getting back into the BTC game

[Huppercase]

Yes you are right it is smart choice to be careful when investing in Bitcoin. And to reduce risk keep Bitcoin in multiple wallets. If we have a lot consider a safe option like hardware wallet. But even with safe wallet we still need to be careful. Before investing we should take time to learn and understand the market. Some people might say to invest little at a time DCA but it's better to be cautious and avoid losing more money. Bitcoin price might drop even lower so it's important to wait for a better time to invest. But if we will use the DCA method so it is not important that where the Bitcoin is and what is the price of it.

Keeping Bitcoin in a hardware wallet isn't the only thing to look after, the back up seed phrase/ recovery phrase and the associated private keys is very important factor for safe wallet. I saw a post on X where a guy posted an advert for any person who saw his hardware wallet, he is offering to to give the person some amount and form the look of things, he didn't do a proper backup where his funds were kept else he would have just move the fund to another safe address instead of looking for the loss wallets and his house key.

DCA is one of the best and safe way to buy Bitcoin but the problem is not everyone has free money to buy consistently as the market drop, but if OP has the cash flow to buying as we dip, it will help him big time instead of buying at a spot when the next direction is not certain yet. But emphasis of wallet back up shouldn't be underrated.

[axel20]

Update: The admins have decided not to restore my original hijacked account because they feel there is not enough evidence to do so.  Oh well.  I gave it a shot. 

[logfiles]

Update: The admins have decided not to restore my original hijacked account because they feel there is not enough evidence to do so.  Oh well.  I gave it a shot.  

So sorry about the bad outcome, but what exactly did they say?

I believe you used your original email address to send them a message? That would partly be some useful evidence that you are the original owner of the account, and maybe your IP address logs from the previous years.

I still feel you shouldn't give up that easily, this guy did not, and he got his account back. Maybe make a case about this in Meta board as well.

[Peanutswar]

With the potential of the Bitcoin I've already seen what I need to do, with this current state of the Bitcoin it is now widely accepting by the society can be use now as a payment for different goods, as a transaction and people seeing now Bitcoin as a salary. I have separate funds with the Bitcoin another asset for holding my coins and wait for the next halving and another asset of Bitcoin just for my daily investment like NFT and trading so I do not need to make a transfer to my single wallet every time. Bitcoin already shows it's potential from its recent years so why not keep trusting with his story is the reason I keep holding this coin.

[Emmanuelex]

I can't tell for sure what the future holds, but I'm okay if the market stays a lot more stable, most people would be happy to make use of Bitcoin much more as a daily means for transferring money online and offline. Isn't that what the community wanted? Sure, I know some newbies would be feeling cheated if there's no other bull run taking place, but there are so many ways to make money in the crypto space instead of just waiting for an ATH price.

[Woodie]

I've been out of the crypto game for a few years now and I'm just now kind of dipping my toes into the water again.

The power of a positive mind, welcome back and hope you don't leave in limbo this time around especially that they say there is strength in numbers...we need everyone one put for the bullish pressure to happen if we all can buy BTC once In a while to make the difference

  Admittedly, I was a little angry when my original account on here got hijacked a few years ago and I wasn't able to get it back.  Oh well, water under the bridge, right? 

Issues of an account getting retrieved aren't difficult if you have some signed message somewhere and/or you can sign a message from one of your old addresses associated with the old account and you should be back on track...don't give up just yet!

Anyway, I just ordered a Trezor Safe 3 to start "hodling" again. 

It's not the wallet that makes you a Bitcoiner if having a hardware wallet makes you having that feeling, shoot for the star's

I've been reading different news sources about the future potential of BTC and it still looks pretty bright.  What is your personal view?  Are you still optimistic?  Riding the fence?  I'm curious.  Thanks.

Pretty bright indeed, institutional money keeps flowing in but seems tap is left open for some to siphone money out which is the only drawback for now...but this will go out way soon..

