You get yourself in trouble Wind_FURY because you tend to speak in absolutes and then you end up waffling on what you had said.

Earlier you were saying that you were waiting for long term cycle dips before you buy bitcoin, yet not too many people are on board with that kind of an approach, and perhaps not even you are believing in that kind of an approach since if you really think about the matter, you were already employing your approach to bitcoin in 2019-ish when you started this thread and when you more aggressively started to buy bitcoin, even though you were registered on the forum for 3 years earlier, but you were not buying at that time, you were waiting.. and sure you got the post 2017 dip, but you probably would have had been better off to be buying from the start in mid to late 2016 when bitcoin prices were between $400 and $900 rather than waiting until the post 2017 correction, when bitcoin prices barely got below (or stayed below) $4k for very long.. So you end up buying 5x to 15x higher, even though you rationalize that you were buying on the dip.

Then recently you get it in your head that bitcoin is going up a lot in the near future, so you are back to your April 2019 mentality to buy every dip because in your head, the BTC price is going up... .. which sure it might be true.. but guys still might ONLY be so limited in how aggressive that they can become, since maybe some guys have been following this thread and/or various DCA practices for 1-3 year or maybe even longer, and they have already figured out that there is quite a bit of advantage to already ongoingly employing aggressive buying and there is no need to change their level of aggressiveness even more merely because there had been a 10% to 14% dip in BTC's price.

So then in more recent times you are getting excited again about our various dips, and you are proclaiming that guys should increase their level of aggressiveness to buy the dip and you even put a timeline on when the dip will happen and when it will recover.. which did not seem to go to well with guys here, so then you start to revert back to saying that bitcoin prices are going up sooner or later (even if your timeline ends up being incorrect), so sure you might be correct, yet you are still wanting to argue that guys can rest assured to increase their level of aggressiveness to buy the dip.  Maybe you cannot help yourself? You get excited, and sure you likely are not incorrect that the odds for up seem greater than the odds for down, yet we still don't know, and so it makes it difficult for any of us to be doubling and/or tripling down on these current dips rather than trying to protect ourselves in terms of our own finances and psychology - things within our control.

It seems that the pushback that you are getting are both in regards to the specifics of your earlier timeline for dips and recovery and then also newbie guys seem to be less receptive to the idea of significantly changing their level of aggressiveness based on both uncertainties regarding the dip but also that changing their aggressiveness levels might otherwise screw up their cashflow management practices and/or systems.  So it seems to be somewhat counter productive for guys to be changing aggressiveness levels based on BTC price moves (and speculation) rather than perhaps changing aggressiveness by knowable, such as how strong their cashflow management systems are.


Usually open source wallets are better than wallets controlled by exchanges.  You are hardly getting any advantage in putting your coins on an exchange wallet as compared with an exchange, since exchange wallets are most likely closed source so they could have back doors for monitoring and potentially access to contents.  Each of us needs to try to figure out our level of privacy and security and surely if we are barely starting out, we might not need to spend a lot of time figuring out wallet matters, yet the more value we build up into bitcoin the more we likely need to improve our privacy and our security.

There are a variety of websites that could help and sure some of them are lying or not very well informed about the topic:

I think that the bitcoin hole website is a good website that lists mostly open sourced hardware and software wallets and shows a lot of the features that mostly bitcoin wallets have.

https://thebitcoinhole.com/hardware-wallets

There is also athena alpha that rates some of the top bitcoin hardware wallets (even though some of the hardware wallets also include shitcoins):  https://www.athena-alpha.com/crypto-wallets/compare/#


There are many normal people who might spend 30-40 years or longer working to build up a retirement and to hope to get to fuck you status so that they don't have to work anymore, but they can still maintain their prior standard of living - or perhaps either to improve it or not to greatly decrease in their standard of living.

So it can be quite difficult to figure out where to put one's value, and even though bitcoin is not guaranteed to do better than other places, there surely seem to continue to be good odds that guys who are investing into bitcoin may  well have decently good chances to reduce their time to get to fuck you status in half or perhaps less than half - such as 15-20 years or less.. which surely would be a better thing, if it is possible and if guys don't screw it up by being overly risky in their approach to bitcoin.

Of course, in bitcoin's earlier years, there have been guys who had been able to reach fuck you status in less than 10 years, yet it may well be more difficult to accomplish in less than 10 years for guys starting out from the beginning and without any other investments, absent some abilities to either frontload their investment or being able to invest on the more aggressive side, such as greater than 25% of their yearly income without recking themselves.  .. so frequently my own suggestion revolves around guys trying to invest as aggressively as they can without recking themselves, and it is up to them to figure out where that line is, since sometimes if they cross too far over the line there might not be recovery (or at least recovery might be extremely painful).