KEEP

Firone

Feel free to ask me, especially regarding the current system: it's much harder to understand than Bitcoin honestly! I think the first possible trap is believing in the inflation number the government/fed gives. They tend to skew those numbers by excluding things which increased in price (food) and keeping the rare things which didn't (TVs). Then, the second trap is thinking that ideally, prices of things like food should stay the same. In reality, they should decrease: technological advancements usually make them easier to produce. The true inflation of the dollar is simply looking at the total number of dollars. There is 70x more dollars today than in 1960. Looking at a M2 chart for the first time was super shocking for me (and shocks everyone I show it to). If wages somehow kept up with this true inflation (7-8% per year, compounding) it would be great (I sure would like that...). It would still be very bad for people who save in fiat money however: the money you keep in the bank get devalued at an exponential rate. Those people would/are increasingly putting everything in assets to escape it, though usually they see stocks as a magical way to increase your money. In reality, stocks simply help you KEEP your true wealth. But stocks have many risks: they can be diluted, the companies can go under, the country can have an economic crisis or war and then everything is confiscated from you because you can't truly own stocks (or fiat of course). It also doesn't make much sense when you take a step back: why do I need to buy shares of various companies I give 0 fucks about (or hate, even) just to not become poor? Why can't I simply have a neutral money that does not get devalued and that no one can confiscate? Well that did not exist before Bitcoin. The fact that it's open to everyone is also great: people in unlucky countries are often unbanked and/or can't buy ETFs. Bitcoin is even more of an upgrade for them. At it's core it's simple to me: giving a few people total control of the money including the capability to issue more without limits is always going to get abused. And it is abused every year: without such abuses the system literally collapses. So you can't even hope that somehow the money printing stops.

miboc4

If you lose/share your seeds you lose everything. DO NOT WRITE IT IN YOUR PHONE. DO NOT TAKE A PICTURE OF IT. DO NOT WRITE IT IN YOUR COMPUTER. KEEP ONLY COUPLE HAND WRITTEN COPIES AND MAKE SURE THEY'RE SOME WHERE SAFE. MAKE SURE YOU REMEMBER HOW MANY COPIES OF IT YOU HAVE AND EXACTLY WHERE YOU KEEP THEM. YOU ONLY NEED YOUR SEEDS IF YOU LOSE YOUR COLD WALLET. SO IF ANYWHERE ONLINE IS ASKING FOR YOU YOUR SEEDS DO NOT SHARE IT. YOU ONLY NEED YOUR SEEDS IF YOU WANNA RESTORE YOUR WALLET ON ANOTHER COLD WALLET. BEFORE EACH TRANSACTION DO A TEST TRANSACTION ( SMALL AMOUNT).

MongoNevereven11

What I haven’t seen anyone discussing yet is the fact that they may be able default on repaying the loan and STILL KEEP the bitcoin. The person that takes out a $60,000 loan to buy bitcoin and then defaults on that loan, but is able to hold onto the Bitcoin, maybe doesn’t care about their credit any more. If their plan succeeds they’ll just wait 10-20 years and become Bitcoin millionaires long after the lender has written off its loss.

zxsmart

Think of money as a battery. A battery is used to store energy, it is NOT used to discharge energy to XYZ device. When you have money you are using it when you save it. When you transact, someone else MUST start saving that money on their balance sheet (otherwise there is no transaction). So when I buy a sandwich, I stop using my $5 bill, and someone else starts using it. And I start using the sandwich. This may sound like pointless semantics, but it is not! Key diffs- Correct: Savings causes demand, which enable transactions Incorrect: transactions create demand which causes value Also, if you had two monies and you knew one is going to inflate away at 20% per year, which one would you spend first? Of course you would spend the inflationary one because you want to retain the non-inflationary money. You want to KEEP that which is USEFUL to you. And that is what money is--an economic battery. The best money is the best savings vehicle

na3than

You'd rather take 36 to 45% haircuts -- paying an additional $1.45 MILLION in taxes and penalties next year -- than take out a 6-7% APR loan? You do you, but I'd much rather pay a few thousand in mortgage interest every month than give up $1.45 MILLION in wealth in one fell swoop. Sell 8 BTC @ $90k. Pay 36% in LTCG tax, use remaining $460k to make 20% down payment on $2.3M property. KEEP 82 BTC AND 100% OF RETIREMENT ACCOUNTS, ESTIMATED AT ~$9.5M. Sell **just enough** BTC each year to pay $12k monthly on $1.84M loan at 7% APR. Watch remaining wealth grow. Hold onto your wealth. Don't give it away by making unnecessary choices that skyrocket your tax bill.

whataloadofoldshit_

DCA weekly. Don’t look at the price, JUST KEEP BUYING

CapoDelToro

If, as his heir, you are legally entitled to it, without dispute…and you don’t NEED the nominal money…DO NOT convert it into FIAT. KEEP IT in your own wallet, or in its current wallet and maintain the phrases as your own. Then take the time to learn about the significance of BTC and begin stacking more. Through inflation and the devaluation of fiat currency, this is one piece of property that you can keep for the rest of your life..and watch it gain popularity and acceptance…and value. Then make sure you set up a plan in the event you ever need to pass it on to someone else.

