Bitcoin Forum
June 23, 2024, 11:07:50 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 [7] 8 9 10 »
 61 
 on: Today at 06:21:24 AM 
Started by Donneski - Last post by wiss19
That is nice to hear because in any one is doing and the first thing to do is to know the meaning of the key word so that whenever question come s, then you can withstand with it. And since you have know the basic concept of bitcoin then the next thing to know is wallet. And once you have known wallet and how to use it then all is set.
And I think it feels unnatural dealing with something that you didn't know. It is like you are only lying about your self and it's kind of embarrassing if someone will question you about it and you will only answer them incorrectly or you can't say anything at all. Getting involved in Bitcoin is not only limited to what you have said. What about the exchanges? Because this is where we can buy our Bitcoins that we will transfer in our wallets.

We must also know the movements of the market so that we won't panic sell and experience a loss once the price is dumping heavily because it is only a natural occurrence and there is still a chance for it to recover later on.

 62 
 on: Today at 06:15:22 AM 
Started by julia335 - Last post by Kamoheapohea
1) Download and install core
2) Run one of the import methods described above
3) Connect to the internet and let core sync.

And wait. Depending on the speed of your connection and PC it should take anywhere from a couple of days to a couple of weeks.

-Dave

Why waste time and space if you can just download all addresses with a balance from the links I posted?
Someone who is already wasting time trying to "brute force" private keys by generating random ones for bitcoin and ethereum thinking they can get rich, should at least run a full node Wink

I understand. I did not know the purpose. I read in a recent paper that bitcoin core addresses have highest probability of success.

 63 
 on: Today at 06:11:38 AM 
Started by MainIbem - Last post by bitterguy28
The people I feel sorry for are those who have the financial capacity to invest heavily in Bitcoin but still have doubt over it's potential,
they probably are just scared of bitcoin's volatile nature

they can't get themselves to learn about bitcoin and try to learn how to manage the risks that go alongside investing in btc because they don't just understand how much profit you can make from btc

meanwhile you have people who are well aware of btc but has no enough funds to actually invest in it,... it is truly an unfair and cruel world we live in.

 64 
 on: Today at 06:09:40 AM 
Started by SmartGold01 - Last post by uswa56
Yes, worrying will cause you to suffer losses. When investing, it is best to use money that is not actually used for daily needs. If you use it, it will certainly be a hassle for you because prices on the market fluctuate. Yes, this is the mistake of a young mother who needs money for her living. If I look at op's profile, with a fairly high rank, in my personal opinion op seems to be quite experienced in this matter, it's best not to ask again, this thread was created more than a year ago, it's different if a beginner asks, maybe he needs guidance from members others for their knowledge in investing.
Concerns are very often experienced by those who do not yet understand the investment they are carrying out well, but if they understand it well, they will certainly be able to calm down about the various conditions they are experiencing because they can have a solution to each condition they experience.
When trying to make an investment, of course we have to have the right planning and also have capital readiness to be able to achieve the investment target that we are carrying out, because if we are not ready in terms of capital it will certainly be difficult to achieve the target that we have invested in and it would be better We first prepare capital before deciding to enter an investment.

 65 
 on: Today at 06:05:41 AM 
Started by Cryptohygenic - Last post by HajiBagi
You know what brother? just do your own thing and what you're planning as you invest in Bitcoin. It doesn't matter whether you hold for the long term or you short it for profits.

Yes, we're all here for profits but it doesn't matter what your strategy is and that's based on your studies and patience as well.

Don't compare yourselves to the others. If we're going to hold for long term, what is it for you? we don't just go with the crowds, we're doing this because that's our plan and we know what we are doing.

You are right, comparing yourself to others is one of the reasons why some people fail in some of what they are doing to succeed, don’t compare yourself with others in times of investing or anything’s, we invest to increase the money that we have and we invest to make a profit, is not important for you to invest to hold your bitcoin for a long period, you can invest and sell your coins at any time but just make sure that you make a profit from your investment or you don’t lose when you want to sell your coins because investing without no profit and you still lose some money when selling your coins is not a good investment, it means you just invest to lose money.

Not everyone can hold Bitcoin for a long period and that is why everyone has access to his wallet you are free to sell your tokens at any time you want but make sure you sell at the time when you will earn a profit because selling your coins without having any profit is like you just waste your time to invest and you won’t like it anymore because you will be thinking the last time you invest you don’t have any profit and you will feel bad that even if you have someone that wants to invest you will not advise him to invest in bitcoin.

