I know that it is not really ideal to use cash right now these days because of the risks involved but the reality is that people are still using it. Plus even when pandemic is over and there are not that many people dying from it (I am sure one day it will be nearly over with only few death per year) we will still not have bitcoin as a common thing accepted in most places, it is just not enough time.

I believe it will take at least 10+ more years for bitcoin to become common acceptance thing and that is why I believe it is not that prevalent right now. Sure it got more and more common compared to previous years, but we are talking about bitcoin being more common compared to bitcoin back in the day, when we are comparing to fiat we are not even at 1% yet, maybe not even at 0.1% yet and that is why there is still a long time to go before we can spend bitcoin.

It seems people started to plan for long term holding as well. Like you have mentioned lots of people might be buying with short term plans as well but right now dogecoins reached around 1080 satoshi (approximately 60 cents in USD value) which means not all the people are dumping right now but simply holding with big targets.

Who knows? Dogecoin may hit $1/$5/or even $10 in coming months to years. So, I believe this time, dogecoins are still worth to invest with. But, at the same time, we should risk beyond our affordable limits; yeah always sticking with basics of investment principle will avoid later regrets.

Even I am also not in favor of believing in to some big number of coins just because they are being traded in one big exchange. But when we are witnessing the continuous growth of all the coins which are being listed on binance then we might need to agree with OP. We can take this scenario like this: bianace is going for intensive research and analysis before launching any ICO which could be the another reason why we are seeing good potential on binance listed coins.

I'm sure that binance must be having very highly talented team to monitor all their activities; when you are proactively continuing your work then definitely you will excel in your work. I believe this is what exactly happening right now with binance.

Most governments might be already monitoring the progress of stablecoins but I'm not sure they will consider stable coins as the testing ground for their CBDC because stable coins are limited to crypto space but CBDCs are not having any such limit.

There are a lot of possibilities for governments to collect taxes from stablecoin holders as most currently available stablecoins are corporate based hence any kind of regulation will be possible for government against stablecoins.

Yeah, I am also looking for a truly decentralized stablecoins but I'm not seeing anything like that to be launched in any near future.

I must admit that I am the one of those people who found another earning opportunity along with crypto trading after pandemic. Due to some reasons when I was unable to continue into my regular job, I decided to start crypto trading as I have some experience in trading field which fortunately supported me to live my life peacefully even in this pandemic times.

Not just traders but investors also moved into crypto platform which must be the reason why we have sustaining and continuously increasing crypto markets even in the times of pandemic.

I do not think Elon Musk's tweets are educational purposes but purely promotional; this way I am not seeing dogecoin could be a reason for making kids to be aware of cryptocurrencies. Because, even Elon Musk may forget all cryptos when he is about to launch new Tesla models or when opening new factory units in China/India or might get busy with hyperloop or starlink projects or may switch over to another dead coin. Who know?

Dogecoin sound like time being fantasy and nothing more to me. If kids adopt dogecoins and if it gets failed in near future then that lead to wrong example to them. Always bitcoin could be the great reason for anyone to get aware of crypto space. Use bitcoins for anything which includes introducing your kids into crypto space.

I agree that trading is consisting of different aspects but most traders are only focusing on technical part and just leaving off the psychological part of trading. When it is coming about emotional control while trading, most traders are getting failed and then finding trading as a complete set of frustration. We need to accept losses and at the same time we should not be greedy so that we can stick within our trading plan which is the first rule of controlling emotions in trading. When we are good at the emotion control then we can easily avoid frustrations in trading.

I don't think so. Investors do not need to go for technical analysis but only fundamental things are more than enough to choose the right things. Nothing changes because of you are going to invest in cryptos; investments are common across different domains still you need to make sure about the potential of your asset and nothing more.

Yeah, probably that may work. But, when considering bitcoin and its unbeatable ROI, I may not go for trading with 50% of my capital. Just 10% or 20% will be enough to risk in trading.

Don't forget that bitcoin moved from $10k levels to $19k levels in less than three weeks of time by 2017 and now we are in 2021 and there are many new people to keep investing into bitcoins hence the support levels are too high to make anything possible these days. I believe there are a lot of possibilities for bitcoin prices to double from the current price levels.

This way I'm expecting more than $100k price levels by end of this year. Because, I am very confident about to have $100k in next one or two months itself.

Yeah, right now bitcoin is trading below $54k levels. But, how it will be a great start? I am little confused to understand what exactly you are referring to.

