Yes it could be better that way because buying bitcoin is pretty expensive and earning it is more preferable. As for me, I am earning not that huge amount of bitcoin but I am accumulating as much as I could because it might be too late then if I would just start later on. I am already behind in this world because I also just have known it last year but I am continuously learning to accumulate some more coins may it be in bitcoin or altcoin. There are so many opportunities in here that even if there are so many member in this forum, somehow you can find a way to earn.

As for the rule of not forcing anyone to be involved in bitcoin, I agree with this because if ever they lose their funds instead of gaining, you will end up being blamed for their own loss. You have done share your share of sharing the information about it and its up to them how to act about it.

With what is happening to the world right now like there is about to be a war and some economic uncertainties, people would want to preserve their wealth especially those rich people who would find ways to maintain their status and their wealth as well and bitcoin is one of the lucrative option because aside from it being accessible everywhere, it can go up in value because of the demand that it would attract to people who wanted their funds to be safe. Bitcoin is a big help for those people who have lose hope in their fiat currency like Venezuela who is suffering an unbelievable hyper inflation. Though it may have a positive impact to the bitcoin being in demand, still there should be a solution to this economic crisis they are suffering right now.

Bitcoin can be a good way to teach them but I think the much better way would be to make them save fiat first because being kids, I think they don't understand it that much what bitcoin is and they can relate more with fiat. You can start teaching them how to save fiat like making them save money for the things that they really wanted. I would not want the kids to think that they can easily get money just by asking their parents but somehow they should learn the value of it. When their savings is enough then they can use it freely because in that way they would realize the importance of saving.

You can teach them also about bitcoin because I'm pretty sure someday they would really appreciate it that they learn early about it from you when the time comes digital currency would be that valuable.

For the people who are not get used to trading yet, it is better to hodl because sooner or later, bitcoin would go back up because it is what always happened before so there is nothing to worry. For the traders who are already familiar with this scenario may take advantage of the opportunity to short bitcoin which according to some is more profitable and others would shift to USD or USDT to buy back lower. I am just a newbie in this world of trading that's why I prefer to just hold because I don't have that much coin so if I shift to other digital currency, my gain if ever I buy back lower would just be eaten up by fees. But sooner when I am confident enough with my trading and have substantial capital then I would take the opportunity of trading when it goes down not just holding so that I can take advantage of it wherever the price will go.

I have various wallets for different currencies. For bitcoin, I have two web wallets. The first one that I use is blockchain because this is the first wallet that I have known and since then, I did not change it. The second one is a local base wallet so that I can easily exchange and transfer bitcoin to wallet in case there are times when I need to cash out some coins. I also have some coins stored in an exchange so that I can trade immediately when I see an opportunity.

I have a wallet as well for tokens and ethereum which is myetherwallet. Since there is a lot of ICOs and most of them use ERC20 tokens so myetherwallet is convenient. I also have a waves wallet because there are ICOs also that use the waves platform for their tokens.

Somehow I do agree with the idea of bitcoin bank. There are many coins that are lost because of the carelessness of the people possessing it like forgetting his password, didn't have 2FA, being hacked, the hardware where the bitcoin is stored was destroyed and some other situations. This would be solved then if there is a bank where one would be sure that his funds where safely secured.

The downside with this is that this bank may be the target of hackers then because they knew that a lot of bitcoin is stored there. But I am sure that the one who will be employing this bank would take the necessary security measures to make the funds secure. It would work like banks do, letting people borrow some bitcoin etc.

Yes it is! In any case do not put your money into something you cannot afford to lose. Yes we know that bitcoin has a higher chance of increasing in value in the future but what if your country suddenly decides to ban bitcoin so it would be hard on your part to get your money back. It is enticing to invest into something that has a possibility of making its value multiply 2x or even 5x in the future but there is also the possibility of the opposite happening. You can invest maybe 10 or 20% of your money into bitcoin and invest others to other investment options. Never put all your eggs in one basket. You should always diversify to spread the risk.

I believe it is best if you exchange it to an exchange base on your country so that it would be easier for you to have access to it. As for me, whenever I received some of my earnings, I would change some to fiat in our local exchanger and then send it directly to my bank account so that there would be no hassle whenever I wanted to withdraw money. There is still other options too to cash out like sending it to a money exchange also but it has fee so I prefer to send it to my bank account because it has no fees involved.

Technical analysis still works but the difference is that there is more fundamental analysis involve like news, roadmaps and updates to the project. In stocks, there are certain prices that a trader looks at like round numbers or looking at fibonacci retracements but in crypto it still apply but more often than not it is bypass because there are so many pumps and dumps happening. Many traders are more focus on news than the technicalities of it though TA still works but it has a less percentage being effective than in stocks do. In stocks, usually the traders have large capital that's why a news that is still unverified may not move the market but in crypto, a single unverified news can move the market because of herd mentality.

Before when I buy a coin and drop down in value, I would just wait and hold on to it but then sometimes I would wait for months for it to rise again and since I am just a newbie, I didn't really notice that the coin is just hyped during that time I bought it and I bought almost in top so it would be hard for it to go back again on that price. I realize my mistake and sold at a loss which is quite a significant loss and with that is a significant lesson as well. As I  continue to trade, there are times when I would buy again a coin because of hype and then panic sell when it goes down in value. I do regret doing it and later on realize again my mistake so for now, I would just stick to my plan of not getting into hype and have a trading plan and would not listen to those shills.

