That is the part where people do not understand too well about the "correction" stage. Anytime the price goes down people think that it will be a big crash, and it doesn't have to be, it could drop this much and then recover but for some reason people assume that it is either a huge skyrocket to new ATH or a big crash to 50% fall.

There are days we have the middle as well, why do people think that it is impossible to have those middle versions? I believe what we are having right now is expected, we had a whole new ATH, reached nearly 70k dollars per bitcoin which is insane if you think about it, something that costed maybe 30-40 grand 2 years ago could mean you have 700k at one point, that's just insane. As expected that reeled back in a bit, now it is just shy of 600k, which is nothing too bad considering how little you spent so recently, just wait for it to get corrected by profit takers and it will go back up again.

Another thing that I think is very important is having the ability to know whether something is meant for you or not. Every time we keep telling that they should continue trying after they have lost so many times and that one day it would work. The truth is that it never works out for everyone, and if it is not working for you, then it might be a good decision for you to make by deciding to call it a quit.

There are so many things that one can do in this community, there are so many businesses and many ways to earn. So, it is not a must that you’re going to be trading, you should know the right thing and when you know that which is right for you, then you should stick to that and it would work out.

I hope that people will get over the fact that we need to beat each other in order to be good. I mean I get that bitcoin is the king, but why do people always feel like they need to compete with each other in the ranking world. I have seen so many people wanting their coin to go up, and in ranking as well.

Imagine a world where the 5th biggest coin is 50 billion dollars worth market cap, and 6th has 49, if the sixth goes to 40 and 5th goes to 39 billion then they switch places but this didn't help anyone at all right? I really hope that we all go up, that way we know that crypto is doing better and that is how we could profit from something like this. Otherwise we are just drawing ourselves back instead of helping each other go up.

Yeah it is just another extra hassle, I keep doing that every time I started to gamble, there is really nothing worrying about it and I will not change my casino because of it or anything but it is that tiny little extra work in some places that makes it hard. I prefer to do stuff that do not make me work for extra things but this is just way too tiny and I do not care about it at all.

However for some reason when a place has it, it just makes things a lot easier and I feel a lot more happier there, not having it is not bad but having it is certainly good. Otherwise I just check how much my bankroll worth at that moment, then divide it to 100 and then start betting with 1/100 bets and keep doing that for only few hours and leave, it is just fun for me and I do not care about the money earned or lost here, I just want to relax and reset my mind.

It is clear that NFT's and many "new" things in the crypto world are always overhyped, there is no scenario where I would imagine something new and innovative and great comes to crypto and would not get overhyped (or it is dead even before it starts). All I can imagine at this point is that some of them will get so low that they won't recover from the next crash, that's what happened with ICO period as well.

The real good ones stood still and defended themselves and used every move in their arsenal to not get destroyed, and the ones who didn't do much ended up getting destroyed and never seen again. Which means not every single NFT will be like this but the overhype for most of them are real. I mean I have seen some that went for 100k+ that worth nothing at all and will worth nothing at all. Since it is not a coin neither, there is nobody that will make it go up in value aside from the owner.

When you’re making use of a trusted platform, then this shouldn’t be something to worry about.
I have seen a lot of exchanges and other cryptocurrency platforms that offers this interest feature on bitcoin.

Yes, not having your keys means that you don’t have complete control over your coins, but these platforms can be trusted.

Platforms like Nexo.io, Luno, Crypto.com, Blockchain, etc. They are reliable. But even at that, you still have to understand that they can’t be perfect, so it’s up to you whether you would like to make use of them. And yes 6% is the highest profit that comes staking bitcoin on these platforms. There are other coins and tokens that can generate more than that. If you Crypto.com’s native token, you will make up to 20% interest.

Well, altcoins with a low market cap, like you said, are prone to manipulation. But, I don’t think that would be why your technical analysis is not working on them, because it’s not every time that the market is being manipulated. So, the analysis simply didn’t work, maybe it wasn’t accurate. You’re forgetting that an analysis doesn’t have a 100% chance at predicting what the market would turn out to be.

It’s mostly thing of chance, it goes two ways. But if you think that low market caps are not working out for you, then you should just go with coins that has huge market cap, so that you wouldn’t have to keep losing your money. Although investing in coins with bigger market cap doesn’t come with any less risk, there is still the same risk involved.

