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Messages - Z-tight

Pages: 1 ... 31 32 [33] 34 35 ... 37
481
Basic Questions about Cryptos / Re: Need advice for bitcoin wallet..
« on: January 25, 2024, 12:13:00 AM »
Quote from: bayu7adi on January 24, 2024, 05:44:18 PM
using a hardware wallet can also be learned as a newbie.
A hardware wallet is easy to use, even for a newbie it is easy to use. It is recommended for newbies to use hardware wallets rather than setting up a wallet in an airgapped device, that is if they decide to store their funds offline, which they obviously should.

I see web wallets in your list, take note that it is not recommended.

482
News related to Crypto / Re: Scam Airdrop target Cointelegraph's subscribers!
« on: January 24, 2024, 11:58:49 PM »
Quote from: ZAINmalik75 on January 24, 2024, 08:45:22 PM
So I don't use email as to get aware of something and I think this rule have saved me till now from such scammers,
You can and should have different email addresses, the one you use on websites and projects that you do not trust, you can consider email addresses like that as 'spam' addresses, and another email address you use to do important stuff and to register on websites that you trust. 

However, people believe in airdrop and giveaway scams because they are greedy, because it is sometimes very obvious that it is a scam.

483
Crypto Exchanges / Re: Google removed nine exchanges from Play Store India
« on: January 24, 2024, 07:01:20 AM »
Quote from: Aanuoluwatofunmi on January 23, 2024, 09:04:20 PM
These exchanges are well performing a d I see no reason why they should cut a stop on their usage in the country, I am thinking of something if the country is planning on having their own centralized exchanges to be able to make the entire cryptocurrency of a thing being under their regulations or maybe they are finding it more difficult in regulating the ones present as on the list above while doing this as a threat on them to reach a concession.
The exchange performance has nothing to do with this decision, neither is India planning to launch their own cryptocurrency exchange. The reason for the ban is simply as a result of regulatory compliance.

If you want to offer your service as an exchange in certain jurisdictions, you must comply with the framework they have set for regulations. If these exchanges comply with the fiu, then they can begin offering their services in India again.

484
Privacy Coins Forum / Re: Best privacy coin
« on: January 24, 2024, 06:51:17 AM »
Quote from: dekafee79 on January 18, 2024, 04:31:20 AM
If CEX ban privacy coin, we can use DEX.
But I see just OKX has delisted XMR.
I think It's not big problem, agree with this.
Privacy coins  always against the government policy. that's the fact.
I know that we can use privacy coins in p2p exchanges if or when they get completely delisted from centralized exchanges, but you know there is less liquidity in decentralized exchanges and people believe centralized exchanges are more convenient for them. P2p exchanges are better for privacy and more suitable for tx's with privacy coins, but people prefer what is convenient for them, over what is secure and anonymous.

485
Bitcoin Forum / Re: could adoption make BTC price less volatile?
« on: January 24, 2024, 01:07:54 AM »
More adoption and lesser weak hands will make BTC less volatile and much more valuable. Though take note that the price is not going to be stable, it won't just react significantly to crypto events and news.
Quote from: electronicash on January 21, 2024, 08:59:19 PM
since the next halving will only generate 3BTC for each block, this number could easily be absorbed by the institutions wanting to grab more BTC.  due to less supply in the market there are speculation that this could even be the last bull run. do you think so too?
I don't know where you understood this from, but it is not true. The more the supply is halved, and with the demand for BTC, there will be so many more bull runs.

486
Announcements [ANN] / Re: 🌀 UniJoin.io - CoinJoin Mixer | Your Anonymity Is Our Priority!
« on: January 24, 2024, 12:44:26 AM »
Quote from: Positive on January 22, 2024, 11:58:48 PM
There was a time I read that the use of CoinJoin is almost like a TOR browser if not set up properly the needed anonymity won't be achieved. Is this true? If yes, how can someone like me who's new in the space of crypto mixing get the needed privacy when using UniJoin?
Take note that CoinJoin implementation and Tor browser are two different things. However, you can access Unijoin through Tor, when you use their onion link, and using Tor is always a better alternative for privacy reasons.

When you use Unijoin, it is important that you use a new address as your receiving address, using a used address to receive mixed funds defeats the purpose of mixing in the first place. You should also set your delay time for receiving coins to be very random and use multiple addresses when receiving funds, dividing them into smaller chunks with varying receiving times.

487
News related to Crypto / Re: Scam Airdrop target Cointelegraph's subscribers!
« on: January 24, 2024, 12:15:57 AM »
Too many people have been scammed in this way, they will either be lured to expose their seed phrase or to connect their wallet to websites that the scammers will provide. The attackers could also come in the form of a giveaway scam, in which you have to send them any amount for them to double it for you.

People allow their greed to get the better of them, even when the scam is so glaring. Thank you for sharing this for people who are not aware of it.

488
Bitcoin Forum / Re: Bitcoin
« on: January 22, 2024, 08:49:01 PM »
You do not have to buy 1 BTC, you can start with what you can afford, that is why you can use the dca strategy and buy at different intervals. Take note that if you are waiting for BTC to drop to an amount that you can afford, you may not get that opportunity, so start buying with what you can afford.

