aprende_BTC on Nostr: Top 5 things I learned about #Bitcoin in 2022. 😇 1/ Do not lock up your Bitcoin. ...
Top 5 things I learned about #Bitcoin in 2022.
😇
1/ Do not lock up your Bitcoin.
-CEFI = Not your keys not your coins
-DEFI = why risk a hack/exploit ?
Yield on your BTC?
Where is the yield coming from?
2/ Keep it in COLD STORAGE
Hot Wallet = Exchanges (Not all are bad but you are risking a lot, think FTX)
Warm wallet = Connected to Internet
Cold Wallet = Your bitcoin Safe.
Simple.
3/ Study Bitcoin and ignore 99% of Cryptos.
If you study Bitcoin you will see that there is no point for most tokens or crypto currencies.
4/ Value ≠ Price
Bitcoin fundamentals are way better than last year.
Price is down but the protocol is still more secure, more adopted, more HODLers, cheaper and faster than banks.
5/ Bicoin is hope.
Banking the unbanked.
Hedge against inflation.
Remittance fees are a thing of the past.
First global money.
😇
1/ Do not lock up your Bitcoin.
-CEFI = Not your keys not your coins
-DEFI = why risk a hack/exploit ?
Yield on your BTC?
Where is the yield coming from?
2/ Keep it in COLD STORAGE
Hot Wallet = Exchanges (Not all are bad but you are risking a lot, think FTX)
Warm wallet = Connected to Internet
Cold Wallet = Your bitcoin Safe.
Simple.
3/ Study Bitcoin and ignore 99% of Cryptos.
If you study Bitcoin you will see that there is no point for most tokens or crypto currencies.
4/ Value ≠ Price
Bitcoin fundamentals are way better than last year.
Price is down but the protocol is still more secure, more adopted, more HODLers, cheaper and faster than banks.
5/ Bicoin is hope.
Banking the unbanked.
Hedge against inflation.
Remittance fees are a thing of the past.
First global money.