My advice If you are here to make money

[Bhig Daddy]

Many newcomers were given false information about how crypto could alter their lives, which led them to assume that they could make quick cash by just trading their money in the market or believing in a signal from someone claiming they could become wealthy by trading at them. They must understand that they are dealing with unforeseen circumstances, therefore we must maintain our attention and gather all the necessary data to be better prepared to trade coins on the market. Since you pointed out, even advanced traders lose all of their money due to poor selections they make, they shouldn't feel at ease studying the fundamentals.

[tjtonmoy]

I like to keep my money for future use. As a saving or as an investment plan. I am not into altcoins anymore as they are centralized shitcoin. Price movements could be predicted through BTC's movements, but I doubt if their full intention was to pump and dump.
Altcoin's price is not determined by trading volume, but who is controlling and willing to put what amount of money in there. And you have always the chance of getting scammed by whales.
BTC it is for me, no matter who says what.

Altcoins are shits, I've got some but that some from over the years and that some have thought thought some bitter lessons that, I tend to hook up with only bitcoin that I've known best. You still can't accurately predict its price action but, you get to understand the benefits that might come from hodling.

Speaking of if there plans are to pump and dump? The backbones to any project remains in the team. If a project is to succeed, it is the team and if it is to fail, it as well remains with the team. There schemes determines if investors are going to sell most or all of there hodlings off with one bearish move or hodl till it greens again. Perhaps not there plan but, they just might not have done enough to keep it alive either.

This is the fact that many doesn't yet understand. People are still trading buying alts and also making good profits, but to what limit? There's also the thing remains surrounding new projects. Investors are getting all the benefits selling at high and dumping the price and only then they unlock buyer's sell option. And you can't even sell at your buying price. This is just one of many ways that alt coin market works. This will become a full page post if i keep talking about that. So I will just stop here.

[kawetsriyanto]

Well, we are here for one certain reason and that is to gain money. But since trading is also uncertain, then expect that it won’t always be profitable. And one big mistake in trading will eventually make you lose everything. So always be cautious when trading, even in investing, as they can make you instant wealthy, and they can also end up making you the poorest of them all.

Sure, making money is always the main reason to trade crypto coins. There is nothing wrong if a trader wants to make money from trading. But since no guarantee to always get profits, we must use safe money in trading. Most people agree that we must use the money that we can afford to lose. It is the best way to avoid huge losses. However, you won't lose everything as long as you trade in the spot market. You only end up with a big decrease of your funds if you trade carelessly. But if you trade in the future market, it is simply the way to lose everything.

[plast555]

It is certainly true that the primary goal of trading crypto coins is to make money. There is nothing wrong with this, as long as traders are aware of the risks involved and take steps to manage those risks effectively. Using safe money, or money that can be afforded to lose, is a good way to minimize potential losses. Trading in the spot market, rather than the futures market, can also help to reduce the risk of losing everything, as traders in the spot market have the ability to sell their assets at any time. However, it is important for traders to be aware that even in the spot market, there is always the potential for significant losses, and it is essential to approach trading with caution and to educate oneself about the various risks involved.

[LUCKMCFLY]

Do not confuse things, it is not a lie, in trade you can earn money, but you have to know how to do it, many enter with the hope of becoming millionaires and no, sometimes things can be reversed, if we can put it in context The ways that they have to win in fast trading are few, it is said that 95% of traders always fail, so for a person to be profitable it is quite rare, only 5% of traders win, because sometimes they are much less who wins, so whoever wants to enter the world of trading has to know that they have to be very patient, otherwise they will most likely lose money, that is something one must have as a premise.

[xSkylarx]

I like to keep my money for future use. As a saving or as an investment plan. I am not into altcoins anymore as they are centralized shitcoin. Price movements could be predicted through BTC's movements, but I doubt if their full intention was to pump and dump.
Altcoin's price is not determined by trading volume, but who is controlling and willing to put what amount of money in there. And you have always the chance of getting scammed by whales.
BTC it is for me, no matter who says what.

Altcoins are shits, I've got some but that some from over the years and that some have thought thought some bitter lessons that, I tend to hook up with only bitcoin that I've known best. You still can't accurately predict its price action but, you get to understand the benefits that might come from hodling.

