KEYS

croa81

Actually they are comparable just cause it’s regulated and they have degrees and fancy titles and suits doesn’t mean anything. They are speculating and gambling just like Alameda. So stop defending this shit. NOT YOUR KEYS NOT YOUR COINS

Daddio_87

Let's be honest ...it isn't about the complexity, because people have physical wallets and they lose them all the time. How much of a pain in the ass is it trying to get all your cards cancelled, then re-ordered, having to wait in the meantime and go into the physical bank for money, and then activate all your new cards. Probably have to go get a new driver's license/ID while you are at it. If you have a proper system in place with YOUR KEYS, then retrieving your lost wallet is no issue.

SetoXlll

I guess I have to say this and type this in all caps again! NOT YOUR KEYS NOT YOUR CORN”

ROBINHOODEATADIK

Same thing I e been telling them all along … Nothing worthwhile comes easy … There is no such thing as ‘easy money’ Crypto will be the future but it is a LONG TERM plan NOT YOUR KEYS NOT YOUR COINS Oh and … that DCA price is what I paid I swear lol

South-Security-Mouse

"NOT YOUR KEYS, NOT YOUR CRYPTO" One phrase says it all

vjeva

This might be good for beginners, but if you are serious about DCA and crypto in general don't use it. Main reason for this is that you are not holding the assets, Revolut is "holding" them for you, meaning NOT YOUR KEYS BOT YOUR CRYPTO. You can't move them away to your cold storage or other CEX or DEX and the withdrawal fees are ridicoulous.

The_Materialist

1. Read The Bitcoin standard 2. If you have to ask: yes, its a scam 3. NOT YOUR KEYS NOT YOUR BITCOIN 4. Nothing is the next bitcoin, there is Bitcoin and there are shitcoins 5. Do your own research 6. Never leave Bitcoin on exchanges (see 3) 7. Never speak about your stack 8. Always keep your seedphrase safe, your seedphrase is your bitcoin 9. Orange pill as many friends and family as you can 10. HODL

mathaiser

Sure can! That’s why all these exchanges collapsed. You “had” 4 bitcoins on the exchange, you saw it right there on your app screen. So saw the same a bunch of other people. Then one day, the exchange stopped allowing withdrawals. Then the next day everyone’s account was frozen. Then they say everyone’s money is gone. Not your keys. Not your bitcoin. If you don’t hold your private keys, you have donated money to a degenerate gambling machine that makes up coins out of nowhere to lend out, make interest on, and when they don’t get it back, you don’t either. You are trusting a degenerate, professional gambler. And they are liars, failures, and ruin lives. One last time…. IF YOU DONT HOLD YOUR PRIVATE KEYS YOU HAVE ZERO CRYPTO. THAT NUMBER YOU SEE ON THE SCREEN OF YOUR APP IS NOTHING!!! NOT UNLESS YOU HOLD YOUR OWN KEYS, DO YOU ACTUALLY OWN ANY CRYPTO.

Mudhutted

Basic. You didn’t make use of due diligence. This is a relatively (for you) cheap lesson to learn. Not your KEYS NOT YOUR CRYPTO. Godspeed fellow degenerate.

CypherMcAfee

cry me a river.... Everyone should know NOT YOUR KEYS NOT YOUR HOUSE.... OH SORRY.... NOT YOUR KEYS NOT YOUR COINS.. SO WHY ARe people still trusting these services ? just buy a hardware wallet and sleep like a baby at nigth, it aint dificult, or create a node and use a cold wallet, theres thousand of tutorial on how to self custody. Cant understand why people still trust their BTC to scammy Services and Cex.

