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981  Bitcoin / Bitcoin Discussion / Re: How to fight with FUD about Bitcoin on: June 17, 2023, 09:56:11 PM
In this scenario, it's best to address their arguments directly within the thread. Even if you were to engage in private conversation, it's unlikely that they would be swayed. It's more effective to present your counterpoints with accurate information in the public forum. By doing so, the general audience will be able to witness their misguided views regarding Bitcoin and hopefully recognize the fallacies. It's important to note that there are numerous individuals who actively propagate negativity and misinformation about Bitcoin. Engaging in the thread is an effective strategy to counter their claims and provide accurate information, thus debunking their falsehoods.
982  Bitcoin / Bitcoin Discussion / Re: Without money, the knowledge is a waste on: June 17, 2023, 09:49:46 PM
Indeed, both knowledge and money are crucial for advancing and establishing your empire. Without either one, progress becomes difficult to achieve. This is particularly true when it comes to cryptocurrencies, as money plays a vital role. While it is possible to earn some income through leveraging your knowledge in marketing or other areas, the potential for substantial earnings is limited. To seize the opportunity to invest in cryptocurrencies at the right moment, having sufficient funds is imperative. Unfortunately, I missed out on accumulating assets during this bear market because I lacked the necessary funds.
983  Bitcoin / Bitcoin Discussion / Re: Crypto exchanges on: June 13, 2023, 07:38:02 PM
The current circumstances make it increasingly challenging to select a reliable centralized exchange. As a result, I now lean towards using decentralized exchanges (DEX) to ensure the safety of funds. Storing funds in a centralized exchange is no longer considered a secure option. However, I must admit that I have been utilizing Binance as my primary centralized exchange and haven't explored other centralized platforms extensively. Occasionally, I utilize DEX platforms to accumulate certain tokens. Therefore, if you are contemplating using a centralized exchange, I would recommend refraining from storing funds there. Instead, use it solely for purchasing tokens or coins, and promptly transfer them to your non-custodial wallet for enhanced security.
984  Bitcoin / Bitcoin Discussion / Re: Bitcoin is the best career for women on: June 13, 2023, 07:27:01 PM
Indeed, it is undeniable that there is a significant presence of women in the crypto industry. Throughout my experiences in crypto marketing, I have had the pleasure of meeting numerous female crypto marketers who have exhibited remarkable strength and expertise. However, this doesn't necessarily imply that a career in crypto should be exclusively considered for women. Engaging with Bitcoin or working in the crypto space doesn't require a substantial amount of additional time investment. These activities can be conducted online from anywhere in the world. Of course, if someone faces family-related challenges, such as taking care of children, regardless of their involvement in crypto, it becomes a distinct matter. In such cases, prioritizing the well-being of children should be the primary concern, regardless of one's connection to the crypto industry.
985  Other / Beginners & Help / Re: Tips on crypto investment on: June 12, 2023, 07:06:15 PM
In my opinion, the most crucial rule when it comes to investing in cryptocurrency is to only invest what you can afford to lose. The crypto market is known for its instability, and there have been instances where certain coins have plummeted to zero value. As an investor, if you hold such coins, you run the risk of losing everything. This advice holds significant importance for all investors, and it is essential to remember that anything can happen in the world of crypto. Therefore, it is advisable to adhere to this rule consistently and exercise caution at all times.
986  Alternate cryptocurrencies / Altcoin Discussion / Re: BEP20 OR ERC20? Preferred token on: June 12, 2023, 06:52:29 PM
Considering the present circumstances, I would advise exercising caution when dealing with BEP20 tokens due to the issues surrounding Binance. While the tokens themselves may be safe, people have become apprehensive about them. In terms of security, ERC20 tokens are generally considered more reliable than BEP20 tokens. However, it's important to note that there is a significant disparity in transaction fees between the two. Ultimately, the choice of which chain to use depends entirely on the project's specific requirements and preferences.




