BTC

MatchboxVader22

Yep. Even half a bitcoin, you’re doing well. With one full BTC, you’re set. Just sit back and hodl and pray for good long term health.

tourbladez

I just sitting on BTC, ETH, HYPE, and TAO. Doing a little DCAing into BTC....

powerbone

Understanding private key ownership is critical; if you do not hold $BTC keys, you do not actually control the coins.

LiveSlay

As per astrology, in 2029 BTC will reach astronomical valuations. Bookmark this. :) dont ask which astrology.

Lavayo

I feel it's bearish too. On the one hand we did not make a similar move for the last 5 year considering the ATHs. On the other hand there is so much happening in the world rn and with BTC... There is potential for such growth. BTC is so small.

Crazy_names

Rule #1. Don't listen to people in your DMs telling you they can double your money/BTC/or offering to help recover your wallet if you send them your keys. Most people who message you directly are trying to scam you.

HealthyUniversity204

1 BTC = 1 BTC is the right answer but yeah in practice it gets messy some exchanges will freeze your account if coins are linked to hacks or darknet stuff, even if you bought them legit and had no idea. the blockchain is public so they can trace everything back mixers do get flagged too and some exchanges straight up reject any coins that touched one, so you trade one problem for another. people stuck with tainted coins usually try p2p or smaller exchanges that dont care as much, or they just sit on them hoping things change

stunvn

Yes. 5% of my portfolio is Bitcoin and 95% is BTC.

Babylon_Official

It will only keep growing with things like Trustless Bitcoin Vaults being built where you can borrow against your native Bitcoin and make it productive. Once you have an efficient way to use your Bitcoin as collateral — in a safe manner, without bridging, wrapping, or custodial risk — that opens the door to do whatever you want. *Lending → Yield → BTC-Backed Stablecoins → Bitcoin Options → DeFi Insurance → Perpetual DEXs → GoMining (native BTC mining yield*)

BrendanRodgersss

$100 a month is enough to start. The amount matters less than whether it's money you can genuinely leave alone through a bad drawdown. I'd get the debt/emergency-fund side of your finances in order at the same time and treat BTC as a long-term allocation, not the thing that has to rescue your retirement.

Gustavo_de_Melo

Não existe Exchange descentralizada no seu país, como a Bisq? É uma plataforma P2P para troca de BTC e dinheiro.

PreferenceOk2716

I’m curious where people draw the line with corporate Bitcoin holdings. Strategy buying more BTC sounds bullish, but does it matter to Bitcoin if a growing share is held by a few public companies? Or is that just another form of adoption?

BrendanRodgersss

I'd use fiat for bills unless selling BTC is actually necessary. That's basically what cash savings are for.

BigPaleontologist887

Good call, you already answered it. Spending fiat when you have to pay bills keeps your BTC intact for the long run; selling BTC for everyday expenses is how people accidentally exit their position at the worst time.

MF_Price

If God really hates you, wouldn't he make sure you're ticker can *always* display the price of BTC? I mean assuming you're invested and didn't just but a ticker without owning any.

ZannyNanny23

Stack on the essentials that supports the future like AI and information and the rails that the or anything with value will be sent on for information and infrastructure play ( chain link) AI play I choose TAO ( bittensorTAO) and BTC AND ZCASH for value in the future to hold for years, but I think the next 2 years especially the next 6 months will be a great bull market, I also have Canton (CC) and ATH for compute as a commodity and for the safe play I got silver and gold, plus (ICP) internet computer protocol an stocks are all crypto treasures like MSTR AND PURR

throwaway12three4

Regular BTC. I see how many Bitcoin I have. No on going fees. 1% to sell or buy. Free withdrawals if I ever want to move to another exchange.

