Can we just point out the obvious?

[yeniruieni]

I think all of this is a very natural thing that happened in the world of commerce. New people entering the crypto world were, of course, interested in big profits. But the Crypto market is very difficult to predict and like in 2017 to repeat it will definitely be difficult. But I am sure if this can happen again in the future.

[aervin11]

Truth. I could say that normal hyped shillers are giving huge financial advices on beginners with no responsibility on what they are telling. It's not the way to push global adoption, I think only bitcoin/cryptoccurencies could prove it by serving real use case.

[lllaqpt]

So a lot of us have these highly optimistic views towards crypto and bitcoin, this is fuelled by nothing more than the desire to make money from something which has had it's day.

First before we go telling new people to buy now can we just stop and think about the impact you would feel if a selfish person gave you bad advice and you ran with it? Now what if a group are telling you? You'll lose complete confidence in the market you're trading on and likely move on with a sour taste.

No one on here has any idea when things will turn and it's all hope and optimism with no basis, we need a reason for things to turn and currently we don't have a reason, the big investors that pushed the price up did so because they had faith in where this technology could go, but sadly 2017 demonstrated a big failure in one of the most important areas being efficiency, if those recall how expensive bitcoin transactions got and how slow they became late 2017 you'll get this point and understand why we crashed, as it is now Bitcoin still has these issues and cannot scale well, we have solutions in the works like lightning network and other altcoins working on scalable solutions, but where it stands now we have no reason to go up, so please stop telling people it's about to change.

It's still not a bad time for beginners to put in a small amount and learn via day trading and research, I recommend doing so..but I do not recommend throwing big money at anything right now.

Myself I'll throw more money in when I see a successful roll out of the lightning network taking place, if we can get past the efficiency issues confidence will grow, I'm still optimistic long term in the tech but we have a bit of a way to go.

I'm sure some will disagree with this but the main point stands, we're being unmoral pushing advice we know isn't true.

So this is the case of everyone agree with the statements of others or not. And why do you think that it has already gone through its day. A young technology with a perspective,  just need to give the right push now and create regulation and that's it.

[Cnut237]

Prices are bad at the moment and continue to fall. But I don't think crypto has had its day, I think there is plenty more including new highs to come. But it is certainly not good at the moment, and I would not advise people to buy in whilst prices are still in freefall.

[maxreish]

Even if a long downturn of bitcoin was still performing in the market, we cannot still give up and we keep on fighting. We have also downsides whenever we lose our money but let us just stay focused and stay positive. Not all days are bad, we can still wait our lucky days. Sometimes, we tend to fall for the fud but let us learned from our previous mistakes and go on.

[sunsilk]

Even if a long downturn of bitcoin was still performing in the market, we cannot still give up and we keep on fighting. We have also downsides whenever we lose our money but let us just stay focused and stay positive. Not all days are bad, we can still wait our lucky days. Sometimes, we tend to fall for the fud but let us learned from our previous mistakes and go on.

Good days are coming and don't let yourself be influenced by those people that seem to lie with what they are saying. It's better to do your own research before conducting a decision making on what you'll do about buying or selling.

Optimistic idea is fine as we're all hoping for those days to come back, the good old days, the bull run that we have met before. Invest what you afford to lose and always rely on yourself when you are making decisions.

[mrdeposit]

Truth. I could say that normal hyped shillers are giving huge financial advices on beginners with no responsibility on what they are telling. It's not the way to push global adoption, I think only bitcoin/cryptoccurencies could prove it by serving real use case.

Telling lies to others is not ethic,first of all. Global adoption is beginning of the cycle and cycle's other side is very dark. After so many scam projects it is not easy to convince the investors to come and invest in to new ideas in crypto industry.

[dedi joni]

Truth. I could say that normal hyped shillers are giving huge financial advices on beginners with no responsibility on what they are telling. It's not the way to push global adoption, I think only bitcoin/cryptoccurencies could prove it by serving real use case.

Telling lies to others is not ethic,first of all. Global adoption is beginning of the cycle and cycle's other side is very dark. After so many scam projects it is not easy to convince the investors to come and invest in to new ideas in crypto industry.

you're right after too many scams are now the market is being a little crypto deserted. investors are more cautious and not to invest. they are not like the old days where the market is very crowded with crypto investors money. Now we can just be patient.

[ballerin and giroud]

I'll put big money in cryptocurrency if there are many peoples or many merchants who use cryptocurrency as payment system, maybe it will bring a lot of profit for long term or also for short term. But if I put big money just there are a country or even SEC approve/accept bitcoin then I won't do that. These things just for short term investment, I'm not hypocrite to say that if SEC accepted cryptocurrency will makes the price up drastically but it's just temporaly.

[arpon11]

The truth still remains that bitcoin is going to grow and the current price no matter how we path it is still very low compare to the technology behind the cryptocurrency.  I don't think it is wrong for people to be told that bitcoin is still going to increase in price and investing in it is a right investments decision because it is certain bitcoin is going to increase in price and get pump as it has happened in the past.  Many of this type of comments were made in 2015 and 2016 and I could still remember some people said bitcoin will never get to $1000 but in 2017 December it went as high as $20,000! I believe in the future of the cryptocurrencies market and this hard reset will not change anything.

