BTC

ptsi8

You can’t do the math and figure out that BTC went up more than 55% since 2016?

Impossible-Bend-2441

Yup, 100 percent true. And the rate of appreciation has drastically decreased in each bull cycle since Bitcoin began. I admire the courage of Bitcoin investors, and congratulations to anyone who made money on it, but it's a game of depreciating return, and hostirical FOMO. Bitcoin reached peak excitement about 6 years ago. People believed the block chain technology was going to underpin the entire economy back then, and the use cases were almost unlimited in possibility. People who doubted its potential were the laughing stock. Now, look at what this technology has become. It's literally just Bitcoin. It runs 100 percent on belief, no future promise, no use beyond what it's currently used for. I don't think it's going to zero but holders should get used to BTC getting beat by just about every other non FIAT asset from here forward, and stop expecting 2009-2019 returns. After another 5 years getting beat, is it time to question how BTC is a hedge? Ten years from now, I believe BTC will probably still exist, just a form of digital exchange for certain sectors of the economy, a non governmental, decentralized, independent currency...not the path to generational riches....which is in fact what its creator intended. Is that so bad? There's a place for it. It's a pretty smart invention. It's just not going to spawn instant billionaires anymore. So what?

7omar3

Not sure where you are infering hurt feeling from but I guess you are projecting.. it is good you are correcting, now let me add this: Demand stems from but not limited to, price and scarcity, price for bitcoin being currently, relatively low and scarcity being a constant key attraction, therefore current conditions favor demand for BTC. (Not buying or selling advice, just factual observations)

HeirSwitch

One helpful framing is that the BTC stays on-chain; a wallet is what lets you authorize spending, so self-custody shifts trust from an exchange to your own backups and recovery process. Practicing with a small amount and verifying recovery before moving more makes that responsibility concrete; keep the seed offline and never type it into a website or app.

Dragnskull

the highest it got in 2020 was 26k which would be nearly 3x in 6 years today. 300% in 6 years is a great return. What you've expressed is also unrelated to the guy I responded to's statement. He said 6 years have been stagnant and there's no stipulation of "time isn't on my side" for his comment. Over the last 5 years the only way you've lost in btc is if you refuse to buy on the lows and wait until FOMO kicks in making you buy at the top of the market cycles. I say 5 years because if you actually bought at ANY point in year 6 (2020) and held you're profitable right now. If you refused to buy on the lows and only reacted to FOMO at the top of the market, or panic sold on the downswings then that's a trader problem not a BTC problem, lol. Anyone trading like you're supposed to trade and not being an emotional lunatic with their money has been able to make out like a bandit.

DankShibe

Yes. Doge ( and most alts ) do worse than BTC in a bear market but do better than in a bull . 100k doge are worth 5k now . If one trades them for BTC they will worth 15-20k in 2028 while they will worth 45k+ if they remain as doge . Doesn’t make sense to trade doge for BTC in the bottom of the bear market.

Guateaeon

BTC is cool. But you should https://preview.redd.it/fqoxnepwnu1i1.jpeg?width=1170&format=pjpg&auto=webp&s=ec3be32dd1f747a7e9911ac783b5584215dbde58 Look into SPX6900

DankShibe

Literally faster and more efficient as a currency than BTC, just as decentralized, open source , was going strong way before musk, and less inflation that fiat money . See you in 2028 lil bro

DankShibe

Nah , doge will 10x in 2028 while BTC will 3x.

IAmSomewhatDamaged

I would normally say to NEVER listen to crypto YouTubers, but Benjamin Cowen is pretty damn good (and even-keeled). I would suggest you do a LOT of reading up on the “Bitcoin Halving Event” and the “4-year cycle” to understand how they affect the price of BTC. Once you grasp that, you will understand WHY Bitcoin hits a new All Time High roughly every 4-5 years.

LardLad00

>dumping all your money in at once *can* make you more money and does on average, but if you want to avoid gambling + risk, then DCA in. lol ok. Says the guy "investing" in shitcoin. Have a nice day my dude. Let me know what your exit plan is for how low BTC can go before you sell.

