BTC

Psilonemo

I think BTC would front run the break, as it always has. It has the highest beta. It will break first and by the most margin. Gold will as well, but the real question is not which will break first and more, it's which of them will recover all time highs and go on. Me personally, I'm buying both gold and cryptocurrencies that are pure commodities like bitcoin, xmr, xno (no smart contracts or complex service related tokens.) That's just me though. All of us here could be completely wrong and it could very well be that the next 4 years is going to be like the dotcom bust and everything will crash another 50\~70% from here as the mother of all crashes.

ramzreo

No that wouldn’t alter the timeline to the point of BTC going to $0 that’s a bit of a ridiculous claim! Some people put few thousands in at that time so technically speaking if someone would go back in time they’d most certainly do the same. There was literally a free faucet in 2010 giving out 5 free bitcoins a day and here we are. The only timeline shift would be you holding on to it and not selling. Bitcoin would continue to do its own thing and get massively adopted for the same reasons it did cause merely buying into it wasn’t changing the code or how it was built.

Liquidated4life

Bruh, it was a lot more than “half a dozen times”. Saylor’s been spouting the same schtick for years about never selling BTC and trying to own it all.

Snowman33001

On the 5yr, GLD is up 118.9%. BTC is up 77.37%. Yes, it’s bad timing for the chart. But that’s still what it is currently. People see that and get scared. They also saw $100,000 as a “big, scary number,” because of unit bias. If you don’t think it’s been rough, then we just disagree, and that’s fine.

Unlicensed_Uncle

Monopoly money weirdos use on silk road. Imagine those sickos just mailing drugs to each other for BTC....and now they own the world. Good for them. 

jb_in_jpn

Likely yes, but BTC - as an "inflation hedge" investment - is obviously where states are putting down their really big purchases. We can parse any number of edge cases, but then the conversation grinds to a halt.

MrNoodleIncident

That analogy doesn’t work. With a retail sale, you are getting the product (which has a defined value to you) at a cheaper price. The item itself doesn’t devalue. But I understand your broader point of expected future value with BTC.

Reefa513

Don't listen to this guy, that's why no one will remember his name. Go balls deep in periods of extreme fear. I did in 2022 10btc at 20k on home equity line of credit. Sold at 120k. Just bought back that 10 BTC last week at 60k.

Abject-Stretch-1187

This is just what a pump chaser would say. You weren’t saying this nonsense when BTC was up more than 600% in 4yrs 

Sea_Cardiologist_339

People that poured their life savings into BTC at 100k.

jb_in_jpn

We're talking about nation states buying BTC. They're not buying Monero or shitcoins - it's obvious what I meant.

EuphoricChallenge890

You shouldn’t need to sell. There are already products that can lend using BTC as collateral

Free_Entrance_6626

Because at 60k if you buy 1 BTC, you can buy 1.5 BTC at 40k... so the 500k becomes 750k potentially. Thats why it's important to time the bottom

el_rico_pavo_real

But that’s not what Bitcoin is about. All these other shiny toys are a reflection of fiat instability and manipulation. Peel back the layers of the AI CapEx and IPO mania and it’s obvious that BTC will be back with a swift vengeance. BTC is fundamentally sound.

TheRationalPaki

Nobody knows shit about BTC (which is also shit)

radiationholder

xrp is generally on the way down, it is an oscillator, like doge, it goes very high, and then goes down hard, eventually to go very high again generally all the alts this time around didn't do well with the BTC rise. We need to see if the next cycle is better, then the following cycle to really have an idea of what the real future of alts is like.

MSmithRD

The market is still reacting because a single company sold 32 BTC with a legit reason why and it had nothing to do with their confidence in BTC. We'll be seeing it happen for a while.

