You can also just disable JavaScript altogether if you're using Chrome for a bit more security. You'll be able to do this by going to your Settings tab through the three dots near the top left of your Chrome browser, and searching 'JavaScript' in the search box that comes up. The only other Chrome web extensions I run besides that are EditThisCookie for adding, removing and editing of cookies on websites as well as uBlock Origin. You really don't need a ton of extensions on Chrome for better accessibility and productivity, and you'll have better security using just a few select ones.
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I would be highly suspicious of whatever project you're looking at if there's only one bounty campaign participant, as most of them around here have hundreds of participants by the time they're finished. As for whether or not that one person's going to receive all of the rewards allotted for the signature campaign, it likely varies by campaign but I imagine one participant's not going to get it all. Ideally the rest of it is kept for other promotional activities or is potentially burned so it can't be used in the future.
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Not too worried if another bear market cycle comes around. I've got a solid job at the moment so I'm able to dollar cost average BTC and a few major altcoins weekly or monthly, so I'll keep accumulating through those times. I've never been been worried about not buying at the absolute bottom or selling the absolute top, either- I scale in and out of coins as necessary, and it's extremely hard to catch exact tops and bottoms as well. My portfolio value has indeed dropped a bit since 2017, but it's coming back up and I'm using the new knowledge I've gained since then to make better decision this time around.
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Trying to trade that much crypto without ID even on an exchange like Binance or Kucoin's likely going to raise red flags, and there's a chance you might end up needing to provide some sort of KYC even using a non-verified account with the limits those two exchanges offer you. I'd agree that your best bet's going to be to find someone trustworthy you know that's not a minor that can provide verification so you're free to transact on exchanges with higher limits.
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If you're looking for another bot that allows you to arbitrage trades between exchanges, Haasbot also allows you to do this through their Inter-Exchange Arbitrage Bot (click here for link), though I'm currently not a user of Haasbot and I have more experience with Gunbot. Arbitrage is definitely profitable if performed well and with well-tweaked settings, but you'll likely have to do some tinkering with settings on your own to optimize things.
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Has anyone seen anything on the Nexo site that would lower APY for balances with/over a certain amount of Bitcoin like what BlockFi does (lowering to 2.2% APY for accounts over 10BTC)? 8%'s definitely more than what BlockFi offers, and if you're willing to take the risks of putting your funds in their hands it might not be the worst option out there for earning interest. I wouldn't personally ever use any of these platforms, but it does look interesting.
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I'm not religious either, nor are any members of my family, though most people in my family are still against gambling, though I still gamble and I don't see anything wrong with it, and as Avikz mentioned, there's actually positive economic benefits that can be indirectly or directly attributed to profits from gambling, though not in all cases. Calling money from gambling 'dirty' is therefore a pretty old-fashioned view on things in my eyes, and the only funds I would really call dirty would be funds obtained through illegal activites such as fraud.
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Filled out the form. The only major ICO I ever remember investing in and being a part of was Iconomi back in 2017; I got a pretty good amount of tokens from participating in their bounty campaign, which was my first and second-to-last time I ever participated in a non-bitcoin payment signature campaign, and though it seems like they've ceased trading as a token and they've switched over to some other security token of some sort, I remember selling at nearly a dollar which was also the most I've ever made from an ICO considering I acquired the tokens at pennies each (or actually a bit less if I remember correctly).
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Seems like a very new exchange considering Coinmarketcap says WhiteBit was established in 2019, though CoinGecko and the Twitter account that seems to represent WhiteBit say the exchange went up in 2018- either way, there's really no way to know how good the site's security is, and I wouldn't take the word of a small and relatively new exchange. Even if an exchange is 'secure', though, please store funds you're not actively trading off-exchange on a wallet you own. There's no guarantee you'll get compensated if a site suffers a serious security breach that ends up with coins stolen, and it's overall just less risky holding funds yourself rather than on any service.
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You'll have to ask your parents to do that for you. I know/knew minors that were interested in BTC as well, and the most I could do for them was to convince their parents to buy a bit of BTC for them. Those parents were naturally a bit hesitant, and some didn't end up buying BTC for their children, but it worked out for some of 'em.
If your parents allow you to buy BTC, you could try signing up for an exchange that allows you to purchase BTC with a credit card like Bitstamp and acquire BTC through there, or potentially through a site like Paxful or LocalBitcoins where you can buy BTC with PayPal. Very few places allow you to buy BTC with a credit card without identification because of fraud, though, so you'll also need your parents to provide that if you want to buy BTC with a credit card.
