Reddit Posts
[Satire] Peter Schiff was right all along
My Experience with Stefan_B_Trades Premium
PIPEs, hArk, Sigbash v2 - Bitcoin Optech Newsletter #393 Recap Podcast
Why I hate "Opportunity to Stack Cheap Sats! Let It Drop More!"
Is kraken box lightning no longer free?
Bitcoin and Taxes: What's Important Now, What Could Matter Later, and Some Overlooked Planning Ideas
Beware of subreddits like ZEC, where mods will create a false narrative and ban you to legitimate it!
Yall have been so helpful, and I’m very genuinely thankful. But, another ? 🥴
BTC and ETH doing well but altcoins hardly performed last run (july25).
Btc will be 5% lower and then a super high increase due to The Great Depression and World War 3/4
OK TEAM , Will pay if i pull this off ;-)===)
OK, who gave CRO another Viagra today? 😎
Oh, OK. I’ll try this again lol but I will be there.
Bitcoin does not have Intrinsic value, but it doesn't actually matter. Grow your conviction.
Response to Post and how Bitcoin helped my family.
Should bitcoin be centralized and have an owner? I mean, what would it hurt really? It could maybe even go public and have a ticker.
When Is it OK to Sell some "Lifestyle Chips"?
Help! Help with Sparrow Wallet descriptor miniscript: time-locked, conditionally multisig Bitcoin wallet
Google Spear Phishing Attempt (Coinbase Leak?)
Do I need a hardware wallet or is swyftx wallet OK for funds under $100?
Theory for why Bitcoin/Etfs will perform better than Strategy long term
By the time your financial adviser says it’s OK to buy Bitcoin, it’ll cost $1 million. When they say it’s a good idea, it’ll be $10 million - Michael Saylor
By the time your financial adviser says it's OK to buy Bitcoin, it'll cost $1 million.
Servercoin- Making everyone win
how in theory would "paper bitcoin" enter the ETF space?
Do NOT get into pumps and dumps. They are bad and damaging not only to idiots like me, but to the community in general. They are not OK, please do not support them.
24,4% of ICO projects are dead for good
24,4% of ICO projects are dead for good
How do you fund your FIAT to Crypto?
When trading, learn to manage your expectations
Vast Bank- A Tulsa, OK bank that lets people manage their traditional bank accounts and cryptocurrency side by side. Pretty cool. Sounds like adoption to me.
Security : An easy guide on how to remain secure from theft/scam as you trade crypto.
Can we stop making fun of People who used their Crypto to buy something? Like the Pizza Guy? It's OK to take Profits!
Mentions
I’m invested money I can afford to lose, automated dynamic DCA, have all my assets paid off and will live a good life even if we see $0. I’ll of course live a better life if it doesn’t but… it’s OK. I still check via price alerts…. $55,000 and $62,000 are my current alerts. How it gets to those numbers isn’t super relevant unless you’re swing trading with leverage… and I left that game a long time ago.
Oh wow... OK you really have no idea. "They" haven't invested billions into bitcoin ETFs. It's a fund that they think investors will want to buy, and those investors put their own money into it. Which is why you can go buy shares of IBIT right now. Why do they do this? Because the ETFs make money on each trade. Whenever someone buys or sells, they make a percentage. It really doesn't matter if bitcoin is $1M or $100k or $50k. They make money on the trades regardless. Sort of like sales tax. If you buy 100 candy bars at $1 apiece, you pay exactly the same amount in tax as if you buy one $100 candy bar.
