Net unrealized profit would be the difference in buying price and selling price multiplied by the number of bitcoin bought like mk4 said. However there is a catch here. If you are putting in USD to buy bitcoin - usually that would have been an OTC deal done privately, then this would be the case but minus some "fees" that the OTC dealer would take.

If you are doing the same on an exchange then you would probably selling BTC for USDT. Now you would to convert that USDT back to USD that I am not sure if involves fees so do check that before proceeding.

Tracking your trades using an excel sheet would be a good long term process here. You would likely buy at multiple low points when they reach and then sell gradually. Often you would be not converting USDT to USD by saving that USDT to buy BTC at lower price again to you get the multiplier of the sell/buy price to multiply the asset at hand, if you get my point.

This is the same scam site group running the lionmining bitcoin scam site.

As you can see the address of the organization is given as

Reference to my post here : https://bitcointalk.org/index.php?topic=5341965.msg57175833#msg57175833

This is a pretty big group of scam sites and marking them all is a difficult thing to do. Reporting to the registrar is the only thing in our hands so I request everyone reading this to do the same as well.

They forgot to remove the "Lorem ispum" placeholder from their FAQ page.

Doing a search on their "phone number" as listed on their footer, I found this forum link where the same phone number and address have been used for some company called ozoneinvestmentsgroup and an admin member is claiming that the site is a scam. I believe the forum to be legit and doing a good job at marking scammers there.

https://www.stop419scams.com/viewtopic.php?t=11717

Did some more searching and found out these websites (read, scams) using the same phone number.

< Deja Vu site design somewhere else?

< Double Deja Vu!
< Triple Deja Vu! Now I am getting tired of the same design.

If you do a search on that address of the phone number, several more such investment scams are going to come up. All these point towards the site to be a scam and nothing more.

There are pros and cons of using bitcoin compared to using altcoin and using fiat.

Free thought is encouraged - the presence of altcoins only confirm that. Now why they exist in the first place was because bitcoin had some downfalls in terms of people using them like fees increase with price, network congestion with craze in the mainstream market. Altcoins try to cover up the market in such situations and I feel that is a complementary process that helps decongest the bitcoin network with time.

It means that the altcoins are not all useless, but also note that most altcoins that have been developed have died out and only the top 100 altcoins in the market have been able to make any impact.

This ecosystem is comparable to a democratic system and not an autocratic one. People are free to use any crypto that they want but will have to bear consequences according to the pros and cons of that currency.

OP seems to be new to this, thats why I asked. None of the well known crypto niche news sites seemed to cover any such recent news. Probably OP found a article somewhere about it.

Mostly they were "thinking about" "might start" sort of thing. Not any concrete approval that a certain ETF has been launched and is being publicly traded on such and such exchanges.

The usage of bitcoin as per country data shows North America among the top. No ETFund being set up there is a bad thing.

The craze for the ETF did die down very quickly and I remember at that time every place on the internet was talking about ETF as if right now the ETF would be done and market was rising as well. But then it died out and after a long time I see someone talking about it on this forum again.

I find it amusing that you are a 8year old account owner of this forum and you ask a question as basic as this one. Where had you been all this while?

Skepticism aside though coming back to point, comparing two modes of speculative trading will never yield an absolute answer. Ask the same question on a forex trading forum you will get answers biased to forex, ask that in a crypto forum like this one you will get answers biased to crypto.

It is a choice of previous experience and knowledge. If someone is experienced in forex and has been doing it for the last 15years, they would hardly move to crypto and start anew. Although that could be a fruitful venture, but the age progression of humans make them less conducive to learning new things and therefore they will likely not be able to profit from it.

Both are profitable and both can bring huge losses. If you havent done either, then look for the one where you currently have more knowledge in.

It is a placebo effect only. In reality they are all random picks based on assumptions or manipulated picks based on which project paid the owners to pump their coin so their advisors could sell and sell off the shitcoin to a newbie.

Sharing shilling information. Not reliable I would say. What is reliable is charts which already exist and the analysis that you can do on your own.

