If the scammer made a mistake like having all the Bitcoin that the scammer scammed in one wallet address then there's a chance that the scammer will be caught since Bitcoin transactions can be traced where the funds is going unless the scammer use a service to mix the coin. There are scammers who got away and I don't think scammers will get all most of the time. As you have known, scammers use many ways to scam people so we can assume that the scammer also have many ways to sell the crypto into fiat without getting caught.
Yeah, It's true that scammers frequently employ a range of techniques to try to hide their tracks, such as coin mixing services or even more advanced strategies like Monero or Zcash. Scammers are always coming up with new ways to mask their traces, and the crypto industry is always trying to come up with new ways to identify and stop this kind of activity. It's a never-ending game of cat and mouse lol.  |
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If we knew what the future would hold, perhaps many people would be more greedy. I once sold bitcoin at a price of nearly $400, but to say it was a complete mistake I don't think so, because I'm still here and my confidence in the opportunity that bitcoin brings is growing.
The story that OP mentioned here is probably the common psychology of many people, they only feel comfortable when the investment profits immediately, or the loss is not too much. I feel like it's more of a short-term trend than a long enough process to see fluctuations. Ask people who have invested for over 5 years if they've ever seen their investment decrease by 90% but still keep it then receive a large profit. Not everyone has the same opinion, as well as approaches to investing, so take every story as a lesson to look back at what your own investment is getting, it's not necessary to always say in terms of monetary profit, but also things like knowledge accumulated and applied back to that field.
Individuals frequently overlook the long-term effects of investment because they are engrossed in the short-term trends and feelings involved. Investing demands perseverance and patience; it's a marathon, not a sprint. A 90% dip can be demoralizing, but persistence can pay off with enormous advantages for those who persevere. You also correctly point out that investing is about more than simply making money—it's also about the knowledge and experience you pick up along every step of the way. That's a really crucial thing to remember, in my opinion, especially for people who are new to investing. I've also had similar experience as the OP, some years back, I decided to diversify my investment since Bitcoin trend wasn't encouraging, and I've till today regretted that decision. |
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Web page design is unprofessional, all the CSS templates are overlapping with each other so that reading becomes impossible, even if your signals have parsing, the site makes it difficult to read them and again (paid signals are more likely to be a scam than something that might bring you a good ROI) The site's unsophisticated design and the overlapping CSS templates are indeed problems that may be fixed to enhance the user experience. The website appears to be in need of some updating, both in terms of appearance and functionality. Indeed, it is important to use cautious while utilizing purchased signals as there is no assurance of their accuracy or reliability. |
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Do you really need to tell people that you have Bitcoin? I don't see it as a good decision because it could have some negative consequences. Bitcoin promotes privacy, therefore, it will be good to keep your hodling secret.
Though OP is basically an anonymous member here and didn't disclose how much bitcoin he owns or proved that he even purchased any, it's kinda too late for that advice now, wouldn't you say? This is the second thread I've seen in a couple of days by a low-ranked member in which they give generic advice and don't seem to know their audience. What OP wrote might be appropriate for a B&H thread, I think most people who frequent Speculation already know basic stuff like "don't panic", "don't procrastinate", and all that. In short, I'd say I smell a merit-grab attempt except for the fact that OP isn't in a campaign and hasn't been all that active since he registered. If this is well-meaning advice, I feel like I'm being given advice by a typical 20-something Youtuber who thinks he's got it all figured out and wants to share his "wisdom". No offense, OP. it's definitely true that there's a lot of generic "feel-good" advice floating around, particularly on the internet and in this community and it can be challenging to discern between those who are genuinely trying to help and those who are just trying to get attention and validation. As for the OP, it's possible that he was genuinely trying to help, but he was unaware that their advice was too basic for the people in this particular part of the community. Either way, it's good to be able to recognize when and where an advice is needed as well as where and when it's not This is the exact reason why it's very important for a poster to know when, where and how a post should be made on the forum, this piece of information like you said would be a lot more valuable in the B&H section of the forum or some other section but definitely not here. |
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Thanks for the acceptance Boss, I've updated the campaign Ads and I've also confirmed that my details on the spreadsheet are accurate.
