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    Cryptocurrency Manipulation Report: The Fun Space Group

    February 16, 2021

    Cryptocurrency Manipulation Report: The Fun Space Group

    Manipulation Report: The Fun Space Group

    Posted: 15 Feb 2021 05:55 AM PST

    Hello everyone,

    Today I would like to share with you the results of another manipulation investigation that was recently completed on r/CryptoCurrency and r/CryptoMarkets. Most of the time investigations are handled behind the scenes so the culprits do not learn our methods and evade them, but in certain cases like this one I believe it is good to show people what to look out for. Some background, more resources about digital manipulation, and a prior report can be found here.

    DISCLAIMER: Visit any of the links below at your own risk. Some are NSFW and others are redirects that may send you to an unknown location. You may want to use a tool like https://wheregoes.com/ to examine redirect chains more safely, though these tools aren't bulletproof either

    The Fun Space Group

    The Fun Space group arrived on our radar recently for posting redirect links mainly across r/CryptoMarkets and smaller crypto subs. This is against Rule 1 in both subs because automod evasion obviously makes moderating harder, but it also sends the user to a destination they don't expect. This might be done immediately or they might wait for the post to become popular and then sell it to a porn/malware distributor as seemingly happened here. There is very little, if any, legitimate use for redirect domains and it is very inorganic behavior.

    The typical MO for these bots is to periodically spam these redirect domains across 5 to 10 subreddits, always with a similar title and using a TLD like .fun or .space. Note, this is not limited to crypto, I found several cases where it included gaming, science, and merchandise targeted spam as well. You'll also see that these redirect posts are always upvoted to somewhere around 40 to 100 points, even though they are low quality and often posted in dead subs, which is clear vote manipulation

    A quick glance at these accounts might not look fishy because between spam campaigns they always have organic looking comments. After digging a little deeper I noticed a few things. These comments were in popular posts I had seen on r/all and they always had a lot of comments. If you load all comments and ctrl+F "title are hilarious" in this post, you'll see what I found. 3 different accounts placed the exact same comment in that thread. What these bots are doing to simulate organic activity is finding popular threads on r/all and just copying an existing comment. Usually they are among of hundreds or thousands of comments, so a human would never notice.

    We have taken steps to prevent this kind of activity in the future and have of course banned all of these accounts, but awareness is important too. This kind of activity multiplied on crypto reddit during the WallStreetBets saga, so keep an eye out for things like this and please continue reporting suspicious activity.

    submitted by /u/CryptoMaximalist
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    Daily Discussion - February 16, 2021 (GMT+0)

    Posted: 15 Feb 2021 04:00 PM PST

    Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating.

    Disclaimer:

    Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.

    Please be careful about what information you share and the actions you take. Do not share the amounts of your portfolios (why not just share percentage?). Do not share your private keys or wallet seed. Use strong, non-SMS 2FA if possible. Beware of scammers and be smart. Do not invest more than you can afford to lose, and do not fall for pyramid schemes, promises of unrealistic returns (get-rich-quick schemes), and other common scams.

    Rules:

    • All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
    • Discussion topics must be related to cryptocurrency.
    • Behave with civility and politeness. Do not use offensive, racist or homophobic language.
    • Comments will be sorted by newest first.

    Useful Links:

    submitted by /u/AutoModerator
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    2014: “The only use for crypto is to buy drugs” - Now in 2021, my only use for USD is to buy marijuana.

    Posted: 15 Feb 2021 08:08 PM PST

    I just got approved for the BitPay credit card so now I can use crypto with Apple Pay. Formerly I used Apple Pay for almost every transaction, save for when I (legally) purchased marijuana. Now, marijuana is my only reason to pay in USD. Funny how times change.

    submitted by /u/thatdudeiknew
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    A Beginner's Guide to Cryptocurrency Wallets

    Posted: 15 Feb 2021 11:09 AM PST

    A cryptocurrency wallet is basically a software that enables you to track, send and receive coins through the blockchain like a bank account. Every wallet has a public key and a private key, but we'll get back to this later. But first...

    Why do you need a wallet?

