BTC

Reasonable_Band1536

Is taking a loan with a company like Salt similar to taking a loan with a bank like WF if they recognize BTC as an asset? I guess I’m asking is if there are margin calls with banks like there are with brokerage companies. It would seem like a no brainer if they didn’t have margin calls in place.

BrawndoCrave

Stocks will perform better than Bitcoin long term. While I have BTC, it will face diminishing returns as the market caps grows. There will always be new growth stocks to drive the market higher long term.

liquid_at

BTC-Meme-Traders are increasingly worried that their "one true coin" has not been pumped yet, so they want to limit the talks about alts, so that all the stupid memecoin and shitcoin buyers who still believe in alts, pump their precious bitcoin to a million... meme traders doing meme trader stuff.

No_Investigator3369

same. sold in 2017. invested in BTC and rented. 6x my proceeds. still renting since everything is dogshit now for the price.

Nemozoli

The first thing I paid with BTC was a Trezor hardware wallet. Worth every sat. The last one: I bought eyeglasses for my wife and myself last year when BTC was close to $100k. I had the cash to buy them, but thought about how little the sats costed me back in 2017 and made the move. Rebought all when BTC went down to $65k...

anymonero

There was a time when Coinbase only listed BTC, you know.

Clean_Difficulty_225

I have the humility to admit I could be wrong, but given the overall macroeconomic environment is bearish and we are on the precipice of the AI bubble popping, not to mention the rising interest rate environment, I can’t see BTC returning to $100k let alone going to $200k. IMHO it’s headed much lower this upcoming cycle, I’m talking sub $10k/$1k. Eventually it will asymptotically converge to zero, as it’s a low performing legacy tech that will be replaced by other things, e.g. central bank digital currencies.

tenor_tymir

I’m 100% BTC. Don’t do what I do, apparently, but be advised that not having any would be a mistake. Make it a fixed % of your portfolio and keep adding to it throughout the years.

georgejetsonn

I understand why people choose to do it, but if I held most of my liquid net worth in self-custodied crypto I could never sleep well worrying that I might have fumbled a tiny step that could compromise everything with no recourse. No wonder BTC ETFs are so successful

tenor_tymir

Half a decade is just 5 years. BTC will most definitely not sit at 200k in 5 years. We’ll be probably back in a bear market by then.

toddycoin

Hmm, if the AI bubble crashes in 4Q, then, we may see 40K of BTC (or even lower!.. So the question is what events affect broader market outside, and that spillsover to Crypto.

Budget-Aardvark-7860

big misconception about cycle theory, there is a window where the bottom occurs not an exact date, a cycles timing is never exactly the same, even tho BTC has behaved similar in previous years, so yes the low could of already happened since it’s in the window, but sentiment doesn’t seem to match imo, which is why i would not be surprised one lower low sometime late Dec/ early Jan

quintavious_danilo

You say “correct”, why do you think BTC needs a correction? It’s right there where it’s supposed to be.

Lavayo

Which would arguably be good for BTC, leaving a potential short term reaction for the crash. Who knows. But we hat so many bad news this summer and did not even get much below 60k - still 20k above the 40k suggested by some. Just this week people said the US sold BTC and ledger got problems. Not much happened. I lack the fantasy to see a reasonable reason for such a drop.

PowerappsDev

2023: 100% in BTC, ETH und solana 2025: 20% World etf. 80% crypto 2026: until 06.10 i had 40% World etf 60% crypto 2026: after 06.10 i am 100% in World etf

Due-Driver-8826

It will cause problems to every other system in place today, crypto and BTC might actually be the easiest system to adjust once quantum is implemented

Silver_Knight_007

What if BTC had sinked, then you would have celebrated this decision. So never regret, it's all part of luck and you will get what is written for you. Either from BTC Or a salary Or stock market or some other source.

nugymmer

BTC might not be worth this much today had it not been for that purchase.

nugymmer

What about the one from October 2009 where $1 could have bought you 1309 BTC?

Vydrah

Oh, ok… so just supply and takeout? I don’t think thats worth it, it’s so little APY. But on the other hand risk is very low… not as low as just holding BTC but low.

