BTC

Reach_Beyond

All my “crypto” assets I shifted to stablecoins from 2024-2025. I am 100% back invested. 61-64k BTC, and 1.8-2.2k ETH. Didn’t get the bottom but didn’t want to chance missing the bottom. What do you think the bottom will be. If we hit a bad total stock recession maybe they go down significantly from here. Other than that I think we hit bottom or near bottom already

Bitcoin_First

What you are describing is leverage with extra steps. Borrowing against BTC to buy BTC means a price drop hits you twice. Your collateral falls, and the coins you bought fall with it. Quick numbers at today's price. 1 BTC at 64k, you borrow 19k (30% LTV) and buy 0.3 more. You now move like 1.3 BTC but the debt stays 19k. A 50% drawdown puts BTC at 32k. Your stack is worth roughly 42k, you still owe 19k and the LTV on your collateral just went from 30% to 60%. Most lenders send the margin call around 70%. One more red week and their system sells your coins at the bottom. Liquidation always happens at the worst price. This is by design, not bad luck. Also check whether the lender rehypothecates collateral. If they re-lend your coins and blow up, your BTC is gone even if you never missed a payment (Celsius example in 2022..) Your gut already told you the answer. Borrowing against BTC at low LTV for a house or a business can make sense. Borrowing to buy more BTC is the one version where the honest answer is usually don't. Hope this helps 🫡

Klutzy-Sea-4857

With a 25-year investment horizon, consider allocating 5-10% of your portfolio to BTC and holding it long term. If it performs well, you benefit significantly. If it does not, your blue-chip investments will carry the portfolio. This is a solid strategy for risk-averse investors.

tenor_tymir

We’re not early. Nation states are openly investing in BTC, a pro-BTC legislation is going into review and the USA is maintaining an official BTC national reserve. How can this be early? Early was 10 years ago.

No-Masterpiece2246

lol BTC code is shit, weird old functional programming with outdated 90s libraries. The transport protocol was plaintext until recently.

GoalRoad

So to double his money say in 10 years, he would need BTC to be at maybe $175k-ish. Doesn’t seem unreasonable

Quick-Scientist-3187

My TEMU 🔮 is saying Nov/Dec. The perfect time to fück with peoples budgets. BTC or Christmas presents. 🤯😡 This is why I DCA🤟🏻

No-Masterpiece2246

ETFs don't buy memes and DeFi. They only buy BTC/ETH/SOL.

nerdburg

You don't lose anything until you sell. Now is the time to buy more, not sell. BTC is infamously volatile, so any predictions you hear about it's future value are just speculation.

Careful_Silver1045

I am with you. Same story. Quit 10 years ago to move from great paying large corporate to a start up. First significant cash out last year. 75% in ETF, 25% in BTC. Enough to support my 3 kids through university. Could already FIRE (not due to BTC though ;-)). Nonetheless, i strongly believe that my 25% BTC will outperform my ETFs in the long run.

mllewisyolo

BTC fell from 125k to 60k in nine months. 2022 it went from 66k to like 16k. Good luck with that.. If I were you I'd work on my risk management skills a bit.

DV_Zero_One

I don't know too much about crypto but I work (as a FX and rate swaps trader) at an institution that has a dedicated Crypto desk. They have made some great calls on BTC in the 5 years since the desk was integrated. They are saying that the BTC price will halve again in the next 2 years. (After correctly guessing it would quickly halve from its tops : albeit 10k too early)

YOLO911911

I’ve been buying google for 21 yrs now and it ended up being a good move. Google may win the AI race and their E/P ratio is still good. I also bought Rivian… and bitting my nails for it but I’m always hopeful Rivian will recover one day… is BTC more like google or Rivian?

YOLO911911

Try using the tipranks website to decide where to invest. They have free stock analysts summaries for 4 stocks each time you visit. Google had an 87% return in the last 12 months. It may be high but the E/P ratio is still decent. BTC has not revenues… hard to justify a projected growth once you saturated the market of possible buyers as growth only relied on demand to offer dynamics…

Inevitable-Cat869

Do you personally see a clear future trajectory for BTC? If yes, invest. If no, don't. I started investing in it, because my friend kept constantly pitching it. But after thinking about it, I realized I don't really see the same narrative/vision so I stopped. It makes me sleep better at night because I followed what I personally thought.

