Look you can't time the biggest moves, there are sometimes huge moves and those are always unforeseen and can't be calculated or timed perfectly. But, if you want to time the market on regular days there is only one thing you need to do. Check the resistance points and support points.

Support points are places where there are buy orders all collectively looking high and in order to break that and go even further down there needs to be a lot of sales, resistance is just the opposite there are people selling coins at some price and in order to go above that you need to buy more than they sell. If you learn where those levels are then you can follow that path and buy during support line and sell during resistance to make the most profits.

Why are we not calculating the already increased amount? I mean it was at bottom 3.2k and now its 8k which means if you calculate from 8k then it will be 160k but if you calculate it from 3.2k then it will be 64k (I hope my math sucks) that is why you can't calculate it like that, we don't know it will do 20x at all neither maybe it won't do another 20x but will only do 10x which is still a lot in finance anyway.

So, calculating from 3.2k and calculating it as 10x that will come to 32k and that would be all time high but nowhere near 160k level at all. This is bitcoin, people who have been around for a long time (way before 2017 peak) will tell you that btc can be 1k tomorrow or 10k and none of it would be weird.

I think corrections of these times will not be as big as it used to be. I mean there will be some corrections for small numbers but the reality is that the times when corrections were like 25% will not happen anymore. So far the question, will there be a correction? Sure, there will be but I think it will be small and than go back up that number very easily.

Now we are seeing the support lines and we are testing them because we are going up super fast so we want to know if the buyers have our backs and we sometimes sell and drop to support line to see where it is and how hard it can defend and after we see its solid we go back up. So, check the support lines and put buy orders one dollar above it so you can buy from the best possible place and put your sell order one dollar fewer than resistance line to sell at the best place.

It is definitely dangerous but when people get bored it definitely takes out the best of them and when you are at the bottom of a pit with no way out any rope thrown your way is a bliss. I do not trade with margin anymore since I have better things to do but at one point I really did picked it up because I felt like both trading regular or casinos or PC games wouldn't help me become less bored and I had to find something new and wanted to have fun, so I put 100 bucks in and tried it, I said to myself this was closer to gambling than actual trading and I am willing to lose this 100 bucks but all I wanted was to make it as long as possible without losing it, I think I went with that same 100 bucks for 2 months, early days being more involved and later it got boring again and then one day when I was super bored I just went all in on very high leverage and lost it all.

I think the journal part is more crucial than many people think. I have started out trading without actually trading and that was thanks to my journal.

I woke up everyday trying to find what would be the next coin I would buy if I would buy any coins that morning and write them down both with name and the icon (like bitcoin and btc) and then I would write the price of it at the second and then next day I would check how I did and for a week I would check how I did and that was it because as a "trader" I wouldn't look further than just a week, that way I would know if I am getting any better at picking right coins everyday without actually spending any money.

I kept that up even during my actual trading days and either actually bought coins or bought only few of them but still wrote others and it helped me a lot.

I lived just the opposite of this. In my country forex is quite famous and there are people who live in front of the exchanges who buy and sell every single day multiple times trying to profit as much as possible from the spread so forex was like a national sport for us before it even existed and then forex happened and all of those people went back to their homes opened an account and started doing it at home.

I was one of those people and I did made a decent return time to time but mostly I was breaking even because the money I was profiting big was usually cover all the small loses I did everyday. When I switched to crypto that experience helped me a lot because I was quick and I sensed bad things coming from a mile away and was lucky to get out at the right time, I am not a smart guy who profits a lot but I am smart enough to not lose a lot.

I think with lightning network and anything else that will put on top of that the transactions will be fine even without the electricity costs. I don't know how miners will profit from it in the end because I am not a miner and I haven't dealt with the operations of a mining place however I know how it will affect the users since I am a user.

I have been looking into getting a ledger nano just so I will be capable of sending and receiving on the best possible ways, that way I can pay less transactions via lightning network when available or segwit right now. Which means for the customers the future is not for electricity costs or some better mining equipment or something, the future is better core development codes for bitcoin itself which could make it cheaper.

