There's some truth in the comment left by @tyz but I also understand why you'd be asking this type of question. For some it is never too late to make money, until it is. Despite the market being a little more volatile than a few weeks ago there are gains to be made.

ZEC, DASH, ETC and the rest mentioned are not candidates I'd think could do 10x but other like POLS or DAO Maker as well as DDIM because they're still relatively new (and low market cap) could still do that >10x miracle.
Ultimately, it is your choice - so remember to choose wisely.

Well, I think it really depends on where you're coming from. If you have been in it for years then waiting fro the dump is not something you want to do as you'll want to maximise profits. If worse comes to worst, when it dips you can buy in if you think you can hold out the dip.

Though just waiting for dips to buy may also not be the best as it may never reach that level you're prepared to buy. So it is not as straight forward as others think - there's a risk at every stage whether you're in the market or not.

That's a good analogy to how the commoner feels about Bitcoin and crypto in general.

To them is so dangerous (because they think it is a scam and you'll only lose your money) that they don't even bother educating themselves about it. These people are just too ignorant and making up excuses for themselves, something that needs to change...

I take you up on that @mk4. True diversification is across the financial field not just the crypto space. I do disagree though that this doesn't mean you cant diversify in crypto, sure you can - just by looking at alts that are not completely dead with a fake community. Going for the next 20 alts would be a nice diversified portfolio or at least some diversification 

Here's another one again to excite your week ahead!

Play with us on 3rd and 4th March and wager 0.5 $BTC to win 3 mBTC (wager 1.5 BTC and win 8 mBTC if you're a VIP).

Place your bets, and then claim your prize here.

Yup, the coin does indeed dictate whether you should HODL for the long term or not. BTC is all about long term investment, if today is down then you buy and HODL. This is what it has always been about. Of course, this only applies to those that can afford to hold through the dips.

As per the comments above, shorting can be done- that's for sure - but you might find yourself that it is not working as well as you thought. BTC dumps are now minimized and you can never know which way/or how high it will go. Can potentially do it but like with everything else crypto related can be risky. So if you can manage that risk, give it a shot...

I agree, there aren't 'safer' casinos to invest in but doing due diligence can help. This is why track-record and reading reviews would give you a better idea of which places might enable you to minimize your risk. I too stand by Bitvest.io - it has been around long enough to know that you won't get scammed.

I agree, risk management is always there but there are ways to manage and/or minimise it. Having what I call 'an exit strategy' is crucial to avoiding pitfall which often happen as a result of market volatility.

Even if you don't have these exit strategies in place yet you will soon come to realise how much loss you can avoid by having them. Ultimately, I find that you need to experience it for yourself before you become serious about implementing the exit strategies talked about by @taufik123.

Given the benefits you get with BFG it is not worth selling unless you decide to give your gambling a rest. With time, more people will get on board with holding these tokens, driving its price up, but in the meantime you can take advantage of the dividends. Not bad, considering the future gain prospectus.

I totally agree that the way in which this can go very much depends on what the people already believe. Those that have never understood BTC and the crypto market entirely would be in favour not realising the potential downsides of banning BTC could bring. On the other side, those that already got a taste of crypto market might feel left out.

In my opinion, this is a two-sided coin situation, one that needs to be handled delicately not just for the present but mainly for the financial future and economic growth of the country. We all have seen how crypto based innovations for every traditional market keep on popping up daily. It would be a pity to miss out on those innovations.

I agree, the FUD around the market collapsing has caused many to liquidate all their holdings. With BTC clearing off 50.5K nicely would like improve people's sentiments and because of FOMO this might be the catalyst for another pump. Of course, this speculation does not include institutional behaviour but it is something to consider also.

There's some relevance in here I agree with and can advise on. Going in with a long-term strategy in mind would enable you to stay out of the scam coins and go for the top 10 cryptos. Of course, the potential gain might be lower than any other lower market cap coin but it is arguably a more safer way to invest into crypto without getting absolutely ruined.

This is a good analogy and if I may add that you will be jumping into a fight where you don't even know the adversary and their tricks 

The point is that trading without knowledge is dangerous, and it is an invitation to losing your money FAST. If anyone is planning on doing this, then maybe start with an insignificant amount that you don't care about losing but getting the feel of the market.

I'm not sure that would qualify as decentralised anymore! Blockchain's purpose is to reduce centralization.

However, if governments were to built their own blockchain I'd imagine this to have a positive impact on the crypto space, but whether the long-term success of this is attainable, for me at least is questionable.

Governments would not invest into something if they can't create value out of it, so I don't seem them providing crypto for cheaper than any other provider - this would be possible through their tokens- but then that would defeat the entire purpose of value generation.

These are a few of my thoughts on the subject atm. I'm sure you lot have similar if not completely different opinions.

What I think is common to most of us, is that this government blockchain won't happen anytime soon 

Here's another great start of the week here, at Crypto.games.



For full details, check out this thread.

If you want to buy any crypto, now it is the time to do so. As by the philisophy of all wealthy investors 'buy when everrybody else sells', so if you're serious about investing you now have an opportune time to do so. BTC being down means that all alts are down from their ATH giving you a great buying opportunity. But please never forget that no investment is 100% safe.

It is useless to tie BTC donwtrend to certain times i.e. today and yesterday' as I'm sure the dump will be cyclical for a while before we see any real and strong recovery. This downward trend may continue for weeks to come, all we can do in return is stay strong and hold.

BTC will see better days for sure!!!

I agree the hype must be there in order for money to be pouring into the market, but as BTC goes under 45k peoples' sentiment takes yet another blow. As it stands the bearish market seems to become the regular market, not so much an immediate future of bullish

The high fees are incredibly frustrating, not only that to get a coin you have to enter into gas-war (and possibly lose the fee with no token) but makes any transactions almost not worth while.

With average fees around 50-100$  makes Uniswap usage and just sending coins across the blockchain accessible to the rich. This is a grave problem, and Ethereum v2.0 needs fixing up (and fast).