Yes, there are different types of trader which includes gamblers also. Only very few people are using technical analysis to buy and sell and most other than just a gambling because they are taking decision at their own wish. Like you have mentioned, as everyone is trying to catch low, it is seeing like everyone is following same kind strategy but there cannot be such thing to exist because market is too vast and trader knowledge also too vast so there are big chances for everyone to follow different strategy to catch same low prices.

Binance by far is the best one, I would keep my money there no matter what the reason is, other places could offer me better stuff and I could still pick binance because I think they are by far the best ones out there and I feel secure when my money is there, there could be other people who may not see it that way but I have always felt that way against binance.

Plus they are building the BSC bigger and bigger which is a proof that we are in a situation where BNB will get bigger as well, so what I do is just get BNB, and stake that and hold it on binance, that means I am profiting from all the improvements in the binance ecosystem, it is crazy to think about what that could mean. Which is why it is obvious that if I ever have to keep any money on any exchange, it will easily be binance, and at this point I don't care about what could be done with crypto, it is still binance that would be the peak of it.

We can’t be so sure, especially myself, cause I haven’t heard of this project before and I haven’t done any research about them, so can’t really tell how good they are going to be, but if you have done all your research and you believe they are very good, then you can still take the risks.

Everything in this market is all about taking risks, before you see that success you’re looking for you will have to take the risks to be able to achieve it. That’s why a lot of people likes to invest their money in different places so that they can make profit , if others are going down, some will be going up, so that’s a win for them. It’s mainly a risk when you’re investing in new projects .

Honestly We need to take this like people are deliberately looking for some innovation into their regular routine works. Because of lack of innovation in most of our day-to-day sectors, people who are all involving into those business, seeking some improvement so that they are believing changes of their lifestyle somehow. So I'm not seeing this like annoying when someone is looking for enhancement into agriculture because of bitcoin/blockchain technology.

At least through being a new and innovate payment processor, bitcoin may help agriculture in terms of attracting new customers and then regular buyers.

I am little confused with your comment; you are seeming like talking about the benefits of stocks and crypto at a time. Game stop incident led people to adopt crypto, fine but stock is regulated hence it is secured, I do not think so because even registered corporates go bankrupted at times. Why you need clarity physically? I mean do you refer anything like you need more proof?

Both are having some level of risks but when considering benefit levels, why not we go along with high ROI thing? Moreover crypto is decentralized which makes less prone to getting disappointments unlike stocks investments.

This is true in many places of the world, thats why people try to be a politician in many nations. You can look at the asian continent, starting with China where the leaders and the party basically owns half of everything in the entire nation, and check out many many nations there where politicians are the richest people in the country. You can check latin america where politicians are once again the richest people in the nation.

You can check old soviet block where there are many politicians that are rich so its rooted in europe a bit as well. There are few nations where richest people are not politicians, sure the young president of finland may not be rich at all, but those type of situations are very rare doesn't reflect the reality. Which is why I think its quite obvious that we should not be looking at this as something that would be only limited to africa.

Sorry about what you had to pass to through for losing your money. That’s why you have to be very careful in anything that has to do with business online, there are many scammers online waiting for who will fall into their trap.

You said you were making use of the Blockchain wallet right? Then there are chances that you can still recover your account because Blockchain wallet accounts are created with email, so if you are still making use of the same email that you used to create that Blockchain wallet account , then you can still get back access to your wallet using the email and your password.

There are also people who do not work for themselves too much. Warren Buffet and Bill Gates are part of these people, they have signed a donation paper that says they will be giving away 99% of their wealth when they die, and that means we are talking about 100+ billion dollars combined. Did they stop working and earning money? They have not, Warren Buffet is now 90+ years old and he still tries to earn billions of dollars every year, and when he dies all of that money will go towards charity.

It means not everyone in the world work and earn money just so they can leave it to their offsprings. Or there are people who do that as well, look at wallmart, the owner of it died as a rich man, he did probably spent some but not all, yet after he died his family became one of the richest families in the world. So there are few reasons to not spend what you earn.

If a nation really wants to help the poor so much, they have to tax the rich higher, and poor lower, that would be enough, more than enough. Think about a person with minimum wage in almost any nation, and they do not pay any taxes at all in anything, wouldn't that make them a lot better? In that case the power of the money stays the same, those people spend that money and basically pours that money into the economy helping the whole nation, and the country is still quite strong.

Well, what if all those people not paying taxes mean bad for the government treasury? Just make sure to charge higher taxes for super wealthy, people who make 10+ million dollars a year, and if any of them try to take their money somewhere else, make sure you charge them a HUGE fine when they bring it back, that way if they want out, kick them out, they can't come in without proper apology amount paid.

This is nothing, I have seen a lot of people like that. I can remember the last person I met, a lady, and she was telling me how she lost money in trading bitcoin. I tried to make her understand, but she said that she has already made up her mind never to trade cryptocurrency again and will never do that. Such a person will try to discourage her friends and others from trading and investing in cryptocurrency. She keeps saying that bitcoin is a scam.

