The bottom is usually the lower price ranges which have been the points of turning around at any bear market. One can use indicators but they might not be indicative at all times. This needs practice and observations.

Don't be scared when the market falls below the bottom that you predicted. This is why we should have multiple buying points and not lose.

The cycling of the asset is important to keep the money in flow. But remember that spot trading is the safest among trading and that needs good record of past charts.

Bitcoin is a payment option if the buyer/seller would accept it.

But majority of people don't accept it yet. Hence you will find it difficult to pay directly but you can pay through gift cards. The cost of things in Bitcoin will be dynamic with a fiat currency as the base. But this is difficult to say at this point whether this will be done in future.

The best option for you at this point will be to buy gift cards. Wait for your local government to be more lenient regarding bitcoin.

This would depend on a number of factors :
1. The legal status of bitcoin in your country
2. The ease of conversion of bitcoin<>fiat in your locality
3. The acceptance of crypto in general goods in your country/ease of paying with crypto.
4. The public opinion about crypto and whether the people you cater to have a chance of owning crypto.

If these responses are good you might want to add crypto to your "list" of payment modes. Dont try to force it on people, you will get counter-productive results. You can include some perks for those who are paying with crypto so that the customers get inclined to it.

I would rather do a survey before doing something so radical. If you are going to run a business you need to run it with payments that are easy for the customer.

Same with bitcoin, in fact they have never went down the top five. It does not change the fact that Litecoin has been an underdog for several years while it was supposed to be the Silver to bitcoin, while Ethereum quickly took that place and pushed it even below.

While stores might accept LTC, the community has been undergoing attrition. Unless some marketing starts which makes people buy LTC at an advantage it will remain in the same condition. The overall market movements have not been huge that someone might invest in LTC either. I think things will remain like this until someone in future does something to revive it.

All in all, I feel LTC is a good alternative if bitcoin fees become difficult to pay, which is a known advantage. Also it is a reputed currency so can act as collateral for P2P loans in bitcoin.

This is correct, children should not be exposed to the market which demands a lot of deviousness from its trader. Children should see the good things in life and gradually understand what is bad for them and how to tackle those. If they show interest in speculative trading we can introduce these markets to them but the effect should be monitored carefully.

Difficulty in coping with the market pressure or having a gambling tendency should immediately lead to stopping of all sorts of trading activity. Guidance is important here and the best guide is the parent who knows their kid from inside out.

The change in username, I forgot what your old one was and used this context to remind myself of it. 

Maturity to invest is one thing and age limit is another thing. While there is no age limit to investing in a decentralized asset, there needs to be financial maturity to be able to make proper decisions and this does not come naturally. A background of investing in stocks, commodities, property can give a person an edge over others while investing in crypto.

I would not encourage kids to start investing in bitcoin, but their parents can start doing that if they are hopeful of the future of bitcoin, something like another forum member @BitcoinGirl.Club has done.

This is a tricky situation though, I would rather conservative about exposing young minds to a wild west section of the economy. Definitely needs a lot of maturity considering the number of possible scams going on here.

The minimal knowledge of buying low and selling high is enough to make profit in this sector as far as I have seen. But you have to keep yourself limited to bitcoin in that path. Try going for altcoins, there will be no end to your suffering specially if you are going for the newly developed and launched projects, they need at least a good couple of years before being evaluated critically.

So in that sense, bitcoin is the best crypto to invest in. If you want to stretch it then the top five altcoins can be included. But the more you keep yourself limited the better. It is important to choose the correct buying point and have good patience to hold through the process.

I think it is due to the vicious cycle of loss-chasing the loss-worse loss and the denial of the fact that they are having a problem. Indeed accepting the fact that one has a gambling addiction is embarrassing to their therapist and family. This will not improve for those who mindset has the risk taking attitude, but some people understand their problem quickly and seek help quickly too and such people though rare often save themselves from catastrophic effects.

Often it is the family who have to bear the burden, so possible addicted gamblers should keep that in mind and how much of a shock that would be for them.

The reputed Bounty managers do background checks and thus they were out the worthless ones. That is also the reason why bounties by reputed managers are very few in number, you can understand the rest.

Filtering of teams? The job of the mods is not to discriminate the projects but to remove rule breakers. The job of checking teams lies on the people who have interest in the project. The administration has to remain neutral.

Therefor they get ousted from the rest of the forum sections. Older members rarely give merits and they remain stuck at newbie rank for years.

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.