BTC

sylsau

You cannot be certain about this point. The only certainty you have is that central banks will continue to print ever-increasing amounts of fiat money out of thin air, devaluing the purchasing power of anyone who fails to take precautions. In contrast, you have a guarantee: that there will never be more than 21 million BTC in circulation. This guarantee alone makes all the difference when taking precautions against the implosion of the current system—an event that will eventually come to pass.

sigh_duck

Honestly, I don't blame you. I just dont want to go through the rigmaroll of selling my BTC, fiat conversion and then ETF purchase. If only I could do it with a native BTC deposit straight to the ETF provider.

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eltuna3636

Buy an etf, people here hate it but 5 years from now it’s what 90% of regular BTC holders will be doing

superfatman2

BTC leaving one criminal empire to another. The US is just a mafia

sspecialists

BTC will likely go up, down, and/or sideways by 2030, and, thereafter, by 2032.

sylsau

“It’s in cold storage” shouldn’t end the conversation. Glassnode’s October 8 snapshot puts **1.79 million exchange-held BTC behind public keys already visible on-chain.** These figures measure exposure—not stolen coins. Cold storage keeps private keys offline. It cannot erase a public key from the blockchain. A sufficiently powerful future quantum computer could make that distinction matter. Here’s the uncomfortable part: **When you outsource custody, you also outsource the timetable for protecting your money.** Does your exchange have a migration plan it can explain—and test?

Financial-Milk-7488

I think it depends on many factors. I think realistically 2030 sounds like it’s super far away, but it’s less than 3.5 years away. Things like this take a long time to become normalized and adopted. Think about how little the public “retail” investors really know about BTC. Most people “know what it is” but most people don’t truly know what it is. Especially the main class of people who hold most the wealth (baby boomers and older people in general) have basically no clue what BTC is (on average obviously, not saying any older people don’t know). Also at an institutional level. We’re seeing that start to happen, but honestly I think the CRAZY price levels and gains will happen once BTC becomes the reserve asset of all the major world banks and governments. In my opinion, that isn’t if, but when. And when that happens, it wouldnt surprise me if BTC climbs over the $100T market cap. Overall I think we’re WAY early to BTC and have hundreds if not thousands or years of BTC relevance. If I had to give my absolute best guess, as realistic as possible I’d guess $200k per coin by 2030. TLDR: 2030 isn’t that far away, $200k

classygorilla

Oh, easily. 90+% of people who hold Bitcoin probably only hold it because it's value skyrocketed and actually know very little about what it is. I agree with the other poster, Bitcoin honestly is a fucking trash currency. It just is. It's too complicated. Even the very nature of how it works when it works right offers zero consumer protection. I can and have used my credit cards charge back feature several times. Bitcoin? Fucked. It's gone. I consider myself somewhat savvy about how to use technology, have done the basics for cold storage etc and I'm sweating every time I need to move my BTC and I don't even have a lot. Between that and the swings and more and more it seems to be losing its appeal.

hodler1992

I have the feeling that 1 BTC gonna be 1 BTC 🤯

GreenStretch

I mean it's kind of true, hard for me to keep money in checking or saving, but BTC just grows in the long run and most of the alts I had grew until I got my lambo^(new model of my 20+ year old car).

helen_3410

A flat dollar quote leaves out the benchmark: compare LTC to BTC over the same dates, which is what that pair chart captures.

Least-Dingo-2310

BTC literaly grows by 30% from bottom to bottom

Gitanes

10k. I think we are heading into a big recession. BTC will need to get rid of Saylor first before it can pump again. And that will be painful.

CableDeep8520

If you want to just hodl perhaps consider saving your BTC in a Bitcoin Core node with a VERY STRONG AND LONG password. Backup the wallet.dat to several locations. no entropy issues no supply chain issues no physical loss issues no seed phrases on paper issues no device failure issues. Just a small file to save/backup and a good password to remember/safeguard.

Ukire

You absolutely should not have the amount of BTC represented by $. I get the sentiment but this looks like slop and literally makes no sense.

CyanDew

the peace of liminal BTC

Ok_MakeSomeMoney

Coming from experience it looks like what happened was the supplier sent the units somewhat unfinished. With about 100-200k worth of equipment in 2010 We could mine 30 BTC a month for around a year before the has rate caught up.

