The movement surrounding BRC20 tokens can't really be argued against. Personally speaking, it's fascinating where the movement goes considering we're hearing about projects and coins being developed like RATS, SATS and ORDI. Afterall, how could there not be something interesting about using the Bitcoin blockchain in such an unconventional and of course in such a non-Bitcoin way?

It will be interesting to see if those projects find true utility or remain mostly as curiosities and speculative. Anyway, we have seen a few brc20 projects making their way out to be successful in this space like recently AINN is a community-driven AI concept project on BRC20, getting listed on major cexs like bitget, you could look for such projects where its interest from those exchanges that gives them popularity and recognitions.

Paxful also has mandatory KYC apart from the three you mentioned. There are only a few centralized exchanges left that still allow trading without KYC.


I am not sure about Phemex since I have heard this name for the first time. P2P scams are not due to exchanges but happen if you trade with a relatively new merchant listed on these platforms. If you are doing a P2P trade on any centralized exchange ensure that you do with a merchant who has a reputation and has made a significant amount of trade.

I hope you all are having a wonderful weekend!

So I recently came across a post where people are engaged in a lengthy debate over whether CEX (Centralized Exchange) or DEX (Decentralized Exchange) is better. So I decided to wrote down this. Frankly, I believe it's a matter we shouldn't dwell on too much because both have their advantages and disadvantages.

For CEX:

Security is reliable if you choose the right exchange.

Transaction fees are reasonable.

It's user-friendly for trading.

You're less susceptible to phishing scams, especially when using a secure wallet.

Various earning opportunities are available.

Let's consider two exchanges I'm familiar with as examples:

For Binance: Despite suffering a massive $570 million hack, Binance remains one of the largest exchanges and not just that, they still keep their standards high.
You can find more details in this link: https://www.investopedia.com/binance-got-hacked-6748215

Now, Bitget: While Bitget hasn't experienced a direct exchange hack, although there was an incident that occurred with their wallet due to a link shared in a group that led to users' accounts being compromised, I won't really call this hack per se but a lesson to everyone. We all need to be careful of links sent suspiciously in any group you're in because you don't know what you will be clicking that will lead to total wipe pf your assets both in crypto and off crypto

 You can also read about it here: https://www.[Suspicious link removed]

I use Bitget more often because I've delved into their security standards and believe they're doing well. However, I still use Binance, as it was the first CEX I encountered on my crypto journey.

Now, let's talk about DEX:

I won't say DEX is bad; it has its merits. Everything is decentralized, as the name suggests. I've used Uniswap and continue to do so. However, it's essential to note that DEX can also undergo KYC (Know Your Customer) processes, as evidenced by this tweet about Uniswap: https://twitter.com/WhaleChart/status/1713291249560535051?t=lyzx4IAlZNiG9Llt4g-Tqg&s=19

Furthermore, DEX can be vulnerable to hacking. Consider Mixin, for example.

What I'm trying to convey is that these debates about CEX vs. DEX should consider that both can coexist and work well if we find the right balance.

Even if I said ok, I want to go offline to be safer. The truth is, Im not sure I can be 100% safe offline either. I was researching offline wallets on Amazon and watching YouTube reviews for recommendations. At some point, I got discouraged because even some offline wallets can be hacked. But that won't stop me from using an offline wallet. Is just picking the best that I know that would be best for me. Just as picking the best exchanges among cex and Dex.

As I've said before, our security largely rests in our own hands. Before an exchange collapses, there are usually rumors. When those rumors start, it's essential to withdraw your funds promptly. Take FTX as an example; Sam Bankman Fried's actions had a significant impact on the exchange. If you've been following his legal case, you'll see that he meticulously planned it out with no remorse, unlike other exchanges that experienced hacks and returned stronger with enhanced security.

I have seen a couple of friends received amazing gifts from loved ones during Valentine's period but I haven't given one neither have I received because I don't really celebrate Valentine perhaps because I haven't been in love before🙄.

My friends came up with an idea to take some time off this year and travel  to carrebean inland to catch fun and perhaps, I might find Mrs right in the course of the holiday but with BTC on a bullish move, I feel taking a whole week out of trading is a crazy idea even though the rest is needed.

Is there any trading event I can leverage on while on holiday so I can catch fun and earn at the same time.

I am kind of new to the crypto era, and I am wondering if any of these P2P platforms scammed or legit?

- Paxful
- Bybit
- OKX
- Phemex
- Bitget

Maybe these sound familiar to you but this is my first month into this game and I want to pick the right ones.

