Not Financial Advice - Buying the Dip (possibly last chance)

[Jack]

This is by no means financial advice and I won't be responsible for your losses. However what I'm about to say is something I'm personally doing.

Bitcoin is hitting 41k right now as I'm writing this. There are two ways this can go either the support breaks and it drops to 33k which means the lowest drop. Or we see a rebound from 41k which can create an ATH. It looks like a lot of people are buying as a lot of people are selling too. This could go anyway.

No matter if you buy now or if it drops ,at 33k the trend is Web3 and Metaverse coins that are going to give maximum profits in 2022 before the eventual collapse which is coming. Listen, a lot of you are in need of financial assistance so do what you want with this information.

Best counsel to buy during now and possibly if BTC drops to 33k is MANA, SAND ,ICP ,MATIC ,ENJ and SOL. These are the best bets for 2022. I hope this post ages fucking well. Don't fucking Hodl when we hit the new ATH in the coming months. Sell immediately and buy something that physically matters. I don't think the US economy will stand after another round of money printing. Please be prepared.

 

[Head Guardian Blitzkreig]

...

Thank you for your input. This follows HPZM's advice that we should all do at least a 40 day working to secure our wealth into the future. It would be very unfortunate if such matters forced an Zevism to lose some or all of their ability to advance, for example, so this goes beyond just having luxury items.

 

[Lucius Invictus [NG]]

Where do you go about buying BitCoin? How does it work and why does it work? I am ill informed in the land of investment but I want to learn, is there a guide?

 

[Fuchs]

Where do you go about buying BitCoin? How does it work and why does it work? I am ill informed in the land of investment but I want to learn, is there a guide?

See (on youtube the videos are not blurry):
https://odysee.com/@TraderUniversity:a


You could buy or get the ultimate guide to bitcoin from Andreas M. Antonopoulos:

https://odysee.com/@aantonop:8

 

[ChampionOfSaturn666]

Where do you go about buying BitCoin? How does it work and why does it work? I am ill informed in the land of investment but I want to learn, is there a guide?

The easiest way to buy crypto is through a centralized exchange.
Binance, KuCoin or Coinbase(only if you're in the USA).

I'm not an expert, but I know roughly that Bitcoin uses the blockchain(a fancy term for a global database. Think about it as a huge sheet of paper where the money flow is recorded. So things like who sent money to whom, how much money was sent. How much money you own, etc.)

Bitcoin is immune to inflation and was created to combat it. There will only be 21 million Bitcoins in existence and every 4 years an event called "the halving" happens. It's when the process of making Bitcoins(called mining) doubles in difficulty, which leads to less Bitcoins being available at any given time, leading to an increase in demand which, subsequently, leads to an increase in price.
If you want to learn more about Bitcoin, you can start with it's whitepaper https://bitcoin.org/bitcoin.pdf and after that, google away. Lots of material out there.

If you plan holding cryptocurrency long term(called hodling, yes it's spelled like that), it's recommended to use a wallet.
A wallet has a public key and a private key, public key is used to receive crypto from other people. It's something you share with the world. Private key (if I remember correctly, it's a 12 or 24 seed phrase) is something you never share. Even if someone asks you to. It's a key to your wallet. When you create an account on an exchange, they manage your wallet and have your private key. That's why you shouldn't hold your crypto there long term.

Other than that, you can check out videos on youtube for more information.

Oh, and there's an entire science out there called technical analysis - where you look at the price history of an asset and try to predict what's going happen. Even though I know a lot about it, it's not feasible to write a guide for it here because there are way too many terms a beginner doesn't know. This is also something you should just google and learn at your own pace.

 

[NinRick]

Where do you go about buying BitCoin? How does it work and why does it work? I am ill informed in the land of investment but I want to learn, is there a guide?

Essentially this has value because people believe it to have value.
The question is, will people in the future believe that it is worth than it is now?
What is good about Crypto is that it is not inflatable, you have a maximum of bitcoin for example.
Also you can transfer in real time money, instead if having to wait for days until your bank does the transfer.
Also what you should keep in mind is, is that pur current financial system is highly fragile and artificially kept alive, the collapse will come and is inevitable.
So it is good to have Bitcoin for that, so you have a plan B.
But only because the financial system crashes, won’t necessarily mean that btc keeps it‘s worth or even increases.

However, if the world governments decided to accept bitcoin as an official currency and the entire globe supports this sort of payment/currency, then Bitcoin will shoot to the moon.

If you have money sitting on the bench and don’t need it, you could invest if you believe that you can profit in any way from it.

I also invested something in btc but only to have a backup plan if things get worse.

