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Don't invest more than you're willing to lose..... Rookie Your wife's boyfriend will NOT be happy about this..might wanna run it by him first.. 🤷♂️
I stopped talking about it because out of pretty much everyone I know I might not make the most in a year, but I am up there and I run a cash business and I bring in cash faster than anyone I know, I already was everyone’s atm or lending institution, then I got excited about entering the market and now people really think I have all the money in the world and now I’m getting 2-3 texts every single day asking to borrow money. SORRY…. NOT sorry!!!! I am raising my two daughters who are only 4&6 and I have no help, not financially or otherwise so if I deem someone worthy I will GIFT them money, but never lend ANYONE money, I rather give away $10,000 then have to chase a so called friend down for $100 because literally everyone who has ever borrowed money from me either doesn’t pay it back, or if they do it’s weeks after they gave me their word they would pay it back and I have to text and call them 50 times before I even get a response and then there is always an excuse.. Excuse me, but FCK Excuses!!! And FCK who that I offend!
Idk why yall make this shit so hard Just buy Bitcoin….. ITS NOT DIFFICULT Had you just been DCA’ing Bitcoin you would be up. Stop thinking you can outsmart the entire market and pick the right alt coin. Surprise- YOU CANT. You’re not special, you’re dumb like the rest of us. Accept the fact you cannot pick the chosen alt coin that will outperform the market and buy plain old fashioned vanilla Bitcoin. 99.999% of all alt coins won’t reach new ATHs. 100% of the time Bitcoin always does.
Bro.. why do I care about politics when I’ve been up in profit since 2020? BTC DOES NOT CARE ABOUT POLITICS.
Stop being delulu, Bitcoin is money. The hardest money, human kind ever had. I know, you don't follow right now, you will in a few months/years, no worries. We all have been where you're at, read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late. ONLY INVEST MONEY YOU CAN AFFORD TO LOSE. Invest in your knowledge, learn about Bitcoin as much as you can. The Bitcoin Standard book is a must read. So is Broken Money book. Get them and READ them both, please. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **Price wise, nobody knows what the price will be tomorrow, next week or at the end of the year.** **Try "Bitcoin ONLY" strategy for at least the first 210,000 block cycle**, you'll sleep much better. Newcomers lose so much money, holding garbage tokens just because someone on YT told them to. If you don't like losing money in [failed coins](https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed), avoid. Going DCA is probably the best approach, IMHO. Bitcoin to me, is a savings account. If I have some spare cash, I exchange it for sats. Once a week works best for me, but I'm getting paid weekly. If there's a 10% drop in the price since my last buy, I usually double my buy. This [DCA calculator](https://dca.bitnob.com/) might help to decide what will work best for you. In a few years, even $10 dollars a month can make a massive difference. This [DCA blog](https://er-bybitcoin.com/) is pretty interesting too and compares buying bitcoin VS stocks. Now, don't buy some fake bitcoin at a spot ETF place or similar, **get the real thing** that you can withdraw anytime you want. Register at a proper exchange and buy real Bitcoin. Any of these will do [https://bitcoin-only.com/get-bitcoin](https://bitcoin-only.com/get-bitcoin) Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. A few good wallet choices: [https://blockstream.com/green/](https://blockstream.com/green/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. Lightning wallets to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys Hardware Wallets (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. Use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor) [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, etc. **Stay away**, save yourself a headache in the future. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.
The drop is due to a risk-off due to the Iran situation. But that is only half the story. Gold has NOT risen in the last 24 hours, which is a real surprise. I suspect stocks will do poorly tomorrow. I have a feeling the expected large increase of the cost of oil will be perceived as inflationary. That means no rate cut. Which means an increased chance of recession. Which causes a selloff in risk assets. We know BTC is not a risk-on asset but many do not, thus it still acts that way. Which is why during the peak of the tariff war the Dow lost 11%, the S&P lost 18%, the NASDAQ100 lost 25% and Bitcoin also lost 25%.
When I first read the whole “biggest breach” article on my news feed, it got me thinking. All these major corps compromised all of a sudden, what?! As a CySec professional, it’s misleading how the word “breach” however is so loosely used. It’s NOT a new breach, but just a data set collection of past breaches. Often collected through LummaStealer (or derivative) malware. TLDR: watch what you’re clicking. Do not trust, verify.
im not a boy & im not broke. me n my man laughing at u bc he told u to make a limit order. now watch that shit plummet. We buying in at 75k, see u there.. NOT 😂
This is exactly the type of guy you DO NOT take investment advice from.
Yep and that’s great, but doesn’t mean that it ok to NOT admit weakness will come and may not always play to your advantage. “Buying the dip” instead of admitting times you should have sold, is just doubt. You can sell and then buy an even greater dip for a lot more BTC.
Thats NOT fuckin ww3, stop this billshit Its only garbage countries that are at war since ever so 0 change
hello there scooby. SEC is just your average bureaucracy, you don't expect anything good from them. The SEC digital divisioin has about 50 people, only. and they just do not have the manpower to pursue all cases. Plus we are living in the timeline where even the president is shilling his shitcoin, so the decision to not sue crypto scammers is 100% a political decision. Technically, Ripple is still being sued in case called Ripple vs Sostack. You need to wake up, the SEC case was just a red herring. Sostack case can bring down Ripple, even if SEC was never in picture. And if NOT sostack, ANYONE can sue XRP and arrive at the final ruling that XRP is a howey coin.
Conbase is an exchange, not a wallet. >i am new We all have been where you're at, read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late. ONLY INVEST MONEY YOU CAN AFFORD TO LOSE. Invest in your knowledge, learn about Bitcoin as much as you can. The Bitcoin Standard book is a must read. So is Broken Money book. Get them and READ them both, please. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **Price wise, nobody knows what the price will be tomorrow, next week or at the end of the year.** **Try "Bitcoin ONLY" strategy for at least the first 210,000 block cycle**, you'll sleep much better. Newcomers lose so much money, holding garbage tokens just because someone on YT told them to. If you don't like losing money in [failed coins](https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed), avoid. Going DCA is probably the best approach, IMHO. Bitcoin to me, is a savings account. If I have some spare cash, I exchange it for sats. Once a week works best for me, but I'm getting paid weekly. If there's a 10% drop in the price since my last buy, I usually double my buy. This [DCA calculator](https://dca.bitnob.com/) might help to decide what will work best for you. In a few years, even $10 dollars a month can make a massive difference. This [DCA blog](https://er-bybitcoin.com/) is pretty interesting too and compares buying bitcoin VS stocks. Now, don't buy some fake bitcoin at a spot ETF place or similar, **get the real thing** that you can withdraw anytime you want. Register at a proper exchange and buy real Bitcoin. Any of these will do [https://bitcoin-only.com/get-bitcoin](https://bitcoin-only.com/get-bitcoin) Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. A few good wallet choices: [https://blockstream.com/green/](https://blockstream.com/green/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. Lightning wallets to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys Hardware Wallets (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. Use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor) [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, etc. **Stay away**, save yourself a headache in the future. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.
