This can be the type of model for what passive income is. It is like what investment that you does really have to show presense before making out money from it and like you made an example, real estate business is part of it because it doesn't require physical presense but the investment yield profit through the rent payment. Also for some people who don't only rely on trading, trading can be regarded as passive and other businesses you do that doesn't require your physical presense to make your profit but all you need is to make capital available and expect profit from the capital.

I think the percentage of rich people in the world should even be lesser than 20%. If it were like 20% then the margin is not so distant like expected and these days with the crunch of hardship, the margin is getting wider. The economic downturn is not really affecting the rich because jobs are taking away from the poor while the rich is reinvesting the suppose salary of the poor whose job has been relieved off into other businesses because the rich is smart to take steps for the future that is filled with inflation also. This is the difference, the rich think of the future while the poor thinks of the immediate.



It is true that the poor has a flamboyant life style to gain approval in the society but the rich really don't see a reason for that approval because they already seen above that. They know acceptance is not in appearance but what you were able to achieve.

I think it could be followed like you suggested for newbies but believe me any body going into trading is going in for the money and not just to hodl a coin perpetually and this is the challenge of newbies because the experience they will have won't want them to keep hodling but they will want futures without proper knowledge of the market.

Anyway, if someone can keep differently some capital to risk in futures buying and selling at the same time then it could be fine to learn that directly, do some demo practice and start trading with very low risk and have some real life experience with it.

The aspect of Bitcoin helping people or family is not just that easy as people have said it. There are different ways to make money from bitcoin like I can mention mining, hodling or trading bitcoin to say just these. But apart from trading, hodling of bitcoin can not feed a family because it is seasonal, it is only trading bitcoin that you can benefit but this also is not easy. We still don't need to put our eyes in one basket, we still need to do other businesses to support on bitcoin endeavour and trading.

Well I think reading reading on trading isn't the best way to go. Trading is practical and not based on luck. Anyway you can check on babypips.com. You can learn more and get practical steps on trading because it gives you graphics on the market and candles. I support little reading but more practical work on trading. If you are scared of live trading, then you learn with demo that will build you more.

This sound like a good idea with the building of your work and experience portfolio because many employers out there would require and prefer to recruit that person with added advantage whether in work experience or skill. Therefore seating at home and picky will not add those additional value and make the curriculum vitae more interesting. Although some jobs are really not worth it but if you consider the other advantage that it will give you may choose to do the job for a short while and then find another or learn a skill. Trading crypto can be learned and that will be a real advantage.

Truly yes human society have always been faced with one kind of hardship and challenges but what makes us the highest level of creation is our ability to benefit from our environment by using it in our own favour and safe the human creation from further disater and this leads me to your other suggestion below.


So here I want to blame the government for not doing what is right by taking proactive measure to safe human society from further worse occurrences or to quickly move out to safe when there are issues of human disasters. This takes us to issue of planning. Even in good times, the government should be able to plan for things to happen in the future having taken clue from the past. There are different seasons in a year and they must repeat themselves with all the challenges with them and that is the point to say government must plan , provide, guide and lead the people.

You are correct in this analysis and likewise I don't think a particular indicator can be enough to trigger an order for bitcoin. Apart from your analysis on waiting for halving and the unlikely spike from any indicator, I think because bitcoin is not regulated so S $ P chart analysis wouldn't be well directional for bitcoin. It is moved by halving and more of fundamental/news and not technical analysis most of the time.

When it comes to trading and fear, I think the experienced traders know better how to handle it. They are more equipped in the trading strategy that can help them reduce or not to have fear in trading. What about if you have a limit to what you can lose, would you still have the fear? No I don't think so because you have already gone for the risk and staking out what you can lose. You can use stop loss in your trade and this is a way that you can take care of fear that is associated with losing of your money. Low risk also is another factor, take a lower risk then you are a little away from fear

You have only considered one aspect that is positive for commission job and negative for salary job. This is not always like that when you look at the two type of jobs because it really varies, when it will be difficult for sales then what happens to someone taking commission job but if you have a permanent job you have a little guarantee of money that you can save and get into another business. You can also request a salary increment when the company is progressing.

