Why even immediately trade when you're a newcomer? Stop trying to rush immediately to making money especially if you don't have a firm grasp of this industry in the first place.
Also, those traders in copytrading platforms mostly don't know what they're doing. Copying them just looks attractive because of their short-mid term gains. Wait till you see their long-term performance(most likely red, or subpar gains compared to just holding BTC).
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I always get pretty skeptical when I see posts from new users that are pretty much just overly praising Bitcointalk as if it was some crypto's version of Jerusalem lol.
Welcome, I guess.
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Can't really overgeneralize it; it's a tool — it can be good if you know how to use it. It's the same with trading bots — it's not something you just turn on and just make money forever.
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If everyone can be an intelligent investor and succeed with their investment, who will pay them money for profit?
The market is zero sum game so money will change from losers to winners. If we all are winners, is it realistic? There must be losers who pay the cost, the profit for winners.
Trading is a zero sum game while investing is a positive sum game — but something being a positive sum game doesn't mean that everyone will win. Positive sum doesn't mean everyone will win — but majority of people can win.
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I also want one (for better mobile UI/UX), but even the supposedly newer version of the forum(EpochTalk software) isn't even finished after years now — and I doubt it will even finish. Forget it lol a lot of people wanted this for like 5 years+ now.
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If you ask that question from me then I say that I try to hold BTC because first of all, BTC is a modern form of money I think soon cryptocurrency f*** the paper money. then everything should be traded in digital coins like BTC and others.
If you're just not a fan of paper money, BTC really isn't the answer. We already have digital fiat money for a good while now. BTC is now much lower than his ATH which means if you buy BTC at that time it means you can see a huge profit in the future but if only you hold BTC for a long time. it means a patent is required for it.
A patent? Probably check the definition of what a patent is.
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If they do their research and they do not trade but hold at the right time, they will be forever happy that they know about bitcoin investment. All-time-high is promising.
Huge emphasis on if. If everyone simply did that then all these people wouldn't have got burned in the past bull-bear cycles. But alas, most people are simply not fit for investing.
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It is my duty to tell about bitcoin to people and it is their decision to invest in it.
This is honestly easier said than done — a lot of people will be putting some blame on you regardless if you say it's risky and it wouldn't be your responsibility of they lost money. But yea, you do you. If you're willing to take the risk regardless, best of luck.
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Maybe at least tell us why you think bitcoin will move precisely that way? So we actually have something to talk about rather than just us randomly throwing darts at a dartboard. Halving? Spot ETF? Anything?
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If looking for a easy-to-install normie app, uBlock origin for safer web browsing. It removes those pesky potentially-scam ads on Google. Also, knowledge is still the best "app": https://chainsec.io/
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Also, assuming that Robert Kennedy, a politician, really purchased bitcoins for his kids as part of their inheritance, I reckon that we might be witnessing bitcoin's mainstream acceptance as a collectible.
How did you come to the conclusion that the bitcoin was purchased as a collectible rather than as a liquid scarce asset like gold? Also, calling this "mainstream acceptance" might be pushing it a little bit. More free publicity nonetheless.
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This pretty much applies to investing in general and saving money in general. But a huge majority of people aren't really interested in investing (or worse, saving) unfortunately.
Just a heads up that eating a good pricey meal is great once in a while though. Don't deprive yourself too much of your happiness.
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Not something that will make bitcoin suddenly mega-bullish as an asset in an instant, but it's great news nonetheless — baby steps; even if Lightning is still a slippery slope in terms of actual adoption.
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Hardware wallets. Kung gagamit ka ng hardware wallet tapos ang recovery phrase mo lang ay naka back up physically na nakasulat sa papel, walang massweep ung mga malware in the first place.
Walang rason ang isang tao para hindi gumamit ng hardware wallet unless sobrang literate ng isang tao na gumawa ng airgapped device, o kung ang holdings ay sobrang liit lang.
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A minority of bitcoin-related companies have been doing this for a while now. You don't expect the masses to want it though (at least in the near term) — most people just want a decently-stable money that they could use to spend. That's it.
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Note: Multisig wallets are for advanced users only Above is an excerpt from the first reply/link on this topic. that and most of the replies here are impactive as well as frightening and as such having some aspects of red flag for me right now via my proposal. I think I need to first get very advanced first in order to make this move. I would appreciate more leads through. It surely can be quite frightening but if you're decently technically literate (don't necessarily need to be an expert), it's very doable! Try making one for fun for just a small amount of BTC, then look back at the steps you did and check if there are potential security loopholes.
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Didn't know crap about anything about investing and finance in general before Bitcoin — it pretty much became my first stepping stone. Now I pretty much trade stocks and crypto as my main source of income, and I'm pretty much the "finance" and "markets" guy in my local circle despite me not having a finance-related degree.
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I would say the op is looking for a certain form of applause.
The only applause he's going to get is from the same group of people who thinks that highranks are being selfish with merits; and they'll all not-receive merits happily altogether because complaining ain't going to do crap.
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people here have a big doubt in using wallets that's not open source while they install those open source on OS that is not open source like MacOS, windows, Android which is something stupid.
It's really not that simple. Using closed-source software isn't necessarily bad if you're just going to use it for something that's not privacy-sensitive (e.g. work, gaming, etc). Compared to something where you store investments, of course open-source is important.
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People with a lot of sMerits care about merit monopolization A LOT more than you think — heck I don't even spend a single braincell in thinking about it. Don't excuse lack of post quality for "mEriT mOnOpOLiZaTiOn". Seriously, stop it with this crap.
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