BTC

Due-Chard2305

Sound like a sect member. That’s the only reason I’m afraid to bring my money into BTC.

Hungry_Mission_3933

Your thinking applies to margin leverage. MSTR’s leverage is time based, not price based. They basically created a synthetic bond through preferreds and presented them to a yield starved bond market, which big institutions are actively buying. The money raised through preferreds has given MSTR the ability to buy large quantities of BTC on a regular basis, and build a 3 year cash reserve to pay all their debt obligations in a very short time period, which has taken away the necessity of having to sell BTC. Heck, major companies in the S&P are leveraged on future hopes and dreams, and they are considered safe. MSTR holds 3.5% of a liquid, scarce asset, and growing, and has enough cash reserves to pay their debts for many years. And MSTR is supposedly more risky? Again, their leverage risk is time based, not price based.

Fantastic-Two1110

BTC 5 year return is 45 percent right now so not sure wtf you talking about right now

Green_Ad9723

Yeah, buy yourself a cheap Mercedes… a used one too 🙋🏻‍♂️🥳🥳🥳 … ​​I'm going to buy 5 BTC when I get $8000

Project_Demosthenes_

BTC and ETH/SPX6900. https://preview.redd.it/n8f1cclcs7ig1.jpeg?width=1170&format=pjpg&auto=webp&s=0520673cfa53a4deaefd89830921e1bb56b230b6

billionaireboysclubs

Derivatives amplify BTC trades and make it impossible to understand a true trading trend and market to make sensible decisions based upon it. The entire crypto market today is warped thanks to institutional investors with their fancy new synthetic products they invented to hypothecate, encumber and margin cryptocurrency, like BTC and ETH.

Wcg2801

Oh yes now that BTC had a bounce, the expert will come with their insights.

nugymmer

It does matter a fuck though, because blockchain technology only needs to refork, they don't need to manually lock tokens. They just need to move to a new chain, and use quantum resistance. The coins should be left as they are. If someone steals them, well, all the more luck to them because they will need it. BTC even with quantum computers is pretty hard to crack. Option B assumes anyone holding in cold storage is an idiot and needs to be "taught" some kind of lesson. No, fuck that. Many people in IOTA found that out, and it spoiled IOTA's reputation big time. You want this same thing for BTC? That's what you are asking for? How about as well as "removing" or "freezing" stuck coins, how about we increase the coin supply as well? How about we roll back the mining block reward a few years, and start re-mining those lost/inaccessible coins? Just allow miners to take control of the coins? It sounds just as asinine. The old coin holders, they might be holding for years. Sure, they might get robbed, but it doesn't give YOU the right to TAKE someone else's property. You cannot just steal something or take something that doesn't belong to you. If you crack the secret key then good luck, you now own the BTC associated with that key. Just like miners who successfully solve a block - they get the reward. You can't just freeze old assets that nobody has touched for a long time. It's like a house title deed. Unless the person consents to signing over that title to someone else, it's still their title.

hopeseekr

The big shock is when he gets laid off next week or in July, he'll have to pay it all back immediately. This will trigger short-term capital gains tax (if BTC is up) and he'll almost certainly have to take out a personal loan to cover that, or a personal loan to cover if BTC is lower...

Hungry_Mission_3933

MSTR is nothing like FTX. MSTR holds verifiable BTC on the block chain and it is held in self-custody by major institutions. FTX held paper BTC "IOU's", and used customer funds as leverage. FTX collapsed because their assets didn't exist. MSTR price fluctuates because BTC is a volatile asset with a history of major swings to both the upside and downside.

No-Wish-4737

The announcement is always on a Monday for purchases made the previous week. Yes, BTC price goes up and down, that's how most things work. Great post OP.

PMmeuroneweirdtrick

Well at current prices ETH is 2.2x away from peak, BTC 1.8x. I'm thinking we see a similar ratio next time.

Vivid-Head-6484

In 10 years you will NOT regret it! You won’t have gotten in at a great price, but you didn’t get in at a bad price either. Keep DCAing if you can. And don’t forget taxes when you pull out what you need to pay ur refi off. Maybe by then you can pay taxes in BTC.

