Reddit Posts
How do you manage taxes with DCA, or other transactions? Seems like a PITA
I did something i thought was impossible 4 years ago.
Bitcoin Adoption - The Story of AI Centers, the Trojan Horse
Why is XMR performing so poorly in comparison to the market?
Your Dice Are Not as Random as You Think ! (BTC is screwed! 😂)
Price volatility, is there something I am unaware of?
I backtested 42 public Freqtrade strategies on 8 years of BTC data. 33 lost money.
I backtested 42 public Freqtrade strategies on 8 years of BTC data. 33 lost money.
Analyzing the Recent Run - Leaders vs Followers
BTC rockets past 73,000, annihilating billions in shorts!!!
Any sensible take to someone without any exposure to crypto?
Brian Armstrong accidentally slips that the BTC bottom will be on October.
Did a 4-day rally just convince everyone the 4-year cycle is broken?
Most altcoins are still lower against BTC than they were at the 2022 bear market bottom. Why do we keep acting like alt season is coming back?
I need help in my blockchain.com wallet recovery we can split the balance ..interested folks dm me fast ..
After this small bump, I've realized that most of the people here are just cultists
The BTC move is real. Whether the market has actually changed is a different question.
Portfolio is green, wife is happy, steak is on the menu tonight
BTC went from $78K to $79K within 19 minutes 🫨
A company that's sold $85M worth of cars has a $300K market cap token. Went down the rabbit hole on $AUTOS
Best Bitcoin-backed loans platforms? Looking for real experiences
How should I unwrap my ETH?
I think tokenized stocks could make this bull run way bigger than people realize
Could the CLARITY Act Keep This Crypto Run Alive Until September 15?
Follow up on the BTC range post, this is what a level finally letting go looks like
I think this BTC bounce is a setup, not a save
Am I the only one who can't wait till salary to buy BTC before it goes to moon? Or should I sell my kidney now?
BTC just reminded everyone how dangerous leverage can be.
How do you buy non-KYC crypto in Europe nowadays?
BTC Price Climbs to $72,000 After Trump Supports Clarity Act Targeting Crypto Deals by Presidents and Congress Members
After that $48.8M single liquidation on Hyperliquid: What is your actual system for cross-margin risk control?
Same volume as the June crash, opposite result. That's the actual story today.
Bitcoin - Same volume as the June crash, opposite result. That's the actual story today.
Key Drivers behind Mid August Crypto Rally
Key Drivers behind Mid August Crypto Rally
Why is everyone saying bottom will happen in October?
50€ em BTC por apenas 10 minutos do teu tempo?
Nearly $2.7B in shorts wiped in 24h as BTC hit $70k. How do you mathematically manage upside tail risk?
Nearly $2.7B in shorts wiped in 24h as BTC hit $70k. How do you mathematically manage upside tail risk?
Genuine question for Bitcoin holders: do you actually view Bitcoin as a currency?
COIN: Conviction in Bullishness
Out of all the coins inside of top 50, the best performers on this BTC move were Hyperliquid (Rank #9), Ethereum (Rank #2) and Solana (Rank #7). Stop buying shitcoins please.
Strategy announced plans to restart Bitcoin acquisitions following a seven-week purchasing hiatus. The company maintains $4.8 billion in cash reserves while its Bitcoin holdings remain steady at 840,447 BTC.
What just caused this sudden BTC spike?
$40 Gift Me Crypto voucher, selling for $35 BTC
I sold at $65,400, twenty minutes before the big candle to $69k😔
Build, backtest & deploy propfirm bots in minutes, for free. Looking for feedback!
Can someone shed some light on this article?
Looking for some Bitcoin Testnet3 tBTC for testing — any help would be greatly appreciated
Mentions
BTC is digital CAPITAL. Not currency.
The giveaway that it was going to run hard was its close above 200 day ma on Wednesday night. When BTC does this after bear market drawdowns, it runs away from it aggressively every time in the hours, days and weeks that follow. This is the line in the sand for so much money, everyone is watching and reacting to it from the big institutions to retail traders and everyone in between. In bull markets, you hold your breath and you buy it. I guarantee we will get 1-4 more retests of it before this thing really takes off for new aths, and every single one of those will be a buy.
