How to save savings in inflation, there are many deposits provided by the bank, but banks often go bankrupt, does it make sense to buy gold? How is gold bought in a bank and interest is issued on it?
As far as I know, you can't buy gold only at the bank, as far as I know. So if you are asking where is it better to put the money, in the bank or in gold? And for now it is too risk to put our money in the bank if you are located in U.S especially in the inflation they are facing it now. Of course, for me it's better to use it in gold than in the bank, because at least with gold anytime it can become money and at the same time there are also ups and downs that happen here when it comes to business trade. But you need to make sure that you will own physical gold, not gold in the bank. Deposit money in the bank or invest gold through the bank. That means you will only receive a certificate that you have deposited the assets in the bank but that you do not own any physical gold. The risk is the same. If OP is looking to make a profit from depositing money in a bank or investing in gold. Why not think of another solution like bitcoin, for example? |
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Money cannot buy happiness but it can buy us comfort and luxurious things which can give us happiness temporarily. I think happiness that comes from acquiring things is not sustainable and can be lost when you lose those things, in my opinion true long lasting happiness comes from within.
I agree with most of the list, time with family and friends is a better way to spend money, it’s a wonderful experience to have. I rather spend my money on people and not things.
Even if you find happiness from within, you won't be able to keep it for long without money. Are you married yet? My wife and I don't come together for money, but when life is at a standstill, without money, there are hundreds of things to worry about. And if you don't have money when life is at a standstill then your happiness will be shattered from there. The power of money is undeniable, it can't buy happiness, it can't buy health, but it can maintain those things for you. |
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Yes, we have a lot of easy ways to make money, but to make $50 per day, you need several million dollars of capital, and how much capital do you have? LOL.
Many people always complain why are there so many scammers nowadays, especially on the internet, and they don't look back on themselves. People who don't want to work still want money, and lazy people want to get rich fast...It's greed that kills us, not the scammers out there. If we are not lazy and greedy and work hard, we will never be fooled.
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In my opinion, the best thing to increase profits in business is to increase capital and marketing which is getting more massive, currently there are many social media influencers that we can use to advertise our products, and this has proven to be more effective, some conventional advertisements such as television or newspapers also still have performance. which is good so we have to do all marketing tools.
Increasing capital and marketing efforts can definitely help you (as a businessman) to increase profits. Those are fundamental basics in today's market rules. No offense, but this is something everyone knows, as long as there is a lot of money, anything can be solved. Most of what people are discussing are just general ideas, and we can find them on the internet. In my opinion, if we want to increase sales in our business, we need to identify at least the challenges facing the company. From there, offer solutions suitable for the company's size and in accordance with the costs the company can spend. We cannot apply the solution of an enterprise with a charter capital of 1000 billion dollars to an enterprise with only a few tens of thousands of dollars in charter capital. |
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It is true that many people have become rich by investing or trading bitcoin. But that doesn't mean everyone who invests in bitcoin becomes rich. As far as I know, there are more losers than winners in this market.
I don't blame you for being a newbie, but you need to eliminate the idea that bitcoin is a get-rich-quick place without hard work. If you invest with this mindset, you will soon become food for others. I will not advise you to do anything because to grow up, everyone needs to experience and pay the price.
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Has the era of bitcoin passed as the number 1 cryptocurrency?
You need to know that nothing in this world is 100% perfect and bitcoin is no exception. You can't just because a small problem has appeared for a few days and quickly conclude that bitcoin is out of date. The benefits that bitcoin has brought to us are immense, and it can be said that no other asset class can do that. But with just a small matter of transaction fees, you will be suspicious of bitcoin. It's disappointing that this doubt comes from a hero member of the forum. |
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A hardware wallet isn't really expensive, you can buy it for ~$100 which is 1-3 weeks of signature campaign payment.
