Nowadays it is hard which one worth to invest, so it is better to make your own research before investing. People compete to buy worthless NFT but surely some of them will be profitable due to obvious Hype on the industry.
So people are buying bunch of "worthless" NFTs and hopes that they will make some serious profit in the future because of the "hype"? You see where the problem is? The whole NFT thig is being hyped. Most of the people aren't buying because they want to "digitally own" the original copy (another thing that makes no sense to me). All I am seeing right now is celebrities and influential people making all those huge profits. Not sure what the future holds for NFT, but if the hype ends, the whole NFT thing is going to end very badly. |
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I am not a professional trader or experienced trader but at least I understand the risks and also all the consequences in trading "even though today is the first time trading". I plan to fight myself against curiosity. no harm in trying right? if I just stand by without Doing It then I will never know what experience is. first capital $100 and also ''ready to lose money''
I only use CMC + CoinGecko as the first material to analyze coins and also PooCoin.
any suggestion? some kind of tool/indicator for trading?
The best way to learn is through trading by yourself. Use your $100 to invest in some coins and start trading. You will make a lot of mistakes and will probably half of your money in just few days. Now use those mistakes and experience to make yourself a better trader. Learn from it and you will eventually get better. Just reading and watching videos on youtube won't get you anywhere. Gain knowledge and practice at the same time. |
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You should link your source as this will help others to know more about it. Anyway, this was expected. Not surprised a bit. Based on how messed up their current economy and their currency is, bitcoin is actually their best option right now. The sanctions are also making it hard for Venezuelans, and bitcoin being borderless and decentralized makes it easier for them to make cross border transactions. Didn't their own government make a new crypto called Petro which is backed by oil? As far as I know most people think that the coin is all sham and actually backed my nothing.
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During trading no one knows "when is the right time" to sell or buy. You just predict what is going to happen next. To do this, you need to keep yourself updated with the market. You need to know what's going on and what is going to happen next with the project. You need to read the charts and the indicators (moving average, relative strength index, Fibonacci retracement and so on). You those information to know what to do next. But don't forget, crypto market is very unpredictable and you shouldn't be surprised when you see the exact opposite of what you think might have happened.
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That's because no single person or group of persons is or are in control of Cryptos, it's called Blockchain technology
Using blockchain doesn't mean it makes the network decentralized. There are centralized coins/project that utilizes blockchain technology. Centralization/Decentralization depends on how the network has been formed/structured. In the Crypto space, such is not possible because any amount that leaves your account can be monitored and traced by anybody at all
So stealing with Cryptos is almost not possible
There are privacy coins that helps to keep you totally anonymous. And you can still steal with cryptos. Lots of people are getting scammed everyday (for stupid reason), and they can't do anything to recover their coins.
That's why Bitcoin of $10 today can turn $14 in 14days time but your $10 in the bank will reduce to $9 after bank charges
So a time will come when everyone wouldn't want to be cheated again by the banking system and would move to using Cryptos for Saving money and other transactions.
You forgot to mention that your $10 today can become $5 within few days (or hours)... |
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No, he isn't. What makes you think that? Just because a meme coin gets pumped, doesn't mean Musk is behind it. You don't need influential people or celebrities for pumping a coin. I find it funny every time a meme coin starts pumping or dumping, people always find someone to blame. Those are meme coins. They need to reason to get pumped or dumped. Is there an advantage in the future? I am optimistic that SHIB's performance is as good as DOGE  What's something SHIB offers that rest of the well known project doesn't already offer? Both doge and shib has no real use case. The price are both community driven. |
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Since you said its a Chinese exchange, I would steer clear. Based on how the Chinese government is cracking down everything related to crypto currencies, you never know when the exchange might disappear along with your funds. Why use a lesser known exchange when better exchanges exists? -snip-
Gate.io is renowned for its trustworthiness and efficacy.
-snip-
Kinda sounds like you are just shilling for that exchange. More like a paid article that you posted on your site. |
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Paid Signal Providers : Here people who weren't able to make money out of trading do this kind of scams. People are requested to subscribe their channels, so that you'll get daily trading signals. Further they do it as a paid service. Here if you're new to the cryptocurrency network, they easily scam you. Good is to do the best research of your own, because we've got lots and lots of legitimate platforms, YouTube channels are there using which you can know better about the market.
