You can stay here for Bitcoin in Kampot Cambodia

submitted by /u/Runeverycity [link] [comments]

Bitcoin and Ethereum had a tough week, but derivatives data reveals a silver lining, will they recover?

This week, the cryptocurrency market suffered a sharp drop in valuation after Coinbase , the leading US exchange, reported a quarterly net loss of USD 430 million and South Korea announced plans to introduce a 20% tax on cryptocurrencies.

Bitcoin (BTC) bounced 18% from a low of USD 25,400 to the current level of USD 30,000 and the price of Ether (ETH) also had a brief rally to USD 2,100.

In the case of Ethereum, it is affected internally, as several of its most important projecots such as UniSwap, Axie Infinity and Shiryo for example, have also seen their internal economics affected, but as is well known, a Bitcoin shakeout, shakes the entire crypto ecosystem.

At its worst, the total cryptocurrency market capitalization faced a 39% drop from USD 1.81 trillion to USD 1.10 trillion in seven days, which is an impressive correction even for a volatile asset class. The last time a similar sized decline in valuation was seen was in February 2021, creating bargains for risk lovers.

submitted by /u/Kelly76543
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source https://www.reddit.com/r/btc/comments/upmqpz/bitcoin_and_ethereum_had_a_tough_week_but/

Dave Smith is talking like a proper orange-pilled Bitcoiner on Patrick Bet-David's show. Credit: @AnarchoCanadian

submitted by /u/CoinCorner_Sam [link] [comments]

anybody knows what happened to Luna's BTC?

submitted by /u/dirpydip [link] [comments]

source https://www.reddit.com/r/btc/comments/up0sqp/anybody_knows_what_happened_to_lunas_btc/

To the class of 2021: don’t make the mistake I did

I’m class of 2017, and went in fairly hard back then, but not nearly as hard as I could have. No regrets there… I was new, and didn’t trust Bitcoin like I do now. I rode it up, and when it all ended in 2018, I backed off. I stopped DCAing because I thought “had enough” based on my current level of belief. I burnt out because I’d been down the rabbit hole for a year or more. I put my coins in cold storage and more or less about Bitcoin.

Don’t make the mistake I did.

I started reading and learning even more (this time about lightning network and running nodes) in 2020, and took a whole handful of orange pills. But now, instead of stacking Sats at $8k-14k, I stacked them from $30k-69k-28k. I’m paying 3-10x as much, just because I moved on to other interests when the bull run ended.

I have few regrets. I’m grateful as all hell that I bought what I did in 2017, and had the good sense to HODL it in multisig. But I wish I had taken my own advice and DCA’d.

Bitcoin is going to be in the media less. Your friend groups and Reddit subs will become less active for a year or two. But don’t forget about Bitcoin.

Keep learning more. Keep orange-pulling people. Set up a weekly DCA buy, and forget about that instead.

You’ll thank me in 2024-2025.

submitted by /u/1entreprenewer
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your game plan

How much you're down due to this ongoing crash? Whats your game plan from now on?

submitted by /u/tzkek
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source https://www.reddit.com/r/btc/comments/uoyhta/your_game_plan/

I wonder if this guy took the advice.

submitted by /u/jo3seph [link] [comments]