{
  "trx_id": "60db890cd69b0781c3ee8aa46250c59d63c6e6ed",
  "block": 102845026,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-01-23T02:07:57",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "binochet",
      "vesting_shares": "5472.996220 VESTS"
    }
  ]
}

{
  "trx_id": "dba45c46dead2acbb2ebdecf2691c3d0898bbf2e",
  "block": 91291438,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2024-12-16T21:27:36",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "binochet",
      "vesting_shares": "5637.215417 VESTS"
    }
  ]
}

{
  "trx_id": "89deb451f2c08f5f979f83c3d2e41232766858fa",
  "block": 79845706,
  "trx_in_block": 7,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2023-11-13T13:12:54",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "binochet",
      "vesting_shares": "5806.348949 VESTS"
    }
  ]
}

{
  "trx_id": "9ceb86de338c01e8ab2016ebc12d022589db5b1b",
  "block": 78344844,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2023-09-21T19:19:54",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "binochet",
      "vesting_shares": "8743.627735 VESTS"
    }
  ]
}

{
  "trx_id": "eff9ecdf258d1ba0d50390cf336733e6d884a9f7",
  "block": 64810222,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-06-06T03:18:54",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "binochet",
      "vesting_shares": "9077.926093 VESTS"
    }
  ]
}

{
  "trx_id": "13aef159f6fdbf3f34e23577d1c2a4cb3ff4b634",
  "block": 63941780,
  "trx_in_block": 11,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-05-06T20:41:33",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "binochet",
      "vesting_shares": "27302.803310 VESTS"
    }
  ]
}

{
  "trx_id": "afea73ba5a3b0a25c18c2f72c1c59edf2b0358c5",
  "block": 62212131,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-03-07T11:37:33",
  "op": [
    "vote",
    {
      "voter": "xel4",
      "author": "binochet",
      "permlink": "expanding-on-dca-a-take-on-dynamic-dollar-cost-average",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "f5b0d11950ca942122a2811d6fe404d96d9a35c0",
  "block": 62188380,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-03-06T15:43:51",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "crypto",
      "author": "binochet",
      "permlink": "expanding-on-dca-a-take-on-dynamic-dollar-cost-average",
      "title": "Expanding on DCA - A take on Dynamic Dollar Cost Average",
      "body": "![DDCA.jpg](https://cdn.steemitimages.com/DQmYcFzgqfGPY66EJSmQh1QTnidVCMZ5xfAS9cKQ69XFe3d/DDCA.jpg)\n\n**The ₿inochet DDCA way of investing**\n\n***Disclaimer, I am not a financial advisor, I am merely a helicopter pilot. Always do your own research and be extra cautious to where you invest your money.*** \n\n**Perspective:** \nTo understand this first of all, keep in mind the audience it is mostly directed to. The average wagies that have a fixed, finite amount of cash to invest in monthly, ***but also*** bother with news, technical analysis, market scentiment, stocks/commodities, on chain analytics, log models etc. Basically someone in the same boat as I am, that has above average understanding of the crypto market and that doesn't ape in without research.\nThis doesn't necessarily apply to people loaded with cash/crypto, you guys made it already so it is a very different ball game. Not that it cant be used, it just wouldn't matter in my opinion nor would it be that impactful. This method also assumes that technical and financial analysis has some impact. If you don't believe that, this is also not for you. TA works this cycle because bitcoin (and all the shitcoins following it) is behaving less volatile with institutional adoption-that's my guess on why ta is more meaningful this cycle. \n\n*Less volatile doesn't mean not volatile, the volatility though is decreasing, that's a fact, higher market cap = higher price = less volatility.*\n\n![coaster.jpg](https://cdn.steemitimages.com/DQmTEEtqtqto7HxJfodp71BQv6YXeKUUjoa3SQZ5YoLrHXM/coaster.jpg)\n\n**Differences:**\nTraditional DCA is taking into consideration averages and the superiority therein, contrasting with timing the market and waiting for the final dip to go all in. You have 2-3x times a week that you DCA, maybe 4-5 times per week. That depends in your budget and monetary fiat allocation. Assuming TA works, or any form of financial analysis and awareness of multiple markets and factors across them is helpful, this is the logical step forward. \nIf you assume ta/fa doesn't work then we might as well be all wrong and whatever we do doesn't have an impact whatsoever unless lady luck smiles upon us. \nBut it does, and it works, otherwise you all wouldn't be here. Luck can help you so much right?(I'm not saying luck isn't a factor that should be taken into account, but its not the ONLY factor). \n\n![dca.jpg](https://cdn.steemitimages.com/DQmNwNBAkktK74TfgcbiX2JdxamncYMDb9ncnQ3NwFg4GwT/dca.jpg)\n\n**To the point -eventually:** \nIll explain first and provide an example. \nI DCA in increments in the week according to my analysis. This analysis includes multiple technical indicators like RSI, moving averages, gold price, dollar price, major stock movements, crypto news, and geopolitical/economic news across the globe and many more. You need to have the discipline. You need to put in the time. \n\nI don't count only on candle red candle green omg price oversold etc. You can see from the get go that this isn't for lazy crypto degenerates, you have to work for it as well. And the whole point I started looking into this, is the fact that I didn't like the idea of \"blindly\" putting money 3x a week into 'X' assets. Additionally, which asset that you want to DCA into has a massive impact on the method as well because I also do my due diligence in risk management. The riskier the asset, the less I will DCA into it so take this into consideration as well. \nNow that you have some information on what goes in the background before I click green button that buys magical net coins, ill give some examples. \n\nFor arguments sake, I have a monthly capital of x amount, in this example: 1000 USD, that will be my investment capital for the month. That 1000 USD is bought into stablecoins as soon as my monthly payroll comes in. (This is an example btw, for simplicity reasons I'm not giving away the amount I put because its not of importance) \nAccording to all of the above variables and research, which is an ongoing thing, I start plotting my weekly buys. 1000 USD divided by 4 is 250 USD per week. **BUT** If there is an opportunity, I will be getting a loan from the following weeks DCA money. This is mostly done in downtrends like the summer one and the more recent dump. \nThat's it? No. The term \"dynamic\" comes not only from that but from filling orders in increments. \n\n![stablecoins.jpg](https://cdn.steemitimages.com/DQmckosfJ5jSJG7xNAMRbQ23SQUqNypRYa271S3f1VFpgni/stablecoins.jpg)\n\n**Example - long one, bare with me:**\nIts a nice Monday morning and Bitcoin is at 40k and burgerland decides to sell. Now it drops down to 37. A conditional clause comes to play at this point. Have I bought in those levels previously? Yes? Then I MIGHT not DCA. This assumes that 37 will either hold or drop, it doesn't really matter. If it holds, I have orders on those levels in bitcoin. How about eth then since Bitcoin blessed us with a nice dip? Oh look, Eth at 2.3k. Repeat the question: Do I have orders in that range? And am I happy with them? Yes? Move to other asset. Rinse repeat. \n\n**IT IS A MATTER OF IF/THEN STATEMENTS AND CONSTANT ANALYSIS.THATS.IT.**\n\n![ifthen.png](https://cdn.steemitimages.com/DQmWBUWjYVJUYZvAS2wDBGhzACW6bTdwrZj8w9DUpF9vUU8/ifthen.png)\n\nContinuing the prior Bitcoin example, we are now at 37k. \nCool, what if I never bought on those levels, nor am I happy with previous buys? Amazing glad you asked. You start buying BUT you buy with increments. 10% on the first \"dip\" of the asset. You analyze and assess and decide. What if it drops more? Depending the drop I adjust my increment. So if its a massive capitulation drop, I might put more. If its just a retest I'm allocating 5-10% for example. If the asset is on a downtrend ill be more conservative because more lows could come. But you don't wait to time the dip, that's the beauty. You are still filling buy orders. \nMAYDAY MAYDAY! 37k breached two days right after and its now 35k, what do? Easy. You repeat the questions above again, all while still doing your analysis. This time you might decide that 10% isn't enough and you should put 15-20% (varies according to your analysis it goes hand in hand) ok faggot but its still Wednesday and we might drop more. Yes, but the price will never be going ONLY down and ONLY up. We assume that either a relief rally will come, a bounce, a retest, anything on that sorts AT SOME POINT(you don't have to know that point exactly it doesn't really matter because we are dealing with weekly buys broken down). And it will come, just like it came now and I'm not buying on those levels because I already filled my bags prior weeks on lower prices. And here comes \"lending from next week\" premise \" also into play. \n\n*Lets recap and carry on:*\n\nMonday comes and Bitcoin 40k drops to 37\nBuy 10% of the allotted DCA money of the week\nThursday comes and Bitcoin drops to 35 from 37\nBuy 15% of the allotted DCA money\nSunday dump comes and drops to 33k\nBuy 25% of the allotted DCA money of the week.\n\nYou have now spend 50% of the weeks DCA money and you reassess the situation. Can it drop lower? Are you willing to take that bet? Yes? Doesn't matter you have cash at hand. Can it NOT drop lower? Doesn't matter you bought already. \nIf you are feeling confident, you could get a loan from the following week and go with a bigger percentage and not buyback on the retests in the following 1-2 weeks in the month.\nThis model assumes constant proper analysis and awareness, and a monthly staple amount funneled in stablecoins, ready to fill your orders. \n\n![8fa.jpg](https://cdn.steemitimages.com/DQmev9gJ7t3e2hQNAYS44ifK6heZgFQ8wp6AZwZSuj4SJrw/8fa.jpg)\n\nThe only downside I see is that it requires a massive effort and constant research rather than DCA Wednesday Saturday and Sunday(those were my DCA days when I used to only DCA the traditional way)\n\n**This isn't tested for long but so far it has helped me perform spectacularly well. I hope you can understand the point I'm coming from with this strategy, and not misinterpret it as something else. Its still DCA just much, much, much more complicated.**\n\n**Your friendly neighborhood helicopter pilot, ₿inochet**\n\n[![follow me!](https://cdn.steemitimages.com/DQmavDP2YTXRHD5urMEwy1MZhJfdyFN13H9m1EkNNLrD9m6/New%20Project%20(2).jpg)](https://steemit.com/@binochet)",
      "json_metadata": "{\"tags\":[\"crypto\",\"bitcoin\",\"dca\",\"dollarcostaverage\"],\"image\":[\"https://cdn.steemitimages.com/DQmYcFzgqfGPY66EJSmQh1QTnidVCMZ5xfAS9cKQ69XFe3d/DDCA.jpg\",\"https://cdn.steemitimages.com/DQmTEEtqtqto7HxJfodp71BQv6YXeKUUjoa3SQZ5YoLrHXM/coaster.jpg\",\"https://cdn.steemitimages.com/DQmNwNBAkktK74TfgcbiX2JdxamncYMDb9ncnQ3NwFg4GwT/dca.jpg\",\"https://cdn.steemitimages.com/DQmckosfJ5jSJG7xNAMRbQ23SQUqNypRYa271S3f1VFpgni/stablecoins.jpg\",\"https://cdn.steemitimages.com/DQmWBUWjYVJUYZvAS2wDBGhzACW6bTdwrZj8w9DUpF9vUU8/ifthen.png\",\"https://cdn.steemitimages.com/DQmev9gJ7t3e2hQNAYS44ifK6heZgFQ8wp6AZwZSuj4SJrw/8fa.jpg\",\"https://cdn.steemitimages.com/DQmavDP2YTXRHD5urMEwy1MZhJfdyFN13H9m1EkNNLrD9m6/New%20Project%20(2).jpg\"],\"links\":[\"https://steemit.com/@binochet\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "f7ed2d3de7d17e9f6deadf32b4d7890d811b1e0b",
  "block": 61861661,
  "trx_in_block": 5,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-02-23T06:05:42",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "crypto",
      "author": "binochet",
      "permlink": "new-into-crypto-investments-this-is-for-you",
      "title": "New into crypto investments? This is for you! Part 1",
      "body": "@@ -250,16 +250,18 @@\n are mere\n+ly\n  my thou\n",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"investment\",\"newbie\"],\"image\":[\"https://cdn.steemitimages.com/DQmaPyZKVb38E2JLxYzjXU2rLFRN4XuAnbarhusNEv8kuTY/bitcoin-6054330_960_720.jpg\",\"https://cdn.steemitimages.com/DQmev9gJ7t3e2hQNAYS44ifK6heZgFQ8wp6AZwZSuj4SJrw/8fa.jpg\",\"https://cdn.steemitimages.com/DQmRTfCegpe9jfXdvpLJsYTkpSrqbPukK8LVKJLnjBzGeQz/x18mk0ysjyq7.jpg\",\"https://cdn.steemitimages.com/DQmNwNBAkktK74TfgcbiX2JdxamncYMDb9ncnQ3NwFg4GwT/dca.jpg\",\"https://cdn.steemitimages.com/DQmavDP2YTXRHD5urMEwy1MZhJfdyFN13H9m1EkNNLrD9m6/New%20Project%20(2).jpg\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\",\"links\":[\"https://steemit.com/@binochet\"]}"
    }
  ]
}