    There's an old saying in Tennessee that says: "Not your keys, not your coins." What it actually means is that if you keep your cryptocurrencies on an exchange (such as Coinbase, Binance or Kraken), you don't actually own those coins, because you don't have the keys to the related wallet. You gain access to those wallets by logging into these exchanges, but your account can - theoretically - be deleted in the blink of an eye, or the exchange can get hacked, attacked, etc. And with it, your funds can disappear forever. If you want to learn more about this, make sure to look up Mt. Gox's hacking. It is an unfortunate event, but one that puts you on guard.

    So you already know that you need to own your keys in order to own your coins. But what are these keys?

    Your public key is what identifies your account on the network. Think of it as your email address, because when someone wants to send you cryptocurrency, they will send it to this address.

    Your private key is a string of 64 characters that can be generated from a 12-word seed phrase. It basically serves as the password of your account. It is used to sign transactions and to prove that you own the related public key.

    See, it's not that complicated, is it?

    About wallet types

    There are 4 types of wallets that you should be using. Ideally, you can pick the one that fits your crypto habits the most. You should avoid using Web wallets. As always, if you can, please pick the safest wallet type in order to minimize the risk of losing your cryptos.

    Hardware / Offline / Cold Wallet - an offline storage device (e.g. hard disk, USB stick). You might've heard the names Ledger or Trezor, these are the 2 biggest brands at the moment. The ledger supports over 1200 cryptocurrencies, while Trezor supports over a thousand. It is also the most secure way to store your cryptocurrencies.

    Mobile Wallet - applications that are installable on your mobile phone. Beware that even though an app can hold crypto, it doesn't mean it is NOT custodial. (e.g. Coinbase has a mobile app, but it is custodial, meaning that they control your coins.) Exodus or Atomic mobile apps are recommended if you decide to create a mobile wallet.

    Desktop Wallet - wallets that are installable on different desktops and are compatible with Windows, Mac, and Linux. Your keys are stored on your computer, and you can use this wallet even when you're offline. Note: Desktop wallets tend to be more advanced than mobile wallets, and usually come with more technically complicated features that can increase privacy or allow for more flexibility when it comes to signing transactions.

    Paper wallet - a paper wallet is essentially a piece of paper including your public and private key, or a QR code (so that you can quickly scan them and add the keys to a software wallet to make a transaction). It's a really safe way to store your cryptos because your keys are not connected to any servers. The only way someone can steal your cryptos is if they steal this paper.

    The Best Hardware Wallets

    Ledger Nano (S and X) - The most popular hardware wallet brand in the world, currently sells 2 different sticks. The S is the cheaper alternative, but if you handle transactions between multiple cryptocurrencies frequently, the larger storage of the Nano X should be more convenient. The Nano X also has Bluetooth 5.0 support. You can read more about Ledgers on their website.

    Beware that Ledger was targeted by a cyberattack that led to a data breach in July 2020. A larger subset of detailed information has been leaked, approximately 272,000 detailed information such as postal address, last name, first name, and telephone number of our customers. However, not a single coin was stolen as hackers didn't gain access to private keys. Please keep this in mind when making your decision.

    Trezor (One and Model T) - Trezor is the other popular hardware wallet brand. The Trezor One is the cheaper alternative ($59), while the Model T is more expensive but comes with extended functionality and additionally supports cryptocurrencies such as ADA, XMR, XTZ, etc.

    Despite the security of hardware devices themselves, the weakest link is always the people using them. If possible, avoid buying used hardware wallets, even though both Trezor and Ledger have security measures to avoid the attempt of installing malwares.

    The Best Desktop Wallets

    Exodus - a very user-friendly and easy to understand, reliable wallet. As of now, it is probably the most popular desktop wallet. Available on Windows, Mac and Linux as well.

    Atomic - it is also a user-friendly and reliable wallet. Atomic supports 500+ assets and allows staking various cryptocurrencies. Available on Windows, Mac and Linux.

    Of course, there are several other reliable desktop wallets, but these two proved to be the most user-friendly and easy to use wallets so far. As always, please DYOR!

    If you decide to go with a mobile wallet (instead of a paper, hardware, or a desktop wallet), Exodus or Atomic are both available on iOS and Android. Please avoid installing 10+ crypto wallet applications on your phone, because you'll make it impossible to keep track of your keys and passwords eventually.

    Last piece of advice: always be cautious and double-check everything. Keep your devices malware-free, and don't click on anything suspicious (such as emails from "Binnance", crazy bonus links from "Coimbase", etc.)

