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When buying a hardware wallet like Ledger or Trezor, make sure to buy it directly from the official website or authorized sellers. Some scammers are selling fake ones that can steal your cryptocurrency. Let's not be in a hurry or too desperate and end up making a big mistake. Buy it directly From the manufacturer, they will ship it to you world wide. Don't risk losing your hard earned crypto to scammers.we all need to be smart and buy from the original source.
For a safe and secure experience, buy Ledger from Ledger.com and Trezor from Trezor.io. Always do your research and ask questions before making important crypto decisions, especially if you're new to it.
Your words of advice is well noted. Scam is the order of the day and some many have fell victim, loosing their hard earn money to scammers in the name of making business transactions. For a safe and secure experience, buy Ledger from Ledger.com and Trezor from Trezor.io. Always do your research and ask questions before making important crypto decisions, especially if you're new to it.
We have to be very careful when making purchase of any kind because sometimes most scammers seen to be real making it easy for them to lure and exploit their victims
Re: USA Govt Confiscated 7.5 million illicit crypto account from Nigeria and Russia
The USA govt seized 7.5 million illicit crypto accounts from Nigeria and Russia.
According to the news, the fraudster scams his victims by requesting them to send money to "false escrow entities" that their fund will use to invest into the oil and gas industry.
Assets include a Binance account, 19 BTC, 39 ETC, and over 156 TRX.
According to the news, fake accounts were opened by scammers that include different institutions.
This scam of a thing is becoming alarming and is ruining our nation. Although, it includes a fraudster from Russia too. My own concern is my nation. It is damaging our noble country's image internationally. It is unfair. Can Nigerians be trusted internationally as they used to be in the 80s anymore?
https://gazettengr.com/u-s-govt-confiscates-7-5-million-illicit-crypto-assets-from-nigerian-fraudsters-binance-accounts/
This is scamming issue in Nigeria is becoming something else. It's so unbearable and condemnable and it's tarnishing the image of Nigeria across the world to the extend that everyone sees all Nigerian as scammers.According to the news, the fraudster scams his victims by requesting them to send money to "false escrow entities" that their fund will use to invest into the oil and gas industry.
Assets include a Binance account, 19 BTC, 39 ETC, and over 156 TRX.
According to the news, fake accounts were opened by scammers that include different institutions.
This scam of a thing is becoming alarming and is ruining our nation. Although, it includes a fraudster from Russia too. My own concern is my nation. It is damaging our noble country's image internationally. It is unfair. Can Nigerians be trusted internationally as they used to be in the 80s anymore?
https://gazettengr.com/u-s-govt-confiscates-7-5-million-illicit-crypto-assets-from-nigerian-fraudsters-binance-accounts/
I really feel bad about the black image that scammers have painted the country.
[edited out]
IMO, it’s not just ignorance. People are just scared to start what they dont want to deal with in the long run. And for the fact that everything around bitcoin is different from what it was 2013-2015, beginners look back at it and dont know where to start. A decent number of folks wrongly conclude that they are too late, and no one wants to be the exit liquidity of others.
Yet, at the same time, if they at least appreciate that their failure to buy bitcoin is only preparing for down, and they are failing to prepare for up.. then maybe they could be motivated to buy some in order to prepare for up. but part of the problem is that they think that they don't need to prepare for up, and they wrongly believe that they are not prejudiced if they don't prepare for up... which yeah, 5-10 years down the road or later, they may well come to realize how much they fucked themselves by continuing to fail/refuse to act to at least get started, even if it is just $30 per week.. even while we know they are easily capable to do $100 per week..
Most folk correlate the value of Bitcoin in the past years to present value without correlating the present value to what the value will be in the future making them feel that they are late in the system but they fail to understand the time value of money and investment.
Considering the unprecedented rise in the value of Bitcoin from the past year till date I'm pretty sure that Bitcoin has a great potential in the the future, what we seeing now as high price of Bitcoin may be a tip of an iceberg to what the value will be in the future and as such anyone that started now should not consider him/herself late, all we just need is consistency and proper long term planning.
