You know, I decided for myself this way, I will never know when the price will be at its peak, if I made a profit of 30%, I already start fixing.
Of course, it still very much depends on luck, no one knows which cryptocurrency will give x10-100. Usually such projects are in the shade and you find out about them too late.
If there are people who are sure then take risks, just do not risk all the money.
The pain of loss will cause you more suffering, you will be deeply depressed.

It's funny how some people consider their profit to be more higher before selling, I always believe that once I'm able to get up to 10 percent profit on a coin in spot market then I've made my profit, I learnt that the crypto market is volatile and unpredictable and therefore you must take Profit when neccessary

For me I always prefer binance maybe because the easiest accessibility and user experience and the way the interface is arranged and the flexibility is top notch, other exchange I prefer are kucoin, UNISWAP and pancakeswap

I think its a matter of choice, but i agree with your conclusion part of your post, bear times are the best times to invest in crypto for long term, but some people who are very good with trading still trade in this period and they make profit, ive tried trading many times but ive seen more loss than profit , so i quit trading and invest for long term, so this is my choice, this is why i said that it all boils down to choice.

I've always been an advocate of know your onions, if at all, all of us know that we are perfect with then we'll move on making good thing out of it, those who believe in trading make a good profit while long term holders too meet up their expectations

As far as I know, thanks to these groups it is their owners who earn money, because they create a cozy atmosphere for themselves. I always hear only negative reviews about signals, and even more so about the corresponding telegram channels. And free cheese can only be in a mousetrap. Although it will be a complete fiasco, if someone else pays money, but that he will be robbed.

You get it man, most of those signal groups on telegram give a fake call, I can't really call it fake though, because most time those that benefited from it are the admins and the paid members of the group, they'd have agreed to buy a particular coin, after bagging it, they'd give the same call to the free members of their channel so that they'll pump it for them to take profit.

I lost over 2k$ from all these free call of signal on telegram

Well, bitcoin can be as bullish as it wants, as for me, am never buying bitcoin except I can afford at least half the it which is 0.5 bitcoin, bitcoin is already very expensive and and investing any amount from 10,000 usd down won't likely give me the kind of profit I want, so am just gonna invest it on very good altcoins that are capable of giving me 5 to 10x in a bull market, bitcoin is already made and its only suitable for the rich guys and those who have no appetite of taking much risk, as for me, I love risking my investments on cheap altcoins cus that where I can make the kind of money I want when I jam the right opportunity.

This is one of the thing I was saying to a friend when he was advising me to bag some Bitcoin, I told him I don't really have alot of money to make a reasonable profit on Bitcoin, because I can't buy 50usd of Bitcoin and expect a greater reward, the 50usd will only be 100 when the current value of Bitcoin multiply by two, if I can't afford greater than half of the market then it's useless

I would say the higher the risk higher the reward but every investor does not like such investment and even some don't have the guts to invest in the highly fluctuated market because to trade cryptos one must have knowledge of crypto market behaviour. But I see the trend is changing cryptos is getting popular and many new investors are approaching to invest in the cryptos and that's a good move for the crypto space.

You see, the volatility of crypto currency market is why some people decided not to invest in it because they cannot risk money they don't have Dominion over and they failed to realize that the rich people are the risk takers

If a coin has a good tokenomic there is no need for the token burn. Token burn proves that a project has unhealthy tokenomic. For instance XRP. Team still holds more than 60illion coins. This is awful. For instance, XLM did burn half of the total supply it did not affect the price that much.

But I agree, if there will be a token burn, it should be from circulating supply. Team should buy back tokens from the open market and burn them. And Binance really does this very effectively.

I so much agree with what you said, some coin burnt their supplies yet it doesn't reflect on their price, but saying a coin as an unhealthy tokenomics if it were to be burnt, does that means even BNB as an unhealthy tokenomics, because of the way CZ burnt it frequently

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