Reddit Posts
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Does the latest Trezor Hack go further than they're telling us?
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Bitcoin Filters Work By Default, and That's a Good Thing | To Filter Spam From Your Bitcoin Core Node, set “permitbaremultisig=0” & “datacarrier=0” in your Bitcoin.conf File | Use "blocksonly=1" to turn off your mempool entirely
Can someone confirm if the Taproot spend and tx signing explanation below is correct?
Day 3 after BTC spot ETF listing; not the market we expected?
The Bitcoin ETF news is massive, but no one is even talking about Bitcoin's BIGGEST Halving ever on 19 April 2024. GLTA!!!
All 11 bitcoin ETF tickers, for tomorrow. GLTA!!!
BitIDE - TapScript IDE with Local Testnet, Block Explorer and Custom Op Codes (OP_MUL on Mainnet P2TR!)
I'm trying to understand the exact mechanism of a UTXO spend...
UPDATE‼️! 9 Bitcoin ETF issuers have updated their applications today - which is the SEC's deadline for the first wave of Bitcoin ETF approvals... GLTA!!!
What happened to this sub? Have Moons doomed us?
How Victims get Phished through Reddit Forums, like this one!
Guys, My Portfolio Never Looked So Solid | BTC and ETH are the Big Guys | And, of course, Utility Coins, Meme Coins and Shit Coins
The first 2 sentences of the OP makes this hilarious imo
He lost his coins when hardware wallet spontaneously reset.
Polymer to use EigenLayer, the OP Stack and IBC to bring scalable and interoperable L2s to Ethereum
First blockchain Rick Roll incident? A tale about Cartesi, Espresso Rick Astley and Vienna OP
Mentions
If you actually strip away all the emotion in this thread and look at what's being said, it comes down to two things. He makes money from affiliate links. And he re-runs free webinars so more people can watch them. That's it. That's the whole complaint. Yes most creators have affiliate income, that's not exactly a secret or a scandal. And yes the free webinar had a promotion at the end, after giving over an hour of actual content for free. I don't see how that's controversial. Drama posts get upvotes and people love piling on. As someone who's actually in Ivan's paid programs I can tell you the picture being painted here by OP is just not accurate. A lot of misinformation and strong feelings but not a lot of substance.
Haha I remember those webinars. I used to block out two hours to watch them live. Pretty sure he stopped doing them though. They were fun honestly, he did Q&A at the end and let people jump in with questions. He did pitch his paid stuff too and I grabbed some of his older programs at a discount during one of them. No regrets there. I don't really understand the anger in this post. I think people just get weird when a creator starts selling things after years of free content. I own a business so I get it from the other side, you gotta monetize at some point. Ivan actually taught me a few marketing things along the way lol. My take is just don't take it so personally. The YouTube channel is free, using affiliate links is optional, signing up for anything is optional. Nobody is holding a gun to your head. One thing I will say though, I had a family emergency last year and needed to pause my subscription. They did it right away, no pushback, no guilt trip, nothing. Even asked if I needed anything else. That's not how a scammy operation treats its customers. I seriously doubt OP has actually been a paying member because that hasn't been my experience at all.
If what you’re saying is true OP, then garsh darn it!… I wasn’t crazy like everyone in my life told me I was. I can hear the gears of the minds of the powers to be grinding… - We shall fleece the American people, once, just once and then we will be great again, lots of greatness, we will be very great! Will it hurt the average Joe, ehhhh. Joe will have to get over it, once we pay ourselves back and there is no more 38t dollar deficit hanging over our heads we will….. just figure out another way to climb back down the hole. SMH what a crook of $hit! Ya know what honestly, I would sacrifice my entire net worth 3/4 of which is in crypto.. in order to be a patriot and help out, IF I thought it would help the country, if I thought it would bring back the middle class, if I thought it would do anything besides line the pockets of the Rich whose pockets are already lined enough for 25 generations of their families. What more could a person want!?? Hey here’s another idea, maybe have Elon make 1 payment since he’s about to be the trillion dollar man.. 🤔 He claims to be a patriot, let him use his own money to help the country otherwise if the info in the post is true or not, eventually they will look to rip of the American people (YES, even more!) to the point where nobody can buy a house or retire, shit is getting crazy! And here I am sitting on a bunch of liquid waiting for the market to go as low as it’s going to go (hopefully I get it right) and I’m buying back in. Hoo ha! Good luck to you all through these strange times!
