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1341  Economy / Services / Re: [OPEN] Duelbits.com | Signature Campaign ~ Full Members+ | Up to $70/Week on: May 31, 2023, 01:13:47 PM
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=3534475
Current amount of posts:  (including this one): 142
EARNED merit in the last 120 days: 199
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1342  Local / Nigeria (Naija) / Re: My experience, a lesson to others. on: May 31, 2023, 11:28:53 AM
My people, the day wey I notice say this forum pass bounty matter , that day I just dey curious to know more about other boards, na so I just see 'new post' under one particular board like that. Na so hit the button , e carry me go where I go write. Hmmm. I begin write ooo, later I con post am.

After I post am, body they shark me . After small time people they throw away reply give me, body con dey shark me more, the sharking make me reason am say, I dey see people they reply others for their post. So I decide to hit the quote button , boom na ihm be that.

As I know how to reply people, I start to deu reply every single person wey reply for my post.

The shock I later recieved be say when I later logins I recieve message say my quote dey deleted cause some of my quote(reply) just be like, "that's good, thanks, absolutely right". Na den I con realize say unnecessary posting is not needed. I go back to the rule to know what is needed. I go thank lovesfamily for in support as inh take plead for me for some of post wey get mistake as some people dey throw way Banga for me.

Now I don learn my lesson
Na why dem de always advise say make we read the rules first before we do anything here. I think say you de lucky say you no go mistakenly commit offense. Sometimes we learn through taking risk sha but pls lets all be careful, there is nothing bad in asking questions when you need answers.
This forum large and a lot de happen inside this forum, na just when you de enter inside different sections you go find out say almost everything wey de run for this world dey happen here too. This forum pass just bounty and e get plenty opportunities wey de here.
1343  Economy / Gambling discussion / Re: UEFA Champions League 2022/23 Season on: May 31, 2023, 05:40:37 AM
~

I agree with you if Manchester City scores the first goal and tries to take control of the game Inter Milan will not be able to do anything because, unlike Manchester City, Inter Milan can't have strong attacks and play safe to save the ball that's why I think at the moment when Macnshter City scored the first goal they are going to win the game.
Well its true manchester city looks like the better side and if this match was not a final I could easily vouch for them that it will be an easy win for them. Inter milan can’t be underrated at this stage, they are also a very strong side and they will want to put up a good fight to challenge for this cup as well. They are cery defensive side that Manchester city should never allow them to score first else they will all just sit back and defend their goal.


If Inter Milan were able to beat Barcelona at their golden era, they can repeat it when playing against Manchester City in the final match. Manchester City and Barcelona have golden teams, dominating their domestic leagues but Manchester City can be considered weaker than Barcelona as they don't dominate Champions League like Barcelona.


I think this probability is very very low.
There was only one team that could beat Manchester City and they were eliminated. (Real Madrid)
Manchester City's squad is very, very good and you see the game they are playing. Did you watch the second game and could you see Real Madrid?
I can't imagine what could happen for Inter Milan.

Manchester City will definitely win the champions league in Istanbul.

This is a football game you shouldn’t be so sure what will happen, i can say manchester city are the better side to win but it doesn’t mean inter can not win as well. I know guardiola will definitely like to win win his first champions league trophy with man city knowing that he is playing a less weaker opponent this time around compared to other teams he has faced in previous finals so I believe this is enough reason for him to be ruthless. If he wants to win his defense will have to be at their best and try not to concede goals.
1344  Other / Beginners & Help / Re: More Clarification on mining on: May 28, 2023, 10:25:59 AM
I've done some reading on mining and how it operates, but there are still some concepts that are beyond me; therefore, I need some clarifications.
 
My main concern is with mining, specifically with how long it takes to mine a block and why we use mining.
 
- What does the term "difficulty" in mining mean, and why is there difficulty in mining?

To avoid overcrowding the forum with repetitive posts, attempt to carefully study before posting any questions to locate questions that are similar to yours and potential answers.

