I am somewhere close to you. Not in age but how I realized it and how I spent mine for useless stuff and lost most of it. However I have been doing fine thanks to this new increase. I am not saying that it has been a great situation, we all know that if we are not careful enough then we are going to lose it so I ended up investing with the drop during march 2020 and that has been my rock that I stand on. After that I did some good investments as well but never did as much profit in dollars as I did with that.

So, I would say that it is clear for me that even if we lost too much money we still learned a valuable lesson. We are still young, there is a long way until being retired and that means we could end up with something much better by the time our retirement age comes. I am hoping to have over half a million dollars saved when that day comes and it would mean a great retirement for me.

That's the key difference here, in a week even the best trader could have the worst week or the worst trader could have the best week. It is a very small sample size and that tells us nothing at all. I had weeks where I did 10x profit and I had weeks where I lost 80% as well, so I can't really base how good or bad I am on any week of my life, so neither should anyone else.

What you can get from a week is to see if you could leave emotions out when you are trading. That is a very important thing when you are trading and if you could do that then you could become a decent trader in the future, if you are new and you could leave emotions out of trading, that would be the only thing to learn about you in a single week.

After end of first half now both teams are level with 1 - 1 but Sevilla done some good in first half now if they keep this momentum then surely they can restrict Real Madrid and can stay on second spot in La Liga with one game still in hand because now after Xavi's arrival situation is very serious in this league Barcelona is improving so other teams have to do some better for staying at top today Atletico won and Real Socidad lost and if Sevilla also lost then surely Real Madrid will enjoy 5 points gap against their all opponents and Sevilla will also slip from second to fourth spot with just 5 points gap between them and Barcelona which is now also hunting for their spot in top four as they already out of this year's Champions League knock out stage.

I have seen many people talking about 100k recently, everyone is aiming at that and I hope that it happens. Yet, just like you said, even if we are above 70k and whatever it is, it could be 70001 then I would be happy about it. That's a great base to start with, every year bitcoin is reaching insane numbers and I am quite happy about it. Aside from going from 2018 to 19, nearly every year was a big success and I hope that same could happen this time around as well.

I can't say much about what is going to happen but I see that every time we are higher yearly, that is a good thing for the future. If we are higher every year, what would be the price of bitcoin in 2030? That is the thing that I am so happy about, if we keep this long term trajectory going on, then we are going to end up with something huge when 2030 hits and maybe that would mean I would be rich? Who knows.

Anyone can work as a crypto retailer, and you don’t even need an exchange for you to be able to run a business like that. I’ve seen a lot of people in my country where I live who are working as crypto retailers, and they own their own websites slash exchange where they do their cryptocurrency business. Their business is like a peer to peer form, so the government can’t really interfere in their business, because the government wouldn’t be able to know what is going on.

Although there have been some of them that are registered under the government, and this ones can be affected at anytime if the government decides to ban them. Only those that have stayed as peer to peer are the ones that won't be affected by any rules that are set up by the government to ban cryptocurrency. So, being a crypto retailer is nothing new at all, there are lots of people who have been doing it right from time.

China has fully locked their doors on cryptocurrency, and banned crypto mining companies from their country. So right now, I always consider everything that has to do with China as out of topic when it is cryptocurrency that is being talked about. Are you forgetting that yesterday that the price of Bitcoin was trading almost at $60,000?  although today it has dropped to $54,000. So, you have to know that it is a normal thing that the price will always go up and down, that is how Bitcoin is, and it has always been like that from the start.

I’ve seen a few experts analysts who predicted a decrease in the price of Bitcoin, or do they were being positive on the price of alternative coins in the future,  but I don’t know yet whether I am to believe all those analysis or not. Because, I am still believing that the price of Bitcoin will increase this December before the year is over.

I would say that anyone who has never been part of previous cycles will not be able to predict what the future holds. I get that it is not something that many people could comprehend, and they do not know how it acted before, but this is usual for all the other ones.

