i prefer alcohol

I like alcohol 🥃 but weed is okay.

Quote from: philipma1957 on Today at 04:23:37 AM

Both a wallet and an exchange.

80% in the wallet 20% in the exchange if you are not looking to sell.

60% in the wallet 40% in the exchange if you are looking to sell

if you do sell pull most of the cash out.

always fear exchanges many crash an burn or get hacked.

I still think the portion you explained is at a reasonable level, I might want to help emphasize that this percentage is more likely to be appropriate for a budget that is allocated to cryptocurrency only, because I'm afraid there are still people who misunderstand this percentage. Never assume that 20% is from all your assets in savings, investments or in the form of assets, because it will be too unbalanced.

What we need to remember is, no exchange has perfect security, so all sorts of bad things could happen at any time, including hacking or other things that can cause loss of assets.

you are correct. my post is about crypto holdings.

Quote from: bitterguy28 on May 11, 2024, 11:14:59 AM

....
this is why we must still keep our bitcoin then but i doubt that internet will be still available in all places when war comes, maybe this is for limited chances only .

I have already tried several times to open the eyes of dreamers about the "convenience of bitcoin in critical situations" - it becomes the most useless asset if you are in the territory where there is a war. Civil or due to external aggression....
I say this as a person living in a country that has been subjected to external aggression and where 20% of the territory is a war zone.... So I tell my mother-in-law - there cryptocurrency has no value.... Cash, food, gasoline, weapons have value. Bitcoins? How are you gonna keep yourself alive with them?!

PS Watch the movie "20 days in Mariupol" - basically a documentary about a city in my country, the city of Mariupol, which was attacked by a neighboring country, and you will understand what a real war looks like, and whether in such a situation there is at least a minimal possibility to use cryptocurrency....

Btc would mean if you flee the war/country you could have wealth waiting for you.

I voted yes it is possible.  The biggest reason I voted yes is long ago and far away.

Say 1972 to 1983 I had many interesting thing happen to me. Yeah I was doing a lot of hallucinogens but I saw felt heard quite a few wild things.

Never thought much about them since they stopped back in the 80's when I stopped getting high.

Over time I went and saw The first and best of the movies "the Matrix"

I have often wondered if the matrix is real since then.

I got triggered by reading the flat earth thread.

https://www.altcoinstalks.com/index.php?topic=24146.msg1558779#msg1558779

Flat earth could be real if the matrix is real.

Just a thought.

There is nothing to doubt about mining, the only challenges here is that many don't understand the difference between the various mining we have and what differentiate them from each other, POW and PoS mining is entirely different from cloud mining, there are requirements to how you can mine bitcoin as one have to set up a mining rig, while other cloud mining seems to be the unrealistic ones as many tends to be scam whereby you mine on what you're not going to be rewarded of.

Dude there is no such thing as POS mining. POS is basically interest on a deposit.  Much like money in a bond or a bank account.

If you are doing POS and that coin calls it mining they are simply lying to you and calling it mining when it is not mining at all.

Now this would be USA tax code. Not my definition you may be in a country that allows it to be called POS mining.

i just watched the Civil War 2024 movie, quite scary if it happens where you are in the middle of the wars of groups you don't wanna join.
there's a scene in the movie where they tried buying gas which when they said they have Canadian Dollar and the group of individuals who ruled that place accepted the money.  it looks like Canadian Dollar is  still sought after. i hoping to see crypto wasn't introduced there but none.

if we are in this kind of situation where the electricity is still on like its normal situation still and internet is accessible, wouldn't it make sense for the warlords to accept BTC and other crypto?

dude if that movie happens we would be pretty fucked.

people would be meat. lots of them

it would be fucking brutal.

I am hoping that at 67 I just age out and leave this shit hole of a planet before we drop that low.

Quote from: Dr.Bitcoin_Strange on January 05, 2024, 10:54:49 PM

So, my question is, for those of you that actually have good knowledge about Bitcoin and gold, which will you love to invest in, and what is your reason for choosing the asset?

Let's share ideas.

Life and its investment go with what we know of more than the other.

Bitcoin and gold, someone can choose to invest in one, or both, or forget about investing in both, or choose another investment approach because of the knowledge they have of one better than the other.

As a bitcoin believer, I would prefer to have my investment done in bitcoin than in gold. Why I am doing that, is because of the future profits I stand to gain, hodling bitcoin for long. I can make thousands of dollars in gains by hodling bitcoin for at least 4 years.

For gold, can I make such gains? The gold investors will tell us that if they can make thousands of dollars in gains within a space of 4 years compared to bitcoin. That's why people ought to invest in what they know more than the other to avoid making wrong investment moves.

ahh this is misleading.

just cherry pick dates and gold looks decent with btc looking like shit or vice versa.


April 2021 btc 67.1k
May 2024 btc  66.8k

April 2021 gold 1759
May 2024  gold 2343



see  above gold smoked btc in that that time frame

but

may 2021  btc 37,1k
May  2024  btc 66.8k


may 2021 gold  1852
may 2024 gold  2343

btc Clearly wins.

 so saying one is better than the other based on past history is just about picking spots to compare