987  Bitcoin / Bitcoin Discussion / Re: My friend interested in investing in BTC but the friend's father does not agree on: June 12, 2023, 06:42:23 PM
To begin, I would suggest emphasizing the importance of focusing more on his job. As he is already established, he has the opportunity to invest in Bitcoin as a result of his work. Investing in Bitcoin will not interfere with his job responsibilities, as it simply involves buying and storing it in a secure wallet. Considering the current situation, he can allocate a portion of his savings each month to gradually acquire Bitcoin. It's important to note that investing in Bitcoin should be seen as an additional investment due to its high volatility. This way, he can mitigate risks and ensure that he doesn't have to sell his holdings in case of emergency situations.
988  Economy / Speculation / Re: Take advantage of the price fall. on: June 12, 2023, 06:24:03 PM
Currently, we find ourselves in an accumulation phase, to be frank. However, it's important to acknowledge that some individuals are bold enough to accumulate assets even during a bear market. They believe that the market will continue to decline and choose to wait for that moment. Unfortunately, such individuals often end up purchasing assets at high prices and subsequently regret their decision. Presently, the market is experiencing a significant downturn due to a multitude of negative news. Nevertheless, I am confident that in a few days' time, the situation will become clearer, and the market will regain momentum. Therefore, those who have the courage to accumulate now and are willing to take the risk may reap the benefits in the long run.
989  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin must surpass gold on: June 11, 2023, 07:10:03 PM
I don't prefer comparing Bitcoin to gold as they are fundamentally different. While gold is a tangible commodity that exists in the physical world, Bitcoin is a digital currency that exists virtually. Currency, including Bitcoin, holds a stronger position than gold because it is necessary to acquire goods. In essence, currency is inherently stronger than gold. Furthermore, Bitcoin possesses even greater strength in this regard. The price of gold tends to rise because people view it as a store of value. On the other hand, Bitcoin's value increases primarily through investor trading and profit-making activities.

990  Bitcoin / Bitcoin Discussion / Re: The role of Bitcoin in eliminating unemployment in our country on: June 11, 2023, 07:01:13 PM
Bitcoin and cryptocurrencies play a role in reducing unemployment, although their impact is not particularly significant. However, they do assist many individuals in meeting their family expenses. Numerous people engage with cryptocurrencies and earn from them, although these activities should not be regarded as full-time employment. I am aware of numerous individuals who work on crypto exchanges and platforms, but their numbers are not substantial.
991  Bitcoin / Bitcoin Discussion / Re: Gensler can destroy the U.S. crypto industry but he can’t kill crypto on: June 11, 2023, 06:15:35 PM
The ongoing attack on the crypto market is the most significant one yet. The SEC  filing lawsuits against Binance and Coinbase, it represents a critical moment for the entire crypto industry. Surprisingly, despite these challenges, the market hasn't experienced a significant decline, thanks to the unwavering confidence of investors. As we move forward, the market is poised to rebound even more strongly, regardless of whether the SEC or the crypto industry emerges victorious. While the SEC has the power to potentially disrupt crypto within the United States, it cannot eradicate it entirely. Lately, people have expressed regret towards the SEC, and if the regulatory body continues to create obstacles, it's likely that US citizens will increasingly turn to decentralized exchanges (dex) as an alternative.
992  Bitcoin / Bitcoin Discussion / Re: Bitcoin's market position inflation corrected on: June 11, 2023, 06:01:12 PM
Are you curious about why the price of Bitcoin has increased in relation to fiat currency inflation? It may seem contradictory since Bitcoin is also part of the economy and can be affected by inflation. However, the price of Bitcoin has risen primarily because of increased investor interest and demand. Bitcoin has a limited supply, and with more people investing in it, the demand has surpassed the available quantity, leading to a higher price. This is the fundamental reason behind the price surge.
993  Economy / Service Discussion / Re: [OPINIONS NEEDED] Software to assist campaign managers on: June 10, 2023, 08:36:38 PM
I'm not entirely familiar with the algorithm of the bot you mentioned, but I don't hold much hope that it would be beneficial for managers who enforce strict post count regulations. Each manager has their own set of rules for managing campaigns and ensuring post quality, often imposing restrictions on participants. As companies pay managers to maintain a flawless operation, I believe it's the manager's responsibility to put in the necessary effort to ensure campaign quality. Otherwise, companies could manage these campaigns themselves by employing bots like the one you mentioned.
994  Bitcoin / Hardware wallets / Re: How do I secure my wallet on: June 10, 2023, 08:23:48 PM
It is essential not to be mistaken or confused about this matter. It is strongly recommended to opt for a hardware wallet, especially one that is open source. It's important to understand that exchanges should not be considered as wallets. While exchanges provide services for depositing and withdrawing funds for trading purposes, the actual custody of your funds does not remain with you. You have to rely on the approval process for deposits and withdrawals, which may involve waiting periods.

