Lol what a way to get around this terminology debacle, if only I knew the key blaze for that I would've used it too instead of the halving. In all seriousness though I don't think it should be halvening. It's not even a real word for crying out loud and that alone is a strong argument about its invalidity. Plus Halving has a nice ring to it and it rolls off the tongue easier than halvening with its three stupid syllables lol. Based on the halving,we can expect to get good value for the bitcoin in 2024.Many of my friends holding their bitcoin since 2021 for the 2024 halving.If the prediction is successful,they will earn some good money from the bitcoin and their life will be get settled.Every person ultimate aim will be earn more money before the old age and enjoy some part of their life.But only few was willing to work for it and taking huge risk for the things.The crypto currency had give a lot profit to their holding people all the time.
I don't know if you're shitposting or what but you should've read from the title alone that we're not talking about the halving here, but what proper terminology should be used for the halving. It doesn't take a rocket scientist to understand that, does it? |
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Half of the rich people keep continue to swim in fame and wealth because of their occupied landed properties. If you own a land, housing estate you can be sure living great but this wealth are mostly control by political leaders and BD individuals......if you're blessed enough begins to occupy property's that can sure your next generation... In my country Nigeria if you don't have any of this properties forget yourself, you will end up making life mortgage and tenancy. Land never depreciates it keeps buying higher that's why I considered it the best investment. What do you think?
I mean you have a point when you say that land never depreciates but at the moment we're at the cusp of a total economic collapse, and real estate's in the chopping block. The housing bubble is about to burst and has already burst in some countries like China, where developers who have defaulted on their loans are getting their properties repossessed by the banks and the government. While I don't think this should stop people from still going after real estate cause at the end of the day, economic collapse or not there will be demand for houses and properties, this should help investors realize the importance of diversifying your assets and not putting all your money in a single investment venture. |
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Well said, my friend, you actually said my mind. Elon Musk thought it was business as usual thinking he can venture into anything and get it done better. Well, the Twitter purchase has put him on the wrong note, even the Tesla shares dropped so significantly. You see, if someone is touching almost everything and such things become successful, they see themselves as one demigod.
But not in all cases, social media is a different space entirely, especially when you are doing things that are anti-social media itself. He thought he can monetize everything better, but it boomerangs.
Actually, Elon Musk has started monetizing Twitter and it's going just fine for him. A lot of people use Twitter, a lot of people don't know how much Twitter means to them, and I'm not talking of just businesses or companies and so on, I'm talking of common individuals. People who interact and spend time on Twitter. These people might just be seen interacting on Twitter, but they get a lot of updates from the app. News and sports channels report their news on Twitter, and crypto companies and almost every other company drop their updates on Twitter, they even drop links to the full stories. People can keep up on a particular news update without actually watching the news if they have a reliable source on Twitter. Elon Musk knows this and he knows that there are people that are willing to pay to keep using this service. Definitely, he will make mistakes, but he will learn from them, and he will get what he wants. Recently he tried something to see how it will work, I guess he was just testing the waters. He knows what he's doing. Let me start with the first part of the first line, you must have overrated the leadership of Elon Musk's Twitter, it's as a matter of fact negative on the microblogging app, no wonder people sacked him with a vote. And for the record, there is no time that Twitter wasn't monetized, the only difference now is that Elon wants to monetize it more by forcing some people to pay for the benefits they derived from it despite earning from ads. This, as a matter of fact, is not bad, but his approaches and clear excesses are, and they also annoy people. Has it worked for him, Never! Twitter is retrogressing under him. I see people beyond what they claim they are and have never hidden my reservation for the guy on this forum. Overbearing people and those with authoritative tendencies are never my thing. People might have preferences on Twitter for some reason, but that doesn't mean people do not have alternatives if he continues to choke them. Thankfully, Threads is another exact microblogging alternative that is threatening Twitter, and if care is not taken and Musk doesn't apply wisdom, then the impact would be severe. You know in full honesty twitter could've survived had none of these changes came through. It was a solid app back then that does its things, granted the existence of bots in that app is fucking horrendous but at the same time it's not as bad as it is now. Plus the fact that the very thing he promised he will eradicate (bots on twitter) is still far from becoming a reality even when you purchase those blue fucking checks that costs around 10 dollars in some countries. So basically what this looks like is Elon, having realized that he's in a negative net profit after belligerently buying twitter from its old executives, and then firing them off all at the same time, is trying to break even in profits by making the common people pay for it with those blue checks. Don't even get me started with his beef against Threads lmao, he literally dug his own grave the moment he dropped essential employees of twitter. |
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when i was kids, i need to study very hard, to get a lot of score in the test. if i got a zero mark in a math test, i am very scare to go home and show the test paper to my mum.
when i am grown up, i have kids and wife now, i need to work very hard, to get a lot of money in the job. if i got a paycut, or i got fired, i am very scared to go home, i can't sleep well, my head is sweating, the memory of getting zero mark in a test keep haunting me like the nightmare, i need to go out and make a lot of money!!
tell me anything i need to do to make a lot of money. doesn't matter what, i would do anything to get all the money, even if it mean unlawful and unethical!