> Alts only have value because of bitcoin? Are you a bitcoin maximalist? I really really think that you might be in a vacuum chamber of bitcoin Maximalism. It's a fact. Alts have NO value of their own. Alts do NOT attract capital on their own. I always bring up ETH as an example. Just like every other Alt, ETH has a correlation coefficient to BTC of 0.96 and only gains value when BTC goes on bullruns. Alts only appreciate and get capital after money flows into BTC and flows out seeking more profit. Notice how ETH only hits new ATHs after BTC hits tops/local tops and profits flow to Alts. When does XRP gain value? Same as ETH or any other Alt, completely reliant on BTC bullruns. - Summer 2017, ETH hits ATH of $400 after BTC hits local top of $3,000 - January 2018, ETH hits ATH of $1,400 after BTC hits cycle top of $20K - May 2021, ETH hits ATH after BTC tops out in April 2021 - Nov 2021. ETH hits ATH in December after BTC tops out in November 2021 > Hell…. Japan will be using XRP in 80% of its banks by the end of this year. Look it up if you haven’t heard about that. You must be brand new to this scam narrative. Ripple and SBI CEO Yoshitaka Kitao who is a Ripple board member have been scamming the gullible with the narrative that Japanese Banks are going to be using XRP since 2017 > Forty Seven Japanese Banks Move Towards Commercial Phase Using Ripple...Over 90 banks globally are working with Ripple, including top global banks such as Santander, Bank of America and Axis Bank. (2017) https://ripple.com/insights/forty-seven-japanese-banks-move-towards-commercial-phase-using-ripple/ > SBI Holdings: Using Ripples’s XRP for payment remittance saves banks 60% in fees. CEO adds “It’s our effort to make XRP the global standard” (2018) https://np.reddit.com/r/CryptoCurrency/comments/790nwi/sbi\_holdings\_using\_rippless\_xrp\_for\_paymen > Ripple (XRP) Will Bring Economic Revolution across the Globe: SBI Holding CEO (2018) https://np.reddit.com/r/CryptoCurrency/comments/8ujw7u/ripple_xrp_will_bring_economic_revolution_across > SBI CEO predicts $10 before eoy. (2018) https://np.reddit.com/r/CryptoCurrency/comments/8ujw7u/ripple_xrp_will_bring_economic_revolution_across
We all have been where you're at, read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late. ONLY INVEST MONEY YOU CAN AFFORD TO LOSE. Invest in your knowledge, learn about Bitcoin as much as you can. The Bitcoin Standard book is a must read. So is Broken Money book. Get them and READ them both, please. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **Price wise, nobody knows what the price will be tomorrow, next week or at the end of the year.** **Try "Bitcoin ONLY" strategy for at least the first 210,000 block cycle**, you'll sleep much better. Newcomers lose so much money, holding garbage tokens just because someone on YT told them to. If you don't like losing money in [failed coins](https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed), avoid. Going DCA is probably the best approach, IMHO. Bitcoin to me, is a savings account. If I have some spare cash, I exchange it for sats. Once a week works best for me, but I'm getting paid weekly. If there's a 10% drop in the price since my last buy, I usually double my buy. This [DCA calculator](https://dca.bitnob.com/) might help to decide what will work best for you. In a few years, even $10 dollars a month can make a massive difference. This [DCA blog](https://er-bybitcoin.com/) is pretty interesting too and compares buying bitcoin VS stocks. Now, don't buy some fake bitcoin at a spot ETF place or similar, **get the real thing** that you can withdraw anytime you want. Register at a proper exchange and buy real Bitcoin. Any of these will do [https://bitcoin-only.com/get-bitcoin](https://bitcoin-only.com/get-bitcoin) Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. A few good wallet choices: [https://blockstream.com/green/](https://blockstream.com/green/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. Lightning wallets to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys Hardware Wallets (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. Use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor) [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, etc. **Stay away**, save yourself a headache in the future. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.
> Centralized? Yes, completely centralized. **Their entire network security is based on a centralized closed permissioned system of TRUSTED HAND PICKED Validators PAID by Ripple thus completely controlled by Ripple. Other validators are IGNORED.** > Issuing validation messages does not automatically give your validator a say in the consensus process, so the system is not vulnerable to a Sybil attack. Other servers ignore your validation messages unless they add your validator to their Unique Node List (UNL). https://xrpl.org/run-rippled-as-a-validator.html These trusted validators are the same for the UNL lists by the 3 publisherss, Ripple, XRPL Foundation and Coil. https://xrpscan.com/validators **XRP Trusted Validators are Academic Institutions and Ghost companies who have been paid $Millions by Ripple. These are entities entities PAID by RIPPLE and NOT independent operators. These paid entities will do whatever Ripple says, that is how they are incentivized.** > The University of North Carolina at Chapel Hill Kenan-Flagler Business School is part of a $50 million initiative by Ripple to support academic research...UNC Kenan-Flagler, MIT, Princeton, the University of Pennsylvania, the business schools at the University of California Berkeley and the University of Texas at Austin, Fundação Getulio Vargas and universities in the Netherlands, Australia, India, Korea, Luxembourg, the U.K. and Canada (UNC and other Paid Universities are Trusted Validators) https://www.kenan-flagler.unc.edu/news/unc-kenan-flagler-selected-to-be-part-of-50-million-blockchain-research-initiative-by-ripple/ > TECH FIRM RIPPLE SUPPORTS BLOCKCHAIN RESEARCH AT KU WITH $2M GIFT (KU is a Trusted Validator) http://news.ku.edu/2019/02/07/tech-firm-ripple-supports-blockchain-research-ku-2m-gift > BitTrue Ripple partner with 82 XRP pairs (Trusted Validator) https://web.archive.org/web/20200526213413/https://www.xrparcade.com/news/xrp-friendly-exchange-bitrue-to-reach-78-xrp-based-pairs-81-total/
> XRP is everything crypto was supposed to NOT be bud, the whole cryptosphere nowadays isnt what crypto was supposed to be.
XRP is everything crypto was supposed to NOT be. It's a centralized coin backed by corporate interests. I don't personally give a shit, but it shouldn't be a mystery to anyone who understands the history of crypto why it's a controversial coin.
It’s all about Bitcoin. Everything else will be irrelevant in 10 years. Sorry to burst your bubble. Got in the space In 2019, was NOT a BTC maxi at all. Now I see it pretty clearly everything but BTC is a shitcoin and will go to 0 over time.
