Para sa akin ito ang ilang mga dahilan na alam ko:

1. Ang pagbagsak ng bitcoin ngaun ay isa lang massive correction dahil kung titignan natin ang trend ng bitcoin nung last 4 months ng 2017, puro ito uptrend at walang downtrend. Ito ay nangyayari di lang sa bitcoin pero sa buong market.

2. Investors - dahil gusto na nilang magkaprofit, binenta na nila ang kanilang mga bitcoins. Common sense .

3. FUDS - Masakit isipin pero maraming newbies na nagiinvest na lang sa bitcoin without proper knowledge. Isang negative news lang galing sa internet ay ibebenta na nila lahat ng bitcoins nila kahit at loss na sila.

A welcome to you newbie. You want to start into trading but you don't know what to do. Let me share some of the things you need that will help you.

1. Don't go into a battle with no weapons. - What is this? In battle, a soldier needs weapons in order to win. Same with trading, in order to become a successful one, you need to gain knowledge and information that will help you in trading like for example. How to use indicators, How to use technical analysis. How to read candlesticks and so many more. Don't trade with no knowledge because your money will be gone like "POOF".

2. Trade emotionless. - This is very hard to do especially if you are a very emotional people. When I am starting in trading, I tend to put some emotions in my trading and what is the end - result? LOSS. WHY? Because when I saw my bought coin crashing down, I sold all of it at a loss because I don't want to lose my funds. Don't trade with emotions because emotions will eat you and your money. Trade calmly and no emotions involved. Smiley

3. Be patient - When traders ask for an advice, this is always the first thing they are saying but accept it that some traders tend to become impatient and the end, it will be a loss for them. If your bought coin crashed below your buying price, leave the exchange. Don't see it for hours or even days. Sometimes, we need to hold and be patient for us to gain profits. When I am trading and I see my coin dropped below my buying price, I'm reading here in the forum and I don't see the exchange very often. It will be stressful if you do that.

4. Don't risk any amount that you can't afford to lose. - You need to set a specific amount for you in trading that when that money is lost, you will not feel anything bad. In my first trading, I invested 100$ in trading. Lucky I am not at a loss right now but if if if my 100$ will be gone in trading, I will not feel anything because I can afford that value to lose. In order to do this you need some discipline too.

5. Don't trade by using signals from the pump and dump groups - I inserted this because I know that P & D groups especially on telegrams are SHIT.. PURE BULLSHIT. If you are a newbie, its better to learn how to read charts rather than hoping for the group to share some signals for you. Before they share a signal, they bought it already and they need people to pump it. When the time comes that their target price reached, they will dump into your face very hard that when you are about to sell it, you are now at a loss so don't trade using signals with them.

Hope this helps Smiley

Since most of the altcoins are based on the price of bitcoin, as the price of bitcoin falls down, most of the altcoins will fall down too. If there is a FUD spread across the internet, bitcoin's price will crash and so is the alts.

I think they can but in reality they cannot do it right now because many countries are supporting Bitcoin already. Japan, Philippines, Australia, Sweden and many more countries are supporting it right now and as years go by, more and more countries will follow their steps.

Para sa akin lang ah, mas ok na mag invest ka sa cryptocurrency and at the same time mag save ka din para sa bank. Pwede mo din idagdag ang maginvest sa stocks para maidiversify completely ang pera mo. Lets say 100% ng pera mo, 50 sa crypto, 30 or 35% sa stocks at 15-20% sa bank. Sa akin kasi, konti lang ang interest kung sa bank mo ilalagay ang pera mo compare sa crypto at stocks na malaki ang maibibigay annually.

As we can see the current price of bitcoin for the year 2018, it is not favorable for Bitcoin. Its because we are experiencing a massive correction after the huge spike of bitcoin last year. Its normal for bitcoin to have price correction because it happens anytime. I hope what happened last year will happen again this year .