Both of the cryptocurrencies are good, but I think Solana has a higher security and a bigger hype. Even though the Solana’s ecosystem is bigger in this case, the Polygon’s community is believed to be more stronger than that of Solana. Both of them are good and they have the same aim of improving the scalability issues of the blockchain, though they have different approach to doing that.

In terms of the features that they both has to offer, Polygon has a faster transaction because it makes use of the Proof of Stake mechanism, so the transactions are confirmed in less than two seconds (<2) for every transactions. It aims to solve the issue of scalability, with a higher TPS of 65,000 which is really good if you should compare with daily methods of transactions that we use, such as VISA. Finally it has a lower transaction cost.

Solana also has a lot of features that makes it really good such as the PoH, Turbine, Gulf stream, and a lot more. So it is up to you on which you would choose. But like I said at first, Polygon has a stronger community, while Solana has the highest hype. Hypes don’t last for long, but having a strong community would take a project far.

If we aim at just ATH then we are not going to be upset in the end because we know that a future ATH will happen, it always happens. We know that crashes do happen time to time so it wouldn't be such a shock to see the price drop neither, that will be something we all expected but the reality is that bitcoin is not like other things in life, only upwards is guaranteed and crashes are not guaranteed.

The same timing works for both of them, we do not know when it will go up and we do not know when it will go down, only thing that we care about is the fact that it will go up, we do not know if it will drop or how much and when. This is why people focus on prices going up in crypto market.

It could be life saving for a while as well, for some people at least. My grandmother is sick, she has alzheimer's and my mom takes care of her own mother, it is a very psychologically difficult problem for a "kid" (my mom is 60) to take care of her mother. While having something so challenging both mentally and physically, there is also the added cost, it costs nearly 400 bucks a month just to take care of her and give her all her needs, even just the diapers for an adult costs nearly 100 dollars a month here.

It is really expensive and I do try to pay them as much as I can, pay like 100 bucks a month to them but that is literally quarter of it and not enough at all. But, they have a credit card, and they take out loans and yes they just postpone the debt and that is nothing that is helpful and eventually it will be horrible for them.

At the very worst case my dad will sell his car (and I wish he did, he is too old to drive anyway ) and pay all of their debt. However if they can sustain until my grandma passes away then they will not have that cost, and can pay the debt very easily. So, it could be LITERALLY life saving to have a credit card, without that I do not know how they could have kept my grandmother alive.

If you are trying to refer shorting then I am not positive about that because it is always good to go buying with bitcoin market because the overall trend is always bullish and going against the overall trend may trap you one day or other.

I agree with your opinion about trading skills because it is more important than following the trend at the same time in my opinion when you are trading in the direction of trend then you will get better chances rather than believing into your trading skills. As we read a lot about failure of technical analysis time to time then I believe it would be much better not relying only on our technical skills but we should bother about other aspects of safer trading as well.

New ATH will always be followed by some corrections, it is literally the only money that everyone can sell for a profit. I believe that a better one is on the rise right now. We may have fallen towards 60k once again and that is understandable because of a correction in price, but we have dropped to 30k and even a bit lower and still managed to go to nearly 69k price.

We should not be worried about just a 9k fall, not even that much, we should be simply happy about this situation, buy if we could afford to buy some more and be patient. A new ATH is coming, I can feel it and we are going to end up seeing a great profit in the near future. 70k+ is definitely right around the corner if you ask me.

It’s always being said that when you are a trader or investor, learning should be a part of you. When it comes to the cryptocurrency market, or the world of investment in general, you should never stop learning, because every time there are new things that are coming out and if you’re not going to keep researching and learning, then you’re going to be lacking behind and you wouldn’t know the latest trends in the industry that you are into.

So for you to be successful you have to keep learning, and that should be a part of you. That is the one thing that is going to help to elevate your trading an investment skills. Talking about the rules you made about how to take profit, I would say it’s good to take profit when the market goes up but not all , you can take a little profit and the rest can stay for investment in case of the price should keep moving up.

Why a lot of people are avoiding exchanges is because they are hot wallets, and hot wallets are online wallets which are mainly the target for hackers. You would hardly see anyone going after a cold storage, So, what they usually go for is exchanges and that’s why people are afraid of storing their coins on an exchange.

If the exchange is not working on their security, they might end up getting hacked and if a lot of money is stolen from that exchange,it may affect them and they wouldn’t be able to pay back the investors or users of their exchange. As for cold storage, just like the one you bought (Ledger Nano X), for your wallet to be hacked, it would have to be a mistake that is coming from you. That’s why you shouldn’t be giving out information about yourself online or anywhere at all. Sensitive information about you should be kept secret. With that said, for anyone to be able to have access to your cold storage they must have in one way or the other had access to your private keys.

