BTC

Far-Zookeepergame347

i had 100k liquid when BTC was at 30k CAD bought a house instead

Spiritual_Water_7121

Using it to buy weed from strangers on the darknet. I was far from understanding the BTC concept and just thought: odd payment system but cool that it works, noice there is weed in the mail. If I hadnt spent it all I could have had blunt rolling personell for the rest of my life...

Skee_yeeski

I know I know never time the market , but I got 15k ready to go and I’m gonna drop it on Oct 5th or so whatever its price is then . I saw something saying July historically a good month for bitcoin and I think we gonna go back down after that . I don’t know shit and only have about 5k in BTC as of today . But I’m dropping a bag soon and I think early OCTOBER will be a good time to do it

Global_Dog_9684

Sounds like you already know the smart play is the TFSA first, but the FOMO on bitcoin is real. Tax free growth is basically free money and that room don't come back, so I'd lean heavy toward maxing that out while you can. Maybe throw like 20% into BTC just so you're not kicking yourself later if it pumps, but letting tax-advantaged room expire feels worse than missing a short-term rally.

Thecapitalhunter

Having sold the little bit of BTC I had in 2016. I didn’t know enough at the time and needed some cash.

Quirky-Reveal-1669

Bitcoin is programmed to have a maximum of 21M units. Since the network of nodes and miners is distributed, there is no central, singular authority. Consensus is required for any change to be implemented. Any suggestion to mine past the 21M limit would dilute the value of first 21M BTC. I do not see that proposal ever reaching consensus.

nbiz4

Feel so bad for people that dodged fiat markets and went to crypto as their main “investment”. It’s one of the most speculative assets and 100% a gamble. Only a small portion of your wealth should be in crypto imo. I got lucky with Eth in 2017 and got it for a low cost basis, sold some at the peak in 2021 for a downpayment on a house and left the rest staking. I probably should have sold most of it in 2024 when it peaked and just moved all it over to fiat markets, index funds. Even though I got very lucky with Eth I still wish I just used all the money to buy nvidia or even index funds tbh in 2016. Fiat is how you grow your wealth, and crypto should be only a tiny portion of your wealth for pure gambling and hedging. And don’t fuck with altcoins, it’s Eth or BTC only imo.

patatepowa05

40k in October because it fulfills a pattern on the BTC/USD chart.

PLAAXT

Sending limits are usually platform-specific and can change based on verification level, security checks, account activity, or the BTC price.

WhorenyTomato

Convert a quarter of your lump sum into BTC now, then even 28 days till its gone. You aren't going to time the bottom, and certainly don't try to time the top, just sell whenever your happy.

GreenStretch

I'm not abandoning fiatworld, working on the same plans as before bitcoin was invented. As long as this works there's no reason to sell the BTC that is a hedge against fiat failure.

Patient-Process-2565

That doesn’t work either, only so far BTC has been worth it and some would argue ETH for DCA. other then that DCA into alt coins will leave you crushed, recked and destroyed. However, when the bull is on the latest alt coin is the answer to everything, unfortunately they all die out.

WarpDriveMH370

Nope. Even if it hits 0 I’d still be collecting BTC for fun

prw361

I would give it some time…perhaps until late this year or early 2027. If you have a chance to DCA some additional cash into BTC that might be helpful also. Really just depends on your long term expectations of bitcoin.

tcool

i'm basically saying look at history and the chart, BTC is pretty much doing exactly what it always does in the 4 year cycle. I remember the bear bottom back in 2022.

Inevitable-Cat869

I have kept my tiny position but the "the inevitability of BTC" narrative that I kept hearing was starting to weird me out so I paused my DCA for other investments. Lol

DudeLife666

Dude, if you look at history the only people that lose money with BTC are people who sell. Anyone who has ever held until the next cycle eventually ends up in profit. Just sit back and wait.

DiamondHandsDarrell

If you're in the US, if you have no income for whatever reason, you can sell with no tax penalty. Otherwise reverse DCA. My taxes are about 33% avg between income and BTC sales while staying just under $499k a year to avoid NIT.

