Early Bitcoin adopters took a great risk in devoting their money and especially time into something that could have failed and disappeared, so it's reasonable that they got such a big reward if they still hold some coins.
Hence why while I'm truly jealous of them(because it's safe to assume that some of them are rich af now), I truly have great respect for them for being monetarily and mentally invested in such a project so early on. Also knowing that there was most probably a lot of crap being thrown at them.
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I don't really blame them to be honest. Bitcoin is simply just a sort of "unconventional" invention that it's going to take a good amount of time for a typical person to get a grasp of it's characteristics, and it would be really easy for a person to presumably conclude that it's a scam or a stupid idea due to how profoundly unusual it is.
Heck, I'd also probably be an instant skeptic if I learned about Bitcoin that early on. Knowing that Bitcoin's network effect that time was literally next to nothing. It's simply easier to understand a certain something when there's just so much articles and content in general already about that certain something; like with Bitcoin right now. From an experimental protocol created by an internet stranger to now whereas there's literally news about Bitcoin everywhere.
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I guess that once the merit system was introduced, lots of users' merit score was set to 1000 by default, I just don't get why. Probably, because they had already a high rank and it would not be good if they suddenly get lower?
If I remember correctly the sort of "reasoning" would be that it would be unfair for the people that have contributed since the early days. Though even the spammers themselves managed to take advantage of it, it's still a fair excuse in my opinion. What's important is that it's already implemented and the succeeding spammers after the merit system implementation would have a really hard time ranking up.
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Unfortunately, these apps do take your data, not only Delta. What we just don't know if they simply just store it, or if they sell it to other companies. If you really want to be private enough, use Microsoft Excel-like programs such as Libre Office and Open Office.
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1. The 20 XRP "wallet activation" thing that you can't withdraw from a wallet is implemented in the XRP protocol itself by Ripple Labs, it's not something that Ledger Labs did. The 20 XRP thing is literally a think with any other XRP non-custodial wallet. https://support.atomicwallet.io/article/43-why-20-xrp-is-an-unspendable-balance2. Ledger Labs, the company itself, doesn't have access to your private keys.
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@jackg and @mk4's reasoning I think is enough to justify that Doge will not make someone a millionaire in the future, just because Elon Musk believes in it, doesn't mean that it will materialize, who knows though, I might be wrong, @jackg might be wrong, @mk4 might be wrong.
Who says Elon actually "believes" in DOGE anyway? Let's not forget that DOGE is literally a meme-coin that has literally been abandoned by the developers for more than a year now; because well, it's literally a cryptocurrency made as a joke. Poor planet money (AKA Global money supply with broad money) is bigger than $100 trillion
If Musk will set Mars as wealthy people planet than $1.2 trillion is more than possible. Even 200x from this is possible.
@OP 1- if Musk will succeed 2- if grand grand son of Musk will set doge as main currency of Mars (most likely he will create his own coin). 3- if your grand grand son wont sell it before because we are not talking about next year or even next 50 years.
I'm actually in awe that you people are defending the possibility of DOGE becoming a main currency of anything lol.
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Sir i installed authy where you can backup your codes.
Authy might not be the best but it's definitely enough and far better than using SMS authentication. Just remember to turn off the "Allow Multi-Device" option on the "Devices" tab of your app to prevent other people from importing your Authy account to their phones.
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Sir if i have 500$ in trading account. HOW much should i took risk in every single trade ?😊
Like what you already said in your main post, 3-5% allocation per trade should be a good starting point especially when you're a beginner. Heck, even if you're already a trading expert, 3-5% is still mostly the better choice because going greedy and going as high as 10%(or higher) per trade can be a recipe for disaster. Sir how many trades should i take at a time...😊
There is no standard number of trades you should take at a time. What's important is that you can actually monitor your trades, and the number will completely depend from person to person. Probably start with a maximum of 3?
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When bitcoin goes up, alts mostly go up higher. When bitcoin goes down, alts almost always dumps harder.
This is commonly happened but some alts sometime have exception with this. I've noticed that when bitcoin is down there are some altcoin retain their position and these projects are highly strong in support. Example of this is egld or elrond project. When btc dumped they still have their price at green mode. Anyway that's only for few ones but you are right majority are being dragged down. Totally. And that's why I chosen my words carefully, using the phrases "mostly" and "almost always" because I totally get that what I said doesn't 100% apply every single time. 😁
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Security mostly is going to depend on the user, not necessarily on the email service provider. Tutanota and ProtonMail are mostly only better than Gmail in terms of privacy. As for your friend using Gmail getting hacked, I'm going to guess that there's a 99% chance that it's your friend's fault, and not Gmail's. As for 2FA, while SMS 2FA is mostly better than no 2FA at all, it's far better to go with using 2FA apps like Google Auth or better yet, Aegis: https://bitcointalk.org/index.php?topic=5192978.60
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When bitcoin goes up, alts mostly go up higher. When bitcoin goes down, alts almost always dumps harder.