Tasty-Finding4574

Does it accept BTC directlg or will it be converted to fiat?

Tiny-Design-9885

When BTC is half off or under the 200 week moving average you DCA. Sell some when you feel like you’re going to be rich.

GiveInsteadOfTaking

Idk man I'll worry about it in the year 2140. You can hold these free alternatives but they will lose their value long term. And you know BTC is not used as a currency but as a store of value, right? I do not think high transaction fees matter if you don't buy your coffee with it everyday.

michoriso

MARA had to sell some BTC to pay for data centers.

ohcrapitsjakejovial

Where does BTC value come from? We create it. AI will create its own value. It won't need us to accept it. It won't need to use our vendors or exchanges. It'll create its own. Just like humans created defi to subvert tradfi, they'll create AiFi. And we won't be able to participate

tqlla3k

I know. But if you believe that BTC will hit its high of $138K again... you can buy now, and it will double if it hits that high again. Quadrouple if it manages to double its previous ATH.

Strange-Tap5860

All those links you just sent me just prove my point - dumping all your money in at once \*can\* make you more money and does on average, but if you want to avoid gambling + risk, then DCA in. Otherwise you invest in March 2000 and lose money until 2007 - even Bitcoin is safer than that by your own standards. BTC has never had a single 7 year period where it would take to break even! Regardless, on average - like with lumpsum-investing - putting all your money into BTC lets you make WAY more money than the S&P500 on average.

MuncherOfPaintChips

Bro bought BTC literally right as it started to crash and is complaining the price went down. Did zero research on how BTC works, spent almost $100,000 on something he knew nothing about, and expected it to go well. You bought at the wrong time, homie. HODL for another 2 years and youll make profit 

Veeg-Tard

And he's calling upon the vast history of BTC to make predictions on the future.

Pitiful-Reserve-8075

A year is nothing. You didn't get into BTC for the short term, right? Just hold, and don't cry.

ApprehensiveSoup9300

I can garantee you.. you will make atleast 2.5x till 2029. just wait and watch. BTC is a cyclical asset.. you have to book profits once it is in bull run.

Poly_Olly_Oxen_Free

The weed I grew from those seeds was great. But it wasn't $180m great. At the time, 2800BTC was worth about $200.

LardLad00

>That is not what "Time in the market beats timing the market" means.  That's exactly what it means. https://corporate.vanguard.com/content/dam/corp/research/pdf/cost_averaging_invest_now_or_temporarily_hold_your_cash.pdf https://blog.indexacapital.com/wp-content/uploads/2017/07/dollar-cost-averaging-just-means-taking-risk-later-vanguard-2012.pdf https://www.financialplanningassociation.org/article/lump-sum-beats-dollar-cost-averaging https://papers.ssrn.com/sol3/papers.cfm?abstract_id=820004 https://doi.org/10.2307/2330513 DCAing is suboptimal.  If you have cash available you should invest it. Does not apply to BTC because that is not investing.

LemonGrab8656

Pump it all into injective protocol, get your return, then get a shiny new BTC. Spike inbound.

Topspeed_PT

Buy low, sell High. After the 2022 bear market, BTC did 8x from 2023 to ATH.

Strange-Tap5860

If you have money to invest and dump all into the S&P500 all at once your a dumbass. Same as BTC. That is not what "Time in the market beats timing the market" means. You put your money in something safe to keep up with inflation and DCA every month into it. Otherwise you end up dumping everything into the S&P500 in March 2000 and waiting 7+ years just to break even again.

oldblueeyess

This is the most bullish thing I've seen in a while. Bottom signal for sure. "The sky is falling, BTC is dead. You are all so dumb and I'm the smartest for getting rid of all my investments because I was dumb and bought the top."

Aberracus

And the economy is not getting better soon enough. Meanwhile BTC is going to be a black hole.

bollocksgrenade

My 5 year story tells a different tale. If you want to cherry pick data points, I went into BTC in March 2020. I took some profits in December 2024. Yes, I missed the ATH, but my BTC investment was up 1040% in 4.8 years. I'm still up over 1000% right now during this blip of a dip. If I would have done the same thing with your white bread VOO stock at the same time from March 2020 to December 2024 the increase would have been 136%.

