BTC

No-Masterpiece2246

Also maybe because BTC is a hedge fund toy now

Specialist_Trust4945

That teaches everybody to not trust software (especially closed source software) with their money. Guys... take your sweet time, flip a coin 12\*24 times and you'll have your 24 words seed phrase. Also, that kind of makes me happy. Everybody is so keen to blindly trust hardware wallet while these vulnerabilities again prove that a properly airgapped software wallet with "DIY" ways to create a seed phrase such as the coin or dice methods is much safer. I often wrote about it here, but I always get downvoted to oblivion because everybody has a hardware fetish for whatever reason - and then they ignore basic OpSec. These people are much better off with a BTC ETN or something.

Abject-Stretch-1187

And if they do care about theft then educating them about the larger theft is just as crucial rather than looking for recourse from a decentralized system(something you should’ve known before getting into it)  I’m not misunderstanding you, I know your position(average person including you seeks solace in recourse in the event of loss/theft) I’m just telling you it is misguided because whether you get recourse or not from petty theft, you’re still being stolen from. This is not difficult to grasp. There are safe practices littered on the internet with BTC security and this is why most BTC in self custody not been stolen. Why do I need to have my money in anything else? 

ContentBlackberry0

How did all of those BTC move in 15 minutes? That’s one key question it’s beyond just one person cold card being compromised. Funny I see Tangem being more secure after all of these posts.

Abject-Stretch-1187

Then you don’t know the average person then. Would you decide not to live in a house just because it has no home insurance? I’m from Nigeria, the consumer protections in the west doesn’t extend to folks where I’m from and yet Nigerians have one of the highest rates of BTC buys and custody, how do you explain this phenomena? 

Specialist_Trust4945

Exactly. That's what makes me think they abused some sort of vulnerability (whether a Coldcard one or whatever else): they didn't broadcast the TXs until they had enough private keys controlling a BTC amount they were happy with. If there is in fact a vulnerability somewhere they will scramble to fix it but it's too late now for stolen coins.

89xred

Yes, I agree. I hold BTC and believe in it, but still don't think it will ever come close to replacing FIAT. I just think the average person would choose consumer protection over the advantages that BTC offers.

DangerHighVoltage111

>Worthless trinkets are not a rEvoLuTiON. You essentially have useless counterfeit Pokemon cards. >Bitcoin is, and will always be, the revolution. Bcash exists as a basic IQ test to trick the dumbest people in this space. That's an absolute braindead take from a foaming at the mouth fiat Maxi. For starters, IF we want p2p cash we absolutely should try different things and see which one works best. In crypto as a whole this is overshadowed by everyone just cheerleading for their bags. Second, BCH is Bitcoin and it is objectively a better p2p cash system than BTC. Branding stupidity or heavy bags is why most people refuse to admit that. BTC stopped being the revolution when it refused to scale. Now BTC has lead dancers like this: https://i.imgur.com/iW7m615.jpeg

Abject-Stretch-1187

Again if theft is what you genuinely care about, you won’t be larping about stolen BTC considering it is smaller than ones which aren’t stolen and it is decreasing with time but instead you will be worried about purchasing power that is stolen with no recourse and it only increases with time. Also I don’t care about your gains, we’re not the same as I’m not some fiat merchant buddy. 

Abject-Stretch-1187

Bitcoin isn’t some entity that sits down to address these issues. You can either be responsible for your wealth by learning safe practices(there are tons and more self custodied BTC have been safe than not) or you can rely on the existing systems that dangles consumer protection in your face while stealing the value from you simultaneously. It’s about trade off, you choose. 

Abject-Stretch-1187

Or perhaps you need to think better. How does consumer protection actually protect them from inflation which is theft? You don’t care about financial protection, you just want to larp and give credit to a system that has stolen way more from its citizens than scammers have stolen people’s BTC. 

