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Those miners will die fast, there is no filters and they are opened to that type of weather, what happens when the wind blows? Cool air? Bust way more dusty, no this is not whey I expected to see, I was expecting something more advanced, get a better cooling system in a safer environment, not out in the open, Asic miners are not built to face any form of humidity, they will die in no time, good luck.
Air filters, Dust free environment, good power and you are good to keep your mining operation alive, not this.
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Advisable? NO, but it's worth trying out yourself, with one or two wrong calls you will know that the group is messed up, trading groups are of different types and it's easier to know which one is more accurate than others, I like learning things myself instead of waiting for signal calls but make sure that you lock every PM from strangers first in your telegram account settings, because there are many scammers on such groups, they will start trying to make a victim out of you, do not reply anyone unless you know who they really are, there is no way anyone can help you online without taking something back.
I have had countless encounter with scammers from Telegram groups and even from big Telegram groups that being to crypto giants like official Huobi and Binance telegram group, the scammers are always there, waiting for a newbie that doesn't have a lot idea about Telegram app and scams.
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I cannot understand why people continue to depend on friends to do certain things when there is a lot of information on the internet and even on YouTube there is a lot of information that people can find out about bitcoin, I think that or I would say that the problem is probably in the fact that bitcoin no longer makes a profit of 3x or more, that's why many people who want to earn a lot of profit soon prefer to invest in some meaningless altcoin thinking that they will be able to profit a lot and when they lose a lot they move away from the cryptocurrency market
OP question, and if you are now aware that your profit in case you buy bitcoin now and do hodl for a long time, at most it can give you a profit of 2x or 3x if you are lucky, it will be very difficult to see the price reach levels as high as $90,000 to make a 3x profit for everyone who buys today, so you need to have that notion and not be greedy, if you have this information and accept it, then you will be making a safer investment than if you had put money in some altcoin, but you also have to be aware that it can take more than 1 year to profit from bitcoin, when the person is aware of all that then the person is prepared very well psychologically
I have invested in both Bitcoin and Altcoins but I prefer to be in altcoins more, why? It is possible to lose money in altcoins ninety nine percent of the time, but it cannot be the same as your way, what works for you might not work for me. There is no doubt that this bear market alone has helped me make over ten times more money in two different altcoins, and using the profits from these altcoins, I have been able to purchase Bitcoin once again, and I really enjoy doing this. My goal is to get as many Bitcoins as I can, faster than I would be able to do by trading futures, which I also enjoy doing, but I lose a lot more money with trading futures than I would with altcoin investments. This still doesn't mean that I am into altcoins than Bitcoin but they give me more Bitcoin and on the long term they give me more money too, I stand by both and it works better for me. |
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I have to say that there are still a lot of things I don't quite understand, although I try to read as much as I can.
For example, I don't understand what happens when an address is banned or blacklisted. Can't you move btc? Can't you do anything with satoshis on that address?
Thank you
SHORT ANSWER NO ONE CAN BAN ANY BITCOIN ADDRESS maybe you are confusing it with tokens ? or some other blockchain ? That's not what he meant, ban address is an address that's been tagged as criminals or hackers address and many are tracking the address and once any other address share from the tagged address they will seize your fund once you try to sell on any centralized exchange, this is how many hackers are left with tagged BTC address and even if they move the fund, any next address that receives from the hackers address will also be tagged. To cut the story short, Meaning you end up with useless Bitcoin. |
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All I know is before 2021/bull market some people have been calling 1milliion doallrs Bitcoin at the time, you just have to choose, are you a Bitcoin realist or a Bitcoin investor who get controlled by predictions? Choose a side.
Are you going to stay realistic or you are going to keep dreaming about something that's not possible for the next 10 years? I said this because it's the fact, we haven't found a base on 100k BTC and we have 200k, 300k but some are calling a million, bravo, well done.
