When people start in personal finance or try to increase their wealth, the first thing they think about is saving. Then when they have some savings they think about investing, and the last step I see is to increase their income, which I would say is the one that gives the most results. When you are used to controlling expenses, saving and investing, finding ways to earn more makes you able to save more, invest more and spend more. Even in my case I introduced regular donations, which has not slowed down my progress, on the contrary.
The point is to get off your ass. If you live in a poor area with low income try to increase your income or even consider moving to another place where there are more opportunities.
But don't forget that nowadays with the internet you can earn a lot of money no matter where you live.
I'd say go for finding an alternative way of earning first, before investing. The former you have a lot more control of and has higher potential of earning faster and sooner, while the latter will be mostly be really really slow. Early on, more risks should be taken. |
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Saved you peeps a click: This is definitely not the only block reward graphic though. I've seen numerous iterations of this throughout the years. |
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Bitcoin crashing down at those price points have always been a possibility, knowing how volatile bitcoin is and knowing how uncertain the current economic state is. As always with investing, you just have to position yourself in a way that you can take advantage of both a price increase, and a sharp price drop.
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* Don't forget to spend only a teeny tiny of money on wants, and only buy wants when you have a budget oversupply. Needs first — always.
* Increase your income. Saving can do so much.
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It’s unethical but it’s part of trading to have a movement when the price is stagnant. This is same when shiller is posting about hyping certain things like the price will sky rocket to a certain level without any proof but just faith that it will happened. Trading shouldn’t be one sided and everyone has the responsibility for their own investment so there’s no ethical or unethical when it comes to trading as long as it doesn’t involves direct price manipulation on the exchange through inside trading.
It's totally unethical; no but's. It's like saying scamming is okay because the victim didn't educate himself of scams — it's unethical regardless of how dumb the scam is. |
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Do you really want the responsibility of holding coins in behalf of a person? There's literally nothing for you to win and everything to lose. Think about if it's the case that you get hacked (though hopefully not).
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Not the answer you're looking for — but even if people here are going to tell you to buy bitcoin, invest in neither of you're not willing to do the work to find out yourself.
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I personally don't see anything bad in taking a loan to invest in crypto, particularly bitcoin. For it's just same as taking a loan to invest into normal conventional business which you're not still promised of making profits at the long run cause losses can take place too should business go wrong.
The only issue we should direct our point to is that for you to take a loan to invest into crypto make sure you're well skilled and strategic about the crypto industry not just blindly jumping in with a loan out of believe that by luck it might work. That's when it's bad.
The difference is that you can get rekt regardless if your bitcoin/crypto thesis was right; due to a lot of factors(economy, regulations, FUD, etc). With a conventional business, while there are also factors that could be unforeseen, a huge majority of the results would totally depend on you and your performance. |
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Probably a slightly controversial opinion — but it's either:
1. UI/UX designers find a way for Bitcoin's general experience to be easy enough for technologically-illiterate people
2. Technologically-illiterate people actually makes good amounts of effort to understand it
or, the most likely outcome in my opinion:
3. Bitcoin is simply just for the next generation, which consists more of decently technologically-illiterate people
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And worst of all — good lord most of online banking apps sucks crap(at least in the country I'm currently in) despite the amount of money they're making, like these apps are stuck in 2014 or something.
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Well, yea. What your "mindset" is — pretty much investing for the long term(which what investing in general should be in the first place), is pretty much what's being heavily encouraged here on Bitcointalk.
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Veteran
This would definitely make an interesting rank. Probably requires 5 years since registration, along with like 2000-5000 received merits or something. |
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So it is a non-custodial or fully decentralized payment gateway even if you are not KYC verified you can withdraw the amount to another wallet.
And I tried to read the faqs but it seems Coinbase commerce doesn't require KYC verification.
OP, report it to Coinbase regardless. There are a lot of careless hackers out there that there's a small chance that the hacker might send the stolen funds to a KYC'd account. You already have nothing to lose anyway, and submitting a report takes just a few minutes. |
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we are both newbies, I also feel what you feel. Initially a little confused explore the contents of this forum to get the information we want. We recommend that you use the search option in this forum to make it easier for you to find the topic you want. Search options are on the left of your profile.
Nope. Use Google Search instead, as Bitcointalk's search function sucks. site:bitcointalk.org how to earn merits |
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Supply discussions and talk on scarcity are a couple decades too early. There is currently no shortage of available Bitcoin for purchase and as such no immediate need to implement a new, smaller unit to make it more readily available, and at the time we hit such a bottleneck, there is already a ready solution for it.
True — but despite this, we should still be using a smaller denomination by default (in my opinion) like sats or bits. Buying stuff using 0.000xxx BTC is far less welcoming than using something without decimals. It's easier said than done due to the inevitable different opinions and backlash, but yea. |
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But I think there isn't enough evidence to expect a bull run around halving. We may have a bull run sooner, in 2023, we may have its continuation in 2024.
People see bitcoin's past halving performances as "evidence". But once everyone expects the same exact thing to happen though, that's when things end up moving differently. Maybe the price increase would come far sooner, far longer in the future, or maybe not at all. |
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You can mostly know by doing a quick Google search. And if a certain wallet is fully open-source, chances are, they're going to definitely advertise it as such. The best way to know though is checking if a wallet's source code is reproducible or not. Check this out: https://walletscrutiny.com/ |
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Do they care about what others propose?
Should anyone care what they are doing even if it leads to centralization, if we can't actually stop them?
So bitcoin if centralized, #fork and dump the centralized chain.
The community definitely cares simply because they have the incentive to care, and the community decides in the end which proposals end up being implemented to Bitcoin Core because the community decides which Bitcoin Core version to run. |
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