BTC

YoungCapitalist95

* I sold most of my holdings weeks ago, waiting for an entry. Many people haven't been able to do it. I wouldn't argue against someone saying my timing was coordinated but lucky. * Not everything is "copiable"; many new inventions are blockchain-specific. For example, Leios for Cardano. The biggest network effect is still on decentralized blockchains—undoubtedly. * BTC Maxis can add BTC by trading BTC with altcoins when dominance is high. That's the data.

codemajdoor

No people still dont understand this about crypto currencies like bitcoin. First, Bitcoin is proof-of-work based. that is just like old-timer Gold. you had to spend effort to mine it and divert resources away from otherwise productive work. that means you cannot do it on a whim of a banker. thats why they hated Gold & wanted to control it. With BTC we just proved that its not military that makes a currency valuable its public acceptance that does. just like social networks. sure technically you can recreate reddit or Facebook in a month but to gain the public acceptance its a whole another game. Other thing is crypto is internet friendly which means all the traditional middlemen who made money with arbitrage are about to get a kick in the teeth (after we get past our rugpulls). lastly if 'they' take it on from us, refer point 1, we'll make another one and then another one. ultimately I feel we'll have a international basket of cryptocurrencies that will serve as 'bond vigilantes' (actual term google it) over any particular fiat currency.

Important-Minimum777

With BTC

FactCheckYou

there's a trade-off between staying invested in it and seeing it grow, and cashing out to enjoy it the goal should be to keep it in the family forever, and for people in the family to withdraw small amounts of it carefully and later in their lives when the BTC has most impact, and not for spurious things it's probably a lot to expect, but holding on to it through generations will be game-changing

Affectionate_Equal82

I have great respect for Charlie Munger, Warren Buffett, and especially Jack Bogle—an incredible person who chose to help the average investor rather than become a billionaire. May he rest in peace. Since they all disliked Bitcoin, it took me a long time to decide to invest 25% of my portfolio in BTC in 2023. Before then had less then 5%

FactCheckYou

the step-up-basis thing might apply *today* but they can change that at any time, and believe me they will, just to get our BTC

xarips

Lefties losing it already. With Kamala in charge, BTC would be at 40k right now

FactCheckYou

obviously you want your child to be a safe custodian who understands money there isn't much point giving them your BTC if they're going to piss it away on sneakers and candy passing on an understanding of money is arguably more important than passing on BTC itself

ScoobaMonsta

If you send dirty BTC to a centralised exchange that complies with kyc, they will close your account and most probably freeze your coins! Exchange accounts are custodial wallets. Not your keys, not your coins! This is censoring you from your coins. And your wallet that you sent those coins from will be flagged as suspicious. So you will have problems at other exchanges, and any other organisation that uses chain analysis. This has been happening for some time now. And its only going to get worse! Don't be ignorant or naïve. Have BTC sure. Nothing wrong with that. Just don't use it. If you want to spend your crypto, buy Monero and then spend XMR.

-Sensei_Panda-

Never listen to others! I did it at the beginning and I really regret it: I had sold my 5 BTC... HODL + DCA

tungfa

be a man - time to stand up to your mum ; ) - BTC will get you out of THAT basement !

ResponsibilitySea327

It was a pump before the dump. It was just to ensure the whales could maximize their short after the announcement before buying back in. Just the normal BTC low liquidity manipulation.

naminghell

No, the 21 mio BTC are already there, it's just that not all of them are found yet

PulIthEld

dont feel bad TSLA is down 33% since Jan 20, BTC is only down 18%

WanZed11

i dont even know what to buy.. Only BTC and Sol for now. Maybe eth cause Trump family is buying shitload of it

Mantis-Prawn

I don't think owning BTC makes you smarter,  but cutting the BS and propaganda through newspaper and television prevents you from getting dumber and suppressed. 

