I seen lots of people are panic and selling and spreading FUD . But based on my experience people who really dare to take risk only won here .
Wise and daring investors are still searching for good potential coins to invest while its really cheap were greedy people are panic and spreading FUD
Finally people who dare to invest bitcoin even when the price of 100$ they created fortune here . Its completely daring and vision not at aall luck . SO if you are having real vision and want to make milestone in life then be here in crypto and support other wise please quit .

I know that not all the people out there had gain in bitcoin investment and some of them are losing their money and made a wrong decision which is to sell their bitcoin in low price. So their money was being compromised and that is unfortunate event for them to happen. However, i know that there are also smart people out there who are patiently waiting and now gaining in their loss since they had already the confidence on facing the challenges on. As we all know that all investment has its own risk and bitcoin is no exception for that. Somehow these smart people had already recovering their loss. I just want to figure how they manage to recover it from the fall down.

DO YOU WANT TO BE ENTERTAINED OR RICH?…IT’S YOUR CHOICE

I came across this excellent chart the other day. It shows those times in history when the S&P 500 doubled over a ten year period and the trajectory that this doubling took.

Please see here for a relevant chart: https://www.tradinggame.com.au/want-entertained-rich-choice/ 

Much commentary that followed on twitter related to the steady low volatility climb that characterised the latest run and how boring this was. One of the interesting thing about markets and money in general is that people betray their true desires and personality.

Markets are the true window into the soul and in this instance what traders were actually saying is that they wanted to be entertained and not rich. The constant current moaning about the lack of volatility is little more than the plaintiff cries of children who bedevil their parents every school holidays with cries of …I’m bored.

This lay observation tallies with what others have found. The seminal work in this field of trader immaturity is An Analysis of the Profiles and Motivations of Habitual Commodity Speculators by W.B. Canoles, S.R. Thompson, S.H. Irwin, and V.G. France. I have summarised their findings below and have added my own emphasis.

“The typical trader assumes a good deal of risk in most phases of his life. He is both an aggressive investor and an active gambler.

 [He] does not consider preservation of capital to be a very high trading priority.

As a result, he rarely uses stop loss orders. He wins more frequently than he loses (over 51% of the time) but is an overall net loser in dollar terms. In spite of recurring trading losses, he has never made any substantial change in his basic trading style.

To this trader, whether he won or lost on a particular trade is more important than the size of the win or loss. Thus he consistently cuts his profits short while letting his losses run.

 He also worries more about missing a move in the market by being on the sidelines than about losing by being on the wrong side of a market move; i.e., being in the action is more important than the financial consequences.

Participating brokers confirmed that for the majority of the speculators studied, the primary motivation for continuous trading is the recreational utility derived largely from having a market position.

Numerous indications in our survey indicate that they are not trading solely or even primarily for profit, but may be maximizing excitement or the number of winning trades.”

So we come back to the original question. Do you want to rich or be entertained as the choice is entirely yours.

Author: Chris Tate
Article reproduced with kind permission of Tradinggame.com.au.

The article is concluded by the quotes below:


“It's in your best interest to focus on building your trading skills rather than on achieving a huge profit every month.” – Joe Ross

“No matter how good you may think you are, nobody is bigger than the market and it will beat you to your knees if you don't treat it with the respect it deserves.” - Adrian Alberts 

“Trading does not have to be very difficult — what can be difficult is finding the right path early on and properly understanding the major impact of your mental state on your trading results” - Gabriel Grammatidis 



www.tallinex.com wants you to be a successful trader


Trading realities: http://www.advfnbooks.com/books/unlockpotential/index.html

During the long depression of the bitcoin this question is rather interesting! I know that there are a lot of traders,who fixed their income in Tether, somebody in TrueUSD.
But there are a lot of good tokens like ADA, IOTA, EOS.  Do you think if btc continue to stagnating is other tokens will die too?

