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That’s just the about knowledge is the best key to a success, but not all the people understand the meaning and that’s why most of the people will go and start they didn’t have any idea about which will definitely end of lose at end of day. Because they refused to seek for the background of what they are trying to do, and that’s what cryptocurrencies is all about.
You see those those that are seeing the cryptocurrency as a way of becoming a rich quickly, their those that that are sitting at home and people that are into the cryptocurrency aspects always give them something to hold body, that’s why they take it as easy way of getting rich quickly.
Knowledge is not enough to make you a successful person, If indeed knowledge is enough many of graduates that are running around the street unemployed and a very knowledgeable, even graduated with 2.1 and 1.1 should be having a top executive jobs with over paid salaries but life isn't that way, this shows you that knowledge isn't enough, even in cryptocurrency. There are people that are having knowledge of crypto and sadly they have the wrong ones. Someone might be in crypto space today and claim they have the knowledge to understand everything, they will but they can't even difference between custodial wallet and non-custodial wallet. In fact many of them will choose custodial wallet as been the best over the non custodial, they will tell you that Binance is better than personal wallet but this is wrong yet the exchanges feels like they are actually the best place for deposit of coins which is wrong. you may be current base on your own view there is no doubt,but when it comes to cryptocurrency,crypto knowledge is what you need in other for you to be able to navigate through the market if not you we get stock in the market and lose all your hard earned money. Cryptocurrency knowledge is not like those knowledge Aguirred from higher institutions,it's a unique knowledge you must go for no matter your degree,because without that unique knowledge you should better stay away from the crypto space,or you we lead yourself to the middle of no were. I we advise you to go for the crypto knowledge,forget about the knowledge you got from the higher institution that is not crypto knowledge, it is the institutional knowledge. |
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I want to take my BTC investment to another level,so which of this wallet's listed bellow we serve me for a life time,that even my wife or children can access,if it goes other wice.
Software wallet
Hardware wallet
Centralize exchange wallet
Paper wallet
Posting 30+ replies in a day, and 100+ within a week (mostly on the economics board) seems eagerness for ranking up in short duration. Meanwhile all the Bitcoin related information about what, why, when, how things are pinned in the top of Beginners and Help sections, but op in the very first is helping other newbies to choose wallet between Ledger/Trezor/MetaMask for storing cryptos for long term but they themselves are perplexed about what to choose for them, just a ridiculous. As a new beginner in the crypto market here are some few things you should do.
-watch educational videos,YouTube channels like,Data dash,and crypto Tv.
-check websites like,coin telegraph and coin desk.
-understand the cryptocurrencies and how they work.
-select a well established exchange like bybit,coinbase and binance,to buy and sell and store your cryptocurrencies
-create a secured wallet to store your cryptocurrencies,such as ledger,trezon and metamask.
-enable 2 factor authentication.
-begin with a small investment to get familiar with the market.
-define your investment goals,time horizon and risk management.
-understand the market volatility.
-set stop-loss orders.
-stay informed.
-join online communities.
Start it with wallets like Electrum[1]. That's a good start for you while you're still thinking about which wallet you'll use together with your family. But we highly advise everyone to buy their very first hardware wallet. Do not forget to download the wallets that you are decided to use from their official websites. And if you can't still think of it, you have various choices[2]. [1] https://electrum.org/[2] Choose your Bitcoin wallet the electrum wallet is showing me disconnected,how can I connect it? Connect the internet after you login into electrum, once your device gets connected with the internet, it will turn green light from red thats shows your device is connected online and keeps synchronizing with network. I want to take my BTC investment to another level,so which of this wallet's listed bellow we serve me for a life time,that even my wife or children can access,if it goes other wice.