{
  "trx_id": "4f1731b0a469ab96c1902d3bf2e218bd2856f44d",
  "block": 61835707,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-02-22T08:21:18",
  "op": [
    "vote",
    {
      "voter": "binochet",
      "author": "steemitblog",
      "permlink": "steemit-a-guide-for-newcomers",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "d6c649a13be21bda6895d8de6b0f52488f39a50c",
  "block": 61835690,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-02-22T08:20:27",
  "op": [
    "vote",
    {
      "voter": "binochet",
      "author": "cryptohumster",
      "permlink": "bitcoin-achievement-nobody-is-talking-about",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "a37553900c38e3709ee2c438641e2e04918902f7",
  "block": 61835662,
  "trx_in_block": 4,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-02-22T08:19:03",
  "op": [
    "vote",
    {
      "voter": "binochet",
      "author": "abdu.navi03",
      "permlink": "crypto-academy-season-6-week-summary-trading-with-rsi-and-ichimoku",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "7e72bb4ee8754215faf9ef6481e713c459249e21",
  "block": 61835644,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-02-22T08:18:09",
  "op": [
    "vote",
    {
      "voter": "binochet",
      "author": "steem.history",
      "permlink": "the-complete-steemit-etiquette-guide-revision-20-homage-1598425779",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "1bd50c27489f4509ffe3f2083486f7c7e96054aa",
  "block": 61835643,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-02-22T08:18:06",
  "op": [
    "vote",
    {
      "voter": "binochet",
      "author": "jesusremaj7",
      "permlink": "qr0w5y",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "a68355c4929fed01136c86f1ddeef30ce7a13d21",
  "block": 61834436,
  "trx_in_block": 10,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-02-22T07:17:33",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "crypto",
      "author": "binochet",
      "permlink": "the-10-commandments-before-buying-crypto-read-before-you-buy",
      "title": "The 10 commandments before buying crypto - Read before you buy",
      "body": "![10fixed.jpg](https://cdn.steemitimages.com/DQmfWPFfRnskGTTG28d7wLA4q2JpAQdbb1ASchG49wkRBX4/10fixed.jpg)\n\nMy second weekly post is a list of checkmarks that I tend to oversee when I am looking into buying any crypto asset. This is:\n**The ₿inochet 10 Commandments Before Buying**\n\n***Disclaimer, I am not a financial advisor, I am merely a helicopter pilot. Always do your own research and be extra cautious to where you invest your money.*** \n\n1.Find an asset with something unique, something that will distinguish it from the endless sea of shitcoins and clones. I am always looking into technology and what problems it solves, what gaps in the market it is filling and something to make the asset stand out. As an example, I was heavily investing into sol from its single digit days, because of its unique transactions per second and their so called “Proof of History” – which is a glorified Proof of Stake. I started taking profits when it hit triple digits (sold the top for the most part but kept a small moonbag)\n\n![331bd9b942f698c29919b10e73b8f023.jpg](https://cdn.steemitimages.com/DQmPY2AbJPGbFzX9CcHs7UzTNxkCMA415MQGZ9wvH7qasDy/331bd9b942f698c29919b10e73b8f023.jpg)\n\n2.Find an asset that has an actual use case in real world. Everything is based on profits and about stacking them bags into racks until the end of times. So despite any blockchains good intentions to solve problems and provide new tech, it has to have an actual use case that institutions and smart money can get behind in order to invest. Because the institutions and market makers are moving the prices and not retail. \n\n3.Find an asset that is open sourced and has code audits. This will ensure that no backdoors are into the smart contracts that will allow an exploit. At least it minimizes the risk to get rugpulled by either the dev team behind the project or any malicious attack by hackers. Which leads me to my next point.\n\n4.Find out about the team behind the asset. Who is behind it? What projects did they work on before? Are they involved in any scams or outstanding court cases? Which country are they based and what regulations that country has for blockchain and crypto assets?\n\n5.Find out about how much interest the asset has from hedge funds, VCs, for profit research and whales. No big investment firm will ever invest in a scam or a shitcoin, because as I said, its about stacking them bags into racks as high as possible. Always follow the money, the smart money.\n\n6.Find out about the token distribution. Did it have a fairdrop? An ICO(Initial Coin Offering)? An IDO(Initial DEX Offering)? How much of the supply is held by developers and the project in general? Because they have to get paid as well at some point and take profits, and this could lead to a price plummet if they hold the largest allocation in the project.\n\n7.Find out about the market cap. Market cap is the actual price of the asset, not the value it is displayed. You must think of it like the potential price it could have in the future. Dogecoin and Shiba are great examples for this. If the market cap is already in high billions, how much do you think a shitcoin like the abovementioned ones could grow? For scale, Ethereum has 266billion market cap -as of now. Doge has 14.8billion market cap. HOW MUCH DO YOU THINK A SHITCOIN CAN GROW? Think for a second! Is it going to overrun ACTUAL blockchains with mass institutional adoption that host hundreds of applications on them “just because”?\n\n![e02e5ffb5f980cd8262cf7f0ae00a4a9_press-x-to-doubt-memes-memesuper-la-noire-doubt-meme_419-238.jpg](https://cdn.steemitimages.com/DQmf63eScSmPNYtz2ysE8SoFot46uhrYmJGZnkzjdBwswBB/e02e5ffb5f980cd8262cf7f0ae00a4a9_press-x-to-doubt-memes-memesuper-la-noire-doubt-meme_419-238.jpg)\n\n8.Find out about the project’s growth through charts. You must wear your TA hat now and check the charts, in long scale first ideally since inception and extrapolate your initial conclusions. Check the valuation with the BTC Pair, even the Eth pair in some cases. \n\n![1521198110_i-pamp-kriptovalyuty.jpg](https://cdn.steemitimages.com/DQmbjSapjqpyoh2xPXJHpB5rSizHVLuGnCniXxhHzo8Auzg/1521198110_i-pamp-kriptovalyuty.jpg)\n\n9.Find out about the activity in Github. How often they are pushing changes? Is it a ghostchain where nothing is developed on? I want to point out here that, as a software engineer myself, I could be committing jargon into github all day long just to show activity and traction, so this isn’t as high in the list as priorities go.\n\n10.Find out the impact it would have in your portfolio in contrast to if you strengthened your position to an already acquired asset rather than buying a new one. Is it a riskier asset? Did I make my risk management? Do I have a solid enough portfolio to invest in something more “exotic”? If you have a portfolio filled with risky assets, you will probably get rekt in a glorious manner in a bear market, in a black swan event or in any massive capitulation really.\n\n**So, there you have it. My 10 commandments when buying magic internet coins. This doesn’t mean you have to find something that checks all 10, because it’s going to be pretty hard. I try to cross check as many as possible and do my due diligence in risk management and you should do that as well and plan accordingly.**\n\n*Your friendly neighborhood helicopter pilot, ₿inochet\n\n[![follow me!](https://cdn.steemitimages.com/DQmavDP2YTXRHD5urMEwy1MZhJfdyFN13H9m1EkNNLrD9m6/New%20Project%20(2).jpg)](https://steemit.com/@binochet)",
      "json_metadata": "{\"tags\":[\"crypto\",\"bitcoin\",\"howtobuy\",\"cryptocurrency\",\"investing\"],\"image\":[\"https://cdn.steemitimages.com/DQmfWPFfRnskGTTG28d7wLA4q2JpAQdbb1ASchG49wkRBX4/10fixed.jpg\",\"https://cdn.steemitimages.com/DQmPY2AbJPGbFzX9CcHs7UzTNxkCMA415MQGZ9wvH7qasDy/331bd9b942f698c29919b10e73b8f023.jpg\",\"https://cdn.steemitimages.com/DQmf63eScSmPNYtz2ysE8SoFot46uhrYmJGZnkzjdBwswBB/e02e5ffb5f980cd8262cf7f0ae00a4a9_press-x-to-doubt-memes-memesuper-la-noire-doubt-meme_419-238.jpg\",\"https://cdn.steemitimages.com/DQmbjSapjqpyoh2xPXJHpB5rSizHVLuGnCniXxhHzo8Auzg/1521198110_i-pamp-kriptovalyuty.jpg\",\"https://cdn.steemitimages.com/DQmavDP2YTXRHD5urMEwy1MZhJfdyFN13H9m1EkNNLrD9m6/New%20Project%20(2).jpg\"],\"links\":[\"https://steemit.com/@binochet\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "bbed01ef2a32fbc00e219277d45fb90ffdd0562a",
  "block": 61810962,
  "trx_in_block": 9,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-02-21T11:37:30",
  "op": [
    "vote",
    {
      "voter": "xel4",
      "author": "binochet",
      "permlink": "new-into-crypto-investment-this-is-for-you-part-3",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "fbb3db1cbe7f23e32b9924088ab5f34e6324ecdc",
  "block": 61807730,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-02-21T08:55:15",
  "op": [
    "vote",
    {
      "voter": "krabgat",
      "author": "binochet",
      "permlink": "new-into-crypto-investment-this-is-for-you-part-3",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "52bdeb11b299d312d75d038a13ed0140659b4485",
  "block": 61806057,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-02-21T07:31:03",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "crypto",
      "author": "binochet",
      "permlink": "new-into-crypto-investment-this-is-for-you-part-3",
      "title": "New into crypto investment? This is for you - Part 3",
      "body": "![bitcoin-6054330_960_720.jpg](https://cdn.steemitimages.com/DQmaPyZKVb38E2JLxYzjXU2rLFRN4XuAnbarhusNEv8kuTY/bitcoin-6054330_960_720.jpg)\n\nThis is a \"guide\" to help you get started with crypto. I decide to break it down into digestible parts. Those are mere my thoughts and observations from experience when I first started dabbling with cryptocurrencies but more on why I decided to invest in crypto in another post.\n\n**Disclaimer, I am not a financial advisor, I am merely a helicopter pilot. Always do your own research and be extra cautious to where you invest your money.**\n\n***Part 3: How to buy***\n\n![istockphoto-1324164290-170667a.jpg](https://cdn.steemitimages.com/DQmVXjpTKJBoHa3PZu8UoZTpUFmUuRc8UH4pmYGsVM4NXif/istockphoto-1324164290-170667a.jpg)\n\nWe learned about some investment basics in crypto and some crypto lingo as well, and now we are ready to pull the trigger and click the big green button that buys magic internet coins. How you ask?\nTo keep things short, we want to convert our confetti fiat money (fiat is the term used for government issued money) into cryptocurrency digital assets. However, in order to do that and buy your favorite digital coins, some steps need to be made beforehand. \n\nThe first and most important as a cryptocurious nooblet, is to make an account in a well-established centralized exchange in order to exchange your money for crypto.\nThere is a sea of exchanges to choose from, but for a newbie an exchange like Kraken, Binance, or crypto.com is more than enough. There are other exchanges that have more “exotic” coins as well like Kucoin, Hotbit, Huobi etc.\nI use multiple to gain access to multiple assets but again for a beginner it is not needed, in fact it is counterproductive. And this is only centralized exchanges. There is a myriad of DEFI applications as well that you can swap and exchange tokens for one another that you would not get elsewhere, and DEFI is my favorite place to hang when I am buying or selling.\n \nWhenever you make an account in an exchange you have the Know Your Customer procedure that must be honored. This is due to the exchange being centralized, aka, someone OWNS it, and owns all the crypto that is stored in that exchange. The exchange needs to know who you are, where you live, and possibly provide some tax identification in some cases depending on the amount you are buying and personal identification number or passport. It’s not as simple as installing an app and you’re swimming in crypto. A few years back KYC were much lighter but as time passes and adoption is running rampant, the long arm of governmental intervention comes to play by imposing regulations and laws. \nAs soon as you get verified with the exchange you could connect a visa card and buy crypto on the spot (this includes a transaction fee for Visa) or you could transfer money from a bank account but bare in mind that this could take 1-2 days for the funds to be cleared. So, plan accordingly if you’re eyeing an asset you want to buy.\n\n**Ok, I bought! Now what?**\n\nJust like you own a wallet that you put your visas and paper money in, you MUST have a crypto wallet. The assets you have on the exchanges are not your own. We have a saying, **not your keys, not your crypto.** This is because even though you bought the assets, and are technically yours, you keep them in the exchanges ”vault” and until you withdraw them to an external digital wallet that only YOU have access to, they are not considered entirely yours. Why you ask?  Because the exchange could get cyber attacked, and your funds could be lost with that attack. The exchange might decide to pull the plug and pull off an ol’reliable rug pull. There are a lot of things that could go wrong, and to err on the safe side its better to have full custody of your assets. \n\n![A-simple-guide-to-cryptocurrency-wallets-1.jpg](https://cdn.steemitimages.com/DQmZ5NokDCvxqsxtKD6sfioTbXBMcoRXDKGddLYk2skwAQ5/A-simple-guide-to-cryptocurrency-wallets-1.jpg)\n\nDigital wallets operate with a seed phrase, a series of random words you are given upon creating a wallet. Those words with the right order “unlock” your assets on the blockchain where you store them. You must think of the wallet not as a storing vault, but as a lock and your seed phrase the key to access your assets because they are stored on their respective blockchains in that way. So, it is nearly impossible to get stolen, unless the entire network/blockchain is compromised. I would recommend that you write down your seed phrase in a paper and store it somewhere safe and create backups of that that only you can access OFFLINE. I cannot stress that enough. DON’T screenshot your seed phrase. DON’T store it in your phone’s notepad. DON’T store it anywhere near a device that has access to the internet. Only offline is a safe enough bet to mitigate cyber attacks and hackers. \n\n![Crypto.com-crypto-hack.jpg](https://cdn.steemitimages.com/DQmci36BSCpy5G7Kw49Auk6G6jSVTS6AnCkDtBktSSzGcXd/Crypto.com-crypto-hack.jpg)\n\nEven if you delete your wallet application or if the wallet application you use decides to seize operations, your crypto assets are not gone. You can access them through any other wallet that supports them just by importing your seed phrase. Again, this is because your crypto assets are stored in the blockchain and not in the application itself. \n\nThis was the final guide for someone that is cryptocurious and wants to start investing/buying crypto assets to diversify their portfolio. I would suggest anything you don’t understand to comment below or look it up for yourself as an adult that doesn’t wait to get handed things on a silver plate. \n\n*Your friendly neighborhood helicopter pilot, ₿inochet\n\n[![follow me!](https://cdn.steemitimages.com/DQmavDP2YTXRHD5urMEwy1MZhJfdyFN13H9m1EkNNLrD9m6/New%20Project%20(2).jpg)](https://steemit.com/@binochet)",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"cryptoguide\",\"howto\",\"cryptocurrency\"],\"image\":[\"https://cdn.steemitimages.com/DQmaPyZKVb38E2JLxYzjXU2rLFRN4XuAnbarhusNEv8kuTY/bitcoin-6054330_960_720.jpg\",\"https://cdn.steemitimages.com/DQmVXjpTKJBoHa3PZu8UoZTpUFmUuRc8UH4pmYGsVM4NXif/istockphoto-1324164290-170667a.jpg\",\"https://cdn.steemitimages.com/DQmZ5NokDCvxqsxtKD6sfioTbXBMcoRXDKGddLYk2skwAQ5/A-simple-guide-to-cryptocurrency-wallets-1.jpg\",\"https://cdn.steemitimages.com/DQmci36BSCpy5G7Kw49Auk6G6jSVTS6AnCkDtBktSSzGcXd/Crypto.com-crypto-hack.jpg\",\"https://cdn.steemitimages.com/DQmavDP2YTXRHD5urMEwy1MZhJfdyFN13H9m1EkNNLrD9m6/New%20Project%20(2).jpg\"],\"links\":[\"https://steemit.com/@binochet\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "ba10eefa70a4297640375e7bc1f81f22b5580183",
  "block": 61806051,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-02-21T07:30:45",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "crypto",
      "author": "binochet",
      "permlink": "new-into-crypto-investment-this-is-for-you-part-3",
      "title": "New into crypto investment? This is for you - part 3",
      "body": "![bitcoin-6054330_960_720.jpg](https://cdn.steemitimages.com/DQmaPyZKVb38E2JLxYzjXU2rLFRN4XuAnbarhusNEv8kuTY/bitcoin-6054330_960_720.jpg)\n\nThis is a \"guide\" to help you get started with crypto. I decide to break it down into digestible parts. Those are mere my thoughts and observations from experience when I first started dabbling with cryptocurrencies but more on why I decided to invest in crypto in another post.\n\n**Disclaimer, I am not a financial advisor, I am merely a helicopter pilot. Always do your own research and be extra cautious to where you invest your money.**\n\n***Part 3: How to buy***\n\n![istockphoto-1324164290-170667a.jpg](https://cdn.steemitimages.com/DQmVXjpTKJBoHa3PZu8UoZTpUFmUuRc8UH4pmYGsVM4NXif/istockphoto-1324164290-170667a.jpg)\n\nWe learned about some investment basics in crypto and some crypto lingo as well, and now we are ready to pull the trigger and click the big green button that buys magic internet coins. How you ask?\nTo keep things short, we want to convert our confetti fiat money (fiat is the term used for government issued money) into cryptocurrency digital assets. However, in order to do that and buy your favorite digital coins, some steps need to be made beforehand. \n\nThe first and most important as a cryptocurious nooblet, is to make an account in a well-established centralized exchange in order to exchange your money for crypto.\nThere is a sea of exchanges to choose from, but for a newbie an exchange like Kraken, Binance, or crypto.com is more than enough. There are other exchanges that have more “exotic” coins as well like Kucoin, Hotbit, Huobi etc.\nI use multiple to gain access to multiple assets but again for a beginner it is not needed, in fact it is counterproductive. And this is only centralized exchanges. There is a myriad of DEFI applications as well that you can swap and exchange tokens for one another that you would not get elsewhere, and DEFI is my favorite place to hang when I am buying or selling.\n \nWhenever you make an account in an exchange you have the Know Your Customer procedure that must be honored. This is due to the exchange being centralized, aka, someone OWNS it, and owns all the crypto that is stored in that exchange. The exchange needs to know who you are, where you live, and possibly provide some tax identification in some cases depending on the amount you are buying and personal identification number or passport. It’s not as simple as installing an app and you’re swimming in crypto. A few years back KYC were much lighter but as time passes and adoption is running rampant, the long arm of governmental intervention comes to play by imposing regulations and laws. \nAs soon as you get verified with the exchange you could connect a visa card and buy crypto on the spot (this includes a transaction fee for Visa) or you could transfer money from a bank account but bare in mind that this could take 1-2 days for the funds to be cleared. So, plan accordingly if you’re eyeing an asset you want to buy.\n\n**Ok, I bought! Now what?**\n\nJust like you own a wallet that you put your visas and paper money in, you MUST have a crypto wallet. The assets you have on the exchanges are not your own. We have a saying, **not your keys, not your crypto.** This is because even though you bought the assets, and are technically yours, you keep them in the exchanges ”vault” and until you withdraw them to an external digital wallet that only YOU have access to, they are not considered entirely yours. Why you ask?  Because the exchange could get cyber attacked, and your funds could be lost with that attack. The exchange might decide to pull the plug and pull off an ol’reliable rug pull. There are a lot of things that could go wrong, and to err on the safe side its better to have full custody of your assets. \n\n![A-simple-guide-to-cryptocurrency-wallets-1.jpg](https://cdn.steemitimages.com/DQmZ5NokDCvxqsxtKD6sfioTbXBMcoRXDKGddLYk2skwAQ5/A-simple-guide-to-cryptocurrency-wallets-1.jpg)\n\nDigital wallets operate with a seed phrase, a series of random words you are given upon creating a wallet. Those words with the right order “unlock” your assets on the blockchain where you store them. You must think of the wallet not as a storing vault, but as a lock and your seed phrase the key to access your assets because they are stored on their respective blockchains in that way. So, it is nearly impossible to get stolen, unless the entire network/blockchain is compromised. I would recommend that you write down your seed phrase in a paper and store it somewhere safe and create backups of that that only you can access OFFLINE. I cannot stress that enough. DON’T screenshot your seed phrase. DON’T store it in your phone’s notepad. DON’T store it anywhere near a device that has access to the internet. Only offline is a safe enough bet to mitigate cyber attacks and hackers. \n\n![Crypto.com-crypto-hack.jpg](https://cdn.steemitimages.com/DQmci36BSCpy5G7Kw49Auk6G6jSVTS6AnCkDtBktSSzGcXd/Crypto.com-crypto-hack.jpg)\n\nEven if you delete your wallet application or if the wallet application you use decides to seize operations, your crypto assets are not gone. You can access them through any other wallet that supports them just by importing your seed phrase. Again, this is because your crypto assets are stored in the blockchain and not in the application itself. \n\nThis was the final guide for someone that is cryptocurious and wants to start investing/buying crypto assets to diversify their portfolio. I would suggest anything you don’t understand to comment below or look it up for yourself as an adult that doesn’t wait to get handed things on a silver plate. \n\n*Your friendly neighborhood helicopter pilot, ₿inochet\n\n[![follow me!](https://cdn.steemitimages.com/DQmavDP2YTXRHD5urMEwy1MZhJfdyFN13H9m1EkNNLrD9m6/New%20Project%20(2).jpg)](https://steemit.com/@binochet)",
      "json_metadata": "{\"tags\":[\"crypto\",\"bitcoin\",\"cryptoguide\",\"howto\",\"cryptocurrency\"],\"image\":[\"https://cdn.steemitimages.com/DQmaPyZKVb38E2JLxYzjXU2rLFRN4XuAnbarhusNEv8kuTY/bitcoin-6054330_960_720.jpg\",\"https://cdn.steemitimages.com/DQmVXjpTKJBoHa3PZu8UoZTpUFmUuRc8UH4pmYGsVM4NXif/istockphoto-1324164290-170667a.jpg\",\"https://cdn.steemitimages.com/DQmZ5NokDCvxqsxtKD6sfioTbXBMcoRXDKGddLYk2skwAQ5/A-simple-guide-to-cryptocurrency-wallets-1.jpg\",\"https://cdn.steemitimages.com/DQmci36BSCpy5G7Kw49Auk6G6jSVTS6AnCkDtBktSSzGcXd/Crypto.com-crypto-hack.jpg\",\"https://cdn.steemitimages.com/DQmavDP2YTXRHD5urMEwy1MZhJfdyFN13H9m1EkNNLrD9m6/New%20Project%20(2).jpg\"],\"links\":[\"https://steemit.com/@binochet\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "6f0ce05e6898b0e7c70ffbc41c0e2a88d34cb83d",
  "block": 61805943,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-02-21T07:25:15",
  "op": [
    "delete_comment",
    {
      "author": "binochet",
      "permlink": "new-into-crypto-investment-this-is-for-you-part-3"
    }
  ]
}

