What have been your biggest blunders so far when it comes to cryptocurrency? We all know that how much volatile the industry is. And the things that made you regret your decision? Can you share your thoughts, guys?
Biggest mistake was to not buy more bitcoins when they were cheap as few hundreds of dollars, to not have worked more often on micro tasks to earn plenty of satoshis, to have sold bitcoins when they were cheap just to show people it was possible to earn money from the internet and that bitcoin is a real currency, which has a real value and demand. These are mistakes which make me regret on the present moment, because they would make total difference in life right now for the better. Anyway I can't and shouldn't complain about it. I think we must be thankful for what we have achieved, even if it is not the life standard we dream of. Every conquest matters. We should be proud of them and be aware without God none of them would be possible to be reached. |
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If you want to find out easily, try to check the feedback or reviews of players who have played there. We can see that in this forum thread or on sites that provide gambling site recommendation services. Also, feedback from outside the forum like google and their social media.
This is the simplest and one of the most efficient ways to check a site's legitimacy. If it's not a good place to bet, of course there will be several complains in different sites and forums on the internet. And in case there is none, better to avoid the sportsbook until it becomes more popular and recognized by the gambling virtual community. Reviews are easy to find and are usually very complete. All important informations and details, like for how long the site is operating, can be found there. One trick I use is to always search the website's name followed by the word "scam" on google. If there is something against them, it will appear on the top results. When there is nothing, the support promptly replies and solves the situation or the accusations are fragile it's an evidence the site is safe to play. |
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1/6 Bitcoin (BTC)
1/6 Ethereum (ETH)
1/6 Polygon (MATIC)
1/6 ApeCoin (APE)
1/6 Aave (AAVE)
1/6 Astar (ASTR)
1/6 invested in bitcoin looks too low. It's interesting that bitcoin investment represents the largest portion of an investor's portfolio. On the most extreme of the cases I would put at least 50% of the total amout to be invested in bitcoin, while being conservative this percentage should rise to 80%. About the preference of which altcoins to choose, it's up to each individual, but with the exception of ethereum, I don't feel confident investing on the other mentioned coins. When investing in altcoins, I'm not interested only on their price increasement potential, but also on the features they offer for holding them, especially when attached to a crypto platform. |
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Startups are already working with blockchain to provide solutions against counterfeiting: Startups provide their own solutions to the problem
Arianee, rated by Early Metrics in 2019, has made a name for itself in this space. The startup develops a blockchain platform for luxury brands to authenticate their products digitally. Each luxury item gets its own digital certificate with encrypted records that capture all of the product’s details. These include the acquisition dates, insurance, materials and more. Product owners can register their items on the startup’s app, which are then. reviewed by the startup or a third party for validation
The startup’s advisors include executives from Richemont International and Balenciaga. It also bolstered its position on the market by landing several reputable clients. Arianee recently announced that Vacheron Constantin will be delivering all its watches with the startup’s blockchain-based certificates by 2021. Other clients include BREITLING, Audemars Piguet, Roger Dubuis and Mugler.
Shanghai-based VeChain also develops a blockchain platform aimed among other things at fighting counterfeiting. The startup placed in the top 1% of Early Metrics’ rated startups and has secured clients such as LVMH and Givenchy. Chainvine is another example of an up-and-coming rated startup providing bespoke blockchain services. One of its main services is the integration counterfeit prevention in the supply chain of wine producers and other food and beverage players. Luxury brands using blockchain to fight counterfeitingThis is just the first step. Once brands themselves adopt blockchain to certificate the origin of their goods to customers we will have the assurance the world is moving ahead in blockchain adoption. It's easy to fake a paper, a seal or package, but you it's not possible to fake blockchain data which can be accessed by anyone in real time. A very smart usage for blockchain, indeed. |
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Germany is planning to build LNG terminals on their territory to replace the supply of russian gas demanded by the country and maybe will be able to export part of the production to another countries. That is a necessary measure that is advancing fastly in the political sphere in order to execute the project sooner as possible, because Europe is in a hurry. I hope their plans work until a definitive solution can be found, since it's not possible to rely on LNG forever, since it's a finite source of energy (non-sustainable). Besides this disadvantage, another one is the fact LNG terminals are expensive to be built, so a huge investment is needed, but I guess it's not an issue at all for european bureaucrats. If the plan works as expected, dependance on russian gas will decrease from 55% to 10% by 2024. LNG revolution: Germany’s plan to wean itself off Russian gas takes shape |
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Hi,
i wanted to create a passive income with the crypto.com lending. But they changed their terms, so i would need a lot more money to get the same result as before (with my plan i would get since middle 2025 ~a monthly passive income).
