A new wave of institutional investors based primarily in North America has supported the current market.

In the crypto world. the term institutional investors meant a variety of crypto quantum companies, bitcoin miners and early investors. The composition of market participants gradually changed this year to include a new group considered by the traditional financial world to be institutional investors.

A prolonged period of consolidation of the low volatility price often paves the way for a big move on either side. The longer the recovery, the more violent the breakout is.

However, the volatility metrics have not yet reached abnormally low levels, while the cryptocurrency is stuck in a narrowing price range.

Coinbase states that the spread should be around 0.5% between a fiat currency and a cryptocurrency, but may very depending on the trading pair and the order queue.

Fees get much expensive if you buy or sell less than USD 200 or equivalent. A $10 order, will generate $0.99 in fees, or 9.9%. For a $100 order, clients pay 3% in fees.

In the years 2019 and 2020, Tesla certainly had a bitcoin like bull run. It was truly staggering. Tesla spent most of the past two years out bitcoining until this fall.

But Tesla, by market cap, is now one of the largest companies in the world. The market cap is already many times higher than where it should be based on its business, but people like it because Musk is well known and Tesla is the leading edge of EVs. It only has no much higher it can go. It can definitely continue to go up, But investors will begin to ask themselves at some point why Tesla's market cap is larger than all the other main car companies combined, despite doing a tiny fraction of the business they each do. Now, of course, the stock market is not really based on economics, but o the psychology of what you believe everyone else is going to do. But instead, it's just based on the psychology of what you think everyone else is going to do, but people are still going to start getting scared at some point of holding onto Tesla at such astronomical prices, while bitcoin won't have that issue.

On the other hand, bitcoin is just beginning its ascent. In the next few years, Tesla may still be able to double its market cap, but bitcoin may be 10 times its market cap in the next few years. There's no comparison really. Tesla had to act like bitcoin for a few years, but it's at the end of the period, while bitcoin is just beginning to heat up again. Since the bottom of the covid crash and the bottom of the bear market, we have already seen an order of magnitude gains, and we're likely to see another order of magnitude over the next 2-3 years. To keep up with bitcoin over the next few years, Tesla would have to become like a $6 trillion dollar company,haha.

In crypto currency industry, bitcoin is still king, I'd say bitcoin, in fact is a hegemonic leader. Whatever your opinion on bitcoin, you will at least agree that it is not possible to challenge bitcoin's dominance of this industry.

A true crypto currency industry was born after the advent of bitcoin. Every crypto currency project in this industry dreams of only one thing, taking the place of the king and becoming the new king.

Unfortunately for these cryptocurrencies, for a very long time to come, bitcoin will remain the king in the cryptocurrency sector, For this, I see three primary reasons:

1) Bitcoin has been able to leverage its first mover advantage. Bitcoin's success for more than 11 years reinforce the trust of users in bitcoin's security and its future.

2) Truly decentralized with no leader, Bitcoin belongs to all and on its network, anyone can decide to become a node.

3) Innovation is permanent around bitcoin, What makes bitcoin so valuable is the electricity consumption necessary to produce new bitcoins.

Market corrections are normal. After the journey to the moon, we can see some dips. Since Elon started promoting this one, although his tweets are just for fun or what, it attracts many people's attention and makes the price of bitcoin move forward, as long as there is no news that can affect the bitcoin price and make it drop, it will continue to pump, so if you buy last time when it becomes $32,000, you're lucky it's going to go to $37,500 now somehow.

When it comes to risk management or how much you should spend % of your total capital into your trades then its up to someone's decision and this will really vary from person to person because we do have different capacities when it comes to financial aspect and the level of risk management.

It doesn't matter if you use 5% or 10% or even more as long as you have seen some opportunities for you to take advantage of it. It's up to you. It's your money and it's your right whatever position you'd like to take.

Just make sure that you are aware of the risk of putting up much bigger, but if you are a type of trader who does not really like to get some peanuts, then if you are a type of trader who does not really like to get some peanuts, you can always opt for a bigger trading position.