I don't think Bitcoin will go over 120k in 2024 or whenever the next bull market comes, you will fail yourself if your target is too high.
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Sorry guys, even hardware wallets need some updates from now and then, haven't you heard about glitches in updates? That scares me the most because I have seen new crypto wallet companies go wrong because of this, it was the same mistake that happened with Binanace Trust wallet plugin on PC, lucky they pay all those affected back, if it was a new one that's the end.
Somehow I still prefer the old version way of storing Bitcoin, creating offline wallet or using the old Bitcoin wallet like Electrum gives me better feelings than all these new hardware wallet companies.
Electrum wallet over everything else, my asset my choice.
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The part where you said that save to mini sd card got me worried for you, this isn't how air-gapped crypto wallets works, if anything happens to the sd card it's over for you.
Anyways I don't know much about ColdCard but I do know more about Keystone, since someone else verified that ColdCard is a good one then it's no problem, just make sure that no problem comes from your side.
Don't empty your mind about wallet enhancement and keep doing more research on how to keep your wallet safe offline, there is no too much knowledge of anything, knowledge is endless.
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Bitcoin as a medium of exchange makes it on par as digital currency and if you think it's wrong as an investment think about the halving and also the miners, you will understand that Bitcoin is designed to create value for itself with time, the lower it's number the more scarcity is introduce and normally the value will keeps growing, it's simple, I accept Bitcoin as 3 in 1 capable digital currency.
1. Store of value
2. Medium of exchange.
3. Decentralized.
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Congratulations, you want to invest in Bitcoin without keeping money in the bank. If you invest long-term in Bitcoin now, you can get very rich from here. Investing in Bitcoin without keeping money in the bank will be the best decision of your life. Bitcoin is the best for investment. Nowadays many people are losing trust in banks. Because currently many banks are going bankrupt. But there is no possibility of Bitcoin going bankrupt. So many people are now investing in Bitcoin. The value of Bitcoin will increase significantly in 2025. In 2025 the value of Bitcoin will rise to around 100k. So instead of keeping your money in the bank, invest in Bitcoin now. You can achieve great success in this.
How many banks have really go out of business because of bankruptcy in your country? And where are you from I will like to know because this claim feels like a false to me, since I was born I have only know 1 bank that closed down and that's like 1 out of 12 banks that are functioning perfectly for years now. My parents kept all their money in the banks and they are older now, till this day not a single bank when bankruptcy on their watch, why are people talking about bankruptcy like it's something that happens every now and then? Instead of advancing this person to invest what they can afford to lose in Bitcoin because of the risk you are praising him for investing all the money he keep In Bank into Bitcoin, that's a very wrong way to invest in anything, I still keep money in the banks for many other reasons, I need Fiat to make transfer to buy things I can use, I will like to know what he use when he needs to buy something for himself or his family. |
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I read this post and I just start laughing, I have history with tokens and I can show hou screenshot of over 25 different tokens in my wallet from 2018 that are all dead today, they don't have any value or they are already abandoned.
Most tokens that are already worthless will never pump anymore, even the most popular altcoins might not reach their old all time high again, we have seen this happened over and over again.
Money will move from those old projects into new promising projects, I am just trying to help, if you are into altcoins you should look into new narratives in the space, Aptos, Sui, Arbitrum, Aleph Zero and many more will do very well in next bull season, Focus on such fundamental instead.
Airdrops can make you lose your crypto assets, make sure you use a separate wallet for airdrops if you have an interest in them, download metamask and use only for airdrops, do not store valuable asset on the wallet.
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The funny part is, you can introduce and teach your friend everything about Bitcoin and he or she won't be able to keep up, they might expect things to be smooth with Bitcoin, believe me, those who doubt easily are not so disciplined.
Once they find out that you need to keep nursing your crypto portfolio and it's going to take few years to at least get better profits off your investment they will run and hail you that you are a strange being, it has happened to me not once, most people that end up forcing me to teach them about Bitcojn are not serious about Bitcoin even after I thought them all the need to know.