There are so many people like that who lose their money in trading, and it happens everyday to a lot of people, and some of them run from it and call it a scam, it’s going to be really hard to convince them to invest their money and time in it again.

I know that Liverpool versus United is the big game today and that is why many people are betting on that. But I think it is quite important that we check the Spurs game as well. They are playing against the team that is at the bottom of the table and guaranteed to go down, so Sheffield literally has no reason to keep battling anymore whereas Spurs do have a chance to go to europe if they fight hard enough for the remainder of the games, and this is the easiest one left.

I know that the odds are not great, I know it pays very little, but if you can put a good amount of money on this game there is a very high chance that they could win. Nobody can guarantee any win in any game obviously so maybe sheffield will win who knows but to be quite honest it doesn't look that way at all, this is why it is an easier game  to wager on compared to United vs Liverpool.

This question could be asked once a week and the results will be different each week. Just a few months ago BSC started to grow, it became huge, why? Because ETH gas fee was silly high, it was literally 40+ dollars at one point, that is just not acceptable and that is why I think people ran away from it and joined BSC and did their things there. However now that ETH is cheaper (because most people left) we can say that it became a bit better again.

With July and eip 1559 that is going to be a lot easier and we are going to end up seeing what could be done from ETH point of view to attract those who they lost to BSC, if they can find a way, they could grow 10x bigger but if they can't, BSC will keep going up. Meanwhile BSC did everything right until the last 2 weeks, but they grew so high that now they are having a bit of problems with lagging on their chain as well, they need to fix that if they want to keep being good.

I still can't believe that some people have such high expectations about rich. I mean not having to deal with economical problems in your life is more than enough for me to consider someone rich.

I do not mean yacts and buildings or whatever, I mean literally not having any debt and living a regular life, nothing to envy, just a regular life, maybe a decent house, nothing fancy totally regular and unnoticeable house, not a shithole neither but a proper at most 20 year old apartment flat would be more than enough, even in the most expensive nations that is like 100k to 300k (except very very expensive cities) and if you have a car and can get a new one once every 8 years or so, and not have any debt while living a probably frugal life like not spending too much on things but not having any problems if you face any emergency, those are good things and 99% of the people in the world do not consider that as rich, I think that's rich.

As I am unable to make quick trading, I guess scalping is not my cup of tea. I'm just preferring to analyze market slowly and then taking decisions on my own time so that I will not be missing out on anything. This way I am very much comfortable with long-term holding kind of bitcoin trading.

Even I'm good at technical analysis, I'm not in hurry to make more number of trades. I believe being slow while making trading decisions is helping me to avoid any unexpected mistakes which are core reason for losses.

Yes, holding is the only effective and riskless way of making profits with bitcoin and all other methods are having significant risk levels. I'm seeing lots of people are directly entering into trading but after facing continuous losses by unable to predict market directions due to high volatility nature of bitcoin markets then they slowly coming back to holding options of bitcoin markets.

So, the people who are directly opting for holding bitcoin definitely will make big profits compared to those people who are trying trading at first hand.

I guess you're forgetting own intermediate step between learning and real trading.

That must be practicing in demo account.

Because without practice, entering into real trading will lead to big losses at any time. I mean just learning from books will not be enough for any trader but they must need real-time practice which is possible when we are making use of demo accounts.

Yeah, that must be an enough reason for anyone to invest into bitcoins right now. When we are having billionaires to back up bitcoin then we can definitely expect continuous progress of price levels in near future. I guess no one will need anything else except this.

I believe we can surely expect bitcoin to jump toward $100 levels in coming months; but right now it is facing small hiccups but hopefully it will manage to come back strongly like before.

I guess that's kind of easy-going will be possible only after we are having significant experience in crypto trading. I'm not seeing new traders are accepting losses easily and moving forward but they are all getting frustrated more intensively due to losses. Yes, I agree with you, changing this kind of behavior is not easy for anyone but over the practice I guess everything will come into as a habit.

Avoiding frustration is very must thing in trading because only when we are feeling with fresh mindset we can focus on next trade which will be more important to recover losses. Usually feeling frustrated again lead to another loss.

Yeah, both bulls trap and bear trap are frequently happening in crypto markets and fortunately I am not getting into any of them so far. It has become possible for me because I'm not waiting until end of trend reversal. Just catching the middle of the trend is my usual plan.

Sometimes I do get tempted when seeing unexpected new opportunities but if my technical analysis not showing anything like that then I will simply leave off that.

The problem is not bitcoin, the problem is those people your talking about, so there is no need of saying that it is enable by criminals. I make use of bitcoin, and for sure I don’t even support all those people calling it a digital gold, oil and whatever (when people around me use those words I correct then immediately that bitcoin is simply bitcoin and a cryptocurrency and nothing more than that) those people are the ones who sees it as a means to milk out the whole money they need, they are always telling you that price will get to one million dollars.

But having such people doesn’t mean that there are no good people in their right senses that knows why they are here, just that you don’t want to notice them.