Solo BTC, es sencillo es prácticamente todo el ecosistema cripto lo demás es ETH y stablecoins, puedes mantener tu inversión vigilada y sin tantos dolores de cabeza ya todos sabemos que Bitcoin es volátil pero las alts lo son mucho más y por no decir siempre su desempeño es casi siempre decepcionante
>I would be careful with xrp. It's not decentralised sigh. Why do all you BTC maxis that dont know anything about the topic always pop ur head out and speak about things you very much dont understand? it is very much decentralized. I have 1 simple question, Prove it. here's a basic like of examples, free free to pick one and explain how they are possible, when you realize you nobody can do any of the following, you'll understand that you are wrong. Show how someone can freeze transactions/wallets Show how someone can reverse a transaction, censor a user/wallet/transaction. Show how someone can create more XRP. Show how someone could force a code update on the validators. Provide a theoretical or practical example of the "centralization" that you're claiming is there, back it up with sources and evidence please. Im begging you to make me look like jackass (u wont do it)
I had 3 "phases" in my crypto investing, in each of the 3 cycles since 2017: \- When I started I only had BTC, and kept it this way for some years. Just stacking, never sold. \- Next cycle I remained heavily in BTC, but sold a small part and bought ETH, and then later SOL. But seeing the shitcoins and NFTs going crazy made me greedy, so I bought and tried to trade this stuff, focusing on "utility" and "art". Roundtripped almost everything, some shitcoins I held for years hoping that they would return to previous. \- Last cycle I started with BTC, ETH, SOL, sold all the rest. Made good money on these 3 coins, but again greed took over when I saw the memes blowing up, people getting stupidly rich on twitter, etc. Tried to trade memecoins, made money on some, took big losses on others, overall it was bad. It was also a pain keeping track of all the coins, all the transactions, it was hell. The only thing that saved me from losing a lot of money was that I kept BTC as the biggest part of my portfolio, and gambling with 10-25% of what I had. Looking back, it would be better simply holding BTC, with a small bag of ETH and SOL. So for this cycle I want to have some "rules" in place so things don't get out of control again: \- BTC will be the majority of the portfolio, right now it is at 50%, I want to keep it at least at this level. And I have an amount that I don't plan on selling ever. \- HYPE, ZEC, ETH, SOL are around 40%, and I plan on taking profits on small amounts as we climb. \- 10% to gamble on new stuff, alts that have potential, memecoins, NFTs, etc. 4-5 coins at the same time is the limit, avoiding rotating to the new hot stuff of the week. Will take profits aggresively to cash, so I don't end up using the profits to buy more shit.
Coins on trading markets aren't tied to USD. They are tied to each other. On DeFi markets in particular, coins are traded based on the value of other coins. Thus there are swap pairs for BTC/ETH or BTC/BNB or ETH/BNB. If one goes down, they are still trading at the going swap rates, more or less, in the instant. Arbitrage bots make some quick swaps and then dump the coins for USD or funnel in some USD to buy up more undervalued coins. It happens very fast. The result is relative stability across the market, while the bot owners rake in the dividends, no matter if the price is going up or down.
instituional is companies. Federal is countries. The US has not started printing dollars to buy Bitcoin with. If that ever happens, God help us all. That would indeed be the very last phase. It's not impossible. Thiel and Musk and the other tech billionaires that just love how well they can manipulate cryptos better then banking and how unregulated it is love to fuck around with crypto, it makes them see so high tech. So very cyberpunk. That's an image they like. They could push Trump his buttons the right way, suck up to him to appoint some idiot as head of the FED. Then manipulate that guy to start printing dollars and start the US Bitcoin federal reserve and start buying BTC from MSTR and others. Then the dollar will start crashing, everything will become more expensive and Bitcoin could hit a million dollars, while you pay 20 dollars for a loaf of bread.
Yet the entire market went up together in the last week. BTC went up 22% in a week, XRP even 50%. All rise and fall together. How could that possibly NOT be coordinated? Some group does a pump on BTC, because the other pairs mainly trade vs BTC their dollars prices are now wrong, so people buy it in dollars then sell on the BTC pair, then sell the BTC. Dampening the BTC pump a bit, but pumping the dollar prices of the alts. Some are very low liquidity and on buying on the dollar pairs, easily pump 50% in a week on that.