You can find the answers to your question
https://bitcointalk.org/index.php?topic=5447369.msg62026606#msg62026606

For better understanding you can read more on difficulty https://en.bitcoin.it/wiki/Difficulty


My main concern is with mining, specifically with how long it takes to mine a block

It takes about 10 minutes to mine a block
1345  Other / Beginners & Help / Re: Which is the best investment nowadays anyone guide me on: May 20, 2023, 10:46:00 PM
You can actually give a try to the bounty section, where you can see a few bounties that you can participate in.
Bounties are just a waste of time and resources nowadays so if i were you i wouldn’t waste my energy on them but if you are so desperate to make money you can try them out. Just know their payments are not guaranteed and most of the payment are paid in shit coins that will end up not being listed on exchanges or probably die off along the road, for some projects, payment are not even being paid to hunters as a result of the project team running away with funds after hunters have suffered to work. Sometimes after working for weeks or months you end up being paid as low as 5-10$. I’m not trying to discourage you but just trying to let you know bounties are not worth it.

Hi, I start learning cryptocurrency nowadays everywhere in the field of life like the technology boom has come and also in crypto filed but everyone asks in tiktok join group in some fees for signals. I want to start learning and earning anyone guides on how to do it without any investment and how to start earning from Bitcointalk?
what is the best way to learn from a YouTube channel or Group for free please mentioned the names helping to start earning.
Becoming successful in the crypto sector truly requires a lot of learning and preparation because it's not a place where you can make money as easily as you may think. Everyone who makes money with cryptocurrency did so by first learning about it and becoming extremely knowledgeable about it.

If you are truly willing to learn, forum members will strive to give you whatever you need to start your adventure. You can learn your trading signals and tactics for free on the forum by reading helpful threads; you won't need to join any groups or pay for any signals.
I'm not sure how you intend to make money without investing because you'll need money to start either trading or purchasing and holding your coins.

When you reach a specific rank, you can join signature campaigns. You can also take part in giveaways and contests to win rewards on the forum.
1346  Other / Beginners & Help / Re: Need guides from the community? on: May 20, 2023, 01:35:22 PM
I am new on this forum it's just second day as I was looking for some help and found this forum which give me good guides and my problem solves in minutes as I was frustrated for the days so just because of this now looking for better ideas for the future.

You are fortunate to have stumbled upon this topic because it has a wealth of information that can teach you a lot about bitcoin. But the forum has some rules governing it and you must abide by them so before thinking of any other thing I advise you get familiar with the rules. On different boards there are pinned threads where the rules are stated.

I have some experience of crypto trading as I am doing this on few exchanges for three years with my limited budget which is in green because I am doing this all with just Bitcoin, Litecoin and Ethereum.

With your little experience you will find it easy to interact here and you will easily understand what people are discussing here. Trading isn’t that easy but with your experience I’m sure you must be knowledgeable to some extent. It doesn’t necessarily matter how much you invest in it, all that matters is that you know what you are doing and that you don’t invest the money you need later into trading. You can learn alot about trading on this forum which can make you grow into a successful trader.


Furthermore, I have part-time jobbed and can lose this any time just because of this now looking for full time is this OK or no?

I am 31 years old with no technical education and have experience of accounting as this is my job so can be successful in this or no.
Please give your ideas and views, hopefully someone will work for me and I will be able to have better things in life.

As a full-time employment, bitcoin trading is not ideal and can be quite risky. it is not completely secure, despite what you may believe about your current earnings. Since cryptocurrency trading is extremely risky and uncertain, it is advised to have a stable paying job that can meet your demands. You never know when you will make a profit or when you will lose money that’s why it can’t be only source of income.

Read carefully, pay attention, and ask questions when you need clarification, forum users will always be happy to assist you in learning the technical aspects of bitcoin.
1347  Economy / Exchanges / Re: Effects of Binance Changing Wallet Addresses on: May 20, 2023, 02:03:13 AM
There shouldn't be any course for alarm nd I've also raised a similar topic in the past week and I don't think there will any harm if coin is sent to the old address but I also think that binance should simply just do an automatic change in the address without having to keep the minds of its customers restless.

I also think based on the responses I got on my thread that there might still be an option for one to transfer their funds from the previous address to the new one just incase the need be.
I sincerely hope it has no adverse effects or results in anyone losing money. I was astonished to see that my address will soon expire and I also questioned whether one could access coins sent to an expired address. I believe Binance will automatically offer a new address when the current one expires, and the notification will only serve to inform customers of the address change. I have no doubt that Binance would have thought of ways to prevent any potential outcomes that would have caused their consumers to lose money while an upgrade is ongoing and would not have wanted to harm customers in any way.


