u/ubermensch1001

I was on yoroi for years where I connected my hardware wallet and staked, etc. I also successfully claimed my NIGHT through the portal and had that show up on my yoroi page. I really haven't been in the loop on this and was looking to claim my full allocation of NIGHT tokens after this final glacier thaw. I have been holding ADA for years but I'm my interactions with the network are very simple, just looking to stake and claim NIGHT tokens and not messing around with NFTs, etc.

Looking for suggestions with the most simple and easy user experience and not something as complicated/intricate as Daedalus for instance. I don't need a mobile app, would just be using this on my PC.

I'm also looking to maybe really start getting into the Midnight network as well, so looking for a wallet that is friendly with this.

I was buying BTC heavily in the 60k range and even was able to scoop up some sats in the high 50ks. I kept a stack of cash in reserve but this big move in the crypto market has made me sit back and reconsider my options from here. I'm not particularly excited about making large purchases right now and feel that there is at least a decent possibility we see a big sell off sometime over the next couple months. We are near extreme greed territory and price seems to have stagnated here all while the crypto pump was being talked about on the mainstream news and every crypto youtuber is saying we are going to 90k+ by end of the year.

What are you guys thinking? My plan right now is to continue to sit and wait to see what plays out and hoping we get a sell off, if not I already have large positions in place.

I had my cold wallet connected to yoroi for several years before the hack we saw earlier this June. It was incredibly user friendly and easy to navigate. I also successfully claimed my NIGHT tokens through there and on the NIGHT claim website, so was looking to claim the full allocation of these funds later in the year, my final glacier drop is late November.

Looking to see what other wallets that are out there which are similar to yoroi, very user friendly, etc.

It's absolutely amazing how many people post on here that know NOTHING about how the crypto market works. No concept of how alt seasons work, that alts pump off hype and euphoria instead of "fundamentals". Everything points to these people having bought at incorrect prices in the market, so if a certain project is down, it means it's bad or not going to increase at all.

Then with the cold card incident you had a bunch of trolls talking about how Coinkite was a completely relevant company in the hardware wallet space. Coinkite wasn't even in the top 10, had less than half a dozen employees and only a few hundred THOUSAND in funding compared to Trezor and Ledger with literally hundreds of MILLIONS in funding lol. There were trolls on here who openly admitted to recommending this wallet to people and still doubled down by saying it was a reputable company lol.

Whatever you see posted on here, you should do the OPPPOSITE of what they suggest lol. It's crazy to think that someone new to this space would probably find this forum and get easily lead astray, it really makes me wonder how many people were messed up by taking this place too seriously.

I honestly don't even know why I post anything remotely serious on here; it's a complete waste of time and energy on a place filled with people that are outright trolling or just coming on here for the sake of arguing. I also suspect that many of these people could be bots or paid actors to shill certain projects or products, like the ColdCard, OR spread FUD around the market itself or perhaps a specific project. Very weird stuff.

I connected my Ledger wallet to yoroi years ago to set up staking. Late last year I also successfully claimed my NIGHT tokens on the portal website and that eventually showed up on my yoroi wallet airdrop. I was in no rush to redeem these tokens and was originally planning on doing so after all 4 glacier drop phases were completed. However, with the secondfi/yoroi wallet hack I obviously cannot do this and want to know what my next steps are. I've been very busy the last few months and been out of loop, so I'm not up to speed with what to do with this.

I've been in the BTC/crypto game for a long time and was able to add a lot to my positions this year. I was specifically buying BTC heavily in the 60k range and even was able to stack some sats in the high 50ks.

I had a 20k bonus that I knew I was going to be getting in August and I planned on throwing all of that into BTC when we were in the low 60ks. However, by the time I actually had that show up in my account the market ripped hard lol. I'm expecting some sort of retracement within the next couple months but it really sucks to have not been able to allocate these funds into my portfolio as I wanted to.

If the market continues to rip hard I'll probably just keep the cash and maybe go on a nice trip or something next year. Annoying af but my worst case scenario is still a win lol.

I'm in my 30s

I grew up in the Boston suburbs, the particular town I was from just about everyone was at least living comfortably upwards towards being very wealthy. No one gave a damn about money, so buying expensive clothes, cars, accessories, etc. was not really a thing.

