[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 105 KB, 676x643, 1613587667033.png [View same] [iqdb] [saucenao] [google]
30356196 No.30356196 [Reply] [Original]

>it's stimmy season, market buy
>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, not different than erc20 rug pulls, a digital equivalent of fake printed out-of-thin air FIAT money
>every project shilling FIAT CBDC or bad traditional finance derivatives is a scam
>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 trust services like paypal, or other "you cannot withdraw your btc offline" services
>don't wrap your btc (wbtc and similar are scams, you give away your private keys, while you baghold 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
>0.1 BTC is 10M satoshis, you will regret one day thinking 0.1 BTC was too little to own
>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.30356393

>>30356196

We can do it Reddit!

>> No.30356410

>>30356196
*chainlink

>> No.30356480

>>30356410
*BTC, ETH and LINK

>> No.30356487
File: 199 KB, 1920x1080, 1612300649987.jpg [View same] [iqdb] [saucenao] [google]
30356487

>>30356393
go away nigger

>> No.30356505

>>30356196
99% of /biz/ is priced out of ever owning a full bitcoin lmao! They would rather test their luck on random shitcoins. It's a psychological thang

>> No.30356535

>>30356505
satoshis are still cheap

>> No.30356562
File: 107 KB, 960x540, go back to reddit.jpg [View same] [iqdb] [saucenao] [google]
30356562

>>30356196
>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
literal normie
ngmi

>> No.30356588
File: 84 KB, 736x933, reddit-alien.0.1521130548.png [View same] [iqdb] [saucenao] [google]
30356588

>>30356196
good morning reddit

>> No.30356628

this is the only guy on biz giving solid advice

>> No.30356630
File: 1.81 MB, 1129x7900, joke.jpg [View same] [iqdb] [saucenao] [google]
30356630

>>30356196
>DAILY REMINDER - YOU ONLY HAVE ONE TASK, BUY AND HOLD BTC
No thanks

>> No.30356723

>>30356588
kikes, nocoiners and shitcoiners seethe
>>30356630
tether fud is over nyag found nothing, made a small fine and that's it
you can do better retard

>> No.30356900
File: 731 KB, 768x960, theterroristchad.png [View same] [iqdb] [saucenao] [google]
30356900

>>30356723
>tether fud is over nyag found nothing
You mean they found that tether was 13% backed rather than the already-abysmal 70% backed

>> No.30356925

new and poorfag here. does putting 100$ into btc even make sense?

>> No.30356951

>>30356900
13% backed
wow that's a lot
reserve ratio for banks to give out loans is ZERO PERCENT since march 2021

>> No.30356978
File: 2.13 MB, 2018x2700, pennyjuniors.png [View same] [iqdb] [saucenao] [google]
30356978

>>30356925
No; if you're going to gamble with your money, put it in a junior mining stock. BTC is not only a fundamental scam but at best you can expect a double at this kind of market cap.

>> No.30357009

>>30356925
>100$
210787 satoshis

>> No.30357028
File: 180 KB, 1100x1100, alasdair macleod bitcoin.png [View same] [iqdb] [saucenao] [google]
30357028

>>30356951
Tether is treated as equivalent to 1 USD and that's how the pump works, don't deceive people mate

>> No.30357043
File: 17 KB, 640x492, me-not-tryna-have-a-bad-day-a-bad-day-tryna-have-me-EciqI.jpg [View same] [iqdb] [saucenao] [google]
30357043

>>30356196
>tfw got the billfodl + bitbox02

Nobody can freeze it, nobody can take it. Even if the box breaks, how the fuck is a metal plate going to break?

>> No.30357106

>>30356535
Dirt cheap but you can't tell these poorfags anything

>> No.30357120

>>30357028
>don't deceive people
tether is an irrelevant shitcoins backed by an irrelevant unlimited printed out-of-thin are shitcoin
fiats are fake money, they don't matter

>> No.30357236
File: 146 KB, 800x800, 1614387465748.jpg [View same] [iqdb] [saucenao] [google]
30357236

>>30356925
poorfag 2 here. dont know. satoshi poster >>30357009 is right. dont view it as BTC but as satoshis. your 100€ will be doing better in BTC than in your bank account. and you will have a reason to keep up with crypto and the market.

