BTC

Blueberry_Dependent

Thing is if let's say everyone expect 20k BTC and that happens as expected then all of them will buy and become wealthy when the price goes above 126k again. That's not how it works or how the rich will allow it to happen. Rich people manipulate the price, use influencers to brainwash people in believing certain things and then win at the end. So be critical and follow your gut and financial situation. Don't overbuy or expect something just because some rich guy with 10 supercars , 20 houses and 3 girlfriends said that BTC will go 500,000$ in 2 months. This person has enough money not to care even if BTC drops to 1$ but for someone invested heavily without any financial knowledge this would devastate their life and the life of the people close to them. Be smart, don't be stupid!

endlesswurm

This "is btc a religion" question that I see almost everyday really just shows a lack of knowledge from the person asking, nothing more. If you need to ask this simply because you don't get it, than really you need to learn more about it. I have a feeling though that this question is also just bait. BTC is money, stop comparing to religion.

Medium_Change4574

The potential downside on the stock market is insane. BTC could go way lower than the cyclists expect.

JG87919

ETH has been dipping lmao. Wish I never bought that or solana and just bought BTC only. Bunch of trash.

notacat690

First time? Dude I felt the same way 2021/2022, then I look at the move from $16k-$120k and bash my head in for not buying.  BTC usually bottoms out a year after the top, so Nov 27 ish , I’d say just start DCAing 

Blueberry_Dependent

Yes, and yes. Do you believe that BTC will save us all? If you don't I guess this is not the place to you.

Blueberry_Dependent

They still can freeze the address. Go for diversification and different addresses. Try to use different address each time you access the money. Also maybe hold some other crypto like BTC which is not going to be frozen. I think also ETH might be hard to freeze but since the USDC is on ETH blockchain and they can freeze addresses then I guess they can do the same with ETH.

OkRadish2611

Yeah that's always the case. Innovation comes and go in this space. It's like the dot.com boom. New companies come with innovative thought (often bs), useless partnerships, really goes no where but they will keep telling you that they are "developing and building" and then slowly fizzle out. BTC has been number 1 through time and not a single alt is going to challenge it. Just my opinion.

Blueberry_Dependent

They use BTC in Game of Thrones wow, didn't know that. Have to watch the new season then

AquaJay1

In my opinion, DCA is the best approach to purchasing BTC

Blueberry_Dependent

People now see BTC as some money making machine, get rich quick scheme, buying lambo soon BUT truth is (this might sound as a conspiracy theory to some but as you saw for the past few years most of them were true) Bitcoin might have been created to replace the dollar but the true purpose would be bigger - Freedom! Especially in the monitored society we live in. Yes they can see the BTC on the blockchain, your transactions are not hidden but they can't stop it which is the main point. They can't freeze it, they can't take any ownership of it as long as the person have some morals and intellect to keep it safe. The true meaning is deeper than just buying a supercar or go to Dubai and chill. BTC is a special key which can be used to open many doors but at the end the person who holds it is the one with the power to choose which one to open.

thupkt

If you don't have a tax obligation for those funds, full send BTC

CompetitiveAppeal663

Agree with all the DCA stuff others have said….also agree with the comments about not being over allocated to BTC. One other thing that I have done that is helpful is to figure out what you are saving for and figure out exactly how your stack fits into that goal. For me, I am trying to retire early. I have separated out the BTC part of my portfolio as the “extra” and the rest of my “boring” portfolio to pay the bills. If BTC does what I firmly believe it will, the ski trip will be to Switzerland…..if BTC crashes out, the ski trip will include sleeping on my cousin’s couch in UT. The point being that either way I get to retire and go skiing, but I can also sleep at night and not check the price of 10x/day.

Blueberry_Dependent

As much as I want to agree with you please play it smart. You need some money on the side. For example I have enough to push 0.4 BTC but this would mean that all my savings will go there and I won't have any. If the price action continues to go down then you need some fiat to survive the bear crazy market volatility. That's why despite being unemployed I still make sure to buy but also have some fiat on the side. As soon as I get a job I will be more flexible with the buying but for now we have to play it smart

Blueberry_Dependent

I'm clearly joking here. Occasionally I make jokes like that. I'm actually NOT buying when the price is up. I'm mostly buying when there is fear and they say that BTC is dead. It's my favourite time to buy since everything is cheap because of the panic.

OkRadish2611

BTC. Look no where else.

