BTC

neverenoughammo

Put BTC on the CC thinking I would get infront of it because my friend was going to get me a great paying job at a company I worked at before then they had a hiring freeze and almost a year later the company gets blown up in Kuwait. DCA what you can afford is definitely the way.

cognitiveDiscontents

I don’t see how people look at ETH and BTC over this last cycle and choose ETH. It crashes harder and barely even got its ATH from 2021 this cycle. I sold all mine and replaced it with BTC years ago.

VirtuaFighter6

Rinse, repeat. Been there, done that. BTC life.

Ok_Independence6172

Losses are good for BTC accounting in high tax jurisdictions. Learn your tax law and sell accordingly.

Electronic_Worker245

I just loaded up on more memes. Doubling down. It's bound to return a profit as long as my BTC bag makes profit again in a few years.

Illustrious-Boss9356

How do you store/use your BTC? On an exchange? Via an ETF? On a hardware wallet?

BenCub3d

Replace #2 with "you think you have a place that is more likely than BTC to generate returns". It's not like there aren't plenty of better investments than BTC. Not saying selling is a good or bad idea, but you don't have to be "certain" something will do better just like you can't be "certain" BTC will rebound or tank

indomitus1

BTC needs to spend some time below the 200MAnas always has done in a bear before it bottoms out. You are just gambling

Mix_Right

Who holds the biggest stacks Satoshi Nakamoto: \~1,100,000 BTC Coinbase⁠ (customer custody): \~885,000-980,000 BTC Strategy⁠: \~844,000 BTC BlackRock IBIT ETF⁠: \~765,000-785,000 BTC Binance⁠ (customer custody): \~629,000-660,000 BTC Fidelity FBTC ETF⁠: \~470,000 BTC United States Government: \~328,000 BTC China Government: \~194,000 BTC Tether⁠: \~96,000 BTC MARA Holdings⁠: \~35,000 BTC Pretty sure they know what they are doing. Now, of course Jane Street may enter the picture. Do some high frequency trading pump and dump the prices at 10 AM every morning get things nice and low. Buy it up and ride the tide back up. Rinse and repeat

Ramsey144

Everytime BTC dies it goes crazy again.. as usual

brdoc

You're right to call me out, it was ambiguous. Don't keep your shitcoins, selling them for BTC is almost never a mistake in the short run, and (failing to do so) is always a mistake in the long run.

AlternativeSignal908

The flows have dried up. Futures markets, ETFs, retirement accounts are all tapped. Only the boomers are playing with BTC. Everyone else has moved on to 0DTE, prediction markets, triple levered AI stocks.

_Commando_

> Did you know that ETH has had about half the inflation of BTC I know all about that - https://ultrasound.money/

chriswinkeyless

I DCA through Strike. I tried signing up via River in the past because of the 3.3% yield on BTC, but the moment I went through the identity check, they closed my account. I reached out to support via email, but they never ended up reopening my account. Maybe /u/RiverOfficial could help, but in the meantime, Strike is my go to.

_Commando_

> none have as good tokenomics The issue with ETH tokenomics is that it's an unlimited supply coin. It will always inflate and the so called burn mechanism introduced was only a "mask the problem", never a solution. If anything it stole the wealth from node operators that provided the service for L1. To make matters worse the L2's have stolen even more wealth from L1 but Vitalik saw this too late and now they're trying to back track what they've done with L2's because they realized the big mistake of all the value and profits went to L2 leaving L1 barebone. After seeing all the FUD against Cardano, I have made the decision to split my next investment straight to BTC and ADA moving forward. I've been using, supporting, mining and then staking ETH for a long time now ever since it's been at $5. Haven't decided on the % split how much for BTC vs ADA to invest in but BTC the big daddy king will most definitely get the lion share. ADA to me looks like a great opportunity to get into now as was ETH at $5. Also ADA has a limited supply so their tokenomics is better vs ETH and a proven track record just as much if actually a better track record then ETH if you take into account the prior ETC/ETH debacle and a number of ETH bridge hacks that occurred. o7

AP_lookingahead

For example, how can one claim scarcity when paper BTC exist?

CT4nk3r

2017 ATH ($19.8k, Dec 2017) → Bottom ($3.2k, Dec 2018) 2021 ATH ($68.7k, Nov 2021) → Bottom ($15.8k, Nov 2022) 2025 ATH ($120k+, Oct 2025) → Current low (~$60k, Jun 2026?) Historically BTC has bottomed roughly ~12 months after the cycle peak. Doesn't mean it'll happen again, but that's been the pattern so far.

