What are you doing right now in this bear market?
Do you think we are in a bear market or is it just a correction?

The Bitcoin phenomenon, which has recently become a topic of discussion in the field of investment, has attracted considerable attention. The price of Bitcoin which had soared so high in early 2018 has produced a lot of sudden millionaires as a result of investments with multiple profits.

However, at the end of 2017 there was a market crash which caused bitcoin to drop dramatically. Recovery that occurred in the period of December 2017 - January 2018 is not enough to maintain the bullish sentiment of bitcoin itself. Of course, bitcoin owners who are already buying when the price is high experience a very large loss, not even a few who experience the Margin Call or the money that has been invested in the bitcoin trading account.

Of course this is a pretty scary experience for traders or bitcoin investors. Especially considering recently there were also issues where several payment companies and leading online stores expressed their refusal to use bitcoin as a payment instrument (Paypal, Amazon and Alibaba).

Even so, the movements that occur in the bitcoin market actually show very different things. The issue that came out on June 27, 2018 did not have a significant impact on the price movement of bitcoin where the issue actually raises a signal that there is a possibility that the price of bitcoin will re-strengthen.

Technical analysis of bitcoin price movements indicates the possibility of forming a Head & Shoulder inversion motif where this motive is a strong feature of a reversal of the price. This motive usually arises when the price moves in the peak area or base where there are buyers who are ready to buy at an area of ​​5000-6000.

For those who are already familiar with trading, of course, know the quote from a well-known investor, Baron Rothschid, who said "Buy when there's blood on the street" which, if we compare it to what happened to bitcoin, of course the market crash has swallowed so many good victims from retail investors and traders where at the moment this is actually the right time for those who want to speculate on bitcoin because the 5000 price limit is a Fair Value limitation if we previously made an average of price movements that have occurred in 2016-2017 ago.

Therefore it is not surprising that if the price is not able to penetrate more than 5000 then the price will move up again to try to catch up to its previous glory. Along with the development of the digital era, it is certainly not surprising that in the future there will be a paradigm shift in the payment method whereby bitcoin is again seen as a digital exchange tool that has prospects and can facilitate various payments much more easily.

Finally, although there is a possibility that bitcoin can regain its value that has been lost, it is only an analysis and is still a probability. Therefore, remain wise in investing. Greetings of success for all of you 

If bitcoin were to be accepted, on the condition that it should be regulated. Do you think it should be done, disregarding its decentralized nature?

The continuous decline in Bitcoin prices may make investors very nervous and many people have lost confidence in Bitcoin as well as crypto.
This is a very normal psychology and nothing strange in life, in any field, there are two emotional state is governed by FEAR and GREED.
Especially in the financial market, not just the crypto market, when prices are rising, people often feel GREED, focusing only on positive trends and never thinking about trends. Negative, when the price goes down, then the person feels FEAR, then focus only on the negative trend and never thought that everything would be positive again.
Talk about this for people to imagine that believing in a current trend is only relative and timed, so look at the market trend with an objective eye (out-of-game) so that If not, then it will not be absorbed in the psychological game of the market. Finance is a game of psychology!
What do you think about this?

How is trading cryptocurrency different from stocks and forex trading? Read on to know more.

Source: Forbes

https://www.forbes.com/sites/quora/2018/02/16/how-is-trading-cryptocurrency-different-from-stocks-and-forex-trading/#79cd942b4594

The 10 Largest ICO Fund Raises: Eye-Opening Successes, Controversies and Lessons to Be Learnt

Initial Coin Offerings (ICOs) are a great time to invest in new projects, as they are set at reasonable low prices prior to reaching the markets. This being said, let’s take a look at some of the successes, controversies and lessons traders can learn from the top 10 ICOs. This is will one to identify the strong from the poor projects and what to watch out for prior to making large investments.

Petro (PTR) – 5 billion
Petro has raised the most money in its ICO stages compared to the others that will appear on this list. In addition, it has been the most controversial to date. Petro was created by the Venezuelan government in early February 2018.
The controversies tied to this ICO is not necessarily on the project, but the country and the political stance itself, as Venezuela has been in the worst economic crisis for some time now. This raises the question of who actually invested in the project. It has been reported that Russian officials are the ones who helped Petro lift off. Furthermore, the US government has banned its citizens from trading it, while Venezuela’s lawmaking bodies have declared Petro as illegal as well.

EOS – 2.5 billion
EOS was created in the hopes of improving a better blockchain platform for decentralized applications. The project combines both the security feature attached to BTC and the computing power of ETH. Many people have invested in its ICO due its scalability and ease of use, which are two features many have failed to incorporate.
Unfortunately, with any success comes controversies and EOS was troubled because of its ICO structure. The ICO structure is said to have used a continuous distribution model over a one-year period. This had many assume that the approach was mainly done to drive speculation and get investors budding heads against each other.

Telegram (GRAM) – 1.7 billion
Telegram is a social networking app that has grown exponentially and has reached over 100 nations. The approach taken by Telegram in raising funds for GRAM coin is commendable, as it is one of the only projects known to have accredited and sound investors in the US. So, how much can one expect to invest in a GRAM coin? Outsiders can expect it to cost them $20 million, whereas friends can get hold of one for $500,000 each. This rises a great concern, as the distribution appears to be centralized. This not only limits equal access for everyone, but it seems to promote the notion that the wealthy only can get a coin.

