May be it will be a surprise but if to compare bitcoin, gold and fiat you'll find out that there are different benefits which all three have: you just choose what you prefer most. The majority in the forum chooses bitcoin, we like to have control over our own money and digital nature of an asset. But some others prefer relying on a third party or to have a physical object to own and they can consciously choose another option.

And how can you be sure in that? If you are not a clairvoyant you have no real way of being sure in anything in crypto market: I've seen no one  here who didn't make any mistake in predictions. You can guess one time and be wrong the next time. And even while we in majority believe that bitcoin will grow we don't really know how soon will it grow, what will be a path to ATH, etc. You can never be 100% sure.

1BTC is always 1BTC. Until you exchange it to anything, you didn't lost. Panic caused with rates changes is one of a known foes of an investor: if an asset is reliable then you should better wait until it recovers and not panicky sell it just because of drawdown. You can lose if you stay in fiat as it is inflationary, but if you stay in bitcoin you can just wait staying calm.

It's not only about correlation between the amount of money with which you come to the market with the possible losses, it is also about that different funds mean different strategies in trading and investing. If you come with 10 dollars you usually have very few options to where to go with them, but if you come with 100 billions it is the same: most small assets are too small to play with. So traders of different size should have different strategies and they make own mistakes not all of which can be didactic for others.

If bitcoin is less regulated and regulated the other way in USA and Canada it doesn't mean it is not regulated at all or prohibited. Many countries consider that what is not prohibited is allowed. So nothing strange that the biggest market has a biggest amount of BTM in the world. And we are talking about commercial BTM mostly: business expect to get more income from bitcoin servise in USA and Canada because of an economy size.

It is not mandatory to be outstanding, it is usually good to be grateful for what have.

В том, что бычий тренд начнётся до конца года, я почти совсем не сомневаюсь, так что насчёт «вот тогда» я очень сильно удивлюсь, если в этом году не будет старта бычки. Гораздо больше, чем если она стартовала раньше моих предыдущих ожиданий. Но если все ожидают, что пойдём вниз, то по традициям крипты идти против ожиданий большинства, может, и бычка стартовала...

Думаю, что ещё сходим вниз. Аргументация, как всегда, конспирологическая: похоже, что вытрясались монетки плохо, поэтому манипуляторы решили сделать обманный прыжок вверх, чтобы потом на очередном падении довытрясти всё, что можно, а уже потом запускать реально бычью волну.

Но с тем же успехом может оказаться, что они идут как раз против такой позиции, потому что она тоже может быть достаточно массовой, и тогда есть какая-то вероятность, что бычий рынок пришёл раньше и вопреки всем ожиданиям.

А вот самым наименее вероятным я по-прежнему считаю уход вбок. Особенно весело будет, если именно это произойдёт... но нет, не произойдёт!

Usually it goes the other way: at the time when the one understand that they are losing money they lost already or everything invested or huge amount of it. And considering that you can do what the majority can't can be a mistake by itself: most of us are the same in the most common for people things, even if we think better about ourselves (of course I think! ). Relying on expectations of a luck is not a good trading strategy.

I don't know what source does CNBC use but they also say about 212 BTM in El Salvador what places the country on the 5th place in quantity of BTM (higher are just USA, Canada, Spain and Australia). If to keep in mind that El Salvador has the smallest population among these 5, it is a good result. Of course we expect there will be more BTM in the country but you are right, what they have is impressive already.

Ordinary people just have no option of real saving of their savings: economy is inflationary, property is taxed and sometimes can seized, trading is hard and risky, deposits have low or even negative percentage. So when we got a deflationaty asset it become one of the most easiest ways for saving.

And governments will try to find a way to tax it and make it not so beneficial. They always do so.

Sensible remark. It is always important to keep in mind both your safety and safety of your counterparty. And first if to pay in bitcoins we should have different addresses for different purposes. If lots of people pay with bitcoins and majority have very few satoshis then it will be less dangerous if a balance in an address you use is small. But the retail should think of anonymity of clients as well, you are right.

