AV softwares can not protect you. They work with their data base and heuristic algorithm. Their softwares can fail to fight with totally new threats and can not protect you. Perfect solutions - Store your cryptocurrencies offline
- Store back up of your crypto wallets offline
- Dedicate one service to use for crypto wallets and transactions when you need to broadcast. It can not be applied for all but if you can, please do it
- Have a healthy web-surfing behaviour
- Keep your cryptocurrency investment in secrets. The more people know you are crypto investor, the higher prob that you will become a target of someone else
- Don't use cracked softwares or free trial AVs
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I don't know if it's just me but I don't really like Blockchain explorer. Blockchair and mempool.space seem to be much better options for me as they can even show the priority/position of my transaction in the mempool
You can check the estimated priority position of your transactions with - Blockchair.com. It shows Priority position of yours among total waiting transactions in the mempool
- Blockstream.info. It gives you the estimated space of your transaction from the tip of mempool
- Johoe's Bitcoin Mempool Size Statistics. Hover your computer mouse to the fee rate of your transaction and see the estimated size (virtual byte) from tip of mempool.
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If banks and governments create their own cryptocurrency, will the people still be the ones to give value to it like Bitcoin and will we be able to store it in our own ledger to protect our own money?
CBDCs will be backed by fiat currencies and they are not digital assets to trade like cryptocurrencies. They are almost similar to the stable coins like Tether USD, BUSD, USDC, etc. but they are more centralized (not by companies but by governments and central banks). They can be minted by governments like huge fiat currencies were printed & distributed for QEs in 2020 and 2021. Many governments tried to keep the economies go forwards with less visible effects from the pandemic. |
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my web browser fills my screen with a candle graph and a tone of other information.
You need to understand basics for trading: candles, supports, resistances, basic patterns. My goal is to be able to look at that webpage and be able understand/navigate the whole thing. But there has to be a class on it. And so far I've found online beginners classes spread around the internet
You can get many free resources to use. Personally, I think they are enough but you will need your own experience from your pratice. - Practice will cause losses for you. Don't feel sad but it is the fact
- Split your capital to 10 parts. Use each part for each time of your practice. Ten losses can help you learn more than only one loss with same total capital
Some free sources |
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It is frustrating and I got the problem in the past. I can not find out ways to fix it and stop the overlays of volume chart on the price chart.
In fact, I did not spend too much time for it. I use different browsers so I simply switched to another browser. Later, when I clear history and cookies on the browser that has the problem, it was resolved. Maybe I and you mistakenly clicked on something.
You can try: clear cookies.
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Thank you for this guide. Electrum is not good to protect your privacy and when you leak your IP address by checking your transactions on block explorers without Tor connection, your identities can be leaked. |
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You are not getting me right. I am not implying blockchain.com explorer is not representing the feerate using weight of the transaction, but it is not using vbyte to represent the weight.
The blockchain.com explorer gives same information (as I said) but in different representation that is less friendly for people (they have to do own calculation). Blockchair.com would rather display fee rates in two ways (sat/byte and sat/vbyte) that makes it more friendly. To send from segwit supported wallet, the wallet fee estimation will be in sat/vbyte.
Not true. Have you ever paid your attention when you use Electrum wallet? It shows sat/byte for fee estimator. Also checking mempool online, the transaction is in sat/vbyte.
It depends on the mempool observer tool you are using. The sat/byte or sat/vbyte is not the universal format for all people, all mempool observer tool or wallet. |
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It won't. Never. I made a joke topic about this |
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Top uses for cryptocurrencies: even though most cryptos are hodled (39%), users also use their digital assets for staking & lending (22%), and payments (11%). And while using crypto as a medium of exchange may not be perceived as the most important use-case (21%), actual usage (38%) suggests that crypto is taking the function of money more than users anticipate."
How many of digital assets are used for leverage tradings - cross or isolated. I can not find it in the report but this information will be interesting. Some other details I see from the report- Reasons to buy crypto: 31% for short-term trading opportunities (page 6)
- Stable coins: 78% would rather use bank coins instead of stable coins (page 7)
- Demographics: age groups from 22 - 49 are dominated components of the crypto user population. The age group from 22 - 29 is the second highest and only a little lower than 30 - 39. They are young and more adaptive. They are future of the crypto market.