Is that self-imposed pressure or are you putting this stress upon yourself? Cause if you'd ask me, provided that you're still young, if your parents are putting you in too much pressure like that I'd say you're better off leaving them the first chance you get. No child should feel this stressed upon reaching dreams that their parents set up for them. You're not an insurance plan. If you're putting this upon yourself, I'd say you should actually take it easy my friend. I'm guessing you're at a point in your life where you don't have to really go through so much stress and pressuring yourself like that isn't going to help you ace your exams or whatnot. Plus, just cause you failed one class or something doesn't mean you're a goner. A lot of my friends weren't really textbook smart but now they're even more successful than me, it's all about what you would do after school that would matter the most in life. |
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I've studied most Bitcoin investors, those who have money to invest are the ones going around looking for someone to teach them how to invest, the first thing they want to learn is how to use the exchange to make purchases using Fiat on the exchange, they are always in hurry, they have no time.
Those who don't have money, have all the time to keep learning and reading stuff online about Bitcoin and the crypto space, they have no reason to be in any hurry and it seems they are the ones that avoid the unnecessary dramas in the crypto space because they took their time to learn first.
Do not walk away from Bitcoin investment because you don't have the money, it's even better not to have money because you will have the patience to learn more about everything, and when the money comes, you will be able to avoid many dramas.
Agreed. Been in both situations and I must say the time and freedom from pressure that comes from not having any money to invest is something that will really help you. I mean you could do the same thing even though you have the money to invest with but when you don't you're forced to do something with your time which in this case is to learn the craft first and foremost before jumping in. Still, when it comes to investing I'd choose having money over nothing cause the opportunities are better, and if I do say so myself rushing in headlong especially in a historically valuable asset like bitcoin who appreciates in value over time is something that isn't really stupid in the grand scheme of things. Provided that you hold as long as you can that is. |
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Land is becoming lesser and not very available for agriculture as before, There is a lot of Urbanization going on and many land space are being built on to carter for the increasing number of persons. There will be lesser organic foods available for consumption as the worlds population increase and farming space reduces. Because of this, there now has to be an improvement in farming methods and I personally consider vertical Farming to be the future of organic food farming. In vertical farming, Plants are grown in stacked layers under controlled conditions like green house farming. In vertical farming, Ensures Consistent Crop Production
One of the biggest benefits of vertical arming lies in the fact that it is extremely reliable. That means, when you opt for vertical farming, you can be assured of getting consistent crop production throughout the year. This is further made possible because vertical farming doesn’t usually rely on the weather, allowing you to cultivate crops without having to get worked up about adverse weather conditions.
Uses Space Optimally
Reduces Usage of Water
One of the biggest perks of vertical farming lies in the fact that it follows a Hydroponic growing process whereby only 10% of the water is used. This mode of farming also uses fewer fertilizers and nutrients when compared to conventional methods. Since the water is completely clean even after usage, it can be duly reused thereby reducing the total cost and cutting down on waste.
Cuts Down on Transport Cost
You can always choose to grow crops in an area where your customer lives thereby reducing transportation costs, carbon dioxide emissions, and the constant need for refrigerating your produce. At the end of the day, this not only contributes to the freshness of your products but also makes them incredibly profitable.
Doesn’t Involve Chemicals or Pesticides
When you grow food on a vertical farm, you have the chance of completely cutting down on the need to invest in pesticides. That is because your farming is practiced in a controlled environment that prohibits the entry of pests.
Limits Occupational Hazards
With indoor farming in place, no farmer is exposed to the hazards associated with using heavy farming gear. They are also well-protected from a range of ailments like malaria, issues from harmful chemicals, and the likes of it.Since this mode of farming does not affect trees and animals around inland zones, it is also an excellent way to promote biodiversity.