ResponsibilitySea327

If you think about why they buy and sell -- there are two components. The number of outstanding shares of FBTC (e.g. demand of FBTC) that is irrespective of price -- people can buy and sell FBTC all day even if BTC doesn't move an inch. And then there is the component of the value of those shares that are a component of both number of issued shares and the underlying BTC/cash holdings. FBTC's prospectus is to match the performance of their proprietary average BTC price index -- basically a composite index of prices across multiple exchanges. To match that price, they have to buy and sell BTC as well as manage the formation or redemption of FBTC shares. As another poster mentioned, these are done in baskets (of 25,000 shares). Again the aim is match BTC performance. FBTC does self custody which is different than most other ETFs (GBTC used to self custody but now uses Coinbase Custody). They own approximately 195,888 BTC as of yesterday. In many ways it is cheaper to buy via a low cost ETF and avoid Exchange or DeFi fees which can be substantial. Transactional use of BTC is on a decline (with speculative use well up) so investing via an ETF is a good way to go

andreas_europe

It really depends on personal preferences and where you are located, some hardware wallets to get may be easier and cheaper than others. For BTC only Bitbox, JadePlus, Coldcard, Bitkey, Cuvex are good choices. For Multi-Coin supported wallets Trezor, Ledger, Cypherock may fit your needs. For smaller amounts and simplicity maybe Tangem. Greets

Secret_Car

BTC is inevitable 📠

gvozdeni88

I’m so conflicted. My bags are 50:50 BTC/LINK. Average buy for BTC is around 70k. For link around 14. Still in profit. This looks like black swan event and it would be wise to get out. But then again, maybe orange man cancels his tariffs once JPOW lowers the interest rates. I don’t need the money invested at the moment. But everything is pointing towards the bottom. Get out and reenter when lower or just DCA like I did so far?

admin_default

To your point G, I’m also an engineer and yes, we make mistakes. Happens in any branch of tech - and FDIC insurance helps if you’re in the US with less than $250K. Otherwise, no. The risk of vulnerabilities is a critical reason why the thesis (that Raol Pal and others espouse) of a multi-blockchain future seems unlikely. More chains, means more potential vulnerabilities. BTC and ETH are here to stay. We might see a third chain distinguish itself from the pack but only time will tell.

BreadNugget

it's wild I listen to the radio on Saturday driving sometimes and they trashed BTC ALL DAY LONG. It was so pathetic to listen to these investors have no clue about any of it giving financial advice. I wanted to call in so badly but I just tuned out.

HighSolstice

Good for you, you probably got in earlier than I did but I definitely started as a skeptic, I chose to take the leap of faith when BTC reached $30K for the first time.

motobassy

Correct, soon there will be a time when fiat cannot buy BTC as the fiat will be worthless. Unpopular indeed

Kallen501

Bitcoin blockchain was crippled by Blockstream and corrupt Core devs in 2015-17. They refused to remove an archaic 1 megabyte blocksize limit and insisted everybody would need to use Lightning Network, which wasn't ready until 3 years later. In 2018, BTC fees went to da moon, almost $1000 per transaction in some cases. Then price cratered from $20k to $4k in just a few months as people realized BTC had become useless for payments.

BrokeButFabulous12

Confirmed, bought in around 2020/2021, been holding for long time. Sold most of my bags in December with 3-4x return. Ppl were saying im an idiot that "BTC will go to 200k" and "alt season just starting" lol. You gotta set a point where you say this is enough for me. Permanent hodl is nonsence. If i would hold i still had the same portfolio, now i have 3times the liquidity to buy back in, to double or triple my bags...

Millenial_Xer

Only if being interested in Bitcoin is a result of reading the white paper and educating yourself on monetary systems. I read Ron Paul’s book End the Fed, which lead me down the Austrian econ path. But am I smarter than others because of BTC of because I have decent retention and I like complexity? Not sure, intelligence comes in many forms. There’s a saying I came across “You’re only as smart as other people can understand.” Which is an interesting thing to consider.

WolfEither3948

BTC trades like a tech stock

DangerHighVoltage111

Not a single argument left, just personal attacks. As usual 🤷‍♂️ At least you avoided thinking about it. I wonder what makes BTC zealots so fierce? Maybe buying the top?

