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Never put more money in crypto than you can afford to loose.
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"Hello everyone,
I'm Ummsha by name an accomplished newbie to the world of cryptocurrency. I stumbled very well upon BitcoinTalk while researching Bitcoin and i was impressed by the communities knowledge and passion. I'm eager to learn more about cryptocurrency such as investing, trading, and the technology behind it. I'm looking forward to absorbing informations, asking neccessary questions, and contributing to discussions.Also I will learn to accept my errors or mistakes rather.Please bear with me as I navigate this new space!
Thanks for having me!🙏
Never put more money into crypocurrency than you can afford to loose. |
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You can lend cryptocurrency in some exchanges or use staking on DeFi pools right now. Both are valuable ways to make passive income.
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Altcoins like dogecoin are good as well. I agree that you should not invest in shitcoins as well. But I believe if you invest in the top 10 altcoins right now you're not going to loose your money.
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Coinbase has announced the delisting of USDT and several other stablecoins for EU users to comply with MiCA regulations.  Though Support for USDC and EURC are unaffected. I think this could help coinbase gain some market share in that their own stable coin USDC will gain more traction and thereby increase revenue. It can also make clients who use their crypto space move out thereby causing them losses, Because most people prefer to use USDT. You can use a DeFi like uniswap to swap the USDT, then send it back to coinbase and convert to fiat. It's not such a tragedy that coinbase has removed USDT from their exchange. |
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HI guys,
i am totally new to mining and i too was also baffled by the different calculations and rigs and working out what is possible and what is not.
I hope you dont mind me running past you my dilemma/opportunity.
for the next 26 months i know i have access to reliable circa 75/80amp 240v single phase power for no charge. I might be able to extend for another 12 months after the 26 month period.
I have a budget of around £6-8K perhaps a little more for hardware.
What do you think i should target with this? for maximum ROI. I know no bet is a safe bet but is it better to just stick with BTC?
I want to get all of the information together before taking the plunge and purchasing mining rig(S)
Would you have any idea of a realistic daily revenue in a pool ? and what pool do you think i should go for?
thanks for all
You can use this calculator to calculate how much you would earn by mining: https://www.asicminervalue.com/Mining will increase in difficulty so if you don't have free electricity for a couple of years, it may not be profitable for you. |
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I have joined some Telegram groups before. When you joined or if you post on the group, you will see some scammers that will send you message to chat with you. Convincing you that they are working in group and the project. But they are all scammers. What I noticed before was that they will give you a fake link and tell you to connect your wallet. If you connect your wallet, I am not sure maybe you will still be the one that will make payment into the scammers address, but I do not think so because victims complained that all the money on their wallet are stolen with the Telegram scam. So I do not know if this malware is truly new or not, but it is worth knowing. Although, it is just like before, if you avoid the fake Telegram groups, you will avoid the malware. Scam Sniffer posted on X that the malware is through a bot. And that it can compromise your crypto wallets and your device. Once in the Telegram group, users are immediately prompted to verify through OfficiaISafeguardBot. This fake bot creates artificial urgency with extremely short verification windows. The verification process secretly injects malicious PowerShell code into your clipboard. When executed, it downloads and runs malware that can compromise your system and crypto wallets. https://x.com/realScamSniffer/status/1866465802020602074?t=9ZtgnfEyENZpJvmGI2gDwQ&s=19https://x.com/realScamSniffer/status/1866465802020602074?t=9ZtgnfEyENZpJvmGI2gDwQ&s=19 If you click on the link and you are not logged in through browser, you will not see all the Scam Snuffer's posts. You can click on the link in code which can suggestion you to read it on your Telegram app where you will see all the posts, provided if you have X installed on your device. You never connect your wallet to anything that you don't trust 1) and 2) you never give your private keys to someone else! |
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Hello.I had two questions I have not been able to get clarification on. - When someone sends you crypto on your receive address to your exchange, how does the exchange know if these funds are to be taxed or not when they prepare the forums at the end of the year? I can understand if you bought assets and they gained value and then you transferred them to your bank, the capital gains would be taxed. But if you received funds from family, or donations on your receive address, how does the exchange, or IRS know if they are taxable or not as there are no notes with these transfers?
- My second question was:I have a second account at Binance. I had 100 coins I was trying to move over to Coinbase, but got an error saying that you need 400 of these coins to be-able to move them. A Binance support rep on the Redit forums said, "you might be able to email support, but usually the rules are fixed." If the value of the assets increased to the point where the buyer can't afford to buy 300 more, then the coins are stuck on the exchange according to what the support guy said. My question is: Where do I look to find out what the minimal supply must be to move the coins? and does this also apply to moving them to my bank account if I just wanted my money back? I was not made aware of this when I first bought them 3 years ago. Maybe if I had dug through dozens of terms & limits pages I would have found something on the rule, but nothing was made obvious up front. Now I'm kind of afraid to buy anything on their site.
