Not any. Some wallets has a different deviation path and you might have some trouble trying to change it to generate the correct addresses. Depends on what you're doing, generating a new wallet and getting a new seed can be a good idea at times, if you feel insecure reusing the seeds.
It's okay to switch wallets and get a new seed. Sending them when the fees are low would be better though.
This. Besides paying a transaction fee(which you should be paying a really low one), there's nothing really wrong with generating a new wallet(especially when moving from a mobile/desktop wallet to a hardware wallet). If anything, it's more recommended; just to be safe if it's the case that your wallet's keys have been leaked sometime in the past. |
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Here's a very similar topic just posted yesterday.  Topic: How do you deal with 'Selling early' regrets?Anyway, you said you sold because you needed the extra push, and you did achieve that. I really don't see the problem in your case assuming you actually still have a good amount of bitcoin left; also taking into consideration that timing a buy or sell position is almost impossible anyway so there's almost nothing you could've done to predict this price increase. I mean, what if it ended up going the other way instead? Also, there's a reason why I personally almost never sell a substantial amount of bitcoin without any reason. (e.g. I need to pay $1k to my dentist, so I only cash out $1k worth of BTC. No more, no less). |
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Us boycotting Coinbase unfortunately isn't really going to do much. See what happened when privacy-conscious people tried to convince other people to boycott Facebook/Instagram due to their privacy issues? Yea, merely a scratch in their userbase. People are simply going to use the easiest-to-use platforms they know; and in this case, one of the leading choices is definitely Coinbase.
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Can we all agree now that Bitcoin has clearly outperformed Gold?
Well, obviously bitcoin outperformed gold because of the huge price rise we've had while gold remained quite stagnant as per usual. We don't even need to agree nor disagree, as bitcoin outperforming gold isn't even an opinion, but a mere fact. |
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I see some sense in what you say but I'm not sure it would work. Besides, why don't listing directly in satoshis? Would that be left for future "splits"?
Though I also like sats, the argument against it is that it's current price is too low. It would be better to use sats if it's value is at least around $0.0X; but then again, I don't think it would be a good idea to switch to mBTC temporarily then move to sats as it would be a bit too confusing for some people. One switch at maximum imo. If anyone wants a conversation concerning switching denominations: Topic: Using a lower bitcoin denomination(bits/sats/millibits): Which side are you on? |
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The lesson: Stop. Trying. To. Time. The. Market. Such a common advice but yet people seem to ignore it.
If you believe bitcoin is a good investment and if you're planning on investing long-term, who cares what your entry point is; just buy! If you think 40k is too expensive for bitcoin even for the long-term, then invest elsewhere. Pretty simple.
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Yea.. I'd personally hold onto that. Imagine like 10 years from now where Bitcoin is far more adopted; those collectibles would be most likely be heavily sought after. That's pretty much going to be a piece of Bitcoin's history; like an art piece.
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When talking about YouTube, Andreas Antonopoulos' channel (https://www.youtube.com/user/aantonop) should really be enough. As for some others, since last year I've really strayed away from "crypto YouTubers" due to too much clickbait and pump and dumps. Since then, I've always preferred podcasts. Namely: Plus, with podcasts, I can listen to them while doing chores. Time efficiency!  |
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Their charts do annoyingly take a while to load sometimes recently; along with me needing to do a few page refreshes here and there. It's pretty safe to assume that it's due to the recent bull run, hence a huge spike in website visits come with it.
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But taking profits IS selling for profit. If you don't sell them(at least some), you technically haven't earned off the price appreciation of your coins.
As for the "doubled their Bitcoin amount" part, since we're talking about a bull run anyway, I'm pretty sure they meant that the USD value of their coins doubled. Or unless, they traded successfully until they actually ended up doubling their bitcoin holdings through spot/leverage exchanges.
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What "assurance" do you need? Your friend is actually right, bitcoin CAN definitely crash significantly. And if that makes you shiver, it's either you're over-invested, or you simply don't know what you're investing in; because most of us here are totally aware of price crashes because big price movements is really nothing new with bitcoin.
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Bitcoin is behaving in a very unpredictable manner. I am amazed at how fast the price is growing and that it still didn't explode. But every few days I check the price and expect to see something like $15k, which I still think is a very good price per coin. But now that it's almost $40k, it's really crazy. I'm glad to see my small hodlings rising beyond what I would expect, but it's also sad for me that Bitcoin is more and more becoming an investment rather than money... And what's the point of having BTC is you'd still have to sell it for fiat to make use of it... I wish the adoption were rising along with the price.
Behaving in a very unpredictable manner.. you mean like it has been since forever? As for the investment vs money part, it's slowly getting there. I mostly spend bitcoin on my online spending now(both paying bitcoin directly or indirectly through a custodial service), though as for brick and mortar stores we'd have to wait longer. I really don't see the problem with converting bitcoin to fiat to pay for stuff though. If you're from Japan and go to the United States, you'd also need to convert your JPY for USD. But yet, the fact that you need to convert currencies doesn't necessarily mean that the JPY is crap or a failure. |
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If you take even just a quick look at bitcoin's chart, it's a safe assumption that a bigger crash would once again happen like how it did in the past. But at the same time, past performance is not indicative of future results. So in the end, while we can make our own guesses, no one knows. Tip: be financially prepared for a bitcoin crash, and a bitcoin moon. |
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Well, some streamers still use this and some of their audiences are using it too, I just find this idea good because it helps you support your favorite content creator and at the same time getting some reward for it. Maybe if they used bitcoin as a reward, I think many will flock.
Sure, I never said that literally no one would be using it and that it wouldn't gain traction. But then again, them conducting an ICO says a lot about the company/project. |
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...They have launched their ICO...
This is all we need to know to be honest lol; reputation immediately goes down the drain. It's once again one of those projects that has unnecessary tokens but still conducted an ICO to earn some munnyz. |
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If you're referring to having a section for investments in general(also includes assets outside cryptocurrencies like stocks), I actually really really want this. It's just that I think that people here are mostly just crypto-only so it would probably be no different than the Trading Discussion section.
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It depends.
In the trader's perspective, if your goal is simply to make profit in USD and you did end up making profit, why regret? It's not like you can time the exact top. Your goal was to make profit, and you did just that. Even the best traders can't exactly predict peak prices.
In a Bitcoin enthusiast's perspective, I mean, why did you even sell? If you sold just so you can "buy back at lower prices", well, lesson learned. All you can do right now is earn fiat for you to be able to buy more bitcoin, or straight-off earn bitcoin one way or another.
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? ? ?
1. Bitcoin has been very volatile since.. like forever.
2. A lot of traders lose money all the time, and it's their fault, not the market's.
3. Bitcoin doesn't owe anyone anything.
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