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I’ve seen big names like this shit on BTC, and say that’s its untraceable almost in the same sentence. These big names, oddly enough haven’t done their research | r/bitcoin | I’ve seen big names like this shit on BTC, and say that’s its untraceable almost in the same sentence. These big names, oddly enough haven’t done their research | r/Bitcoin | 2024-24-05 |
Yuval is an evil globalist. Not surprised this is his view of BTC | r/bitcoin | Yuval is an evil globalist. Not surprised this is his view of BTC | r/Bitcoin | 2024-24-05 |
yep, so obvious | r/bitcoin | yep, so obvious | r/Bitcoin | 2024-24-05 |
I don't understand why anyone is giving this argument more than 5 seconds of thought. | r/bitcoin | I don't understand why anyone is giving this argument more than 5 seconds of thought. | r/Bitcoin | 2024-24-05 |
He did not 'slam' anything, but was just stating the point of bitcoin, low iq monkeys see it as 'slamming' | r/bitcoin | He did not 'slam' anything, but was just stating the point of bitcoin, low iq monkeys see it as 'slamming' | r/Bitcoin | 2024-24-05 |
What he actually says makes sense:
"The philosopher expressed hope that humanity would find a way to build more trustworthy institutions rather than relying on technologies of distrust." | r/bitcoin | What he actually says makes sense:
"The philosopher expressed hope that humanity would find a way to build more trustworthy institutions rather than relying on technologies of distrust." | r/Bitcoin | 2024-24-05 |
"Gradually, I began to hate them"... | r/bitcoin | "Gradually, I began to hate them"... | r/Bitcoin | 2024-24-05 |
He’s figured it out all right. He’s being paid to gaslight us. | r/bitcoin | He’s figured it out all right. He’s being paid to gaslight us. | r/Bitcoin | 2024-24-05 |
That is the wef freako who fantasizes about programming people like computers. | r/bitcoin | That is the wef freako who fantasizes about programming people like computers. | r/Bitcoin | 2024-24-05 |
r/bitcoin | r/Bitcoin | 2024-23-05 |
||
oh wow | r/bitcoin | oh wow | r/Bitcoin | 2024-23-05 |
You can look up any public address and view the balance.
That's the entire nature of bitcoin. | r/bitcoin | You can look up any public address and view the balance.
That's the entire nature of bitcoin. | r/Bitcoin | 2024-23-05 |
sure but not directly integrated into google | r/bitcoin | sure but not directly integrated into google | r/Bitcoin | 2024-23-05 |
I’ve never got it to work | r/bitcoin | I’ve never got it to work | r/Bitcoin | 2024-23-05 |
Better not to use Google I think, they have enough data already. | r/bitcoin | Better not to use Google I think, they have enough data already. | r/Bitcoin | 2024-23-05 |
i use linux, but use google, I hate the search results of other search engines, they are very irrelevant. | r/bitcoin | i use linux, but use google, I hate the search results of other search engines, they are very irrelevant. | r/Bitcoin | 2024-23-05 |
Yep, tried brave search too, I think brave search is half based on Bing, which is not that great too. | r/bitcoin | Yep, tried brave search too, I think brave search is half based on Bing, which is not that great too. | r/Bitcoin | 2024-23-05 |
I just googled the wallet when I was testing a API, It was included as a test address, Wanted to see if it was popular lol | r/bitcoin | I just googled the wallet when I was testing a API, It was included as a test address, Wanted to see if it was popular lol | r/Bitcoin | 2024-23-05 |
It's not mine. | r/bitcoin | It's not mine. | r/Bitcoin | 2024-23-05 |
It's not my address. | r/bitcoin | It's not my address. | r/Bitcoin | 2024-23-05 |
Type someone else's address in? | r/bitcoin | Type someone else's address in? | r/Bitcoin | 2024-23-05 |
Think of it in terms of cost and benefit. There's data on everything all kinds of places, but some are more difficult to get to, whether in terms of who has access to a database or how easily your data is extractable from it. I'm less worried about 3-letter agencies as I am about someone who needs a bit of extra cash and has access to a database and maybe they can easily search by names and location and amount, or it takes weeks to figure out where you are and what you have and how difficult it is to grab it from you. | r/bitcoin | Think of it in terms of cost and benefit. There's data on everything all kinds of places, but some are more difficult to get to, whether in terms of who has access to a database or how easily your data is extractable from it. I'm less worried about 3-letter agencies as I am about someone who needs a bit of extra cash and has access to a database and maybe they can easily search by names and location and amount, or it takes weeks to figure out where you are and what you have and how difficult it is to grab it from you. | r/Bitcoin | 2024-23-05 |
Can you elaborate on your eg why and why not with the vpns | r/bitcoin | Can you elaborate on your eg why and why not with the vpns | r/Bitcoin | 2024-24-05 |
Using a VPN on a site that you have a business relationship with or have done KYC/AML on provides no cover and can lead to you getting blocked by your bank for example.
