Trust no one when it comes to crypto. You do know most of these tutors are merely influencers who are paid by exchanges or by a project moderator to advertise tokens and crypto exchanges, they usually targets influencers whose page is heavily active with activities and engagement. This pattern is also applicable and practiced in the gambling system, where punters get to table imperative information regards the extensive growth of other gambling sites, so it's common in our present day.

I was thinking about making all round improvements in crypto, you know what comes to my mind? The desire to get driven by our determination and consistency to learn more and be advanced in the market. Who knows? We can never explained ourselves to anyone because our activities and pattern of trade should be discreet, mainly for our own safety.

I don't think it's a good idea for a newbie to purchase a prop firm account because it's risky, they will easily liquidate and break the rules of these prop firm accounts. So my answer is capital NO based on the unprofessionalism of newbies towards handling the financial market with in possession of prop firm account.

Purchasing a prop firm account when you're newbie in the system? Of what use is this prop firm if the individual in question does not have a clue on how to trigger its purpose? Prop firm accounts are for the professional traders because they've undergone training and learning the basis of the market, they easily don't get move b the volatility of the market. But newbies do get attached to the volatility and become vulnerable.

Many people profit from trading BTC and, of course, other coins. The extent to which people show that they are profiting will most likely depend on the number of people who show that they are profiting, too. If you are trying to profit, you can trade with the right tools and risk management. It is possible, and that's if you can handle the risk as well.

No one should be forced to trade but once you do, you need to know what you are doing.

We can rich and also poor in the market, it all depends on what we stand to achieve and accomplish. Have you ever come close to accumulating profits but at the end of the day, no tangible profitable results is been recorded? The market can ruined the lives of some many people in the space, it can be challenging for them and some can also find the same market easy. Predictions go out of plans often, not everything we'll be right with our predictions, you do know that? Trading strategies will either make one explore in the market or limits profitable runs and open arms to losses.

Taking loans for trading or gambling even if you believe there is a clear sign for you to make some money is always a bad idea because these are unpredictable things and you can't be sure of the outcome in both gambling and futures trading because your bet can always go against you and then you will be in big trouble if the money you had at stake was borrowed and has to be repaid with interest and now you have nothing left in your hands.

Those who are into futures trading do it with money that they own, and they know they can afford to lose it if a situation for that comes. Such things are also done only by experts, those who understand the market very well and they know that they won't make a lot of wrong decisions, and even if they do, they know they have enough back up to get themselves back up instead of losing control.

We can not stop learning as long as it concerns cryptocurrency. There are basically new things to learn every blessed day of our life's in the space. We make proper planning inother to avoid excuses for next term, we move closer to making our goals come through by analysis and determination. I'm curious of taking a bold step, atleast to be entirely separate from others when it comes to winning. We make our own mistakes, hold unto the blames and looked for ways to correct them.

Lose and profits are the two factors that will determine if you're profitable trader or simply not suitable to be called one. Trading is all about the mindset, we build them and become pro in the market. We know how difficult it will be for most people to accept their fate in the market when one have seen the heavy losses and profits.

Hmm, I would have loved to comment on this topic on a serious note, but according to how serious the market is these days, Honestly Dont trade buddy haha otherwise your account is going to be rekt in a few minutes.

Just looking at the charts I feel like, this is the worst time to enter the market even though it's highly bullish.

The best choice is what you have said there and that's becoming a long term holder. Still many doesn't understand the essence of long term holding and how profitable it is.
I think they're because short term on this market and wants to extract as much as they can and to profit as quickly as possible.
The traders remain too because they're in it for the profit but it takes time for them as well to become a profitable trader. If I can choose for others, I'd also say choose to be a holder.