YOLO911911

A friend in investment banking said BTC will tank further overtime as people realize the investment/BTC does not generate any intrinsic financial returns. The fundamentals are weak compared to stocks. But at the same time stocks can also tank with geopolitical turmoils we are getting on the world stage…

Big-Finding2976

The only point I disagree with is 5. The threat may be a few years away but so are the solutions. With BTC there hasn't even been a decision made about which upgrade proposal should be implemented, let alone a timeline for doing so. With ETH the roadmap targets full protection by 2029 but it could take longer, bearing in mind that every bridge, L2, DEX, etc. is vulnerable. Solana doesn't even intend to upgrade yet and just says it has a plan to do so if quantum becomes a "credible threat". There are chains like QRL that have been designed to be quantum-proof from day 1, without any vulnerable legacy systems that need to be updated or migrated away from, and with the upcoming Zond upgrade it will be EVM-compatible so it could become a competitor to those vulnerable chains. There are also other L1s being developed that can run nodes on cheap computers with the ability to scale and process very high TPS without needing to use any L2s, so they won't have the difficulties that ETH faces with its upgrade.

FitCompetition1804

I’ve been in this market since 2026 and the only thing I feel in the air is smoke from Canada wildfires and another BTC dump later within the next 1-4 months before we are out of this bear market.

jgarcya

BTC = 64,000 then .1 = $6,400. BTC=125,000 then .1 = $12,500 BTC = $250,000 then .1 = $25,000 BTC= $500,000 then .1 = $50,000 BTC =$1,000,000 then .1 = $100,000. Is this enough? Ten years is two and a half four year cycles... If the new Ath is hit this cycle we'll see BTC at $200,000+ Next cycle might be $250,000 Ath. So I can't see $25,000 as life changing money.

omni_wisdumb

You clearly aren't around the Internet enough. People throw around dumb figures like $10M BTC because it will "become the currency of the world". At this point the odds of it even doing a 10x is highly unlikely in the next 10 years, and there are far better investments opportunities. Not saying don't invest, but to liquidate all your money and go all in into just BTC is peak stupidity. You can say that about any single investment.

quintavious_danilo

Yes, why not start DCA and never give it up again, you’ll exceed 0.1BTC in a few years. More is ~~not~~ always better.

Deus_Desuper

Pretty childish mentality. Bitcoin is supposed to be currency right. So you buy things with it. So if you sell some...to buy something.. mission accomplished. Also, BTC has different meaning for each person. A lot of people literally see it as a stock to make money from. Others see it as a end all be all to corruption of money. You don't get to define someone else's use for something they bought. 🤷‍♂️

Cortisol_Spike

Why don't wait until BTC reaches $30k..? Then you would have gotten 3 whole coins for your fiat money.

jaimewarlock

A lot of people like Kraken, but it has a ton of red flags. They are not only replaying all the events that occurred at FTX & Mt. Gox before they went bankrupt, but showing even more additional red flags. \- Payouts to prominent politicians. This is preparation for upcoming legal troubles. In the past small companies like Mt. Gox never did this, but crypto is getting big money now, and it is standard procedure to donate money to your favorite politician before going belly up. We saw it with FTX. \- Delays on deposits. After you manage to get past the canned AI responses to a real human, they have to escalate the issue. Deposits that use to take about an hour, now take a couple days. Note this is unrelated to their recent security issue which involved fiat transfers from banks that weren't completely finalized. As for crypto, even their BTC deposits required multiple confirmations, so this was never an issue. Their fiat security issues are just being used as a smoke screen for their failure to credit crypto deposits. \- Delays on crediting your account. Even after they confirm your deposit, it doesn't show in you account wallet. Once again, you have to jump through hoops to talk to a real human. After that, it takes several days to get credited. \- Random cancellations of accounts. This is huge. Hundreds per day. Recently, a lot of people have been complaining about their account being closed for no good reason. Of course, I don't know their circumstances. However, I do know mine. I went through their KYC, which was by far the most stringent I have ever done. I only own untainted coins bought from major exchanges. I only used Kraken for selling coins to get fiat in my bank account. I never used a VPN and could verify my IP address with my local ISP. I have never lived in or traveled to a banned country on their list. There could be no valid reason to close my account. Apparently, I am not alone in this. They are deleted now, but when I went to their Reddit thread a few weeks ago, I saw dozens of posts by people with the same complaints. \- Gas lighting customers. This is the message they send when they close accounts: "Unfortunately, we must inform you that we will be closing your Kraken account. For security purposes, we cannot disclose the reason for this action". Basically, they say you were bad, but they won't tell you why. They do this to everyone, not just a few special cases. \- Attempting to Destroy Evidence. After they closed my account, I received the following message "To protect your personal information, we ask that you delete this email thread". Note that the email thread did not include any information that they didn't already have or wasn't already available from multiple sources. The only possible motive was to avoid a paper trail showing that they were acting in bad faith. No other exchange has ever done this, but I have witnessed this behavior on several occasion by people with malicious motives. I consider it to be a red flag. I have been majorly involved in cryptocurrency since 2013. I have witnessed multiple companies go bankrupt. And in every case, before they went bankrupt, they showed at least two of the above red flags. Kraken is showing them all.

