Surely all of us in here have experienced many ups and downs which includes failures through trials and success that brought us confidence to continue our trading journey. What is the unforgettable experience I have in trading is of course the part of learning process for I have been here for quite a long period of time and what I can say is that of course I have no other people to ask with when it comes to trading and have no friends to be with to get along with my journey at first so everything was a risky exploration and learning for me when I am first starting my trading journey. I have experience success and some failures in this field which I am continuously learning and applying all that I have experienced in the past so I can deal with any possible circumstances that trading can bring to me. For me the unforgettable moment is the beginning of my trading journey.

The idea of Bitcoin retirement plan is pretty good due to Bitcoin's rising value but, we cannot still deny the fact that it is still a volatile cryptocurrency which we literally doesn't know what could happen in the future if we will insist getting into a retirement plan that is Bitcoin based as of the moment. Maybe now we are seeing a massive growth and improvement but we really do not know if it is still the same thing right after a couple of years which could be the problem associated by this. Also even if retirement plan is working in many countries, still not all countries and companies are up into using and accepting Bitcoin so fiat will still be the currency to be used upon having s retirement plan.

Although it is possible to happen, still it is far beyond to perceive and state that more banks will become potential for closing and exchanges will become the new way of banking system because not all are still adaptable on coping up upon using crypto for there are still certain individuals who are still reliant on the current banking system and many are still choosing that way how it is done and does not perceive of getting into crypto until it becomes the only option available to make them forcefully adapt into the new system which is being tackled in here. Banks and exchanges can co-exist without letting the other side die just for a new system to become dominant and be widely use by people. All of us have different perception and stand that must be respected upon choosing the system we wanted to be with.

We are still not sure about what will literally happen on year 2021 so it is too early to state that the upcoming year is not looking good already at this phase. With regards to crypto, we might be expecting a greater response in terms of its growth for we are seeing a positive response on the price growth this past few weeks up until now hoping that will last for longer time not just by the end of this year. With regards to economical status because of the existing pandemic, we can expect that there will be some positivity to arise since the vaccine created by Pfizer is already stated to be 95% efficient against covid-19 which is a great deal to say because it means that the economies of different countries around the world can go into recovery phase already.

The pandemic have pushed people to shift from the traditional going to digital because of the existence of the covid-19 pandemic which is advisable that as much as possible to face to face and no physical contact must be done to avoid the further spread of the virus. Almost all thing like jobs and studies have been made online so that life still continues as per the pandemic is still existent on our community. With that, transactions made on fiat or physical manner have been made digitalized through online transaction like banking have been offered online and even transactions have been made digitalized to avoid physical contact. This makes a good call for the time of Bitcoin adaptation for people wants to do a safe and secure transaction due to health concern which we can say that pandemic have been good to Bitcoin because of the cashless transaction and seamless and fast transaction that can be done with Bitcoin.

It is a pretty improvement on the education system to include a course about Bitcoin into your program which is BSIT that is really a continuously improving program since it relies on the technology that is also continuously growing. It is a good news then for it is a big step towards better understanding and to acquire more knowledge about a specific topic which is Bitcoin. For sure the programs that will include Bitcoin into their courses would come into more numbers as time goes by for BSIT is not the only subject concerned on technology. Looking forward that even on lower levels of education system may adapt having a discussion about Bitcoin for it is the present and future that will enable people to understand and make use of it better and have a greater perception about it.

They are not totally scared on using Bitcoin. It is just that they are not aware on how they can be able to use Bitcoin upon doing their daily life transactions so they do not bother on learning it anymore when they can do it on fiat transaction. Also, there are still people who have been reliant on the traditional way of transacting money which makes it a point for them not to use Bitcoin. It is not about the fear of transacting with Bitcoin but they just do not have the interest on doing such added by the fact that maybe their country is still not open for having Bitcoin transactions offered that makes them stick into fiat transaction system. They have become more familiar to fiat than Bitcoin which also makes it a point for them to stick on that idealization.

1. Certainly the government of a specific country or any won't allow banks to get abolished for it have become already a part of the system built for many years and even Bitcoin is existent, there are still people who are reliant on banks so it won't be possible for the government to abolish the banks.