GreedVault

Recession - QE - BTC rally - alt season

digitalr3lapse

It doesn't really make a difference to me what the market does. I exited, but it doesn't really matter what price it's sitting at when the bear market hits. I'm not going to look at my gains as losses because I could have made more. I was mostly in btc this cycle, 2021 I mined helium early when it was sub $1 and got a good chunk out between 40k-60k. Also watched the coins I didn't sell drop 80% percent. I'm not saying BTC will do that much, but I bet it will be 50% or more. So many people post that this cycle is "unique" and will never end, that made adoption will stabilize it, which I believe it slowly will which eventually. The whales (billionaires at this point) are making too much money, the fact that there is always a crash after the bull market creates a self fulfilling prophecy. Powerful people hype the shit out of crypto to create exit liquidity. The same whales put up huge support to create confidence in the market then removed after the whale dumps. Whales put up huge sell walls to drive the price down then remove them and replace them with buy walls right up until they stop, it drops below the support everyone believes in and before you know it you held through a few lower lows and lower highs until you realize what's going on. This is extremely easy to let happen for anyone new in the markets. Not financial advice obviously, I just know that even if it pumps, the majority of the people hypingnow will ride the crash down more than they think they will. Reading charts with crypto has become less and less reliable, huge walls appear to

jaraxel_arabani

Tbh that's why I buy BTC. It's not for gains or what it, I just don't want to hold fiat that keeps debasing.... And we'll see some epic moves next decade imo

forgotmypassword4714

BTC at $83,300, most of the top 20 down a percent or two 🤔

forgotmypassword4714

Yeah it seemed like most people on here thought April 2nd would be a very bad day for BTC/crypto. One thing we should remember is Reddit has a much bigger anti-Trump bias than anywhere else. If you were on Reddit before the 2024 election, you would've expected Kamala to win in a landslide. Same thing with the tariffs and the narrative that Trump was gonna throw the entire crypto market into disarray. Basically if you're on Reddit, it's safe to expect the unexpected when it comes to Trump, as he's not *quite* as incompetent as most Redditors make him out to be.

forgotmypassword4714

*BTC down 1.4% in last 24 hours* Reddit: "OH MY GODS'S! DRUMPF IS FUCKING EVERYTHING UP!"

BuiltToSpinback

Very happy with the product Alex. After many years in the space, I primarily have switched over to River for all my BTC purchases, and HYSA. Please keep paying higher than average wages to attract and keep top talent, and only stick to BTC.

AdolescentKipper

Much like the dot com bubble, all of the current listed projects may fail, including BTC. There will be some form of digital currency, based on blockchain, but as with all technologies the initial pioneers pave the way for the future triumphs. None of the FANG corporates were the bleeding edge of their kind. Google was the closest but I recall a time when Webcrawler and Lycos seemed to have the search space locked up.

lessergooglymoogly

I feel like MSTR is at a point where they “own” enough that makes BTC itself less valuable. If they keep accumulating it detracts from BTC. More holders is better; less whales.

AncientKey1976

Alts bleeding more. BTC will be fine hbar

digitalr3lapse

You could absolutely be right. No one can say for certain. Every bull market I've been through (17 and 2021) the forums etc hyped it right up until the end. Even it does crash very few will say it's coming. I had planned on holding longer (sold late December) but the market uncertainty that Trump was going to create impacted my decision. I would have guessed BTC would hit 150k-200k with a normal year and it still may. I just don't chase the top anymore, just buy a couple months after it hits bottom to be sure it's actually done dropping and dca in for a few years till the bull run 3x or so and repeat. I

Classic_Flower_735

The hope is all wrapped up in ADOPTION as time goes on more and more individuals, corporations, fund managers, cities, counties, states, and entire countries are adopting bitcoin as a store of wealth. It is entirely NOT centralized NOT controlled by any one organizations....yes some whale investors have limited ability to nudge the price but not too signficantly and for that matter it behooves any holder to ultimately seek the asset to go UP not down....but one of the very best things otherwise? Is how FEW bitcoin even exist! It is MIND BLOWING there is a theoretical MAXIMUM 21 million coins PERIOD but the real number is much more 16million because some are lost "burned" forever! Who knows how many but remember it at one time was worth so little that people were not careful with the "keys" ALSO people actually lose their functional minds as they age or with illness and forget or just die without giving their keys to anyone....or the ones they leave it to do nothing and also loose that "bag" of crypto. People make a real mistake thinking they are too late to the game as if the money has already been made so now it will fade into obscurity....WRONG! We are STILL in the VERY early days! VERY early! Even if all someone wants as a hedge against inflation long term one can possibly go wrong if you ask me! But if you believe it will simply protect against inflation I think you will be so very suprised when you wake up in a few years and notice your BTC is worth 10x when you tucked it away....say someone puts half their life savings in today of $20k 10x? that is 200k! etc...if you dont need some cash for anything but retirement? I advise you to stick it in Bitcoin!