[Myleschetty]

I've been out of the crypto game for a few years now and I'm just now kind of dipping my toes into the water again.  Admittedly, I was a little angry when my original account on here got hijacked a few years ago and I wasn't able to get it back.  Oh well, water under the bridge, right?  Anyway, I just ordered a Trezor Safe 3 to start "hodling" again.  I've been reading different news sources about the future potential of BTC and it still looks pretty bright.  What is your personal view?  Are you still optimistic?  Riding the fence?  I'm curious.  Thanks.

Ever since Bitcoin was able to overcome the government obstacle and still manage to serve as a hedge fund during the world total lockdown that COVID-19 caused I don't think anyone that understands the concept of BTC will not be optimistic about its future not to mention the attention it gets from the world top investment firm.

[Popkon6]

Update: The admins have decided not to restore my original hijacked account because they feel there is not enough evidence to do so.  Oh well.  I gave it a shot. 

Don't lose patience with this because if you are the original owner you will definitely get the account back. But you have to prove, really strong evidence will help you get the account.

[CageMabok]

Ever since Bitcoin was able to overcome the government obstacle and still manage to serve as a hedge fund during the world total lockdown that COVID-19 caused I don't think anyone that understands the concept of BTC will not be optimistic about its future not to mention the attention it gets from the world top investment firm.

From this pandemic, many people can actually learn very valuable lessons in their lives, where they can see that they can still rely on Bitcoin in conditions like that. Especially when conditions are much better like now, it can provide a fairly clear picture that Bitcoin can be a help for those who believe in it and for everyone who still has it today. So the concept is that apart from having trust in Bitcoin, there must also be learning to be able to understand the difficult conditions that we can still solve by relying on Bitcoin.

[bubilas]

I've been out of the crypto game for a few years now and I'm just now kind of dipping my toes into the water again.  Admittedly, I was a little angry when my original account on here got hijacked a few years ago and I wasn't able to get it back.  Oh well, water under the bridge, right?  Anyway, I just ordered a Trezor Safe 3 to start "hodling" again.  I've been reading different news sources about the future potential of BTC and it still looks pretty bright.  What is your personal view?  Are you still optimistic?  Riding the fence?  I'm curious.  Thanks.

It’s bad that you didn’t return it a year and a half ago, since then the price was 20 thousand for Bitcoin. Now is not the best time to invest, because the price has long been in the corridor between 60-70k and sometimes breaks it up and down. If you decide to buy Bitcoin, it’s better not to do it now, but at the next drop to 60, or 57k. Because at least this way you can be sure that the price will continue to rise.

[Iranus]

I've been out of the crypto game for a few years now and I'm just now kind of dipping my toes into the water again.  Admittedly, I was a little angry when my original account on here got hijacked a few years ago and I wasn't able to get it back.  Oh well, water under the bridge, right?  Anyway, I just ordered a Trezor Safe 3 to start "hodling" again.  I've been reading different news sources about the future potential of BTC and it still looks pretty bright.  What is your personal view?  Are you still optimistic?  Riding the fence?  I'm curious.  Thanks.

It’s bad that you didn’t return it a year and a half ago, since then the price was 20 thousand for Bitcoin. Now is not the best time to invest, because the price has long been in the corridor between 60-70k and sometimes breaks it up and down. If you decide to buy Bitcoin, it’s better not to do it now, but at the next drop to 60, or 57k. Because at least this way you can be sure that the price will continue to rise.

But will OPP have the courage to buy if OP returns to the market when bitcoin falls below $20k? Also, OP is not the only one returning or starting to enter the market, there are many new who want to enter the market. It's true that this is not the best time, but if you still think this time is not suitable to buy bitcoin, then what is a good time for beginners to start? What guarantee do you have that bitcoin will correct and decrease as you say?
I remember when bitcoin fell to $53k, many people didn't dare to buy and they drew hundreds of charts showing that bitcoin would fall to $48k, but as a result, bitcoin was trading at $65k. Why don't we use DCA instead of waiting while there is no certainty about the future?

[axel20]

Update: The admins have decided not to restore my original hijacked account because they feel there is not enough evidence to do so.  Oh well.  I gave it a shot.  

