First advice, is to consider hiring a Social Media Manager, especially if you have no prior skills in digital marketing or managing professional social media accounts.

Tips I can share on managing and growing an account;
• Have a worthy product; work majorly on building your project, website, art, etc. It's easier to market a product when it actually exists.
• Grow your knowledge of the industry your product is related to; with this you can share useful content and make your page relevant to visitors,
• Be consistent; being active gets attention to your project as it would keep popping up,
• Engage with profiles related to your niche, this can be through comments, joining spaces or sending a dm. Avoid spamming however,
• Repeat.

I'm also hopeful of Bitcoin becoming the world chief reserve currency, and being used for majority of international trades, but it's improbable that it would be the next one, if at all it's going to reach that status as lots of government politics goes into that.

There is likely to be at least one more currency which would topple USD as the global currency in the next century before Bitcoin would be globally accepted.

I must confess, I initially thought it would be a post about you getting robbed off your phone which you normally don't go out with; Great it turned out to be an inspiring post about helping others out and also utilizing Bitcoin as a currency.

I agree that poverty is a thing in every part of the world, but it's an exaggeration to say 1st world countries are among the most number of people living in poverty.
The so called "third world countries" are actually characterized by extreme poverty and poor standard of living, significantly higher than in other regions. The current inflation and economic collapse is actually affecting every part of the world.

Spamming of referral links around the forum would definitely be breaking No. 4 of the unofficial rules.
That may not apply here as the user is not sharing referral links, but rather backlinks to their website (I assume both the profile and the website are affiliated, judging from the name).

This still borders on spamming in my opinion; as the user is recklessly creating threads to try and increase the traffic to their website.

Great initiative and kudos to you for taking out the effort to do this. In my experience schools do not require this course in the curriculum, so it's most likely an elective which you added for the pupils; if they are interested, which I feel most teenagers would be.

If you plan to teach  things like this to kids, I believe a kid friendly approach should be used. The idea should not be to make them aware of who invested Bitcoin or what is the first cryptocurrency, rather they should try their knowledge in understanding some concepts like decentralization which I feel, would peak their interest.

Also, images, graphs and charts could be used to further simplify the concept to them.

It doesn't go to any particular mempool. When you create and broadcast a transaction, nodes who act as verifiers, check through this transaction and add it to their mempool if it checks out, they can also broadcast this transaction with other nodes and it gets added to more mempools (after they do their checks of course).

Miners can check and chose which transaction to add to their blocks.

So many errors were made during this transaction that it would have been a miracle if he had pulled it off successfully.

• Firstly, the risk of driving and using your phone exposes the user to lots of potential harm and already creates a huge distraction that could affect how well your friend could complete the transaction.

• Then the idea of storing addresses into your keyboard is high risk as one could suffer keyboard hijacking.
And it doesn't make sense to save multiple addresses when you can easily get them from the wallet you intend sending to,

• Lastly, relying on memory to chose an address to send to is totally wrong and the risk of error is high.

That's a quite costly lesson on not getting to complacent when handling finances, especially one you have full control and responsibility on.

Investment as a concept is not a get rich quick scheme, it's a slow process which takes time to build up. Investment does not replace income, it's rather a means of purchasing assets and not putting your income into liabilities.

Bitcoin technically does not require a huge capital, you can buy fractions of it and hodl. But, most people would rather invest in altcoins with less value as it's believed they have a higher potential for growth, similar to Bitcoin when it was less that a dollar; but many of the time this is not the case and most end up losing money in the long run.

I agree fully with the first part, no amount is too small, but diversifying in crypto is one way to get easily rekt, especially when you don't have much to invest.

Build sources of income and find a percentage to invest (DCA) for the long term. (Could be 10-15 years, or more)

No, I literally said the opposite that the value of Bitcoin has grown so much that the value cannot be hugely influenced by the purchase from a single institution or company.

There are a long list of companies which have held or hold Bitcoin in their balance sheet or have accepted it as a means of payment for the goods or services they offer; So Telsa announcing a Bitcoin purchase would surely create some traffic, but would not massively affect the price as you suggest.

My first question is, if you're limiting your investment options to only cryptocurrencies or by diversifying you mean entering into other industries?

If you're referring to crypto;
True diversification does not really exist as all coins are within the same niche and mirror the price actions of each other; so when the price of Bitcoin goes up, about 90% of coins would go up with it and same thing happens when it goes down. So, you'll have a portfolio which would likely be in red or green at the same time.

If you're considering different markets;
Firstly, you should do your own research. There are lots of investment options, so you would have to read up and understand more about any investment venture and choose how best to diversify your capital.
Bitcoin is a good investment option, there are also other options like real estate, precious metals etc.

Bitcoin does not need government approval to be used as a currency globally, and a currency doesn't have to be a legal tender.

There are already so many examples of Bitcoin being used as a currency to purchase goods and services globally, it's not the most adopted as at now, but it certainly is being used.

This is a yet simple but important advice to safe one from costly errors.
Any action such as transacting, creating a wallet or backing up requires extreme level of attention regardless of how many times you have done this before.

