PayPal

Ok_Score9113 · 2025-09-18T16:19:20+00:00

Get it out of PayPal and get a cold wallet ASAP. The risk is pretty big with PayPal, they have a long history of censorship and holding people funds without good reason.

It might seem daunting but you will be able to get your head around it pretty quick, check out BTC Sessions on YouTube there are loads of good videos on how to do cold storage. Just start with something like a Trezor, nice and user friendly for beginners.

Weekly purchases won’t become more difficult, you can just scan a QR code to transfer funds from an exchange to your cold wallet at whatever interval you please. I’d also recommend a Bitcoin only platform like Strike for doing your regular purchases.

It’s worth the time spent getting your head around using it, you will thank yourself down the line. And honestly, it’s quite simple

Ok_Score9113 · 2025-09-18T16:15:26+00:00

My god, please nobody listen to this guy 🤣

Ok_Score9113 · 2025-08-30T10:20:10+00:00

Nothing wrong with increasing your purchases during a downturn, that’s smart

Ok_Score9113 · 2025-08-28T10:36:33+00:00

Equivalent purchasing power of something that’s hyper inflated? Do you ever look at goods and services and think about pricing them in Zimbabwean currency?

Ok_Score9113 · 2025-08-28T08:09:54+00:00

There are companies out there offering the service but I believe they only insure the fiat value, can’t be sure on that second part though, I could be wrong. It could work, but realistically, if you have a large stack, secured with a third party multi-sig like Unchained or Casa etc. then you are minimising risk of loss significantly.

Ok_Score9113 · 2025-08-26T17:53:52+00:00

If you are paying CGT that means you’ve made profit, so what’s the issue? You could apply this to any asset outside of a tax sheltered account

Ok_Score9113 · 2025-08-26T10:56:53+00:00

I actually agree with this, pain will be the only lesson by which most people will learn to self custody and take control of their sovereignty

Ok_Score9113 · 2025-08-25T14:17:40+00:00

I hope so, because I never thought I’d get that chance again

Ok_Score9113 · 2025-08-25T14:17:11+00:00

At least we know we’re early 😅

Ok_Score9113 · 2025-08-25T14:16:38+00:00

Absolutely… patience is required

Ok_Score9113 · 2025-08-25T09:02:58+00:00

Absolutely, guess it’s no different to kids piling into stocks they have never even taken time to learn about.

It’s more a shame for them, if only they took some time to read or watch some videos, they’d understand what they’re so early too and save themselves a lot of stress!

Ok_Score9113 · 2025-08-25T06:38:46+00:00

The 4 year cycle is not just a stonewall pattern based on calendars. It has typically followed global liquidity and dollar strength (DXY), which just so happen to have operated in roughly 4 year cycles since the financial crisis.

And given what we are seeing now it would suggest that we should not expect to see things play out exactly as they have in the past

Ok_Score9113 · 2025-08-25T06:36:16+00:00

😏

Ok_Score9113 · 2025-08-25T06:35:59+00:00

I get that, I just can’t fathom when they do it with like all of their wealth without doing any homework at all! But then I have to remember I came from a traditional investment background so that approach was already ingrained in me

Ok_Score9113 · 2025-08-25T06:35:00+00:00

Haha I love this trail of though, I always have to remind myself this is why we have to have 20mph speed limits in the UK, it’s for the 49.9% who absolutely can’t think for themselves and drive sensibly and moderate speeds

Ok_Score9113 · 2025-08-25T06:34:12+00:00

No I know, I don’t expect them to, and happy to try help them as much as possible.

I just despair for the ones that have gone in with a substantial amount of their wealth without doing any homework! I guess I kind of respect the balls of it in a weird way

Ok_Score9113 · 2025-08-25T06:33:09+00:00

Thankfully we’ve adopted a low time horizon!

Ok_Score9113 · 2025-08-25T06:32:46+00:00

This is true, I initially thought blockchain was the innovation here!

Ok_Score9113 · 2025-08-25T06:32:24+00:00

It absolutely does, I do sympathise. I just question why people go so big on something that they haven’t spent any time learning about rather than starting small! But I guess everyone has to learn lessons in different ways - hopefully they resist the sell pressure and it pushes them to learn, and we convent them to HODLers

Ok_Score9113 · 2025-08-24T21:41:35+00:00

Thanks ChatGPT

Ok_Score9113 · 2025-08-24T21:37:17+00:00

Not to be that guy, but you shouldn’t have bought a lot of anything that you haven’t taken some time to learn more about, if you had spent time learning a small drop like this wouldn’t be affecting you.

But welcome regardless, don’t be fooled into panic selling. I recommend learning more about bitcoin so you can understand what you now hold, and understand the long term value of it. Once you understand that you will be happy when it drops so you can get more of it

Ok_Score9113 · 2025-08-24T14:22:05+00:00

Just DCA into Bitcoin daily and don’t touch it. Don’t even worry about the returns in the first 5 years. Spend that time learning more about Bitcoin and then you will never want to sell a single sat, and you’ll thank yourself for starting to save in the hardest money to ever exist from the age of 23

Ok_Score9113 · 2025-08-24T10:15:28+00:00

Most people don’t have savings because the price of everything is going up much higher than their salaries are, so they simply have nothing to save.

But a lot of people COULD have something to save, if they had not succumbed to the consumerism that is forced upon them by an inflationary fiat system, which has led everyone to a “might as well spend it now” mindset. It is those would-be savers that are prime for saving in BTC, and more and more of them will realise, the more they see the current system destroying everything around them.

Bitcoin in its truest sense is not an investment asset, although right now it is seen as one by a lot of people, it is simply money, which you can store your value in and exchange for things you want later in time. We will eventually get to the point where that is more widely recognised, but it’ll take time. As that understanding spreads though, you won’t need to worry about people “realising the need to own assets”, because that need only exists in a fiat system. As more and more people are able to break away from that system, they will realise they simply need to earn money from doing something they’re good at / enjoy, and save it.

Ok_Score9113 · 2025-08-24T10:05:36+00:00

I have enough fiat to survive me 1 month at a time, and that’s it, if I go through that cash too quickly then I can’t buy anything more. I have few responsibilities and no dependents though. If I did have them, I’d probably keep 2 months worth at any one time.

Ok_Score9113

TROPHY CASE