Good ideas, you are not wrong.

But this is the other side of it:

Inflation increases poverty rate, resulting to increaing unemployment. This is common in Africa most especially because they have bad leaders.

Did you know that a buried talented person in Africa have high chances to make use of his talent in countries like US, but rather the talent was buried in poverty nations. This could be because of not being educated or lack of exposure to the modern world.

The experience I have n Yobit is that some coins are only listed on Yobit alone. See them as scam coins and Yobit is shady because of those coins and some other reasons.

Big exchanges also list altcoins. Altcoins that are successful are listed on big exchanges.

I do not buy new coins or tokens, they are risky.

Uncertain price is usual

Wallet do not have to miss, but scam tokens would be removed from wallet. Shit coins can also become unworthy.

Exchanges fees can be low for some coins but they charge extra than transaction fee.

Chinese yuan-backed stablecoin, CNH Tether (CNHT) was created in 2019 which I think was created by Tether. The marketcap is very low an not worth going for or the project is now failed, probably.

US dollar is strong this year, but fiat can be devalued at any time. If dollar is devalued, the fiat pegged coins are also having fiat value, which means they are also devalued.

Yuan is the official currency for China
Yen for Japan

I think you are talking about Yaun.

What I noticed was that most traders will tell you the bad side of trading, they will let you know that it is risky, but also letting you know that making profit is very possible which is not a lie from professionals. This is what newbies will have in mind and start to trade and loss more and more.

But some people just want to provide signals, these kind of people should just be avoided because they speak more about the profit in a way new traders will pay them money, giving the new traders some signals that may let them start to fail in trading.

It is quite surprising that the first three quarters this year all closed with the bears prevailing, but the first and the third quarters were not that volatile, but the second quarter was very volatile. When I calculated the three volatility, not up to 50%, not up to those of the previous times, this still make me want to believe that we still have the best year of less volatility if compared to other years.

Fourth quarter is much more in favour of the bulls, but the low volatility still make me to be confused. Where bitcoin price is for now, it is confusing if the market may fall or not, maybe the consolidation would be at lesser price around $10000 to $15000, or if the price will increase or not.

But what I think about this is that the price of bitcoin may not increase above $30000 until next year. If not increase to that price till next year, that means we may begin next year with bull run that can increase bitcoin price up to half of all-time-high which is around $35000 or slightly more.

Nonetheless, it is good to hold now.

Activity will count every 14 days after you have make up to 14 posts. Do not be bothered about it, just continue to post with good contributions and see your activity to be increasing every 14 days. It will count 14 posts every 14 days at once.

If you see create new topic or reply and you click on it and it worked, that means you can post on the board. Where I know is restricted to newbies is serious discussion board. Because someone is new on this forum does not mean he can not post on any other board than beginners and help. But do not post about what you do not know, learn instead from what good members are posting on the threads and boards.

2. I will also advice newbies to stay away from trading but to learn it very well first and they should only use the money they can afford to lose. But about mining, newbies can be rich enough to afford ASICs, lucky to have a good environment and government that would favour bitcoin mining. But he has to research more to be able to know if it would be profitable. Cloud mining and other types that someone will want to mine for you is what newbies should avoid.

3. Some people are from underdeveloped and developing countries, their fiat devalues significantly and they do not like to save in fiat, example are some countries in Africa, Asia and South America. People in many countries in the continents I mentioned do not prefer fiat at all, or better prefer the fiat of the developed countries like US or UK. Some people from developed countries like Europe, UK and US may still think about fiat. But fiat is always fiat, they always devalued by the government.

5. What do you mean by personal wallet? Custodial wallets can be personal wallets too. It would be good to refer to the wallet you are talking about as noncustodial wallet or private key wallet.

6. What should be backup is the seed phrase, which can produce the keys. The keys can also be used as backup, but in this time of HD wallet, seed phrase can be the backup. More than one backup is advisable.

If you are receiving like $1000 as monthly salary and you know that you are not greedy and be willingly to return the money borrowed. If you know that bitcoin price will increase and you want to invest but having no money at that time and in haste about it. I do not see anything bad to borrow like $100 or $200 which you know you will still see in salary and pay back.

But the investment may be on the other way, if you think of the profit, you should also prepare for the worse. You should also know that borrowing money comes with high interest if not from family or friend. I mean if it is from bank or loaning company, the interest is always very huge.

But what type of regulation in this case? This is a woman with a kid. Or regulation would not let the woman to gamble? Or that women having children should not gamble again? That is not possible. What I know can be regulated about gambling are not related to this case. The woman is out of her mind and does not worth that child again. It would be good if the woman is not given the child again because it would not be a surprise if the woman later sell the child for money is what I could think.

What you thought you have memorized and knew for years can still be forgotten. Haven't that happened to you before? It has happened to me. I was surprised that I forgot my highschool anthem after many years that I finished from the school. That is just one example, there are many. If you check my posts on this thread, the memorization I am talking about should be the fourth backup while not depending on it. The best are offline backups.

