ASAP

pituitary_monster

These kind of questions pop up about once a month. Ive done some research and the best ive come up with is to use timelocks to send bitcoin to an address that both you and a family member controls. Say, a year. When the year is up, repeat the process. In case of sudden death, at least a family member can access the funds. Downside: if there is an emergency and you need the money ASAP, you'll be locked out of it until the year is done.

guesthouseq4

As cool as that would be, it's highly unlikely to ever happen. And even if it did, there's a good chance it wouldn't play out quite like we imagine. Think about it: if suddenly everyone got a windfall of Bitcoin dropped into their wallets, most folks would probably cash out ASAP, rather than holding onto it for the long haul, so BTC would massively drop in this scenario... Still, it's fun to entertain the idea, just imagine the chaos that would ensue, but yeah highly highly unlikely.

Beef_suprema

Play the long game. Buy first house ASAP in life. Cash out refi once you have enough equity to buy a second to rent, or multi family to rent. Easy loans on under 4 units since they qualify as residential. Use 401k match opportunities at your jobs. Use stock option plans at your jobs. Invest in anything that has a long term proven track record when you can. Start a side hustle that brings in additional income other than your main job. Try to make rich friends. Read articles and books about money. Life will deliver to you exactly what you focus on. If you educate yourself on making money and put in the effort, then in the long run you will make money. Choose a career path that pays well but also provides opportunity to learn from other people making money. Perhaps a bank lender or something

aa_tree

Perfect, will get it ASAP

rickandm00rty

I would do nothing. One of the major components of Bitcoins genesis is the fact that the "founder" or "founders" or whoever Satoshi is have disappeared, died, etc.... Jack Mallers just came out with a podcast and repeated over and over that this whole "who is satoshi" fascination is dangerous and childish. Leave this cornerstone of Bitcoin alone and stop trying to solve the mystery. Its more hurtful to Bitcoin than helpful. I would literally burn the seed phrases in a fire and delete all wallet information ASAP and pretend it never happened to me. That would be the responsible thing to do IMO.

No_Presentation1242

Forbes needs to interview you for an article ASAP

ManagerNarrow5248

Germany is already over due to the muslim hordes, I would leave ASAP

montymoon1

yea, one thing I've learned while exploring the Coinbase platform is that it is not well-polished at all, both on the website and phone app. For example, when I try to narrow down my search results in past transactions to a certain type of coin (CRO in this case), it still shows past transactions of ALL coins, no matter what I try. This is not to mention the many grammar mistakes I've caught in the past. Definitely pulling my currency off this platform ASAP.

PuttinOnTheFrink

Do it ASAP! I didn't do anything shady and they seized mine...just a cautionary tale that they could do it to anyone

91-divoc-eht

from this chart.... FUCK Grayscale, hopefully their bitcoin reserves run out ASAP

PopFirm5291

Buy a cold hardware wallet. Move your funds off coinbase ASAP.

SoullessGinger666

By Friday? Sell and break even ASAP.

Illustrious_Plate610

Nah they can do it instantly but prefer to work with the money before loosing it to another bank. The upside of the blockchain in this case would be, that a bank could not hide the fact that they did not transfer it - they just hide the number on your bank account without actually sending it to the other bank ASAP

Appropriate_Ad4833

Should i sell my ADA and XRP ASAP or just hodl?

Kazgarth_

Why would you trust keeping you Bitcoin on exchange as IOU? Get them out into your cold wallet ASAP. I wouldn't trust any exchange with more than $500 worth of Bitcoin.

Deeznutz1818

My guess is all The people that bought at 70 K are selling that shit off ASAP.

FineVeterinarian8025

Can someone explain to me why mortgage is a good debt? I come from Poland, so it may be our banking system’s fault, but mortgages here are despised, and people try to pay them off ASAP. It may be because they are very expensive, as in 30year mortgage here you pay around 150-200% extra to the bank, and our currency isn’t the most stable one.

Intelligent-Quote249

i hope this goes without saying, but do not mention anything about anything at the IT shop. and move that shit out of that wallet ASAP you never know if that guy at the shop is some fucking weirdo that snoops on ppl. prep everything before you take it to the shop, so that theres as small of a time window as possible.

