IMO

FullOf_Bad_Ideas

IMO, global M2 growth.

Useful-Amphibian4841

It's not October yet lol, even if the bottoms passed already Ben was close enough to deserve credit IMO.

Technical-Complex185

Honestly, I don't think there's one magic system that just keeps making money in crypto forever. Markets change too much for that. What helped me was keeping things really boring 😂 Pick one setup, backtest it properly, paper trade it for a while, and then use very small size when you go live. I'd care way more about whether the rules are actually repeatable than whether some trader is showing a screenshot of a huge profit. I also wouldn't trust anyone promising guaranteed returns. If someone can't show a verifiable track record and explain exactly how they manage losing trades, that's a pretty big red flag. For the actual trading side, I've used Delta Exchange for crypto futures, but the platform isn't really the important part IMO. Your entry rules, position sizing and risk management matter way more.

ImmediateShape4204

Doge under 10 cents is the ultimate no brainer. Guarenteed 3x IMO in any bullmarket, potential for 10x+

ATP_generator

right. VTI, VOO, VOOG for USA VXUS for international exposure. as long as the whole country doesn't burn down, you know these \^\^ are nearly certain to be successful long term (with a never-sell-till-retirement mindset) I get allocating more than 5%, but IMO once you approach 20% and up, that seems like a foolish gamble. more skin than I'd be willing to lose.

avance70

5%?? IMO that's wishful thinking, they are probably not counting that one person can have dozens of wallets, especially companies

Kzaanb

Yes this is why I only use Hyperbeat They are the best player in the game IMO

Born_Elk7497

Show her the USD/BTC chart. It’s much more jarring than the BTC/USD chart IMO.

word-dragon

So it’s an ad, IMO. Soliciting clients so you can perform a compensated service. Nothing wrong with that except Reddit has rules for advertisers.

SpareEconomy1849

I think it will have no noticeable effect. Most miners are in pools and get paid out shares anyways, they mostly look at a payout rate based on hash rate, all they really see and care about is that payout rate and the fact that the payout gets halved every 4 years. The payout in a pool also fluctuates based on the total network hash rate as well. *Maybe* it might stop a few solo miners from buying miners, but if they are forking over thousands of dollars for miners, I assume they'd be looking deeper than the nominal value of one solo block, more like ROIC etc. if anything, it might affect whether a miner goes solo or joins a pool IMO.

FitCompetition1804

I’m hoping but am not confident. I do think the $72-73k resistance level is big. Do expect it to eventually test that. If it doesn’t hold support, I expect the upper $60k’s again, but unless we have some very bad news elsewhere or a black swan event, low $60k’s and below might be tough to get to. If we reach a lower low somewhere in the $50k’s I’m loading up. Dipping into the $40k’s would take a significant macro event to cause it to dump that hard IMO.

EncrustedBarboach

I think crypto bubbles does it better IMO

FitCompetition1804

$1 million is possible in the next 10-15 years IMO.

Perrit0Malvado

I'm trying more to find a dynamic bot that can know which strategy to use depending on the situation. It will be IMO less work

Kitchen_Net_GME

I commented the same thing. The 40K October crowd was loud. IMO it’s still a contrarian thought that we just keep scooting up. Not really sure what the original commenter sees. I mean that sincerely. We all see different algorithms on social media

_Adrian_Morris_

Leverage wasn't there, volume was 3-5x so not sure what you are looking at? There are too many alts now for everything to get a taste IMO. Outside of ETH, SOL and a handful of others. That said, ETH and SOL are both up almost 50% over the last month, Even AVAX and a few others caught a bid, so again, not sure what you are looking at.

SAAGASolve

>To me, it is always a good trade because you're giving up something that belongs to the old, slowly dying monetary system in exchange for something that could become truly future-proof value. Personally, >And the part about AI agents is fascinating as we Dude, for real, the old world is dying and all the wealth has to migrate. It's about the market infrastructure. Which people don't realize exists because it is so essential and integrated into society. It's literally the root of our civilization. It's like talking to fish about water. We simply can't exist as a civilization without it. The thing that allows all trade, is changing. We have to swap it out. Yea, the agents get the ability to create equity, raise capital and pay dividends, buy sell goods and services. The technologies are close to synergizing. IMO, that is the real turing test, can an AI agent participate and survive in the economy independently. Like a human does.

