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101  Other / Beginners & Help / Re: Be patient, don't get discouraged. on: October 20, 2022, 02:13:54 PM
They aren't really here to learn; instead, they're after the money they can get from the people who told them they could possibly get in this forum. If they get discouraged easily when things seem difficult for them, especially when it comes to ranking up, they should give up. However, if the majority of newcomers would just be consistent and up to date with both crypto news and global events, they would undoubtedly be able to submit some high-quality content here and gain points that would help them move forward and earn money in the future.
102  Other / Archival / Re: Another Reminder for New Investors on: October 20, 2022, 02:12:37 PM
My experience has taught me the value of only depositing money in Bitcoin. I currently own a number of altcoins that I purchased last year. While their performance last year was very convincing, their value today is less than 90% of what I invested.
Even though I still own a small number of satoshis, I really regret the choice I made last year to sell bitcoin and purchase that shitcoin. However, I am unable to sell it because doing so would cause irreparable losses. The important lesson I took away from this experience is that the world just wants bitcoins; it doesn't really care about a few altcoins.
103  Other / Beginners & Help / Re: Too risky to leave BTC right now on: October 20, 2022, 02:11:11 PM
You don't have to believe anyone's predictions because they are reality; however, the question is how they will entice additional investors to invest when they intend to withdraw their own funds. Even major crypto influencers are calling for 150k per BTC in the bull market. Since Bitcoin has lost over 70% of its value, only those who purchased it at the ATH will suffer a loss. As a result, it is currently a good time to buy; people are actually purchasing it.
104  Other / Beginners & Help / Re: Why newbies get banned on: October 20, 2022, 02:09:51 PM
Many new users find Bitcoin forums to be challenging. Most of them engage in spamming. They visit bitcoin forums but fail to thoroughly study the guidelines. That is why they can't stay on the bitcoin forum for too long. They receive an immediate account ban. I believe that if the new members of the forum abide by the rules, they will be able to accomplish good things in the future, and we can see that many members of the forum already do good things.
105  Other / Beginners & Help / Re: My quick advice to my fellow newbies on: October 13, 2022, 05:45:53 AM
Asking for advice and recommendations from others is acceptable, especially if they have a lot of experience in the field. However, you should never take their advice to the point of blindly accepting it. Your ultimate choice will always matter the most. Also, before making risky choices that you might later regret, prepare for investing or trading by learning the necessary knowledge and abilities first.
106  Other / Beginners & Help / Re: How hard to detect scams nowadays? on: October 13, 2022, 05:43:07 AM
However, if someone tries to con someone after their identity has been revealed, they run the risk of legal action. As a result, I believe that the majority of con artists still use false identities, but if anyone used their real identity, they will eventually go to jail. Even with bitcoin, no one can predict its size in 2010 thus investing in new projects is like always taking a chance. However, as con artists developed through time, I believe that today they are using more realistic investment strategies to ensnare novices and flee with a few thousand dollars.
107  Other / Beginners & Help / Re: Why newbies get banned on: October 13, 2022, 05:41:16 AM
Many new users find Bitcoin forums to be challenging. Most of them engage in spamming. They visit bitcoin forums but fail to thoroughly study the guidelines. That is why they can't stay on the bitcoin forum for too long. They receive an immediate account ban. I believe that if the new members of the forum abide by the rules, they will be able to accomplish good things in the future, and we can see that many members of the forum already do good things.
108  Economy / Trading Discussion / Re: Mentor experience in crypto trading. on: October 11, 2022, 11:49:40 AM
Trading is too hazardous for me, but finding a trading mentor can help you avoid losing money in the market. I must admit that until recently, when I lost interest in trading, I had a mentor who is a successful cryptocurrency trader and who used to share some trading strategies with me. There are various forms of mentoring, and you must distinguish them from role models. Santoshi is an example of a mentor since a mentor is someone you can interact with physically and actively for both communication and a relationship—they don't have to be from a distance.
109  Economy / Trading Discussion / Re: Day trading on: October 11, 2022, 11:48:34 AM
That is why the majority of traders lose money, especially day traders. Each day's market conditions will be unique, and unanticipated rumors like a crypto ban or that the most well-known exchange has been compromised, among other things, will cause a brief crash in the market. Cut losses are your only option since if you do them too frequently, you won't make additional money.
However, I don't believe trading for more than a few days or a week will be more profitable than simply holding Bitcoin by itself.
110  Economy / Trading Discussion / Re: If I get heart Attack that is because of BITCOIN on: October 11, 2022, 11:47:32 AM
You probably shouldn't relate your actions with Bitcoin if you have a weak heart. However, if the temptation is still strong but you lack the knowledge and motivation to maintain the price you require, draft a will in which you accuse bitcoin of routinely ruining you. Grin
But in all seriousness, there are rules for purchasing and selling bitcoin, so if your income is insufficient to support an investment in bitcoin, it probably isn't for you.
