In my opinion the current price of bitcoin is not exactly down, because the price of bitcoin in May 2019 at $ 4000 is still more lower than
current prices. The current price of bitcoin is still fairly stable, if it drops slightly from the price of $ 9,000 I think still fairly reasonable.
And if because of bitcoin is now down a resulting in many people bankrupt means these people do not follow the rules in investing. One
of them is investing money that we can afford to lose, if you follow that rules I think that investor is not likely to go bankrupt. Regarding
the problem if the price of bitcoin goes down there is no rich person who appears, in my opinion it has a point. But the price of bitcoin prices
go down won't last long, so from it is not necessary for us to worry. Sooner or later the price of bitcoin will rise again and there will be more
new rich people again. So what we need to do when bitcoin prices go down is just be patient and always believe that bitcoin will go towards
prices peak again.

It depends on the market condition, if we have seen that the market behavior at the moment is uncertain, unpredictable, it is unlikely to do day trading, so the best thing to do is to calm at the moment and just convert fund to stable coin first, but if we are holding for long term, still for me it is good way to convert our fund first, so it won't hurt that much, it is better than panicking seeing the price is declining.

Reading this source, I understand that prices are likely to go below 8k. Do you agree with those analysis?


 https://www.coindesk.com/bear-revival-bitcoin-risks-fall-below-8k-after-3-5-week-low/amp/

Part of our economic development is the use of technology. The use of internet, gadgets and appliances are part of our daily lives. We are all part of technological advancement and many of us benefits well by the technology. Technology plays a vital role in our society and economy. Being part of the society, people needs to adapt! People needs to cope up with such advancement! We continuously using of cellphones as our communication and games, collecting various information in the internet and performing daily task and job the help of technology. We are capable to work easily because of technology. We are using it but I know that many of us don't know the people behind our future.

I gather some information based on the people behind our technology and I wanted them to acknowledge because there discoveries and inventions lead to the welfare of our society. Without their sacrifices, we are still ignorant as of now. I want to give a gratitude for:

Vinton Gray Cerf - Father of Internet
Cerf is an American internet pioneer, who is recognized as one of the fathers of internet, sharing this title with TCP/IP co-inventor Bob Kahn. His contributions have been acknowledged and lauded, repeatedly, with honorary degrees and awards that include the National Medal of Technology, the Turing Award, the Presidential Medal of Freedom, the Marconi Prize and membership in the National Academy of Engineering.
Timothy John Berners-Lee - Father of World Wide Web
also known as TimBL, is an English engineer and computer scientist, best known as the inventor of the World Wide Web. He is currently a Professor of Computer Science at the University of Oxford.
Marty Cooper - Father of the mobile phone
Cooper filed a patent for the 'radio telephone system' in 1973, while working at Motorola, and was the first person to make a call on a portable cell phone.
Tony Fadell - Father of iPod
Fadell had an idea, pitched it around, was hired by Apple and the rest is history. He started as an outside consultant, became the first member of Apple's iPod hardware engineering team in 2001, and is now senior vice president of the iPod Division.
John Backus - Father of FORTRAN
The former IBM computer scientist developed FORTRAN (Formula Translator) in the 50s. FORTRAN is considered the world's first widely used computer programming language.
Vic Hayes - Father of Wi-Fi
Hayes is a Dutch-born electrical engineer who worked at NCR Corp. and later Agere. He's known less for technological wizardry than for his diplomatic skills. As chairman of the IEEE 802.11 working group for wireless LANs, he was instrumental in developing the standards that led to the success of 802.11 wireless LANs. Today, he is Senior Research Fellow at Delft University of Technology, the Netherlands.
John Cioffi - Father of DSL
Is a Stanford professor who was intent on coming up with a way to deploy broadband over copper wires and developed asymmetrical digital subscriber line (DSL) technology. He left Stanford in 1991 to found Amati Communications Inc.
James Gosling - Father of Java
Canada-born Gosling was born to code. While working on a Ph.D. in Computer Science from Carnegie-Mellon, he wrote a multiprocessor version of Unix. At Sun, he is credited with inventing the Java programming language in 1991.

Thank you for making our life more easily, we owe a great debt to you. You are the foundations of the development of our economy.

https://www.google.com.ph/amp/s/www.networkworld.com/article/2870481/lan-wan/10-unsung-fathers-of-technology.amp.html

In my own opinion, I do believe that we can determined it by the ability of the a person. Many people were became rich just because of their abilities. Yes I do believe in chance, Of  course if you have a chance you should grab it. Some people also used their intelligence to become rich.

Can you buy a house with BTC? Yes! All you need is a buyer with coins and a seller that will accept them. The value of the transaction is as of the date of the contract, when the coins change hands.

So many people lose because investing bitcoin for the short term, then invest bitcoin better for long term

Currenctly I’m at minimizing, although I have experienced some consequences on your list but I feel like that one fits me more. Not really into gambling that much but I’m mostly just betting when I get a time to gamble, because I don’t want to be hooked up and regret myself afterwards.