It depends upon your objectives. Bitcoin is a better investment for potential short term profit, but you have the potential to lose a lot of money as well. Gold, though, is a stable investment that is almost guaranteed to make a long term on your investment.

The common mistake that beginners make is to follow investment advice from people they don't even know that they read on social media or on bitcoin forums. The internet is littered with advice for crypto trading, much of which is from individuals trying to talk up the coins they hold themselves. These coins can even be part of organized pump and dump schemes in some instances. If you are going to follow someone's advice, make sure they are real experts in their field and not strangers distributing advice while hiding online under a pseudonym.

The year 2021 began with cryptocurrency surprises and may also end with another surprise. The price fluctuates around $33k, given the hesitation of investors. It will be fixed once the ATH price is renewed. If bitcoin passes 42k, then people leave their greedy personalities again and started massively buying bitcoin. Not many individuals are exposed to bitcoin, so more than that will be bought by the next wave, and perhaps bitcoin will double its price during the year.

Bitcoin is just starting its bull run, which is expected to continue for a whole year by the end of 2021 if it repeats its history, and this is something similar to 2017. This is the year in which we 're going to see FOMO kicking in and many individuals rushing to exchanges like coinbase, primexb, kraken to buy bitcoin just because the prices are going higher. We now also have the involvement of institutions that will further add to the fire.

Because of its features and fundamentals, it is viable, you have interest growing globally, thus driving volume on exchanges such as Binance/Kraken up and institutions that are involved and bitcoin services are being built.

You can buy cryptocurrency online at cryptocurrency exchange, or you can go to websites such as coinbase or cryptoexchange. You can also mine it, where you can get it free of charge, mining utilities the power of your computers to fix math problems and provides you with cryptocurrency as a reward for doing so.

It is very likely that we saw in 2017 that the same Fear of Missing Out, or FOMO, pushed retail into crypto and the bitcoin price to its all time high could be replicated as institutional FOMO in 2021. A rapid acceleration in institutional cash coming into bitcoin would have a much greater and deeper impact in bitcoin's long term valuation the risk is for a parabolic move in the price of bitcoin in 2021.

If you have a low risk tolerance and want to prevent volatility, the way to go will be to invest. But trading could be appealing if you're more of a risk taker and would like the opportunity to earn big returns quickly. It is essential to understand that trading and investing need not necessarily be mutually exclusive.

Bitcoin is not for investment, it is for speculations as it goes up and down and there are very good chances of either selling or buying it to make huge amounts of money. However, trading can be found to be the same volatility, just like anything else, bitcoin is just a trading instrument.

You don't have to look for other exchanges, I think because binance is going to be a good exchange. If you are not comfortable giving your document to them, you do not have to verify your account, but your account will be subject to limitations. You can save the USDT or other fiat money on the other wallet, whether it's a desktop or mobile phone hardware wallet or apps wallet. But if you want to exchange a stable fiat coin, I think you can use third party services in your country,such as exchanges.

You need to place your coin on an exchange and trade it with other coins if you want to trade. However, if you hold a coin for a long time, if the price of the coin appreciates, you may also make some profit. There are 2 significant fees that are paid in any exchange. First, the fee for trading and also the fee for withdrawal. The withdrawal fee is fixed most of the time and the coin you are trying to withdraw is charged. From my experience, Binance has the lowest bitcoin withdrawal fee. A trading fee is also charged when you are trading, but this is very small compared to the withdrawal fee. Sometimes, when you plan to pay the fee with an exchange platform utility token, you can get lower trading fees.

With the current institutional investor rallying in the market, the pace of growth is exponentially faster than the last time that it reaches this kind of peak, I think the volatility is a little tamed. I have to disagree with 40K not being a big deal, this is a new record if it ever happens and I think it's a big deal for any price higher than recorded ATH.

Because of its characteristics, the chances are in favor of success being decentralized, immutable, resistant to censorship, limited, borderless, neutral, independent from central banks and governments, etc. Since its inception, Bitcoin has been up 99.99% of the time and has worked and is the world's most secure network. This is why I believe bitcoin is going to succeed.