I consider it best to stick with one method of access; For example, if you mostly use your PC to access your crypto stuffs, then stick to that as much as possible and same if you he a mobile device.

Sorry for your loss.

Recognizing how easy it is to make mistakes is the best way to avoid them; it's even possible to inadvertently click on a suspected malicious file without meaning to.

Best way to avoid this is to hold the bulk of your funds in a hardware wallet or an air gapped device, this way we cannot make any silly errors which would cost you big time.

To give an assessment on which website could be most accurate in determining the next Bitcoin halving, it would be important to check how close they were to the actual dates of previous halvings (if they existed then), and how much their estimation has aligned with the network so far in this halving as we are more than half way through (in blocks at least)

Of course it could just be a mere coincidence if any is more accurate and your guess could be as good anyone else's. Considering that factors such as price changes, government activities etc; which no one can predict, could affect the estimation.

I understand you should know what you're doing, but I will just point out that the bottom doesn't always correlate with the halving date.
As the halving draws closer investor sentiments usually start to grow as it attracts lots of attention, and investors; Who think buying before the halving and hodling is a fast way to get profits.
This could result in price spikes around that period.

If the purpose of taking out a loan is to avoid liquidating other assets you own or to reduce your tax returns on your investments, then it's not such a bad idea as long as your friend is financially educated and responsible enough to understand and manage the risks involved.

But, if your friend plans to take out a loan cause they do not have the resources to purchase now, but feel it's a good price to buy at and wish to take advantage of that, then that's a huge gamble I would not advice anyone to do.

High risk investments are not things you dabble into in the hope of making a quick buck, cause they are largely unpredictable especially in the short term, and most loan durations do not go long term and would accrue more interest as time goes.

Sorry for your loss bud. It sucks to get weaseled out of your hard earned funds and more so when you don't know who did it or how it was done with certainty.

It's not a wise choice to have one address spread over different devices. A hardware wallet is definitely the best option, but if you must use a wallet on a device for regular transactions, it's best to install it on the device you use least to access the internet; This was you limit the level of exposure to hack attempts and can also be certain where a breach occured through in the off chance that it happens.

Peter Schiff has been wrong many times about Bitcoin over the years. Constantly predicting crashes and then getting vocal during bearish market cycles which is a pretty normal scenario in every market, only to go silent again when the bulls take over is not being smart or seeing things early, it's just being a critic; and not a constructive one at that.

At best, he is just being polarising cause he knows Bitcoin is a trend that will get him traffic and the more insane his criticisms are the more audience he gets.

It's a very silly error thinking about it in hindsight.
When backing up seedphrases, I'm usually careful with every word and enter it right afterwards, i.e, try to use it to recover the address. On this particular occasion, I was in a bit of a hurry so I was sort of careless in the backup and did not confirm the seedphrase after finishing up. Fast forward to a few days and I wanted to import that address into a different wallet software and only then realized that I got 11 words and not 12  

Thankfully, I had a backup for the password I used on the initial wallet and used that to access the seed phrase directly, which saved me some blushes. I was actually surprised I backed up the wallet as I expected that I would have forgotten to do that as well.

Great advices you got there.
Learning is the only constant and no one goes above that.

Sorry for the hard lesson. We all are prone to mistakes which we would consider silly retrospectively.

It's still very early in Bitcoin adoption, so you have not missed the train yet.

You do not need in-depth understanding of codes or blockchain to be able to wrap your head around the basics of Bitcoin or to actually use it in a transaction or store it in a wallet. As long as you have been using a smart phone or a computer (which you obviously have with this post) then you can understand and use bitcoin.

There is a healthy bunch of knowledgeable members and also a good amount of trolls. Learn from the former and ignore the latter; this is the internet after all.

My advice;
• Identify what resource you learn best through, could be videos, podcasts, books etc.
• Find useful content that would help you understand the basics of Bitcoin. You can also drop your preferred choice or resource here and other members can chip in with suggestions,
• Take it a step at a time,
• Realize that you do not need to understand the whole concept of it inorder to use it.
• Read useful posts here such as;
https://bitcointalk.org/index.php?topic=1689727.0 (for beginners to the forum)
https://bitcointalk.org/index.php?topic=703657.0 (forum rules)
https://bitcointalk.org/index.php?topic=1631151.0 (about wallets)

The usual theme of discussions we get around here is advice to 'newbies' on what to avoid and what mistakes not to make in crypto; considering you are your own bank. This is in order, as taking responsibility requires one to be responsible for their actions and inactions.

This thread was inspired by an error I made when backing up a seedphrase recently and it is to draw awareness that experienced crypto users or those who have been using it for a longer time period should not get complacent as they are open to mistakes and errors which could cost them.

Some tips which I consider to be helpful;
• Always pay extra attention when backing up a seed phrase,
• Always triple check all information about a transaction before signing, this includes address, amount and fee,
• Avoid clicking on random links and bookmark important websites,
• Your memory is not a reliable backup, for passwords or seed phrase. Have a place you store useful information which you can easily access.

This is a short list as more experienced users usually have things covered, just try not to get comfortable.

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I'm curious to know, are there any errors you've made as a regular user of cryptocurrencies?
Do you have tips to avoid such?