What is the riskiest or most unconventional action you have taken in order to purchase Bitcoin during its early stages, despite the lack of guarantees or promises that it would appreciate in value?
In early days of Bitcoin, it has no recognized value and the first physical deal is Bitcoin for 2 Pizzas. 10,000 BTC for only two pizzas but it was considered as a first successful Bitcoin trade in history. I am sure that nobody traded Bitcoin in early days with guarantee that it will have value like $10 or $10,000 in future. They did it mostly because of curiosity and some belief. Nevertheless, it's a bad choice as majority will agree that it's very bad to do that. And the longer you stay and be in this game? the better you realized that there are one fool proof strategy to invest, that is to do DCA, and invest what you can afford to lose. So to answer, non, it was just a slow process for me to accumulate what I have right now, there are times that I have to sell for emergencies and then re-invest again.
No one can guarantee when Bitcoin hits this price or that price. They only can guess but guess is not correct. Dollar cost averaging is a good method when you invest in Bitcoin. No guess, no prediction, no gamble is needed. You only have belief, knowledge, good discipline to DCA with time and good practice to store your bitcoins safely. https://dcabtc.com/https://bitcoin.org/en/choose-your-wallet |
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There is no need to compare Manchester City to Arsenal anymore. The Citizens have been able to prove their capacity as kings in the Premier League at this time. The series of wins won by Pep Guardiola's team will clearly bring them to the top of the standings and Arsenal will not be able to shake them again.
Manchester City are very close to the title and they have very big advantage against Arsenal. However, the season has yet ended and Arsenal still have reasons to keep their hope lively. They have 4 more matches and Manchester City have 5 more matches. Arsenal must hope that Manchester City will lose in 2 per 6 matches at least to reclaim the first position and take the crown. I don't think Arsenal are ready to give up at the moment. They have hope because they know Manchester City will have two big matches with Real Madrid and many things can happen in Premier League around those matches when Manchester City will have some distraction in Premier League. Apart from that, their new striker Erling Haaland also appeared very impressive. In his first season he was able to pass the record for most goals in one season, this is truly an extraordinary achievement. Haaland has also proven capable of making a big contribution to Manchester Blue.
Haaland performance in a second half of season is worse than in a first half but it's still enough to help him breaking Premier League all time scorer record. What a beast striker! With this striker and possibly better versions in future, Manchester City will dominate Premier League in some more seasons. |
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Though I started my bitcoin journey in the late 2021. But from my research the last halving was in the month of May 11, 2020 and halving takes four (4) year interval to occur. We really don't know what will happen in the next halving.
Bitcoin has its block reward halving every 210,000 blocks. Block reward halving countdownPast halving event dates
The first halving event occurred on the 28th of November, 2012 (UTC) at block height 210,000
The second halving event occurred on the 9th of July, 2016 (UTC) at block height 420,000
The third halving event occurred on the 11th of May, 2020 (UTC) at block height 630,000
From the past halving event dates and blocks at which it happened, a next block reward halving will occur at the block #840,000. In estimation, it will be about 359+ days since today. And presently the mining fee is very high to the extend that to make a transaction is not interested to someone again. Like yesterday I was making a transaction of 0.01 BTC and the Mining Fee was 0.000222 and the Fee Rate was 906.2 Sat/B then the Target was (ETA) Within 25 Block. So because of the high mining fee rate I have to suspend the transaction till the following date and the fee bit came down so I made the transfer successful.
Are you sure that you have to pay 906.2 sat/byte in the last 24 hours or 48 hours to have a confirmation within 25 blocks? https://jochen-hoenicke.de/queue/#BTC%20(default%20mempool),2d,weightWithin last 48 hours, you won't have to pay more than 200+ sat/vbyte to have a confirmation within a next one to three blocks. From which wallet you made that 906.2 sat/byte transaction? Is it from an exchange account? |
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AFAIK Kucoin still not allow you to withdraw Bitcoin using segwit network, I think you can try to withdraw your Bitcoin using Bitcoin network, but you use segwit address as the receipt address. Don't angry if your coins never credited to your wallet  Bitcoin has many address types and transaction types. Legacy, Native Segwit, Nested Segwit, Taproot are different address types. Transactions with those addresses will be all excecuted on Bitcoin network. There is nothing like Segwit network, Legacy network or Taproot network. Your post spreads misleading and confusing information. Invoice addressThere are currently three invoice address formats in use:
P2PKH which begin with the number 1, eg: 1BvBMSEYstWetqTFn5Au4m4GFg7xJaNVN2.