Maxx3141

One device could be breached that has access to your mail, maybe an old phonr you didn't even think about. Digital storage of seeds can be done from experts who are very familiar with proper encryption standard, but never in plain text. So I really have to point out what you did was not a wise. For all normal humans, a seed is a backup that is intended to be stored offline. That's why we use words, so we can write them down without mistakes (unlike strings of random chars). If you stored other seed there as well which weren't drained, it could be a good indicator this isn't the source of the breach though. You should still clear out the wallets that were stored there ASAP. However try using a different system than the one you used for MetaMask if you still don't know what exactly happened.

Underwelmed_

No. This is healthy behavior from someone who knows about absolute scarcity. Now get your Bitcoin off the exchange ASAP, and don't sell your bag to Blackrock.

hicoBM

I do this simple trick! I check the RSI on the monthly if that MF is at green mountain you need to start selling ASAP! FET is one example of touching the Greenland territory. If can be pumped a little bit more but fuel is already empty!

techrasta

So we just have to be a puerto rican resident and its all good? Is there anywhere on the internet that can confirm that boss? I've been looking for hours to find a link about this and haven't found anything on the internet about this situation. Only act 60 unfortunetly. You're making me want to move to puerto rico ASAP!

GrayersDad

First off, my condolences about your Aunt Birgit. If I were to 'funnel everything you can into it ASAP,' I wouldn't have a daily recurring buy, as well as my buy orders on the 1st and 15th of each month. Instead, I'd buy as soon as I get paid. Dollar cost averaging involves consistently investing a fixed amount of money at regular intervals. Even if I'm fully allocated to Bitcoin, by consistently investing a fixed amount, whether through daily recurring buys or bi-monthly purchases, I'm still effectively dollar cost averaging into Bitcoin. I'm sorry if this doesn't fit your opinion, but your opinion doesn't change definitions.

VoloundYT

You've YOLOd bitcoin and you funnel everything you can into it ASAP. You're a lump sum investor YOLOing bitcoin. DCA is what someone does when theyre Great Aunt Berget dies and they have never "had money" before and maybe never will again, and are scared of the volatility risk of the market that could have the long term effect of reducing their net worth by 40% permanently if they simply choose the wrong moment to lump themselves into the market suddenly with everything. So what they do is accept a \*demonstrably inferior performance method\* of DCA to reduce variability of outcomes and say, invest 10% of what they have into the market,each month, indefinitely. They are accepting an \*on average worse performance\* to insulate themselves against an extreme outcome that could happen if they go from 0% to 100% exposure to an asset that can crash by 40% (say, the market). This is the complete opposite of your situation. So describing yourself as doing DCA is just nonsense drivel in every sense. That's my final say on the matter.

BernardoOne

Nigeria's currency is crashing and the government is trying to prevent people from trading it to bitcoin while it still has some value. For this they are making Binance and other exchanges illegal. If you live there I recommend taking your coins out of the exchanges ASAP and put them on your own local wallet

metalzip

> Thanks, but he doesn’t have any need for these wallets anymore. best thing he can do now is to re-buy ASAP. and this time hold in 2 separate cold wallets, on safe computers, different software and hardware, and also do NOT lose passwords (do not overencrypt / oversecure it)

Professor_Oaf

You can store it in a wallet and transfer it to an exchange when ready to sell. You can also trade or purchase goods with btc from your wallet. Bottom line, we hate RH so get it out of there ASAP.

pullupman

No I will not sell at the "right" time. I highly recommend getting to a deeper understanding of what you own ASAP.

harrumphx

1. Move it off the exchange ASAP. 2. You can "check your balance" by using simple tracker apps on your phone, where you manually input your buys and they'll constantly update your gains/losses in real time. I like the My Stocks Portfolio app (Android).

Picky_The_Fishermam

Oh god, if Craig Wright is somehow named as the real Satoshi, SELL ASAP #nohodl

GeminiJ13

Yours are legitimate questions that need answers, ASAP. After, like you said, years of me also noticing their inability to have a functioning website while the market is going nuts, it is not acceptable. The issue becomes, as Coinbase well knows, that there aren't enough people that will leave as there are not many, if any, other places for Americans to go to for a working, functioning exchange. They have us by the balls.