Mediocre_Pause8983

First of all thank you for replying!!! Coinme partners with coin star and money gram. You can buy crypto from them and have a wallet with them. +0.08936581 Bitcoin was sent to my coinme wallet on February 10,2023. The Blockchain confirms my funds were recieved by my coinme wallet, however the funds were never credited to my wallet, it doesn't show the transaction in my COINME ledger, what did find is the 0.08930801 BITCOIN was removed from my wallet on February 10,2023 and sent to 32fNeD3D4ydDpFhQimTYPbo7ygxmhuUv1t 2FA IS REQUIRED TO WITHDRAW FROM COINME WHICH I NEVER RECEIVED. I was not involved in this WITHDRAWL, I NEVER authorized the withdrawi, the coins don't even show in/out on my wallet ledger..and only someone WITH ENCRYPTION KEYS TO MY WALLET could have removed these funds. I just want to make sure I’m understanding this correctly

throwawayLouisa

I'm not posting on this thread to make friends - I'm posting on this thread to warn noob investors that if they deposit funds on an exchange those funds are not their funds any more. They are now the exchange's fund's, matched by a debt obligation back to the investor. In the event of that exchange's bankruptcy, such an investor may find themselves at the back of the queue of creditors. "Not Your Keys Not Your Coins" is only a meme phrase, rather than an exact extract from statute law - but nevertheless it rather succinctly and beautifully sums up risks and liabilities. **NOT YOUR KEYS, NOT YOUR COINS** (If you wish, you can now descend to anger and abuse again. But that won't change the facts, and it won't prevent me from reiterating the facts. Go for it.)

Castr0-

I don't agree with him normally but here he is fucking right. NOT YOUR KEYS NOT YOUR CRYPTO.

jesuzombieapocalypse

Yea, ngl seeing all the “I got scammed because I was lazy, don’t let this happen to you” posts on this sub definitely had a big role in me buying my cold wallet… although an unsettling amount of those posts were “I took a picture of my key and kept it on my cloud, how did I get hacked!?” Like damn, I feel for you but ffs DO NOT STORE YOUR KEYS DIGITALLY!!!

Lyuseefur

NOT YOUR KEYS NOT YOUR COINS Ledger is fine. Trezor is fine. Just NO EXCHANGES.

expazo

Have both a ledger and Trezor, Both work perfectly fine. I kept my bitcoin on Exodus for a couple months (great software wallet been around since 2015) before I was able to get my hard wallet. NOT YOUR KEYS NOT YOUR COINS can’t be stressed enough

daigsischt

At first sorry that he passed by ! Like other users said, check all the Computers / Notebooks and get the Private Keys if there are existing Wallets DON‘T SHARE THOSE KEYS WITH ANYONE AND SAFE THEM IN MULTIPLE SAFE PLACES, NO SCREENSHOTS do the Oldskool Way with pen and paper ! If you don’t have to take a watch at your energy cost, power them on and keep mining :) If there are VGA Cards you can sell them one by one.

drmelle0

NOT KEYS! NOT COIN! HODL! MOON! so, basically this subreddit

ZappaSays

Buttcoiners bought buttcoin and got salty when the exact thing the big wigs said they wouldn't do, they did. KEYS bro KEYS!

The_Materialist

As you are a nooby to bitcoin. 1. Read The Bitcoin standard 2. If you have to ask: yes, its a scam 3. NOT YOUR KEYS NOT YOUR BITCOIN 4. Nothing is the next bitcoin, there is Bitcoin and there are shitcoins 5. Do your own research 6. Never leave Bitcoin on exchanges (see 3) 7. Never speak about your stack 8. Always keep your seedphrase safe, your seedphrase is your bitcoin 9. Orange pill as many friends and family as you can 10. HODL

mimblezimble

> https://walletscrutiny.com/android/io.bluewallet.bluewallet > BlueWallet Bitcoin Wallet > Latest release: 6.3.2 (2 months ago) > CUSTODIAL: THE PROVIDER HOLDS THE KEYS ... not your keys not your coins...