Chart BTC and compare to Xauusd (gold), the charts are remarkably similar.
Having a feel for the market is not the same as calling out the exact dates and numbers, nobody can do that as nobody knows the future. You know that, I know that. I know that you know that. You know that I know that you know that I know that. So why are you being so diffucult? If you followed my advice you still made money. I sold my BTC just now and opened a 2x leveraged short. What have you done?
BTC and ETH are the only coins with room to grow. All other are shitcoins.
Not to mention the price of BTC will instantly crater if it gets cracked in any way. Meaning the person doing the cracking would be shooting themselves in the foot.
Over 15 countries have BTC listed on the balance sheets! They see the future of BTC. They are not holding alt coins!
Alt coins are a waste of money! Just purchase fractional shares of BTC!
A1 approves. There are many folks who have more than one wallet because they think it’s safer and many have e.g. 1 BTC in 5-10 different wallets so 1 in million nah but it’s still great for OP
I have no BTC at all. It was just too expensive to buy any substantial amount. Sure, I would have loved to buy it at $100, $500, or $ 1,000, but that ship has sailed. I just really don't see the point of buying $1000 worth of Bitcoin and getting 1/78th of a Bitcoin. Even if Bitcoin took off and doubled, I would only double my original investment. Not enough to retire on. However, if I spend that same thousand on XRP, XLM, HBAR, or one of the other alts under a dollar, and it takes off and goes to $5, $10, or $20, I have made much more with the same investment. I don't have the kind of money it would take to buy a substantial amount of Bitcoin that I could retire on, so for me it's just a matter of mathematics. Bitcoin is not an option for me.
> What gets lost in the panic every single cycle is that the drawdown itself has gotten shallower each time, not deeper. 2013 lost roughly 85%. 2017 lost roughly 84%. 2021 lost roughly 77%. Same pattern, same fear, less damage each round as the asset matures and more capital treats corrections as entries instead of exits. Sounds more like somebody is manipulating the market.... > History doesnt repeat perfectly. It just rhymes enough to be worth paying attention to. True, but until it doesn't. Just look at the boom and bust cycle of stock market. Point isn't to crap on BTC/crypto. But it is to be aware of the risks. For all we know, Quantum computer could come tomorrow and break BTC rendering it worthless. Likely? Of course not, but possible? Yes.
Maybe he meant bitcoin wallet addresses. Approximately 985,000 on-chain Bitcoin addresses hold at least 2 BTC. This metric tracks public blockchain addresses rather than distinct individual people.
I asked AI and it said Approximately 985,000 active on-chain Bitcoin addresses hold at least 2 BTC.
i asked AI and it told me Approximately 985,000 active on-chain Bitcoin addresses hold at least 2 BTC.
I am not so stupid as to think I know what direction it is going. The only correct answer is it may go up, it may go down, it may go up and then go down or go down and then go up, or it may just stay static for a while. And then it might stay static or it might go up or go down and then maybe it will hold for a couple days and then go up, down, and up again, and then up some more, and then up even more, before it all crashes down again, but then after that it might go up or it might crash even more. It could even possibly keep going up until it hits $10 trillion/BTC. I can't say for certain but I'm pretty sure it's going to $10 trillion by the end of the year.
Tell me about it. I am sitting on a decent chunk of alts right now that are down a bunch. I have been holding crypto for years and would have been 100% better off never buying alts and never selling BTC. Just buy BTC and hold it.
I allocate 10% of my retirement portfolio to BTC monthly via DCA, with a 15–20 year horizon
I’ll stick with Fold and 1.5% unlimited BTC rewards. I wouldn’t want to stake BTC for credit card, it’s the opposite of the ways of the hodler.
That’s like assuming to get into someone’s bank account “all you need is my password”. To get someone’s bitcoin you might need 2 of 3 multisig seed phrases, a 25th word for each one, located in isolated geographic areas maybe also in multiple bank lockboxes. Who knows? When the internet first started becoming popular, security wasn’t thought of and people accounts kept getting hacked. Did we stop using it? No. We figured out how to better secure our accounts. Same thing is happening to Bitcoin. Eventually criminals will know stealing someone’s BTC isn’t as simple as stealing someone’s seedphrase via a $5 wrench.
