As long as you even know that whatever you are holding is not a shit coin and a good project, and you are actually looking forward to the long term gains, then honestly, there is really no problem at all holding. For example, I remember when I started in the crypto space, I ended up selling some coins at losses and eventually discovered later on that these coins shot higher and their recent value at lows is what I would have loved to even sell them at highs in the past.

You won’t even need a soothsayer to tell you that anyone asking you for your private key is fraudulent. Moreover, which sane ICO will even want to quickly give up their mission in such case when obviously people are not that gullible to fall for such crap ? That is even the last thing anyone should be looking for in terms of ICO level, as there are other major factors which are realistic like the team, the project and their plans for the future, but the team most especially.

Yes, we already know that. However, ask most of the people who are getting hacked their password, either they make use of 2FA; whether they utilize every option available to secure their funds and whether they check every link they click before clicking them. We are the ones sometimes who really end up making a huge mistake while blaming everyone and even blockchain technology for losing funds as I have seen people like that before. At this day and age, how can someone still be using abcd1234 as password?

Really ? If this is all it is about trading, oh my!Oh my!! We are all done for. Come on bro! In fact, I had to read over and over to even get you. Bitcoin trading is not just the usual ‘buy and sell’ market bro.

It is not buying sneakers at a particular price and selling to customers at a higher price and even though that is the basic reality of market that also applies to bitcoin, there is just so much to bitcoin than just buying and selling. Also, all the scenarios you have played out in trading does not even have any meaning; neither does it have anything to do with what is being said.

One important thing I want to state which most people are getting wrong is that you build knowledge first before you start building experience when it comes to trading or any profession.

Hopefully, this is the scenario that ends up playing out. It is just funny nonetheless; that we assume a lot and that is what ends up causing panic and FUD in the market. We all want a recovery, we should let it come, let's be sure we have it and let's see how the market reverses from that point. I am optimistic we may end up having a reversal as that would be good, but I am still very careful not to expect just too much. Just my own personal opinion.

Maybe you misunderstood the OP. I am sure he was not referring to Mt.Gox even that was what happened but he is referring to the fact that those who took the opportunity to see the crash as a way to buy in more which obviously is usually what the whales do, are the ones riding the Lambo now. The market always end up recovering and only the smart ones know exactly when it is time to get in.

It is the way it is with the market. One thing I am sure of right now is that bitcoin has gotten to a stage where even the whales know that a lot is coming for bitcoin and rather decided to shed off some weight by removing the weak hands while the real believers who are smart enough to stay in and buy in more end up reaping the benefit. Last year was nothing compared to what I expect this year and I hope I do not end up wrong.

First, why on earth will he be making a trade on an exchange and looking at the value somewhere else to make a trade. If he wants to trade, why not just move the funds to a proper exchange and start trading there. Also, why would he even want to trade without any knowledge about trading ? Patience is not the problem here; he needs to know exactly what he wants to do. Is he holding for long term or does he want to trade. If he is holding for long term, he has no business shorting, and if he wants to trade, I believe by now, he knows he really has a lot to learn.

By regular, I can assume that you are referring to professional traders. Well, in a way you are right. It is not like having aspiring traders, those who are ready to learn and those who see trading as gamble, is a bad thing. At the end, those who just gamble their way into trading will learn those lessons eventually or get thrown away.

Still, based on your point, the pro traders coming in will be able to trade without the crazy level of volatility which at times, is caused by panicking traders. In the long run of it, more traders mean more growth and that is what we have always wanted anyway.

Okay, what you have said now is that ICOs are good and we should always have patience, thereby forgetting the fact that if you are to invest in any ICO at all, you have to be wise about it. There is no way you won’t get burned if you just see any ICO, think it looks good and just hop in. You have to do some research, some serious diggings and scrutiny before you can even think of going ahead to invest.

There is no minimum. Invest anything that you have and do a proper research before just investing into anything. If you are not sure of the coin to invest in, just choose bitcoin and hold. While holding bitcoin, try as much as possible to learn on this forum. You will get a lot of information; get to know about cryptocurrency at large and some other coins, which would help your further decisions.

Litecoin has great potentials, but the OP really overdid it calling it the king. The Litepay is actually good news for it and I am sure that would give it a huge boost for real life usage. Also, this dip is actually just a perfect time to be buying this coin, as I am sure in the next few days when the rally starts, LTC should be joining quickly in the rally.

