Reddit Posts
Mentions
Was it NSA or good samaritan? Or combination of both? Dont know. It does NOT really matter. Its here. What matters is that also thanks to institutional adoption it's gonna do another 10x and I am gonna take this opportunity. Than will move to other undervalued assets, or strategic assets (land)
A Spot ETF buys the asset directly and increases demand while lowering supply. All the current XRP ETFs are NOT Spot ETFs. Therefore, the current ETFs do not buy XRP to lower supply. Again, does anyone know what Google is or do you just walk around saying you know everything while knowing nothing?
Study investing instead. Once you have a grasp of what investing really is, according to Ben Graham, Charlie Munger, and Warren Buffett, then tell me about your thoughts on day trading. They would tell you it’s speculative and likely to lose you money, whereas you could be diligent, disciplined, invest as much as you can defensively in your working life while you study to value companies like the pros. It’s a lot of fucking work, doctors get shit out by the market cause of an inflated sense of intelligence but then they realize it takes about as much time and practice to become an investor as it does to become a doctor. If you don’t have the time or patience, invest into broad market ETFs and study passive investing. You can retire early. It might not be as early, but trying to get rich quick is the only way I know how NOT to get rich.
When has continuing to buy BTC despite the price NOT worked out within the next 12 months?
Anything NOT fiat, BTC, Gold, Silver, Stocks, Well run business, Real Estate, Heavy Equipment (Tractors etc), I keep a minimum of fiat to pay bills and 3 mos expenses. When I accumulate too much fiat I move it to one of the above. Another important factor is the fact that money deposited in a bank is not yours anymore, you essentially have a claim on the banks assets, reference bail-in legislation.
Female here: Married, business owner, investor. You’ve dodged a bullet. The right person will come along - someone who will share your vision and be faithful. Stick to your plan. You’re doing great. Volatile BTC - good. Volatile partner - bad. You are worth someone’s faithfulness. Do NOT take her back if you reach success. If she can’t help make the cake she doesn’t deserve a piece of it. Keep on keeping on, brother. 💪
And are we sure that that is the case? If I have to enter my seed phrase to use the recover service, would that mean that the private are NOT able to be pulled?
> What do you think? To be brutal, you're doing something you haven't studied enough for; you've been lucky so far, but not understanding what you're doing makes you feel lost, and the answer here is simply to study. > Is a market crash coming? The market will crash sooner or later, and it will skyrocket sooner or later. Take your TradingView chart, zoom right out, and look at intervals: if you had bought in October 2021 and it is October 2022 now, what would you say? What monstrous "loss" would you see? And what if you had bought on 1 March 2020 and it is 1 March 2021 now? What would you say? The first lesson of investing is that you must put in money you don't need, money that if you lose it completely, your life won't change. And have an investment thesis: we certainly don't have a crystal ball, but let's say "I'm convinced this thing will go up". Good, you put some money on it and you're patient. As long as the fundamentals that led you to believe it will go up are there, you have no reason to leave. You only do so if you think there's something else that will do even better, or if you think that, whether you're in profit or loss, the fundamentals are no longer there, and so you exit with a stop-loss or gain or in the and if you miscalculated and need cash immediately. > What are your positions currently? I don't feel the need to move; my thesis is that we are in a 1929-style collapse, not of crypto but of the entire financialised economy. In this situation, fiat currencies become like Weimar Marks, Turkish Lira, Argentinian Pesos: worthless paper. So crypto is a refuge, but it's obvious that they also go down, especially because they are not used in everyday economy; you can't buy food with them, to be clear. So their value fluctuates wildly according to people's trust, and the feeling of being at the peak before the collapse of the economy, not crypto, is high, and crypto anticipate it. In these cases, the common people, i.e., the majority, are reactionary; gold is a historical safe-haven asset like silver, and they rush into these. The giants also take some of these, but knowing better than retailers when the big bang will happen, they enjoy the crypto downturn to buy them and push away retailers they DO NOT WANT to be able to exchange currency they don't control. The success of stablecoins is this: people know nothing about crypto, they want fiat currencies, stablecoins are "crypto-fiat" banks can control them as they control fiat currencies, thus killing two birds with one stone. Among themselves, however, they don't trust each other, and PyUSD-style emissions "oops, we minted 300T instead of 300M, small error" they don't want, so they want "real" crypto for them while the majority exchange stablecoins. This won't be instantaneous but is likely to happen. Alts compared to BTC are those that shoot up and down the most and are not, on average, decorrelated, so I would be careful about holding them believing you can "diversify with alts". Stablecoins are relatively decorrelated, so if you're in the green and you see that the gain is still reducing and you expect a further downturn, it might make sense to swap to stablecoins, say Pax gold or USDT, and swap back to what you expect to be the bottom. Beyond that, I wouldn't say more; beyond that, patience is key, and in periods when you don't predict the future, avoid leveraged investments, especially highly leveraged ones. Especially with large percentages of your assets, because if crypto goes down, it then goes back up, but if you were leveraged, compound interest kills you.