P2SH type starting with the number 3, eg: 3J98t1WpEZ73CNmQviecrnyiWrnqRhWNLy.
Bech32 type starting with bc1, eg: bc1qar0srrr7xfkvy5l643lydnw9re59gtzzwf5mdq.
Taproot is a newest Segwit type, Bech32m type starting with bc1p. |
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I don't sure with all expected Bitcoin reach $100k, current price under $30k and not stable some time down drastically and seems need waiting for three or five years later for Bitcoin reach to higher price. Indeed have on all time high price above $65k seems Bitcoin can't make any new all time high again almost two years after reaching most higher price, bitcoin drop drastically under $20k.
I want to see Bitcoin stable above $40k or $50k and opportunity looking for altcoin stable on higher price again, I am not bitcoin holder and prefer for investing in Bitcoin and huge expected one day later altcoin back to higher price again.
If Bitcoin continues its habit to create a new all time high after a Bitcoin block reward halving, it will make a new all time high after 2024 halving. With that halving, it will have to reclaim its current all time high $69k before making its new all time high. From $69k to $100k, it is about 50% growth that is possible in my opinion. I don't know about higher price like $150k or $200k for 2024 - 2025 bull run but $100k is very likely to be touched in 2024 and 2025. My advice is if you are new in Bitcoin investment, you should think of holding your bitcoins more than 5 years. Why 5 years, not less? Because each cycle of Bitcoin market is 4 year which is based on its halving cycle (every 210,000 blocks). With 5 years, you will be able to experience two Bitcoin halvings and two big bull runs. See https://hodl.camp/ |
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Although I am aware that Real Madrid made a mistake this LA Liga season by allowing some teams they can beat to defeat them, there is a good reason for that, and it has to do with the fact that they are preparing for their upcoming semi-final match against Manchester City. Real Madrid is the king of the Champions League, and when the team played in the Champion League they did it with all their possible best to succeed.
With lack of concentration and reason to fully focus on La Liga matches whilst their chance is very small in only a few remaining matches, it is reasonable to see Real Madrid more easily to lose points. Their only target in La Liga is to help Benzema win Pinicchi against Lewandowski but it is not their big task. A bigger task is to win Champions League and I am sure Benzema also wants to win Champions League more than win Pinicchi personal award. We should all be aware that games can change, that Real Madrid could surprise everyone by defeating Manchester City, and again one team can't be chasing two crowns at once. It will be very difficult to compete for two titles; you either have to face one and leave one.
I don't think if Real Madrid beat Manchester City, it would be considered as a surprise. They are strong enough to beat Manchester City and I only feel surprise if Manchester City can win and go to the final match. I think they have same quality but Real Madrid have more experience, more confidence and stronger mentality than Manchester City. If there is a side which has more pressure, it is Manchester City, not Real Madrid. Regarding Inter MIlan and Ac MIlan, I think there won't be many people who want to bet for these two teams because the odds are very near and we know the 2.85 and 2.8 are not high enough for this game to take the risk because both teams have a good situation for this team and there is the same chance for both teams especially after we saw Lukaku and Lautaro Martinez back in Inter MIlan.
They are both from Italy and Serie A and their matches will be European Milano derbies. I don't think they have too many things to hide against the competitor. They both understand each other very well and with nearly nothing to hide, their matches will be very boring. Both of Milan teams had good quarter finals to beat Benfica and Napoli but they will hardly to keep that performance in the semi finals. Both teams will pay more concentration on their defense and might aim at penalty shots to find a winner. |
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Arsenal can only do their best by continuing to maintain victory points in the remaining matches. Man City has the advantage with a difference of 2 matches from Arsenal that have not been played. and that makes Arsenal's position will only depend on luck alone. they certainly pray for Man City to face several defeats in the remaining matches. because Man City also has a busy schedule, and of course that will affect the performance of their players.
but Arsenal must show his best game in the rest of the season. trophy or not Arsenal should be able to ensure it this season. but they are too careless.
They are back with their best performance after 4 bad matches with 3 draws and 1 loss. Unfortunately it is too late for Arsenal as they played 2 more matches than Manchester City but only have 2 more matches than the competitor. It means Manchester City will have 4 points gap if they win those two matches and with only four matches left, how will Manchester City lose more than 4 points and give a chance to Arsenal. It sounds impossible hope for Arsenal. I actually think Arsenal would have been able to play better in their 3 draws but it belongs to the past and regret or not, they have to move on till the final day of this season. Even if they fail against Manchester City, this season is still a remarkable one for Arsenal. It is a first season they can actually fight for the title, a first time after many years. It is a big improvement from the past season when they only were able to fight for a position in top four. |
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I'll sell some to enjoy the profit, but I won't sell all unless I have to, and I'd generally keep holding.