> We have 5 months left of this BTC cycle. Nothing is broken yet. Alts are completely broken. If people STILL don't see this then you are ignoring the data and probably bagholding smoking hopium. Pevious cycles, Alts made their biggest gains 1-Year from the Halvening date NOT at EOY next year after halvening. Total Alt Marketcap always went up like 10X. **This time around these Alts and the Total Alt Marketcap actually has lost value since halvening.** The data doesn't lie. BTC and Stablecoins are really the only 2 assets in crypto that have grown long term and combine for ~$2.31 Trillion in marketcap hiding the fact that the entire Alt Marketcap has actually shrunk in the last 4 years which becomes even worse considering there are tens of thousands of more Alts today sharing the shrinking diluted Alt marketcap. | ETH | Halvening Date | 1-YR Post Halvening | |:-----------|------------:|:------------:| | July 2016-17 | $11 | $199 | May 2020-21 | $210 | $2,800 | April 2024-25 | $3,157 | $1,580 | **LTC** | July 2016-17 | $4 | $40 | May 2020-21 | $40 | $377 | April 2024-25 | $85 | $77 | **DOGE** | July 2016-17 | $0.0002 | $0.001 | May 2020-21 | $0.002 | $0.49 | April 2024-25 | $0.16 | $0.15 | **Alt Marketcap** *(Excluding Stablecoins)* | July 2016-17 | $2.05 Billion | $52.17 Billion | May 2020-21 | $74.81 Billion | $1.34 Trillion | April 2024-25 | $1.09 Trillion | $0.76 Trillion
The only thing you should be comparing yourself to is your former self. What can you do to improve that former version of yourself. The only thing you should strive for is to become a better version of yourself. What do you want to become? What can you do today to get closer to that better version of yourself. DO NOT compare yourself to others. Be happy if you are improving as compares to your baseline of yourself.
DO NOT invest in memecoins, 9/10 they are a ticking time bomb. I also started a month sgo. I'm down 350euros already trust me don't chase shitcoins.
I agree! I’m 61 and I get Bitcoin technology, Tesla, AI and robots etc. when I speak to my coworkers they look at me like I have 10 heads!! That includes ppl in their 20’s all the way to my age. People are NOT paying attn!!
The timing of JPMD’s rollout closely following the Senate’s approval of the GENIUS Act truly marks a major step toward stablecoin/crypto regulation in the U.S. If enacted, the bill would introduce clearer rules for digital dollar tokens, including reserve backing and audit standards. JPMorgan’s move suggests it’s positioning ahead of this shift, signaling that traditional banks are ready to shape the future of tokenized money. Keep in mind JPMD is NOT a stable coin. In any case, the turning point means the end of Theter and Circle as stable coins issuers given the GENIUS act is going to regulate / audit their fiat reserves, unlike JPMD which is backed by deposits and other assets.
2. Definitely NOT a Ledger, that's for sure. Way too risky
Yes its a safe trading platform. Use Kraken Pro for low fees. It is NOT a place to hold coins in tho.
I'm 10k in. I had the chance to buy Chainlink at 50 cents and blew it lol. I bought zero. So this time I'm going all-in. I'm holding it for at least two years. I highly do NOT recommend this to anyone else though because so many coins nosedive to become near worthless. SXT partnered with Microsoft Azure, Google Cloud, and Chainlink (SxT is a Chainlink BUILD program partner) so it looks really good.
> It is called Defi. Just make sure you understand it Sounds like you don't understand things. **DeFi is a bullshit scam narrative from the Summer of 2020. It's NOT neither decentralized and it's NOT fiance. DeFi is ScamFi:** - Essentially a Shitcoin Casino. Leveraged plays, trading shitcoin tokens, earning yield on shitcoin tokens, providing liquidity on shitcoin tokens. NOT FINANCE - Every player like, MakerDAO, AAVE, LINK etc, is COMPLETELY CENTRALIZED - There are **no life financial products like life, home, health insurance, mortgages, home equity loans, car loans, personal loans without massive collateral, commercial loans, etc.** Again, shitcoin trading, yield farming, etc is NOT FINANCE. - Then you slap some scamified metrics like TVL based on scam tokens locked up to make gullible fools believe real capital is locked up instead of vaporware scam tokens.
... everyone who ever bought a ledger 100% NOT TRUE If you bought your ledger from the ledger website, then yes - your personal info got leaked. If you brought it from a third-party vendor, like the ledger store on Amazon, then ledger never had your info to start with. FWIW - I fucking hate ledger cuz the latest Nano S update bricked both my devices.
I'm actually so proud of this community for the skepticism, I love to see it. But I've been following this project for a couple years so I can answer some questions about what it is and isn't. It's non-custodial and not lending. The protocol rents the economic security from "staked" btc to POS chains. A bit of the yield comes from this revenue, the rest from BABY inflation. Your btc stays on the btc network, and the "staking" is done by signing a time-lock transaction on BTC for the lockup period, delegated to a finality provider (similar to a validator on POS) who verifies TXs between btc and POS networks. I do NOT recommend anyone jump in without knowing more. Wait a year, let others try it, let Kraken and coinbase audit and test it, and see how it goes. I got wrecked by Celsius so I'm skeptical too, but the team is well respected and known in the Cosmos community so I'm hoping the project actually amounts to something.
Zzzzz change the record, everything chainlink have done to date has been with legacy MT swift messages, NOT iso20022 ... but I know you don't understand what that is so it's ok
If it was always like this on expiry days, people would trade it and make ton of money effectively arbitraging away the pattern... so the market is NOT always like this on expiry days.
They already have enough personal information with smart phones. They DO NOT need biometric data.
We all have been where you're at, read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late. ONLY INVEST MONEY YOU CAN AFFORD TO LOSE. Invest in your knowledge, learn about Bitcoin as much as you can. The Bitcoin Standard book is a must read. So is Broken Money book. Get them and READ them both, please. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **Price wise, nobody knows what the price will be tomorrow, next week or at the end of the year.** **Try "Bitcoin ONLY" strategy for at least the first 210,000 block cycle**, you'll sleep much better. Newcomers lose so much money, holding garbage tokens just because someone on YT told them to. If you don't like losing money in [failed coins](https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed), avoid. Going DCA is probably the best approach, IMHO. Bitcoin to me, is a savings account. If I have some spare cash, I exchange it for sats. Once a week works best for me, but I'm getting paid weekly. If there's a 10% drop in the price since my last buy, I usually double my buy. This [DCA calculator](https://dca.bitnob.com/) might help to decide what will work best for you. In a few years, even $10 dollars a month can make a massive difference. This [DCA blog](https://er-bybitcoin.com/) is pretty interesting too and compares buying bitcoin VS stocks. Now, don't buy some fake bitcoin at a spot ETF place or similar, **get the real thing** that you can withdraw anytime you want. Register at a proper exchange and buy real Bitcoin. Any of these will do [https://bitcoin-only.com/get-bitcoin](https://bitcoin-only.com/get-bitcoin) Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. A few good wallet choices: [https://blockstream.com/green/](https://blockstream.com/green/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. Lightning wallets to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys Hardware Wallets (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. Use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor) [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, etc. **Stay away**, save yourself a headache in the future. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.
i was once living off of student loans and the MGI bill while going to college. I reported 0 for my income that year and within a week my bank account was locked by the IRS. I had no idea they could command banks to do that. I then went to the local IRS HQ and got arrested and interrogated for reporting a 0. "we know you sell drugs" they searched my house and vehicle and found nothing. Next they said "you're selling your body" i was an overweight dude, and i laughed at those idiots. after a week, they finally let me get in contact with a public attorney who made them look stupid. they were accusing me of random shit for reporting a 0 on my tax returns, even after i showed them my MGIbill payments and student loans. Only with an attorney did they finally believe me, begrudgingly. But it didn't end there, they still argued that I need to pay taxes on my student loans, and my MGIbill payments (which are non-taxable btw). once again my attorney was befuddled at how STUPID the people who work at the IRS is. how did they NOT KNOW TAX LAWS when they work as the IRS? that stupid ordeal cost me a week and a half of my life living in some holding cell. I couldn't sue them because of qualified immunity. never report a 0 even if it's true.