I get that it is regular for us, I mean we will have great years, then we will have altseason, then we will crash, then it will be like that for a while and during that crash it will go down a bit, then a bit more than a bit more and so forth, then it will stay like that for a very long term without moving much, sure a 10-20% move but that is nothing in crypto, and then suddenly it will be another skyrocketing increase. It has always been like that and will keep on being like that again in the future.

I believe that the very big reason is that its entry point and known more than any other. It is at the top of the list and if you want to buy crypto then buying bitcoin is the easiest part of doing that. I get that we as crypto people know thousands of coins right now and that's fine, we could invest into those if we want to, however all the newbies and veterans alike end up investing into bitcoin first, then moving to other things if they want to.

This is the main reason why we have such big volume on bitcoin, and why we have high leverage as well because people want to make a lot of profit but they do not want to risk it with low level coins. I believe it is not because bitcoin is by far the best, but it is because it is by a big margin the most popular one.

I definitely agree that there is a good chance Bitcoin could be toppled one day and I have always believed that and said that. I know that people believe there will never be anything at the top above bitcoin but unfortunately bitcoin is a very low tech thing compared to others right now, it was the best for a while when it started but look at what we have with other things now.

I am not saying that better tech equals better ranks, that doesn't mean that we have to believe bitcoin will stay neither. For example, ETH is second and there are better tech blockchains out there compared to ETH but I believe that we are not going to see anything better than ETH for a while in rankings neither. This is why I honestly say that one day ETH will flip Bitcoin but it may not be right now, it could be sometime before it actually reaches to a whole new level.

If you configure your bot properly and you have a decent bot then there is a chance that you could never "lose", all you will have a ton of bags that you will hold. However, assuming you deal with known high level stuff, things like btc/usdt, eth/usdt, btc/eth, usdt/bnb and so forth so forth then you would not be holding them for too long. There is a good chance that you could actually program your bot in a way that it either gives you a profit right away, or it waits until it gives you a profit until the prices go back up. That is how I used mine back in the day but unfortunately it started to be a little funky and I decided to stop using it.

I do not believe that ETH could be 10k+ in a month, that would be way too big of an increase to have and I believe that we will probably have something much lower. However 5k could be great, that would be something that I would expect from bitcoin and if that happens then we are doing fine.

When you are expecting something closer like 5k then you could be happy with any increase, when you are expecting something like 10k or 12k then it means you are expecting something much bigger and even 5k which is a new ATH if happens could still be something you are upset about, not really be "upset" but you are disappointed that it is still at half of what you are expecting it to be. Drop your expectations a bit lower and you are going get happy quicker.

I agree that usually people do not expect too much from analysis since it could be true or it could be false and we do not know which one until it happens. The reality is that we should be focusing on long term investments and looking at how long term looks great for ADA, there is really no point to believe or not believe this chart, in any case in the long run it will be fine.

I am not saying go out there and buy ADA, there are other coins as well that you could buy for long-term holding, all I am saying is that when you are looking at a chart and it shows that there is a good chance it may go up soon, then you could buy that coin because usually even if it doesn't go up soon, it will go up later on and that is how you make a profit.

Nobody said that it is the optimized and perfect version of gambling, but if you like NBA and you want to wager on the games that you are about to gamble, then why not? I love NBA and I watch the highlights of every game (can't watch the regular games it is after midnight here) and that usually means that I like to wager on them too.

It doesn't make sense to wager on sports that you do not watch, people wager on tennis and golf as well but I don't do it because there is no reason to do it for me, I don't watch them so why would I wager on those games? I know that there are better games and all that you could wager and could get the most out of, but if you do not like those games then it doesn't make sense.

The latest technical analysis from one of the most popular analysts in the market shows that the Bitcoin market might still continue to decrease, as it would be facing more price correction. The analysis goes further to say that Ethereum and some other top altcoins in the market stand a bigger chance of increasing In the near future.