Lawyer here (UK): Can confirm the number of “crypto lawyers” who have actually bothered to do self-custody and learn about BTC is low. That said: they don’t need to learn anything major. Basic concepts of “who has access, how do they get it, how can the executor take control when the court gives the grant of probate?” are all they need. Strongly suggest not bothering with dead man’s switches. They rarely work, add a vulnerability to be abused and there have been many estates screwed over because of legal battles afterwards. As other have said: tech problems and legal problems are different, you need to solve for both. Easiest route for a will (lowest effort, OK-ish security): “I leave all of my BTC to [x], the VeraCrypt container containing the seed phrase is in [y] and the password for that container is in [z].” Alternatively: “… the seed phrase of which is divided into [x] parts on metal plates, one of each being stored at [safe deposit y] and [safe deposit z].” The multiple key shard holders is OK too, but if it’s also a wallet you want to draw from when alive you’re going to be better off having a low quorum and sharding the estate’s keys rather than adding more keys while keeping quorum low, because of the risk of the fiduciary losing a whole key. Slight issue is that you need an executor or fiduciary who knows how to recombine the shards. Trusts work, but you need a custodian. Very few fiduciaries will accept custody of their keys and they need to exercise control to have an effective trust. Custodians charge a percentage for assets under custody. That said, they’re much easier for your estate to deal with. You could ditch estate planning altogether and hold in multisig. Risk is that all your family turn against you as a whole and legally you would jointly own the BTC.
Putting 5% of your worth into the best performing thing in history is stupid, simply because it is volatile. If you are 70 years old, maybe 5% holding is OK, still dumb.
Unlike many rich folk, Elon Musk is actually creating substantial value for humanity. He is not sitting on a pile of cash either; most of his wealth is 'on paper,' that is, it in the notional value of his companies' stock, not sitting in a Scrooge McDuck bank vault. Also, he's not out buying gold yachts, but is working hard to help humanity invent the future. I'm OK with a system that rewards efforts like his, even if it is imperfect.
OK, mybe not even 97 years from now, what do you think?
Dont worry, try to lower the cost by adding. It will be OK, just wait
OK, well how much is he betting on that?
OK, but for which reasons, please?
It's interesting your continued profanity-laced rants. Where did you see that I was dodging taxes? Where did I say that or even imply it? I've always paid my taxes owed, doesn't mean I agree with it. I was mentioning all the fraud that happens in the government with other people's money. So now you know I've always paid my taxes and even a couple of audits w/o issue, I ask yet again, what is my fair share? I still appreciate you showing how tough you are with the continued profanities. It suits you well. What is abusing loopholes? If you follow the law doesn't one want to pay as minimum tax as possible? If you don't think so. how much extra do you donate ot the government last April? OK forget about me then, why don't you explain to all these good people what a person's "fair share" is? I'll help you. You can't, so you dodge the question and character attack thinking exaplining it is "beneath you" when in reality you can't, becausae there no such things, just subjective opinions.
Dude, I literally just told you I value human life more than my car. What are you on about? You're making up fictitious beliefs about me that you THINK I have (which I don't) in order to prove your point. I never argued or even hinted that a car has more value than a human life, I don't know where you're even getting that from. But since you refuse to answer my very simple question, I'll have to assume your answer is "yes, some human rights are OK to violate in some situations" which you presumably just don't want to admit that since it sounds bad. I obviously disagree with that, I think all human rights are inalienable and should NEVER be violated under any circumstance, period. Please correct me if I'm wrong, I would love to get a clear answer to that question as I think it may be the key to understanding our different viewpoints, but if you keep dodging the question and refusing to answer it I'll have to take that as a sign you're not willing to engage in a rational and good faith discussion, in which case there's no point in continuing this.
>The entirety of human history shows us that over and over and over again. Eh, the vast majority of human history has been based on voluntary trade and free association, not by coercion and threats of violence. Federal income taxes were only introduced in the US in 1913, and before then there were well-functioning infrastructure like roads, power grids, public transit, police, firefighters and so on. Turns out people are willing to pay for the things they want to use. >As for your train example... it's ludicrous. What train example? I never mentioned anything about a train? And no, what makes you think I value my car more than a human life? The reason I am libertarian is precisely because I value other people's lives and rights, such as the right to life and the right to self-determination. But you still have not answered the question I actually asked - are some human rights OK to violate in some situations?
As I understand it, you transfer the BTC you want to borrow against to a fiduciary and they hold it. If BTC value drops below an arranged threshold, they liquidate to cover the note. It sounds like payday loans unless the market is RIPPING. It doesn't seem like something I'd be OK with. The existing platforms that were doing it like Celcius (bankrupt in 2022) didn't do so great. Now you can do it with most major platforms. Still seems like a bad idea.