Anyway, I've relocated a couple times throughout my twenties into my early 30s and spent some time in the Phoenix area, pre COVID times. I was around the Scottsdale area in particular and knew a lot of guys around my age and many of them were big into the nightlife scene. It was all about creating this image of being a big shot and I immediately picked up on it being "fake". There was one guy I knew of around my age that always had some sort of BMW or Mercedes that he was rotating new, would spends thousands at bottle services in the VIP lounges at least once per month. Expensive watches, shoes, clothes and was super active on social media, particularly instagram haha. A guy I was friends with at the time was fairly close to this dude and I asked him point blank if he actually had money or if it was all a bunch of b.s. He told me the guy had a fairly regular job but would work a shit ton of overtime to be able to afford his lifestyle to fit in with the crowd he associated with. I found it amusing because the guy was sacrificing a lot just to impress and be accepted by a bunch of people as fake as he was.

So, the question I have is the scene in Miami similar to what I mentioned here with Scottsdale OR is it something totally different? I also get the feeling the chicks in the Miami scene are basically just a bunch of escorts that are exclusive to a "rich" guy so long as he can provide lol, not sure if this is accurate

I've been watching some poker vlogs today, Brad Owen for the most part, and he's playing in these high stakes games, 25/50 and 100/200 for instance.

Brad for instance would talk about a certain player being a pro and mention avoiding him for obvious reason. What I don't understand is who the hell is actually sitting at tables with these types of buy ins that is NOT a pro lol? I totally get why a solid pro with a deep bankroll would be sitting down at tables like this, but if the whole table is filled with pros it's pointless. This means that there are enough "fish" or "whales" at these tables for the pros to show up. We are talking about buy ins of 5k+, so are these people literally just showing up to Vegas and blowing 4 or 5 figures gambling? Or are there actual "regs" that are awful that show up on some sort of consistent basis playing these bigger games and basically just donating to the pros?

Most of the rooms I've played out have 1-2 or 1-3 up to maybe 5-10, one night per week at a particular one they have a 10-20 game but that is the exception and not the norm. I don't live in the Vegas area, obviously.

I get why people enjoy playing poker and having a fun night out, but there are a very tiny number of people who actually have the financial means to be blowing 5 figures on poker in say a one week vacation to Vegas. Out of the people that can afford this, only a tiny number play poker.

Making some moves today, but the reality is that this will likely continue to chop around the lows here for a couple more months. Me personally, I'm hoping to see a leg down leading to a slightly lower low or at the very least revisiting the high 50ks or so to be able to deploy the remaining cash I have in reserve. This bear market is getting very close to being done and it will not take long for things to turn bullish again. There's a lot that can happen within the next 12-16 months, I wouldn't be surprised to see BTC break back above 100k within this time frame and flirting with the ATH or even setting a new one.

I have a large amount of cash still in reserve to make some major moves over the next 2-3 months. I'm approximately 75-80% BTC and been in this space for a very long time. This year I've primarily been buying BTC in the 60k range, February and June were my heaviest months. I also scooped up a bit of ADA earlier this spring at these bargain basement prices but given I have a large position in that I'm thinking that will suffice for now. I also have some ETH but not super excited about that, would rather just buy BTC instead.

However, Solana is an alt I'm considering now and wanted to see what others on here thought of it. I'm also thinking about keeping things simple and just being 100% BTC with the remaining funds I have, but open to other possibilities as well. Just looking to take my time here and weigh my options, not in a rush to make a decision.

I have a sizeable amount of cash still in reserve that I'm looking to deploy later this fall, especially if we get another leg down.

I'm primarily a BTC maxi and been holding for a very long time, it makes up about 75-80% of my portfolio. The rest is ETH and ADA that I'm staking, both of which I've also had for a very long time. I have a VERY large position in ADA that I've had for a while now and I thought about loading up more because it's unbelievably cheap. The fact I could buy 50k ADA for less than $10,000 at under 20 cents is a crazy entry when it was trading at above 50 cents for almost all of 2025. However, I'm also a bit concerned about overexposing to just this one particular alt, which honestly gives me pause to reflect upon some other options.

I'm most likely going to invest at least 50% of this remaining capital into BTC but I'm considering either Link or Solana. I really am not too sure which one I want to go with here, Solana in particular I like because of it's staking rewards but LINK being under $10 I see as a solid entry point. I think both have a good amount of potential going into 2028 and beyond.

However, there's also a part of me that is thinking just going 100% into BTC just to keep things simple. I don't want to overspeculate on alts and looking back on my many years in crypto I would have been way better off just being 100% BTC the entire way through.

