When people were speculating about bottoming out around $10k levels, bitcoin never stayed below $15k levels for days which is the simple confirmation that we are having 'enough' supporters to prevent further falling. So, you can assume that the current bearish trend is just part of cycle bitcoin market which will end soon and the bulls will come to action very soon.

In 2014 and in 2018, we had experiences similar year long downfall market conditions and you must be aware of where we hit in 2021 among pandemic and slow economic situations (you can assume about same scenario for normal world economy). So, current trend is temporary and will pass on soon. If you have funds, buy the dips and hold tight.

Professional traders do this for a living and have a good amount of capital to wait it out if they ever do something wrong for a short period of time. Look at wall street and you will know what I mean, those people do not end up investing into things for just a day, and if they do daily trades which some of them do, they do not do it based on small mistakes that could become huge and bankrupt them, even the biggest ever 2008 didn't crash them, all of the continue.

So that means the best thing we could ever do would be having a big capital to be a great trader, if that is not available to us then we shouldn't really have hopes about such things at all.

Yeah, leverage trading is high risky one and what OP is demonstrating here is revenge which is different from leverage still risk-wise same. I mean revenge is kind of chasing your losses like trying for quick recovery without proper preparation. In trading we should not rush to open trade regardless of a fresh trade or a trade for recovering losses. If we open a trade after proper analysis then there will be no room for revenge.

Lack of patience lead to losses even in spot trading. Rushing to make profits leads to losses and lands into recovery phase where the actual 'revenge' starts.

It's not even easy to protect it on your pc anymore, and even hardware wallets are attacked, even if they can't take it from you by force or hacking, they will use social hacking and make a project that looks real and potentially something that can make you rich, get you to invest and steal all the money and this is done daily, so you have to be always on the look out.

Simple solution is to buy strong and trusted coins and not invest into anything else and put it on your ledger and just take it out of your pc, put it somewhere safe in your room and hide it. If you do this, you are 100% protected, but everything else you do will make it harder.

I think he doesn't really hype it with real working usage at all. I understand that some people expect him to do it, but he won't do it. The only thing he could ever possibly do would be "you can buy twitter tick with doge as well" and that is not really a working usage, I can do that with fiat too, it is just adoption and not utility.

Utility is like how you use ETH for all the erc20 token movements and you need to spend that ETH so you need to buy it which creates a buying pressure and because of all the nft+defi+dex type of period we have seen ETH do a big ATH, since everyone bought it. That is a real utility and doge has nothing close to that and will never have one.

The difference between 2021 and 2022 is clear to everyone, this year has been shitty for me and I haven't made much, hundreds as a total for contributing to maybe two dozen different ones, back in the day I would make hundreds from each I contributed and right now it is not like that at all.

I believe that the best thing to do about the current situation is just to focus on how we could fix these things, and how we could just participate in crypto as a way to make money by working, and if they do not pay us well then we should not participate at all and when they see this, they will have to offer more or just don't do it, we would at least save our efforts.

I think no matter how much they focus on it, eventually they will have to move away from it one way or another. I get that they might still be in recovery mode, and some maybe not even recover ever because they lost a lot, this is billions we are talking about after all so there will be a lot of people who will be forever gone but that doesn't mean that we are going to end up with such a big drop neither, it is going to be not matter.

I personally feel like those are not the people we are looking at, we are looking at something like having a good amount of approach from the big hedge funds and so forth, if they do that then they can start the bull run for sure.

The "discussions" are the reason why we are not entirely sure what's going to happen. If we would just buy and hold and leave, then when we come back we could find it doing great as well but because we do not want to and we end up with making some mistakes along the way because we keep staying on top of it, that causes a lot of trouble.

I believe that the best thing to do right now would be staying away discussing bitcoin prices, it is not going to impact the price just because we talked about it so what's the point on investing AND talking about it. Just get some, then go watch some movies, eventually it will get better one day and then you can sell.

But, what will happen is also surely unpredictable because things are changing very quickly in world so many decisions are making mess up like we have in this case as well but most chances things could be improved in near future with Taliban are looking for support which is not coming as they are doing things but as we all now situation is changing in neighbouring country Pakistan hopefully things could be beneficial for India in Afghanistan as well.

India is big country, and now they have ability to lead in Asia as well which is important for the balance of power China is taking few benefits but most chances things could be changed for India as well in Afghanistan, and they will be able to play their positive role in This region which will increase their strategic partnership in Afghanistan, and they will again play their sports in India as well with most chances we will have cricket and soccer in near future.

The weird thing about where I live is that online stores have higher price in our culture because it means they are providing an extra service. Yes I know that if you go to a store and buy something, the store would have to pay rent and salaries and bills etc etc, whereas if it's just a warehouse, it's cheaper because instead of 20 stores and 200 workers, they could have 1 warehouse and 10 workers and they could reach out to everyone.

However, they are saying between shipping and providing you with sizes (if you buy a clothing and it's too small, you can send it back and get a bigger size) and you not being needed to leave your house and all, these are all extra services instead of you leaving house and going to a store and trying and buying and coming back, so they charge higher for online stores.

