In my opinion, you don't need to have a large amount of money to start investing in crypto assets. "You can buy cryptocurrency for $100. It depends on what kind of token you want to buy.

But I agree with you. You should invest in cryptocurrencies only the money you can afford to lose. If the amount is large enough, you don't have to invest all 10% of your portfolio in risky assets. You can start with smaller percentages - 2-5-7%.

First, you need to set aside an amount that you are willing to lose easily. And buy cryptocurrency for 10% of this amount. This will be enough to start familiarizing yourself. And you should never invest your last money, or even worse, credit funds, in crypto assets.

I also knew that there are browsers with built-in wallets. Did you know that it's not just Opera? The most popular among digital asset owners are three web browsers: Brave, Opera Crypto Browser, and CryptoTab. Brave is #1 among crypto browsers, it is focused on anonymity and security. Opera Crypto positions itself as a web browser for Web3, and CryptoTab's main feature is built-in PoW mining.

1) Brave Wallet. To make the web browser interesting for crypto users, the developers have integrated a non-custodial Brave Wallet into it. The wallet supports a large number of blockchains and resembles an improved version of MetaMask. It can be used both as a widget that has a compact size and is located on top of the tabs, and deployed as a standalone tab for full balance detail and access to all functions. Supporting more than a dozen different blockchains (including Ethereum, Binance Smart Chain, Solana, Polygon), Brave Wallet allows you to store all the assets of these networks. From the wallet, you can transfer tokens, buy new coins for fiat using Visa/Mastercard payment cards or through Ramp Network or Wyre payment services. In addition, it is possible to store NFTs and follow market trends by viewing graphs of changes in asset value. Brave Wallet supports multi-accounts, an unlimited number of wallets of any asset, as well as import from hardware wallets.

2) Opera Wallet allows you to store crypto assets and NFTs, as well as connect to dApps without installing additional plugins. The crypto wallet supports ETH, ERC-20, and ERC-721 tokens, as well as various blockchains, including Bitcoin, EVM-compliant networks, and Layer2 solutions. Opera Wallet allows you to buy cryptocurrencies for fiat and perform swap transactions.

3) CryptoTab. This is a regular free web browser with the only difference being that it offers rewards for PoW mining in pools and a referral program with motivation for attracting new users. Rewards are paid in BTC to a built-in wallet and can be withdrawn after reaching a certain limit. The amount of reward depends on the hashrate, CPU power, and the number of invited referrals.

Recently, there have been a lot of reviews about the meager mining fees in CryptoTab and the inability to withdraw BTC from the wallet. It's also worth remembering that PoW mining on the CPU threatens your processor. Therefore, it is up to everyone to decide whether to accept such risks and try it or refrain. In any case, CryptoTab positions itself as a web browser for crypto miners.

However, I don't think it's a good idea to store cryptocurrencies in browser wallets. It seems to me that it is better to use high-quality and already proven wallets.

I agree with you. Given how accessible crypto trading has become for adults, cryptocurrency may also be useful for children and their parents who want to invest in their children's future. Moreover, investing in cryptocurrency could be the next logical step toward financial literacy for children, especially for those approaching adolescence and beyond.

There are ways to give cryptocurrency gifts to children.

1) Cryptocurrency gifts. You can create custodial wallets for your child and keep the private keys safe until your child is an adult. This will allow you to store cryptocurrency gifted to your child, effectively controlling the account.

Parents, for example, can make a regular cryptocurrency contribution to their child's wallet, and some even combine their crypto-gift with real coin so that the child has a physical sense of the gift.

2) Cryptocurrency and pocket money. This is a more subtle approach, as you may need to give your child access to the wallet keys so they can spend the savings. Alternatively, you could split the savings into cryptocurrency and cash or Stablecoins to satisfy your child's desire to spend the funds without spending the cryptocurrency.

3) Crypto fund for university. University requires a lot of spending by parents when a child enrolls. One way to save on rising expenses is to open an educational savings account or start investing in cryptocurrency, doing so ahead of time. This approach will at the very least save money, and given the deflationary nature of bitcoin, increase the initial amount in the long run.

In any case, I believe that in today's world it is necessary to develop children financially, because it is both useful and interesting.

Prior to that, counterparties were only required to comply with basic AML regulations. However, none of the digital asset service providers (VASPs) had ever gone through the full registration process.

The amendment introduced a more "lenient" licensing regime as opposed to the Senate's extremely stringent requirements. Recall that in December, lawmakers proposed requiring all contractors in the VASP category to be fully licensed by October of this year.

