BTC

schizophrenicbugs

I was referring to your ridiculous claim that BTC price action is directly correlated to the stock market. Seems like someone has a problem with reading comprehension 😊

LibertyWithLiquidity

I orangepilled a fair amount of people, they GET it, but not to the extent that they'd significantly lower their time preference and stack HARD. Retail just isn't built for this kinda game, people have lives, family, they don't want to dedicate their time to understanding the biggest revolution of all time, literally. If I can get them to buy a little chunk of BTC, that's good enough for me, they will stack harder eventually when it makes a difference in their lives.

suckyuhhmada

Starting with BTC and ETH is a solid move — they have the most liquidity and the most resources to learn from. For the "which one to buy" question, a lot of beginners benefit from just splitting evenly at first rather than trying to time it perfectly. On the platform side, Coinbase is beginner-friendly but has higher fees; once you're comfortable, it's worth comparing alternatives. I've been using BitMart for some of my purchases — the onboarding is fairly smooth and it covers a wide range of assets if you ever want to branch out.

Logical_driver_42

This is just like a magic you get free money if you have enough money and BTC you can get a bank to work with you and even take loans out against your property or your bitcoin but you taking money out of your loan repayments to buy bitcoin isn’t going to fly with your creditor that’s why you can’t do it.

EckhartsDs

Why not just buy BTC?

sugatastic

I’ve used Swan for probably over five years. There’s other companies and exchanges that will auto buy too, I know kraken does. Swans just worked for me and I’ve had no reason to change plus Cory Klippsten seems like a true believer in BTC so that’s always a plus.

YUSoOffended

I set aside 200-300 euros each month.. It's money I can afford to put into BTC instead of going to restaurants.. Imo it's money better spent.

66NickS

It’s a bet. Some bets are riskier than others. If you’d bet $1k on BTC in 2016 you’d have roughly 100x that now. But if you’d bet that same $1k in October of 2025, you’d have roughly 0.5x that today.

AutoModerator

Post is by: YUSoOffended and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1sqwway/strategy_just_dropped_another_25b_on_btc_while/ Kind of a wild split screen this week. On one side you've got Strategy announcing they bought another 34,164 BTC last week, about $2.54B worth. Third biggest buy they've ever done. Their total stack is now over 815k BTC which apparently means they hold more bitcoin than BlackRock's ETF at this point. ETF inflows have also been pretty solid on top of that. On the other side, half my feed is still busy freaking out over the KelpDAO / Aave thing from Friday. 200ish million in bad debt, AAVE token tanked, people yanking funds out of Aave like it was 2022 again. Genuinely felt like DeFi was going to drag the whole market into a bad week. And then Bitcoin just kind of shrugged it off. The institutions kept buying through all of it. Honestly I think that's the part I keep coming back to. A couple of cycles ago this exact combo of headlines would've sent everything down 15% and my group chat into meltdown mode. This time it barely moved the needle. Feels like the makeup of who actually holds bitcoin has quietly changed, and it's showing. Personally I stopped trying to trade every headline a while back. My BTC sits on Nexo earning interest, some flexible and some locked into fixed terms for the higher rate, and that's the whole thing. No farming, no bridges, no waking up to find the protocol I was using got drained overnight (looking at you, this week). When I actually need cash for something in real life I just borrow against it. Obviously you gotta keep an eye on your LTV but it beats panic selling the bottom or eating a tax bill for no reason. Not saying we're mooning tomorrow or anything, plenty can still go wrong. But between Saylor refusing to stop, the ETFs steadily absorbing supply, and the market not even flinching at a 200M DeFi blowup, it's hard not to feel a little optimistic about where this goes over the next year or two. Anyone else getting that vibe or am I being too chill about it? *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.*

YUSoOffended

The Santorini trip funded by crypto gains is the kind of W that doesn't get talked about enough. Everyone's chasing the "life changing money" exit but honestly using some profits to create a real memory like that is already winning. Also respect the shift after 2022 - cutting the shitcoins and just DCAing into BTC/ETH without overthinking it is the most underrated strategy in this space. No drama, no moonshot plays, just consistency. And setting some aside for your kid is genuinely cool. Even if it's a modest amount now, a 20 year time horizon is the kind of advantage most people wish they had. Good story man. The boring crypto journeys are usually the most successful ones.