EXACTLY...under $80k it's a good deal. Also, ideally you need your spouse behind you...I did this a couple of years ago with major money (though not 100,000 euro) and my wife was NOT happy when she found out...and is still nervous even now.
don't stop. you're doing a good thing. do NOT ever stop that process.
Inflating the dollar is literally how capitalism works. If you have no inflation there is no reason to invest. Couldn't agree more capitalism is broken if it's regulated poorly (it is), bitcoin does NOT change that
So many well educated people on here talking about GDP, deficit regulations, and how much money this and that. But I didn't see anyone say anything about the fact that it isn't money it's currency. If it was money, we wouldn't need the word currency. The fact that the word currency exists and we use it is definitely proof that our currency is in deed, NOT MONEY. There is no money. There hasn't been any money for at least 50 if not going on 100 years! Yet everything keeps going, and not much really seems to change. So now that you're all huffy and puffy about me suggesting that money doesn't exist ......think about this. If we haven't needed to use Money for at least 50 years and currency is created out of nothing, backed by nothing, and ultimately worthless. Then obviously we dont need money. And if they can give everyone $1,400 for passing go, then they can give everyone 1.4mil, and we can all be millionaires! You say, But you can't just do that! They did, and they could because it isn't money they are creating its currency. Until we address the fundamental differences between money and currency. And stop trying to act like the laws of economics don't change when you take money out of the equation and replace it with currency.....we'll just keep getting screwed. And being told there is no money for this or that but there is plenty of currency for me and friends and my nephew who wants to make a public service announcement that in essence is nothing but a commercial for a multi million dollar government funded non-profit company. The game is rigged. And nobody seems to notice and nobody seems to care. One last thing for all of you economic scholars out there to think about.....what would happen if we gave all the green fed notes back to the fed and started using pink and yellow monopoly money instead......or blue money produced by the US treasury? Well, first of all, it wouldn't be MONEY! Please try to pay attention and stop acting like money and currency are the same thing! The point is what you were using currency you didn't have to pay interest on? How would that affect the national debt? Ok, now go ahead and go back to talking about how to manage debt. And how to pay a debt back with something that doesn't exist! Or I got a solution......just print up a 10 trillion dollar plastic coin on a 3d printer, JUST MAKE SURE ITS SHINEY!! And give it to China, and tell them now our debt is paid off, taa dah!!! National debt is gone and all our "MONEY" problems are solved! So, what problem is next hunger, homelessness?? Cause when there is no money there is no problem that can't be solved due to the fact that there isn't enough money.
Many wallet softwares offer the option (that everyone should use!) to protect the wallet file with a password/passphrase. This encrypts the local wallet file and has nothing to do with the network or blockchain. This passphrase can be changed any time and does not affect anything else other than the local encryption of the wallet. If you have the **seed words** for that wallet, you do NOT need the passphrase to recover (re-generate) the wallet and access all coins in all addresses connected to the original wallet. If the 'passphrase' you're talking about is separate from a passphrase used to encrypt the local wallet file, and is instead one used, along with the seed words, to generate the private keys for the wallet - a 'custom final seed word' - then yes, that would be needed in addition to the standard seed words, in order to recover or recreate that wallet. This 'passphrase' would not be changeable, as doing so would generate completely different addresses. 'Passphrase' is a standard term which is used in other security contexts outside of cryptocurrency, to simply mean a password that isn't dismally short like most passwords of the past. In fact, best-practice docs say to use the term passphrase instead of password, to encourage length - as it's one of the easiest and least-disruptive ways to add entropy to credentials. Every password for a major credential hub or financial service (your email, your bank, etc) should be a pass**phrase** these days 🤓
Here is what I would do but it is NOT financial advice for you. 1. Open an IBKR account and deposit the $200k and buy $200k of bitcoin ETFs 2. Open an IBKR SBLOC for 50% of your portfolio at 5 or 6% which will allow you to draw $100k as a line of credit to fund your life expenses. Note if bitcoin goes down a lot you may have to reduce the LOC so dont use it all at once but use it as a buffer while sorting out a job. Why this - first of all its easier to borrow against a BTC etf than it is BTC at a higher LTV. You dont have to worry about dodgy crypto brokerages or offline wallets and getting hacked. Just make IKBR will lend against the ETF you buy. Why IBKR - they allow SBLOC at lower interest rates and let you borrow against specific bitcoin ETF holdings Result - bitcoin goes up and down but over a 2 year period, its pretty much always gone up more than the 5 or 6% the SBLOC will cost you. Sometimes tho its agonizingly slow (like now - up to 108, down to 104 or 102 or 100, back up to 105... bloody break out already will ya to 125. It might happen in days or weeks or months but in my opinion it will happen just because more corporate and institutions are buying it as a hedge and the supply is getting more and more constrained
Buy BTC and HODL!!….. NOT Meme coins
I forgot to mention that they do NOT have tech support. It is all managed by AI and they will never answer your questions or respond to your concerns.
Im realizing people are likely to gloss over this and just see Social Credit Scores without understanding the idea being presented. Centralization is inevitable. However, Bitcoin is too. Im tired of seeing all the KYC and lack of Self Custody solutions. We need more user friendly means to host nodes, and provide self custody without giving up power of the digital age to the Large corporations. This is an attempt to keep the Ethos of Bitcoin and allow it to become the standard for everyone and not just Bitcoiners. We need to work on Orange Pilling the world but make it easier as time goes on. Letting wallstreet and the Michael Saylors of the world build bridges only to KYC is NOT what BITCOIN is about. It was meant to be a peer to peer system that is permission-less and with the lowest barrier of entry. Wake up people...The Fight Continues!
There is nothing inherently wrong with a trusted third party. BTC allows you to be the bearer of the assest. However, YOU ARE NOT FORCED TO. I wish the BTC community would allow for a nuanced discussion on why these can be beneficial instead of just demonizing them.
it's likely bs to scare the sheep into 2FA for coming Digital ID, UK Gov already herding people into 'One Login' account. NOT repeat NOT a legal requirement to own or use a mobile phone. People are being coerced and triggered with the fear button. If 16 billion accounts are really not safe then shareholders are going to dump.