Vlodimirsab

Yeah that is my problem, I KEEP BUYING

Necessary-Stay-6816

Problem is, if your not taking even small profits along the way , it's not easy to KEEP buying the dip. It's all people talk about and guaranteed 99 percent have no disposable fiat left to do so. I'm a small investor since 2020 I've put in 6500.00 since that time up to now. I've managed to accumulate a WHOPPING 1200.00 in profits since that time. I've been buying small increments over past few days. 6 orders to be exact. I'm now down to 300.00 give or take left in cash. I'm done buying the dip. I'll hold that 300.00 for like a single buy at 40k or so. And if it doesn't get there I'm still happy, as I have some small fiat left. Remember 99 percent have no fiat to buy the dip, in actuality most have just taken a 25 percent hit over past few weeks, preaching about profit taking then buying the dip as you should, but they alone did the opposite of what should have done.

na3than

Asing as you followed good practices for setting up the BitBox--e.g. creating a backup on a micro SD card THAT YOU WILL STORE IN A SECURE LOCATION, recording your [recovery phrase](https://shiftcrypto.support/help/en-us/20-24-recovery-words/9-how-to-display-my-24-recovery-words-on-my-bitbox02) ONLY ON PAPER, WHICH YOU WILL LATER TRANSFER TO STEEL, AND KEEP IN A SECURE LOCATION, doing a factory reset of the BitBox and testing your backup before you moved coins to it--then yes, you're good. If you don't have a backup, or if you think you have a backup but you haven't tested it, you're playing with fire.

BTCwarrior

This is always the wrong question. It is not about 'sell' your bitcoin. It is about 'improve your quality of life.' USE bitcoin to improve the quality of your life, KEEP as much of it as you can, MAKE the choice that best suits you and your situation, and everyone else can SHUT TFU

comp21

Start by deciding what hardware wallet you want to use... I use trezor but there are cheaper options. Then, after setting that up, simply grab a "receive" address from the wallet and "send" the crypto from wherever to that address. Bits of advice: 1) only buy your wallet from an official site, not eBay, Facebook etc. Those are often hacked. 2), regardless of where you get it from, factory reset it before using it 3) when it gives you your 24 words, KEEP THOSE SAFE. If someone gets your 24 words, they get your money 3b) you can set up a 25th word of your own design on a lot of wallets. If yours offers that, use it. Keep that 25th word separate from your 24 and your money is safer.

Nightmare_Tonic

Jesus CHRIST people are so stupid. HOW DO YOU NOT KNOW TO KEEP YOUR SEEDS STORED OFFLINE, NEVER ON A COMPUTER OR ON THE INTERNET. ARE YOU 6 YEARS OLD

dontblamemeivotedfor

> I created a coinbase account and imported the wallet (learned this from a youtube video that another redditor suggested) but the funds do not match what he would always show me when he was alive. Fucking hell. Don't EVER do that. You NEVER type a seed phrase into any website or even a computer that sometimes gets connected to the internet. Seed phrases stay ONLY on offline devices that are dedicated to being used for transaction signing. If you haven't already lost everything, then KEEP THE FUCKING MACHINE OFFLINE. Go learn about wallets, how to set up Electrum or a hardware wallet, and how to check balances with watch-only wallets.

Icefiight

Jesus fucking christ. Now that the magical number doesn’t go up its called “gambling” all the sudden? BAHAHAHAHHAHAHAHAHHA 🤡 BUT I WAS TOLD FOR 3 FUCKING YEARS THAT IF I KEEP HANGING ONTO AND BUYING ETH I’D BE GOOD AND IT WAS A GOOD INVESTMENT NOW ITS GAMBLING???!?! NOW??!? Never change crypto people… never fucking change I’m exhausted boss

WittySoftware

Great run down on the AMA. It's amazing people thought that Miazaki was going to do or say something to pump the chart. This is a great entry for everyone to get in on Kendu. It's also good for the community to shake out the people that forgot their helmets. So from here on out KEEP YOUR HELMETS STRAPPED. Nobody is coming to save you. 🪖🪖🪖 https://preview.redd.it/emrq0odpk5ad1.jpeg?width=1034&format=pjpg&auto=webp&s=a2dce2a64476a1cf3588d8c64bc2ba696f84432a

Low_Candidate8352

Well...did YA KEEP IT ? or sell it like a Jerk an hour later ???

dave_your_wife

not your keys, not your coins. Keep your private keys stupidly safe OFF YOUR COMPUTER!!! I recently got my pc hacked and stupidly had my passphrase stored on my PC in in a text file.. - Yep they wiped out my life savings and I deserved it. I will repeat this for clarity - DO NOT KEEP YOUR PRIVATE KEYS ON YOUR COMPUTER!

_TheWolfOfWalmart_

OMG I am literally going to be able to retire early on Kaspa. KEEP GOING!

Ok-Most-7339

poor bears think we will dip LOLLLLLL sorry bears NO DIP!!! HAHAHAAH WE KEEP PUMPING!!!! cry cry cry!!!!! cope cope cope!!!!! CYA BEARS!!!! ITS BULL MARKET HAHAHAHAHA. LEAVE!

Snoo_85901

I know i will receive downvotes and the ones that downvote are the fucking losers that dont have a set of nuts and wanna pussify it for everyone else. No they made it centralized. Alot of men have proven that they need someone to make sure their pussy don't get popped. Example. Sam Bankman fried IF YOU WANT CENTRALIZED THEN JUST KEEP USING FIAT CURRENCY. The whole point of this shit is to get the government out of it right. If your dumb enough to put your money in a strangers hands without doing any kind of research then all you that lost fucking money deserve to lose it. Nothing is free. You must earn it. Bunch of fucking pussys

looster2018

And- except for places like this where I make a comment, I KEEP MY MOUTH SHUT about it.

