A lot of people are skeptical (and some even go as far as hate) Elon but I think he’ll keep his word on this. If he didn’t know about the new data, all Bitcoiners need to do is to really just remind him on Twitter LOL.
|
|
|
No idea about that mining service, but you can lookup your wallet address using a block explorer. https://www.blockchain.com/explorer^Just a heads up that you can’t regain access to your funds by just having the wallet address. You’re going to need the backup.
|
|
|
Buying is always best done during the most bearish of states and selling during the most bullish of states. Bear season is actually buying season. So instead of being fearful, people should be stoked that they are given an opportunity to buy low, to buy Bitcoin at a discounted price. Others would think it is irresponsible to recommend buying during the red days in the market. But when is the better time? When the price has already recovered?
Sounds so simple and so great in theory, but good luck getting the typical newbie “investor” to do it successfully; as if we would know what the price floors and price ceilings would be. For most people — assuming they actually know what they’re investing in, the ever so simple buy and hold is the way to go; while looking for ways to increase cash flow in other places outside crypto.
|
|
|
Actually, my post was only for the crypto assets class. I do not understand or have an interest in other assets class so if you find any part of my strategy useful you can tweak that as your desire.
Doesn’t matter. Unless you’re diversifying(pretty much just derisking) to the likes of USDT and USDC, spreading your holdings to other cryptocurrencies is barely spreading risk that I don’t even know if I would actually even call it “diversification”.
|
|
|
If Bitcoin price becomes stable this month it won't be stable for long, Bitcoin was created not to remain stable. Bitcoin is volatile in nature, it is expected to go high and come down. One thing you need to know is that Bitcoin price can never be predictable accurately it either goes up or comes down.
That’s not necessarily the case. Not because it’s been very volatile since it’s inception, it doesn’t automatically mean it’s made to be this way. Bitcoin is just naturally very volatile due to it currently being heavily driven by retail, because it’s still pretty new(and yes, 10+ years is still young), among other things.
|
|
|
He gave me his bitcoin public address for the transfer, so it's basically a deposit.
It’s a deposit to his bitcoin address, and at the same time it’s a withdrawal from your Uphold wallet. But yea — you’ll have no choice for this instance, but if you don’t want to pay for such withdrawal fees in the future, use a non-custodial wallet.
|
|
|
As the OP already mentioned on his title thread, it is new. So high likely that the site is giving good returns for now, to attract users. But later on, just like any other crypto earnings site, they won't give back anymore. So for the OP, be very careful sending more money into this site. Much better if you can recover your initial ROI and the profits will only be left on the site for further earnings. This can easily turn to scam and the owners will disappear without a trace.
Because it’s highly highly likely that the “returns” aren’t real in the first place. Also, such scam platforms don’t turn from legitimate to scam; they’re already scams in the first place.
|
|
|
I'm using Uphold wallet. I can use XMP Ripple or LTC to withdraw the money with small fees to the wallet you guys tell me to use, as long it's an android app or anything that can be accessed from a computer without an external device.
Yea, Uphold is a custodial wallet as well. As for wallets, it’s going to be tough to look for a single wallet for all those coins. In general though, if you hold a good amount, go purchase a Ledger[1] or a Trezor[2] hardware wallet. I was finding it weird that he wrote Electrium, I even searched for it and it was weird in the search results...
Typo. The linked URL is legit tho.
[1] https://ledger.com/[2] https://trezor.io/
|
|
|
Yea.. sounds shady to me. Even if you’re using your own custom-made bot, good luck getting consistent 3-3.6% on the daily. Also taking note that you’re probably using those “put money in and earn profit forever”.
|
|
|
I knew my newly connected USB miner would make a difference!
LOL. The first time I saw those products was probably in late 2016 if I remember correctly. Any expert miner here knows if it was actually at least slightly viable to mine via a USB miner back then at those times? Or were they just simply ripping off everyone because of the hype?
|
|
|
You’re really not effectively diversifying when you’re just buying other cryptocurrencies. If you want real diversification, buy other assets or invest in a non-public business. Even public companies(stocks) are greatly correlated to BTC.
|
|
|
If a few months of up and down between $38k-$41k range is “stable” to you, then LOL.
To put it simply: if you’re not patient enough to just hold BTC and just chill, then investing in general is not for you.
|
|
|
What hosseinimr93 said. I’m guessing you’re using an exchange like Binance that’s likely to over-charge for withdrawal fees. You shouldn’t be paying “huge” fees if you’re using a non-custodial wallet. If you’re currently not aware on the types of wallets: https://cryptosec.info/wallets
|
|
|
Honestly, most are useless. Even those gaming tokens, they are a good idea however the games are horrible and don’t really add much in reality.
They actually have a use, just like how currencies and items on MMORPGs also have their uses. It's just that the current "blockchain games" are totally crap and only have players because of the earning side of things, rather than enjoying the gameplay itself. That's why the economies of these games are totally wrecked lol.
|
|
|
I used to use SwiftKey years ago prior Microsoft 's acquisition, nothing comes close to it in terms of word prediction - it's like privacy or comfort. You could type without even pressing a single letter.
Very very handy when it comes to chatting and typing (though most keyboard apps already have this feature afaik), very bad in terms of privacy (it obviously uses predictive text and stores stuff in their database).
|
|
|
Ehh that ain't really a new criticism of altcoins lol; if anything it's common opinion. Most cryptocurrency platforms (mostly lending and trading platforms) that have their own token mostly don't have any utility besides the tokens being pseudo-equity(via having a share of revenue) and governance.
|
|
|
I'll blame it on the user for creating a wallet on a mobile device. Hardware wallets have been around for a while, and as part of the security measures for holders to accept the use of hardware wallets has been one of the problems that have been solved.
Partly true, because there's nothing wrong with using a hot wallet (for a small minority of your holdings, of course) if you need bitcoin/crypto to be easily accessible when you're out and about.
|
|
|
If people don't want to invest in Bitcoin cause they believe it is too volatile, then they can. Doesn't matter if it's not as volatile when compared to some other stocks or there's a general bias. People should make decisions based on what they believe of the market, with the information available to them.
Yea, this. While bitcoin is great and is a good investment(at least in my opinion, obviously), it's not some magical thing that is sole path to riches. Anyone could easily heavily outperform a typical bitcoin hodler by creating a decent business with great cashflow. Or heck, even with just being good at stocks.
|
|
|
Know Everything about the Crypto Before Start The idea of knowing everything about crypto investing sounds like common sense because gathering information and doing research is an important part of investing. The investor reality is this idea is so misleading. In practice, crypto markets can sometimes move in ways that take crypto veterans by surprise. So if a new investor hopes to acquire the ideal amount of information, he or she isn’t ever going to get there. You have to take a leap of faith based on the knowledge you do have and keep a long-term strategy. Pro-tip: Start with what you do know about crypto and keep learning from there.
Uhh.. what. Just because it's common for even the best investors or "veterans" to make mistakes doesn't mean that you shouldn't be educating yourself heavily before diving in and just deploy your money willy-nilly. While yea sometimes people need to learn the hard way(by losing money), this is in general very bad advice.
|
|
|
When I saw the title I thought I would see something about necroposts. It probably happened to me like 3 times already, whereas some post farmer replies to a topic that has been inactive for a couple of years already — hence bumping the topic to the top of the list, hence me responding without noticing the date of the original post.
|
|
|
|