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2481  Other / Beginners & Help / Re: Is there best way to seek people's attention on bitcoin? on: November 29, 2022, 03:14:43 PM
Just casually mention Bitcoin, then explain it thoroughly but briefly if they actually asked and was curious about it. You don't need to shove Bitcoin down people's throats.
2482  Other / Off-topic / Re: Reuters Report: Crypto among highest-growing topics on twitter on: November 29, 2022, 03:00:53 PM
Hard to not expect crypto to be a high-growing topic on Twitter(or any other social media platform) knowing how big the FTX/Alameda/BlockFi/etc debacle was in the broader markets.
2483  Bitcoin / Wallet software / Re: Is there good wallet decentralized app ? on: November 29, 2022, 12:46:42 PM
Probably the only 'truly' decentralized wallet we have today is Bitcoin Core, along with probably Electrum due to it's diverse contributors. Maybe you're looking for something non-custodial and open-source, rather than actually decentralized? Because a wallet not being decentralized is totally fine.

Also, I don't think it's possible to have a decentralized wallet and have a debit card connected.
2484  Other / Beginners & Help / Re: Why you should never try to time the market bottom on: November 29, 2022, 12:26:43 PM
YouTubers can't be trusted.

With most, yes — but not all. Lots and lots of great content on YouTube; you just have to find the needle in the haystack. It's mostly the YouTubers that do interviews than those sort of "coin reviews" who put out good content.
2485  Economy / Trading Discussion / Re: What to do when trading gives you heart problem. on: November 29, 2022, 06:02:19 AM
Dafuq is this. Screw being careful and mind conditioning — if you get heart problems, immediately go to a cardiologist lmao.
2486  Other / Beginners & Help / Re: Why you should never try to time the market bottom on: November 29, 2022, 05:09:04 AM
People ever trusted YouTubers?

There's a reason why these YouTubers have a huge amount of following[1] and that a lot of the "promoted" coins/tokens has the typical _/\_ chart formation.



[1] The utter dogshit YouTuber that is BitBoy has 1.45M subscribers
2487  Other / Beginners & Help / Re: about cryptocurrency on: November 29, 2022, 04:32:22 AM
I'm really curious about what you all think about cryptocurrency.

You're asking Bitcointalk — a Bitcoin/cryptocurrency community what they think about cryptocurrencies. You know what answer to expect, right?


I've been wanting to start investing in it for a while now, but I feel like I don't know enough about it to make good decisions. Do you have any advice?

Study it and make your own decisions.

* If you like reading articles: https://coindesk.com/learn
* If you like reading books: https://theinternetofmoney.info/
* If you like watching videos: https://www.youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj

Security related:
* https://cryptosec.info
* https://www.lopp.net/bitcoin-information/security.html

If you want to get more technical
* https://github.com/bitcoinbook/bitcoinbook#chapters
* https://github.com/ethereumbook/ethereumbook#chapters
2488  Bitcoin / Bitcoin Discussion / Re: Bitcoin Adoption Will Increase 50% above Its current level in the coming Year on: November 29, 2022, 03:51:29 AM
A person with a lot of work-at-home friends here — literally all of them still use either wire transfers or PayPal to receive their wages, not bitcoin/crypto. It's unlikely for the typical person to use bitcoin/crypto unless PayPal isn't available.
2489  Bitcoin / Bitcoin Discussion / Re: Bitcoin,the bedrock of investors. on: November 29, 2022, 03:31:44 AM
Investing in general is just some sort of 'tool' that people can use to potentially create or preserve wealth. It'll have both positive and negative impact on people's lives depending on who you ask.
2490  Economy / Speculation / Re: Bitcoin cycles, this is the cyclical minimum on: November 28, 2022, 05:45:23 AM
Bitcoins dont give a shit about some DeFI exchange going under. Seen  it all before, many times.

