As someone new to BTC and just starting to buy, how great is this timing?!?! I mean I was buying at whatever price but if it’s on sale I’ll take more 😇 Merry Christmas

When you deposit money into a bank it's legally now the banks money - not yours. So don't get mad at them for setting transfer/withdraw limits. It's their money. They can do whatever the fk they want with it. They have the right to protect it and make it hard for you to get. It's theirs. Not yours. Depositing cash into a bank = giving your money away and HOPING they give it back. I only keep $ in the bank I'm willing to lose. Same with crypto on an exchange. It's not yours. It's the exchanges. Not your keys, not your coins. Read this if you haven't already to learn more about why exchanges are HIGH RISK. This is why I self custody my BTC in cold storage using a ColdCard Q. BTC is unconfiscatable, permissionless, censorship-resistant money when kept on cold storage. Don't be dumb. Self custody today.

Precious Bitcoin is on sale and I'm buying! 👀 My precious... 😈

Welcome, @Shane Moore! Btw, I decline 99% of applicants to this community because they can't answer the first 2 questions properly.

One of the biggest reasons I'm ALL IN on bitcoin is because I've already been here before. I know what happens next. Spoiler: number goes up, forever. How do I know? How can I be SO CERTAIN? Why am I willing to put 99% of my net worth into it? Well... When I was a teenager, I experienced first hand what happens when a scarce, finite asset enters an economy. Not in real life, but online. In an MMORPG called RuneScape. With an in game item called Party Hats. I got my first party hat for a few hundred thousand gold coins... It soon balooned to hundreds of millions gold coins... But why? Same reason bitcoin will do the same. When infinite money chases a finite asset, the finite asset goes up in value, and the money goes down. To see what happens (step by step) to the price of something scarce in an economy where the money doesn't stop getting printed, here's a great video worth watching every minute of - except for the stupidly long ad at 2:22 😆 https://youtu.be/3fZ0edmZmn8?si=Gy4P87xxlObMEX4U Fascinating stuff. Really puts things into perspective...