Abject-Stretch-1187

Most stolen BTC is as a result of human error and not something inherent to the hw or bitcoin blockchain. The banking system isn’t exempt from human error so we can’t eliminate human error. There are tons of research, videos, books on safe practices but people don’t want to learn about it and then when they make an error, they start to look outwards rather than inwards. There are way more self custodied BTC than not so that means the issue has been addressed, human error is something we can only fix via education whether it being about the current banking system or be it Bitcoin.

JustBe-Chillin

Sorry for the loss. Timeline of events. 2021 Purchases Coldcard hardware wallet. Generates the seed phrase himself. Everything is right. The seed phrase never goes digital (photo, saved in notes etc) Buys BTC and sends to that address. It's been dormant for over 4 years. Then in January 2025 you bought another cold card and inputs the seed phrase he generated back in 2021 , That doesn't have any digital footprint other than the day it was generated and written down on a piece of paper. Then all of a sudden on the 30 July 2026 someone has hacked the wallet and sent the BTC elsewhere. Why not sell at the 120K peak ? It was over 100K then ? Doesn't add up. Let's sat the scammer has had access since since 2025. Is there no activity logs from login access ? Surely he accessed back in 2025 to know it worked ? So give the scammer the idea that he's access all this time since 2025 - given the original seed phrase never went digital something in the new system circuit is compromised. Either the cold card is compromised or the function of "restoring" over "Generating a new address" Theres no explanation other than the cold card itself, if you and ONLY you has had access to the seed phrase. Did you enter it into your mobile phone ? Have you downloaded any apps that could have a backdoor keylogger from 2025 ? Like a APK ove a playstore app?

89xred

Crazy thought, what if BTC addresses some severe issues with the FIAT system, but it's lack of regulatory oversight makes it an unattractive currency for an actual replacement for it. Maybe people would just rather accept an inflationary model, where you lose a little bit every year, but when someone steals money from your account their is recourse to get it back and you don't get absolutely fucked by one mistake.

Narf234

It’s 17 but nice job rounding up. Mature in a very practical sense. Does the average person know how to use, store, manage BTC? Do they even know what it is? Heck, the average person does not understand high school economics. I mean, even high school kids who pass high school economics are vaguely aware of how economics works.

Abject-Stretch-1187

Catastrophizing theft is just a poor rationale. What matters is the rate/percentage of theft. In BTC that rate has dropped drastically over the years because of better solutions to prevent your BTC from being stolen. This is no different than even the banking system you like, theft was a common thing in the early stages of banking and dwindled over the years. For every BTC stolen, there are tons that are safe from theft, people just harp/larp on the few that were stolen. Here’s a fact, there are more BTC in self custody than out of self custody, so this point that it won’t be adopted by people because of theft is complete nonsense. You just focus so much on the few BTC stolen like the traditional banking system isn’t currently stealing from you year over year. 

Narf234

I think it was a smart move. BTC is not mature enough **yet** to be an end all be all currency. Making it compulsory for businesses to accept it was draconian. I think a reasonable government should listen to the concerns of the people and adjust accordingly. Sneaking in the word abandon is disingenuous. An expert like you should know that dropping the requirement was a part of the recent IMF agreement. El Salvador hasn’t abandoned BTC and the treasury still invests in the asset. I do not agree with your claim that BTC has made their problems…however you define that, worse. Did that pass or do we need to keep up the Turing test?

weatheredrabbit

Look, i work in cybersecurity and started using BTC back in 2013… i know BTC, social engineering, and phishing real well. And I agree with you. BTC isn’t for everybody, and I’ll be honest, I would never convert my pension in crypto. BTC was created to decentralize the currency from a state or government. It succeeds in that. But what it does is also put the entirety of the risk on the user. Its security is crazy good, but when 100% on the risk is again on the user, one single point of failure compromises everything. A bank prevents that. This “holding your hand” can be good or bad, depending on you personally. In the end I believe it’s up to the user, pros and cons considered.