Just in case, If OP is a US citizen he has worldwide income tax. Cap gains is better move to not have potential tax issues later in life. Otherwise he has to renounce his US citizenship which is easier said than done and has to be done through proper channels which will be legal fees and a tax owed of *approximately* the highest income year of past 10 years, that value multiplied by 10 and then the taxation of that total value.
In the US if you did this it would be considered a sale by the IRS and would be a taxable event. I know the OP is in Canada but I would be surprised if they had a loophole this big in their tax laws.
OP isn’t in US. Don’t know Canadian rules. And for non family the cap is 19k annually in the US.
It doesn’t matter what you get paid in. Cash, gold, securities, land… What matters is OP received a transfer of wealth in 2021. His brothers friend had ownership, and then transferred it to OP. The issue is that on paper OP never owned the Bitcoin until 2021 and it was transferred from someone else. The options are inheritance, income, gift… these all have different tax implications. Now had he bought the bitcoin in 2021 or 2015 all that would matter would be capital gains. But that’s not what happened and now he is going to have issues because in 2021 his investment was already likely are around 600k US $. Governments generally get concerned when that much money appears in someone’s account because it’s often money laundering, revenue from illegal activities, undeclared income etc.
At the end of the day my thought is that he'll pay full cap gains on a deemed purchase price close to $0 \*which is actually pretty accurate). So, OP, prepare to pay \~$250k in cap gains.
Did you read the last paragraph of the OP?
Other issues, money was held by another person and transferred to OP in 2021. That could be seen as income. A straw man purchase may not fly with the CRS as a reason for OP brother's friend holding the money. Not to mention $1 million appearing in OPs account is going to draw scrutiny for money laundering or revenue from illegal activities. OP needs a lawyer and a CPA.
If you think the IRS does not care to take the 35% tax rate plus penalties from the 2021 transfer, or in this case the CRA because OP is in Canada, and substitute the relevant tax bracket, + CAP gains - then you don't really know how tax agencies work. Large deposit, of undeclared income, without proof of how it was acquired, is going to get flagged every time. Its huge red flag for illegal activity, money laundering, etc.
is this some stupid ragebait post? OP, do not listen to this person. You came to r/Bitcoin for real advice, not 1980s boomer strategies. There are exactly zero bonds you can purchase that pay a high enough coupon to net a profit after you account for monetary debasement.
The issue is not the $0 cost basis. Which $3K vs $0 almost does not matter. The issue is that OP was unable to buy the coin, this was purchased for him in 2015 for $3k and then transferred to him in 2021 at a substantially higher value. So that transfer in 2021 may be subject to scrutiny. Is it a gift? Is it income? There is likely no vehicle for holding a straw purchase until a buyer comes of age...
First of all if they are not family members, which they are not, it often adds additional constraints. Second the BTC was purchased in 2015 at a price likely around $150-$200 and transferred to OP in 2021 at a price potentially around $40,000. The transfer and hence gift or income was therefore much higher than the original $3000. The other issue is without the other party being there to corroborate this, then it makes it trickier for OP since the OPs brother friend likely also did not declare this transfer.
this is the best solution... There are some no kyc prepaid/rechargable crypto cards out there where OP can research with crypto and just live his life. Use the crypto cards to buy stuff that can be bought with them, and keep living his life and using his normal and declared fiat to buy stuff that he cannot buy with the crypto card for some reason.
The issue is not just capital gains. 1. The coin was purchased by a third party when the OP was unable to purchase coin legally. So not sure if this has legal implications. 2. The other issue is it was purchased under OP's brothers friend's name. When he transferred it to OP it may have been subject to income tax or gift tax. If it was, then OP would also owe penalties on late taxes too. 3. Any capital gains you might owe from the sale of your current coin. OP needs a lawyer and a CPA.
don't be such a clown, yourself. this isn't an all-or-nothing solution. OP claims to have $1M worth of BTC, post a quarter of that as collateral, get access to $125k. Strike Lending is the best outlet for this rn. Being responsible with leverage is critical.
Great points. Using BTC as collateral for a loan is essentially what the wealthy do too. OP should heed this advice.
