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Yes and no. I do know some people who are of lower intelligence, and they will continuously make bad decision and will never really be able to dig themselves out of perpetual rut. This is not there fault, most are nice people, but it's what the genetic dice gave them.
But to be wealthy luck, environment, life circumstance also plays a major, major role. So there are a lot of smart people who are poor.
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There are always going to be hackers and scammers with anything that has to do with money and computers. But as an individuals all you really have to do is practice common sense and take safety precautions. It's simple as that.
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It really depends on the disability. Can the person do things for themselves, or do they require around the clock care, and so on. If so they are greatly dependent on their whoever assists them, and whether that person is trusts worthy. Also disable people are big targets for criminals, and if disable people having crypto became a norm, it could be dangerous for them.
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It's difficult to trust exchanges. They do so many shady things now like pump and dumps. For example: they will block all incoming deposits for a certain coin so their own bags can be dumped on the market. It's very difficult to trust these low cap coins with all the pump and dump action, thats why I prefer to stay in btc.
That reminds, yesterday I was going to sell some of this coin that I hold on Bittrex, but once again it was under maintenance. I forgot about it, looked at the price and it's down today. So annoying. |
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I like how this post has been active for months. Anyhow, an update on my story. I bought more in the dip  But it has been dipping ever since. |
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I try to hold all the coins I get. I'm not in a desperate need for money, and losing on potential would hurt.
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I would wait a few days. Usually new listed coin has dumpers and the prices falls a little. Also you should look into seeing if the coin has a future.
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A lot of people find themselves in this situation. I have found myself in somewhat similar situation in that I needed to find a new place in days. You're completely out of your element, your environment is dictating your next move, and by that you should understand that eventually it's going to be over.
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I wouldn't say weak, since it's probably being traded more than ever, but definitely a sad disappointing period.
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2015 - $200+
2016 - $300+
2017 - $700+
2018 - $5000+
What I see is that the price grew too fast. 2018 should be something like $1200, and so a correction. |
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There is no such thing as safe trading, the best you can do is minimize risk. In not being reckless you will at least give yourself a chance.
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Just visualize life without paying taxes. There would be no money for society. What you really want is for you in particular not to pay taxes.
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Seems like an interesting concept. The airdrop is 40 TSMs, but how many TSMs are there in total?
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Money. With money you can at least get a hooker.
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For now I would just hold it in Bitcoin. I'm tired of investing and then the price going down against Bitcoin.
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I don't know the answer, but you have so much control in terms of limiting things that eat up a lot of memory. For example I see a lot of people have their bluetooth on, even though they don't have any bluetooth device. I see people with their data, wifi on, even though they don't use the internet. These are normally older people.
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Personally I don't think it's a good idea because the vast majority of people, the regular public would be confused by it. You have Bitcoin, and now there's this other thing called Bitcoin cash.
Also Moore's Law is pretty much dead in the next few years.
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A few weeks ago I read something about Amazon developing a AI algorithm that is beyond anything available now in linking Bitcoin addresses, tracing them to users. Including address and such. And they will provide this service to the IRS. So I don't think many Bitcoin users will be for that invasion of privacy.
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Financial management is actually in us that can control it. because now our finance depends on our own who manage to get a profit or investment. do not lust and there are sizes and limits
I also think that it totally depends upon the person, as far as I know getting free money is different from working hard to get it because once you work hard to earn money you tend to take care of it and you don't easily want to spend it to useless things you try to comprehend your priorities to be able to know which of it is you're going to put first when it comes to spending. But when it comes to free money you always tend to use it for your self as a reward or something for the things you've been working on your life. For me it's different. I've had so many horrible jobs, so I simply value money, whether it's free or I got it from working. It's all part of the same. So I would not frivolously spend free money. Though I wish I would some times. |
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Obama, Trump, and Putin.
Worst leaders, Hillary, Romney, Bush.
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