So sorry about the bad outcome, but what exactly did they say?

I believe you used your original email address to send them a message? That would partly be some useful evidence that you are the original owner of the account, and maybe your IP address logs from the previous years.

I still feel you shouldn't give up that easily, this guy did not, and he got his account back. Maybe make a case about this in Meta board as well.

Yes, I sent them the email from the email address that the account was originally opened with.  However, I don't know what it was changed to after the account was hijacked, so who knows what the current registered address is.  This was their response to me:

"Unfortunately since the account has no relevant history that could help us with the recovery process, we have decided that it will remain locked. If you want to continue using our platform, our suggestion is to create a new account using a different email address as it will have the exact same privileges as this one.  Thank you for your understanding."

I would think that emailing them from the email account that it was originally registered with would be enough to prove ownership, but I guess that's not good enough.

[Viscore]

Good to hear you're back again. Welcome aboard mate. Now if you asked me if I'm still optimistic about bitcoin? Of course, I do. I wouldn't be staying here for long waiting for nothing, stretching my patience without a bright future waiting ahead for me.

Bitcoin has definitely come too far. Not only on its price, but also on how the people have changed their perspective about bitcoin. Bitcoin has already reached a significant price while you were out, and as long as the demand for bitcoin will continuously grow, its price as well will certainly not stop from increasing its value every now and then.

[Rustam Meraj]

Keeping Bitcoin in a hardware wallet isn't the only thing to look after, the back up seed phrase/ recovery phrase and the associated private keys is very important factor for safe wallet. I saw a post on X where a guy posted an advert for any person who saw his hardware wallet, he is offering to to give the person some amount and form the look of things, he didn't do a proper backup where his funds were kept else he would have just move the fund to another safe address instead of looking for the loss wallets and his house key.

DCA is one of the best and safe way to buy Bitcoin but the problem is not everyone has free money to buy consistently as the market drop, but if OP has the cash flow to buying as we dip, it will help him big time instead of buying at a spot when the next direction is not certain yet. But emphasis of wallet back up shouldn't be underrated.

I fully agree that making copy of your wallet backup phrase and private keys is very important. Story which you mentioned about someone losing their wallet and offering reward to get it back shows how important backups are. It is surprising they did not make copy which is easy step to take to avoid stress and losing money. I also think DCA is good way to buy Bitcoin but it requires having extra money to invest regularly. However making sure to back up your wallet is crucial and should not be ignored to keep your money safe.

[YUriy1991]

• Globally, I am riding the fence, since the time of the halving. The price didn't shoot up as almost everyone anticipated and bitcoin has since been struggling to set another all time high price which was naturally my expectation.

Of course and what you say is a fact and there have been consecutive events that have caused BTC prices to be depressed after the previous 73K increase where one of the triggers was the approval of the Bitcoin Spot ETF by the SEC and now the price is still in the recovery phase where the price is now around $64,250, but I still I'm sure because many are still optimistic that the BTC price will rise and move even higher after this market frenzy is over and let's wait and see whether Bitcoin will be able to reach 100K in 2024.

[Dickiy]

• Globally, I am riding the fence, since the time of the halving. The price didn't shoot up as almost everyone anticipated and bitcoin has since been struggling to set another all time high price which was naturally my expectation.

Of course and what you say is a fact and there have been consecutive events that have caused BTC prices to be depressed after the previous 73K increase where one of the triggers was the approval of the Bitcoin Spot ETF by the SEC and now the price is still in the recovery phase where the price is now around $64,250, but I still I'm sure because many are still optimistic that the BTC price will rise and move even higher after this market frenzy is over and let's wait and see whether Bitcoin will be able to reach 100K in 2024.

there may be some investors who feel panicked by what has happened recently in the bitcoin market, and that is normal, and I agree that looking at the current market, bitcoin is in a gradual recovery stage, and if you look at the current market movements that shows bitcoin has increased at $64K towards a positive direction, yes I think everyone who invests in bitcoin still has confidence. to continue waiting for the price to rise until it reaches the target set by bitcoin holders themselves, including myself, who is very confident in bitcoin, and very confident in the investments I have made so far, as long as we wait patiently and are consistent with what we have done so far. This. I think it's still possible to reach $100k by the end of this year,

[AYOBA]

I've been out of the crypto game for a few years now and I'm just now kind of dipping my toes into the water again.  Admittedly, I was a little angry when my original account on here got hijacked a few years ago and I wasn't able to get it back.