2. The government is always on track of people's wages and even on commodities purchases were VAT is included so there are so many ways that taxes can be collected whether you are aware of it or not. Government can only be accessible on collecting taxes with regards to crypto upon doing transaction on centralized exchanges that practically have their concern with.

3. If the government cannot keep on track with the people's legitimate money, there would be a higher chance of committing corruption for there are no certain regulation to take control of how money is being transacted or earned and because of that other related crimes may arise.

It is actually not a surprising scenario anymore for the fact that despite Bitcoin's outstanding popularity, still there are lots of people who do not certainly know or do not really have any idea to identify what Bitcoin really is. We cannot blame them though for there are many reasons why they do not know it. Maybe they are not up to date into the world news which you can encounter Bitcoin actually even at local news. There could also be a possibility that they do not have any close friends or relatives that know Bitcoin so they do not have any idea about it or they certainly do not care about it anymore. It is just fine though we cannot push them to identify Bitcoin because we do have our own reasons to get into or not. It is just up to the willingness and available resources for people to know and be able to make use of Bitcoin. Some or most are just not being able to have enough knowledge about it which makes them somewhat ignorant about Bitcoin's existence.

There is really a high probability that the situation will fall into that scenario of Bitcoin being regulated by the government of certain countries to allow its people upon using and transacting Bitcoin into the vicinity of their country's property. As long as the government see that people are more likely engaging into a new thing, they will surely and always be get in between and regulate everything for they are claiming that it is just for the sake and welfare of its people. Accept it or not, that would probably the upcoming phase where government wanted to put into their hand and control the usage of Bitcoin in their country which most likely other users are always considering if their country is allowing crypto usage to let them transact and be able to make use of it freely.

We have different stand or opinion with regards to mining and we surely do have our own accountable reasons why we do like it or not. Certainly there are people who would love to try doing mining while others will not. Honestly, this is something that must not just be applied with mining but also with other crypto related works such as trading and investment that if you do not certainly know or sure about something, do not bother to take into engagement for you are just risk taking everything that you have got. Better took ventures into something that you are completely familiar so that even if risk is there, you can still be able to manage such risk and make it into profitable one which is favorable into your part.

It is up to you if you will going to use trading bots and if you do really find it helpful on doing your trades. Honestly we do have different stands and perceptions upon using trading bots or just get into independent or traditional trading by just using your own skills and resources to do trading. There is nothing wrong on using trading bots as long as you find it beneficial and helpful into your own part. But for most people, many tend not to use trading bots for they trust their own skills and capability on handling their trades for at the same time you cannot entirely be dependent on using trading bots because they are just helping tools and not actually the ones who will do all the trades for you. You still do have to be knowledgeable and experienced on doing trades if you want to succeed in this industry of trading.

The higher or increasing fees upon doing transactions have become a normal part of getting into Bitcoin and that is not already pretty new for many of us in here. But that reasoning will not certainly cause for the Bitcoin to die just because of higher fees intended to do the transaction. Way back then, the price or amount of fee per transaction is certainly cheap and the processing is seamlessly fast to be approved but as time goes by as many people are doing transactions with Bitcoin, the system gets congested and the fees gets higher that certainly have started years ago.


Indeed. The issue is not just certain and specific for Bitcoin alone because other cryptocurrency are also having the same thing. It is just that transacting with Bitcoin becomes more expensive and slow due to numerous transactions being held and process making the transaction fee higher and slow because of congestion. But on the other aspects, Bitcoin is still good obviously because a lot of people are still getting into it specially at this time.

Bitcoin is growing not just because of institutions but as well as the cumulative effort of all the people investing and making use of Bitcoin. All together those efforts have brought Bitcoin into where it is right now. Although institutional investors have a big impact on the growth of Bitcoin, still that is just a part of the overall process and success of Bitcoin because there are still lots of independent investors that are taking a big part on this growth all along. As Bitcoin grows in time, people and big institutions are showing big interests on investing into it that is why this year 2020 we have seen another massive growth that is happening with Bitcoin. If you will sum it up, we are all grear contributors with the growth of Bitcoin ever since no matter how big or small as long as there is usage, investment and adaptation, Bitcoin will continue to grow with the help of all.