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You must have a source of income if you must succeed in your holdings.
Not just having a source of income, you should have provision for emergencies. Hence there is a need to have emergency funds in case of loss of job, health issues or other unforeseen occurrences. You should always invest only what you can live without, that is why the DCA strategy will always be the best investment option. It facilitates investing at your pace and places less financial burden on the investor. Life can be so unpredictable that if we don't prepare well enough for the future against any type of emergencies that may arise we might end up going back to square one like we never had a plan or a job in the first place. There are circumstances that may hit a man that his single job that is his source of income can't handle it compared to when he's with multiple streams of income. Still fresh in my head the covid-19 pandemic that made a lot of companies to layoff some of their workers , I had a family member that was affected and that was how he fell back to his little savings (if it were bitcoin we would call it hodling). Assuming he had other sources of income flow a layoff from his company wouldn't have had such adverse effects on him that he fell back immediately to his savings. So I agree, having multiple streams is much better than just a single source of income in today's world. However, some persons that sell their bitcoin hodling in some cases may not be as a result having no steady income source or a single income source that later went bad but could be that they faced life challenges and circumstances that not even their multiple income source was capable to settle it all so they had no option but to sell their bitcoin hodling even in a loss or average price to settle their problems. Life is entirely unpredictable! Part of the justification for an emergency fund is if the income streams dry up. some guys like to go with the idea of merely having cashflow is going to save you, but it is not going to save you if you are not managing your cushion very well, and yeah sometimes multiple cashflow streams could dry up at the same time, and temporarily, there might not be any other options and sometimes the lack of other options could last 6- months or a year or longer and Covid likely lends some credibility to those kinds of outlier scenarios that end up really catching people off guard if they don't have something like an adequate emergency fund. You raise a very significant point: some people undervalue the significance of having an emergency fund because they think that having several sources of income will shield them from all types of emergencies. Yes, in an emergency all streams of income can all dry up at once, even if you have many. Just as you cited an example of the Covid-19 pandemic, emergencies can endure far longer than we anticipate. Therefore, even if you believe you have many sources of income, having an emergency reserve is crucial. Things could change at any time, so it's always best to be ready. This is the truth indeed. I sold my Bitcoin in 2022 at cheap but my average buying price was too high. I was forced to sell because I needed some urgent cash. Not only that, I have started holding my Bitcoin since the beginning of 2023 and accumulated a good amount of BTC after all my expenses. FYI, Most of my savings are on Bitcoin and now I am in trouble. I have created a thread on the lending board asking for a Interest free loan because I don't want to sell my Bitcoin.
It was obvious that nobody would grant me a loan without interest. Still I tried what I could try. One of locals agreed to give me a interest free loan and probably I am not going to sell my Bitcoin this time. I will send him the BTC as collateral and that's how I am going to save my Bitcoin. We all know that the Bullrun is ahead. So, nobody would sell their Holding at this moment.
Well, that was wrong on your part. I'm guessing you bought too much Bitcoin without considering your budget, or there's something else you're not telling us, such as a decrease in your income for whatever reason. Despite what it is, you should always have a backup plan, or at least some savings in fiat currency. Having all your money on Bitcoin makes no sense. This is the point of this thread: it's almost impossible to acquire Bitcoin if you don't have a steady source of income, preferably multiple, but one also works if you're budgeting correctly. I get your point 100%, Investing all of your money in Bitcoin is not a smart move, particularly if you don't have any other sources of income or savings in fiat. Investing should be diversified, and you should have a backup plan in case something goes wrong. I believe that using Bitcoin as a form of savings account rather than a checking account is far preferable. That is, investing in Bitcoin long-term while keeping other assets or savings in fiat. This way, you won't have to worry about sudden spikes or drops in price, or the need to visit your bitcoin account pointlessly, or even need to sell off a portion of it to cover unexpected expenses. |
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Pretty relentless, sustained selling. It has to end soon, surely? We’re down from $49,000 to $39,700 since ETF approval today. Fuck Grayscale. Yes, that is a rather harsh sell-off! It is definitely excessive, particularly in light of the fact that this was not the anticipated advantage of the ETF approval for traders and investors. It's interesting that you bring up Grayscale because they have been accused with manipulating the market by allegedly selling significant quantities of cryptocurrency to lower prices, however I'm not sure if these claims are true. |
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Very quiet January transfer window in the PL. I haven’t paid much attention to other leagues this January but in the PL especially, it’s been one of the quietest transfer windows I can remember.
