Cryptocurrency Contents Archive

Former SEC Chair: A Security Today May Not Be a Security Tomorrow

SEC calls for enhanced scrutiny on crypto assets

Coinbase CEO Slams SEC, Says Gensler-Led Agency Caused Untold Harm to the US

Don't Panic

Hello fellow Bitcoiners. Over the next several quarters, perhaps even a year or two, the ongoing liquidity crisis engineered by the Federal Reserve will heavily surpress the fiat-denominated price of Bitcoin. This price suppression will be further excacerbated by the usual consolidation phase we see in the shadow of a new ATH. This activity, in light of the central banks' efforts to develop and implement their own heavily controlled digital currencies, could very well make this coming consolidation phase the most significant opportunity to accumulate bitcoin that we have seen in many years, and may not see again in our lifetimes. Personally I will be accumulating as much as reasonably possible while minimizing living expenses. Obviously this does not constitute investment advice, and you are responsible for your own actions in the coming months. Best of luck and remember, don't panic. gta3uzi, 2023-04-21

How much security is enough for you?

Hot wallet, cold wallet? (Of course cold!) Do you split your coins across multiple wallets to reduce the risk or group them together where possible? Do you use a separate device to interact with your wallet to reduce the chances of malware on the device that you your for Crypto sending/recieving? Have you moved to a new wallet to have a clean slate etc. The beauty of cryptocurrency is that we take ownership of a lot of the security, we can choose how little or how much. What label of convenience we need, or how much security we are willing to stick to. Interested to hear all of your views. Naturally, not your keys not your crypto! I don't split my coins, so coin A is all in the relevant cold wallet etc. I have wanted to setup a secondary device purely for crypto management, but not gotten round to it. Maybe you can all make some suggestions that we can all learn from

No exit as strategy

There are lots of strategies to accumulate crypto and DCA is a very solid one. A fair question is how a good exit strategy could look like. The best solution by now is to DCA till the peak of a bull run and sell at top. Surely it's hard to tell where the top is, but with a bit of tolerance and if you're not to greedy it sohould be manageable to het some nice gains. But another strategy could be to just not exit at all and keep DCAing. If mass adoption happens and crypto becomes a widespread accepted currency there is no need to exit at all. The only question left is when does this happen? Some countries and cities already start using crypto and it becomes more and more known by people and the tech improves the longer the more. How long did it take for the Internet to become that popular? I think we need another 2-3 bull runs until we reach that point, but I'm sure it will come and we should be prepared for it.

How Can Customers Limit Their Losses if an Exchange Collapses?

If there were zero taxes globally on crypto - would it be fair to say mass adoption would happen overnight ?

So as we all know with crypto currencies most of us are interested in being the owner and custodian of our own money, currently one of the biggest issues with crypto is the taxes that are due when cashing out, be that via a KYC’d exchange or potentially when paying for something using crypto. If there was to be a global standard of let’s say 1% levied against every crypto transaction regardless of size, regardless of what said crypto was bought for (and subsequently sold for) how would that change the playing field compared to how it is now, specifically for YOU personally if this scenario were to happen how would your approach to using crypto in daily life change? To make the question more interesting, how about we discuss 1% tax, 5% tax and 15% tax scenarios. For me at 1-5% tax I’d be happy to be paid in crypto and to pay out for everything in it.

Taking profits

Hey all, I was hoping to get some advice and opinions on taking profits. I unfortunately started buying right around the all time highs of the market, and then had some financial issues so I was unable to DCA for a while. Luckily this worked out in my favour and I missed buying almost the entire fall back to the bottom and was able to average down to the extent that I'm in profits now. My original plan was just to sell half of each of my holdings when I hit 100% profits and then sell a quarter at every 50% increase from there, while buying the dips with my profits. I plan to hold as long as I need too and these dips don't bother me at all, but I am wondering if waiting for 100% profit before selling is being a little greedy. For example I was up over 50% on MATIC not too long ago and am now back at 2% profits. What do you all do? DCA out at smaller intervals or just hold until the halving? Thanks in advance for your suggestions!

GET BITCOIN FIRST, FALL IN LOVE LATER.

European Parliament Overwhelmingly Passes Sweeping Crypto Asset Regulations – Here’s What’s Next

Crypto Influencer Blows Off FTX Court Hearing, Mocks Lawyer With Pig Pic

I hate that guy so much. May this will land his ass in jail finally.

What Stage of Bitcoin Are You In?

U.S. crypto exchange Coinbase secures Bermuda licence

Shibarium BETA TVL soars; Stable-coin staking outpaces $SHIB deposits to the platform as investors from outside the SHIB-ecosystem take advantage of the generous rewards offered without lockups and with high degree of safety