Instead of advising newbies to invest in Bitcoin or any other crypto coins out there, just get their curiosity high up by telling them to explore crypto and how it differs from stock trading. People tend to back away from such opportunity when they're almost feel "forced" to. I ain't a psychologist but this is somewhat what I feel whenever people tend to tell me about my decisions about my money.

It's still passive income whenever you call it. You're still earning something without your actions. On the other side of the coin though lies a passive loss as well due to volatility. It ain't that bad anyway unless you're going full-time investing like committing all your savings to it.

To start off anyway, Bitcoin was never meant to launder money or encourage illegal activities otherwise every single country in the globe would have yeeted Bitcoin already. People just gave it a meaning because of how discreet you can be in using it like just because you don't want the government to oversee what you're doing doesn't mean that you're up to no good.

Of course there were still some illegal stuffs happening using it, but come on, even fiat currency are being used to those kinds of stuffs.

Welcome, BabyBandit! Seems like even to this day, we're getting new users. Hope you have a wonderful time around the forum.

Yeah, the marketplace here is quite also varied. It's not just everything circulating with trading BTC with another crypto coin. I know you mentioned that you don't need to lend for now, but careful in requesting for loan in Lending Board especially that you're still newbie. I believe that you need collateral there before you can loan. It's been so long since I visited that board to just read.

But yeah, welcome to the forum again, OP!

Well technically you could still do Bitcoin as part-time, maybe not just that "quick return" part. I do partially sell my Bitcoin that aren't up for hodling whenever the market is like that usual "gaining" that I don't need to explain further anyway. Call that trading or nah whenever people wanted.

Depending on each individual on how they need their money, they might consider it a retirement fund but not purely 100% for obvious volatility issues. I might consider it yet a retirement plan but not really 100% sure with that yet.

You could try offering your signature space through Services section, although since you came back from long hiatus, it might be hard for ya to get back on your feet. For SCs, it depends from CMs themselves. Some require 5 minimum within 120 days, but some do not but might require earning a couple of merit within a week.

You can find all these I mentioned in Services section. Ratimov mentioned a thread for the overview of the current SCs. It's really up to date up to this day.

Surely there were people that invested in Bitcoin due to its decentralized nature and having it just get controlled by another entity would make them sway away from this. If this were to happen from my perspective as like the usual investor, I would definitely sell my Bitcoin to either USDT or any sort of stablecoins out there. I know they're still decentralized with some few coins that aren't, but having a volatile pricing of coin along with a third party controlling it just screams disaster of my money being held captive or frozen.

Maybe they can't 100% control it because there would still be market for it, but they could somehow control how they're used by their people.

Well til this day, my local news still warn their people about the usage of Bitcoin although it's not technically regarding scams and exploitation, but rather the volatility of the market which kinda gets people off their railings in their savings. Even in my local app, I kinda get annoyed regarding the multiple instances of warnings even though I know that they just meant good anyway.

I just wish that government would just not really attempt to control their people in how they wanted to handle their own money.

Even if it was a legitimate Coinbase email, I would always think twice before even attempting to click a single link from that email. You never get too sure when an email is spoofed, and it is common that hackers would just replace a single character to put people off guard like let's say COINBASE would be shown as C0INBASE. People not paying attention to details are most likely to fall for these.

An email that have sense of urgency are most likely a phishing or hacking attempt. That's one of the things I also learned from the scambaiters in Youtube.

Well not sure where country you're from, but I haven't heard that much of a news here in my country regarding institutions chasing to buy or adopt the usage of Bitcoin. Surely most of the institutions are aware of Bitcoin's existence and they usually just tend to avoid the "uncertainty" of having to use one due to volatile prices that's happening with it.

"At the moment"? No one can really control Bitcoin, xSkylarx. You could control your users like how devs of custodial wallet do to their end users, but that's the least and best way you could control the usage. You cannot still control on how people would send their Bitcoin to another address.

This is why I really do not want to interact some elders around the internet with the current changes we have now since most of them would just be close-minded on how technology works and like how limited some stuffs really just works.

As long as you're going to have Bitcoin go along with fiat money, there's obviously going to be like tax or at least "fees" that you're going to encounter beside of just having some mining fees. As long as there's some regulation going, there's always going to be taxes.

Well let em cook like they said. I don't care if my whole bloodline would resent Bitcoin even if I explained them pretty much every "non-earning" benefit that they can get from Bitcoin. I don't really like telling people that they can earn from a single stuff since it might end up my responsibility regarding their losses and I am even bad at selling stuff to people since I am just that technical guy that you know next door, lol.

