Well, if you are not ready to start taking risk in buying some bunch of shitcoins to stake for daily, weekly , or monthly APYs , then, trading remains your best choice.
I will only advice you try and educate your self more on trading, buy courses that could teach you how to read charts, make a perfect market analysis, know the right sources to depend on for breaking news relating to the market..
And also, you could diversify your trading into forex and crypto, and very importantly again is to have a good trading tools.
Though I myself don't trade all the time, but I have friends who are professional traders, by professional traders, I mean they do nothing else aside from trading, some are with family, and they are making enough money to Carter for themselves and their family, living very comfortably.
This is why I believe you can still make a good living from trading if you are doing every thing right ..
But then, if you are still interested in other means of earning, which is not bad any way..
You can look into ..
- Staking - don't stake on centralized exchanges.
- Liquidity provision on dexs like uniswap, pancakeswap and so on, but be very careful here as well to only put your money in legitimate shitcoins only .
The truth is that hyped shitcoins yield great results if you're lucky enough. They're providing far greater APYs' than the alleged safer coins. The issue with those is that you can suddenly be found without money because they're well-known for being extremely volatile. Personally, I don't know if I'd take such a risk. You could try with smaller amounts, perhaps, but don't expect huge returns from $100. Cyber and SEI, for instance, two newly created coins, were quite decent opportunities. I'd also advise you to stay away from centralized exchanges for staking purposes, not only due to security and privacy reasons but also because they offer lower APYs'. |
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That's interesting; however, are you talking about the extension or the browser version? I would presume that their Privacy Policy applies equally to all their products. Thus, I don't think what you said can be applied to those who are not using their extension, am I right? Everything you type or paste in to their website will absolutely be being stored as described above, and unless you are using a fresh Tor identity each time, then everything you type in will be linked to everything else you type in via cookies or your browser fingerprint. You should try looking for an open source alternative you can download and run locally. I'm afraid I have no experience of such things so can't recommend anything. That's interesting; however, is that really necessary? My point is that my main usage of Quillbot is limited to using it to correct some grammar and punctuation mistakes, mainly on my Bitcointalk posts or when I'm writing a formal email and want to avoid any kind of grammatical mistakes. Now that I'm thinking about it, the latter doesn't sound like a good idea anymore, as such an email might be confidential, and you're practically giving your private information away. I'm not sure, but abandoning those kinds of services or at least using them a little more conservatively might be a good idea until I can find an open-source alternative. |
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Sounds like good advice. But holding bitcoin is not easy. I have been losing money since I bought bitcoin a month ago, I bought it when it was $33,000, then the bitcoin price went down, I bought bitcoin for $29,000, and the price is still going down. I'm confused about what price to buy bitcoin at. Even though I only have a little bitcoin but holding bitcoin is difficult, I hope there's no sudden need so I don't have to sell my bitcoin
None of the two is easy. You're losing money and you're already flipping out because seeing your Bitcoin lose value isn't something easy to swallow, especially if you're new to cryptocurrencies. I believe that all of us at some point couldn't stand seeing our coins lose value. Many senior members of the forum have said this several times before that trading is not for everyone and in order to reduce the risk of losing your funds, you just learn how to hold, not just any coin but bitcoin, in some years to come, you’ll make a lot of profit from the holding. In order to become successful, one need to be patient. Many newbies lack being patient and that is what is making most of them falling for cheap scam projects to make them rich overnight. No one said it is going to be easy but many of them lack that ideology which is what makes them fall for all this scams. This is a nice idea and every newbie who has no knowledge of trading or can’t risk their investment should just go and buy bitcoin and hold for a long time.
