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Some people have already suggested you with platform that gives you stable returns. I would still be cautious when investing in those platforms. You know, you will be trusting those platform with your money with no security at all.
Since you have heard about some platforms, why don't you name it so that if any of those are known scam platform, people can report it to you. 3 to 14% yearly sounds reasonable, but daily/monthly sounds a bit too good to be true.
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Many warnings have been posted about the possibility of DeFi exits scams across different platforms including bitcointalk but it seems people are simply too greedy to take advantage of the hype and profit. As it turns out, many of them got burned from projects like Yfdexf.Finance. As reported, Yfdexf’s team managed to run away with $20 million. Their official website, medium, telegram and twitter accounts have all been taken down to not leave any traces. What happened here is also another reminder to all aridrop and giveaway hunters out there to be careful in what you are sharing in exchange for some rewards. You might not realized it yet, but you are also helping these scammers. Yfdexf’s team organized many giveaways to create hype and many of these hunters just joined without even thinking about what they are promoting. Not surprised to be honest. I also kinda don't feel bad for those that got scammed. They were warned multiple times, yet they still invested on those coins with the hope of making some quick profit within few days. There are still new and old defi projects that are potential scams, but people are still promoting it and investing in those projects despite most of the people warning against them. I wonder how many people are going to get scammed and lose money after the defi trend is over. |
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There are already a lot of books for crypto currency newbies. Bitcoin might be difficult to understand for some people that aren't tech wit. For understanding how bitcoin works, they need to understand the whole concept of blockchain for which they also need to know what hashes are, encryption and other computer science related knowledge.
But, to use bitcoin, people don't need to understand the details on how it works. If a person knows how to use paypal, it will be a piece of cake for them to learn how to use bitcoin.
Understanding might be difficult, but using bitcoin is easy.
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Good day crypto miners, have any of you guys order for graphics card on aliexpress? How is the experience? Since scam is all over the internet this days I don't want to end up losing some money, I want to buy some gpus and start mining crypto in my basement, thanks
I would be skeptical about ordering anything from sites like aliexpress (never tried though. It is China based I guess). Their offers are sometimes too good to be true and looks dodgy. Probably selling some random Chinese clone GPU. Have you heard of Wish.com? Lol, they sell fake products too and people actually buy them thinking they got a bargain! You will find a lot of youtube videos where people order from wish.com for fun. Why don't you look for used GPUs in Ebay or other marketplace? |
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For noobs, HODLing is a term used for "holding" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?
How do you know that they didn't sell their coins when the price was $20,000? Even if they didn't they probably had different goals. They might be waiting to sell their coins when the price reaches $25,000. They believe that the coin they have invested in has more potential and is undervalued. Isn't this a good sign? They don't fall for FOMOs, hence they don't even think about panic selling. This is a trait every investor should have. Set a goal and keep holding until the goal has been reached. But it is a whole different story if you are holding a shitcoin. Exit as soon as you can or else you will be wasting time holding the coin. |
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It is never late! If you keep on waiting for the price to drop, you will be waiting forever. Learn of other peoples past experience. When the price was around $3,000 USD, they thought it was too late to buy bitcoin or too expensive. They waited and the price never dropped again. And now it is around 10k USD and is more "expensive" for them.
You don't have to buy or invest in one whole bitcoin. You can always invest in fraction amount of coins and still make some decent profit! Or you can try some other well known, well established altcoins!
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Somedays ago, Kick price reached above 40 satoshi but now its price has decreased at 20. That means, Kick price has backed to its half. Do you think, this is the best time to invest on Kick or wait for again price fall? Your well thinking suggestion is highly appreciated.
Lol, what's Kick? Never heard of that. Probably another shit coin/token. Why would you want to buy those tokens? You will just be wasting your money. Instead of investing in those random tokens, why don't you invest on some well known coins/tokens? If you wait few more days, you will see that the price might be dropping more and then the toke/coin will eventually die like rest of the shitcoins out there. It is probably dead already. Look at the picture posted above my post. -99.99% ROI lol. Don't wait and waste your time. Look for other coins that might be worth investing in. |
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When all the 21 million BTC have been mined, as set by Satoshi Nakamoto, there will no longer be rewards from mining. But the price of BTC and by extension transaction fees will be so high that miners will live just on the fees.