DangerHighVoltage111

> I'm talking about it's value priced in BTC. > > It was a 99% permanent drop in value that will absolutely never recover. > So what? Did you think a sound money revolution would be a walk in the park where you would get rich doing nothing? The opposition has unlimited money to prop up any controlled opposition. > This is a prime example of the most useless, worthless shit coin in existence. It's the Bitcoin that is free and uncrippled to follow the original goal: Sound money for everyone. BTC has long given up on this and is full assimilated with custodians and IOUs. You can join the sound money revolution and fight, or you can take the bribe and stay in prison.

mbingtx

At least it was 6+ BTC

gizram84

I'm talking about it's value priced in BTC. It was a 99% permanent drop in value that will absolutely never recover. This is a prime example of the most useless, worthless shit coin in existence.

MinimalistMindset35

Hot wallet or exchange? Why wasn’t your BTC on a hardware wallet with a passcode? It’s 2026, we have been telling y’all for 16 years how to protect your Bitcoin. Reddit is full of tips why don’t y’all ever listen when we tell you not to leave crypto in hot wallets or on exchanges?

quantum_simpleton

Well then, what is your opinion of the forst country that implemented BTC as a currency had to abandon/ back in less than 3 years. The impacts of which made their problems significantly worse, especially in debt/credit.

Abject-Stretch-1187

Again you like the fact that there’s recourse in the traditional banking system and you’re highlighting people losing thousands from their BTC stolen and there’s no recourse. You’re making a comparative judgement that one is better than the other and I’m telling you that if theft is what you care about then choosing the current system over BTC shows me that you don’t care about genuine theft and that you just dislike BTC and this is why I don’t believe you’re intelligent in this regard. 

Prestigious_Rod6969

Tell that to bro who just had china or north kores take his BTC

Abject-Stretch-1187

It all revolves around acceptance or rejection of self sovereignty. Anyone who chooses ETFs are literally saying I have recourse in the event of loss hence the insurance. Because not holding your keys isn’t enough, I need to make sure if you (etf provider) loses my BTC, you’ll make me whole. 

DangerHighVoltage111

> Holy shit, there are still people talking about bcash? Yep, the number is actually growing. >I can't imagine living through that permanent 95% price drop and still holding. You have to imagine it because almost nobody experienced it like that. Most bCashers are OGs they got their Bitcoin Cash at sub $100. And newer basher also got their bCash also much lower prices. The 95% drop vs BTC is mostly talked about by fiat maxis. P2p casher look at the tech and how to use it.

rotating_pebble

I never said that investing in bitcoin was an indicator of intelligence. You said that I was a hater of BTC, which is far from the truth, so I explained my history with bitcoin to you. Look, you seem to be taking this quite personally, I'm just trying to help you. You are under absolutely no obligation to follow my advice and I wish you the best of luck. I'm not sure what your point about inflation stealing value from people has to do with bitcoin having a lack of recoverability. People value _safety and predictability_ when it comes to thsir money, which is what traditional banking still massively triumphs in over bitcoin.

unvac

I do not live in America... I live in the United Kingdom, which has some of the strictest laws and regulations around AML, KYC, and BTC.

Bilatsibagya

Expect multiple BTC shakeouts: 50K → 45K → 40K. Weak hands will sell. Stay ready.

Narf234

Got it, skin in the game being in finance. Since 2022 when they adopted BTC, El Salvador has seen GDP growth of around 3-4%, great growth in tourism, inflation spike…in line with the rest of the world, credit rating has improved, public finances have improved…am I missing something? Seems like they are humming along just fine.

NonVideBunt

BTC is great if you want to underperform the market. Anyone getting in within the last couple years will have abysmal returns. But they will have BTC ! 😂😂

Abject-Stretch-1187

I don’t give two shits about when you’ve been in the space or bought BTC, it is not an indicator of intelligence. Respond to my comment. How does the gov plan on making people whole from all of the value they’ve stolen over the decades? Unless you don’t believe they’ve stolen purchasing power from people? Which would explain a lot about you. 