I guess we’ll see if that continues for the remainder of the month, not long to go now until the window slams shut.
I completely concur that the Premier League's January transfer window has been quite boring. This may indicate that teams are being more frugal with their spending because of the state of the global economy, or it could mean that there aren't as many players available who could have a big influence. But in comparison to other years, it's been a bit of a yawn fest. I believe that it will pick up in the last few days of the timeframe, however I could be mistaken at some point. Well, not only am I curious to see whether any major moves will occur before the window slams shut (as you say), but I think everyone is eager to find out as well. |
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User: Gormicsta
Position to Apply: Member
Posts Start: 143
Bitcoin Address: 191RSmKs97SXn72Qop56vSCqkhatdTfnzJ
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Thank you for the valuable advice.
After the harsh experience, I decided to use only open source software and install Linux on a bootable flash drive
I think it's the best way to avoid running into this problem again.
Perhaps a somewhat late decision, but it is better late than never.
To add to everything that LoyceV suggested, a dual boot setup seems like a solid idea here too. With that, you'd have Windows and Linux both installed on your computer, and when booting up, you'd just select which one you feel like going with that time. This lets you benefit from the software options of Windows and the security of Linux in the same machine. Dual boot gives flexibility if you ever find yourself needing something only one OS provides, and is generally a more optimized solution compared to VM, because it requires less resources. From an interesting point of view, dual booting is a fantastic choice for anyone who wish to combine the security of Linux with the software variety of Windows. For those who are unfamiliar with Linux and would like to learn more about it, this is an excellent option because they can easily switch back to Windows if necessary. Although dual booting does involve a little additional preparation, the flexibility and optimization it offers usually make it worthwhile. |
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Do we agree that it is a feeling of pride that they have superior knowledge on issues than others because of their ranking?
Way I see it, every community has its share of troublemakers. Placing the blame solely on one group is neither fair nor accurate. We all gotta do our part to keep things respectful - newcomers and veterans alike. And I don't think its fair to say that those legendary members act like they're better than everyone else. They got that status by helping out a lot on here. Maybe you just had a bad experience with one person who happened to have a high post count and legendary rank, but I wouldn't generalize and say they all have a superiority complex though. That's harsh and probably not true for most of the longtime, dedicated members around here. You make an incredibly reasonable point! No matter what their standing, there will always be a small percentage of inappropriate behavior in each group. A few bad apples doesn't mean that everyone who has been in the community for a long time is like that. Nor does it suggest that everyone who has been around for a long time is like that. It's crucial, in my opinion, to keep in mind that there are always going to be some people who don't speak for the group as a whole and to wait for everyone to exhibit their genuine selves before drawing conclusions. Perhaps the original poster had a negative encounter with a single individual, but that doesn't suggest that everyone with a large number of posts or legendary status will be that way. I guess it depends on the energy you bring to this this place and who sees your posts. If you are negative and criticizing, you will surely be met by the same energy from the other side. I have never seen a normal conversation turn into bullying and abusive behavior without a reason. If you have some examples of that, do show us and let's figure out what happened. Generally, you are not going to get attacked by normal members of the forum (regardless of rank) if you don't give them any reasons to attack you.
There's no doubt that the energy you bring to a room can affect how other people see you. You're accurate, I believe, that talks don't typically turn into aggressive or bullying conduct unless provoked. It's likely that there was something that caused someone to feel assaulted or insulted. People are generally more inclined to react positively to the energy they are given, however there will always be exceptions. |
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Greyscale will sell much more.
This is just the start of a soul crushing multi-month pre-halving correction.
Consolidation during summer.
It will go up again q4 with a possible ATH.
Real fun starts in 2025, until that happens i will remain extremely bearish.
Sorry..
