This have been a long talk since then always having comparison between crypto and fiat, and Bitcoin becoming a replacement for banks. It is just like what we are keep on comparing two different existing things wherein there is no point for arguing into such because both exist on their own unique purpose. Maybe the other thing might be better than the former one but that is exactly the point why we have improvement in nature so that we won't just stick into the usual and to attain greater improvement. Bitcoin cannot certainly replace banks for they differ on existence and do not expect that because of Bitcoin popularity is that it will take over the position of banks.

Not all things will remain on their original position to last forever. Everything that we see right now are just temporary. Maybe those can make it in on a very long run but still certain limitations or ending will comes for everything changes through time. Now with Dollar, we cannot say that its reign will end because of Bitcoin's existence for crypto and fiat are two different types of currencies. Dollar will come to its end no matter what happen for it have already lasted for too long. It might get into extension and we cannot say whether it will sooner or later. Same concept applies with cryptocurrencies. Not all can be permanent but sure many things will just be temporary so better make good use and seize the moment.

With the value that Bitcoin have that still improves through time, can you even imagine the possibilities dealing on transaction with a high rising coin that means high transaction will also make happen. Just look on what happened to Ethereum wherein as the price rises, the transaction fees in terms of gas to complete the process have been expensive along with the rise of the value. The same concept is being applied if you will think of it Bitcoin to be used in transaction methods. Other existing cryptocurrencies are much better options when it comes to practicality since compared to Bitcoin they possess smaller value that can be affordable for people.

On the current trend, the most popular to many investors lies primarily on popular coins that includes ETH, XRP and other sorts of altcoins out there which you can decide depending on your choice of altcoin based on your preference. Actually choosing altcoins will be good upon doing it by yourself because you were the ones who will make a good deal with those. There are lots of promising altcoins this year that have pumped up their prices ever since the bull run or the hype in the market have started early this year. It is just up to you to seek for those on your own.

It will be a smart move towards Bitcoin adoption and usage but still employers must consider the choice of its employees to freely choose for their own if they wanted Bitcoin or still remain into fiat upon receiving their salaries for the reason that despite Bitcoin's popularity, there are still people who do prefer fiat instead of Bitcoin for their own personal reasons and for the fact that Bitcoin value is really that volatile and not that always into the trend of rising because it have ups and downs, it will still be best if they would let them choose on what type of currency they wanted their salaries to be.

If you were just new in this market, certainly sudden down on the prices of cryptocurrency specially with Bitcoin will cause you to get easily into panic but if you have stayed right here for quite already sometime, surely you will just state it is just normal for the fact that ever since its existence, it is expected that upon having a bull run, there would really time to come that the market will experience sudden dip but it doesn't certainly mean to be that bad for it is just a natural occuring scenario in this industry for quite sometime so you do not have to worry anything about. Just better grab the opportunity of buying while it is somehow cheaper and wait until it pumps up once again. But better see to observe the market movement well so you have better options on when to buy so that when pump comes, you can have a better gain too.

Being in a hurry is sometimes good but most of the time is bad. Being in a hurry can sometimes be good in a sense that you are following the hype and the flow of the events in the market enabling you to get along on the market movement. Being in a hurry is mostly bad for you are being driven by emotions and you are still not yet composed of how can you possibly deal if sudden unexpected happen and since you have just get into a hurry buying and selling your coins, you will be regretful and frustrations will come along with you. Better be careful and wise on engaging with the market for it is not a race and you must strategize first so that you will not be in a panic situation because you know what you are doing.

We certainly do not exactly know for minds of people do change over time. But we do certainly hope that he will because as we can see on his recent interaction of buying Bitcoin through Tesla, there is really a big movement that have happened in the market wherein because of gradual influence that he have as an individual, many people have been into the market to support and engage into getting with Bitcoin and maybe into other existing cryptocurrencies in the market as well. We will just have to wait and see if he will or he will not engage into buying more Bitcoin but for sure people are expecting that he will.

It is just fine to sell if you do see that you cannot take the effect of the dump and cannot certainly endure the loss you are having as of the moment. Just take time to compose yourself for awhile and if you are already prepared once again, then get back into trading and try for another time. You do not to push yourself into limitations because better to cut your loss in as early as possible if you are seeing no potential gain and you are just continuously on a losing streak. That is why before engaging into trading you must know your coin well so that you will know its potential to not make you panic once you experience sudden changes in the price because you know that no matter what happen, you will just need to trust the process.

As for now, the latest price that Bitcoin have achieved is more than $50,000 and near $60,000 price mark but since the market seems to get into dip, the price lower down to less than $50,000 at the last time that I have checked upon it. Actually the future of Bitcoin with regards to the possibility of what ATH can it reach this year 2021 is not yet assured and no one can exactly know on what price extent can Bitcoin go. We just have to wait and see what can possible to make happen on the upcoming days, weeks, or even months to see if Bitcoin will continue to progress on its price whether fast or slow.

