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Trading that time-frame requires long-term positions. It's just another completely valid trading approach, I think.

AscendAE, which is based in Singapore and was previously known as Bitmax, announced that they got hacked – apparently a hacker gained access to one of their hot wallets and made off with some 77 million US dollars. According to a statement by the company, the exchange then transferred assets...

I think whatever broker a person chooses it's important to pick a licensed company. And by licensed I mean a company overseen by a reputable regulator, not registered in an offshore zone somewhere.

How do you usually manage your risk? What do you avoid and what do you try to do more often?

Bitcoin, currently, is just forming a correction. It happens to every currency out there. Once that's done we'll see a new rally.

I enjoy trading the most when I am profiting. Not so much when I am losing. :LOL:

The Dutch financial regulator, AFM (Autoriteit Financiële Markten) recently issued an official warning against trading and investing in crypto-based assets. According to the regulator, people should not invest money into short or long-term crypto investment opportunities. This is not the first...

Stressful, yes, I don't know about tedious. There is money on the line when trading on a live account, that can never be tedious to me. :D

If I did not love trading I would not be doing it, it's really that simple, I think.

These are all excellent pieces of advice! I especially agree with 5). People say to suppress one's emotions or ignore them, but that goes against human nature and it is not healthy in the long run. I think it is far more prudent to accept them and learn to be in control of them.

Most aren't even scammer, I think, they're just incompetent. What competent trader would waste their time teaching when they can make more money off trading?

Train yourself more on a demo account for as long as you can. Create a trading plan and follow it closely. The rest is a matter of habit, I think.

According to recent data, for the first time in history the average quarterly volume of transactions in USD recorded on the Bitcoin network surpassed the volume processed by online payments giant PayPal. According to said data, this year the Bitcoin network processed an estimate average of 489...

What do you mean by a trading formula? Are you referring to a trading plan? Every trader certainly needs one.

Most traders are self-taught. There is plenty of free available information online and it is quite easy to find it.

Most traders don't develop strategies of their own from scratch, especially not newbies. It takes a lot of knowledge and experience to be able to create a strategy. Most traders use already existing ones.

I barely listen to any, but if I do, I avoid any music with lyrics in it because I don't want to get distracted by trying to listen to them.

I agree. There is always a lot of information about such pairs, unlike the exotics, that makes them useful to newbies.

Shortly after the news that the Indian government intends to lower the taxes of crypto transfers and regulate them, they came up with yet another idea, going back to their usual plans to ban them. This time the plan is to ban all private crypto assets in the country. They intend to integrate...

Everyone trades to make a profit but very fuew actually make a profit, even though that is the main motivation of pretty much every trader out there.