Reddit Posts
Do you think the people affected by the historical floods over the next five days will be buying, selling, or holding BTC?
How do you monitor positions + orderbooks across DEXs, CEXs, and other platforms?
Peter Brandt Highlights Bitcoin Price Pattern Key to Keeping BTC's Bull Trend Healthy
How do the largest hodlers of BTC store thier coins?
What percent of us do you think are hodling this way, Pros and Cons. Storage
Is it a common misconception that Bitcoins gain their value from the cost of electricity required to generate them?
BTC can't turn $1 into $10 in 2024 - yes it can, over and over
MSTR or miners for leveraged play? (and how is the halving supposed to be bullish for miners??)
BlackRock Bitcoin ETF has surpassed holdings worth over $2 billion, equivalent to more than 52,000 BTC.
BlackRock Bitcoin ETF has surpassed holdings worth over $2 billion, equivalent to more than 52,000 BTC.
Don't Get Rekt in This Bull Run: Remember the 2017 "Earn" Scams?
Don't Get Rekt in This Bull Run: Remember the 2017 "Earn" Scams?
BTCMinetrix | ERC-20 | Cloud App | Stake Tokens = Mine Bitcoin | Audited | Presale Is Almost Finished | Join Before Official Launch
Reminder: Bitcoin Was Invented to Replace the Current Flawed System, Not to Be Absorbed Into It. Stop getting excited about BlackRock and Fidelity accumulating more BTC every day, and be aware of what's coming.
I LOVE BTC logo design. Feel free to use it for any purpose. Design source files are in the comments.
Bitcoin As A Power Law: why BTC is predictable over the long run
ICYF: BTC ETFs can start advertising on Google from Today.
"Traditional" Investor here looking to diversify, should I buy a lot of BTC before the halving?
Mined BTC early, trying to figure out if recovery is possible...
Crypto Reporting (US) - Bitcoin and failing to report loses; Need help to fix this
BitcoinMinetrix | ERC-20 | Cloud Mining | Stake To Mine BTC | Audited & SAFU | Jump In Before Listing
Setting up a Node on a new N100 Mini PC, What do I need to Know?
Reminder: Bitcoin Was Invented to Replace the Current Flawed System, Not to Be Absorbed Into It. Stop getting excited about BlackRock and Fidelity accumulating more BTC every day, and be aware of what's coming.
The last deadline for an Ethereum ETF approval for the SEC is in May 2024, expect a stronger pump than the months before the BTC ETF approval
My last post was deleted: I heard you guys loud and clear
Why BTC will be sideways or downward for months..
ETF's price drop explained, and why the growing optimism!
Hey are you interested in BTC investment The BTC investment is that you will have to open a btc wallet and fund it and if you have it already then you’re already a winner What you will just do is that you will use $50-$200 $100-$300 $150-$400 $300-$500 $500-$1000 $1500-$2000 $2000-$3000
If Bitcoin Didn't Exist Where Would You Put Your Capital?
Navigating the BTC Market Shake-up: Understanding Grayscale's Move and the Dynamics of Weak vs. Strong Hands
Question about ETF -- are BTC traded or do they tend to be held?
I just saw my first Bitcoin ad on basic cable tv….
Hey are you interested in BTC investment The BTC investment is that you will have to open a btc wallet and fund it and if you have it already then you’re already a winner What you will just do is that you will use $50-$200 $100-$300 $150-$400 $300-$500 $500-$1000 $1500-$2000 $2000-$3000
Saudi Arabia to Match Satoshi Nakamoto's 1Million Bitcoin!
The previous Bull Run was pretty underwhelming.
Clarification on UTXOs / what am I misunderstanding re: consolidation?
Bitcoin Mempool Ordinal / BRC-20 / DataCarrier transaction comparison?
Have you ever wondered what Albert Einstein may have said about Bitcoin?
Have you ever wondered what Albert Einstein might have said about Bitcoin?
How long did it take you to understand why BTC really matters?
Is Bitcoin Finally Finding Firm Ground as Grayscale’s BTC ETF Outflows Calm Down?
Is Bitcoin Finally Finding Firm Ground as Grayscale’s BTC ETF Outflows Calm Down?
Joe Rogan learning BTC being the best store of value in the world 10yrs ago when BTC is 900$
1 year ago I ACTUALLY lost most of my Bitcoin in a boating accident.