hpaynecrypto

TLDR: Every self-custody setup has pro's and con's. No matter which way you end up going, its important to enter it with your eyes open to the potential failure points and do your best to anticipate/mitigate them. I first and foremost want to disclose I am a Casa employee (our whole business is multisigs). Its also important for me also to call out that "wallet" is a huge misnomer in this space and really all a wallets job is this: Generate entropy for your seed & sign transactions. IMO some of the more "fancy" wallets that have bluetooth, etc etc are just more points of failure (I might just be a boomer though). People always think "higher number from wallet manufacturer = better", I think the simpler, the better. When it comes to steel plates and washers, I am a fan of those BUT only if they can be sealed in an opaque tamper-proof bag so you can know that no one has come along, snapped a picture and walked away (you would be surprised at the # of housekeepers, ex-partners, etc do this to get back). With anything, there is always a subjective bias and I will try to present both sides here as objectively as possible. One recommendation I tell anyone who asks me at Casa when trying to understand what setup they should run, I ask them if they multiplied their assets value by 10, what kind of security would they want to protect a stack that size (I am bearish on fiat in general). I will put my general recommendation as to what size of stack I think each setup really is equipped to handle here; NFA, dyor, etc etc. **Single-sig:** **(0-0.25 BTC)** **Good:** \- Only have to manage one device \- SUPER easy to get up and going (this can also be a con) \- Lot of options **Not so good:** \- You are relying on the entropy from that manufacturer to be good. (and YES you could roll your own dice, and do all of that self-custody security p\*rn, but like, lets be real, the average person probably will not do this) \- If that device breaks (I have seen this SO many times) or is lost and you did not backup your seedphrase, you are cooked. \- If you forget the password to your device (weirdly enough I have also seen this happen) and have not backed up your seedphrase, most devices wipe or lock out after X number of wrong entries. \- Inheritance is "managable" if you can somehow get someone you trust the seed and believe they will not leak / lose / heist your coins. Personally, I do not trust anyone else with that information / to execute on implementing it if I wasn't there to guide them. \- Vulnerable to natural/political disasters (if a fire rips through and cooks the device + seedphrase, big problem) For some flavor on this, I ran like 6 or so single-sigs for probably most of my early crypto career (started in 2016) and just spread my funds somewhat evenly across all those wallets. The only problem with that is if one device is compromised/lost, you lose 1/n parts of your stack. For some, that is an acceptable risk given size/risk posture/etc, as it's better than losing 100% of it. As I have gotten older and the stacks have grown in fiat value (and hardware wallet vendors have begun doing more dubious things), the negatives listed above has become more of a concern to me. \_\_\_ **Single-sig with Passphrase:** **(0-0.5 BTC) <= I want to put 0 BTC due to how many people I have seen lose funds from forgetting their passphrase and being locked out of their stacks forever.** I call this the 2/2 multisig because if you lose one or the other, you are cooked. **Good:** \- Only have to manage one device \- Lots of options \- You can ensure entropy protecting your funds is \*slightly\* more robust through the passphrase **Not so good:** \- A "secure" passphrase isnt just one word. It's more like 8 words. Lots of folks set too weak of a passphrase to really matter OR set a super long one and then don't treat it with the same protections as a seedphrase. \- Inheritance is pretty much same risks/issues as mentioned for the single sig BUT you are also counting on someone to remember your passphrase as well (and know how to restore your wallet) \- Same vulnerabilities as above re: political/natural disasters. \_\_\_ **2-of-3 multisig:** **(0.5-1 BTC)** Most basic multisignature wallet setup. **Good:** \- Multivendor exposure on your keys (not going to name names of Hardware wallet vendors who have recently let us down). This also means you are not reliant on the entropy of just one key HOWEVER if a key does have bad entropy, it should be rotated out as soon as possible. \- You can geographically distribute keys (helps against natural/political disasters) \- You can set one up in Sparrow if you are technically inclined and if you need someone to help you, there are lots of companies out there who can \- Inheritance can be easier as you can just give your dad one key, and then have the other (and the wallet descriptor) given to him by your lawyer/etc if you pass, and then he can open and move your funds (as long as he knows what to do) **Not so good:** \- **Lots of potential footguns:** Not saving your wallet descriptor as well as your three keys when setting it up, losing two keys (ex: you lose a key and your dad loses the key you give him) \- Inheritance is still somewhat tricky but managable (I would argue more managable than a single-sig since you could literally give a lawyer a key and there is no way they could access your funds before you die). **3-of-5 multisig:** **(1 BTC+)** Probably the largest # multisignature wallet setup I could recommend without sounding insane. I know a couple people who have a x/10 (or higher) multisigs, and imo thats just too much to be even considered reasonable for the everyday person (myself included, and I literally work at a multisig company). **Good:** \- Multivendor exposure on your keys \- LOTS of redundancy \- You can geographically distribute keys \- You can set one up in Sparrow (or use other companies) \- Inheritance is super slick in that now you can give two keys to two different people, and migrate that as a single point of failure (and they still wouldn't be able to move funds) **Not so good:** \- More keys to manage \- If you DIY, same footgun comment as above re: descriptors, etc Looking at the clock now, I realize I spent a lot more time writing this than anticipated so somewhat cutting this short (might do a pt.2 later when I get some more time). OP, I hope this was helpful and I wish you the best on your self-custody journey.