Mission_Finding_7038

You "know I'm lying" lol I overcollateralized. I'm not an idiot. I knew a bear was coming and I had to collateralize well over the minimum possible price. I aimed for $30k priced BTC. It's been a hell of a ride but will absolutely pay off in a year or two I'm sure.

tmmroy

I mostly watch the 1 year+ HODLer cohort to time buys and exits. Bought a bunch of half-price GBTC last cycle and mostly sold around 90k/BTC. This time I just invested most of what I earned last cycle into IBIT options with a Dec 2028 expiration. I'll re-evaluate in a year.

pegoff

sorry, i should have explained. a gold etf is not stupid. if you don't already, please consider starting dollar cost averaging into something diversified like a global etf. go to r/investing first. and assuming you din't already, come here once you have a safety net saved (few months cash), a pension (ideally one you can control, with additional company contribution matching), and some tax efficient investments compounding for the long term. depends where in the world you are for that, i think it's a 401k in the states, ISA/SIPP in the UK, NISA/iDECO in Japan, elsewhere i have no idea. gold isn't stupid, but it is a long term hold for diversification. it's a non producing asset. it usually recovers faster than stocks after recessions but it also has long stagnant periods, often decades long, but also bull markets that last a decade. your gold will likely recover, but it shouldn't be all you hold. look at a historical gold price chart, if it's all you hold then that's the path your money will follow; up, down, across, repeat. compare it to the S&P500, or another index, and look at different time frames. look at % drops and how long they last before returning to and exceeding where they were before. Then look at BTC, then altcoins. gold moves slow, has some volatility but lots of momentum. s&p is up and to the right and very diversified, BTC is the king of crypto, very volatile, but big gains if you can stomach waiting. altcoins are a casino, but have potentially very high returns if you get lucky and happen to pick the right one/ones. but good luck doing that consistently if you don't really know the space. degens in r/cryptocurrency are not the ppl to seek advice from. talk to a financial advisor, preferably one who doesn't ask for a % to help you invest, but who offers advice based on your situation then fucks off until called upon again. you need someone who will look at your age, income, assets, expenditure, and give you guidance. listen to your risk profile, and help you understand options. talk to a few if necessary. i'm curious how you and why you got a gold etf, and if you also have others like the global one. but otherwise i'm also going to fuck off. good luck.

anotherbrckinTH3Wall

BTC is the exit strategy. Tell me you don’t understand BTC without saying you don’t understand BTC. If you’re looking for a quick and easy return head over to wallstreetbets

angelwolf71885

Not buying $3200 worth pf BTC in 2021

King-esckay

Since you are asking opinions i shall give you mine BTC price is low, i would borrow against it Because if it goes up you use less to payback the loan If it goes down you sell the BTC you were going to sell anyway When I borrow i use nexo because there is no repayment schedule I work out how much the interst charge is and buy that amount of BTC each month Last time I did this I paid back the entire loan for the cost of interest alone. The down side is if it falls and you cant carry it you will have to sell some BTC which you will be doing anyway, if you only borrow 20 to 25% you should be able to carry it for long enough to see a rise. Don't forget the interest compounds.

Fiat128sl

Can see BTC going to $49-53 easily so holding out a little more. Bought in the last cycle at $30k and sold majority at $110, what I kept during the drop to $60 I sold when it climbed back to $81 before the latest drop… there’s one more drop at least so stacking cash weekly in the exchange ready to buy in the low 50’s

