Anyone is good to trade and it all depends on your trading knowledge anyway, but sometimes so I do not end up giving myself some headache when it comes to trading alts, I just trade BTC against fiat directly as that honestly seems easy but you will really need some pretty huge knowledge to be able to do that effectively without ending up losing most of your funds in the process.

All the tips and the knowledge you need are all on Google bro. All you just need is to go there right now, type trading technical analysis there and see where that takes you. Also, the most important things you need to learn is the use of indicators to make decisions, try to see how you can make use of candles as well and if you can add some little bit of MACD and RSI indicator to it, you should be fine.

Traders and investors, who decided not to learn all they need to do to be secured, should have themselves to blame and most especially investors.

Investors only need a cold storage to keep their assets as they have no single business or dealing with trying to store their funds in an exchange or online wallet considering how vulnerable they can be and also, traders should know by now that they should only trade with what they can afford to lose, so they do not get totally burned if any negative situation arises.

Yes, long term investors and most especially those who already bought at the dips or even on top usually do not worry whatever is going on with the market. They understand the volatility and they are not ready to ever let that cloud their judgment as long as they are not ignorant of their investments. Once you understand how the market works like you said, you can even easily take it to your advantage most of the time.

Any good news right now will most definitely help the market. Although, I am not sure if the acquisition has been completed though, as I thought they are only showing some interest. As long as we keep having good news for now, things should get better and we should see the cryptocurrency space as a very lovely one to look forward to considering how it affects it. No need to be worried for reds though, the market will always want to test some supports to go forward.

Very valuable indeed. A lot of us are guilty of this. I am, so I am not exempting myself. I know it is hard to control sometimes, and even if you are not going to panic sell anyway, you would still want to check how the market is doing.

All the above, I am not guilty of 5 minutes checking as that is a whole lot, but at least 12 hours or daily is good enough. Anyone who understands the importance of what they are holding in the long term and how huge it is going to become, will really not bother much even when checking the price.

Comfort is something you should even consider as your last option. As long as you can make use of their API to make a trade on a comfortable tool, then you should be fine with not having to get used to the site, or dealing with bugs most of the time. Also, the most important is reputation, and from the look of things, HitBTC does not pass that test, which is one of the reasons I mentioned what I said above. Sure, no exchange is safe, but is it not better to still limit the risk than purposely or ignorantly end up playing with sharks ? For now, Bittrex and Binance are doing all I need and that is good enough for me.

Preparing mentally must be a great point, I really like that. You have really said it perfectly, however, there are just some people which after learning they normally still find it hard to take aside their emotions until they realize that emotion is not worth it in this market and the only way to deal with that is to invest what they can afford to limit those emotions and over time, get used to it and then can invest more.

Newbies sometimes will always be newbies, but like you said, for someone who can easily understand the future without being told, little things like the brutal nature of the market should not have any effect on them.

That pretty much says it. It does not only happen to those who are cryptocurrency holders alone anyway, it has always happened even before then where kidnappers demand ransom in fiat based on how valuable or wealthy the person is in the society. However, it seems they are beginning to see cryptocurrency as the easiest way to demand ransom and stay anonymous without being traced.

Manipulation is not a new thing and it is a good thing you detected it earlier. In fact, from the look of things, the exchanges are even the biggest manipulators here when it comes to the market for either bitcoin or altcoins. They have the resources, they have the power and most times, they roll in a group and always decide to make the decisions when they all feel like. That is how I feel anyway.

They are always reliable until they stop being reliable.
I have been skeptical about trading on EtherDelta these days after the hijack last year by some hacker who was able to redirect the website. Idex is good, but they are all just in the same category somehow.

As much as decentralized exchange sounds, there are still a lot that is needed to improve on and most especially security, so for now, I will just stick with normal exchange with liquidity.

There is nothing like surplus money when it comes to investment and no matter how much you have, once you work for it, you will always value it and as a business man, you would rather be a philanthropist than risk blindly. Those surpluses are meant to give birth to more and if you keep wasting them, you may end up finding yourself turning to nothing.

Always be wise, stay smart, if you want to trade, learn first and with that you can make use of any money you like to do your thing, but thinking because money is surplus and you can just lose it and not bother is a very bad mentality.

If someone can spend the time they are using in clicking on faucets to even use the little resources they have in joining bounty, which would even get them to familiarize with the system faster, they would see the worth in the long run. Faucets can never give you any tangible even in a month and you only end up making shit load of money for the owners based on their adverts, at least for some of them, so why waste your time doing something that is not worth it, when you can spend little time doing something that is even more worth it.

