As you have said. Bitcoin is exhausted in a bull and the curreny market is suffering from the downfall. If you are a swing trader, you can easily sell you btc before the dump happened. But if you are a long term trader, you can still wait for the btc to pump. I can see btc's another bull run tl $9,000-$10,000. A correction is happening before another bull run.

Can you provide what exchanges to that? As far as I know, some reputable exchanges like binance, bitmex doesn't require kyc for depositing and withdrawing. My transactions are fine with them. Maybe you can consider exchanges that are already trusted so that you can prevent these kind of tricks. Somehow, I tried to understand this kind of protocol in some exchanges like not requiring kyc for depositing but strictly required kyc for withdrawing.

Regardless of the btc's current situation, we can still gain from the bear market or bull market. I am mentioning about the swing trading and margin trading. Though we can really say that panic buyers and panic sellers are around the corner, the thing here is that those who are panicking are contributing to the market's downfall.

We are not new to the crypto world. We have see this before and we can still maintain our composure as a trader. Make this downfall a beneficial and an advantage to buy btc and wait for the great pump.

There is always a solution for everything. We can't deny the fact that the problem btc was facing was that of slower confimations of transactions and the higher fees. However, some may convert their btc into eth just to lessen the fees and to make the transactions faster than the usual btc tx's. With this issue, traders are still preferred btc. Let us see how eth will surpass btc with this said issue.

I would suggest, you invest in those coins that are reputable ones. BTC and ETH are the leading ones who are on the top of crypto coins. However, if you want to diversify investments, consider some coins like tron, dogecoin, monero and bnb. You can DYOR to confirm if these coins are really worth to invest or not.

There are times that I used bitcoin to buy things for myself. But i do still believe that bitcoin will also surge up to $20k or above. As a crypto trader and investor, I'm very positive about it and I tend to keep hodling some parts of bitcoin for long term investments. I guess there is no problem with that. We have different thinking. Some may not spend it and considered it only as an asset/investment but some may always use it for personal reasons.
I can always say, it depends on the scenario of a btc holder.

Just to make it simple for all the the members who are residing in the Philippines.
We are using coins.ph and abra as a digital wallet. Since coins.ph have xrp, btc, bch and eth. You can easily transferred your coins preferably the said coins above into fiats (php) then cash out to the supported banks or remittance center. To sum it up:

• BTC (from exchange) transfer to coins.ph/abra acct.
• From coins.ph, convert btc to fiat (php). Remember that every convertions has a corresponding fee.
• Or in coins.ph, convertions are not necessarry and we can easily cashout btc to the remittance center to remove fees from converting btc to fiats. This is what I usually do.
• Cash out to the supporting outlets. (Another fee)

Coins.ph already have an exchange where we can already trade. So if you are a trader, you can easily trade at coins.ph and direct convertions and cashing out.

Same here. I just that 'Rush Money' from OP. But I do have some idea now. If it is related to economic status of a particular country, how is it related with bitcoin? Seems vague for me until I've read this from steemit.


I just don't understand why are you so worried about rush money in bitcoin. In the first place, we are not under banks and we hold and keep our btcs in our wallets.


I don't think so. There is a big difference of rush money you are talking about. And we simply trust bitcoin. If we want to withdraw your btc, you can easily do that.

When there is a hype about EOS I bought some and stored it in my wallet. I can not really sure if my decision back then was right. I bought it at $12/BNB last year and it dumped to $3 for how many months. Recently, I saw price improvements at $8. I just hope that the long term wait will gonna end soon and EOS will go to the moon like others are wishing.

BNB is worth to invest. I can assure that. A few months, I've been trading this coin and so far I am gaining enough profits from it. The hacking issues is not a hindrance for it's price to fall. Especially now I've heard that they  are planning to open margin trading. In line with this, we could expect the price increase of BNB coin.

Well, it could be possible. Honestly, I never heard the name Paul Solotshi and I tend to read the article and search more about him. I've heard he imprisoned because of illegal activities. In that case, it is more evident that he can't touch his hidden btc. But he has relatives and can give access to it. Why don't he pass on the private keys, etc. To his family members ? Or I was just thinking that he is some kind of  another fakesatoshi that is suspicious, too.

Yes, actually. If tron is controlled or not. His statement proves something. As tron's pump after the price, their is a manipulation behind it. The owner of tron blockchain seems playing the price and had an impact with the sudden increase. Let us just don't fall for this. As you can see, we didn't see tron's pump for many months not until lately.

Perhaps, you may want to read this guides and tips on how to choose a particular right exchange for a newbie like you.

• Guides how to Choose an Exchange
  
  It also provides some informations about tradings. You will also learn the differences and the backgroynd of some trusted and reputable exchanges. It may be a great help to you.

Just like what you think. We are not yet ready to incorporate this kind of technology in an education system. Though there is a good impact if blockchain technology will gonna enter the system, there are a lot of things to consider. It will be a great help for some schools or universities and will have a great impact in adopting blockchain technology.

Time will come, this kind of technology will introduce by someone who are pro with this kind of educational blockchain technology. The school data as well as the studen'ts data will be easier to access and monitor.

It is not failure. It is the circumstances that we need to accept. There is no free in this world and we have to take the consequences. There are some people who hardly accept that their is a particular fee in every transactions. If we just consider it as a tax, then we can just go on. Buy a coffee with fee. Anyway, we can purchase other than coffee like things that is very useful for us. People have different views about bitcoin as a payment but my point of view is that bitcoin is developing and is now successful in many ways.

I respect your decision, dude. We have different strategies. Yours is the safest way of investing. Even me, I can not afford to buy 1 bitcoin, too. But i bought other coins and a part of bitcoin. So far, the results are good. The corrections is also the good way to buy more. If you know how to read indicators, etc. You can easily decide when to buy or not. Anyhow, bitcoin at $3,000 is really a cheap price before and glad i bought some part before the $8,000 showed the market.

Another fud circulating to make investors to panic buy. I just read other crypto analyst speculate xrp to increase at $5. [ I just forgot where i read it] and now will gonna reach $10? I don't think so. I am also an investor of xrp, I am one of those hopeful and eager to wait that xrp will rise that high soon. Seems impossible but let us just hope so.

On the other hand, I wonder, What made David Gokhstein think and speculate that price? Is there a big event for xrp?

Seems like John McAfee and CSW are brothers with the same attention seeker attitude and with both mental problems. He over speculate bitcoin. And if that will gonna happrmen with $1M? I swear, I will praise McAfee with all my heart and kneel down to kick his balls for predicting exagerately about btc's price.   $1M? I will be millionare if that gonna happen and i will buy his mouth, no his whole soul to shut his craziness. Just kidding.

With that good amount to invest. Start with the leading coins such as btc and eth. For example, buy:

• 50% bitcoin
• 30% ethereum
• 20% other altcoins

Their are always a risk investing in crytocurrency coins, but I would prefer to advice to you to invest only with the top 10 crypto coins. Just buy them at the cheapest price or wait for the bear trend before you buy those to become profitable.

 I guess, you have already decided to start trading. If you are willing to take a risk with that 3000 euro.
 Goodluck, then.

I also don't feel keeping and entrusting my btc to the banks. Like what people here said, we do have our own wallets where we can monitor and can access our coins anytime and anywhere. It is good that OP provided the lists of pro crypto Banks. We have different point of views. Some may also want to keep their btc in the banks where they think it is better and safe to save it there.