You would probably be better off taking that Bitcoin and short it at the high peaks and then rebuy at the dips. Then give her the cash for that. As it's been said here there is no idea what or where Bitcoin will be in 14 years. Some new coin that does what Bitcoin does, but better might come along etc.

I think what you are doing is great, but be prepared for change.

My point is in the 3.5 years or whatever other coins came out. These coins work just as well at getting sent around (changing ledger entries really). Some work even better in subjective terms, like confirmation speed, privacy, or low fees. The only thing bitcoin has over them is high hashrate which after a certain level is not any more beneficial. And it's all open source so even lousy altcoin developers can copy anything good developers come up with.

I trust in the developers to continue doing a great job and promised myself to separate this coin from my portfolio, period!

There are a lot of scandals, fake news and so on. I think that just will continue and become even more sophisticated.

I had a break from reading the news and checking my portfolio for 3.5 years (2014 - 2017) Why, because every time I did - I ended up questioning my own judgement, the tech, my evaluation. Same stuff was going on as it is today, people were screaming and articles would be saying it died. You could find predictions contradicting each other every day.

I don’t consider the odds are high, to predict the fall of bitcoin if that ever happened, the spreads on the exchanges are not to huge and if someone sold a huge aka Winklewoss twins amount, it would flash crash and go to zero, with all buyers not placing new orders. But this I don’t think will happen, probability is not high in my opinion.

I wouldn't lump all of crypto. There are some legitimate projects and teams out there doing some amazing work. But for every one of those, there are 10 coins trying to scam investor money. If you watch that doc and see what Asian companies did inside "regulated" markets, you can just imagine the field day they are having with crypto. Where there is basically zero protection, and no consequences. That's why I'm very wary of any coins trying to overhype, fake parternships announcements (which anybody can sign up for), trying to pressure buying with master xnode schemes, fake twitter giveaways, etc.

the most sickening thing for me personally with this whole shit show is that everyone takes point from Bitcoin

Bitcoin goes up, everything goes up

Bitcoin goes down, everything goes down

Alts are Bitcoin's bitch. The sooner this issue is solved, the better for everyone.

Binance, Bittrex and Bitfinex will add fiat trading pairs for alts. Once this happens, I think it is not too unreasonable to assume that a lot of people will dump bitcoin in favour of better crypto tech.

Technically the bottom bottom is 0. It can’t be negative. Though I had a very disturbing dream where I woke up and Bitcoin was worth $0.30. It was like I was the last person HODL’ing and I could cash out for like $3. Very disturbing dream. Then, I woke up and I realized I still lost a boat load of money from Bitcoin being at $7000 but at least it’s not $0.30.

Why is bitcoin better than many other coin, when the whole technology of other coin is superior to bitcoin?
The first thing we need to mention is the formation of crypto currency and blockchain, the crypto currency and blockchain that was founded by satoshi nakamoto, and the bitcoin created by a simple thought that is non-governmental and not a Which organization can control it.
Bitcoin has the highest growth rate and accounts for over 40% of the total crypto currency market for a number of reasons:
Bitcoin is the first and only.
People accept and consider bitcoin as the king of crypto currency.
Thanks to bitcoin, the blockchain technology evolved as it is now!

The factors that made the BTC fall down during this time, first of all, perhaps are the big tech giants like Google, Facebook, TWItter and the ico-based advertising board on its platform because under US law the ban , which is the biggest and deepest reason. After a speeding up process, the crypto currency needs to slow down in order to gain better momentum. The btc reduction is also due to the technical btc chart. is in the long-term downtrend, and if btc closed above $ 11,000, the down trend is broken!

