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I got this thing because I made a decent bit off flipping bitcoin before Robinhood let its mask slip and everybody jumped ship, so I rolled the profits from that into a Ledger Nano X because I figure why not reinvest those earnings and trade the right way?

I've been meaning to get crypto to get my assets out of USD so I'm insulated from the coming hyperinflation, but now that I've got one and I'm looking into how it works it seems like more trouble than it's worth. I set me Ledger up with Ledger Live, did all the seed word bullshit, then when I went to actually trade I saw how high the transaction and "handling" (excuse the fuck out of me?) fees were and if I didn't know any better I'd say this whole Bitcoin thing was a scam.

I did some looking into it and apparently Electrum is a better solution, but then I'd have to create a new wallet with new seed words, I don't even know if it'll use my Ledger for authenticating transactions, and this is turning into a shit show pretty fast. Which is why I'm here asking for advice from people who already trade crypto with a Ledger.

I got this thing because I made a decent bit off flipping bitcoin before Robinhood let its mask slip and everybody jumped ship, so I rolled the profits from that into a Ledger Nano X because I figure why not reinvest those earnings and trade the right way? I've been meaning to get crypto to get my assets out of USD so I'm insulated from the coming hyperinflation, but now that I've got one and I'm looking into how it works it seems like more trouble than it's worth. I set me Ledger up with Ledger Live, did all the seed word bullshit, then when I went to actually trade I saw how high the transaction and "handling" (excuse the fuck out of me?) fees were and if I didn't know any better I'd say this whole Bitcoin thing was a scam. I did some looking into it and apparently Electrum is a better solution, but then I'd have to create a new wallet with new seed words, I don't even know if it'll use my Ledger for authenticating transactions, and this is turning into a shit show pretty fast. Which is why I'm here asking for advice from people who already trade crypto with a Ledger.

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[–] • 0 pt

Yeah...

I diversified platforms and assets. I've been expecting the hyperinflation, but the Trump stimulus along with the crypto and precious metals seems to have compounded with the fact that everyone is smart enough to hold some cash for whatever dips happen.

With everyone waiting for a dip or a crash, it actually prevents it from happening.

I think they failed the great reset, but will likely do a twindemic or fungal pandemic to trigger everyone again.

[–] • 1 pt

You sure it's been prevented? They literally printed more money, something bad's gotta follow.

[–] • 0 pt

Yeah, they intended for the 2020 crash for the great reset.

The problem thy have is the controls Trump put into place.

Will they try again? Yes. Be ready. They're kinda fucked though, because we all know the trick, now.

Trumps controls were how the stimulus was applied. Very selectively. Before he left office, the corporate bond buyback followed by a few other key moves, forestall the Dark Winter as planned.

There will be inflation.

Will there be hyperinflation? It won't be easy.

In the event of hyperinflation, be sure to have invested in something that produces goods. I have a CNC machine, 3d printers, I grow food, I use chemical engineering knowledge to make medicines and whatnot.