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21  Other / Beginners & Help / Re: Beyond crypto, we are being scammed by scammers. on: March 13, 2024, 04:02:35 PM
I already wrote to you that you should report the case to the police, especially if you suspect that the fraud came from a company that you believed to be legitimate. It is possible that someone from that company stole your personal data and used it for this scam, or that the whole company was actually just a cover for collecting personal data that they then used for their dirty business.
Thank you for supporting me with proper advice. However, after the accident, I also felt the need to file a police case. But I went back after thinking about many things. I did not have the courage to file a case at the police station; I was scared. Because the company is very well known and trusted in my area. I kept coming back, thinking I couldn't handle the case with such a reputable company. No one will believe. No one will support me. I need some proper evidence with which I can prove myself. I myself gave them the OTP number. In that case, what else should I do?
   I don't know much about the law, and I don't have enough money to file a case with the police right now. Moreover, the accident happened a month ago. I can't say with a hundred certainty who did this scam with me. Who is to blame? Should I take any action in this situation?
    Meanwhile, my loss was huge for me because I was saving little by little to invest in Bitcoin. That afternoon was like a nightmare for me; Within minutes, I was losing my hard-earned money. For a few moments, I found it hard to believe that I had confessed to cheating. I can't tell my family or anyone about my loss, and I can't bear it myself. When it seems too much, I beat myself up for my own stupidity. Maybe after some time I will get over my loss, but only these moments will pass through the sadness.
   However, I learned a great lesson from this scandal. Never be greedy, fearful, or panicked. You have to deal with these fraudsters with a cool head and think about all aspects.
22  Other / Beginners & Help / Re: Beyond crypto, we are being scammed by scammers. on: March 12, 2024, 09:54:55 PM
The whole outcome in your story was a fault all yours, and I will tell you why.

Firstly, you didn't participate in any lottery yet someone strange guy came up with a cooked strategy that you have won some cash 18,500 and out of greed for free money you couldn't ask him salient questions about  what really led to your winning a lottery money when you never participated in any.

