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The original was posted on /r/cryptocurrency by /u/Tikkos on 2023-12-20 01:07:03+00:00.

Hello guys, im interested in starting to invest some of my money in crypto, i have been studying about defi and i've decided i want to hold crypto as a long term investment.

I am trying to decide if i just want to buy crypto and hold it, or put it to work on sone Daaps, my plan was spliting my money in a 60% 40% ratio, using the 60% to buy stable coins and lending them for a yield and the other 40% to buy btc and eth for long term holding.

Then i learned about makerdao and the liquity protocol, and how i could use my eth to get a loan and then use either Dai or Lusd on a lending protocol to get a yiel on that while also holding eth.

I wante to ask you guys about the risks of MakerDao and liquity, and the risks of lending money in protocols such as aave, compound or just lend. Also if you guys have a better defi strategy you would like to share, I would higly apreciate you sharing it.

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The original was posted on /r/cryptocurrency by /u/alander4 on 2023-12-20 00:11:55+00:00.

Crypto Friendly bank or credit union:

Any recommendations on a crypto friendly bank or credit union in the US? Strictly for the purposes of moving money from my bank to an exchange (Coinbase, CDC, Binance.US) and vice versa.

My local credit union used to be great but all of the sudden everything crypto related started getting rejected on their end and I haven’t been able to do much since then.

Thanks in advance for any recommendations I can look into. It doesn’t pay to do business with banks or credit unions that won’t allow me to do what I want to with my own money, know what I mean?

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The original was posted on /r/cryptocurrency by /u/Stright_16 on 2023-12-19 23:49:29+00:00.

Hey everyone.

I'm in Canada and have been slowly DCA'ing into 3 different Cryptocurrencies (Bitcoin, Ether, and Solana) for a little bit, and my portfolio is still pretty small, ~ $700. I first was buying on Wealthsimple, and then moved over to Coinbase as the advanced trading only costs me 0.6%, which is very tiny. At the moment, I'm okay with keeping my crypto on Coinbase, as it's small enough to where if I lose it all, it won't affect my life. It's a small percentage of my total savings/investing portfolio.

I know the importance of self custody, and I've been looking into wallets, mainly the ledger. I also have been checking on Coinbase Wallet, which I guess is just like the ledger, but a phone app. What surprised me are these outrageous fees. Staking 68 cents CAD of ETH would cost me $34.11 in fees. Transferring just $10 of Bitcoin from Coinbase to Coinbase Wallet would cost me $48.23 in a network fee. Has it always been like this? On the exchange, I pay like .6% when I buy, and I don't pay any fees when I start staking it (although I'm sure Coinbase takes a cut of whatever reward I receive, which is okay). Are these fees just something to do with Coinbase wallet? Are they different on a ledger, or is this just how it is? I'm assuming that if I wanted to sell it too, I'd have to pay that fee as well.

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The original was posted on /r/cryptocurrency by /u/Bigelito on 2023-12-19 23:26:29+00:00.

"This Time Is Different" was a common theme near the end of the last run in May 2021, (November 2021 notwithstanding). It wasn't Different. Cycles, by definition, never are.

What IS different is your reaction to the cycle. My journey started in Jan 2021 (pre-fomo, fomo). By February, a lot of us thought, "why didn't I learn about this in October 2020??". Regardless, there were lots of learnings, tied to LOTS of terms: 'Don't catch falling knives', 'Pump and dump', 'Wyckoff', 'hodl', etc. The one that really stuck (for me), is 'Time in the market, beats timing the market'.

I started accumulating small bags throughput the bear market 'Be greedy when others are fearful" and feel well exposed thing into the next bull run.

What I'll do differently this run is not chasing FOMO and sticking to my plan. What do you plan to do differently when the next bull run heats up?

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The original was posted on /r/cryptocurrency by /u/Rowelt85 on 2023-12-19 23:01:56+00:00.

Hello,

I have been reading a little bit about PAXG, a token backed (theorically) by physical gold owned by Paxos, and stored in LBMA vaults in London.

It is supposed to mix the interesting characteristics, from an investment point of view, of gold and blockchain (earn interests). I have never read, on the other hand, bad opinions regarding Paxos financial products.

Any opinion? Thoughts? Where is the trick, if any? For me, looks like an interesting way to acquire small amounts of "gold".

I received an email from NEXO recently and I wanted to read your feedback.