MK2809

It's not really that the price will double its price, it's more the fact that it's roughly 1 year down, 3 years up that doesn't make sense to me, at least in the sense that it could be like this from organic market forces. But it's currently playing out exactly like the past, if BTC bottoms out in October 2026 and starts to rise in price again, the 4-year cycle would be intact.

Delt266

Also the new farm with 17000 liquid cooled BTC miners and dedicated wind turbines that Eric Trump JUST built should close its doors too.. 🙄

NotThe1stNoel

It's always a good time to buy BTC

AttemptKitchen

ETFs only works in BTC and most of them have been holding since the downturn of oct 10 until now. Who the fk wants to buy alts in ETFs, cmon now.

NonVideBunt

Of course he will… it’s easy when you can keep finding regards to buy your bag of MSTR. It’s smart, get other people to fund your BTC and then eventually MSTR falls and he still has the BTC.

i_made_reddit

You’re effectively upping the risk for a better reward in this trade. You can model things all you want, but ultimately it’ll be dependent on the underlying appreciating more than the interest offsets things. If, for example, you went all in now and then the underlying dropped again, would you pay the loan principle in cash or have to sell the BTC? Would you be able to pay the loan off in cash over a prolonged period of time if the price doesn’t move favorably? All questions to consider.

Ineedmorebtc

Did you sell? BTC and maybe ETH are all you need.

psycho_driver

All of these "y u so fraid to buy?!" posts are starting to sound like Sam Altman begging for more OpenAI money. Just sit back and shitpost. BTC isn't going anyway but up (eventually).

biba8163

> You are right about all of these except your prognosis about ETH. correct me where I was wrong > "A Fat Orange Man haveth a greater chance to pass through the Blades of a Windmill than ETH haveth of reaching $5K" - Genesis 42-69. **(Feb. 2025)** https://np.reddit.com/r/CryptoCurrency/comments/1i0amu5/ethereum_whale_offloads_33_million_in_eth_at_a/m6xbsy8/ > ETH is a Network Utility Token. That is all ETH is. It's competing with a many competing network utility tokens and many networks and L2s. These networks are increasingly going to be rails for stablecoins and such (97% of RWA are just stablecoins) and in order for the network to remain competitive they need to remain cheap. **ETH is utility of being a rail for tokenized assets doesn't give it a $500 Billion marketcap **(November 2024)** https://np.reddit.com/r/ethfinance/comments/1gq6ahm/daily_general_discussion_november_13_2024/lwyql0 > **Who the hell is buying ETH for $3,000+? That is insanely expensive.** Plus, insiders, developers, VCs got a ton of the supply for essentially free and have oligarchical privilege to print their own ETH for free and dump until perpetuity. https://np.reddit.com/r/CryptoCurrency/comments/1gujmk1/daily_crypto_discussion_november_19_2024_gmt0/lxzks6h/ > *ETH is a casino coin whose value is a mirage derived from stacking on-chain leverage in places like Aave, Maker, etc where ETH is the dominant collateral asset for gambling for ETH and various shitcoin tokens people think are DeFi.* **When the shit hits the fan, you have cascading ETH liquidations to reveal the ugly shitcoinery lying underneath. (Feb. 2025)** https://np.reddit.com/r/CryptoCurrency/comments/1igeysk/the_eth_to_btc_ratio_just_flash_crashed_to_02337/mapylwj/ > **That pet rock is what gives ETH and Alts value.** ETH doesn't attract money and appreciate on its own like all Alts; ETH ONLY appreciate and attract capital after money flows into BTC and flows out seeking more profit. **(Nov. 2024)** > - Summer 2017, ETH hits ATH of $400 after BTC hits local top of $3,000 > - January 2018, ETH hits ATH of $1,400 after BTC hits cycle top of $20K > - May 2021, ETH hits ATH after BTC tops out in April 2021 > - Nov 2021. ETH hits ATH in December after BTC tops out in November 2021 https://np.reddit.com/r/ethfinance/comments/1gq6ahm/daily_general_discussion_november_13_2024/lwyql0m/ > If you think 0.04 BTC is low, the ETH/BTC ratio is going to feel like getting kicked in the nuts over and over again over the long term as the ratio falls below 0.01 and goes lower and lower. **(Sept. 2024)** > Long term ALL Alts follow the same trend and fall below the initial BTC value they started at. Pretty much all the older Alts, even the most successful fall below this value. ETH is also trending long term to fall below this value. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern for 14 years. > | | Initial | High | Current | > |:-----------|------------:|:------------:|------------:| > | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC > | XRP | 5,594 SATS| 22,500 SATS | 940 SATS > | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC > | ETH | 0.01 BTC | 0.15 BTC | 0.041 BTC https://np.reddit.com/r/CryptoCurrency/comments/1fgzm3z/daily_crypto_discussion_september_15_2024_gmt0/ln9jvc

