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2541  Bitcoin / Bitcoin Discussion / Re: Things to keep in mind before accumulation of Bitcoin on: September 13, 2022, 01:18:25 AM

OP, by the way you could also consider moving this thread to a trading discussion board instead of a bitcoin discussion board.

Yeah there are some elements belongs to trading still i think the Topic is more relevant to the BTC Discussion so lets the the others response.

This is a pretty nice write up and I can tell you took some time doing so, appreciated. One thing that I would add or mention with your write up..I believe mycelium works fine with android devices, but I don't think that it works with iPhones.  I used to have it on the iPhone and they simply stopped supporting the app.  Luckily I was able to get my bitcoin off of it, but just a heads up, you might want to build that note in to your write up.  Otherwise, good stuff.

Thanks for your appreciation,

4: Prevent from News Cycle:
This can also be difficult to achieve since the news that you have made a conscious effort to avoid listening to or follow may also be headlined (posted) here in the forum or shared amongst friends and it will definitely arouse your attention.

 If you decide long term investment in crypto, have a strong resolve to hodl regardless of whatever you hear. Having such a resolve prepares you to accept the possibility of  any sort of news, but hinges you to the resolve that you have made to hodl regardless. It requires a lot of discipline, but it is not impossible.

Exactly point is its all up to your determination and grip on your investment as far you are confidential about the market you can easily avoid the news cycle but if there comes a weak mindset then thats a easy trap for you and you can lose potential assets.

1: Use Dollar Cost Averaging (DCA) Technique:
In Bitcoin accumulation, this is very important.
In the DCA way of buying Bitcoin, you can minimize your possible loss because you only purchase Bitcoin when it will drop.  Buying a little by little using this method, will surely your investment becomes profitable when there's a new ATH.

All in all, OP has good input, and newbies should know this and educate themselves when it comes to accumulating Bitcoin.
It's a complete process of accumulating Bitcoin.

Most of Us, even

That's very true about 80%+ Bitcoiners do DCA. DCA can be more worthy instead of the savings account as BTC market follow all these phases, Accumulation in bear, Sideways in Consolidation zone and Mark Up/ Profit booking in Bull Run. DCA minimize the risk on the investment which attracts the users and a time to time investment helps to create better Avrage price setup for your assets more positive results can be obtained through this system.

I had discussed some of the wallets types before, you can go for hardware base crypto wallets for better security, and I only mentioned 3 hardware wallets there

I appreciate the effort put together in bringing this up, nevertheless you could have lay more emphasis on hardware wallet here as well aside the embedded link provided to your previous topic on that, also there is more need as well to add the type of coins each wallet support, but in conclusion, its all a beautiful display of efforts you've put out altogether to present this as part of your contribution to the forum.

Thanks Dear, I've got your point and working on it, My previous topic seems to be weakly composed and low researched  because i was trying to move onto the basic go through of that topic for new comers but still there are flaws in it. I think now i should cover both Hot and Cold Wallets one by one again with more detailed information as i need to also follow some of suggestions mentioned in replies.

2542  Alternate cryptocurrencies / Altcoin Discussion / Re: Is web3 scam? on: September 12, 2022, 06:34:50 PM
Not at all the Web 3 is the reality and the future generation of the market on internet. Web in a few words is Internet Freedom so you can easily say that 🙂 its not a scam if you want to learn about basica of Web 3.0 and how it is different from other websites then you should visit this topic created by myself atleast you can obtain specific perception and knowledge about 3.0.

https://bitcointalk.org/index.php?topic=5410806.msg60800891#msg60800891

2543  Local / Other languages/locations / Re: Pakistan on: September 12, 2022, 05:24:41 PM
image loading...
Source

In this Post you will find about BTC accumulation and tips to keep in mind before shopping Bitcoin. Many of you have known BTC’s history if not then pay a visit here.

What is BTC Accumulation?

We all know the meaning of accumulation but in terms of market cycles, it’s a phase. This phase starts when market comes to its worse stage or bottom line at this point, Public and Private Corporations starts to buy huge amount of BTC for long term. There are three more phases other than accumulation phase but i will share their articles later.
How much BTC has been accumulated by Corporations?
In 2021, According to NASDAQ, total accumulation of BTC was the 8% of the total BTC supply which is equal 1,660,473 BTC. But in 2022, According to Coindesk, total accumulation of BTC is 60% of the total BTC supply which is equal to 12.92 million bitcoin.

When we should accumulate Bitcoin?

The price of BTC is $21,647 while writing this article and we all aware of the ATH (All the High). Many of us are fully sure that BTC will cross its ATH and there is no doubt in it, that’s what BTC was doing from the start.
We should started to accumulate BTC when BTC is in bear market after touching the ATH. Now is the Bear market and according to the amount of accumulation wrote above, Corporations had already filled their bags when BTC goes below $18,000.
We should use tools like Glass node to keep track of demand and supply, because when seller pressure increases, the bear market comes with great buying opportunities.

image loading...
Source

Tips to keep in mind before accumulation:

1: Use Dollar Cost Averaging (DCA) Technique:

In this technique, we do not accumulate BTC in one trade. We divide the trades in to many parts. For example, if you are buying 10 BTC, Then divide them in 10 transaction. Like set buy order for 1 BTC at required price and place another buy order of 1 BTC at lower price than required price for better profit.
Because we don’t know the nature of market. Sometimes market goes in unexpected ways. So from preventing huge losses, we should work smart.