significant_soldier

The reason an estimated 3 to 4 million Bitcoin are permanently lost isn't because the cryptography broke; it’s because holders failed to solve the **Inheritance Trilemma**: creating a setup that is (1) resilient to theft while alive, (2) recoverable by non-technical heirs after death, and (3) immune to single-point failure. Before discussing setups, there are two common suggestions in this thread that are catastrophic in practice: 1. **"Put the seed phrase in your will":** **Never do this.** Once a will is admitted to probate, it becomes a **public court record**. In many jurisdictions, anyone can pay a nominal fee to the county probate clerk to inspect or receive a copy of a probated will. Writing a seed phrase or private key into a will is essentially an open broadcast to the public. 2. **"Just leave it on an exchange; wallets are outdated":** Surrendering self-custody replaces technical friction with counterparty and legal friction: exchange freezes, insolvency risk, probate delays that take years, and tax drag. --- ### The 3-Tier Sovereign Inheritance Blueprint To pass down self-custodial Bitcoin safely, you must decouple your setup into three separate, non-overlapping layers: #### Layer 1: The "Inventory & Map" (Zero Cryptographic Secrets) Keep a physical binder or laminated document in your home safe (or with your attorney). It should contain **no seeds, no private keys, and no passphrases**. * **What it lists:** * The hardware devices you use (e.g., Coldcard Mk4, BitBox02, Jade). * The coordinator software required (e.g., Sparrow Wallet v2.x). * The legal entity or trust that owns the assets (allowing your executor legal standing under acts like RUFADAA). * Plain-English instructions on where to find Layer 2 and Layer 3. #### Layer 2: The Physical Key (Seed at Rest) * **Format:** Stamped into 304 or 316 marine-grade stainless steel (fireproof to 1,400°C+; paper and plastic fail in house fires). * **Storage:** A secure physical location (e.g., bank safe deposit box, home floor safe, or trusted executor's vault). * **The Caveat:** If using a BIP39 passphrase (the "25th word"), this seed phrase alone will derive an **empty wallet**. #### Layer 3: The Knowledge / Decryption Vector (Passphrase or Quorum) If you use a BIP39 passphrase or a multisig quorum: * **The "Silent Empty Wallet" Trap:** You must document for your heirs that a passphrase exists. If an heir restores a 24-word seed and sees a 0.00000000 BTC balance, they will assume the funds were drained or nonexistent and may discard the backup. * **Separation:** Store the passphrase physically separate from the 24 words (e.g., Layer 2 in a safe deposit box; Layer 3 in a sealed tamper-evident envelope with your estate attorney, released only upon presentation of a death certificate). --- ### A Word of Caution on Shamir (SLIP-0039) Using 2-of-3 Shamir's Secret Sharing (supported on Trezor and Keystone) sounds great in theory, but consider your heirs' technical literacy: * SLIP-0039 shares are **20 or 33 words** and are **incompatible with standard BIP39**. * If your spouse or child tries to type a 20-word Shamir share into Electrum, Ledger, or BlueWallet, the software will throw an "invalid checksum" or "unsupported mnemonic length" error. Unless they know how to locate a SLIP-0039 compatible tool, they will think the backup is corrupt. --- ### The Mandatory "Dry Run" Test If your family hasn't successfully completed a recovery drill while you are sitting in the room silently watching, your inheritance plan is purely theoretical: 1. Set up a spare device or clean desktop instance. 2. Hand your spouse or designated heir your written "Inventory & Instructions" document. 3. **Do not speak, explain, or assist.** Watch where they get confused. * Did they know how to open Sparrow? * Did they understand what a "change address" or "derivation path" was? * Did they transcribe the passphrase with a stray space or wrong capitalization? 4. Edit the instructions until a non-technical family member can execute the transfer to a known address without you uttering a single word.

Beneficial-Mood240

If 30% BTC is your chosen allocation, paying bills from cash isn't a dilemma, it's the plan working.

greglogan84

For the exchange side I’d compare the **all-in cost**, not just the trading fee: deposit cost + spread + trading fee + BTC withdrawal fee. An exchange advertising 0.1% trading can still be more expensive overall if the withdrawal fee or spread is bad. For storage, the bigger upgrade is getting the recovery process right: hardware wallet, seed offline, and verify the receive address on the hardware device itself before sending meaningful amounts. I also like doing one small withdrawal first before moving the rest. I work for Cambio, but we’re crypto-to-crypto rather than a fiat BTC on-ramp, so I’m not suggesting Cambio for what you’re asking here.

Turbulent-Land-5664

I have tried to investigate this but I do not understand it. I researched one place, they give you BTC and interest is also payable in BTC so as the value of your BTC grows so does your payment. I do want to understand themechanismbetter because more peoplearetalkingabout it, I just cant seem to wrap my brain around it.

Turbulent-Land-5664

Its ok to reflect on ideas and have anon conversations. I do not know anyfinancialplanners that would work with me in the BTC space. I have a guy if I need him. My problem is that I am pretty much rogue - I dont fit into any kind of classic scheme. Another way to say that is - I am not easy to help.