When you use margin or futures or other traditional leverage, you have a linear multiplied return which means you can lose ALL your money (aka liquidated) or grow your money at that leverage multiple that you chose. Let’s say you do 3x leverage. If at any moment you lose 33.3% from your original level, you lose EVERYTHING. With LETFs, you get a daily resetting leverage which means each day you start new. You’d have to lose 33.3% in a SINGLE DAY to lose everything if you are 3x leveraged (LETFs on crypto can only go up to 2x however so you need to lose 50% in a single day). With this, you can lose 30% every single day for a week and still NOT get liquidated. On the flip side, if the trade goes on your side, the daily reset leverage EXPONENTIALLY multiplies your return above the “linear” margin return. This is because each day the ETF buys more leverage if the trade goes in the profitable direction. Now you get downside protection without possibility of going to $0 AND exponential gains during a bull run. It’s a big win on both sides.
> Bitcoin belongs to 2 pools. ETH maxis think Triple Halving, Supply Crunch and Ultra-Sound money are real things but cannot grasp what a mining pool is. A mining pools consists of thousands of miners from across the globe who control their own hashpower but pool it for greater and more stable rewards; they still have the ability quickly change pools or go to a new pool at any time and they have done so in the past. On the other hand, you can easily take control of ETH through centralized players LIDO, Coinbase, Kraken, Binance, etc. Most of Ethereum nodes are hosted on the 3 big cloud providers. **And according to ETH's lord and savior Vitalik's own principles of decentralization, ETH is NOT DECENTRALIZED** because the majority of the supply is premined and gifted to founders, developers and VCs who funded its development and these insiders can stake their premined coins to enrich themselves even more to perpetuity. > Credible Neutrality: Essentially, a mechanism is credibly neutral if just by looking at the mechanism’s design, it is easy to see that the mechanism does not discriminate for or against any specific people. The mechanism treats everyone fairly, to the extent that it’s possible to treat people fairly in a world where everyone’s capabilities and needs are so different. Anyone who mines a block gets 2 ETH is credibly neutral, Bob gets 1000 coins because we know he’s written a lot of code and we should reward him is not. - **Vitalik Buterin on Credible Neutrality as one of the guiding principles of decentralization** https://nakamoto.com/credible-neutrality/ 72 Million or 60% of ETH was premined and gifted to the Founders, Developers and VCs. **Ethereum VC investors from 2014** - Konstantin Lomashuk and Vasiliy Shapovalov of Cyber Fund (VC) - Adjacent Venture Capital - Artichoke Capital - Blockchain Assets - Compa Capital - CRVN Capital - Flux Capital
By ossification i mean the code, not the supply. By scalable self custody i mean the ability for anyone on earth to unilaterally have control of their coins without disproportionate punishment (eg 90% exit fee) KYC is still a threat to an individual when they self custody. The coins dont exist in a vacuum. The holder can be jailed, punished, sanctioned, tortured. Their other assets (house, car) can be sanctioned. Their family can be threatened. Bitcoin does not exist in a vacuum, and there will always be a counter party risk. Once again, these are NOT "arguments against bitcoin". Even though bitcoin has these problems, it's still the best asset on the planet.
The narrative that deflation can be bad for the economy is incomplete. This is a transitory phase that cannot last forever. Bitcoin can't keep replacing central banks forever. Eventually it replaces them all and when they and all their shitcoins are dead, bitcoin won't be making enormous returns anymore. It only makes enormous return by eating other crappy moneys , but when all the crappy moneys die, bitcoin only grows in value as the production of other goods increases. It will only appreciate at 1-5% per year in terms of most goods and services. At that point, regular invesments become attractive again, as the entire world has recapitalized in bitcoin Deflation is NOT NECESSARILY a bad thing, and this is the biggest and most criminal psyop ever perpetuated on humanity, because everything evil is downstream from government inflation, and this is the justification for inflation. Deflation is just another word for economic growth. It is completely normal and good that things become cheaper over time. That's why we work. Work produces things and when things become more abundant they become cheaper. The market chooses the money that is the hardest to make precisely because the limit on supply growth makes it depreicate the least. The natural order is that everything gets cheaper. This does NOT mean that nobody would be consuming or investing. People do not consume just because they expect their money to depreciate. They consume to survive and to enjoy life. It doesn't matter how much cheaper you expect food, clothing, phones,or shelter will be next year. You want these things today and will pay for them today to use them today. Everyone knows their laptop and phone will be significantly cheaper next year and yet they all buy it. It's true that appreciating money will make you less likely to spend money on frivolous bullshit you don't need, and that's a good thing. Debt-fueled mass consumption is a moral disaster for humanity and Bitcoin can't kill it soon enough. The world doesn't need you to waste money on stupid bullshit. And people don't just invest because they expect money to depreciate. They invest because productive activity produces a surplus over holding money. And the key thing to remember is that money would not appreciate if people weren't investing and producing. So it's impossible to imagine a scenario where nobody invests but money appreciates. In sum, deflation is great, and it is the absolute best thing about bitcoin. Bitcoin being deflationary makes it the best investment opportunity in the world for as long as central banks exist. You are being perfectly rational to not want to invest in things that aren't as productive, morally imperative, and important as ending central banks.
I'm not a maxi, but I find myself shifting that direction over time since I genuinely can't find strong arguments against btc. I go to Buttcoin subreddit really hoping to find strong rationale against bitcoin, but it really doesn't exist. Basically all their talking points can be extrapolated to gold. They argue that somehow gold is legit since its physical and has industrial uses, but that's horseshit. Gold has NOT gone up 50% this year because of some marvelous "industrial uses". I don't fully commit to btc because I worry that perhaps "I don't know what I don't know". It seems arrogant to think that I have complete knowledge of all the risks that could unfold. I have to ask myself "if I did somehow lose all this money, could I forgive myself?" For me, the answer is "no". But, I think that may depend on your personal situation, age, net worth, etc.