The Bitcoin price is undoubtedly susceptible to the halving cycle, and there's a chance that the months preceding it will see some notable corrections. To be precise, do you genuinely believe that Greyscale's sales will have a greater influence than other factors, such as macroeconomic circumstances or overall market sentiment? Again, It is highly likely that we will witness a consolidation in the summer. If this is the case, is now a good time to buy? |
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Short squeeze in the making or the beginning of hugely depressing spring/summer?
(wondering for a friend ofc)
Edited to add: Had to sell a tiny bit to pay insurances, so it could resume uppity now any moment.
The needing to sell a bit for some "extra" expenses seems like it should have been in the upper $40s, not in the upper $30s.. #justsaying Thanks for pointing that out, it already began to dawn upon me but now I know for sure.. Then again, when the invoices start to change colors so to speak you can't wait any longer for the squiggly lines to please ones desires and wishes. Though seriously, in the past it worked more often than not to wait as long as possible to sell for basic needs (a mandatory insurance is not exactly an "extra" expense in my book). And I'd like to quote Jimbo here in my defense (IIRC, apologies if I'm attributing this wrongly to him) : "Buy if you can and sell if you have to" and it was clearly a "have to" moment. Remembering for what I buyed the sats I sold yesterday I'd like to quote the lil doggie too: "This is fine". Let's say for example if we have an average cost of $1k per BTC or maybe even way less, as Jimbo proclaims to have something like 2 digits on his average cost, but anyhow, for the ease of illustration and maybe even to help guys to relate a bit, then maybe if you are currently around 40x in profits and in the whole scheme of things, it does not make very much difference if you ended up selling some of those coins in 39x profits or if you could have had gotten 49x in profits. It's cool how you put things into perspective with your example. Someone would have still made a sizable profit even if they had sold at 39x profits rather than the desired 49x. It's critical to remember that timing the market precisely is impossible and that hindsight is 20/20. Furthermore, profits—regardless of whether they are 39x or 49x—are always positive. |
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Paul George had himself a night as well as he carried the Clippers in the second half to a victory over the Oklahoma City Thunder. He ended up with 38 points in his best game of the year. Westbrook had a pretty nice highlight down the stretch as well. They have the best record in the league since November 7th when they got things together.
Paul George's performance against the Thunder serves as more evidence that he has been a terrific player for the Clippers this season. It's wonderful to see him guiding the squad to victory because he has been so dependable. Westbrook has been a terrific addition to the squad, and his highlight reel was undoubtedly spectacular. They seem to be peaking at the right time, which is pretty impressive considering how much they've improved since early November. Comeback of the year for the Suns against the Kings I think. This just after the Dame dagger against the Bucks the other night. Durant closed out the win with a couple free throws but it took one hell of a comeback in order to win this one. Good for the Suns. Glad to see Durant had the ball at the end too.
The Suns' victory over the Kings was extremely impressive, as it is not often that a club overcomes such a significant deficit. Another amazing play was Dame's dagger versus the Bucks; he truly is a clutch talent! Regarding the Nets, it's fantastic to see Durant make those critical free shots. |
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OP, i wish i can fluently speak my language i would have been happy. Quite unfortunate i cant speak my language so how do i expect to write it. Lol . I guess am not the only one here who cant speak their local dialect. Anyone? The ability to understand and speak your local dialect is so important that it can't be overemphasized, I mean, that's like your ID just incase you find yourself anywhere. I can fluently speak my local dialect and if it were possible I'd also love to go learn how to speak other major local languages in Nigeria, because language has a force you cannot really understand |
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some may take issue with 2 to 4, I think emergency funds can be obtained if we can control points 2 to 4, what most people do is not invest, and prefer to spend their money on themselves.
If I have income I prefer to save most of it to reinvest, so the comparison is possible, 40% for expenses and 60% for investments.
That's an excellent notion, and I think your investment and budgeting methods are highly disciplined and sensible. Although there are others who contend that you ought to prioritize self-indulgence and live in the present, I believe your long-term approach of allocating the majority of your earnings to investments and savings makes sense. After all, you're positioning yourself for financial security and a better future if you can keep your spending under control and make smart investment decisions. |
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its worth noting, that its best to try to set up a second account with a different bank for the emergency funds for these reasons:
1. if main income accounts bank freezes the account they also freeze accounts associated with account holder they hold.
