The resistance at the current stage is greater. The general public does not understand the principles of Bitcoin, and the resistance of traditional financial institutions to it has led to this situation. Active Internet users can easily understand the principles of P2P networks and know the advantages of bitcoins that cannot be manipulated and controlled by humans. However, ordinary people do not necessarily understand this point. Many people cannot even distinguish the differences between Bitcoin and Q coins. In addition, the biggest advantage of “there is no issuing institution” is that Bitcoin is worthless to some traditional financial practitioners, and these are all derived from their ingrained ideas.

It's almost impossible. The digital currency cannot look at technology alone. The important point is community and consensus. At this point, Bitcoin is already an anchor currency for the encrypted digital currency circle, and its basic position cannot be replaced. The most used scenario of ETH is currently used for ICO. Once the trend has passed, the value of ETH will decline.

My biggest regret is that I sold it without waiting for Bitcoin to rise to the highest price. Although I have gained revenue, I have always regretted it. I think in the market of cryptocurrencies, we must learn to wait and observe calmly.

If the income I make from investing in cryptocurrency is enough to pay for a house, I will cash out a part of it, pay for the first phase of the house, and then slowly pay monthly payments. I will not cash out all of a sudden.

The existence of a blockchain may reduce some of the bank's business, but it cannot replace banks. After all, people in society don't like risk. Some of them like stable income. Even if profits are low, they don't want to take the pressure.

The reason why Bitcoin is important is that it has features that other currencies do not have, such as decentralization, exclusive ownership, and circulation throughout the world. These characteristics all make Bitcoin's value continue to rise and play an ever greater role in people's lives.