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— what's everyone doing about the MiCA cutoff on the 1st?(reddit.com)
So the deadline's basically here (July 1) and I keep going back and forth on how much it actually changes for me day to day. For the people who don't follow the EU stuff: after the 1st, exchanges without a MiCA license can't legally serve EU users. The number that got me was something like 210 of ~3,000 firms actually cleared it. Even Binance is apparently still sorting its license out after the Greece thing stalled. What I can't tell is how hard the cutover actually bites. Like is it "your account is gone July 1," or a slow thing where pairs quietly disappear and withdrawals get clunky over a few months? I've seen people claim both and I don't know who's right. I already pulled most of my stack to a hardware wallet a while back so I'm not too worried about the holding part. It's more the moving-between-things part — if a chunk of the smaller exchanges get cut, I'm probably leaning more on non-custodial swap stuff and DEXs, (eg tokensfund) which I'm fine with but the rates and the learning curve are real. Anyway, curious what people are actually doing. Sitting tight? Moving to a licensed EU platform? Going more self-custody? And if you're actually in the EU and have read more of the fine print than me, genuinely how worried should I be. submitted by /u/b4basit [link] [Kommentare]
Crypto Winter or Done(reddit.com)
I’m reading all of the FUD. EVERYWHERE. And I want to start this rant off with, THATS WHY YOU INVEST WHAT YOU CAN AFFORD TO LOSE. I am a BTC holder and ETF holder. If this drops more I’ll eventually be a MSTR holder. My question is are we in a crypto winter or is this the grand finale? I thought it was understood that BTC operates in a 4yr cycle? Well, technically, isn’t that where we are now? However, there’s a lot of people talking about how crypto is done. I’m hearing Institutions are involved so it’s manipulated. Or the US government has gone after all of the people who used crypto for bad so now all of those corrupt contributors are scared. What ever the case is. A decision has to be made. If you are anything like me, you are probably down in your position. If your anything like me you got into BTC because of the foundation of sovereign money, giving the power back to the people, my keys my bitcoin. And if that’s you, then hold on. This is no different from the previous 4 yr cycles. Why sell now? I’m down 40%. I thought 60k was support so I DCA’d. Oh well broke support? Ok once we get to the next level of support DCA some more. Rant Done. Invest what you can afford to lose. Sorry for any grammatical errors. submitted by /u/General-Ring2780 [link] [Kommentare]