Just save your energy. Bitcoin will only increase your wealth if you make a wise investment and have the patience to wait, but in today's world, even that is not a guarantee.
111  Economy / Trading Discussion / Re: Money but from where on: October 08, 2022, 06:13:03 PM
Cryptocurrency mining is the most efficient way to make money. The amount of capital investment required depends on how much money you need. In addition to this time, there are many additional ways to make money. You must determine which one best fits you, your financial situation, your level of education, and other factors. Money can be made through trading, but this cannot be relied upon as a consistent source of income. Because everyone will eventually lose money due to the market and inaccurate predictions.
112  Economy / Trading Discussion / Re: What is happening with Crypto market on: October 08, 2022, 06:11:49 PM
The current cryptocurrency market was depressing for those who held it. By holding the prospective currency itself, they continue to lose money. Two days prior, I had 530$ and had lost $120. The market plummeted simply as a result of holding different coins, nothing else. 120 dollars out of 530 dollars is a pretty large sum of money. In the long run, holding your coins is crucial while trading in crypto currencies.
113  Economy / Trading Discussion / Re: If I get heart Attack that is because of BITCOIN on: October 08, 2022, 06:10:27 PM
Please don't have a heart attack unless you wanted to become renowned for being the person who was killed by Bitcoin. Since it happened to me before and may still happen in the future, you should know that you are not alone in having this terrible experience. It might not only happen with Bitcoin but with other digital assets as well. That indicates that you made the incorrect decision at the incorrect time. Other than the fact that we feel mistreated throughout the entire process, there is really nothing to be ashamed of in this situation.
114  Other / Beginners & Help / Re: Why it's so hard to rank-up? on: October 07, 2022, 07:41:03 AM
I believe that ranking up is not all that difficult. I didn't take advantage of a chance to gain merits in order to get the whole number of merits I currently possess. I made an effort to participate on this forum, and I eventually succeeded. You must have confidence in your ability to succeed so that you may quickly move ahead in the rankings from where you currently stand. Currently, you only need a few merits to move up. Wishing you luck in reaching your goal milestone.
115  Other / Beginners & Help / Re: Here is why they say to store your seed "offline" on: October 07, 2022, 07:39:13 AM
Online data storage is essential for any valuable data.
That is why, in order to prevent any scam effects, those seed words or other information that could be used to access your precious possessions shouldn't be stored on the cloud or with any online storage provider. It should be written down and preserved on paper in your closet, or even better, a safety deposit box.
116  Other / Beginners & Help / Re: All newbies are welcome to this forum on: October 07, 2022, 07:38:13 AM
By including that link in your post, you gave your topic greater meaning, and after clicking it, you might find any additional information by reading the threads in the sublinks. I concur that this forum is the most beneficial—if not the only reliable—place to learn and make money. The community-based crypto discussion here is incredibly helpful as you explore the world of bitcoin and cryptocurrencies.
117  Other / Beginners & Help / Re: It's alright to lose and learn on: October 07, 2022, 07:35:41 AM
However, it is not always advisable to lose money in cryptocurrency in order to learn instead, it is good and ideal that before making various cryptocurrency-related projects, it is good to have a background investigation to see what are the things needed by a newbie by which you can get an idea where to start your journey next is to see if you can now control the danger because that's how you decide whether it is good to take a risk or not with the journey you would like to take, once again investment in knowledge and research
118  Economy / Trading Discussion / Re: Advice for poor people who wanna get some crypto on: October 06, 2022, 08:49:07 AM
Comparatively less people are becoming wealthy thanks to whales taking all the money from retail investors than those who do. Those select retail investors who are successful in making large profits were just fortunate enough to enter the market before whales. There is no other source of income here besides other people's money, so it's either you will become wealthy or you will be ruined. I'm not sure exactly how you believe that cryptocurrency will be the key to escaping poverty.
119  Economy / Trading Discussion / Re: Binance trading activity is 13x larger than any other exchange on: October 06, 2022, 08:47:34 AM
There are many options depending on your country and the amount of data you are willing to share. For example, Binance may be the best option if you can verify your identity, understand the fundamentals of trading, and have a sufficient balance. However, it is not the best option for order execution speed or no withdrawal limits. In general, all data is susceptible to manipulation unless there is an impartial third to accurately measure trading volumes.
120  Economy / Trading Discussion / Re: Money but from where on: October 05, 2022, 10:07:38 AM
Cryptocurrency mining is the most efficient way to make money. The amount of capital investment required depends on how much money you need. In addition to this time, there are many additional ways to make money. You must determine which one best fits you, your financial situation, your level of education, and other factors. While it is possible to make money through trading, this cannot be relied upon as a reliable source of income. Because everyone will eventually suffer a loss based on the market and a bad prediction.
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