Lots of useful insights on this thread, I was not very aware of the China-US-Taiwan beyond the fact that Nancy Pelosi embarked on a trip to Taiwan against better judgement and that had the potential to kick start a conflict or to accentuate the existing rivalries.

However one looks at it, it's not a good situation and the consequences of the next couple of weeks and months could have an effect at a global scale affecting prices of oil and basically any other commodities.

Bitcoin might not exactly start doing well (rising in price), but I am not expecting a downward trend anytime soon. A bit of sideways movement over the next couple of weeks/months and maybe an upward break down the road.

Buying weekly is a example of DCA and I wouldn't call it a stupid idea as it has helped so many people get over the fear of taking a big leap into a high risk venture like Bitcoin, by breaking it down into smaller, achievable targets which they can easily reach without any pressure.

With DCA, you don't need to force yourself to do anything.
If your salary is xxx amount, and you can spare yyy amount every week, bi-weekly, monthly, bi-monthly, quarterly etc. Then you exchange that amount you can spare for Bitcoin. To avoid laying multiple transaction fees, you can spread out the buys a bit more.

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Of course, during periods like when the price spikes up alot, you can hold on a bit from buying and when it dips, you can buy more.
Waiting for more preferable markets between the above points (spike and dips) might not be very effective.

I won't call the situation the price is at now a mess by any means. It's just a normal price correction, after the ATH of last year; nothing too serious.
Also, all those factors you mentioned are not fundamental problems related to Bitcoin or the cryptocurrency market, they are external market trends which can indirectly affect other global markets.

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Note that the market is not determined by the extremes of ups and downs, but rather the period of stability in-between, and that amount that Bitcoin stables at over the years have been consistently increasing.
After the 2017 ATH, the market settled at below $8k for most of the time, now we have an apparent bottom of >$22k which is a significant increase. Those are my biggest takeaways from this cycle.

Don't know if this applies as a major response, but you should consider learning about digital marketing this would guide you in building interaction with people who could eventually turn to customers:

• Read about what platforms are best for promoting your project, do not be limited to just Twitter,
• Create a compelling funnel like profile, which would draw readers of your posts in and maybe turn them to be part of your community,
• Interact: this is very important. To connect with people (relevant to that field) you have to interact with them, involves liking, commenting, private messaging etc
NOTE: do not spam
• Be consistent with your engagements,
• Provide value beyond your art, there are a thousand and one arts out there, try to stand out with other helpful content,
• Remain consistent,
• Constantly read and learn about building an online presence.

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Alternatively, you could always hire a social media manager.

And 60+40 sums up to 100%, which is what I was pointing out. All of the gratuity would be going to high risk investments.
When investing, even when you diversify, you should factor in amount you can afford to lose, cause just as one investment can go bad, so can another.

Good luck to you and your uncle!

You are right to have your reservations about regulations, and it would pretty much invalidate the decentralization of the crypto industry, while not solving rug pulls or eliminating scams.

Decentralization means you do not rely on any central authority, and do not need to trust a middle man. Regulation is the exact opposite as with it, a central authority can control, freeze, or lock your funds, and request you to prove why it should be released to you.

I'm aware monero is a privacy coin, the point I was making, was how much difficult it gets to clean the funds, when the scam goes public and related addresses gets flagged.

Considering the BTC amount, exchanging that to monero would need a platform with very high liquidity or would be done over a long period of time, both scenarios would increase chances of exposure.

Do you use it to store your coins or to exchange? The platform is not highly recommended by users and there are better options both for storage and exchanging.

Try talking to their customer support to ascertain what services you're limited from and decide if you need to verify or not.

The thing is after a scam of a large magnitude, the options to liquidate becomes very thin. The address is going to get flagged by many exchanges, and if you're going to use a decentralized platform, you'll need to also reveal the address you want the new coins sent to, which could still be a means of exposure.

It's doable to launder, but quite difficult to execute. Further prove that Bitcoin or crypto does not encourage scams and frauds with its transparent nature.

It is the government who doesn't want the people to properly use Bitcoin. The citizens are willing to use it and India is a nation where Bitcoin and crypto is very popular.
The reason some governments are scared to not allow free usage of cryptocurrencies; they cannot control it.

Out of the three you highlighted, I know of and have visited two, including other cryptocurrency related platforms, and I find Bitcointalk to be the most original - it was after all created by Satoshi, giving it a higher level of credibility.
The forum is also more community oriented, and I find discussion here to be of a higher quality.

