BTC

HighDefinitionFool

u mean 10,000 BTC? yeah should be cool.

PeachScary413

\> selling BTC Yes, that's exactly what's going to happen (or is already happening). Problem with that is that it will destroy this "hodl forever, I will never sell" narrative that Saylor cultivated on the way up... like he really fucked himself and BTC in general and if he starts selling into a downturn it will most likely result in a negative spiral for the company. It's a lose-lose situation I'm afraid... it's gonna end like how it ended for Saylor in the Dotcom bubble.

weed_cutter

My shits are finite. Doesn't mean they are valuable. Like I will not produce more than 200 pounds in my lifetime. Finite. Oh, there are other shits? YEs and there are millions of other crypto coins -- ah why bother. BTC is finally cratering --- enjoy the fall!!! Don't worry, your crapola will still be scarce; only, worthless!!

juanddd_wingman

Only Bitcoin, BTC and sats

BoringPrinciple2542

Back of the napkin math… Currently MSTR holds 649,870 BTC. If we assume $70k BTC price we are looking at $48.74B while MSTR’s Q3 reported total liabilities at $15.5B. Saylor might run into problems but unless we see BTC REALLY crash I don’t think they’ll have issues on that front.

Ok-Dimension-7859

If you are sure that btc always goes up…why don‘t you go all-in then and become a billionaire? While I am a btc holder, there is a real threat that btc never reaches 100k price tag in our lifetime. In Germany we had „Klammlose“ prio to BTC. At one point kt was wort hundreds of euros. Then im plummeted and never recovered again. Today it‘s worth nearly nothing. For 1 EUR you get billions of klammlose

Internal_Day186

Levier à 118k ? Frérot, t’as pas acheté du BTC, t’as acheté des palpitations cardiaques.

RandomJoe7

Yes, I bought a top 5 alt coin in 2017. It only reached about half its ATH in 2021, and is basically dead now. This cycle I only bought BTC/ETH in the low of the bear market. Then sold all of it last month. Now I have much more liquidity to re-enter in future, compared to if I continue holding BTC/ETH (already down over 30% from when I sold). Also I regret buying ETH (I only bought it because it outperformed BTC in 2021), it did much worse than BTC this time around. So going forward: only BTC, no alts at all - they're all hyped shit.

RandomJoe7

I disagree. I've been the hodler, held on to my bags for 8 years - it was a big mistake. I always had the "hopium" of "what if...". It's also called greed, and it's never good to get greedy. If I would have taken profits along the way, I would have had so much more to invest this cycle. This cycle I finally decided to not be the "DCA into falling knife, HODL my bags and be exit liquidity for others" guy, but instead I bought once at the low a couple years ago during bear, and sold last month on a high. Simple. All I did was zoom out to the max on BTC chart, saw that it was shaping up to look exactly like the "double top" in 2021... I knew it was over and about to go down, so I sold everything. Fast forward a few weeks, we've lost 30%... and it will go down further (with the occasional dead cat bounce). Even if I wanted to get back in right now, I could put in the same amount of money and get a lot more BTC for it. Something I could never have done if I didnt sell. The good thing about taking profits: you have something to show for it. It feels good, it is objectively good. Worst case: you can never reenter that cheap again - but at least you still made profit. And there's always 100's of investment opportunities out there that you can enter at any time. The opposite is true for HODLing: your losses get bigger and bigger, harder to recover, you miss out on opportunity costs in the years you HODL to invest/gain interest in other areas and you never have anything to show for it. I've been on both ends, and this time it feels so, so, so much better.

RSI-Watcher

Relax. The more it dips, the more furious the rally will be. BTC isn't going away. Add a little at a time as it dips.

SLVOandUSOIstocks

Buy BTC Bois! Also buy TSLY.