Any-Neat5158

I mean. I didn't throw away anything. If I cashed out today I'd "only" be up 60K on my original investment.... I don't get it really. You hate BTC, you think it's going to zero. Great for you. Until an asset is sold or bought, the rest is a wishy washy.

Poly_Olly_Oxen_Free

I remember back in the day I spent 2800BTC on some pot seeds. If I had simply held onto them, I would have $181,055,896 right now. Don't get me wrong, I still have some BTC in my stash. But it's nowhere near 2800, and those seeds were not worth $181,055,896.

Akanan

BTC will not go to zero, but it will wither and almost die, eventually some fraction of a cent like pepecoin or other shitlike.

Akanan

This when miners should shut it down, at least temporarily and if they believe in the unicorns they are harvesting they should take that operation cost and buy BTC on the open market instead

artniSintra

If you know what you're doing, shares can definitely make much more than BTC but why not diversifying?

Leynnox

So you invested in the most volatile asset you found, for comparing with a not volatile stock over only one year? And you bought a full BTC? I'm not trusting that my guy.

LardLad00

If you put your 100k into the s&p ath 1/3/22 you'd have $169k now. If you did the same for BTC 11/8/21 you'd have $96k. A good investor puts his money in things where it doesn't matter if you keep plugging in at the ATH because it keeps hitting ATHs. A speculator tries to time the market by picking dips and selling gains, inevitably mis-timing it and allowing inflation to consume gains between picks. BTC is great for the speculator because it behaves illogically with big swings. It is not good for an investor because it has no real value to drive it long term.

Advanced-Ice2095

AI bubble will eventually pop, but nasdaq-100 has consistently delivered 14% CAGR since 1985, while BTC appreciation is slowing down.

d1zzy9

95% equities 4% cash equivalent/ money market / bonds and 1%BTC

Confident_Jacket_344

The likelihood of someone holding BTC and not selling within 5 years is a lot lower than VOO.

Airegin89

If that happens Strategy possibly goes bust and has to sell their BTC which would set off a chain reaction.

One-Adhesiveness-138

Sold all my BTC last week, best decision ever.

Advanced-Ice2095

1. Anonymous liquidity 2. BTC does retain value, what I’m saying is that its rate of appreciation appears to be slowing down

WHALE_PHYSICIST

If BTC isn't gonna be worth anything, why did NKorea bother stealing a bunch of it?

Several_Razzmatazz71

Listen BTC is obviously riskier than just having a portfolio of the SP 500.

___Kz

Interesting how you chose a five-year starting point and an endpoint that makes Bitcoin look mediocre. If you had invested $100,000 in Bitcoin when it was around $15,600 in November 2022, you would have accumulated approximately 6.41 BTC. When Bitcoin reached its all-time high of approximately $126,200 in October 2025, your $100,000 investment would have been worth roughly **$808,000.** That’s an $708,000 profit

Baseic

Of course the expenditure side does not change (a lot). The mining market follows the BTC price though. The difficulty scaling + market dynamics ensure that the mining cost will follow BTC price closely. Price goes up -> More companies start mining -> Difficulty goes up -> Mining cost goes up.

LardLad00

100k into BTC at its ATH is now $52k. 100k into the S&P500 at its ATH is now $97k. Thank you for pointing out another example of how shitty BTC is as an investment.  Again, just because a lot of people made a shitload by speculating on an asset doesn't mean it's a good asset. The only thing propping up the price is the hope that someone else will buy it later. BTC has the weakest argument among any significantly traded asset for this to continue to be the case.

pierodog

BTC is getting tied to pensions and retirement accounts, national (and eventually global) adaptation of a currency will drive demand up, increase in demand with a decrease in supply? That’s just basic economics.

