If newbies can start reading what people that are posting good on this forum are posting, if they read more than just spamming, they will rank up. They should know that this forum is not about ranking up, it is about having passion about about what they are discussing on this forum. The passion starts from knowing what people that are posting good on this forum are communicating, knowing what they are posting is making you to become part of them.

They are all social media, they are all the same. Facebook, Twitter, Instagram, dating sites and all of them are breeding scammers. Telegram can also be used to scam. But you avoid scam on Telegram.

On Telegram, if you join a group, be expecting someone from the group to add you and ask you to invest, it is a scam. Not only that, anyone can scam you on telegram, be careful, anyone that ask you to invest is a scammer. I think only the foolish will not know someone online and invest with them in which they are scammed.

You want people to know about the hack, that is good so that people can avoid to backup on clouds, but a topic about it is already posted on this forum, try to use the search engine first next time before you post topic on this forum.

A new warning for iPhone and Apple product users

To avoid posting on two threads, lock this thread.

Let me put it like this, the most fundamental aspect of trading is the technical analysis but the fundamental analysis can be helpful sometimes as trends can affect the market.

Example is if China declears today that they want to legalize bitcoin, people will fomo and buy definitely. That is technical analysis but which make bitcoin price to go in the up direction.

If you remebe the time China finally ban bitcoin, the price decrease from $45000 to almost $30000 in some hours. That is fundamental analysis. As some people heard to news of the ban, they were selling.

But technically analysis is very important because the price of coins like bitcoin are following certain patterns. Example is an indicator like RSI that indicates overbought market which indicates that you should sell, or that indicates an oversold market which indicates you should buy. Another is RSI that indicates a market you should enter but leave in short time like minutes after making few profits as it indicates the market may likely reverse back. Technical analysis is very important. This is the basic aspect new traders must learn about trading.

Trading is very different from investing.

If you are trading, you an open position or buy coin for just some minutes, hours (scalp) or for a whole day (day trading) or weeks (swing trading). If you invest, you can hold for example bitcoin for 6 months which is short term investment or for years like 3 or 4 years.

Trading and investment are very different.

Trading is very risky than investing.

If you see a a person that invest for example in bitcoin which is a safe asset to invest, the price can fall and the person is comfortable with it because he knows the price will rise back. But if a trader is not professional enough, they always lose, they panic and close position or sell in a way they will lose. The worst part of trading is leveraging, some traders will leverage to open a position, before they will kown, the exchange will send them message that their liquidation is 80% near and their money will be liquidated after the price of liquidation is reached which is most likely. This is common to high leverage traders that are not experts.

People can say investing is not gambling for new investors but trading is gambling for new traders, losing is certain in trading for beginners unlike investing in coins like bitcoin after some correction which the market will still rise again and the investor will make profit.

It is awhile I left posting on this thread but I read about Exchange Traded Fund (ETF) recently which is linked to how Grayscale wants United States SEC to approve Spot ETF but did not.

What I know is that Spot ETF has not be approved in United States before but Future ETF has been approved. Did Grayscale provide future ETF for their customers now or only seeking for SpotETF? All I know is GBTC.

Some organizations belive investors prefers spot ETF because  it requires buying at the spot price of bitcoin which investors may consider real compare to Future ETF that requires contracts in a way the price differs as the market differs while investors may prefer spot because it uses the real price of bitcoin.

But what is confusing me is that SEC approves future ETF but said that spot ETF can lead to manipulation. I am very confused about this, I do not think it is true when organizations like grayscale see investors preference of spot ETF over future ETF.

The average fee is on April 17 was $1.039

Some people think bitcoin transaction is high, the beginners that have just started to know bitcoin always have this complain which are from people that have wrong info about bitcoin and also because of the exorbitant withdrawal fee from exchanges. I can not remember the last time I make bitcoin transaction that is worth $1 fee, I pay lower.

https://cointelegraph.com/news/bitcoin-average-transaction-fees-lowest-in-two-years-at-1-04

Despite the exchanges and noncustododial wallets that make many input transactions and also consolidate, the average fee is still low.

https://www.blockchain.com/charts/fees-usd-per-transaction

This is exactly what is happening on the gambling board, nearly all the threads there are having multiple replies already. But I think sujonali1819 will not include those football league discussions to posts that will not count but probably others that people would have keep on repeating what others have posted but keep on posting repetition which I common on gambling board. It will be good for CM to distinctly address this for people to know the type of mega threads that are not allowed.

What will be the best is to always be vigilant to post early to new topics on the gambling board that are accepted by CM. If active on new gambling topics and league mega threads, CM will not complain. But better to let me make more clarification.

I have understood what you are saying, I have edited it. Quoting you makes it easier for me.