I think sometimes fud can be used as a business strategy to get more cheaper price when weaker hands panick and hands off their holding. It may not be unethical in this aspect because it wasn't a threat but a analytical advise open to acceptance or rejection. This is what whales do to get the demand dropping and if demand drop then the price will also fall, it is just a business strategy and not unethical.

There is no need to rush in trading to avoid mistakes. If op is cool with trading only stock that is fine if he is making profit from it because profit is what matters and not to go in for a trade that you are not certain for your profit. So he need to take his time a little more and master his profit techniques with stock trading before looking at another commodity to trade. Taking your time to master a particular kind of trade gives you an edge.

Not really. So balanced and experienced trader also trade by margingale and that involves trading multiple coins or orders at the same time.


Greed is the major reason th

I don't agree rather trading has profited more underprivileged than the wealthy. An underprivileged need to be gradual and consistently make profit to get to the top.


This is a contradiction to what your view is about a wealthy trader and underprivileged trader. Getting rich quick is not just good conception for a trader


I think you can change that and put it now in the front of your mind because you already contradicted yourself by saying wealthy people trade with high leverage which means they are expecting getting richer quick instead of gradual profit taking like those who have less capital and not seeing trading as get rich quick syndrome.

It is possible to do at least el savaldor is running her financial services that way but at the moment it is not all the continent that will be ready for it because of what is involved to ensure that transactions are safely carried out and delivered. Cryptocurrency exchange requires internet network availablity and it is not all countries that are operating on 4G network while some are on 5G, some in 3G. So it highly depends on network availablity to start with.

It is not only shorting that is high risk, long also is high risk, so trading itself is high risk not just strategies to trading because both shorting or going long/swing are strategies.


Yeah you are right. OP is just making sell orders with the hope that price will drop but unfortunately for him the price kept going down and that is why his liquidity keep going down and he is trying to refund his account. He is entry the market at every expected point for price drop, this pattern is also called martingale. Martingale strategy requires enough capital and it appears op doesn't have a clue to what he is up to. He could keep expecting price drop all through this year 

I think there is nothing wrong with having a high expectation. Like I hear multinational speakers saying it is better for you to plan and aim higher so that when you don't get the high target then you can still settle for some below and better. It is a target to work towards and it keeps the person who want to achieve it not to be lazy but to fight harder with the picture of the target on his face.

Don't always dwell on this because it is not always the fact but other people have also assumed it the same way like you. It is just a coincidence that after you bought a coin then you notice it went down, nothing as if it was planned that happened but only that price movements is the reason. At some times also you see the price going your direction when you take an order. You can check your indicators properly to be sure of your direction and not just to gamble on price direction without proper chart analysis.

The journey has not been smooth all the way and so it is not about 5 years because our experiences are different. Before I started getting the positive results I initially made so many mistakes that got me always down on toes, this is why the journey is not easy. It has been alot of mistake from keeping shit coins and trading wrongly but with wisdom I have grown to understand a little more above what I knew about the market for now.

Whether you have a good job or not, or whether you are careful not to lose your job is not really important but what is important is the policy that can affect our line of income or the environmental change or condition that affected your friend. Therefore, what we can do is to diversify our source of income into different places that are not related so that economy challenges will not hit them at once and we can keep surviving and reinvesting when we have saved up some money. Challenges will come especially health challenges and it is also related to old age. Making hay while the sun still shines also depends on the capital we can gather to diversify our source of income.

At the spot when their is volatility or bull , support and resistance doesn't change. It still remains there and not change until the price hit. This is the point I'm making that it doesn't move from such point where you have calculated it unlike other lagging indicators.


This is true and a fact because when the reversal happens then support and resistance also reverses, so you are correct on this