J5966358

Somewhat related question... Can anyone point me to a source that shows historic and current average production cost for BTC? Appreciated!

ohcrapitsjakejovial

Why BTC though. More likely than that is it will create its own crypto or something better that humans can't understand

Theverybestestintown

No because that would be degenerate gambling. I did sell my entire BTC stack though and waiting to buy back in sub 50K

Leownx

I'm sure you are not shorting BTC with leverage if so sure about it

TwentyCharactersShor

Guys, I say this with love, but crypto is a busted flush. The only crypto that has any value is the closed ledgers that banks and central banks run. Stablecoins are probably about as public as it gets. BTC will only exist as a speculative medium and money laundering tool. Same for every other project. It has been over a decade and no-one has come up with a killer app.

Frequent_Tale4287

Fuck BTC. Remember when it used to be DECENTRALIZED? Oh man remember that? It’s like that’s what it was supposed to accomplish. It’s a shame to see that it’s truly centralized now and majority of banks and big players own it. BTC lost the plot and everyone that invested in it.

Any-Neat5158

Ill look you up when BTC crack back over 100K

Theverybestestintown

Congrats but if you wait a few months you could have instead bought 0.5 BTC

Baseic

Mining cost per BTC follows BTC price, not the other way around. This is a very simple fact which follows from the mining difficulty algorithm. Mining rigs shutting down does not impact the BTC supply entering the market either.

General-Ring2780

I think the wealthy have been investing in stocks as a way to beat inflation. I think the thesis on BTC hasn’t changed. The reason to buy it probably won’t change until inflation gets under control. But honestly self custody will always be another reason that probably won’t go away either.

Wide_Financial

You can get 4x on a blue chip over a period of 10 years too. Same as BTC, maybe. The golden era of BTC is done since 2017 where many x100 their portfolio in a short period of time. You can make a lot of money if you put a lot of money into BTC. But don't expect to be a millionaire if you have only $10k. Those days are long gone.

D44NTe

BTC/USD = Dollar ?

blucheese_coldbru

Yeah that's why they say don't put all your eggs in one basket. Always diversify, and diversify mean by completely different asset classes not different coins in the cryptocurrency markets. I decided to exit after a good 5 years of continually stacking gold and silver, but how long till about 10% for fun as I fell in love with some of my gold coins / bars and it's never a bad idea to have physical gold in case times of Armageddon as you can get a warm meal and a nice bed to sleep in and every corner of the world with gold. That said, if you truly are interesting everything you have and have worked for into one asset class such as cryptocurrency then you should know the risks that you set yourself up for, and that goes for the same on being bullish in any industry in Wall Street to commodities and PMs like the aforementioned gold. I would just hope no one is that naive to not have a Plan B. I realized I was more mentally / emotionally impacted than I should have been because I mixed my realized gains of the PMs with crypto, blindly just putting it into BTC. So I stopped the bleeding last night a little above 65k, so now I can truly reassess and see if I want to enter and which respective coins would be of value. And regarding using cryptocurrency to purchase good/services - I've actually bought a lot of things with it. The most recent realized gains of BTC I actually used it to buy physical gold directly from people or even online as all the major distributors except cryptocurrency as a form of payment for physical gold/silver. Also just used USDC via Exodus Pay to buy my groceries / Starbucks as I gave it a shot and was super easy, so didn't have to pay any additional fees to get it into my bank account. That being said, the infrastructure just needs to be put into place. Outside of America there are many places that accept cryptocurrency as forms of payment. That being said, we're talking about a massive change on a global scale that would require a lot of work and agreement. Biggest problem is the agreement part because everyone seems to just disagree and hate on each other. Even if they could be of mutual value to each other. I like LINK for instance as I believe in smart contracts and oracles investment and such was monumental news for that. That coin is just like investing in a stock that is predicting a company is going to increase in value, but in this instance it's predicting that this technology will be adopted So crypto isnt just P2P payments.

