I no longer believe in audits or exchanges. Assume Audit is completely perfect, and after Audit, exchange funds and defraud us. What would be our action to take? We will suffer rather than exchange anything. As a result, it is best to keep your funds in a non-custodial wallet or to purchase a hardware wallet. You will gain nothing by blaming others when you are the victim.
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True. However, the market as a whole has recently decayed. Projects only come to raise funds and then leave. They don't actually give a shit about investors. On the other hand, delivering product does not always help. Because I've seen a few projects deliver the product they promised, but investors don't care; they sell tokens and move on. Some investors even sell their tokens at a loss. How will you keep them at bay? Today's investors' mindset has shifted. They believe in quick profits and sell tokens. As a result, even good projects crash immediately after launch on decentralized exchanges, rendering them unrecoverable. As a result, the intentions of investors and projects have changed. Everyone only considers quick money.
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What is the connection between this thread and the altcoin section? Those who have come to learn will not leave the forum. However, bounty hunters would leave because most of the projects have recently been terrible or fraudulent. Earning money from the bounty has never been easier recently. If you are a valuable contributor to the forum, there is no reason for you to leave. And this is a non-profitable forum, so it makes no difference who leaves or who joins. But I simply believe that more people are joining every day and that very few are leaving.
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Those who invest in Bitcoin should understand how the price movement works. We know why Bitcoin began to fall in price. The first dump occurred when Elon posted Nagetive posts and massively adapted Doge. Then there was the Terra accident, and now there is FTX. These three accidents brought down the entire crypto market, and if anyone asks, we should explain the story behind the dump. There are more Binance rumors floating around. It's a little alarmist, but imagine what would happen if something happened to Binance. We must suffer once more, and the crypto community will be in total shambles.
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Limits do not apply to true decentralized cryptocurrency such as Bitcoin. Bitcoin adapted massively, but the market crashed incident that occurred. It will take time to regain investor confidence. Only whales can't help Bitcoin adapt. Institutional investors must adapt to Bitcoin. Whales only play with it; real adaptation requires large investors. I don't see any promising signs of a price recovery anytime soon. We'll have to see how the new year affects the crypto market.
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Borrowing money for trading is never a good idea. Even if you are an experienced trader, I will not do so. Because the entire cryptocurrency market is currently in a state of flux. So many incidents have occurred, and there are a few more rumors floating around. If the market crashes during trading and you lose everything, it's a suicidal decision. So, always trade with funds that you can afford to lose in any case. Otherwise, the lender will panic and demand that you return the money you lost. Before making a financial decision, please be careful.
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There is still a chance that the Bitcoin price will fall further. Because I don't see any credible reason for Bitcoin to rise right now. There hasn't been any good news recently. There are rumors that Russia will accept Bitcoin as an international payment method starting next year, but this has yet to be confirmed. However, I do not believe it will have a significant impact on Bitcoin's price. Because Westerners would oppose Bitcoin because unless sanctions were imposed on Russia. We can say that we would find another Bitcoin accumulation zone that would be beneficial to us. Deep observation is required.
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We're out of options here. We all despise Bitcoin, but we must use it for various reasons. We can't ignore CEX's contribution to Bitcoin adaptation, but on the other hand, CEX has been destroying Bitcoin recently. I understand that Bitcoin is not on the way Satoshi created it. People are currently gambling with Bitcoin in order to make money. We're not just using Bitcoin to conduct borderless transactions with no third parties. We are also taking advantage of the volatility. Recently, there have been a few rumors about Binance as well. If this happens again, the crypto industry will collapse dramatically. So, at the very least, we should avoid putting money into CEX after bought coins.
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I believe it has been discussed hundreds of times. Ponzi schemes were once popular, if I recall correctly. Yes, I have invested in a couple of revenueshare sites. Then I started using fiat currencies like Perfect Money and Payza. Some people encouraged me to use Bitcoin, which I disliked because it is volatile. But now I thank them for inspiring me, and I'm slowly learning about Bitcoin. When I discovered how Ponzi worked, I decided to leave them. Of course, I am opposed to all Ponzi schemes in order to protect people from them.
