I am really looking forward to this another strong support for Bitcoin now. The $12,000 area. Before I believe the $10,000 is also the strong one when we are still ranging $10,000 - $12,000. But look at how Bitcoin broke that $12, 000 price level resistance last year and this August - September.
For now, I am not worried even we will feel a huge dump until the weekly close, as long for me, we will not drop below $12,000.

Most of the victims of this mistake are the newbies, those people who are just starting to learn different things. I admit this because of back before when I started to learn cryptocurrency, like buying Bitcoin or other cryptocurrencies, or trading. I really trust other random people on the internet in their own opinion and I ended being REKT.
Learning on our own and being positive in our own opinion is really important, we should learn how to trust our own instinct before other people.

I hear some people that doing trades and complaining about their trading capital.

So, does trading capital really matter at all?
Are there any disadvantages to having a low capital the higher one?

My point is, having a higher trading capital will make you a good trader or successful trader?
Because what I think is if you have high capital, the risk is high for sure yet the reward is also high, but when you have low trading it's still the same, you got low risk and still low reward.

These candle patterns are helpful, I also admit that. But we should also think that the higher timeframe we are using, the more accurate we can get, especially if you also based on the candle pattern because there are some cases, for example, you find a bullish pattern in 1-hour time frame, but if you check the higher time frame, it is bearish.

Exactly, some fake movements e.g. fake breakouts can be one of the best examples here, just like shown in the first post chart. You thought it's already broke the previous resistance which called a breakout, but after the daily candle closing price, bam, it's rejected. So I admit it is a fake price breakout.

Some people may change their minds anytime. Warren Buffet literally knows how to make money, he literally knows a lot when you said about "money", he becomes a billionaire because of his skills and brilliant mind.
His sentiment on Bitcoin before may still a few foundations that's why he is telling the public he is not buying Bitcoin, but later on, he changed his mind. That is an example of being a good trader, you can always change your find based on your analysis not because of what people says.

We all know that working for the country especially if you are in the government, a lot of benefits. For example here in our country, a lot of people dream to work under the government, because of benefits and some of their workload may not that so many and not that busy.
But for me, it's not my dream job at all or maybe it is involved with my skills.

Trading cryptocurrencies while you are working or having a day job, may a good decision especially in your work, you are not that busy and you got a lot of time to learn how to trade.

This method is not effective for the long run, this is purely a gamble for me, it's like you are playing a toss coin here.
The nature of being a trader here becomes useless.
If you will just use this method to identify if it is a downtrend or uptrend, it may not totally effective at all times, we all know that cryptocurrency or Bitcoin is extremely volatile.

I am sharing a short 1 reason why we waiting for a candle to close is really important when you are entering the trade.

This may different approach for the different approaches to the way we trade or enter a trade.

This example using a support/resistance method to enter a trade.

An example chart is NEO/USDT pair.


If you are using a breakout on resistance method on trading, and if you can see the blue arrow, it's clearly a resistance and about to breakout.

The next candle on that blue arrow, after the candle closed on that blue arrow, you can clearly see in the yellow arrow that, the resistance already broken in the daily time frame.

The problem here is not yet closed, so you may enter on $42, which is already broken the previous days closing price. But at the end of the day, on closing price, it is below the resistance you are looking for. So the result, is kinda reversal, following candles become bearish and lead you to dump.

What're your thoughts? You have any reason why waiting for a candle to close is important? Feel free to share!

For me, this is normal. Every system got its own holes or maybe some security flaws, even how high the scores of those mentioned Decentralized Exchanges (DEX), there may be still some issue or bug. Some entities like CER may come up with different rankings and findings.
But I really appreciate CER (Crypto Exchange Ranks) for taking the initiative to do this kind of research and do their ranking on the Decentralized Exchanges (DEX), this is really helpful for everybody especially for non-techy traders and this will help to become a basis for choosing an exchange.

Recently, I am really watching closely the huge horizontal support of Bitcoin is $10,000 and it really shows a strong one before, even bears try to break and close below the $10,000 on the daily time frame, but they failed, almost 2 months that we don't close below $10,000 before.