Secondly, as an entrepreneur you are expected to be smarter than this never to panic or be too rushy over things of this nature, it all entails that you could easily sell out your company to fraudster if you had had one. Under Fiat OTP number could be likened to the seed phrase of your crypto non-custodial wallet, you don't for any reason let a third party has access. I tell you, the scam surge in cryptocurrency nowadays is higher than it is with fiat, so learn from your mistake so you don't repeat it with your crypto asset.
I accept that it was my fault, because I know that OTP number should not be shared with anyone OTP number is like wallet access, and I will lose my funds by sharing it with anyone But in this case, I can't blame myself entirely; I am also explaining the reason.
   I got a call with the name of the organization I applied for the grant (from the scammer). And besides, not only me in that organization, many other entrepreneurs like me applied for grants in the organization. And from there, it is said that some people will be selected and given grants through lottery. And the recipient of the donation will be notified via email. However, by then, the lottery selection process was over, and I did not receive an email. (Sorry, I forgot this while talking to the scammer.) So I gave up hope of a grant and started preparing myself separately for my venture. Although I find these types of phone calls suspicious, they were draining my brain in the process. So there was no time to think.
    Later, I tried to contact the company about the matter, but the result was not as expected. I am not sure, yet I fully believe that someone from that company scammed me. Otherwise, who other than them will know my personal confidential information, which I have given to that organization through KYC?
23  Other / Beginners & Help / Beyond crypto, we are being scammed by scammers. on: March 11, 2024, 07:53:05 PM
Knowing and understanding everything, this is the first time in my life that I have been cheated by fraudsters. How?
    I was an entrepreneur before entering the crypto sector. But due to various problems, I had to resign from entrepreneurial life. Anyway, a few days ago, I got a call from a popular organization of entrepreneurs. A person claiming to be the manager of the company (a scammer) called me and told me that I had won a lottery from their company and received a grant of 18,500 (local currency). If I give him my bank account or credit card number, he can send me the donation. I was skeptical at first, but later I trusted him for a while as he told me that all my personal information was absolutely correct. Because earlier, I applied for low-interest loans and grants from various organizations to boost my venture in my entrepreneurial life.
    But trusting him for a moment disappointed me. He told me that he emailed me three days ago, but I didn't reply, so he called me himself because today is the last day to receive donations. I should give him the bank account number or credit card number now, or I won't get the donation after the time is up. They were doing everything in such a hurry that I didn't have time to think about anything and got a little greedy. I gave him my credit card number, but after a while, he called me and said there was a problem with my card. And the grant wasn't going through, so if I don't fix it now, I'm going to be in big trouble. . . . .
I was nervous as well as scared. The fear was so great that I forgot that I was being deceived. They were deceivers. He told me that now I have to give my card's OTP number to fix the card. If they don't know the OTP number, they can't do anything, and the problem won't be solved. They menuplate me in such a way that I lose my presence of mind and give them the OTP number of my card. And after payment, he withdraws 18,500 (local currency) from my credit card. This is not the end. The second time the same thing happened to me, I refused to give the OTP number, knowing everything. When I called the guy that time, the number was blocked, and that's when I realized I'd been scammed.
     My brain got activated, and I immediately checked my mail, but I didn't get any mail about this. I was so angry with myself that I could not express it in words. I wouldn't have fallen into such a big scam if I checked my mail earlier without being afraid of his words. Both my greed and my fear have harmed me greatly.
  There are plenty of scammers outside of the crypto world that we are constantly getting scammed by. Such events often happen in earthly life, but still, we all knowingly panic or fall into temptation. I shared what happened to me as a result of my knowingly careless behavior. I want to warn everyone: If you get such a tempting call, do not share your personal information with anyone out of fear or greed. No one should make the same mistake as me.
24  Bitcoin / Bitcoin Discussion / Re: Bitcoin Bank - Safely store your bitcoin on: March 10, 2024, 02:14:20 PM
We all know that Bitcoin is a non-custodial digital currency, not fiat. So Bitcoin being decentralized makes it popular and loved by everyone, and Bitcoin cannot be stored in banks.Moreover, central exchange platforms are more like centralized exchanges. So storing coins here means your coins are no longer in your custody. The coin will become owned or controlled by a third party.Where you can own your own bank through a wallet with enough security and precautions. Storing your coins in the center is at your own peril.You must know more about centralized exchanges, or KYC, and Bitcoin decentralized exchanges.
25  Bitcoin / Bitcoin Discussion / Re: Investing into Bitcoin as self pension on: March 09, 2024, 02:46:02 PM
In the country where I live, most people rent houses or build apartments to provide for their old-age pensions. They have yet to educate themselves on Bitcoin investing. So they think Bitcoin is not a retirement pension for them. But they also forget that there is a cost to build a house and government taxes to pay, so they could have easily invested in bitcoins for a long time and got great returns for a while, so they could spend their free time happily. But alas, they are depriving themselves of the benefits of Bitcoin investment.
    On the other hand, investing in Bitcoin is undoubtedly a great investment, but we don't know what will happen in the near future. Even if the price is skyrocketing now, the price may come down. This is important to remember. I'm not scaring you, OP, just reminding you of the pitfalls of Bitcoin.
      However, from what I've learned so far about Bitcoin, I think some of our income should be invested in Bitcoin for the long term for retirement, as well as other options and holdings to grow pension funds. So that if we lose in one investment, we can compensate that loss with the profit of another investment.
26  Bitcoin / Bitcoin Discussion / Re: DCA: the power of little beginning on: March 07, 2024, 08:59:13 AM
DCA is one such method; It has been termed as the most convenient way to gradually accumulate bitcoins without worrying about bitcoin price movements. DCA is a very simple and effective investment method for Bitcoin investors, and it is currently one of the most popular savings strategies in the crypto sector. However, many investors ignore this method because using this strategy means you have very little chance of making really big profits. As a result, they are patient and don't care about long-term results. But we also have to remember that it is better to accumulate a little than nothing because we have to work our way up from the bottom. If we don't have enough money to invest in Bitcoin, we can start investing with DCA method with small amount of money. This is a good choice or plan to collect bitcoins, as it helps you get a decent amount of bitcoins based on the investment amount.
27  Bitcoin / Bitcoin Discussion / Re: Does any meme coin has the ability to challenge bitcoin dominance ? on: March 06, 2024, 06:03:31 PM
 do you think that any meme coin has the capacity to challenge bitcoin dominance ?
Why do you think so, and where did you get this idea, OP?
    Bitcoin is a decentralized basic currency that is immutable, highly secure, market-dominant, and technologically strong, leading the cryptocurrency industry forward.
    On the other hand, memecoins are short-term, volatile, speculative altcoins, as a result of which these coins offer some short-term high positive volatility. But that doesn't mean they have any chance of overcoming Bitcoin's dominance. No meme coin will ever challenge Bitcoin's supremacy.
  We should note that BTC can never be compared to other cryptos. Bitcoin has been dominant in the past and will continue to lead the popular and top local cryptocurrencies in the near future.
28  Bitcoin / Bitcoin Discussion / Re: Just a friendly Bitcoin friend reminder - High price = more scams on: March 05, 2024, 09:08:52 AM
You have given very good advice, OP, which is quite apt for the current times. Because the Bitcoin bullrun has already started. And as Bitcoin continues to rise in popularity, scammers are coming up with new ways to scam us. And we also ignorantly or unintentionally fall into the trap of scammers, which is a huge harm to us later. Especially those who are new to crypto are the first targets of scammers, who drain their funds by tricking them with various tempting offers.So it is important to be very careful to keep our wallets safe and avoid clicking on phishing emails. I am responsible for protecting my wallet.
29  Economy / Speculation / Re: When is next significant correction coming? on: March 04, 2024, 05:42:25 PM
No one can say when the bitcoin correction will come, and it is impossible to predict. Because Bitcoin is a volatile currency, no one can accurately predict its price due to its high volatility. We can only make a guess based on the past trend and current state of Bitcoin.
    So I think if you have enough money that you are ready to lose, then it is better to invest in Bitcoin now rather than wait for the price to drop. Because the bull run has already started, expect the Bitcoin price to surpass the last ATH. Next month is Bitcoin halving time. So we have to patiently wait for the next time to get a good profit by investing.
30  Economy / Trading Discussion / Re: Isn't trading almost like gambling? on: February 26, 2024, 02:35:19 PM
Making money in any investment requires risk. Both trading and gambling involve a lot of risk. But business is not gambling; business is mastered. Trading is considered gambling only when one has no knowledge or experience in trading. But gambling must be left entirely to luck, where no skill or trick is of much use. On the other hand, apart from luck in trading, you need deep research, market understanding, skills, and knowledge of different strategies.
31  Economy / Gambling discussion / Re: What is the highest amount of money you've ever bet in a single game? on: February 25, 2024, 01:08:48 PM
It's a pretty forward and simple question, which is...
1. What is the highest amount of money you've bet on a single game in the past?
2. Did you win or lose that game?
3. Was it an amount you were actually ready to comfortably lose?