DavidssonA

You're good... All you have to do is nothing, 1 BTC = 1 BTC

AutoModerator

Post is by: electrickite321 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1uygbh4/what_are_your_loses_im_close_to_1_million_since/ OK, I’m using my phone voice to text cause I’m just so tired of typing. I first bought crypto coins in 2021. It was up and up. So I ended up adding more money into the mix because I said wow this is it. I’m finally going to be rich and yeah I got there. Then 2022 happened and I ended up losing so much money because of BTC but also alt but one thing I realize is that even though BTC was quick to recover it was the alt that gave me the multiples that could just bring back all my losses back So then I started adding every dime that I had into the market, even though things for bad things were really bad, but I kept buying and I kept buying Eventually, I realized I had put in all my money. I had no 401(k) at a time because I was putting money into crypto. But miraculously, the one thing that ended up working was the same thing that worked in 2021 a couple of coins ended up making me a few hundred thousand dollars Here comes the part about graded as soon as the person was elected and everything started spiking up I should’ve sold. I should’ve sold because I was close to $1 million of net worth in 2024. Trump took office and the stupid coins that he released came into effect. I had lost 35% in a couple of days. I kept revenge trading. I kept adding more more money because it worked last time but this time it never recovered and so here I am it’s 2026. I’m down well over 90% not only have I lost my gains. I don’t even have my original amount I put some money into some defy coins and made a little bit of money here and there, but I realize there are huge scams to run out of East Asia that people haven’t realized yet. In the end I’m just writing to say this is just a sophisticated casino. It’s just gambling with extra straps. I think we all know that. So I just gotta go back to regaining my financial health and it feels so dumb to say that I wasted so much time and energy on this shit *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

faisal_yk26

I also have an old seed of 18 words saved in my old docs. I was expecting it to be BTC wallet seed I think. But I am also not sure and unable to use it. AI said that it is a cryptographic standard known as BIP39

DiamondHandsDarrell

Selling 98 BTC at arrive $400 Hah jk, it was worth it for the page of mind all these years being debt free

YouWantToFuck

It is always the time to buy Bitcoin. Why? Every cent you put in is one more cent that you didn’t waste on bad food or bad decisions. People need to stop thinking of the cryptocurrency as a magic road to wealth. It is a way to compress and stretch your money. Put in 50,000 and you get pennies back. The only difference is you keep getting pennies back forever. You can always scale up. Especially with the halving coming soon. You should not care about the day to day price. Even if it goes lower it will eventually go back up. Too low for you? Shift it to another currency or usdc. Growing higher, leave it in the BTC and see what happens.

thug_funnie

What the fuck is the point of a post like this. Do you have such a lack of confidence in your own convictions that you need to shame others for actually sticking to their market theses? I personally rebought into BTC in March at 67. But didn’t believe the following run up at all and luckily held from buying until it dropped below 60 again in June and was able to significantly lower my avg buy price and acquire more for less. But now I also believe we are going to have at least one more big leg down. So I’m holding. These posts are stupid. All you are saying is “I’m smart because I have zero thoughts on what will happen and thus no convictions”

amplidud

Yeah… I think for all of these you need to really ask what would happen for number to go up. Remember a token is not a stock. A company doing better does not mean its token has any reason to go up in value. Hell, the token being more used does not mean the price has to go up. There is a reason so many people become BTC maxi’s the longer they are in crypto. They eventually figure out its really hard to get sustained upward trend for a crypto and BTC was kinda the perfect storm to even have a shot at doing so. It is however  very easy to go to zero.  Cool you get extraordinarily lucky and have one of these do well? Sure! But its MUCH more likely your money does nothing or (most likely) goes to essentially zero.

hoopstar80

Fiat currencies are literally just rectangular paper and you think BTC’s tech won’t last 100 years?? 😂

Traditional_Most105

Thanks for your thoughtful advice. I'd argue that ETH and BTC may be the safest out there's not huge upside or even a medium one. Why do you suggest ETH ?am curious. Most suggest BTC, others BTC and ETH.

BarnacleOwn604

1. Buy BTC on any exchange 2. Educate yourself on what you’re buying, what a seed phrase is, what self custody is, what cold storage is 3. Send to cold storage 4. Secure your seed phrase somewhere safe and offline 5. DCA what you can afford weekly or monthly and don’t worry about selling or liquidating 6. HODL 7. Continue HODL’ing

DontLook_Weirdo

It depends on what you're doing with BTC. If you're in it to trade and try to flip some $ into $$, BTC ain't it - it's an asset, not crypto. You'll continue to lose money and come out of it sour. If you're in it to invest like you would in your Roth or any ETF, then you just stop looking because you know it'll take months or years for any action to happen. If you're in it for the long haul, then I'd recommend setting up some sort of DCA and removing yourself from as much of it as you can. I have daily recurring set up through strike, and it's uninstalled. I know my buys are still going through because my bank shows the activity and strike confirmed it before I went through with it lol. I also uninstalled my trezor app and only check on balances whenever strike auto-tranfers 1m sats to my trezor.. I fund it all with direct deposit into a bank account meant solely for investments, so I never see the money leave my pockets, so I never feel like I'm down $. My only connection to BTC is this sub.. when sentiment in this sub is shit, I buy more on top of my DCA.