CryptoYuzu

KEEP FREAKING OUT! Ahhhhhhh!!! Relax. Just ask them why they restricted your account. I’ve purchased 200k+ BTC from Robinhood and have transferred it all out without any issues

Yodel_And_Hodl_Mode

I'm in my 3rd cycle, and I certainly didn't see this dip coming. I doubt most people who are being honest would say they did, but I'm not too surprised. As a long term hodler, I'm excited because I'm buying, and this dip means I get more ₿ for my $. We always have a few months between the halving and when the post-halving supply shock kicks in. Even back in 2019, I would have told you the real bull market for the 2024-2028 cycle will kick off toward the end of 2024. And by the way, we should expect something similar in 2028. The 2028 halving will happen in early spring, and the decrease in the size of the block reward will cause the price to start rising in late summer to autumn. Keep in mind, halving to halving cycles aren't 4 years. They're 210,000 blocks, which is a little less. TL:DR; All is well! KEEP CALM AND HODL ON

lukeyboots

I’m hoping it drops sub 50K mate. KEEP PANICKING AND SELLING EVERYONE. BTC IS DOOMED. JUST HEARD THAT TRUMP IS GONNA BAN IT WHEN HE WINS.

Impressive-Handle-69

PAY OFF DEBTS, DONT USE CREDIT, KEEP EVERYTHING 100% PAID OFF. Wish I could follow my own advice, but this damned economy....

ijustwannask8

Bank teller here literally just got off my shift in the parking lot rn typing this tbh WE DONT CARE I hate having to ask cause idgaf that’s not my business but it’s ANNOYING ASF when y’all try and act like we’re the ones that make the law/rules/ regulations and give us a hard time just tell us some simple shit make it up for all we care u can be buying pounds of flower Idc just make something up and keep it pushing don’t get in our faces talking about “next your gonna ask me about all my purchases and control my money”STFU AND KEEP IT MOVING IF UR LIKE THIS PLS I MEAN THIS WITH THE BOTTOM OF MY HEART THATS FULL OF LOVE GO FUCK URSELF THEN UR MOM THEN ALL OF UR COUSINS CAUSE ITS SO ANNOYING have a great day- real bank teller

Ok-Most-7339

hey bears!!!! WE KEEP PUMPING!!!! LOL!!!!! sad bears. Are u ok bears???? its ok bears. WE PUMP!!!!! NO MORE DUMP!!!!!! Look at bitcoin. 65k!!!!! HA!!!!! in your face BEARS!!!!! cope!

lxdr

I can't believe people have forgotten about ehat happened in 2021. Or thr general advice of NEVER KEEP YOUR COINS ON AN EXCHANGE

bruhidontevenknowman

Honestly yes to all the previous comments about going 80 BTC/20 Altcoins. Take some time to learn crypto fundamentals and narratives like RWA, AI, and DeFi. Familiarize yourself with defi wallets and screening tools like geckoterminal and defillama. Also KEEP YOU RETURN EXPECATIONS LOW. You get what you put in, dont expect crazy returns. Also understanding general investment fundamentals goes a long way. Good luck

Sadistica6

G morning people's, Just remember to have some patience here it's not a race,And if you need some clarity in relation to where we are at this might be the best time to start learning about how to use some simple tools at your disposal.Stochastic rsi,What is a d ward cross,Momentum, and so forth...... We aren't gonna go to Zero buy pressure is heavy around 61k if that breaks down and we invalidate market structure then that'll be a whole different conversation.Relax and fall back and watch and learn.At this very moment there is alot going on here we're pretty much trading the ass end of a triangle.Leverage and options have been cleaned up, This is healthy for market structure as derivatives push price movement for the time being,Not ETFs it's not even close by comparison. Just remember that smart money sold the top last month as it just did a few days ago around 71 k again.Short term holders are buying in between 63 and 70 but in reality smart money is piling up around 61 meaning their entry point is alot better than yours. DONT TRY TO TRADE IF YOU HAVE NO IDEA HOW TO READ A CHART!!!!!!!! HODLERS KEEP THE FAITH MY FRIENDS !!!!! YOUR TIME WILL COME!!!!!!

Sure_Ad_9590

Your position is understandable, but actually wrong. If you want to KEEP and PROTECT your money LONG TERM, BTC is the asset to buy. Not Gold, not Bonds, not S&P500, and definitely not a savings account.

PhillyNJMusicMan

Seriously.. Ask yourself one huge question... Why do you want to "take a profit" at a particular time of the market? Are you planning on using it for something specific? Are you making a big purchase? If the answer is NO to the question... Then the ultimate answer is to KEEP ON HODLING and just don't sell. Your BTC will keep growing EXPONENTIALLY the longer you can just hold on to it... It's never going to be a bad decision to hold Bitcoin, if there isn't anything special you have planned to do with the funds. 👍🪙😎

digitalassetz4all

Hey, did you consider this... Michael Saylor is **always** talking about how you never have to sell your Bitcoin, because you can take out a tax free loan on it. That's right, you wouldn't pay capital gains, because loans are tax free. So you'd use the Bitcoin as your underlying asset for collateral on this tax free loan. Buy your house. Then over time, as the price of Bitcoin rises, and thus the value of your collateral appreciates, it pays off your loan for you. **AND** YOU KEEP YOUR BITCOIN :) (well, you keep *most* of your Bitcoin; just not the part that is used to pay off the loan). The only risk here is if the price of Bitcoin were to plummet and your loan's health factor was so low that your collateral was liquidated. Then you'd lose all that Bitcoin that you were planning on selling anyway, but at this point, you wouldn't have been paying the massive taxes on capital gains **and** you'd have your house. So it'd still be a win-win. Seriously recommend doing your research on this. This honestly is probably the way to go. However, DYOR. You can probably start by finding some things Saylor says about it! Either way, congrats! :)

Apprehensive_Pool626

$BLBY WILL KEEP RAIDING UNTILL 1B MARKETCAP, THIS IS A PERSISTENT COMMUNITY WITH DIAMOND HANDS https://preview.redd.it/5870ph8ifqpc1.jpeg?width=1024&format=pjpg&auto=webp&s=ed9198f9896cc6b4551e93da18d40e5decb60ed8

PopFirm5291

Why you worry about penalty and taxes? "Why pay taxes when the can print more money". Bitcoin is YOUR MONEY. KEEP IT. GET BITCOIN.