BitcoinMinetrix | ERC-20 | Cloud Mining | Stake Tokens = Mine Bitcoin | Audited & Safe | Presale Is Almost Finished | Join Before Listing
Bitcoin Monthly 32 - Stay up to date with what matters
Pricing All Everyday Goods in BTC, From iPhone to Houses, Will Act as an Electroshock to Your Awareness of the Bitcoin Revolution.
Finding Remote International Jobs (Freelance or Salary) That Pay In BTC
After looking into Bitcoin for 1 month and reading A LOT of posts on this Reddit I have no clue if BTC will go to the moon or go to zero.
Does the fact that Coinbase holds custody of 8 out of the 11 spot BTC ETFs pose any risk?
Mentions
Selling all your stocks or retirement funds for BTC is a massive concentration risk. Bitcoin has strong long-term fundamentals, but it’s still volatile and not guaranteed to outperform equities every single cycle.
This aint the stock market bro - just take your position profits when you can. No need for long-term expectations with BTC volatility.
I sold some BTC ETFs on Wednesday. Wen $150k?
In what way is there no value iNn ETH that doesn't apply to BTC?
tldr; HIVE Digital Technologies has expanded its hydro-powered Bitcoin mining facility in Paraguay to 300 MW, contributing over 24 EH/s to the global Bitcoin network and generating 289 BTC in October. The company reported record quarterly earnings of $87.3 million, driven by its growth in Paraguay and increased mining power. However, the Paraguayan Industrial Union warns that unchecked mining demand could lead to a power grid collapse by 2029. HIVE emphasizes its use of clean energy from the Itaipú Dam, positioning Paraguay as a green crypto mining hub. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
It’s interesting to look back and see how perspectives shift over time. Those price points really highlight how much BTC’s story has evolved.
Thank you for submitting to /r/CryptoCurrency, Your post has been removed because the topic you posted about (BTC) is already at the limit of posts allowed in the top 50. You may post it again when the topic is no longer at the limit. ---[**Click here for a link to view the current limits**](https://www.reddit.com/r/CryptoCurrency/wiki/topic_limits)--- *I am a bot, and this action was performed automatically. Please contact the [moderators of this subreddit](https://www.reddit.com/message/compose?to=%2Fr%2Fcryptocurrency) if you have any questions or concerns.*
Thank you for submitting to /r/CryptoCurrency, Your post has been removed because the topic you posted about (BTC) is already at the limit of posts allowed in the top 50. You may post it again when the topic is no longer at the limit. ---[**Click here for a link to view the current limits**](https://www.reddit.com/r/CryptoCurrency/wiki/topic_limits)--- *I am a bot, and this action was performed automatically. Please contact the [moderators of this subreddit](https://www.reddit.com/message/compose?to=%2Fr%2Fcryptocurrency) if you have any questions or concerns.*
for the ones here that invests in BTC, do you also invest in Gold?
Hold and you make money only applies to BTC and perhaps ETH.
Nah still paying for my weed in BTC
When 2020 hit, and the money printer started firing up, I thought “these are the exact conditions BTC was created for” - and look at us now.
Nobody knows the exact timing. But when the market moves fast. I use BYDFi. The NOKYC access means I can start trading BTC immediately. Plus, new users get an 8,100 USDT welcome bonus to get started.
The only time I'm selling my BTC is when I need to buy or pay for something. Though most of the time I just borrow against it.
1. Focus on your craft 2. Generate income in BTC or FIAT 3. If you have FIAT, use it to DCA into BTC
Post is by: Excellent_8740 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1pev529/crypto_market_outlook_what_could_happen_next/ The cryptocurrency market has been extremely volatile, BTC is around $86K, down about 30% from its October high of $126K, ETH sits at $2,800, and most altcoins are underperforming SOL at $124, XRP $2.06, and the Total market capitalization is near $3T after losing over $1T in recent months, with trading volume around $135B and liquidations at $608M. Macro factors seems not helping, and i dont know where Fed rate cut expectations are going, Bitcoin ETFs continue to see outflows, and broader risk sentiment remains cautious. At the same time, whales are accumulating BTC, and XRP is seeing inflows, while institutional interest is still present, but Does this indicate short term weakness with potential for a rebound if key supports hold, or are their further corrections likely? On a related note, going deep about the crypto news though I don’t usually follow traders, but I’ve noticed Asiftahsin going livestreams on bitget and, and uptil now i couldnt say why some people are finding his analysis useful to the extent of joining the 10x challenge but does he really deserve the attention and subscriptions he’s getting, or is it just hype? I’m curious what others think while we try to see where this market is actually heading to? *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.*
How are alt and ETH lowkry chilling while BTC is dumping
Peace of mind would be worth much more than the peace of BTC. But after the peace of mind is acquired - get back to BTC right away
This is the same guy that says BTC will be at 250k by Dec 31st
It reminded me that putting money into crypto (not limited to BTC) is essential gambling, not investing.
