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If I had a time machine, I would destroy it so that it does not fall into the hands of bad people who would destroy the world for it. You can, of course, chat about temporary paradoxes, but I will only say that I would also buy bitcoin for a penny, and now I would be sitting on the seashore near my luxurious mansion.

I strongly believe in the future of cryptocurrencies and try to invest more than half of my available funds in them. Now I also started investing in ordinary stocks and bonds, let's see what happens. But I will still invest more in crypto.

The cyptocurrency definitely has a very promising future. Every day more and more people are beginning to trust blockchain technologies and more and more companies are beginning to accept cryptocurrency as a means of payment. It remains only to get approval from the most developed economically countries and then everything will be even better.

Of course, in this case, the sensations are not the most pleasant. But this is absolutely normal, as in case of profit, the feeling is great. So you don't have to worry about this, we are not robots to react coldly to this.

This is usually what people say with outdated thinking. If on TV dont say that cryptocurrency is an excellent instrument of financial freedom, then they won't believe it, no matter what they are told.

I think Bitcoin will be worth around $ 13,000 by the end of the year. Unfortunately, the pandemic has greatly affected the capitalization of all cryptocurrencies and bitcoin is no exception. But now it has grown well and recovered from the crisis. I think this has strengthened people's confidence in Bitcoin. Therefore, growth is guaranteed.

Because the legal turnover of money brings profit to the state treasury. If everyone starts using Bitcoin or other cryptocurrencies in all their daily spending, then no one will pay taxes on the sale of goods or services. Also, governments of countries cannot print bitcoin as they print currency.

Technologies are developing every year. Nothing lasts forever and bitcoin is no exception. Therefore, with a 100% probability, someday there will be a better analogue of bitcoin, and despite all the community's love for this coin, bitcoin won't be top-1. Ps: it's just my opinion.

Of course, bitcoin can become a physical coin. As far as I know, there are already companies that make plastic cards to which a bitcoin account is physically attached. This is an interesting prospect, but it requires support and approval from government financial systems.

I use the yobit exchange, as there are a large number of unique projects on which you can earn money. Now, for example, I have invested in virtual mining. I also use the binance exchange. They have less commission for trading.

I registered on this exchange at the beginning of 2018. During this time, I have repeatedly withdrawn both cryptocurrency and fiat. I would even recommend others to use this exchange.

Totally agree with you. The exchange is growing a lot, every time it creates more and more cool projects. It is very interesting what projects will be implemented in the future. Only I think that it needs a new modern design to delight users.

I understand you and your concerns. But didn't you think that exchanges are more profitable for people to trade and trust the exchange? After all, then the exchange will earn much more money at a distance. All serious crypto projects strive for trust.

I think that in the world of cryptocurrencies it is difficult to monopolize something. In the case of the binance a competent strategy for the development of the project probably just worked. Most likely, if binance captures some part of the market, it will be justified by the quality of the services they provide.

It is interesting to read about the bitcoin price of $ 8,000 when the price is now almost 11,000. And if we talk about the future bitcoin price, then I think that by the end of the year it will still grow. Every day more and more people are interested in crypto projects, invest their money and time in it. Bitcoin weathered the financial crisis well and recovered. If the situation with the global economy repeats itself, then I think that bitcoin will sink less than in the case of 2020.

As mentioned above, exchanges differ in the documents required to use the services of the exchange. But on the yobit exchange there are projects that are not on the bittrex. For example, this is virtual mining. Those who bought miners at the very beginning have already earned more than they invested.

I believe that in theory anything is possible. The yobit exchange can reduce transaction fees, update designs, overhaul security systems, and more. But here the question is: what is the best exchange? The most popular? With the lowest deposit and withdrawal fees? This is different for everyone. And the yobit exchange is very good, it has proven itself for several yeats, I advise to use this exhange everyone.

I think it will be more than 10%. The crisis, of course, strongly influenced the capitalization of all coins. But now everything has almost recovered. I don't think it is appropriate to say that after 2020 some coins will not survive. Projects are developing in any case, so even after such a difficult year, many companies will be fine.

For the current day, I would recommend the following coins to you: 1. Bitcoin is the most stable and confident coin. Will be a good asset in any weather. 2. MINEX - with the current growth of the popular virtual mining, the rate of this coin is growing very much 3. Monero is a great promising coin for the future Make all investments taking into mind your earnings and capital.

1. It is important that the platform is very safe and stable. 2. You should enjoy using it, as trading can take many hours and the platform should not bother you 3. Commission and limits should suit you 4. It is also desirable that the platform be legal so that you do not have any problems in the future.

I think that bitcoin will never die, since for this it is necessary that everyone in the system simultaneously disconnects from the network, even in the event of a nuclear war, computers with the Internet will remain. But, in the distant future, I think that there will be more technological and convenient analogues of bitcoin. Then its rate can greatly decrease. But bitcoin will always be respected and remembered.

I think that good bots can be very profitable. The only thing is that most likely there are no such bots on the open market, since the creators of such bots will be more profitable to use them themselves. Inexpensive bots on the open market are created more likely to make money on the sale of these bots, and not to generate a stable profit.

For many, investing in cryptocurrencies is not just a hobby, it is a way to make money, and for some it is a profession. Professional investors and traders never invest all their capital in one company or coin. For such people, big losses are very rare, so there is nothing wrong with investing only in crypto.

I do not think that if trading is a hobby, then you need to look for an alternative to it. Many people have a hobby - to play in casinos, slots. Trading, on the other hand, is much more rewarding and has the potential to bring much more in the long run. After all, we all know that only casino owners make money in casino.

I believe that the most important thing is the security and reliability of the platform, because it is a guarantee that your funds will not be stolen or lost. Then, it is important that you enjoy using the platform, this will motivate you to trade more successfully and you will not be bored with it. And, of course, you need to take into account the trading commission and limits, but this is more individual.