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ChicagoFats said:
The big difference between Hedera and other Cryptos that I can tell is that Hedera is a hybrid model of centralization and decentralization.

Hedera is not fully decentralized and thats a big attraction of cyptos.

If im wrong someone correct me.
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I've Posted ITT Why You Are Wrong

Let Me Find It and I'll Post It.

Question is Bitcoin Centralized or Decentralized and Why?
 
MSU_Spartans said:
If it hit's half that at that time, I'm buying you a couple.
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Ah - The Ole "4 Hands Massage"

Love It

My Style Below

FG6g5FlWQAUe8Y0
 
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TTUcamper said:
Can someone break this down in English?
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DLT = Distributed Ledger Technology

It is Next Gen and Better Than Block-Chain

Hedera the HBAR mentioned above Has the Best DLT on the Planet
QNT or Quant Had the Technology to Connect The Financial Systems We Have in Place Today With the Defi or Decentralized Finance of Block-Chain

Basically These Two Companies Are THE Two Building Blocks of Web 3.0 - You Cannot Run It Without Them
 
MortgageHorn said:
DLT = Distributed Ledger Technology

It is Next Gen and Better Than Block-Chain

Hedera the HBAR mentioned above Has the Best DLT on the Planet
QNT or Quant Had the Technology to Connect The Financial Systems We Have in Place Today With the Defi or Decentralized Finance of Block-Chain

Basically These Two Companies Are THE Two Building Blocks of Web 3.0 - You Cannot Run It Without Them
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What's your exit strategy in terms of moving money/crypto?

If you have crypto on a wallet that you cannot sell from, do you move it all to the exchange or just what you want to sell?

Most exchanges have USD withdrawal limits. For example, if you sell and end up with $100,000 in your account but are only allowed to move $5,000/day or week, how do you circumvent that? I know you can wire money but 1) I've never done that and 2) if you mess it up there's little recourse to recover your funds (or so I've heard).

I know we are no where near this but I'm trying to be prepared so when it does happen I'm not left scrambling.
 
MSU_Spartans said:
What's your exit strategy in terms of moving money/crypto?

If you have crypto on a wallet that you cannot sell from, do you move it all to the exchange or just what you want to sell?

Most exchanges have USD withdrawal limits. For example, if you sell and end up with $100,000 in your account but are only allowed to move $5,000/day or week, how do you circumvent that? I know you can wire money but 1) I've never done that and 2) if you mess it up there's little recourse to recover your funds (or so I've heard).

I know we are no where near this but I'm trying to be prepared so when it does happen I'm not left scrambling.
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Exactly. We mentioned this a while back, but I don't think we ever really got a good plan of attack.
 
MSU_Spartans said:
What's your exit strategy in terms of moving money/crypto?

If you have crypto on a wallet that you cannot sell from, do you move it all to the exchange or just what you want to sell?

Most exchanges have USD withdrawal limits. For example, if you sell and end up with $100,000 in your account but are only allowed to move $5,000/day or week, how do you circumvent that? I know you can wire money but 1) I've never done that and 2) if you mess it up there's little recourse to recover your funds (or so I've heard).

I know we are no where near this but I'm trying to be prepared so when it does happen I'm not left scrambling.
Click to expand...

Im interested in all these answers also.

Wiring funds is pretty easy. Just have to fill out a form and pay a small fee.
 
MSU_Spartans said:
What's your exit strategy in terms of moving money/crypto?

If you have crypto on a wallet that you cannot sell from, do you move it all to the exchange or just what you want to sell?

Most exchanges have USD withdrawal limits. For example, if you sell and end up with $100,000 in your account but are only allowed to move $5,000/day or week, how do you circumvent that? I know you can wire money but 1) I've never done that and 2) if you mess it up there's little recourse to recover your funds (or so I've heard).

I know we are no where near this but I'm trying to be prepared so when it does happen I'm not left scrambling.
Click to expand...
What I have done is bought in Coinbase and move from there to Exodus wallet. And then when I am ready to sell I move from Exodus back to Coinbase and sell. But I've never withdrawn more than 5 figures at once.

There are probably cheaper ways to do it, but thats been the most effective for me.

If you move shit all over the place it is going to be an extreme pain in the ass come tax time.
 
MSU_Spartans said:
What's your exit strategy in terms of moving money/crypto?

If you have crypto on a wallet that you cannot sell from, do you move it all to the exchange or just what you want to sell?

Most exchanges have USD withdrawal limits. For example, if you sell and end up with $100,000 in your account but are only allowed to move $5,000/day or week, how do you circumvent that? I know you can wire money but 1) I've never done that and 2) if you mess it up there's little recourse to recover your funds (or so I've heard).

I know we are no where near this but I'm trying to be prepared so when it does happen I'm not left scrambling.
Click to expand...


from my understanding, if you had 100k and wanted to withdraw it youd have to do a little at a time

the banks will have to report any transactions over 10k/day to the man

there are also forums where you could sell coins to people if you wanted a bigger lump to sell

and if there are people you trust (i have a group of about 10 in our crypto family) you could always sell to them
 
I'm 100% out of crypto right now. Mainly just because I don't have the extra funds to be doing anything "non traditional". Real estate and the market right now, but I always pay attention to Crypto.

My gut tells me to stay out of altcoins right now. If I was holding some alts I would want to be holding 75-80% in BTC. Maybe some of that in ETH. Altcoins have been wrecked in the past when things get volatile like they are now
 
Croot_Overlord said:
What I have done is bought in Coinbase and move from there to Exodus wallet. And then when I am ready to sell I move from Exodus back to Coinbase and sell. But I've never withdrawn more than 5 figures at once.

There are probably cheaper ways to do it, but thats been the most effective for me.

If you move shit all over the place it is going to be an extreme pain in the ass come tax time.
Click to expand...

nm, someone else already pointed it out.
 
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