Good evening everyone,

I'm looking for advice on how to get started solo mining at home? I would just like to get a rig at my home, and even though I may not mine anything I'd still like to try my luck.

Thank you for your time

I just don't understand how you can make significant money without trading.

I've made 12k in just 3 months of trading.

Why would paybis be trying to ask for permission to record audio? Just updated the app and 2 steps of the way through a transaction it kept asking for permission to record my audio? Why would it be doing this?

I had a Daily purchase set up and it said the fees would expire after 7 days. I thought I would change from a daily to hourly DCA and the clock reset to 7 days for the free fee. I had assumed it was just 7 days of any recurring fee so now I need to pay for another 7 days. Annoying but just in case anyone else fails foul of this.

I have some bitcoin (in the 4 digits USD range) I’ve bought on an exchange for the past couple months. I also have an electrum wallet that is several years old.

Would it be wiser to move my bitcoin from Binance to my electrum wallet?

If yes, would it be better to create another wallet, and transfer everything there just to be 100% sure nothing from the current electrum wallet has leaked and my bitcoin could be taken from me? I plan on never selling and just stack until death.

No I won’t answer to any DMs.

I hold a small value of bitcoin but i am scared to go over 0.1 BTC in future because 10k is a big amount . I have jade plus which is considered one of the safest cold wallets but even then i am super scared to keep on trasferring more value into my cold wallet . I have seen people holding north of 100k in bitcoin value . What makes you believe that it will remain safe from hackers for the next 10 years of continuous DCA and HODL ?

As a newbie I'm trying to rap my head around the fees . Coinbase and Robinhood both sell the BTC for more than market price and add fees . Seems excessive. Anyone here explain what's going on? Bellow is an example from RH Price at the time $99,232.47 ВТС ask price: $99,804.85 BTC amount 0.02504888 BTC Buy spread (0.59%) Included in BTC price $14.85 Total cost $2,500.00

I just saw this post where it says this is the best time to open lightning channel. What does it really mean?

I'm aware about utxo and consolidating btcs because fees onchain mempool is very low but not sure about opening a lightning channel if someone can share insights?

https://ibb.co/C5kBzjFZ

Very much a beginners post here - I'm wanting to start auto buying BTC each month like i do with ETFs. Is it safest to use a platform to set up a standing order and auto buy BTC each month and also automatically send to a cold wallet once bought? I guess im asking is the additional step with BTC (vs stocks) that you should also transfer to a cold wallet.

What platforms are best for this if im thinking £50 a month?

Any other advice appreciated!

I have 1k in btc in binance. I plan to dca there or to buy when i think its low. But is it safe for long investment?

Can someone please explain the difference between "Coinbase" and "Coinbase Wallet"?

What does each one do? Do I need both? How do I move BTC between the two?

Thankful for all the helpful posts on here. Decided to use Strike with the hourly recurring investment option. The only question i currently have, is there somewhere to see your average price?

Hey there, I have to transfer a few thousand GBP from my UK account (Barclays) to my own US bank account (Capital One). I was checking the money transfer services such as Wise, Xe, etc. but the fees in all is quite high, or if the fees is low, then exchange rate provided is bad. So I was wondering if it is possible to transfer money from the UK to the US using BTC?

Can I buy BTC using GBP and sell it in US to get USD? I am beginner in crypto so I don't know much. If it is possible, can someone please provide steps on how to do it? And is it possible to get an idea about how much it would cost to make all these transactions (buying, selling, withdrawing) ? For example, consider I need to move 10k GBP

Also, are there any taxation issues or possibility of bank account being frozen? I read at a couple places that banks usually don't allow large amount of P2P transactions or btc purchases thinking it may be money laundering

The price of BTC has been fluctuating over the past couple of weeks from relatively the same price points, let’s just say for example, 99k to 106k

If you invest $10k at 99k and sell at 106k you would make around $700 ish. Why could you not just keep redoing that over and over again for profit?

For example, wait till BTC hits 99k again, reinvest the $10.7k you gained, sell at 106k to make $11.4k, then rinse and repeat ♻️.

Note: I know this is probably a stupid question to ask for people in here who are well versed in crypto.

So I have 260e to spend but idk how to buy on kraken,i heard kraken pro is better okay but how to import funds ? Do I need to go to my bank and import it through bank transfer(or I could do it with my bank application) or I can just buy with my visa debt card ?

I have about £400 in BTC on Binance that I'd like to transfer out of Binance into my Coinbase wallet. However the only compatible network between Binance and Coinbase wallet is BTC which will cost £4.

Can I just use a wallet that works with Lightning and transfer using that. After I can just go back to using my Coinbase wallet right? It's been a while but if I remember correctly all wallets do is hold the key to a public address, I can use whatever wallet right?