Absolutely. Being debt free is such a wonderful commodity in this day and age. You very likely have enough life left to build your BTC back up!
People say this every time BTC dips after ATH.
Bro it’s Reddit , just interacting and happy to join the BTC community. This is my first buy, I won’t be sharing the rest -
Agree. I sold half my Bitcoin stash around $115k. Moved it to the sharemarket. Looking to sell the rest of my BTC on any bounces.
All those people who bought stock before, now have less btc/share because of stock dilution. They didn’t DIRECTLY sell their btc. They sold more shares, lowering the amount each any holder owns. This is the exact same effect as selling. STOCK HOLDERS NOW HOLD LESS BTC.
Bought some more BTC and Moons with the paycheck and put some money on Grvt to farm some easy airdrop points
Help compare BTC shorting methods properly
My goal for 2026 is 1,0 BTC (hopefully the bearmarket will help!)
BTC will reach probably 65k or even 60k before bouncing to 150k or 160k BEFORE CHRISTMAS!
The block reward will still contain all the fees. The theory (as per the OG white paper) is that the value of the fees will be incentive enough for people to continue mining. The idea of halving means there shouldn't be a cliff-edge effect. Currently the block reward is 3.125 and the fees are \~0.05, so not exactly balanced. But as the reward comes down either the fees will go up, the difficulty will go down, or the price of BTC will increase such that these things remain roughly in balance. Even if they don't balance, you'd expect the difficulty to come down eventually to find a new equilibrium. Interestingly this happened before. When the Bitcoin / Bicoin-Cash split happened, most of the hashing power went with Bitcoin. This meant that Bitcoin-Cash had a long period where the difficulty was far higher than the previous block expected - but eventually a block was mined and after that the difficulty for Bitcoin-Cash went down to find a new equilibrium.
If you like how much BTC you’re getting for €1000 now you’re going to love how much you’re going to get in Nov 2026 when BTC is at 50K
I hope that no one who has to ask this actually has 0.335 BTC. You need conviction OP
When do you reckon the biggest re-distribution of BTC happened? Would that be 2017 to 2019ish? So many on this sub used to parrot then that btc was a dinosaur that was obviously going to fade away in favour of 'new tech'.
Nothing “switches off” when the last bitcoin is mined. Blocks will still be created, but miners will no longer get a block subsidy, only transaction fees. The supply is then fixed at 21M BTC, and mining difficulty will adjust to whatever hashrate remains profitable from those fees + price. As long as people keep using Bitcoin and paying fees, miners will keep securing the network and the blockchain will keep running.
Nice stack to start with! 0.05 BTC is solid for a first position, just keep DCAing when you can and you'll be surprised how fast those sats add up
only if you feel like .336 BTC is too much.
I tried to do this for custom WoW hacks from Russia... It was complex enough at the time that I deemed it not worth it. I remember BTC around $18 at the time...
Strike, no fees for dca after the first purchase. No fees for sending BTC when you choose the longest delay (24h).
Bro BTC is the FIRST BLOCKCHAIN IN HUMAN HISTORY Transparent, not reversible, same rules for everyone & the information is stores there forever Something we never had in history of mankind
Most people don't trust it and never will directly. Most people want the intermediary in their transactions. In the US alone there was $40 billion in credit card fraud. There's already over $5 billion a year in BTC scams. The world has mostly moved away from cash because they like the protection intermediaries over. The costs of that are mostly hidden from the average consumer. If BTC became the world currency I think it will be a very bastardized version of what you think it represents. Large banks would create a layer or three where you wouldn't actually be sending BTC directly to a merchant. Most people will never have a BTC wallet.
