You do not have to be negative; you only have to be strategic.
As long as you analyze yourself and know you are doing the right thing, why will you ever be negative ?

For example, anyone who is greedy enough and wants to get rich fast, ended up getting into ponzi, when they fully know the risk involved, should not even be negative, they should be ready for any consequence. Only non-smart people get negative and once you are sure you have made the right decision, stay positive as that is the only thing that can keep you in the game.

Apparently, he had no knowledge and still has no knowledge about risk management and that would be more like speaking to the air. How will even a sane person buy with credit when the market is really going pretty high and everyone is busy buying ?

He is either a dumb investor, extremely greedy or does not even have any common sense (sorry to say). If he is not a troll like you said, and he is for real, then I guess no one can help him and he must have learned his lessons by now which I hope he manages to escape.

I would not say constantly even if we end up having the bears out of the system and the bulls take over, we will still be testing resistance and support gradually at some levels. However, once we are out of the downtrend channel, it will be good to sit back and relax as the bullish drama unfolds. The recovery most times after a crash like this is always huge, so I bet we are going to be having a sweet run to the top eventually.

There is a huge buy order right now and with the way the bears are weak right now, I am not seeing bitcoin getting lower than that. The bulls are trying hard right now to stir the market up, there is still a lot of doubt, so many traders are still looking out for a better signal before getting in as there have been a whole lot of bear traps in the past, so the best bet now is to just wait and see but $700? No single way!

Chinese may not have impact, but the huge volume that was pumped into bitcoin few days back should have at least given some people a clue that the bulls are beginning to get back into the market. We do not need a soothsayer to tell us sometimes when to get in and when to get out.

We have had a huge dip enough and anyone who is not buying now and waiting for lower, instead of at least buying some at this point, is as greedy as someone who bought at the top.

Smart moneys will be thinking of a sweet time to get in right now. The risk takers obviously would have gotten in as well as the true believers who are taking the good opportunities. However, those who are bearish on bitcoin are always the one who usually come back crying about how they missed the chance of their life. Anyone who cannot see this as a chance now is definitely not even supposed to be here.

You are painting it too well mate. In fact, the first rule of gambling is to always expect to lose; the second rule of gambling is to never forget the first rule. Just like you have said, people need to set their priorities straight before even starting to gamble.

They should know firsthand that gambling is not meant to be an investment, if they want that they can start a business, gambling is just meant to create some certain fun at the expense of your money. That is all! Some people only get lucky along the line, but they are usually few than the people who get burned.

There is no good gambler. Gambling is all about luck, but it is better to just assume that you may not get lucky than to be hoping you may still get lucky even after losing so much. Most times I feel that people expect just so much from gambling which is why they start having problems along the line. Two things are always possible, it is either you gamble and use your common sense or you do not use your common sense and you get gambled.

One thing is if you are trading, and you do not know what you are doing, or necessarily do not have a strategy, then you are gambling. Trading is a different ball game and you need to be able to make right decisions for yourself which you cannot if you do not learn.

A lot of people who call themselves trader always like joining a moving train, which is a bad thing. Buy when everyone has sold out with no one to sell anymore, and there is a chance from the indicators that an uptrend is about to start on any coin. A lot of you are busy looking for information and those giving them out are pump and dump scammers, which exactly what you have described is what they do.

All market comes with speculation, and as far as I am concerned, the only thing different here is that crypto market is an uncontrolled market which works pretty fine for me. In fact, that is the advantage here to make even more profit from the huge volatility in the long run if you know exactly what you are doing.

About the same principles of trading both in the stock market and crypto market applies anyway, just that a little bit of caution most especially with the movement of bitcoin is necessary which still balls down on your style of trading anyway.

Even bitcoin will not just start a bull momentum like that; there would be a consolidation period for bitcoin where all the altcoins may try to start having some pretty good bounce back by then. This is always a good time to make some profit on them before bitcoin starts any huge bull run as that sometimes affect alts too when traders are trying to cash in profit on bitcoin.

Simple, and the good thing is that when bitcoin starts a little bit of its rally, the alts too will bounce back for a while. So, selling now is not even a good option. Better to hold for the rally and sell for profit into BTC when they get back up. This is in the sense that the OP is a trader and will know when to sell and when to hold, when to get into BTC and when to chill.

And one thing with bitcoin is that whatever happens to it in a crazy way, will crazily affect all the market. However, the reds are almost out and very soon, we should start seeing some greens. This is a wide market correction as the case maybe and a long one that we have all been awaiting for a long time, so best to just load in now and wait for another ride to profit.

It is a bear market indeed. I am sure by now they should have been getting to the point where they are done with the market and there is just nothing to sell again. The bad news is mainly generated for the bears to take over. If you have noticed, when the bulls are about to start, after the institutions have loaded up, the media tends toward being positive on bitcoin and when they have sold out and want to get back in, they generate FUD.