Ok-Most-7339

HAHAHAHAHA why the bears still try?????? LOOK AT BITCOIN!!! WE PUMP!!!! WE KEEP PUMP!!!!! NO MORE DUMP!!!!!! hahahahah poor bears!!! yes poor bears.... ITS A BULL MARKET!!!! there is no more half dump. Sorry. Only pump. Halving pump only!!!!!

Ok-Most-7339

its a bull market LMAOOOOO it was to be expected. Poor bears.... THEY DONT KNOW WE KEEP PUMPING!!!!

edislucky

"mess up my DCA" hahahaha! You have just said you would rather have 10x a lower figure, say £10x10=100, rather than 5x a higher figure, say £50x5=£250 That's the same as people who don't want to make "too much profit" because it gets taxed at a certain threshold. YOU STILL END UP WITH MORE!! KEEP BUYING.

Ok_Konfusion

KEEP re spawning

CalligrapherFalse511

I KEEP FUCKING TELLING KUNTS. ITS A FREIGHT TRAIN THATS DOESNT STOP AND THAT HAS NO OPERATOR IF YOU WISH TO JUMP OFF ITS UP TO YOU. Oh didnt realise i had it on capsL

oMadRyan

Just another reason we need regulation in the market. This is so unbelievably sketchy and matches exactly what they did with rewards the last cycle. KEEP YOUR MONEY AWAY FROM THEM. For those of you new here: 1. CDC created CRO, a crypto they have full control and a huge stake in. 2. They pump rewards to get people to buy in. Doesn’t matter if it is stupidly better than anything else offered, they just want your money. 3. CRO gets locked for 6 months once you’re in. 4. When enough people are locked in and price is pumped, CDC sells at the top and slashes rewards. 5. You can’t do shit, your money is locked with them and the value of CRO tanks as there are no more incentives to hold it. CDC has total market control 6. CDC buys back in at the bottom. Rinse and repeat. Source: See the previous rewards offered for holding a card when price was at ATH, and also when they dropped MCO in the middle of the night

BandosPet

Buy hardware wallet, have the mnemonic passphrase written down on a piece of paper, have a copy of that too stored in two different places. DO NOT KEEP YOUR MNEMONIC PHRASE STORED ON PHONE OR ONLINE Overtime you will most likely get hacked.

PopFirm5291

My dick has not going down either...lol. KEEP BUYING!!!!

temporao

Im pretty sure - yes, im PRETTY SURE - BTC will end 2024 at least 120-150k. People are failing to understand whats happening right now. They think the ETFs will just stop buying like "hey we ran out of money, now lets wait for someone else to join to party". No, no. They will KEEP buying more, and more, and more. Its the new gold chicken!

akamu8

What frustrated me the most is that notion of NU and KEEP being converted into Threshold, but then, NU and KEEP are still around and the result is I lost a ton of money converting them to Threshold thinking NU and KEEP were going to disappear. I feel like I got conned and taken advantage of... Can anybody shed some light here?

Ok-Most-7339

AHAHHA RETRACEMENT?!??!?! NOPE!!! where?!?!? never happened for months. STOP. Poor bear.... WE WILL KEEP PUMPING LOL!!!! sorry bear!!!! BULLS WI N U LOSE

PopFirm5291

69K, 100K, 1 Mil, then 10 Mil, and KEEP GOING UP

DannyG16

I had 100% of all my bitcoin in Celsius too. But the night I watched Luna crash before my eyes, without even being able to unstake my 10K staked position (2 week unstaking period on Atom) to sell while it UST was still worth pennies… I pulled out of everything. I knew this would have a massive affect across the industry. It took days before it caught up with FTX and all of its investors. It’s sad that my best crypto move was to KEEP my money.. not make some… but oh well.

Ok-Most-7339

HAAHHAAH poor fucking bears missed out on the bull market. BITCOIN 52k LMAO!!!! Cry cry cry!!!!! Your tears are yummmmmm!!!! hahaha WE KEEP PUMPING!!!!! Bears LOSE!!! cya bears!!!! Bye bears!!!!! hahahaaahaha THIS IS BULL MARKET

Ok-Most-7339

HAHAHAHA poor fucking bears waiting for that dip. AWWWW soo cute!!! BEARS?!?!?!? hahahah keep crying!!!!! ITS A BULL MARKET HAHAHAH awww so cute!!!! Keep waiting!!!! we will KEEP PUMPING hahahahaha 46k hahahaha cope cope cope!!!!