>> No.30357271

>>30356196
>p-please pump my 58k bag
lmao
The only reason to buy BTC is if you don't know about other crypto projects.

>> No.30357329

>>30356196
You know the normies anon. They won’t buy the correction but look at them fomoing in when we break atha.

>> No.30357363

>>30357120
>tether is irrelevant
>annualised printing rate higher than the Fed
>13% backed but treated as 1 USD
>completely irrelevant though, buy Bitcoin!

>> No.30357374

People need to get over the price of bitcoin.

You're not really buying a $50k coin, you're buying a share of a trillion dollar monetary network that will keep growing to 2, 5, 10 trillion or more.

>> No.30357390

>>30357271
Give me one (1) example of a technical limitation of bitcoin and one (1) example of an alt coin that addresses it

>> No.30357393 [DELETED] 

> Want to sleep
> Making bags
> Getting in $MCM

Woke up with gains

>> No.30357442

>>30357271
>p-please pump my 58k bag
try again
>>/biz/thread/S23434596

>> No.30357494

>>30357374
woke anon

>> No.30357504

>>30356480
It’s the /biz/ holy trifecta for a reason.
Imagine on a board with so many dissenting opinions and anonymity, no one can unironically refute against this.

>> No.30357546

>>30357390
You know exactly what they are.
I am not here to waste time explaining someone why they shouldn't waste their money.

>> No.30357588

>>30356480
Correct answer.
Don't care what none of you cunts have to say, it's this and always has been.

>> No.30357602
File: 225 KB, 1000x1000, cheer.png [View same] [iqdb] [saucenao] [google]
30357602

>>30356196
based btc maxi, always good to see your daily thread

>> No.30357630
File: 17 KB, 750x500, 1585808352607.jpg [View same] [iqdb] [saucenao] [google]
30357630

>>30357546
I figured as much. Shut the fuck up

>> No.30357645

>>30357271
BTC is the investment, all other coins are speculative, you fucking retarded newfag. Go back to WSB.

>> No.30357650

>>30356196
Oh but i am 100% in bitcoin. And i am using derivatives to get MORE exposure.

>> No.30357675

>>30356630
>>30356900
>>30356978
>>30357028
Imagine still fudding Bitcoin.

>> No.30357703

>>30356196
Sure anon! I will buy BTC to have a huge profit of 15% of my investment 6 months from now! That's great! Upvoted!

>> No.30357746

>>30357645
>I """invest""" into something with 0 utlity
please do

>> No.30357800

>>30357746
>makes imf sdr and bis irrelevant
>0 utlity
ok bro

>> No.30357809
File: 679 KB, 1000x1187, ChadSilverInvestor.png [View same] [iqdb] [saucenao] [google]
30357809

>>30357675
Imagine still buying it

>> No.30358004
File: 95 KB, 711x589, gme-calls.png [View same] [iqdb] [saucenao] [google]
30358004

>>30357809

>> No.30358150

What is this tether scam? Isn't tether a stablecoin tied to the US dollar?

>> No.30358230
File: 192 KB, 900x950, bartchiltonmanipulation.png [View same] [iqdb] [saucenao] [google]
30358230

>>30358004
Keep serving the banks while real men are buying silver and fighting the revolution

>> No.30358288
File: 132 KB, 598x413, 24987266-727B-40F8-A4E4-69E18F1CD622.jpg [View same] [iqdb] [saucenao] [google]
30358288

Lately I’ve become very interested in the best ways to secure crypto assets/private keys/etc. What do anons recommend for storage and safety? This extends beyond key security and goes to general cyber security.

>> No.30358369

>>30358288
get a dedicated mini-pc with qubes and run a full bitcoin core node in one vm

>> No.30358424

>>30356196
I followed this mindset for an easy 40x over the last few years. Especially if you don't know what you're doing, this should be your strategy. Good shit OP.

>> No.30358575

>>30357703
How does one million dollars sound?

>> No.30358621

>>30356480
I'm 100% in LINK because I'm a retard but I recognize that this is the optimal portfolio.