Strike or River are quite easy to use, not sure if they're in the country you're living in. We all have been where you're at, read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late. ONLY INVEST MONEY YOU CAN AFFORD TO LOSE. Invest in your knowledge, learn about Bitcoin as much as you can. The Bitcoin Standard book is a must read. So is Broken Money book. Get them and READ them both, please. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **Price wise, nobody knows what the price will be tomorrow, next week or at the end of the year.** **Try "Bitcoin ONLY" strategy for at least the first 210,000 block cycle**, you'll sleep much better. Newcomers lose so much money, holding garbage tokens just because someone on YT told them to. If you don't like losing money in [failed coins](https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed), avoid. Going DCA is probably the best approach, IMHO. Bitcoin to me, is a savings account. If I have some spare cash, I exchange it for sats. Once a week works best for me, but I'm getting paid weekly. If there's a 10% drop in the price since my last buy, I usually double my buy. This [DCA calculator](https://dca.bitnob.com/) might help to decide what will work best for you. In a few years, even $10 dollars a month can make a massive difference. This [DCA blog](https://er-bybitcoin.com/) is pretty interesting too and compares buying bitcoin VS stocks. Now, don't buy some fake bitcoin at a spot ETF place or similar, **get the real thing** that you can withdraw anytime you want. Register at a proper exchange and buy real Bitcoin. Any of these will do [https://bitcoin-only.com/get-bitcoin](https://bitcoin-only.com/get-bitcoin) Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. A few good wallet choices: [https://blockstream.com/green/](https://blockstream.com/green/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. Lightning wallets to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys Hardware Wallets (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. Use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor) [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, etc. **Stay away**, save yourself a headache in the future. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.
I've been saying this in my head for a while now, glad to see others echoing the same sentiment. It reminds me NOT to tell others what I have, lol.
Umm, are you talking about a custom extra seed word, like the 13th/25th word on Electrum wallets or trezors etc? Because if not, if you're just talking about the passphrase you type in every time you open your wallet, that is NOT needed if you (or someone else) has your seed phrase.
If you want to invest your money, then I would diversify if I were you. Yes, crypto is not a bad investment, but it's risky to put all your eggs in one basket. Maby, take half of your 200K and investment in crypto, index funds, bonds forex, or something else. Defenetly DO NOT invest everything you have all at once.
This is a terrible idea, have the false illusion of having that for years and all it takes is one minor fuckup and it’s scrambled. DO NOT do this.
If you do it as follows, then it's pretty fucking safe: 1. Factory-reset an extra smartphone i had. No SIM card at all. 2. Connected it to my own password-secured Wi-Fi. 3. Installed Bluewallet, then created wallet (wrote down the seed phrase). 4. Imported said wallet to create a passphrase (wrote down the passphrase), thus a different wallet. It's a really nice, additional layer of protection. 5. Exported the master public key of this wallet (12 word seed-phrase + passphrase) and wrote down some stuff regarding it (like the derivation path). 6. Uninstalled Bluewallet, factory-reset the extra smartphone then disconnected it from my Wi-Fi. Turned the phone completely off. 7. Imported said wallet (12 word seed-phrase + passphrase) in Bluewallet as "Watch-only" on my personal phone. It exists only to receive BTC. Key points: - Android/iOS is significantly more secure than anything on a desktop or laptop. Never EVER put your seed phrase on those systems. - A passphrase is absolutely mandatory. Lowers security risk. - Exposure on the internet should be as low as possible; 10 - 15 min. Further lowers risk. - HODL long-term. Avoid using your seed phrase & passphrase as much as possible, and DO NOT use it on your personal phone. The key to self-ownership is to be as careful as possible. I believe that this setup is very secure. And the only way I'd store Bitcoin long term. Your choice of Bluewallet as your software wallet is good; It's the best software wallet for Bitcoin there is on the phone. 👌
Take my advice DO NOT TRUST BLOCKCHAIN.COM!
Without extra precautions this is such a horrible idea. Do NOT do this without 1. securing the nut with loctite or some other glue 2. making sure the correct position of the washer is also stamped on it
It’s is NOT trustless. Literally from the website: Potential Drawbacks of Firefish Protocol As with any other crypto lending system, some level of trust is required in the Oracles providing correct data within the Firefish. However, we believe that this need for trust can be minimized at the implementation level (for example, decentralizing the price oracle, using DLCs, anonymization techniques used by the payment oracle). The contract cannot be canceled even if the Lender and Borrower agree without the cooperation of the Oracle entities. The complexity of the proposed solution and the fact that the security and business advantages may not be immediately apparent. The Lender must have some level of trust in the Liquidator (i.e. that they will return the funds after liquidating the bitcoin). This can be minimized, for example, by the Liquidator providing some form of security.
Hello saar can redeem bitcoin? Plz SIR DO NOT REDEEM SIR!!!
Invest $1 or minimal purchase with the fees. Then try to pull it out. If the contract doesn’t have a near 1:1 ratio with the network fees and contract price, then it’s 100% a scam. Many Trump coin projects have a tug bot pulling the contracts which make it near impossible to sell the contract at the asking price. Generally it sells if you are lucky or the network contract hand shake is broken (scammy) and you can sell it for dust ($0.00 equivalent crypto trade). Watch out for coin market cap websites that can the rank and leaderboard of layer 2 and layer 3 coins. Many times the index reading of projects are NOT legit and are heavily faked from network node manipulation. You’ll buy it easily and it could show you have $5k of a coin, but try converting it or sending it through conversion protocol, and it’s blocked by the algorithm. Scammed. Layer 1 coin are not all safe, either. Coinbase vets coins, but they promise absolutely nothing.
FAKE ACCOUNT! BOT. Do NOT engage helping.
figure out a set amount that you can safely invest on a regular basis either monthly or weekly without impacting the lifestyle you want to preserve much. most important thing is to just get started, you can slowly increase it as you feel comfortable doing so but DO NOT chase the market and overinvest when it is running hot. it is important to maintain a safe and stable investment habit regardless of what the market is doing. only invest money you wont need to use for the next 5-10 years stick to BTC and maybe little to ETH. dont waste your time trying to chase crypto hypes, your time will be better spent investing in yourself as others have pointed out.
It’s simple: no-one believes anyones opinion is worth 3.5k and for you to have any faith in it has us face palming thinking you’re just plugging it. To be clear you are on a social media platform which is free and anyone can express their crypto opinions. Those of us who live here know all too well everyone has their own noisy preferences and biases and there is no simple solution. To suggest gifting 3.5k to some gob shyte is going to get you anything beyond the noise you can get here for free is er optimistic at best (i resisted hard calling it dumb). Stick 3.5k in whatever main crypto coin and DO NOT GIVE IT TO A GOBSHYTE. That’s as simple as it gets
I also always wondered the meaning of this phrase. This made sense 👇🏻 Search instead for whqt is the meaning of 1 btc equals 1 btc Search Results Featured snippet from the web The importance of this can hardly be overstated. tl;dr: The "1 btc = 1 btc" does NOT mean how much a btc is valued in fiat, nor does it indicate how much a bitcoin can buy, nor is it a tongue-in-cheek tautology. It's a phrase indicating the fixed, mathematical, physically-tethered nature of bitcoin.Jul 17, 2022
*chanting* Not your keys, not your wallet Not your keys, not your wallet NOT YOUR KEYS, NOT YOUR WALLET
OP - sorry but the battle has already been lost. The big boys already control most of it, and on their way to get more. Yes, its smart to NOT get derivatives but get the real stuff.
No no no, hold up. Your seed phrases IS your wallet. Don't listen to anyone saying they are useless or safe to share "without the wallet". You can **create a wallet** using these seed phrases and it would be the exact wallet you had previously, including the ability to transfer funds. Whatever you do. DO NOT SHARE the seed phrases. And DO NOT TAKE HELP from anyone sharing this information. Your funds will be drained.