Don’t feel like an idiot. All traders have experienced loss. I hear there is another large short position out there yo accomplish what they did to you. Erase retail from the market. Keep trading. Invest wisely. DO NOT use leverage!!!!!!! If you do in and out, not to hold. Prefer not at all. You would still he in the running if you had not. Leverage is gambling and we all know tre house usually wins. If there is another drop. Buy all the XLM you can afford and watch a lot of you loss disappear. Also I still believe strongly in XRP. IF XLM HITS 2,3 cents. Grab it and it will go up to about 25 cents quickly. That’s a huge gain. Best of luck
You need to stop measuring Bitcoin against FIAT. Bitcoin is here to replace FIAT, not be measured against it. If you think you’re treating Bitcoin like a stock, and you think the goal is to wait for Bitcoin to reach a high price according to FIAT, so you can sell your Bitcoin - you really don’t understand Bitcoin / Bitcoins value. FIAT is a centralised / inflation based financial system with infinite supply. This means that you are having money stolen from you on a regularly basis. So if you love having your money stolen - please transfer all your Bitcoin back into FIAT so that governments / corporations / banks can continue stealing money from you. Bitcoin is a decentralised / deflation based financial system with finite supply. What does this mean? It means that your money / savings are not regularly stolen from you. In fact - your money / savings GROW in value over time, and similarly - the price of products / resources DECREASE over time (you continuously get MORE value for your money / savings / time and effort). You want to be paid in Bitcoin, you want to store your savings in Bitcoin, and you want to purchase things using Bitcoin. FIAT does not exist as part of that system. That is the reason you should be buying Bitcoin - NOT because you care about its price when measured against FIAT. People who measure Bitcoin against FIAT are the people who are going to end up losing / don’t understand why they should be continuously acquiring more Bitcoin
Ben Cowen did NOT say this at all… he said that IF ETH breaks above and holds $5k as support (given that the fed has signalled the end of QT), THEN expect BTC dominance to have peaked and a more durable alt season to occur, probably starting in Nov. So a lot has to happen before alt season can occur. BTC needs to put in a new ATH if ETH is going to put in a new ATH (BTC leads ETH when dominance is rising, which it currently is)
Post is by: Typical_Gold_9825 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1o97tjh/the_more_you_buy_alts_the_less_bitcoin_pumps/ The market cap of bitcoin has not exceeded $2.6T, therefore has not created headlines in mainstream media. The more you buy altcoins, BTC dominance goes down, it must inevitably go UP for Bitcoin´s market cap to exceed ATH and generate FOMO. Please, stop betting on your altcoin to beat Bitcoin, this is suicide for the market. NOT Financial Advice, im 5 years old. Dont listen to me *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*
Post is by: Fuckitynottbh and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1o97qar/people_saying_crypto_is_dead_has_me_weak/ As long as the internet is a thing crypto is not dead and never will be price of bitcoin and eth, solana etc, will keep going up. The enitre other side of the internet uses only crypto all online gambling sites use only crypto, crypto is not dead and if your not prepared for dips then its not an investment you should be in. Go buy spy or voo. Crypto always has major dips like this, any important person tweeting is going to affect it, rich people selling or buying is going to affect it. If someone makes a meme and it blows up its going to affect it. Yall need to look at the real world applications for crypto and look at crypto in a long run as everything becomes digital and more and more people start using crypto as currency. Crypto is NOT A SHORT TERM INVESTMENT it is a long term hold and if your not prepared to hold for years then do NOT get into crypto… *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*
Why & how would the government stop btc? How is it NOT. Crypto? Wym
People who constantly comparing Bitcoin to the FIAT price are the people who are going to end up losing. Stop treating Bitcoin like a “share” on the stock market, that you hope to one day sell for FIAT. Bitcoin is here to REPLACE FIAT. FIAT is a centralised financial system with infinite supply, which is inflationary (your savings / money is devalued over time, so you have to continuously work harder to be able to purchase the same things). When you are paid in FIAT, store your savings in FIAT, and purchase things using FIAT - you are literally having your money stolen from you on a daily basis. Bitcoin is a decentralised financial system with finite supply, which is deflationary (your savings become more valuable over time, things become cheaper over time), and your money / savings are NOT stolen from you on a daily basis. That is what you need to understand - because that is the reason you should be buying Bitcoin. Once you take the time to understand that, you will stop caring about how Bitcoin is measured against FIAT, and you will only care about acquiring Bitcoin / you will measure your self worth solely against the amount of Bitcoin you have (not how much is it valued according to FIAT). You want to be paid in Bitcoin, you want to store your savings in Bitcoin, and you want to purchase things using Bitcoin. FIAT does not exist as part of that system.
This is not how it works though. Obviously it's NOT done by going into debt collection. Research this some more, smart use of loans (which are tax-free BTW) is common. But people who never had access to big money are naturally highly allergic to borrowing because of the "poor man in the debt prison" connotations.