North_Dog_5748

Well, my (SMH) semis could bounce back anytime, and I think I'll be very firm again (BTC) by 2029 so just gotta give it a little while, lol

btc9611

AS YOU ARE IN INDIA, HOW ARE YOU PLANNING TO WITHDRAW THIS AMOUNT WITHOUT PAYING TAX? AND WHERE HAVE YOU STORED THESE COINS? ON THE EXCHANGE OR A HARD WALLET? WHATS THE BEST WAY TO STORE AND STAY SECURE THIS MUCH AMOUNT OF BTC? Because I also want to invest a lumpsum into, I don't know where to store it safely. And what's the best way to evade the 30%

katamarijuana

Key metrics I personally track. **- BTC/USD w/ 200-Week Moving Average** Shows long-term fair value. Price above = overvalued. Price below = undervalued. [Link](https://www.coinglass.com/pro/i/200WMA) **- U.S. Dollar Index (DXY)** Bitcoin tends to move opposite the dollar. Falling DXY = bullish for BTC. Rising DXY = bearish. [Link](https://www.tradingview.com/chart/?symbol=TVC%3ADXY) **- MVRV Z-Score** Market Value / Realized Value Shows if BTC is historically overvalued or undervalued. Above 7 = potential top (overheated) Below 0 = undervalued (strong buying opportunity) [Link](https://charts.bitbo.io/mvrv-z-score/) There's a few others like Bitcoin Dominance and Dormancy Flow that may be useful to you. I don't like looking up each metric every time I want an update, so I've used Grok to get live values. It cant get on chain data but some data is available. You can verify yourself using different resources. I then take the Grok response and then copy/paste into a Claude chat that helps me process it in a short consumable format.

536565454

People buying BTC treat it only as store of value, not utility.

omni_wisdumb

You did not invest 11yrs ago. If you did, you would not be giving people this advice. I was active with BTC as early as 2012, I don't go around telling anyone they should put their love savings into it now. It is mathematically impossible for it to go up by the same magnitude now as it did since the beginning.

infernal_celery

This is a sensible plan disguised as a high-risk plan. Debt free, has pension, has a cash buffer.  So yeah it seems reasonable to go hard on BTC with non-pension income. Your downside risk is well protected. Worst case, Bitcoin fails and you just had an expensive hobby but you still have your shit together by conventional standards. 

burnheartmusic

Why would you put all of your money on one single bet? I’ve made far more money from having it spread across multiple things. Hell, NVIDIA investment of about 3k I made is worth 150k now, while my bitcoin is up maybe just double. It’s not entirely a crazy thing to do given that BTC seems to be getting smaller and smaller volatility swings, but that also means that the 10x you’re hoping for is much less likely to happen

Expensive_Seat5694

This is just the mentality and the reason why Bitcoin is so divisive. It’s either you believe in it or you don’t. There is no middle ground. Those that believe believe. Those that do not hate on it. The age old saying of only time will tell holds true. Seeing that BTC is now over a decade old there is no point to argue with people. It’s a waste of time

Narf234

I doubt many people want to trade their bitcoin for cash. They want to trade it for things like houses or other assets that might improve their quality of life. I’d love to go from BTC to other assets directly but until I’m able to, cash will be the intermediary.

ujohanne

I'm one of those "retards" doing something similar, although not exactly the same. My average buy price is $60k. The difference is that I actually have a target: $140k per BTC. At that point, I plan to cash out completely. That would double my standard of living until I retire. My maximum timeline is 11 years, so I'll have to sell by then. Assuming there's no major financial crisis, I think this will likely work out.