As per my technical things, bitcoin was struggling to break resistance around $57k levels and when it was failing to break resistance then we can easily expect it to coming down to immediate support zone which is around $52k levels. This is unusual market movement and it is showing market is expecting some trigger to happen so that it may break resistance levels easily.

But I'm not seeing anything harmful when they are looking for this community to identify when manipulation may occur so that they could buy at dips. Because, even traders who are strong in technical analysis always coming here to gather opinion from this community so that they will go into their trading with more confident.

That must be a good point. If you ask me, I must say that manipulations are these days not happening frequently, probably due to your reason.

Yeah, definitely it is not late; some people are still considering people who are going to adopt bitcoins until 6th halving happens as the early adopters and only after that late adopters will come into the scenario. It means we can still enjoy good profits even by adopting bitcoins from today onward as there are at least 1000x growth yet to happen by considering adoption level among people and business.

I am happy that I joined bitcoin some 5 years back itself and I might consider myself as an early adopter hence I believe there are certain levels of profits I could expect in coming years for my bitcoin holding.

I agree only known and reputed coins keep going up and most other coins are getting delisted from exchanges. It means we need to take time to do due diligence so that we can be selective while investing in altcoins. Personally I'm holding few top altcoins and I will be booking profits when my imaginary targets are met.

What happened when you were investing? You're not the first one I'm seeing regretting for their past action. I guess this is not the end; you must plan up at least now onward so that you could make new investments into right coins so that you will be getting huge profits in coming years .

Summer is not same for all of us and this way I am assuming you are referring bull run will last until end of this year because some part of world is having summer by end of year. I'm just seeing there are less possibilities for altcoin season to be ending by upcoming May month. It is definitely unlikely to happen.

Moreover, we are going to see altcoin's bull run even after bitcoin's bull run because that was what happened in the last cycle of bitcoin and altcoin markets.

I guess all the coins that we are having right now is both centralized and decentralized with respect to what OP is mentioning.

All coins are centralized because one or many devs control it and they may decide at any time for any kind of swap which is the major problem right now OP is facing.

Most of the coins are decentralized because they allow mining.

So, you may not prevent the problem what OP is facing just by choosing decentralized coins.

I guess that will be possible. But, right now bitcoin is struggling to break the resistance levels around $55k to $56k and if bitcoin gets power to break it and then hold above it then we can see it will be testing $70k levels straight after that. But, the current level is crucial because bitcoin may come down to test support levels around $51k levels at the same time.

So, altcoins may stay sideways until bitcoin clears its path like where it will be heading. I am just looking for dips to buy more bitcoin before it will be having another new ATH.

Yeah I am also having similar kind of opinion because if Elon Musk hasn't started talking about dogecoins then it might be trading below 20 satoshi right now and most people might have forgot it in the era of defi and NFT. So, if there was no support Elon Musk then probably dogecoins might have got delisted from most of exchanges as well.

Honestly I could not find any practical reason for Elon Musk to back up some old and almost dead coin. Probably he might have invested some big money some years back.

Yeah, decentralization is the biggest benefit which will be missing out in country specific cryptocurrencies.

I believe those country people will start using of their government's crypto but over the time they will realize that they are making use of nothing new but very much similar to traditional fiats but in electronic format. And I believe that is the point where they may start thinking about adopting bitcoins.

Moreover, I'm seeing these country specific cryptocurrencies as an indirect promotion for bitcoin adoption. Yeah, I mean governments are working for spreading awareness on bitcoin indirectly. It's a kind of promotion for future adoption and not for immediate one .

Yeah, they are not doing for the benefits of crytpo space nor for this community but for their own. No one will care others when it comes finance. So, being careful is most important thing and also how effectively we are going to make use of their hype will be the key here.

We could not expect them to become long-term holders or as we cannot prohibit them from participating in this crypto space; I mean nothing is out of our control but expecting them to sell off at any time and planning our investment according to that will definitely help us without getting trapped by their plans.

Honestly I am not having such a panic with bitcoins ever (but I had with all other altcoins for example recently when dogecoin was falling below 350 satoshi from its ATH of 780 satoshi, I was afraid to buy). The only problem for me is, I need to have excess money to make use of. Usually I do utilize all my spare money to buy bitcoins at dips and when bitcoin make lower low, I am simply turning helpless. Sometime bitcoin markets give me another opportunity by getting me lowest to lower at the time of my salary from regular job; but that kind of coincidence are not happening all the times. Most I miss dips or I may go buying slightly higher than actual dips.