Luminous_Emission

It's 50 of the things you buy BTC with.

Legitimate_Cry_5194

Put around $300K at $75K, BTC maxi. Waiting for ATH+ prices, which means sitting on the sidelines for a couple more years or so.

Straight-Sandwich-57

What’s the best way to educate myself on self custody of BTC & keeping it in hard wallets/cold storage. Thanks

CorfranGoch

I've spent my whole life being shit with money, aside from buying BTC years ago when the FOMO hit. Now that I'm 7 years from retirement and paying attention, I'm so relieved that I made that one good decision. I also lost my tech job but they mangled the redundancy so the court settlement will pay off my mortgage. Thank fuck for unions.

DanielTheTechie

I already did my homework during the floor of the bear market: when BTC touched the weekly SMA200 I did all my purchases using this distribution: 40% BTC 20% ETH 10% SOL 10% HYPE 10% PENDLE 10% AAVEE These are my current returns: https://preview.redd.it/cdvliuyryesh1.jpeg?width=1366&format=pjpg&auto=webp&s=5b1c56e2e4e2613a21ec3e3dd3db1456244805d9 And I already opened the limit sell orders too based on each coin's monthly volatility and in two different levels per coin. So when it comes to the long-term investing part, I'm done until 2027-2028. And in a separate account, in a different exchange too, I'm doing my weekly trading activity.

badkuipmeisje

monthly DCA in BTC and working on an auto crypto trader (dry run, no fiat involved) which falls below BTC most of the time so it's keeping me busy learning about trading.

SuperOrbital_Trading

Unless you buy an ASIC for way too much money and then pay to have it hosted elsewhere where you can get $0.07/kwh electric rate BTC mining is completely unprofitable. If you just want a shot at solo mining a block and making 3.25 BTC all for yourself, I would look at something cheap like a Bitaxe. You just set this thing up, and let it run 24/7. Make no mistake, this is a sheer lotto play and will probably only every cost you money (initial cost plus small amount of electricity). But to me this is the only logical way of mining ATM. The other option is to mine a shit coin and convert to BTC, but again the fees, margins, and electric costs make this mostly unprofitable to maybe just not worth the time. Honestly, the best thing to do now is just DCA into BTC and treat it as a long term investment hold. It will cost you less per coin by a pretty wide margin and involve 99% less work.

rakibulatx

$BTC 100k coming soon

LoathingLoather

This shitcoin is nothing. BTC forever

tenor_tymir

Are there any ongoing costs associated with holding your BTC with Fidelity? Are they regular BTC or some sort of ETF? Can you hold actual coins with them?

ElderMight

21M ÷ 1 = 21M people max can own 1 BTC 21M ÷ 8B population = .002625 is top 0.2% of btc holders.

HankScorpio2020

What is this magical thing you call "bucks"? We only know sats and BTC here, stranger.

Ok_Body_2830

Stick to BTC is definitely the best advice for someone who is all in on crypto. If you are primarily invested in traditional safish assets with a fairly small share in crypto specifcally to expose a small amount of your investments to high-risk/high-reward opportunities, then there is an argument for more speculative investments. The more of your overall investments are in crypto, the more of your crypto investments should be in BTC.

Ok_Body_2830

I hold a wide (probably too wide) range of alts. In the past, I have made the mistake of round-tripping too many gains by holding out for higher prices before selling anything. So I made a concious effort of starting the ladder out process at more modest gains. E.g. Sell the first 10% chunk at 1.25-1.5 the price I bought. The past month or so I have hit the first rung of the ladder on a lot of the coins where I had a decent entry price. Sometimes 2 or 3 rungs if they have been on a real run (e.g. NEAR). If they go back down to my original entry price, I will top back up to my initial quantity and keep some modest profits from this mini-bull. If the next move is to continue upward, I will keep laddering out at a rate that allows me to take profits but keep some exposure to huge breakouts. So that is what I am doing right now in terms of active buying/selling. For the chunk of my portfolio in BTC, I am less concerned with taking short term profits. It's a more stable asset, so the short term profits would be a lot smaller percentage wise and I am perfectly comfortable holding it long term. So I am just hodling. I may buy a little more, particularly if prices go down. I have some ETH which is getting a similar treatment, and a little bit of BNB, SOL, and XRP which I am treating as midway between the stable asset and speculative altcoin.

SuperOrbital_Trading

Tbf, even Saylor said something along the lines of waiting out this dead cat bounce before buying again. Not that he knows anything more than anyone else, but he does control a large portion of BTC.

