BTC

Either_Junket6500

It's okay. I was just explaining limiting the things I use and my reasoning. I want to trade as little as possible, and not have to pay attention to loads of charts. I do better when I trade less and I sleep better when I can trust my setups and not feel the need to check charts all the time It's slow. I'm in a BTC short position, but it's basically the same price it was last night. My target is somewhere between $92000 and the 50 day moving average. It's looking like it could reverse ATM though. If it's looking bullish in the morning I'll probably close it. I made a tiny amount on Dow Jones though. Wbu?

scmck

10 BTC

TheBakedGod

That's the current fiat based system you're describing. Those foreign currencies are printed by foreign countries, its still money printing when someone else does it. What I'm talking about is literally what this meme is about. Under a gold (or bitcoin) standard, nobody can print gold or BTC, so if you want to spend more than you have, you need to borrow actual gold or BTC from someone else. Therefore aggregate borrowing must always be lower than aggregate savings. If the bank has 100 BTC, you can't borrow 200 BTC from them, can you?

afooltobesure

USD, until BTC is cheaper than it was when I sold it, and then more BTC.

phallicpunch

I have a separate wallet that I connect to Bitrefill & pay with USDC; usually from Base. You can send from other chains as well; including paying with BTC. If I’m moving from Stellar I’ll use Allbridge & send to the other wallet. I “assume” if you have the Bitrefill Visa card the process is similar. I believe there is a top up limit per 7 days so you should read their TOS. I personally don’t typically get Visa gift cards because some places don’t accept them or they just don’t work everywhere. It is good for a quick gift to someone tho.

Human-Category-5024

So if you compare the fundamentals like gold you can paint a picture. Bitcoin vs Gold a simple supply and demand thought experiment People often compare Bitcoin to gold but I think the comparison actually makes more sense when you look at how gold behaved historically. When gold first started seeing sustained long term demand as a store of value hedge reserve asset early holders were happy to sell. Miners kept mining investors took profits and the market absorbed demand without huge price explosions for a while. But something interesting happened over time. Eventually you start running out of willing sellers. Not because gold disappeared but because Long term holders became less price sensitive Gold moved into vaults reserves and long term storage New supply from mining was relatively slow and expensive At that point demand did not need to explode it just needed to persist. Once persistent demand exceeded the available supply at market prices gold had to reprice upwards to convince holders to sell. Bitcoin feels like it is following a similar path but with some key differences. Hard capped supply at 21 million with no surprises Issuance decreases over time instead of increasing with price Coins can be permanently lost reducing effective supply A growing group of holders who simply do not want to sell Early on plenty of BTC was available because many holders were happy to sell. Over time more coins move into cold storage ETFs long term wallets and institutions with multi year horizons. If demand continues even at a steady boring pace the market eventually hits the same wall gold did not enough sellers at current prices. At that point price is not driven by hype. It is driven by the need to incentivise supply back onto the market. Not saying Bitcoin is gold or that it replaces it just that the supply and demand mechanics look very familiar. Curious what others think. Where do you think Bitcoin is on that curve right now?

growmywealth

My SELL signal. Shorted 5 BTC at 97K. Post some gloomy pictures and I'll be back to buy it in few months.

ippleing

Some say 74, which is the etf entry point. I'm BTC long and have not tried to trade it after getting burned several times, I'm just not mentally built for trading.

Motor-Astronaut-4045

I told myself I’d reevaluate once BTC hit 1M. It will be highly dependent on if there’s a more attractive investment or a need for the cash at that point in time.

VariatCA

On Nov 28th, BTC went up to as high as 93.5k. By December 1st it had dropped as low as 83.7k. By December 3rd/4th it was up to 94.1k. By December 7th it was as low as 87.5k. By December 9th/10th it was as high ast 94.5k again. Then it just spent the rest of the month chopping around 87k, plus or minus ~2%. From the November 20th low of ~80k, we tested the 93-95k range three separate times within a three week period.

