You are right, in my personal case I never stop learning in crypto, it is not something easy as they say in OP because everything has its job, and this job consists of continuing to search for information, realize the possible fundamentals, know and be aware of all world events apart from having a financial culture about world economies, of the most stable countries, of having an idea of how the economy is moving in Europe, North America, and the Asian continent, because all that factor depends on many movements In the market, apart from trying to guess what whales can do, I consider that all that knowledge should be and applied to the market, I consider trading as a career, and every day something new is learned.

For me it is simple, I choose one of the currencies that I will trade, then I enter, and place the following:

1.-Stop Loss.
2.-Take Profit

For the Stop Loss I set it at a maximum of 10% loss, but I always choose less than 8%, and ak Take Profit I set it according to the Stop Loss multiplied by 3, that is, if my Stop Loss is 8% the Take Profit it I put in 24% and I wait until one of the two movements occurs, if I lose I assume my loss and otherwise what I do is take profits.

The trade can take days, 1 week or as long as necessary, usually it takes days.

There are many ways to protect oneself from inflation, but some that are very accessible to the community in general are given by some of the recommendations made by some economists in the country where I reside, and they are:

1.-Buy products that are inexpensive and that nobody uses.
2.-Keep Gold, precious metals saved.
3.-Try to have the money in Dollar or Euro, a currency that is strong, other than the local currency.
4.-Get rid of the local currency and change it quickly.

These are some measures that they gave more than 5 years ago, but currently the best option is to have or try to start a profitable business such as food, food, among others.

I agree with OP, because at one point I was turning the page with BTC, in 2017 there was also a fever called "ICO" which many investors got carried away and began to invest largescam results, of course there were some projects that turned out to be successful and still standing.

Taking into account the great relevance that it has, NFTs are the boom today, I do not know if the comparison with ICOs would fit, but at least it is having a lot of success with NFT games that are entering a large number of people taking advantage of the community of gamers, which this represents a great business model.Of course now give it the name known as almost a tulip, it is neither bad nor good, only time is what can give the solution.

You are right, cryptocurrencies will always be the option whether or not you have money, of course, when there is some money it is good to allocate some stand for some type of investment, with some luck it could generate multiplying the investment, especially right now it is fashionable the NFT, games, that are giving a return and some consider it even as a job.

When you do not have money to invest it is always good to find a way to have it, either with work, that is, they could think of doing social media campaigns, among others, that is a way to earn money online, but of course that implies reading a lot and analyze, learn if a project has a future or not.

This is a very important thing to talk about, since many people have lost access to their private keys, which is very sad, but looking at it from an economic point of view, the deflationary economy shines, that is, in the In the case of BTC, as it is limited to 21M of BTC, this makes the lost amount take much more value than the BTC.

And the more BTC is lost, it is more beneficial at least for those who are holders, or those who have a fraction of BTC, this makes it more valuable. Of course this does not apply to some tokens that are not limited, everything is also a question of supply and demand, in this case the market has a lot to do with it and with the manipulation of whales.

You are right, greed is one of the most common reasons for losing in the trade, you also have to take into account a reason that very few say but that is one of those that most affect traders, especially newbies, and is that they do not know how to use the tools that they have in the exchanges, many who are starting to operate do not know all the tools well, and because they do not know them they lose much more, some do not know how to use the Stop Loss, nor the "Take Profit" anymore Sometimes for not knowing how to operate within the Exchange, you lose a lot in commissions such as placing an order, taking profit, making a withdrawal, there are many details that few speak.

It is difficult when it comes to money and to lending to the family, because in general they can take advantage of the fact that they are family to have better payment options, the bad thing is that this use can cause problems between the lenders and the borrower.

I think that sometimes the same family is the one that can most harm you in terms of money, in my case it is difficult, because if it is to lend I take it as lost money, because otherwise it would cause problems within the family environment and for money it is not worth worth fighting. It is difficult but it is better to give the money as a collaboration and not the full amount.

Some strategies are still in place and are currently being made, for now some whales stick to it, some are basic, the FUD, FOMO, Market manipulation, all this is what should be taken into account.

Currently in the market there are many ways to trade, there is a way that many traders are taking advantage of doing, and it is the purchase of NFT that for many is profitable, another way they are taking advantage of the market is through the purchase of tokens of The betatests, there are a variety of markets within the crypto world that are yet to be exploited and that is the variety there is, in these cases the trading strategies are much more modern, because it is usually short-term trading, with pre-sale, among others.

I have no experience with the currency market, but I understand that one of the advantages is that the volume is consolidated, so the technical analysis is much more accurate than in cryptocurrencies. In this case there is also a lot of volatility, only the cryptocurrency market is much easier for me because I know the logic much more, besides that one of the things that I do not like about the currency market is that you have to use brokers where Most of the time they demand excess KYC, especially for brokers and it is very boring that you make profits in a broker and that suddenly you cannot operate later because you are from a prohibited country, as in some cases has happened to some friends. I think all of this is what most keeps me away from that market.

Great analysis as always Karl, besides that it is always fabulous to read great teachings, particularly since the safest thing on the market is this option, besides that you just have to wait and do nothing else, just follow up on what has been invested.

We must also take into account that this type of strategy is much more focused on investment than just market speculation, and above all it must be taken into account that the investment cannot withdraw until at least it has a good profit, otherwise it will transform in losses, for me this is the safest way to be successful, only that the sure results are shown in the long term.

In this case it always reminds me of what Robert Kiyosaki says: "If you know how to make your fortune again, you should not be afraid to start", then you cannot live regretting past mistakes, there are always new opportunities and maybe even better . In this cryptocurrency market there are always good opportunities, but you have to know how to look for them.

