It is a colorful chart to convince people with colors.

The chart is based on past data price and with Bitcoin growth and adoption, lot of other factors change with time. The chart, the model behind it (if there is a model to build the chart) won't be able to take into account changes in future. I meant it is inaccurate but some models and some charts can be useful.

However, you can not rely on anything that is just likely useful and likely accurate, you must have plans to protect your capital and your life if it is not correct and the market does not go well as you think.

The market gives profit to smart and calm people and give loses to stupid and impatient people. It does not satisfy all people who engage in the market.

Not all market participants have profits in bull market and not all of them have loses in bear market. Similar to bounces, dead-cat bounces along the bear market, there are winners and losers too.

We always have buyers and sellers in any market, at any price. That means sellers take profit or cut loss and buyers take risk if they don't know what is their plan and what would likely be the trend of market; or buyer wisely buy and accumulate if they have solid plans and know roughly accurate about trend of market and capital flow in the market.

First advice: Don't do daily trading. You will very likely get loss if you trade daily, trade too often.
First question: How long have you been in cryptocurrency market?
Second question: How long have you been in daily trading with crypto?
Third question: How about your results from daily trading? Loss or profit

There are two types of exchanges: centralized exchanges so called CEX; decentralized exchanges so called DEX.

At DEX, you will have to pay transaction fee for each of your swap. That is expensive if you swap ETH and ERC20 tokens.
At CEX, you will have to pay taker, maker fee for your trading. It is cheaper than swap at DEX.

Some good centralized exchanges:
- Binance
- FTX
- OKX

Don't store all your crypto at one exchange or in only one account.

Only if governments launch some super strict regulations like they will put everyone into jail if you install Bitcoin wallet software or run a Bitcoin node or store and use Bitcoin for any purpose. Honestly I don't imagine such future like this. If it happens, the world is without any sort of freedom.

Governments can not detect and prevent people to download and install any software and their citizens in freedom world will not easily accept it. They will make a lot of massive protest to fight and prevent it to be effectively applied. The crowd, the citizen will succeed with their fights for their freedom.

The all time high of Dogecoin is about $0.64, not far to $1.

Dogecoin currently is traded around $0.06 that is a very good entry. Price chart still has an open gap under $0.06 but it is a good support for Dogecoin. I believe it will bounce back from $0.06 to about $0.1 to $0.12. I don't wish Dogecoin to hit $1 and $0.12 is enough for me in a bear market.

You are right too that Dogecoin only can hit $1 if there are two conditions occur: Bitcoin is in its bull market. Dogecoin gets a massive support and an explosive news like being accepted at Twitter as one of its payment methods.

As institutions have big capital, their main priorities are volume and they will find projects with high trading volume. That will help them to get in and get out without so much delays and issues of price impact by their big capital.

Volume is important to consider a pump is an actual growth or just a pump and dump game. Volume is critical to consider where small investors shake their hands and capitulate. Testing volume is one of last test from institutions and whales to see whether they can start to manipulate the market easily. If they test and find that they are biggest controllers in the market, they will kick off their manipulating game.

With ETH, people should apply a same approach like for Bitcoin. Invest in ETH and invest in long term. With Bitcoin as well as ETH, you don't have to worry about scam, rug pull, loss in long run.

However invest into something is easy but whether you are able to hold it long term, skip all price changes in mean time is very difficult. If you can not hold it long time, you are not real investor. Because you are not actual investor, you will likely exit when the market is boring and makes you disappointed. Loss is what you get for your investment and lack of patience.

I agree that ETH won't be able to climb to $4,000 this year but it will break $4,000 in 2024.

When newspapers and social media have more news, tweets, statuses about records for Bitcoin, we will have more noise globally. At the global extent, we will see more potential Bitcoiners be exposed to Bitcoin news and sooner or later, part of them will actually become Bitcoiners.

It is a magic natural transformation from non-Bitcoiners to real Bitcoiners. After the years (more than 1 decade), and with recent increasing adoption, more applications, more stores, merchants which accept Bitcoin, we will see the progress becomes faster. It was heated up year by year and now it has been blossoming.

Education is important and globally we are witnessing many educational efforts to bring Bitcoin to the crowd. From universities, colleges to communities, officially and unofficially educational initiatives are hosted in different geo locations.

It is hard to say about values of altcoins. Most of them are created in bull run, during a hottest period of a new trend, and you can say a market price at $100 is its value, if a coin listed on big exchanges, and make a top at $100. It is not a real intrinsic value of that coin. It is just because of FOMO and overvalue it from investors or traders or speculators or gamblers.

After such top up, altcoins will fall back and even will be divided 10 times, 20 times or 100 times. At that time, you can start to consider saying about their values.

People call Bitcoin as a digital gold and Litecoin as a digital silver. Litecoin has many years in history and it is used to deploy new technology before a real big upgrade for Bitcoin. An example is Segwit upgrade in 2017 and later is Lightning Network

Litecoin gives us lower transaction fee and fast confirmation time but you did not mention one important characteristic of Litecoin network. Its total hashrate is high enough to make it as a third safest cryptocurrency networks, after Bitcoin network and Ethereum network.

Because Ethereum changed from PoW to PoS, now Litecoin is the second strongest one in total hashrate.
https://www.crypto51.app/
https://howmanyconfs.com/

From chart, I would like to wait for price from $25 to $35 to think of accumulating Litecoin.