TrickViolinist4541

620,000 BTC가 맞습니다

TrickViolinist4541

620,000 BTC is correct. The title can't be edited.

Bongressman

It was 620,000 BTC, not 62,000. Approximately 40 billion dollars worth.

TaoZenQi369

Why are people hope BTC to go down so they can buy more? this is nut, I want it go up to breakeven and I get the hell out, screw this sh!t. I stick with stocks from now on.

Sweaty_Afternoon_446

Instructions unclear, bought more BTC.

Zellgun

Buying BTC only is a smart move in most cases lol

Quirky-Reveal-1669

Those 62,000 BTC did not come from this air. Someone lost these.

WellieWelli

Heavy BTC was literally always the consensus mate.

ImaFamilyGuy

Came looking for this comment. Ever since Ark filed for the new crypto ETF, I've been looking into alt currencies. I'm sure other firms will follow. I still think BTC is great for holding value but there are other better options for actual utility.

Impressive_Pilot8415

weekly buy same amount.. if BTC is in red DCA amount is larger.. keep some extra (dry powder if possible) available for the black swan events (which do occur regularly). Most important step is to just set it up & have some on autopilot.. have a plan.. forgot what shillers are saying.. if in doubt step away & forget in times of extreme Fear. 🙏

benandsons

Right now its the only way. I bit the bullet in August last year talking the lose on all my alts to rotate into BTC for the same reasons this is all you buy. It hurt, come OCT 10 I felt like an investing god. Now DCA, daily btc buys. With Alts should they ever rise again, going to take a standard business analysis process before buying. 1. Does the project make revenue 2. Does this revenue positively impact the token price 3. Does the project declare target price ahead of time and roadmap link to how it gets there 4. Beyond smart contract audits have they had internal audits of the teams skills, revenue model: do they have an RMA badge. 5. Is the token supply fixed and any efforts to increase supply be incredibly complex. 6. Looking into the future do I believe the business can make it.

ImaFamilyGuy

ETFs exist for other currencies as well. Layer 1 currencies. BTC and ETH market caps are massive and I don't think that is a good thing when considering upside potential.

AdhesivenessPast2850

I bet BTC cant be lơer than 55k. What’s your target?

Special_Bench_4328

Wouldn’t be surprised if it bounces here for 6 months BTC is no 1 pump chump!!

VicoxLegal

You're facing a balancing act. Nobody has a crystal ball. Real estate offers stability and a roof over your head; Bitcoin is a long-term investment. Perhaps the smart move is to diversify: don't give up on BTC, but don't undervalue the peace of mind of a home either. If you decide to go for the house, make sure the legal process is properly in place so you keep both options open.

andys811

Come on guys, Im a big believer in BTC, and I'm really not counting on it (infact I hope we do go lower) but I have a feeling we may already have bottomed. But if you need to take loan out to invest then you really shouldn't be investing that money in the first place imho. Buy with what you have and can afford to loose, don't be greedy

More_Supermarket5068

Die können BTC bei der Bank hinterlegen für Kredite, ohne die BTC an die Bank direkt abgeben zu müssen. Ist bei einer Firma wie Microstrategy was ganz normales. Sollte BTC Tod gehen, dann heißt das Weltuntergang da die ganze Marktwirtschaft höchstwahrscheinlich zusammenbrechen wird.

i_have_chosen_a_name

If it goes down you still make money, just without the multiplier provided by leverage. And you are still paying interest on what you borrowed. Let's say you borrow 1 BTC and your collateral is 70 000 dollars, enough to buy 1 BTC. You sell the BTC you borrowed for 70 000 and now you have 140 000 but also an open short position. Now let's say BTC goes up 50% to 105 000. For you now to buy back that 1 BTC you borrowed and give it back it would cost 105 000 dollars. But you also got 70 000 from selling it. The difference between the two is 35 000. This is your loss. This is already being witheld from you colletoral now. Because if you want to close the position, you use the 70 000 + 35 000 to buy back one Bitcoin and then give it back to exchange you borrowed from. You can then close your position and you get your remaining colletoral of 35000 dollars back. But now let's look at the percentages. BTC went up 50% while you shorted and you lost 50%. No leverage used. So without leverage you can survive a short position going wrong for 99%. The price of BTC could almost double and you still would not get liquidated, not untill that last %. And this is also why shorting is such high risk for such little reward. Your losses can be infinite but your winnings are capped. Without leverage, if the price of Bitcoin would drop to zero you would have only doubled your money. But in the other direction, Bitcoin going from 1 to 70 000. You would have made done 70 000x! But if you use a bit of leverage, let's say 3x. You can get liquidated when the price of Bitcoin goes up by just 33%. Imagine that! You short at 70 000, it briefly pumps to 105 000 and you lose ALL your money, then a month later it crashes to 50 000. You where correct in your prediction that Bitcoin is going down! Shorting was the right call! And you still lost all your money!