You really helped yourself by sharing this here, because is very sadly when i had that some one account has been hijacked after all the effort putting in to grow up the to reach full member rank. To be honest is not a day jobs, but let me say a big congrats to you since you can find finally get your account back soon; because I saw a one our users here have shared you a link on how you can get you account back.

Oh well, water under the bridge, right?  Anyway, I just ordered a Trezor Safe 3 to start "hodling" again.  I've been reading different news sources about the future potential of BTC and it still looks pretty bright.  What is your personal view?  Are you still optimistic?  Riding the fence?  I'm curious.  Thanks.

Apart from the Bitcoin investment I don't think they will be a other coin that will do better like them, because upon say the market of Bitcoin is flutrating it still has much value them other coin, and that's why people's they still keep up on purchasing Bitcoin even thought the price is higher in the future it be better.

[Webetcoins]

I fully agree that making copy of your wallet backup phrase and private keys is very important. Story which you mentioned about someone losing their wallet and offering reward to get it back shows how important backups are. It is surprising they did not make copy which is easy step to take to avoid stress and losing money. I also think DCA is good way to buy Bitcoin but it requires having extra money to invest regularly. However making sure to back up your wallet is crucial and should not be ignored to keep your money safe.

It is necessary and if not, then it is like you are only throwing away your money. You can only hope and pray that nothing bad will happen about your phone and computer where you keep your keys. Losing a coin doesn't always mean that someone didn't make a backup but there are also cases like hacking and fraud transactions (only a few to mention).

So, it's important to keep on learning and stay updated on how to avoid them. Backing up a wallet might be easy for us because we are an experienced user already but not for those who are still starting, though it would be better if they won't start buying Bitcoin first until they already master the basics of bitcoining.

[yudi09]

I've been out of the crypto game for a few years now and I'm just now kind of dipping my toes into the water again.  Admittedly, I was a little angry when my original account on here got hijacked a few years ago and I wasn't able to get it back.

Welcome back. There is a solution to the problem of hijacked accounts. If you are an active old user, you know how and where you will get the knowledge to find solutions to hijacked accounts.

I've been reading different news sources about the future potential of BTC and it still looks pretty bright.  What is your personal view?  Are you still optimistic?  Riding the fence?  I'm curious.  Thanks.

I am in the group that is always optimistic about Bitcoin. Bitcoin will be a valuable electronic currency in the future even though I cannot use Bitcoin as a legal currency in transactions due to legal restrictions.
As a commodity asset, Bitcoin for me is one investment asset that can protect against fears such as a decline in the value of fiat currency.

[Onyeeze]

I've been out of the crypto game for a few years now and I'm just now kind of dipping my toes into the water again.  Admittedly, I was a little angry when my original account on here got hijacked a few years ago and I wasn't able to get it back.  Oh well, water under the bridge, right?  Anyway, I just ordered a Trezor Safe 3 to start "hodling" again.  I've been reading different news sources about the future potential of BTC and it still looks pretty bright.  What is your personal view?  Are you still optimistic?  Riding the fence?  I'm curious.  Thanks.

what I have to tell you is that and whatever thing you are doing you got to make a proper research so that the thing will not fall back to you because when looking at everything it is since that the knowledge of Bitcoin does not have an extreme end so you most devote out time, to do whatever thing that you know that you benefit you in future because when I started it the journey of cryptocurrency mostly Bitcoin I have to take all the risk to make a proper research concerning cryptocurrency so from my own basic knowledge of crypto I know that it is something that I have to do with some certain things so those things that it has to do patient and also inquiring to be able to know the rules and the regulation of Bitcoin before you go into the investment