You said something about if they are able to ban Bitcoin or regulate it in the Europe, then that means that bitcoin’s ecosystem is weak?In a way that seems accurate, and the community should look into it. This is Bitcoin mining that we’re talking about here, and the government trying to ban it. These days cryptocurrency is being mined by big companies, because it has gotten difficult to the extent that it cannot be mined by individuals just in their homes.

So, now we have to rely on big companies, and these companies in most countries they have to obtain a permit from the government to be able to run this kind of huge operation that will consume lots of energy. So, it’s always easy for the government to track down these companies and shut them down if they want to.This is like a fault in Bitcoin and it kind of weakens the system, because the government is able to shut down the mining companies. Maybe if it were still easy for individuals to continue mining it from the comfort of their homes, then it wouldn’t have been like this.

Early investment to Axie turned out to be something awesome for the investors, even though it became publicly loved in the last 3-4 months it is easy to forget it has been around for a lot longer than that. So it was a smart decision to buy axies and land and so forth to make that kind of profit and I agree that making those early investments could turn to be a lot.

I have a friend who bought something for literally under 100 bucks and it went over 10k dollars each, meanwhile he was staking it as well, took out all of his investment and then some, made 10x+ profit from it, even more, now that thing is finished, it is nearly zero, and he is still quite happy about holding a ton of it because he made so much profit from it already. All of these are great examples of early investors, but remember that there are 1000's of coins that end up being horrible and only a few that turn out to be like this.

Yes that is right, having CBDC is going to help in improving the speed of transactions around the world. But I think one thing that people are not liking about this CBDC is because they are paired with Fiat. Most people that I ask about the CBDC they just say to me that it is still the same fiat that is being given to us but now in a digital form.

So, they like the idea of CBDC (central bank digital currency), but they don’t like the fact that it is the same Fiat because they don’t like Fiat.  They see fiat as a currency that would still end up losing value in future, so it’s not really worth holding it that much.

As for me I will say that Fiat plays some major roles in our day-to-day lives, so it wouldn't be bad for the government to improve it to the standard that they about to do now, but then we already know the right thing to do, don’t hold only Fiat. You should also try to invest in other cryptocurrencies and other types of stocks that you can find, that are worth investing your money in.

My comment is going to differ from the first comment that says that developer should focus on something else apart from raising funds.  For me I think it’s all about doing things right,  maybe those who have been doing it are not doing it the right way, and that’s why they keep on failing.

It’s all about having a team in this agricultural sector that would develop a project like this and be more focused on the success of the project, and how it is going to keep thriving and not end up as one of those other agricultural cryptocurrency projects that you have seen. It's still going to be all about raising funds, because that’s the only way I can see cryptocurrency being part of agriculture: investors are going to invest in this coins and the funds will be used to invest in agriculture by those that are behind the project to make income.

The more investors keep going with their investment, their funds is being put more into agricultural produces, and to generate more profit in return. That’s how I imagine it.Funds should be put on agricultural structures and many more things that are going to benefit the agricultural sector and also benefit the investors. And for investors to have access to these opportunities they will have to invest in these tokens or coins.

It is not something used for thousands of years, up until very recently in human existence (last 100-150 years) we didn't even have proper banknotes that we used. Sure there were some rich people who hold bank notes instead of banknotes, stating that they had money in the vaults, but that wasn't everyone, that was the very rich that had excess to put in vaults.

Most people used coins actually, not crypto coins of course lol, but regular coins. So actually coins is the most common thing in the world of currency, banknotes has very little existence that nobody really consider, eventually we got back to coins again, only this time it was digital coins and not hand held ones.

That's what I suggest about staking as well but some people worry about the price drop because of it. Like for example if I am going to own crypto and just hold it, why not get uniswap token and stake it?

I mean after all I am just going to hold as long as possible right? Might as well make some profit from holding as well. However, some people worry that if there is a staking option then it means it could get devalued because it may create some inflation.

What those people do not realize is that even bitcoin has inflation due to miners creating wealth every day, what is it right now after halving, 900 bitcoins a day? That's 50+ million dollars worth of bitcoin mined every single day. Do we see it crash every day? Of course not, sometimes it crashes, sometimes it goes up, which means that if that could be covered, then why wouldn't that happen with staking tokens?