Me too. We all need to rebalance our portfolio sometimes and if a price increases a lot, it's not too bad to cash out partially and have more cash in our portfolio. In a bear market, I can have more than 90% of my capital in Bitcoin but in bull market, I will cash it out more to increase my cash. My approach to Bitcoin is an approach to it largely as savings: they're out there for when they might come in handy, I sell some occasionally when I need to or when the price is better, and I know I'll need some in the near future. The overall approach doesn't change for me in the bull or bear market, so I'm generally calm about that. I just find Bitcoin a better currency for savings than fiat is because fiat can and does suffer a lot from inflation, whereas Bitcoin seems to grow over time.
Long run, Bitcoin is very good for saving and if we can hold it till next 3 to 4 halvings, till 2032 or 2036, I believe that the profit we will get should be massive. My dream is till next 10 years, I will have 1 BTC in my portfolio but I don't only hope but actually work and accumulate more BTC with time. Like accumulating 0.1 BTC every year and next 10 years, I will have 1 BTC for my portfolio. |
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1) Decrease your waste : if you want to maintain constant profits in your trading, you must reduce some special time you spend in some activities that will distract your attention in crypto trading because, crypto trading need constant attention so that you will not miss your profits at the moment.
I would go oppositely with you. If you want to maintain your constant profit, let's trade less. Hang out more and trade less, it will reduce your failed trades. 2) Conduct market research: For you to maintain constant profits in your crypto trading, you need to be active in carrying out your personal research daily to know the season we are in the market either bulling season which is the best season every traders want to be swimming in profits making all the time or bearing season which is the season Many traders use to hold their coins very well not to miss their profits.
Trading and holding are different. Holding is more related to a market season, bear or bull. Trading is available in both market seasons as bull or bear, market has its waves which give you chances to trade. 3) Increase your capital: if you want to maintain profits in your crypto trading, you need to work hard to increase your capital so that it will help you to buy huge amount of coins that will help you to maintain your regular profits in the market.
I disagree. Increasing your capital will bring more pressure that can increase your bad decision, more mistakes then profit will turn to loss. Don't increase your capital for trading, try to maintain it the same. If you double your capital from trading, withdraw 50% of it like your saving. Continue with your initial capital, again and again. Even if after 10 rounds, you suddenly lost your initial capital, you still have your savings which is x9 of your initial capital. Good enough. |
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Not only Benzema who had to be absent against Sociedad, but Modric and Vinicius were also absent in yesterday's match at home to Sociedad so this made Sociedad really take advantage of the momentum to get full points. After all, in the second half Real Madrid had to play with ten men because one of their players was shown a red card in the 61st minute.
Modric is on his recovery from an injury and Benzema, Vini Jr. were simply reserved for matches with Osasuna and Manchester City. Real Madrid know that even if they win all remaining matches of La Liga, they have no longer control that they will win La Liga. It depends mainly on Barcelona performances in remaining matches and they don't need to win of of those matches to win La Liga. After the match with Sociedad, Ancelotti told that his players no longer focus on La Liga and it is part of reasons why they lost the match. In fact they did not play too bad in a first half but they lost it because of a bad second half. As an experienced coach Ancelotti understands what must be done, because keeping Real Madrid in 2nd place or going down because it might be shifted by Atletico Madrid is not the main thing right now, there are matches that will be even more profitable if they can win rather than secure points in laliga when the matches are so close because sunday they will also play in the final of the Copa Del Rey which is just as important as the first leg against Manchester City at the Santiago Bernabéu.
With Coppa del Rey, beating Osasuna is possible with Real Madrid but it is not their biggest target. They aim at Champions League with two big semi finals with Manchester City. Real Madrid will not have easy matches with the opponent but they know that they are not too far from the Champions League title. With many players of Real Madrid, they know that it will be like their last chance to win Champions League. Modric, Benzema, Kroos will try to burn themselves out to win it one more time. |
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Let's assume that the market is uptrend. The market makes higher highs and higher lows. The higher high is the resistance area, the higher low is the support area. If the price is close to either support or resistance, there is a high chance that the price action will bounce back because there is a lot of supply in resistance, and lot of demand in support.
However, if the market makes a new higher high, the prior high resistance will turn into a support.
