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Topic: Where is your bitcoin balance at the end of the year? - page 3. (Read 539 times)

hero member
Activity: 2954
Merit: 796
If I store all my Bitcoin on a single wallet then I currently have >0.1BTC in my total balance. I don't want to mention the exact amount for privacy purposes but I’m on 0.1-1BTC range so far after I purchased last Christmas from the bonus that I get on my salary.

I’m planning to add more after new year when I received my converted unused vacation and sick leave from my work. I hope Bitcoin will dip a little bit more below 15K level for me to have a solid buy next year.
hero member
Activity: 1050
Merit: 681
So I removed the screenshot of my balance for my personal security.
I can still see your balance's screenshot in the quoted posts below the original post. You might edit them too and other members (@Nrcewker , @Helena Yu) who quoted the image should remove it as well.

Interesting, what is the source of that chart? does it include 100% BTC holders data? I am holding some BTC in a private wallet, will try to invest more throughout 2023.
You can find more on bitinfocharts.
Link: https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
Good luck for your future investments!
Having 0.01-0.1 btc is good but it is not easy to hodl.
Its easy if you dont look at it daily Wink
hero member
Activity: 3038
Merit: 634
If the question is asking all about where our bitcoin has been kept, it's best to put it to wallets where you have completely control of the keys and you have it. As said, to a hardware wallet which that's where I'm also keeping mine.

But still, it's best to remain lowkey and to be secretive if this is the topic together with the question of how much bitcoin you've got.

This is where we're going to give importance about being anonymous for some important reasons and not too vocal about our bitcoin holdings.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
Interesting, what is the source of that chart? does it include 100% BTC holders data? I am holding some BTC in a private wallet, will try to invest more throughout 2023.

The source is most probably https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
However, since bitcoin blockchain is public, anybody can make such a chart.

You seem even more confused than OP.
What you mean by "does it include 100% BTC holders data?" - I mean, do you think that bitcoin's blockchain cares (holds info) about any other assets?!
What you mean "I am holding some BTC in a private wallet"? Aren't all wallets private?! If it's a proper wallet, each address of yours will be counted in that list. If it's a custodial wallet, then it depends on many factors and, as I wrote in my first answer in this topic, in that case that's not your money anyway.

You should really read more, and you should focus on real info, not the exchange platforms' advertising.



Anyway everyone here suggested me to use hardware wallet but unfortunately till now I am not able to use hardware wallet.

Just think like that. You buy a device at under 100$ and it can hold any amounts of coins safely. Plus it's very easy and straightforward to use.
(Of course, depending whether you want to also hold shitcoins on it or not, you may have to be careful on what you buy.) Make a list of questions, ask if needed, clear up your mind and get your coins into safety.
hero member
Activity: 2604
Merit: 816
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I have a balance in my wallet but it's my secret Grin

I'm trying to be a hodler besides buying more bitcoins at the moment and also, I sometimes trade if the market is going well. And my balance is not just in my personal wallet but I have a balance in the exchange I use to trade and the profits in bitcoins I send to that personal wallet.

Having 0.01-0.1 btc is good but it is not easy to hodl. So you need to have a strong hand because we do not know when bitcoin will increase.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
It is very true that if I do not own the private key/passphrase of my wallet then the balance or assets are not considered mine.  Unfortunately I have cryptocurrency stored on my Binance exchange and so far I have not used the hardware wallet.  But I have made a personal decision to hold my dollars in hardware wallets for years to come.

Don't be lazy and just purchase a hardware wallet as soon as possible. Though the rumours of Binance being insolvent is very likely to be false, do you really want to risk all of your funds? I'm sorry but that's just dumb and lazy.
sr. member
Activity: 756
Merit: 252
Bitcoin is about to end this year's journey through several hostile markets.  Many have invested in Bitcoin this year and many have sold Bitcoin.  Anyway, who has a balance at the end of the year?  My balance is in this range (0.01-0.1) and there are 5438179 total addresses in this range.  What number position is your wallet in?




Interesting, what is the source of that chart? does it include 100% BTC holders data? I am holding some BTC in a private wallet, will try to invest more throughout 2023.
LDL
hero member
Activity: 742
Merit: 671
Bitcoin is about to end this year's journey through several hostile markets.  Many have invested in Bitcoin this year and many have sold Bitcoin.  Anyway, who has a balance at the end of the year?  My balance is in this range (0.01-0.1) and there are 5438179 total addresses in this range.  What number position is your wallet in?



