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Trading a coin is quite easy but the problem is having low knowledge that's why many people actually fail in trading because of lack of knowledge.
Trading is not quite easy except the person wants to lose money. If you do not know what you are doing the person should not go into trading or they will lose all of their capital that they invested.
After gaining enough knowledge one can then start trading with small capital.
I do not see the purpose of discussing bitcoin on a thread about crypton exchange. This forum is specifically for crypton and other coins can be discussed in relation to it, but it needs to be done in moderation.
Volatility does not affect just one cryptocurrency but every one to different degrees.
We are the ones creating artificial intelligence and we are the ones that will improve it, so of course we are ready for it.
OF course some are more ready than others but majority of us will eventually get a hang of how it works and learn cause it will be the future of technology.
Differentiating between legitimate areas and outright scams remains difficult when it comes to cryptocurrency, What kind of due diligence should be done before investing in a crypto asset or token?
Checking the team behind the project,
Checking if they copied their whitepaper and roadmap
Checking if the have real followers and engagement on socials
Checking for partnership
All of these does not guarantee that it is not a scam and there are still many more inquiries you can make.
I doubt if anyone has stopped being on the forum after seeing their service and how well the team tries to ensure its users safety. The forum is with staying and investing in
it will be their loss if anyone leaves the forum after witnessing the progress we are making here and how much the team is working on the ecosystem.
I also doubt there are users who have left after a while.
How many of you guys here have ever lost cryptos all because you left your cryptocurrency on an exchange?
You do not need to be aware of people who had lost out directly, there have been so many cases of such hacks and losses affecting thousands of crypto users around the world.
I never store my funds on an exchange and I hope other users here do not as well.
Moreover, the Utopia p2p ecosystem system has offer a cryptocurrency ecosystem that consists a wide range of features that enable users to be free from threat and maintain a safer communication system.
One cannot rely on the ecosystem to protect them from security threats. You need to take direct precaution to protect yourself and keep your funds which you store on your wallet safe and ensure no one else can gain access to them.
Guys yesterday the price of Bitcoin crossed 31k do you think we should expect something huge from CRP crypton soon or would it just be same story
CRP does not immediately crash the times bitcoin has reduced in value so I will not be expecting a correlated increase in value.
Crypton creates its own path in the crypto space and is not just a product of what is happening with other coins.
I think the cryptocurrency Websites should include certain questions personally that determines a ground knowledge of it during registration to be able to access what they know so far to avoid just anyone from accessing cryptocurrency and also hackers and scammers
This will not stop hackers in any way cause many of them are very knowledgeable of how crypto works and will pass any test they are given.
Crypto websites also need to be available to newbies to help them learn about how it works and make their first investment. We cannot lock out new users.
You have a very good point my friend, there are some people who look at the price of CRP right now and they are not happy because they think that it is low, they forget that is what makes it the right time to buy it, and when you buy it you keep it and sell it later.
The thing is not everyone is aware of the potential CRP has and they prefer to wait and see obvious changes in the price before making a decision to invest.
Those same people will be lining up to buy you CRP at a more expensive price in the next years.
Guys I have an investment question, and that's what other investment opportunities do you see aside the cryptocurrency
opportunity.
There is real estate, precious metals and stones, stocks and bonds, real life businesses and franchises, etc.
You just need to explore the different options available to you and use them to your benefit and also find what you have an interest in.
Hello guys am just hearing about CRP mining here for the first time, is there anyone into mining already. If yes, how does it work to start up and is it profitable?
I am not just finding out about it but I will appreciate any support or information I can get from someone who is already mining as it is.
Any first hand information on the pros and cons will be appreciated.
I don't know if there is any regulatory bodies that can actually drop out some centralized exchange I think they have done more harm than good so far
Regulatory bodies benefit from centralized exchanges and use them as means to control the coins you store there.
There will be no action done against them except if they are no longer being compliant with the rules and regulations.
The forum occasionally hosts contests, promotions, and giveaways where users can participate and have a chance to win various prizes.