iconoclasterbate

A good cold wallet like ~~ledger~~ Trezor or bitbox is easier, so it costs more. The device handles key/screen inputs natively so the Phone/PC you connect it to cannot see your PW/KEYS/etc. Spyware can still detect you are using it and potentially steal a screen capture of your balance/TXs, so you still have a point of failure with the device you use the hardware wallet on. A hardware wallet is also very obvious, while Tails USB drive just looks like a USB drive. Tails, being an amnesiac security focused linux install, comes with a learning curve. Security is hard coded to turn your phone/pc into a safe place to view your sensitive data. Its harder to learn, but if done right is more secure and useful. Like the Trezor app, the entirety of tails runs over the TOR network by default. A bonus is you also have an entire secure OS to use for what ever else you might want, like secure messages, extremely private browsing, data storage, etc. Some think its better to trust yourself to manage an OS than trust a device manufacturer to not leak your info or allow a vulnerability. Its also very easy to keep a back up of this USB, which is nice as hardware wallets will break eventually. Electrum is as good a wallet as you can get, but you can absolutely install other wallets if you want. Think of it like having a console vs building a gaming computer. The console does the one thing it is supposed to very well and costs a lot, but if you build and maintain your own gaming PC you have much more control over the cost and can use it for everything else a computer can do. One is easier, the other requires maintenance. Tails has far better opsec IMO and entirely worth the effort it takes to learn how to use it.

Primary_Technical

Thanks OP on stressing on READ ONLY API KEYS Will try the platform out and give you reviews.

The_Materialist

1. Read The Bitcoin standard 2. If you have to ask: yes, its a scam 3. NOT YOUR KEYS NOT YOUR BITCOIN 4. Nothing is the next bitcoin, there is Bitcoin and there are shitcoins 5. Do your own research 6. Never leave Bitcoin on exchanges (see 3) 7. Never speak about your stack 8. Always keep your seedphrase safe, your seedphrase is your bitcoin 9. Orange pill as many friends and family as you can 10. HODL

lifechristian86

Bitcoin won’t solve very thing but it is a good hedge against inflation. I treat it like Gold. OWN YOUR KEYS 🔑

ZappaSays

NOT. YOUR. KEYS!!! Fixed that for you...

Luccio

those who buy bitcoin on an exchange and hold the value on their non custodial wallet, mostly HODL their bitcoin. Understand the exchange's coin are the peoples coins. They resell your bitcoins to new comers, and get them to HODL. If the occasional someone decides to take their BTC off the exchange, sometimes that exchange will bitch about it. Remember everyone, NOT YOUR KEYS, NOT YOUR BITCOINS. Cold storage is for the user not the exchange. The last thing an exchanges wants to do with your bitcoins is cold storage them, when there's a million to be made off off them while you HODL.

DaImperator93

Online Wallet? Are you joking? How can someone have so a big investment and know nothing about crypto? NOT YOUR KEYS NOT YOUR CRYPTO. Buy a hardware wallet Ledger,Bitbox02,Trezor whatever and hide your keys. If you let your investment online on an exchange or wallet don't come crying when its all vanished

IPretend2Engineer

NOT YO KEYS…. not yo cheese

The_Materialist

1. Read The Bitcoin standard 2. If you have to ask: yes, its a scam 3. NOT YOUR KEYS NOT YOUR BITCOIN 4. Nothing is the next bitcoin, there is Bitcoin and there are shitcoins 5. Do your own research 6. Never leave Bitcoin on exchanges (see 3) 7. Never speak about your stack 8. Always keep your seedphrase safe, your seedphrase is your bitcoin 9. Orange pill as many friends and family as you can 10. HODL

Cartosys

You can play around with the [online version](https://iancoleman.io/bip39/) to get an idea of how this stuff works (it helped me). PSA WARNING USE THE OFFLINE VERSION OF THIS TO CREATE KEYS YOU PLAN ON ACTUALLY USING

ps2man41

YES, THE GOVERNMENT CAN LISTEN IN FROM THE NANOMACHINES INJECTED FROM THE COVID VACCINE AND STEAL YOUR KEYS /s

MoodNo9836

[GET YOUR BITCOIN OFF THE EXCHANGE! USE YOUR OWN WALLET. NOT YOUR KEYS, NOT YOUR COINS.](https://i.postimg.cc/wxQd6ZbR/nokyc-1.jpg)

Bunker_Beans

Let’s play Wheel of Fortune! N_T Y_UR KEYS N_T Y_UR C_INS *Phrase*

Chefboyaidin

With Sam at the helm, nothing is impossible....FYI, KUcoin IS UNDER THE TELESCOPE. WORD ON THE CHAIN, THEY'RE GIVING OFF FTX VIBES.. PSA: NOT YOUR KEYS, NOT YOUR. CRYPTO!!!! Hopefully BINANCE LAW-TEAM IS ON OJ SIMPSON LEVEL...