2: Use indicator to analyze market to take better entry:

The most famous and common tools to take entry is RSI (Relative Strength Index) which has two main components:
Overbought: When the indicator line moves above the channel then it is considered as overbought which means the asset has been overvalued and there is more chances of its price to decrease.
Oversold: When the opposite happens of above action than the assets is considered as oversold which means there are more chances of asset’s price to increase.
There is no doubt that indicator’s result will help you in making great entries either. But it increases the chances only instead of taking entry blindly. You can use a RSI tools for BTC only which will send notification on your twitter handle. Get this Tool from here.

3: Do not freak out:

One of the biggest benefit of long term investment is you don’t have to check market again and again. Thus you will face no tension. But to do that you have to build patience in yourself. Which you can do by not becoming a prey of FOMO (Fear of Missing Out).

4: Prevent from News Cycle:

As mentioned before, we don’t have to observe market again and again to book profits here. Because we are playing the long term game here like for 3 to 6 years some people holds more than that.
The news platforms will try to share every crypto related news which will make you sick. No doubt that, short term investors are greatly affected by news cycles and get into FOMO and lost their money. But here you know the big picture of BTC potential as how it touches around $68,789.63.

Tools for analysis when Whales enters market:

Whales are the market manipulator who trades more than 10 BTC at a time and these are the 1000 people who have the 40% of the total market. We will shed light on some tools to keep track of Whales activity to prevent from losses and to take profits.

1: Whales Alert

Whales Alert is a tool which collects data from all of the blockchains and provides alert notification on Whales transactions. It’s a free tool but with limited features you can buy it to get benefit from all of its features.

Pros:
•   It covers dozen of blockchains and provide free data.
•   We can watch historical data in the forms of graphs.
•   Provides live data

Cons:

•   To get notification we have to purchase their monthly or yearly package.
•   They are not suitable for beginner as they have expensive packages.

2: ClankApp:

ClankApp is a tool which provides notification services on Whales transactions. It provides Telegram and Twitter notification feature too.

Pros:

•   It collects data from 24 blockchain
•   We can get benefit from all of the features with free of cost, even can get notifications.
•   We can get notification via Telegram, Twitter and Email.
•   Provides live data

Cons:

•   The free of cost notification features comes with the drawback of no graph for historic data analysis.

3: WhaleMap:

WhaleMap is a tool in which we can also get whales trades and notification services

Pros:

•   We can get information and free course and tutorial to understand how to analyze Whales trades and how to react with them.
•   It provide 16 useful charts which will help us to understand the market more easily.
•   Provides live data.

Cons:

•   Unlike Whales Alert and ClankApp, we have to sign up before analyzing the Whales trade.
•   Before using its charts, we have to go through from their tutorial for better understanding which would cost time but it worth.

4: Whale Watchers:

Whale Watcher is a tool to analyze Whales trades not only of crypto token but also of NFT trades. NFT interested can get more benefit from it.

Pros:

•   Its focus is not only on crypto assets but also on NFTs.
•   It provides free of cost services too but with limitations.
•   But if you buy their packages we can talk in their communities with other member in real-time.

Cons:

•   Users of this platform are only around 3000.
•   No graph data is available.

5: WhaleBot Alerts:

WhaleBot Alerts are only for telegram push notification to alert you of any Whale trade. Many of us still using it.

Pros:

•   Used for quick notification of Whale trade on your smartphone.

Cons;

•   It’s only for telegram so no graph and history data could be seen.
•   It shows only real-time transactions.

Which wallet is best to accumulate Bitcoin?

I had discussed some of the wallets types before, you can go for hardware base crypto wallets for better security, and I only mentioned 3 hardware wallets there and some other hot wallets. But in here, you will find the best options to store your BTC for long term using hot wallets.

1: Exodus:

Exodus is best for beginner as they have 24 hour lives support and you can use it on phone and pc.

Pros:

•   You can add Exodus with Trezor hardware wallet.
•   Combining with hardware wallet increases security.
•   It supports 240+ assets.
•   You can use its web 3, desktop and mobile version as per requirement.
•   Built in exchange.

Cons:

•   It is not an open source wallet

To see the difference between open source and close source wallet. Pay visit here.

2: Electrum:

Electrum is a free cold wallet which provide next level security with its unique features. It’s in the market since 2011.

Pros:

•   We can use it on all the operating system, such as Android, Window, MacOS, Linux and Python.
•   We can use their Cold Storage option to keep seed phrase to perform actions, and hot storage can be used to watch the balance.
•   It supports hardware wallets like Trezor, Ledger and Keepkey.

Cons:

•   Only useable for storing Bitcoin.
•   24 hours support is not available here.

3: Mycelium

Mycelium is a phone base wallet and we cannot use it on any other device than smartphones.

