Bitcoin at the moment can only be used in facilitating transactions on the virtual space.

There is no real usage of bitcoin in real world, this is because it has not been generally accepted as a payment medium.

I believe by 2025 , cryptocurrency will go mainstream.
And will be generally accepted as a medium of payment by the public.

The volatility nature of cryptocurrency makes it difficult for the cryptocurrency prices not to take a swing at intervals.
This is what some investors should have at the back of their minds.
If they have full understanding of this, I don't think anyone would want to panic sell at loss.

I think buying now is also good but cannot be considered a" best time" as the price is still above $8k.
Again, it depends if you are buying for short or long term hold.

This is ridiculous to say the least.
The people saying that bitcoin is illegal do not understand what butcoin actually is.
They do not have knowledge about cryptocurrency ....so they term it illegal or scam.

Yes. I am a staunch believer of cryptocurrency.
Bounties have helped me pay part of my debts this year .
So I believe in bounties.
Its just that, it requires a lot of hard work and patience to scale through in bounties.

If I understand the question, investing in bitcoin is risk just as life itself is a risk.
So its left for one to take calculated risk.

Being rich is a not only a product of intelligence and certificate but also of preparedness and responsibility.

I agree with you on this.
Just like the adage that says not to put ones egg in one basket.
The volatility nature of cryptocurrency makes it the most  riskiest investment.
So its better to diversify your investments.

The best thing is buying cheaper and selling at profit, then wait for price to fall again and buy back.
That way, if you started with 1 btc, you might end up having more .

The demand factor plays an important role in the bitcoin price.
So also government interventions and activities of the big players in the cryptocurrency space.

Yes.
The longer the bounty , the lower the earning of participants.
It means that the more participants join , the less the earnings as the allocation for that particular bounty would be stretched thin among the participants.

The current bearish market does not excite me in any way, because I'm broke.
There is no money to bag some cheap altcoins.
If I had more money, I 'd be excited.

There is no rocket science to know that.
You just sell when you feel , you are in profit.
It depends on your expected targets.
If you are a day trader, best thing is sell at any profit you see.

The role of bounties to the over all success of ICO projects can not be over emphasize.
Bounties can be likened to ads , so hunters help in creating awareness of icos through their works.

Investing with small capital will not afford an investor with the opportunities of diversification of investments and high profitability.
Its more you invested, more profit and more opportunity to diversify.

The loss of your cryptocurrency private key also means the loss of your digital assets in the particular account.
This is why one should be extra careful in handling of the private key and password.. as there's no known  recovery measures  in place presently.

Most investors now see bitcoin as an asset instead of a virtual currency that it is.

This can be attributed to the price swing rather volatility nature of the digital currency.
People are scared of selling for fear the price might hit an unprecedented high if they should sell now.

"Be greedy when others are scared" is actually one of my best phrase.
The present market state is the best time to be greedy in bagging some cheap good altcoins now that some others are scared.

Greediness.
Not saving ones password very well, which has caused many untold pains.
Failure to back up wallets.
Not activating 2fa authentication.
Reluctancy in learning the basics about bitcoin before jumping in to invest.