ThePugz

I buy 0.0033 every day. That adds 1% of a BTC every month. Any big drops I buy more. And if it stays down for a while I’ll add a 2nd 0.0033 buy every day. Like when it was down to $60K earlier this year. Bought an extra 1% a few times & boosted the daily to 0.0066 too. Added a good 5% during that drop. When it touched there again I added another extra. 1% & doubled the daily buys & added another 2% there as that drop didn’t last long.

tenor_tymir

Why LTC-BTC-Fiat? Why not LTC-fiat?

Vydrah

I feel like there will be a huge gap in consensus within the community on this topic. However personally I love defi… but as u know cbBTC or wrapped BTC earns almost know yield compared to stables on it’s own. So you either need the loop to be more complex for making it worth (which carries higher smartcontract risks) or what you’re proposed trading with what you have lend (which is imho even riskier). If you’re willing to take those risks go for it.

NoYak978

I’m so pro BTC that before seeing all the great ideas and support. Would have been more than willing to help figure out alternative options. Keep stacking your stats 🫡 generational wealth

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Post is by: marshallxfogtown and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoCurrency/comments/1x29sbq/how_do_we_feel_about_cbbtc_and_wbtc/ So I recently sold some of my profit on my BTC investment, it was not much, but it was 25% of my BTC holdings because I was up over 30%. Now I've got this USDC sitting earning interest in Aave, learning about DeFi, and have been noticing i could keep my "BTC" on chain and save money in swap fee's, and potentially trade the swings in BTC price for a lot cheaper than if I were to use Thorchain for native BTC swaps... I've been enjoying keeping my BTC self custody and have avoided introducing it to any CEX's so far since acquiring it, so I just wanted to get the publics current opinion on holding cbBTC or WBTC for my purposes, especially if it is only 25% of my BTC holdings.. *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.*

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Post is by: EmbarrassedDingo9467 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1x29gyc/btc_bounced_and_fg_is_back_in_greed_64_but_alt/ Snapshot from Bybit perps this morning (\~07:50 UTC). Long % is by account (L/S ratio): \- MNT: 83% long \- HBAR: 80% long \- XRP: 79% long (L/S 3.81), funding +0.0021% \- JTO: 74% long \- ETH: 71% long (L/S 2.50), funding +0.0004% \- BTC: 63% long (L/S 1.70), funding -0.0011% What stands out to me: BTC bounced from \~80.4k to \~82.7k, but BTC funding is still slightly negative. So the crowd is long by headcount, but the money isn't paying up to hold it. On alts, positioning is much more one-sided than on BTC. Historically, when retail is this lopsided on alts while BTC funding stays flat, I've seen it resolve with a flush before continuation more often than not, but that's my experience, not a rule. Is anyone else seeing the same skew on other exchanges? Do you treat high long % as a contrarian signal or ignore it? *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.*

DrRayNay

I bought my fake ID using BTC in the dark web when I entered college in 2010. With that money I would of not needed any college.

Final_Bite_7228

But BTC will always go up!

EmbarrassedDingo9467

Checked what derivatives are doing on this. BTC funding on Bybit is basically flat at -0.0008%, OI barely moved (-0.02% in the last hour) and ~63% of accounts are long. If traders were really front-running a government dump, I'd expect funding to go clearly negative and shorts to pile in. That's not what the data shows, so far it looks like noise. Has anyone checked on-chain whether the coins actually hit an exchange?

usersince2007

I was not a criminal when the FBI took BTC-E. They stole 80% of my coins.

ImADiene

quick question, is it allowed to use a non-custodial on-ramp like moonpay to buy something like BTC and immediatly atomic swap it to XMR? i have read conflicting info on if this is likely to earn you a ban/restrictions and finCEN issues. itd would be for a small amt of money like 2-300 USD. im in the us btw

usersince2007

I paid for my vasectomy with Bitcoin in Turkey. Dr. Was very happy being paid in BTC

janjaas

Yes, crypto is not for me anymore. After 8 years, I’ve come to a conclusion that crypto is mostly for gamblers. But. Bitcoin is not crypto. I’ve become Bitcoin maxi, converted all alts into BTC. BTC is my retirement fund that will hopefully allow me to retire a bit earlier and provide extra bandwidth to enjoy life. Hope it works out the way I’ve imagined.

