BTC

Detstar

Genuine question, how does this argument apply to BTC funds like FBTC and IBIT?

TheNicestRedditor

Damn I forgot about BTC-e too 😂 I think I had moved there after Mt Gox and was able to see the red flags and got out of there before it went down too.

Mistr_man

BTC is propped up by useful idiots and criminals. BTC to zero. Good riddance we should have never allowed shadow money for the billionaire pedos. Every1 who got caught in the crossfire hope you learm from this

CryptoBrown87

Why do you think it's better to buy BTC ETFs than to buy spot BTC and do self-custody?

ImoutoCompAlex

That’s why you don’t listen to everyone and just look at the charts and where we are in the cycle to project where to take profits. Don’t obsess over timing the top just right and sell off level by level. I took most of my profits when BTC was at 115k. I missed a lot of upside but at least I don’t get trashed when the market goes red.

TheNicestRedditor

I (luckily) was just a poor teenager that really only got involved with Mt. Gox to scalp BTC and never made any purchases on SR. Of course I was curious enough to visit and learned how to do so through Reddit. I had fun window shopping all the drugs and weapons wondering if people were actually ordering that stuff. In hindsight I’m glad I didn’t order anything it definitely seemed too good to be true - it was like Alibaba but with illegal stuff.

halt_spell

> In order for BTC to really explode, there needs to be mass adoption. At face value, the average consumer in 2026 is simply not tech savvy enough to navigate the exchange, conduct transactions, and manage cold wallets. Bullshit. Self custody isn't that hard. You just follow the rules.

DBRiMatt

BTC has dropped below 100,000 Dollarydoos! There will be no steaks on the barbie today. Can still drink beers and stack sats though! 🍻

SpeechCompetitive363

I been meaning to post about this kinda. Warning others DO NOT USE CASHAPP TO BUY BTC. They froze my holdings and i had to sell! I couldnt transfer it out to another wallet they made me sell it at current price which then was $80-85,000 so i made a lil bit and was really upset that i couldnt hold it in another wallet but with this drop i just bought the dip. Tl;dr DO NOT USE CASH APP TO BUY BTC

Radiant-Locksmith267

Well, I kind of fucked up already and threw a whole lot towards another coin. More than I ever have actually. I did buy a bit more of eth so now I have 1 full coin. For BTC, im not buying anymore unless it goes lower than my current average which is just under 50k right now.

noviwu97

I made lots of money going heavy-BTC portfolio in 2023 with average buy of $20k and sold 80% with average of $110k. Back then it's still niche to be heavy BTC, heavy ETH was much more common in retail. Which is why when BTC outperformed ETH, lots of people were sidelined and forced to buy high. ETF buy pressure also helps a lot. But now, heavy BTC has become the consensus. Consensus trade rarely bode well in crypto 

hoppeeness

I think that is nearsighted. I think bitcoin will actually devalue. This round has proved it. Most of golds and silvers value is not in peoples personal custody. It’s in the market. Why have BTC. I think this is the rotation to utility alt coins. Bitcoin is not needed..especially with Epstein. It’s proven it is comprised from its OG value. To whatever Walter warned for gold/silver/dtc.

Osobnost

The author is a newbie, which actually means he can easily use a smart DCA strategy on every dip. We are currently about 45% below the ATH, so with this approach he can realistically achieve a 100% gain once the price returns to ATH. Whether it takes one month, one year, or four years does not really matter. Where else can you realistically get a 100% return even over four years? On top of that, he has a much easier position than we do. My average price was 29k before the drop and now it is around 49k. So even when I buy during dips, I am increasing my average price. That is simply my strategy. If the author splits his capital into at least five parts and buys after every 5k drop, he can be profitable quite easily. It is simply HODL combined with a smart DCA strategy and requires almost no time investment. If you want higher returns, you need to move to smart automated trading, which requires a bit of your time. If you want even higher returns, you must dedicate all your time to manual trading, because it is a full time job. As long as BTC is under 1M, it is always a good time to buy.

