Five? That must be a dangerous approach as it may risk most of your capital.

If you set stoploss at 5% then for five losing trades you may lose more than 30% (not just 25%) which must be a high risk one in my experiences. I know people who are setting different stoploss levels for different trades still waiting until five trades is not looking as a good approach to me.

Maximum two consecutive losing trades should be a limit if you really do not want to top up your capital more frequently. Just imagine if you make 4 consecutive losing trade and then making one profitful trade and then facing 5 more losing trade; do you think you will still have remaining capital for next day trading?

That must be a good point and in my understanding that kind of belief is the core reason for FOMO. When people start thinking like it's time for bullish trend then even short term holders might alter their plans. So, this time majority of this community started believing about the continuation of bullish trend into next year hence there are 100% chances for a new ATH in the next year.

Yeah, when we help the hype to get more intensified then we can expect the ATH to happen quicker than we could speculate; I mean when more people believe about ATH in February then it may happen in January itself .

Yeah, compared what we had last year or by this time of last 4 year cycle, we are having big hype about bitcoin in main stream media which must be more than enough factor to keep bitcoin moving up. Today bitcoin again entered into above $50k levels which must be a good sign for the confirming of having a new ATH by the first week of 2022; yeah for that we need to close this year above $60k levels which seems highly possible as of now.

We need bitcoin to be sustaining above $50k to $55k levels for this week which will lead and help to close above $60k levels. I guess some institution started accumulating bitcoin right now hence it seems bitcoin again entered into bullish trend as of now.

For the worst consequence of inflation, deflationary currency might be a solution but practically I am seeing bitcoin is slowly turning as an asset rather than being a currency (I agree an asset is still capable of serving as currency and cannot be an alternate to fiats).

Limited supply obviously makes a currency into asset class which again leads to high volatile nature. A highly fluctuating entity may not remain as a preferred payment method as people may need to hold them even for short period of time for any reason (monthly salary is common practice worldwide which means we need to hold/save fiats at least for 30 days and if we lose even 5% value in 30 days of time that might again impact negatively). 

You do not really trust them exactly... I mean yeah they can sell you "one of a kind" thing but then create 10k more of the same thing a day later, but you are holding the "original" in that case. If it is just one thing that they minted, and then they go ahead and water it down by minting more, you are not really earning anything else here because technically the imagine is the same image but at the same time the NFT is a different one so you are not getting screwed here. Of course, it is distasteful and of course you need to have some smart people to see the difference but you still hold a rare one in that case anyway.

We had cryptokitties the same way, it was said to be rare and only a few gen 0 will be available so everyone attacked and bought for high prices years ago, now we all know how many new  stuff they keep on printing and devaluing it. So, it is not that easy for sure.

Well, you can’t have 100% of everything. When it comes to being safe, hardware wallets are very safe than other type of wallets that you are going to see. When your money is stored in a hardware wallet there is no way that it would be hacked easily As they would other wallets. The only disadvantage is that when you lose it your coins are gone, and that is why I said that you can’t have 100% of everything.

Everything that has an advantage is always going to have the bad part of it. It’s just up to you to be aware of those disadvantages, and be careful and try to avoid them as much as possible. Personally I’ve not used a hardware wallet, and have never had any issues at all.

I am guessing that there is going to be a holiday spirit in most of the world, if you are living in a Christian place then Christmas could be present, or even if you are not in a Christian nation there could be some festivities, and most importantly new years is new year's everywhere around the world. I am guessing that the next week could be a little boring, I can't know this, I am just assuming it but by the looks of it people are looking at these coming days as holidays. Which is why I am assuming that there is a good chance we could end up with very little volatility, very little trading volume and even maybe a very little liquidity available as well.

I would say that large part of it should be bitcoin because for me that is the only coin that I feel guaranteed to be strong and not have any problems and have the highest trust. Don't get me wrong ETH is great and all, and there are a few others, but BTC still is the coin that I trust the most.

Not because it would be the biggest earner, let's be honest in any given year there are other coins which gained a lot more than bitcoin ever did, we have seen 100x stuff in other places, bitcoin rarely ever does 100x in a single year, maybe on early times but not sure even if that happened. So, for me, we should invest into bitcoin because we trust it the most, not because it will earn us the most.

I am guessing that there are some people (or same person) who ended up realizing that if you say something that is exactly the opposite of people are thinking then you will get attention here. This is why we are seeing these type of topics all the time, plus "merit" is something very valuable these days, I do not agree that people should be writing for merit but there are a lot of people who write for gaining some as well, combine these two together and you are going to get opposite reaction topics who are seeking opposite people with merit in their hands.

Not going to lie, USD is going to shit, it is a matter of few years like this and we may start talking about USD as a shitcoin to be fair, I am not arguing against that, I rather have 500k in bitcoin then in USD, it doesn't matter when you have as little as me since I end up spending mine before inflation kicks in anyway, but if I had a lot of money I rather use bitcoin so I partly agree with OP, even though the topic is definitely a spam one.

We just feel confused whenever these type of things happens. I mean we feel very happy that we are seeing that 45k support being so strong and not allowing the price to drop too much, that is a great thing right? But we also see that bitcoin is not doing that well on going higher to 50k+ as well so we are sad about it. We are just stuck between 45k to 50k range and that will have to pass one day. Which direction it will pass? We do not know, but let's hope that it will be to a 50k+ price range and break another ATH because it allows everyone to earn money (aside from people who short bitcoin).

I have to say that bitcoin looks better lately, but it doesn't look like there is going to be a bull run, it just feels like some people accumulated and turned that into profit but it is really not that big and we should not be really too hyped about the current situation, at least not yet.