[slaman29]

I'll put big money in cryptocurrency if there are many peoples or many merchants who use cryptocurrency as payment system, maybe it will bring a lot of profit for long term or also for short term. But if I put big money just there are a country or even SEC approve/accept bitcoin then I won't do that. These things just for short term investment, I'm not hypocrite to say that if SEC accepted cryptocurrency will makes the price up drastically but it's just temporaly.

Yeah you and thousands of other people say this, but anyone who really believes in long term adoption and actual utility, they're the ones not only putting money in big but using the crypto every day and testing it and spending it.

And would they really care about SEC decisions or what countries do? No. The true crypto believers do what they do, regardless of everything going on around. It's not about if states make it profitable. It's about ideals.

So yeah, it's obvious, but few people will admit it.

[Angrydwarfs]

OP is fear mongering,  crypto will rise again. Anybody can see this.

[Dennicex]

I think that cryptocurrency will still show itself. The other day I saw several graphs of technical analysis of the value of Bitcoin and Ethereum, and I want to say that in the next few years, cryptocurrency should not only return to the past peaks and show new ones. The main thing is not to forget about the diversification of investments. I invest in a top 10 coin and several promising newbies like Sound Money Coin.

[whyrqa-1]

I think that cryptocurrency will still show itself. The other day I saw several graphs of technical analysis of the value of Bitcoin and Ethereum, and I want to say that in the next few years, cryptocurrency should not only return to the past peaks and show new ones. The main thing is not to forget about the diversification of investments. I invest in a top 10 coin and several promising newbies like Sound Money Coin.

In any case, today there are some new projects that give hope to many users of cryptocurrency, who actually give their consent to invest in these projects. I also prefer certain companies in which I am sure, but it seems to me that the risks are still present, especially with the current state of the cryptocurrency market.

[Hamphser]

I'll put big money in cryptocurrency if there are many peoples or many merchants who use cryptocurrency as payment system, maybe it will bring a lot of profit for long term or also for short term. But if I put big money just there are a country or even SEC approve/accept bitcoin then I won't do that. These things just for short term investment, I'm not hypocrite to say that if SEC accepted cryptocurrency will makes the price up drastically but it's just temporaly.

Yeah you and thousands of other people say this, but anyone who really believes in long term adoption and actual utility, they're the ones not only putting money in big but using the crypto every day and testing it and spending it.

And would they really care about SEC decisions or what countries do? No. The true crypto believers do what they do, regardless of everything going on around. It's not about if states make it profitable. It's about ideals.

So yeah, it's obvious, but few people will admit it.

Users are different from believers and anyone do have different treatment on how they do foreseen about crypto.Some would go for long term

but most likely people would always after for the profits. Adoption is still on progress, we might see some blockage or prohibitions but sooner or later

we would able to see that blockchain tech and crypto market cant really be stopped.

[Leah38]

Some alts are pumping so its really good to stay updated with what's tending and what's the hyped coins at present and just go with it to earn profits. Some may be loosing money at some coins but some are also earning big time so its not totally bad add all.

[anks]

back in the day people mostly used crypto because of the tech and the anonymous payment. be happy that the coins are now in a stable phase you can use them for payments. the greed came with the hype. all then it was all about profit profit profit. just be happy. the bottom is reached and it can still rise. there is much space for growth. just stop with that standart thinking that crypto is here to make profit.

[Adriano2010]

You are right, i write a lot in some of my post for more and more people (to invest only money that afford to lose). Yes most of us want to make money from crypto, not want just to join some bouties or do trades just for pleasure.

[Kelvinid]

You are right, i write a lot in some of my post for more and more people (to invest only money that afford to lose). Yes most of us want to make money from crypto, not want just to join some bouties or do trades just for pleasure.

We all working hard cause we want to have money and that's the main reason why we are still in crypto. I've never think the others consider this just for fun or having pleasure, pretty much they'll wanting to have in return.
Investing is not all about of what we can afford to loss but also it matters of our capitalization which we would like to put into a certain investment.

[DeepChipolino]

Brother you need to stay positive and hope for a better future always to thrive in financial markets especially crypto. Everyone has seen that from the start crypto has been repeating these bull and bear phases and in every bear phase people called it scam, fraud and useless etc but each time we saw a bigger bull run than ever so will be the case this time around as well.

I am not saying it's a scam, I'm saying it's a technology that has flaws and needs improving, I'm 100% behind where this tech can go just to clear that up.
Hope and optimism are not good ways to make money, I try to switch off emotions when trading and rely on logic and information, if you don't understand a market enough and start calling it a scam you shouldn't of got involved in the first place.

Perhaps progress is moving in a spiral. That is, we will not see rapid improvements in the near future. But crypto is changing.
Therefore, if we believe in success, we can tell people about the purchase, it is honest. Of course, it is necessary to explain not only about the potential, but also about the risk and time, which can be much more than we want.
In addition, rumors and early expectations get the greatest profit, but not the news and events that have occurred. That is the greatest profit for those who come to this market as soon as possible.