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Bitcoin is a very interesting asset to trade.
I am always hesitant about trading an asset class that has not gone through a macro economic boom and bust cycle.
So when we look at these types of charts there is a very real danger of drawing a false confluence.
In saying that to me there is a...
Only ever use 0.25 to 2% of your account on any given trade, trade using a system not on emotion. Research how others make systems and what the most profitable systems are. Then you can make your own decisions.
Never trust in anyone or a system blindly.
Always trade in a Demo account first...
I dont trade in a discretionary way. I always trade systematically or algorithmically, because my emotions will get in the way otherwise. But yes I've been profitable
24/5 Market and that it is so liquid on major pairs. There are alot of strategies that can work, but I enjoy trading a variety to give myself the best possible chance to be in the green
This is all strategy dependent, ie are you targeting volatility/scalping (that means you want liquid pairs) and another one is mean-reverting (that means you want countries that are closely correlated)
Don't ever put all your funds in one investment. Always allocate your funds across a variety of investments.
Bitcoin is still one of the most risky and speculative assets, and will be for many years.
I don't think it will go to zero as there is too much interest and there are buyers.
I would...
Check out Binance, I think they have a Demo Trading Account otherwise open a small live account.
For Crypto think of ultra small penny stocks. Most will go bust.
Bitcoin and Ethereum are really the only coins that have fared well through several bull/bear markets. Stick to those to begin with...
There are a number of reviews out there. Depending on how tech savvy you are another option is to run a cheap Virtual Machine in AWS or Azure, you will get a lot more out of it depending on how many EA's you want to run and if you want to scale your efforts into more complicated algorithmic...