The major reason that brought me to cryptocurrency is to make money. It is after I have started to understand what cryptocurrency are that I saw other good things that cryptocurrency can be used for.

The categories of people attracted to cryptocurrency and their reasons sometimes

People in search of money, that were introduced to cryptocurrency as a means to get rich. They had the idea of cryptocurrency as something to get rich from, but now they know better since adopting cryptocurrency.

People that are rich already, just need to invest.

People that are looking for ways to hide some of their money from people, say their partners or the government.

People that were looking for better ways to send money to people in other country.

If other markets have ETFs, Futures and Spot, Bitcoin must have the same to infiltrate more into investor communities. It's responsibility of investors who decide to not buy bitcoin directly but invest their money into Bitcoin ETFs. If anything bad happens with Spot ETFs they invest money in, it's their responsibility and they have to accept any bad results in future.

People or entities are able to invest in Bitcoin Spot ETFs would be rich ones so I don't think I should feel regret for them because with very bigger capital, they would do more research than me about Bitcoin and they would have better risk management than me.

I think I really agree with what you said that a bull market has not yet been seen and it is too early to predict.
in my opinion, given the current situation there will be another correction, but this correction will provide a jump before the halving era to come.
of course the correction will give enthusiasm to continue buying and holding for the future.

There is no time left for a big correction to happen at least during this summer cycle so for now , I think the thread title is right as BTC is making a big resistance wall around 30$ area and I don't see any chances to break it anytime soon.

You're right , Bitcoin might do a jump between prices around 27-29k area and it's normal but it might also be an accumulation phase right ? we saw this in the past and I'm sure it might be one right now as well.

Well , Bitcoin could go under 26k but if that happens , it should be in August right ? because as soon as Autumn hits , we might see Bitcoin trying to stabilize around 30k area for a while as halv is still far to have any direct influence on Bitcoin price. Also , there is always a possibility for Bitcoin to go even under 25k this year but I have doubts on this. 

I disagree the way you use cashless payments terms because not all cashless payments are centralized. You're talking about government can track every citizens wealth and spending, it's true if they use mobile banking, credit/debit card, CBDC, digital fiat. But, Bitcoin is one of cashless payment and it's decentralized, even though the government and seller know your address, but they're not know your personal information as long as you use non custodial wallet and never link your KYC.

This is the nature of the inevitable development of any form of technology that we see today. The financial system has evolved from barter to metal money, then gold, then paper money, and now we must move at some point to online payment or Cashless payments.

Of course, the difference in capital that you mention is incredible, because a few billion $ compared to $10 trillion managed by one company together with all other companies/funds make up tens of trillions of $ in value, and all this in a possible combination with investing in Bitcoin definitely tickles the imagination of anyone who thinks about it.

The question of all questions is how much interest there is in investing in Bitcoin through such funds - is it 1%, 5% or maybe even 10% - are we talking about tens, hundreds of billions of $ or even trillions of $?

I do believe in the social welfare state, so I think that the taxpayers' money should be used to provide or at least make more accessible essential services, but the subsidy isn't a great measure because it can be removed. It can only work as a temporary measure, and I guess that's how it's often introduced, but removal of the subsidy should be planned in advance, and occur gradually to allow people to adapt. I think proper programs of social security are better than measures like subsidies, unless we're talking about the state subsidizing certain industries (like public transportation, for example), which is different because it's not on the level of individuals and can be a long-term commitment.

Now we are at the end of July where the Bitcoin price is still stuck in the $29K area and it looks like that is the price Bitcoin will end this month. If you are expecting a price of $40K, I think you need to see how Bitcoin will move in the next month so that everyone can make more informed predictions, especially for $40K because I still don't think that a price of that size will be seen next month. Especially at the end of this month Bitcoin is still stuck in the $29K area.

An easy way to grow money, of course, crypto is the way to go. but with some rules that must be followed.
Not a few people have lost a lot because of crypto.

Investment is not just buying and selling tomorrow, but there is a price target that will be achieved in the long term.

And a good investment is in the top coins, especially Bitcoin.
Those who say they are investors don't even understand the potential of Bitcoin for the long term.

To learn in advance what investments will be made.
Bitcoin will provide great returns if they are patient.

European countries use the Euro directly, but countries outside of Europe do not use the Euro as much as the US dollar. The popularity of the US dollar is due to the fact that the US dollar is the global currency so far. Since you brought up the topic of buying a car, I am telling you that suppose you went to buy a car in a certain country, in that case, you have to pay for the car in the local currency of that country or in US dollars. If you want to pay in euros while buying that car, then never accept Euros for your payment. If the euro is a global currency like the US dollar, you can use the euro anywhere. Another thing you may have noticed is the benefit of a global currency when one's assets are calculated in US dollars.

If you are also asking for the limits in binance p2p, $1k won't give you any trouble as others have said earlier, it is not much of a big money.
And found out that UAH is in binance p2p  - https://p2p.binance.com/en/trade/all-payments/USDT?fiat=UAH.
One way to do it is deposit money to binance and trade it with USDT or whatever trading pair is available to what you deposited.
You may need to do a 2-stage conversion of your money before you can avail the p2p services.
And so far, I haven't encountered any problem as I regularly use the p2p services of binance. They won't freeze your funds if you are not violating any of their AML/KYC protocols even if you reach $1k, which again, is not so big.
As long as you are giving them your credentials honestly, it won't give a red flag in your account.

