There are too many people who think that their investment is the one that will be the hidden gem, you could find 1000 different people who will shill 1000 different coins or tokens that will be the hidden gem that's going to be their thing.

We all know that it's not going to be like that and we are going to end up with something that is going to end up with a good amount of drop in value and all these people will be upset about people not investing into their good project instead of realizing they invested into something that was bad. This causes them to not learn any better, and then invest into things popular, instead of fundamentally good things.

Unfortunately crypto gives people a type of power that they have never received before, allowing to build their own markets. Even though hedge funds and bigger players started to go in, crypto is famously belongs to people, even when those big players joined, we ruled the market and we decided where it will go.

It means it doesn't follow any of the traditional market rules, and all based on hype and opinion. This is why there are a lot of people who uses that power and gets greedy with it and end up losing money because of it. If you are too greedy when the market already gave you a lot, you are going to end up with a big loss for sure, there is no return from that.

The trick is, when you are creating a new world, a world where things are constantly progressing, you are going to have a lot of people who will be against it, and I mean a ton of people, and some will take it even 100+ years back if they could, given power. However overall the world will grow and progress for sure. This is not just in social sense, it is also economical sense as well. We are living in a world where it is certainly expensive and having hard time, but there is no doubt that even a homeless person right now lives a better life than a blacksmith 1000 years ago did.

Because, we have improving technology and life standards. So, I am having hard time with "basic needs" maybe today, but it is clear that we are not going to really be denying the fact that everything we have in our homes could make kings of old times jealous of what we have. Even the tech I use to write this message is amazing.

Unfortunately there aren't enough money to create a gap between low-medium and then high earners. People are moving towards a world where the owners would make as much as possible, but the employees are close to each other. Long gone the days where you would live a good life if you studied in college, or have some expertise in a field, everyone is making close to each other these days.

In my nation someone with minimum wage and someone who makes 4x more than minimum wage do not live a very different life, one cares about their money a bit more of course, but the other doesn't live like kings neither, it's definitely very close.

The other difference is that even though bitcoin could be tracked, you could maybe never know which person an address belongs to. Some addresses could be found, but there are still so many wallet address' that we do not know who it belongs to, which means that it would not be possible for anyone to know what we are spending our money on. That type of privacy is also a big thing, in regular life fiat is tracked very carefully, hell even the money we own have numbers on it, so it can be tracked however we want to.

This is why bitcoin is far better, it is truly decentralized and that gives us a good power and that means it is going to work out in the end for bitcoin and beat fiat clearly.

Yeah you are right, if we were in a bull run, the merge would have increased the price of ETH  a ton, and people would be cheering for it, because during the bull run whatever you do is considered to be a good thing. But, because we are in a bear market right now, it's obvious that we are not going to really get anything special out of it, and that kind of upsets me.

The same thing that would be good in the eyes of many people, could become an unimportant thing suddenly because of the market condition. I hope that one day we will get over this, and be in the bull run again and we could see how great ETH could become, 10k+ price is not impossible for ETH in the next 2-3 years.

In last few years we have too many complaints about things especially when winner is from Big three countries then things are more controversial which are creating mess up between many countries, and they need better clarification about this all here today we have another big problem which is surely needs to be settled by ICC because I was reading on social media many big names from Australia, England and few other countries were also feeling they need to be more clear despite having off the field talk which can create more issues for this game.

Even yesterday India won and now result is not going to change but here empires done few mistakes which they have done in ODI CWC against New Zealand in favor of England today we have these against Pakistan in favor of India like no ball was given after order by Kohli and then if this was no ball then on next ball Kohli was bowled out and why he allowed having three runs even rules clearly saying this was dead ball, so this is surely questionable thing which needs to be settled on ground with presence of mind and or by the help of referee.

That is sort of what happened to me. I started trading on the early days of crypto world, around 2014 and there wasn't this many coins available back then, not sure if we even had token world at all just yet back in those days. However, when you were trading since the options were low, that meant you could trade on things that wouldn't really be outside of the trading scope, we all traded the same things.

This caused some of them to have pump and dump or have some problems a lot easier because the aim would be on one of them eventually. After losing a bit of money on them, I focused simply on bitcoin and long term investment, I eventually restarted trading with small amounts again, but took me years to get back.

USD "may" look better compared to other currencies, but it is still worse than btc in my mind. If I was offered $1000 worth of USD or same amount in BTC, I would always pick btc, and would keep that in my wallet.

I rather end up with something that could gain value in the long run, even if USD is losing value slower than other currencies, it is still losing value and that is a big deal. What you can buy with $100 today can't be really same next year with the same $100 and that is why I would prefer to have bitcoins. Do not be fooled by USD doing better than other currencies, those are all fiat it is competing with, and that is a big problem.

If we take the question at hand, then we can easily say that we are not going to get our mnemonic cracked or anything like that, it's impossible and the power that is required to crack that would be bigger than any server I know of, and if anyone could have done that then I would assume it would have been the famous big wallet of satoshi and not some 300-400 dollar account.