Speaking of if there plans are to pump and dump? The backbones to any project remains in the team. If a project is to succeed, it is the team and if it is to fail, it as well remains with the team. There schemes determines if investors are going to sell most or all of there hodlings off with one bearish move or hodl till it greens again. Perhaps not there plan but, they just might not have done enough to keep it alive either.

This is the fact that many doesn't yet understand. People are still trading buying alts and also making good profits, but to what limit? There's also the thing remains surrounding new projects. Investors are getting all the benefits selling at high and dumping the price and only then they unlock buyer's sell option. And you can't even sell at your buying price. This is just one of many ways that alt coin market works. This will become a full page post if i keep talking about that. So I will just stop here.

It was their strategy to lock in the sell option in order to prevent dumps, but it can also result in massive losses for investors. It was really different before  that is the main reason I don't now invest in alts, mostly on those new projects, as I am always thinking they will die after a couple of months, and it is very risky. I still trade alts, but only the top coins because they are far safer than the new ones because profit is easy because the price is low and you can buy in bulk.

[rozak]

It is certainly true that the primary goal of trading crypto coins is to make money. There is nothing wrong with this, as long as traders are aware of the risks involved and take steps to manage those risks effectively. Using safe money, or money that can be afforded to lose, is a good way to minimize potential losses. Trading in the spot market, rather than the futures market, can also help to reduce the risk of losing everything, as traders in the spot market have the ability to sell their assets at any time. However, it is important for traders to be aware that even in the spot market, there is always the potential for significant losses, and it is essential to approach trading with caution and to educate oneself about the various risks involved.

Spot and futures trading is just as risky. although futures trading of course has a higher risk. unfortunately, now a lot of newbies are coming to markets like Binance to trade futures, which of course beginners won't have.
their goal remains the same to make money. but without knowledge and skills, it's like gambling and wasting their money. they come only to lose.

[Hypnosis00]

It is certainly true that the primary goal of trading crypto coins is to make money. There is nothing wrong with this, as long as traders are aware of the risks involved and take steps to manage those risks effectively. Using safe money, or money that can be afforded to lose, is a good way to minimize potential losses. Trading in the spot market, rather than the futures market, can also help to reduce the risk of losing everything, as traders in the spot market have the ability to sell their assets at any time. However, it is important for traders to be aware that even in the spot market, there is always the potential for significant losses, and it is essential to approach trading with caution and to educate oneself about the various risks involved.

Spot and futures trading is just as risky. although futures trading of course has a higher risk. unfortunately, now a lot of newbies are coming to markets like Binance to trade futures, which of course beginners won't have.
their goal remains the same to make money. but without knowledge and skills, it's like gambling and wasting their money. they come only to lose.

It is a need for them to assess their capabilities because trading will simply don't work having only the basic knowledge and skill of trading but also requires a deep understanding of the market and most of all, the capability to control their emotions. I don't want to stop traders from doing what they want to do whether it was futures trading or spot trading as long as they recognized their weaknesses and correct their mistakes. Because I believe that people will change their approach and choose the place where they know they can do it well.

[palle11]

only 5% of traders win, because sometimes they are much less who wins, so whoever wants to enter the world of trading has to know that they have to be very patient, otherwise they will most likely lose money

In trading it is true that patient matters but that is when you have not pulled the wrong trigger. If you send the wrong other then the patients will be about how much that you have in your account especially if your order is against the wave or trend. Patients for me is usually before jumping into an order but not for accumulation of loses, to loses I rather exit than to patiently wait for my account to burn out.

[Ararbermas]

If you follow this plan you can get better results from trading like i said dont focus on too much market trend but try to find coin short or long it in few HOURS take the money and close the trade.

seems a quick profits strategy.   Tbh honest with you mate based on my experience with such way. For me i don't if it will works to anybody as it's required alot of work to do and you must have so much effort to that of course. For example analysing the graph everytime and accumulating data to get the right direction of the trend.. IMV 99% of traders cannot afford such task and always ended losses afterwards because its not that so easy like what you think mate.

[tjtonmoy]

It was their strategy to lock in the sell option in order to prevent dumps, but it can also result in massive losses for investors. It was really different before  that is the main reason I don't now invest in alts, mostly on those new projects, as I am always thinking they will die after a couple of months, and it is very risky. I still trade alts, but only the top coins because they are far safer than the new ones because profit is easy because the price is low and you can buy in bulk.

