Solana is a good project and it has been growing back as of recent. And I have read a lot of experts analysis on the cryptocurrency and they are all mostly positive. Most of them expect more than two hundred percent (200%) increase in 2025 and even more by 2030. So, the same thing you believe is what a lot of people do believe; that it will continue to grow in the future, as long as the developers continues to work hard to better the platform of Solana.

Although something else I have seen a lot of people complain about this project is its centralized form. But I have heard that they working towards being as decentralized as Ethereum and Bitcoin this year, and let’s hope they make that happen.

There will always be people that will use the war and the donation thing only to take advantage of their own but it can be possible to detect. usually if we have seen lots of identical projects, most of them are just scamming. We need to verify if the project is backed by reputable people. That is the only way to make sure that the purpose of the project is to help the people in ukraine and not to help the developer of the project to get rich.

It's a good thing if they consider crypto during this times and the more we like it if it will remain this way for such a long time. I don't know about you why are you worrying? we already identify that wars don't have negative effects in crypto.

That is the issue and the most traders have to go through this same thoughts every time and at the end they feel that it is usually best for them to just store their cryptocurrencies on the exchange that they are making use of, maybe Binance.com. and coinbase.com, instead of having to keep withdrawing and depositing it all the time that they want to trade on the platform which will result in having to pay a lot of fees.

But, by having their cryptocurrency stored on the exchange they can easily get to trading without much hassle. Although sometimes you can as well just divide the money and not put all of them on the exchange except the ones that you are trading with. That way you can at least minimize the risk.

Do you ever check the daily trading volume of Bitcoin? If you do check it you would know that there are lots of people who are using bitcoin to make transactions everyday or buying and selling. Of course there are many people these days who feel it is best for them to just hold their bitcoin because they are trying to save value.

It is a matter of choice whatever you feel is best for you to do with your bitcoin, then it is best that you do that. And majority of the transactions that we do these days are mostly with Fiat.

I take myself as an example because where I live you wouldn't see anybody who is accepting bitcoin or any cryptocurrency at all for payment. The only way you’ll be able to find someone accepting cryptocurrency for payment is through online and even online you would really find it hard. So I mostly use bitcoin to save value for myself, which is indeed a good thing to do, but also because I have less options to spend it.

The fact that people all think that this happens is the proof that it can't always happen. Why? Because, reality is that we can't ALL buy and sell at the same time, it is impossible for us to buy and sell at the same time. Which means that it can't be happening, you feel like it happens, and you do face this a few times for sure, but it can't be like this forever, it is just a lucky or more like unlucky chance that you hit this and that is how you get here.

Moreover, we should not be really shocked about the results, we should be a bit more shocked about how we could predict it, but reverse version. In reality that could be used to profit as well.

Such a thing has happened to me several times. there have been times that I planned to invest in the market and it happens that I missed out on my target and then I will feel that I have made a huge mistake because I missed the target I had, but at the end of the day I will realize that the market has dipped more than what it was earlier, and that means I now have a lot cheaper price or a lower entry to start from whenever I decide to go for it.

The best feeling comes when you finally invest and realize  that you got in at the lowest point that the market would reach, and from there it starts going up and you start making good profits.

In recent times, I decided to invest with grin after theymos's good review about it. But, when I was checking its economic rules, I decided not to go with due to its massive supply. (Grin is a good coin for privacy reasons and not for investment purposes). I really had JOMO at that times.

There are also some millionaires who wouldn’t be interested in it and would rather prefer to be making their investment in other type of assets. But even all the millionaires like you have said decides that they want to invest in Bitcoin and maybe they want to buy 1 Bitcoin each – what you have to know is that there is no possibility for all of them to buy one Bitcoin each since the market is filled with so many other People and as each continues to buy the more that the value increases, and they might to even pay up to a million for a Bitcoin or even more as it continues to increase due to demand.

