Coins are down. Satoshi do something please

You mean CIA

CIA didn't make btc if that's your inference

Yukon Cornelius said:

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CIA didn't make btc if that's your inference

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For real?

It couldn't be more obvious...

Have you read all of satoshi posts?

Accounting folks, thoughts on this

Hey guys and gals. Looking for some help. At the suggestion of a poster here I bought a Ledger flex for cold storage of my BTC. It is currently on Robinhood exchange. I've set up the flex with seed phrase and downloaded the BTC app. It shows 4 accounts (segwit, native segwit, legacy, and taproot). I've tried doing research but I can't understand this. Is there one I should choose and are all compatible with receiving from the robinhood exchange?

Thanks for the help. As someone else stated I will be sending tiny test amounts first until I feel comfortable with the transfer

I'm not an expert by any means… I use native segwit to move BTC to and from Coinbase. Assume Robinhood would be the same, but wait for somebody more familiar to comment.

Definitely move a few bucks in and out of the wallet and get comfortable. Erase the ledger and set it back up with your seed phrase to make sure everything is still working for you. Definitely worth the $5-10 in fees to gain confidence.

AggieT said:

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I'm not an expert by any means… I use native segwit to move BTC to and from Coinbase. Assume Robinhood would be the same, but wait for somebody more familiar to comment.

Definitely move a few bucks in and out of the wallet and get comfortable. Erase the ledger and set it back up with your seed phrase to make sure everything is still working for you. Definitely worth the $5-10 in fees to gain confidence.

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yeah it looks like robinhood can use legacy, segwit and native sewit addresses per their website. Does anyone know which has the least fees?

Don't over think it and use native segwit. Addresses usually start with "bc1…"

ALT season is around the corner. What are y'all's alt picks for 2025? Mine are Nosana and JUP.

Link, uni, aave, Ampl

Done7 said:

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ALT season is around the corner. What are y'all's alt picks for 2025? Mine are Nosana and JUP.

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If ALT season is really around the corner with BTC exploding up, literally everything will rocket. The part you need to worry about is not what you are buying, but if you are selling before it all crashes again.

Bag said:

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question, If I decided that i wanted to convert a portion of my 401k to BTC, what is the best way to get that done wrt taxes and penalties

It sounds like rolling over to an unchained IRA is the play, curious if anyone out there has used this

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woodiewood said:

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Bag said:

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question, If I decided that i wanted to convert a portion of my 401k to BTC, what is the best way to get that done wrt taxes and penalties

It sounds like rolling over to an unchained IRA is the play, curious if anyone out there has used this

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You can buy bitcion in your Fidelity IRA or 401K. I buy $250 of bitcoin every month automatically. https://www.fidelity.com/crypto/trading

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but do you own the coins ?

Bag said:

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woodiewood said:

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Bag said:

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question, If I decided that i wanted to convert a portion of my 401k to BTC, what is the best way to get that done wrt taxes and penalties

It sounds like rolling over to an unchained IRA is the play, curious if anyone out there has used this

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You can buy bitcion in your Fidelity IRA or 401K. I buy $250 of bitcoin every month automatically. https://www.fidelity.com/crypto/trading

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but do you own the coins ?

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Yes.

"Do you own your crypto on Fidelity?


As a trusted custodian, Fidelity Digital Assets manages the private keys for accessing any crypto you purchase, using the same institutional-level security it's offered customers since 2018. In our managed custody model, you own your crypto assets, and we protect the private keys but do not provide them to users"

Fidelity also has a bitcoin ETF if a person wants to go that route, but I don't believe you actually own bitcoin going that route.

woodiewood said:

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Bag said:

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woodiewood said:

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Bag said:

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question, If I decided that i wanted to convert a portion of my 401k to BTC, what is the best way to get that done wrt taxes and penalties

It sounds like rolling over to an unchained IRA is the play, curious if anyone out there has used this

---

You can buy bitcion in your Fidelity IRA or 401K. I buy $250 of bitcoin every month automatically. https://www.fidelity.com/crypto/trading

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but do you own the coins ?

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Yes.

"Do you own your crypto on Fidelity?


As a trusted custodian, Fidelity Digital Assets manages the private keys for accessing any crypto you purchase, using the same institutional-level security it's offered customers since 2018. In our managed custody model, you own your crypto assets, and we protect the private keys but do not provide them to users"

Fidelity also has a bitcoin ETF if a person wants to go that route, but I don't believe you actually own bitcoin going that route.

