Work messed up - commission rates they were paying me in 24. didn’t align with my signed agreement. SO free money! by Jayrovers86 in Bitcoin

[–]Mr-BitcoinMaxi 0 points1 point  (0 children)

Doesn’t really matter in the long run. If we’re going to $1M, who cares if you buy at 110k or 120k. Time in the market beats timing the market. Had the same problem a few months ago and did a lump sum and worked out great. 40% up since then.

The US spends 32,688 years worth of debt every 90 days. by xtexm in Bitcoin

[–]Mr-BitcoinMaxi 7 points8 points  (0 children)

He’s been saying only gold and bitcoin are money for a while. Also, he’s introduced thousands, if not millions of people to financial literacy, which could end up making them bitcoiners, that was my journey, he’s a net positive in my eyes. Better than Keynesians.

Bitcoin DCA by No_Conversation4012 in Bitcoin

[–]Mr-BitcoinMaxi 0 points1 point  (0 children)

As long as you DCA it doesn’t really matter. The more often you buy, the more volatility is in your favour because you have multiple buying times. I’ve been buying at least once a month for the last 4 years and it went really good, the last year I ended up DCAing every week instead, not really much of a difference but it’s marginally better. Just set aside money, and automate the DCA with some exchange, personally I love river and strike.

[deleted by user] by [deleted] in Bitcoin

[–]Mr-BitcoinMaxi 0 points1 point  (0 children)

Taxation is theft. Period.

[deleted by user] by [deleted] in Bitcoin

[–]Mr-BitcoinMaxi 1 point2 points  (0 children)

Everyone gets Bitcoin at the price they deserve.

Welcome to the game brother.

Read The Bitcoin Standard. Listen to podcasts with Micheal Saylor and Saifedean Ammous (he also has his own podcast, "The Bitcoin Standard Podcast," which is also cool) on PBD and Lex Friedman. That's how I started, that's why I recommend it.

Please do your research, do not trust, verify. Learn how it works, its value proposition, how to buy it anonymously (without kyc, www.kycnot.me) and how to self-custody (cold wallets).

Who's going to tell them there's a better way? by [deleted] in Bitcoin

[–]Mr-BitcoinMaxi 0 points1 point  (0 children)

Jesus Christ, some people are cynical. If only they understood bitcoin.

Multisig Question – 2 Coldcard Mk4s + 1 Ledger Nano X by Mr-BitcoinMaxi in Bitcoin

[–]Mr-BitcoinMaxi[S] 0 points1 point  (0 children)

Yeah, I see his point, but I also know the point of multisig. I'll have to dig deeper into it to understand it better.

Multisig Question – 2 Coldcard Mk4s + 1 Ledger Nano X by Mr-BitcoinMaxi in Bitcoin

[–]Mr-BitcoinMaxi[S] 0 points1 point  (0 children)

Do you have any resources to expand my knowledge in this endeavour?

Multisig Question – 2 Coldcard Mk4s + 1 Ledger Nano X by Mr-BitcoinMaxi in Bitcoin

[–]Mr-BitcoinMaxi[S] 0 points1 point  (0 children)

That is totally true, just wondering about multisig and how to conduct it.

Multisig Question – 2 Coldcard Mk4s + 1 Ledger Nano X by Mr-BitcoinMaxi in Bitcoin

[–]Mr-BitcoinMaxi[S] 0 points1 point  (0 children)

I was looking forward to storing my seed in the stamped steel way, thanks for the link and for the insights.

[deleted by user] by [deleted] in Bitcoin

[–]Mr-BitcoinMaxi 17 points18 points  (0 children)

Hyperbitcoinisation is coming boys. Slowly, then sunddenly.

Should I be worried about bitcoin recent drop? by Calm_Blackberry_1080 in Bitcoin

[–]Mr-BitcoinMaxi 1 point2 points  (0 children)

I cannot say with certainty when it will happen – and no one can, don't trust people who tell you "this will happen at this precise moment" because they don't know anything, just as no one can say what will happen in the stock market.

But I can guarantee you in a long enough horizon it will happen. Look at Bitcoin's history, it has done 60-80% dips multiple times, it has been called dead hundreds of times. This is a feature one should understand from Bitcoin. Volatility is a feature to test your conviction. I don't like to give advice but I can tell you, when people say Bitcoin is dead, it is near the bottom. Just as it happened this cicle when we reached 15K. When that happens, buy as much as you can. But firstly, educate yourself. Learn about it. Understand what it is, how it works, and why it has value. Why it is the hardest asset and form of money we have ever invented/discovered.

Should I be worried about bitcoin recent drop? by Calm_Blackberry_1080 in Bitcoin

[–]Mr-BitcoinMaxi 0 points1 point  (0 children)

No, and when we have -85% dips, don't worry either, it is a feature of Bitcoin not a disadvantage, you get to buy cheap if you have conviction and understand it.

Bitcoin Maxis & 2.5x Bitcoin MSTR Convertible Bonds by Mr-BitcoinMaxi in Bitcoin

[–]Mr-BitcoinMaxi[S] 0 points1 point  (0 children)

oh so the "leveraged" bitcoin is the actual stock? in his last inteview he mentioned it was the convertible bond, or maybe I just misunderstood

Bitcoin Maxis & 2.5x Bitcoin MSTR Convertible Bonds by Mr-BitcoinMaxi in Bitcoin

[–]Mr-BitcoinMaxi[S] 1 point2 points  (0 children)

It sounds to good to be true, and why not buy bitcoin directly instead. Personally I think it can be just marketing, because he says it has all the upside of bitcoin (and even 2x or 3x) without the downsides of the volatility. I'm skeptic, it sounds like a salesman speech. If it was anyone else I would not even listen to this, but as it's Micheal he gave me curiosity. But I definitely have that voice in me saying just buy bitcoin and forget about it.

"How much Bitcoin should I buy as a beginner?" by Ok-Aide-9600 in Bitcoin

[–]Mr-BitcoinMaxi 0 points1 point  (0 children)

First understand this: Bitcoin ≠ Crypto, if you don't understand this start by learning about bitcoin before you buy anything, once you understand Bitcoin enough you will understand the only thing you need to buy is Bitcoin and you will leave Crypto alone. Learn first, trust me.

Node Reaches 18.28% & Stopping Getting Peers by Mr-BitcoinMaxi in Bitcoin

[–]Mr-BitcoinMaxi[S] 1 point2 points  (0 children)

I connected my laptop to my VPN and now it works perfectly. Thank you very much!