Costly ways of learning the market is a brand new thing, it wasn't like that just a few years ago. Back in the day bitcoin went up so fast that, you would be sad that you sold too early. I once had 50 bitcoins as a whole and you know how much I sold it for? 500 dollars, about 10 dollars each, at the time that was a good deal because I got it for free for doing something and it really worth a ton for me, 500 dollars for a work was almost 10 times more than I expected.

You know what it worths now? Over half a million dollars, that would have been enough for me to retire early. Obviously this was a thing in the past, "selling too soon" is not really a common problem anymore, but this FOMO stuff should be slowed down a bit, people didn't lost money, they lost profits, now they are actually losing money.

When you spend that virtual money like it means absolutely nothing and you try to make profit that way, you are not in the mindset of a true trader and that is why you will lose. Not on the virtual one but in the real one because you never really learned.

People should not do virtual trading, it does more harm than help, people can't learn trading properly without actually putting up real money that they could lose, if they put up real money that means you could actually end up with fear of losing that money and that will make you a much better trader. Do not forget , 80% of investment is "not losing value" and not "making money" so with virtual trading you are not feeling the most important part of the crypto trading world, the part where people try to not lose.

I would highly suggest everyone to use regular pricing instead of market price, it would be very weird if you just picked market price and did a mistake. There has been couple of ETH situations like that in the past, a guy who used market price and SOLD his ETH and he peaked it lowest like under few dollars and that meant he lost thousands of dollars with one wrong click.

You should not do that, it is really not a smart idea to use market price in those cases. If you are dealing with only few hundred dollars maybe you will be fine but even in that scenario you should be careful. World is filled with people who are ready to take advantage of your mistakes and using market price increases the chances of you making a mistake as well, not really a reason to prefer it.

I guess so far in the history of the world we have seen the rich people do whatever they can to stay rich and not help the poor, they have always been like that, it was true 2000+ years ago when people had slaves, it is true today when people have "modern" slaves where they pay a wage that is barely enough to survive and usually in debt some way to keep working and never do what they really want.

So, if the robotics manage to take over business a lot and rich people could use robots instead of people that means they will pay once and not pay salary, so others will have to starve to death. Rich people will not suddenly go "well we use robots, so maybe we should all pay high taxes in order to pay UBI to unemployed people" that is never going to happen.

Unfortunately when nations who do not know about tech that well have to find a way to prevent usage they go with this route. The main reason for this is the fact that the higher up powerful politicians and all of their advisors and consultants all are very old, they are at least 50+ and usually they could be as high as 70+ years old as well.

This means they were born before there was a computer, now we can face time each other, or have a watch that can give me all the results if I want, it is impossible for them to catch up with everyone, which causes them to not understand and can't prevent.

When 16 year olds go against 70 year olds in a battle for tech, there is no question who will win, younger generation will always be the one that will beat the older generation, even without internet.

I would say having some sort of vetting should be done for every single new project which should be the next trend if you ask me. If you want to start a new project, you should be going through some sort of vetting, some auditing, something that makes you liable if you steal anyone's money.

Right now biggest problem in the project creation world (ico, sto, ieo, defi whatever) is the fact that you don't know if the team is a scam or not, if you could limit that and make sure that there is a process teams could take to make sure they are more legit, that could be the next big thing. Obviously not all teams will have to do it, there will still be shady ones, but people will not invest to them and invest into this new trend where projects are vetted, that means money won't go to scams as much.

Bitcoin is "fastest" in the sense that I am not sure if that much money goes through any other blockchain. If you want to talk about a lot of money going one way or another fastest, bitcoin is still by far the fastest.

You could have a coin that sends few hundred dollars in few seconds, but the reality is bitcoin could send few million dollars under 30 minutes and no other place can do that, not only they can't do that but they don't have that much attention neither, money doesn't change places there at all. So, that means bitcoin is still fastest with less failed transactions and the most secure one all at the same time. However if you want to deal with very low numbers, you could pick eth or even litecoin because they are cheaper and faster for low amounts.

So far it looks like it a bit, but we can't really say golden "year" if we are being honest. If you take the average of the price in 2017 you will see that it was lower than 2020 and probably ever year after 2017 as well, even 2018 was higher in average. Reason for this was the fact that it was under 1k for at least 6 months, after that BCH came out and before it was published price became like 3k, and by the end of the year it was 20k, so I understand that it peaked at 20k but most of the year it was between 1k and 3k, only in late November and all of December that it was high.

So, we could say that "December 2017 was the golden month of bitcoin" and it will be correct, you can also call 2017 as a whole a golden year if you want to, but if you take the average price of that year, 2017 was not the highest.

Creating a coin to enrich yourself will stop when we stop giving them money. Right now, there is just too many projects that get money just because they are brand new and people do not want to miss out on the next bitcoin. If you invest into something brand new and spend 3 cents per token and it suddenly becomes 3 dollars, you are 100x richer, if it goes even higher you are going to be incredibly rich beyond understanding.

Obviously 99.9999% of the time it doesn't happen, most of the time it fails and becomes something shitty but people just invest into all of them to hope maybe one day it will become something. This means developers just create something for fun, get all the money, actually do give the tokens to people and leave with the money because why shouldn't they?

I highly doubt that people would be overwhelmingly support something that sucks and very bad if they didn't believed on it for some reason. Not that people are waiting around everywhere hoping to spend their money on something that will go down, nobody dreams "I hope this investment goes to waste", they want the best for their investments and they do not hype anything about for no reason.

But sometimes they are wrong, humans are constantly wrong, look at the world and how we are doing right now, all those bad things are done because some people did something wrong back in the day, which means tokens do pump even if they are scam because they simply exist and some people made a wrong investment and hyped it in some communities making them famous for no reason but being wrong.

