It's a classic newbie mistake. The market is very confusing and it can trick us at any moment. Eventually they will get used to the market and utilize the experience.

The entirety of my livelyhood is not dependent on the cryptocurrency market. I suggest to see the cryptocurrency market as the secondary source. Whenever there is a sign of negativity in the crypto market I focus more on my other business and that keeps me stress free.

With the popularity of cryptocurrencies in the market, the opposing governments are on the verge of creating their own version of crytocurrencies. The downsides to these will be the lack of decentralization.

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Stable coins are pegged with more stable assets to tackle the unstability, just like Tether. But bitcoin is very volatile and pegging it with this kind of thing may not bring good at all.

Its great that you are looking forward with bitcoin in India. However, as far as it seems the Indian government has taken a strong stance against cryptocurrencies altogether. You may find trading difficult since RBI had a crackdown on the exchanges. So before jumping on the train, its better you dig deep

If a extreme solar storm hits earth then it will be a terrible event but I do not think all of the data regarding bitcoin blockchain will be destroyed. Yes, numbers of computers that will destroyed due to it will be enormous and blackout will happen but this kind of important data will be secured in data vaults which can withstand such attack.

XRP is surely a great altcoin and has great potential, but for it to be the dominent one it needs to go through some more developments. There are many competitors in the altcoin eco-system that it needs to go through.