albarkoot

I think between 2030 to 2034 BTC hit 1M

forthetorino

Oh look BTC LTC and SPY chart identical. Is this what you wanted? IS IT???

FunWithSkooma

your money is not yours when there is a bank or any institution taking care of it. I see some crazy crisis coming and the U.S country yoinking everyone's BTC ETF. Or some crazy hack happening and draining their wallet, I also doubt that the amount of BTC in the ETF is true, they are probably doing fractional reserve here too.

arthurwolf

If you can't ask chatgpt to do that worst/best-case scenario math for you, and you have to ask Reddit instead, you **probably** shouldn't be investing **any** money into **anything**. It's fine to put all of your assets in a single basket if you are well educated and understand the risks and how everything works, but it doesn't sound like you do. I would recommend you get professional investment help, and diversify. If you want to put money into Bitcoin you still can, but it doesn't sound like if you put all your savings into Bitcoin, you'd be doing so from an educated perspective... Asking ChatGPT for you: Q: let's say somebody invests $1000 per month into bitcoin every month for the next 5 years, how much money (in usd and in btc ) would they have in 5 years. give one optimistic scenario, and one pessimistic scenario. A: Alright! Let’s break this down: You’re proposing a **Dollar Cost Averaging (DCA)** investment strategy where someone invests **$1,000 USD per month into Bitcoin** for **5 years (60 months)**. That means a total investment of: - **$1,000 × 60 months = $60,000 USD** --- ### 📈 Optimistic Scenario Let’s assume the **price of Bitcoin grows significantly** over those 5 years. We'll model a **bullish scenario** like the one from 2017 to 2021 where BTC price increased over **10×**, but to stay within reason, let’s be a bit more modest: #### Assumptions: - Current BTC price: **$70,000** (as of early 2025) - Average price over the 5 years: **$80,000** - End price in 2030: **$250,000 per BTC** (optimistic but not implausible) We’ll simulate the accumulation of BTC assuming that BTC price **rises linearly** over 5 years from $70k to $250k. That gives an average purchase price of around **$160,000** (midpoint between $70k and $250k). So: #### BTC accumulated: - $60,000 invested - Average BTC price: $160,000 - Total BTC acquired: \[ \frac{60,000}{160,000} = 0.375 \text{ BTC} \] #### Value at end (2030): - BTC = 0.375 - BTC/USD = $250,000 - Final USD value: \[ 0.375 × 250,000 = \boxed{93,750\text{ USD}} \] --- ### 📉 Pessimistic Scenario Now let’s say BTC **enters a multi-year bear market** or faces global regulation, competition, or loss of confidence. Prices stagnate or even fall. #### Assumptions: - Price gradually decreases from $70,000 to $20,000 over 5 years. - Average price paid: around **$45,000** #### BTC accumulated: - $60,000 invested - Average BTC price: $45,000 - Total BTC acquired: \[ \frac{60,000}{45,000} = 1.333 \text{ BTC} \] #### Value at end (2030): - BTC/USD = $20,000 - Final USD value: \[ 1.333 × 20,000 = \boxed{26,660\text{ USD}} \] --- ### 📊 Summary Table | Scenario | BTC Accumulated | BTC Price (2030) | Final USD Value | Profit / Loss | |---------------|------------------|------------------|------------------|----------------| | **Optimistic** | 0.375 BTC | $250,000 | $93,750 | **+56.25%** | | **Pessimistic**| 1.333 BTC | $20,000 | $26,660 | **–55.57%** | --- ### 🧠 Takeaway - In the **optimistic case**, BTC performs as it has in past cycles, and your disciplined DCA strategy pays off handsomely. - In the **pessimistic case**, you could lose more than **half your capital**. - The total BTC you accumulate **increases when prices are low** — so ironically, if BTC is cheap over the next 5 years, you accumulate more BTC, but it may be worth less in USD. Would you like a script to simulate this monthly with actual price curves, or to model alternative growth/decline curves (logarithmic, exponential, crash-recovery, etc.)?

