I have some cash lying around and I don't want to put the cash into my bank account (the bank might ask a lot of questions).
So I thought I would buy some btc from a friend of mine, pay him in cash and ask him to send the btc from his wallet to mine.
I think it has indeed to do with funding in fiat money from a bank account.
I just wanted to make sure before I ask someone to transfer btc to my wallet.
Thanks for all of the replies.

Can you tell us what is the name of that third-party wallet that you meant?  I have doubt that because of the address, there are some third-party exchange/wallets that don't support transferring Bitcoin using the SegWit address from the Legacy address and I experienced this already.

If your friend wallet address starts with "1" and assuming you're using SegWit address wallet which is start with "bc1", they aren't compatible which is you can't transfer your Bitcoin from Legacy to SegWit address, but in SegWit to Legacy, you can.

However, don't mind the hackers.
They're smarter than us, the only one that could protect us is we should hold and have control in our private key and keep it safe.

If I'm wrong, please comment with further explanations.

You're fine to use an exchange account to receive funds from friends, I don't think the exchanges are against that.

It does not look like you are totally estranged to coin transaction among exchanges or wallet but if you doubt get on youtube for more tutorial. Take cognizant of the addresses and never send coin across exchange not to lose fund, also send fund/coin available in other exchanges. Ensure XDC/BTC pair trade is available on bitrue and if not, trade your BTC to the available pair.

  A lot of people are already dead between yesterday to today and that dont have anything to do with whether Bitcoin will get back to $100k before a proper bear market or not. However it is not any time we see a correction, we scream bear market, all this shift are expected in the crypto market and if it so turned out to be the real Bear trend, then you know you most have been preparing for it all the while you where trading and dont be caught up. Lets not forget that this season, there where more Institution Investment into Bitcoin and other cryptos and I am hoping that this will change the nature of the length of the bear market if it does commence.   

I would expect a post like this from a complete beginner, but not from someone who has been a member of the forum since 2017. The cryptocurrency market is not as stable as, say, the gold market, so everyone should accept sudden price changes and not start immediately with stories that a bear market is starting.

We are in less than 1 year after halving, and in a year when institutional players are entering huge amounts of money into Bitcoin, so the best is yet to come.  Consequently, all those who want a more cheap BTC do everything in their power to create fear, uncertainty, and doubt (FUD) and thus lower the price. Judging by the comments I read yesterday and today, they succeeded in that - so everywhere we have questions about how long the bear market will last - and we are in the middle of a bull market that has experienced only a minor correction.

Recover from what? So at the beginning of the year the price of 1 BTC was around $30 000 - who with a little common sense can say that $55 000+ is not more than a satisfactory price at the moment?

Maybe if you had taken time to read and understand the nature of most comments here you would have save yourself the trouble and find interested people elsewhere,
the only thing you will get is either negative or discouraging post, or trolls doing there thing,
if i may ask why you say the process of buying $helmet is not straightforward! perhaps you can share more details here if you find any, i will also do my due diligent regarding the project.

The pumping of any token or coin will consist in the fact that some group of people will buy this cryptocurrency at the current low price and thereby increase the demand for it and its price. And where is the guarantee that some other group simply will not use this to sell this cryptocurrency at an increased price? They will get their profits, and the last investors will be at a loss. No, these games are not worth playing. It's just a gamble. As a rule, such a deliberate increase in the price of a cryptocurrency then leads to the same sharp correction and then a fall in its price.

I don't think you will get enough person here OP. You're just starting another Pump and Dump group but blatantly announcing it instead of shitposting links to a telegram. You're just replicating WallStreetBets.


But the problem here is that finding that "good" project. There's already been cases were seems to be good projects ends up scamming users. There even projects handled by reputable campaign managers that ends up being a failure or a scam. So saying "invest in the legit ico" is better said than done.

what make you believe if $helmet and ramenswap will make your moeny grow from $500 to $500K ?
because people need a strong reason to buy altcoins especially for a new altcoins mate

What do you mean? haven't you seen the meteoric rise of Ethereum as well? Or ADA? Or Polkadot? or even BNB? Time has change, even if bitcoin's dominance reaches $60% or higher, still altcoin market can be in the bull run as well. And then we have the whole defi as well, billions of dollars are being lock for staking. So I guess you need to look and investigate further before you claim that we will not see a year of the altcoins.