Software wallet
Hardware wallet
Centralize exchange wallet
Paper wallet
Posting 30+ replies in a day, and 100+ within a week (mostly on the economics board) seems eagerness for ranking up in short duration. Meanwhile all the Bitcoin related information about what, why, when, how things are pinned in the top of Beginners and Help sections, but op in the very first is helping other newbies to choose wallet between Ledger/Trezor/MetaMask for storing cryptos for long term but they themselves are perplexed about what to choose for them, just a ridiculous. As a new beginner in the crypto market here are some few things you should do.
-watch educational videos,YouTube channels like,Data dash,and crypto Tv.
-check websites like,coin telegraph and coin desk.
-understand the cryptocurrencies and how they work.
-select a well established exchange like bybit,coinbase and binance,to buy and sell and store your cryptocurrencies
-create a secured wallet to store your cryptocurrencies,such as ledger,trezon and metamask.
-enable 2 factor authentication.
-begin with a small investment to get familiar with the market.
-define your investment goals,time horizon and risk management.
-understand the market volatility.
-set stop-loss orders.
-stay informed.
-join online communities.
Start it with wallets like Electrum[1]. That's a good start for you while you're still thinking about which wallet you'll use together with your family. But we highly advise everyone to buy their very first hardware wallet. Do not forget to download the wallets that you are decided to use from their official websites. And if you can't still think of it, you have various choices[2]. [1] https://electrum.org/[2] Choose your Bitcoin wallet the electrum wallet is showing me disconnected,how can I connect it? Connect the internet after you login into electrum, once your device gets connected with the internet, it will turn green light from red thats shows your device is connected online and keeps synchronizing with network. I said I want to take my BTC investment to another level,here are my trying to get right wallet to use for my life time investment from experience investors and here you are calling it rank up,which I don't really know what you intend to benefit from this.if it's bad to ask high experiences investor questions on this platform please let me know. |
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Start it with wallets like Electrum[1]. That's a good start for you while you're still thinking about which wallet you'll use together with your family. But we highly advise everyone to buy their very first hardware wallet. Do not forget to download the wallets that you are decided to use from their official websites. And if you can't still think of it, you have various choices[2]. [1] https://electrum.org/[2] Choose your Bitcoin wallet the electrum wallet is showing me disconnected,how can I connect it? |
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I was have a discussion with one of my very good friend who is into shitcoins,we had an argument on mining BTC and he asked me this specific question. what problems do BTC miners solve?
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Bitcoin makes it possible to make transaction globally all at your home but not a financial freedom. Financial freedom is when you can live comfortably without depending on any job.
OP must think that financial freedom is when you can send money from any location in the world, but that is far from the real meaning. The real meaning is just what you have said. Financial freedom is when someone is no longer poor, and bitcoin does not make that possible. If you must be free from poverty, you have to have created multiple sources of income for yourself. just as I said earlier,it's not financial freedom from poverty am talking about,I'm talking about freedom to transact globally.
I never said BTC is a financial freedom to poverty, I said it gives you financial freedom to transact globally,that just the point am trying to make nothing more.
If that is the point, you are very correct. But you do not need to include financial to it next time. Just call it 'freedom'. alright boss thanks for the observation,the correction is taking that's why learning is a continuous process,me too Is learning boss |
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Bitcoin makes it possible to make transaction globally all at your home but not a financial freedom. Financial freedom is when you can live comfortably without depending on any job.
Bitcoin can not solely help in economic stability. That is not possible.
But bitcoin can be a store of value, an hedge against inflation and also an investment as it can be a speculative asset in short term.
I never said BTC is a financial freedom to poverty, I said it gives you financial freedom to transact globally,that just the point am trying to make nothing more. |
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Using BTC gives you the financial freedom to transact globally,BTC provides economic stability and Newfound freedoms to the world making it true game-chaging technology.
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I want to take my BTC investment to another level,so which of this wallet's listed bellow we serve me for a life time,that even my wife or children can access,if it goes other wice.
Software wallet
Hardware wallet
Centralize exchange wallet
Paper wallet
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Both are as important in my opinion.