Currently there are many opportunities with new projects, with NFT games, with NFT projects that are about to explode, also the opportunities that arise from projects that are under Defi technology, coins that are in a great boom, that just by buying a little, It is only a matter of waiting a while to see gains, especially if you have help from BTC it is in bullish trend that all the alts begin to rise as well.

Yes it can, but I do not know what style of trading it handles, in my case to handle that type of capital I would distribute it 75% only to BTC and the other 25% I would distribute it in the alts market and some NFTs . Above all, I would do a good study for the NFTs that are exploiting with great success.

Of course, you have to be very careful to know how to choose the NFT projects to follow, some quickly become scams, as happened in 2017 with the ICOs, there was a lot of investment at that time and some failed projects that were not very relevant, and some that are still standing right now. It is also necessary to highlight what you want to achieve, whether to speculate in the market or simply go down the investment path, which is very different, and that other premises are taken into account.

I think that in order to know how to manage losses it is because there was no prior control, that is why whenever I can I recommend that the trader must first think about how much money he is willing to lose, most people think that the first thing to do is is to calculate how much will be earned.

Another thing is that you should not bet all the balance you have, I recommend only risking a maximum of 20% of the general balance, hence at least make 3 trades, and use the Stop Loss, the Stop Loss not to put it with that much percentage loss, which is much less than 10%, at least 8% maximum, and profit I always place 20-24%, if I lose I assume my loss, and if I win I do it with a good percentage, with the possibility of moving the Stop to keep earning even more.

The best investment advice I can give for now is to read the books by Warren Buffet, the book by Malkiel Burton, the reason is simple, you have to have an idea of how the market moves in order to make the best investment decision, I know that Warren Buffet's Investment tips are for the Stock Market only, but fully applicable to crypto.
With respect to the current market, investing in BTC is the best decision you can make, but you have to bear in mind that the ROI can occur in the long term, and I could not say how long to expect, but it is the safest investment I see, everything is knowing how long you are willing to wait having the money invested.

Investing in the alts is something else, it is an investment that totally depends on the movements of BTC, it is much riskier, but if you manage to find the best movement, the profit is very large.

It's a great way of thinking, for my part I will tell my kids to choose what they want to do. or what do they want to achieve? I will let you know all the directions you can take, and among those first I will teach you some culture and financial education, since no school teaches you about business and taxes, if you learn that I will show you everything you can achieve as traders or market speculators. , I will help them as much as I can and if they tell me that if they want to be traders, I will let them know that until they read at least 3 books by Jesse Livermore and Richard Wyckoff they do not start, this for them to create their own criteria before learning indicators and technical analysis tools.

Well 2-3% is not a difficult goal to achieve, what happens is that to ensure that goal you must analyze the market very well, it is much more likely to achieve the goal when you do a day trading, if every day you 3% ago is equivalent to doing 21% a week, and per month it would be approximately 84%, and the objectives increase, which seeing it like this is difficult to have as much profitability or constancy in winning, so uqe must have in ceunta that many when they do not achieve that objective fail because the numbers do not add up.

I think that if at least 3 trades are made in the medium term, or if it is done at least 1 month, the percentage that can be achieved could be above 20%, but in a safer way, that is why trading In the medium and long term, it is more likely for me to be successful than in the short term. My strategy is to win the 1st trade, if I lose it, I make a 2nd trade to recover and make a profit, in case I lose it, I make the third trade only to recover and exit neutral, but that is preferable to losing, in case of losing the 3 is that my analysis and market strategies are not in the correct vision, it would be necessary to assume the loss and establish another strategy without despair, the market always gives new opportunities.

As for how OP defines it, I think it is like that, it is a unique opportunity even for those people who are of limited resources, if we compare it with other markets such as the Stock market it is simple, only with some enough money you can enter, while that with crypto up to 1USD you can make a difference, of course at least 10USD would be ideal, but compared to many markets, the BTC market is very benevolent, in addition to that the market stages usually occur much faster than the same stock market.

An important movement in the Stock Market occurs every 8-10 years, according to the "fundamentals" that may arise, in this case we are currently experiencing Covid-19, which, it is normal that it has caused panic in speculative markets, while that the volatility of BTC makes the known market phases, such as Accumulation and Distribution, usually much faster.

As time goes by, not only will some see it as currency, it may not meet some standards, but JP Morgan banks are already accepting it despite JP Morgan going very against BTC, some economists, banks and Governments will never accept volatility, it is obvious, they will go to safe assets and stocks, such as Gold, among others.

Crypto currencies can never be of a nature like fiat money, their protocols are very different, this without mentioning that crypto is usually deflationary in nature while fiat money is inflationary in nature and its endorsements such as gold is simply a mirage. I think that the purpose of BTC still holds and with much more force as time goes on.If we take into account the examples of countries like "El Salvador" and possibly Paraguay, it changes every point of view of those who are enemies of BTC.

I think that politicians do whatever it takes for a vote, from my experience I only say that a politician is very difficult to tell the truth, although I do not know what politics is like in the USA, I imagine that it is different and that there they have more credibility, however support that wants to make New York a crypto-friendly city, this if they actually comply with it would greatly help the price of BTC, not only will more people enter the BTC market, but the demand will grow in a short time, making the price rises much faster than normal, when entering the big apple I think that BTC will have a big bullish trend, or a very big rally.

This seeing it from the speculative point of view of the market, now seeing it from the point of view of adoption is too good a strategy to publicize technology and especially the best alternative economy.