I never sold a single sat for the past 8 years but I understand why people DO NOT want to baghold through a -70% bear market especially when you can scoop up twice of what you have with the same amount of FIAT
ITS NOT A FIGHT , for the love of pete...It's doing what we used to do before anyone here was born. There was no income tax until the late 40's after we waxed the rest of the world physically and then made it up by dropping g tarrifs. Then look what happened , we never won a war again , started paying income tax , then government had a bunch of our money misappropriation. Here we are today trying to reset. It takes time but will make us rich again. Just quit with HE IS AN ASS A CROOK AND I want the exact opposite. The way things were going , we would have illegal aliens in the government in the next few years telling YOU what to do. I personally like law and order.
That's what you get when the promises/hype hasn't delivered in 12 years. It turns out crypto WAS NOT like the internet. It's still a solution in search of a problem, and a bad one at that.
But it’s always the negative one. Also wouldn’t be surprised if we got that STRICT 80%+ bear market correction again, while NOT getting the proper bull. That’s the type of mental fckery we’re in rn.
So this is what September ment to look like NOT FUCKING OCTOBER!!!. Portfolio down fucking -40% since last Friday .
No, static is only causing slow or drop periods. The destination of higher values over the long term is NOT compromised. Your short-sighted view has been going on for many years now.
Basically, if one does NOT buy it now...they are clearly saying and thinking that it will not make it's existing highs within the next year. Actions speak a lot louder than words....and since demand is not off the charts, I have to assume most people with money are part of the "it won't make new highs within a year" club.
If you're a good trader you can make money both ways. Sure it's not as good as a raging bull market when everything goes up. But you can still do okay on the up and down waves in either direction. It's not easy for most people though. However, most projects are NOT in institution hands. Big money is notoriously risk averse. They usually only stick to the largest coins only and have only recently got their feet wet this cycle with accumulating bitcoin and small portions of eth and sol. They barely touched anything else.
That's the good reason NOT to be dependent on whatever he thinks. The key phrase is "rent free".
We all have been where you're at right now. Read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late, [despite new people thinking otherwise](https://old.reddit.com/r/Bitcoin/comments/rskpuf/i_have_only_600_bitcoinsi_missed_the_bus/). 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://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill Note: Breez does also a hybrid liquid/LN wallet called Misty Breez - the sats being on liquid means no need for channels although the payments take a few extra seconds. You'll also can get a free customable LN address. While talking about hybrid wallets, there's also Aqua Wallet although not IMHO as good as Misty Breez. There are also custodial LN wallet but I would honestly avoid using them because you have to trust the wallet operator not to steal your money. Their only advantage is that they are incredibly easy to use, although it might cost you big one day. **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.
Ok from chat gpt: Thanks for sharing the image. Here are some important observations to help determine if this is legitimate or a scam: ⸻ ⚠️ Key Red Flags in the Letter ✅ Ledger rarely sends physical letters – They officially state that they do NOT send unsolicited postal mail to users. ✅ Mentions a QR code to “activate” a feature – This is a classic phishing method. Scammers often trick users into scanning QR codes to visit fake sites or install malicious apps. ✅ “Mandatory by October 10th, 2025” – Unrealistically far-out deadline is unusual and designed to add pressure but avoid immediate suspicion. ✅ Asks you to take action to maintain access – Legit Ledger updates usually happen inside the Ledger Live app itself, not via external instructions. ✅ Physical address (Paris) & CEO signature – These can easily be copied from public information. Scammers often add them to seem official. ⸻ ✅ What a Real Ledger Update Looks Like Ledger normally communicates updates via: • Official Ledger Live app (desktop/mobile) • ledger.com blog or status page • Verified email from @ledger.com (never asking you to scan QR for setup) • In-device firmware update They never ask you to: 🚫 Scan a QR code from a letter 🚫 Visit a link outside ledger.com without warning 🚫 Provide any sensitive info via external form ⸻ ✅ What YOU Should Do Now ✔ Do NOT scan the QR code ✔ Do NOT visit any URL printed in the letter (unless you type it manually and confirm it is EXACTLY ledger.com) ✔ Go into Ledger Live > Settings > Security and check if “Transaction Check” exists officially ✔ Contact Ledger Support directly via ledger.com/support with a photo of the letter ⸻ 🧠 My Verdict: Highly likely a SCAM / phishing attempt Physical letters + QR code + urgency is a known phishing tactic targeting hardware wallet users. ⸻ If you want, I can check Ledger’s official announcements for you or help you verify the URL or the QR code (without you opening it). Just let me know!
If you read his books, that is absolutely NOT what Robert would be saying.
Only giants, but that's still not an issue for retailers as long as they choose NOT to use 1000× "investgamblings", preferring a sane classic investments. At the Casino, the Casino win always, rarely some guest as well.
4 of them DO NOT OWN THE BITCOIN THEY HOLD. Stop posting this BS
try saying "Internet Computer" out loud and NOT laugh. it's impossible.
Dude. Your statements are all over the place and wrong but I get your point. Here is an example for you to see that I understand what you are "trying" to say. Task: I want to be a millionaire. I start with $100.000. The first year I have 300% gains. After 1 year I now have $400.000. Cool. The second year I use the new available capital = new base for calculations and again have gains of 300%. After the second year I now have $1.600.000. Cool. Task completed. My 300% gains in the first year resulted in $300.000 gain and my 300% in the second year resulted in a $1.200.000 gain. In total this would be an increase of 1.500% over 2 years in relation to the starting value. This also means that the more money you have the more money you make and the easier it gets. Surprise.... 20% of 100 will always be 20. And 30% gains of $100.000 will always be $130.000 and NOT $135.000. 1% of 100 = 1. 1% of 101 = 1.01 ... 1% of 129 = 1.29 This would be 30 x 1% using a new base each time = compounding and is not the same as 30% of 100. The way you write about this is just wrong or imprecise and thus implies different bases or different percentages for your calculations to make sense.
