@Slow_death We can’t also ignore that the price was at one time above $60k but now it came down to $47k. It’s difficult to spend the money that you hardly managed to save holding onto the asset which is highly volatile just to know in the end that the price has dropped significantly.

Which millionaire are you talking about? Is it Celia from that nearby donut shop? Because Elon Musk, Brian Armstrong, Mark Cuban, Dan Morehead and other dudes love crypto and have invested a big share of their wealth into it.

That depends on the use of Bitcoin. If it is going to be used as an exchange just like money, then we can call it currency. Since the supply of bitcoin is limited and it is widely stored by people as a hedge against inflation, it is functioning as an asset.

Bitcoin should be legal in all countries of the world. It is a completely decentralized digital currency that any authority cannot influence, and for this reason, it will be real protection from the pressure of governments and will help to fight corruption.

Before trading, one should know that the crypto market is highly volatile and you need to take risks as well. Remember to learn all you can about the crypto market and then start trading.

Not exactly. I think that both full time and part time trading can assist one to become successful. First, you should try to become a better trader and have more knowledge on trading, then start with it.

It’s difficult to judge whether bitcoins will last forever or not. However, it could become one of the most used forms of money considering the current scenario and bitcoin popularity. As for the infinity part, everything in life has a specific limit of its own.

‌‌‌Yes, because if students get interested in crypto trading, then they can easily learn about it at schools. One thing is that it shouldn’t be mandated because not everyone would be interested in crypto trading and they should get a choice to choose what they want to do.

Hey! I understand how you feel. The thing with people who don’t know much about cryptocoins is that they won’t even try to understand the basic concept. First, I think you should tell them the basics. After that, you can even ask them to read about it online. It’s actually the best way for them to understand the concept and they can even search for some questions that pop up in their mind. That way, you won’t be blasting your mind trying to make them understand.

Although bitcoin is not regulated by the government like fiat currency and thereby it’s less credible. But what makes bitcoins better than fiat currencies is that you will need intermediaries for the transaction of fiat currencies, meanwhile that’s not the case with bitcoins.

‌‌‌ ‌The great thing about bitcoin is that they provide extreme profits. Moreover, people can get exchange value through bitcoins without even requiring an intermediary since it’s digital and decentralised.