Your OP and comments sound like nonsense. You bought awhile back…. OK…. When? You sold almost everything else except half a million in BTC. Right…. What happened to everything else? Will try to take profits when it goes up again? Up how much? 10%, 25%, 100%? No liquidity…. In the most liquid asset in existence.
Which coin is closer to Satoshi's hypothetical magic metal? Trump is OK grifting off bitcoin because it is a grift. It doesn't threaten the dollar (like he first thought) because it's not a functional currency; it's a pyramid scheme
Apparently they finally have a deal, and might actually end the war and open the Strait. OK, maybe asking for $80K is a bit of a stretch when the market is so bearish. But that's gotta get us at least into the $70Ks in the coming week.
>he is talking about the stock market No, Buffett was speaking about the dollar (a currency), in the broader context of [gold as an investment](https://www.berkshirehathaway.com/2011ar/2011ar.pdf). Your claim was that this quote only applies to companies, clearly that wasn't true. It's clear you haven't actually read this newsletter, that's OK, but don't pretend like you have
Alrighty, let's do this. Given that TAO markets itself as "decentralized AI", a regulatory shut down of a model such as Anthropic Mythos highlights the benefits of "decentralized AI". That line of reasoning works if you stop your thinking there and never ask any further questions. So, what is TAO? TAO is a middle man, a routing layer between requests and Gen AI responses. It uses crypto as an incentive model for people to put up hardware to run compute. The crypto side of things could have also been done with credit cards. So, putting the "crypto" element aside, how is it decentralized AI? To be clear, if Anthropic Mythos is banned, it would also not be available via TAO. Other models would be fine though, but those same models are available directly from their respective vendors (OpenAI, Google, etc). But what about open source models such as the Llama ones, those can't be shut down, right? Yes, that's great! But the value there doesn't come from TAO here, it comes from the existence of the open source models, their ongoing funding and development (Meta...), and the hardware provider that runs them. OK, so what about hardware? Well, almost all TAO inference hardware is run of course on the big three clouds, because that is the most cost effective way to compute Gen AI workloads. But what about individual users offering their GPU? That is too slow to do any real work, and not something you would put production workloads on. TAO *does* provide value, the idea of providing an abstraction layer behind hardware and models is neat to an extent, and there are competitors that offer that. In reality most companies choose their cloud provider and stick to them. Multicloud is real and some ultra large companies do that, and those may use a routing service, but that does not make "decentralized AI" or shield you from regulatory risk in any real way.
OK bro, keep your bias, I don't really care anyway. I remember that you were high as a kite on memecoins when they were already over too.
Addresses are not true or false, but this address looks OK, and it's never been used before. You have to be sure it's your exchange's address that they gave to you, and you're not using a scam lookalike app or whatever. Exchange is not a wallet. If you're sending bitcoin to binance it's so you can "exchange" it there. Not keep it there.
OK long game it is, but soon enough the block reward will go to 1.56, then 0.78, then in around 10 or 11 years down to 0.39 bitcoin per block. So if things stay stagnant while we play the long game we'll have to get creative to pay for security...bake sales, garage sales, car washes, raffles come to mind. Maybe compete directly with the best there is in this genre, Girl Scout cookies.
You ever try to withdraw money from a bank.....It is very restrictive even though it's supposed to be "your" money it's not. The banks and the government control every cent in your account and you need their OK before you can send, receive, or buy things with it. They also track it all too and require KYC for absolutely everything.
I do have BTC. and more MARA than you will likely be worth in your lifetime. But OK.
Bitcoin and crypto in general is a wild ride. The price fluctuations are crazy. But if you can hold on through the bad times chances are you’ll do OK.