Most VPN's support split tunneling so you don't even have to think about it. Just assign the site in your password manager to open with Firefox or whatever browser you setup to split off the VPN tunnel. | r/bitcoin | Using a VPN on a site that you have a business relationship with or have done KYC/AML on provides no cover and can lead to you getting blocked by your bank for example.
Most VPN's support split tunneling so you don't even have to think about it. Just assign the site in your password manager to open with Firefox or whatever browser you setup to split off the VPN tunnel. | r/Bitcoin | 2024-24-05 |
Sounds like a way to scare people back top centralization. | r/bitcoin | Sounds like a way to scare people back top centralization. | r/Bitcoin | 2024-24-05 |
I switched to DDG years ago and honestly think it’s fine for search result quality. Sometimes I’ll still switch to Google. | r/bitcoin | I switched to DDG years ago and honestly think it’s fine for search result quality. Sometimes I’ll still switch to Google. | r/Bitcoin | 2024-24-05 |
Why would you use a VPN in the first place though? You’re just centralizing all of your internet traffic.
Everything goes through https already which is encrypted end to end. The only part that isn’t encrypted is DNS but you can also enable DNS over TLS which I’ve done on my devices.
At that point there’s not much reason to use a VPN. The only information your ISP can see is which IP talked to which IP but it can’t see the contents or even which website it was communicating with unless the IP is known to be part of a specific websites network of addresses.
Using a VPN adds another layer of trust in there where you need to be trusting the VPN provider not to keep any logs, accidental or not. Not to mention sacrificing some internet quality since you’ll have slightly higher latency and probably much slower speeds unless your VPN provider is providing you with crazy bandwidth. | r/bitcoin | Why would you use a VPN in the first place though? You’re just centralizing all of your internet traffic.
Everything goes through https already which is encrypted end to end. The only part that isn’t encrypted is DNS but you can also enable DNS over TLS which I’ve done on my devices.
At that point there’s not much reason to use a VPN. The only information your ISP can see is which IP talked to which IP but it can’t see the contents or even which website it was communicating with unless the IP is known to be part of a specific websites network of addresses.
Using a VPN adds another layer of trust in there where you need to be trusting the VPN provider not to keep any logs, accidental or not. Not to mention sacrificing some internet quality since you’ll have slightly higher latency and probably much slower speeds unless your VPN provider is providing you with crazy bandwidth. | r/Bitcoin | 2024-24-05 |
That's a false statistic that you just pulled directly out of your buttocks. It would be wildly inaccurate if they even tried. It certainly wouldn't be 87% accurate because a lot of bitcoin users look up bitcoin addresses they don't own. | r/bitcoin | That's a false statistic that you just pulled directly out of your buttocks. It would be wildly inaccurate if they even tried. It certainly wouldn't be 87% accurate because a lot of bitcoin users look up bitcoin addresses they don't own. | r/Bitcoin | 2024-24-05 |
Ok lol 😂 | r/bitcoin | Ok lol 😂 | r/Bitcoin | 2024-24-05 |
Lol.... Fastest way for Google to understand which wallet goes with which Google profile. | r/bitcoin | Lol.... Fastest way for Google to understand which wallet goes with which Google profile. | r/Bitcoin | 2024-24-05 |
not my address. | r/bitcoin | not my address. | r/Bitcoin | 2024-24-05 |
This may be of interest to the group here:
Previous guests include Dennis Porter, many other smart crypto folks.