Not every type of investment suits everyone. Holding might be best for someone who's not willing to be actively invested in the whole process of constant buying and selling. You need to be able to make tough decisions within short periods of time, and not everyone has the guts to go through that on a daily basis, which is extremely stressful. Holding, on the other hand, doesn't guarantee you a risk-free investment that'll pay off. It's probable but not guaranteed to happen, and if it does, it might take years of not generating any yield. |
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You can't have a low risk factor and a high yield at the same time. I can't think of anything that can suit your needs except staking, which provides you with quite decent opportunities, depending on how much you're willing to risk. Firstly, you could go for stablecoins, either algorithmic or the most known ones such as USDC, TUSD, and so on; these, however, won't yield any significant APY but are generally safe options. On the other hand, algorithmic stablecoins offer much higher yields, but there's always the risk of facing a possible depeg for a variety of reasons, like we saw with UST.
Moreover, you can opt for other pairs, except stablecoins, and achieve higher yields; however, with those, you'll face the risk of losing money due to impermanent loss, which is the possible devaluation of the coins you're staking.
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I used it quite often in the past, but never bothered to read their TOS. I still have their extension installed, but as I mentioned earlier, I use Quillbot to correct any mistakes I make. I've never heard of Quillbot before, but a quick look at their Privacy Policy isn't any better: When you use our Services, we may also collect personal data you provide or otherwise make available to us via our Services. For example, when you use the plagiarism checker, we store a copy of your document, which includes any information contained within. When you use our Paraphraser tool, we will collect any information you paraphrase, including personal data you enter into Paraphraser. When you upload documents to our Services, we will store both a copy of the original document (or the text of the original document) as well as the paraphrased version and any information contained within. When you use our Co-Writer service, we will collect any information, including personal data, you enter into your project(s) within Co-Writer. And alongside that they collect all the usual name, email address, IP address, geolocation, browser fingerprint, and also very concerningly, "Browsing or search history". I guess it's about time the Grammarly extension is permanently removed from my browser. It seems that not everything is as innocent as it looks. Good idea. You should make a habit of only having the minimum number of essential browser extensions installed, such as uBlock Origin and HTTPS Everywhere. Every unnecessary extension presents a new attack surface and makes your fingerprint more unique. That's interesting; however, are you talking about the extension or the browser version? Because it sounds way too farfetched and doesn't make too much sense. I was considering upgrading to their premium membership, but I'm having second thoughts. I'm only using their website and haven't installed their extension, as I'm trying to avoid more unnecessary ones that slow down the browser even more. Thus, I don't think what you said can be applied to those who are not using their extension, am I right? At least, they cannot obtain as much information as their privacy policy claims. I'm starting to think that every website or extension is a possible threat to your security and privacy. I've become a little paranoid after suffering from a fake Google Sheets extension. |
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The Cambridge book and Thomas BJ are not free you can find them on Amazon.
I know Quilbot and tried that thing but it edited my posts and it's flagged as AI-generated text when checked it to CopyLeaks AI checker.
I'm fine using Grammarly I just only use it for auto capital, auto-correct wrong spelling, punctuation, and synonyms.
Maybe the absence of mistakes and a near perfect grammar and punctuation show up as a red flag to some AI detectors. I can't think of anything else. Their Privacy Policy: https://www.grammarly.com/privacy-policy#sectionSingleColumn_51qLjMIKnP2BOgokskyVEEThey collect "Account information" including your name and email, "Device information" including your IP address, location, and browser fingerprint, and "User content" including "all the text you enter". So yes, Grammarly is a keylogger, not just logging everything that you type, but linking it all to your real identity. If you do a quick web search, you'll find that lots of large tech companies and government departments have Grammarly and other such software blacklisted from all their devices. This should tell you everything you need to know. I used it quite often in the past, but never bothered to read their TOS. I still have their extension installed, but as I mentioned earlier, I use Quillbot to correct any mistakes I make. I guess it's about time the Grammarly extension is permanently removed from my browser. It seems that not everything is as innocent as it looks. |
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Hmm, possibly one of the reasons it went downhill. All exchanges charge withdrawal fees, and yes, in some cases, withdrawing Bitcoin may be costly, but there are ways to minimize the fees by converting to another currency, such as LTC, but yes, they may be extravagant, especially if the network is congested. Fees are probably the main source of income for an exchange; it'd be a red flag if an exchange had significantly low or zero fees. Binance, for instance, has pretty low fees, especially compared to other exchanges I've used, such as Bitstamp and Coinbase, but also offers a great deal of investment products; it's not an ordinary exchange.
