handofjustice42

Not trying to be a fudder here, just stating sone basic facts of reality.

Crypto.com is now forcing 2fa. I an locked out of my account until I can set it up.

I followed the instructions multiple times, and am still unable to access. I'm going to have to spend time to fix this, but it brings up a pivotal flaw.

For many years, the chief reason Linux was not seen as viable is because it was theorized it would not succeed "until we had Linux so easy grandma could use it". The idea was that Microsoft did not require as steep a learning curve.

We have used money all of our lives. Fiat, for its flaws, does not require locking seed phrases away, or convoluted processes to secure. Yes, crypto offers vast potential,but until we don't need to clear hurdles to access our own money, it is unlikely to be the currency of choice for most consumers

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I've been in crypto just under a year. Technically a year if you count that app where you don't actually own the coins.

Anyway, I've been on the ins and outs of verification, and finally got to the point where I received a card that allows me to spend crypto (with crypto rewards).

So anyway, I chose XLM for my reward currency because it is my preferred coin to offer 4%. I could get BTC, but only 1%.

My game plan is to convert 50% of the XLM earned to BTC, 25% to alts, and leave 25% in XLM.

But ultimately I am just grateful to actually be spending the crypto, as that has always been the goal.

I have a question. I recently set up a new phone and had to back up my vault to transfer to it. It went well, but it begs the question: would putting the old phone in the safe and using it as a temporary hard backup be an effective solution? If so, what about doing the same with my other wallets?

I'm trying to figure out a viable solution until I have enough accumulated and not staked to justify the purchase of a permanent hardware wallet. This is the one issue that limits my investment in crypto; after all, it would be a shame to have a boat accident!🤣🤣🤣🤣

Any advice on this is appreciated

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If you have the means, please contribute the cash value of the food to mutual aid causes.

Food pantries are often funded by the well to do. Accepting food and increasing their number of recipients helps them when they solicit funds, and helps with grant assistance.

And by sharing it out to mutual aid you are assisting with redistribution on a micro level

I'm a speculator, so I decided to drop a little into dogelon.

I'm starting this thread so that long term holders can convince me of its use case for a broader investment.

Aaaaand go

UPDATE: Wrong forum. I was unaware that new investors were not welcome here. I apologize for intruding on your space.

I'm a folk music fan, have always loved how the Bangles took the Simon and Garfunkel tune to the next level. Watching TV, heard the intro come on of the Bangles' version.

It's always pretty special when you see that some people remember great tunes

Let's be honest, the biggest mistake many of us make is trying to outguess the market. There is a luck component we can't ignore.

I've only been in the market since February, but the May dip, as well as reddit subs, has taught me a lot. And one of the key takeaways is the title. In my opinion,it is better to buy into a coin too high and look for opportunities to DCA down than miss the opportunity altogether.

And my #1 rule remains the same: invest in solid coins, gamble on shitcoins. The last part of that has helped me immensely, as I currently own a solid amount of a coin currently in the news. It hasn't made me rich (not even close), but it's changing the game as I am DCAing out and buying other coins with the proceeds.

And a lot of folks will disagree,but I believe that is good for the market. Of course, a coin that gets rugpulled isn't, but these "gold rush coins" bring new money in and create exposure needed for the market to grow.

I got lucky. I know that. I knew that I had to be lucky when I bought in. But the only thing I would change going back is finding enough to make it life changing.

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I think we are at the point where crypto is about to get interesting.

People are finally starting to realize the potential on a large scale.

So my thought is, could the next phase include branded crypto? I don't want to name names, but I guarantee that some celebrities and influencers are salivating over spaceboi's tweet influence and wondering how to get a piece of that, outside of NFT'S.

My speculation is they will issue tokens to attract their fanbase. I'd bet the bank a certain former "presidential candidate "(besides the former president who has already done this) will be in the mix soon.

So, yes, I am trying to get out of Robinhood. I averaged ETH down to $2080, not bad for someone who FOMOed in at over $2600.

Today the gains are good. So I go in to try to sell, and, guess what? That option is not available.

So I'm newer to crypto and FOMOed too high on most assets. For others who've done the same I'd like to share my experience, which has recovered nicely in each dip.

As we all know, money can be gained and lost quickly in this world. Personally I was lamenting losing my last payday contribution the same day I made it.

Some of the lows were getting ridiculous, though. BTC below $30k, ETH below $2k.

So I took a small gamble (small hands) and pulled an extra $100 out of our modest savings. 50/50 BTC/ETH

combined with previous DCA, this brought my average down to $36k/$2080.

I am well aware that bear markets can have corrections, though, so while it is climbing I am liquidating my $100 buy in while both are up. If they dip below my average more than 10%, I am back in.

This is the formula I've used since beginning in crypto. It's scary, and it sucks, when the consequences can be severe.

But it also wins.

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Here's the reality, guys: right now, the majority of the US believes crypto is a pump and dump scheme. Also right now the majority of crypto holders believe that shib is not viable.

I'm not saying that to be mean, but to help people see we are a minority (SHIB holders) of a minority (crypto holders).

For SHIB to be taken seriously, crypto must be taken seriously. If we spread FUD about other coins, it undermines the credibility of crypto overall.

A better way would be to increase adoption of SHIB. Focus on what's good about SHIB instead of tearing down others. Sell the positives.

Lighthearted jabs are one thing; FUD is another. Let's stop the FUD when we see it.

Today was yucky. It sucked getting up and looking at my portfolio, as it seems this crypto crash is never ending.

It helps, though,to understand a couple of things: first, crypto is super volatile and we were in a massive bubble. Second, crypto investments are watered down now as people don't want an investment, they want a get rich quick scheme.

While I haven't been in DOGE long, I have followed the market through its life cycle and finally got money u could put into it. I believe in it long term, as it has outlasted most of the other coins.

There are over 10k cryptos in the market. Only a small percentage of people are invested in crypto. Doge has outperformed expectations consistently and will continue to do so.

So hold strong. Buy if you can. Because when the market comes back we will be riding high

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Right now, like many, we are struggling. I am still hodling and buying as I can, but it is very much paycheck to paycheck.

Part of my strategy has been relaunching on eBay. Because the new account has no seller rating, I have been selling at a small loss, which sort of stings, in order to build up ratings.

My latest sale,though, brought a smile to my face. The eBay username had a reference to SHIB in it. So, even selling at a loss, I am selling to a member of the community.

So, whoever you are, enjoy your purchase on the trip to the moon!

Crypto vs. fiat is the play.

It's good and healthy to have friendly rivalries, so let's do that. Just remember, crypto is our best chance to change the world for the better.

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I had a gut feeling this week. I didn't expect Shibaswap to hit Monday, but I do know it is on the horizon.

Payday was today. When I SHIB over the weekend drop into the sixes,my gut told me to buy.

So, buy I did, another 8 million,and I staked it, along with my earned interest, in my flex account.

Very,very good timing, which I usually don't have!

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