I agree with you statement because I feel same about those influencers. Their main targets are those greedy people. Those fake gurus do their planning in very proper manner that those greedy people won't notice the manipulation that they are going through. Once they fall into the trap of the influencer, they will blindly go with the call and purchase the shit-coins that can go 100% down anytime.

We can fight those fake gurus by educating the newbies through Youtube and other social media platforms. If those fake influencers are using the social media for manipulation then we can also use it to produce quality material that will help those uneducated investors, or I must say those greedy fellows.

Round 1

• Re: LondonLink - Would you invest in it?
Category : Opinion
Section :  Trading Discussion

• Where do bitcoins on exchanges come from ?
Category : Information & Opinion
Section : Bitcoin Discussion

• FIVE TIPS EVERY BEGINNER SHOULD KNOW BEFORE INVESTING IN BITCOIN.
Category : Information & Opinion
Section : Beginners & Help

• after listening to manupulation, i think in this way
Category : Opinion
Section : Trading Discussion

• Question Of Thought About Crypto Winter
Category : Opinion & information
Section : Bitcoin Discussion

I don't think that I'll ever invest in this company or its crowdfunding campaign. The company might be operating since 2013, but it lacks proper details and that makes it somewhat fishy to me. By the way, those crowdfunding campaigns doesn't show the legitimacy of a company.

Participating in their crowd funding campaign is risky and no body with proper mindset would invest in such companies. I know that initial investors might have the chance to earn 1.5x or more but it's still not a good decision to take the risks involved in such companies.

You have asked a very nice question. The bitcoins on those exchanges mostly come from miners and some of those coins come from traders. Many of the miners sell their bitcoin in bulk, and for them the best place is an exchange. Their mined bitcoin get sold very soon on those exchanges, drug dealers or criminals will never use those exchanges to deposit their coins.

They won't use the exchanges mainly because most of those exchanges, and almost every centralized exchange cooperate with governmental bodies. They will stop the withdrawals of those bitcoins and share the details with the governmental authorities. Those drug dealers will most likely use tor and they might use other services to exchange their bitcoin into something else.

I assure you that any bitcoin you buy through a reputed exchange like Binance is completely legit and no one will ever take legal action against you. The coins that you buy from those exchanges come from legit and legal sources so chance of them being dirty is 0.00001%, that's why you can buy without any worries.

You have got a valid point, understanding the market is a essential requirement for any investor who want to invest in it. In crypto market things are different from stock market and forex. The volatility of this market can make you rich and at the same time can be the cause of huge losses.


Research is equally important in all markets and without proper research you can not gain profit in any market. Everyone should learn about the Bitcoin and crypto market before investing in it. As previously mentioned the volatility of the market can cause huge losses if not learnt well before investing.


That's a good idea because investing too much in beginning is not a good choice and the result can be the loss of the entire capital. It's always better to invest a small portion of funds to learn the market first and once you master it then invest more in it. But, only invest what you can afford, don't borrow money from banks or lenders because if you lose that money then your life will be full of troubles.


Your point is somewhat valid but trust me my friend many people have earned a lot by investing blindly in the Bitcoin. They have mastered the skill of Holding and that's the most important thing in this market. If you master that skill then you can earn without worrying about anything.

However, after reading the whole article I must say that you as a newbie have written a very informative article and with the passage of time you will learn more about Bitcoin and crypto market. I welcome you to this forum because you forgot to mention it. In my opinion, it's the primary source of information for those who want to learn about Bitcoin and blockchain because via this site you have access to learn about it from advanced users who are truly the masters of Bitcoin and Blockchain.

The news and media does that  to earn their own share of income, it's pure business my friend. In a real trading environment the trend lines and indicators matter a lot, without those you will be trading blindly and that will cause more losses. The news is full of propaganda and trusting them with closed eyes isn't a good choice.

Many institutions are following the indicators, but they are also doing the game of manipulation by tying up with news channels and sites, to make others believe in a coin that they own. These tactics will work with the coins whose market cap is not so high.

Whales and other big investors and hedge funds are known for manipulating the market. But, if you choose better coins with a proper plan, and working strategies then you can earn from the manipulated markets. Hedging works best in such scenarios, and if applied correctly you'll earn enough profit in short term.

You are absolutely right many newbies leave the crypto market after losing their capital in bear markets. They don't have proper knowledge about crypto trading and start crypto trading without getting the necessary skills that a trader must have.

I agree that crypto is way more volatile than stock market, and in crypto market any bear run could impact the price of a coin way more than 20-40% in a few days. Many pump and dump coins lose more than 99% of their value in such bear markets.

