Since trading is directly related to money, it certainly carries great risks. So a newbie must take training before starting trading. There are many traders who are not willing to do demo trading. They are also willing to lose to learn. Because they do not consider the money used for learning as loss. Currently for learning and as a newbie who wants to earn he can earn there by copy trading though there is no guarantee that he will profit there. If the trader follows a successful or experienced trader then he can learn trading very quickly.

Yeah you're right, but at the same time I feel them. When I was new in trading, because of the wrong belief that trading can make you rich quick, I directly enter into live trade instead of doing a back test or forward testing. As a result, I experience losing money even though I lose 1$ in a trade but if we combine the loses that you make it weighs a lot. This was the mistake that I made in trading before that might possible to happen to new traders.

Quote from: DAMKAR on April 23, 2024, 08:30:57 PM

If we don't have much time in crypto, we should be a holder, because we only buy when it's bearish and hold until the next bull run. I also don't have much time in the crypto world because I'm busy in the real world, so I only trade on weekends when I have free time.

Not many people can afford to have a lot of time to always be at the exchange, so we have to be able to manage our time to always trade well. Becoming a holder of several potential coins is the right step.

You're both right, I totally agree that becoming a potential coin holder is the right move if we don't have time to trade. Trading requires free time and of course we have to focus on making market analysis and making price predictions that will happen. This is very difficult to do if we are busy in the real world

Quote from: Agbe on April 25, 2024, 09:53:34 PM

Quote from: Captain Corporate on April 25, 2024, 09:08:02 PM

I do believe that we are going to be in green for the longest time, its not going to get to become a red for a long time. Not saying that we are never going to see red, it is actually going to be something that will be temporary and not going to get any different because green will be the end result. This should be something that could actually change it. I personally believe that we are going to end up with seeing greater and greater results with coming months in the future, we just need to hold it as long as possible.

The halving was really red as the Op stated it clearly in the topic. And even the mempool was brutally red. But the green has been there before the halving and still on the green till now. And now that the halving is over, everyone is expecting the ATH. And the predicted price of bitcoin in the season is $100k to $150k, but we seen the All Time High. We are all waiting for the greater result that is coming.

That's right, before the halving occurred, many coins had increased in price and bitcoin had also touched a new ATH, so after the halving it looks like we will enter a bearish season where the price of bitcoin will fall slowly. To increase the price to $100k is very difficult and unlikely to happen this year.

Anything can happen in the crypto space, even though we see that the current bitcoin market seems to be struggling, we don't know what will happen in the next 2 or 3 months. If there is good news about bitcoin, I think bitcoin will soar and touch the previous ATH again. so be patient and wait for what will happen in Q4 this year

For long run keeping then container of money i.e if it means holding in a non custodial wallet  and for easy convertion of holdings then CEX. It all depends on your goals.
If this isn't what you meant you could try and elaborate but a wallet should be as private and have only your access like your normal Pocket wallet.

Inasmuch as self custodial wallets are considered to be the safest when it comes to bitcoin storage, let's also consider what what happens when someone loses his private key, that means only one thing, all your funds are gone and can never be retrieved.
But a reputable exchange on the other hand could also offer strong security measures to protect your funds, and are also very easy to use too.

Plus, some of these exchanges also have insurances to cover for any losses, just incase something eventually goes wrong and you end up incurring some losses. And being government regulated adds some sort of an extra layer of security on it, even though it wouldn't be the best option for those who value anonymity and privacy, it's still worth considering when looking at safety even though you might argue this.

Quote from: de_prof on April 25, 2024, 02:41:56 PM

If you have free money to hold long term and wait for your target to be achieved, it could be said to be not important. but as a small investor who has limited funds to wait until a target that is too high is achieved, that is a difficult thing to do

That's right, we have to pay attention to small things in cryptocurrency price movements so as not to make the wrong decision. Due to limited funds, we have to be careful when we want to get into cryptocurrency. Always pay attention to price movements so that we can determine the desired profit.

That's why we have to do research and make an analysis before investing, so that with limited funds we can make a profit and not lose due to wrong investment. Caution and experience are the main capital in investing.