Logically, your subject doesn't make sense, it doesn't make sense to close trade when market is bullish, you only close trade when the market is bearish or maybe when you have hit your targets. However, most often, to always avoid your profits wearing off, it's always better to use Trailing profits, that's help you take profits at the particular place you want it to take the profit for you.

What you should know about market is this, both ways profits can be printed if you understand the market very well. As a regular spot trader, I don't short market when everyone is bullish, I become bullish as well because the trend is your friend but I don't follow the trend blindly like everyone do, I take my profits before we reach resistance, that's what I did with Bitcoin when we reached ATH of Bitcoin and then short the market at $71k and it's still open. The reason why I shorted is not because I'm bearish, the market is still bullish but short term bearish as halving is coming a lot of weak hands will sell off until after the halving before another rally will start again and by then my shot will be close as I have another open order waiting to be filled so we can continue the ride.

So, at first glance, you are good at reading and taking advantage of this momentum by buying BTC, ETH and altcoins. I think you are very skilled and know who to put your biggest percentage on.

BTC had dropped to $61,645 and started to creep up to $65,450 little by little, but I think the market is currently experiencing a consolidation phase and if there is a price reversal after this temporary correction, it will certainly come from a source that provides relief from the current economic conditions. If positive sentiment continues to come, it is not impossible that what you convey will also quickly come true.

Yes. Every speech from the Fed, Jerome Powell also provides some relief if it is positive, but if the delivery leads to negative, more selling will come so that the dump will continue again.

This proves that despite of the risk investing in bitcoin due to high volatility, there are still few who managed to trust bitcoin and hold it longer. Now they are almost at the peak of their success if bitcoin price reaches another all time high again. While those who end up panic selling are obviously regretting because they were beaten by their fears that lead them losing their future investment profits. However, opportunities never run out with bitcoin so they can still reinvest again and try not to panic selling again.

if market conditions worsen again after the halving and do not experience the growth that many people currently predict, I think most people who used cold money to buy Bitcoin before will be quite relaxed about this bad thing. Because they certainly won't panic and sell in conditions like that, especially if they are still patient enough to wait for the next increase in Bitcoin while continuing to buy at low prices. So it comes back to each of us who has so much confidence in Bitcoin, whether we will sell it or still really want to buy it and hold on to it until the next price increase is seen.

At this moment the Nigerian government are not against bitcoin or cryptocurrency as the ban against crypto in 2021 by the former administration has been lifted by this current administration, the problem is just with those corrupt law enforcement officers (the police) that are using their uniform to intimidate, harass and extort crypto hodlers and traders of their assets if they notice you are  dealing in the currency or peradventure they do an illegal stop and search and finds a crypto related app on your gadget then you're screwed as they will coerce and intimidate you into releasing your coins to them. And  they make sure all evidence to their trace are whipped off.

As crypto users finding yourself in this milieu it's imperative you take your privacy to any trace of cryptocurrency seriously, if it's by freezing your phone when going out or having a different gadget that's not about your crypto business/trading/holding etc. I am sure with time the government will take cases like this seriously so as to fish out such corrupt officers from the streets.

Economic growth and standard of living are directly proportional. We have raised the standard or living because of the growth of the economy and hence the expectations of the people living have risen. With growth of technology, people are learning about their neighboring countries and how they live and eventually bringing that culture into their countries.

This is how a civilization progresses and lack of economic growth is bad for that country.

I deposited $100, and now I've lost $40. Any advice for me? I watched some YouTube videos and found a technical analysis video which helped a lot. I started not losing as much. Sometimes I even earn. But even though, I feel so lost. Like every day, I see some random coins get boosted. Some people earn from how they know that coin will go up. I'm sorry for my bad English; it's not my first language.

Those two things are the most problematic and hard to control if you are just starting. It's definitely important to have that money management/ risk management when you are handling your portfolio. It's going to be a hard thing to recover if you have lost it all and have no control. As long as you see in the long term that you would be able to grow your portfolio, it's not a bad thing to consider.

Don't be greedy as well. It's tempting but it's not a good thing to do.

That particular game between Manchester United and Liverpool result was so unpredictable, if you're friend had placed a bet in favour of Manchester United to win that game then he must be a genius to come to that conclusion. When people become too emotionally attached to the club they are fanning, they do things without emotional intelligence and that they say is the beauty of the game. For me that was not too much of a wise decision your friend took, but however this is gambling, the higher the risk the higher the reward, and so far he has benefited from the risk he took.

In my own opinion, gambling is not a clear means of making money, even though there is a chance of winning that can be obtained, we must understand how gambling works, which in fact will only make us lose money and if we cannot control ourselves with the gambling we do, we will lose money. large numbers will occur. The fact that the host will always win is real, because the aim of gambling is to make a profit, and it is the gamblers who cannot control themselves who provide an advantage for the host.