canigetayahoo

A fellow Aussie Bitcoiner! Great to hear you have decided to spend your insurance payout wisely. First and most importantly, DON'T KEEP YOUR COINS IN AN EXCHANGE. Also, I would seriously recommend is to NOT buy your coin on a single go. Even if you believe the price is 'great' now and the exchange you use has enough volume and liquidity to not affect price action, BTC itself can be very volatile on short time frames. I did a study for uni late last year I could share if you are interested. Results showed it's much better to allocate a certain percentage of your total desired amount, by making small purchases every day/week/month, considering no one really knows what future price action will be in the short term. Really look into a good wallet, ideally a hardware one (I recommend a Coldcard), or alternatively a good custodial wallet like Exodus (good, but not good enough to store a whole coin IMO). This is very very important, so make sure you take your time to research and decide which wallet(s) you want to go. You could even have most of your coins in a cold hardware wallet, and keep some spare 'change' in your 'hot' custodial wallet. [Bitcoin.org](https://Bitcoin.org) has a great '[Choose your bitcoin wallet](https://bitcoin.org/en/choose-your-wallet?step=5)' page that you can explore to learn a bit more of advantages and drawbacks of some wallets. Finally, make sure you learn about [Mempool](https://mempool.space/) and UTXO management, which can greatly reduce your fee costs when moving your coins on-chain. Some wallets (like Sparrow + a Coldcard) are great to manage and check up on your UTXOs, so you can best consolidate them when fees are low. All in all, don't let your emotions get ahead of you. Make a plan to decide when to buy and sell, and try to stick to it as much as you can. Congratulations! If you ever need some more advice from a fellow Aussie, feel free to reply below.

OtterPop16

If it makes you feel any better, I FOMOd in at 48K. Also I bought microstrategy before the ETF announcements, which has lost an extra 20% on top of the 10% decrease in bitcoin value since then. So I'm down a lot on these stinkers even though I never sold. We all make mistakes. It's hard not to make emotional decisions. It goes against every fiber of our being, doesn't it? It's psychology. We see momentum. If it's going up it's going to KEEP going up and we NEED to FOMO in. If it's going down, then we want to panic sell to prevent the loss. It's in our nature. Like the Scorpion and the Frog. But this can be a learning experience to become better investors and control our emotions.

Ok-Most-7339

haha this bear missed the dip. Yikes!!! HAHAHAHA poor poor bears. SAD BEARS!!!! SAD!!!!! Shouldve had that DISCOUNT!!!! ESPECIALLY INTHIS BULL MARKET!!!! Why CANT BEARS understand this!?!!?!? ?WE WILL KEEP PUMPING!!!! yum bear tears yum!! haha

Unairworthy

You are only crazy if you sold BTC to pay the loan. KEEP ALL BTC ALWAYS.

alpo_aritista

I know exactly where you are. I didn't own a whole one but I cashed out my satoshis. It was a little bit back in 2021. GUESS WHERE THAT WOULD BE TODAY? 😭🫠 I'll give you the Andrew Tate version. Stop being a pussy, no one's coming to save you, forget you have bitcoin and go get a job! Sell something! If bitcoin drops YOU wanna have money to BUY THE DIP. if it moons it won't matter cuz you sold it and you'll be priced out of ever owning a whole one again! Go help move furniture for people, sell furniture. Go hustle. The Matrix keeps us fearful and anxious so we stay plugged. This debt is your fault. Best is to get rid of it and buy a used, old, reliable car and the credit card, pay it off fast and don't run out up high anymore. Go hustle, KEEP STACKING. BITCOIN IS PROOF OF WORK. GO PROOF YOUR WORK! LOVE, Fellow Bitcoiner.

set-271

Once again, I get downvoted, and then Syntropy rises another 10%!!! *KEEP DOWNVOTING ME!!!*

AkilNeteru

I think the point many are missing is that buying Bitcoin alone isn’t enough. Once you own Bitcoin and your keys — congratulations! You now one the most valuable asset in the world that you cannot sell. You’ll eventually find yourself poor in real life with unrealized wealth on a computer screen. What to do? Spot ETF’s provide a way to at least KEEP your BTC while using BTC’s price volatility to at least make some money in our brokerage accounts and Roth accounts. The investor then profits 3 ways. If your Bitcoin motivation doesn’t involve getting rich, then I understand your standpoint.

Ok-Most-7339

HAHAHHAA Bitcoin ETF approved. Bears cant DO ANYTHING LMAO WHY? TRYING SO HARD TO MAKE DIP?>!!?!? Poor fucking bears. Please Just stop. You will lose. We will keep winning. WE WILL KEEP WINNING. Fuck the bears

Ok-Most-7339

pointless? Oh sad bear. Look at Bitcoin right now. ITS AT 44k. LMAO ITS A BULL MARKET. Fym? Stop denying it already and face the facts. Bears lost. Bulls won. And WE WILL KEEP PUMPING no matter how much it dips. Cope.

evilgold

This is such a nothing burger if you understand how laws work. This isn't new, you've been required to report $10k+ transactions for decades. The only change to [6050I](https://www.law.cornell.edu/uscode/text/26/6050I) (passed in 1970) This is the change: (3) Treatment as cash for purposes of section 6050i.-- Section 6050I(d) of such Code <<NOTE: 26 USC 6050I.>> is amended by striking ``and'' at the end of paragraph (1), by striking the period at the end of paragraph (2) and inserting ``, and'', and by inserting after paragraph (2) the following new paragraph: ``(3) any digital asset (as defined in section 6045(g)(3)(D)).' There is nothing about keeping someones Social Security number or any other nonsense..This is just applying the existing rules to someting that didn't exist in 1970, its not requiring any more reporing then would be required if it was a cash transaction... This is literally just to avoid giving businesses a tax loophole otherwise. For example A car dealership can't magically avoid paying taxes by simply taking payment in BTC, thats what this means. This is not saying that anytime you send someone money (OF ANY KIND) they have to report it, in fact you can current get up to $17,000 as a "gift" and not have to report shit, doesn't matter if its bitcoin or USD, the 10k reporting amount applies only if you are "engaged in trade or business". So for the slow folks in the audience... KEEP YOUR CRYPTO TRANSACTIONS LIMITED TO GIFTS ONLY and this change doesn't apply to you. Unfortunately the folks who thought crypto was going to be some kind of magical tax exception for everything you're still going to be held to the same requirements you've always been and nothing changes other than you apparently didn't take advantage of the past 10 years while this loophole existed.

