BTC

jsh63

If you use an exchange they will report to HMRC (also possibly you bank will also). HMRC may contact you to "remind" you to report your capital gain. I sold 0.34 BTC in Dec 2024 and this happened to me. I have just the paid £6k CGT at the end of Jan based on a cost base of £14K and a sell price of £75K. HMRC have a department now that tracks crypto transactions in New Bailey St, Salford

No-Wrap3568

You transfer your funds to your Cold wallet because that will ensure that you and only you have access to your funds. On the exchange, your funds could be drained, your exchange might freeze them for XYZ reasons... so on and so forth. Just be disciplined and make sure you go for a wallet that supports BTC-only firmware and also eliminates single point of failure by splitting your private keys into multiple components

Anselmo4

Utiliza Trade Republic para hacer DCA con ETF s y fondos de inversión porque no hay comisiones con un plan de inversión, solo al vender y el spread es bueno. Y para BTC te recomiendo kraken pro, las comisones son de 0,25% en compra a limite como maker.

Bad-practice

Money printer keeps going brrrrrr. Only 21 Million BTC. Keep stacking.

BaadMike

I was gonna say the same thing. I sold some PSLV in late January 2026 and bought BTC (Grayscale Bitcoin Mini Trust) with it in my Roth IRA. It's down almost 20% right now but I don't need to touch it for over a decade. I DCA a little over $700 a month with $200 going to BTC and $500 going to a total stock market mutual fund. The tax advantages are out of this world. I just hope they don't change the rules of the game before I can fully take advantage of the gains that account has seen.

Dziabadu

If Strategy felt a smidge uncomfortable, they would switch BTC buying from OTC to Exchanges and immediately double the price. They sourced 5200 coins from STRC yesterday ALONE. They choose to pay OTC premium to buy when there's liquidity because morons sell out of magical cycle. There is no liquidity when coin is pumping because noone is selling. Saylor takes ten times the cycle production. If he wants price pump he flips the switch and we go to a million.

EcstaticCell1511

During the covid crash we had a quick V shaped recovery on the indexes in 1 month. Doesn't matter that BTC took months for it to drop 50% it could easily recover next quarter. Where do you get this so much supply data from? Insulting people who have different takes is very toxic dude. Really no one knows what the next quarter will bring or year.

Which_Drop_5877

The other scenario is the world gets tired of money printers and BTC market cap hits 200 trillion.

oklistening01

Wtf if you have 150m in the bank are you risking it in a long on BTC??? And why do they need to be so greedy. Tbh I’m ready for WW3

DaringCharming97

I think this is worth zooming out. Strategy was "underwater" in 2022 too, at least on paper, and Saylor didn't sell a single coin. The structure is built to weather exactly this kind of drawdown. The $689M annual obligation is real, but the reserve covers it without touching BTC. The actual risk scenario is probably a prolonged bear that outlasts the cash runway and forces BTC liquidation. That scenario requires Bitcoin to stay below their break-even for years, not months... which is possible, but not very doom-y right now.

Suspicious-Case3861

I've come to the conclusion 99% of people here have no idea what they're on about. Inflation has various causes loose monteray policy or damages supply chains this is somewhere between the two due to government spending At first we will have increased liquidity which of course could be beneficial to BTC if all the war profiteers choose BTC as a flight to safety? The bad part of inflation is caused by simply jacking rates to cover up bad supply chains due to de globalization.. We are actually watching this battle play out in real time

Chief_Mischief

My uncle is on BTC's board of directors and just bought 400,000C 0dte calls

mneymaker

Maybe BTC about to explode? Full port MSTR, STRC is buying like crazy

ExamRare1072

Cryptoface just went $4.5Million and Jason Casper just went $600,000 long on BTC check out there vids on YouTube for decent advice also check crypto lifer for good TA on all time frames those guys make it look easy. By the gaussian indicator on daily chart it looks 50/50 up/ bear flag down. But those giant positions above must know something now... Best of luck man

vishnu317

I don’t have the exact wording open in front of me, but the point was simply that MSTR is trading close to its Bitcoin NAV right now. 738,731 BTC × $69.6k ≈ $51.4B Bitcoin treasury value. Subtract $8.2B convertible notes → $43.2B simple net BTC value. Current market cap ≈ \~$46B. So the premium calculation is roughly: $46B / $43.2B ≈ **1.06× (about a 6% premium)**. Historically that number has been more like **1.5×–3×**, which is why people say the premium has compressed a lot. If you’re asking because you think the numbers are off, feel free to point it out.