Pros:

•   Built-in exchange, study material.
•   It supports hardware wallets, like Trezor, Ledger and KeepKey.
•   App is reproducible,

Cons:

•   If you lost your phone than you lost your money. As it is reproducible.
•   Works only on smartphones.

Precautions to take before withdrawing huge amount of BTC:

There are numerous precautions, a holder could take, but depends upon from which danger.
Danger of losing BTC, danger of getting taxed by IRS, danger of too much exposure and publicity that you do not want.
I will try to cover two of the above danger to avoid.

1: Danger of Losing BTC:

Talking about withdrawing BTC, to do that first we have to transfer it to an exchange, if your BTC is already in a wallet which comes with built-in exchanges than its more secure. Because in first scenario, you have to transfer from hot wallet to exchange wallet. Which will expose you twice.
While sending BTC from one wallet to exchange wallet, double check the address and do not send all the BTC in one go.
If you are using hot wallets on smartphone or pc, try to strictly avoid from download any third party and unverified app or unlocked APK MOD, because these APKs contains malicious viruses which could get all the info of your wallets.

2: Danger of getting heavily taxed by IRS:

In my country there is no huge taxes on withdrawing money, I prefer try to withdraw money in parts not in one go because in Pakistan there are many limitation of withdrawing money and in many other developing countries too.
But this danger is for the people of developed countries. Like USA, China, Japan, Russia etc. maybe I left some countries but let’s move on.
I am not a tax expert so I will just share some useful article’s and thread’s links to avoid heavy taxation.

Cryptocurrency taxes: A guide to tax rules for Bitcoin, Ethereum and more

3 Mistakes to Avoid When Making a Large Portfolio Withdrawal

CRYPTO-ASSETS: ANTI-MONEY LAUNDERING GUIDANCE FOR ACCOUNTANTS

Conclusion:

I hope this thread will help you, just to clarify, I collected data from many blogs and BTT threads. I also provided the sources and tried my best to come up with every possible helping material. If you guys find that something needs correction please let me know and do share your love. Regards Hamza.



Hi fellows Here is the second post in this week ohh its first day so you can say First post well, I hope you will enjoy reading all the data for any queries do let me know and working on the suggestions too. Hope So that content will be informative for my fellows as i try keep putting my regular efforts to guide and educate myself and you guys too
2544  Bitcoin / Bitcoin Discussion / Things to keep in mind before accumulation of Bitcoin on: September 12, 2022, 05:12:05 PM
Source

In this Post you will find about BTC accumulation and tips to keep in mind before shopping Bitcoin. Many of you have known BTC’s history if not then pay a visit here.

What is BTC Accumulation?

We all know the meaning of accumulation but in terms of market cycles, it’s a phase. This phase starts when market comes to its worse stage or bottom line at this point, Public and Private Corporations starts to buy huge amount of BTC for long term. There are three more phases other than accumulation phase but i will share their articles later.
How much BTC has been accumulated by Corporations?
In 2021, According to NASDAQ, total accumulation of BTC was the 8% of the total BTC supply which is equal 1,660,473 BTC. But in 2022, According to Coindesk, total accumulation of BTC is 60% of the total BTC supply which is equal to 12.92 million bitcoin.

When we should accumulate Bitcoin?

The price of BTC is $21,647 while writing this article and we all aware of the ATH (All the High). Many of us are fully sure that BTC will cross its ATH and there is no doubt in it, that’s what BTC was doing from the start.
We should started to accumulate BTC when BTC is in bear market after touching the ATH. Now is the Bear market and according to the amount of accumulation wrote above, Corporations had already filled their bags when BTC goes below $18,000.
We should use tools like Glass node to keep track of demand and supply, because when seller pressure increases, the bear market comes with great buying opportunities.

Source

Tips to keep in mind before accumulation:

1: Use Dollar Cost Averaging (DCA) Technique:

In this technique, we do not accumulate BTC in one trade. We divide the trades in to many parts. For example, if you are buying 10 BTC, Then divide them in 10 transaction. Like set buy order for 1 BTC at required price and place another buy order of 1 BTC at lower price than required price for better profit.
Because we don’t know the nature of market. Sometimes market goes in unexpected ways. So from preventing huge losses, we should work smart.

2: Use indicator to analyze market to take better entry:

The most famous and common tools to take entry is RSI (Relative Strength Index) which has two main components:
Overbought: When the indicator line moves above the channel then it is considered as overbought which means the asset has been overvalued and there is more chances of its price to decrease.
Oversold: When the opposite happens of above action than the assets is considered as oversold which means there are more chances of asset’s price to increase.
There is no doubt that indicator’s result will help you in making great entries either. But it increases the chances only instead of taking entry blindly. You can use a RSI tools for BTC only which will send notification on your twitter handle. Get this Tool from here.

3: Do not freak out:

One of the biggest benefit of long term investment is you don’t have to check market again and again. Thus you will face no tension. But to do that you have to build patience in yourself. Which you can do by not becoming a prey of FOMO (Fear of Missing Out).

4: Prevent from News Cycle:

As mentioned before, we don’t have to observe market again and again to book profits here. Because we are playing the long term game here like for 3 to 6 years some people holds more than that.
The news platforms will try to share every crypto related news which will make you sick. No doubt that, short term investors are greatly affected by news cycles and get into FOMO and lost their money. But here you know the big picture of BTC potential as how it touches around $68,789.63.

