You made a very good point here,  but you need to understand what not many people think this way, most people don't know that the most successful people in life pays more for knowledge before even engaging their funds.

Even in the award winning book title Rich Dad poor dad, the author was spot on, because he knew the concept of financial education, he knew that formal education alone can't take him out of the rat race, so he devote more of his time after school in learning financial education from his friends dad, which is the rich dad.

Financial education has always been a game changer in the financial state of a man, it is the best education a father can give to his children because once you are financially educated, it's near impossible not to be financially stable.

Have you wonder why most lottery winners have gone back to square one after winning or most rich kids losing their inheritance due to poor/bad management of funds, it's because they lack financial education.

On the other hand 1million dollars is truly a life changing amount of money but if you are not financially educated, you will lose it all on  the long run,
I don't know if anyone sees it the same way I do?

Education is the bedrock to every successful society, most of the rule of nature an things of life will be very much difficult to interpret/ understand if you are uneducated.

Their is a say that goes like this, and I qoute" if you think education is too expensive, try ignorance, to me self education is paramount.

Trading is 90% psychology, but

- you can't build confidence without a profitable system.

- you can't have consistent gain without a profitable system.

- you can't be disciplined without a profitable system.

- you can't win without a profitable trading system.


Trading gives you money, in order to to protect your money risk management is paramount.

Working as a civil servants have always been my thing, I work from Monday to Friday which to me is normal, I feel proud doing it until I started trading bitcoin.

Trading started making me see things differently, because I no longer wait for my monthly salary, now I earn money daily and week, due to the kind of large amount of money I make in trading I fell out of love for my civil service job, because the money is small  but it is still a decent salary.

Note: in trading I earn base on performance, but even though the market is too bad, I still earn a decent amount of money out of it in a month base on my level in trading.

My question is guys which do you prefer, a steady monthly salary which you know that no matter what, it must come once the month ends or a business/ trading/ any other thing which you can do that you earn base on performance and you have the capacity to earn ten fold of what a civil servants might earn if you are good at it, but there is also a possibility that you may have a bad day in the office which you may even incurred some loss.

Which do you prefer an why.

Trading of bitcoin has been one of my source of income for quite some time now but find it difficult to tell some other persons to engage in trading because of the risk involved.

Last week a friend of mine saw me trading so he tried to know more about it, at first I never wanted to tell him due to the risk involved, but then based of his persistence I first of all explained to him the difference between spot trade and futures, but I told him I do only spot, how  I buy low and sell high, even as I was explaining it to him I was feeling uncomfortable because of the risk.

 I don't want a situation whereby someone will say that I scammed him if there is a sudden dip in the crypto industry, so I just told him to open a binance account and verify it, after then, he should get back to me so I can send him the hard copy of the crypto course I bought.
Uptil now I still feel uncomfortable about it, I don't know if am wrong or right for opening up, even though I told him of the risk involved.

In the real sense, family will always comes first because they are the ones that will only accept you for who you are and they are willing to stand by you unconditionally, but note that not all family are like that, some family members are ready to throw you under the bus at any slight opportunity, those set of people don't even care how you are faring.
Me as a person, I don't only recognize blood relatives as family, any one that loves me unconditionally,  to me he or she is my  family, an those set of people are my real bloodline because it is only them that can make me go out of my way.

I feel that the bull run will mostly occur in  the hong Kong token such as cfx, oax, keys etc, because even now that it's just being speculated, the hong Kong token are doing so well unlike the past months.

My favorite alt this days are the hong Kong token, which are cfx, oax and key, they have been giving me joy for the past weeks now, their volatility is really crazy, when I buy at a lower price, it doesn't takes long to rally back to it normal standard, they really have made me a lot these days.

Investing in alt can be very risky because it gives you no guarantee of success, an it not a good idea to hold onto alt for far too long, so if you are doing it for the next 1 to 3 month, I suggest you go for the Hong Kong token,  cfx, key oax, on the 1st of June cryptocurrency will be made legal an I believe those coin I made mention will gain more value, I really do believe you will cash out big time if you invest in Hong Kong token today.