Yes, that is why early adopters of Bitcoin were able to make lots of money because they were able to get on early and hold for a long time and it favored them. It is also going to be the same with people who would get on now, I can imagine where the price would be in the next decade ,it is going to be really huge. The same way that the price has increased to this current price level right now is the same way that it is also going to be very high in the next decade. With more investment coming in, the price would be increasing more and to match the demand that will be coming in the market.

Dude used to worth 300+ billion dollars at one point, I doubt that a few billion dollars wouldn't hurt him and that was on Tesla, not his personal crypto account, his own could be a lot lower. Which supports the idea that he could just forget about it, like he spent it on something and he could just avoid looking at the price of his portfolio forever. That way he could make as much profit as he wishes to and not even sell it.

I am not saying that he won't sell ever, he could sell it eventually but that doesn't change the fact that he could just not sell even if he makes 100x and that is the power of wealth. We may sell in that case, but he doesn't have to.

What I really like on Elon Musk is, he may be doing these all for personal gain but agree or not, he is supporting this crypto space at least on indirect means which is priceless in my perspective as it may bring lots new people to get into bitcoin or into cryptocurencies somehow.

Those two countries are not even in the top ten of countries in the world with the largest economy, so I don’t see whatever they are doing having any major effect at all.

The price of Bitcoin has already started being bearish before this was started and we have seen it drop as low as $30,000 and it continues to go between this price and $40,000. And since the war started I haven’t really seen any major changes that has exceeded this current range.

Moreover how did you get to know that there are more transactions of Bitcoin in these countries? Although I would agree to Ukraine to an extent because there were lots of people who were donating Bitcoin to Ukraine and the Bitcoin donated were being used to fund their military. But do you have any reference to prove what you have said?

There was a point when I thought that just holding my cryptocurrency for a really long time was what I needed. But, I finally started to think about it and it started not to make any sense to me because I really needed the money or profit that I was making from these cryptocurrencies that I have invested in.

Hence, I started to feel that the decision doesn’t really make any sense at all for me that I need to make sure that I am selling once I have made profit so that I can be able to use the funds in other areas or businesses that I am involved in.

This way for me, when I invest in a coin I make sure to check whatever returns that come from it at the right moment. It can be really helpful to do that. You don't just leave the profit there to stay forever. Then it wouldn't just be making any sense.

I believe that what you wanted to say was that cryptocurrency is illegal in your country.
In case cryptocurrencies are illegal in your country you can still continue to make use of it and even be sending it to your employees.

Although you would have to be very careful and make sure it wouldn’t be an information that would leak out there or get to the authority because that will then result to a problem for you and your company.

Or maybe it is best that you just stay out of making such a decision and just continue to pay your employees with Fiat. The decision that you made is a good one but if making such a decision would be to the detriment of your biz, then it is best that you just forget about it.

There are so many cryptocurrency exchanges that have their own native coins. First of all we already know about binance.com which is BNB and also BSC (BinanceSmartchain).Other exchanges that also have their own coins are Uniswap which is a decentralized exchange. And the next one is Crypto.com that also has its own token named CRO. Then I believe that Huobi exchange also has its own cryptocurrency. There are so many others as well that also have their own coins. Mostly I would be considering binance coin and uniswap. Then the next one that I will also likely be considering is crypto.com coin (CRO). You can as well research on these and see whether you can get better coins to choose from.

Uniswap is a bigger name when it comes to decentralized exchanges. So far that’s the only coin that belongs to a decentralized exchange that I have invested in. Another cryptocurrency that belongs to an exchange that I have also invested in is BNB. Binance as we all know it is not a fully decentralized exchange. It is centralized to an extent.

Although among all I would likely consider Binance because it is a really huge exchange and it is very popular. So, it has the possibility of more growth in the future which makes it a better choice when you want to invest in a token that is owned by an exchange. And also judging from the past history of how the coin has been moving, it shows that it is really another very good cryptocurrency in the market.

Crypto in general became one for me years ago. I have been working freelance for many years now, a lot of years actually and I can tell you that I have been paying for many things as well. I always wanted my own project and that resulted with me spending money by paying people all around the world as well, other freelancers and domains and hosting and servers and software as well.