Ok_Golf_6467

Commercial plumber. I've been busting my ass everyday doing 12s trying to stack BTC below 80k

xaviemb

Sure, happy to... they are in the low swing of the month raises (they ramp up middle of the month, and the buying using starts around the 1st of the month... due to how TradFi flows into Strategy's prefs). But starting around May 1st their buying will start again, and signs show it is accelerating compared to this most recent cycle where they bought $1B in a single day worth of BTC,,, I suspect the total buy for May will be between $5B to $10B. And while a daily $1B buy of BTC seems like a drop in the bucket for a $1.5T asset, when you realize just how little Bitcoin is moving (changing hands) right now. It's only about 30,000 to 100,000 unique BTC a day (about $2.5-10B worth) during market hours when Bitcoin is most active that is actually active (selling, moving) which means a daily $1B bid becomes much more significant. Obviously as price moves up or down the volume (those willing to move BTC) increases too I think, if nothing else, Strategy is single handedly preventing the low Vol sideway chop that Bitcoin normally expects in a bottoming pattern. One might think that will cause the upswing sooner... but I guess we'll have to wait and see...

Money-Pack-3440

Accidentally spent 10,000 on BTC in my cash app five years ago sold 9000 back that day. Not as regrettable as some, but still sucks 🤦‍♂️

-rosslyn26-

Il fatto che venda azioni a mNAV <1 è relativo, non è certamente il momento di attrattività migliore per raccogliere capitali. Il punto è come e quando usa quella liquidità. Per ora ci sono solo due assiomi: - non ha mai venduto BTC (a differenza ad esempio di XXI Capital) - ha sostanzialmente sempre aumentato il BTC per Share, a volte si più a volte di meno

xaviemb

Just Data (Probably Nothing): Since Monday, March 30th, Bitcoin was green on 68% of days (market open to close) when Strategy's STRC was actively raising capital for them to buy BTC. On all other days Bitcoin was green just 31% of the time during market hours. The distribution of dates was about 50-50... The statistical significance of this cannot be understated. Strategy is becoming a persistent price agnostic bid, and the sellers are starting to notice. It's having a real, and measurable upward pressure on price discovery for Bitcoin itself.

crypto_bow

thats a normal thing for beginners, been there done that! it somehow depends on what are you aiming for, investing or trading. if you’re looking to invest, BTC is always the best choice lol. check out different ecosystems too, there are simplified platforms out there

Logical_driver_42

Yeah but you are the gifter in the first place why would you go through all the work just to take the BTC back. Regardless though I don’t think you would remember his random seed phrase just from one go I had to repeat mine to myself tons of times before it started to stick. And you could either keep a backup of the seed phrase or not and just leave it entirely up to him.

CorrectIamThatGuy

"I'm convinced 500k per BTC" "I want to wait for a dip" 🤣🤣🤣🤡☠️ Bro 70k is a dip compared to 500k wtf are you on??? Hahaha haha

Nossa30

So many coins have never come back from the dead. Remember IOTA, NANO, DASH? Yeah....don't be like them. You really think your coins are that special over BTC? Only a handful of coins keep coming back (and dying again). Think DOGE, ADA and other long standing coins.

cashflashmil

It has a high issuance in absolute terms, yes, but not “insane” in the way people usually mean it DOGE adds a fixed number of coins, so the inflation rate as a percentage falls over time instead of spiraling higher The bigger issue is that it doesn’t have BTC’s hard-cap scarcity narrative, so even with better infrastructure and regulatory progress, price still needs demand to outrun that steady supply

feenixOmlette

Well that's how the fiat system dies. People borrow money, and buy BTC. Most borrowed money is actually printed money, and so it just accelerated the decline. Interest rates look like they will rise soon, that means that the fed will sell bonds, and buy back USD, but even in this environment, people still borrow usd despite the rise in value and buy btc. Very bullish I think, all we need is a big economic kerfuffle, for them to cut rates and do stimulus. Let's get to 100tn in USD debt before 2030. Who cares. The money will keep getting printed and btc will do another 10x. No one cares.

