DIVERSIFY

In order to manage risks, learn how to spread your investments across multiple coins or investments in other fields. That way you can't lose everything if an unfortunate event. Also, handle your money wisely and only invest what you can spare.

If we based it on a yearly basis then yes. As per historical price figures of bitcoin, it's was still on the rise year after year since inception. With bitcoin, unless you are trading which favors a volatile short term market, it is all about long term goals.

Like Satoshi Nakamoto just created bitcoin and gave us a guideline. Then gave us the rein on what to do with his creation. However bitcoin will eventually be used, I'm still all in for it since it's the eventual future financially.

Its just how the world works. But we can't do anything if whales decide for themselves on what to do. Just look at what happened to the captain in Moby Dick. We can't fight them. So best is to go with the flow.

Security of your accounts is paramount and goes without saying actually. You can only loss your password to thieves and scammers if you let them. So you have to be vigilant in researching. But most probably the most mistakes we make that makes us lose money is giving in to our fears and selling low in a bear trend.

Most likely in the next 2 years since currently we are feeling it slightly. It's already like part of the worlds cycle that we enter into a crisis especially in the financial district. The digitizing of our currency is the way to go to optimize out financials.

This is what I was trying to explain to people when they question bitcoins capacity to increase in price. On the get go, it's already established that it is very volatile. But if history is any indication, it actually goes through lots of high and lows but it eventually rises from previous years. I'm not expecting it to go too high as last year but close enough.

HODLing would be my best bet. Still hoping that we can turn this bear phase around before the end of the year as per past 3-year figures of bitcoin. I would like to buy altcoins since the market is down but I admit I'm having second thoughts sometimes.

Bitcoin is a survivor and might not be that much popular in recent months but it is still fighting. If we can, we should help out by educating more people about it. Recent postponement of SEC's decision on Bitcoin ETF has it down right now but the good thing here is that they are really considering it rather than completely rejecting it.

When I got into crypto, I have to admit, I lost some money in trading and investing since while I do know what I'm getting into, I was not prepared emotionally. When I see my coins going down, I panicked and sold low. Only to know see that prices went up. So we have to be prepared mentally also when getting into crypto.

It's a very long road to globalization of bitcoin as the current state of our financial system still depends on fiat currency. Although, slowly our funds are going digital when we deposit them to banks and payments are made online. In the future, when everything will be mostly digital, bitcoin will shine.

Most probably worst case scenario for HODLers since trust in bitcoin will be far less as an investment. But for the utilization of bitcoin, it's a sign of normalizing the price range and possibly showing bitcoins potential as a payment system.

While bitcoin transaction fees vary, they really depend on the difficulty of mining set in the coding of bitcoin. Higher network congestion, higher fee. The only thing that will make it have excess fee than this is if you use exchangers' services.

How bad may the future hold for all of us, learning about others success in investments is more of a double-edged blade. On one hand, it uplifts our spirit and reassures us that there are still hope for investing in projects. On the other, as you said, it destroys when met with failure. We need to keep an open mind and learn to accept what tomorrow gives us.

It's just a way for them to attract more people to exchange in their exchange. Exchangers are really making a lot of money in every trade happening in their site. I don't think it would affect much on the price since there may be volume but if no one is buying or selling then nothing. That's what I think at least.

The blockchain is poised to replace our current standard of trade which is fiat money. But for me, we are a long ways still form this happening. It will have to go through lot of research and government drama worldwide. It only needs one successful country to create a domino effect though.

I know where you're coming from and actually have been thinking of the future of bitcoin which just focuses on money. But it is the current state of btc and I don't think that people are into it to steal from other people knowingly.

ICOs are a way for newer companies and technologies to be introduced to the community and furthers the importance of blockchain. Sadly, ICOs are opening left and right with not much justification on their value and this really hurts the world of crypto and future users.

Because anything that is "free" affects the brain of the masses very much. Everyone wants free stuff and will do just about anything for it (as long as it's easy). Just like when you see the word "SALE" or "DISCOUNT".

Tell him/her that fiat money is also used by hackers and criminals all the same. Bitcoin is the future for online transactions and some banks are already looking into the blockchain technology. Nobody can stop progress and we are moving forward.