The guy never mentioned DCA and I do not think he is referring to that at all in all of his explanations to have warranted. This is just a random investment explanation that has nothing to do with trading as well because traders can buy and sell the market at any time and make their money. This is unlike investors that will be very careful to avoid striking the market at a low price which could become an issue later in the future. Now, about the buying of Bitcoin at any how price, it could cost the investor if care is not taken. The best is to strike the market when it is low and dump it if possible when it is too high. But first, you should know the reason why you are making such decisions and not just deciding anyhow.

For me, my chart is always my guide to know when to buy and sell, but certainly, those who are buying Bitcoin at the ATH may not necessarily be called foolish but are not smart in the investment. They are ill-informed, and that reminds me, in the last bull run, many people who bought Bitcoin close to $69,000 and lost so much started tagging cryptocurrency as bad, just because they were poorly advised by bad investors who were just lucky to gain from Bitcoin but did not know how the market works. We should be smart investors, and at the current price of Bitcoin, if I were anyone, I would never buy it to HODL but trade it which has nothing to do with whether or not is high or low.

Any trader can still gain in such a situation because the market is highly unpredictable, it could move more. But for the investment part, the reward can't really justify the risk anymore when buying at the ATH.

Maybe you are new to the world of cryptocurrency, I do not know, but swapping your SHIB for LTC is not a smart idea in my opinion. At most, you should have just bought a small amount of LTC. I must say that I was so particular about the LTC years back but when I carefully studied it, I realised that it is good for sending and receiving money and not for investment. Not that the investment will not be yielding with it but it can't yield as some more volatile coins/tokens would. If you compare how SHIB and LTC behaved since mid-last year till now, you should be able to know enough about what is happening and what will happen in the future.

And during the altcoins season judging by the past, the coins and tokens like memes are powerfully moving up. This is what I believe should be your primary target, and not just for doubtful investment and ETF reasons. The ETF we are even talking about can't be as impactful for any coins again as it did for Bitcoin last year. The reason why it behaved like that was that the ETF was introduced newly to the cryptocurrency world which makes it such impactful. But as it is, the ETF has not yielded any good results for Bitcoin ever since then in terms of the huge money brought in practically, only that the headlines, rumours and FOMO mainly caused the impact then.

Yes, of course, it concerns me, and if not for my money, but for the money of those who would be their next victim. You can imagine those ones who have had issues of insolvency in the past, what happened to them? Till today, it is promises upon promises, but still, they've not redeemed it and people's money has been trapped ever since then. This is bad, I do not wish it for anyone. But the issue of Kucoin and any others that the US government charges or found guilty of misappropriation and money laundry is not a huge one because the worst is for the brains behind it to be jailed and the company fined just like what happened with Binance and CZ.

Even if they were charged much, the US government is responsible enough to ensure the safety of the company and their customers, so they will not enforce the compliance of the charges in a manner that will cause liquidation. The company will be okay, it is not the first time that companies would be charged with money laundry and I do not think there are so many global companies dealing with money can be exonerated from that.

I believe the OP did not know the mechanism of operation of Bitcoin, that is the only reason why he can be asking that question. If the structure and the operating system are left as it is now and based on the initial plans, then nothing can be done as the OP wanted and your advice will be so correct in that regard. Well, all hope is not lost yet, we can only say that we can talk with the present mode of operation, but later in the future if Satoshi shows up again, maybe there can be some upgrades, addition and subtraction and unbelievable things that people did not believe is possible and also which people are clamouring now but for unheard.

Bitcoin is a project like never before and Satoshi had his plan though the plans are now known to be very faulty, and that is why projects like Ethereum are getting more relevance if not for the pioneer status of Bitcoin that is helping it. For now, we should enjoy it while it lasts and the Bitcoin you lost is lost forever since it is a decentralised system. No way such can be recovered, not even with Satoshi's intervention in this current Bitcoin system since it is an open-source, nothing is hidden.

I agree with some of what you said here but you might have made mistakes in some of them. First, you are so right to say of Gold as a physical commodity, no one can take that for granted as a benefit of it than Bitcoin, which is also the main reason why some people do not value Bitcoin to date. Meanwhile, Gold is still functioning as a digital asset in addition, only that it is not being used as much as Bitcoin is used for payments and settlements. Of course, both are valuable since people's money is making those assets to be so. You can imagine Bitcoin is moving closely to $1.3T gradually, while Gold is moving closely to 15.5T, which makes them indeed valuable.

About the scarcity which will bring about the demand and supply you mentioned, I do not think it will affect Gold in any way, though it was planned to help Bitcoin. But for Gold, the demand for it has always been high and that can only explain the high market capitalization it has now. As for the volatility, have you studied Gold? What you just mentioned was what my brother argued with me a while ago too until I explained to him. Gold is a compressed commodity which causes confusion, but when you are trading it, it is more volatile than Bitcoin.

