Because bitcoin is not an "investment". There are people out there who do work with bitcoin as well, the only people who buy bitcoin is not people who try to "get rich quick" from the ups and downs of the market. People are buying bitcoin for a lot more reasons than that. This causes bitcoin to be a currency like what it was suppose to be and not some sort of way to make fiat currency and live better.
It was suppose to be currency not commodity. I actually get paid in bitcoin for my work and never thought about bitcoin as something I can trade and profit from the price differences.

Well, it is good for you that you are gaining a huge position already but the thing about trading though is that you could have been gaining more, but of course, trading cannot be for everyone since you will need a lot of learning and experience to be able to get the best from it.
I have been in the two scenarios and I have been able to use trading to even increase my position a lot better than just holding through for years while still making a lot of profit all the way in the middle of it all. Even, I have been familiar with both of these two, I always do suggest to go only with holding as day-trading is suitable ONLY for experienced traders.

I definitely would, I mean there is no reason why to keep your coins when there is a bull. Sell your coins during the bull rush (the higher the better of course) and when the bear market comes around wait until it goes down and buy some, if it goes even further down you buy some more, if it goes even further down you buy more until you have no more money repeat this.
Also same on going up, on bull market you sell some of your coins and if it goes further than you sell some more and repeat.

I do really feel jelaous towards players like this. He did hit something I would never be lucky enough to hit. Great job being so patient and playing over and over again waiting for it He didn't put up many bitcoins neither, he only gambled for 0.00008 which is basically 65 cents or so in today's market which is not much to gamble with so I understand where he is coming from but he won like 6500 dollars or so in return, he definitely lost some coins until he won but I am sure it wasn't nothing close to 65000 dollars at all.

Always diverisfy your portfolio. Never put all of your eggs in one basket. If you invest make sure most of you coins are really well researched and you know every single detail about the coin you are about to buy. If you do your research in put your money equally on 25 different coins than you are going to be fine. You need to just do your study on the coins and if even one or two of the coins goes belly up than you still have 20+ other coins to cover for you.

Well, it may be a bit hard due to the way gambling affect people's mentality or based on the mentality they actually brought into gambling themselves, but it all depends on each person's attribute and how they are able to control themselves and most especially discard any greed mentalities.
A good gambler would always know what to do at every point in time without any form of emotions or thereabout or expecting so much from gambling. At the same time, when a gambler turns for searching fun then he turns as a good gambler with no string attached.

I would totally sell all my coins if they reach all time high prices. If it does not reach to all time high prices than I would probably hold them even if we are in a bull market. Bull is only showing is its going up but it is not showing how much it can reach. So for example I will not sell my bitcoins until they are 20k+ or at least if I need them. If I need the money than I will sell it before but if not I will wait until 25k or so levels.
I guess many people here will not agree with me on selling at new ATH as they would be expecting some big levels like $40k or $50k. I guess for those levels, we must wait for years hence selling at known peaks must be a good option in my opinion.

Bear markets are always the same, and the possibility of seeing the same scenario playing out is there, which if we look at the charts look somehow alike anyway. Sure, a lot of people expect some movement back up in coming year, but how low this bear market is going to get is something we will just have to wait for since no one can know until it comes. A lot of things have changed though from 2014 till date, so everything is still based on speculations.
Unlike 2014, we are most probably going to have bitcoin etf in 2018 which is the most anticipated thing to happen in cryto world and it will take bitcoin to new ATH for sure.

Yes.  Like you said, the problem of the world is caused by the world itself and the humans living with it. Some things may change in the way we have been doing things, would help to bring some development to how people live their lives but does not mean some governments will not stop their corrupt activities, or everyone will just jump from being poor to being extremely wealthy overnight.
In most of the third developed world and underdeveloped countries, corruption led them to where they are today, so what makes it different even when the blockchain technology kicks in?

They all must be right. There is absolutely no one that does not want to have enough money to be investing into the downward trend of the market as it is right now. We all expect a lot from bitcoin in the future which I believe there is no way anyone who is smart will not know there is a lot of room for a huge growth in the long term based on bitcoin hitting the mainstream with a high level of usage as a currency and adoption at a huge rate.
This is what we are all looking to see happen, and so far, investing more now at this point in time with the market dip is one thing no one should be missing.