Tools for analysis when Whales enters market:

Whales are the market manipulator who trades more than 10 BTC at a time and these are the 1000 people who have the 40% of the total market. We will shed light on some tools to keep track of Whales activity to prevent from losses and to take profits.

1: Whales Alert

Whales Alert is a tool which collects data from all of the blockchains and provides alert notification on Whales transactions. It’s a free tool but with limited features you can buy it to get benefit from all of its features.

Pros:
•   It covers dozen of blockchains and provide free data.
•   We can watch historical data in the forms of graphs.
•   Provides live data

Cons:

•   To get notification we have to purchase their monthly or yearly package.
•   They are not suitable for beginner as they have expensive packages.

2: ClankApp:

ClankApp is a tool which provides notification services on Whales transactions. It provides Telegram and Twitter notification feature too.

Pros:

•   It collects data from 24 blockchain
•   We can get benefit from all of the features with free of cost, even can get notifications.
•   We can get notification via Telegram, Twitter and Email.
•   Provides live data

Cons:

•   The free of cost notification features comes with the drawback of no graph for historic data analysis.

3: WhaleMap:

WhaleMap is a tool in which we can also get whales trades and notification services

Pros:

•   We can get information and free course and tutorial to understand how to analyze Whales trades and how to react with them.
•   It provide 16 useful charts which will help us to understand the market more easily.
•   Provides live data.

Cons:

•   Unlike Whales Alert and ClankApp, we have to sign up before analyzing the Whales trade.
•   Before using its charts, we have to go through from their tutorial for better understanding which would cost time but it worth.

4: Whale Watchers:

Whale Watcher is a tool to analyze Whales trades not only of crypto token but also of NFT trades. NFT interested can get more benefit from it.

Pros:

•   Its focus is not only on crypto assets but also on NFTs.
•   It provides free of cost services too but with limitations.
•   But if you buy their packages we can talk in their communities with other member in real-time.

Cons:

•   Users of this platform are only around 3000.
•   No graph data is available.

5: WhaleBot Alerts:

WhaleBot Alerts are only for telegram push notification to alert you of any Whale trade. Many of us still using it.

Pros:

•   Used for quick notification of Whale trade on your smartphone.

Cons;

•   It’s only for telegram so no graph and history data could be seen.
•   It shows only real-time transactions.

Which wallet is best to accumulate Bitcoin?

I had discussed some of the wallets types before, you can go for hardware base crypto wallets for better security, and I only mentioned 3 hardware wallets there and some other hot wallets. But in here, you will find the best options to store your BTC for long term using hot wallets.

1: Exodus:

Exodus is best for beginner as they have 24 hour lives support and you can use it on phone and pc.

Pros:

•   You can add Exodus with Trezor hardware wallet.
•   Combining with hardware wallet increases security.
•   It supports 240+ assets.
•   You can use its web 3, desktop and mobile version as per requirement.
•   Built in exchange.

Cons:

•   It is not an open source wallet

To see the difference between open source and close source wallet. Pay visit here.

2: Electrum:

Electrum is a free cold wallet which provide next level security with its unique features. It’s in the market since 2011.

Pros:

•   We can use it on all the operating system, such as Android, Window, MacOS, Linux and Python.
•   We can use their Cold Storage option to keep seed phrase to perform actions, and hot storage can be used to watch the balance.
•   It supports hardware wallets like Trezor, Ledger and Keepkey.

Cons:

•   Only useable for storing Bitcoin.
•   24 hours support is not available here.

3: Mycelium

Mycelium is a phone base wallet and we cannot use it on any other device than smartphones.

Pros:

•   Built-in exchange, study material.
•   It supports hardware wallets, like Trezor, Ledger and KeepKey.
•   App is reproducible,

Cons:

•   If you lost your phone than you lost your money. As it is reproducible.
•   Works only on smartphones.

Precautions to take before withdrawing huge amount of BTC:

There are numerous precautions, a holder could take, but depends upon from which danger.
Danger of losing BTC, danger of getting taxed by IRS, danger of too much exposure and publicity that you do not want.
I will try to cover two of the above danger to avoid.

1: Danger of Losing BTC:

Talking about withdrawing BTC, to do that first we have to transfer it to an exchange, if your BTC is already in a wallet which comes with built-in exchanges than its more secure. Because in first scenario, you have to transfer from hot wallet to exchange wallet. Which will expose you twice.
While sending BTC from one wallet to exchange wallet, double check the address and do not send all the BTC in one go.
If you are using hot wallets on smartphone or pc, try to strictly avoid from download any third party and unverified app or unlocked APK MOD, because these APKs contains malicious viruses which could get all the info of your wallets.

2: Danger of getting heavily taxed by IRS:

In my country there is no huge taxes on withdrawing money, I prefer try to withdraw money in parts not in one go because in Pakistan there are many limitation of withdrawing money and in many other developing countries too.
But this danger is for the people of developed countries. Like USA, China, Japan, Russia etc. maybe I left some countries but let’s move on.
I am not a tax expert so I will just share some useful article’s and thread’s links to avoid heavy taxation.