Mou_chaine

BTC as collateral instead of currency debasement is the real paradigm shift. If credit keeps expanding, it’s logical that it migrates toward the hardest asset available. The question isn’t if Bitcoin absorbs credit, but how fast legacy finance adapts.

GoodDog_1984

I do invest my BTC with massive profits return with broker , holding a BTC for long term is not a good advice

GoodDog_1984

Invest your BTC , don’t hold a BTC for a long term

Crazy_names

I am using my DCA as a leg in my retirement stool. I invest in my company's 401(k) because they do a certain amount of matching. It is foolish to leave that money on the table, it is foolish to count on it as your sole retirement. I also have a pension from my first career but it is not a lot again just one leg of the stool. BTC is the other leg where Social Security might be. Maybe it will be the 4th, but I dont want to count on it. So to get to the answer to your question I will start selling when I am no longer able to work and need the money. If it skyrocket I may sell it off and use it to pay off my mortgage or something similar but it won't be to buy a lambo or some dream vacation. I'm too practical for that. It will just be to secure my twilight years.

GoodDog_1984

I rather invest in BTC than holding a BTC

GoodDog_1984

Don’t hold a BTC , invest in BTC

DangerHighVoltage111

The only problem? BTC isn't electronic cash anymore. It got crippled and the narrative was changed to SoV, digital gold, settlement layer yada yada yada. Everything that does not challenge FIATs power.

TheRipeTomatoFarms

Hopefully there is no end game and BTC is just the store of value and world currency we expect it to be. If we can save it, trade it, and transact with it, why do we need an end game?

Mr--Clean--Ass-Naked

BTC was invented because money bad. Presidents/companies practicing bad money. They also buy BTC despite it being against bad money. the irony/hypocrisy is stupidity working its magic

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Post is by: Competitive_Coast281 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1qes5c7/trying_to_stack_bitcoin_long_term_while_starting/ I’ve got around $12k in BTC, 1 ETH (about $3k), and the rest spread across some other crypto. My main focus is Bitcoin. I’m not trying to trade or time every move I just want to keep stacking and holding long term. I’m also about to start a business, so obviously I can’t ignore real-life expenses or cash flow. Right now my thinking is: •Keep buying Bitcoin weekly (DCA) •Only sell if I actually need money for something important •If the market is strong and I need cash, I’ll sell a small amount •If I don’t need the money, I won’t touch it Basically I’m trying to balance building something in the real world while slowly converting as much income as I can into Bitcoin over time. For people who’ve been doing this longer: •How would you structure things if Bitcoin was the priority but you were starting a business? •Would you simplify and move more into BTC, or keep some other crypto around? •How do you think about selling BTC for expenses without messing up long-term goals? Also, are there any communities or groups focused on long-term Bitcoin accumulation, not day trading or hype? I’m more interested in learning from people who are building, earning, and stacking over time. Would appreciate any insight. *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.*

CUbuffGuy

Wow, that 3:57 volume print on BTC was very telling. We are moving up bigly this weekend.

MrRoidsen

Good, US dollar goes down, BTC goes up

MikaelAbou

There are plenty of BTC backed lenders available today like Ledn. Down the road, banks will offer this as they do for equities, every big bank has shifted its attitude towards the industry in the past 6-12 months. I wouldn’t let anyone take custody of my bitcoin, I don’t think that would be necessary to post it as collateral.

jkl2035

Sure, but you cannot handle Satoshis coins with that - I‘m long in BTC but think we have to take the quantum threat more serious, like BIP360 by Hunter Beast

SkillzThatKillz10

When 1/2 of BTC stack = remaining mortgage principal i retire. That would be priceless for me, time to spend with family and escape from the rat race.

