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561  Bitcoin / Bitcoin Discussion / Re: What is the best way to store your seed phrase? on: November 30, 2023, 08:05:09 AM
The 12-24 word seed phrase etched on a steel sheet, with 2(not split up) copies, in 2 separate locations that you have easy access to, and packaged in a way where you know if someone has gained access to either of these steel sheets; plus using a secure passphrase. That should be more than enough. Less complexity, less chance of error.

Also, personally not a fan of digitization.
562  Local / Pamilihan / Re: Eready na ninyong etransfer muna ang mga tokens and funds ninyo sa ibang xchange on: November 30, 2023, 06:35:43 AM
I think we'll have enough time(89 days today) to withdraw our funds pag tuluyan nga talagang ibblock ang Binance with 100% certainty; unless na gagawa talaga sila ng katarantaduhan na hindi bibigyan ng oras ang mga tao mag withdraw.

Also, paalala lang na hindi dapat iniiwan ang funds sa exchanges unless talagang trader ka hindi investor.
563  Other / Off-topic / Re: Can you get malware on your phone scanning QR code? on: November 30, 2023, 06:12:04 AM
I don't think a QR code in itself can execute code or open/download links — you'll need to do the action yourself after scanning the QR code. Scanning a QR code is like typing in a website URL on your browser without pressing the 'enter' button yet.
564  Bitcoin / Bitcoin Discussion / Re: Bitcoin TX Acceleration anyone? on: November 30, 2023, 06:02:42 AM
ViaBTC's transaction accelerator is the only one that worked for me: viabtc.com/tools/txaccelerator

Tip: accelerations are limited to a certain number every hour, so be ready to submit your tx after every hour(xx:00).
565  Bitcoin / Bitcoin Discussion / Re: Ransomware Cyber Pirates strike again and rakes in more crypto! on: November 30, 2023, 12:32:12 AM
A trial by fire. I know this sucks for the businesses and their users, but this will cause these companies to actually take their cyber security a lot more seriously and stop being complacent as hell. At the very least — at least even the platforms now take some flack, rather than only the users.
566  Local / Pamilihan / Re: Binance may issue na naman sa pinas! on: November 29, 2023, 06:31:05 AM
Is Binance even the one doing the selling of securities to people? Intermediary lang sila — tao rin lang ang nagbebenta sa kapwa tao ng cryptocurrencies.

As for ung announcement na to, sumakay lang naman ung gobyerno natin sa laban ng US SEC laban sa Binance lol kala mo naman may trinabaho talaga sila. Baka problemahin muna nila ung government platfoms nila na every few months e may database breach.
567  Economy / Trading Discussion / Re: Do we need to have a stop loss if we are 100% positive about a trade? on: November 29, 2023, 02:36:19 AM
I think if you're 100% positive about a trade, you might be a bit too bullish and hence delusional. I think the most positive I was for a certain trade was like 80% and I thought I was being too unrealistic.

Yes, stop-losses are definitely not 100% necessary depending on the circumstances (especially when just going long-term long with lower leverage), but yea just my 2 sats.
568  Economy / Trading Discussion / Re: Many traders will lose soon a lot the ftx 2.0 is ready on: November 29, 2023, 01:46:54 AM
What is the point of making this thread if you are not going to mention the name of the exchange?  Roll Eyes

Of course, he won't — he likely wants to look smart and sort of have "insider information" for some reason. Him actually naming a specific exchange would make him look dumb if nothing happens, and he doesn't want that.
569  Other / Beginners & Help / Re: Bitcointalk forum as a citadel of knowledge on: November 28, 2023, 07:35:35 AM
The internet is the citadel of knowledge. What Bitcointalk is great at is you get varying degrees of opinions ranging from great ones to ungodly crappy ones. That way, you can read everyone's takes and form your own opinion.
570  Other / Beginners & Help / Re: How can about this forum??? on: November 28, 2023, 06:08:55 AM
1. What are you here for in the first place?
2. What "work"? Can you be more specific?
3. What "help" do you actually need?
571  Bitcoin / Wallet software / Re: VPN and the bitcoin wallet on: November 27, 2023, 06:38:55 AM
What wallet should we use then? I haven't been able to try out many wallets (yet). Just looking for a open source non-custodial wallet. I am using trust wallet for some times now, but as we all know it's closed source which is the issue. Apart from that, I don't use CEX/DEX that much often, only when I need to cash out or something like that.

