I'm uncertain whether you're being truthful, but if you are, you've done an excellent job. The sum of money involved isn't really the point; what matters is the effort you've put into embracing Bitcoin. By doing so, you've piqued the interest of newcomers who may be inspired to conduct further research. As these individuals are rewarded, they may in turn invite others and help spread the word about Bitcoin, thereby promoting its adoption. So keep up the good work and continue promoting the use of Bitcoin; you don't always have to give something away to do so.
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Investing in cryptocurrency can be straightforward: only invest what you can afford to lose. While Bitcoin has gained the trust of enthusiasts, there is still a possibility of loss due to the volatile nature of the market. Therefore, it is essential to be cautious and patient when investing in Bitcoin. Although the price may drop, it is unlikely to reach zero. Nevertheless, being prepared to face potential losses is a vital part of the investment process.
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Bitcoin has become an integral part of the global economy, whether we acknowledge it or not. The traditional fiat system has always been at odds with Bitcoin and this conflict is likely to persist indefinitely. The reason for this is that Bitcoin is a truly decentralized cryptocurrency that cannot be controlled by centralized economists. This poses the greatest challenge to Bitcoin. Another issue is that people often view Bitcoin solely as an investment asset, when it should be regarded primarily as a currency for borderless transactions. Therefore, we need to treat Bitcoin as a proper currency and then consider investing in it.
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Congratulations my friend! What an excellent accomplishment! It's fantastic to hear that you were able to purchase your dream phone using crypto that you earned. Your achievement is an inspiration to other forum users, demonstrating that hard work is the only path to success. The forum offers wonderful opportunities to earn through signature campaigns and other methods, but you must be a valuable contributor to reach your goals. As you have updated your phone, continue to update your knowledge and skills, and stay active.
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Thank you for sharing this which now has a lot of questions in my mind and made me confused. Is the 2FA verification will really be bypassed by this malware? the OTP code that sends to our mobile number and the email verification process. Perhaps --those accounts that don't have these extra security levels will be affected by the malware infection, I am right?
Perhaps, your computer must always have extra security level protection against this. Use anti-virus and anti-malware software that is reputable software on your computer, and keep it up to date with the latest virus definitions and also use a firewall --it can help to prevent malware from accessing your computer by blocking unauthorized incoming and outgoing network traffic.
There's nothing particularly surprising or confusing about this. When you log into an exchange, they typically require you to use two-factor authentication (2FA). However, hackers have developed tools that allow them to withdraw funds from your account using your 2FA code, whether it's a Google 2FA or SMS 2FA code. They accomplish this by using malware to input your 2FA code on their withdrawal page, thereby making the withdrawal appear legitimate. This is how even the Electrum wallet was hacked. You can look it up for more information.
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It's important to note that the projects we're discussing here are considered mainstream and not to be classified as "shit coins." However, with the ongoing trend of decentralized finance (defi), we have seen some emerging AI-based cryptocurrencies that are worth keeping an eye on.
It's difficult to guarantee that all of these cryptocurrencies will reach their all-time highs (ATH) again, but it's possible that a select few may do so, particularly if Bitcoin reaches its ATH again. Furthermore, these cryptocurrencies have established large communities, and when the bull market returns, we can expect people to flock back to these projects to earn some decent profits.
Nevertheless, predicting the crypto market's behavior is always a challenge since the nature of crypto is volatile. We must be cautious and keep a watchful eye on the market's movements.
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Taking risks involves uncertainty about the future. We cannot predict with certainty whether we will gain or lose money. While we don't always need to delve into the specifics, it's important to understand that taking risks means putting our funds at stake. It's akin to playing a game, where some individuals come out on top, while others suffer losses. As I cannot accurately forecast the direction of prices, I consider myself a risk-taker.
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Are you talking about selling Bitcoin? Yes, I sold at the recent top of $28.5K and am waiting for a dip to accumulate again. That's how I manage my portfolio, although it's risky to miss the bull trend. I have to make a profit somehow from my holdings and not hold onto them forever. You could say it's a form of trading, but not short-term trading. However, everyone's thoughts and approaches to making money are different, so the way I do it may not be the same as others.
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In addition to spreading misinformation about Bitcoin being solely an investment asset, we are also failing to educate people on its technology and potential applications. This narrow portrayal is quite misleading, as it causes people to become apprehensive about the volatility of Bitcoin. While investment in Bitcoin is one possible use, it was not the primary purpose for its creation. Therefore, it is crucial that we disseminate accurate information about Bitcoin to dispel any economic fear, including its technological features and potential applications
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It's becoming challenging to comprehend all of your inquiries, but from what I understand, you're asking about what to do if you come across a lost wallet with an unknown owner. Although this situation is unlikely to occur, if it does happen, there may not be a feasible way to track down the rightful owner. However, if you're an honest individual, you could consider donating the funds to charity. It's important to avoid moving the funds for an extended period because the original owner may have a duplicate set of private keys and may be holding onto them.