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- As much as possible, apart from Bitcoin, the matic, Bnb, Ada, Sol, Shibdao, and Shib, and even Pepe Coin, I will hold it because, according to my observation, it follows the steps of Bitcoin's movement. Its volume cannot be said to be small because it is still large, although it has decreased compared to before.
I was surprised to see Pepe coins in your list of coins to hold. Well, for me, I don't do that because for several years that I've been here in the crypto space, I'd never see any meme coins rallied out during Bull season. It was too risky to do it mate but of course, it was your view and project insights which literally we all have different likes and criteria. Well, I won't say it was not good but must be careful about this project because it was only a few projects that rise after their hype as most of them dump. I also bought some a month or two ago, but I believe that PEPE is now a lost cause. It was hyped when it was listed and then quickly died down. I still have a small amount, but I'm not expecting anything positive to come out of it. I was extremely confident about the newly launched CyberConnect, but the recent rally of over 140% and its crash after a few minutes concerned me. I read that it was caused due to a massive purchase from a large corporation, which in the long term may pay off. SEI, another new coin, also seems like a decent option, which I'm planning to hold. Generally, I avoid altcoins, except BNB and those two I mentioned earlier that were farmed through Binance's launchpad. |
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Possibly that's the reason why you've been hacked any 3rd party keyboard has some sort of cloud database that records your keystroke. I'm always using the default keyboard than using like Swiftlkey or Grammarly because they record my clipboard and keystroke. However, sometimes I use Grammarly but switch it back to the default keyboard when typing a password.
Please, don't use Grammarly if you want to remain anonymous online under different names on different platforms. They record every sentence that you type, then analyze your writing ability, your writing style, manner, etc. In order to improve your writing ability and expand your vocabulary, I suggest you to use Cambridge books, personally I love them and Thomas BJ has great books for vocabulary and idioms. I was also using the Grammarly extension in the past but have now switched to Quillbot's platform, which, in my opinion, is far better. However, do you have a source for your statement? It sounds too far-fetched that it's gathering your data and possibly abusing it. I'm sorry for the OP's loss; fortunately, it wasn't an extravagant amount; it could have been a lot worse. Is it actually possible that the Swift keyboard application leaked his seed phrase? That would stink big time, but at least you have something to suspect. I also got scammed by malware approximately a year ago, and I have nothing to hold accountable for its installation, which in my opinion is a lot worse. |
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Binance is one of the most popular crypto exchange, considering various aspects you might want to use any other decentralized exchange but many people like you will not think so. Why is KYC verified a hassle for you? Account KYC needs to be verified in Binance Exchange only by thinking about the security of the account. If you do any kind of fraud from your account then I think there is no problem even if your account is KYC verified. Majority of users prefer the Binance exchange because of the security of their account and practical convenience.
It is the most popular exchange and the one with the largest number of transactions and market cap. Although I fully support the use of decentralized exchanges for those who want to preserve their anonymity, I find them quite a hassle compared to centralized exchanges. Apart from the KYC process, which on Binance is pretty quick, I don't find any significant disadvantages. They're convenient, have low fees, and offer great services overall, such as staking or farming new coins. Don't get me wrong; I fully support the decentralization movement and have used them multiple times in the past, but so far, I don't see any significant advantages over centralized ones. |
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I can't say I prefer one or another. It's like day and night, they can't exist without each other. You need a bear market for accumulating, and a bull market for taking profits. Both are good.
