Yup you are correct, the banks are going to be scared of cryptocurrency because they think that it is going to take away their source of income. But, I don’t really think that is going to be the case. Cryptocurrency is not really going to wipe out the banks like a lot of people think. I think that there’s still going to be the need for banks, and there are some very important roles that they will always continue to play in the economy.

So, they wouldn’t go away because of that. And moreover we are now seeing the release of central banks digital currencies, which is going to be issued by the banks as well, so they’re not really going away, they’re still going to be there. I only see cryptocurrencies to serve as an alternative, and not a replacement.

That is just a myth about professional way of trading. There cannot be any common practice among all professional traders hence you cannot sure about that all professional traders are always using same kind of indicators or same kind of strategies. There will be no point of making use of same strategy when it is not profitable and similarly no one is going to change a strategy which is good in consistent profit making.

We should be open to new strategy at any time because we cannot be sure about our current strategy might be always effective against ever changing volatility of bitcoin market.

I worked in marketing nearly all of my life, and I can tell you that if a business, a person, influencer or whatever promotes something then they are getting paid for it. I have seen people literally not promoting things they actually like, because they are not getting paid to do so and maybe they will in the future, and instead promote the things they are not enjoying at all. In the end we are talking about something that is a lot more dangerous than just being an influencer.

I am fine with people who would like to have tens of thousands of followers and influence these people and end up making money from their own ideas and likes and dislikes. However, the fact that they are getting paid to do that? That part is a bit of a mess, if an influencer ends ups promoting a casino that they do not enjoy, then I feel like they are hurting the world in return for some money.

It's not bad it's the worst case for high-flying Valencia as I was expecting that they will do good and have fourth place for few days, but sadly they fail to win and lost this match after having led for nearly 25 minutes just last 10 minutes Espanyol done something special and have full 3 points against them with now have 9th spot in Spanish League with now have chance to improve more in coming matches. But now Valencia problems are going to start more than next match is against Real Madrid which is not easy, and they can lose some more valuable points and spot.

I have some good number of matches end in situation like this few years back PSG done same and I lost big bet after this, I never take any big chance like this which happen today again.

Yeah but that next trade should not happen within a day; because if you keep rushing up to recover your losses then you may end up in improper decision making which must be leading you to further losses. You must get back to your stable emotions after a loss and then should try for recovering.

Yeah, continuous learning and gaining experience are more important to remain profitable in trading. If you fail to update yourself then you may start losing all your capital slow and steadily.

Are you trading on futures? That must be a beginner's mistake and if you are able to arrange new funds then you may try on spot trading with high volume cryptocurrencies. Anyhow, only your skills must be the key factor for your results in trading which can be true for both derivative and spot trading.

In-between skills and management there is another requirement for success in trading which must be experiences. Because, just learning from books may not help you in real market but if you practice in live markets then profit making in trading is possible.

If it would be an end for current bullish trend then we might have strong bearish trend right now but we are having only sideways market which confirms that we are having some more bullish wave on this 4 year cycle of bitcoin market. So, 2022 would be another exciting year for all bitcoin bulls. Get ready to experience lots of surprises.

The market is at lower end still not into the bottom of what we had a ATH in April. So, the current bottom could be interpreted as usual ups and downs and might recover from it quicker than we could imagine. So, 2022 will have all the chances to be more bullish.

Yeah, anyone who has been watching the bitcoin market for years, definitely will have definite idea on how bitcoin market will react to its support and resistance levels. The basics of nature of bitcoin market is not different from all other markets.

Even advanced technical analysis do fail which means the volatility of bitcoin market is highly unpredictable. So, when a prediction disappoints you, how quickly you are correcting yourself makes you successful and sustainable in markets.

Chart patterns are good way to predict the market directions. But, we need strong knowledge on different technical analysis to interpret the chart formations. There are multiple chart recognizing strategy are available, mastering them will help anyone to predict the market accurately.

I agree that $100k is certainly doable but $150k is a bit of a stretch given the fact that how big of a market cap there is now for Bitcoins. When the market cap was smaller it was easier to pump the price higher because all it takes is a huge whale but now a group of whales can't even double the marketcap because of how big it is.

My predictions

End of Jan 2022 - $70k
End of Feb 2022 - somewhere between 70-80k
March full of correction hopefully not though

Then the normal routine resumes that price jumps drops and the games goes on .

I feel like staking is only good in 2 scenarios

1st: When you have massive capital and you can stake and sell out at the right time because the price of most coins that work on POS and don't have a sustainable model will fall.

2nd: When a coin is new and you have that ability to spot a good coin in the market and get in quickly. Because once everyone gets to know about the coin the APY will drop and staking will no longer be a feasible option for you.

I don't like the overall concept of staking because it makes the rich the richer and the poor get poorer. But then it has it's own advantages too.

I don't know how you can compare a stable coin with a utility token. I mean USDT is meant to provide stability while BNB is a whole blockchain os obviously the possibility of growth in USDT is 0% while BNB may or may not grow. I would have understood if we were comparing BUSD vs USDT but this makes no sense right here to compare BNB and USDT.