ANALYSIS OF BTC / USD DATE 26 MARCH 2013 TO 02/04/2018

I. WEEKLY ANALYSIS (W1)
1. Open last week at $ 8200 BTC quickly rose to $ 9177 and reached a low of $ 8085 then closed at $ 8445 (data recorded on Bitfinex).
2. Thus, with the volume of trading is not large together with the price increase and decrease is not strong when the candlestick creates the candle hammer back but not at the top or bottom so we almost do not conclude with the candle week Last week saw the candle closed the green candle. Continue to candle more candles before, we go to pair 2 candles last two weeks, the formation of candlestick holding balance when the side buy and sell side does not dominate.
3. Regarding candlestick logic, the cycles that are going are supporting one of the two following logic: Candles this week and next week will be red candles or candles this week as red candles. So, if we consider candle logic this week is a week of decline.
4. Prices are between 61.8% Fibonacci level at 9440 $ and 78.6% at 6600 $. Therefore, if the BTC is the biggest loser, it will only be preferred at $ 6600.
The Bollinger Bands are sloping down slightly and the middle bands are heading up, bands are heading up, prices are under the middle bands so the preferred trend is still below W1 bands at $ 5255. However, the Bollinger Bands slid midway up to prove that the buying power is still pretty much.
6. We go to look at ichimoku, Tenkan-sen is under Kijun-sen but Kijun-sen is up and Tenkan-sen is looking for Flat, the price is on Kumo and Chikou span lying on the price line so the long term trend is bullish and in the next 5 weeks Kijun-sen will continue to upward trend so the discount is not given priority. The expectation of BTC will increase this year is very positive.
The 3 ADX lines are consolidating, showing the trend is sideways.
8. Stoch is declining and not yet overbought.
The MACD is supporting the downtrend as the two lines of the MACD are falling down and the histogram of the yen is gradually rising. However, two lines cut but are lying on the area 0. Therefore, when the two lines cut back, the force is very large.
10. MFI money flow is not big enough to pull BTC up when MFI is trading around 31.8.

• CONCLUSION: The general trend is sideways and preparation for BTC's gaining momentum in the year. Thus, the most recent general goal is $ 28,000 and higher at $ 42,000 between August and September 2018 (August 20, 1818 or September 17, 1818).

II. DAILY ANALYSIS (D1)
1. Opening yesterday's trading at $ 8521 and slightly increasing to $ 8674 and then closing at $ 8364 and closing at $ 8445 (on the Bitfinex).
2. Thus, with the volume of transactions is not large and less price reduction is not strong can return at any time.
3. The current candle-lit candle can be a green candle with two red candles, so today we still expect BTC to create green candles for logic. Then cut 2 red candles on 27 and 28 March to complete 3 times the logic.
4. Considering the Bollinger Bands we see that the price after touching the bottom and the ring reached the middle of the Bollinger Bands. The BTC fell back quickly as the price retained the momentum below the Bollinger Bands. But Bollinger Bands are heading up without opening and the bands are down. Thus, the priority of forming W in this area before the price increase is reasonable when Bollinger bands are smoothing in the next few days.
5. We go to Ichimoku, the price is between Tenkan-sen and Kijun-sen and not reach the Kijun-sen so the price is still prefered to suck Kijun-sen at $ 9470. Cloud futures are getting thin and there are signs that investors are hesitant to move and change when they want to buy more than they sell at the moment. In general terms of ichimoku we see that Tenkan-sen is under Kijun-sen and the price is under Kumo plus Chikou span below the price line which will put downward pressure on BTC. However, if we go to calculate the future of Tenkan-sen then found that in the next day do not close the candle D1 below 8200 $, Tenkan-sen will start up gradually and if the BTC increased to $ 9177 Tenkan-sen will turn up very strongly, while the price still hit the Kijun-sen road at $ 9470 so this expectation is perfectly reasonable. In the next week, Kijun-sen is still flat, so important is the movement of Tenkan-sen. Thus, although the general trend of ichimoku still indicates that the BTC will fall but some of the waves are echoed when the Kumo cloud is thin and argues some points to the Tenkan-sen increase again and the price attracted. Kijun-sen at $ 9470.
The ADX is still in favor of the downtrend, but the ADX is slowly moving up the third mountain. Therefore, if we consider the ADX wave, then in the short term, BTC will complete the down cycle.
7. Stoch has cut up signaling the uptrend.
The MACD is shifting to the uptrend signal, the histogram is above 0 and moving sideways. Two MACD lines are close together. Therefore, if the BTC continues to fall sharply at $ 8200, the MACD is likely to bounce back. Then the market will bleed blood and $ 5k or $ 6k is not a problem.