 

[ChampionOfSaturn666]

Safest bet would be to use like 20-30% of your investment money now and the rest when BTC looks like it will definitely go up.
If it dumps to the 30k area, you get a nice discount and you still have majority of your investment money to capitalize on this.
I'll admit, I'm a little bit biased here since I've been bearish on bitcoin ever since it fell to the 55k range. So if someone is willing to take a risk, you can use as much investment capital as you want. I wouldn't recommend more than 50% still.

Remember folks, only use what you can afford to lose.
And this post isn't financial advice.

 

[Cfecit]

HODL!
Don't buy shitcoin. They have no intrinsic value, therefore it is like a game of chance.

For those want to know better BTC, or want to buy some:

BEFORE YOU BUY SOME YOU SHOULD READ THE BOOK "THE BITCOIN STANDARD", THEN "THE FIAT STANDARD" both written by Saifedean Ammous.

It's like JoS but in financial education.

Explained beautifully.

For those with money problems, you can find it for free downloading from libgen (the author even pointed this out in a tweet, so I'm not promoting illegality as he pointed it out himself)

libgen is available on TOR.

Very Very Highly recommended reading.

 

[Lucius Invictus [NG]]

Thank you for the guidance everyone, I will definitely look more into it.

 

[Lunar666]

Where do you go about buying BitCoin? How does it work and why does it work? I am ill informed in the land of investment but I want to learn, is there a guide?

https://bitcoin.org/en/exchanges#international

P2P is the Best Way to Buy cripto.

Do not trust centralized exchanges.


https://samouraiwallet.com/

 

[Stormblood]

I think Fuchs might be more intelligent than Michael Saylor himself. Only peasants get rich from Crypto. Real players like Fuchs don't invest in anything but Bitcoin and keep Hodl while millionaire's are made everyday from Altcoins.

Don't tell anyone about poocoins. 100x earnings in a year or less may be too much for some to process.

...

I am discussing the theory behind the results. The results speak for themselves. Unlike some overly cautious people here (and I am not referring to you specifically), I don't have any hang-ups about wealth.

It doesn't matter who owns or funds what. Even with BTC and real-estate, the enemy can sunk it in a nanosecond, if they want to. They are the market makers. They could take down BTC if they wanted, either by financial means or by physical means. They can make irrefutable offers and so on.

It also doesn't matter shit if they sink. Investment is not the only gig. There is also trading, which is a different way to play the markets where you can earn on bear market pretty easily. You know how many thousands and millions have been made from all the pips BTC dropped since it went short? I'd say most people have no idea, since they put all their eggs in the same basket (the investment game).

There is no need for all this hostility. People can become wealthy even if they don't play by your rules, as investing and trading financial assets of these kind are not immoral nor unethical. If you like BTC, keep playing with bitcoin. My job is unlimiting people and showing them potential.

...

Some of what I replied to Cfecit applies as a reply to you as well.

Other than that, I get you are a more cautious investor. That is fine but not everyone needs to do the same that you do. They can make their own choices after make their own (possibly in-depth) research. As far as I am concerned, crypto, DeFi more specifically, and Meta yield a lot of possibilities.

Another attitude is risk-taking, which yields different possibilities from caution and is favoured by the Goddess of Luck. The saying goes "Fortune favours the bold". Not all the time, obviously, because you need to be smart and study, not to mention use your psychic abilities rather than just overthinking things.

What I want to conclude this reply with is that emotions like fear really have no place in the financial world, only calculated approaches. You can be cautious and you can be bold, but you cannot make decisions based on the fear that X will happen. Fear is not data, is not evidence. Taking the path of justifying fear only stunts growth, as growth only happens outside of one's comfort zone. How much outside one goes, it's up to them, really.

 

[Fuchs]

I think Fuchs might be more intelligent than Michael Saylor himself. Only peasants get rich from Crypto. Real players like Fuchs don't invest in anything but Bitcoin and keep Hodl while millionaire's are made everyday from Altcoins.

Don't tell anyone about poocoins. 100x earnings in a year or less may be too much for some to process.

Most gamblers end up broke guys, otherwise casinos would be bankrupt.

Do we want to continue the enemy shit or do we want a free satanic decentralised world out of the enemy grip, the only solution to this is Bitcoin. We either are broke alone, or wealthy free together.

Kantillionares won´t buy BTC because they would kill thear own earnings.


I don´t argue here so I get rich, my asset gets bought, I only want to be free in every sense, that´s also the reason why I´m here to begin with.

With the Rituals espacially the shattering we destroy the enemy this includes all enemy infrastructures, money is nothing else then a form of energy. At day you invest your energy in enemy infrastructure and at night you destroy it?

Does not make sense to me.

 

[Priest - Alexandros Iowno]

I wish I could go back in time and not lose my Bitcoin wallet in 2011 along with others. I was mining hard when I was young, fried a lot of equipment only to forget and lose it all.