MSmithRD

If you are buying and holding and confident that BTC will hit 500K in the next 5-10 years, then it's easy. Doesn't matter if it's the absolute bottom. It might go lower, but if you buy at 60k and then it drops to 40k, what does it matter if in 5-10 years it's gonna be 500k anyway. The only downside if those are your beliefs is that had you bought lower you could have owned more when you did buy. Otherwise, you're all good. I bought at a bunch of prices including 118k and I have no regrets/cares because I feel confident I'll get my money back and more in the near future.

ANIAT444

I sent BTC Brisbane > New York via lightning in 6 seconds.

Own_Tomatillo_1369

If you can make way more money in this bull market, why stay with an asset at ~35% down last 12 months? AI replaced BTC for many and they made big gains.

BostonFishGolf

Invest only what you can afford to lose and tell yourself you’re supporting your conviction and future self. Also, find a way to save money. Like if you buy $100 of BTC, skip the next two times you woulda eaten out.

Dehyak

Did exactly what it did 4 years ago, to the month. BTC does what BTC wants

69-Kishaaq1

If BTC goes to 2$ I would!

Public-Cut5571

That's serendipity... A fortunate accident... Now hodl the 1 BTC till it reach $1M USD or hold it forever and use it as collateral to borrow against it in the future and U don't pay tax...

MisterD2112

BTC will hit $400k in 2031.

zenethics

First, it seems more likely than not that BTC at 1m per coin is coming soon. Second, dollars are pretend, and BTC can still be a bad investment if it hits 1m per coin and a gallon of milk is 500 bucks and the S&P is trading at 75,000. Just be careful with the dollars part in the analysis. A million sounds great but what matters most is what that million will buy when BTC hits the number. Goes for the upside too; BTC could be trading at 30 million. Is that good? Who knows. A price measured in future dollars is a moving target and doesn't mean anything unless you also specify how many new dollars we've printed between now and then.

PeeOnDusk

BTC is our only hope. But wait. Bloomberg gets richer if we buy 🌽

Dependent-Stuff-8982

She's gonna fuck up the clarity act. BTC wealth finances her, she will say anything to promote it but the real poltical win is Defi.

polymath_uk

I've never sold in 10 years. But I have my own analysis software which has upper and lower trend lines that each cycle has touched briefly. Except for the current bear where it's dropped eell below, and for the first time over BTC entire history. Even I'm nervous this time. 

MF_Price

Where did you find cheap BTC and what was the price, $45k?

EndSmugnorance

Then why did you say ‘crypto’ instead of ‘BTC’ ?

Gosat

Sell your dollars for BTC you mean?

JamesScotlandBruce

Say 2500 a month. That's 30k a year. So you'll be paying an extra 45 a year for that additional 0.15%. I wouldn't stress about swapping if you're somewhere that you're happy with. That's a millisecond worth in BTC time. 😀 Get it though. No point in paying more than you have to. But equally a lot to be said for the devil you know.

Minimal_Gains

Ik weet het niet wat het wordt met BTC. We gaan het wel zien. Maar zelf heb ik een minder goed gevoel dan ik in de vorige bearmarkt had, ondanks dat de koers nu vele malen hoger is. Maar nogmaals we gaan het zien, mijn gevoel heeft ook wel eens ongelijk.

TapThatYak

You could consider buying BTC 2x perpetuals. What ever risk you can stomach would set the liquidation price based on your account total and margin requirement.

Drumroll-PH

Nobody really knows if BTC hits $150K or $200K this year, and I've learned to be careful with price targets because markets love proving people wrong. If it does make a big move higher, I'd expect the biggest drivers to be continued ETF inflows, favorable macro conditions, and more institutional and corporate adoption rather than any single catalyst. The utility and infrastructure side matters too, but large pools of capital entering the market tend to have the biggest impact on price.

MeanderingMantis

Im confident in it being a retirement saving, rather than a 10 year quick turn over. It could drop, stay the same, or rocket. But money is worth less each year sat in a bank, and the value of BTC is at the end of the day partially influenced by the decreasing purchasing power of currencies

zkrooky

Looking at the full BTC life chart I say the bottom will be around $35K-40K, then it'll probably go to $160K or something.

