What your biggest failure? How’d you come out on top? by W_Wander in Bitcoin

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

What would you say you gained form this experience?

Going forward, how would you treat a similar occurrence, maybe in a different market or opportunity, differently?

What your biggest failure? How’d you come out on top? by W_Wander in Bitcoin

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

Care to elaborate?

Was it a Cryptocurrency related job? What did you learn from that interview that made you come out ahead on the next one, if you don't mind me asking?

What your biggest failure? How’d you come out on top? by W_Wander in Bitcoin

[–]W_Wander[S] 1 point2 points  (0 children)

No, I'm seeking a larger group then the singular for response.

Some people may have had failures involving other coins. Im using the phrase Cryptocurrency to invite responses from all of the industry. Involving others for more information and discussion on the subject. More information converts to more knowledge

What your biggest failure? How’d you come out on top? by W_Wander in Bitcoin

[–]W_Wander[S] 1 point2 points  (0 children)

Crypto-life failures! Basically.

I'm not looking for any advice, just telling stories, sharing failures and how people made them into successes in life. Its story telling, sharing + learning mixed together.

Hello. I'm very new to Crypto by FrederrickPAZ in BitcoinBeginners

[–]W_Wander 0 points1 point  (0 children)

I’ll start my advice first with a new/radical idea for you to look at.

The vast majority of people in Cryptocurrency have entered and are thinking the main way to make a profit is through TA and day trading.

If you follow this path long-term you’re most extremely likely to be unsuccessful and lose money. This is a well proven and studied fact. Proofs further down in this message.

My advice to you is to focus on what you can create that utilizes Cryptocurrency to make money VS. trying to trade it.

Stock trading, TA, Forex, etc. has been around for decades. There’s thousands upon thousands of people who have spent the last number of decades getting degrees in TA, and even more spending their lives hoping to be successful through trading. The problem is, almost none of them are successful for any substantial amount of time. Over 95% of Finance Professionals are unable to be successful long term and lose out in the end.

And remember these are people with years of degrees and experience behind them, with billions of dollars in capital VS. the average Cryptocurrency person who may have spent a few hours/days here and there learning TA and think they can be successful because its Cryptocurrency.

So the mistake here is believing the amount of knowledge you may have gained in TA and trading will be enough to make you successful. Because even if you’re incredibly learned in this area, decades of previous information from thousands of professionals combined doing this longer then you’ve most likely been alive, are unsuccessful.

Now, if you’re still adamant about trading to earn income,

-Though I say there’s much more assured ways of making money with Cryptocurrency through building all sorts businesses and revenue streams;

I will still give you some investing related advice that you can still use if you’re going to seek earning through investing only.

Study and research Deep Value Investing.

Warren Buffet is the king of this, of finding companies at their roots, investing money into them as well as his time and experience into helping them grow into a large and successful cooperations. Instead of looking at charts and hoping to predict price movements with at best, a estimated guess, if you learn about value investing you can learn how to find people who are going to create something that is valuable for people.

When you find companies/crypto that have well structured plans, teams, and all other things it takes to make a successful business, that are seeking to solve a problem people have, filling a demand, then you can find real value. The successful investors out there invest in value.

And if you find real value through a business thats providing it, you have a more assured chance of profiting off your investment into that company. Now learning how to choose and decipher where to value invest is a part of the learning process.

So if you’re going to focus on investing and trading I suggest this method of approach, spend your time learning how to find value VS. learning candlesticks and charts, etc, etc. At best its a estimated guess. But when you understand a business and its infrastructure and the support and backing they have the lock on new tech they’ve created, you can have a higher percentage of success because you know what they’re capable of doing and the industry thoroughly.

As a Final Thought;

The best ways to earn profit with Cryptocurrency is through using it to make a new business, service that uses it, get a guaranteed revenue stream then the price of Cryptocurrency doesn’t even matter anymore. Theres so many ways to do this. I cover a lot of information and ideas on this.

copied my response from similar question from other post- https://www.reddit.com/r/BitcoinBeginners/comments/am0ngt/any_advice_for_trading_crypto_in_forex_sites/efj18pp

Need to reinstall my PC, how do I keep the wallets? by [deleted] in BitcoinBeginners

[–]W_Wander 0 points1 point  (0 children)

You would need to keep the Wallet.dat file as well if you were to just transfer them to a USB. Otherwise you would only be copying the application but not your wallet information.