Sea_Cardiologist_339

1. Why did you buy in the first place? 2. It’s called diversification. 3. I’m not putting my life savings in BTC

_Commando_

> You realize BTC is the same price today as it waa 5 years ago. BTC went from 15k to 126K making a new ATH 2x it's prior cycle, while ETH just kissed it's prior ATH cycle, there is a big difference with the value of ETH we've all seen now...

Romanizer

Last cycle, they sold about 2,000 BTC at the bottom.

Akanan

oh you let me use some cryptobro astrology terms for that: Alt season, CYCLE my favorite, BTC/ETH ratio. lol. This industry is like religion, there is always the herd in search of an answer for everything that happens, and it turns into wack explanations to comfort the believers.

Sagitario_Aestrella

Ya no existe esa soberania, el ejemplo son los Tainted BTC

Competitive-Hat-6726

What'll be the next catalyst for a BTC spike? Crazy times. Something will trigger it.

Drama-Mental

Honestly I built conviction quickly in a short time frame. I've always been a personal finance person and I was wondering why Bitcoin was valued so high back in when it was at ATH and knew that I should be putting some investment towards it to some degree but I didn't have a thesis why. The keynote speech by Jack Mallers at BTCPrague was the eye opener. He explained the problem bitcoin solved not only financially but politically and from the lens of why fiat's flaw cause so many issues societally. Then from there he had another video that explained how BTC worked from a real world technical perspective and those two videos made me see the utility of the technology, the flaws of fiat money, etc and ever since i've been a bitcoiner.

whisperedstate

The amount of Bitcoin mined per block halves every 4 years. If the price doesn't also double every 4 years, then miners will be getting paid less and less. In the 2040s, the block reward will be so low, that BTC will need to be worth millions per coin in order to have any sort of sustainble revenue. And then by the 2050s, each BTC will have to be tens of millions to get the same reward. As a cherry on top, the Bitcoin network only does 7 transactions per second. That is not nearly enough capacity to sustain the network on fees alone. So there is a conundrum. Who will run the mining infrastructure to secure "digital gold" if they have to do it at a loss? Hence why everyone predicts the obvious, that Bitcoin will be forced to abandon the 21m coin hardcap and implement a tail issuance such that there is enough BTC issued per block to be worth it for people to secure the network. So if Bitcoiners are told the 21m cap is not real, as the OP said above, then the religion would collapse.

RetardyTardif

BTC bottom is in when the actual smart money cuts Saylors throat and takes control of Strategy and all their BTC. Just like Silicon Valley bank etc they will raid Strategy before the pump.

Whole_Historian_7185

Consider tax loss harvesting. Sell it, then almost immediately re-buy at the lower. You will own the same amount of BTC but have a $50K short-term loss to write off on your taxes. This is not tax advice and please verify that the "wash out rule" is still no in effect for digital assets

spiceylizard

So ur says it’s always a mistake to sell my alts for BTC in the long run?

Easymacsauce

But look what BTC has today compared to then. ETF and BTC backed loans just to name a few.

ChanceCash6708

The price off BTC has dropped since his Peak more than 50%.why you should switch longer? For that little more percentages? Are do you think it would be drops much lower?

ChanceCash6708

Now is the time to buy BTC. There is a nice sale on Bitcoin.

LionRivr

Just do the 200 week moving average. Is it going up? BTC is up. Is BTC below 200 week MA? It’s a good deal. Buy.

dhantiwa

Only BTC…rest have already proven shitcoin

JustChilling_

BTC is at 60k right now. Guess what price BTC was in 2021? 60k.

ScholarPrize1335

Nice. Hopefully we both do well and MSTR fails while BTC doesn't.

dhantiwa

Buy BTC

NoWarmMobile

Blackrock & others invested HEAVILY into BTC, they won't let it die

picircle

SELL now.. Quantum Computers have broken all algorithms and codes. Banks Re planning to come up with their own Tokenizations! BTC is DEAD! It's an useless program that impacts the environment and promotes illegal activities. You are a fool to own it!!

picircle

SELL now.. Quantum Computers have broken all algorithms and codes. Banks Re planning to come up with their own Tokenizations! BTC is DEAD! It's an useless program that impacts the environment and promotes illegal activities. You are a fool to own it!!

ljungbergsghost

He is referring to BTC

brkinard

BTC only went up 1.8x from prior ATH....why would it drop 78% again. That logic makes no sense and you would have to be a moron to continue investing in such an asset that has diminished returns and similar large drawdowns. At 30k, damn near everyone DCA since 2018 would be at a loss.

