If you follow good crypto influencers who can teach you about basics, advanced knowledge in crypto, that's good and you should maintain it.
If you follow crypto influencers who only make you hyped, with promise to get rich quickly, let's be very careful. The crypto market is not an easy one for you to join, win and enjoy your life.
It is a harsh market and if you are inexperienced, greed, emotional, you will very likely belong to more than 80% losers in this market. Influencers mostly don't help you to protect your capital. When you realize that, you already lose your capital.
|
|
|
The biggest success when you participate in cryptocurrency is freedom. With cryptocurrency, you will be able to experience peer-to-peer transactions, tradings, etc. and if you use non custodial wallets, you have freedom. No control from governments, central banks.
Obviously, it is only reachable if you use non custodial wallets and decentralized exchanges.
You can think it is similar if you use centralized exchange, no KYC but they are different. Because KYC is not vital point which in fact is ownership of private key. You can only get it with non custodial wallet.
|
|
|
People who still don't understand the importance of private key ownership, please visit Notyourkeys.org from which you will see how many exchanges hacked in history (probably not all are mentioned on that website) and how serious loses people suffered from such hacks. If you store your coins on centralized exchanges and they get hacked then eventually just say they got bankrupted, no compensation at all for their users. Or if they pull their scam exit on behalf of hack, you will lose your money. Use non custodial wallets and have your own banks, your control on your cryptocurrency.
|
|
|
Let's check that website https://kycnot.me/ and you see non KYC exchanges: Hodlhodl, Localcryptos, Bisq exchanges are aforementioned. TradeOrge, Kucoin are KYC free too but because they are not decentralized exchanges, you should be careful because they can turn to be KYC-exchanges in future. Now you can enjoy it but trading volume on TradeOgre is not good. Kucoin is a choice to go if you want CEX and no KYC. Anonymously, you can achieve it with Bitcoin Coin Join transactions, good mixer like Chip Mixer, and use Monero. You can mix between Bitcoin Coin Join transactions, Monero transactions and move them around. Anyway, if you don't get your money from illegal activities, you might not like the complicated procedure.
|
|
|
"You can't ban the internet" is being repeated but you have to realize that the governments didn't abandon banning the internet because they couldn't. They abandoned it because they ended up having a very good level of control over it.
To grow bigger, Bitcoin and crypto market need to have more and better regulations. Having our own banks and financial freedom does not mean the crypto market and its ecosystem should be left as free space. People must be protected by regulations, laws, etc. There are always pros and cons of regulations but I believe that in the world, we must have law and regulations in any industry. Fortunately, with Bitcoin, governments can not brutefore our own wallets. They can not free our wallets like what they can do very easily with bank accounts.
|
|
|
Bitcoin standard or not, it's not big matter.
What we need is not a future in which Bitcoin kills fiat currency, alternate cryptocurrency. I don't believe it is a future we want to see. To grow, it should be better to grow together. I mean Bitcoin, altcoins, fiat currencies and CBDCs will have to co-exist in future in order to help people to pursuit freedom in finance, privacy and wealth.
In my opinion, I could be wrong obviously, it's never good to have only one choice.
Think? Because we have fiat currencies and altcoins, we do recognize how good Bitcoin is. Without them, Bitcoin is just Bitcoin and might not have any value at all.
|
|
|
Not only Russia but also other nations failed to ban the Internet. So what do you expect when you say and are witnessing that they are trying to ban Bitcoin like what they tried to ban the Internet?
Do you know that Bitcoin has much more impressively growth than the Internet?
In 1990s, people tried to ban the Internet and now, 30 years later, we know that they failed eventually. Bitcoin has had 13 years in history so far and it won't die. 13 years old is good enough to say Bitcoin is here to survive and will stay with us. The world need blockchain technology and Bitcoin is the first successful blockchain-based project.
|
|
|
- Not your keys, not your coins, as people say and get more on https://notyourkeys.org/. So the first thing to do is choosing a non-custodial wallet to use
- Verify wallet to make sure you download a legit wallet, not fake and phishing one.
- Back up your private key or mnemonic seed
- Where to store your backup? Locations should be offline, safe and secure, not online and on third-party service such as Dropbox, Google Drive, etc. It's terrible when you back up your keys/ seeds and give it to others.
- Test the validity of backups. Make sure you don't make mistakes, typos in backup process.
- Have plans to check backups after a while sometime, 6 months for example to make sure nothing wrong happens with your backups.
