I believe that is correct. Bitcoin price is stabilizing and support level is $6.2k - 6.4k . It is a good buying time again.

Cryptocurrency and stocks are volatile so it is normal that the market goes up and down.If everything is going up , how can you trade ? What goes up must go down, vice versa.

I think the biggest problems of altcoins is there are too many of them yet too little support. Some are just copy cats and mostly are scams.

I agree. There is etf coming for positive effect and then ghost month is almost over. Also support level is holding tight, nothing to worry.

Airdrops are good last year and I profit from them, it appears more of them became real. I even created a group for airdrops before. This year most airdrops are a waste of time and doesnt have value. I no longer join aidrops these days.

I'm pretty sure altcoins will recover again but that would be the altcoins with real value. Mostly altcoins in the top 100 will recover because of popularity and support of their community.Others on the top 20 will be back up because they are pioneer and gain more trust already.

I am here for long term investment even though the market is going down now. This is the advantage of long term investment, you dont worry what happens now, you think on a long term.

I believe some altcoin will be important like bitcoin. Just for example ethereum , its smart contracts plays an important rule in the blockchain technology. There might be a possibilities that an altcoin will be more important than bitcoin in the right time.

There's no need to be scared. Markets price goes up and down and that is normal, whether stocks trading or crypto trading. Just wait for your time to sell or buy.

The best exchange I can recommend is kucoin exchange. It is very easy to use and simple UI. Lots of free airdrops for new coin as well. Also if you hold a kucoin you will get dividends .

Yes , bitcoin and crypto is a waiting game.If you panic and sell now, you be left behind by the time bitcoin rise again. This is just normal in trading and investment.

Engaging in bitcoin put you at risk, actually in all other crypto. Business and invest has a risk involve. No risk no gain.

The advantage of a day trader is the profit is fast. You only need to engage your full attention a certain period of time, once you profit , you're done.

I agree , if you dont trust crypto, just go. Majority of panic sellers dont fully understand the ideology behind bitcoin, they are just after making money. since the price of bitcoin has gone down they are scared and looking for how to run with the little profit they have made. Panic sellers should just exit and never come back

I think bitcoin doesnt affect the price of ico's. They have their own price , their price will only get affected once they go on the market. Say for example, ico price of coin a is $.5 , no matter how much btc is, it will still be $.5 when it is on the ico.

I can still remember ico last year and mostly are legit but if you research ico these days, mostly are scam. Only a few ico is trustworthy and you really need to check it throughly.

If that happens,  I think there will a lot that will go out of crypto or might sell all their holdings. Although, there are a lot of signs crypto has a bright future and more and more is able to realize it. Hopefully, everything will be ok and have faith in it.

Yes you can actually lose your coins if you choose a wrong wallet. Choose wallet where you hold your private keys, if possible use a hardware wallet because it is safer.

Here's what you need to start trading to a crypto exchange.
1. Look for a decent crypto exchange that has good reviews and trustworthy.
2. Sign up and verify your account
3. Put some funds and buy the coins that you want to trade
4. Start trading.

It's a good time to invest now since we are in a bear market. I recommend to check coinmarket cap and research the coins in the top 50 and select where to invest. Dont forget to include btc of course.