I can spend crypto through gift cards. This leads to less fiat use that I would originally use since earning crypto is possible through my signature campaign while fiat earning is through day job. Hence the two sources of income mean more total income.

This may not be possible in all scenarios. There are countries with difficult to pass legal barriers to the use of crypto and for them this might not be possible.

Holding bitcoin for a better uee in future is another thing to keep in mind.

In my opinion someone who has zero experience of trading on any speculative market but claims to make money easily through trading is trying to fool the person in front. Those who have been trading for years know how the market works but not newbies.

You should not trust this person unless you verify yourself their claims. Chances are the person is a scammer attempting to fool you into giving your money.

If this is someone in real life, verify. If this is some internet username, then block them.

Savings in the broad sense is for the emergencies. But there are a lot other reasons why saving is done like hoping to buy some expensive item that I need or planning to buy a property and so on.

Expenditure is the regular spending that you would incur over a month or so. This should be kept separate from savings. I dont think there is much ambiguity regarding these terms. How people might be spending or saving is after all their personal choice and there needs to be a limit between the two.

The real thing to keep in mind is that spending should not exceed savings unless in cases of emergency, which should be covered in the upcoming months.

Gamblers cant take breaks, that is why they are called gamblers.

Addiction is such a thing where passion and obsession come into a dangerous combination and this leads to insomniac tendencies where a person continues to repeat the same mistake over and over hoping for a different outcome on the next attempt. This is the reason why gamblers get addicted over time and are spending way more than what they should have.

Giving a break and stopping gambling altogether is the real winning strategy against a casino but it seems like a surrender to many gamblers and hence their brain refuses to accept that. That is why this industry thrives.

The work a celeb is to promote a coin and reap the benefits from it and crypto being an unregulated sector becomes an easy target for such celebs. Today another celeb can come in and say that their product is going to involve DOGE and pump its price and then leave the stage while the moonbois are having an orgasm but they find out the market crashed while they were drooling.

The truth is that no coin is ever going to be big as bitcoin has been, so if you have not sold when celebs were promoting it you have missed the last chance, now you can just hold and wait for some miracle to happen and bring it back up again.

Whether some product of that celeb is going to use DOGE, depends on their choice, but dont bank on that.

You can listen to their experiences but you cannot trust any "pick" that they might have to offer. Because in a speculative market, one person's loss is another person's gain and therefore you can only trust yourself when taking that decision, besides it is your own money that you are putting at stake.

Someone might be a new trader here but they may have experience in other markets which you might be unaware of so never underestimate any person.

While older traders mostly make money by promoting their own products and courses you will rarely see new traders doing this. Because they have understood that such methods of making money are less more consistent, obviously selling books is way safer than actually trading.

It is fairly easy does not need a coin toss or astrology. You buy when the price of an asset has hit low and you sell when the price hits a high. In between you have to patiently hold. Do these three things correctly and you will profit from the difference.

The problems that come in are
1. Lack of patience to hold. Sometimes this period may be years before you see the profit.
2. When the prices keep dropping or rising. In this case buy/sell at different levels as the price goes down/up.

It would be foolish to think of this as a coin flip, you would devastate your possible assets on hold if you trade based on 50-50 chances.

At one time they paid more than what a signature campaign paying bitcoin would but things have changed now. Because some exploitative users understood thing, they farmed multiple accounts and defrauded these campaigns which led to a lot of problems for the projects. Eventually the companies that continued doing bounties for promotions were the scum ones. Hence the bounties section is today filled with scum projects and their low quality user base.

I dont think the situation would improve in the next few years, it is better to keep yourself limited to bitcoin paying campaigns.

Its more like 99.99% projects being scam. So go for the needle in the haystack or get yourself a job.

The major source of buying an altcoin is bitcoin over fiat. That is why you keep seeing the altcoin<>btc exchange rates and only few fiat exchange rates. Therefore the price of Bitcoin influences the price of altcoins. Again a change is price of Bitcoin is often indicative of marker panic that seeps into altcoins because they are similar assets under the heading of crypto.

Because bitcoin has a huge userbase it's movements get nullified quickly because of the opposite side trade. Unlike altcoins which are full of distrust from its investors, situation becomes more volatile.

I think these are main reason why bitcoin is the king is it's userbase who trust the system.

Futures is a gamble, anything other than spot is  gamble, so you can decide now which one is EV+ and which is one is not.

I would disagree that spot is for newbies. Nope, spot is the only trading where you don't actually lose money but only end up converting the crypto to another crypto which remains in your control. It is the only method for long term hold.

Those who want to gamble with their money, feel free to do so but that does not mean spot is in any way inferior to others.

That would listening to our emotions and not going by the charts. There are coins worth putting money in like the top five but luck should never be brought into the question when buying crypto.

Projects and how they are developing is a good point. If you look closely you will find that it is more of smoke and mirrors here. Very few actually have been developing properly and they are going to go bankrupt in a few years.