    If you have any questions, feel free to let us know!

    submitted by /u/Weaver96
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    Things you NEED to do when you first receive your hardware wallet

    Posted: 15 Feb 2021 05:47 PM PST

    With so many new people in the crypto space, there are many mistakes that have been made that new investors need to know about.

    One of them is what to do with your hardware wallet when you first receive it.

    Legitimate devices

    In 99%+ of cases (99% is a low estimate) you will receive a legitimate hardware wallet. However, there have been cases of fake Ledger/Trezor wallets, or even wallets already set up (more on this below).

    How to ensure your Ledger is genuine.

    How to ensure your Trezor is genuine.

    These steps are particularly important if you buy from places like Amazon where there is very little individual stock quality control.

    Your seed

    When setting up your hardware wallet for the first time, you will be generating a BRAND NEW SEED. If you did not do this step during the setup, it's possible that someone has set it up, hoping you don't notice.

    They then monitor your wallet for transactions and drain your wallet.

    Every wallet has a process of generating your seed, then displaying it for you to record. This applies to every type of wallet, so if this isn't something you did you should investigate ASAP as your funds may be at risk.

    Factory reset

    After you have properly set up your new wallet and have noted down your seed, it's time to wipe your device. Yes, this is necessary.

    Before sending a single transaction to your new address, factory reset your device and recover it using your seed. This ensures you have noted down your seed correctly and you are capable of restoring your wallet if it gets damaged or stolen.

    I personally know people who had no trouble setting up their wallet, but needed a lot of help recovering it. Practicing this with a zero-balance wallet is an extremely valuable exercise.

    This is such an important step that too many people don't do. Always practice disaster recovery as hardware devices will always eventually fail. It may be 15 years from now, but hardware doesn't last the test of time.

    Also worth noting - your seed can be used to recover your wallet across another medium. For example, the seed from your Trezor can be put into a desktop wallet like Exodus and you will be able to access everything.

    submitted by /u/plokij24
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    People: "I Wish I had Bought BTC In the Good Old Days of 10 Cents And Held Until Now" ... Also People: "Remember To Take Profits!"

    Posted: 16 Feb 2021 12:11 AM PST

    You can't really have it both ways. If you're tempted to take profits when you make some nice gains, say 2x, 5x, or even 10x ... there's no need to look on the past with regret, and wish you got in the early days of cheap Bitcoin, doing the math on how much you would have today.

    There's almost no way you would have that same stack today ... holding past 10x, 100x, 1000x, 10000x .... and beyond. And that's okay. We all have our moons, and taking profits is great. What's the point of being in crypto if not to take profits eventually? But when you do, don't live with regrets.

    And if you can, try to hold past the 2x, 5x, 10x ... one day it's likely people will wish for the good old days of 50k Bitcoin.

    Just imagine the posts in 2030:

    "Man buys Tesla for 1 Bitcoin in 2021 - that Bitcoin is now worth 50 Teslas"

    50k seems like a lot right now, but it may be the new "Bitcoin for 10 cents" in the future.

    TLDR - Take profits if you want/need - hold if you can. And most importantly, don't look back with regrets.

    submitted by /u/calvintheidiot
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    People need to stop posting their holding details

    Posted: 16 Feb 2021 01:54 AM PST

    People need to stop posting their holding details. That includes comments that can give a good indication of your wealth like passive income or details about your portfolio growth.

    I am seeing this more and more of this on many different subs and honestly its equal parts cringe and stupid.

    If you do this you are setting yourself up as a target and if you have enough wealth out there an unethical person will come out for you and find a way to get that wealth. I am not just talking about a super tech savvy traditional hacker here. Social hacking is on the rise due to how much info we share online. A smart and determined person just needs to find a way down that rabbit hole based on any info you share (even if you don't share your real name here) and they could get a way in.

    Hell it could be someone in real life that knows (or has found out) your online identity. Or not even them but someone they told.

    Less directly impacting is that it discourages other people just getting into the space. They see these numbers and could feel they would never be able to participate here. Not very community building

    Post percentages if you really need to, but there is absolutely no reason to post about your earnings or holdings to anyone on reddit.

    submitted by /u/FrozenEternityZA
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    Americans Who Bought Bitcoin With First Stimulus Check Are Up A Whopping 639%.