Cryptocurrency taxes: A guide to tax rules for Bitcoin, Ethereum and more

3 Mistakes to Avoid When Making a Large Portfolio Withdrawal

CRYPTO-ASSETS: ANTI-MONEY LAUNDERING GUIDANCE FOR ACCOUNTANTS

Conclusion:

I hope this thread will help you, just to clarify, I collected data from many blogs and BTT threads. I also provided the sources and tried my best to come up with every possible helping material. If you guys find that something needs correction please let me know and do share your love. Regards Hamza.


Eidt= Images links are updated on 17th September 2023
2545  Local / Other languages/locations / Re: Pakistan on: September 11, 2022, 07:34:14 PM
Yaha par HamZa Bhai ne mje mentioned kr k Bthaya k Mfahad ki waja se ma ne Luna ko shirt kiya aur Profit kamaya. Yaha ma Kuch bathe arz Karna Chahta hoo.
Ma me Sirf post ma Luna ki Pump ko bthaya baqi us par trade Karna wagira ka ma ne ziakar he nhe kiya.
Personally ma Khud Future ko Jaiz nhe smajtha aur discussion es Liye nhe krta k mere pas ziada time nhe aur ye discussion kbe kbe jang ma badal jathe ha.
Baqi gamble Karna ya usko promote krna b mere nazdeek 100% najaiz aur Haram ha.
Shahid aur Irfan Sir ko ma ne Kbe gamble signature wear krte nhe dikha halanke en k post bhot best ha aur weekly 70$-80$ easily kama sakte ha. Allah Pak es ka badla enko dega. Ye Dunya imtihan ki jaaga ha ur hme mohlat Dee gae ha
 Qiamat k din chaar sawaal ma se 3sra swal ye ha k maal kaise kamaya aur KAHA par kharcha kia.

Dear brother you and i better know what we said and whats the perspective of saying. As what i said was in means of  After watching the MFahad post of pump news i made an entry did i said due to MFahad so don't worry that my responsibility after that what i had to do.

I respect your words and Perspective as i know my point of view so working accordingly my experience and knowledge no doubt alot to learn i can be wrong so I'm learning.

One thing of wonder i found is Concept of Future trade in our community as Umer bhai said Its Interest involving activity and Allah Maaf kare Sood is the thing forbidden in clear words no need to talk on it its haram but i am very disappointed that he didn't mentioned when interest involve in trade afater the funding period the Future trade most of people i know and me to too follow are

Scalping as 10 min to 2 Hour trade book profit adn loss both within that period on Holding trade there comes an issue of Interest involvement so there was no Intrest involvment in scalping other things goes on but major allegation came wrong here.

Well I'm not a regular Trader so i can't say that i have alot of experience with it and its Halal i know about Intrest and on that basis i made a few trades in whole history as its risky.

Recently on that talk i came to know that there is one more factor called Future Contract as Future Contract is Haram no doubt but on the time i made These trades i was unknown about it and May Allah Forgive me the Mistakes i made unknowingly / Knowingly. Point is Still a Conflict will happen here without any outcome as The true Muslim Scolar of that feild can provide fatwa without proper knowledge of Field he can't say anything. I'm expecting that very soon these economic topics will be covered and then you can make side for now choose at your own risk.

Ending the Topic if i have promoted a forbidden act Unknowingly ( Future trade ) I'll  be careful now as before to follow something a complete research required. I'm not going to have a Long discussion on debating that Is it Haram or Halal its the work for those who are going to do and stop. I'm Out of it until concept of Future Contract in trading Covera out inshAllah.

 And on Gambling Signature i don't want to discuss again as already my case has been posted and I'm following it untill strong evidences came out against my following I'm still continuing my research on these topics developments will be shared if i got written fatwa on it.
2546  Bitcoin / Bitcoin Discussion / Re: How Bitcoin changed my life on: September 11, 2022, 07:14:59 PM
Bro in recent times i think BTC is touching the life of too manyneedy people alive the moat successful example is BTC made it easy for you to donate and help them from long distances as eliminating the boundaries of Transections now your donation can be direct approach to the people who need them and transparency can be taken into count as on the name donation many White Crime's Money Laundering etc activities performed.
2547  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: September 11, 2022, 05:27:56 PM
Noo Hopes now dear its gone now Nawaz made very disappointing 4 dots when you need 2 on each so this is how a big team plays. Im just shutting down my PC as its a clear win for Sri Lnaka and very impressed by the sri Lanks as they played beautiful after even losing wickets. Pakistan is playing on abck foot thats not they need but what to expect when Babar going for 5 fakhar for 0 this the whole performance of the tournment.
2548  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: September 11, 2022, 05:22:38 PM
Mr. Captain of Pakistan failed again to prove himself in this series. In the last five matches, He was unable to score a single 50+ score which is sad. He was supposed to lead the team from the front end. Another failure for Fakhar zaman. Pramod Madushan was outstanding so far. Wanindu Hasaranga also doing very good. Pakistan players have to keep their nerves. The match still hanging. Let's see what happens.