Monobluemagic

You can use BTC as collateral to loan USD and pay 1% interest/year

Excellent-Advice-948

You asked for both sides, so here's an honest why-yes / why-not on skipping BTC/ETH: Why it can make sense: BTC and ETH are the largest, so they have the least room left to multiply. If you're specifically chasing higher upside and you've accepted the higher risk, a basket of quality large-cap alts is a legitimate high-beta bet — you're knowingly trading safety for a bigger potential swing. Why most people shouldn't: BTC/ETH aren't just "boring older coins," they're the risk anchor. In basically every downturn, alts fall harder and recover slower (or never), while BTC is what the whole market is priced against. A 100% alt portfolio is essentially a leveraged bet on "alt season" happening AND you being in the right ones — and the graveyard of "solid utility alts" from past cycles is huge. Ten alts feels diversified, but if they're all high-beta they mostly move together, so it's less diversified than it looks — one concentrated "risk-on" bet spread across ten tickers. The honest middle: most people who run all-alt long term end up wishing they'd kept a BTC/ETH core (say 50-60%) as ballast, with the alts as the satellite/lottery portion. It caps the downside when a cycle turns without giving up the alt upside. Not telling you you're wrong — if you've sized it as money you can afford to lose and you're clear-eyed that it's a high-risk bet, that's a valid choice. Just don't mistake "ten alts" for "diversified"; it's one bet with ten names. (Honestly, that "one of us gets lucky or we're both idiots" reply is the most accurate take in the thread.)

Arpitbuilds

I would DCA. I don't think BTC has bottomed this cycle yet. No one can catch the exact bottom, but I'd keep buying all the way from $50k down to $30k

RuchNZ

This is actually stupid, you could at least put half of that into bitcoin if you are super convicted on it then the other half into something like VT for at least some guaranteed long term wealth, you'd still make loads if BTC rips.

_RonPaulWasRight_

Dumbass. Never, EVER take loans to buy BTC. That's called leverage, and you could lose your Bitcoin. You'll learn the hard way, I predict.

Internet_is_tough

I'd be confortable going 100% + 100% on margin on BTC right now.

Doritos707

Muun for BTC/Lightning. Xverse for smart BTC layers. SafePal and OKX for everything else (Ethereum, Solana etc...). Ledger or Trezor for the privacy or niche coins

Anonimo1sdfg

Take a look ti the ETFs x2 of BTC like BITU, is like you can buy it with exposite of x2 of your money without taking a loan.

Anonimo1sdfg

En lo personal prefiero diversificar, un solo activo es muy arriesgado. Por otro lado te recomiendo seguir invortiendo con DCA porque en unos meses mas empezará a subir desde el minimo del ciclo. Probablemente veas resultado en 2-3 años donde te recomiendo que vendas un poco. Ademas si quieres subir aun mas la apuesta o simplemente pagar el préstamo y asumir el mismo riesgo hechale un ojo a los ETFs apalancados de BTC como BITU que al final es como si invirtieras lo mismo pero x2 sin pedir préstamo (investigalo bajo tu propio riesgo)

spencerspage

Btc is a money trade. When you time the market, you’re planning to expand your bitcoin holdings, pay taxes on the gains of selling, and come out on top while parting with the coins you have. Are you certain that you can always time the market and buy lower in the future? I’m accumulating BTC with the recognition that my bag is on the side of the fence where cash does not have power. More times I toss back over the fence from BTC into cash, higher chances the bag will fumble.