Week-Natural

More inflation means higher interest rates and less liquidity except when it's thought inflation is transitory. Higher interest rates and less liquidity means lower BTC.

Shittyzed15

When the topic comes up about the best places to earn yield on BTC, CoinDepo is increasingly being mentioned alongside the bigger names. Their model focuses on generating returns through lending and structured strategies, which is similar to how traditional finance generates yield.

vishnu317

of course 738,731 BTC multiplied by $69,600 current price = approximately $51.4 billion in Bitcoin value subtract the convertible debt of $8.2 billion = $43.2 billion simple net value current market cap is approximately $46 billion so the premium calculation is: $46B market cap divided by $43.2B net value = 1.065 historically that same calculation gave you 1.5 to 3.0 — meaning the stock traded at 50% to 200% above the Bitcoin value.

kironet996

TRUMP up 21%, BTC up 1% lol

vishnu317

exactly and the mining cost floor argument is one of the most underrated anchors in the whole debate. current all-in mining cost is roughly $55,000 to $65,000 depending on the miner. Bitcoin has never sustained below mining cost historically because miners shut off at that point and difficulty adjusts down until it becomes profitable again. the floor is not arbitrary it is economic. what makes the current moment interesting is that Strategy is essentially doing the same thing miners do they are treating this price as an opportunity not a threat. they bought 17,994 BTC between March 2 and March 8 alone. that is not the behaviour of a company that thinks $69,600 is where Bitcoin stays

Good_Paramedic126

Buen yo entre nel lleno de la locura de las criptomonedas desde nada o sea con 1000$ repartido en varios memes gane mucho muchísimo dinero hasta lo 00000 sin tener BTC y en poco tiempo lo perdí casi todos con lo poco que me quedaba me compré algo de BTC que en a quel momento valía un 4,300$ dollari mas o menos el resultado de la compra fue de 4 BTC y 0128 y agradezco el día que después de perder todos o casi compré BTC hoy en dia ho creato una cartera haciendo DCA x mi hija de 10 de edad con ya 0,65

FrankSlipHelp

Man you bots like to bot, one quick look at the OP’s post and commemt history make it very clear. That said, Earliest realistic pressure point for Strategy to need to sell a single BTC is September 15, 2027, investors in a convertible bond can demand about $1B back in cash due to a put option. If the company cannot refinance, issue stock, or pay from cash reserves, they might hve to sell Bitcoin to raise the money. This is first pressure point is 18 months from now. A larger debt wall exists between 2028-2032 with roughly $8.2B of total principal comes due across several bonds. If conversions to stock or refinancing fail, selling Bitcoin could be requird to repay lenders. This pressure point is years away Saylor structured the debt so that most of it is convertible to stock and not collateralized by BTC, so no automatic margin call or forced liquidation based on Bitcoin price alone will happen.

PsychologicalBit803

Good time to be stacking. BTC will drop again throughout this year and you should be able to buy a great prices. Congrats!

coinfeeds-bot

tldr; MicroStrategy (MSTR) purchased over 4,000 Bitcoin in a single day, funded through the issuance of its Variable Rate Series A Preferred Stock (STRC). This marks the largest single-day Bitcoin acquisition by the company using STRC. Earlier in the week, the company also acquired over 2,000 Bitcoin. MicroStrategy, the largest public corporate holder of Bitcoin, has been leveraging its preferred equity program to finance these acquisitions, with its total Bitcoin holdings now exceeding 738,000 BTC, representing 3.5% of Bitcoin's circulating supply. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Jaded_Hold_1342

I think the days of high mNAV are long gone. The short sellers would squash that in a heartbeat if it came back with the Chanos hedge play. (short mstr, long btc squash the mNAV down to 1). Eventually debts will come due and the mNAV will collapse <1 while shareholders fret over how that gets resolved. Saylor will never want to sell btc... so he may just keep doing ATM and more dilution with mNAV<1 to avoid needing to sell BTC... that would dilute shareholders and cause mNAV to drop further, but it might be preferred to selling BTC since that would crash the BTC price. I think there's a couple years runway before all this plays out... the cash pile is sufficient for now.

