Well, the beginning of the year is not the best time to enter because from that time, price has been declining ever since but then if you decide to trade for short term then you can still have some profits and then maybe able to get back your capital and then trade your profits. There is still a lot of potential in the market because price has been volatile so in every movement, you can still have some profits but you have to exercise always risk management so that you can minimize your losses as much as possible.

Well, it would be a win-win situation if both the government and the crypto enthusiasts would come to an agreement as to how to regulate the cryptocurrencies. If the government would not focus on the negative effects of cryptocurrency but they will take a look as well to the positive impact it would bring to their country then there is a chance that the corruption would be lessened which would be a step forward to have an honest government.

As for the crypto enthusiasts, it may seem that we would lose our aim of being free of control by the government but we cannot deny the fact that we still need their approval so that mass adoption would happen and make bitcoin truly a currency and not just speculation purposes.

People are used to instant gratification nowadays that's why many are being impatient that they cannot immediately have their profit causing to more losses. Many just can't wait for it any longer that's why some would join pump and dump groups but instead of having instant profits, many would incur instant losses.


It's good that you advise him to do that because when people get used to being told what coin to buy, they would not exert any effort in doing in on their own thus the reason why many are joining paid groups so that they would not have any hard time analyzing the trades on their own.

Btctalk name: entrepmind23
Rank : Sr. Member
BTC Wallet Address: 1Exu1fBLV73YUDe56KoBH4fGY2VwY1MwKx
Wear Appropriate Signature: Yes
Wear Personal Text: Yes
Wear Avatar: Yes

If you join a telegram group that gives free signals then I advice to not follow their signals because they are just using most likely their members so that they can gain huge profit. They are already accumulating ahead of you and then when they give the signal, they would have a sell order already so you will be dumped on. I am one of those newbies before who would follow their every signal and even join pump and dump groups so later on, I lost more of my capital than gain something from it.

People wouldn't just give something for free because there is always a hidden agenda from it. You should think what would they gain if they give signals for free. Of course, there are still legit ones who are willing to help but most of them are just there to get your coins from you.

I actually started in binary options and then, later on, I realized that it would be better if I learned trading not just choosing where would the price go in the next minute, hour or day. At first, I am always being FOMO'd that's why I end up losing more than half of my capital and then, later on, I realized that there should be some way in which I can be profitable in trading that's why I go back to basics and learn it through babypips.com. It is a step by step process and when you already graduate, I guarantee you that you will learn a lot from it especially if you are a newbie in trading.

If the government would enforce it properly then corruption would be greatly reduced because the transactions are traceable as what you mentioned. They will let their employees operate in a system with blockchain technology because they wouldn't be able to just easily delete it and then they cannot just change the information in it. It would be a great help in tracing the people behind those transactions so that they will know who are the accountable ones.

During an election, blockchain would be a great help so that there would be proper counting of votes and the people who are manning those voting machines would not be able to easily manipulate the vote counts since they can't change the information.

Yes, I believe so that the price of bitcoin would not fall that deep because there is a lot of demand in which when there is a downfall, especially if it's a sudden movement then we can see an immediate reaction of the demand and then the price would recover and then slowly consolidate.

Unless there would be an event that would convince people to sell their coins at a loss then it may reach that level but for now, it is less likely to happen given the good news that is surrounding the crypto world nowadays.

However, there is a possibility that as the price becomes stable, more merchants would think that maybe it would be the time that they would adopt bitcoin as their payment option because it is stable and they are less likely to lose due to the volatility. As we all know, one of the reasons that would let the merchants turn down cryptocurrency as one of their payment options is that of the price volatility and if this would be resolved then, we can expect that more businesses would consider adopting it.

We may not be able to see an increase in price or maybe there is a slow increase in price that is far better than it becoming a pump and dump coin. If there is an organic growth then more investors would consider investing in it.

Reading some news about cryptocurrency would give you a perspective as to what would potentially happen in the next few days, weeks or months. If the market is in red and you can't find an opportunity yet or just waiting for the price to hit your support or resistance then it would be better to learn more about what is happening with cryptocurrency ecosystem. You might want to watch some videos or if you want to take a break then do your hobby or spend time with your family.


Definitely, it would be a good way of being rational when you get back in trading. You are relax so you can think carefully of what your next move will be. We need to relax from time to time so that our mind would not get tired.

