Could you elaborate on that? What exactly is create or update? How do I know if I'm doing that?
OmegaStarScream meant that you shouldn't be giving Blockfolio(or any other tracker) the permission to create or update your exchange orders through the API. You should be giving it ONLY viewing privileges. How do I know my address is read only?
You should be able to select the permissions on the exchange you're using. Here's a sample, on Binance: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FaYbufe5.png&t=663&c=6atX3dtjkG2K1A)
|
|
|
No wallet is omnipotent, so choose the Bitcoin wallet that suits you best. Centralized Bitcoin Wallet: - It is easy to understand for novices.
- Collection and payment are convenient and fast, and transactions, loans, etc. can be made.
- The mobile phone can directly access the wallet.
Decentralized wallet: - The safest storage of cryptocurrencies such as Bitcoin.
- The backup is convenient and not easy to be attacked by hackers.
- Set up is relatively easy.
So no matter what kind of needs, you can choose whether you want to be safe or convenient, but I have both downloaded and used at the same time. When showing the pros and cons of both kinds of wallets, I think it's absolutely necessary to put heavy emphasis on the importance of decentralizednon-custodial wallets. - Far more secure assuming you know how to secure your backups (preferably use a hardware wallet)
- Centralized entities cant lock you out of your money (compared to custodial wallets/exchanges like Coinbase)
- Transact freely anytime with zero downtime
- No AML/KYC
|
|
|
6. In the context of the poor dude(Sandeep Jadeja): With bitcoin or crypto or any investment in general, never make decisions based on the decisions of a social media personality or "influencer". Always do your own research and make your decisions yourself. This is also one of the reasons why I really don't recommend those copy-trading exchange features. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FdmtGT9K.png&t=663&c=4kXgx4tJibXs6A)
|
|
|
The Bitcointalk "environment" is pretty much just like the "environment" of any other legacy online forum out there in terms of rules and how it works in general(think gaming forums in the early 2010s era), just a bit stricter when it comes to plagiarism(because of the freakishly high amounts of spammers).
|
|
|
Most cryptocurrency projects are simply just so shady that it would be so difficult to judge which ones are scams and which ones are not. The only way to prevent scams with high effectiveness is for Theymos to ask the campaigns to do extensive KYC, which I'm pretty sure he doesn't want to do simply because it goes against the cryptocurrency ethos.
|
|
|
Mid-long term trader/investor here. 4 consecutive bad picks would probably be where I start to doubt myself but would probably think that it's just "bad luck", and 5-6 consecutive bad picks would probably be where I start to deeply re-think my lifeinvesting strategies.
^Thankfully the last time I've had that bad of a track record was in 2017-2018.
|
|
|
Pretty much every single Bitcoin wallet is free, besides hardware wallets of course. (which you should be using) But anyway, personal pick is BlueWallet[1] for the newbies, and WasabiWallet[2] for the slightly more "advanced" Bitcoiners.
[1] https://bluewallet.io/[2] https://wasabiwallet.io/
|
|
|
I don't think copy trading is a good place to start with trading, especially if you're new.
Someone making good returns really often are likely going to get stopped - especially if they're using leverage. I'd advise you either learn how to trade or just invest in an etf and bitcoin (maybe 95% stock etf : 5% bitcoin).
I don't have any experience doing copy trading though and I know etoro has people who have been able to turn positive for 7 years plus - but so have a lot of Index funds so...
Yea.. this. If I were to "copy" someone, I'd just invest in an index fund that's a lot highly more likely to end up being a good investment, than risk it on a dude with only 2-3 years of recorded trades. eToro seems to be the more "reputable" platform though, but I only recommend eToro for it's virtual portfolio feature, not necessarily the copy-trading.
|
|
|
News isn't always the reason why a coin pumps. It could simply just be caused by a huge buy order by someone. And knowing that a lot of altcoins that get huge green candles have really low liquidity, it wouldn't even require a whale to have a 10% increase.
|
|
|
Laundering money and continuing drug activity while in prison isn't anything new though, and is definitely not exclusive to Bitcoin. Drug kingpins have done this since forever; and it's not like the drug dealer has a computer in prison to do the laundering.
|
|
|
Your wallet's private keys are only stored on the Ledger Nano S itself, because that's the main point of having hardware wallets — your private keys being stored securely on the hardware device.
Of course, this is assuming that you only wrote down the 12-24 word backup on a piece of paper(or etched on a metal sheet), and NOT store it digitally by taking a photo, or typing it in on a .txt file or something similar.
|
|
|
They're trying to hype bitcoin, it's the fault of those ultra fanatics.of bitcoin that exaggerated it's uses and it's purpose to the point that it become the truth/norm for the many. And those Twitter people are all shills, they have somethinng to gain when the price goes up so they use the platform of Twitter to shill for bitcoin.
I'm not arguing with them hyping Bitcoin(because they definitely could be), but using Bitcoin in this case makes total sense to me. As for the "shilling because they have something to gain" argument, I have mixed feelings. How do you differentiate someone that's just really genuinely bullish on Bitcoin, from someone that's just here for financial gain?
|
|
|
I slightly dislike(I know, I can be petty) those Twitter people who seems to think that Bitcoin is the answer to literally whatever news-trending problem there is. But "wasted" renewable energy is one good use-case of Bitcoin mining. They contribute to the network, and at the same time they get value in exchange for the supposedly wasted energy. Win-win!
|
|
|
Then there's the newbies(sometimes even up to full member rank) that likes to spam create guides/tutorials even though it's highly evident that the person is extremely inexperienced/ignorant with the topic he/she is trying to teach. The desperation for merits is just something else.
|
|
|
I think there technically will be increased crime rates because of bitcoin/crypto, albeit a small increase. But then again, even the internet boom created a lot of criminals as well(scammers/identity thieves/propaganda/etc); and the same with any other technology. What matters is that the positives heavily outweighs the negatives.
|
|
|
Let's be honest here mate, a lot of us here wouldn't stick around with Bitcoin in the early stages simply because there's not much information out there early on, and the community was still small. And yes, I'm guessing that even I wouldn't be interested. It's just easier to stick around right now simply because the community is now huge and we got so much beginner content out there.
Not to mention the high chance of us selling after a huge crash. We know right now that bitcoin can bounce back after a crash simply because it has done it a lot of times already. But back then? Who knows if bitcoin would go back up.
|
|
|
Personally, I'd say it's either:
1. The developers 2. The people who educate people about Bitcoin. (e.g. Andreas Antonopoulos or Saifedean Ammous)
Yes, most exchanges put out ads concerning Bitcoin, but there's a huge difference between just advertising bitcoin as an asset and actually teaching people why Bitcoin is needed/important.
|
|
|
Bitcoin's success as a hedge against inflation will really depend on if people see the importance of bitcoin or not. As for other cryptocurrencies, I really don't see them as a threat that could be a reason that Bitcoin wouldn't succeed. Only a small minority knows about Ethereum and other cryptocurrencies in the first place.
|
|
|
If you don't like volatility, then convert it to your local fiat currency, or probably a USD stablecoin if you're planning on using it for trading again in the near future. And yea, no offense, but asking us for the "next big thing" doesn't sound you mastered anything at all.
|
|
|
|