Boon_Rebu

I got downvoted, but he literally just bought 1550 BTC days after selling just 32 BTC creating a price drop. Price if he had bought before crashing the price: 1550 BTC x 77,135 = 119,559,250 New cost of purchase after causing the price crash: 1550 BTC x 65,332 = 101,264,600

vulnid

You are allowed to purchase BTC whenever you want

LogicalBichon

BTC's reasonable price is $300 but that didn't stop it from going up

__redruM

BTC, who knows, but equities are looking good, but you keep buying gold if it makes your little goldbug heart warm. At the end of 2024 gold hit an ATH of $2600. And that’s a reasonable if high price for gold. Nothing fundamentally changed to get it over $5400, and between Tariff Taco and the Supreme Court simply canceling the Tariff power, the support for gold over $2600 is gone. I mean we’re at war and inflation is over 4%, gold should be going up, but because it’s way, way, overvalued, it’s out of it’s lane. And the price is falling. But keep buying those glittery heavy bags.

icantgiveyou

If all levels of wealth today were measured in BTC you get about 4-5 mil per coin. Maybe 7 accounting for lost one.

oopssomething

Now that the Iran war is over and markets are recovering, what is still worth to buy besided BTC?

69-Kishaaq1

What if BTC heads down to zero? Would it dig itself backup? In how many years?

Affectionate_Ad_8483

Historically, BTC just tanks with everything else.

Perfect-Emu3027

Who knows what purchasing power you'll have with 1 BTC? It's possible the dollar or other world currencies will cease to exist. Anything is possible on this beautiful planet 🤯

ubermensch1001

The one million threshold is probably not as far off as many people think. We are in the early stages of accumulation by both tradfi and governments, including the U.S government. By the 2028 halving, less than 2 years from now, there will be roughly 650k BTC remaining to be mined and by 2032 this drops to about 320k. Within this time frame, you will see widespread adoption by tradfi institutions and the major governments of the world will have actively been accumulating. If the U.S government passes ARMA and begins accumulation for the BTC reserve, you will for sure see other nation states doing something similar. In addition to this, there are already U.S states that are either actively accumulating, Texas, or in the process of passing legislation to start BTC reserves. Again, you will all see this play out within the next 2 to maybe 3 BTC halvings. Now, factor all of what I mentioned above with the fact that most BTC is already being held by wallets that are clearly looking to lock these assets into cold storage for the long term. This means that there is a dwindling supply available to an ever growing pool of demand. What's insane is that we aren't even specifically discussing Microstrategy either, which has effectively captured the bond market by offering a BTC product with fixed yield. Within the next 2-3 years we will see a new all time high. However, I do NOT expect this to take decades before we see the 7 figure milestone. There is so much that has changed since 2022 and previous cycles that I do believe we are not going to see this play out as before.

shosuko

Sort of. BTC can be a reserve, but liquidity is a problem. The larger your position the more at-risk you are to liquidity and fluctuating markets. Even if we presume BTC will trend up over time it is quite obvious watching it charts that a 20-50% swing is not uncommon. If we put an amount of funds into BTC that was significant as a nation it would be very difficult to access these funds. This would be a LOOOONG bet we're talking like 10+ years before any realization. It also opens us to a unique risk. BTC has shown strength in the long term vs other crypto, but it still has wild price swings and ultimately its value is based on the interest and investments of the userbase. If a new crypto comes out or something changes that displaces BTC from the market that valuation can drop to a real 0. Like think about it - even if gold went to 0 we'd still have gold and could do something with it. If BTC drops to zero that means the servers / miners are turned off and the system just shuts down...

valcyclovir

https://preview.redd.it/zhlwdd8a7p6h1.png?width=570&format=png&auto=webp&s=2f83adb942fdf54d326a850ad6783619b1e3987a I'm all in on TRAC, it outperformed every other AI coins, BTC and ETH and has never ever had inflation, generates real revenue from real world companies and are more active than ever. It's my only holding left, if it goes to shit I'm out of crypto.