How much percentage return are you looking for? As far as I know crypto.com offers decent, reasonable and realistic rates on their platform, just like similar investment sites such as Nexo, Blockfi and Celsius. You won't find any legit services offering much more than that. Sites offering high returns over your investments are hyips and ponzi schemes. Another option is to invest in specific altcoins which offers higher yield, but it's not for nothing such offers exist... These coins tend to lose value as the time passes, so they pay more interest in a desperate attempt to create a temporary hype to boost the token's price. Some people think it worths, but for me it's not a good idea. Better to invest in solid currencies while earning lower interest, especially when focusing on returns in 3 years from now. The percentage return for stablecoins was 12% p.a. on crypto.com. now they changed it to 8%. Also they made now 3 stages: the first one is until 3.000$ you get 100% of the percentage. Second stage are the next 27.000$, half of the percentage. And everything above that gets only 30% of the full percentage... When i made the plans with the monthly income the percentage was on 12% :/ Would be nice, if i get something like that for stablecoins. But as i said, i'm also happy with ~60$/month to reinvest in BTC  Usually these platforms only pay 12% apy when you fully fulfill their requirements which involve holding a determined amount of native tokens from the company on your portfolio while also receiving interest on this native currency. If you don't accomplish with any requirements, the interest rates may stay up to 8% apy or similar. At least in NEXO that is how it works. Crypto.com I'm not familiar with yet. I have an account there, but didn't invest on the platform. What I like about NEXO is that you can access the website through desktop and their frequent, fair and accessible promotions they launch from times to times. It's possible to earn some nice extra money by referring active investors to the site. |
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It seems that every three to four years cycle new altcoins always takes a position in top 20 list on coinmarketcap, those who are leading the top 20 of 2017 are done for right now, only very few remains, now it seems this is what's going to happen in 2024-2025 too, now tell me why investing in a new project a bad idea? Cos I plan to look into new projects for the future instead, what do you think?
Yes, before we had litecoin which was considered the silver of crypto universe, there were dash, monero and different bitcoin variations (from forks). And now, look where those coins are ranked. From the main ones, only bitcoin, ethereum and dogecoin remained influent (top 10). Meanwhile, many other cryptocurrencies appeared and became more important and popular among investors. But in fact, what extraordinary features do they offer besides the ones already presented by the previous generations of cryptocurrencies? And what guarantees do investors have the currently top altcoins aren't going to be replaced soon? None! Take this in consideration when deciding where you are going to invest your money. Read the history of cryptocurrencies since the early days. Check which of them have real potential of growing on long run. It's not so hard to do so. And when looking for new projects, make sure if they bring something really new to the market, or if they are just copies of past altcoins. |
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Transaction fees don't matter when you have local exchanges in your country because they won't charge you any transaction fees as long as you are sending and receiving from the same local exchanges like ours. The good thing about it is you can also implement it in your stores and services because of these convenient features and some accept it as bus fare to promote the payment of bitcoins. There are lots of things to make it convenient just don't use the usual wallet you have because it would delay and probably you will gonna be stuck in the line which is really annoying.
That is one possible solution for the issue presented by OP. Furthermore, there are websites dealing with bitcoin which don't charge expensive fees, because they are used to send large batches of transactions all day long and there is also the possibility to choose between fast or slow transaction speed. The second option demands cheaper fees. Perfect for those who don't want to spend too much and aren't in a hurry to complete their transactions. About the hacking issue, there are many security mechanisms used nowadays to prevent this. Strong passwords containing letters - numbers - symbols, 2fa, deactivated withdrawal (until the setting is changed by the user, what takes few days to be done)... And in case of typing the receiver address wrongly, the person can always save an address on his favorites, so he just copy and paste it. After doing this few times there are no mistakes. But of course attention is always a must. |
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You can trust the casino license. The casino does not need to cheat on slot games. If the gambler loses too quickly without ever winning, he will not play the slot again. If you don't have a huge balance, you don't have to worry about cheating. At some point, you may not trust casinos. Some had acquired a license just to look like it was legit but behind this paper and certification, illegal activities have been their doings. We can compare two casinos, if we keep losing to one of them, while the other we can win - that is something questionable and for sure there is a sort of manipulation on the machines. It gonna be cheating. It was better to gamble where know that we are not cheated, at least if we lose, we know that we are unlucky that day, not because someone cheated us. I suppose the casino has nothing to do with slot machines games' results, since they come from a third party provider, who is responsible for the RTP percentage announced and every mechanics involving the game. The only thing gamblers have in their favour is the word and reputation of the company which develops slots games. Since it's not enough and since the gambling community is so united nowadays, thanks to the internet forums and social medias' groups, it shouldn't be hard to spot a bad or cheater slots' provider and gather proofs to move an organized petition to casinos asking them to remove the brand from the betting platforms. |
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Hi,
i wanted to create a passive income with the crypto.com lending. But they changed their terms, so i would need a lot more money to get the same result as before (with my plan i would get since middle 2025 ~a monthly passive income).
