BTC

DigitalHierophant

This, people new to crypto and come in with the spray and pray tactic. I'd just go in BTC, ETH, SOL and call it a day. Btc digital gold, Eth is basically the IBM of crypto, and Solana is the Apple of crypto. The powers that be will never let XRP pump properly, and people would do well to understand how circulating supply and total supply affect the marketcap(price) of a project. Tao/Links are tossups at this point.

Hot_Philosopher3199

No. Dude do you REALLY think there is NO CHANCE that BTC won't perform?

potificate

blockheight 840.000 was on April 19, 2024 05:09:27 closing price for Bitcoin (BTC) on April 19, 2024 was **$63,670.02** Still not sure where you are getting your $41,962. The only news references I can find that quote that exact number were from September of 2021

Chickensrock1977

Dump BTC

ReceptionSmall9941

Solid list, but for a first entry you might keep most weight in BTC/ETH and treat the others as smaller satellite positions. Also consider scaling in over a few buys so one bad week doesn’t set your average too high.

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Post is by: AdPretty1939 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1renz23/first_time_adding_crypto/ I have about 7500k and I’m a 21M and this my first time adding into crypto. This is will likely be what I buy when my funds clear and it will be evenly distributed . Any recommendations or thoughts on if this is a smart way to add. I feel like the prices right now in crypto is so cheap that it should t be a reason I don’t take advantage esp during this time period . This will be my initial investment and I will likely add over time in case it dips even more . Looking forward to people’s thoughts less $LINK $TAO $XRP $SOL $ETH $AVAX $BTC *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.*

cincy15

It’s ok, that other guy just put his 401k in BTC.. hence why the pop.

brkeng1

You are going To lose 10% off the top and then pay tax on the income. So your 800k turns into 480k ….. you would need BTC to not only double to just break even, you would need it to quadruple to double your original 800k then you STILL pay capital gains on ghat 800k ——20% . 160k off that so you need an additional 20-30% over the 280k BTC price so you would need BTC to hit $300k+ to properly double your money. Approximately.

Nikante

Interesting to see how focused people are on owning one BTC. When I was a kid, people wanted to own their house outright. Now it’s lambos and apartments and money we can see on a screen but not touch. I feel like George Jetson living with the Flintstones.

No-Cable9274

"I don't think it's fair to say definitively that BTC isn't a store of value. Just because traders aren't treating it like that today doesn't mean it inherently isn't that thing." bruh, this by definition means its not a store of value. Value is determined by the market. The market spoke and said they would rather store their wealth in other assets. Sure you can make money on the volatility but the market is saying this is not a place to store your wealth.

SM-

Was looking at a random wallet that put a 40x short on BTC, his liquidation was at 69,601K and it peaked at 69,550K, how lucky can you get :D

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Post is by: SurroundAccording535 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1renmpq/btc_just_ripped_from_63k_to_68k_are_you/ Months of pain, one decent bounce, and Twitter's already calling it parabolic. Meanwhile GD Culture is dumping 7,500 BTC at a 41% loss and Bitdeer sold their whole treasury to go chase AI. Make it make sense. Personally I've been running a grid bot on BTC/USDT just to claw back some of the bleed. Not life changing money but it beats staring at charts and guessing. What's everyone else doing? DCA'ing through it? Sitting in stables? Trading the chop? Genuinely curious because the hodl crowd and the active traders feel like they're in two completely different markets right now. *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.*

TheresNoSecondBest

For 1 BTC you always get 1/21 million of the total supply.

ir88ed

For me, it comes down to who you trust. FBTC has does in-house custody, meaning Fidelity holds thier own coins. IBIT by Blackrock uses Coinbase to custody the coins. Coinbase has cooperated with oversight and been around a long time, so that is who I am most comfortable with. Also, IBIT holds significantly more BTC. They both track the BTC spot, so performance-wise they should be the same. You said the money isn't for you. Just FYI, if there are minor dependents, you can look into setting up a custodial Roth. These were 100% IBIT for me.

komodo_lurker

Can’t deny it but the statement would have some more teeth if there was something I could always buy for 1 BTC.