KarmaShawarma

Has nothing to do with BTC and the music is fucking annoying garbage.

EyesFor1

Do you think BTC will rise ? If the answer is yes, you shouldn't care. Just DCA

LionRivr

You don’t stop caring. You just don’t let the caring stop you from buying more BTC.

Few-Trick-4968

75% BTC the rest BNB , HYPE etc... projects that have good future

seviu

I am about to hit 2BTC thanks to this bear market Never give up

Itur_ad_Astra

Agressively shorting. You take the profits from the short of the first dump and double down for the second dump. There's zero chance BTC sees $65K before $62K.

Blade_Runner_69

Well Ive been here for over a decade. Things were different when I started out, it was easy to make 10-20x on a coin sell and move to the next thing. But at this stage I'd stick with BTC & ETH as the bulk of your portfolio. I learned by getting burned with LRC and a few others. But I also made a lot with Cardano and polygon. But I wouldn't recommend alt coins anymore. If you want to keep the coins you've bought at least sell 60% and do 30/30 in BTC and ETH then keep everything you have for speculation. A solid foundation is essential if you want to invest properly. If you want to slim down the current portfolio looks for coins that are decentralised and have a use case, for instance chainlink is a good one because it has a use case, but wheather or not it will moon is anyone's guess. Never buy meme shitcoins. You will eventually get burned if the liquidity dries up.

blaziken8x

This is the origin story of every BTC maxi

jokers_wild_card

You’d have to wipe every node on earth to “delete” BTC. That’s kinda the whole point of it. As far as Satoshi: why is he obviously fake? Occam’s razor would suggest he really was a cypher-punk that wanted to remain anonymous, and is most likely deceased. If it was a conspiracy and the powers behind it wanted to crash it or rug pull it don’t you think they’d have done it by now? And, it’s hard to imagine how it’s even possible at this point, with the adoption rate and number of nodes running the network. Nobody stops this train.

Darkpriest667

As BTC maximum as I am, I agree with this. There are at least 4 Fiat currencies I can think of that go back 200+ years

Masonryandmore

You don’t understand how BTC works! The Market Cap is the price of BTC x the amount of BTC circulating, Not how much money it takes to make it go up. Supply and demand, available BTC, Halving, there are a lot of factors.

Blade_Runner_69

Hey bro I'm saying this for your benefit and not being an ass, but if you must buy crypto you need to sell all this and buy 40% BTC 40% ETH and use the 20% to speculate. What you currently own has a massive risk compared to the big 2 which are risky enough. Personally I stick with BTC and XMR only.

A1JX52rentner

Everyone starts like this. In three years, you have 4 positions. One bear market later you will be BTC only.

dnalloheoj

I spent ~8 BTC on the Silk Road on less than a half ounce of weed. Was probably 17-18 at the time. Dad hosted about 20 servers at home at the time (Dell 2950s) so my GPU chugging away 24/7 wasn't even a blip on the electricity bill, and to me it was literally just free money, why wouldn't I spend it? Regrets? Sure, who wouldn't. But nothing deep seeded. I genuinely think SR was a big player it terms of legitimizing BTC as currency, so it's neat to have been a part of that phase of it's existence. Hell I have more regrets about a vanilla WoW account I got banned (Had an ivory raptor before they got removed from the game) lol.

Hypnotic101

K. Maybe skip BTC then. Not sure you’re gonna ever understand it.

jeche25

New to BTC and in slow accumulation phase. $500 to start with and $100/mo. I welcome this boring sideway movements.

LordJamPunt

BTC CME futures is hitting highs before the spot market, is it always leading like that?

OddRecognition6214

Fear & Greed is 25 and BTC is around ,445. The bigger signal isn’t the property question — it’s whether people are making decisions from discomfort instead of conviction. Historically, that kind of tension shows up when sentiment is already lagging price.

