Well, we got the double bottom attempt I was expecting. The daily candles look pretty ugly with that $300 dump today, but we're still just chopping inside the same range from the past 2 weeks. I'm not confident in a revisit to the December lows yet.

If we do go back there, I don't expect a triple bottom. Those are extremely rare. I'd be looking closer to $6K or $5,400 for support.

But the problem is with the utility. People are ready to spend their Bitcoin without converting it to Fiat. But where are the options? There aren't much merchants or vendors ready to accept btc as payment. Even if they do, they will most probably convert it to fiat. The high volatility it comes with is not sound for any stable business. These are the underlying issue because of which btc is more of an investment asset which can be converted to fiat for any use. It hasn't evolved as a currency yet.

I have always used the coinmarketcap rating to select the best exchanges for trading that have large trading volumes of exactly the coins that I own.  Nevertheless, you need to constantly monitor the operation of the exchange, because at some point problems may arise, such as the situation with Bitrex.  Of course, today I completely switched to trading on Binance, but nevertheless I use even little significant exchanges to trade not very famous coins that I have in my portfolio.
If we talk about the Okex exchange, then in some respects this resource surpasses some of the famous exchanges.  Moreover, in cryptocurrency exchanges this cryptocurrency exchange is in the top twenty.  The only thing I didn’t like was the poor ability to translate into Russian, as well as banners in Chinese, because very interesting and useful information pops up, but learning about it no longer provides an opportunity. This primarily concerns the video on futures trading, which is shown at the entrance to the site, but in an inaccessible language.  In addition, you must pass KYC for trouble-free work of the trader.

I agree that a lot of newbie traders got burned early here because they thought it is a get rich quick scheme. So they just buy or trade without planning and the results are a disaster. But there are smart investors as well, maybe they have the experience before or just used their logical mind to learn first before joining the crypto sphere. So those are the two sets of individuals. And I'm sure those who have lost their money here have learn a valuable lesson and next time they've going to trade will careful planning. It's up to us to choose which path we wanted here.

Living on Bitcoin? It's not quite possible where I live and the same thing with most other places. There are exchanges and wallets that don't offer their full services to some particular places for a reason that's best known to them.

Just like Coinbase, they don't offer services to some places, they will allow you to have access to their wallet but you won't be able to purchase and trade on their exchange, but only make use of their wallet for sending and receiving. The worst ones are the ones that will ask you to verify your identity and still allow you to upload everything and after you have done that, they will tell you their services is not available to you yet, very foolish. Bitcoin is not known much where I live and people don't accept it, except those that are into investing, buying and selling of it.

If youre a hodler and a true believer then you would really tend to hold no matter what would be the market situation.It might take a year or a couple
it doesnt matter as long you do saw that theres a potential.It will depend on a certain person though.Its better to hold rather than risking on having active
trades that might really decrease your holding instead.

Skills needs to be enhance and updated each time if you are going to short trading. Scalping is really tough as the market have a unpredictable nature.
A person who commits mistakes with the daily position can lose a lose in a short period of time. Mastering the skills and emotions that you needed, helps
you to builds up much better trading practices.

But the thing is you can also lose money in holding bitcoin. There is a misconception because there are many people think that holding can make them rich but in the reality is not like that. There should also timing in holding bitcoin, you cannot hold bitcoin if you bought when its price is really expensive because for sure you will experience losses when its price goes down.

Significant parts of my professional duties involve trading, so I'm obligated to trade at work ,

also with crypto markets open 24 / 7, any serious crypto trader should prepare to be dynamic enough to react to the markets at irregular hours.

sometimes a country prefers to make than to use, and maybe also some countries are still unable to control bitcoin. Actually there are many reasons that make bitcoin still rejected from some countries, and maybe we should respect the decision.

Most of educational channels are doing fine albeit the massive news regarding the raiding of crypto channels. Youtube will not just outright ban without a proper reason and they are doing this because there are too many garbage videos talking about scam investment. I'm myself always stumbled upon such videos everytime I'm trying to seek information regarding crypto so it's not a problem on my end. Youtube also want to reveal from where the funding of a channel comes from and if it comes from a shady organization it will be taken down aswell.

In order to start using cryptocurrency in business, one desire and willingness is not enough. First of all, the relevant regulatory legal acts should be adopted in the state, which would regulate the procedure for using cryptocurrency to the smallest detail. Without this, any business can fall apart if the regulatory and tax authorities ask their questions and look for reasons to find violations and fine the businessman.
In addition, the high price volatility of the cryptocurrency is still an insoluble problem for business.

so far I also want to be like that, but it seems that regulations on the country are very difficult to accept. especially if it makes fiat difficult, so it seems very difficult for the government to accept it. honestly, I have tried enough to use crypto for daily use, but after all, fiat is better than crypto in that matter. so changing crypto to fiat is good enough.

For me it's just simple, the biggest exchange is the best exchange. Only because lot's of traders are going there to trade which means a lot of people are trusting it, so with regards to the safety of your funds I think you cannot complain about safety for example to Binance. And for me, the biggest exchange establishes their names so why trade on the new exchange if big exchanges are there and can guarantee the safety of your funds.