The word "HOLD" is like a trigger for investors to hold on to the Bitcoin they own as long as they can to reach the highest level ever achieved in the past. Investors who believe in Bitcoin's future potential motivate themselves with the word HOLD so they don't easily slip up when Bitcoin starts to flash a red light on the market. Those who have begun to believe in their attitude will continue to try to hold Bitcoin to avoid all deception and negative issues that are visible or hidden so that they can pass safely. Investors who are always alert and act according to plan will gain greater profits when Bitcoin enters a bullish phase.
HODL is loosely used though which is the problem, hodling should be long-term and people use the term for holding a bitcoin for a month, 6 months or a year when in reality long-term should be around 5 years onwards because that's how long-term investment is measured, my scaling isn't even that accurate as I considered 5 years as long-term, that's why HODL means hold on for dear life. Belief in the potential of bitcoin is something that should be a prerequisite when you plan to invest in bitcoin because without that belief, you aren't going to last long because bitcoin is a volatile asset to hold and you're going to have a hard time because those volatilities in the market is anxiety and panic inducing, if you can't handle those as a person then bitcoin isn't for you also worth adding is that belief in bitcoin that it's going to liberate us from the undermining and old financial system should go hand in hand with our belief that it's going to go up in terms of it's market value. |
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You are still a newbie so I will advise you to just buy bitcoin first, don't do any trading yet. Learn more about trading first in the Trading Discussion, you can read all the threads that you find interesting there and check the replies of different users on the thread, you can also post your own topic there that's related to trading but you have to be careful as some questions or topics are already created by other users so do some searching on the top right search bar on the topic that you want to talk about to see if there's an answer to your questions or a discussion has been done already about it. Also, you don't have to worry about earning with bitcoin as a newbie, bitcoin is an currency/investment so you can't exactly make money out of bitcoin besides selling it at a higher price than you've bought it. |
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Not everyone is as rich and opulent as you OP so don't say stuff that are so out of touch, that TX fee of $15 could be 2 days worth of meal for someone so calm down with stupid hot takes you know. Maybe those people don't really mind that the transaction isn't prioritized so they don't pay a lot, that's one of the logical reason why they don't want to pay the high fees. I want you to stand on this statement when the tx fees are starting to climb much higher than what it currently is, also you're probably just saying this because you don't do transactions on a daily basis unlike other people that are doing daily transactions, it's going to hurt them money wise.
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They don't really check all the time about the apps that will be put in their store. What you should do is to report it on the store that it is a scam app and maybe it will get removed. Well, if you know the app's developer then you should always check rather than downloading whatever you see when you search the name of the app you are going to install. It is not the only google play and other app store that has fake app but also website that looks professionally made and looks legit but the truth is that it is a scam website with a scam app.
That's just for Android app store, as far as I know Apple's app store is pretty strict on what apps they are going to allow in their store so not all apps are really bad, you just have to be on the right Operating System. Google App Store is pretty relax on their requirements to be approved and to be displayed in the app store, that's why this kind of stuff happens. You're correct about checking the developer, that's a big red flag if you can't see their face or they don't have a portfolio to back up their app development history, most of the time these developers have a lot of previous works if they are a legitimate developer and if they are an individual then you can probably find them in LinkedIn or GitHub. |
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I think one of the common mistakes people make during a bull run is that they make investments just because they are afraid of missing out. In these times, the media is super hyped about Bitcoin, crypto “experts” and analyst come up with some price prediction to trigger more people into buying. It’s becomes even worse when newbies buy random altcoins in hopes of making x10 their investment.
Most of the time, it's the beginners that fall for the FOMO (Fear of Missing Out), they feel they have to invest now because they might be too late and the price will only just go up at that time but then they end up buying during the time that the price of bitcoin or the crypto that they are buying is at the peak or they've invested at the time of the decline. The problem with the random altcoins is that they have a really good PR that try and sell it to newbies as the next bitcoin and so these newbies not knowing any better try their luck because it's much cheaper and they get a lot of altcoins for a their money comparing that to buying bitcoin, it's unlikely that they can even buy 1 bitcoin not to mention that a lot of shitcoinfluencer are shilling a lot of altcoins because they want more to get in because they've invested early on that shitcoin and they hope that there's a lot of suckers that will get in so they can get out in a profit. |
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I don't have any physical stuff that have come to me yet as most of my bitcoin are still not sold and hopefully that's going to be the case for a really long time because I feel like I deserve a really large profit for the time that I've been hodling bitcoin for now though I would say that thanks to bitcoin I have the financial knowledge and financial freedom that I currently relishing although I feel like I'm somehow taking it for granted too but this post has reminded me that I should spend my money wisely. I would say probably my job? I mean thanks to my job I have been working comfortably for years and years, and I would say that is the best thing that has ever happened to me.