Overview: [https://www.youtube.com/watch?v=1zCIbfNE3RY](https://www.youtube.com/watch?v=1zCIbfNE3RY)
Live Stream today [https://www.youtube.com/@libertyintechology/streams](https://www.youtube.com/@libertyintechology/streams) -
mods: I have nothing to sell here. I am a tech nerd on the team (doing live-stream production for them i.e. acting as show producer)..
This is the first episode of a new podcast series that will be up in June, this one is a live stream - see above. | r/bitcoin | This may be of interest to the group here:
Previous guests include Dennis Porter, many other smart crypto folks.
Overview: [https://www.youtube.com/watch?v=1zCIbfNE3RY](https://www.youtube.com/watch?v=1zCIbfNE3RY)
Live Stream today [https://www.youtube.com/@libertyintechology/streams](https://www.youtube.com/@libertyintechology/streams) -
mods: I have nothing to sell here. I am a tech nerd on the team (doing live-stream production for them i.e. acting as show producer)..
This is the first episode of a new podcast series that will be up in June, this one is a live stream - see above. | r/Bitcoin | 2024-23-05 |
Hello,
I am just starting out investing in bitcoin and was wondering what is the best wallet to use? Do not have a desktop computer, just a laptop and phone. Thanks. | r/bitcoin | Hello,
I am just starting out investing in bitcoin and was wondering what is the best wallet to use? Do not have a desktop computer, just a laptop and phone. Thanks. | r/Bitcoin | 2024-23-05 |
Personally I use Binance, it’s quite simple (take some time to learn how to use it) | r/bitcoin | Personally I use Binance, it’s quite simple (take some time to learn how to use it) | r/Bitcoin | 2024-23-05 |
Bluewallet, Electrum wallet, Blockstream Greenwallet, Trust wallet, Safepal wallet, Exodus wallet.
All these wallets are safe as long as you don’t do something stupid like give away your SeedPhrase for whatever reason.
YOUR SEEDPHRASE IS YOUR WALLET ,not any device or app. | r/bitcoin | Bluewallet, Electrum wallet, Blockstream Greenwallet, Trust wallet, Safepal wallet, Exodus wallet.
All these wallets are safe as long as you don’t do something stupid like give away your SeedPhrase for whatever reason.
YOUR SEEDPHRASE IS YOUR WALLET ,not any device or app. | r/Bitcoin | 2024-23-05 |
Whichever device you use, please do not, ever ever, save your seed phrase (sometimes called a recovery phrase) on the same device. Also make sure your anti-virus and all operating system updates are run regularly. You need to be very aware of security when you are storing and transacting Bitcoin.
You say you are just getting started so perhaps read some more about Bitcoin Transactions and the UTXO model first. It might not be worth your while to rush into a wallet right now, depending on how much you have, plan to have etc.
As to choice of wallet it depends what you wish to do as there are many and each have different features. Some only do store/transmit, others allow trading direct (although that is usually more expensive than buying on an Exchange). Some wallets are "hot" others are "cold". So get an understanding of that first.
Generally the community is not in favour of Trust Wallet, despite it's name there are many issues with it and so should not be on your list. | r/bitcoin | Whichever device you use, please do not, ever ever, save your seed phrase (sometimes called a recovery phrase) on the same device. Also make sure your anti-virus and all operating system updates are run regularly. You need to be very aware of security when you are storing and transacting Bitcoin.
You say you are just getting started so perhaps read some more about Bitcoin Transactions and the UTXO model first. It might not be worth your while to rush into a wallet right now, depending on how much you have, plan to have etc.
As to choice of wallet it depends what you wish to do as there are many and each have different features. Some only do store/transmit, others allow trading direct (although that is usually more expensive than buying on an Exchange). Some wallets are "hot" others are "cold". So get an understanding of that first.
Generally the community is not in favour of Trust Wallet, despite it's name there are many issues with it and so should not be on your list. | r/Bitcoin | 2024-23-05 |
I recommend Aqua wallet to most beginners.