Lol. Do not be tempted man. That coin has no support and community again. I am sure right now, even the devs have dumped theirs and just some few people who bought at the top and just hoping maybe one day, they will have someone to sell it to with at least a little profit until they just get fed up at the end.

Better to look for a nice project you can trust and put your money in it. Bitconnect is gone and anything that happens there now will just be a manipulation to lure the gullible ones and you won't want to be in such a position.

Forget about all the news you are hearing bro, just stick to the charts if you want to stay long. This is the best position to buy and if it goes down further it won’t last and the rush may be fast. Weak hands are dying out and what I am seeing now is traders seeing a chance to refuel and I would rather be on that lane than the lane of those who are still waiting for the best lows right now. Margins are good enough for me and even if it does not get even lower, I am still good with my stash right now.

Lol, he even said he is way underwater. He may be saying the truth and he may not. However, I do not think a reasonable person will buy at the top with credit and even if he actually did, he should have been able to understand by now that this is normal. However, the best answer would have been, since he is way underwater, he should just grow the courage to swim with the sharks. Who knows, he may be lucky enough not to get eaten.

That your last statement in fact caps it all. These are the same guys who have been in the wall street, so a new market like this with a lot emotional investors and traders is like a pretty gold platform for them to play on. They have been good at manipulations, they have the resources, they are psychologically sound and know how to input that knowledge on charts and they gladly do their thing until they are good enough like you said to buy back for long or until they see that the bears are worn out.

I like the way you said a lot of scared money. The powerful guys, the so called whales and institutions are always more in a position to drive the market. I am sure right now, they are with their popcorns, reading people's emotions on the chart, seeing if there are still some panic hands that are yet to give them some better profit and it baffles that a lot of people fall into their stupid trap anyway.

No one can give a factual statement when a bear will end until it ends, so we just have to wait, take some of our popcorns, and watch like the institutions.

Normally, there is nothing that has ever gone up that would not find a way to test back down, no matter how strong. This is a bear rally and we just have to deal with it and see it as a moment to buy more rather than panicking. This even gives more room for profit in the long run, knowing that one way or the other, no matter how long it takes, we are still definitely going to be back testing the previous ATHs. One thing for sure is that we will recover.

Keeping calm and having patience in the face of turbulent situations is always the best bet to be able to survive it. Crypto market is more like a stock market and you have to understand that there would always be a good and bad time for the market, but all the same, for the long term and for the fact that we are just starting the journey with a lot of benefits ahead, I would rather hold, face other things, than panic.

For a job that is paying pretty well, it is honestly not a good idea, as you can just combine long term trend following patter of trading and also making good profit from it, than just the usual short or day trading, while still keeping your job and earning a lot both ways. However, the OP understands why he must have made such decision, so we just hope he must have done the necessary level of thinking and sort for advice before making that decision.

Well, following signals could mean making use of indicators and not the usual telegram kind of signals. I would not even recommend anyone to trade based on just that if they have no idea how to trade the market themselves. Signal of such should just be of help to guide one into a coin with prospect of profit so as not to miss it, but one should be able to analyze the market themselves.

Lol. It is not everyone selling their ideas that are scamming the newbies. Moreover, a smart newbie should know one or two things about analysis, rather than just following every Tom, Dick and Harry on what to do to make trade profit. Better still, indicators are not hard to use, so learning them should not be something that is quite difficult for anyone.

Charts can tell you so many things bro and that is why they are there. Technical, fundamental, emotional readings are all there and it depends on you on how you really want to make the best of them in your trade. So, I would not say TA does not work. However, some so called traders who just hopped into the market, really do not have strategies and all they keep doing is to gamble, buy low, sell high and not even considering the fact that without analysis, they may be buying at a high price that institutions are ready to dump at any moment.

Yes you’re  right. There is no good reasons as of why we need any bitcoin bank.  What will even be the work of a bitcoin bank if any happens  to be introduced? They make no sense at all,  you have wallets that offers you all you need to use Bitcoin, including some of them that allows the use of debit cards. You can also store in offline wallets,  and can have your private keys,  which puts you in charge of your money.  So, banks for Bitcoin makes no sense.

We cannot expect such banks all over world in its beginning itself. So, there could be many significant inconveniences but over the time, things will change and will settle into better revolutions for sure.

Well,  that sounds positive, but first, I’d like to ask– are you from Switzerland? If you are not,  then why are you so excited about the news,  cause it has nothing to do with you. And know it, if Switzerland happens to adopt the use of crypto as a their real currency,  it wouldn’t be bitcoin,  they will create their own crypo that will be issued out by their banks, and it will need a lot of verification, cause its not going to be like bitcoin.

In near future, we are going to have more countries to create some new crypto also to adopt bitcoins. But after some time, all governments will come to realize the potential of having only one currency which will be bitcoins for sure. So, all the above if a country starts thinking about crypto must be a good sign toward bitcoin as a one single currency for entire Earth.