You invest to ultimately be more happy. If you sell investments to purchase quality-of-life improvements, this is great for you. This is not about phylosophy or ideology. Do what you are comfortable and happy with. It's easy if you have multiple millions lying around. If you don't have that and you want to sell some bitcoin to upgrade your car to the dream model you've always wanted. Do it. It will make you happy. Would you be able to sell it for more fiat later? Probably. Will you pay taxes? Yes, always on everything. But having bitcoin on your wallet when dying does not make you happy either.
Birrowing against crypto is essentially increasing the risk of an already risky asset.

Adoption cant be stopped at this rate. Inflation of fiat currencies is growing and with it exposure and interest in other stores of value. Great news for Crypto.. all of this I see as just building blocks for this space. It will take time, but is ultimately for the best.

In the short term, the reason for its rise is nothing more than the exposure of the news, letting you learn more and participate in it; the attitude of the government, especially China, the United States and the EU countries, their attitude towards Bitcoin; the acceptance of the market, such as Now that more than 600 banks in the United States accept Bitcoin transactions, it will rise sharply; of course, there will be technical aspects, such as the current difficulty of mining and the total computing power of the entire network hardware. As far as the current understanding is concerned, the technical volatility is not as large as the volatility caused by the previous factors. The technical factor should be more obvious after the market becomes more stable.

I hold the same view as you. The change of government may introduce some unfavorable or favorable policies for Bitcoin, because every leader has a different attitude towards cryptocurrency, which also indirectly affects the price of Bitcoin. In some politically turbulent areas, their home country’s fiat currency is out of order, inflation is serious, or the US dollar is directly used as the country’s fiat currency. This is why El Salvador uses Bitcoin as its own country’s legal currency. In the hands of Bank of America, it is the best choice under current national conditions.

Bitcoin is not only an important invention in human history, but also a kind of civilization. It has gathered a powerful consensus in the world and solved many problems. For example, users of Bitcoin have complete control over their transactions; Merchants cannot impose unjustified or unobtrusive fees that might occur in other payment methods. Paying with bitcoin eliminates the need for personal information to be tied to the transaction, which provides significant protection against identity theft. Users of Bitcoin can also protect their funds through backup and encryption, which is much more secure than fiat currency, so I believe that in the future Bitcoin will become a means of payment for people, not just a means for investment.

At first, I have the currency because listen to friends say it can bring huge wealth, at that time, I will follow my friends bought some, but it was because of the plunge, I also sell some, but as I study in-depth knowledge of encryption currency, I began to have a plan to buy, is no longer at the highest price to buy, and sell when tumbled, I think I have gradually become a loyal fan of Bitcoin, I believe it not only brings wealth but also brings new changes to the world.

Immediately, the earlier you start planning for retirement the better. Regardless of the type of assets you ultimately plan to live on in retirement. You should be diversifying across many asset classes and crypto is certainly a good one for capital growth in the immediate term and probably even better in the long term.

Perhaps most people begin to contact the currency because I heard that it can bring huge benefits, people are yearning for freedom of wealth, is the nature of human greed, I don't think because the currency so that they become like this, so it is human nature, but we can never be just profits and not losses, people's desire is strong, But we need a clear understanding to better grasp the timing, so that we will not be frightened by the temporary market turmoil.

If you die one day, you can give your wallet and private keys to your wife or children before then and teach them how to use them. Cryptocurrency will never disappear. You can rest assured that as long as you don't lose your wallet and private keys, you can get them back. Your future generations will still be able to use the bitcoin or other crypto assets in your wallet.

If I have not been exposed to Bitcoin, I may also invest in other projects or stocks, or I may open a shop with my friends to do a little business, but I think even if there is no Bitcoin, there will be other cryptocurrencies. Will appear, I think this is the inevitable trend of the world's development, and it is unstoppable.

Volatility is profit opportunity for shorter term investors and meaningless for long term investors. Short term investors like volatility as it means there are more opportunities to snipe profit in any given timespan. Long term investors don't care about volatility so much, they care about overall market trend over long timespans (years, not days/weeks/months).
Crypto has both a long term uptrend now that there are several well established projects that have survived a couple down turns and a very volatile short term... so it appeals to both mindsets.

Bitcoin will spread rapidly to Central and South America.
In Africa, Tanzania is poised to be the first country to follow this trend.
Gradually, Then Suddenly.

Bitcoin is limited in quantity. News like so and so billionaire or so and so company bought 100,000 BTCs is now commonplace due to the dip. Will there be a time when there will be no bitcoin to buy. If so then what will happen then?

I heard that China seems to be launching its own country’s digital renminbi. Perhaps this explains why China has issued various policies to prohibit bitcoin transactions and mining. They are the people who control their own country and want to replace bitcoin with digital renminbi. This is impossible, but they did it, but the trend of Bitcoin is unstoppable, and this approach is doomed to fail.

This is not good from energy mix perspective. The region of Sichuan was using energy from Hydroelectric (renewable). This will mostly move to dirty energy sources.
Coal represents around half of Kazakhstan's energy mix (50% in 2018), followed by oil and natural gas (both with 25% shares).

Credit would become obsolete. Save first, then buy. Renting would be just like paying in cash, except that the landlord doesn't have to turn up to receive the cash in person.

Just curious, do any of you set stop losses and recollect again later? Or do you just HODL regardless of what the dip is.

Either pick a number for yourself, could be when BTC hits x price or after x years and just stick to it no matter what.
That being said there is also the never sell option, say you have 1 BTC at $1,000,000 by the time it hits that value itll be very easy to use that as collateral for whatever business venture or ventures you may want to dwell into and as long as you are successful you never sell and just hold as part of your portfolio.
Thats at least my thoughts on it, not advice and im pretty new to crypto in the grand scheme.

El Salvador want to escape from the control, and choose the encryption currency, it is a good thing for the country, and also for the same other country opened the pioneer of fate, if el Salvador after use COINS to pay for the country's fiscal, financial pratt &whitney, investment, tourism and other fields has a positive meaning (this may take years), Then more countries with the same fate as El Salvador will enact corresponding Bitcoin laws, which is a milestone for the application of Bitcoin.

Bill Gates and Warren Buffett and Elon Musk are two different kinds of people, although they are both rich. Bill Gates, we can call him "the ball guard", you see what he does with his wealth, whether it is to go to Africa to cure diseases or in the United States to enclose land to improve the soil environment, nothing but to their own power to delay or even improve the human on the earth has been on the verge of collapse of the living environment, to make the earth a better place. If you look at Elon Musk, we can call him a "ball pie", whether it's building cars or investing in Bitcoin, it's just a way for him to make money. He just wanted to amass the wealth to develop rocket technology so that he could aggressively push his plans to leave Earth and land on Mars. Musk has found that Bitcoin is the most efficient treasure bank in the history of mankind, and that by tying it to him, he can greatly advance his goal of landing on Mars, so he has put a strong stand on it. Bill Gates, on the other hand, believes that Bitcoin has no value for human beings. It can neither promote the development of science and technology nor improve the living environment of human beings. It only consumes a lot of resources, so he firmly stands on the bearish side. So they're opposites.