I don't have a career yet although I hope I come to that point where I will be able to have that one too, I'm currently working a dead end job but with this job, the free time that I have is pretty useful for doing other stuff that I want to do like finding other ways to make money. |
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Talked to my wife. She tried to install a voice changer software yesterday from a link on twitter and it didn't install. This is a windows 11 PC. I see something new called WingFtpServer as a startup program. That has to be it. C'est la vie  Try to check first, hire an IT guy to do the checking to see if it's your wife downloading that software was the cause of all this I am sure that there's probably more to this or I am wrong and you already did your due diligence on checking all the possibilities, I guess it is what it is on this one. |
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Personally, I firmly believe that there are people who have achieved real success in gambling. What perplexes me is why many discourage gambling as a means of making money. Instead of outright saying no, they could guide gamblers with the right strategies on how to stay disciplined, enhance skills, minimize the risk of bankruptcy, and increase the chances of winning.
If you're someone who doesn't believe anyone can be profitable in gambling, you might as well consider yourself not welcome in this thread. I'm looking for people who maintain optimism about their chances in gambling so they can share valuable insights.
That's just your opinion about gambling it's not the truth. Experience will make you form your own opinion and it seems that your opinion based on your experience is that there's chance that you can profit from gambling or even make it as a means to make serious and steady money but experience also tells other people that it's also the opposite, that you can't do it because the odds and chances in the games are all in the favor of the house and there's more losers statistics wise in gambling than winners so with a little common sense, it can be inferred that you can't make a consistent money with gambling. Is your term for profitable only fitting with the players or does it include the whole gambling industry? If it's the latter then yes, gambling is a the most profitable industry out there because of how much money there is that many people lose in slots, roulettes, card games and more but if it's players I don't think so. |
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Let's not mix apples and oranges. I too am aware of governments listening, I was aware of Google/Apple etc spying using search history for example. But this is something new, it only appeared recently. I'm starting to suspect they're using some kind of AI (AdGPT?  ) to collect data (via mic and possibly camera), process it and deliver ads based on this data. The thing is that it's illegal and most people are clueless what's going on in their phones. That's what the NSA has been doing already and it's not really a certainty that the government and these companies aren't conspiring to collect the data, I mean it's not far fetch to think so right? That the government can have the share on the data collected and in exchange they will allow this as long as they are involved so there's no possibility that the other countries might do the spying on their people. Regarding the targeted ads, I can't vouch for the listening but most platforms have a code or algorithm written that will check the users visits in pages or interests or something like, make sure to not allow cookies when you are visiting a website because that's another way that they can track you and target you with the specific ads. |
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the sooner the better, after the age of 18 you should be productive enough to earn money, even if you're studying while work it's actually not a problem, we're smart enough to divide our time,
Having financial freedom at a young age really influences our lives in old age when we have a family,
This is the most optimal thing to happen but this isn't the rule and you don't have to worry about reaching it by this age or if you are way past that age, you don't have to beat yourself up about it as long as you are moving forward and you are improving in terms of finances, the age for financial will not be a limit or a standard to you maybe the advantage that someone will reach financial stability is probably that they have more time to enjoy doing other stuff that they love to do. Having a set age is sometimes discouraging which is why I don't like this idea that we are giving an age. |
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Of all the solution that they can think of, they will end up with NFT? That's probably the craziest thing that I've heard for a long time now and I don't think that the government will ever consider that possibility of using cryptocurrency for their bail out, they still have the people of their country to have them shoulder the burden and they've done it in 2008 recession so what's stopping them from doing the same thing all over again? Why save the people now from the economic problem now? Whatever you think what the great reset is, it's not what it is because it's not going to benefit many people I am sure of that.