account009988

Don’t buy alts. BTC/ETH only, nothing else ever

rechtim

and everyone said Saylor was ruining BTC with this 'Strategy' and here Blackrock goes copying his homework. Blackrock only does stuff that makes sense. This is insanely bullish for the long term

CODE_HEIST

Price targets are less useful than the conditions needed to sustain them. For BTC to push toward 150k or 200k, I would want liquidity improving, ETF flows staying positive, leverage not overheating, and spot demand leading perps. If the move is mostly funding and hype, it can unwind fast. I would rather track market structure and flows than anchor on one headline target.

CODE_HEIST

I would not treat it as rotation by default. In a real equity correction, BTC often trades like a liquidity-sensitive risk asset first, even if the long-term story is different. The useful framework is conditions: if yields/liquidity improve while equities cool, BTC can hold up. If everything is de-risking and dollar/liquidity pressure rises, BTC probably gets hit too. Have a plan for both instead of one macro story.

valcyclovir

Higher conviction has always been my way in crypto, I don't believe one bit in the promises most of these teams promise, then delay, then change narratives, over and over. I have been 100% on $TRAC the past year or so, and it has worked out great, outperformed both BTC and ETH, and stood its ground against other AI coins. Never putting money into memes or coins that generate no revenue. https://preview.redd.it/x1x9b7wa3p6h1.png?width=1199&format=png&auto=webp&s=92d848c92681bd04a05a15026057d25c22fa35a4

felixwraith

Brother. I was on the first mining run of BTC I used to have 20 BTC and lost then all due an old HDD wipe. I could have been the Bitcoin pizza guy. I've seen it all.

Favell81

During the last bear market, my $2K buy order for roughly 1/8 BTC filled right at $16.5K. I only wish I had bought more! 😂🤷‍♂️ Some lucky people even caught those fills just past $15K, but unfortunately, those weren't mine but close.

Ricey155

No and never loan against BTC either. Just DCA what you can afford weekly or monthly. Strike is good for that 👍

BadoBadap

Yo creo que aguantará unos meses BTC en la zona de los 50/65k de dólares. Debería de ir entrando la liquidez poco a poco al mercado de criptomonedas, si corrigen las acciones, supongo que parte de ese dinero "volverá" a btc y altcoins. Mientras que quizás, parte del dinero que ya ha salido del bitcoin estos meses ya está metido en estas acciones.

MandyG6

Stick to BTC

CandidateNo1004

I mean, lets say you have 58k in cash does it really matter if you only have 0.97 BTC instead of 1 BTC? If BTC goes up 100% from 60k- your money goes up 100% whether you have 0.97 BTC or 1 BTC- just because you have "more units" of BTC means nothing- if you erase the units you're essentially trying to time the bottom of a dip to maximize % return which would only happen if you not only time the bottom of the bear market but also the peak of a bull market- both of which are impossible to do.

bumtrainer69

No. I use a lot of margin for ETF's, but BTC to risky.

illtakeoneplease

I think most people mean too late for the 100000x gains which you mentioned. The real question now seems to be will BTC outperform indexes and stocks over the next 20 years

Sea_Slide_1692

What do you mean? Isn't BTC meant to be a currency? I thought, that people use it for paying... What is the purpose of the BTC then? A speculation?

CODE_HEIST

Trying to beat BTC turns into a second job if you do not define why the extra risk is worth it. I would compare every alt trade against a simple benchmark: did it outperform BTC after time, stress, liquidity risk, and mistakes? If not, the simpler position may be the better trade even if it feels less exciting.

CODE_HEIST

For a 15m BTC short, I would keep the macro part as context and let structure handle the trade. The key is whether the invalidation is tight and logical, not whether the macro story sounds bearish. If price reclaims the level that created the short idea, the thesis should be dead quickly. Low timeframe trades get expensive when the narrative makes you hold past invalidation.

