Sorry mate, but no matter the strategy you think you have, no matter how much you think your strategy is going to work, gambling is gambling and it is all centered on luck. In that case, thinking anyone could get a hang of gambling is an absurd thing to think because no one can. It is either, you get lucky or you do not, it is either you get yourself in order and try to control yourself or you end up an addict by setting your mind on the things you should not.

It is best to even know beforehand that this is nothing about profit, it is gambling, you may be very lucky to get in on a sweet ride with the winning kicking in which is usually rare, and you can also start dancing with the negative side of things which most of the time it is common.

Now, it is important to be able to live with that mind that you are bound to lose more and be able to accept it before even attempting to gamble, because if you cannot, then you are leading yourself to the worst practice that can ruin you.

You basically become a house and the "house" in the "house always wins" which means investing in gambling site is a profitable investment however you need to care about two things before you do it.

First is trusting the website, do you trust the website enough that it is definitely making that much money from the house edge or it won't steal money and go and so forth, if you trust the casino that its fine, if you do not you are risking money.

Second one is not using that profits or dividends on gambling yourself, usually investment is done on the casino website and the gambling is right there, some people can't go against the temptation so try to not gamble with your investment.

Loneliness and dissatisfaction are just two states of the mind, but this does not mean they simply will always be the cause of an addiction and that does not mean they cannot.

There is something about life, one thing usually lead to another and from there, you may even find yourself getting addicted by thinking you can find solace in gambling as a result of loneliness or some form of dissatisfaction on certain things, while thinking that you will just simply get out from it because of gambling. That is more like moving from frying pan into fire and that mindset you are bringing already can take you through the wrong path if you are not careful.

Holders who hate bearish people ? You think real holders who understand the technology, the future and the benefit and understand the risk with volatility will be worried about where the market wants to drive to? A serious holder will care less and even buy the dips if need be.

Nevertheless, the OP is just stating his own opinion. That does not mean his opinion will have to count in the long run, as future is unpredictable, but whichever way, you should also understand that the market sure have more room to go lower, and how you view that as an opportunity or problem is where the problem is.

It has happened before but I really do not see it as a problem for miners. Not like it was stable, but there was a time in the past we had a long period of consolidation before bitcoin started making any moves to the upward direction.

I believe if things get to an equilibrium state and we know in a way, miners are getting something from the increase in price as well of what they get eventually, I am sure at some point, when it becomes less profitable for that reason, a lot of miners will end up bailing out, and then we will see the hash rate dropping and that means more money for the big miners, as I believe they will end up being the ones to stay in the mining sector as time goes on.

Firstly, that should be nothing is impossible in the crypto world, and secondly it is just a normal saying based on experience and not a proverb as you said it. That is a sentence that I am sure is clear to even my 2 year old kid. Market can grow outrageously in the long run and however it tends to is best known with time as no one can predict the future but in this case, and as some people have mentioned it, it seems to be a lot to wrap one's head around, considering the level at which the market cap will be in such scenario

20 seems reasonable time period to have such a big growth. We also have to understand that not everyone globally is absolutely going to end up being in this space, as some will be limited, accessible to some, and it would be a personal decision for some. Also in this case, we are talking about the whole world moving into the crypto space, with a market cap like this, and I wonder how that in itself is really going to work out. Do we even have up to 204 trillion dollar in the whole global market?

Honestly, who really care about them ? What I am more worried about now is to see the market become less speculative and then see some level of real life usage. As long as we get to see this, I am sure even the whales hand will be a whole lot folded when it comes to manipulating the market in a way they want to.

Market is a whole lot going to develop as time goes on and will definitely not be what it is today. The mystery now is how the government is actually going to be able to make everything go smoothly, without giving up control and at the same time accepting the blockchain technology and cryptocurrency. I guess that is something we will get an answer to in the future.

Well, the changes you are referring to is totally different from the changes you are mentioning here. For what it is worth, the changes you are referring to should not be a problem for anyone who understands the market and the future it brings. A lot of people concentrate so much on profit that they forget the reason why they are here in the first place. It is far more than just profit, but the future and the great value it brings.

That being said, with respect to the OP, what he is saying is normal in any market and that is why there will always be arbitrage opportunities from platform to platform in any market.

I have been interested in bitcoin for over 6 years now. I have been here way before anything important happened and I was here when all bad things happened as well. I have kept my peace with bitcoin for a long time and always supported the increase of bitcoin price and still do.

Nevertheless, this time it is a little bit different than the "old times" that I have seen, it seems like the market is volatile like always however this time its billions that keeps moving on. Back in the day when we saw drops and increases, it wasn't billions it was millions. This time it scares a bit more because honestly it is a lot of money to change the prices and rally up for a bull run.

Everyone can achieve it, however will they ? No.
Read the story of "I want the earth plus 5% more", it shows how economy is based upon some people making money while others can't. This means if you make money from trading bitcoin, there must be someone on the other side of that trade that lost money.

You hope that person is super rich and did a stupid move and it did not affected his normal life and maybe even chump change for him but more often than not those people do not make those silly moves, they did not become super rich by doing those silly moves.