Something about this post is fishy. Bitcoin in November 2019 at its lowest point was around 7300$. If OP bought 25000$ worth that would be around 3.42 bitcoin. Translated, st today's prices if you never sold it would only be 229,000~ not almost 400k.
What is the substance of this thread? 1\. "OMG HE MAKES MONEY WITH AFFILIATE" 2. "OMG HE RUNS FREE WEBINARS AND REPLAYS SAME FREE WEBINAR SO PEOPLE CAN WATCH IF THEY MISSED" If you strip away the emotions in this thread there is literally nothing of substance against Ivan here Yes most influencers have affiliate income, yes the free webinar had promotion at the end (AFTER OVER AN HOUR OF FREE VALUE). This thread is a bunch of emotional writing and badmouthing, probably gives nice karma boost as people love drama and which is fine but by being in Ivans paid programs i can say that the sentiment of the OP is very misinformed, untrue, and wrong
Ivan went from being a tech focused channel to trading and investing focused, I think the early "2017-era" fans were not happy with that change and are still crying about it EIGHT YEARS LATER Ivan has said that being too tech focused back in the day got him REKT and he learned the importance of TA haha but the funny thing is that this switch from Tech to Investing/Making Money content happened over 5 years ago!!! People still mad at him And i can partially understand the "disappointment" the OP feels at the same time Ivan made me more money than any other youtuber. And I had to learn ZERO tech for it lmao (and just like previous commenters said, Ivan saved my portfolio my yelling to SELL IN OCTOBER LAST YEAR) I would rather have Ivan yelling "SELL" at the top than him doing tech review of ETHEREUM OR IOTA for the 20th time eheh TELL ME WHERE I AM WRONG
Yeah I don't think OP has actually been following Ivan for any real amount of time. Dude was running those webinars like multiple times a month last year so people who missed one could catch the next. Calling it "bait-and-switch tactics" is honestly hilarious - they were free lol I watched one, sent the replay to a couple friends, and we all got something out of it. Did he pitch his paid stuff at the end? Sure. That's how every business works. But the actual content in the webinar was legit useful, it made me understand crypto trading way better than before. He even stuck around for the Q&A and answered my questions without charging a dime. Just saying, there's a difference between people stirring up drama and people who've actually been in the community and know what it's like.
OP you realize your post actually **doesn't** come off as sarcasm right? As in, it looks as though you actually bought and lost hard on MELANIA.
Technically but you make it sound like you're making money if Bitcoin goes down. If you offset gains taxes with losses you're still paying the taxes. So, no, the OP has not found an infinite money glitch.
OP, if you're worried with 0.19 BTC, then you don't have 0.19 BTC.
Thank you OP, I was just thinking, what if it will be 15k in a couple of weeks months, should I then dig in or not, I decided that I probably should, since I started to buy some from 114k all the way down to now, it feels a bit weird but I believe so I’ll prob buy some coins at 15k
Fake news. Posts like this drive me to Twitter, because Grok easily clarifies them. It's barely worth muting OP because he can just make new accounts.
Correct you don’t own Bitcoin if you buy the etf, but these people are purely after the price exposure. OP, depending on your country if you can get real bitcoin in a tax account that’s the ideal situation, some places you need to use an etf for beneficial tax treatment. Lot of people do a mix of ETFs and real Bitcoin.
You can check the IBIT (Blackrock Bitcoin ETF OP references) flows easily online: https://etfdb.com/etf/IBIT/ You’ll see that the past three months saw significant net outflows. This means Blackrock is selling actual bitcoins backing the ETF. In general many institutional investors are currently decreasing their bitcoin positions, that’s just a normal reaction to a higher risk environment in the markets (eg AI uncertainty, interest rates not budging in the US, Trump being Trump). You’ll see the money go into save haven assets such as gold or the swiss franc (very overvalued lately). I wish people would see bitcoin for an investment vehicle following the same laws as any (very risky) asset and less of a tea leaves reading exercise.
lmao OP pay taxes for his crypto lul.
I understood this more than whatever OP is saying lol
This is a more plausible theory than the OP's "one barber I know sold bitcoin" theory. lol
Bros barber sold $50 and OP makes a post.
Estate tax is currently at $14M in the US, states could be have more - don’t know where OP is.
I don’t think assets are lost OP probably had the key. OP never say he cannot access it.
This is OP’s alibi for the “missing” bitcoins. /s
AI slop post filled with AI replies from the same spammers. Some of the bots will try to defend OP now.