Coinbase black Amex card gets your 4% BTC back on your first $10k each month right now. No need for a while coiner card 🤷🏻♂️
Cool idea but not sure people would want to advertise they have 1 BTC when it gets up over $250k. Also their would need to be some sort of ongoing check to ensure they have not sold any and would be under the whole mark.
It's a bit harder to force someone to drain their bank account. There's more checks in place and it takes longer. With BTC someone could just hit you with a blunt object until you give up your private key.
Wait until a recession is announced or rates get hiked like the FED is openly talking about doing and there will indeed be a dip…and job losses the economy isn’t finished collapsing yet just because it hasn’t dipped there YET doesn’t mean it won’t dip that low or lower…nobody thought BTC would hit $16k last dip and yet it did…when is the question that I don’t know i just know the chips haven’t hit the bottom of the dip bowl just yet
>but are people just watching the BTC chart and, as soon as there’s a little drop, deciding to sell every other coin they have too When one thinks oneself rational in their investing in crypto, what you always have to keep in mind is: Most people act on emotion. And when it comes to money, they act on A) greed and B) fear. So numba go up -> Greed takes over Numba go down -> Fear takes over And because most people act on emotion, the rational people who take that into account will act accordingly, further exacerbating the situation. So you have to factor that into your decisions. Assume most are like highly reactive chickens. Don't be this: "Ha! I'm gonna diamond-hand this alt-coing because I have strong conviction and am not emotionally moved by rough waters!!! .... Oh, it's permanently down now, there's no liquidity left and it's unlikely to recover...."
Yes the BTC blockchain contains the full transaction history since Satoshi invented it. But that's searchable thru a block explorer, you don't need to run a node to use it. Reusing addresses or using KYC exchanges will get your identity linked to your transactions. But the irony of KYC is so much of it is done using stolen identities. Therefore KYC data is not reliable at all.
Where was this genius when BTC was $124k?
I think it’s going to dip. that’s the side of the trade I am taking. One more big downside move before it starts going up. If it continues to go up and stays above 63k through January, I’ll start adding to BTC exposure through the ETFs. Anything added is going to be 2-3 year wait
It also tends to follow/lag global liquidity which has been on the rise. I’m thinking we get a correction back down to the low 70s or mid 60s in the coming weeks, if BTC pumps above \~$82k before then though I think the low is in
BTC will hit a million. BTC will hit zero. Sometime in the next 20 years. There! Now you have a 100% accurate prediction.
bruh, you should read more before making a fool of yourself online The lightning network on top of BTC is just proof you are 100% wrong. Imagine achieving 100x more than that at L1, add actual covenants aim for sub second blocks and remain 100% PoW. I can't vouch for OP's vibe coded shit, but I can 100% vouch for Kaspa.
Look at last cycle and see alts are trash including ETH. To think you will pick one of the 100k coins that beat BTC, good luck
Strike offers loans for BTC, same with some mortgage companies. The list will continue to grow as time moves on.
Alts are fleeting. But when BTC pumps huge and gets boring. People pour cash into alts to sweeten the deal and noobs think its “fundamentals” or “community” and pile in liquidity, pump their bags and become exit liquidity. Then all the alts sweep lows over and over.
BTC, ETH, SOL. That’s my trifecta imho
Trade the paper, hold the asset. ETFS that trade BTC long & Short. Find someone who has a powerful system with a greater that 85% probability. If you you read between the lines you will be able to see that for yourself 🤔
Post is by: andysime1 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1vvnwf3/btc_only_vs_btc_alts/ Is anyone here btc only? after being burned on many alts I feel BTC only is the way forward. But then is there potential to miss out on gains. I’m stressed any advice *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.*
I'm fully on board with Buffett's value investing principles, but gotta disagree with him on his BTC views
Reporting every transaction as a capital gain is absurd. But if BTC is treated as an asset, there's no way around it
True dat. I lost my 1BTC a month job and everything. Now my e-thot GF left me for some bottom over on r/moreplatesmoredates. I'm gonna have to get a hooker this weekend.
BTC community is going to find out casino dice are rigged.
That’s 3 million coins. Impossible BTC to $400!
