What You Need to Know Before Investing in Cryptocurrency

What You Need to Know Before Investing in Cryptocurrency

Dialog.Builder(this)
.setTitle(“Reset Password”)
.setPromptStyle(PromptDialog.PromptStyle.INPUT)
.setCancelable(false)
.setPositiveListener(“OK”, new PromptDialog.OnPositiveListener() {
@Override
public void onClick(PromptDialog dialog, String input) {
if (input.equals(“”)) {
Toast.makeText(getApplicationContext(), “Password cannot be empty”, Toast.LENGTH_SHORT).show();
} else {
//reset password
FirebaseUser user = FirebaseAuth.getInstance().getCurrentUser();
user.updatePassword(input).addOnCompleteListener(new OnCompleteListener() {
@Override
public void onComplete(@NonNull Task task) {
if (task.isSuccessful()) {
Toast.makeText(getApplicationContext(), “Password reset successful”, Toast.LENGTH_SHORT).show();
} else {
Toast.makeText(getApplicationContext(), “Password reset failed”, Toast.LENGTH_SHORT).show();
}
}
});
}
}
})
.show();
}
//set up profile
private void setUpProfile(){
userRef.addValueEventListener(new ValueEventListener() {
@Override
public void onDataChange(@NonNull DataSnapshot dataSnapshot) {
if(dataSnapshot.exists()){
String name = dataSnapshot.child(“name”).getValue().toString();
String image = dataSnapshot.child(“image”).getValue().toString();
String status = dataSnapshot.child(“status”).getValue().toString();
String thumb_image = dataSnapshot.child(“thumb_image”).getValue().toString();

navName.setText(name);
navStatus.setText(status);
if(!image.equals(“default”)){
Picasso.get().load(image).placeholder(R.drawable.default_avatar).into(navImage);
}
}
}

@Override
public void onCancelled(@NonNull DatabaseError databaseError) {

}
});
}
//bottom navigation
private void setUpBottomNav(){
bottomNavigationView.setOnNavigationItemSelectedListener(new BottomNavigationView.OnNavigationItemSelectedListener() {
@Override
public boolean onNavigationItemSelected(@NonNull MenuItem menuItem) {
switch (menuItem.getItemId()){
case R.id.nav_home:
startActivity(new Intent(MainActivity.this,MainActivity.class));
break;
case R.id.nav_friends:
startActivity(new Intent(MainActivity.this,FriendsActivity.class));
break;
case R.id.nav_find_friends:
startActivity(new Intent(MainActivity.this,FindFriendsActivity.class));
break;
case R.id.nav_requests:
startActivity(new Intent(MainActivity.this,RequestsActivity.class));
break;
}
return true;
}
});
}
//set up tab layout
private void setUpTabLayout(){
viewPager.setAdapter(tabPagerAdapter);
tabLayout.setupWithViewPager(viewPager);
}
//toolbar
private void setUpToolbar(){
setSupportActionBar(toolbar);
getSupportActionBar().setTitle(“Chat”);
}
//log out
private void logOut(){
auth.signOut();
Intent intent = new Intent(MainActivity.this, StartActivity.class);
intent.addFlags(Intent.FLAG_ACTIVITY_NEW_TASK | Intent.FLAG_ACTIVITY_CLEAR_TASK);
startActivity(intent);
finish();
}
//set up navigation header
private void setUpNavHeader(){
navView.setNavigationItemSelectedListener(new NavigationView.OnNavigationItemSelectedListener() {
@Override
public boolean onNavigationItemSelected(@NonNull MenuItem menuItem) {
switch (menuItem.getItemId()){
case R.id.nav_profile:
startActivity(new Intent(MainActivity.this,ProfileActivity.class));
break;
case R.id.nav_settings:
startActivity(new Intent(MainActivity.this,SettingsActivity.class));
break;
case R.id.nav_logout:
logOut();
break;
}
return true;
}
});
}
//on back pressed
@Override
public void onBackPressed() {
if(drawerLayout.isDrawerOpen(GravityCompat.START)){
drawerLayout.closeDrawer(GravityCompat.START);
} else {
super.onBackPressed();
}
}
//on create options menu
@Override
public boolean onCreateOptionsMenu(Menu menu) {
super.onCreateOptionsMenu(menu);
getMenuInflater().inflate(R.menu.main_menu,menu);
return true;
}
//on options item selected
@Override
public boolean onOptionsItemSelected(MenuItem item) {
super.onOptionsItemSelected(item);
switch (item.getItemId()){
case R.id.action_logout:
logOut();
break;
case R.id.action_reset_password:
resetPassword();
break;
case R.id.action_all_users:
startActivity(new Intent(MainActivity.this,UsersActivity.class));
break;
}
return true;
}
}

Cryptocurrency has become an increasingly popular investment option in recent years. With the potential for high returns and the relative ease of trading, it's no wonder that more and more investors are turning to cryptocurrency to diversify their portfolios. But before you jump in and start trading, there are a few things you should know.

First, it's important to understand the basics of cryptocurrency. Cryptocurrency is a digital asset that is secured by cryptography, making it difficult to counterfeit or double-spend. It is decentralized, meaning it is not controlled by any government or central bank. Instead, it is managed by a peer-to-peer network of computers, which makes it resistant to manipulation by a single entity.

Second, you should be aware of the risks associated with cryptocurrency. Cryptocurrency is an incredibly volatile asset, meaning its value can fluctuate significantly over short periods of time. This means that you could potentially lose a lot of money if you make the wrong investment decisions. Additionally, because cryptocurrency is decentralized, there is no one to turn to if you experience a problem with your investment.

Third, you should understand the different types of cryptocurrency. The most popular type of cryptocurrency is Bitcoin, but there are many other types, such as Ethereum, Litecoin, and Ripple. Each type has its own set of features and benefits, so it's important to do your research and determine which type of cryptocurrency is right for you.

Finally, you should make sure you are using a secure platform to make your trades. Many platforms offer security features, such as two-factor authentication, to help protect your investments. Additionally, you should make sure you are using a reputable exchange, as some exchanges have been known to be vulnerable to hacking.

Cryptocurrency can be a great way to diversify your portfolio, but it's important to understand the risks and rewards before you invest. By doing your research and making sure you are using a secure platform, you can ensure that your investments are safe and sound.

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