It's less than $100, my brother just asked a friend to buy a Trezor One wallet and it's only $69. If you purchase and require shipping to your area, you may pay an additional $10 shipping fee. We can see it is not cheap but not expensive compared to the value that bitcoin will bring us. I know many people will say they don't have money, don't have a lot of bitcoins, and that buying hardware wallets is a waste. But if you consider it in the long run, it is worth it because your bitcoins will give you many times more profit than buying a wallet. |
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If you want to invest in Bitcoin, you need to be patient. Don't be alarmed by the daily price fluctuations of Bitcoin. But you can make good profit from here. You have to invest wisely. You buy bitcoins when the price goes down and sell when the price goes up. This way you can earn good money even from short term investments. If you invest in Bitcoin for the long term, if the price drops later, it will pay you handsomely. Because it is known that Bitcoin will make new ATH in 2024.
Patience is a virtue, and it is how completely a trader profits from bitcoin. A basic technique is to accumulate bitcoins and store them for long-term use. Buy bitcoin during the bear season and sell it during the bull season. Due to FUD, I sold some of my bitcoin but later restocked my portfolio last week. Bitcoin will reach a new all-time high in 2024, but nobody knows what month. Bitcoin fluctuates on a daily basis, and we all know what we have to pay when it comes to trading. It is critical that we adapt to the up and down movement of bitcoin in order to meet our daily targets. Well kudos bro for restocking it back but just wanted to clear on the certainty of bitcoin reaching a new ATH during 2024, due to the volatile nature of bitcoin it is hard to predict when another ATH might be experienced and all stories of attaining another possible ATH in 2024 is of mere speculations due to previous experience of the supposed halving that have lead to the achievement of all ATH attained. Yes and I agree that it is good to move up and down with bitcoin but to have a long term investment without tempering with the funds is actually the best investment plan you can do for yourself. Everyone is expecting the halving. I'm curious, has anyone considered the scenario where bitcoin won't hit ATH after the halving? I mean, history won't repeat itself and will be broken. What will people do next? The future is unpredictable, and anything can happen, I think in addition to expecting history to repeat itself, we should also have a plan for that worst-case scenario. |
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it's true that saving money in bitcoin is better than saving in a bank, where we can make a private bank with bitcoin,
Saving and investing are two completely different concepts, I hope you understand. Investment can fail, there is no guarantee it will bring you a return, while your savings will never be lost, if any, will be only a small part due to inflation. But what OP did is worth learning because when I was a student, I even needed the help of my family. With his early access to bitcoin while in school, I believe he will have a decent amount of money after graduation, which will help him do many things when he graduates. |
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You're lucky to win £50. But you would be foolish to think of investing this £50. Because if you buy and invest bitcoin with this £50, you will not get much profit from it, but a small amount of profit can come. so you spend this £50 on your various necessities or you can spend it on any work of your family. And if you are thinking that you will invest in bitcoins then save some money from your daily earnings. Later invest your savings in Bitcoin then it will be good for you. and you are a legendary person in the forum so if you want to work on different signature campaigns you can get paid bitcoins and hold those bitcoins for a long time.
If you knew his age, you would apologize for calling him foolish. I guess he's your grandfather's age. As far as I know, I don't think he's looking for financial investment advice, what he's doing is like a survey for young investors like us. And I also disagree when you say £50 is not worth the investment, everyone will have a different economy, it may be nothing to you, but it will be an asset to someone. One more thing, he is not here to monetize signature campaigns like you and me  . |
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Google Authenticator can be said to be the most popular and used 2FA application. It's safe to use so far, but their only problem is collecting users' data without our permission.
Was this the reason for Binance announcement regarding the use of 2fa and disabling it. Ive read it somewhere their announcement maybe on Twitter but that means there something Google arent doing well here. So far I am only using Google 2fa but will look into other choices. I don't know about that announcement from Binance, but if you intend to use another app to replace Google 2fa, I recommend using open source apps like Aegis, Raivo and Tofu. but have any authicator with extension support?
I know an app that gives you all three platforms, as you would expect. But I don't recommend using it because it collects user data. I also just deleted it a few days ago after learning it was collecting user data. https://2fas.com/browser-extension/Google Authenticator can be said to be the most popular and used 2FA application. It's safe to use so far, but their only problem is collecting users' data without our permission.
