Yeah, pretty simple and not bad for a start. Trustworthy is a part of it and security is another part. At this stage of cryptocurrency, I believe everyone is trying to stay very careful so as not to be scooped of their little asset.

It is good that we are having decentralized exchanges as this is really what we are all looking forward to in the long run and not just all these centralized exchanges that can rip you off anytime but at the same time, it seems Dex are not really giving that vibes like they are ready for the real world.

What happens with experience is that we learn a lot from it. Most people who have ended up doing well in the trading world till date have been able to learn one thing or the other from the experience they have garnered over the years and some of the mistakes they have made. It is normal when you are even still new to a particular world, mistakes are bound to happen, but the main idea is to learn how to utilize those mistakes for your own good at the end.

Anyone who is not educated is just gambling and it is about time it ends up catching up with them. There is absolutely no way you would have been trading for a long time without the use of some analysis or the help of some indicators and the only easy way out of that is to be knowledgeable about them otherwise you are going to be destined to fail.

How do you know how to use a tool unless you learn how to use them and I believe experience will not teach you how to read divergence on MACD or RSI.

Without any doubt obviously, it is binance. It is more like trying t compare lambos with volks, as there is a pretty huge difference and gap between binance and these other two. I practically have not even heard of bancor until now that the Op has mentioned it and I am pretty sure it is not an exchange with many waves for now. When it comes to volume, reputation, development, keeping up, obviously, all fingers are going to be pointing to binance.

I guess we are forgetting here that managers are just there to do their own job and there is simply no way anyone can easily find out if a project ends up successful or ends up a scam just because the manager is a high ranked member.

It is all about the team and even though some managers always take their time to scrutinize the project they want to collect, some really do not always care and what they are after most of the time is just what they get paid and the rest is left for you as an individual to make your own decision.

Unfortunately, it is not every country that can obviously think that way and I really do not expect that this should even have much impact per se on the economy as a whole unless in the position where there is a mass adoption.

The problem here which I believe is absolutely the government and they give the rich ones an edge always over the low ones when it should be vice versa. Probably, with the inclusion or integration of blockchain technology in each financial system, this is something that can easily be dealt with.

The whole market generally is extremely volatile and there is nothing we all can do about it. However, the thing here is that it is best to at least put your funds in what you can monitor and for an investor that is looking at the long term, just 2 of these coins may not really give the vibes you want with respect to profit but for sustainability in the long term.

Just few coins can really give this like you have said, with BTC and ETH being the top on the list and the others are just there somehow begging for recognition except for being pumped and dumped at the slightest chance investors get.

Obviously, without capital, then what are you planning to trade ? For a beginner, it is very important to be very careful of the amount you are trading and build some confidence from knowledge and experience first before even deciding to try to go huge which is the mistake a lot of newbies in trading always make. There is more complexity to trading to learn in one day and frustration kicks in when you start losing a lot.

Resources are available everywhere but making use of them is not possible unless otherwise we are dedicated toward learning. Learning different analysis methods and innovating new unique strategy are basic things for every trader in order to find success with trading. But all these will be possible only depend on how much dedicated for finding success with trading.

Yeah, this should always be the first thing for any new trader to keep in mind. I only want to add the fact of not rushing into anything after learning.

A lot of people are always eager to make money that they read just very few stuffs, quickly enter an exchange and thinking they are set to start making successful trades for life only to find out that their eagerness has made them to lose so much. It is important to study very well like you are preparing for an exam because that is more like what trading is.

Even if you are going straight to the market, it is very important that you have learned as much as you have. The thing about trading is you can learn so little and expect things to turn out fine. Learn pretty much, do not rush it and then after that, you can start practicing and making reference to some of the things you have learned. The essence of the practice is to build you some emotional strength to be able to make smart decisions in the market.

Yes, learning should be the initial point of getting into trading. If we start trading by gaining knowledge, we may avoid losses and may find possibilities to make big profits. To become a professional trader, continuous learning and practicing are the simple ways.

Right. This is something anyone should always consider before investing anyway ?
No matter what is even at hand, it is usually better to split and diversify into other coins and having these two in one’s portfolio is simply like the best move to ever make. They will both be growing pretty strong in the long run and I believe those who are likely having them in their folio will be enjoying those moments. Therefore, I see the two of them as the best option.

Lol. I guess that is practically the mentality of noobs in the market and rather than trying to see the bigger picture and why they should be buying and stashing up at the dips, all they do is panic and worry over nothing even after they have been holding for a while. Pretty sure they have no idea of selling into FOMO and buying when people are panicking and afraid of buying. Only those who know that logic are always the ones getting the best of any market.

Has there ever been a time that has not been very good in holding ETH ?
This is a project with a lot of obvious potentials which has been glaring over the years and I see no reason why anyone should not be having this in their portfolio. It however depends on your preference and how you see its future, but whichever way, it is still going to be far better than it is today and obviously, we will get to see more level of green light in this space in the long run.

Pretty good for investment. I have been holding NEO for a very long time and I have come to at least love some pretty good level of its sustainable growth. I guess a lot of people are used to all the spikes and all, but let's face one thing; a steady growth is usually the best for long term gains for investors.

Spikes to me is just more like a short term which always get awry at the end, and in that case, I usually do not see the point in it. Patience with NEO is all that matters as we all know it is a good one to hold on to.

Yeah, it is as simple as not even doing anything at all and only having your portfolio accumulated somewhere you can easily monitor how they are doing. Nevertheless, long term trading is not as easy as some may be putting it as you may still need some knowledge and some who consider themselves long term traders still do better when they know some technical stuff to play some advantage in the market.

The good thing is that you do not need much stress of day to day corrections in the market with long term trading as you target is usually the FOMOs.

Just like smart investors will always do. Sell into FOMO, buy back during the crash when the weak hands are totally tapped out and then wait for it again.

I have been doing this for years now and I am not sorry for those who are always being greedy in this market as it serves them right. The thing though is that we have so many inexperienced investors in this market and all they do is to buy high and sell low, then I wonder, how on earth will anyone ever be stupid enough to do that ? But I guess it is what it is.

Yeah, and you cannot even plan without knowing what exactly to plan in any trade. This is one thing most noob traders do not usually know. They only know how to enter a trade since the market looks low to them, they have no idea of support, no idea of resistance, no way to use the indicators to make decisions and all they do is gamble their position and as long as those stuffs are not being used to make successful trades, nobody in that category can ever be successful.

Even in bitcoin, they really do not need much FOMO and FUD; they only use that as a factor to get some weak hands out of the market, or to get some greedy ones into the market which ever case it may be. There is always that period they accumulate after selling at the peak, and all the weak hands being tapped out which is usually their main target anyway in every market as well as traders with no knowledge of the market. They are the makers and they have huge position in every market which makes it easy for them.

Well, since you did not define your few months, I would have ended up calling you a joker . You guys just always like stating something that obviously no one can ever know or expect.

Also, I guess you guys have not noticed that sometimes, recovery can actually take a long time and expecting to see some bull run up till that level is something I do not understand why people just keep expecting. Yes, we may or may not, but the likelihood in few months is not something plausible. Most probably, by this year-end we may see that bitcoin will get fully recovered and also having further growth toward some $30k to $50k levels. But this may take up to mid of next year too.

Yeah, the world of cryptocurrency has been experiencing some good movement for some days now which is very good as far as I am concerned, but at the same time, looking and judging from the way the market has been for some months now, I still always try as much as possible to keep the other side of the bears in check most of the time as a trader which we all know how things have ended up turning out pretty fast to worst when expecting the best and vice versa.