Qrewpt

This take is overly optimistic, and I think that's being polite. BTC doesn't need hype cycles? I dunno about that. BTC was invented after the GFC, it's barely seen any cycles, never mind knowing that it will survive them. Let's first see if $mstr even survives prices at current levels. At best there is some probability you are correct...and some material probability that you are wrong. This is the only thing we know as fact.

mbingtx

I lost 100x more BTC when a hacker got into my wallet, than I did from exchanges going bust... But it easily could have been the other way around.

Larry_l3ird

We’re getting closer to the event I’ve been predicting since BTC took off. I can almost taste it. Although to be clear, I’m not rooting for it - It’s going to be painful for the least sophisticated and some of the most fervent supporters. We’re gonna find out who’s caught holding the bag soon. We already are finding out to some extent right now. Michael Saylor and Microstrategy will certainly be a large part of the final collapse.

Anxious_Noise_8805

Mtgox, cryptsy, BTC-e, mcxnow, so many awful cases

nugymmer

That’s the spirit. Let BTC fail if it cannot sustain it’s own ethos.

nugymmer

What’s nuts is scaring the absolute fuck out of BTC holders who have their tokens in cold storage. Leave it as is. If someone gets quantum hacked and lose their tokens it’s up to chance. Rest assured if they go with option B I won’t buy BTC, let’s put it that way. Why? Because it goes against the entire ethos of crypto and being your own fucking bank.

Pitiful-Excitement47

All cyrptos follow BTC price. Look at any time period and compare it to btc, theyre all virtually the same. The charts look the same with the same candles to some degree. With the exception of XRP, which largely follows btc but does its own thing from time to time.

Common-Letterhead487

>So whatever I paid for the Bitcoins I just want the difference between the entry and current price I think that’s very fair. You want the to invest with all the benefits but none of the risk, unfortunately that’s not how it works lol. Kraken isn’t gonna give you all the profits when BTC goes up, and the take on all the risk and loss for you when BTC goes down, that has to be one stupidest things I’ve ever heard.

nugymmer

This is the “no shit Sherlock” that I have been trying to get people to understand. But most only GAF about THEIR BTC not someone ELSE’S BTC.

nugymmer

Option B is fucked. If someone can reclaim their BTC and sign a contract not to sell their BTC for several years and at a slow pace, it will be fine for option A.

nugymmer

And option B will also badly affect BTC. Neither option is good but option B is IMHO much more fucked as a general idea than option A. Why not go back to CPU mining???!!!

braamdepace

Get to know your future self and then transfer them the BTC

hyper24x7

I have a mix of both. If I want to buy $5 of BTC I use one of 3 places. Still have non exchange wallets that have never been linked to anything, etc. idk if its gatekeeping per se but someone buying BTC has to go to a place that easily lets them convert fiat to crypto without seeming sketchy. So Coinbase, Robinhood, Cash App, etc they can move it to another wallet for self custody whenever but it has no utility there. If you want to eventually cash some out will eventually have to move it back.

AutoModerator

Post is by: Rare_Rich6713 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1qyu3dn/why_im_only_buying_btc_this_cycle/ I’ve been thinking about this a lot lately and honestly buying only BTC right now feels like the smartest move. Nobody knows when the bull market is coming back. Could be months. Could be longer. Trying to rotate into alts early feels like guessing the weather six months ahead. You might get it right, but most people don’t. Bitcoin is the only asset that doesn’t need hype cycles to justify its existence. It’s the base layer. Institutions accumulate it. Governments talk about it. ETFs exist for it. When liquidity returns, BTC moves first. It always does. And if you can stake it in a trust minimized way and earn yield without giving up custody, even better. You’re not gambling on narratives. You’re compounding the strongest asset in the space while you wait. In uncertain markets, simplicity wins. DCA into BTC. Sleep well. Let time and math do the heavy lifting. If the bull comes back, you’re already positioned. If it doesn’t, you’re holding the one asset that has survived every cycle. Sometimes the boring play is actually the high IQ one. *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.*

Conroy119

Self custody is my favourite parts of BTC. Its not that hard really once you've done a few transactions.