Amber_Sam

>If you were in my position, what would you do? I would read a book called Broken Money (or The Bitcoin Standard) and get rid of all the shitcoins ASAP.

Boneh

You've turned a frog gay, contact Alex Jones ASAP.

Marcopolo620

Also just preformed a whois lookup and the website was registered on January 27/24. Which is very new and incredibly suspicious. I would recommend trying to withdraw your funds ASAP.

Twentyfour-pharmacy

just hoping BTC won't become centralized soon unlike USDT. just read [a post on a similar subreddit](https://www.reddit.com/r/defi/comments/1b0se6d/shocked_and_seeking_advice_my_usdt_purchase_from) and I will exchange all my USDT for BTC ASAP

Django_McFly

I'm not accumulating anything right now. I bought BTC, ETH, and alts throughout the bear and made as big a purchase as I could when everything ultra cratered. I made a major non-crypto purchase recently so the extra money I used to spend on crypto is going towards paying down the principle on that ASAP.

ResponsibilitySea327

I view it more like the horse and carriage. At some point it will get supplanted by something better. But right now it is the best architected alternative asset going. And the horse and carriage was used for *thousands* of years. Clearly BTC won't be around that long, but for now we are far closer to $200k+ than $0. **Your best bet is to get on the bandwagon ASAP** and ride that horse. Anything else is selling your portfolio massively short.

jetylee

Speaking of not working… that’s not how this works. Lol. You need a role model, ASAP.

KitchenBreadfruit816

He could technically pay all principle back ASAP

Innohurrytodie

That can only happen if a lot of people put a lot of money In the system, so the first thing I would think is that the price will crash and I probably should cash out ASAP. But as I usually sleep a lot... It may be too late and I may not be able to cash out.

veganbitcoiner420

You need to find that 3 people in your life who are ready and get them to stack 1,000,000 satoshis ASAP in cold storage. Bitcoin will do the rest and each on of those people will find 3 people

axnoro

Get it the fuck out of robinhood, you should not be buying bitcoin if you have such a large amount on a custodial site. Learn self custody ASAP.

magocremisi8

If I had 0.52 BTC on an exchange I would be panicking and getting a hardware wallet ASAP + metal seed backup device

pavoinspector

Get those on a hardware wallet ASAP

seusicha

If you swing a Hammer at a display and Thats ALL It does you should Go to a gym ASAP

Zipski577

Nope. As a whole, lump sum has historically produced higher returns. It is just riskier and harder for people to stomach huge swings in their account. Listen to your own logic, if it generally goes up, wouldn’t it be better to be invested ASAP rather than waiting for it to go up to invest a small amounts? The answer is yes. A dollar today is worth more than a dollar tommorow

FortyandLife2Go

Learn how to read/create smart contracts, ASAP.

FortyandLife2Go

ie you bought the top, now you're holding the bag until they all hopefully at least break even. ​ We've all been there. Get out of that shitcoin nonsense ASAP.

Blaasko30

You need to seriously wake up to yourself before you ruin your life, don't worry about bitcoin, pay your fucking debt off ASAP

redjason2373

If the goal is to be dept free then pay of the high interest debt ASAP. Bitcoin will still be around and more halvings will come.

karmassacre

Note to OP: your bank is going to want that money from your BTC sell to "simmer" in an account for several months before they consider it as part of your financing. If you're actively house hunting you need to go ahead and convert that BTC to USD ASAP

PulseQ8

The reason you will not be able to tell if the bullrun is coming to an end is because whales will be working hard to propagate noise narratives and dreamy "supercycle" bullshit and whatnot. Ignore the noise and stick to your strategy. Going with the herd will work at the absolute degen period of the bullrun but it will wreck you in the end, in fact when going with the herd is working that's when you need to get the hell out ASAP.

