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re: Official CryptoTalk ThreadPosted by LordSaintly on 3/17/23 at 7:58 pm to TheOcean
I love seeing a token pull a 4x and not being able to sell because my ledger isn't with me.
re: Official CryptoTalk ThreadPosted by kpop1 on 3/18/23 at 10:59 am to LordSaintly
New to this board. So do most here save on cold wallets?
re: Official CryptoTalk ThreadPosted by I Love Bama on 3/18/23 at 11:17 am to kpop1
quote:
So do most here save on cold wallets?
Say this phrase over and over again because its the most important in crypto...
"Not your keys, not your coin" If you don't have "your" crypto in cold storage, you do not have any crypto.
re: Official CryptoTalk ThreadPosted by TigerTatorTots on 3/18/23 at 11:23 am to kpop1
quote:Yes, at least most of us heavily advocate for that. Given what we saw in 2022, there is no reason for anyone to not take time to learn how to store on cold wallet
New to this board. So do most here save on cold wallets?
re: Official CryptoTalk ThreadPosted by kpop1 on 3/18/23 at 11:25 am to I Love Bama
I have heard it. And I am one of the ones that got royally screwed.
Had a lot of money in Voyager, Celsius, Blockfi (not a lot) and in Luna.
I use a Trust wallet now. Still have some in Coinbase, Crypto.com, and Binance. So Ledger and Metamask are the names I hear most.
I am really trying to get educated. I have lost so much money because of treachery and deceit.
Had a lot of money in Voyager, Celsius, Blockfi (not a lot) and in Luna.
I use a Trust wallet now. Still have some in Coinbase, Crypto.com, and Binance. So Ledger and Metamask are the names I hear most.
I am really trying to get educated. I have lost so much money because of treachery and deceit.
This post was edited on 3/18 at 11:26 am
re: Official CryptoTalk ThreadPosted by LordSaintly on 3/18/23 at 11:26 am to kpop1
quote:
New to this board. So do most here save on cold wallets?
I held out until last year when the Solana wallet hack happened. Thankfully I didn't lose anything in that, but even non-custodial hot wallets are risky since your private keys are internet-accessible.
Keeping your money on exchanges is also dangerous because if they have a liquidity crisis (like FTX) or get hacked (like Mt. Gox), your money is gone.
The only downside is that cold wallets are not as convenient, but it's a small sacrifice to make.
Edit: It seems you've already dealt with the problems of centralized exchanges. It would not have helped with Luna, but yes, I highly recommend getting a cold wallet.
This post was edited on 3/19 at 2:01 am
re: Official CryptoTalk ThreadPosted by down time on 3/18/23 at 3:41 pm to LordSaintly
Excited about this arbitrum stimulus. Thinking 1-2 dollars.
re: Official CryptoTalk ThreadPosted by CoyoteSong on 3/19/23 at 11:12 pm to bayoubengals88
“you’ll own nothing & be happy”
The Great Reset
The Great Reset
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re: Official CryptoTalk ThreadPosted by finchmeister08 on 3/19/23 at 11:52 pm to LordSaintly
quote:
I love seeing a token pull a 4x and not being able to sell because my ledger isn't with me.
It’s almost like it’s worth it to some people to have some crypto on an exchange.
re: Official CryptoTalk ThreadPosted by HottyToddy7 on 3/20/23 at 12:18 pm to finchmeister08
I wonder if this being tax return season, and banking issues are causing this little bump.
$28,600 held as support from January 2021 all the way until June 2022. It will be a tough wall to push through and hold. But if it does and it becomes another major support again, it could be a great jumping off point and we could be back towards a bull market. But I still have doubts in the current market in general.
$28,600 held as support from January 2021 all the way until June 2022. It will be a tough wall to push through and hold. But if it does and it becomes another major support again, it could be a great jumping off point and we could be back towards a bull market. But I still have doubts in the current market in general.
re: Official CryptoTalk ThreadPosted by Pierre on 3/20/23 at 12:58 pm to finchmeister08
Haven’t followed the shite coins lately but anybody has thoughts on shib? Any potential runs upcoming
re: Official CryptoTalk ThreadPosted by HottyToddy7 on 3/22/23 at 10:59 am to Pierre
There goes $28,600. Need to hold $25,300 now on the pull back.
re: Official CryptoTalk ThreadPosted by JimMorrison on 3/25/23 at 7:58 am to HottyToddy7
Is crypto really a safe haven during recession? They have no fundamental value so nothing to lose in recession, right?
Thinking about adding BTC. It needs a pull back to $25k in the next few days and if that holds as support, could be a good time to add for a rally to 40k in the coming months.
Think it's largely dependent on the USD continuing to weaken so once Fed pivots to rate cuts, we'll see if that sets off the BTC rally.
Thinking about adding BTC. It needs a pull back to $25k in the next few days and if that holds as support, could be a good time to add for a rally to 40k in the coming months.
Think it's largely dependent on the USD continuing to weaken so once Fed pivots to rate cuts, we'll see if that sets off the BTC rally.
re: Official CryptoTalk ThreadPosted by DownshiftAndFloorIt on 3/25/23 at 8:34 am to JimMorrison
I think my new strategy is going to be buying when this thread is not on the first page of money talk, and hold/do nothing when it's on the 1st.
re: Official CryptoTalk ThreadPosted by JimMorrison on 3/25/23 at 8:38 am to DownshiftAndFloorIt
Sorry for the bump then
re: Official CryptoTalk ThreadPosted by I Love Bama on 3/25/23 at 8:55 am to JimMorrison
quote:
Is crypto really a safe haven during recession?
No.
quote:
Thinking about adding BTC.
Smart.
re: Official CryptoTalk ThreadPosted by FnTigers on 3/25/23 at 9:37 am to finchmeister08
quote:No, it's not. Not using a hardware wallet is 1000x better than using a CEX. Or, use your hardware wallet and bring it with you.
It’s almost like it’s worth it to some people to have some crypto on an exchange
I have my hardware wallets stashed away and they are rarely pulled out. I have a hot wallet (proper security...locked sim..protected seeds) that I'll use for convenience.
I'll send crypto to my trezor addresses to chill for the long haul.
re: Official CryptoTalk ThreadPosted by JimMorrison on 3/25/23 at 10:15 am to I Love Bama
Well, if the bond market is correct, we only have a few months before recession and the regional banking crisis isn't over.
ETA: I won't touch the shite coins, but BTC looks attractive to me at this point. Hope it plays out how I see it for a nice profit opportunity.
ETA: I won't touch the shite coins, but BTC looks attractive to me at this point. Hope it plays out how I see it for a nice profit opportunity.
This post was edited on 3/25 at 10:18 am
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