Into the world of bitcoin, there are a lot of things may be considered and one of this is the knowledge this is the most essential thing we must have because it is quite hard to understand and all of the processes we need to identify what are the things we must do to make sure we are going to win all the things we do into the world of crypto. Also, I encourage other people too to make an investment not only to the bitcoin also into the world of altcoins because they have a lot of help too not just the bitcoin. Also if you want to earn more it is better to make a practice into trading and gambling investment those are the most common source of income if you want to increase your money but if you do not have enough investment it is good to use the bounties and airdrops to make as a beginners capital if you want to earn.

On the psychological aspect, there is nothing that people will teach you that because it is the behavior of human and also the final decision is yours no matter what happened at the end of the day your achievement or your mistake you cannot blame others because they teach you the wrong side on trading this is your fault too because you trust and follow them don't be a follower on the people just you know high skilled on trading do your own trade so you can keep moving forward about the things happening right now on your trades. After you earn a lot of experience you know on your self that you can be a great trader at the end of the day.

From the previous years, we are not living into the world which has a bank already instead we are getting stored our investment and money in just a single place so we won't misplace all the important things we have, some of the people before are storing their money inside their cabinets, boxes and under their bed because they think it is early safe and secured. Also, some of the people storing their money inside a bamboo stick and this is the support on their houses but the cons of this kind of toring system are not safe because there is a chance that what if there is a flame happens on their place and they cannot make it safe immediately because it is stored in one place better you choose for your life or your investment. Still, we have a different perspective on it where do we store our funds.


Banks are the most trusted ones in terms of storing our funds also there is a chance that all of your funds will safe and stored without hesitation because money heist is not too much promoted today. Also, we are waiting on the cryptocurrency bank so we can save all of our funds there without hesitation and we can now withdraw with the use of the cryptocurrency atm.

Many people said that trading is one of the best ways to make more earning which is a good thing but I'm against that trading is one of the easiest ways to make more money because trading is full of risk it depends on your self and capability to make win your trades. Some of the people make a preparation about trades like what you need are you having enough knowledge and skills to make more trade and win your trade. Next is you are mentally stable or not because sometimes many people making a trade that they are not prepared enough which is not good because you are prone to make bad decisions in trade sometimes this is the time when the people getting feared and getting greedy.

One of the things I do when I lose my trade is taking a break this is really important because you need to have a peaceful mind to make sure all of your trades are going to keep safe because you have a stable state. Also, it is better if you analyze those problems what are your mistakes and encounter so next, you face the same problem you can now make it so solve and avoid getting loss of your funds.


Loss on your trades is part of the market trading but at the end of the day one of the best things you could have is the profit even you lose a lot but still, you have an income there is a chance you will get a profit.

Those are the common trading mistakes of the traders I'm a trader too but the like a professional like you and I experience most the trades like that and I think those commonly happen to a trader. Sometimes getting FOMO is having a good thing too because sometimes getting a trade for more than three trades is good if you have a good quota you make a good amount of market profit. We called them the scalpers who make more trades a lot and they don't skip any kind of market movement and I want to be like that but also I made just two trades a day because sometimes the market does not have any market movement.

Also about getting greedy it is quite normal because all of us wants to make more money in trading so sometimes we become greedy and I think it is not bad sometimes it causes more money and income to you and sometimes it's not because of too much waiting on the market movement the upward trend now can be experience a little bit down trend especially in one to four hours trading time.

Nice to make tips so the newbies on trading can easily be guided and I'm a trader too but not too much popular and skilled trader, unlike the other players.  In trading, we must need to be conditioned on our self, not just the mind only if you just use your mind only you are just thinking about the earning of profit and just buying a lot of coins when the market drop and this is not only limited by they because there is a chance you make a mistake instead of down trend it is going to uptrend it is just a particular mistake in trading. Also, you need to emotionally snd mentally stable on your self some of the traders are getting into a FOMO and some of the traders getting greed and wait for a long time again to get more money and income. I suggest that once you already have profit and you think it is already enough to take out your position because you already gained profit there is a chance that you will lose your profit.

Some of the ICO and altcoins must be active so they use the telegram for one of the most communication tool to share their news about the up coming ICO and the market price of the coin which is a good thing because you can now keep updated but sometimes once you get into different groups unexpectedly there is a new group will invited on you and you don't want it and cause of too much spam so it is better if we just have one trusted group that we can change a lot of ideas and knowledge so we keep aware about the market price of the coins.


Having a group in telegram is one of the greatest ideas to share information also I have a group on my local that they are sharing a lot of ideas what are their thoughts about this kind of coins and this is will be working or not also they have a lot of information that helps a newbie to keep aware and avoid those kinds of phishing website and scamming platforms.