ConcernSquare2474

I was financially illiterate until my 40’s, had nothing of value but also no debt, work eat sleep and pay bills, everyday forever. Had saved some money (like $50k) and decided to read up and take risks because I had a family and was going nowhere to secure my/our future a bit. Started mid 2017 with mixed portfolio of stocks, BTC and shit coins. While selling most stocks and shit coins for profit asap, I hodled most BTC through 3 bull runs and bought whatever I could afford in bear markets. Went through some real shit, like work related health issues, wife fucking around and leave me with kids. I survived. Wife came back with regrets. I sold some BTC in 2025 at 120k to buy a house because rent exploded and I wanted something tangible for my family. This year my job was moved to a lower cost country and I was laid off after more than 15years and you know what? I don’t give a fuck no more. I started to study something new. Bitcoin enabled me like nothing else ever. Lucky me, was at the right time at the right place and did the right thing. Thanks Bitcoin! I bought heavy again in this bear btw. and I still have some stocks and minor shit coins “for the tech” but nothing reasonable (yet).

throwaway12three4

Yes. I first moved it to a regular BTC account with Fidelity. Then I noticed there was no next of kin option so I moved it to a joint account with my wife. That way if something happens to me my BTC stays out of probate court.

neelsmith74

You can still mine and be profitable. Below is not accounting for hardware, difficulty adjustments and halving events. However higher BTC price and AI pulling miners to compute is helping hashprice. Electricity Rates and Miner Cost per BTC mined. S21 XP @ $0.08: roughly $55K–$58K/BTC S23 XP Hydro @ $0.07: roughly $31K/BTC S23 XP Hydro @ $0.06: roughly $27K/BTC Also if you're structured properly you can CAPEX 100% of all hardware in year 1 and OPEX 100% electricity. Im refining my AI software guidance system now, to take in even more variables with deterministic calculations before feeding AI interpretations.

Alphius247

He meant Steak n Shake offers to pay their employees in BTC or a percentage of their salary in BTC or bonuses in BTC. I can’t remember which.

blastermckaster

BTC 60k by mid October

AutoModerator

Post is by: Bcom_Mod and the url/text [ ](https://goo.gl/GP6ppk)is: /r/bitcoin_com/comments/1wsxgb8/someone_tested_ill_buy_after_a_30_dip_against_216/ Adam Livingston, VP of investments at Strive, took every new 52-week closing high from January 2017 to October 2025, 216 in total, and modeled a buyer who skips that price and waits for a pullback before getting in. A 30% drop from a later peak took a median 134 days to show up, and in one case 881 days. In 61% of cases, the price you finally bought at was higher than the one you passed on. [His example: skip BTC at $12,300 in August 2020, wait for your 30% dip](https://news.bitcoin.com/market-updates/waiting-for-a-30-bitcoin-dip-backfired-in-61-of-tested-cases/), and you end up buying at $43,580, about 254% higher. The dip arrived, but from a peak far above where you started. Smaller dips weren't much better. Waiting for 10% took a median 14 days and still gave a worse entry 57% of the time. Waiting for 20% took a median 44 days and did worse 52% of the time. The asymmetry is the brutal part. When waiting for 30% paid off, the median entry was 19% below the high you skipped. When it didn't, the median entry was 76% above it. You're risking a lot to save a little. Two caveats are worth taking seriously. Livingston works at a Bitcoin treasury company, so his incentive is obvious. And the 216 highs aren't independent, since many come from the same rally, which inflates how clean the result looks. The October 2025 peak is also the counterexample everyone here lived through: anyone who waited from $126,000 could have bought under $58,000 by June 30. Even with those caveats, the pattern holds. "I'll buy the next big dip" usually means buying later, higher, or never, because the dip you're waiting for is measured from a price you haven't seen yet. Most people saying it are holding cash waiting for a discount that keeps moving away from them. If you believe in the asset long term, the data says a fixed schedule beats a price target you invented. *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.*

Boston_Celtics_33

What's your average buy-in? My average is 41K. I don't have a full BTC, but I'm happy with what I do have.

titicaca123

What other legit coins have more growth potential than BTC and ETH ?

cubeeless

BTC to $400k!

JimmySki6166

BTC is the greatest asset one can purchase!