Babar Azam failed to score 10+ runs in any inning of this tournament so far. Don't know why Pakistan not replacing Zaman with some other batsmen he is a continuous failure. Pakistan at the moment need 80 runs from 48 balls, anyone can win the match.

exactly dear its a long time match here i am trying to see how to see an easy win but its not possible on the moment Pakistan need the hitters now and Sr Lanka needs 2 wickets now expect the unexpected from Rizwan as always best man alive in team, match is hanging fingers crossed and expecting to win Pakistan
2549  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: September 11, 2022, 03:38:33 PM
Thats a very poor performance by the Pakistan on such level its going to be 170+ and now recently Haris made a caught drop that was too important at this moment bro Pakistan is struggling to stop runs here but no mean now its too far sri lanka made its great performance here pakistan going to face a heavy pressure now.
2550  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: September 11, 2022, 03:16:37 PM
Pakistan won toss made good start but now its hard time as sri lanka making good runs even after losing the important wickets now the pressure is on the Pakistan im expecting 150+ total and seems very easy for sri lanka. Pakistan needs this wicket really dude. Rajapaksa playing too good here i would say that not goint to easy for us to win the match. Still its Pakistan im hopeful to Pakistans win.
2551  Other / Beginners & Help / Re: [Crypto Wallets] Cold and Hot Wallets and their Approach on: September 10, 2022, 09:36:07 PM
Binance: Centralized Hot Exchange Wallet. Support Coins listed for trading.  
My friend. Binance is not a wallet. Don't even think of it as a wallet, and it shouldn't even make it to this list, or else you are going to mislead newbies. Binance is just a crypto exchange or broker as some people refer to it.

Dear already explained in the post that its an exchange based wallet main perpouse is trading consider as centralized wallet people use to store funds in it for trading perpouse.

Simply a crypto wallet is combination of alphanumeric words from 27 to 37 ranges.
What do you mean by "combination of alphanumeric words"? Can you please elaborate more on this?
Do you mean seed phrase? If so, a seed phrase usually includes 12 or 24 words.

I think i made a few grammar mistakes but that one is fixed

No sir Alphanumeric means the address of the Wallet/ Public key is based on mixed characters i think i should edit it and use character on the behalf of Words. Thanks for mentioning anyway.
2552  Local / Other languages/locations / Re: Pakistan on: September 10, 2022, 09:04:29 PM
Crypto Wallets & Their Types All you Need to know.

History:

The Concept of the EFTS was a next step to evolution of money and trade system and it was introduced in 1978 and a first ever web based ETF was introduced in 2004. In 2009 a unique concept by the Satoshi Nakamoto of World wide currency fully decentralized and fixed supply changed the concept of the Money and its flow in 2022.

Digital wallets are the software programs or electronic devices used to store the electronic funds and access online services & transactions. Digital wallets were develop to explore the new era of trading and transparency. Digital Money & Wallets made the access of world wide IOT services accessible easily. E-commerce is the majour application of digital wallets. Crypto changed the whole concept of money application of digital money and storage.

Crypto Wallets:

Crypto wallets are the more advanced form of digital wallets where a device or protocol is used to store public and private keys for storing different types of cryptocurrencies. Crypto wallets are more functionally enhanced as you can access encryption and signing capabilities.
Simply a crypto wallet is combination of alphanumeric words from 27 to 37 ranges.

Terms used in Crypto Wallets Encryption:

Private Key, Public key both of these terms are used on the crypto network to perform transaction a public key allow the user to receive funds and private key allows to access the encrypted funds on the public key.
Types of Crypto Wallets: Basically there two type of crypto wallets on the basis of their utility as Cold Storage Wallets and Hot Storage Wallets.

Cold Storage Wallets:

These are the highly secure personalized wallets used to store the crypto currencies preferred by the users as for storing the long term crypto investments. All hardware wallets are cold wallets as these wallets are offline wallets due to this feature these wallets are considered as most secure type of wallets.

Hardware Wallets are example of Cold storage


Feature: Used to Store Large amount of investments & High Security

Examples / Recommendations


Ledger Nano X
Price: 149$

image loading...
Source: Kryptodots

Trezor Model T
Price: 189€



image loading...
Source:Finder


ELLIPAL Titan Bundle
Price: 159$


image loading...
Source: Amazon


Pros and Cons of Cold Wallets:

Cold Wallets provides the maximum possible security to the funds as user require. These wallets allow full efficient environments to make all possible secure investments.
These Wallets are expensive maximum users who own a little funds cant afford them. As these are used as primarily for storage you cant trade with them.


Hot Storage Wallets:

Hot Wallets are used by the traders for making quick and time to time transactions with the market. These wallets allow the users to access different types of services on the block chain rather than assets transfers as decentralized finance & tools. NFTs, MetaVerse & Staking etc.
Hot wallets include two categories as self-custody and exchanges offered wallets. Both of these wallets are same in some properties but the major difference between them is the control on the assets in Self-Custody users manipulates its funds accordingly but on the exchanges offered wallets funds are managed and controlled by the Exchanges. Common point is used for trading and accessing crypto related services using instant crypto.