Larger Produce
Probably the biggest benefit of vertical farming is the fact that it helps produce more crops in general. As we already know, this mode of farming enables cultivars to produce crops consistently in a small area. Interestingly, it also boosts the amount of produce.
What do you think about Vertical Farming, do you agree that it is the future of farming really?
https://www.conserve-energy-future.com/advantages-disadvantages-vertical-farming.php I've seen this in a textbook back when I was grade 4, surprised that it's still not as ubiquitous as I thought it would be even though the only downside there is to using this vertical farming method is that it's gonna take some effort. In any case I've seen people use this form of farming especially in countries where the soil quality depletes fast and the only saving grace they could use is to employ this run down method or a derivative of it. In the Philippines which is an agricultural country they use rice terraces which is basically like this but with the added benefit of storm control which is something that vertical farming is a little susceptible to. But it requires cultivating an elevated area into farming so there's that. In any case if the agricultural sector is attended to and people put their minds and their efforts into creating solutions to the growing problem of soil quality depletion there are so much methods they can use and abuse. It's not a matter of how anymore at this point but when. |
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Elon who was on the internet for having agreed to a fight with Mark Zuckerberg is one of the worlds billionaires with a networth that's more than Mark's Metaverse.
He has followed a trend of acquiring some of the world's top assets in form of largest shares and ownership of the companies.
In 2021 he purchased huge BTC, in 2022 he acquired Twitter. This is 2023 and he is yet working on huge space exploration project to Mars among others like Neuralink, the boring company, Tesla.
My question is, what big purchase could we see Elon Musk likely make this year?
His ass out of jail after all the things that he's getting under fire of lmao. Kidding aside, no idea. The man's as unpredictable as he can be and it's not for a good reason too. He's made some of the most stupidest movements as of late, DDoSing his own website (Twitter) and masking it as some form of rate limit, laying off employees from twitter and then getting salty about it when they get hired to make a twitter competitor (Threads) and now he's suing Mark for it too. Not paying for shit rent-wise and Google Cloud, which lead to that first boohoo, so I can't really respect the guy anymore. He made himself a clown in front of the people and everyone else that follows him are a bunch of clowns on the internet who doesn't see him for what he really is. A clueless rat bastard who was born into money, and is now being outed by the world and himself as a textbook simpleton. even though his name is not what it used to be with the words he issued, until now his words are still counted in the cryptocurrency world, ha that's because he has the money to move the market, so many people will try to read Elon Musk's way of thinking. we know he is one of the richest people in the world, so nothing is impossible as long as he does it, of course there will be many people who will get rich by following his path, even though we know that he does it of course to make a profit for himself, that is the main thing for him
Even though he has tons of money, surely he would not throw it all in crypto since he still is a CEO of Tesla. He bought Twitter so that could have cost him a lot. I don't believe that can "truly" control the market though. I haven't heard anyone just one-manning a market.  On the other side, he could still just hodl Bitcoin though since we all know that rich dudes don't entirely "hold" their money. And nah, just because you followed his path doesn't mean that you'll be rich. Surely that guy had plenty of luck in his side and that's the sad reality for most of us. Hardwork ain't going to cut it, buddy. The 'plenty of luck' part made me laugh. While some are called to be servants, others would be masters. Else, what's a big company without a hardworking workforce behind it? Rival Thread app recently launched by Meta, with the ploy in the launch to poke a finger at Elons' Twitter, may have not yet gotten a deserved response from him. You know how billionaires think, mostly for someone as Elon who talks tough? Perhaps, he could respond by splashing huge cash on whom knows what, just to show Mark and his Meta who the big boss is. Ha. Lil bro Elon is literally taking Mark to court over "copying twitter" when he's not in the position to in the first place. Is that not a "deserved response?" Plus just cause you're big cash Elon Musk doesn't mean you can buy your way out of everything. I'm sorry but the Lizard Annunnaki man is winning the cage fight and this shit against Elon. |
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Getting an MBA is beneficial because it sets you apart from the rest of the pack. One of the advantages of an MBA is that it forces you to read and learn, which helps you expand your knowledge about any business you want to venture into. I strongly believe that one of the reasons why start-ups fail is because they lack a solid foundation in understanding frameworks and conducting their own research, instead of relying solely on purchased data. While it is true that not everyone may be able to afford an MBA program, the truth is that there is so much to learn from it. If you had the opportunity to pursue an MBA before starting a company or directly starting a company, which option would you choose? - https://producthq.org/career/product-manager/how-to-decide-if-you-need-an-mba-as-a-product-manager/ I think getting that degree is more important If you're shooting for a jumpstart on your career as an employee for an already established company. It gives you that leverage you need to stand out as you said and become remarkable against the competition. In other cases, like when setting up your own enterprise, the knowledge itself is beneficial but your degree's not gonna help you that much. But still, if you're trying to start out a business and you don't have a capital yet I suggest you actually go get that degree and find yourself a well-paying job that will help you raise funds for that business you're looking to build. That way you're not only setting your business, but you're readying yourself for everything that you may need preparation for by acquiring experience and first-hand knowledge of what goes on in a business. |
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Luxury watches at the top end of the market can be considered as an alternative form of investment. While I don't possess extensive knowledge about watches, my understanding from available information suggests that reselling them can yield a substantial profit. The return on investment for luxury watches tends to be quite satisfactory. Prominent examples of such watches include Patek Philippe, Rolex, and Audemars Piguet, some of which have a waitlist spanning two years. Most of these watches tend to appreciate in value.
