I have a lot of shitcoins, I literally mean it that I hold altcoins that have no future. I do not know how to dispose it but and it is the reason why those shitcoins are still in my wallet. Actually, my hope are already gone long time ago because I'm really sure that those shitcoins will do not have value anymore in these following years, I already accepted that I made a wrong decision which is to hold altcoins for a long period of time. I think it should be serves learning for everyone not only for me that there is no guarantee of making profit by just holding an altcoin. Buying some potential altcoins are good but for me we should just short term trade it because there is a huge downside if we continue to hold it then suddenly a dump appeared. 

Decision making in terms of choosing a wise project is really important because sometimes investors are most likely to choose scam projects rather than good project. Most of the new projects have only small probability of success rate and it is the downside if you are investor who want sale and keep patronizing in its offering. I do not usually prefer to buy and make investment in new projects because like what I said the win rate is only low and I will only have conviction to make investment in that project if it be listed in popular exchange. A project will only become successful if it will be listed wherein many investors and traders should patronize it.

The progress is actually unreal, bitcoin is started in bottom but look now how far its achievement. A page 9 whitepaper that have a billion-dollar system inside, we are still in the beginning of the cashless society. The goal of Satoshi became true and it is really incredible because as time passing by, the number of people who are patronizing bitcoin is keep increasing. There is no doubt that the bitcoin have a bright future wherein it can really become the future currency in every economy. But it will take time where it will not happen easily, there are hurdles and obstacles that the bitcoin should face first before the public will fully patronize it.

So he was a hater before but now it seems that he recognized that bitcoin has potential and it can be a store of value. According to his statement it is like he acknowledge the bitcoin but he used the word  "maybe" so he is still not sure about in his statement. I think he said that word "maybe" in order to not eat his own words that he rant in the previous years. The only good thing is another wealthy person acknowledge the bitcoin unlike other billionaire like Warren Buffet who said that he will not be interested in Bitcoin in any circumstances. 

It is normal in the market if there is sudden price correction happen, do not be afraid just because the price retrace because it only means that the market is in bullish movement. I tell a lot of people that they must be afraid if there is no correction that happen because for me it is where the whales can manipulate the market where they can dump the price of the bitcoin. The price is now in Multi year high so it means that the trend is very strong. If you will also use higher time frame which is weekly and monthly, you can also observe that the price of the bitcoin is now doing good. The correction and the pause of the momentum are normal, do not sell your bitcoin just because a retracement happened.

Trading will only become risky if you do not have foundation and basic knowledge about it, ask your self first if how you can double your investment if you do not have background and prior knowledge about it. The risk can be lessen through following the right process which is studying first before putting investment in trading. The key to become successful in trading is mastery, a trader should be a master of a certain strategy first in order for him/her to be profitable. Risk management is also a factor and a good trader can prevent experiencing huge losses by mastering the art of allocation in trading. The market is really volatile and we should have plan and we should expect the worst scenario that may happen. With a right plan, we can now when we will enter or when we will exit in a certain trade.

Why did he suggest to make an investment with tether 😂, it is like you  just save money in the banks with less than 0.125% annual interest rate. I only use stable coins for trading pair and not for long term investment because you will just waste a lot of time if you do it. The blog have more opinions than facts, I do not agree especially in the statement about what the author said which is "always aim for the long term investment". That phrase is so risky to follow especially if you are make investment with altcoins with low market capitalization. Long term investment is not preferable because most of the investors are only riding the hype then switching to other altcoins. They do not stay for a long time in those shitcoins so expect that the shitcoins are losing its value as time passing by.

Experiences are important here in the cryptocurrency market, a newbie should focus on gaining experience first than focusing on earning money quickly. Of course newbies will easily deceive if they saw an investments that offering high returns and sometimes it leads them be scammed. The learning part should be the first thing that newbies should focus and they should not skip it because it will be serves as foundation in order for them to have good strategy and a skill that can help them to make money in the market.

Self researching is also a skill that newbies should focus, many newbies are believing in just a single source and of course there is a high probability that it is a fake news because misinformation is one of the biggest problem here in the market. Through researching, we can analyze if the project is good or it is a fake project that are deceiving people.

It also happened into my country wherein there are casinos who have bad management when it comes to their employees where they do not treat is a human, If I'm not mistaken that issue became big and a lot of protest happened outside those casinos because of their poor etiquette to their employees. The good thing is there are now news about a certain casino that are doing malpractices to their employees. The casinos in my country are now opening again after many months of close because of pandemic, the jobs are now increasing and the poverty rate is now decreasing and I'm grateful because the covid cases in my country is continuing to decrease.

New investors in the market really thinks that cheap coins are better than expensive coins. I also part of those people when I new in the market but my idea and perception changed when I invested in my education. The thing is: the price of the cryptocurrencies really does not matter. The misconception is people think that cheap are better to buy because the potential reward is much higher than buying expensive coin. It is all about percentage, if you invested in LTC and the LTC goes up with 50%; your portfolio will increase 50%. It is also like in cheap coins where in if the XRP coins goes 50%, then your portfolio will be up 50% also. Just choose a token that you understand. For me LTC is looking good than XRP because XRP is still in sideways move. I still waiting if the XRP can beat the recent resistance at $0.2650.