FunWithSkooma

your money in your bank is not yours. I have said it and I will say it again: BTC ETFs will be the biggest rug pull in the history of mankind.

allstater2007

Haha took the last few hours off to case storms and come back to $83k BTC. Better than bring in the $70s tho! Trump saving us yet??!

jacd03

I am bearish overall, but BTC not dropping under $80K is looking kind of strong considering the stock market is touching a new low after hours, tomorrow is going to be interesting, hope we don't make a new lower low here in the crypto markets.

Numerous_Ruin_4947

The BTC hash rate is very volatile. On March 30, it went down as low as 724 EH/s. On April 2 it almost touched 1,000 EH/s. Now it is back down to 921 EH/s. And it's been doing this for the past few months. The BTC Economic Security literally swings by almost 30% in two days. That's hilarious! Imagine what it will do when miner rewards are 1/64th what it is now. [https://www.coinwarz.com/mining/bitcoin/hashrate-chart](https://www.coinwarz.com/mining/bitcoin/hashrate-chart) ETH staking is increasing. It's now above 34 million ETH. And it is more stable than the BTC hash rate. [https://beaconcha.in/charts/staked\_ether](https://beaconcha.in/charts/staked_ether) I think it will be cheaper to buy or manufacture enough hash power than to purchase enough ETH for a 51% attack. 1 million TH/s = 1 EH/s. The most powerful miner (S21e XP Hydro) hashes at 860 TH/s. 841,860 of these would provide 724 EH/s. [https://bt-miners.com/products/bitmain-antminer-s21e-xp-hyd-3u-bitcoin-miner-860th-s-bt-miners/](https://bt-miners.com/products/bitmain-antminer-s21e-xp-hyd-3u-bitcoin-miner-860th-s-bt-miners/)

ScoobaMonsta

Its not bitcoin specific. Any coin that has a public ledger has this problem. Once chain analysis companies started BTC flaws have been a lot more obvious! Here's a very good video explaining Bitcoin, fiat, and Monero. And it shows how XMR is the only coin that takes fungibility seriously. https://youtu.be/8quGD9W7B2I?si=cRjwuT2fC9xpmTAA

ResponsibilitySea327

I love that deliberate pump to $88k for the whales to skim some off the top knowing it will short back down to $82k. The good news is that I believe that most of the market impact is now behind us (S&P and BTC) now that the tariff plan has played out. Very possible we will see a new ATH in the next 60 days and a blow off top by year end.

popoppopcorn

You can't have the entirety of retail sit on fat bags waiting for a pump as it creates a lot of sell pressure. The market makers aren't pumping your bags, you are pumping theirs. You are supposed to be shaken out, so that you can FOMO in again and pump their bags. People are in their feelings trying to drag you down with them. If they are shaken out at a loss they will post anything to justify their decision and try to make you make the same decision as them. People are looking at the 15min BTC chart screaming it's over, but when you swap to weekly it's like oh we are still chilling. There's just too much bullish news about crypto to worry.

Additional_Buyer_381

Price is low enough for them to get in. The big problem is all the Paper BTC floating around which is suppressing the price.

mrpotatonutz

Is it possible for BTC to break away from the market?

skarrrrrrr

BTC already hit ATH noob

Distinct-Hold7796

BTC is not the only crypto around. Every bull market in the past had a common characteristic: fall of BTC dominance, and simultaneous euphoria in ALTs, which we have not seen in this market.

Needsupgrade

The security decreasing from hash rate going down only matters if there are attackers with the hash power to 51% attack. Even if BTC hash rate was 1/4 current it wouldn't  be big deal because cost to attack would be higher than any motivated actor to muster  A few market developing is a real possibility in the meantime . 