TerribleUsername437

For real. Like what can you even buy in BTC? No one accepts it as a form of payment. Some small niche shops that did during the blockchain boom have also stopped. If you want to buy something, you have to exchange it for local currency anyway which again brings you under the government's mandates. I think all it is useful for is to diversify your portfolio a bit or to take payments from international clients if you are outside US. Then again, you would need to immediately exchange it for FIAT to use it.

alxkwl

What would possess someone with $6.6M in BTC to purchase a hardware wallet from a reseller vs the actual manufacturer?

Congenital0ptimist

Just remember that nobody in their right mind ever wants their debt (mortgage, biz, whatever) to be denominated in units of a scarce resource (gold, BTC).

immersive-matthew

Some other betting platform is going to bet poly market BTC prediction is wrong and add yet another needless layer.

michaelv-565

Could the rest of the portfolio cover spending if BTC were sharply down when you needed to start withdrawals?

Feriman22

I just stopped trying to predict the "future" of the market and started focusing on the current regime instead. That’s also why I made the current BTC/ETH/BNB regime from my own rule-based system public. It gives me something objective to react to instead of guessing.

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Post is by: Sad_Experience_2516 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1x24bew/us_moves_1b_in_bitcoin_dump_or_reserve/ The US government reportedly moved around $1B in BTC linked to the Bitfinex hack. Some believe it’s a potential sell-off, while others think it’s just a custody transfer or part of the restitution process. Personally, I think the bigger question is how much BTC the government can legally keep in its strategic reserve. What do you guys think? Bullish, bearish, or just noise? *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.*

TheVillainInThisGame

I sold 13 BTC a few months later :')

UrbanGrower187

Seen BTC pump and dump 30% ina single day so I donno it’s strange what people think may think

Educational-Hold-699

The crazy part is that selling at $550 probably felt like a perfectly reasonable decision back then. Nobody was looking at that transaction thinking "yeah, this will be worth a fortune someday." Still, seeing 4.27 BTC on one line hurts more than it should 💀

moop44

The days of mining LTC to trsde for BTC to trade for fiat to buy beer were the glory days.

Serenaded

I like Litecoin and it would probably be one of the cryptos I would invest in after ETH, XMR and BTC. But I'm currently not buying into any projects, just more safer and easier money to be made in stocks. So saying this, it wouldn't suprirse me in the slightest if LTC suddenly melted faces with a pump. It's extremely overlooked while being one of the most stable, oldest coins that actually achieves what it set out to do. It has all the hallmarks of something that could 20x. Still not buying into crypto though, not in this economy.

ihatearguingonline

I agree with those BTC criticisms, but if we're looking for a coin that takes BTC's best characteristics (fair launch, fixed supply, strong PoW security/decentralization), and combines them with next gen speed/scalability/low fees, then KAS is the obvious choice. LTC really is an obsolete dino coin at this stage. Zcash is similarly obsolete (XMR is still the coin of choice for the dark web), but due to its small market cap it was a good candidate for market manipulation. Small but recognizable. Claims to be fairly launched even though it has a 20% dev tax. There's a chance LTC will be artificially boosted in a similar manner, but I doubt it. It's already so big that it's much harder to give it enough momentum for escape velocity like they did with zcash.

lite_hause

got it. most litecoiners like bitcoin and own some, too. LTC and BTC are the only two cryptos I care about. They’ve always worked hand in hand and LTC’s privacy feature is interesting

Awkward_Potential_

I mean, BTC. But I'll trade other shit for cycles. Right now ZEC is the trade.

Initial_Note_5987

I can add BTC GoMining Token USDT or USDC but all my funds for it are held on their app before being loaded onto the card

finepnutty

Bitcoin trades with the market, if market goes down 25% BTC will be down 50%

ihatearguingonline

Here's the issue: LTC has no moat whatsoever. It's not the best at anything. If you want the most trusted store of value you go with BTC. If you want a next gen, fully scalable, fast PoW chain, you go with KAS. LTC sits in this awkward middle ground where it's inherited good tokenomics but no compelling reason that people should expect others to keep investing in this technology.

