I don't love that when buying with crypto the exchange rates, fees, etc. all add a decent amount more to the price than what you see.
Spent a few thousand on AAS orders to stockpile since raws seem to be in short supply, particularly for primo, and all that added maybe 10% to the 'in the cart' cost.
Nah... 10 percent increase just for using crypto as opposed to legacy networks is a bad estimation. It isn't 10 percent and if it is, you're doing it wrong.
There are fees. I'm not saying there aren't fees. But the fees are competitive with other network fees as well.
I don't really pay attention to them, but I think to send Solana to PGB cost me 8 cents. My cost basis for Solana was 40 bucks a coin.
Spend and replace is one thing, but even most formerly staunchly opposed wealth managers are saying that you should have some portion of your wealth in crypto. For me, that's only Bitcoin. My other bags are not part of that mental math for me.
It gets a bit fucky with who takes which currency on what network, I agree. I don’t need to make crypto another hobby along with my pep obsession, and quite honestly don’t have the memory to remember all this shit
Not really. I mean Tether is issued on several networks. But usually if you keep native Bitcoin, Ethereum, and Solana, you can make something work without having to convert to Tether or USDC.
Trading fees can sometimes be reduced if you post them as limit orders. Depending on your exchange... you just have to wait for the market to come to you. It always does.
I didn't want to hijack this conversation about why or why not crypto. I just think that people who oppose crypto for various reasons usually have hidden objections like "I don't want to learn new tricks". But they'll say things like "I can't remember all this crypto shit". Which really isn't the reason. It's quite simple. You deposit fiat on exchange. You "trade" it for a coin, hopefully Bitcoin and not a shitcoin... You hold it as long as you can... aka HODL.
There's Bitcoin. And then there's everything else.... Bitcoin was not premined and was distributed fairly. Most every other coin on exchange with a few exceptions were premined, meaning people or entities were "airdropped" large allocations of the coin before it ever was available to be mined. There will only ever be 21 million Bitcoins. It will never be diluted on you devaluing your holdings.
Price will fluctuate... It can be hard to hold. But to date, everyone who's bought and held up to now has enjoyed its appreciation.
You're not late.