Because I’m currently in debt, I can’t make a lot of money to invest in Bitcoin, I can only upgrade my account level first, and then try to do bounty tasks to get rewards to make money.
This may take a long time, but I will stick to it every day, I believe that one day I will be successful.
Why dont you find a job in real world to earn money? Then if you already have a job you can start your journey in crypto by investing. Unless if you have a skills to offer here and use it as your stepping stone to establish yourself. You said you're currently in debt then use it as your motivation to do any possible way to maximize your earnings. There's always a way, just be positive and dont be discourage. We all started from scratch but our future depends on how hardworking we are to change the life that we used to. In reality, I can earn between US$1,000 and US$2,000 per month，But my debt is about $40,000.So I have to pay off the debt before I can invest in Bitcoin. I can only come here every day to learn some knowledge to enrich my abilities. wsxqaz123, I read about your problem. But you just wrote that you can make $2,000 a month. Is it bad? Reading your story, I understand that you have a goal to increase your rank to further participate in subscription campaigns, earning money for food. Small question, do you understand that you won't earn big money with your rank here? Moreover, having a debt of $40 000? Do you know how long it takes you to become even a full member? Perhaps you need to take care of other income, which will take less time to quickly get out of debt? |
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After the merit system was created in 2018, many members were not able to rank up again
It includes me. I was a bit surprised when I came back again to this forum after a long time. I realized something new in the requirement of level up. But I am not a person who complains about this new requirement because I know it is needed to trigger a better post quality among members. With this harder requirement, I also try to make a better post now. Although I am aware my posts still not deserve to get merits. This may be a thing that's a little unfair. Those members who, prior to the introduction of the merit system, reached the highest, legendary rank, this change has not harmed them. Other members have come to the situation that they have to make a lot more effort to get ahead in the forum. I suppose we can say that life is not fair. I think there is a bit of irony here. Sometimes you can observe, how those participants who registered long ago, were promoted in rank before the advent of the merit system, subsequently remain in their rank for quite a long time. Why is this happening? Since they, in fact, should have much more experience. And accordingly, they should not have problems in obtaining merits. But when I see similar statements from old-timers about the difficulty of raising further rank, I have pity for such people. What was easy for them is subsequently not properly appreciated. |
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For everyone, the value of bitcoin is determined by their own views. And as you can see from the answers, everyone has different preferences. The OP offers the most reasonable solution, I would add that, if possible, you should not spend, but purchase bitcoin regularly. But as it was said here correctly, sometimes there comes a moment when the price of bitcoin can suit someone, and he starts selling it. There may be different reasons. All actions will remain correct. Since this is a Bitcoin, and any rules for its use should not be attached to it.
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You must be very humble, but I think that after reading so much support you should develop more confidence in yourself.
There is nothing paid on the forum to be afraid of losing something in terms of finance. Before you decide to invest somewhere, the right move would be to get some knowledge of how to do it right. And simply by reading and communicating, you do not lose, but gain. Don't listen to anyone who says the forum is very harsh on newbies. Be yourself. Don't try to look experienced if you don't know what you're talking about. But also ask whatever you care about. Someday you will be able to help someone with advice.
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A beginner's guide, but only the tops are collected. You should, for each item, provide a link to an article that is already on the forum. In this case, it would turn out to be a small catalog of articles, through which it would be more convenient for a beginner to navigate, for a more complete understanding of each item you described. And so, I see a simple collection, like an abstract, for further self-study. And this is not a very useful activity, since sometimes beginners do not know what topic to tackle. A question from a beginner.  For example:
7. If you wanted to invest huge then store your asset in a cold storage like hardware wallet and keep all keys and password back up at least in three different ways in case you lose your other keys or forget your password.
And what is it?
9. Always use 2FA to access your funds to get more secured of holding your funds.
And what is it? |
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I liked the article, everything is quite succinct and clear.
The thought came to my mind that perhaps it would be possible to create a theme with real stories of people who lost or threw away their keys, and after a while, they remembered that they owned bitcoins, but could not recover them. Recently, the news is very often full of such stories.
It is always best to read life stories with all the mistakes that other people have experienced to keep others from making their own mistakes.
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Today I would like to raise the question of what might threaten bitcoin. We are all very optimistic about the future of Bitcoin development. But in the growth of a product, there are always moments that slow down or inhibit development.
What is the threat to bitcoin today? Government intervention?
Regulators? They will not be able to accept the fact that many funds are not taxed?
51% attack or development of quantum computers? The emergence of new, more promising coins that will compete with bitcoin?
Are there any of the most pressing issues to be wary of?
Perhaps, when discussing the pros and cons, many will have their own opinion that would like to hear.
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After mining all bitcoins, it can become the most defensive asset, far exceeding gold. But a hundred years is a very long period to talk about what could be. Technology does not stand still. They are developing and there may be another coin like bitcoin. Today, all that remains is to trust the science fiction writers, since even our conjectures we cannot check for correctness.
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You are asking a question, although you probably already feel a profit from the moment you invest. If you have lived and did not need to sell Bitcoin up to this point, perhaps you should also just remember that you have an asset that works quietly for you. The main thing is not to forget to save your wallet keys, as lately we have seen a lot of sad stories when people know that they have become millionaires, but cannot use their millions.
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Of course, this supply and demand always affect the growth of any product. Bitcoin is limited, its quantity is decreasing, and the demand for it is growing. Today we know of many institutional investors who have invested huge sums in bitcoin, and interest has grown significantly among the population. Today, it has become easier to buy cryptocurrency, as payment systems have added support from their side. The more the dollar loses its position, the more interest grows among investors who choose bitcoin as a defensive asset against inflation. Of course, many will say that buying Bitcoin at its peak is not very advisable, but who knows what kind of peak we can expect in 2021.
