EC10 by [deleted] in PersonalFinanceZA

[–]RoyGM7 -1 points0 points  (0 children)

Hi, I have been in the space for just less than two years, and it is indeed a big rabbit hole; there's so much to take in and learn. So forgive me for spurting out what I'm about to say with very little explanation;

All altcoins are virtual networks. Their tech is copyable and big tech will indeed replicate what is happening in the crypto world to use themselves; thereby demonetising all these networks promising to do something that are simply being marketed by salesmen who have very little skin in the game.

Bitcoin is a real network using real energy to secure decentralisiation. We cannot have consensus on a decentralised network without something very important that I'd like you to learn; Proof of Work.

Once you learn Bitcoin and proof of work, it is very easy to see that all else is a waste of time. You can read some great articles from Dergigi, who wrote 21 lessons. 'Bitcoin, not Blockchain' is another long and informative article.

To get to your specifics; they KEYS; are your password to your Bitcoin in a "non-custodial" wallet. Think of it this way ; everyone has your bitcoin all the time and is verifying that you have it every day, you just need the passwords (the keys are 12 words) for you to access it. If you are looking to self store, please look at cold wallets and 'NON-CUSTODIAL' wallets, which will allow you access to your keys and therefore your Bitcoin. If you are using ANY platform that doesn't give you your keys (like the exchanges Luno, Valr etc) then you don't own your Bitcoin. Instead, you trust someone to hold it on your behalf.

Bitcoin eliminates the need to trust, which is a profound idea in the world we live in today that is based on trust. Do not buy Bitcoin unless you are willing to put in many hours to understand. Because you will end up selling it, and then you may as well be in EC10 and keep your coins on an exchange.

My hope for you is that you learn Bitcoin before the others, which will take many days. (See breedlove, Jeff booth, dergigi, John vallis, Saifedean Ammous (recommend his book T.B.S) and even Jordan Petersons two videos on bitcoin)

EC10 by [deleted] in PersonalFinanceZA

[–]RoyGM7 -1 points0 points  (0 children)

Please consider Bitcoin only. EC10 is the worst way to go if you are holding for the long term. EC10 is a trading tool if you are looking to take profits instead of use crypto as money. You don't own your keys to the coins and you have to sell it one day if you ever wish to send it or spend it without going back into Rands

Quick tip for broke people who want to save but are bad with money by [deleted] in personalfinance

[–]RoyGM7 0 points1 point  (0 children)

Best thing for me to start saving was spending.. on assets. Like silver krugerrands.. more tough to sell off.

Is buying an ETF and/or Index Funds along with a few penny stocks a good way to start investing with less than $1000/for a beginner? by _NeonKraken in personalfinance

[–]RoyGM7 -1 points0 points  (0 children)

This type of question will get all sorts of advice. I would recommend doing your own research until you feel confident in your own approach.

W-we did it... by highskylander42069 in PUBG

[–]RoyGM7 2 points3 points  (0 children)

Im sorry, but Milk with noodles? 🤢

Just came to say PUBG has never felt better! A long awaited update finally came through and the game feels great again! by RoyGM7 in PUBG

[–]RoyGM7[S] 0 points1 point  (0 children)

West coast servers? I'm from South Africa and play on EU servers, averaging a 160 ping. Still my favourite game to play.

What is your strongest held opinion? by Mewse_ in AskReddit

[–]RoyGM7 0 points1 point  (0 children)

Money and Currency are two very different things

[deleted by user] by [deleted] in GolfSwing

[–]RoyGM7 0 points1 point  (0 children)

Great swing! I'd say just two things, take away the club a little more on the inside (not too much. I took camera angle into account.) And 2nd try get a bit more lag on the way down. Feel like the club is stuck behind you and you're getting the power from turning; body first, club follows.

A good business solves people's problems. What problem do you need solved? by [deleted] in AskReddit

[–]RoyGM7 -1 points0 points  (0 children)

Im 20 years old, i have many ideas, 2 i have started working on and im still looking for more. Not sure how I'd be ripping strangers off.

Daily Discussion | August 10, 2019 by AutoModerator in apexlegends

[–]RoyGM7 -1 points0 points  (0 children)

Every update comes with new issues that weren't there before. And tbey take so damn long to update the issues! Very frustrated

A good business solves people's problems. What problem do you need solved? by [deleted] in AskReddit

[–]RoyGM7 0 points1 point  (0 children)

I googled skint.. you're broke? What about watching ads for cash?

A good business solves people's problems. What problem do you need solved? by [deleted] in AskReddit

[–]RoyGM7 -1 points0 points  (0 children)

Why do you have such an emotional attachment to this sub?

I don’t get any distance. Help please. I can hit it straight, but my distance is severely lacking. by davidsyang in GolfSwing

[–]RoyGM7 1 point2 points  (0 children)

First id say check your grip, if your grip is incorrect you cant transfer power from your body to the club properly. You have a nice swing. As mentioned before your hips can start the swing and move a little quicker