Most rich people like Bill Gates and Warren Buffet are against investing in bitcoin or cryptocurrencies in general because of the huge risks due to heavy volatility. I'm very bullish on bitcoin and cryptocurrencies, but it's indeed a huge gamble. "Moon" and "lambo" gains aren't guaranteed. We're just pretty much speculating and hoping that it would indeed rise to very high prices.

True, you can definitely track it. But tracking it doesn't help though, it's pretty much just like adding insult to the injury.

To OP: If you get hacked, there's nothing you can do but just move on and learn from that big big mistake. Always make securing your wallets be a number 1 priority. Investing on good coins/tokens is irrelevant if your wallet is unsecure.

Nope. There are no chargebacks on bitcoin, as confirmed transactions are final.

One advantage of bitcoin is to be your own bank, being completely cut-off through centralized entities like banks. But of course this also comes with a disadvantage: as bitcoin is decentralized, there is no sort of "official tech support" or a hotline you could call/contact to help you with your lost funds. Being your own bank, you need to also act like one. You need to take wallet security as a number 1 priority.

Well, I agree on the shilling ICOs and shitcoins part. Would have probably been a decent "for-fun" Twitter page if it wasn't for those shilling, unfortunately.

I mean, if you actually opened the twitter video link and actually watch even only at least 5 seconds of it, it's obviously a satire account/page.

Just take a look at coinmarketcap[1] and take a look at the new unfamiliar coins in the top 100, or go to the Announcements (Altcoins) subforum[2]. There's literally like new few coins and tokens every week. 

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[1] https://coinmarketcap.com/
[2] https://bitcointalk.org/index.php?board=159.0

Even though we warn them every single day, some people are simply hard-headed, still saving private keys on text files and word files like wtf. They want to learn the hard way I guess. Mods should sticky a topic about this certain topic. Not sure how much help it would do though.

What's up with them not allowing people from New York though? I'm pretty sure buying and selling BTC is legal in NYC(though not 100% sure). Is there a new law or ban or something concerning NYC? Yet another reason to not leave funds on exchanges.

Sure. There's definitely a chance for earning "big gaiiiiins" if you invested a good amount in to certain cryptocurrencies. But don't spread misinformation like you cant "loose" in crypto. You definitely can lose. In fact, theoretically almost everyone of us can lose. Crypto has a chance to be a lot bigger in the future, sure. But don't be spreading information like the success of crypto is guaranteed, as it's definitely NOT.

Definitely not the best idea. Only use Coinbase for buying and selling crypto for Fiat.

Take time to read these posts:

• https://bitcointalk.org/index.php?topic=1631151.0
• https://cryptosec.info/guides/cryptocurrency-wallets-and-its-risks/

Probably hire the right people for that specific purpose(Ads, SEO, PR, etc).

Also, probably post your project on the Announcements (Altcoins) and the Altcoin Discussion subforum.

As always, hardware wallets should be best in terms of security. And yes, they're both good and pretty easy to use for BTC and ETH.

Trezor: https://trezor.io/
Ledger Nano S: https://ledgerwallet.com/

Also, read the pinned topic Topic: [General] Bitcoin Wallets - Which, what, why?: https://bitcointalk.org/index.php?topic=1631151.0

To summarize both:

• Coin: a cryptocurrency with it's own blockchain
• Token: a cryptocurrency that resides on top of another blockchain(e.g. Ethereum ERC20 tokens)

For an in-depth answer: https://www.cryptocompare.com/coins/guides/token-economies-101-the-difference-between-tokens-and-coins/

Those sites are reputable so chances are you wouldn't get scammed.On LocalBitcoins though, it depends on who you are transacting with. Transact with people with high reputation only.

Some sites you can buy bitcoin with paypal:

Virwox: https://virwox.com/
LocalBitcoins: https://localbitcoins.com/
Wirex: https://wirex.com/

Take note that this is easily easily Google-able. Try doing research first before asking next time.

There are too much scam ICOs for everything to actually be listed. Try doing your own research on the ICO projects instead and decide for yourself. Though some scam ICOs even have well written whitepapers so investing in ICOs are really risky, hence I really don't recommend investing in one.

https://cryptosec.info/guides/scam-icos/

That clickbait topic though.

Also, bitcoin doesn't care about price. Whether bitcoin is priced at $20k, $50k, $5k, 1k, or even as low as $5, it doesn't care. Bitcoin's technology will always be there, regardless of price(though mining hashrate will probably be significantly lower, but still. My point still stands).

DataDash(YouTuber) made a video about this exact topic a few days ago. Take a look at it. Video is really really well done.

"How Markets are Manipulated" | Crypto: https://www.youtube.com/watch?v=If8ZM8GkThg

Ladies and gentlemen, the perfect definition of delusional right here.

The amount of people here in the cryptocurrency space that wants to invest but isn't willing to do research baffles me to be honest.