FRNCS_3

Buying $10 of BTC everyday. Im on day 19

wisteriacat1

I believe psychology will break this trend, as more and more people buying Bitcoin is very convicted that it will only go up. What this looks like is, In the year 20XX, Low conviction, indivdual lifestyle buyers will be selling only .001s, and .01s of bitcoins, and not multiples of 1, 10, or 100. A the same time, corporations may be funneling all incomming investment capital into Bitcoin purchasing 10s and 100s of bitcoin. I believe this disparity is caused by the informed Big Buyer (Countries, CEOs, Industries) knowing the power of holding as much BTC as you can As compared to the small seller, who is only buying and selling to retire or make a quick buck as the word of "number go up" is an easy pitch for gamblers, who have zero long term investments.

No_Knee3385

I can't wait to get physical BTC

ilovesaintpaul

True that. But I and thy both follow the truism about BTC.: we both ≠ know shit about fuck. So, I retract my bold claim. (But DCA still.) PEACE

nuclearmeltdown2015

I was buying BTC and LTC up until 3 months ago now that it's rising up so rapidly I agree I'm just gonna chill out in happy with the size of my stack but if it drops more I'll buy more and if I see LTC hit something like 15 bucks then I'll take out a god damn loan to maximize the amount I can buy altho I don't expect to ever see it reach that level 🤣

TheCurlyHomeCook

You realise 100 a week is more than most people have available to invest in any asset? That's why people stack 'small'. Because small is relative, as is wealth, as is conviction in BTC. That should just about cover it.

Pocampo_

Short on BTC from 85500 and holding my DCA bag

chubs66

I understand that BTC is older tech. It doesn't matter. It's good enough to keep funds secure. You don't seem to understand that this isn't a competition between two technologies. ADA doesn't have to have better tech than BTC, it has to have better tech AND better adoption than BTC, Eth, Sol, Avalanche, Near, Cosmos, Hyper, Sui, etc. etc. The tech can be debated, but adoption is a lot harder to argue. ADA has simply failed to gain any kind of traction. BTC is actually being used as a store of value. Eth is actually being used for transactions. ADA has failed.

Arc_ClutchUp

Nuclear strike? Would that entail economy’s crashing, fiat to burn, and BTC adoption? Then yes I will be happy :)

tenor_tymir

Are you 18+ yet? Where are you from? There are many exchanges that will let you buy BTC as soon as you turn 18.

Background-Ad3810

I keep wondering why you chose Bitcoin? Let's say your avg was 50k, In the next run, it might reach 150k-170k, so a max of x3 of your investment. There are so many other coins with much more potential. A few that could easily go x5-x10.You can also diversify much more and spread your risk. BTC is good to accumulate and only sell for your retirement in 20-40 years. But not for short-term profits.

fan_of_hakiksexydays

BTC just needs to keep its shit together just 2 more days, and preferably stay above $81K and those long liquidations. Then it's Uptober! And we don't have to worry about any bear market anymore. October is the month that's historically more likely to be green.

AdOk1101

You may not be aware that you are misinforming the public. ADA literally implemented an enhanced version of BTC's UTXO ledger and it didn't require bespoke specialized and very expensive encryption/decryption compute hardware to achieve "secure store of value". I'll translate that for you. It means ADA does what BTC does, and does it at a much much lower cost and a much high degree of security due to the additional decentralization of ADA's network due to not having to rely on specialized compute hardware for encryption. The cost of transacting BTC will never go down, it will only go up, and it will be unpredictable. ADA will not go up, and it will always be predictable...because that's how ADA was designed. BTC wasn't designed that way....and it's another reason why it's an obsolete network protocol. Just because BTC was first doesn't mean it is the best...that's not how tech works.

AccomplishedDig4284

That's an awesome amount and keep holding but be sure you're also investing in something that allows safe and steady returns as your compounding results will be astronomical. If all you is DAC BTC you'll potentially have a huge opportunity cost and miss out on those down the road.

Electronic-Bet-5106

DCAing into BTC, ETH, and SOL. Nothing exciting.

Fall-For-October

I’ve been trying to get to 1 BTC forever. I’m at like .78 haha

AttentionDismal9632

Buying BTC and betting on its next move are different things. Credit to Moon for making that distinction clear. Your reason for buying matters more than a Reddit vote

Much-Cobbler-9511

The chill part is harder than it sounds. Moon having a play money mode is handy for keeping price guessing separate from actual BTC. Holding still comes with no guaranteed profit

Pleasant_Maybe_5523

That’s the interesting part. Price is moving, but it doesn’t feel like peak retail FOMO yet. Curious what happens to searches if BTC breaks another major level.