Dangerous_Tap_5045

yeah borrowing against BTC can work if you’re just trying to get some liquidity without selling, but the liquidation risk is no joke. crypto dumps fast and if your LTV is high you can get rekt pretty quick. i’ve seen top crypto kols like Evan Luthra, Anthony Pompliano, and Andreas Antonopoulos talk about using BTC as collateral, but they always say keep the LTV low and have extra collateral ready. otherwise one bad dip and you’re cooked lol.

vishnu317

exactly right the cost basis being underwater is only scary if you think in days not years. the people who bought Bitcoin at $60k in 2021 watched it fall to $16k and held. the ones who panicked sold the bottom. Strategy's $2.25B reserve was specifically built for exactly this moment to keep buying without forced selling. the averaging down point is the key one. they bought 17,994 BTC between March 2 and March 8 alone at these prices. Saylor is not worried about the cost basis. he is treating this as a discount.

kaicenat2341

Just gonna have to take it when p2p only lets you buy 50+ dollars worth of BTC

bitcoinmood

I hope your right. I need to keep stacking. This cheap BTC is incredible right now.

JuxtaposeLife

The data is showing a meaningful decline in selling pressure and coin movement from the cohort that typically has the greatest influence on market direction. This signaling is significantly different from the cycle patterns in movement we can track in real time. For example, a few weeks ago, when Bitcoin was around $90,000, we saw \~328% more activity from holders with balances above 100 BTC and holding periods longer than two years. And near the market top that cohort was selling into the top at more than 10x what their activity is showing this week. By contrast, the data from the last 10 days barely adds up to what that group would often produce in a single day. Historically, one of the clearest signs that a bottom is forming... and that FOMO may soon follow... is a shift in behavior from large holders: moving away from controlled but active distribution and back toward accumulation. When that cohort stops driving fear and supply into the market, shorter-term holders are less likely to capitulate into the kind of sharp flushes that often mark final bottoms. Tying this back to Strategy, the company’s buying behavior matters. They acquired 17,900 BTC last week, have already added roughly 30,000 this week, and may finish closer to 40,000. That scale of demand appears to be influencing the behavior of larger holders in this bear market. There is a reason they are often referred to as smart money.

WormCastings

The future of finance! Or just another asset class attached to tradfi markets. Dissapointing really, had high hopes back in 2019 when I first started looking into BTC as a hedge.

lenissius14

Don't worry, tomorrow I will invest 50% of my payroll, get prepared for 50% crash on BTC

mr_mago85

You should go back, this is 100% no brainer. If it uses the same amount of energy to operate normally, then it's essentially free money. That plus the value of the accumulated BTC value that will be worth after the reset 👌

erocknine

There's a war taking the entire market down for 2 weeks so far and ETH and BTC have gone up. How much more evidence do you need

FeelessTransfer

BTC also likes to do the opposite of what's expected.

JuxtaposeLife

3.90% of active Bitcoin last week were captured by Strategy. The supply shock is coming... this week it's looking like they are buying 6-7% of all active BTC movement this week.

Revenantjuggernaut

Going to have to educate myself more. But I got SPY,QQQ,BTC,VIX UUP,DGX,USO,XLE up on a market tracker and I look at them and try to pretend I know how to read it 😂

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Post is by: Cute_Strawberry_5939 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1rsahfe/btc_back_near_70k_after_trumpiran_deescalation/ Bitcoin is pushing back toward $70K after dipping earlier this week during the Iran tensions. The rebound seems to be happening right as markets reacted to Trump’s comments about the operation being short-term with no troop deployment, which helped calm risk markets a bit. At the same time, a few other signals popped up: • Spot BTC ETFs reportedly saw renewed inflows after weeks of mixed flows • Short liquidations accelerated during the bounce • BTC dominance is back around ~59%, suggesting capital is staying in BTC instead of rotating into alts • Exchange reserves remain relatively low, which some people interpret as reduced sell pressure Another interesting thing is how closely BTC has been moving with Nasdaq futures lately. The correlation with macro assets seems stronger again, which makes the “digital gold vs risk asset” debate come back every cycle. If BTC actually breaks $70K cleanly, some traders are watching the $72-74K range as the next resistance. But if macro sentiment flips again (CPI surprises, geopolitical escalation, etc.), we could easily see another pullback. Curious what everyone here thinks: Is this a real breakout building, or just another macro-driven relief bounce? *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.*

pilatesfarter

The notion that central banks will use collateralized BTC to back CBDC’s is delusional.

Hamzehaq7

hey, i feel you! crypto stuff can be super confusing, especially with all those options. yeah, cash app can convert cash to BTC pretty easily, so that's a good way to go if you already have it. and you're right, BTC is usually the most common, but USDT is good too since it's a stablecoin, so no wild price swings. just make sure you check the fees for conversion! good luck!

CosmicRuin

Looks slick! Possible to add a BTC price currency drop down selection? Maybe list the top 5-10 most common or something.

