I choose Huobi because Huobi is a big exchange, useful for users, many crypto pair listed, the lower fee and the most important thing: Huobi never ever hacked by hacker

After 3 years in Crypto market, I learned that I should invest in BTC only. BTC is King, BTC is the virtual currency with the least decline in the past 2 years, from the first peak in 2019. If you invest in ETH (the second capitalized cryptocurrency and good technology) and keep Until now, you have lost ~ 80% of the value. Therefore, from now on, I will only invest in BTC for a long time

I believe that this economic crisis will last and cause serious harm to the world. Currently, these are just signs that the economic crisis is approaching, not that it is happening. On the other hand, this economic crisis is in all aspects of life, from economic, political and social, not merely the supply-demand crisis as in 2008.

 believe in the benefits that cryptocurrencies bring. With cryptocurrencies, payment has never been easier. We can pay instantly, transfer money across borders, across countries and territories with low cost and time almost instantly. However, the time it takes for cryptocurrencies to replace fiat money is probably still very long because at present, money is still a measure of power, which the government or the wealthy class never wants power to fall from. surname. Because of this, cryptocurrencies are always constraining development. Perhaps we have to wait a very long time.

In fact, fraud and scams appear everywhere. The most important thing is that you should always be careful before any investment decision. Be careful with projects committed to high profits, 20% / month or more because most of them are scam projects. You should also be careful with phishing websites, requesting to send your private key or wallet wallet file. Finally, find out carefully what you will do and be careful before all your decisions.

I think that collecting taxes in cryptocurrency trading is necessary because the cryptocurrency market is like other financial markets like forex or gold ... And so, countries that have built the legal framework Complete management of cryptocurrency trading, which will help the cryptocurrency market to expand, is accepted by countries as a financial market rather than as it is today.

I think we have just entered the beginning of the economic crisis. This economic crisis will last much longer than the 2008 crisis because this crisis is no longer because of the supply chain but it covers many issues: from people, production to surplus values. residual.

I think it takes a lot of time for cypto to replace fiat money. Crypto curencies have many advantages such as fast transaction processing, low cost ... but it also has many disadvantages: constant price fluctuations, limited liquidity due to handling, verification. trading takes time ... And I believe that the most important point is that crypto cannot replace fiat money at the moment because of its mission. not under the control of anyone, fair, transparent ... But the body operates in the opposite way: Money is the power of the state / capitalist, 20% of the world's people hold 80% wealth. That's why crypto has always been banned, hindering development. That's why I say crypto will take a lot of time to replace fiat money

I am sure that with the money you have, you will receive many invitations to invest in projects with extremely high monthly profits (about 10-30%) without doing anything. Be careful of these investment offers because they are all fraudulent projects. Remember, every project that is committed to high returns, greater than 15% per year, is at risk of fraudulent projects. As for your case, I think you should send the bank 50% of that amount, and the remainder is divided to invest in cryptocurrencies. However, this also contains a lot of risks, so my sincere advice for you is to be equipped with enough knowledge, before investing in any project.

Congratulations on making a profit, which very few people in this market do. Trade is a zero sum problem - you will earn money from a loser, the only beneficiary from both is the trading platform. Can you share more trade experiences for everyone to know? For example, using indicators, how to manage psychology in transactions or manage your fund?

Following the words of others without the experience or knowledge of this market is really a dangerous thing. Because you can lose all you have if you buy a non-liquidity cryptocurrency or scam in this cryptocurrency market. My advice is to supplement your knowledge before investing. If you have bought BITCOIN, ETH or altcoins in the top 10, it can still be processed. Can you tell me what currency you bought?

I totally agree with you. Crypto is a dangerous market and full of risks. You can lose all your money with just one trade if you don't pay attention and have experience. Cryptocurrencies market is the only market where prices can fluctuate by tens of% per day or even a few seconds - this will make it impossible for you to handle them without your experience. Therefore, first you need to understand the market, how to trade, about indicator tools, how to set stoploss ... That's how to help you survive and not lose money.

I think it will not have exact numbers. It depends on how much money you have, how much you can risk to make a profit. For example, I spend a total of 30% of the money in my fund to trade, which is about $ 5k (of which I spend more than half to trade the BTC / USDT pair)

Please be careful with advice to invest in some platform - that earn high profit. Almost of them is scam and you will lose all of the BTC that you have. You have to check carefully If you want to buy/invest anything

I think the best way to advertise Bitcoin to more people is to focus on its differences - decentralization, openness, transparency, low cost ... Bitcoin was born with the alternative mission. current currency. Therefore, we can focus on being able to transfer money with Bitcoin across countries and territories with quick transaction confirmation times and near zero transaction costs.

Why don't you consider buying BTC at 19600 at the end of 2018 and the current price of BTC in June 2020 - that is, about 2 years later, it's just about $ 9000 - you have lost 50% of your assets after 2 years? The price of BTC fluctuates every minute and it is influenced by many factors. Since prices are determined by the market, investing is a risky business, including investing in Bitcoin. Therefore, be careful with your decisions

I think Bitcoin, cryptocurrencies or any other financial instrument is a product of the oligarch - those who hold 90% of the world's total assets or we are known as the rothschild family. It is a tool for them to make money. We also cannot deny the power, superiority, breakthrough of Blockchain technology, about its benefits. I think that is the value of Bitcoin, not the value of money. Bitcoin or crypto was born to replace the current money system, bringing fairness and transparency to money and finance. But think about it, we live in a world where money is power. The more possessions you hold in your hand, the greater the power. If a country has monetary autonomy in its hands, it is a very powerful nation. So, how does Bitcoin or cryptocurrencies - things that provide decentralization (rather than centralization), transparency, and equity - can replace the current currency - which will bring power to itself covered. Therefore, I believe that in the future, cryptocurrencies are still just a tool to make money, not a substitute for money.

I am afraid that talking about the value of bitcoin in 2040 is now too early when we are only in 2020 - that is, 20 years later. However, I support your opinion that Bitcoin will be very valuable in 2040 - when blockreward = 0, minner will not receive block reward anymore, minner will only receive cost when they make confirmation. money transfers. If the value of Bitcoin is not attractive enough for miners, the bitcoin system will collapse because no one will confirm the transaction. The future of cryptocurrencies is still very long, let's save this article and open it to check in 2040 to see if our speculations are right or wrong.

Sadly but this is the trader's life. I same to you because I have great faith to some crypto like NEO, LTC or ETH. And, as you see, I lost almost 60% my balance because hold them. Now, When I have some experience, I guest anyone needs set stop loss when buying anything If you want to earn profit in this market

Same to you. I see myself when read the comment of yours. But, unlike you, I almost all in late 2018. I bought ETH, NEO àn LTC because in that time, I believe BTC will pump to 25,000 or 50,00 USD. So, as you see, From 2018 to now, BTC has been a serious drop in prices and The altcoin also has a more serious decline (Exp: ETH lost more than 70& from 2018 to now). So, one advice for newbie or anyone want to get money form cryptocurrencies market: dont trust in anything, get money when you take a profit and always set stoploss when you buy anything!