yes, that is a very large number. personally, I would not invest that much money that I have into crypto. I would obviously develop an offline business and buy some investment assets for that kind of money.
However, if I were really pushed to invest $1 million in crypto, I would choose the top 3 coins in crypto, namely Bitcoin, Ethereum, and BNB. With a split of $500k for bitcoin, and $250k for Ethereum and BNB. Maybe BNB has a fair amount of FUD, but I'm pretty sure sooner or later it will be resolved.

Well, but sometimes many people want instant results. They are lazy to do a deep analysis or deepen their trading knowledge, and depend on signals. In fact, many people use this. They sell the signals they get for people who don't want to do research and want instant results. This also causes people to see trading easier. Because only with signals, they can get big profits.
Well, although some people successfully guess the movement of prices through signals, the risks they do are very large. It would be better if the knowledge of trading was increased rather than depending on the signal.

yes, it is. even very many people in my country believe that this coin will have a high price, because of that they are sometimes willing to exchange some Pi with the assets they have. Even so, very many people explain that the potential of this coin is not as big as they think. many people don't believe in it and create their own community. so many people who don't understand crypto support this project. I hope they don't get big losses if this project is suddenly categorized as a scam project.

They should, they really need to really study and analyze everything before investing and entering the world of trading. we know that the alert level of ordinary people sometimes decreases when they see the results obtained by other people. they sometimes rush to get the same result. in the end they choose trading investments at random and then find a big risk in it.
Even professional traders need to do research and analysis before making decisions because of the risks involved in trading. however, sometimes very many people lower their alert level in the rush to get results.

it's not always the knowledge that goes to waste without money, but in the case the OP says it might be.
However, when you see an opportunity to invest in bitcoin at the right time, do analysis and various ways to make your speculation right, then it will be useless without money. in this case it's the same as investing elsewhere, not just in bitcoin. The solution in this case is to sell assets to have money, or borrow. After all, no matter how precise your analysis is, if you don't have the money to take action, then the opportunity could be taken by someone else.

too much FUD on BNB, but I think Binance will address that. I also see that BNB is an altcoin that has the same potential as ethereum. I'm pretty sure that right now there are still a lot of people holding BNB and expecting a high price. I believe that the future price of BNB could reach $1k, although looking at it at the moment, that price is still a long way off.
Personally, I also aim to save BNB for the long term. I don't see that BNB will lose in price with such a big drop. In fact, I feel that when BNB falls, so do some of the altcoins, because Binance is currently the most popular exchange out there. if Binance can't sustain BNB, then I think its popularity will be damaged, and crash, and cause the collapse of the altcoins that the company depends on.

too many types of altcoins exist today, some are popular and some are not. saying that all altcoins will end up being a scam, and dead coins is probably the wrong opinion. some of the altcoins that still exist from the past until now are ethereum, bnb, and even doge. These altcoins have prices from as low to high as they are today because of the developments their team is making.
However, I agree that very many altcoins end up in scams or dead coins. Personally, I've held a not-so-popular altcoin for a long time and ended up at a very low price. even though the initial launch of the coin had a very high price. because of that, until recently, I also no longer held unpopular altcoins in the long term, and only used them in the short term.

even though binance does quite a lot of LUNC burning, it seems the volume makes it all look very small. after all, burning 2.65 billion LUNC doesn't do much for the price of this coin. well, as far as I know, the burning of coin supply has the goal of increasing the price and attracting investors to invest immediately because the volume of coins is getting smaller. however, it seems it fails on LUNC. however, it is not surprising considering that LUNC has failed to maintain the trust of its users.

well, we know that another thing that influences trading is our understanding and knowledge about trading. however, this routine is also very important to improve mood, focus, peace of mind, and more. therefore, for most people, the morning routine is very important. we know that there are some people who work without thinking about it, and live unhealthy lives. sometimes, they are quite difficult to work with, and hard to keep their focus on. well, I'm talking in general, maybe there are quite a lot of people who don't pay attention to their morning routine but can still focus on work.

well, if there is a possibility to choose popular altcoins, then it is better to choose popular altcoins, because we know that NFT and meme coins are very risky. however, between the two, I might be more inclined to choose meme coins like doge coin. even though the risk is indeed very large, we don't know about the price which is very volatile. the potential for an increase is still quite large in the future following the price of bitcoin, but a decrease in its price can also occur quickly.

even though the Bitcoin price will reach $100k later, and it looks very high at the moment, it is still too big for Bitcoin to have a buyer. we really can't conclude at this time, because we don't know how things were at that time. however, thinking that the bitcoin price could reach $100k, means that at that time, bitcoin was really popular, and the potential is still very big, so I feel that there is still a lot of interest for bitcoin at that time.
After all, this isn't the first time something like this has happened either, when bitcoin prices were still in the hundreds of dollars, there was a lot of FUD or even disbelief for bitcoin to reach prices above $10k. however, when the bitcoin price reaches that price, the potential for bitcoin still has a bigger push to the price above it. we don't know what kind of potential Bitcoin brings when the price has reached $100k.

