Bitcoins/Litecoins/Virtual Currencies

Arden

Arden

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Flobee said:
Reply in that thread basically nails it. Gotta end KYC or this will keep happening. If Bitcoin does what I expect it to a large % of the people in these leaks will be getting unwanted visitors

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Also (another) reason not to keep assets sitting in an exchange. If they pull account balances to target lucrative targets, you don't want to be on that list.
 
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Flobee

Flobee

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1747839987010.png


🎉
 
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Rangoth

Rangoth

Blackwing Lair Raider
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I stopped selling CC on My fidelity bitcoin positions(FBTC/BITO) in fear of having them called during a sudden rush. Easily my biggest long term gains on buy + hold positions over last 2 years by an asinine margin.
 
Flobee

Flobee

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tugofpeace said:
Is Strike secure? All this coinbase talk, I just started buying BTC and don't know if it's safe
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Strike is Bitcoin only which helps a ton for security purposes, they also only have like 40-50 employees or something (none overseas) so a much lower risk of social engineering. They have their own custody solution rather than outsourcing it which is going to reduce their attack surface significantly. If I was going to trust an exchange to hold some of my BTC Strike would be (and is) what I would choose.

That being said, I would suggest taking the time to slowly understand how cold storage works and work up the confidence and understanding to self custody your Bitcoin. Until you take custody of your coins you're not really doing the Bitcoin thing, and honestly a lot of the utility of what it is and why it is special will be lost on you. No need to rush it though, just suggest you start the process of understanding
 
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LiquidDeath

LiquidDeath

Magnus Deadlift the Fucktiger
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Is there a place that it is easy to set up monthly recurring bitcoin buys? I use coinbase to purchase now, but their fees seem high and it is not at all easy to use
 
Foler

Asshat Foler

Chief Kenya’n
<Gold Donor>
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LiquidDeath said:
Is there a place that it is easy to set up monthly recurring bitcoin buys? I use coinbase to purchase now, but their fees seem high and it is not at all easy to use
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I would suggest River. Been using them over a year. No fee on DCAing and one free xfer a month
 
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