{
  "trx_id": "b9ea05864e2dfaddc7337cadac764b18fdce6c5d",
  "block": 61805925,
  "trx_in_block": 4,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-02-21T07:24:21",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "hive-108451",
      "author": "binochet",
      "permlink": "new-into-crypto-investment-this-is-for-you-part-3",
      "title": "New into crypto investment? This is for you - part 3",
      "body": "![bitcoin-6054330_960_720.jpg](https://cdn.steemitimages.com/DQmaPyZKVb38E2JLxYzjXU2rLFRN4XuAnbarhusNEv8kuTY/bitcoin-6054330_960_720.jpg)\n\nThis is a \"guide\" to help you get started with crypto. I decide to break it down into digestible parts. Those are mere my thoughts and observations from experience when I first started dabbling with cryptocurrencies but more on why I decided to invest in crypto in another post.\n\n**Disclaimer, I am not a financial advisor, I am merely a helicopter pilot. Always do your own research and be extra cautious to where you invest your money.**\n\n***Part 3: How to buy***\n\n![istockphoto-1324164290-170667a.jpg](https://cdn.steemitimages.com/DQmVXjpTKJBoHa3PZu8UoZTpUFmUuRc8UH4pmYGsVM4NXif/istockphoto-1324164290-170667a.jpg)\n\nWe learned about some investment basics in crypto and some crypto lingo as well, and now we are ready to pull the trigger and click the big green button that buys magic internet coins. How you ask?\nTo keep things short, we want to convert our confetti fiat money (fiat is the term used for government issued money) into cryptocurrency digital assets. However, in order to do that and buy your favorite digital coins, some steps need to be made beforehand. \n\nThe first and most important as a cryptocurious nooblet, is to make an account in a well-established centralized exchange in order to exchange your money for crypto.\nThere is a sea of exchanges to choose from, but for a newbie an exchange like Kraken, Binance, or crypto.com is more than enough. There are other exchanges that have more “exotic” coins as well like Kucoin, Hotbit, Huobi etc.\nI use multiple to gain access to multiple assets but again for a beginner it is not needed, in fact it is counterproductive. And this is only centralized exchanges. There is a myriad of DEFI applications as well that you can swap and exchange tokens for one another that you would not get elsewhere, and DEFI is my favorite place to hang when I am buying or selling.\n \nWhenever you make an account in an exchange you have the Know Your Customer procedure that must be honored. This is due to the exchange being centralized, aka, someone OWNS it, and owns all the crypto that is stored in that exchange. The exchange needs to know who you are, where you live, and possibly provide some tax identification in some cases depending on the amount you are buying and personal identification number or passport. It’s not as simple as installing an app and you’re swimming in crypto. A few years back KYC were much lighter but as time passes and adoption is running rampant, the long arm of governmental intervention comes to play by imposing regulations and laws. \nAs soon as you get verified with the exchange you could connect a visa card and buy crypto on the spot (this includes a transaction fee for Visa) or you could transfer money from a bank account but bare in mind that this could take 1-2 days for the funds to be cleared. So, plan accordingly if you’re eyeing an asset you want to buy.\n\n**Ok, I bought! Now what?**\n\nJust like you own a wallet that you put your visas and paper money in, you MUST have a crypto wallet. The assets you have on the exchanges are not your own. We have a saying, **not your keys, not your crypto.** This is because even though you bought the assets, and are technically yours, you keep them in the exchanges ”vault” and until you withdraw them to an external digital wallet that only YOU have access to, they are not considered entirely yours. Why you ask?  Because the exchange could get cyber attacked, and your funds could be lost with that attack. The exchange might decide to pull the plug and pull off an ol’reliable rug pull. There are a lot of things that could go wrong, and to err on the safe side its better to have full custody of your assets. \n\n![A-simple-guide-to-cryptocurrency-wallets-1.jpg](https://cdn.steemitimages.com/DQmZ5NokDCvxqsxtKD6sfioTbXBMcoRXDKGddLYk2skwAQ5/A-simple-guide-to-cryptocurrency-wallets-1.jpg)\n\nDigital wallets operate with a seed phrase, a series of random words you are given upon creating a wallet. Those words with the right order “unlock” your assets on the blockchain where you store them. You must think of the wallet not as a storing vault, but as a lock and your seed phrase the key to access your assets because they are stored on their respective blockchains in that way. So, it is nearly impossible to get stolen, unless the entire network/blockchain is compromised. I would recommend that you write down your seed phrase in a paper and store it somewhere safe and create backups of that that only you can access OFFLINE. I cannot stress that enough. DON’T screenshot your seed phrase. DON’T store it in your phone’s notepad. DON’T store it anywhere near a device that has access to the internet. Only offline is a safe enough bet to mitigate cyber attacks and hackers. \n\n![Crypto.com-crypto-hack.jpg](https://cdn.steemitimages.com/DQmci36BSCpy5G7Kw49Auk6G6jSVTS6AnCkDtBktSSzGcXd/Crypto.com-crypto-hack.jpg)\n\nEven if you delete your wallet application or if the wallet application you use decides to seize operations, your crypto assets are not gone. You can access them through any other wallet that supports them just by importing your seed phrase. Again, this is because your crypto assets are stored in the blockchain and not in the application itself. \n\nThis was the final guide for someone that is cryptocurious and wants to start investing/buying crypto assets to diversify their portfolio. I would suggest anything you don’t understand to comment below or look it up for yourself as an adult that doesn’t wait to get handed things on a silver plate. \n\n*Your friendly neighborhood helicopter pilot, ₿inochet\n\n[![follow me!](https://cdn.steemitimages.com/DQmavDP2YTXRHD5urMEwy1MZhJfdyFN13H9m1EkNNLrD9m6/New%20Project%20(2).jpg)](https://steemit.com/@binochet)",
      "json_metadata": "{\"tags\":[\"hive-108451\",\"crypto\",\"howtobuy\",\"newbie\",\"bitcoin\",\"cryptoguide\"],\"image\":[\"https://cdn.steemitimages.com/DQmaPyZKVb38E2JLxYzjXU2rLFRN4XuAnbarhusNEv8kuTY/bitcoin-6054330_960_720.jpg\",\"https://cdn.steemitimages.com/DQmVXjpTKJBoHa3PZu8UoZTpUFmUuRc8UH4pmYGsVM4NXif/istockphoto-1324164290-170667a.jpg\",\"https://cdn.steemitimages.com/DQmZ5NokDCvxqsxtKD6sfioTbXBMcoRXDKGddLYk2skwAQ5/A-simple-guide-to-cryptocurrency-wallets-1.jpg\",\"https://cdn.steemitimages.com/DQmci36BSCpy5G7Kw49Auk6G6jSVTS6AnCkDtBktSSzGcXd/Crypto.com-crypto-hack.jpg\",\"https://cdn.steemitimages.com/DQmavDP2YTXRHD5urMEwy1MZhJfdyFN13H9m1EkNNLrD9m6/New%20Project%20(2).jpg\"],\"links\":[\"https://steemit.com/@binochet\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "36c96fd92bced7a7ebbb122b89bd00b3e9e34560",
  "block": 61706123,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-02-17T18:15:39",
  "op": [
    "vote",
    {
      "voter": "xel4",
      "author": "binochet",
      "permlink": "new-into-crypto-investment-this-is-for-you-part-2",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "d2988017a0dee854e1a8f6bdee5d254e7f855bd4",
  "block": 61701372,
  "trx_in_block": 6,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-02-17T14:16:54",
  "op": [
    "vote",
    {
      "voter": "binochet",
      "author": "maazmoid123",
      "permlink": "repost-effective-trading-strategy-using-line-charts-steemit-crypto-academy-or-s6w1-or-homework-post-for-dilchamo",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "34effd412a346b5cdbfe4821eedd6661e440b130",
  "block": 61700737,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-02-17T13:44:57",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "binochet"
      ],
      "id": "notify",
      "json": "[\"setLastRead\",{\"date\":\"2022-02-17T13:44:55\"}]"
    }
  ]
}

