But mostly when bitcoin increase , altcoins also follow. How can you handle such situation in trading? I think your strategy is just good for those who trade patiently or for long term but for short term trader it is not a good strategy.

Government has no single authority over bitcoin and they can't stop people for buying and selling bitcoin. If government is difficult to stop illegal drugs, how about a decentralized digital currency which is done online through internet? Of course, it's more difficult than to hunt a drug user/seller. As long as there is electricity and internet connection, government has nothing to do to stop, ban, or control the bitcoin.

Very true. It seems covid will not end even there are already a vaccine. So, we need to take care of ourselves because even you are already vaccinated, you can still be covid positive, I don't know why? I just heard on a news regarding that because of different variant of covid virus. It means vaccine is just resistance for covid but you still need to have a healthy body and strong immune system. Always follow the health protocol.

Maybe most people has a target of owning at least 1btc but it is impossible for those who can't afford to buy a whole 1btc but possible if you buy it partially until you make it as a 1btc. It's like you're putting money in the bank little by little until you make it a million after a couple of months, that was also in bitcoin. You don't need to invest huge amount to get 1btc instantly, instead invest a little and just multiply it. Bitcoin now is too high and it will continue to increase as the demand keep on increasing. Better to invest now.

Of course, those who still have work like those frontliners, fisherman, farmers, etc... should continue to work as usual but those who lost their job because of pandemic and has difficulty to find a new job should better know about crypto and focus on it to earn income while waiting for the covid pandemic to end. It's hard to venture outside in today’s era when it’s very hard to find work and most businesses have closed or otherwise laid off workers.

Is there no other crypto exchange that you can use to buy bitcoin except binance? Try to find other crypto exchange where you will be able to buy bitcoin using dollar or any other form of payment method. Also you can buy through a local exchange in your country or directly buy to a person with bitcoin, I think its much cheaper than buying on exchange.

If you mean "Hijacking" by fully control the bitcoin, then its impossible because bitcoin is decentralized digital currency don't forget that. Government has no single authority over bitcoin. If you mean "Hijacking" to ban bitcoin, then I think if government want to ban it, it should be done before where bitcoins value is very low and the demand for it is not too much. It's impossible now to happen because the demand for bitcoin keep on increasing and mass adoption also increasing. Also, bitcoin help a lot of people during this pandemic, how could government stop the way of people earning financially through bitcoin while they lost their job caused of this pandemic?

Yes, you have a point. From small capital you can make it bigger if you use it wisely but it doesn't mean that you will become rich by just owning a small crypto. You need to invest big to earn big profit and to become rich you need to double or even triple your investment. Of course, enough knowledge and strategy is always needed.

Almost all crypto exchange only requires kyc if you are going to withdraw and deposit more than the amount which they intended for no kyc. If you just trade small amount then, you don't need to take kyc for your own reason of being anonymous. Also, kyc is just required because of Anti money laundering law.

Maybe bitcoin is a laughing stock for others before but not at this time. If those people look at bitcoins value now from just a single or even a cent from the past ten years , then I think they can't laugh now instead they will amazed. Also I believe that those who laugh at bitcoin are now one of bitcoins investor. Pandemic is not a joke and bitcoin stand as financial institution because fiat has lose it's value. Just think of bitcoin now, is it laughable or valuable?

Bitcoin is strong and it has already a great foundation after a couple of years and now the covid-19 continue to push people to use bitcoin not just as payment method but also as a source of income. Well, I think covid-19 will become the stepping stone of many people to adopt a digital currency and start investing in bitcoin where it can also push bitcoins value more higher in the near future.

Why the 666 in the Bible is a literal number of evil in a paper or digital money? Sometimes religious group are so exaggerated and they always said that bitcoin and other digital currency is a gambling and not good to use. It seems that those religious group are not aware and not willing to adopt about the development of modern technology like the digital currency.

It will not possible for BNB to reach $1000 in value but all is depends on the demand. Although it is an exchange token, many people also use it specially the time that the Ethereum blockchain has a very high transaction fees.

Do you think it will happen? How far bitcoin from XRP? It's difficult to compare bitcoin to xrp and think that it will dethroning bitcoin. It's far beyond expectation. In terms of value xrp is too far from bitcoin even in terms of uses and adoption.

When you think about the past where bitcoins value is very cheap, don't feel regret instead just smile because you experience to spend bitcoin back then without any hesitation. Now, bitcoin is like gold, if you have it, you don't want to lose it instead hold it tight and wait for the next ATH.

If governments want to ban bitcoin, why not ban at the beginning when it was first created? Bitcoin now is more than 10 years of existence and I think it was rooted already, where government can't easily remove it. Well, let's wait and see what government can do if ever.

I think bitcoin can only help for individual situation during this pandemic but it doesn't have any huge help for the economy. Maybe if bitcoin is legalize in one country and all holders will pay tax then it will also help the economy.

Trading and investing are both profitable and risky. It's all depends on how you trade and invest. Both needs patience but on trading you need strategy and you should understand the technical and fundamental analysis. In investing, you should have more patience and must have knowledge about the project that you want to invest.

How did you say that bitcoin is for speculation only? Didn't you see that bitcoin can be use as payment method. In our country, we can use it to pay online our goods and bills, hassle free. Also the value of bitcoin always depends on the number of demand in the market and not because of the speculation.

Pandemic is still not yet end but the bitcoin is still at a higher value. It is clear that pandemic has a huge impact in bitcoin, through the pandemic, the demand of bitcoin suddenly increasing and many people who lost their job is now working in crypto either doing trade, joining a campaign or just investing and holding for a long term. Also through the pandemic many people become openminded and start to adopt digital currency.