BR is NOT a crypto custodian. They use Coinbase Prime to custody IBIT funds. That's even in the application for the spot ETF with the SEC. Afaik none of the crypto ETFs are custodied by their respective asset manager. If you argue that BR's customers are the holders of BTC & not BR itself, why wouldn't MSTR share holders be the owner of MSTR's BTC. Same logic.
I would totally work for BTC. If the USA ever lost its #1 ranking in reserve against the world currency . BTC would still remain solid. What is garbage though is that mineral rights do not pay tax. (Gold) BTC IS NOT AN INVESTMENT and does create wealth . It just gains value. Like should I be taxed on baseball cards, vinyl records, an old guitar that is worth more now? This is what holds back the true transition. It is criminal to tax the sale of BTC. You take risk but can not write off lost value when it drops .
Underrated comment.... Because this is absolutely true. I would have sold a number of times on \~10% dips had it been easily accessible to me. After it crashes and obviously bottoms out, you're forced to HODL and then reap the benefits with a bit more patience. Realizing that taxes on capital gains are simply not worth it + the time watching charts and then buying/selling/buying/selling/buying are 98% of the time NOT going to leave you with anything extra in the end and just be a waste of time. If I had ONLY bought and NEVER sold, I'd have like 30% more Corn. :-(
We all have been where you're at, read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late. ONLY INVEST MONEY YOU CAN AFFORD TO LOSE. Invest in your knowledge, learn about Bitcoin as much as you can. The Bitcoin Standard book is a must read. So is Broken Money book. Get them and READ them both, please. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **Price wise, nobody knows what the price will be tomorrow, next week or at the end of the year.** **Try "Bitcoin ONLY" strategy for at least the first 210,000 block cycle**, you'll sleep much better. Newcomers lose so much money, holding garbage tokens just because someone on YT told them to. If you don't like losing money in [failed coins](https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed), avoid. Going DCA is probably the best approach, IMHO. Bitcoin to me, is a savings account. If I have some spare cash, I exchange it for sats. Once a week works best for me, but I'm getting paid weekly. If there's a 10% drop in the price since my last buy, I usually double my buy. This [DCA calculator](https://dca.bitnob.com/) might help to decide what will work best for you. In a few years, even $10 dollars a month can make a massive difference. This [DCA blog](https://er-bybitcoin.com/) is pretty interesting too and compares buying bitcoin VS stocks. Now, don't buy some fake bitcoin at a spot ETF place or similar, **get the real thing** that you can withdraw anytime you want. Register at a proper exchange and buy real Bitcoin. Any of these will do [https://bitcoin-only.com/get-bitcoin](https://bitcoin-only.com/get-bitcoin) Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. A few good wallet choices: [https://blockstream.com/green/](https://blockstream.com/green/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. Lightning wallets to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys Hardware Wallets (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. Use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor) [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, etc. **Stay away**, save yourself a headache in the future. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.
Let help you understand investing, before explaining “buy the dip” 1. You only buy securities you believe in. The only possible way you could believe in it to buy it, is by a lot of research into it. If you bought a security (stock, index fund, crypto) and if dips after you bought, and you’re sad and confused by that, you do not understand what you invested in. You need to do more research. 2. There is NO GET RICH QUICK. It is only get rich SLOWLY. And OVER TIME. This is where TIME INNNN THE MARKET, beats TIMING the market. What this all means is, you buy assets to HOLD, long term. As in, over 1 year + - DO NOT BUY ASSETS YOU DO NOT PLAN TO HOLD FOR VERY LONG PERIODS OF TIME. Day traders are nothing but gamblers. INVESTORS hold for long periods and see profits. Every stock I was watching as an amateur investor in 2018 is all up a minimum of 300% …. minimum. Some are over 1000% That’s STOCKS. Hadn’t even gotten into crypto yet. So what does this have to do with buying the dip? If you’ve done your research, and you plan to hold for long periods of time, buying thd dip is nothing but seeing your assets on sale to add to your positions. If I bought a stock at $20/shares, and it later dips even more to $15/share, I’m excited for that dip and either buy more, or HOLDING. That’s it. This is a good thing because this LOWERS your cost per share. So when it goes UP, you are making that much more in GAINS. So for beginner investors who have been buying the dips the last couple of months with trump and his tariffs, we didn’t see a return right away, like within a week… but we have now seen crazy returns now that it’s months later. TIME IN THE MARKET. Cliff note. Since you’re in crypto now, you need to prepare for BIG swings. And always remember the golden rule of crypto, if your profit is big enough to take a picture and brag, it’s time to SELL.
Only gold hedge against market collapse, Bitcoin would be the biggest loser in a market collapse event. Bitcoin is NOT digital gold .
In general, most here do NOT want deregulation or even think about it much. Instead they talk about decentralization as if it were an end goal. **In general, people also do NOT actually care about REAL decentralization.** The term "decentralization" has been OVERUSED so often in the crypto community by many who don't even understand **WHY** they want it. It's lost meaning. What people really want are several aspects pertaining to security: * **Safety**: no bad transactions, no dangerous reorgs * **Anti-censorship**: transactions always go through in a timely (i.e. predictable) matter * **Anti-confiscation**: no one can spend your assets without permission * **Anti-corruption**: The governance or code of the system cannot be taken over by bad actors There are several issues with simplifying this down to "decentralization": * It's possible to acquire those properties with very limited decentralization. * Decentralization by itself doesn't guarantee those properties. (Even with high decentralization, PoW blockchains can fail Safety and Anti-censorship due to selfish mining attacks and spam if the underlying protocol is vulnerable.) * The only part that truly requires decentralization is Anti-Corruption. The development needs to be decentralized (or immutable), and the only project that satisfies that property is Ethereum with its 10+ independent core dev client teams.
Why tough, just get paid in Usd and buy as much btc as u want after expenses Kinda shows how btc is NOT a good money, usd is. But a good store of value / gold 2.0
ChatGPT is NOT a predictive financial model. What you're presenting their is literally a median response of data scraped from reddit, X, forums, news articles, and other social networks. It's a sad state of collective intelligence when people start to use AI as soothsaying oracles.
What you descibe is a hardfork, which is by definition NOT bitcoin anymore. And we don‘t care about this new coin of which there are thousands already.
hardware wallet. and from the official trezor site NOT from amazon , NOT from somehere else and even LESS from some china sites on discourd ... see that guy who lost 6.9 million cause he was a cheap fuck on a securiy item for millions lmoa
Meh... That 401k is toast. I'm not contributing anything else to it. If there's anything in there at retirement age, or after I've died... then it'll just be a bonus. Not worth it. Had I known that paying taxes + penalty on it would NOT automatically cancel the loan, then I likely would have found a way to repay it... but it's a matter of principle that I not pay it off what already paying ~34% of the loan to the government.
