European countries use the Euro directly, but countries outside of Europe do not use the Euro as much as the US dollar. The popularity of the US dollar is due to the fact that the US dollar is the global currency so far. Since you brought up the topic of buying a car, I am telling you that suppose you went to buy a car in a certain country, in that case, you have to pay for the car in the local currency of that country or in US dollars. If you want to pay in euros while buying that car, then never accept Euros for your payment. If the euro is a global currency like the US dollar, you can use the euro anywhere. Another thing you may have noticed is the benefit of a global currency when one's assets are calculated in US dollars.

If you are also asking for the limits in binance p2p, $1k won't give you any trouble as others have said earlier, it is not much of a big money.
And found out that UAH is in binance p2p  - https://p2p.binance.com/en/trade/all-payments/USDT?fiat=UAH.
One way to do it is deposit money to binance and trade it with USDT or whatever trading pair is available to what you deposited.
You may need to do a 2-stage conversion of your money before you can avail the p2p services.
And so far, I haven't encountered any problem as I regularly use the p2p services of binance. They won't freeze your funds if you are not violating any of their AML/KYC protocols even if you reach $1k, which again, is not so big.
As long as you are giving them your credentials honestly, it won't give a red flag in your account.

There is nothing I hate seeing like those thumbnails on Youtube videos, sometimes I think those guys that give predictions and guides about trading contribute to why newbies lost money into crypto because instead of them to be teaching the important aspect of trading, they will be busy saying things that will give them goosebumps and make their adrenaline grow over their head and when they rush and start trading without any basic knowledge and get burn, they start crying like babies.

There is another funny thing these trading guides traders do, they don't in reality trade any shit, they only hold coins and freak out the public with trade settings and hype; the Halving is on the way, just watch how they come back to hype people once again about trading guide and when they make their gain, they vamous and come back the next time there is another hype in the market.

Reading books and watching online tutorials, well, they are enough already to learn but it was much better to have a mentor that guides you for a few days in trading. If we have a friend who already has an experience in trading, we approach them and gain ideas. Because we can't be good enough in trading just having all of those stuff but having an experience would give us more learning and ideas. Generally, we usually got caught up in applying it in live trading, we usually fail because of our emotions.

I disagree.

You need knowledge on what you're going to do before you actually to do it, to have a better result, just imagine investing in Bitcoin but you didn't know what is a Bitcoin address and where to buy it, or what wallet you should use, when is the right time to buy and sell, etc.

Without those knowledge, you'll end up losing your funds because of commiting mistakes, and you don't want that. Even if it is trading or holding, you need some knowledge for you to maximize the profits you can make in the long run.

He has indeed been promoting obscure meme coins, even though he said see what happens I'm not so sure from his words, especially with $1 the price will go up? It's a joke.

He is also comparing too much between PEPE and EGG profits, it will not be the same.

I understand your dilemma here. You are a good guy and want to lead your friends in the best investment possible.

In my case, my friends do listen when I tell them it's not a good investment. Simple, because they know that I know better than them being in the cryptocurrency industry for a long time.
Maybe, the best you could do is set yourself up to have a hierarchy of knowledge in cryptocurrencies. Once they see that then they will doubt buying just anything in the market. Better, they might seek you out for advice.

I don't like having arguments with people who already closed their minds in listening to others especially those who are buying meme coins and supporting them with all of their life. Most of the time, I just ignore them and let them get rekt and that's when I wait for them to come back.

The fact for me is that 98% of people shouldn't start any business with either their family or friends. We know how emotional and illogical humans can be and also because they could find it very hard to separate personal relationships from business decisions leading to  problems, conflicts and complications.

This is  not always the issue though as you have mentioned the Winklevoss twins which in my estimation falls in the 2% sector of people shows that it can work if handled properly.

Before a person fathoms starting a business with family or friends, they must sit down  and clearly define the roles, the  compensation, equity, and boundaries in a contractual manner. Once this can be achieve we are certain any conflicts that may arise in the future would have been nipped in the bud. I would also add that they should be able consider the unbiased advice and of seasoned professionals in the industry when it comes to making critical decisions about the business.

You are now talking not about support from the state, but about full-fledged influence on agribusiness.
On the one hand, I agree with you - in countries where there is a real problem of growing and providing the local population with food, state regulation and partial management, this is a necessary measure.
I also consider as an acceptable option - closer interaction with private agricultural companies, in crisis situations, when a private business has force majeure circumstances caused by external factors (war, natural disasters, terrorist attacks, ...), and these agricultural companies cannot "survive" on their own ".
In all other cases, the influence of the state, as a rule, negatively affects business (and we are talking about private agribusiness).

