Hello, For buy and sell coins and token, a wallet is better or an exchange? Which one is cost effective?
Thank you.
I won't give the wallet list link because it was dropped already above by @tranthidung, that was a helpful thread for a list of hardware wallets. IMO, if you don't care about a KYC procedure, I will go in a centralized exchange that has a lower fee upon withdrawal ( it might be Binance but if you don't want as suggested above, an exchange like Kucoin is the best option too) and then, transfer on it in your hardware wallet if you want to store and hold it for a long run. This has been always reminded by most members here to the newbies asking safe storing assets, always remember this line " not your key, not your coin", that's a golden rule in crypto. But all of these I mentioned above were depends on you, I even allow myself to store coins on exchange but it should be a week or days only, not for a long term purpose.
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My necessary precautions:
- Buy a gun (semi-autos like AR-15 are preferable) - Learn how to use it - Practice physical self-defense
That's too harsh lol, you can defend yourself even you buy a pistol ( Glock 43X MOS Glock) or handguns, it's easier and not heavy just like what you have said. Here in my country, anyone can have that firearm to protect themselves but there's a lot of requirements to follow that should be legal. There's no need to have above if we know how to secret our valuable assets or wealth if you have a lot of them why not you didn't a security personal to guard and watch your territory. On the other hand, this was the greatest advantage of crypto, it can't steal by someone easily if they don't break your private key. We should be careful anytime, but fortunately here in my place, I didn't hear such a case that someone gets robbed, and practicing self-defense is very important for self-protection.
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Seems that Tesla is testing payment in Bitcoin and another coin called SHIBA.
Can someone verify this on Twitter if this is true, I only found it on the Facebook group. Elon Musk denied that he hold SHIBA coin. I want to know if Elon Musk really has this SHIBA coin which is he denied in the Tweet above. IMO, it could be there's a pump that will happen in the entire market and this has really contributed to giving a boost to the crypto market price. Or it might Elon Musk trying to make money on SHIBA seems like what he did on Dogecoin.
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Hi lovesmyfamil yes I did go and invest all that ten grand into Bitcoin, I thought it was the best choice.
At least the amount that you can afford, don't invest the fund that's supposed to be your weekly budget allowance, to have food on the table and thinking after a week you want to withdraw all your investment and accept the fact that you didn't even gain profit on it. If the amount that spent on investing is what you can afford, yes that is the best choice. Making a profit in crypto seems not very easy, you need to have a knowledgeable enough first and sharpen your skills through different kinds of earning like trading, investing, staking, or even gambling using your crypto. But I would say and frankly speaking, investing Bitcoin itself and holding it for the long term will potentially earn profit in a certain period of time. A risk-taker doesn't mean that you're potential can gain profit, it's a case to case basis.
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still im on 0 level
from where i can start???
Be at least knowledgeable enough before you will enter the market, if you don't have these skills, i's purely seems like you gamble your fund there that possible the chances of making a profit is very thin. Don't even jump in into trading if you have zero idea. Find an exchange that has a demo trading feature if you have that basic knowledge on trading, it's quite good if you learn knowledge from experience and then, find Etoro exchange platform which offers copy trading for newbies, it might be that feature will surely help you those who are new in trading: take note, at least not 0 level, it should be learned a basic one. I think there are a lot of Youtube video tutorials that you might have an idea on how crypto trading works, just be researchful.
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It seems to look like they are a Cloud mining investment scheme, I'm right? It's prone to know that cloud mining commonly ended up a scam and it might be there's a potential they are scamming their users.
Here in the forum, no one will believe in cloud mining investment, and even my self I was once fooled by them. However, your transaction seems a very small amount, I wonder why it takes too long before it will arrive in your wallet. Since that isn't a big amount and I think that is worth of $40, much better you will stay away from that kind of investment because they aren't safe.
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Would using Tor over a VPN be a good idea for crypto trading? I understand (to a point) the advantages of such a setup, but would it provide any real advantages in this case? Is it worth the extra expense?
The above idea was right and I tend to agree that using Tor over VPN is too much safer, you can use Tor alone or even PVN alone and yes, it seems it is an additional expense. If you have an extra budget that might be good because AFAIK, there are some ISPs that block the Tor Network from accessing it and it will always depend on your network provider which is allowed to use Tor. The only way that you can access Tor is to use VPN, in that way, you can completely mask your identities such as IP address or any footprints that you are using crypto for the financial transaction which hackers can trace your transactions. IMO, decentralized exchange plus using non-custodial crypto wallets are complete can hide your identity, yet we can't possibly hide anonymously but possible can be pseudonymous. Am I overthinking it? Lol, yes you are. It's all about how you will use it.