No-Confusion4519

Interesting way to look at it. BTC vs USD gets all the attention, but comparing it to gold gives a completely different perspective.

bearface_1379

You are rich in BTC terms, you will be wealthy in fiat terms.

soks86

Oddly that's just a few months after the BTC network started mining. Wild. Unstoppable.

AuthurPEn

Your 12k is safe buddy as of today, users with BTC can withdraw and by firday other withdrawns and P2P will be available so no need to worry

AttentionLanky94

"write me a BTC book with all the information that's already available on blogs, websites, etc. Also, tell me how to market this stupid book because I'm a total dumbass loser"

Albert14Pounds

And least we forget that our sample size is VERY small. People really like to compare against past cycles like it's a given that they will repeat and brush under the rug the variance we've already seen from cycle to cycle. IMHO with how much the BTC/crypto landscape has changed in that time it would almost be more weird if it did just continue to follow cycle patterns. You basically can't have a cycle pattern repeat exactly like it has before because otherwise it would be a sure bet to time the market based on that.

Livid_Cucumber9452

10 BTC

AmeriChino

Dumped. Still 1 BTC.

warhol2020

Better than other people that have 0 BTC

UnsersGottaGo

1. i'd hit that LOC hard first. sell enough assets to eliminate 24k LOC. 2. you own a quarter million cad in liquid assets. you are asset rich but cash poor. you don't have a liquidity problem you have an asset allocation problem. for your retirement, i'd suggest Guaranteed base layer: CPP + Pensions + OAS ~ 2100CAD/month Buffer layer: 12-24 months of cash reserve (e.g. savings, GIC ladder). if bitcoin crashes use this buffer instead of selling on a downswing. Spending BTC layer: 1btc, max plan 0.04btc withdrawl per year, replenish buffer during stronger years. legacy BTC layer: 1 btc, multisig, multiple wallets, long term hodl. TFSA: emergency/diverisification/non-btc layer to give you optionality. normally i'd be all over TFSA for retirees minimizing tax, but moving abroad and staying there (even retaining canadian tax residency) complicates how TFSA may work. Research this part becuase tax benefits of the TFSA may not be recognized by your destination country, and CRA may not even permit a tax benefit on a foreign orignated contribution to TFSA. tl;dr f bitcoin crashes 50%, OP lives off the buffer layer, and wait to sell btc for a while. get out of debt, you don't need to leverage anything. you have a stack, guaranteed streams of income, so take care of your health and i hope to hear you are on a warm beach somewhere.

Beautiful_Level_3259

The issue is the next big SPY crash won’t be a Covid V type crash. It’ll likely be a multi year depression. BTC will have to navigate that which will be interesting.

Stephamation

I dont mean this badly, but you need to educate yourself further about what BTC actually is and how it works before you buy any if you aren't even sure if you're using the term "exchange" correctly

NyynoMuk

Hence “buy, borrow, die.” Loan proceeds generally are not taxable income since they are a debt obligation, and if you can borrow at terms and rates such that BTC growth in fiat value terms is greater than that of your loan interest, you win the long game. Same as wealthy people across time leveraging assets through loans to further grow their assets. I realize the bitcoin loan industry is still in its relative infancy, but it does exist and is growing. Do whatever you can to ‘never sell your bitcoin,’ to whatever extent possible.

Original-Smell3460

107k by October is a bold call. BTC can move fast though. This might be a fun up call on Moon if the momentum keeps going

Negative-Two9250

The replies are split between waiting for a dip and calling 100k. Kinda curious where Moon’s BTC calls land on this one.

Mammoth_Eye_8198

You can answer the normal questions, but the secret backdoor stuff would wear me out too. Moon can show him what BTC is doing, but he’s gotta decide for himself whether he trusts it

tyweed220

I think they mean move to a country like Indonesia where the cost of living is a fraction of Canada. You could live 20 years off your 2 BTC in a 3rd world country easily, and probably pretty comfortably.

