For me it is true that it is about risk management, even if you know a lot of trading terms, strategies and setups but if you do not have good risk management then you will still fail and cannot make consistent gains in trading. There is saying that risk management is one of the key for us to become a trader wherein we have high winning rate. Trading is a process and it is a long game wherein you cannot just become a good trader with one trade alone, newbies should focus on risk management first before they put large amount of money in their portfolio. If you want to protect your money while making consistent gains, try to learn how to apply risk management in your executions.

Just focus on what you want, you cannot force yourself to do trading if you do not have good skills in technical analysis. I'm a holder before but I switch to become a trader because my character doesn't suitable for holding anymore where I do not have more enough patience. Trading is good as long as you have good planning because it is more complicated when it comes to holding where you just need to have a lot of patience and self confidence in order to do it. Do not misunderstand that holding is easy because it also requires planning and risks management in order for you to successfully do it. You can do both of it but my advice is just choose one because mastery is important and you can become more profitable if you will focus in one area.

The economy will recover fast if the government will allow for the casinos to 100% operate but the problem is it is too crowded especially in traditional casinos that may cause to the growth of the active cases of the covid 19 virus and it is the reason why for me it is good if majority of casinos will just operate 50% in order to maintain the physical distancing and to avoid the growth of the virus. It is good that the government of France let the casino operate again and they are getting huge tax from it to fund different types of project that can help to their economy to recover. In my country the casinos are now starting to operate again but the problem is they remove a lot of workers because of the expenses and they are not fully operating wherein it is not yet crowded like before and the health protocol inside casinos are so strict inside the casinos. 

It is the last major resistance and it is the reason why the price cannot yet surpass it, actually the current candle is a deciding candle wherein if price manage to stay above $19,250, expect that the demand will increase and it can help to beat the last major resistance. But once the price did not hold it then expect that the bitcoin will have more time in order to beat the current ATH. Look at the bid and ask board wherein a lot of people want to sell at $20,000 because it is psychological and major resistance where a lot of people expecting that the price will reject once it touch it but once the price manage to break that major resistance, it is the sign that we can see that the bitcoin will go higher wherein it will create new ATH because the bitcoin will enter in virgin area where it is the first time of the bitcoin to surpass $20,000 and there is no resistance in that area that is why there is a high chance that a rally may happen. 

Take baby steps if you are just in the learning phase, majority of new traders are keep failing because they keep skipping the basics of the trading. They switching quickly in the harder concepts that can make them to be confuse more. There is no shortcut in trading journey because you really need to experience a lot of things. You should also be patient trader where you should not quickly expect that you will become a professional trader by just weeks or months. Trading is a journey and it is not a race so just be sure that you will have guts to learn and to master a lot of strategies in trading.

Not all of games are based on pure luck but most of games are based on pure luck like slots and dice. Poker is not a pure luck gambling because you need to have strategy in order to win because you can dominate the game even if you have bad cards. When I play slots, I usually choose 50-50 probability and I run it for hours until I achieve my current goal or if it reached my current limit. I monitoring it for me to see if I'm winning or I'm losing; there are times that I have consecutive winnings but suddenly market will regain it because of my wrong decisions.

Slots are also base on pure luck because you do not know what bonus and combination that you may get, you are lucky if you get 100x or even higher multiplier in slots. I play it but I do not spend a lot of time because I got bored sometimes if I just playing slots for hours.

I can say that the market is still in bullish state and for sure that there will be some altcoins out there that will have a strong rally or what they call going to the moon. The altcoin dominance is still the same because bitcoin is currently trending where its price doesn't yet exhausted and a lot of investors are focusing on bitcoin only but once the chart of the bitcoin become unhealthy, expect that there will some investors that will withdraw their money and re invest it in altcoin market that can cause to its dominance to go up. The altcoins are doing good especially the ETH where its price suddenly recover after it got bounce in its support. I'm currently focusing on ETH because of its current movement where there is something gonna be good that may happen.

XRP and ADA have similar movement in these past days, try to look their charts wherein you will see that both of them have previous rally and after they also make a retracement, both of them are also trending but ADA have more good chart than XRP. In terms of resistances, ADA only have 1 resistance before it finally reached its ATH while XRP have a lot more resistances before it finally beat its current ATH.

ADA is doing good but it need consolidation for a stronger rally and price breakout. If the ADA will beat the $0.18 and hold above it then a price surge may happen that can cause to its price to have double digit gains and more.

We cannot predict what will happen to the price of a certain asset by just looking in its RSI but we can have an idea on where the price may go, RSI is a momentum indicator wherein you can use in order to know the support and resistance, the current trend of the asset that you are monitoring and to know if a certain asset is already overbought or oversold area. Actually, I can trade cryptocurrencies with RSI and chart only, I already mastered how to use RSI. There are reversal patterns out there and continuation pattern that can help us to have an idea on where the price may go. It cannot really tell the future events but it is just a indicator that giving us convictions. 

I keep telling my co traders that they should now be prepared because there is possibility that the altcoin season will finally come, the bull run already started and there are only 2 possibilities and if the trend will suddenly die or it will become stronger. Look what happened to the price of the bitcoin, it dropped but the price easily recovered and it is now on the way to $19,000 again. Some of altcoins are copying the price of the bitcoin and you can see that the price of the ETH will break the $600 again. The XRP is also doing good even it has a recent crashed but the good thing the XRP also recover it easily.