That is so low and considering the big companies countries and governments are buying the previous 16 years of supply we are reducing the amount of bitcoin produced while drastically increasing demand. I think you may have found a coincidence but what about the previous cycles before Bitcoin became popular? It went from 6 cents to 12$ then 5$ - 120$ does that fit into your theory? MICHAEL SAYLOR SAYS IT BEST *( BITCOIN IS WORTH 60% OF EVERYTHING)AND MY THEORY IS WE HAVE NOT EVEN STARTED PRICE DISCOVERY & ONCE THE PAST SUPPLY IS BOUGHT THE WAY BITCOIN IS SOLD AND BOUGHT WILL BE SIMILAR TO THE WAY ART IS BOUGHT. BROKERED DEALS & SECURITY WILL BE NEEDED WITH SO MUCH CRIme POPPING UP. l
Whatever it is, DO NOT USE Bitstamp. They randomly freeze accounts under the guise of KYC for many months. So many people have reported this issue with them. Stay far away from them!!
I wonder if there will ever be another even halfway equivalent crypto to come out. Lightchain AI seems scammy, but I got like $50 just to learn what a rug pull is like... But I feel like if it hit a buck I would sell half and if even half what they are saying is true it could easily hit $10,$100 but would I regret making an educated guess on selling? Every day people are crying about hindsight being 20/20, just think about the people who truly lost things like deciding to drive drunk and killing their best friend. Or even worse, last summer a local guy was towing his daughter in a raft behind the boat and got the line caught in the prop and she was beheaded in front of him. Sure, money matters, but thank God for the worse mistakes we all have NOT made. Any one of you talking about Silk Road could be sitting in a cell right now wondering what the price of Bitcoin even is. Every day we're standing In a time capsule Racing down a river from the past Every day we're standing In a wind tunnel Facing down the future coming fast...
No, that's not it. I have econ degree. This has nothing to do with any ideology, this is just the reality. When "store of wealth" is too concentrated, bad economic things happen. For example, you can see this play out in the neo-feudal housing market via rent-seeking exclusionary zoning. The US Fed runs on 2% inflation target because that is supposed to be the optimal rate. If gold "tracks inflation" (which it does NOT do in the short term), then what you're saying is that gold is a bond with a rate of return of whatever the inflation rate it whether 5% or -5% or 500% or whatever; there is nothing more to that. Your conception of what gold is relies on an artificial link to inflation than is even less explicable than normal Fed operations. You can see this play out with MicroStrategy essentially trying to short the dollar by using dollars to buy bitcoin. It is all absurd bullshit.
Delete, change password. DO NOT ENGAGE
And youre still early. Companies have barely scratched the surface of adding to their treasury. Governments are in the same boat (govt means country, state, county, city.... not just "country"). Your average person does not yet own BTC. There were posts just like this about 25k, when we were at 50k. Some of those ppl bought at 50k, you think theyre regretting it? Some of those ppl DID NOT buy at 50k, think they're regretting? Its soooo far from "too late". Closer to "too early" than "too late" honestly.
From Chat gpt: 🚨 SCAM WARNING: “WAXP Transaction Rewards” – Don’t Fall for It! I’ve seen multiple posts claiming you can earn 15%+ daily by sending WAXP to an address like fund.waxio with your memo, as part of a “developer network test.” This is 100% a SCAM. Here's why: ❌ Too good to be true: No legit project gives you daily returns just for sending coins back and forth. ❌ Common crypto scam format: You send tokens and get a small reward at first to build trust — then lose everything. ❌ No official source: fund.waxio is NOT a verified or official WAX address. ❌ Fake credibility: Mentions of Binance, KuCoin etc. are just there to make it sound legit — they have nothing to do with it. Even if it “works” once, you will get rugged eventually. 👉 If you've seen this — DO NOT send any funds 👉 Warn others before they fall for it 👉 Report the address in any scam database you know Stay safe out there. Crypto = Freedom. But also = Responsibility. 🛡️ Wenn du willst, kann ich auch gleich eine Version für einen Kommentar oder Tweet basteln.
Best practice would be to NOT pay personal invoices via an exchange. You should be using your own hot wallet for invoicing purposes. You’re also going to overpay with fees if you’re continually sending from an exchange as many of them have flat withdrawal fees.
Wrong buddy. Biden admin plans did NOT include a military parade.
You should first ask your interlocutor to explain \*to you\* what a Ponzi Scheme is. Because Ponzi Scheme is one of those words, like "money laundering", that people use without having any idea of what they mean, it's more than likely that your guy will start stuttering and mumbling. In the improbable case that you encounter someone who actually knows what he is talking about, you can simply explain that a Ponzi scheme is \*\*\*fraudulently\*\*\* taking money away from \*new\* investors to give it to \*old\* investors. Basically, Ponzi promises to you a return which he will pay with the money of new investors. The new investors \* do not know\* that their money isnot invested, is simply stolen to pay an older investor. There is a fraud involved. A Ponzi scheme is a fraud. Your stuff is stolen and given away and you don't know it. Bitcoin is NOT a Ponzi Scheme. The Fiat System is NOT a Ponzi Scheme. Banks are NOT a Ponzi Scheme. If, then, you should have in front of you a guy who says, laughing like stupid people often do, "well, then bitcoin \*is\* a Ponzi Scheme hahaha", you should ask him to explain to you how exactly older investors had Bitcoin stolen from them to pay the newer investors. Then you wait patiently for the answer until the smile goes away.
IT WAS NOT CONSIDERED NORMAL IN THE 1990s! It was a big joke that Homer is NOT deserve his job The season 8 episode “Homer’s Enemy” discusses how Homer doesn’t deserve his job and lifestyle
a_Ok u/upside-down-elevator I did some research so this e-Rupi voucher (even though can work without internet connection and has lot of acceptance points) is NOT in any way touching upon crypto! b_Which makes u/420osrs argument valid that since this new voucher system is no way related to crypto it make zero sense to be put on a crypto related discussion And regarding you point about Indian being a leader in digital payments - that’s true but point b still holds Care to elaborate your rational behind your attempt to tie these two technologies together?
> XRP is 100% premined, with the entire supply of 100 billion XRP created at the inception of the XRP Ledger in 2012. It was created by Ripple Labs (originally OpenCoin) Ahem, XRP was created before Opencoin here is the source code https://github.com/XRPLF/rippled/commit/f0e3383856a8923e55b0f10e7822de9031b7159e it was called XNS. its a public codebase, anyone can look that up and see that what you just said is incorrect. >founded by Chris Larsen, Jed McCaleb, and Arthur Britto and David Schwartz* >The majority of the XRP was allocated to Ripple Labs, with portions reserved for distribution, partnerships, and ecosystem development. https://github.com/XRPLF/rippled/blob/ffd453f7dd091b0499fd6ab964880c8268deead4/src/ripple/app/misc/NetworkOPs.cpp#L852-L854 here is the link to the genesis master key to the genesis wallet. The key was not only a well known master key but it was in the public code base. Anyone could of taken any amount that they liked and many people did. Once again you are incorrect in your understanding. You should maybe look at the public codebase for the first time in your life before posting lies on the internet. >A significant amount is held in escrow, with a predetermined release schedule to manage supply. and has been since Dec 2017. Again what does this have to do with centralization other than nothing? >XRP is neither proof of work nor proof of stake. It uses a unique consensus mechanism called the XRP Ledger Consensus Protocol. it uses RCPA (Ripple consensus protocol algorithm) >This protocol relies on a network of trusted validators (chosen by ripple) The Validators are NOT chosen by Ripple. Anyone can run a node just like anyone can mine or run a node for BTC. The public code base is right here https://github.com/XRPLF/rippled Every single node gets to choose which of the 3 main node types it wants to be and every node can create its own UNL. what do you think the Unique in Unique node list means? Again Stop posting lies and Ill stop pointing it out. >The XRP Ledger’s code is primarily developed and maintained by Ripple Labs, the company behind the creation of XRP and the XRP Ledger. Again they didnt create XRP, XRP existed before them, it was called XNS. >In summary, Ripple Labs is the primary entity determining the XRP Ledger’s code, also premined 100% of the xrp tokens. So in summary, you Cant explain how its "centralized" you clearly dont understand how the chain started nor how the tokens were created (even tho its been in the public code base since 2012) You dont understand how the UNL nor consensus function and you think Token ownership is relivant in a Non proof of stake consensus. Is there anything else incorrect you'd like to post today? Next time you wanna use AI to answer your question. make sure you actually fact check and look at the sources/code base instead of just showing off how little you understand. https://imgur.com/a/PJOladG Ive highlighted in RED the key part that you didnt choose to read when copy pasting your nonsensical reply. There is a Golden rule in crypto of "dont trust, Verify" You just got a reminder that doing the Verifying part is the most important part of the Rule.