 

[Fuchs]

I wish I could go back in time and not lose my Bitcoin wallet in 2011 along with others. I was mining hard when I was young, fried a lot of equipment only to forget and lose it all.

I thought you are quite good with visions etc, couln´t you do a past live regression (this live) to find your things again?

 

[The Alchemist7 [SG]]

I couldn't say. It could and at the same rate it couldn't. I hold that coin in small amounts, maybe it'll pump sometime in the future.

SHIB to become 1$ from today as 0.000035, means that you will have a percentage increase of 3333333. Today SHIB's cap market is 17billion usd. Then, when shib hit 1$, the cap market should be, if I have done the calculations correctly, 533.4 Trillion usd, when the world's entire wealth is estimated at between 100 and 300 Trillion. Make your own conclusions.

The world GDP is somewhere around 195 trillion as far as I remember.
Anyway you are right that coin is way too abundant to ever reach $1 one coin, is not meant to reach such value by design since there are 500 trillion coins available (and another 500 trillion `locked` coins which are not available for trading).

 

[Aquarius]

I wish I could go back in time and not lose my Bitcoin wallet in 2011 along with others. I was mining hard when I was young, fried a lot of equipment only to forget and lose it all.

I feel for you.

 

[Priest - Alexandros Iowno]

I wish I could go back in time and not lose my Bitcoin wallet in 2011 along with others. I was mining hard when I was young, fried a lot of equipment only to forget and lose it all.

I thought you are quite good with visions etc, couln´t you do a past live regression (this live) to find your things again?

I still have the HDDs with over 4 wallets and hundreds of Bitcoin, but it is infected with encryption virus. That's how I lost like 3 systems over 2 years of mining and moved on since then. I am too angry to try do recover anything, spent a lot of time only to find it impossible.
Bitcoin-Qt if I remember right the name. If you format, encrypt or lose the walled.dat you are done. That's a Plutonic negative outcome, so nothing out of the ordinary here. I tried too many times to save something from the HDD to no luck. Recovered the doge coin, with only like 1000 coins.

A couple of years ago I also mined Monero only to lose it again, this time by forgetting the seeds. But this was just a couple of hundreds bucks.

I always had extreme luck in finding opportunities and knowing how to, but on the cash out aspects , always always hard luck. I will put my planets in the second house to work soon with crypto again, only this time I won't ever mine again.

 

[Stormblood]

I wish I could go back in time and not lose my Bitcoin wallet in 2011 along with others. I was mining hard when I was young, fried a lot of equipment only to forget and lose it all.

I thought you are quite good with visions etc, couln´t you do a past live regression (this live) to find your things again?

I still have the HDDs with over 4 wallets and hundreds of Bitcoin, but it is infected with encryption virus. That's how I lost like 3 systems over 2 years of mining and moved on since then. I am too angry to try do recover anything, spent a lot of time only to find it impossible.
Bitcoin-Qt if I remember right the name. If you format, encrypt or lose the walled.dat you are done. That's a Plutonic negative outcome, so nothing out of the ordinary here. I tried too many times to save something from the HDD to no luck. Recovered the doge coin, with only like 1000 coins.

A couple of years ago I also mined Monero only to lose it again, this time by forgetting the seeds. But this was just a couple of hundreds bucks.

I always had extreme luck in finding opportunities and knowing how to, but on the cash out aspects , always always hard luck. I will put my planets in the second house to work soon with crypto again, only this time I won't ever mine again.

I DM'd you something that you will appreciate.

 

[Fuchs]

I wish I could go back in time and not lose my Bitcoin wallet in 2011 along with others. I was mining hard when I was young, fried a lot of equipment only to forget and lose it all.

I thought you are quite good with visions etc, couln´t you do a past live regression (this live) to find your things again?

I still have the HDDs with over 4 wallets and hundreds of Bitcoin, but it is infected with encryption virus. That's how I lost like 3 systems over 2 years of mining and moved on since then. I am too angry to try do recover anything, spent a lot of time only to find it impossible.
Bitcoin-Qt if I remember right the name. If you format, encrypt or lose the walled.dat you are done. That's a Plutonic negative outcome, so nothing out of the ordinary here. I tried too many times to save something from the HDD to no luck. Recovered the doge coin, with only like 1000 coins.

A couple of years ago I also mined Monero only to lose it again, this time by forgetting the seeds. But this was just a couple of hundreds bucks.

I always had extreme luck in finding opportunities and knowing how to, but on the cash out aspects , always always hard luck. I will put my planets in the second house to work soon with crypto again, only this time I won't ever mine again.

As technology advances so does cracking software, If you have your HDDs then you don´t lost your bitcoins you just lost acces to them, keep them, may in the future you will find a way to solve it. With the benefit you didn´t sold your BTC for a quick buck.