My friend, if it is about gambling adverts, most of them target all nowadays, they do not care, though they will not say that in the open. However,  they mayn't still allow you to open an account when you claim you are under 18. With the way they propagate gambling adverts everywhere now, it is unlike before. Both online and offline are now filled with this, even the TV programs that were refined before in my country are now displaying the casino and sportsbook adverts in any TV programs you can think of except for the religious programs, that's its extent now. If you are also driving, you will see the adverts on the billboards and across the flyover posts all over the place, so it is no more about the age again since it seems the government is not concerned, but for the money they get from the betting.

Well, it is time that we parents do not take it lightly but educate our children very well so that they will not start what they shouldn't start at an early age if the government fails us. We should not fail ourselves and our children. Aside from this, the adverts are everywhere online and there is no way the older and younger generations will not be seeing them, but I do not think it is the fault of the casinos in this regard. Imagine the case that casinos paid Google, Facebook, Instagram, Twitter, TickTok and the likes and the mentioned platforms did not refine it but sent it randomly to all their users. It can't be long for the underage to access this, that's how it is these days.

Lastly, technology is really helping the crypto casinos and there is no way they will not be getting more relevance and customers than the offline casinos since technology makes more audience know about what they are selling.

I like the angle you brought this from, it is the same as what the OP of this thread advised, only that yours could be better since the person is probably keeping the money with the trusted fellow and not the company that may even disappear with the money. Regardless, this will solve nothing as the person will not heal but only punish/discipline himself, and this could only be for a while, which makes it ill-advised. Fine, it can work for a while where the person would think that he is now disciplined, but when the money is given back to him, he can continue gambling with it. Not to mention that even after keeping the money with the person or subscribing to the advice of the OP, he may still continue gambling with the additional money seen after the.

This means that the gambler has not healed at all. It is the healing that matters whether you get the money hooked somewhere or not. What we need is to be disciplined and responsible towards gambling, we can do this by cleaning our minds and building strong minds that will have a strong Will to do only what we want and shun what we do not want in gambling. It takes serious psychological fighting for this to be possible and not merely to keep our money anywhere. What if the person we trusted to keep the money is not available anymore or the program suggested by the OP stops? What next? That is why we should get healed from the source of the problem rather than trapping our money somewhere.

Sincerely, in a sane world, any serious company will treat their customers and partners fairly, but if anyone you are dealing with is doing otherwise, then it is better you leave them immediately. There are rules in this world as we are not in a banana republic, only that many companies are overbearing and do as they like thereby cheating their customers unchallenged. Really, many companies are treating their customers unfairly, and this often goes unpunished because of the lack of due regulation and reports by the customers to the appropriate bodies for questioning and sanctions. No matter how many times they change their terms and conditions, they should be updating all the parties involved. Failure to do that is their fault.

This is money we are taking about, they have to respect their customers and not treat them as a nobody for their money, that is bad. If any customer could be so angry and could take them to the court of competent jurisdiction, it would be another story entirely, especially when the customer has the needed evidence from the beginning till the time of the discrepancy. I've had dealings with enough companies that are truly regulated and I know how they behave. They do it so formally to the point that you can't even have anything against them when it comes to the updates on the terms and conditions which they would have duly notified you of and made sure you acknowledged it before you can continue to work with them. That's how it is supposed to be.

I must say that I am happy to read from you about the fairness between the government's actions and the clamouring for the privacy of people. Most people thought this was wrong before and it was as if I was the only one who supported more regulation for a sane society. Privacy/anonymity as we see it will harbour more evil than good, fine, we want to be on our own and do everything as we like without anyone knowing and questioning, but have we thought about giving those rights to the bad and wicked fellas in that sense? That will make the world to be in grave danger.

The heart of a lot of people are wickedly wicked, so letting their wishes happen in terms of privacy and anonymity will make their bad intention escape undetected and unchallenged and cause irreparable danger in some cases. The government can't fold their arm to allow that to happen and I believe that the responsible world citizen should support the government in this area for the good of all. It's good that we already have cryptocurrency and it has come with its benefits as well which the government cannot take from us anymore. But letting the users of cryptocurrency be accountable is not too much to ask for in my opinion, and whether we like it or not, there would have to be enough stricter regulation in the coming years.

As for the m!xers, I still wish the government could be thorough about this to abolish it entirely. It is a menace in our society and you can see the evil they've used some to perpetrate. This is currently happening even as the government are doing their best to limit the illicit flows and the negative effect on the society.

