Piracy is illegal just like overfishing by breaching maritime boundary and what led to piracy? It's the overfishing in huge vessels which is like robbing the poor fishermen illegally yet no one raise this as hot topic because the victims (Pirates) are from poor African nation wherein the preparator are white collar criminals.


Yes as government cannot monitor or patrol their sea boundary 24/7 that's where these illegal vessels enter their maritime and do the crime of robbing livelihood. First they should be punished.

I have a different view on this issue and I have seen more than dozen of documentaries about the pirates and what led them to piracy. The answer is simple it's the corrupt government who are not capable of defending their maritime, some rich nations who do overfishing in these horn of Africa region leaving literally noting and even killing even the smaller fish as they use huge ships and nets wherein they can easy catch an year's income of thousands of fishermen at one go.

If you destroy their livelihood they are going to come after you and these pirates are mostly fishermen who are forced to do this and no one questions the rich nations who breach the maritime boundary. Since the government in the mentioned nations are corrupt they don't intervene and overfishing happens here as long as government is bribed.

I can keep writing about it but I would like to conclude here by advising everyone to know both sides of story

This is heart warming to see a 9 year old is more passionate about Bitcoin and understand it's value and even openly preaching about it, thge takeaway from this to us would be when a 9 year old can do this we can also be more serious about Bitcoin as for me personally I should be doing more than just investing and trading because after going through this topic, I feel good that Bitcoin is been endorsed by future of our generation and at the same time I feel disgust that a kid who was born after I have made my first i9nvestment into Bitcoin has shown more interest in Bitcoin than myself. 

Yes I have similar views towards meme tokens but I don't agree when you say meme coins has anything to do with long hold, it would be a terrible mistake if one is hodling onto to meme then it's the biggest mistake one can make as it's like throwing away our hard earned money. Out of hundred meme coin hardly one will make comeback so I don't relate this to risk taking because it would be more of a blunder than risk taking.

It may flourish ony during bull run as people will be bothered only about profit and not about any logic or where it comes from, people are in for quick profit hence we may see the same scene again but it won't be exactly like what it used to be as many of these NFT related projects are dead.

I don't think there is any harm if our objective is only some quick profits and don't mind taking risk. But it would be a big no form long te and won't make any sense at all to hodl these.

Ther is only option left which is suggested by mikewywith if your wallet uses Bitcoin Improvement proposal 39 then give a try for all of them and guess you will be able to get the last word before you end the list of words. Just in case if this wallet doesn't use BIP39 word list then it would be a challenge and only thing is try your best to guess the last word. I know it's not easy since I have similar experience with blockchain wallet where I missed entire seed.

There are two things which cannot be ignored nor skipped. The first one is Bitcoin bull season wherein Bitcoin definitely go bonkers atleast once in every 4 years post halving and we have bear market and sometimes market is sideways between two bull runs. We should be using bear market to accumulate and bull run to sell. Some will say hodl for long but there was a time when Bitcoin was much more lesser and this rule applies only to them now you cannot enter market during peak and hodl because it would take years if it starts falling apart.

My strategy would be enter during bear market and then hodl till bull run to sell off.

You need to understand couple of things, first of all Bitcoin was created as a P2P transfer without involvement of any third party and it was never intended to compete with fit and Bitcoin was also not launched as an investment scheme which newbie and even old users failed to understand and in their mind they just think Bitcoin as an investment medium or get rich quick ponzi and I think you are one of them since you have mentioned things like taking over economy and all.

Altcoin though they follow the foot steps of Bitcoin but they have different purposes apart from being an P2P transfer medium.

This may work for very few coins but not for all as it's very risky because not only you but most of the users thinks that if they hodl low cap coins they have greater chances of getting crazy profits during bull run but it's a myth. What you have mentioned on the lines of selling the coins when it gives you profit and buying it again when price drops that's a trap and I am 100% sure you have not done that because once price drops for these low cap coins it never crosses previous ATH and only one out of blue moon it happens for a very brief period of time.

Hodling during the bear market is the most difficult thing and those who are prepared and does hodl on during bear market are real winners. But it doesn't mean that you can take entry anytime and I know people are heaping praise for solana but people who would have bought Solana in November 2021 at the ATH value of $259 and still hodling they will have just 1/4th of the capital amount in their wallet right now. Indeed we shouldn't panic sell but we shouldn't but due to FOMO as it casue more damage than panic sell.

He needs to set his priorities right and needs a disciplined life, but it's bit difficult to make a person change their habit when they are so used to it and not learning from mistakes. The only way is to set up some financial plans wherein he has to route a percentage of his income towards investment and savings like monthly SIP and RD which he should be remained everytime.