However, the worth attributed to an item is typically influenced by its demand and supply. While I believe that owning one or two high-end watches, provided they are well-maintained, may outperform stocks, gold, and real estate, it's worth noting that their appeal may diminish over time. This is because future generations are increasingly gravitating towards other interests, such as bitcoin and other emerging trends. If given the choice, would you prefer to own a luxury watch or invest in bitcoin, digital assets, gold, stocks, or real estate?
The thing is besides the fact that they are fucking expensive, for some brands like Rolex and Patek, you can't really buy them even if you have the money for purchase, you got to fork some more money to get into membership and only by then will you be able to acquire the watch. Usually getting on a membership requires you to buy some affiliate products and fork over more money. All these processes make it so hard to acquire a luxury watch over these brands by yourself, which to some people makes them even more valuable cause it's only available for those who have the time and patience to even go through that whole process. In the case of bitcoin that's not really what's happening. You can easily buy it, store it, and sell it if you want to. To some this may entice them, to some this is just a no-no. Now I'd say that it all depends on whether you want a watch or a bitcoin but I'd be talking like the resident shitposters in this forum so I'd just say that, given the fact I already have a sizable bitcoin portfolio, I think it would be nice copping one of those nice watches yeah? |
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When Binance and Coinbase were sued by the SEC
Institutions should be afraid, but why are institutions the other way around?
institutions even apply for licenses to their respective regulators, and instead open a digital asset service?
And if the institution has entered, the pump should have happened, especially when it coincided with
halving in 2024. Right?
So, when institutions come in, and their bitcoins are custodied by them.
Are the bitcoins on the market becoming scarcer? plus, because there will be a halving?
and that means potentially Bitcoin will become more expensive as it becomes scarcer, and more numerous
less?
I'm sure many of the seniors in this forum know more about what happened and what will happen, therefore I beg the seniors to give a little knowledge and experience to us newbies, Really appreciate your discussion, Thanks.
Bitcoin's total circulating supply and block rewards are getting cut in half and you're asking if the value of bitcoin will increase in value when it happens? Like literally you should go get an economics book or something cause unless bitcoin drops to zero before the halving, there's no reason for it to remain in a 30k valuation in 2024. Like literally even without the people buying into it or a bull run just the fact that the total supply of bitcoin's gonna be less is more than enough to drive the price of a bitcoin higher. Don't worry bout any institution bullshit, they are way over in their head themselves and bitcoin's not about to confide itself with any particular institution, at least it doesn't need to. |
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100% right, there is already a topic on the same issue by mate2237 --> Don't Force Your Children to Learn Bitcoin. This thread also contains the same context as of yours but he is more focused on childs and you are most focused on overall generations. The point is, yes, we should not force anyone to learn it as, you are totally right, when your tell someone only the green gardens and positive side of something, some of them become skeptical and they begin to thought that you are trying to lure them into this scam. But if you just change your method of teaching then it will become like no i am not luring you i am justing giving you more options to make your life a little better. But i do not agree with your title (haha) as btc is a do or die thing (just kidding). While I agree with the notion, I most certainly do not stand by the fact that they portray teaching bitcoin as some sort of herculean task when all that you really have to understand is how to invest, hold, and other basic principles which your kid will know anyway later down the line. I much prefer Sim_card's thread cause at the very least he made sure to indicate that interest is what would matter the most out here. I think I'm going off on a tangent here but really my qualms is that teaching your kids about bitcoin when they aren't interested doesn't mean they are being forced to learn shit that wouldn't help them in the future. If I'm not mistaken the same principle is being followed in schools anyway so why waste time letting your kids bury their faces in their iPads and Fortnite when you can teach them about crypto and ready them for the future? |
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There certainly was a margin of risk and a fuck ton of uncertainty back in the days, after all bitcoin at one point in its life cycle was dirt cheap with no hope of ever increasing in value. Back then when you tell the common crypto bro that bitcoin's going to reach $30,000 in value you might get punched in the face just for how ridiculous your statement is, nowadays we're even looking for $100000. No hate though, I'm just saying that way back then things were a little casual in the industry and not a single person here who's been with bitcoin since day 1 thought of holding bitcoin til kingdom come and it reaches stupid values. All they really had going for them is the hope that it reaches a dollar next year or so.