489
Announcements [ANN] / Re: 🌀 UniJoin.io - CoinJoin Mixer | Your Anonymity Is Our Priority!
« on: January 22, 2024, 08:43:42 PM »
Quote from: Wakate on January 22, 2024, 08:25:41 PM
There are different ways you can sell your coin and you mustn't go to a centralized exchange before you sell it. There are different individuals that would like to buy the coin although the price might be a bit lower than selling on exchanges.
If you want to trade your coins p2p, then you should do it in a p2p exchange and not just with individuals you meet on social media or anywhere else, because it could be very risky. For better privacy and security, use p2p exchanges like bisq or Agoradesk, where you don’t have to give out your data or risk your funds being confiscated.

490
Stable Coins Forum / Re: Should you invest in Stablecoins?
« on: January 22, 2024, 04:42:22 PM »
Quote from: bitterguy28 on January 15, 2024, 12:43:21 PM
instead of having this then better to put your funds in staking at least there are opportunity to making percentage in right time.
Staking is also risky and i don’t recommend that people put their funds in lending and earning platforms, stable coins is also risky because it can lose its peg and can be frozen by the issuers. I neither stake coins nor store my funds in stable coins, i only store funds in BTC and in a wallet that i control the keys, because not your keys, not your coins.

491
Bitcoin Forum / Re: How do you think is enough to hold?
« on: January 22, 2024, 03:47:42 PM »
Price corrections happen frequently, it is nothing that should make people worry or regret that they didn’t sell their BTC’s. Take note that it is only weak hands and short term investors that really care about short term movements, if you are not in that category then it it should not bother you.

Newbies can also become worried when they see the price dropping, but that is why they should have done their research before they bought BTC, that would have exposed them to the history of price movements in the network.

492
News related to Crypto / Re: Morgan Stanley Sounds Alarm on US Dollar's Dominance — Says Crypto Could Signifi
« on: January 22, 2024, 03:05:11 PM »
The U.S. dollar is not at risk due to any cryptocurrency or even any other fiat currency. I know it is not new to read propaganda concerning the U.S. dollar and how one currency or another is going to replace it as the world’s reserve currency, but that won’t happen, not with the strength of the dollar and how healthy the U.S economy is.

Take note that Satoshi did not create BTC to replace any fiat currency, it stands as an alternative and that is fine. Don’t believe it when people say things like this, there is no way this is going to happen in many years to come.

493
Bitcoin Forum / Re: DO NOT OVERPAY your Bitcoin transaction fees.
« on: January 22, 2024, 12:44:11 AM »
Quote from: JoyMarsha on January 21, 2024, 10:50:47 PM
Sending Bitcoin with an overpay amount is mostly carried out by newbies. Newbies are the ones guilty of making high-cost transaction fees of bitcoin.
This is not always true, even paxos made on overpayment of around $500k, though the excess amount was returned to them by F2pool. People can also make mistake when they use bots or very bad software to make their tx's.
Quote from: JoyMarsha on January 21, 2024, 10:50:47 PM
I remember years back when I didn't know how to reduce the transaction fee of bitcoin using a trust wallet. It is always a price that appears on my trust wallet, I will send my bitcoin like that without having a thought of how to reduce the gas fee.
I hope you are no longer using Trust Wallet and you are now using recommeded BTC wallets like Electrum and BlueWallet, so you can customize your fee as you like. Take note that it is also not called gas fee, in the BTC network it is tx fees.

494
Announcements [ANN] / Re: 🌀 UniJoin.io - CoinJoin Mixer | Your Anonymity Is Our Priority!
« on: January 22, 2024, 12:21:34 AM »
Quote from: Fivestar4everMVP on January 21, 2024, 09:03:40 PM
By the way, i have rather a noob question which i wanna ask, just to be sure and possibly avoid making any regretable mistakes out of ignorance.
Can i mix a coin directly to an exchange?
Like, in the box provided for me to input my recieving address for mixed coins, is it safe to input an exchange wallet address there, so as to receive my mixed coins directly on my exchange account?, or is it better to first recieve the mixed coin on my private wallet, before i move it to the exchange if i want to sell it?
Sure you can, you can put any valid address as your receiving address.

Is it good? I don't think so, centralized exchanges can confiscate mixed or CoinJoined funds, so you run the risk of your funds being locked up by an exchange if you do this, and you may never be able to recover your funds if it happens. That's because they will probably request for informations that you will be reluctant to give, and you could even provide what they ask and they won't still release your funds.

Use your self custodial wallet to receive mixed funds, and you may even have to move the funds around addresses you own, before depositing it into a centralized exchange, or you better use a p2p exchange to avoid all the trouble: https://kycnot.me/?type=exchange

495
Basic Questions about Cryptos / Re: Do you really need to be expert to start trading?
« on: January 21, 2024, 11:22:42 PM »
It depends on what you call ‘expert’, what i am certain of is that trading needs skills and it is the fastest way for newbies to lose money. Storing your funds for the long term is an easier business, you only have to buy BTC and wait, you can pick the strategy that is best for you and implement it.

I would also not advice newbies to start immediately with trading, they should learn about the network and its market and get some knowledge of what they are getting into. However, that does not mean newbies should fall for scammers who call themselves ‘experts’ online and sell signals, if you give such people money, you are surely going to lose it.

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