Fine-Zombie-911

They’re outperforming BTC and have been over the past 5 years

blucheese_coldbru

Very true! What I really needed to do was separate the gold/silver liquidation gains that I've been continually stacking over the past 5 years with a cryptocurrency play and portfolio. They should not have been merged in such a way where it was clouding my vision and I was just strictly focused on the short-term losses that were impacting those long-term gains I finally realized. I just pulled the plug and liquidated it all, with the plans to re-enter and diversify an actual crypto portfolio instead of just have all of the funds in BTC as that's what I was blindly doing and with the sharp downturn which I have been in the market from the early years, and you are absolutely correct, this is just what cryptocurrency does. Emotionally I was just more affected because I realized gains from a different asset class and those games were just being impacted in the short term, when I needed to have them completely separated mentally. So now, will reasses as I truly believe these are great entry points for alot of them. Might have some more to go down, but no one has a crystal ball and I'd have a hell of a lot more money if I dove in instead of trying to perfect the entry point by another 5 to 10%.

LardLad00

$100k in BTC 11/16/2021 is worth about $108k today. The same in the S&P 500 is $173k with reinvested dividends. Gold $209k Silver $194k Inflation has been pretty bad over that period and so a good store of value needs to be beating that.  Inflation puts that $100k at $121k. BTC isn't even beating that. It's over. 

blucheese_coldbru

I actually just downloaded a BTCC account yesterday to possibly take advantage of this with short perps as well. Doesn't seem like any day is safe right now at all. Wish I'd have known but I finally pulled the plug and just converted it all to USDC at the 65k mark. Going down to 63 is when I was like WTF and decided to take the losses with the upswing. Sucks lost nearly 20k from my gold/silver profits thinking it'd be safest just to put in BTC over anything else. But yea, if you wanna make money in this market consistently, have to be ready to short. Its truly a game of hold and don't even look until 5 years later or make your mind go crazy by the massive swings. Wish we were at the 3-5k levels again. Was much easier to buy and say "not going to even look at this for another 3-5 years and hold." At current prices, entry point is key in this 60-80k range. Smack dab in the middle of the 40/120k floor ceiling.

Several_Razzmatazz71

I don't believe that, say in the case of stolen BTC, or money laundering done by organized crime or cartels, would popular opinion really sway because they were able to refund your stolen BTC as an example?

Abject-Stretch-1187

Unfortunately buddy, I was here as well so you can’t fool me with your anecdote. 2018 was my first bear market and people were losing their minds about the price especially because 3k is a lot closer to 0 than 60k is. So there was genuine thought that it could in fact be over so not sure what sentiment gauge you were looking at but it was grim back then. The only reason I stayed was because that year was when the Bitcoin standard came out and other fascinating BTC podcasts with substance.

BigDik6355

“BTC; Helping globalist thieves win since 2009” This needs a tagline.

t080752

Everyone talks about bear markets, but for me, BTC has been a bull run since 2012. That aside, I've never really believed in the Bitcoin myth. I was fortunate to get involved early, but I don't expect Bitcoin to be around forever. Eventually, it may become little more than a chapter in the history of something much bigger. What I do believe in is the technology, and particularly how its potential applications continue to evolve. Bitcoin was the beginning, not the destination. When BTC finishes crashing this time, perhaps we'll see another wave of innovation. Computing power, cryptography, distributed systems and the infrastructure surrounding them are still evolving. I'm currently working on a project that simply couldn't have existed without Bitcoin, Ethereum and stablecoins coming first. If it comes to fruition, I believe its potential could dwarf Bitcoin itself, not as another cryptocurrency, but as a real-world application of the technology and economic infrastructure that crypto helped create. That's what excites me about crypto. Not what Bitcoin will be worth tomorrow, but what becomes possible because Bitcoin existed in the first place.

athei-nerd

The price of BTC is actually tied to the cost of electricity. Mining facilitates the transfer of the latter into the former.

