While giving advice to someone when we are 100% sure about certain matter and when we have full understanding about that matter then we should advise other on that matter otherwise if we give wrong advice to other he may get confused. We cannot be given wrong information while proving how much we know, because wrong information can be a danger to anyone on such a platform.
That's why this has a topic named " Every possible wrong crypto advice's", you are a newbie and you can tell the difference, so this thread is working after all. |
|
|
|
|
Every new altcoins are good altcoins in the first year of launch, if they haven't seen any new bull market its better, because after a bull market there is 90% chance that they will die or get abandoned, that's why it is good to go after projects that raised good amount of money in a bear market before a bull market.
If I have the privilege to advice any newbies, I will tell them to give less attention to white paper, they are available to know more about the project and other future plans, but they must not let the white paper be the reason that they invest in the project, I think OP is right that team past experinece is a big plus, they will handle the present project even better.
Mind you, all these is about making money from the project when a bull market comes, newbies must not marry their bags because altcoins always dissapoint after a bull market, have it in mind that you invest only to dump after the altcoins make a new highs, secure your profits and think more about buying more Bitcoin.
|
|
|
|
|
Hi guys, I need some hints about renting someone else signature space on this forum, I have since few ads in the past and present from big members on this forum like hugeblack for example.
My question is I will like to know how this idea is beneficial to anyone, what is the gain of renting someone's signature space and how can one make the best of it?
Or just drop me a link to read everything about this? The percent of the lender after weekly payment and co? I can't seem to understand this but I do believe that if the ad is up then it is real.
Thanks.
|
|
|
|
|
My Countdown to Full Member Rank
Number of Merit(s) left: 21
|
|
|
|
|
This will be fun, drop you 5 wrong crypto advice you can think of, I will go first.
1. You should store your crypto assets on centralized exchanges, the bigger they are the better, so if they lose your assets you will be able to hold them responsible.
2. Buy your hardware wallets from local stores nearby, you will save a lot on custom fees and shipping fees.
3. The cheaper the better, Bitcoin Cash and Bitcoin gold are better than Bitcoin.
4. There is no difference between a custodial and a non-custodial crypto wallet.
5. You can become rich by taking a loan to invest in crypto.
|
|
|
|
|
I disagree that accepting crypto to your hardware wallet while running a business is a good practice, this is the advice that my long time crypto investor friend was telling me when I told him that I want to start accepting crypto payments in my business, we argued for a while and I got tired.
Can someone tell how how wrong this is? Because I do have both hardware wallet and I have used Hot Wallet few years already, it is not easy to make fast transactions using a hardware wallet.
And my friend seem so focused on the safety, I told him that long term holding is why hardware wallets are good choice not day to day transactions.
Hot wallets are good for day to day transactions, activities that involve solving tasks to make more tokens like testnets and airdrops, connecting to uniswap and other Dex for purchases, in the end you move your valuable assets into a hardware wallet for a long term safekeeping.
|
|
|
|
|
Optimism survived, Ethereum survived, Solana survived, stop hating on these layer projects, they make transactions faster and cheaper than Bitcoin, this is the part that many Bitcoin maniacs don't want to accept, I respect the love for Bitcoin but don't expect everyone in the world to love Bitcoin and hater every other things.
Some projects will survive and some will fail but if we don't give developers the chance to put in the effort what is our gain? Every developers are not the same, some do have passions to bring solutions into crypto space and some are scammers with bad plans in mind, this is why investing in other coins and projects are more risky but if one risks only what they can afford to lose it will be fine.
|
|
|
|
|
I am curious.
Since Black rock and Greyscale among others are very powerful in the financial world, are they powerless in politics? Because I believe they will benefit even more if someone who supports crypto to the core is elected as the new president of the United States.
I can't help it think that if these people also have power in politics somehow, any crypto hater will be gone if they want them gone, I believe these people are responsible for the forceful apprivement of the ETFs, now Ethereum ETH is also a success.
With Biden and Warren hating on crypto, these two will be too powerless if many powerful companies want them out of power over crypto.
This is just a thought, and I could be wrong, I read this nowhere but all in my head, if you have something to say about this you are welcome.
|
|
|
|
I feel that memecoins, AI and gaming, also possibly RWA are the upcoming mega trends so I wanna be well prepared for the next bull market
Do you agree that the following selection is decent? I only wanna pick coins that have at least 10x potential
- NEAR Protocol
- Render
- Immutable X
- Shiba Inu
- ONDO
I feel a part of your investment should also be into Bitcoin. It is far more stabel than all the above coins. I think you PEPE is far better than Shiba INU in terms of returns. Take a look into TON as it has also shown a rapid increase in its orice in a few months time. There are speculations of it getting listed on Binance that should boost it's price again. Don't forget that he created tbisTopic in the altcoin discussion because Bitcoin isn't involved, this person knows about the importance of Bitcoin but he is a altcoin person, you don't need to tell him to invest in Bitcoin. The truth is Bitcoin is the safest like you said but it is not the best choice the higher returns of investment. I believe that with Immutable, Render and Ondo you will make better money than investing in Bitcoin, you choose them well OP, even with 10x each from these three will do you justice than investing in Bitcoin. I don't have Bitcoin though, my x ROI is just more important to me than anything. |
|
|
|
|
Is this good advice for those who can't afford a hardware wallet?
Using a Bitcoin Electrum wallet or other, disconnect from the internet before generating a new seed and never connecting to the internet again.
Until you are ready to sell everything in that wallet.