RosieDear

I have never held larger amounts of BTC more than a few months..maybe a year. We bought simply because the world was falling apart (Trump first POTUS). Bought some Gold Too. When it doubled in a few month I sold 1/2. It doubled again and I sold 20K or 30K. Then nothing....a few years later it still had some in it so I sold 20K, the rest (small amts for transaction, etc.) is still in there. Same for Fidelity BTC fund. Bought it and it was up 25% in a few months. Sold it all. Bought some recently - it was up 5% in a week, sold it all. I'm not going to lie and say I am a trader or got rich off crypto. I'm holding some now - in the end it might match what I make compounded in the stock market (11%).

HanstheBelgian

FOMO. Just like more people started buying these past few years, those same people are afraid they will lose short term. They clearly didn't take the time to truly understand BTC as they are the folks that only focusing on getting rich quick.

markr9977

If you even know how much you're down, you're panicking. I use all time highs to calculate my net worth so it's $126,000 \* #BTC.

Juicet

BTC does not suffer the wash sale rule, at least in the US. You can buy back in the exact amount you lost. So if you bought 1 btc at 120k, it drops to 70k, you can sell, record a 50k loss, then immediately buy your btc back.

FoompaDoomp

"Just like every run-up, this is sentiment." Literally every fluctuation in value of BTC is sentiment. It's not like stocks where you get a share of earnings; there is no fundamental value beyond what other people are willing to buy the thing from you for.

RosieDear

Since I followed my own advice and never had more than 5% in crypto (and mostly BTC), if I lose the whole thing - other than feeling a little bad, no problem! That's the thing. If a person has saved over 35 years or more of their lives and invested in the stock market (avg return over 10% compounded), they don't have much to worry about. My "BTC loses" (not realized, but they at most would equal my gains)....are offset by returns on just Goog in the last year (60% or more). But - of course I know that most Crypto bros want to get rich without working so unlikely most are in as diverse a position! That's really the key. Anyone who doesn't want to work hard and smart to make a living - well, you'd already written your future in the Book of Life.

Thankyouclouds

Friendly reminder to cold storage all of your BTC that is on exchanges, let's do all we can to help keep this rally going

404PoptartNotFound

Feels like it wants to break out so bad right now, come on BTC, you can do it!

WeWuzSatoshis

GROK: This is a screenshot of a Reddit post from the r/Bitcoin subreddit posted about 7 hours ago by a user named u/Live_Abroccoma_4606. The guy is basically having a full-on panic attack about Bitcoin’s price dropping hard in the last few days (as of late November 2025, BTC has been sliding from its recent highs around $108k–$109k down toward the low $90ks and even briefly touched $91k today). He’s asking: • “Is it gonna keep bleeding for the rest of the month?” • “Or is there a good chance it rips back up before December?” • He’s torn between FOMO-buying the dip right now or waiting, and the comment section is the usual crypto circus of “buy now or regret forever” vs “we’re going to $60k, sell everything.” Classic Bitcoin subreddit energy: half the people are diamond-handing HODLers screaming “this is nothing, zoom out,” the other half are paper-handed doomers predicting the end of the cycle. It’s the same script every single dip since 2011. In short: someone freaking out because their orange coin went on sale and the comment section turned into a bipolar support group.

dugmaz

Thank you for your service 🫡 BTC will rebound, keep stacking but diversify as well

HemiSync

I think Strike allows you to purchase BTC instantly with your deposit, you just can’t send it outside the exchange until it clears.

Maddinoz

Meanwhile billionaires setting up treasuries in BTC, Eth, ZEC In time, BTC has only gone up This market / dip is an opportunity for the patient who see it as such and have the risk appetite for volatility

AgreeableDonkey87

When BTC is up to ATH I can show everyone my nice and shiny account. When it is down I can get BTC at a discount. I keep DCA into crypto (mainly BTC) with only ~10% of my investing contributions so I don't care what the market does on a daily, weekly, monthly or even annual basis.