EuphoricChallenge890

In theory, the ETF you hold will buy BTC if it is a spot etf and that company issuing the ETF will hold it

JohnBrownisMarching

The Liminal BTC piece

Molasses_Calm

You all don’t see any correlation between BTC price action and the nasdaq? Nasdaq futures just dropped 180 after hours.

Gears6

> I would put my entire savings into one random pharmaceutical company’s stock before BTC again. Why not put some in both, and some other companies? I do.... There's no guarantees and so I wouldn't put all eggs in one basket. You can be concentrated, but not one fatal blow and you're completely out.

Gears6

Yup! I think this is the reason that BTC/crypto can't become a replacement for fiat. It's because, fiat has evolved over time to deal with the sort of things that happens when we have humans involved. It's not simply just trusting the government, but also trusting the organizations handling your money and doing transactions on your behalf.

3cWizard

Did you just end up selling BTC, pay the taxes and then buy in for the ETFs? You lost a chuck to taxes?

Falkenmond79

Yes and no. It was always the three factors of running cost (ie cooling and electricity), initial hardware cost (how long it would take to recoup the initial cost; that was usually 6-12 months and then you would have to still be able to contribute a decent amount… which is problematic since difficulty used to go up and up with the total number of people and hardware Mining) and the current reward per amount of processing power. So, it was always mostly only profitable if you could make a huge initial investment and had cheap electricity. That way you could hope to „beat the odds“ so to speak and go not for pool mining, where you get a fixed amount depending on your mining power, but try and solve blocks yourself. It’s a gamble. Pool mining is usually less but steadier. Finding blocks yourself is absolutely impossible though, unless you have a measurable percentage of computing power compared to the total network. Meaning, the more people are mining, the more difficult it gets. So actually the more of these mining operations fail, the better for the remaining ones. Their share in the total pie gets bigger. But there is a catch. The reward for finding a block gets smaller after a set amount of time. It used to be 50 btc in the beginning for each block found, but quickly reduced to 25. back then I actually found one, with only my measly GPU. Too bad BTC wasn’t worth anything back then. 🤣 But in this case: You don’t have any initial cost. The hardware is just lying there. But it’s probably outdated. So running it vs the electricity wouldn’t be profitable anymore. BUT if you remove that as its primary purpose and instead make heat the actual purpose in order to save on other heating cost, you could as well make it do its original job and mine a few fractions of a bitcoin each day. Might not be much more than a dollar a day or so, but add to that the saved cost in heating… In actuality though, other heating methods would probably be cheaper, per watt of heat produced. But it’s a fun thought experiment. The removal of initial cost of hardware is a big chunk of it.

amputeenager

isn't that the guy that stole everybodies BTC from MtGox?

Educational-Oil-9841

I stopped trying to time it. During the quiet stretches I just park the stablecoin part somewhere that pays something so it's not completely idle while I wait. Been using CoinDepo for that, fixed rate, nothing to do. It's centralized so you're trusting a company and the rate isn't going to make anyone rich, but it beats stables sitting at zero on an exchange for a year. When things pick up I rotate back into BTC and alts.

draculap2020

BTC with no trust mechanism but people use trust for buying cold storage, trusting online exchange ,trusting the store where you are buying. Titanium door and Plastic wall scenario.

Brady113

Same. If it’s now in a bull market then that’s a little disappointing for those who thought it would go lower, but it is what it is and there will be other opportunities. People act like BTC is the only thing you can invest in haha

swiftrobber

Damn bro you must be the pinnacle of what is wrong with BTC community

Vipu2

What will happen to BTC when 95% of people have ETF and very few have actual BTC?

LeviatanSignals

This is absolutely heartbreaking. 🔱 0.9 BTC is a life-changing amount, and losing it due to a failure in Apple’s 'trusted' review process is inexcusable. For anyone reading: This is a brutal reminder that 'Official Stores' are not a guarantee of safety. 1. Always verify the app link through the project’s official website/Github. 2. If an app asks for your seed phrase, it’s 99.9% a scam. 3. Use hardware wallets for anything above 'spending money' amounts. Really sorry for your loss, man. I hope this post gets enough traction to force a response from Apple. Stay strong. ⚓

usedmattress85

Yeah I’m Canadian. We’ve have ETFs years before the USA. I’ve always held my BTC in an ETF, mostly because you can do it in a Tax Free Savings Account so tax free profit. Whereas pure BTC you cannot. Choice is obvious. Plus I’m a dumbass that really can’t be trusted with the keys.