Gambling works like an addiction for me. Although we know that gambling addiction is harmful, sometimes we indulge in it too much.
  The last time I bet was on the 2023 Cricket World Cup, which was the 13th edition of an international cricket competition. The match was held on November 19, 2023, between Australia and India in the final. I placed my maximum bet of $200 on the game. The match was very exciting, and finally, luckily, I won my bet as Australia won and took the World Cup.
   It was my life, although Australia was playing great, but the game was a breathtaking match for me, as I was never ready to lose my money. I was risking a lot, and finally, thank God, I was winning.
32  Bitcoin / Bitcoin Discussion / Re: Invest in Bitcoin, for long time Holding on: February 24, 2024, 05:07:10 PM
It goes without saying that Bitcoin investments must be held long-term to reap good returns. Because short-term bitcoin investments cannot expect much profit, Bitcoin is a volatile currency that fluctuates in price. Although it is very profitable, it also carries a lot of risk. Most newbies rush to invest in Bitcoin but get emotional after some time when the price drops. And instead of taking risks, they sell their investments, fearing losses. We should remember that the most important thing in Bitcoin or any investment is patience and trust. If you want to get more profit by investing in Bitcoin, don't panic and hold on for long with patience.
33  Bitcoin / Bitcoin Discussion / Re: Is it too advanced to get into Bitcoin now? on: February 20, 2024, 09:17:35 AM
So OP, what price do you want to buy Bitcoin at? $30k? well there is a very good chance
that $30k will not be seen again, we might not even see $40k again!