Mine was very simple, I hate banks and I wanted to have a currency that I do not need to use banks with. Any other fiat is usually either cash or its on a bank somewhere and you can carry only a certain amount of cash with you, if you have 10 thousand dollars and do not want to deal with banks then you can't carry them all in your wallet so you put some of it on your house which is another risk. That is why I started using crypto as soon as I heard about it, hell even mined bitcoin with my old laptop so I know I have been around for a lot .

My whole purpose of bitcoin and any other coin wasn't to make profits (but thank god I profited a lot too ) but it was mostly because I wanted a new digital currency that would help me get away from banks but still keep it secure and tell me is there any currency that is more secure than crypto?

I am a walking proof of this. I last worked a normal job 3 years ago, I had a short 2 month stint somewhere in between but my last decent job was 3 years ago and I can testify that for the past 3 years I have been paid with bitcoin (and to some extend altcoins) because that is an easier method.

In my country you can get paid with paypal as well but then you need to spend it on paypal and can't withdraw it to your bank account, so you end up with a lot of money on your paypal that you need to spend online and can't turn into fiat cash in your hands whereas when you get bitcoins you can get it to your bank account via exchanges and then using ATM can get cash for it too so it makes it that much easier.

Exchanges are all dangerous, there is no single exchange that is purely easy and reliable, any of them can get hacked and any of them can scam you so there is no way to know which exchange you should use. But even after saying all of that you need to consider binance as the clear best in the world.

I mean they got hacked for 7000 bitcoins and they are still doing amazingly. I think if you use binance and you get scammed or get hacked and what not that is worth the risk since you may get unlucky
but that is a lower chance of happening compared to any other exchange. To be clear I am not saying binance is easy and reliable and won't have any issues but I am only saying that binance is comparatively speaking the best you have.

The fact that bitcoin dropped right now helps us a lot. I mean we all know that public still believes in bitcoin and we all know that the price will go up because the bull run is still here and all we have to do right now is buy and wait. I do not usually buy bitcoin at all but right now I could make an exception, it is so so obvious that bitcoin artificially dropped that it will be capable of going up yet again and nobody would be able to ask how it happened because its so obvious.

I don't know how much it will go up or when it will go up but the metrics show that it will go up for sure since this wasn't a real drop but only one big sell. Everyone else still believes in bitcoin and will keep buying or holding while going up.

I haven't lost during trading too much but I lost during the holding periods. For example I had a decent chunk of money during the 2017 peak and sold all my coins close to the all time high which was the best thing I have ever done in my life, after that I earned and got some more bitcoins during the bear market until summer as well and then the price started to drop, so from last years June to almost couple months ago I worked and earned and got bitcoins but since it went down in price I lost money from it.

It wasn't trading but it was still a huge loss since I didn't do anything to lose money, I was just holding my bitcoins doing nothing and just gathering more bitcoins yet even though I had more bitcoins I lost more dollars every week. Unfortunately I had some bad things and had to sell all my coins which meant I lost money and couldn't even recover.

I think the main reason why doge was started was a joke, it is not supposed to be a legit coin that you invest and try to earn money, it was more like "if you have spare cash you can spend buy doge and join the community fun" and so forth. They sponsored a NASCAR car once, they supported a bobsled team from Jamaica if I remember correctly and they raised funds to build a well in Kenya as well.

So, aside from jokes and what not they did made a lot of funding for stuff as well and that is it, that is all you do with doge, not invest and profit but more like buy and help. The whole idea was a joke to begin with so why would anyone want to profit from doge is beyond me since that is not what the purpose of the coin was.

I think not as decentralized as it should be. You know why? I got into this because I believed governments deal with their currency daily and do stuff that changes the prices and affects the economy and I wanted something that is ran by the public. However looking at the segwit deal last year how some people came together and changed the way payments are done, nobody asked me about it, nobody asked me if I wanted segwit, I would say I do but I still didn't get a vote.