Someone said that Bitcoin is for the rich, but that's not completely true. It might feel like Bitcoin is for the rich due to the media focuses on celebrities and billionaires buying and benefiting from Bitcoin. This creates a perception that Bitcoin is a rich person's asset. Even during network congestion, fees can spike making small transactions very expensive. But let's not forget that Bitcoin is neutral, it can empower the rich or help lift the poor, it actually depends on how communities adopt it. So understand that Bitcoin is for everyone, you can buy tiny fractions, not until you afford a whole Bitcoin.
Having the impression that Bitcoin is for the rich is totally wrong because Bitcoin was made in such a way that a middle class person can afford some fraction in accordance to the income of the person. For instance, someone can accumulate some fraction Bitcoin using DCA method and with good financial and investment plan a poor person that have little source of income can accumulate significant volume of Bitcoin by consistent DCA accumulation and hold for long time to get a good return on investment.Bitcoin has the potential to make a poor man rich.
Re: What happens to your crypto if something happens to you?
What happens to your crypto if something happens to you? Have you really prepared for that?
This is something that’s been on my mind lately ,and I think it’s something many of us in the crypto space avoid talking about.
We go to great lengths to protect our private keys and seed phrases. Cold wallets, metal backups, multi-sig setups... we lock everything down so no one but us has access. That’s great for security — but what if you suddenly die or fall into a coma? Would your spouse, kids, or family be able to access your crypto?
A lot of people might say, “I’ve written it down somewhere, they’ll figure it out.” But let’s be honest — in a real emergency, things get messy. Crypto isn’t like a traditional bank account where someone can just present a death certificate and get access. If you haven’t made a clear and secure plan, your coins could end up lost forever.
I actually know someone this happened to — a guy I met a while back died unexpectedly in an accident. He had a cold wallet with a decent chunk of BTC, and to this day, his wife still hasn’t been able to recover any of it. He didn’t use any kind of inheritance system or trusted setup. It’s just... gone.
What you just raised is a very serious issue and I have been thinking about the same thing. Trust is one of the major problem we have in the world today, there has been series of trust issue where some people that use the opportunity that someone entrust their asset to them to exploit the person. Although irrespective of the trust issue there are still reliable people to be trusted and there is need to entrust your asset to someone should Incase anything happen to you.This is something that’s been on my mind lately ,and I think it’s something many of us in the crypto space avoid talking about.
We go to great lengths to protect our private keys and seed phrases. Cold wallets, metal backups, multi-sig setups... we lock everything down so no one but us has access. That’s great for security — but what if you suddenly die or fall into a coma? Would your spouse, kids, or family be able to access your crypto?
A lot of people might say, “I’ve written it down somewhere, they’ll figure it out.” But let’s be honest — in a real emergency, things get messy. Crypto isn’t like a traditional bank account where someone can just present a death certificate and get access. If you haven’t made a clear and secure plan, your coins could end up lost forever.
I actually know someone this happened to — a guy I met a while back died unexpectedly in an accident. He had a cold wallet with a decent chunk of BTC, and to this day, his wife still hasn’t been able to recover any of it. He didn’t use any kind of inheritance system or trusted setup. It’s just... gone.
When the price of an asset suddenly drops, you
DIP it. It is better to invest in this confidence that it will increase again in the future. If you hold it in the long term, if the investment strategy is correct and the price does not fluctuate and you have a risk-taking mentality, you can benefit more. Even if the price increases temporarily, hold it for a higher price increase later. If you want to be successful, long-term investors such as Bitcoin holders, investors in various stock markets, and believers in various technologies will reveal the correct value of your assets.