That's how I also see it; both are required in a healthy market. On the one hand, the bear market is an interesting approach to accumulating Bitcoin; the repetitive payments from signature campaigns or from DCAing are now providing you with a larger amount of Bitcoin, which is quite intriguing if you ask me, because the accumulation process is much faster that way. A few months ago, when Bitcoin was valued below $20,000, I was receiving over 0.003 BTC per week, which significantly sped up the process of achieving my accumulation goals. During a bull market, on the other hand, you're confronted with seeing your money gain value, which is a quite pleasant emotion but slows down the accumulation process. Personally, I'm focusing on acquiring as much as possible until the end of 2023; thus, the current bear market is ideal for myself. The way I see it, the bear market promotes growth for the distant future, and if you're patient enough, it'll pay off tremendously. |
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I'm sorry to disappoint you, but it's not going to happen. The internet is full of out-of-place predictions that don't make any sense. I believe that we should be thankful if Bitcoin reaches $100,000 in the upcoming years. You don't need hope; you need to start making changes in your life to accommodate better saving and investment habits. You haven't mentioned how much you're investing or how often; you're mentioning every month or two, but it's not going to be enough, even if you're planning on long-term holding, since the accumulated amount will be too minor to make any significant differences.
Try gaining more knowledge about Bitcoin, and if you're good enough, create constructive content to join a signature campaign, which would create a second weekly flow of income. Don't stay hoping money comes out of the sky; do something about it.
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Just one bitcoin
Bitcoin is the most profitable crypto to all investors. Bitcoin is the first digital asset to hit the crypto market. In fact it was more profitable for its early investors.
Bitcoin is not only the most profitable coin because Altcoins are able to offer higher and faster profits than Bitcoin. But in this case there is a very high risk, compared to which investing in Bitcoin is much safer. By investing in Bitcoin a person is not able to make huge profits from it very quickly but investing in Altcoins can make high profits. But on the other hand many times Altcoins are found to be scams in which case an investor can lose all his investment I don't really think it's worth comparing Bitcoin's profitability with altcoins; it's not a direct comparison because there are numerous altcoins in circulation. You need to be more specific to evaluate your options. Bitcoin is generally seen as a more trustworthy option; however, I believe that nowadays, multiplying your investment with Bitcoin isn't as profitable as it used to be. In 2017, for instance, its value rapidly skyrocketed and surpassed $20.000 all in a few days. Similarly, after it crashed towards the end of 2017 and recovered in 2020, it basically quadrupled in value within a short time period. For instance, my DCA is approximately $28.000; in order to double my investment, it'll have to surpass $56.000, which isn't going to happen anytime soon as the bear market has been quite extensive and the conditions aren't in favor of investment and cryptocurrencies. On the other hand, altcoins are much more capable of achieving higher yields within short periods of time. CyberConnect, the newly listed coin on Binance, tripled in price in less than a week during the bear market, when everything was going downhill. |
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Memecoins and shitcoins are just headache and reason of huge losses in long time.
This is true but some of them might be gems like what happened with shiba inu and pepe coin, many people gained a lot of profit. Though some didn't, it's simply because they sold it too early and I personally know someone who did and regret it. I don't usually invest into memecoin and shitcoins, since I mainly focus on investing my money in good altcoin like ethereum, and binance coin. I always invest in those good altcoins cause it has lower risk unlike investing in memecoins and shitcoins where it has more tendency to rug. But of course, just like what you've said, if you want assurance and are looking for a long-term investment, obviously Bitcoin and Ethereum are one of the top choices for that. Both coins you mentioned are still meme coins, although some people managed to take advantage of the hype, which created a great earning opportunity. Certainly, Bitcoin, Ethereum, and BNB, along with a few other altcoins, are better for long-term investment, but altcoins create gaps that you can take advantage of. For instance, the newly listed coin on Binance, CyberConnect, provided the ability to farm it for 30 days with a decent APY ranging between 15% and 20%. Yesterday, it was on a massive rally, achieving an over 80% increase in value, while throughout the week its price had already doubled. This was a great earning opportunity for any traders who managed to sell at its peak. Personally, I sold at $16.10, and it crashed shortly after. I didn't have a lot of coins, but just like that, I managed to significantly multiply a few dollars worth of coins. |
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Thank you for sharing; I had completely missed it. It is kind of surprising and something I wouldn't expect to happen. Even though BUSD has been created by Paxos and not Binance themselves directly, I believe that it'll impact Binance and especially BNB, as everyone affiliated BUSD with the exchange. Personally, it was one of my first, if not the first, options when choosing a pair to stake stablecoins or any other coin because, at least to me, it seemed like a safer option than TUSD or USDT, but I might be wrong about that.
