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If anything it's a sign the bottom is not in. We aren't -truly- in the bottom when shiz like this happens.
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It is what it is, if you are willing to accept the opportunity oh huge pumps and huge dumps. Live by the sword die by the sword, but I would never say -never- touch a hyper volatile coin, it's all pluses and minuses.
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Indian government (maybe other also) say that " to ban cryptocurrency we need global help" my question is : can bitcoin be banned if all government will agree to ban bitcoin
i am something less experience and has bad english so ignore
Well, the closer nations get to a unanimous ban on crypto the more profit incentive there is for a country to be crypto friendly. It's like if all restaurants in your location agree not to sell hamburgers, there is a lot of incentive for an outsider to pop up and start selling hamburgers. In the real world, if USA and EU agree to "ban crypto" and IP ban CEX sites or whatever, foreign nations will just get rewarded by having their own crypto exchanges. It just funnels capital to someone else.
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A slightly more complete list: https://cryptosec.info/checklist- Handle your crypto on a burner laptop which is only used for handling crypto wallets, this eliminates getting your crypto stolen by a trojan you may of downloaded.
Or to make things far more simple — just purchase a Ledger/Trezor hardware wallet. A burner laptop alone isn't enough, as you need to run a more secure Linux OS like Qubes, and not mess things up. There's absolutely more advanced things to do for sure. - Split your crypto portfolio across multiple sources (cold wallet, web3, CEX, etc) that way if one source gets compromised you aren't ruined like people who had their life savings on FTX.
This is a good suggestion. Actually its better to spread it on mostly non custodial sources. Its okay to have funds on cex but those funds should be smaller than your non custodial and maybe funds that are gonna be use for trading purposes. Having life savings on FTX is a grave mistake. Yes its a big exchange but compromise can be suprising sometime. Yeah, there is always an additional point of failure with custodial sources - you and/or the custodian can both screw things up and lose the crypto as we've seen with FTX overleveraging customer funds.
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This post is reserved for an important future update on the project.
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Hello, everyone! We’re announcing the beta version of our project is open and free for public use. What is Boss Track? Boss Track simply shows you the performance of your DeFi portfolio in a simple and clean dashboard!WEBSITE | TELEGRAM | MEDIUM | TWITTER | INSTAGRAM | TOKEN Multiple Chains, One DashboardBoss Track is designed to take the 'clunkiness' out of DeFi which has users switching between chains on their web3 wallet and pairing their on-chain assets to stable coins just to see their portfolio's value. Boss Track takes your wallet address and counts the value of your on-chain assets for you! It is compatible with multiple chains, meaning if you have assets of Ethereum and BSC, you will see both chain's assets you own on one single dashboard. Giving you real time profits & loss statistics of each individual asset and the overall portfolio's performance. Boss Track is currently compatible with the following chains with more to be added soon: - Ethereum ERC20
- Binance Smart Chain
- Polygon
- Avalanche
- Cronos
Start Tracking Your Wallet In SecondsBoss Track doesn't require any download, signup or even site permissions from your web3 wallet. To start tracking your wallet is incredibly simple and fast, all you need to do is go to the Boss Track Webiste and click the "Connect Wallet" button. Then paste your wallet address into the field. Click 'Go' and that's it! Boss Track will show you a dashboard and begin tracking the p&l and price movements of assets in your wallet. Your wallet address is saved into your browser's cookies and you can check the performance of your portfolio at any time.
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I feel pessimistic for the world, just by the pure mathematics of fiat currency and the bogus political system. I am optimistic for myself and my circle though.
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Good topics on security and privacy- Split your crypto portfolio across multiple sources (cold wallet, web3, CEX, etc) that way if one source gets compromised you aren't ruined like people who had their life savings on FTX.
Some people do not have all their coins on FTX, but it would still be painful that what was laboured for was lost with short period of time. Do not keep bitcoin and other cryptocurrencies that you are having on CEXes there will always be the inconveniences of not being your key not your coin on blockchain as you are having no full control over your coins, the centralized exchange has the full control. Keep coins using noncustodial wallet, cold wallet are the safest while open source hardware are recommendable as well. I legit saw someone on Twitter that lost $7m on FTX which was his entire portfolio. How he got to a 7 figure portfolio making such a rookie mistake is beyond me, but brutal regardless.
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Many people get their crypto stolen through hackers, thieves, scammers, keyloggers, viruses and more - here are some quick things you can do to make your Bitcoin and crypto bags much more safe. - Handle your crypto on a burner laptop which is only used for handling crypto wallets, this eliminates getting your crypto stolen by a trojan you may of downloaded.
- Use mobile app 2fa to login to your centralized exchange accounts, NOT SMS 2fa which is vulnerable to sim swap attacks.
- Store your seed phrase PHYSICALLY in a hiding place, write the seed phrase in code that only you understand so a thief can't do anything if he comes into contact with a copy
- Don't tell randos you don't absolutely trust that you have x amount in crypto. Some loudmouths have gotten their crypto stolen from them at gunpoint by telling the wrong people they have crypto.
- Install antivirus software on all of your devices - generally good practice anyway
- Have backup devices of/and including your mobile device with 2fa apps
- Split your crypto portfolio across multiple sources (cold wallet, web3, CEX, etc) that way if one source gets compromised you aren't ruined like people who had their life savings on FTX.
- Cold wallets are your friend.
This should keep you safer than most people in cryptocurrency.
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You know you can go half way and create some content filters and give them guidance on navigating the internet, you could probably do a better job than boomers could of considering you are tech savvy enough to be on a btc forum. I feel there is a golden mean in-between not allowing phones and zero parental supervision.
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How could you not be long term bullish when Biden and his cronies are printing money like absolute fiends with no sign of slowing. I kind of knew this would happen when covid was new.
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Yeah, Elon Musk is an easy answer. He is actually showing it's profitable for companies to not tow the woke party line, which has ripple effects on other companies.
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Crypto is like a city, it's where a lot of wealth is being made and is thus an object of attraction for criminals.
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Absolutely, up until a point of diminishing returns when you become so wealthy you become a target who needs more and more security.
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Play d&d and/or basketball, ye it's a mixed bag.
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The sad thing is, most people don't realize it until it is too late and damage has already been done. Simple checklist, have a 'normal' BMI, pee should be like white wine, don't eat too close to the time you sleep, micronutrients from vegetables of course and so on.
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Structural inflation isn't in the interest of the average citizen, and it's forced upon us by central banks. It's the main reason I'm into Bitcoin: I believe money should be scarce to be valuable.
Right, all that will happen is politicians will see the demand for "combatting inflation" and make some fake rhetoric about how they will "solve" inflation.
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One of the wildest things in politics is how neither side of mainstream politics actually does what their rhetoric is. Mainstream democrat politicians and their voters have a lot to say when it comes to criticizing the military industrial complex, yet not one democrat politician hasn't been a war hawk.
On the other hand, republicans are always criticizing the ideas and practicality of socialism and government control of the economy, yet not one republican president has ever reduced government spending. In short, no matter who you vote for, you are voting for more government control and less freedom - the only difference is the flavor of rhetoric you hear.
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If you are talented, why bother working hard in a society which is no longer a meritocracy? You may as well leave or stay and do the bare minimum to pay the bills - this is a common mindset in many western countries.
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If you ever find yourself being extorted, almost always the best policy is to ignore and block and be as boring as possible. Reason being is that if the extorter is a) a sadist or b) a sociopath who just wants to make money they will quickly lose interest in someone that gives them absolutely nothing in response. If they are in it to cause suffering or make money, they will move on to the next person.
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