Cryptocurrency Contents Archive

The more time I spend in the Market, the more I gravitate towards BTC/ETH exclusively.

I started investing during the 2017 bullrun. Got caught up into the hype and spent an unreasonable amount of money into altcoins. Sadly did not invest in BTC & ETH because I've been told they won't get you 1000x returns... Greed took over. Fast forward a few months. Practically all of my altcoins were sitting at 95% losses or more. Most of them are still dead to this day. BTC/ETH? Still standing strong, recovering after every bear market & reaching new ATHs every cycle. I've seen this play out many times. Shitcoins come and go (EOS, NEO, NANO anyone?). You can definitely get lucky with some, but I learned the hard way that DCA'ing BTC (& ETH) is far safer & a better long-term investment strategy than dropping money into shitcoins expecting 1000x returns. Today, I only hold BTC/ETH. Anyone on the same boat?

🇺🇸 Arkansas passes bill protecting right to mine 👀 🙌

This is what happens every time I buy gas with bitcoin using my Coinbase card. It takes $100 and refunds the difference.

The longer you are in Crypto, the faster you realize BTC/ETH are the way to go

As a Crypto-Veteran that survived 2017/2018 and still lost a sht ton of money i want to tell you to always build a strong and fundamental portfolio with BTC and ETH in the first place. I lost alot of money chasing the next btc/eth. Who dont remembers the moonshot calls from the wannabe Crypto traders. For example REDDCOIN. Invested 2k rest now 60 bucks. With no liquidity. Other example: IOTA Lost alot of money on this one cuz i thought DAGS would be the new BTC that will reach 20k per coin. (understand marketcap too btw.) I was a dougebag for thinking like that. After 2020 i said to myself, fck alts i rlly need to build a solid BTC and ETH portfolio. So i started. Just a Quick but big reminder, please atleast do 60-70% btc / eth and the last 30% u can gamble on your moonshot calls. I know some ppl say (but its not much when i invest 10 $ per month. Trust me it adds up aloooot. Cheers, ur Crypto buddie

Do Kwon no longer has a home!

Do Kwon, the founder of Terraform Labs, reportedly sold his house and converted much of the proceeds from the sale into Bitcoin. As a result, South Korean prosecutors called on Binance to block all of its crypto transactions. According to the KBS daily, South Korean prosecutors have asked Binance to block all transfers initiated by Do Kwon. The goal is to prevent him from liquidating the proceeds from the sale of his house. According to prosecutors, the total assets seized from Terra Luna executives, including Do Kwon, amount to $314 million. Unsurprisingly, the fallen entrepreneur alone held $69 million of the seized assets. “Prosecutors are actively searching for the assets of those involved so they can seize the astronomical sums that Terra earned them,”

Crypto adoption truly is in the infancy stages

I am personally so caught up in everything that is crypto that most of the time I fail to realize how many people still have no clue what a Blockchain is or how to even invest. I was thinking about all of my friends, family and casual acquaintances, and as far as I'm aware, two of them outside of me invest in crypto. The rest have no clue and don't care... Yet. There is insane room for growth. Blockchain technology is going to grow exponentially, which makes me believe that BTC can definitely hit a million per coin, and even more. How is the crypto exposure within your personal circle? Are you a minority within the circle or is your group like-minded? I'm genuinely curious.

Historical Bitcoin price fractal hints at rally toward $50K

Worth holding or selling?

Hi all, I haven't seen a similar post and looked for a while. I gambled, won $600 pulled out, and sent it to my coin wallet. I now have $550 something in ETH. I don't know anything about crypto and decided to buy into ETH since I didn't know the rest. Would anyone recommend leaving the $550 in there for however many years/months or even selling at its highest peak? Or just taking the win and sending it to my bank account. Thank you all

Robinhood Faces $10.2M Penalty From Multiple U.S. States Over Technical Failures, Investor Harm

What should I do with these ??

The narrative of "tourists" leaving the crypto environment forever isnt't helping adoption

In bear markets, this space gets rid of tourists (a quite derogatory term for a crypto investor who only came during the bullrun to make a quick buck, but then loses faith in the space and leaves it forever). If we want crypto to grow, more people must stay in this space and not leave it! We want mass adoption? More people have to stay. Imagine going on vacation, you're a tourist and visit a certain location. If this location isnt interesting, you will never re-visit ever again. - Does this location offer delicous food which is relatively cheap/ affordable (gas fees?) - Does the city/ landscape offer unique shops, museums, sights, casinos (hehe!), point of interests? (many dApps, actual usecases) - Is this place safe? (no rugpulls, decentralized, no downtimes) - Is the location even fun? (more fun crypto games are needed!) The crypto environment must be more user friendly, less cash-grabbish and more intuitive.

Does anyone here only trade/invest BTC pairs? And is it a good strategy?

I recently read an old post here of someone who seemed really experienced in crypto, one of his tips was to only trade alts (including ETH) with BTC pairs and make ending up with more sats (BTC) your long-term goal. Now the strategy seems to be helpful because then you'll find out whether you'd be more in profit if you held BTC or by buying that alt, personally my biggest profit so far comes from buying btc at 21k( I'm still in red overall though). It'd be good to be constantly reminded that BTC can yield a decent profit. However, my problem lies with executing this strategy, it's kinda hard to start using sats as your base currency while trading instead of USD. Everyone speaks in $$ in the space, and it'd be confusing to calculate your profits/ losses if you go about it this way. What do you think about this strategy r/cc ?

Historical Bitcoin price fractal hints at rally toward $50K

Arkansas Passes Right-to-Mine Bitcoin Bill

Texas moves to create gold-backed digital currency