Miserable-Nose-1533

'**Or tell me why you still enjoy the anxiety of being your own bank.'** Stop projecting. I'm not terrified at using it at all. You are just incompetend apprently. It's good that you recognize that and that you want to offer another organisation the power over your BTC. Good for you. What gives me anxiety is my money in the hands of another weird entity that can block it on a whim. I've had my bank account frozen for a few weeks. And I'm not even anywhere close to being considerd an enemy of the country I live on or anything. It was an error on their side. You haven't understood anything about this movement. Clearly. Don't come here and pretend you have figured something new out there. There is nothing wrong with using banks. But dont pretend it doesn't come with trade-offs. :)

Guilty-Log6739

What a brain dead take. There’s a reason people advocate for self custody so vigorously. Your transactions in BTC are irreversible. Period. In light of that alone, you should keep funds that you don’t intend to trade immediately in cold storage.

Puzzleheaded-Nose329

Sure, you can do that if you enjoy paying $20–$30 in withdrawal fees and waiting for confirmations just to move your own money. That’s exactly what I’m talking about—the 'old way' of doing things is a massive drain on your capital. By the time you buy on [Crypto.com](http://Crypto.com) (which has huge spreads) and pay the gas to move it to a Trezor, you’re already down 3-5% on your investment. Most of the 'pros' in 2026 aren't doing that anymore. We keep our active trading capital on top-tier platforms with institutional security and zero-to-low internal fees. Why pay a 'paranoia tax' to move BTC to a plastic stick when you can keep it on a liquid exchange and actually use it for launchpads or yield? I stopped using the 'buy-and-hide' method a long time ago. I’ve got a breakdown on my profile of the low-fee setup I use now instead of overpaying on apps like Crypto.com. Check the math before you waste money on those fees.

Sunset_Dreams7

Can someone help me? Can I buy BTC on crypto.com and move it onto a Trezor? Is this how everyone else is doing it?

usa_reddit

Don't the whales own around 40% of BTC?

Creeping_Death_89

I was one of the many people that had BTC in a retail investment account when the government made them drop crypto to qualify as a “real” bank. It was gone for about a week and then I got the information about the Blockchain.com account that was created for me where my BTC magically reappeared. The only other option was to liquidate the account all the BTC in the account.

Unbalanced_Acctnt

I think this is what is missing for a lot of current BTC holders or at least social media posters with a fear of self custody. A driver for the whole idea was freedom and self sovereignty. To get away from institutional control of your money. I dabbled in 2021, and it really clicked for me in 2024, so I haven’t been around long, but I do get the self sovereignty goal. I think many just look at it as another ETF investment when it was meant to be better $$. If self sovereignty and freedom are the goal, self custody is critical to the process. If you only hold BTC for NGU, then maybe it’s not that important.

I-Clap-easily

1: Tell her that her money can go to $0; this tackles the first question. 2: Honestly, if she wants to invest in BTC so badly and can put in a certain amount of money without affecting her usual expenses, I don’t see the problem. 3: Delete all apps where she can see her money going up or down. Ideally, you don’t want her to be updated on the price in any way but if she keeps asking, show her the chart. Seeing a big crash on the chart hurts mentally less than seeing her whole portfolio in the red.

Sad-Pain-795

You buy Bitcoin because it's the only asset where you are guaranteed 100% ownership if done right. What are you talking about. Yes, self custody is scary and it's a hurdle in terms of mass adoption. You are free to keep in on the exchange, but please don't come here saying that's better than self custody. That's just ridiculous. Exchanges are notorious for freezing accounts. Your funds can be blocked, they have power over your money. Sounds familiar? Oh yes, that's what banks do. And why do we buy Bitcoin (one of the reasons)? To break free from the fiat system. We can't expect everyone to self custody their BTC, that's understandable. Leave it on the exchange at your own risk.

watch-nerd

BTC hasn't been tested in a real recession in the modern era.

watch-nerd

Nope, bottom is not in only 50% from ATH when tech stocks are going to continue to get haircuts as AI bubble starts to unwind. Gold ETFs have replaced BTC as the true 'digital gold'. Clarity act already priced in. No narrative left to go higher.

