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/biz/ - Business & Finance

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30000781 No.30000781 [Reply] [Original]

>don't try to time the market
>don't sell your btc to billionaires for cheap
>50% crashes are normal, get used to them
>DO NOT SELL WHEN THE MARKET IS TRYING TO SHAKE YOUR POCKETS, BUY MORE
>don't think it's too late, it's never late, FIATs will always keep bleeding purchasing power
>don't short (or you will lose it all)
>don't long with leverage (or you will lose it all)
>don't swing (or you will lose sats)
>JUST BUY BTC, HOLD FOR A DECADE, AND KEEP YOUR PRIVATE KEYS SAFE, OFFLINE
>don't keep your btc in an exchange, buy them and transfer/store them offline immediately, safely, do 100 backups of the wallet.dat or the seed key, again offline
>CBDC (central bank digital currencies) are a scam, a complete FRAUD, a digital equivalent of fake FIATs money
>every project shilling FIAT CBDC or bad traditional finance derivatives is a scam, DERIVATIVES ARE PURE GAMBLING, STAY AWAY
>sats is all that matters, all shitcoins bleed to zero in the long term, if you don't trust me, check 2017-era shitcoin mothly charts
>don't get scammed by easy money advertisements
>don't trust services like paypal, or other "you cannot withdraw your btc offline" services
>don't wrap your btc (wbtc/sbtc/tbtc/renbtc and similar are scams, and they will run away with your private keys, while you will be bagholding a worthless erc20 shit-token)
>don't buy btc with funds like grayscale, you have to pay a premium and you are not even sure if they are 100% backed by btc, high risk of fractional reserve and no key ownership, same with us equities / stocks with BTC in the balance sheet like MSTR, you get only partial exposure and you are basically buying with fractional reserve, JUST BUY BTC
>i was buying below 1000$ and i will still keep buying above 40k/50k/100k
>YOU NEED 56 MILLION SATOSHIS (0.56 BTC) TO BE IN THE TOP 20% OF BTC HOLDERS
>BTC is not a get-rich-quick scheme, it's a don't-get-poor-slowly scheme
YOU ONLY HAVE ONE TASK, BUY AND HOLD BTC
DON'T FUCK IT UP ANON

>> No.30000901

>>30000781
I added 0.25 on yesterday’s dip and I’m super happy about it.

>> No.30000922

Based

>> No.30000969

fucking BASED

>> No.30001562

'HODL'ing anything is a mental illness. It's like hoarding, but with digital 'assets'.

Being THAT attached and clingy to BTC is feminine behaviour. It'll only get you FUCKED in the long-run.

>> No.30001666

>>30000781
0000000000000000000000000000000OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>> No.30001775

>>30000781
This. Based AF.
May my dubs confirm.

>> No.30001833

>>30000781
OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>> No.30001933

Dog shit

>> No.30001950

>>30000781
I invest my sats in projects I believe are undervalued relative to the crypto market. Just because it’s a deflationary currency doesn’t mean it’s never worth using to invest.

>> No.30002025

always do the opposite of what /biz/ says

>> No.30002360

>>30001950
but you take profits in sats after, right anon?

>> No.30002972

always very cozy threads. i don't even have half a btc but i still feel comfortable in here knowing that i will certainly be less poor in the future

>> No.30003008
File: 251 KB, 495x413, ooooooooo.png [View same] [iqdb] [saucenao] [google]
30003008

>>30000781

>> No.30003069

What's the safest and fastest crypto for converting gains from margin trading from Binance and transferring to another exchange/wallet? I was thinking about using DAI because it's a stable coin available on most exchanges and you don't have to worry about slippage or anything like that, but I've never had any before and I don't know how slow the transactions are. XLM seems good, but the memo system makes me uneasy, and I don't know any other tokens that I'd feel comfortable converting into.

