The less the capital involved more is the chance of seeing artificially made pump and dump on that asset. Hence it is better to keep the coins safe in the top 10 list than go with such altcoins.

Even then you can try your hand on shitcoins but the general opinion regarding them is negative because of what I said above. Whales who own such coins, promote them and dump it on some newbie who gets the handicap and pulls it through unable to sell it anywhere.

Trust me it is not a fun thing. But who knows maybe you can find the needle in the haystack and make loads of money.

Long term holding is good but cycling the money to buyback at the low and selling at the high also needs to be done to keep the profit flowing in every few weeks. There needs to be a good balance between these two because the stupid thing to do here is to convert to day trading a few days after starting long term, which is commonly done by impatient newbies.

Nothing is stupid as long as you are making money from it. If you are making it work, you are the boss. I found buyback and selling at the top in fractions of the entire portfolio worked and hence I am confident about it.

It can be managed without taking a loan but some people have the habit of taking a loan to start out on trading and not think of the consequences of a debt.

Few people actually want to start with their own capital directly kotha ven though they have to pay more from their pocket in case they lost money.

Cycling between the bull and bear cycles is what leads to good profits but slow indeed. Still it is the safer bet than taking a loan and going for trades with high risk than profit.

The name of the IM network does not matter, signal groups all run in the same manner.

And it is not needed either. Just use you common sense, if such groups actually run signals that were true, then everyone taking part in them would have become billionaires in a few hours. Instead the members get sucked off their money while the owner makes the money because the owners pump their own tokens and dump on their bamboozled investors.

This confusion is the basis of how they work and you will realize it too late. If you legitimately want to trade to make money, do your own research on the assets and then buy.

It is a decent amount of lunch money.

I would encourage you to learn how bitcoin works and how to secure your wallets and how to use exchanges before jumping into a campaign. Besides you would need to rank up to a decent member rank in order to be able to join most campaigns. So you have to start working on your posting quality and engaging in discussions. It is not always possible but you should try your best.

If you are living in a country where bitcoin can be freely used to buy goods and articles that you need, then defenitely signature campaigns are a good side earning, but try your best not to make them the reason why you are here.

A popular project does not mean a legitimate project. We have so many examples of the same, since my time BitConnect became a massive hit, but then turned ponzi, probably you never heard of it and recently the Terra project.

These project may initially look legitimate, but you can never understand when they reveal their true colors and by then it is too late. Properly done research might sometime reveal the red flags, but often the scammers reveal very little info so as to keep investors in the dark while giving out lucrative offers for taking the money.

Since the crypto space is not regulated a large number of scams may be going on right under our noses, but they will be caught in the coming 10years, not now when the hype is at peak.

The majority of traders want the price to keep going up and down so they can make money while the majority of business owners want the price to remain at a stable range, keeping in mind that the yearly volatility range is <15%, making it manageable when coming to small cap businesses.

It is a speculative asset, so price will change by several points every day - but you can take gold as a primary example, gold prices vary during the day but does that hinder buyers? It does not, rather less income families prefer buying gold when the prices are down while in many asian countries, festivities are the time to buy gold even if prices are high.

Beyond that if you read the charts, prices are in a manageable range most of the time - but it does not make bitcoin look less "cool".

It is not that easy as it sounds. Otherwise we would not have any poverty in this world.

Leverage and margin are for seasoned traders. The replies made above, have explained how these work, but the only person making a profit off these trades will be the exchange and the youtuber whose affiliate link you clicked to sign up on the site, not you.

This is because any sort of trading other than spot trading is a type of gambling and here the luck becomes a more important factor than your skills. If you are serious about making money, first get a job, get some savings done and then allocate some fraction of your monthly income in to spot trading, starting with doing it on paper (dummy trading).

It is mostly naysayers or those who were never really interested in bitcoin. Being dead in the speculative market is a relative term. Comparing this to dead is a common thing when you dont have the understanding to see that it is a bear cycle.

Anyone watching the chart can see that bull and bear cycle are what is happening and not living or dead. Since such people are only interested in profit and loss, this is what matters to them.

FUD will always exist in this sector because it is build around people who sit in front of keyboards half the day. But knowing how to see through the FUD, the charts and the performance of bitcoin, is the real thing.

Altcoin mining does not count though, some of those shitcoins may make a lot of money in short time - whereby mining those might seen very return worthy during that time, but since the miner joined the party late, they might end up in a loss in future once it crashes.

For bitcoin obviously, there are the times when mining was done on GPUs and it was profitable for an indie miner to run them - but that was long back pre-ASIC era and now we have ASICs fighting all over the world for a share of that the block subsidy. Hence it is not longer advisable for newbies to jump into the foray.