LiquidityCompass

Pretty big deal IMO. $6.7B in USDC now generates yield, with most flowing into HYPE buybacks. Basically a second buyback engine that grows with the platform. Hard not to like those tokenomics.

FitCompetition1804

That’s the key level IMO. I hope it doesn’t because I need one more dump to accumulate more cheap sats before the end of this bear market. I think we will get a draw down, just don’t know how low it will go or if we will get close to or below the previous low.

LokiLoke95

Oh we will get there. Give it a month. We are forming the lower high on the chart as we speak. Perfect entry for a short back down to around 45-50k IMO, and I am continuing to accumulate. It just seems the most likely outcome. We see over 20% gains after BTC had been dead money downtrending for a year or so, which triggers retail FOMO and when everyone jumps back in they will rug it back down until finally everyones lost hope. Then and only then, will it pump.  Naw but FR who knows? Thats just my theory.

JimmyWhatever

No possible way unless there is some black swan event where the network is compromised somehow or a massive bug/flaw is detected. Again, extremely unlikely IMO because it’s open source and people have tried hacking/breaking on it for 15 plus years.

Romanizer

Almost all indicators are bullish, bears failed at breaking through both 200WMA and power law bottom. Sellers are exhausted. Clearest start of the bull market we have ever seen, IMO.

ben-zhu-0305

IMO,I prefer to buy SOL

lexicon_riot

It doesn't need more use cases, but it needs more adoption of its existing use cases.  Mainly that means more use as a payment network. IMO the holy grail will be stealth BTC payments. That being a system in which you can spend BTC in aanner that interoperates with any traditional fiat rail. Square is giving us a taste of this so far. You can spend BTC over lightning, and a square merchant will accept the payment, receive fiat, and never know or care you used BTC. PlebQR is based in Thailand, and let's you fulfill a fiat QR payment request with BTC, basically through a p2p exchange where another user pays your fiat bill and receives your BTC. Once this basic concept proliferates more, there will be zero convenience cost for Bitcoiners to spend it. You can easily get paid and spend in BTC, and you won't have to bother with finding BTC merchants or asking "do you accept Bitcoin?" This is how Bitcoin hits the next phase of growth, to sustain a floor well into the six figures. If Bitcoin advocates have the ability to live fully on a BTC standard, things will really start to pick up. I also think stablecoin payments long term are huge for BTC. Not only because stables can operate natively on lightning, but because psychologically it moves people closer to how BTC payment UX feels. Governments will push stablecoin adoption to subsidize demand for US treasuries but it long term plays into our hands.

mattimeoo

All options I've seen are pretty ridiculously high interest rate and you're required to be over collateralized which is insane to me.  It's all in its infancy right now, but as it matures I'm sure rates will get more competitive.  That's what people should wait on right now, IMO.

opensandshuts

IMO, Ripple will hold off on integrating CCIP until they are absolutely have to. My understanding of Ripple is that they seem to be betting on XRP being the "gas token" for transactions on XRPL. Integrating LINK would be an indicator that XRP may not survive.

PikaBanee

IMO the use case is to store your value through time and space in the hardest money ever created. It’s just that simple.

TT_________

No one 100% knows which way it's going but they can see levels of resistance, support, volume, moving averages, liquidity levels etc.... traders will trade between the levels and buy when it breaks with support and vice versa. IMO Right now I wouldn't call it a bull market yet.

Suitable_Acadia_190

Vertical accumulation eventually pops, IMO were entering that part

Hail_the_Yale

IMO Trezor (excluding new people the last month in a half apparently) or Coinbase. I think Coinbase is a good company.

KryptoSC

Speaking from firsthand experience, if you or anyone plans to diversify their Bitcoins, the best way to do it IMO is to convert your real Bitcoins to one of the ETFs like IBIT and buy ETF equivalents of gold or silver or even real estate. Then when you are ready to exchange portions of it for gold or silver, you can click a button to sell and another click of a button to buy GLD/SLV/VNQ. This is the most frictionless way to exchange. If you buy actual bullion or real estate, then you will be dealing with expensive transaction fees and other inconveniences.

Open-Task6758

IMO, you will given another opportunity later this year. This is a typical abc correct. 5 waves down (started October 25”) now we are in 3 wave upwards move which will get a follow up with 5 waves down with a high possibility of new lows. From my experience the best strategie is not timing a market but rather DCA the downside. IMO a good range to start accumulating back in is around 65k down to 40k or lower. Also if my strategie didn’t go as planned I look at the chart time wise. BTC has a tendency to follow a time based cycle which for this cycle the bottom would occur around October this year…

Fastest_light

For believers or traders, this is a good time to buy IMO. If all goes well, it is time for it to go 200K, that is my bet.

Jayar9000

Too soon IMO, money is still to be made before they allow the bubble to pop

ScholarPrize1335

This is spot on IMO. Risk on and none of the highest performing high risk tech stocks pump? Both gold and BTC have not had good years. Risk on isn't limited to high upside weak recent performance. It's high upside high recent performance too. More likely it was a compelling narrative, shorts being covered and HFT that can get in and out quickly 24/7.