For people who are starting off with bigger purchases I would suggest Nunchuk or Bluewallet. | r/bitcoin | I recommend Aqua wallet to most beginners.
For people who are starting off with bigger purchases I would suggest Nunchuk or Bluewallet. | r/Bitcoin | 2024-23-05 |
Trust Wallet is not safe. I've never heard of Safepal but it probably also sucks. | r/bitcoin | Trust Wallet is not safe. I've never heard of Safepal but it probably also sucks. | r/Bitcoin | 2024-23-05 |
Binance is everything except a wallet. Not your keys. | r/bitcoin | Binance is everything except a wallet. Not your keys. | r/Bitcoin | 2024-23-05 |
If your seller supports Lightning and you buy in small quantities, use Phoenix. Otherwise use BlueWallet. | r/bitcoin | If your seller supports Lightning and you buy in small quantities, use Phoenix. Otherwise use BlueWallet. | r/Bitcoin | 2024-23-05 |
Sorry i was thinking about exchangers | r/bitcoin | Sorry i was thinking about exchangers | r/Bitcoin | 2024-23-05 |
Green wallet is the one, you can also use it with your Jade which is one of the cheapest cold wallet. Or else you can use Electrum, Sparrow or Samourai. | r/bitcoin | Green wallet is the one, you can also use it with your Jade which is one of the cheapest cold wallet. Or else you can use Electrum, Sparrow or Samourai. | r/Bitcoin | 2024-23-05 |
Samourai wallet ? Come on, the guys are in jail. | r/bitcoin | Samourai wallet ? Come on, the guys are in jail. | r/Bitcoin | 2024-23-05 |
>Bluewallet, Electrum wallet, Blockstream Greenwallet,
Great wallets.
>Trust wallet, Safepal wallet, Exodus wallet.
Absolutely no. | r/bitcoin |
>Bluewallet, Electrum wallet, Blockstream Greenwallet,
Great wallets.
>Trust wallet, Safepal wallet, Exodus wallet.
Absolutely no. | r/Bitcoin | 2024-23-05 |
Also, Exodus isn't fully open source. | r/bitcoin | Also, Exodus isn't fully open source. | r/Bitcoin | 2024-23-05 |
Thought your dumb ass was gonna come back with a better reply , like prove how unsafe these wallets are?
When did closed source = unsafe? Is that
something you learned in IT class? Lol
Anyway I will suggest dumb people like you to just buy overpriced hardware wallets because some things are just too complicated.
I bet you dont even know you can turn any of these closed source wallets into a Cold wallet if you have the knowledge and it will be safer than any hardware wallet out there. | r/bitcoin | Thought your dumb ass was gonna come back with a better reply , like prove how unsafe these wallets are?
When did closed source = unsafe? Is that
something you learned in IT class? Lol
Anyway I will suggest dumb people like you to just buy overpriced hardware wallets because some things are just too complicated.
I bet you dont even know you can turn any of these closed source wallets into a Cold wallet if you have the knowledge and it will be safer than any hardware wallet out there. | r/Bitcoin | 2024-23-05 |
>Most of you on this sub don’t know jack shit except hodl and hardware wallets.
You've mentioned four great hot (read not hardware) wallets: "Bluewallet, Electrum wallet, Blockstream Greenwallet"
Don't get triggered when people tell you that shitcoin (and close source) wallets like "Trust wallet, Safepal wallet, Exodus wallet" are utter garbage. Unfortunately it's true. | r/bitcoin |
>Most of you on this sub don’t know jack shit except hodl and hardware wallets.