BlissKeyper

BTC complained that offer IRA set-ups need to post atrofies like this ! IRA is basically same as HODLing! I pray they onboard tons of bitcoiners to stack sats in their IRAs ASAP!

gadzsika

lol, if a dApp tries to approve infinite tokens, leave it ASAP and never go back

SmoothGoing

Yes, some tubes or whatever. They need to get on that ASAP.

jmadding

Cash out as usual. Your maximum withdrawal to your bank will vary based on your off ramp. Only transfer to yourself the maximum daily amount. Think of it like DCA trading. Notify your bank before you start, so you don't get flagged for illegal activity. Add this amount to your normal earnings. Save from that 200k the total taxable income as if you are getting payroll pay. Put this into a High Yeild Savings Account with your bank until next years tax time. A good tax pro will save you more than this, but you'll cover your ass. You're approaching needing to save 37% of this cash out, but may only need to pay about 10% depending on provable length of hold. Do your taxes ASAP next year. Get the taxes audited before sending them in. Enjoy your money.

Oheson

Who wakes up and says "Hey CPI numbers are bad. I need to sell all my Bitcoin ASAP!"? Bitcoin was way overbought.

Cryptophorus

If you care about it dropping then you are doing it wrong. Volatility is a bitch with this one. You gotta have balls of steel. I recommend you study and practice stoicism ASAP.

wayno1000

When it comes to making money or greed , people don’t lose interest. ETF’s, Halving, our Government and foreign Governments buying to cover themselves in case the bottom falls out of U S Dollar. I want to buy more on dips but I’m pretty sure it’s just going to keep going up , so I plan on buying more ASAP

kahareddit

Until it runs hard as fuck and they restrict transfers or selling. They’ve done it like 50x with other coins and stocks. Robinhood is notoriously fucked up. Best to buy and transfer out ASAP

Careless_Two6002

Invest just a few bucks wherever possible even if it's 100$ ASAP. Bitcoin will be 100k+ or 200k+ after a year.

myhappytransition

Why would you wait till after the bull run? Your fiat will have lost most of its value by then. Exit your fiat ASAP.

bigcryptofan

The sooner the better. The price will only go up from here. If you’re waiting for a dip next thing you know ow it’s at 60k. Get what you can comfortably afford ASAP.

Blooberino

There's a difference between yeeting your paycheck on the dog coin of the week and putting a small percent of your earnings into a top 50 crypto. Yes, ALL investing is gambling, but living paycheck to paycheck and hoping you never get sick or hurt is a lousy way to plan for the future. My dad told me to put X amount of my paychecks into a savings account and never touch it. That mode of thinking is archaic. Interest doesn't outpace inflation. Maybe it did one day, but not today. My advice to everyone in their 20s is invest ASAP. Don't wait til you're in your mid 30s, to begin to put 1% in your 401k like I did. I'm so behind the ball that crypto is my shot at not working forever and never being comfortable.

HopeMrPossum

What bank is this out of curiosity bro? My job is being the guy freezing ppl’s accounts in these sorts of situations, so I have some thoughts. TL;DR: Although they have every right to freeze your account and request evidence, IMO they’re overreaching, assuming guilt, their fraud processes suck and overall sound unprofessional as fuck. They do not seem to give a shit about you or your inconvenience which I fucking HATE. A few things - First your bank can ask these questions, it’s in your Ta&Cs unfortunately. Second, your bank seems pretty shit, hence why I’m interested in who it is. Giving a concrete 3-5 day timeframe with your account guaranteed locked up is… awful. Sounds like their fraud dept has their priorities backwards. They should operate assuming it’s a false positive and looking for evidence to support that, to avoid confirmation bias. When you see fraud all day every day you have to do things to stop yourself seeing fraud everywhere you look. In this case, the circumstantial evidence from your extensive crypto history on the account imo would be enough. Unfortunately they’re assuming you’re guilty so asking for this insanely intrusive evidence. Put it this way - if your account is as you say it is, no issues with an extended crypto transaction history to that destination, any good fraud investigator will be looking to get it unfrozen ASAP. They MAY be being told they have to get evidence - if so, they should be doing everything they can on that call to get the minimum evidence needed to clear concerns. Personally if I saw a colleague still pushing for evidence with a paper train of purchases like you describe, I’d think they’re a fucking moron. Other thing is - they don’t need to freeze your entire account balance, they could just freeze your withdrawal. It’s bizarre they’ve not done this, and if they can’t wtaf is your bank doing. Ultimately though, you’re not going to be in any trouble, they can’t do anything, don’t stress. You’ve a few options, you can completely refuse to cooperate and they’ll unfreeze your account. This could be a few days to a month at most. They’ll probably close it down though. The next is to refuse the wallet addresses/txn IDs, offer something else - like your deposit receipt, sale receipt, etc. This should be more than enough. Proof of purchase/ownership and proof of sale is more than enough evidence in relation to traditional investment assets. It should be here too. Frankly it’s fucked up to ask for your wallet addresses - maybe point out they aren’t allowed your entire account history if it’s at another bank. Yet they’re asking for that here which is fucking unacceptable. Lastly is to give them what they want, as I said above I think that’s pretty messed up though. I’d like to say they’d unfreeze your account then and there… but from the way your bank operates it’s going to be 3-5 days wait regardless.