{
  "trx_id": "5cc49b82df60d644f81a70094fc45ac3c0883c63",
  "block": 61693392,
  "trx_in_block": 10,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-02-17T07:35:45",
  "op": [
    "vote",
    {
      "voter": "jamalgayoni",
      "author": "binochet",
      "permlink": "new-into-crypto-investment-this-is-for-you-part-2",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "5ce59714a5341f6df8b18bfee5522691b8968592",
  "block": 61693388,
  "trx_in_block": 21,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-02-17T07:35:33",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "crypto",
      "author": "binochet",
      "permlink": "new-into-crypto-investments-this-is-for-you",
      "title": "New into crypto investments? This is for you! Part 1",
      "body": "@@ -2734,16 +2734,36 @@\n tradamus\n+ with a crystal ball\n . NO ONE\n@@ -2860,17 +2860,16 @@\n uy, you \n-k\n now get \n@@ -2994,16 +2994,17 @@\n  that. %0A\n+%0A\n A thing \n@@ -6147,8 +6147,159 @@\n morrow.*\n+%0A%0A%5B!%5Bfollow me!%5D(https://cdn.steemitimages.com/DQmavDP2YTXRHD5urMEwy1MZhJfdyFN13H9m1EkNNLrD9m6/New%2520Project%2520(2).jpg)%5D(https://steemit.com/@binochet)\n",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"investment\",\"newbie\"],\"image\":[\"https://cdn.steemitimages.com/DQmaPyZKVb38E2JLxYzjXU2rLFRN4XuAnbarhusNEv8kuTY/bitcoin-6054330_960_720.jpg\",\"https://cdn.steemitimages.com/DQmev9gJ7t3e2hQNAYS44ifK6heZgFQ8wp6AZwZSuj4SJrw/8fa.jpg\",\"https://cdn.steemitimages.com/DQmRTfCegpe9jfXdvpLJsYTkpSrqbPukK8LVKJLnjBzGeQz/x18mk0ysjyq7.jpg\",\"https://cdn.steemitimages.com/DQmNwNBAkktK74TfgcbiX2JdxamncYMDb9ncnQ3NwFg4GwT/dca.jpg\",\"https://cdn.steemitimages.com/DQmavDP2YTXRHD5urMEwy1MZhJfdyFN13H9m1EkNNLrD9m6/New%20Project%20(2).jpg\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\",\"links\":[\"https://steemit.com/@binochet\"]}"
    }
  ]
}