ActualTangerine2583

Ofc BTC won t go anywhere…but IMO what we witnessing at the moment is not begining of the next bull market…it s bull trap fueled by speculation and market manipulation

Romanizer

Your OP implied so, IMO.

Comfortable_Sir2923

IMO BTC wont go anywhere... Crypto might shift more towards stables as we see in states a lot of work being done to make stables adopted more than BTC...

Charge36

Not a very fair comparison IMO. Yeah going to 0 to 1 is big. There were plenty of crypto projects that never went anywhere. Getting lucky with the one that did is hardly a reliable strategy 

SpareEconomy1849

No, don't borrow money for investments IMO. Bitcoin will be there in 6 months. It may be 2x the price, or it may be half. Nobody knows. I suggest you ask your dad if you can do some chores for extra cash instead of asking for a loan

drew2f

IMO Shorts were squeezed when someone in Trump's circle leaked his notes for yesterday afternoons presser. There is also a chance this has something to do with Bessents comments about buying long bonds, but I think it was partly that, partly a leak and partly a squeeze. Nasdaq and SPY down and BTC up so much seems odd to me.

Hold_To_Expiration

Short squeeze, for sure it's part of the violent moves. IMO.

opensandshuts

I appreciate your willingness to discuss it civilly and know you did not name call anyone. Everyone knows the "value" accrual hasn't been there. My issue with detractors is that they act like they've been rugged, when LINK publicly announced the schedule for selling supply to fund the project. It's no different from AMZN being founded in 1994, going public in 1997, and not becoming profitable until 2003, nearly 10 years after being founded. Are investors mad at AMZN? Any AI search can tell folks that, but it's easier to parrot a "rug pull" narrative. How else are they going to pay a staff of engineers, business leaders, etc. to work on this project for 10+ years? Would folks rather they accept a ton of VC money like Solana and others? IMO, the fact that they are selling the token to fund the growth of the project is compelling. **The 2017 ICO:** Chainlink officially raised $32 million in September 2017 **by selling LINK tokens directly to both retail and institutional participants.** Historical Supply Dynamics & Releases (easily researched): * **Initial Allocation (2017):** The initial 1 billion LINK supply was divided into a 35% token sale (private and public), 35% for node operators/ecosystem incentives, and 30% for the parent company/reserve. * **Economics 2.0 Shift (2022):** The Foundation pledged transparent periodic movements of non-circulating supply (such as capping early targeted releases to 50 million LINK) to support initiatives like staking. * **Quarterly Unlocks:** On-chain analytics routinely track predictable multi-million LINK movements from non-circulating Foundation/Team addresses (often releasing 10M to 20M tokens quarterly) into operational or exchange-labeled wallets. * **Current Circulating Supply:** Out of the 1 billion hard cap, approximately 748 million LINK (\~75%) are in active circulation, while the remaining balance resides across designated non-circulating or staking contract vaults

webisticsmarketing1

its true to a point mainly b/c of real estate IMO. Take a look at any of the "dream locations" you might want to live in the US if you were wealthy. Now look at what even the most basic starter property there costs, in 2026 good chance that it will be over 1M as it is. Once you can afford to buy something and live anywhere you choose I agree that chasing extra $$ starts to lose meaning but the floor is probably something like 3-4M

0x_Crypto_Pirate

IMO while contemplating, start reading books about Bitcoin. The Bitcoin Standard is a good start. Unless ypu really want an out from Bitcoin, then selling is the way. But if you still hesitate, then start reading

generateduser29128

IMO having a 100% Bitcoin portfolio after retirement is a bit crazy. The future returns are also not going to be as high as they used to be. We're hitting the law of big numbers.

MaleficentSelf9790

Bearish monthly candle imbalance @ $72,364.13 But your take is correct IMO. Gotta get back down to 49k before I add more.

nosimsol

IMO too bold to say at this point. It went up for whatever reason, liquidated shorts, went up some more because of that. If it doesn’t hold above 70 I suspect it will bleed out back down through September

crimeo

Although yes if the total prize scales proportionally to the attack cost you can argue security is similar in a sense, I would say that the fact the list of possible attackers drops way down makes it much less likely still beyond that. One of those 5 state level entities has to want to vs some rogue crazy billionaire individual I agree completely on the mining long term situation though. Though ethereum is more likely IMO to take over

Ark3tech

I agree a lump sum is probably best at this point. I believe we’re only talking about a few thousand dollars of decline if it hits another dump. If it does go back down I don’t think we’re going below $57K. If we do, it’ll be a very quick wick, because it will be bought up immediately IMO.