Harfatum

Did you know that ETH has had **half** the average inflation of BTC over the last five years? BTC annualizes to 1.35% but ETH to 0.75%. BTC supply meme is a strong meme, but it is just a meme. People buy BTC thinking it has the best monetary properties without looking into the actual details. Including ignoring the security budget trending to zero. Gonna be a clusterfuck when they have to increase inflation or there's a big double-spend. Look it up.

Vancecookcobain

Ive said bitcoin is going to seriously test 50ish thousand....looks like we are about to get to sub 60k so we will see....I feel like BTC gets to the low 50ks then Solana would be a PHENOMENAL BUY....scoop during peak fear is what makes champions my guy... Never fall for the buy high sell low trap lol...you are going to be in a prime position to buy low for the next cycle.

InvoluntaryActions

bro TBH in your position maybe put it all in stable coins right now and wait to convert to BTC when it's stabilized for months

SyZyGy_87

Yeah, nobody has ever said that about BTC before.lol Paper hands See you in a couple years 😆

Gloomy-Soup9715

That makes sense, you can even leave some little cash for Q4 in case it drops a little bit there. BTC has traditionally four year cycle, any ATH this year is rather unlikely, you won't miss up any 2x this month. I would say 10 separate purchases is overkill unless you can automate it, but in general I support the idea if goes down -> buy more

brkinard

You realize BTC is the same price today as it waa 5 years ago.

InvoluntaryActions

well it actually has use and people use it to buy stuff with it in huge amounts. but it's directly tied to BTC so don't expect it to not behave similarly. to get xmr isn't easy and first you have to buy BTC to convert to xmr for 95% or more of it's users IMO

Critical_Barracuda85

For all the newbies and everyone else... we are in THE cycle... if you don't understand you should NOT be investing in BTC.. FYI, I currently hold 0 BTC and I am waiting until the cycle turns AGAIN.. Buying, Hold, Sell., It's a CYCLE..Good luck all.

Physical-Profit9447

Literally there are more losers in BTC than winners now and it is way, way worse in other cryptos. Almost all cryptos never returned their ATH, many just dead.

JagXBT

just go wth BTC, forget about alts - which are pump and dumps overall

skydiver19

Saying you won’t sell it it even drops to 1k is pretty pointless. If you have the funds you should be buying another right now to massively reduce your average. Another BTC now means it only has to get to 85k to break even.

SuccessfulReturn4103

Maybe they’re intentionally crashing BTC so they can buy it up cheap

StrikingGovernment58

Take out a 20k loan and buy part of BTC???

tklite

What can you buy with 1 BTC?

DarkDankDents

Most of your facts dont address the issue. MSTR has enough cash for 6 months of dividend payments, less now with STRC rising. For the market to be in good condition going forward, he would ideally have over $2b in cash reserves, which is 1.4b in sales. Saylor has no good options here. Tap the ATM equity, brings MNAV much lower. Sell BTC, continue to crash the market AND realize losses. The only potential positive here is if Saylor sold over 1.4b BTC during the week. Otherwise, it's obvious STRC will continue to decline, AND Saylor will continue to burn his cash on dividend payments until he runs out. At which point, MSTR will just be a custodian company, chained to the ground, unable to do anything.

Outside_Scheme_377

When you hold over 840,000 BTC, selling 32 coins is basically just rounding error or shifting sizes for operational costs. It’s funny seeing the market panic over 0.004% of their bag.

Original-Tackle988

I have no plans selling for at least 15 years. I want to buy as much as possible for the next 15 years as part of my wider pension strategy. But I only want to buy when BTC is trending down. My question is if this is considered low enough or more sell off is happening which will make things go even lower. However, helpful responses have been given which is to simply set a recurring buy instead on a weekly basis. I believe I will go with this strategy.

_-Wubbalubbadubdub-_

I sold at like 65 for a 5% loss or whatever it ended up being. Rotated everything into small cap energy and AI stocks, with some puts to try and make a quick buck out of the market correction coming up. Might buy back if it hits 40s, but the quantum problem is real and looming over the next 2 years until 2028 halving. Impossible to predict, but if there’s even a small sense of legit quantum threat, BTC will never reach another ATH.

spaceporter

“Sure” and “guarantees” in Point 2 are biases. Since the returns of BTC neither a surety nor guaranteed, it would be better to say “you know of an investment with higher risk-adjusted expected returns”. 

