Quote from: entrepmind23 on August 21, 2018, 10:48:36 AM

Quote from: Slow death on August 17, 2018, 08:29:58 PM

see that 10 days have passed and the price has not reached the $ 10,000 and to be more accurate has a long time that we do not see this price of $ 10,000, unfortunately we have many analysts who are making very optimistic forecasts and these predictions never come true ,
they only create expectations in people and after a while people disappoint. I do not even believe these predictions. In my opinion the price will increase when we have more demand and we should not be too optimistic.

Yeah, right. We should just hope for the best but then be prepared for the worst as well. Just think of the possibility that the price would go down again below $5k. Are you ready for it? Do you plan to buy more when this price would be reach or you would sell all your coins and then leave cryptocurrency world for good? We should just have a plan so that we will now panic sell when that time comes. $10k is still reachable and 2017 surprise us but will it happen again this year? We should be ready always for what is yet to come.

Just use the strategy of buying whenever prices fall and hold for many years, this is the only possible choice where people avoid buying and selling with losses. But to implement this strategy people should not make loans to buy bitcoin, people should not use money they know they will need in the short term to buy bitcoin. In short, for those who have extra money, this market can be very profitable and one does not need to be panic every time the price falls. The biggest obstacle that is preventing crypto from increasing prices are very exaggerated and very rigorous regulations. see an example:

Japans Financial Regulator Wants Crypto Industry to Grow Under Appropriate Regulation

Quote from: https://cointelegraph.com/news/us-federal-trade-commission-issues-warning-on-bitcoin-blackmail-scam-targeting-men

We have no intention to curb [the crypto industry] excessively. We would like to see it grow under appropriate regulation.

this " appropriate regulation " is very dangerous