IMO, ERC20 has more quality coins, community and users than BEP20. However, due to its very high fee, BEP20 has other advantages that make it almost the same or the same as the current ERC20. If the ERC20 fees were lower, I'm pretty sure people would choose to go with ERC20 and BEP20 wouldn't have the chance it has now to be in the same position, it's just, that's not the reality.
In addition, to determine whether it is good or not, we need to refer to the tokens that we use or invest. currently quite a lot of tokens use these 2 chains as their basis.

well, apart from that in trading, the number of coins we hold will always be the same, it's just that the price will be different. in a casino, you will lose all the money you have when you lose, whereas in trading, the amount of assets you have remains the same, with changing values. Well, the big point is, in trading, you buy something in the hope that the price of the thing you buy will have a high price. We hope not without foundation, but look at the conditions, benefits, and many things from the products we buy. Meanwhile, in gambling, you are actually risking the money you have on an option, where if you choose the wrong one, you will lose all the money you have in an instant.

when he has disappointed many people, then the next project may not be as big as the first. after all I think he has lost a lot of people's trust. if someone invests, then I don't think that person will be serious about holding large amounts of their assets, and for a long period of time. However, when you have failed to keep the faith, I don't think there will be a second chance. What's more, what you're disillusioned with is the international community.

well, we know that the risk of using coins that use the ERC20 chain has a very large fee. one way to reduce expensive fees is to wait for the gas to come down. however, there is no other way to make the fee cheaper, which is why there are very few transactions for coins using the ERC20 chain on dex or dapps. in fact, very many complain about this. however, if you use a coin that uses the chain, then you need to take into account the fees that you will pay. I even have leftover ethereum in several markets and I can't use it at all because the fees are quite expensive.

Yes, but in the end, we still have to have knowledge about signals and also supporting knowledge to study price movements from signals. That's why I feel that knowledge about trading is very important. so that we can choose and develop the strategies we need when trading. for example, like you said. even when we depend on the signal, it requires knowledge to know whether the chart will go up or down. of course, it also requires data to support the analysis of chart movements so that we are confident enough in the decisions we have. Without knowledge, we may appear to be gambling in setting prices based on signals.

Well, as long as the bank is a national bank, I think they will compensate you for the losses you have when you deposit money there, because it is a bank managed by the government, and also has clear regulations.

If we compare security between banks and wallets, then banks have better security, and it's clear how you can find reports and those who are responsible for the assets you have. I once had a friend who lost his money in a bank, when they reported it, within 1 week, the money was back intact. However, if we talk about the advantages of investing, then crypto is far superior. however, I still feel that crypto is not a place to store the money we have. I still feel and use crypto as an investment and payment alternative on the internet. however, when it comes to saving money, I lean more towards banks or gold.

if banks do offer bitcoin investing, maybe that's good enough for people who want to invest in bitcoin but don't know how to use an exchange, or don't really trust exchanges. we know that the legality of banks that are supported by the state and also how they have full responsibility for the assets that we store there, so people might increase their level of trust in bitcoin.
Unfortunately, I think it will be difficult for banks to accept a decentralized system, especially that it has a centralized system. they probably wouldn't take the risk of the volatile rate of bitcoin rising and falling rapidly. I think that eventually quite a lot of people who are not very familiar with this investment see their money dwindling fast, or add up fast. however, if banks do get into the game, it might be a pretty good development going forward.

personally, I tend to have more than one strategy. that's because we don't know whether the 1 strategy we have will continue to succeed. this makes us need a backup strategy when the strategy we often use doesn't generate much profit anymore. I think, this is also done by many people, even outside of trading, they still have a backup strategy to avoid unwanted risks in the future.

However, if we care about them, and if it is the people who are close to us, then we need to explain to them the difference between gambling and crypto. if it wasn't like that, then they might easily spread the word in society that it was gambling, and it might look bad for us if we cared about our surroundings.
I have experienced incidents that people who are near me think that crypto is forex. then I explain that it's not just forex but alternative currencies, investments, and others, and explain it deeper so they understand.