Vast_Stranger_1653

If you take out this kind of sized loan then lose and don't have enough to cover the loss immediately, it will be devastating to your future. Don't play with money you can't afford to lose. 30% of you income is too much IMO, and many others opinions

Electronic_Quote399

People will allocate different amounts, they'll tell you to go all btc or drop one or the other, but it's a good start, its all the basics. I would personally drop xrp, but you probably wont lose money buying it at these levels IMO. I'm not an xrp fan but I grabbed a tiny bit myself because I expect Ripple to throw everyone a bone here pretty soon. Its tokenomics suck, and its heavily manipulated, the company control a lot of the supply. But, as long as you aren't one of those guys who just goes all in, all xrp, all the time... it should be all right. Myself I don't even have any BTC, I'm about 35% sol and 35% ether. If you want a moonshot, consider a little keeta (KTA). I've done very well this year with it. I'm leaning on it pretty heavy right now with 11% of my portfolio, i'm really betting on a short term bounce. I would definitely recommend adding HYPE to your list, though its probably a little too high to buy in right now in my opinion. Throw $10 in, monitor it. If that $10 drops down to about $7.50 or $8, I would say that's a better buy in point. Personally, if I dont own a little, I wont monitor the price, which is why I say grab $10.

No-Wrap3568

It's a genuinely good advice for anyone looking to get started in self custody and find it's technically very complex. The one problem one might face with this is seedphrase management, if you're handling more than 1 seedphrase, you'll really have a hard time defending or keeping safe both of them, if any of the one is lost or stolen, your money's gone forever. IMO having a seedphrase backup device something like a cypher-rock would be a good choice to handle this setup, even I'm doing the same at the moment, I've backed up my sparrow and jade in it, so I don't have to manage any seedphrases, just 4 cards that I keep in different locations, I'm good even if I lose even 3 of them.

haochizzle

much better investing going to network school, edge city goa, or devcon mumbai IMO.

choicehunter

I see your point, but existing transaction fees already cover that use case. It doesn't make sense to punish people more for holding longer to try to force people to spend money quickly while it's worth more. Wasteful consumerism of things that deteriorate quickly is a bad thing to encourage and reinforce IMO. Just leave the transaction fees as transaction fees. They cover the security costs even when mining dust disappears.

sirhowy

IMO, as a newbie, regulated exchange with 2FA with a bit more experience, and effort, a trezor with a strong passphrase.. I'd highly recommend just chatting to AI to run through all the risks and best practises, it's surprisingly useful for that one thing I'd recommend, if going the Trezor route, don't wrote the passphrase into a keyboard, use the device, this is definitely a point of weakness. I don't have one but apparently some of the new trezors have a touch screen keypad. The old ones are a ballache to input everything with just two buttons

my-sec

u/LazyTech8315 Also check out dice towers and/or backgammon baffle boxes. i also recommend getting different colored dices, reason is you can than easily make rules/conditions in what order you write down the numbers. for example 1st is red dice, second is the blue dice and third is the white dice. i personally would just use d6 dices as working with these is best documented and explained. best dice tower suggestion is the: kwikroll-dice-tower I think this is the goat vid to watch on youtube. it will provide 3 independent sources to input and verify the output of your entropy... OFFLINE.This IMO, is a must see. youtube: # Dice rolls with ColdCard: How to generate and verify seeds with Dice uploader: [Southern Bitcoiner](https://www.youtube.com/@SouthernBitcoiner) 11.7K subscribers duration 18.08 [https://youtu.be/hXJNLvAVar0?si=euW6-3fFyTeoUJgW](https://youtu.be/hXJNLvAVar0?si=euW6-3fFyTeoUJgW) [https://www.youtube.com/watch?v=hXJNLvAVar0](https://www.youtube.com/watch?v=hXJNLvAVar0)

RedKard76

This is the easiest way IMO. After a month of not accessing my email the wife will get an email where to look for a message with further instructions.

Rotilho

Audit trails and spending limits are the baseline, but I don’t think they are the main blocker. Reputation isn’t either. The harder problems are latency, fees and compliance. Many of the networks used for x402 are simply too slow for machine-native payments. A few seconds may feel acceptable to a person, but an agent may need to make dozens of dependent calls, where each payment unlocks the next action. Those delays compound across the workflow. Then there is the economics. If an API call costs $0.0001 but settling the payment costs $0.0002, the payment rail costs more than the service. That creates a minimum viable transaction size far above the actual value of many calls. Batching or prepaid balances can reduce the cost, but they reintroduce balances, deposits and state—the friction pay-per-call payments are supposed to remove. Finally, this is a part IMO make neglected: compliance remains largely unsolved. VAT and invoicing obligations can apply to each taxable supply, with the treatment depending on the buyer, seller and jurisdiction. That framework was not designed for autonomous agents making thousands of tiny cross-border purchases. Source: I have been building a x402 marketplace.

word-dragon

I wouldn’t call Coldcard a breach of trust. I looked at Coldcard and decided to pass because the company size was small, the rigor in software was not apparent, and I got the sense that they talked a good game. Kind of typical of companies with a charismatic leader that runs fast. IMO people fail to review the companies that make the tools as they would an investment. There is a lot of strong opinions in this area, and a lot of focus on how the product works and what features it has. How solid the company is, and their maturity is usually way down on everybody’s list.

