Dec 21, 2020·3 repliesMitch BakerFew years ago back when I was into sports betting I would buy bitcoin but I stopped for a month and never gambled again. I still had $700 in my wallet I thought I was gonna use but I forgot the password tried everything to access it and I can’t I know that s*** exploded 😫😫😫
This is an actual problem, no?
Imagine someone losing access to their bank account, that can be fixed with one single call to the bank.
Now imagine if all your wealth was in a bitcoin wallet, you lose access to that and it’s gone forever.
If Crypto is the future they have to find a way around this
- Dec 21, 2020·1 replyNine Arts Dragon
This is an actual problem, no?
Imagine someone losing access to their bank account, that can be fixed with one single call to the bank.
Now imagine if all your wealth was in a bitcoin wallet, you lose access to that and it’s gone forever.
If Crypto is the future they have to find a way around this
Seed phrase
- Dec 21, 2020001
Seed phrase
What if you don’t remember the seed phrase ( at that point it’s kinda on you but s*** can happen )
- Dec 21, 2020Nine Arts Dragon
This is an actual problem, no?
Imagine someone losing access to their bank account, that can be fixed with one single call to the bank.
Now imagine if all your wealth was in a bitcoin wallet, you lose access to that and it’s gone forever.
If Crypto is the future they have to find a way around this
Well with a bank you can recover the password to your funds because they hold the money on your behalf
But with a self custody bitcoin wallet its like having the paper money in your hands so if you lose it its your fault
There are places that can hold your bitcoin on your behalf similar to a bank but thats your decision to make
- Dec 21, 2020Nine Arts Dragon
This is an actual problem, no?
Imagine someone losing access to their bank account, that can be fixed with one single call to the bank.
Now imagine if all your wealth was in a bitcoin wallet, you lose access to that and it’s gone forever.
If Crypto is the future they have to find a way around this
Well I wasn’t using it with a investor mindset
at the time I just viewed it as an intermediary to fiat currency I would’ve been more way careful. lt’s also unrealistic and not wise to have “all your wealth” in one asset class. 
Dec 21, 2020
CLB BMOu be doing this too?
yeah i been trading some of the other alt coins. we gonna wat
Dec 21, 2020
NEW EQUITYThink I might put in 2k soon
Wait till it dips!
Dec 21, 2020Odd energy a******
- Dec 21, 2020
Husk_Bitcoin is too volatile for anything long term investment wise
Yeah I’m hoping to exit December 2021, put in 16.3k, if it’s 80k at that point I’ll sell
Dec 21, 2020Told my parents to invest back in 2014 and no one listened. Now I've finally got my own money and can finally invest omo