Before you think of picking a mentor, you should first have standards of what you expect of the mentor. Not everyone who claims to make millions off trading can make a good mentor. And not every asking to teach you for a little fee can make a good mentor too. You must be able to vet the mentor on different aspects - for example, trading experience, coaching experience, what their past students or mentees have to say, study what they put out online, that way with the little you already know about trading, you can then use to tell if the person is going to be a great fit for you or not. Do it with more than 3 prospective mentors and make your final selection from the best.

If you are using DCA when investing in Bitcoin then you should not be influenced by any speculation in the market, you must be able to focus on your goal, that is buying Bitcoin regularly every month with the money you set, whatever the updated Bitcoin price. While speculation is usually used by traders as part of their fundamental analysis, with the increasing number of speculative news appearing, traders will definitely be very careful in making their final decisions to enter or exit the market.

For capital, in terms of borrowing, if there are no other opportunities, I think just do it, but with the caveat that we have reviewed the potential level of return and progress after the business is started. Indeed, nowadays it is difficult to find people who can be trusted, especially in managing an honest business.

The initial control for the first year must be carried out by us as the owner and if everything is established then we can make the transition when we have found a candidate.

Also success comes when we take risks, and we also know without the risks reaching the success would also be difficult and we can be aware of that at any instant we have to take some risky steps ahead.
But this also required some investment for which investment plans would be needed and we also know that if we start some business in real life it also needs an investment. But if we are going to take some loans in real life from our near and dear friend and we take loan from our family members in real life then it would be easy to give them, but if we take it in the way of online working like trading in bitcoin, so it can give a person a massive loss which is unpredictable and which we can't even tell other to help us when we got loss in trading.

I do see bitcoin as a safe haven asset, because it is what we always want to have as a secure base for everything, some people see gold as safer and they have their reasons because they are very good, but for this new generation the best is bitcoin, do they say that times are changing? Well, if they change for the better and the new generation will always consider safe technology as the best thing for their money, and I think that the safest thing for money so far is bitcoin and it is very difficult for them to destroy this because it is what they are all looking for, security and freedom without the banks giving their way of doing things.

Remember that once bitcoin is lost, it may be considered lost forever. Even those well known big investors have been a losing a lot of bitcoin and until now they can still hardly retrieve it or redeem their lost bitcoins. So never expect that these random individuals who claimed that they are good and experience bitcoin analysts could easily fix the issue. It could be the other way around, you trust them and you lost even more.

I would say research is the key. Its not that you would do your diligence to research on how to redeem your lost bitcoin, but definitely on how to secure the safety and security of your bitcoin while you store it in your wallet. Go for an offline wallet, that way the risk of losing your bitcoin from online scammers could be lessen if not stopped.

That's too much for the OP to ask for , but the question is when you need the money and you have a large part of it in Bitcoin, how do you do it there? The problem has to be resolved , it could be that there has been a problem, where you have to Borrow fiat money because it is fiat money, but spending bitcoin at this point is something painful, because you don't Know when it will go up in price to a great lesson, Because that's what I expect from the bitocin to go up a lot and yes you know, but before going up do I sell it? what did i do? nothing, what I did was lose in the full sense of the word , because that is What you should avoid Losing.

Your thoughts applies to everything that has to do with money management, finance, and investments, not only bitcoin. And let's face, the majority of people don't care about these stuff, for them are just boring, you can try to explain them but they won't listen, they prefer to spend time on Instagram or watching something on Netflix. At this point I'm surprised when someone is actually interested when I'm talking about bitcoin for whatever reason.

All the negative things and everything are a different matter, but there is no denying the fact that billionaires help an economy prosper because of the businesses they run, and the taxes those businesses pay to the government. I know that a lot of people say that billionaires don't pay their taxes, or even if they do, they don't pay enough, but they ignore the fact that the businesses that they own pay their taxes in full and there is no exception for any business in that matter.

One more thing is that the businesses of these billionaires are the reason why so many people within the economy are employed, if there weren't any private companies in any country, a large portion of the overall population would have been unemployed because governments can't provide employment to that many people.

When it comes to buying any product, I always check the quality of products first weather it is worth or not because buying cheap quality's product at high price. this is not intelligent. We have to purchase those things which we really want. If the product has quality then I don't have problem to spend handsome amount on particular product. People have different habits to spend, I have seen many people who earn very les but when it comes to spend they never think about their income but all people are not the same and those who become wealthy, some continue to maintain the same habits of watching every penny.

I think you are comparing two performances carried out by investors where they exercise options for the short term and for the long term and make repurchases when they make the decision to sell some of their holdings. This is of course a part of investment that may be implemented by large investors where they play scenarios at two levels for the short term and the long term. But for beginners like us, of course, with relatively small capital, it is better for us to choose the long-term option and accumulate Bitcoin gradually.