Organic_Football_617

Sticking with BTC sounds safer and steadier.

jhericurls

BTC about to round trip this in 1 day, from 90k to 80k then back up to 90k, fucking both bears and bulls.

malte_brigge

Maybe so. If I had reached that level of BTC wealth, one of my biggest concerns would probably be my personal safety. Cashing out will allow him to put his funds in assets that have more safety guarantees and maybe hire some bodyguards for himself and his family.

malte_brigge

Meanwhile BTC dropped to $81,000 this morning.

Lost_Scale6505

That would make some real sense and be helpful. At this point BTC hit $120k which is insane, can’t deny. The question is does it go past that this cycle or no. Ideally it should but the global economy is fucked and fear to greed is under 10 which is not good. Either the whale are trying to wipe off small scale traders and liquidate everyone so that they have more to buy for themselves and then pump the market to make insane profits? There could be endless analysis and projections but we all know time is the only answer!

biba8163

Damn, the almost ~$1 Billion outflow in BTC ETFs yesterday at this price range is pretty shocking. This appears very different from when we bounced off $75K on April 8th and we only had $120M - $150M in outflows on the April 10-12 and then almost consecutive ~$1 Billion inflows on April 23rd and 24th. Not jumping to any conclusions. Just observations.

malte_brigge

I'm neither buying nor selling as it stands. But I would certainly have liked to see BTC keep going higher. I might have sold at $150,000 or $200,000 or $250,000.

malte_brigge

Could be fears over quantum risk, could be doubts about Core v30 (BTC has pretty much been down-only since its release), could be the fact that Bitcoin isn't private and seems unlikely to add privacy any time soon (or maybe ever) while a big privacy meta is happening now... Discussing any one of those things would have been far more interesting than having dozens of low-IQ people launch personal attacks on me for having pointed out what's going on. Are you saying that this volume of selling by Bitcoin whales who have been hardcore hodlers for well over a decade *isn't* likely to contain any signal worth paying attention to?

HeavyHittersShow

How come you measure your on paper losses in dollars and not BTC?

Abject-Stretch-1187

No it doesn’t mean the cycles would end faster. It would mean cycles won’t exist. The broader market don’t have cycles calculated by specific or defined years so why should BTC?

Horror-Badger9314

Yeah. I’ll only buy BTC from now on. I’ve seen enough

BitChuck

An index fund versus BTC appreciating at least 20% annually... do you know what sub you're in?!

Selmemasts

Yes, that’s why I’m saying that I think they would create more debt (convertible bonds) before they skip any dividends. Maybe they would even consider selling a few BTC before considering skipping dividends. They would definitely do anything they can before liquidation, including downsizing the treasury

dca-bot

Focus on BTC and think about DCA instead of lump sum

malte_brigge

You can see by my post history that I'm not, no. I have been hodling BTC (and other crypto, oh no) for years.

Adept-Ad-738

Yeah I would just keep stacking. If you’re feeling nervous / worried - diversify your investment portfolio so that you’re diversified across multiple asset classes. You should never worry too much if one of those asset classes is down / up. The technology of BTC is not disappearing anytime soon, and adoption continues to increase

brainfreeze3

more like it's no different than those saying BTC to $200k

IndustrialPuppetTwo

You won dude, you are doing fine. My suggestion, don't ever buy alts again, stick with the king and the king is BTC. We are heading into a bear market, YAY! I love bear markets. The low will probably be some time next year. I'm same age as you. My plan is to time the low and go all in on the ten year plan.

ccModBot

Thank you for submitting to /r/CryptoCurrency, Your post has been removed because there are already 14 posts about BTC in the top 50. You may post it again when the topic is no longer at the limit. ---[**Click here for a link to view the current limits**](https://www.reddit.com/r/CryptoCurrency/wiki/topic_limits)--- *I am a bot, and this action was performed automatically. Please contact the [moderators of this subreddit](https://www.reddit.com/message/compose?to=%2Fr%2Fcryptocurrency) if you have any questions or concerns.*

WorkN-2play

This was the idea of BTC no one knows creator so neutral ground.