Knowledge without the resources will go nowhere and just having the resources will almost guarantee you of failing if you have the resources then you should do everything there is to learn about crypto or whatever can be used to make profit with your money and if you only have the knowledge to start with you should also start finding ways to find the money to put this knowledge in action. Others may argue which one is more important but like I said if you only have one out of the two, there would not really be a lot of progress. We should aim for higher standards and make sure that we are not stuck in one place and always try to improve on what we lack.
Also, I do not know does this fit bitcoin discussion exactly?
if knowledge without resources will go no where. resources without knowledge will go where? |
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What does it mean to be informed?
An informed investor we have their long term investment goals in mind before being pressured into any volatile investment by all this finfluencer's that are just influencing investor's to invest one shitcoin.focus on your long term BTC investment,because an impulsive investment can derail your long term investment strategy.
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You should revise your perception about cryptocurrencies. Not all cryptocurrencies are scams except Bitcoin. You can research the top cryptos. Bitcoin is the best of the best, with its vastness compared to other currencies. You are a new member and you need to learn more about Bitcoin so try it regularly. Known as a store of value, Bitcoin offers higher profit potential through long-term investment compared to investments in globally recognized real assets. Saving money in a bank or insurance company means you have entrusted your assets to a third party thats centralized control. Holding Bitcoin means you are the sole controller of your assets, without any third-party control and in a decentralized system.
I never said all cryptocurrencies are scam,I only said that crypto is being traded on blockchain technology,only blockchain technology anything aside this is scam,my points are specific,no coin was tag scam on my thread. |
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Cryptocurrency or crypto,is virtual or digital assets purchase with real money,you can buy it with dollars or with any currency depending on your country currency,crypto is being traded on blockchain technology.take note only on blockchain technology any other technology is a scam.crypto doesn't have all the values of real or fiat currencies,cryptocurrencies like BTC and other shitcoins are different from stocks and real money.crypto is not regulated like stocks or real money insured in bank,crypto high risks can offer big rewards or huge losses.my advice know what you are doing.
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I see many people here are missing the track of what the OP is trying to say, if you understand what the OP is tying to say towards my own direction,you know that the OP is trying to be bresf that,you don't have to spend years learning about BTC,just go for the right knowledge and the information that's all.
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A lot of BTC holders has being harassed on the street and even in there homes by criminals,who forced them to transfer all there coins,on this case BTC ATM is a no go area it's very risky.
Well It may be advisable for easy purchase of goods,but the risk of loosing out is really high.
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Trump is not,and can never be the fate of BTC,BTC has done well in the years back on it own, and still doing very well today,come to think of it,we where already in the bull market before trump was elected as the president.to rap it up BTC can and will raise to 150k this year.
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It is an excellent introductory step,which those states that have proposed BTC Strategic reserve in the united states, and we are looking forward for more other states to sign the bill.
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To me extracting value from shitcoins,does not really wort it,it's like doubting BTC,and reducing it to nothing.
BTC has a high reputation and a standard we should try and maintain that reputation and standard,very necessary.
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Why not you can creat your own shit coin and call it what ever name you chose to call it,because the protocol of bitcoin is an open source for any one who is willing and ready to waste money,energy and time.but have this at the back of your mind,no shit coin can get high reputation and the adoption BTC has.
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Me too thought as much why African countries are not adopting in the system, well the reasons are best known to them for me I really see future in BTC and i advice every African citizen to take a good advantage of BTC before it we be too late, remember america is the world power and america is really into BTC, policy may be made one day that what the world we be using now is cryptocurrency for purchase and business transactions.this is the future speaking through men and women.
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Yeah I came across seun kuti's post,where he was lamenting that cryptourrency is a scam,well he said it out Of emotion not really his mind I gest,even if it's your sister that lost 50m in crypto you too we talk,but that's not the matter.the problem is that people don't just want to go for the real knowledge before enbacking on the crypto junney,if they lose money they call it scam,but they hit it big now testimony go follow,testimony without knowledge,maybe seun kuti's sister done go copy trade wey land her for hot pot,that's the truth.
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