JediRebel79

Time to buy BTC then lol

Seattleman1955

What is the endgame for any asset? BTC is no different.

forestwinds26

Lol bro I came here asking the same questions when I started people said "just buy BTC" that reply was not enough for me so I bought alt coins I bought others that did well and i still buy and hold alt coins right now my biggest bag is spx6900 I'm not bullish on utility with huge unlocks and shadow investors ect who hold huge percents of the token I could recommended this guys coins with market caps in all ranges and I am bullish on those coins but its still degen gambling and bad advice You want a save investment buy gold silver or BTC with am extra shout out to xmr, everything else is high risk and mathematically and statistically unlikely to exist 4 years from now I can safely bet I do more research per day then you do per year, and even after losing 300k I never blamed anyone or called anything a scam gtfo out here

Western-Source710

Still accumulating. I would borrow against mine to mortgage. Then, lock in a mortgage afterwards at a good time, pay off what you borrowed against your BTC. After a house, of course it would be a massive collection of pewpews, cars, large shop, antiques, etc.

Sp99nHead

At least that's 50/50 odds, if you leverage trade BTC you get liquidated in both directions on the same day lmao

A1JX52rentner

Everybody who is still strive for a shitty ass design villa and a shitty ass Lamborghini is probably 16 years old and has 153$ in BTC. There are other things to life.

92sheran

Amen! And you don’t have to sell you can borrow “the forever going down USD” against your BTC for example on Strike but make sure you completely understand the risks that comes with it like staying under the lower side with LTV etc.

evgeniy_pp

LOL, that’s what folks who’s asking “is 0.1 BTC enough” expecting 😆

buttcoin_lol

Seems like it's more profitable to bet BTC is going up than actually buying BTC. Are prediction markets safer than leverage then? You get the x multipler effect but you won't get liquidated?

FromThePits

It is. $100 = 0,0011 BTC 0,0011 BTC = More than all the bitcoin released in a single year after 2120. Buy it and save it for your great great-grandkids. $100 = family legend status .

Bionic_Push

I agree about short term volatility. But i wouldn't consider a 4 year cycle to be "short term". You can sometimes be 1-3 years under water with BTC based on past cycles. At those time scales some people consider buying on bear markets and selling on bull ones. Of course, you might get the timing wrong and turns out you sold and btc will never go lower than the price you sold for again and you will be forever waiting to buy cheaper again. Theres always a risk.

slo1111

It is a bold call and could very well be true especially if we can break away from earth to find gold elsewhere or find the energy and tech to manufacture it or get any below the earth's crust. In both cases, their value relies on consensus that they are valuable.  Culturally gold gets the win. Industrially gold gets the win, but in potential supply expansion, bitcoin takes the cake and then some.  May it be the currency of choice in the year of 2126, go BTC!

TheBakedGod

If you exchange your appreciating BTC for a depreciating supercar you're a sucker no matter what the prices are.

fan_of_hakiksexydays

I was expecting we'd be re-visiting $90K by now. Especially since this was the first time in a long time that we saw BTC finally break above $95K. I didn't expect we'd be hanging this long above $95K. Even in a scenario where BTC eventually makes a new ATH, you'd still expect big dips and re-tests along the way when we're back to high volatility.

YediMind-O

Sold my BTC for a solid yield Generating asset (tao)

Squeiner

I think it's just you bud. And I'm pretty sure your issue is that you've "been in the crypto world for a while" If you'd spent that time in Bitcoin instead, you'd know exactly how to use it properly.  If you just forget about the shitcoins and get learnin' about what really matters, you'll be moving coins at slim to no fees in no time at all.  For small enough transactions, lightning can go without fees sometimes, and if you do it right, it's always going to be insanely cheap.  On-chain you need to be able to set your own tx fees. Just set it at 1 Sat per VByte and you're golden. These days you can get into the very next block just with that.  There are a ton of other things to learn about. Fedimint, ECash, liquid, ark. All of these are cool things built on top of BTC that help you use it with much lower fees.  I just saw on the memorial that someone moved like 30 Million bucks for like 97 cents in TX fees. If it's expensive, you're doing it wrong 

adilstilllooking

When BTC can buy me a mansion. Jk, by that point, hyper-inflation would have occurred. I would just use my BTC as collateral then to get a loan against it as needed. BTC is replacing my 401K. I’m going all in.