If you are waiting to time the absolute bottom of the market, good look to you, the bottom
could very well be todays market price!

Or you could wait a other 3 years an take the chance that the bottom of that cycle could
be $45k but in the mean time you missed out on this Bull run.

I don't have enough money that I would be willing to lose it or that I could invest in Bitcoin and enjoy the benefits of the next bull run. But sometimes, to take advantage of Bitcoin bull run, I make myself greedy to invest in Bitcoin. As a result I want to invest in Bitcoin by taking money from family or borrowing money in hopes of double profit. Since Bitcoin is limited, the bull run hasn't started yet, and Bitcoin is getting halved. On the other hand, I am afraid of losing. Now I am at a loss as to what to do. So I'm waiting for the price to drop to $25K–$30K. I don't know when Bitcoin will come back to this price.

I want advice, without being greedy, should I wait 2/3/4 years for the price to drop?
  Or do I need to take the risk and invest in Bitcoin now?
34  Bitcoin / Bitcoin Discussion / Re: What do you stand to gain from the bull run. on: February 19, 2024, 07:24:31 AM
For procrastinators, It's high time you all start accumulating Bitcoin aggressively through the DCA method, so that you wouldn't be left out from such an amazing opportunity.

Some people are just procrastinating because they either don't have the money yet or they are waiting for bitcoin to fall back to the price they saw it at the time they first came across it, which they might never see, or even if they do, it won't be now. I know of someone who is waiting for the bitcoin price to drop back to $12,000 before they can invest in it, and he has been waiting for this, yet the bitcoin price seems to be disappointing him. lol. 
 
There are also those who would love to be part of a Bitcoin investment but don't have the resources required. It's someone who has enough to sort their little bills for their needs and can be able to spare some for a Bitcoin investment. 
 
This won't be the only bull run to come; we have experienced many, and there is still a lot to come. So there is no need for pressure; everyone will invest when they have the resources, and there is always an opportunity in Bitcoin.
Thanks for sharing your experience on the bull run. I am new to the crypto sector and recently started learning about Bitcoin and its importance. So I was a bit disappointed not to be among the beneficiaries of the bull run in Bitcoin. I haven't invested in Bitcoin yet. I have a lot of desire to invest in Bitcoin, but I don't have enough money that I can afford to lose. So I expect Bitcoin to drop from the current market price of $51K to $22K-$25K. But I don't know if Bitcoin will ever come back to this price.
As you suggested, this won't be the only bull run, and there will be more to come, so I'm not stressing myself now. I will only invest in Bitcoin when I am not afraid of losing it, although I am trying to invest in Bitcoin using the DCA method.
35  Other / Beginners & Help / Re: What significant impact is expected of new members of the forum? on: February 18, 2024, 06:02:38 PM
OP If you really want to learn like a beginner, don't rush, be patient, and spend enough time on the forum to learn. Because the forum is an ocean of knowledge. Every board can widen our scope of knowledge through proper application. There are many valuable and important discussions here, which will help you a lot to contribute to the forum. Post if you want to know something and do your bit to inform or teach us with accurate information by researching what you know that has never been discussed in the forum before. Take your time without fear, and continue your exploration of the forum with confidence. If you put time into the forum, the forum will not return you empty-handed.
Enjoy your time in the forum. All the best.
36  Other / Off-topic / Re: Relationship not marriage, a need to be careful with the information we share. on: February 17, 2024, 06:21:37 PM
This is where we humans stumble the most because we trust them (boyfriends or girlfriends) the most and give them all our secrets. informs In fact, our emotions work, not our intellect. If the luck is good, the relationship is fulfilled through marriage, and if the luck is bad, they leave each other in the middle. This kind of thing happens quite often these days, so it didn't surprise me.
      Here, I am not blaming this guy because he was emotional then, and the depth of the relationship between them was so intense that he emotionally shared all his personal secrets, considering him his closest person. In fact, at that time, it seems that both of them complement each other. But later, he is cheated by the girl; his love is cheated; his faith is lost; and he is broken.
   Well, why do we forget that it is not okay to share any kind of personal information until the marriage starts? We can be deceived because it is impossible to understand what is going on in someone's mind. No one is yours; unscrupulous people hide behind the mask of love. So to keep your emotions in check, it's wise to keep your personal information safe, secure, and private from everyone, no matter how close they are to you (except family).
37  Bitcoin / Bitcoin Discussion / Re: Knowing when to own your bitcoin on: February 17, 2024, 07:12:43 AM
If your story is true, then, OP, you are very lucky indeed. Because the current market price of Bitcoin has reached $52k, you are already able to earn almost twice as much. Congratulations to you!
       However, if you want to make a profit in cryptocurrency, you have to take risks. And because you bravely took that risk with patience, you have now earned a decent amount of money in return.
    If you are not in a hurry, you can continue holding calmly and patiently without getting excited. Because the bull run hasn't started yet, and when it does, we don't know how big it will be. So keep your emotions in check until the new ATH hits.
    Also, you must always be alert about the market price and situation, as anything unexpected can happen in the Bitcoin market. But of course, don't make the mistake of taking your profit when the time is right.
38  Other / Beginners & Help / Re: Post quality matters than replying fast on: February 16, 2024, 11:42:11 AM
Not everyone's understanding is the same. No one spends time to understand, easily grasps, or expresses his opinion. But there are some people who take a long time to understand because they are not familiar with the phrase or phrases and take time to find out a lot of information. So they can't easily express their opinion in any thread. But there is no problem with that. The point is, whether you express your opinion on the first page or the last page, your competence depends on how much you know, understand, and write.