Gold_Selection_888

Using WazirX to buy crypto and keeping it on the exchange, only for them to get hacked. Couldnt touch my crypto when BTC was pumping. They settled in Singapore courts and basically I got ~80% of my crypto at the price it was at when the hack happened. Massive L

TheDearlyt

If you just want something simple where you can pay with a card and convert to crypto quickly, the easiest options are usually big beginner-friendly apps. Cash App actually can buy Bitcoin, so if the seller accepts BTC that’s probably one of the simplest ways. Another easy option is using a platform where you can add your card, buy the crypto, and send it out from the same app. I used Binance before, but these days I mostly use Nexo because the interface is pretty straightforward.

Icy_Giraffe_21

I've seen some with as much at 25 BTC tied to them, I'm not entirely sure but I would think it would be a character string

Icy_Giraffe_21

There was actually "real" BTC coins that were used as a type of paper wallet with an actual amount of BTC tied to the coin

Eggs-Benny

Take your total amount of BTC.. put half in cold storage.. keep half in ETF/Exchange.. move on with life.

beangone666

can BTC just drop to 30 k already so I can buy a few more. PLEASE!

Maybbaybee

BTC and ETH maxis who are closeted XRP bag holders.

ChanceCash6708

It's getting close to each other. What are we going to see if the current BTC price gets under de mining price. Than are miners losing on mining bitcoin.

Potential-Shallot956

How so? There's one opportunity to do it now, from 6th April you can't buy in ISA so it's now it never. Buying more BTC moving forward will be directly again. What's your reason for thinking it's dumb?

Dipset-20-69

BTC atms are literally designed for this. Who honest uses them for honest things.

ExactPound4449

Dad of 3. Most assets in ETF. Bought 0.5 BTC for my kids. Hodl until 10 m. Fingers crossed.

Jealous-Reindeer-610

Realistically you only need to stamp the first 4 letters of each word of your seed phrase - as they are unique enough that AI could help you workout/spell the rest , I got 4 complete words on 3 washers (both sides + numbered 1-6) & its unlikely your average low I.Q joe is going to even know what they are, I also have a back up wallet on an external harddrive (PW Protected, though I could put it in an encrypted vault folder) , as well I have my wallet copied/cloned/backed up on my P.C & Phone - protected by PW's & pins , soon everyone will have a BTC wallet they can tap cryptopayments to eachother, it does not have to be the same wallet but Electrum is perfect for my needs now, but updates will only improve over time

Dr_Jecky1l

There are risks for both sides - it's why those platforms exist. You as the the individual need to make a decision on which one suits you best. There is always a trade-off between security and convenience. That said, I learned the hard way from Celsius, and never will I go back to keeping my BTC on anything except a hardware wallet.

Yoo_Wooin

Only 1 million BTC left to mine but don't worry it will take alot of time , so no need to worry but if you are worrying about FOMC meeting ( it's unpredictable ) so don't worry just HODL.

Varuni_20

BTC is the way to go! There’s so much happening behind the scenes we’re yet to witness the true growth. I recently made this video on podcast where i talk about how Wall Street is quietly building its wealth on the blockchain. There’s a long long way to go https://youtu.be/00GAqxunl7E?si=sKE_rU0KBeVt2aas

UniChartz

Alden’s *Broken Money* is a gamechanger for understanding the 'Petrodollar' system. It’s hard to unsee the link between military presence and currency demand once you read it. Whether the collapse is 'next week' or 'next decade,' buying BTC isn't just a trade anymore, it's an insurance policy against a system that's clearly over-leveraged.

Revenantjuggernaut

AXS was a shaky swing. Got in like Theo weekends before it fell off. I moved my BTC around. I was gong for 300 Into 1000… got up to 700 then that weekend I was like F pulled out at 500 🤷‍♂️

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Post is by: StatisticianRare21 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1rrzte0/urgently_need_btc_seller/ BTC Buyer Buyer Nationality - US He needs in a discount price Only need seller to do A to B he will move USDT immediately. If anyone have any seller please inbox. *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.*

biophysicsguy

Yeah, I fortunately didn't lose any money in the incident but it opened my eyes to what could've happened. I had joined because of the BTC credit card rewards right around the time that they stopped depositing rewards to the interest account. So my BTC rewards and promotional bonus (might've been like $200) all went into their non-interest wallet account. After all the bankruptcy stuff wallet funds were returned 100%.