If we carefully read the information about the movement of assets on the whales' wallets, we will realize that these are not just moves, but moves specifically on the MARKETS. People transfer assets to exchanges for what? Right - to sell or buy for one asset, another asset. Therefore, I, with high probability and assume 2 options - sale and exit to fiat (perhaps something know) or a global change of the "leader of the crypto world", other options explaining the transfer of huge amounts of bitcoins and assume I can not assume. In this case, the option "they just transferred" - I do not consider, because it is absolutely allogical.

I think the answer to op's question depends a lot on the circumstances and personal beliefs.
Do you think that dealing drugs is a crime (not from a legal standpoint, but from a moral standpoint)? What kind of drugs or does it not matter to you? Another question is whether this person wants to abandon the current activity for something Bitcoin-related or not.
To me, it matters what kind of drugs the person's dealing, whether this person is engaged in other, more violent forms of crime, and it's a big plus if this person is seeking to escape the drug-dealing industry.
I wouldn't help a violent person, or someone who deals heroin and something of similar very strong and very negative impact. I also wouldn't help a person who deals drugs to minors. But if it's something lighter that adults get for themselves, and the person is alright (not aggressive), I wouldn't hold it against him.
All that aside, I wouldn't give anyone financial advice, I can merely help to learn more about the currency, wallets, basic security, and stress the risk of investing. Also, I wouldn't normally dedicate my time to someone I'm not friends with, unless it's something like paid private lessons.

We can always remind ourselves and others about the precautions and steps to make sure that holdings are secure to prevent loss, though I'm sure that there will always be mistakes and irresponsibility (both are human nature after all) and therefore Bitcoin will always receive involuntary donations.

We will never know the intention of a whale that comes back alive after a decade or even two. And this is becoming a typical thing when a whale comes back alive with tons of Bitcoins that have been sleeping for so many years. It just so happens that there are these monitoring bots and software that do track these old Bitcoin addresses that contain a lot of Bitcoins and anything that make them move, it's out of our business but it becomes news after all for many of these media and people that do track them. But if you're going to think of it, this isn't a real matter to think about whenever people are normally moving the Bitcoins that they've held for a long time. They're just like us despite we're not a whale.

Why would they penalise you if it’s strictly legalised? Is it legalise or is it banned? They both are way way different mate. Anyhow you should check up with your customs whether hardware like this can be imported or not? It’s just that it falls under electronics category and not a crypto itself. If not then just generate a paper wallet from the VPN and get yourself a safe cold storage for very long period of time or until the time they open crypto channels for you guys. It happens to seem no problem at all. If you get Bitcoin address then you are good to go for receiving the funds. You may not be able to send them since for that you will need to install software wallet or access some exchangers that are banned. But consider this as your cold storage may be.

I do agree with you maybe it can pave the way for other countries that crypto is not that bad and in the other hand you know that Government like Tax so much hehehhe if this exchange open there will be another income for government.

Im still likes gov like this rather than banning anything related to crypto.

Good time to buy is when price hasn't crossed the old ATH, and that's when we have money, because even if the price falls further but if we don't have money, there is nothing we can do. One more thing, there is no guarantee that the halving is approaching that the market will rise without falling and conversely, bitcoin is always unpredictable. Therefore, before investing must always draw up a plan and follow the plan, we will not be confused and panic.

I'm quite doubtful that Bitcoin will reach its new highest price next year before going through the halving because if you look at the four-year cycle it takes some time after the halving then after that the Bitcoin price reach the newest ath, but if it can reach its highest price in 2024 then it is very likely that the price will be even higher in 2025, and the price of $ 120,000 is a prediction of the price that Bitcoin will reach in 2021 but it turns out that it only touches half of the predicted price, so predicting the price of bitcoin is easy but many things will affect whether it can be reached later or not, but Bitcoin lovers will always believe that the performance of this coin will always be impressive for the holders, and not so fixated with the predictions of the experts.

Of course, and that's what we love about bitcoin, it might be very hard to see the price going down in a bear market, but once the bull run arrives, we are going to be happy as we can see our portfolio growing and maybe many of us here will become millionaires in 2024-2025.

But the hard part is that how we accumulate, it is during the bear market when the price goes on a spiral. And so we need to take advantage of that kind of down turn and don't be afraid of it. Instead we should take it as a opportunity to save and accumulate more bitcoin and then wait for the next bull run to occur.

If more people see BlackRock the same way you do and have the same level of optimism, maybe it has some addon effects I can't yet foresee nor understand. For me, at the very least, they'd need to be buying actual coin a la MicroStrategy for it to make sense to me, but still -- I can concede that at worst, it can't be bad news.

Half a mill, still too rich for me, but happy to eat my hat if that happens. Might even eat two hats.