You should be realistic and dont dream that one day these $100 will turn into a million. Even a thousand is questionable. But $100 is a good start and invaluable experience. Just remember, cryptocurrency is all about patience, long term, cold head. Try to think that $100 is an entrance ticked to new world. This $100 will hook you up and force learning new. Who knows, maybe you are a great at making analysis and predictions, maybe you are cool at trading.
It is possible if he will invest first on knowledge. If he just plans to hold it long term, then he should really not expect a huge profit from his $100. But if he learns how to trade and be good at it then his capital will take him far. So my advice always to newbies is learn first about cryptocurrencies. Set aside first the amount they will invest because once they have the enough knowledge, it won't matter how small or big their capital is. |
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Bitcoin is back to $19k now after failing to break the $21k resistance few days ago so it's really hard to tell if below $15k could happen this month. As long as US doesn't report a higher inflation on their next CPI review then I think we'll be stable at this price until the end of the month. One thing I'm sure is that we haven't hit the bottom yet but it will happen this year or early next year.
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Question: How many people could afford not to sell their Bitcoin? It's possible you can't help but to sell Bitcoin for daily necessity or large unexpected expenses. Even Andreas M. Antonopoulos had to sell his Bitcoin at low price.
As they always say, only invest what you can afford to lose. If a person buys bitcoin with the money that should be used for necessities or savings then he is likely to sell it at a loss. Most people's reason for buying bitcoin is its value keeps increasing over the years. They usually think that price will be double next year so they just buy at the top without thinking any risk like these market corrections. |
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Futures trading is considered a very risky activity and should not be pursued as a full-time profession. That's a bad idea.
Most newbies think that doing futures or leveraged trading is a ticket to become a millionaire quickly. They think it's easy profit because of the leverage making your small capital earn huge. They didn't experience a loss yet that will make them realize their mistake and trading futures should not be considered a full time job. Even experienced traders don't recommend to do it because they know how risky it is. |
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You have a pro trader friend, right? Did you ask him how he does it to make good money by doing crypto trading? Because, as far as I can see, you are just hyped because you see and witnessed what he was and is now. Now, if you are really determined to do what your friend is doing, there are pros and cons that you should always know. It's not a joke to enter the world crypto trading dude, that's what you should know that I'm not discouraging you. So before you enter think about it many times so that you will not regret it later. Good luck with your decision.
I'm pretty sure his friend isn't a pro trader. A real pro doesn't act that way and won't brag about his earnings from trading but instead tell him how hard it is to dive in that field and teach him from his experiences. OP is just hyped because of the profit his "pro" trader friend showed and let's just hope he will learn the reality before he lose a huge amount of money. |
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Unfortunately I don't have enough bitcoins to splash for them to practice how to send/receive Bitcoin.
Why not introduce them to bitcoin faucets so each of their wallet can have a small amount then after they accumulated enough, teach them how to send/receive bitcoin. I don't know if there are websites that are really paying now but I'll drop a link for some faucets that you can try. I'm only familiar with freebitcoin on the list but trying some of them could be worth a shot for your students to learn more about bitcoin. https://sensoriumxr.com/articles/best-bitcoin-faucets |
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I've also thought of this few days ago because I'm planning to convert my holdings to stablecoin because of the unstable market condition. But I think it is really impossible to convert BTC to other token because native btc runs on its own blockchain while other tokens have their own too like erc20 or bep2 network so we don't have a choice but to make it WBTC or wrapped bitcoin on a network that we will choose.
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As long as countries continue to experience the economic crisis then there is a possibility that crypto will go down even more. We just entered the bear season and I don't believe that crypto has already capitulated. I think we are just in denial phase right now because there are still optimism left to some people. Once the market crash very fast that it causes panic even to diamond hands, then it could spark the capitulation.
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People who do evil work end up with what they deserve.
Good or evil can be subjective. Let's say a person that is always gambling. It isn't that bad as long as you know your limits and complete your responsibilities before gambling. He always gamble a portion of his money dreaming to win the jackpot. Normally we think that money/profit from gambling are evil money because it causes addiction. But what if he is not that type of gambler and he manages to win a huge amount and spend it wisely that completely changed his life, then his winnings can be considered a good money. We can only call it evil money if he gambled more after he won until he just lose it again. |
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We have heard of several countries that are embracing BTC, and even in it's falling state, some want to partake of it. It's quite an impressive initiative that the Swiss Post office, through it's banking arm, PostFinance, are taking to offer crypto services to it's customers in response to their demands for it.
The plan to introduce this service will be the first of its kind as it aind to independent from other banks and operations will begin from 2024.
According to wikipedia, PostFinance's main area of activity is in the national and international payments and a smaller but growing part in the areas of savings, pensions and real estate.