Buying at right time and holding for a long time is the only working way to earn in crypto market for new traders. Experienced traders can earn from crypto market in bear markets as well, and the earnings from crypto market are way higher than any other market. There is no luck in crypto world, only those traders win who can control their emotions, and do everything with proper planning.

He is not only a scammer but an hacker as well. Those innocent people who pay him for the script will lose their money, their account details, and credit card details. I don't know how could people do such things without any shame, everyone should be careful from such scammers.

I think he's probably selling this script on many forums and social media groups, and there will be many innocent people who will pay this guy by falling in the trap. They will lose money, their account details, their credit cards details as well as their personal files.

Such people have no morals and they can misuse those details to defame others. I suggest everyone to be careful from this user, also from others calming such things. It's impossible to generate 100 Bitcoin with such fake scripts. How could a script generate $3 million worth of coins a day? Anyone with commonsense knows that such kind of claims are not but scams to trap innocent people.

Those who don't believe in your words give them the link of this site. Once they visit it themselves they will believe in your words after reading some posts. This site isn't unpopular, it's quite popular but those who are well aware of Bitcoin not for those who  doesn't know about Bitcoin that much. Whatever they think that's their own problem, you have done a great job by joining this forum. Welcome to the forum!

I agree with you that Satoshi is truly a genius and he made Bitcoin that shows his intellect. But, like others he also might have learnt from his past mistakes. The more we try the better we become. The halving happen when 210,000 blocks are mined and that takes almost 4 years time. And the rewards will cut into half with every halving. That, will increase the price of Bitcoin.

You have chosen the best option my friend. With Bitcoin no one will ask you to pay for maintenance and other fees. You're the boss and you can decide when and where to spend your bitcoins. I agree that in current economy structure we are highly dependent on the banking system but in future Bitcoin and other cryptocurrencies will definitely be the option for all payments.

You should stick to Bitcoin, it's in fact far better option when available, and soon it's going to be available as a payment option in many sectors. That's our firm belief and trust that one day Bitcoin and other valuable cryptocurrencies will take over the fiat or at least work as secondary payment option along the fiat.

When Bitcoin reached $19k + in 2017 many cryptocurrencies were pumped to their all time high. People were thinking that if they trade in crypto world they will be rich within months. However, the sudden crash of market in 2018, and the news of bubble busting destroyed their hopes. Many people have lost their initial capital in that crash.

In that crash only few well-known coins survived, but most of the coins that had no good use cases were totally bankrupted. The reputed coins like ETH, LTC, XRP, and some others, have survived in that crash. In 2021 most of the surviving coins reached their all time high including the king of the coins Bitcoin.

Bitcoin survived because it's the backbone of the whole crypto world, and it was the crash of Bitcoin that made other non useful coins to flee away from the market. Bitcoin in such scenario is always the best choice for investors, in 2021 when Bitcoin reached its all time high, with it many others coins were pumped more than 10x to 100x in that bull run.

This time some coins that were vulnerable caused the market to crash badly, one of those coins was Terra Luna, it caused a lot of stress in the market and many people have lost Billions because of its unwelcomed crash. Many exchanges were bankrupted because of Luna, and after that crash of FTX made the situations even worse. Bitcoin fell to $15k-16k levels with that bear run, and many users gave up on crypto, but now the market is recovering, and if things go well then the Bitcoin will reach all time high this time.
 

I don't think that Bitcoin price will drop below 20K anytime soon. Everything is in favor of Bitcoin right now, and some people even predicted a way higher price range for bitcoin in this bull run. But, investing in it is your own decision, it can still drop back to 25k, or it can also reach 35k.

If your intention is to hold it for long period then investing in it now is a good thing, but if you want to earn some profit at 35k range then you can wait for a drop in it's price but that's unlikely to happen. I believe that Bitcoin will reach 35-37k range in coming months and it can even cross those price ranges. But, still I recommend you to do your own research before investing in it.

Bitcoin is always up 24/7 and it'll always be up, so comparing it to traditional banking systems isn't a fair thing. I know that banks are closed in most countries this weekend, but that doesn't mean their digital apps aren't working, they can use those to transfer funds easily.

I agree that Bitcoin is at another level and those banks or central authorities can not control it. In fact in such times use of Bitcoin will increase, but not so much because bank account holders can still access their funds by using those digital wallets.

It's true that the decentralized nature of Bitcoin is at another level, and its use is simple and secure, but like other financial systems it's also prone to social engineering. Those who aren't well aware of the blockchain and Bitcoin in general, and they start using it without gaining proper knowledge about it, can still lose their money. And, nobody can recover the lost money for those newbies. It's a must to have proper knowledge about Bitcoin before using it.