I think we need to see more of that and users here should be informed when any of such is happening on the other platforms like Telegram or discord.
This will go a long way to boost the forum and bring in more users.
Organizations like the Financial Action Task Force (FATF) and the G20 are working towards developing international guidelines for regulating cryptocurrencies, money laundering, and terrorist financing.
It is unfair to put cryptocurrencies in the same bracket as money laundering and terrorist financing. All of those have been around forever, long before the idea of cryptocurrency was conceived at all. Crypto does not encourage it and it is not more popular using it as fiat is still the major tool of illegal activities.
This is why privacy-focused cryptocurrencies and platforms, like UtopiaP2P, appear to be the needed platform when it comes into prioritize privacy.
They are very much needed. Privacy is not something you can protect passively, you need to take extra effort to keep your privacy secured and prevent malicious people from stealing your personal information.
This is the purpose of privacy platforms like Utopia.
What is the wealth creation all about guys and how does it improve one’s cryptocurrency investment, if there is anything I promised to do right it is improving in my investment pattern this year and knowing about this might be helpful
Wealth creation does not improve your cryptocurrency investment but you can use your investments to create wealth and in turn use the wealth created to invest some more.
To improve your investment pattern you need to know what to invest in and how to invest. This simple knowledge can hep boost your investments.
Users should ensure that they always log off their account while also their account should be stored in a offline container, and to users using browser software should be aware that browser save passwords and credentials which also can be read by hackers.
I do not log off when I am not on the forum. I have uTalk bookmarked on my browser to make it easy to visit the site anytime I am looking to learn more.
I do prevent my browser from storing any personal information about me to protect my privacy.
You have a very good point there my friend, there are many people who do not know how important miners are, miners are very important because they help the ecosystem, this is the reason why i am learning very fast about utopia mining, i want to be part of the people mining CRP.
I also plan to get into mining at some point in the future if I can acquire enough knowledge about it.
I have the mindset that it is expensive, but I can never be too sure until I have done proper research on how it works.
Sad reality but it's true there are more people using the centralized exchange over those who are using the decentralized exchange and it's because of there lack of knowledge.
For some it is not lack of knowledge but they feel that centralized exchanges are easier to use and provides insurance if anything should happen to their funds which they stored in it.
With decentralized exchanges you bear full responsibility.
What impact will the gambling services have in the forum and among users, the gambling platform may cause some setback especially if takes the form of offline gambling and reduce users working abilities
Gambling is a regular practice all around the world and one that a lot of people engage in. Whether or not Utopia has an inbuilt gambling feature those here that love gambling will find ways to do it cause there are so many casinos around.
IT will be of benefit to give them an option to use it here on utopia.
I think protecting one’s privacy has long been talked about on the forum and each of us here should be familiar with the methods to use and avoid being scammed through any means.
It cannot be overemphasized at all. Even though there is so much talk about it, there are also so many people who are not taking it serious and still use services that compromise their privacy.
About scammers, never get complacent and imagine that you know all their tricks cause they are always coming up with new strategies.
How did scammers get so much in cryptocurrency that they try to always get new methods of stealing from people. They might be people who has been on a forum before that probably didn’t work and had to settle to stealing the help of their previous knowledge of cryptocurrency
Scammers are everywhere and always looking for new methods to steal from people. It is not peculiar to cryptocurrency in any way.
We just happen to be involved in crypto and see first hand how many scammers there are in the space.
Before acting on any advice or recommendations offered, it is crucial to approach communities with critical thinking, independently verify information, and exercise caution.
Do not trust; verify.
Regardless of who you get an information from, always verify its authenticity and ensure that you do you own research on it before making any decision.
#Cryptocurrency is built on blockchain technology, which has significant implications for various industries. Lack of knowledge about the technology may result in a missed understanding of its potential applications, disrupting industries, or even career opportunities within the blockchain space.
The reality is that not everyone will get into blockchain technology and not everyone need to be in it in order to be successful.
There are lots of other exciting industries that one can get into and be successful in. I am happy to be here and understand how crypto works and also know bits of the blockchain tech.