You've mentioned four great hot (read not hardware) wallets: "Bluewallet, Electrum wallet, Blockstream Greenwallet"
Don't get triggered when people tell you that shitcoin (and close source) wallets like "Trust wallet, Safepal wallet, Exodus wallet" are utter garbage. Unfortunately it's true. | r/Bitcoin | 2024-23-05 |
They don't allow you move your BTC to self custody. | r/bitcoin | They don't allow you move your BTC to self custody. | r/Bitcoin | 2024-23-05 |
For beginners, BlueWallet and Exodus are excellent choices. Both are easy to use, secure and work well on laptops and phones. Consider starting with one of them. You can write to me at dm with any questions, I can help you with that. | r/bitcoin | For beginners, BlueWallet and Exodus are excellent choices. Both are easy to use, secure and work well on laptops and phones. Consider starting with one of them. You can write to me at dm with any questions, I can help you with that. | r/Bitcoin | 2024-23-05 |
Oof that’s not ideal at all lol | r/bitcoin | Oof that’s not ideal at all lol | r/Bitcoin | 2024-23-05 |
Ledger? Good? | r/bitcoin | Ledger? Good? | r/Bitcoin | 2024-24-05 |
What are your recommendations? | r/bitcoin | What are your recommendations? | r/Bitcoin | 2024-24-05 |
TrustWallet is the best so far, but it’s not perfect. | r/bitcoin | TrustWallet is the best so far, but it’s not perfect. | r/Bitcoin | 2024-26-05 |
Wow! Even ledger is not good? | r/bitcoin | Wow! Even ledger is not good? | r/Bitcoin | 2024-26-05 |
One of the biggest things holding back mass adoption of BTC is the perception that it’s “too expensive”, in fiat terms. Particularly when you look at the market cap, which is currently $1.37 trillion.
When people hear that figure, it sounds like an enormous amount of money, which it is. But in reality, it’s a fugazi… It doesn’t represent real money.
Market capitalization is simply the last traded price x circulating supply. It doesn’t represent money invested, and it doesn’t represent the value of all BTC if everyone tried to sell. So why is it denoted in dollars?
I could launch a coin with a supply of 10 million, sell 1 coin to my friend for $10… and all of a sudden my coin has a market cap of $100 million. Yet only $10 was invested or traded.
Other people who are new to the markets think that market cap is an actual “cap” on how high something can go… but that’s for another day.
I’d argue that the dollar sign should not be used at all when denoting market cap of BTC.
| r/bitcoin | One of the biggest things holding back mass adoption of BTC is the perception that it’s “too expensive”, in fiat terms. Particularly when you look at the market cap, which is currently $1.37 trillion.
When people hear that figure, it sounds like an enormous amount of money, which it is. But in reality, it’s a fugazi… It doesn’t represent real money.
Market capitalization is simply the last traded price x circulating supply. It doesn’t represent money invested, and it doesn’t represent the value of all BTC if everyone tried to sell. So why is it denoted in dollars?
I could launch a coin with a supply of 10 million, sell 1 coin to my friend for $10… and all of a sudden my coin has a market cap of $100 million. Yet only $10 was invested or traded.
Other people who are new to the markets think that market cap is an actual “cap” on how high something can go… but that’s for another day.
I’d argue that the dollar sign should not be used at all when denoting market cap of BTC.
| r/Bitcoin | 2024-23-05 |
You still have to measure it in fiat because we live in fiat world, currently having euros means still more for me than sats and dont think this wrong way, i just mean that almost everything has to be bought by fiat if you wanna participate in society. | r/bitcoin | You still have to measure it in fiat because we live in fiat world, currently having euros means still more for me than sats and dont think this wrong way, i just mean that almost everything has to be bought by fiat if you wanna participate in society. | r/Bitcoin | 2024-23-05 |
99.99% of people have no other frame of reference for how to talk about monetary value. | r/bitcoin | 99.99% of people have no other frame of reference for how to talk about monetary value. | r/Bitcoin | 2024-23-05 |
Market cap is always going to be expressed in the local fiat currency.
That said, market cap itself is overall not a very useful metric, as you noted. | r/bitcoin | Market cap is always going to be expressed in the local fiat currency.