13Angelcorpse6

Number Go Up is about the only thing left that BTC has going for it. BTC fixes nothing more than being the best savings account. I have a multisig setup with BTC advisor. My current contributions are about the same as the 1% fee to BTC advisor.

ComasArentFun

See this is why I hate the BTC community. I love BTC and have a very healthy proportion of my stored wealth in it, but I despise you bitchy little fuckers People went with best practice. Self custody, hardware wallet, supplier rubber stamped by the manufacturer - just like every one of you oh so superior arseholes has been bleating about for years, but because they got caught in a very complex hardware scam that involved the taking over of an entire company, somehow they are suddenly idiots. Take a fucking look at yourselves. This is why BTC isn't viable as a currency and only rises based on the mechanisms of valuation through diminishing rewards. You twats revelling in people losing money because they didn't do it to your standards. This isn't the same as old ladies getting scammed by a phone-call from India. This was a sophisticated and prolonged attack that involved multiple levels of crime Ghouls.

JunoKat

No insurance whatsoever, lost BTC is on ETN holder.

Gears6

> Everyone wants to be their own bank but 99% of the population is too stupid to be their own bank It's not even about "stupidity". It's just normal mistakes, life and being human (heck even machines make mistakes). That said, this is the benefit of BTC that everyone is touting. You are responsible for your own shit, even if you loose it. You can't really undo it by design.

Gears6

Now take into account US stocks into that chart! I think comparing BTC to fiat is misleading, because BTC is used as an investment similar to stocks. I doubt many of us store our daily monetary needs in BTC....

JunoKat

BTC3 fee is 0.05% per annum

Gears6

> I will face my fear. I will permit it to pass over me and through me, and when it does there will only be BTC. 😍

PaulAtredis

£1,000 a year is tax free in the UK - I'll not hit that with my mining income (though different story when I cash out my BTC savings of course...) I will face my fear. I will permit it to pass over me and through me, and when it does there will only be BTC.

_SlipperySalmon_

just wait for market correction soon and see how BTC holds up

Kontrav3rsi

Hey, how much energy would it cost to mine BTC if it was 1m a coin?

PsychologicalBit803

So where do you buy and sell crypto? I said plainly I use cold storage. Not arguing for or against it. Do I worry leaving some on a reliable exchange for a bit? No I do not. Do I use exchanges to buy and sell, yes I do. If BTC ever becomes more than an asset to trade I’ll gladly do things differently. What you are describing is an extremely rare possibility unless you are doing things that make it questionable legally. These are just stupid arguments these days. Without exchanges existing there would barely be any BTC trading. I have no idea how much moves outside of exchanges but can’t be much.

ComasArentFun

Because AI is not a source of truth. This is using the power of a magic wishing stick to bolster the argument for BTC and it is not needed. BTC proves itself year in year out. It didn't need AI before and it certainly doesn't need it now. Trust in AI is in the gutter.. this is like asking Epstein his opinions on Women's rights.

Queasy-Ride4291

Then why hasn’t BTC beaten inflation for over half a decade?

ComasArentFun

I'm heavily in BTC, so I know this already. But AI analysis can fuck off and die. It weakens the argument rather than strengthens it.

JaFFsTer

Electricity costs money. If you spend.more than you generate you lose money. Losing 0.4 BTC per year is easy

Practical-Smoke-9337

BlackRock putting out reports with orange highlighted BTC lines now, the timeline is getting weird

Aromatic-Minute-229

You could take out a loan on coinbase, buy STRC or SATA and get paid out dividends at 12-13%. That's more than enough to cover the interest accumulation on the loan. If BTC drops fast, you can always just sell some of the stock to repay the loan.

SAAGASolve

You can make a stable coin on btc. Have a token off of a UTXO like with taproot assets and have it redemable ofr BTC. You can litterally make your own. How do you know a stable coin has the us treasury behind it ;)

quintavious_danilo

Agreed. Not sure why anyone would download anything different than Blue Wallet or Blockstream Wallet for their BTC.

Pleasant_Maybe_5523

Sounds pretty risky tbh. If BTC drops hard, you could lose your collateral and still have a bank loan to pay off. I wouldn't take that kind of stress.

