Topic: Management financial & Bitcoin wallet. (Read 168 times)

His username loosely translated into English: "Make Love with Neighbors"

Probably related to this member: SilovatiLijepuSusjedu (translated: "Violate a Beautiful Neighbor", but much more vulgar)

I will report these members to the moderators, but I don't know if this is against the rules.

Wait, did you choose that username or you just feel like using dumb letters 

A fee required to be paid for a normal bitcoin transaction isn't usually big.
Note that a bitcoin transaction fee depends on following factors.

1. Number of inputs and outputs:
The more inputs or more outputs makes your transaction larger and more expensive.
Assuming the fund you want to spend has been received in n transactions, your transaction has n inputs. Number of outputs is determined by number of recipients. If you don't want to spend the total balance of selected inputs, your transaction can have an extra output called change. Change is the amount sent back to you.

2. The network state and how fast you want your transaction to be confirmed:
Miners prioritize transactions based on their fee rates.
So, if the network is busy and you want your transaction to be confirmed fast, you have to fee higher fee.

3. Address type:
If you use segwit addresses, you can pay lower fees.
There are two kind of segwit addresses. Address that start with bc1 are called native segwit or bech32. Addresses that start with 3 are called nested segwit. (Not all addresses that start with 3 are segwit. They may be multi-signature addresses).
If you use native segwit addresses, you pay lower fees. There's another type of address which is called legacy and start with 1. If you use legacy addresses, you have to pay higher fees.

Currently, a normal bitcoin transaction (1 input and 2 outputs) made from a native segwit address can be confirmed in the next block with transaction fee of around 140 satoshi (around 0.04 dollars).

I look at crypto investment like any other business, which means that I analyze the market in detail, I have my own investment strategy and a clear exit strategy.
I think that every serious investor should thoroughly analyze the market before investing and, in accordance with their financial capabilities, develop their own investment strategy, but also set price thresholds for exit.
It is important to stick to the plan and not succumb to emotions, and I think I am doing well for now. 
Current assets for trading are on my cryptocurrency exchange account and assets that I want to keep in the long run are on Ledger.

thank you good friends who are enthusiastic about commenting on my post.
I am planning to implement bitcoin into my business. is every bitcoin transaction cheap p2p? any solution?

Hard wallets are the best when it comes to security and ease of use, just make sure to buy it directly from the manufacturer's website or from one of their authorized resellers.
the prices range from $40 to ~$200 or more depending on the model. If you can't afford to buy one, You can use one of the reputable software wallets such as Electrum (make sure to download it from the official website and verify it)

However, the safety of your coins doesn't depend only on the wallet you use, it depends on the user himself and how cautious he is. You can have the safest wallet but still lose your coins because you carelessly entered your wallet seed or private key into a random website.

This applies to 99% of people: just grab a Ledger[1] or Trezor[2] hardware wallet, write down your wallet backup, and your bitcoin should be more than safe enough.

---

[1] https://ledger.com/
[2] https://trezor.io/

Well for me --invest what you can afford to wait, that is how crypto work, don't invest all your money that were rely upon your basic needs.
It is always the best to store on the non-custodial open-source wallets like hardware wallets but if you want a free wallet that can be downloaded via software, -- Electrum is the best for you. Sources that you need to know are below.
^{[ https://electrum.org/#download ]
[ https://bitcointalksearch.org/topic/tutorial-how-to-use-electrum-for-beginners-3456040 ]} --How to use Electrum (for beginners)
^{[ https://bitcointalksearch.org/topic/--5282364 ]} --Hardware wallets (80+)
^{[ https://bitcointalksearch.org/topic/guide-bitcoin-wallets-whats-the-best-for-you-2219544 ]} --Bitcoin Wallets - What's the best for you?
^{[ https://bitcointalksearch.org/topic/custodial-vs-non-custodial-wallets-not-your-keys-not-your-coin-explained-5173370 ]} --Not your keys, not your coin" Explained.

It depends on each user perspective how well he look on his financial management. Some people might a good financial management is don't allocate to Bitcoin since it's a bubble e.g. Warren Buffet, some might say invest almost of your money on Bitcoin, some might say invest what you can afford to lose.

The third is really good for a newbie, but I choose the second since I know very well about the risk involved and how I really trust Bitcoin.

The best wallet for Bitcoin is open source non custodial wallet and the code has been reviewed by many experts e.g. Bitcoin core, electrum, bluewallet. If you worried of malware or online attacks, better to use hardware wallet e.g. trezor or ledger.

How well do you manage financial management?
If you have Bitcoin assets which wallet do you think is safe so far?