IT’S A F*CKING TV SHOW!! It did NOT have to resemble life - It’s FICTION! Like how Friends was fiction?!? You know: people with shit jobs who can afford large multi-bedroom apartments? Be real people.
Think about how many people still don’t realize they should invest in bitcoin. You’re NOT too late
The vast vast vast majority of police/fire/medical are NOT making six figures. The extremely limited case the prior comment or referenced was 20+ year vets in leadership with side hussles or working double time in severely short-staffed depts..... Not a basic salary. Nowhere close.
Yep, gleaming rows of precision it was NOT. Looked more like a column marching toward the front. About as enthusiastic.
>Where do I buy? Strike. >Where do I store it? Ideally in a hardware wallet that is open source, Bitcoin only and air gapped. >What is the most tax efficient way of doing so. HODL We all have been where you're at, read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late. ONLY INVEST MONEY YOU CAN AFFORD TO LOSE. Invest in your knowledge, learn about Bitcoin as much as you can. The Bitcoin Standard book is a must read. So is Broken Money book. Get them and READ them both, please. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **Price wise, nobody knows what the price will be tomorrow, next week or at the end of the year.** **Try "Bitcoin ONLY" strategy for at least the first 210,000 block cycle**, you'll sleep much better. Newcomers lose so much money, holding garbage tokens just because someone on YT told them to. If you don't like losing money in [failed coins](https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed), avoid. Going DCA is probably the best approach, IMHO. Bitcoin to me, is a savings account. If I have some spare cash, I exchange it for sats. Once a week works best for me, but I'm getting paid weekly. If there's a 10% drop in the price since my last buy, I usually double my buy. This [DCA calculator](https://dca.bitnob.com/) might help to decide what will work best for you. In a few years, even $10 dollars a month can make a massive difference. This [DCA blog](https://er-bybitcoin.com/) is pretty interesting too and compares buying bitcoin VS stocks. Now, don't buy some fake bitcoin at a spot ETF place or similar, **get the real thing** that you can withdraw anytime you want. Register at a proper exchange and buy real Bitcoin. Any of these will do [https://bitcoin-only.com/get-bitcoin](https://bitcoin-only.com/get-bitcoin) Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. A few good wallet choices: [https://blockstream.com/green/](https://blockstream.com/green/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. Lightning wallets to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys Hardware Wallets (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. Use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor) [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, etc. **Stay away**, save yourself a headache in the future. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.
>If anyone can point me to some solid tutorials, walkthroughs, or just share your own tips and experiences, I’d really appreciate it. We all have been where you're at, read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late. ONLY INVEST MONEY YOU CAN AFFORD TO LOSE. Invest in your knowledge, learn about Bitcoin as much as you can. The Bitcoin Standard book is a must read. So is Broken Money book. Get them and READ them both, please. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **Price wise, nobody knows what the price will be tomorrow, next week or at the end of the year.** **Try "Bitcoin ONLY" strategy for at least the first 210,000 block cycle**, you'll sleep much better. Newcomers lose so much money, holding garbage tokens just because someone on YT told them to. If you don't like losing money in [failed coins](https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed), avoid. Going DCA is probably the best approach, IMHO. Bitcoin to me, is a savings account. If I have some spare cash, I exchange it for sats. Once a week works best for me, but I'm getting paid weekly. If there's a 10% drop in the price since my last buy, I usually double my buy. This [DCA calculator](https://dca.bitnob.com/) might help to decide what will work best for you. In a few years, even $10 dollars a month can make a massive difference. This [DCA blog](https://er-bybitcoin.com/) is pretty interesting too and compares buying bitcoin VS stocks. Now, don't buy some fake bitcoin at a spot ETF place or similar, **get the real thing** that you can withdraw anytime you want. Register at a proper exchange and buy real Bitcoin. Any of these will do [https://bitcoin-only.com/get-bitcoin](https://bitcoin-only.com/get-bitcoin) Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. A few good wallet choices: [https://blockstream.com/green/](https://blockstream.com/green/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. Lightning wallets to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys Hardware Wallets (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. Use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor) [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, etc. **Stay away**, save yourself a headache in the future. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.
Keep lying to yourself, desperate fudder. Litecoin, despite having a 300x smaller market cap than Bitcoin, is as used as Bitcoin and the on-chain transactions rule that. *Stats by* [*BitInfoCharts*](https://bitinfocharts.com/)*.* https://i.redd.it/auyrrjtxc37f1.gif Now, even if you would come up with the argument that "on-chain stats can be spoofed", you CAN NOT spoof real life transactions on the top 3 crypto payments providers in the world: Bitpay, NOWPayments and CoinGate: \#1 on [Bitpay](https://imgur.com/FvZOrW0) for 24 consecutive months. \#2 on [NOWPayments](https://imgur.com/SeFWNDY) (#1 if stables don't count as actual crypto currencies). Has been #3 on [CoinGate](https://imgur.com/abaL6cr) for a year now (#2 if we exclude stablecoins). Top payments choice for Polish [Bitrefill](https://imgur.com/yopNUqB) users.
I would say keep the coin, wait on the bike. When you can use that to put a down payment on your house your future self.will thank you. To be perfectly clear, I am NOT advocating never spending your BTC but it would have to be for something that fulfills very specific purpose. It should be something that betters your life in a meaningful way, either financially or otherwise, not on a whim, and it should be something you will not be experiencing regret for later. With not buying a dirt bike, long after your riding days are done, your BTC will still be there to help you, vs a bike that you may be too old and beat up to ride. I had a nice street legal Honda XR400 back in the day that was very fun to ride in my 20s, but as I grew older and my career took off it became more of a burden as I didn't get as many chances to ride and moving with it, storing it, and maintaining it became much more difficult over time. If I could have gotten a quarter coin for it, or even a tenth of a coin, I would have taken it in a heartbeat at the end.
Nothing it’s free and definitely there are NOT FREE MONEY!