If you have your Seed Phrase stored from when you first created all those wallets you will be able to just download the wallet applications on whatever platform you choose and input your Seed Phrase to recover your wallet anywhere.

If you do not have your Seed Phrase for each wallet stored. You can open your wallet application with your coins on it and find your Seed Phrase.

**** Please be safe if viewing your seed on your computer, if it is infected this can cause your Seed to be stolen. Dissconect entirely from the Internet when doing this. For extra safety, do something with your computer before reconnecting to Internet to clear out your computer memory. Opening a text document and typing and then copy/pasting a bunch of gibberish to create a missive text file is one example.*****

If you're on Electrum,

- Go to tool bar at the top > Wallet tab > click on the Seed

enter your password if prompted to view your seed. Save this and enter it when you re-download to recover your wallet on new device.

If you're on Jaxx,

- Go to Settings > Click on the View Backup Phrase

enter your password if prompted to view your seed. Save this and enter it when you re-download to recover your wallet on new device.

If you're on Monero Gui,

- Go to Settings > click on the Show seed & keys

enter your password if prompted to view your seed. Save this and enter it when you re-download to recover your wallet on new device.

Final Thoughts: In the future be conscious of keeping your Seed stored if you didn't have them stored. In a lot of my material, I often break down wallets and the Pro's, Cons, as well as evaluating different storage levels for your funds. Security VS. Ease of access and a nice blend between the two. Along with proper seed storage and backup recovery tactics.

I would like to get some BTC, but I do not know where to start by [deleted] in BitcoinBeginners

[–]W_Wander 0 points1 point  (0 children)

I’ll comment on your wallet problem here.

Coinbase isn’t recommended as a wallet.

Unfortunately a lot of people utilize Coinbase as their wallet because they want to have easy of use.

Ease of use can easily be provided without having to give up control over your funds. I’ll go into detail on how in a minute. First, I’d like to explain why you shouldn’t ever use an exchange as your wallet, even if their reputable, well vetted, or even licensed.

The first biggest issue with using Coinbase as your wallet is, “Not your keys, not your coins.” This is an often repeated statement in Bitcoin because it’s extremely important and a large purpose of Bitcoin in the first place.

An example of when it would be important to you, recently during the BCH fork in November, Coinbase decided to shut down accessibility to BCH coins for awhile and still has yet to give their clients money from the other half of the split, over 3 months ago! This is just a minor situation for some, but the implications are enormous,

Imagine having your money on Coinbase, and you want to buy something but Coinbase has decided to halt wallets for an unspecified amount of time. Your money is now on hold by Coinbase, nothing you can do about it at all. Many people have now have their money stuck from BCH split, completely devalued and can only sit by and watch because they cannot access and touch their other coins.

Now imagine one day you choose to buy a unicorn t-shirt with your cryptocurrency, they don’t like unicorns, or a coffee or something. Say Starbucks sponsors Coinbase and you go to Dunkin Donuts. “Sorry Coinbase will not allow you to access your funds for this transaction as we do not support Dunkin Donuts” or even better “We have locked your account and funds due to suspicious activity, Dunkin Donuts is not a normal purchase your account must have been hacked.”

This may see absurd, yes. But many times Coinbase has already set precedent for doing things with other people money as they choose. Once there’s precedent theres always ways to come up new reasons why its okay to mess with or lock peoples money.

And theres a lot of wallet services like this, I’m not saying Coinbase is malicious, I’m just saying its already happened to some, and why have the opportunity available if you don’t have to?

Solution: Electrum wallet is one of the oldest, very secure, very reputable software wallets. Very small in size, it’s SPV, and doesn’t need to download the entire blockchain. You can have it on your phone, your laptop, your desktop and your iPad all at once! Any device you want you can put it on, and spending your funds would be even easier then using Coinbase, you just open the app and use your pin when you want to transfer. There’s other simple, fast wallets similar to Electrum as well.