I speak for myself when I express my opinion on the front page of a thread, but it doesn't happen anymore due to my inability to easily understand. It takes time for me to understand, but by the time I understand, I see that thread is already 2–3 pages long. Which is why I no longer comment in frustration. At that time, my thoughts were like this: so many pages have become that it is not right for me to comment on who will read my writing (although these are thoughts). I was very scared. But still, I dare to put my thoughts aside and hold my opinion. Rather than hastily, unknowingly posting on the first page (within 1–5), it is bound to be seen if I put a quality, informative opinion on the last page.
39  Bitcoin / Bitcoin Discussion / Re: Be very careful and attentive when selling your bitcoins on: February 15, 2024, 05:14:45 PM
This is very sad, but it is a great lesson for him because he may have been too hasty or careless. As a result, he is facing a big loss today. Because losing such funds these days can be really depressing for anyone for a long time.
        Although crypto is open to all, it is a complication or barrier for many. So cryptography is not for everyone without proper knowledge. This is why one must do enough research on popular and reputable exchanges before selling BTC. Because popular exchanges usually have high liquidity, when exchanging BTC, take your time, take various precautions and use exchanges with high liquidity, including avoiding third-party transactions.
40  Bitcoin / Bitcoin Discussion / Re: How do cryptocurrency increase the standard of living on: February 15, 2024, 09:59:45 AM
It is difficult for cryptocurrency to raise the standard of living in areas without education or proper infrastructure for its use. I see this as very difficult, if not impossible.

Working in Bitcoin and cryptocurrencies requires knowledge and experience to deal with technology. This also requires the presence of an appropriate infrastructure such as electricity, the Internet, and communications necessary to deal with cryptocurrencies.

Many rural areas in many countries of the world do not have the Internet or communications, and some of them do not have electricity or computers, in addition to the low level of education, so I do not see how cryptocurrencies can work there.
Without proper or adequate knowledge about technology, a person may face major problems in the future. It goes without saying that raising the standard of living is never possible without education. Working in the crypto sector, in particular, requires educated people who are more technically savvy. In this case, it is natural that those who are less educated and do not have proper knowledge about crypto or bitcoin will be left behind.
     But I believe that when crypto becomes widespread and technology develops, many things in our current world will change. This lack of understanding on their part can be easily addressed through enlightenment programs organized across the country. So it is not a complicated problem. Technology has and will continue to improve over time. Then they just need to spend some time learning about current technology and Bitcoin.
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