Given the volatility of cryptocurrency in general, is it worthwhile to try using options during trading? Particularly, the long straddle or long strangle would imo be ideal to profit during large increases and large decreases. Note that this way you wouldn't have to actually "own" the cryptocurrency.
I'm hoping for 1k! It goes down 1k a week it seems like so we got 6 more weeks to go! I'm holding what I have too and I'm super happy people are selling.

There are still too many scarred by the crash without mass exuberance to counteract it. Until we are free from the"BULL MARKET COMING" messages and until despair and hopelessness saturates the market, we will not see any definitive upwards momentum. We need a clean wipe of any non true hodlers. Determining what price that is is the hard part. Hodlers who choose their cost average prices wisely with small % strikes at these buy in points are the real winners. If you have no capital on the sideline then you will no longer be a true hodler if you keep checking the price... you will wilt. I will make money and I will be rich because I choose to and I will not give in to emotion and I will buy a little here and little if/when it goes lower. The choice is yours.

Bitcoin and altcoin, which investment will bring more profit.
Nobody is unaware that bitcoin now accounts for more than 40% of the total crypto market, and it is not difficult to say that bitcoin is king, and altcoin is the prince, princess, and king's son. altcoin decline quickly and without end is very normal. It is common practice to drown the whole bloodshed market when btc drops or grows quickly. So now we can keep ustt or btc to wait for double profit with altcoin!

I think part of the problem with peoples opinions here is applying logic of other markets to one that almost no one understands.

I heard it put well by someone the other day that it is extremely rare if not unheard of that a ‘new’ technology is made so publicly available for investment.

If you take the average tech start up for comparison the chance to invest is normally reserved for the likes of business angels and venture capitalist not Joe public.

All of a sudden you get a bunch of people, including me thinking that things look good or bad with no real experience in how ‘things like this’ really work in the long term or where we truely we in terms of the cycle

This is a point often overlooked by borrowers.

Many people were also likely buying cryptos with their credit cards. Many large banks and credit card companies have announced they will no longer allow crypto purchases with credit cards.

It makes you wonder just how much of the crypto fad was fueled with borrowed money.

No I wont shit my pants I promise you.

It could fall to $1000 tomorrow and I’d still be far in the green. But thanks for your concern.

Moreso, a reversal back to the 6k support level would only delay the inevitable return to previous and new heights once the next wave of investors pours in. I agree 6k is very possible. Maybe even 5.5k. Ive preached this possibility for the last few days in here myself.

Bitcoin has crashed before, it will crash again. And agin. And again.

What history actually shows is that the crashes only propel it to greater heights in thr long run.

So that’s why you and your deliberate FUD are harmless and try as you may, ultimately ineffective.

I also browsed your comment history and saw that amidst the constant fudding, you got out of Bitcoin during the Gox era - which is very telling - if I sold @ $1000 id FUD too in hopes the price would fall back down.

Is Venezuela issuing virtual currency a cause?
Are you from Venezuela? Im curious to know how Maduro is educating folks about cryptocurrency. Because if he wants to push the petro, he has to educate people about Bitcoin, Ethereum, etc. And show people how to use it. I recognize it is not an ideal situation, but could this help actually the Venezuelan people out as cryptocurrency was intended to ??
So far there has been no proper education about how to use cryptocurrencies or store them. What they have done is to attract public attention to cryptocurrencies in even more. At least here in Venezuela They are popular because of their usefulness in the economy which is controlled by almost entirely by the government through exchange controls and prices which makes people escape from economic controls to protect the wealthy bitcoin, ethererum and so on.

