I'm primarily on coinbase right and it's been working fine since I started but I'm starting to get a little paranoid that they'll screw up somehow, especially as BTC gets more valuable over the years. I'm in the process of exchanging most of my fiat into BTC and want to store it on my own. Any reccomendations?

Question for those who “bought the dip”. Were you not fully invested before or was it like $50 USD you found in your room? I can’t reconcile the maxi sentiment with the people coming out of the woodwork with dry powder the second there’s a 3% dip. Seems like serious holders would just ignore the volatility because they are fully invested. What am I missing?

PS for context I am a gen x middle aged guy with family expenses, mortgage, and healthy but maxed out allocation to BTC.

So last night I just happened to look at bitcoin with the, now delayed, tariffs looming. I saw the price was diving and decided “I’m gonna buy some damn BTC.” Got my account set up on Coinbase and put a decent chunk of change on BTC when it was around 94k. Then this morning, I saw it was on its way back up but still low, so I put a bit more in.

Let me clarify, this is not for a cash grab, I don’t have nearly enough money for that to amount to anything. What I am concerned about is what coinbase is reflecting.

When I made my purchase, my assets were immediately marked down. I assumed this was because I didn’t buy at the very bottom of the dip and the price was still falling. But as the price has climbed to $8k more per BTC than when I purchased it, my assets still do not match what I’ve put into it. Perhaps there’s some beyond my understanding but right now I think I fucked up (or coinbase is fucking me) and I need to sell what I’ve put in and buy elsewhere.

Am I crazy?

Hi everyone, I am new to Bitcoin and just started to buy small amounts. Buying on exchange and using a cold wallet.

I came across The Bitcoin Way (https://www.thebitcoinway.com/), the issue is that their package is quite expensive (over €5k). Has anyone taken their course before, heard anything good/bad about them, whether it’s a legit company/service?

I want to make sure I am safe and know what I am doing before buying larger chunks. Thanks very much.

I really believe that in the future 5-15 years from now, btc will double or even triple its value. But still im afraid to invest in it. I feel like the moment i will invest on it, it will lose its value for years until to come back, snd i will regreting it daily. And the moment thst it will start recovering i will sell it to not lose my money, and then it will start raising again.

Fk what to do.

I’ve never been so passionate about something like this in my entire life 🥲🥲🥲

I accidentally invested in bitcoin very early on... not really invested, it was change from a transaction. I had 50.25 bitcoin on a old computer. (Honestly only thought there was 2 or 3 bitcoin on there.... I was always scared to turn on that computer because it was so old and I had my key in a folder on my desktop. ( back when I got it, I think it was around 2 bitcoin for every dollar, so wasn't that valuable) I am kind of lost on how I can cash out the money. Do I have to pay taxes on it? Should I hold on to some or all of it?

Hi fellow HODLers. I have .1 btc but want to start DCAing every week. I have only used Coinbase. Is there a better exchange I should be using? I also just bought a Trezor for cold storage

My Mom and Dad are both interested in Bitcoin and I've been talking to them about it since I first bought some in 2014. They were leery at first and completely dismissed it but have gotten more used to the idea that it will be a currency that sticks around for the long term. They still don't understand exactly what it is and aren't computer savvy how can I easily summarize crypto and Bitcoin in a way that they will get the concept?

BTC stack is getting to a point where I can't afford to lose it. Looking to take it off the exchange. Wondering what y'all think of Trezor. Is a Trezor 5 worth it? Will a Trezor 3 suffice?

Didn't take long

Hello, friends,

As the title said, I can't ignore BTC anymore. I'm from Brazil and our currency keeps melting, even with the government delivering almost everything "The Market" wants. Now looks like the USA will implode sooner or later and we are watching the world changes faster than I told it would.

I want to buy some BTC but I don't want to do it by buying an ETF or the actual BTCs from a broker. There's any practical guide on how to buy it throught auto-custody? There's a marketplace? Anything I should know to make this buy a safe one?