That said, market cap itself is overall not a very useful metric, as you noted. | r/Bitcoin | 2024-23-05 |
The coin itself can be measured in fiat, as that what it costs to buy 1 BTC. My point is purely about market cap. | r/bitcoin | The coin itself can be measured in fiat, as that what it costs to buy 1 BTC. My point is purely about market cap. | r/Bitcoin | 2024-23-05 |
Cap is short for capitalisation meaning value. As in total value. It has nothing to do with a peak or a ceiling | r/bitcoin | Cap is short for capitalisation meaning value. As in total value. It has nothing to do with a peak or a ceiling | r/Bitcoin | 2024-23-05 |
Sure, that is definitely it. Because when I go buy banana I am interested in its market cap... | r/bitcoin | Sure, that is definitely it. Because when I go buy banana I am interested in its market cap... | r/Bitcoin | 2024-23-05 |
Wrong sub | r/bitcoin | Wrong sub | r/Bitcoin | 2024-23-05 |
Who knows, maybe someone here needs proofreading! lol | r/bitcoin | Who knows, maybe someone here needs proofreading! lol | r/Bitcoin | 2024-23-05 |
I heard the oil supply is relatively low right now. It got me wondering: what happens when we run out of oil? What happens to bitcoin? Will this affect the number of bitcoin miners (which would effect the security of the network)? | r/bitcoin | I heard the oil supply is relatively low right now. It got me wondering: what happens when we run out of oil? What happens to bitcoin? Will this affect the number of bitcoin miners (which would effect the security of the network)? | r/Bitcoin | 2024-23-05 |
What happens to bitcoin if we run out of bananas? | r/bitcoin | What happens to bitcoin if we run out of bananas? | r/Bitcoin | 2024-23-05 |
I am currently breeding 🐹 and manufacturing 🛞 very bullish! | r/bitcoin | I am currently breeding 🐹 and manufacturing 🛞 very bullish! | r/Bitcoin | 2024-23-05 |
Then we will mine . . . WITH VOLCANOES!
^^^^^^^^^^.
BwahahahHAHAHAhahahaha^(ha)hahahahaHA! | r/bitcoin | Then we will mine . . . WITH VOLCANOES!
^^^^^^^^^^.
BwahahahHAHAHAhahahaha^(ha)hahahahaHA! | r/Bitcoin | 2024-23-05 |
What if the Sun suddenly goes supernova? Where is your Bitcoin god then, butters?!?!?!!?!?! | r/bitcoin | What if the Sun suddenly goes supernova? Where is your Bitcoin god then, butters?!?!?!!?!?! | r/Bitcoin | 2024-23-05 |
We will never run out of oil.
https://interestingengineering.com/science/we-will-never-run-out-of-oil | r/bitcoin | We will never run out of oil.
https://interestingengineering.com/science/we-will-never-run-out-of-oil | r/Bitcoin | 2024-23-05 |
There is infinite oil in the Earth. Do not trust programming education. | r/bitcoin | There is infinite oil in the Earth. Do not trust programming education. | r/Bitcoin | 2024-24-05 |
we got a f*king massive ball of plasma in the sky, we should use it | r/bitcoin | we got a f*king massive ball of plasma in the sky, we should use it | r/Bitcoin | 2024-24-05 |
Is this the link i can receive bitcoin on or buy bitcoin from https://strike.me/adrenal1ne/ | r/bitcoin | Is this the link i can receive bitcoin on or buy bitcoin from https://strike.me/adrenal1ne/ | r/Bitcoin | 2024-23-05 |
People can send you money there. | r/bitcoin | People can send you money there. | r/Bitcoin | 2024-23-05 |
Can i ask how? Like do they send me the qrcode and i have to redeem it on strike or do they do that? | r/bitcoin | Can i ask how? Like do they send me the qrcode and i have to redeem it on strike or do they do that? | r/Bitcoin | 2024-23-05 |
Your submission has been flagged and removed because it appears that you are begging for money. If you would like to beg, please visit r/BitcoinBeggars.
^^I ^^am ^^a ^^bot ^^and ^^cannot ^^respond. ^^Please ^^contact ^^r/Bitcoin ^^moderators [^^directly ^^via ^^mod ^^mail](https://www.reddit.com/message/compose?to=%2Fr%2FBitcoin) ^^if ^^you ^^have ^^questions. | r/bitcoin | Your submission has been flagged and removed because it appears that you are begging for money. If you would like to beg, please visit r/BitcoinBeggars.