Those paid signal providers are indeed bunch of scammers that gives out random "signals". Most of the information they provide can be found easily on public. But I wouldn't suggest people to watch youtube to know better about the market. 99% of those videos are biased/paid.
Money Doubling : In recent days this is done through YouTube channels and telegram channels. 2X bots were developed and those were promoted. If you invest $100, you'll receive $200 through the bot. Person who promote this will talk in a very pleasant manner. Don't fall for the words. Stay cautious with such schemes.
You have to be really stupid to fall for a scam like this. I mean, those who get scammed, what were they thinking? Some random guy gonna make him rich? I don't feel bad for people that falls for scam like this.
MLM : This is a commonly known scam which is much seen on every form of businesses. It hasn't left cryptocurrency as well. Here based on the members added will be the commission and through this you can make big earning. One who is in the top order makes money scamming the down members. Even they'll say that you'll turn millionaire within few months. Most of the people who gets scammed on this schemes were the college students.
Those are not MLM. Those are ponzie schemes. As long as people keep on joining, they receive rewards and the scammers gain their trust. Once more people starts to join, the scammers make an exit, leaving everyone empty handed. |
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Lots of people suggesting various sportsbook that doesn't require you to pass KYC. Try visiting those, but make sure to read their terms of service. Almost all of the sportsbook casino will state that you "might" require to pass KYC in order to withdraw or continue playing. You will be safe as long as you are not violating their terms of service or anything. But if the casino finds you suspicious, they will be forced to make you go through KYC. If you fail, you might lose your funds.
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Cryptocurrency is essential for the development of a country?
Does cryptocurrency play an effective role in the development of the country? Or does it hinder the development of the country and cause extreme damage to the country?
What do you think about this?
A decade ago, when crypto currencies didn't exist, did it hamper the development of any country? No, it didn't. The countries were still able to move forward. A country doesn't need crypto currencies to develop. They have their fiat currency which is enough. But having cryptocurrencies might make things easier and faster for the country to develop. But it will hinder the development of the country if the government doesn't know how to properly regulate the currency. People will be using it to commit crimes and illegal activities at ease which will cause extreme damage to the country. |
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So many advantages and use of bitcoin, but he thinking about oil trades? Lol, some people are just obsessed with dominating anything. But yeah, its going to take decades and a bunch of countries to accept it (specially those OPEC members) before bitcoin becomes a petrocurrency. The price is currently too volatile to be used for trading oils, a risk no nation would want to take. But at least he believes that bitcoin as some value...
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Is there any crypto project that can transacts without the internet? I heard there was one two years ago I couldn't remember the name again but why isn't such project doing so well today? If the internet goes down in future this type of project will be useful don't you think?
I don't think any such project exists right now. And I don't think it would be possible to have any blockchain that isn't connected to the internet. The internet is needed so that your transactions are known to the miners who can "add it to the chain" and keep everything updated. If the internet goes down, the whole bitcoin and crypto currency network will go down. How are they going to update your balance without the internet? |
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I believe that Bitcoin and general crypto indrustry enter an era of heavy regulations. Regulations that will do near impossible for the most ppl to buy, trade or even use Bitcoin. Today EFF have post an article about this matter https://thedefiant.io/crypto-endangered-confronting-an-existential-threat/https://twitter.com/EFF/status/1448023101518671873Bitsamp already do this and ask from the most of their customers to give them every bitcoin or crypto transaction they have done the last years. Where they buy and where they get them. Maybe this new heavy regulator era will be and a great opportunity for a growth to p2p exchanges. This was inevitable. As long as you are using central exchanges like those, you have to go through all these hassles. But the regulations won't make it "near impossible" for people to make to buy, sell or trade crypto currencies. You can always try p2p trading without using a centralized exchange. It's going to be little hard because you have to trust the person you are dealing with. But isn't this how we are supposed to use crypto currencies to keep it decentralized? |
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Lol, your post sounds like you are just trying to advertise your own site and probably want us to click that affiliate link of your. You can't make any deposit to the "link" you added to your post. Anyway, if you are serious, and can't see your deposit, why are you asking here? This isn't the bitstarz support forum. Go contact their support and ask them what happened. Send them txid as proof.