Criei uma carteira na blue wallet anotei as palavras quando importei em outro celular não apareceu o saldo e a conta parece nunca ter sido usada, verifiquei o saldo bc1qt8scyuacv0lg5c9j3kzdpn8ckdfxejjgn8wsj3 e o saldo continua na carteira alguém sabe resolver este problema tem outra carteira que tenho 4500 dólares pra receber e está com o mesmo problema consigo importar só que o saldo não aparece.

Thanks!

Hello everyone,

When I set up my Blockstream Jade device, I connected it to the jade mobile app via Bluetooth. Does this mean I technically made it a hot wallet?

Do I need to get a new wallet? And if so I will only use the QR code method because that’s the only air gapped method.

Thanks

Have found an old wallet address and what I think is a private key(54 characters long starts with a 9) from an old HDD. This is from 2011 when I mined bitcoin for a short while. Because it was so long ago, I can't remember where I created the wallet or what type it is.

Is it possible at all to retrieve the bitcoin?

I've tried mycelium and the wallet address shows my wallet, but when I try adding what I think is the private key it says "Unrecognized format".

My knowledge of using bitcoin is practically non existent so any help would be appreciated.

Thank you

I have a seed phrase from about 2014 or 2015, but it is 19 words. I am really careful, and wouldn't have omitted anything when setting up wallet, etc.

19 words? Anyone have any thoughts as to what type of wallet would have an odd number?

I'm 30+, have been buying Bitcoin occasionally over the years, accumulating a modest amount—not life-changing. With a better job now, I’m considering selling a significant portion of my stocks to go all in on Bitcoin. The total investment will still be less than one BTC, but I see better long-term potential (10+ years).

For those with experience or some insights:

1. Should I invest lump sum or split 50/50 between lump sum and DCA?

2. If DCA, should I spread it over 12 months or a shorter period?

I know this is not a financial advisor forum but I want to know from those who would have done this previously.. I'm a bit nervous given the current bull run. What’s the optimal strategy?

Hello,

I’m a long-term BTC holder and looking for the best strategies to optimize fees when buying and transferring Bitcoin.

I’ve noticed a few key points and have some questions:

1. Kraken Pro vs. Basic: Some people recommend using Kraken Pro instead of the basic version. What’s the difference in terms of fees? For example, on the basic version, I was charged €25 in fees for a €2,500 purchase.
2. Timing BTC Transfers: I saw a YouTube video about mempool optimization. If I understand correctly, the best time to transfer funds from an exchange to a wallet last week was on the 31st—where I circled the spot with a marker?
3. Other Fee Optimization Tips: Do you have any additional recommendations for minimizing fees when buying and transferring BTC?

Thank you

The link to see the graph from mempool : https://ibb.co/hJwpJjRt

I feel frozen by how complicated everything's getting and need some advice. First of all, I already have cold storage and an account at exchange X. I manually keep track of everything for tax purposes.

I want to expand my journey but I don't know what's next.

I hardly ever use my cellphone. Hate the thing. But more and more seems dependent upon it...like node apps and Lightening. (Seems a dedicated phone might be in order...another expense!)

I want to start using Nostr. But I don't want a handfull of wallets to keep track of. I want the most streamlined set up I could possibly devise. Do I even need to use a wallet within Nostr? Could I use Strike to receive zaps directly? Or is that not good practice?

A further complication to my situ is that I live abroad and have to report every bloody account in two countries. If I have this right, then the only added reportable "foreign account" is Strike (and not Nostr because I have no wallet there?).

I want the ability to send zaps too but right now, with every zap being an annoying reportable event and crypto tax software being a whole 'nuther yearly expense, until something changes there, it just seems way too complicated and not worth it.

Plus, there's all the security crap to deal with. I don't even know which browser to trust/use anymore. Techno is definitely outpacing my brain's capacity to keep up.

Talk to me. I need encouragement to keep growing and learning. I'm feeling so frustrated. I know this post is all over the place, but that's reflective of my headspace! Can anybody out there relate?

Finally, after hearing bullshit from friends telling me I should not risk my money and after reading alot of books and this sub I’m taking the step. I would like some advice tho; Ive chosen Kraken as my exchange and my plan is DCA 5€ a day, keeping it like 4 of 5 years. Buying more when is low. Do u think is a good strategy or should I do a larger initial investment? Bitcoin will be like 20% of my portfolio , I have the rest on index founds. Thank you guys for all the información and help on this sub. 🚀

Using Aqua wallet on my phone to transact in and store some sats in Lightning, L-BTC for cheap off chain transaction. I want know what happens if I

* lose my phone

* aqua goes bankrupt

Is there any way to recover those coins in Lightning or L-BTC? Or is it an acceptable risk I have to take?

Not sure if this is right subreddit but I'm deep into Apple ecosystem. What are disadvantage of using Trezor on iOS? and should I return it to buy Jade? - which seems more ios friendly