{
  "trx_id": "9da7326c996c73ac09721c5bc85eec5444c20fb2",
  "block": 61693310,
  "trx_in_block": 47,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-02-17T07:31:36",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "crypto",
      "author": "binochet",
      "permlink": "new-into-crypto-investment-this-is-for-you-part-2",
      "title": "New into crypto investment? This is for you - Part 2",
      "body": "![bitcoin-6054330_960_720.jpg](https://cdn.steemitimages.com/DQmaPyZKVb38E2JLxYzjXU2rLFRN4XuAnbarhusNEv8kuTY/bitcoin-6054330_960_720.jpg)\n\nThis is a \"guide\" to help you get started with crypto. I decide to break it down into digestible parts. Those are mere my thoughts and observations from experience when i first started dabbling with cryptocurrencies but more on why I decided to invest in crypto in another post.\n\n**Disclaimer, I am not a financial advisor, I am merely a helicopter pilot. Always do your own research and be extra cautious to where you invest your money.**\n\n***Part 2: Return of investment – ROI***\n\nThis is the second part for my crypto newbie guide and today we are going to deal with our return on our investment, aka, the gains.\n\nThe safer an asset is, the less return it will produce. Simple right? For you to understand what the return will be in crypto, it is imperative to understand the market cap of an asset. Market cap in crypto is the total amount in price of the asset that has been mined. This is the true value of an asset, and not the spot price you see on it.\n\n**Market Cap = Price x Circulating Supply**\n\nCrypto assets with large market cap are a “safer” investment, generally speaking, and most of those in the top 10-15 are considered to be “crypto blue chips”. The lower the market cap the more room for growth exists.\nBack to Bitcoin, and our ROI. Bitcoin tends to trend up with time, given time. If you are into the crypto market to make a quick buck and then get out, this guide isn’t for you and you’re probably a gambler that will lose everything at some point because you have the mentality of one. The first thing to do when hopping into the cryptospace, is to perceive it as an investment first, a long play hold and not a magic lottery ticket that will make you rich in a day’s pass. \nIf you buy bitcoin now, supposedly you can expect a 3x on that as an ROI. This is speculated because bitcoin will surpass 100k this cycle – assuming we are still in a bull market.\n\n![bullvbear.jpg](https://cdn.steemitimages.com/DQmX2qz26biBXJ1My7g4F4B5hbfVQEP2cFFgnGzJon6tKBe/bullvbear.jpg)\n\nMarkets have bull and bear cycles as we stated in the previous guide and what I believe, is that this cycle has lengthened, and it will produce diminishing returns (more on that in another article). So, if we take this theory to the bank, bitcoin could do a 3x by cycles end which I calculate in late Q4 of 2022 or early Q1 in 2023. The more the cycle peak moves, the greater the price will be. A bull cycle is when we slowly trend upwards until we find a cycle top that will usher in the new bear market cycle, which is the exact opposite of a bull one. In a bear market cycle, the price tends to trend downwards, until the lowest point of that cycle is identified that will spring the price later on to new heights and provide a cycle reversal.\n\n![alts.jpg](https://cdn.steemitimages.com/DQmUk3ouqPoMMdne4GWAgaazDbgNbZxwMAso4qx65aBr7sn/alts.jpg)\n\nAn altcoin will have better gains and ROI as you can already get if you understand asset market capitalization however when we look at charts, due to bitcoin being the king, it is always good to check the prices of altcoins we are interested and see how their value fairs against bitcoin. Is the asset getting destroyed by bitcoin and bleeds on its BTC pair? Or is it fairing well against it and its green candles and clear skies ahead? \nI treat altcoins with the -everything is a shitcoin apart from Bitcoin- premise. I am not a bitcoin maximalist, but I do understand altcoins exist to get more gains and then funnel them into bitcoin. \n\n\n![65jj3w.jpg](https://cdn.steemitimages.com/DQmUowfaZqCwzUaB4NZDVj4JBK5orZssfaEdrko7bNWDS1z/65jj3w.jpg)\n\nEvery altcoin is a shitcoin. Yes, even your favorite ones. EVERY. SINGLE. ONE. OF. THEM.\n\nWhenever bitcoin makes an aggressive run for the hills, it tends to make the alts bleed. But what is the first thing that should come into our heads with this observation? This translates to altcoin gains are being transferred into bitcoin, hence we get a rise in the so-called Bitcoin Dominance aka capital moves from altcoins into Bitcoin. This is due to investors being bored with alts, a bull run initiation after a period of sideways or downwards movement or anything similar. Investors don’t want to miss out on a bitcoin moon mission and they transfer their big gains from much volatile assets to a stable one to keep increasing their profit. \n\nAltcoins have their purpose but do not go the other way round as a newbie into the space. You will get rekt with mathematical precision. Make a solid portfolio first, with sound allocation in bitcoin-eth and stablecoins and then you can start your wet dream about making 100xs on shitcoin casino. Alts and shitcoins boomed, there are always going to be opportunities for massive returns on an investment. You cannot make those decisions as a newcomer. And if you dare double down on that and dare only hold shitcoins you will end up being a meme template for my pleasure.\n\n![New Project (1).jpg](https://cdn.steemitimages.com/DQmWWq5q9R5JLxVhB2xBGmKyS71ZC46i3RogyPQoimVcRTi/New%20Project%20(1).jpg)\n\n*Your friendly neighborhood helicopter pilot, ₿inochet\nPart 3 coming next week.*\n\n[![follow me!](https://cdn.steemitimages.com/DQmavDP2YTXRHD5urMEwy1MZhJfdyFN13H9m1EkNNLrD9m6/New%20Project%20(2).jpg)](https://steemit.com/@binochet)",
      "json_metadata": "{\"tags\":[\"crypto\",\"bitcoin\",\"investment\",\"newbies\",\"howto\"],\"image\":[\"https://cdn.steemitimages.com/DQmaPyZKVb38E2JLxYzjXU2rLFRN4XuAnbarhusNEv8kuTY/bitcoin-6054330_960_720.jpg\",\"https://cdn.steemitimages.com/DQmX2qz26biBXJ1My7g4F4B5hbfVQEP2cFFgnGzJon6tKBe/bullvbear.jpg\",\"https://cdn.steemitimages.com/DQmUk3ouqPoMMdne4GWAgaazDbgNbZxwMAso4qx65aBr7sn/alts.jpg\",\"https://cdn.steemitimages.com/DQmUowfaZqCwzUaB4NZDVj4JBK5orZssfaEdrko7bNWDS1z/65jj3w.jpg\",\"https://cdn.steemitimages.com/DQmWWq5q9R5JLxVhB2xBGmKyS71ZC46i3RogyPQoimVcRTi/New%20Project%20(1).jpg\",\"https://cdn.steemitimages.com/DQmavDP2YTXRHD5urMEwy1MZhJfdyFN13H9m1EkNNLrD9m6/New%20Project%20(2).jpg\"],\"links\":[\"https://steemit.com/@binochet\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "39822a22fb2cc173342961f55f8fe4f23b9deb75",
  "block": 61672626,
  "trx_in_block": 4,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-02-16T14:11:48",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "binochet"
      ],
      "id": "community",
      "json": "[\"subscribe\",{\"community\":\"hive-172186\"}]"
    }
  ]
}

