bitcoinpoorguy on Nostr: I didn’t sleep well these past few nights So sad about the incident. It really ...
I didn’t sleep well these past few nights
So sad about the incident. It really hurts because those doing the right thing got punished....
Been thinking…. if my life savings disappeared overnight I honestly don’t know how I’d face it. I’ve gone all in in every possible ways, financially for sure but also with my human time and energy.
And I realized I don’t have a backup or emergency plan when I only have the MK4! what a RETARDED!
After some research I think my new setup (100 dice rolls plus PP) although doing in a rush, is good enough for the time being unless they find new bugs/ exploits in the MK4.
Many asked me to send to exchange/ friend’s wallets/ hot wallets. I may do a little of diversification in the next few days but I’m not very sure. I feel it would add different kinds of risk models. Let's see.
I could be wrong. If anything I wish Bitcoin continues to win but I may quit this space.
No mercy in this space, and Bitcoin doesn’t care .
What I mainly learned from this is in the future I will try to challenge every assumption, review setup from time to time, prepare emergency plans etc
That said, if I actually survived this I will invest more time in learning the real stuff, do more deep dives instead of watching less regurgitating podcasts. I really need to level up ASAP...probably move to multisig but I don’t want to rush it as I’m afraid of overcomplicating things
The Foundation (nprofile…85t8) Passport also sounds cool but it’s too expensive for someone whose purchasing power is only getting worse after into this bitcoin thing.
My plan is to start with a SeedSigner (nprofile…w6hy) I’ll order the parts and hopefully get it done in 2-3 weeks then I’ll spend time getting familiar with it before moving larger funds, I need to know more about the mechanism, trade off and even as simple as how to manage the sets of extra seed words..
These days have been a lot of thinking/ learning and I know I’ll learn even more once I start building the DIY, probably by watching 10 more seedsigner tutorials on YouTube
Big thanks to the nostr fam especially Hodl Harry (nprofile…0gw4) nprofile1qy8hwumn8ghj7efwdehhxtnvdakqz9thwden5te0v4jx2m3wdehhxarj9ekxzmnyqqswpxl25q0nj369zmmsjr2fpl00vtz862y8qzmfru2u643qqusfvks5w0s4h (nprofile…0s4h) Parasites_6102 (nprofile…w7rf) telluride (nprofile…kpdn) BenGWeeks (nprofile…7p7z) TheGuySwann (nprofile…vvhl) and everyone else for the valuable discussions, info and advice! 💜
Bitcoin will survive this and it is our only hope against modern slavery!
Cheers

