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Actually, it's very addicting, and if you don't put some limits you'll start to live in a world of charts, japanese candles, wave, exchange rates and so on. I decided to put boudaries when it seemed normal to me to stay all night in front of the monitor. Now I force myself not more that three hours a day.
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It seems that for most of newbies here is difficult to accept that currencies have cycles. May be you complain if you bought bitcoin in december; but if you bought them one year ago, you still have 1000% profit. So what?
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Of course, there are legit ICO and there are scams. Who starts a ICO try of course to make a profit; some of the organizer try to offer real value, other not. In a new market, it's normal; so, we have to keek the eyes open.
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You can make money on forex, but you need to be very good and to have a reserve capital to recuperate the losses. If you run out of money... bye bye...
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With a more stable price, bitcoin will become more usable as real currency. At present, the high volatiity makes this use about impossible.
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Government are just studying the way to control and tax all this "bitcoin stuff". For the moment, we have still a lot of freedom, but you can bet that they will find a way to steal our money :-(
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In theory yes. But you are anonymous only until you try to exchange bitcoin with fiat money. With little sum it's not difficult to keep anonymity, but with bigger ones, it's almost impossible.
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If you don't take care NOW, nobody could access your bitcoin. You can write your data access and let them somewhere for your family. Not too difficult.
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It matters because you need to exchange it with other currencies. If you used only bitcoin, theoretically speaking, it didn't matter, as you would be only interesten in what you can buy.
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There is no rightr answer, it depend from the situation. If there is some hope that price will rise again, of course you can keep. If not, better to sell all just to make something, without regret.
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Ahem...do you think that if someone had the aswer, he'd write it here? :-) Btw, seriously speaking, there is no way to predict with precision, but you with good analysis you can identify some trends and exploit them.
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There are plenty of sites that offer free material to learn, and almost all brokers have an internal course for free. Of course I'm talking about forex. Crypto is more dynamic and dangerous, but principles are the same.
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Strategy simply means that you have a goal and you need to find the way to achieve it. Of course you need to be smart, but also to understand the consequences of your actions.
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A cashless society is very possible in theory, but it needs a global technological advancement that - for the moment - it's still far away
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Nobody can predict the future, but I don't think there will be a crash too soon. Bitcoin is just at the beginning, don forget that cryptotraders are still a microelite.
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With altcoins things are not so clear, but with bitcoin the supply is strictly programmed. And more you try to produce them, more difficult become the algorithm to be solved.
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Money is just a representation of value. Of course you need value to create more value, but not necessarily you need money: the value can be knowledge, creativity, skill, and so on
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I think that in the next future any big corporation will have its own coin. This will the end of the trend, where governments will be replaced by corporations. I predict a future where in forex you'll trade facebookcoin against googlecoin.
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If you can master the panic(!) volatility is a very positive thing, because you can make big profit. Of course, is make mistakes, you can also lose a lot.
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Bitcoin is just doing well, so I don't think it will crash so fast
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