Currently, crypto companies prefer to register with the French Financial Market Supervision Commission (AMF) instead of obtaining a license. Currently, there are 60 companies on this list.

All in all, it won't be long now. Everything will be resolved today. We are waiting!

In general, I believe that you don't need to convince anyone that you are right. However, you have the right to your own opinion and are free to express it, regardless of whether it coincides with your opponent's. You can simply explain something, tell about your own experience.

Especially when it comes to cryptocurrencies. Everyone has had or has their own experience in this area. Some people have good experiences, some have bad ones. No one will ever be able to come to a single point of contact. Because even if you read the media, you can find different information on different websites, and everyone will think that the truth is on their side.

Therefore, I think it is better to express your opinion, but not to prove it to anyone or convince your opponent.

Good luck!))

USD is now on the list of currencies on Crypocto!

Many cryptocurrency investors use fiat currencies to buy digital assets. However, it is not always easy to find a tool that not only allows you to buy cryptocurrency for fiat, but also offers a favorable exchange rate.

Cryptocurrency exchanger Crypocto is exactly that. We offer favorable quotes, automatic exchange and a constantly expanding list of supported currencies. In particular, customers can now use the U.S. dollar (USD) for exchange.

Why USD support is important?

By adding USD to the list of supported currencies, our clients can buy any digital asset by paying in USD. Buying cryptocurrency in USD has several important benefits for both novice and experienced traders, including:
The U.S. dollar is the most common fiat currency in the world. Many people keep their savings in this currency, so it is easy to use for investments.
Many people have dollar cards. You can buy cryptocurrency using your USD account without any additional complications.
The USD is actively used for buying/selling cryptocurrencies, and the support of this currency is very important for both beginners and experienced investors.

Buying cryptocurrencies for USD at Crypocto

Cryptocurrency exchanger Crypocto offers customers the opportunity to buy cryptocurrencies for USD. In total, more than 20 digital assets that can be purchased for USD are available at our exchanger. Crypocto offers automatic processing of exchange requests. All requests are immediately sent to the blockchain, and once the transaction is processed in the blockchain, users receive funds without delay.

We are constantly working on adding new fiat and cryptocurrencies to our service. Take advantage of new features now!

Maybe it's not about mining? Maybe the power system needs to be strengthened or reconstructed? I believe that if there is a lack of electricity, it should be added, not banned mining.

I don't think much will change. Thus, the state will only tighten control over cryptocurrencies and computers. But these new rules will not protect companies from collapse or failure. Unfortunately, this does not depend on the rules.

But this is just my opinion. The authorities know what they are doing, after all.

I don't think it depends on whether people are friendly or not. Sometimes, people want to enjoy being alone and don't want to leave the house. In this case, it is easier for them to discuss everything online.
And there are people who don't want to share their opinions about Bitcoin at all, and it's easier to refuse something or discuss it online.
In fact, there can be many reasons. Do not rush to make any conclusions.

Bitcoin and other digital assets may rise in value if the global economy stabilizes and central banks start cutting rates. Against this backdrop, the value of cryptocurrencies may increase.

Given that 2023 is expected to be a period of total rate hikes by regulators, such trends are likely to be expected no earlier than the second half of the year, when investors will return to digital currencies. The low cost of crypto will force many investors to invest in coins, contributing to their growth.

Experts claim that it will take some time for crypto prices to recover. Previously, there were few professionals in the market. This contributed to sharp fluctuations and allowed large players to make money on the mistakes of less experienced cryptocurrency market participants. Currently, there are more professional players, volatility has decreased, and it takes longer for quotes to fall to significant levels. As a result, the recovery of quotes may be delayed.

However, I believe that listening to experts will only make things worse for yourself. We have no influence on the bitcoin rate. So all we can do is wait.

Did you know that Ethereum (ETH) will temporarily be an exception to this rule? Ethereum stacking on the platform will be discontinued after the update of the altcoin network called Shanghai, which is expected in March. The delay in the cancellation of stacking with ETH coins is due to the fact that the altcoin cannot technically be withdrawn from the program before the upcoming update.

Kraken accounts for 7.4% of all Ethereum coins in stacking (1.23 million ETH - $1.9 billion), according to analytics platform Dune.

Generally speaking, the discontinuation of the service for U.S. customers is said to stem from an SEC investigation into Payward Ventures and Payward Trading (operators of the Kraken exchange). The regulator accused them of not properly registering their stacking program as a service, under which investors hand over crypto assets to Kraken for placement in order to earn returns of up to 21% per annum.