GMBPowerPlatformDev

Don’t sell BTC for it. If u can use fiat that you’ve saved for a home do that instead. Let the BTC appreciate As the other commenter said, you’ll thank yourself 10 years down the line for not selling, you’ll likely have enough to take out a small loan against your BTC (10% loan to value) and use that for your spend or investing in other assets

bitusher

Satoshi having 1 million BTC is a myth created by sergio which was quickly shown to be flawed and contradictory. Here is Sergio's original post - https://bitcointalk.org/index.php?topic=175996.msg1832533#msg1832533 and followup https://bitcointalk.org/index.php?topic=178629.0 Where Greg and others point out flaws in his research and how some of it is self contradictory Here is Bitmex's follow up research on the matter - https://blog.bitmex.com/satoshis-1-million-bitcoin/ >In conclusion, although there is strong evidence of a dominant miner in 2009, we think **the evidence is far less robust than many have assumed.** Although a picture is worth a thousand words, sometimes pictures can be a little misleading. Even if one is convinced, the evidence only supports the claim that the **dominant miner may have generated significantly less than a million bitcoin in our view. Perhaps 600,000 to 700,000 bitcoin** is a better estimate. >**None of the above says much about whether the dominant miner was Satoshi**, although we know Satoshi mined block 9, which we have allocated to the dominant miner in our analysis. **However this is in a slope of just 11 blocks, so it’s certainly not conclusive**. Whoever the dominant miner was, it is of course **possible the keys have been lost or discarded by now**. > The analysis is built on a logical fallacy. In any period there is going to be at least one miner who has the largest share or the steepest rate of increase in the ExtraNonce. There are also going to be at least some types slopes which do not overlap. Grouping these slopes from potentially different miners together is misleading and potentially based on flawed reasoning. Thus block 9 and genesis block was created by Satoshi 100%, and the evidence reflects he might have mined 11 blocks at least in addition to the genesis under these assumptions . This means the evidence suggests we definitely know satoshi mined 2 blocks , and likely mined 11 blocks, and that **perhaps** there was a dominant miner who mined between 600-700k bitcoin(not blocks). **There are other explanations for the extranonce pattern that do not point to a dominant miner. Simply a similar software setup can cause this.** Since there was over 5 days between the genesis block being mined and block 1 and difficulty was 1 it would be safer to assume satoshi waited for other miners to start mining before joining in . Satoshi released the code 2 months before launching Bitcoin on multiple popular mailing lists and designed the original client so multiple peers on the network must exist to produce blocks. Here are examples of at least 2 early miners mining alongside satoshi from the start https://stephanlivera.com/episode/314/ https://twitter.com/halfin/status/1110302988

bitusher

Estimates suggest 2-4 million BTC fall in these categories: 1) **Lost Bitcoins** = when owner loses his private keys or backup of keys and wallet and cannot move his UTXO 2) **Unspendable Bitcoins** = coins that cannot be spent like the 50 BTC in genesis block 3) **Burned bitcoins** = Bitcoins that are sent to a Burn address that no one has access to the private keys like 1BitcoinEaterAddressDontSendf59kuE 1CounterpartyXXXXXXXXXXXXXXXUWLpVr 1111111111111111111114oLvT2 1QLbz7JHiBTspS962RLKV8GndWFwi5j6Qr 4) **Destroy Bitcoin** = Using OP_RETURN or not redeeming all the block reward if you are a miner When any of the above happens it does not harm Bitcoin network at all, and simply acts as a charitable donation to all Bitcoin users making Bitcoin more scarce >what's the true available supply being traded on exchanges today? This is a much different question because most Bitcoin is being held in long term savings and is not available to be traded anytime soon.

urban_moss26

the amount matters less than what the rest of your finances look like . Emergency fund , debt, expenses , other savings etc. are probably more important than hitting a specific BTC number

