Shadfurman

It's supply and demand. No one can know for certain why people take collective actions, but you can study the indicators to have a good idea when which changes are starting to happen. There are quite a few good books on market psychology for traders. What people mean when they say bitcoin is going to go up is that they hope it will go up. Anyone who tells you they know is lying. People that HODL are investing more in the long term promise of the technology. If you're worried about short term down terms, that's fine, you want to study short term trading tactics, such as technical analysis. Bitcoin volatility is mostly due to low market cap. Smaller markets are more volatile. But volatile markets are more profitable for short term traders.

All of them will go to zero eventually... It's not much of a prediction. Nothing lasts forever.

It's lagging in development, especially the UI. Otherwise I like it, I hope they develop it better.

For me, you have it backwards. I only use fiat because my job pays me in fiat, my landlord and grocery store only take fiat. I'm practicing day trading and moving money into wallets by untraceable means in preparation of expatriation. After which I'll still carry local fiat foe whichever country I'm in, but the vast amount of my wealth and business will be operated in crypto where I can.

No government will be the downfall of bitcoin, the developers and market competition will. Blockchain and decentralized ledgers will be the downfall of governments. Bitcoin development is adopted by consensus, so it can evolve to compete in the marketplace of increasingly new currencies, but eventually, something better enough will come along and take market share away. Bitcoin started as a proof of concept. A prototype. The fact that it's still around is only evidence of the resilience of the idea, but the idea is still in its infancy. It will evolve to encompass nearly every subject and aspect of life, much as the internet and transistor did.

A currency is an intermediary exchange of value. Right now people mostly speculate on it, but to use it as an investment isn't smart, as it has no inherent value. You get paid in it, and use it to buy something with value, unless you're also speculating. There is a lot of money to be made in speculation. There are cryptos with inherent value, this means there is something of value besides just the supply and demand of a limited resource. Some currencies can be used for smart contracts, or to run software, giving them inherent value. Some currencies are backed by storage space, giving them an inherent value. If you're going to invest in something, you want it to be backed by something of real value. While the ability to exchange value is an inherent value of its own, I wouldn't "invest" in it. I would buy the lows and sell the highs. Put money long term into resources and technologies that are growing in wealth, which means they're making something people want better or cheaper than it was before. ✌

Nexo wallet Brave browser Coincap These are the only ones I really like.

The most risky thing is not knowing aka guessing aka gambling. Have a thesis for why the price is going to move, if it doesn't follow your thesis, you don't know what's going on. If you don't know what's going on, it's risky. Technically, knowing nothing else, shorter would be less risky, less time for the price to move. The benefit of holding long is less time cost. Good luck! 😁

I'm not a great trader, but some basic technical analysis can go a long way to taking the randomness out of price movements and judge good entry's and exits. I use mostly; Support/resistance Trends Consolidation Volume analysis

Oh seriously? Here I'm commenting away thinking I'm getting 1000 sat/post ... I'm probably only on post 10. *sigh* at least it's a decently interesting forum. J might actually keep using it.

ro9rne2jb3 So I just post the code here with a positive commentary? I'm positive this is confusing, but I'm having fun! 😃

What are your favorite crypto centric and/or crypto adjacent companies? I like the 0x platforms. I like steem, but feature and design wise it seems to be lagging. I'm looking at blockfi, nexus, Celsius, and cred for stable investments. I'm still trying to find an exchange I like, just using coinbase atm. Long term I'm trying to avoid KYC verification, so I want a list of companies for when I finally take the leap, until then everything is square and legal, so I'm looking for those too. Any rental/real estate companies use crypto? I haven't found a lot of developed crypto business beyond exchanges and loan investment companies. A few social media sites that barely rise above proof of concepts. What are your favorite crypto companies?