Mobile, Desktop & Web Wallets are types of the Hot wallets

The List of Hot wallets according their type and accessibility and support.

Metamask: Decentralized Self Custody Wallet. Used for Altcoins.

image loading...

Trust Wallet: Decentralized Self Custody Wallet. Used for Every Type of Cryptocurrency.

image loading...

Electrum: Decentralized Self Custody Wallet. Only Bitcoin.


image loading...


Binance: Centralized Hot Exchange Wallet. Support Coins listed for trading. 


image loading...


Pros and Cons of Hot Storage wallets:

These wallets are cheap even free to use, user can access trading as its primary feature. Users can explore the the crypto services and access decentralized finance and other technologies as the meta verse and NFts
These wallets cant be used to store large amount of funds as there are so many security issues with them. For safe investments these wallets are non recommended.


Note: This information related to the products has been taken from different blogs the graphics i have used all have the refer link or source mentioned. This post is for the information superpose to guide the new users to choose the best and avoid scams. There is no plagiarism as after my own experience and analysis i made this list.


Asslam o Alikum to my dear fellows, i have created a new topic on the wallets and their types. I have suggested some wallets to avoid scams all my new fellows must follow inshallah that will be alot helpful for you all as im sure. there are a few new members i know in our community joined recently a month back can read and increase their knowledge. Im working on another topic related to BTC so Insha Allah that will be here soon also.

Remember in your prayers thanks
2553  Other / Beginners & Help / [Crypto Wallets] Cold and Hot Wallets and their Approach on: September 10, 2022, 09:00:04 PM
Crypto Wallets & Their Types All you Need to know.

History:

The Concept of the EFTS was a next step to evolution of money and trade system and it was introduced in 1978 and a first ever web based ETF was introduced in 2004. In 2009 a unique concept by the Satoshi Nakamoto of World wide currency fully decentralized and fixed supply changed the concept of the Money and its flow in 2022.

Digital wallets are the software programs or electronic devices used to store the electronic funds and access online services & transactions. Digital wallets were develop to explore the new era of trading and transparency. Digital Money & Wallets made the access of world wide IOT services accessible easily. E-commerce is the majour application of digital wallets. Crypto changed the whole concept of money application of digital money and storage.

Crypto Wallets:

Crypto wallets are the more advanced form of digital wallets where a device or protocol is used to store public and private keys for storing different types of cryptocurrencies. Crypto wallets are more functionally enhanced as you can access encryption and signing capabilities.
Simply a crypto wallet address/ public key is combination of alphanumeric characters from 27 to 37 ranges.

Terms used in Crypto Wallets Encryption:

Private Key, Public key both of these terms are used on the crypto network to perform transaction a public key allow the user to receive funds and private key allows to access the encrypted funds on the public key.
Types of Crypto Wallets: Basically there two type of crypto wallets on the basis of their utility as Cold Storage Wallets and Hot Storage Wallets.

Cold Storage Wallets:

These are the highly secure personalized wallets used to store the crypto currencies preferred by the users as for storing the long term crypto investments. All hardware wallets are cold wallets as these wallets are offline wallets due to this feature these wallets are considered as most secure type of wallets.

Hardware Wallets are example of Cold storage


Feature: Used to Store Large amount of investments & High Security

Examples / Recommendations


Ledger Nano X
Price: 149$

image loading...
Source: Kryptodots

Trezor Model T
Price: 189€



image loading...
Source:Finder


ELLIPAL Titan Bundle
Price: 159$


image loading...
Source: Amazon


Pros and Cons of Cold Wallets:

Cold Wallets provides the maximum possible security to the funds as user require. These wallets allow full efficient environments to make all possible secure investments.
These Wallets are expensive maximum users who own a little funds cant afford them. As these are used as primarily for storage you cant trade with them.


Hot Storage Wallets:

Hot Wallets are used by the traders for making quick and time to time transactions with the market. These wallets allow the users to access different types of services on the block chain rather than assets transfers as decentralized finance & tools. NFTs, MetaVerse & Staking etc.
All type of these hot wallets are same in some properties but the major difference between them is the control on the assets in Self-Custody users manipulates its funds accordingly but on the exchanges offered wallets funds are managed and controlled by the Exchanges ( Not recommended for stroing crypto) . Common point is used for trading and accessing crypto related services using instant crypto.

Mobile, Desktop & Web Wallets are types of the Hot wallets

The List of Hot wallets according their type and accessibility and support.

Metamask: Decentralized Self Custody Wallet. Used for Altcoins.

image loading...

Trust Wallet: Decentralized Self Custody Wallet. Supports many Blockchain Networks.

image loading...

Electrum: Decentralized Self Custody Wallet. Only Bitcoin.

Electrum can also be used as the Cold Storage.

image loading...




Pros and Cons of Hot Storage wallets:

These wallets are cheap even free to use, user can access trading as its primary feature. Users can explore the the crypto services and access decentralized finance and other technologies as the meta verse and NFts
These wallets cant be used to store large amount of funds as there are so many security issues with them. For safe investments these wallets are non recommended.