You see we start investing in Bitcoin with different time, many of us have been investing in a long time and while some of us just starting recently, so there are people who have been holding for long and there are people who are still on there accumulation stages, you must know that we all have our different financial plans and financial budgets and that is how we would have different strategies which ever strategies that you know that can help you to invest more and accumulate more then you’ve to adopt that strategy so you can have a sustainable portfolio, at some point some of us here are still learning and while some of us understands what is happening here. DIP it. It is better to invest in this confidence that it will increase again in the future. If you hold it in the long term, if the investment strategy is correct and the price does not fluctuate and you have a risk-taking mentality, you can benefit more. Even if the price increases temporarily, hold it for a higher price increase later. If you want to be successful, long-term investors such as Bitcoin holders, investors in various stock markets, and believers in various technologies will reveal the correct value of your assets.
While we are still learning for those of us who are still new here and are still on learning and our accumulation process it is very possible that we would make mistakes, but those mistakes shouldn’t affect our plans of continuous accumulation, that is where we have to make the right decisions to build a successful portfolio, because we have to try and learn from our mistakes and then we can start thinking of a better strategy to help us to keep accumulating our bitcoin assets. The most effective strategy is try to figure out which strategy that best suits us to continue accumulating e.g having an emergency funds and backup funds and all that which can help us to improve in our bitcoin sustainability strategies.
However, I agree with you that strategies are based on each person's financial situation. Just as most people talk about buying aggressively as if without buying aggressively a guy will not achieve his investment goal. with this, most people can start buying aggressively when their discretionary income isn't enough to be engaging themselves into aggressive buying of bitcoin, which will likely affect their accumulation process. That's why I will only Stick to DCA method, as I'm confident about achieving my investment goal, is just a matter of time.
When the price of an asset suddenly drops, you
DIP it. It is better to invest in this confidence that it will increase again in the future. If you hold it in the long term, if the investment strategy is correct and the price does not fluctuate and you have a risk-taking mentality, you can benefit more. Even if the price increases temporarily, hold it for a higher price increase later. If you want to be successful, long-term investors such as Bitcoin holders, investors in various stock markets, and believers in various technologies will reveal the correct value of your assets.
You see we start investing in Bitcoin with different time, many of us have been investing in a long time and while some of us just starting recently, so there are people who have been holding for long and there are people who are still on there accumulation stages, you must know that we all have our different financial plans and financial budgets and that is how we would have different strategies which ever strategies that you know that can help you to invest more and accumulate more then you’ve to adopt that strategy so you can have a sustainable portfolio, at some point some of us here are still learning and while some of us understands what is happening here. DIP it. It is better to invest in this confidence that it will increase again in the future. If you hold it in the long term, if the investment strategy is correct and the price does not fluctuate and you have a risk-taking mentality, you can benefit more. Even if the price increases temporarily, hold it for a higher price increase later. If you want to be successful, long-term investors such as Bitcoin holders, investors in various stock markets, and believers in various technologies will reveal the correct value of your assets.
While we are still learning for those of us who are still new here and are still on learning and our accumulation process it is very possible that we would make mistakes, but those mistakes shouldn’t affect our plans of continuous accumulation, that is where we have to make the right decisions to build a successful portfolio, because we have to try and learn from our mistakes and then we can start thinking of a better strategy to help us to keep accumulating our bitcoin assets. The most effective strategy is try to figure out which strategy that best suits us to continue accumulating e.g having an emergency funds and backup funds and all that which can help us to improve in our bitcoin sustainability strategies.
It's so notable that the price of Bitcoin is always affected when there is war among some notable countries in the world and this makes me to wonder why Bitcoin price is always impacted negatively by war. For instance, Bitcoin saw sharp declines during the 12-day Israel-Iran conflict, but prices rebounded after the announcement of a ceasefire.