DBRiMatt

If only I had a BTC/GOLD portfolio. Instead I went BTC/ETH.

Remyleboo99

Also the 5th should be when the government will release data on their BTC holdings.

Due-Inspection-5660

I have over 40 BTC lol.

Worldly_Respect6099

Uhh, what's the word on the cryptic softwar posting by the space force BTC guy? The 7th will be 3 weeks from his teaser post. I'm ready to change the narrative from tariffs

DangerHighVoltage111

Why would you take the risk of being found out, pay high fees, wait for a long as time when you could use other private and faster networks? What's so golden about BTC these days?

Vipu2

There will be no excuse for anyone to say they didnt get chance to buy cheap BTC before it hits 500k

DangerHighVoltage111

> Tell me what chapters of the bitcoin whitepaper shouldn't have been written Funny since your cult is the one arguing against the whitepaper, while I and others arguing with it. But ignorance is bliss and so you still think small blocks, custodial L2s and non-pow-nodes are covered by the whitepaper... >The invention is using proof-of-work to secure a leadless decentralised database to solve the digital double-spend problem. Turns out, that solution was a lot more valuable than most realised. And you only need one True, maybe only one, but you need at least a working one and BTC is severely crippled, that what everyone is trying to tell you. >Every single alternative created value (which they gifted themselves with) and never achieved the decentralization. Again that is just your ignorance. BTC is actually pretty centralized these days. Which is (funny enough) on of the reason big old money is pouring in. What are all your coins gonna be worth once you can't move them anymore?

IGD-974

Yea, but you transfer it from your BTC balance.. BTC is the "gold standard" of crypto

SeaworthinessSad7300

I wonder what the stats are on people who start with shitcoins who come back and invest in BTC. I suspect many would not

SeaworthinessSad7300

yeah I am worried about that. I am heavily in BTC ETF in my retirement fund

xMeaMaximaCulpa

Wtf. I have a Take Profit order at 88,345 in bybit and it didn't trigger. BTC reached 88, 560.10 in the exchange. Wtf is this shit. Even the order disappeared from my Order History...

MustHaveMoustache

No. Because I've been studying and building conviction. If you have a hard time buying BTC right now at these prices then you have no idea what Bitcoin is and what It offers.

digital__bits

I think that other cryptos already solved all those problems without being BTC.

Meisteronious

Aaaaaand it’s gone. $82446 BTC

thranetrain

Rephrased: As long as we're adding zeros to the BTC/GOLD ratio 😀

CrustyBus77

Nasdaq futures down 4.24%. Everything is gonna dip but BTC is going to recover faster and become the safe haven from inflation and crazy high P/E ratios on stocks.

Itchy_Influence5737

>someone PLEASE tell me there’s a better way? Yes. Stop fucking doing that. Buy the same amount, once a week, every week, and stop paying attention to the short term. Also, BTC is a better store of value. Good luck to you.

Rave_with_me

I buy BTC because I can't afford not to. Eventually the elites will run USD straight into the ground and adopt /create another currency.

OneKitchen7441

If you believe there will always be fiat money then ETFs make sense. If not, then buy BTC.

numbersev

> It wants me to put some money so I can withdraw SCAM. They probably have your personal info now. > it said there was a code I could use I thought another scam. Today I was bored and decided to try and use the promo code that the IG post told us to use and it worked and I received 0.31 BTC.  Yea bro, they just gave some random pleb $30k worth of Bitcoin... /s

LegendaryJohnny

If you will read whole thread I was just reacting on euphoria of bellends like you that 'it will never go below 86k' or that it will be '90k today'. My comment was literally about BTC being below 86k in 4 hours from commenting. And it obviously happened as I predicted. It was clear as day it will retrace fast. And that 1 moron like you always come out of woods to tell me I am stupid bear or in your case 'remind me 5 hours'. So here I am reminding you your stupidity. Now you are just trying to point out to something which does not exist and distract readers from seeing your clear stupidity. As Trump would say: you are low IQ individual.

