Good question. Because I feel that maybe it's on the top and can't go more up, or at least get my initial amount out at the moment. What do you think?
That you have completely misunderstood the essence of btc.
Don't be crazy, if you want to buy a shitcoin choose the USD, not those jokecoins called USDT USDC DAI etc
Ah @JohnnyDoe I really hope you are so right and I am so wrong. So your suggestion as I understand is KEEP KEEP BTC. Ok and then what? For ever and ever?
Yes. Or until you need to buy some real asset with a portion of it.
Yes
Read the forum
ns2
rof/%
Not entirely your fault. You are bombarded by propaganda. But at the same time you can find all the information you need from many good sources. OCT being one of them, it seems you are on the right track.
You mean real estate? Hard! In many countries they want to see the money coming in to change the title to your name. UNLESS it's a shaddy transaction of a property owned by a shaddy company and you buy the company with crypto... shaddy 🙂
I promise to do but can you give me some more info on this?
Brainwashed. Anyway, if you find such limitations, they are a good indication that you must run away from that country.
Explore the forum, read the experiences of others. There are interesting posts on inflation and monetary policies, as well as plenty of users reporting their problems with frozen funds, mafia state etc.
Not a specific country. Many! How they will "tax" you if they don't see the cost/money? There are minimum costs for SQM in many countries etc. Unless you talk for 1-2 specific countries, I'd like to know them (especially if they are tax-free). Don't tell me UAE, never ever for me especially after the 9% and the - still - unclear things in the corporate tax.
Frozen funds? In a normal bank??? Mafia state? What is this?? Please give me some links or details I don't know where to start. THANK YOU!!
If you worry so much, might as well start DCA out. But BTC is used for legit transactions - you can send BTC using your Cashapp balance for instance. For illicit activities Monero is used more these days.
The Westerners don't know what inflation is. At least you can put money into SP500 (up 20%+ this year), Western real estate (up x2 or x3 in the last 5 years)? Try being from Turkey or Argentina where even USD cash is a great hedge against national inflation and you can't even keep it safely in a bank to get at least 5% yearly on it, not to mention not having access to SP500...
What's the problem when you have btc?
Hey @wellington thank you!! Defi is for long term storage correct? I need to start learning a lot I assume.. with defi I can convert to cash and send to account? Thank you