No_Investigator3369

I have a swan BTC IRA. you can buy directly there. Though not sure if I am gonna keep it. I feel like I got bait n switched on their fee structure.

lookingglass91

And when oil is priced in btc? Ignore You (2009-2012): BTC is a niche experiment. Cypherpunks mine it; media/Twitter barely notices. Price: <$1 to $10. No threat. Laugh at You/Ridicule (2013-2017): "Magic internet money," Ponzi scam jokes from CNBC, economists (e.g., Krugman: "Bitcoin is evil"). Bubbles pop (Mt. Gox), but awareness grows. Price: $1k peaks, crashes. Retail FOMO starts. Fight You/Attack (2018-2025+): Heavy resistance—regulators ban exchanges (China), SEC lawsuits (Ripple, Coinbase), FUD campaigns ("rat poison squared" - Warren Buffett), inflation smears, energy FUD, CBDC pushes as competition. 2022 FTX collapse weaponized. Yet halvings, Lightning, ETFs force grudging respect. Price: $69k ATH (2021), bear to $16k, back to $100k+ (2025). You Win (2026+ emerging): Mass adoption. Energy priced in BTC. (Electricity / oil), BTC as reserve asset (nations like El Salvador, maybe others), corporate treasuries (MicroStrategy, Tesla hold), TradFi integration (Goldman, Fideltiy, Citi Bank) (ETFs >$100B AUM), payment rails. Governments buy dips or launch BTC ETFs. Price moons indefinitely as sound money supplants fiat. Where are we now (March 2026)? Still deep in Stage 3: Fight You, but cracking toward Stage 4. Post-2025 peak ($125k), we're seeing intensified battles—SEC delays on more ETFs/staking, EU MiCA regs squeezing privacy coins, US political theater (pro/anti-BTC bills), bank FUD on volatility amid macro chaos. But wins mount: Nation-state buying rumors, ETF inflows resuming, on-chain metrics show HODLers stacking (reserves <2.5M BTC). The "fight" is fiercer because victory's close—institutions aren't laughing anymore; they're competing. Full "win" hits when fiat debasement accelerates. Resistance = fuel; expect more noise before silence.

phantaasama

Thanks for your reply! I'm just starting investing/saving in general, most of my available cash goes into BTC/ETH (aiming for 85/15), some cash saving and stuff but mostly cryptos, so I'm not quite there yet but I'm thinking 2-4 years of constant DCA to get where I can borrow against my crypto wallet

Decentralization-God

Ok, perhaps valid comment. But how does that differ from BTC and Saylor desperate mobilization via his buys on weekly/bi-weekly basis? I think the time has come to discuss projects based on their technical value towards real use cases, so primitive speculative and base-less competition and hype making is dying … at least I am hoping 🤔

No_Tutor7069

Yup I have it in my Roth. Buying only when BTC has big drops

CuriousGeorge22_02

If you bought BTC when Gold was around 1.5k, how much would BTC need to be to outperform Gold?

Awkward_Potential_

I have money that's in Roth IRAs anyway so holding BTC in tax free accounts is a no brainer.

Flatulent_Father_

Same. A good chunk in self custody, and then a solid amount of my IRAs as BTC ETFs.

fairlyaveragetrader

I think it's worth knowing how well it's work, how to operate them safely, how the blockchain works, the information side of it. However, from an investment perspective today. If you self-custody you're making your life a lot harder when it comes to taxes. If you use ibit your broker tracks all your tax information. Super simple. If you use coinbase and stay on coinbase. They have your entries and your exits. If you self custody you have to track your purchase and the date, then when you sell you track your sale and the date. You're likely to get incorrect tax information from the exchange, plenty of us did. So, this is the drawback of self custody now that exchanges are sending out 1099 DA's. If you're outside the United States, this doesn't apply to you. In some countries self-custody I'm sure makes a lot more sense. Many of you guys in here are what I would call BTC collectors. The plan is to just buy a little bit more and there isn't really an exit strategy right now. If you're in the USA your life is exponentially easier to do that using ibit or fbtc. You don't have any trade fees and all of your entries are tracked. When you do go to sell it, it's very straightforward, no tax headaches. With self custody you have to secure your seed, track all of your purchases, the month, the dollar amount, if you don't mind doing the extra steps it definitely works. It's just more of a hassle

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Post is by: BendNo2750 and the url/text [ ](https://goo.gl/GP6ppk)is: https://youtube.com/shorts/B5b4CQ08Yww?si=srOd4mh9FPirU2TZ Bitcoin just crossed another scarcity milestone. More than 20 million BTC are already in circulation, which means roughly 95% of the total 21 million supply has already been mined. What’s left now is the final stretch: about 1 million BTC still to be mined, released slower and slower over time as halvings keep cutting new supply.  That’s what makes this moment stand out. We are no longer talking about early supply expansion. We are talking about the last few percent. *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.*

