Yes, it is true that traders need to verify KYC before trading with crypto exchanges. And it is a mandatory step implemented by most of the crypto exchanges. I think safety is the concern here. With these centralised exchanges, your bitcoins are somewhat protected and less prone to attacks and scams.

Indeed! Bitcoin is the king of cryptocurrency and it will be. However, in terms of value, it is difficult to predict the future of Bitcoin. There is also a possibility that Ethereum might beat Bitcoin and become one of the most valuable cryptocurrencies.

If you’re new, I would recommend you to start with HODL because it is relatively easier than trading. If you want to trade, start with small trades, such as 1% of your portfolio per trade and no more than a few trades per week. You should also invest time in learning technical analysis. The point is to start slow. Trading, however, can be more beneficial in longer and short term

I am not sure everyday. But there are people whose lives have changed after investing in cryptocurrencies. It is possible to become a millionaire from cryptocurrencies if you take the right steps and are consistent. Since crypto is a speculation market and is new, traders need to step in with calculated risks.

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I would recommend you to indulge in some physical activity. However, you should consult a doctor. There might be an underlying cause of it, maybe a bad sleeping  or sitting posture.

I don’t trade or trade with small risks. The cause of this stress is important to identify. If it’s psychological, then you can work on it by taking slow steps. For instance, if you are doubtful regarding your trading strategy, then you can backtest it and trade it with a minimum risk. This will boost your confidence and help you trade better. In case, it’s just you’re bored, then you deserve a break. Trade tomorrow with a fresh mind.

I also think that the Indian government will regulate cryptos in order to get taxes. Complete ban on cryptocurrencies by a nation that wants to promote future technologies is not acceptable. They might ban the use of crypto as a currency and use of other private currencies. However, how far the extent of these regulations will go, only the future can tell.

I think starting a business makes you your own boss and many people like this idea. In reality, it can be more stressful than a job because you have a big responsibility. You are responsible to pay yourself and others.

There are many ways to do this. You can start by making a youtube channel and freelancing. Making online income can take time to develop. Initially, there might be no success, but once you get a hang of it. You will automatically find other ways.

Initially, you can’t, but with time, things might get better. Start with keeping yourself busy. Allot the time when you think about her in reading more about cryptocurrency. Exercise, eat well, and sleep well. And remember: it’s a phase that time shall heal.

Gym or any other type of physical activity is important to let out the stress from trading.

The half of the game is played by our emotions. The market such as crypto has no place for emotions. You need to know when to do what. That’s why traders should come with a positive and realistic approach. Crypto is a new market and any bad news can affect it significantly. You need to put money only if you’re ready to lose it.

I agree, the crypto market is very volatile and can be risky if you are not mentally prepared for it. In crypto, or any financial market, you should take risks with proper analysis. Always start slow. Trading and even holding for a long time can be exhausting. We should invest only if we can afford to lose because there is no guarantee of returns.

You can start by reading it online. Crypto is a volatile market, so you should start slow. The knowledge of technical and fundamental analysis is important to make money from crypto trading. Follow the basic rule: buy low and sell high.

The fourth point will automatically make you a good trader. Trading is difficult because it requires experience and practise over a period of time, and not many traders are capable of that. One of the best ways to progress in trading is to maintain a trading journal. Once you backtest your trades, you understand the fallacies in your trading. Improving them can be helpful in strategizing your future trades.

Trading can make you more money than investing if you are good at trading and trade with a feasible trading strategy. It can give you instant results. On the other hand, investing is slow, but can give you good profits in the long-term if you have invested in assets that can grow in future.

Trading also requires time to master. You need to be good with both fundamental and technical analysis. You need to stay updated with news and other global events from time to time.

Nobody controls bitcoin. Banks are not even in the picture. The price of bitcoin and other cryptocurrencies is the outcome of supply and demand. The change in buyers and sellers for the coin results in its price movements. The price varies a little from one exchange to another. The supply and demand is also affected by external factors such as news and regulations on crypto exchanges by the government.

These are some solid points. Cryptocurrencies are more volatile than any other market. It’s also new. Traders need to know what exactly it is before getting into it. There are many excellent resources that one can follow. Staying updated to news is a must to yield long-term benefits of crypto if you’re serious about this booming market.