I lean more towards being a BTC maxi, portfolio is roughly 75-80% BTC that I've had for a while now. The remainder of my crypto portfolio is ETH and ADA that I've been staking for a long time as well. I have a stack of cash waiting in reserve if we do in fact have another leg down from here and while I was originally planning on allocating 100% of it into BTC I'm considering the possibility of making some moves with alts, as they are quite cheap right now.

Looking to see what you guys are getting into here.

Was holding 309 shares and spent a lot of time debating whether or not to hold and let them ride or sell and reallocate into BTC/crypto. After some thought I decided to sell and was able to do so at roughly $66.40/share, for $20,500. Very happy the stock has done incredibly well since they were first distributed back in early 2024, and with the crypto market as low as it is right now it felt like the right move. I ended up getting way more back from this bankruptcy than I was expecting, and with still more distributions coming in I'm very thankful that this turned out as well as it has. I remember 4 years ago right after Celsius filed for bankruptcy I legitimately thought that all of my funds were gone and that I'd get nothing back, crazy to look back on all of this and the roller coaster it put us on.

Just wanted to say thanks to the people who made valuable contributions to my other threads pertaining to the debate I had between selling or holding.

I have a little over 300 shares, mostly been hanging around $20,000 right now that I am quite happy with.

However, I'm seriously debating whether I should just let them ride OR sell fully and reallocate into BTC while it's trading at the 200 week. I would be able to accumulate roughly .3 BTC right now if I were to do this, which is nothing to sneeze at, crazy to think in 2020 this would have been $3,000 or less lol. Let's say in 2028 BTC is at 300k, this .3 is now worth $90,000. I won't even get into longer term stuff, but this is a very realistic price target in this given time range.

Now, for my shares to be worth 90k they would be valued at approximately $300/share, rounding for simplicity. That's close to a 5x in price from here. What exactly would have to occur for this to even happen and is this remotely realistic?

My biggest reason to consider KEEPING the shares is because of the AI arms race between China and the U.S and how they want to invest an unbelievable amount of money into this ecosytem. The issue is this capital doesn't exist, so it means some sort of massive liquidity injection to make this happen, almost like a COVID stimulus 2.0. BTC absolutely thrives in this type of environment, so it will just run along with the AI stock.

Right now leaning towards selling the shares and buying BTC but I told myself to give it some time to think it over. I currently already have a very solid crypto portfolio, which is why I'm considering both options.

Just lol at the trolls coming out of the woodwork on here doubling down on the idea that Cold Card was a reputable company and that there were no signs of issues. Then it comes out that they were recommending this wallet to other posters on here and boom, look what happened. That wallet was shilled all over the place on this forum, a wallet that wasn't even in the top 10. None of this would have happened if these people had just stuck with the basic top wallets, and to top it off a Cold Card was expensive AF compared to the others. Are the other wallets perfect, hell no.

To all of you who recommended this garbage wallet, stop posting about crypto and just mind your own damn business, it's obvious you aren't to be taken seriously.

Everyone on here has obviously heard about the Cold Card hack, where the seed generation with their wallets being incredibly weak and predictable. I've also been seeing some things that suggest the company was aware of this "bug" years ago but yet did nothing about it. It's also interesting to me that it was so heavily shilled/marketed here on reddit.

With this out of the way, here's what I'm seeing with this event.

From what I've seen with a recent update, there were almost 5k wallets drained with a total value over $100m. These people otherwise did everything right but because of this garbage wallet that they used they had their funds essentially vanish. There were even some with short passphrases utilizing a couple words that also were victims of this as well, so people that would have taken some extra steps to try to protect themselves. While this is incredibly unfortunate for these individuals, the panic/freakout over self custody I'm seeing right now is severely overblown.

People are starting to question whether single sig wallets are sufficient and if they should use a passphrase, multi sig, etc. I also can see this event being taken by the media and tradfi institutions and used as a tactic to scare people from utilizing self custody and instead moving to ETFs and other BTC/crypto products. I understand the fear and uncertainty, but there's something that many on here seem to be missing.

As mentioned, this Cold Card hack drained approximately 5,000 wallets. Meanwhile, there are over 22 million BTC addresses with $100+ and 10.4 million with $1,000+. You had this garbage wallet that drained a number of addresses that is MINISCULE compared to the total number of addresses with $100+ worth of BTC in self custody. 1% of 22 million wallet with $100+ in BTC is 220k addresses, so this hack represents approximately 0.02% of these addresses, 1 out of 5000.