GreenStretch

Never count on BTC or any other long term investment to return money within the month.

painshark

Do not buy products backed on BTC. Just buy BTC.

AU-n-Time

Well said, you are spot on! I got into BTC in 2016 to build wealth and am a true “investor” not some dumb ass speculating short term jerk off like so many folks are. I educated myself on this asset, I understand economics and why/what makes BTC so powerful. This isn’t the first time we’ve been here with BTC, it won’t be the last like you mention. Whoever sells now deserves the regret they will feel later. Those people are not educated on BTC, have no conviction, are not investors. They need to spend time to better understand what BTC is and what makes it the better, safer, strongest store of value you can invest in. Anyone who sells now is destined to be broke, they will keep making the same stupid mistakes over and over again unless they take the time to get educated and committed. Wealth is build with time in your assets not timing the asset.

DBRiMatt

Solana is hardly competition for Etheruem, and will always be 2nd rate to that too. IMO, BTC will always be #1 in marketcap, there will be no flippening. But as I said, you can actually do a lot more with ETH, and that doesn't mean the ETH will have periods where it closes the gap with Bitcoin.

syKonaut

Forecast is $50k BTC FYI.

DBRiMatt

I like both; you can do a whole lot more with ETH; and in the long term I imagine the ETH/BTC ratio will eventually improve for ETH.

yurk23

If it weren’t for leverage, BTC would be at 50k right now. Thank a shorter today for propping up price 🙏

Jumpy_Payment4825

Interested. Been trading BTC/ETH perp futures full-time for a couple years with strict risk rules (1–2% per trade, max DD limits). Have verifiable PnL and exchange stats via API. Scaling with better fee tiers and capital is exactly what I’m looking for. Will DM.

North-Exchange5899

Love this...while everyone’s guessing the next alt boom, BTC quietly does its thing

AnxiousSeason

Exactly. People were out here saying the cycle is broken. Nope. Changed some? Yes. Trump makes it reactive. But the overall cycle is in play. Banks may sell and borrow and “wrap” — but Saylor keeps buying for keeps. And other people are buying for keeps. And since it IS finite, and capped, at its core, eventually the liquid BTC will be so scarce that the price will simply be high. Since no one is willing to sell for less. And if we all sell at that level, it remains at that level. While the dollar is printed every day.

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Negative_Salt_4599

Yeah honestly SOL and BTC. I’m personally not buying any but that’s what I would go after If I was..

matthegc

I buy everyday…..auto pilot…..up good for existing holding, down….good for future buys….. It’s all good once you understand what BTC is.

SteadyGridProfits

Buying Bitcoin first is the smart move right now. When markets are shaky, simplicity wins. Bitcoin doesn’t need hype—it’s the base layer. Institutions buy it. ETFs exist for it. And when money comes back, BTC always moves first. A common rule is 60% Bitcoin, 40% Ethereum. Ethereum has a smaller market cap, so it can move faster and go higher—but that also means it’s easier to push around. Less money moves ETH more than BTC. Quick math: Bitcoin ≈ $1.5T market cap Ethereum ≈ $300B market cap That’s why a little ETH can go a long way—but also swing harder. Bottom line: BTC for safety. ETH for upside. Buy when fear is high. Let time do the work.