oogally

Assuming you're in the US, federal long term capital gains is now 0% for the first \~80K of income (state tax may still apply) and then 15% on anything above that. Your tax burden may not be as steep as you think - definitely look into it. The market has been in the recovery phase and hasn't gotten too heated yet. If you want back in, now is still a reasonable time, i.e., the hype/mania part of the cycle hasn't hit yet. If it was me, I would calculate my taxes due and put everything else back in ASAP. If you're not used to the bitcoin roller coaster however, it can be wild ride. A popular approach is to DCA (dollar cost average) a smaller purchase every week/month/whatever. This has the effect of easing your nerves as a dip is an opportunity to buy at a lower price and a run means the purchasing power of your holdings went up. Statistically, it performs worse than a lump sum buy, but if it lets you sleep at night and not panic sell, then it's absolutely worth it.

fraGgulty

Why would you risk that? Just to get it off the site ASAP?

AbsintheMinded125

I wouldn't worry overly much about the tax debt. 1-2% interest rate is very low and you should never rush to pay down low interest loans unless you have an abundance of excess funds. Just make sure you stick to the allotted payment plan you agreed upon with your tax service, as missing payments can make them pretty cross. the credit card is an entirely different matter. Credit card interest rates are high and will kill you so it should be paid off ASAP before literally anything else. However, if you are reluctant to cash in some of your bitcoin to clear this debt there is an alternative. You can get a line of credit (requirements will depend on where you live) from your bank for the amount of your credit card debt, or if they won't give you a 6k line of credit, then get one for as much as they're willing to give you. Use the line of credit to pay off your credit card, then slowly pay down the line of credit as you go. LOC interest rates tend to be a lot more lenient than credit card rates usually under 10% around the 6 to 7% mark. Which gives you a better chance at paying your debt down over time without touching your stack and without getting gouged by soaring interest. I know there is a serious amount of hate between personal finance and here, and vice versa. But any sane, objective person with some financial sense would tell you to always pay off high interest debt asap and slowly pay down your low interest rate debt.

erizi0n

I’ll give you the best two options for you to act on ASAP! 1- Read this post and contact them! It’s the U.S. San Francisco crypto task force for these kinds of things! They are the ones who will make CEXs DOX your scammer… https://np.reddit.com/r/CryptoCurrency/comments/13h2mar/ama_on_rcryptocurrency_with_the_us_secret_service/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=2&utm_term=1 2- Check this crypto bounty hunter/blockchain investigator (u/Queasy_Length_1016), and contact him! Read his story: https://np.reddit.com/r/CryptoCurrency/comments/yezl4u/my_adventure_as_a_crypto_bounty_hunter_and_some/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=2&utm_term=1 There’s a chance he finds out his wallet and trace it back to a KYCed acc on some CEX (centralized exchange). Best of luck to you!

Ofulinac

Thank God Moon distributions are coming back soon, this place really needs a breath of new life ASAP!

Gekiran

Don't force your religion on others, simple as that. You might be right but other people have other things in their minds. Although I'm generally interested in bitcoin I would search another barber ASAP if they started lecturing me about their opinion on macroeconomics.