It may not feel like that but you hold more BTC than most people in the world
is BTC building higher lows?
Like if BTC drops, they release more stock and if it raises they buy their stock back or something?
Most people don’t understand money. I only look at what the top 10% earners are doing and they are buying up BTC - making real investments.
After spending a decade talking people out of Bitcoin they all want to buy some BTC now. Crazy how that works
As someone who was actively involved in the market when BTC was around $2K these price swings look absolutely insane
Use the learn and earn programs to earn alts and then convert them to BTC. Create content on crypto blogging platforms like Steemit, Hive, Farcaster etc...
New year, same excuses. BTC doesn’t wait 😂
tldr; Bitcoin's price remains under a month-long downtrend, struggling to break above $95,000, which is critical for regaining bullish momentum. Exchange balances have dropped significantly, with over 23,385 BTC withdrawn, reducing sell pressure and signaling long-term holding behavior. Smaller wallets are accumulating aggressively, while larger holders are cautious. Institutional participation is lacking, which could hinder Bitcoin's recovery. A breakout above $95,000 could lead to a rally, but failure to sustain support may push prices lower. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
tldr; SpaceX transferred approximately $99.8 million worth of Bitcoin (1,083 BTC) from a company-linked wallet to a new address on December 5, as per on-chain data. The transaction aligns with previous patterns involving Coinbase Prime custody services, though the exact destination remains unverified. SpaceX still holds around 5,012 BTC, valued at $457.8 million. The company has not disclosed its Bitcoin strategy or the purpose of this transfer, which follows a trend of large Bitcoin movements by SpaceX in recent months. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Oh ya. When I think back to like those ‘200 BTC’ dark web transactions I would do, it’s hilarious
Tom Lee bullish on ETH? What news. Like Michael Saylor is bullish on BTC. I am sure that these are great analysis, nothing to do with the fact that their wealth are depend on these assets lol.
BTC price is lower than Inaguration Day.
If you’re long-term, you don’t need to panic. Alts bleed harder during BTC corrections — that’s normal. What matters is position sizing and having some stablecoins for opportunities. If your conviction is strong, just DCA, stay diversified, and avoid going all-in. Cycles always test patience.
Please tell me mate, where do the minerals for BTC mining rogs come from, and where do the minerals that make devices that enable you tp utilize the fucking BTC come from? Please, enlighten the everloving shit out of me
10 times and you are a proud owner of 0.1 BTC
I see it as my own personal bank in my “pocket”. Like back in the day, the bank was invented because it is more secure to keep it with them than under my pillow. With BTC, i kinda solved that problem without the need for the traditional bank. I just need to secure the keys now, same way i secure my banking app or atm cards… Same with the hedge. Whether I have 1M, 100K, 100 or even 1 USD… it will all lose value no matter what. BTC gives me a chance to stop my wealth from slowly disintegrating….
This little bart is gonna send BTC right back to the mid 80s isn't it
Why would you even use P2P to receive Bitcoin? You have a friend pay with fiat so that a random stranger sends BTC to your wallet? In that case, no one would know you own any Bitcoin... until you decide to report it to the taxman yourself.
These bullish forecasters should retire soon. All of them predicted that BTC would hit 300k and ETH would hit 10k by the end of 2025, and they still think they're entitled to keep forecasting.
That's right, but OP talks about leverage already. Banks will figure out a way to dl fractional banking with BTC eventually. That might require changing the laws.
Look at the spread, the cost is hidden there… especially if you’re scheduling your purchase and not using buy orders. Basically the price you buy for will be much higher than the actual current price of BTC so every purchase is more expensive than it should be. Source: I used it for a while until I tested it
Curious what actual BTC maxis think of CZ's arguments. In general, I think both just discussed practically the same things people have been talking about for years.
People like Michael adore a system that they understand and can profit from. They have this deep resentment that non professionals have outperformed them by simple HODLing. His mind doesn’t grasp the idea of a world with a product that can’t be financially engineered and manipulated and inflated. He doesn’t like the stringent rules that are applied to BTCs max supply. Burry is essentially the epitome of why BTC exists, why it’s important. And why it won’t go away. Younger generations have witnessed the rampant disregard Burry types have wrecked on the world. Younger generations don’t get and won’t get the benefit of deflationary currencies and increasing asset values, they just get stuck with the short stick. When I have a dollar, the FED decides how much it loses value over time. They will ALWAYS CHOOSE TO REDUCE YOUR VALUE. At the VERY least, when I buy a BTC the market decides how much it gains or loses value. The FED can’t print more of my BTC. The gov can’t increase supply to try and buy votes by funding whatever whimsical project they muster up the next time. You can’t deflate my BTC to send abroad to fight a foreign war. I see this as fairer.