EyesFor1

Self custody every time. Just be a responsible smart individual. Don't let others custody your BTC. If they custody your BTC it isn't yours. Its really simple, don't over complicate it.

stephvax

A lot of it is ETF-related. Authorized participants rebalance around market open, and the creation/redemption mechanism forces spot BTC transactions that show up as exchange inflows. You can actually see it in intraday exchange flow data: deposit spikes cluster in the 30 min window before US open. Options dealers hedging delta adds to it, but the ETF plumbing is the structural driver that didn't exist before 2024.

s3426556

I jumped into the dip and bought BTC with 75% of my total budget, at 69k. The rest (25%) is being DCA-ed weekly, scaling until end of this year. Of course I will buy more if it goes to 60k or 50k. Do you think this is a good plan?

cratos333

I don't like my LTV getting over 50% and it climbed that high within a few weeks of taking the loan. I've been around since 2013 so I know how some of the swings can go in crypto and I get a bit paranoid. But basically, my current liquidation prices for ETH are around $850 and for BTC around $28k. I'm fairly confident those prices won't be touched ever again but my biggest fear is that crypto has never seen a true recession so things could get ugly if we walk into one. If bitcoin goes on a stable uptrend, I wouldn't mind if my LTV gets a little higher but in the current state of things, I wouldn't be shocked if crypto goes down further which is why I'm keeping my LTV sub 40%.

phantaasama

Just curious, what LTV do you normally use? I'm nowhere near having enough BTC to loan against, but when I get there, I'd like to know what LTV more experienced people tend to prefer.

I_Walk_Slow

Ahh man, not BTC or Eth?? /s

cryptofriday

ok, 2 BTC

OBXAngler15

Very similar situation with me. I started buying at 49k back in 2022 when the market was going down. I was excited to buy more and DCA all the way down to 18k. My only issue was not buying enough at those times and worst of all, got caught up in the altcoin craze. While some of my altcoin bags went up, I never sold. If I just DCA into BTC with all the money I put into altcoins I would be sitting pretty right now. This time in the market reminds me of that time as well. I started DCA weekly back into BTC a month ago and just going to do that for the next few months while prices are low. And I’m doubling down! No altcoins for the foreseeable future and sticking with BTC. When the market reverses, I plan to cash out my altcoin bags at my average price (some lose money) and flip into BTC. All a learning process but I’ve seen a full cycle now and know what to expect moving forward.

Novel-Lifeguard6491

The scary part is if BTC drops hard and fast, the lender can sell your BTC automatically to cover the loan. You don't get a warning. It just happens. And crypto can drop 30-40% in a matter of weeks, that's just normal volatility for this asset class. The other thing to watch is if you use that borrowed cash to buy more crypto or stocks, and the market tanks across the board, everything goes down at once. Your collateral loses value AND your new positions are in the red. That's a rough spot to be in.

cashflashmil

The 20M BTC milestone is interesting historically, but from a market perspective it’s mostly symbolic. Bitcoin’s issuance schedule has been known for years, so the market already prices that in. It’s not the kind of event that usually drives price by itself. The FOMC meeting matters much more. Bitcoin is still very sensitive to global liquidity. If the Fed signals tighter policy or keeps rates higher for longer, risk assets tend to cool off. If the tone shifts toward easing or future liquidity, crypto usually reacts quickly because it’s one of the most liquidity-sensitive markets. So the real question isn’t the 20M coin milestone - it’s how the macro environment evolves after the Fed decision. For someone new, trying to front-run these events can be tricky. Many experienced traders wait to see how the market reacts after the announcement rather than positioning heavily before it. If you want to understand these moves better, it helps to follow regular market breakdowns. For example, the WebSnack crypto newsletter tracks Bitcoin moves, macro liquidity and the narratives driving the market, which makes it easier to see the bigger picture during weeks like this.