Abject-Stretch-1187

Let’s even give them the benefit that there’s an insurance covering the BTC. They miss some crucial things, you will only get paid in a fixed fiat amount even if the fiat buys you significantly less because the attack could occur 20yrs from now when fiat has considerably less value. Also if they genuinely cared about etf insurance, it should be denominated in BTC and not fiat. Or even worse, what if the attack occurs when we are no longer using fiat, then how would you pay out those affected when you have no BTC? 

quantum_simpleton

I work for a Hedge Fund in as a quantitative at our structured finance desk. Understand markets, economics, and financial systems very well, as have been engaged in them actively my entire life. Now that said, you aren't alone in your claims, and arguments can be made on both sides. My last point / suggestion, as to not beat a dead horse, but look into the countries that have actually attempted to use BTC as a national currency and the outcomes.

Abject-Stretch-1187

Then don’t buy BTC. It’s hilarious that you say BTC can lose you thousands and there’s no recourse but yet neglect the fact that fiat has lost people more in purchasing power and there’s no plan on returning those stolen value. You’re just another BTC hater disguising yourself as someone genuinely concerned for people’s financial safety. What a joke. 

rotating_pebble

Yes, BTC has proven itself redundant at this point. It has failed in its attempts to be mass adopted by the average person. People want security with their money, and stories like OP's highlight bitcoin as still unsafe and lacking in its technology. You can easily lose thousands and never get it back vs a traditional bank that will recover your funds. Bitcoin is essentially a meme stock that is now on its way to obscurity.

Abject-Stretch-1187

You miss the point buddy. If traditional banking was in fact superior then BTC being created would a redundancy. Issuing new money to make you whole in the case of theft isn’t superior, it is called inflation. FDIC is backed by the full faith and credit of the government, what other insurance company has this privilege? So the bank “premiums” are irrelevant especially when printed money is what is actually backing you.

Hoax__

It doesn't appear to be an isolated theft. The receiving address 'bc1qnk4zh9qcnap2mycp56qjrgza3cc8ylrh8fecp0' has received about 594 BTC (approx $37.8M) from 500 different addresses in a 15 min window (between 01:31-01:56 UTC 30/07/26). Many of the other sending addresses have been dormant for years, similar to your address. All the affected addresses contained more that 0.15 BTC at the time of the transactions. The only way to issue a sending transaction is to have the associated private key/seed phrase. For the volume of address suspected to be compromised there could be two potential attack vectors. Either be a supply chain attack, when the hardware device purchased was compromised. Or it could be a cryptographic flaw within the hardware device where the device generates users seed phrases in such a way that an attacker could predict them, similar to the Ill Bloom vulnerability from earlier in the month. Theft address has consolidated most of the funds in bc1qq85v2c926eg6pgxhwp6q7lf6cnsz80qs3fcu9r.

mrpotatonutz

Wow only 7.42$ to send .7BTC

536565454

Is Satoshi's wallet having the biggest amount of BTC secure too? I wouldn't call it quantum resistant.

slykethephoxenix

Or have been around for a while. 1 BTC is the max I put under any phrase too. It used to be 10, but wallets are easy to generate.

Alatarlhun

This shit is only being posted because ETH slightly outperformed BTC recently and bitcoin maxis are very fragile.

cubeeless

BTC to $400k!

brkinard

These companies can't provide guidance given their business model is tied exclusively to the price of BTC.

Extension-Act-825

These companies can't provide guidance given their business model is tied exclusively to the price of BTC. 

BubblyZone3752

Cardinal sin of BTC is someone else making your phrase, cmon bro

NonVideBunt

2029 is the year BTC fails

half-coldhalf-hot

I’d go with BTC, it has the lowest expense ratio

Abject-Stretch-1187

Yah I have countless coldcards and I never ever enter seeds from elsewhere in them. I always generated a new seed and then transfer to them and never single sig especially with the amount OP has, you need multisig since BTC should only get more valuable with time.

quintavious_danilo

Here's a suggestion: The BTC live price ticker, where you can choose between 24 hours, 7 days, and 30 days, should display the percentage change for the selected period. Currently, it's always the same, regardless of the timeframe. It should look something like this: 24 hours +0.80% 7 days -2% 30 days +22% Do you understand?