Informal-Ad220

I thought you might appreciate my follow-up. I went back to ChatGPT and asked my same question, this time being a bit more specific: **What percentage of the total amount of Bitcoin ETFs sold are Bitcoin spot ETFs backed by real BTC 1:1, and what percentage are ETF futures?** I also asked the same question of Grok and Google Gemini. ChatGPT gave me the same results as before, whereas, Grok and Gemini gave results more in line with your results. I have no explanation for the discrepancies. It was an interesting exercise.

jstnryan

There’s no BTC on them.

Peewee223

Well, currently it would be between 1 and ~6*10^23 but that's a relatively accurate depiction of the difficulty involved, though it's not at all an accurate depiction of the actual process. --- SHA256 is a hashing algorithm - you feed it some data and it spits out a number, typically represented as a long hexadecimal string. Imagine that you have some list of transactions, which can be represented by the text "ABCDEFG". You can put those transactions into the hash function, with a number in front of them. For example: SHA256("00000000ABCDEFG") => 32d245325c25396706943cb836b652b991be9b4bb21f481ea1338d23ad760e14 SHA256("00000001ABCDEFG") => bba6b2113b1213839b036223f82816748bcd14dc4c8bd9d1adc817697c3e116a SHA256("00000002ABCDEFG") => 96ceeb33f6e22c2e5d79be8167e1d912fa48d9ca9df6e8ad37d8656857186bb0 SHA256("00000003ABCDEFG") => 097e22d097fcdd138480a5454203e57aaaa9b112a19cfea4972559df2227a729 That number in front is called a "nonce". The output *seems* completely random, but if you run the same input through the SHA256 function, it will always come out exactly the same. The miners' job is to find some nonce such that the resulting output of the hash function is less than some target value. For example, block #898,139 had the hash 00000000000000000001d6d23d8c8d9eb36bb7e8b49fcd43c98e13728712da67, it used a nonce of 335412437. When they do that, they get a block reward (currently 3.125BTC) plus all the transaction fees attached to the transactions. The target value is adjusted every so often, to keep the network as a whole generating new blocks every ~10 minutes, on average. --- The above is a simplification. The data that's actually hashed is all the following things concatenated together: version, previous block's hash, merkle root, current (approximate) unix timestamp, current difficulty, nonce. The way the SHA256 algorithm works, you can store your progress along the way, so changing the nonce takes the least amount of time. The "merkle root" is another hash, based on all the transactions the miner wants to include in the block (typically, whatever nets the miner the most fees).

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Post is by: Mission-Stomach-3751 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1qen3xr/why_i_stopped_buying_local_tops_and_switched_to/ Manual buying feels like investing, but in reality it often comes with an emotional cost — chasing tops, hesitation, and overthinking. I switched to a simple Auto-Invest setup: • BTC: 50 USDT weekly • SOL: 25 USDT weekly • Fixed weekly execution After \~6 months, my BTC average entry ended up \~11% lower than my last manual buys. No timing stress, no impulse decisions — just consistency. Not saying this is perfect for everyone, but for me the math clearly favored discipline over timing. Curious how others here handle entries — DCA, manual, or a mix? *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.*

Virtual-Ad5017

Because the block is the reward! You just add "... and I have +1 BTC, btw" at the end.

beavstaley175

I wouldn’t listen to these people. Reddit BTC fan club. Look at the charts. Notice how they are all forming a rounded bottom with a little handle ? Yup, know what that is ? Learn some TA. Message me for a free discord that can teach you all you want to know.

forestwinds26

BTC and XMR the only two Cryptos worth understanding and holding long term The rest are shit coins

Astewen

I don't have an end game, and I don't think I need one. Why? Because I'm using BTC for growth and to keep my assets off the US Dollar as it spirals down. I'm about to retire and have 90% of my non-RE assets in BTC, the rest in AU and AG. As I need USDs I sell some of those for cash to pay expenses, but only that much, the rest I leave in non-USD assets. As the Dollar falls, by assets increase.

shibe5

The definition of selling is exchanging something for money. Exchanging money (here BTC is used as money) for non-money is the definition of buying.