If you've been on Binance over the years, you could
Probably discover that in simple terms it is the most secured
Well coordinated and organized centralized exchange globally,

The recent announcement of wallet addresses going to expiration,
Has got me wondering, What effects, positive or negative will this have on Binance platform as well as the crypto investors and traders
On the platform, As for me I found it strange, that an address is expiring. What are your takes on this.
Similar topics have been discussed before, and if you review past discussions, you may find some valuable insights. It seems that someone has already provided you with a link to a previous discussion. I think there's no need to worry because Binance is a reliable exchange and would not want its clients to experience any financial loss.
1348  Bitcoin / Bitcoin Discussion / Re: How I convinced my stubborn neighbour working for a central bank to adopt Bitcoi on: May 20, 2023, 01:20:59 AM

He was like, no no no, something that will just disappear from the radar.

This is a common opinion concerning bitcoin. prior to becoming enlightened, I had the same thought as well. Nowadays, people just make assumptions without ever checking to see if they are accurate.


I couldn't believe it!!! Can you imagine like a play, I was able to convince a whole CBN man to do 1BTC? But I hope he doesn't change his mind. Even if he does, I'm proud to have stood for Bitcoin in such a situation.

You did well, and I am impressed by how you pushed for bitcoin and were able to raise someone's understanding of it. It's awful how some individuals immediately assume that bitcoin can only be used for illicit purposes based on what they have heard, and some even think that it's a Ponzi scheme.


. I say this because you should not let the position occupied by some people make you feel that they cannot be convinced about bitcoins, if you try and it does not work, that is different from just concluding that because of their position they cannot be convinced, that is a wrong assumption.

Nicely put, individuals frequently become frightened by others' position and make unjustifiable conclusions as a result. No matter where they work or what position they have, if you can communicate with them, you can convince them as well. It's comparable to how you might fall for a woman who is completely out of your league and eventually win her heart.
1349  Economy / Trading Discussion / Re: The biggest No while trading on: May 19, 2023, 03:36:57 PM
Trading will be more favorable too you when you have a system/strategy that works for you, but no matter how perfect you feel your system/strategy is,

Don't ever trade under pressure. pressure to pay off a debt,
pressure to pay your rent/ Bill's.

It has always been suggested to have a trading plan that you stick to and a strategy that works for you. Trading involves specialized knowledge, therefore you cannot just go into it without any background in it.
This doesn't just apply to trading; in life, we should avoid acting under duress because it's terrible form and will cost you all you were hoping to gain. Trading cryptocurrencies is not a place where you can just show up whenever you want and take money because you have a debt to pay off. The majority of the time, trading under pressure will result in you losing money.


under pressure [/b] because no matter how you do, that pressure will make you do the following,

- over trading: once you start over trading while under pressure,  your decision making will be very poor.

- less control over your emotions: it is near impossible to control your emotions while under pressure, like rent an debt.

- poor risk management: your risk management will not be put to good use because you are desperate, you want to meet up and that will be when time will be working against you, so please fellow traders stop trading under pressure,
    I don't know if anyone have more to add?

Trading under pressure unquestionably has additional drawbacks than those already highlighted by the OP. You'll start trading more only to accomplish your urgent objective. Just like the OP indicated, it frequently results in excessive trading, poor risk management, and poor emotional control.

Additionally, trading under pressure frequently results in the complete loss of assets due to greed.
1350  Other / Meta / Re: [LOG] The ranked up members - Congratulations! on: May 12, 2023, 08:40:29 AM
ajiz138, [...] Becassine [...] have ranked up to Hero Member.

iwantmyhomepaidwithbtc2 [...] became Sr. Members.

sokani, [...] Nheer, [...] [...] Learn Bitcoin, Stable090 [...] have been promoted to Full Member.

I recognize these names and I interacted pretty much with these users. I am more than happy to see them mentioned and also for contributing with a little to their promotion! May you act wisely under your new ranks, dear ajiz138, Becassine, iwantmyhomepaidwithbtc2 (his name always intrigued me; especially the "2" from the end ), sokani, Nheer, Learn Bitcoin and Stable090!