I think it's not going to happen anytime soon. Bitcoin is still struggling in US economy because of some so-called experts who think that Bitcoin could be the cause of US Dollar devaluation. But in future there are some chances that United States and other countries are going to accept bitcoin as a secondary tradeable currency to fiat.

If all countries of the world accept Bitcoin as a legally tradable currency then things will be different in crypto world. The volatility of Bitcoin will not remain the same and it will be treated as an asset just like gold.

I'm not sure about fiat USD, but you can buy USD stable coins like USDT from Binance without any issue. Once you bought those USDT then you can send those coins to your wise account by clicking the P2P trading page.



In P2P trading page select the payment method as wise. After that find a trader with positive trades, and then open a new trade with the trader. Now select the amount of USDT that you want to be converted into fiat USD, and wait for the trader. Within few minutes you'll receive your fiat USD in your wise account then release the USDT to trader.

I don't believe in reincarnation because that is part of a certain people's belief system. It's 21st century, and even till this day no one has reincarnated in this world or somewhere else. Even if someone has got another life in the form of reincarnation, but no body has ever been able to prove that.

According to my beliefs, we have got this life for one time only, and it depends on us that how we can utilize it to do good things for humanity and for our loved ones. If we make something that helps humanity then we will live forever even after death. Death is an experience everyone has to go through, so always be prepared for it, but still enjoy every milli-second of this life.

I also believe that life can exist in other planets, and I believe in all those things that my culture thought me as a child. But, I've always been excited about exoplanets and astronomy, and that's why I believe that there can be some planets just like earth where life could exist.

You have posted in wrong board. You are not providing any service, and this board is for services. You should move it to suitable board to get a quick answer. I think the better board for your question should be Off-topic.

That Phil Wilsons has made up that story only to get attention of Bitcoin fans, and that's trap to get more orders from other crypto currency projects. The secret behind logo of Bitcoin is also not publicly revealed by Satoshi, and his claiming of being part of Satoshi Nakamoto group member is just another conspiracy made by him and people like him, I would call them attention seekers.

The Bitcoin its logo and anything related to it's creators has never been announced publicly, and those who are claiming themselves as Satoshi Nakamoto or refer them as a group of members who worked on Bitcoin project are just attention seekers. Even if original Satoshi Nakamoto claims himself as creator of Bitcoin, still no body will trust that claim, and that's not going to happen my friend. As of current date and time no body knows that who was Satoshi, and why he disappeared after creating Bitcoin?



If we look at the first logo of Bitcoin we can probably say that it was created by Satoshi himself. The first logo of Bitcoin was very simplistic and anyone with a designing application and some designing skills could make such a logo easily. The second logo of Bitcoin was somewhat complicated, but that doesn't mean that someone else made it other than Satoshi. The current logo of Bitcoin made in 2011 is also not very complicated and anyone can make such a logo with simple designing skills.



 

At current price of Bitcoin, 1 million dollars investment won't move it even a 1%, and you must keep the volatility of Bitcoin in your mind because there can be sudden dumps of 2-4% anytime due to bulk selling. If a sudden dump takes place then your own capital will move downward anytime. That 10 millions can impact the price of Bitcoin a little bit but not too much, the previous scenario can still happen even if you put 10 million USD buy orders.

In order to move Bitcoin from it's current price mark, the investment of about 10-50 millions is needed. That might move the market upward for short time, but even in that case many of the current holders might start bulk selling to earn profit from their holdings. In that situation market can still move downwards, not by a lot but a little bit for short term.

I really appreciate your efforts for making such a good and simple guide for newbie traders. You have mentioned in your post that you recommend newbies to start with swing trading, that's a good tip, but you should also tell them to buy only when prices are low.

Many new traders give up on trading when they start trading without any proper knowledge of trading, and invest their capital in coins when the market is pumping to high prices. Only a few of them will make profit in such situations. Most of those new traders will lose 1/3 of their portfolio when market suddenly goes bearish.

Another good tip for new traders is to trade only Bitcoin or reputed altcoins that are not highly volatile. There are so many pump and dump coins which can be profitable for exchanges as many greedy traders will buy those coins when they see those coins pumping 200% or more in 24 hours, and lose half of their capital overnight. Those highly volatile coins are riskiest for new traders and they should avoid them at any cost.



Your trading plan is quite interesting, and very well working plan for many traders. But it would be far better if you could expand your plan by giving some detailed examples at different price ranges. That way the newbies can learn even more from such a good plan.