OddRecognition6214

BTC at ,445 with Fear & Greed at 25. Macro headlines are still driving the tape, which usually means the crowd is reacting faster than it’s thinking. The data still looks more like fear than euphoria.

ProfessionalAir104

Kraken to buy Crypto. Like first comment to late for BTC unless you’re buying $0.2-$0.4%. it really depends on how much capital you have.

SeeWoke

If you made that bet you would lose but my money doesn’t matter in this debate. I fully understand mc and what it will take for BTC to rise that high. I never said it would be easy but there is a path for btc to be 10m a coin, 20-30 years is a long time and a lot can happen from now till then.

deltamark_btc

fink has skin in the game - blackrock ETF flows are literally his floor thesis. nydig's $38k case needs a real macro unwind, dollar spike, risk-off everywhere. either way the price action right now tells more: BTC retested the top of its old $62.5k-$64k range today (broke out of there two days ago on elevated vol), currently holding around $64k. if that level fails the nydig case starts to open up. if it holds and reclaims $64.5k+ the fink camp wins the next leg. the predictions are secondary to where price is actually trading

hulkingconspiracy821

Started on Kraken for spot and futures but the fees on futures ate my small account alive, now I just stick to spot BTC/ETH and sleep better

jgarcya

14k today is 28k at BTC $125k.

UrbanGrower187

I buy BTC everyday for years so I would say so

DarrelXero

OP_Daily Newsletter: https://substack.com/@bitcoinpark BTC Breakdown: https://www.btcbreakdown.com/

Time_Basis2535

Everyday is a good day to buy BTC

SeeWoke

You probably don’t know this but bitcoin up up over 100,000,000% in 17 years… there are no splits and there won’t ever be more than 21m BTC. It wouldn’t take much for BTC to go to 1 million each. In 30 years it will likely be 10m+ each.

Fit-Poet6736

nexo is very easy to use and has everything that you need + pays out interest on ETH and BTC

Aeschbacher15

Back in the day you could play online games and get something like 1 BTC every week but it was worth nothing so I never bothered... Too bad I was stupid as a kid

Django_McFly

You know he did. He saw BTC go from $16k to $110k and was like "crypto is dead and never coming back". Then it hit $120k and he was like, "crypto is the future of finance!" and bought in. When it fell to $110k, *he only bought because it went up, clearly he'll get out now that it's gone down... no conviction up, no conviction down, right?* Wrong. He magically gained insta-mega-hodl conviction and was like *i'll gladly ride this to zero!*. "I only bought because the price went up but I'll gladly ride it down to zero"... welcome to everyone's first bull-to-bear market.

Excellent-Advice-948

Good question, and asking it early puts you ahead of most people. The core difference is who holds the keys: - On an exchange, THEY hold the keys — you basically have an IOU. Convenient, but if the exchange gets hacked, freezes withdrawals, or goes bust, your coins are caught up in that. The phrase people repeat is "not your keys, not your coins." - In a wallet you control (self-custody), YOU hold the keys — a 12 or 24-word seed phrase. Nobody can freeze it, but nobody can recover it for you either, so the responsibility is fully yours. Rough rule beginners use: - Small amount you're actively using or still learning with → leaving it on a reputable exchange is fine. - Meaningful amount you're holding long-term → move it to your own wallet. Two wallet types: - Software/hot wallet (an app) — free, easy, connected to the internet. Fine for smaller amounts. - Hardware/cold wallet (a physical device, \~£50-80) — keys stay offline, so it's the standard for holding larger amounts long-term. On "corruption of BTC" — you can relax about that one. Coins on the blockchain can't rot or corrupt. The only real risks are losing access (losing your seed phrase) or theft — and both come down to guarding that seed phrase: write it on paper, offline, never a photo or cloud note, never typed into a website, never shared with anyone (no legit "support" person ever needs it). When you do move it: send a small test amount first, confirm it arrives, then send the rest. And ignore anyone who slides into your DMs offering to "help" — that's always a scammer.

ScopulyX

I'd start with BTC or ETH. They're generally more liquid and easier to learn with than smaller altcoins.

