Nope, you didn't come in a bad year. It's just that you got in too early. 10 months ago would be around Jan. Price was still high then compared to what it's at the present moment. However, now is a great time to get into cryptos when it seems the tokens have taken severe beatings and what remains is for them to start surging.

If what you're hodling is Bitcoin, you don't have to worry or panic. Just keep hodling. However, if otherwise you may want to consider mitigating your losses now by reviewing and discarding those without any use-case. Cut your loss short on them.

It even transcends using a custodial wallet as many users will think it's only about exchange wallets alone. That's not completely true. Closed source wallets which are private wallets and you've the passphrases (and think you control the wallet) also have that issue. A few of this close source wallet type have been mentioned here in the recent past.

Wait until computer/keyboard makes an autocorrect of your words that changes the word completely from what it's intended and gets you into trouble with a boss. Until it happens, you won't know there's another side of explanation to needless content. Again, form the habit of always previewing your comments before hitting the post tab like LoyceV added. Every wrongly spelt word has a red underline (even on phone) and that should alert you to make corrections.

That's true. I had a peep into the discord server and it was rowdy for me, and too fast with responses that one struggles to keep up with that, joggling between reading and comprehension before the next batch of messages are released. I prefer it here in this forum.

Aha! Welcome to the club. However, you shall not be granted full membership yet untill you rinse and repeat same experience twice or three times more 😆. There isn't anybody worth their game in trading who didn't pass through that. Don't despair.

I don't know how that's even possible on such a small account of $50. The exchange I use won't allow you go up to 15x on such a small account.

You're exposing yourself unnecessarily with that high pitch leverage on a small account. You're seeing trading as a shortcut to riches while it's not so. Reduce your greed level and trade responsibly.

Oh, really? I see 🕶️

Yes, the title is supposed to come with a question mark but for whatsoever reason that OP left it out we can't say. However, I don't know what your idea of "spamming" is but I think users are trying to proffer solutions to the issue OP raised. The only problem I see here is the lack of feedback from OP on whether they're following the responses or not as they haven't commented again here. In all, most of the posters here are speaking in one direction but with different shades of blue. Is that what you consider spamming?

Your greatest fear should be losing access to your wallet. Of course, you should be using a wallet you've the Pkey since you intend to hodl, knowing that if you don't have the private key (Pkey), the wallet shouldn't be deemed yours. Losing access to my wallet used to be of nagging concern to me during my noob days. On the price, buying now should be seen as you getting a discount from Satoshi himself. This price level of $16k is a very fair one. Even if price dips below it now after you've bought, don't worry you got in at a good place. Next halving will expectedly push Bitcoin price above the last ATH.

But of course, the two-faced hypocrites are insidiously buying it. They may not come to the open to do it, either as a government body or as their individual officials. At the peak of Bitcoin ban in my country, one of the top government officials (the Attorney General of my country) was caught using a Kucoin exchange. There is much pretence with what people are in public and what they truly are in their private chambers. So, take advantage of this period and DCA on Bitcoin now. Tomorrow may not present us an opportunity.

My few years of trading experience has taught me that the expression, "No hurry in life" isn't just a mere saying. There's much wisdom in that simple expression. It's in this industry that one finds out the virtue in patience and waiting. Those who bought at the last ATH of $68k+ will definitely be counting their loses that is a repercussion for not waiting for price correction while it was surging last year. It is even worse for those who couldn't exercise patience to wait for recovery and have sold off before now (surely, it must return to $64k and even surpass it). The whole idea is to hodl till the next circle, otherwise one loses out on maximum profit. Those who will pay more in regrets and primum tears are those who aren't utilizing this price discount now to buy cheap.

We really don't have to see trading in that light. It's an enjoyable exercise if only those in it won't judge it as a shortcut to riches and by so doing over labour themselves by over investing. The simple caveat is, "never invest cash you can't afford to lose". For instance, someone who has $20k and invests $200 and loses it won't feel the same pressure like one with the same capital that invests $2k. The investor in the first scenario will just brush past their loss and move on quickly unlike the latter.