^^I ^^am ^^a ^^bot ^^and ^^cannot ^^respond. ^^Please ^^contact ^^r/Bitcoin ^^moderators [^^directly ^^via ^^mod ^^mail](https://www.reddit.com/message/compose?to=%2Fr%2FBitcoin) ^^if ^^you ^^have ^^questions. | r/Bitcoin | 2024-28-05 |
r/bitcoin | r/Bitcoin | 2024-23-05 |
||
:) | r/bitcoin | :) | r/Bitcoin | 2024-23-05 |
I'm almost completely new to crypto and BTC. I've bought some BTC in the past and now looking to accrue some more as I've been swayed by all the comments, posts and ultimately the actions of individuals and banks who are now buying more and more BTC.
The problem is that I don't know if what I've been doing to date is the best way of doing it.
So my question is, where does a newbie start? Do I buy from somewhere like Kraken or Crypto.com and then hodl it there too, slowly buying each month?
Or is there a better process to follow?
Any tips would be most excellent | r/bitcoin | I'm almost completely new to crypto and BTC. I've bought some BTC in the past and now looking to accrue some more as I've been swayed by all the comments, posts and ultimately the actions of individuals and banks who are now buying more and more BTC.
The problem is that I don't know if what I've been doing to date is the best way of doing it.
So my question is, where does a newbie start? Do I buy from somewhere like Kraken or Crypto.com and then hodl it there too, slowly buying each month?
Or is there a better process to follow?
Any tips would be most excellent | r/Bitcoin | 2024-23-05 |
Start with getting your bitcoin from bitcoin only exchanges like Swan Bitcoin, Cashapp, Strike or River. Let your sats accumulate until you get to a minimum of 1 million sats before you withdraw to your wallet so you can save on fees in the future. The bigger the withdrawal amount, the better.
But that comes with custody risk so that’s why it’s important that when you save in BTC, accumulate those sats on a bitcoin only exchange as they have less incentive to rug you if they want to stay in business. Stay far away from Crypto casino companies.
Subscribe to [btcsessions](https://youtube.com/@BTCSessions?feature=shared) on YouTube to learn how to store your bitcoin as well as [Matthew Kratter](https://youtube.com/@Bitcoin_University?feature=shared) from Bitcoin university to learn the fundamentals of why bitcoin is the best asset on the planet.
In terms of taking self custody of your Bitcoin, Jack Dorsey’s new self custody wallet [Bitkey](https://bitkey.world) is good to begin your self custody journey and as the stack gets significant, begin to look at the [cold card](https://store.coinkite.com/store).
Here’s a beginners video for the cold card Mk4 btcsessions did with [Natalie Brunell](https://youtu.be/IJbog_k5XWE?feature=shared) as well as the beginners video for the new [cold card Q](https://youtu.be/FiNCG-7EN4A?feature=shared)
🫡 | r/bitcoin | Start with getting your bitcoin from bitcoin only exchanges like Swan Bitcoin, Cashapp, Strike or River. Let your sats accumulate until you get to a minimum of 1 million sats before you withdraw to your wallet so you can save on fees in the future. The bigger the withdrawal amount, the better.
But that comes with custody risk so that’s why it’s important that when you save in BTC, accumulate those sats on a bitcoin only exchange as they have less incentive to rug you if they want to stay in business. Stay far away from Crypto casino companies.
Subscribe to [btcsessions](https://youtube.com/@BTCSessions?feature=shared) on YouTube to learn how to store your bitcoin as well as [Matthew Kratter](https://youtube.com/@Bitcoin_University?feature=shared) from Bitcoin university to learn the fundamentals of why bitcoin is the best asset on the planet.
In terms of taking self custody of your Bitcoin, Jack Dorsey’s new self custody wallet [Bitkey](https://bitkey.world) is good to begin your self custody journey and as the stack gets significant, begin to look at the [cold card](https://store.coinkite.com/store).