If the transaction fees ends up being "so high" than normal bitcoin users won't be using bitcoin anymore due to the "high fee" they will have to pay. I mean, if someone wants to transfer 10 USD worth of coins and they have to pay 50 USD in fee, no one will be crazy enough to use bitcoin. If bitcoin users goes down, the miners won't be able to "live just on the fees". We will (or our next generation) know what is going to happen after 100 years. Probably we will find out alternatives or other solution or better technology might be invented that will keep mining profitable with receiving normal fees without block rewards. |
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I am used to few soccer prediction sites such as soccervista.com, windrawwin, goldenwin.com, in which I have noticed their accuracy is less than 50%. Please anybody with better free Prediction sites asides those mentioned earlier
You don't need those "prediction sites". They are not worth joining. Since you will place the bets, it is better if you do your own research and analysis. You are risking your own money, so you will understand better or do better analysis than a random guy who isn't risking anything. If you don't know anything about sports betting, then just don't place bets on sports. They are not for you. You can't expect someone to do all the work while you just place the bets. Don't even think about joining those "paid" groups. They are scam. |
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Maybe most gamblers don't have a limit and lose their control to manage their money, but I am sure some gamblers can stop gambling immediately because they realize about gambling is just for fun things. Maybe we all have experienced losing all of the money in gambling, but from that experience, we realize that we must control ourselves to manage our money and our time in gambling.
External limiting features can be added, but the gamblers need to take responsibility for themselves, including to avoid becoming an addiction to gambling. No matter how good the features in gambling websites, if the gamblers don't control themselves, it will be useless for them because they will lose more and more money.
They are an adult and they should be responsible for their decision. Others can't baby sit them forever. But, yeah if you see someone close to you is addicted to gambling, then you should help him. Though, remember, you can't really help someone who truly doesn't want to help themselves. No matter how much you try, in the end they end up acting the same way they used to. You should help him when he realizes that he needs help and truly wants to change. Or else you will just be wasting your energy and time. I have learned this the hard way. Those external limiting features won't help. They will eventually find a way to "bypass" those limiting feature. |
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Hello everyone!
At this moment, i think Defi is a hot word. Do you think this is beginning a new trend or will be end soon?.
I am a trader, but i have earn a lot of money from Defi coin by ICO, i do not think Defi trend can go long time.
It is an on going trend and no one knows when it is going to end. Since you have already made a lot of money from the DeFi trend, I guess it is time to quit. Don't get too greedy or you will lose whatever you made. But, this is totally up to you. If you think you can still make more, then go ahead, no one is stopping you. Just don't forget about how the ICO trend ended and left many people hopeless. |
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Anyone that follows an influencer and listens to them blindly are plain stupid. Do you really think they are interested in bitcoin or any crypto currencies? Nope. They just tweet about them to get some attention. They know nothing about crypto currencies. They are ready to do anything. Like you said, the whole thing was staged and the influencer did it just for the money to promote Chainlink which is probably a shitcoin. They don't even care if it is a shitcoin or a scam coin. After everyone gets scammed, the influencer will start acting in such a way that they got scammed too and try to gain sympathy.
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You shouldn't be gambling in the first place since you earn enough to pay bills and meet your daily needs. This is the kind of mistake everyone makes. They think gambling can make them easy money. True it can make you easy money, but it can also take everything away from you within few seconds! Gambling should be seen as a form of entertainment, not as a form of money making. Even if you have "self control", you shouldn't gamble if you can't afford to lose. Gambling is about money, but it gives me pleasure in anything I can win. Recording win and losses is very insignificant and completely useless. I have tried all kinds of trick and tips to increase win and chances, but none of them have been able to bring me a big win.
There is no such things as tips and tricks to make money by gambling. Those are just all gamblers fallacy. |
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-snip-
Gambling is risky, remember you earn your coins in a hard way so protect them. Gambling is profitable only if you will play in them a good way.