Cat1nthesack

Haha true. I actually made my first BTC purchase around 62k, but I won’t be surprised to see it go lower 

Simp3204

BTC is a known investment vehicle now, people just want to manipulate the ride up and down. DCA to smooth out the bumps

wgcole01

Same. I last bought BTC in 2019. I still have every sat I bought back then and it's what's keeping my overall p&l in the green. I really can't lose as long as I hold it, no matter what else I might make a bet on.

devCheckingIn

Don't get me wrong, if I had money I'd be buying around $58k. But I think the stock market is going to have it's due bear market soon also, and I would probably wait until that hits to see where BTC goes.

Cat1nthesack

Quite awful if you were heavy into alts. Sold some positions in alts at a loss, but I was most invested in BTC. And I bought most of my position during the last bear market. 

Express-Economist-86

Get on GoMining, pay the $25 for their miner (add more if you want faster) boom. BTC every 24 hours. It’s like DCA every day, but better because it’s permanent, and also more total BTC when the USD cost is lower. If anyone is reading this and thinking about it, you will be disappointed unless you max your discount, and this is not a fast-buck thing. But it *is* a good way to start thinking long term and since you own a miner, you might as well wait it out.

ryta1203

If Alts are dead so is crypto (BTC included).

Cat1nthesack

Indeed. I sold on the way down when BTC was around 100k. It was difficult then, because there was a voice telling me: it might go back up! But in the end my 

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Post is by: SquallLionheart and the url/text [ ](https://goo.gl/GP6ppk)is: /r/u_SquallLionheart/comments/1r1wx21/my_journey_into_automated_crypto_trading/ I have been trading crypto for 4-5 years now, I have passed multiple prop firms, multiple times, all eventually leading to ruin! I realized the weakest link in the chain most often human psychology! I decided, "It has to be better to automate this"... I already had a background in Javascript, I enjoyed tinkering and building stuff. I learned python as I started exploring yfinance and more importantly ta-lib (to calculate all the indicators I typically used in TradingView). This was a fun experience and slowly exposed me to AI prediction models, Random Forest Classification, LSTM etc. I trained models on years of daily candles (plus indicators), and began predicting tomorrow candle direction. This gave me a MASSIVE false-sense of genius (LOL). I wrote a nodejs application to call the python app, get prediction and execute trade on Bybit if confidence was high. Problem was, models were trained on ALL the datapoints (indicators, OHLCV), many of which were pointless unless normalized. After few weeks my balance was dust. New idea.... Just take all that data (pricing+indicators) for the past x days for BTC, and throw it into chatGPT and ask it to find high-confidence trades. This actually worked well for a time, but really suffered during choppy days/weeks... As, for the most part, it was giving me trade setups every day.   The more prescriptive I got in my prompt(s) to chatGPT, the more I realized I could probably just program exactly what I wanted. I tried removing AI completely and defined an SMC strategy with limited success. I reintroduced AI, with more of an "agentic" flow (not truely agentic though). I used a riskManager, portfolioManager, Trader (creates signal), Executor (makes trades)... This had amazing short-term results (due entirely to large position size), but ultimately rinsed my account after a string of losses. Which the continuing burden of *not-yet-being-a-millionaire* I turned my focus away from executing and back to data - I started building out the python data feed into a stand alone data API, storing historic data in supabase and serving up pricing and indicators. The most recent addition is a Hidden Markov Model (per ticker) to detect the current market regime and give it a score 0-100 (0-30 Bearish, 70-100 Bullish, 30-70 Chop).  Made a good portion available for free, eating the \~$20/month infra costs myself. Plan: when I turn back on autotrading with strict behavior depending on market regime, autotrading will help pay infra. **I'd love to hear:** * Has anyone else tried HMM for crypto? * What useful data features are missing? * Your own trading bot war stories! If you want to check out sample use case apps, they are in my Github Anyway thanks for coming to my TedTalk, any questions let me know... :) *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.*

seomajster

S&P500 have high chances of entering bear market very very soon. BTC will follow with more looses. At least few months of sorrow are ahead. Sell stocks and wait till shit hit the fan. If Microstrategy will go belly up, or will be forced to sell most of its BTC we may see best promo ever. $20-$40k. Wait till it looks like there is no hope. *Its not financial advice*

AlexWasTakenWasTaken

Well, that's the irrational part. I'm super convinced in the asset when it is as it's peak. Inversely, when we see these prices and drawdowns it makes you question the underlying assumption. What if BTC never recovers?