FitCompetition1804

Before I actually educated myself and started stacking for real this February, I bought some BTC on Moonpay via Trust Wallet (lol) to pay for IPTV service and a few other subscriptions years back.

cocacola0102

Basically in the same position. Have a couple of hardware wallets I bought 3 years ago, so probably fine given if they weren't I'd likely have been drained long ago. But the risk is out there. If one of them were to break (leaving me only one hardware device I can 'trust') I'd have to have a serious think about what to do...probably involving moving a decent amount to a CEX and/or reducing my overall crypto position substantially. Honestly surprised BTC hasn't tanked on this news.

rocket_beer

bc it’s not the right time to spend them yet USD is still the world reserve currency Once BTC is, then it will be useful in that way

Alyanah22

Let’s see how BTC performs in the coming weeks.

Mindless-Apricot-235

I bought a SSD on Amazon with BTC when BTC was ~$130. Guess how much is the SSD worth now.

Wellyeahso

How did you find a roofing company that would accepting BTC?

Wellyeahso

How did you find these properties for sale for BTC?

JunkBondJunkie

The other person the best BTC he bought.

Homelanderthe7

Why only BTC? You can buy any shitcoin and sell tax free after one year.

bigcoumbe

Strike You need about 2X the amount of BTC to protect yourself from liquidation but there’s lots of options.

truecakesnake

Finally, some old-school Satoshi-era BTC in motion!

Pristine-Bat-4258

4.27 BTC for 550 dollars, that phone screen crack is probably from throwing it after seeing today prices

Good_Extension_9642

I heard someone bought a compromised ledger wallet from a third party, then bought 60 BTC at the bear market, now he had over 1 million and it just got drained 😬

Beneficial_Bad2490

Seeing 4.27 BTC priced at $128.70 each is a uniquely painful screenshot now

dj_destroyer

4.27 BTC is like half a million Canadian dollars...

No_Fuel4693

In jurisdictions where BTC attracts CGT, and every withdrawal is treated as a 'disposal' event, it makes little sense to transact with it, so most just HODL or trade. Transacting in BTConly works in places where there's no-KYC, and/or no CGT tracking (or you're willing to skirt around those two).

Stereo-Gito

I would too but tax laws and most of the things I buy don't accept BTC so I am not going out of my way 

Mr_Mojobaggins

Just sold my first BTC and along with trade in bought a Porsche Cayenne GTS.

papa_autist

Yeah you can buy it, but I was saying the BTC holding amounts can't be leveraged for a margin loan.

MrDryGuy_

"The address spent 200 BTC across two transactions in August 2015, another 100 BTC in December 2017 and 249 BTC in March 2018. The separate 100.02 BTC payment from July 2010 remained unspent throughout."... Nothing to see here ..

jojorabbit11

Meanwhile is a BTC life insurance company completely on the bitcoin standard 🤯

Left_Entrepreneur918

You don’t think AI agents haven’t been tasked with probing BTC code yet? It’s proven unless you have 51% there isn’t a way to crack it. Quantum is the only vulnerability

navetzz

ETH does what BTC does but more violently (goes up harder and goes down harder). However, ETH is also stuck between 1k and 5k while BTC overall goes up. To me ETH is just a buy low sell high kind of investment.

SmellyCummies

Nothing yet. I won't spend any of it until I truly need something that its out if my financial grasp. I've come close to spending some on a car. But I decided not to. Thank God I did because that car would have been around 4.5 BTC at the time. It would have eaten away at me knowing that I should have just HODLed

Interesting-Ad4163

I paid 2 BTC for some substandard stuff on the dark web. It was worth 700 cash at the time.

papa_autist

Unfortunately BTC is non-marginable on robinhood. They only support traditional regulation-T margin, stocks and ETFs are eligible. OP could sell the BTC and then buy an ETF but that would incur cap gains tax costs reducing the borrowable amount and defeating the purpose of the getting the loan.