North-Exchange5899

A lot of beginners start with BTC and ETH while they learn. There's no rush to diversify..but i stuck with RYO and ALtcoin

iz_raymond

BTC can't go to zero, but your portfolio definitely can.

litmultimillionaire

Yes 10% is very reasonable For me 70% VTSAX 20% VBTLX 10% BTC with quarterly rebalancing, just gives a smoother overall return instead of all in on stocks or all in on bitcoin, but If its an investment I dont need to touch for 5 years or more then Btc is definitely looking very very cheap right now… at 64k

GoodMorning_folks

This type of investment is exactly why governments think they need to take care of their citizens retirement—because the citizens are not good at investing for their future. Wow. So as soon as ai proves the bitchain was in fact hack-able, what then? Also, what did you buy? Who backs it? Nobody. Maybe MSTR micro strategy is looking for this kind of enthusiasm and you can get a nice gig there. But Michael S at micro strategy did have to sell a few billion BTC just to stay solvent as a company.

jeche25

Just getting started now with initial $500 and monthly DCA of $100. So for every person who seems to be getting tired of BTC, new ones arrive enthusiastically like me.

Chessgenious

The bad move would be selling the appreciating asset (BTC) to buy a depreciating asset (bike).

Valuable_Tennis6847

Happy to see a lot of bashing here. BTC investors are usually among the worst possible “investors” out there. I agree that BTC might succeed, but it might not even happen within our lifetime.

Hijjawi

Grid bot trading ETH or BTC.. atleast you will generate some profit.. just dont future bot trade..

Impressive_Pilot8415

I’m in my late 40s 3 young kids.. I allocate >75% of investing funds to BTC. My retirement fund (superannuation) is mostly S&P500. I don’t allocate to stocks or index funds outside of superannuation. Reasoning - I believe we will continue to have 4 year BTC cycles another 2-3 times before the volatility flattens out & BTC is more mainstream. I want to take advantage of low BTC price for next 10+ years while adoption grows. If I’m wrong I have super to fall back on.. if I’m right I won’t need my super and I wont have to wait until retirement age to be financially independent & quit work early 😎

L4gsp1k3

I'm not assuming anything. If you think that BTC magically becomes 1mill usd worth in 2030. Then you clearly don't know how it works. Nothing magically becomes more valuable without more liquidity.

Hijjawi

Dont listen to the negative people.. they are negative because they cant commit or do what you did.. i would do the same if I have a way i can put 100k into BTC without burdening ny financial balance.. every loser who talked against btc doesnt see how things move ESPECIALLY for btc.. best of luck bro..

Astropin

I'm 59 and have a MUCH higher percentage (over 50%) in BTC and I am not joking.

MarioWilson122

There likely will never be another crypto with BTC's performance, so it's best to get that out of your head. Maybe you can find ones that go up a great deal, like plays such as ETH, XRP, and SOL did. Even finding that is hard, let alone finding the next BTC.

dmoneybangbang

So people actually use BTC to as currency?

DanNotTheMann

If you're buying Bitcoin to eventually sell it for more fiat, you're not a Bitcoiner, you're a speculator. True Bitcoiners don't buy Bitcoin to get more fiat money. They buy it because they understand what money is. They buy it for sovereignty over their wealth, protection from inflation, resistance to confiscation and censorship, financial freedom, property rights, portability across borders, predictable scarcity, and independence from governments and banks. BTC isn't about accumulating more fiat. BTC is about escaping needing it.

KREIJO

With the s&p 500 at insane all time highs I’d rather have it in BTC tbh

677ITF

Diversifying is smart and BTC is high risk so I think it's a great plan

Easymacsauce

I’m 60% VOO 40% Cash / BTC waiting to lump sum when I think we’ve bottomed. Slowly buy dips just in case I miss the bottom, which I will lol. Now I have retirement funds also that I won’t touch until the time comes.

L4gsp1k3

If BTC goes to 1mill in 2030, at that time bread will be at 1000 usd a piece and your salary, if you still have a job would be crazy high.

Shazvox

Make sure you sell your bad cheap BTC for new expensive ones!

karenskygreen

I am skeptical of BTC future. Between banks making it more stable with ETFs, AI stealing all the investors And this last cycle sucked the bag, the whole crypto concept has lost the plot BTC did not perform up to the low sample of cycle behaviors that everyone said was gospel.

OhhhhBillly

Next go around 1 BTC = 1 small house.

Savik519

I remember when a guy mortgaged his house to buy BTC. Thought it was the dumbest move ever. BTC was at $3k

Correct_Resource5934

Check out [datamine.network](http://datamine.network), they just had their contracts fully audited (no exploits) by [hacken.io](http://hacken.io) This will be the next BTC.

