Can Cryptocurrency Fraud be Avoided?

Can Cryptocurrency Fraud be Avoided?

Yes. There has been a lot of stories on the news lately about people having fraud committed against

them. Avoiding this is not as difficult as many believe. Below are some simple ways to keep yourself safe

and thriving.

-Always use Cold Storage.

Many people hold their wealth on an exchange. This is one of the most dangerous things anyone could

ever do. Many people held their Crypto assets on the FTX exchange only to wake up one day and lose

everything in an instance. With Crypto, we have seen that some people can be rich one day and broke

the next. Don’t let a collapsing exchange be the reason for this. Always use cold storage.

Check out a great cold storage here

-Always assess the risks

For me, Bitcoin is the most secure crypto asset thus far. This is because it’s decentralized and actually

energy must be exhausted to bring the asset into creation; there is also a limited supply. Many other

assets are just brought into existence by virtue of a great computer coder doing it. Of course, many of

these other crypto assets bring real life utility, but a lot don’t. This is where the term Bitcoin or Shitcoins

comes from.

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-Always Surf the internet securely

Surfing the internet insecurely could cause you to lose everything. As I have said before, I have lost a

great deal of my hard earned crypto. I still don’t know exactly how it happened, but long story short,

some hacked into one of my primary accounts. As a result, I lost BTC, ETH, ADA, LTC, BAT, and a few

others. I had a little nest egg going and somehow someone was able to hack into my accounts and steal

it. If you have a computer designed to keep you safe, this is a total (and literal no shit) gamechanger.

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Will Crypto Survive the Big Drop?

For me it seems obvious that Crypto will only become more and more prominent. So, for me, the answer is abso-fuckin-lutly YES! I don’t feel like a true pioneer like some of the greats out there, but I do feel like I have more than plenty experience to say that we will rise as we always do!

Probably more users today!

These drops are part of the game and reason why people like me and you can become wealthy and more financially stable.

There is no doubt in my mind that the market will explode in ways that we have not yet seen. Many people think this sounds crazy, but for me, this isn’t my first rodeo! This is what Crypto does! It goes up and it goes down, some cryptos take shits, and some cryptos kill it! This all works on a cycle just like the rest of the economy.

I can say from experience that in the past, I believed in my heart many times that crypto is over. After being around for so long, I realize that this situation is like how nature operates. There are ups and there are downs no matter how you see it. There will always be a spring, summer, autumn, and winter, same applies to crypto and the rest of the economy.

This pattern happens ever time and the general public still can’t see it.

Many of the most intelligent people out there prefer to look at a bear market and see a time to build their wealth. Unfortunately, we have many toe dippers and get rich quick people that get in and liquidate the first second shit looks scary.

When it comes to crypto, only buy if you have the intent to hold on for a minimum of 2 years (my personal opinion), and you will be happy about your decision.

If you are ready to begin or continue your journey into Crypto the easy way, Click Here!

Is it Easy to Accept Crypto Payments?

When you are all set up, accepting a Crypto payment is easier than walking and chewing bubble gum!

Setting up the wallet and confirming everything is functioning properly is the thing that can take some time. Even that process isn’t too difficult if you know what to expect. After setting up numerous wallets, I kind of have an idea of what will be needed to complete the process, so I always keep those items close and ready when I set up a wallet.

Here is a great example!

Once you put this together; all you really need to move forward is an image of the QR scan code that ties back to your wallet. There is a script version of the address, but anytime I can I ALWAYS use the QR Scan code.

(ALWAYS BE SURE TO CONFIRM YOUR SENDING THE RIGHT KIND OF CRYPTO, or you could lose it for good)

This QR Scan Code can be downloaded or scanned and saved on your phone like any other picture or image. At any time, if you have your phone on you, accepting a payment is as easy as showing someone a picture of yourself. When someone wants to pay you, all you have to do is show them the scan code and they can send you the Crypto.

One smart thing to do is to print up a picture of the QR Scan Code. I think it’s always a good idea to have a physical copy of any Crypto address you want to accept payment with. If you have a table displaying your products and services, simply put a physical image of you QR Scan Code and be ready to accept payments in seconds!