From the beginning of the bitcoin-only, a few people support this kind of coin but some of them are going against to the use of the bitcoin because it is just new and they cannot see the possibility and the possible outcome of the bitcoin to make more profit and by the time goes by the government forget about the use of it until the market price of the bitcoin reaches its highest market peak season and now they getting curious what is all about bitcoin.

By the people getting millionaire and rich because of the bitcoin many people follow their steps and dreams to be one of them the bitcoin proves all the things it can do just to make huge popularity,respect, and trust of their users. There are a lot of times that the market fall and rise because it is volatile but even it is quite risky many people still support this coin but the government sees the potential of this kind of transaction getting abused so they make rules and regulation on some of the highest crypto exchange and wallet to get a KYC or Know your customer to avoid getting Anonymous.

Many people get encouraged to make an investment to bitcoin because they know the possibility of making more money regarding the bitcoin some of the people are just going to make an investment only because they don't want to risk all of their funds because this kind of pump but still there are some people want to make trading and go with the flow with the use of the market volatile.

If you are a risk-taker this kind of market volatile it is just quite normal because you are going to go with the flow and wait for the outcome of your profit. Sometimes having talent on reading graph take some advantage like the OP did use a line to see an indication of having market changes of the coin and it is already beat the resistant there is a chance for another bull run market which is good because there is a chance for having a comeback from the bitcoin and beat the previous 13k market price still it depends to the supporters of the bitcoin if they will still support the coin.

As usual, the market price of the bitcoin is volatile from the previous weeks there are a lot of times that the bitcoin want to reach out the market price over 10k which is I think it is already the third time to attempt and maintain the market price on it but not all the time the price of the coin will now reach into the highest peak.

The price of the bitcoin drops immediately after it is reached its highest peak of 10.2k dollars which is enough profit for an investor and traders.


Still, there is some problem because of the pandemic outbreak because it is not still finished and some of the people cannot make an investment even they know the bitcoin is one of the safe heaven into the world right now but still they need to have enough money as the capability to survive on this outbreak.

For sure most of the people who trust already the bitcoin will still trust the bitcoin because we know from the previous years even the market price of the bitcoin does not have too much market value but the time goes by they are now supporting the use of the bitcoin by using this as their transaction payment or payment method because they know the potential and the benefits of this coin. If you are an investor you will grab the opportunity to make an investment when the market price of the coin falls down.

If you want to earn basically without doing anything just make an investment when the market price falls down this is the basic thing we could do in bitcoin and wait for the market price to reaches its highest peak price and sell your coin. Sometimes FOMO can bring us a huge chance to grab the opportunity to earn more money and one of the best things we should do is trust the bitcoin to go up but do the bitcoin fails us to rise? I think it's no because it has many supporters.

On the day of halving, we make a lot of expectation that the market price of the coin will rise up immediately but it fails and many people bought a lot of coins because they know the what are the possible outcomes of the bitcoin which increases the price rapidly because of the halving but as did we expect there is nothing changes it is just quite normal.

After a few days and weeks the market price of the coin rises up unexpectedly and it is already coming out into over 10k dollars which is a huge market value right now but this is just beating the resistance and coming back to its a stable state. The coronavirus does not have affect to the market price of the bitcoin instead the people use this and become a safe haven because it is safer than the use of the paper wallet. As now we are expecting the bitcoin will now beat the previous year market price of 13k dollars and as we did except it will now back again into the lowest market price over 3k dollars.

I think and I consider bitcoin as the safe haven because I already started on the topic I recently created on that which is the bitcoin uses to save their money because it is more efficient and safe than the use of the savings. Some of the people don't want to use the physical money or the paper money because they know it is dirt and came from the different people that already have a virus and as a person do you make any sanitation in that? Of course, no so why not use the digital currency and there is no aspect of having a physical interaction on the money and the came from the receiver and sender of the money. Many people today are already adopting the use of digital currency most of the stores today are using this to make easier and transparent transactions also it is more secured than the use of the traditional way or banks.  Also using the bitcoin is good too because the market is volatile there is a chance that you will get a huge market income when you bought when the market price reaches the dip of the coin. But still, the market volatility can become your friend and sometimes an enemy so take care of it.

Totally even the virus heal the world there is no good impact to the whole economy and the society right now because many people getting sick and got infected that close to death or going to die and this is not good because there is a lot of families sacrificing their lives just to make the job and the forum becomes spreading and killed our love ones that cannot do anything just to fight against on this virus. It is better to follow the rules to avoid the virus spreading also there are a lot of countries today having some problem and making protest because they want to have a test to make sure they don't have any virus but the sources and the test kits today are limited also the curve of a number of cases does not go to flat right now.