Not all of the cryptocurrencies will live forever because we need to understand first how certain crypto gain value in the market, it is all about supply and demand and a certain crypto will not have a value if there is no demand to it. Kindly look at the current cryptocurrencies where majority are keep dying one after another because there are no investors or traders who want to patronize those shitcoins. A certain crypto will not lose its value as long as there are willing buyers and market participants. Those worth it coins like bitcoins and some altcoins have value that keep increasing because people have huge demand to it wherein there are many people who are interested to participate in that kind of market.

I expect that the 2021 will be a good year, my first reason is because we are currently in uptrend wherein the price of different cryptocurrencies are keep increasing and for me this year is still the accumulation phase wherein I expect that the 2021 will be prosperous wherein there will be a lot of opportunities that we can see and we can grab all of those for us to not miss that kind of moments. The second is the pandemic that we are currently experiencing where I expect that all of the countries will finally solve their problem because of the vaccine that will be finished at the end of the current year. The businesses will finally comeback and the employment rate will increase again where it can affect the whole economy.

For me it is not bearish because you just see a drop wherein the major supports are still holding, once the major supports break then for me it is only the time to consider that the price of the bitcoin is already in bearish trend. Look at the price of the bitcoin wherein it easily recovered after it got retraced, I actually did not expect that the price will quickly recover and I think many people accumulate when the retracement happens. For me the price needs to be stable inside the range and I want to see that the price will resists again in $19,500 but breaking it is good because it only means that we will see that the ATH can happen in this current year.

For me mining is now not a good thing even though there are now powerful GPUs that keep launching in the market, before I considered mining as good when the price of the bitcoin is still not high but now, I do not think that it is a good investment because of the expenses and also the time in order to mine coins. Even though I have a huge capital, I will not force myself to make investment in something that I do not have knowledge, I want to mine before but I tell myself that I'm not yet ready because of the maintenance and also my current knowledge and skills. I chose trading over mining and I do not regret my decision because I already have long journey wherein, I finally understand the basics and the foundation of what I'm currently doing. For those who will continue to make investment in mining, I discourage you but it is still your decision just make sure that you have knowledge on what you are currently doing.

Panicking is what we should avoid especially if we want to protect our capital in trading, it is all about having self-confidence and knowledge. Those two are important and it is connected to each other wherein if you do not have any one of them then you will not overcome the panicking wherein it can affect your trading performance. There is panic that is happening if you do not know what you are doing and it is the reason why experience is important because having a lot of experiences can help us to have self-confidence to execute our plan. Pressure in trading is normal but we can handle it if we have skills and also knowledge to determine what kind of strategy that we should use. I remembered before that I keep panicking but the good thing is I managed to overcome it because I have determination to learn about new things in trading.

He already reached the summit of his career so there is no reason for him to fight as a professional boxer again. Even though he still got the moves, he is now old to fight seriously so I think there is a big disadvantage if he will fight the younger boxers. Mike Tyson already changed and it is the reason why he fight because he wants to donate a lot of people who are having hard time to buy their necessities. Mike said that he wants to fight again as long as the money will be use to help a lot of people. For me I want to see Mike will fight the current champions in heavyweight division but there should be rules because Mike is now old wherein it is risky to fight younger active boxers.

He keeps clinching because he wants to prevent Mike Tyson to destroy his body especially his ribs wherein Mike Tyson keep giving Roy jones body blow consecutively. Clinching is a strategy in order for him to waste the time and prepare for a good opening. For me Roy Jones performance is not good even though he is younger than Mike unlike before where he keeps destroying his opponents with his powerful hooks. Mike is really a good fighter and his moves are not still rusty and you can see that he is still the Mike before where he is still doing his signature moves.

Proper education is the key, there are many ignorant people out there but we cannot blame them because it is not their fault. Look at the big institutions nowadays, this is the only time that they consider bitcoin as good because of its value that is increasing. Most of the individuals are having education but the problem is not all of information are valid to use because there are fake news and misconception in different society, there are still some who believe that bitcoin is only for crook people where they always think that using it is illegal. That misconception can change through proper education wherein a certain people can easily know when to use and how to use bitcoin properly without negative thoughts. The transaction system will improve if we have proper education wherein most of the people will become aware on how bitcoins works.

Participating in airdrops are not good anymore for me because they are not profitable unlike before where you can earn a grand in just 1 airdrop. There are still some airdrops that legit and giving huge reward but to find that kind of project is really rare because it is just the 0.1% of total airdrops in the market. Finding it required a lot of research and also choosing skill, that kind of airdrop is the big deal wherein your participation is really worth it unlike the majority of the airdrops are jokes wherein you can consider it as a waste of energy and effort if you allocate your time caring and participating in those shitty airdrops.

That's why skills in researching is important wherein a bounty hunter should prioritize and develop that specific skill in order to find a legit bounty project, not all of the bounties can give you returns and it is why I considered participating in bounty have huge risks. I'm a bounty hunter before but I did not continue it after I got scammed, the risks are high and it is the reason why we should not just join quickly in specific bounty project because the majority of it are not becoming successful and there are some who are just deceiving a lot of people. Invest in your education first and have improve your researching skills in order to know what projects you should participate.