Ok-Most-7339

HAHAHAAAH!!! WE ARE PUMPING!!!!! The bears... they are... CRYING?!!!?!?! LOL!!!! STILL crying hahahahaha. I know I know. WE KEEP PUMPING YES. WE know. Its a bull market. WE are the best. Bulls are the best. Bears suck. Bears sad. Bears poor. Why? CUZ WE KEEP PUMPING!!!! Stop selling. Start buying. Enjoy

Ok_Cancel3507

i’m in NJ and they are everywhere. i send a picture to my gf every time i see one. It right in front of everyone’s face and they don’t even know it! KEEP STACKING ₿!!

Old_Dreams

Bahahah. Oh dear boy. In crypto since early 2017. Held BTC, ETH, ADA and spend a considerable amount of time on every layer 1 in the top 100. Bitcoins p2p transaction utility is zero. Protocol is not scaling. Fees to high. Incel community to devided to adapt. They prefer to put a artificial growthcap on it by limited blockspace than to actually innovate and create a useable protocol. Call it your ‘store’ of value. I hope for your sake a lot of people after you will think the same and will KEEP THINKING THIS FOR DECADES TO COME. Otherwise, your done. It does not get used, it gets hoarded. Ponzi with a few extra steps. Eth safe? Decentralized? No. Base layer unusable. Bridging to complicated for newcomers creating a bottle neck for user growth. Still no clear route to mass scaling. There is a reason its underperforming. The product is lacking. This can overtime get smoothen out. Layer 2 still centralized, even there the transaction cost and settlement are to high and slow. Future seems uncertain. Also, where does the value get accrued since you have many layer 2,3,4 s coming out? Liquidity fragmented. Risk rewards is not there, needs to change first. ADA - oh well. Try getting some actual load on that chain and see how it does. The idiotic focus on governance while completely ignoring UX, cost in speed is a miraculous error imo. Also, breath of dapps lacking. I will change opinions when I see results on each of these chains. Have invested in each of them but fully out. There have been one obvious choice for over a year now. It’s currently screaming in your face from forth place. Surpassing eth in lots of metrics currently. But you wouldn’t know.

No_Proof_7344

Be glad they aren’t asking you where and how to buy. This shows we are still early. Keep your head down, share if a person is actually curious and by no means sell. KEEP BUYING

Ok-Most-7339

BITCOIN 44k LMAOOOOOO these sad bears have to be crying so hard right now HAHAHAHAHA this is a bull market. Cry bears CRY!!!!!!!!!!! its ok keep crying. WE KEEP PUMPING HAHHAAAHAHAH BULLS WIN. Bears lose. Bears lose. bye bears!

socalmikester

its almost like they want to KEEP as much of YOUR money as possible, even if it is "worthless fiat".

millennial-snowflake

Holy shit DOT and AVAX are ripping. The latter, I'm used to. But I could sure get used to this DOT, KEEP IT UP🤞

Ok-Most-7339

We pump to 100k!!!! HAHHHAHAH poor fucking bears. Bears finished crying? hahahah wow this bull market is making them cry so much ah a hah a cry bears cry!!!! WE KEEPW INNING. U KEEP LOSING BEARS!!!!! hahahaha

mushroomyakuza

People at work KEEP talking about the economy, how bad inflation is, how there's going to be a recession, blah blah blah...when I mentioned bitcoin in passing it was swatted away with "I don't trust crypto". But you trust an economy that was 41% printed in the last few years? Have fun with that. People can't be helped.

BlockMeReddit

HAHAHA YEAHH BRO FUCKING BEARS AMIRITE!?!? KEEP CRYING BEARS WHILST ME AND u/Ok-Most-7339 PUMP EACH OTHER WHILST LAUGHING AT YOU BEARS!!!1!!1!!!1 PUMP ME SO FUCKING HARD WHEN WE GET TO 50, DADDY.

Ok-Most-7339

Yup. These bears are actually fucking pathetic. WE WONT EVER DIP LMAOOOO WE WILL KEEP PUMPING. Poor fucking bears... they need to face reality we are in a bull market

Ok-Most-7339

Lmao are the bears still waiting for a dip? Hahahaha it wont happen in a bull market XD WE WILL KEEP PUMPING. 50k SOON. BEARS CRY. Cry bears cry. CRY

Ok-Most-7339

Hey bears. How ya holdin up? Still crying? AHAHHAHAHAH thats what you get for fucking with us in this bull market. YOU DONT FUCK WIT H THE BULLS U HEAR ? Know your place. CUZ WE WILL KEEP PUMPING TO 50k

Ok-Most-7339

Too bad too sad! THIS IS A BULL MARKET WE WILL KEEP PUMPING WE WONT STOP all bears will cry and they will keep crying haahahaha

TheVoidKilledMe

damn i am still far away from that :( AND IF YOU MFS KEEP BUYING I WILL NEVER REACH IT xD

Ok-Most-7339

Why do the dumb bears keep denying we are in a bull market? Seriously fuck off. WE ARE AT 40k. WE WILL KEEP PUMPING. STOP SPREADING FUD. You bears are fucking embarrassing. Just STOP

Ok-Most-7339

40k soon!!! HAHHAHHA fuck them bears for real. FR FR. fuck em hahahaha they think its a bear market still???????? LMAO KEEP SELLING!!!! WE Will keep winning!!!!! SAD BEARS HAAHAAHAHAH OH bears bears...