Legitimate_Amoeba249

I have seen someone do it in a very fun way (I thought): Step 1 - They purchased a BTC coin on Amazon (there are tons of them and they are relatively cheap, even sold in packs). This is just for a physical impact and to give someone something physical and fun. It's completely useless, but a fun present. Step 2 - They sent the BTC they were gifting, directly to the wallet of the recipient. That way, there are no intermediaries between you and you are 100% confident they got the actual/real btc from you. Step 3 (optional) - when giving the physical "coin" (BTC) as part of a card where you write out a message to the person you are presenting your gift. I thought it was a very thoughtful and fun way of presenting this particular kind of a gift.

Fit_Seaworthiness_37

Treat it like Gold and Silver. Stack up on BTC and ETH at a frequent rate, stay away from crypto ponzi schemes like RAVE coin, and DCA.

cashflashmil

If you’re new, don’t try to nail the perfect entry right away BTC is usually the easier first buy because the story is simpler and it’s generally the cleaner starting point for beginners, while ETH makes more sense once you understand the space a bit better The bigger mistake isn’t picking BTC vs ETH, it’s going too big too fast, so I’d just start small and DCA instead of trying to time the market Also, having one low-noise source helps a lot when you’re new. Full disclosure: I’m involved with WebSnack, and the whole point is to make crypto easier to follow without drowning in random noise

Few-Engineering9803

What credibility would that be? Are you under the impression BTC should be evenly distributed somehow?

Few-Engineering9803

This mindset is so weird. I can pretty much guarantee you I have more BTC than you, do you think that is "unfair" somehow? This just reeks of envy.

cashflashmil

The bigger story isn’t even the first-week inflow number, it’s distribution Once a major bank puts a low-fee BTC product directly in front of its advisor network, Bitcoin stops being a niche trade and starts becoming part of the default allocation menu That shift matters more than most people realize

biba8163

> the market capitalization of altcoins increased from 46B to 1510B (bubbles). Our current position is 1010B - The Total Alt Marketcap is around ~$0.70 Trillion and nowhere near $1T. - The Total Alt Marketcap has shrunk to less than half of of what it was in 2021 - The ~$0.70 shrinking Alt Marketcap is shared by thousands more Alts today than there were in 2021. - Stablecoins have gone from a fraction of Alt marketcap to a point where they'll soon overtake the total marketcap of all Alts. - The growth of stablecoins are masking BTC dominance and how much the Alt marketcap has shrunk in ~5 years because metrics include stablecoins in crypto marketcap | | November. 2021 | April. 2026 |:-----------|:------------:|:------------:|:------------:| | BTC | $1.23 Trillion | $1.508 Trillion | Stablecoins | $0.11 Trillion | $0.326 Trillion | Total Alts | $1.52 Trillion | $0.696 Trillion | Total Crypto |$2.86 Trillion | $2.53 Trillion | **BTC Dominance** | **44.7%** | **68.24%** **BTC Dominance and Alt Marketcap excludes stablecoins* Altcoins is full of meme narratives to bamboozle investors with the idea that crypto projects have some kind of fundamental value. - Web3 - DeFi - RWA - Hocus Pocus Oracles - Nostro/Vostro Banks - M2M Economy, Agentic Payments, etc - Decentralized Autonomous Organizations, Decentralized Compute, Decentralized Storage, Decentralized AI, etc Falling for these meme narratives is guaranteed to separate a fool from his money. BTC is a speculative store of value asset and Alts are double speculative that generally have a 0.90 or greater correlation coefficient to BTC and rely on BTC price appreciation to gain value because they don't have any independent value in and of themselves.

snek-jazz

> no...the money they raise from preferreds is strictly used to buy BTC, not to pay off o/s debt They can do it to pay debt too, if needed. > If mnav is less than 1 at those times, then him diluting stock to pay off the 8bn would literally send his company into a death spiral Firstly the assumed dilution is already factored into metrics like bitcoin per share, and the NAV in mNAV itself. Secondly, the debt holders are typically arb-traders who short the stock at the time they bought the debt, and close the short when the debt is repaid, so it doesn't have much impact on share price. Thirdly, we have an actual example of the above already as they've already repaid some loans by converting them, and it was all completely fine.