Here’s a beginners video for the cold card Mk4 btcsessions did with [Natalie Brunell](https://youtu.be/IJbog_k5XWE?feature=shared) as well as the beginners video for the new [cold card Q](https://youtu.be/FiNCG-7EN4A?feature=shared)
🫡 | r/Bitcoin | 2024-23-05 |
r/bitcoin | r/Bitcoin | 2024-23-05 |
||
Began seriously learning about Bitcoin only a few months ago, and then started accumulating. Every time I buy, I feel a lot of excitement. Been anxiously waiting for a good entry too, so figured today was as good a day as any to add. :)
Also, I should probably move it to a cold wallet soon, right? Haha. | r/bitcoin | Began seriously learning about Bitcoin only a few months ago, and then started accumulating. Every time I buy, I feel a lot of excitement. Been anxiously waiting for a good entry too, so figured today was as good a day as any to add. :)
Also, I should probably move it to a cold wallet soon, right? Haha. | r/Bitcoin | 2024-23-05 |
Shitpost | r/bitcoin | Shitpost | r/Bitcoin | 2024-23-05 |
Buy high sell low. This is the way | r/bitcoin | Buy high sell low. This is the way | r/Bitcoin | 2024-23-05 |
Well, your idea of high/low is based on past prices...mine is based on future prices. | r/bitcoin | Well, your idea of high/low is based on past prices...mine is based on future prices. | r/Bitcoin | 2024-23-05 |
Work?!? | r/bitcoin | Work?!? | r/Bitcoin | 2024-23-05 |
They are hating because you already have more corn than them 🤣😂 You wouldn't know you're doing something right if you didn't have haters. Keep stacking and don't share you stack or stacking no more. Stack in silence. | r/bitcoin | They are hating because you already have more corn than them 🤣😂 You wouldn't know you're doing something right if you didn't have haters. Keep stacking and don't share you stack or stacking no more. Stack in silence. | r/Bitcoin | 2024-23-05 |
Some people have great jobs | r/bitcoin | Some people have great jobs | r/Bitcoin | 2024-23-05 |
Unimaginable | r/bitcoin | Unimaginable | r/Bitcoin | 2024-23-05 |
There are many bitcoin books out there. Which one does it really click with you and what's your a-ha moment?
Share with me your bitcoin journey. Mine is <The Bitcoin Standard>, and then <Creature from Jekyll Island> | r/bitcoin | There are many bitcoin books out there. Which one does it really click with you and what's your a-ha moment?
Share with me your bitcoin journey. Mine is <The Bitcoin Standard>, and then <Creature from Jekyll Island> | r/Bitcoin | 2024-23-05 |
The Age of Cryptocurrency 2016 | r/bitcoin | The Age of Cryptocurrency 2016 | r/Bitcoin | 2024-23-05 |
For me, Broken Money. I began with Creature From Jekyll Island. Two must-reads for sure. | r/bitcoin | For me, Broken Money. I began with Creature From Jekyll Island. Two must-reads for sure. | r/Bitcoin | 2024-23-05 |
None | r/bitcoin | None | r/Bitcoin | 2024-23-05 |
AHA moment: Me reading the claim that Bitcoin was impossible to counterfeit, thinking that was a BS claim, then reading the white paper and understanding it was legit. | r/bitcoin | AHA moment: Me reading the claim that Bitcoin was impossible to counterfeit, thinking that was a BS claim, then reading the white paper and understanding it was legit. | r/Bitcoin | 2024-23-05 |
The Bitcoin Standard.
I'm interested in reading Broken Money next | r/bitcoin | The Bitcoin Standard.
I'm interested in reading Broken Money next | r/Bitcoin | 2024-23-05 |
✋🏻 | r/bitcoin | ✋🏻 | r/Bitcoin | 2024-23-05 |
✋🏻 | r/bitcoin | ✋🏻 | r/Bitcoin | 2024-23-05 |
I haven't read the book, but the 2018 article is precise and effective. | r/bitcoin | I haven't read the book, but the 2018 article is precise and effective. | r/Bitcoin | 2024-23-05 |
Buying Crypto or Bitcoin? | r/bitcoin | Buying Crypto or Bitcoin? | r/Bitcoin | 2024-23-05 |
🤙🏼 | r/bitcoin | 🤙🏼 | r/Bitcoin | 2024-23-05 |
Don’t need books we do our own research | r/bitcoin | Don’t need books we do our own research | r/Bitcoin | 2024-24-05 |
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