Odd_Bar9513

Do it. Yolo! Or… you could be kind of sensible and split it between BTC, Gold, ETF:s 🙂

madinek

I just invest 4K in BTC hours ago. My opinion? Go for it but not all at once but in chunks,there is still room for BTC to go even further down. Thank me latter👍🏻

crazy_lolipopp

HOLY FUCK BTC IS GOING CRAZY WE ARE SO FUCKING BACK BABY!!!!!!!!! WE WERE NEVER IN A BEAR MARKET, IT WAS JUST A CORRECTION ALL ALONG \- some braindead crypto influencers right now probably

Grunblau

The first one. Forcing sale of assets to cover temporary appreciation tax. If you bought a BTC in 2023 bottom and still held it at ATH, you would owe tax on $109,000 unrealized gains. Likely requiring you to sell 1/2 of your BTC at today’s price to cover your tax bill.

icantbearsed

The advice you’ll get from here is to simply hold it. Which (ignoring all the memes etc) isn’t bad advice. When you first get into BTC you’ll see wild swings. The stock market moves a couple of percentage points and the world loses it shit. Bitcoin moves double digit percentage points regularly and you need to stay calm, that’s its norm. Don’t look for trends, don’t look for “expert” advice, crypto is the new frontier and nobody honestly knows better than anyone else. Put in what you can put in, let it build and duck out as and when you need the cash. If I were to give anyone advice it would be to put in regularly over a 5 year period, ignore the price and the noise and believe it will go up over the long term.

TheRadishBros

90% of the reason BTC moves in either direction is liquidations; longs or shorts, depending on the direction.

Velvet_Samurai

lol, one guy said something and it skyrocketed. Wonder if it will work for me. "BTC is cool, I would rather have a BTC than not have a BTC." And now we wait.

Earth_Vast

Only need to know one thing. 1 BTC is 1 BTC

t0m0hawk

If youre asking internet strangers for input it juat means youre on the fence. Your gut instinct is throwing up red flags. Its a big gamble. But im a strong proponent that sensible diversification is key. Even if BTC ends up being the best performing asset, its still not my whole portfolio. Expose yourself only to as much risk as youre comfortable with.

ysa0077

if you don't know much, best thing to do is to DCA, dollar cost average. So let's say every month when you get your salary you can afford to put $100, put that $100. Ideally try to buy at a time where BTC is lower than usual (if you see it hovering around 95k CAD then try to set the order at 94k CAD).

soks86

I didn't see this said sooo... You might want to consider not just FBTC. Ya never know when someone might abscond with the BTC. For that sum you'd want to at least pick 2 or 3 firms so you can't lose it all on one big fraud. Also, BTC cannot rise faster than USD markets forever. You might want to consider doing 50% and making sure your other 50% is globally diversified. At this price though, I'd say 100% in the morning would have been good ;) I'd be worried about the long term and personally can't imagine going beyond 75% BTC in a 401k account. How else will you ever need to rebalance?

Mantis-Prawn

What happened to the times that 1 BTC was 1 BCH

Beansieeeeeee

Take out 300k and put it into BTC, keep the rest of the money (500k) in 401k

Neither_Minimum_1416

I’m in similar boat. Lost faith in fiat currency. I think a reasonable goal is to try and get to 3 BTC as cheaply as possible over next 18 month’s. I think in 20 years you’ll be happy with that decision.

HemiSync

In 1929 there were a lot of people standing in windows staring at the sidewalk saying, “I couldn’t believe it would collapse!” Only thing I’m saying is there is no reason to dump all your eggs into one basket. My annualized return over 5 years on my Roth is doing great and yes BTC could do even better, but why risk it all on one asset.

Creative-Zombie-4212

The problem with BTC is that it spikes so hard but as I stated, if you buy low, sell high you are good. If you are not dependened on that money within the next years, you are good to go. I'm certain it will reach new highs. Just look at the chart: [https://bitcoindeaths.com/](https://bitcoindeaths.com/) It isn't and will not be dead in quite a while