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Since I joined this forum I have always wanted to invest in Bitcoin however Bitcoin investments in my country is not easy because of our currency value and the government is not in much support am currently working on convincing my mom to accepting Bitcoin in her tailoring shop i Also intend on hodling those Bitcoins
I would appreciate any advice on this my move
I have a hunch that you're living in a third-world country, in which case I'd say that forcing your mom to integrate bitcoin payments in her tailoring shop would be a hit or miss since not a lot of people to begin with will go out of their own way to use bitcoin for payments unless you incorporate some sort of discount deal on special items if they used bitcoin for paying. Another would be if you guys are living in a tourist spot which in that case there's a high chance people will readily have bitcoin to use for payment. If you guys aren't up for the first option, or you don't live in a tourist spot as with the second condition, I'd suggest you stick with conventional payment methods and just involve yourself with bitcoin information campaigns that are available in your country, that way you don't hurt your mom's business. |
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Stocks give like 20-30% returns in an year but bitcoin and other crypto coins can give this much return in just one day. At such, do you think that increasing popularity of bitcoin has reduced interest of people in stocks.
I think in some countries, people are really shifting to crypto only and most of their investment portfolio is in the form of crypto instead of stocks. The awareness related to crypto is increasing day by day and this more people are getting included in this crowd. Stocks on the other hand become saturated, people have realized that these stocks are not as much profitable as bitcoins. Also, there are other benefits of bitcoins like it can be used for transactions. This cannot be done with stocks.
It didn't. If anything it delivered investing, in all sense of the word to the common people. Ever saw WSB? That wouldn't be a thing if people didn't realize that they can actually invest in stocks and assets themselves without the need of a broker. So if anything, bitcoin and investing in it made people see how they can change shit for themselves wthout spending horrendous amounts of money or hiring someone who's probably out there to screw you too. There's the case of people jumping from stocks to cryptocurrency but that's a niche percentage and honestly I'd say the amount of people who invest on both bitcoin and stocks had increased drastically these past few years. So if push comes to shove bitcoin still couldn't be attributed for any deficit in user base on Stock's part. |
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I know everybody is not in a same class but still we all do budgeting, expenses and impulse. How much do spend a day? Do you think is possible to program your daily expenses?
Let's just say I spend a total of 10 bucks per day (I live in a third-world country so this is more than enough for me to get by actually). Every now and again I go to trips with my significant partner where I usually have to fork around 200 to 300 bucks in one go, that would cover for everything including our food, travel expenses, and if we ever wanted to go someplace else or buy souvenirs. This doesn't happen that often so I could still stand to budget things out and not spend too much in one go which is great. In the Philippines I live as a lower-middle income class which accounts for the majority of people in the country. I could stand to afford stuff if I want to and I have a sizable amount of savings in my bag that I could use if push comes to shove and things start to sour down. |
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There's been a lot of fearmongering regarding the use of used miners since bitcoin became popular. I've seen people back then even showing vids of GPU miners blasting their old rigs with water so they can resell it as "good as new" lmao. But in my experience I've never had a problem with used miners or used GPUs, it's just about choosing which site and people to trust and buy miners to. There's a lot of trusted and proven shops here too and all you just need is to give it a little search.
If you're planning to start with mining but you don't want to bust 6000 bucks on a new rig then buying used ASIC miners is the way to go. You can also use GPUs to mine crypto but I wouldn't really advise it as some sites like newegg and the likes have imposed restrictions on how much GPUs you can buy in one go.
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Hello everyone.
I think some people interpret this whole situation a little bit wrong so I wanted to share my opinion on this topic.
I think the banking contagion is now over. The government and federal reserves backstopping the banks with the protection of assets above 250k. So we won't see more bank runs because people know that their money is protected now so banks are safe.
