Please how do I know that I am among the first 500?

Bitcoin will still be the leading cryptocurrency. A slowing down of its price does not translate to the death of the currency. You watch and see and discover that your analysis is not holistic and all encompassing.

Is it risky to put all your eggs in one basket?
If you correctly answer this you have your answer

The non-acceptance of this revolution called cryptocurrency by governments who have lost out in joining early can be a major hindrance to the use of it by a holder. Another great risk is loss of integrity or a compromised state of the sites holding the coins for the owners. and lastly another challenge is the devaluation of bitcoins in the event of a war or inability to cash out during a major crisis because of a huge transaction or the inability to be able to use he internet. 

That the bitcoin price is yet to hit the $20k mark doesn't mean it won't eventually do so.
Its the beginning of the year yet and more is yet to come.

Yes and no. yes because the standard to refer to great cash as the bitcoin price rises becomes easier to do so. However, because Gold is a precious metal, It is a physical reference to the fiat currency holders who don't believe yet in the digital currency.

Try understanding how coins are bought at the PRE ICO and sold at the end of ICOs. Try cryptocurrency trading. It is a wonderful to get things started.

We are not. The folks with the bitcoin blue chip companies are. When you look at what you have from your view. You feel you have it all until you view things from a broader view then you see that you haven't begun.
Work hard dude.

Government will never be able to put tax on bitcoin, because it is digital currency. They way only government will ever be able to do that is if the government pays you for services using bitcoin.  other than this, that's not gonna see the light of the day.

When I first heard of bitcoin, it was in 2014. Didn't quit attach much importance to it as the price was not mentioned in that article. But when i became interested in bitcoin, its price hovered around $120 -$150.

The choice is still before you. The idea of making a decision when your mind is not stable is what i will not advice. please do not take a decision until you have a clear mind. It is not even about making the right decision. Clarity of mind is important

Avoid Phising sites as much as possible. Do not click on online adverts. Detest them and you will be free from these kinds of losses.
Stay strong.

The word 'poor' is a relative word. If, however, the word poor here is used to denote those who lack the very basics of life then, what they will need will be a charity fund or trust fund to cater adequately for these needs. It follows therefore, that bitcoin will not be a solution to their problem. If you give the poor a bitcoin, because they lack knowledge, they will not even know how to access the funds or even sell it at the prevailing price but will jump at whatever is offered. So the answer is a certain no for this state of persons

Xapo, Coinbase and luno  are wallets you should look at. Best wishes.

Xapo, Coinbase and luno you should look. Best wishes.

I submit a $55k possibility because the market could open so much in 2018

The answer is double edged and it will be hard to answer a 100% yes or 100% no. Think deeply and you will understand.

The best place to start is to begin with reading about the history of bitcoin and the man who introduced the concept using his whitepaper.
Get a thorough knowledge of what and how the digital currency runs. It is always good to have a robust knowledge of what you are going into and then attempt crossing the ocean
Welcome aboard.

Nakamoto Satoshi was a pseudonymous name used by the inventor of the bitcoin. The FBI arrested several Nakamotos to quiz and find who was the real one.
Forget it. He was smart.

The forks come as a result of the diversification of the values of coins. forks bring a split in uses of the purposes to which they an be put to. keep still and put to use of the coins generated by the forks.
Best wishes