{
  "trx_id": "22b9f912cf82959f6400f8c6ae94e72662945447",
  "block": 61670110,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-02-16T12:05:24",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "crypto",
      "author": "binochet",
      "permlink": "new-into-crypto-investments-this-is-for-you",
      "title": "New into crypto investments? This is for you!",
      "body": "![bitcoin-6054330_960_720.jpg](https://cdn.steemitimages.com/DQmaPyZKVb38E2JLxYzjXU2rLFRN4XuAnbarhusNEv8kuTY/bitcoin-6054330_960_720.jpg)\n\nThis is a \"guide\" to help you get started with crypto. I decide to break it down into digestible parts. Those are mere my thoughts and observations from experience when i first started dabbling with cryptocurrencies but more on why I decided to invest in crypto in another post.\n\n**Disclaimer, I am not a financial advisor, I am merely a helicopter pilot. Always do your own research and be extra cautious to where you invest your money.**\n\nNow that we got that out of the way, lets get started.\n\n***Part 1: Learn the basics***\n\nBitcoin is king. Period. There are so many different cryptocurrencies and assets to choose from and it is only logical that you feel dumbfounded when you take your baby steps into this market. As a newbie investor the best thing you can do if you don’t want to mess with charts, news, technology and general analysis, the best thing to do is buy Bitcoin once a week, for starters. You don’t care if the price is up or down, you’re in it for the long haul because Bitcoin is a sound investment and a good hedge, in the macro scale of things. For now. Investing is an animal on its own and there is simply too many factors and information for someone that a) doesn’t care much or b) is new into the space. Given your budget you can increase the times you buy in the week and or the amount itself and that is called Dollar Cost Average, or DCA for short. Id suggest you get acclimated early with lingo and acronyms at least, in order for you to digest better the information you are reading.\n\nYou might be thinking now \"but crypto goes up and down, why cant i buy the dip mr Binochet? haha ill just buy the dip, checkmate\"\n\n![8fa.jpg](https://cdn.steemitimages.com/DQmev9gJ7t3e2hQNAYS44ifK6heZgFQ8wp6AZwZSuj4SJrw/8fa.jpg)\n\n\nA lot of crypto newbies are fooled into believing they will time the market, or they will believe the words of a shitfluencer regarding that \"This is the time to buy the dip\". And herein lies the problem:\n\n**What if it keeps dipping?**\n\n![x18mk0ysjyq7.jpg](https://cdn.steemitimages.com/DQmRTfCegpe9jfXdvpLJsYTkpSrqbPukK8LVKJLnjBzGeQz/x18mk0ysjyq7.jpg)\n\nCongrats, you went all in and the price dropped 3 more times. Now you're priced out, out of money to buy in lower valuations and most probably because of your lack of experience you will most likely capitulate and sell lower. The memes do like to write themselves...\n\n***So, what do?***\n\nDCA is the best investment tactic because no one knows what Bitcoin will do in the next hour or tomorrow. NO ONE. I will say this one more time so you can abolish the shitfluencers that try and play Nostradamus. NO ONE KNOWS WHAT WILL HAPPEN IN THE SHORT TERM. Instead of trying to time the perfect time to buy, you know get an average price during the week/month timeframe and that’s all she wrote. It doesn’t have to be more complicated than that. \nA thing to keep in mind is diminishing returns. Like everything in life, more doesn’t always mean better. Yes, you can break down the monthly amount you put in to 3-4-5, hell, you can buy every day in smaller increments if you’d like, but this is like having 3 screens in your PC to play vidya and having 33 screens. Diminishing returns, less is more.\nThe ideal for me when I first started was 3 times a week, and specifically I was buying on Wednesdays, Saturdays and Sundays. Historically speaking I observed that the crypto market has a proclivity to dump on weekends. This is not a fact, just a mere observation that it tends to dump more on weekends rather than weekdays. Nowadays I am not DCAing 3 times a week, I follow a different DCA strategy which is more “advanced” and it’s a topic for another article, this is intended specifically for crypto newbies.\nWhen you start investing in crypto, it won’t be long before your need to diversify appears. All those shiny new gems, waiting for you to grab them before they give you those massive returns you keep hearing about in crypto. It is not a bad idea, in fact it is a great idea to have some portfolio diversification, however for the newbies I would suggest sticking to crypto “blue chips”\nBlue chips are a definition pretty subjective but I will provide you a generally accepted list, which are the top 10-15 crypto assets in market cap.\n\n*For full disclosure, there are cryptocurrencies that are in the top 15 that I personally don’t feel they belong there. For example, Ada Cardano’s native token, IN MY OPINION, is super over valuated and offers zero application apart from an NFT market and a very bad transaction throughput and scalability.*\n\nA newcomers investment portfolio(very different from a traders portfolio) should contain its bigger sum into Bitcoin, and the less bitcoin you are holding the more volatile your portfolio will be from a macroeconomic perspective speaking. A good starting allocation for me would be 40% into bitcoin, 20% into eth, 15% into stablecoins (personally I prefer UST, PaxG, USDC and DAI) and 15% altcoins of your choosing. This is a “safe” portfolio so to speak, and albeit it wont produce crazy returns in the end of a cycle, you will definitely have more returns and a better hedge rather than having your hard earned money into a bank. A portfolio allocation can change depending how advanced you become and into what phase we are during a market cycle. Apart from bear cycles, and bull cycles (Bear = price goes down, Bull = price goes up) we have Bitcoin and Altcoin seasons, that can live within a bear and a bull market cycle. \n\n***To sum up: ***\nIf you are trying to invest some of your money into an asset and you choose crypto, DCAing into the asset you want to buy is your best option. Because you cannot beat the market, and you don’t have to. Instead of imagining the market like an invisible enemy, take it as the friend who shows you the way. The DCA way\n\n![dca.jpg](https://cdn.steemitimages.com/DQmNwNBAkktK74TfgcbiX2JdxamncYMDb9ncnQ3NwFg4GwT/dca.jpg)\n\n*Your friendly neighborhood helicopter pilot, ₿inochet \nPart 2 coming tomorrow.*",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"investment\",\"newbie\"],\"image\":[\"https://cdn.steemitimages.com/DQmaPyZKVb38E2JLxYzjXU2rLFRN4XuAnbarhusNEv8kuTY/bitcoin-6054330_960_720.jpg\",\"https://cdn.steemitimages.com/DQmev9gJ7t3e2hQNAYS44ifK6heZgFQ8wp6AZwZSuj4SJrw/8fa.jpg\",\"https://cdn.steemitimages.com/DQmRTfCegpe9jfXdvpLJsYTkpSrqbPukK8LVKJLnjBzGeQz/x18mk0ysjyq7.jpg\",\"https://cdn.steemitimages.com/DQmNwNBAkktK74TfgcbiX2JdxamncYMDb9ncnQ3NwFg4GwT/dca.jpg\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "d0e79f6999a72b88b43ac4d53e3c921ccb2d1abf",
  "block": 61670110,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-02-16T12:05:24",
  "op": [
    "vote",
    {
      "voter": "xel4",
      "author": "binochet",
      "permlink": "new-into-crypto-investments-this-is-for-you",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "ad50166acfac556d35b0607f0a01779f865312ac",
  "block": 61670102,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-02-16T12:05:00",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "binochet"
      ],
      "id": "notify",
      "json": "[\"setLastRead\",{\"date\":\"2022-02-16T12:04:58\"}]"
    }
  ]
}

