Honestly we don't know what will happen in the future. As we already know that bitcoin price movement is really depend on the economic and the situation of the country is this world. Especially, when the corovirus came that has pointed out that bitcoin is being choosen by most people as a store of value and we can see its price now, since the coronavirus cams bitcoin has been increasing for almost $60.000 and it has been one year.

So, we can predict as long as this situation I mean the corona virus or another plague still come and disturb the economic all country then we can measure that bitcoin will always be choosen by most people as their investment place and this thing will make bitcoin always increase. Otherwise, when there is no plague or something bad that can disturb the country economic then we measure that sooner or later its price will slowly down.

Depend on their knowledge actually and depend on the fundamental factor. I mean, when there is a bad news for bitcoin most likely they will sell their holding and otherwise when there is no bad information it means there is no thing that can change the current sentiment market then they will still holding it.

The current price is really high, but there is chance for bitcoin to increase more than now. As we all know, most likely the people who still hold bitcoin now if the current sentiment market change then there will be a huge dump for bitcoin since we already met the situation when bitcoin price touch new all time high and there is bad infoemation then a huge dump will come.

Those strategies is the first step to choose an investment place. But, after that you have to know when you should sell your investment place. Yeah, you have to choose the pariode of time i.e long term investment and short term investment. Also, you have to know the market sentiment, this is another part that really important especially when you start.

If you just start when the market sentiment is bad, then you have to wait until there is a sign that the market sentiment will change so as you will the coin when its price is really in the low price. After that, you can make a decision between long term or short term strategy. And indeed, I agree with some people above me who suggest that investing in bitcoin is really promissing when you choose it for long term investment. The strategy has been proven that will give you a huge profit.

I haven't met to take a bad advice from someone else since I just newbie to crypto currency. Because, before I spent money to buy bitcoin I just find a lot of knowledge first about bitcoin especially in this forum through beginner and help section. Yeah, the beginner and help section is so helpfull for newbie, there are so many information or some guard to know the ins and out about bitcoin.

But, maybe there a worst thing that happened to me when I started to trade crypto currency. Yeah, I take a lot of advice from other people and make it as my own strategy without I know I took the decision. Almost $1000 I lost my money because I made other people decision. That is the worst thing that I did then I realized and learn hard about trading strategy and until now I still learning it.

For what purpose may I know?

It is not dogecoin only, even when you chooss bitcoin to teach here you may have to the purpose. An example for investment purpose, but I don't think the kid of 8 years old will understand how investment purpose is. Also, if you teach her for transaction tool purpose I don't think she will understand it as well since the fiat transaction is quite enough for here. 

There will always have a chance for a good coin to increase more than the current price. In this case BNB coin, this coin has a good future as long as binance exchange always be a choice for crypto user. More than that, BSC or binance network is becoming a good alternative for the transaction tool than ETH. Yeah, we already know that previously most crypto user using ETH blockchain for the transaction or as a tool to send the coin. But after ETH blockcahin is become busy and make the transaction fee getting high day by day then most crypto user just move to BSC as the alternative. At least this situation has pointed out that there will be many people who will hold BNB coin as their investment place because they will think that BNB will have a high price in the future.

I found this rumor https://www.google.com/amp/s/bitcoinmagazine.com/.amp/business/what-happens-when-walmart-buys-1-billion-of-bitcoin that walmart already bought bitcoin but they haven't announched to the public. It means, there is chance for walmart to choose bitcoin as their saving place for their fund.

I guess there will be many companies that will make a decision to hold bitcoin. Given bitcoin is a promissing place to be made as store of value. Moreover with the curreng situagion when they need a good place to avoid inflanation they will be easy to choose bitcoin. Also, some big companies who already have bitcoin on their bag will push another company to choose bitcoin.

Sometime yes, run it means I'll find some place to relax so as I can back to trade with the comfortable mind. Trading need a good mind or you need to have a comfortable feeling when you get start. You will just get a huge lose when you are trading in the bad situation. I mean, when you have a lot of things in mind you will not have a good psychology. This thing will affect to the strategy that you make, you will just be in rush to make a decision.

I have many experience when I had a lot of things in mind and I did day trading. I just make a lot of wrong decision and make a lot of entry until I just realized that I got a huge lose. This situation just came when I didn't know much about technical analyst strategy and I haven't learn about pshycology trading.

I never heard that there is a platform that offer staking bitcoin. Just some altcoin that can offer staking feature and most of them using ETH blockchain. Bitcoin can only be used as an investment place it means a holding place or trading place. You can use hardware wallet as your holding strategy and you can choose an exchange as a place for trading.

And if I compare the return for staking feature and holding bitcoin then I'll be prefer to choose holding bitcoin. Yeah, that is a promissing strategy than other strategy, especially when you hold it for long term investment and you bought it at the very low price then yeah the profit that you will be high as well.

For the first time I tried to trade, I was just depend on my emotion or even just guessing like gambling. But after I got a huge lose then I realize that this thing is a bad idea and will just make me spend a huge lose like I play gambling.

After that, I looked for some ways to learn how to trade well at least I can trade without lose yeah that is the first time intention after I learn about trading strategy. But, during the time I can overcome and know some trading strategy especially technical analyst.