Support and resistance are temporary ones. With time, a support can become a new resistance and a resistance can turn to be a new support. Those changes of support and resistance occur when a market has a break out or break down. Support and resistance can be changed so you should never put all your capital at risk by believing that this support is like rock and won't be broken down or that resistance is very big and price won't be able to break out of it. Long squeeze and short squeeze will kill you if you have such belief. Bitcoin Support and Resistance for dummies is a good guide to enlighten newbies about support and resistance. |
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Staking and earning yield has a bad reputation due to what happened with all those lending platforms that went bust. People basically didn’t want to take risk, so they lent their crypto to earn a yield and look what happened.
They collapsed because they provided unrealistic high APYs that contributed to their unsustainable staking programs for their users. However, those collapsed platforms are not representatives for the staking industry which surely has more companies and many are better than those weak and collapsed platforms. If they have good risk analysis and provide not too high APYs, they are more sustainable and can be better to avoid collapses. Those lessons from collapsed DeFi in 2022 is crucial and helpful for the rest companies to adjust their programs. For those with the required technical expertise and a long-term investment horizon, cryptocurrency staking can be an effective and secure investment strategy. It's crucial to understand the risks, though.
Risks here just for example the value de-pegging of stablecoins or hacks on centralized platforms that offer staking just like centralized exchanges which is common for me.
It is advisable to not store coins on centralized exchanges but I know not all people do this. If they are ready to store their coins on centralized exchanges for a long time, why do they not consider joining staking programs to have passive rewards? It is a good offer for those people who already accept risk of storing coins in online accounts. |
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I must say that the Manchester City is the stronger team. They have consistently performed well in recent years, with a strong squad and a top-notch coach in Pep Guardiola.
Manchester City are building and improving themselves to be stronger and more competitive in Champions League. Pep Guardiola after some defeats by his weird changes in squad choosing and his obsessive perfection, looks to change himself and switch to find stable squad for Manchester City. It makes Manchester City more dangerous in Champions League and they will have bigger chance to win it without sudden strange choice from Pep Guardiola. However, the Real Madrid is also a top team, with a long history of success and a talented roster of players.
however Real Madrid has a very long experience in UCL, I think it will be a good challenge..
True so. Real Madrid looks to be a perfect competitor that can beat Manchester City in Champions League. Will they repeat what they did in the last season against Manchester City in semi finals ? Their striker Benzema is simply at his good form with 4 hat-tricks recent weeks. More dangerous, Real Madrid don't only have Benzema but also have some dangerous and energetic attacking players like Vini Jr., Rodrygo as well as ability to find goals from distant shots with Valverde, Kroos. They have some good alternative players like Asensio who has very good performances in the last one month. |
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only you know how Juventus managed to draw with Bologna, they are in crisis as a team, as are Inter and Milan.
It's embarrassing to see how the big teams are in total crisis, I don't understand how it happened but this exists today and is tangible.
Let's hope they find the strength to recover.
This draw is a 5th match Juventus can not win recently and it contributes to the very exciting race among six clubs for 3 positions in top four. Lazio, Juventus, Inter Milan, AC Milan, AS Roma and Atalanta, they are very close to each other with 6 points in difference from Lazio to Atalanta. The last six rounds of Serie A will be full of excitement with this race and Lazio, Juventus will have to be very carefully if they don't want to end this season beyond top four and face with less income in a next season if they won't be eligible to play in Champions League. Napoli played this game against a team in the middle of the table and I was expecting them to win the game easily but it seems after they lose the champions league to Ac Milan you are not motivated enough, however, Napoli had many chances in this game, Napoli had 21 goal opportunities while Selernitana had just 5 goals opportunities, the problem about Napoli is they can't use the opportunities they got to finish the ball.
It is a disappointed result but with 18 points more than Lazio and only 6 matches left, it is impossible for Napoli to lose all remaining 6 matches and Lazio to win all those matches in order to equalize total points with Napoli. Even it happens, Napoli still have very better goal difference than Lazio so I believe that they will win Scudetto in this season. No need to argue about that and maybe they will lift the trophy after a next match day. |
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POS coins lose their value in the long run. It is true that money increases by a certain percentage, but its value after the increase is less than its real value, and therefore you lose the value of your money.
It is called as impermanent loss with staking. [DeFi Tutorial] What is Impermanent Loss?The services that give you a return from the deposit are good, but they are central and you need to trust them, as it is possible and in an instant to lose your capital without compensation.
When you stake your coins, you will have to lock it on one DeFi platform and its staking pool, that means you will not only have to trust that service and their capital management as well as its solvency capability to proceed your staking claim later as well as withdraw your initial coin. There is risk of security that can cause to hack on that platform, smart contract which all can lead to new token minting from thin air as well as massive de-peg for that token value. You are no longer control your capital when you buy a stakeable coin / token and stake it. Reminder: do not keep your money in online accountsIf you are looking for value, you will definitely stay away from all staking coins and services.