Delicious-Dog-3809

And this is why it's considered a risk asset. It's not FDIC insured meaning if a bank loses your money or you get hacked, you'll probably get it back since that money is FDIC insured, crypto, not so much. Falling for a social engineering scam when EVERY single wallet hot or cold tells you never to share your private keys or setting the slippage to 100% and claiming you fat fingered it, lol, is mentally deficient behavior. I'll give you a counter argument for this. The term not your keys not your coins is very real. I use to keep a substantial amount of money in a certain exchange (like the #1 exchange in the world right now) and they locked my account requesting the most insane forums i've ever been asked for in my entire life after already using them for 6 years with multiple 6 figures, and having submitted my KYC many years ago. After threatening legal action I was able to get my money back 1 year later. If you have under $10,000 in crypto, using an exchange isn't a bad idea I guess, but you're literally just using a bank for crypto which is not what crypto was meant for. It's all relative to how important that money is to you. IMO if you are high 5 figures or 6-7 figures it is insane not to use a cold storage wallet. If for what ever reason you're dumping a lot of money into crypto without understanding how it works, what safe guards you can take to prevent theft, and don't have a very basic understanding of how the block chain works, crypto just isn't for you.

ToddlerInTheWild

Folks wanted crypto to be the earth-shattering tech that AI is…But it’s not. What problem does crypto solve? It was just the most recent fad of penny stock speculation.. that’s all any of the coins were outside of BTC. But IMO, even BTC is toast in the long run.

Potatodemonx

Video quality is too good IMO. I should get off the internet for a while.

Sad-Possession7729

Converting a non-marital asset into a marital asset? Probably not the best long term financial strategy IMO.

KillaCamCamTheJudge

That they do. IMO: a silly thing to spend money on a single evening or day. Doesn’t mean I am not also a victim. Just different strokes for different folks

NotASpanishSpeaker

I don't think a *majority* will be carrying their crypto with them. So I don't think it would be an immediate (say 5-10 years after this apocalypse) thing people will be reusing. Even if a majority of crypto survived, IMO people wouldn't consider it has any value. In the post apocalyptic era you already know what is necessary: water, food, shelter, medicines. There is a long list before crypto comes up.

7MPHSloth

I think perhaps due in large part to the actions of the current "leader" of the United States, and those of his family, have eroded a huge portion of trust and confidence in crypto to those that may have been on the fence about it. IMO this involvement has caused more damage, at least from a physiological perspective, then all the failed exchanges and hacks combined.

TownNo1342

Currently DCAing IOTA. Combining TA and fundamentals here. Chart shows a nice bottom accumulation, and they have huge news coming up with the ADAPT project and institutional adoption in Africa. Highly undervalued IMO.

Purple-Marsupial5855

Crypto is more than a fad… Useless meme coins can be seen as a fad and IMO are done (maybe they’ll jump a bit in next bull market - but really serve no purpose).. but I think coins like BTC, ETH, SOL, XRP will be around

Ok_Golf_6467

Nah alts are just gearing up (select few) for the real melt up. Copper vs gold is breaking out, manufacturing is breaking out, feds have to print, rates will eventually fall. 2024 was just a little faster IMO This is like a once in a decade buying opportunity for some alts that have stayed alive and are still growing despite bearish conditions.

karmassacre

You're never going to settle on a universal definition of "spam", the same way you're never going to settle on a definition of "porn". What you need to agree on is the best way to minimize it with the protocol rukeset while allowing for safe and secure decentralized growth of the network. IMO you don't limit spam by increasing a vector for non-monetary data from 80 to 100,000 bytes.

brando2131

Lightning has its own list of problems which IMO unfortunately doesn't make it good for payments...

MSmithRD

That really sucks. I'm sorry. Hearing this and hearing the other stories in this thread and hearing the coldcard stories I am now convinced more than ever that cold storage is not the way to go. Fidelity crypto or Spot ETF is the safest move IMO. I've heard too many problems with Coinbase to recommend storing it there.