Using a hardware wallet does NOT protect you from going to bad sites or approving malicious transactions. What a hardware wallet actually does is just ensure that your private key is never entered into, or saved, anywhere on your computer, the cloud, the wallet provider’s servers, etc. The hardware is the private key. What you should do is imprint upon yourself that you are your own security. Assume every discord, tg chat, and twitter account are hacked at all times. Never FOMO. Never engage in private chats. Never click on links. Verify urls via multiple sources. Also, Rabby wallet actually has better ui than any hardware wallet for security purposes. Every time you connect to a site it will tell you if you e connected before, how popular the site is, etc. So if you aren’t concerned about Rabby leaking your private key somehow that may be better than a hardware wallet for you. Just keep most of your crypto in “cold storage” in a wallet that never interacts with anything and trade on your “hot” wallet with a smaller balance.
Kaspa. It will NOT be the next Bitcoin, but it will be something close to it and, from certain points of view, it will be better (in some respects it already is).
This. Bitcoin is a way for you to invest in liquidity and fintech as a whole without being at the whims of a single or a handful of company's financial performances.... however it is NOT a hedge against the market by any means. If anything I feel it is more of a higher beta asset than your typical S&P index fund which has increasingly become skewed towards the top 20 companies.
Even if BTC skyrocketed 100% lets say $250k per ? Selling that one bitcoin I dont think actually qualifies as "life changing money" ....well for an American anyway....for some third world coutries? YES that could totally lift a family out of poverty and potentially feed and house them for life...But for an American? Maybe a down payment on a new car and a condo? lol Which maybe very very loosely could qualify as "life changing" as is "I could not get into a condo and new car and now I can....have big payments but I'm IN" type thing. No if someone manages to dollar cost average their way to owning 1 btc? BTC will need to go to a MILLION dollars really soon to even begin to qualify as "changed my life money" ....and even then? Changed HOW? I guess if it is invested in something high yield you could retire very modestly? (depending on your AGE!) 10% a year would provide a $60k/year income and keep enough in the pot to sort of try to keep up with true inflation based on buying power? That is Supposedly the true inflation rate (NOT the goverment BS rate) is 7%
You absolutely do NOT need to enter a seed phrase in Koinly. You've probably visited a phishing site by accident.
Post is by: Road_-_Kill and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1o6tks2/koinly_crypto_manager/ I was told good things about Koinly and I created an account and was going to add a profile and I was prompted for my seed phrase…. WTH. I am a little shocked that an app meant to manage your crypto would break the first rule of crypto “never put a seed phrase online” trustpilot gives this a very good review! https://www.trustpilot.com/review/koinly.io I would NOT recommend this app/service to anyone ! *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*
Please do your own research and use the help of AI as others mention. DO NOT answer to any DMs from anyone.
Cheebus Crisp, all these noobs freaking out will NOT last through a real dip. That’s gonna be a fun time for sure. I just hope none of them kill themselves when it goes back down to 70-80k
Too much retail NOT on the sidelines for it to run, is the kind of vibes I’m getting. I know a lot of people who were in leverage got wiped out on Friday but shits just not moving. Regardless, I’m still holding but don’t see myself putting any more $ into crypto.
why are you posting this in 'cryptocurrency' tab? xrp is NOT crypto and is NOT on any ledger and not on Blockchain.. please stop this and delete this thread from here
Welcome abroad. Strike is IMHO a much better option than a shitcoin casino like Binance. We all have been where you're at right now. Read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late, [despite new people thinking otherwise](https://old.reddit.com/r/Bitcoin/comments/rskpuf/i_have_only_600_bitcoinsi_missed_the_bus/). 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://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill Note: Breez does also a hybrid liquid/LN wallet called Misty Breez - the sats being on liquid means no need for channels although the payments take a few extra seconds. You'll also can get a free customable LN address. While talking about hybrid wallets, there's also Aqua Wallet although not IMHO as good as Misty Breez. There are also custodial LN wallet but I would honestly avoid using them because you have to trust the wallet operator not to steal your money. Their only advantage is that they are incredibly easy to use, although it might cost you big one day. **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.
Manipulation: very vague concept. China responding on tariff policy is NOT manipulation, it is China's right to respond and react to a threat. Insider trading: Trump is about to make an announcement that will shock the stock markets. The son or one of his entourage uses still secret information to speculate. This, in addition to creating undue wealth by using the state as one's own thing, creates a flash market crash and many good people lose out. The FBI should investigate this.
To own an IOU of bitcoin (NOT recommended), no. To **own bitcoin**, yes.
Definitely NOT from Ledger. I bought one years ago and now they are ending support for it and recommend buying a new one. They also leaked my email and I get phishing spam all the time.
I know what it is, millions are not using it, its all fake, only the "sellers/renters" are making a profit out of your money, its a scam, get out if you can anymore, do NOT put more money in, you will not get it out.