JakRenden2

I just learned recently that when you give him money you basically agree to never get it back. You only get the dividend on STRECH or whatever it is called. This would be a hard no for me because I can just buy BTC and keep my investment liquid. Not sure how this is appealing to people, vs buying BTC and holding it. The whole revenue premise is based on BTC growing by 30% every year anyway

xarips

of course if he stops buying people lose confidence and BTC goes down. He basically has to keep buying

xarips

> Short answer: they raised $2.5b last week alone, so pretty easily probably. > > no...the money they raise from preferreds is strictly used to buy BTC, not to pay off o/s debt > Long answer: The repayment of that debt is spread between starting late 2027 up to any time between 2029 and 2032 depending on things. and it's likely a lot of it will be converted to shares, maybe all of it depending on future btc price. If mnav is less than 1 at those times, then him diluting stock to pay off the 8bn would literally send his company into a death spiral

EarningsPal

Why innovate when it’s possible to borrow USD and buy BTC? Watch what happens in 1-3 more years. BTC will resume the pattern and 100% of the purchases will be significantly in profit. Even if the company dumps BTC, that will not destroy the network. That BTC will still exist.

DucoteSportsCards

And those investors get to decide when the BTC is sold right? Not.

AttemptKitchen

Sadly not going to happen, pretty sure most of the BTC of Strategy is just Paper Bitcoin, thats why they refuse to provide proof of reserves.

Baseidou

Yeah I imagine the market for this liquid asset would react pretty nicely to MSTR selling a portion of their BTC to meet obligations

steppe5

Yeah, I know that 3 miners control 51% of the hash rate. I'm just pointing out that, soon, a handful of people will own most of BTC.

Todo_es

It´s NO "single entity", it´s thousands of investors buying BTC through Strategy.

xarips

The price cant go up when there is no BTC left for purchase since he owns it all

These-Beautiful-3059

USDT is the only thing that makes sense here since oil margins can't stomach a 5% BTC swing during a tanker's voyage. I still use Binance for basic spot trades, but I’ve been using BYDFi for my perps since they’ve been solid for 6 years and don't force KYC for every little thing (they actually have a $1M anniversary event running right now too).

UC_DiscExchange

This is false. You're just twisting that BTC doesn't generate profit to ignore that they have 50x their obligations in liquid assets. They don't have to generate new investors to pay anyone. They only need them to accumulate more Bitcoin which is a completely different thing than a ponzi.

UC_DiscExchange

A ponzi scheme doesn't hold many multiples of their obligations in liquid assets. >How do you continue to give dividends like this without any actual profit? The only way is to continue taking investor money, buy bitcoin, and pay for dividends That isn't the only way. They could also sell a small portion of their 750k+ BTC.

One_Position_9475

Btc On the daily, the ascending trendline of higher lows is still intact. Price has been making higher lows since the February capitulation wick and that sequence has not broken yet. That is the mild positive I can offer right now. But BTC is pressing against the top of box ive drawn out. We have now had multiple attempts to break above 75k and none of them have produced a convincing daily close above that level, let alone the 80k weekly close that would break macro structure. The ascending trendline on the daily is fragile. It is holding, but it is holding at a level where price has been unable to break higher for weeks. What im watching this week specifically is the daily candle closes Monday and Tuesday. If BTC closes today above 75k with conviction I will be watching 76k as the next immediate test. If BTC closes below the ascending trendline on a daily basis, that is the first crack in the higher low structure and an early warning for a potential box breakdown. As I said last week, the box breakdown scenario targets 60k first and 48k below that. I am not predicting it. But I am not ignoring it either.

