World’s Best Crypto suggestions

submitted by /u/rnvk [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/33q6RdO

Seeing a lot of new users asking about how to make some profits with Bitcoin. You’ll find that 98% of Bitcoiners agree, join HODL Gang today. What’s HODL? Simply put, it’s an investing strategy of buying and holding without monitoring trends or otherwise timing the market. Why HODL? For all the reasons you’re here, because Bitcoin is in an immensely bullish position. Also, because the global market for Bitcoin is one of the most opaque markets that has ever existed. Trading in and out of the Bitcoin market is nothing short of gambling for 99.99% of us. When to start your HODL? Today. Consider using Dollar Cost Averaging (DCA) by buying a small amount of Bitcoin every day, week, or month. For example, instead of piling in 20K today, go ahead and do 2K each month for the next ten months. Why DCA? Because it gives you time to learn and to build confidence. Bitcoin corrections are painful for investors who lack confidence. Many will sell a panic floor because they are unable to believ

Stocks and shares trading happens at a snail pace in comparison. News get released at the end of the trading day to let the market adjust before trading restarts. Bitcoin reacts in real time to news and adjusts, this means it is more volition but it is real time sentiment. This also means it is a lot more engaging, IMHO. submitted by /u/hendnova212 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3mlCBYS

Okay I’ve been DCAing into bitcoin for 3 years now and I think I want to liquidate all assets to invest into bitcoin...thoughts on this? submitted by /u/Sea_Farmer_1823 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2HSYGz2

submitted by /u/DankLard [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3fP6G0o

When I google “bitcoin qr code”, the very first result that shows up for me is this website: www.bitcoinqrcodemaker.com It’s a scam. When you put your btc address and click the button to generate a qr code, it actually creates a fake qr code that directs to the scammer’s wallet, instead of your address. I almost fell for it today, but luckily I doubled checked the address before sending. I also read a recent article saying there’s a network of scam sites like this. So be careful How can we report this to google? submitted by /u/sipping_mai_tais [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/39oTEp9

I see articles posted about it, but I wanted to see the actual report. Where can I find this? submitted by /u/zenit27 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2HPShEN

​ https://preview.redd.it/v8byg2xyc9261.png?width=640&format=png&auto=webp&s=b1f01d46e2f9293a3ac8c589b07e1d4c37632dcf submitted by /u/Mari0805 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3fR6tdk

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Today I finally talked my dad (almost 70) into getting into BTC. He just ordered a hardware wallet and ColdTI plates to backup his seed on. We talked about it all the time, but now he said he will be starting to buy each week or month. I have been constantly reminding him to NEVER enter the seed words into a computer..... EVER, and to keep large sums off of the exchanges. submitted by /u/eld101 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3qd7fWz

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The blockchain is supported by miners, but every day we continually reach a point where mining becomes less rewarding. Although there will obviously be people still mining, how are we supposed to have everyone using a decentralized system that has little incentive to mine quickly? I’d love to be bullish on bitcoin, but this thought just came into my head the other day. Does anyone know of the solution to how to maintain a steady blockchain without bitcoin transactions becoming more centralized? Or changing the protocol to add more BTC? Thank you for any response! submitted by /u/max_peterson_17 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/37jSYi7

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I’ve ordered a digital wallet and have been suggested to use coin base ... I get the concept of bitcoin and the major risks involved and want to start dollar cost averaging in ... However the idea of cashing out some horrifying ? Websites breaking down or not paying out ... what’s the safest way to go here . I’ve been suggested to use coinbase I’m located in Canada submitted by /u/nuttydave127 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/39o6eoK

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tl;dr PayPal's closed ecosystem for Bitcoin will finally make using Bitcoin for purchases a reality by allowing Bitcoin to be used on millions of merchants' sites and simplify tax reporting by PayPal issuing 1099-B forms for those purchases. I used to buy stuff with Bitcoin but it was such a pain in the ass to report every purchase on my taxes. There are a bunch of people that are anti-IRS in the Bitcoin community and don't feel like people are obligated to report to the IRS their purchases using Bitcoin. I don't want to debate that. Let's assume every purchase that a person makes with Bitcoin needs to be reported on form 8949. When a person buys on exchanges like coinbase, binance, etc, those exchanges are an open eco-system. Once a bitcoin leaves those exchanges, those exchanges don't know what happens to those bitcoins(for the most part). So, those exchanges can't automate your tax filings. PayPal has setup a closed eco-system where they know a person&

submitted by /u/alhardy [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/39hdX86