Nevertheless, this does not mean that bitcoin protocol will not be upgraded and we will see developments like this easily, which will always give bitcoin that edge.

They even tried pumping a little bit after the incident happened and their own community just dumped pretty hard on them. This is a dead project, it was obvious from the start, but some people just won't listen. Whoever is holding now should better not just bother if there would be a comeback for it or not, as it is going to be joining the list of the coins in the coinmarketcap lower chain with no one to buy it, so better to sell now for a good project with great community.

There cannot be over-consumption. First, you should understand one thing that bitcoin is limited in supply. Secondly, real life usage will issue in more demand for the currency as people only do not see it only as an asset or speculative one, but something that is always going to be needed and used without having to convert to fiat and transaction between anyone anywhere in the world is going to always happen with the speed of light.

Adoption would have been a little bit of years back, but for now we are a little bit past that but not very far from it. So far, we are already growing, so I will assume that is the stage we are. With the number of altcoins popping up every day and the number that is already on ground doing well, we have gotten past the adoption stage generally for cryptocurrency or just a little bit between the adoption and growth stage.

Remitano is a P2P escrow exchange and not in every country, so for different type of coins, why will he go through remitano ?
His best bet is to both go to coinmarketcap and do his proper findings from the first top 100 coins and start from there.

On coinmarketcap, the exchanges where those coins are available are also listed but he can limit his search to Poloniex, bittrex and binance, and then buy those coins there. However, it is not reasonable leaving them on an exchange, so he may want to find a good cold storage for them.

Well, it is a big IF. What we should be asking ourselves anyway is that, what would make bitcoin go that would actually not affect the other coins in the market ? Okay, maybe someone may start saying ETH will take over and lead the trend.

Ordinarily, bitcoin is having a dip and the whole market getting dragged down is already a clear indication of what would happen to the market if anything happens to bitcoin. More like what will happen to a country if the head is killed. Most traders know what this would cause and would find ways to move into fiat immediately, hence cause a crypto disaster.

With that volume that I saw yesterday, I would not even miss it for the world. I have always had this notion of thinking like the whales.

They sell high, buy low and most times, it is always good for you when you are buying exactly when they are buying. However, that aside, the market is looking good for now, we have a lot of resistance ahead of us to go test though, so let's see how that will play out, but for now and with the value that I have gotten in, I am just good to go.

In fact, signals only will only mess up a trader before they even know it. Yes, there are sometimes that signals can be of help and lucky if they work. But being an emotionally driven market, one have to include some of those analyses into one's decision before making them. Better to analyze that particular market, know what is presently going on with it, combine that with indicators for signals and then make decisions.

I trade as well on Luno exchange among the regular ones such as bittrex and co. The good thing about Luno is that I trade against my own real fiat which has been awesome anyway. For analysis purpose, it does not have a good platform for that, so I use trade view or the other exchanges for my BTC analysis and then make trade decisions based on that.

Yeah, some times when you make a mistake in life, you need to sit back, and have a pretty level of thinking about your life and how you have messed it all up and what you can do to make some corrections.

Everything can mess up, even bitcoin just did with the FOMO rush and corrected itself (just using that as an analogy), so no one is beyond correction in real life, but the decision falls in each individual's hand. Plan, see how you can make things right, do not get too greedy and be smart. By the way, buying bitcoin now when it is in correction is a good way to start but please do not go all in as that is part of greed.

Do you know the funniest part ? Even pro traders keep learning all the time. Sometimes, they learn from experience, most times, they try to make some studies to see what they can get to know from others to do it better next time.

You can never finish learning trading in just one single day, so it is always good to take your time to learn first and I like the fact that you told him it is a lot to learn, but for someone who is ready to do some research online for articles, can quickly grasp things, they can start doing well in no time.

Nowadays ? It has always been and it will always be.
Check out the same scenario that happened last year with the China ban on cryptocurrency that went round, before some people got to know after panicking and dumping that it was a suspension on ICOs until further notice.

Yes, these are just ways to play with the market and the emotion of traders. Some usually fall for it, panic and dump, while some who already know their pranks take it as nothing, which exactly means nothing.