These manipulations are some of the things we will always end up seeing and there is really nothing we can do about it. One thing so far is just to either accept it or learn how to trade so you can at least make do with this to study the market, know what to do at every certain point in time and be safe even while trying to look for a way to take advantage of the fluctuating market. However, for those who cannot do all of these, it is better to just HODL.

Holding strategy may not work against whales manipulation but whales also might be preferring to get some good returns hence after manipulation and bottom prices, they will get into market with the same directions of every other holder. So, we may ignore those whales and their manipulations.

The problems are the main reason why a lot of traders will start dropping out one after the other.
We are talking about funds here and the last time I checked, this is one thing a whole lot of people do not like joking with at all and if poloniex is messing up big time with that and the support is always nothing to write home about, there will always be a minus one trader each second before they even know it and with that, it is just a matter of time they end up dead if care is not taken.

In the short term, it may be a life changing crash, considering what some of them may be thinking or going through now, but it would be a very huge one for those who probably got greedy and were busy going all in during the FOMO despite all that was said for people to only invest what they can afford to lose, considering how short term can be after a FOMO, but no one would listen.

Some who just bought little would be less worried and would even use this dip to buy more which is what a lot of people do not always get. Making use of bear market is good but we cannot expect that to happen always because then we can enjoy the bull market ?

But most people do not get is that checking is not the problem but the way you react to what you are checking is the problem. While some are always busy looking to see how bad there market is doing, I always look out for FOMO in any market I am holding and I trade that huge increase.

There is really no huge rally that does not come back testing the bottom one way or the other, but why should I buy, see a lower price when I check and then panic ? That is the problem some people always have.

Yes, the bulls already made an attempt but that shows the extent of the market volatility and the same way we can easily get to see that bullish momentum is the same way we can get to see a bearish momentum, so it is always good to just have an open mind with respect to that. However, looking at the way things are, one may expect that this momentum would continue, but we have not gotten that full confirmation yet that the bulls are back until we really see a good signal.

We are worrying about the not yet starting bull market but you seem very much optimistic about the results of bull run. I like it. In some sense, bull market has already started but people do consider it only after surpassing previous ATH.

I would not even consider this forum in learning how to trade. For heaven sake, Google is not there for decorations as this is where anyone can get link to so many materials they can easily make use of to start making use of to trade and there is no way anyone can get it better than that.

The most important thing is to learn everything that is important to start trading, which is how to do technical analysis, how to make use of indicators and see which pattern suits best. But these are not a rocket science to learn, just giving out some time for learning will make anyone a professional trader after some time.

Yes, they are more risky always and that is the reason I always prefer holding altcoins no matter how long it takes until I see the huge spike, those bull runs that would almost screw the sky and then I sell into them. That is how I prefer trading altcoins and even if I want to day trade, I would rather do that on coins with a huge market cap and preferably bitcoin than every other altcoin that can be extremely volatile in nature just with one drop by a whale.

You all should stop listening to experts on what would happen and what would not happen. We have a lot of resistances ahead of us and no matter what the so called experts are claiming, no one can see the future and we can only deal with what we see at the present moment which I believe it is still too early to be calling the moon already and it is this mindset of following experts that got some people greedy last year.

In some sense, bitcoin is getting ready to moon slowly every year as there cannot be any definite levels where we may assume like bitcoin touches the moon. Based on personal definition, bitcoin might have hit moon already for some people and yet to touch for most other people like me.

This is pretty much definite as we move on and some may not get that since all they are particular about is just the short term. I am absolutely bullish on bitcoin in the long term and for me, that is all that is important. Yes, one may play with this little bit of fluctuation in the market to increase one's position, but that does not change the 6 digits actually as time passes by.

By the way, kwuckduck is docking somewhere right now I believe.

We have seen a little bit journey yet. There would still be so many developments in the future, a level of huge adoption and all these put together would usher in some serious growth for cryptocurrency in the long term. I still see us at this stage as the early adopters and by the time things end up changing a lot in the long run, we would have by then be really in a huge world on its own.

When bitcoin and all other coins will be dominating banking and other sectors then it would be a highly wise idea to keep holding them for long term purposes. I am sure about bitcoins but not all altcoins may be profitable in long term except very few known and highly established coins.

There is really no doubt as we are already beginning to see and feel the impact gradually. In this case, I believe the economy would be affected in a very positive way except that some jobs will be lost in the process since everything would apparently get automated.

It is still too early to say if it is going to be improving the world economy as that would be based on adoption on the global level anyway, but I believe like I said already that if this ends up taking shape as imagined, it would definitely have a positive effect on the economy of each country at large that adopts this.

They are not actually blind to see the benefit that blockchain technology brings to the whole country in itself and it is obvious they are really going to be exploring this area in the long run.

Some countries are already trying to do this while some are already looking into it, so at the end, I believe this would somehow throw out the idea of paper currency as we see things get better and actually will help the country's development if adopted as there should be more transparency, accountability within the governmental and banking system.

I am sure if he does not even have anyone to tell him that, he must have seen a glimpse of it. The thing is if his friends are trading successfully, then they should be able to guide him, otherwise, he will just end up messing up big time and eventually screwing his funds up. Candlestick are good pattern to trade, but to trade candle sticks, it is always necessary to learn very well because in real life trading, you have to be ready to expect anything.

Just capital will be enough to become a trader ? You must be total wrong. If you enter trading without proper preparation i.e. knowledge and experience then you may lose all your capital within one or two trades itself.

That idea of making fast money is what has eventually made so many people to lose most of their funds in the long run. The mentality some people have with trading is the same kind of mentality they have when they are trying to gamble expecting luck to turn things to their favor without using their head.

It is enough of a risk already which is why some investors prefer holding long term, but trying to trade the market without having any knowledge to help make decisions is appalling.

Good answer, but bull market is actually always different from a bull run in my own perspective. I believe when we are in an uptrend for a while, with higher highs and higher lows, that obviously specifies a bull market which can of course take place for a long time.

Nevertheless, in the process of that, we may always get to see a bull run and this is actually the time when the market is just having some speedy nonstop movement in a very short period of time like it just wants to puncture the moon and drag it down.

I feel the choice should be made by the OP but if I am to state my opinion, at this point and in the short term when altcoins are actually going to be having some pretty crazy moments when bitcoin peradventure starts consolidating, I would at least put some little bucks into some alts.

Now, this is not for long term as it is necessary to just sell out when the altcoin market is becoming too good to be true or when bitcoin is beginning to show some sign of bull run. Altcoins always bleed in a very huge mighty way.

We all surely have that hope in the coming years and as long as all the scaling issue is even solved, we will get to see the way forward with mainstream adoption kicking in and a lot of people focusing on using bitcoin as a means of transaction all over the world and we all know how the response to that is going to be like.

Bitcoin to me anyway is already an invaluable asset considering how it has come to show us things really do not have to be that hard with how banks have over the years made it to be.

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I want to believe bitcoin would mainly serve as a haven for those who may have been tired of the way things have been going. However, if we are thinking about how it is going to be of advantage to the economy of a specific country, that is going to be dependent on the usage of it and how well the citizens accept and adopt it. The global economy is more like a very big picture to me, and that is something we cannot just expect bitcoin to just come up and solve.

Yeah, it is interesting but in the reality, it is not really true the way the OP mentioned. YouTube has been sure effective with dishing out a lot in terms of video posts which of course makes it easy for anyone to share anything easily without having to go through the TV, but YouTube has a target market and TV also do. In one word, YouTube did not end up making TV useless as they are both serving their own purposes in their own way and that is how the banks and bitcoin is going to be like.