Another way that newbies can run out the dip is by converting of their hodling to stable coin like BUSD or USDT. When they do this the value of the coin is hold stable without increase or decrease until the time to go back by reconversion to coins. This strategy works very well to retain the value of a coin to whatever time you like it and not to allow it dip or sell in panic.

You are probably looking to profit in all angles and life doesn't give us that. You either lose some and gain some. The long and short of it is you need to tether your money when you observe drop in price and you can enter again in the market to buy when price is about to rise. This is what you can do if you can identify the times to make the move.

Don't always believe that trading is about luck because it is not same as gambling. Do your rigorous training and learn about what it takes to trade, it is not considered as luck. There are guides that you can use to prevent your loses to be huge and if you can pick more pips as profit than pips that you lose then you don't see it as luck. You need to learn the ropes to a better trade, learn technical aspect of trading because it is important.

An experienced bitcoin trader should already know how bitcoin movement happen that usually after the bull comes correction and the correction can keep dipping until investors starts to enter again. This was what happened during 2018 to 2020 . Whales may not determine market to move when it is already have not got to support level

I think the success stories of cryptocurrency is going to come more by the end of this year because the population is increasing and more benefits are on line if we do the proper investment and not go buy coins that are already dying.  There are different benefit apart from investment in cryptocurrency, we can save funds with it, we can stake some coins, it makes payment easier and transactions in cryptocurrency doesn't expose anyone to security threats, the anonymity is locked for everyone. There is in fact good life with cryptocurrency.

The free signal channels are mostly turning out to be demanding for money after they get you interested. If you  are certain that it is free you can share performance here and not to require link to telegram first. Sometimes telegram channels become distraction to trading because relying on it won't help to build personal trading skill.

Trading as you said is very risky and the reason some choose gambling is because they believe one day luck will contact them. Trading is based on analytical skills but gambling is not that way is a game by random. Regarding greed also , they both have something in common because you see a gambler that will keep playing to win back his money and trading too is greed that take people out of the market.

I believe that patterns may be deceptive because there are far difference in the volume of bitcoin 10 years ago compared to what it is at the current time. Investment in bitcoin have increased and I don't expect the kind of dip in 2017 to happen now.


No one can claim to have price guarantee but I know halving is a guarantee 

Instead to plan selling off bitcoin because you want to buy some altcoins is not a nice step. Bitcoin is more trusted to invest into. You can instead of that do the reverse by selling your altcoins to buy bitcoin. You know bitcoin will rise with time but altcoins can disappoint. Again you need to know the altcoins community you are investing into some are not functioning while some are relying on being hyped.

I think this has been the movement of bitcoin. Maybe investors usually sell off some hodling to have fun and the panic rush starts getting price to drop. Take a look from morning, bitcoin opened with high and gaining strength but during late noon the trend started changing and price dropped. But I think it is going to pick up by the beginning of the weekend.

I was reading your support and resistance explanation and you actually made it clear that the longer time frame is better for it compared to short time like 5minutes time. That is true and you have made good chart there and help to beginners.
But about the support and resistance, for daily traders sometimes support and resistance is not what you need because is just a short time trade. Candlesticks are important if you are a swinger or short time trader.

The news you still need to hear is that the market has not changed. Losses and profit is still the business.

It is not to come back but what you have acquired to  sustain your losses because it must come in trade but how able you are to face the lows in your trade give you the success. An advise about trading is to look for means to cut your losses than how fast you want to profit.

I think every real trader that is serious about making money from trade will do a test of the indicators being used. Indicators are the vehicle that traders make profit and it should be taken very serious because trading also is serious thing. If you are not serious with it you are burnt out of capital. Except newbies that are still peddling with account and confused of what to do. Trading with one indicator won't help but a little addition of tested indicators will lead to success.

Is fast to say on bitcoin taking over from fiat but I do agree the level it has been accepted is increasing. There are places that lots of people are yet to understand the blockchain so how do bitcoin take over such places. Take over has to be total but for now it is yet to live into that level. Just few countries are positive with bitcoin and majority are not yet but building independent currency in digital.

Trading is more in risk than hodling no doubt because with trade you can lose everything you have but for hodling you won't. But in trading you can multiply your deposit into multiple times. This is the joy of trading because it is incomparable the daily profit if you got the trade adequately. Trading is surely not easy but trading in between the lines when the probability of making profit is higher than loss is safe.

And this looks a right time for the buying. Bitcoin has hit a point that it looks like a reversion is around. The price has dipped and possibly set for another drive up and buying spray is going to continue, this is what will spike the price up again. We can expect that this first half may be volatile like in 2020 and 2021. Obvious too is that altcoins will have some shake up soon.

I could see that the pull backs are coming up anytime there is dip. The dip from last year to this last one week of the new year has not taken away the bitcoin volatility to come back fighting. Like you saw the last weekend with price dragging around $40k but the volatility brought some gain above $40k. So $100k is possible if the bull come back normal.

I think it is total lockdown that affects the economy severely. There is no need for that, the vaccine is playing a huge role already stopping the contact rate. In the Omicron case, there is no total lockdown for countries who are battling with it so a new variant should also be handled same way Omicron is being handled. Total lockdown is a set back, it happened in the past when covid-19 pendamic had no vaccine but with vaccine now there is no need for shutting down the economy.

It is simple to know fake trading telegram and other social media group sharing signal when they are asking for financial benefit. A trader that is making profit really don't go around asking for money they rather milk the market for their money and share free knowledge to help others. Those who want to collect from you are not sure of themselves because if they do they won't ask for your money, the market is filled with money and they can take theirs from with if they really have a working strategy. Thanks for sharing this Op.

If this is going to be a solution to reduce inflation, the point is whether it has worked. Yes increase in interest rate is to discourage borrowing and reduce money in circulation but that has not been working following the economic indices. I think inflation is one big challenge that the world is facing this time.