Defi Hyip is not for long term investment, you will just the ride the hype and exit quickly. It is all about timing for me, when the Defi got listed in an exchange; you can see crazy volatility and you can participate in that volatility but make sure to quickly exit. Look at the defi that been listed in many exchanges in these past weeks, all of them are keep dumping because people are just joining and participating in hype so for me defi hyip is not for long term and for sure that trend will be finish and it will replace another type of investment. Right now it is the free money in the internet where you can get huge gains in just minutes or hours but there is also a risks where you can lose a lot especially if your timing is bad where you bought at peak of the price.

For sure every gambler like me who also experience that whenever we experiencing consecutive losses, our inner self telling us to bet more in order to regain the losses that we incurred. The more losses that we have, the high possibilities that we are eager to gamble more. For me that feeling is what we should avoid because if we experience 5 or more consecutive losses; then it only means that there is something wrong with our strategy. For me rest is a must especially when I have red days or consecutive losses in betting. I can recover my losses if I'm in the mood, gamblers are usually do not consider their current emotion without knowing that their emotion can lead to feelings and it can lead to action.

Actually, it took me months before I decided to try spot trading. At first I really have hard time understanding the leverage system and it is actually funny because I watched a lot of videos in youtube just for me to understand it and I also spend a lot of time in reading different articles about it. But luckily I managed to understand it and I keep using it now, I do not suggest the margin trading especially for newbies because for sure they will easily burn their portfolios. The potential rewards are high but also the risks are high so the capital should be low or a money that you can afford to lose. I use VAR whenever I will enter in margin trading because value at risk can help me to identify on how much bitcoin that I will allocate in that certain trade.

There something fishy here, I do not judged the BetKing.io but their reputation is so bad because of their previous services. Ask your self and your employees first if you can regain the reputation that you lost or not? If yes then you should not be afraid to be criticize by others as long as you will give good service for us gamblers. If not then it is just a waste of time to relaunch the casino that you been coded. And also when you will refund those people who make investment before in you? If you started to refund that then I think it will be a trigger for some people to change their perception about your site again. Let's see if the site will gain customers again or it will have poor review again not only in forum but in all over the internet.

I also use it for trading only, I do not spend it like for example in shopping or buying any goods or services like what I did before. I like the idea of being decentralized especially before where I keep using it but my mindset change and that's where I learn trading. In terms of trading, I use bitcoin as capital in order for me to make profit but I do not suggest other to enter in trading of cryptocurrencies just because a lot of people like me are making money here. I only put the bitcoins that I can afford to lose which means that if I lose it, I'll be fine and there will be no psychological effect to it. There is no sure profit in trading and as a trader I understand the risks and it is really a game of probabilities. There are some who are using it for convenience who really see bitcoin as currency and not an investment.

Right now there are a lot of people who prefer cashless payment than the traditional payment system, adding bitcoin as payment is good in online store but for sure there will only be few of your customers that will use that kind of payment system. The popular cashless payment nowadays especially in my country is through the use of Paypal, Paymaya and Gcash. Those 3 are so popular and only few merchants here in my country that are ready and able to add bitcoin as one of their payment system. I recommend other businesses to also accept bitcoin as long as you understand how it works and able to handle it even its price are always unstable. But If I'm the customer, I do not think that I will spend it because I prefer to save it than to spend it. If I will buy or spend then I think it is better if I will pay using cash even if it is hassle.

It is too complicated to explain bitcoin to elder people because they cannot process the information very well, I have experienced that where I explain it to my mom and she didn't understand it at first and she thought that it is scam. My mom is part of the boomers generation and she really have a hard times when I explaining it to her. But the good thing is she already understand my detailed explanation where she have now foundation and she now knows the benefits and the uses of the bitcoin. I think the style of teaching should be depends on who will you teach. When it comes to really old generation or I can say grandmother or grandfather, I do not know any way in order for them to learn what it is and to understand how it can be use in current generation.

I think the term "best" is subjective because we traders have different characteristics and skills and we cannot say that spot is better than margin or vice versa. I'm a spot and a margin trader when it comes to high reward, margin is good because I can borrowed funds there or what they called leverage but the thing is I do not use leverage more than 50x because for me it is risky and I can lose my capital easily with one wrong move. In spot trading it is good because I have more good risk management there, the only downside is we should not expect to huge gain in small period of time unlike in margin where in you can gain more than 100% in just minutes but still the risks are so high so you can also lose huge without proper knowledge in trading.

Actually, it is not dumping, it is called retracing. I do not use fundamental so I do not rely on news whenever I analyzing the price of the bitcoin. When it comes to technicals, the price of the bitcoin should do a consolidation for at least days or weeks because it will be a sign of weakness if the bitcoin will not create a new support. Actually, what happened to the price of the bitcoin is good because it created a new support around $14,400, you can notice that there is huge wick appear which means that there is a rejection wherein there are a lot of buyers in that area. My bias is to see that the price will consolidate about 5- 10 days then it is the time that there will be another breakout. People think that the bitcoin should do a straight line in the chart but in reality, there is no such cryptocurrency or other financial instrument that are always going straight upward.

In my own observation, the volatility happens when the stock market is closed because for me it is the time where other traders are switching into cryptocurrency market. I'm both stock trader and cryptocurrency trader, I trade the stocks because of the market hours which gives me more time in cryptocurrency trading. The cryptocurrency market is open 24 /7 but in our local market is only open 4 hrs every weekdays. In my country the pre open is at 9:00 am - 9:30 am and the market hours or the trading session is 9:30 -12:45 then 12:45 - 12:50 is pre close then 12:50 -1:00 is the trading at last. When I trade cryptocurrencies, I make sure that I'm monitoring the market because of the volatility, if I'm away with my desktop or monitor; it is the time where I will set automatic cut loss.