Day trading is mostly done in altcoin market where altcoins price highly fluctuates.Traders make profits by using the difference in price.In day trading,only small percentage of profit is kept and it is done repeatedly within a day for even one or two hours gap.But it might not be profitable in bitcoin market.

Holding bitcoins is the strategy which is nowadays mostly used by investors,especially in bitcoin since its price is rapidly increasing nowadays.It was not useful in earlier times when bitcoin price used to rise very slow.But,nowadays,it would be the best strategy to gain more returns.

Well,it would be better to hold your bitcoins even if its price falls.I think that you think that you have bought at a very high price by buying at $4,600.But remember,bitcoin is totally different from altcoin.There is no guarantee about recovery of altcoin price.So,it would be better to sell altcoins once its price starts falling.But bitcoin price would soon recover after every fall and it would only get settled in a higher price.So.just hold your bitcoins.

Shorting is a very risky task and many have lost their money by doing it.It could be only done if you surely know that bitcoin price is going to fall down.In shorting,you just sell your bitcoins at the market price and just wait for the price to fall more so that you could buy it again at a very cheap price.

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Its highly impossible to ban bitcoin in all countries.If they want to do so,then they would have to ban the internet completely which is not possible.If it had been possible to do so,US and many other countries would have banned bitcoin much earlier and by this time,bitcoin would have disappeared.

China and Russia have not been comfortable with bitcoin from the beginning.We cannot expect all the countries to have the same view about bitcoin as they have.We recently saw another asian country,japan a big economic giant legalized bitcoin.Vietnam,Australia,India are soon to legalize bitcoin.

So,its not possible to ban bitcoin.

This was the first time that putin has took a stand directly against bitcoin.Its very surprising to see him terming bitcoin as a pyramid scheme.

He says that it would be used for illegal activities and money laundering all over the country.

Last month only,they were very much concerned about the saving bitcoin holders since its price is falling.

Totally contrast to it,this tie they were very much worried about the huge increase in price of bitcoin.

It seems that the central bank of moscow would ban all bitcoin exchanges in the country.

Despite china ban on ICOs,South korea ban on ICOs and now russia's ban on bitcoin,still bitcoin price is surging high towards $5,000 and it clearly shows the potential of bitcoin.

We already know that big economic giants like China and Russia don't like the progress of bitcoin.They have tried their best to stop it.But they could not do so because of its decentralized nature.Bitcoin is definitely a threat to governments,banks as it totally frees people from their hands.Their national currencies would lose its values and they would have to face revenue losses which they got from taxes.That's why,they term bitcoin as a threat.

But truly,bitcoin is the greatest blessing of this century to the normal people.It has given financial freedom to the normal people.

No aspect is seen to find a crash in bitcoin price.The only threat by which even the FUD spreaders tried to manipulate bitcoin price,china's reaction against bitcoin, has been proved to be totally wrong.Also,bitcoin gold does not have enough miner support and so it could also not be a threat to bitcoin.The only thing,we should consider about is the activation of segwit 2x which is supported by most of miners.If bitcoin successfully survives after that,then surely bitcoin price would go to the moon.And for the rest of the year,bitcoin price would move in bullish trend.

Even though Africa is a big continent having many countries,we could not forget that most of its countries are backward in economy.Most people are poor and illiterate.More over,internet facility is not widely available there.Bitcoin could not accessed without internet.

Since most people are illiterate,they would not be even familiar with digital transactions.So,definitely,they would be facing problems in using bitcoins.

But since,africa is a big continent,there is a huge scope for bitcoin related business.But,it would take a very long time to come in to reality.

Its in bangladesh where six months jail is given if a person found using bitcoin.Its usually the countries like bangladesh,bolivia,equador,kyrgystan which have very small economy which were afraid of bitcoin and which think that they would not be able to regulate bitcoin.They feel that bitcoin would be used for promoting illegal products like drugs and they would have to loose tax revenues due to bitcoin.They think that they don't have adequate techniques to trace bitcoin transactions.So,they find banning bitcoin as a solution to these problems.

China does not like most of its people investing in bitcoin as a result of which its national currency losing its value.Further,it does not want its wealth being transferred to outer nations via bitcoins.It feels that even though it regulates bitcoin exchanges to strictly follow KYC,still it would be impossible to trace all the transactions.It also does not want to lose tax revenues by allowing bitcoin.So,it just decided to take very severe measures against bitcoin and related platforms.But,i personally feel that they could have followed the model of japan regarding regulation of bitcoin.

