Internet is obviously the lurking place of theft and scammers so we must be literate when we're engaging to some crypto related activities such as trading and investing. And also, put your goals as a top priority and not your emotions especially when it comes to trading because emotion will be the hindrance on making some important decisions.

Well,  maybe they don't have anything else to do with their daily life because as we can see they do have a lot of time participating in these kind of schemes. Plus there are still many people out there who doesn't have an idea about cryptocurrencies,  just hearing that they could get a penny for free could spark their interest and might start doing what those bounty hunters usually do.

If they bought some coins when the price was at $6k they could earn thousand already today and for upcoming months but since most of them panicked they missed the opportunity to earn higher. It isn't too late now to buy, there will be a plenty of opportunities waiting for us.

In my country, we are currently experiencing the highest inflation within seven years. Since the bitcoin is decentralized we can used it to lift up our daily finances and prevent from being extremely affected by the increasing prices of products,  services and other expenses. But there are still a lot of risk since it has a high volatility.

Haha,  it's just a made up word for those new trader traders. Once they experienced enough of losses and winnings they will probably realize the outcome that they are expecting are not always going to work. It is more important to just take the profit whatever the possible percentage of it.

If you're only investment is bitcoin then you have nothing to worry about because it could spike again after a few months so you shouldn't stress about it.  When it comes to other altcoins especially for those not so popular coins we tend to panic because we are uncertain on how long can it last.

When it comes to business, we could face a lot of failures, it's not that easy as you said. We must be persistent on our goals or else you'll lose eventually and you'll never get those money you lose back. So my goal is that to have perseverance and a plan to lessen the risk when  I will put up some small business.

I understand the last part about the information, wisdom and knowledge. It is indeed the reason behind a person becoming rich but it's all depends on a person on how, where, and when he/she will used it. Just having a wisdom or knowledge on how to use money to make more money could easily elevate your life. We should also consider luck and chances.

Yes that was the truth, it's just a matter of how fast you are to sell and get some profits. They are usually using those schemes on a certain cheaper and low trading volume coins, so if you have seen something unusual movements on those coins then stay away from it if you don't want to get involved.

Yes, especially for those coins who have a high volume and most active trades in which makes day trading more effective. But I still prefer long term hodl, even though it gives sometimes a long term emotional ride you could still feel more secured compared to day trading.

It's also essential too to study economics even in the highschool because it is our right to know the distribution of wealth and the cycle of money and how our economy works. But it is also your choice if you wanted to study it, if it's helpful for your chosen career then you should study it and if not then don't.

It's like releasing or breaking up from a century old cursed that enslaved us which is fiat. It's too good to be true and also looks so impossible, do you think the bank will agree to disappear like that?  They would do anything even the dirtiest move to make sure that they will keep on existing.

Yes, of course, knowledge is indeed significant when you're planning to start trading cryptocurrencies. Additionally, we must make our own rules and objectives such as making your target profit and make it as priority , the right time to buy/sell, cut loss, etc.

Scams are becoming more clever these days, once you overlooked on some details then you'll definitely fall from their schemes. We should atleast become updated too about on how can we spot the latest techniques that scammers used.

Reflecting on the things you've done after losing would probably give you an idea on what are the reasons behind your losses and how to cope with it. But if you started whining without thinking or realization you would probably continue to become a failure in trading.

And the economic collapse will begin, hunger and pover will rise. Additionally, fiat is just a paper and no significant value, printing more money is useless unless your country decided to make a new design/looks for it.

How long I have been investing on crypto?  I am not like the others who bought bitcoins since the early days, I am a mid adopter of this cryptocurrency. I have been here in the right time where the bitcoin is not that much expensive. What percentage of profits I've brought here? I think not more than 20 percent.

It depends, it might stay stagnant or keep pushing downwards.  We shouldn't just predict something instead we must also follow the trend. There are people who lose already half of the value of their coins but they don't stop to hold it and believing that they will recover it and will soon get their profits.

I agree with you, especially that the bitcoin itself are completely for anonymity. You could still make some transactions if you have some connections with some people who are willing to sell or buy in exchange for fiat.

By the word itself day trades,  obviously you earn by trading daily or short term even if you get a little amount by it, you can still earn a decent amount if you stake a huge amount of money to buy coins and used it for day trading but it is also the riskiest thing you might do. Day trading became possible due to the high volatility of cryptocurrencies.