Going back to the topic, even if you "give people time", they might just end up still hating it since....they just really hate the idea and aren't comfortable about decentralization. Nobody's at fault in this. Not everyone would really love Bitcoin let's accept that.

Some people would look at Bitcoin differently. It's the same way as banks giving your funds a tiny percentage of interest whenever you hold your money within them although this might be too stretched of an example, you'll still get the idea that not all people are here just for the investment.

Well I don't think it will vanish like a thin air when we're talking about Bitcoin since it could either be just bearish season where the OP would need the money the most. It's just that you wouldn't want to end up needing that amount whenever the unexpected happens. Once you threw that money in the bag, it's definitely locked in for couple of years.

Just imagine being in a situation where you might need to pay the medical bills but because BTC is in its bearish mood, you can't get back your money to how it was and not even at the breakeven point since it was now below of what you initially invested it at.

Well trust fund ain't really something that you should mess around. Unless that fund is worth losing regardless of the situation, I would not invest any forms of important funds even my house and lot to Bitcoin just to expect that it could help me within few years.

Just set around some funds that you would slowly use to buy Bitcoin and not just purely anything that you would just throw away just because someone else told ya so.

I guess the interaction with coworker is what people wanted leading them to be RTO. I don't really like to do RTO considering that the corporate building I work at is kinda time-consuming, but good thing they offer good rate as well as flexibility in time.

Kinda just pain in the ass to pain in the wallet to deal with transportation. It might be fulfilling for some people to travel, but it kinda gets into you slowly. Going home tired, budgeting your expenses and also the distance of the travel as well.

Some company do offer that kind reduction in the office. Not sure why don't company just go for full-time work from home so that their corporate building would consume less resources to keep their employees sated in their needs. The electricity, coffee, and the office equipments as well, kinda saves them a ton.

Bud, not everyone loves decentralization. I am pretty sure there are plenty of government fanatics out there that would worship the fuck out of them just for the sake of hating these. Not everyone has the guts to invest into something that has no one controlling it since they believe that banks are "100% safe", they believe that CEX would be able to handle their money with ease but we all know what happens, right?

Not hating, OP but I am just talking about the reality that some people aren't just really fans of how Bitcoin works same goes for how people aren't really into altcoins, Smart Contracts and all those NFT stuffs you see around the market.

Well trading signals have been there already, not sure how trading bots would be different from this but you get the idea anyway that it does some part of the job for ya if not replacing you in doing trades..

Not sure about the trading bot you just mentioned in the post, but surely it has its own logics and algorithm and therefore has its own limitation as well. It could help, but I won't rely too much on bots.

Not really just full of what ifs. People think that AI are full of nested if and else. There are still if and else, but usually those are coded for the worst case scenario. It will be a pain in the ass to maintain a software full of if/case statements.

Well people would be relying on them since someone reputated is handling their money just like any other banks out there. People think that relying to a third-party reputated organization would give them the most of their security. Think of it like in crypto where they thought that holding in an exchange is a good idea.

Quite a choice of words there by the way.

If crypto would get widespread recognition and acceptance as a global method of payment then government would just put more regulation to it since it is being used already by the mass. It's not really a good thing to happen if you would ask me.

Damn, let's hope though. It's been quite a hell. Let's all be fingers crossed with that though. I wouldn't expect so much noticeable changes in price of commodities, but seeing even cents of decrease might be something worth celebrating at least.

Yep, and it's why I tend to just never cash out some portion of my Bitcoin. I just tend to keep it as much as possible. Money remittance centers here tend to be crappy in fees and it's why I don't tend to cash out my Bitcoin in here.

On the brighter side, if the 9-5 job wouldn't cut it anyway, I would just job hop. Promotions barely helps with inflation these days no matter what field you're at.

Well what can we expect anyway from companies? Baby sit us and let us have all our own? As long as something is directly in control by someone or even created by someone, they have the means to do whatever they want no matter what they please.

Heh. Paypal. I avoided that platform long time ago when they just locked my account due to lack of verification even if I submitted a legitimate ID. Just because I have so much to hold, they just did a lock in my account. OP I know you mentioned that we can trust Bitcoin, just be careful custodial wallet.

Bitcoin gave us freedom, but companies adopting might say otherwise for their users.

I would rather just live average than just get paranoid on even touching every single gadget I usually use daily. I can imagine the anxiety of having to do these kinds of stuff. Not sure how many software do hackers need just  to cover trace, and I am pretty sure that VPN just barely scratches the surface, but you're right that just a single mistake could lead you either being on-the-run or possibly get hunted down considering that we're talking about internet.

There could have been possibly an internal investigation within the pools. Surely they had user of interest, but hey we'll never know who's who.