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Author Topic: Newcomers, here's your FAQ: Who should I trust?  (Read 319070 times)

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Newcomers, here's your FAQ: Who should I trust?
« on: January 22, 2018, 03:39:21 PM »
Jameson Lopp (19/Nov/2017)
Quote
Welcome to Bitcoin, newcomers! Here's your FAQ:

 Q: Who should I trust?
 A: Nobody.

 Q: When should I sell?
 A: Never.

 Q: Is Bitcoin dying because ____?
 A: No.

 Q: What have I gotten myself into?
 A: Nobody knows.

 Q: How do I learn more?
 A: https://lopp.net/bitcoin.html

Source: https://twitter.com/lopp/status/932350908461133825
"Your keys, your Bitcoin. Not your keys, not your Bitcoin." (Andreas Antonopoulos)
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The following users thanked this post: bitjackpots, OkGlobalCoin, Sorizk


Offline Ventura33

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #75 on: December 20, 2020, 08:42:38 PM »
Hello, guys! And don't play any bitcoin casino's!

Offline Beiji Cratos

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #76 on: January 15, 2021, 06:15:18 AM »
Hello, guys! And don't play any bitcoin casino's!
Why? Have you had any bad experience with that?

Offline TrekJunky

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #77 on: February 15, 2021, 05:41:48 AM »
Is there a way to connect your dollar currency debit card to the purchase of bitcoin by viewing a bitcoin transaction record?
“Here, where a thousand
Captains swore grand conquest. . .Tall
Grass their monument.”
― Basho

Offline Wild Wild SouthWest

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #78 on: March 01, 2021, 02:37:32 PM »
Simple FAQ's but meaty!

Offline andomedaneo

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #79 on: April 01, 2021, 11:53:47 PM »
There’s a fraudster who had been going about in the guise of wanting to help people “mix” their cryptocurrency using his platform; mycryptomixer,com/ and then vanishing with it... He uses the advantage of anonymity to shield his animosity and unsuspecting individuals who want to be discreet about their transactions fall victim by using the platform...So far he has made away with 13 bitcoins and counting!! Do the maths!!![/size][/size]

Offline Jurodda

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #80 on: April 07, 2021, 06:07:53 PM »
Good answers to the questions! I mean the first 4 =)

Offline zedthh97

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #81 on: May 26, 2021, 10:13:29 PM »
Launder these Bitcoins (Bitfinex Hack)
¿Would you like to buy BTC -60% discount?

I want to launder these bitcoins, I'm in China and I want
to exchange them to another user who can get a benefit from
these bitcoins product hacks. Sion more than 261 Bitcoins product of the Bitfinex hack. I'll change at 60.%
discount each Bitcoin for other cryptocurrencies (example:
for every $ 10,000 you send others
cryptocurrencies I will send 25,000 USD in Bitcoin)

I do this so I can use clean cryptocurrencies and
that other people make money because the pandemic is gone
many poor people in the world.

it's over $ 9 million in Bitcoin. lots of money to wash.


https://explorer.bitcoin.com/btc/address/3PrNGUWxfUFkQN15PkTcjXYb2HWcF8VHN8

261.24222337 BTC
Contact: zedt953@onionmail.org
Telegram: @minotaur45

Offline CrazyMexicanIrish

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #82 on: June 12, 2021, 06:50:23 AM »
As a newbie that has already fallen prey to the thieves.  I would say: yes, do not trust anyone.  There are a thousand groups in telegram and other chat sites.  they will not provide you with any valuable information, though you can learn about new coins and a few tidbits that might prove to be interesting.


Additionally, do not trust anyone who "volunteers" trading information or investing information or even learning resources.


Do not invest in any site that does not have at the very least some minimal level of security.  If you do not *need* to create an account to start trading, do not trade or invest.  There are a handful of sites that have high security measures in their sites and their wallets.  search in those.  trade in those. 


and pretty much like in real life.  If a "news" sounds too good to be true, then it probably is.

Offline CryptoStar19

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #83 on: June 21, 2021, 02:51:45 PM »
The crypto space is ripe for scams given the irreversibility of transactions and general lack of regulation. Trusting any individual in the space would be foolish however there are reputable organizations providing crypto related services that have been around for a while and can be trusted like Swan Bitcoin or BlockFi.

Offline HeavLeighGill

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #84 on: August 16, 2021, 05:37:54 PM »
Thanks for the newfound trust issues lol, good advice.


 


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