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I don't care how many percentage will be added by year end, I just want to live for tomorrow first as many opportunities are under way.
Diversifying your short-term portfolio investment into a long-term investment is a good decision IMO. As an investor like this, I think this is a wise and very clever move which is we know that these hyped coins will not long last like what you have said a SHIB token which is I believe that will become a shitcoin soon. I's suggest diverting your asset into a project that has real use that the potential have opportunity to gain profit in the future.
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If that is something new and didn't answer on their ANN thread yet you can make your thread as you wish if that is something different. But most likely those who will answer will prefer you on their ANN thread, not unless those who already encountered on this project. If their community social media accounts were still alive, that's a good option of asking some sensitive questions or even high-level questions. By the way, you were fine if you will follow the forum rules and it seems you are now violating forum rules number 32.
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I used this website for a long forecast of Bitcoin price prediction, when there's a contest of Bitcoin price prediction, I usually preferred to use this site. IMO, just for an alternate reference of guessing the future Bitcoin price but I don't take it seriously because I know the crypto market price is unpredictable and no one knows. So don't expect that there's a tool that can be used to forecast an accurate result, if there is, there are thousands of traders who will be riched right now. Channels? If that is Telegram channel group, so I'm expected that's a pump and dump group which is totally not good. Just use this tool, Tradingview graphics graph to set technical analyses which have the potential of having near to close results.
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I have doubted that the owner of this commercial bank already knew how crypto works.
But I think they might face difficulties upon looking for a platform where they can trust to hold their fund and it seems Thai cryptocurrency exchange Bitkub to their place is one of those reliable and can be trusted as they think. There could be always a risk and making money isn't a guarantee here and Banks understand the risk, even there are people who trust banks and save their money there and I think that was the concept that the bank of Thailand was figured out. Therefore, before they face this potential risk they're already aware of it.
Sounds good, this could be another first step and other banks will do the same, we know how much we can get profit in staking, how much more if you have a lot of capital to invest, they are playing money here that could be potentially an easy profit.
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Is there a platform that can generate a BTC wallet that requires 2 passwords - similar like multisig. So to get into the wallet and send BTC from there, you would have to enter 2 different passwords dependent on each other.
I don't think there's a platform like this that can generate different passwords upon wallet creation. So I'm thinking about an app wallet like Electrum or a Coinomi and creating an air-gapped wallet that has a different password on the device but I think only one password that has characters will create but not on the app wallet itself, it's on the device and you can't create two different passwords at a time with the same wallet. (Just my wild imagination)Any of them can access the wallet using two air-gapped wallets that have the same private key and password. Maybe in that way, there's an answer to your question. But I think it seems this idea isn't a good idea sharing on one wallet. You can create more than one Bitcoin wallet if you can.
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It's sad that some people waste our time on reading fake stories invented by them.
With the large amount OP's mentioned, I've started to doubt it. It seems to be true but it wasn't and I don't know what is the agenda behind this post and also curious about this account created for this thread. ~
Whoever helps me will receive 200 bitcoins from me ($ 12 million)
IF all of these OP is true, I suggest following what @HedgeFx advised above is an appropriate action to keep safe your long-lost treasure. Good luck with recovering that wallet and if you have time come back it here and let us know.
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..there is already a card machine that accepts payment in bitcoin and a bank that gives cashback for purchases in bitcoin.
That's Bitcoin ATM machines which are very common now, it's easy to buy/sell Bitcoin using that machine. If there's a bank that supported Bitcoin in your place which means the government isn't against Bitcoin or in crypto in general, to use as a payment system in any legal business. You're lucky enough for this. It's been challenging for someone who will adopt cryptocurrency as payment, you need to have a patient first before people in your place understand how this crypto will work. And I think, there's nothing wrong with your business plan, just try and go ahead.
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Would you mind if you will use Escrow? Or a Bitcoin sign message to prove that you're holding that fund? Looking forward to this campaign if anyone complies above.