Certainly, to begin with, there are already too many stablecoins in circulation, but it was a little different with BUSD due to its correlation with the Binance exchange; it just felt safer to me, as I found it unlikely for Binance to face any major difficulty that would disrupt its ecosystem. It seems that the SEC incident is starting to cost, while I also read a couple of days ago that Mastercard is stopping its affiliation with Binance for the issuance of new cards. I wouldn't be surprised if these incidents also affect BNB.
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John McAfee was suprised that it wasn't at 1 million when he was still breathing, he is turning in his grave right now! 1 million dollars per coin is in Bitcoins future I assure you son.
Yes, he's the one who had first telling about Bitcoin going for a million but suddenly those words do make out some u-turn. John McAfee Takes a U-Turn from His $1M BTC Price Predictionhttps://www.financemagnates.com/cryptocurrency/news/john-mcafee-takes-a-u-turn-from-his-1m-btc-price-prediction/Then next Coinbase Former CTO Bets $2M on Bitcoin to Reach $1M in 90 Dayshttps://beincrypto.com/coinbase-former-cto-bets-2m-btc-to-reach-1m/These fellas had been talking about short term period which we know that its never been realistic in the sense. For future possible event then we cant really be able to tell if it would be able to hit or not. If the enture population on this whole globe would be recognizing its existence and become mainstream then we might be seeing those numbers but im not really that hoping or believing that much. Not only is it not realistic for such a short time period, but I'd even go ahead and mention that it's not realistic for Bitcoin to ever reach such an extravagant value. Okay, let's suppose that the economy crashes today. I don't understand how they came to such a conclusion, especially during a market crash. How are they justifying such a massive increase in value, and how will the price progress since the article mentions that it won't suddenly happen (no shit like it's possible to wake up one day and Bitcoin is worth one million dollars instead of $50.000)? I'm even starting to doubt $100.000 at this point because the market has been so stale for the past few months that I wouldn't expect it to happen within the next two years that I was initially projecting. |
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I am not talking about people in United States or European countries that are spending Euro, or UK or countries like Kuwait, South Korea or Japan that their currency are not inflationary like the local currencies in countries in Africa, South America, Asia or some countries like Turkey. The people in countries that have high inflation rate prefer to save foreign currencies like United States dollar. Stable coin was created and most people from these high inflation countries prefer to save stable coins. If you have your money in banks, you do jot have the complete control. If you save stable coins, most of them are centralized and you do not have complete control and they can fall out of peg and be lesser than the money they are pegged with they become. Example of the pegged coin was Terra Classic USD (UST) which was $1 before but now $0.01186444If bitcoin price have increased, I can decide to convert some to USD or stable coin. Which one is better? Or is there other alternative which can be comparable with bitcoin in a way it would be independent and having full control characteristic. Depends on your goal. I'd certainly going to choose to keep my money in Bitcoin. I know it better than the other examples and even in stable coins. But there are some people that still won't change their minds because keeping in foreign currencies is what they know as the better choice. As I've mentioned depending on my goal, since I am long term then I'll just take the risk of putting it on bitcoin and just as you've said. I can just go back to these currencies after making a profit. Unlike going the opposite, upon conversion to Bitcoin, you probably are going to buy it more expensive then. Certainly, Bitcoin would be the wisest choice, but that's not the question here. Personally, I have a certain amount in stablecoins, and even though they're not deemed 100% safe, I prefer having them in a decentralized wallet to having money in the bank, where only they depreciate in value. At least, stablecoins can be staked for an average of 8% to 10%. I will disagree with how much control you may have over stablecoins, though, as there have been quite a few incidents with them crashing and facing issues, especially if they're algorithmic ones. USDT, on the other hand, is said to have the ability to even freeze your funds. On top of that, you cannot use them, withdraw them, or spend them on physical items at any possible moment. Generally, though, the main reason I'd prefer stablecoins over any fiat currency is staking. |