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not your keys, not your...

it all seriousness, it is personal preference, I am only willing to own BTC that I manage the keys for

Any of you guys use ledger as your storage? Is there something better out there? More user-friendly, perhaps?

have used Trezor Safe 3 and Ledger Nano X, way happier with the Ledger. I have heard great things about the COLDCARD MK4 tho.

I did pick this up, arrives tomorrow, super excited.

https://www.seedor.io/en-int

What are you stamping on the washers?

That seems like a dumb question but I'm oblivious to this.

Somewhat true… but not all will pump at the same rate.

Bag said:

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woodiewood said:

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Bag said:

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woodiewood said:

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Bag said:

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question, If I decided that i wanted to convert a portion of my 401k to BTC, what is the best way to get that done wrt taxes and penalties

It sounds like rolling over to an unchained IRA is the play, curious if anyone out there has used this

---

You can buy bitcion in your Fidelity IRA or 401K. I buy $250 of bitcoin every month automatically. https://www.fidelity.com/crypto/trading

---

but do you own the coins ?

---

Yes.

"Do you own your crypto on Fidelity?


As a trusted custodian, Fidelity Digital Assets manages the private keys for accessing any crypto you purchase, using the same institutional-level security it's offered customers since 2018. In our managed custody model, you own your crypto assets, and we protect the private keys but do not provide them to users"

Fidelity also has a bitcoin ETF if a person wants to go that route, but I don't believe you actually own bitcoin going that route.

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not your keys, not your...

it all seriousness, it is personal preference, I am only willing to own BTC that I manage the keys for

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You can get your keys. You just have to have it transferred fo Coinbase and then get your keys. It is cumbersome. According to Fidelity, in early 2025 they will have it where you can directly get your keys.

Thisguy1 said:

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What are you stamping on the washers?

That seems like a dumb question but I'm oblivious to this.

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the seed words to your coins. most people write them down on paper, which is fine, but this little kit is fire and flood proof

That's a pretty cool kit. I'm going to look into that… I have another metal product now but am intrigued by Seedor.

I'd get the coldcard Q if you go that route. The keyboard is so nice to have.

What a bounce.

Anyone in the kek max thing?

Yukon Cornelius said:

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Anyone in the kek max thing?

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tell me more

Elon changed his X name and profile pic to it for a day or so. Pumped hard. Dumping hard etc.

Is coinbase plus external cold storage the best way to get started with crypto? I'm new to this and wasn't sure where to start. Thanks in advance. Also, can I do everything from an iPhone?

Lightning Dexter said:

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Is coinbase plus external cold storage the best way to get started with crypto? I'm new to this and wasn't sure where to start. Thanks in advance. Also, can I do everything from an iPhone?

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If just starting, yes that is probably a good start.

Keep as many coins offline, and only use Coinbase as an on/off ramp and to trade. Another route is Uphold. I use Uphold as on/off ramp, but not for trading as their fees and spread are too high.

If you get deep enough into crypto and look at alt coins, there is a whole other world to learn.

will25u said:

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Lightning Dexter said:

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Is coinbase plus external cold storage the best way to get started with crypto? I'm new to this and wasn't sure where to start. Thanks in advance. Also, can I do everything from an iPhone?

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If just starting, yes that is probably a good start.

Keep as many coins offline, and only use Coinbase as an on/off ramp and to trade. Another route is Uphold. I use Uphold as on/off ramp, but not for trading as their fees and spread are too high.

If you get deep enough into crypto and look at alt coins, there is a whole other world to learn.

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River.com is also a good place to purchase BTC and then move to cold storage.

The other thing that river recently introduced was early interest on cash held in river, payable in BTC

will25u said:

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Lightning Dexter said:

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Is coinbase plus external cold storage the best way to get started with crypto? I'm new to this and wasn't sure where to start. Thanks in advance. Also, can I do everything from an iPhone?

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New to buying Crypto and not real computer savvy. Any tips or videos you suggest an old ag watch to learn how to secure crypto. As of noow just using coinbase account. Thanks for any advice.
If just starting, yes that is probably a good start.

Keep as many coins offline, and only use Coinbase as an on/off ramp and to trade. Another route is Uphold. I use Uphold as on/off ramp, but not for trading as their fees and spread are too high.

If you get deep enough into crypto and look at alt coins, there is a whole other world to learn.

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Lightning Dexter said:

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Is coinbase plus external cold storage the best way to get started with crypto? I'm new to this and wasn't sure where to start. Thanks in advance. Also, can I do everything from an iPhone?

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You can buy on Coinbase and just keep hold on there. I've been doing it for a long time with no issues at all. You can also stake some coins on their platform. Super easy.

Just make sure you are toggling coinbase advanced to avoid high fees.