For the fact that he only told us he heard something, without even giving a source could possibly mean he formed it himself, or he is trying to show us how worried he is about Ethereum and trying to get our opinions. The fact is, whether Ethereum will even get to as low as $400 or start gaining momentum to test the previous top and get into the era of more ATHs, no one can absolutely know.

If the chart tells us Ethereum wants to go down the more, then we will watch how far it goes, but giving an exact spot is not realistic and wherever he must have gotten such information from is obviously whacked.

Chart analysis or should I say Technical analysis are there for traders to take advantage of and not trusting in them, I wonder what any trader will want to trust in then. If any trader rules out technical analysis, then obviously they have no strategy and most of the time, they are just gambling. Trading requires charting and that is the only way anyone can ever make good trading decisions.

Anyone who is relying on only fundamental analysis to trade bitcoin will always end up in the FOMO category of investors. You should at least be able to combine the two. If the fundamentals and technical are showing positive, then you should be able to make a good decision, but as far as I am concerned, you cannot do without technical analysis before at least considering getting some affirmations in your decision.

It totally depends on the way we want to look at it though. Like someone already rightly said, gambling is all about luck and if that is all you are relying on to make a trade without a strategy and you feel you are buying low and waiting to see if luck will let it increase so that you sell, then you are definitely gambling.

However, compared to the real gambling where everything is based on luck, you can use strategies to make good decisions but like the OP said, the whales will always have the highest advantage since they are the ones controlling the market and the smart traders are just tagging along while the gamblers are just betting any position they feel like.

One thing is that as long as there are people who feel they benefit from this guy, good for them, and I hope they would not end up getting burned relying on someone else's pattern of giving future predictions than having their own strategies and what to look out for in the market to make decisions. it is a free world and anyone can post anything.

Moreover, bitcoin is full of surprises, so I am always opened to them when they come but not by using someone else's opinion as my footstool. Still, everybody is entitled to their opinion in as much as we are all speculating.

I have not really fancied this guy's analysis for one anyway and I am not the kind of person who rely on predicting the future and I would rather just do my thing based on my chart and make decisions based on that. If bitcoin decides to tap down to $8500 by June, good and fine, we will have the chance to buy more, and if it does not, we will have a chance to keep making profit from what we are holding.

The only reason why I stopped day-trading and concentrate on short term was just because of the stress of having to strain my eye on the chart all day, but for those who understand how to do their thing and make use of the quick swings in the market to their advantage, they are not gambling, and they are getting the best from it. Obviously, most people do not, and day trading, short trading or whatever, they are still gambling anyway since they have no strategy.

Copy paste will die, the projects with usable products will have chance to show case themselves to be used which would end up to them being demanded in the long run and hence lead to their presence remaining in the market.

Nevertheless, bitcoin has smart contract too, and you can go read about the OMNI protocol. I got to know about this recently from this post (https://bitcointalk.org/index.php?topic=2980361.msg30668604#msg30668604) and I was really amazed I have been ignorant all these while. Bitcoin is already established and based on the way a lot of people have pronounced it dead from the onset; it should have been dead by now.

Yes that’s true. Even in the meeting concluded by United States in matter of cryptocurrencies, they mainly focused on regulating the cryptocurrencies and preventing illegal activities from happening and to break down the ICO process.

The main point of discussion was to remove the ICO’s due to the scams and due to people losing their hard earned money due to fraud activities. I agree to the point that ICO’s should no longer take place and cryptos shall be regulated to make sure the development as well as security.

That priority however, is good for someone who really does not have much to invest anyway. I would not expect someone who can invest as much as $10000 in a project as I have seen people like that to go participate in bounties. The question OP asked is not really a question that needs much debate.

If one has enough to invest, then you can go ahead without bounty, but for someone who does not, and the chance for a bounty is opened, why not work and earn it by making bounty your priority as you said, but at the end, the priority for everyone balls down on the pocket of the individual.

That is even a whole higher level of risk for someone who is new to trading. If the OP had asked if HODL or trading is better, I would obviously choose trading any day anytime. But when we are referring to day trade, that is a whole new level entirely and it requires a great deal of knowledge and attention. Nevertheless, for someone like you who prefer peace of mind and apparently not ready to learn trading or have the time to do so, like you said, no need stressing yourself than to just hold.

Every investment is very risky but what makes it a little less risky is when you are able to do a good research on the ICO and be certain you are investing in the right market. I saw a project recently, adblurb ICO and I had to shake my head when I saw the team.

How can a team with a huge experience as they claimed, at this day and age in the technology sector would not know the value of LinkedIn and every one of them decided to open a new account to pimp it without a single skill endorsement. Come on! Some things are always glaring, but some investors just do not usually care.