It would be much better to avoid such coins and keep your hands on Bitcoin.

This is a common "feature" of the market, dont think of it as a problem. Say you have a certain number of bitcoins to sell, when the price crosses your selling point, sell a fraction of that if you anticipate more highs. Then once it slows near another high, sell some more.

Similarly when the price is going down and you have fiat at hand, spend a fraction and wait for the next low. At point point you will run of fiat to spend when you need to stop and wait.

What you bought four years back must have been some altcoin, which I always tell newbies to avoid. Cant help it now, you have to either keep holding it in hopes that it might come back up or cough up more money to invest anew, and this time keep it limited to bitcoin.

This forum is the biggest place for the bitcoin/crypto users to gather than any other forum in the internet. Getting your project exposed to these people is the starting point before going to fintech expos and all that.

I think your post confuses between effectiveness of marketing via bounty and awarding participants. I am tell you that effectiveness of marketing is good but even better if you are going in through signature campaigns (bitcoin paying) because bounty campaigns (altcoin/token paying) generate a lot of noise and spam.

Obviously the past has been a record for successful campaigns and you can talk to the campaign managers who have been working here for years to get an idea about the same.

They have set up huge taxation on crypto exchanges happening in local currency, so they are trying to get people to avoid crypto but not ban it outright.

I have observed that governments dont bring these changes but big companies do first, then the government gets pressurized to change its own policies and gradually the change sets in. Hence it will start from big companies though I dont have much use of racing cars and space rockets, like I said, I am more down to earth and prefer buying my groceries with bitcoin if that becomes easier than using giftcards in near future.

Hardship is everywhere but bitcoin is not the solution to hardships. Bitcoin is a currency and can be used to spend for food if needed and if there are avenues of spending in your country. Your poverty of quality of life will not improve with the use of bitcoin. Because earning bitcoin is the same as earning fiat money - you need to have skills and put those to work and earn your bread.

Trading can only be a side hustle, I dont expect a forum member here to become a professional trader. Hence attempting to make money enough to feed yourself for months through trading is a wrong goal to set.

Rather get a proper education and go for the things you have a passion for. Then you can earn and have a decent quality of life.

Same can be said about any stock too. Additionally the stock is regulated meaning low chances of pump and dump all of a sudden and the company is giving you reports every quater which may have a lot of fabricated stuff in it but still you are kept uptodate with their stats.

In other words, every asset has its pros and cons. It is wrong to compare apples with oranges - you can only compare different apples between themselves.

There is no guarantee that in one year the bullrun will be maximum. So this is an absurd assumption to make. Buy bitcoin when it is priced low not because it is going to do up in one year, it may go up in one, two or three years but you keep increasing your stash of bitcoin.

Very tunnel vision sort of thinking there. Parents often teach their children on how to face problems and challenges. It is incorrect and biased to assume to that home grown children are in any way inferior to the ones living on their own or in a boarding.

Taking mortgages in such young age would mean that there were financial problems in the family and they have had to take the money in dire situations. If a child does not know to manage the finance then they have not be taught properly. Also setting up a family is a new thing for every person, it will differ how they face it individually.

Truly financial independence is a myth though and even if bitcoin brings us close to it, most countries in this world does not have the technical infrastructure to allow quick and easy bitcoin use. They are all stuck with fiat and hence the point does out of question.

Aggressive marketing via bot like accounts on social media is another red flag. Failing to deliver is one thing and failing to develop anything is another. You must try to verify the team's identity on linkedin and social media. Text the advisors as listed and try to engage them into what they feel about the project, you might get a better idea but in many cases they will not respond, in which case you have to assume the worst.

Often advisors have a lock in period after which they will suddenly dump on the open market driving the price to such lows that it cannot recover back - this has often happened with many projects and the sad part is that we honest investors are the ones who must suffer this.

Going through all these points, I am sure most old times will accept that buying bitcoin is way less anxiety inducing and profitable than newly launched altcoin projects.

You might have a different opinion but the top ten or the top five have always been the closest to being safe assets as to bitcoin. Going by that ETH and BNB can be given a try if you are having funds to invest in. A load of altcoins are available on the market and you are free to choose from them but since the ETH project has been here for sometime and BNB has been a successful exchange their tokens are in the top, I would add LTC to the list if I could too, because that has also been a resilient project.

Every month does not specifically mean the month of a new altcoin, the same old ones will profit like they did, you have to get into them.

In a game that is based on luck there should be no such thing as beginner's luck because luck is something you cannot quantify or qualify. The term is used loosely to denote a new player winning big but they essentially got lucky there which might not repeat in the next game. Hence to assume that having that "beginner's luck" might allow you to win the jackpot, you would be wrong in majority of cases. The odds of winning would be the same as any other gambler in the den.

It would be rather wish to just gamble for fun and stop when losing too much.