Some people and media also say that the system broke and that means that federal reserves won't rise interest rates at the next meeting. And I think it's completely wrong. I think they will just rise rates for another 0.25% as a response to the SVB situation. The inflation is still pretty high and FED will keep fighting it, they can't afford to stop right now.
So I think we will still see a lot more bankruptcies, there will be more layoffs and the stock market will keep suffering from that. This also means that bitcoin will probably find a new bottom.
SVB may have had an effect in the way people looked at banks these past few months but I don't think they directly affected the banking situation, cause you have to remember that SVB is a business bank, which means it handles balances and capitals of businesses which are probably worth tens of millions if not more. The regular consumer bank couldn't hope to amount to that value so I don't think bank runs will translate to consumer banks cause who the fuck is going to worry about them not being able to withdraw their 10 bucks on chase or AMEX? Kiddings aside bank runs on business banks are still on the table and the 250k bailout that the government would give them wouldn't amount to the losses they incur in the process. Let it sink in. |
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After so many years, the US used Taiwan as a chess piece to oppose China, and I was surprised by this news. But I don't think they are bargaining with each other, and there will be another pawn in place. Instead, why don't we think in a different way? If the US continues to wage war with China on all fronts, the US will not benefit, the one who suffers the most is no longer China.
As for Taiwan, a distant water cannot put out the fire near it, whether the US continues to support Taiwan or not, it can't be stopped if China really wants to unify Taiwan. Even the US and EU are facing many difficulties in the Ukraine battlefield, so I don't think China will be afraid of the US to use anything to bargain.
Point taken, but to retract previous support regardless of whatever they have going on right now with China is something that I've never seen before. Plus this looks like an uneasy alliance to me considering these two countries are acting tough despite their current economic situations, and the best move to not rile the other's anger is to just show support. In any case I don't see this "alliance" if you can even call it that as something that will stay for a long time, I'll give it until the war between Russia and Ukraine ends, and these two countries will be back to throwing shit at each others like two silverback gorillas in a zoo. As for Taiwan, well I guess they just have to deal with it lmao. |
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The Rich/Government has used money as a tool to oppress the poor in a way that they practically use it to control everything in the world with the help of financial institutions.
The high class as they are called has maintained dominance in everything, not to be bitcoin biased or cynical, but in this case, I see Bitcoin as the alternative to this controversy and if we want to eliminate the power that is intoxicating us, then we must advocate for alternative means, Bitcoin as a currency without any central control will handle this menace in a manner that everybody will have power, control and self custody of their bitcoin, the market forces will now depend on more individual investments in it and group or institutional adoption, just imagine making Bitcoin handy and accessible to the populace.
I think the world will be a better place without notice or segregation between the rich and the poor if Bitcoin is embraced fully since Bitcoin is not a currency of a particular country everyone has the equal right and power to either store it or use it.
You're pretty optimistic, that's a good thing. But the thing is, the whole system is feeding off of this disparity and that fact alone is the reason why things wouldn't change even if bitcoin became the second coming of Jesus Christ. The system is just rigged from the beginning that everyone in it including us. To "fix the money" as you try to put it, would basically mean that you would need to topple the current status quo in favor of a future that we're not even sure is possible. Besides anarchic moves such as disrupting the system of currency in the world there are other better ways to incite change in the world. Mere boycott of products that actively participate in damaging the environment is more than enough to incite change. |
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You are investing. Using a wallet on an airgapped device or a better hardware wallet which is open source like Passport or Trezor would be better. Your keys are saver offline, than to be online. Electrum can be on an airgapped device, with or without the watch-only wallet: https://electrum.readthedocs.io/en/latest/coldstorage.htmlFor online wallets, Electrum and Bluewallet are better. Nice tip. People tend to think nowadays that it's much better using hot wallets when you're actively investing not knowing that if you're only doing the staple buy and hold mechanism you'd much rather want to be secure and safe. In regards to OP's questions though, I don't generally support going all in on one project/coin only since it almost always puts you at risk of losing all your funds in one go when the coin you invested in crashed in price. It's the typical "don't put your eggs in one basket" calabash basically, which aside from helping you secure yourself from unrecoverable losses, also gives you better opportunities for profit. But in the case of bitcoin, I don't think it's that bad since the coin's on of the most valuable cryptos out there, and if you held it for an extended period of time there's a huge chance for you to pick up a profit, since bitcoin's historically increasing in value anyway. |
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