If you are expecting governments to say this in public, you will be disappointed but in future it might happen that governments are more lenient towards crypto and its transactions as soon as they devise a method to successfully tax every capital gain on this asset.

Regulation should be taken up with a positive note, in my opinion. It is inevitable because the number of scam projects making a bad name for crypto are way more than any legit project. Bitcoin is no longer the focus on newbie entrants but altcoins and shitcoins that have no value. They do learn their lesson but by then it is too late.

It is the reason why proper development in tech on this sector has also slowed down.

However one might try to justify it, a ponzi scheme is a ponzi scheme and although the forum administration does not moderate scams DT members have the right to mark the users promoting these scams as a dangerous mode of investment. Therefore any flag regarding this matter will be supported by other DT members and probably the accused account tagged.

A HYIP/MLM takes money from new investors to pay its old investors, some people might make some money out of this but the real winner here is the one operating the scam and the ones who are getting affiliate commissions from it.

Hence newbies should stay away from this unless they are mature enough to know how this scam works.

Scammers will always try to advantage of human emotions, this is a prime example of the same. While people should be cautious there will be some innocent and kind hearted people who will be willing to donate and they are the prime targets.

I think it will be best if people send money to their relatives only and not send money to random websites and addresses being posted in the internet and forums.

With markets crashing everyone will face monetary problems but we need to hold on to the helm for tiding over this time.

Using the paper trading is also a good option. This reduces the chance of ending up losing money while making sure you practice the ins and outs of trading. This should be done for more than six months without getting tired of actually doing profitable trading.

Strategy should be same, buy low sell high and nothing more. You will make more profit but in longer time. For being a successful trader, one needs to have patience and not hurry. Without patience you will not be able to reach the  points to buy/sell.

There are a lot of people calling themselves to be experts in trading. But be cautious about such people's words. They are not to be trusted in most cases.

There can be two options here,
1. Bots that you have developed on your own - you can program the bot yourself and make sure it runs properly.
2. Buying a bot - you have to trust and pay the developer. There are many devs out there with reputation. But this is a compromise they need to make.

For a speculative market the seond options leads to a lot of mental stress. The first option is also not free of mental stress but lower.

Using these bots will never guarantee your profit but only make sure you continue reading during sleep and at times when you are not in front of the device. Nothing more than that should be expected of a bot.

Emotional habits will lead to losses in crypto. But this can be overcome by some people while others cannot, those who cannot should refrain from risk taking attitudes like gambling and trading.

Due to the ongoing war, I assume the markets to continue dropping, even though bitcoin came back up to 43k, others may not be that good in recovering. I think all traders should learn how to disregard news and continue with their original goal when trading instead of watching the outcome. If someone had bought at 36k, they are already in profit. This needs to be understood, that the focus should remain on buy low and sell high and not just speculating what could happen.

HODL is safer than anything else. But we all want to stay in a bit of an action and some drama because we are humans.

So for the ones who want to play it safe, a buy low sell high approach works. Just take care of the fact that market movements sometimes dont stop and then you need to wait it out or buy even lower. The ones who panic here and have a general lack of faith in cryptocurrencies will be the ones who falter.

Even then there will be more methods for a exchange company to squeeze money out of your pocket by introducing newer methods of playing with risk. It is your choice whether you want to use them or not and whether it suits you. Spot is good if you ask me. Taking the rest of them only adds in risk to your portfolio.

Not a bad approach though, but I am sure you will be getting a number of projects that are only there to fill your wallet and not provide anything useful worth speculation. There are those coins that will be going up but their number is overshadowed by the number of coins that are going down. It is a difficult to segregate situation for a newbie entering the market, but you have obviously gained some experience on this.

In the long run most of them will be abandoned but being quick and selling right after getting listed is a though thing to follow and often people are not in a position to open new accounts on a new site and place orders.

While I never wish a war to happen, seeing one happen does make me feel bad for the people suffering there. Even then, a trader needs to know their advantages in time of an economic turmoil.

Currently I see bitcoin as in a buying position with every down trend. Similar with metals like gold and stocks on the fiat market. I am getting stocks at much discounted rates and therefore I am buying them so I can sell in future.

My point remains that, this is a bear market, whatever be the reason for it. Therefore we must capitalize on that and not feel sorry for not investing during such times.

Drop in price does not mean that the original pros and cons of bitcoin have changed. Those who buy bitcoin, accept the risk of the asset being volatile (though <10-15% per year). To me it is another asset worth putting money in, so I will do that.

This is the best way to learn trading, though a safer method is paper trading using virtual capital, like a board game. It should be done by newbie traders before using real funds.

It is mostly about the money, these youtubers are using it for a living and therefore whatever they do now, one day they will start affiliate links and paid promotions, it is just a matter of when. Everyone of them is sold and they dont care about what their followers are making - reality of influencer marketing.

Agree with @crwth that the amount of info on the net is too vast to verify each and read. That is why one does not need to depend on youtubers for this, they can learn on their own.