I'm just curious. Selling BTC means buying something. If you're selling to cash you're investing in USD. Not trying to be a dick, just laying out the question.
I had a small amount of BTC in a cold metal wallet and moved it to Kraken time ago. I like to have it there cause I also use Krak debit card and gives me some refunds when I use it. Like I said, it's just convenient specially if you are dealing more than just BTC. Again I'm not talking 50K, far from it.
Are you okay with the idea of having all of your investment and savings drop by half over a week if Trump makes some deranged social media post about Bitcoin? For people where crypto is part of a larger portfolio, a swing like that isn’t meaningful if it’s 5 of their assets. If the stock market crashes however, it’s taking BTC along with it because speculative and liquid assets are the first to get sold. If BTC crashes, it won’t necessarily do anything to the broader market. It BTC goes nowhere in the next 30 years, would you be okay knowing that €6.5k could have been €100k+ after compounding while BTC barely kept up with inflation?
The whole crypto market is connected by automatic trading systems and basically all altcoins are connected through Altcoin/BTC and Altcoin/ETH pair. That's why everything rises or crashes at the same time.
My shit has been on Gemini exchange for over 7 years… my BTC being lost is not even a thought in my mind - that’s how much I worry about it. And I’ve got several hundred thousand on there.
I believe that BTC will go back to 100k till December. This is my bet which I might lose though.
Decide on a % allocation to BTC just like you do with your index fund. In my case it is 10%. I even just buy the etf holding btc. Then only touch it when you buy monthly or rebalance when % allocation is out of wack.
Devalued fiat for inflated fiat priced BTC is why i usually pay for Bitcoin
Check bc1qg4jcyumevszta3rs869v9jrf6rz9z360svpo3jsl5xcryfd7xqvs4hurnq, it does not have any BTC
What’s up with all the anger..? Fella made a mistake for asking the opinion of those in a BTC subreddit about which direction BTC is heading, maybe he’ll learn to take that nonsense elsewhere.
Well, I'm using ByBit. Anyway it preferable to use foreign card in it. Especially after new laws of government about crypto legalization, when I'll be forced to use only certain platforms on the approved government list after September 2026. Vexl should entry this list yet, LoL. If doing legally, my crypto assets would not be decentralized. I guess they want only to get tax, because in Russian terms crypto is the same financial assets like bond, bank deposit or estate. There's no differences and should be declared in special depository. There's one advantage that I could use judicial protection. And cash-BTC exchange is strictly forbidden of course
I believe it's all about gambling. I'm gambling too with BTC.
Literally none of them, with the possible exception of ETH by virtue of being the biggest and for staking which BTC can't do.
Sorry, I got tired of holding my 1million BTC since 2009 and decided to take some profit.
It's very possible that a lot of BTC/crypto volume is just fake, done by exchanges to look more trustworthy and interesting.
Pretty sure they’ve confiscated billions of dollars worth of BTC already.
What are you blathering about? There is no BTC corporation!
If you don't have $50 million or more invested in BTC, don't even bother asking. What do you want to do about it? If you don't have leverage, there is no point. Just enjoy the ride.
I’ve been in BTC since 2014, why is this surreal? This is a pattern I’ve seen at least a dozen times.
I do exactly the same, for the same reason. But I have my BTC spread across no less than four exchanges.
I get that but it's not like BTC are on my name either way.
Cramer's post on X, Something about now is a good time to buy BTC
I mean a lot of people probably shorted BTC near the top end of September/early October and those helped drop it like a rock.
sorry but did i read “dumb ass kids and this wife thing i got hanging around” 💀💀💀 you’ve locked in incredible gains dude. BTC isn’t going anywhere, you don’t need to marry it. you’re starting a new life and can jump back into investing BTC slowly when you can start doing that again
You don't have to explain shit to this people. They are gambling on meme coins and buying BTC that has worse bank run than fiat bank run lmfao. Just buy, hold, stfu. Let these people suffer. We pros follow the math.
Is this a fucking joke? BTC price movements because fucking Jim Cramer says something? At what point will cryptobros admit that everything about crypto is nothing but delusional?