Cautious_Monitor_164

People whined the exact same thing for two years when CME group introduced BTC futures in December 2017, it would never reach 20K again looool

LardLad00

>You say Gold + Silver has thousands of years as a currency....well, its not a currency anymore. It has a "history" of being one. Its not one now.  And what doesn't have a history? Crypto. So there is no comparison. >Its backed by some of the richest and most powerful corporations in the world.  Is it? Are they spending/using it? What would happen to the value of BTC if a couple whales sold? What would happen to the value of USD if a couple whales switched to Euro? >People dump money into BTC because they see it as a *store of value* - which it has a history of being.  Some stupid people do that, yes. See NFTs and Pokemon cards and beanie babies. Is it a store of value though, objectively? Does it hedge inflation? No. Crypto's history is miniscule in the big picture. >But finally - and the last thing I will say; BTC has been around for 16 years. You've already said that multiple times. I have underwear older than that. Does that make my old undies a good store of value? >BTC has been a successful store of value and people like you have been wrong, every single year, for 16 years.  The thing about being a store of value is what happens in the *next* 16 years. Or 160 years. BTC offers no advantage over more traditional stores and has major, major downsides with volatility and lack of underlying utility or intrinsic value. There is zero anchor and that makes it a foolish investment.  That doesn't mean you can't make money speculating on it - many people have and will do so. But as the last 5 years have shown, that doesn't make it a wise *investment.*

Different_Ice_6975

Wait. So if BTC does ever go below $50K then you’re saying it’s time to hit the panic button?

Automatic-Unit-8307

Thanks, I feel better now. Will go all in on BTC

TheresNoSecondBest

Exactly! The more bitcoin dips, the faster we all reach the mystical 6.15 BTC ...for the science.

Strange-Tap5860

I've basically already responded to all of those points you've just brought up already, but just quickly: \- You say Gold + Silver has thousands of years as a currency....well, its not a currency anymore. It has a "history" of being one. Its not one now. \- Whats stopping BTC from losing value? Its backed by some of the richest and most powerful corporations in the world. \- Completely different to people dumping money into cars or machines. People dump money into those for its functionality. People dump money into BTC because they see it as a \*store of value\* - which it has a history of being. But finally - and the last thing I will say; BTC has been around for 16 years. People like you saying its pointless and a massive gamble and will drop to zero have been around for 16 years too. The only thing that has been proven - and this is a fact, not an opinion - is that BTC has been a successful store of value and people like you have been wrong, every single year, for 16 years.

AbSphere

Félicitations pour ce cap symbolique ! Atteindre 0,25 BTC (25 millions de satoshis) 😁😁😁

Independent_Leg_6007

Please sir, we are not here for hype, we are here for actuality and realness. Because the Sun isnt currently shinning where you are doesnt mean/feel like its not shining/blazing somewhere else! Keep your "hype/feelings" to yourself. Has the situation to allow BTC to flourish become more evident now than it EVER was? Is the government and systems around us collapsing/dying? Is control imminent by government and its structures, Is the rest of the world monetary system going to absolute crap? It already has hermano so wake the heck up and start looking. This is not about alpha anymore......I pray you wake up and yes Jesus is Lord and coming back soooooon!

AffectionateYam624

Watch in 2 weeks we are at 73k or higher and everyone is screaming we are SO BACK TO THE MOON. This complain train is beyond annoying to the point I question my sanity for reading any posts on thisa BTC forum. It is childish and annoying bunch of people (prob 90%) with a few hundred or 2-3k invested and they freak out constantly.

Hippos4ever

How is +.53%(share price) beating out annual inflation if inflation is 4% Correct me if I’m wrong, but doesn’t the yield from your stonks need to be at inflation or above it in order to be beating inflation at face? And also assume no bad news comes out to bear the stock? And yes… I used fiat because it’s what the system that trades stocks (and you normies) use but eventually, yes BTC would be a valid exchange peg, or as you pointed out, even gold could in theory be used.

LardLad00

>Gold and Silver are NOT worth what they are because people will wear in on a ring. Agreed, but then there's the thousands of years as currency thing you didn't address. People invest in currency because there is a high confidence that the currency will continue to have utility as a currency. Gold and Silver have that. Crypto does not. >Once everyone believes something is worth something, it becomes worth it. Simple as that. If everyone stopped "believing" the dollar bill was work anything, it would become worthless. You're starting to get it. What's stopping a dollar from losing value? It's backed by the most powerful country in the history of civilization and is used billions of times of in day-to-day commerce. People have no reason to believe that's going to change. If it does, you can bet it will lose a lot of value. Now, **what's stopping BTC from losing value?** >Things that people and large cooperation dump their money in it to hold value  You mean like cars? Or machines? People and corporations dump lots of money into both. Do they appreciate? Dumping money doesn't lead to holding value unless there is some other mechanism to assure future value creation.  >As has been proven with BTC Nothing has been proven with BTC and any idiot with a price chart can see that. Its value has no anchor. It is 100% speculation and when you buy BTC that's what you are doing. No more no less. Might as well buy Pokemon cards or beanie babies.