    Posted: 15 Feb 2021 01:01 PM PST

    ETH is unusable as a crytocurrency right now.

    Posted: 15 Feb 2021 09:36 AM PST

    I hate to say it but ETH is fucked and so are all the ETH-based coins.

    Right now Coinbase is having massive congestion problem to send/receive any ETH or ETH-based coins, including USDC. Go look at /r/coinbase

    People are reporting a day long delay for any ETH related coins transferring. Because of the insane gas price, ETH aren't just scalable right now ... with this kind of delay I would say it's virtually unusable as a cryptocurrency

    This is the opposite of what crypto supposed to do. If im going to wait hours or days for money to move, I might as well just as bank wire.

    submitted by /u/skysmoker
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    Hayek predicts the rise of Cryptocurrency : Must watch

    Posted: 15 Feb 2021 07:00 PM PST

    Never ever buy on Robinhood!

    Posted: 15 Feb 2021 05:53 PM PST

    Bitcoin investor from r/Bitcoin tried to withdraw Bitcoin from Robinhood...

    Got this response:

    At this time, we don't allow users to transfer their existing cryptocurrency assets into or out of their Robinhood Crypto account. There are a few reasons for this, but we primarily want to prevent funds in Robinhood Crypto from being used for illegal transactions.

    Keeping Robinhood Crypto a safe and secure service is very important to us, and this measure helps make that possible.

    We'll be sure to update you if this type of transfer does become available in the future!

    Robinhood is hiding behind assuming all their users are intending to use their crypto for illegal activity.

    From RH Crypto agreement:

    Withdrawals. I understand and agree that, in order to send Cryptocurrencies in my RHC Account to an external wallet that I control (such process, a "Withdrawal"), I may be required to provide proof of identity, control over bank accounts associated with my RHC Account or Affiliated Accounts, and control over such wallet, among other information. I represent that I have sole control over any wallet to which I send Cryptocurrencies in connection with such a Withdrawal. I further understand and agree that RHC may delay any requested Withdrawals if RHC perceives a risk of fraud or illegal activity or if the Withdrawal otherwise violates RHC's AML program, and I understand that you may verify Withdrawal wallet addresses with third-party AML service providers. I understand that, once initiated on the network associated with the Cryptocurrency subject to the Withdrawal, Withdrawals will typically be processed at the speed of such network, but that in certain situations, Withdrawals may be delayed in connection with any latency, congestion, disruption, or other delay of such network. I understand that you cannot reverse a Withdrawal that has been broadcast to a Cryptocurrency network. I also understand that you reserve the right to cancel any pending Withdrawal as required by law or in response to a subpoena, court order, or other binding government order.

    submitted by /u/UrMuMGaEe
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    It's absolutely bonkers XRP has stayed in the top 5 after everything that's happened.

    Posted: 15 Feb 2021 06:10 AM PST

    Look I don't care what you have to say about XRP, and it's obviously centralized distribution.

    But the fact is it was delisted from both Binance and Coinbase. The two exchanges every altcoin would kill to be on. And still has an impending SEC lawsuit.

    Who are all the maniacs still buying/hodling XRP? Are people betting that the SEC lawsuit falls through, and XRP gets relisted and jumps back to several dollars each?

    submitted by /u/Ragnaroknight
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    A Beginner's Guide to Market Cap, Volume & Supply.

    Posted: 15 Feb 2021 09:36 PM PST

    Market capitalization, commonly called market cap, is the Total Market Value of a Crypto Currency's outstanding Coins/Tokens, and can be easily calculated using the formula: The Current Price of a Coin/Token × Circulating Supply of a Coin/Token. It is an important metric you'll need to learn to understand the crypto-market landscape. Most Investors suggest that The Market Cap is a more important factor than the per-share price, as it inform them to easily assess the value and size of any Coin/Token.

    The Volume is the total amount of Coins/Tokens that have been traded over a specific timeline, often 24hrs in order to show the daily activity of a particular Crypto Currency. This is an important measurement because it helps us assess whether the market's recent movement is attributed to increased attention, which can be an incredible tool for predicting future movement.