Gambling is entertainment in the form of games and we have to spend money to be able to enjoy the sensations involved, including the sensation of winning. Of course, most of the people who gamble hope to win, but sometimes that hope becomes a trap for us. Many people have experienced problems because they gamble too much, such as having a lot of debt or messy finances. If they didn't misinterpret gambling, maybe there wouldn't be a case like this, but it can't be denied that with gambling advertisements that say they can win easily, of course it's tempting for everyone, of course when it comes to money, everyone definitely wants it, let alone getting money with it. a large amount just for free. But gambling is actually not like that, gambling should only be done as entertainment, not as a main source of income. that is a wrong perception.

Yes, even though people talk about decentralization or something like that, crypto needs government involvement to achieve high prices. But imagine if all governments were to ban crypto. I think crypto would still survive, but it would be used among small groups and be hard to maintain a high price like it is now.

Couple of weeks ago, a friend told me about a new memecoin Gecko Inu (GEC). As at that time, the mcap was below $2.5M & I was like this could be another rugpull but as an investor, it's sometimes necessary to take some calculated risk so i invested some few $$$.

Surprisingly, the token started to trend and in less than 33 days, mcap has now surpassed $16M with prominent exchanges now listing it. My 2024 would have been sealed had it been I also took heed to invest in BRETT and BOME which have equally done massively well.

With the realization of what appeared to be dream, it looks like some new projects could be the centre of attraction in this coming bullrun as investors are looking for ways to maximize profits by being among the early birds in a particular project hence the reason you need to have some USDT kept aside to take advantage of this evolving new projects. What are your thoughts about this? Let's discuss.

there is a big possibility that if we only have or do one of these two things it might be disrupted, but in my opinion it depends on us ourselves. Because if our finances are stable and if we only have savings, this possibility will not be disturbed even if we just save. I have a friend whose finances are very stable, he doesn't make investments but he saves in many banks, where he chooses which bank to save and not to disturb his funds, and saves for financial funds that can be withdrawn at any time as long as we need them, in my opinion this is depending on our own finances and the way we manage our finances.

It would be a shame if the investment made had to be sold at the wrong time. Of course we want the best, including profits, which are the most profitable point, but if we sell it at the wrong time, of course it is not a desire but a compelling situation, so we have to do it even though the profit is not much or even at a loss. Therefore, before making an investment, in my opinion, we must have a reserve fund or emergency fund or other savings to deal with unexpected things, don't let the investment made be disrupted at the wrong time.

As technology develops, the gap between countries widens. It is not easy for countries to keep up with each other. It is very difficult to keep up with the development rates of some countries. This shows that we have entered a time when great differences have emerged between countries in areas such as technology and it is not possible to close these differences.

Working hard and providing quality education are things that some countries need to do to catch up with other developed countries in these areas. Technology is developing so fast that even a slight delay can cause a huge difference.

The main achievement of technology was that it made absolutely everything easier. It's easy and fast to do hard, complex calculations, it becomes possible to book things from home, it's possible to connect with friends, it's possible to buy things and trade with different parts of the world from your home or office, it's possible to work from your home to a different country. Many things became possible thanks to technology and it accelerated absolutely everything and every process in the world.

Every day, inflation devalues your money.  Think saving is safe? It's pouring faster than you blink. The "implicit tax" is a quiet robber that steals your savings and reduces their purchasing power

As if that's easy, invest in bonds or the capital market. While profit-seeking is appealing, let's not ignore the risks. They could be financially devastating and cause sleeplessness. Not all financial issues can be solved by investing. It requires informed decision-making with the knowledge that success is not guaranteed

The great finale: buy bonds because Central Banks will slash rates if inflation declines. The market has a way of making even the most confident predictions look foolish. The play's what? Jump into investing with eyes wide open, aware of the threats but ready to take them? Or rely on dwindling savings accounts? Your option, but in this economy, every choice is risky

Seems like the road to $100k is very rough indeed with how poorly the market price has been, some how it looks like we're never going to see $80k before the end of this month. Is getting to a week and we haven't seen anything positive like heading towards the $70k it was before dropping and we're expecting to see a new ATH anytime soon and that would happen when the price start going up, I think the market price might change in the next 3 days.

after the bull run and hopefully you hodles your Bitcoin til the ATH and then you have made enough money, are you going to go out there and let those who were in doubt about the profitable potentials of Bitcoin to let them know about your investment in the Bitcoin and how so well you are doing in the industry?

I want, after the noticeable decline today, I want you to advise me on some currencies to invest in. I have two thousand dollars to invest. I want you to give me a list of digital currencies to invest. What do you advise me?

In fact, the entire cryptocurrency market is affected by following the price of bitcoin, so it may take some time for the altcoins market to become crowded. During this time many of the top altcoins have increased in price to profit from selling opportunities to investors. A few months ago the situation in the crypto market was bad and it is natural that those who invested then will now get good returns. So if you just keep research roots and don't invest then this market is worthless to you.