The question can just be that 'can Binance be hacked'? Exchanges can be hacked. But I do not know if it is going to be to the extent that Binance would fold up and stop providing crypto exchanges services. It is not good to leave your coins on exchanges, not only Binance but all exchanges. Save you coins on a good noncustodial wallet and never too much be bothered about if Binance can fold up. Crypto self custody is the best. If trading, leave just little amount on exchanges.

But what about natural disasters? It can affect large areas in a way even if the seed phrase is backup in different locations, the whole house and many other houses can be distroyed and everything is lost. It is not good to depend on memory, but there can be sometimes that it can be helpful. Have offline backups on papers in different locations is advisable, that is true, but what can be done if natural disasters like earthquake or flooding occur in a way someone's home is affected, property destroyed and the three seed phrase in different locations all got lost?

Assuming someone is in Pakistan when that flooding began?


Mistake can happen in a way the one seed phrase backup would be lost? At least, have two backups or three. The second or third can even be inside the wall of your house to be the last thing to do if the first seed phrase is lost. Another one can be inside your mattress in a way you can loose the mattress cloth, cut the mattress foam with a blade and insert the seed phrase paper backup, gum the mattress foam back with glue in a way the seed phrase is not affected and sole back the cloth. Another is a paper at your backyard buried under the sand in a very small metallic box. There are many ways you can think to backup seed phrase differently that it would be difficult for anyone to see it. But which may not resist natural disaster.

To avoid natural disasters like earthquake, landslide, flooding or many others like that, it is good to have your seed phrase offhand. This is not advisable at all, it is good to backup your seed phrase in different places instead, but after that, you can have it offhand, but do not depend on your memory at all, but it may be helpful.

If you have seen some lies on crypto news sites, you will not want to follow people's opinions, you will highly prefer your own opinions. Today, person A would say something, tomorrow person B will say another that is contrasting to what person A said yesterday about the recent trends and . Plenty misconceptions are online.

I prefer to follow my own ideas and I use different approaches.

If someone do not have money for paid VPN, he can just use the ones like ProtonVPN, there are free part of it that people can enjoy, but the servers available can be congested at times, but with no ads. But most free VPN are not advisable because of ads and they are not secure and safe at all.

Before using a VPN for a gambling site, better to check it on the gambling site terms and conditions before using it. As for me, I can not use VPN for gambling, but gambling is legal in my country.

If you read the news, the police and the journalist have not yet known what actually happened, if this is truly totally related to gambling or not.

Also it can remain the fact that only the woman can be able to answer the question.

That is Nigeria, people are frustrated in Nigeria with increasing poverty and low standard of living. We do not know what that woman is going through that led to that. People in a developed country may see it as another thing, but it may be lack of money and poverty that caused it. It is good to have money, but Nigeria is just one of the worst country that people are living below the poverty line.

Maybe someone borrowed her money in agreement that if she did not pay back, he will collect his child.

Everyone has their own mistakes to learn from, people like to try something out. I have a friend, he gambled for the first time, he lost and he never gambled again as he has been saying after the lost, that is his experience. The Money my friend used could be small to us, but not small to the poor. He is not rich like Micheal Jordan's son but the money used was small to him. That means the money Michael Jordan's used is small to him too and he learned his lessons. That is just life. That does not mean the guy won't be successful or that he is not taught well. Try check the other part of a person's life before making conclusion.

Miners are using more clean energy than before is what this thread is all about, it is not about misconception that we are trying to let people know, but you are posting just supporting the misconception. Did you read the OP at all?

Bitcoin miners are most using ASIC to mine bitcoin, the days of GPU has been around 2020.

Bitcoin mining is still profitable, that is why the mining hashrates has been increasing. Check the hashrate chart of when bitcoin has been created to this present day in the diagram below:

https://www.blockchain.com/charts/hash-rate


The increasing hashrates means miners are getting profit from mining, if no profit is there, some miners will not mine again which will reduce the hashrates.

Gambling is fun to some people. If the government ban gambling, some people will look for ways to avoid the ban and continue to gamble. That is people for you. I will not like if the government in my country ban gambling, but why they legalized it before and later suddenly ban it? They supposed to have banned it from the beginning, but not when many people has already liked it. There would be effective means to avoid the ban.

I can never call what supposed to be human freedom that the government are againsting humans for to be seen as illegal, the government too can do something wrong, making their citizens to more succumb to their ways of not given citizens the freedom that they want.

Some gambling sites do not accept VPN in a way it would be blocked, some will accept it for bypassing but against the gambling site rules. Some gambling sites can block the account of a gambler because of VPN. The best that I think is that the government should allow gambling. This would protect their citizens from a lot of things that might arise if the gambling site wants to cheat them rather than staying mute when they were cheated by the gambling site. There is more risk involved if the citizens are not allowed to gamble.

It is also good to read the ToS of a gambling site cornering the use of VPN before you make use of the gambling site. But VPN is not advisable.