How much percentage return are you looking for? As far as I know crypto.com offers decent, reasonable and realistic rates on their platform, just like similar investment sites such as Nexo, Blockfi and Celsius. You won't find any legit services offering much more than that. Sites offering high returns over your investments are hyips and ponzi schemes. Another option is to invest in specific altcoins which offers higher yield, but it's not for nothing such offers exist... These coins tend to lose value as the time passes, so they pay more interest in a desperate attempt to create a temporary hype to boost the token's price. Some people think it worths, but for me it's not a good idea. Better to invest in solid currencies while earning lower interest, especially when focusing on returns in 3 years from now. |
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The point is that there are predictions of every kinds on the forum and after all, it's up to you to pick a side and decide by yourself which result makes more sense. Therefore, only after the game is played you will know if you were right or wrong. I've seen it regards almost every games and matches being discussed here. There isn't anything like 'safe gambling' where you follow someone's guesses and make profit on long run. I believe if such things were possible, everyone would be profiting from their bets right now and casinos would have gone bankrupt already.
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Am sure Bitcointalk is not the only place which marketing can be made, their are lot's of casino sites in my country that are not using Bitcointalk to market their site and they are doing well. Their are other places which you can market and people will get to know about the casino site, old casino sites marketing on Bitcointalk can decide to stop maybe they are not interested again or they have their own personal reason why they have to stop it, maybe they have seen another alternative with is better than Bitcointalk, but to me Bitcointalk is one of the places which I will recommend to people to market their casino site.
Bitcointalk forum is the best place for advertising crypto casinos exclusively. It wouldn't make sense for fiat casinos to advertise here, because they won't find the target public they are looking for in a bitcoin community. Then they have to find another methods to promote their brands and services, always aiming the kind of public they think it's more benefical for them. That is probably the reason why casinos in your country are doing well. But for crypto casinos I don't see better alternatives besides bitcointalk forum to stay in evidence on the most popular crypto forum of the planet, and at social medias' channels to share their temporary giveaways and promotions. |
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A core bitcoiner will always tell you to buy bitcoin. And that is a nice advice. The great difference between bitcoin and some altcoins is, in 5years time, we are sure to see bitcoin here, but this cannot be said for many altcoins.
In the other hand, a lover of altcoins will give you some good coins you will buy which can do x2 to x5 for you and that cannot easily be said of bitcoin. So, it all boils down to what you want.
Bitcoin has total conditions of delivering x2 of the investments made right now. We are near 30,000$ price range, while the ATH was almost 70,000$. It's likely bitcoin will surpass that ATH yet, so even on the humblest scenario (that is to repeat the same ATH), investors will double their investments. And being optimistic, x5, that is bitcoin reaching to 150,000$, seems possible as well. The difference is that regards altcoins, the risks when investing on them are higher. But in percentage increasement potential, bitcoin is still a very strong one. Only greedy investors can't get satisfied with BTC returns, because they are looking for exorbitant returns (like 1000% and above) on short run. My advice is always to buy bitcoin if the money is not what you want to pay rent next month with.
Note that you can also DCA bitcoin, averaging is not only particular to altcoins.
That is a good advice and an interesting strategy to follow, although I'm not used to it, since I tend to do things in a single shot, instead of DCA. |
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Stable month, it seems. Nothing too different from May should be expected... There aren't major news or events which could possibly boost bitcoin price up. I see news keep saying bitcoin won't stay cheap like this for too long, but that is all they have to say for now, and although I think they are right, it's not convincing enough to push a bull run forward.
