What people are forgetting is that these companies have to make "more" profit and not just profit. You think if those chips were a little bit more each, or that product had some more grams these companies would lose money? I mean sure they would lose millions of dollars in profit there is no doubt about that but you think they would actually not make a profit? These companies do not save enough from these things to be profitable, they are already profitable and what they do help them just a bit more.

This is why they do this, not because they have to in order to be profitable, they do it because they want to make more and more profit. Why? Because they have shareholders and you can't promise shareholders 1 billion dollars profit forever, if you do that they will move to some other that will profit them more, so they have to keep profiting more and more and that is why there is shrinkflation.

But right now, bitcoin is facing slight downfall from today's high of $57.7 and trading below $55k as of now. Not sure why bitcoin is missing the power to break the resistance levels around $59 to $60k levels which still firmly holding and due to that, bitcoin market is trading too stagnant in last 2 to 3 weeks. So far $52k levels are super strongly holding bitcoins as support levels and as long as those levels hold then we do not need to think about anything below $47k levels (which was the recent low).

Many people are sharing like they are not ready to believe in this but I like to ask them when we individuals are planning for better future through bitcoins, then market giants with billions of money why not think about not missing an opportunity which is running for more than 10 years and giving out good ROI.

Believe or not, your friends and your colleague also might be involving with bitcoin in some other way but not disclosing to you for some reasons. This way big companies and celebrities will unveil their secret investments over the time if needed or will keep them hidden forever but we can assume by seeing stronger rallies with bitcoin markets.

Yeah probably Musk must be a the core reason for making those big people to talk about bitcoin or cryptos in general. But, I am sure that these people are not in need of attention seeking as they are already having lots of fanbase and worshippers to dance for any of eyewink too.

Anyhow, all are happening for good, these people will seed an idea about cryptos which may lead to be investing with it over the time. In some sense, even they are doing for their own benefits, but actually they are working hard for the crypto community indirectly . We must welcome them.

Just think this way, we have everyone as long term holders and only 1% to 5% people are trading and miners also preferring to hold like 90% of their block rewards then what will happen? Could you imagine like that kind of scenario?

That would be a situation where traders may not face frustrations if they opt long positions only because will remain bullish all times and we may not have that 4 years cycle of bitcoin markets. All the above bitcoin might have got chances to hit mainstream. But, we are into a situation where short term traders are hurting everyone as they are acting for their benefits alone.

I agree and moreover everyone will be looking for that kind of strategy because when you are having something which is time efficient as well as making profit means then there will be no other reason will be existing for anyone to skip that.

All the above, I may not look for short-term based things because I am comfortable and I am ready to trade even for long period of time but I must need consistent profits. Because, when you will be having multiple trades at a time then time is not a constraint but only having accurate target hitting things will be the biggest concern.

Even scalping requires lots of your efforts, there will be no guarantee to make profits consistently out of scalping. That is the big problem with all kind of short-term based trading strategies. I never recommend scalping for any trader regardless of their level of experience in cryptos because I have seen even professional traders are not going for scalping due to its high levels of risks.

Moreover scalping can be good for traders in the case of they are trading along with bots or having strong analytical skills. As of now I'm not into any kind of short-term trading but only long-term holding.

When your predictions are good and accurate then probably you never need to modify your plans and targets. So, psychology will come into action only when you are not doing good with the technical part. The real problem is, under pressurized market conditions you cannot take the right decision which is the reason emotional traders are most of the time facing big losses in the end.

To handle your emotions more effectively then you must have plans for your emotions as well. Taking short break and not chasing your losses kind of things will help along with strict stop-loss for your all trades.

Yes, you are right. But because of bitcoin is trading stagnant in recent times, people are assuming like money flow is getting deviated from bitcoin into altcoins but if you're looking into bitcoin market movements on daily basis, you can find it is still having good price ranges along with good volume; what else we need to prove that bitcoin is having its own set of traders and investors who are all never looking for any other opportunities outside bitcoin markets.

I believe people will stop this kind of no-base arguments when bitcoin will be testing a new ATH. Because, people always look for a new ATH when bitcoin market is into bullish mode. In some sense I guess we cannot blame such people.

I'm having similar opinion about dogecoin investments. When there are some big hype is going on, why not we try to make use of it? Because, we are all always looking for someone to pump the coins we are holding; this is actually already happening with dogecoins hence making use of it by investing when it is available at cheaper prices will be a wise idea in my opinion as well.

Moreover, if you are targeting big price levels for your dogecoin investments, then there are very less chances for you will be disappointing over the course of time. Because, there are a lot of chances for Elon Musk to keep pumping dogecoins as he started accepting dogecoins for their one of businesses.

This is the reason, we must go for DCA. I never suggest anyone to go all-at-once because that will lead to big disasters when our technical turns down due to any kind of external factor's intervention. When you are buying in parts then the chances for getting disappointments will be very less. Even we are having strong technical buying signal or good opportunity when market is falling down, always buying in part will help.