Fuck_knows_anything

>He's probably the only person that got caught out by FTX who can say this, the rest of us have to be like, I dunno. If you use your own keys none of this would happen... Remember kids: NOT YOUR KEYS NOT YOUR COINS.

Bitcoin_Maximalist

let´s repeat pupils: NOT YOUR KEYS, NOT YOUR BITCOIN!

OceanSlim

"They have total control of your crypto" YES. THEY ALL DO. THEY ALWAYS DID. THAT'S WHAT WE MEAN WHEN WE SAYNOT YOUR KEYS NOT YOUR COINS. How tf are you not getting this? If it's not in your custody how would you have ever been in control of it in the first place. That was your mistake.

FldLima

Yeah. i will never understand this. I want to feel empathy but at the same time is kinda hard. One thing is not knowing, like, early stages of crypto era but this si 2022 and NOT YOUR KEYS NOT YOUR COINS is spammed daily, multiple times. There is no excuse for not doing so.

imperator285

Dude you only have yourself to blame. People have been screaming GET YOUR MONEY OFF EXCHANGE/NOT YOUR KEYS NOT YOUR COINS for months if not years. You deserve zero sympathy.

Sendmedoge

You are right that what people "think" doesn't matter. The chain reports anything in a wallet as in circulation and so does every exchange. People "think" of it as lost, but as you said, what people think doesn't matter. Until there is a change in what is counted as "in circulation" everything in any wallet counts as in circulation, regardless of how people "think" about it. There is no way to prove what wallets people have lost the KEYS to, and no one has ever "lost" a token, aside from the ones sent to the wrong chain entirely. How you think about it doesnt matter.

TommyAllArk-io

And that is why gents, NOT YOUR KEYS, SCAMMER'S COINS. Use Crypto, Hold Crypto but never TRUST an exchange with your Crypto. Tommy from [AllArk](https://allark.io)

InvalidIceberg

Let me guess… Youre all going to scream NOT YOUR KEYS NOT YOUR CRYPTO now?

Future-Spirit7874

NOT YOUR KEYS NOT YOUR COINS. Defi was derived from FIAT thinking. We have seen enough defi products collapse go schill your scam somewhere else. 🤡

Future-Spirit7874

NOT YOUR KEYS NOT YOUR COIN. Bitcoin traders are scams. Earning interest on Bitcoin is a scam. Loaning out Bitcoin is a scam. Bitcoin does not require a 3rd party to hold your Bitcoin. If anyone is holding Bitcoin for you it is a scam. People are greedy and scams rely on greed to make people ignore their better judgement. Stop being greedy and avoid being scammed. Want to Bitcoin? Hold it on your own cold wallet and never give anyone you private keys, and you will avoid being scammed.

bitcointwitter

what you are seeing is CZ binance lying about having coins and they were LEVERAGED. ​ he has to go to the market, and act like Ken Griffin and SBF to buy to get people to sell. ​ BINANCE DOESN'T HAVE YOU COINS, they are on LEVERAGE, MARGIN CALL THEM. NOT YOUR KEYS, NOT YOUR COINS.

