Let's say that Bitcoin is a scam (which technically not) then I think this will leave a devastating result on everyone not only on every single individual but also on those big corporations who already adopt this technology, in short everything will be messed up. However, it is clear that Bitcoin was not a scam because if it does then it will have been discovered by someone else before.
Bitcoin was once received a lot of criticism before that it is fraud and just a scam, creating a FUD all over the market but look at it now everyone is eagerly going for it.

No one knows, did anyone predict that Bitcoin will go beyond and will set its ATH at $20k? Therefore, we also don't know when it will collapse.

Honestly, I don' think that there's a right time to buy cryptocurrencies because from what I know crypto coins value is always changed, even if you buy at today's price you can still manage to get a profit out of it and all you need to do is to be patient. You shouldn't focus on when to buy a coin but rather what coin to buy instead. Before buying a coin whether it is ICO, IEO or STO make an in-depth understanding first regards the coin where to invest, consider the developer team, whitepaper, road map, and such.

It is obviously a good idea and recommended to buy at a lower price.

what do you mean by this? Is having good news regards with the coin will make difference?

This was also a good idea, however, let say they manage to list on an exchange, this not necessarily mean they can able maintain the volume they have got on their first release because I've seen a lot of tokens who manage to be listed that doesn't last long right after the folks dump it.

Indeed. I wouldn't recommend using loan money just to invest in Cryptocurrencies because there's no guarantee that you will gain profit that easily, the worse might happen is to lose that loaned money and get into debt.
Crypto investment was risky especially if you have no idea what you are doing. Investing requires experience and knowledge in order to reduce the risky you were taking. You don't invest in just random projects or what, you must take your own research. One more thing, invest only the money you can afford to lose.

Having the same thought. Fortunately, it never happened to me, and for sure I won't fall for it but I am afraid for the newbies who are only getting started because some of them might not have an idea or clue that they shouldn't share their keys with anyone especially on a sketchy website. That is why I will recommend for newbies that if happens they encounter this kind of Airdrop they should be wary and get away from it because there's no doubt that this is definitely a scam. Upon joining Airdrop, you can provide your wallet address but don't ever give your private keys.

Well, I can't tell what is the best cryptocurrency exchange for beginners because they are the ones who should determine whether it is easy for them to use or not.
The only advice I can give is that upon choosing an exchange the first thing you should consider is the security, no matter how user-friendly the exchanges is if the security isn't that good then what's the point? all of your funds will be more exposed at risk. And then there's Reputation you should also need to consider, I think determining the reputation won't be that difficult to learn, just look on the web what exchanges are the highest volume by then you can already tell if it is reputable or not.

I'd say I once have the experience to participate in Ponzi when I was just a newbie and I remember that I once get a profit on it but as soon as they got a lot of recruits the scheme started.
That was the first and the last time I participate in that thing cause someone told me that I should stay away from it cause you will not get anything from it, it would be just a waste of time and money. Just like him, I will warn you, you never want to enter this kind of scheme, if you want profit then you can trade or invest there's a lot of ways but don't go for Ponzis.

Yeah, I think altcoin was still feasible and can even provide a decent profit. It seemed a bit down right now but this not necessarily mean that it was dead. I mean there are still several altcoins that could still pull off like Ethereum and other top tier coins. It has just happened that Bitcoin is now caught a lot of attention that is why investors and traders tend to move their investment from it especially that Bitcoin now touch $15k.
This might not be that best season for other altcoins but don't worry we'll go on it soon.

Fortunately, in my country using Bitcoin was not illegal in fact we have a local Bitcoin wallet that is partnered with several banks and even online stores. You could also use it to convert your Bitcoin and other selected crypto into local currency, and it is pretty convenient.
Now, if that the case wherein you belong to the country that prohibits the use of this technology, then you have no choice but to keep earning, hold and wait until your country opens up upon the use of Cryptos. There's also another option if you'd like, where you can convert it on fiat and make use of it.
Innovation is imminent and we cannot do something about but to go with it, if your government forbids it right now soon they will have no choice but to accept it and by that time you can now freely do whatever you want without getting into trouble.