What's your opinion on this??
https://www.google.com/search?q=why+is+bitcoin+affected+by+war&client=ms-opera-mini-android&channel=new&tpsf=opminienpf#sbfbu=1&pi=why%20is%20bitcoin%20affected%20by%20war
What's your opinion on this??
https://www.google.com/search?q=why+is+bitcoin+affected+by+war&client=ms-opera-mini-android&channel=new&tpsf=opminienpf#sbfbu=1&pi=why%20is%20bitcoin%20affected%20by%20war
At this point, IMO I feel BTC is heading to 92k or lower from my view of how weekly TF is, but I'll expect a pullback to either 105k or 104k before going to 92k. We might get to 86k, but I can't say for that now till we get to 92k first. what is your View on BTC?
Everything you are saying is mere assumption. Although, Bitcoin is subject dip and rising but your analysis does not give certain correlation of the fluctuation of Bitcoin price.Today I see the market starting to recover and bitcoin is trading back above $105K. Anyone who accumulated on the dip the day before has seen how well that approach has worked so far - that's how the market rewards those who use it correctly. Don't be afraid when the market goes down for one reason or another - it will eventually recover for a reason.
Some people are hesitant to buy on dip - even with some of their capital, but the reality is that they are too often late to act, especially after the market recovers. It is okay to buy on a rise - accumulation can be done at any price, but when you take advantage of dip, you will obviously accumulate more bitcoin.
You are perfectly correct. Many investors actually hesitate to buy on dip to increase the volume of their Bitcoin starch but the problem is to be calculative enough and to be smart to leverage the dip and accumulate more Bitcoin because some fork set their targeted dip to buy and they keeping on waiting for Bitcoin to dip to their target before they will buy and by so doing the price will start to recover making them to missed the opportunity of accumulate more Bitcoin.Some people are hesitant to buy on dip - even with some of their capital, but the reality is that they are too often late to act, especially after the market recovers. It is okay to buy on a rise - accumulation can be done at any price, but when you take advantage of dip, you will obviously accumulate more bitcoin.
Congratulation to those that were able to leverage to accumulate more Bitcoin.
🚨 Huge Resistance Near 110K — BTC Could Crash Down to 80K in Coming Months. What do you think?
It's not a new thing. We all have experience insistence rising and falling of Bitcoin price, even if Bitcoin will crash in the in the coming months I don't think it be down to $80k because the basis for this your assume speculation is not certain to me.Although Bitcoin is subject to bulling and dipping but every invest must be steadfast in hope and courageous as there is always a light after the tunnel.
We are Bitcoin investors, we believe in Bitcoin and what we will believe will do us no harm but favour.
China new marriage divorce is something I find very difficult to comprehend their reason for making such laws. Some of the area in this law may likely show that women has been exploiting men through marriage divorce which could be one of their reason for making such law. For instance, the new law dictates that whoever paid for a property generally retains ownership, even if the other spouse's name was added to the title after marriage.
Gifts to the husband:
Property gifted to the husband by his parents will not be considered shared matrimonial property and will remain his property after divorce.
Women are clamouring that the law is against their interest.
What do you think about this law?
https://x.com/WokePandemic/status/1914593066088063398?lang=en
Gifts to the husband:
Property gifted to the husband by his parents will not be considered shared matrimonial property and will remain his property after divorce.
Women are clamouring that the law is against their interest.
What do you think about this law?
https://x.com/WokePandemic/status/1914593066088063398?lang=en
Snip
How many Bitcoins are enough for a person is a subjective thing. For a person like me who hails from South Asia, 5 Bitcoins will be sufficient but a person living in USA or EU has different criteria of enough Bitcoin. But that's correct that once you are having enough Bitcoins then don't go for aggressive accumulation of Bitcoin because all of us are gathering Bitcoins to achieve a specific target and if you already have achieved that target then just relax. It might be a good point for you to start selling some portion of your Bitcoins to enjoy the result of their hard work .
For no coiners, the best strategy is to start investing from any point and once they start investing they can go aggressive on dips only when they figured out what actually a dip is.
As for me I don't think investing and accumulation ends, even after achieving my investment goal and probably taken profit I will just have to rebalance my portfolio and set a new target probably higher than the previous one and accumulation continues.