Rice-Fragrant

The doctor at 50 only wins if the plumber still working for someone. If that plumber had their own company, the doctor more than likely wouldn’t be able to every catch up unless they are a surgeon or something. My mother was a GP (general practitioner, family medicine.) and my father was a contractor who built apartment buildings… he HAS THE EQUIVALENT TO A GED and has to go to a foreign trade school for about 1 year to learn how to become a contractor. He made about the same as my mother, the doctor. Another example, my exGF is a pharmacist who makes about $120,000 year… she has $200,000 student loans and rents. I earn 1/2 as much as her BUT POCKET ABOUT THE SAME AFTER TAXES, HER STUDENT LOANS, HER RENT. It’s not how much you make, IT IS HOW MUCH YOU GET TO KEEP THAT MATTERS. Average trucker who owns their own rig, EARNS THE SAME AS AN AVERAGE PHYSICIAN, about $200,000/yr MINUS THE $1500/m student loans debt obligations! If that tucker was on a bitcoin standard and saved in sats rather than USD, that normie fiat maximalist doctor indebted with student loans WOULD NEVER BE ABLE TO CATCH UP!!! A surgeon normie fiat maximalists with $1500-$2000/m student loans CAN NOT stack enough sats in 2024 to ever catch up to a burger flipper in 2014 who slept in his moms basement stacking sats like a crazy person.

Rice-Fragrant

WRONG. By time that heart surgeon HAS COMPLETED RESIDENCY, and has finished their boards etc, they are about middle aged. The average medical resident is 27 and surgeons take about 5-7 years of residency training… they finish about 32-35… that knocking on the door of MIDDLE AGED. THEN you have to factor in debt burdens… it’s rare to see doctors with $300,000 of student loan debt now. By time the surgeon already “catches up” with the “dumb” truck driver with a GED/HS degree who was driving since out of n highschool… THE SURGEON WOULD BE ABOUT 50… And we haven’t even factored the numbers of the “dumb” plumber or truck was getting payed in bitcoin etc. The normie debt slave doctor might NEVER CATCH UP! I did some basic calculations on my own income. I am 100% debt free WITH A PAYED OFF HOUSE. This year I will make about $60,000 at my job as a lab tech. Having zero debt and zero mortgage/rent and zero student loans (the size of a veterinarian, pharmacist, doctor) puts me at the SAME LEVEL AS A VET/PharmD living in the same state. (And a average physician living in a high cost of living state like Cali, NYC etc) That is to say a normie indebted Vet/Pharmacist actually pocketing the same as me after TAXES AND MORTGAGE/RENT AND STUDENT LOANS. Now, if I include living and saving on a bitcoin standard along with unrealized capital gains of a payed off house and bitcoin , I would technically be on the same level as a normie indebted pediatrician ($150,000) living in the same state and a normie general surgeon living in California, NYC etc ($300,000). It seems “crazy” but you can do the numbers yourself USING A GROSS UP SALARY CALCULATOR. My great grandmother learned these basic things when she was a nurse. Her wealthy private clients/patients taught her about saving in hard assets and dumping worthless pieces of paper. She became wealthy and she was not some fancy surgeon. All I did was to copy her… for 15 years (after my first real full time job) AFTER ALL LIVING EXPENSES PAYED FOR, I DUMP FIAT CURRENCY FOR HARD ASSETS… my networth is like 3-4x more than me “better educated” family and friends from school. It’s not how much you earn, ITS ABOUT HOW MUCH YOU GET TO KEEP. And saving debt coupons (fiat currency) is dumb… hard assets leverage the value of your labor long long term while fiat DEVALUES YOUR LABOR/SAVINGS.

Ok-Most-7339

We are in a fucking bull market. 38k HAHAAHAA fuck them BEARS!!!!!!! WE WILL KEEP PUMPING!!!!!! TO 100k!!!! hahahahaa bears are crying. Bears are mad. So sad

Rice-Fragrant

I still like gold for jewelry and art, but it’s a poor investment… and I was once a HARD CORE stacker too. The community believes that gold will “save” their wealth in a mad max situation BUT a box of bullets have WAY WAY WAY OUTPERFORMED GOLD… just look on the prices today! A box of 9mm, 45 etc has all easily kept up with real inflation but gold has FAILED TO KEEP UP with true cost of living increases. Gold needs to be $3500 JUST TO BREAK EVEN from its 1980s inflation adjusted all time highs… this is not a good long term “investment.” I would not even call it good “insurance” either, much better off with some farm land, good friends and family and some tools, food and weapons.

Klutzy-Gas3786

Even better DONT KEEP YOUR FUNDS ON AN EXCHANGE

wsdmrtst

Well, I'm a fairly non-tech savvy Bitcoiner... a normie... can't even believe I'm posting this. Don't even know anything about how coinjoined BTC works. I'm sure you'll all come for me in the chat feed.... But, that said, watching all the headache of the SBF/FTX court case go down, I figure it's better for Swan to just KEEP IT SIMPLE and avoid any possible future headaches. Sell BTC, and that's it. Avoid any connection to ANYTHING that could be misconstrued in the future as fishy. Keep it simple, stay out of court, stay out of jail, encourage people to just utilize the site as a simple, pure exchange. I wouldn't be surprised if the exchange is being closely watched and monitored as many are being watched at this point in the creation of the history of Bitcoin. Stop judging and just do what you need to do using the exchanges and platforms that offer the services you need.

