You can use your brain to remember the password and record it on a paper notebook or a computer without an Internet connection, but remember to save it. Once you lose it, your wealth may be discovered by others.
Don't rely on your "brain"(memory) to remember the password. That's is the worst mistake you can make. No matter how good your memory is, don't forget, as you age, you brain starts to deteriorarte (cells slowly dies) and your memory won't be as sharp as it used to be. You will end up either forgetting or mixing up everything and then there goes your fortune. Use your memory, and keep multiple backups, digitally and offline in a safe and secure place! |
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One of the most spectacular yet little known sports is climbing. One of the specialties is indoor competition where the athletes will compete on completing diabolical routes and doing so the fastest. If you have never seen a video, you really should.
-snip-
There are many other options for betting, such a certain climbing finishing a certain route or climbing a certain mountain. The stars of this sport, both male and female, frequently declare their intentions of climbing routes and it is a open ground for bets. Is there already any place to bet on climbing competitions or challenges that you know of?
Never heard of people betting on such events. Sounds really complicated. How does this work though? You bet on who is going to finish first? Or like who falls down first? lol. And bet on routes? How is that supposed to work? I thought everyone followed specific routes when climbing to avoid dangers. Is it like we also have to guess which mountain are they going to climb? If that is the case, wouldn't organizers who what route and mountains they are going to climb and use those information for their own advantage? |
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Nope.
Do I feel sorry for people who can't afford to see their net worth temporarily affected by a billionaire egomaniac?
Yup.
It looks like those tweets are bothering you, hence you made this thread. You probably are annoyed by the fact that Elon Musks tweets about bitcoin has caused some trouble in the market. But yeah, those "troubles" are temporary and it has been happening forever. And it is also really sad to see people fall for those tweets. I mean why are they even following what some "influencers" or a "billionaires" said? If everyone knew those billionaires in the end cares only about themselves, not others, then those people wouldn't be able to easily manipulate the market. |
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No, it is not the best way to invest in crypto currencies. The only best way to invest is through investing your hard earned money on coins that have been in the market for very long, trusted by the people, active development and community. Coins that are very well established. Investing in ICO is very risky. Look at the past years. Most of the ICOs didn't end well. You either get scammed or lose everything. You may make some fast profit, but you have to be very lucky. So its up to you. Are you willing to take high risks?
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I am underage, meaning I cannot own a PayPal, Bank Account, CashApp, etc. Do you guys know any alternatives. I want to know because, If i want to sell some coin, I give me dad the coin, and he gives me cash in hand. But lets say a coin spikes or crashes when hes at work, in that case I wont be able to cashout. Do you guys know any other payment ways to USD?
Thanks guys!
Like others were suggesting, can't you use your dads ID or tell your dad to make an account using his name on behalf of you? You use it and your dad doesn't have to be involved. I know its bullshit not letting you manage your own finance just because you are a minor. I mean how else will you learn if you don't start experimenting early? But make sure you are ready and learn about the risks involved. As for converting it instantly during spikes or crashes, you don't have to convert it to fiat. You can convert it to one of those stable coins and then cash those profit out by selling your stable coins. |
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Hey BTCTalk, I have recently branched out from ETH and BTC to other altcoins alongside those coins, I have seen that Cardano, Nano, and other coins are Volatile enough to make good profits, do you guys have any other suggestions?
Most of the altcoins are extremely volatile. Look at those new ones and the ones that are being hyped. Just be careful with the new ones. They are so volatile that you might end up losing everything within a day. But why are you looking for volatile coins? To make quick profits? Assess the reward risk ratio. Think if the risk is worth taking for the profit you will get. I would highly suggest you to invest in coins that are well established (hence less volatile) and hold them for long term. |
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This was bound to happen. Most of the people were already expecting this drop. The price has been going up for a very long time. So it was indeed making people feel anxious due to suffering from uncertainty. Events and news that went against crypto currencies made people even more apprehensive. Hence, the price drop was finally a relive for them. By for them, I mean those who were planning to hold long term. It's not a "relief" for those who were planning to sell and make quick profit. For others, it had created an opportunity to invest more and maximize their profit.
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I'm currently working at a normal 8-hour shift job, 6 times per day in order to make a living, but I was always seeking some extra income that could be earned at home. Moreover, I'm doing my internship now, in order to graduate, in which I'm working from home, online. However, I do not actually count that as an online income, due to its nature.
