Bitcoin and other cryptocurrencies as a payment method in exchange for goods and services, but it will be risky for stores and businesses to accept bitcoin as payment because of its volatility that makes it completely unpredictable. There are some people who also have some trouble paying expensive fees in a bitcoin transaction, so it might take a long time for the government to regulate bitcoin as an alternative payment.

I don't really want to commit the same mistake I have done the last year 2017 that I keep buying bitcoins while it continuously increasing its price, and later on, it suddenly goes down that instead of earning profit I have a considerable amount of losses. Good thing that I still hold 70% of my bitcoins from 2017 that I already now recover all of the losses because of the current bull run.

Many people truly believe that we need a vaccine to treat and defeat the COVID-19 virus and to revive the country's economy. But how are we so sure that the vaccine could cure COVID-19 patients and prevent us from catching the virus? Because there are possibilities that the vaccine could make a huge problem to every one of us that it could create another virus if the vaccine was not perfectly created. It is why it is hard to conclude that the vaccine is 100% effective to make everything back to normal.

And as for bitcoin, since it is not affected by the economy of a country, it is also hard to conclude if it will be a good or bad sign for the market.

I think most of us here are expecting for bitcoin to increase it's price or reach it's ATH next month because we are still in the bull run. How can you say that bitcoin will surpass it's ATH or will reach it's price up to $22,000-$25,000? I think it is contrary to our expectations because many people might be selling their bitcoin holdings if bitcoin have reached $20,000. But bitcoin price is still unpredictable, so let's just wait and see what happens this year if bitcoin will surpass it's ATH.

Salamat OP sa magandang tip upang makatipid sa pag-convert ng BTC into PHP. Napakalaking tulong nito lalo na nagtataasan ang nga transaction fees ngayon dahil nagtataasan din ang presyo ng bitcoin at iba pang cryptocurrencies. Parang ang bias ng Coins.ph sa XRP dahil kahit kailanman hindi ko napansin na tumaas ang transaction fee ng Coins sa XRP. Kaya mas maganda mag-convert sa XRP sa Coins.ph kaysa sa ibang exchange tulad ng binance.

Scam and fraud is everywhere not only in the crypto world, that is why we should be educated and knowledgeable when we encounter this kind of things for us not to be deceive by them. Many investors and bounty hunters are now having trust issues in new projects because they end up being a bad and a scam project, so we should make a deep research before participating in every crypto projects.

I think it is understandable that bitcoin will have an expensive transaction fees if bitcoin will have a huge price in the near future, so OPs argument is not enough to say that bitcoin will die due to expensive fees. The only reason for bitcoin to die is if everyone who holds bitcoin have started to sell it, which it would never happen because their assets are safe in their bitcoin investments.

The only thing for cryptocurrencies to die if people who buys crypto have stopped holding and buying all of it. But I think it would be unlikely to happen because many people find investing in cryptocurrency is beneficial as a long-term investment, and you are outside of government structures. I also think banning cryptocurrencies in other countries won't kill bitcoin because other people will still find a way to hold their funds.

You can begin trading in cryptocurrency by picking an exchange, choosing your wallet to store your funds, and enough equipment to trade on. Then, you can now begin and understand how trading with cryptocurrency works, and you can learn more about trading by doing your own research or enrolling in a trading course online.

You can atleast have a minimum amount of $2-$10 for you to start trading with cryptocurrencies.

I agree. Let's stay positive that bitcoin will surpass it's $19,000 price and later on will reach it's ATH, so we should be keep holding our bitcoins while we are still in a bullish season. I know it's better to be safe than sorry, meaning it is wise to be careful and protect ourselves against the upcoming risk, but we should keep our hopes high for bitcoin not to dump it's price.

Copy trading is profitable, that it can give you 40%-60% in a year depending on the strategy. Copy trading is also a good head start or can be a learning tool when it's still your first time doing trading because it will give you an idea of how you will make your own trading strategy someday. But always copying other's trading strategies will give you problems in decision making, so start creating your strategy.

I think you spent a lot of time, electricity, and hardware costs collecting all of these altcoins or cryptocurrencies. It is not that easy to risk yourself having all of these in your portfolio without knowing if they will give you enough profit to cover all of your expenses, so I think you really did a great job because you also have been collecting Litecoin that is also a promising coin.

Same as you. At first, I only have an interest in gambling only for entertainment and not aiming for profit. But since I started to experienced winning hundreds of dollars in gambling, I suddenly can't stop myself from playing because I wanted more, so I decided to stop gambling for a while because I already lost all of those winnings within a minute. I learned that I should be contented with my winnings, whether it is big or small, as long as I gain profit, and the only thing that I will do with the gambling money that I won in gambling is I will treat myself or my family instead of risking it in a bet again.

Volatility is the reason why the crypto market is very unpredictable, and it is also the reason why we make money because here we will start to learn to stay focus on our trading strategy, avoid letting our emotions driven us, avoid becoming too reckless, keeping our daily trading log, and be contented with our small profits.

Indeed. Investing in bitcoin has much better opportunities and benefits if you try to invest a considerable amount of profit, especially if you try to buy bitcoin before bullish times because you can double or triple your profit from your bitcoin investment. Instead of investing your money in real estate because if you needed money, you cant instantly convert it into cash, but Investing in real estate is also a good passive income by rental income.

Buying bitcoin and other cryptocurrencies during bullish time might be risky because anytime the price could make a huge drop if whales started to sell their holdings. It is why it's much better to buy cryptocurrency before bullish times because you will definitely have high returns from your investment. But I think it is okay to buy crypto during bullish times because there are low chances for you to experience huge losses.

Indeed. Chinese people have the guts to continue their illegal activities here in the Philippines, such as selling drugs, because the Philippines have a huge debt in China. That is why they can freely do whatever they want in our country, and they can get out of prison in no time. I think that other countries such as Sri Lanka, Papua New Guinea, Kenya, and South Africa are also experiencing the same problem as us that they have lost the peace of their homelands because they cannot pay Chinese debts due to high-interest rates.

I think these coins such as UNI, LINK, and YFI will remain the best DeFi project in 2021 because they are all promising and well-developed projects that has active team members, so they could satisfy their investors. So I positively think that they could maintain the hype of DeFi projects until next year of 2021.

From my perspective, it is very difficult not to complain because we are all facing problems in the middle of the pandemic, especially if the government is not making a solid solution on how to overcome this kind of situation. If money and mortality is not a problem I think it is okay not to worry and complain in our everyday lives, which is not.

I think you don't need this kind of feature if you already know when to stop playing or keep on betting in gambling. It will also be useless for others because they can simply deactivate the stop limit if they wanted to play more. So it's your responsibility to learn and to control yourself when will you stop playing when you already reach your limit in gambling.