If you have a loss in your trading then there would be no tax to pay because the tax would be base on your income and since you have no income in a sense, then you have nothing to pay. However, there might still be a need to file the income tax though so that the tax authorities would not hunt you down when they learn that you didn't file.

As for the simplification of taxation, Japan sure is the fastest to advance when it comes to cryptocurrency and I hope that other countries would see Japan as a model for their cryptocurrency legalization and adoption as well in the future.

Yes, it would happen one day. No one knows for sure when would that happen so if you are interested in trading then it would be better to start learning now when the market is still consolidating because it would be a good opportunity to have a position in certain coins. If you want to study trading more then the fastest what to learn it is through experience. You may lose at times but if you learn from it then you will surely progress.


Well, I am hoping for it too that just like last year, the price would slowly go up and then bitcoin would surprise again with sudden upaward movement. I hope it would it would be able to sustain the volume because if not then it would just become a pump and dump.

Username/UID: entrepmind23
Bitcointalk Rank: Sr. Member
Current number of posts: 1579
Bitcoin Address to send the payment: 1Exu1fBLV73YUDe56KoBH4fGY2VwY1MwKx

Just because many campaigns fail doesn't mean that all the future campaigns would fail. It is still up to you to choose what campaign has the likelihood to succeed in the future. If you want to be sure that your effort would not be wasted, it would be better to join a campaign that you know has the likelihood to pay like the bitcoin campaigns that pay weekly or choose those projects that have an escrow because of a higher chance that you will get paid.


When the market is not making some significant movements, it would be better to invest because you are not chasing your trades as opposed to only buying when the price is already up so you miss the opportunity to buy it at a cheaper price so that you can get more coins for the same amount.

There is no perfect trading wherein you will not be able to have losses. Even those who are in the market for a long time and earning a lot from it lose from time to time but then they knew already what to do because they have experience it all before. It is about controlling your emotions and having a trading plan always because it is not only about how much you can gain from it but also about how you can minimize your losses when the market is against you.


Knowing when to buy and when to sell is one of the keys to being a successful trader. There are just times when you know when to act but then your emotions hinder you to do so and in the end, you become greedy when it is going up and become hopeful when it is going down which may not have a good result. Trading psychology is one of the pillars of trading and if you don't have what it takes then better just invest in it and wait for the bull market.

Btctalk name: entrepmind23
Rank: Sr. Member
Current post count: 1578
bustadice Name: entrepmind23
Wear appropriate signature: Yes

Others may decide to copy what he did that's why they sentence him longer than those much worse crimes they have. This definitely is a message to anybody who may want to think of illegal ways to mine bitcoin. Three and a half years in prison is just too much for me though.


Definitely. I know that what he did was wrong and shouldn't be done but still a punishment of that much is excessive. I am curious though as to where is the bitcoin that mined now.

Being regulated would mean that there would be restrictions when it comes to implementing something but it would also be an advantage of the investors because the projects that would be launch would be properly checked before they would be able to collect some funds from the people. It would also be more trusted especially for those who are traditional who wouldn't believe something unless it has support from the government.


If we think about it, having regulations really is opposite to what the creator of bitcoin is trying to achieved having a decentralized kind of currency that would be free from the control of the government. Form the looks of it, we still need regulation though but is due time, I believe we can do it on our own without the control of government.

I think next year, cryptocurrencies would be like 2017 again wherein many coins would be able to rise and then we can see some projects that matured as well because those who finished their ICOs last year or this year would have fully implemented projects and we can see now their true value and how in demand it would be in the market.

More coins would be use for its actual use case. Government would have a stricter rule when it comes to cryptocurrencies but it is better for the crypto enthusiasts because those scam projects would be lessened which would be good for the investors and it would return their trusts to the crypto projects which I would assume are slowly diminishing this year.

I think martingale strategy is good because it is not gambling anyway so you don't totally lose your money in case the price went down but it would just lose value. Buying those coins that have been existing for a long time s a good strategy because you know that there are demand for those coins as oppose to the new coins that has the tendency to lose demand because the investors nowadays are losing their confidence when it comes to cryptocurrency.


If you want too invest for the long term then choose those coins that has good fundamentals and if possible those coins that are use for its actual use case because you know that there are demand for those. There may be coins that are cheap for now but if those coins are abandoned by the team or there are no progress at all from those project then better look for other coins that has the potential.