The only way Bitcoin touches $100K is with a Fed rate cut, and even that spike would be brief. Meanwhile, 5 straight days of BTC ETF outflows has me worried — are we seeing a rat exodus?
before, BTC's price action was scary, but now that it's been "crab" all along, I realized it's better to be as volatile as before, it's hard to make money in a stable market
Nice, $50/month actually feels realistic for most people. And mixing assets makes it easier to hold during the ugly parts. Cool that you’re doing BTC + ETH + gold tokens too.
Presumptuous little gremlin aren't you! I'm 60% BTC 40% MSTR. Gold is old money, and inferior to bitcoin in many ways, but a more reliable measuring stick than fiat.
If it’s a gift from a friend, you’re generally not taxed on receiving it. You’re only taxed later if you sell or convert the BTC for a gain.
My consulting service is payable in BTC only. No fiat accepted. The service provided is assisting with the set-up of a Greek Chain, a multi-sig solution for cold storage through multiple generations. The guide is totally free on www.thegreekchain.info but some people prefer to have it printet and ready, which is where I can help.
This is the way Been stacking sats for years and every time I think about "taking profits" I just remember that fiat is the shitcoin, not BTC
If you think that a market that is growing isn't pricing in future gains, you also ignore that a market correction will instantly be priced in as well, removing a lot of the "value" you have been given before. That's what the "big drop" that investors complain about most commonly is. But sure. When your BTC is overvalued at 200k and it corrects back down to 100k, you get your true value of 100k... you just don't get to sell for 200k like the big boys.
Beyond any specific consideration, mining is no longer profitable enough to be sustainable, and this is a specific problem for BTC. However, as it has the highest hashrate, it still reigns as King, while what is happening is a war between pro-crypto Republicans and anti-crypto Democrats, who are representatives of the banking world, see Op. Choke Point 2.0 news just as a start.
This is the reason why I'm DCA-ing BTC right now.
Bitcoin is all thermodynamics. Energy can’t be created or destroyed, it can only be transformed like swapping fiat money for BTC.
The vast majority of BTC conversion isn't performed on the BTC network but rather through intermediaries. Either by exchanging BTC on a CEX or by taking a loan against your BTC position. In principle you can do that with gold too. And there are basically no adoptions where you can pay directly with BTC. There used to be a serious effort with the lightning network, but that is mostly dead.
just recently I do sell some partly urgently I need some cash but of course I never sell all my BTC. Just 10 to 20 percent. Later I buy again while in dip.
Investing? If you are genuinely “investing”, you focus on BTC and a select group of reputable top-50 assets. What you are describing sounds more like speculative memecoins, and you should avoid them if you do not want to incur unnecessary losses.
Thanks for replying. I found a reddit community r/Jobs4Bitcoins just now. It looks somewhat legitimate, but again, most of them are $3 or $6 per hour jobs 😄 I wonder where's the big money in BTC. If all or most of the trade happened for bad stuff on underworld network, then the govt must have stopped BTC use by now
A crypto-friendly administration that did nothing when BTC dropped in April. Trump hasn’t mentioned crypto or BTC since he was elected, except when he launched his rug-pull coin. These kinds of things make people uncomfortable. The reason we didn’t get an altcoin season (BTC dominance dropping below 50%) is that retail investors got wiped out because of quantitative tightening and the many tariffs in place. Now let’s see what this administration will do with Venezuela. I think it might turn into a Ukraine–Russia war 2.0.
Oh wow... well you are doing pretty well! You simply need to refinance at a lower interest rate or increase the term and reduce the monthly payment. Keep your BTC.
Absolutely sell. There's nothing stopping BTC from going to $35k.
I'd split that shit up into like 4-5 High yield dividend stocks. Only keep maybe 3-4 of it in BTC and diversify TF out of it.