Fast - Well... not really, compared to other crypto's or even traditional modes of transaction it isn't that fast. My bank transfers take about 2 hours to process, btc... not so.

Unstoppable - Just the threat of government bans, not the actual act just the threat thereof, caused this thing to go from 20k to 7K. Doesn't seem particularly unstoppable to me.

Decentralized - 1000 whales own 40% of the currency. The majority of mining is done by the same dozen or so, Chinese mega farms, I'd hardly call that decentralized.

Accessible - Someone has yet to complete one of those, "survive off bitcoin for a week" challenges. Then there is the fact that it is nearly impossible for someone new to get into mining it. It is also a miserable store of value, losing and gaining 70% at will. It's hard to use for payments, it's a lousy store of value, mining it is a pain unless you got many thousands of dollars. How is that accessible?

Massive - No idea how this is an advantage.

Exciting - This is an opinion. To the people who into this late December it would be far from exciting.

New - It's 10 years old, hardly what I'd call new.

Transnational - Ok this is an advantage, it's international, nice. But then again so are all the other forms of currency. The dollar is far more international than BTC will ever be in any regard.

Autonomous - Sure it is, but as soon as a single government threatens with action, it roles over and loses 70% of its value. It is dependent on Chinese miners and about 1000 people who own the vast vast majority of coins. It has about a 100 dependencies, if a single one of them gives out, it spells doom.

Low cost - What is low cost about it? A bitcoin currently costs 3 months wage for the average person in the west, 3 months ago, it was 10 months of wage. Mining it costs you a leg and an arm. Transactions are as expensive if not more expensive than traditional modes of payment processing.

Safe - Very safe, exchanges only get hacked like 3 times every month. There is no fraud protection, so if you invest in something, you're fucked and then you have to run to uncle Sam to beg to get your duros back e.g Bitconnect. But I have to admit, the underlying technology is pretty safe, but is so user-unfriendly people have to resort to other less safe applications.

I don't want to be negative and I know that this is off topic but I can't for the life of me understand why any grown adult would want to wear something with a stupid meme slogan or something with anything on it related to bitcoin. I'm sure people can already see that they're nerds without wearing something so goofy.

Which brings me to another point. The bitcoin symbol/logo is stupid looking as well. I think it should be reworked in order to be taken seriously. It looks like it's out of a 1950s comic book.
People using btc in commerce is the only reason it is worth anything today. Everyone going on about "oh you should have held onto those btc as they are now worth X" it's a moot point as those very transactions are the reason for its increase in value and without them btc would still be worth basically nothing. Good job man, I'm excited about LN and the impact it will have on the space in the coming months.

To each there own, but I've found a plan that works for me. I'm always open to alternative ideas, but dollar cost averaging and long term hodling minimizes tax obligations and stress, as well as timing risk. I know what I don't know; I'm not convinced I have a competitive advantage with day to day trading. There are some very smart, very weighty, very experienced, very leveraged players right now - they are the movers.

Part of my personal investing thesis involves watching the technology and getting out if anything 'breaks' or is proven obsolete. That hasn't happened yet, this price action is all surface level manipulation by large players that doesn't truly concern me. My sights are on the horizon.

Well the hype has certainly died down since last fall, but I fully expect another bull run at some point. You can sell now and hopefully buy back in lower, but at the end of the day, it's all just gambling. We may not see another all time high for several years, or maybe we will see it again this year. It's anyone's guess. I panic sold mine last month at $8100, hoping to buy back in at $5k, but that didn't work out too well. If I had just waited until the next day, I'd have a lot more USD to put back into Bitcoin one it reaches what I think will be the next bottom. You do what you are comfortable with, and take what I say with a grain of salt, coming from someone who managed to go from 75 BTC to 24 to almost zero when Mt.Gox took them all in 2014.