Blueberry_Dependent

My goal is something like 0.5 BTC. This would be very nice. Currently I'm unemployed still I have cash on the side for a big buy without hurting my financial situation. That's why I'm waiting for some big panic drop so I can accumulate at this specific moment. If that doesn't happen it's all fine, I will still buy but smaller amounts 

JumpedUpPantryBoyy

If he is young and makes regular contributions to VWCE, it will be worth a very handsome amount later on in life. Regardless of what happens to BTC. If BTC continues to grow how we expect then winner winner chicken dinner.

Significant_Mousse53

take BTC out of the exchange, set up an automated DCA scheme and learn how timing the market is a bad idea. The urge will be reduced (to about 6x per day).

Dnlaly

He hated BTC during his first term.

Patrick_Atsushi

I think the "never sell" is going to change, and with careful timing those people can actually have some gain in terms of fiat or BTC, not sure what will be the impact on the ecosystem though.

jasomniax

That was what I thought in 2022 as well. But seeing as in the recent BTC bull market ADA didn't go up that much. Also the TVL fell from $700M in 2025 to $200M as of now. Regarding the eUTXO tech, that is something I was also worried about, but I thought people would figure it out eventually(Iirc the language was Haskell or something). I guess it's that inconvenient, that devs prefer working on eth newtwork or other ones.

hit_that_snare

Don’t put it all in BTC. I would recommend putting 20k into an all-world ETF like VWCE and the rest in BTC. Hedge the risk and diversify.

jakedaboiii

This is an issue of anxiety and nothing to do per say with BTC. Work on what's going on in your head, allow the anxiety of not knowing (will be uncomfortable at first), and the rest will take care of itself.

AcostaJA

Follow nasdaq:500 software https://finance.yahoo.com/quote/%5ESP500-451030/ Now look at Bitcoin (set both at same time ranges 6M) https://finance.yahoo.com/quote/BTC-USD/ 😎

Jabulon

is that a lie? its almost as if he has to guarantee the interest in BTC, an interest that is purely speculation that it will keep going in value, despite not being very useful. It reeks of a bubble

Necessary-Nature-380

Trump has made BTC worse, there's no doubt about that. And $35k is very cheap which is why it's considered a pre-emptive bottom..

Dziabadu

Do you understand that banks are running for life? They will do everything to dump postpone talk down etc. But God candles are inevitable. BTC lands on wallets 10 times faster than production. With manipulation and leverage they will only make Bitcoin more explosive. They want everyone miss the best 10 days of each year. That way it keeps loosing for idiots that want quick buck.

juhastocks

I been in crypto since 2016 The good days are gone Stick to BTC Crypto is NOT a buy and hold strategy for ALT coins - you need to actively trade these - most go to shit Don’t listen to all the influencers pumping bs

Necessary-Nature-380

$35k is 2023 levels, all the metrics suggest BTC is massively oversold, yet no-one is buying? $56k is certainly breakable considering resistance levels are not being broken and new ones are forming. We all thought $75k BTC would never be seen again yet here we are...

baIIern

This sub was so damn quiet when BTC was below 20k....

Jaimitowarrior100

To say the least. Bear market just started. Nobody in the mass media cares about BTC and won't either, unless it hits ATH, and that is a big maybe. We need to go way higher than ATH to spark any attention...

Rocko210

I agree. People calling for the end of BTC, but don’t want to give it away.

Rocko210

I agree. I’ll take a 40K BTC. But yes, the rich assholes like Michael Saylor will buy it up like crazy. They have the capital to buy up billions worth of it, retail investors don’t.

Rocko210

BTC is dead, feel free to send it to me.

KipAndrew

$65K base case feels right but that air pocket they mention is real. been rotating some into SEI actually since its already beaten down and has actual tech. worst case BTC tests $55K if macro breaks but idk seems like capitulation already happened

patizone

What indicator of Ben do you mean? BTC risk metric or social risk?