It doesn't have to be over 50k to show everyone how it is recovering, it already recovered so much and that is good enough for me. Doesn't mean that I do not want to see it go up even higher, just means that in order to call it "doing good", I do not expect it to be doing 5x suddenly, just a bit of recovery close to 50k is more than enough for me to call it doing good.

Obviously there is room for improvement, maybe we will see it go to 100k in 2022 and that would be a lot better, but that is in the future and I do not want to judge bitcoin on short term movements and definitely not when it is doing so well. All in all we are doing fine and I am happy about it.

I would say we are not really in a bearish market, it seems like it is doing fine right now. 50K is not a bearish market, it was closer to 45k just recently and we are now doing a lot better. Which is why I feel like we are doing fine so far and that is why I would not say it is bearish. I am not saying it is bullish neither, all I am saying is that it is not bearish, we are right in the middle right now and that is doing fine. This is why I feel like we are talking about something that is mild and not hyped at all, it is just a regular market movement, nothing exciting, no bear no bull no correction no recovery nothing at all, it is just plain old boring market.

How exactly does this CheckDot you’re talking about identify projects that are scam and the ones that are legit? A little explanation on how it works would suffice. Anyways I still be making use of the old method that I use whenever I want to find a project that is legit or scam. You just have to follow the process –the first thing I do when I happen to get any interest on any project is that I get to know their team first; there is a lot to do with this – you have to know whether the team are truly who they claim to be by thoroughly researching them.

The next thing I have to look at is their whitepaper – this is very important before you start talking about flashy websites and the rest of them. A whitepaper will show you the background, goals, strategy, concerns,and time line of that project you’re about to get yourself involved.

There’s a lot to do with the whitepaper and it’s going to help you decide whether it’s something you want to be a part of or not. Then you have to look at the token sale, and how feasible is the project, even after all that you still have to exercise caution. So talking about the CheckDot website, is it really going to do all that for you, and how does it do that?

San Antonio Spurs DESTROYED clippers. This is what I want to see from my team, playing a very fast paced game on both defense and in transition, we are a young team which means that as long as we get to gamble on defense and just move around, we are going to close out anyone we face, par from warriors maybe, and since we are young then we can run in transition and that is what we did amazingly this game as well because when defense is not set then they can't stop us as easily, our offense at half court is not great so transition is where we make our bread. Hopefully we will get a lot more results like this, it will definitely help the confidence of the young stars.

Unfortunately not many people can see the benefits whenever the price drops. I get that there are a lot of people who do not understand why the price drops and focus on that part most of the time but the reality is that we are talking about something that is profitable in the long term so why it happened doesn't really matter to be fair.

So, if you focus on why it dropped or how it could recover or will it continue to drop and many other things like that, then you are going to end up losing a lot of money. What you should focus on is how you could make a profit from this down trend and if you could buy some more and wait as long as you have to, then you are going to profit. This is emotionally not that easy, watching your money drop like crazy is a very hard thing for many people and that means we need to realize it is going to be very difficult to watch but it will worth it in the end.

Redeem code as far as I am aware of it, I never received one before so I can't really talk about it that way, but I could say that it looks like a redeem code if you ask me. Most places have that option and whenever you are given a code, you end up redeeming it somewhere. Gift boxes are usually small amounts of coins, and gift box is a bit more rare I am assuming, or at least for me it is like that as well.

All in all this place does give out so many things that sometimes it is hard to follow it up. Do not get your hopes up about the giveaways being this awesome, they always give away so many things but xmas part of it is a newer one that got extra amounts in it.

If we keep our attention in some other place, then we could never do what we can during present time. It doesn't matter if you are sad or happy about the past, it doesn't matter if you are happy or sad about the future, just focus on today and you will do a lot better trading. If you are a long term investor then future could be good for you and you should hopefully be happy about the future possibilities, but when you are trading then future doesn't matter to you, you need to focus on right now.

This is why anything other than trading this current moment is just useless emotion and will not help you at all. It doesn't even matter if you think about some movie, some game, some food or anything like that, you need to focus on nothing other than trading. This is why there are so many people losing money while trading, because there are not that many people who can focus only on trading for even 15 minutes let alone for few hours.

I do not estimate the price to be that low, not that it is impossible, as we all know it is definitely possible for the price to drop that much but I am guessing that the price already had the bear run and we have dropped as much as we can and this is it. I am guessing that the most possible outcome would be more like a 40k level and then it will start to grow bigger.

We already had all those long futures crashed and right now shorts are looking very much profitable if you could break them, in order to break them you need to increase the price and that's where we are right now. Which means that the drop in price is not impossible but increasing the price is a lot more profitable than it used to be, in this case there is a good chance that people may focus on that a lot more.

They "could" get both of them, at a certain point it is not about finances to be honest, they offered Mbappe 180+ million euro before and they got rejected which means they have the money for it, it is sometimes just fine in finances.

The real trouble is that if they get both of them, then they will have weak team in the other parts, just these two players could be as high as 50% of the salary cap la liga forces to Spanish teams, which means that we are going to see them fill the rest of the squad with players who are not really that great or at least accepting lower payment than what they deserve. Which is why I hope that they could afford to get other players, otherwise these two only depends if they will accept or not, money is not the issue it is convincing them to come.

Yeah, going through all available information may help but only up to some level. The prime thing that every beginner needs to do is, practicing in live environment. This is the reason, people do always emphasize about the necessity of trading at demo accounts.

At least 100k different telegram groups are available; what should I do now? You do not need to check on everywhere for news and events which are impacting crypto space; just following one or two crypto news portal will be enough along with any reputed social media group.