However, about the fact that it was cracked into and money was stolen, I agree that some token situation, or some other way it was designed to get the owner participate a bit was involved, that way they could socially hack your cooperation and then get it directly from you.

It's not really similar because in this situation there is no war, it was the pandemic that caused people to print money. And this time around there is no "coming back from war" type of extra jobs. Back in 50's and 60's USA lived the richest period of its life. Because, tech was improved enough to actually do something with the man power, and since men came back from the war, there were a lot of people willing to work.

This created a boosting economy where there were new things all the time, and they were all working to get better, and there was money to be spent as well. This time, there is none of them, just a handful of wealthy people becoming even wealthier.

I don't know about Pope, but the patters that I watch is the resistance and support, if there is a good amount of resistance and support that market fails to break, that means we could trade in between them to make a good return and that's not too bad, but if we are talking about a situation that breaks them all the time, that is bear or bull market and that is usually scarier and people don't know what to do.

Right now, we go in between 18k and 21k, if you could buy at 18k and sell at 21k and keep repeating that, you would make a lot of profit. Some people did that already and got good profits, without waiting anything, just buy at support, sell at resistance, as simple as that.

I think 15k will not happen neither. We have already reached bottom if you ask me and from here on out we are going to just draw to these levels and go up and keep repeating that until it starts on a bull run and goes super high. When that happens it's going to be from these places and not anywhere lower.

People are expecting even bigger drawback so it would be easier to go up, but we already got here from 60k+ levels so we do not really need any bigger drawback. It's already under 19k and reach this under 19k a few times already, and each time it went higher, I believe that we are going to keep having that and nothing more. This is of course just a guess, nothing guaranteed.

I do agree that we do not know the time when it will repeat itself, but I know that it will definitely happen eventually. This is why I think investing right now is such an easy decision, it should be reaching to a level where it could be a lot higher, and that would be seriously good for our wealth, and we do not have to do anything about it, the result is already there, you just buy right now, and wait for it to go up just like everyone expects it to go up and you will profit from it.

I believe that this is the best decision of my life, I am going to profit from it very easily and it will not take too long neither, just a few years and I will have a great return.

I guess there are some people who like to make these type of bearish claims, there are some people in the fiat world who like to make these type of bearish calculations and predictions as well, and since fiat world does have 2008 or 2022 type of years here and there, they are sometimes right.

Like the famous Michael Burry or something, he knew the 2008 crisis long before anyone else, and everyone thought he would be a smart person who knows trading very well, but in reality he just thinks everything will fall at all times and he was right very huge time on that particular subject. Some people are just bearish on trading, and try to make money on that.

I have to say it's not really that much of a big deal if you are holding cash when it is going up, it matters when you have the cash. If you have the cash after you profited a ton, then it doesn't matter, but if you have cash even before you try to make money then it's going to hurt you. That's why it shouldn't really be a big deal based on when you sell. Always try to have some cash when you are at the top, and always buy bitcoin at bear market.

Right now, I am buying as much as I can afford to, and that's a lot better, because right now is discount prices and I could buy a lot more right now this period so that I could profit later, so I agree with what OP is saying, I have been doing exactly that for a long time now.

I can understand the "when is low? when is high?" mindset, because there are a lot of people who are willing to buy when it is low, but not sure if we are at the bottom already or will it go down even more? Like for example if you check the 40k price saw a lot of people buying during that time, they were wrong and it dropped more, and people are afraid if they buy around 20k and it drops to 10k they would be losing money too.

That's understandable. Or when it goes up, if you bought at 10k and sold at 35k that was a good increase, but it went to 60k+ how could you know that? Which is the difference and the problem, and I can definitely understand that.

People are relying on the past way too much to make calculations for the future. I personally agree that just because something happened in the past doesn't mean that it will happen in the future as well. I agree that there is a good chance that we may not repeat the same cycle, but in a good way where we may end up going up a lot in 2023, that's my own opinion though and not an advice.

This means we are going to end up seeing a big increase in 2023 when normally people are expecting it on 2024 or 2025, and that may or may not happen but I am preparing myself for something like that, if I am wrong then all that changes would be me waiting a few more years.

Gambling for fun is the way to do it, anything else is just having a false hope that gambling could make you profits. It is clear that gambling is not a profession, there are not that many people who has achieved it, sure poker is also gambling and that could be a profession but that’s player vs player, I mean gambling is not a profession in player vs house games. Not that many could ever make a profit from that, and certainly not enough to make it a living neither.

So, only thing left would be gambling for fun and if you could do that then you do not care about how you gamble and how much you wager, you just aim at having fun as much as you possibly can.

I worry that if bitcoin didn't exist, or if I didn't learn about bitcoin when I did, that would mean that I could have possibly end up losing a lot of time in my life. Thanks to bitcoin I live a life where when something major happens, I could be with my family, for the past 1 year, we had to deal with sickness and hospitals everyday for a while, and I was there to help with all of that, because I was capable of doing that thanks to bitcoin and my work in the field.

If I didn't know, then I would be working in a regular 9-5 job, maybe worse, and then I wouldn't be with them because I would have to be at work, and that would be quite terrible to not be with them during this difficult time.