They are useful in that they help in providing news feed to enable a trader to make thorough research before engaging in any activity. It at the same time brings about security enhancement

This may be favorable sometimes but it's not necessarily the best idea in trading crypto. The more you have invested in crypto trading the more you can as well lose when it turns into a bear market from a bull market. Have that in mind and never go all in.

Trade journals aren't so bad or aren't bad for use because it has its purpose, its benefits for those who use it. It can help a trader to monitor all his trades of he'd be able to see if he's progressing or not. It can make one to at least find out what they are good at or what strategies they are using that is working for them or not working for them, enabling them to make the necessary adjustments they need. It could also help in the area of risk management.

Those are good steps. Make your own personal research on coins, even those that may be trending at a particular point in time because you might find out something that not a lot of people would find. Try to have a good entry point that even if there's a loss it wouldn't be much. Always make sure your profit is more than your loss. Try creating a plan as to how you want to trade. Get every possible experience and strategy you can get in trading

I must say that the timeframe you're using is a short one though. I usually use 45mins to an hour, sometimes 15 to 30mins so it depends on the coins sometimes but if your timeframe is working for you then go on with it even though that's more of scalping .

Not everyone goes through the process of an online course for trading. Some learn through some persons they consider as mentors.But then in this case one can look out for how they view risk management,level of recommendation, are their strategies well proven.Things like this can be helpful

poloniex is a good one with good lending rates and margin trading.Bitfinex lending service is a good one but their trust have been tested.Bitmex is another

First of all try changing your mindset as to crypto being a get rich quick scheme else you'd yield nothing from it. You work for it, you have to put in something to get profit. Take your mind off free crypto and invest instead. At least try getting basic knowledge about it before investing. You could go for alts since those main coins like BTC, Eth and the likes are very expensive

Going all in is a very big one. A lot of people know the rules of trading but sometimes they tend to go against it.. Indiscipline.Now indiscipline is another one .Repeating the same mistakes in trading is even a bigger mistake

Borrowing money to invest in bitcoin is definitely a risky game. It could go either way,profitable or in loss. So would you be able to take care of the loss, the pressure from whomever you might have borrowed from? It's not just weird but a bloody risk when it does go south. It's best you use your own money and one that you can actually afford to lose. Also if you insist on borrowing just make sure it's a long term investment from a bearish to a bullish season.

You can make a research on them.When you do, you'd find that in most cases it is usually a scam. Do not give your money to anyone to trade for you,walk away whenever you see them.

Emotions can be influenced due to situations that are happening especially at that point in time.But this is one weird trading emotion without a connection.

Whatever it is we may have learned is still being learned everyday. I've come to see and keep seeing that we all need patience in trading. What we may have drafted out using the knowledge we have may not come out or yield results immediately so we need to be patient. When it does, make sure to be disciplined. Be disciplined when working with your capital, protect your capital and don't go all in.Do not let greed set in,know your entry and exit points. Take reasonable risks that are not clouded in greed , sometimes it could be you following the trend but at the same time doing your own research. Try to know when to stay away from certain coins

It's encouraging to see young ones having the desire to grow in such a way. But this investment and growth in the crypto market doesn't come by easily. It means you'd have to put in some work even after knowing or deciding which to invest in. I would say bitcoin is the best but then one has to be able to afford it. You need to know how the market works and understand the statistics. But at the same time there are alt coins you can go for as well that are much more affordable and can turn out to be very much profitable, be it long or short.

No doubt a whole lot of people would want to jump into this red sea, these bloody candle sticks because the dip looks like a good entry point already. Mind you it isn't done yet especially alt coins so I don't think it's safe to buy unless you're loaded and want put something you can afford to lose.Going long now is not a good idea at the moment unless you're after a long term investment.

First of all don't be in a hurry. Binance is a good place to start but also know that whatever loss you can incur in any other exchange can also occur using Binance. I'd say stay away from Futures while you observe how it works. Spot is a better option.Try getting someone or people you can learn from as you get better at trading. As to what coin, sometimes you need to follow the trend but do your own research and check out projects being carried out.

Being a trader in every market is difficult. It might not be as difficult as people say it is but I can say that it is complicated in its own way. One needs to have a good entry and exit point and that can't be done by using the candle sticks only. Risk management comes in, being able to control one's greed. Understanding how much to risk on a trade and how to properly balance a portfolio happen to be more important than entries and exits.

Come to think of it, is there really any way of trading that doesn't come with struggles or one we can say is the easiest way to profit from the crypto market? One has to make research on projects being carried out, the aim, the different patterns and strategies being used in order to read the market and possibly profit from it. Some may just decide to follow the trend instead of going through all that struggle but in the end the easiest way to profit from the crypto market might just be believing that the easiest way to trade and profit from the market doesn't exist.

No doubt it is confusing. It's the more reason why people ought to know what it is they're getting into before taking such a risk. In truth can we really say we know vividly how the market works? No. It's even more confusing when we happen to get signal from different sources that contradict each other. The fact that it is confusing is also an opportunity to get to understand it more as it makes the curious ones to vest more interest in  how the crypto market works

Greed is of major concern in trading and other businesses as a whole. When it comes to trading I think having a stop-loss is going to be helpful in this regard. We need to have a target that when it gets to our target easily pull out but then even after getting to our target greed comes into play especially when we see that the coin we invested in is still flying high. Some would then decide to continue instead of taking profit and they end up going below their capital. This calls for discipline. Set limits, set rules for the risk you take and try to stick to them.Greed most times doesn't pay even though sometimes we might just be fortunate.