You can go with the buy low and sell high but you will need patience. I would suggest dividing the funds into some for long term holding and some for regular trading. It does not mean you have day trade on the latter, use it for buying at low set points and selling at high set points, thus cycling the money and making a profit. Watching the current market movements, I can say that people will sell at 40k and buy at 30k, so you can follow that and place orders accordingly. The more frequently the cycles go, the more multiplications your profit gets.

This added with the long term holding should allow you to make good returns over time. But it takes patience and a cool mind.

The method is simple bro, it is called patience and most traders who get washed out during the process lack this property.

If you are patient you will gradually be able to see the price you want to buy at during a bear market. It is wrong to sell during a bear market which most people end up doing, not knowing that it is a part of a cycle.

You also need to be mentally prepared at any time to be able to face a bear or bull market. This starts by risk management and allocation of funds in trading logically, not going all in.

Since 2017 most ICOs did not deliver what they promised and the unrest that this creates among investors forced them gradually shuru down the project. There is lack of regulation here in the altcoins sector and you will be wasting time searching because the number of legit projects are way less than the number of scam projects and failed projects combined.

The better and more logical process is to observe charts and buy Bitcoin. Because bitcoin will be big in future any day and you will never face such bankruptcy problems or so with bitcoin.

Even the newly started DeFi and NFT are working simialoand they will end similarly too.

Yo, most scammers are professional, they have will not talk about money directly, rather hint towards it more, indirectly. They have also grown as anti-scam methods have increased and people started becoming aware. The old promise of big returns is now only working on smaller groups of hyped newbies.

The bigger scams that are difficult to detect are the ones where the team stops development and leaves and then some investor usurps the company and goes to hostile takeover. These cannot be stopped by community efforts.

Technical details not be discussed is fine to some extent since most of us here are not tech people, but investors. Even then someone must verify and check those too.

Confirmation bias is a common thing among traders. It is a human nature to seek confirmation because we have guilt inside which makes us want to seek it. Point is that in common day to day life, this may be necessary but in trading this is wrong.

But since it is human nature, youtube and other social media influencers know this and use it to gradually develop a followership. This "minion" type of following is pretty inorganic and mob-like. Not something I like personally, but if someone is making off this, then props to them for being able to do it.

Yeah we know that because we have been trading on our own. These channels get users to follow them and get paid from their followers. But it is a short-term story only, like a gamble and not professionally done trading analysis. These things cannot be done by others and you are only placing the orders, it should be done by the person or a team working together.

The only two things we can do are

1. Spread awareness about such scams, how they operate and how they manage to fool users into sending their seed-phrase which gives full control over their money to the scammers. This thread is a good example of such awareness thread. (Preventive approach)

2. Report the same to Facebook through their website or app. Point is that this is probably not going to have an effect unless a large number of users report it from different parts of the world. This can be done by the members of the forum and possible victims of the scam while remaining completely anonymous. (Curative approach)

We all know that prevention is better than cure, so better gain knowledge about such scams and learn how to avoid them.

To be crypto is just another word in the dictionary, which mean something. I wait for them to elaborate if they are pointing towards cryptocurrency at which point I tell me more about it but I cannot express it is one line, because cryptocurrencies at this point are a risky bet for someone who is new to this sector, they need more than one buzz-word or pipe dream.

I would rather explain to them the uses and misuse of cryptocurrencies' properties and how it is possible to make money from the market instead of pushing them to the continuous pump and dump of bitcoin with the line you said below

^ yeah it is not true if you ask me. You never really become financially free, it is a state of mind, and everyone can be free if they make it a choice. Use bitcoin if you wish to, but it should be not be your motto to escape taxes and become an anarchist, we all know how that ends.

True, both system have their own pros and cons and one does not topple the other. Moreover, being comfortable and not paranoid about your money is important too, fiat has already made it's place in the people with that and it is not possible to move people from that group to crypto by own awareness spreading.

While bitcoin was made as an alternative to fiat, it is already serving its purpose. Beyond that, speculative markets have developed to allow risk takers to trade on its price changes and that is a different topic. We also have Forex, but does that change the objective of fiat? No.

The world is a rock, the people of this world have already seen how crypto can be used but it is their choice and that is for them to decide which one to use. You cannot force someone to use something because you like it.

Dont take the people running the government to be fools, the politicians are fools, but the ones who work in background are way more knowledgeable than the average forum user here.

Now the governments already know this, so they will try to coerce people into using their CDBC than cryptocurrency. How they will do that, it will be seen with time.

Stablecoins are not a solution to this, they are an intermediary system to avoid the volatility of bitcoin and similar currencies and multiply your assets over the market movements. Beyond that I doubt how much actual usage they get. But if governments allows that then their use will increase.

Dont forget that the users on this forum are a small chunk of the entire population out there. We are a minority there.

Centralized market will be regulated but the point is that the decentralized markets remain and those are the ones that need to be regulated. See every American cannot manage their own assets, unlike the rest of the world can. So they need some legal backing and clarity on these assets as per their narrative. Hence the need for regulation. I consider this as a good step overall for the long run for crypto. While this will mean a tougher situation for developers, it will also weed a large chunk of non-sense scams that keep on going around in this sector.

You cannot stay away from government's crackdown if you are living in their land. But it will be for our good only.