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For a long time, they have been attempting to legalize Bitcoin trade on a global level. They're probably trying to avoid Western sanctions by accepting Bitcoin payments. But I'm not sure how Westerners will react to that. They might then take a stand against Bitcoin. I'm not sure why Russians don't accept crypto payments both globally and locally. Why limit themselves to international trade? It would be preferable if they opened up all crypto-related trades.
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You are Victim even though you did nothing wrong. Yea people will say whatever they understand from their end. Using FTX wasn't bad to trade. But the bad thing is you stored your funds there. That was your mistake on your end. So you are suffering from that mistakes. If you had stored your funds in a hardware wallet or non-custodial wallet then today you shouldn't worry anyway. However, take a lesson from the past mistake and go ahead. If you have programming skills then work in marketplace. So that you can earn something.
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Then how i make money in crypto? I want to make 1000$ daily atleast then i see this crypto Has some point.
So you want to make quick money from crypto? Then how we can trust you with our funds? How may we make sure you will not skip the funds? If you don't see the point of crypto unless you can earn $1K per day then I don't see the point of this thread. I still not getting where you want to run your business. Are you wondering to create an escrow platform? I believe there are already. So the idea isn't new.
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I am assuming you like to follow MFS services. Often I see small shops or business use QR codes to accept MFS payments. Yea, the idea is pretty good, or you may use the payment gateway to change address every time. Otherwise, if you want to stick with an address then follow bitmover and create a QR code for your address and print it. It's pretty easy to use but not well privacy protected since many users will use the same address to send Bitcoin.
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End with a twist. I assumed you discovered a restaurant that accepts Bitcoin. After reading the entire thread, I realized it was nothing but advertisements. However, because the restaurant is near by, it will be easier to teach them how to accept Bitcoin. Because openly advertising Bitcoin implies that it is legal in your jurisdiction. Try to assist them in accepting Bitcoin so that you can keep a supporting role in Bitcoin adoption.
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I believe Christmas is not good for crypto, but it is good for those who celebrate it. I say this because sometimes massive sells occur to celebrate Christmas, which has an effect on the Bitcoin price. Some people are concerned that prices will fall as a result of the Christmas sale. As a direct consequence, there is a massive sale. I'd like to celebrate Christmas by not selling our stock. Because your possession would make you happy once a day after Christmas.
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In crypto, once an incident occurs, it cannot be reversed. So whether Sam Bankman-Fried is released from prison makes no difference. The FTX incident brought down the entire cryptocurrency market, affecting many users. Rather, Sam Bankman-Fried should be heavily punished so that others will be cautious when considering doing something wrong with user funds.
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Predictions should not be taken too seriously. Predictions are never accurate. Those who love Bitcoin will have high expectations, while those who despise Bitcoin will have low expectations. When planning to accumulate Bitcoin, keep the market situation in mind at all times. Holders are unconcerned about whether the prediction is positive or negative. We should prepare our brains to analyze. As a result, we can make our own prediction and proceed.
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Usually, I sell when there is a good profit or when I need it for life. Otherwise, I have no plans to sell my holding. If there are no other options to live lives, I will sell my holding. That situation has not yet occurred. Because, in addition to my crypto holdings, I always keep some emergency funds in fiat. As a result, in an emergency, I can use my fiat holding. I store my holdings in a ledger so that I can't sell them whenever I want. And I bought coins when I had extra money that I wouldn't need for a few years.
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Because each Bitcoin user has a unique mindset, the decision to share the seed phrase will depend on their mentality. In general, I do not believe it is necessary to share your wallet seed phrase with your spouse. We don't disrespect her, but it's all about privacy. Normally, I note down everything in a notebook and keep it safe. All of my wallet credentials are on the notebook, I told my wife. In the event of an accident, you may be able to recover all of your funds from there. But, because she isn't a literal person, I didn't teach her everything. I hope to be able to teach her in the near future.
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It makes no difference that Brazil did not adopt Bitcoin as quickly as El Salvador. At the very least, Bitcoin is legal there, and that is reason enough to use Bitcoin and thing that connects. They understand the value of Bitcoin and, like El Salvador, will eventually adapt to it. Changing the government's mind about accepting Bitcoin is a good sign. At least some good news in the presence of all the bullshit. My country has yet to recognize the value of Bitcoin, and I hope that one day I will be able to freely use Bitcoin here.
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