Identifying the trend is not that easy though, and there are indicators and tools that help you try to predict it. Not that it is impossible to do it but at the very least you could give it a shot and could be doing fine at least. I do not know how hard it will be but at the end we won't be getting anything that is difficult beyond measure anyway.

Just predict the trend, predict where the price is going, use whatever you want for it, your gut feeling, indicators, TA, whatever and you will be doing fine. But, it will end up being a very tough task to do so considering how much we are having trouble with, if it was easy then we could have made a ton of money with leverage trading.

We actually have some coins and tokens like that. There is no limit in them and they are still not free, they are cheaper and lower in price of course but not free. Which means that if you arrange it in a way that is sustainable then it could be very well unlimited as well.

If I am not wrong, ETH is unlimited right? That means the second biggest coin of all time is actually free and there is no problems with it, it's still going on strong without a problem. This is why I believe that we should be considering limited supply of bitcoin is not the main reason why it's loved so much, there must be other reasons why people care about it so much.

I really doubt that the market really cares about any of this though, wouldn't you agree? I mean utilities doesn't matter when we are talking about the market, I believe that most of the time the reason why a project stands long after the bear market is gone and the bull market comes is the fact that it is a good project, no matter what the utilities are.

Meaning NFT doesn't mean anything, since during a bear market we could have NFT's go down and stay there forever and we could have NFT's who go down but recover later on, or same for meta or p2e as well. So, this means if you are a good project then you will survive and there won't be any issues whatsoever.

That's a quite good deal actually, you should be able to be proud of yourself because it really does deserve it. I mean think about it, we are talking about collecting at the bottom or close to bottom and then making money based on the future of it, if you can hold of course.

One thing to "worry" if you will, would be to picking bad coins when doing this, I am not saying the ones you picked are wrong, I wouldn't know, if I did know which ones would go up and which ones would go down, I would be a millionaire by now and wouldn't be here, but I can tell you that there is a risk of picking wrong coins and only time will tell which one that is.

There is no news because Elon Musk buying twitter has nothing to do with doge, the only reason why we are seeing some connection in bitcointalk and any other doge lover places is the fact that doge investors WANTS for it to happen but the reality is that it won't happen. Sure, if you have a lot of dogecoin then your hopes is that you will see it go up a lot and you will end up with a great profit so you are starting to make excuses about it.

Like for example you end up thinking "if Elon tweeted about doge and loves it, and he is buying twitter, that means he will do it a lot more often right!" and find that quite reasonable approach when there is no data backing that up and it is just a simple idea.

This is quite important for the crypto world, it is basically what you do in order to get better. I personally believe that if you know what you are doing then you should be making a profit, but if you do not follow news then even if you are a veteran of trading then you will not take advantage of the countless profits you could have made.

I use cryptopanic which is a crypto news channel where you see all of them and it gives you all the brand new things going on in the crypto world and that means you will be able to react as quickly as anyone else. Definitely a good way to trade if you follow news because crypto gets emotional at all times.

I am not entirely sure if it's a false hope, I mean bitcoin is "technically" could do that and it doesn't look that bad at all. I am not saying that it WILL do that, but it doesn't look like impossible neither.

I feel like there is a good chance we could end up with some huge increases soon, looking at how we dropped and failed to break under 38k, the increase must be close. That’s how market moves, it goes down as much as it could without a huge deal, it may crash even harder if something horrible happened but nothing happened, so it tested the bottom and found it. Now it’s time to accumulate and increase and make a profit based on that, which will test the top we could reach, who knows what it is.

Fiat currency is not getting put aside, it is not really a thing where you need to become full-time crypto and never use dollars ever again in your life type of situation. Obviously you are going to require a bit of situation where everything will get better or worse, but at the end of the day we are talking about a situation where bitcoin needs to help you to get it better on your worse days.

If you use fiat regularly like you have been, and like human has for over a century now, that means you are going to just add in bitcoin to some portion of it and that is where it will help you, just a side deal where you invest and earn, think of it like gold or stock market basically.

Honestly, I am not shocked that USA is not in the list. Main reason for that is the fact that USA is vast and if it was one of the most googled things ever then we would have bitcoin a lot higher. This also proves that there is a huge gap in the system that we could still fill. Imagine USA and UK being in this list, that would mean that 2 of the richest nations of the world getting heavily into crypto.

Today, we have them out of this list and still have coinbase and kraken like places that make so much money, tomorrow when it's on this list, or we have majority of those nations involved? We are going to have trillions for sure and that will help us all, even if we do not live there.

Greed during the period when we buy and made a profit and we failed to sell because we are greedy could be prevented. We could simply put a stop loss above what we bought it and that will allow us to get a profit even if we do not sell it manually. However, greed that keeps us trading even after we lose, and keep us making the same mistakes because we want to make a profit after the loss is the same greed we have when we are trading.

It is basically a replicate of the gambler who loses money and chases that loss in order to profit and they end up making bigger mistakes. I am not saying that everyone will make the same mistake, but it is a similar one for sure.