Thanks

XAI and blockchain gaming look pretty exciting! Owning in-game stuff for real, easy trading, and even having a say in game decisions is like a gamer's dream. XAI seems to cut through the blockchain complexity for gamers, fixing things like high fees and tricky wallets. Getting listed on big exchanges is a good sign, but the real deal is if gamers jump on board and XAI delivers what it promises.

2023 provided lots of mixed feelings especially from Q1-Q3 but the Q4 saw lots of sparkles as investors and traders alike who were hoping BTC could close the year at $35k saw the mother of crypto touch down $44.5k before the close of 2023. For me $SOL and BRC-20 tokens like $ORDI and $SAT gave me the surprise of my life. Am sure am not the only one in this category.

While I was assessing my gains and losses and strategizing on how to navigate through 2024, I came across an article from Gracy Chen, the M.D of Bitget highlighting the challenges and victories of 2023 while expressing her Optimism for the year 2024 especially with the possible approval of the blackrock Bitcoin spot ETF and I share her sentiment that 2024 could be another year for the moon boys.

I feel like going all in with my funds in preparation but am still a bit skeptical of unforseen circumstances, what are your thoughts? Do you think BTC could hit a record high of $100k as predicted by many analysts or one should thread with caution. Share your insights (Edited)

Yes and more professional ones. This happened due to a low security network of Poloniex. Probably they need to have more security protocols and not only them but a lot of exchange like Binance Kucoin, which is targeted by hackers. Obviously this is not new but considering the news it will have a great impact on market situation.

So I believe staking stands out as a smart strategy for passive income in this bull market, especially since it allows you to leverage your staked tokens effectively. But, does this make it the perfect passive income for you?

For me, staking during a bull run has been akin to hitting two birds with one stone as enjoying the rewards from staking and potentially benefiting from the rising value of the staked assets. This dual advantage has made it a successful strategy in my experience. More than just a means to earn, staking has also been a way for me to engage with and contribute to the growth and innovation of blockchain technology.

So what do you think guys? Is staking the perfect passive income strategy for the bull market, or are there nuances we should consider?

You mixed things up. You are asking as if you are the mentor that what to have an idea on how to bill your subjects. But in this context, you are the supposed learner. It is the mentor that will choose how he will be remunerated and not the other way round. So, meet your mentor first and he will say how you will pay. If by chance he demands nothing from you, it is when you can ask us these questions.

Mate, are you are this is not a bad idea. Having more than 1 mentor will be demanding and distracting. 3 good traders have different strategies and one person learn from 3 different experts as mentors will be distracting. At a point you may not know whose strategy to apply and whose to ignore.

I will advise he have one mentor and use the forum advice to augment, things will be fine.

Meeting potential mentors is hard to come across these days because some claim what they're not. Honestly, I understand this feeling. At some point, I started using copy trading to fill up the space of my earning while I learn. You could find a mentor but I scaled through learning from those who are better than I'm, and joined a small group of good traders as well. I wish you luck in finding a mentor

Trading bots automate things and eliminate emotion in trading but people must learn fundamentals, technical indicators to set up trading bots.

Some good trading bot services are available to buy and use.
[BIG LIST] Crypto Trading Bots.
One of them is Gunbot that has an announcement thread in Bitcointalk.
🔥🔥🔥🔥🔥[GUNBOT] Trading Bot with 136 exchanges available!!!🔥🔥🔥🔥🔥

The recent surge in BTC to the $35k region has led many to believe that the bull market is back. Some analysts believe this is just the effect of historical October patterns, and we may see a significant pullback for accumulation and liquidity purposes before the bull season kicks off. I'm confused, which is why I'm here. What's your opinion, fellow traders?"

It seems we both have similar reasons for investing in Bitcoin but slightly different. Mine all started in 2019 when I started looking up what Bitcoin is all about and how to get on the game. Because I really wanna live a happy life with no stress, things weren't that cool as of then because some people discouraged me that BTC could be another scam that pops out from nowhere and dupe people. Guess what? I invested anyway, and now look at me, glad that I did and even tend to use some other earning means mostly the products I find on Bitgeto support my ministry

All Im trying to say is, be calm and do it, follow your instincts. I promise you, you won't regret it

Without any distinction as to which type of exchange we're talking about, I'd say the safest option out there is Binance's P2P. It's safe, secure, and you're obliged to check your wallet first before you go around selling the cryptocurrencies to the other person unlike other P2P methods. Their P2P interface is the easiest to understand out there as well. and the plethora of buyer and seller options to choose from allows every investor out there to really weigh in his choices and invest in whatever he feels the best.

Thanks for the suggestion, mate. From first impressions, I think they've got exactly what I'm looking for – cross-chain swap feature with deep liquidity, etc. I'll explore it.