There are some people who are used to doing unorthodox methods to make money because they think that in this world you need to think outside of the box to make money. In reality just investing 10% of your salary into bitcoin and keep doing that every time you get a paycheck, then when you have 20% of the money ready, go buy a house and pay 20% downpayment and 80% of it would be loans, and keep doing the same thing, save 10% of your salary and put it on bitcoin, and pay the loan back with the rent, and if its anything more than you could cut down on your expenses.

When you are ready get another house with 20% down payment if bitcoin is up, and then 80% loan, if you want you can refinance both and get a third one as well. This would put a lot of debt on you, but you would have 3 houses to rent out so that should help you a lot. If you can push through like this in life, by 50-60 years old, you should be a big landlord.

It is true that this will create a trouble, but even scarier thing is that if we do not care about it. Look at the plastics in our ocean, basically every fish you eat has a small amount of plastic in it, doesn't matter how microscopic it is there is some in them.

Because ocean is filled with plastic. Do we do something about it? This is hurting the world, and the world is heating up, there is a ton of pollution, are we doing something about it? No. So, it is not scary to think there is a trouble with battery waste, there is a scare about the fact that battery waste will not be cared about at all, and that is seriously scary and I do not know what will happen.

That is not a bad thing if you ask me. Some people think that having a lot of regulations would be crippling bitcoin but it is actually increasing the potential of it without people realizing. There is a lower high cap for bitcoin without regulation, and while short term it could go lower, there is a high high cap for bitcoin when there is regulation.

Think about it this way, if there are no regulations then you won't see companies like google, amazon, tesla, microsoft and trillions of dollars worth banking world all go into crypto, why would they invest into something with no regulations? But, if there are regulations they could all get in and make bitcoin go up super high.

There is also a difference in patience when you do it that way as well. If I am putting 50 bucks a month and keep doing that for the next 30 years then I will get rich and I won't be feeling like I need it because who needs extra 50 bucks a month? Sure some people do, there are 8 billion people in the world and I assume not many can do it, but I can and I would say it wouldn't be needed and I can wait.

However, if I sell my car lets say and invest that into bitcoin and it goes down? I would not be able to wait as patiently as I could otherwise, because in this situation I sold my car, and I want it to go up so I can buy a better car, but if it goes down then I can't even buy the same car back.

The problem with IRS is the fact that they won't tell you how much you owe them, so you have to calculate and pay them yourself, but if you pay less than you should, they will punish you for it and tell you that you should have paid more and now you are punished.

This means they know how much you should pay to begin with, because if they didn't know then you wouldn't be caught when you paid less, so they know, and they still didn't tell you at the start. In most other nations that is known and whatever IRS is called in your nation, they will tell you how much you should pay, and you pay it and move on. That is EXACTLY what American's need for sure.

If you are a newbie then the best strategy would be long term investment and not trading. I know many people think that it would be better if they could end up with some profit in the long run by trading, because trading could make them a lot of profit if they could find the peak to sell and bottom to buy and keep repeating that and it's true.

But, newbies can't do that just yet, you need to learn a lot more about trading before you could take that risk and it is clear that we should be able to just invest long term until the price goes up and meanwhile learn the trading part of crypto during this time. It will give you both profit and time as well, and you will be ready.

You sound like exactly how a newbie should get begins with cryptocurrency trading but basically I am not against to demo account. I mean I will suggest to engage in demo accounts for time being rather than learning such things from articles or videos. Because, learning in real-like scenario might be more effective compared what we could learn from books and videos.

Long term swing trading could be possible everyone but day trading must be profitable only for the pro traders. Swing trading usually demands derivative accounts but for BTC/USD pair we can swing trade even in spot markets which may help to eliminate liquidation pressures.

Being self-confident without enough preparation might lead you to be over confident. Building confidence happens on its own when you are gaining experiences and gathering knowledge from books and real time scenarios. Yes, when you are confident about hitting profits 8 out 10 trades then you slowly become a self-confident trader.

Learning from a tutor got limitations; no one could guide you for an all-new-market-condition but if you are self-driven trader then you may analyse the situation and may get chances to cut your losses earlier. I am sure that crypto market is too wild; so being prepared to face any situation on being self-resilient alone will help.

Yeah, investing into new altcoin projects is simply gambling these days. I guess there could be only 10% chances for anyone to get into a right coin which may grow over the time but unfortunately most of the times, almost all the new coins are losing its value slowly either in BTC value or in both USD and BTC value. Usually I do prefer to calculate my profits in BTC value hence I hate trying new projects basically.

Still, if we are lucky then we grabbed dogecoins before Elon started pumping then we could have easily achieved 20x profits but I am not seeing anyone did that but I am sure all long term holders might have got benefitted from dgecoins along with Elon Musk.

How hard to update the technology behind the blockchain? Just active devs team is more than enough to do so. When dogecoin was pumped from 30 satoshi to 1000 satoshi, dogecoin's official core wallet was not syncing at all; still we experienced multi-fold growth (now dogecoin got a fully functional wallet as per I checked last). So, if you are complaining about their blockchain technology then I guess it would be matter of one or two weeks or months time to get into a new technology.

I wish, new active devs to cap the total circulating supply as I remember initially dogecoin got limited supply like 100 billions (please correct me if I am wrong) but after that devs changed it to unlimited supply.