    The Circulating Supply is the approximate amount of a Coins/Tokens that are being actively traded in the market. If the Circulating Supply differs greatly from the Total Supply, it simply means that there is a large amount of that Coin/Token being kept out of the Active Market by Private Investors. When this is the case, the Crypto Currency in question could become subject to a large amount of market manipulation.

    The Total Supply is the total amount of Coins/Tokens that are currently in existence, both actively traded and privately stored. If the Total Supply differs greatly from the Circulating Supply, it stands to reason that there is a large amount of that Coin/Token being kept out of the Active Market by Private Investors. When this is the case, the Crypto Currency in question could become subject to a large amount of market manipulation.

    The Maximum Supply is the approximate highest amount of Coins/Tokens that will ever exist of the said Crypto Currency in question. The Maximum Supply of a Coin/Token can showcase how much room for growth the Crypto Currency has, but not all Coins/Tokens have a Max Supply Limit. Coins/Tokens that do not have a Max Supply Limit often have different rules for the creation of new Coins/Tokens, and unlimited room to grow.

    To easily access and consult these different forms of measurements, I highly recommend using CoinGecko or Coin Market Cap, are websites that compile these measurements for a massive amount of Coins/Tokens for easy-to-use and comprehensive platforms.

    submitted by /u/alliswell19
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    MKBHD calls out Tron for offering money to Promote without disclosure - ft. Lindsay Lohan, NeYO, Lil Yachty

    Posted: 15 Feb 2021 09:03 PM PST

    The ultimate cold storage : I encrypted my keys in DNA and stored them at -195°C / -319F

    Posted: 15 Feb 2021 03:37 PM PST

    The ultimate cold storage

    DNA is used since 4 billion years to encode information. It is the only thing that will never become obsolete. Like Bill gates once said: 'DNA is like a computer program but far, far more advanced than any software ever created'.

    So, how is it possible to encode a crypto private key using DNA? I will offer in this post a quick overview on how I successfully encoded and stored my crypto keys using DNA.

    Let's start with the basics: the standard (also called Roman) alphabet is a standardized set of basic 26 written symbols (called graphemes) that can be combined to create words. Hence, combining those symbols into organized sequences of words (sentences) allow humans to materialize/deliver information (like the paragraph that I just wrote, entire books or even your private key).

    DNA language is much easier than roman alphabet: it is only made up of four letters: A, T, C and G (abbreviations for the 4 molecules (called nucleotides) that make up the rungs of the DNA ladder). Like the concept of words and sentences that I previously introduced, it is the combination of nucleotides into particular sequences that allows to encode a particular genetic information.

    Then, how do you encode complex sequences with only 4 letters?

    Each group of 3 nucleotides (called codon) encodes one amino acid. There are (so far) 20 amino acids, each of them (as you can see on the list) identified by a full name and a unique letter abbreviation. For instance, when sorted by alphabetic order, the first amino acid in the list is Alanine, abbreviated 'A', the second is Cysteine abbreviated 'C' etc. till Tryptophan (W) and Tyrosine (Y). Thus, the amino acid list offers a set of 20 letters which, at the end, is pretty similar to the Roman alphabet.

    Thereby, with only four starting letters (nucleotides) that can be organized in particular codons, it is possible to encode a virtually endless string with, at each position, 1 of the 20 amino acid. Like letters and words, it is possible to use DNA codons to make sentences. Here is a simple one ;)

    Once you understand that, you realize that it is virtually possible to encode anything using DNA.

    And this is what I did for some of my private keys. I know that for the public, manipulation of the DNA sounds like complex science fiction, but for most of the molecular biologists, converting a data file into DNA is a surprisingly simple, cheap and easy process. Synthetizing a particular sequence takes between 5 minutes and 3 hours and roughly costs up to $5 while decrypting it (using sequencing) is as fast and cheap. The DNA can then be stored in a cold environment ranging from a simple fridge (4°C / 40F) to a liquid nitrogen tank (-195°C / -319F).

    Beyond the simple encryption of my keys, hundred of proof of concept implying DNA storage are published every year. Among the most interesting: some researcher 3D-printed a bunny which contains its blueprint in the plastic filament used for printing. By clipping off a tiny bit of the ear of the bunny, scientists were able to read out the blueprint, multiply it and produce a next generation of bunnies. Additionally, In June 2019, scientists reported that all 16 GB of text from Wikipedia's English-language version have been encoded into synthetic DNA.