First republic bank lost 50% of it's value today and will reportedly be seize by the US government.

Another major bank has collapse, banks are dumping an bitcoin is pumping,
It pains me to see what is happening to the banking sector, but the good news is that bitcoin is doing what he knows how to do best, keep on pumping.

The Russian federation is one of the influential country on the face of the planet aside from United States, so for anyone to feel like they will crack under sanction is really mistaken, their smart policy making have kept their economy strong even in the face of tough sanction, moreover sanction doesn't changes the mind of sanctioned regime, look at north korea, cuba, iran etc right now they are even getting worse instead of repenting, look at what is happening now, russia is uniting all the bad boys against the west, which is not a good thing, I just hope our leaders make some wise decision so we won't end up experiencing a nuclear war.

Drunk an still be trading is  one of the most crazy thing I have heard in recent times, how can you even do your technical analysis while your hands will be shaking an you will be feeling so dizzy, it will never ends well if such thing happens

You made a good point here, my rank in this forum shows as a newbie because just got into the forum last month, when a friend of mine told me about this forum an how I can learn more things here, but I really do have a bit of experience in trading, because I trade daily in my binance account.
This forum is really worth the hype because I find it so educative for the past month I have engage in it.

Most of the newbies in crypto space believe once they have a large capital they will definitely succeed in the crypto space, but they are wrong, not knowing that if you can't grow/manage a small account, you can't grow/manage a big account either, their are common mistakes they usually make an I will be giving out tips on how to avoid them,
* Over trading-- it's very important for a day trader to limit the number of trade he/she took in a day.
* Lack of trading plan-- develop a strategy an stick to it, do not ever enters a trade blindly, if not the market will remove you blindly.
* Failure to use stop-loss-- to me it's the most important thing I do while trading, an it's always close to my entry price, I do it that way so that if the trade didn't go as planned, I won't lose more than 10% of my margin.
I don't if anyone have more to add, so I can also learn?

I want to make this very clear, in the crypto industry, if you can't hold, you can't be rich, secondly holding alt for too long is extremely dangerous for your money, if you want to invest, do it with bitcoin, most times you may loss the opportunity of making very good profit by holding too  long, that's why it very important as a good trader to always take profit, so that you won't be at the receive end at some point.

I was reading an article sometime ago when I bump into a sentence, an I qoute, '' will you sit by an allow this opportunity to pass by again? Yesterday you said you will do it tomorrow"  this got me thinking all day like why have I not been able to buy bitcoin, I miss the opportunity in 2014 because I feel it was a scam, am I missed the opportunity, look at me today, investing in some alt that wanted to give me high b.p
I must buy bitcoin today, I really don't know if someone else is experiencing the same thing out there?

As a crypto trader, I try as much as possible to maximize my portfolio, you may have a bad experience in the youtube videos you watch about airdrop doesn't mean that all of them are all scammers, the most important thing while hunting for airdrop is how credible your Intels is, so that you won't be wasting your time for nothing, though most airdrop campaign are just peanut, that's why you need to do your own research on the value you stand to gain if you engage in it.
I participated in the arb airdrop, an of a truth I wasn't disappointed

When you talk about cryptocurrency, the first thing that goes into your mind is bitcoin, my advice to crypto investors is invest where you feel safe, which is bitcoin, when you buy bitcoin, you don't just buy an asset, you also buy peace of mind.the market can be sometimes crazy that even the dip will scare you for the value of your asset, but bitcoin will always be bitcoin, it always stand strong, it doesn't fail to rally back an most times even better, unlike most alt that wouldn't gives you peace once the dip is very strong,  I don't really know if anyone else feel the same way?

Analysing the trend of the crypto market can be very complicated, base on the fact that their are two major deciding factor in price analysis when trading, which are the technical indicators an news about a project.
  I have not been in the crypto space for not too long but I have come to the conclusion that the news is more influential in the trend of the market than the technical indicators, guys what do you think?