Mistakes are basically lessons that we paid for. If you haven't lost any money on bitcoin market, then you haven't truly invested into it yet. There are so many people who are veterans of crypto trading and all of them have one thing in common; losing money from trading.

Because in order to be a veteran, you need to make many trades, and if you do many trades, you will eventually lose in some of them, no human on earth ever traded a thousand times and be right a thousand times, all of them lose money in some of those trades. But that is a good news, if you haven't lost all of your money, that was a lesson you could learn from and be a better trader.

I think that was actually pretty decent, it's a wonderful thing that bitcoin could look like dropping for a moment and then look like it's doing wonders the next moment. We were going down from 24.5k to begin with, and it reached as low as 21k levels, and then suddenly we are nearly at 25k levels, sure we dropped after that too but that's okay, we are just looking to see something could be done or not and that means the market is not dead.

The fact that 2022 didn't had this much hype and expectations about the price is all the difference I need to be happy. I mean even if we fail to do it, the expectation that we should be able to do it is all that I need.

I do believe it can go to 30k as well but we have seen ti try to do that before and it failed, so I am not entirely sure if it will do it, I think it "can" but we have seen it try and fail before, so I do not know if this time will be any different.

I hope that it does well this time around and it will end up with a good return for all of us, 30k would be such a great thing because it is such a big difference from where it used to be, that is nearly 2x from the bottom and it would actually mean something. Sometimes increases are not just pure increases but they are stories that the market is telling us and in this case the market would be telling is bull is back if we reach 30k.

There are moments like this that is insanely high rising in a very quick period. It didn't even take full 24 hours, like before it reached 24.5k, take a look at 24 hours before and then take a look at 12 hours before, it wasn't this high, which means that it was even like a few hours for it to reach this high.

That once again proves my point that I have been trying to make for years, bitcoin is something that can go up anytime, you should get in before it's too late. Too many people are "waiting" and they get in when it starts to go up and they are usually too late, if you get in when it is lower, that means you are going to make a lot more profit when it goes up.

Doesn't matter how much they have compared to us, it matters how much he has compared to his old self. Which means, if he is living in a poor nation and making a small amount, that means even if he turned 50 dollars into 500 dollars that could be a good amount to have on the side, or turning 500 into 5k would be a life changing thing for them maybe.

I know that people are confused how 5k could change a life when it is one months salary for many people, but the truth is most of the world lives under 500 dollars a month, and that would be nearly a whole years worth of salary all at once and could change someone's life if they live in a country like that.

It is obvious that crypto is a global thing and doesn't care what US government wants to do or not. I get that they want to control it or at least control the citizens who use it, but that doesn't mean that they will be capable of doing that, they will most likely end up with nothing at all on their hands if they tried to pressure the public too much about this.

People in crypto care about their freedom from the government and that means they are not going to let the government get involved too much, they may do something about it, but they won't let it get that further down the line. Even if there were laws about it, they would just find ways to work around it.

I agree that faith should always be built like that, not always like that unfortunately in the world, sometimes older people tell younger people to "have faith" in something, and younger people grow up believing that they should, when in fact they do not know why. Simplest would be governments for example.

Bitcoin gained trust of everyone and we have faith for it because we have seen that it deserve our faith, not because anyone told us to, but because we saw it ourselves. That is why I believe that we shouldn't be really worried about it, it should be as normal as it gets and shouldn't really be something that shocks us in the long run that people trust it and love it.

I think you are on the right path, the mindset is "do not buy things that are unknown to everyone" and unfortunately many people still do that today, they invest into things that just a few thousand at most heard about, not ones that we all know like the ones you named.

To be honest, I do not have the same names as you do, like I don't invest into FTM, but at least I heard good things about it, and it is ranked high enough to matter, and that is where we should look at, we could have few differences but at least we are close enough to say that it is similar. I believe in BNB and ETH and Avax for example, but the idea for both of us is quite similar.

I used to have a blog too and I stopped as well and I can tell you my reason, no idea why he stopped but I am guessing it could be a similar reason as well. First of all, it requires a lot of work to keep doing it, even if you end up writing just one post per day, that is a lot of work, and most share multiple posts a day, there are big websites that posts 10 posts a day, you are competing against these people and having even one blog post per day is hard, 10 is near impossible for a single person, if you have multiple websites, calculate how much more posts.

Secondly these other companies and websites spend a lot more on marketing, so you have to spend more as well, and that causes a trouble as well and you can't afford it. So, it becomes near impossible to fight against these giants, and even when you work and spend money, you may end up not getting much in return.

I agree that it is not really about having zero emotions, it is about not to care about your emotions and ignore them when you are trading. Are you afraid? Will you trade based on your fear or will you ignore the fear? That is all that matters, if you can do that then emotions you feel do not matter at all, they are not part of the calculation.

However, if you let your emotions run through you and you end up working hard for it, then I would say it could ruin everything you have worked for and you would make a big loss, I would suggest highly against that as much as possible and it would be a lot better if you could completely ignore them.

Basically it should be in a way that you should be still proud of what you have if it goes up. Like for example lets say you invested 20k and bought a bitcoin, then it went to 40k, you could sell half of it, get your money out, so you won't be losing anything at all, rest could do whatever it wants, go up or down or whatever and you should be still keeping it.

