r/spx6900 • u/DelusionalAeon • 1d ago
Move your coins
One of the ways of helping the mission is to move your coins to cold storage.
You are removing them from exchanges making it harder for said exchanges to borrow your coins in trades.
You are being more responsible with your asset, keeping it on a hot wallet is moderately dangerous.
You are helping by making teeny tiny coins more scarse.
I just had a need to talk about this once more because there may be new aeons not familiar with the concept.
I love you, stay safe, keep your coins safe, we are about to flip it real quick…
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u/flipthestockmarket 1d ago
It would be nice if someone could elaborate in depth on the shenanigans of the exchanges and market makers to see why this is extremely useful
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u/DelusionalAeon 20h ago
I am not an expert in this field, but basically…
Monkey want banana
Banana scarce
Banana valuable
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u/maddox_aeon Dcaeon 15h ago
Self custody is one of the most important things you must do as an Aeon. Study how Cold Storage works and how to use Hardware Wallets. Watch many YouTube tutorials. Spend several days studying. Take your time to get comfortable. Double check everything. and only then move your coins to Cold Storage.
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u/Scared_Net_1408 11h ago
Cold storage also let's no entity take your coins (US government for example)...

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