Probably consider the free courses on Saylor’s website (something something Saylor academy or whatever) as well. Haven’t taken them personally but I’ve heard good things about it.

Couldn’t link it as I’m on mobile so dyor.

While not paying capital gains taxes are most likely a major reason, I think a lot of people are totally underestimating how passionate and long-term bullish a lot of whales are with Bitcoin.

While I'm personally not a whale(I wish I was ofc), I'm definitely passionate about Bitcoin. My personal take is (and I assume most of the "whales" have the same idea): hold BTC and don't spend it as much as possible today, and just wait for the time when I don't even need to convert my BTC to fiat to be able to spend it. Pretty much when BTC is already an actual actively used currency in the economy.

This classic meme pretty much sums it up:

Literally almost every beginner uneducated investor are kicking themselves for not getting in early — but the fact is, most of you would've likely sold due to panic or due to being happy with a 2x ROI.

But to answer your question — if you think that a couple of months to a year of sideways makes you restless, then real actual investing(not getting in and out in a span of days due to certain news) may not be for you.  

In some cases depending on how the company does it and how invasive the data hogging is, collecting data may be enough. Take note that for some businesses data is literally their mane revenue source; and take note that we're talking about finance and investing here — data can be really really valuable.

Coinbase. While they have their exchange(that has a custodial wallet option), they also have a separate non-custodial wallet called Coinbase Wallet[1]. Pretty much a MetaMask competitor that I assume they made just to be able to spread the Coinbase brand name.

---

[1] https://www.coinbase.com/wallet

You forgot the most important tip in this case: do NOT enter your hardware wallet's recovery phrase anywhere besides directly to the physical device itself(when restoring). A legitimate and reputable hardware wallet company wouldn't require you to "take any action" by asking you to send over your wallet's backup in the first place.

Just to answer the question — it's pretty simple. Most retail people don't know crap about what they're doing in this industry and they're only in it for the money. And to add to that, there really isn't that much "good fundamentals" in this industry in general besides a few things. Most are just overhyped fluff that doesn't solve anything.

You know the drill — waste of energy etc etc nothing new. Just thought I'd post this here because of this specific quote:


Just something to laugh at.

Source: https://netzpolitik.org/2022/climate-measures-behind-closed-doors-eu-officials-talk-about-banning-bitcoin/

You're technically going to wait some time between 1 second and 10 minutes. Obviously this really isn't viable when it comes to physical person-to-person transactions hence why we have the likes of bitcoin debit cards and the likes of Cash App (which are temporary band aid solutions). To address the privacy and custodial problems while still having quick and cheap transactions, layer-2s like the Lightning Network are being worked on.

Unless you're asking about hot wallets specifically, then the choices should always be Ledger[1] or Trezor[2] if you want to prioritize security.

But just to answer your question, I'd probably go with Trust because Exodus' software isn't fully open-source.

---

[1] https://ledger.com/
[2] https://trezor.io/

If their sole reason of being here is to increase their rank and earn money in the first place, then they'll likely just end up getting nowhere regardless if what advice you give anyway. Even just a small decent amount of passion and genuine interest is required for someone to strive here on this forum, which a lot of Newbies don't have.

1. Some wallets are just here to contribute to the industry, and probably for the devs to have some development experience for their portfolios. (e.g. Electrum)
2. Some non-Bitcoin wallets have a built in swap feature where they route to DEXs, and they add a small fee on top of that. (e.g. MetaMask)
3. Some probably collect data.

or.. unless you need to put up sell offers for trading purposes, you could simply just send the coins/tokens to the exchange the money you're planning on selling them. That's just a teeny tiny bit amount of inconvenience in exchange for not putting your funds at risk. Or do you think for some reason that it's not a good enough r/r?

Yea.. these, and the bajillion types of scams currently being used out there: https://cryptosec.info/scams

No offense, but nothing really new with this thread.

Look at this and you'd immediately know why: https://cryptosec.info/exchange-hacks

I'm not totally against interest-bearing platforms, but you're doing it wrong if you have 100% of your funds deposited. You need to practice risk-control.

I really wouldn't be surprised if people look at it as something questionable, but really, as long as you're actually picking people at random(and not something fixed/pre-picked), then I really don't see anything morally/ethically wrong with it.

The China 60% mining power thing is definitely outdated now because of most big miners already exited China last year.

As for the others, mostly common knowledge for people here.

I personally wouldn't. But I'm pretty sure that if the requirements and application acceptance criteria are low enough, I'm pretty sure a lot of people would be interested. This would be a lot more for the low-mid ranks as far as I see.

For most people yea. But in the end, if you're quite sure that the cryptocurrency space is where you think you have a lot of edge in(may it be from trading/blogging/development/etc), then go for it. In the end people will have their own strengths and weaknesses.

..and probably put most of your funds on your Ledger wallet. Because security is the main reason you purchased a hardware wallet, right? So use it. Not to twist the knife here, but yea. Best of luck in rebuilding, OP.