It will take a lot of time for crypto to replace fiat money in daily life transactions. Cryptocurrency payments are currently facing a lot of difficulties because of the following reasons: prices change every second, are not fixed, transaction processing speed (transfer / receipt) is still slow, exchange rates are difficult ... This makes paying with crypto not easy and fast with fiat money, so I think it will take a long time for crypto to replace fiat money.

This often happens when the fact that the price pump is an agreement between the project, the whale and the exchange. To push the price of a crypto will involve a lot of steps and delays, network congestion, wallet maintenance or even self-control the price to stoploss scanning is what exchanges do often. Therefore, you must pay attention to all your investment actions and always monitor to be able to adjust accordingly

Investment is always a risky job, especially when you invest in the crypto market, you can lose all the assets you have if you do not understand them carefully. Therefore, you must learn about this market carefully before starting to invest. Currently, investing in BTC is quite risky, so if I were you, I would only invest up to 50% of the assets I have and will stop losing when the price drops more than 10%.

The bear / bull trading pair is essentially a fraudulent trading pair, making you energetic and will lose up to 90% of assets like the bull trading pair on Binance. Due to this imbalance, many users complained and Binance had to cancel this pair on their exchange. This will be a great lesson for you in the following investments: be sure to understand carefully what you plan to invest and remember to always put stoploss for your investment decisions. If you lose 10% of your assets after an investment, you can still make a profit. If you lose 40-80% of your assets by not putting a stoploss, it's very difficult for you to regain your original capital.

I think this is a trick to get attention. Because in order to have such a huge fortune (over $ 2 million), every transaction needs to be very careful and carefully checked, so that confusion is not possible. Therefore, I still think this is just a way to draw attention to crypto

I believe in ETH because it has a long history as well as technology developed under the Blockchain's development line as well as the crypto curencies market. Moreover, ETH is also the technology that other currencies have developed, providing many solutions for cryptocurrencies. BNB is just a floor coin, of Binance and it can be controlled by Binace itself. This goes against the ideals of Blockchain: decentralization, transparency.

You are having an imposing thought on others. Why do you know BTC and why do you buy BTC? I think we know BTC because we want to make a profit. Therefore, I buy low prices and sell them at high prices. If we had blind faith in it, we would have lost nearly 50% of our assets after 2 years (early 2018 BTC cost $ 19600 / BTC and now only ~ 9600 $ / BTC).

Your thoughts are quite good and profitable. I will do the same now and in the future. We must continually invest to increase our wealth. However, this also has a lot of risks, but more risk, more profit and I accept that. I personally think that there will be a lot of time for crypto to replace fiat in our lives.

In order for bitcoin or cryptocurrencies to be able to replace currencies, used in transactions in life will probably take more time. Because the price of Bitcoin is currently unstable, constantly changing, minute by minute. This makes payment difficult because prices are not stable. Second, the smallest unit of Bitcoin is the satoshi, which is 10 ^ -9. Later, when the price of Bitcoin increases, it is possible that the smallest unit of Bitcoin is still greater than the amount to be paid, so how will they handle it? Moreover, the transaction confirmation will take time and not immediately, on average, it will take 10 minutes for a new transaction to be confirmed. So, for every transaction we make, do we have to wait 10 minutes to confirm the transaction before we can get the goods?

These are a few inadequacies when paying with Bitcoin and that is one of the reasons it is difficult to replace fiat money at the moment!

All of these is predict, please do not fomo the people. Do you remember the time when bitcoin went down when it was at $ 6,000 - almost the same as its mining price and after a little time, it fell to just over $ 3,000 in 2019? All indicators are predictive and uncertain. Prices are decided by the market, so you can lose money if you invest in this market without having experience about it.

Do you know Huobi Exchange? I trade on Huobi for 2 years and I think this is a good platform. Huobi have many pair that you can trade. Huobi also secure because until now, Huobi never hacked or bug by hacker. The volume and liquility in Huobi is great too.

I think cryptocurrencies are hard to replace fiat money or it will take a lot of time. Because cryptocurrencies are decentralized, decentralized, unchecked - something governments don't like. Money is the power and power of each nation. Therefore, cryptocurrencies are always constrained and banned in many countries

I think that in order to combat the Corona disease early, we need to follow state regulations: restricting movement to epidemic areas, wearing masks when traveling outside, washing our hands with soap regularly. ... And strictly implement the regulations of the host country during the quarantine

Airdrops and bounty are still the best ways we can own free cryptocurrencies. In the past, there were a lot of very good airdrop projects for users, the application like the Hydro project in the past has airdrop for users of the amount of hydrogen that at one time it cost more than $ 4,000 - which is crazy. Is that right? However, there are also many airdrop projects that are scams and we don't get any reward. But, in general, airdrop projects are still worth doing, aren't you?

The total cap of BTC is 21,000,000 BTC, many BTC in it never transfer or deposit in any exchange because lost. I think this adds to the value of bitcoin rather than impacting Bitcoin's blockchain system because Bitcoin's Blockchain Network works thanks to the computer system that validates transactions.

My lesson is to learn before you do anything. Crypto is a trap market where you can lose everything you have with just one wrong decision when investing in a cryptocurrency with no liquidity or scam ... Learn If you want to find a suitable model to follow and be aware, only use the amount of money you can lose to invest, never invest 100% of the money you have.

Margin is a very popular service of most exchanges today because of the profit rate it brings. You can margin on Bitmex, Binance, Huobi, OKex, Kucoin ... I personally use binance because of its liquidity. Binance is also a reputable platform, high volume and full of tools for me to use such as trading view, stoploss, take profit

I think you're wrong because you think Bitcoin is good for the environment. This is completely wrong because Bitcoin's mechanism is POW - which uses the computing power of a computer to confirm a transaction. But a computer needs power - an energy loss. The energy consumed will turn into heat - causing the Earth to heat up - which has a negative impact on the environment. The truth is that the "Bitcoin Mining" process consumes enormous amounts of energy, about the size of an entire large city operating, and the amount of heat emitted from the computers is a huge number.

I think there are no specific numbers in this case. You can start trading with any number you want. I started trading with a capital of 0.05B (50% of my total assets). At the beginning I only take profit 5% or stop loss 3%. After having experienced, I gradually raised the profit level and as now, when I have experience, the amount I use to trade is 0.5B

I think Bitcoin will never replace currency.Bitcoin or other cryptocurrencies is a product of the oligarch - those who hold 90% of the world's total assets or we are known as the rothschild family. It is a tool for them to make money. We also cannot deny the power, superiority, breakthrough of Blockchain technology, about its benefits. I think that is the value of Bitcoin, not the value of money. Bitcoin or crypto was born to replace the current money system, bringing fairness and transparency to money and finance. But think about it, we live in a world where money is power. The more possessions you hold in your hand, the greater the power. If a country has monetary autonomy in its hands, it is a very powerful nation. So, how does Bitcoin or cryptocurrencies - things that provide decentralization (rather than centralization), transparency, and equity - can replace the current currency - which will bring power to itself covered. Therefore, I believe that in the future, cryptocurrencies are still just a tool to make money, not a substitute for money.