Crytid_Currency

Now would certainly be a good time. Do NOT try and trade BTC. Set a timeframe for yourself 4-10 years minimum. Hold and DO NOT sell before that time. Even if you are underwater. BTC requires conviction.

Chance_Strategy_7777

For me, I was buying on Kraken and River and using Trezor to self custody. I decided to just move it to Fidelity and let them safekeep it for me. It was much easier to centralize along with my other holdings as well as have improved UI and reporting. Say what you want but Fidelity is not some fly by night exchange and I’m confident having my BTC with them

bsiu

Can’t wait for the next week update: “my mom invested $200k into BTC right before the dip to 30k and now she wants to disown me.”

Easik

Well this is the dumbest thing I've seen in a while. You have unsubstantiated claims that Binance is insolvent and you go out and buy paper BTC that isn't backed by BTC AND you can't take it off the exchange.

dopesmokinchicken

You are right. The only thing propping up BTC price is the emotions of the suckers buying and owning it. People are crazy!!

n4s0

As someone who has lost BTC due to CEX. This is not true. Do your homework and keep your BTC safe.

Puzzleheaded-Nose329

Bringing up Mt. Gox and FTX in 2026 is like saying you’ll never fly a plane because of the Wright brothers' crashes. Those failures are EXACTLY why top-tier exchanges today are safer. They paved the way for Proof of Reserves, multi-billion dollar insurance funds (like SAFU or Bybit’s Protection Fund), and strict regulation that didn’t exist back then. You say 'Not your keys, not your coins' like it’s a magic spell. But tell me: how many people lost everything because they misplaced a piece of paper or got phished on a 'secure' cold wallet? The stats show that **user error** is a much bigger threat to retail than modern exchange security. And about my profile—yeah, I look for the best deals and tools. That’s called being a smart trader, not a 'shill.' I’d rather have 24/7 security and a $1,000 bonus than feel morally superior while my 0.1 BTC sits on a plastic stick doing nothing. Keep your keys if you want to be your own bank manager, IT department, and security guard. I’ll stick to the pros and focus on actual gains.

KateR_H0l1day

Well, he got my money everyday last week, and I’m sure he’s going to spend it, tomorrow he’ll tweet about orange or green dots. And Monday, we’ll all see where he put my money to work for me, personally hoping it’s an orange dot, but green is good. And Monday, I’ll start buying again, depending on how BTC performs over the weekend!

JKimRX

In order for BTC to really explode, there needs to be mass adoption. The average consumer is simply not tech savvy enough to navigate the exchange, conduct transactions, and manage cold wallets. Retail investors (general public) are indeed better off paying a management fee to Fidelity or Blackrock to purchase spot ETFs, since they will otherwise never contribute to the overall BTC market cap. However, as with any investment they should at least try to learn about the product they’re investing into, which include self custody. Paired with increased UX improvements, hopefully more and more people eventually move their money out from institutions and into the decentralized network.

Karakondzul

I think now 0,000015 BTC = 1,30 USD

watch-nerd

Ditto. My BTC open buys are in mid-50s and go down from there. I'm delta 60 on ETH, getting roll yield on contango.

Atidamaanthony

So do we have people who still believe that BTC is scam

angelwolf71885

If you bought on an exchange like Coinbase or Robinhood then YES BTC is very traceable CB requires an ID and photo of your face to send coins and you gotta submit the same to get an account and RH requires them to sign up so you can be traced toa specific wallet and the sent to wallet can be tracked from there so even if the coins leave the exchange into “ self custody “ they can still be tracked and tied to you

Ill-Bank-2180

Did anyone else miss taking profits on BTC? Damn I went in big around 20k have .89 BTC and plan was to start taking profits at 135k . Just missed it oh well I didn’t sell , but now I’m thinking I can still sell to rebuy more but that whole timing the market thing gets me nervous . I’m a pure DCA and hodler not a trader . It would my luck as soon as I sell Bitcoin rips to another ATH .

vdchld

And perhaps get a proper asset allocation in place before putting it all into BTC?