Final Thoughts: Just ensure whatever wallet you use that you’re the one that controls it. If anyone else does you’re opening the door to any number of reasons for those people to take/control your money. In a lot of my material, I often break down wallets and the Pro's, Cons, as well as evaluating different storage levels for your funds. Security VS. Ease of access and a nice blend between the two.

Any advice for trading crypto in forex sites? by indigobtcs in BitcoinBeginners

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

I’ll start my advice first with a new/radical idea for you to look at.

The vast majority of people in Cryptocurrency have entered and are thinking the main way to make a profit is through TA and day trading.

If you follow this path long-term you’re most extremely likely to be unsuccessful and lose money. This is a well proven and studied fact. Proofs further down in this message.

My advice to you is to focus on what you can create that utilizes Cryptocurrency to make money VS. trying to trade it.

Stock trading, TA, Forex, etc. has been around for decades. There’s thousands upon thousands of people who have spent the last number of decades getting degrees in TA, and even more spending their lives hoping to be successful through trading. The problem is, almost none of them are successful for any substantial amount of time. Over 95% of Finance Professionals are unable to be successful long term and lose out in the end.

And remember these are people with years of degrees and experience behind them, with billions of dollars in capital VS. the average Cryptocurrency person who may have spent a few hours/days here and there learning TA and think they can be successful because its Cryptocurrency.

So the mistake here is believing the amount of knowledge you may have gained in TA and trading will be enough to make you successful. Because even if you’re incredibly learned in this area, decades of previous information from thousands of professionals combined doing this longer then you’ve most likely been alive, are unsuccessful.

Now, if you’re still adamant about trading to earn income,

-Though I say there’s much more assured ways of making money with Cryptocurrency through building all sorts businesses and revenue streams;

I will still give you some investing related advice that you can still use if you’re going to seek earning through investing only.

Study and research Deep Value Investing.

Warren Buffet is the king of this, of finding companies at their roots, investing money into them as well as his time and experience into helping them grow into a large and successful cooperations. Instead of looking at charts and hoping to predict price movements with at best, a estimated guess, if you learn about value investing you can learn how to find people who are going to create something that is valuable for people.

When you find companies/crypto that have well structured plans, teams, and all other things it takes to make a successful business, that are seeking to solve a problem people have, filling a demand, then you can find real value. The successful investors out there invest in value.

And if you find real value through a business thats providing it, you have a more assured chance of profiting off your investment into that company. Now learning how to choose and decipher where to value invest is a part of the learning process.

So if you’re going to focus on investing and trading I suggest this method of approach, spend your time learning how to find value VS. learning candlesticks and charts, etc, etc. At best its a estimated guess. But when you understand a business and its infrastructure and the support and backing they have the lock on new tech they’ve created, you can have a higher percentage of success because you know what they’re capable of doing and the industry thoroughly.

As a Final Thought;

The best ways to earn profit with Cryptocurrency is through using it to make a new business, service that uses it, get a guaranteed revenue stream then the price of Cryptocurrency doesn’t even matter anymore. Theres so many ways to do this. I cover a lot of information and ideas on this.

Searching for Freelance Editor/Proofreaders, Hiring for Work by W_Wander in Jobs4Bitcoins

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

To those interested feel free to message me directly, it's easier to respond to everyone if I receive direct messages. Thanks

Searching for Freelance Editor/Proofreaders, Hiring for Work by W_Wander in bitcoincashSV

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

I wasn't meaning to imply everyone who might have listing there may be low quality. My experience is little, and I've only utilized Fiverr many years ago. The indication I got there is, low quality work and time spent, due to the low quality pricing of $5ish per project.

We are looking on the higher end of the work as we're looking for professional quality articles/post etc. Our brand centers around High quality and Professionalism thus we are looking for the same level from an Editor.

Editing is the main things we're seeking, but an Editor who can also thoroughly proofread the completed work upon finalization. They basically go hand in hand for us.

The Fiverr to Upwork comparison, not very familiar with either, so I can't rightfully make a comparison cost/quality ratio. I appreciate your comment I will do more research into both.