I will buy it weekly and hold it for the future, no hard feelings with volatility.

Hey. I found a software with what I believe is old wallet files.

The main program is bitcoin.exe, and there is part_01.btc, up to 04

Anyone know what this software is?

It says "Bitcoin Backuper"

If you got into Bitcoin recently, and recently bailed on this dip, and are now questioning yourself seeing it recovering… the simple advice I would have for you is that this may not be for you.

If you’re trying to scalp little intra-day or intra-week movements to scrape together a few dollars, do not bother. You are up against sophisticated people, and AI, and trading strategies that have been around for a decade. You do not have a chance playing this game, sitting in front of your screen, all optimistic and enthusiastic. Especially if you don’t have a backbone for it. If you can't handle the wild up-and-down swings, don't get on the see-saw in the first place.

If you buy-in and it goes up -- way up -- and you're congratulating yourself on being a timing genius... don't. It could just as easily have gone the other way in the exact same time frame.

Bitcoin is wildly volatile. The only right move for the vast majority of people who believe in it is buy, and buy it now. Is now a good time to buy bitcoin? Yes. The answer will always be yes. Always. As long as you’re willing to hold onto it and not bail at the first sign of uncertainty/distress.

This is not a short term play… but for those who are willing to stick it out, you are buying into a commodity with a limited supply and an unending and growing demand. You do not need a degree in economics to understand the implications. But it will be a wild ride. Stick to it. Or don't participate at all.

I’ve been trading bitcoin for around 2 months and caught two swings for about 20% total gains, what tips or advice do bitcoin veterans have?

The longer you shitcoin, the more tuition you pay.

Hey everyone—

This may not be the best sub but I’m looking to transition into a career in the Bitcoin industry, specifically on the infrastructure side and I’m feeling completely lost on how to even get started.

I’m 23 with a Civil Engineering degree and have been working for a general contractor for the past two years. While the work is ok, I want to move into something I’m truly passionate about. Bitcoin has been that passion — I spend most of my free time reading books and listening to podcasts about it anytime I’m not at work.

I’ve considered getting a master’s in energy systems engineering, but I’m not sure if that’s the right move or if there’s a more direct way to break into the industry. Any guidance or advice would be greatly appreciated!

From recent X spaces with Ian: "Pressed flowers as a digital currency were much like today's memecoins. We used them as test units—play and toy units for our system for about 10 years. Programmers testing code would send pressed flowers back and forth, making transactions without consequences if something went wrong. It was a safe way to experiment."

Ian Grigg introduced the concept of triple-entry accounting (TEA), which extends the traditional double-entry system by adding a third, shared ledger entry that is cryptographically secured. This third entry acts as a verifiable record of transactions, reducing fraud and enhancing trust between parties without a central intermediary. His work on TEA was influential in the development of blockchain technology. His ideas on immutable, shared ledgers are mirrored in how Bitcoin and other cryptocurrencies maintain a public, decentralized ledger of transactions. The notion of 'the receipt is the transaction' from TEA directly relates to how blockchain transactions are recorded and verified.

Ian was also involved in the 'Flower Currency Project' aimed at using physical items (like pressed flowers) to represent digital assets, showcasing early experiments in linking physical and digital value, which parallels the concept of tokenization in modern cryptocurrencies where digital tokens represent real-world assets or rights.

Grigg's contributions laid some intellectual groundwork for the financial cryptography that underpins cryptocurrencies, emphasizing secure, transparent, and verifiable transactions, crucial for the functioning of decentralized financial systems like Bitcoin.

https://financialcryptography.com/mt/archives/000525.html

financialcryptography.com/mt/archives/00

listen to Ian talk in spaces, his perspective is one of a kind: https://x.com/i/spaces/1djxXrWAwVNGZ

It makes me giggle.

Can I replyace some words in passphrase on Jade Plus? I would like to add some of my own passwords so I don't have to rely solely on the generated words. For me it seems to be more secure as I do not know by which algo the pass phrase is generated, like 100% randomly or predefined.