Based on the crypto news there are some really huge companies which decide to invest in crypto. Probably, this is the way to rocket alts and pump btc?

The rule that only accredited investors, which means people who are already wealthy, are allowed to participate in certain ICOs is senseless imo. It's like saying "YOU'RE NOT WEALTHY YET, SO YOU'RE NOT ALLOWED TO BE WEALTHY." Stupid society, with obsolete rules, we're living in.

Disclaimer: I'm not a US citizen, and I've not read that law

Most probably in this section are users that are interested mostly in Economics, so I want to know why Economics attracts you?

Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".

Do you guys think that this can change in the long term ?

I do no longer see some thing incorrect in promoting bitcoin,we are unfastened to decide whilst to preserve our investments
We maintain the important thing for our success though we are all saying that we need to hodl our coins however there are investor pick to have short time period investments.they're the humans who've tons less endurance,within the occasion that they promote inside the sense that it's miles truly desired for emergency purposes and now not approximately Fuds or fee votality that is very large.we all favored right right here to earnings and if someone choose to promote their cash then they are the simplest accountable of their actions and as tgey take danger on making an funding they probable understand the approach even as to profits. 

Its not troll topic. Its math speculation and opening to bigger discussion.

Now let me explain this nonsense from topic:

Currently we have 17 mil bitcoins according to statistics 4-6mil are already lost(forgotten pasword, burned during wrong transfers etc). That gives us 11 mil of bitcoins. Few mils are stuck on wallets where they have to be (for example mt gox wallet), on longtime hodlers etc. Lets say that we have 8 mil of bitcoins that can be possibly dump.

Now imagine that 1 whale came to the market tommorow and set buy order on 20k with 2 mil coins (500k to eat walls and 1500k to show that you are not the gay that others want to mess with ) - 40 bil offer.  Is it possible? - Warren Buffet has 80 bil $. Most of them are locked in investition but its only example
How many of those 8 mil would be dumped in this situation? How many fomo investors will jump in? I think that those 1.5 mil coins wont be eaten (many investors seeing that big wall wont sell). Some of traders will move their offers obove that huge wall to be able to trade at all. What if he would do this pump after first good news (redtube supports bitcoin   ). Society will make dozens of video and posts on forums that this caused bitcoin to moon.

Why would he do that?
Imagine he already have 1 mil coin bough from 5-5000$ (this makes 7 mil not 8 possible to dump). Selling them now will caus huge dump. After this huge pump he would be able to dump everything on higher prices.

Shittalk and noone would do that?
This scenario happend in smaller scale 12 april 2018 when we had pump from 6900 to 8000 in 30 min. Someone just came to the market and said :"From today we trade at levels 8k+. If anyone disagree you are out of trading for next months". Some of traders and holders disagree and tries to dump their coins on him (thats why second candle after this pump was short with high volume).

Im not talking that this will happen tommorow. I post this math speculation to show you guys that in trading world nothing is ceraint. Even best analysis wont predict you from whales that can change market dramatically.
Good aspect of this is that its imposible to do that in south direction. Because if someone would use his few mil bitcoins to dump to 1$ there will be whales who would buy his few mil cos for few mil $ and stop this.

We have supports, resistances, trendlines, RSI but they have money. We should start to think like a whale. Thinking where he is trying to trick us. Where he is prepering for big moves etc. Alwais after any analysis try to think beafore transaction "isnt it a whale who is trying to push me into this trade by showing buy oportunity?"

Bitcoin is indeed risky. But bank investments are risky too. In our country (coz I'm not sure if this exist in other countries). When you have a large amount on your account they will call you and ask you if you want to invest, minimum of 20,000 Php (or 400 USD). They will propose some investment plans where there is a choice of low, medium, or high risk investment. When you choose the high risk there is a chance to lose or gain 100% of your investment (Medium is 75% and low is 50% if I remember it right). It doesn't make sense to me, it sounds like a scam, they will invest using your money and you don't have any control to it. That is why I like bitcoin more, coz Though it is risky and it's very volatile, you have full control on your investment.