HerrW00dy

Summary of reactions: \- NOT YOUR KEYS NOT YOUR COINS \- PUT EVERYTHING IN COLD WALLETS/LEDGER \- DCA \- HODL

Thanatos_1

> 1. Closed source is evil. True. Although I prefer to categorise software into unfree or [Free Software](https://www.gnu.org/philosophy/free-sw.html#four-freedoms). Richard Stallman explains why unfree or propriety software is bad: https://www.youtube.com/watch?v=ZPPikY3uLIQ > 2. Ledger Live is satan and tracks your every move. ...But either way, IT DOESN’T HAVE YOUR PRIVATE KEYS. So it can’t rat you out, can’t be hacked to reveal your keys, and can’t cause the loss of your funds. Untrue. It does reveal your *addresses* to Ledger Inc. And I actually applaud their recent "update" to Ledger Live which now collects your IP address, which means your personal balance is now forever tied to your IP address, which is tied to your identity (in most cases). I applaud their move, because your IP address was probably tracked by three-letter-agencies anyway, but now it is explicit and the user knows what's up and hasn't a false sense of security. Maybe that overt IP tracking was actually a canary signal by Ledger. > 3. The Ledger device is unclean because it handles more than just bitcoin. Promoting scams is immoral, promoting illegal securities illegal, often but not always they are identical. If it only were USDC, yes maybe I could understand that, but they support a lot of shitcoins that have no use other than enrich their creators. I think if you already own a Ledger then you should use it. The device is fine. But please use a Free Software Front-End like Sparrow Wallet or Electrum (https://electrum.org). But if you don't already own a hardware wallet, please choose one that respects your freedoms or [make your own cold storage](https://old.reddit.com/r/Bitcoin/comments/vm1e90/how_can_i_store_safely_my_btc/idyy3j0/).

Dry_Arm_1903

F the cex’s store it in a cold wallet NekoVault ( there are loads out there but this is my preferred device) any trading/swapping coins I’m using NekoMask 100% true DeFi hot wallet with its own swap so I don’t even have to use a 3rd party swap. MY KEYS MY CRYPTO. Sorry if this sounds like I’m shilling but NekoMask internal swap pools transaction fees and give them back

Payutenyodagimas

Isnt it NOT YOUR KEYS NOT YOUR CRYPTO?

JS_ShieldsTrading

IMO I would think Fidelity is safe. However after this year I won't be trusting anyone to hold my BTC for me. NOT YOUR KEYS NOT YOUR COINS

Obvireal

If I had a bunch of Bitcoin I’d have it in cold storage that’s for sure! I don’t have even .5 and mine are in cold storage lol if I had the money I’d have way more. Not your keys not your coins. Just keep repeating it and spreading the word. NOT YOUR KEYS NOT YOUR COINS NOT YOUR KEYS NOT YOUR COINS NOT YOUR KEYS NOT YOUR COINS

shortda59

YES YES, for the last time YES NOT YOUR KEYS, NOT YOUR CRYPTO we've been preaching this since 2017!!!

bitcointwitter

shills in effect, are nobody watching what FTX did and you still trust CEX, DEX / DEFI is only way. ​ not your keys, not your coins. any EXCHANGE/BROKER that dont give you the "COINS back to your own KEYS" is a 100% SCAM OVER TIME.

Itchy-Acanthaceae841

This sub maybe shilled a lot shit but one thing is always said, but you guys really were to greedy to invest in it: Hard wallet! How many times I read the warning, „NOT YOUR KEYS NOT YOUR BLA BLA BLA“. I really feel bad for everyone who lost money, but damn it’s really your fault very much.

Unique-Dragonfly-684

Good. Keep your crypto off exchanges… not your KEYS… BOT YOUR CRYPTO!!!

BusinessBreakfast3

Great write-up, but that's too many words to describe a simple concept... TLDR: **NOT YOUR KEYS, NOT YOUR COINS.**

technomau87

I don't think it is a Binance prob, but man... learn from what just happened: NOT YOUR KEYS, NOT YOUR COIN. Move everything on a cold wallet.

TeslaPills

NOt YOUR KEYS NOT YOUR COINS BOYS... ITS A TRAP

hcollector

NOT YOUR KEYS NOT YOUR COINS. Finally get it in your head. Have 4 CeFi platforms going down in less than 1 year not been enough lesson?

