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Showing posts from December, 2024

Are you Too Late for Bitcoin?

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Gather round fellow degenerates, as I (Chevy) regale you with a tale of bag fumbling… The year was 2017 AD. Bitcoin had been making moves all year, and I’d decided to put some money aside and ape in. At the start of December, I ordered a Ledger wallet (‘cause that’s what my smart friends told me to do) and waited for it to ship. The problem was – Bitcoin was ripping, and EVERYONE wanted a Ledger. So it took about a month for mine to arrive. In the time between ordering and receiving my Ledger, I’d watched $BTC go from $10k, to $20k, all the way back down to $10k. 👇 Source: TradingView My thinking at the time:  I’m too late. I missed the boat. This thing is only going to go down from here… And I was right!  …for about a year. Long term? BOY was I wrong. Had I thought in years instead of months, I could have locked in 900-1000% gains! 👇 Source: TradingView Now, I know what you’re going to say… “That was then. This is now. $BTC is a $2T asset these days. If you’re getting into...

Investors are bullish on a national bitcoin reserve under Trump, but there's a crypto bonanza brewing at the state level, too

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Donald Trump could oversee the creation of a national bitcoin reserve , but some states aren't waiting on lawmakers in Washington to start the trend. Last Thursday, the Texas House of Representatives introduced legislation to create a state-level reserve. The bill would allow Texas to hold bitcoin as a hedge against inflation and economic volatility by building a reserve through donations, fees, or taxes. Similar legislation has emerged on the national stage, turbocharged by expectations that the incoming president will be supportive. The US government already holds over 207,000 bitcoins seized during legal enforcement actions, and Trump has pledged to never sell what's already in the coffers. But the industry wants the government to go a step further, and if a reserve gets the greenlight, Washington would rake in more of the cryptocurrency in a buy-and-hold strategy that mimics corporate holders like  MicroStrategy . Proponents argue that this can alleviate financial stress do...

Best Cryptocurrency Exchanges of 2024: A Comprehensive Guide for Investors

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Business Insider - The top cryptocurrency exchanges allow you to buy, sell, and trade popular cryptocurrencies, NFTs, and other digital coins and tokens. However, only experienced, hands-on traders with knowledge of blockchain trading should use the top crypto exchanges. Our crypto exchange guide explores the best crypto exchanges, including the crypto exchanges with the lowest fees and the safest crypto exchanges for buying and selling Bitcoin and other top-performing digital coins. Best Crypto Exchanges for 2024 (Summary) Coinbase : Best cryptocurrency selection Crypto.com : Best for mobile trading Abra : Best for institutional and private wealth management Kraken : Best security Binance.US : Best security runner-up Cash App Investing : Best for Bitcoin Check out our crypto exchange reviews on each platform for more in-depth analysis.  Compare the Best Cryptocurrency Exchanges The best  cryptocurrency  exchanges work similarly to the best stock trading apps, offering co...

From $45,000 to $500,000, here's the bull and bear case for bitcoin in 2025

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Bitcoin has been on a tear in 2024, surging 145% year-to-date and breaching the psychological $106,000 in recent days. The volatile cryptocurrency has been a polarizing asset, but with an incoming Trump administration, combined with the launch of bitcoin ETFs earlier this year, it seems more and more investors are starting to embrace bitcoin. But not everyone is bullish, and there are some on Wall Street who still see a coming correction in 2025. Here are the biggest bear and bull cases for the token next year. Bitcoin will fall to $45,000: BCA Research Chief global strategist Peter Berezin of BCA Research expects bitcoin to crash in 2025. Berezin, who  is bearish on risk assets broadly for next year  on the expectation that a recession will hit, said that bitcoin will finish 2025 at around $45,000, marking a decline of 57% from current levels. With his bearish outlook, Berezin said gold would finally outperform bitcoin in 2025, as investors seek safe-haven assets amid a perio...

9 Best Crypto Scam Recovery Companies 2024

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Losing access to cryptocurrency is, well, devastating. When traditional reporting channels, such as the police and i3C, do not yield immediate results, you might want to turn to a professional recovery service to help you regain control of your assets. But the future is not without its challenges, with the industry convoluted by unscrupulous crypto recovery services that can often make the problem worse. When so much is on the line, you should entrust your crypto into the hands of a trusted partner. To help you in this space and assist you in selecting a reliable service provider, we have compiled a list of the top 9 legitimate crypto recovery firms. Each firm in this list is deeply investigated for certifications, registered addresses, and a strong reputation in protecting assets from misfeasance or unauthorized access and provides much-needed assurance for those affected. The following guide offers you trusted services that can assist you in safeguarding your assets and recovering t...