There are really lots of difference that can be catered from years 2017 and 2020 bullrun. Both have been triggered by different contributing factors that lead into the Bitcoin bullrun. If we will get back to year 2017, all people and investors are into the hype for the fact that after couple of years, the price of Bitcoin have been boosted to reach a new peak of price compared to the past years of its existence which brings hype and excitement to all. Now in year 2020, people are becoming more educated on the crypto world and have already learned from past experience added by the fact that many institutional investors have get engaged into Bitcoin. We can see the improvement, growth and maturity of the people and the market after plenty of corrections that lead us all into the current situation that we are all currently into.

As time goes by, the real purpose of the creation of Bitcoin to create peer to peer transaction without the need to third party and to serve as payment transaction is being achieved in the real world and it is still being existent that transaction through Bitcoin becomes seamlessly fast that it can get through any part of the world. As many people get into Bitcoin, the real purpose of it have been added by other purposes for people have perceived it not just as a currency but an investment asset as well making new comers to think that it is a key or a fast way to get rich. Actually the purpose of Bitcoin nowadays are now being dependent on the user if he will be using it as a currency or an asset of investment or both which shows how flexible Bitcoin is when it comes to usage. As time goes by, the massive adaptation and usage of Bitcoin gives way for another purposes to arise upon using Bitcoin which is good that from its original real purpose, lots of purposes can still be filtered out to maximize the usage of it for the benefit of all.

It is real hard to assess cashing out or taking profits either from Bitcoin or from USDT because those are two different currencies on which are two different when it comes to stability of the price. Actually both are profitable in nature but it depends upon you if you want to hold for a while then choose to get into Bitcoin due to its volatility than can enable you to gain more. But if you wanted to already have it on hand or save it from bear market, then you can get into USDT. Well actually it is really a tough choice so if you are still confuse on which is better, better make use of partitions of putting each half on both and do comparison on which you think to be suitable on your preference because honestly both have risk no matter which you choose from. It is a matter of decision making that relies on you.

That happening of Ripple (XRP) price increase is not literally a miracle to be stated for many have also waited for too long until it breaks out from its box for having low price for a long time around and the increase being experienced by XRP is all due because of the tagging along hyped with the price increase that Bitcoin is having as of the moment. Well, the price increase of XRP can be coined as miracle for the XRP holders upon continuously holding and believing into the capacity and capability of XRP to grow its price despite of many here says that it will just remain on its low price for too long. We have already seen some sort of pump that happened to XRP about a couple of months ago and this will be the biggest pump as of the moment that have happened to it which is good. Let us just all see if it will continue to be like that or it will again turn the other way around.

People have their own reasons why they choose to hold their Altcoins at the last bull run that have happened way back year 2017 when the Bitcoin have first reached its ATH that also boosted up many Altcoins. It was all of an excitement that many people think that it will just keep going and when the bear market enters have their full hope that they can still be able to recover what they have loss by keep on holding. It is not greed or ignorance on that part because it was just the first time that it have happened and many people are still adjustimg on that time. It is just so happen that we must learn from that phase and once it have happened again we must do know when to exit and get profit while we still can. Also, be picky on the coins you hold for not all are worth for holding for too long.

It is pretty amazing how we have seen Bitcoins rises up its price from the bottom going to the top from the price base it have when it was just starting and have been created way back the year 2009. It is pretty awesome that after more than 10 years that Bitcoin existed, it have brought up a lot of change not just on its price but as well as for the life if the Bitcoin users that have been into it despite of its ups and downs. Now, with regards to the expectation that Bitcoin's price will be able to reach $50,000 by the end of this year, we are still having about 5 weeks before this year ends and there are still lots of things that could happen with that span of time so basically it could be possible or not. Just do not expect too much to avoid getting disappointed of the outcome. Let us just wait and see if it can push through or not. Anyway, there are still lots of time for Bitcoin to keep growing. Just do not over push and over expect.