It’s not "hindsight" buy in 2022, look my post of 2022 where I sharing this strategy of '4-year cycle' with moving averages 😉 I was buying in 2022 (Running DCA) on the bottom! OK? [When to Start Buying/Investing on BITCOIN?🤔 Here I show you an Idea⬅️ : r/Bitcoin](https://www.reddit.com/r/Bitcoin/comments/wzytpt/when_to_start_buyinginvesting_on_bitcoin_here_i/) 👀 WATCH! 4-years ago post! 😉 And I’m buying again now, with this simple strategy, so learn and stack more Sats (bitcoin) now, not when the price is at all time high (ATH) lol
Going back to 2010 would actually mean splitting my timeline into two separate timelines starting from 2010. In the 2nd timeline, I would first have to kill the other me and take his place, while leaving my actual friends and loved ones wondering where did I go missing without me ever returning again. Then, I would have to make sure I am able to replace the other me without anyone figuring out I am another me from another Universe with potentially different characters, personalities and abilities, after making sure I dispose of the other me's body and never get caught. This is already a very very very long shot, and only after I make sure of these things and that I am OK with everything, I will start worrying how to get that Bitcoin. In con fusion, I would just take the red pill, cash in the 21 bitcoin's in my own timeline and enjoy the rest of my life.
OK I'm gonna start trying to post more positive comments, despite the market being absolute shit. First off, we're already 51% down. So historically, that would put us around 2/3rds of the way down already. So the majority of the downside has already been done for this cycle, if we follow the usual cycles. Second, if we've already experienced the majority of the losses for this bear market, then we're already at a point where if you have holdings, it's probably getting less and less worth it to sell it, and you might as well just hang on. Of course, the final third is always the most painful, so it's easier said than done. And 1/3 of 126K, is still a lot of money.
January 2012, I was moving out of Germany to my home country after having worked 4 years there. I had some savings and needed to take with me, but didnt want to have cash. So I researched alternatives and found this Bitcoin thing. I bought a lot of it, and after moving i sold it at am OK profit. I think I had around 30k usd at the time. I wish I had just kept the rest in btc.
OK so bitcoin now fulfils the 'store of value' prerequisite for a currency. Let's go for 'medium of exchange' next.
I'll go against overall doxa here, but I would say yes. For "small" amounts (depends on your vision of what is small), it's OK to use Centralized Exchange like Coinbase, Kraken, Binance or ByBit. But, start transferring to your own wallet when you feel it, especially when the amount becomes uncomfortable for you to store on an online platform. Make sure you secure the account with clean email address, secure and unique password, and OTP like Authenticator, and possibly Passkey/Yubikey. And you're good.
Like OK what was a lawsuit going to do in the first place? You're not of ng to move or claim bitcoin unless you have the keys or seedphrase to the wallets. Just dumb honestly.
OK, let us know what "they" want the price to go up and I'll buy some more.
Yes I'm sure. This depends on your collateral asset. I just wasn't reading the "fine print". I used trade btc-settled futures and there was not such a thing. [https://support.kraken.com/articles/interest-and-conversions-unified-wallet](https://support.kraken.com/articles/interest-and-conversions-unified-wallet) Read the part "Interest Payments on Uncovered Losses" I think the fee itself is OK, but it is ricidulously high if you trade higher amounts, and also I don't think it is clearly stated in the documentation at all. So it came a bit as a surprise after some time trading.
Cause i thought that many people regrets buying BTC at the current decreas and sells. Even Mr "i will NEVER sell BTC" is selling to hold Up His company liquid. Dont misunderstand BTC is nothing of mine cause it delivers Not many use-cases (OK Iran uses to pay for "using Safe" street of hormuz). Are you buying now, Price to entry or fill-up is good near the 60k. What do you think when we will get Back to 100k?
>Check out Tangem That's a horrible choice of a wallet, mate. It's OK if you (like losing money over long period of time and) hold some shitcoins, but for your bitcoin, use some proper cold wallet. It should be fully open source, Bitcoin only and air-gapped.
Didn't Elon say that DOGE coin was going to the Moon? Maybe he meant they will put a printed sheet on the eventual moon mission? I don't like seeing people lose real money.....but there are some part of the whole deal which are humorous. For example, the famed DOGEcoin millionaire...a regular working dude up was up about 3 million at the peak from a small initial investment...but refused to sell despite folks like myself telling him "OK, then, sell 1/2 of it"...... A true believer. This is like winning the lottery and then putting it all down on 0 on a roulette wheel. Easy come, easy go in his case...but anyone who actually lost real money that they worked for, etc - I do feel bad for them.
