is it true that accounts that are not KYC will be banned, or just can't make trades and withdrawals before completing the KYC process?
however, binance is currently in the spotlight as the best exchange, so there are a lot of users, and I think the government will indeed target binance to immediately implement KYC regulations for each user. however, for those who don't want to verify KYC on binance, it may still be possible to try another exchange. well, regulation like this seems to be coming to CEX sooner or later.

Currently, I still continue to use CEX and DEX exchanges. for CEX
Local exchange (to exchange crypto to Fiat)

• Binance
• Kucoin

for DEX

• Uniswap
• Pancakeswap

I think, most people will use the exchange. For now, for global use, I use Binance to trade or store my assets before I use local exchanges. sometimes i also use binance. Meanwhile, for new coins that have not been listed on CEX, Uniswap and Pancakeswap are the main choices.

If you're asking for advice on current investments, then I'm thinking about investing in BNB or Polygon. with the thousand dollars you have, you can have multiple BNBs or polygons, or both.
however, actually I don't understand what you mean by this thread title. After receiving all these suggestions, you need to do some research again, because all the risks are at your own risk

to be clear, both ethereum and BSC are still being used today, and both are still very good and worth using. each outweighs its advantages and disadvantages. only, BSC is still under ETH. although currently the use of BSC dominates, but the fact is that ethereum is still at a higher volume. we don't know in the future, but currently ETH is still above BSC even though the fee is quite expensive. personally, I use both, and love it. no need to look better, because both are already very good. just look for one that is comfortable to use, and profitable.

If JP Morgan isn't a fan of bitcoin, or doesn't really like bitcoin, it's hard to see someone who isn't a fan of something would support it. besides, long ago, many people have said that some altcoins will become competitors, or replace bitcoin, even this is not the first time for ethereum. well, ethereum is a very good coin, but there are still some problems that users complain about until now. besides, even when ethereum has become very good, even some people say that ethereum is better than bitcoin, but it can't replace bitcoin, in fact the current movement of ethereum is really still affected by bitcoin price.

the use of bitcoin is intended as a currency, as some of the explanations above, cryptocurrency is an alternative to currency. however, because the price keeps going up, and not all countries allow transactions using crypto, so people turn this alternative currency into an asset and take advantage of its unstable and rising price. personally, i also use bitcoin as an asset.

pretty good analysis. although the BNB price is currently below $400, it looks like it's slowly rising to that price at the moment. well, looks like we need to postpone the $1k price in the near future. Looking at this analysis, the price of BNB will be resistant to the price of $400 when the price has passed $380. at the moment, the price has already reached $380 in CMC, so we just have to see if the BNB price push can reach $400 or not. I expect the price of $400 to be reached in early October. it's still far from $1k, but it's a good start

I also agree that the opinion that bitcoin is an asset or currency depends on the country we are in.
in some countries, bitcoin is prohibited as a currency, but is allowed as an investment asset, just like in mine. So, I treat bitcoin like any other asset that needs to be held long term, or traded.
in some countries like El Salvador, bitcoin is used as a legal payment alternative, so, I think a lot of people are using bitcoin as a currency there. however, what is special is, when the country legalizes bitcoin as a currency, then bitcoin can automatically be used as an asset.
Personally, I use bitcoin as a long term asset.

according to the information I got, twitter is included in the 10 social media that has the most members in the world, and twitter supports the development of bitcoin. if that happens, then millions of people will see what cryptocurrencies really are, and I think over 50% of twitter users will try to use crypto, even more so if they like it. well, I think if a member of twitter will try to invest in bitcoin, it will increase bitcoin adoption, and the price will most likely go up. Well, that's if I look at it in terms of adoption and price. I think there are many other positive effects in the future.

I rarely participate in airdrops, but several times I have participated in airdrops that actually paid, it asked me to complete KYC, and then was given a valuable airdrop, or sometimes before giving an airdrop, we need to do some trading tasks. Well, maybe a significant airdrop has a pretty clear task.
however, I still think that each airdrop sometimes has a different job, even the airdrop on Coinmarketcap also has tasks like twitter like, posting, tiktok, and others.

