Im absolutely agree with your topic title, yes we need to use our money in our life, because the reason why we all want to earn money is yo support our all needs, and family needs so if you're going to hold your bitcoin for life, what the use of it? Having more money without using it and enjoying it is nothing and that is silly.
We want to earn money in this owrld to enjoy the life of being human, not to hold that money for lifetime.
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Bitcoin is getting more expensive and became more popular in the entire world and yes it's a serious things that can effects its price that why more people invested their money there to make money, and that the reason why there are some people in this world says bitcoin price will defeat the price of gold.
Gold is hard to use to pay your bills but using bitcoin you can transact in all over the world without any trouble.
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In my own observation government cant control transaction because bitcoin is decentralize means nobodies has control on in, maybe if you let them know about your bitcoin transaction, so in that point they can control or limit your transaction because you allowed them to control your situation.
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They afraid about bitcoin because they do not know how bitcoin can affect their lifes, and they are not even know how to earn using it, and most of them think that bitcoin is scam or something not real, or just and imagination.
If you have enough knowledge on what bitcoin is, and how bitcoin can change your life, or how to earn money using it, there is nothing to afraid about bitcoin because you will become more confident to use it to make money.
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Holding is word for rich people and has big investment fo make money, isn't advisable for small because if you need money, you dont have a choice, you need to convert your bitcoin to local currency where are resideding.
If you have enough money then holding strategy to make money is for you.
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Even bitcoin is not yet legal in one country by means of law or any other way it doesn't mean we cant use bitcoin because bitcoin is decentralize and we cant use it without any permission from our government.
Since I started doing business with bitcoin I never encountered trouble using it even here in my country bitcoin is not yet totally legal, because I never notice if there is a law legalizing bitcoin as digital currency in this country.
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Since I started making money using bitcoin I never encountered trouble using bitcoin in any transactions that I made for four years. I use my bitcoin to buy mobile phone loads and its take a seconds to get successful, and if I need to buy my basic needs I converted my bitcoin in to cash.
You dont need to worry, bitcoin is very convenient to use in any transactions you need to do.
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Base on my own observation bitcoin now is more expensive than before, just what we can see if we look its history there are a big changes happened, maybe because of many people use bitcoin now a days than before and that is the big factor why Bitcoin price increase.
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It is possible that rich people can cause of bitcoin ban, just like what the author said if the rich people invest big amount of money in the crypto then, the government will feel bewilder because they cant collect taxes if millionaire people will invest only online so the government has no incime that situation will happen, in that way the government will make a plan on how to intercept crypto transaction or will leads that situation to ban crypto currency.
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In my own observation about this situation, bitcoin to day has not enough power to supplanted dollar as the king or primary currency in the whole world, because dollor is more popular than bitcoin.
Bitcoin will supplanted dollar if all people in this world stop using dollars or even other local currency and use bitcoin as one and only currency , but I think i this thing will happen, maybe after more years and generation if the government pass a laws commanding their people to use bitcoin instead of using their local money.
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Yes bitcoin is anonymous because from the beggining until now no one knows who invented bitcoin and the idea of this came from, but even all crypto currency like bitcoin and the other digital currency are anonymous its doesn't mean we can't control it, so even the origin of those currency are not yet revealed and still anonymous we can still use it to make money, so nothing to worry about that.
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For me, having a knowledge about bitcoin is one of the greatest achievement that anyone can experience because if we have enough knowledge about bitcoin on how to make money using it we can build good future for ourselves.
We can say that knowing bitcoin is great achievement because it is beggining their journey in life to make money in easy way using digital currency as investment.
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If we know how bitcoin change someone lifes and how to use it wisely then bitcoin is one of the good investment for us, because if we invest in bitcoin now after several months we can make a good income on it, just focus on the way you want to to earn money using your bitcoin.
Bitcoin is new investment for someone who is new about bitcoin but for us who knows bitcoin for more than a year it's not new investment but good investment because we made money by this and we can make more if we continue trusting it.
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When I was still a newbie to crypto many people told me to keep holding and that's all I did for many years and in the end I ended up with many dead coins, whenever I keep seeing people talking about patience as if it's the only thing a newbie need I always shake my head, the fact is you need more than patience to get good results from projects, having patience sometimes will get you nothing
Yes patience is not always the optimal way to achieve what we want in life. If you want to hold your coins in your wallet make sure you're done of rigorous studying about the possible future of that coins because not all project has good future, some of them has not good end. In my own opinion holding is the term suited only for primary digital currency like ETH, BTC.
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Bitcoin price controlled by all bitcoin users because the many people who use it the highest chances that Bitcoin price will rise, because according to the law of supply and demand if there are many people who are willing to use and buy that certain products the price of that product will rise.
Bitcoin users has the primary responsibility about bitcoin price concern.
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Gor me if you realy want to earn money using your bitcoin you need to hold it for long time and wait for good things happen in the market situation, and in that situation you can make your own profit.
Holding your bitcoin in your wallet is little risky because its price is uncontrollable but if we conduct our own study about Bitcoin price history we can prove that holding your bitcoin is not wasting time or not wasting money because there is a big possibilities that the price of bitcoin multiply after several months.
Remember before you succeed you need to take the risk and sacrifice a little things, but yes it just my opinion base on my own observation.
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In my own experience bitcoin never been failed as money or digital currency since I use it as other form of money, I pay my bill and cellphone load using it, and I never experience any problem using it.
As of now, many establishment accept bitcoin as way of payment so, in my opinion there's no possibilities that bitcoin will failed as money.
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For like me have a simple life, I use my bitcoin to support my needs and wants, but I never use it in online shopping even we experience world pandemic now, because paying your bills online is very risky, so choose to cash out my bitcoin and buy my needs anywhere I want in my county.
Bitcoin as digital currency is very convenient to use to buy anything we want but for me you need money to buy something it is better to convert your bitcoin in your local money to buy your needs than using your bitcoin buying something online.
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Holding and wait for the time that we can make more profit is the first and basic strategy that we can do to make money, but holding besides of negative things happened in the market is risky strategy but if the things we are hopping happen, we can make more income by just holding your money and wait until something good happen in the market situation.
Hold with Patience and believe on what you've been studied is good strategy to earn what we expect, because before holding a certain coins in your wallet you need to conduct your own investigation if there is a possibility to make more money if you hold it.
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I personally believe that alt season over. but some people are saying that the season is yet to arrive. what are your opinions?
What is happening in altcoin situation is a normal Situation of being digital currency, having unpredictable price but isn't the reason to say maybe end of altcoin is coming soon, even bitcoin has an experience like this but after a year we saw the changes happened. The end of altcoin is depends on the people who use it as one of their source of income, because the many who use and buy altcoin the higher possibilities to make it more expensive.
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