It will be OK, keep your head down and DCA
I have been an investor - or was - in BRKB. Little understood - it hasn't gone anywhere in a number of years (I don't own it anymore - tired of waiting). I did OK on it back when.
Damn dude, well, you’ve learned a lesson about why you don’t go all in on one thing unless it’s a diversified position. Hold if you can, sell if you need to. You’ll be OK though. Plenty of people are still a lot less fortunate than you.
It is an OK solution for a single use case. It is not AI after all and not justify its pricing. In BTC's case, it can only do 7 transactions per second. Probably you can hire 100 people and can manually handle 7 transactions per second while BTC network burns entire countries of electrical energy. You can use that energy and chips for data centers which already proved its worth. Plus most cryptos are not decentralized anymore including BTC which is basically run by a few farmer groups.
He’s a self-absorbed narcissist who makes vapourware with no users, and spends more time streaming political diatribes than he does improving his fucking protocol. And when he realised that wasn’t working he released another one (that still isn’t fully functional), and now he’s thrown the first one under the bus entirely. Oh, and he spent 200million building a health clinic which promptly closed down after a year due to over-expenditure and poor management. My favourite quote from the reporting on it: The building was also going to include a private “napatorium” where Hoskinson could sleep. The room was inspired by Thomas Edison and his attempts to enter a semi-lucid state where he could come up with creative ideas. Hoskinson’s mum, Patricia Hoskinson, claimed when showing reporters the clinic that, “He takes power naps, OK, and so that’s where he gets all these brilliant ideas.”
Notwithstanding, in the context of blockchain tech there's a very specific technical distinction between "coins" and "tokens". Bitcoin is the former. Whatever one might think about BTC or Saylor, there's still no excuse for using an incorrect term when reporting on it, any more than it would be OK to describe MSTR as a bond.
OK, so then call it the antithesis of the greater fool theory. not a ponzi. Which is the whole reason why I jumped in this argument in the first place.
I love how they still always suck off trump while trying to criticize him. First off I wuv mr. trump and hate Biden. Pwease mr. Trump can I have some crypto bweadcrumbs, its OK if not but I would appweciate it. Again I hate biden.
I think he still has some. I think he'll be OK.
OK hear me out: saylor sells a tiny fraction of the stack to spook the market bc it's obv very uncharacteristic of him. Btc plummets. Then, he buys 100x the amount he sold back for way cheaper. Manipulation? Yes. Out of the realm of possibility? I don't think so.
Ah yes, that's ligit. OK I'll message you.
Think I'm OK, 68k has hard resistance now
OK sure, where are your arguments?
Basically this is what is going to happen, LIKE ALWAYS OK. Pay attention this time. The government tightens its purse strings, they start a war, and the stock market climbs because companies are earning crazy amounts of money. How are they doing that? The people. They have saved and use their savings or what little they have paying higher prices. We are experiencing that now. People are struggling and everyone is like “why is the market up, the economy and prices are fk’d. Well, soon friend. Soon. The people will be strung out and then have nothing left and then the drawdown actually happens…. People who have any assets sell them. People will sell their bitcoin this fall. Then the doom and gloom. Everyone struggling, everyone thinking “I better sell my bitcoin at $45k before it literally goes to zero. Damnit, why didn’t I sell at $125k. Why did I buy at $110k. F this shit I’m out. And just as soon as everyone sells, and loses hope, and is destitute, the Fed/government will step in, lower rates and start pumping the economy with printed money. Thats when the next bull run happens, guessing June 2027. But it could be earlier or later. Hard to say. Then all the people who sold at $50k, get pissed that it’s going up, and buy in again at $120k and then it rinses and repeats. All the while, the following lemming citizen gets fleeced by their bad decisions and “I’m gonna buy it and hope it goes up! But I really don’t know anything.”
Price is determined by market sentiment and earnings per share overtime as well as dividends that are issued by the investment on a quarterly or annual basis. If the earnings are increasing overtime or the dividends have been increasing overtime, all of that will affect the investment performance and PRICE discovery of the market. Oh wait none of that applies here. OK price is determined solely by market sentiment.