Instead of buying from one of the top companies that have sold millions of units (Ledger, Trezor, Tangem, etc.) these people bought some basically no name wallet that ended up having major flaws related to security. A Cold Card was also $250+ from what I saw, when you could have bought a basic Ledger or Trezor model for around $60 or so. The company according to the page I linked below also has a whooping 5 employees as of June of this year lol, to put this into perspective Ledger has over 800 and Trezor with over 200.

Coinkite - 2026 Company Profile, Team, Funding & Competitors - Tracxn

You are more likely to lose your crypto wealth/assets through user error when setting up and/or losing your seeds. If you are concerned about security, consider adding a strong passphrase to your primary seeds.

IF something like this had happened to one of the big cold wallet companies though, the ramifications for the broader crypto space would be enormous. With this said, I do NOT think that the general public will be utilizing self custody as we get into the 2030s and beyond, they'll primarily be boarded onto the crypto train through tradfi institutions.

I've been using my ledger for YEARs now and when I first set it up I was fairly paranoid about it lol. I made sure to verify that I had recorded the seeds correctly by bricking the device and restoring it, I've also done this on another wallet I bought as a backup because my original one was getting old. I knew NOT to expose this to the internet, no pictures of the seeds with my phone or keeping it on a computer file. I've also set things up where for someone to get physical access to the copy of my seeds would be virtually impossible. The pin code on my device is also a number no one would be able to guess, so it's not like some random thief would be able to access the funds that way either.

However, when I first set my wallet up I did NOT use a passphrase, at the time I didn't think it was really necessary given all of the other security parameters I had taken place. I was honestly more concerned about either losing the seeds themselves OR where someone would physically be able to get access to them, I never considered the possibility of the seed generation being potentially exploitable, like we saw with ColdCard.

I'm thinking about using my original seeds but then adding a passphrase, I was reading that 6 words from the BIP-39 list is considered very strong. These are fairly easy to keep a record of, not like it would be orangemanbad34%$R% or something like that lol. Is this all I would need to do and then just send the funds from my old address to the new one? Also, if you are using say 6 words would they literally be one giant passpharse like Monday-Saturday all together or do you add them as separate phrases like you do with your initial primary seed setup?

I'm looking to prevent an incident like with what happened with Cold Card but WITHOUT overcomplicating things to where I could lose access to my funds.

After this major incident with Cold Card and reading about what happened I'm looking to bolster my security by implementing a passphrase. I'm currently using single sig on a ledger wallet that I properly secured years ago.

When it comes to setting up the passphrase, if someone were looking to protect themselves, or at least buy time, how complex should it be? Would a handful of words suffice or is that too simple? I'm looking to do this without overcomplicating it to where there's a strong possibility of getting locked out of funds.

For instance, you could have 7 extra words like Monday through Sunday- Or you could have these same 7 words and add a !$%&# to them, etc.

To me it seems like if the seeds are somehow exposed or non original like with this CC incident, a hacker would have to manually go through each wallet AND decipher the passphrases.

I've been posting on here about some of my sessions with this little poker hobby of mine playing 1/2. I have no delusions of making any real money from this, but it gets me out of the house and I enjoy it.

I buy in at the 1/2 table for $150, 75bbs. For about an hour and a half I'm getting dealt hands like QJ, KJ, A10s, etc. and completely missing the flop or just slowly bleeding with the blinds. After "playing" for almost 2 hours I'm down to approximately $62 and was thinking about just calling it a day.

However, I'm in middle position with pocket 8s and raise to $7, my typical raise with no limpers. The guy to my very left calls as do the sb and bb.

Flop is 854 rainbow board, so hit top set. Checks to me and I thought about betting here but I decide to check to see if the last player to act, a gambling type, takes a stab it, instead he checks. Looking back on this, I do think a small cbet may have been a reasonable play here.

Hoping to see a face card or ace on the turn but instead it's a 3 of diamonds, bringing in a flush draw and now a potential for straight draws. SB and BB check and I throw out a small bet of $7 to see if I get a call. Guy to my left then raises to $27 and the SB and BB fold. With such a short stack remaining, I more or less instantly jammed all in, as I was only behind A2 or 67 and still had outs to improve to a full house, but I wasn't putting him on that. He thought briefly but with such a small amount remaining he elected to call.

River is a 2 of diamonds, so both the flush AND an easy straight got there and he turns over KJ of diamonds for a flush.

I decided to just call it a night.

Most of my losing sessions play out something like this and not so much punting in a crazy spot. However, I'm wondering if there are some things I should reconsider here.