Ammused-Muffin-6942

Just let it appreciate in value and liquidate when I’m ready to buy a sailboat. I also thought about using BTC as collateral to borrow USDC and use USDC to reinvest into ONyc and profit from the spread but I’m concerned about lending out my BTC.

mossyskeleton

3 BTC worth of party supplies.

Ok_Wrap5233

At this point if you’re investing a substantial amount and unless you’re transacting in BTC there’s no reason not to just buy an ETF through a legitimate broker. Could also help shield profits from capital gains tax in some places.

summitcreature

Does your dad pay rent in BTC? Congrats!

Dangerous-Two-280

Fidelity seems like a solid choice. I’ve been keeping an eye on my own investments too. What's your strategy for BTC?

Omniwatch

War cost money… so they print and BTC moon?

WorryDesigner8152

0.75 BTC for a laptop that died after 6 months is a double tragedy 😭

Ammused-Muffin-6942

Can consider doing the wheel method for IBIT. All premiums are just reinvested into actually BTC. I did the wheel method against SPY and reinvested into BTC. Now I just hold SPY and just sell covered calls.

Ashhh1991

Here's what I did. I sold all my individual stocks and am only invested in BTC and SPYM (SP500). Allocation depends on what you're comfortable with. You can do 50/50, or 80/20, or w/e.

NoTemperature3502

Thanks, that makes sense — looking at it as a percentage rather than a fixed amount is a better way to think about it. For context on my profile: I'm 22, long-term investor (10-20 year horizon), moderate-to-growth risk tolerance. My portfolio is mostly a core of global index ETFs with a few individual conviction stocks, and Bitcoin is a small satellite position. I'm comfortable with volatility but I'm not trying to go all-in on one asset — I've already held this BTC position through a long stretch in the red before it recovered, so I know how the swings feel. Given that, where would you put the percentage for someone like me?

oneawesomewave

No, declaration means anything at all. You'd need to prove you are able to withhold 51% attacks. Crypto like BTC and ETH are powerhouses in terms of hashpower.

Natalie_Fault3286

Interesting strategy. I like that you are being intentional about managing risk and not simply selling calls blindly. Using covered calls and cash-secured puts can definitely generate additional income, especially in a sideways or slightly bearish market. That being said, I think the biggest risk with running a wheel strategy on Bitcoin exposure is exactly what you mentioned — opportunity cost. Bitcoin is one of the few assets where large upside moves can happen very quickly, and repeatedly selling covered calls may cause you to underperform a simple buy-and-hold strategy during a strong bull market. I also like that you keep a separate BTC position that you never trade. Personally, I think that is an important distinction: having a long-term core position while using a smaller portion for income strategies. One thing I would watch closely is position sizing. Options can create a false sense of security because the premium feels like consistent income, but a single large move in BTC can erase many weeks or months of collected premiums. For someone who understands options and is disciplined, this can be a reasonable strategy. But for most long-term Bitcoin investors, simply holding a core position and avoiding unnecessary complexity may still be the better risk-adjusted approach. Curious to see how this performs over a full market cycle, especially during a strong BTC breakout.

crimeo

> Do you mean the smart contracts that get hacked about once per week? I'm not aware of ANY of the major ETH staking pools that have been hacked. Lido Finance, Rocket Pool, StakeWise, etc all have never been hacked and have multiple auditors > You're trusting the contract to allow you to get your coins back at a future date. Having confidence in open source, heavily audited code (and you can audit it yourself too) is not "trust". Trust means having some sort of blind risk or belief without evidence. Open available code has zero trust required. Or even if you do define trust that way yourself to include open source code, then guess what bucko? BTC requires "Trust" then too, by the exact same token that it's open source code that you need to believe works securely. > You absolutely do NOT have full custody when you put your ETH into one of these contracts. Entering into a contract is non-custodial. You do not give up keys, nobody else has control over your tokens except in the ways explicitly outlined in the contract, which you're fine with, since you looked at it and agreed. And these contracts do not allow anyone to go do a 51% attack or blah blah. > Got it, you're worried about a hypothetical future. A guaranteed future by basic laws of supply and demand shown to work for hundreds of years. If a coin doesn't do halvings, then it's a bit more unsure, but with halvings like bitcoin, it's blatantly obvious and guaranteed. > Energy could be purchase in Kazakhstan for pennies of what they're paying in USA, so clearly this is not about energy cost The profit margin just isn't slim enough yet. With more halvings, it is guaranteed to get slimmer, at which point you MUST go to kazakhstan at some point to literally even be able to mine without taking a loss. E.g. if the energy price difference is 4 cents per kwh between the two places, and the margin on mining is only 3 cents per kwh spent mining, then mining in the place that's 4 cents more expensive becomes impossible. Not "non preferable", *impossible*, as you would lose at least 1 cent per kwh not make any profit at all. > Yes mining gives you influence over consensus, but buying a PoW coin does NOT. So what? Again, the equivalent to staked coins is ASICs. Talking about owning PoW coins is simply off topic and has nothing to do with anything I'm saying. Who cares?