TheBigLR901

I dont buy or have any BTC, Mr. IRS agent.

steppe5

Ok, so it's more like 5% of active BTC that Saylor owns and another 5% for Satoshi. Soon, a handful of people will own 51% of Bitcoin.

partymsl

You just know this guy will be called the greatest investor again once BTC gets to $100k again and then vice versa once we drop.

Miserable_Advisor155

The gas fees and friction of on-chain auth are exactly why most retail traders still stick to Kraken or Binance for convenience. I’ve been using BYDFi lately because they offer optional KYC and have a transparent 800 BTC protection fund, plus they're running a $1M anniversary event right now if you want to skip the login mess.

GIGAbtcHodl

Core business that generates profit which is later used for BTC acquisition.

Ehsansa051

This is exactly why I've moved my core liquidity back to veterans like Kraken or BYDFi that have survived since 2020 without a breach. A verifiable 800 BTC protection fund is way more peace of mind than these experimental bridges, plus they have a $1M anniversary prize pool going on right now. I’m sticking to CEXs until DeFi stops bleeding out like this.

gisikafawcom

Coinbase and the other majors have basically become fee-harvesting machines that barely vet anything anymore. I've shifted to BYDFi because they've been operating for 6 years and maintain an 800 BTC protection fund separate from reserves (they're doing a $1M anniversary thing right now too). If you see that kind of wallet concentration on-chain, it's a rug waiting to happen regardless of the venue.

underforestsnow

In my opinion, they need to stop buying. BTC will lose credibility if one entity owns too much.

Veganarchyst

Does it take into account the American dollar, and most others are going to hit hyper inflation and / or stagflation So even if BTC goes to a million or 10 million, buying a loaf of bread might cost $1 million by end of day? So even if btc hit $1 million, when and where is it helping? Until it separates from the fiat system and is it's own monetary system so it doesn't matter what all the junk fiat money is doing

KateR_H0l1day

I’d say the opposite, it’s about conviction, do you believe BTC is going above $100K in the future?? If yes, obviously it’s a good time to buy, not as good as it was in the $60K range of course. However, there’s an alternative conviction, but it’s a fraction of the $100K+ ⬆️ which is it’s going to hit &30/40/50K ranges. MS & Strategy had another large buy last week, total conviction there. The market will always follow BTC for many years yet, there are some good alternatives that are low, have good fundamentals, and are still building/tweaking their product. I set three Alt lower limit buys last week, fully expecting not to hit anything anytime soon. One hit over the weekend surprisingly, but it was a spike down for a very short time period. It wasn’t much, but there are opportunities across the market, we’re firmly in the accumulation phase, just IMO of course 🤷‍♀️

KateR_H0l1day

I’d say the opposite, it’s about conviction, do you believe BTC is going above $100K in the future?? If yes, obviously it’s a good time to buy, not as good as it was in the $60K range of course. However, there’s an alternative conviction, but it’s a fraction of the $100K+ ⬆️ which is it’s going to hit &30/40/50K ranges. MS & Strategy had another large buy last week, total conviction there. The market will always follow BTC for many years yet, there are some good alternatives that are low, have good fundamentals, and are still building/tweaking their product. I set three Alt lower limit buys last week, fully expecting not to hit anything anytime soon. One hit over the weekend surprisingly, but it was a spike down for a very short time period. It wasn’t much, but there are opportunities across the market, we’re firmly in the accumulation phase, just IMO of course 🤷‍♀️

dj_destroyer

He's managing to increase BTC per share (yield) nonetheless, which is the important part.

Intercellar

He's convinced BTC will become the defacto global reserve and replace/be in line with gold. If that happens, he will have immense power. U doubt he's in market manipulation business. Either way, it's a big gamble

Unusual_Cranbery

In large part, the crypto market has done this to themselves. There are a few cryptos out there with respectable purposes like BTC and BNB, But the majority of the crypto mind share in the general public is taking up by things that have crashed and burned, and the narrative continues to be pump out as much utter trash as possible.

