The simple and most efficient way to increase profit is to know the rudiments of trading. Expectedly, that should dovetail into a mastery of the set skills for trading. Without skills no one can achieve anything meaningful in a terrain that demands skills. Trading is a profession and should be handled with skills. People miss the pont when they try to see it as a shortcut to riches. It's obviously not. OP, you got to have a handle on trading to be profitable if you want to take it as a career.

In as much as I concur that capital is necessary in trading, I want to disabuse your mind that it's the ultimate requirement when it comes to being a successful trader. No, it's not. To be a successful and profitable trader what is required is the set skills for trading. One can build on small capital if one has the set skills. It may take time to build, depending on what capital one has but one can't build on a capital without having the set skills. It will only take a few losing trades to ground one. One can get a few wins momentarily because of the huge capital one has but any mistake that throws one into loss will demoralize one and that's where the losing streak comes in because one would be at a lost as to what to do again.

The general expectation is that the next bull market will come after next halving year which will be in 2025. Halving is expected to take place in 2024. From observation, Bitcoin usually begins it's rally from the last quarters of the year preceding the halving year and then gets to a crescendo the year after halving. I saw that happen in 2017 after halving in 2016 and then in 2021 after halving in 2020. I do not see the next rally any different from what precedence we already have.

Well it goes beyond when an ecosystem is very active to when the statistics released are genuine. For me, I steer clear of projects with low trading volume because it shows less participation and trading activities going on with it. Price can stall in projects with low volume and it could take a while to sell off. Maximum token supply in relation to its price and trading volume is another thing worth looking into while investing in a project.

You've to make it a matter of necessity to become active here if you were to start ranking up. Nobody feeds a dead horse. I checked your post history and found out that there's a lacuna somewhere there. Such gap could've cost you some merits. Again, make your posts to be constructive and contributory to discussions. If I would indulge you, kindly desist from one liner posts also.

For emphasis, what you said there also is a speculation 🤔. The bottom line is that this industry is speculative in nature and that's why some people erroneously say it's akin to gambling (it's not, actually). I guess the speculative nature stems from the fact that nobody knows tomorrow. The crypto industry is based on what happens in the future/tomorrow, we only can speculate on where price will be going. No one is certain what happens next. If anyone knew of certitude where price will be headed to that person will be made for life. Again, due to the uncertainty in this speculative industry, investors are warned ahead to only invest what they can afford to lose.

But of course, everyone has different temperament and that shows without any hindrance during trading. Each to their own and that's why it's highly advisable for every trader to develop their own trading plan. Look at this scenario, if all traders were to use the same pattern or even follow a particular trade signal, trust me there are still some that won't make the same level of profit from it as others. I'm talking of the same trade signal handed over to different traders. With time, I've learnt not to use default settings of any indicator I fancy. I must tweak and find my own setting. So far so good, I rely most times on my trading plan and if I've to take anybody's call it must align with mine. Otherwise, I stick to mine.

I don't know what you do offline in real life and outside this forum but you seem to me a newbie who is busy and reluctant to post here. An account that was registered in 2021 would've had more posts and activities if they were ambitious to be here. Unfortunately, you've just 4 posts. May be it's time to roll the sleeves and work it out.

I bet your prospective employer may not have even heard about this forum, to start with. Let alone include it in your CV. Besides, this isn't even a formal place of work. You can loosely say it's a place people can earn, and then mean it to be informal. Whether people make a living here or not, I would say they do. However, it's an informal setting.

You succinctly captured the whole thing in the quoted text. That aspect is the great undoing of many speculative traders, not just crypto alone. There's no trader who would say truthfully that they hadn't been caught in that web. We need a bit of greed once in a while in this market, especially when one thinks the coasts are clear. The market doesn't show us mercy when dealing us in loss and I believe that's why traders expand their expectations while in small profit. However, what I will advise in a situation like this is for such a trader who wants to risk it further to adjust their SL to entry level. It's a bad trading habit to watch a trade already in profit go back into loss. With entry level, you don't loss anything again.

