Now everyone is investing heavily on Bitcoin. But can anyone hack this Bitakayena? If Bitcoin means hacks, then there will be a lot of damage. Where is Bitcoin's hidden security?
Bitcoin cannot be hacked, its the bitcoin wallet who is hackable if you do not take care of your private key of your wallet. But dont worry, there are so many ways to prevent being hack by hackers. First is hide your private key into a safe where you have only access and make a 2fa authentication. The one who owns bitcoin is the one that can be hack by hackers but bitcoin itself is not. It is good to place strong security for your wallet, never forget and keep the keys in safe place where no one knows to access but only you. There are many sites that is not safe to use, beware of it because sometimes it is the way why hackers can get access to the wallets. |
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You must start reading. you must learn as much as you can. you need to gain knowledge one step at a time. don't worry you didn't need to rush things easily. i suggest you read more at the beginners and help section. i find it helpful when i started.
Reading and searching information about cryptocurrency is the first step because you need knowledge about it to start. You need to ask someone who can give his idea and experience about it. You can invest in bitcoin and can find good project to join for to earn. As a beginner, do not expect much that you can easily earn from it because every work need patient and hardwork. |
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Because bitcoin is Father and it was first and nobody will could be older then Bitcoin that's why its main cryptocurrency and others could be much special in that things then bitcoin.
Bitcoin is also a foundation of all other cryptocurrency. Bitcoin has many benefit than other and can use as payment for different transactions. You can buy any coin using bitcoin and it is more profitable which cannot lose value in the market even it is volatile in nature. |
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if you want to hold any coins, choose it carefully, coins like BTC, ethereum can be hold for long term. if we see the current market the strategy should be HOLD, because it is gonna take long before market fully recovers
Choose for the coins to invest which has possible to grow in the market. Some holding makes you lose profit because the coin do not recover from dumping and it make you regret to take risk again. |
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There's a way in recovering your Private key if it is you key to your myetherwallet. But you should have downloaded the UTC and you still have the password when you create your account. I have lost my PK before but i recover it again.
Yes but that is only possible in case of Etherum. Myetherwallet gives you number of ways to access your account. But for bitcoin private key is the only way to access your wallet. You can also restore your wallet with the seed but i am afraid if these are lost there is no way of recovering the bitcoins and those bitcoins are lost forever. Once lost, it is hard to be recover the keys. Private key is more important thing that need to keep on you to access your file. It is better that you know where to keep it because not all account can be recover. You have to be careful and make more backup of it because you can lose everything what you've gain if you become clumsy on it. |
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Whoever has such confidence in bitcoin can do it. I personally would sell the house for bitcoin.
It is not good to sell what you have in order to have investment in bitcoin. You can start to earn bitcoin and make it for investment instead to using your asset. Some are working to have a house and lot on their own while you are going to do the other thing which I could say that not good decision because you take big risk on it. |
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Hello guys i got really lucky and some of my altcoins received from airdrops have gained value.I want to sell it at its market price.Where can i sell it at its best price?
Also i am confused as to hold or sell the coins.The coins which i possess are at its initial stages so will its value increase with time or should i sell it now.Two of the coins are REBL and EQL.
First of all you should check what exchange that accepts your coin. Monitor the value and it is up to you if you wanna sell that. For me airdrop coins are not that much in terms of quantity so i would rather hodl it for at least one year. Maybe by that time the value of that token will go up considering the bounty hunters have already dump their coins ahead of you. I usually trade on etherdelta because the coins are supported by that exchanger. The exchanger of the coin depends on where the developer place it, they are the one who will choose. It will be nice if you follow that exchanger they listed it. For the EQL token, based on what I have read will be listed on etherdelta and will give huge profit when you wait until it become listed. |
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The problem is the huge need for immediate satisfaction so I couldn't really HODL I guess and lost almost all of this.
This is the common mistake of traders, they forgot to make an exit plan or they may have an exit plan they didnt stick to to. Some have an exit plan but the goal is unrealistic. I agree that HODL is the key to this but theres a lot of temptation to Sell when the price is down or the price is up. Bottom line, don't be greedy, be realistic and stick to the plan. Yes.Once you start trading,set up your goals and know your limits first.You may meet some temptations along the road,but if you really want to succeed,stick to your plan.Most of the time our emotions are our best enemy so by avoiding greediness inside,we can avoid big losses too.Just learn how to be patient,and everything will fall down under your expectations. Limitations is depends on what we have plan. If we exceed on what is being plan, it will give a positive and negative result or will change how you take care of everything. You are the one who can control yourself and remember that you already meet your limit. You cannot lose a lot of money when you set any limit for yourself and if you get your goal do not stop but also do not be greedy. Do it smoothly and do not change your emotion. |
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I also don't know also whether the project is a scam or not. I've been scammed many times but I still don't know when the project is scam or not, trust of campaign maybe? Or just risk trying and trying
It is hard to find out and prove that the project is scam. What I have do is to read on the announcement thread of the project because some of the participants shared what they are being notice on the project team. Sometimes the project is not scam but many hacker attacks the project and hack on their ICO process which make the other participant to be active and watchful on the project. |
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Since their is no third-party related to bitcoin no one can trace your transactions but the user and the receiver only, therefore they cannot apply tax. However if we change our bitcoin to fiat money to spend, its the time tax comes in. Maybe in future if bitcoin can be legalized then government might implement tax for every use of it.
If you are honest enough, you can even declare it in your annual personal income tax. And as quoted above, only cryptos that converted to fiat must be subjected to tax. Paying transaction fees considered that you already pay tax. We just cannot see because it is indirect paying. The private offices who handle that transaction is responsible to pay for the whole tax of it. |
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Ethereum have to potential to grow and it can already prove's with his last year growth. After Bitcoin Ethereum is most preferable coin in this crypto market.