He didn’t say he’s shorting it. Just said he sold. Idk why OP didn’t correct you
Right, but you said "a bank can't close your account out of inactivity". OKX isn't a bank. So... why is what OP said about OKX relevant to me adding a bit more context about what banks can do? Listen brother, I've no interest in arguing semantics with you. I'm not really into Reddit debating. I was just adding some extra context about the fact that banks can close your accounts with no warning. What I said is factual. I don't really know anything about exchanges and what legal hoops they have to jump through. But since you didn't mention them, I didn't think it mattered. I've made one statement, and it's nothing to do with OKX, or what OP said. It's to do with what you said. That's all. If you disagree with that statement, feel free to tell me. If not, I don't know why we're doing this or what we're hoping to achieve. If it helps I can say you're right and you win or something like that?
OP insinuated that OKX asked them to forfeit their leftovers based on no grounds. That’s who I’m referring to. I know you’re not OP but we’re talking the broader picture here, aren’t we?
AI slop with AI replies from the same guy. I'll get AI replies defending OP too, maybe mass downvote.
Did I not say they can if it’s in their TOS? What I’m saying is that they can’t out of thin air, like OP is suggesting, that should be illegal.
Fair enough then I don’t know what OP is complaining about
berachain is already dead. It deleted itself. When the biggest innovation is that they wore bear costumes to all interviews, it's no wonder nobody put their assets on the chain and TVL is a joke. They're neck and neck with Cardano. You only want to be there if you launched weeks ago, like MegaETH and to a lesser extent, Monad. If it's year 2+ and Cardano ecosystem is kicking your ass, it's over. Eclipse doesn't have $2M of TVL and it's old. I laugh at Cardano, rightfully so because it's a joke. It has over $200M of TVL. Eclipse isn't a real thing. MegaETH... they couldn't even work a multisig. That is the reality of their tech skills. It's called mega eth. Might as well as be Ethereum Vitalik Vision or something ultra stupid. I get Blast and Berachain vibes from them. Cool advertising. Founders have chill vibes on Twitter. They even launched promoting some crypto money laundering game on their frontpage. Ultra hip, my fellow youngsters. I've never seen something in crypto try to launch as cool and it not be fighting Cardano for TVL in a year or so. Blast was a Top 5 experience at one point. Today its #51. Monad will probably end up like Sei, Sui or Aptos. Legitimate but always a fraction of TVL of the actual popular chains for doing stuff on. They aren't differentiated on anything that matters for adoption today. If they'd launched years ago as one of the first low cost, higher speed smart contact chains maybe they'd be really relevant right now. But they didn't so they aren't. I think long term, their chain will be the most relevant out of everything else OP mentioned. Not that it will actually be a chain with at least $1b TVL and actually relevant, but will be the most relevant on a list that includes already confirmed stinkers like bera and eclipse.
In a sense. It is easier to manage small balances by converting them into larger amounts to cover network fees and trading efficiency. By capturing and either piling or converting dust exchanges can optimize trading fees which can be much more cost effective than managing/moving small amounts directly. "Taking up space" by being spread out and causing ineffeciencies. It certainly was a loose use of a complicated concept. Additionally, we're looking at effectively zero money here. Most likely, OP has been inactive and not actively managing $0.40. Whether you support or not, the fact of the matter is these exhanges have TOS that typically legitimize and legalize the recovery of idle assets. Those things need to be understood. These days can drop a TOS into GPT and ask for highlights, pitfalls and loopholes.
I‘m with OP here. It shouldn’t matter how much you have in your account or how often you log into your account. They shouldn’t be able to close you account and seize your coins just because oft that - *unless* it’s explicitly stated in the TOS which OP probably didn’t read well enough.
OP this is a good answer. I am setting bigger cash aside to relatively buy at breakdowns. Like 60k range -> buy like $1000, 50k range buy another $1000. And 40k range buy everything you got. Sell your clothes and furniture to buy as much as you can type of deal.
Agree with you, OP is a sleezebag. He isn't fooling anyone with a self destructing blog. I call cheapass karma grabbing attempt on him.
Nope, the correction isn't done yet when we get posts like these. Corrections are only over when guys like OP start to give up. I'd sooner believe the next leg down is coming. Are you ready👀
OP said crypto is dead as a technology, and only used by speculators. You seem to have responded by recommending that people just buy more of it to speculate. Haven't you just proven OP right?