Just a heads up if ever you're actually referring to FTX: FTX is not a "DeFi" exchange; it's a typical centralized exchange like the Binances and Coinbases of this very industry.
2491  Other / Beginners & Help / Re: What is Bitcoin Mixer used for? on: November 28, 2022, 05:33:40 AM
If you "mix" your bitcoin, it pretty much makes your bitcoin's history significantly harder to trace assuming you're using a good mixing service. The downside being some exchanges blocks deposits from mixed (or "tainted", as most of them call it) bitcoins.
2492  Bitcoin / Bitcoin Discussion / Re: FTX drama stressing people for no reason | How to stay neutral on: November 27, 2022, 08:05:33 AM
I get the whole FTX issue, but if you really are into Bitcoin & crypto, then why haven't you kept your exchange wallets in check? I personally almost never used exchanges. P2P is what bitcoin is really about.


If you trade bitcoin/crypto — especially with leverage, then you pretty much have no choice but to leave a chunk of your bankroll on FTX or whatever exchange. The only problem is if people leave funds on exchange unnecessarily(with funds not being actively traded).
2493  Alternate cryptocurrencies / Altcoin Discussion / Re: I will support Elon Musk if he creates a stablecoin for Twitter on: November 27, 2022, 07:03:06 AM
1. Creating a stablecoin for a specific platform is a waste of time

2. The stablecoin needs to be backed by something. Elon obviously can't just pay people $1m per day as the stablecoin will instantly nosedive in value regardless if it's backed by something or not

3. You probably need to spend more time in understanding how markets work
2494  Economy / Trading Discussion / Re: Long term Crypto winning strategies on: November 27, 2022, 06:47:03 AM
Easy: dollar-cost averaging bitcoin for years and years

Intermediate: do heavy research on crypto narratives that would likely go hot, and wisely pick likely-undervalued coins/tokens in that category.
2495  Other / Beginners & Help / Re: Is it possible to get bitcoins for free? on: November 26, 2022, 02:00:31 PM
What apparently no one takes into account is that these questions are mostly asked by very young people who cannot yet do anything "productive" nor can they legally buy BTC because they are underage. Sometimes it may be better to spend a little time on something than to invest directly, and besides, there are much worse ways to waste time, such as watching TV or playing games, which have become the daily routine of a large number of young people.

I guess being underage is a totally valid excuse.

Still though, if I was underage, I'd rather play online games(like RuneScape) with sell-able in-game items. Some games can make you earn decent money(if you're in a 3rd world country) if you have a decent account and a decent in-game moneymaking method.
2496  Other / Beginners & Help / Re: Should I invest in cryptocurrency or start my business? on: November 26, 2022, 11:32:49 AM
Obviously the answer would depend on a lot of factors(do you know the industry, is the idea good, etc), but 80% of the time I'd say go start a business. You have more control over the business compared to buying cryptocurrencies; and add the fact that a business would actually give you cash flow.
2497  Other / Beginners & Help / Re: Is it possible to get bitcoins for free? on: November 26, 2022, 11:17:03 AM
It's not "free" though, isn't it? Not because something takes little effort doesn't mean it's free. You're still wasting precious time that you could be using for something else far more productive.
2498  Other / Beginners & Help / Re: Consistency is the way out. on: November 26, 2022, 08:01:58 AM
The answer is,"consistency is the way out of unnecessary pressure in the forum".

Why would anyone even be pressured of Bitcointalk? It's literally just an online community forum that consists of people that are interested in a digit asset. We don't even show our faces and stuff.
2499  Other / Beginners & Help / Re: Tips to Becoming a Successful Holder on: November 26, 2022, 07:42:50 AM
A person who actually knows and has conviction in what he/she is investing(bitcoin or any other asset) in doesn't really need "tips".
2500  Other / Beginners & Help / Re: Bitcoins the step to wealth. on: November 25, 2022, 05:01:29 AM
=The road to wealth is mostly cashflow, not necessarily an asset investment that's unproductive. It's heavily recommended to have steady cashflow/s first before buying something like bitcoin as bitcoin can't necessarily pay your bills unless you wait 5+ years.
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