Thanks

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The original was posted on /r/cryptocurrency by /u/dontsmellboring on 2023-12-19 22:05:18+00:00.

So, here's the quick facts.

A few years ago, I bought ETH on coinbase and moved them to a metamask address. From the metamask address, I moved them to another wallet/address. Hackers stole most of the ETH from this wallet/address. Time passed. Etc.

The problem is: I have no idea where this (hacked) address points to. It's one I control but I don't know what site or account it is. (And a lot of the exchanges from that time have since closed down.)

If you are wondering "bro, why has it taken years to track this down?" good question. Thing is, this last wallet was hacked and someone stole almost all the ETH from it. It was disheartening and I had a lot of life shit happen in the interim.

I am just trying to find a way to access the last crumbs of ETH the hackers left for me. Does anyone have any idea how I can figure out where this address goes so I can access the last bits of un-stolen ETH? Thank you!

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The original was posted on /r/cryptocurrency by /u/Ok-Librarian4752 on 2023-12-19 21:20:45+00:00.

I’m interested in finding out more about AI trading bots. Looking at some of the gains from them seem too good to be true. Some are in the 10,000%+ in a 14 day period with backtesting.

So I am interested in hearing about your ideas, experiences, thoughts and opinions about them. Have any redditors gone all in on these types of bots what gains/losses have you realised?

I’ve been in crypto since 2017 and typically DCA and HODL and have a pretty long-term outlook on crypto investments.

I have a Bybit account and started with $20usdt in a HBAR trading bot under Futures Martingale so I’m wondering how soon I can buy a Lambo.

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The original was posted on /r/cryptocurrency by /u/goodlookingrpiller on 2023-12-19 20:54:55+00:00.

This last few months I started buying NFT as I learned how they worked. And I had 2-3 eth invested.

Yesterday I wanted to mint a new nft. But I connected my wallet to a phishing website almost identical to the good one. Because it was the most liked post under an official Twitter post and I thought it was the official Twitter account. Big mistake I made because I was in a hurry.

He stole my NFT and my Eth that I had in the wallet.

This is the wallet that has the NFT: 0xcb116bb51f451f5d12cc24b726f439d04d67a054.

This is the phishing wallet: 0x00006Bbe73C2C7878dc9dc19E0D947E4c4270000.

Is there anything I can do?

Any help will be much appreciated.

I am not responding to DM. I am not getting scammed twice. Any help reply to this post

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The original was posted on /r/cryptocurrency by /u/aodmisery on 2023-12-19 19:16:11+00:00.

So I been collecting cardano for a couple years now. Since the last bull run even through the crypto winter. So I have bought in at all different prices. I'm currently holding it all in a wallet. My average price is .88 cents so at that price I can cash out even Stevens. If I transfer my coins to coinbase and sell them at 1 dollar. How does the government know I made the difference between the .88 and 1 dollar? Do they just go by what price cardano was when I transferred them into coinbase versus what I sold them at?

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The original was posted on /r/cryptocurrency by /u/superweep on 2023-12-19 18:15:18+00:00.

I was doing some research on previous Bitcoin events that were considered to be major. One of them was the introduction of Futures trading in mid december 2017. The paper has some interesting finds that are of course not directly correlated to the ETF event we see right in front of us, but the debate shows similarities. You can find the paper below this post, but I have picked some interesting stuff from it myself:

Two key findings summed up about the introduction of Futurews trading:

1. exerted a downward impact on the USD Spot market returns
2. exerted an upward impact volatility, kurtosis and liquidity, which became higher after futures were introduced

Some interesting take that show similarities in the debate taking place right now, that are written down in the paper too:

" One the key developments of Bitcoin was the introduction of futures trading which was seen as a sign that the financial system was beginning to accept Bitcoin as a tradeable speculative asset. The introduction was also important for Bitcoin traders as for the first time, they were able to easily hedge their spot positions "

Some takes from pro/op-ponents of Futures introduction who also published research papers:

1. The launch of Bitcoin futures caused the crash of Bitcoin in 2018.
2. Bitcoin futures trading had a negative effect on Bitcoin prices only in the first 19 minutes.
3. The post-launch drop in Bitcoin prices is consistent with investor behaviour in traditional asset markets when futures are introduced for the first time.
4. positive effects on the overall Bitcoin market, such as an increase in Bitcoin market efficiency.
5. Etc.

The key findings of this paper are, via a simulation, the following regarding Futures introduction:

"If bitcoin futures had never been introduced, the USD bitcoin spot market return would be higher, volatility and kurtosis lower, skewness higher and finally, market liquidity lower."

