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But eh my aim here is just to preserve and be cautious with my investment in bitcoin. ...
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But eh my aim here is just to preserve and be cautious with my investment in bitcoin. ...
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I've got a rough idea, but no idea about the techniques. ...
I believe that the safest thing to do is to just sit on the sidelines and neither get rid of nor obtain Bitcoin if you are able to do this (e.g., you don't run a business which involves Bitcoin or whatever.) ...
Lots of this stuff is just theoretical and hand-waving on my part. If/when a fork looks more eminent I'll be digging into it some more.
alright TY
how to effectively "sit on the sidelines" is my main concern tho.
be sure to let me know when you dig a little deeper this matter, i'll probably tip for this stuff (and not that you seem to need tipping, but thats just my bitcoin spirit emerging).
edit: dam this subject is a bottomless pit. readings all over the place.
I'm sure a war will provoke my interest in Bitcoin whether or not it happens to be in a natural trough. And I have a tendency to be pretty open about my thoughts and activities. Chances are you would run across my work.
Everyone no matter what there level of understanding is going to have an 'agenda' and wish to see things come out a certain way for a variety of reasons. Keep that in mind when seeking to gain advice. My advice right now is to learn at least enough of the technicals to where you can recognize total bullshit and reasonably quickly parse some of the technical descriptions. You (hdbuck) are probably already at that point.
Think of Bitcoin as being like an airplane pilot. 99.9% is pretty easy and boring. The handful of really nasty bad weather approaches one undertakes over the course of a career is where you earn your money. You don't need to 'grease it on'...just get the thing safely on the ground.