From a swapping and using point of view, anything on ETH network is freaking costly right now due to the clogged up blockchain so I prefer doing transactions on Pancakeswap. Even when I have to transact USDT, I do it on the Tron blockchain now.

This break will certainly help a lot of the teams. It is going to allow many that have covid positive cases to relax and stay at home and not get anything, it will allow them to not really have too many missing players. The latest situation in NBA for example is that teams are literally not finding even enough g-league players to play at this point, retired veterans are coming back in bunches as well.

So, I feel like Bayern will have a great chance to beat Gladbach just on the premises that if they are the healthy ones. If there is some covid cases then I do not know what will happen, thinking if they miss 2-3 key players than it is anyone's game to be fair.

I never really understood the need for rains to be given to players that wager a certain amount of money. I mean I am usually not above that limit and would never be above that limit so I have a bias towards this situation I get it, but seriously, isn't the amount too big? I am not a spammer, I am not here to get rains, I do not just register and wait for rain drops, I wouldn't do that and there are some people who would do that, isn't there a way to find the difference?

Right now, as a person who gambles around 400-500 dollars wagering amount per month, I am seen same as the guy who wagers none, or wagers 10 bucks per week, there should be a difference between me and a spammer. Having thousands of wagering requirement surely must be putting a lot of people like me out of contention for rain drops and I feel like that could be slightly unfair.

Your topic got me wondering how you got to know that the big cryptocurrency investors are all flocking to Puerto Rico. I was going to ask you that until I saw that you are just asking it as a question.

Well, just because a country has a low income tax doesn’t mean that everybody in the world will start running to that country and denouncing their own citizenship from their country. No, I don’t even think that is going to happen. Low income tax is not enough reason for anyone to do such a thing. And in case you don’t know yet, there are even countries that you would go to and you wouldn’t have to pay a single tax, but has that made people to run to those countries? The answer is a NO.

That is just a speculation which not having any guarantee about the turn around of the market in 2022. I mean if you are facing continuous losses then you should focus on improving your strategy so that you will start your progress of recovering your losses rather than anticipating the market conditions to favor you (sometimes, your waiting may go infinite which is the reason fixing immediately is recommended).

A good strategy must be capable of getting you profits in all market conditions hence bullish or bearish market conditions are least bothered for a technically skilled trader.

I agree that the team behind any token matters a lot and although most of the tokens come up with new teams and faces, at least knowing the teams will guarantee that they cannot run away suddenly without much you can do against them. Another important factor while analyzing projects is the ability to read the whitepaper and if possible do analysis about how well the token scales into the future. Most of the times we are excited about a particular idea but forget to analyse how it will do in a few years time.

Not everything that shines is gold and that's why we have to analyse what we are investing into is durable enough to not just survive but excel in the future. Scalability is a huge problem with even huge blockchains lie Ethereum.

Completely agree with you, Dave. Taking loans to invest into something and believing that you will be able to pay off the loan amount plus the interest is optimistic at best. It may work for a trader who is very experienced and just needs quick funds but for someone who is not used to these things shouldn't try it at all.

The idea of taking loans when the market is down doesn't sound bad to begin with but when you look into the other side of things like how do you plan to repay in case things don't go as you imagined, it starts looking bleak. If you have a backup plan, then go ahead!

By the way, investing into altcoins with borrowed money is almost the best way to get rekt.

No, it's not, I still remember how they forced Binance to list their coin just from the pressure they were able to build on the Binance through Twitter. Even now when I visit Twitter at times, I see a lot of tweets about babydoge and shiba token which shows that they are still standing strong.

That said, I am not confident holding such tokens because again it's all about hype and once the dust settles down, only a handful who were sharp traders and managed to sell at the right time will be in the profit. Those who are holding these tokens in the hope that it will reach $1 at some point are those who will pay for such sharp traders because the money has to come in the market from somewhere.

I disagree. The nft market is only going to grow further given its popularity and its scope. I agree that maybe the market and the expansion charts will get stable and weaker than what we had in 2021 but that is solely because every industry has a sharp growth and then it simply stabilizes.

There are games built that have tradeable nfts and we can actually earn playing those games. I think there just needs to be more clarity on how nfts are used and how one can make sure that what they hold is a real nft and not an image copied from google. There are sellers on fiverr selling nft for a few bucks but then there are others selling it for thousands of bucks so it just doesn't make sense for new traders who step in this market.

I always feel when the market is subdued, it's best to either stay away from investing too much or just buy Bitcoins which we all know will never become zero, unlike other coins. That or you can buy solid coins like BNB or ETH because they have a real use case and tokens are built on them so they won't collapse overnight.


It's almost as if the market has been divided into 2 sections. The ones who like high volatility trade new altcoins and the ones who are serious investors or traders and cannot afford to risk in the volatile altcoin market are sticking with BTC or just known alts that are in top 20 in the CMC.