Old_Way375

Have a significant stash on River at the moment, (and some on a Trezor.) Setting up a cold card with Sparrow now. Wondering how important it is to have my own node when I withdrawal those coins from River. I'm a few weeks away from getting a node set up. Should I get those coins off River ASAP? Or wait to get my own node going? I'm referring to this page regarding best practices: https://sparrowwallet.com/docs/best-practices.html#how-to-store-bitcoin

bitcoin_islander

Wow I just serached my email and found my link from 2019 from them. Will be making a new wallet ASAP today.

explosiveplacard

Exactly right. RH is trash and should only be used for the purchase. Get your corn in your control ASAP.

Kazgarth_

Get a new Trezor, transfer your Bitcoin there while you still can. ASAP.

xblackdemonx

Move them out ASAP! Not your keys not your crypto.

abx337

Move it ASAP. Trezor wallet.

SmoothGoing

They are $2 billion in debt and need all the money ASAP.

erizi0n

I’ll give you the best two options for you to act on ASAP! 1- Read this post and contact them! It’s the U.S. San Francisco crypto task force for these kinds of things! They are the ones who will make CEXs DOX your scammer… https://np.reddit.com/r/CryptoCurrency/comments/13h2mar/ama_on_rcryptocurrency_with_the_us_secret_service/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=2&utm_term=1 2- Check this crypto bounty hunter/blockchain investigator (u/Queasy_Length_1016), and contact him! Read his story: https://np.reddit.com/r/CryptoCurrency/comments/yezl4u/my_adventure_as_a_crypto_bounty_hunter_and_some/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=2&utm_term=1 There’s a chance he traces the scammers wallet back to a KYCed acc on some CEX (centralized exchange). Best of luck to you!

nyjrku

Jesus op. Delete this whole post ASAP. A little bit in 2013 could be worth millions now.

LINKboi6969

https://grvt.io/exchange/sign-up?ref=HYK3RJ3 Hey guys!!! Super excited for this hot new airdrop bc it doesnt seem too diluted. Its new and we can start working on this rewards system ASAP !! Only 3 people can use this exact code above, and its so new, all we have to do is follow on twitter and spread the word. Please help me and ill help you ;) lets do this together!!! #team #crypto #airdrops

LINKboi6969

https://grvt.io/exchange/sign-up?ref=HYK3RJ3 Hey guys!!! Super excited for this hot new airdrop bc it doesnt seem too diluted. Its new and we can start working on this rewards system ASAP !! Only 3 people can use this exact code above, and its so new, all we have to do is follow on twitter and spread the word. Please help me and ill help you ;) lets do this together!!! #team #crypto #airdrops

thistimelineisweird

...call your bank? Unless there is a national law preventing it, my conversation with my bank would be as follows: Me: "I want to move money to \[exchange\]" Bank: "That is risky, you cannot do that." Me: "I recognize the risk and want to do this." Bank: "We will not allow it." Me: "I would like to cancel my account, please remit my outstanding balance ASAP."

Mr_WildWolf

🤔 IMHO you have a gambling problem. Just like alcohol or drugs. You have to get some help ASAP and stay away from trading, casinos and any kind of betting.

SnooDogs8705

Appreciate these responses guys. Suppose I've been ignorant and a bit lazy. As much as ive heard of the terms ill be going to check out what btc self custody really means and will get into a hardware wallet ASAP. Cheers folks.

BeginningBeautiful69

You have fallen for a pig Butchering scam my friend. All the funds were sent to Huobi. It's probably a south east Asian twenty year old who has had their passport taken from the and they've been forced to scam you. The person is likely not female. The pictures you publish are modelled or stolen. The platform you show is just an empty bullshit application designed for the sole purpose of scamming people. Complete an FBI IC3 online report and contact your local police force ASAP. Unfortunately the chances of getting anything back are slim. Sorry for your loss. 😔

Cptn_BenjaminWillard

I'm paranoid. I'd be tearing keys off the keyboard, trying to move everything to a new clean wallet ASAP.