Банки появились задолго до того, как в какой-либо форме стали возможны безналичные платежи, и, тем не менее, прекрасно работали и развивались. Помимо прочего, они занимаются регулированием финансирования бизнеса, и гражданам на откуп это даже через CBDC государства не отдадут. Абсолютизация чего-либо редко ведёт к верным выводам. Я практически уверен, что в обозримом будущем банки никуда не денутся. Да, будут, как и всегда, трансформироваться под новые обстоятельства, но прекрасно выживут, потому что экономика на децентрализованную и дефляционную перестраиваться, если и будет, то очень и очень долго. И те же CBDC это просто одно из небольших препятствий на этом пути.


IOTA, IoTeX и другие IoT-проекты сейчас заплакали: они столько усилий прилагают, а их даже не заметили, предлагают что-то придумывать.

I can agree with your words but deflationary nature of bitcoin which makes it more expensive with time is also important in some way: you can not worry about if your holdings will depreciate and if you lose your pension or smth like that. So it is so easy holding bitcoins and being calm that it is a very important part of bitcoin for me. It is not important that it can grow up high or not, it is important that it will not depreciate.

FOMO is a bad feeling and we should avoid it. Before selling your bitcoins you just should reflect if it is the most right moment as could be seen from that exact time; if you need those money to spend at that moment; if you don't have fiat to spend. If after all you still think you need to sell, remind you in the future that it was a considered decision and fight with your FOMO.

If a loan was taken in consideration of true income of a person and they entered in that circle it can be not a worst situation. Most times first step will be just to step back and calculate income and expenses. Is it possible in theory to start paying and how much, which expenses could be cut. Then make a plan and try to deal with a bank with that plan. Most important is not to panic and try to stay calm, mostly everything can be solved. Even bankruptcy is not the end of the world, lots of people went through this process and improved their life after. Worst decision is to worsen the situation with new and new loans.

And that's why we should share information about crypto and how is wrong trading in crypto. Because many even in this forum consider crypto as only a magic trading asset with which they will get as much income as they'd probably not earn for a whole life. Staying calm and self-collected and having all info we need is a real value in any investing or tradind and in case of highly volatile assets it is even more important.

As for me I'm not still enough for active trading and it is good that I know that. So I lose much less then could.

What about making business in some other jurisdiction until your country will become more bitcoin friendly? Well, it is not an advice, it is just thinking out loud. Probably if we want to have more contact with crypto in business we can try to make business abroad. May be some have such an experience and can share it with others? And then when you'll have enough experience in using crypto in business you'll can be among the pioneers of it in your country when it'll open for crypto. Sounds attractive, but I have no exact clues.

Bitcoin is just money and IMO we should consider it so: if we need money at the moment for anything important and we don't have enough fiat for that then of course we should use crypto assets we have for the needs we have. Or for what do we get it? Holding for just holding is a strange idea. We collect bitcoins for having some assets in the future to buy what we need or wand and that future can be at the moment as well. And even if there is something that we just want and we need to spend bitcoins for that we should not feel disappointment with spending bitcoin, because even buying something pleasing is important: we can always earn more bitcoins in the future, but we can not get the happiness of today any day in the future, it can be achieved today only.

How can we reliably know that the market is steadily growing and will grow for all the time we need to take a loan and then to earn enough to repay it? If someone is experienced enough in trading or investing to know that, they'll hardly ask such questions in the forum. So I'd say that if such question is coming to your mind then you shouldn't take a loan for trading or investing.

Весь взрывной рост популярности продажи NFT-картинок выглядит довольно неожиданно. По сути, в большинстве случаев единственным обоснованием было, что когда-нибудь это всё будет представлять собой коллекционную ценность...  хм, исключать, конечно, ничего нельзя, но потенциально неограниченные в эмиссии картинки, которые может выпускать кто угодно и даже, фактически, с одной и той же картинкой множество NFT... в общем, кто умеет ловить рыбку на краткосрочных хайпах, тем, наверное, интересно, а так... есть некоторые NFT, которые выдавались ограниченно, какими-то конкретными проектами, и которые потом могут учитываться при следующих раздачах плюшек или для участия в акциях, — в таких токенах ещё есть смысл, они реально уникальные. Но большинство... удивительно, как под это удалось насобирать сотни миллионов.