Veganarchyst

Everything follows BTC That said, all other crypto goes to zero eventually and definitely against Bitcoin So either wait until Bitcoin starts climbing like crazy and get out then, or get out now because virtually all shitcoins are going to go to zero now or later anyway

Choice_Potato_6279

Good that people dropped "BTC and ETH", which was a thing with more conservative shitcoinsers, Shitereum is not much better.

Veganarchyst

Wall Street workers investing other peoples money make it seem like everyone is able to buy 100 BTC every day or week without thinking about it But the average person is DCAing 50 or 100 bucks a week or month if they can

pogosticx

Doing some quick calc (using ai) based on public information Using the current holdings of 815,061 BTC: ​% of Total Hard Cap (21M): ~3.88% ​% of "Effective" Supply (17.5M): ~4.66% So if there are just 3 to 4 such companies, then can control BTC like a Mafia.

jgilbs

Hamster Wrangler. My budget for BTC is only like $1.5M/yr

Veganarchyst

When you get in bed with capitalism and centralized corporations and banking systems, well, that's what happens (for Bitcoin supporters) You cannot stay private if you also want to use fiat and work with centralized capitalist corporations All other crypto has always been centralized and capitalist in nature, but Bitcoin isn't The original goal was for Bitcoin to be an alternative money and financial system. It still can be since there's no head of it and no board of directors, but now it's seen as a speculative market and a store of wealth Most people believe BTC "must" participate and play with the "regular systems", but it doesn't. Only if you want it to also be a store of value If you want it to be a system of money and trade (like it was back in Mt Gox time), then it can just be used as that money and trade right now and in the future All other crypto is garbage and speculative B's with a CEO at the top and pre mining to make wealthy first top holders and all of them can be rug pulled easily

skilg

lol old news (yesterday), Strategy has acquired 34,164 BTC for \~$2.54 billion, which happened earlier today! Its all over the news already!

salty-bois

This is an extremely difficult question to answer at this point in the market. Most alts are at ATLs, whilst ETH and BTC are getting a pump. I think the main question you need to ask yourself is one thing: Would I be OK - not happy, obviously, but OK, if everything you listed above went to zero? It also depends on how much money you have in these coins - if it's your life savings that's one thing, if it's a small fraction of your portfolio that's another. What we don't realise as noobs when we get into these alts is that many will die and never recover. We hold them expecting most of them to retrace to previous ATHs, at least, without understanding that many never will. If we enter a new bull market, some will get a pump, a few will get a big pump, less still will find ATHs again, and many, many, wil just die, forever. Only you can answer the question of whether you should sell OP. If it was me, which it's not, assuming I didn't have massive amounts of money in them, I'd be holding at this point. We can go lower for sure, but we've gone so low at this point the bottom may conceivably be in.

justcurious3287

Yes, I’m well aware you can buy BTC for as little as 8 cents at a time. But the goal is to accumulate as much as you can long-term. That’s why I was curious what people did for work.

itsmyfakeone

Yep it’s all BS except for BTC

Civil_Essay_7324

Self-custody scripts are a huge relief for the "bus factor," but for my liquid stack, I usually stick with Kraken or BYDFi since they have that 800 BTC protection fund separate from reserves. BYDFi has been around for 6 years now and they’re actually giving away $1M for their anniversary this month if you're looking to move some funds.

unknowngloomth

I learned my lesson. Every alt which its holders keep chanting it has a tech superior to BTC and ETH. That's a sell signal for me. The only coin is still being a bagholder of is just BTC.

Adventurous_Pie605

Complexity is definitely the enemy of security, which is why I stick to battle-tested venues like Kraken or BYDFi instead of messing with risky on-chain bridges. I’ve leaned toward BYDFi since they've been around since 2020 and maintain an 800 BTC protection fund for peace of mind (plus they have a $1M anniversary prize pool going on right now).😊

Few-Scratch6602

Most security research overlooks CEX-level solvency risk, so I stick to venues like Kraken or BYDFi that disclose actual insurance funds. BYDFi has 6 years of clean history and an 800 BTC protection fund (they're doing a $1M anniversary event right now too).