Recommended wallets from Jameson LoppCrypto Security - Additional Protection For Your Seed/Private Keys
|
|
|
Scammers repeat their scam methods to find new victims. You are safe if you are aware of some facts - Admins never DM you first
- Admins never ask for money
- Admins never ask for private key or mnemonic seed
- Any offer from strangers which is too good to be true is scam
It is not too difficult to know and most of people get scammed because they are either too naively or too greedy.
|
|
|
Bitcoin is a peer-to-peer electronic cash and it has a decentralized network from hashrate ownership to geo-locations of mining farms. I am sure that Venezuela or any single nation won't bring any ending for Bitcoin network. In addition and more important, the Bitcoin adoption has a best rate in history of human society. The best ever I mean, even much better than the Internet. Do you see how the Internet has changed the world entirely? Bitcoin has already changed the world and will be able to do more than that. Bitcoin mining map shows that Bitcoin mining has spread over the globe, not in a single nation.
|
|
|
Right people have some pre-assumptions about Bitcoin and with slight decline in prices also we see this negative news or statement popping over the internet like it's dead or bubble has burst out.But bitcoin is digging them up in piles and last few times we have seen decline in haters percentage as they might know it can't be stopped and it will rise each time with more stronger boost so we should keep quiet.
Not assumption but something like obsession or intention. They know how good or bad Bitcoin is in comparison with other assets. They just try to distort the fact and mislead people who are not knowledgeable about Bitcoin. What purposes do they want? To prevent as many people to get exposure and accept Bitcoin as possible. However, unfortunately for them, after 13 years, since 2009, now and in future, they won't be able to stop Bitcoin. I have a different theory: what if nobody cares about Paypal? They know it's not going to get much bigger than it currently is, and chances are something will replace it. Bitcoin on the other hand can get much bigger, so Bitcoin news is much more important than Paypal news.
Paypal have to adapt to the big trend and have to bring Bitcoin to their platform. it is a proof that they already recognized how Bitcoin has changed the world and Paypal will have to grow together with Bitcoin.
|
|
|
It looks like anyone expecting an NFT board to be added by an admin will have to accept the fact that it won't be a reality soon. I have looked at several other thread for the same proposal but all ended in vain.
NFT is a branch of crypto market but it is young and need time to mature and get accepted. More risk in early days of anything and NFT too so that NFT branch needs a few years to mature. As basics of Lindy effect, with time, NFT branch will mature more but it means NFT branch must survive over time too. I believe in the future of this technology as always there are both opportunities and challenges which co-exist. Bad projects will die, good projects will survive but NFT branch will be here to stay.
|
|
|
First, not your keys not your coins. CEX means they mostly only give you custodial wallets that mean you don't have any key. Second, CEX means centralized and are regulated by governments so whenever governments bring serious pressure and ask those exchanges to do KYC on all customers, they will do it. Then you might get trouble with KYC procedure and in worst case, your coins will stuck on those exchanges. Lastly, CEX means if their exchanges get hacked and unable to compensate for customers, you will lose your money. In addition, they can use hacks as reasons for their scam exits.
|
|
|
After read this thread I checked my email, I don't find in my inbox but in junk folder. I'm forget how the setting which help me avoid the trap by don't received this on inbox.
Good for this time but you can check your email with https://haveibeenpwned.com/If your email is pwned in data breaches, you will see a read alert and message like below. It's will be your time to change your email password, reset your 2FA (wipe out current 2FA and set up a new one) or switch to a new email address. Oh no — pwned! Pwned in 9999 data breaches and found no pastes (subscribe to search sensitive breaches)
|
|
|
Actually I was looking for what this signature means and how it works and I now found what I was looking for because indeed I am still confused by things like this so indeed by searching directly sometimes it is very difficult to find because I still don't know where it is
Signature campaign should not be reason you join the forum and stay here. There are more things than that and knowledge is the most valuable thing you will learn from the forum community. Then, it will be your turn to contribute to the community with your knowledge and experience.
|
|
|
Hovering your computer mouse on links and you will see real links and if they are shortened links, you can copy and paste them into https://redirectdetective.com/, you will get real full links. Metamask does not store user seeds and all is stored on your computer. So that it is unreasonable to have KYC requirement.
|
|
|
2. Have the spirit of holding
You will only be able to hold if you invest with your money. If you borrow money, use leverage, whatever source of capital which is not yours own, you won't be able to actually hold. Loan repayment calls, margin calls, collateral liquidations, etc. will kill you and you will have to stop your hold anytime. 3. Never give up 4. Never be discouraged
It depends on what project or coin you invest in. If you invest in shitcoin, you have to determinantly give up before it is too late. In bear market, altcoins have /100 or /1000 that is not a strange painful fact you can see. 5. Always trade with the right platform
Not your keys, not your coins. It is what people talk about in crypto. That means you must own private keys or mnemonic seeds in order to actually own your coins or tokens. Store them in custodial wallets with which platforms own keys/ seeds, not you then in the end, you don't actually own anything if they pull the scam exit. https://notyourkeys.org/
|
|
|
- Read - Learn - Search - Read - Learn. The cycle is important so let's check
- About Bitcoin. Let's use non-custodial wallets. Don't trust, verify and always back up your keys/ seeds
|
|
|
Don't count your posts and only write posts when you have convincing reasons to do it with intention to contribute something for discussions. If you count your posts, you will keen to make shit posts. In the forum, there are campaigns with pay per week or pay per post. It's hard to say what type is better in terms of less spamming on the forum. It depends on campaign managers and posters. Spam posters will do spam if campaign managers are not strict when counting eligible posts for payment.
|
|
|
|