Next_Piglet_6391

I wouldn't invest in a volatile instrument as if it were savings. Investing income should be separated from life expenses, it's pure speculation. Also, if electronic currency did eventually replace paper, it would be subject to the same inflationary forces. You all act as if BTC is some magic instrument impervious to market conditions.

__redruM

Or it means Gold is over valued, still, and people want money for something else, buying SpaceX IPO, or just grabbing the stock market dip. Gold and BTC were sold as a hedge against economic uncertainty, and both are far, far, out of their lanes. In reality they’re both highly speculative bets, and speculators can always lose interest and go somewhere else. That’s been BTC since the start, and gold/silver the last couple years.

EbrithilUmaroth

3 digits? Is that for ETH only or other coins too? Because BTC hasn't been in the 3 digits in almost 10 years and tons of other coins will never reach 3 digits because their supply is too high for that.

InvestaHepps

That’s kind of my point though. If equities are down 35% because liquidity is disappearing everywhere, then I’d expect BTC to struggle too. If equities are down 35% because a specific part of the market got overcrowded while broader liquidity stays intact, the outcome could look very different. The size of the correction matters, but the cause probably matters just as much.

mousathon

Or wait until next week after the Bank of Japan raises rates and BTC finds another local low.

Historyseriously

Strategy’s buys and sells dont control the market. BTC 24hr volume is $40B. Even if strategy bought that 1,000 BTC within a 24hr period, that’s 0.1% of daily volume.

FancyManager9992

Every cycle $60k: "We're definitely going to $50k today." A few weeks later if BTC bounces: "$60k was the opportunity of a lifetime." The price changes. The emotions don't This is exactly why having a plan matters more than trying to predict the next candle.

Adventurous_Wrap_712

Good questions and yeah its mostly stablecoins, USDT specifically not BTC or ETH. The numbers are from [oobit ](https://www.oobit.com/news/crypto-at-the-checkout-what-americas-spending-data-reveals)and the NYC data was interesting. To your point about what crypto payments actually means here, its stablecoins at visa terminals. Works like apple pay but pulls USDT directly from your own wallet at checkout, you keep custody until the moment you pay and the merchant just gets fiat. So no ones buying lunch with ETH and sweating the price a week later lol and yeah 100% agree, bitcoin for savings stablecoins for spending, different tools different jobs

Few-Engineering9803

I'm down $1 mill currently from the top, but I've been through much worse. When that amount of paper loss doesn't faze me, it should put things into perspective for most people. I've been waiting for many years, I can wait a few more. 150k BTC will eventually come, it's only a matter of time.

Shot-Structure-1274

If stocks drop -35% from here, I think investors need to be prepared for at least a -50% correction in BTC from here. I wouldn't take much comfort that BTC is already down over -50% from ATH.

jc456_

Definitely did that in my first cycle. This was 2017 to 2018 time when we had some pretty good alt runs. I was in Cardano very early, that was good profit. 2020 I put it all into BTC and that's where I've been since. These days I'm diversified across stocks, crypto and precious metals but just the big caps. I don't have time to do all the research etc anymore so just sp500, bitcoin and gold for me then I just live my life.

jb_in_jpn

We're talking about BTC here though.

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Post is by: ChillGuy383 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1u336ph/coins_from_2017_that_are_still_here_vs_the_ones/ Been thinking about this a lot lately. Everyone's asking which projects will survive this cycle, so I went back and looked at 2017 as a reality check. That bull run had hundreds of coins pumping and it felt like you couldn't lose. Then the bear came and the graveyard filled up fast. Most of them had great whitepapers and absolutely nothing behind them. No real users, no actual development, just hype and a Telegram group. The ones that made it through had one thing in common, they kept building when nobody was watching. BTC, ETH, XRP,. Nexo also comes to mind, launched right into a brutal bear market and just kept developing their product while others were dying around them. Chainlink is another good one, people forget how many times it was written off, but they just kept shipping integrations and expanding the oracle network quietly, and now they're basically infrastructure for half of DeFi. That's what survival looks like in this space. The market is pretty good at filtering out noise eventually. It just takes longer than people expect and it's painful to watch in real time. If the project you're holding doesn't have a real reason to exist beyond the current hype cycle, that's worth thinking about. Not saying sell everything, just saying be honest with yourself about what you're actually holding. *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.*