No-Song-1756

I’ve been in crypto DCA’ing for a few years. After that long I am still up around 150% in BTC but it’s the only investment that I am positive in. My peak within three accounts to what they currently are: $123k down to $43k, $75k down to $19k, $45k down to $6k. I too have been struggling with the would’ve could’ve should’ve with selling. I knew that when I was taking screenshots of how much I was up that I probably should’ve sold but didn’t. I’ve ridden this roller coaster all the way down and it pains me every day thinking about what I could’ve done with that money. Instead I am back to feeling really broke and stupid. I am embarrassed in front of my partner of 15 years. It feels like I am at the lowest point of my life. Had a hard time concentrating with work, not sleeping. If I knew crypto was going to make me feel like this I never would’ve entered it. Should’ve just kept stashing money away in my 401k and never look at it. I hear your pain man, it’s not easy.

HugeLarry

It’s true that the risk of self-custody user error is higher than third-party custodial risk for some people. If those people want BTC exposure as an investment, and if they trust their financial institution, then why shouldn’t they own BTC through an ETF or through their financial institution keeping custody on their behalf? It’s worth mentioning that exchanges aren’t the only custodians available. For example, Fidelity can now custody BTC, and although there’s risk with any custodian, I think it’s silly to claim that Fidelity is just as risky as any random crypto exchange. A lot of the people who want BTC exposure and don’t want to deal with self custody probably already have a bunch of assets with companies like Fidelity, so it’s a natural step for them. My view is that self custody, third-party custody, and the ETFs are not mutually exclusive, and that the ideal distribution across those depends on each person’s specific circumstances. Splitting BTC across those methods can be advantageous because it removes any single point of failure. If you screw up and lose your keys, at least you still have some BTC in ETFs or third-party custody. Similarly, if your custodian tanks or your government tries to seize assets, you still have your self-custody BTC. Another important consideration is that the ETFs have big tax advantages when held in retirement accounts. Logically, I agree with “Not your keys, not your coins”, but of course “Lose your keys, not your coins” is also true. Taking a broad view, our whole society is still based on trust. Trust between people. Trust between entities, etc. I’m a big fan of how BTC can be used in a totally trustless way, but I also think it’s reasonable to say that some people might want to trust other people / companies to take care of BTC on their behalf. Yes, they are taking a risk, but we’re all taking different risks all the time, and we all have to decide which ones we can live with.

PerceptionOk8543

My only worry is Strategy dumping their BTC. They might break the cycle if they do it

twendah

What if it was the last bullrun. Crypto always does the opposite people are expecting. There's 2 kind of people now. Some waiting for super cycle and other are waiting for 35k BTC cycle. My theory is that this was just simply last big BTC bull run and from now on we will go lower, even back to 1-10k range. Crypto always does the thing nobody is actually expecting. Then from there's next bullrun will be a lot less than 120k, most likely something like 70k and so on. Lower lows from there.

SDW137

That's cute, I opened up a brokerage account and put most of my 401k in a BTC ETF, right when the BTC ETF became tradeable on Fidelity.

DelcimarMartins

In other words, BTC isn't for you if you can't handle a drop in value and don't see its true value; you shouldn't own it. I took all the money I had in savings and put it into BTC in 2017, put it in a bucket and set it on fire. After the pandemic, I only had half of what I had saved for 12 years, but I said, "Fuck it, if it goes to zero it'll stay there, I'm not taking it out. I'm a programmer, I know what it's like," and I never stressed myself out. Today I have four times more than I had. My only regrets are not buying more; this drop is nothing compared to the others.

AnxiousSeason

I’m only in BTC and SOL. Nothing else seem interesting. BTC has name recognition. SOL has the technicals.

goldticketstubguy

You’ll have to find people to trade stuff for their BTC. Still a gap in that they probably KYC’d so you’ll have to take care of them after you trade.