Great write up and awesome concept. Anything that can increase privacy and reduce risks of address reuse is OK in my book! I’m curious if this BIP is also quantum resistant as that is a major implication of address reuse? Also was reading this new resource recently and they also have a good breakdown in their glossary: https://www.learnbitcoin.com/glossary/silent-payments
>The building was also going to include a private “napatorium” where Hoskinson could sleep. The room was inspired by Thomas Edison and his attempts to enter a semi-lucid state where he could come up with creative ideas. >Hoskinson’s mum, Patricia Hoskinson, [claimed](https://cowboystatedaily.com/2025/10/04/hoskinson-health-in-gillette-aims-to-be-the-mayo-clinic-of-the-west/) when showing reporters the clinic that, “He takes power naps, OK, and so that’s where he gets all these brilliant ideas.” im sure he has a lot of brilliant ideas...just that none of them seem to be profitable.
OK that makes a little more sense - but holding cash during inflation is still generally a bad idea still if your goal is preserving wealth.
Papa John can make a killing on pizza day just bring out a pizza looking like a bitcoin. Be super cheeky and charge $10,000 for it. OK $10 I'd buy one. Imagine owning a whole bitcoin pizza.
I was around in 1980 when my bro (he was 50 years ahead of the current BS) told me to buy silver galore and gold. The return was a joke. Even if I held it to today. I did buy some in 2018 or so and did OK on that, but then again the S&P is close and prob lower risk, Again, it's the anecdotes of the few who make money.....weighed against the millions who made very little.
With all the legislation signed and institutional brokers creating on and off ramps. The whole thing is just gonna go to zero? Yeah, OK…….
My buddy went to France and said to watch out near tourism zones. People will grab your wrist and tie a bracelet on it and then demand payment. Most people over pay for the cheap/crappy bracelet due to pressure from scammer. -- As an American that is really confusing. I told him "that's a good way to get shot" Him: "oh no, no, no, the French do not have guns" Me: "well, stabbed, you'd get shot or stabbed in the US for that bullshit" Him: "oh, no, no, no, the French do not allow weapons like that" Me: "What about a good old ass kicking? You'd get punched square in the face in the USA for that" Him: "oh, no, no, no, the French do not allow self-defense like that, it's a different culture. You can't simply punch people. Police won't allow foreigners beating up scammers, they just don't have it, they'll charge you" -- Like, are you OK over there France? lol For a country that is known for revolution and standing up for the common man, this all seems out of character.
90% is on a cold wallet, 10% is on the exchange for quick trades. Every time I reach that sweet $10k threshold I withdraw to my cold wallet. I’m OK with that setup.
OK cheers that makes a lot more sense and was exactly what I was talking about. I thought it was wierd a legitimate business accepted payment from non legal tender
OK, and if you win, you buy a bear to everybody who post on this subreddit 😉
mostly I just don't look at it that often. I have a rough sense of what I hold and what I would be OK losing. the cycle anxiety tends to come from checking too frequently and not having sized to something you can actually hold through drawdowns
ETH and BTC I'm honestly fine with. been holding since 2021, not trading it. the question I ask myself is not when will it moon but would I be OK holding this for 5 more years and the answer is yes. XRP I'd never touch, no real use case I can see outside speculation. alts are where the bag holding gets sad ngl
> I thought it was OK because it was an official google email and a google link Morgan Freeman: It was NOT an official Google Email
1. No, there isn't universal system to say there must be inflation or deflation, both have existed in the world. But there IS a mathematical reality of what that would do to the economy. 2. Irrelevant, nothing to do with the argument. 3. You're missing the point, investment is required for people to survive, physically. Not financially. People invest money to grow food, build homes, find oil, develop medicines etc... 4. Buy goods from who? What goods? OK, you don't know what I'm talking about, I'll spell it out for other observers. If I have $1 million, I could decide to buy a farm and tractors and pay people etc... to produce food. My hope is I then sell the food and make a profit off that, I produce a thing people need and in doing so, I make money. Now I'm taking a risk doing that, things could go wrong, so I could just keep the $1 million, but if there's inflation as I just hold onto it, I will lose value, lets say 3% per year. So say my farm will likely make 7%, that's actually 10% better than doing nothing, instead of losing 3% I gain 7% So i build my farm, employ people and I produce food for a bunch of people. The Higher inflation gets, the lower my 'Required Rate of Return' is to take the risk of building the farm, if inflation was 4% i might build the farm expecting only 6% etc...Inflation makes me want to invest and deploy my money. Pretend instead I was holding a Deflationary currency, deflating at 10% per year. Now if I want to build a farm, and it only profits 7%, I'd never do that, I'm better off keeping my deflationary currency instead. I now need the farm to profit 20% in order to be as good an idea as the first situation. Unless my farm is going to be really really successful I shouldn't build it, mildly successful isn't good anymore. I'm better off rejecting most ideas and just keeping my money, but this extends beyond me, if you have an idea for an invention, I wouldn't want to invest in you either, I'll just keep my money, so your idea never happens. The very rich just keep their money as money, they develop nothing, produce nothing because the deflation of the currency is a guaranteed gain. The economy would be terrible, no long term project would ever be constructed, anyone in any debt is doomed forever as the amount they owe increases and their pay decreases every year.