Until now, I still learning about trading strategy and buy as much as I can about trading book. Yeah I'm more comfortable to learn in the trading book than I learn in the some trading site. I realized now that the first time I traded is that I just stupid person who just trading without some knowledge.

That's true, indeed bitcoin is for long term investment. Yeah most bitcoin's user out there who hold bitcoin for at least two years will already got a lot of profit from their holding. Take a look with the bitcoin price two years ago, its price just touched $10.000 and trying to increase becuse its price is been able to touched $10.000 barrier after a huge crash two years back.

But, it is depend on the situation. Bitcoin price is more volatile than traditional investment place. We can see a huge different if we compare with the traditional investor, although its price just pumped then the price increase will not touch 100% or more than it. So, as the solution we need to pay attention that selling our holding is a good way when bitcoin meet a huge increase. There is a chance for bitcoin fall again since most crypto user will be afraid that the previous event just come again.

I wouldn't be surprised when facebook really hold their balance in bitcoin since we have been known that they are trying to make their own crypto currency. At least by this rumor they can easily attract many new user or even instutional investor to support their crypto curreny. As we already know that they are difficult to lounch their own crypto currency just because US government.

In other side, I agree with some people above me who argue that the rumor just came from the someone that has no popular. We don't know about him at all and yeah shoul have a little trust to what he says. Also, I just thinking that we shouldn't be surprised when there is companies who decide to buy and holding bitcoin because bitcoin ia deserve to getting it.

If you doubt to hold bitcoin then you have to sell your bitcoin now, don't hold it for long term pariode. Also, investing in bitcoin is not easy as you think. You have to know the characteristic price movement first before you buy it because eventually you will be like that.

I guess if you know already about technical analyst and fundamental analyst then you will know what will you do. And yeah, this situation will just make you confuse to what will you have to do and this will only tire you out.

I have made a prediction that bitcoin price will fall to $40.000. Technically I see that there is ABCD downtrend pattern which is strengthened by the formation of a candle today will be a red candle. Also, seeing to the weekly time frame the movement pattern is storngly forming a head and shoulders pattern that will give a sign for the bearish trend.

We don't care about that, bitcoin still look promising to be made as mean of investment place. And I don't know the reason why he just make the statement, from what reason bitcoin go to zero if the founder show himself to the world. Yeah, it doesn't make any sanse since bitcoin has been here for more than ten years and there is no bas thing happened about its founder.

Many people just consider that bitcoin will always has a value. Even, if you just show what has been done by bitcoin day by day and you just watching it you will be regret at the end. Yeah, how many people who has felt like that? They just regretted why they just ignore bitcoin from their live whereas he can be able to buy it when the price just low.

Altcoin market will be depend on bitcoin market sentiment, I mean the altcoin season will just come when bitcoin price is not in the down trend market. Usually, the altcoin season will happen when bitcoin price in the sideaway market after its price increase a lot.

But now seem like there is no altcoin season since bitcoin price just give a sign will meet a correction. Take a look with the monthly time frame, the candle that will be formed will be a red candle and some altcoins market especially ETH has formed the same movement.

Indeed, seeing bitcoin price movement especially from technical analyst side there is a sign for bitcoin fall below $50.000. Especially when you see on the candle monthly time frame that this monthly candle will be formed as a red candle. Techincally it is a called as hanging man candle that will give downtrend signal.

Also, the other technical analyst says there is a chance for bitcoin price form an AB CD pattern. The AB pattern has been formed and the C pattern should be a correction ans after the C pattern has formed then we will see a huge increase from that and the target will be $100.000.

I rarely even I never use crypto currency as mean of payment system. It means, I just using it for invesment only, as for when I want to withdraw it then I'll sell the ETH to my money fiat directly in the binance exchange. So as I only use arround $0.1 when I withdraw it.

There are so many alternative when you send crypto currency even bitcoin. Just move to the altcoin that still has a low fee and send it. Also, the transaction fee will be depend on the altcoin itself, I mean the transaction will high if the altcoin price is increase as well.

Take a look a few years ago when ETH price is still low, there are so many people who using it as a transaction tool. But, when ETH price is increase and there are so many project who use ETH network and its network become busy then its transaction fee is increasing as well.

I heard the other statement from Elon Musk that all payment that collected from some crypto user who bought tesla car using bitcoin will never be cashed, but now he just told that he has sold his holding from tesla.

I mean, yeah that is the bad thing that must know by most crypto user. There is chance for bitcoin crash a lot since there are so many instutional investor who hold bitcoin just because they are following Elon Musk suggestion.

First of all, before you try to convince other people to invest in crypto currency (all investment place) you have to know the ins and out of the investment place itself, yeah that is the important factor. More than that, crypto currency is not a new investment place anymore, there are so many people even instutional investot have been trying to invest in crypto currency especially bitcoin or even altcoin.

May I know, for how long you know crypto currency? Have you bought those altcoin (ETH and BNB)?  Maybe if you already investing your money even you already got a profit then it will be easy to convince other people who close to you. Even, in this case your father has already known about investing then it will be easy to teach him to get interest in crypto currency.