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Post is by: talkative_mine and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1relm6e/is_the_cex_stress_cycle_getting_shorter_another/ I didn't even finish reading the whole Guardian piece this morning. I got halfway through the part about $1.7B linked to Iran-backed groups and I just closed the tab and went straight to my exchange dashboard. I’m so tired of this. I don’t care if the allegations are 100% true or just another hit piece, I’m just a retail guy who doesn’t want my funds caught in the crossfire of a legal war between a CEX and a global regulator. We’ve seen this movie before. Headlines lead to FUD, FUD leads to a bank run, and suddenly the 'withdraw' button is just a decoration. If the biggest player in the game is constantly under the microscope, staying 100% on one platform is just asking for a bad time. My 'Emergency Exit' logic (what I actually did today): 1. Cold storage for the 'untouchables.' Anything I’m not trading this week is off the grid. Period. 2. Stop being a CEX loyalist. I finally stopped being lazy and split my active trading bags. I set up a secondary venue on BYDFi today. Honestly, what sold me was how seriously they treat asset segregation. They partnered with Ledger for cold storage and have a dedicated 800 BTC protection fund sitting there. If I’m going to keep liquidity on an exchange while the market is melting down, I want a 'Plan B' platform that actively proves user funds are isolated and backed by a real safety net, rather than a CEO just tweeting 'funds are safu'. Maybe I’m overreacting, but I’d rather have five different accounts and a cold wallet than be the guy crying on a subreddit because my only exit ramp got frozen by a surprise court order. How are you guys moving? Are you sticking with the 'Big Names' despite the headlines, or are you diversifying? *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.*

CaptainK718

Hello. I’m the analyst that predicted the end of Crypto Winter. My 2026 prediction is that we may see BTC increase in value unless it doesn’t. Then it’ll go down. Or maybe sideways. Or it’ll do that bouncy thing…maybe. You’re welcome.

septhaka

depends on what percentage of your net worth is tied up in your 401k and how the non-401k net worth is deployed. If its less 25% and the other 75% is in things like real estate and other hard assets then maybe you can YOLO a bit with your 401k. But if its a sizable chunk of your net worth deploying it in BTC isn't a great idea.

OpticallyMosache

I had a goal amount of BTC I wanted to keep forever. That's in cold storage. Then I had Bitcoin in excess of the goal that I wanted to sell into a high. I also stopped buying BTC when it crossed $60k on the way up. Overall, I was up about 3-400% and said that was good enough. Plus, I wanted to quit my job and not have the stress of having another job lined up. But here's where I've learned to not celebrate early. It may seem like I made a good decision but when BTC is at $250k, I'll never have re-accumulated the amount I once had. So, if I didn't have a specific reason or need for those funds - I probably wouldn't have sold. I've been rebuying recently but doing it through IBIT in my Roth and traditional IRAs. It will be pretty cool if I happen to be loading up at or near the low. However, I sold about .70 BTC and I've only re-accumulated the equivalent to 0.25 in my IRAs. It is almost certainly going to best to just accumulate until BTC is at $1M one day. Selling BTC actually feels sad. Not celebratory.

Time_after_Time_67

Honestly you should do research in the r/dividends sub and turn that $800k into monthly income to live off of. There are some dividend paying BTC funds but diversification into stocks as well might be best.

desertroot

If you're asking us, then you have no conviction in BTC! I mean, what could go wrong?

Nice_Class_1002

No. Only invest what you can afford to lose. Dumping it in BTC is of course potentially very high reward but equally high risk. You're effectively gambling with your retirement.

ir88ed

Hey. 55M Midwest here. I like diversity, and view BTC and the ETF's a big part of that. My biggest concern is the devaluation/inflation of the dollar. "7% gains" are just feeling good about standing still. I have maintained significant portions in market index funds (FXAIX/FNCMX/etc), but I do maintain a significant portion in IBIT, especially in my Roth accounts. So, I didn't elect to "dump it all in", but have picked a target percentage based on my overall strategy and allocated my holdings accordingly. This is going to continue to be a wild ride, so you have to have the stomach for it. If you tell anyone, they will hate you when it is winning and laugh at you when it's down.

Ryytter

You will recover man. I lost 0,5 BTC in 2017. Today my net worth is less than 0,5 BTC. It really sucked. Lots of sleepless knights, but it does get better. Please reach out if you need someone to talk to do. Don't harm yourself ♥️

Mario_GoD18

Mining profitability is basically a function of BTC price lag vs difficulty adjustment. Price moves first, difficulty reacts later. That gap is where the real opportunity — or pain — happens.

