I just checked the date of when this was posted and it happens to be on March of 2017. If this guy really withdrew his funds from Bitcoin, then man I’m sorry, cause you missed a lot. Even as of now, anyone who has money in Bitcoin shouldn’t withdraw it cause the price is really rising and I believe as many has predicted, the price will reach $15000 in April/May, and by the time May ends, we will see something much better. Just hold on guys!

Even as of now the price already is at the rate of $8,300. Ethereum has reached $500 while BCH is at the rate of $1000+. I believe things are turning to be much better than it was before. Just look at it, it went from the price rate of $6000 and has reached this high. I believe it will keep on going, $15k or $20k isn’t bad anyway. It takes just patience, cause if you quit, you will miss the bigger part of it.

Probably this is something we may just have to wait out to see if it was really a scam or a hack as some people have been claiming. So far, I have not seen anything to tell me it is not, so I guess I may have to just place it as a scam until further notice.

I really did not invest in savedroid anyway, but since they were able to raise that much and if it ends up a scam, then I must assume the team must have done a huge job convincing investors. Let's see how it all turns out eventually though.

Bull run should not even be what anyone should be expecting anytime now. We will still be in some sideways movement for a while before we even ever get to see that coming. However, it is the way the market has been which is unpredictable, but for a normal market that is trying to recover after a huge and long downtrend most especially for bitcoin, there would still be some moment of accumulation. For altcoins though, we all know the catalyst is usually the increase in value which usually result to FOMO.

Yeah, the market is extremely unpredictable and the only thing I have never done is to assume for the future. Looking at the way things turned out last year, one may think it is something we can actually get to see but who knows really ? This is a market and it is obvious that things will always get to be as long as they are meant to be. $25k is not impossible, but at the same time, we have had a whole year of consolidation before. So who knows?

I am not discouraging people here. From last four months of observation, I come to a conclusion of mixed trend in this year. We may get prices near $20k levels within this year still I doubt about new ATH within this year. Sustaining is more important for bull rally which is the main thing being missed so far this year.

There are some predictions that are always going to be unreasonable. No matter how volatile this market is, we cannot just expect the market to start dropping that low in a very huge way to as low as $1000 which is even a value that is simply unrealistic.

I really want to believe we have already experienced the bottom this year, but I still also have the mind that anything can still happen, but not expecting the worst to that extent. Any investor who is panicking or imagines bitcoin hitting that low is not even worth being called an investor in the first place.

Agree. To those expecting a huge increase all of a sudden; things do not usually just happen that way.
Everything is usually in phases and before we can even start considering any possibilities we should at least have some test of support before even going further. $14k is still a very long way to go from here and I expect this to not happen as well anytime soon, but let us see how the coming month would end up being like anyway since I can see how the altcoins have been rallying a bit so far.

Well, do we really have any other choice than to just stay positive ?
One thing I have always known is that the market will never remain in a downtrend forever, and the only way to enjoy this market is always to accumulate at those dips as you cannot get it better than that.

I believe growth is hugely around the corner, the alts are beginning to make some attempts gradually, bitcoin is forming some pattern of consolidation after a huge growth within few hours, and with that, we may actually start seeing some good movement soon.

The reason why a lot of new investors find it hard to hold is because they brought in the wrong mindset. They feel they are here to get rich quickly without considering that those who have been holding earlier have waited years and still counting and believing in the future. If they did not, they apparently will not be here by now and this was even the time when the future was not even certain coupled with a lot of fear, not now when things are even getting better.

Holding against unstable market ? Seems a new perspective. Even bitcoin market is stable, I will prefer to continue my holding. Because in long run only I will be able to make big profits compared to active trading.

We have not yet even gotten into consolidation yet or have an affirmation of that and as far as I can see now, we have broken out of the downtrend and that gives hope, but the only thing that would make us see a good movement back up now is to get test that down trend and see how we respond to it from there and personally that is what I am after, not just to start assuming anything because we recently saw a pump.

Trading most especially is a huge load of work and that depends on your style of trading as well. All the above, every success will always come with a story and there is no one who is successful today that has not really been in that level of working hard and smart at the same time.

Trading to me is more of being smart even though it requires a lot of effort and dedication, but if you do it well, you will always get the best result and as long as the market is secured, then you have a guarantee to keep the ball rolling.

