BTCUSDT20240714P58000
Bitcoin / Tether USD Jul 14 2024 58000.00 Put
crypto

BTC only direct Hodl right now. But might try BLOX. Not going to hold any other coins directly. BTC is just a different animal from the rest.

Every 10 deposits to a BTC hardware wallet
It’s a good idea to do a SEND ALL to a brand new bitcoin wallet
address on the hardware wallet to consolidate all the inputs.
Each input cost about $.60 to move
When you consolidate all your inputs into one wallet address, then it only cost about $.60 to move the entire balance when you decide to move it in the future.
It’s like converting 10 $10 bills into a $100 bill

You have Polkadots. You do not have 1.4 BTC.
Should you trade the Polkadots for BTC? Is that your question?
Shitcoins were created to separate you from your BTC. They serve no other purpose.
Consider yourself lucky to get even a full BTC back.

I'd reduce BTC exposure. I use the STCE Crypto Infrastructure ETF for crypto exposure without relying on a single currency. I would reduce NVDA and add in broad ETFS with more tech exposure like QQQM/VONG/SPMO. Ideally you'd want to keep most of your portfolio in ETFS as your foundation and then only use a small part like 10-20% for individual stocks until you get more experience. Some good high potential return stocks for next year on my list are SOFI (Online banking/investing/lending platform), RDDT (Social Media), HIMS (Online Direct to consumer pharmacy), OUST (sensors for robotics), META (Social Media), AMZN (Robotics and much more), ADBE (AI and much more), RKLB (Space), ASTS (Space), ZETA (AI Marketing), Uber (Autonomous vehicles and ride share/delivery), and UNH/ELV (Health Insurance in general). Many of these companies are starting to climb back from a large drop in the past month so current prices are pretty good for starting positions.

Haha proof of work is "literally shit"....
How much does it cost to produce 1 ETH?
How much does it cost to produce 1 BTC?
ETH has its place but it is not even close to BTC in terms of intrinsic value.
Please before you reply with a sarcastic rant just answer my 2 questions above and think about this.....
The mineral Coal is very very cheap because it's very easy and cheap to mine and produce and is found in abundance.
Diamonds, much more expensive than coal because they cost a lot more to mine / produce and are not in abundance.
If you think ETH is intrinsically more valuable, or at least should be, than BTC then you need to think about the example above.
Sure coal is far more useful than diamonds and has many more applications and use cases, but to tell me coal will one day be worth more than diamond, gram for gram is just absurd.

Ahh, to experience the pain of only receiving 25 BTC from your home mining rig...

I think Eth is fantastic.
They're just different approaches to similar functionality. Just like you can make vertical takeoff rotor aircraft faster by tilting the rotors (Osprey) or you can make jet engine aircraft capable of vertical take off (F-35), they're both ways to get to similar functionality.
I think ETH is priced for winning the L1 race, which I'm not sure that's the case. I think there are lots of competitors in that space. BTC is a unique use-case, basically busting all central banks and governments for being too liberal with their power of the purse.

Give me a good portfolio.
Started investing 1 month ago. Here is what my portfolio is looking like.
37% VOO
33%BTC (bought a few of the dips)
30% NVDA
I want to diversify my portfolio and have a couple ideas and have done a decent amount of research, but would like some education and suggestions from you guys and what is likely to drive the market in the upcoming years and why. I am a teenager so I have plenty of time to hold and learn. Thank you god bless.

You’ll build BTC equity way faster than home equity.

Well we screwed if Japan increases their interest rates.
Investors will run to bonds, yen, gold and silver.
Our shitcoin BTC will probably go under 80k

Not really. If no one’s willing to pay then is it worth it. 
Think of something like your house. You can list it for $10million, and there’s only one house exactly in its location so it’s unique.
There’s no offers.
By your logic your house is worth $10m. If someone wants that house they have to pay $10m. 
I think you’re confusing price and worth. 
If there’s a healthy market for BTC or houses there’s buyers assigning a value to what they’re willing to pay and owners assigning a value they’re willing to sell. Where those intersect at any given moment is the price 

> instantly get fiat using BTC
Even if the goodwill from the counterparty were limitless, that's not even possible as BTC is so severely limited in transaction capacity.

MSTR owns 650,000 BTC. How tf is MSTR not relevant to Bitcoin. They are one of the largest advocates, pioneers, and investors of spot Bitcoin. Any notion that’s suggests MSTR is not relevant to Bitcoin is blatantly ignorant & just pure FUD.

90% of my money is between brokerages and IRAs and 10% in HYSA. If i lose or forget my password, ill can still retrieve it. Unlike a seed phrase which is high risk. What if you lost your wallet that holds the 12 words? What if you get a concussion and cant remember it? With BTC, there is zero forgiveness. You lose it, you lose it for good.
Idk, ill take my chances that fidelity wont steal my assets. I cant imagine that percentage being very high let alone the lawsuits that would ensue. Cant say the same about btc or crypto.

1. **The kids will understand. BTC will remember.**

Less than 1%. I’m just stacking BTC for a while. No altcoins or meme coins, just stacking Sats.

you’re right native BTC can’t interact with smart contracts. Anything you lend on chain will be a wrapped version

Its not about been happy to own the stock. Its about being forced to buy stock in the event if a market collapse.
If the market collapses 50% today, do you want to have been forced to buy and hold $SPY or $BTC or $GME?

Fun fact : ..One single Bitcoin transaction uses about as much electricity as an average U.S. home does in a month.
Mining a whole Bitcoin block?..That’s enough power to run hundreds of homes for a short while. The entire Bitcoin network every year? It’s like keeping a small city lit all year long. Every time BTC moves, a lot of energy is getting burned.

They're using stable coins, none of which exist on the BTC network 🤷