There are a lot of books available but trading is learnt from the market and it's first hand experience not through reading books. You can learn about indicators from YouTube too so why spend money on a book that you will never read again?

Basics of trading is enough to run the spot trades and anything other than spot trade are gambling - as a new entrant you would be happier and safer with spot trading.

Please don't get that idea that reading books on trading will make you an expert in trading. They won't and that is why there are so many losing traders.

If they are in need of money, and you gift them money, the chance that they spend it all away and come back to the state of poverty is very high. While a handful can be expected to be saving that money but you would be better off teaching them how to earn money than giving them money. Even then if they don't learn, then you can rest knowing that you have done your part.

Don't just hand over your coins to someone who has nothing. If they are in need only then give but keep it as limited as possible. Don't expect it back and observe if they learn a lesson.

Mistakes if not costly can help, though they end up being costly for most.

Dummy trading before actual trading has helped many newbies get the hang of trading, knowing how to handle panicky situations and understanding how the market overreacts when a movement starts. The types of trading other than spot trading at all gambling, they are requiring your knowledge of past charts and also the luck factor comes in to play, they are at higher risk than spot trading. Mistakes done in them will not teach you lessons, but take away a lot of money.

Simple get a job that gives you money salary or expand your business so your monthly income is more.

You cant just increase your capital wildly by investing, that takes time and reinvestment is the key here, putting the profits back in the cycle of investment. I dont see much more that you can do about this.

Not sure what you mean about "buying" more money. If you are talking about buying more assets, then it again circles back to the same thing. Your total spendable money per month is fixed unless you change it (first line).

Lack of trust in some big companies maybe but most of them rest are doing fine and stock traders don't really care as long as they are getting their daily bread on the table from their national markets.

What does concern is the added negative response from IMF on crypto and although that did not have any effect on the market as of now, it indicates that we have to keep fighting for long to be able to see bitcoin in a bigger place.

I do hope that one day bitcoin gets acceptance as an alternative to fiat and it's trading be made more streamlined.

This comes with practice because getting emotional is human nature while not getting emotional is the feature of a seasoned trader. Often newbie traders who did not take part in dummy trading take decisions based on emotions which tend to be wrong most of the time but there is nobody to correct them right away.

A background of trading in other speculative assets and dummy trading might help new crypto traders understand how the market works and when to trade.

Buying low and selling high has been an age old method to profit. This should never be underestimated and misunderstood.

Savings is a good habit and having money ready in case of emergency is an anxiety reducing factor when facing the odds. Many of the current younger generation do not understand this simply because they have not faced such things and probably their parents have handled it for them.

There is a scope to save money in every income cycle and this should be done by everyone.

Bitcoin itself has the idea of hodl till you can't. So it should be mostly saved and used as little as possible if you already have a fiat income.

Always trying to win is a human nature, it is difficult to accept losses or defeat or learn from a loss what their mistake was. Those who are able to do that are the tiny percentage who stand out.

Winning and earning are different. I believe winning is more applicable to the types of trading other than Spot, which Spot trading is a type of earning, because the former is a type of gambling with EV- while Spot is not.

Keep in mind that newbeis who never traded will get addicted to prediction games, futures and so on. But Spot needs you to rack your brains which is overlooked by money hungry newbies.

I will not go to the extent of reducing world poverty as that need way more involvement of governments than theymos running a forum with signature campaigns.

I can agree that many low income countrymen have been earning from signatures and they have perhaps made it possible to balance the fiat and bitcoin to cover major spending per month. To be able to post in this forum with decent post quality you need to be educated to a certain level and possess a working device with internet. Poverty will remove all these "luxuries" from people, which is the reason why I made the statement above.

This forum is made of a niche group from the world population, defenitely not the poverty-stricken class.

Chances are there that doge will go up but only if the investor has that patience to hold for more than several decades considering the age that they enter crypto or doge. If one is is looking for quick pumps they will be disappointed with doge.

Celebs will try to manipulate this coin for their own gain for years now and keep doing the same with many other coins. While naturally the faith in that coin is lost, some newbies will always be there as sacrificial lambs losing their money.

In short, it is risky than bitcoin. If you are willing to take it, make sure you prepare to hold it for years to come.

That is how greed being a sin has been explained by religion since a long time. Indeed, controlling your greed and being honest about your earning prevents even a less-experienced tech-poor person from the scam.

While it is certainly advocated to learn how these scams work in order to be vigilant and learn to avoid them, at the same time being able to control the sins of humans does have a good outcome too, even though you might not be a religious person. I think they are useful for anybody out there and not controlling them has long term effects that you will discover gradually.