Blackiris-Code

It's because I'm new to crypto. I bought BTC in a CEX when it was at 62 752,45 € in March. It was the first time I was buying a cryptocurrency, and the thing that made me wonder what crypto exactly is 😄 Then I started trading, and now Solana is my most used bank and exchange! I use other chains too but not as much. Tbf, I have to say that BTC didn't impact much my portfolio. I only bought 500 € of it.

WastelandOfConfusion

Yeah but BTC is also going down. It’s going down to $15/20k before any real reversal. I’m just letting you know now before it happens. There are going to be many more cliff drops.

TradeWithMo

Here is a natural, realistic reply you can drop on this post. It pushes back slightly on the "moonboy" price targets, which usually earns a lot of respect and upvotes in serious trading subreddits because it sounds grounded and analytical. Honestly, $200k this year feels like pure hopium. Even $150k is a massive stretch given the current liquidity environment. Price targets aside, if we do see another massive leg up, it’s not going to be driven by "utility" or network infrastructure. Retail isn't buying based on tech right now. It’s 100% going to be macro conditions and rate cuts. Institutions are basically treating BTC as a high-beta tech play. For us to break well into the six figures and actually hold it, we need the Fed to pivot hard and start cutting rates, flooding the market with cheap capital again. The spot ETFs were an amazing narrative catalyst to get us to these levels, but that initial wave of massive inflows has clearly cooled off. Corporate adoption is too slow to cause a sudden spike, and the halving is largely priced in. Until the macro regime flips back to easy money, we are probably just going to chop around and liquidate late longs. I’m staying patient and watching the Fed.

PMmeuroneweirdtrick

BTC will tank. Alts will die.

bbatardo

I think financial institutions will keep embracing it because it makes them money. As long as there is a market for it, people will want to profit off of it. People also underestimate how big FOMO is. BTC is in the low 60ks right now, but if it pumped to 70k tomorrow more people would buy tomorrow than they would today because they would expect it to keep going up.

fugit185fi

My investings are ok, because my strategy is ECA. The more cheaper BTC and ETH go the more I get them

DecisionBubbly5623

I think this is one of those stats that sounds bullish, but needs a lot more context. If true, it’s actually a much healthier signal for crypto than trading volume, people buying groceries or paying bills is real utility, not speculation. But I’d also want to know what “crypto payments” actually means here. Is this mostly stablecoins (USDC/USDT)? Because that’s a completely different story from people paying for coffee with BTC or ETH. Stablecoins make way more sense for daily spending since nobody wants to buy lunch and realize they spent 20% more a week later because of volatility. Personally, I still see Bitcoin more as savings and stablecoins more as payments, different tools for different jobs.

CyberCrud

This year?!?  Tell me you don't understand the cycle without telling me you don't understand the cycle.  You want $200k BTC?  Then you're gonna hodl until Q3 2029.  For this year you should be asking about the bottom.  Your question should be, "Do you think BTC will hit $40k this year, or at least $50k?"

devCheckingIn

When gold was having that crazy rally all the influencers were saying that it was going to go to $10k, $20k or beyond and had all these narratives about de-dollarization and the debasement trade and inflation or money printing or whatever. Now gold is in a bear market, almost 30% off from the high and it's little brother silver is down 50%. It's not really different than BTC in the sense that everyone was calling for $200k, $500k, etc. during the rally periods.