That way, not only you are protecting yourself from a future loss, but you are also making sure that you could profit from going even further up, like if it does another 2x on top of that, which is possible, you still have 40k invested and yet your 20k is out which would be pretty sweet.

To be fair, Lehman Brothers bankrupted itself, but others picked up what they had and continued. Even the building they worked in got sold, and their names and offices and business' that they had, all of that was sold to others and that money was used to pay off the people they had debts to, and that means only Lehman Brothers got screwed because of this.

They did it unto themselves, a big attack could always result with some companies bankrupting because they do not have enough income to pay off their debts, which means they weren't ready for a bad situation. I believe we do not have that right now, Binance is good, and they do not have to worry about this attack at all.

Admire people who own NFT's? What is this 2021? I think people mock others who own NFT's at this point because it makes no sense. I understand sidechains, not bitcoin getting forked or anything, but we have one chain that is segwit which gets a bulk load right now and we need to have a few layers on there to make sure that it works better, and that is understandable.

But aside from that, I do not think that it should be that complicated for bitcoin to go up, it is a good project and everyone trusts it and from people who have 10 dollars to people who have 10 billion dollars, they all want to be part of it so I think it shouldn't be hard for it to reach 10 million eventually.

That is true but that is not going to happen at all, we are not going to see governments say that bitcoin is better than gold. What we could see however is governments end up saying bitcoin is good, not say better than gold but saying it is good. If that ever happens I agree that what you said may happen and I am rooting for that right now.

Look at El Salvador, they basically said bitcoin is awesome, and if something even remotely close happens with bitcoin as well, then we are going to see it do so much better. We just need to have a situation where we trust bitcoin and its future and that would be a lot better for all of us at the same time.

You are considering bitcoin as just an investment, but you should realize that it is also currency. Let me explain as the most known thing here; signature campaigns. With them you get paid in bitcoin right?

Of course you do not get paid a ton, and it is around 80 to 100 dollars a week, and that is at max 400 dollars a month, and that is not enough for majority of the world outside of just few poor nations, none of us could live with that, but it is there, so it shows that there is a chance you could work and earn it. I believe that if we can do this, then there are other jobs and bitcoin could put food on your table, and that is the best thing about it.

I agree and I am a bitcoin supporter and I believe that is exactly the situation we are in right now. I know not many people agree with me, but I believe that we shouldn't be shocked to see it go up a lot more. I know it looked a bit weaker recently after that increase, everyone expected it to be a lot higher and when it didn't moved that much higher many people were disappointed about it, but I think it is quite understandable why people didn't trust it that much and why they did not see it go up.

Not enough people believed in the bull run, and even though we are still 21k+ which is 5k+ more than the bottom, there are still many who do not trust the increase, and that's an issue.

I think USDT is considered a "security" if they were as business as Binance, the difference is that USDT is not a company based out of USA, but binance.us is, and they are owned by Binance, and they control the whole of BUSD, not the same thing.

Obviously still terrible that they could make it like that, and I think they are basically saying "if we can't control you, we will punish you" and nothing more, and CZ knows this and will move towards more VPN side and not really care about what they say, because freedom to do whatever you want instead of doing what government wants will be a better profit maker for them. This is why they do not look worried about this at all.

How can we earn a crypto if we don't believe at it? But, to be able to earn we must believe on it first because this was the only way for us to buy and hodl them. The OP is not into forex but he only applied what he learned to it and it work. Well, that's no surprise because like you said all of them have the same rules and that is to buy low and sell high.

Since the OP just learned forex, why can't he just try it as well right? Because even though they have the same rules, their market is still different from each other. what I know is that stocks and forex market are more stable but crypto market is highly volatile. It's much riskier in short so it would be better to diversify to cut the risk.

It is legal but subject to your daily/weekly/monthly withdraw or deposit limits. All the above, if you do like you have mentioned, did you calculate how long such price differences will exist? In most cases, if you buy/sell in large quantity then prices in both the exchanges will converge as early as possible. When the price gap is not significant or not enough for covering for the fees to pay for placing orders (buy and sell), withdrawing from an exchange and network tx fees then there will be no point of planning for buying in one exchange and selling in other exchange in larger quantity.

When something like this is not feasible in large quantity, most people do not like to go for it in even in small quality as well due to the hassles involved in moving funds from one exchange to another. Probably you may try for it in small quantity if you have funds initially in both of the exchanges initially (to save time by not waiting for network confirmation before gaps disappear) and if you are KYC verified (for ensuring not getting locked while withdrawing).

Or maybe he is just bad at picking an altcoin? Those coins are not risky before but maybe they are now today since their hype have gone and then there are so many negative impressions about them. If we want a big profit in the future then it's not an altcoin that can give it to us because we are not sure about their future but the ones that can full it is Bitcoin.

Sure, there are big alts like ETH which can also last longer but I am sceptical if it will pumped high as Bitcoin especially now that it had gone bad due to its latest transition from POW to POS. We are now close to the Bitcoin bull run so there is no need to ride the hypes of other coins and take big risks.