No bull run this year, that's for sure, we are in a bearish cycle already. And even if there is news that will boost the price, perhaps it won't last long as speculators are going to used it to shorts bitcoin to try and squeeze some money in this plot. And it's better not to be enthusiastic or something not just this June, but this 2022. Similar in 2018 by all means. But we can make the most out of this downturn this month, simply accumulate, and don't make things complicated. Indeed, where some see an issue, others see an opportunity. Just like in 2018, let's enjoy the season of cheap bitcoins the maximum we can. I'm confident it's just a matter of time until the next bull run starts. It can take a year or by 2024 yet due to the next halving, who knows, but the only thing I want to be sure is to be prepared when this time comes. At same time, it's important to avoid FUD and advises from speculators on the internet meanwhile. There are many influencers instilling in people's minds they should give up on bitcoin and adopt random altcoins which they claim to be the next "big promise" of crypto market. I believe that is one major reason why investors are having difficult to focus in bitcoin investment nowadays and end falling for hyped altcoins. |
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Stable month, it seems. Nothing too different from May should be expected... There aren't major news or events which could possibly boost bitcoin price up. I see news keep saying bitcoin won't stay cheap like this for too long, but that is all they have to say for now, and although I think they are right, it's not convincing enough to push a bull run forward.
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So, guys the thing is, do you use bitcoins as an investment or ever bought anything with bitcoins? Maybe a different approach? Do share experience with us
I bought a BTC physical wallet with bitcoin once, lol. Great purchase! If it were possible, I would go shopping with bitcoin much more frequently. Maybe someday it will be possible, but right now investment is the main application for btc. Futurely I hope to purchase a house or apartment with bitcoin, although it must be a good deal. I'm not going to pay more than the necessary, just for the pleasure of dealing with bitcoin. |
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Yesterday I heard that people are stressed because they lost a lot of money in cryptocurrencies, they sold their houses and land to invest in several ICOs and invest some memes of coins including LUNA, it seems that the phenomenon of cryptocurrencies that make a lot of people lose money will often be heard because many people are greedy and want become rich instantly.
That is really sad and I feel sorry for the people who did this and lost their patrimony, but couldn't they have at least put their funds into the most reliable cryptocurrency among all, that is bitcoin? First that it is a risky move to sell patrimony to invest (they are risking money they can't afford to lose), but since they are willing to it anyway, the investment must be very well calculated to maximize earnings chances. To invest this money in ICOs, altcoins and memecoins is insanity since the beginning. These currencies don't offer any solidity and long term perspectives to adopters. Bitcoin, on the other hand, does, as we can see through its history since it was launched. |
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I think a digital ID is going to provide a lot of problems for enforcement agencies. I don't see how they can tell who is the one behind the digital ID and how will they deal with compromised IDs? I feel like this is an idea that might seem good on the surface to politicians who don't understand it, but once implemented it will likely be a massive headache that won't last more than a couple years before it's decided that it was an idea that was dead upon arrival.
That is true. Not that in Denmark it's going to happen frequently, but I can imagine this trend reaching to another governments around the world and having their citizens creating schemes of renting, lending and manufacturing IDs to others who can't have a legit ID by themselves. Next step from governments will be to integrate a live monitoring system attached to every gamblers' devices to record their faces while they gamble, so there won't be any doubts the person gambling is the same person of the ID card. |
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Hard to compare both. I believe physical, palpable precious metals will always be more important than virtual goods such as bitcoin. And although we don't know how much gold there is disponible in the universe, it's a fact gold is still very scarce and difficult to acquire.
There is a lot of gold hidden in the depths of this world yet, but it doesn't mean we know how to access or have the means to access that. On the other hand, with bitcoin it's simpler, as all you have to do is to set a virtual mining farm operation to start earning and accumulating your satoshis. That means bitcoin is more accessible and reachable than gold.
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In the event that the project team is legal and sets ambitious goals, then the publication of the project team, if it includes members already known in the crypto community, adds credibility to such a project. In addition, it has been noticed that if a project does not publish information about the team, it may be perceived as a warning that such a project is a scam.
That is the idea, to add more credibility to the project, consequently raising investors' confidence when investing on the cryptocurrency. But if we think carefully about this matter, it doesn't make much difference anyway to know who are the people behind a project. Knowing Do Kwon is behind LUNA didn't prevent people losing hundreds of thousands dollars. It probably has even made people lose more money, since they felt too confident because they knew the developer and invested more than they should. Furthermore, almost every ICOs have a developer team section, displaying a picture and social medias of each of them. And once more, it doesn't prevent some of these projects stopping at the middle of the development and most of them being useless and unprofitable after the launchment. After all, the effect is more at the marketing field than anywhere else. |
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