- Male - female ratio is skew on the male as same as past records: Bitcoiners' Demographic over years
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Blockchain.com is one of the blockchain explorer that do not want to upgrade, they do not indicate transactions to support replace-by-fee or not. Also one thing I do not like about blockchain.com explorer is it does not use sat/vbyte as the feerate, instead stick to the old one, sat/byte. Blockchair.com is better.
In fact, they have. Check this transaction: https://www.blockchain.com/btc/tx/34128a5410e7a75c25b0770c584d45538818b6b4c522a84e8828607462a7b31aYou will get fee like this and the explorer displays it in sat/B and sat/WU. Fee
0.00019564 BTC
(52.171 sat/B - 16.764 sat/WU - 375 bytes)
You can compare it to blockchair.com explorerThey provide the same thing but in different ways and blockchair.com explorer provides a more friendly figure. Blockchain.com explorer does not have information for Replace-by-Fee. Blockstream.info explorer provides information in ETA as in 4 blocks (2.03 vMB from tip). It give a different information than the Priority in blockchair.com explorer. |
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In the meantime, I have lost possession of the email address I have used to create my Poloniex account. I wanted to re-loggin now to my account so I've reached out to Poloniex Support to change the mail address so I can log in again. Indeed I was awaiting some sort of owner verification to assure I'm the owner of that account.
You have to secure your email and your account on Poloniex, passwords, 2FA, etc. It is abnormal if exchange allow you to change your email address. It is suspicious change if you even can not log in your account and initial email. Exchanges don't take risks and let customers change account information (initial email to new email) after access is lost like you. If any exchange provides recovery by ID verification or address verification, it is good for their customers but you can not blame if they don't provide. I don't investigate account recovery process guide but if their guide does not mention about such procedure, you lose one more point. I don't protect Poloniex, frankly. 8. SECURITY OF USER INFORMATION
You are responsible for maintaining the confidentiality and security of any and all account names, User IDs, passwords and any other security feature that you use to access the Services. You are responsible for (i) keeping your email address up to date in your Account profile and (ii) maintaining the confidentiality of your User information and the security of your Account, which includes the enabling of all relevant security features. You agree to notify Polo immediately if you become aware of any unauthorized use of the Services or any other breach of security regarding the Services. Polo will not be liable for any loss or damage arising from your failure to protect your Account or your User information.
We shall not bear any liability for any damage or interruptions caused by any computer viruses, spyware, or other malware that may affect your computer or other equipment, or any phishing, spoofing, or other attack. We advise the regular use of a reliable virus and malware screening and prevention software. If you question the authenticity of a communication purporting to be from Polo, you should login to your Account through the Poloniex website (poloniex.com) (the “Site”) or via the App, not by clicking links contained in emails.
We use reasonable efforts to protect your Account, and we need you to do the same. It is important that you always protect not only your password but also the email account associated with your Account and any device used to access your Account. We strongly advise you to enable two-factor authentication: this offers you greater protection from possible attackers attempting to log in to your Account than password alone and in situations where your email and/or password is compromised by a third party data breach.
https://poloniex.com/terms/Email Address
Due to security precautions, it is not possible to change the email address that was used to create your account at the time of registration.
If you have access to the email you'd like to switch, simply create a new Poloniex account and transfer your funds from the original account to your new account.
https://support.poloniex.com/hc/en-us/articles/360040029833-How-to-Update-Your-Account-Information |
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I lost many bitcoin from tradings. Frankly, I lost my profit and unfortunately did not lose my capital from trading. I earned a lot from trading (not mention profit from investment) but I can not manage to secure it. Lost them all at the ends. It is my lessons from the past and all these are lessons for newbies. Obviously, if someone are genius newbies, they can be exceptions but how many outstanding newbies are there?  |
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How are you approaching investing in cryptos?
Fund allocation and strategies are important Fund allocation - Bitcoin is the main crypto in your portfolio: 70% to 80% for bitcoin.
- 20% - 30% for altcoins: 10% of it for risky altcoins that you afford to lose all. It is not a gamble but afford your loss at beginning.
- You can reshuffle your allocation between bitcoin and altcoin. In altcoin seasons, you can allocate more capital for altcoins but remember to switch it back to bitcoin after you take profits
Strategies - Long term (more than 1 year): More than 50% of capital
- Medium term (3 to 6 months): 30% of capital
- Short term (1 to 4 weeks): 10% in maximum
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I'm not at all surprised that any politician in any country invests in Bitcoin, they consider themselves smarter than most people, and who wants to miss the opportunity to make money, especially in a country where aren't many real opportunities.