Adopting bitcoin could help you in some ways. For example, if your nation makes let's say 100 million dollars debt every single year on average, and grows 10% every year on debt, then you would be able to pay that back if you get bitcoin with it and it goes up. That way one day bitcoin may do like 10x and you could sell it and pay all of your debt and it would be helping you.

This isn't a guaranteed thing and maybe your debt could grow faster than your bitcoin reserves could and it would never be paid in full, but as long as bitcoin goes up, that should be a beneficial thing. Instead you could invest back into your nation but in 99% of the nations corruption prevents that.

The biggest part about growing in trading is the losses, they are probably the biggest earners that you do not realize. The difference between a profit and a loss is that if you profit then you take the profit and look at the next move, but when you lose then you learn something and then you become a better trader and you start to learn something.

This is why I believe that we should be focusing a bit more on losses than profits since profits only give you money once but never improves you and doesn't share your future whereas the losses gives you an idea on what you did wrong and how you could do better which is a wonderful thing in the long term.

Unfortunately people have seen too many lucky people online, and many fake news about "this guy found his old usb with 650k in it!" type of stuff so everyone is hyped about it at times. Thankfully this is not the period for that, the low prices means that we could buy and make a profit based on that. However, when the time comes we will see those people all over again. I believe that we should not be hopeless though, like yeah we may not get rich quick, but we could get rich slow which is still quite a big achievement.

Imagine working with a salary for 50 years, do you really think that the same amount with just one year salary put into bitcoin and waited 50 years could be earned? That means you could literally double down in the long term.

The fact that people who shill just because they are holding some bags is the worst type of advice that could be given. I am not saying that you can't shill your bags, but at the very least you shouldn't be considered a good judge of coins if you do. This is why I believe that we should focus on people who are about to invest a lot more instead of people who already invested.

Because, people who are about to invest into something knows (or should know) everything about a project and they could give up and not invest if you give them a good reason, meaning if they convince you then it's great project, if you convince them then it's bad.

I would guess that every single nation is in bad economical situation right now. Nations with huge economies grew smaller as well, not as bad as smaller ones but still it didn't do well. In a world where the UK or the USA and what not is doing badly, it is highly expected for nations like El Salvador should not be really a shock to us that they would be doing even worse.

Bitcoin adoption could get higher there overtime when people see each other gain a lot but we haven't seen that since the legal tender deal. If it was done in 2019 and then the price increased during 2020 and 2021, we would have seen a lot more adoption. Which we will see in the future when that cycle comes again.

Whales could manipulate the market but to a degree, they can't manipulate everything and not that easily for most as well. You have to remember the crypto market reached to a level where it is a whole market and just one person can't really change it. Sure if you find a small cap coin and put 10 million on it to pump/dump then you could do that, but for most coins at the top level that is no longer a possibility.

This means that it would require billions and billions to change the price. Last time one person did it, it was 1.5 billion from Elon Musk that changed the price and the news of it impacted more than the money itself. So, I doubt whales would be able to do anything for the top 20.

Of course not, not even close, not even remotely somewhere along the lines, not even in the same sentence. This could be the first ever sentence that put them even remotely close to each other. Do not get hopes just because there is a community of hyped memecoin investors or some weird dude at the top who likes to tweet to tens of millions of people.

Doge will not become anything, it can't become anything, just one dude owns like a huge chunk of it and can destroy it (albet this is true for bitcoin with satoshis bitcoins but he is nowhere to be found). So all in all doge could not become anything, the fact that it is top 10 is already more than it could ever achieve, it just used the bear period to its advantage.

Everything is cheap right now, the market is down and picking up a new coin with a good sized investment would be a smart idea. Is that one polygon? I do not know, I mean if ETH gas fee situation comes back and it would be still high eventually then polygon will get a lot more attention for sure. However, if ETH fixes the gas fee situation I am not entirely sure if polygon would be as highly regarded as it used to be.

I know that polygon is not just about being the cheap version of ETH, I know it has a lot more to offer but any investor who thinks that the eth gas fee reasoning is not the biggest reason, would be fooling themselves because that is the majority of the reason why it was high.

Privacy coins are getting lesser attention because new generation barely recognizes the privacy and doesn't care about it as much as we do. The age we live in right now is literally giving away your data yourself. All those posts, messages, photos, videos and everything, people thrive on being out in the open and not being hidden.

Obviously, there are still some who like it, like me, but that doesn't mean that it is the general population anymore, even the elderly share everything online and that usually ends up being their daily life. This is why there is really nothing that we should be hyped about a privacy coin when there is no more privacy in our lives.

Unfortunately, too many people to that, it should be focusing a bit more on our own explanation for emotional responses to trading and less about trading itself. Trading is not an easy task, but we certainly make it super harder when we let our emotions take over and lead us while trading. This is why there are so many trading bots, you think they are there because they would trade better than a person?

A regular person configures it like any other trader should trade. The difference is that a trading bot wouldn't feel emotions, can't feel it, and it would just simply do what it should given by the commands and nothing more. A human could make mistakes based on emotions.