Aerocryptic

Yeah I never keep much coins in the bear markets and always try to start fresh near the bottom. BTC's security model will probably become a concern when the hashrate start to decline over a couple of years. I doubt anyone will care about it until there's a clear trend that is emerging

BTC_Werewolf

When most of it is in BTC, I should probably give a fuck.

BTC_Werewolf

Most of my TNW is tied up in BTC, and I'm not young.

Smooth-Actuator-529

A lot of people gonna get hurt badly with BTC.

pukulu

Yea, I just got in without any idea about crypto and was buying whatever was in hype. Unfortunately, I’ve returned from abroad and can’t DCA anymore. Would’ve invested in BTC. Btw, I’m also from an South East Asian country where Crypto is illegal.

HemiSync

Naw, nothing but BTC dipping into $80k range at 0723EST today giving everyone another buying opportunity.

zoppytops

Or it’s just someone with a long-term investment horizon. The truth is the price drops we’ve seen over the last few weeks are pretty normal for BTC and ETH. If you’re treating BTC like a long term asset and one component of a balanced portfolio, this is just noise and a good buy opportunity. It’s the short term investors who have over allocated to crypto looking for a quick buck who are freaking out. The same thing happens in the equities market. Stocks go up and down. If you’re DCA’ing for the long haul, you stay disciplined and stay the course.

reversenotation

BTC will rise & fall and this cycle will repeat over and over that is what volatile assets do

Vinnypaperhands

No way were things euphoric at 120. It was basically seen as a given as BTC at minimum does a few multiple every cycle. I've been in BTC since 2017. Last top was 69k. Being at 126k just felt like the price was catching up to where it should have been. Shit, last cycle I think BTC should have hit 150k. I may have been a little too bullish but then again, BTC is such an important asset and I can't really grasp why it's not 200k plus at the moment. At the end of the day it doesn't matter, I've been here and I will continue to be but this cycle and last have been crazy disappointing.

justlukedotjs

What we are seeing now is completely normal for BTC let alone crypto. In terms of trend lines, if we take the conservative uptrend from Jan '23 to Oct '23, we should really only be at about $53k atm. Taking a more "positive" trendline from Feb '24 to Sept '24, we should be at $79k atm. In both instances, we are still above what is expected. A correction to the more conservative trendline, coupled with support levels... $49k-$53k in not out the question. In saying that, the current daily is showing a *p*otential *capitulati*on bottom. The next few 4hr candles will show whether there is a bounce back, then, monitoring buyer volume is going to be absolutely crucial. I'm looking to catch the bounce if it shows up, and then either ride the wave up, or sell if buyers drop off quickly ... set your stop losses now. The last time we saw a RSI this low on the daily was back in February. We're either riding back up for a little while... or we're going for a little dive.

Adept-Ad-738

If you’re expecting to invest for 5+ years and have emotional stability to not freak out over fiat price - I would say it’s a great time to stack BTC

biba8163

If BTC goes to $60K a "portfolio" of shitcoins is probably going to lose a lot more than 50%

NadlesKVs

Click-Bait If you are leveraging 1.3 BTC, I hope you can afford to get liq'd, within reason.

vasco_

You know that when the price of BTC drops now and then that is actually a positive thing for Strategy because it lowers their average buying price. Obviously the idea is that it needs to go up again.

Vinnypaperhands

Idk man. 2021 top was extremely disappointing and this cycle .... I like to think it's not over but God damn is sentiment shit and we had absolutely no hype or euphoria. BTC didn't even 2x. I love BTC but damn is that crazy disappointment.

