Thanks to this bear market I joined the 21 million club!!!! 🥳
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[Serious] It seems like it's common advice to not leave crypto on an exchange and keep it in a cold wallet. Doesn't that create a whole other set of insecurities?
I understand the risk of keeping crypto on the exchanges, as many have collapsed before and many will continue to collapse. But is it really safer to keep it in a cold storage? If I have a serious amount of crypto (say $1,000,000+), setting aside the inflation protection, isn't this the equivalent of keeping a giant stack of cash or gold under the mattress or buried in the back yard? Conventional wisdom is only crazy people do that. Somebody could come physically steal it, the hard drives or backups could be corrupted, you could lose the password, the house could burn down, etc. With a serious amount of value, it seems really really risky to me, but I'm not sure what a "safe" alternative could be.
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What are the most valuable lessons you’ve learnt in the space so far?
As title suggests, the more the time goes by the more we learn (yes we still keep managing to sell low buy high somehow but that’s the way isn’t it) so what has the bear taught you or maybe the bull before it For me some of the most important ones definitely have to be A) to look more deeply into yield farming coins and their supplies I’ve got rekt chasing high apy in so many places that eventually I just gave up and just treaded back in lightly B) TAKING PROFITS, Can’t believe I didn’t but oh well not alls lost and now I surely will (or I hope) C) Looking at charts all day is useless unless you’re some pro trader making a killing, for everyone else myself included It’ll just give you free anxiety and I think we have enough as it is There’s few more but I’ll stick with these 3 for now will be interesting to see what everyone else has to say and maybe we can all learn from each-other and lose money in a more educated way.
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Bill Gates Says NFTs and Crypto Are ‘100%’ Based on Greater Fool Theory
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The audacity to post this add when half of lenders are defaulting
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Me as soon as payday hit
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“The best way to teach your kids about taxes is by eating 30% of their ice cream." – Bill Murray
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Cardano's Technical Contributor Moves to Join Algorand
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Help me understand perspective for this: Ethereum market cap is bigger then of IBM (even after half a year of brutal selloff)? Seriously?
So I was checking IBM stock and see its current market cap is [$126.34B](https://www.marketwatch.com/investing/stock/ibm). This is less then current market cap of Ethereum. So a project that currently has very limited utility outside of the crypto bubble (I mean real utility for economy and industries outside of crypto) has larger market cap then IBM that manufactures mainframes, chips, does a lot of real business and owns Red Hat which has its own broad portfolio of real, useful and popular products? Can you guys share perspective on this? My layman feeling is that it kinda indicates the Ethereum is insanely overvalued. The only thing that could justify its market cap I can think of is if Ethereum token would be considered a store of value, so the token price wouldn't be reflecting its utility value but people's willingness to use it for similar use case as Bitcoin.
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Crypto Whales Loading Up On MATIC As Reddit’s NFT Avatar Marketplace Launches On Polygon ⋆ ZyCrypto
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Have you seen that YouTube video where a guy offers people a real 1/10 oz gold coin ($200) or a chocolate candy bar? He told them the gold coin is real and the candy bar is real. Everyone took the $1 candy bar and declined the gold. Is this an indicator of the uphill battle that Bitcoin faces?
Have you seen that YouTube video where a guy offers people a real 1/10 oz gold coin ($200) or a chocolate candy bar? He told them the gold coin is real and the candy bar is real. Everyone took the $1 candy bar and declined the gold. Is this an indicator of the uphill battle that Bitcoin faces?
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How Celsius Is Scrambling to Wind Down Its DeFi Activity - Decrypt
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I have some bitcoin bought on binance but I cant withdraw it in my country.
In case ill ever need the money I want to be able to withdraw it. I live in Moldova (Country in EU) Can I do anything about it?
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