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So first, you need Merits if you want to give Merits to someone deserving in this forum. You are still holding a rank of a Newbie after being in this forum for more than 2 years.
Your topic heading does not match the content that you have written, if you carry on like this you will remain a Newbie for the next two years too. In my opinion, you should work on creating good content first and then think about Merits.
The calculation is very simple sMerit = Number of Merits earned/2 + airdropped merit (if there is any)Well, ranking up should not be the ultimate goal for anyone who is posting in this forum or else it leads to constructive on-topic spam.It's okay that OP stays in the newbie status as long as he is not posting craps all around the forum. Pay attention to the OP's post history. I think that this is not the person who is interested in merit. Perhaps he once rated star posts, and just wanted to thank upgrade00 for the post that came in handy. |
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Plagiarism (copy paste).User: Dokdo766 Post link: https://bitcointalk.org/index.php?topic=5307521.msg56042320#msg56042320[ archive ] I had read many articles around in the internet and found some good attributes regarding on the different kinds of crypto in the crypto market. And i found out that ethereum is a platform which also supports mostly of the altcoins being introduce by its mean using ICO. Conducting a project from the crowds budget and in return from the contributions are the giving of tokens instead. And afterwards the tokens will be used in an exchange they prefer to partner with. That is why i am taking credit to ether as best crypto next to bitcoin because of the platforms being used by most of the crypto as well. What do you think? isn't it ether is the best crypto?
Plagiarism. Note the year 2018. copied from: https://forum.ethereum.org/discussion/19132/i-think-ethereum-is-the-best-crypto-next-to-bitcoin ------------------------------------------------------------------------------------------------------------------------------- Plagiarism (copy paste).User: sallybein987 Post link: https://bitcointalk.org/index.php?topic=5304621.msg56085392#msg56085392[ archive ] The number of videos YouTube has taken down that were tied to scams has dropped dramatically this year. A YouTube spokesperson attributed that decline to factors that include its evolving enforcement practices. According to YouTube's enforcement page, the site has been relying more heavily on technology to police its platform this year, in part because of staffing issues caused by the COVID-19 pandemic.
copied from:https://www.cbsnews.com/news/youtube-twitter-bitcoin-scam-problems-alleged/ 
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Thank you again for noticing his posting. In fact, the OP does not have a single post written by hand. Malicious plagiarist. I hope it will be banned soon  |
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If we talk about teaching someone and explaining the theoretical part, it is always necessary to offer the necessary materials for reading or viewing. This is where we can properly direct the newbie by showing him the right sites and books that provide competent information. It will be very reckless to direct a newbie to watch YouTube, in which, when the price of bitcoin rises, a lot of garbage appears and confuses a person.
Only after you see that a person is ready, that he has an understanding of the risks that may await him when investing, then you can express your opinion about purchasing cryptocurrencies. And as the next step, move on to practice.
Your conscience will be clear if you are careful about what to do and what not. And the choice should always remain with the owner of the funds who plan to invest.
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Nowadays, people behave very freely on social networks and practically share their secrets with complete strangers, which then puts them in very awkward situations.
Absolutely right. Social media is an evil that can later harm account holders. By uploading their photos, users forget about such a function as metadata . They contain GPS information, date and time, and sometimes more sensitive information. Subsequently, users wonder how scammers find out about their whereabouts. |
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Isn't it that having lots of extension installed on your browser is more susceptible to hacking, hijacking incidents of your personal credentials such as wallet or passwords, private keys etc..?
Perhaps the OP had in mind working in a browser for cryptographic purposes. You can always have multiple browsers. Yes, I agree that the Chrome browser is insecure, but it is convenient for other purposes. Everyone's favorite Firefox also put forward a proposal for deplatforming. https://blog.mozilla.org/blog/2021/01/08/we-need-more-than-deplatforming/ Anonymity and confidentiality are becoming a very difficult decision for ordinary users. By allowing free add-ons, we also allow those add-ons to collect all sorts of information about us. I would suggest using Firefox Multi-Account Containers and separating different interests in these profiles. |
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Now Ledger has big plans. To restore user confidence, Matt Johnson told what changes will occur in the near future, so that the case of data breaches will not happen again. Delete, delete, delete
Moving forward, Ledger will delete data from its e-commerce partner as well as move customer data to a database that can’t be accessed from the internet as soon as your order is fulfilled, before deleting it as soon as they’re legally able.
The company will also be deleting names, addresses and phone numbers from confirmation emails sent to customers so that this data is not passed through third-party e-commerce email providers.
The email and social media will only be used for marketing messages and announcements, Ledger Live accounts are being set up to communicate technical and security information, seemingly to avoid instances of previous phishing scams, in which scammers encouraged Ledger users to download important security updates via genuine-looking emails. https://www.coindesk.com/ledger-bitcoin-bounty-new-data-security-after-hackOf course, we can say that a leak is equated with a human factor, and few people are insured against it. Here the expression "lock the barn door after stealing a horse" is very appropriate. |
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Good advice for investing in your future. But you also need to consider some points. If you are a beginner, then you need to understand how to buy bitcoins. If you are going to buy them on an exchange, then you must be confident in it. In order not to lose your money, you need to find out the reputation of the exchange. Also, you must be prepared that there you will have to verify your identity.
Next, you need to purchase a hardware crypto wallet. To store money and make a backup copy of such a wallet if you intend to invest for a long time. There are many more points to be learned, but in any case, the OP is right in expressing his opinion. Let it not be $200, but there will be an amount less or more, but anyone who invests money in long-term storage always wins.
A good rule of thumb is to buy Bitcoin regularly, regardless of its price.
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