>> No.30003103

I have .53 BTC and i feel like its not enough, give me some hopium while I continue to dollar cost average bros

>> No.30003157

>>30003069
LTC is best for transferring value across exchanges in my opinion

>> No.30003390

>>30003157
BTC is best for transferring value directly into cold storage

>> No.30004251

>>30003157
I'll take this into consideration. Maybe I'll just do a test run with like BCH, XLM, LTC, and DAI and see which is the easiest to deal with. Thanks.
>>30003390
I was planning originally to just buy BTC with the gains, but I'd rather do that on Gemini or CB Pro since I am a burger and I don't trust CZ with my BTC.

>> No.30004368

No, I'm all in on BNB

>> No.30004394

>>30000781
Don't look now, but BTC is surging.

>> No.30005150

Can't. Need to trade shitcoins to get 1 corndog minimum.

>> No.30005380

>>30003069
>>30003157
>>30003390
Curious what people think about using Algo to transfer

>> No.30005717

>>30005380
If I had to guess any of the projects that sell themselves as being good for fast and cheap transfers are ideal. XLM was my preference for this reason, but I don't like that there are two different addresses for each transaction, and that tracking the transactions on the blockchain scanners is difficult.

>> No.30005853
File: 1.20 MB, 250x231, Laughs in German.gif [View same] [iqdb] [saucenao] [google]
30005853

>>30000781
>tfw got my sats up to 0.44 BTC thanks to the FUD dip
>tfw full on BTC maxi
WAGMI

>> No.30005915

>>30000781
SEE >>30000000

>> No.30005961

>only .35
I'm ngmi...

>> No.30006048

Based anon, I'm glad I learnt my Bitcoin lesson when it was sub $10K. Most of the cryptokiddies will realise Bitcoin is king when it settles at $80K

>> No.30007834
File: 246 KB, 1690x640, Bitcoin Wallet Distributions.png [View same] [iqdb] [saucenao] [google]
30007834

>>30005961
>0.35 btc
>thinks he's ngmi
How does $350k when btc reaches 1 million sound?

>> No.30007901

>>30007834
are the 3 6-7 fig wallets the Satoshi wallets?

>> No.30008164
File: 83 KB, 768x624, 1614125963922.jpg [View same] [iqdb] [saucenao] [google]
30008164

>>30007834
>he thinks BTC will reach 1mil

>> No.30008215

>>30008164

>he think Bitcoin will reach $1000

>> No.30008272

>>30001562
I've been holding btc for 6 years
the only FUCKED I've been is from the whores in pattaya
nocoiner faggot

>> No.30008357
File: 2.06 MB, 2160x1884, 1614537002588.png [View same] [iqdb] [saucenao] [google]
30008357

>>30008215
Bitcoin has peaked mate. It was a good run while it lasted but it's only going to decline from here. Bitcoin is not the same as it was in 2013, 2017, etc. Your mindset is literally pic related

>> No.30008370

As an avid shitcoiner, everything I do is to acquire more sats.

>> No.30008507
File: 112 KB, 250x242, Bullshit_but_I_believe.png [View same] [iqdb] [saucenao] [google]
30008507

>>30007901
Satoshi's wallet is allegedly 1 mil btc, which would potentially make him more wealthy than Rothschild kek.

>>30008164
It's only a matter of time before it reaches 100k, and then 250k, and so on and so forth. Do you have a more realistic target Anon?

>> No.30008565

>>30007901
>>30008507
Anons... Hal Finney is dead

>> No.30008628

>>30008357

...and your reason for this is? You gotta back your statements up, or they will just be ignored.

Bitcoin is at ATH interest and Hashrate, nothing indicates it is losing traction. Lots of dumb money is entering the space, pumping the price. Be the chad that dumps on these fools, or not

>> No.30008983
File: 95 KB, 436x600, Esoteric Pepe 1.jpg [View same] [iqdb] [saucenao] [google]
30008983

>>30008370
Then you were never a shitcoiner. You clearly see stacking sats as the better investment, you just use shitcoins as a strategy to stack faster. I'm too brainlet to pick the winners like that, so I'll stick with the slow and steady lmao.

>>30008628
>he doesn't know
https://www.alcor.org/2014/12/hal-finney-becomes-alcors-128th-patient/

>> No.30009051

>>30008983
Fugg, meant the link for (you)
>>30008565