I think we need to maintain a balance in our investments, I mean if we have the intention to buy regularly then make a special note for each purchasing period so that we don't miss it. Because balance in making purchases will make the planning we do run successfully until the target we want is achieved.

I know that what gives you the courage and confidence not to worry about your crypto investment is that you invested in bitcoin, not an altcoin. If you have invested in altcoin, you will know that altcoin investments are not good to be held for so long in bad market conditions without making haste to sell them off asap because of loss of profits.

Relying on predictions isn't a good way of trading or investing either as these are mere speculations without any form of certainty, these predictions may turn out right and true sometimes while the other time it mey be wrong so, these speculations should just give us insights into the vast possibilities in the market at certain period of time, which should help us take informed financial decisions.


But all these speculations and predictions are not financial advise, so don't think by these predictions you know what the future holds with bit coin and so you can possibly project the future and see that as enough information to invest on, the future outcome may turn out in your favour and at the same time may turn out against you such that you may regret your actions, I do advice some persons to avoid been disappointed, if they must invest based on these speculations, then they should invest that which the can comfortably let go if the market turns out against them.

Investing is quite risky as we know but what I did is to forget about it and focus on my goal. I do this because I believe that the more we think about risk, the tendency that we lose confidence in our way of managing it, plus it affects our emotions. A reason why we should control our mind from not thinking about or else, that we can be one of those investors who lose their money and surrender.

We need to be smart enough, we can invest more and possibly earn more or lose more. But it doesn't matter because as long as we are able to control our emotions, the situation will give favor to us.

It's good you found your way here; I believe that's how it has been a good source that most people have also learned from in the past, and new people are always coming to the forum to learn. Although I was skeptical about Bitcoin when I first heard about it, later I got more interested and invested in it. I already had some good knowledge about Bitcoin before I joined the forum, but I still appreciate the fact that I have learned more things about it than I know. Learning never ends; we learn every day and on different topics, and the good of the forum is that there are different boards and other discussions here on the forum that are also very important in our lives. Keep learning, and you will be better. Enjoy your stay.

The wrong idea that beginner traders always have is that trading is an easy activity and has no risk at all ^{(it's just an activity of buying cheap - selling high)}.  The reality is that trading is not an easy activity, trading also involves psychology, analysis and skill, there is not a single trader in this world who has a 100% win, they definitely lose ^{(i also lose quite often)} but that is what makes them survive. is that their winning percentage covers the percentage of losses they experience.
you are undergoing a process of becoming a good trader, make all kinds of experiences you get a valuable lesson, continue to hope for your skills and abilities, don't let failure at the beginning make you withdraw from trading activities forever, however if you give up it will be in vain everything you have done, including the initial capital you used when starting trading.

Being addicted to gambling is really as if someone is mad in real life, but in this case, it's only on the way he gambles and he's likely most to be affected by the way he live his life as well, addiction will take our time and also stops us from having interest on other things, we are most likely to be broke, being an addicted gambler because all the money we have will always be chanelled towards gambling, we may loose focus on other things in such a way.

That's true every story of success has a very hard work or struggle story. Nowadays, such feeling is very less among our young generation. For because of some self-seker businessmen of today's, young generation are wasting their precious time by getting addicted to different social media. Moreover, there is a growing tendency among them to be lazy, without which it will not be possible to get success.

For some reasons, they lose the urge to continue with their studies and that's because of the responsibility of being a married woman at a younger age.
But I've seen with the same situations that have never gave up and still pursued their dreams and achieved their goals. It's not just all about studies but also by being a working person or establishing their business which we usually see that there's women empowerment in that area.

Despite the risk who have considered investing in Bitcoin is profitable they are the real bitcoin investors. Especially in this moment there is no fear of losing because Bitcoin is going to create milestones in the current situation. There are thousands of cryptos in the cryptocurrency space and occasionally we see bullish movement  for some specific coins but most of them don't over come previous  ATH. Investors should consider these factors before investing. His hard earned money should not be wasted in the name of investment.
Bitcoin is the only investment platform where an investor can be profitable for long term investment. Moreover, the current time is the most suitable for investment where the possibility of profiting from investment is very high. So in some cases it becomes necessary to do something contrary to the advice. As you said. So invest as much as you can and hold bitcoins.

With a trader, protecting initial capital is most important then a little bit less important is profit. If you don't get profit from a trade, it's fine, the market will give you many opportunities to gain profit. If you can not protect your initial capital, you are done, your trading career is over when you lose all capital.

Hence it is good if any strategy works for a trader to protect capital or best gain trading profit.

Learning about technical indicators, trading strategies are good but a trader must learn about psychology of the market too. Control emotion and psychology are more important than mastering technical indicators, trading strategies. You can not use them well if you can not control yourself.