The essence of a coin with a future is to guide against ending up with some shitcoins, that may never wake up from their sick bed, once they're down, because they don't have what to attract good enough market demand. The ones that do, will always bounce back after some time.

You observed well. Almost all altcoins have come under heat as Bitcoin keeps soaring higher. That has much to do with the November 16th Segwit2x hard fork as most traders and investors are liquidating  their altcoins for Bitcoin, in order to cash in on the proposed "free coins,"  which is essentially free money going by the experience from Bitcoin cash.

By and large, the situation have in turn presented us with the opportunity of mopping up altcoins at very cheap rates and I feel strong now is time to make more money.

What precisely is right with: having no ideas what tokens & ICOs are and not knowing much about the company behind the ICO, yet going along to buy 1000 tokens? When your style is to leap before you start to look, you would be extremely lucky not to break your limbs sooner than later. Only respite I see in the entire scheme, is that the cost of the tokens, $65 is something he could afford to lose!

What other choice do they have? Their gambit to rock the boat of Bitcoin is such a huge disappointment, Bitcoin is going for more than $7500 as at press time compared to the below $5000 rate before the clampdown. Hope they've leant that power truly belongs to the people?

Now they're going to have to contend with Japan and South Korea for the Asian market, stopping the wheel of motion of Bitcoin in China, is something they ought not have gone ahead to do, at any rate, Bitcoin is the winner and that's the most interesting part!

That's no surprise and the only reason they're still around is the gullibility and desperation of newbies. First and foremost it should be obvious that money does not grow on trees, so when someone claims to generate Bitcoin, the question that should come to mind is "from where and how?" If they could so easily generate say 1BTC, why would they prefer to give it away for a processing fee that's obviously going to be far less? That's a red flag as no one in life ever does that because there're no free lunch anywhere!

Yes the increased demand for Bitcoin is a major factor why the price of Bitcoin keeps rallying higher. The present demand and spike is coming as a result of the almost 'risk free money" Segwit2x stands to offer. Evidently the altcoins, in their numbers are down, because people're having to sell them off to buy Bitcoin as the more Bitcoin one have just before the fork, means same amount of free B2X to receive. I however see a correction in price soon after the hard fork, though couple of good news around Bitcoin lately looks good to keep the correction as mild as possible.

That's the way I see it too, but it is worrisome that most newbies think it's going to be a non-stop flight to the moon., but no market works that way. As a matter of fact, there's going to be a number of market corrections along the way and whether that turns out "a normal occurrence" or "a disaster," depends on a trader's outlook. It needs to be understood that one thing that sets profitable traders apart from other traders caught in the trade-rat-race is their detachment from sentiments towards any asset they trade.

Without any doubt, Bitcoin have over the years proven to be the best pick of the pack because of its ever increasing market demand, but for the purposes of diversification, ETH is the next coin that readily comes to mind because it also has a collection of other coins and tokens depending on it for existence and as such, they would be contributing to the generation of market demand for ETH, which is exactly what drives price up.

Presently the price of ETH have gone way down and the looming Bitcoin Segwit2x hard fork has much to do with it. Suffice to say, ETH is a good buy at the moment as it won't be staying down for long.

Yes a good number of traders struggle to get by, but that says nothing about trading being a wild goose chase. Aside from human emotions like greedy being difficult to handle, there are a thousand and one factors impacting on the market price, making it near impossible to accurately predict the market most of the time. Nevertheless there also abounds traders, who have fully paid their dues and now making loads of money from the market. It's like with every endeavor of life - time, perseverance, consistency, discipline and focus will always make a difference!

I don't think that the halving of Bitcoin reward have had much to do with the huge increase in the price of Bitcoin as it was merely a scheme to check inflation in the ecosystem. The main contributors to Bitcoin unprecedented heights are its decentralized nature, assumed anonymity though it's rather pseudonymous and then security.

Much better to start off your trading day by first checking the news for latest developments, because nothing moves the market like the fundamentals, technical analysis merely works within the boundaries so set by the fundamentals. In the event that  a high impacting news is in view, it's always safer to wait and see! In the absent of any major news, then a look at the charts to ascertain if the market is already overbought or oversold and then looking for good entry point. Tools like pivot points, Rsi, Bollinger Bands, Stochastic,etc can be of immense  help.