>> No.30358689

>>30357390
Oracles. There you go fuckwit

>> No.30358696
File: 815 KB, 2638x1368, hal on btc.png [View same] [iqdb] [saucenao] [google]
30358696

https://soundcloud.com/yeethewarlock/sacred-economics-ep-1-macro-101
https://soundcloud.com/yeethewarlock/sacred-economics-ep-2-supply-issuance
https://soundcloud.com/yeethewarlock/sacred-economics-ep-3-pertinent-scalability
https://soundcloud.com/yeethewarlock/sacred-economics-ep-4-time-space-energy-and-us

IN PHYSICS, ENERGY IS A PROPERTY OF MATTER. IT CAN BE TRANSFERRED BETWEEN OBJECTS, AND CONVERTED IN FORM. IT CANNOT BE CREATED OR DESTROYED.

BITCOIN FUNDAMENTALLY CHANGES HOW HUMANS INTERACT WITH ENERGY AND THUS FUNDAMENTALLY CHANGES HOW HUMANS INTERACT WITH TIME AND SPACE. PEG YOUR TIME TO AN ASSET THAT VERIFIABLY INCREASES ITS WORTH THE MORE ENERGY IS SPENT ON IT. YOU WILL FIND YOURSELF INVESTING MINIMAL TIME NOW FOR MASS FUTURE EXPANSION OF GROWTH, GIVING YOU ‘FREE’ TIME. THE ONLY COMMODITY WORTH A DAMN. BITCOIN IN MANY WAYS IS A CLOCK WITH NO HANDS. A DECENTRALIZED WAY TO DEMARCATE TIME WITHOUT A CENTRALIZED STANDARD. ENCOURAGE THE INDIVIDUAL IN ORDER TO RAISE THE COLLECTIVE. WE CANT CREATE ‘LOADS’ OF INEFFICIENT ENERGY, THAT DECREASES EVERYONES WORTH AND DOES NOT ENCOURAGE FAIR GROWTH. HUMANS ARE OBSERVERS, WHERE WE LOOK PLACES THE ELECTRON. WE DICTATE MASS IMPLICATIONS TO THE VARIABLES OF THE ENERGY EQUATION OF THE UNIVERSE. BITCOIN’S HASH RATE IS AN IRRATIONAL NUMBER MUCH LIKE PI OR PHI. WE KNOW EXACTLY WHERE IT IS, BUT WE CANT DEFINE IT WITH AN EXACT POSITIONAL INTEGER.

HUMANS ARE ANTENNAE AND WHAT WE TUNE INTO DICTATES HOW WE ACT. WE PERPETUATE THESE SYSTEMS. FIX THE MONEY, FOCUS OUR ENERGY, BEGIN TO EXPLORE THE STARS IN PEACE AND HARMONY.

>> No.30358754

>>30358696
is there a version without the weird noises in background?

>> No.30358865

>>30358696
>btc
>payment system
Pick one.

>> No.30358944

>>30358865
Here we go again, https://archive.is/Wc98t
Oh and yes, fuck off Scamtoshi fags, https://archive.is/T9AB4

>> No.30358981

>>30357390
scalability

>> No.30359436

>>30358981
>scalability
how about decentralization?
nobody will run a node if you make transactions faster and cheaper

>> No.30359652

>>30356480
XRP*

>> No.30360708
File: 1007 KB, 900x900, untitled(2).png [View same] [iqdb] [saucenao] [google]
30360708

>>30359652
how about NO?

>> No.30361030

>>30356480
I’m 55% btc 20% eth and 25% link. Link would optimally be closer to 10% for risk aversion but Ive been holding since $2 and link slowly crept up from like 2% lmao

>> No.30361451
File: 2.58 MB, 1712x2103, 1614975971138.png [View same] [iqdb] [saucenao] [google]
30361451

>>30361030
throw your Eth into BTC. grab some Algo.

>> No.30362714

>>30356196
00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000

>> No.30363218

>>30356925
yes, but you're even better finding shitcoin pairs that are down for the month. Like another anon said in the short term your btc at best will 2x, whereas hot garbage like link could take off any time

>> No.30363404
File: 295 KB, 512x326, AMPpepe.png [View same] [iqdb] [saucenao] [google]
30363404

AMP hodler here. Am I gonna make it?