Again this is where the argument of whether altcoin mining might be a risk worth taking comes in - my answer to to that is also no.

A stagnant market is an opportunity for buyers if done cunningly. While there are reasons behind the bear market, searching for the reasons ia always unyeilding. It can be Gox or it can be the inflation crisis, truly they won't have another effect buy drop the price.

So just buy when you have money at hand and wait for even lower prices to buy more.

New innovations are rare though. New scum projects are very common on the other hand. Hence be careful what you are investing in. It is always safer to buy Bitcoin compared to shitcoins.

Well firstly if trading is giving you panic attacks you need to stop trading because your own mental health is way more important than making money.

Secondly if you think you are fit to continue reading, my advice is to do dummy trading for sometime so you know when to buy or sell. Watching the charts yeild a lot of information regarding ups and downs. You have to buy at the low and sell at the high.

New traders often end up buying at the highs. This can be avoided by sensitising yourself with dummy trading.

Volatility does not change the store of value property of Bitcoin. This is explained in two ways:
1. Average volatility per year is less than 15%
2. Daily changes in price of 1BTC is insignificant when buying daily necessities and groceries paid in Bitcoin adjusted against a fiat currency.

The main effect of volatility is in trading that asset. Again this applies more to altcoins over bitcoin. Hence I believe bitcoin can become both a transactable and tradeable asset in future.

I have only one strategy to follow - buy low and sell high. Beyond that you are only increasing your own risks more than benefits. You could jump on new altcoins, ride the wave and still make money, but with added risks and in majority of cases you would be losing more than profiting.

Besides trying to hold on to shitcoins is like a roller coster that has only one peak which has been crossed.

Hence stick to bitcoin and keep altcoins limited while keeping a record of buy/sell points. It is a long drawn process but yeilds profits.

Profits dont increase everyday, only net profit or loss might change.

In any day when the markets are open, you have to sell for the profit at a higher price than buying price. So the best strategy is to have patience till the higher price is reached and then sell, but to do that you need to have bought at lower price. Remember that more the number of altcoins more is the risk you will have to carry.

Dont look at the entire portfolio at a glance, instead if you are trying to trade everyday, you will lose money.

Income becomes secondary if the game puts in a competitive sense into the player. Every human being loves being called the "best of the rest" and being shown a top number on a ranklist, it becomes like an addiction to them and a false sense of being in control over others.

Still these P2E games are often going to hook up kids to games that do no good to their brain, we should be careful of how we propagate these things. Moreover, altcoins should be limited in any investors portfolio and thus new investors should limit these games to a minimum or none at all.

As people keep earning more and more through the game, it ends up in the same condition as faucets have once been.

This is tough thing to determine. Usually the bear market is a test of the team's ability to cope with stress due to lack of funding, poor market performance and public issues. But it seems that most altcoin projects end up getting bankrupt anyway be it bear or bull, mostly during the bear though. Only the one that turns victorious every time is bitcoin.

Going by that conclusion bitcoin is the only coin that one should invest in.

Point is that most altcoins are like that only, short term gains and long term fails. Hence dont depend on any of those for huge gains, instead bank on bitcoin.

Beyond that a well paid and well managed signature campaign adds to your repertoire on this forum. On the other hand people trying hard to get into altcoin campaigns are spamming the forum with low quality replies get blacklisted by managers and frowned upon by most members.

It is defenitely satisfiying to get paid the promised amount at the weekend of a campaign but it is equally frustrating to join an altcoin campaign to not be paid a single buck. Hence I never suggest any newbie to join any of the altcoin campaigns but keep themselves limited only to bitcoin paying ones. But for that they would first have to grow their account's ranks.

Surely it is more than just Mt. Gox, that news started some panic in the market some time back but the thing with FUD is the first contact effect where the impact on the market is the maximum on first appearance of the news, further down the line, people become resistant to that news.

Still the FUD will continue in different forms, it never ends and neither will the cycle of bull and bear. So better to put that thought out of your head. Instead to keep profiting, just treat the numbers as numbers, not as an effect of a news on a number. Buy bitcoin at the lower prices being reached and sell when it will goes back up.

Today it might be one set of FUD, tomorrow it will be another. Hence we have to learn to ignore them.

Crypto market and by that sense any speculative market is not predictable with 100% accuracy. Therefore any prediction done has only 50-50 possibility of turning true or false. Point is that predicting the market and investing are two different things. Those who predict only make news articles to publish on niche media but investors are risking their money for the same and hence they are more careful about buying.

Still education does not mean a person will be a good trader, like I said in my last post, these two are not mutually inclusive. Basic knowledge about trading is often not present in many people. Some have just entered to try their hand at a few coins hoping for huge gains. Hence you cannot deduce what the OP tried to say in their quote.