Ar0war

And then when someone post another "not your keys, not your coins" people get mad and "oh God, not again". We, the ones who understand the importance of taking custody of your own coins needs to keep repeating it forever -- no matter what others said. If we just convince 1 out of 5 then at least this one person is safe. That said, don't rush things. Taking custody is something EASY but doing it 100% safe and with backups etc can take a couple hours of research. Again... NOT YOUR KEYS, NOT YOUR COINS!!

RC-Coola

what "those". My friend, you do not know what you are talking about. DEFI is a scam. If you want to enter into a smart contract written by a third party to hold your assets for you while you either earn or trade or wrap or any other nonsense, be my guest. There is only one rule to crypto. NOT YOUR KEYS, NOT YOUR COINS! If someone else is holding your coins for you in a centralized or decentralized manner, you will lose them eventually. All assets must be in a self custodial wallet. Period.

Relative-Prune-3655

FTX just Prooved how valuable bitcoin really is and how important NOT YOUR KEYS NOT YOUR BITCOIN.

european_hodler

Dear Bahamas: NOT YOUR KEYS NOT YOUR COINS. \*scnr\*

blario

This is wonderful news! They shouldn’t be trusted. No one should. Don’t trust, Verify! NOT YOUR KEYS, NOT YOUR COIN. This is incredibly bullish for price, because it reduced the ability of exchanges to sell fake Bitcoin! And the sooner people stop gambling in fixed casinos, the sooner people can focus on using Bitcoin as a unit of account.

SigSalvadore

Well per their [TOS](https://www.coinbase.com/legal/user_agreement/united_states): *2.7.1. Ownership. Title to Supported Digital Assets shall at all times remain with you and shall not transfer to Coinbase. All interests in Digital Assets we hold for Digital Asset Wallets are held for customers, are not property of Coinbase, and are not subject to claims of Coinbase’s creditors. As owner of the Supported Digital Assets in your Digital Asset Wallet, you shall bear all risk of loss of such Supported Digital Assets. Coinbase shall have no liability for Supported Digital Asset fluctuations or loss. None of the Supported Digital Assets in your Digital Asset Wallet are the property of, or shall or may be loaned to, Coinbase; Coinbase does not represent or treat assets in User’s Digital Assets as belonging to Coinbase. Coinbase may not grant a security interest in the Supported Digital Assets held in your Digital Asset Wallet. Except as required by law, or except as provided herein, Coinbase will not sell, transfer, loan, hypothecate, or otherwise alienate Supported Digital Assets in your Digital Asset Wallet unless instructed by you.* \-So they can't use it as a valuation as it isn't theirs. HOWEVER: Page 84 paragraph 3: [Moreover, because custodially held crypto assets may be considered to be the property of a bankruptcy estate, in the event of a bankruptcy, the crypto assets we hold in custody on behalf of our customers could be subject to bankruptcy proceedings and such customers could be treated as our general unsecured creditors.](https://d18rn0p25nwr6d.cloudfront.net/CIK-0001679788/89c60d81-41a2-4a3c-86fb-b4067ab1016c.pdf) Basically: NACHO KEYS NACHO CRYPTO!

TrifBoi

I'm sorry but if anyone stores PRIVATE KEYS in cloud, when it's mentioned absolutely everywhere to not do that, he's a fucking dumbass

iMHackeRPiratE

1.both exchanges hold user's funds, not theirs to flex and show-off like they earned/owned. 2.these two bald heads are here to make money from us/not to make money for you. 3. app wise binance better than CB. withdraw to almost most chains. 4. **NOT YOUR KEYS NOT YOUR COINS.**

procabiak

NOT YOUR KEYS NOT YOUR COINS Seems unpopular cos y'all keep losing em!

Fit_Letterhead_4434

The problem is centralization with no restrictions in place and regulation. NOT YOUR KEYS NOT YOUR CRYPTO. LET THIS BE A LESSON. ONLY BUY WHAT YOU UNDERSTAND

Mordan

its only radical if you follow NOT YOUR KEYS NOT YOUR COINS otherwise its just banking like banking was in the 19th century.