NoTemperature3502

In my portfolio, which %% should be invested in BTC and which in the rest? I really appreciate your opinion

polymath_uk_

$218k - $280k by 2030 for BTC. 

hpaynecrypto

Disclosure up front: I’m a Casa employee, so factor in my bias appropriately with this answer. I won’t pretend there aren’t other multisig providers out there (or that you can’t DIY this in Sparrow), but Casa is what I know best, so that’s what I’ll speak to. I personally use a 2-of-3 with my ledger, my phone, and the Casa Recovery Key, plus a 3-of-5 with two Ledgers, a Yubikey, my phone, and the Casa Recovery Key. Both have been running smoothly since I got started at Casa. It sounds like I was sorta like you in that I had been doing a single-sig ledger(s) setup for most of my crypto-lifetime since 2016; don't know if it was luck or me just being too silly to get hacked/compromised but thankfully I have avoided disaster (so far). Every client at Casa has a different setup, what works for one person, might not work for another. The common thread is multisig and the security habits that come with it. To paraphrase Benjamin Franklin: apologies in advance for the long-winded thread, I didn't have time to write a short one. First and foremost, I think its important to tackle Multisig vs. single-sig + passphrase (it sounds like you already are deciding/decided on multisig, but its still definitely worth highlighting some of the pitfalls of passphrase + single-sig). At Casa we emphasize multi-vendor multisig. Keys from different manufacturers mean you aren’t relying on one company’s entropy or firmware, and one bad key can’t move your funds by itself. A passphrase can work **if you treat it like a second seed phrase**, but IMO I’ve seen passphrases lock more people out than they’ve saved. A good analogy for a passphrase single-sig is basically a 2 of 2 multisig (which is super nuts to do if you think about it; one misplaced key or disaster with the passphrase and its all gone). I wrote an article the other week here on this comparison exactly (so I will save myself some words here) => [https://blog.casa.io/is-one-hardware-wallet-enough/](https://blog.casa.io/is-one-hardware-wallet-enough/) You can test a 2-of-3 multisig with Casa free for 30 days using a hardware device you already own (like a ledger) plus your mobile phone. One cool thing to callout here is during the ColdCard incident a couple months back, we had some clients that had a multisig that was entirely ColdCard wallets and no client funds were lost. All those clients did was rotate their compromised keys out while rotating in a new vendor. **How the collaborative part works for a 2 of 3:** Day to day, you sign with your phone key plus a hardware key. Casa holds one key, the Casa Key, as a backup if you lose one of yours or are on the go and need a 2nd signature. It can’t move funds by itself, and it only signs when you request it, after security checks and a waiting period. **Sparrow vs. Electrum:** One of my big selling points to come work for Casa was the idea of sovereign recovery where you can load your multisig vault into either as a watch-only wallet whenever you want. If Casa ever disappeared, you can rebuild the wallet and move your funds in Sparrow or Electrum without touching Casa software. (put some links below to read more) **Geographic distribution:** Regardless of where you go for multisig/your setup, the rule of thumb is to never keep enough keys to move funds in one place (and to generally be mindful of single points of failure, which can exist at different places in your setup). A common split is a home, your office, and a bank or private safe-deposit box. If a key is ever lost or compromised or lost, you rotate it out in the app, which creates a new vault and moves your funds over. A bank is particularly useful because if you are ever marched down to the bank involuntarily, there is probably no better place to be than a bank to grab a key and alert someone (armed guards, cameras, etc). **Inheritance:** To answer your question here quickly, Casa Inheritance is