    These concepts led to the emergence of a revolutionary and completely new type of industry called DNA digital data storage. Some experts even think that after entering the IoT (internet of things) age, humankind could move towards the 'DNA of things' era.

    We are not there yet, but it is a very interesting emerging industry. And for those wondering : for security reasons, nothing prevents me from changing the correspondance between codons and amino acids to generate a new genetic code that I'm the only one able to decrypt. And, as you can see, there is also redundancy in the list (several codons code for the same amino acid) thus allowing me to even add characters (for instance the 6 letters missing in the original genetic code).

    Thanks for reading.

    TL;DR : 'Yeah so I used the building blocks of life itself to store the password to my internet magic money' (©Villeto)

    Wild times

    submitted by /u/Magelis86
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    This Is Why You DONT Buy Crypyo On Robinhood. You DONT Own It

    Posted: 16 Feb 2021 12:46 AM PST

    Anybody here who invest only to altcoins and not to BTC/ETH because of inherently not believe in them?

    Posted: 15 Feb 2021 11:56 PM PST

    From my point of view it seems the general public opinion about being into crypto is to stash BTC/ETH and then maybe one or two pet coins. Is it really the mainstream behaviour? How many of you are into crypto while trying to ignore BTC/ETH because you find them, e.g. not good enough?

    submitted by /u/515k4
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    You Can Now Spend Bitcoin on Apple Pay

    Posted: 15 Feb 2021 10:11 PM PST

    Noob Here: My investment grew.

    Posted: 15 Feb 2021 04:39 PM PST

    Last year I decided to put $25 I do believe it was (maybe less) into Binance so I could play around with it while I learned. I ended up losing interest, was a rough time for me like so many others.

    Anyways, things are going well again and I've had the itch to take another crack at learning about crypto and trading. I went to go check my balance and my tiny investment is now $96. I know it's not much, but it's growth and certainly added to that spark to get back at it.

    Was just a bit excited and wanted to tell someone; figured this would be as good a place as any to do so.

    submitted by /u/MemeTitansGO
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    Can’t wait for 2025

    Posted: 15 Feb 2021 05:18 PM PST

    Rarely do things work out as planned, but hoping my exit strategy does. I've been putting all of my spare income into crypto for 2 years now and slowly funneling my life savings in too. Hard not to with these numbers. The plan is to sell off around 2025 and set up the life I've been working for since I was 15 years old. Nothing special. Just a nice little house on a modest amount of acreage where my dogs can play and my daughter can visit while she's in college. Hopefully my grandkids can come play some day. I think with the current state of the market it should be absolutely killing it around that time. Fingers crossed.

    submitted by /u/Important-Post-9997
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    You can soon use cryptocurrency for payments in Google Pay, Samsung Pay

    Posted: 15 Feb 2021 10:50 AM PST

    [AMA] Hi All, Vik Sharma the founder of Cake Wallet for Monero and Bitcoin here to do an AMA! So ask me anything!

    Posted: 15 Feb 2021 12:17 PM PST

    HI r/cryptocurrency, this is Vik Sharma the founder of Cake Wallet which is a popular open-source mobile wallet for Bitcoin and Monero on iOS and Android. I'm here to answer any questions you may have on Cake Wallet, Monero, privacy, fungibility or why we decided to add a Bitcoin wallet to the App or even how a lifelong steel industry guy jumped into cryptocurrency. Ask my anything!

    This AMA will end at 8PM EST.

    Follow Cake Wallet on twitter at https://twitter.com/cakewallet and me at https://twitter.com/vikrantnyc for daily news and updates!

    EDIT: Wow, that was a lot of fun! Thank you all for your great questions and discussions and a big thank you to r/CryptoCurrency for having me on. Please follow us on Twitter and check out Cake Wallet at cakewallet.com . Goodnight all!

    submitted by /u/cakewallet
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    Crypto brought me to Reddit 4 years ago today! A couple thoughts from a mild veteran:

    Posted: 15 Feb 2021 06:14 PM PST

    I had just gotten into Bitcoin as a bit of a novelty in the aftermath of Mt. Gox during all of the uncertainty, looking for a community to learn more from I came to reddit! It's been a wild ride since then, but I've been a HODLer through and through. Learned a bit about ETH and the tech seemed really promising. I bought into it with some BTC, then rode it from $8 and through all the highs and lows. Been in and out of some alts, but overall I've had great success just staying in the main coins.