Langstudd

So you're crazy/ desperate enough to withdrawal their entire 401k early, but wouldn't be tempted to sell if BTC drops? Be realistic with yourself man

Ryytter

Yeah I hope you get the coins back man 🙏 But it is truly a shit situation. I don't know anything about bitcoin.com or whatever but it's best to assume the worst and do everything as soon as possible to fix it. I lost 0,5 BTC back in 2017 to some dumb website with no withdrawal button 😆 My net worth today is less than 0,5 BTC. So that really sucked. You learn grow for it but it can be very painful 😬

Ok_Football7083

That’s not a metric- currently people don’t “want” BTC as the price is going down. It could go back up but what metric is used to support that view? Again- his statement is ambiguous and has no meaning.

Langstudd

Why not just invest in a BTC fund through your 401k? If not currently available, it probably will be within a year. Not worth all the withdrawal fees IMO.

Globaller

If you're going to invest in BTC, this is a pretty good valuation to jump in at. Maybe not all $800K. Maybe $250K and you can turn that into a million over a few years while still having the rest in more conservative/traditional assets.

d1gbickbrett

Ignore my input, I thought you wanted to own the BTC

Comfortable_Pay_9697

If you don’t and BTC hits a million you’re gonna feel like a big dummy

gothflyboi

Wouldn't you be taxed to hell pulling all of it out the 401k? And then taxed again should BTC skyrocket and you cash in? You'll end up with a fraction

NankerPhelgeRahrig

IBIT is way better. Much more liquid and you can sell weekly covered calls on IBIT to generate meaningful income. The other BTC ETF do not have the options liquidity to let you sell for income. Go with IBIT.

RedReadRedditor

You have to be able to stomach the volatility. Let’s say your entire 401k balance drops 50% in the next 2 months. You ok with that? Can you sleep at night? Personally I’ve never wanted to be >50% in BTC because I just wouldn’t sleep with the volatility.

LuckyLoveDK

I buy a little monthly but mostly in crypto - I get my BTC from a mining app (only found one actually worth it) - until I withdraw they recently added a btc interest that is updated every 4hours - I withdraw to cold wallet every quarter or so - never had issues and ensures I get BTC daily 🤔and don’t have to wonder, just a daily check in to keep fees at minimum.

crispykfc

Look at the GBTC/SPX chart (using GBTC because it has data going farther back than FBTC). Looks like the SPX is going to outperform BTC for awhile. If you're set on putting it into FBTC, I'd wait until the risk to reward is more appealing.

d1gbickbrett

Withdrawing $800k is a taxable event which pushes you into the highest tax bracket. You would end up paying $296k in taxes from the total $800k. With an additional $80k due for early withdrawal tax penalty. So essentially you would turn $800k into $400k of BTC. Just straight up brain dead even if you are a huge BTC believer

Asleep_Emphasis69

$50K into 2X leverage BTC ETF and only check once every 5 years would be my advice

woolh

At the end of the day, it’s speculative. It never makes sense to bet on one horse. I DCA BTC weekly, but would never liquidate my other investments and buy BTC on the feeling of it being bullish.

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Post is by: waymakerr and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1rekgim/is_the_cex_stress_cycle_getting_shorter_another/ I didn't even finish reading the whole Guardian piece this morning. I got halfway through the part about $1.7B linked to Iran-backed groups and I just closed the tab and went straight to my exchange dashboard. I’m so tired of this. I don’t care if the allegations are 100% true or just another hit piece, I’m just a retail guy who doesn’t want my funds caught in the crossfire of a legal war between a CEX and a global regulator. We’ve seen this movie before. Headlines lead to FUD, FUD leads to a bank run, and suddenly the 'withdraw' button is just a decoration. If the biggest player in the game is constantly under the microscope, staying 100% on one platform is just asking for a bad time. My 'Emergency Exit' logic (what I actually did today): 1. Cold storage for the 'untouchables.' Anything I’m not trading this week is off the grid. Period. 2. Stop being a CEX loyalist. I finally stopped being lazy and split my active trading bags. I set up a secondary venue on BYDFi today. Honestly, what sold me was how seriously they treat asset segregation. They partnered with Ledger for cold storage and have a dedicated 800 BTC protection fund sitting there. If I’m going to keep liquidity on an exchange while the market is melting down, I want a 'Plan B' platform that actively proves user funds are isolated and backed by a real safety net, rather than a CEO just tweeting 'funds are safu'. Maybe I’m overreacting, but I’d rather have five different accounts and a cold wallet than be the guy crying on a subreddit because my only exit ramp got frozen by a surprise court order. How are you guys moving? Are you sticking with the 'Big Names' despite the headlines, or are you diversifying? *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.*