ADD-DDS

Yeah but a heat pump can’t mine BTC

Fluid_Blacksmith560

What can you buy with BTC, other than fiat currencies and a coffee at some cafe in El Salvador?

oneothergamer

Paper BTC is a way bigger problem IMO

kgsphinx

With that much hardware, they probably mined plenty of BTC and made a decent profit. You should change the title to “closed” from “failed”. They could salvage some of that. Definitely should have cleaned up their mess though. That’s always annoying to me. Leaving crap for others to clean up.

JollyInspector3387

That's a properly grim situation, and the silence from Apple after you've done everything by the book is the part that really grinds. 0.9 BTC is a life-changing sum for most people, not just a casual loss. The bit about signature verification is spot on. On desktop you can build from source or at least check a PGP sig, but on iOS you're completely boxed in by whatever Apple decides to rubber-stamp that day. Their review process seems to care more about in-app purchase rules than actually catching outright impersonations.

Shoddy_Peanut7320

Nobody can call it from here, but a few measurable things separate “another cycle” from “structural decline”: whether altcoin volume and open interest are rising or falling against BTC, how many coins have real revenue (fees, users) that you can check on-chain, and whether stablecoin supply on those chains is growing. Alts are a poor group to treat as one asset, since a few with real usage can do well while most go to zero. Looking at past cycles, they’ve lagged BTC for long stretches before moving, so a rule written down in advance (for example, a position size cap and a review date) beats trying to time it. If you’re sorting coins by quality, Cymetica’s Gem Screener ranks tokenized crypto apps and chains by upside versus revenue, which is one way to filter for real usage.

crunchyeyeball

Not usually a fan of AI, but while trying to get some translations, Google AI seems to have nailed it: > This image appears to show a fake or heavily modified Bitcoin Core wallet screenshot, likely used as part of an online scam. You cannot spend this money because the funds are not real. Several technical inconsistencies in the screenshot indicate that it is a simulation or a falsified mockup: > > Fake "Wallet.dat" Scam: This exact layout—showing an old Bitcoin Core interface with a balance around 107.59 BTC—is a well-known template widely distributed online. Scammers often sell or share fake wallet.dat backup files claiming they contain millions in "lost" Bitcoin that just need a password to be cracked.

TheresNoSecondBest

I can also link to a random watch wallet with 100 BTC.

tenor_tymir

Thanks, so far all of my UTXOs are >0.01BTC, so I’ll do what I do best: absolutely nothing.

Alfador8

A few things: When consolidating you want to send multiple UTXOs to a single address in a *single transaction*. Send it all at once. This avoids address reuse. As far as privacy, the consolidated UTXO will inherit the KYC of every individual UTXO, so it's best to consolidate UTXOs from the same source. For example, if you have several UTXOs that all came from Coinbase, consolidating those doesn't impact privacy, since they all share the same KYC profile. Finally, there's no real reason to consolidate *all* your UTXOs. The generally recommended size for a UTXO is greater than 0.01 BTC, to mitigate the impacts of a possible high fee environment in the future. If you have UTXOs that are at least this size, you don't really need to consolidate them into larger UTXOs. 

PublicBarracuda5311

>you do in fact lose out on the value of it at the time you lost it Which was around 2012. What was BTC price back then? Exactly. BTC is only worth the capital invested until you sell. Think about it.

TexFarmer

How are you going to transact BTC in a wallet? Are you going to hand the USP stick to the merchant? Or are you going to print that BTC on paper and hand it to the merchant?

-Zeleios-

We're in /Bitcoin not in na envoronmental save the Planet subireddit. So the e-waste problem Is neglectible (as It Is Is in general for the ASICs). But if you feel good coming in cryptocurrencies subs and shouting about e-waste, even if Is a non-existing problem for BTC, go on... it's still virtue signaling by definition

devCheckingIn

BTC is a poopypants.

Mediocre_Job8085

Both are IOUs — the only real question is which custodian you're lending to: Coinbase (cbBTC) or BitGo with the Justin Sun JV involvement (WBTC). For your use case the ticker matters less than the venue: as a DeFi float you trade against, cbBTC on Base has the liquidity and volume, while WBTC on Base is basically not a market. For savings, remember wrapped BTC is a loan of your keys to an issuer — 25% exposure for yield is a defensible bet, just don't let "it's only a quarter" quietly become most of your stack. Native self-custody for the core holding is still the boring-but-correct answer.

jguest1105

Yep, both are risky. Although, your Bitcoin will get stolen for sure, and faster, if they steal your BTC wallet rather than your email and shipping address.

ximogui

Prediction Markets on crypto price literally just follow price movement. BTC falls 8%, this is what happens to this market.

quintavious_danilo

I took out a loan and used the funds to buy BTC. I consider this the right move while we are in a bear market. I can easily cover the loan installments out of my salary. Although I will have effectively paid an extra $4k by the end of the 3-year term, I am firmly convinced that I will have generated double the loan amount by then. However, I am not using my BTC as collateral; it is a standard loan.

quintavious_danilo

How is the difference tiny? BTC just gained 40% in less than 2 weeks.