Nyanzerfaust

I patrol reddit and report users that show their BTC and crypto balances to the IRS

110010010011

Military. Two deployments starting over twenty years ago funded my investment accounts. I some bought BTC with those funds in 2015. That’s it. I don’t deposit anymore because my investments make far more money than I do. So the question I get goes the other way around: how can you afford three kids, a nice home, nice vacations, and a stay at home wife on a median salary? Bitcoin.

devCheckingIn

You have to tell Coinbase your cost basis for the BTC you bought and transferred in.

SherbetFluffy1867

Coinkite makes a couple of options, the Open Dime and the SatsCard. I gave my niece and nephew each a SatsCard loaded with $100 worth of BTC last Christmas. Went smoothly. I had previously given them Bitcoin on a Trezor One for each so this year I installed a Nunchuk watch-only wallet on their phones so they could generate addresses without needing to plug in their hardware wallets. The SatsCards are cool because they are reusable. Once I helped them sweep the funds to their wallets I repossessed the cards and I can load them up and regift again. Each card comes with 10 slots. Once you send funds and then sweep them off, one of the slots gets "burned" and the next slot is associated with a different key. Sounds complicated but it really isn't. https://satscard.com/

Snowman33001

MSTR has outperformed BTC since the company started acquiring Bitcoin. That’s one reason to buy MSTR.

labago

"all this BTC" are you assuming everyone is dropping thousands in it every week?

Fearless-Sherbert-40

Bro I am a glorified baby sitter at a rehab facility. My wife and I have been DCA’ing for the past 4 years, on entry level salaries. 1% of our direct deposit goes to BTC, I do $10 purchases every Tuesday, I do keep the change from our debit card into BTC. All of those DCA purchases are fee free because there automatic (I’m sure they get me on the spread but I don’t care). On a modest salary, and I mean fucking modest 1 bedroom apartment, we cook all of our own meals, I walk to work. I am a penny pinching cheap ass. I have saved more on BTC then I ever have on my own, that’s for damn sure.

Icy-Apartment4779

When you say poo, you mean BTC? and by bucket, you mean wallet?

OnlineGuides

This is one of the more realistic crypto stories I’ve seen. You did the hard part: you stayed alive through 2018 and 2022, trimmed the junk, kept buying, and actually used some gains for real life. That’s basically the hardest part If you wnt to get more systematic without going full trader-brain, you can even backtest simple rules (DCA vs DCA + take-profit ladder, or selling a % after big % moves) on takeprofit.com. It helps you pick a plan you can actually stick to when the next hype/crash hits. If you’re thinking home deposit: I’d treat it like risk management, not a crypto decision. Set a number you’re happy to lock in (even if BTC rips after), move it to something boring, and leave the rest to run so you don’t hate yourself either way.

MoverWhoStacksSats

I move furniture for a living. I’m an independent contractor have small crew I run. We get tips so I add those to BTC with a few extra dollars I have been doing it for years. Over time it has help to add up.

justcurious3287

No, I’m well aware that you can buy BTC for as little as 8 cents. But long-term, the goal is to accumulate as much BTC as possible, so I was curious what people do for work in this sub.

LibertyWithLiquidity

Worries me, worried me for quite a while now to be completely honest. This is an amount of Bitcoin that will not be left alone by the U.S. gov & the big boys and it can completely f the market, be confiscated, hacked, stolen, whatever. I hope Saylor doesn't turn out to be straight CIA & this whole Strategy construct is just what they tell us it is - a crazy guy buying an enormous amount of BTC through his firm backed by their shareholders & lenders.

excelance

It's not an income question, but an expense question. What do you spend money on that could be redirected to BTC; to self empowerment, to debanking, to opt out of the system?

bbatardo

He is single handedly propping up the price of BTC. Can you imagine the price if he wasn't buying?

FromtheBigO

He’s just being an asshole. There is upsides to both as well as downsides, but why be so emotionally involved about somebody else’s BTC/their finances in general?

TrainingQuail543

I mean it depends. If people are buying strc, they give you more Bitcoin per share as a holder of mstr. That could be a way to profit more than you do with just Bitcoin. That being said, it comes with additional risk to BTC of course.

