Buying a flat with bitcoin and because bitcoin reduces in value, your flat value reduces as well ? Are you really high right now ?
By flat, I am sure you are talking about a house in the literal term and for heaven sake, you have nothing to lose buying the flat in the equivalent amount you could have gotten it.

The only person who may have something to lose would be the person that actually sold the flat to you probably not converting to fiat and then the value of bitcoin drops in value which makes the idea of not using bitcoin as money comes to play but your example is totally off.

Yeah, extra patience with a very good plan. Like they always say, if you fail to plan, then you plan to fail, irrespective of the capital you are starting with. That is one thing most people do not always understand.

The only difference with starting with big or small capital is just the time it would take you to achieve your objective, but without plans, even for both, it would still end up failing anyway. You can start small and make it big and you can still start big and then end up making it smaller or vice versa.

Are you serious ?
Only a born failure would get down and never get up.
It is normal to fail and make mistakes once in a while, but what makes you a winner at the end is learning from it and doing it better next time. There has not been any one in this world who is totally perfect and those who are close to being perfect have made so many mistakes and learned from those experience to be able to do things better.

Hence the idea of you not being able to get down when you get up is just absurd.

I do not even know why someone would want to be selling when the idea they had initially was to enjoy the long term benefit of the market they are holding on to and that is really baffling considering how some just do not always get it. If you are not trading on the short term, no one really should have any business selling out of panic because obviously, they would not even know when to even buy back and the market sure waits for no one unless they just end up getting lucky but this is not gambling, this is investment.

Stop-loss must be the only thing which would have prevented those massive losses. But for bitcoin trading, I guess we do not need to go for cutting the losses early unless otherwise we are not ready to hold for some more time. Because bitcoin prices are always known for bouncing back from any kind of downfall.

Like most people here always say, you may never know if you do not try. Normally, it would be stupid of anyone to just hop into trading without at least making sure they are very vast and have a great level of knowledge to be able to trade safely. So many people usually do not do this and this is the main reason why they always end up screwing things up since all they do is gamble their position in the market without any plan or strategy whatsoever.

Trading brings a lot of profit for traders and can also bring a lot of losses for those who are foolish enough to think they can do anything without learning.

Looking past at the history of governance in Venezuela, I really do not think the government is really bound to use that petro to help the economy but simply to enrich themselves lol. I am saying this because in the past, many coins had done that exactly.

It is becoming obvious that this is not going to really make much waves and it apparently does not solve any problem since it is controlled anyway and would definitely still not stop some level of corruption that has dug in so deep. Not like that was the plan though except I feel some are just bound to get themselves richer from it.

Those who are seeing it as the easy way out are the type that fall a victim of scammers at the end. The reason being that they do not do proper investigation on what they are investing in, they are pretty much just busy trying to see how they can at least get rich quickly by holding just anything with so many emphasis on quantity than quality and this way, a lot of them rather than making money as investors only ended up losing much more.

Making some money from cryptos may seem easier for many people as of now. But if you notice, many consistent money is not yet possible here in crypto world. Making some money is not a thing, I always look for but a consistent one because that alone may help to rise my future.

I am not sure my annoyance with the banks will really be lower than anyone else but I totally agree with you that this would not eradicate the banking sector no matter what as they would still always remain relevant and that would be too much to expect anyway for those who think banks would just fade off one day.

Worst part is that they would find a way to blend into rendering services in the cryptocurrency sector with some form of regulation by the government.

Government allowing it to happen in their country does not mean they will allow it to take over the centralized fiat system.
You think governments all over the world will want to give up their currency for a decentralized digital currency ?

You better think again, because that is a total level of impossibility. Sure, we may get to see regulation and adoption of cryptocurrency with each country playing its own role the way she best fit, but it would only be in par with the normal currency and I see this space ending more like stocks in the long run.

I am sure the law enforcement is actually finding a way to deal with that and over time, lol; we will get to know what stands for the future of these currencies.

For instance, Japan passed a new policy on exchanges removing any anonymous coin by June and if every other country starts taking this cause, I believe there may not be enough room for reputable exchanges for these coins anymore. Crime has been in existence, and this has made it easy for the perpetrators and obviously we cannot expect government to keep silent about it.

You are right anyway. If we are really to take a good look at it, fun seekers only use that as a way to caution themselves and it is not really like anyone in these two categories would love losing anyway.