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Is there a way that all of them are summarized into one index because they seem to be many to look out for and at the same time I am sure that these indices have some sort of similarity to actually help as an indicator to the progress of the economy. I got to say though that these indices are definitely strange but in terms of being strange, I believe that there's still no one that's goin to beat the Waffle House Index it's not an economic indicator per se as they are a measure for the devastation of an area where a said Waffle House Index but if you reach the last one in the scale, it can be technically an indicator of the economic activity.
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Making such forum thread means that you probably don't know how fractional reserve banking works. In fractional reserve banking most of the money exist in the balance sheets of the banks. It's perfectly normal to have 1.5 trillion euro in physical banknotes and coins and 10 trillion euro in total money supply(this is just a theoretical example). That doesn't mean that those money doesn't exist. There's no way 100% of the money(paper cash and coins) to exist in a physical form. I agree that increasing the money supply only brings higher inflation. Maybe the CBDCs(money that will have date of expiry) will help in increasing the money supply(in the short term) without causing high inflation. Fractional reserve banking's the reason why the value of fiat is just getting lower and lower because they are allowing this more and more, I don't know why banks keep getting away with that scheme, I guess that's a sign that they have to go and establish a new financial institution and why I don't trust banks and most of the money that I have there is around 20% for expenses that are mostly wants. Those banking people don't suffer from what they do with all this stuff, it's the hardworking people that shoulder the problem. |
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Insurance is really necessary for most of us, it's like saving money for emergencies and unexpected situations. But I agree with part of cryptoknight's comment, not everyone can afford to participate in those insurance programs. For developed countries, this is normal, but for developing and poor countries, it is very difficult for many people. Many households in my country have bought insurance for their children but they have not been able to maintain a regular budget and pay insurance on time. They breached their contracts with insurance companies and their money was not reimbursed by the insurance company. It can be said that if a family has the means, buying insurance is a good thing to do, but for families with economic difficulties, that is not possible. Insurance isn't "it's like saving money for emergencies" because it's the money for emergencies. Depends on what country you are from, most companies require that you have the government insurance to be able to apply for their company and those companies will shoulder the burden on paying your contribution that's why I didn't agree that not everyone can afford insurance maybe the private owned insurances sure but the government owned ones, I am sure that every citizen of a country should be able to afford that. The problem with the one that you are talking about is that they didn't plan how they will pay for it very well and that they probably don't have that big of an income to maintain the payment for that insurance. |
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I think yung normal bonds ay iyong about kaya ng mga working class gaya sa Retail Treasury Bonds na may minimum investment of Php 5,000 afaik. Yung bonds ay isang investment na ang umuutang ay mismong gobyerno na pantustos sa mga proyekto, kung Ikaw Ang magpapautang sa kanila tatawagin kang bondholder. Ang pag invest sa bonds ang pinakamainam na investment o mas safe investment especially if ayaw mo sa mga risky investments. Maliit nga lang pero kampante ka naman sa pera mo, yun nga lang inflation kalaban mo rito. Check mo ulit sa taas may link ako doon sa bonds.ph thread. Edit: Pwede pala makabili ng government bonds now sa PDAX as per my research at as low as 500 pesos pwede kanang mag start, likely 6% per annum ang interest kaya masasabing hindi na mababa kumpara sa mga interest sa bangko. Salamat sa info kabayan, medyo considering na din kasi ako ng iba pang uri ng investment, siguro kailangan ko nalang din magkonsulta sa isang FA tungkol sa bonds pero ilalapag ko na din yung mga tanong ko dito baka sakali masagot niyo na din. Isa sa mga tanong ko ay may paraan ba para makainvest sa bonds na hindi ko na kailangan na ako mismo yung magmanage yung parang may mga wealth management firms? Tinatamad kasi ako na maglakad ng mga papeles kung sakali na mayroon at sigurado ako na mayroon kasi government related na investment ito eh. |
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I agree, hindi nila agad malalaman ang IP address ng isang legit na hacker, for sure sobrang daming layers nyan na kailangan idecrypt bago makita at isa pa malaking exchange to at malaking pera yung nakuha nya meaning edukado itong taong to pagdating sa hacking at online activity. Yung sa $10 million white hat reward naman, hindi sya convincing para sakin if I were the hacker, maari kasing bait lang ito para mas mapagaralan nila or bigyan yung sarili nila ng time para malaman yung information ko. If I were the hacker, I'll start moving na kung san mang lupalop ng mundo, ang magiging problem na lang is hindi lahat ng nakuhang pera ay magiging pisikal na pera sa kanya, worth nothing kumpara sa kalayaan na kapalit nito.