Some interesting conclusions that I also see happening with the introduction of ETFs:

" Even when the only positive outcome associated with the introduction of Bitcoin futures is the rise in liquidity in the spot market, the effect is too small to make any real difference in terms of stabilizing the market."

" Specifically, for a few days following the introduction of the futures, an increase in spot market volatility is observed. The phenomenon reaches its peak after one week of the introduction of futures, after which it begins to fall."

All of this is interesting reading material that I have not done justice at all. I picked some parts out that I thought were interesting, but could lead to an interesting debate. Find the paper here!

And tell me how you feel!

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The original was posted on /r/cryptocurrency by /u/randomdudeinFL on 2023-12-19 18:03:09+00:00.

Looking for some advice from MetaMask wallet users.

Checked my Metamask wallet today, and all of my crypto is present in the wallet, but the value of my positions isn’t showing. Value of each coin/token is $0 and obviously total value is also $0. None of the quantities have changed, just value.

I’ve never had an issue with MetaMask in the past, and have not changed a position of any of my crypto in there for 2 years, so this isn’t a situation that’s been triggered by any new transactions

Anyone else have this issue or know what the cause of it is? Any assistance/guidance is deeply appreciated.

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The original was posted on /r/cryptocurrency by /u/CryptoDaily- on 2023-12-20 00:00:42+00:00.

Welcome to the Daily Crypto Discussion thread. Please read the disclaimer and rules before participating.

Disclaimer:

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:

• Beginner Resources
• Intro to r/Cryptocurrency MOONs 🌔
• MOONs Wiki Page
• r/CryptoCurrency Discord
• r/CryptoCurrencyMemes
• Prior Daily Discussions - (Link fixed.)
• r/CryptoCurrencyMeta - Join in on all meta discussions regarding r/CryptoCurrency whether it be moon distributions or governance.

Finding Other Discussion Threads

Follow a mod account below to be notified in your home feed when the latest r/CC discussion thread of your interest is posted.

• u/CryptoDaily- — Posts the Daily Crypto Discussion threads.
• u/CryptoSkeptics — Posts the Monthly Skeptics Discussion threads.
• u/CryptoOptimists- — Posts the Monthly Optimists Discussion threads.
• u/CryptoNewsUpdates — Posts the Monthly News Summary threads.

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The original was posted on /r/cryptocurrency by /u/FlyingJoeBiden on 2023-12-19 20:47:29+00:00.

I tried to swap some BNB with some AVAX today from the Trust wallet app, and all I can see is an outgoing transaction on the Trust wallet app now:

What happened? I don't understand.

Any help would be greatly appreciated!!

( Adding characters to pass the reddit limit: I tried to swap some BNB with some AVAX today from the Trust wallet app, and all I can see is an outgoing transaction on the Trust wallet app now: . )

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The original was posted on /r/cryptocurrency by /u/lookingfor400dollars on 2023-12-19 19:13:58+00:00.

On june 1st i swapped 186.1 ethereum into 179.4cbeth and started staking it, trough coinbase wallet app.

When i unstaked cbETH after roughly 200days of staking, i was shown the ending amount to be 189.2 Ethereum. This was on the coinbase wallet app while pressing unstake button. And the current CbETH/ETH price during 16th December agreed with that amount, which was also directly from coinbase own data.

Even tho all of this i only received 183.5 ethereum on my wallet. So 2.6 of my own underlying assets went missing + 3.16eth from rewards.

179,4 x 1,055 = 189.26 ethereum

189,26 - 183.5 = 5.76 ethereum missing from the amount i received.

Also during this whole time cbETH staking APY was between 3% to 3.5% positive growth. (shown on coinbase wallet app) So there is no reason for rewards to go missing. And of course even without saying the underlying assets should be fully there. All the way until i claimed i was shown positive growth during the staking.

I will update this post on the event unfolding during this saga. So far i have only managed to talk with AI bots trough e-mails which did not help at all. So i was forced to submit complaint ticket trough coinbase since the amount missing is significant.

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The original was posted on /r/cryptocurrency by /u/CryptoMods on 2023-12-19 18:26:51+00:00.