If you can’t handle btc’s 20% swings; you don’t deserve its 1000% gains. Weak hands are for altcoins and day trading. Hodlers hodl. And thus reap the rewards. 2017 was about lambos. 2021 will be about countries. submitted by /u/parrire [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2KzhXq3

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Getting towards the end of thanksgiving here on the east coast of the US, but just want to say that I am so thankful for bitcoin. Not only has it brought me so much wealth in a young age, but it has in total just allowed me to see the world from such a different perspective. I really believe in bitcoin and the better world that will come with it. Thanks guys! submitted by /u/sploosh123456 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3l51TJi

Recently, a lot of attention has been credited to institutional investors for fueling our ride to $19,000. These institutions have finally recognized Bitcoin as a store of value. Individuals like you, who HODL’d through the last boon and bust are the reason BTC works as a store of value. Ya’ll proved, through your hard work and dedication, that there will always be a floor price for BTC, that there will always be a regular person willing to trade some of their hard work to support the network. The value of a currency is most importantly in the belief of the people whom adopt it, our shared dream and our persistence has been and will continue to be the soul of Bitcoin. submitted by /u/ChTender [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2V2JvWT

HODLing submitted by /u/realhermitthelog [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/366VKYX

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https://www.youtube.com/watch?v=CxnNoqbSLGo submitted by /u/daijorobu [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/365h68N

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Enjoying a glass of celebratory whiskey, watching the Bitcoin price action. I notice the price touched 19,400$ then dropped... bounce to 19,340$ then drop... finding support made less than a week ago. It made me smile. Why you may wonder? It crossed my mind, I can’t wait for this rally to drive another 50% higher, only to pull back 30%. Seeing the institutional side panic as their leveraged futures plunge. They will learn the lessons many of us long term crypto investors learnt during the last few years! Crypto is volatile, HODL your keys and be happy with 20x from spot prices. If your reading this now, your likely averaged in far below this point. Hold strong, trade, buy the dip but don’t sell with another 2 years of bull market cycle to go! Hold the spot crypto whatever that is, ride your favourite altcoins projects to highs never seen before and take profits into the main store of wealth - BITCOIN. I couldn’t help smile, as this future scenario not too far away comes closer. I’ll b

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If any developer from Bitcoin core or anyone who has helped develop Bitcoin reads this, THANK YOU 🙏 submitted by /u/idontlikepeoplemuch5 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3fxhEYo

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Thoughts? submitted by /u/lonelycatcarrot [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3l6STTP

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With the current price closing in on the ATH. I would expect a new wave of people coming in to this subreddit. Lots of 'dumb' questions will be asked. Lots of people will come here for FOMO. Some questions are real, while others are just trolls. There will be confusion between BTC and BCH for the new guys given the names of it's websites and subreddits etc. Let's remember to be nice and steer these guys in the right direction and welcome these new wave of people. submitted by /u/yukeiw [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3m5zvrL

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submitted by /u/Julius_Civ_III [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3m3qVcV

All of us have this feeling now. Is this real? When do we go back down? We are far too high. We all have this feeling, because we had 3 years of a downtrend. We do not know anything else. Remember end 2016 and 2017. There were price bumps of 20-30% every week the whole year with just tiny downs. We just do not know how it feels, when the next cycle kicks in. We seem to be there now and we have to learn this bumps are real and they are normal in this bullish time. submitted by /u/InfinityLife [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2J2qbXq

I totally apologize if this has been super redundant, but it's totally necessary. If you want to hold long term and if you don't trade, get your coins out of exchanges ASAP ; and learn how to secure your coins. Especially now that we're pretty much more than $1k away from ATH, hackers and scammers will be A LOT more active . https://notyourkeys.org/ http://bitcoinsecurity.guide https://bitcoinvideotutorials.com/ submitted by /u/MostPalone- [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3nOt10Y

