Instead of doing all theses steps that you have mentioned, it would be much easier to make profits from bitcoin market if we are opting to hold bitcoins. Because holding does not require any knowledge or any strategy or any timing. You can simply do with your capital. I believe people who are afraid of taking risks in trading, definitely should go for long-term holding rather than struggling to learn the tactics of trading.

Yes, bitcoin market is slowly moving up and this is the reason many people are selling their gold to buy bitcoins. I am very much sure that in coming years bitcoin will be beating gold's marketcap as there are so many institutional funds are coming into bitcoin market compared to what they were doing with gold market for years. So, there will be no surprises on seeing people to be switching over from gold to bitcoin. This is a timely demand and people are obeying it.

But in my opinion, only professional traders can find chances to adopt trading as an occupation. Because, bitcoin market volatility is highly unpredictable which means most traders may fail time to time; hence adopting crypto trading as occupation may end up in big disasters over the time. But, the case will be complete different for professional traders as they know how to trade at times and when to stay away from markets.

Do not worry because you are not alone; almost 80% of this community had invested into ICOs and burned their fingers. If you are holding some bitcoins then you can easily erase all the bad memories. Yeah, just believe into bitcoins and bitcoin got all the potential to get us big profits if we opt for long term holding.

Just forget all those shitcoins you have collected so far and do not repeat your mistakes at least in future. But, keep investing into bitcoins if possible.

In smart contract mechanism, the devs are following some procedure to call it burning as they cannot recover those coins after the process of burning hence circulating supply will get reduced which ultimately will lead to higher demands hence we can assume prices to get pumped.

By the times of 2015, I have noticed people were too curious on burning bitcoin as well. They shared some unique addy and for which there is no privatekey is available (I have not checked how true that is) and people were sending bitcoins to that addy for burning to make bitcoin prices to increase.

Yeah I am also foreseeing that BNB could test up to $1200 levels along with bitcoin's bull trend.
Currently it is trading around 0.009 BTC and I am sure it will continue to test up to 0.015 to 0.02 BTC levels then according to BTC price levels then it may test between $1200 to $1500 levels.

But compared to BNB, I guess bitcoin holders must be enjoying the real beauty of long term holding. Because BNB entered into bullish mode in recent times but bitcoin is doing positive for almost half of year. Short pump may not be a preferred thing for long term investors.

There are many projects are adopting BSC by leaving off ethereum because of high transaction fee problems. When there would be a need of cheaper transactions and effective platform for dapps then binance may remain valuable forever. At the same time we cannot assure about attaining a stable price level in any near future.

Like many people are mentioning, BNB might be imitating the price fluctuating pattern of ETH. This way some experts are speculating about it will be reaching $1000 mark by end of this year. So, at least for near future it will remain valuable and profitable as well.

I had been participating into bounty programs for sometime long back but after calculating the rewards for my efforts I stopped participating any of bounty programs. Also, I have participated in some airdrops but one of them got me any profits. These all happened by the times of 2017/2018 and after that I am participating only on bitcoin related promotions and I am enjoying the rewards for my efforts.

I came to that decision of avoiding bounty and air drop programs after many people were sharing their bitter experience in these programs. If you would have gone for searching those topic then probably you might not have wasted your time and efforts.

Just due to unable to be bought by everyone, we cannot assume that bitcoin is a bubble. Even with the price tag of $64k, some one who has only $100 can invest with bitcoins and may enjoy 10x to 100x profits by holding it. I mean not everyone needs to buy one full bitcoin but they can buy fraction of bitcoins as per their affordable levels. So, calling a bubble due to huge price level is completely meaningless in my opinion.

The current price level may seem huge in your eyes but when bitcoin will be having higher value than today's price then you will understand how wrong you are on assuming and calling it a bubble. Because, people called bitcoin a bubble when it was reaching $1k for the first time but right now it is trading 60x higher than that.

Scammers are everywhere and we cannot do anything about that unless otherwise taking care of ourselves in all means. Because, scammers are really dangerous not only for beginners but even for experienced people as well. So being careful is the only solution here.

But what OP is stating here is, because of bitcoin people are retiring early and not contributing on the growth of the economic which might again turn against them like more inflation due to less productivity because of more number of early retiring people. But I'm not seeing it is a practical one but it is an over-imagined one hence I believe we can simply leave off this because it is not practically dealing with the current of scenarios happening around bitcoiners.

Yeah bitcoin market was stable last week but we are into definite bull trend right now. Usually before every bull market, bitcoin markets do stay stable for some time which could be assumed like it is getting power to leap or technically sustaining phase. Practically when bitcoin market is staying stable, investors will get more confident to buy more and currently we are seeing institutional funds are heavily contributing on this bull run and definitely they might have bought some big amount of bitcoins right now so we are seeing new ATH.

Big investors are known for nullifying the technical analysis and this is what exactly happening right now with the bitcoin markets; as per OP bitcoin was about to enter into bearish mode but we are seeing strong bull run again.

Why not so good? When people were speculating about $10k by the times of 2016/2015, most people here reacted in the same manner; just look into that we are right now. It is one of the possible price levels that bitcoin may test before end of this year but there is no technical things are available (at least from my side) to support those huge levels.

Regardless of where bitcoin market is trading, it is continuously attracting more investors and adopters which must be the enough reason why we need to consider about reaching $400k levels in this year. Moreover, you are seeing how people are interested on bitcoin regardless of current huge price levels still you are not ready to accept this prediction as a true thing. Really you are contradicting yourself .