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This thread is very useful and informative especially for the newbies. As soon as I saw this thread I quickly bookmarked it for future references. If there's any chance someone ask me regards what crypto tools should they use I will provide them this link.
What I like on the tools OP provided is the Crypto News aggregator coz I am really fan of crypto news. Through news I can make my TA. So yeah this was a great idea I will highly recommend this thread.

Even if you change the amount of your bet I don't think it would make any difference, the only things make it differs is that if you will increase your bet then technically you increase the risk is your taking as well. Since you are not into huge loss I guess sticking on your current bet might be good idea and for you to increase your winning chances perhaps you make a better analysis.

I kinda like this idea. Since I am a fan of video games myself and a fan of cryptocurrencies as well, it would be a lot more convenient for me.
This might be the beginning of the integration of the gaming industry and crypto, and if this continues this will attract more investors, and since we know how successful the game industry is this might contribute to the whole market.

Roobet Review URL: https://youtu.be/pxpMHIgkWtY

Roobet Username: ObitoUchiha

Well, personally, I think every time is the best time to buy bitcoins even if you are going for a trade but it will always depend on your timescale. I mean, if you purchase around $13k worth BTC you can still possibly earn profit and all you need to do is to wait. Honestly, we don't have any idea if Bitcoin if going to fall again or will go more higher, so I think the best option is to take the risk and purchase the amount you want then wait for it to acquire profit.

Well, this scheme is not new to me though. I've seen a lot of the same cases even the time I was new to everything, and fortunately I never been fall into it. Perhaps, through the help of my friends who have more experience and knowledge always advise me to avoid this kind of scheme. Besides, sometimes you can tell if the service was a scam or not through their promises just like what OPs mentioned. It's kinda suspicious to get a 400% amount of profit within the short term. No one will probably fall into this scheme I hope, but I worrying for those individuals who are about to enter this industry though.

The idea is not bad I'd say but I don't think it is worth to use your Bitcoin and Ethereum for any commodities, it would be better if there will be any coin that is less volatile can be used on this one like USDT since the value was also the same as USD.
Regarding the fast-food restaurant, unfortunately, I haven't encountered yet but for transportation, I think I did. And this quite a good idea as well.
It would be convenient though but don't you imagine how the market will be if there's something high volatile will be used in this kind of transaction? And just like you have said the price volatility will be the big issue.

Well Crypto trading is definitely risky and highly volatile but this is not necessarily mean the higher the volatile the riskier it is, take Forex trading, for example.
Crypto Trading is indeed risky if you don't have enough knowledge and experience on doing it but as long as you have these essential needs or fundamentals you can somehow pull it through.
Honestly, I never to give my money onto someone to trade for me not because I don't have trust in them but because I can do it myself though so why would I let them trade for me.

Yes because not all the time your strategy will work. For me, there's no best strategy but sometimes there is and it depends on the game you were playing. Just like in sports bet the strategy you only need to do is to make an analysis on the both competing team and choose the team that has a higher chance of winning by that way you can increase you winning rate.
I agreed that is no absolute strategy because just like what I have mentioned there are times it would work and sometimes not. Random strategies will do I guess.

Well, some of your drivers have a good point but for drivers 1 and 5 not sure though. You mentioned on the 1st one, the 2020 economic crisis will possibly lead Bitcoin to reach that amount but looking at the current situation we have now, some of the countries' economic status is now gradually recovered, and if this continues the crisis might end as soon.
For the 5th one, we don't know yet how DeFI can last long besides, DeFi is related to ETH not to Bitcoin.
But anyway, these are just speculation feel free to make your own presumption and look forward to it there's nothing wrong with dreaming after all, so yeah I'm with you waiting for $100k to happen.

Well, first of all, there's is no such system that couldn't be penetrated because no system is 100% safe, scammers would find a way to break it and harm people.
Scammers are nowadays are so smart that they can now even pull off something that we can never imagine, sometimes we cannot even tell if it is a scam or not am I right?
So basically, scammers are most likely inevitable especially if there's money involved that is why all we need to do or to have is KNOWLEDGE but this still will not 100% guarantee avoid these circumstances.
Before engaging in any events or activities make sure that you always make research about them so that we might not fully avoid them but we can reduce the chances of being scammed.