These scams target the greedy people, simply speaking. Although it is wrong to assume that a trader hoping for bigger returns is greedy, there is a fine line between greed and and ambitious target.

The main point is self-control. Too much of anything is bad and if kept in moderation it can be fun and entertaining too. Just like alcohol, if kept in moderate amounts, although I strongly advocate against it and drugs.

In any such habit forming activity money is being spent to "buy" the fun and once it crosses the limits of fun and becomes a chase one needs to stop but that is the most difficult time to stop, just like pulling out before the peak.

Hence gamblers who are getting addicted and cant keep their minds off gambling need to look back at their change in habits to start controlling them.

We have had the escrow being an alternate account of the party and scamming the other party. Although those who are running a business of escrow for years and are trusted by their local members can be approached for a trade escrow. It would be better if trades are done outside the forum where the app mediates the escrow  by selected people without anybody knowing who is who.

We have a lot of caveats in trust, hence we must verify before trusting. We lack trust in each other since bitcoin is pseudo-anonymous and we lack trust in the market because a lot of pump and dump occurs.

In such situations it is always better to avoid getting involved to much to avoid shaking your mental peace.

People have worked hard to earn their money, it is natural for them to feel scared of the risk involved. There are measures to minimize the risk if you are willing to, like patiently waiting for the low price to be reached as per charts and then buying instead of going in at any price you see. Then observing what your local laws are regarding crypto. Learning how crypto related scams work so you know devise ways to avoid them.

This will take time to happen, it has been in talks internationally. It is a wild west but people are working to make money form it.

The infrastructure is good enough for daily necessities, I dont see others complain about the same. Try the different wallets available on desktop and android and see which one fits you. I personally found Electrum to be useful on desktop.

Is gold not volatile after so many years? Similarly no asset that has a speculative market is ever going to be volatile. Same with property, stocks and so on. Lack of volatility kills the rush for the investors.

You cant help it if they dont want to help themselves. Those who understood the mistake, stopped complaining and returned to trading.

Buying at the top is a common mistake and often done by newbies who jump into the market while it is making headlines in the fear of missing out (FOMO). Then these people having a unsteady faith on the asset attempt to sell when the market crashes causing the exaggerated dump.

To be honest, such events will never stop and we must make sure as veteran traders to capitalize on these events. Buying low when they dump and selling high when they buy.

It more like every altcoin out there is a scam or a rugpull or a shitcoin that has been abandoned, making it equivalent to a scam.

Whitepapers copied from another project, advisors being fake/stock images, non existant products and vaporware - this is a day in the office for altcoins that have been recently launched. You dont want to be a part of this shitshow unless you are not having anything else to do.

If you ask me, I would feel safe max with bitcoin but to stretch it, I can accept the top five altcoins. They have been performing well to stay in those positions for years which is why I suggest users to give a notice period of at least two years if not more to a newly launched project before investing.

Trading with gold in a physical shop is possible but seems tedious than using fiat though. I reckon the number would be abysmal if not worse.

Accepting bitcoin in a business a tough choice to make specially if you livinq country that is against bitcoin and in a bitcoin hating locality. Running a business is not a piece of cake.

I appreciate what the OP has in their vision but realism is important here. Accumulate bitcoin and keep that idea in your head for now. If you local laws are good then go for it.

Every nation has its pros and cons depending on what they have as resources and what they produce but in this context some countries are well poised than others. The former have become rich bases on that trade. Raw materials and final products have been the staples for years and I don't see it change in future.

Even though governments attempt to move this a positive reaction there have been little improvement over the years and some countries remain poor.

Don't let this dishearten you. We cannot change this overnight. I also don't see much use of crypto here.

You can get an idea about the project from the ANN but not more. You have to visit the website and attempt to track the people behind it to get more idea. Often the team members will be fake and you be surprised to see how many newbies have fallen for that and did not bother to check.

Always track the advisors on LinkedIn and text them about the project and see if they even respond or not.

A lot of research goes in to determine whether a project is investment worthy or a waste of money. In that sense, 99% are scams and you would be better off investing in Bitcoin.

It was founded as a currency alternative to fiat but has turned out to be a notorious asset for investment because of the speculation and the unregulated market.

I think growth financially needs a lot of effort from the personal side. It will not work with just ownjng bitcoin. You need to learn how to spend it and how to reinvest it. Otherwise you would just be spending without knowing.

Depending over Bitcoin is a good thing. But not every country has that scope.