In fact as advised by many wise forum members here it is better not to present personal property.  So I removed the screenshot of my balance for my personal security.  Anyway everyone here suggested me to use hardware wallet but unfortunately till now I am not able to use hardware wallet.  All of your suggestions will guide me to tread more carefully in the days ahead.  Thanks everyone.
hero member
Activity: 854
Merit: 663
Although I don't hold a lot money, but I'm not fan of publish my money to let everyone know because it's privacy, I also think there's no point for me to show it because there's no benefit and I will just have a problem with it. You wouldn't know if your friend might envy with your money and then want to rob your money, even it's your best friends. This kind happen isn't new thing anymore where someone is start to begging when they know the person is rich.
legendary
Activity: 2338
Merit: 1023
DGbet.fun - Crypto Sportsbook
Are you a trader, or are you a holder? After all that happens with CEX, you should consider the risks of storing your assets on CEX. I know Binance is safe so far, but with so many Fuds surrounding Binance, we should also be more careful. Although 0.1 bitcoins may not seem like a lot of money right now, if you hold them for the future, they can become huge.
By the way, I don't like showing my bitcoin balance for some reason, but I'm sure my bitcoins are safe in my wallet now, and I'm still continuing DCA instead of selling it.
copper member
Activity: 2268
Merit: 539
LuckyDiamond.io - FLAT 50% Deposit Bonus!
My balance (BTC)



I guess many of us won’t be comfortable enough to share their balance details here in the forum. I mean it’s completely a user’s choice and there’s decision. Moreover OP I can see that you have your balance in an exchange, probably Binance. So let me tell you my friend that this is not safe at all. You didn’t aware what happened with FTX ? So as long as you have your balance in an exchange, you don’t own it completely. So move the BTC in any hardware wallet or paper wallet.
hero member
Activity: 742
Merit: 633
My balance (BTC)


Just a heads up: potentially risking yourself due to exposing your holdings aside — if you don't actively trade your bitcoin, it'd probably be the best idea to withdraw your funds to a reputable hardware wallet(Ledger/Trezor).

https://cryptosec.info/exchange-hacks
No need to remind @OP to transfer his coins to hardware wallet, he was recommend it to anyone in the last month, but he's the one who not hold it on hardware wallet lol. So we can assume @OP is have 2 mentalities here Roll Eyes


1. How can I keep my Bitcoin safe?

Day by day people are losing faith in the exchange after the FTX Centralized Exchange was hacked.  Now people don't want to store their cryptocurrency on centralized exchanges.  So they want to choose trusted wallets as an alternative to centralized exchanges.  A trusted wallet usually refers to a hardware or cold wallet.  Because the private key of the hardware or cold wallet is usually controlled by the user.  So there is no possibility of hacking.

Some hardware & Cold wallets...

Ledger Nano S
Trezor M1
Safepal S1
Steel Bitcoin wallet
Trezor Model T for Next Generation
Secux W20
SecuxV20
D'CENT Biometric wallet

Ellipal titan Bundle
Ellipal titan mini
Coolwallet pro
Atomic Wallet
KeepKey
Armory offline bitcoin wallet
Bitbox


legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!

1.
I agree with Edwardard. You seem to be misled. You say you're counting your balance, but you show the proof that the money you're counting is in others' pocket (in this case, Binance's).
That's technically not your money. That's money Binance has promised they will give back to you if you will withdraw. But you know, promises can be broken...

Most of my balance is in my own wallet. I won't lie, I have some at a centralized platform, but the amount is much smaller than yours.

2.
The chart means almost nothing in the context you've written, since a wallet can have more addresses and your chart is about addresses and not wallets.

3.
You should learn that it can be dangerous to tell publicly how much bitcoins you own. Internet is not forgetting and if bitcoin price jumps to $1M soon enough you may end up with bad people looking for you to get your coins that would then worth already $100k...
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
My balance (BTC)

*removed*


Just a heads up: potentially risking yourself due to exposing your holdings aside — if you don't actively trade your bitcoin, it'd probably be the best idea to withdraw your funds to a reputable hardware wallet(Ledger/Trezor).

https://cryptosec.info/exchange-hacks



EDIT: screenshot removed for privacy reasons
hero member
Activity: 1050
Merit: 681
Anyway, who has a balance at the end of the year?
Almost everyone in this forum got a balance Tongue

My balance is in this range (0.01-0.1)
That doesn't count as "your" balance since the screenshot you provided looks like from an exchange (probably binance) and hence, you dont hold the keys so they are not "completely yours" yet.

and there are 5438179 total addresses in this range.
Even more. Just like your BTC being in binance doesnt count, there are a lot more ppl like you holding their btc in exchanges. So the number above is not fairly accurate.
LDL
hero member
Activity: 742
Merit: 671
Bitcoin is about to end this year's journey through several hostile markets.  Many have invested in Bitcoin this year and many have sold Bitcoin.  Anyway, who has a balance at the end of the year?  My balance is in this range (0.01-0.1) and there are 5438179 total addresses in this range.  What number position is your wallet in?



Screenshot from: https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
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