submitted by /u/newsybitcoin [link] [comments] |
source https://www.reddit.com/r/btc/comments/dc793u/5_educational_resources_that_will_level_up_your/
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This is a spreadsheet that I have developed for myself gradually over the last couple years. I have found it very helpful for keeping track of my bitcoin holdings (great for tax purposes). No need to trust third party apps to keep your personal information - track it yourself. There is a lot in here including; Automatically updates prices from coinmarketcap. The top 100 coins included. Just select which ones you want to track by typing in the name. You can even choose your local Fiat currency and get live conversion rates for any country. https://i.redd.it/t0bg64lyt1q31.png No need to record details of every trade. Just keep track of your crypto purchases (from fiat) and what coins you currently hold. The spreadsheet will calculate the rest and keep a record of how your portfolio and holdings have changed over time (it logs this data every time you save the sheet) https://i.redd.it/2wc7s07ut1q31.png https://i.redd.it/cf00icj2u1q31.png I find this very handy to see if your trading is actually profitable compared to the HODL method. https://i.redd.it/vj99j8w3u1q31.png There are plenty of 'moon math' and analytics to see how bitcoin is trending. This includes a full history of bitcoins price which updates every time you open the sheet. https://i.redd.it/s2uymtibu1q31.png This version has some bug fixes and a few new features including a 'Stock to flow' price prediction model; https://i.redd.it/phvt1lr2t1q31.png free download from below. Instructions inside. You will need macros enabled if you want it to do the fancy stuff. https://www.dropbox.com/s/5vq8lglmnrt9dfv/Cryptoprices10%20-%20For%20others.xlsm?dl=0 Let me know if you have any issues. [link] [comments] |
Hey all, like the title says I’ve got a bit of FOMO going on and want to purchase 1 Bitcoin.
That would basically be me taking my entire life savings and putting it into Bitcoin. Is that a completely batshit insane thing to be thinking of doing?
My reasoning is this. Purchase 1 Bitcoin now, hold until the halvening, then take back out the amount of FIAT I put in and HODL the rest. If it’s worth less at that point then I just cut my losses and get out.
Has anyone out there had similar experiences with putting their savings into this volatile market? Any words of advice anyone would like to share?
Thanks all. Really enjoy this community. :)
it is now abundantly clear that BTC core has no moral ground for debate on the scalability issue. the LN is dead and DOESNT work as of today . they know BTC is wrecked as a technology experiment https://i.redd.it/4f5jwn07h2q31.png so now what ?> they have evolved and are now spewing the propaganda that HOLDING is good, spending is bad ( referencing to roger's slovenia BCH spending ) . very weirdly, they claim that by spending, you are liquidating to FIAT and hence dropping the USD value, LOL [link] [comments] |