Really nice way to go about it for someone who is really ready to do so anyway. Banning oneself from casinos is actually one easy way to go about it but a very tough decision to make at the same time. However, this was the same thing that happened to a cousin of mine as well. The thing is after losing most times, there will always be this sober state for most of the gamblers, and this is the best time to always make some concrete decisions to be able to get out of it and decisions like this is one of them.

Not a good thing at all. I can imagine what that would be like for most of the people in his shoes. No one is perfect, but I believe that when it is becoming a problem to stay out of gambling for a very long time, and being frequent in the shortest possible amount of time, then, there is a huge fire on the mountain which could spread like a wildfire.

It is important to always see gambling as an occasional activity with a lot of gap than seeing it as a frequent one to be able to stay good.

I really want to believe that the regulation is really not helping and until we started seeing some lenient regulations in most of the place before we may start seeing some possibilities of FUD being reduced in a way. Apart from that, we had a huge rally last year and we all knew that was just a FOMO rise and not some pretty real demand. To me, this is the aftermath of it which is something to expect anyway in cases like this. The value I believe may still even fall more than this but the long term anyway is still great.

Do not be too much in a haste. When the time comes we will all get to see if there would be a huge pump or not but for now, it is best to just relax and get to see how events will end up unfolding. Bitcoin will definitely explode but we are not ready to give it enough time for doing so. That is the actual problem with all of us.

I am not a fan of assuming what the future holds anyway since we cannot read it, and thinking about some possibilities when we are in a downtrend is more like dreaming too much and expecting the best in a worse condition in the short term. At least, let's get out of it first.

Right, most of these large financial investors really still see the market as a highly tampered market and unregulated which makes it easy for anyone to just decide to drive the price the way they wants through manipulations.

Yes, we cannot expect this to go on forever, and I am sure the institutions are looking for the right time to set in and at least have a good position in the market as time goes on. It will really tell well on not just the prices but also on the volatility rate of bitcoin which I believe is going to reduce a whole lot.

Irrespective of the legality which is something that would be in place in the long run anyway with governments all over the world coming with their own regulations one way or the other but we cannot expect the government of each country to start adapting bitcoin fully as a currency in replacement of their own centralized form of currency or simply put government replacing centralization with decentralization, I don't see this happening in anyway.

Bitcoin is all set to impact the economy of every country. Because when more people from one country start adopting it, it will give consequences in fiat circulation as people may start exchanging bitcoins within them for goods and services. Future of any country's economy will be decided by bitcoin for sure.

We have seen the display of human stupidity generally in this market so many times and as much as we hate it, there is nothing we can do since it is a decentralized and unregulated market.

Well, unregulated at least for now. We know greed is the center of human nature and some are just so much stupid to the level that they are never pleased with what they have and would want every form of manipulation to get more which I believe is a lot of things we have noticed in this market already.

Words are changing gradually and they call themselves an expert, lol. No sane expert will be predicting the future of a market as this because there is just nothing to predict. The market can change in situation at any time and the best thing is to just follow it through by monitoring the trend. The market looks like it is set to go down more as it is now and based on how low it gets will determine how hard it is to get back to the previous ATH before the end of the year.

Funny enough, he was not even begging but the topic is probably  a little bit confusing. I must say he is in a pretty dip shit however, as the market is red, he is in huge loss I guess since his investment must be in red and now being pushed to want to withdraw what he has. The decision is only for him to take as no one can actually help with that.

If what he wants to use it for is something that just needs to be done urgently and no other means to achieve that, then he sure does not have any choice. We must understand that trading is not a quick way of making money but definitely a better way for making huge amount of money. If anyone who is unable to distinguish difference between these two then trading is not a suitable one for him.

Bad thing for him that we are not even in a bullish market until further notice, and he is even finding a way to quickly make that happen and that would send in so much emotion eventually for him. If he can buy into some of the coins or tokens in their dip now, it would be a good chance but he should better be very careful as this is a volatile market and he should be patient enough for it and not be in a rush to make quick money as crypto market is not built for that unless he just gets lucky.