When you stay glued to your trading platform, you will most likely end up over-trading and taking up positions you ordinarily won't have taken. Mistakes become inevitable because of fatigue and inability to differentiate between real market signals and noise. A way out, is to always have at least a daily trading plan, drawn from one's market studies and analysis and sticking to them religiously.

A bit of caution is needed there!

Hard forks so far have turned out to be goldmine because of the airdrops/bonuses the new coins have supported, but might not always be so. After the Bitcoin gold split, price of Bitcoin was supposed to drop in principle, but because the Segwit2x - B2X, is a more significant hard fork than BTG, most traders and investors refused to sell their Bitcoins, which explains why the prices of altcoins are still down and Bitcoin making new ATH. However a change in the status is imminent soon after the hard fork and the bonus secured.

Looking at how low major altcoins like ETH, LTC, XMR, etc have fallen, I suggest to anyone having some deposits in bank and wants to end the year in style, to quickly withdraw them and start buying altcoins, while still hodling their Bitcoin!

Emotions are difficult to control mid-stream, but if everything was laid down on the table before the trades were made, it would have been relatively easier to manage. Now that you're neck deep in loss, it is already too late to consider a stop loss, because the price might pick up soon after you threw in the towel.

By the way, which altcoins did you commit your money to? If it's the more stable ones like ETH, LTC, XMR, DASH, NEO and a few others, I would suggest you maintain you hodl and even raise money to buy more at current rate. The altcoin market is for now paying homage to their king - Bitcoin, over its hard fork slated for November 16th, subsequently the price of altcoins, especially the top ones are sure to pick up, unless you had bought shitcoins, Don't regret taking the huge loss, keep buying a little bit more of the altcoins should they drop further and remain positive, reversal is near!

A word is certainly enough for the wise and all the reasons why almost all governments wanted Bitcoin out of the way, can be found in op and when you hear some bank executives and some people in government calling Bitcoin names, you now know that it's their conscience pricking them or simply scared of people are coming to know they've been in bondage all the while.

Bitcoin is freedom in every ramification and the most interesting part is that its decentralized nature is a technical knock out to the authorities, who ordinarily would have nailed its coffin long ago.

Well there's absolutely nothing the matter with the monetary gains being one's point of attraction to Bitcoin, someone has to be attracted by something anyway and on getting to know more about Bitcoin, might equally take to other attributes.

There you got it wrong by over generalizing that money is everything! As at 2013, the monetary reward from Bitcoin wasn't half as obvious or possible as it is today and most adopters then were looking for convenience and freedom without compromising security and no known financial system had that to offer until Bitcoin showed up. I was here first for the ideology and technology, but now also for the money!

I also think that way, the present rally is not done yet and we would likely breach the $7000 price level before November 16th, then a correction is likely to follow before another round of rallying sets in.

I don't agree with that, each one of those hard forks were calculated to dampen, if not frustrate and sideline Bitcoin, but the faith on Bitcoin by its community across the globe, turned out such an unparalleled force much to their disappointments. At the rate the demand for Bitcoin is burgeoning, the moon landing is now only a matter of time!

You're obviously saying one cannot be saving Bitcoin on an empty stomach or deep in debts, because one have to stay alive in the first place, to stand a chance of enjoying tomorrow. I also think so and taking care of one's basic needs, even it means regularly selling your Bitcoin is not unreasonable, it would however become unreasonable and a waste of precious time and resources if they get spent on things we do not really need.

Ban or no ban, you do not necessarily have to leave your country for another that's Bitcoin friendly, to be able to spend your coins, unless you really want to. Be that as it may, many countries have been sitting on the fence, observing Bitcoin and the realization that Bitcoin cannot be banned in principle is fast holding ground and going forward, we're going to see the governments of most countries legalizing Bitcoin than banning it as that stands to serve their interests better!

Presently at Coindesk, the $6600 price level have been breached and before the Segwit2x date - 16/11/2017, the $7000 price level is most likely to be tested! What to make of it all, is that the price of Bitcoin still has plenty room on top, but the higher it climbs, it becomes relatively expensive especially for those without deep pockets.

I will suggest to buy only to those who can afford to withstand the drawdown that would follow after this phase of bullish pressure is faded. Other than that, it is preferable to look for ways to earn Bitcoin and there are a number of ways.