This days don't be surprised that many people are looking for the easiest way of making money and Bitcoin does not grant wishes in a week or two.
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This is very realistic price and master kiyosaki have my respect on this, other big men in this crypto world are splitting out nonsense price per Bitcoin in 2024 - 2025, and I believe that it's possible they are doing it intentionally, so that even if Bitcoin is at 120k many will continue to buy, targeting 500k per BTC or 1 million dollars per BTC.
If you are wise and you lack how Bitcoin chart works, start taking profit at 80k, I don't believe that Bitcoin will do extremely well over 100k, it's just my prediction I could be wrong, but this is indeed the plan I have and 80k is where I will start taking profits.
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There is no need for you to learn gambling, it's not a must do or die way to make money and it's one of the fastest way of turning into rag from riches, if you have no safe gambling strategy, I mean the amount you plan to use to gamble from time to time you will end up living a miserable live because of gambling, if you've never tasted what gambling feels like I will like to tell you not to try it at all, instead, invest your money on crypto projects, even altcoins are better gambling way of making money than online casinos.
There is nothing to learn about gambling, you need to click on the button to roll some numbers and wait for your result, if luck is on your side you can win some money and if you are out of luck your money is gone, this is much everything about casinos.
There are sports bets too and they are a bit better than most popular casino 🎰 games, still you need to be a football fan who have all the time to know and understand which club is performing the best and which is not.
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Are you trying to buy Bitcoin so that you can trade? You don't even know how to buy, how can you know how to trade? As a newbie in this crypto space, investment takes time and trading is even more harder, I will like if you can take things very slow and start doing your own research first, Bitcoin is the safest and the most popular, followed by Ethereum, do not invest in meme coins or shit altcoins, learn about the differences of crypto wallets and how to keep your digital coins safe, there is a lot to learn, do not rush.
Do you know that you are vulnerable right now?
Do not use a dex that's not popular, the best one is BISQ.
Do not reply to Pms from.anyone on this forum, they are scammers, if anyone want to teach you anything they should come public.
STAY SAFE
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[1] There is money everywhere The mentality is that there's money everywhere but not everyone is having that money to earn a living, we need to work for it to earn it, money is gotten in exchange for the quality delivery in what we offer to others through our service, some are only hearing about money but don't have it because they never understand the means to get it. [3] Spend to earn We must be very careful in what we spend our money on, there are liabilities and there are assets, we shouldn't waste our money on things that will not be profitable to us or our business, money spent must be able to earn more of it's kind in multiplication and we must be able to give an account on what we spend them on. [5] Your Money is Unlimited Our ability to make money is unlimited but we can have a limited amount of money depending on the way we see it, how versatile we appear means how fast we could see opportunities in making money fast and continuously, making money is not a one way direction or pattern, it's a continuous process we must be used to. [6] You don't have money forever You can have money forever only if you have the required potentials to maintain the little one you had, increase and multiply on it, this will stand base on the level and value of what you have invested on, the time factor and every other opportunities that comes in which you utilize. Too much of everything is not good on the long run, we must not forget that we are humans, do what you love and stay happy but yes they're times time everything, but don't forget to live your life, if all you are going to spend your money on are things that gives you money back you will lack happiness in the end. Too much of seriousness will make you a dull person, going for holidays and relaxation won't give you money back but it will put you in a happy mood, because you needed it all along, like I've said too much of everything is bad. I stay in between everything I do, there is time for work and their is time for relaxation and enjoyment, I got no time on earth, it's not my home, I will leave it one day no matter what I acquired on this earth. When you are pursing your goals always remember that one day nothing will matter because you will be dead, so hustle while you can but do not forget to play as hard as your hustle too. Not spending money on anything that wont give you back more money is a boring life, you need to go to cinemas, comedy shows, make someone happy, a wife? Your children? Don't take things too hard on yourself. |
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There is a catch, addicted gamblers are addicted because they have a plan all along, they want to make it in life taking the short cut route and brother, I believe you of all people should know that Bitcoin investment is a long term play, gamblers don't believe in such, maybe a few of them did but if majority of them believe that something like Bitcoin can change their lives in future I believe they won't become an addict to gambling.
