I made the big mistake of not derisking anything last cycle #hodl
I’ve been putting every extra penny I make into crypto since 2016 and saw my NW go from 60 to 600, then back down to 200
I figured 600 wasn’t really enough to retire on, yet I’d I had sold anywhere near there top I could have certainly hit financial independence by now.
DONT GET GREEDY AND DONT LISTEN TO THE AUTISM. If you are actually on the spectrum it’s easy to fall into rules like hodl forever. It’s easy to take most things very literally.
Could give some advice on how we do these items in the article under the transactions?
Transactions
Level 1: You know how to read a transaction, look up the smart contract address on the block explorer to check the address is legitimate. You don’t always take the time.
Level 2: You’ve the discipline to check every transaction.
Level 3: You sometimes use advanced tooling to preview/simulate the effect of your blockchain transaction before confirming it.
Thanks so much for all work you all put in, your content is helping survive my first cycle.
Excuse the noob question - A majority of my bag is BTC/ETH that I have stored on a trezor. As I transition a small portion of my allocation from BTC/ETH to alts/memes, what’s the best way to properly secure coins not directly supported by trezor? I don’t want to leave everything sitting in a hot wallet.
Level 4: You manually construct transaction objects on paper and wrote your own RLP encoding tool. You use multi-party computation and each secret share is stored in a nuclear bunker inside an HSM across every continent. Before you submit transactions on chain, you fly to each bunker and collect the RSV values produced and fly back to your secret remote location to submit your transaction via satellite-hosted RPC node.
I have some of my crypto on exchanges - I know the golden rule that not my keys, not my coins.
I'm curious about the operation of the exchanges tho - when I buy ETH or BTC, does anyone know if the exchange will move the actual coins to a wallet they allocate to me or is it all managed in a database? I imagine if they actually shuffle the coins, the transaction costs would be insane for the exchange.
What’s the best legal recourse for crypto hacks lost to bad links? Is there any company helping with recovery? Or legal entity that can at help at least get some documentation for tax purposes?
This!
I made the big mistake of not derisking anything last cycle #hodl
I’ve been putting every extra penny I make into crypto since 2016 and saw my NW go from 60 to 600, then back down to 200
I figured 600 wasn’t really enough to retire on, yet I’d I had sold anywhere near there top I could have certainly hit financial independence by now.
DONT GET GREEDY AND DONT LISTEN TO THE AUTISM. If you are actually on the spectrum it’s easy to fall into rules like hodl forever. It’s easy to take most things very literally.
Could give some advice on how we do these items in the article under the transactions?
Transactions
Level 1: You know how to read a transaction, look up the smart contract address on the block explorer to check the address is legitimate. You don’t always take the time.
Level 2: You’ve the discipline to check every transaction.
Level 3: You sometimes use advanced tooling to preview/simulate the effect of your blockchain transaction before confirming it.
What do you guys do for NFTs?
Trezor does not directly support NFTs (as far as I understand).
Any thought? I love my pengus and don’t want lose them or anything else in a zoo break!
Excellent must read post.
1) Thoughts operating systems? I always do a wipe when I buy a computer. I know Linux is preferred.
2) Is a mobile with vpn still too risky for small hot wallet?
Thanks so much for all work you all put in, your content is helping survive my first cycle.
Excuse the noob question - A majority of my bag is BTC/ETH that I have stored on a trezor. As I transition a small portion of my allocation from BTC/ETH to alts/memes, what’s the best way to properly secure coins not directly supported by trezor? I don’t want to leave everything sitting in a hot wallet.
Level 4: You manually construct transaction objects on paper and wrote your own RLP encoding tool. You use multi-party computation and each secret share is stored in a nuclear bunker inside an HSM across every continent. Before you submit transactions on chain, you fly to each bunker and collect the RSV values produced and fly back to your secret remote location to submit your transaction via satellite-hosted RPC node.
I have some of my crypto on exchanges - I know the golden rule that not my keys, not my coins.
I'm curious about the operation of the exchanges tho - when I buy ETH or BTC, does anyone know if the exchange will move the actual coins to a wallet they allocate to me or is it all managed in a database? I imagine if they actually shuffle the coins, the transaction costs would be insane for the exchange.
What’s the best legal recourse for crypto hacks lost to bad links? Is there any company helping with recovery? Or legal entity that can at help at least get some documentation for tax purposes?
this is alfa
Any specific antivirus you would recommend for your pc? And how do you feel about tangem wallets instead of trezor?
If I buy a BAYC on this dip, how many levels does my aggregate security fall? Worried ill have no choice but to start clicking random links
In your opinion, what is the best crypto tax software?
I need to get a new laptop for crypto. Any specific specs or must haves you would look for?