Apart from going x20 long with leverage, what is your favorite bookie? I've been using Nitrogen but I want a new one. Please only personal recommendations :) submitted by /u/danieljin1234 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/339zH1I

submitted by /u/monoclemoney [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2HsiRU6

Hey fellow BTC HODLers, please help me out. I have been reading articles like crazy in the last hour but still I didn't find a definite answer. So here it goes: Suppose I have 5 BTC in my Trezor wallet on Account No. 1. (If only... 😄) I decide to take some profits in fiat to which end I transfer 1 BTC to an exchange's address. Would this exchange then, after recieving the 1 BTC from me be able to see my whole balance on Account No. 1? If yes, how could I avoid this? I've read some articles about bitcoin mixing but isn't there any simpler method? What if I created a second account in my Trezor wallet for spendings only and before every outgoing transaction I would transfer the respective amount of satoshis from my main "HODLing Account" to my Spending Account? Would this circumvent the problem or could the recieving party still trace back my main account and therefore find out my total balance? Thank you very much for your answers! submitted by /u/m

​ https://preview.redd.it/6x6utc3ey1161.png?width=586&format=png&auto=webp&s=a1490f525058bb26f8250ebdc4965b9e4f3e7908 submitted by /u/ohnoh18 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/33bJ0yp

so mom buys bitcoin on pp. the price goes up. way up. mom gets more interested, starts doing her own research. decides she wants to actually own her bitcoin, buys a hardware wallet. now she’s gotta sell, wire that money to a real exchange, buy an actual bitcoin.. and she’s triggered a taxable event and owes the gov’t a fat sum despite still hodling! if i was your mom.. id be pissed. friends dont let friends buy pp coin. they teach them about cashapp or any other easy to use service that lets you withdraw, and when they are ready, they teach them about not your keys, not your coins. we all want adoption but its not worth letting people be scammed. submitted by /u/uxeen [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/399OEVp

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What a load of horse-shit! Savers should be rewarded for not spending frivolously and putting the nation into debt! We live in a fucking BIZARRO-WORLD where everything is backwards. Bitcoin is a semblance of sanity in a world of insane people. The price of Bitcoin has the potential to increase day after day with no need to ever lose value or "correct". submitted by /u/SuicideIsSoSexyRrrrr [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3kR21w1

We have just closed the weekly candle a few minutes ago. The weekly close marked the second highest closed in BTC's history. https://twitter.com/mario80503/status/1330662793578614784 ​ https://preview.redd.it/r514ujm2sv061.png?width=680&format=png&auto=webp&s=eec8f59a17f9de6f53f0974e8b20c236982ee966 submitted by /u/Mari0805 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/33aZEhk

I'm looking for an easy way to buy bitcoin from Africa (Sierra Leone) using PayPal. It's proving almost impossible for me to do it at the minute. submitted by /u/compsciyr1 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/35TSYWC

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Hi, everyone With the large influx of new Bitcoiners I thought I would share some basic security measures. Please feel free to add your input and suggest others! Never Share your recovery phrase with anyone!!!! Place your recovery phrase in a secure place Use a hardware wallet (not your keys not your coin) Don't expose how much Bitcoin you have... to anyone Never invest more than you can afford to lose Always review the address you are sending bitcoin to (your clipboard could be compromised) Continuously educate yourself on why you are buying/have bought Bitcoin. This is a brief overview of how you can be more secure. If you have any questions on the above bullet points, please feel free to ask for clarification! -The Bitcoin Dude submitted by /u/The_Bitcoin_Dude [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2UNnGdZ

As of this morning I officially own BitCoin, who knew something that will take years and years to become worth it is so exciting. I bought in .1 Bitcoin and am planning on doing a DCA Investment Strategy every week. With Bitcoin expectations in the coming 5 years, I am ready to have a love hate relationship with this investment. See you on the the moon folks! submitted by /u/Silence_of_the_LAN [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3lT7a8b

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Bitcoin is now only $5 billion behind J.P. Morgan by market cap! Top 10 soon? https://preview.redd.it/vva827zt8o061.png?width=2366&format=png&auto=webp&s=54904eb6e7e15f00f2a7a4442bcbed8a7ff84847 submitted by /u/mansoortaken [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/395VPOw

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