Asking this question here would get you answers from bitcointalk users and would not create a proper analysis. There very well might be users on those platforms who prefer it for one reason or the other.

I don't see how that would be quoting out of context, except of course the user clarified that quoted part in other parts of their reply.
Ideally, you read the whole text before quoting a select part.

People have different preferences, but as long as you're not quoting wall of texts or images you are doing it just fine.
I believe snip or blank text quote markers, are best used when the reply you're quoting is right above yours and you're replying to the whole text. It would be relatively easy for anyone to read.

It's always great to teach someone about Bitcoin, as they have the opportunity to get interested in it and understand its utilities.
They need to also be aware of the risks involved, not just in Bitcoin investment, but also the other investment plans; There's more to agriculture than understanding of seasons, and a roadside bar comes with a lot of logistics which you need to consider.

Another point to note, is the calculation sums up to 100%, which is the entire gratuity. So, your uncle is investing his entire stash into high risk assets, which has potential for high returns, but also the risk of losses.

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P.S, I'm not shitting on your ideas, they can possibly be profitable overtime, but it would be wise to do your due diligence in research on all the suggested investment ideas and draw up an investment plan over a period of time, rather than going all in.
You should take this more serious if he does not have more savings besides the newly gotten gratuity.

I find this disclaimer kind of ironic and adding the red color tag just makes it out to look like a warning.
If you want to create local rules, you ideally should make the thread self moderated.

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I agree a lot with your first tip about users (newbie through to legendary) revisiting threads they created to read up newer discussions and maybe lock up the thread once you've gotten your answer or the topic has been exhaustively discussed.

About the posting tips, new members should be on no pressure to reply to topics or create threads. There are tons of previous threads to research on, especially if they are new to cryptocurrencies. They should dive into those to learn more.
Knowledge is acquired when we read, more than when we write.

Firs time?
This is a normal everyday market in crypto. That's the point of volatility, intermittent upward and downward movements over a period of time. Volatility is high in this niche and so, that period of time can be very narrow, leading to wild daily price actions.

Bitcoin is not proving to be anything; It is what you make of it.
It can be a speculative asset, a hedge fund, a currency etc. There are qualities in it which makes is usable as any of these.

I think the pump is temporary, but I also think we've found or at best almost found the bottom and the price should not drop much further.

This would be correct for the large majority of the population. Many would not go near it and the media would have so much fun churning out article after publication about how Bitcoin is finally dead, which has been predicted for many years now.

Here in this forum, the majority of active members (non spammers and serial bounty hunters) would still be carefully following it to decide what action to take. And if it turns out to not be a problem with Bitcoin as you pointed out, many would fomo in.

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This questions are mostly so fantastic and discussing them seems unnecessary. This situation would very likely never happen, and we should stop dreaming about future low prices, but focus on the utility of Bitcoin which exists in any price range.

Virus and malwares are constantly changing and evolving, so while the chances are slim of having contacted one of either from previewing the document with your phone and PC, they do exist. So, by all means, you can do a full sweep to be extra sure your devices are not compromised.

Also, segregate how you store sensitive information. Large amounts of cryptocurrencies should be in a hardware wallet or an airgapped device. Other sensitive data could be in separate drives, so even if your devices get compromised, that invader cannot access your important data.

The off topic board was created to accommodate certain conversations, just like any other board on the forum. There are lots of non-spam topics which do not fit into any of the crypto related sections and are maybe not imperative enough to go to serious discussion or its child boards. Off topic is a fitting section for such discussions.

Threads are moved around by mods all the time, to the board they feel is more appropriate, not just to the off topic board.

Some sites have already been recommended and there are still many more available out there.
The forum also has a community on discord and an official Twitter account, although the later is not active.

This shows however that there are credible profiles across various platforms which makes for quality discussions, just the same way there are scams, trolls etc on all platforms (bitcointalk inclusive). You just need to filter what you listen to.

Functioning as a payment system is actually the main usecase of Bitcoin, as it was meant to be a P2P payment tool, so you were using Bitcoin regardless that you didn't agree with it. That's a plus, cause it gives the impression that bitcoin was the best, and simplest option for such payments.

The propaganda of news agencies; Bitcoin supports fraud. All these while fiat is still the most used for illegal activities. These were more popular in the early days, but with more awareness, of which you've discovered, more people are begining to use it and see the benefits of it.