/biz/ - Business & Finance

or you will get affected by Bitcoin Derangement Syndrome forever
did you get rekt? it happens, learn from it
but don't become mad and salty when BTC recovers and your shitcoin doesn't
embrace BTC
embrace self-custody
lower your time preference
read The Bitcoin Standard
read The Fiat Standard
be humble
don't try to get rich quick, you will get scammed again and again
this is a survival game and BTC will be the last coin standing
it's not too late, BTC is at a huge discount right now
you will never see those prices again in a few years

>>52376668
and that's a good thing
BTC only, self-custody, it's the only way

stop gambling on shitcoin
buy btc at any price
self-custody
and you will be fine

>shitcoins are not engineered to kill central banking, they are engineered to transfer your money to a few insiders, preminers, scammers and venture capitals - they will cashout and dump on you
>FIATs like USD/EUR/GBP are all fake, printed out of thin air, unlimited supply, permanently bleeding SHIT-CURRENCIES
>BTC is engineered to attract (futile) attacks by central bankers, governments, mainstream media, keynesians and parasites cause it makes them all irrelevant
>BTC has no top cause all FIATs have no bottom
>BUY ON SPOT MARKETS ONLY
>NEVER USE DERIVATIVES like futures and options, they are just USD-only trading on fake paper-BTC, they dilute the supply canceling the scarcity effect, kill the price discovery, and help market manipulators to keep the price down with naked short selling
>when you keep your money inside an EXCHANGE you are getting SCAMMED with FRACTIONAL RESERVE and you are exposed to risk of CONFISCATION
>NO KEYS NO PARTY, use hardware wallets, move your coins into cold storage, BACKUP your keys/seed
>NEVER TRUST CENTRALIZED PARTIES (exchanges, banks, custodial services, lending platforms, centralized shitcoin wraps like WBTC)
>CBDC (central bank digital currencies) are a SCAM, central bank rugpulls, they will lose value even faster, kill your privacy, restrict your ability to freely spend your money
>DO NOT SELL WHEN THE MARKET IS TRYING TO SHAKE YOUR POCKETS, BUY MORE
>don't try to time the market, 50% crashes are normal, do not leverage, 2X long leveraged traders will get wiped out
>DO NOT SHORT, LONG LEVERAGE, SWING (or you will lose it all)
>BTC is not a get-rich-quick scheme, it's a don't-get-poor-slowly scheme
>run a full Bitcoin Core node, don't trust, verify
>CoinJoin
>use non-custodial LN wallets for small tx
>don't think it's too late, it's never late, FIATs will always keep bleeding purchasing power
YOU ONLY HAVE ONE TASK, BUY SPOT AND KEEP YOUR PRIVATE KEYS SAFE AFTER WITHDRAWING YOUR BTC INTO COLD STORAGE
DON'T FUCK IT UP ANON