And big congrats to all other users which ranked up!
I value the good sentiments and everyone on the forum who has assisted me in some manner in moving up the rankings. It is nice to see my name stated here and to know that Gazetabitcoin, a legendary rank member, is recognizing me. You and our interactions have taught me a lot about bitcoin that I didn't know. Regards, and keep up the fantastic work, gazetabitcoin.
1351  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: May 03, 2023, 05:04:59 PM
Arsenal managed to pick up an important victory with a promising score, the victory over Chelsea not only managed to add three points but Arsenal managed to keep the chance to win the EPL trophy. The victory that was just won brought Arsenal back to the top of the standings with 78 points from 34 games, but Arsenal's position can still be taken over by Manchester City, who have just completed 32 games.
Arsenal return to the top of the standings is a threat to Manchester City, if Pep Guardiola troops are unable to take advantage of the remaining two games with a win, then Arsenal will be firmly in first place.


Winning the league would surely be difficult for arsenal, they have dropped quite a number of points when they could have picked all three points and now that Manchester city have closed in on them, I think manchester city will be even more serious than ever. They would not want to play with their chances of winning the league again. All Arsenal can do now is pray so man city can drop point in their upcoming matches.
1352  Economy / Trading Discussion / Re: Trading or investment! What's your take? on: May 01, 2023, 08:23:56 AM
Trading calls for thorough comprehension, extensive research, and the acquisition of certain skills, but investing may not necessitate such expertise. The best course of action when investing in bitcoin is to purchase and hold for as long as you like. Longer-term holding typically yields more profits.
The only difficulty you might run into in investing is when you wish to invest in alternative coins. This is because there are so many alternative coins being created, and many of them are being created to defraud people. Therefore, one must exercise extreme caution when selecting an alternative to invest in to avoid becoming a victim of fraud.

When you truly understand what you are doing, trading might be more successful and wouldn't require as much time as investing.
1353  Other / Beginners & Help / Re: Bitcoin and Gambling on: April 25, 2023, 01:18:17 PM
--Use money that you can afford to lose: This applies to both. If one wants to invest in bitcoin, you will be advised to use the money that is not made for other important needs to buy bitcoin. So that going into long term investment can generate you with a good profit. One the other hand if you use the money for your important needs to purchase bitcoin,when the time comes for you to be in need of the money, you will end up selling your bitcoin even though that the price is below what you bought it. You might still end up selling your bitcoin due to panic and this will lead you to lost.
 This goes with gambling, if you don't use the money that you can afford to lose,you have paralyzed the fun in gambling,because if you are losing, you might keep on chasing your lost and this will lead to to losing all that you have on you. luck.
Do you mean bitcoin investment?

I'm not sure how you see it, but in my opinion, Bitcoin and gambling are very different from one another. I don't get how bitcoin can be compared to gambling as it can also be used to make online purchases of items. It should be regarded as a thing of value that can be used in place of fiat money, but with the distinction that its value may change as a result of various factors. Instead of keeping bitcoin to try to increase its value, we should start using it as a payment option.

For the majority of compulsive gamblers, gaming is the primary use of their money, and even winnings are still spent for gambling, thus I fail to see why they continue to engage in the activity when ultimately all of their money is lost. Bitcoin makes a difference in this.

--Having the knowledge of it : Anyone that wants to invest in bitcoin needs to have the proper knowledge of it. This will enable you to monitor your investment and to be patient with it,until when the bull market arrives,you can sell if you are okay with the profit that has accumulated. You indeed need the knowledge to know how to secure you bitcoin and the type of wallet,in order to safe guard your investment from scammers and being victim to centralized exchanges.
  Likewise gambling, if you don't have the knowledge of the game that you want to stake on,you will end up losing every time that you play. This is because you lack the skill and strategy you need to win the game. For example poker,you will only win on your lucky day,since gambling sometimes is based on luck.
Everything in life requires knowledge, including gambling and bitcoin. However, with gambling, one might be aware of a team's strength and still lose a bet on them. In my perspective, gambling is pure luck, therefore all of your knowledge and preparation may be for naught. which is not the same when investing in bitcoin.
1354  Bitcoin / Bitcoin Discussion / Re: Is $30 dollars worth starting bitcoin? on: April 25, 2023, 05:49:00 AM
Someone ask me a question after introducing bitcoin to him, if he can start up with $30 and grow with it but I told him bitcoin is wide and high in volume, price and market, that's means whatever you're starting with determine the outcome of the market like for example; if you start with $30 and eventually the market goes up to a little increase of $32 can not be compared with someone who started same time with you, at the rate $100.