Note: This information related to the products has been taken from different blogs the graphics i have used all have the refer link or source mentioned. This post is for the information superpose to guide the new users to choose the best and avoid scams. There is no plagiarism as after my own experience and analysis i made this list.
2554  Local / Other languages/locations / Re: Pakistan on: September 10, 2022, 08:07:26 AM
Ethereum ka merger hona ja rha hy in 5 days. Matlab Ethereum completely PoS consensus algorithm py move kr jya ga.

Is merger sa un miners ka kafi nuqsan ho ga jin na mining equipment ma investment ke hue hy for mining Ethereum. Unko ab koe aur PoW coin ko mine krna ho ga.

Baqi eik aur new feature jo samna aya ga wo ya hy ky ethereum deflationary model ke taraf move kr jya ga. Currently etherum coins ke supply uncontrolled hy.

Price ky barya ma kuch nhi kaha ja saqta ky wo uper jya ge ya nhi. DYOR before investing in this merger.

Brother, Ethereum ka merger crypto space ka bht bra event ha es ki successful completion hony k baad crypto market ki next direction determine ho gi. Ho sakta k 16 September ko ethereum ki price mein thori bht correction ho ku k market es event ko already discount ker chuki ha mgr long term mein Ethereum mein investment/staking bht profitable ho gi ku eska network bht secure or future mein scaling ka issue bi resolve ho jai ga POW se POS pe migrate hony k baad esliye Ethereum mein DEFI sector se bht bri investment aa sakti ha. DYOR

Sir ETH already holding more then a half of Defi market so I'm expecting anything much from here yeah but Investment rate on ETH will increase as BSC is famous due fees and SOL too after merge ETH will be more faster and Fees will be as low as BSC that will lead shift of Capital as after that ETH protocols will be more preffered due to sustainable performance of the ETH chain.

Anyways jo hoo humko kia as  i don't own much ETH but M FAHAD ki waja se mera Weekend acha ja raha ha as future trade ma kafi easy low risk profit book ho raha in LUNA...

Enjoy
2555  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 10, 2022, 06:30:01 AM
follow thats reality,
check..
check mate...

Whales OP

https://twitter.com/BezosCrypto/status/1568470894032596995?s=20&t=KBLGuBh3kmSxwsdJ9ZF1-w



Source: Twitter
2556  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 10, 2022, 01:13:14 AM

https://twitter.com/rovercrc/status/1568268492746407937?t=t-Xr0Cw6Jotb4TzmJTqncA&s=19

A very nice breakout of a continuous Bear / Downward trend by a massive hit in last 24 hours we are back on our line and length now Bears can be Eliminated.



Check out this one another view done exactly after the 8 Hours of Downward Breakout now can feel safer as safe as you always expected from the BTC. RIP Bear.
https://twitter.com/JesseOlson/status/1568400242864955392?t=eYLvzOqyX2cMg_Q4cZizhw&s=19


2557  Economy / Trading Discussion / Re: Trading and financial planning. on: September 09, 2022, 05:55:13 PM
I would like to say and add something for your information as both pf terms you are going to start with you need to plan your investment ideas first let me explain with an example,

Imagine you own 1000$ on the behalf of investing all on the single assets is a big loss as if its Bull or Bear trend. Division helps you alot.

Invest 40% for a backup asset as a long term secure and stable trade. BTV is more likely what you need here now make a 20% investment in stable coin as if you need to buy from dips you need stable coins, now you want to trade you have 40% left in total now there are many types of trading now split it into 2 parts go for 30% in spot trade and 10 % in future if you are New to trading.

In a Experience case you can go for 20% / 20% ratio on both sides.

This is how you won't be in loss on any time you have good backup you have good stable coins to buy dips you have secure trading assets as spot and future both for staking you can with the Backup you have made to staking period 1 arrow two points.
2558  Economy / Trading Discussion / Re: What do you guys think is the best crypto signals group on Telegram? on: September 09, 2022, 05:47:25 PM
Haha Dude really you are working with signals for trades try to learn at your own by the current updates and cycle moves. The signals are a pure white scam as you can find them every where trade means your own analysis your own investment so how you can even trust them. Telegram is Place where you can find many VIP scam groups they do nothing for you just provide blind signals so be careful self implementation is important on any field you are going to play with. Be practical.
2559  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: September 09, 2022, 05:06:53 PM
After Sri Lanka's disappointing start, now Sri Lanka's position is much better.
 It is expected that Sri Lanka will win the match very easily

No doubt Buddy after good start Hassan Ali made very disappointing overs as very expensive overs, Now match is in the Sri Lankas control dear, so they are going to win Pakistan made some of the Experiments on this match i am expecting a very mature performance in the Finals by Pakistan as this match wprth nothing to win except for the confidence. Sri Lanka played really well as i said spinners moved the complete game against Pakistan.
2560  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: September 09, 2022, 04:03:36 PM
Haha now looks like Pakistan is going to take down this match too as now 1/1 then check this out 2/2 haha well this going to be critical match lets see oohhh another chance for 4/3 but missed well that the pressure on the sri lanka for now its 3rd over ongoing and 5 runs good stop by Pakistani bowlers if Pakistan try to Mannage the 2 more quick wickets then Pakistan is going to make a good win. Expect the unexpected as always.
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