Hey everybody, we’re excited to announce that Moon governance is back via Snapshot! Snapshot is an off chain governance platform that will allow the community to continue to use Moons as a governance token for decisions pertaining to Moons and r/CryptoCurrency. For more info check out their documentation. A few points to highlight:

• All Moon holders will be able to use their full token balances to vote
• You will need to have joined the space prior to poll creation in order to vote, otherwise you will not be included in the snapshot. To join the space connect your wallet and click the blue “join” button and sign the propagated message
• Voting is gasless as users will sign verifiable messages to vote
• Initial quorum will be 5,000,000 Moons, but is subject to change
• To avoid manipulation a snapshot of all balances is taken at the time of poll creation, so if you’d like to vote using a specific wallet your Moons will need to be in that wallet when the poll is created
• Governance proposals will still be discussed and proposed in r/CryptoCurrencyMeta before going to a formal vote

There are three discussions currently ongoing in r/CryptoCurrencyMeta that will lead to formal governance polls on snapshot, please be sure to review these before voting!

Here is the link to the governance platform, please bookmark this site and check that the URL on your screen matches the one below before going forward with connecting your wallet:

=======================================

As a reminder the mod team will never ask you for your crypto, your vault seed, your private key or any personal identifying information.

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The original was posted on /r/cryptocurrency by /u/drjacks on 2023-12-19 16:59:20+00:00.

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The original was posted on /r/cryptocurrency by /u/garybaws on 2023-12-19 16:52:51+00:00.

I am part of the beefy finance discord, and I rarely sign transactions. However, today someone posted a link on that discord, so I stumbled on this website that was a copy of the real website, it seemed so legit. I ended up signing a transaction with my metamask + ledger which basically drained my wallet. I had invested in an LP and that LP was sold by the scammer. I am not knowledgeable enough to trace this guy, so I am asking the community here if they can please help me recover my life savings.

My wallet: 0xCA17da1b55D06E410d739e132B7AFDf4e5FD3930

The scammer who drained my wallet: 0x31887446051d69b6e6c04243b42ff9948a1a6331

Apparently, some guy on discord told me that this wallet is linked to a Kraken wallet: 0xd5612dd045399350f27eef4a198ee26d15ca7ac9

Also linked to Binance at: 0x9bb973330e0d1ca179fbfb54d2b78c09ecb60db6

I have already filed a police report in Canada. I have sent kraken the report as well. Unfortunately, Binance does not offer support for scams in Quebec, Canada if I don't have an account with them but the problem is Binance does not open accounts for us so how do I reach out to them??

Please help me locate the funds and what else can I do ? I'm so devastated right now...

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The original was posted on /r/cryptocurrency by /u/Shaglock on 2023-12-19 16:42:03+00:00.

Not long after LUNA collapsed in mid-2022, ETH price was bottoming at around $900. Then the merge was announced to be scheduled in 4 months. And that was the last time we see ETH under $1K.

Despite lots of FUD about potential failed merge, the price climbed from $900 steadily up to $2,100 right before the merge, then despite the merge being successful, people started ‘selling the news’ so ETH started to plung and reached its next bottom at $1000 when FTX collapsed.

Now ETH has climbed back to its pre-merge hype price at $2100, thanks to its deflationary effect, ETF hype, and FED rate pause. So even if you were suckered into holding a bag right before the merge, you will be breaking even now. If you bought anytime before and after, just not right at the merge event, you will be already in green.

Do you think this pattern of “selling the news, then slowly recover” will be repeated with Bitcoin ETF event? Will BTC dump right after ETF approval just to slowly climb back to pre-ETF level due to halving + rate cut + slow capital injection from the institutes? Or this time will be different and BTC will just dump a bit after ETF approval then go to 100K EOY?

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The original was posted on /r/cryptocurrency by /u/kirtash93 on 2023-12-19 16:39:09+00:00.

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The original was posted on /r/cryptocurrency by /u/drjacks on 2023-12-19 16:08:44+00:00.

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The original was posted on /r/cryptocurrency by /u/Feeling-Inside5147 on 2023-12-19 14:46:50+00:00.

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The original was posted on /r/cryptocurrency by /u/Upbeat-Interaction13 on 2023-12-19 15:01:05+00:00.

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The original was posted on /r/cryptocurrency by /u/Upbeat-Interaction13 on 2023-12-19 15:01:05+00:00.

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The original was posted on /r/cryptocurrency by /u/CyberPunkMetalHead on 2023-12-19 14:58:32+00:00.

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The original was posted on /r/cryptocurrency by /u/CyberPunkMetalHead on 2023-12-19 14:58:32+00:00.