On top of that we now see clearly that some rich people could sell their bitcoins and change the price however they want as well and manipulate it the way they want. I just feel like it is too centralized even though its more decentralized than fiat currency its still not enough.

Everyone already talked about why and how warren buffet is an important figure in investment world but it is never enough. What he has achieved is something that has never been done before because nobody did it for that long. There have been plenty of good investors in the world but none of them have been as consistent and as legit as Warren Buffet, most of them either used scams or shady business moves or they never got this long.

Dude has been in business for over 50 years now and he still has 20%+ average yearly, of course some years are down years but the average is still over 20% which nobody can really do. He is right about crypto too because he has always said he doesn't invest in business he doesn't understand. Dude is so machine when it comes to investment, his bridge partner is Bill Gates and they have been friends for YEARS now but he declines to invest into Microsoft at all cost too.

I don't understand why people care about time that much, I have way too much time in my hands and I do not even want it, I am not a guy who likes to "enjoy life" like the ones that go out party, go to places to spend well time or go to great vacations in hidden places where not that many tourists go or hiking or any other hobby.

Basically, I do not do anything that I am "suppose" to do to enjoy time even when I have all this time. I surf on reddit, watch couple of netflix shows, read books and that is about it, I could spend extra 6 hours of my life on working every day but I do not have work to do so I spend all of it for empty stuff that will not be really remembered in one year, so to me bitcoin worth a lot more than my time, if I had any work, no matter how boring it is that paid me even very small amount of money I would have taken it.

I think it is not only that Trump manages to keep the stocks not going to low or going to high but also shows the volatility issue. Why does less people want to buy stocks lately? Why are they unwilling to sell but unwilling to buy ? What is the connection of it with Trump?

Well, whatever we say will be just pure assumption and speculation unless we actually do some sort of survey among all regular stock market lovers but from the predictions we can see couple things.

First of all people do realize that companies do make money, it could be in a good way like making more profits but it could be in a bad way like laying off people but in the end even if its bad for the country there is a profit to be made, even if its short term its there so people are unwilling to leave however people know that its not a feasible long term plan and it may hurt them in the end (maybe not in 1-2 years but in 10 years) so they are still not buying neither, they need to see proof first and that is why the volatility got very low.

This is an AMAZING website. You know how sometimes you never have something and you do not even know that you want it but when you get it you realize how you lived without it so far and realize you always wanted it but didn't know it? Well this website is exactly that.

If asked I wouldn't say I would like a website like this but after seeing it I realized we always needed it. It is sad that we are still heavily into USDT and I hope that dominance of USDT will get lower in the future but weirder part is how USDC is the second biggest marketcap yet fourth biggest volume. I don't know the reason for it but that seems like the closest rival to USDT and hope it will get higher and soon will be used in bigger exchanges instead of USDT.

I think the main utility of the coin would probably be paying facebook for stuff. I mean it could be earned as well or it could be bought we don't know that part yet but the main utility should be something like pay facebook with globalcoin for advertisement spot and you get a cheaper ad instead of paying with us dollars and they get to pay less taxes since they don't have to show it as profit since they are giving it to you and you give it back to them.

I don't know how the accounting of it will be done but in the end I am sure facebook wouldn't do it if they didn't had any profits in this. They are going to make you use it for all they charge you normally and you will pay them with globalcoin whereas they won't pay taxes with it.

Microsoft doesn't seem like that type of company. They have never acted in evil way willingly. Of course there are hackers out there and since most computers are now microsoft people tend to build viruses for microsoft and all that but the company itself never hurt anyone willingly. Meaning if they use blockchain they wouldn't really try to sell that data in a facebook manner of way.

They are just trying to help you out in any way they can and they are nerds themselves so when they hear a chance to build something new they get excited about it for sure. Remember Bill Gates the creator is constantly helping people out everywhere in the whole world with all his money, why would an evil men trying to make money from bad stuff use that money to help the poor.