Thx for confirming the bottom OP
OP has a 6 day old account, totally human....
Lol your full “thesis” is ooga booga ramblings. “Prove me wrong before the thread self destructs” is stupid rage baiting and click farming. OP is probably unemployed but not the kind of skilled worker unemployed, they’re the “peaked in middle school” variety and almost certainly a dude.
Lol— came to link the chain comparison. OP is talking out of his ass.
OP is a known train-wreck. Judging by his post history he can barely spell, so wrote the post in ChatGPT and yet he's out here asking for debate when he barely scrapped a prompt together. And not sure where you get the 'triggered' part, just calling out his bullshit. Have a great night mate, you've made me want to order a burger ;)
Well, you have to go with what works. As an example, I saw someone put a QR code in frosting on a cake. My phone sees it as a valid QR code, but the frosting can't hold edges well enough for the QR data to scan properly. The QR codes are scannable because of contrast, not because something is black or white. The exact amount of color differentiation is what one would need to play with in order to make the idea work. Anyway, it was just an idea. It turns out others are doing things like this with QR codes as well, so it's not completely nuts - but it's not necessarily a good idea for OP to use either.
This OP is spamming this website everywhere. I'm unsure why mods pinned it.
Damn OP even repeats the same bozo comments verbatim in their own threads. Spam is OP's middle name
Hey OP, good question, I had similar thoughts at similar age. \- first, I would reverse engineer this and first search market for Bitcoin related jobs, so you know what (and even if) is in demand. I did this and found basically nothing. All jobs offerings were for shitcoins. \- the only opportunity I saw was in the mining industry, some SW and HW wallets and thats it \- to become Bitcoin dev I would argue it is too late, and even if not, I have no idea how to monetize that skill for a salary \- computer science is fine, but as I said that does not mean you get into Bitcoin industry \- Economics: yes, but beware. It has been a while I got my degree, but western economics tend to be based on Keynesian theory, the arch-enemy of Bitcoin theory, so you will get dumber not smarter. Some basics theory and concepts are there, but majority of time you will calculate bullshit equations that does not transfer into real life \- I would be too interested in this if you crack it
good, so nothing important🤌🏿 OP just could not answer it
Here's a screenshot of the thread that OP is whining about being removed: https://i.redd.it/lu002cr3slkg1.png Just a low quality 2 sentence thread that could have been posted as a comment in the daily discussion thread.
Also, the overall supply at exchange had reduced does not mean prices must go up. OP has to understand that the marginal coins from this 1.1 million that are being traded as of now determines the current price. Even if 1 bitcoin from this 1.1 million can be sold and exchanges will have to show a price for seller/buyer. The seller can say they only need 60k for this 1 coin, as a buyer you wouldn't say let's make it 70k.
I'm calling bullshit on this post. Doesn't make any sense and no response from OP to helpful replies.
Right, so like I said in my OP, this FUD has broke boys going to bat for billionaires. If $500k is suspicious, it’ll get flagged, if it’s not (it’s still logged) then it’s seen as a regular occurrence, aka rich boi. I’m not believing the “what if regular people got caught in the net for rich people” aspect when it comes to millions and billions of dollars.
Well in other news Base left OP and is going to their own, OP -20% haha
tldr; Ether.fi, the largest non-custodial crypto credit card provider, announced its migration from Scroll to Optimism's OP Mainnet, moving over 70,000 cardholders and $160M in TVL. This shift significantly impacts Scroll, as Ether.fi Cash accounts for 85% of its TVL. The migration highlights Optimism's deeper liquidity and mature DeFi ecosystem. Scroll's remaining TVL could drop below $30M, raising concerns about its ability to retain major DeFi applications. The move reflects a trend favoring established Layer 2 chains over newer alternatives. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
HODL OP no matter what. Don’t ever panic sell it. You made a long term decision (I hope)
OP says he sold all his stocks and puts it all in Bitcoin and you think that’s a smart move. You’re not smart, neither is he. And I’ve been trading since 2008. Get bent
OP joined in 2023. If they haven't figured it out in the last 3 years then 🤷
How about now? Lol. Dropped another 25% since this was posted. Is $OP cooked?
OP certainly didn’t misgender anyone. That’s your personal ideology.