All matters on how you would be able to sustain because at the time or moment that you do deal up with trading and we do know that there are different types of trader on which you would really be neither to have that daytrader or would be a scalper or would be that a long term ones. If you are planning to become a day trader then make it sure that you've been that good when it comes to spot trades on swing then you would definitely at least have the idea on what you've been dealing on specially when dealing up with volatile prices in short time candle time frame on which i would be saying that it would really be that much needed and wont really be putting yourself into some issues at the time that you've decided to go with another path or way on how to trade up with the amrket. Losing money is really just that normal because you cant really be that perfect when it comes on trading up with this volatile space. No matter how old and veteran you are but still you would really be able to experience loses on which this is really that something inevitable. If you dont like on losing money then trading isnt for you or any other similar investments or even on gambling. Dont day trade if you arent that good when it comes to swing trades or higher timeframe on which you would be able to have such difference.

It’s very important for whoever has so much interest to be in groups where differences of people are dropping signals about the trading, although they are some of the group that they will drop signals about the trading, but at the end of the day they will fall into hands of scammers, and like seriously, you see those that normally fall into the hands of scammers are those that don’t want to put effort into making research on their own.

We all know that there are big risks in trading, but at times, if someone has a perfect group where they're receiving accurate signals, the loss will be limited, because the lack of perfect signals and sufficient knowledge about the trading can definitely cause too much loss of their money in trading.

Let's say you were one of the few investors who bought a coin when it was at its peak, only to find out that it's now dead (both in development and trading activity). You now "hold a bag" (bagholder) of worthless coins sitting on a wallet.

In such a scenario, what would you do? Keep "holding" until the coin comes back to life (revival/relaunch)? Erase all of your wallet data (private keys, seeds) and forget about everything (burn)? Or simply give it all away to someone else?

Your input would be greatly appreciated. Thank you.

One thing I understand about trading is that we all have different mindset and different perspective as well as different strategies and just in a lame man understanding you would know that a trader is one that beckons on its profits and they are very intentional in making sure it's profits or nothing and mostly the losses generated always poses alot of threat to their results so then they look for means to make sure it doesn't which includes involving in anything beneficial and making research can be one of them no doubts.

Regarding the point of view, yes I really admit that most beginners or people who do not know about what and how trading actually is, they think that this is an easy alternative to earn money, I do not know what the reason behind this point of view is but I am sure that the success that is often shown by successful traders often creates the wrong point of view, meaning people only see trading from the profit side as they see from the success of others and indirectly this is also the reason why there are always some beginners who end up just wasting their money and time when they try to jump into this trading world.

On the other hand, of course, getting profit for a beginner is still possible, but of course the losses will be greater than the profits because after all their knowledge and skills are still very little and this is the reason why a trader is required to never give up on learning.

So it's really about understanding the psychological aspect, because getting better at trading is not just about independent research, but also the ability to control emotions and think rationally. This is all to avoid panic, by practicing self-awareness, using a planned trading strategy, and learning from experience. Then we can reduce mistakes that are influenced by emotions.

So, trading is not just about money, but also training the mind to be better at seeing the market. Again, if you invest in bitcoin, there is no need to panic because the price will definitely go up again, you just need to hold it then you will get profit, unless you invest in altcoin.

Base on your previous experience you lost it all in trading, and you still want to continue? you even have the courage to take a loan even though you don't have a source of income? are you digging your own grave here?
How about your expenses how would you cover it if you would only relay on your trading skills?
You're friend isn't wrong to suggest on finding a source of income first before jumping back into trading.

This issue of mentorship was common back in the days when the internet wasn't there. People had to rely more on others who they saw where doing better in the career path they had mapped out for themselves. You know there were no much means to get knowledge from outside your environment, that's one thing that made many people relied so much in having a mentor. But in this present world that idea or thinking that you need to have a mentor before you can succeed is gradually fading away. Because people have now understand and realised that they can succeed on their own without a mentor. The internet has now made it possible for people to have access to informations and materials that can help you discipline yourself till you achieve your desired goals in life.

People having hard time with these results isn't really new, when you are a beginner you should be getting bad results and people are used to it by now as well. I know that it is going to be tough, but we can't make it work some other way, we need to just accept it as it is.

But when you gain experience, and start to learn more about it, you start to get better results as well. Of course this isn't a simple task, but if we can do what we want to achieve to do, then we are going to get a lot better results. Many people end up with bad results because they can't approach it with steady mind and calm emotions, too many people are frantic with their moves and that is the number one reason newbies end up losing money.