Many people do follow Elon Musk practically because of his influence when it comes to business world and of course to the field of engineering as well. Knowing his company Tesla that have bought a huge amount of Bitcoin recently creates a big news that fastly spread out to the notice of many people and since many do know his success in business, they think of following his path they thought to be the road also to success for it is an initiative of people to follow those who they think that is their key on becoming successful like what he achieve in his life.

I think so far the worst loss experience that I have now at 2021 is having a wrong entry and exit points for I haven't done a good decision making upon entering and exiting on trading my coins but so far I am doing good already for I have composed myself on observing the market for awhile enabling me to have a better picture on deciding when to enter and have good exit to obtain profit. So far, everything is doing fine and I am pretty much enjoying what I am doing right now because my loss have already been recovered and I am already familiar somehow in the market which makes me not to panic everytime things are not getting along according to my plan.

Most of the time patience is really the key if you certainly know the potential of the coin you are holding with. But there are also times that patience is not being worth it for there are sorts of coins that are worthy to be sold earlier before they loose their value for they have not future worth and the factor affecting it is the project on which it came from. So you still better be picky on the coins you are holding with and the long wait and lots of patience will be worth it once you have attained your goal and the time you have waited have been paid off with the outcome you are wanting have been made to reality.

It seems like your friend's situation is a hopeless one for the transaction became successful without him knowing for the hacker have outsmarted your friend when it comes to his account. This must serve as a lesson then to your friend to be careful when doing important transactions online and be aware and secure that the site you've been logging in is safe as well as the device and beware of clicking strange pop ups, links, emails from unknown resources for it might contribute to the loss of your funds because most hackers are genuinely wise upon doing their tasks. So bad that your friend got victimized by those kind of individuals.

High fees nowadays are really big damage dealer most specially for the part of normal small income earners because with the high fees that is needed to be paid off to make the transaction successful, a big part of the total profit is being spent more likely just to be able to withdraw the amount you needed. It is an awful situation for the most of crypto users nowadays and many are having a hard time dealing with it because instead of big possible profit, a big amount will be needed to be allotted for the sake of those fees. You can hold it up for a while if it is not badly needed for it is better to wait until the fees get a little bit cheaper or you just make a full blown transaction so that you will be just having to pay for one decent gas fee for transaction confirmation processing.

The amount of gas fees we currently have is really incredibly insane that you seems to be cutting of your potential profit for the sake of paying the needed fees for the transaction to make success. It is really awful at times like this that you cannot handle little amount of transaction for you will needed to take care of the gas fees that it will make you wait for a little longer if you do not have enough budget to sustain or fund the gas fee. Holding for a while is the best option we can all do if such transaction we are planning is not really that urgent specially if it just for personal use. But if it would be that important, prepare to at least spend because currently it is the reality we have.

As for now I am confidently enjoying what we are currently having right now in the crypto market. I am still not thinking of the possibility of the crash or sudden dump although I am already aware that will happen in no time. As of the moment, I am still on what I am currently doing considering I am getting myself ready for what can happen in the near future. I am just constantly gaining profit which is somehow enough for me not to panic and if ever unexpected changes would happen that is not exactly based on my plans, I would barely accept the fact of being still on holding for it will not be my first time anymore experiencing such thing and I believe on what Bitcoin can do so exit strategy won't be an option for I can endure such.

Considering that what if a teenager have bought Bitcoin at a price worth $100 each and acquired 10Bitcoin having a total expense of $1000 and to think that such price of Bitcoin have existed years ago maybe 2-3 years before 2017, surely as a teenager by that time that Bitcoin is not that popular and for me as a teenager considering that I barely do not exactly know what the future lies on Bitcoin if it will be reaching that far of what we have right now could sell my Bitcoin in any time before this time right now because I do not have any idea that what I have both for $100 each can grow into more than $50,000 as of the moment.

We stand into different perceptions and opinions regarding the said matter so certainly no one can literally be exactly to be right or wrong since we are not on the same foot experiencing different sort of things when it comes to cryptocurrency most specially on the strategies we apply for our own good sake. Other people might say it becoming weak hands upon doing selling once Bitcoin reach $100,000 but for those being stated, they were just being wise and assuring they aren't missing the opportunity of grabbing the chance to gain profit. They have set their limitations into realistic ones although they can still go on. It is their own decision and judgment on the situation so they cannot be stated as merely weak hands. They were just securing of what they think is enough to be realistic for their part.

There are lots of people for sure that have got into the same situation after gaining their first profit through trading is that they are putting extra into their first capital into the thinking that double the capital will gain double the rewards. It must just come into the wrong move that people will be making is to think it will apply all at the consecutive time having no precautions and putting all your capital all at the same point wanting for that double reward and gain can really lead to loss and that is very awful for many have underestimated on how market changes having them losses rather than gains. Always remember not to put all your capital in one blow just because you have attained good results at first trial. Better to think first of managing what you input so that potential loss will not slap you real hard.