{
  "trx_id": "ea98ca1abae10b391977f7140b28626738380f60",
  "block": 61670075,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-02-16T12:03:39",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "crypto",
      "author": "binochet",
      "permlink": "new-into-crypto-investments-this-is-for-you",
      "title": "#New into crypto investments? This is for you!",
      "body": "@@ -4681,17 +4681,16 @@\n ability.\n- \n *%0A%0AA new\n",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"investment\",\"newbie\"],\"image\":[\"https://cdn.steemitimages.com/DQmaPyZKVb38E2JLxYzjXU2rLFRN4XuAnbarhusNEv8kuTY/bitcoin-6054330_960_720.jpg\",\"https://cdn.steemitimages.com/DQmev9gJ7t3e2hQNAYS44ifK6heZgFQ8wp6AZwZSuj4SJrw/8fa.jpg\",\"https://cdn.steemitimages.com/DQmRTfCegpe9jfXdvpLJsYTkpSrqbPukK8LVKJLnjBzGeQz/x18mk0ysjyq7.jpg\",\"https://cdn.steemitimages.com/DQmNwNBAkktK74TfgcbiX2JdxamncYMDb9ncnQ3NwFg4GwT/dca.jpg\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "a8bd3a83af268cf047c8a382d868cfe759a656b5",
  "block": 61670016,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-02-16T12:00:39",
  "op": [
    "vote",
    {
      "voter": "inertia",
      "author": "binochet",
      "permlink": "new-into-crypto-investments-this-is-for-you",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "b1be7db8a607d62f08130000e07b9d3361456357",
  "block": 61669880,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-02-16T11:53:48",
  "op": [
    "vote",
    {
      "voter": "steem.history",
      "author": "binochet",
      "permlink": "new-into-crypto-investments-this-is-for-you",
      "weight": 1000
    }
  ]
}

{
  "trx_id": "c7fab27373f011da9ed079c76e311f4d34c25c06",
  "block": 61669879,
  "trx_in_block": 4,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-02-16T11:53:45",
  "op": [
    "comment",
    {
      "parent_author": "binochet",
      "parent_permlink": "new-into-crypto-investments-this-is-for-you",
      "author": "steem.history",
      "permlink": "re-binochet-new-into-crypto-investments-this-is-for-you-20220216t115346044z",
      "title": "",
      "body": "Hello welcome to Steemit world! \n I'm @steem.history, who is steem witness. \n This is a recommended post for you.[Newcomers Guide](https://steemitdev.com/guide/@steemitblog/steemit-a-guide-for-newcomers) and [The Complete Steemit Etiquette Guide (Revision 2.0)](https://steemit.com/steem/@steem.history/the-complete-steemit-etiquette-guide-revision-20-homage-1598425779) and, recommended community [Newcomers Community](https://steemit.com/trending/hive-172186) \n I wish you luck to your steemit activities.<center> \n \n \n https://cdn.steemitimages.com/DQmXHwdcNs5VPcBft1iSosPdHLpBNBfjuG84g3ffWhMw5JQ/image.png \n <sub>(The bots avatar has been created using https://robohash.org/)</sub> \n @steem.history \n \n ### My witness activity \n - [My aspiration for STEEM witness](https://steemit.com/hive-185836/@steem.history/my-aspiration-for-steem-witness-1601280729) \n - Provides information on Steem.  \n [Reference](https://steemit.com/trending/hive-130095) \n - Supporting the Steem project. \n [SPUD4STEEM project](https://steemit.com/trending/spud4steem) \n - Supporting the community. \n [Newcomers Community](https://steemit.com/trending/hive-172186),[Steem Sri Lanka](https://steemit.com/trending/hive-133716) ,[WORLD OF XPILAR](https://steemit.com/trending/hive-185836), [GLOBAL STEEM](https://steemit.com/trending/hive-145160), [Scouts](https://steemit.com/trending/hive-181136), [Latino Community](https://steemit.com/trending/hive-188619) \n \n ### My featured posts \n - [The Complete Steemit Etiquette Guide (Revision 2.0) -Homage](https://steemit.com/steem/@steem.history/the-complete-steemit-etiquette-guide-revision-20-homage-1598425779) \n \n [![image.png](https://cdn.steemitimages.com/DQmd7of2TpLGqvckkrReWahnkxMWH6eMg5upXesfsujDCnW/image.png)](https://steemlogin.com/sign/account-witness-vote?witness=steem.history&amp;approve=1) \n <sub>please click it!</sub> \n \n ![image.png](https://cdn.steemitimages.com/DQmWDnFh7Kcgj2gdPc5RgG9Cezc4Bapq8sQQJvrkxR8rx5z/image.png) \n <sub>(Go to https://steemit.com/~witnesses and type fbslo at the bottom of the page)</sub> \n \n </center>",
      "json_metadata": "{\"tsgs\":[\"hello\"]}"
    }
  ]
}