BeginningMost6014

"becoming?" BTC is not meant to be SOL.

account009988

BTC/ETH is still the best

vdzla

if my BTC wallet gets to the point where I can liquidate my mortgage, im selling 100% for that "freedom", and start stacking again

Temporary-Weather405

I personally believe that this behavior is to hedge against inflation, and that holding BTC for the long term is a way to preserve value.

IBAN-IBON64

Why would I sell BTC? For me, it's like gold or a work of art. I only sell it if I urgently need to; otherwise, I hold it.

SAULucion

Smart. I don’t usually trade but the last few days I’ve done little shorts on BTC because of recent pump and macro stuff (Iran, Greenland, etc). Closed each at around $600 pnl and I have stop losses set just in case. Then I don’t trade any more to prevent greed or revenge trading or whatever

Beluthahatchee

I have a theory about this: Institutions control BTC now. Once ETFs were created, everything changed. Institutions have to buy and sell the underlying BTC in order to write and hedge the options contracts associated with those ETFs. This is good in a way because it means the price will likely become more stable in ranges as time goes on. But the days of 10x gains on bitcoin are over. We still see examples of astronomic gains like with NVIDIA for example but BTC has failed to find a use case significant enough to warrant that. Real world market dominance with real demand reflecting necessity is the world's most important technologies. BTCs rise was largely speculative with people gambling on a chance to get rich and many did. I think it will start to move more like gold. However, even gold's recent meteoric rise can be attributed to more than its use as a store of value. Gold has seen significant demand through its industrial value. Bitcoin still has the first mover advantage though as we know it's only as valuable as investors believe it is. If institutions, the organizations with real money say it's valuable then it most certainly is. Retail is insignificant now in bitcoins valuation. I know a ton of people throwing around names like Nvidia and Palantir, readily willing to research and explore buying shares for their investment portfolios because people understand these companies aren't going anywhere and are necessary to the future. People aren't taking about bitcoin as much anymore and when they do it is with a side eye, often referencing its past wild swings or its by-association scams/controversies. With ETFs at least, there will always be buying pressure in the form of stock market portfolio inclusion. Then there is the quantum problem. Big changes have to happen eventually that will fundamentally change bitcoin. I am not sure if it will survive those changes but will will see. To me, it looks like bitcoin is on a road to obsolescence due to its struggle to find a real identity in use case and its impending security issues. There are better options out there as the crypto space develops. Thank you for your attention to this matter. What do you think? Don't ban me plz

explosiveplacard

A family member of mine did this when BTC was at $30k. Best decision he ever made. Your mileage may vary.

final_lionel

Use 1000 CHF/month to buy BTC and save the loan fees. BTC is not that cheap right now

y0ujin

If want to learn a bit about cryptocurrencies while not risking too much - I would suggest you this portfolio: 50% - BTC 25% - ETH 25% - Altcoins you like from top 20 on CoinmarketCap (except stablecoins of course)

Excellent_Resort_504

Until the amount is 1% of my family yearly spending... Then i hope to finance my family life with BTC yield and leave generational wealth. Easy.

Beluthahatchee

Institutions control BTC now. Once ETFs were created, everything changed. Institutions have to buy and sell the underlying BTC in order to write and hedge the options contracts associated with those ETFs. This is good in a way because it means the price will likely become more stable in ranges as time goes on. But the days of 10x gains on bitcoin are over. We still see examples of astronomic gains like with NVIDIA for example but BTC has failed to find a use case significant enough to warrant that. Real world market dominance with real demand reflecting necessity is the world's most important technologies. BTCs rise was largely speculative with people gambling on a chance to get rich and many did. I think it will start to move more like gold. However, even gold's recent meteoric rise can be attributed to more than its use as a store of value. Gold has seen significant demand through its industrial value. Bitcoin still has the first mover advantage though as we know it's only as valuable as investors believe it is. If institutions, the organizations with real money say it's valuable then it most certainly is. Retail is insignificant now in bitcoins valuation. I know a ton of people throwing around names like Nvidia and Palantir, readily willing to research and explore buying shares for their investment portfolios because people understand these companies aren't going anywhere and are necessary to the future. People aren't taking about bitcoin as much anymore and when they do it is with a side eye, often referencing its past wild swings or its by-association scams/controversies. With ETFs at least, there will always be buying pressure in the form of stock market portfolio inclusion. Then there is the quantum problem. Big changes have to happen eventually that will fundamentally change bitcoin. I am not sure if it will survive those changes but will will see. To me, it looks like bitcoin is on a road to obsolescence due to its struggle to find a real identity in use case and its impending security issues. There are better options out there as the crypto space develops. Thank you for your attention to this matter.