Using an exchange as a third-party wallet should never be seen as equivalent to having your own wallet. By doing so, you are exposing your funds to unnecessary risks. To ensure the security and control of your funds, it is highly advised to use a dedicated hardware wallet. This way, you can have full ownership and protection over your cryptocurrency assets, minimizing the chances of potential loss or compromise.
995  Bitcoin / Bitcoin Discussion / Re: Is Crypto another form of gambling? on: June 10, 2023, 07:59:20 PM
In my opinion, while crypto may not be inherently equivalent to gambling, it can be compared to a gamble due to certain similarities. One aspect that aligns with gambling is the uncertainty surrounding future price movements. When engaging in crypto investments, we cannot accurately predict how the prices will fluctuate, and we rely partially on luck to achieve favorable outcomes.

However, it is important to note a significant distinction between crypto and traditional gambling. In gambling, if you lose, you typically lose all of your wagered amount. Conversely, in crypto, if you purchase, for instance, 1 BTC, you will always retain that 1 BTC, regardless of its fluctuating value. So, while the price may not be stable, the ownership of the cryptocurrency remains constant.
996  Bitcoin / Bitcoin Discussion / Re: Which platform is safe to store Bitcoin and can’t be hacked ? on: June 10, 2023, 07:51:44 PM
I'm curious about your motivation for seeking a 'platform' to store your cryptocurrency. Instead of relying on a third-party platform, why not consider using your own wallet? I suggest opting for a non-custodial wallet with open-source software. A superior alternative would be a hardware wallet like Trezor, which is also open source. By using a hardware wallet, you would have complete control over your funds, unless your seed is compromised. Therefore, I strongly recommend using a hardware wallet and avoiding any platforms that claim to offer secure storage for your cryptocurrency.


997  Other / Beginners & Help / Re: Established members and newbies on: June 08, 2023, 08:27:13 PM
To become an established member, it's not necessary to create merit posts. Established members are not adversaries to newcomers. While making good posts doesn't guarantee merits, valuable contributions may receive them. Rather than creating threads solely for the purpose of acquiring merits, it is more beneficial to concentrate on contributing meaningfully to the forum. Enhance your knowledge of cryptocurrency and generate high-quality posts. Blaming others will not assist you in advancing your rank.
998  Bitcoin / Bitcoin Discussion / Re: Best open source hardware wallets for BTC? on: June 08, 2023, 08:20:28 PM
I have been using a Ledger device to store my cryptocurrency for quite some time. However, as I consider storing a significant amount of funds, concerns have started to arise. The fact that Ledger's code is not open source raises doubts about what might be hidden within it. Consequently, my sense of security with the Ledger device has diminished. As a solution, I am now contemplating acquiring a Trezor wallet, which has a reputable standing and is open source. With an open-source wallet like Trezor, there are no hidden vulnerabilities that could be exploited to steal our cryptocurrencies. Therefore, I have made the decision to transfer my crypto holdings from Ledger to the Trezor wallet in the near future.
999  Bitcoin / Bitcoin Discussion / Re: How safe are physical exchanges in your neighborhood. on: June 08, 2023, 07:29:30 PM
Bitcoin and other cryptocurrencies are not legally recognized in my country, making physical exchanges impossible. Consequently, I am wary of engaging in physical crypto exchanges due to the potential risks. Both criminals and government authorities can swiftly target individuals involved in such transactions, leading to significant troubles in their real lives. Thus, it is advisable to utilize online trusted exchanges for cashing out or purchasing cryptocurrencies. It is imprudent to willingly subject oneself to unnecessary troubles.
1000  Bitcoin / Bitcoin Discussion / Re: What can we do, should do, or not do as Bitcoin supporters at this time? on: June 08, 2023, 07:06:09 PM
The allegations brought by the SEC are not limited to Binance and Coinbase alone. They can be seen as an assault on the entire crypto industry. As a result, cryptocurrency users have already recognized this as an attack against the industry. Although there was a notable price drop, it managed to recover within a few hours, especially Bitcoin, which rebounded swiftly. However, certain altcoins like BNB are currently facing challenges in recovering, but it is hoped that they will regain stability soon. It is crucial for all cryptocurrency users to stand in solidarity with the crypto industry and voice their opposition to any form of attack. This is the collective action that we should take at this moment
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