We have seen cases where people start with little investment and were able to make good profits from it, so its not dependent on the amount you start with but the most important thing is you are in possession of bitcoin (the future). There is popular saying that goes “Don’t invest what you can’t afford to loose”. A starter might not want to invest big from the beginning but as time goes on and as his knowledge about bitcoin widens he would want to invest more and the best part is he can always invest more and more anytime he feels the need and gradually his investment will grow. DCA is ideal for folks who are hesitant to make large investments at once.

The amount you begin investing impacts both the percentage of profit you make when the market is rising as well as the percentage of your loss when the market is falling.


What do you think about my advised to him?
I suggest you just let him invest an amount the seems right for him so he won’t end up thinking about his investment and always checking charts of bitcoin price. He can always start small and after some time he can keep topping up his investment.
1355  Local / Nigeria (Naija) / Re: Info-thread: Translation of Useful English topics to Naija languages, pidgin etc on: April 23, 2023, 05:42:58 PM
Translated Topic in Pidgin Language: The Oppression wey governs' dey show bitcoiners fit turn against dem
Original Topic: Governs' Oppression of bitcoiners may turn against them
Author: GazetaBitcoin




Governs don de oppress bitcoiners for more than a decade now. As dem take sabi say bitcoiners de earn real moni from deir crypto transactions, governs all over d world con begin de extort bitcoiners, for carrying d moni wey dis piple don earn on deir own without d state helping dem in any way. piple de work, dem de pay dem for deir work, but d state de want him own share.

Oppression begin de grow bigger and bigger as time passed. As dem don sabi how dem go take force piple to pay, governs for d whole world con create laws wey no de exist before, dem con de try centralize wetin suppose de decentralized. And piple, wey de greedy, con de help d state extort dem even more.

Prometheus bin give piple fire, make dem use am warm up deir homes and make dem use am prepare food, but piple use am burn deir neighbors’ houses. Similarly, Satoshi bin give piple bitcoin free of charge, make e help dem get rid of d slavery wey governs and banks impose on dem, make e perform peer-to-peer transactions, make any third party no put hand, but piple, because of greed go de create centralized crypto exchanges.

Some opportunist believe say dem fit become rich if dem operate this kind exchange. One of dem na im be Charlse shrem (yankee (BitInstant)). A young enthusiast, wey adopt bitcoin wen him bin de college. Later him con launch BitInstant, one of d first crypto exchanges and wey, at some point, bin de tun about 30% of all bitcoin transactions. Later na for cell him con end up, say him de aid and abet operations of money transmitting business wey no get license. Him still get another name “Bitcoins first felon”.

Since Shrem’s case, governs con begin de even more strict on bitcoiners. A 2018 article tell us say d “the so-called “Bitcoin Maven, wey bin admit say him de operate an unlicensed bitcoin-for-cash exchange business and laundering bitcoin […] dem bin sentence am today to 12 months and one day in federal prison, three years of supervised release and a fine of $20,000”.



Crypto exchanges bin soar and so did deir users, and dem no understand say dem de act against bitcoin’s principles: peer-to-peer / anonymity / pseudonymity / getting rid of middle man. New laws bin come too together with crypto exchanges, and dem force exchanges say make dem impose KYC on deir customers.

Piples greed na im lead dem to:

- risk deir moni wey dey exchange, as no be for deir hand deir private keys dey
- risk deir moni, as dem bin hack many exchanges
- risk deir personal information, as dem bin hack many exchanges and hackers bin use customers’ personal information, or dem bin even sell am for dark web (wey lead to even more risk for dis piple, as you no go know wen criminals go come your door and robs you after dem don buy all your personal information for $1 for dark web)
- risk deir moni, as many exchanges just simply freeze deir account
- risk deir moni, as many banks just freeze deir account after dem find out say d moni come from crypto transactions
- risk deir moni and also deir freedom in case dem no obey d new laws issued by d govern.