Modern age does not mean the banks themselves will not evolve as I believe eventually they will explore the opportunities surrounding blockchain and that would make it easy for them to also blend in a way and that brings about the possibility that digital currency may actually be taking over paper currency in the long run but that would take some time. No one should mistake this however with the idea of crypto eradicating the banks, because that is not going to happen.

Well, it seems you did not even understand the question here before commenting. We all know the price is volatile and since it is a decentralized market, there is simply nothing we can do about it. However, it should be understood that huge spikes is never good for anyone as it brings a lot of emotion into the market and before you know it, it may actually get tagged as more of a P&D market.

We need real growth, we need development and in a very swift and good way, and all these huge spikes are distractions which makes steady growth to be far better. I guess no sensible bitcoiner will be preferring spikes and OP is just mentioning it here for debate purposes alone.

Honestly, it is actually becoming worrisome as it would get to a point where bitcoin will only become more of a speculative asset with the way the price is being manipulated either in spikes or downward trend, which would make it hard for anyone to even end up believing or coming to terms with the real life usage as a currency eventually and to me that does not make any sense as that real life usage will always help sustain its value in a way, otherwise we will just keep having a pump and dump market in our hands.

Who are the people that you think use those FUDs to their advantage and could even be the source of that news at times ? The whales or will I say the market manipulators. The essence is to drive the market to their advantage. They have all it takes to do that, they have the capital to buy in at the moment they want, they know as long as the market move in the direction they want, it makes a lot of sense for them and so far that we have a lot of weak hands in the market and a decentralized unregulated market, it makes it so easy for them.

You have said it all. This is one main reason why fundamental analysis is not even working in the market as you get to see the price not even going in direction with the whole news going on in the market and then you kept wondering who are those selling with all these positive vibe and news that is supposed to create a huge market upward movement, and this simply is just the best explanation for it.

I really hope good news usually have that much of an impact on btc price as everything is manipulated anyway, so in a way, fundamentals just do not work that much as well as TA and all you have to do is to find a way to play safe in the market. As it is, the market simply tends toward negative speculations than anything positive and if you look at the media, they simply do not even help out in any case as all they are just after is being carriers of bad news.

173 days is actually nothing, but who cares anyway, bitcoin is still going to be having the up and down fluctuations even in between the longer time frame down trend, and that is enough. Also, at least we will end up having some sanity for a while before we start seeing more days of huge green and that as well is something to be happy for. How many days it is going to take before we start experiencing new highs is something we cannot know but at least time will tell. I am still seeing the possibilities to have new high within this year. It means those 173 may not count up to 365.

Sometimes though, the worth may end up far more than when you are leaving and that can leave you in an emotional state. I would say the best way to know how to leave the market is to learn how to trade.

You cannot get it better than that and that would help you to find a strategy, know how to read indicators to your benefit, combine it with some technical analysis, use price action to depict what could be the next possible movement in a market. Without that, you are just going to be gambling your position.

Those are exchange platforms and not mobile apps. You will need to be registered on any of them first to be able to trade cryptocurrency and I hope your friends know how to trade, because these are some of the things that are online that I expect anyone to have been at least familiar with before going ahead to start trading cryptocurrency in the first place as it entails a lot.

After registering on an exchange, I would consider using applications like tab trader if you are looking for a good mobile app and then make use of your API to trade on any of the exchanges like bittrex or binance. I really do not always fancy using the mobile app of the exchanges directly anyway for the purpose of doing analysis.

Yes, IQ is totally based on general intelligence and trading is a profession on its own which would need to be studied to get better at. The same way not all persons with a high IQ will do very well in medicine or being a lawyer or other profession is the same way not everyone with high IQ will do well in trading.

Every profession comes with the zeal to want to learn, the attributes you have that somehow would work well with that profession, and IQ is just a measure of intelligence like you said, and not a guarantee that you would succeed in everything.

The best time to take trading profit totally depends on your own strategy and when you feel it is a good enough time for you to take profit. The thing with taking of profit is that you cannot always have it 100% and the market will always be one step ahead which makes it impossible to time the market. However, with the use of indicators and TA, one can at least have a strategy to stick with so as to be able to make the best of the market as the case may be.