Quirky-Reveal-1669

I once had a few whole BTC, back in 2014 or so. Not having that anymore, by a longshot, was my stupid move, I guess.

Gr8WallofChinatown

You took a loan to all in on BTC you’re a dunce

Material-Advisor-273

The hardest part of “conviction” I find, is sharing about BTC with family & friends, buy it’s getting easier to make covert comments, because inflation and the cost of living is in the news all the time.

kell96kell

Even took out a loan? I hope it works out for you, but taking a loan for BTC doesn’t sound very smart. You had 2 houses i assume??

ParfaitQuick8426

When did you sell, and what price point did you buy BTC,

Huckleberrysdick

Google about the loan structure and repayment dates on the money MSTR borrowed to buy up their \~850k BTC. When they have to liquidate BTC to creditors in 2027 what happens to the price? Leveraged positions using VC are dead. BTC has hit its ATH.

Huckleberrysdick

Google about the loan structure and repayment dates on the money MSTR borrowed to buy up their \~850k BTC. When they have to liquidate BTC to creditors in 2027 what happens to the price? Leveraged positions using VC are dead. BTC has hit its ATH.

Strange-Substance-86

It’s heading towards 20,000 by next year. Guaranteed. BTC is pretty worthless actually but the hype media will keep it afloat above zero.

LionRivr

I saw BTC go to a few cents in the coinbase flashcrash during 2017. People actually got lucky and were able to scoop up cheap BTC. Coinbase let them keep it.

LionRivr

I don’t think Power Law is for predicting anything. But it is indeed very interesting to notice that BTC stays within a channel derived from the power law equations. But as I’ve heard many times: “All models fail”

AccordingFloor7010

Yes, the ones backed by NOTHING other than a hope and a prayer  (just like a fiat government currency) - meaning BTC and the other 20k like it .... as opposed to RWA-backed cryptos & stable coins, such as Tether Gold and other new-ish ones like it, backed by real tangible assets that you can always trade your cryptos in for upon demand - the opposite of fiat.

Tom_HK

Research quantum computing a bit more... Quantum Experts are stating that BTC will be decipherable by approx. 2030 as it's not quantum encrypted. Might be that it's a couple years later but I made up my mind to sell all my BTCs once it climbed back to ATH. Good luck mate.

ubermensch1001

Here's the deal, man. Sure, you made a huge move into BTC, but you did this when it was trading around the 200 week moving average. This is the equivalent of buying BTC around 20k in 2022/2023 or at roughly 3-5k way back in 2018-2019. If you can properly secure these assets in cold storage where you don't touch it at all and forget about it you will be fine. Within 2 years your investment will already be doing insanely well, I personally can't even imagine what it will be like 10 years from now with another 3 halvings under it's belt ('28, '32 and '36). The people that get wrecked in this space generally over speculate on alts OR from buying at/near the tops before selling at a loss.

karlfeltlager

I’m at 5% BTC and if it ever grows again to 10% it will be because BTC outperformed stocks I picked and ETFs. I want it to do that, but it’s unlikely imho.

riscten

>Damn, if people aren't expecting 20%+ a year, they should have stuck with index funds instead. My thoughts too. If we can't even expect BTC to reach $200K+ by 2032, what are we even doing?

viklondon99

Home equity loan on another property? 9% is steep, but doable and worth it for BTC. What happens if you can't repay?

aus-gerr

lol how would anyone not expect trump coin to be a pump n dump coin? Did you think it was going to be the new BTC 🤣🤣

Forded_Fiction24

If your goal is accumulating the most BTC as possible, then it's best to not just invest in BTC actually  I wouldn't have near as much Bitcoin as I do now if I had ironically only invested in Bitcoin exclusively. Different assets have different investment time horizons. I find it advantageous to have some short to medium term investments and then roll those profits into buying more Bitcoin for the long haul

viklondon99

Good stuff! Congratulations on buying the ONLY scarce asset in the world. You've done your research and made a calculated decision. Moat people will never make big moves in their lives. You have and well done! I also approve of your long term time horizon. Couple of points to consider, if you like 1. India is not crypto friendly - consider tax implications and possible optimization strategies 2. Consider 4 year cycles. I sold my property in London to buy btc. BTC kicks the cr@p out of property any day! You've made a great move

t0m0hawk

I just want you to notice how many times you used the word "bet". When you think of it like that, it stops being strategy and starts becoming gambling. Even if you're right, its still very risky. Right now BTC is like 20% of what I input into my portfolio because thats where my risk tolerance sits. People like Jobs and Zuckerberg also gambled. They were successful but there were also dozens more just like them in their respective times that took similar risks and lost. They were lucky.