Wow, I honest to God oh so wish this was right, but I just don't see it. We'll see I guess. I have the vast majority of finances parked in cash which is highly liquid or very easily accessible. Only a tiny amount is put into crypto. LINK, and will be joined by BTC if the market does NOT improve after this and continues to collapse. Eye will be on BTC, trying to time the bottom will be hard, but I won't be making any purchases any time soon.
This isn’t a stock. It’s fucking Bitcoin. It doesn’t behave like a traditional asset. I’m telling you, this is NOT A DIP. Do some more research and stay in this space long enough and you’ll understand.
Oh my god, people, this is NOT A DIP! This is healthy volatility. This is Bitcoin literally being Bitcoin. It just has to be new people in here that haven’t gotten their head around the idea of volatility. Good all intents and purposes, this Bitcoin has been going sideways for a LONG TIME now. In my book, anywhere from $90k-$125k is pretty fucking sideways. That’s a totally normal range. These $5 and $10k “dips” aren’t anything.
Many people believe in the halving cycle. If history repeats itself (IM NOT SAYING IT WILL SINCE A LOT OF FACTORS ARE DIFFERENT THIS TIME ROUND), crypto will crash and enter bear market anytime between now and early next year. A lot of rich people who made 6-7 figure profits are starting to cash out as they don’t want to get caught up in the crash and lose that.
DO NOT 3D PRINT YOUR SEED PHRASE. Most users have Bambu Labs and it is sent over a server and stored on SD card this is the most insecure way to store your seed I've ever seen other than on a billboard in Chicago
The vast majority of people do NOT own any form of crypto. Out of those that do, the vast majority own very little and do NOT understand the market that well.
In my experience i started overdiversifying on almost every project that i considered great, and got rekt on 2021, so i started just DCAing on BTC and ETH, (buying weekly), when i introduced my friends to crypto, they did the same as me at the beginning, spending money trying to catch a "new coin", and failing, then just realize that BTC and ETH are the way. A lot of people do the same, looking for alts, losing money and quitting crypto before trying on BTC, because they think they are late. I really suggest you to not fall into temptation of buying alts, or sh\*tcoins, and stay on the good path, BTC and ETH. You are NOT late, people really were saying BTC had peaked on 2021, on 60k, look where are we now, stay strong on bears and buy dips, invest only what you can afford, good luck
Welcome abroad. We all have been where you're at right now. Read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late, [despite new people thinking otherwise](https://old.reddit.com/r/Bitcoin/comments/rskpuf/i_have_only_600_bitcoinsi_missed_the_bus/). 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://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill Note: Breez does also a hybrid liquid/LN wallet called Misty Breez - the sats being on liquid means no need for channels although the payments take a few extra seconds. You'll also can get a free customable LN address. While talking about hybrid wallets, there's also Aqua Wallet although not IMHO as good as Misty Breez. There are also custodial LN wallet but I would honestly avoid using them because you have to trust the wallet operator not to steal your money. Their only advantage is that they are incredibly easy to use, although it might cost you big one day. **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.
Welcome abroad. We all have been where you're at right now. Read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late, [despite new people thinking otherwise](https://old.reddit.com/r/Bitcoin/comments/rskpuf/i_have_only_600_bitcoinsi_missed_the_bus/). 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://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill Note: Breez does also a hybrid liquid/LN wallet called Misty Breez - the sats being on liquid means no need for channels although the payments take a few extra seconds. You'll also can get a free customable LN address. While talking about hybrid wallets, there's also Aqua Wallet although not IMHO as good as Misty Breez. There are also custodial LN wallet but I would honestly avoid using them because you have to trust the wallet operator not to steal your money. Their only advantage is that they are incredibly easy to use, although it might cost you big one day. **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.
Yeah, there is a strong possibility this spills into next year. Plan B talked about how this cycle could take a bit longer to play out because of how deep the bear market correction was after the collapse of Celsius. Add this in with the fact that the U.S is just starting to cut rates in mass and pushing for more liquidity and to blow up asset prices it makes a ton of sense. Colin talks Crypto is another one that talked about this as well, but he said early Q2 at the latest. People talk about the cycles being different, but I really am leaning towards this being similar to the others. Even if it were to peak Q1 2026, that does NOT invalidate the 4 year cycle in my opinion. We peaked Q2 of 2021, yet the 4 year cycle pattern was still clearly there.
I am pointing out that I feel misled that crypto, bitcoin in particular, is somehow decentralized. How many times have I heard that? Did I just make that up in my mind or did I hear all the time that as an asset, it was better for that very reason?? NOT subject to crashing because of a tweet my a moron. But alas....
Neither crashed on the tariffs tweet or did I miss it? Tariffs were NOT announced on crypto or did I miss that too?
with nancy pelosi you're talking about a 500k$ buy of google stock that maybe 2-3x'd. With trump and his goons you're talking about 50+ billions from trump coin, their own bank etc. YOU CAN NOT COMPARE THIS WHAT ARE YOU SAYING
Looks like it's gold and NOT crypto that is independent of fiat market forces. Not what zi was told or led to believe.
The sadder story of this is the fact people can do these trades completely obscures real price discovery. The leveraged buys pump up the price beyond what people can afford. Assets would be less volatile if the ability to buy the paper versions of them on credit didn’t exist. Housing bubbles are the same. Homes cost what people will borrow from banks (aka what banks will lend to them with no risk of failing) NOT what they’re actually worth. It’s an invented debt trap that the wealthiest profit from.