A_Long_Knight

Basically moon IMO. US would likely sanction Chinese companies in response to that kind of attack and this would wake a lot of people up to the fact that governments are imperfect and that even equities are highly susceptible to their government's mood... Apple, Meta, NVDIA... all of these could basically take 80% hits just because President Xi feels like taking over Taiwan...

downtherabbit

Thats forest holdl.... hes one of the best bitcoin content creators IMO simply because of his intellectual honesty, which is exhibited well in this video.

vplatt

> I don't think you can keep your freedom and get protection from official governing bodies at the same time in this space. Well, to be fair, even in fiat systems, you'll never have protection from "official governing bodies". But at least there you'd have some protection from fraud under the oversight of those governing bodies and / or through the financial institutions acting in compliance with the requirements of those governing bodies. It's the completely unforgiving nature of crypto that has kept me out of BTC. Bitcoin custody is not forgiving of mistakes and even as an IT pro, I was never confident that I could successfully safeguard my investments. I knew about the cold wallets, pass phrases, etc. and having read all of that I knew eventually I would make a mistake somewhere and it would only take a single mistake to lose it all. It's not for nothing that financial institutions have 24-hour response teams to attacks, fraud locks, dispute procedures, insurance, and more. It's not just a question of convenience. Most individuals don't stand a chance over the long haul, IMO, when it comes to securely managing self-custody. I know that this is just useless hand-wringing to those of you that have this shit locked down properly, and I'm not saying it's impossible at all; but it's easily "difficult" and I would advise most people do not try self-custody at all. Most of us simply aren't as smart as we think.

suuperfli

it's being debased at an increasing rate. due to the nature of our fiat debt-based system, it is already in the process of dying IMO

Suitable_Acadia_190

I dont make predictions, I just read the tape as it prints. But based on similar of these types of patterns, MUCH higher is likely IMO

Ok_Golf_6467

Looks at the tokenomics closely. Finite supply? Where is the power concentrated, in just a few massive wallets? Do the tokenomics overlap with a good narrative and mind share? If so you got a good value play right now with everything at bear market lows IMO. I have a big bag of pepe and pengu tbh 🐧🍻🐸

leopard-monch

I'm not a fan of metal seed plates, because they don't actually protect you against what you think they do. **Fire:** if your house burns down, you won't be able to search the smoking pile of debris for your seed plate. Sorry. The fire police won't allow that for a while. And once you can enter the remains of your house, you will not have been the first to rummage through it all. **Water:** same with flood. You're telling me, that if your house gets flooded and lots of your crap gets swept away, you'll be able to find that plate? I wouldn't bet my life savings on that. **General decay, mold, etc.:** Okay, maybe here they are better than regular paper. But then again, you still have your birth certificate in that one binder everybody has with all the important documents, right? **Theft, physical:** No protection. Someone breaks into your home and takes it, your money is gone. **Theft, clandestine:** No protection. Someone breaks into your home and takes a photo of your seed plate, waits until you saved enough money with it and then cleans you out. **Accidental discarding:** No protection. Someone thinks this peace of metal is rubbish and throws it out. If anything, the protection is worse. Some official looking document with a fake stamp on it, that also is a seed backup will not be discarded as easily. So all in all, IMO, metal seed backups don't actually protect against the things people always claim they do, and they don't protect at all against the most obvious ways to lose money. Therefore, rather than wasting my time and money on MacGyver'ing something like this, I'd rather spend my time and money on a solution that actually does. The obvious is multi-sig. A simple 2-of-3, with keys and wallet-descriptor stored in physically secure but geographically distant locations, protects against all of the above. Or, what I call "Poor-Mans Shamirs Secret Sharing Scheme", which only works with a 24 word seed. You add a 128-bits passphrase like this [https://old.reddit.com/r/Bitcoin/comments/1viocw9/passphrase\_length/p2f5pah/](https://old.reddit.com/r/Bitcoin/comments/1viocw9/passphrase_length/p2f5pah/) And then store the seed+passphrase in a 2-of-3-shard style. * Shard 1: Seed words 1-24. You can even load this up with a bit of money as a decoy wallet. * Shard 2: Seed words 1-12 + passphrase. * Shard 3: Seed words 13-24 + passphrase. As you can easily see, every shard is missing approx. 128bits of entropy to be whole. Any 2 of the 3 shards recreate the whole. In any case, you have to have periodic checkups on the state of your backup. It it there? Has it been tempered with, is it readable, damaged in any way?

Crazy-Fig-4899

That sucks to hear. Bitcoin is bound to return to its 100k range IMO. It wouldn't make sense for the major institutional investment at the 120k range, and short themselves out of profit. If anything I think this is a chance for the market to reset. The united states conflict in the middle east served as a test for Bitcoins utility in maritime insurance. Bitcoin has also proven itself a useful energy regulator in the renewable energy sector for power. I do not see it going anywhere. Hang in there!

Suitable_Acadia_190

100% agree. I think "could absolutely fail" is reaching, but yes while logically possible, IMO probabilistically "not bloody likely" lol

shelby_xx88xx

early adopter phase is over IMO...that ended when BlackRock and the institutions joined the game. it is still overall early though......next big milestone for me is when you can hold crypto and stables in your bank account just like cash and swap in and out.

Suitable_Acadia_190

Exactly, the strongest of all time, and weve been coiling on it priming a double bounce for months now. Its a thing of beauty IMO

6thcoin

Tbh I have bought hundreds of dollars worth of products. I will also continue to use those products. However I would never recommend their products again. Never. I got very lucky. IMO the attention that the code is getting now, I'm not worried. There is alot of entropy code out there that is not allowed to be reviewed. For those that lost stacks I'm sorry. Risk is a sliding scale.