The 3-5% capital allocation is recommended simply just so that you can have a chance to make back your money if you ever lose a few trades. In contrast to going all in on one trader, where if you lose that trade you're pretty much done.
As for recommendations, look around the forum mate. There are so much trading advice threads posted that I pretty much see redundant threads every few days.
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Everything that makes little sense aside: - 1 DOGE is currently priced at around $0.028
- 100 DOGE is currently around $2.8
- DOGE's marketcap is currently at around $3.582 billion
- For 100 DOGE to reach at least $1M, it needs an increase of around 35,714,000%
- If 100 DOGE reaches a value of $1M, the total marketcap would then be 1.280 trillion; which is like 5000% higher than bitcoin's current marketcap
Yea, no.
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Always had those thoughts in my first year with bitcoin. And almost like 90% of the time? Selling ended up being a really BAD decision because I could've had more money if only I waited longer. Hence why today, I sell bitcoin ONLY when really really necessary; pretty much only when I'm in dire need of money.
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It mostly is in my opinion. Whenever certain altcoins die or crash in price to the ground, it just simply gives more legitimacy to Bitcoin and it gives more emphasis that Bitcoin is what mostly matters. I think a lot of people who "invested" heavily into altcoins in 2017 and didn't manage to sell at the peak learned that heavy lesson.
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I remember for awhile there was some effort being put into a decentralized mail system, an Uber DApp should be a thing.
I wouldn't be surprised if there was already such an attempt, but ended up failing altogether because people realized that something being "decentralized" with them having a certain token solely for that purpose isn't all rainbows and unicorns.
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It's just going to depend on which asset(USD or BTC) you want to increase your holdings in. For traders that just simply want to earn USD at the end of the day, then looking at everything through USDT would make sense. On the other hand, for people like me that just trades other cryptocurrencies just to increase my BTC stack(and not focus on USD value), then looking at the BTC trading pairs would make more sense.
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Wouldn't a stop loss order, technically, achieve the same thing, like @GreatArkansas said? Yes, they were created for different reasons but don't they do the same thing? What would be the downside of using a stop loss for what I'm asking instead of a sell order? Also, could you recommend trading platforms that are the safest and most user friendly. I know there are tons, but which are the top ones?
And finally, you guys use the term your order "fills", does that mean that there is a possibility that only some of the bitcoin would be sold and the rest not? So for example if I set a sell or stop order for 1 btc, could only 0.1 btc from it be sold automatically and then I'd have 0.9 btc left?
A typical limit sell order is going to sell your assets at the specified price or better. If the price is at 35k and you set a limit sell order at 32k, since 35k is a “better” price then it would be sold at that price. As for the fills, then possibly yes. It’s possible for you to have a 1 btc sell offer at 32k and only .5 would be bought before the price bounces back up to 33k or higher.
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Nope. What you need is just a typical sell order. If you wanted to sell it at $35k, simply just set a sell offer for $35k and your bitcoin will automatically be sold if it's the case that bitcoin reached that price.
Stop loss orders are more for controlling risk. Let's say that the price is $35k, and if bitcoin drops to $32k you want your bitcoin to automatically be sold because of the fear that it might drop lower. That's when it makes sense to use a stop loss order; hence the name "stop loss", to hopefully stop potentially losses.
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This is really a major break through, if crypto is adapted into sports quickly , I think that the next FIFA world cup winner prize would be paid in crypto.
Oh trust me bitcoin is quite big with sports. A lot of people(including me) has used bitcoin to gamble with sports/esports since like 2016 or earlier. Bitcoin is actually the best currency to use for gambling in general due to banks and typical payment processors like PayPal mostly having a negative stance towards it.
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Possible na ma lock ang accounts natin sa local exchange kung meron tayong ma break na regulation.
What's worse, hindi necessarily na may ma-break tayo na rules/regulations para i-lock ung account natin. Kahit kung hinala lang nila na may naka-transact tayo na mejo "controversial🚬🌿", kahit wala naman talagang illegal na naganap, maaaring i-lock parin account natin. Dami kong ganitong nababasang complaints sa mga Coinbase users sa Reddit.
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