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My taught On the Chinese people? It will make cryptocurrencies like Bitcoin illegal. Anyone who uses crypto becomes a criminal. I don't actually think their laws will get rid of crypto. Instead, people who don't like being under the harsh thumb of the CCP will utilize privacy cryptos like Monero. I won't be surprised if new internet and cryptocurrency privacy is developed because of the Chinese. There is now a market of potentially 1 billion people who want internet and monetary secrecy. Even if only 1 percent of the Chinese people want/need privacy crypto and internet that's a market of 10 million users! The CCP has planted the seeds of the rebellion that will throw them out of power and they don't even know it.
Nothing will happen to the crypto market. Maybe a small crash and it will recover soon. Didn't the central bank already issue warning to their people about bitcoin? They have been doing this for years and now literally no one cares. You are correct. Those laws won't get rid of crypto currencies. People will still use it. As long as they are not getting involved with fiat or the banks, there is no way the government can do anything. |
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They probably have their reason to do so. I haven't read the article, but I guess its because they have a weak regulatory framework and its becoming hard for the government to keep track of everything? Apparently, Estonia just wants cryptocurrency to be outlawed. As for me, this is a rather interesting event.
Revoking or reviewing licensing doesn't mean that they want to outlaw crypto currencies. -snip-
2.It's no big deal that many companies might lose their license in Estonia.
They will have to move to another country,so I don't think that this would be a "big blow" for the cryptocurrency industry.
3.Estonia is a small country with a population of less than 2 million people.The Estonian market is really small,and most crypto companies currently operating in Estonia are focused on the global market.This means that Estonia isn't important for the crypto industry,despite being one of the first crypto friendly countries in the world.
I thought bitcoin and other crypto currencies are for everyone. Just because they have a small population you can't go around saying that Estonia isn't important for crypto industries. |
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-snip-
1. Understand Authenticity and Security
Research will help you choose a safe and legitimate exchange platform. Make sure the exchange you use uses a cold storage type wallet. There are two types of wallets in a crypto exchange, namely hot wallets and cold wallets. This type of cold wallet is technically offline, because it is not connected to the internet network. This means hacking is very difficult to do. Cold storage (or offline wallets) is one of the safest methods for holding, like bitcoin, as these wallets are not accessible via the Internet. A good exchange should have a 2-factor authentication (2FA) feature, as a second layer of security after passwords when logging into accounts and making withdrawals and sending transactions. In addition, it also has an e-mail encryption and verification feature, which requires you to confirm every withdrawal or delivery transaction.
No matter how much secure the exchange claims to be, they are never secure enough. They can always be hacked. Storing coins is cold storage doesn't mean you won't lose your coins during a hack. Having 2fa on your account doesn't guarantee that your funds are safe. You are enabling 2fa on your account. Your account doesn't hold any coins. The exchange does. Never leave your funds in an exchange wallet. |
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We have seen bitcoin being mentioned in many movies and tv shows. So nothing new about it. Most of them just mentions about crypto currencies a little while rests make a slight joke out of it. Sadly the media isn't portraying bitcoin and crypto currencies properly. Like you said, the girl used it to keep herself hidden from the government. So people are going to think that bitcoin is used by criminals for committing crimes without getting in trouble. Is this how we want people to think of crypto currencies? Nope.
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Of course it's a meme coin and the price is getting pumped. We all know that. The Shib enthusiasts and holders are pumping the price. I don't see any other reason why Shib would go up above 350% in just few days. The massive correction will happen soon. But it is really weird to see all those people starts talking and criticizing about a coin once they get pumped. I wonder why..
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I am curious to know what the motive was... 1. Did they do this to acquire a Bitcoin ATM to take it apart to see how it issues bitcoins...and how it works? 2. Were they just after the cash inside the ATM? (What model was this... some Bitcoin ATM's does not convert fiat currencies to Bitcoin) 3. Could they possibly not have known the difference between a Cash ATM and a Bitcoin ATM? In any way... they are after "money" and any ATM have some kind of money... (Bitcoin is also money)  1. They could have just googled and not take such a huge risk. Or maybe they are stupid. Was expecting some physical bitcoins inside the ATM, 2. Of course they were after the cash inside. But they do Bitcoin to fiat. So the ATM still has cash. 3. They knew. They probably expected bitcoin ATMs to be less secure than other ATMs. Hence they took their chances assuming it was less risky. |
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