If you are using the iOS operating system, Raivo and Tofu are also a perfect choice like Aegis. All are open source and do not collect any user data. I am currently using Aegis and am quite happy with it. I am also planning to install Tofu or Raivo on my old ip7 to test.
Is that true I don't know if the 2Fa collecting user data without our permission. Although Im always using authenticator got from Google and from chrome extension and the data doesn't store it online so basically it will stay on your computer.
I heard 2FA called authy but it seems it is not open source. But it always curios me if the product free where they get the money to pay the developer there is some people said if the product is free you are becoming the product itself There are thousands of completely free pieces of software with no steady income stream out there which survive just fine. There is also a donation link on the Aegis website if anyone is so inclined.
Still, even if development stops tomorrow, nothing changes with the app you have already downloaded and are running. And of course, you should utilize Aegis' ability to create encrypted exports of your database, so even if you can't install Aegis on a new device you can still import your 2FA codes in to a different app. https://bitcointalk.org/index.php?topic=5450700.msg62188593#msg62188593Both Google 2fa and authy are closed source apps, and they are also free, in your opinion, where do they get the money to pay the developer, like your question? |
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Strictly speaking, our trust is only formed and strengthened when we get positive results from it. When I first started investing, I was always skeptical about the future of bitcoin because the people around me always spoke negatively about it. But after profiting from it, my belief became stronger. It can be said that trust will be built through results, when we receive good results, the trust will be stronger.
. I believe that people who say negative things about bitcoin can be said to not understand how bitcoin works and what benefits bitcoin holders get. Therefore, don't listen to other people's words and do it based on your own beliefs and principles. Lack of knowledge is just some of them, I think the people who are talking bad about bitcoin are mostly people who understand bitcoin very well. I mean the government, I don't believe that the government lacks knowledge about bitcoin, they can be even better than us. But because bitcoin is of no benefit to them, they cannot accept it and seek to smear it. They spread lies about it so we stop using it and continue to trust them. |
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Since I first started investing in crypto currency, many of my friends didn't believe it and some even said that investing in cryptocurrency was a lot of scammers. But I didn't pay attention to what my friends were talking about, instead I wanted to prove the opposite as what they were talking about and it turned out that when I first got results from investing in bitcoin, that was where the belief was formed that investing in crypto currency, especially bitcoin, could generate large income.
Strictly speaking, our trust is only formed and strengthened when we get positive results from it. When I first started investing, I was always skeptical about the future of bitcoin because the people around me always spoke negatively about it. But after profiting from it, my belief became stronger. It can be said that trust will be built through results, when we receive good results, the trust will be stronger. |
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Bitcoin is around 14 years old and according to reports it says that users are around 170 million and active users are more than 10 million, of course this is a very large community because if combined it is equivalent to the population of major countries, bitcoin is of course trusted because until now users still feel safe store assets in bitcoin, although sometimes we hear cases of hack wallets.
These wallets gets hacked only due to the carelessness of the owners. First of all we should avoid online wallets. Never store any coins in any online wallets. Secondly many people like to store the coins in exchanges as this gonna help them to exchange the coins faster. But we have to strictly avoid these things while storing the coins. As in both cases, the coins are not completely owned by you, other entities also have access to it and hence for this reason many times, wallets are hacked. We should stay away from centralized exchange wallets completely if we don't want our bitcoins to be lost for no reason. Hardware wallets are the best, but if you cannot own them, a non-custodial wallet like Electrum is a good option. I have been using Electrum for 5 years and have had no problems. So the hack was caused by our carelessness and not by using an online wallet. The safety of our property depends on how we use and care for it. |
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Something to think about right now is not about how much new ATH bitcoin will be after the halving, but how to increase this investment portfolio so that it can get good returns if the 2024 halving can hit new ATH. DCA and accumulation, that's good advice, so now is the time.
That's good advice, I see too many people expecting a new ATH, and they almost forget that accumulating should take precedence. Because when bitcoin goes up and hits $100k, but if we don't have bitcoin, we won't benefit from that either. Bitcoin hit $100k almost imminent, we don't need to expect too much from it. Instead, try to collect as many bitcoins as possible so that we won't have any regrets when the bull season comes. |
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I've always known that Google Authenticator does not save any of our 2FA accounts in our Google account, so I keep my setup key offline and safe in case something bad happens to my device and I need to recover my account quickly.