Most newbies want to get-rich-quick and they quickly learn the reality after getting whitewashed by these signals groups. That greed is what makes them go for such groups and the memberships. All of that is a waste of time and money. They should ask themselves if you need to pay someone to profit, why you are paying at all?

Things always start with the geek, then become mainstream and then get the recognition that was supposed to come.

Bubble? I would not call it a bubble anymore, maybe that thought was there when bitcoin was about to touch 10k USD but not anymore.

Also dont get your simile of old computers that dont run - that is junk and only worth selling at whatever price you can but bitcoin is growing in price. Development is happening behind the scenes on Core and gaining attention from the world's big companies.

"Fiat" please dude, make sure you read your posts before closing the tab.
Bitcoin being allowed for merchants who are into e-commerce will be the next big thing after Paypal allowing bitcoin. Very soon we might see this happen because once the companies start accepting bitcoin one by one all follow suit due to peer pressure.

So I did a check on the text written on the about page of the website and turns out that they are copy pasting the same writeup on some other shady investment websites.

Take a look at these:

Just the first page of the search engine revealed this, I am sure there are hundreds more of these sites.

If all these websites are being run by the same group then there is no question of being a legitimate operation of multiple investment sites, they are all scams.

Anyone reading this should know that the above listed site has got zero legitimacy and those who are not caring about the risks of getting into such a hype/ponzi/scam, good luck with your money.

But supporting a project does mean that the backer has some interests in it. Very few people would back something just out of pure emotional connection. VCs do that for profits because they have the skills to identify a possible profitable project from a non-profitable one.

I get your point but most of the users here have come to back projects to get paid. One of those could be by becoming a part of the project in future but I dont see that being the most common case for VCs or retail investors.

SBD is a good example for how alternative use to money can be obtained by using the same altcoin. This is lacking in most altcoins - an inherent method to develop a supply/demand gap. That drives the price and keep the market active.

That is normal though. These small fishes help the bigger whales cash out their profit, exactly the reason why celebs make such comments on social media, the breeding ground for shills and manipulative media.

They brought in their own downfall with that. Fear of missing out, like I said previously makes people do wrong things at the wrong times. Buying at the time of selling is the one mistake every trader should be careful of when prices are unstable.

See how the celeb hype died down now? Even paypal made a new headline with their news, but people are not covering that or pumping the price up. That is what happens when people watch too much of social media. I expected the price to move up a lot with that but I guess the effect will be late in showing in the market.

The crypto market runs on such rumors, it would be a good time to remind yourself why you got into DOGE in the first place. Was it because some millionaire celeb told you to buy it or did you have a specific reason to believe that it will go up in price?

Listed or not listed on coinbase is not the point here. That would have a temporary positive effect on the price, correct but the long term value for holding in your case depends on your reason as I asked above. If you have a logical reason and you believe that to be correct then by all means dont sell at this time. But if you are second guessing yourself, put that mental stress away once and for all and sell in case the price rises beyond your buying price.

There is no need to burden yourself with such questions as long as your mindset behind buying that coin is sound. This is also the reason why one should never listen to others to trade but make decisions by themselves.

But you are asking for an unsustainable thing anyway.

The altcoin staking system is not sustainable. Ask why? Because once a group starts staking a coin, there will be a constant rage to accumulate more and more by that group. The good thing is that the prices will go up but the bad thing is that the chances of getting an ROI with the same investment capital becomes low. The ones getting in late will have no chance of making any sort of return and very soon this ends up being a manhood-war between the bagholders. Silently other bagholders sell off their holding at this inflated price and then exit the same leading to the end of that altcoin.

Same will happen with all the DeFi lending pools.

Only the ones who remain profited at the ones who were diligent to get in early and buy a huge stash and then exit before the peak happens. It becomes a rat race for joining the next big shitcoin.

You might have a different opinion, but I have seen the ICO market, the defi market and the concurrent "passive earning" traps set up during each of such hypes. All them are rat races. But if you can "sustain" them then good luck to you.

To answer your question though : https://coinmarketcap.com/yield-farming/

If it would not breach your privacy, is it possible to share this information here? Blur out any personal details and the rest can be made public.

If they are making some claims or managing to convince you, then these people need to be identified by their mode of operation. This could help many newbies who are into mining and fall prey of such low creatures.