Are you sure the slow internet connection isn't from your side, depending on the device you're using, network and broadband connectivity you're on to? Sometimes, it could be. I use chrome too and haven't been witnessing that error message assessing this forum. Nonetheless, I must admit that it's like this is becoming a thing on BTT. There's A Brief Break in Transmission thread that I commented on yesterday on this same issue. I hope this issue is speedily taken care of before it becomes highly irritating.

I think you took it for granted that everyone knows the meaning of "factoid" and that those who don't are likely to look up it's meaning. It will be a good place to lay the definition first.

Factoid – An inaccurate statement or statistic believed to be true because of broad repetition, especially if cited in the media.

*I had to look it up in the dictionary myself*

I guess your first paragraph best explains it. I've also encountered that several times though my first time experience was hysterical. I panicked. It went from me thinking someone had hijacked my account to thinking the forum had suddenly disappeared (as in, dumped by the admins/owner). With time (each time it came up again) I realized either of the two you mentioned could be the most reoccurring cause for that. This day when I encounter such I just close the site and wait a few minutes before trying again. So far, it has worked wonders because there's nothing much to it to bother anyone.

Check the date on theymos' post and what it was addressed to, you would realized that both situations aren't the same.

It's the Number 1 money-man on earth at the moment we're talking about here. Definitely he has some level of clout, whether we want to admit it or not. Money is the name of this earthly game we call hustling. Elon Musk has it and just like ants to sugar, there are expectedly going to be those who will worship the soil he steps on. Yes, I don't like his guts too (just like you) and how he makes comments he doesn't linger long enough to stick to but then I give it to him that he has an ability to influence stuff. His power of influence may not be on veteran investors and traders but we can't truly say that for noob investors.

Nice one. Una wey still get grannies na treasure una get oh. Make una treasure dem now wey dem dey alive by moving close to dem and relate wella. Na una go benefit am pass. From time to time sef make una groove dem join. BTC money too much, e nor dey finish 😆

I already did 😆

I really don't think that what KingsDen did in that question to OP was bad or wrong. It was rhetorical and only OP can figure that out. Again, come to think of it; why would anyone leave their investment decisions in the hands of complete strangers they meet online? Except you're in complete sync with someone offline before meeting them here online, I think you shouldn't rely completely on what they say to form your decision. OP shouldn't just rely on whatever

Bitcoin isn't a store of value if you asked me. This is because it's subject to fluctuations and volatility. Anything can happen to make price go wry with it. Pointedly, we've to quickly remember that there were those who bought Bitcoin at ATH in 2021 and of the fact that price has since then not gone back to that range. To those ones, I'm not sure the value of what they invested has yet been recovered. What store of value can that be then? For me, Bitcoin is best described as a speculative asset. I use stable coins as my store of value.

Variety is the spice of life. I guess it's better to have options than not and being monotonous. Several online sites which aren't even as old as BTT have the dark mode option (though I don't like using it) and it won't be a bad idea to have such implemented in this noble forum too. I've been given to understand from what I've read in this thread that there was a time a few years ago this same issue was debated. Whatever that happened that made it not see the light of the day shouldn't resurface now. Theymos should let us have that option. We should be upgrading.

Synchronice, thank you for revisiting that issue.

Well, yeah you did actually. You're old enough here to have stumbled on this warning that people shouldn't save their seedphrase or any valuable data on PC/desktop. Writing such out on paper has proved to be more reliable than storing it on mobile devices. While not trying to rub it in your face, I sincerely do hope you recover it and also that others too learn from your mistake on this. What's the feedback, OP?

However, make sure storing secret phrases doesn't involve leaving them on a PC or a mobile device, especially one connected to the Internet. Doing that leaves one vulnerable to hackers.

The list will be more endless in the future and much easier buying Bitcoin. The only issue will be that Bitcoin is likely to be more expensive then than now. As things improve and development envelops time, it becomes very easy transacting in cryptos. Imagine how difficult it was buying Bitcoin a decade ago when it debuted even at giveaway prices. Exchanges were very few then and people couldn't even know which of the exchanges to trust transacting with for fear of being scammed. Today, we've lots of exchanges and P2P outlets and groups to buy from. More will open up in future too.