Everything about gambling comes with them mindset and sometimes even when some people get the right mindset from the beginning, they start drifting gradually like you said during times when things start getting a lot interesting with winnings, easily get carried away and then that is how it all starts.
It is more like the platform deliberately trying to play with your mind and let you settle in and then strike.  While gambling, people do not mind about the best practices and even look for short cuts to make more money. A best practice should not focus on making more money, it also must be a honest way.

Going with other people should not be a factor of how much he gets addicted or not but on how much he is able to caution himself relative to gambling and addiction. In my view, we should not compare ourselves with other gambler for anything. It could be for winning or losses or even for how frequent going for gambling.
Reading a lot of addiction stories here has made me to understand that what makes a lot of people addicted is just simply because they expect so much and by the time reality kicks in, they are trying to recover until they end up losing their mind to gambling and the whole problem starts.

Everyone seems to believe bitcoin will be outdated someday by something but I highly doubt that. Bitcoin has the first mover advantage and it is way beyond the point of possibility. It may be passed daily sometimes but it will always be the biggest one. Do I think eth may pass bitcoin ? No way.
Do I think there will be a coin that will rival bitcoin closer than what ETH is doing right now ? Yes. But in any case bitcoin will be the top dog and everything else will just follow.

I do not even see any point why he will be regretting not selling at the top when he does not have trading knowledge and should have known better how volatile the market can be.
A lot of people sold and they regretted it, so at any point, anyone who is trying to play the market without strategy or knowledge will just be busy gambling their positions and unless they get lucky, they will keep getting worse. Best thing is to relax and buy additional when the market is real in an oversold state as that is what smart investors do.

And that is one definition that goes against the banking section for a very long term now at the detriment of those they should really be serving but because of greed and some sort, they have decided to manipulate every single aspect of the fiat space to their own advantage and the advantage of just very few while the masses take the hit for their bullshit.
Enough is enough and this is why the blockchain technology is going to bring a huge solution and who does not want solutions?

Yes, even with that moderation, it should be played without expecting anything in return and anyone who simply cannot do with that, should simply not gamble at all.
The thing with gambling and gamblers is that they always expect that gambling is really going to be giving them a lot and then forgetting the part where it can actually take a lot away from them but rather decided to get engrossed in the winning part until the idea of moderation, reasoning and realism becomes a hard thing to achieve for them.

 I think the two biggest ones stays. One is provably fair so you know that casino doesn't screw you but second one is pace.
You can go to a casino and gamble all day as much as you want  but in the end its slow. In bitcoin casinos like dice websites there is "automatic betting" option which can bet 1000 times in like couple minutes. That pace is your enemy because the more you play the closer you get to the house edge however it is also more games played for you compared to real casinos.

I am not sure if that "less than 1 Chinese out of 1000 have crypto" a true information but if that is the case and if we can see a surge in Chinese users booming like back in the day for USA, than we can see another ATH from bitcoin.
Chinese are very important part of business world and if they can use bitcoin or any other crypto currency than that means we will see a lot more people wanting to buy bitcoin than number of people who are willing to sell which means price will go up very quickly.

Must be greed act. That cannot be overstated as this is the central piece on how so many people in this world lose a lot of money, join FOMO, expecting the moon to come overnight so as to get richer and so on. In any form of business, this is something that can easily make it collapse and like you said, it keeps driving your instinct to just keep making the wrong decisions.
If this can be out of the picture, and any investor has some pretty good knowledge to do well in the market, which would be it.


Yeah, I wonder where people actually got the notion from that stock market cannot be risky. Every market is volatile and the fact that you are trader trying to do your thing is simply because you know what you are doing and you are equipped with all the knowledge you need.
Sure, it is a huge market and we cannot expect the same volatility we see in cryptocurrency market, but they are all still volatile anyway and whoever is trading the stock market without knowledge is no different from trading cryptocurrency without knowledge, since the same fate will still be met.