Mordan

noobs and uneducated people gave all their crypto and savings to SBF. Enjoy the rape of your savings and crash of the whole market. NOT YOUT KEYS> NOT YOUR COINS!!!!!

yourmom_fat_as_hippo

In my honest opinion, CeX are just as important in the crypto ecosystem as DeX for trading and swapping. Almost every new person to crypto is going to make their first crypto purchase via CeX only. People saying CeX must die don't understand that it will only hamper the crypto adoption seperately. Both CeX and DeX are necessary for crypto ecosystem. ​ That being said, I want to point out two things: 1. CeX must be regulated. CeX are just traditional businesses that trade cryptocurrencies. Regulations will decrease the number of bad actors in the CeX ecosystem. **CeX/=Crypto**, and it needs to be regulated. 2. Once you get a proper idea of the crypto ecosystem, it's always better to store your coins in cold (hardware) wallet. If you don't have funds, store it over software wallet. There are so many software wallets available for free. Both of these options are much better than storing your coins on CeX. You have better control over your funds in your own wallet. NOT YOUR KEYS, NOT YOUR CHEESE. 3. CeX should be used for trading. Trading fees in CeX are like 20-30% of that compared to trading over a wallet. (Ledgor swap has 0.25% trading fees compared to 0.1% in Binance).

hi3r0fant

The number one rule. NOT YOUR KEYS - NOT YOUR CHEESE

CmpltlyPrvtPblcAccnt

You're needlessly procrastinating. Buy a Ledger (or Trezor) off Amazon. That's all you have to do. The instructions come in the box. It's not rocket science. If you have the cognitive skills to buy BTC off an exchange you're qualified to operate a Ledger. NOT YOUR KEYS, NOT YOUR COINS

deftware

Should say that the amount of bitcoin that can be sold is infinite. How can they sell an infinite amount of bitcoin, you say? They do it by never actually transferring it to *you* where it's exclusively in *your* control. They pretend to give it to you while *actually* taking your fiat dollars, showing you a nice comfy number on a stupid HTML page that means *NOTHING*. YOU DON'T OWN BITCOIN YOU DON'T HAVE THE KEYS TO. You can take that to the bank.

maxcoiner

Correction: You see talk of him being liquidated ***FROM IDIOTS WHO DON'T EVEN KNOW HE CONTROLS HIS OWN KEYS AND DOESN'T SELL*** but haven’t seen or heard anything about it in a while... Why would you? He said he's hodling for centuries, not minutes...

TheOnlyVibemaster

It’s like some ppl choose to forget things. I have no doubt ppl will flock back to FTX despite getting fucked over them before bc they’re under new management…??? They’re all the same guys. Every centralized exchange acts like a bank with no FDIC insurance on a much more volatile asset than the USD. KEEP YOUR OWN KEYS. Jesus, I feel like some ppl like getting fucked over.

MrMarvel888

First off yeeeaaaaah boooooiiiiii. Secondly get that bitcoin into a fucking wallet. NOT YOUR KEYS NOT YOUR COINS!!!!!

Yuuki__konno

>NOT YOUR KEYS NOT YOUR CRYPTO Yes

thondera

Yes yes... It's time to learn the lesson. NOT YOUR KEYS NOT YOUR CHEESE.

Sugar_Phut

Say it with me now: NOT YOUR KEYS, NOT YOUR CRYPTO To anyone new please look into getting a wallet and your investments off exchanges

aorshahar

You don't. You make another wallet with keys that you control, BACKUP THE KEYS/SEED PHRASE, and send the coins from Coinbase to the wallet who's keys you own. Do your own research as to what wallet to use that fits your needs, but eclair, breez, phoenix, and electrum are all good wallets for Android that are vetted by the community

rubicks_cube

You forgot NOT YOUR KEYS, NOT YOUR HOUSE I'm so tired of seeing a million permutations of such posts