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 One of the coolest things I came across not too long ago are the Ballet Crypto Cards. These have an image of your QR Scan Code on them as well as the information needed to access the wallet. This allows you to store in a safe place worry free. Get your Ballet Crypto Card now, Click Here!

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This post is part of a group of post to help people build their business with Cryptocurrencies, to view them Click Here!

Can You Get Meme Coins from an ATM?

You can now! I just picked some of these lovely Meme coins from my local Bitcoin of America ATM. As I have said before, I am a Captain in the Shiba Army. I love ‘m and HODL them. When I found out that I could go to a local location to exchange cash for Crypto, I was in! I went to secure my Shiba on that same day!

The great thing about the ATMs is that you can also get you some Doge! I don’t personally hold Doge, but I do love Doge. Sometimes I think about buying Doge, but I end up getting Shiba instead! Anytime I have the choice, Shiba is the one for me.

It is pretty easy to get your favorite Cryptos online but having access to a Crypto ATM can make investing in Crypto so much easier.

Having access to the ability to trade Crypto for cash is priceless. For me, I don’t know what it is, but it seems like I have been having issues with long trusted Crypto exchanges like Coinbase and others. In the past I could buy and use Crypto so easily, lately not so much. I had to stop using my mainstream Crypto exchanges because they no longer work for. I almost feel like I’m getting black balled!

This situation made me look for newer ways to stay in the game. I had to stop buying from the main exchanges because either my bank or the exchanges themselves would not accept my money!

Because of this, I love these Crypto ATMs. When you go to these Crypto ATMs be sure to have your Crypto wallet ready to go. One way to make this process easier is to use your Ballet Crypto wallet with a physical representation of your Crypto Address.

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Is Litecoin Digital Silver?

I always think about this question. I think Litecoin is basically digital silver. The relationship between Bitcoin and Litecoin is very similar to the relationship between Gold and Silver.

Typically, I like to refer to Crypto as an asset rather than a currency, but Litecoin I call a currency. If you were to use a precious metal for day-to-day trade it is likely that you would use Silver instead of Gold. Mostly because they have the same attributes that make them a good store of value. The difference is the value each one holds. If you lose an ounce of Silver, it won’t be as bad as losing an ounce of Gold.

I believe in the future, we will use Litecoin in the same way. To make a transaction it takes less energy with Litecoin then it does Bitcoin. Also, Litecoin is one of the most used Crypto Currencies out there. Almost every place that accepts Bitcoin as a form of payment also accepts Litecoin.

I also believe that the value of Silver to Gold will change significantly. I am speculating that the ratio may go to 1 to 5 or 1 to 4 Silver to Gold (for example, if 1 ounce of silver is $100, then 1 ounce of Gold would be $400 or $500).

I think Litecoin will mirror the Silver to Gold value change. Time will tell what happens.

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Is Bitcoin Digital Gold?

I think so! Many (Many many) people think that Bitcoin is worthless, and it will eventually crash out. They might be right, but I don’t think there is anyway that will ever happen. Many Crypto lovers DO think Bitcoin is basically Digital gold.

Pile of gold bullions. Realistic 3D

Personally, I think Bitcoin definitely is digital Gold! For the same reasons people value Gold, I think this is why people love Bitcoin (just in the digital world). Gold is Scarce, very difficult to find and process into something usable. Gold will also be around for a very long time, out living its current holder. Bitcoin is much like this, but I would say Bitcoin is much more scarce than Gold and time will show. The main reason is that there will only be 21 million Bitcoins. Right now, we are just passed 19 million, so we’re getting close.

I Love Both!!!!!

It will be interesting to see what happens when the last Bitcoin is mined. Once this happens, that’s it. The asset will become much more scarce than any other asset. Aside from art, I can’t think of an asset like this where it has a finite limit. Even precious metals are not as finite. Even though it is difficult to mine gold, it’s not absolutely finite.

It will be interesting to see where Bitcoin goes from here.

Be sure to secure your Bitcoin before the last one is mined. If you want to begin or continue YOUR journey with Bitcoin and other cryptocurrency, Click Here!

