1601
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Other / Beginners & Help / Re: How do I succeed as newbie.
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on: March 13, 2023, 04:13:36 PM
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Don't see making profits on Bitcointalk as your first priority, Learn about crypto and have an understanding first before even thinking of investing in crypto,
It's been said here many times, but people who come to the forum are very often not interested in cryptocurrencies, but how to get merit, how to get rank, how to earn a bounty, etc. This is common far beyond the forum. 9 out of 10 new people coming into the crypto industry don't want to learn about cryptocurrencies, they want to make money from cryptocurrency. No wonder why scams are becoming more and more popular every year. After all, many people don't know how to protect themselves from these scams and expose themselves to the lure of easy money that they will never make.
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1602
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Other / Beginners & Help / Re: DETERMINATION OF A SAFE STABLE COIN: What should newbies do?
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on: March 12, 2023, 05:15:18 PM
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There is no 100% right decision here, although USDT almost always performs better than all of the stablecoins. In any case, no matter how reliable this or that stablecoin is, you should always remember about diversification, keep your savings in different stablecoins. This way, you can avoid significant losses related to de-peg. It is simply unreasonable to rely on just one single stablecoin, because not a single stablecoin in the entire history of their existence has given a 100% guarantee, there have always been some small drawdowns.
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1603
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Other / Beginners & Help / Re: Project featurings in news sites should be taken as grain of salt
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on: March 12, 2023, 04:34:57 PM
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News publications have always supported paid-posting, what they are paid to do, they advertise. Any crypto user should always be skeptical about so-called recommendations and praise about this or that service, especially if it is little-known. Such sites are only interested in their own profit, they don't care about your future losses and risks associated with the use of certain services. If you want good advice about some or other services, go to bitcointalk, there is minimal probability to cheat and mislead.
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1604
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Other / Beginners & Help / Re: simple mistakes can cost you millions
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on: March 12, 2023, 03:54:08 PM
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It wasn't exactly a classic user error, because the user didn't know in advance which route his transaction would take. It was not a transaction from one user wallet to another. He wanted to exchange USDC for USDT using an aggregator. The aggregator routed the money to the Uniswap pool, which didn't have the right liquidity and that transaction turned out to be so clumsy. There's more of a trust error here than a transaction error, so don't trust aggregators too much.
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1605
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Economy / Exchanges / Re: Do you know what is hiding behind Centralized exchanges User Agreement?
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on: March 12, 2023, 03:37:50 PM
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I strongly doubt that anyone will even choose an exchanger based on some kind of user agreement. This is not important for many people and they value exchanges for other qualities. For example, KYC, commissions, supported networks, p2p, additional options, variety of tokens, and a bunch of other factors, and user agreements are read by few users and they are interested in the last place. I have never seen a crypto user who said that he chose an exchange because he liked the user agreement more than others.
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1606
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Other / Beginners & Help / Re: You and Your Bitcoin Dreams - My Two Cents
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on: March 12, 2023, 03:30:13 PM
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You can't do without foolishness. Getting to know bitcoin will in any case be accompanied by some mistakes. Some will be stupid and some will be very stupid, but all of this will shape your personal experience and your personal knowledge of cryptocurrencies and bitcoin. Learning without experience with mistakes and stupid decisions won't work, although you should strive for that, but don't be intimidated by the fact that you did something wrong. In cryptocurrency, the best and most reliable knowledge is always obtained only through your own mistakes.
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1607
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Local / Альтернативные криптовалюты / Re: Альткоины: огонь, угли, пепел
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on: March 12, 2023, 01:28:57 PM
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A не сделать ли нам и из этого "....огонь, угли пепел" такой же разговорник, обсуждальник альтов, как в Трейдерах этот самый "Последний вагон..."
А чем вас не устраивает Аналитика, анализ, прогнозы. и Аналитика без подписей и модерации? Зачем городить то, что уже давно существует и предназначено как раз для того, что вы предлагаете?
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1608
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Other / Archival / Re: Helping Potential Legendary, Hero, Senior and Full Members (March 2023 Update)
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on: March 12, 2023, 01:09:13 PM
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I qualify for the above criteria. I can be a Hero Member any moment if I am helped because my activity is already Hero. Thanks!
Have you read the rules carefully? There's not a word in there about accepting any entries, and there's certainly no entry form. The topic was probably created for the OP to create lists himself. If you yourself want to make yourself known, want to apply for a new rank, then use this topic. It's more suitable for accepting applications.