Should anyone even have anything to suggest considering that everyone have a decision to make on their own. The only thing I can say is that whoever wants to invest in bitcoin should try as much as possible to ask as much question they can ask to understand perfectly well what they are doing and then make decisions based on that. How many percentage they want to decide to go from their fiat holding by then should be their concern.

Any smart investor should always be prepared for the worst and the ability to do that helps them to take calculated risk and make decisions. No one can give a definite answer, as some prefer 2% of their fiat holding, while some are comfortable with 50% or even more into bitcoin. At the end of the day, everyone understands the risk they are taking, they understand the value they should end up getting and they know what they are doing which is the most important.

Yeah, sometimes you can be deceived, but it would take a lot of not finding some information for you to get deceived. The mistake a lot of people make is to concentrate on whitepaper, the roadmap and living the main idea of finding out about the team. This is an internet age, and there is no information you need about a team that you will not get.

I remember how some guy who claims to be the CEO of a project's ICO and said he is an English man. In fact, I started suspecting from the use of English on the website, and then decided to want to have a chat with him, only for him to bail out. LinkedIn profile for all members were all new, and for those who claimed to be IT professionals and professional in their industry? Come on!

Yeah, there is always that good feeling about it most of the time when you just see the whole market in green rather than red. However, I always look forward to reds anyway as moments that one can have once in a while to buy more. You know, the more you buy in reds, the more you gain in greens. Just how it has been fashioned. For now, bitcoin is looking strong and that have some impacts in the market as well.

It is actually a big problem for those who are not security cautious and ended up leaving their account vulnerable. The truth is that most people do not have much knowledge about security and they end up either on a phishing website or something totally contrary to what would make their account secured. It takes being extra careful and it can only be an issue for those caliber of people.

Far impossible to predict, but for someone who is knowledgeable on how to make use of the charts and indicators, as well as support and resistance to their advantage, they should be able to make some decisions based on that effectively. We are always expecting an outcome, and the thing with trading is to keep asking yourself that, if this happens, what will happen next and that is how you are able to analyze.

One thing you should always understand is that, unless you are just gambling your position, the market one way or the other will always be a few steps ahead of you to confirm a position and also one of the reasons you do not joke with your stop loss.

However, if you are looking for a dip, you should be ready to know how to analyze candles, understand bearish situations as well as divergence, and with that, you should be able to get into a market that is about to switch to the downtrend, but the market will always give you time to make that decision.

Lol. I can feel you deeply bro because the same thing happens to me. I have never seen a moment in my life where your business just ends up stalling because of the Chinese new year issue. I have a wedding store and due to my past experience with the whole China holiday, I always try as much as possible to stock up quickly and get my delivery done before the holidays, most especially for the fast moving ones.

With respect to bitcoin though, even though it has been a trend, I am still always skeptical about China having much impact on this, but I guess this generally affects the market since a lot of people already have that notion anyway.

How is that ever a silly question ? The point here which nobody is clearly facing and we are being sentimental about is that, very few people actually take gambling for fun and those are those who actually have so much to throw around anyway. The way some newbies talk about making profit from gambling, come on! Let's be realistic here.

Even those who feel they are having fun sometimes, mainly use that to hold themselves back knowing from experience how gambling really is, so at the end, unless you have some other motive than winning when you are gambling, I do not see any other reason why we are gambling. If I want to roll dice with my partner and declare who the winner is, I can have fun in doing that without betting any money.

Exactly, but if he really wants to play with the swings, then he should better know what is he doing, so he does not end up even losing the more.

Nevertheless, most especially for altcoins, I have always noticed, there is usually this huge period for them when they just increase hugely in price and for someone who is smart just like you have said, to be able to hold more position when it goes down, just sell and buy back lower. I would not really consider that without at least learning how to do some trend following.

Every trader should have a strategy and stick to it, rather than panic. However, sometimes, I would not consider somethings as panic; I would rather call it playing safe. The same BCH has reached my stop loss before, sold it and all of a sudden it started rising back, of course some would want to quickly buy back into it and then all of a sudden it came all the way back down before you know it. That is one controlled market I have told myself never to trade again. So, at the end, it is just what they call moving on, and better safe than sorry.

Nothing makes the two different apart from its complexities and understanding how the market works. Ta can fail in any scenario, otherwise, if it was meant to be only TA, then there would not be anything called stop loss. Every market have its own way of responding to every fundamental issues, and none can be exempted.

If you can trade Forex, I see no reason for you having problem with cryptocurrencies once you understand the market and vice versa, but at the end it only depends on your own preference.