This is the reason for this topic, for people to know they should not leave coins on exchange, for people that uses custodial wallet to buy and also traders with inactive bitcoin on exchanges and having the issue of high withdrawal fee. Withdrawal to those low withdrawal fee options on exchanges are altcoins like on BSC network. Only lightning network gives the option of low fee. The bitcoin can be moved to blockchain by closing the channel after the withdrawal with lightning network.

The fee is as low as I am expecting. The altcoin like on BSC network can be used to send from exchanges that do not support lightning network to an exchange that supports it. Example is sending from Binance to OKX, OKX support lightning network which can be used for it. All the fee used are still low.

That is true, bitcoin transaction fee is low, I used exchange withdrawal fee because I know it is not bitcoin transaction fee, exchange withdrawal fee is bitcoin transaction fee + extra but large amount charged by exchanges. The mempool hasn't been that congested since last year.

The reason for the successful use of lightning network is because you can open a channel and later close it. To avoid issue, it is good to close a channel if you do not want to stay active on the channel for like 2 weeks or more, but if you leave the channel open and you visit it often, there is no need to close it. But another reason some people may want to close a channel is because the amount of coin on it might have grown large and see a need to move their coin to an address on hardware wallet or any other cold wallet.

The news is about people that are using lightning network, not people that sertup lightning nodes, some people see it easy to use a lightning channel on a centralized lightning network wallet, though that is not recommendable at all but the people are using lightning network anyway.

It is just a news, we know how news can mislead someone, I just used it to let people know how lightning network adoption is increasing, but I focused my topic on how to use it on noncustododial wallet and using lightning network on electrum as recommendation and included a guide of how they can use it to open and close a channel which is the reason for this topic in a way they can use it to withdraw from exchanges that support it and use it to send the bitcoin to an address generated by the electrum wallet.

To avoid confusion between exchange withdrawal fee and bitcoin transaction fee, bitcoin transaction fee is not high like the exorbitant withdrawal fee charged by centralized exchanges.


2500 sat equals to 0.000025 BTC.
If bitcoin price is presently $40000. The fee will be 40000 multiply by 0.000025 which is equals to $1. The fee depends on the present price of bitcoin, the mempool and the number of input and output. In conclusion, bitcoin transaction fee is not high like people think, exchanges charges than normal.

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This is just about having control. Some people use centralized exchange to buy bitcoin, after they buy bitcoin, to send it to wallet become difficult for them because they do not want to spend over $25 or more on exchange withdrawal fee for bitcoin which is very high. Because of this, some people will prefer other options like the lightning network. There are other alternatives like the ERC20 (high fee too), BSC, BS and many others which have low fee but which are not bitcoin, they are all altcoins, the only real alternative is lightning network. Bitcoin transaction fee on exchanges are very high than usual.

According to a research which may or may not be accurate enough but show the true fact that lightning network adoption is increasing, there has been significant increase in the number of users that is using lightning network, much significant increase since 2021. Lightning network users increase from 150000 users in August 2021 to over 80 million users in March 2022 with increase in lightning payment transaction volume.



Detailed report
https://assets.ctfassets.net/4rilomtvvae4/3wrBvznCykPAohtwhCGmfE/9ab5a76cce470cc65a656b896d2300fb/The_State_of_Lightning_Vol_2.pdf

People can use lightning network for low fee and fast transaction. People can use it to transfer from a crypto exchange to lightning channel on noncustododial wallet with low fee, the person can decide to transfer the bitcoin to blockchain bitcoin address by closing the channel after transferring from an exchange. This can be done on wallets like electrum.

A Beginner's guideline to Bitcoin Lightning Network
Electrum Lightning Network Walkthrough

But for simplified option, wallets like Bluewallet is a good option.

But only few major exchange are still supporting lightning network. Binance, Coinbase and FTX are not yet supporting lightning network. which is the only way that bitcoin can be withdrawn on exchanges for low fee. But few exchanges are supporting lightning network.

Having total control
On centralized exchanges, you can not have total control, you do not have the keys, you account can be freezed, locked or blocked, there can be maintainance issues and no available option for withdrawal for some time and many other issues someone can face on centralized exchanges. You can be forced to get verified on the exchange. The exchanges can be hacked. This are good reasons we should not leave bitcoin on exchanges. If you want to withdraw low amount of bitcoin and the withdrawal fee is too high for you, you can use lightning network which is good for this purpose.

What to do if the exchange you are using is not supporting lightning network
If the exchange you are using is not supporting lightning network, there is no better option than to leave such exchange, but if you like the service of the exchange and because of trustworthiness, you can decide to open another trustworthy exchange that support lightning network, send using the altcoin like BSC to the exchange, then send the bitcoin using lightning network to a noncustododial wallet. You can close the channel and move the coin to a blockchain address.