As a larger strategy DO NOT TRY TO TRADE, ie swap from one coin to another trying to read what is going up most next. Just buy and hold whatever coin(s) you prefer. “Hodl”. Personally i prefer alts so as a started I’d say split whatever $ over the top 10 (none usd backed ones) but others prefer just the top 1 or two as relative safe advice
These files are NOT on your drive. You are not hacked. The people icon next to the file names indicates that they are shared files. More than likely someone shared them with you and their end goal is to compromise your account through a malicious script or macro in the sheets. Delete them after reporting the creator. Change your password as an extra precaution just in case something malicious did happen when you opened the files, like some sort of cookie stealer.
Dude youre CALLING HIM IGNORANT AF? How the fuck does running a node NOT use electricity lol. Aww sweet summer child, when your CPU processes things, it uses electricity. When hard drives read or write they use electricity. When you turn a computer off, it stops using electricity.
Rule Nr.1 = do NOT flash your holdings around !
The do NOT GET TO DO THIS. WTF is happening!!!
that is why crypto is for criminals….the trump gestapo will NOT even look into financial crimes….they all lead right back to him
Something tells me you're going to lose lots of money in shitcoins. We all have been where you're at right now. Read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late, [despite new people thinking otherwise](https://old.reddit.com/r/Bitcoin/comments/rskpuf/i_have_only_600_bitcoinsi_missed_the_bus/). 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://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill Note: Breez does also a hybrid liquid/LN wallet called Misty Breez - the sats being on liquid means no need for channels although the payments take a few extra seconds. You'll also can get a free customable LN address. While talking about hybrid wallets, there's also Aqua Wallet although not IMHO as good as Misty Breez. There are also custodial LN wallet but I would honestly avoid using them because you have to trust the wallet operator not to steal your money. Their only advantage is that they are incredibly easy to use, although it might cost you big one day. **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.
DO NOT respond to any DMs. They are ALL SCAMMERS.
Investors woke up to major news from China - Summary: not a ban!: The entire tariff crash on October 10th may have just been one big misunderstanding between Trump and Xi. The news about China’s rare earth export controls came out on October 9th at ~8:30 am ET, 26 hours BEFORE Trump posted about it. This was a non-news event UNTIL President Trump posted about it over one day later. Last night, China released a statement clarifying their "export controls" on rare earths. In their response, China said the new controls are NOT a full export ban and applications that “meet regulations” will be approved. Amid the market's downturn on Friday, our view was that the 100% tariff announcement by Trump was a bargaining chip. After China's statement last night, we believe the odds of Trump's 100% tariff on China going into effect are extremely low. The largest crypto liquidation in history and a -$2.5 trillion loss of S&P 500 market cap appears to have been driven by one big misunderstanding. We expect another "trade deal" soon.
Investors are waking up to some major news from China: The entire tariff crash on October 10th may have just been one big misunderstanding between Trump and Xi. The news about China’s rare earth export controls came out on October 9th at \~8:30 am ET, 26 hours BEFORE Trump posted about it. This was a non-news event UNTIL President Trump posted about it over one day later. Last night, China released a statement clarifying their "export controls" on rare earths. In their response, China said the new controls are NOT a full export ban and applications that “meet regulations” will be approved. Amid the market's downturn on Friday, our view was that the 100% tariff announcement by Trump was a bargaining chip. After China's statement last night, we believe the odds of Trump's 100% tariff on China going into effect are extremely low. The largest crypto liquidation in history and a -$2.5 trillion loss of S&P 500 market cap appears to have been driven by one big misunderstanding. We expect another "trade deal" soon.
it all comes to time in the market, ive been in this game actively since 2018 and have seen so many crashes, rug pulls, flash crashes that this one DOES NOT surprise me at all and i dare to day that from a liquidations point of view it was the biggest reset from a percentage point of view this is a baby crash ive seen btc drop 50% in a metter of hours ive seen ETH drop 80% in a metter of days. This one was a nice window into psyche of ppl who think going 3x leverage on a shit coin like ADA is a good idea, forgetting that order book on coins like this is as thin as ice :D aaah well good riddance.
Is it mathematically, financially and technologically possible? Yes Is it reasonable to believe that someone smart enough to make 30 million usd DOES NOT cash anything out and DOES NOT buy any other asset like real estate, gold, bonds, index funds or stocks to diversify and manage his risk and not only that but keeps EVERYTHING that he has built over 10 years in perps instead of having some spot? Very very unlikely.
Because BTC is NOT a store of wealth. It very glaringly trades like equities Gold IS a store it wealth BTC and crypto are great for the portfolio and everyone should have some.... But remember, so were tulips. They were also a store of wealth. BTC is like tulips. The tech is cool but it will not be adopted mainstream in the next 20 years unless it somehow becomes centralized, which it won't. To hard to use, too scary that you could lose it all, not becoming mainstream in the near-mid future. Sorry not sorry. Trade it now, make money on it, move on once it collapses (have no idea when that will be)
Bitcoin IS money. NOT an investment.
DO NOT HAVE A KID, DO NOT GET MARRIED, DO NOT GET INTO A RELATIONSHIP, DO NOT GET A PET. You can still recover, but you MUST avoid these 4 things that will drain your finances over the long term, you no longer have the luxury of having these 4 things that will drain your finances, you HAVE to play it smart from here on out to avoid living in a cardboard box and eating dog food in retirement.