_blockchainlife

Alts are all trash. 10% into BTC and the rest into VOO

GIGAbtcHodl

had to buy a bundle deal to get a tshirt with his BTC

p51mustangkkz

I wouldn't sell it, instead I will borrow against BTC at nexo with up to 50% LTV

OldHamburger7923

Plus their expenses are paid in usd. Good luck paying power company with BTC.

OverallBlock9028

BTC cannot be printed, but: - USDT is printed even more out of thin air than fed. - Thousands of new crypto currencies are created every year. How much BTC would be without usdt fraud?

deltamark_btc

the cost basis headline misses the real trader risk. MSTR trades at a premium to its BTC NAV when sentiment is good - that premium can compress 40-60% even if BTC only pulls back 15-20%. company treasury is fine at $8-10k BTC, shareholders aren't protected the same way. different exposure.

newMoneyStyle

lmao the sats argument is real tho, nobody's paying for tacos in 0.00021 BTC. fiat ain't going anywhere for daily spend, cc fees are the actual vill

Ok_Percentage4090

BTC always waits till everyone gets bored, then starts acting crazy again lol.

mrvitz

We are in the bear market right now , probably until aprox. Oct-Nov, after that plus 3 years Bull market! Respect the 4 years cycle on BTC! I needed 10 years to believe in it!

Accomplished-Sand334

Is it hard to understand for you that the WP has a view of BTC as P2P, and this is today not the case?

DiamondHandsDarrell

Turned $117 into $14k and you want to invest that somewhere else? My guy, I've bought 2 cars and season tickets so far and ended up with more BTC than I started with. Best of luck to you.

konddmy

it does not leak, inherently has those those patterns - those are sines and cosines you learned in school :). It is not only Bitcoin, but any entropy source humans have. The only thing that truly protects you for now - is obscurity of how it's all sampled. But AI has ability to unwind that obscurity. So we propose (I wrote-up article, website updated now) a framework, methodology and a network, that would ensure that replay is not applicable to your particular wallet. The network of entropy miners is incentivized (naturally - no smart contracts; wallet users and vendors - simply end some funds to miners who provide closest examples of seeds, it's beautiful protocol - since if user does not pay, then user increases risk of miner becoming hacker), so supporters of the project - will get their share too. A bit of mob-style protocol, but backed by methodology that makes sense not only for BTC, but for everything that NIST has standardized. It has theoretical guarantee to beaf up IRL entropy. It works for any source of entropy. Bitcoin and Ledger Nano is just a start

belascob

The Math tells you… don’t sell. If you do have children you will help them and the family, Big time, with the money you will make from here. November will begin the return to strong growth. By 2030, 0.2 BTC will put you in the position of bing being priveledged.

Fro3en_Cornchip

Tired of these dumb arse questions. Has BTC reach the bottom? Guess what? No one fucking knows! Crazy right? Is now a good time to buy? Yes.. it is! If OP even bothered to research one chart you’d have a decent clue as to the timing of the cycle right now. If BTC hits 40k later this year, it’s still a good time to buy, stop trying to time the bottom. Think about when BTC hit last ATH, you were wishing you bought at 16, 20, 30 even 40k. Either was still a good time to buy. So stfu and buy!

Excellent_Can2901

I had a mid range PC in 2011 and my pool rewards were about 0.5 BTC a day back then.

quintavious_danilo

Who isn’t? But greed comes at a cost usually. Whether you like it or not, **now** is the time to buy and it’s mostly impossible to time the entry perfectly. This is your chance to get in cheap. We will most likely never see $60k again (after the next bull market). I bought my first batch of BTC at $20k back in 2022 …. but like you, I held back a substantial amount because I thought it would go lower. Guess what? It didn’t. We’ll never see $20k again. I’m now buying at 3x the price. That hurts. Lesson learned. Do it better!

InitiativeScared6583

Alright, new plan: I'm betting it all on Argentina to win the World Cup first. Once my money doubles, I'll dump half straight into BTC and use the rest to DCA. Absolute financial genius over here!