{
  "trx_id": "902b1da03cc681af093156f4bb18af805148ee9b",
  "block": 61669877,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-02-16T11:53:39",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "crypto",
      "author": "binochet",
      "permlink": "new-into-crypto-investments-this-is-for-you",
      "title": "#New into crypto investments? This is for you!",
      "body": "![bitcoin-6054330_960_720.jpg](https://cdn.steemitimages.com/DQmaPyZKVb38E2JLxYzjXU2rLFRN4XuAnbarhusNEv8kuTY/bitcoin-6054330_960_720.jpg)\n\nThis is a \"guide\" to help you get started with crypto. I decide to break it down into digestible parts. Those are mere my thoughts and observations from experience when i first started dabbling with cryptocurrencies but more on why I decided to invest in crypto in another post.\n\n**Disclaimer, I am not a financial advisor, I am merely a helicopter pilot. Always do your own research and be extra cautious to where you invest your money.**\n\nNow that we got that out of the way, lets get started.\n\n***Part 1: Learn the basics***\n\nBitcoin is king. Period. There are so many different cryptocurrencies and assets to choose from and it is only logical that you feel dumbfounded when you take your baby steps into this market. As a newbie investor the best thing you can do if you don’t want to mess with charts, news, technology and general analysis, the best thing to do is buy Bitcoin once a week, for starters. You don’t care if the price is up or down, you’re in it for the long haul because Bitcoin is a sound investment and a good hedge, in the macro scale of things. For now. Investing is an animal on its own and there is simply too many factors and information for someone that a) doesn’t care much or b) is new into the space. Given your budget you can increase the times you buy in the week and or the amount itself and that is called Dollar Cost Average, or DCA for short. Id suggest you get acclimated early with lingo and acronyms at least, in order for you to digest better the information you are reading.\n\nYou might be thinking now \"but crypto goes up and down, why cant i buy the dip mr Binochet? haha ill just buy the dip, checkmate\"\n\n![8fa.jpg](https://cdn.steemitimages.com/DQmev9gJ7t3e2hQNAYS44ifK6heZgFQ8wp6AZwZSuj4SJrw/8fa.jpg)\n\n\nA lot of crypto newbies are fooled into believing they will time the market, or they will believe the words of a shitfluencer regarding that \"This is the time to buy the dip\". And herein lies the problem:\n\n**What if it keeps dipping?**\n\n![x18mk0ysjyq7.jpg](https://cdn.steemitimages.com/DQmRTfCegpe9jfXdvpLJsYTkpSrqbPukK8LVKJLnjBzGeQz/x18mk0ysjyq7.jpg)\n\nCongrats, you went all in and the price dropped 3 more times. Now you're priced out, out of money to buy in lower valuations and most probably because of your lack of experience you will most likely capitulate and sell lower. The memes do like to write themselves...\n\n***So, what do?***\n\nDCA is the best investment tactic because no one knows what Bitcoin will do in the next hour or tomorrow. NO ONE. I will say this one more time so you can abolish the shitfluencers that try and play Nostradamus. NO ONE KNOWS WHAT WILL HAPPEN IN THE SHORT TERM. Instead of trying to time the perfect time to buy, you know get an average price during the week/month timeframe and that’s all she wrote. It doesn’t have to be more complicated than that. \nA thing to keep in mind is diminishing returns. Like everything in life, more doesn’t always mean better. Yes, you can break down the monthly amount you put in to 3-4-5, hell, you can buy every day in smaller increments if you’d like, but this is like having 3 screens in your PC to play vidya and having 33 screens. Diminishing returns, less is more.\nThe ideal for me when I first started was 3 times a week, and specifically I was buying on Wednesdays, Saturdays and Sundays. Historically speaking I observed that the crypto market has a proclivity to dump on weekends. This is not a fact, just a mere observation that it tends to dump more on weekends rather than weekdays. Nowadays I am not DCAing 3 times a week, I follow a different DCA strategy which is more “advanced” and it’s a topic for another article, this is intended specifically for crypto newbies.\nWhen you start investing in crypto, it won’t be long before your need to diversify appears. All those shiny new gems, waiting for you to grab them before they give you those massive returns you keep hearing about in crypto. It is not a bad idea, in fact it is a great idea to have some portfolio diversification, however for the newbies I would suggest sticking to crypto “blue chips”\nBlue chips are a definition pretty subjective but I will provide you a generally accepted list, which are the top 10-15 crypto assets in market cap.\n\n*For full disclosure, there are cryptocurrencies that are in the top 15 that I personally don’t feel they belong there. For example, Ada Cardano’s native token, IN MY OPINION, is super over valuated and offers zero application apart from an NFT market and a very bad transaction throughput and scalability. *\n\nA newcomers investment portfolio(very different from a traders portfolio) should contain its bigger sum into Bitcoin, and the less bitcoin you are holding the more volatile your portfolio will be from a macroeconomic perspective speaking. A good starting allocation for me would be 40% into bitcoin, 20% into eth, 15% into stablecoins (personally I prefer UST, PaxG, USDC and DAI) and 15% altcoins of your choosing. This is a “safe” portfolio so to speak, and albeit it wont produce crazy returns in the end of a cycle, you will definitely have more returns and a better hedge rather than having your hard earned money into a bank. A portfolio allocation can change depending how advanced you become and into what phase we are during a market cycle. Apart from bear cycles, and bull cycles (Bear = price goes down, Bull = price goes up) we have Bitcoin and Altcoin seasons, that can live within a bear and a bull market cycle. \n\n***To sum up: ***\nIf you are trying to invest some of your money into an asset and you choose crypto, DCAing into the asset you want to buy is your best option. Because you cannot beat the market, and you don’t have to. Instead of imagining the market like an invisible enemy, take it as the friend who shows you the way. The DCA way\n\n![dca.jpg](https://cdn.steemitimages.com/DQmNwNBAkktK74TfgcbiX2JdxamncYMDb9ncnQ3NwFg4GwT/dca.jpg)\n\n*Your friendly neighborhood helicopter pilot, ₿inochet \nPart 2 coming tomorrow.*",
      "json_metadata": "{\"tags\":[\"crypto\",\"bitcoin\",\"investment\",\"newbie\"],\"image\":[\"https://cdn.steemitimages.com/DQmaPyZKVb38E2JLxYzjXU2rLFRN4XuAnbarhusNEv8kuTY/bitcoin-6054330_960_720.jpg\",\"https://cdn.steemitimages.com/DQmev9gJ7t3e2hQNAYS44ifK6heZgFQ8wp6AZwZSuj4SJrw/8fa.jpg\",\"https://cdn.steemitimages.com/DQmRTfCegpe9jfXdvpLJsYTkpSrqbPukK8LVKJLnjBzGeQz/x18mk0ysjyq7.jpg\",\"https://cdn.steemitimages.com/DQmNwNBAkktK74TfgcbiX2JdxamncYMDb9ncnQ3NwFg4GwT/dca.jpg\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "b8a6df0fde3958ceae8164cf67d24a91c4339d50",
  "block": 61664613,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-02-16T07:29:09",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "binochet",
      "vesting_shares": "27484.954278 VESTS"
    }
  ]
}

{
  "trx_id": "12780f92b8c4c05c40ccd7c13784d4f4daf8d1e7",
  "block": 61663164,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-02-16T06:16:33",
  "op": [
    "account_update2",
    {
      "account": "binochet",
      "json_metadata": "",
      "posting_json_metadata": "{\"profile\":{\"profile_image\":\"https://cdn.steemitimages.com/DQmVkM4ogwtHi3Ber1ZS3ab1U4wsy5xXex9qspbrgcxtZrc/272680090_3143980125920891_2077050449167541445_n.jpg\",\"cover_image\":\"https://cdn.steemitimages.com/DQmbip9C197eL4uYZRcibKsPcTq163SRuJ8MEXfYFCim9YH/Pixiv.Id.18958124.full.2061684.jpg\",\"name\":\"₿inochet\",\"version\":2,\"about\":\"I swear by my life and my love of it that I will never live for the sake of another man, nor ask another man to live for mine\",\"location\":\"toxic garbage island\"}}",
      "extensions": []
    }
  ]
}

{
  "trx_id": "4a33a744b2996497131f88ff75da61fe040d4777",
  "block": 61663017,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-02-16T06:09:06",
  "op": [
    "account_update2",
    {
      "account": "binochet",
      "json_metadata": "",
      "posting_json_metadata": "{\"profile\":{\"profile_image\":\"https://cdn.steemitimages.com/DQmVkM4ogwtHi3Ber1ZS3ab1U4wsy5xXex9qspbrgcxtZrc/272680090_3143980125920891_2077050449167541445_n.jpg\",\"cover_image\":\"https://cdn.steemitimages.com/DQmNVgZkSfLL5e4Aj3qp7xFotvQqnX3ybeeuFh3hKxJJ8gv/Atlas1a.jpg\",\"name\":\"₿inochet\",\"version\":2}}",
      "extensions": []
    }
  ]
}

{
  "trx_id": "fe4f97c6a4f21d13ce7daa7f4d3b45be04d12382",
  "block": 61662616,
  "trx_in_block": 5,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-02-16T05:48:57",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "binochet"
      ],
      "id": "community",
      "json": "[\"subscribe\",{\"community\":\"hive-108451\"}]"
    }
  ]
}

{
  "trx_id": "efb0011a4a524ba45ed725ea62b032f2394a7975",
  "block": 61662520,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-02-16T05:44:06",
  "op": [
    "transfer",
    {
      "from": "executive-board",
      "to": "binochet",
      "amount": "0.001 STEEM",
      "memo": "❗ Hello binochet, welcome to the STEEM ecosystem. The Executive Board is publishing insider infos at https://discord.gg/KyBbmhh on how you will be earning the most coins. It's easy, just follow the instructions. THE 1000X BOOSTER KEY is already waiting for you over there too. 😉 Warm regards, The Executive Board."
    }
  ]
}

{
  "trx_id": "ad9b5d0826f3afec0d366fb9208e989067a6cf5c",
  "block": 61662497,
  "trx_in_block": 91,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-02-16T05:42:57",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "binochet",
      "vesting_shares": "30300.000000 VESTS"
    }
  ]
}

{
  "trx_id": "ad9b5d0826f3afec0d366fb9208e989067a6cf5c",
  "block": 61662497,
  "trx_in_block": 91,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-02-16T05:42:57",
  "op": [
    "create_claimed_account",
    {
      "creator": "steem",
      "new_account_name": "binochet",
      "owner": {
        "weight_threshold": 1,
        "account_auths": [],
        "key_auths": [
          [
            "STM5oQzBgN7XYqwM5H6rnoZqxufTFRzZKpf9joS4Z2R5Atd8uyP2S",
            1
          ]
        ]
      },
      "active": {
        "weight_threshold": 1,
        "account_auths": [],
        "key_auths": [
          [
            "STM53xkUFPLKmAwACPVDLwSh7SMFaVtGgpNq3m8Anhe57cL4iZ3zF",
            1
          ]
        ]
      },
      "posting": {
        "weight_threshold": 1,
        "account_auths": [],
        "key_auths": [
          [
            "STM5jPnWpKM7K5DJLuhaWRMVg3S4wkzhiUWzwELPmT9NUeEGuLLJ3",
            1
          ]
        ]
      },
      "memo_key": "STM4znZMcd5xcjb52jmKHshxcRKM4MKrqEHKJAUdMCCoR95FBKRzt",
      "json_metadata": "{}",
      "extensions": []
    }
  ]
}