Ethereum is the second popular coin to bitcoin and most known to altcoin. Almost created altcoins are supported by ethereum exchange. It has potential to grow in the market because of that popularity. It is good to buy and hodl the coin like this. It is more growing and give more profit to those who invest before the year ended. |
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We can achieve all of our dreams if we are thinking positive. We should not do overthinking because it can lead us to think negative. We must stay calm and focus to what we are doing.
Work positively can produce a good result. Positive thinking can provide a happy life, you can find better solutions in every problem that being encounter in life. It will bring us to have a successful life because we can think calmly and wisely when making a decision. |
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For me, selling altcoin is not just because of confusion. because of the urgent needs and market prices that have started to rise.clear word "as long as profit sell".
We have waited for long to receive the reward and sell it into the market because there is something needs financial support but we make sure that the price is already profitable and also we make sure that only half of it is sold and the other half is being hold specially when the coin has ability to grow more in the market. Some altcoin is being sold early after analyzing that small number of investor will buy and the coin is not popular in the market and soon will lose its value. |
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We all know that there are a lot of bounty in the bounty section as we can see, but my question is how to choose good bounty campaign that we are able to earn money? Many people mention, that the only way to determine whether the bounty is profitable or not is by reading its white paper but may I ask to those expert here what is the other way to determine the profitable bounty?
To choose bounty you need to check their roadmap,white paper and website if it's a good project. Some of project it's not working because lack of communication to their participants. Check their social media if the feedback of people is good. Do a background check not only to the development of the project but also to it's developers team, check if they already had a successful project before. Communication is important because there are some announcement that has to be read for the participant to inform about the project. Bounty campaign it hard to find which is legit and give better reward. Be a researchable participant. |
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I am participating bounties and airdrops, joining airdrops and bounties needs time and effort but in the end if you get a good bounty your profit will erase all your stress working on it.
As a newbie here I dont experience joining ICO's I dont know whats behind that.
Joining ICO is like buying their coin during its development to collect some that can be invest and trade after the end of their ICO which has chances that the price will grow in the market. Joining ICO needs a capital unlike joining their bounty campaign where you have to support their project until the end of the ICO and receive a reward after that, you have to work for it in the entire period. Joining airdrop is sometimes not safe because some if it is just a scam unless you are sure that it is legit. All of it needs an understanding and make background check about the project to be sure that it will be going to success. |
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Too much money makes people too greedy, some of those are the owners of the company who only think of themselves without giving their employees proper compensation because they only want htier business to make profit. That's why there are so much people who are not happy with their work but need to work for their families needs.
Yes there are people who are like that. They dont even think of their employee, they are not grateful enough. If they dont have those people their company would be nothing. So better to start bitcoin and start a small business so that you are the boss of your own business. Money can change the character of a person but being wealthy is not only having a lot of money, it is how you take responsibility of your success to help other people to achieve their dreams and not to let them down. The through success cannot be seen with money or your wealth, it is how you treat other people, helping and giving them employment where having a salary that can support their living. You are the one who responsible to create work for them to be employed. |
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Yes, I always promote bitcoin to my friends, social media like facebook, twitter and instagram. I keep on telling them what benefits they can get and how to earn bitcoin in the forum like joining bounty campaign.
Social media is the powerful way to promote bitcoin but not all people are accessing into it. Most of people are just using YouTube and Facebook where not all are aware about the existence of bitcoin. Telling a friend, sharing them information's about bitcoin is good help to promote it for them to be interested in investing into it because of the benefits that we can get. |
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Hmm,Yeah I guess, without bitcoin it seems kinda boring. Well I can spend long hours with my laptop while earning in Bitcoin  Bitcoin is recently develop, where many of the bitcoiners were born before it has been created. Without bitcoin, we survived and we will live as how we live without an internet. Life will not be boring without bitcoin, we are surely outside our house and busy in working to earn money. We are busy to think how we can make money with more effort and feeling tired after eight or more hours from work. Boring are those people that has nothing to do when there is no bitcoin. |
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Yes its a serious discussion but the fact remains that if governments are able to stop internet then its easy to stop bitcoin.
I dont think that goverments will stop bitcoin, because bitcoin is not doing anything wrong and i know that in next few years all goverments in this world is we will support or trust bitcoin because bitcoin is can totally give a good future for a particular country. The reason will not ban bitcoin and will accept it if people do not use it for illegal transactions and criminality that cause for the government to take action. As long as we take bitcoin as investment and earning profit for our own good and help the government for the economic growth and development, they will not think to stop bitcoin. It is the people who make bitcoin exist and we the people will be the reason for it to be destroy. |
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I have read many posts of people saying they are sorry to have missed Bitcoin. But I wonder if they realise that there have been more than 20 trains out there that could have made them millionaires. They have managed to miss at least all these, some of them as recent as July last year. It is not that you missed Bitcoin, is that you (and I) just missed many many others  NXT 2013-09-28 +1084215% IOTA 2015-11-25 +418179% Neo 2015-10-01 +354482% Ethereum 2014-07-22 +265772% And the recent ones... Populous 2017-06-24 +12181% QTUM 2017-03-12 +10091% Be honest to yourself... you did have a chance! Many regret that they did not sell bitcoin when he was on top. I do not think that we need to be so nervous, the best time will come and whoever waits patiently will be rewarded for his patience. We are afraid for taking the risk to invest because of the thought that we could lose profit but there is no success if we could not try. We have nothing to do but regret every decision we made. We missed every coins that has ability to grow but we did not miss everything, we are here to be part of the growth, to start our own and never regret more. Sooner we will be able to achieve success with the new development. |
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