Yeah, and showing a very good sign of strength with the formation it is giving on the charts. I am hoping that we are able to break out from the downtrend channel though, so we can start having some more hope of testing the previous ATH we had since last year, but until then, we are just going to be keeping arms crossed. It is good though that we are having some little moment of rest with the market looking good.

Yes, that is always the best anyway, for any long term holder. For now, the sell pressure has not been pretty too much like all the ones we have been seeing before since we started having a retrace from the previous all-time high, and that makes the market look good right now. If things can turn out well, we should start seeing some happiness and optimism in the market very soon, but until then, let's see how things turn out.

I still do not know if most of you have refused to see what is going on in the market. If bitcoin is going down hugely, altcoins are going down, if bitcoin goes up and start a bull rally, everyone dumps altcoins for bitcoin, and then altcoin goes down still. The only time altcoins usually have time to breathe is when bitcoin is resting and consolidating.

I really do not need to say more than that to anyone, and whoever does not know that yet by now, I wonder what else they really want to know. So far, bitcoin is being used on a larger scale than any altcoin, with higher security and level of safety, transactions getting better with the segwit updated protocol and even better with LN deployment.

Yes. A lot of dedication and discipline comes with trading and it helps you to even learn a lot of lessons about life and how to invest in general once you are a good trader. You do not take unnecessary risk, you take calculated ones, and even if you are making a decision, never assume you are 100% right so you can leave small room for error and know when to call it quit, and most importantly, get rid of emotions, and with all these, you are definitely your own boss and there is nothing difficult.

I love where you said it should be considered collateral damage as long as you make more profits than losses. Nevertheless, what I will point out is that we have a lot of noobs in the market and most of them trade without any strategy.

How will you expect someone who does not have any trading knowledge and is busy buying low and selling high to know where to place a stop loss or when to know when a market is going bearish ?

Any smart trader should know already that you plan an exit immediately from the point you are planning an entry and that includes stop loss. As long as you know what you are doing, even if you play with any trend in the market, you can always readjust your strategy to make some profit from it, but always know what you are doing.

Acceptable in the sense that the government all over the world started clamping down on bitcoin holders and exchanges, we do not know how we want to use it or we are just totally in a phase of holding dead coins ?

These are some things that we should not even expect by now looking at how things are turning out gradually and we are seeing more progress to make bitcoin turn up than it turning down. Seeing $1000 right now as bitcoin's value would really make me the happiest as I want to buy more, and that is a rare chance anyone can ever get, but in reality, it is a dream I just have to snap out from.

Agreed. At least with the game, you still have a better chance and unless it is an insider work from the game itself, which is when one should be worried but it is rare compared to the level of cheating done by casinos and most especially online gambling.

All the same, most of us already know some of this, but we really still do not care anyway as we keep gambling. I have had someone who works in a casino disclose this before even though he made a solemn promise not to ever do such. I told him I would not trust him again since he betrayed his own place of work.

You even tried trying to record your winnings, I never really bothered about it, as I know right from the onset anyway, that the chances of losing are more than winning and I only gamble with what I can afford to lose.

The truth is that we are all just trying our luck and hoping that one day, we can win big, and also having it at the back of our mind that the chances are so slim, so with that, we get our minds fixed on just playing the game, but if I had been taking record, I am sure I would have stopped playing a long time ago if you know what I mean.

That kind of mindset is not easy to have but it is the best to have. Some will say it is easier said than done, but normally, the earlier one realizes that one can lose everything, the better and that even helps a lot to control greed and be able to challenge those impulses whenever they want to arise.

Once I am out of my gambling funds, I really do not see any reason to go further and just like you, why go with extra cash, when you know there could be some possibility of you wanting to just try your luck as a normal human.

Security is a parameter that anyone will definitely choose first and this is a necessity for me. Customer support on the other hand is a must for any exchange and any exchange that ends up having a bad customer support pisses me off instantly. If an exchange can have this two, I am sure they should be considered reputable, the rest on the list are just minor things I can easily overlook, as long as I can easily make my trade.

Options 2 to 5 for me has always been the main parameters are look at anyway but most of all, it is that security. We sure cannot guarantee full security with any exchange, as anything can happen, even trusted exchanges in the past has been dealt with by hackers, but at least a little bit of hope is good enough. If I cannot sleep all night and thinking about my funds not being secured, why would I ever put funds in such exchange and that is a way of sending a message to Yobit and HitBtc users.