Express-Economist-86

Doubling money is cool, I’ve done it with BTC before, years ago. Had I waited through dips instead of selling and blowing it, I’d be super rich now. Meanwhile, my house doubled in dollar price, but my dollar has lost 30% of its purchasing power in the same time frame. My house prices in Bitcoin terms went from about 15 to 5. The price of realty went down compared to Bitcoin. I’ve learned, now I mine - I get a little every day. Money is sunk on the machines. For perspective, if Bitcoin could be divided evenly to every individual in the world, that’s only 0.0026 BTC per person or 260,000 satoshi, roughly $178 at the time I write this. Not to mention however countless ones are lost…. There’s only so many, so when you go to sell, don’t be like me. Look at how much your dollar was worth when you bought to then.

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Post is by: JumpyBend8035 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1reka5r/is_the_cex_stress_cycle_getting_shorter_another/ I didn't even finish reading the whole Guardian piece this morning. I got halfway through the part about $1.7B linked to Iran-backed groups and I just closed the tab and went straight to my exchange dashboard. I’m so tired of this. I don’t care if the allegations are 100% true or just another hit piece, I’m just a retail guy who doesn’t want my funds caught in the crossfire of a legal war between a CEX and a global regulator. We’ve seen this movie before. Headlines lead to FUD, FUD leads to a bank run, and suddenly the 'withdraw' button is just a decoration. If the biggest player in the game is constantly under the microscope, staying 100% on one platform is just asking for a bad time. My 'Emergency Exit' logic (what I actually did today): 1. Cold storage for the 'untouchables.' Anything I’m not trading this week is off the grid. Period. 2. Stop being a CEX loyalist. I finally stopped being lazy and split my active trading bags. I set up a secondary venue on BYDFi today. Honestly, what sold me was how seriously they treat asset segregation. They partnered with Ledger for cold storage and have a dedicated 800 BTC protection fund sitting there. If I’m going to keep liquidity on an exchange while the market is melting down, I want a 'Plan B' platform that actively proves user funds are isolated and backed by a real safety net, rather than a CEO just tweeting 'funds are safu'. Maybe I’m overreacting, but I’d rather have five different accounts and a cold wallet than be the guy crying on a subreddit because my only exit ramp got frozen by a surprise court order. How are you guys moving? Are you sticking with the 'Big Names' despite the headlines, or are you diversifying? *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.*

BlackDog990

>However, this last year or so has shown us that BTC is not a store of value or a hedge on the dollar/equities. I don't think it's fair to say definitively that BTC isn't a store of value. Just because traders aren't treating it like that today doesn't mean it inherently isn't that thing. I think "the cycle" is mostly just self-perpetuating at this point, as there is little technical reason for it anymore. Traders expected a big drop because supposedly we were due for one, so they ultimately caused a big drop because they sold at the first sign of trouble/stalled bull market. This doesn't mean BTC intrinsically is or isn't something though, its just what traders are doing today. >now that major financial institutions are already got into the crypto there is no new huge source of money to enter the market. To be clear, a few big institutions have made BTC etf's available to people. Alot of the ETF inflows were people already in the space, but would rather move their holdings to the rest of their portfolio, often in tax-advantaged accounts. Few institutions have put their money in yet, and alot of big players likely were waiting for a good entry point and didn't want to jump in at ATH. If Im a wealthy person without exposure to BTC, the proposition of jumping in after a big draw down has already flushed through is alot more enticing that buying in at an ATH price that has only held a few months/weeks. Also note a bunch of other institutions are still slated to release their own products for their clients, so alot more is in the works. All this is to say, "no new source of money" isnt really accurate. In fact it's far from the truth.

