05-07 19:25 - 'My bags are XTZ, ETH and BTC. You won't make money selling after weeks/months. That's basically gambling and hoping to get lucky. Dollar cost averaging and holding over years will serve you best. / Remember, I'm a stranger o...' by /u/onebalddude removed from /r/Bitcoin within 7-17min
''' My bags are XTZ, ETH and BTC. You won't make money selling after weeks/months. That's basically gambling and hoping to get lucky. Dollar cost averaging and holding over years will serve you best. Remember, I'm a stranger on the internet. Do your own research on these projects before making decisions. If it was easy everyone would do it. ''' Context Link Go1dfish undelete link unreddit undelete link Author: onebalddude
04-26 19:55 - 'Read The Bitcoin Standard, start dollar cost averaging with [link] easiest and cheapest way to buy bitcoin. Then buy a cold wallet and always store your coins offline. Hold and don’t sell for atleast 3-5 years.' by /u/CamA90 removed from /r/Bitcoin within 75-85min
''' Read The Bitcoin Standard, start dollar cost averaging with [link]1 easiest and cheapest way to buy bitcoin. Then buy a cold wallet and always store your coins offline. Hold and don’t sell for atleast 3-5 years. ''' Context Link Go1dfish undelete link unreddit undelete link Author: CamA90 1: www.swanbit*oin.**m?*r***dt*j8m Unknown links are censored to prevent spreading illicit content.
No joke, my mother is constantly asking me how to get into Bitcoin. But I believe it might be better if I manage all that for her as she is not a tech geek... doesn't that imply that I don't trust the average people to hold Bitcoin in a secure way? Here are some thoughts...
There are a couple of things going on with my post here...
I am not kidding, I told my mother about Bitcoin and since then she is asking me constantly how she can exchange her spare money to Bitcoin.
That's actually cool, but I constantly have to install a fresh Windows installation on her notebook as she is a master to destroy things (I am not kidding, it's actually less work to just reinstall Windows freshly on her PC after the data backup)
This implies I don't trust her to hold value, so called Bitcoins on her PC with any wallet. This also implies that I rather would suggest to hold her private keys and passwords.
This also implies that I actually maybe even would suggest her to use a middleman... Coinbase. She did at least never did something awful with her PayPal account, that means I she probably also wouldn't mess with Coinbase, at least not if there is SMS authentification like on PayPal (don't know if Coinbase does offer this).
And the point, something I realize... I do not think that the average people will ever understand how to use Bitcoin, unless they use a middleman like Coinbase. Thus, only a centralized Bitcoin can go mainstream, that's what I do think at the moment.
Of course, I assume some hardcore people here will flame me to hell for this opinion. But I do more and more think that this is exactly the case. If something will ever go mainstream, then it will most likely not be Bitcoin, it will be a payment provider like Coinbase that makes use of Bitcoin. Thoughts?
How does segwit vs big blocks effect the average user who is holding bitcoin as an investment?
I know some will disagree, but there's already better blockchain based currency for small transactions, so im just going to leave out the argument of using it as a currency. Realistically does it matter which chain wins out to the not so educated user who is just holding for profits and doesn't care about transaction fees?
Something I learned from the last bull run, picking winners in crypto isn't good enough by itself
It isn't good enough simply to pick a winner (whether it's crypto or stock), you also need to sell in order to lock in some profit. Since we can't time the top, consider employing a dynamic DCA strategy. For example, the people I respect in this ecosystem, create price bands, and then sell a higher percentage of their holdings as the price enters each band. It effectively locks in profit and it's weighted so that you're selling more as the price of the asset rises. An easy way to think about this is to create a table, with the bands, and the amount to sell. Divide your total holdings by 15 to get 'x', and then create 5 bands. For example, with BTC I might create a table like this:
You can create more or less bands as you see fit. The point is to start thinking about this stuff now to avoid making emotional decisions in the future. I'm still accumulating, and it could take 1.5 - 2.5 years for this cycle to peak, but anything can happen and you need a plan to avoid seeing your investments contract 80% when this cycle ends. Bitcoin is a winner, but crypto is very cyclical so don't forget to take some profits on the way up!
How much BTC does the average member here probably have?
I joined a few weeks ago and when I hear how personally invested and how much people praise BTC I usually assume these people have several bitcoins at least (3-5+), then I get a little jealous for not being involved sooner. How many BTC do you think the average member here has?
Does anyone know of or have a list of places where I can possibly earn dividends in Bitcoin through investing? It would be nice if I can passively add to my stack. I am aware of Nash.io but would like to know if there are others.
I am new to bitcoins and hope to have a non-zero amount of bitcoins soon. It seems like a useful amount to have on hand week to week might be somewhere around 0.1 bitcoins at the moment. This will allow me to spend it on things that I would probably spend cash on anyway. Is there any data on how much people are holding and spending? Also, it seems the best way to get bitcoins is to buy them in person - any tips for doing that safely and ethically? Edit - The answer appears to be 'less than 1' for the large majority of bitcoin addresses.
How much bitcoin do you think the average r/bitcoin poster holds?
I find myself wondering how many of us are holders (hodlers), and at that, to what degree? I know it took me a long time to reach 1 btc (mostly because I only put in a few dollars each month), and I also seem to see celebratory 21 btc posts almost weekly. Granted, hodlings are of course private and it's hard to know if any of us would even want to tell the truth about how much we have.
The average USD value of the user’s bitcoin holdings.The average is computed from the holding balances recorded at the end of each of the user’s bitcoin transactions. Holding values are converted from bitcoin to USD using end of day USD/BTC conversion rates. Exchange rates prior to July 18, 2010, are not available, and, therefore, values before this date are converted at the July 18, 2010 ... The average bitcoin investment per wallet is less than $100. How Much Would Put You in the Top 10% of Bitcoin Investors? According to data from bitcoinprivacy.net, to make the top ten percent of bitcoin holders today, all it takes is an investment of a bit over $260, given the current market price of bitcoin. While a small investment of $300 may seem too minuscule to make an impact on the ... For instance, bitcoin’s price fell by 33 percent in the seven days to March 15. At the time, the seven-day average of coins held on exchanges rose from 2,333,279 on March 11 to 2,350,795 on ... Top 100 Richest Bitcoin Addresses. Bitcoin distribution. First Input, Last Input, Number Of Inputs, First Output, Last Output, Number Of Outputs, Balance Digital money that’s instant, private, and free from bank fees. Download our official wallet app and start using Bitcoin today. Read news, start mining, and buy BTC or BCH.
Bitcoin Moving Average Tutorial - SMA, EMA & More ...
We discuss a Bitcoin trading moving average strategy using the cross over of the 10 moving average, 20 moving average, 50 moving average, and 100 moving aver... Trading Bitcoin - $BTC Holding $11k Like a Boss, Now What? 👉 Subscribe so you don't miss the next one: http://bit.ly/2QKVDdV Check below for events and ne... Bitcoin Market Analysis 27th October 2020 LTC ETH DOT BNB BTC.D Don't forget to share this video with friends and family! Socials: https://www.linkedin.com/i... The average value of Bitcoin ( BTC ) transactions has increased dramatically since July this year. The average transaction value was sitting at approximately... RUSSIAN VERSION IS HERE: https://youtu.be/AsSHSGfXqY0 According to a new on-chain metrics – Bitcoin Average Dormancy – the major part of the growth is ahead....