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I saw also that there are different reminders on the ads slot under the OP thread. And not only by that here's I have a screenshot and this is all about merit reminders. Yesterday, I saw in ads reminders on spammers should be reported and not tolerated, I don't know how exactly the line but it's all about reporting spammers. I have doubt that there are a few vacant slots on the ads, instead of leaving a blank, theymos add some tips and that's great and it feels like the forum really cares about us and reminds us.
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It's a sad story and sorry for your loss, by the way, how much does the total amount get the hackers from your bank account aside from $50 from your Coinbase Pro account? Is there anything I can do to track down the hacker?
Coin base has nothing to do with this, it's already your responsibility to protect your account. All you have to do is file a report and might there will be cybercrime authorities in your place who will help you to solve this case. But if that is a small amount I'd better move on and learn from those mistakes. Next time, this is what you have supposed to do. " My account was compromised". I have doubts that the hacker also knew about you. Would there be any chance of Coinbase admitting how this was clearly the actions of a hacker and reimburse atleast some of my money?
Would there be any chance of Coinbase admitting that all that suspicious activity should have been noticed by them and some sort of actions taken to prevent the hacker from completing their goal, and they give me some sort of reimbursement as a result? Once it was transferred there's nothing you can do and there's no refund from Coinbase. I don't know why hackers have all of this, besides from your bank account it will ask password before the transaction is successfully done. Right after the hacks, you should report this to Coinbase.
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What's your opinion? Do you think it’s good to have a better look on some blockchain based gaming projects?
If you have an amount that is willing to risk, why not. Because IMO, Axie infinity was the first blockchain game that has attracted people not only to have fun and also by getting profit via farming and the concept was a perfect idea that could easily spread and be adopted during this pandemic due to people relying upon online seeking for something have fun and also will earn while playing, in general, this was in perfect timing and that's why it gets hyped. And those investors are not invested just because of having fun, they're invested because they saw a potential that the price could go up more sooner or later because it has a real concept as real play to earn game that is easy to adopt and play. As we can see, there are also many play-to-earn games projects that are based on blockchain games just like what Axie did. It might be one of them has potential but we should have research first and IMO, yes they had potential that could be worth it to try.
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This is because the demand for blockchain transactions in Ethereum have become too high causing the pricing out of small holders. This is the cost of decentralization similar to bitcoin. However, as a user if you want cheaper fees you should accept a more centralized design. Binance smartchain, Solana and others are available to use.
Did you know that the Ethereum transaction fee was significantly higher than Bitcoin this weekend? It shows a $50 range per transaction and that is a huge amount if we compare it to the Bitcoin transaction fee. Exactly right, because the Ethereum blockchain network was experienced a high volume of transactions, imagine there are too many projects that have a token based on ERC-21 which is under the Ethereum network. The same with Bitcoin, Ethereum has a demand and supply that miners vary on it to get incentives per transaction that has a higher fee. I have been also waiting when Ethereum fees to cool down, I have many tokens and coins that I want to sell on exchange but I can't move them due to these recently high fees. If there's an option through the BSC network, it's good to grab the opportunity since it was created by CZ to counterfeit with the Ethereum network.
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I also understand this is one of the reasons why some countries are yet to adopt bitcoin because their believe in that crypto is a fraudulent game and those engaged in it are solely scamming unscrupulous individuals.
Crypto or fiat might be used or abused as a tool of fraudulent not only in crypto. Do you think this wasn't happening before having Ransome ware or any illegal activities that involved fiat? Probably we can ask El Salvador and other countries that have announced Bitcoin was already legal tender under their jurisdiction if what's their agenda of this. My Questions 1. Is there a limit to certain amount of bitcoin per transaction each type of wallet can accommodate?
As pointed out above, in non-custodial wallets there's no limit per transaction and it could be transacted not exceed the maximum supply of Bitcoin which is 21 million. If you mean, custodial wallet, it will always prefer their terms of use. 2. How can the menace of scammers, fund looters and embazzler using Cryptocurrency as a covering to hide and safeguard their looted currency end, knowing fully that going to the banks they will be apprehended?
That's the question that only scammers know because it might be easy to disclose their identity once got mistakes. Using Bitcoin isn't fully anonymous, the transaction was in a public ledger that anyone can be trace and mark your address as a scammer, once you move it into a centralized exchange there will be chances that you will get caught. Probably they will let sleep on the wallet for a while where it was landed and slowly move into different addresses so that they will not be traced, IMO. But on this case, most likely scammers will get caught and we have heard hundreds of them.
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