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As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht), FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
Why did you exclude BNB? Like other currencies, it is centralized, controllable, and depends mainly on Binance. In short, by purchasing BNB, you trust the future of Binance. If you expect that they will continue to make themselves the number one platform, the price will rise, otherwise the price may quickly reach zero because it is completely centralized. It is like trusting the local currencies of a developing country, and perhaps investing in BNB is more risky than that. If I were you, I would invest in new CEXs tokens that can grow quickly, the ones that are trying to make their way between the ranking of top crypto exchange if they succeed in that, the price will rise like crazy, and if they fail, I will not invest more than 5%. The FTX incident is enough if you take into account how much money investors lost due to their token, FTT. Generally, BNB and Crypto.com's coins look promising, and BNB even has its own network. I've seen a lot of comments focusing on the centralized nature of these coins and a possible attack against Binance, which I find highly unlikely to crash the whole exchange and its coin, to the point we see another FTX incident. Although attacks have occurred in the past, they only had short-term effects on the exchange. Now, to return to the centralized nature I mentioned earlier, the OP also mentioned decentralized platforms, which, in my opinion, may be more prone to hacks and exploits due to potential errors in their code. Beefy's coin, for instance, BIFI, which had lost a lot of ground and support in the past few years, has plummeted in price compared to 2021 or even 2022. The general rule is that when you invest in such a coin, you're supporting and trusting their platform. |
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Yes this is right choice and all big scam buster (Lovemyfamilis, Nutildah and light_warrior) could easily expose but problem is that without strong evidence no one can be mark alt of this Jamyr.
At least one alt this jamyr has. I think that's pretty strong evidence that these two accounts are connected. jamyrpiso456ProofSo now I found out that staking an address here, is one of the important things member should do.
3KspKgdjq8wqH2ia173EhboRHugk436gjK
The above address is my main address, it is a coins.ph wallet.
1JAMYRoaPiqK4PStwMpKyWH3S5x6DvHRM
This other address is a blockchain.info address.
[ Archive ] Address:
1JAMYRoaPiqK4PStwMpKyWH3S5x6DvHRM
---Message:
This is jamyr, I have locked myself out of bitcointalk. Please help me unlock it.
end Message---
---signature:
G7RhyE1X3c6x/tJGB+gSWBl+tlst+jrDKpBCjuh6SGmNNV5IwV4f4KzE+UaSJJ4zuTZQg3TqGalj2uorKIJcEfc=
end signature----
[ Archive ] The account does belong to user Jamyr; however, in the thread you quoted, I'm understanding that he's trying to recover his account, which for some reason he has lost access to. Moreover, this alt account hasn't been used since November 2022, but it seems that the two accounts were used simultaneously at some point. It's intriguing that the alt account was created two months after the account named "Jamyr", so I wouldn't rule out the possibility of him purchasing the account after some time. However, there's no evidence to back up such a statement. |
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And stable coins are worse in the sense that at least fiat currencies can still survive someway or another as a government is backing them, but if the company behind USDT collapses then the value of the stable coin will go to zero.
We all saw what happened to the TUSD, the damage it did to the crypto space when it depeged from the US dollar, a lot of investors lost their life-saving just in a matter of minutes as a result of that event and coming to USDT, the same thing could happen to USDT no matter the amount of money used in backing it up and the team behind the project, all we pray is for such thing not to occur again in the history of concurrency. Do you mean UST? Because TUSD also depegged, that's true, but it didn't have any long-term effects on the market, as it quickly rebounced and recovered within a few days. The truth is that no stablecoin can practically be trusted 100%, as USDT is said to be backed by actual dollar reserves. It has depegged in the past, but it wasn't too major, as it always quickly returned to normal. Would it be possible to completely lose the 1:1 peg and go as low as $0.40? I'm not sure, but if something like this were to happen, it would cause chaos in the cryptocurrency market due to the extravagant market cap, and investors would be switching to other stablecoins, with the possibility of unstabilizing them too. |
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