Zestyclose_Ad2462

Props for posting this OP, really took guts. I've been in BTC for less than a year and seen a lot during that time. Big runup to its ATH, followed by 50% crash and now this Cold Card mess. Your warning here is good Karma IMO. It's because of people like you I didn't fall victim to that game. By paying it forward here, good fortune awaits you.

Suitable_Acadia_190

Agree, still have a more bears to load up before this next rounds slaughterhouse, so chop and a nice retest until halloween is highly likely IMO too

PuttForDough

I’d just say the difference between Bitcoin and Crypto. There is no other. Bitcoin isnt crypto IMO.

waitareyou4real

Should really settle down on the dice roll recommendations to newbies IMO. There are great hardware wallets with true RNG. Just opens up more barriers or potential mistakes

undeadkarlmarx

This is why 2 of 2 multisig is often more manageable for people. Two locations is adequate to prevent something like a burglary resulting in loss of funds, and you also don’t have to worry about keeping wallet config info with each key, because the two keys you use to sign will also recreate the entire multisig. The downside is you absolutely need both keys to work, so you want to have a backup for each wallet device, and practice restoring both wallets from scratch and doing test transactions before putting funds on it. I agree with you about seedsigner being too difficult to manage since it requires the QR code private key for signing. I had Coldcard+Ledger and now I’m leaning towards Bitbox+Ledger. I know people hate on Ledger here, but IMO they’re nice user-friendly wallets for multisig where you’re just using them for a second signature.

Subject-Chest-8343

>A hardware wallet’s most important feature is not its seed phrase creation, it’s just a convenient feature. Sorry, I get your point, but I cannot accept the argument here. The seed generator feature was flat out dangerous and shouldn't have been there in the first place, unless of course CoinKite made sure it actually worked as intended. Normally, rolling the dice wouldn't give you anything more besides the peace of mind that making sure your seed is random, because for most people it's easier than verifying the code. It's like the radio on a car... It is a convenience feature. If I say that's a crap car because my radio stopped working, yes you could argue that's unfair, because the car does great at performing its primary functions. But IMO the argument doesn't work if the convenience feature fails in such a way that it nullifies everything else that's working properly Let's imagine the radio goes crazy, and fucks up the car's other electronics, and I die in a crash.... Would you argue it's still a good car, I could simply have left the radio off and I would still be alive ?

PoeCollector

It's fine to question, but IMO you're thinking about it backwards. AI output imitates info articles with a structured argument, which many of us have been writing long before the LLMs mined them to learn how to write. Maybe my style is too generic, but I also suspect people are trained to think a brief "hot take" is human and anything longer and more structured is AI.

Zestyclose_Ad2462

That's what I did too. In fact, I bought 2 ETF's (using diff custodians) reasoning that the biggest risk was custodial failure/hacking/user error. Now we can add gross negligence to that list. Too many black swans IMO. At some point, one is going to occur.

Zestyclose_Ad2462

Here's my take on self-custody: You should have some BTC in a hardware wallet, but only a small amount (say, 10%). The important part isn't how much is there, it's that you've built it should you ever really need it. Keep another 10% on a reputable exchange, 40% in an ETF using one custodian and 40% in another ETF using a different custodian. Presto - 80% of your BTC now enjoys institutional grade security. The .20 or .25 expense ratio you pay every year is money well spent IMO. Especially if you're no programmer/cyber-whiz. We are not there yet insofar as cold wallets. BTC itself takes a LOT of self-education and a cold wallet takes even more. Unless and until there's some recourse for a mistake, hack or coding error, self-custody will remain a fringe activity. We need better tools.

lightbulb-7

having a coldcard was not overcomplicating things IMO. The risk of technology getting better / additional bugs being identified so that funds from other wallets can be stolen in some years' time is not zero I guess

scottmsul

IMO the biggest takeaway is don't trust *any* HWW's. It's still ok to use them but only in trustless ways. Airgap + roll your own dice.

Revolutionary-Cup78

The grind starts with a regular job. Maybe consider becoming a tradesperson (plumber, contractor, Gardener, etc) Save money, invest in diverse assets (I'm not talking about alt coins, IMO crypto as a whole should only be a fraction, less than half of your savings). The only easy path is having the luck of being born a heir, or winning the lottery (don't bother participating on it). You'll have to endure a lot, including doing lots of hard or unfulfilling work. And may still fail like most do

s1ammage

IMO Bitkey is for the spouse/non-technical family/friends that supports your cause. It eliminates the barrier to entry into “self-custody” and is very new-friendly. Better than the ETF, better than holding on an exchange.

undeadkarlmarx

There’s actually no appeal to morality, which is why it’s actually a pretty apt message IMO.