My first contact with Bitcoin was also from my friend. At that time, I was in the confusion of being unemployed. When I communicated with my friends, I learned about Bitcoin technology and was attracted by it. After that, I often discussed this issue with my friends. And joined the crypto market and made considerable gains. After entering the cryptocurrency field, I learned how to analyze market trends. I don't read economic and financial news often. Now I am slowly learning about it. I understand some unconventional operations, which can be input to me at the level of original knowledge. Here is the beauty of Bitcoin.
However, I haven't understood many aspects yet, and I look forward to the OP's next sharing.

My friend and I like to dance. I can assume to him that the dance club encourages everyone to dance regularly. The scoring rules are formulated, 3 points are added for each visit, and 3 points are deducted for no reason. The changes are recorded by the club’s lead dancer. Year-end points can be exchanged for material rewards.
Members of Bitcoin can be regarded as people in dance clubs. Initially, the points are equivalent to Bitcoin, the number is 0, and the ledger is maintained together. Everyone has the right to keep accounts and will be rewarded. Everyone must work together. Counting a question, who has the priority to answer the question.
My friend found it interesting under my example, and since then he has often discussed Bitcoin-related issues with me.

I always believe that there will be strong Bitcoin holders. Since its inception, Bitcoin has experienced short-selling by numerous institutions, government suppression and restrictions, but Bitcoin still survived and became the leader of the blockchain. Status, countless plunges and suppressions will only make Bitcoin's future growth path go further and further! Just like the Chinese government's suppression of Bitcoin mining, it still cannot prevent Chinese users from continuing to trade Bitcoin. Bitcoin will never disappear. I also believe that there will be countless Bitcoin holders who have the same consensus as me. Will not give up Bitcoin!

Even without Satoshi Nakamoto, Bitcoin is decentralized. He opened a genesis block and published the news two months before the block opened.

According to Hassylai’s calculations and measurements, Bitcoin does not consume a lot of energy. Bitcoin’s carbon footprint is completely equivalent to the electricity consumption that miners are trying to solve. In fact, part of the reason is that some countries do not allow black mines to steal electricity. With the passage of time, the electricity consumed by mining is also increasing. Therefore, it is necessary to cooperate with the government, which will also bring the government a corresponding economy. Therefore, from an economic point of view, the advantages outweigh the disadvantages.
The bitcoins produced by mining only need to be transported to all parts of the world through the network, which is actually environmentally friendly. So from the perspective of energy, the use of electricity by mining is not wasteful.

It is not Musk, but a series of operations by the Chinese government. First, mining was banned, and it was the bank chief who recently suppressed virtual currencies. In his remarks, I think this time the form will not be easily eased.

The outbreak of Bitcoin triggered the issuance of many air coins and altcoins, and also affected everyone's clarity and thinking ability. It seems that everyone feels that no matter how much money you buy, you can bring huge benefits. It is this influx of brainless fresh blood that has caused the recent turmoil in the currency circle. Countless air coins began to wield their sickles, harvesting the wealth of all users. This is accidental and inevitable. If there is no shock to clean up speculators, it will be detrimental to future development. It is precisely because of the shock that those who really persist can be screened out.

First, as an asset, Bitcoin is safer and more convenient than gold. This is the first innovation in human history. Everyone can buy and hold it fairly. Ten years later, the price will be unclear, but it should be higher than it is now, because every four years, Bitcoin will become scarcer and more valuable.

I think that when the next economic crisis occurs, Bitcoin should have more advantages than disadvantages, because during an economic crisis, money will depreciate and no longer be valuable, but Bitcoin will not. The more legal currency depreciates, the more Bitcoin rises. The space will be higher, thus reflecting the value as a safe-haven asset.

will not! The more China suppresses Bitcoin, the more Bitcoin's pricing power will be biased overseas. Most people have seen the highly speculative nature of Bitcoin. But the true value of Bitcoin lies in whether anyone believes that even if it plummets, some people will choose not to sell it. This is consensus.

With the development of the blockchain, countless cryptocurrencies are issued every year. For example, the hottest token in 2017 still exists and remains popular this year. It can be promoted to more cryptocurrency users during its existence. It is very friendly to the development of tokens. Holding old cryptocurrencies can still bring you higher returns. Just like btc and eth, the tokens will not lose competitiveness due to the passage of time, but their status will be deeply rooted!

babydoge  shibby htmoon
The animal currency craze still exists and will be reflected in the new animal currency

I downloaded more than one because the currency of some exchanges is not comprehensive. One is Binance. I downloaded both Huobi and okex. I don’t use much on the mobile phone. You must pay attention to security, transaction volume, and transaction rates. Like the hacker theft case, Huobi has never had such an incident. At present, it seems that the security is relatively high, suitable for veterans and novices, and relatively intuitive.

If both can be owned at the same time, I will choose to have both. In fact, I don't want to give up. But the difference is that, like Bitcoin, your private key is only known to you. It is very convenient to trade or store, but gold is not as convenient to carry or store as Bitcoin.
If you must choose one of the two, I will continue to choose to keep Bitcoin.

First, Bitcoin as a decentralized currency has no central control. This is a fact. Some institutions or whales can indeed manipulate prices. People control the price is not the meaning of OP, the original intention is that people cannot control the Bitcoin network. The entire Bitcoin network will not be affected by humans. This unconventional operation makes more people pay attention to Bitcoin.

Since the investment is considerable, why choose a loan? If you don't have extra funds, I suggest not to take a loan, but to invest according to your own personal ability. In addition, although altcoins are sometimes profitable, they are also risky. If it were me, I would not choose to use my family's money to gamble, I would try my best.

I don’t think you need to worry at all. For now, it must be a long-term holding of Bitcoin. Don't sell at a loss. You must stand the test. It reserves generous rewards for those who are prepared and truly trust Bitcoin. What was the purpose of OP buying Bitcoin at the time? Certainly not the idea of selling at a loss. If you want to support that new stock, you can reduce your investment and try, but I think it is unwise to sell Bitcoin at a loss.

I think the price entrance at the time was very good. In this case, the first reaction should be to buy quickly. Although Bitcoin is highly volatile, its market demand will definitely restore it to a more beautiful value. If OP does it, you will have considerable wealth. But I don’t recommend investing all of your wealth, holding part of it for a long time, and don’t waver.

Just like ordinary people who have just entered the crypto market, they are very unfamiliar with the unknown and cannot control it. When I first learned about cryptocurrencies, I also left a bad impression on those altcoins, which made me misunderstand the entire market. The level of knowledge is not very high, and there is a lack of real knowledge and understanding of Bitcoin. Therefore, to enter a new field, you must first have a certain understanding, after all, you are taking a risk with money.

If something similar to an epidemic occurs in your own country, you should be obliged to do so. Even if the country does not promulgate it, it must be considered for the country. During the epidemic, the price of masks was several times higher than before. When the country is in trouble, the country should be considered first, not its own interests. This bill will only be implemented in times of crisis, and adults should take responsibility.