Not true. Depends on when you start staking (very early or too late) and when you exit. First it is to avoid impermanent loss. Second it is to avoid collapse of Ponzi scheme. You should know that even a Ponzi platform won't collapse at its early days. The later you join a Ponzi project, a more risk you will see its insolvency and collapse. Read the Bit Connect Ponzi scam to get what I mean. BitConnect Founder Indicted in Global $2.4 Billion Cryptocurrency SchemeBitconnect, which has been accused of running a Ponzi scheme, shuts down |
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Imagine if there was a thing, what thing? I don't know, just imagine a thing that people could store value, just like gold, and at the same time they could exchange this thing among everyone on earth without depending of any trusted partier. This thing is also limited just like gold, and it is so limited that there is only 21 millions available
The bullish case for Bitcoin. Buy it on Amazon store if you don't want to read it online on Medium. How is the 21 Million Bitcoin Cap Defined and Enforced?Controlled supplybut it is not a problem because you can buy literally only $1 dollar of it in seconds.
Do you think buying $1 bitcoin is good and recommended? Even with Lightning network, I think $1 is not a good amount for Dollar Cost Averaging. Let's try to buy like $10 or $20 to DCA and increase your amount of bitcoin. https://dcabtc.com/ |
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Bayern munich has been inconsistent in the bundesliga this season, they are still close to the top of the table and if they beat Hertha Berlin today they will take the first position from Dortmund. The bundesliga is not so competitive, because even if Bayern munich do not play well they can still win the bundesliga title, and if they win it this season, Dortmund should know that they have let their fans down because this season was a good opportunity for them to win the title from Bayern munich after many years of them winning it.
Bayern Munich is like PSG in Ligue 1. They are strongest teams in their national leagues but in some seasons, they are not best teams in performances. However, they still win those leagues because other clubs fail to play better than those giants. It is coincidence sometimes too, as when other clubs have excellent forms in a long season, Bayern Munich and PSG simply have their outstanding seasons too. Anyway if a club can not take advantage given by a competitor a few times in one season, they are not deserve to be winner in their league. Dortmund looks to be a club like that in this season. They still have time but they will probably have to chase Bayern Munich after this week. I have always said this about Dortmund. They can never be relied on. Even before their draw to Bochum, I always knew they will slip up and let Bayern take the lead. All Bayern needs to do now is win all their remaining matches and they have won the league.
At least Dortmund is one of best competitors against Bayern Munich in Bundesliga. They are one of very limited clubs which won Bayern Munich in Bundesliga and won the league. Only a couple of clubs in the last 20 years as I remember are Dortmund, Stuttgart, Bremen and Wolfsburg. Since 2012 - 2013 season, only one champion Bayern Munich. Bundesliga champions |
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Congratulations to Bitcoin, which just reached a record-high 564,839 transactions in the last 24 hours. This means the world's most famous cryptocurrency is now being utilized more than ever Do you know what is it come from? Increases in usage of Segwit and Lightning Network or just people are making smaller value transactions that can be contributed by small bitcoin users rather than Bitcoin whales. An increasing adoption for Bitcoin is going an soon its blocks will be fulled by bigger demand. In future I think Bitcoin developers will have to work and bring proposal to increase its block size like in 2017 with Segwit. Bitcoin community will vote to support that proposal and hopefully it won't be a mess like 2017 Segwit. |
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This is still one of the simplest methods I use to identify phishing sites. Despite the fact that hackers and fraudsters are becoming more knowledgeable and devious by the day, the addition of "s" to the "http" which indicates that the website is encrypted and secured with a Secure Sockets Layer (SSL) certificate remains the simple check I use on phishing sites. The SSL certificate provides additional security and protection to websites.
Nonetheless, phishers have begun to use 'https://,' so this aspect is no longer a sure sign.
What is SSL?SSL vs TLS!SSL is a better standard but it is not too difficult to get so it is not a perfect indicator to say a website is a scam site, phishing site or not. Another technique to check for phishing URLs is to pay special attention to the spelling. Fake websites usually feature an extra letter 'S' or 'A' in the spelling. For example, an authentic Google URL is google.com, whereas a forgery may be googleS.com.
Also, if the letter 'O' has been replaced with the number '0' (zero). For example, an authentic Bitcoin URL is bitcoin.com, whereas a forgery could be bitc0in.com.
This is called as Homograph phishing type. Punycode and how to protect yourself from Homograph Phishing attacks? |
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