Nunganunga

It doesn’t really make any difference if a hacker steals your anonymous or non-anonymous crypto. There are dozens of ways to anonymize even the most transparent cryptocurrencies via DEXs. Regardless of if you have BTC/ETH, or XMR stolen from you, you’ll still be stuck with your thumb in your ass & with absolutely zero recourse.

jakedaboiii

I wouldn't say I do that much...but I work in sales, and when I get some commission, I DCA some into BTC

SoFlyLabs

BTC can be broken down into Satoshis. Are you asking because you think you can only buy a whole Bitcoin? If so then that is not the case.

diamond143420

Got my USDC on Nook since spring, pulling 7.6% while I wait for BTC to dip. Its pretty nice especially when BTC is super volatile, like rn.

Koronavitis

I sold all my DOT and rotated into BTC. Only because of the hack. All of mine was already unstaked by dumb luck, so I thought it was a sign. I’m sure the price would have tanked more if it wasn’t for the standard 30-day unstaking period.

Arch_Lending

We're bullish on Bitcoin treasuries. Bitcoin has delivered way higher returns than cash sitting idle losing value to inflation. The best part? Companies can still access liquidity whenever they need it by borrowing against their BTC instead of selling. Genius Group did exactly that, built a solid treasury and borrowed against it.

Bysmiel

Real goat, unlike many BTC ETH dumped all and say f*ck crypto at least he is a true believer. Guys like vitalik and Kyle Samani only dump every cycle.

BioFrosted

Assuming endless resources to track someone though, it's possible to track every wallet to its origin. The newer the wallet, the easier it is. Truly anonymous wallets are likely those created at the origin of BTC and that have been dormant for a decade.

BioFrosted

People suggesting different coins are missing the point. As regulations evolved, so did traceability, to some extent. This is especially true for what we call **on-** and **off-ramps**, terms that designate how you necessarily need to start from a currency like USD to buy Bitcoin online, or the inverse to sell your BTC. But once you're on the blockchain, good luck trying to identify specific people. I'm not saying it's impossible, but it is very complicated. It's also very easy to find workaround. Cold wallets like Trezor will generate a new public address for every transaction towards your wallet - so now if you want to track someone, you have to track *every address*. No one's got time for this unless we're talking dozens of billions of followed money. And then you've got [Bitcoin tumbers](https://en.wikipedia.org/wiki/Cryptocurrency_tumbler), or *washing machines* as I like to call them, which were quite popular with Silk Road. The idea is simple : you send your BTC to an address, another 50 shady people do the same, and then you wait it out a bit, and that address sends it back to you, and to the other 50 people. Except since BTC is essentially fungible, you don't get "the same" bitcoin back. Following the money got even more complicated. The anonymous quality of crypto isn't and hasn't ever been oversold, in my opinion. It's just relative. Relative to high-value items like art? Much more untraceable. Relative to bank transfers? Even more so, or at least easier to hide. Relative to cash? Debatable, but at the very least significantly easier. Either way, 99.99% of use-cases will benefit from the anonymity and privacy that Bitcoin provides. And if you think you're in that .01% of cases... You're not.

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HUT2Moon

As soon as I hear someone say “shorts wiped out” I know they’re an idiot or paid pumper (which doesn’t exist for BTC only penny stocks) or both.

Primary-Version-4661

And what tax would happen if you lost the keys, are you able to take a loss for lost BTC?

Powerful-Mortgage128

Even if all central banks hold it, they hold such a small percentage of their overall portfolio wealth in it, it's just a blip for them if it goes to zero. I know many people who have their whole total wealth in property, and others in stocks. I have a mix of both. We all sleep well at night. But no one in their right mind would put their hard earned all on Bitcoin. You are your bitcoin cult can keep back slapping each other using the same rhetoric like DCAing, hodl, keep stacking brother, in an effort to convince new money to pay more for it than you did, as it's the only way it go go up in price, notice i didn't say value, but it's all a house of cards with no underlying value, and there will be a time when common sense returns to BTC price. Z-E-R-O