FreezedPeachNow

Are those all different options, or a complete set of tools grouped together? Because from my first glance at strike it says they convert back fiat. Which I don't want. Sure I could just take the fiat and buy BTC again, but it's an extra step and extra fees

marceldy

usually try some of the standard industry codes like BITCOIN, BTC, UPGRADED, or SATOSHI if you want a discount... You can Google them up :p

Excellent_Heat2888

I'll strongly advise against this because during a long drawdown you'll end up force selling the same BTC you don't want to sell. Speaking from experience bro.

cratos333

I have a fairly sizable loan against my BTC and ETH on coinbase. Process couldn't be easier. Literally had the money within minutes. I also took the loan out right before everything crashed so of course I was panicking but mt LTV is very low and I recommend not going too high on LTV for just that reason. My current rate is like 4% APR and I'm paying it down every month. Current LTV is like 34% so I don't think I'm in much danger. It was easier take the loan or pay the capital gains tax. I would recommend doing the calcs on when you plan on paying it off and what the total interest would be vs what your capital gains hit would be. I'm saving a ton of money by not taking the capital gains tax even with the interest calculated over the next couple of years.

alpacareloaded

It has a limited supply, and it has a diversified number of participants: \- Institutional \- Investment funds \- Individuals investing or protecting their savings \- Traders And more... how would you not get in at least with **your own strategy**? My reason is to grow my savings. What made me **take the decision**? Two factors: 1) Trust, after reading and hearing real-life stories about Bitcoin since 2017, I could tell that there were ups and downs, but that in the end, the market cap always grew. 2) The monetary system in my country was broken. Politicians destroyed our currency and created high inflation. I couldn't save or invest in my own currency, nor could I buy dollars or open a broker account in more "serious" countries. So I was pushed to alternative assets. Both factors combined made me buy, and I got most of my BTC at 12-19k range. It was an amazing return so far.

Charlie-boy1

Selling BTC for alts

jawni

Pretty much everything outside BTC/ETH/BSC/SOL/HYPE and defi bluechips.

Remyleboo99

Isn’t anyone else impressed with how resilient BTC is? Usually it would have cratered with the stock market but it’s still near 70 and going strong!

HereForTheSmug

When BTC is up this sub is full of "I wish BTC was cheaper so I could buy more". When it's down I see nothing but complaints. 

Sad-Equivalent9293

It will be $BTC for me as well, I’ll also borrow against my $BTC on Sats Terminal when I need liquidity or to earn yield with stable coin borrowed. Maintain exposure to $BTC

AutoModerator

Post is by: xtarsy and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1rrsptj/745_smart_money_wallets_are_short_eth_and_sitting/ Hi everyone, been tracking on-chain positioning on Hyperliquid for a while (I did some data analysis on skill-rated wallets). This week's data is worth sharing. Most tracked coins have a modest bearish tilt right now, net biases of -30 to -42. ETH is completely different. 745 high elo wallets are short from around $2,243, net bias of -249, which is nearly 6x the next largest short and bigger than every other coin combined. At today's \~$2,048 the position is sitting on 8.67% unrealized profit. The position being right is also what makes it dangerous. 67% consensus means it's a crowded trade. If ETH catches a bid, $541M needs to exit through the same door at the same time. Here's why it hasn't unwound after 22 days: smart money is being paid to hold on both sides. The ETH short earns funding (paid to short), BTC longs ($768M) are paid to long, and HYPE/SOL/XRP longs are all paid to long too. When the market pays you to hold a profitable position there's no rational pressure to exit. That's structural stickiness, not conviction. The one crack is HYPE. 838 wallets short from $33.16, now at $36.94, sitting on -11.41% unrealized. It's the only losing position in an otherwise profitable book. If covering pressure builds there, worth watching whether it spreads. Last thing: the top-50 rated wallets by performance are unanimously short speculative alts (BABY, XMR, XAI) while the broader wallet population leans long on those same names. The best performers are running a harder bear playbook than the crowd. We're on Day 22 of a RISK OFF regime. These don't break on scheduled news, they break when the crowded side is forced to move. What's your read on ETH here? Is the crowded short a sign of conviction or is the exit risk being underpriced? Wrote a [full breakdown ](https://hyprswarm.com/news/eth-short-crowded-exit/)with more detail here if anyone's interested *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.*

devCheckingIn

So.... Just checking in to see how everyone's feeling now that it's the end of the world as we know it. Will BTC totally thrive, or barely survive? Are we expecting to enter a new Fed rate hike cycle? Does any of this even matter?