Alts projects were good back in the day, because they were trying to build a new thing which will help the people, and their use cases were good. And nowadays, all I see is scammers are creating new projects in order to scam people or just people who are creating something similar to what already exists. And also they claim that they are better than those existing ones. In the end, lack of creativity, copying and all those other stuffs leads t o their downfall.
All that which have survived in the past are still leading the alt market. But I still doubt them as they are totally centralized.
But it's up to people if or if not they want to use their money to invest in alts. I'm sure they will avoid the altcoins once they realize how much risk they carry.

[Inspiron14]

It is certainly true that the primary goal of trading crypto coins is to make money. There is nothing wrong with this, as long as traders are aware of the risks involved and take steps to manage those risks effectively. Using safe money, or money that can be afforded to lose, is a good way to minimize potential losses. Trading in the spot market, rather than the futures market, can also help to reduce the risk of losing everything, as traders in the spot market have the ability to sell their assets at any time. However, it is important for traders to be aware that even in the spot market, there is always the potential for significant losses, and it is essential to approach trading with caution and to educate oneself about the various risks involved.

Spot and futures trading is just as risky. although futures trading of course has a higher risk. unfortunately, now a lot of newbies are coming to markets like Binance to trade futures, which of course beginners won't have.
their goal remains the same to make money. but without knowledge and skills, it's like gambling and wasting their money. they come only to lose.

That's them beginners in making decisions don't try to think and do research first,
they just want to make a quick profit and that mindset is wrong,
better learn first to improve knowledge and skills is much more important.

[xSkylarx]

It was their strategy to lock in the sell option in order to prevent dumps, but it can also result in massive losses for investors. It was really different before  that is the main reason I don't now invest in alts, mostly on those new projects, as I am always thinking they will die after a couple of months, and it is very risky. I still trade alts, but only the top coins because they are far safer than the new ones because profit is easy because the price is low and you can buy in bulk.

Alts projects were good back in the day, because they were trying to build a new thing which will help the people, and their use cases were good. And nowadays, all I see is scammers are creating new projects in order to scam people or just people who are creating something similar to what already exists. And also they claim that they are better than those existing ones. In the end, lack of creativity, copying and all those other stuffs leads t o their downfall.
All that which have survived in the past are still leading the alt market. But I still doubt them as they are totally centralized.
But it's up to people if or if not they want to use their money to invest in alts. I'm sure they will avoid the altcoins once they realize how much risk they carry.

When those investors are already aware of or get scammed on those new projects, they tend not to invest anymore unless they see the most promising one, which is very rare right now. I was also investing in ICOs before, but when I saw there were a lot of shitcoins coming out, I quit. Furthermore, many new coins are now being copied by others, and some were simply created for fun or as a meme. I just recall that those coins before had very promising roadmaps and white papers, but right now some new coins with their white papers are garbage.

[tjtonmoy]

It was their strategy to lock in the sell option in order to prevent dumps, but it can also result in massive losses for investors. It was really different before  that is the main reason I don't now invest in alts, mostly on those new projects, as I am always thinking they will die after a couple of months, and it is very risky. I still trade alts, but only the top coins because they are far safer than the new ones because profit is easy because the price is low and you can buy in bulk.

Alts projects were good back in the day, because they were trying to build a new thing which will help the people, and their use cases were good. And nowadays, all I see is scammers are creating new projects in order to scam people or just people who are creating something similar to what already exists. And also they claim that they are better than those existing ones. In the end, lack of creativity, copying and all those other stuffs leads t o their downfall.
All that which have survived in the past are still leading the alt market. But I still doubt them as they are totally centralized.
But it's up to people if or if not they want to use their money to invest in alts. I'm sure they will avoid the altcoins once they realize how much risk they carry.

When those investors are already aware of or get scammed on those new projects, they tend not to invest anymore unless they see the most promising one, which is very rare right now. I was also investing in ICOs before, but when I saw there were a lot of shitcoins coming out, I quit. Furthermore, many new coins are now being copied by others, and some were simply created for fun or as a meme. I just recall that those coins before had very promising roadmaps and white papers, but right now some new coins with their white papers are garbage.