Blockchainauditor

This question has been asked and answered multiple times today. Why do you want to buy BTC?

DevastatorPcu

BTC is going to 45k-50k tho lmao

No-Sale8153

After holding BTC for 28 years, i started buying today again

Money_Maker_21

Any investment is personal and I’m totally agreeying with you but especially for BTC, you need to know if people are willing to buy it or not bc if you look at it BTC is virtual and has no clear value. His value is defined by the people’s interest for it. If BTC is considered not interesting by the people anymore, it’s worth nothing. So my conclusion is that the toughts of other people abt BTC is important.

MikeMiller8888

Buy a put on IBIC. You don’t have to sell any BTC and you can profit on the downturn. Just dump the out when the bleeding is done. I say that cause last cycles, the downturns were over 70% each time, and one was over 90%. I think we gotta shake a lot more people out before it’s just the true believers left.

Lavayo

Many people will be unsure about 1. but absolutely sure about 2. AI stocks. SpaceX. They will make money if they hold the stocks if they drop. But they won't. If they did they would have held BTC now.

CriticalCobraz

Congratz I still try to get 0.1BTC

Willing-Row7372

This time BTC is STRONGER due to historic 125k peak. In the past 60k was MAX ATH

TheCatOfWallSt

Can’t in my 401k, and don’t enjoy self custody otherwise. Had a few BTC in a Trezor back in 2022 and I hated it. Bought multiple fireproof safes to store it in, obsessively checked my wallets to make sure it was still there, it’s just not for me

Educational_Cable405

Accepting it is the easy part, the tax tracking is what actually bites. In the US every BTC payment you take and later convert or spend counts as a disposal you have to log for cap gains, so casual record keeping turns into a mess at filing time. If you auto convert to dollars at the moment of sale you skip almost all of that. Everyone argues about which wallet and forgets the accountant is the real cost.

content_enjoy3r

The biggest problem with BTC is people still can't decide if it's a currency or a store of value. Either it's an alternative to cash and you should be buying and selling things with it all the time or it's an alternative to gold/stocks/bonds and you want to hodl forever and hope it appreciates in value. It can be one or the other but not both.

_Commando_

After holding ETH for 5 yesrs only for it to be at same or lower value is a turn off. Lost value in 5 yrs due to inflation. Now we know why big daddy BTC is king.

tekn0lust

A bubble of USD? That makes no sense. Inflation has been weakening the dollar for decades. When dollar weakens it takes more of it to buy a thing thus driving the price of that thing up. Part of BTC along with many stocks price appreciation is due to ridiculous recent inflation.

Big-Ad2651

So you put all your asset into a paper telling you they owe you BTC, and you pay % annual fee for it. why not go self custody route and own them?

Good-Book-6912

True story. I do wish that I had been all in on that greater fool game and just kept my BTC until recently.

Electronic-Rate5497

I bought 0.7 BTC at 60K-75K this is my first time buying Can my kids order a large at McDonald’s when this pumps?

Money_Maker_21

I personnaly think that BTC will go up bc I trust the 4 year cycle so I think that buying isn’t a bad option. Maybe BTC needs to regain more popularity

FunWithSkooma

>While BTC has no such privacy tools! Liquid Network, Lightning, Spark Protocol hmm....

FloralSunset2

Most of the crypto is crap, overcomplicated, altcoins rising and dying all the time. No real added value from BTC except for those drinking libertarian fantasy of evil central banks trying to fuck the economy.

PrestondeTipp

Which part is wrong? Inflation raising the price of everything? BTC being a financially speculative asset without intrinsic uses? The failure of BTC to meet initial use cases?

HorsedickGoldstein

Gotcha maybe I’m thinking of something else. Hope it works out, I have some BTC but not in my stock ports

Spirited-Birthday-20

Big figures selling is noise whales are quietly stacking. BTC isn’t going anywhere, AI hype won’t replace sound money. Are you still buying or getting shaky lol?

devCheckingIn

Bro! It's game theory, bro! If the US government buys a million BTC, every other country on the planet will be forced to buy a million BTC too, just to keep up.

ubermensch1001

Disregarding alts, the bear market here with BTC is really nothing compared to 2022 and 2018. Tail end of 2021 we peaked at 69k and then dropped to around 30k by the spring of 2022, only for it to drop another 50% by the end of that year at around 16k. Meanwhile, we peaked at 126k last fall and are down by slightly more than 50%. Lowest this could maybe go is 48k, which is the low of the mini bear market of late summer 2024. We are either already at the bottom or very close to it. Hell, even in early February we wicked a bit below 60k for a bit, yet here we are again.