There are many open source wallets but many of them doesn't support that much of cryptocurrency.

In my opinion.

Hot wallets:
  • BlueWallet: Bitcoin-only
  • MetaMask: Ethereum
  • Solflare: Solana

Cold wallets:
  • Coldcard: Bitcoin-only
  • Ledger: multi-coin
  • Trezor: multi-coin
572  Bitcoin / Wallet software / Re: VPN and the bitcoin wallet on: November 27, 2023, 04:58:43 AM
Great explanation... wow

And just to add: you mentioned "blockchain wallet" in your main post. If you're using Blockchain.com's wallet, then it's probably not the best option out there. It's branded as non-custodial but there's no way for us to know if they have access to your keys or not.

For more info: https://chainsec.io/wallets
573  Economy / Trading Discussion / Re: Who should own a demo account? on: November 26, 2023, 05:02:12 PM
I'm pretty sure "expert" traders backtest their strategies — by using their indicators and checking if it would've been a good idea to use said strategy historically; not through the usage of demo accounts.

If anything, there's almost zero reason for an "expert" trader to use a demo account, besides for shits and giggles.
574  Other / Beginners & Help / Re: A lesson from other people's mistake can go a long way on: November 26, 2023, 04:29:27 PM
1. Don't trade, just DCA
2. If you really want to trade, only use a very small amount (and don't use leverage)
3. Use a hardware wallet
4. Don't get scammed: https://chainsec.io/scams
5. Don't make the common mistakes concerning wallet security: https://chainsec.io/checklist
575  Bitcoin / Bitcoin Discussion / Re: Closing Central Bank is Non-negotiable says pro-bitcoin Argentina Pres Milei on: November 26, 2023, 08:25:11 AM
However, my question is, if he's going to be shutting down the central bank, what will be the instrument he will put in place of the bank or is he willing to establish a ‘Bitcoin Bank’ or what exactly?

There's a difference between closing the central bank and closing banks in general — both are very different things.

As for whatever a 'bitcoin bank' is, I doubt it. They're likely to adapt the USD as I've read in some article on Twitter.
576  Bitcoin / Bitcoin Discussion / Re: Bitcoin purchase using proceeds of a sold asset on: November 26, 2023, 04:23:47 AM
Then find money elsewhere? If he thinks it's his only chance to invest in bitcoin then he has already failed. Imagine thinking that there aren't any other possibilities than selling your house. You don't need to invest all in one go. You can buy slowly but surely. What does he think? That bitcoin will go to $1 million next month?
577  Economy / Speculation / Re: High transaction fees affects those who DCA on: November 26, 2023, 03:33:14 AM
While I don't recommend unnecessarily leaving funds on exchanges, you're option here is to not withdraw the BTC after every DCA purchase. Instead, probably do the withdrawals biweekly/monthly(whichever you're comfortable with). That way, you'll significantly decrease your fee payments.
578  Economy / Service Discussion / Re: Frozen withdrawals at AutoHashMining.com on: November 25, 2023, 05:15:01 AM
Quote
Most services like this are scams or Ponzi schemes in disguise.
Do you know of any legit ones at all? I hadn't played around with crypto for years and decided to try this service on a whim, blindfolded, mostly for fun, just to see what would happen. Still knee deep in scamcoin, I see! Smiley

Bitcoin/crypto cloud mining platforms are either:
  • a scam
  • unprofitable

It's really just one or the other. If you want to take risk, you're better off with carefully-picked shitcoins honestly. Hope you didn't lose much.
579  Other / Beginners & Help / Re: Crypto Trading Bots on: November 25, 2023, 04:19:24 AM
Bro, Is it possible to make a lot of profit by trading with crypto trading bots?

Trading bots are just something that's used to automate a trader's indicators/strategies — it isn't something that just has a green turn-on button and then you're going to make money forever.

So — yes, you can make a lot of profit off a trading bot, if you know how to configure it really well.
580  Economy / Trading Discussion / Re: Stop loss ? on: November 25, 2023, 03:22:22 AM
Maybe at least tell us what platform so we can help you? Because It'll totally depend on the exchange you're using. And chances are, whatever platform you're using has an article on how to use their stop-loss function so you're better off Google-ing it first.
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