respectandmanners

Chase bank must be wrong that BTC will be the best class over the next 10 years

Wonderful-Cup-2252

Forced liquidation, burned my account as well. No more money in my crypto wallet. As for Bitcoin, the original whitepaper was being bypass by ETF. From 21million limited supply, BTC is now unlimited. 1BTC is use as collateral for multiple ETF and it bypasses the law of supply and demand. Similar with silver and gold, the hedge is the one who control how price works, not on the actual demand. Silver is being used for semicon, warfares, etc. Pero the price keeps going down kasi large institution needs to liquidate the retails.

Vast_Sky_3726

You can buy BTC you'll probably about 3x your money so id do BTC SOL and ETH

Strange-Tap5860

Gold and Silver are NOT worth what they are because people will wear in on a ring. If everyone on earth stopped wearing jewellery the price of it would not collapse. That is not why it is worth what it is. People invest in it as an alternative to stocks. They are investing an asset that holds their money in certain market conditions. Just like BTC. BTC is a "lucky gamble"? Its a mature asset that has been around for \*16 years\*. Is it more risky then the SNP500? Yes. But its gains are also a lot higher. Once everyone believes something is worth something, it becomes worth it. Simple as that. If everyone stopped "believing" the dollar bill was work anything, it would become worthless. People don't value it because its paper and has the functionality to draw on it. >I'm sorry but this is a really dumb statement. Nothing "just appreciates." Only fools invest in things expecting appreciation out of thin air.  Things that people and large cooperation dump their money in it to hold value (and especially if it has a limited supply) is an asset that can hold or increase its value. As has been proven with BTC.

paolilon

The security of BTC has become more than a nagging question…Frankly, I’m shocked it’s as high as it is

LardLad00

It has not been a great investment. It has been a lucky gamble. There's a difference. Just because the price has gone up doesn't mean it is worth anywhere near what it is priced at now. Pyramid schemes are great investments until they're not. Gold and silver were literally the currency of the world for thousands of years and they still act that way on top of having real commercial utility. How many people are buying BTC to wear on a chain or a ring? >its just an asset that appreciates, so people invest in it.  I'm sorry but this is a really dumb statement. Nothing "just appreciates." Only fools invest in things expecting appreciation out of thin air. 

fastfatdrops

DCA is for those who are down from their entry price. If you stick to your guns of [ buying low, selling high ] - there's no need for DCA. If you make a dollar from selling BTC, you are a winner and vice versa. People are people, and factor greed in + herd mentality, all logic tends to vapourize. No reason to cut losses, unless you treat invested funds into BTC as hot money.

ptsi8

So did you expect BTC to just go straight up +100% every year? Roughly 4.5 years ago, were you also mad because BTC had been stagnant between Dec 2017 ATH and March 2023 flash crash?

No-Vast346

Congrats on finally hitting that quarter BTC milestone. How's ur plan for storing it long-term?

ActualTangerine2583

Really? So let s speak about liquidity…as a main fuel of BTC/crypto…where is your liquidity for next parabolic bull run you so believe is happening soon? Because I see none. 

Alexander-305

Quick perp read on the bounce for anyone watching today: - BTC is around 64.6k, back under the ~66.1k rebound high from the 4 AM ET hour, with the overnight low still ~62k - Funding on the BTC perps I track has drifted to flat or slightly negative this morning, so longs aren't paying up to chase - Open interest on one major book is roughly flat vs early this morning (about 4.5k BTC) So nobody looks crowded right now. If price gets back over 66k with funding staying flat, that's spot doing the work. If it loses the 62k low while open interest climbs, that's fresh shorts pressing. Not a call, just what I'm watching.

