It would be wise to partially convert bitcoin to stablecoin, but not now that bitcoin is now below $ 54,000. It will probably still rise more than $ 60,000 and this will be a chance to partially fix his profit. In summer, the market may decline until autumn and this will be a good opportunity to buy again.
I keep a significant part of the cryptocurrency in ethereum. I transferred a very small amount to USDT, as I hope for the rapid growth of this coin after July, and even more so from the fall.

Bitcoin and states' central bank stablecoins really have little in common. However, they can still be competitors. It's like bitcoin and gold: they also have little in common and, in general, even have diametrically opposed functional characteristics. However, Bitcoin is now a strong competitor to gold.
The stablecoins of the central banks of states will compete with cryptocurrencies as a means of payment. This is still a cryptocurrency vulnerability and the emergence of CBDC can only exacerbate it.

This seems to be the case. Game tokens NFT have a prospect for growth, since they compare favorably with ordinary ones, but those that identify objects of art, I'm not sure. I still can't figure out their functionality. It seems to me that these very peculiar tokens will have limited demand from fans of this particular piece of art. Therefore, I think that this is another hype with DeFi, which will subside after a while.

I think that many will think in this way and therefore I am a little skeptical about the further significant increase in the price of bitcoin. Of course, cryptocurrency is a new financial phenomenon and we do not fully know its capabilities.
I keep a significant part of my cryptocurrency in ethereum and, given its current update, as well as the large amount of cryptocurrency issued on its platform, I consider it promising in all respects. Even now, the rise in the price of ethereum over bitcoin is quite impressive. Despite the fall in the price of bitcoin to the current $ 54,193, the price of ethereum almost reached its previous price record at $ 2,442.

Such a long winter is unlikely, but such a turn of events cannot be ruled out either. Although the last months can be called a triumphant procession in the price of bitcoin, which has risen from $ 20,000 to over $ 60,000, I think that the higher the price of bitcoin rises, the more difficult this process will be to move. People will be afraid of losing their large amounts of cryptocurrency and react more to various negative information about cryptocurrency.
 At the same time, the cryptocurrency market is developing rapidly and, most importantly, its users are gaining the necessary experience. Therefore, what happened before may not be repeated in this market, or it may happen in a different way.

Yes, KYC has nothing to do with banks printing cash. This is most likely a public safety tool, as it is a measure aimed at preventing money laundering and combating the financing of terrorism. In June 2019, the FATF international commission obliged states to introduce recommendations developed by them into their national legislation within a year, including on the identification of senders and recipients of transactions worth over one thousand euros.

In the initial period of the official announcement of the spread of the then epidemic of coronavirus, the price of bitcoin fell for other reasons and they were not associated with the emergence of the threat of global global inflation. In March last year, people just got scared and began to make food supplies and other preparations for isolation, which required a sharp increase in cash expenditures. Therefore, they partially sold their investments in cryptocurrency and it quickly began to fall in price. When we entered the pandemic, the cryptocurrency, and above all bitcoin, has only been strengthening and growing since that time. This growth was especially noted precisely when there was a real danger of the onset of the global economic crisis.

Venezuela's problem is not socialism. It is unlikely that this authoritarian country can now be attributed to the socialist form of government. As many here correctly point out, Venezuela needs a proper organization of economic management. Global reforms are needed to eliminate the policy of simply eating up what is earned from oil production.
Due to the forced transition of states to renewable energy sources, oil will lose demand and fall in price. Therefore, the economy of this state needs to be reoriented from a simple distribution of produced oil to something that will bring real profit in the long term.

In reality, things are much more complicated than some describe here. Bitcoin and gold have their own advantages and disadvantages. Moreover, in terms of their characteristics, they are more diametrically opposite than they have any similarities. They are actually united only by the high price, but in all other respects they differ sharply from each other. It makes no sense to describe their distinctive characteristics. If we consider the price, then Bitcoin loses here, no matter how high its price compared to gold. Gold has an almost constant value. As for bitcoin, its high price volatility overlaps with all of its really good other characteristics. We have no guarantees that there will be no situation that tomorrow we will wake up and see that the bitcoin price has dropped to $ 20,000 again, or even to $ 10,000.

The fact that the deputy governor of the People's Bank of China called bitcoin an "alternative investment" is already some progress. However, these are only the words of one official, moreover, not of the highest rank. We need regulations from the highest legislative body in China, or at least its government, which would express a clear attitude towards cryptocurrency. Otherwise, tomorrow another official may say the opposite opinion. This was the case in Russia before, until they adopted a bill in the first reading that actually prohibits the circulation of cryptocurrency and its use as a means of payment.