Is this practice similar to using a hardware wallet? This advice came from a man I know who said to have been keeping his BTC since 2013 in the same manner, he said the internet/online is the culprit or enemy of every crypto wallet.
|
|
|
|
|
Call me an idiot, I don't care but I believe that this question deserves some answer.
I have been hearing about the importance of buying Bitcoin at the dip and something good strikes my heart.
What if I can't be available when Bitcoin is dumping? What if I am away because in reality I am always busy, you can tell how epileptic my activeness on this forum have become.
Is there anyway to buy Bitcoin dips when I am not available? So this come to my mind straight away.
A bitcoin buy the dip bot, that can trigger a certain price when I am away, is this possible?
Don't tell me to use a centralized exchange, been not active in crypto space means that a centralized exchange can collapse before you come back, I want something in my control.
If you have a better option, don't hesitate to share.
|
|
|
|
Maybe it's a good idea to put a couple of bucks in there but I think I like your choice of word " gamble" which I will likely or may not invest in it.
But the fact that it's not popular could give it a chance of making one a good profit which will be withdrawn immediately after hitting the target because surely it may be one of the shitcoins that comes and goes after bull run.
I will have to check em out if you can gamble some funds In it.
I like altcoins that are scarce and have most of their supply in circulation and this ticks both boxes. Have done some research and watched a few videos on Youtube, some say it could 100x but I will be happy with 20x Most supply in circulation means nothing, developers can pretend to be buyers, they will create multiple wallet address and start buying themselves, just to deceive people like you, and moreover if you are early to a new project you can't expect the circulation to be huge already. I jumped in few projects last year, the circulation are around 2% to 8% and the Marketcaps are very small, and today they are over 40 million in market cap and the supply is over 40%, when you are early to a project it's where you will make most money and that's where no one will want to buy. Trust me, that's the best buying point, just make sure the project is good enough, the investment trick of altcoins is to be early. |
|
|
|
|
There are many trash projects that are been launched in this period too, do not let your guide down, you can't start investing your hard earned money in any new project just because their timing smells bull market, even the scam projects are always well funded at times, example is SathoshiVM.
Use your brain, don't be a victim.
|
|
|
|
|
Guys I need the new miner for kaspa but I don't know the right website, I mean the official website to order them, I don't want to buy from other online store because of price and also if something happened I can resend back to company, I feel this miners will increase in price very soon, maybe after the real bull market starts, it could be too late already, any info will be appreciated.
The miners I am talking about specifically is the KS0s
|
|
|
|
|
My Countdown to full member Rank
Number of Merit(s) left: 21
|
|
|
|
|
My inactivity on the forum is why I don't know that this is happened, sigh! while the world is waiting for a new btc all time high some people are losing their lives, this is very sad, he is a light, and death turn the light into darkness, I hope he have a good heaven, may the lord turn his darkness back into light and have him by his side in heaven always, rest in peace bitcoiner. so sadddd.
|
|
|
|
|
I don't consider this to be a stupid question, I just want to know why.
I can see that some crypto wallets this days are giving their users the option to create new wallet using 12 recovery seeds or 24 recovery seed, but I am confused to which one is safer and more stronger than the other.
Reading a lot about crypto wallet on this forum, I have seen where some said that 12 recovery seed is better and some said that the higher the number of the words the better.
I don't know which is which, but I trust that keeping your recovery seed safe either 12 or 24 is the most important thing to do.
Now what do you think that I am missing here right now? Anything at all? Which one would you prefer out of these two and why?
|
|
|
|
|
Be careful with third-party app developers, majority of them are criminals, the most common crypto thefts happened through google playstore and even Microsoft app store...
I don't completely blame these scammers but the official stores allowing any third-party developers to post their scam apps on the stores, knowing that they are responsible for millions of people visiting the stores to try out apps and software.
Ledger hardware wallet now can't be trusted because of the theft that happened around this year resulting in over 500 million dollars assets lost, the Microsoft store literally allow these third party criminals called developers to make their fake Ledger Live app available for many people.
As gullible as people can be, they thought the app was from Ledger officially, without doing their findings first they went on and connect their hardware wallet, them must have thing that because it's available on the might Microsoft store itself.
At some point, this fake ledger live app asked people to insert their recovery seed phrase and they did, it shows that many people are just running hardware wallet, they don't understand a thing about it, they order for hardware wallet and they believe that it's impenetrable.
There is no amount of security strategy implemented into your hardware wallet, once you insert it into something else apart from that your very hardware wallet you have given your crypto assets away, even if it's Air-gapped, Cold wallet, or whatever, every security is useless once you give your recovery seed away.
Apart from your hardware wallet itself, once something else ask for your recovery seed it's a scam, not even your hardware wallet official website should ask you that.
|
|
|
|
|
Crypto Investment MYTH.
Never marry your crypto bag....
Investment Reality
Every freaking rich crypto millionaires married their bags so hard that they refused to let go and in the end it work out for them.
Many people are confused when they are told not to ever get married to their bags and yet they are told to HODL, so which one is which?
Bitcoin holders years ago married their bags, today, they are all whales and bosses of their own, the same with Ethereum and BNB, I believe this is a bad advice for all crypto investors.
It's a advice that is mixed up, I believe the right advice should be, never marry your altcoin bag, easy to say right? It's not the same to Bitcoin and ETH, marry your bags and get set forever.
Years ago, there was not many people telling people to hold their Bitcoin, because no one knew its going to be the giant of crypto world in future, well Ethereum comes into play and it was on sale for 0.99$ years ago, if you marry an ETH bag, today your life will never be the same, BNB came into play again and many lives are changed, now tell me, is it over?
|
|
|
|
|
Show Posts