SaulMalone_Geologist

Honestly, I don't dig deep enough into financial news to know the best words for one specific 'tweaked' or mixed strategy or another. All I can say is I buy both some BTC and some VT with every paycheck, and I cannot tell you the last prices I paid on either, cuz I don't really care. For me, I looked back at my numbers a few years back and calculated that I'd come out of all my 'momentum trades' with more cash than I'd started with -- but if I turned that back into BTC, I'd almost always show up having *less* BTC after all my moves than if I'd just held on. ...Then I started thinking about it like -- if I'd dropping in $500 a week into 'boring stocks' and 'boring crypto' (BTC), what happens if I hold off a week for a massive 10% drop? Sweet, it's like I invest an extra $50. Which is cool, but... if I get it wrong, and it shoots up, it's like I only invested $300 that week (making up some numbers here). I just got burned too many times over the years by trades that looked like they made a great profit til I sat down and looked at how much effort I'd put in, and how much I'd be sitting on if I 'just didn't worry about it' and did my usual DCA.

82_AK

My average is around 110K. I think I'm in the same shit as those who bought at 13K and BTC dropped to $3K in 2019 or those who bought at 61K in 2021 and BTC dropped to 16K in 2022. Most likely won't longer invest but also not going to sell. Let's see where we will be in 2027.

JohnnyStrides

lol I kind of liked the last cycle, the lack of alt season was a nice change. The real-world use cases of blockchain and crypto aren't materializing as people though... BTC is a super volatile one-trick pony but it's the one we've actually adopted. ETH handles all the other pipedream functions of crypto well enough to be relevant. Everything else are just shitty pennystocks even if the underlying tech is superior to the big two.

BTCMachineElf

At 100K BTC, that's $15. At the current price point it's about what 9? For someone DCAing a hundred bucks, that is a huge percentage of their buy. Strike has free withdrawals for amounts over $70 or so.

dweeegs

He hasn’t been using convertibles for quite some time. His STRC product hasn’t raised THAT much money (relatively) and they have 2+ years of cash to pay for dividends and will just issue shares to pay for more The giant majority of his capital is raised through issuing MSTR shares. Which doesn’t really care about credit worthiness. He only cares if he can increase the BTC/share. The only thing that impacts whether they can keep going is if his mNAV stays above 1. Once it’s below, it’ll be a spiral I’m confused why you think he’s a credit risk or why his line of credit matters. People can have whatever opinion they want about issuing shares to raise money but it’s given them a lot of cash with very low debt and will probably keep going He rode out 2022-2023 when he was underwater too and then went on to not sell and the stock make new highs

nafnaf0

Yep, the 4 year cycle has been remarkably accurate. I am always surprised how many people are surprised by this and always think "this time is different". It can be different in small ways, but by in large it is same. The 4 year cycle peaks have been very consistent: Nov 30 2013, Dec 17 2017, Nov 10 2021, and Oct 7 2025. If you just get back into the space 2 years after the 4 year cycle peaks and then make sure that you leave before it peaks you would have done very well with BTC over the last 15 years.

Karakondzul

0,000015 BTC fee. Its not so high

Owens_Lucy

I think there was a peak moment when everyone was discussing it in my circle back in 2017. They be like: 'Did you hear that new crypto thing?', 'BTC is 5k im gonna buy and flip it'. Everyone was talking about it as an investment. And it was such a mysterious thing that came out from nothing. So I decided to get in a hype train with them and bought some of it and other coins as well. To this day still hold some of it.

nafnaf0

The 4 year cycle peaks have been very consistent: Nov 30 2013, Dec 17 2017, Nov 10 2021, and Oct 7 2025. If you just get back into the space 2 years after the 4 year cycle peaks and then make sure that you leave before it peaks you would have done very well with BTC over the last 15 years.