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Trading on news is unreliable in my experience as things are often blown out of proportion or things are sometimes just completely misreported. You're going to be much better at trading learning and using TA instead of relying heavily or solely on news for your trades IMO, though you might also have some success trading using news.
As for TradingView, the site can be a good resource for learning some basics of trading, but you're going to be much better off finding real resources to understand TA and whatever exchange you plan on trading on rather than just looking at other peoples' analysis- you should be using your own TA as much as possible IMO. You'll never really learn if you're completely relying on somebody else's analysis, though it's you can learn and use some things from other traders.
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I've always found BTC best to trade for my strategies; I've never really had great luck trading alts overall, though I've also mainly been trading primarily BTC/USD pairs or the XBTUSD pairs and XBT futures on Bitmex for quite a long time. There's just not as much liquidity on most alts which means a few entities can pump and dump at will; that doesn't mean you can't make profit on alt pairs though. My trading strategies just aren't as good for alts.
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I like keeping track of my wins and losses; I do so for trading, so it's natural for me to at least keep a mental count of the losses and wins that I've had at least in the near future. I've had several large wins in the past, but I typically never forget the losses (sometimes a bit large) that happened before a major win. It's definitely worth winning even if you take a small loss sometimes IMO, though if you're still deep in the red after a large win that's a different story.
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Everybody eventually loses. Nobody's ever 100% accurate in trading, and as extasie mentioned, there's often liquidations of positions of $10 Million on Bitmex whenever large moves happen in one direction or other, though ideally you set stops before liquidation to save on fees. AFAIK the risk limits limit the amount of amount of contracts you can have on one contract on one account at a time to 10 million contracts, though people likely make multiple accounts to circumvent this (and people do this for hedging purposes as well).
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Nope. I generally don't tell people I gamble, and some of my friends don't like the fact that I gamble, but for the most part gambling hasn't changed my reputation much at all. I do know irresponsible gamblers who have had their reputations changed due to gambling more money than they can afford to lose, though. My parents likely care the most that I gamble, though they also know I'm mostly a responsible person and they don't worry too much about it as a result.
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If you're just using a small amount of non-essential funds and you're enjoying running your martingale strategy, I don't see anything wrong with this. I'm really not one for running strategies on casinos because you're just going to lose in the long run anyways and I'd much rather just place my own bets with my own discretion, but as long as you realize the risks associated with this strategy, this is fine.
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A lot of the time, actually. I mostly bet on esports matches, especially CS:GO matches, and there are often times when the odds are just too good to pass up for the underdog, and there are also plenty of massive upsets in CS:GO, whether it's in the major or minor or in other tournaments both small and big. I still mostly bet on the overdog, though, because that's what my analysis usually tells me, but there are times when the r/r is great for a small bet on the underdog.
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Anything in life that offers returns too good to be true for the amount of risk you're taking by attempting to get those returns is likely not legitimate, or there's string attached that aren't clearly stated. Do your own research and decide if something's worth investing in, don't ever just take the word of the project you're looking at. Almost all of the crypto-based projects with insanely good returns or promised returns that I can remember have turned bad for investors.
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It's rather unfortunate that the cryptocurrency space has been converted into a dumping group for everything. Most projects don't even have the slimmest idea on how to go about the project and are raising funds from the investing public. One of the reasons why issues like this are prevalent is because of the ease of creating tokens and smart contracts which has given everybody a chance to test run their skills in fooling the public.
The good news is that a ton of the people that were around from 2017 when alts exploded upwards and then crashed right back down have learned their lessons, but there's indeed still a large number of newbies to crypto that are investing in dubious projects simply because they believe anything related to blockchains and cryptocurrency means a quick buck and profits. Hopefully people won't get burned as badly this time around if alts shoot up again and people starting fomoing at high prices, but it's definitely possible.
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I'm still mining occasionally, though to a much smaller degree than I used to mine because my electrical costs have changed and it's now mostly unviable for me to mine most crypto profitably now. I've tried staking in the past, though I found mining was much more interesting than staking and profits were relatively low even though you don't need a whole lot to start staking coins as others have said here. I'd definitely start mining again if I moved to a place with a cheaper electrical rate or if I had access to cheaper electricity, though.
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