Because you can use it many possible unlike real estate, there are a lot of papers to fill in and things are a lot complicated when it comes to this things but alt coin it can be used for online payments without hassle. Plus alt coins are a really good way to earn a passive income,

I think it is a good thing for new investors so that they can invest larger quantities of coin, though what I am saying is that it is a good thing that the plunge fluctuations in the market is not a permanent happening, there will come a time the fluctuation of the coin market will go up and the profits yielded will be a big. Trust in the market will go a long way.

Maybe you should hodl because there might just be a temporary plunging fluctuations. You might end up regretting if you sell it right now.

That is not far from impossible because bitcoin is flexible and can be used in different ways. For example, you can use it to buy items.

You are right but you also should also consider the individuals financial ability, if you were to buy bitcoin right now at 7k USD, it is dependent to the financial reaches of an individual.

To convince him you should tell him the flexibility of bitcoin and the profit you might get from it. You could tell him that bitcoin can be used to pay a plethora of items in different stores be it online or not and that there is a season where bitcoin reaches a peak where you could get a big profit.

Bitcoin affects them through the bitcoin's market fluctuations it affects other cryptocurrency prices which makes Bitcoin and Altcoins related.

One factor is that there is an increase in the investor and second is that demands for data in the market increases.

There are different factors that scare investors one thing I know is it's legality, bitcoin in other countries are sometimes met with legal boundaries that makes it illegal, second is it's volatile and unpredictable market fluctuations, bitcoin as we all know is like a bubble, it may expand or compress and investors see this as a reason for not investing in bitcoin. Third and finally is the price, bitcoin cost 7.3k USD right now and some investors are scared that they will pay a huge price only to have loss rather than profit.

I would not buy it since I already know that I will not get a profit from it and it will be a waste of time on buying something that doesn't give anything back.

That's the added thrill of investing in cryptocurrency market, it makes everything exciting, you can't simply predict the possible outcome of the random fluctuations in the market which makes it immersive in a way that you can earn money through virtual means, like a real stock investment you wouldn't know if there will be a profit or there will be loss.

I don't think the market will collapse because there is no real prediction on what will happen next in the Cryptocurrency market, they all say that the market will collapse but look at what happened at bitcoin it grew and no one was expecting that it would grow that much.

Sa tingin ko hindi tayo makakasiguro dahil mahirap i-predict ang paggalaw sa market. Sa tingin nakadepende na iyon sa mga tao, at sa aking tingin magtatapos na masaya ang taon na ito para sa mga cryptocurrency.

Isang paraan ay ang paggawa ng research sa isang program na sasalihan tignan kung ang mga nagpasimula ay trusted na mga manager, delikado kapag may red trust dahil 80% siguradong scam yun, kung marami ang gagawa nito tiyak mahihirapan ang mga scam programs na maisagawa ang kanilang balak dahil sa kakaunti ang nauuto nila. Iba na talaga ang may alam.

Safe pa din naman kailangan talaga na hindi mo ipapakita ung private key mo tsaka mo wag mo din ipagmalaki na un ung ginagamit mo para hindi nila maisip na pagdiskitahan yun.

The time you spend to do transaction with bitcoin is time consuming which is frustrating.

I think property is a better investment right now because there is a great need right now for land properties and having an investment in property is a very good sure shot profit because having a property right now is a necessity. On the other hand bitcoin right now is a bad investment because it has reached its peak and right now the fluctuations is unpredictable so I can't say that bitcoin is the best investment right now.

Good luck on your new venture, hope that you will become successful, this words you said made inspiration and I hope that what you want to pursue you will be successful. 

Because there are still unknown things that a digital money can do and it can harm if authority does not regulate cryptocurrency. One thing that I am sure is that cryptocurrency can be used for illicit activities and not worry that they are tracked, cryptocurrency is a double edged sword, it can do bad and good but it is up to the person wielding the ability to choose what to do.

Though mining needs a lot of equipment and needs a lot of maintenance, the yielding profit is worth it and your spent money to buy those equipment and its maintenance are paid with a very big profit.