Hitem20

I have been DCA'ing BTC for close to 8 years and will continue to do so. I have put most of my savings into STRC (use the monthly payments from that to buy more BTC. I then buy BTCI and BLOX weekly and let those snowball. I embrace the volatility of BTC with my DCA and feel the same with my BTCI and BLOX

HighGuyInLV

That doesn’t sound accurate if they started buying nearly 8 years ago.. But 1 BTC is still worth 1 BTC. You don’t profit or lose until you sell.

Revolutionary-Rub103

\- Stick to BTC and ETH or diversify between the largest altcoins (The larger altcoins should have heavier weight). \- Dollar cost average \- Don't look at short term movement and don't get excited or scared. \- Stick to the plan

Ok-Sympathy9768

I lump summed at 3k .. and again at 16k… my goal was 10 million.. I lost all perspective..watched well over a million in profits dwindle away because of conviction .. so pissed and regret I didn’t sell at 100k.. started offloading in tranches- a chunk at 90k, then 80k, then 75k, and the last of the stack at 69k( except for a minimal amount in a ETF-IBIT).. that’s it, my btc journey concluded this past week..a little sadness and feeling a depressed never was able to hit my btc 10million goal… but not hodling through another BTC winter.. had to take profits and live life…

CyberCrud

Not on a 4 year BTC cycle.  It's disingenuous.  November 2022 to October 2025 cycle was 635%.  S&P was 81%.  Literally cherry picking.  

jaimewarlock

Are you just trying to solve the tendency of mining to become more centralized? I don't think that is a big worry anymore. Centralization of mining was more of a concern when the biggest worry was a concerted government attack by one or more nation. Even coins that use multiple POW algorithms to spread out mining like Myriadcoin aren't doing that well. You also have GPU only mining like Ravencoin that discourages centralization. They aren't doing that great either (although I think they will survive in the long run ... barely). As for the major coins like BTC, mining facilities have strong incentives to be honest even if they become too centralized. Last, decentralization isn't just about mining on a certain coin. The plethora of crypto coins is a form of decentralization too. Successful attacks on top coins would just result in their hardening and even forking. Like cutting off the head of a hydra, you just get several more.

blakjak42

I don't understand. You were watching the BTC/USD price chart for your candles, right? So how do you feel any relief? You're still on the same board, same candles. You just switched which color you're rooting for. I don't mean that as any kind of dig about your decisions - I'm just pointing out that it's STILL harder than you're saying. It used to be "The only way to win is not to play", but once you're aware of this game, you realize you're already playing.

jenya_

> whose BTC did they send? Those are virtual BTC inside the enchange (exchange says you have some BTC on your exchange's account). They only become real BTC when you send them from the exchange to your wallet.

CyberCrud

Picks the bookends of crypto winters. Calls it underperforming.   Here I'll fix it for you: BTC Nov 2022 bottom to October 2025 ATH: 635%. S&P 500 over that same date range: 81%.  Not even the same ballbark. Learn the cycle. 🙄

CyberCrud

Picks the bookends of crypto winters.  Calls it underperforming.   Here I'll fix it for you: BTC Nov 2022 bottom to October 2025 ATH:  635%. S&P 500 over that same date range:  81%.  Not even the same ballbark.  Learn the cycle.  🙄

friendsandmodels

Same everyone will say: just stick to BTC/ETH and dont touch alts. If you absolutely want to go full degen, i can PM you an alt you can dyor on

OkZucchini5351

ETH would have to pump to $9K to even match BTC's top. It's over 50% down from its 2021 ATH for fucks sake.