I'm interested to see how other members of this community earn money online, either if it's a full income, or some extra pocket money. I used to trade a few months ago, when I was out of work due to Covid-19 restrictions. Likewise, I've stopped now because it was causing me anxiety, while at the same time having limited time due to being occupied with work.
Although I've stopped trading, I invested my money into DeFi projects, the first vault I joined as a liquidity provider, was an algorithmic stablecoin (Bolt Dollar), which resulted in approximately $1.000 in gross profit, before sinking into the abyss. I've now resigned from risky vaults and invested into Stable LPs (Currently in Iron - BUSD). It's a small reward but involves minimal risk and action.
My last source of online income is signature campaigns, I've been in one for quite a while and I wish I had more time to post more, but I do not, I'll prefer to not post crap all around the forum just to get my post count up.
I might not make much, provided I had more free time than I would definitely earn more, but I'm satisfied that I have another method of earning some kind of income. How are you making money? Are you a full-time trader, a DeFi investor? Let us know!
Trading was a risky way to make profit. And yeah, it's good that you stopped since it was causing you mental issues. Signature campaigns work good too, but you won't be earning your living. So don't depend on it. And don't chase after "free coins". You will literally collect dusts that won't even cover your transaction fees. The best way to earn is through selling your skills. If you are good at something, sell it for crypto. This is the only "no risk" way of earning crypto currencies online. |
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Keep holding till when? These are meme coins. No actual usage and very risky to hold. No active development too. The price depends on tweets. Literally depends on someone tweeting about it. Coins like this are better to sell when you are in good profit. Once you are done selling, then wait for it to crash. It will crash eventually. Once it crashes, invest again and keep repeating. This is how all those meme coins right now works. They just need to be hyped. That's it.
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The first time I came into contact with BTC, I felt that there was little difference between e-payment and BTC. However, with the gradual understanding, e-payment and BTC are becoming more and more different.
In essence, electronic payment is the circulation of legal currency in one or some countries, while BTC is the circulation all over the world（ If every country agrees)
No country has to agree. It is a decentralized currency. Anyone can use it. No country in the world can put a ban on bitcoin or most other crypto currencies. This is why decentralization is important. If it was some shitty centralized coins, it could be taken down easily. Even if the country doesn't "agree" with bitcoin, you can still use it. No one can stop you. As long as you are not involved with fiat currency (more like sell crypto for fiat), then your government won't know that you are using bitcoin. |
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I guess this is the cycle that we all are getting used to since the day Bitcoin started to boom with the bull run. I never see it exceeded it's ATH during those 3 years left before another halving occurred. It seems that investors and other large institutional investors are waiting for this to happen since they knew that more people will be joining in the market and they can easily manipulate if they want to make profit.
The crypto market is unpredictable. Who knows, the next all time high might happen even years before the halving. Maybe the halving and the price rise is just a coincidence? Or maybe its because everyone thinks that the price is going to increase, hence everyone invests causing the price to increase. But if you look at the charts, this time it wasn't as much as we expected it to be. The recent price rise was mainly because of huge companies getting into the market. they can easily manipulate if they want to make profit.
I doubt they can easily manipulate the market. When many competitors enter the market, it in fact is going to be harder for everyone to manipulate (unless they all decide to unite and mess things up). |
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I have been trying different kinds of sources to generate passive income from cryptocurrencies
What did I use?
- Interest accounts from Nexo, Celsius, Crypto_com, BlockFi, Swissborg, YouHodler, Nebeus, BTCpop
- Liquidity providing on Uniswap and Pancakeswap
- Staking on Binance, Kraken, Binance chain, Mycointainer, Matic, Perpetual Exchange, Synthetix, 1inch
- Cloud mining from Genesis Mining, ViaBTC, Hashmining24
- Yield farming on Pancakeswap, Pankcake Bunny
What do I still use and why?
-snip-
Are those interest account legit? Isn't it risky to use those services. Do they actually pay you? Since those are centralized services, there is a very good chance that they will be able to deny you any payment. And they could easily exit scam. They may show excuses such as they services were hacked and so on. And is cloud mining still a thing? I thought they were all dead. You either make nothing from them or they end up scamming you. I still remember most of the cloud mining services were just ponzie schemes and nothing else. |
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Sure, you should become a holder when the price crashes unless you on purpose would like to lose money. If you think you can't stomach the price drop, then just sell it. Don't lose your sleep and ruin your health over your investments. It is sometimes good to sell when you can no longer hold. Remember, health is more important than your money. And you should already be able to afford the loss since you were supposed to invest money that you were able to afford to lose. While holding, if you have extra money, you take try trading during the crash as the market tends to be very volatile. Risky, but good profit.