hoodie09

The only reason i sell is to cover a home expense shortfall where no other source of interest free funding is available. My home buffer is all in BTC. I note the amount taken and before any discretionary spending, top back up.

Beluthahatchee

Institutions control BTC now. Once ETFs were created, everything changed. Institutions have to buy and sell the underlying BTC in order to write and hedge the options contracts associated with those ETFs. This is good in a way because it means the price will likely become more stable in ranges as time goes on. But the days of 10x gains on bitcoin are over. We still see examples of astronomic gains like with NVIDIA for example but BTC has failed to find a use case significant enough to warrant that. Real world market dominance with real demand reflecting necessity is the world's most important technologies. BTCs rise was largely speculative with people gambling on a chance to get rich and many did. I think it will start to move more like gold. However, even gold's recent meteoric rise can be attributed to more than its use as a store of value. Gold has seen significant demand through its industrial value. Bitcoin still has the first mover advantage though as we know it's only as valuable as investors believe it is. If institutions, the organizations with real money say it's valuable then it most certainly is. Retail is insignificant now in bitcoins valuation. I know a ton of people throwing around names like Nvidia and Palantir, readily willing to research and explore buying shares for their investment portfolios because people understand these companies aren't going anywhere and are necessary to the future. People aren't taking about bitcoin as much anymore and when they do it is with a side eye, often referencing its past wild swings or its by-association scams/controversies. With ETFs at least, there will always be buying pressure in the form of stock market portfolio inclusion. Then there is the quantum problem. Big changes have to happen eventually that will fundamentally change bitcoin. I am not sure if it will survive those changes but will will see. To me, it looks like bitcoin is on a road to obsolescence due to its struggle to find a real identity in use case and its impending security issues. There are better options out there as the crypto space develops. Thank you for your attention to this matter.

SingularityXZ

Thanks for your encouraging words. Things are bad in Vietnam where millennials like me can't afford a 2 bedroom house while Gold, Silver and Real estate prices skyrocketed. With my humble salary, I can only put it in BTC. Dating the wrong girls meaning more money bleeding out while the good ones are either married or working themselves anout 10-12hrs a day to pay rent. Sounds like a rant but it's the reality here man...

coinfeeds-bot

tldr; Major US non-bank lender Newrez will begin accepting Bitcoin, Ethereum, SEC-approved spot ETFs backed by BTC or ETH, and USD-backed stablecoins as part of mortgage qualification starting February. This move allows borrowers to use eligible crypto holdings for income and asset verification without selling them. Newrez aims to adapt to the growing role of digital assets and cater to younger generations of wealth holders, while requiring all mortgage payments and closing funds in USD. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

greyspurv

Maybe but Commericial is still correct, you have to understand the underlying issue to fully grasp BTC and why it is there to also understand where it is going.

ImDeepState

More BTC.

Texi_Ken

There have been numerous studies that have show this to be way overblown. They never take into account renewables that are used for BTC or excess electricity that a power company produces that miners suck up thus giving power companies some income and using up power that would have been wasted. Never take into account methane consumed for BTC instead of released into the atmosphere....... on & on & on

shockwagon

We're in the 1998 internet phase of blockchain and decentralized finance. The money that i'm putting into BTC I do not need for 10+ years

OliveLegitimate3236

Sell? BTC is among other things money. The correct term in your case it's not sell, it's "exchange" for another currency, a FIAT currency I presume. No thank you, I am not planning to do it. Today I buy a pizza with BTC, tomorrow I'll buy services, land, etc. etc. I would even borrow agaisnt it, wait and see.