BlazingPalm

Hyperbitcoinization is happening before our eyes IMO. Probably one of the most common remarks here is “zoom out” for a reason: This asset class is still a baby! Also, forget about Alts, BTC IS the class. BTC has been around for ~16 years now, not counting it’s very early days. Market Cap is outrageous for something so new. Anybody ever hear the phrase, “power is not given, it is taken”? The power that govts and banks and fiat wield over the global population is immense and unyielding. There has not been an easy light switch moment because of the power and wealth struggle going on right now and it’s still heating up. So, month to month, crazy shit happens in finance, war, politics, policy. But year to year and eventually, decade to decade, the trend is clear. It doesn’t seem like a straight line up, but it kinda is.

No_Dog9530

When are we truly going to be seeing $60K BTC?

No_Dog9530

But Reddit told me we are going to see $50K BTC. When is that going to happen ?

cleantromba

I’ve already contacted their support team weeks ago when they first closed it and my appeal was denied. Still no logical explanation and why is my BTC being held hostage?

Oflameo

What does every millionaire in the USA have in common other than having 1 Mega USD and not having 1 BTC?

roboboom

Let’s say you have $100k to invest. At $70k BTC you can buy 1.42 BTC. At $100k BTC you buy 1. So you have 40% more BTC for the same $ investment if you buy low. That’s what they were saying by increasing holdings.

Explore_Life2334

Isn’t this the whole point of investing in BTC and investing in general? Why do you make it sound like a question few people like you is asking while you still consider yourself a newbie!

andys811

What country is this? In UK where I'm from, you pay CGT on the profit each time you make a disposal, disposal counts whether it's from BTC to USDC, BTC to ETH, BTC to GBP, it doesn't matter it all counts

d1rtball

I’m fine with holding on to it indefinitely. I have been saving money lately and it has just been sitting in my checking account. I only used a fraction of my savings on this BTC purchase, so I don’t really need the money for anything foreseeably. If I end up holding it for 4 years. That’s fine as long as I make a decent return.

akmeil

Yeah, and on top of that, if I do convert BTC to fiat but then buy BTC again within the same year, I don’t have to pay taxes, because the fiat profit is calculated on a yearly basis.

akmeil

If you sell 1 BTC at 100k and buy back az 70k, you will have 1,42857142 BTC, minus the fees.

akmeil

Yes, you are right, it depends on the country. Copy from above: In my country, if you don’t convert crypto to fiat, you don’t have to pay taxes. That’s exactly what stablecoins can be used for. They’re not fiat, but they’re fixed to fiat, but not subject of the tax. Then there are countries where you still have to pay taxes on your theoretical profit even if you stay in BTC the whole time.

akmeil

It depends on the country. In my country, if you don’t convert crypto to fiat, you don’t have to pay taxes. That’s exactly what stablecoins can be used for. They’re not fiat, but they’re fixed to fiat. Then there are countries where you still have to pay taxes on your theoretical profit even if you stay in BTC the whole time.

dankyank218

I set up my VA disability pay to direct deposit as BTC on Cash App. Get to DCA 12 months a year with no fees or crazy spreads. Can't think of any cheaper, more efficient way to stack sats. Feels good.

InfinityKaeron

1 BTC is a good financial safety net. It's like owning a glowing digital appreciating asset that I will keep forever and no one sees it or know that I own anything unless I tell them in which case they will flip out and go nuts with envy when they find out because by then it will be worth several mansions except that I don't use to buy mansion because I would only put it as collateral to borrow money to buy mansion and still keep my BTC and slowly amortized my mansion with trashy cash so that I hold both mansion and BTC etc...

brad1651

When did BTC crash? I haven't noticed any downtime or failed blocks.

ReceptionSmall9941

Illicit use exists, but on-chain studies consistently show it is a minority of volume and not the main driver of BTC demand. Most price support comes from speculation, macro hedging narratives, and now institutional allocation flows.

Sea_Procedure_3471

Check out the recent news about Jane Street and its connections to 10/10 and the manipulation of BTC/Crypto.  Could be all smoke but somebody opened a lawsuit against them in the last 24hours. 

Willing_Gas7868

I like this. Most people come in chasing quick gains, but BTC really ends up teaching patience and risk control more than anything. The “collector mindset” hits different once you stop obsessing over price and start thinking long term

gianfc2001

This guy is about to find out how BTC treats newbies like him

absurdcriminality

Did Bitcoin lose them or did they lose BTC?