Ok-Most-7339

Anyone else enjoying this BULL MARKET??? Too bad the poor bears arent hahahahaha poor poor bears.... KEEP PUMPING!!!!!!

Ok-Most-7339

ofc it will keep grinding up. Are you for real? ITS A BULL MARKET. WE WILL KEEP PUMPING JUST STOP. These bears just dont know when to stop talking...

Federal-Smell-4050

Great way to KEEP YOUR COINS ON AN EXCHANGE!

Ok-Most-7339

BAHAHHAHAHA Bitcoin 35k!!!! Dumb bears are crying right now so hard HAHAHAH u cant make us dump sorry sad bears. Poor poor bears....... just stop...... WE WILL KEEP PUMPING

Ok-Most-7339

Bitcoin PUMPING TO 35k!!! Fuck them bears!!! AHAHHAAH you dummies cant make us dump!!! JUST STOP!!!!!!!!!!!!!!! WE WILL KEEP PUMPING!!!!!!!!! poor poor bears. Soooooo sad.....

moldymoosegoose

Congrats, you don't understand what type of speculation is even taking place here. Allowing people to access other currencies they actually want (hint, they don't want to actually KEEP crypto). You're basically describing a problem with a nation's currency not being stable but can't actually transact in crypto itself, causing a country to spiral even worse and not actually solve anything. Exactly what the IMF says. You don't seem to understand that people buying crypto is not a path to wealth and still does not actually generate anything of value. You still have to rely on other people buying it. This only helps poorer countries because people in rich countries are causing the price to go up. It's a complete illusion that breaks when demand can simply stop existing at any point, also causing them to lose all their money if they held onto crypto. Finding a way for people to escape their currency only works when people don't actually use the crypto itself and simply buy a more stable currency. That would only work for so long because it's deflationary which will make buying it get more and more expensive, using the very same currency to buy it that you claim is losing value. This means it would lose value at an even faster and faster pace. This would also cause a spiral in their own money becoming even MORE worthless over time making those countries even worse off. This is why it's the greatest scheme of all time. Notice how everyone here is constantly in a state of FOMO? It's economically stupid and just because you're a developer in the space doesn't mean you have an even remote understanding regarding the economics behind it.

Ok-Most-7339

This BULL MARKET fucks the bears up!!! HAHAHA the bears are crying right now!!! ITS FUNNY AS F!!!!!!! hahahahah poor bears.... KEEP BUYING KEEP PUMPING. Bullrun is here!!!! Bears are selling!!!! BUT it wont work1!!!!!! 35k!!!!!! 35k!!! 35k!!!!!!!!!!!!!!!!!!

Ok-Most-7339

Pump harder!!!!! KEEP FUCKIN THEM BEARS!!!! PUMP PUMP PUMP!!!! DONT STOP!!!!! This is a bull market!!!!! FINISH THEM!!!!!! This is not a bear market anymore!!! Fuck. Them. Bears. BAHAHHAAHAHHAAHAHA poor bears...

Ok-Most-7339

What a nice bull market today!!!!!! KEEP PUMPING AND FUCK THEM BEARS!!! This aint a bear market anymore!!!!!!!!! LEAVE BEARS. NOW!!!!

Ok-Most-7339

This bull market is CRAZY!!!!!!!!! Poor dumb bears are sad right now... crying.... in the corner..... KEEP PUMPING!!!!!! NO MORE BEAR MARKET!!!!!!!!!

Medaris41

DONT KEEP CRYPTO IN EXCHANGES! You did this to yourself. If you have spent any amount of time in this sub you would know this. You just don’t care.

LiteratureSerious56

I wouldn't say btc to fail because many will not adopt their defiFiat crap. But it will push enough people so btc would lose momentum. And governments at some point have to realize that doing a decentralized currency is better in the sense that they can KEEP a bit of the power instead of loosing it all of it.

castorfromtheva

> I'm just trying to figure the quickest way to sign a transaction offline I guess Bitcoin is all about "low time preference". **Most of us wouldn't want to figure out the quickest, but the most secure way** of doing something. Just follow the KISS principle. KEEP IT SIMPLE AND STUPID. Otherwise fools and their money will soon get parted.

edislucky

The best way to orange pill people is KEEP IT A SECRET "I don't discuss bitcoin, it's too complex" "It's probably not for you" "Just because I'm making A LOT of money using it doesn't mean you can" "If you don't understand why the money is broken, I can describe why Bitcoin fixes it... it's like explaining a hole fixing kit to someone who doesn't believe in holes" "Bitcoin, you buy it. It's that simple. If you don't want it, don't buy it. Nothing to discuss" Etc etc

Main_Departure_5841

MY PROBLEM IS STILL NOT SOLVED! PLEASE KEEP IN MIND THAT THIS CAN HAPPEN TO ANYONE! MY WITHRAWALS ARE SUSPENDED SINCE A YEAR SO WAY BEFORE THE TIME THAT BINANCE LEFT THE NETHERLANDS. I TOLD THAT TO THE CS FOR THE DATE. &#x200B; HAS SOMEONE A SOLUTION? &#x200B; BTW BINANCE WHEN YOU READ THIS I HOPE YOU WIL CHOKE TO DEATH

excubitor15379

Wow, so it's how they made it. I'm wondering what other exchanges have in their code... Just another reason NOT TO KEEP UR CRYPTO ON EXCHANGES.