What do you guys think?

I've just visit Philippines to have an vacation. I glad to know that Philippines accepting Bitcoin as payments, like Mr. D’s Artisanal Sundries i buy prepared smoked and cured meats, such as bacon or corned beef and i pay BTC it's so very nice that Philippines is belong to the Cryptoworld  

So BTC and most alts are down 10-25% pretty much across the board from 6:30 est. this morning.

So what do you think guys, buy this dip or wait for more blood?

Hello, community. Political, economic and social news in the media significantly affect the life and behavior of the crowd. How can crypto news affect the movement of the market?

A quick recap of cryptocred’s ideas https://medium.com/@cryptocreddy/bitcoin-bull-market-considerations-de3aa0b57029

First of all, I’ll say that I’m confident that BTC will reach new heights, however, I think that this new growth in an upcoming bull market won’t be as rapid as it was in 2017. There are some reasons:

1) In 2017 majority of people just knew about a revolutionary blockchain technology, and was fascinated by it. Nowadays there is a different situation — this word is now on hearing and people won’t go here just for a new technology

2) In 2017 people knew Bitcoin only from his growth-side. If the crisis of 2013 was recalled, it seemed like something long forgotten. Now every newcomer will remember crisis of 2018 and will think 100 times before investing big money here.

3) From the technical point, the price grew in a free flight —  there were no any resistance levels. Now, after this market dump, there are a lot of resistance levels have been appeared and the price will have to break all of them

4) Probably, many of people who now have minus balances will want to exit of crypto to fix their funds from losses as soon as they became green.

If you found this post useful, I will be really appreciated for +merit.

Reading this source, I understand that prices are likely to go below 8k. Do you agree with those analysis?


 https://www.coindesk.com/bear-revival-bitcoin-risks-fall-below-8k-after-3-5-week-low/amp/

1. Do not invest your own money

Since most businesses are risky, seek partners. So, if things do not go all the way, you will not go bankrupt because of the start-up funds, and not pursued debt.



2. Work hard



If you are not willing to work hard, overtime, forget personal gain and health, then entrepreneurship is not for you. At first, you definitely will not be able to pay employees, even if the employees are cheap. So, your employees are your own.

3. Use the latest technology

New technologies such as software and data storage with small companies are able to compete with large companies. Take advantage of low cost technologies on the market.

4. Respect the time

Rate the money in your time, for example Rp20 thousand per hour. This will help when you have to make a decision: If a store charges Rp10 thousand for shipping every week, and it takes you 2 hours to go to the store itself, then pay for the postage from the company, because it is cheaper.

5. Realistic

When creating a business model, look around and look for a successful example of the business model you want, then learn. If you can not find, whether you are an incredible genius, or your business model will not work in the real world.

6. Sell excess, not price

You start a business, you are naturally frustrated marketing it. But, if you compete on the price, you will end up selling at barely or even under capital. Master the skills of communicating with customers, to explain that your product price is higher because it has a better value

A lot of posts are about bitcoin (eg bitcoin for illegal transactions ... bitcoins change lives ... bitcoin destroys the world ... bitcoin poison and so on) but basically it's all humans that move .. bitcoin is the tool. Good bad how the tool is how the man who runs. is it worth blaming bitcoin. What is your opinion?

You could (and probably should) put it into some form of a safer investment. There are a lot of stock options out on the market that allow for pretty continual growth albeit very slow. This would be better than just leaving your money in a risky investment or just letting it sit under a mattress somewhere because at least you collect some interest. As you keep making money, you'll end up with more in that emergency fund until it becomes something that you can actually work with in a few years/decades.

What's your opinion on buying new emerging coins that are not yet on top and cost less than 1 dollar?
How do you decide whether they have potential to grow or not?