InitiativeScared6583

Alright, new plan: I'm betting it all on Argentina to win the World Cup first. Once my money doubles, I'll dump half straight into BTC and use the rest to DCA. Absolute financial genius over here!

VeryThicknLong

I’d say hold until at least 2028. Right now, stock markets are feeling the pain of a euphoric AI run. There’s also signals that it could potentially have a large correction. Also, because of this, you could literally be waiting years for the stock market to even do anything substantial. The way I see it, is the BTC pattern over the course of 4 years, is exactly the same as the stock market boom and bust over 17 years. Just a condensed version. It will get less volatile and gains will reduce, but the next 4 years will be beneficial to you, and you’ll get back much more than the £14k you have right now.

WeakEstablishment686

Hold that shit. It will 10x someday and you’ll have an incredible story about 0.21 BTC. Def not worth paying taxes on either. One of the best value plays right now vs a slightly inflated stock market

MediocreTax7927

I’ll have a look. I also see a lot of talks about Saylor. Is he a good reference? Seems to be doing a lot for BTC or for is company hard to say.

Comprehensive_Pea424

If you believe BTC will be a currency, then yes, you are late. If you believe BTC will become a store of value that tends to appreciate while fiat loses value, then you are not late.

UseMoreHops

I’ve had to sell. Started with SOL, BNB, ADA at first. Unfortunately I’ve been out of work for almost a year. I sold my ETH next and most recently I’ve sold half my BTC. I’m really glad that I had it as it has gotten me thru a tough time.

Some_Bluejay4540

lol you just want to get money… but all the coiners say FIAT will be dead… so do u want the cake or not lol. Cash is king. Always. BTC had a once in a lifetime run up. People bought at 100 thinking it would go to 10 million. Meanwhile stocks (cash) have appreciated. Cash is what 99.99 percent of everyone cares about. This is a reality check. There are still people holding out hope for LUCID since 5 years ago.

Some_Bluejay4540

If you don’t like your fiat please mail to me. Sincerely: guy who laid cash for a meal today instead of 4% CC fee. No one is using 0.00000000000000000001 BTC to buy a meal.

pommesUNDwurst

I don't think any sane person would short BTC. The bear market rallyes are way to aggressive and would liquidate you in no time. But who knows.

MediocreTax7927

I will. Do you have any other sources of information that you feel helped you? And if I’m not to much of a bother. What do you think of a stock like MSTR vs owing BTC itself?

MediocreTax7927

Again arguing with someone politely is called having a discussion. I do believe it should matter, so maybe you’re right and I do not understand, that’s also why I asked. I can be wrong and learn. I actually did, no thanks to you. You are correct I did ignore the first person mentioning the book. I did thank the second one though because it seemed to me that it must be an important read now that 2 persons mentioned it so quickly. Maybe I should’ve thanked the first one too, you are correct. Never heard of it and it sounded like any other book to me at first. The second person validated its importance. I absolutely do not know anything about BTC. That’s the first thing I said. Parading really ? I do not believe any question is stupid. Don’t you think everyone invested in BTC would gain from more people understanding it? Instead of having it guarded by the obvious elites like yourself. What I am too dumb to be teached? Are people too dumb to understand so others shouldn’t bother explaining to them that price action and cycles don’t work the way one might read here and there. Maybe try just answering politely that the question doesn’t make sense. Give a reason or two. Try to educate instead of insulting and trying to make people feel stupid. Or better yet if you’re tired of explaining and feel like people asking questions are stupid, just stay quiet. Might help people and BTC in general. Because I might not know much about it, but I do understand it needs to be way bigger, and way more people need to understand and believe in it for it to work for decades or even forever. Teaching will do that.

pommesUNDwurst

This is exactly how this game should be played. Well done! Have done this myself since the last Top in 2021. Haven't used any new funds since 2020. But will hopefully 5x my initial BTC amount if the price drops below 53k. But I haven't bought any yet. Fingers crosses ;)

_DaBau5_

you shouldn’t need to sell your investments to fund purchases unless you are experiencing hyper inflation in your currency. crypto (more specifically BTC & ETH) is better as a buy and hold than transactional currency

Dparkzz

I always keep enough cash where i am only buying BTC and investments not selling them