Q for the crypto experts

EsophagealFeces

I’m still relatively new to fucking with crypto, and I don’t have that much invested, but I’m curious if the holidays tend to tank shitcoins like Doge and Shib since people looking to pull cash would be more likely to sell those than mainstream coins like Bitcoin and ethereum. I know in general most of you hate shitcoins in general and would tell me to move my money out of them anyway, so I guess I just answered my own question.

UW_Doog_Bot

Shitcoins are for speculating and spinning the roulette wheel on. I believe in the big three of BTC, ETH, and ADA as future commodities that I'm holding long and staking into exchanges. Still, I don't have so much money in them that if they crash I'll be fucked.

There's no appreciable "seasonality" to any crypto that I know of and if there were the market is developed enough at this point it would be baked into the prices anyways.

CuntWaffle

Shitcoins are like going to the casino, put in what you are willing to lose.

PurpleThrobber

UW_Doog_Bot said:

Shitcoins are for speculating and spinning the roulette wheel on. I believe in the big three of BTC, ETH, and ADA as future commodities that I'm holding long and staking into exchanges. Still, I don't have so much money in them that if they crash I'll be fucked.

There's no appreciable "seasonality" to any crypto that I know of and if there were the market is developed enough at this point it would be baked into the prices anyways.

I've finally talked Mrs. Throbber v2.0 into dropping some jack into crypto - specifically Bitcoin as a hedge against inflation and/or anarchy. Should I just buy that shit through my Schwab/eTrade accounts or are there platforms that are specific to Bitcoin where I can park the investment indefinitely.

I've got enough other 'fairy dust' kind of investments so she's about to cut my balls off by taking 'her' money (which really means 'ours' but she's kind of territorial). Where can I send my BidenDollars so they are safe in bitcoin?

And a special thank you/fuck off to @DerekJohnson for posting Mark Moss videos up the ying yang until i finally caved and watched a bunch of them.

greenblood

PurpleThrobber said:

UW_Doog_Bot said:

Shitcoins are for speculating and spinning the roulette wheel on. I believe in the big three of BTC, ETH, and ADA as future commodities that I'm holding long and staking into exchanges. Still, I don't have so much money in them that if they crash I'll be fucked.

There's no appreciable "seasonality" to any crypto that I know of and if there were the market is developed enough at this point it would be baked into the prices anyways.

I've finally talked Mrs. Throbber v2.0 into dropping some jack into crypto - specifically Bitcoin as a hedge against inflation and/or anarchy. Should I just buy that shit through my Schwab/eTrade accounts or are there platforms that are specific to Bitcoin where I can park the investment indefinitely.

I've got enough other 'fairy dust' kind of investments so she's about to cut my balls off by taking 'her' money (which really means 'ours' but she's kind of territorial). Where can I send my BidenDollars so they are safe in bitcoin?

And a special thank you/fuck off to @DerekJohnson for posting Mark Moss videos up the ying yang until i finally caved and watched a bunch of them.

The best security is probably having your own wallet. But that gets messy, especially if you lose your key. Most online brokers provide storage for your crypto, and they do carry insurance on that from what I know, so there is some safety in it. But nothing in my opinion is safer than having your own wallet.

UW_Doog_Bot

greenblood said:

PurpleThrobber said:

UW_Doog_Bot said:

Shitcoins are for speculating and spinning the roulette wheel on. I believe in the big three of BTC, ETH, and ADA as future commodities that I'm holding long and staking into exchanges. Still, I don't have so much money in them that if they crash I'll be fucked.

There's no appreciable "seasonality" to any crypto that I know of and if there were the market is developed enough at this point it would be baked into the prices anyways.

I've finally talked Mrs. Throbber v2.0 into dropping some jack into crypto - specifically Bitcoin as a hedge against inflation and/or anarchy. Should I just buy that shit through my Schwab/eTrade accounts or are there platforms that are specific to Bitcoin where I can park the investment indefinitely.