 66 
 on: Today at 06:05:24 AM 
Started by BlackHatCoiner - Last post by davis196
That's true, I'm still trying to be cautious. I have a lot of faith in Bitcoin, but I still understand that it's not 100% safe. But a lot of influencers are pushing that idea.

What do you mean by saying that Bitcoin is "not 100% safe. But a lot of influencers are pushing that idea"?
Your cold wallet could get hacked, if your security measures aren't good enough, but other than this, Bitcoin is totally safe.
Who are those influencers that the "pushing the idea" that Bitcoin is 100% safe? Can you mention a few?
I partially agree with Greg Maxwell's opinion, we should protect Bitcoin, but at the same time, I kinda disagree, because Bitcoin is just a financial tool and we shouldn't get too romantic about any currency or financial asset that is out there. Life isn't all about making money and growing your wealth. We shouldn't get too obsessed with money and finance.

 67 
 on: Today at 05:59:50 AM 
Started by stompix - Last post by FeeBuddy
      Smiley
  • fastestFee: 9 sat/vB
  • halfHourFee: 9 sat/vB
  • hourFee: 9 sat/vB
  • economyFee: 6 sat/vB
  • minimumFee: 3 sat/vB

 68 
 on: Today at 05:45:27 AM 
Started by krishnaverma - Last post by uswa56
if you're thinking about helping a friend or family member get into Bitcoin, educate them. Make sure they know it well. Bitcoin has both up and down potential. Folks, this is a little rollercoaster. The possible benefits are huge, though, provided you do your homework, are familiar with the technology, and are aware of the dangers.

Dont be a salesman. Never press them into anything they're not comfortable with. Let them make that choice. You must keep their trust, that is the most significant. Tell them straight out about the benefits and risks involved. Thats how you build strong relationships, whether the investment goes up or down. Remember, folks, its not just about the money. This is all about connections, trust, and doing the right thing.
Educating someone who has plans to invest in Bitcoin is indeed very good, but they must first have the desire to learn it well because if they don't have the desire to learn, of course we will teach them in vain and this will be a waste of our time. have, but if they have the desire to learn then we must be able to teach them in detail about investment so that they don't make mistakes that can cause them losses on the investment they will carry out and it would be better for them to be able to make their own choices after we explain about the investment and never force them to do things they don't want to do.

 69 
 on: Today at 05:38:22 AM 
Started by Nicksy - Last post by Don Pedro Dinero
People using Bitcoin as a retirement plan could be better than most investments out there that people use for retirement but later fail them, for countries with good systems, they can use landed properties and other assets as their fall to plan for retirement and they will receive it without any stress but for people living in countries that the laws can be broken easily and they won't get any repercussions, having your retirement pans on Bitcoin that is a digital and can be accessed quite freely is actually a life saver. With Bitcoin you can save down millions and it won't have any taxes attached

Well, you will actually have to pay tax when you convert it to local currency, or if you live in a country where there is a wealth tax and you exceed the threshold. Another thing is that with bitcoin it is much easier to hide it and transport it, and therefore, if necessary, you can go to a country that has no or much lower taxes on bitcoin. If you have a house worth 1 million dollars and everyone sees it, when you sell it you cannot avoid paying taxes on the sale, nor can you avoid paying property tax while you have it, nor can you take it to El Salvador or any other place where you will not be taxed.

For me, bitcoin should be part, although not exclusively, of a good retirement plan.

 70 
 on: Today at 05:38:16 AM 
Started by MainIbem - Last post by MainIbem
 The journey of a thousand miles begins with a step and I consider those who were opportuned to mine Bitcoin and also invested at the early days as the ones who took the best step, it's not supposed to be debated cause we've all seen the success of the project from the first day of creation by Satoshi to this present day, except maybe the ones who sold their assets for unnecessary wants, but people who held for a long term are benefiting well from their decisions currently. However there should be no calls for alarm for those who weren't opportuned to invest at the early days cause there's still hope and the different ATH's Bitcoin has reached is a big prove, so the best decision to make is to invest at this point when it's still the current price. The people I feel sorry for are those who have the financial capacity to invest heavily in Bitcoin but still have doubt over it's potential, I mean why would anyone even have doubts when they've seen Bitcoin set different ATH since it's creation to this point, well there would always be a doubting Thomas, those who would still find it difficult to believe even when they've seen prove that sometime is real. Nevertheless, if there's anyone who's willing to invest in Bitcoin but still have doubts, I put it to you that the best decision you'll make is to buy Bitcoin and Hodl, don't get discouraged by the drop in price cause I believe you should've known by now what volatility means.

Pages: « 1 2 3 4 5 6 [7] 8 9 10 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!