Far_Kaleidoscope2346

carrying a four-year mean block forward basically assumes every future cycle is going to mirror the exact amplitude and duration of past halving regimes, which breaks down hard when institutional ETF flows and structural market shifts start dampening volatility. a stationary bootstrap with a shorter expected block length captures local volatility clustering and momentum way better, but it still struggles with long-duration structural regime shifts like a multi-year macro bear market paired with sticky inflation. if you're simulating a 30-year horizon, relying purely on fixed-percentage withdrawal rates without dynamic guardrails (like guyton-klinger or mvrv-adjusted spending rules) is just going to spit out ruin probabilities that are either unrealistically optimistic or overly paranoid showing the actual sequence of withdrawal paths and the depth of maximum drawdown duration is infinitely more useful for real-world planning. the major flaw in most paper monte carlo models is that they assume a frictionless, 100% liquid spot BTC stack. in reality, anyone actually living off a crypto portfolio usually holds a fragmented mix of mainnet BTC, yield-bearing EVM stables across L2s, and wrapped assets to buffer sequence risk without constantly triggering taxable events on spot sales during market dips when you try to map theoretical simulation paths onto actual live wallet execution for quarterly rebalancing, off-chain accounting gets messy fast. if you're auditing multi-asset reserves across different networks, manual checking on individual block explorers is painfully slow. i usually just toss public addys into debank, zapper, or cryptowallet-balance when I need a multi-chain wallet checker snapshot of raw liquid holdings vs locked contracts and random dust before setting the actual cash buffer size. if the model assumes $100k in liquid stables for sequence-risk protection but $20k of that is actually tied up in bridged contracts or illiquid pools, your real-world drawdown runway is way shorter than the chart suggests and that's before accounting for the execution discipline required during drawdown periods. electrum to liquidate cash for living expenses while down 60% takes serious mental stomach. are you assuming a fixed inflation-adjusted dollar withdrawal rate in your path models, or are you testing variable ceilings and floors based on on-chain valuation metrics?

Turbulent-Land-5664

This is interesting. Are you telling me STRC is paying 12%? If I did sell the BTC it would definitely be used to maxx out the TFSA and in a way that provides supplemental income. As we age we do tend to want something more reliable and less risk. It only makes sense.

perhapssergio

Try to be closer to 1 BTC at 22. Not bad tho

Burrito-Picoso

Better than 0.332, worse than 0.334. =\] Saving in BTC is never wrong. You are doing great.

Head_Work8441

You have 2 BTC and you are almost 65, Best case scenario, if you survive till you are 75 and healthy( That is the main driving factor) If you are able to walk and talk till then, and you have your memory intact, I would say your 70s will be wonderful, I am happy for you that you have 2 BTC. do not pass those onto your children, Just utilise them for your own benifit I am mid 30s, I have around 0.4 BTC, I do not plan on growing that investment as of now because of my other expenses, I am planning to keep myself healthy and survive till 2065, If in next 10 years BTC blows up and becomes a big asset type, We will win. If not, I will pull the plug and invest in something else. but for now, I dont see anything else catching up right now.

Spiritual_Toe_622

Love seeing the BTC/gold chart, the trend is undeniable even if we're still far from that 41 oz peak

Darth_Liberty

Well I've been calling bullshit on the four year cycle since I first heard it, and right now I'm continuing to call bullshit on sub $60k future BTC prices. Look, black swans - as you alluded to - can occur. But in that case it will be a Covid-style flash crash with a V-bounce, not a sustained price level. The fundamentals of BTC are just too strong to allow for sub-$60k prices. The floor has been well established as per the exceedingly solid base price trendline one can see on a BTC Power Law chart. In a world in which SPY (and numerous others) could well crash, toppling entire markets, hard assets like BTC will initially be sold off to prop up etherral fiat-based assets, but will then rapidly be reaquired by those rushing into hard assets precisely because fiat markets are cracking at the seams. BTC has been running close to the base levels for a long time now. Weak hands are largely gone and funds have CONTINUALLY been moving into the hands of longer and longer term hodlers. I stand firmly by my declaration of no further BTC prices in the $40ks and $50ks.

Cryptomuscom

Better than 0.0 BTC at any age, keep DCAing and stay humble

Impossible_Try_1985

The best thing is that you learned investing in the right asset from a young age. You don’t only own BTC now, but also a great mindset. But do not invest money you might need in short term, so you never have to sell your BTC.

jojothehodler

It's 1/100000000 of the total supply of BTC that will ever exists.

Ok-Independence6469

I had my opportunity to get about 0.3 BTC twice. I would’ve had about 0.6-0.65 BTC had I made a rational decision. Instead I chose to gamble and poof 🤣🤣

TameemJi

Most people don’t even have 0.003 BTC (\~$250). You’re doing great.

jawni

Pump and dump schemes are how I found out there were coins besides just ETH and BTC, but this was back in 2017. I was playing PUBG competitively at the time and someone from the community posted on Twitter like "isn't this shit illegal?" I joined the discord to check it out, basically it was pyramid scheme where the more people you got invited to the discord, the earlier they would tell you what coin was being pumped. I tried it once out of curiousity, put in like $10 and the coin they picked pumped but only for like 30 seconds and by the time you knew which one it was, most of the pump was already over. I imagine it works similarly now, but instead they probably just launch their own coin.