If this is really true, it will get a wide traction from people in Switzerland. Savings, pensions, and real estate means they have clients that belong to old generations who are not fully aware about what is bitcoin. If their adoption gets a good feedback then it will spread a good news to other countries and try to adapt it as well. For their beginning of operation, are they waiting for the next market cycle because 2024 is where next halving will occur. |
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I would like to sell my account to someone who wants to earn money with a high probability. I often see big players making crazy bets, and here you can almost guarantee to win a large amount. But this offer is not cheap. I'm asking $100 for it. I will give you my account. You go there, change password and login to your own. I will not apply for an account. You can just go there, place bets, get a profit and leave forever.
Sine you said that it's guaranteed to win a huge amount, why do you have to sell it. You would get more than 100$ if your claims are true. You already contradicted yourself by losing your entire balance so no one would believe you here on this forum, plus your style of scamming is already old school. |
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-snip
Hi icopress, I just have some concern regarding on 3rd week's spreadsheet. You've mistakenly copied my end post count from slackovic. It should be 3514 (not including this post).  One more thing, I think you paid me 0.0001btc higher than what I should've been received because 3473 + 2 (uncounted posts) + 40 (counted posts) = 3515 which doesn't match my end post count. I will gladly return it or you can just deduct it for the 4th week's payment. Edit: Don't forget to update my starting post count for 4th week once you corrected the 3rd week spreadsheet.  Thanks! |
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I'm just curious when did you start learning crypto?
Seeing posts from legendary members make me wonder how long they've been into crypto. I mean did they already knew much about crypto before their account was created here. You'll see on their posts that they have really deep knowledge about how cryptocurrencies and blockchain works. It just amazes me seeing their posts that it's like they have a decade of knowledge compared to what I know when I started to learn crypto in 2016.
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I became so in a hurry to get in, And since this information came from the CEO of the project, i totally threw all caution to the wind, i got my metamask wallet connected immediately and and clicked on the claim button, and in just about 1 second, metamask opened a transaction dialogue prompting me to confirm claim of 175,000 Unifarm.io tokens which were worth about $435, (though I was in a hurry to join the airdrop because of the little time left, I wasn't too in a hurry to read, and this was my savior), immediately i saw the .io extension on the Unifarm token, it quickly occurred to me that this could be scam, i quickly rejected the transaction and disconnected my wallet.
This is why you just don't connect your wallet to any website especially if there are many assets inside. Hackers are more clever now, once you approve your wallet to make transactions on their website they will gain access to it even if you didn't provide your private key or seed phrase. Then I open scamadviser to check the reputation of the site
This is my first time to see this website. Are they reliable in checking different sites to see if its a scam? |
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This is where real investors should be building their crypto portfolio not like others where they will just buy when it's at its hype. If you experienced the previous bear market then you should know this market sentiment wouldn't last long forever. Although it may take some years before the next cycle again, at least by that time we will just wait for a new ATH then reap a huge amount of profit.
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tama ka kabayan, simula nung nakaipon ako dahil sa crypto nagkaroon kami ng ilang house rental business kaya meron pumapasok sa amin monthly kahit bagsak ang crypto sa market. Mag invest tayo ng maraming assets huwag liabilities. Kaya kahit natutulog ka may pera parin pumapasok ika nga "let your money work for you."
Ganito dapat ang maging mindset sa karamihan ng kababayan natin. Yung previous generation kasi natin ang goal lang sa pagtatapos ng pag-aaral ay magkaroon ng magandang trabaho. Tapos bili na ng mga kung ano-anong luho hanggang sa walang maipon pang-negosyo. Di ko sinasabi na masama ang pagbili ng mga luho pero dapat balanse, dapat goal din natin na magkaroon ng sariling income na hindi galing sa trabaho natin dahil hindi naman habangbuhay ay magtatrabaho tayo. |
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If you were the casino manager would you fire the casino worker for interfering with your business or would you ban the gambler from visiting the casino?
Banning the gambler won't do anything good to his gambling habit. He will just go to a different casino or gamble online. What I will do is I will invite a psychologist to the casino to talk to him abiout why is he still gambling everyday despite of his losses and his wife just gave birth. If that doesn't work then I won't be able to do anything for him anymore as it's not the casino's concern why he continues to gamble. As for the casino worker, that is not enough reason to fire him. He is just concern to the addicted gambler and did not do anything to the casino's profit |
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If binance will be banned on the Philippines then other crypto exchange should also be restricted too. We know that there are many centralized exchanges like kucoin, bittrex, gate.io, etc. that are also not registered to BSP. I'm sure most of the people there know those exchanges.
Banning binance on Philippines will just give a bad image to its people that their country is not crypto friendly so I don't think that BSP will really do it.
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I sit on both casual and a conservative type of gambler. I only gamble when I miss the thrill of it and open to explore more games that will catch my interest. I would love to go to a real casino and try the games there that I just only know by name. I know that some of those games are already available on a computer or mobile device but going to a real one is really different because you will know personally how those business works and meet people that are really rich.
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