You are most likely trading against someone who lost money that was really valuable to him. Not your problem I know but it just so happens to mean that not everyone can fulfill their future with bitcoin.

It does not have to be the first thing but in the real sense it is a way to have a deeper insight on the project and the idea behind it while envisioning what it would be like once it actually hits it running. Nevertheless, the reason why I too believe that the whitepaper should come first is because whitepapers can be cloned and you really want to be sure you are not wasting your time, but starting to dig on the team first before anything else, in this way you would know if it would be a whitepaper worth wasting your time to read.

I am just following few telegram groups and they are the first filters to narrow down into few projects from this forum.

It really would not have a big volume yet because it still remains a shit exchange when compared to every other reputable ones. Do you want to refer to the lagging website with a very bad interface, or the fact that their support sucks, or even to the point that once you have deposited into Mercatox, withdrawal becomes a problem.

I recently withdrew my btc from Mercatox, and that btc never showed up. I just wanted to let go of a token which I have been holding for a while and seems not to be having much development, which unfortunately the only exchange it is being traded was Mercatox. Shitty exchange to the core!

Yeah, all users are looking forward to see a good end of the year, but the problem is that not all users are being realistic and they are simply expecting so much. This is not last year, we had a bullish move through out last year as the market was in an uptrend through, I guess I do not need to say this market is currently bearish and then nothing is guaranteed.

In as much as people could want a bullish run, we might see a good movement upward but it would not be any run and that does not ascertain any monish behavior yet.

Even though some people might still think that moon is something that happens in the market every year. This is a year of the bears and in occasions like this, it takes a lot of time for the market to get its bearing before even attempting to switch to an uptrend with some great recovery at the end of the day and that is the only time we can get to start thinking of a new ATH as the case may be. The future is still there and nothing has changed it, it only requires some level of patience and smartness to benefit from the future.

Patience! That is all that is needed to be able to make the right decisions in this market. The fact that there is a dump does not mean the future of a market is dead, it is just a phase, and trend changes every now and then, with what we have experienced now occurring again later on in the future. What is important now is to utilize the opportunity this moment brings and certainly try as much as possible to buy into the dips.

People, who are feeling hopeless at the moment, are certainly those who expect so much from the market in the short term. As far as I am concerned, there is simply no way you can know what the market holds, and those who are just simply looking to get rich quick, would feel depressed since they ended up joining FOMO, investing in the market without some adequate knowledge, and now blaming the market for the mistakes they made.

We cannot stop people from panicking as long as they got the wrong picture from the onset, if they get to understand the long term benefit and the possibility of seeing that happen, then, they will know what to focus on.

You just sounded like a gambler, no offense! Buying fast and selling fast is not as simple as it is but the question you should be asking yourself at certain point in the market is where are you buying and where are you selling ?

It is one thing to want to buy fast, but you may actually end up catching a falling knife if care is not taken and most especially if you do not have any strategy at all. Learn, take time to know what is best for you and remember scalping requires a lot of concentration, discipline and principle, which makes it not for everyone.

The fact that it is like that is simply because it has more support than any other coin and I do not know what you mean by being profitable, it is still one of the most profitable so far as far as I am concerned, and it is still more matured than any other altcoin market as far as I am concerned.

It is only left for you to know how to trade and then take advantage of the opportunities with the fluctuations, and you will still see yourself in profit. Now, this does not mean, I do not agree that altcoins sometimes can make some pretty big move, but all that still depends on how you are able to play your card well.

I wonder what is being meant in the first place by 70% being predictable or not. This is a market, nothing is predictable and the market can go to any direction contrary to what your analysis tells you and all we do is to just use these tools available to us to take certain market decisions but if it works every time as planned, there won’t be a need for stop loss. Nothing is easy just as you have said, and price movement takes time and it is a gradual thing. It is just more like you trying to find a direction, which is exactly what the market is doing.

Well, I guess at this point in time, we may just have to find out if we are going to be able to break past this $7000 or we are going to end up breezing back down as the case may be. There is absolutely no easy way of the market hitting a certain amount, unless of course there is just one crazy news that brings about a very huge demand in the market, and every resistance and sell walls are being squashed with everyone trying to lay their hands on the little they still can, but we all know this can only happen that easy in dreams.

That happening is under a lot of conditions that is hard to get and that makes it a bit impossible at the moment. We sure do not know what the future holds, but we know how fast the market is in going down and how slow it is trying to find even a little gain. Recently, we had a 2 weeks of gain erased in just few hours, and imagine on the way up to $20k, what would happen along the line. We have huge resistance above us and it all depends on when the market is going to be strong enough with demand to be able to break them and we do not look that strong at the moment.

That is it, it is not like news will not always be good and there would still be some news that would help inform one's decision making. However, when it comes to the mainstream media, I want to believe that news and journalist has been so much bastardized that they really do not care about the authenticity of their news before even dropping it.

Now, what we cannot say exactly if this news is related to the drop in prices or if there are whales involved in the equation to create a panic or FOMO as the case may be, but the best is just to believe in what you believe in and take the mainstream media news most of the time as pinch of salt.