OldHamburger7923

What I do is generate seed. Write it down. Send a tiny transaction to it. Reset device, restore seed. Verify I can still access the wallet, send a test transaction to verify transfer out too. Then I get the next address and transfer to it. I also like breaking up assets into multiple addresses so no address shows with more than 1 BTC.

The_Bitcoin_Act

Yeah, that’s actually the correct take. Once sats sit in a KYC’d account, that UTXO carries the history forever, self-custody afterward doesn’t rewrite the chain. Chain analysis firms live for exactly this. ChangeNOW’s the classic no-KYC swap that doesn’t ask who you are for normal-sized trades, and there are a few others in that lane too, though most still cap how much you can move before they ask for ID, so it’s “no-KYC” more than “no-limits.” The premium on clean/no-KYC coin is real and has been for years. On the ATMs, you’re right they’re getting wrecked, Canada’s proposing an outright ban on them, a bunch of US states banned or capped them this year, UK’s had basically zero FCA-registered ones for ages. Worth noting though, most of that push is coming from elder-fraud scam losses, not really an anti-privacy crusade, and it’s a completely different regulatory lane than swap services. Killing off kiosks doesn’t touch no KYC exchanges. No-KYC BTC isn’t going anywhere just because the ATMs are.

Training_Carry9717

BTC doesn’t need quantum computers..anybody can hack seed phrase..

RecklessStallion9999

Never too late, but the average layperson only hears about BTC when there’s enough noise, and there’s lots of noise during the ATH. When the correction inevitably comes, suddenly BTC is in the gutter and not worth it, but that’s really the point when they should get into it. The current price is the 2021 ATH - let that sink in.

egej

NO. emphatically no. Bitcoin is finite. just about everything else has some elasticity, fiat is constantly deflationary, new gold reserves are still being discovered. right now bitcoin is trading at around 47% less than its all time high, btc is still a massive bargain. look how many state and national governments that have or are implementing BTC reserves, billions invested already. buy more now while you can, have far less regrets later

AffectionateYam624

No idea but I hope for more than it is now. Tired of these $100 BTC losers praying for it to go to $40k. Like sentiment isn't bad enough. Let's make the news again BTC dumped again it is dead blah blah.

WinterWind1310

I tried for 1 and half years on my mini PC running 24/7 retiredcoder could send 0.1 BTC so I buy a new one 😅😅😅😅

2shyofa3sum

Fun fact - if you have to take debt to have 1 BTC...you don't "have" 1 BTC.

Don_Esteban_

Best thing to start is to open a Binance or Coinbase account and start investing in BTC monthly. Choose an amount that you can easily spend, even if it just $10. I started with $150 a month. Its so important to just get started, you will learn on the way and with more confidence you increase your monthly payments. Never sell, just hold.

Nethereos

I'm not saying I beleieve this momentum is going to continue, just a completely objective stance. Your observation that you feel the ratio is getting weaker recently isn't right, at least in the timeframe of the last month. It can clearly be seen by looking at ETH/BTC directly.

AvailableTie6834

has no value? Give me 1 BTC for free then.

Important_Neck_2122

I've been purchasing fractional shares weekly for over 4 years now of BTC, sometimes more than what I set for weekly,. BTC is 22% of my portfolio. Good luck everyone Congrats, I know how you're feeling!!

Strong_Judge_3730

Buying crypto with cash would be easier. The BTC seller needs to count the cash and verify its legit. Then they have to be careful not to deposit it into their bank account all at once etc. So there's more friction on that side unfortunately

OldHamburger7923

Yes, you are totally right, odds are low that BTC could ever rise more than 7.5% in the next 3 years. Op did a wonderful job at making money. We should all subscribe to his newsletter.

Mirko_91

BTC didnt get "Hacked", exchanges did. BTC didnt go missing, it was stolen from the exchange. BTC isnt suspectible to hacking, wallets which are not properly secured by users get phished or accessed due to users running malware.