TheresNoSecondBest

If I had a certain amount of BTC and lost one third of my private key, I would for sure contact someone who thinks doing research is asking AI and plastering my story all over the internet.

RXrenesis8

I am too? Did you read what I wrote? TLDR: even with BTC + heat the miners still come out behind.

xirvin

There’s a wallet company that has a firmware check every time you turn it on. The case is transparent, so users can see if there’s any tampering. The wallets are serialized from factory to ensure that wallet IDs match the serial numbers from the company. The challenge is that any hardware wallet will face many attack vectors. Just failing one attack vector can cause irreparable damage to its reputation, which is why I won’t name the company. This company’s firmware is now secure, but the cost of its bug fix amounted to a staggering 130 million USD in lost funds. As a consumer, you need to be vigilant and proactive to avoid becoming a victim. If you’re not tech-savvy, it’s best to just hold BTC in an ETF.

Blooberino

Imagine buying your wallet from an unknown cheap secondhand reseller to save a few bucks on storing your $6.6m of BTC

three-sense

1BTC

StrangeInsight

... I'm pretty sure that Bitcoin exists without mining. The incentives to finish mining will fluctuate, but with or without the entire supply available BTC is here to stay.

Usual_Suspect8663

What if S&P goes down but BTC goes up? Thats what’s coming

Inevitable-Gap-1247

Well I guess Sber is a russian bank for russian users, so they can easily exchange crypto for rubles and back, for example, IT specialists receiving money from foreign companies for their work, but mostly it was made to receive money for oil, gas, fertilizers, uranium, palladium, diesel, nuclear reactors, other machinery, and other stuff. Russia is the second top BTC miner after the US, so I guess they can exchange it with the help of China, India, etc. 30000 sanctions and still 9th largest economy in the world, they know the ways

WitnessDelicious4567

Well if si crack BTC It Will crack every bank in the world also so Who cares?

tribopower

>FWIW, I used the term failed very tongue-in-cheek. I estimate the operation mined millions in this operation. What is the number of BTC the whole farm mined? out of curiosity, if you don't mind revealing

TheresNoSecondBest

>Cus 1 BTC is supposed to max at $1 million per coin right? Who told you that? Bitcoin supposes to max at $1. Because who would ever pay for it more than for a dollar, right? Right?

IRON_FiNN

Ok but what’s the money numbers? Cus 1 BTC is supposed to max at $1 million per coin right?

TheresNoSecondBest

Short answer is, yes if the network can survive until 2140, it can survive on fees alone after 2140. Four years before that, the miners will receive the transaction fees + one single satoshi as a block subsidy. Do you think getting ONE SINGLE SATOSHI will make the difference that will break camel's back? I mean, the miners "lost" 312,500,000 every ten minutes in the last halving. Why are they still here? This 312,500,000 sats the miners "lost" every 10 minutes if we compare it to the rewards four years ago is incredibly massive if you look at it from 2140 (that's when all 21 million coin will be mined) perspective. All miners in the world will work for about 40 years to earn 2.15 BTC or 215,000,000. I mean, why waiting until 2140 if they can leave in 2100. Why sticking around right now if they earn 50% of what they got four years ago?

CoinGate_Gift_Cards

Both introduce additional trust assumptions compared with native BTC. WBTC has a longer history and broad DeFi liquidity, while cbBTC relies on Coinbase as custodian. For DeFi use, the main things to compare are liquidity, supported protocols, custody model, and smart-contract risk.