And on that to settle the SEC charges, the companies agreed to immediately stop stacking for U.S. users and pay a $30 million fine.

Perhaps that's the way it should be...

Last year, Dubai and other UAE countries took important steps to rapidly adopt cryptocurrencies. For example, they launched the Dubai Metaverse strategy and issued a number of licenses to top international exchanges. In October 2022, 21 Shares launched the first Bitcoin ETP in the Middle East. It is traded on the Nasdaq Dubai international financial exchange under the ABTC ticker.

As of January 2023, more than 500 crypto startups have registered in the Dubai Free Economic Zone. This is a very good result!

In my opinion, while some countries are focused on tightening controls, Dubai's experimental approach could become a benchmark for other regions.

I think yes, it is true. Because they wrote about it officially on their website.

It's a pity, of course. It's bad for bitcoin. Many people in third world countries use it because there is no other similar service there.

In my opinion, they were dead as soon as they introduced KYC))

By the way, I can offer you an alternative application for BTC and XMR called AgoraDesk. Or Bisq and Robosats. They have open source code, a peer-to-peer system, their own hosting, a self-sufficient fiat with the ability to enable/disable ramp and exchange.

Personally, I have several reasons why I am interested in bitcoin in particular:

1) bitcoin is protected from inflation - for this purpose, a limited issue of bitcoin and regular halving, during which the commission to miners is halved, are laid down at the program level;
2) bitcoin transactions can be carried out 24/7/365 in any corner of the world where there is an Internet connection;
3) there are no limits on money transfers in the bitcoin payment system;
4) bitcoin transactions are transparent and secure due to blockchain technology.

So, I wish you success. I hope you will be able to understand cryptocurrencies, in particular bitcoin, and make a lot of money.

Maybe someday you'll share it with me when you remember my answer to your question.

I agree with you. Time will show!

Prices began to be duplicated in bitcoin from time to time, and the government launched a virtual wallet, Chivo, which allowed for commission-free transactions. In January, Bukele reported that 60% of the four million population had used the mobile app, and more residents had Chivo than regular bank accounts.

However, a report by the US Bureau of Economic Research shows that of those who installed the app, 80% stopped using it as soon as they spent the $30 bonus. And most of those who continue to use Chivo pay with dollars. At the same time, less than 65% of the country is covered by mobile internet.

One of the hopes pinned on bitcoin was to save hundreds of millions of dollars in money transfer fees. The money sent home by migrant workers accounts for more than 20% of El Salvador's GDP. For some households, this is the main source of income. Conventional services charge a 10% commission, and people are sometimes forced to wait for days to make a transfer.

However, as a result, only 1.6% of these transfers are made through digital wallets. A Deutsche Bank study found that people prefer to exchange bitcoins for dollars, which is not so easy to do. They often turn to unofficial money changers who set their own fees.

I think this is a very good explanation. They really explained it in an accessible way for all ages. And if a beginner reads these answers, he or she will immediately understand what is bitcoin.

The law introduces the definition of a virtual asset as "a digital representation of value that can be negotiated or transferred electronically and used for payments or as an investment." Thus, the legitimacy that BTC gains as a means of payment can stimulate financial activity in the country.

But the level of this activity will depend on the actions of the local regulator. It is expected that these functions will be shared by the Securities and Exchange Commission, which will be responsible for crypto assets classified as securities, and the Central Bank, which will be responsible for all other cryptocurrencies.

Did you know that the new law criminalizes fraud using digital currencies? This is punishable by a fine and two to six years in prison.

In addition, crypto companies are required to obtain virtual asset service provider licenses.

However, since the law will come into force 180 days after its signing, it will not really be in force until June 20, 2023. That is, until then, bitcoin is not actually an authorized means of payment.

Cryptocurrencies are currently banned in Bangladesh because the government considers digital assets too risky and decentralized. In addition, cryptocurrency transactions are contrary to financial regulation and state law. In September 2014, the Central Bank of Bangladesh reported that two crypto-traders could be sentenced to long prison terms under a strict money-laundering law.

Looking at the regulatory and legislative framework, one can conclude that cryptocurrency is completely banned in Bangladesh and this is not a recommendation. It's just that for some reason this particular article says these are recommendations.

I agree with you, but unfortunately this is the opinion of the authorities and there is nothing you and I can do about it...