Yet, na only few learn deir lesson. Perhaps d ones wey dey wise and d ones wey live at least one of d situations wey dem mention above.

And, as time de go, “Crypto laws” bin become more harsh and more complex. For many cases, e bin de more ridiculous or to raise more questions wey nobody answer.

In Romania, for example, dem bin issue first crypto law for 2019 but, until den, you bin de face d risk wey dem fit accuse you of tax evasion, or say you get criminal record or jail term sef for not declaring d fiat moni wey you get from crypto transactions, although dem no get any legal framework. Accountants bin no sabi how dem go take declare these incomes of deir customers and authorities bin no sabi how dem go answer piples questions. After dem issue d law, in early 2019, bitcoiners con de pay a 10% tax for d profit dem bin make in the previous year. And if deir profit plenty pass 12 minimum wages, dem still suppose pay 10% of d amount of 12 minimum wages. Dem bin give health system d secondary tax. Piple wey na losses dem get for d previous year no suppose pay anything.

Still, d law no de clear. Wetin miner suppose do? If he make profit in d previous year but d hardware equipment wey him buy still far for him to pay back, shey na profit d miner de get abi loss? And wetin go happen to miners wey no get any more bills / invoices of deir hardware equipment? Nobody knows.

For future, new taxes fit come. More complex, more ridiculous.

In any case, dem no conceive bitcoin for anything like dat dem no create am say make e de give piple more troubles nor make carry dem go jail incase dem no give d states deir own share, share wey state no contribute anything. Everything just de d reverse way dan e suppose dey.

Instead wey we go render governs and banks say dem de irrelevant, instead wey you go comot middle man for d equation, na piples action na im enforce dis entities. And now, dis entities de fight back, dem de oppress piple even more. All exchanges de collect users' data con de prepare am keep for d authorities. Bitcoiners go smiling at crypto exchanges -- nobody knows why -- and dem de offer am for free and at deir own will deir moni and personal information. To make sure say dem go turn slaves again, users' de also associate deir accounts from exchanges to bank accounts, thus e de allow banks too to freeze deir funds at will and also give deir data to authorities.

Then many de see money from deir crypto activities and, dem no sabi d very complex laws, dem con turn sitting ducks for front of authorities.



However, i believe say e go get limit wey all things go end. All dis incorrect uses of bitcoin, all govern and bank extortion, all d abuses of crypto exchanges.

And dem go reach dis limit when enough piple go suffer from deir greed, from deir naïveté, from deir stupidity. When enough of dem go get criminal records and when enough of dem go get jail term wey dem go serve.  Na only sufferness wey strong go fit open piple eyes.

And wen dis thing go happen, bitcoiners go don finally  stop de use exchanges. Dem go stop de put deir fiat incomes wey dem get for crypto activities inside deir bank accounts. Some sef go de avoid to use fiat money. If all dis things go happen den individuals go begin de use bitcoin d way Satoshi bin create am: for deir own benefits, for rendering governs and banks irrelevant, for eliminating middle man, for anonymizing their financial deals, for being deir own bankers, for owning deir private keys instead wey dem go allow exchanges have dem.

And when dis go happen, all d previous oppression wey governs bin de impose go turn against dem. Dem no go fit catch any victim again as deir first victims don sabi how dem go take protect themselves and how dem go use bitcoin properly. when these go happen, d prey go turn hunter.

I no sabi how much time wey go pass wey dis thing go turn real. But i get feeling say, sooner or later, piple go realize say dem don suffer enough and dem go say: "Enough". And dem go open deir eyes and dem go understand how dem go use bitcoin. No be for states benefits, but deir own benefits.
1356  Other / Beginners & Help / Re: Having bitcoin gives confidence on: April 23, 2023, 12:50:42 PM
Since bitcoin was the first cryptocurrency, it is always mentioned first whenever we discuss cryptocurrencies, and some even use the term bitcoin to refer to cryptocurrency. The fact that bitcoin completely dominates the cryptocurrency market demonstrates its superiority over all other coins. Despite being the safest coin to invest in, depending on the market, it occasionally doesn't give those who don't intend to hold for a longer period of time peace of mind. These people constantly monitor the market price, and when it keeps falling, they get frustrated and some even start to doubt that it will ever rise again. Bitcoin is without a doubt the safest, most dependable, and most rewarding when you hold over a long period of time.
1357  Other / Beginners & Help / Re: Help me in choosing wallet before I make mistake on: April 23, 2023, 12:25:17 AM
Scam is everywhere, I fear for my money. They say the person who ask for help does not make a mistake. I want to own my first Bitcoin next week when my monthly salary is paid but afraid of jumping on any wallet to avoid losing my money.


