You should know that it is really volatile. So you should invest in the long term and not get stressed if you see yourself losing money.

All the cryptocurrencies are going down so trading won't make me more bitcoin so I think the only solution is to buy more just this.

If the price of USD goes up or down that won't affetct bitcoin. but if USD falls either the currency is changing just like when france went to using euro instead of the franc and in this case that won't affect the cryptocurrency or the economy is falling and in that case I think everything will be affected.

It is never too late to buy bitcoin. I think it is a good time to buy some because the price now is very low and you would be making money if you bought now and waited till it goes up again.

I think the wisest tthing to do with your savings is to invest them in order not to lose them due to inflation. And I think the best investement is cryptocurrency speciallt bitcoin because it is relatively stable and it is going up.

Yes they are. Bitcoin is going high so quick and it is getting more stable so goverments will be accepting it finally as a currency that is why those who sold bitcoin are in for a massive loss.

Frankly speaking I don't really see how the price of bitcoin can be directly affected with the price of oil.

Im not sure about how true these news are but if this is right it will make bitcoin's price go up and will be definitely a plus and a very big improvement in bitcoin's life.

I am sure that the price will go up. because eventhough it is random it is becoming a habbit that bitcoin tends to increase in value every end of the year. So I would say the price will hit 20K USD again.

on one hand holding bitcoin can increase it's value as the offer decreases but the demand stays the same or increases on the other hand circulating it males it gain value too.So a combination of the two would be perfect.

I think the answer to that is pretty simple you can only transfer(either selling or buying) bitcoin through blockchain and since blockchain is so secure and imune to hacking you would be safe if you use it.

I don't think that is possible because if the price fropos that means the number of transactions is droping meaning with the same hardware you will be able to make more amounts of bitcoins.

Which one is the most risky? Bitcoin or banking investment ?

First let's Answer Why are we keeping all our money in the bank? The most obvious one is that our money is safe, we have insurance and it's always better than putting our money under the mattress.
Let me tell you If you thonk that the bank is safe it is because you have never have never known how a bank opertates. qnd frqnkly speaking actually no ones really knows banks do some investements with the money we deposit but we don't really know for sure what are these investements and if they are safe or not so we really risk what we own and our life savings by putting all your money in the bank that is like the most vicious and dangerous system: the fractional reserve system. but Im telling you this by keeping all your money in the bankI am sure that by the end of the year, you will be poorer.

Will banks really cover the inflation rates ?
NO, and the problem doesn't just lies with just the high inflation rates but the problem is more serious than that: Banks are covering the real numbers    Please note that while I write these lines, the Paris transport subscription has increased by 4% in 1 year. The inflation mentioned by INSEE is however 0.5% (in average ). and that shows how the official numbers are really really softened.

And they don't stop at that. The biggest danger is that the bank does not have the money it is given. Indeed, it lends money that it does not have by simple by printing more and that work thanks to one thing: we never withdraw our money at the same time and some people don't even spend all their money. banks take risky investements to make more money they lend more and more money to more people with really high interests that keep rising.
just to get richer and believe me if someone wins other will lose.  

How long can this system work?

believe me the 2008 crisis was made by bankers  , many people lost their money and couldn't withdraw their savings and more to come. So next time you put your money in banks know that there is a chance you are not getting it back.
 
However
If you buy bitcoins, you are sure of one thing: bitcoin is a store of value that will protect your purchasing power over time.
Indeed, as I have said many times, bitcoin is a finite currency. Therefore, its value must be appreciated in time because there will be less and less ..
This is simply because no one can print more this currency is decentalized no one will control no one will use it to make people lose money it is reqlly the kind of system that preserves the rights of people.

When we say bitcoin is the number one currency it is based on it's reputation , and it's market size wich is estimated at 150,000,000,000 USD plus it has the fastest transfer speed. and it is the most stable one among all cryptocurrencies.

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The future of bitcoin or cryptocurrency in general depends on 2 main causes. One is political and the second one is technical :

- First the algorithm must be able to soustain the increasing number of users and the tremendous number of transactions and the system must not fail at any point because if it does that means disaster.
- And there must be a strong political will to make crypto succed because it will make banks unuseful and thus bankers will fight it and try hard so it fails.

I would say why not ? first of all the price of bitcoin is at it's lowest. So if you buy now and wait enough the price will rise and you will end up with a pretty good investement. and second the more people buy right now the more the demand on bitcoin goes up and thus the more value it gets so by buying more you are increasing your profit margin. bitcoin is a very good investement and a very advanced technology that we should invest in in order to change the world's monetary system.

A HS senior should ask this question to himself , either you would like to learn more or you think you college is not that important to you , either way making a lot of money and being a millionaire is not actually related on going to college or not , but If you made all the way through highschool I think  yousould try your luck in University

Well basically both are the same thing . though the bitcoin transaction is a lot easier , so maybe the bitcoin is gonna be the new currency . and its value finally maybe related to the earth's resources so its price probably going to increase a lot . some say it is estimated to hit 100K USD in 5 years
to conlude going bit coin is a risk that we must take so I'd say . 80% BTC and 20% in gold for safety

Well the bitcoin is not a centralized currency which make it almost impossible to control , that way this currency is immune to inflation .So you can convert your money to bitcoins and never fear that it's value will degrade , but the problem is with using it everyday and being commited to certain payments for businessmen , as its value fluctuates a lot so if you convert 10000 dollars in BTC and you need to pay a shipment in a week the value of your money may decrease to 7000 USD , and you wont be able to pay it .