I've got enough other 'fairy dust' kind of investments so she's about to cut my balls off by taking 'her' money (which really means 'ours' but she's kind of territorial). Where can I send my BidenDollars so they are safe in bitcoin?

And a special thank you/fuck off to @DerekJohnson for posting Mark Moss videos up the ying yang until i finally caved and watched a bunch of them.

The best security is probably having your own wallet. But that gets messy, especially if you lose your key. Most online brokers provide storage for your crypto, and they do carry insurance on that from what I know, so there is some safety in it. But nothing in my opinion is safer than having your own wallet.

I use coinbase for my basic crypto assets and will end up paying taxes on them this year sadly. My more "interesting" and risky assets in Defi and such are held in an online wallet I access via my phone online.

If you are going for broad based exposure a major brokerage fund is fine. If you want BTC for anarchy you should keep it on a wallet.

greenblood

UW_Doog_Bot said:

greenblood said:

PurpleThrobber said:

UW_Doog_Bot said:

Shitcoins are for speculating and spinning the roulette wheel on. I believe in the big three of BTC, ETH, and ADA as future commodities that I'm holding long and staking into exchanges. Still, I don't have so much money in them that if they crash I'll be fucked.

There's no appreciable "seasonality" to any crypto that I know of and if there were the market is developed enough at this point it would be baked into the prices anyways.

I've finally talked Mrs. Throbber v2.0 into dropping some jack into crypto - specifically Bitcoin as a hedge against inflation and/or anarchy. Should I just buy that shit through my Schwab/eTrade accounts or are there platforms that are specific to Bitcoin where I can park the investment indefinitely.

I've got enough other 'fairy dust' kind of investments so she's about to cut my balls off by taking 'her' money (which really means 'ours' but she's kind of territorial). Where can I send my BidenDollars so they are safe in bitcoin?

And a special thank you/fuck off to @DerekJohnson for posting Mark Moss videos up the ying yang until i finally caved and watched a bunch of them.

The best security is probably having your own wallet. But that gets messy, especially if you lose your key. Most online brokers provide storage for your crypto, and they do carry insurance on that from what I know, so there is some safety in it. But nothing in my opinion is safer than having your own wallet.

I use coinbase for my basic crypto assets and will end up paying taxes on them this year sadly. My more "interesting" and risky assets in Defi and such are held in an online wallet I access via my phone online.

If you are going for broad based exposure a major brokerage fund is fine. If you want BTC for anarchy you should keep it on a wallet.

You're only paying taxes on what you sold right? If you're buying and holding basic crypto assets on Coinbase, you shouldn't have any tax consequences until they are sold.

DerekJohnson

PurpleThrobber said:

UW_Doog_Bot said:

Shitcoins are for speculating and spinning the roulette wheel on. I believe in the big three of BTC, ETH, and ADA as future commodities that I'm holding long and staking into exchanges. Still, I don't have so much money in them that if they crash I'll be fucked.

There's no appreciable "seasonality" to any crypto that I know of and if there were the market is developed enough at this point it would be baked into the prices anyways.

I've finally talked Mrs. Throbber v2.0 into dropping some jack into crypto - specifically Bitcoin as a hedge against inflation and/or anarchy. Should I just buy that shit through my Schwab/eTrade accounts or are there platforms that are specific to Bitcoin where I can park the investment indefinitely.

I've got enough other 'fairy dust' kind of investments so she's about to cut my balls off by taking 'her' money (which really means 'ours' but she's kind of territorial). Where can I send my BidenDollars so they are safe in bitcoin?

And a special thank you/fuck off to @DerekJohnson for posting Mark Moss videos up the ying yang until i finally caved and watched a bunch of them.

This is great but bear in mind that Sonics has predicted BTC to fall into the 20s before heading back up. He has been right for the most part when he makes these predictions.

Arculus is a good wallet to use for cold storage.