When receiving crypto there is no tax. To answer the second part of your question, you could sell them and transfer the money to your bank account. |
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With the way Bitcoin is constantly setting new records, we are optimistic that it is going to give its investors a light year in no time. Bitcoin surged 45 percent in 4 weeks following US President Trump's election campaign. We will see coming up next year with a possible view of Bitcoin reaching $250k ATH. Those of us who have basic knowledge about Bitcoin or those who are not knowledgeable about the subject should immediately adopt a sympathetic attitude towards Bitcoin investment and conduct ourselves with time in Bitcoin investment.
Although Bitcoin is volatile, we can at least attribute this arrival to the revolutionary changes it is undergoing, and from this situation we can express our interest in it and hold it over time.
Mark my words. Bitcoin is going to reach 1mil in 10 years. |
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Hello all,
I had a big crypto balance. But unfortunately l lost all in May 2022.
Primarily I was a web developer since 2009. I earned handsome amount and invested in crypto. I had around 7 btc in 2015. One time I invested all my crypto assets to luna coin. Luna price was very upright. For that I took bank loan and took personal loan from many people and invested in luna.
But after the luna crush my life is simply horrible now. I am around 70k USD debt. People are forcing me to pay back their money. This is the real history of my background.
Now 2 years have been passed and my problem is more deeper. I know there are so many well established investors are here. So, I am trying to catch myself to their eyes for help. I asked loan in different times. Nobody is helping me. How could I recover my bad situation? Is there anybody who could guide me or help me anyway? To me life is becoming horrible.
The first rule of investing is never to put more than you can afford to loose. The second rule is to always keep an eye on the investment. Now you're in deep trouble because you didn't think logically and your greed had taken over. |
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When we talk about investment allot of person's don't take it serious but is the key and most important thing when it comes to life, allot of person's are regretting today because they didn't take the advice of financial experts and analyst when they where telling them about investing in those days where they where having money.
The fact about life is that nobody will stay in the top for ever so now that you're working and making money this is the right time for you to invest in a business either a long term investment or investment at will not last for a long time, because one day we all will leave that office and position that we find ourselves
Invest today for a brighter tomorrow
I am investing in multiple coins and NFTs. And in strategic partnerships |
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As young entrepreneur what are those unique challenges I am likely to face in the contemporary business environment? Aside the capital which I have been able to raise a modest amount as start-up.
This was a question sent to me by my young cousin. I felt I should bring it here to draw broader ideas from different minds before getting back to him with words. Feel free to share your honest ideas and experiences.
Different countries or areas have diverse challenges that Entrepreneurs would have to overcome. In my area you might face: 1. Competition: Business people in my area always copy ideas. Immediately you start a business in an area, be ready to see new businesses springing up and offering thesame services or products. 2. Double taxation: The tax system in my country is highly flured. It is common to see different tax bodies asking for almost thesame payments several times. 3. Insecurity: You should have systems that protects your business from theft and other crimes Reduce cash payment and ensure that you have security tools like burglary proofs, CCTV cameras, alarms, etc. Double taxation is the biggest challenge. If you are overtaxed you can't make a lot of money. |
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Hi guys, I wanted to open up a thread about Shiba Inu token I seek you best opinions here. Is there a future for this? Or it will just remain to the current value it has right now?
Suggestions is open for everybody, and if you have more to add regarding the current market situation that Shiba inu was undergoing through. I do hope your brilliant minds will help me decide for this asset to be added to my bucket list of holdings, despite altcoins was so challenging to hodle for long term investment.
There is much future for shiba inu but don't expect it to rise to 1$. It's simplly unrealistic. Maybe it can rise to 0.01$. |
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Thanks for replying nickpap. Do you mean a paid promotion? How to avoid being treated as a spam?
No. You could follow/unfollow other accounts with your account and promote your coin via posting on your twitter. |
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You've found a good way to waste other people's time. Those games pay very little if at all. |
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The TON ecosystem has been on a high run since the Notcoin launch. To be honest, I thought it would see some setbacks after some Telegram ‘tap to earn’ projects disappointed people, but it seems we are likely to see more upward momentum in the ecosystem because it’s now trending more than ever. Some say the idea of merging Web2 and Web3 plays a big role in maintaining that energy, but do you think the hype will soon die down, or are we likely going to see even more growth? Because, believe it or not, this team knows what they’re doing.
People are not earning. And when people are not earning and putting in time, they get dissapointed never to return again. So I believe TON Ecosystem will have an upwards growth for a while since new people join but it's going to the bottom after that. |
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I want to find a good Altcoin to invest in before the bull starts, also have a non-custodial exchange. This means, that we have complete control over our funds. If there is, please help convey it, because a lots of new altcoins was born every day.
The best one is dogecoin, closely followed by cardano. |
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Eth is up now, to everyone who bought... Congratulations!!!
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I know many experienced members here insist on investing in altcoins that are in the top 10 of coinmarketcap, but what would you choose if you had to select a few from outside of TOP 10 list?
I would select matic since I trust in its ecosystem. |
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I recently made some money through Amazon Kindle Direct Publishing, and I'm considering using it to purchase some Bitcoin. Only a tiny sum, roughly $800, is involved. What do you suggest doing right now? Purchase some Bitcoin or another cryptocurrency with a promising future.
What replacement coins would you recommend?
Altcoins definitely. Purchase Cardano. |
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