OK so explain to me how your super good at trading but couldn't lost all your money trading...
Cash out now. Maybe leave your initial investment amount in there as a gamble in case it continues to skyrocket, but take your profits. Put it in your bank account. Then seek traditional investment advice, either in non-crypto subreddits or from your parents. Maybe they'll say just keep it in the bank for now. Maybe they'll suggest traditional stocks, bonds, and indexes. Maybe they'll say to keep it in crypto, but in more traditional coins like BTC and ETH. On the other hand, *and this isn't my suggestion just another viewpoint*, you're very young and likely not responsible for your own financial well-being. If that's the case, maybe it's OK to go balls deep on shitty and questionable memecoins and buying into whatever BS hype they're trying to sell you. Some memecoins just sputter and die slowly after their launch. Others rocket 10, 20, 50, and 100-fold in a relatively short period of time. And then, at some point and almost definitely, die out. And while you might not want to post actual quantities or fiat-equivalents, if you choose to do that, be consistent. You mention 15k eu, which I assume is Euros. Then later you mention dollars (USD, I assume). Don't make us do conversions and calculations if the fiat equivalent is important to the situation. Regardless, my recommendation is to withdraw and cash out, leaving just your initial investment amount. So if it goes down, you will have already secured profits. If it goes up, then, well, that's what you want, right?
OK the bottom is in after reading OP's post. Time to double down!
OK ok thx, taught it wasn't an exact 1 o 1 correlation.
OK well for starters, Crypto in general is still very new and awaiting a lot of policies and innovation. Whenever something is being introduced into the financial system, it takes a LOOOONG time to get where it needs to be. Just like now, the Clarity Act is being reviewed and voted on.
>they can't control the protocol **Thank you!** You would be surprised how many people can't comprehend this. >they can control the market price and liquidity which is kind of the whole point We had many whales trying that before. And if you zoom out far enough, you'll realize they all have to follow the path, bitcoin is setting. Sure, short term volatility can be amplified by large enough entities, but eventually the sellers are going to buy again because hodlers HODL. I mean, push the price to $2k or $2m and I'll gonna enjoy the view. Will there be a panic? Absolutely. In both scenarios. But again, I'll simply stick to my strategy and HODL, while DCA in with my next paycheck. >they're not buying it to use it as currency they're buying it to trade it like any other asset That's also OK with me. I honestly don't care what other do with their bitcoin, it's theirs. All I care about is what bitcoin offers to me, the small fish - the same rules for everyone.
OK. Don't buy. No one is asking you to make money. Sit on the sidelines. It doesn't matter to me.
OK. I just did my first BTC payment. This sub helped quite a bit. to help me understand the process.
It's hard to avoid it if you are clinging to the convenience of fiat and don't let go. You can easily trade P2P with absolutely no KYC but it's scary and risky for most people. You have to embrace the fact that crypto is wild west, for better, or worse. If you can't handle it, crypto just isn't for you and that's OK. If you try to trade anonymity for convenience and regulatory security, you will get neither.