AlexWasTakenWasTaken

Hmm.. I hope you don't take this the wrong way, but your reply is a good indicator for me to keep stacking my sats. BTC is maturing to become a boring asset and I'm here for it. I agree crypto in general is headed down an unsure path.

baIIern

Nope, I took profits and put everything in stocks which performed a bit better than Bitcoin lately 😅 I'm not even sure if I'll go back into Bitcoin because I don't see a narrative for a new ATH 🤷‍♂️ Maybe if it drops to 30k or so. Even the stock market seems risky. If there's a crash, BTC will dump even more

Unique_Examination24

If you want to diversify with crypto I’ll recommend about 10% of your portfolio into it. It is extremely volatile and we are in a bear market. Right now BTC is at a good discount but no one knows where the bottom is. You should start with DCA until you find a level you feel comfortable with

nickoaverdnac

“Miner fee crisis” is basically a boogeyman. Bitcoin already has a real fee market (it spikes whenever demand spikes), and if mining ever got less profitable, some miners shut off, difficulty drops, and things rebalance — the chain doesn’t just “run out of security.” A 51% attack is even more far-fetched: you’d need an insane amount of ASICs + power to out-hash the whole network, and even then you can’t steal people’s BTC — you can mostly just try double-spends / cause chaos… which would nuke the price and your own profits.

sluglife1987

I bought Tibbir in February for around 20 million market cap and sold between 350 and 250 million marked cap, still got a small moon bag and will likely add to it when I think BTC is bottoming. But yea the alt coin market is horrendous but it was very obvious it was going to be a big bust. There is no innovation happening and no real world use. Compare that to the innovation that’s happening in the real world…. Robotics, AI and medicine the difference is night and day. Iv tried to argue my case many times on Reddit and mostly just get downvoted.

OpticallyMosache

And rebalance every few years. At the peak, BTC became 50%+ of my portfolio. Sold a chunk and brought it down to 25%. Now at these lows, it's headed to 10%.

Trentonhawk

Hopefully we hit bottom and now is a good time to stack your crypto bags, especially in regards to BTC. On Thursday February 5th on Jupiter Exchange (A premier Solana DEX) when the market was really crashing Bitcoin fell to $67,308. I was shorting Solana with Perps and saw it first hand. At around $69,500 right now that's a $2200 swing up from the low. Solana flash crashed to $67.56. I shorted SOL with 75x leverage from $97 down to $70 before I pulled out of the Perp. All I can say is that is the first time I made serious money on crypto crashing. I have to say this about Perps with high leverage, unless you are prepared to stare at charts for hours and possibly be liquidated regardless its not for the faint of heart. Definitely a stressful way to play the game. Let's hope that we rebound from here.

Stalva989

Hey I feel you honestly and totally respect the outlook as well. Financial trading is so interesting to me because You’re 100% right to a large degree yet so is technical analysis… it’s base upon probabilities so not meant to be definite although most people preach their TA that way. In my experience, I find TA to be extremely useful for price prediction but I haven’t for the life of me figured out how to use TA to predict timing so I’ve made many wrong decisions out of impatience. Many people looked at me like I was retarded in October of 2021 when I said I was waiting for 15-20k entry to get back into BTC. The TA ended up being almost dead accurate. Same TA protocol has been telling me 45k for a long time. I personally think it will be a flash when it’s that low, for less than day and maybe even a couple hours only. Anything in 50-60k is an amazing opportunity in my opinion. But truthfully typing it all out makes me rethink it bc I know TA isn’t right every time and the last time it was practically 100% right LOl. It’s due to be incorrect

ComprehensiveSlice42

Are you new to BTC? It can still easily go down in the next week

Ok-Sympathy9768

I capitulated.. but can’t go broke taking a profit.. this was my 3rd BTC cycle.. it was a good run, pissed at myself for not selling at 100k.. bled off well over a million in profit because of deep conviction..never hit my 10 million goal, but I’m not hodling through another winter.. it’s just different this time because money that was initially invested was money that I was ok losing .. today not so much the case .. it was time to take profits and enjoy life…

Atidamaanthony

If BTC hit 30k , how much will other coin be because they move x2 down when BTC drop x1 down

Akugen1

Your mistakes 1. All in 2. Emotion 3. No exit plan BTC will have another scandal in the coming days

Jumpy_Divide_9326

Nice pair....of BTC of course!

