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  1. Baron

    Baron's Crypto Trading Journal

    Ok, just confirming that I got my wallet set up on both desktop and mobile and I have moved everything over from Gemini into my own possession. I'm going to get a Trezor hardware device as well to serve as a backup in the event I lost my computer, mobile phone, etc. Trezor has several to choose...
  2. Baron

    Baron's Crypto Trading Journal

    It's a wallet app called Exodus that can be installed on both desktop and mobile, and I also plan to implement a hardware device like you're referring to as well. But for today, I'm using the desktop app primarily.
  3. Baron

    Baron's Crypto Trading Journal

    Given the contagion spread caused by this FTX fiasco, I am moving my crypto over from Gemini to self-custody today because I don't trust anyone at this point, which is a good thing since self-custody has always been one of the key selling points of crypto anyway. In retrospect, I should have...
  4. Baron

    Say what you will about Twitter...

    Well at least there's been one useful tweet this year. :D
  5. Baron

    Baron's Crypto Trading Journal

    No wonder you've been calling Bitcoin overvalued since it was $30. You literally believe what you typed above. Sorry guys. Pekelo has an important investment message for you: Time to sell your Google stock since every other search engine will just dilute the value of Google. Time to sell...
  6. Baron

    Baron's Crypto Trading Journal

    Dumbest argument ever. That's like saying there will be fewer buyers for a mansion in Los Angeles because regular-sized homes are being built in regular neighborhoods all over the country. A scarce and desirable asset is not impacted over the long term by the production of assets at much lower...
  7. Baron

    Baron's Crypto Trading Journal

    hilmy83 is spot on. Overnight, I'll give you a story as an example. At the beginning of 2020, you had finally amassed $100k in savings to put 20% down towards the purchase of a new house. It's a $500k home in a quiet neighborhood and you're excited to finally close on it and move in. On the...
  8. Baron

    Baron's Crypto Trading Journal

    It's called trading with money you can afford to lose. You may have heard of that concept before.
  9. Baron

    Baron's Crypto Trading Journal

    OMG. Where do you think the increases in home prices (and many things) came from in the past year or two? I'm just curious.
  10. Baron

    Baron's Crypto Trading Journal

    Silver and platinum are not money. They are rocks dug out of the ground. Good luck buying your next vehicle with a chunk of platinum. Yeah, it's called Bitcoin.
  11. Baron

    Kevin O'Leary on FTX

    Get yourself a drink and snack, and then spend the 37 minutes required to watch this video and it will help you better understand the nature of the loss.
  12. Baron

    Kevin O'Leary on FTX

    Another generic "crypto" reference. All crypto is not the same. Crypto payments via stablecoins can easily be used for transactions today with no additional thought required: I have a TV to sell you. You ask me how much? And I say $499, and you can pay that amount today via cash, PayPal, or...
  13. Baron

    Kevin O'Leary on FTX

    I have a TV to sell you. You ask me how much? And then I tell you it costs .277 of a gold stablecoin. See the problem? People don't think in gold. They think in terms of Dollars, or Euros, or Yen.
  14. Baron

    Baron's Crypto Trading Journal

    What are you talking about? The media has been covering inflation and currency devaluation every day for a year now. In my area, the dollar has lost a staggering amount of purchasing power compared to last year. My house was $2.3 million a year or two ago but now you'd need $3.7 million to buy...
  15. Baron

    Baron's Crypto Trading Journal

    Your inability to look at crypto from any timeframe other than the $68k top until now is staggering. I wonder why you do that and always ignore the 10 years of bitcoin trading activity up until the $68k.
  16. Baron

    Tom Brady and Gisele Bündchen Risk Losing Huge Investment in FTX

    Ouch... American football dynamo Tom Brady and his supermodel ex-wife Gisele Bündchen find their FTX investment at risk following the exchange’s implosion. According to reports, the 7x Super Bowl champion and his former spouse previously invested a substantial but unknown amount of their funds...
  17. Baron

    Kevin O'Leary on FTX

    I'm not sure why you're even asking me that question. I don't work on maintaining Bitcoin code and never have. You'd have to ask Bitcoin developers that question.
  18. Baron

    Kevin O'Leary on FTX

    100% Wrong. A stablecoin is a cryptocurrency and stablecoin transactions on the blockchain are secured by cryptography. Because the system is bogged down in old-school thinking. You can't just keep tinkering with a old monetary system and expect a revolutionary outcome. In other words, you can...
  19. Baron

    Kevin O'Leary on FTX

    Yes, I am in agreement that crypto stablecoins are an absolutely superior way for businesses and individuals to transfer USD faster and cheaper to anyone on the planet 24/7, and that's exactly what Kevin O'Leary was trying to communicate. You had asked in a prior post what makes stablecoins so...
  20. Baron

    Complaint: Moderator discriminates me

    How could you possibly call the moderation selective and unfair when you do not have a list of all the moderation tasks that we complete on a daily basis? Maybe we're treating everyone else unfairly and selective as well. And perhaps you're just another person among many who are being...
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