OP isn't the one asking, OP is the one responding to a question with an incorrect answer that misgenders Lyn. Misgendering people falls under the category of not embracing their humanity.
The actual article title ‘Saylor says Strategy can survive Bitcoin crashing to $8,000’ What OP posts: ‘Saylor confirms Strategy will survive Bitcoin crashing to $8,000’ There’s neither confirmation nor certainty
Unless OP has vast financial resources outside of crypto, ***THIS*** is the correct answer. Use the money for your fortress of solitude. Absolute security from any "normal" financial worries. Leave the 10 BTC untouched in cold storage in the event it goes to $2 million per BTC, and/or the world financial system goes to ruin. You will be making a handsome income off that banked $20 million, and if you live normally (you should) you can still buy back in every month with your spare change. Never ever ever EVER touch that $20 million that is generating the cashflow.
I like how OP sounds excited... he doesn't realize it's not to add legitimacy to anything. Its genuinely because Don Jr and his brother in law are invested into stable coins. Trump has made $100s of millions in the last year alone on TRANSACTION FEES. not the cryptocurrency itself. He could care less about the value itself, its the transaction fees that are a gold mine. Especially in times of FOMO. each sell and purchase incurred a fee... Now if there was a legitimate reason and for the betterment of cryptocurrency and the infrastructure... I am on board. However that is not what it is in any scenario. Plain out it's another grift that he is doing in front of everyone, out in the open do that makes it 100% ok with his followers. The problem is when you commit fraud in secrecy and don't involve your buddies, then it is highly illegal.
Keep it in a cold wallet. Congrats OP.
I'm not understanding what OP is getting at. Are you suggesting one of the primary ultimate uses of the btc protocol is to serve as a currency exchange for fiat? Or if btc is just better a better potential medium than existing exchanges? Sorry its late for me, I'm just straight up not understanding.
I got really lucky, literally dumb luck.. I DID make $ fast, less than 6mo and I made about 55% profit on my total btc investment, again I WAS LUCKY. OP is right this is not a get rich quick scheme/situation unless you have inside knowledge ( 😂 ) or you happen to get very lucky like I did. Keep stacking and stop trying to time the market lol, just DCA and HODL your stack!
The fact you said horseshit vs dogshit and a couple other dismissive or odd things has already closed the option for a discussion. You are not willingly able to have that, its not about just what you said. Its your attitude. Jumping to assumption or just risk = bad and you could've made an actual good point about this but you didnt. We can only talk, its up to the OP on their risk management and decide if they want to. Youre comfy VTI is a fallacy argument and not the strategy of everyone. Instead of explaining, you say nah, vti. There's no meat, no oomph. You just look like a butthole lol.
He funded bitcoin core, which is already exposed as malevolent because of the whole OP_RETURN debacle. If miners start getting on knots or something we'll be a ok.
I hate to break it to you, OP, but we're all dead.
And I gave OP the correct answer to his question: VTI and chill.
OP is like 15 years out of date on how BTC can be mined on a laptop
Hey OP, I help clients put Bitcoin Inheritance plans in place and to document your portfolios, heirs and recovery. Would be good to chat.
Yeah it's a pretty useless case OP is making
You are correct. So OP is asking what do the insiders know that we don't?
Clickbait title guys. Its nothing to do with CZ, OP just used CZ for baiting us
Lmao > Opinion > Asks a factual question > The *answer* So is it or is it not an opinion, OP? ...it should be a requirement to proofread before posting.
> OP is a shill for Wesatoshis Yup. Just checked their post history. Nothing but thinly-disguised ads.
OP is a shill for Wesatoshis. If you keep your private key safe in the first place, then you don't need to detect in real time if your coins get stolen.
OP I think you'll enjoy this -> [https://bitcoindeaths.com/](https://bitcoindeaths.com/)
Well said OP, and now although BTC may once again go (most likely) make new ATHs it does not invalidate what you have described. Anyone denying the facts stated above is too married to their crypto investment.
I'm talking about the Scott Melker crypto town hall the OP is referring to.,
Dont understand the downvotes for this question? Obviously its clear from my post i intend to A: not buy as much as OP (not my main investment) and B: I intend to hold for 10 plus years. I am questioning why it would be considered "alarmimg" for someone at 50 doing this, as opposed to someone younger holding for 10 or 15 years??