No,not yet.In india,we bitcoin users still enjoy tax free income from bitcoins.But this situation may soon change as indian government has decided to legalize virtual currencies and has formed a committee to give recommendations to legalize bitcoin.So,after that,we may not be able to enjoy such privilege.But i don't worry about paying tax for bitcoin earnings as it would be much better than banning bitcoins totally.

No,not yet.In india,we bitcoin users still enjoy tax free income from bitcoins.But this situation may soon change as indian government has decided to legalize virtual currencies and has formed a committee to give recommendations to legalize bitcoin.So,after that,we may not be able to enjoy such privilege.But i don't worry about paying tax for bitcoin earnings as it would be much better than banning bitcoins totally.

China has never been friendly to bitcoin from the beginning.China knows very well that it would be very difficult for it to trace the transactions if bitcoin gets widely used.Also,it does not want its country's money to be sent out of its country easily via bitcoin.Also,china's national currency Yuan gets devalued due to increasing number of users of bitcoin.PBOC of china earlier postponed bitcoin withdrawal for some months and asked exchanges to strictly follow KYC.But still,it is not satisfied with the results and now has started to take very strict actions against bitcoin.

We could not exactly say the percentage of people leaving their employment trusting bitcoin earning.But most of the employed and unemployed people have started to find bitcoin as a new source of earning.Even people from most backward countries are getting equal opportunities to earn from bitcoins.It depends upon the people that how much they have understood the concept of bitcoin and confidence to even quit their jobs which are giving them a stable income.I too come under the same example of people leaving the jobs for earning in bitcoins.I have left my job abroad and now i'm earning around eight times that of my previous earnings from bitcoins.But still,it needs the courage and to have the risk bearing attitude to quit the jobs which we find missing in most of the people.

Bitcoin was most widely used earlier for such activities since dark markets adapted it earlier due to its anonymous nature.Bitcoin was even widely criticized for that reason.But things have almost changed now.Bitcoin is now widely used for many purposes.I have not yet used bitcoins for buying drugs.But unfortunately,in india,recently the police caught five youths using drugs and they were found to have bought drugs by using bitcoins.It made the indian government to even think of declaring bitcoin as illegal in india.But surprisingly,indian government changed its stand and have now decided to legalize bitcoin.

No country would be ready to accept bitcoin as a currency instead of its national currency.Only thing which a country could do is to legalize bitcoin and allow it also to be accepted with its own currency.

Japan has already legalized bitcoin and Australia has already announced that it would treat bitcoin as money on july 1,2017.Liberland, a small multi nation has also made bitcoin as its national reserve currency.Vietnam is getting ready to legalize bitcoin within next year.

India may legalize it within next few months.I think that US and china would never and ever legalize bitcoin as they both see bitcoin as a direct threat to their own national currencies.

Mining involves an initial investment for buying powerful ASIC miners to mine bitcoins since bitcoins could no more be mined in CPU/GPU as it has become very complex.Availability of cheap electricity is a must to ensure good profits and for that reason only,china has the largest number of mining farms.

Trading is the most legit option for earning.It could be done even with a small amount.Even though its risky,still profits could be made and losses could be reduced if certain trading ethics followed.Getting panic should be avoided and FUD should not be given any attention.Analysis should be done personally to find the most under valued coin to get huge profits.

It depends upon how much bitcoins is going to be dumped.In earlier stages,chinese most often dumped their bitcoins to earn profits and when the price fell due to it,they once again bought it at lower price..but now it seems to be not working since bitcoin has investors now world wide and even if any one tries to dump his bitcoins to rebuy,then he would be the ultimate loser since there would be no effect on the bitcoin price due to huge buy wall.

It depends upon who uses the blockchain technology and what for.Blockchain technology saves more time,reduces paper works,enables efficient management,ensures security of data,etc.It has been now widely used by government sectors since they have realized its potential.Even banks have realized its potential and have decided to use it.Dubai government which always adopts latest technology has decided to reform all of its government sectors to use block chain technology.By doing this way,it believes that it could efficiently manage the administration.

Just simple.Satoshi has almost challenged the bankers all over the world and wall street big shots.Bitcoin has now become the worst nightmare for them.They would have not even imagined that such a thing like bitcoin would be created which would become a serious threat to their future business.Now,its quite clear that satoshi's life is in serious threat due to these people.That's why satoshi hided his identity.In fact,i would say that he has taken the best possible decision that even any body in his stage would take.