Have you consider that you lose all your coins because the wallet phrase to your coins and PC burn in a war.
So what will you do if you survive after the war to start back your financial struggling and your crypto investment journey. Or can you get the coins back?
I've actually thought about this, though it's not an effective storing technique but I'm left with no choice since I'm constantly on the run for my life. Storing my seed phrase on a piece of paper or metallic steel plate may not be ideal at this point as it could be destroyed. I know I don't support storing of seed phrase electronically but if I happen to be in a country where there's war, I would save it in a cloud storage and if I make it through the war and everything returns back to normalcy. I would look for a computer or phone and access my funds. If it's still in intact, I would create a new wallet, transfer my funds to the wallet and keep my seed phrase offline. I also think it will be better to store that way in cloud storage. Storage like you save in google drive, it will be safe there for anytime that you like to restore it after a war when you survive it. If you keep in google drive you have to remember the password to login to the google account and if you do that it will open everything you have keep there. You have to keep the password save no matter how long you will access it back like your email too. |
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Rank- Full Member
Segwit BTC address- bc1qu0pylqhz5hng5hjlnxud4cmz63h5r06qgcr9ys
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The usual early morning pump for ants .
I am getting used to it.
Never bored, but I guess how long this pattern will last.
If we have more of the pump till month end we will see $30,000. I'm not bored seeing the pump also and we looking closer for the bull. so we are getting there step by step. I see a big greenie on the horizon. The bears will simply be too tired to resist it.
No doubt bear will give way if it taste 30,000 again. |
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-snip-
Kids will be busy for whole evening and wont even come to table to look what you are doing.
At first glance this seems like it will work, but what about the parents' activities? playing cards? gambling online? Even though other gamblers bring their children, I am sure that the child will still pay attention to his parents, and then sometimes he will approach his parents just for ask something or come because he is curious about his parents' activities. There is a time where children get bored playing with other, if it happens will definitely cane be a times when the child will start to disturb their parents who are playing cards or gambling in other ways. and it will possible he will seeing his parents playing gamble. Except that the father is serious in chasing away the child to meet up with other children to play with them, the children always do come back to have look on what the father is doing with the phone getting busy with it. Children that reach a certain age want to follow in everything the father do and this is difficult not allowing them with you because they will cry. If the father is not discipline to avoid the child having knowledge of what he is doing online, the children will learn it because they are fast to learn in what they see. |
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Have you consider that you lose all your coins because the wallet phrase to your coins and PC burn in a war.
So what will you do if you survive after the war to start back your financial struggling and your crypto investment journey. Or can you get the coins back?
I always have digits backup just in case despite many warnings here about not backing up your seed phrase online. I always zip my seed phrase with password and put it on an online storage such as icloud. I make the name of the zip files like a typical documents just to make sure a hacker won’t get interested on it just in case. I always expect the worst since my country is always experiencing strong typhoons every year that give high risk of physical damage on my properties. On this case of war, I believe having an online backup is your best choice since you can’t guarantee the safety of your assets physically. Just move the coins safely on different wallet once you are already on safe place. yeah you can do this on emails. make three different emails. say 24aatyb6531@yahoo and zz2266tak12@yahoo and tw24xtyuoks@yahoo put eight seeds in each in each address.
The only place to keep such would be in an email. Just pile up everything secret in one's email with a remarkable password. If one can remember the email password, one can easily open it after the war to assess whatever that's kept there but is the email even a better option with all the hacks we see every time?
I also thinking about the email idea and not writing it down on paper or to engrave in the stainless because if your building is suddenly on domestic fire and you are in your office you will not come home to rush inside the fire to save to get it. If your apartment is attack in war like is happening in Israel and Palestine, Ukraine and Russia you run for your dear live, so it is difficult. I also believe email is a little safe if you have password that you can remember fast if you don't also lose your memory after the war. I think when saving in the email, you can make it secret or disorganized and you can save the wallet name different in draft that only you will be able to put them all together and the hacker will not know the name of the wallet to imput the passphrase. That is to secure against hackers . |
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So what will you do if you survive after the war to start back your financial struggling and your crypto investment journey. Or can you get the coins back?
There's nothing you can do. If you have neither the wallet file nor the seed phrase, there is no way to recover the wallet. It's always recommended to keep multiple copies of your seed phrase in different locations. For more security, you can consider graving your seed phrase on a stainless steel plate instead of a writing it down on a paper. What happened if in the war you are force out in rush to survive bullets with no means carrying away with you stainless steel plate of the graving that you make of your passphrase for the coins. What can you do because war and running out to refugee camp has no preparation. I'm looking at the war all over different location and I think of that for people in problem like that. You can use software that allows you to create a wallet with a seed phrase of 12 words.
