I don't think we can avoid the economic crisis. We have to face it. and to face this economic crisis there are some things that we must have.
1. we must have an emergency fund. This fund will be used when our country is hit by an economic crisis So I always set aside 20% of my salary for emergency fund savings. and I think if we have bitcoin. we can count on bitcoin as our emergency fund.
2. when there is a crisis most of the prices of necessities will go up so we must have additional work in order to meet daily needs.

I think this is just a graph similarity. bitcoin and gold are both very different we cannot compare the two. bitcoin with its fluctuations can go up and down without anyone controlling and unpredictable. but I think the value of gold tends to be stable. and bitcoin with its blockchain technology I think has its own path.

to increase bitcoin I followed a signature campaign. and also trade altcoin. but unfortunately the altcoin market is currently bad so now I rely on the bounty campaign to add to my bitcoin. when I get a gift token I will sell and then I buy bitcoin. or if I have more than my salary from my professional job. I will use it to buy bitcoin. currently the $ 8k bitcoin price is a great opportunity to continue to add to our bitcoin. because many crypto experts predict bitcoin will pump in 2020.

of course the best way to increase altcoin is to trade. but trading carries a great risk because the current state of the altcoin market is going up a bit and falling more. if the altcoin market conditions like this are better hodl. and choose altcoin which has good technological potential and can develop in the future. I don't recommend investing in ICO because most ICOs are now scams.

expectations for bitcoin I think are close to reality. bitcoin does not disappoint. the current value of bitcoin is $ 8k. I hope by the end of this year bitcoin can reach $ 10. and for altcoin very disappointing altcoin market has not increased since 2018 continues to decline. up only 1% -5% then fall more. since many ICOs that scam the altcoin market are depressed and many altcoins are ultimately dead.

I think now investing in altcoin is very risky because the altcoin market continues to decline. and I think this year is the worst year for altcoin. the altcoin market is depressed most altcoin investors choose to sell their coins before experiencing greater losses. due to the depressed altcoin market bitcoin became dominant. although many new altcoins have sprung up but they cannot last long and eventually die.

no because in my opinion lending cryptocurrency will be able to harm either the borrower or the person giving the loan. because cryptocurrency is very volatile it can go up and down suddenly. for example, I lend btc when the price is 1 btc = $ 4k, then next month when the btc price falls, it will be $ 3k, I will lose. I'd better use fiat money if I would lend people money.

it seems like there are still many cities that are bitcoin friendly besides those mentioned by OP such as Malta, Tokyo, Seol and Queensland are some cities that accept bitcoin as a means of payment. Many outlets in Agnes Water in central Queensland that accept crypto as a means of payment. most of the city accepts bitcoin to attract foreign tourists to visit the city. with the increasing bitcoin-friendly city, it will make the crypto market bigger. and will probably make bitcoin toward mass adoption.

in my opinion it's better to buy bitcoin than follow cloud mining. most cloud mining companies now are scams so it is very risky if we join a cloud mining company that is a scam and also the operational costs of mining is very large. so I think it's more efficient to buy than mine. if we already buy bitcoin we can immediately use it to trade.

yes I agree with you the three things that you mentioned earlier are the reasons why until now cryptocurrency has not been a mass adoption. because most people do not know and understand about cryptocurrency. secondly all millennial communities must have a smart phone but they do not use the smart phone to learn about cryptocurrrency. but now there are many applications that support cryptocurrency. they still like and are comfortable using fiat money.

yes, I agree with you even though cryptocurrency is growing rapidly we still need fiat money for daily use. or if one day there is a major natural disaster, the internet and electricity network will be cut off. of course we will need fiat money. I think both fiat and cryptocurrency can support each other without having to eliminate one of them. and although cryptocurrency is now headed for mass adoption. it will take a long time to be realized.

in my opinion there is no relationship between IEO and ETH. currently eth continues to decline due to the large number of scam ICO projects. Why does this affect ETH? because most ICO platforms use ETH. and for IEO projects they don't use eth. they immediately get tokens from the project developer which are then given to the exchange. and then the exchange sells the coins to investors. so even though many successful IEOs will not have an impact on the price of ETH.

if I prefer to exchange IEO over even though the public response is flat. because the IEO that is exchanged for the top is a good IEO they will not cheat because the exchange will definitely select the project before it is entered in the token list. they will not risk big-name exchanges by accepting bad projects.
and later when the project is successful there will be many responses and investors who are interested in investing.

why is disappointed? the crypto market like this. up and down cannot be determined. This is a risk we must face when entering the crypto market. not only is ethereum the past two years almost all altcoins have experienced the same thing going up a bit and falling more. but I am optimistic that in the future ethereum will pump again. because ethereum will release eth version 2.0 maybe after this launch eth will go up. investing cryptocurrency is not a way to get rich overnight. investing in crypto requires patience.

in my opinion the weakness of the crypto world is the number of fraudsters and hackers. in my opinion this is the biggest problem in cryptocurrency. and negative news such as crypto is used for money laundering, illegal trade. it all makes people afraid to invest in crypto. and this happens because of lack of knowledge about cryptocurrency. therefore we as a cryptocurrency community should always promote good and positive things about cryptocurrency.

most people who know and invest in bitcoin before 2017 will experience a pleasant life story like OP. they were lucky to get to know bitcoin before the big spike so they all made huge profits. I also have a happy story I can finish building my house too because of bitcoin. but there are people who are not as fortunate as we are, those who invested in bitcoin in 2018 they all must have complained about buying when bitcoin was expensive and then not the profit they got. because the price of bitcoin continues to decline to $ 3k in early 2019.

I think bitcoin will be the solution during the economic crisis. we take the example that has happened in Venezuela. In recent years Venezuela has experienced an economic crisis that has caused hyperinflation and the collapse of the Bolivar currency. To overcome this the Venezuelan community has begun to adopt bitcoin as an alternative payment. now they rely on bitcoin to make payments. so that when the world experiences a global economic crisis then bitcoin can be a solution.

I think most large exchanges require KYC for security and verification. IEO is now a good solution for investing in crypto after many frauds occur in ICO. IEO requires exchanges that cooperate with the project developer. And later the project developer will send tokens to the exchange and the exchange will sell tokens to investors. exchanges need KYC to be clearer and safer.

I think it's too soon to say Libra will threaten XRP. because XRP has been around since 2013 and has become the dominant coin in the crypto market. already has a large volume of trade and community. while the new Libra will be released, we don't yet know how and what it looks like. even now there is already a lot of negative news about libra. Libra repudiation from European countries and the United States. and some large companies that support now either choose to leave or don't support libra. so I think XRP will stay ahead of Libra.

I think it's too soon to say that it will boycott libra. because the coin hasn't been released yet and we don't know that libra has a negative positive effect on cryptocurrency. During this time I think positively with the launch of Libra it will make the crypto market more crowded and famous. if later after it is launched in 2020 libra provides many benefits, of course I will buy it later. but if later this Libra coin can threaten bitcoin then I won't buy I prefer bitcoin.