So, I have spent and earned crypto for years and that proves to me that I never really needed fiat. Sure I still use fiat in my regular life, but that is because I have to, not because I prefer to. Who would prefer fiat if they could spend crypto everywhere? The amount of people who own fiat would drop significantly in that case.

Nice. So which wallet have you decided to start with? If you are starting with any wallet I am going to recommend that you start with recommended wallets as to get to learn the basics of how it works. And when you have got into learn the basics of making use of a cryptocurrency wallet, you can then move over to making use of a non custodial wallet like Trust wallet.

For now, I would say you should start with any easy-to-use wallets some people have recommended, especially centralized ones. They are easy to use and one thing with using a centralized wallet is that you would have the customer support in case you encounter any issue on their platform.

Decentralized wallets are not really like that, when you are making use of a decentralized wallet you are completely on your own and every decision you make is just on you. Maybe when you now have full knowledge on cryptocurrency you can then start making use of more advanced wallets.

There was a period where fake volume was a big thing, but I do not think that it is as big as it used to be. Plus even if fake, we can see the ups and downs as well, we could have maybe 2 billion real and 10 billion fake, but when it is 1 billion real 5 billion fake you know it went low, or when it is 4 billion real and 15 billion fake it went up.

So, it doesn't matter how much of it is fake or not, as long as it goes up or down, you know there is an interest to it. The adoption could be a lot more faster than this if we could just use our crypto instead of needing to cash it out, so when that happens you will see volume dropping and yet adoption going up as well.

We cannot leave fiat all together, that will never happen. I have always dreamed about becoming so wealthy one day that people would let me own my own nation. Not like a huge nation in the middle of Europe or anything, just a very tiny, maximum 5k people island somewhere far away from the mainland. In that place I could try to build a nation that worked just on crypto and not on anything else, and taxes would be paid with crypto as well.

But, even in that dream world, the volatility would hurt everyone. Your 0.001 tax could be 100 bucks or could be 1k, and you would be destroyed if it is way more than what you should be paying in fiat. Hence, fiat could never leave.

In 2021? We definitely did. We reached to 30k level by the end of 2020, and from there we just kept on going higher and higher, reached 64k which was a new all time high and dropped very hard, like literally under 30k levels at some point.

By the time October came around, we reached 68k again from all the way down, which was awesome to see, and that was breaking another ATH. I do not remember a single year where we had a more than 2x increase, more than 50% drop and then more than x2 increase and another 50% drop, all in a single year. Doesn't mean that it is impossible, it happened so it is possible but it was something I really did not expected at all.

I would not say that trading and gambling even have the same level of risk. In one of them you are guaranteed to lose your money in the long term (even if you win in the short term) whereas in trading it usually keeps getting better and better because we are talking about making money by learning how to do it better.

Obviously it isn't really different in the sense that when you invest, there is a chance to make money or lose money and when you gamble there is a chance to win money or lose money. But that is where the similarities end for me, anything else that goes on is terribly different and the outcome of doing them would be different as well.

If your entire question is "will bnb price be high", then the answer is clearly yes, based on how big Binance is getting every single day.

We are talking about a company that is doing all the legit moves they could get, get into nations that have extra regulations in a different website and still be there, put money into project in BSC network to get them bigger and many other good things that help them grow. They have a lot of money, and they are using that money to grow, they do not just take the money and leave, they are putting that money back into things that will help them grow even bigger. Considering how much BNB they have, the price going up helps them too.

I am pretty sure that we really understood the value of crypto during the covid-19 period. Look at the prices during 2020 and 2021 and you will realize that it definitely does have a big deal right now according to many aspects of it. I believe that we should not be worried about people not understanding it, because the prices skyrocketed during that period which is enough proof that people did understand the type of deal bitcoin was during that period.

I do not think that war brought the same thing and that is why it is a bit surprising, I mean war is as big as covid too, maybe doesn't impact the whole world as we know it, but it definitely does impact most of it.