It's hard to avoid it if you are clinging to the convenience of fiat and don't let go. You can easily trade P2P with absolutely no KYC but it's scary and risky for most people. You have to embrace the fact that crypto is wild west, for better, or worse. If you can't handle it, crypto just isn't for you and that's OK. If you try to trade anonymity for convenience and regulatory security, you will get neither.
OK kudos to you for remaining relatively clean. I think you'll agree you're the exception rather than the rule. Gary is back at MIT as an endowed chair, I hear he lectures about how crypto works, no thanks to him. I think the finance industry is in need of some serious reform too. It seems like SEC is mostly a paper tiger and/or an attack dog for opponents of big hedge funds and banks. In 2020-24, Crypto projects that were viable but required a US legal entity were killed in their sleep by fear of some big US government hammer. The arbitrary enforcement ensured that some of the brightest projects (ie Ethereum and Solana) wasted years and billions trying to "comply", and contorted themselves into knots for lawyers and pencil-pushers, all to adhere to laws that weren't even designed to apply to decentralized protocols. This US regulatory circus caused the rise of DeFi, which is now the locus of crypto fraud. USA had the unique distinction of being hostile to crypto innovation. We were on banlists with Sudan, North Korea, etc., just so crypto entrepreneurs and users wouldn't get threatening letters or worse. Legit companies like Binance set up straw man entities to adhere to silly rules that seemed to be invented on the spot. All of this was downright embarrassing to Silicon Valley. Yet somehow the most US-regulated crypto company in history, FTX, stole billions and cratered confidence and the entire crypto market. You must admit that's incredibly ironic. And we all know what happened, SBF and his insider family bought off the entire sitting administration. They didn't just steal crypto, they stole COVID relief money, and they laundered billions thru the Bahamas. Rumor has it half of the Ukraine Aid never made up Zelensky's ass and came back into the US via FTX. No serious investigations into fraudulent transactions at FTX by US Congressional reps was ever done. With the help of Caroline's dad's and Bankman's direct line to Gensler, SBF planned to monopolize crypto trading in the USA. Meanwhile Coinbase and Binance remained hamstrung in a toxic legal stew. After all of this nonsense, what is the best way to prevent crypto fraud? Education. I encourage you to expand your horizons and call out fraud inside the halls of Wall Street. I say that Saylor's MSTR is the biggest fraud in crypto, and Lutnick's Tether is a close second. And what is needed to make that fraud obsolete is to spread the word. Think of Trump's token, how much damage has it really done? People are smarter than they look. Finally, I hear that Credit Default Swaps are quietly being sold to offload toxic private lending and real estate debt. Never seen this movie since 2008. What can be done about it this time? Thanks.
No sim? Temporary? OK you do you.
OK? So are you trying to hide it from your ex and kids?
Just tell him next time he’s interested “it’s not for you dude. It takes discipline, nerves and determination to invest in BTC. It’s clearly not a match for you and that’s OK, it’s not for everyone. Then watch him trying to simp his way into how he’d be a great BTC investor lol…
Upgrading is important but it's recommended to verify app-in proposed Upgrade version number with on their website announced number. They must match. And even more important is that you have seed phrase backup. If something goes wrong with your Trezor then you can try to recover access to your BTC wallet or if the device fails completely you can buy another HW wallet and restore your funds access with this instead. I have upgraded firmware 2 times and so far all went OK (I own Trezor Safe 3).
OK, I pick LTC for optional privacy and XMR for real privacy.
If all you want is exposure to ETH’s price action then ETFs are OK I guess. But, if you want a stake on the platform that’s likely to be the home of any meaningful innovation in DeFI, you’re barking up the wrong tree.
OK I don't see how it follows that TON isn't decentralized?
I'm feeling OK that I decided to stock up when it dropped below 70k, picked up a lot around 69k.
The lack of insured custody and laws around that. Not your keys not your coins. OK so you going to keep all your coins where? Lots of people go with hardware wallets but that requires keeping seed phrase safe. Some sort of fdic insured product would make ot alot easier for people to use bitcoin as a savings account. Bitcoin backed lines of credit. Make it easier to access the equity without actually selling the coins.