diradder

> You're correct in general for more stable markets (which BTC will become more and more going forward). In the past, and still currently, and probably another cycle or so... I don't think people should "always DCA" with BTC The whole point of DCA is that in fluctuating markets you don't use emotional and/or retrospective (fundamental or technical) trading, it can be applied even in very volatile markets like Bitcoin. The only fundamental analysis you're doing is that the asset you're getting into has value/use cases in the long term, and thus you need to acquire more of it at a regular pace. > and I think you should never do it with alts. That we can completely agree on... although I can't blame people falling for the marketing schemes of some of these projects. In a way if they did DCA into these maybe they would lose less before they realize how fake/scammy most of them are. > But again, this is what we've learned from the last several cycles, it obviously might be different going forward (but in my opinion will be similar again for the next cycle). The bears and bulls will become flatter though as the market matures, less gains will be made. We are right now in a situation where previous "cycles" are being brutally tested/broken by unexpected economical instability and (hopefully) once in a lifetime crazy leadership in the most powerful country in the world... meanwhile I kept DCAing for the past decade and didn't have to worry about any of these, I merely stay informed about these "predictors" because I find that interesting. The number of different cycles/predictions I could have listened to and made irrational/emotional trades over keep convincing me to keep it simple with Bitcoin.

Abject-Stretch-1187

You are still relying on past cycles? lol Dude BTC might close below 93k at year end but you traders and market timers are so blinded by patterns that you can’t recognize that you may be led astray by said pattern lol 

Adept-Ad-738

What volatile market are you talking about? As Bitcoin adoption increases, the price will stabilise more and more. That is literally how adoption works. There is nothing to create volatility once BTC reaches mainstream adoption - it will simply be a free market where the price of anything is based on supply / demand for a particular service or good. You need to learn BTC / understand the technology and why adoption is steadily growing. There’s a reason countries are establishing BTC reserves. History repeats itself as well. When the USD collapses people are not going to invest in a currency that requires a third party to facilitate transactions / provide trust when there are decentralised currencies that are inherently trustworthy by default. Watch your savings disappear whilst people continue adopting digital currencies

whisperedstate

Bitcoin the idea, the concept, was revolutionary. In 2013, there was a culture of heavy experimentation even within Bitcoin. In a different timeline, Bitcoin could have just become what Ethereum is today, and there would be no contention. It would have been 99.99% of the crypto marketcap and basically a network on the level of the internet. But instead, Bitcoiners chose religion when their God Satoshi left. They vowed that the system must never be changed because it is sacred, and slowly any thought or idea of improvement became blasphemy. This is why Ethereum was created. And yes you're right, it was funded with BTC, because even though there's deep disagreement, there is also respect for Bitcoin. But what it is today is a shadow of its 2013 self. But the price is good, so what can be wrong??

Boring_Clothes5233

The funny thing is BTC is supposed to be the future currency? How unstable can you get?

One-Tower-8843

I will enter of BTC hits around 55 -60k. Then I will start to DCA.

Chilloutmydude6

Really a question about what BTC is hahahah no one understands BTC they just think they do. Ask anybody

snoughman

"and then bitcoin rallied to levels that we never imagined." Where tf were you? People have been talking about $150k, $250k, even $1m BTC. This is the dumbest post of copium I've ever seen. BTC will drop, a lot, and it will run up, a lot. This is how you make money in crypto. Volatility is the name of the game.

tj78492

Something blew up 10/10 and is being forced to sell BTC. Only thing that makes sense with this PA

bananabastard

So it looks like we're having the downside of euphoria, the sobering crash, but without the actual euphoria part. I'd contest the idea that the ETF news brought BTC euphoria. It brought expectation of coming euphoria.

MrMpeg

BTC just had a 40% Discount. Up to you id you sell or buy at this price. Good luck.

ObviousTie4

That’s what I’m saying, at ATH, he must have at least 8 BTC to have a million. he can’t lose $600k if he has any less than 13BTC. Which means he has over a million already, or he didn’t lose 600k

MoistService2607

I bought my first BTC from a dude at Starbucks in Atlanta using LocalBitcoins.com. These days, I like Strike.