At that point some would consider diversifying into other investments. Our goals are different.
Re: Licensed gambling can be worse than any other form of gambling
Gambling companies being licensed actually helped in checking scams because the process of obtaining the license avails the authorities the chance to know the faces behind the platform and in case of any issues, attempts can be made to bring them to the table. Unlike unlicensed casinos, the operators can do what they like and hide their identity completely which is dangerous on the long run.
However, from the side of the authorities, they are more interested in the taxes and levies they will get from these casinos and not really because they care about anyone. The whole reason for the crackdown on gambling will mot be far from taxes and levies.
However, from the side of the authorities, they are more interested in the taxes and levies they will get from these casinos and not really because they care about anyone. The whole reason for the crackdown on gambling will mot be far from taxes and levies.
Imagine not selling when Bitcoin was above $100K
And now considering selling now
Lol what a Loss.
Yeah the dip is annoying, constant reds isn't funny
But the willpower and determination that held you from selling above $100K should also be applied now.
Stay strong
We all in this together. There are People at there house with bigger stash but they are still holding.
The essence of the thread is to remind Bitcoiners that we still holding and ain't giving up now .
Godspeed.
The dip is really annoying but I'm pretty sure that it will soon correct so let's persevere to be steadfast and be patience as we are already aware that Bitcoin is volatile and subject to rise and fall. However, instead of being under pressure for the dip we should see it in different dimension as investment opportunity that we should leverage to accumulate more Bitcoin and hold for long term to maximize our profit in the future when the price is high. And now considering selling now
Lol what a Loss.
Yeah the dip is annoying, constant reds isn't funny
But the willpower and determination that held you from selling above $100K should also be applied now.
Stay strong
We all in this together. There are People at there house with bigger stash but they are still holding.
The essence of the thread is to remind Bitcoiners that we still holding and ain't giving up now .
Godspeed.
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Looks like Trump somehow made Bitcoin go down instead of pumping it, as many were expecting.
Certainly we were optimistic that Trump will help Bitcoin base on his proposed idea of using Bitcoin as a strategic reserve of US prior to his inauguration but what we are seeing now show that he made Bitcoin to go down instead of Pumping and this may be as a result of some of his economic policies especially the increase of tariff in importation of goods from China, Canada and Mexico.dude he will be doing world wide tariffs to any country that charges a tariff to the USA.
the list of countries that do not charge the usa a tariff
"https://www.trade.gov/free-trade-agreements
FTA tariff tool.
Australia
Bahrain
Canada (included in the United States Mexico Canada Agreement USMCA)
Chile
Colombia
Costa Rica (included in the Dominican Republic - Central America FTA [CAFTA-DR])
Dominican Republic (included in CAFTA-DR)
El Salvador (included in CAFTA-DR)
Guatemala (included in CAFTA-DR)
Honduras (included in CAFTA-DR)
Israel
Jordan
Korea
Mexico (included in the United States Mexico Canada Agreement USMCA)
Morocco
Nicaragua (included in CAFTA-DR)
Oman
Panama
Peru
Singapore"
Canada and Mexico are on that list and will not longer be tariff free
along with about 180 countries with tariffs already
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Me after realizing we're going down more:
Bitcoin may go down more but it's certain that it will reverse and appreciate in the near future. There is no need to panic over the dipp because we are already aware of the volatility nature of Bitcoin so let's exercise some patience and see the dip as investment opportunity that we will leverage to accumulate more Bitcoin to enhance the sustainability of our investment for future profitability.
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Looks like Trump somehow made Bitcoin go down instead of pumping it, as many were expecting.
Certainly we were optimistic that Trump will help Bitcoin base on his proposed idea of using Bitcoin as a strategic reserve of US prior to his inauguration but what we are seeing now show that he made Bitcoin to go down instead of Pumping and this may be as a result of some of his economic policies especially the increase of tariff in importation of goods from China, Canada and Mexico.