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I agree with you completely but I would like to note that it's human nature to bemoan over a failed business or loss.
But we should master the act of not staying too long regretting and bemoaning our failures because what is ahead is better.
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Although investment in ico projects these days is very risky but it's not an excuse not to invest when you see a good one because life itself is a risk.
Just like the poster made in the submission, all you need to do is to carry out research and due diligence before investing on any project so you don't loose your money unnecessary.
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I agree that the high volatile nature of cryptocurrency is the major stumbling block to it's wider spread adoption in recent times.
Unfortunately, there seems to be little that can actually be done to get it on the stable side
My assumption is based on the fact that, Cryptocurrency as a decentralized virtual currency has high volatility as it's core feature.
So trying changing it would mean to change the structure to centralized which would defeat the purpose of it's creation.
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Binance is the best of them all.
Trading ,transacting on the binance exchange is actually beautiful.
It brings exciting experience to users.
The speed of the binance exchange platform is out of this world.
The interface is so sleek that even my grandma who is an illiterate can navigate through the platform without guidance.
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I was a victim of chasing a coin that was already pumping.
I was new in crypto then and lack basic understand and knowledge about the workings of the cryptocurrency Market.
That single experience left a bitter taste I my mouth till now.
The submission is informative and I have learnt and also added to my knowledge.
Thanks .
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The benefits of the stop loss feature implemented in exchanges cannot be over emphasized.
It actually makes trading easier and exciting ulie when the feature was not in place.
As a trader, you are able to use the stop loss feature , set your order and go to sleep without the need to be monitoring your trade every other minute.
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As much I would want to believe that luck play important role in trading ,I also want to state that one should try to acquire basic skills and knowledge about trading .
It helps a lot.
In your case, it come across like you are plain ignorant about the workings of the market.
Secondly, I do not believe that the exchange put up a sell order on your behalf, you may have mistakenly set the sell order at 49sats.
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I do not think that anyone would be able to predict correctly when that could happen .
The volatile nature of cryptocurrency seem to make correct predictions possible.
But I am confident that the prevailing market condition will come to end end soon giving way to bullish trend.
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Ever since I lost a huge amount of my trading capital to hype and all that, I have learned not to be following people to fomo . Nowadays, before I jump into any investment, I first of all carry out all necessary research ,ask hard questions etc , this is to ensure that I don't get rekt following hype of a coin .it's been helpful.
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I have never been. Opportuned to buy goods and services for bitcoin .
I wish the opportunity presents itself in my country and if it happens, I would love to buy many things for bitcoin as I already have some bitcoin's.
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While I agree with your submission, I want to note that the aim of going into any investment is to make profit. Investors are into the Cryptocurrency business simply for profit making and that could be the reason why they sell their holdings at any favorable opportunity.
Again, the Cryptocurrency market is one that is hinged on speculation, the market price is highly determined by speculation more than the demand and supply factor.
So speculation in the Cryptocurrency space is something we cannot do without and without it, investors may not make profits from their investments.
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Just as you said in your submission that bitcoin is a decentralized virtual currency .
The decentralized structure of the bitcoin to my understanding is w-at makes it bitcoin, remove the decentralized structure and bitcoin will be like any other fiat currency.
Regulatory authority over bitcoin is good , but that would mean that the structure will have to be changed to centralized before that can happen.
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