ProbablyANoobYo

No. I researched the coins I wanted to invest in thoroughly before investing. While not everyone was a winner, collectively they greatly outperformed a simple BTC/ETH strategy.

zenren1989

That's so cool you're 5! What's your favorite color? So each day, roughly $35 billion of BTC trades hands. Imagine a GIGANTIC jar of a half a million jelly beans that people trade from! Now, Michael Saylor adds 32 jelly beans to the jar of a half a million ! The jar doesn't look much bigger right? Now, the next week, Michael Saylor in his saylor pirate hat goes and takes 1,000 jelly beans from the jar of half a million. Doesn't look much smaller right?

Adventurous_Wrap_712

Three cycles in and my portfolio went from 20+ coins to basically BTC, ETH, and stablecoins. Every cycle I tell myself I'll be more disciplined and every cycle I end up chasing narratives. The trick was finally admitting that holding 15 altcoins isn't diversification it's just gambling with extra steps

GreenBullOne87

I did the same thing. Every time I would see them go sideways for awhile I would think “okay I think we must have bottomed” I would add more to my position and within a week we would dump hard again. I’ve only been buying BTC and ETH while they’re down as well. I had a weekly buy and once I was sitting in profits I stopped the weekly purchase so I wasn’t averaging up and I’m glad I did now that we’re back down. I dumped a lump some into each of them and turned my weekly back on till we start heading up again.

InvestaHepps

I’d probably look at liquidity before I look at price targets. BTC doesn’t need a magical narrative to go higher, it needs enough capital entering the system to absorb supply and keep the move going. Whether that’s ETFs, stablecoins, rate cuts, or some combination of all three is the part I’d watch more closely than the exact number.

InvestaHepps

I think the reason for the correction matters more than the correction itself. If equities are falling because liquidity is tightening and investors are de-risking, I’d expect BTC to struggle as well. If equities are correcting after getting overcrowded while broader liquidity conditions stay intact, then BTC could hold up a lot better than people expect. To me it’s less about whether stocks fall and more about what’s happening underneath the move.

InvestaHepps

I think most people learn this one the hard way. Diversification in crypto can look sensible at first, but if everything is just a higher beta version of the same risk trade, you’re not really diversified. You just own more ways to underperform BTC when liquidity dries up. I’ve become much more selective over time. Less interested in owning every narrative, more interested in whether the market actually has enough liquidity and structure to support risk outside BTC/ETH.

SevereCalendar7606

The BTC network can't handle its current non-use. This has been known since the early days, that's why they had so many forks. I agree Fiat is going no-where, and it's own future is already digital and will continue to grow that way. Also self banking and yeilds are too great to pass up, for the average person. That being said there is no reason BTC can't still function as wealth storage. I think the gold comparison is over blown, but something similar to paintings and luxury watches.

GreenBullOne87

I started buying mostly bitcoin and Eth around the beginning of the year. I got heavily into alts in November of 24’ with about $5,000 and that’s about $500 now. I chased so many small caps trying to get those huge returns. Got a few right off the bat and was like “this is easy!” So I dumped all that money into it and then we’ve done nothing but go down. I’ve started to slowly DCA into some of the larger caps alts and just been leaving the small caps alone. They’re just lottery tickets at this point. If they do 100x, that’s fucking awesome. If not, oh well. I mostly hold BTC and ETH now with almost equal amounts into them and then I have some SOL, SUI, ONDO and one or two others I have added too. I definitely learned a lot from getting wrecked like I did though (it may be a small position to some but to me, especially at the time, it was not) and I’ve learned patience that I didn’t even know existed.

CryptoGuy89

Now I am just holding BTC and small amount of ETH and SUI. Considering to increase position later for those alts. But I think I am done with small caps

BallSmashingForever

Dollar has lost 15%. BTC will go back up. Dollar will not.

Diligent-Leopard-140

Interesting, how did BTC shrink your portfolio? In the long run, it's been up right?