Friendly-Beach-4950

I wouldn't suggest it as of now. Almost all miners are unprofitable. Unless you're on a MASSIVE scale. Also most miners are run on 220v. Not 120. Canaan Avalon Q is a 120v BTC miner, but is not profitable. It is quiet also As for the rest of crypto miners... They produce massive amounts of heat and require special outlets to run. ( They also sound like a jet engine )

kumawewe

If you borrow money to buy BTC you are asking for trouble. Unless you are 100% sure about what you are doing, and if you are asking Reddit, my thoughts are you don't

The_Aardvark_

Fuck knows, but hopefully until BTC implodes on itself...

r33gna

Happy for you, but be careful now the scammers etc is out to get you. BTC ownership is, like other investment, best left unknown. Happy HODLing.

harl_vann

I’ve been into stocks and shares since the 1980s but it was Ethereum and the EVM in 2017 that got me interested in cryptocurrencies. Now I hold more in BTC than I do in stocks.

viklondon99

Taking a high interest loan would've been better than selling BTC. BTC is cheap now and it is the time to accumulate, not sell. Poor decision. You should beg borrow and steal right now to buy and preserve bitcoin.

qwertydcf

Oktober 2025 was the BTC ath, in 2 days we are in a 8 months bear market. If history repeats, we have like 2-5 months more and another down. Big if of course, but we could see another drop to 30-40k in the next 5 months. I dont think we will see Bitcoin under 25k ever agian. NFA JMO

darkunrage

As usual, BTC will bottom in autumn. Oct- Dec

Unlucky-Meeting6236

What was expected to happen ? BTC reaching $70-80k ? BTC did show a $1000+ up and down movement within that short period of time.

matthegc

The Orange Pill is BTC

Future_Program4666

Related measurement note (not about HAWK itself): early P2PK coinbases are a clean slice for “still unspent vs looks active later.” Script-level history can include homage deposits without the original coinbase outpoint spending. Outpoint-level vs the UTXO set (own archival node), free finding: \~1,704,022.66597442 BTC still unspent across 34,185 of 196,479 early P2PK coinbases; of 2009 by value, 66.13% still asleep. [https://parallaxbtc.com/findings/sleeping-fleet](https://parallaxbtc.com/findings/sleeping-fleet) Scope is that slice only — not “all Bitcoin,” not a claim about key ownership.

qiqiwohenqi

我想试试把花在无意义上的钱用于购买BTC最后看看它会变成什么样

wealthedge

Like BTC price action. Its fine.

dukey264

I genuinely dont understand the depression while BTC is at 60Ks. Did you guys honestly forget when BTC hovered between 20-16K literally just 4 years ago?

Awkward_Potential_

A feature I'd like, "My Stack" should have categories. I don't consider my Blackrock BTC to be the same as my self custodied, but I still would like to see it when I'm looking at my stack.  

Pure_Tomatillo6897

The math makes this a total nightmare in reality. Say you buy a sandwich and coffee for **$25.99** using Bitcoin. Here is the punch list of what you legally have to do for that one meal: 1. **Find your original cost:** Look up what you originally paid for that specific sliver of BTC. Let’s say you bought it months ago when BTC was lower, so your original cost (plus purchase fees) was **$15.00**. 2. **Calculate the gain:** Since you just spent it at a **$25.99** valuation, you instantly triggered a capital gain of **$10.99**. 3. **Log the holding time:** Figure out if you held that BTC for under a year (short-term tax rate) or over a year (long-term tax rate). 4. **Report it to the IRS:** Next April, you have to manually enter that $10.99 gain onto **Form 8949**, listing the exact date you bought the crypto, the date you bought the sandwich, your cost basis, and your proceeds. Imagine doing that paperwork for every single coffee or meal you buy. The administrative burden completely kills its utility as a medium of exchange.

versace_dinner

Never invest what you can't afford to lose. Assuming you have a job that provides a steady source of income, I would put 1/3 of your money into an ETF like VOO, 1/3 DCA in BTC, and 1/3 keep to yourself for fun money (enjoy your youth). That's just an idea, you can divvy your income up however you'd like. This way, you have a solid, predictable investment for the future (VOO) in case you want to go to college later or start a business later in life. You also have a sizeable store in BTC, which could turn out profitable, but if not, you have a good alternative asset. I would also pick up a Trezor hardware wallet to store your BTC. If you DCA using River, you can set it up to periodically transfer to your hardware wallet. I set mine to transfer after I hit 0.01 BTC.