Recently, many play to earn games like the popular Axie Infinite, and the game is quite popular. I joined one of their telegram channels, and some of them are willing to borrow money to play the game because the ROI looks very fast. however, due to unstable market movements, as well as game development that is still in beta, the game's rules have changed slightly and have dumped the price. it of course creates problems for people who borrow money from other places. however, it would be great if he had other ways to pay off the debt, but it would take a long time if he was only hoping to earn from the game's investment.
So, think carefully before borrowing money. the risk is commensurate with the benefits that can be obtained.

for some reason, I chose 4 coins this time. that is
1. BTC
2. ETH
3. BNB
4. MATIC
looks like these 5 coins will be very big in the future. although it is still in the development stage, what looks quite dominating in the development of the project are BNB and MATIC, while for prices are BTC, and ETH. If a pump occurs in the future, the price of these 4 coins will definitely be very high.

1. of course. whenever you are ready with the risks that exist in the crypto world, then now, or anytime will be the right time to create a portfolio, especially now that the price is falling, so you can have it in large quantities.

2. no one will ever know about it. for now, the development of cryptocurrencies is very different from 2018. IMO, we are currently not going to get a crash like 2018. even if it does go down, it will not be far from the current price. Yeah, but that's just an opinion, you need to make your own decision.

The most important thing in starting trading is

• mentally prepare - this is the most important thing, because as you said, sometimes things are not what we think. we can even get a big loss.
• have money you can sacrifice - meaning, you don't use your main money in this. Let's just say this is your first try, and you don't use it for your daily needs, even the money you borrowed. it can make you sincere if you lose the money.
  

after having these two things, what you need is complete information, and also analytical data. you can't get it easily if you don't learn it. however, don't trade like gambling. You need information to know the movements that will occur. You can read some of that information on cointelegraph, or any trusted group you belong to.

I didn't expect that the same news from China had the same effect over and over again. bitcoin - altcoin - crypto, banned many times and made the price drop fast. however, I don't think that such information will bring the price down again, but it looks like China has considerable power in making moves on bitcoin and others crypto. In fact, just a moment ago, Evergrande also affected the prices of investments, including crypto, and that was also related to China. but I believe the price will recover. So, let's see how the price recovers
 

the bitcoin price has now reached $42k again, and this is an opportunity for you to buy again if you think that the past few days were an opportunity to make short-term money. If $44k or $45k is a high price for you, take a look at the current prices, might come back thinking that this is an opportunity you can take advantage of.

however, always hesitate in making decisions will make you fall behind again. even when the price drops like today, but the hesitation to buy for fear of a more severe dump will still exist. but if you have entered the crypto world, you have to face it. Therefore, invest the money you can lose, it's better than using your main money.

Yes, it can happen, but it's highly unlikely. based on my experience, of the 10 shitcoins I hold, maybe 1 or 2 coins still have a price. however, I think for shitcoins like coins that are scams, or coins that have problems, I don't think it will have a price. I know some coins I hold that will not have a price. even the site is currently closed. but, hoping for that, I don't think it's a problem.

both are very important to invest, even when you have deep knowledge about investing, if you don't have capital then it will be useless, and you can only be a spectator for it. and vice versa, when you have a lot of money, but do not have knowledge of the various investments and investments you are aiming for, it can backfire for you. many people have done this and are currently regretting it, and at a great loss. So, when you have both, then the thing you need to do is look for information, and know what you are going to invest in. You need to know that the project will give you profit in the future. well, even if it's just a prediction and consideration, it's very important. So, after knowing the important points, you can start investing.

Worst of all, we just hit the $40k spot on the coinmarketcap chart. I thought we'd see prices below $40k today, but prices bounced back to $43k, and I expect this to be the lowest price after this. a lot of people argue that a big dump like 2018 hasn't happened yet, and most likely will, but that's FUD's thoughts. I feel that nowadays people are again targeting bitcoins to fill their bags. To be honest, I also didn't sell any assets during the dump, even when I heard a lot of bad news yesterday. for some, this is an important time as prices are being discounted. I hope the price recovers soon before this month ends.

Well, it looks like the Evergrande effect will not only impact crypto, but also other stock investments. however, if the price continues to push like this, the potential to see a price below $40k is even greater. In fact, in some bitcoin price speculations, the pattern of the current price decline, if it continues to decline, could reach a price of $37k or even $32k. however, I hope that the bitcoin price stays steady and is no more than $40k. it also makes quite a number of people worry about their assets, causing panic sells.