The current down market of altcoins is good (except few coins like ethereum and ada) still I will not buy for all my available funds. Because, there cannot be any guarantee for market will not fall further. So, making use of current dips and at the same time, reserving some funds for future will be a working idea.

Yesterday my friend was checking his old metamask wallets. He had a token that I wanted him to give me, it was totally worthless token that didn't had any value but I just wanted to use it for something else, a testing purposes thing basically (wanted to use that one because it had no value, wouldn't want to lose something that has value in a test). While he was looking for that one, he came across to one of his wallets that had something called "telcoin" or something, which apparently he bought around $75 worth a few years back, about 500 days ago or so, when he checked he saw that today the same thing now worths 3600 dollars instead!

So you are 100% right, it is always good to have a spread, not spend too much money on them of course, but when you have too many coins and tokens, sometimes they shoot in value after so much, the one that can wait earns the money.

There are literally people who use order book to make money, so it is not the same for a high level trader for sure, but when it comes down to making a trade, like your whole purpose is to turn bitcoin into bnb? Then they are the same thing and there is absolutely no difference at all.

One difference is, if you are talking about just a very low level coin, the value may drop, if there is not enough coin in the order book and you do a market trade (the converting) then the system will just sell it all on orderbook anyway but since it doesn't have many buyers the result will be substandard and you will lose out on some profit. That's about it though, as long as you deal with top level coins (and binance usually just have that) and you are doing something small, then it is the same thing when you just want to turn one thing into another.

I am not sure if the idea is to fight crypto or the idea is fight each other? I mean by the looks of it if no country makes one, others will not suddenly start one, sure they can start one to go against other nations and win at something, for example China could make digital yuan to go over USA some more in economical warfare, those are all great things for a nations economy no matter how moral or immoral it could be but it is totally still against other nations.

I doubt that China would create a digital yuan to "destroy bitcoin", they do not care about it, they are agnostic about the results as long as they win, hence I think it is about other nations that everyone cares, and that is why they create something like that. Which is why I think it is a cool little nugget of information for us to have and not take any of these things personally if I am right, I don't know if I am.

But, honestly I have missed lots of swaps in my crypto life which include bitcoinwhite and streamity. I also holding PCL and JBN but these tokens swapping was auto process like they have sent new tokens to my ethereum addy itself hence I did not gone for any hassles (PCL asked me to follow some steps as it was about changing new contract addy).

When we are holding any token or coin then we must need to follow their dev teams through any of social media. These days twitter and telegram are most useful in this regard. Always watching the dev team will help not missing out any swap kind of news.

Launching price is something you may start at anywhere but it will be pumped or dumped according to the demand and supply. I have seen many coins that have been started with below one cent price levels and over the time due to showing progressive developments slowly attaining more than $10 value but at the same time coins which have started for more than 1 BTC value, slowly got dumped and then got delisted from exchanges as well.

If you notice some coins are having high level of swing on the day of listing on exchanges. Still here also supply and demand mechanism is playing big role on deciding the actual value of that coin/token at the end of the day. Supply/demand is the top most layer of a coin which is just reflecting the potential of a coin/token.

When all traders are working for their benefits, how we can expect people not to look for profits but continue holding? I mean different people are having different goals. We cannot expect everyone to be the long term holders of bitcoin markets.

Moreover, we need all type of people to move bitcoin market to new stage. A trader buy for short term target but we need to see them like they are contributing to bitcoin market in some way in building bigger prices. Even they book profits after some time, we can expect similar people to join and to move bitcoin markets continuously. So, every type of investors are fine and needed for better bitcoin markets.

It may fall but not beyond the strong support levels of $52k levels which must be the good thing we can have right now. Last week days we are seeing market is struggling to breach $59k levels which is still holding as a stronger resistance hence I agree we may need another pull back which may test this time $54k levels before trying to break the $60k barriers. As of now, most traders are too busy with dogecoins which might be a reason why we are not seeing bitcoin to trading in full swing.

I am also in favor of recovering toward the ATH but market is too stagnant than usual which makes me little worried as not sure how many investors could hold their nerves before deciding to book profits.

Yeah, only those people who know when to buy and where to avoid will able to bet on this market profitably. I agree analyzing the market must be the key for everything. You need to be fully skilled to analyze all market conditions otherwise we may miss one or two market influencing factor which may lead to losses in the end.

FOMO is something, we cannot avoid because when market enters into big hype then everyone will rush for their profits which is the reason leading to FOMO. When FOMO gets in, we need to agree that everyone is trading for same strategy.

Yes,  even we are all buying at low and selling at high price level, we are doing that up to the level of our market analysis and we cannot expect everyone is having same kind of market analysis so profit levels, and trading experiences are certainly differing trader to trader due to this reason.

Even in my experience some strategies are not working after some period of using it. Experts are reasoning it with changes in market conditions. So, trading strategy is something we need to update more frequently so that we can have profitable trading in crypto markets.