This information is already a little out of date. On December 1st of last year, there was indeed a similar notice, which spoke of the planned release of Diem in January 2021, when the Swiss regulators where this stablecoin was registered must issue all permits. However, then it turned out that in England for some time there has been a cryptocurrency company that has a token with the same name Diem (translated as Day) and it intends to defend its right to this brand in court. I don’t know how this dispute was resolved, however Diem release has now been postponed to February next year.

Of course, we do not deal with cryptocurrency in order to collect it. We look forward to selling it over time at the maximum possible price. Moreover, each cryptocurrency has its own maximum differs from others. Therefore, it will be quite normal if, based on our own assessment of the capabilities of a certain type of cryptocurrency, we periodically sell it - in whole or in part, fixing our profits, and then re-buy at a low price. The whole problem is to find the right time for buying and selling. Moreover, it is impossible to calculate everything in advance. Here, to a certain extent, it will depend on our intuition and just luck.

I was also interested in this issue, read and heard many different versions of what happened. This is the statement of the US Treasury Department on its intention to take harsh measures against financial institutions for money laundering using cryptocurrencies, and the introduction of US sanctions against 28 cryptocurrency bitcoin addresses, which are accused of involvement in interference in last year's presidential election, and a statement by the Turkish government to ban use cryptocurrency as a means of payment, and other similar news.
There are also two more possible versions of what happened that I have not heard of. There can be many such possible reasons. It is unlikely that we will be able to find out the true reason. It may also be that all of them, to one degree or another, influenced the situation with the fall of the cryptocurrency market.

No matter what we say now, a certain part of the cryptocurrency holders will always sell their tokens or coins when they drop sharply in price. Such actions first of all indicate that they do not know and do not possess the completeness of information about the project and its cryptocurrency, and are not sure about its prospects. If nothing significant has happened to the cryptocurrency, then it makes no sense to sell it after its price drop. Especially if such a drop occurs along with a general drop in the entire cryptocurrency market. You should always take into account that this market develops cyclically and after a fall, after a while there will be an increase.

It is really useless to compare the ethereum network with others at a time when ethereum is fully renewed. I don't see any point in this. All the same, these estimates will lose their significance in the near future, as the actual data will continue to change. When ethereum finishes updating, then we will compare. I think the updated ethereum will look much more attractive than it does now.

Many people associate the current drop in the price of bitcoin and the entire cryptocurrency market with various negative information that has recently appeared in the media. However, we can see that after yesterday's price drop to almost $ 54,000, today bitcoin has risen to $ 57,300. This indicates that the decline was short-term and in a few days the price should recover at the same level.

It's not even about proven resources, but about the price of bitcoin. The higher the price of bitcoin, the faster a certain part of people will react in this way to any negative information about the cryptocurrency. Moreover, such information will not always be false. This is one of the many reasons why Bitcoin will find it increasingly difficult to rise in value as it rises. These objective reasons should never be dismissed and ignored. Cryptocurrency doesn't develop on its own. It will have to exist in a society ruled by states.

At the same time, during the period of rapid growth in the price of bitcoin and other cryptocurrencies, counting on quick profits, many private investors came to the market who do not yet know how it works. At the first negative information, they are afraid to sell cryptocurrency at a reduced price. This has happened many times and will continue to be. Such people do not come for a long time.
Cryptocurrency will inevitably be regulated by states, but this should not be intimidated. It will have to coexist with the currency of states and develop under the scrutiny of regulatory bodies.

Do not underestimate the capabilities of states. We can be convinced of this even on the example of the SEC lawsuit against Ripple Labs, which is currently under consideration. As soon as the lawsuit was filed last December, the price of ripple immediately fell several times, after which the US cryptocurrency exchanges suspended the listing of ripple on exchanges. One can imagine what will happen if states at the G20 level decide to ban the circulation of cryptocurrencies, and then many states duplicate this decision at the national level with the establishment of criminal liability for such a violation. In fact, all cryptocurrency exchanges and exchangers will stop working, and the cryptocurrency will be driven into the shadows, only a few enthusiasts will be able to make transactions with each other, and by that time the price of the cryptocurrency will fall to the depreciation level, since there will no longer be sufficient demand for it.
Therefore, it is better for cryptocurrency not to conflict with states.

Previously, similar studies have already been carried out in the United States and Europe, and by government agencies. They showed that bitcoin is not as anonymous as previously assumed, and under certain circumstances, it may well be tracked by law enforcement agencies. Perhaps, and with this in mind, according to research results, bitcoin was used for illegal purposes in 5-6 percent of cases, while in another study, this percentage was about ten. Fiat currency is used for illegal purposes, in my opinion, much more often.