I don't think so, even though China has the greatest number of crypto miners they cannot still control bitcoin, imagine how many countries are mining bitcoin even though China has the advantage in terms of numbers they cannot still get over those miners in different countries but at least they give some factors on the movement of the value.

I am not into day trading but sometimes I buy some when it is low and sell if it goes up, I never tried day trading because it seems so hard for me and I know that I need to gain knowledge first before I try to trade. I am more focused on holding, which is easier than trading and is applicable for the beginners of the crypto world

Banks need KYC because it is government property and they gain some money from it so imagine if there is no KYC in the banks how could they are going to benefit from it. Some exchanges in the cryptocurrency have KYC and some have not but that is not a big deal if the exchange requires KYC you can still access it by using the ID of your parents or someone older than you that has this.

Well, there is no news for that thing, we can also see this news with fiat currency, the thing about laundering cryptocurrency is that most people think that it cannot be traced by the government. A lot of things like this are now existing because of the value of bitcoin nowadays.

Digital currency and cryptocurrency are not the same things, central banks will never accept cryptocurrency, the government won't ever accept bitcoin because it is not centralized so they cannot get something on it or gets benefit from it. Nowadays some countries are now planning on creating their digital currency, well that is also good for them we need that in our own country.

You have made a bad decision for buying there before it goes down, so you should not sell it unless it recovers again, there is still a big chance that it will go up again just ho it until you see the result. If you already made a mistake then you should not make it again, you know that volatility of cryptocurrency is existing nowadays so just wait for the right time.

Yes, in some ay we can say that bitcoin is like money but that it is not only money, it has other purposes that a fiat currency cant do.
Seriously? why would you compare two different things? lol, bitcoin is good that's it.
People do hard work because of money so what do you mean by it makes a person weaker? You became good and put some extra effort into something because after that you know that you can earn money from that on which that is important in our lives.

Both are important, both have their purpose as well and everyone can benefit from this both currency, it just up to you if what will be your needed and the situation as well, just, for example, this pandemic gives so many hard things to us and bitcoin helps us with that, as for transferring money, investment and earning as well. Fiat is also good because we are using it for our daily lives and it cannot be replaced by cryptocurrency ever because we can spend it right away without thinking of the transaction fee and the time frame before the confirmation.

Fiat and cryptocurrency are both good for every people, there are still a lot of people who don't know about cryptocurrency or some have no stable internet connection so they still choose fiat over cryptocurrency. The government keeps on doing something to delete bitcoin but they cannot do whatever things they will do, they are doing it because they cannot control it which is a feature of being decentralized.

Wow, that is insane, he really earned a huge amount of money from his investment, I just amazed at how confident he is by buying a huge amount of money worth of bitcoin, he's good at saying that there is still a good opportunity in the bad days or when the pandemic started. He had almost earned about 900% interest from his investment, which is insane, and the amount of money he had bought from it. Those people who really believe in bitcoin at its worst deserves to earn more than that.

Rich people are now adapting to bitcoin because of its continuous inflation, a lot of companies and big names are investing now in bitcoin and for sure it will it can go farther. The only government are those who want to ban bitcoin because they don't want decentralization and bitcoin is against the bank but no matter what they will do they cannot do it. They are doing it because they cannot control bitcoin and they cannot do something to get benefits from it.

No one knows because for sure that kind of information would only be exclusive for themselves but one thing for sure they are using only a hardware wallet which is a really good wallet for storing a huge amount of money unlike using a software wallet which is prone to attacks. They know that there is a huge possibility that a hacker is looking for them and trying to gain some info about them so for them to assure that their bitcoin is a pretty safe hardware wallet would be the answer.

It really depends on the country that you are living in, some countries are high economically so most of their products that a normal person needed is too high. On my own maybe I need about 5 BTC to secure my future, which is already enough for me to create my own business and build my simple house. Business would always be a good way to spend your money, that is worth it.

But actually, people will still look for more than that. they have even though that is already enough for them, that is life, we are here to4 dream more of what we have right now so we still keep on being a hard worker.

We should not rely on our future in trading because that is risky there are already a program or subject taught in school about cryptocurrency so maybe they are also discussing trading but I don't think that it would be enough for them to learn it so fast and accurately because learning trading takes so much time, you have to put a big effort on it before you gain a good knowledge about it.

Some people choose crypto trading over their career on which they prefer to leave their work in a company just to focused on day trading which is a risky part for them but that won't be too risky if they already have good knowledge about it.

The world without bitcoin would be so hard for many people, that person who has explored bitcoin for so many years gain so many benefits from cryptocurrency, it helps them in terms of transferring money and making money through investment and trading. There are already a lot of people who left their careers just to focus on day trading, so it would be hard for them if bitcoin would be gone. I know how thankful those people who became rich because of bitcoin, there are already so many records including some people who get rich because of bitcoin.

Wow, good luck with your journey, we have to make a hard decision in life before we succeed, that is a really hard decision for me. For my part, if I am going to choose between my full-time job in real life or being a full trader then I will still choose my full-time job because I still don't have good knowledge about trading do I don't have enough capital for it. So basically, I conclude that you already have good capital for trading and you also have done a lot of trading wins so you have decided to choose it over your full-time job. It is also better if you are going to create a business if you already earned a good profit from trading.

There's no hard thing about the economic crash for the richest people, they don't even buy bitcoin just of thinking for the future about the economic crash, it is just for investment and trying what bitcoin could go so far. They are just making fun of the market, only poor people will suffer if an economic crash happens because they don't have something to buy for their needs in daily lives.

There is a really different mindset between rich people and poor people, the rich have a great advantage when disaster happens and they will take every opportunity to still earn money. Just like what just happened when the pandemic started, a lot of poor people suffered because of it, some lost their job and faced different problems, which is different from the mindset of rich people, with the situation we had (pandemic) they have thought of creating some business and take this as an opportunity like buying to direct supplier of the mask and sell it to the normal customer. The richest person is really smart at these things and they know how they could earn and get profit from buying bitcoin.

I am also looking forward to this thing but I don't think that it would be possible for now but maybe in the future, it will be. Some considered bitcoin as their good asset and some considered as nothing cause out of knowledge, If we are going to compare people with knowledge about cryptocurrency to those people who don't know about it then we could say that those who don't know is much bigger and that is only one reason why bitcoin cant still be the standard currency all over the world. We have still not enough knowledge about it.

Wow, that is a great opportunity, everything that we are doing to spread our knowledge in bitcoin to other people is a good thing, it will make our community better and bigger, if your audience will listen to you then for sure they will also get interested on it just like what just happened to me when my friend had told me about cryptocurrency, it gives me the interest to try and explore it.

Hoping that you will have a successful output for that, We will be glad as well if you are going to share the result of it here someday, so we could also learn as well, especially for the beginners like me.

It depends on how much bitcoin you have, so if based on what you've mentioned on your thread with 0.01 BTC then I think it is better if you will choose to invest it in one wallet address, imagine if you will going to separate it for 10 wallet addresses then you will have to pay 10 transaction fees, that is frustrating, instead of having 0.01 BTC of investment it will turn lower than that value. On my part even though I have 1BTC I will still choose to invest it in one wallet address, which is better for me so I don't need to create more than one crypto wallet. One of the disadvantages of it is only if your wallet gets hacked then you will leave 0 balance.