Realistic-Ad1498

He would have been way better off that way. Now he’s paying interest on loans he took out to buy BTC at about double its at today. He lost 50% and is paying interest on top of it. Double whammy.

investinglegendary

So u own approximately 1BTC

Few-Statistician286

1st post here. Are people here kinda iffy with $IBIT as an alt to BTC? Id rather have a slow entry to BTC thru IBIT and dca from there. For the long-time crypto folks here, is this a bad idea?

Attempt-According

You will have no regrets, just remember to take profits and self custody, don't trust exchanges with your BTC, Not your Keys Not your Coins .

DrWartenberg

Hahahaha. As soon as all the 21M BTC is concentrated to one person (whether acquired at 0.01c, 3c, $3, or $30k), its value will go to ZERO. One of the only things that differentiates BTC from any new crypto someone comes up with is that it’s been around so long that it’s the most distributed and least concentrated crypto… even with industrial ETFs coming on the screen. This means the least likelihood of someone being able to launch a 51% attack and rewrite the code to, say, remove the 21M cap and enable debasement. (Which, sorry to say for that person, will ALSO tank the value to zero because, again, it will kill one of the value props of BTC). In this way, BTC is self-protecting. Even if someone could get all of it, or even enough of it to change the code, the result for that “lucky person” will just be a permanent zero dollars per coin BTC price.

Daethir

Yeah I'm sure you sold those 4 properties lmao Any lie to make BTC appealing right. Also I'm curious why it's important to understand BTC to know it's a bad move, what is there to understand, if line go up you're making money and you're happy and if line go down you're ruined and you're sad.

Designer-Brief-1188

BTC can only go to 0 if there is a new dark ages. As long as the Internet exists, BTC will always have value. Even if it crashed and such it wouldn't even go below 1k prolly, if it did, it would skyrocket to 10k cuz literally everyone and their mom would fomo. 

Straight-Ad2530

monero's original inception was not created for illegal trading, it was built to solve a problem that bitcoin failed to do, read satoshi's original whitepaper on why he wanted to establish a decentralized peer to peer digital currency. the adoption of xmr by the dark web and its usage today, to you, has granted you the perspective that it's a coin to not touch, on the other hand, anther perspective, the one I and many hold is that Monero's developers did not dev it for it to be adopted by the black market, instead, the complete adoption of monero by a system (the black market) is living proof that monero is fulfilling a need that is and was novel, and yet to be completely replicated. BTC used to be the currency on the blackmarket, but got phased out by monero due to the problems it inherently solved that BTC and any other coin has failed to do. Monero is something I believe in because I was greatly affected by the 2008 financial crisis, and it left me and im sure others with a great distrust for government involvement and knowledge of my financials.

PrairieFern1995

Doesn't sound insane at all. you were basically treading water with that property and now you've freed up cash flow, which is the part most people overlook when they romanticize homeownership. The fact that you're dcaing into btc while also stacking cash for a future down payment means you're not gonna all-in on one bet, and that's where a lot of people mess up. One thing I'd throw out there: if you want to be a bit more strategic with the BTC side I've been using aΙphasquared to scale my buys based on where risk sits in the market. So when things look lower risk I buy heavier, and when risk creeps up I pull back or take some profit. helps me not just blindly throw the same amount in every week regardless of conditions. Might be worth a look since you're clearly thinking about this stuff in terms of cycles anyway.. The Sun Belt RE correction playing out slowly is a real thing in some markets so your timing could work out if you stay patient. Just dont let the nostalgia for the old place push you into something prematurely.

MoneyComesWithTime

Unfortunatly you Will lose money! BTC next year Will be at 25k.

friiz1337

Only legitimate tokens you should invest in is BTC and ETH

CollarControl

The underlying value of BTC will always be illicit goods/services and sanction dodging countries. So never zero.