Don't get too much comfortable with coinbase and other online wallets because they are not safe and it is better to have your own desktop wallet in your computer rather than trusting online wallets. Make your coinbase wallet as you cash in and cash gateway but never trust it to put your all bitcoin or money there. It is better to pay extra fees from transferring bitcoin from your desktop wallet to online wallet rather than risking all your money.

It is best to just save bitcoin and also do trading because that is how you will grow your bitcoin fast and that is also how you will fasten your earning process in terms of the value of your bitcoin. Saving bitcoin will help you to become comfortable for the next years because you will have a good savings in bitcoin that is a guaranteed that you will earn more if you will continue to hold. Trading bitcoin or altcoin is a good way of making more bitcoin or money also so don't be shy to try it too.

It is best for me to invest in bitcoin prior to forks because that is how you will be buying bitcoin and getting a free airdrop coin because the airdrop coins or forked coins are created because of the hard fork or the fork that will be going so it is useless to buy bitcoin after the forks because you will not get like a rebate or instant money back so be wise and buy bitcoin prior to forks.

It is alright if you lose a lot of time in working in the bitcoin faucets because that is not a completely loss because if you didn't notice it, you have learned something from that and that is to become patient in working because we all know that in a faucet site, the earnings are so small and it takes time and patience before you earn enough amount of satoshi to reach the minimum and to get payout.

Yes, it just depends on the supply and demand of the people in the market. The price of bitcoin is decentralized and the market cannot be dictated so it is just depending on the people in the market. The price drops because sometimes the people are selling bitcoin because of the bad news but it is now lessen because the people are now smarter in terms of holding bitcoin.

I also think that the digital currencies will replace the paper money because this is the era where the technology is starting to change the world and also the form of money and because of the digital currencies. The transactions and payments will become much easier than before and people will not need to bring their thick wallet for payments because they can bring millions or dollars by their smartphones and because of the digital currencies.

That is a great plan for your children to know bitcoin at young age and that will give ideas for them that bitcoin is a great thing to be keep for long term and if they will realize it then they will easily take care of the bitcoins that you are going to save up right now and in the future. Just keep educating and guiding them in the future until you see the successful days in their life because that is the duty of the parents.

I don't think that the price of bitcoin will fall to 4,000 USD again because the price right now is being stable for more than 5,000 USD and that will become the foundation for the price to not fall back to 4,000 again and for me the price of bitcoin will continue to just go up in the future because the progress are keep being good and that will result for more pump price and the 4,000 will be just a price of history.

I agree with you that there is always a bad and good changes in the world of cryptocurrency because the market is depending on the demand of the people in the market so if there something goes wrong then they will lose money because the market will go down and that is how they will lose their faith in bitcoin but if they are already used to this kind of scenario then they already know what to do and that is to buy bitcoin and hold it for long term.

You should not doubt bitcoin and just grab the chance or opportunity and buy a lot of bitcoin right now because there is no person that can tell if there will be a 2nd chance or 3rd chance or even 4th chance because it depends on your action. If you will take action then that is the time that you can tell yourself that you get the 2nd chance because nothing can happen if you will not take action and if you are just thinking and doubting then it will lead for no results or progress.

The only fork that i know that is useful is the segwit fork and because of that segwit it will enable the lightning network where the transaction will become faster and better than before and aside from that, there is nothing useful for me and those bitcoin cash and bitcoin gold are not useful in my opinion because it is just a waste and an airdrop for free money and beside than that, there is no use for those bitcoin cash and bitcoin gold.

It is good for me because they are regulating the bitcoin for their own good and there is nothing wrong with that. If they are against the bad possible uses of bitcoin then if they will regulate it then all of the other people in Australia will be on the agree side because they know that is how the bitcoin will stay longer in their country.

That is the best way to secure your bitcoin is to store it with a high security like the hardware wallet or paper wallet. Security of our bitcoins is the most important in this world of cryptocurrency because your money is one of the most important thing in this world so it is better to spend some money in hardware wallet rather than trusting online wallets.

It is either the person needs to pay something or to buy something so he need to convert bitcoin back to dollars in order to complete getting money for his expenses in real world but most  of the people that i know are keep converting their bitcoin back to dollars because they are taking advantage of the volatility and they are making money by trading.

I agree with you, this is the best thing to do to not lose all of the opportunities that is given or we discovered because if we will just try and grab the chance from bitcoin then it will be worth it because the investments that we can put can grow into higher amounts that we could never imagined. If you win in an opportunity then you will be happy but if you lose then it is an experience and lesson.

Governments should allow bitcoin to continue to grow because they can get benefit from it. They can use bitcoin as a payment in different stores or for their services that they are giving to the other people. If they will invest their money in bitcoin then it is a huge help for them because they can earn profit in a very short period of time which is suited for the people who want to make money fast.

They banned bitcoin because they are afraid of the anonymous transactions of it because it might cause them trouble because the criminals are the one who have the advantage for this feature of bitcoin and it can provoke a terrorism since they can get funds for that activity by bitcoin and because of the anonymity, a lot of illegal activities might be created.

Of course there is a huge chance that the price of bitcoin will move up then the amount of your money that you putted in bitcoin will increase too because bitcoin is an investment and because of that chance to invest, you will get a chance to increase your money by just waiting for the price to go up. If you are planning to put all of your money to bitcoins then it is just risky.

If i were you, i will just use my bitcoin to trade altcoins because that is even better rather than waiting for the price of bitcoin to goes down and to buy at cheaper rate because you can trade a lot of altcoins which you can trade easily and you can make a lot of profits in form of bitcoin with that and if the price goes high then you can sell your profit in trading altcoins to covert it into fiat.

The price of bitcoin is very unpredictable and that is the reason why it is risky to turn all your money into bitcoin and i believe that bitcoin is a good investment but it is not worth it to bet all your money into this because you might regret it at the end of the day which is not a good situation to happen so prevention is the best and you not be greedy into investing even it is for bitcoin.