Now the next target again that we will build strong support is the $12,000. Volatility these past few weeks on Bitcoins becomes not that so strong, it kinda becomes neutral as we slowly near to the all-time-high.

In short, he/she want free money, like more passive, he just wants to sleep and let the money come.
But, with the want OP wants, it's really possible but he/she should also accept the consequences, like not 100% guarantee he/she may earn a huge amount of money and the worst part is losing money.
That kind of software or service OP wants is not an ordinary want, it is complex and I can assume it is also expensive.

If you have a low amount of BNB and you usually using Binance for trading, then you can put it then in the exchange wallet of Binance itself. Did you know that if you are holding some amount of BNB, your trading fee will be lessened? Like it got something discounted for every trade you do.
And as you already know, using a small amount of BNB or just any altcoins and put it on staked, a return is extremely low, then you gonna have no choice.

We should also talk about how the huge risk when a trader using leverage.
It's a huge risk and for me, it's not a newbie-friendly. So if there will be a user may see this thread, I really advise don't start with leverage trading when you are starting to trade or doing practice. Go try to use first spot trading, even me now, I am using a very small amount of leverage.

We people got different opinions and ideas, especially with it already involved financially.
If you really value your wealth, your money, you will start to make some moves on how you will start hope about financial freedom.
If you notice, some teenagers these days don't have any care about money, most of them are just relying on their parents, can we consider it as a financial responsible or irresponsible, when they don't care about their finances in the future or become financial free that without relying on other people?

For me, being financially responsible is a choice, and one of the reasons why people are afraid to become free because they don't want to responsibilities.

This is also what I think. For me, Decentralized Finance (DeFi) is like something upgraded ICO, IEO way back 2017 - 2018 days.
Remember the ICO fever when the last bull run on the time we reached an all-time-highs, that was a lot of money that has been rekt by a lot of ICOs before, and look at them now 80% - 90% lost!

Honestly, I don't want to happen it again now, but we can't really control people who just enter without knowing everything or studying, they thought it's just easy money, easy come and easy go, they don't know the risks.

Honestly, I was also disappointed when I started to know that they were building a new token and the way they compare their coin with Bitcoin.
But even like that, I still don't judge them, they are skilled and talented coders.
And I know, this kind of project will extremely techy and I can say about 90% of the people will participate here or will use this are all techy people, especially developers, engineers, designers, etc.

I am also proud of one of the founders of this project for his dedication;

If you are new to trading or just starting, I really advise you to avoid visiting such social media especially Twitter, unless you are doing there for learning not looking at some crypto user who tweets with some dramas or shilling some altcoins, there are a lot of them there.
Most of my learning on trading cryptocurrency before was using Youtube. I keep watching different videos about trading, non-crypto, or cryptocurrency as long as you get the proper way of trading, like reading different candlesticks, chart patterns, and most important the risk management (e.g. risk: reward ratio).

Bitcoin is available to everyone for me, as long as you have an internet connection, even there are some countries that ban using Bitcoin or any cryptocurrencies, there will be always ways for them to use Bitcoin.
But you are also got a point that some people may much prefer using Fiat than Bitcoin, which is also I agree.
We can not force people to use Bitcoin nor fiat. For me, even Bitcoin in the future will really be expensive or more people are using it, fiat will stay.

I don't think Binance is good for what OP needs, since he is asking about "instant". Which means fewer clicks just to make your crypto to be exchanged. Just like all you will do is to deposit your cryptocurrency and you select which crypto you want to be exchange.
While using such Binance is really not comfortable since you need to create an account before you can exchange your crypto and the worst part is the KYC.

The problem is the said exchange is decentralized, as OP said.
So the difficult part here is how the exchange contacts the owner of Ethereum address.

Since there is no information on the owner of the ethereum wallet, so there is also no way that the exchange knows the owner.

For me, to be honest, I will think that it will become a lesson for the exchange itself if they were already known that was a bug, it's like it is already a loss of them because of their fault also, although we can't really sure 100% on every system, there will be always a hole.