No complete control on centralized exchanges
Because some people are traders like scalpers, day traders and position traders. Some people prefer to use centralized exchanges for bitcoin purchase which is not advisable but they keep on doing it. If a trader is not using his bitcoin to trade or if he had make profit already, or someone that purchase bitcoin, they should all move the coin to a noncustododial wallet to have complete control. But the best way to buy bitcoin is to use decentralized exchanges like bisq or localcryptos, using a decentralized exchange will make the bitcoin to be transferred from a noncustododial wallet address to your noncustododial wallet address without the need of a centralized exchange and KYC.

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Lists of bitcoin lightning network exchanges

I will not comment about this based on the casinos that I am using, my comment will be based on what people can do and their opinion about new casinos.

If a casino is launched, if they offer bonuses and other offers that can promote the gambling site, it is normal that it will attract people. Some gamblers will always register on a new casino and see if it is good or not but with just only little amount of money which they will consider as risk.

Later, the casino will grow, offer new bonuses and other ways they can be promoted, more people will use it if they see the gambling site to be good. There are new gambling sites that are created but people are still try and bet on it if they are seeing the gambling site to be trustworthy.

Trading is not based on luck, some new traders because of this turn trading to gambling and lose high amount of money. Trading is not luck, it needs learning and practices.

It depends on your risk management. Like if you use 1x margin for future trading, you consider not to lose than gain much, the market will swing side ways and you will most likely gain. If you do not gain early, some traders will turn it to swing trading. Later they will make money. This has helped me several times.

Newbie traders lose. Some will later leave scalping and day trading for swing trading or holding.

Just always consider  not to lose than aiming gain is the first strategy that will help you.

You gain from the losses of other traders. If you lose, traders that make profit gained your money that you lose.

For newbie traders that risk, yes it is gambling. For professionals, no, it is not gambling.

Read answer number 5. Exchanges gain from trading fee, not your money.

It can but for people that understand it. If you do not make money yet and you keep on losing, then just hold.

Some good topics by Doan9269, I have noticed some of his posts too that are very good, he deserves more merits.

Understanding Bitcoin Trading and Investment (beginners guide)
Tips needed in Identifying a fake web Address
How to Create a Quality Post (Topics)

Do not get me wrong, I am not saying he is buying Twitter to be able to increase the value of doge. What I am saying is that he can speak good about bitcoin today, but if he buy Twitter, there is possibility he will only make sure doge is used for almost everything about Twitter unlike now which bitcoin is more considered.

Like two days ago, Elon Musk in an interview says Twitter ads be better to be paid in bitcoin. Elon Musk has 82.4 million shares of Twitter which is 10.3% of Twitter. Recently he wants more of Twitter and wants to buy Twitter.


We all know how deceitful Elon Musk can be, all he cares about is doge coin, not bitcoin, even doge coin rose when he bought shares on Twitter, he is only looking for ways to make doge popular and this can be effective if he owns Twitter. I believe he will fail because Twitter is never like Facebook and will never be like Facebook. His aim will only be towards making doge the dominant coin Twitter will be accepting just as he did with Tesla after his bitcoin criticism which he was wrong about but just wanted to fool people.

Microstrategy bought 4167 bitcoins for $190.5 million at an average price of ~$45,714 per bitcoin. As of 4th April 2022, MicroStrategy is hodling 129218 bitcoins acquired for $3.97 billion at an average price of $30,700 per bitcoin.

https://mobile.twitter.com/saylor/status/1511315882886246409

It was not long when Microstrategy bought bitcoin that the price of bitcoin falled which some people will be happy about for institutional whale buy not to have much effect unlike before in 2020 and 2021. Recently, Microstrategy shareholders have plans to purchase more bitcoin in the future while calling the bitcoin they bought a success.

Saylor Calls MicroStrategy’s Bitcoin Play ‘Tremendous Success,’ Promises More BTC Buys
MicroStrategy shareholders letter: We’ll 'vigorously pursue' more BTC buys

From the beginning when Microstrategy bought bitcoin, the instruction was never wrong about bitcoin, they study what bitcoin is and they know it is the coin of the future that its value will be increasing. More whales are buying which still indicates that bitcoin adoption is becoming stronger. If a company can see good in an asset, I hope some people will not miss when the price of bitcoin will increase more and more. More adoption is coming.

Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2819049
Your current posts count (including this one): 2469
Amounts of merits that you earned in the last 120 days: 115
Your blackjack.fun username: Oshosondy

With how the match between Atletico Madrid and Manchester City is going, the first half is so boring with Atletico defense is so strong and Manchester City are only taking more ball possession but not able to score, Atletico may not even score in this match if the match continues as it started. Machester City has already had a goal scored before, making it an aggregate of 1 goal which makes the club to have an upper hand to qualify. If Manchester City qualifed for the semi final, then only Villareal and Real Madrid will be from La Liga that qualify for Champions League semi final and can not be taken together to play in the semi final. Do not expect Villarreal to play with Real Madrid in semi final. Even if they played together, do not think the energy Villarreal's players are using to play in La Liga is what they are using to play in Champions League, it is not easy to win Bayern Munich which can make anything to happen among the both teams.