HiCookieJack

Only if the profit is higher than the energy cost. On the other hand I had the same argument when I could 1 BTC a day using a CPU, but the BTC was worth $1 at the time. Depends how the value develops and if you want to take that bet

PuzzleheadedHuman

The trust side has been covered well above (Coinbase vs BitGo, pick your custodian). For what you described, swing trading cheaply, the bigger factor is where you'll trade, because the two barely overlap. Last 24h on DEXs: \- cbBTC on Base: about $64M liquidity and $241M volume. It turns over nearly 4x its liquidity in a day, so it's the most actively traded wrapped BTC anywhere right now. \- WBTC on Base: the biggest pool is about $360k with under $30k of daily volume. Effectively not a market. \- WBTC on Ethereum mainnet: about $210M liquidity and $55M volume, roughly 3x the depth of cbBTC on mainnet. (Bias check: I work at DexPaprika, a DEX data company, so I answer everything with a table.) So it is less "cbBTC vs WBTC" and more "which chain". If you're trading on Base, cbBTC is the one with real depth, and your swap costs will mostly be the pool fee. If you ever trade size on mainnet, WBTC is still the deeper book there. Both currently trade within a few tenths of a percent of BTC, so tracking isn't the issue. The custody question is the real risk, and capping it at 25% of your stack seems a reasonable way to hold it.

Fluid_Garden8512

>my friend keep saying wait for the dip but the dip never comes when you wait for it. BTC is over 35% off ATH. This is THE dip.

dimwittedude

​Sure, using stranded energy or soaking up a tiny bit of surplus renewables sounds nice, but that’s like 1% of cases max. ​Let's be real: if all the massive power going into BTC right now was actually used for stuff that matters—like building houses or reforesting—the world would be a lot better off than burning gigawatts to mint a digital coin.

BILLYBUTCHER_2

The Germany example is what makes this interesting. Governments can talk about holding BTC long term, but the real test is what happens when they need liquidity or political priorities change. A reserve policy is only as strong as the government’s willingness to stick to it.

Several-Structure282

Imagine back then a simple computer can mine BTC 😆 now all this wouldn’t work 😭

bimbobandit2016

BNB has been rather disappointing for months when it's usually the fastest horse out the gate in a bear market. Going back to the arms of big daddy BTC

dimwittedude

Power is still in the hands of the wealthy always. If Elon Musk and Jeff Bezos wanted they could buy all the circulating BTC. Sadly when an asset has monetary value the wealthiest people always have the power.

TheresNoSecondBest

Reading the comments, it looks like your debt is on credit card. That alone is scary, mate. The best option is obviously to pay it off ASAP. Second best option is probably credit card balance transfer into a card with a temporary 0% APR. Can you do that? It'll be IMHO a better solution than giving your money to Conbase. >Any downsides to doing this besides the obvious if the BTC price drops?? The thing is, you're not holding BTC, you (I mean Conbase) are holding a shitcoin token that is "pegged" to Bitcoin. Pegs are working until they're not. UST is a prime example. The drop will be fast, you'll get liquidated DESPITE BTC not moving at all, and Conbase will say sorry. That's it. I mean, if you're going to borrow against your BTC, make sure it's still BTC. And yeah, **pay that CC debt yesterday**, mate. It's dragging you down for no reason.

riscten

I'll tell you more. "Fidelity" means buying Fidelity's ETF on a traditional stocks brokerage platform. While not the worse idea, you'd be buying a derivative of Bitcoin that's managed by a big bank. In other words, you'd be doing the exact thing Bitcoin was built to avoid: Trust some large entity to hold your assets for you. It's more convenient and it can be invested in a tax-sheltered account, but ultimately, it is not Bitcoin you're buying. It is an asset that's largely managed in an opaque manner, that you cannot verify. If the bankers engage in their typical, creative shenanigans, you might end up empty-handed, and it's all regulated, so forget about the libertarian tenets. If the government wants your asset, it's theirs. I mean it's safe, probably... But self-custody BTC is an even greater contributor to sleep quality than ETF BTC.

HedgehogGlad9505

The first sentense is probably right, or BTC would have been at $100M already.

Iapetus404

BTC no need to trading. Just DCA until new ATH. Then sell and enjoy your profit. Wait a crash(2022) or a -50% like this cycle and start DCA again.

MrChicken_69

Unless you're running a GPU mine - which is insane for BTC - there's nothing to reprogram. Unless you need to calculate a few trillion MD5 hashes, these things are junk.

DiamondHandsDarrell

I've been looking into BTC loans for a long time and I haven't seen any that make sense whatsoever. In short, if the price drops, you'll be liquidated because you're not going to have the money to make up for it. So now they'll sell it at a price lower than what you paid for and you lose out on that. And there's other terms to the agreement that will probably bite you in the butt.