It is true that keeping your coins in an exchange feeling that you have secured there is a mirage and unrealistic hope because anything can happen with the exchange. But in this matter, the exchanges collapsed and not that they were hacked, so except they are hacked, if only for collapse they can find a way to start repaying of people's fund.

The new generation is just battling with hard times, things are changing as government not taking up responsibility properly to help the people under them so the people have taken to gambling to survive for daily bread but unfortunately gambling is not easy to make win from so the people end up to lose the little they have to gambling. Just a few percentage that have winning from gambling and the rest loser's money are used to pay winners. Losers will keep making effort to get some win on there money but that is hard because not all players will win.

I think Forex is not the only trade that needs to be studied with care or that is complicated, cryptocurrency, stocks and other tradable items are complicated and needs attention very well because they are both really volatile. Although there are instruments in Forex pairs that are less volatile but trading gold or silver against USD is certainly volatile just like btc paired with USD.

I don't think IMO that bravery has anything to do with trading. Trading doesn't connect with strength but it needs knowledge and strategy and these two factors can help you to understand the market. Understanding the market is why you can relate with price and your emotion looks controlled. You don't really control your emotions but because you have knowledge about what you are doing, it looks like you are controlling emotions.

Very important. To gather shit coins in your wallet amounts to occupying of space for other precious coins, so a waste of time and money. I have invested that way as a newbie and it stayed in my wallet for very longtime without appreciating but it was only going down and I decided to sell and now don't like just any without use case. Doing a good research is helpful.

We all are aware that banks are regulated by agency and government which makes it centralised. Any financial system that is centralised means it is controlled. If banks ask for how much you want to withdraw or how to spend it, it is more of craving into someone's privacy and bitcoin isn't regulated, therefore no such issues as limitation would arise. The only limitation is that exchanges are trying to force some kind of kyc on users and limiting the amount of btc  daily withdrawal.

No losses is part of cryptocurrency trading is like business that you lose sometimes and you gain at the next time. So just like trading crypto, you may still lose despite that you have adequate knowledge or an expert. The reason that you lose is because there are uncertain circumstances that can get the market against you such as fundamental which is news , News can suddenly hit the market and if you have a running market as an expert, it can go against you. So every trader whether new or old can as well lose.

If you have done necessary complaint then you can be a little more patient to resolve the issue. The service center is probably going to attend to you on the complaint. Cex like binance is having active response team to look into the issue. Newbies should be careful as you suggested as well.

You don't need the doubt. Last year was far below what the price is today or the ATH but here we are with it. In fact last year was around $3,500 at its lowest and started picking around 4k until covid-19 came and the price jumped. Now what to know are the factors likely to cause price increase, surely halving is part of it coming closer.

Surely time will tell but my point is that it may not turn out to us like it happened in 2 years and three years back. This time may happen differently with the halving coming of course you know bitcoin will become more sort after. So don't expect that type of dropping happened in the past, reversion may happen in between. 

I don't think the bull market for bitcoin is over yet with the sudden rise again today. Bitcoin don't look to have given out the fight and keep making moves up despite the drop or correction. The year ending is going to determine how it will be for the cryptocurrency but usually after bitcoin bull comes bear but now it is not certain if the bear has started it moves.

This contradict to where you said bitcoin is the future. If there is a moment of fall , that doesn't guarantee for a constant fall as you said "falling from now on" .You didn't show a chart that proves that and again you don't compare the past to now because there are more believers now than in the past and stronger hodlers are still accumulating including another halving in view.

What matters is the utility of the project, if it is cheap enough you need good research through social media and there community to see what people are talking and reviews about it. And doing your own analysis about it to take your decision, not just doing blind investment that regret will come.

Living a peaceful life is good, it helps you to even stay healthy but if you can't take care of your health challenges at the end you see being peaceful entails being able to take care of yourself and family.


Things are already going well with crypto space. In early last year, bitcoin was just below $4,000 and last month it got to ATH of around $68k. It dropped now below $50k and investors are refilling, hope you are doing same because times will also come that bitcoin will run into 6 digits


Yes life most times serve us back what we put into it. It is called repercussion. It is better to be good and simple.

Obviously it should be the old generation guys who don't want bitcoin to grow either because they plenty USD already in the banks or they are scared of bitcoin volatility blowing anywhere interms of direction or fear of bubble. The old generation is not just the old age level but some young people who don't believe in bitcoin are also classed among the old generation. Bitcoin ethusiast are sure bitcoin is the new way of thinking, they believe in it and are investing.

Whether we are talking about real life saving with the bank or keeping it in our houses/store or whether we are talking about cryptocurrency investment and savings all is about same purpose and that is for rainy days when you don't have you can fall back to it. For cryptocurrency it is better a longer time and buy large unit. If you buy large unit of coins, you are likely to turn into millionaire if the stroke of luck come to you when it goes up. This is the time for such savings as the price of bitcoin is trying to stabilize, the altcoins season is being expected, buy cheap and sell higher is how to save for rainy day.

Do you mean demo trading? That is good to try yourself on


This mentality to trading is a way to lose your money. Yes usually new traders tend to enter plenty of orders at same time because they don't understand the risk in it. Too many orders over labour your account and if the market goes against you into loses, you may lose all your funds in minute. Don't think about multiple trading until you understand yourself. A trade at a time for a start.

What I think is that you don't have to buy a coin base on it hype of being listed under a big exchange because it may just be a marketing strategy to get investors to buy and at the end never get listed there. It is better to buy a coin already listed on exchange and if they get listed in bigger exchanges then you are lucky. A coin can list in bigger exchange if it is a good project, don't buy shit coin and have high hopes for them to list in bigger exchange, you just taking chances. Is better to invest in launchpad and not having hope to projects that are not valuable.

A trader does not fear volatility, bull or bear if you have the right strategy to spot the trend. I only know that having a good stoploss strategy can help. The fud is that of uncertainty of the direction of bitcoin price by the end of this year but that fear should be for hodlers and not traders, therefore price recovering at$50k and above two days ago, dropped yesterday and went back up to $50k above is good for traders who are spoting the resistance and support levels, those are what matters for traders but not exactly same for hodlers.

It simply goes against the privacy of an individual whether a trader or not. The online trading is suppose to protect your identity against theft because you don't know the next person, hackers are everywhere also. The reason also is that decentralised and digital economy doesn't really require the data disclosure of the next person, you need to be careful with who you are dealing with because it is not a safe environment.