I lost my entire net worth after not closing all of my positions on a camping trip with no internet after 5 years of doing well. It just takes ONE mistake to lose everything no matter how disciplined you are. You have to be vigilant, and black swan events like this happen way too much. Do NOT leverage trade. Buy something you believe in and hold it.
Focus on getting rich slowly. Listen to Warren Buffet (but not to him not liking crypto lol). Two rules of investing. Rule number 1: don't lose money. Rule number 2: do NOT lose money.
I still do NOT understand how you lost everything?… its not clear to me
Dude, EVERY SINGLE PERSON EXCEPT YOU knows this space is manipulated. It has been for a decade. 😂 this is NOT NEW.
You’re really gonna sit here and pretend these issues aren’t 100x more volatile under trumps presidency? Your comment makes sense under normal political climate (Obama vs bush for example). Trumps environment is not politically normal whatsoever. You’re calling it an illusion but it’s not at all. You’re conning yourself at this point lol. The pro corporatism is flagrant, in your face and destructive to a different magnitude. There are people in masks going into major cities and disappearing “illegals” (disappearing first asking questions later no accountability for fuck ups). Speak about political tribalism all you want man, there is absolutely no fucking way you don’t see how the few people who have weaseled their way to the tip of the spear are NOT politicians and never have been, they have a clear and present cultural agenda. This is a very very very bad thing.
Thanks for sharing. Thats tough, but you know how to start safely. When I was 36 (your age) I was flipping houses in the Bay Area. We would buy at auction using hard money, then flip. It was hard work but the money rolled in so fast that I quit my day job. In the beginning of 2007 my partner and I decided to do SEVERAL MORE big purchases and spend the next year flipping them, then walking away. We would have had more than enough. We spent the next months buying 9 properties at auction. YES NINE! We began the Flipping process. By the time our first house was ready to sell, there were no more buyers. The Bottom fell out of the real estate market and the Global Financial Crisis had begun. We spent the next year either selling our houses at below our cost, or letting them go back to auction. We lost everything......Even my home! I had to let my home go to auction. I bought it for 1.0m and it sold for 368k. I packed my 3 kids into a Uhual, took a job in Colorado, and started over with nothing. Wells Fargo was in the process of during me for 200k which I did not have. Flash forward 18 years: I am now in my early 50's, my kids are all on good paths, and I am looking at an early retirement and years of travel ahead of me. 36 does not seem young, but it's actually a good time to learn hard lessons, because those lessons stick. You will learn that BTC is NOT the only good investment, you will learn diversification, and you will learn patience. Looking back, if I hadn't been through that I would not have moved to Colorado, taken-up camping, snowboarding with my sons, etc. I have the best memories starting from when I lost everything. Feels terrible now, but all will be okay. All-in BTC is not the way.
I take risks but NOT with my bitcoin. And NEVER with my bitcoin. I do hope this saves someone out there.
So yesterday was cool. Had just dipped into leverage a week prior. Somehow wasn't in a trade, would have been a great time to be in my first short. Saw it early enough to want to place a long...couldn't even open my app which was a similar story in my CEXs and trading accounts What does this have to do with Kendu...we are still here, price is bouncing back, real people chatting in the TG the whole time and even more messages than the monthly average when I woke up. This extinction level events can NOT kill us or our will to succeed!
Where did you get your info. ITS NOT GOLD OR BASED OF OFF ANYTHING. It has its own markets.
M.B.I.T🔑🔑🔑🔑 is set to emerge as a revolutionary mind in the world of gambling algorithms. His invention — coming in 2028 — is built on pure mathematics and logic, designed to challenge the systems that once seemed and still seem unbeatable today. I am currently on experiment number 2301… all successful. Once I complete 4000 experiments, I will start the actual work on the date mentioned above. Stay tuned… the cake is in the oven. DO NOT GLAMBE ✍️🚫🚫
It did NOT. It just temporarily failed to hit the next all time high.
It was NOT us. We are old but not thin skinned snowflakes. We learned in 2017 and 2021 to HODL and buy the dip. I had buy orders set low that executed and I made an immediate profit when the market bounced back.
You Could NOT be farther from the Truth…EVERY Token has Surpassed ATHs in the last 6Months and so the ENTIRE MC lost 3Billion in 60mjns? Thats a 0.1% Drop…Ya!!! And ur Panicking cuz Why?
Just about all crypto moves with BTC, so in order to make money consistently in any alt coin, what is needed is to analyze BTC, and based on the move, plan your trades in alt coins accordingly. About 5 days ago, BTC hit the overextended price to the upside, and at that point, you should do two things: 1. No new long positions should be opened. Why? The reason is that as BTC is overextended, the probability of it going down is significant. So from there, we can infer that by buying an altcoin when BTC has high probability of reversing down and dragging the whole market with it. is not a good idea. 2. As the price hits the extremes on BTC, it can still continue to go a little further as investors/traders are in state of euphoria/greed and continue to buy. I have talked about BTC reversing about 5 days ago and it did go further before this drop. https://x.com/phystechnalysis/status/1974555087361229283?s=46 From this point, you should NOT close your whole position. However, it is good to take partial profits, or at least trail the stop closer just in case. Or you can also do a combination of both.
now you learnt a lesson on leverage. Next time you come back gambling stay away from it. It is NOT needed especially in crypto. You really dont need leverage. Its way to volatile to be using.