Hmm. So we have to assume that since this is over, we may actually start seeing some good response in the market pretty soon. It may be just be a coincidence because I cannot expect how a single country may actually have that much of an impact on the value of cryptocurrency at large. It is understandable though, since a single man anyway can dump on the market and still affects it hugely. I guess this is the period we normally see some switch in trend after some long downtrend anyway. Let's hope the positive vibe will start getting back into the market.

Everything is always going to be under probability. Yeah, we can switch back to an uptrend before the end of the year, but the truth is how far we are going to go is one thing only time can tell. We have had a huge bear year at the starting of the year and the after effect is not something we should just expect some sudden recovery in price.

Nevertheless, we are in a market where surprises can happen but I personally would not be expecting so much, but whatever comes is good enough for me either bull or bear scenario.

I want to believe we are always expecting too much from bitcoin or cryptocurrency world at large in just a very short time. Also, those who are comparing it to the dollar should understand that even in the foreign exchange market, CNY, JPY, GBP, and so on all have fluctuations and you cannot even expect a currency to be stable just as some of you are painting it. There is volatility in every market just that it differs from each other. However, there is a huge difference between a decentralized and centralized market.

f they had the faith initially and they were not looking at the short term benefit but the long term, then they will end up not losing faith. The only set of people losing faith right now are those who are greedy and are expecting the short term benefit from bitcoin and looking at how they would just get rich overnight and this was what made the whole FOMO to increase mightily last year. HODL is not bad if you can handle yourself in the market as a trader, but whichever way as long as you are not doing anything emotionally, whatever you do is right.

Personally it depends on the market for me. The most effective method is the one that flows with your pattern actually. I trade bitcoin fluctuations in the short term and I trade altcoins for long term and the only time I tend to trade altcoins during an uptrend is if I get to see a huge break out which most of the time, I am always very careful considering how volatile the market can be for a market that is already overbought.

Although, best for me is to always look for oversold market, buy back when I see some divergence, accumulate and hold for long term for the altcoins. Because holding for longer period eliminates lots of practical difficulties of trading. Without stress I am able to make decent money.

It seems the problem with poloniex just keeps getting huge each and every day with a lot of the users complaining.
I feel we are still not getting it though as most of the exchanges are still trying hard to be able to compete in the real world and most especially in the area of support, I have not really seen an exchange that gives me that chill except for those with lower user base though. Bittrex to me is still a lot better than poloniex even bittrex allowed me to withdraw after I have submitted couple of my identification documents.

Apparently, what makes you a gambler even when you think you are trading is when you do not have any strategy and you will easy be emotional whether you like it or not. Not being emotional or trying to stay strong still does not change anything if you do not have knowledge about trading or you do not know how to play your cards right and safely.

Once you have knowledge, there is this confidence that you have and you will see yourself not gambling your way through trading.

This is one thing that we are going to be experiencing sooner anyway and we are gradually seeing how some banks in the developed world already trying to see how they can integrate the idea of blockchain technology into the finance sector. It would be changing a whole lot of things and I am sure it would even get better globally as time goes on. This is the new world and this is evolution of money, and as long as there is an evolution, changes are definite and most especially for the better.

Lots of improvements for financial industry could be expect due to adoption of blockchain technology in coming days in terms of preventing scams and more secured way of banking to common people. Definitely blockchain technology may take our current life style into new dimension buts many governments and central banks are not taking no initial steps so far.

Yeah, there is no way you can actually get the best of the market at all if you do not have any patience. Looking at how most of the altcoins as well as bitcoin has performed in the past, it simply shows that if you are in a rush to get rich quickly, a time will come when you will look back and see the coin you held as really increased so much in value which you have totally missed out on.

I held verge for a long time since inception which I got for just few dollars and now, anyone who knows the extent to which verge increased over the years, will know the rest of the story.

Things will always get worst without emotional control and there is just no two ways about it. The reason why a lot of people are in the wrong side of gambling today is just because they have fixated their mind to that idea of gambling to win or to make money and the last time I recalled, the casino owners are there for business and not to dash out money in which they win most of the time. As long as anyone can keep this at the back of their mind, they will always know when they have given out enough to the casino owners.