For those who have been hoping that bitcoin, along with other cryptocurrencies, will pave way to their financial freedom, the market has probably been rough and not easy. Along with other investments and businesses, trading requires hard work if you want to emerge at the top.

If you really literally meant all of your money to bitcoins, that may pose to be a problem since you dont have any hard/fiat cash left to pay for your daily needs unless you buy those stuff at services that accept bitcoin as payment.

Personally, i haven't used bitcoin as a mode of payment but maybe ill use it when i really need to. After all, it is a kind of money. That's why alternative cryptocurrencies also have their own use as payment for a certain service or product.

Perhaps they believe in the physical, classic, and longest standard for currency since the early ages. Gold has been the standard and since it is tangible, it is easier to believe in

Then all our coins will be practically useless. Unless we create an alternative to the internet. But I think the internet will never go out.

Maybe because a lot of people exchanged their bitcoins to either altcoins or to fiat currencies. I just hope it wont stay this way and bitcoin would rise back up again.

I do hope that the cryptocurrency community would grow because this revolutionary technology will be a breakthrough for those imprisoned by the fiat currency system. A growth in the cryptocurrency market will cause a huge growth for those earning money through trading as well.

No. I don't think so. Bitcoin is just waiting for an opportunity to explode again. It's just that the alternative cryptocurrency market is alive and active at the moment.

It has a slow processing of transactions.
The bubble may happen anytime soon, which may cause the whole cryptocurrency market to crash.
It is very volatile and it is hard to predict.
It's too expensive.

Most of the news that I hear today is about bitcoin and that it has a huge value in the market. They also mention cryptocurrencies as an opportunity for trading and earning money. I believe these to be true and cryptocurrencies and blockchain proved to be a revolutionary technology indeed.

Which part of Korea are you referring to? Do you think the travel costs will be covered by the profits you are making there? And are will you be allowed to bring a huge amount of cash to a foreign country?

1. It can be used as money to buy items
2. It can be used for investment in order to earn more cash
3. You can use it for transactions with anonymity
4. Even if you don't have money right now, you can start earning bitcoin through bounty and airdrops

Yes it does. What do you mean by stable by the way? If you meant that it is consistent in a small range of value for a certain period of time, yes it does. But bitcoin is still volatile in nature. It just has a short period of stabilizing.

Who doesn't want to? I do want to. Having financial freedom and being rich is a good thing and I believe most people want to be like that.

Yes. Basically it is money because you can buy things with it and it has a value that can be an alternative to fiat currency. It is a digital currency. Therefore, you dont have to carry loads of cash in bills or coins in order to buy stuff.

For me, right now my preferred cryptocurrency is Etherium. I believe that this year will be the year of Etherium. It has grown more than 20% over the last 2 weeks. Hopefully it will exponentially multiply in value like bitcoin.

Bitcoin is digital cash. You cannot touch it but can buy things like cash does. Cash is physical and you can bring loads of it in a bag and it can burden you whereas digital currency wont.

I don't think it will completely eliminate unemployment but it will provide a lot of opportunities for those who dont have income yet or are not earning money.

Right now, I can't say that the blockchain technology has taken over my life but I hope that somehow it can help with my financial needs. Blockchain is something we hope would turn out to be a good venue for income.

First, you have to create a wallet account and an exchange account. You should do this once you've really decided that you'll trade btc and other cryptocurrencies and that you've somehow learned a bit of how to do the trading and how bitcoin works. After creating your wallet and exchange accounts, now you can start putting in your investments though these accounts and start trading. I suggest you also look for reliable traders who can mentor you.