Where big risks there are big profits. And where the low risks there are very low profits. A reasonable investment portfolio should combine both of them

I think so too. Profits will come with risks. This means that when you trade in any market (including the cryptocurrency market) you have to make the decision well before investing or investing. Every wrong decision, not the right time will bring risks to you.

I'm sure bitcoin will not drop to zero. Do not panic too, because bitcoin always changes there up and down. Bitcoin will soon recover and try to reach the highest score. I hope that happens.

If you are going to enter the market now, the most important thing that you should have is knowledge, that is why most people that is good in trading, has good experience in Forex or any other stock exchange.

I think bitcoin can't replace fiat since it is different and more complex than fiat. Bitcoin has style and method itself, with futuristic technology and can be used easier and more efficient than fiat

Well... It greatly depend on the amount of money you may need in the emergency, the amount of money you can take out in one go and how long you will get your fiat when you actually liquidate your coins. I know for a fact that you can't just unload coins and rifht on that instant you will get your money. Then again, I'm still new to this.

There are of course initiatives to democratise the sharing of our data with blockchain technology so that we can benefit from its monetization (APEX, Pillar, Tron, etc). But I am doubtful of their potential for success.