You can have a good income with that if you already know what you are doing. I believe that if a trader understands how a market works then he can still profit and it doesn't matter how much capital he has. Eventually through trading, he would be able to acquire more that would make him capital bigger. Since cryptocurrency trading is a volatile market, there are many trading opportunities and the more volatile it is, the more money you can make as long as you know when to buy and to sell. There is a possibility that you can double your money tomorrow or the opposite may happen but as long as you know how to handle your emotions and have risk management then your good to go.

You can try having a target daily profit that would make it as your limitation so that you will not overtrade which is sometimes the reason why many traders loss thinking that the more they trade the more they profit which more often than not, would turn out worse because instead of already in profit, he would be at loss because of greediness.

As more stores accept bitcoin, they would be looking at it also because as business owners, they would not want to be left behind. The thing that would make them hesitate to accept bitcoin is because of its volatility. Price of bitcoin is not stable so there would be a possibility that instead of them to have profit, they would end up in a loss because its value go down. It would convince them to accept it as payment if ever all their transactions would be in bitcoin whether it is purchases or sales.

If they buy something from their supplier in bitcoin and then sold it in bitcoin as well then there would be no problem even if its equivalent value in fiat go down because they are accounted for in bitcoin and not in fiat thus there would be no profit or loss in terms of value. The problem with this is that there may be no supplier that would accept bitcoin if they are still spending also in fiat. What is needed is uniformity in usage of bitcoin.

If banks are only earning on fees alone then I think no bank will survive. The banks are not only earning on fees because the moment the depositors put their money there, they will let other people borrow it for a higher interest and then they would deposit some money to other investment vehicles. They would also trade in foreign exchanges which I believe is where the true money is. With just a little movement in the market and with a higher capital, for sure they would have more profit from that and they wouldn't be affected if ever they plan to adopt blockchain.

Maybe someday an altcoin may replace bitcoin because not all cryptocurrencies have the same usage as bitcoin so the possibility of an altcoin replacing bitcoin in the future is likely. Maybe it would be an altcoin that is already been existing or yet to be created. We never know what the future will be. Bitcoin is popular because it is the first cryptocurrency but maybe someday when an altcoin would be more valuable in terms of technology and usage then later on its price will caught up with bitcoin thus may end up replacing it in that place.

Cryptocurrencies have different purposes as well so maybe something will rise up in the field where it belongs like ethereum, it is in the highest position in terms of its category in smart contracts since bitcoin has other purpose and it is superior in its category. It would also depend on the support it gets from its community and so far now, bitcoin has the highest number of supporter.

I think I would continue to earn bitcoin but moving fiat money to bitcoin would be useless because it would still have value the same with fiat since it doesn't rise. Many people are putting their money in bitcoin hoping that its value will increase in the future but it would just be useless if it would stay the same. Maybe I would still use bitcoin because during that time because maybe the big companies will finally adopt bitcoin as payment option since it is stabilized and the reason they are not adopting it for now is because if its volatility which is both an advantage and disadvantage of it.

If I know that the couple or at least one of them already using bitcoin then I might consider bitcoin as a wedding gift. In traditional weddings that I've been to, most of the gifts are things that they can use in their house or car that later on may become obsolete. Some also give them money simply because they are starting now their own family so it would just be apt to give them money for starters. While they may appreciate it all, I think they would also be glad if I will give them bitcoin given that they already knew it because they knew it would become very valuable in the future and may help them in their future plans as well.

Price of DGB now is more than half lower of your buying price and if I were you, I would have use a stop loss because I believe there are better trading opportunities out there. I know that for some, they would just hold but for me, I would just accept that I lose in that trade and move forward. Maybe you will be able to get back your losses if you just use a stop loss. You can still hold if you want to and believe that it will go up. I experience this before when I bought a coin when it was high and it gradually go down in value and I am still hoping that it will go up and I end up losing more than half the value of it. I regret that I did not use stop loss and it was a great lesson for me. In every trade, you will not always profit.

With the incoming bitcoin fork work weeks from now, many people now are putting back their funds back to bitcoin so that they can have a share of bitcoin gold too thus there is a decreasing price in bitcoin after it recovers from its downfall in the previous weeks. I hope that this news can bring positive impact to the bitcoin price but if not then it's all good because as what we see in the previous fork, price went down as well in July and reach again new all time high after the fork so maybe history will repeat itself after the fork this month. Though it may not affect the price that much but still it can help to increase the volume since many trader-investors trust Goldman Sachs I believe.

Somehow there is a part where we gamble in bitcoin because we are putting money into bitcoin and we don't know what the outcome or price will be in the future but then the difference of it in gambling is that you do not depend on luck alone to win. In bitcoin, we are investing into it because we have speculation that it will increase in value in the future because of the trend of previous price going up and because of the fundamentals as well wherein it has a strong support from its community and demand is getting stronger by the day so it has a higher possibility of getting higher in price compared to gambling wherein you just sometimes depend on luck alone and most of the time you will not be lucky because of house edge.

The time taken will not be a problem if you already have a balance of both currency in both exchanges. You need to take care of transfer when the trade is done in both exchanges. If you are doing arbitrage like buying from one exchange and then sell to another because you did not buy that coin in advance then there is a possibility that you will lose if price is already down when the coin is received in another exchange. The best way is to have equal balances in both exchanges and then buy and sell simultaneously. You should also take into account the fees involved in trading and transferring and you can also profit from arbitrage if you have a bigger capital because if you have the minimum amount then your profit would just be eaten up by fees.