2. if main income accounts bank has a internal error problem or does a bank run.
3. if bank wants to close account spontaneously, access to funds can be delayed from that bank
so by having spare funds with a different bank increases success of having money available in an emergency
Usually, Emergency Funds shouldn't be easily accessible. I have an app where I do more of my savings sometimes (not long-term) in that app, I can only access my funds at least 24 hours upon request and not immediately. So something like that could really help. And then again, I wouldn't really recommend having your emergency fund in fiat or your local bank, especially when it's long-term, of course emergency funds are meant to be long-term. My point is that having your emergency fund in local banks or fiat exposes you to a few things, your money may be safe there until you need it but it's never safe from inflation, inflation can periodically disvalue that fund. |
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Here are 4 common mistakes people made with their finances last year that should really be looked into and avoided this year in order to achieve your financial goals.
Reading through your thread, all I could think about are this three words and that's 'Lack of planning'. It's as a result of lack of financial planning that we don't have emergency funds, investment funds and spend to the point that wr don't realize that we're over spending until you're done spending. A financially serious person is supposed to have had all this under control. You can't see a millionaire slacking back in these things or they'll lose their wealth. The hardest thing to do isn't to make the money but to retain it as not many people are learnings that while hustling for the money. To avoid making this same mistakes this year, we have to plan our money before receiving the money. When your salary gets into your account split it into different accounts for the different things you're doing. Send the part for investing into an investment account, the spending for a spending account and the same thing should be done for others like the grocery, daily expenses and so on. Planning makes you conscious of what you're using your money to do and when you're directing your money and not your money directing you, you won't fall a victim to what this thread is all about. You've really hit the nail on the head. One of the primary causes of people's lack of investment, emergency, and expenditure of cash is undoubtedly lack of planning. It's quite simple for us to get lost in the moment and lose track of the bigger picture, but doing so can have negative impacts on our financial stability. Many people say that their low income is the actual reason they can't track their spending or save money for an emergency fund, but in my opinion, the real cause is lack of adequate planning. If someone had planned ahead and started saving money for the future, having a small income wouldn't be an excuse at all. |
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1. NOT HAVING AN EMERGENCY FUND
2. NOT INVESTING
3. OVERSPENDING
4. NOT TRACKING EXPENSES
The thing is that some of these things are no mistakes, but situations that were difficult for some people to control because at the start of last year 2023, they planned to have emergency funds, to invest, not to overspend, and to track expenses, but it did not work out for them because of how poor their economy is, they are not earning enough to even spare some for emergencies and also investments and then try not to overspend but due to the ever increasing price of things in the market they keep spending more than their budgets and then they have also stopped tracking their expenses because tracking their expenses makes them depressed seeing that they are spending more money than they are earning and balancing the rest up with debt. The situation of things is really very difficult for some people in some places, and due to that, this year may be a repeat of last year. That is accurate, and it's also a very crucial point: saving and investing can be challenging for some people due to external variables like the state of the economy. Sometimes having the ability to make the proper decisions is more important than just knowing what to do. Finding yourself unable to achieve your financial objectives due to events beyond of your control can be extremely depressing. So, do you personally believe that there are any approaches or techniques that could be able to assist those who are in this kind of situation? |
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Every person should have an emergency fund. It is not possible to say how danger comes in human life. Accident, job loss, family crisis can cause various problems. There should always be an emergency fund for this. All expenses should be settled and invested. If money is wasted, it will be spent. Investing has a saved money. Luxury can never bring good things. You should keep calculating all the time. If you spend more, you have to pay for it in the future. And you should keep an account of where you are spending. Then you will have an accurate account of your money.
You raise some excellent suggestions about the value of having an emergency fund and the necessity of keeping a close eye on your spending. I really like your point about how important it is to be ready for the unexpected. Emergencies like as accidents, job loss, and family difficulties can all occur, and having an emergency fund on hand will lessen the financial strain that may accompany them. Regarding the significance of investing your money, even if it's a little sum, I also think you make a lot of sense. |
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