North Korea and other nations with financial sanctions can run their bitcoin mining rigs. They will do it in secret but they don't lose anything when mining bitcoin. No data or article is available about this tactic but I think some are applying it. In any case, this Ukrainian minister has a demanding job to try to find evidence of any illegal activities if he thinks they exist. Otherwise, he must accept that people are simply smart investors, which of course is not prohibited by law.
As in my nation, governments, police, banks and laws don't protect locals if they have crypto exchanges and get scammed; or they have trades with people (trade partners) have capital from money laundering. If they are bitcoin sellers: they will lose their bitcoin to scammers and have to return fiat to police or governments. They only protect people who have fiat stolen by scammers. I think governments (police) will take over the amount of bitcoin after they arrest scammers. Even they get bitcoin from scammers, they don't give the bitcoin to bitcoin sellers. Take it for themselves. Who knows? It can happen in any nation. |
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I need a non-collateral loan. Details - Amount: 0.05 BTC
- Interest rate (in BTC): 5% / month.
- I would like the period from 2 weeks to 4 weeks
- I will sign a message for this loan.
Thank you.  |
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Update:
Done importing my blockchain wallet on electrum, the problem is, it is not showing the address I used for my service.
I don't have connection to my thrown away Blockchain.com wallet here so can not go to details to export it for you. Generally, there are two methods to import or export a wallet - Do it for the whole wallet (with seed) that will give you access to all address in that wallet
- Do it for a specific address in one wallet.
Now, assume you don't have any bitcoin in that wallet, just need to sign a message from a specific address. It seems you have a the address begins with 1, isn't it? You can import that address with private key to Electrum. - File > New/ Restore > Next
- Import Bitcoin address or Private key > Type the code with format as follows
p2pkh:Private Key for that address you need to use to sign a message
p2pkh is for address begins with 1. See details of 3 address types: Invoice addressClick on Info and you will get the guide from Electrum WIF keys are typed in Electrum, based on script type.
A few examples:
p2pkh:KxZcY47uGp9a... -> 1DckmggQM...
p2wpkh-p2sh:KxZcY47uGp9a... -> 3NhNeZQXF...
p2wpkh:KxZcY47uGp9a... -> bc1q3fjfk...
If you have your private key, you can do it. |
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Hello, am a newbie and interested to be enlightened more about the forums activities. Learning is a process
Please read it and you can ask if you need more help from forum community. - Newbies - Read before posting
- I think that topic is enough for newbies. If they are eagerly to learn, they will click on given links to very helpful topics in that topic, and read more. Read more and will be given more links in relevant topics for each subject.
- So, let's get started by reading it first. It is the first step in your learning process.
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Don't use social media platforms. Apply it to all social media platforms, not restrict to Facebook. If you use Facebook - Don't upload your personal images
- Don't talk about bitcoin, cryptocurrency on your Facebook (in status, shares, etc.)
- Don't upload any screenshot of your portfolio, past trades, balance, etc.
Beyond Facebook, general advice for crypto enthusiasts - Use non-custodial wallets and don't store your cryptocurrency on exchanges longer than what you need
- Don't store backup of your wallet file, private key, mnemonic seed, password on any online services. Store them off-line
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I can also send a video clip of my blockchain wallet interface to show the transactions I had with that bitcoin address if it can be a possible proof that I am the owner of the account.
Videos can be fake and moderators don't want to verify your videos. The signed message can be verify by bitcoin wallets, by everyone, without any required skills to verify videos (that sure more complicated).
Do you successfully sign a message on blockchain.com wallet? You can import your blockchain.com wallet to Electrum and sign a message. |
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From your experience in futures trading, what's best considering the risk/profits: trading with large volume from your capital but with low leverage (even doing spot trading) or trading small volume but combined with high leverage?
Hodling gives profits IF you do as follows - Choose a right coin to invest (hodl). The best is bitcoin
- Hodling means Spot trading if you store your bitcoin on exchanges
Spot trading means no leverage. Your statement is not accurate as you wrote low leverage for spot trading. Trading can give your profit or loss but most of traders end with losses. Serious losses will find them with Leverage/ Margin tradings. Can you also give concrete examples of the used amount + leverage per trade/position?
Don't join the so-so gambling trading: Leverage/ Margin trading IF - You don't have 4 years of experience in crypto market and in crypto trading.
- You don't have good rate of successful trades with Spot trading
- Leverage: x2 or x3 and even with low leverages, please afford your loss with margin call and liquidations
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