I do not believe that these advises are as nice indented as people think they are. I mean when you share common stuff that looks logical but considering crypto is wild and volatile, I try to see how it could be helpful. Obviously it could be from someone who thinks logically and that is why they share, but at the same time I feel like there is a chance that people may not be actually seeing what they should see with the idea.

If you work logically in an illogical situation, you are not going to end up with the results you want, you are going to end up with losses because you are acting logical and nobody can say what you are doing is wrong because they look common sense but when volatile market does something unexpected and what it shouldn't you end up losing money.

A new all time high doesn't sound like possible if I am being honest, sure the moving average looks like a bullish run is around the corner and we could have something amazing but that is only looking like that because we are actually in a good position to sky high the price very quickly and very easily, we just need few hundred million dollars (sounds a lot but in a huge market it is not) and we could be over $12k in a day.

Basically this doesn't mean it will go up, maybe even MA doesn't mean it will go up, things could always "look" better but result with worse because not everything that should happen ends up happening all the time which causes the price to do something unexpected. However I do not think that will be this time around, I feel like over $12k is the aim here.

It could happen just the reverse as well. If the coin doesn't have a big demand and goes down, community size being super big could mean that they could turn on it and sell a lot more as well, when you have a ton of people instead of few they could react together and sell a lot, when the community size is small you could convince few people to not sell and they could stay, but when there is a huge community you can't convince them all to stay, especially when couple rogue ones start to sell the others will say "nobody listens to owners, I will sell too before I lose mine as well" and create a big ripple effect.

Demand and community size different and you should have them both high, one of them high and other low will cause you a lot of trouble.

I take it from localbitcoins in my region which has buy and sell, obviously that is not volume and it is liquidation or even the claim of liquidation, it could be totally different I don't know. But, there are so many listings there that people says how much they are willing to sell and how much they are willing to buy and the number is huge there as well.

If you check all the other OTC channels you will see that listings are high as well, volume is big. One big reason for this is that there are discounts, for example if you are willing to sell 10 million dollar worth of bitcoin you could sell it for more for someone who may want to buy without disturbing market price, same goes for buying, you may find people selling for cheaper because they do not want to drop the price as well.

If you are inexperienced, staking is not the way to go directly because it is still "trading" in a sense that you are getting some crypto. If you are newbie and you want to get better and make more money, you should first study, that should be the first thing you do.

If you study how traders trade and why they buy and why they sell and find good traders that make profit (now there is copy trading allowing you to check other traders movements) you will eventually figure out how to make the most profit, that will allow you to become a good trader. You are not going to be exactly the same as traders you copy but you will be different but still took that logic from them as well. Pick the best from each trader you follow and you will be fine plus read and watch trading related stuff as well to learn more about it.

Right now as a newbie I would say that buying and holding for a while is a better option for you, however do not just assume that is the only thing you can do. All the new people do bring in something to crypto world, what can you do? What do you do in your free time? What is your work and what are you trained in? Think of all these things and try to combine them with how you can make more bitcoin as well.

I would personally say that if you could potentially make a point about how to trade carefully, I would say 1000 dollar is not a lot of money and you could maybe try to trade with half of that while the other half stays in bitcoin. That way bitcoin could be 20k one day and you will have 1k anyway, and meanwhile other 500 will be worked towards making better results with no downside.

Online companies not getting into crypto really makes no sense to me at all. Think about USDT and other stable currencies for example, they are very cool because right now you could use something automatic that changes crypto into USDT right?

It means if you are a huge company that is online, like lets say you are google and you make money from advertisement money mainly and that means if you accept crypto, any crypto that has USDT pair somewhere, you could accept that crypto as payment and turn that into USDT as well meaning you both open up for more payment option all around the world with countless cryptos but you are also not risking your money with fear that crypto price may go down, because all your money is with USDT and you can turn that into USD any moment you want.

There are tons of nations that has done this so far, in my nation the inflation rate was high which caused the saving interest to be high as well while making everything more expensive. When you have huge interest rate people try to not use that money but instead put that money into interest and collect it which removes money from the market and makes it hard for economy to grow as well.

When you drop the interest rates to very low, that makes people use that money instead to make more money because they can't get interest that is one example, also on top of that when they spend that money to make more money on something, they usually put money into the market and when they do that it results with economy recovering as well. So, just dropping interest rates alone does improve a ton.

I believe that market will be fine for a while, I do not care if Trump wins or Biden wins, eventually market will readjust and I know that pandemic happened and it killed many economies in the world but right now I do not think that will continue forever, it will probably recover adn that means "next crash" for market will not be soon, it will take years probably over a decade to happen.

This is why I believe right now is perfect time to invest into both bitcoin (or crypto in general) and also investing into stock market as well, for the next 10 years you are going to make a profit from both of them. I believe by the time 2030 comes bitcoin will be over 50k easily (probably closer to 100k) and also we are going to see stock markets be 5x of what they are right now as well.

Banks are the last things to go, they are going to stay until the financial markets collapse so much that nobody can save them, at that point everyone will lose their money and banknotes will be as valuable as toilet papers so there is nothing to worry about banks.

Sure they may not make as much profit as they used to but the reason for that is the high amount of debt they have now, Warren Buffet hates debt because it means company has to work towards paying the debt first before they can pay the investors and this is the reason he gets away, but I am fine with it, banks could have debt, as long as they pay that it means company grows bigger and my share gets more valuable as well. I wouldn't invest into any fiat thing so I don't have any, but if I did, banks would be my first choice, they are ruthless and cancer to this world but they do profit.