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I have heard that there are some kind of USB's that work like a physical wallet for cryptos. Do you recommend it more than electronic wallets where your cryptos are exposed to hack attacks? And what are the best physical wallets you have heard of?
Hardware wallets are great for security but it adds cost because you have to buy it. Online wallets can be hacked but you can lose a hardware wallet (plus the electronics can fail). The Ledger Nano S is a popular choice for a hardware wallet. You could also try a paper wallet ( https://en.bitcoin.it/wiki/Paper_wallet).
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why invest in bitcoin when u can invest in real stocks market?
Diversity. You can still invest in the real stock market and keep some of your investment in bitcoin to spread out your risk.
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Bump
Thank you for your inquiries - I'm available for all sorts of writing jobs: blog posts, reviews, articles, news, press release
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#1 - What text should be present in the design? GiveYourMessageWings.com
#2 - Describe your business/org/ICO/yourself in exactly one single word Writer
#3 - What's your logo idea in exactly one sentence? (suggestion only) Something with wings on it - could be as simple as a circle with wings with letters following in the air
#4 - Are there any pre-existing brand colors or preferred colors that should be present in the logo? Blue should be in it somewhere
#5 - (optional) What's your (business) vision or motto? High quality content
#6 - (optional) Preferred design style: A. Font-based B. Symbol/Icon-based C. Mascot? Mascot (see #3)? I'm open to suggestions
Thank you
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What would you guys advise someone who is retired, living off pension and savings? Is it too late/risky to invest at that kind of age? Do you guys think the elderly have a chance of jumping on the crypto train, or do you guys think it's too late for them to invest?
It's not too late to jump on the crypto train but it is risky. Consider anything you invest to be a loss so if it gains, it is a bonus. Bitcoin is very risky from an investment point of view even though it is currently paying off very well at the moment for a lot of people, so your fixed income would be at risk if you invest too much. On the other hand, the gains can be significant and in a relatively short period of time - you have to decide the level of risk you're willing to tolerate.
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For mining, try this calculator to help you figure out your profitability - enter your miner's hardware cost and rate for electricity. Also adjust the difficulty since it changes every 2 weeks... https://www.coinwarz.com/calculators/bitcoin-mining-calculatorBut as others have said, you're probably better off buying bitcoins, holding half, and trading using the other half.
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Bump.
Thanks for your inquiries and I have finished an order for someone...see post above this one.
I'm still available to take on your writing jobs.
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Without investment, I heard that I can do it by mining. Is there a newbie tutorial about mining? I have no idea about mining. Thanks in advance.
Here's a good chapter from a book about Bitcoin - it discusses mining: https://github.com/bitcoinbook/bitcoinbook/blob/second_edition/ch10.asciidocYou need to invest money to mine bitcoin - you'll need a mining machine, network, cables, cooling, electricity, and space. Once you have that your miner runs 24/7 but it doesn't mine bitcoins indefinitely - the miner's ability to generate bitcoins depends on the difficulty - this is described in the chapter of the book. Use this mining calculator to figure out whether you'll be profitable at the current difficulty: https://alloscomp.com/bitcoin/calculatorGood luck
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No, you can't use a computer for Bitcoin mining - it's too slow. You need an ASIC like Antminer S9 ( https://shop.bitmain.com/)
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Any investment comes with its risks. And with btc the risk can be big, but the rewards can be big too. But I think if you are in it for the long term (years) the risk is less than if you're in btc for a short time (weeks to months).
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I don't have a huge amount of money to start but I believe in BTC in long term.
Since you're in it for the long term, Bitcoin is definitely worth holding on to.
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![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I was away from this bitcointalk but such a drastic increase made me back to this. What is mining basically? How can I start mining with less busget? You have to have money to start with Bitcoin and mining is expensive. You need a miner, power supply, networking, cables, cooling and cheap electricity. You're better off buying Bitcoin and holding on to it.
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Bump - thanks everyone for your inquiries.
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Payment is required after you submit the words to the buyer?
Thanks for your message. Payment before or after delivery - depends on the size of the project - PM for details or a quote.
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