A couple of years ago I would've disagree myself, that's implied in my first comment. I learn them deeply because that was the plan for a long time just to realize I didn't want to. Also I'm not managing 50K but like a 20% of that so if I had a full BTC I'd go the method I think is safest. Also I have other coins so again, the conveniency of it!
Bro this is not about FOMO. At this point in BTC life cycle, no one is FOMOing into crypto. They just want to a good time to get in is. Everyone on this subreddit knows its when the price is low. But most people are not this subreddit.
Can you say more about the tax burden? Maybe there was a taxable event to sell the BTC to then buy the ETF? I’m kind of with you on your sentiment and might follow suit.
This dude wasn’t talking about BTC. Hate on “crypto” all you want. Crypto = Shitcoins, crypto =\\= BTC.
lol, there goes the dream of BTC replacing regular currencies. Years ago people were fantasizing about using BTC to pay for gas and groceries. 'It's the future, man!'. All people care about now is - buy low, sell high.
Source? Look around you? Doesnt global economical events bothers you? And don t you think they re going to affect BTC price?
I don't think that Russian money could affect the Bitcoin price so much. I live in Russia and there aren't many ways to buy Bitcoin inside of country because of restrictions. You need to open foreign account in pro-Russian banks to get opportunity to buy BTC freely. In case of using Russian account to buy in P2P it may lead to its blocking by government like suspicious. In my opinion many Russians take their money from banks to cash it.
This would been more appropriate for when Germany sold its BTC in 2024. MSTR still has tons of BTC left.
I think the high $50Ks are becoming less likely unless something seriously breaks. BTC just pushed into the upper $70Ks after absorbing months of ugly macro, and now ETF demand is coming back while the dollar has weakened. I still expect pullbacks and a lot of chop, especially after a move this fast, but the question has changed. We’re not waiting to see if BTC can get back to $74K anymore, we’re watching whether it can hold the mid $70Ks and turn this into a real trend toward $80K and eventually $100K+. I think the bear phase looks a lot closer to ending than starting.
When BTC gets way overleveraged like it was, price tends to move violently at some point. Maybe the yield thing was a catalyst, maybe it wasn't. That's just conjecture. And by the way don't be surprised when it moves down to do the same thing to all the overleveraged degen longs. Step 6 is the only way to be
Just got the explanation for why it went up. But no idea why it dropped: "The U.S. bond market really does have a problem. The 30-year Treasury yield rose to around **5.34% this week, its highest level since 2007**, while the 10-year yield moved above 4.7%. The Treasury then responded by announcing that, starting in September, it would double its buybacks of long-term bonds from around $2 billion to at least $4 billion per operation. But the market interpreted it like this: **T**reasury buys back debt → tries to push long-term yields lower → the dollar weakens → concerns about dollar “debasement” increase → gold and BTC become more attractive. And that is exactly what happened. The Dollar Index fell by around 0.8% after the announcement, gold jumped more than 4%, and BTC moved from around **$64k to above $79k** in just a few days."
No. But if I end up being deported or in refugee status I hope to be able to convert BTC to the local currency to help establish myself.
Didn’t say that. Just said I’d rather trust them then risk making one error in cold storage and losing all my BTC forever
Russian outflows are small relative to daily BTC volume. Real, just probably not the driver.👍
Silk Road days definitely count 😅 Do you think you’d start spending BTC again if it became more mainstream?
Coffee with Bitcoin and sats back nice combo. Do you find yourself choosing places specifically because they accept BTC?
Yeah, that’s a major downside in the US. Do you think you’d actually spend BTC more often if the tax reporting were simpler?
That’s pretty close to living entirely on Bitcoin. What’s been the hardest thing to pay for with BTC?
Because BTC is the only one that isn't a scam.
Exactly this. The valleys and legendary peaks associated with BTC have more than cemented it as a strategic investment, rather than alt cash flow currency in the minds of most people I've encountered... at least for the time being. The writing is on the wall with worldwide digital currency becoming mainstream when considering things like USDC, but imo it's quite a ways off. Even with that, BTC will always have a branded pigeon hole to crawl out of.
No. BTC reaches 300.000 dollars, i am out with my new car.
BTC CFO was allegedly caught embezzling. He claims the BTC was lost in a yachting accident. Two coeds are corroborating the alleged story. For anyone concerned, the yacht is doing well.