And what exactly is the "good way" that will give you profit from gambling? Gambling depends totally on luck. Even gambling that requires skills to play also depends on luck too. If anyone says you can make profit without making any loss in gambling is lying to you. Strategies might give you profit in the short run, but in the long run, you will lose. So if you are lucky, you will make profit. If you are unlucky, you will lose. You can only minimize your the damages done by not doing anything stupid like chasing your loss. |
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Fiat paper currency has always been like that. It isn't backed by anything but the government itself. The piece of paper has a value just because we all "believe" that it has value, but in reality it is just a piece of paper. Since it is backed by the government, they have total control over the currency and the economy. One small mistake by the government and they can ruin everything by making the piece of paper worthless. |
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LOL, coin for COVID ? what does that suppose to mean? some coin every one has he/she would get vaccinated  I would buy it if it went to Coinbase , if not just another scam! You think there is a chance that it is not going to be "just another scam" coin? Lol, why do you even have doubts? Of course it is another shit coin that is just being pumped and dumped. Only idiots will invest on those coins. Others will try to take advantage of the pump and dump. Sadly, if anyone invests in this coins, all they do is lose their money and also "encourages" more scammers to come up with these shit coins. |
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Hi gentlemen of this beloveth forum, I wanna remind you guys to try as much as possible to never leave your bitcoins or any other crypto on an exchange except you are ready to loose them.
I just lost 78.82 usd worth of bitcoins I left on one of our local exchangers here, the exchange was not hacked, nothing happened, i just logged in this morning to discover that my bitcoin are no where to be found, I quickly navigated to the withdrawal history section to see if my account have been hacked and the hacker withdrew it, but surprisingly, there was no new withdrawal history except for the ones I've previously made which the last one was about 3 weeks ago, my bitcoins disappeared just like that.
I thought of withdrawing this coin a day before but decided not to bcus I knew I will be using them soon, so to avoid paying a withdrawal fee and in 2 or 3 days time, pay transaction fee to deposit them again, i decided to leave them there, now they are gone and i cant even trace where or how they went out.
I contacted support and they claim they are investigating the issue but whatever the result turns out to be, i dont have any hope of ever seeing my 78.82 usd in bitcoin again, bcus I think they know the worst am gonna do is stop using their exchange and as well discourage people around me from ever using them.
So the point of this message/post is if you value your coins, always keep them in a wallet you have the keys.
Huh, which exchange was that? If the bitcoins disappeared from your account, that probably was a glitch or a bug maybe since no one withdrew it from your account. Since I am almost sure the coins don't stay on the "wallet" you are given. Look at the transactions, you will see once the coin reaches to the wallet address given to you buy the exchange, it gets moved to another wallet. So, even if the wallets private key has been compromised and the hacker moves the coins, the balance change shouldn't be reflected on your account since the change will take place only if you withdraw from your account (which according to you no one did). I think the exchange you have joined is fake or a scam exchange. |
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Not sure if they are banning all the online fiat casino you are talking about. I was reading about Germany removing and banning all "illegal" unlicensed ATM currently situated at the different cities and then I remember seeing a glimpse where the writer was saying that they were doing the same with fiat casinos that were operating without license. You wouldn't be able to play over there. I don't think licensed casino faced any problem.
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I highly doubt anyone faces difficulty using "banks". I mean sometimes the process is slow, but it is slow due to security reasons and other protocols. Of course if you are going to transfer 1 Million US dollar to a different country, the banks will have a good look at it. The receiving bank will want to know the source of the funds, and the sending bank will want to know if they transfer was done legitimately ( for this kind of transaction the bank must report to higher government financial authorities), so this takes few days instead of being instant. But with bitcoin using appropriate fee, the transaction can be almost instant.
People tend to avoid banks due to privacy reason. They don't like the banks and government spying on their financial matters. Also, one more reason people hates fiat is because you don't really "own" the money, you are just holding it and have been given permission by the government to spend it.
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School education is pointless because you think money is the king of everything? Lol, not really. You need some sort of education before you start unless you get really lucky or your parents gives you a fortune. Even if you get lucky without education, imagine what you would be able to do and earn if you had some good education. And what makes you think as money starts to rise, education will become "useless"?
Only Thing what will matter is Money!!
Not really. You are probably living in a dream/fantasy world. |
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