albertosvaquero

😂 “Larry” is a legendary name. Real talk: when you feel overexposed, rules are your best friend. One simple way: decide a max % of net worth in BTC, then DCA on schedule only, and keep a “dry powder” bucket for deeper drawdowns. If you want, tell me your rough risk tolerance (low/med/high) and I’ll suggest a simple tranche plan.

nicholasnichols0000

Cardano was never meant to compete with BTC. It is meant to compete with ETH. 😂

Independent-Sell-217

I appreciate the debate and totally respect that we have different outlooks on this. However, I don't believe Technical Analysis is a guarantee. If it were the 'holy grail' people claim it to be, we wouldn't see ten different analysts drawing diametrically opposed conclusions on the exact same chart. The reality is that the vast majority of retail traders using TA fail to make significant gains because they ignore the underlying plumbing of the market. While people are staring at lines and waiting for a $45k-$55k bottom that may never come, the on-chain data shows a massive supply shock in the making. We’ve seen over 50k BTC leave exchanges this week alone. When institutional whales and funds like Binance’s SAFU are aggressively absorbing spot supply, 'support levels' become irrelevant. Fundamentals and liquidity always eat TA for breakfast. I’d rather follow the money leaving the exchanges than wait for a chart pattern to confirm

Sufficient-Chef2678

Nope, sell everything, BTC is cooked

Own-Character395

That sounds believable, but - [BTC v GLD 5y Graph](https://ibb.co/5gnYH0Yw][img]https://i.ibb.co/RkBhwFhd/Screenshot-20260207-101231-Chrome.jpg) If it were people piling into and out of risk assets I would expect gold and Bitcoin to go in the same direction?

Imagination_Drag

How can you literally take BTC seriously when every “use case” that the fanboys cite has been proven wrong? The only “fundamentals” it has is scarcity. Thats it. It’s not even good for criminal activity (dang public ledger) So no real fundamentals. Other speculative assets (gold and silver and stocks) have real fundamentals so atleast a true floor exists.

77sleeper

This, kinda, BTC moonshots are over (I think) short term might 2x but might halve. If you are so tight 200-400 is your limit i would do a roth with spaxx for liquidity or a high yeild savings until you have more consistant/free money. Just an opinion, not advice.

Own-Character395

I've been holding BTC since 2018 and bought most in that cash. Held through the next without buying or selling. Put my first buy in years on Thursday - unfortunately only a little money thinking I would be averaging in over a couple weeks. Maybe I still will be The thing is both those previous crashes had clear reasons. People over reacted, but there was a narrative driving it. This time? No one seems to know

AlexWasTakenWasTaken

Risk is pretty low right now, so my strategy is investing quite a bit more into the market compared to the average. It's hard to put my funds into BTC right now given the knot in my gut but when I think about it, it's better to be investing the dry powder I accumulated during the market highs right now instead of holding onto it.

brianmonarch

Sounds like something a Bitcoin Maxi would say. A lot of people think that there will be a utility bullrun in the future. Something bitcoin does not really have. I’m guessing bitcoin isn’t going away and this is a moot point. But the other coins do not depend on bitcoin. They follow it right now. But if it went away, do you think Ripple would just stop their business? Do you think Solana would just stop? HBAR? They’ve been working on these projects for years.. over a decade. BTC is not necessary for the other coins to survive. I think most people would agree with that. Even people who only care about bitcoin. I don’t know where you got that idea from. Sounds like you’re in a vacuum chamber of bitcoin maximalists.

Megatronsgroin

Ah, the bulls propping the market up again. Love the stories of all the winners out there. LOL. It isn't a win until you leave the casino. And I know of a few who on paper were very wealthy. "were" being the operative word. ll check back in 2028 and see how life is treating you then, my bet is you'll be back into reality when BTC falls to its real value and you're caught out - jack squat.

realnzall

If I did my math right, 1.4 million BTC (it was 695 people who were given BTC, not 650) is not quite 10% of all BTC that's still active on the market (20M mined, but around 4M inaccessible due to lost wallets). But the articles I found all were talking about 620K BTC handed out. So either someone can't do math, or someone was lying.