Hello Each purchase of crypto has its own tax lot. When you sell crypto, taxes depend on how long you held each lot Every lot has its own holding period and your tax software automatically separates them. Ex. You bought 1 BTC in 2021 You bought 1 BTC last week Both these purchases would have different cost basis. Remember you are taxed on profits not proceeds. So the cost basis is important. If you don't have a mark cost basis , the IRS will assume 100% profit and zero cost basis (which is a disaster) If you sell 1 BTC today you can choose which lot to sell ( HIFO, LIFO, FIFO) The 2021 lot gets long term capital gains (lower tax) The recent lot gets short term capital gains (higher tax) So you have to select the 2021 lot as your sale. Track all buys/sells in a crypto tax tool Use HIFO to reduce taxes ( sell the highest cost coins first ) Always review your tax bill on software before selling a large amount If you're selling for a house down payment Selling crypto triggers taxes - so plan ahead Prioritize selling long term lots to keep taxes low Run scenarios in a crypto tax calculator to estimate the take home amount after taxes.
What the fuck do you mean," how life changing is this!? You've got 12 BTC? Fucking HOLD!
Some predictions point to BTC reaching 1M in 2030. That would be 10k.
He and his family did rug pull though. Didn't Eric Trump brag that they made billions in crypto? Yeah, all on the backs of people who bought his useless token. It's down -87%. The chart is horrendous. It basically launched at a high value and just trended down. [https://coinranking.com/coin/9T8gSchgx+officialtrump-trump](https://coinranking.com/coin/9T8gSchgx+officialtrump-trump) WLFI is just as bad. [https://coinranking.com/coin/gbTmiRLbC+worldlibertyfinancial-wlfi](https://coinranking.com/coin/gbTmiRLbC+worldlibertyfinancial-wlfi) Trump and family weaseled themselves into a BTC mining operation. Funny that 90% of ASIC miners are made in China. Are there tariffs on those devices? BTC mining is also a shit business per Saylor. So why get into that business?
Good for you👍Enjoy your BTC journey.
Solid test, love that $50/month keeps it real for normal people. I’ve been running almost the exact same DCA since 2020 on BingX because it lets me buy BTC, ETH, gold tokens (XAU1), and even QQQX/NVDAX tokenized stocks all in one spot with zero spot fees and tiny minimums. One account, one auto-buy setup every payday, done. My actual portfolio is sitting at \~16x right now with the balanced mix you showed, and the max drawdown felt way less painful than pure BTC.
It just looked like a stupid "gatcha" moment from CZ. Likewise Pete could've pulled out his phone with a fake app that said 25 BTC and asked CZ if it's real and how much it's worth. He wouldn't be able to confirm until he looked at on-chain data.
Neither. Just stupid. He's very right to be bullish but for the wrong reasons. His take on high quality compounders and tech is spot on. Bullish take on BTC spot on. Small caps takes are usually totally wrong.
Tokenized gold adds counterparty risk besides other drawbacks. Anyone who has access to BTC, which is much safer here, should stay away.
those are both ETF’s and not BTC. You are literally agreeing with them, that because you cannot hold BTC in a retirement account, you instead hold ETF’s
Happy for you**🤝**. I remember how excited I was with my first BTC too. Keep stacking and enjoy your BTC journey.
Don't. But 10% of your portfolio now if you need to scratch the itch. Set buy orders, limit orders, 30% below current price. Maybe more. If this is the top, which it may be, then it can crash to $14k, maybe lower due to all the new mechanics and players and lovely leverage. Previously we couldn't go below prior lows because people would just hold, or they could lose their BTC. Now, Institutions and liquidation mechanics are in play on a scarce asset. This allows them to push price around a lot more, especially to try and liquidate people from my cohort. Setup a DCA schedule to follow through 2026 and Q1 of 2027. You'll be better off, and any mistakes will be minor and recoverable. You also test your discipline. Been here since 2011. I'm not like the majority of fly by night grifters that have no idea wtf they're doing.
But it's irrelevant. To continue the Gold analogy, anyone benefiting from it, whether it be from mining, selling shovels, providing transportation out west, being a broker, etc, is going to be out there stumping on gold's behalf. The result is that more people enter the gold ecosystem. More people buying BTC is generally a good thing for the price, and that's really the end of the story.
That's the point? You rely on his company or on less widely accessible tools and expertise to verify than BTC. You can argue crypto is also not grandma-proof but the chasm between BTC and gold's various aspects is quite wide.