But, with the list you've provided here, I think I'll do a little research on them and switch to one of them (if my account can be safely backed up and recovered). I've had my eye on "Aegis Authenticator" for a while now, but I'd still need to do some research before fully migrating; the only problem is that they're not currently supported on iOS, which could be a problem.
Google Authenticator can be said to be the most popular and used 2FA application. It's safe to use so far, but their only problem is collecting users' data without our permission. If you are using the iOS operating system, Raivo and Tofu are also a perfect choice like Aegis. All are open source and do not collect any user data. I am currently using Aegis and am quite happy with it. I am also planning to install Tofu or Raivo on my old ip7 to test. |
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Applying for the spot of a full member.
Current number of post (Including this one): 1250
Rank: Senior Member
bech32 address: bc1q9hn3g50tprwem5qe33v5lppw9alnyhqv8myf65
Merit earned in the last 120 days: 4
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As the topic implies, I don't really know why people are channelling all efforts to bitcoin wanting them to have 100 percent return of investment, from my last research I didn't see where it was written bitcoin to be a Ponzi scheme or a quick get rich scheme to give you 1000x immediately you invested.
I just draw out this post due to some post I have been reading across here and it annoys me seeing people or newbies always asking after a platform to give them $100 daily, $50 daily and so on without them even coming to think about how it works or not.
As a matter of fact if I should see any post related to this same questions I don't mind reporting them to the moderators.
Why can't you guys read before requesting for what could make you rich over night. Please bitcoin doesn't need to be pressured in other to gain profits and for you to enjoy the investment the only alternative is to choose long term investment period maybe from 1 year to 10 years and enjoy the benefits of bitcoin instead of coming here to make unnecessary noise.
I don't know if I should moved this post to meta or here... Please I will be happy if any of you suggest me.
Newbies in the bitcoin sector no matter their age or experience are like children, they won't stop asking questions. It might look unnecessary to you but for them, it is an important question. Sometimes I get exhausted because of some bugging and stupid questions from my children but I have to keep giving them answers because that is the only way they can be guided. I don't blame them for asking these questions because there are so much false information about the Bitcoin space and this is the best forum to ask such questions. We have the responsibility of answering these questions if we have interest, time, and the opportunity. It is good they are asking just questions because we have seen many newbies that come up teaching threads about issues they know absolutely nothing about. I also never blame them even though answering such questions is boring, but that's how we can help newbies. I remember when I was new to the market, being a complete newbie, I always had stupid questions like OP mentioned, always looking for a get rich quick. It can be said that all of us have been like them, made the mistakes of a newbie. So don't be too hard on them, no one can grow up or be successful without silly beginnings. If we cannot help them, there is no need to criticize or disparage them. Everyone has greed, and especially those who lack understanding, we can sympathize with them. As you also said, we were all newbies before becoming the experienced people we are today, so instead of complaining to them, we should offer advice to help them. I am also very allergic to get-rich-quick questions like that, but thinking back to when I first entered the market, I used to think the same way, so I hope they will find the answer for them. |
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...
Also, is there an advantage to buying from a broker over buying on an exchange?
Thanks
If you find a reliable and affordable broker, then it is an option where you can better keep your privacy. But if not, swap is the only option that you can use. But never store assets directly on those exchanges, use a non-custodial wallet, as it gives you full control over your assets. As many have mentioned, the hardware wallet is the best option we have and it's not too expensive to own. But if you still can't afford to buy it, we also have solutions like Electrum wallet or Metamask. |
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~snip~
Its name speaks for its intended use, we should only use CEX to exchange, should not and should not be a place for us to trust to deposit our assets on it. In case, you are not a trader but just a pure bitcoin investor, you should stay away from them completely. Only if you are a day or futures trader and you don't have a better option should you use exchanges. But keep in mind that it should only be used for trading purposes and should be withdrawn to your wallet at the end of the day. Never store too much or too long with an exchange wallet. |
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