included with every paid membership. Your recipient gets a free account and requests access if something happens to you. I was on a client call this week and one of the things that the client really loved was that they could set up multiple inheritance recipients for their different vaults. So they had one recipient for their 3-key and a different one for their 5-key. Another important thing here that was REALLY important for me when I started working here was the fact this is all no-KYC. I personally pay in BTC, use a proton gibberish email, and got my vault set up that way. Additionally, for inheritance, your inheritors do not need to provide documentation either which is a big plus. (will link more about inheritance at the bottom) For me, the biggest advantage of using a service like Casa is that you can get on a call with someone on our team when you’re stuck, need help, or just reassurance. Last bit, I know you mentioned having a small amount of BTC to spend, one of the things that comes inside the Casa app (not to sound like a total shill, but I literally can speak to this option the best) is the Casa Pay key. Its a hot wallet (single sig) that you can use for everyday transactions/etc. read more about the pay key here: [https://support.casa.io/knowledge/casa-pay](https://support.casa.io/knowledge/casa-pay) If you want to do your own research, here’s where I’d personally start: * The Casa blog (lots of good nuggets here imo) => [https://blog.casa.io/](https://blog.casa.io/) * Multi-location key storage: [https://docs.casa.io/wealth-security-protocol/chosen-features/multi-location](https://docs.casa.io/wealth-security-protocol/chosen-features/multi-location) * Moving keys safely: [https://support.casa.io/knowledge/moving-to-a-new-home-and-your-casa-keys](https://support.casa.io/knowledge/moving-to-a-new-home-and-your-casa-keys) * Replacing a lost or compromised key: [https://support.casa.io/knowledge/key-rotation-replacing-a-key-in-the-casa-app](https://support.casa.io/knowledge/key-rotation-replacing-a-key-in-the-casa-app) * Sovereign Recovery with Sparrow: [https://support.casa.io/knowledge/sovereign-recovery-with-sparrow-wallet](https://support.casa.io/knowledge/sovereign-recovery-with-sparrow-wallet) * Sovereign Recovery with Electrum: [https://support.casa.io/knowledge/sovereign-recovery-for-bitcoin-vaults](https://support.casa.io/knowledge/sovereign-recovery-for-bitcoin-vaults) * Inheritance: [https://casa.io/inheritance](https://casa.io/inheritance) * My piece on entropy and multi-vendor key generation: [https://blog.casa.io/what-is-entropy-a-plain-language-guide-to-how-your-bitcoin-keys-get-made/](https://blog.casa.io/what-is-entropy-a-plain-language-guide-to-how-your-bitcoin-keys-get-made/) Hope that helps, and good luck with the migration. If there is anything I can elaborate on, just lmk and I will do my best to get back to you.

Queasy-Ride4291

You are and will continue to do so. Your rent/mortgage doesn’t take BTC. Your utilities don’t take BTC, your car doesn’t run on BTC. Your local grocery chain doesn’t have a lightning wallet. 

seckkesketch

0.1 BTC worth 0.1 BTC

Zestyclose-Dish-407

You can’t spend BTC. That’s one of the problems.

skydiveguy

I bought a Ledger from them with BTC, back when BTC was supposed to be a payment system and not a store of value.... BTC was worth about $1000 back then.... that was the most expensive Ledger ever sold.

Wu-Kang

It’s just marketing to get you to make Cash App your goto BTC app. Then they make money on the spread and fees when you buy.

jasonslpt

Prima di vendere controlla se puoi ancora scaricare lo storico ordini da Binance. Anche senza le ricevute originali, l'export delle transazioni con data e prezzo di acquisto spesso basta per dimostrare il costo medio, e cosi paghi la tassa solo sulla plusvalenza invece che sul totale. Se ETH e ancora su Binance, conviene fare lo scambio ETH/BTC li e spostare direttamente BTC. Vale la pena chiedere a un commercialista prima di muovere tutto. Non e un consiglio finanziario.

wetokebitcoins

next goal.... 0.21 BTC..... GO!