One of my biggest regret on making an investment is already happening previously when the market price of the bitcoin falls down because recently on the first month of the year of 2020 the market price of the coin falls down and by that, I made an investment before it happens which takes a lot of time to hold again and gain more profit on the previous falls down on the market I made another investment which is a good sign because I bought a lot of coins and makes a huge profit when the market price of the coin comes into the 10000 dollars which are right now. Before I do not have enough knowledge about the market movement and investment and made a mistake but by that, I learned a lot about my mistake and wait for the right time again to make a good investment.

Next is making an investment in the trading because on my first try on trading it gives me a winning game and next by that I loss all of my trades because of getting greedy and carried away because of my emotions to buy a lot of coins which is not a good timing and cause by that I lose on the liquidity of the market and this is not good feedback on me. For now, I make an analysis about to come back and win all of my trades again to gain profit.

I'm not using a trading signal with the use of software because it is quite risky because they have access to your trading platform. But instead, you can use with the trading indicators because it is easier to use one of the most thing I recently use is the Bollinger bands and the because it is easier to tell if there is a movement about the market price of the coin like in MACD when the signal of the MACD line touches the signal line there are changes will come on the market trades like uptrend or downtrend. Next is the Bollinger band when there is changes on the line and does not touches the line there is chances coming and vise versa. It is better to use the trading sinals than using the trading software that notifies your account if there is a movement on the market because sometimes the developer has still access to your account and can manipulate your trades.


Sometimes there are some trading signals that is the same result which is a not good effect on the trading signal because instead having the different perspective you can use different kind of signal to prevent have the same result.

I'm a trader too and one of the most problems I see on my self is getting greedy but I take to manage this kind of actions because we all know in trading there is a lot of opportunities to make more income with the use of it but it requires a lot of knowledge and skills needed to have this kind of possible high earning sometimes if we have a lot of market income to our trades we become a more greedy and except more than the market price of the coin will go up and the cause we need to wait more time and sometimes those times the market price of the coin is falling down right now and some of us getting panic and don't think what is happening and we need to do and immediately close the positions. Instead of having a good market income the result you lose half of the profit you have before because of getting greedy which is a not good profit. If you think you already gained profit take it out instead of holding this money that causes more trouble to you instead of having a good outcome.


It is better if we join into the world of trading we must need to set a aside the emotions because sometimes it may cause too much fear and getting scared and pull out the position we have.

We are using the bitcoin on our transactions because it is easier, faster and secured and even we already have a lot of benefits using the bitcoin still it has an impact to the environment first is the miners you already stated because miners use an electricity too because they are mining with the use of their computers and some of them are using those computers for 24/7 just to mine a lot of bitcoin it has a lot of consumption of the electricity and where do resources come from it is from our natural resources. If you are in a country which has a low electricity bill it is good for mining but if you aren't don't attempt to mine because the bills are higher than your earning but still it is on your decisions. Also, we have cloud mining today you can use this to mine too.

Many people told that the cryptocurrency trading is one of the easiest ways to make and earn more money so there are a lot of newbies making their own trade on this kind of platform having some of the problem today of the newbies are losing their funds which cause a lot of loses and getting more decreasing on their funds. If you are a newbie in trading and win your trade unexpectedly that was good news to you but you cannot escape the losing phase on trading.

In trading, knowledge is the most important thing you must have and it is better to keep updated about things happen into the world of crypto especially the coin you want to use to be more aware if there is a possible going uptrend or downtrend. Also, it is better to use the properly fit trading platform on you IMO I used the binance. Also having knowledge on the market graph makes you more help about the possible outcome of the coin next is the use of the margin trading this is the riskiest one if you lose your trade there is a chance to lose on your funds because of the margin trading set the leverage that you can afford to earn.

As we can see the bitcoin becomes popular from the previous years and it is not anonymous let's say the creator it's self because he doesn't want to show himself right now because it is a huge responsibility to taken the coin which is not going good to get more attraction but the creation of it the bitcoin becomes public for over a year's which is a good thing we have. There are a lot of people using this kind of coin even the altcoins because they see the potential of this coin to make more profit on them also even this coin is going to the public the transaction on itself is in a private, all of the transactions are secured with a cipher and decoder also with the help of the blockchain technology this kind of innovation becomes safer because it is not prone to hackers all of the information are going to encrypt into a new block which is create a piece of new information and another cryptography even this is secured the transaction are still transparent which the users can see the outcome of this coin of there is some confirmation happening or now.


Becomes a decentralized use of the bitcoin the government restricts this kind of method of payment and transaction so they create a platform that the user can now securely using the KYC to identify and limit the transactions becomes now centralized.