It's going to be a tough work to confuse an addict to start accumulating Bitcoin, it's going to be like you are putting them in a suffering position.
A true successful Bitcoin investor believes in Bitcoin that's why they accumulate with their hard earned money, and apart from this, they do it for years, it takes a very well patience person to do this, addicted gamblers aren't one of them people.
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Bitcoin is the way to prosperity for someone who can embark on the journey of long term investment, if you want to make life changing money through Bitcoin in the next two years you need to have invested like 10,000$ or more, even I won't call 50,000$ a life changing money but would do a lot for someone who is dead broke.
If you are determined then your goal should be an accumulation of Bitcoin for many years to come, not the next bull market, you need a lot of thousand dollars invested first before you can get better ROI in a year or two.
If you are earning low income in your business or job, play the 10years accumulation with what you can afford to lose every month after getting paid in your job, you will be happy you take the step.
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I decided yesterday morning that I would buy 1 bitcoin from this dip market. But I did not have enough money. With which I can buy 1 bitcoin. I had an Fixt Deposit of $ 6,000 in the central bank. And the bank would paying interest at the rate of 5.5% APR. I broke it down yesterday and decided to buy Bitcoin with that money. But with this money I will not be able to buy 1 bitcoin. On the other hand, my dream and desire is to buy 1 bitcoin. I then decided to take a loan and applied to the bank for a loan. But I told the bank that I would use this money for business. The bank agreed to give me a loan of $10,000 at 10% APR interest. I take advantage of that opportunity and take out a loan. And the remaining $ 4,000 I borrowed from my uncle and promised to pay him 8% APR interest, which is more then bank interest. Finally i bought just now 1 BTC price at $20,000. It gives me a different feeling That feeling I have never had before. I think if I hold this bitcoin for 2 years I can get 100% -500% profit. Then I will be able to easily repay my debtors with an average interest of 18-19% in 2 years as an average of 9.something% APR and I will be able to keep a huge profit.
The interest rate is what I don't like, even if Bitcoin can surprise you easily with the perfect timing I don't want to put myself in an angle of unrest, maybe its just me but taking loan for some thing as risky as Bitcoin could give me high blood pressure and to avoid such I always stay away from every loans, from Banks or not. Some people are very good at using loan and it always work out well as they plan but I am not one of them, I did tried in the past and things start falling apart after a while, gave a try later, and its same result, I wonder if loan favors some people more than others or maybe it has something to do with me. |
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Binance exchange just turned the best when? There are bigger crypto exchanges before the Binance exchange and they went down, today Bitcoin is still standing strong.
Even if Binance exchange grows in three folds of what it is today, it doesn't concern Bitcoin and moreover, Bitcoin was never created for centralized exchanges, it's the investors that decide to dance to the tone of centralized exchanges, and it's not anyone's business, it means they are ready to take responsibility if anything goes wrong.
There are many crypto investors from America that's why the country plays a major role in crypto investment, it won't make much sense if the US is left out of crypto, this is why I don't like what is going on with the SEC right now.
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I am in no position to start talking about what agriculture can solve in the country because I am from a country where there are millions of farmers around each states and yet poverty is souring high, as if agriculture can really save a country from recession, you are wrong brother.
Which countries aren't into agriculture? Do you know how many countries are suffering even with mass agriculture knowledge? It's not enough to get rid of poverty from a country, if not all countries will be full of happy people and food won't be a problem.
But the cost of even buying those food is high, the fact is we can't all be a farmer, that will cause some instability.
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