One thing is for sure, when we are using cryptocurrency as our currency and paper money isnt needed anymore, then it is sure that the way of life is gonna be a lot easier, I think by that time, the volatility issue is gonna be worked with and there will no more reason for us to use banks.

I think that could be both bad and good for bitcoin, many holders now are selling their bitcoins because of what is happening, we call it panic, and it is doing a really big effect in the price or value of the whole cryptocurrency system, but it is good to the fact that more people now can buy more bitcoin, as long as there are new investors or more people who are gonna invest in the cryptoword, then I think every thing is gonna end up good for the whole cryptoworld.

I know that they are making money by using our money and investing it on some business, making loans and making interests, this way they earn a lot, I dont think that banks are doing something illegal like spending our money for their own good, we are paying them to hold our money for us and they give as a percentage of what they earn in doing the things I mentioned earlier. Im not against banks, but I am not for it as well.

The tokens that you are talking about is a coin just like bitcoin that is used for something, for example, I am selling my product, and you wanna buy some, I can sell you as much amount of my product that you want, but you cant buy it with money, but I have this coin, you can buy this coin with your money, and buy my product with this coin. I think the main objective of this whole cryptocurrency system is to get rid of the paper money or the physical money that we have.

The topics that you gave as an example really is some of the most talked about topic, not just here but also outside the cryptworld, being born poor, having to start with small and all of these talks, but the one thing that I would like to add is the willingness or the strong will to be starting on your way to success, it could take you a long way, some had the advantage, everyone is just taking different roads, but all want to get at the end of their journey which is success. 

I think, bitcoin and the whole crypto community hasnt still recovered from what happened this year, the cryptomarket went booming then just like the old timers when it comes to investing, it all popped, and the rest of the new investors went bankrupted, and theyve lost millions nopt just a small anount of money, so I guess it is gonna take sometime before the whole cryptocommunity can recover. 

In my own experience, when it comes to bitcoin and other cryptocurrencies, they dont believe it that much, they think it is all a big scam, that wants to get their money, I cant blame them, because the media here in my country is telling the public that bitcoin is a scam, that is why my friends sometimes thinks that even I am scamming them, but I just let it go, theyre still my friends, but one time they saw my income, they all were surprised.

I think it is mainly because of the tax issue, but one important matter that affects most countries is the volatility issue, of course they wouldnt risk the use of such thing with a very high risk of it losing its value. Most countries are still unable to produce the technology needed to fully utilize the use of cryptocurrency, as we all know there are still lots of countries that are graded as third world, they dont have the means to support the cryptocurrency system.

In my opinion, if they are still using money to pay things or services, then they are still using cash, the only thing that matters her is that, the cash that they are using is in another form, which have an equal value that is tangible, so for me, paying digitally, buying digitally or receiving payments digitally, is as good as paying, receiving and buying with the use of cash, although if we think about it, in a much shallow mind set, then you can call it as cashless.

I would preffer to increase my bitcoin, why?, simply because bitcoin is volatile, it could give me more dollars even though I am just holding it in my online wallet, unlike dollars which will not give me more dollars if I hold it in banks or in my wallet. The only thing that matters here for me is whether to chose a stable one and save money or chose a riskier one and have the chance to earn more dollars.

I think, bitcoin will continue to dominate the cryptomarket, the demand will still be greater than any other cryptocurrencies, and I hope that in that day, poeple are more aware of the cryptocommunity and what it is about, I really believe that cryptocurrency is gonna be the biggest change that will happen to our generation and it is the change that is sure to bring a better way of life to everyone.

Saving money is not always the answer, But, if you really wanna save money, I think the best way to do that is to change your life style, live simple and do not buy things you dont really need. Living a life as simple as buying just the things you need could give you a lot of more savings that could sustain whatever your needs are, buying only your needs and not the things you just want would make a great difference when it comes to handling your money.

I guess the bitcoin bubble have its point, look at what happened to the price of bitcoin, not just bitcoin but the whole cryptocurrency, they all went skyrocketing, value become higher and higher, it got bigger and bigger just like a bubble, and when it got too big, it just popped, and now, yes these coins still have value but most of them just went from the sky straight to the ground, if that is not called a bubble, then I dont know what to call it.

In my opinion, the reason why most of the crypto users are from the richest countries is simply because of the technology, most of the third world countries are not interested in the new technology, and that is because they already have a lot of problem finding food, their problem is how to get food and to survive a day without dying, so new technologies are just way out of their heads. One more thing is that, they they dont have enough information about cryptocurrencies and other modern technologies.

I think, fiat money are created only because it is much more convenient than our older system of paying which is trading goods, people find a way to be able to do an easier transaction and that is by fiat or cash, they find it very useful and easier that is why they have decided to use it word wide, I think that is gonna be the way cryptocurrency will enter the transaction system, because it is easier and more convenient when it comes to transaction.

I think, people who have invested in cryptocurrency is in such pain today because of what happened this year, it was such an experience everyone were into cryptocurrency, buying and holding cryptos then the bubble suddenly pops, and simple investors are left hoping for then to just even get whatever amount of money they have invested in cryptocurrency, I dont think people are gonna be investing on cryptos after that insident, maybe not sooner but atleast later.

In my own experience, one good investment that I have made is property, real estate is a great way to invest your money, as we all know, most of the properties especially real estate if not all always increase its value, unlike cryptocurrency that is very volatile, investing in real estate doesnt give you the feeling of panic, because you can just leave your property to sleep without the thinking of you having to experience loss, it is more stable and safer.

I think, cryptocurrency is being banned in many countries because of some tax issues, the government is seeing hiw people are getting loads of money without them hacing to pay taxes or in other worlds without the government grtting anything from it. I guess one more thing is the paper works needed, the legal matters and all the talks before cryptocurrency gets accepted fully.

As I see it, it is simply because it is a lot easier for them to invest in gold and silver, investing in bitcoin or anyother cryptocurrencies need at least basic knowledge to advance knowledge about our new technologies today, and that is what they are having trouble with. But if they would just learn how to use our new technologies today, they would find that investing in cryptocurrency is a lot easier than having lots of paper work investing in silver and gold. I think this is the main reason why, stability is just a secondary concern.

I think the best way and the most effective way in investing in bitcoin is to just start buying small amount of coin first, this will allow you to monitor and study the flow of the crypto market, when you think you are ready to add up more bitcoin in your wallet or account then just buy again. This way you will see and understand a bit of how the market run, then start reading and looking at what other people are doing and saying, get the things that you find useful, knowledge is the key in investing, and a bit of luck.