I think with this $5k he can do a lot of things to have a passive income but will not be enough to run his family with passive income. He could stake this into crypto (Bitcoin) for longer period of time so that his asset is safe and he cannot blow it off like he does with money even if he changes his mind and when the staking period is over he will have asset, interest and also more return on investment if crypto market performs well which is most likely going to happen in 2024. Especially Bitcoin.

True, It's bit different this time as I have come across so many people who have already accumulated good amount of Bitcoin to get benefitted by the post halving bull run and some of us including myself are already more than 100% returns on our capital compared to where we were earlier and as market gets more wise there is an expectation that people will not react the same way they did in the past for fluctuations we may see before the bullrun.

Basically your point of view on this suggests that the growth we have seen in last one month or so is organic apart from the push we got due to Bitcoin spot ETF since we didn't have halving before this pump unlike 2017 and yes I am aligned that there won't be much of a correction. But rather we are going through accumulation phase and people should have already accumulated Bitcoin if they haven't they are already left behind (not trying to create FOMO but the fact).

As far a my understanding goes any coin listed on Binance are better than other newly launched coins and it will surely go long term. But we need to consider this is bull run and even shot coins can perform well. I think we can give a try during bullrun and test it out during the correction phase. Even though I have mentioned that the coins listed on Binance are better than others and can go longer run but if we look at the darker side I mean those coins which has been delisted by Binance for example Nebilo, etc you will see they just liquidated millions of dollars of investors so it would be better to focus more on what the project has to offer instead of just exchange or ecosystem ots build in.

I appreciate your time and effort educating the community on this dusting attack. there are various other techniques which is used by scammers but as you mentioned we shouldn't touch or be bothered to do anything with the tokens which reflects in our wallet which doesn't belong to us and never ever click on any suspicious link or don't connect your wallet with any other sites where you are redirected. 

Nothing comes free in this world hence anyone claiming to offer you anything for free is a possible scam. I would blame victims rather than the scammers here for believing that they can warn money without any effort.

Politician has no0thing to do with crypto or Bitcoin and they can even accept donation in terms of barter system as well. All they care is money and to stay rich so it doesn't matter to them form where the money comes from and they know that Bitcoin can give them profit if they hodl it and thus it's a win-win situation for them.

We cannot consider this as a positive sign because almost everyone, let it be p*** site or any NGO or any random YouTuber/Content creator they all accept Bitcoin.

True, we see this every now and then wherein Altcoins will be on rally and people tend to be more greedy that they forget to apply stop loses or just thinks that it won't collapse in a moment but it does happens and I remember making similar mistake with a token named CHZ which pumped multi fold and I got greedy and didn't withdraw or convert it BTC or USDT and though I had stop loss applied by the time it can kick in the coin fell by leaps and bounces and left me with around half the amount of capital which I had started.

This sounds good but not possible unless there are privatization and just to give you example the gas and electricity prices in UK which is a classic example of capitalism. We can never trust private players as government cannot control them or their prices and wages are something which government can set laws around this.

Government can cannot control price of private player in terms of any products like consumables and ration but it can start it's own food manufacturing units and provide them at subsidized or reasonable rates like it used to happen in some of the middles east nations but with certain norms to avoid making their citizens lazier.

Just a drop of 4% and we have already seen fuds which is nothing new for us and moreover we might see similar fluctuations more often before the halving and more newbies or naive investors selling off which might have very little impact as it might change the market equilibrium between supply and demand. Indeed patience is the most important aspect of we have to survive in crypto world and so many losers end up as losers because of their impatience which let's to buying due to FOMO and selling off due to Fuds.

But honestly this has been the period of the year for Bitcoin and some other altcoins a well and this would definitely pool in more investors and they should understand how crypto works else end up making same mistake of going by emotions.

Hey we need to consider on simple thing that without any volatility there cannot be any profit and if someone wants to earn profit without volatility they need to get into traditional investments like real gold but gold's slow growth rate cannot beat inflation and one will still be behind when it comes to finances and Bitcoin has its own pros and cons like we cannot retract a wrong transaction a these are human errors and I would say Bitcoin may be volatile for non crypto users but for someone familiar to Crypto knows that it's the most reliable asset one can have.

The only real disadvantage I feel is the exorbitant transaction fees which we see during network congestion or bull run it's something which creates hurdle when we want to make some transaction on urgent basis and you realise transaction fees are more or equal to the value you wanna transfer.