Apprehensive-Eye6767

You’re not missing anything. The point of stablecoins is usually not “number goes up.” The point is moving and holding dollar value without touching the banking system every time. That matters more than people think for a few reasons. First, traders use them as parking spots. If you sell BTC and want to stay in crypto without going back to your bank, stablecoins are the waiting room. Second, they are useful for payments and transfers. Sending dollar-equivalent value across borders, fast, any time of day, is a very different experience from wires and local banking rails. Third, in some countries, holding local currency is the risky move, not holding digital dollars. The yield part is where people get confused. The stablecoin itself is not magically producing return. The yield comes from someone else borrowing it, from platform incentives, or from the platform taking risk with your assets. So when you see 8–10%, the right question is not “how can a stable coin do that?” but “who is paying for this, and what risk am I taking to earn it?” So yes, they do serve a real purpose. They are less about investing and more about dollars that move better.

Fit-Poet6736

I have used nexo many times and can recommend it, but not sure about the markets, especially stocks. What I usually do is take out a loan and buy more BTC, since I’m in it for the long term.

marvinrabbit

Honestly, there is one thing that will overshadow any fee comparison. Learn to use the 'pro.' interface and place limit trades. And that is true for EITHER coinbase or kraken. Despite the name, it is free on either platform and not a separate paid service. (Don't confuse this with a prepaid subscription service. Both platforms also offer that but probably don't make sense in your case.) Just spend a couple of hours watching how the charted price moves up and down. Change the graph to a 1 minute interval so you can see the movements. When you are ready, if you are buying, pick a price you're willing to pay slightly below the current trading price, a small quantity either in BTC or more probably your local currency, and "Order". The order will not be executed right away. Instead, your order will be placed in an "order book" and wait until the current trading price meets your order price. Then it will be executed and the trade finalized. If the price never meets your order price, the order will still be held until it does. So you may want to deleted the unfulfilled trade (anytime before it is finalized.) So soon as you get comfortable with that, the question of 'float' goes away, the trading fees drop from 1.5% (or so) to less the 0.50% (or so). I **think** the current coinbase fee for trading like that is 0.40%. I'm trading on kraken for 0.25%. That is the single biggest change you can make. Oh, and BTW; you mentioned: "before i start moving funds around." In my opinion, there is no good reason for moving coins from coinbase to kraken or vice-versa. Anything you move from an exchange should go to a cold wallet in your control. I've been through one exchange failure (there have been multiple!) and thanks to this approach I lost a few hundred dollars instead of my whole bag.

Apprehensive-Eye6767

Given what happened to you with FTX, I’d keep it boring this time. If I were in your shoes, I’d separate three things very clearly: stack sats steadily, keep a real cash buffer, and stop trying to be clever with dips. A weekly DCA already solves most of the problem. The bigger mistake for someone rebuilding trust is usually overcommitting too early, then getting shaken out by volatility a few weeks later. Personally, I’d keep the 7–8k partly outside the market and scale in over time rather than fire it all at once. Not because timing is impossible in some grand philosophical sense, just because peace of mind matters. If BTC drops right after you deploy everything, it can mess with your head even if your long-term view is intact. You already have the right instinct: treat this as accumulation, not a trade. The other part is custody. After FTX, I’d make self-custody part of the plan from day one, not something to think about later. You’re early in your career, you have income, low fixed costs, and time on your side. That matters more than finding the perfect entry.

PatientReasonable348

Ideally you want to keep YOUR BTC in a cold wallet YOU own. Giving money to someone to hold the BTC for you is the same as holding it on Binance. I would use a CEX to buy it and then withdraw to a cold wallet.

u_spawnTrapd

If you’re planning to buy and just forget about it for a while, the main thing is getting it into your own wallet after the purchase. A lot of people still use a regular exchange for the buy because it is simpler, then withdraw to something like BlueWallet and leave it there. DEX options can work, but for BTC they are not always as straightforward as people expect. Fees, liquidity, and the setup can feel a bit clunky if you just want a simple buy and hold. If your goal is long term storage, the wallet part matters more than where the buy happens.

FriendsMade_MeDoIt

BTC is the most recognized, but a lot of people I know stopped using it for small payments because the fees can be annoying. In my friend group people usually go with USDT on one of the cheaper networks since it sends faster and costs less. The biggest thing to watch is the network. If the seller says something like USDT on a specific chain, you have to send it on that exact one or it can get lost. Most crypto exchanges let you buy with a debit card and then withdraw to another wallet address, but the steps can feel confusing the first time. Once you do it once or twice it starts to make more sense.

The_CryptoClock

A healthy level of paranoia is basically a prerequisite for BTC. That’s why the CryptoClock is built as a Watch-Only terminal. No private key access, no seed phrases, no risk of exfiltration. It doesn't want your keys; it just wants to look good on your desk ;). If you want to stay low-key when visitors are over, just switch the face. Privacy is the ultimate luxury.