TequilaTsunami

You could always just take interest in the form of BTC, by far the easiest thing imo. Coinbase (and I’m sure others) pays interest on USDC held with them and you can chose to get paid in BTC or you could stake it

usedmattress85

I know…which is why I always tell everyone about BTC

Fearless-Sherbert-40

Why not do the math on the HELOC, figure out your payment, then DCA that amount every month into BTC. You can’t default on what you already own. It does not seem like the institutions are going to allow us to have face ripping bull runs anymore. The big money is here, so slow and steady wins the race. The banks want you to leverage your home, don’t do that.

CODE_HEIST

the honest benchmark is the hourly return after fees, hardware and extra spending. cashback can work if it replaces a reward you would use anyway. running a Lightning node is more like operating infrastructure than passive income. for most people, earning fiat and buying BTC still wins unless the method is also a hobby.

ApprehensiveCare1113

"Relatively cheap to fund BTC" doesn't make an interest rate "low." If you can only borrow from Hard Money lenders at 20%, that doesn't make the interest rate "low." Regardless, I am just asking where you get a mortgage at a "low" interest rate? Where are these banks that loan money at 3.5% on a mortgage?

Emotional_Union_3758

Don’t do it. The market can stay irrational longer than most can remain solvent. I am not a fan of BTC, but the things I am a fan of, I take this approach.

Syonoq

A few years ago I saw, once and only once, a clip of a local news program about a mortgage product that bundled BTC with the home loan. I wish I could find that again just to analyze what they were selling.

Dependent_Code7796

Considering MSTR/ASST are buying BTC for 12-13% interest and banks are only charging 3.5-7% for a mortgage, I’d call all mortgages relatively cheap to fund BTC purchases.

Dependent_Code7796

He said take a mortgage, not take a second mortgage. I think if you own a house free and clear then leveraging that to buy BTC if fucking genius.

MeanderingMantis

Nah, just put what you can spare in BTC. End of the day it could be tomorrow or 2040, not worth more uncertainty on top of uncertainty

Rey_Mezcalero

Don’t take a mortgage for BTC. Just don’t bro

Creative_Virus9579

Pepe coin > BTC

KREIJO

Tbf it sounds like the house is paid off and you’d be cashing out equity which isn’t horrible if BTC is at 60. That being said, I would never cash out equity for BTC. I remember back in 2017 a lot of people did that and got fucked when they sold on the big dip. If you are okay having a mortgage payment I guess go for it. I would strongly suggest you don’t though. I’d rather have a paid off house than a whole BTC.

ErgoMogoFOMO

Because wealth moved away from BTC and into other high risk assets (i.e. AI) earlier as they were pumping.

itsmyfakeone

Why not both? My fun money in BTC did a clean 5x and helped me buy a home. My stocks are boring and consistent.

Heatsincebirth

Because no rate hike is a good thing. If they raised rates today it would have tanked BTC also. If they cut we would have had a nice rally.

oneawesomewave

Bought 0.6 BTC at 99 USD. Saw it fall to 50 USD and got sweaty hands because I thought I made a dumb investment. Immediately set an irrational sell order at 100 USD which was covered shortly afterwards. Bought back in at 250. Probably easy to guess I repeated the error but I learned from prior mistakes. It's a rollercoaster. It'salways good when you know what exactly you get in, but as a matter of fact most people know shit about fuck - this gives the extra excitement. Some enjoy it and some panic quit while the thing is diving deep down into a nice valley. Consequences are lethal.