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Lol, all those points are so obvious. You have to be really stupid (or careless) to fall for those scams. I mean if someone emails you or messages you and asks for your personal information and sensitive datas, and you send it to them, then sorry to say, but you deserve to get scammed. I mean this is going to be a lesson for you. I am sure once you get scammed like this, you won't fall for it. Expensive lesson, but totally worth it. Again, if someone uses weak password and doesn't use extra layer of security, then its like that guy is begging to get hacked. -snip-
7. Avoid using debit cards for purchases. This is because credit cards normally offer greater security protections.
-snip-
This one I doubt. All cards have equal security. I don't think debit cards are less secure than credit cards. That would be a big issue. |
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It has to be said. Its common sense. There are thousands of coins. Scamcoin, losercoin, Shiba coin. All real coins btw.
Yes there will be a couple coins that are very valuable in a couple years but the vast majority of them will be worthless.
Only coins that do things will be valuable. Coins that you have that are just there to hopefully go up on value so you can profit will be worthless.
Its like the dot com boom. You are betting on websites. Which website is going to get the most visitors. Most died.
There are literally hundreds of coins in the market. And it is very obvious that most of the those coins are shitcoins that will die soon. Most people know this, but they still invest in those coins. Just in case they get lucky. You either make some quick profit or you lose everything. Look at the market few years ago. See how many of those shitcoins survived. Almost none! Hence, if you are planning to hold long term, make sure you hold coins that are well developed. |
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As China bans bitcoin again while India unbans bitcoin again, this is getting played out. The energy consumption FUD is tired BS. The tweets, the misinformed articles, media FUD, etc. This is all getting boring. The fundamentals haven't changed, and the manipulation is getting boring. Seems like every rally, the same boring FUD comes in and scares the newest wave of recent buyers. It's cool if you bought within these recent few months, but stop fucking panic selling and wait for fuck sake. Don't like the current price, wait. Not giving you a good profit, wait. Fucking hold and wait.
Did China put a full ban on crypto currencies or just mining? Last time I read that China put a ban on mining and was taking down those mining farms and arresting people involved in mining. Weren't they about to launch their own crypto currencies? As for India, they keep on banning and unbanning bitcoin. Like they aren't even sure what they want. The FUD stopped a week ago. People are no longer "concerned" about the energy consumption or market manipulation. Price tanked hard but has started to recover. Slow but progressive. |
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Yes, it's a good risk. You will lose half of the amount you invested the most in the following years. But there is also the possibility that your children will become millionaires. That's why I invested in this way.
Half of the money he will lose in the future if he invests now? Lol, how come you are so sure about this? There is actually higher possibility of making of making very good profit. Look at the charts and compare the long term value. You will see that the price has always increased. This is because in the long run, the price of bitcoin will always tend to increase. The only way he will lose money is if the technology fails which I highly doubt is going to happen. Invest now, hold for decade and enjoy later. |
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If you are thinking of holding, then buy those top altcoins that are well established and has an active community and developers. They are less risky to hold and will unlikely fail. Most of the altcoins that you have mentioned aren't well known. Sounds like a list of shit coins. Yeah, shitcoins will give you quick profit. But you have to be very lucky. Don't hold them for long term. You will likely lose everything. And stop dreaming about getting x1000 in few months.
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Yep, I think the bitcoin ride is nearing an end now. China was the straw that broke the camel's back
What end? Why do you people react like this has never had happen before? lol. Trying to spread FUDs? It's like the thousandth time bitcoin has "died". Look at the charts and previous crashes. It always had happened. Bitcoin can't keep on rising. After a bull run the bear market takes place. Prices drop. This is very normal. Nothing new at all. After the crash, we will see the price being little volatile because there are people buying during the crash and then there are people selling due to the crash. Once everything gets back to normal, we will see the price being a little stable, after which a bull run will takes place. The cycle continues. |
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Nothing can last till infinity. Everything has an end. Maybe after centuries bitcoin might become absurd. Better technologies will emerge that will probably replace bitcoin and other crypto currencies. Or maybe bitcoin itself might evolve to something different than it is right now to match the new system/technologies.
What policies are you talking about? I haven't heard of any policies that are "against" bitcoin. And not everyone sees bitcoin as a scam. Only those who knows nothing about crypto currencies thinks that crypto currencies are scam. And no, bitcoin won't die after 2030 lol.
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