What you've just said in this simple way is a pure fact and one of the ways people should know that gambling and trading are not just the same thing. When you are a trader, you are in for the serious business unless you are not serious yourself. I've known how to trade for a while and survived many years through trading. This can't be easy with gambling no matter what, and I know that people cannot say that they are trading for the fun, that's heretic, but such is being done in gambling to further prove the difference in them. When you are trading too, you should know that you are actually buying and selling depending on what you are trading, it could be currencies, energies, commodities etc. When you buy them, you own them until you sell them, but when you gamble, you own nothing but just commit your money to the risk and be at the mercy of luck at that time, which makes them different in almost all ramifications but for the "risk" involvement in the two of them which is making people think that they are the same thing, but are certain not. As an experienced trader and a gambler, naturally, I say know the feelings of the two, I can't even think of them the same. I know the models in them and how their activity, management and future hopes and pride feel about them. They are not just the same thing.

I don't think it much when I read from a customer that the casino or any company are not verifying their documents, claiming they are rejecting it after many submissions in some cases. This is because the customers might lie and not tell the actual truth of what transpired between them and the company. Many will have bad documents submitted and would be pressurizing the company to verify them for them, while some will poorly scan/snap the documents or even provide illegitimate documents and expect the company to verify them. It is not until one hears both sides that the truth can be known.

This makes me think towards my angle, I've been dealing with more than 50 companies for decades and these are companies that require KYC and document submission, but none has ever denied my KYC approval and neither has any of them blocked my account or swindled me with the money deposited. This can only be for the reason that I do the right thing with them. That is why I think at times that there could be some things many people are doing wrongly with the companies that cause the issue. But since people can't verify both sides, they often talk ill of the company even in reviews.

Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=3491360
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Anyone saying the technical analysis is not reliable is not an informed trader because it is so reliable to me. Of course, I can't expect 100% success from it, and those traders who could possess a technical strategy with at least 75% winning should have the reliability with management, needless to say, some traders are still getting 95% or more from their technical analysis. So it is all about you, what you know and how you use what you know.

About your points, let's look at them one after the other;

1. You are so wrong about this. For it to use the past details to predict the future outcome doesn't mean it's bad, especially when you use the support and resistance strategies, including price action on the higher charts. That's its principle of operation, and the market is dynamic itself and it always respects the past records you are downgrading. And it respects it mainly because the market itself in the absence of new economic data/events, dances to the tune of the past records since it is not the market that trades itself, it is people who trade it. So, since people read the past record to predict the future and invest/trade due to that, the market often moves in that direction.

2. Yes, this point is valid. We have many traders all over the world and many would read the market differently. Above all, the main trend often prevails, so be a good trend trader. And if at all you would try a retracement/reversal, be a very good support and resistance trader. Also, to avoid any issues during the bad days use the right risk management.

3. I like you to know that all the burdens of trading should not rest on the shoulders of the technical analysis because it is merely a chart reading. How can't it know the economic happenings? But surely, it often adjusts itself on detecting them if you are a good chart reader. I see this often and change my stance if it has affected the initial market pattern. As the market is dynamic, the readers of the trading charts should be dynamic as well.

Solana has proven itself in the past but still getting ready to prove itself even more. Fine, it was appreciated in the last bull run but later dumped so well, but this time, it is rising with higher prospects as it was upgraded to be a more scalable and worthy rival of huge projects like Ethereum, which makes people appreciate it the more in this present dispensation. And if Ethereum can reach over $4,000 in the last bull run, why can't Solana which has the same functionality reach at least $1000 in this bull run?

Personally I expect to see Solana breaching above its ATH soon and moving past the level in multiples because it is a great project. As you can see, many good and appreciated projects are being listed on the Solana network now to show that it is gaining more prominence and this alone is what will continue to cause the pumping in it. Owning to this, I see nothing lower than $600 in it when this current bullish cycle ends in the cryptocurrency space in 2025.

However, the four coins to be watched at high levels are Bitcoin, Ethereum, Solana and BNB, and I believe they will be the top 4 cryptocurrencies by market capitalization at that time.

For me, Bitcoin will still get to that big destination of $100,000 and above, but patience is needed, the loose mouth of people is not helping the weak speculators who often follow them anyhow. The moment they see Bitcoin rising, they start calling big figures where its target will hit pretty fast. I don't do that, I work with the reality of time and what I see on my trading chart and with other economic events. I've always said that though Bitcoin would move higher, but the pace will slow down for now until halving. Besides, in my analysis, one thing sure is that it will be using the level of $67,629 to make some decisions. This level has helped me to earn so well through Bitcoin in recent days and I know that players will try as much as possible to work within the range of $60,000 and $64,000 till Bitcoin is halved again.