bluesourcing224

No, because it’s about strategy. First you need to understand the basic economics of trading and the risks. Secondly what BTC is, market cap and value. Learn about halvings, whales, accumulation and manipulation. Learn about eco systems, mining and bear/bull runs. Long term there isn’t any harm if you believe it’ll keep rising. But there are better option out there to leap frog your way to owning BTC. Why buy at 80k when there will be a huge sell off into a bear market? Buy low and hold long term and keep some in a safe for when it becomes to expensive to own. Also, never leave your coins on exchanges. Get a ledger direct from a company , always research and don’t buy of Amazon 😂😂 hope that helps 👍

Numerous_Ruin_4947

20 years from now the BTC miner rewards will be 1/32 of what it is now. 24 years from now it jumps to 1/64 and 28 years it at 1/128. How will BTC be secured if Miner rewards vanish? Transaction fees? They would have to be very high to maintain the existing security. There is a big question around how BTC will be secured in the not-too-distant future. It's not a done deal.

Maleficent_Sound_919

Okey mr 0.01 BTC Maxi

dormango

Well the BTC numbers hit the levels noted for a breakout, briefly, until we were all liberated from any gains that may have been accumulated.

yellowmonkeyzx93

Whales and institutions were buying BTC. Smart money knows there's a pump coming later. So just tune out the bad narratives and be patient

wsdmrtst

That’s a lot of miners to convince… all around the world, not just in the US… remember the 2 times China tried to ban BTC mining?

Due-Inspection-5660

anyone investing in alts at this point deserves to lose money. BTC is the only way.

LegendaryJohnny

So why you wanted remind you 5 hours my prediction which was spot on as 9/10 things I predict now? And no, bitcoin is not where it was trading 24 hours ago. Exactly day ago BTC was 85.5. Now its 84k. You should probably leave crypro before you lose all your savings. Weaklings like you who can't understand market and wrap head around fact that crypto going down 5th month in row should just avoid this high risk.

Savik519

You'd be surprised, check out some YouTube videos of Trezor hardware wallet setup. When you feel comfortable buy one and send a small amount of BTC to the wallet, then completely reset the device and restore by using the seed phrase that you copy down on initial setup.

biba8163

After hours the stock market is drilling. If BTC doesn't stay resilient, we could see an Altpocalypse,

Savik519

No, but again it is not the real thing. You're buying paper certificates representing BTC. If you are just trying to get exposure to BTC price action in your retirement account then sure FBTC makes sense, but after studying bitcoin I've realized that I would rather hold the real thing myself.

nionios_k

It is just too tiring to keep track of all that is going on in USA. We have a life here in Europe.. I'll start diving in when my CMC notification for BTC dropping to 70k kicks in

Savik519

Yes absolutely. FBTC is like buying paper certificates redeemable for gold BTC on exchange is buying gold bars and having them in someone else's vault far away Self custody BTC in a hardware wallet is holding those gold bars yourself

oneplusseventy

Kind of similar to owning bullion vs paper gold- Less flexibility in owning paper BTC Also, there may be a future where the sats aren't fungible FE; In the future btc might have a fiat version that trades at a discount to spot, guy on WBD pod recently talked about this. I think his brand is the Bitcoin Advisor.

SoberHye

The price of BTC was around 85K, as you see I bought at over 87K when the transaction happened.

Silver_Archer_7527

Idiot. Trump has removed all the resistance to BTC breaking $100k and eventually $1 mil. The US is a BTC country now. You need to dump the Marxism.

Vipu2

Read only tldr, greed is the main thing that pulls people into BTC, that is good thing that greed can be used in a good way.

Red_Pill_Blues1

Tbh I'm very happy with how BTC is holding up during this volatility.

Simke11

That's like trying to outperform S&P 500 in stock market. Long term the amount of people who manage to do this is very small. You are better of just buying and holding BTC.

Simke11

And how's buying alts instead of BTC for huge gains working out so far?

Pasukaru0

Because it's not BTC. It's an IOU.

ExcellentPlace4608

Best way to do it in my opinion. Average in. I’ve had a monthly auto buy set in Coinbase for quite awhile and I rarely check BTC price.