This is really considerate of you, and asking your question here is the best course of action when you have questions on a topic involving bitcoin or other cryptocurrencies. Due to their lack of experience, beginners are constantly exposed to scams and are more likely to fall prey to them. One can quickly lose their assets if wallets are handled improperly, therefore you must be very careful. You must use caution when handling wellets even after selecting one. Before making a bitcoin purchase, you must read all wellet handling instructions.



The popular choices I know and hear from people are Binance, Blockchain and Freewallet. Which one should I choose? I am just starting my bitcoin owning journey and it will be kind of the senior guys to show the way.

You can suggest better ones if there are any.
Binance is not an ideal place to store your bitcoin, it's an exchange where buy sell bitcoin and also trade your bitcoin into other coins. Your wallets private key is what gives you access to your coins and whosoever have access to your private key can access you coins, and with binance your private key is not in your possession so you don't have total control over your assets. We have heard of how exchanges were hacked and how some exchange owners have scammed their customers and run away with customers assets. Always remember "Not your keys not your coins".

I'll recommend you go through this post and select a convenient wallet of your choice [General] Bitcoin wallet - Which, What and Why?


I wish you well in your crypto journey.
1358  Bitcoin / Development & Technical Discussion / Re: I need recommendation on: April 20, 2023, 10:15:11 AM
The following website and book are suggested as a starting point:
https://github.com/bitcoinbook/bitcoinbook
https://learnmeabitcoin.com/

If you have a specific query, you might be able to find answers on this forum or at https://bitcoin.stackexchange.com just as other members have shared above.

You can also conduct a search on this forum using https://ninjastic.space/search, which is superior to the default search tool on this forum.
1359  Economy / Economics / Re: Look for what to invest, not what to eat on: April 19, 2023, 02:35:04 PM
The saying "A dead man has no future" is common where I live and so we shouldn't invest while we are hungry. We should keep in mind that investing just what you can afford to lose is safer. A person who generally lives paycheck to paycheck every day cannot consider investments. Investing is a wonderful idea, but you should only do it after you have taken care of your necessities.
1360  Other / Beginners & Help / Re: How did you get familiar with threads? on: April 19, 2023, 01:56:50 PM
I don't know how wide is crypto currency with exclusive terminologies like nodes, cores, NFt etc. At some point I wonder what I can do to mingle deeply in the discussion and contributions of this hard terms but one can not said something where you have no ideas.

The topic of cryptocurrency is incredibly broad, and many newcomers struggle to understand its many terms. For instance, understanding all the intricate details of Bitcoin's transactions, blocks, keys, addresses, network, market, trading techniques, and other components would take some time. The majority of people that contribute so much to discussion threads have a lot of experience with cryptocurrencies, therefore as you gain experience in the field, your knowledge will expand in a similar manner.


Most at times I get confuse and stuck when I see some post with strange or unfamiliar threads but at the same time I will see a lot of people arguing the threads and comments.

Just as it is Outside cryptocurrency that you can’t have knowledge in all aspects so it is in the crypto space, You can’t have knowledge in every aspect because the cryptocurrency ecosystem is so vast. You just have to pick the subjects you are mostly interested in and focus on learning more about them to gradually broaden your knowledge. I have seen some people engage in discussions about wallets and privacy but they don’t engage in discussions about nodes, blocks and mining. Its not because they don’t want to but they don’t have enough knowledge about it and they choose to read and learn from other peoples discussions.

You don't have to participate in every topic you come across, you can contribute to those you are familiar with and simply read through discussions in threads you are unfamiliar with in order to gain knowledge about them.
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