This is why anybody in this industry who've had a little understanding of how it works through an experience of a complete Bitcoin circle will tell you it's not a wise thing to invest with cash you will miss. The simple logic there is to just invest the cash and move on like you never invested anything at all. Bury the money and wait patiently for the harvest season. To many, that's a hard thing to do because they want to see their investments grow daily. That isn't how investment works (at least, not so in this industry).

That's simply because people are often in a hurry while at it, during transactions. It's good to suspend everything one is doing during transaction. That's what I do. I'm never in a haste because I know once a mistake happens it's goodbye to my funds. I do take my time to check the first four/five letters of any copied wallet address I'm sending or withdrawing to. I do same for the middle and last four/five letters too. That's if the funds involved aren't much. If I'm doing a heavy transfer, I take my time to run a complete check from the first letter to the last before hitting the send or withdrawal tab. I'm conservative like that and I haven't regretted any bit of being conservative.

You did well by alerting this forum of that. Anyone visiting for the first time who isn't careful will easily get deceived. This is why I always insist on getting direct links from whoever that's asking me to check up any site. I don't just listen to them dictating it without writing the words out. After that I make sure to bookmark or save it on homepage if it's a site I'm likely going to revisit. In this crypto industry, don't leave anything to chances.

It used to be Blockfolio for me before the SBF dude bought it and changed its name to FTX and then messed the whole thing up. What a shame.

But of course, the phishing would be to steal wallet information and then hack it.

OP, your words are apt. You captured the scenario very well but you should also expect that what's happening is a true reflection of the diversity of man's thoughts. We all can't reason the same way on the same issues. If everyone knows and does the same thing it should be boring. Homogeneity kills interest. Those who panic once price begins to dip are meant to be there so that those who have diamond hands can pick the panic sales up. Anyone who has experienced a Bitcoin cycle should know that whatever that's happening now in the market is the normal phase. Nothing to worry about. It should be the accumulation phase. Buy cheap now and hodl. Next halving is going to be a blast.

Yes, Bitcoin recovered to $17k but it's not looking convincing to keep at it. It will slump. Already investors have started point at the $13k region. Honestly, it feels kind of disappointed that Bitcoin didn't do well in November which was the month I speculated it would show some strength. December hasn't been any good as it's the month most investors take profit for spending during the yuletide season. We aren't likely to see a different scenario this year. Talking about ATH? Nah! No one is even expecting Bitcoin to get to its previous ATH of $68k next year. We wait till 2024.

You must be Satoshi himself to try that. We're looking at 12 to 20 years for a 3-5 Bitcoin cycle here with the awareness that a cycle is four years (rightly so when we consider its halving period). For me, a long term hodl is two years. That's hodl stoically for two years without touching my stack. The two years will be from two years post-halving to the present halving year. For instance, at hand is the period I'm referring to. Buying now to sell off in 2024. Then repeat the process in 2026.

Centralization isn't the problem per se. It's the criminals who run those shit that have made it look that way. If anything, centralization even opened cryptocurrencies to the world rapidly. Many people would've been locked out of knowing how and where to buy from. I dabbled into cryptos with a huge puzzle of what it was dangling over my head at the time. Creating a wallet or opening an exchange account wasn't even as easy as they seem today. I wonder what it would've been like five years before I did. Today, many people think it's as easy as ABC. Talking about Cexs, no matter what, we've to acknowledge the good it has done us. At the risk of sounding like a broken record, the warning should be "investors shouldn't leave their cryptos on exchanges while traders should find a way of not leaving much there." To face reality, there's no way we tell traders not to leave funds on exchanges and it turns out fine. Except they aren't traders in the real sense of it.

Ok, I think I've an idea what you intended to achieve by blurring addresses and that's to alert users that they don't have to expose their addresses. However, I don't that should be any problem with public addresses since it's the medium for receiving transactions. I don't think anyone loses anything by exposing that or do they? That's not like Pkeys or Passphrases.

Dis guy sef, you nor go kill persin here sha 🤣 wit all these ur accolades. Anyway, it goes well sey dis owa corna dey enlarge small small as more people dey fall in. Nothing wey pass unity in numbers as owa people dey talk sey if dem join join piss for a particular spot e dey bring foam. Na so we go dey do here to bring joy and betta wisdom to owaselves. One luv!

Oh, really? I guess you had the wrong quote inserted.