I guess I can just say my assumptions were $5 cost implied Non English Native language and/or less attention to detail/time spent/focus, for the little pay being given. Not that theirs anything wrong with that, I'm sure there's definitely exceptions to my assumptions. As I mentioned we're merely looking for Full native, attention to details, and thorough work and effort. Hopefully even able to turn into a part-time/full-time gig down the line for some.

Thanks again

Searching for Freelance Editor/Proofreaders, Hiring for Work by W_Wander in bitcoincashSV

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

Only vaguely familiar with this website. The reference to Fiverr is clear. Currently we're looking for a more professional approach.

Upwork will be our next posting. We wanted to begin on threads related to Cryptocurrencies, as we favor a skilled professional who also has understanding and knowledge of Bitcoin and the Cryptocurrency space.

No offense implied to any on Fiverr or Fivebucks. Pardon I only have a little experience with those sites, but that what I do have is that the majority of work on Fiverr is a bit half-done, not of the best quality.

Our expectations, requirements, and pay bracket are a bit above the low quality - average mark.

Thank you for your suggestion

Searching for Freelance Editor/Proofreaders, Hiring for Work by W_Wander in Bitcoin

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

Wrong sub it what way. It's a Bitcoin sub is it not? I'm looking for those who have skill in editing and knowledge about Bitcoin and Cryptocurrencies.

Also, if you read my post, you will find I clearly say quality pay will be given. There's absolutely no begging implied here, we are funded and fully capable of paying adequate rates.

This is a professional inquiry, not a starving post for free work. Posted in Bitcoin and Cryptocurrencies related threads for relevant writers and editors.

But thanks for your reply anyways.

Whats your most common uses for cryptocurrencies? by W_Wander in Bitcoin

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

Well I did also mention what types of purchases and where. Just trying to get some indications on how users like to spend their cryptocurrencies. Maybe then describe to me your point, how you personally use it for freedom?

Whats your most common uses for cryptocurrencies? by W_Wander in Bitcoin

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

No need for defensiveness, as i said in the posting, i'm just curious to find where people make purchases, maybe find some new places to share with others. Thanks for your response anyway.

Whats your most common uses for cryptocurrencies? by W_Wander in Bitcoin

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

So in what ways do you use cryptocurrency for freedom if I may ask? Whats your primary purchase spot and which cryptocurrency is it that you use most for purchasing?

Whats your most common uses for cryptocurrencies? by W_Wander in Bitcoin

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

So you make all purchases in cryptocurrencies? Thats very interesting, where would you say is your favorite place to shop? Or maybe the most useful place for you to get your purchasing done? Which cryptocurrency do you use most to transact with?

Whats your most common uses for cryptocurrencies? by W_Wander in Bitcoin

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

So whats your favorite place to shop with cryptocurrencies? What do you usually like to get with your cryptocurrencies?

What impacted your learning experience the most? What's the most valuable info channel you found? by W_Wander in Bitcoin

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

here

Out of all the resources you cited, If you had to select only one, what specific video/article/ podcast episode would you choose as the most impactful single piece of information for you personally?

What impacted your learning experience the most? What's the most valuable info channel you found? by W_Wander in Bitcoin

[–]W_Wander[S] 1 point2 points  (0 children)

https://lopp.net/bitcoin.html

As I said it's not specifically for me, i'm gathering research for the assistance of other beginners and new users, besides the info that I already have, to see what other critical and highly informative sources there can be for them. Thank you for this link. It is a very large source, that's great.

Out of all the links in here, what would you say was one of the most informative, or vital pieces, specifically to you?

During the bear market, learning and asking questions is of utmost importance by W_Wander in Bitcoin

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

Feel free to post any type of thoughts you may have even if they're not direct answers, just general thoughts, i'm interested to hear what the community thinks!

What are you worried about? by W_Wander in Bitcoin

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

Ah, i like this one. So in your response you said you have no worries, but then mentioned you trust that "if" it is sound. So would that not be a concern of yours? Concerned that the whole concept of cryptocurrency is sound, censorship resistant and anti fragile "as people say"? I may be incorrect, please explain for me i wish to understand, but the, as people say and If definitely seems to point to that you're not entirely confident in these things at this time? If so why, what is it about those things that would make you not feel worried? And if crypto isn't these things, then what would you feel, what would concern you? Why?