But all these things are still speculations, none of us can really tell what it is going to be, so if you still believe that you will be able to keep holding, then you should continue holding your assets and not sell it, but if you feel that you have made profits already and you don’t want to lose anything again, then you can go ahead and sell your coins.

It was never really "ultra cheap" considering there are free networks out there that people could use if they want to. The problem here is that we should not be looking for something that is free, as long as it is "cheap enough" then we should also look for the quality of the projects in it.

ETH is amazing when it comes to projects in their network, but it is incredibly expensive, literally costs 100 dollars to approve a swap pair for example, whereas SOL is great for fees since it is totally free most of the time or maybe like a few cents at the very worst case I believe, but when it comes to projects in their network they suck and there aren't any proper projects there, sure there are a few but they all feel subpar compared to ETH and BNB. So this is why people pick BSC, it is not the cheapest and it is not the best, but it is the best you could find for that price.

That is something that I have done many many times over now. I usually do not get in with an "end game" in mind and just hold things for as long as I can, try to not get out as long as I can as well. That usually ends with me holding something from bottom to peak to bottom again.

I can't say that it is a great feeling, it is a very sad feeling but at the end of the day I also made a lot of money thanks to it as well. I can't say it is a bad strategy for me, it is not a great one but it is not a bad one neither. This is the method I made most of my profit so I know that I am doing something good, but almost all of that came from the top three coins, rest did go up and down and I should have sold at the peak.

There are debit cards which are printed by some weird companies that you could fill with crypto, that could be one of the reasons why credit card is safer. Nobody really thinks that same bank offering same card but different purposes could be any different in security, if X bank gives you credit card and debit card, there are now some that literally does it with same card so you could either choose to pay with credit or debit with the same card.

This is why I believe that the person you replied to probably talked about different debit cards, there are so many like I could literally get 100 bucks filled debit card, use it, and then throw it away, it is purely digital and it really works but is it secure? Not as much as a credit card issued by banks.

The difference is that not all staking is like that. For example BNB is not a proof of stake currency, neither has a defi directly that pays in BNB neither, not that I am aware, so there are just places that pay you savings account interest for your BNB and that is wildly different. For example if you have UNI or CAKE tokens and you stake with it, that's different versus what BNB is getting.

This is why I believe that you may think BNB investing and BNB staking are similar, but BNB investing and UNI staking are wildly different. Things are not really as close to each other as you might imagine, staking is definitely a lot more riskier than long term investing into things like BTC or ETH, the reason for that is the fact that proof of stake coins has inflation based on staking rewards and if the inflation gets too high then the price of that token will fall.

That 4 year cycle is an old talk and wasn't correct this year. We had a big increase to ATH during April, and then we had a 50%+ crash and then we recovered to a new ATH once again in the same year. This all happened within one year, which means that people are definitely looking into something for themselves as well, it is going to be not so weird to expect it to be 100k somewhere in 2022 as well, which could mean the start could happen during December too.

It is why I believe that bitcoin could always fall like you said, but that doesn't need to happen all the time, it could happen at different periods as well and maybe this isn't one of those times, it was a correction and we will recover and break ATH again, or maybe we won't but there is no guarantee which one of those things will happen. This is why people believe "anything could happen" is more likely than saying this or that will happen.

I do agree with you in the fact that volatility makes it a bit unpredictable, and that is not always a bad thing, sometimes I am quite happy with the fact that we can't really predict what the market will do. There is really nothing that I would rather have in crypto aside from volatility, imagine if we had stability in crypto and how boring it would be.

The fact that we have some huge hypes time to time and everyone gets involved with crypto is actually what makes crypto so pumped at times, and that's caused by volatility. Sure during periods like this when the price falls then I agree that it doesn't make sense for people to join that easily, but when it is skyrocketing then you suddenly see more and more people coming in. This is why volatility is such a great thing in crypto and that unpredictable situation makes it so much more valuable.