Hindi lang naman sa IP address mo pwedeng malaman yung identity ng hackers, kaya nga mayroong computer forensics kasi may paraan sila para mahanap yung mga tao na kailangang hanapin sa Internet siyempre hindi naman lahat ay mahahanap ng mga computer forensics pero high level na yung skill mo kung kaya mo na mawala yung trace ng online footprint mo pero sa tingin mahirap gawin yun eh. Mali yung conception niyo tungkol sa VPN, hindi niya talaga naalis yung IP address mo at hindi totoo na safe ka sa mga hackers kapag naka-VPN ka. At hindi pwedeng maglayer ng VPN kabayan, sapat na yung isa lang. Yung plano mo, mahihirapan ka kasi sobrang dami na ng surveillance cameras sa paligid at karamihan ng mga pwede mong puntahan na lugar tulad ng airport, piers o di kaya bus station ay puno na ng CCTVs at kung kilala ka na nila, siguradong madali nalang yung hunt nila kasi siguradong pupunta ka sa mga kamag-anak mo. Kung ako yung hacker, siguro kunin ko nalang yung $10m na reward pero ang gagawin ko siguro ay private correspondence nalang kay Justin Sun para hindi na lumaki yung issue. |
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Maybe for some people it's hard, imagine it's already hard to meet their daily needs, let alone having to pay for insurance, and I see those who run the insurance business get a decent income from the customers they get.
for example, there are 100 thousand people who take insurance this month and they get a salary of a few percent of that, my question is, did those 100 thousand people experience a disaster during that month?
I said less than 1% of people experience disaster, so where does the money go, and how much money do they get after many years?
That's not how insurance works, you pay for it so you don't have to worry in case there's an emergency happening and you don't have the money to spend to help yourself at that time. It's not a waste of time but it definitely can look that way when you aren't experiencing bad things in your life, think of insurance as something that many disregard because they don't need it now but will regret not having it when the need comes to them. You have to be careful about picking the insurance though, you have to make sure that you aren't in one of those that will deny you in your time of need, most of the time, these kind of scummy insurance companies are private owned so be careful. |
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Fees are really high nowadays. Last block had a medium fee of 71 sat/vbyte, according to mempool.space ($10 fee for a 2 input, 2 output tx). Maybe tell them that you're ok with paying a higher fee and that you just want your coins (in case you are). This is what's most like to happen to you OP, hope that you have checked on the service and told them exactly what @TryNinja recommended and hopefully you also update us about the issue because a lot of people have replied already saying the same thing, that's the least that you can do and if you still have a problem then you'll have a higher chances of resolving it if you updated this thread. |
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I was almost surei had seen this similar discussion brought up by a troll at some point in the past but couldn't remember where exactly.
The only good takeaway from the constant trolling is that he now and again presents the opportunity for newer members who may be having the wrong perception.
But on a second thought, there should not be members here who are this misinformed about how Bitcoin works or how money works to think in the same way the OP does and possibly share their arguments.
That's not a problem in my opinion, if they share the same stupid sentiment then they are going to not be in this forum for long because no one will agree with them and they will always be slammed by other users that will inform them of what's right and some might even give them the facts straight up. Of course there shouldn't be any members that are like this but what can we do? It's not like we're allowed to remove those of differing opinion to us right? The only way that we can deal with this kind of situation is for us to either ignore them or challenge them on their opinions and see if they're able to hold their ground and try to prove that they're the right one. |
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I don't think it's going to come to that point in my lifetime, I am sure that there's a lot of people out that don't know how to use crypto or how to even use it as a payment so I don't think it's ever going to happen anything soon at least that's what I think will happen. Fiat is still a more appealing to more people even today for many people here in the forum so I still believe that crypto payment as a first choice for many people is going to be mainstream anytime soon.
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