CUbuffGuy

Wouldn't more dollars mean a higher BTC price (in dollars)

Ace2021

If you can easily service the debt and have high conviction, yes. I took one out in 2024 and dumped it into BTC. My current stack would be nowhere near as high if I didn’t, and instead DCA’d the same amount, given the current BTC price. Key phrase in all of this is high conviction. If you truly believe BTC is the superior asset (hint: it is), the only question would be why would you not do this, if you can afford to?

Calm-Professional103

Although I lament it, the enshitification of BTC and ETH with “structured financial products” is the real issue. Inevitable that TradFi would eventually discover s way to capture and extract fees from something they otherwise could not touch. 

CUbuffGuy

Man, BTC has just been ass since it's big move to 97k. Just constant sell pressure and every little buy is instantly sold. Going to 92k like... today at this rate

dj_destroyer

Sure. Diversifying, reinvesting, selling, etc. What I meant is he didn't sell this loaned BTC purchase at a loss. He has way more BTC than this anyways. If you have hundreds or even thousands of BTC and you don't sell even one then good on you but it's not realistic.  Gotta take some fun chips sometimes. He's making his hometown driven by BTC. Look it up, he's doing more for Bitcoin than almost anyone. 

21Bullish

I hear you and who knows if we'll get a bull market this year or not, but here's what I'm thinking. 1. $100k is a psychologically major price level that takes a while to break through. 2. Bitcoin's thesis only grows stronger: bitcoin as an eventual replacement for fiat currencies which are debased at an increasing rate with no end in sight. 3. Institutions are truly here. Harvard's largest public allocation is BTC. Morgan Stanley filed to launch their own bitcoin ETF. Banks are acquiring and developing solutions. 4. The Trump administration has said they will "run it hot" and have a major incentive to juice the economy heading into the midterms.

ozera202

What’s it like being in the most shittest over hyped , future of finance asset class called crypto . BTC has no use being 90k for nothing other an a code living online .

y0ujin

Many thinks we're in a bull market - I think we're not. Bull market is not only when prices on BTC goes up. It's when there's a lot of business activity, new projects, new narratives etc. So far since 2022 we haven't really seen a bull market besides maybe meme coins (which also is nothing like a full business bull market). I personally think we're in a prolonged bear market. Mainly because bear market also aligned with historical period of changing world order. It's simply not clear what to build, what's useful what's not, what next 20-30 years will look like? In this environment people switch to thing necessary for survival first, and if crypto does not bring meaningful production boost at these times what's the point of it? besides scamming each other? Time will come. Right now it's more why we need it rather than "sad that cycles are gone"

stock-prince-WK

Heard this for 4 years straight. Took a break from BTC/crypto since last August. Start tracking these subs again — same things still being said 🙄😭

Puzzleheaded_Ask_918

Why do you think millennials try to stop global adoption of BTC ? I always thought millenials held the largest share of global crypto users compared to other generations

MikaelAbou

The plan is to never sell. Once my stack starts to compound I’ll maybe consider borrowing against it, but why would I sell and pay taxes on my gains while also losing the asset… I see BTC doing a 10x in the next 10 years, why would I sell?

MoistAbuelita

People buy BTC ~~hoping~~ ~~for~~ in anticipation of the fall of civilization and currency debasement

MtGloomy0420

You don’t sell $BTC. You sell your girlfriend’s clothes. You sell a car to buy a new one. You sell ideas and your services. You don’t ever sell $BTC. When it hits $250K you’ll be back asking why we let you sell $BTC. You’ve been put on notice ;)

Commercial_Ad_9864

You dont understand why you are buying $BTC then. You buy btc not to beat the S&P 500 INDEX .... but to protect your MONEY from a historically broken monetary physics system

autonym

>your loan payment is a monthly dca.  No, it's exactly to opposite of a DCA. The whole point of DCA is to protect you from volatile price fluctuations. If you use a loan to buy the BTC upfront, then you have preserved the disadvantage of DCA (monthly payment) while discarding the advantage (protection from fluctuation).