The marketcap figure is not correct if we know there are many bitcoins have been lost since 2009 and very most likely those bitcoins won't be recovered.

We can not know the exact number of lost bitcoins so that we can not calculate the absolute marketcap of total bitcoins left in circulating supply. Anyway it is still good to have a rough number for Bitcoin marketcap as it somewhat shows how big or small Bitcoin is in cryptocurrency market as well as in a comparison with other markets.

I don't mind about records, Guinness World Record for Bitcoin or cryptocurrency but in reality it is not harmful but helpful to spread Bitcoin news to more people. And it is a part of Bitcoin adoption journey that is long and has lot of things to achieve.

We can not expect too many developers join ETHW and I know many Proof of Work altcoins even don't have active developments from developers. Especially altcoins from years ago like Cryptonight algorithm coins. Their networks still run by miners but it is super hard to see any updates from their developers about anything new. Many of them even don't have any tweet after many months. They are like walking deads and only wait for each altcoin season to join the wave and rise then dump again.

I totally agree with you that Ethereum Classic ETC is better than ETHW because it has been tested by market and at least we know they actually have some sort of developments after many years. We don't know what will happen with ETHW in development and on market.

You are also right about don't invest if you don't afford to lose it. It is more than right with new coin like ETHW.

If a coin is available at crypto payment gateways like Coinpayments.net, Coingate.com, Coinsbee.com, nowpayments.io and more similar payment gateways, it would be easy to be used as a tipping method.

The challenge for Dogecoin now is just whether Twitter accepts to add it as a tipping method on Twitter. If they want to do it, the process would be done quickly.

Bitcoin network is stronger with time and it is continuing even during the energy crisis globally. Sometimes, hashrate can have hiccups along the way because of weak miners capitulate or natural disasters or other reasons related to policy changes. In general, the network has a solid upward trend in total hashrate.

Price can have pumps and dumps because of greed and fearful but value is only increase year after year. If people want to find out about value growth, let's see lowest price of each year. We can see a clearer upward trend and it reflects the growth of value for Bitcoin. The value of Bitcoin is contributed by increasing use cases and utilities for it as well as expansion of Bitcoin communities globally.

It is not a perfect time to short Terra Classic. If you want to short it, wait after it has 3x, 6x increases like weeks ago when it hits $0.006. Now it has been corrected a lot and if you short it, then it blast off again. What will be your ending with your short position? Get rekted, more likely so.

Trading and speculating Terra Classic is for professional people. If anyone is newbie, don't join and use leverage with Terra Classic. You can be killed by news and fud, anytime. They can be killed by both shorting and longing it.

I will keep holding LUNC many months and wait for next bull run of Bitcoin with 2024 halving. I do it with Spot, not with margin as I expressed my worry about risk above.

Every miner, investor has own limit and when we have a majority of miners reach their limits, we likely witness a miner capitulation. Weak miners can not afford to temporary loss and after a few months of fighting with loss, they have to capitulate and exit.

As a company, running a business and getting profit from its operations are most important. Binance definitely is not an exception as well as their opponents like FTX. However, consider it as a win-win situation and if people can take it to lessen their difficulty or resolve it, they must accept that they are bringing profit and reputation to Binance or FTX. It's fair enough.

Blockchain technology has so many use-cases and we will see more real applications into societies including government-based facilities and management. Data registration is only one of such application for blockchain technology. It can be used in agriculture, commerce, finance, police, health and so on.

With more developments in this technology, we will see a longer list of possible applications from it. India is not the first country that has acceptance from government like this.

Anyway, I don't know why they decided to choose Polygon. Ethereum and Binance Smart Chain are more likely better options for them than Polygon. Let they get's started, make trial, get experience and they still have lot of time and chance to change to other chains.

Miners have to afford to lose temporary because they can not have profit from mining in both bear market and bull market. It is easily to have profit from mining in bull market but in bear market, it is different.

In bear market, they can have very slim profit and sometimes, they even have loss. However, if they can keep mining and hold their mining rewards and wait for a next bull run, they will get very good return at the end. It would be more similar to long term investment for miners. If miners are short term miners, they will have more risk to get loss.

Problems with altcoins are: You can get high ROIs with them, higher than with Bitcoin in a few weeks, a few months; but when the trend is broken, you will lose more with altcoins. Another problem with altcoin investors is: they believe too much in altcoins and they hesitate to cut loss, to exit early. Therefore, when they get loss with altcoins, it should be -50%, -90% or even higher.

Bitcoin and altcoins have correlation in market capital flow that moves around between Bitcoin and altcoins. It is reason we have Bitcoin season and altcoin season.

LUNC can have a very good growth after all the massacre it did on its investors in May 2022. However, the journey to 100x is not easy and I am sure it won't be a rosy one. So if you want to invest in LUNC, please don't use all capital you have for it. It is a very risky investment but at least I consider it is not gambling. Personally I have some reasons to believe in it and don't consider it as gambling.

Do Kwon won't be a reason for LUNC to have 100x growth and I don't count him as one of factors for my investment decision. I believe that community and exchanges will play very important roles to help LUNC to grow 100x, not Do Kwon.

Forget about Do Kwon if you are LUNC investment. If you think he has effects on LUNC, you will be panic and shake hands easily when bad news about Do Kwon released.