I wonder why I would keep dishing out a huge load of money just for the sake of trying to win based on luck which I practically know the house edge have far better chances than I do. As long as there is anyone who does not set a limit for themselves in gambling, then it is the start of a colossal destruction for them.

Something unique from what is being done is one thing he would need to come up with and that would not be an easy thing as it would require some high level of hard work to come up with. The thing is that, it is a big space and there would always be a lot of gamblers who are willing to try out new things. The only idea anyone can come up with now is something that I believe it is already being done in some of the known websites unless he is thinking of bringing new games.

You cannot call all gambling sites are here to fool the gamblers. It is their business model and all gamblers must need to pay their fee for their gambling activities. I mean to say gambling industry itself designed in a manner that will give you hopes but will never let you make money. If gamblers will be able to make money from gambling then how such an industry will survive ?

Yes, even a gambler is playing with highly reputed house, there will be no guarantee that he will be able to make his fortunes. Even highly experienced the gamblers also making losses but probably they are betting with the very small amount so that they are able to play for long run. There are many strategies like these but unfortunately no gamblers are not giving importance to know them.

Before getting into gambling, we must work on different surviving strategies of gambling. Finding a reputed gambling site must be one of them but that alone will not help any gambler to survive for long run with their gambling activities.

Forget about predictions. If you are basing your decisions based on some predictions, then you are really going to be setting yourself ablaze when things do not go as you expect.

The market is very volatile, accept that and stick to it, and while doing that, believe that no matter what happens, you are still going to be holding anyway, so learn to only invest what will end up giving you peace of mind if the market is not even moving as expected and that would even give you more chance to buy more.

Firstly, asking questions about future is even always funny as if we all know what the future is going to be holding for any of us, let alone bitcoin.

Secondly, this is a market that is obviously here to stay and I do not for any reason see how anything would end up affecting bitcoin negatively to the point where it is going to disappear. However, it is a good risk to take when trying to compare the profit to the loss ratio, and for that reason, it is an investment almost everyone would want to be a part of.

Trading alt is just as much as trading any market and you are only going to be gambling when of course the only thing you know about trading is to buy low and sell high without knowing how to go about it. I am very sure this is the position a lot of people always end up finding themselves in the long run as they end up screwing everything up in a matter of time due to their lack of knowledge. Gambling is gambling and trading is trading, but once you are trading without knowledge, then you are gambling.

The first destroying factor is starting to trade without any knowledge or learning. This is the main thing that gives room for every other negativity such as emotion, making bad decisions and so on, which would always make the trader to always end up in a bad situation most of the time. It is one thing to want to trade, and it is another thing to be dedicated to learning.

Traders never stop learning, and that is what makes them a pro till date. If a trader cannot find time to learn then it would be better quitting trading career. Because, instead of struggling with improper way of trading, it would be better not to trade.

But as per perfect-investment-plans criteria, you should not buy all at once. It means you should expect prices to go down to buy more at any level. If you are following this, you will never run out of money to buy again when prices are going down.

That is the main essence which is trusting in the long term of what you are holding and believing that we aren't even going to have any stall in growth as far as this market is concerned. The thing is that the market will always respond most times the way it is being perceived, so the little fluctuations in between are very normal and some of the things we cannot avoid anyway. Hopefully with this movement, we will get to see the value of bitcoin hitting $10000 in the next few days.

Obviously in the long run, bitcoin would go higher than it is now, since it obviously cannot remain stagnant. However, based on your last statement, we have to understand that the higher and higher this year that you have mentioned may not necessarily be the case.

As long as the market is concerned, we will get to see some pretty good sideways movement for the meantime, because we can even start thinking of a bull run that would set us up to a new level of ATH. We still have a lot of days ahead of us anyway. But we can be sure about new ATH to happen within this year 2018. Because when bitcoin will be having price levels near previous peak levels then more people will come to invest and adopt bitcoins. This is an easy prediction anyone can expect.

Identity will only be restricted to exchanges and it does not change the idea that decentralization brings. Yes, most of the exchanges we have had now have been centralized in nature and this is where I see so many decentralized exchanges coming up in the long run as we get to see some good ones that would become more used than centralized.

Regulation is not a bad thing anyway as that should help growth and create peaceful and sane environment for investors. But it usually treated by most of crypto users as an non-acceptable concept against decentralization. Only time may tech us that we may need regulations are not.