AutoModerator

Post is by: Carter_LW and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1tyrtbt/eth_getting_weekend_attention_is_useful_but/ ETH is showing up across the weekend crypto discussion, but weekend moves are always harder to trust because liquidity can exaggerate the first reaction. The interesting setup is not just whether ETH pushes higher or lower. It is whether the move still holds when U.S. equity liquidity comes back and risk appetite gets tested again after Friday's selloff chatter. For me, the cleaner read is whether ETH strength is confirmed by BTC, majors, and volume, or whether it is just a thinner weekend move that looks better than it is. Are you giving weekend ETH moves full weight right now, or waiting for Monday liquidity before reading too much into 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.*

ubermensch1001

We haven't seen the alts unwind like the way they are now since COVID 2020. Alts late 2022 were still actually quite strong compared to BTC, it took almost another 2 years for them to bottom out against BTC and ETH didn't even drop below .02 to BTC until April 2025.

CoatForeign2948

Could be… according to Ben Cowen unless BTC goes to $40k in June there will be another low somewhere in Q4

Good-Book-6912

I have been following crypto since 2013, and known for almost a decade that BTC is garbage. In recent years I realised it is really just a meme token.

Kitchen_Net_GME

It does make you wonder. I actually think the 1,800% increase in the previous cycle was almost artificially increased with two rounds of stimulus checks. I think it get another parabolic rise there is going to have to be heavy investments of the rich and powerful and government investments. In addition to BTC becoming more accessible in 401K type of employment investment strategies. Complete speculation though.

Ok_Lake8089

Thank you! The narrative is changing too, btc isn't viewed as a way to make $ anymore. Outside of echo chambers like this, BTC is viewed as a way to lose $

brdoc

Don't keep your shitcoins, selling them for BTC is almost never a mistake in the short run, and always a mistake in the long run.

Acceptable-Take20

BTC will get down into the $40k between now and October, then up from there. Next peak will be somewhere around $180k-$220k in Q4 2029. If you time it right, you could 5x your money, but the days of 100-1000x your money are long gone.

EconomySession6541

Most of my BTC is 29k, I buy monthly regardless of price and I've bought all the way up to 126k and still buying as we dip to 60k again. Just keep DCA'ing and I'll see you guys in 2032!

ProgrammaticallyHip

We’ll see. The cycles have always been driven by retail momentum traders. We had the early euphoria stage. Then COVID, a once-in-a-lifetime event, sent a massive infusion of cash into retail traders’ hands. Now institutional allocators are in control. Throw in AI and you have completely transformed conditions. I’m sure the cycle will continue in some form given the pull of historical charts but it may not resemble what we saw in the past. Ethereum is no longer following it cleanly and is performing like a mature platform. BTC is has remained stickier to the old cycle framework but there is a lot of uncertainty moving forward.

newtonreddits

Yeah I'm pro BTC but also pro diversification. Lawd

TheresNoSecondBest

>The rest is dog shit. I'm keeping all of my other portfolio in altcoins, that I accumulated since 2024, and will not make a mistake of selling them for BTC That's not what a full Bitcoin Maxi means. I don't make the rules.

Killer_Stickman_89

If you bought BTC at 120k and you weren't already rich during the time period of a DEAD alt market.... You... You are a special person lmao.

Antoniethebandit

At least you could sold gold, not sure about BTC

-M00NMAN

I don’t see it becoming worthless because of halving fomo, also retail is retarted so big players can easily scare them and bring prices low so they can repeat the process. Plus halving is encoded into BTC so it’s not like the miners or whomever can change the code. Is there a chance that cyrpto becomes worthless? With everything there is, but in this case it’s so low IMO. It’s worth the risk no doubt. This is my 4th cycle.

Spirited-Birthday-20

Welcome to the club Genuinely think sub 70K is unlikely from here this cycle’s floor feels higher. People go all in because they see BTC as the best savings technology ever invented. What finally convinced you to buy now?