Testing $100k may not be big task for bitcoin market any more but the big concern would be how far it may march forward beyond $100k because it is still April and we have more than half of year is awaiting to surprise us with some magic numbers. Just recall the 2017 scenario where bitcoin reached the much awaited target of 5 digits in November month itself and in next 3 weeks it got doubled.

So I speculate multiple doubling on the cart this year as well. This way $100k might be just a 25% of what would be the final ATH of current bull cycle. Yes, there are clear symptoms to test $400k by end of this year. Get ready to be surprised till end of this year.

That has been my case since about 20k and people still haven't caught up with it, most people did see that which is why we are at 60k but there are still so many people left who think that bitcoin is at peak point and it will drop from here. I just do not see how that is possible, I think it is not going to be that impossible to see bitcoin at 100k, that means nearly 40% profit and that is not something you can make in the fiat world, plus if you do some altcoins as well they could go up even higher.

Look at BNB for example, that was like 20-40 dollars only 2-3 months ago, right now it's nearly 600 dollars and that's just proof that if you can pick the right coin and invest, you could literally make enough money to change your life, not enough that you will never have to work again (depending on your capital) but a 10x to 20x increase in your portfolio would definitely change your life.

Nah, man I think it’s always best to avoid all these trading signal stuff’s and just learn how to trade yourself. My friend did this same thing, they called it a VIP trading signal and it was a group that was on telegram and they were lots of people saying that they give best trade signals, so he hopped on it and after one month he was even the one losing because the most of the signals that they were giving were totally wrong so he had to quit and leave the group.

So I can’t tell anyone that these signals are right, but I do know maybe there might be some of them out there that are good, but they will be hard to find. Although I do understand that no one can very much predict what will happen in the market, so the signals they are giving you is still under probability, they feel that’s what is likely to happen, so they give you the signal. I think right now copy trading is becoming the next thing, I have not tried them though, but I look forward to doing that soon.

Okay assuming the money I had was $4000.00 ,how I am going to invest the money? Well this is what my investment is like : half of the money I have now invested is in Bitcoin, and in a secure wallet, so let’s call that $2000.00. Then as for the remaining half which is $2000.00, I have invested in different cryptocurrencies on Coinbase which is an exchange, and for this money I have divided them and the list is as follows; bitcoin, Ethereum, Litecoin, Uniswap, 0x, Polkadot, and ADA.

So that’s it for me and I have not invested in any, I have just been holding these coins. If you check, I still invested extra money in Bitcoin separately on the exchange, which means over fifty percent of my money is invested in Bitcoin, and the rest now goes to the altcoins. I hope this is going to help you in making your own decisions.

Yeah, I too think trading is more lucrative than gambling. Imagine someone who is poor and gambling, do you think they will be able to get out of poverty through that gambling? Nah, that doesn’t seem like it’s possible, because they will be losing and also wasting the little money they have in that gambling, and when they make wins it’s usually going to be just some little change, while they continue waiting for when luck will shine on them, and of course it does shine on a few people sometimes, maybe like 10% out of 100%.

As for trading, yes it is also difficult, but there are people who are very good at trading that they turn it into their day job and they are making a living through it, but you can’t be make a living through gambling, like turning it into your day job and going to the extent of quitting your job, gambling is something you mostly do for fun.

I have been here for 8 years and been investing into bitcoin for the same period as well, and I can say that XRP is a shitcoin. Just because something has value doesn't mean that it should, that is not how things work, it ranks based on the adoption rate and if people pick a bad coin that means it will be ranked high. However that is the nature of crypto, it is not a new thing. For example, bitcoin is a good coin right? It's ranked as the first coin, way above anything else, 5 times more market cap than ethereum, 50%+ of ALL crypto, so it is great right?

Well if you look at blockchains, I can find you a better blockchain that was built just this month, let alone the past 11 years, which means bitcoin is only good because it is ranked first and the first one ever made and it has mass adoption, not because it has a good blockchain. Same goes for XRP, it is a shitcoin when you look at the blockchain and how it is so centralized, but people like it so it will definitely keep going up unless SEC shuts down the company.

Yep, they comply with regulations , but you’re forgetting that they are not owned by the government rather they are owned by individuals, and of course I know that there are stable coins that are decentralized, those ones as well does not belong to the governments.

Now let me tell you why none of them are going to be replacing fiat; the ones that are centralized and owned by individuals, since they are not owned by the government and are owned by individuals, government is not going to be accepting them as a replacement for fiat, so they are just going to be doing what they are best known for which is trading.

Then as for those stable coins that are decentralized the government wouldn’t accept them because they cannot have control over these ones. So if there is going to be anything replacing the money we are making use of right now it is going to be coming from the government’s central bank.

I agree; still not all altcoins are the same. For example, exchange tokens are having better future the longer we hold. I know exchange hacks and scams are happening these days in more frequency still holding BNB kind of coins for longer period will not disappoint the investors.

But, if you notice when bitcoin into bearish mode, most altcoin will be testing its ATHs. For example, ETH tested up to 0.11 BTC levels by February of 2018 where BTC was falling. So, this may not be a right time to book profits for most altcoins as bitcoin is just in initial phase of its 2021 bull run. If you are holding highly reputed altcoins then you may continue your holding until mid or first quarter of 2022 .