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Does Crypto Have a Future?

As far as I’m concerned, Crypto IS the future! I still find it difficult to believe that most people are unable to see the writing on the wall. Crypto is much more than just a currency or a medium of exchange. This is the primary reason why I hate terms like Crypto Currency (although sometimes the phrase is appropriate) and I prefer the term Crypto Asset (much more accurate). These assets are much more than simply a medium of exchange, we are still realizing the possibilities.

Time will tell how we are able to use these assets, but every day that passes, many new innovators figure new things that Crypto can revolutionize. The fact that you can’t just create a new Crypto out of thin air and the fact that each one has identification, makes it a scarce asset like precious metals. The difference is that people can find mines at any time, but once a particular Crypto is done being mined, that’s it.

If I am able to correctly see the writing on the wall, I will translate that to say that Crypto IS the future!

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What Are Shitcoins?

This is a nickname for every Crypto except for Bitcoin. Many people feel that the only Crypto Asset that is worth a damn is Bitcoin. This is because it is the first Crypto and it holds the most confidence compared to all of the others. There is a possibility that this is true, but I don’t think so.

When you see the number of projects out there and some of the technology that these new generation block-chains possess, you know some of these other Crypto Assets bring value to society. Because of this, I think some of these “Shitcoins” are not shitty at all, and they truly have value.

There ARE MANY SHITCOINS though! There are a lot of projects that are very shitty and should be called Shitcoins. With all of the projects coming out, there are sure to be some that are a total rip-off. Sometimes it’s difficult to know if a project is a scam or the next big thing. All you can really do is do your own due diligence and follow your gut feeling when making these decisions.

At one point in time, I thought Doge was a shit coin, shows what I knew. I lost a lot of money because I thought that. I try to keep my mind a lot more open these days to make sure I don’t lose out again.

If you want to get your digital hands on some Bitcoins and Shitcoins Click Here!

Should YOU get Shib or Doge?

Shiba Inu or Doge is a popular question right now. Personally, I am part of the Shib Army, but I don’t have anything against Doge.

In the past I didn’t think much of these meme coins until I saw a graphic someone had made showing how much your investment would be worth if you purchased $1,000 of some popular Crypto Assets/Currencies. I believe the year was 2019 or 2020.

I was all happy because I invested in ADA at the time, and I felt very good about the situation. My $1,000 would have gone up to around $13,000. On that same list I saw Doge, that $1,000 investment became valued at around $28,000! Solana, that $1,000 became $77,000!

That was when I realized the power of some of these Meme coins. The only thing that gives them real value is the fact that people love them, and they just like them.

Once I realized that the possibilities are unimaginable, I wanted to jump on the next meme coin train. When this happened, I found Shiba Inu and got in at a very good time. I near quadrupled my original investment then I traded a lot of that for stable coins and HODLed the rest.

 The sky is the limit with some of these meme coins. AMC theatres just decided to start accepting Shiba Inu and Doge. So, you don’t have to decide, get both!

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Is Crypto Easy to Exchange for other Crypto

The answer is yes. This really depends on the platform you use though. I have used platforms that will allow you to exchange your Crypto Assets for another with no issue at all, while I have used many other platforms that costed a lot in transaction fees.

One of my favorite exchanges to use was Coinbase. For me I was able to buy/sell/receive/send crypto without any issues at all. This happened very quickly, and I was very happy for many years. Lately I have been experiencing a lot of hic ups that have made me extremely uneasy. I get messages about my internet signal being down, and this is when it works perfectly.

I’ve also used other exchanges like Trust Wallet, which I love the fact that I can get the Crypto Assets I want that are hard to find. Unfortunately, it’s at a relatively high cost. I wanted to trade around $250 worth of Shiba Inu for some Saitama; this came with fees of more than $100. I thought this was insane, so I decided not to do it.

At this point I was sick of goofing around with these websites. I decided to use the easiest way I have used to purchase and send Crypto through the Ballet system. To this day I think that this has been the easiest and most flexible way to purchase and send you Crypto whenever you want.

When I want to share Crypto with friends and family I share the Ballet system because of how easy it has been for me.

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