It is after this we see some decisions (positive or negative), but if after halving, Bitcoin moves lower and maintains some consistency below the level ($67,629), this could be a temporary means of plummeting lower for the coin. It might happen for a few months before it stabilises and finds its way higher towards the much-anticipated level of $100,000.

However, I wonder about those additional investors who would push it through above that level significantly as people want.

Yes, that's interesting and I do not know anyone who participated in the DCA method in an investment that still regrets it if done correctly. Only that the person may not earn huge money as though he invested once in an asset that appreciated significantly immediately, just as it would avoid huge losses if happened in the opposite. This approach is practical and I love the FOMO remark you added, surely, this will remove the FOMO from the minds of investors and make such investors act rightly after carefully thinking the investment through. This is patience and once there is nothing like FOMO, the stress of divesting so fast in case of depression or FUD would be greatly reduced or eliminated.

And really, in this kind of approach, everybody wins, but we should still neglect the fact that everybody can win if everybody DCA very well. There are right times to DCA even if we can do it in both the bullish and bearish markets, it is best we start at a reasonable price. If the asset is too expensive, we should avoid it no matter what we think of DCA. Many people were misled to continue investing when Bitcoin was over $65,000 in the last bull run, not even the DCA approach can save a person in this kind of situation. Let's use it right!

It is true that trading and gambling are not the same thing but don't you think that the mindset of what you ended this post with is what is causing issues for beginners, and even most traders? Fine, trading can earn us money but if our mind is in the money, there is no way we can make progress in that but to be making mistakes. I think beginners should be more careful about this mindset to avoid issues from the beginning. The main reason why most beginners lose their first and subsequent deposits is because they believe they can gain fast from trading, and the same thing is applicable to many other traders as well.

In my opinion, I think that new traders should perish that mindset and focus on learning and how they can apply what they learned correctly after devising the right trading techniques that can help them succeed in the market. I do not joke with anything psychology about trading because that's what could make traders not to do what they have planned to do. This mindset might be little in thought/view as well but grievous in the negative effects. For this, new traders should just forget the money part initially but focus on training and consistency. They should reduce their risk to the barest minimum and continue to try their luck until they are more professional, daring and contented with the money regularly make.

Yes, I use Trust Wallet, though, it's the last wallet I opened, and since I've not read anything bad about it, why not? It is a cross-platform with an open-source value, so I see no reason why I should not continue to use it. It's also simple to use and secure.

Yes, I've started dealing with cryptocurrency since about 2013, even though I never invested in it, I was just using the wallets for deposits and withdrawals. For this, I've had to deal with more than 10 crypto wallets. The 2013 to now is a long year if I must say. But most were custodial wallets since I never knew the difference then, and thankfully I wasn't scammed till today.

Never! Unless you have a big amount of money you wanna store. Even at that, some people may still open at least 5 wallets or more to store such a big amount by diving them into the wallets to avoid "putting their eggs in a basket." Sincerely, the hardware wallet is overall overrated in my opinion, good non-custodial wallets with an open-source will do just fine.

Be thankful that a Bitcoin ATM is not in your country because it might be a decoration in most countries unless the country is rich. Those who are planning the implementation of ATMs across the world are not thinking about the heavy charges introduced and how they can kill their business in the face of many alternative channels from which Bitcoin can be withdrawn. It could have been exploitative and a no-choice situation if it was only through ATM we could withdraw our Bitcoin. But it is pointless for most people to have another means to do that cheaply but still withdraw through the ATMs that are so costly.

From what I wrote, you can decipher that there are charges, and even though I've not gotten a Bitcoin ATM card before, I know the charges will start from the procurement of the ATM card itself, that can't be free, especially if they ship it to you. It should attract similar charges to the regular international card services' charges. This is aside from the average of 16% charges when you use the ATM, which depends on the company issuing the ATM, your location and the amount needed.

Of course, the maintenance service must be there even if it is not high, and these are the reasons why the Bitcoin ATM initiative is not growing as it should be.

Of course, you can contest it, and I've even seen people contest it by creating a thread in this Meta section of the forum, some will even create it in the Beginners & Help section to make their dissatisfaction known to all. I've also seen at least two members rewriting the same post at where they deem fit to be the relevant section of the forum if the moderator is not cooperating since they are fully sure of what they wrote, especially when everybody reading it knows that it makes sense and was posted at the right section.

Many will even garner more relevance and merits due to that, because at times, it is obvious that the content creator is right but the moderator could be overbearing. Nevertheless, what I can say is that moderators are given power more than regular users, so they can do and undo it. If you protest, some of them might reason with you and do what you want, but I think that some more reputable members and/or their fellow moderators intervene too.

Above all, moderators are also humans, they are bound to make mistakes, and this could be traced to mood and stress at times.