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Welcome to the board! Most of us here are Bitcoin investors. It's great to see that you were able to convince your parents to invest some cash in Bitcoin. I know it wasn't easy to convince them. However, just make sure that your holdings are secure with a non-custodial wallet. Do not store your funds in any exchange or centralized wallet. It would be better if you could afford to get a hardware wallet. I am not sure if you can make money until the end of December since Bitcoin is a highly volatile cryptocurrency. But, if you intend to hold for a longer time, you will definitely be a gainer. We will wait to hear from you during the next bull run
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As we are aware of the current global inflation, it's highly likely that banks are experiencing financial difficulties, resulting in a decrease in money circulation within the economy. This situation doesn't bode well, and it's not great news for Bitcoin either. As we've seen in the past, when Silicon Valley went bankrupt, it had a negative impact on Bitcoin. This could be due to the fact that Bitcoin is a relatively new asset class, and its value is often tied to market sentiment and investor confidence. Therefore, any negative news about the economy or financial institutions can have a ripple effect on Bitcoin as well.
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You can read the full details here: " New Virus Automatically Empties Crypto Exchange Accounts" - this is the topic title used from that article. However, we know that malware is quite dangerous for crypto users, mainly because they tend to visit various sites such as gambling and porn. It is easier to attack crypto users through porn sites. But it seems that this new malware is more dangerous than previous ones. It can obtain your two-factor authentication by tricking you, so be careful, guys. It has been suggested for a long time not to store your crypto in an exchange. Instead, use a non-custodial wallet or a hardware wallet so that malware won't damage you when you are using a hardware wallet. Even a non-custodial software wallet isn't safe from malware if both are on the same device.
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The decision of when to buy Bitcoin does not have a universal answer. It is subjective and depends on individual calculations and considerations. One should purchase Bitcoin when they feel it is the right time for them based on their analysis. Factors such as market trends, personal investment goals, and risk tolerance should be taken into account when deciding when to buy.
For instance, my strategy is to buy during a significant market downturn as I have observed Bitcoin's price usually surges after such an event. This approach aligns with my expectations and personal calculations. It's essential to establish specific goals for buying and selling to maximize profits.
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It can be challenging to convince someone who is skeptical about the future of Bitcoin. Despite their familiarity with Bitcoin, they remain doubtful about its long-term prospects. Attempting to sway their opinion can be difficult, but providing them with a historical perspective on Bitcoin's price movements and technical aspects may help. However, it's essential not to invest an excessive amount of time or effort into persuading them. Alternatively, you could introduce Bitcoin to new individuals as a means of adoption.
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If you ask me, then yes, the reality is that there are women involved in crypto. I have a couple of women friends whom I met online, and they are involved in crypto trading. There is no clear data on how many women are involved in crypto. Most probably, centralized exchanges would have some clear data since they verify identity. In a little search over the internet, I found that 26% of crypto users are women. But this data is not accurate; it's just a survey that was conducted by Gemini exchange. However, I assume that the actual number of women crypto users overall would be less.
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I'm wondering if Airdrop is still profitable nowadays. It's surprising that people involved with Airdrop don't know they shouldn't enter their seed or private key to participate in Airdrop. When will they learn? Or is it just bots doing Airdrop? However, I am not a fan of Airdrop anyway. It's just a waste of time, and I don't think it's profitable for projects to give free tokens to Airdrop participants, which often leads to the dumping of the project. It's better not to be greedy for free money and stay safe.
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To begin with, I strongly advise against investing in newly launched projects that aren't mainstream. Most of these projects are just looking to raise funds without any solid foundation, making them a potential scam or rug pull. Additionally, it's crucial to ignore any fear, uncertainty, and doubt (FUD) in the market and continue to move forward. There's a lot of fake FUD surrounding the cryptocurrency market, and succumbing to panic can hinder your ability to profit from it. As an investor, you must remain a steadfast believer and holder. Lastly, exercise caution when selecting altcoins to invest in, and steer clear of any shitcoins.
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I often see these types of threads when Bitcoin starts pumping. Anyone here can't answer perfectly where the bottom of Bitcoin's price is. If it were possible, then it would be easy to become a millionaire. So, you have to take your own risk when you are considering investing in Bitcoin. The current price could be a bottom or it could dump; we don't know exactly. People thought the same when Bitcoin was being traded around the 16K zone. So, analyze yourself accordingly and decide what you should do.
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Despite the persistent FUD surrounding Bitcoin, nobody has been able to halt its progress. Making money from Bitcoin can be challenging for those who are easily discouraged, as when the value of Bitcoin drops, panic sets in and people start selling, causing a further drop in value. This can make it difficult to accumulate wealth. Even if you have been involved with Bitcoin since its inception, you may have sold it before realizing significant profits. However, as time goes on, we learn and gain more confidence in navigating Bitcoin's volatility, allowing us to take advantage of its potential gains. Therefore, if you are invested in Bitcoin, you are on the right path.
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