No-Positive-3984

Don't be a slave to the bull and bear mentality. BTC is in a never ending rip for our lifetimes.

nomorelosses1

I don’t really think we saw what is portrayed here. Even at 126k my wife’s boyfriend wasn’t talking about BTC so no euphoria phase

Wise_General9072

Great advice with clear steps. It's a solid strategy for security. One question/point to dig deeper: If you buy on a KYC exchange, that BTC comes out "tagged" as yours when you send it to your cold wallet. Aren't you concerned that, since your cold wallet address is now associated with your identity, someone could track your balance and movements? In other words, how do you handle the privacy aspect, or what options do you see for making that BTC less traceable after step 2?

Django_McFly

BTC was $89k like 12 hours ago. It's struggling to hold $84k twelve hours later. It's not even a pump.

Interesting_Loss_907

Nobody here is saying “never”, but the comment to which he replied claimed BTC will go < 15K & *stay there for 4-6 years*, which seems like a far more unreasonable prediction than the simple idea that it could go that low in this bear market. Predicting that the traditional 4 yr cycle will end (each cycle had a roughly 1.5-2 ye bear market time frame), but predicting we’ll regress to the 2022 low (or lower) for 4-6 years without stating any reason or explanation whatsoever for the thought is probably worthy of questioning by others.

Just_Recognition3847

The selloff is likely also related to the fact that there are a ton of "traditional" investors buying the BTC ETFs now and they probably can't handle volatility at all so there must be a lot of panic selling going on there

Arsenal75

Meta - the company behind FB still.has a very high.market cap. Lets see what will happen with BTC

hotnormalnaughtyguy

BTC backroom whales are sharks. Being leveraged up is always risky especially with the leverage that crypto markets allow compared to stocks.

Aerocryptic

Your super utility coin was funded by a memecoin lmfao I made most of my crypto money riding the first ETH waves but you guys should be a little bit humbled by this cycle. Maybe you should rebrand ETH into a memecoin afterall if you think that's what gives BTC any value

Horror-Badger9314

Yeah. I just buy BTC now. I just have seen enough

PMmeuroneweirdtrick

I exited 75% of my positions in October. The remaining 25% is bags I'm holding that were in profit. I've started re-entering BTC sub 90k in small lots. If we go lower I'll put more in.

whisperedstate

New cope? I've been calling BTC that for a decade. It is the king of memecoins. "A meme is an idea, behavior, or style that spreads by means of imitation from person to person within a culture and often carries symbolic meaning representing a particular phenomenon or theme." The Bitcoin network is completely useless other than for simple transfers. The only thing that gives Bitcoin any value is the fact that it is a meme. Ethereum on the other hand has utility because it has a nn embedded virtual machine that is turing complete. I can take my ETH and swap it for a ETH-backed stablecoin with no trust assumptions. And that is the simplest type of utility that can be created on the network. This is impossible with Bitcoin without a hard fork. This isn't a gimmick either, it's litteralyt the only way you can build a sustainable network. Bitcoin has no uses, therefore no income generation for miners other than the block reward, which HALVES every 4 years. Bitcoins live in lalaland.

biba8163

Thomas (Tom) Lee (bagholder, not drummer). Today is saying that crypto is a leading indicator for stocks. Yesterday he was trying to explain what went wrong with his BTC and ETH EOY predictions: **The bullshit spewing out this man's mouth would give Trump a run for his money.** > I think the crypto market has been limping along since October 10th because on that date was a negative shock. Today's market looks a lot like what happened on Oct. 10. That liquidation was so big it really crippled market makers. Market makers are critical in crypto because they provide liquidity. *They act almost like the Central Bank in Crypto.* If they have a hole in their balance sheet that they need to raise capital for, they need to reflexively reduce their balance sheet, reduce trading, and if prices fall then they gotta do more selling. *So I think that this drip that's been taking place for the last few weeks in crypto reflects this market maker crippling. In 2022, it took 8 weeks for that to get flushed out. We're only 6 weeks into it.* > There's a lot of automated processes in crypto. One of these is ADL (Automatic Liquidation Feature) that would take place if someone's account or collateral dropped in price, it's essentially like a margin call. On a specific exchange a stablecoin's price varied from other exchanges. Stablecoins should stay at a dollar but this one dropped to $0.65 but it only happened within the exchange quotes, within this exchange because of liquidity. That triggered an ADL across many accounts and as that spread across other exchanges because liquidations cascade. Almost 2 million crypto accounts got wiped out even though minutes before they were actually profitable accounts. > What you should keep in mind that *this error is essentially a Bug. A Code Error! In retrospect they would have pulled pricing from across exchanges to set the price of the stablecoin rather than relying on internal quotes. So this has resulted in a lot of market makers and traders having less capital and as you know as crypto prices drift lower because trading volumes drop they need to then have more capital available which they shrink their balance sheets further. This has been that reflexive weakening.* https://www.youtube.com/watch?v=oVHBSwN0b1Q

