That's what I would do too, I think it's a pretty awesome that you haabe a source of income without the worry of your bitcoin being spent for emergency and rest easy throughout the whole ride towards the bull run. Debts and loans are a haard stuff to deal with especially if you have a family to provide to, debt and loan is inevitable if you're salary isn't enough.

40% is a lot of money to invest in something that's volatile, you better keep that advice to your self because the amount that you are recommending isn't really a good percentage, I think the best course of action would probably be to make your friend aware of bitcoin, don't force them into getting in because when they're in and the prices starts plummeting and your friend will likely panic, you will be the first one to take the blame. Ease your friend into investing, give them other options because you sound like you want to control the choices of your friend.

Exactly, that's why it's important that we have to change the way we see things, instead of short-term goals, we should consider long-term unless there's something that's hindering you from going to that point then other things can be set aside. One advice that stuck with me is that for things to move in your life, you must first take the step and jump right in, not a profound advice but it's definitely a practical one.

More or less, it's indirect. When USD weakens, bitcoin becomes more valuable but when the opposite happens bitcoin is affected negatively, it is an influence but it's not a direct impact so the relationship of bitcoin and USD isn't something we shouldn't worry too much.

I think that it's a bad time to buy bitcoin if you are planning to spend all of your money in it and then hodling until the prices surge, I disagree that it's not a good time because I believe that you can easily buy your goal amount piece by piece. I think this is a high time to accumulate your bitcoin hoard because the halving is getting ever near and we all know what happens to the market during and after halving.

I thought I was late to something and haven't heard about the jump of the price of bitcoin which was 30k around 3PM EST, thought I missed out. To OP, I think you should check out the date of the article because it's misleading in a way. Good thing that I didn't know that Tesla hasn't been using bitcoin as payment for their products and services so in a way, I was still informed.

Pretty awesome quote, now I'm looking forward to reading that, been holding back on Don Quixote for a really long time, 'tis a sign I guess.

Do people really pay in Binance though? I'm curious because I see this all the time whenever I eat on my favorite and I don't see a lot of electronic transactions done through this so it got me thinking whether they are being used or not. Options are a good thing so I don't mind having that, maybe when I one, I might try paying that way.

I think DCA is much better to use especially in this period or if you were just new in the market. Besides the marketcap that bitcoin does have, it will certainly increase its value over time, so using DCA as your strategy is not a bad idea compared to relying on your gut which is kinda vague and has no certainty. To be honest, if I only knew that Bitcoin would have this much growth then I might not have spent some of my Bitcoins before.

well because bitcoin is a very unorthodox type of investment, and for the past few years the price of bitcoin has been slowly getting bigger and bigger, this alarms the economists because bitcoin does not depend on the stock market and it is intangible thus making it hard to believe that bitcoin will be a safe investment for the people.

well it is positive in the long term because china is one of the countries that holds huge amounts of bitcoin, and if they decide to ban on mining bitcoin then the supply will be distributed to other countries or people that wants to mine bitcoin and i think this is a positive way to promote bitcoin instead of having one country hoards the majority of it.

the value of bitcoin is solely defined by the demand on it by the people using it. it also has the same concept for fiat currency. if people don't want to use a certain fiat currency then its value will surely amount to nothing. this is the same as with bitcoin so if the people have no demands on it then the value of bitcoin will surely drop.

this is very happy to see, that bitcoins use  are slowly getting bigger and bigger and there are many uses for it now, maybe in the near future bitcoin will become more mainstream and its uses will become much more larger, offering more services and products that we can pay with it and also other uses in the economy of the world

actually these 2 things are not a problem for bitcoin and is fairly normal when it comes to crypto and even normal in the stock market, people can't help to speculate the price of bitcoin because through this speculation you can predict what the price of bitcoin will be, and volatility is a factor that will always be present in bitcoin because the price of bitcoin is dependent on the demand on it. so if the demand for bitcoin is lower than its supply then the price of bitcoin will also be lower and vice versa.

well there are some that approved of it in a way that they do not ban the use of bitcoin, this is because that bitcoin is a very prone to illegal uses and also it can greatly affect the economy of one country, criminals can use bitcoin to transact without them being traced so easily and also it can affect the economy in a way that people will only rely on bitcoin and can make their money drop in value.

bitcoin can surely be hacked, there are many vulnerabilities when it comes to cryptocurrency and bitcoin is not an exception to that, as long as you will not make a secure hiding place of your information when it comes to your wallet then surely you can be hacked and all your hard earned btc will be taken away from you, so to prevent this make sure that all your info are completely secure.

i think if you are new to bitcoin, the best way for you to learn is to do some research first before you engage into some transactions or any other services, because once you let go of your bitcoin you can never get it back and also newcomers are very prone to scammers. so equip yourself with the right knowledge first before delving any deeper

i think you should try this, because it can give your store a more diverse type of customers, because this will also be a type of advertisement for your store because more people will tend to buy at your store, especially the ones that have cryptocurrency on them. this will be a great addition to your store and will help you expand more.

i think the biggest threat to bitcoin right now is that, some countries in the world are banning bitcoin. this can result in the lessening in the demand for bitcoin. if the demand for bitcoin starts to lessen then also its price will lessen because there will not be enough supply that will circulate. thus making this the biggest threat for bitcoin so far.

the government doesn't really need to compete with bitcoin, they do this to have control over it, because if they do not control the price and the use of bitcoin then it could make the value of USD crash because instead of USD being the international currency, then bitcoin will take its place. this will mean the downfall of US economy and could destroy their country internally.