I hold over 6 figures of crypto and have been in the space since 2017

[Anonymous No.55204780]

I still barely understand what a block chain is. I’ve watched YouTube videos but I forget the tech details the next day. Is it basically just a distributed database not centralized on cloud servers?

[Anonymous No.55204809]

>the type of person who watches youtube videos in order to learn something, instead of reading
Just read the bitcoin whitepaper, unironically.

[Anonymous No.55204826]

>>55204809
It's boring as fuck

Just buy and hold, there is no need to read a fucking whitepaper

[Anonymous No.55204844]

>>55204780
Based retard

[Anonymous No.55204855]

>>55204809
>read
You mean chatgpt the FUCK out of it
Reading is for jeets

[Anonymous No.55204874]

>>55204780
Your adhd is really bad if your working memory is that shit from not remembering anything lurking around the space for 6 years

[Anonymous No.55204912]

>>55204780
You don't actually need to know any of that. People use fiat and barely anyone knows how modern monetary system works.

[Anonymous No.55204929]

>>55204780
Why do you want to know?

[Anonymous No.55204935]

>>55204826
>don't do any research on your investments, just le hold!
Never change biz. Ever since you got captured by scam coins shills you have been an unending source of schadenfreude.

[Anonymous No.55204944]

>>55204809
>read

[Anonymous No.55204965]

>>55204780
>I hold over 6 figures of crypto

So 7 figures?

[Anonymous No.55205012]

>>55204929
Am I somewhat correct that blockchains are basically just distributed networks/database type of things that are decentralized opposed to centralized services by someone like aws spread all over the world via computers and they encrypt shit which miners get paid in coins for solving the encryption algorithm type of thing? Smart contracts are basically just “if X happens by this party then Y will be executed.” And basically just verifies that?
>>55204965
Maybe I should have said mid to low 6 figs.

[Anonymous No.55205044]

>>55204826
>>55204855
>>55204944
absolute state

[Anonymous No.55205056]

>there are people that understand and think about thinks
Lmao. If you don't operate entirely based on your emotions and your gut instinct you'll never make it

[Anonymous No.55205061]

>>55204780
unironically I'm the same. I watch a bunch of videos on youtube, 61% understand what's going on, and then forget everything the next day. I'm actually not completely retarded either. Other than the six figs part, Op is me and probably the majority of people in Crypto

[Anonymous No.55205103]

>>55205012
>blockchains are basically just distributed networks/database type of things that are decentralized opposed to centralized services by someone like aws spread all over the world via computers and they encrypt shit which miners get paid in coins for solving the encryption algorithm type of thing?
Yes, but the irony is that most of these networks literally life on AWS as they don't have a large enough community of people that are actually interested in decentralization. Most projects have two groups: The insider and VC group that runs the tech in the cloud and has massive amounts of coins and XX-cloud instances and then there is the low involvement nigger cattle group that just buys a few of these coins on exchanges here and there.

[Anonymous No.55205289]

>>55205103
Sounds like it’s really not that ground breaking of tech then. But hey I like it from the perspective it makes Jews reee and is at least somewhat of an alternative to the current Jewish banking system.

[Anonymous No.55205363]

>>55205289
Same with the printing press. Shit losers, where's my jet boots and hoverboard?

[Anonymous No.55205611]

>>55204809
>read the bitcoin whitepaper
ELI5?

[Anonymous No.55205689]

>>55204935
People smarter than me have read it, loved it and invested so there’s my DD

[Anonymous No.55206137]

>>55205689
Based

[Anonymous No.55206192]

>>55204780
Just think of an excel spreadsheet that we can all use.

[Anonymous No.55206209]

>>55204809
I hate boomers so much it's unreal.

[Anonymous No.55207486]

>>55204809
I got no attention span to read anything longer than 3 sentences anymore

[Anonymous No.55208110]

>>55204780
All you need to know about blockchains is that Avalanche virtually makes every other platform vaporware.
Also picrel.

[Anonymous No.55208118]

>>55207486
No need to

[Anonymous No.55208145]

>>55204780
>doesn't understand block chain

you're obviously a brainlet trailer trash wigger. go back to sucking bbc

[Anonymous No.55208654]

>>55204780
You just have to learn how to generate passive income with the right crypto

[Anonymous No.55208701]

>>55204780
I have almost 7 figures in crypto and run Ethereum validators at home but I still barely understand what a blockchain is. wagmi

[Anonymous No.55208939]

I've been bobbing up and down 1 mil for the past few months, also been here since 2017.
I have a vague idea what everything does. My investment thesis is I buy and hold whatever makes people seethe the loudest that isn't an outright scam.
If the pope, Gary gensler, china, Warren, and my mom all call me to fud x, I'm getting a big bag of x.

[Anonymous No.55208996]

>I have money and yet I don't know how trees are created

Lmao who cares nigga

[Anonymous No.55209739]

>>55204809
Top G says reading is for geeks

[Anonymous No.55209845]

>>55208701
I hope you have self custody to preserve your fortune from flying?
Your privacy is paramount

[Anonymous No.55209900]

>>55204809
Reading books are for boring people let’s be honest

[Anonymous No.55209945]

>>55209845
Of course. Everything is either on-chain or in my Ledger wallet.

[Anonymous No.55209989]

>>55205044
Midwit

[Anonymous No.55210025]

>Bear market
Line dips to slightly below the last dip?
Buy it
Line goes slightly lower than the last rise?
Sell it

>Bull Market
Buy and hope you see it coming.
I like Bear more.
Less pic related, outside of BTC today because some dipshit shorted

[Anonymous No.55210334]

>>55209945
Good to know, and I hope you're using a good self custody wallet, not the likes of Atomic and co.

[Anonymous No.55210354]

>>55204826
>It's boring as fuck
Asshole
>there is no need to read a fucking whitepaper
It's important as fuck, this will help you understand everything about the project.
incase you're too retarded to grasp that, you can check a few Al research platforms that gives trading tips which can help you reduce your risk with improved efficiency

[Anonymous No.55210428]

>>55210334
I just said I use a Ledger hardware wallet. Are you a bot?

[Anonymous No.55210566]

>>55210428
He must be a jeet
Don't you think that private wallets are better, due to their privacy features?
The likes of Firo, Railway and other private wallets

[Anonymous No.55210739]

>>55204780
you are straight up retarded then

[Anonymous No.55210785]

>>55204780
yes, it's just distributed ledger space, with permissions set to...
everyone = view
you = write (some portion of the ledger)

[Anonymous No.55210797]

>>55204780
Man... Unless you have severe attention deficit, I don't see why it would hurt you so much to read. I mean, if you're actually willing to be serious about your investment. I don't understand how you put so much money into something you don't really know.

[Anonymous No.55211808]

>>55210797
Yeah, most people think that bc someone buys it, they should buy it too, they prefer to do that shit instead of doing a research lmao