immarfa

I can't understand why do people think that BTC should be used as a regular currency. There are much better cryptos for this. It's like asking when diamonds will be used for you groceries

diwalost

That's because you are a coward and you only bought BTC. If you were brave like us and had bought shit coins, you would have been shitting your pants. /s

neoKushan

BTC hit < $17k less than 3 years ago. A "dip" to $83k only sets us back to April.

Shot-Inevitable7483

It is all up from here 2650 minimum Eth 82000 BTC. All up from here. Stop worrying and fill your bags. It's on the way back up

BakingBreadBB2

call me crazy but I'm buying BTC and alts here. I'm going down with the ship

El_Peregrine

Do you not understand the concept of opportunity cost? If BTC is going to tank for a year or so, you can get 4-5% risk free in treasuries, or possibly make money (or crucially - not bleed value) in another asset in the meantime. And if you can't relate to the emotion of having a large portion of your portfolio take a huge hit, then I don't know what to tell you. I've been in BTC for 6 years, and this selloff is as brutal as any I've seen in that time. In part because it looks to be like it's just getting started. Everyone who is screaming, "buy the dip!" is going to feel the pain. There look to be better buying opportunities in the months ahead. This is not a dip in a bull market, it is a breakdown after a year of chop. Very frustrating market.

Jayrovers86

Would love to hear your thoughts on the future of bitcoin and where BTC mining will be over the coming year or two!

Drizznarte

Sounds like you trade , not invest. If this is your third 4 year cycle and you have never owned BTC , how do you think your strategy would compare to a HODL.

snoughman

How can you honestly be down even at these levels? BTC was too expensive at $42k but a screaming deal at $116k???

ThaZapper

Not OP but have much of my net worth in BTC. I'm trying to focus on boring assets to attempt to reduce the risk in my entire portfolio, but I'm long on the investment I've already made. Been in so long, I'm used to the volatility of BTC.

SamuelAnonymous

If that's the case then you weren't buying what you should have... If you'd been buying BTC it literally would have been impossible NOT to be in profit. Alts are often an expensive lesson. I'm personally heavily invested in ETH.

Sandharbor

Probably forgot to tell you he waited til 22’ to buy. Otherwise he’s so underwater buying anything Q4 of 21’ other than BTC.  

CallousBastard

Focused mostly on BTC and ETH this cycle, altcoins seemed like a dead-end. Sold all my BTC (that I'd owned since \~2015) a couple weeks ago while it was still above 100K and made a decent profit. I still have some ETH, which unfortunately I had bought near the 4K top last cycle, I might sell that too by the end of the year for tax loss harvesting. I believe that crypto will continue to implode for awhile and we're not anywhere near rock bottom yet. I'll likely buy back the BTC and ETH in another year or so if/when I think prices have stabilized somewhat at that bottom.

Sandharbor

No one that bought in Q4 of 21’ is up a lot of money, only thing up from then is BTC and I bet the S&P and Nasdaq have outperformed BTC last four years to date. Buying the depths of the bear was mid 22’ to early 24’, not Q4 of 21’ 

Whiteismyfavourite

If that was the bull run, $1M BTC is a fantasy. The diminishing returns each cycle suggest $125K might already be near the ceiling.