Also you should inform the law enforcement in your country about this. Dont take it that they will laugh at you for doing such a mistake. A scam is a scam and you must do your part - who knows maybe the scammers have targeted other people in the same country and age group.

What is the inner meaning of a meme coin? That it is a temporary hype and people are going to profit from it for the short term.

Does not mean that the coin will go out of existence form the internet. But the price will not have any organic movement. So in short, memecoins or any other shitcoins dont survive for long. That is why they are called so.

If you have any such coins, sell them at the next pump and forget about them. Dont cling onto things that have proven to have no future. Focus on bitcoin and how to increase that stash.

Another celeb might come and pump the price of another shitcoin, if you would already own that, sell it when it pumps.

The best way to prevent getting scammed is not take part in them at all. I agree with your point.

It is a bad thing that many VCs and retail investors have previously tried to back crypto projects and realized the truth that they cannot go head to head with a mainstream project of similar idea and that is what leads to the bankruptcy and failure of the crypto projects. The projects tried to publicize themselves doing airdrops and so on. But this has become a place for scams and free labor for the bamboozled bounty hunters.

Right now, the only thing that can be done to book future profit is buying bitcoin. No diversification into altcoins, if you have money to spare go to traditional fiat markets and buy some stocks, bonds, metals.

You can trust a bot that you develop yourself. The usefullness of the bot is that it can run a trading strategy without you having to be awake all day since crypto trading happens 24x7 everyday compared to stock markets which run for limited hours every day.

But there are some malware filled bots in the internet and darknet which you should be careful of.

However everyone is not a developer and for them the Gunbot which is developed by a member of this forum Gunthar and endorsed by many well known users, is a good tool.

Those free telegram signals look pretty and they always force you to go for the membership which is also a scam but one you cant legally counter. An average trader would actually be willing to pay for that and therefore should get this in their head that they are bring scammed.

Correct.

Wrong, this is also a positive.

We tend to see regulation as something bad but do note that the reason of why bitcoin and crypto have a negative image in the public mind is because of the money laundering that happens with the lack of regulation. If they would be regulated, more governments would be willing to allow trading freely and removing the "grey area" concept that has been plaguing this sector.

Who needs to be put behind the bars are the ones who manipulate and take advantage of the pseudo-anonymity provided by crypto. Those are the criminals and they are always going to vote for non-regulation of crypto because it hurts their business. Try to understand this.

Retail investors who pay their taxes and abide by laws will be willing to do trading but currently facing apprehension regarding government stance - they would be more interested in crypto if it would become regulated.

Your question in the title and the OP dont really match but you are asking something similar.

In short there is no method to clearly mark a project as scam but there are methods to detect if a project is a possible scam. You will need to do some basic research on the project's owners, website, whitepaper, advisors.

Owners: can be fake images posted. But difficult to detect even with reverse image searches. They may have posted stock images as well.

Website: May be a recently registered website. Check their roadmap and tally their dates with the website. Usually a scam project will take the timeline way back than when the website was launched.

Whitepaper: May be copied from other sources.

Advisors: Many times we have seen well known crypto VCs getting their faces posted on scams and saying that they are advisors of these projects. Very simple way to solve this, log in to linkedin and send that VC a private message about the project and if they know about it. Most VCs who are active enough will reply and reveal if they did invest anything in that project or not.

But dont waste time on airdrops - I call them shitdrops for a reason.

Using the market metrics to determine whether a project delivers or not is a wrong method to evaluate them.

Is there development occurring in the project? Either clandestinely or publicly? If so, then it is good for them and that will determine their long term value. If they are trying compete with a mainstream project that has already been established then they will likely never be able to get a ground-hold.

Majority of the projects that failed in the past made the wrong decisions of following mainstream developed projects.

If they have a vision that is feasible and people are willing to support them then the price will go up. But dont forget that price is only a metric that is determined the supply vs demand gap. Price is not a function of how successful the project is. There is a combination of objective and subjective terms here.

Supply on the other hand determines from a trader's point of view, in the short term, how much pump-easy the project is. That is both good and bad.