Theverybestestintown

I know I'm piling on here, but BTC's performance over the last year and five years is extremely underwhelming. The old narrative of inflation hedge is obsolete and there isn't any real momentum behind it. We are clearly in a solid bear market and BTC has not yet found its bottom. All signs point toward a dump below 50K. It will stop dumping whenever enough buyers believe it's undervalued (late 2018, 2022 etc)

Thatworkedoutgreat

1 BTC is 1 BTC! Even if its worth 0$ you still have 1 BTC so there is nothing to worry about.

IM-PT24

Fear and greed index isn't a little app, lol. And it exists for almost all assets, not just Bitcoin. Its moved my market sentiment and its based on momentum, prices, volume, call options, BTC vs Altcoin index, even social media sentiment.

Rare_Range_5282

Please- Just calm down. I have been holding BTC since 2014. I have been here for wilder price rides than this here. As predicted after the shit jumped off with the “spy who loved me” how could you not think there would not be a rattle? look.. whatever you do - don't sell not a dime of your BTC! - Diamond balls or paper balls? Wall Street was not built on fright. I just bought a $1000 more of bitcoin even though I have one and a half. Why did I still buy? Because at the end of the day month,year or decade that stand alone asset will live through the test of time.. that coin is not going to stay in this orbit forever fellas- it will be in a stratosphere one day too far for anyone to dream of having it.. and the price will be so high that the little amount you decide to buy later won't even make a dent . Persevere- I know it's tough and hard because every individuals financial situation is different. I get it.. just try and hang in there- “don’t leave 5 minutes before the miracle” and at the very least hold your heart and buy wee bit more. I believe that BTC in particular is going to make some of us pretty damn wealthy one day or our selected family members. BTC IS A COVETED ASSET NEVER EVER FORGET THAT!!……… It is Feverishly Sought after because it has one unique situation other coins don't have. It being limited and having a finite number - which makes it extremely extremely rare. Treat it like the rarest coin artwork or significant other you have - cause I got news for you- I don’t care if it drops to 50k tonight- you’d be a fool to sell- and that would only mean… you really never understood what you “ had in your wallet.” Stay strong! BTC will pay off- and I’m not hardly bullshitting- I was around when it went from 4k - 126k… it blew everyone’s mind! Well it’s just warming up. It’s gonna be around. For the first time In Your life be apart of new asset class that will reach a million dollars,. that you can say you got in early. Not tell ghost stories of how you push the sell button in 2026 and the ticker shows 250k plus in 2028. I want to See you when there is no more BTC to buy but satoshi crumbs. And the only full bitcoin that will be on sale will be at private auction only.

Pyroll2206

Aaah thanks OP ! If he is still thinking about it he can send me his BTC then the worries goes away

fan_of_hakiksexydays

Lack of interest is the biggest resistance. I feel like a lot of people got burned too many times, have moved on to other things, don't see the same hype anymore, had bitcoin fatigue, or just don't see this going anywhere anymore in tech and adoption. That's not my view, personally I think BTC is something necessary that I will always use. But I also feel like I'm very much in the minority now.

Trentonhawk

I've been investing in Crypto since 2019. Ever since October 10th of last year I have slowly sold pretty much all of it. Honestly, I think the only way to make money in crypto at this point is shorting it. I only "play" with it now and primarily by opening short positions. I know there are a lot of options when it comes to trading perps, but I solely use Jupiter Exchange on Solana for Perps. It's easy, straight forward and I am very comfortable purely shorting SOL. I use Jupiter Wallet as well to do all of this. I'm not sure when this changed, but I used to be able to trade Perps on Jupiter with no geo restrictions, but yesterday when I wanted to open a short position on Jupiter it said it wasn't available in my location. Before yesterday the last time I used Jupiter Perps was June 24th and there were no geo blocks for the US. I guess something changed. No big deal as I just use a VPN now. But yeah, I do not believe in the near future, buying and holding ANYTHING, BTC, ETH or even SOL itself will bring in profits.