Jordan_paid_001

HMU ASAP I’ve got a project which you’d love to hear about . Stay blessed ✊🏾 Happy new year 🎆

Ystebad

First you can sell bitcoin for any currency you wish. Second you can use Bitcoin ASAP currency between consenting parties. Get rid of the dollar mindset. Its days as reserve currency are rapidly coming to an end I’m afraid.

xt1818

USDC is a centralized scam, reach out to them ASAP and they can return your money.

s1fro

1. Trilema is solved but you need to get better adoption to fully realize. As soon as we get more interest towards decentralized infrastructure by design and bigger investors it's solved in a lot of 2018+ projects. 2. Scams are a thing everywhere. People still get scammed via email. People get scammed through SMS, in game chats, in person, Facebook... And they pocket the money via PayPal, Cashap, standard bank account, cash... My point being that it's just a part of the system. Wallets should implement better security and you need better education. 3. It's about the same for all smaller assets. I prefer more volatility and it being accessible to anyone than strictly controlled and locked away from everyday investor. I'm talking about normal projects. If you're talking about shit coins/ actual vaporware/... then again you need some warnings + common sense. Most new coins with no credible sources, papers... are schemes to get your money ASAP. In my opinion you have way bigger problems. Mine are that you still don't have good interoperability between all the chains and poor standards there in general. Giving your money to exchanges is scary now because you don't know when govs will make an example out of one even if it kept funds safe and complied with regulations. Stable coins are also scary. Tether is a shit show and with other stable coins collapsing from time to time it doesn't leave the best impression. There is still a lot of manipulation, shady interests, insecurities... everywhere... Those are just some that bother me ATM.

jfhsdkjfhsdkjfhsdkjf

>So I set it all up with my PC downloaded the app from the website I ordered the Jade from I'm concerned about this. Your wording makes it sound like you purchased the jade from some other website BESIDES blockstream.com If so, that would be a grave error, and I would try to immediately transfer any funds you still have access to another wallet ASAP.

PovasTheOne

I'm about to take a vacation to Wuhan and eat some bats in hopes of kicking off Covid 9000. I want those stimulus checks, money printers 24/7 and low interest loans to come back ASAP.

Signal-Judgment

We've always been told to move BTC off exchanges to cold storage ASAP to minimize counterparty risk. Now we're being told that we should not move BTC off exchanges ASAP and instead accumulate BTC on exchanges to minimize UTXOs. So wtf is the answer then?

retrobushwacker

PLEASE…. I beg of you do NOT make me say I told you so. Get in this bitch ASAP!

hstarbird11

I wouldn't touch trust Robinhood for a second. Move your BTC on a cold wallet ASAP. A Coldcard or Bitbox is going to be the safest, but I personally found my Coldcard more difficult to set up than both my Ledger and my Trezor. I like my ledger the most but they are not open source and they're less trusted by the community in general than other cold wallets, but I think it's totally safe as long as you keep your seed phrase to yourself. Trezors also work well, but I found it a little more challenging to set up and I don't like their app as much.

chanfest22

Awesome, thanks. Will be back in touch with you ASAP

myhappytransition

>Someone pls add if I’m missing or wrong. But from what I read and understood years ago reading about btc purpose was to change this spending economy to a saving economy. i would say its like turning the economy back into a normal balanced one. In a normal economy people save when they dont have anything they want or need to buy, and by saving they increase the value of others' spending altruistically by reducing the circulating money supply. In an insane fiat inflation economy you have to spend fast or you lose. And that even means getting into debt, or else you fall behind the music and have to eat cantillions ass end. In an insane fiat economy, the most moral and altruistic people: the savers, are punished, while the reckless debtors are rewarded. Its truly a terrible system and needs to be ended ASAP if the human species is to survive. Fiat is a parasitic failure mode of society.

SecularAdventure

My future self would find a way to kick my own ass if I ever sold this early.  If you absolutely have to sell, just sell in the amount of monthly payments every month. Get on your feet ASAP and stop selling when you can make ends meet. Don't full on liquidate and wipe out the debt because the chance of you getting a full coin again is slim. If it were two years ago the advice would be the same. We don't know what's going to happen.

lennethluna

Did you let any of your crypto in CEX? Or you buy and move to on to the wallet ASAP?