Code4Reddit

I agree, the original is simpler and gives a good idea at the absurd odds and the so called “work” a miner needs to do to “win” - I’ll take a stab though at a more accurate phrasing, but I’m no expert! "I have a magic machine that turns any input into a random number between 0 and 2^256. To win 3.125 BTC, you must find an input that makes the machine spit out a number smaller than 2^177."

A_Stones_throw

Have a house, paying it down as its a great rate right now. If my BTC stack get big enough I MIGHT think about paying off the house, then with the extra fiat I have each month instead of a mortgage payment DCA some of that into BTC and maybe a college fund for kids. Unsure if thats the best use of it, but if BTC can help give me peace of mind by providing a roof over my family free and clear while still being around to provide growth I think it might be worth it. Sure, you may not have a huge BTC stack years later but you get years of less stress because you dont have the pressure of a mortgage

SouthTippBass

But didnt Isildur end up losing all his BTC in the river? (Middle Earths version of boating accident)

workworkworkwork23

2019 holder here. Feels good to dip into the BTC after a bit of surprise expenses from the CC. Fucking paying CC interest rates

XapoBank

We’ve been in the Bitcoin space since 2013, and in that time, we’ve seen almost every version of a "loss" story. Usually, they fall into three categories: 1. **High Time Preference:** People who treated Bitcoin like a lottery ticket, bought at the top of a cycle, and panic-sold during a 40% drawdown. They didn't lose money to Bitcoin; they lost it to their own impatience. 2. **Lack of Self-Custody Education:** Those who left their life savings on "fly-by-night" exchanges that disappeared. 3. **Complexity Errors:** People who "tried to be their own bank" before they were ready, losing private keys, falling for phishing scams, or sending BTC to the wrong address type. At Xapo, we believe these stories are vital because they highlight the maturity gap in the industry. The "success stories" you hear are rarely about people who got lucky on a trade. They are about the people who adopted a **Low Time Preference.** They understood that Bitcoin is a marathon, not a sprint. They learned that if you stack consistently and secure your assets in a regulated, secure environment, the "volatility" becomes nothing more than noise. **What we've learned from a decade in the trenches:** Bitcoin is the hardest money on earth, but the infrastructure around it hasn't always been. You don't "lose" at Bitcoin if you hold it for more than one 4-year cycle. You only lose when you lose your keys, your nerve, or your perspective. **Don't trust, verify.** But also, don't let a bad experience with a bad actor or a bad cycle keep you out of the greatest shift in monetary history.

CharmingAdvantage579

just sucks that if you sell it’s automatically taxable. so if $100k gain, it’s at least $15k of taxes. So the only way you get ahead, if the goal isto ultimately buy back in cheaper, is a 16% decrease in BTC price. Bearing in mind, this doesn’t even account for inflation as a variable.

Automatic_Pangolin14

I feel pretty calm this time around. I just trade BTC perps on BYDFi exchange to hedge when things look shaky.

Rude-Rain-3149

Tangible assets but then again BTC appreciates significantly better.

OkInvite2589

I like where you are going with this, but O think your dates are a little skewed. The BTC bear market usually lasts a year so it's a year after it starts. However, this last bull cycle was like none other (suppression calculated in the data) so I don't know how reliable the pld cycle structure proves out

Cryptomuscom

A lot of people sell BTC to buy... more BTC later. It's just a gamble on the timing.

Random_182f2565

BTC is going to allow me to buy a home!

LeftyHyzer

also because i find it funny people in BTC would be anti gold/silver, just a PSA to those people that when you stack enough silver you trade it for gold. which is much easier to cash out without throwing out your back.

Blockchainauditor

I do not believe so. For one things, there isn’t a single right answer - there’s tons of potential solutions … they just have to lead to the hash less than a certain value (is it 19 leading zeroes now?). And the miners aren’t all including the same grouping of transactions in the blocks they are working with. So the nonce that works for you may be different than the one that works for me. And if the system had a pre-selected value to find, there would be no need for other nodes to check (and checking is easy) the work. Not to nit-pick and say the 3.5 BTC is only true until the next halvening …