Even with good roadmaps and good vision, many fail to succeed due to many factors. Whale's attack, scammers, hacking and all of that. But most of them are just scams to take away your money.
For these promising roadmap, investors are quite easily fooled by this. Even if you are a pro investor, you can easily fall for this. This kind of sudden attacks are unpredictable. So it is very hard to decide where to invest. As is said before, even the old ones that have been here with us for ages could also be a bad choice considering the fact that they are centralized, unlike BTC which is not.
If anyone comes to me for advice to invest in something, I would really suggest them to choose BTC as their only priority.

[darewaller]

When those investors are already aware of or get scammed on those new projects, they tend not to invest anymore unless they see the most promising one, which is very rare right now. I was also investing in ICOs before, but when I saw there were a lot of shitcoins coming out, I quit. Furthermore, many new coins are now being copied by others, and some were simply created for fun or as a meme. I just recall that those coins before had very promising roadmaps and white papers, but right now some new coins with their white papers are garbage.

For the majority yes but for a few number of people, they remain to be the same. No matter how much times they get fooled, they seem to can't learn but keeps on investing on riskier things again and again. Some times we just need to be scammed first before we learn but this process can possibly be skipped.

It shouldn't always be followed if we want to save much money. We can do it by learning a lot of things first. Make a research and ask questions that you don't understand. It's not that promising coins are now rare, it's just that the number of scams projects have only increase by a lot of folds but if we dig deeper, we can still be able to find them.

[martyns]

Many newcomers were given false information about how crypto could alter their lives, which led them to assume that they could make quick cash by just trading their money in the market or believing in a signal from someone claiming they could become wealthy by trading at them. They must understand that they are dealing with unforeseen circumstances, therefore we must maintain our attention and gather all the necessary data to be better prepared to trade coins on the market. Since you pointed out, even advanced traders lose all of their money due to poor selections they make, they shouldn't feel at ease studying the fundamentals.

You are correct mate,after hearing how you can make quick quick cash if you trade,another important question to ask is that,since you started trading,can you boast of always making profit just as the way they exergerated it while telling you?You will always get the answer as No, because trading is a risky game,and success is never guaranteed,that's why you must have some necessary skills in order to trade and make profit.
Trading is fast and can earn one quick cash,but when when you loose,you should also be matured to to know that it is part of the game.

[GeorgeJohn]

If you use btc futures without having sufficient analytical skills, you will not get profits but will experience losses, making your capital run out. Apart from that, you also have to control your emotions in trading because this has made many people lose opportunities to make profits. But as traders, we have our own way of analyzing the market to find a time when we can trade.

You are right, but you have to know that trading in this aspect have different perspective to follow, and i believe that before someone can as well make a profit in trading you can as well known the basic things concerning trading before you can take a good step of opportunity in trading, despite that some us scale through in trading with luck, but that doesn't mean that their opportunity comes everytime. To be prosper in trading at the basic knowledge have to be there.

[uneng]

Frankly, if you want to make money, don't trade often. Just buy Bitcoin and wait until it goes up. It may take a long time and crashes can happen meanwhile, but don't panic, keep your focus on your primary goal that is to make money with Bitcoin on long term. If you do day trading or future trades, you are already under severe risk of loss, doesn't matter the method you are using on your execution, so prefer the safest route which decreases risks, while still keeping a decent profit margin.

[Volimack]

Agreed, bitcoin investment is the best way to make money but effects aren't like that it isn't as easy as it's now, but tolerance and an logical approach will yield good returns. The crypto request has now come a raging wild west with unanticipated rudiments coming into the request. You'll read what cryptocurrencies are and the easiest way to make plutocrat with cryptocurrencies with lower threat than complex strategies. 

[blockman]

Agreed, bitcoin investment is the best way to make money but effects aren't like that it isn't as easy as it's now, but tolerance and an logical approach will yield good returns. The crypto request has now come a raging wild west with unanticipated rudiments coming into the request. You'll read what cryptocurrencies are and the easiest way to make plutocrat with cryptocurrencies with lower threat than complex strategies. 

Being best is subjective but obviously, we're in a bitcoin forum so everyone here is going to say that it is the best and that includes you and me.
Those that are still doubting the potential of bitcoin are just missing the days that they should have rendered already by keeping bitcoin.
There's no need for them to be that technical so that they can have it. It's a matter of understanding on what bitcoin is and soon, the halving will come and more people will get to know what will be the effect of it.