    So on to some thoughts:

    • If you don't know what you're doing, HOLD! Hodl might be a meme around here, but it's true. If you hold long enough you end up on top as long as you don't have weak hands. Look at all the people who bought the top the last run. It might've been a miserable 3yrs but if they just ignored it and let it ride, they'd be way up today.

    • Don't dive into anything without doing your own research! You'll see so many people shilling stuff on here that they're in, and it just might be going up too. But nothing says they know anything more than you, so research before putting your money in!

    • Take profits when you can cover your cost basis without taking too much out of your portfolio. It makes watching the market so much less stressful. You might hate watching what could've grown larger sitting it out but believe me when it crashes you will feel far less pain knowing you still broke even at worst.

    • On the flip side, don't sell way more than you need right now. The US (and not just America) are printing money like crazy, along with signing trillion dollar bills like nothing. The stock market is going up for no reason. Inflation is going to go crazy, and I see crypto as a hedge against that.

    Feel free to ask me any questions you've got, and happy trading!!!

    submitted by /u/somewhere_cool
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    Shitcoin Verge XVG is having a re-org attack where the last 6 months transactions have been over-written. This is the deepest re-org attack that has taken place in a top 100 shitcoin

    Posted: 15 Feb 2021 07:19 PM PST

    Reminder that "Be greedy when others are fearful and fearful when others are greedy" applies to the bull market too

    Posted: 16 Feb 2021 03:50 AM PST

    This is reddit's favorite quote when the market is dropping. "Guys, as warren buffett says, be greedy when others are fearful!! You should buy the dip!! Crypto on sale lmao!!"

    But this is never posted when market is bullish.

    So this is a kind reminder that you should start being fearful when you see so much greed every day.

    submitted by /u/silver_light
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    Former Coinbase CTO says India Crypto Ban Could make the nation 20% Poorer

    Posted: 16 Feb 2021 02:29 AM PST

    Why I’m thankful for Dogecoin and how it brought me here

    Posted: 15 Feb 2021 10:24 PM PST

    I know this isn't a popular opinion here, or with the crypto community at large, but I have to give my thanks to Dogecoin. To explain why, I have to turn back the clock a few years, to 2017.

    I'm sure this is a familiar year for many of you, at the very end of the year bitcoin had its first huge spike. At this time, i was just starting my first year in college as a Computer Engineering major. All the craze around bitcoin got me interested, especially being in a computing major. A digital currency? That's making people rich?? Sign me up!

    Before you say anything, I know. Dangerous mentality, but what can I say? I made a coinbase account and hopped on bitcoin, litecoin, and ethereum right at their peaks (don't worry, not a major amount). I was excited to be a part of this new movement.

    As you may know, crypto crashed, and hard, almost as fast as it had spiked. I'm sure you've all heard this story a million times, but I got discouraged and thought "this isn't for me" pretty quickly. I left the money in there and just about forgot about it.

    Fast forward to one night this December. I was laying in bed, and lo and behold my brain decides it's a good time to think about that stupid idea I had buying crypto. What the hell. Might as well check to see what the prices are. Downloaded coinbase aaaannndddd WAIT WHAT? Bitcoin is up finally! Sold almost immediately at around (looking back, ugh) $19k. Made a grand total of $27. Proceeded to pretty much forget about it again.

    Couple weeks later, GME happens. And then Dogecoin. I know this one's a pump and dump, but I figure I'll give it another shot. I got in pretty close to the bottom at $0.022. It keeps going up! 0.03, 0.04, 0.06, 0.08! It's working! Starts dropping again and this time I decided to get out early, made some money, not too shabby.

    But why am I here now, you ask? Well, while i was holding doge (idk if one day can be considered holding, but you get the idea), I started reading around and doing research on other cryptos, something I didn't do back in 2017. Wouldn't you know it, I'm really interested in the technology, and I think that it can have a big future. I've been listening to podcasts, reading articles, and browsing the subreddit.

    I'm happy to say I think I'm here to stay. For my first real purchase I went in on XLM, and I'm excited to see what the future holds. And don't worry, this time I'm holding.

    submitted by /u/Focus_RadEAte
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