There is nothing I hate seeing like those thumbnails on Youtube videos, sometimes I think those guys that give predictions and guides about trading contribute to why newbies lost money into crypto because instead of them to be teaching the important aspect of trading, they will be busy saying things that will give them goosebumps and make their adrenaline grow over their head and when they rush and start trading without any basic knowledge and get burn, they start crying like babies.

There is another funny thing these trading guides traders do, they don't in reality trade any shit, they only hold coins and freak out the public with trade settings and hype; the Halving is on the way, just watch how they come back to hype people once again about trading guide and when they make their gain, they vamous and come back the next time there is another hype in the market.

Reading books and watching online tutorials, well, they are enough already to learn but it was much better to have a mentor that guides you for a few days in trading. If we have a friend who already has an experience in trading, we approach them and gain ideas. Because we can't be good enough in trading just having all of those stuff but having an experience would give us more learning and ideas. Generally, we usually got caught up in applying it in live trading, we usually fail because of our emotions.

I disagree.

You need knowledge on what you're going to do before you actually to do it, to have a better result, just imagine investing in Bitcoin but you didn't know what is a Bitcoin address and where to buy it, or what wallet you should use, when is the right time to buy and sell, etc.

Without those knowledge, you'll end up losing your funds because of commiting mistakes, and you don't want that. Even if it is trading or holding, you need some knowledge for you to maximize the profits you can make in the long run.

He has indeed been promoting obscure meme coins, even though he said see what happens I'm not so sure from his words, especially with $1 the price will go up? It's a joke.

He is also comparing too much between PEPE and EGG profits, it will not be the same.

I understand your dilemma here. You are a good guy and want to lead your friends in the best investment possible.

In my case, my friends do listen when I tell them it's not a good investment. Simple, because they know that I know better than them being in the cryptocurrency industry for a long time.
Maybe, the best you could do is set yourself up to have a hierarchy of knowledge in cryptocurrencies. Once they see that then they will doubt buying just anything in the market. Better, they might seek you out for advice.

I don't like having arguments with people who already closed their minds in listening to others especially those who are buying meme coins and supporting them with all of their life. Most of the time, I just ignore them and let them get rekt and that's when I wait for them to come back.

The fact for me is that 98% of people shouldn't start any business with either their family or friends. We know how emotional and illogical humans can be and also because they could find it very hard to separate personal relationships from business decisions leading to  problems, conflicts and complications.

This is  not always the issue though as you have mentioned the Winklevoss twins which in my estimation falls in the 2% sector of people shows that it can work if handled properly.

Before a person fathoms starting a business with family or friends, they must sit down  and clearly define the roles, the  compensation, equity, and boundaries in a contractual manner. Once this can be achieve we are certain any conflicts that may arise in the future would have been nipped in the bud. I would also add that they should be able consider the unbiased advice and of seasoned professionals in the industry when it comes to making critical decisions about the business.

You are now talking not about support from the state, but about full-fledged influence on agribusiness.
On the one hand, I agree with you - in countries where there is a real problem of growing and providing the local population with food, state regulation and partial management, this is a necessary measure.
I also consider as an acceptable option - closer interaction with private agricultural companies, in crisis situations, when a private business has force majeure circumstances caused by external factors (war, natural disasters, terrorist attacks, ...), and these agricultural companies cannot "survive" on their own ".
In all other cases, the influence of the state, as a rule, negatively affects business (and we are talking about private agribusiness).

If we carefully read the information about the movement of assets on the whales' wallets, we will realize that these are not just moves, but moves specifically on the MARKETS. People transfer assets to exchanges for what? Right - to sell or buy for one asset, another asset. Therefore, I, with high probability and assume 2 options - sale and exit to fiat (perhaps something know) or a global change of the "leader of the crypto world", other options explaining the transfer of huge amounts of bitcoins and assume I can not assume. In this case, the option "they just transferred" - I do not consider, because it is absolutely allogical.

I think the answer to op's question depends a lot on the circumstances and personal beliefs.
Do you think that dealing drugs is a crime (not from a legal standpoint, but from a moral standpoint)? What kind of drugs or does it not matter to you? Another question is whether this person wants to abandon the current activity for something Bitcoin-related or not.
To me, it matters what kind of drugs the person's dealing, whether this person is engaged in other, more violent forms of crime, and it's a big plus if this person is seeking to escape the drug-dealing industry.
I wouldn't help a violent person, or someone who deals heroin and something of similar very strong and very negative impact. I also wouldn't help a person who deals drugs to minors. But if it's something lighter that adults get for themselves, and the person is alright (not aggressive), I wouldn't hold it against him.
All that aside, I wouldn't give anyone financial advice, I can merely help to learn more about the currency, wallets, basic security, and stress the risk of investing. Also, I wouldn't normally dedicate my time to someone I'm not friends with, unless it's something like paid private lessons.