DangerHighVoltage111

> What do you think is the agenda for btc core not to change the protocol? Isn't it obvious? People freely transacting without the control of a custodian that can be easily coerced into submission by the state is the nightmare of every ruler. They took what was available to them (the 1MB spam limit) to stop the p2p cash usecase. And they succeeded. >Wouldn’t those with most to gain in btc adoption want the LEAST controversy around its development - they’d want less fragmentation Back was late into Bitcoin and why would he care anyway he can have all the dollars he wants. He got millions in funding for Block(the)stream and still hasn't delivered ANY profitable product. >The trilemma was authored by Vitalik originally - or is he also part of a conspiracy to keep btc on top? As I said, they took what was available. Why make your job harder and make people suspicious? The 1MB limit was already there, the idea of Bitcoin as gold was already in some minds. The trilemma was a nice compact info piece that could be used for propaganda. They just needed to push these and suppress other opinions. Which they did relentlessly. >If you really are at the technical level to know the best way forward, why aren’t you developing a fork and making the case? What is stopping the free market moving to a fork? Because that fork already exists. It got slandered to hell and back, price supressed and that was it all the opportunists and FIAT maxis wanted to be on the "winner" side. But it survived and is IMO our best chance for sound scalable p2p money. There are still a few p2p casher left in BTC. They are gathering around the Knots guys. But they are currently finding out what the Big Blockers knew since 2017. They are getting zensored and gaslight and are in a very weak position against the hijackers.

Testuser7ignore

If they bought BTC the day Trump won, they would have broken even. Not really "going homeless" territory.

Larry_l3ird

Since even before BTC totally failed as a currency, I have been vocal in my belief that it was eventually going to zero. I truly believe that, and it’s only been strengthened by the fact that coins with far more real world uses have appeared and will continue to evolve and gain support to actually do the job that BTC creators originally intended and envisioned. The whole bitcoin as a digital store of value on the order of gold never totally made sense to me either. If anything, it seemed like a convenient way to push the inevitable down the road a ways a bit, which is where we find ourselves at now - on the brink of inevitability, just staring the hodlers in their faces. I think I know who’s gonna blink first. I think most of us do at this point. It’s probably gonna take the better part of a year or two, but I think we’re gonna watch a steady decline to the absolute rock bottom.

PerceptionOk8543

No such thing for BTC

BQbaobao

We’re watching real time how this gets resolved in the silver market. Buyers start demanding physical delivery. If the vaults go empty, the price will skyrocket. (Before im mocked for saying my this, note that I don’t have any silver exposure) The BTC analog is taking coins off exchanges and it is superior to the physical delivery of precious metals in every way. This is one of the reasons why people should take their coins off the exchanges.

Unbalanced_Acctnt

Depends on each individual’s goals. If it’s only an investment or store of value for someone that’s not interested in self storage it makes sense. If you want to use BTC as a medium of exchange to expand its use as a currency or you are trying to avoid a centralized party holding it for you, self custody makes more sense. I have some self-custody and some in an ETF through my IRA and brokerage accounts. Each person needs to decide what works best for themselves.

Exodust3000

Been buying BTC since 2019. I used to have self custody. But now I sleep much better at night with fidelity holding my crypto. IDGAF. To each their own.

Unbalanced_Acctnt

I think many of the people that fear it haven’t tried it. It seemed like a much more difficult task until I started tinkering. For me, it’s been a time investment to learn because I don’t always pick up new tech easily. Still, it hasn’t been that hard. Just trying to learn at my pace. I’ve tinkered with a couple exchanges and a few hardware wallets. There are plenty of YouTube videos for guidance. I prefer BTC Sessions tutorials with Ben Perrin. Very helpful!

AdvocateReason

You're making an argument for normies. And in terms of normies I agree with you. But BTC in its current form will never have normie adoption. When BTC is a similar form factor to a credit card and the benefits outweigh credit cards that's when it gets normie adoption and OP's argument holds water.

elidevious

I self custody. I’ve also had 3 BTC phished. I mostly recommend against self custody to friends and family.

Unbalanced_Acctnt

I don’t know why not. Tools are always evolving to make things easier. Where retailers accept BTC, why would the transactions feel much different than using a credit, debit card or Apple Pay eventually? Not saying that day is right around the corner. I downloaded Aqua wallet a week or so ago and transferred some BTC. Going to use it at a local Steak & Shake restaurant soon to try it out. Just haven’t yet because it was a hectic week. Transferring BTC between apps was not significantly different than transferring $$ from savings to checking in my bank app. A little clumsy at first, but after a couple transfers, no big deal.

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.