It's not impossible to remember 12 words if they are very important. This way you can keep the wallet in your brain. Also known as a bitcoin brainwallet. No one can steal your thoughts.
In cryptography we trust (& verify).
Can you keep memorizing 12 different words for how many years. If you open your wallet and safe in your brain you will forget one of the phrase after long time. You thinking to memorize during war before escaping death is not easy because of fear you can't remember them. |
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Have you consider that you lose all your coins because the wallet phrase to your coins and PC burn in a war.
So what will you do if you survive after the war to start back your financial struggling and your crypto investment journey. Or can you get the coins back?
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Merit earned in the last 120 days- 6
BTC address (Segwit)- bc1qu0pylqhz5hng5hjlnxud4cmz63h5r06qgcr9ys
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Rank- Full Member
Segwit BTC address- bc1qu0pylqhz5hng5hjlnxud4cmz63h5r06qgcr9ys
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Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss they are almost the same or what? What dou you think?
This is the same with those who run telegram group that are bringing crypto community in one group and give them some orientation and after sending them to sell or buy the coin that they selected for them because they will have profit on it if they dump as the price go down because they will wait and buy them all back. This is also what the bank is doing. The bank loan the customer money and charge high interest from them also . |
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My greatest realization after this is that inflation all round is destroying my budget. It's been five months now. I am torn between using my emergency funds or selling some of my assets to cushion the effect of this economic situation. What do you suggest I do?
The simple suggestion is don't sell your assets, make use of your emergency fund. It is called emergency because of some reason and that is what it is for. Your assets depend on what it is, if land or physical properties it should appreciate high with the inflation, land is not affected by inflation depending if not in swamp area or flooding area. If you are having asset in cryptocurrency be patient for the halving next year but fiat is going to be taken out by inflation you can use it as emergency fund also for your resolving of your emergency problem. Inflation in every country and affect average people more than rich people. |
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Yesterday there was bitcoin pumping and since the start of the week but I am not so excited for that like most people feel. I don't know what is leading the pump and so it will be prediction for where the price of bitcoin will end this year. I think the price pump can later drop for correction and the price become stable around $25,000 and $30,000.
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Still, who knows if there is even any news or when this market will turn around again.
Expert in the cryptocurrency market will say to you the time you can have a great profiting time in the market is the time during the halving or a little after it. At that time more investors enter in for buy and that keep the price steadily up until the current ATH is over taken then some people start to pull out, this is what I notice on my own. This halving last year can repeat this history and investors are waiting for a moment they will come in and take advantage of the market. |
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Sport betting is not what we should just assumed to be thesame as other gambling games because it's more flexible to predict as for me and there's no how you will gamble and not be satisfied with the results since you have the right to even remodifiy your bet before the end of each match,
If odd is just what make prediction easy to win in football betting that mean every body who bet will win the game that he predict. This is not so because I have seen many lower odds losing game when the big odd team that people don't expect will win. Gamblers have this believe like if a team has big odd it means they may lose like example 1:50 against 12 odd, but it is not always the case for that to happen. Taking the risk is gambling because it is luck base. |
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Is that sawblade ? This is reminding me the film blade. The government is trying to bring down the tree with so many branches. They can't kill the tree because branches is everywhere |
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Brutal
I tell ya its tough out there. Being in crypto gets you no respect.
Went to the barber today, said what kind of haircut can I get for 100 DOGE
He said 100 DOGE gets you a shampoo of my balls
Then he doused me with barbicide and set me on fire
No respect at all
Didn't you see the no dogs sign outside the door?  Wait for your respect when bitcoin bull arrive and you get a whole county hair taken care of with 1 doge haha Most people here will be driving a brand new car in approximately 24 months from now.  Hope seeing you there with Ferrari Purosangue or Porsche Macan. No space for weak hands. Haha |
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everybody else gotta bailout the marriage!
If you want to put marriage and business together side by side to compare, it is not all marriage that will succeed so we have to get that, just like it happens to business too. For some business like you see not all is good for bailout and trying to continue bailing out will lead you to bankrupt. If you have that type of business you can move on, if you have invest in wrong coin or you are scammed you have to move not to stay on regret because better days ahead. |
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