Dragon (DRG) – 320 million
Dragon is unique because it is backed up by real-life, physical asset, a floating casino. This means that those who are holding DRG coins will be able to make real-life use when the new casino is built.
The casino is said to be built in Macau, allowing the country to experience a whole new perspective for its gambling economy, which is said to be 20 times that of Las Vegas’ gambling sector. When considering its ICO, the project stated that 20% of the funds raised would go towards getting the construction of the casino started. The remaining 80% is said to be paid by the Norwegian government. Of all the controversies Dragon faced, its recent connection to the scandal surrounding Cambridge Analytica had many questioning the project.

Huobi (HT) – 300 million
Huobi is one of the top five exchanges known today. Due to other exchanges who had gained popularity through their own native tokens, Huobi also launched its own called the HT. Instead of introducing the ICO to the public, Huobi only gave purchasing access to the user active base. What got many attracted to this respective coin is the users’ ability to use it as a utility token on the Huobi trading platform, which results in much lower transaction fees.

Hdac (DAC) – 258 million
Hdac is notably the first every IoT contract and payment platform that makes its services possible through the use of blockchain technology. Hyundai, South Korean car manufacturer has been supporting this project from its start, which shows the reason why it was the only region to have given large support compared to others.

Many were disappointed with the fact that Hdac failed to show how it is different, especially from IOTA, its main competitor within the industry. Another fact that surprised many is that Hdac only sold 7% of its total supply during ICO. This might be problematic in the long run due to the rampant inflation upon its release.

Filecoin (FIL) – 257 million
Filecoin was created with the intentions of providing users with a decentralized file storage solution that will allow users purchase extra storage using the FIL token. Its ICO was launched September 2017 and was known the most successful in that time. Unfortunately, like Telegram, Filecoin focused more on accredited investors, as opposed to making it available to everyone of all asset holdings. More as to whether FIL will continue to gain value is too soon to tell, and it will be an interesting journey.

Tezos (XTZ) – 238 million
Tezos was favored by many because of its promise of creating a new built-in consensus algorithm. Most importantly, it was strongly backed by capitalist, Tim Drape from Silicon Valley. The ambitious project goal behind Tezos was what drove its funds outrageously. Unfortunately, its co-founders, Kathleen and Arthur Breitman discovered that the Tezos fund manager, Gevers, gave himself a $1.5 million bonus without consulting with other members. This not only led to a lawsuit, but the anticipation since the ICO is said to have reduced drastically.

The DAO (DAO) – 168 million
DAO, Decentralized Autonomous Organization, launches its ICO in May 2016. A lot of traders were anticipating its launch as it was a project that solely focused on creating a decentralized venture capital fund at the time. Ultimately, the goal was to create a voting system that would allow the community to make crucial decisions regarding to how crypto project fund managers should distribute raised funds.
The entirety of this project, according to the members of DAO seemed to be the most decentralized possible, but unfortunately, a major hack after the IC) resulted in a loss of 3.6 million ETH, which is equivalent to 33% of the entire funds raised. Because the team was unable to recover the loss, a fork had to be in place to reverse it. Therefore, the network became two, Ethereum and Ethereum Classic.
Another controversy that was faced by the DAO tokens is the continuous legal battle against US Security and Exchanges Commission. The ruling deemed DAO tokens as possible violations of national securities laws.

Sirin Labs (SRN) – 158 million
Sirin Labs and Foxconn has been working together to create a blockchain mobile phone called Finney, which might be hitting retail stores for $1000. The project was created to ensure that users can pre-order Finney using SRN tokens. Instead of using centralized apps like Google Play or the Apple App Store, this project will allow users to download and use dapps directly from their mobile phones. In addition to the blockchain mobile phone, Sirin Labs has also put in efforts to create a software that would allow users to convert ERC20 tokens via Finney. Clearly, user adoption is a major concern that Sirin Labs has placed importance on and the steps taken on the team’s part is very apparent.

All of these ICOs have raised largest funds to date. While some grew into popularity due to controversy, many have achieved success through the strong projects that had many waiting for its arrival. This should give traders an idea as to what to look into prior to investing in ICOs
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The Federal Ministry of Finance of Germany stated that purchases for bitcoins will not be taxed, since the crypto currency is a legitimate means of payment.

The Office published its decision on February 27. In the document, the regulator refers to the European Court's ruling of 2015, which sets a precedent for all EU member states.

The court ruling says that crypto-currencies are considered a legitimate means of payment and that therefore the transactions for the payment of goods and services with their help should not be taxed:

"So-called virtual currencies (crypto-currencies such as bitcoin) are considered equal to legal means of payment if these so-called virtual currencies have been accepted as alternative and contractual means of payment by the parties involved in the transaction and have no other purpose than to use as a method payment ».

Conversion of crypto-currencies to fiat and vice versa in the decision of the European Court is classified as "other taxable services". Thus, the party that acts as an intermediary in this exchange will not be taxed. It follows that the operators of crypto-exchange exchanges can receive exemption from taxes "if they complete the purchase and sale of bitcoin as an intermediary on their behalf".

Commissions to miners should also not be taxed, since they are paid on a voluntary basis.

We note that earlier this year the head of the Bundesbank Joachim Wuermeling (Joachim Wuermeling) said that the regulation of crypto-currency should be carried out on a global scale. And the head of the European Central Bank, Mario Draghi, believes that the ECB does not have such authority at all.

Currently, the European Commission is preparing an action plan to prevent financial crimes using crypto currency.