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1610
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Other / Beginners & Help / Re: Don’t buy Bitcoin when FUD is over
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on: March 11, 2023, 05:04:05 PM
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In general, you can buy bitcoin at any time, because bitcoin is always growing, unlike the vast majority of altcoins. Of course, you can follow the charts and look for the ideal entry point for a profitable buy, but not everyone does that. Even the big players are buying bitcoins without looking at the charts. You can buy bitcoin at any time and with any free money you have, if your planning horizon for making profit is much longer than the next month. If your investment strategy implies long term HODL, for example 5-7 years, then who cares at all what is going on in bitcoin market right now. Only short-term speculators and leveraged traders care.
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1611
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Other / Beginners & Help / Re: Never transact on this kind of message
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on: March 11, 2023, 04:59:40 PM
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This type of scam is 4 or 5 years old. I first received such threats in 2017 or 2018, I don't remember exactly. Scammer in all the letters claims to have access to my personal life and compromising files from my computer, but I am well aware that this is a bluff, the usual horror story, which is supposed to scare you and make you part with the money, just so no one finds out your secrets. You can safely put such nonsense in the trash.
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1612
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Other / Beginners & Help / Re: How can old people use bitcoin?
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on: March 11, 2023, 04:51:14 PM
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If adoption comes around, will their be higher consumer congenial systems for old people to utilize crypto? What are your phrenic conceptions?
Old human beings are the first to emerge as inclined to scams if adoptions comes around, and I suppose like crypto is a spectacular way for these guys to get screwed.
I don't be conscious of how this is going to work out for old human beings who cannot even know private/public keys let on my very own hot/cold wallets.
Unfortunately, this is true. The most potential victims for the new systems will be either the elderly, or absolute beginners who have just recently decided to get acquainted with the world of cryptocurrencies. I draw parallels now with the Internet and bank cards. In these spheres older people get cheated very often, because for them such technologies are a kind of discovery and they do not know all the nuances. Even experienced crypto users sometimes get caught in a trivial phishing or some similar scam attack.
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1614
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Other / Beginners & Help / Re: Don't be discourage of Bitcoin
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on: March 11, 2023, 04:24:29 PM
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Bitcoin can be studied anywhere and everywhere, you don't have to have a forum account or even access to the Internet. You can study bitcoin offline by reading an e-book or a paper edition. I don't see any barriers to studying bitcoin as time goes by if you don't have enough time for one reason or another. This does not mean that you will lose concentration or it will weaken your resolve. Study bitcoin as you find free time and desire, you don't have to follow any kind of schedule or adhere to a strict study plan.
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1615
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Economy / Trading Discussion / Re: Crypto or Forex?
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on: March 11, 2023, 04:21:06 PM
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Forex works through a broker, cryptocurrencies allow you to work with the market directly.
In cryptocurrencies you buy assets, and in forex you bet on who gets the better rate. Don't think that in forex you are trading currency.
The crypto market runs 24/7, while forex has market closings
In the crypto market you can remain anonymous, while in forex you can't.
On forex you can choose huge leverage, while on the crypto market you can trade with very small deposits.
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1616
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Other / Beginners & Help / Re: Can you tell me which one you will choose and why?
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on: March 11, 2023, 03:20:12 PM
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I trust hardware wallet more than my bank account and Binance exchange, but if you are ask to choose between banks and Binance exchange which one do you trust the most? I throw this question to crypto friends around me and they choose Binance exchange.
I wonder why though, because I feel like banks should be more trusted, my bank for example, has been running for over 20 years and nothing bad happened except, for high charge fees, but my fiat is always in safe hands, I don't know, maybe I missed something? So I plan to ask on here, which one would you trust the most and why?
A difficult choice indeed. We have to choose the lesser of two evils. Banks, however, are more reliable for the storage of their funds, although they have their own drawbacks. Exchanges are often hacked, blocked, and scammed, while banks have a long history. Cryptocurrencies are a wild environment, regulation and control of money is still weak there, so I would definitely not store my money on a cryptocurrency exchange, especially one that has no exact legal address, and the exchange owner himself claims that Binance is where his exchange employees are, or something like that. That's a rather fuzzy wording, isn't it?
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1617
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Other / Beginners & Help / Re: STABLE COINS DEPEGGING: Warning for the Newbies
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on: March 11, 2023, 03:17:03 PM
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It would now be utter madness to open margin positions on collapsed stablecoins. People tried to make money last year on the fall of LUNA and UST on the same principle and ended up falling into a market trap. Unfortunately, many people will begin to realize this only after they have lost their entire deposit on such a price merry-go-round. Understanding comes with experience. With sad experience.
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