Sea_Procedure_3471

Once boomers, Gen X die off, and Millennials and Gen Z are old farts like our parents were. These kids don’t know what a life is without technology. Very few of them will actually have seen cash transactions.  My guess is fiat will cease to exist. Everything will be running on stablecoins. BTC? It maybe dead by then. But the other coins, the ones with blockchains that hold stable coins will still be there.  Days of physical maybe behind us in the next 30 years. Who knows. I can only speculate. 

Desperate_Jacket_876

oh boy oh boy oh boy. lots of people here needing BTC to drop below 60k so that they can feel justified in selling the bottom a couple of weeks ago. COPE time!

cleantromba

I’ve had the account for 4 years and have purchased BTC regularly. So why KYC now?

Glittering_Fact5556

The key term here is allocation, not your average price. If you’ve capped Bitcoin at 5% of your portfolio, the practical move is sticking to that rule instead of reacting to the price. One caveat is volatility is normal with BTC, so only keep what you can tolerate swinging without it affecting your sleep.

tardisious

I do own one BTC. Had it since 2011. waiting for one million. Anything less would not be life changing

Zaitobu

It's not surprising really, but it's mad how closely the sentiment in here follows the BTC chart. Or to put it in crypto bro parlance: Lotta MFs in here aping with emotion and gonna end up rekt.

ThreeTonChonker

You could’ve gotten BTC for $7k in 2020. Now the world is ending because it’s $65k. Paper hands are panicking because they can’t zoom out, institutions and people with money are buying because they (perhaps rightfully) think that retail are panicky morons.

JCFT_Collins

Are you sure about that? I am not trying to correct you, I'm just curious. One year I swapped BTC to USDT and then back on the same day, I had a "realized" gain in bitcoin once i swapped, and it was on my 1099 from cointracker. Is USDC different than USDT as far as tax purposes?

ReceptionSmall9941

Not smooth-brained, but treat it like a tool not a magic trader: start tiny, define strict risk limits, and compare it against a simple benchmark (like DCA BTC/ETH) over a few months. Most AI agents still fail in regime shifts, so your risk controls matter more than the model name.

DC8008008

first day following BTC?

Blueberry_Dependent

Forget about fundamental and look what's happening in the world - Basically nothing major in order to crash Bitcoin 50%. For the first time in many years banks have interest in crypto and Bitcoin yet price down, fear index at all time low. Basically now people are more scared than during Covid or FTX collapse which doesn't make sense at all. Everything is a F joke of manipulation for the poor people so they sell whatever breadcrumbs of BTC they have on a low price 

thetransportedman

There is no practical difference between 0.99 BTC and 1.00 BTC. Seeing this thread often talk about the need to have a whole BTC makes no sense and seems to just show casual enthusiasts don't understand BTC

Alfador8

This is normal BTC price action. 

akmeil

If you sell 1 BTC at 100k and buy back az 70k, you will have 1,42857142 BTC, minus the fees. You are right, it is not 40%. It is almost 43%. If you sell BTC for USDC, you don't have to pay tax.

Texi_Ken

Are they talking about the BTC conference from last year? That is old news.

MrKillerKiller_

Ive traded bitcoin for 11 years. I have a 68% WR. I made 1.8 BTC profit this cycle. I use EW and charts only. Never look at any metrics or news or hype or anything other than charts. Maybe Im just lucky for 11 years i guess.

crazy_lolipopp

Holy fuck BTC is going insane!!!!!!!

coinfeeds-bot

tldr; Michael Saylor's Strategy has moved 1,300 BTC, worth approximately $83 million, in an internal reorganization, marking its first wallet activity in two months. The transfer is not indicative of a sale, as Strategy continues its Bitcoin accumulation strategy, recently purchasing 592 BTC. Despite unrealized losses exceeding $9 billion, Strategy remains the largest corporate Bitcoin holder with 717,722 BTC. Saylor has reiterated the firm’s commitment to holding Bitcoin, even if its price drops significantly. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Texi_Ken

Maybe it would be a good thing if BTC stopped being a good "investment". It can just be what it was meant to be.