RandomPlayerCSGO

The way I see it and how I understand them from an economics point of view (I'm an economist). Those 2 are the most valuable cryptos, BTC is the direct competitor to the modern monetary system (which kinda works as a scam), it is a possible asset that central banks may use in the future to back their shitty government currencies (I doubt mandatory fiat currency will disappear). Meanwhile Monero is the black market money, the money for people who don't want to submit to the government controlled economy, black market is an essential part of the worlds economy since the way an economy works is that demand and supply must always meet, so the more you ban or restrict trade of goods and services the more black market you get. Right now the global trend is more government control over the economy, more trade restrictions, more attacks to the market, in the EU for example black market activity is at an all time high due to this. So basically I'm betting at the same time on the future replacement for legal money and the future replacement for illegal money, since both are necessary in modern state controlled economies.

2xfun

Apathy is here to stay. BTC is forever dead now.

ithastogoupfromhere

BTC is going down for months now, why would anybody buy it at this time

Slartibartfast342

I think a good rule of thumb is to sell at least half of a 100% profit. Basically if you buy 100$ now at 60k, and in a year or two it goes to 120k and your BTC is worth 200$, it would be reasonable to sell 50$ worth of BTC. You can keep that in usdc/t and then just buy back in if it drops a bit. That should yield more profit in the long run than just buying low and holding until BTC hits 1 million, because you’re almost 100% there will be a bear market every 4 years so you will be able to buy in with the skimmed profits.

RandomPlayerCSGO

Worked for me so far hahaha. I literally just use BTC and Monero as my unit of savings without planning to ever sell, and when I need to buy something I try to buy it straight with crypto and If I can't I only sell the exact amount I need to spent

Necessary-Nature-380

We saw this last time on Oct 10, huge crash on BTC followed by a 10%-15% pump. That pump is merely just longs trying to "buy the dip", and not a genuine belief of an investment opportunity. Now it's just slow bleeding back to the pre-crash value of $60k... lower lows forming. It's just the same thing again and again.. Until BTC goes even lower to say... $35k where it's completely unsustainable to stop the bulls buying (since BTC is too cheap)... is when BTC will truly rise back to higher highs...

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Post is by: AlexWasTakenWasTaken and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoCurrency/comments/1r1sfe9/dynamic_dca_returned_me_170_vs_70_for_normal_dca/ About two years ago, I wrote [A Practical Guide to Dynamic DCA + Risk Metric Tier List](https://www.reddit.com/r/CryptoCurrency/comments/1am42ts/a_practical_guide_to_dynamic_dca_risk_metric_tier/) on here. With the current drawdown and all the "how should I DCA, what's your strategy?" posts popping up, I wanted to follow up with what actually happened since then. **What's the strategy?** Dynamic DCA is about adjusting your investment based on current market conditions. You use a risk metric to figure out whether the market is overbought or oversold, then invest more when risk is low and invest less (or nothing, or sell) when risk is high. From my original post: >"Dynamic DCA isn't about timing the market perfectly. It's about making informed decisions based on market conditions." The longer explanation is in that post if you want to deep-dive. I linked several risk metrics one could use to define buy/sell amounts. **My results** I've been running a moderate strategy since 2022. Over 4 years, it returned about 170% in profit. Normal DCA over the same period? Around 70%. Same dollar amount going in, but I ended up with significantly more BTC because I was buying heavier when prices were low and pulling back when they were high. **The part nobody talks about** The results sound clean in hindsight. Living through it was a different story. Late 2022. FTX had just imploded. Sentiment was in the gutter. Every headline said crypto was done. And my strategy was telling me to buy *more*. I remember staring at the screen thinking "this is the time the model is just wrong." I didn't override it. But I'd be lying if I said it was easy. That's the real edge of this approach. Not the math. Whether you can actually follow your own rules when your gut is screaming at you to stop. Having the thresholds set in advance is what saved me. I didn't have to make a decision in the moment. I just had to not *undo* the decision I'd already made. My strategy is telling me to buy more right now, too. Feels just as uncomfortable. **Risk metrics: what's still working** My original post had a tier list. Most of it still holds up: * Benjamin Cowen's indicator is still solid if you're willing to pay for it but it's very expensive * Fear and Greed Index is more of a sentiment gauge. I wouldn't build a DCA strategy around it alone, but it's useful context. * I personally use AlphaSquared because I like the features. That said, the principle works regardless of which metric you pick. **The actual takeaway** You don't need a perfect risk metric. You need one that's roughly right and that you'll actually stick to. I didn't touch my strategy once it was set. Pick a metric. Set your thresholds. Commit for a full cycle. The hard part is trusting the system when your gut tells you to do the opposite. **Curious:** What risk metrics are others here actually using for DCA? And has anyone else stuck with the same strategy through a full cycle without tweaking it? That discipline piece has been the real test for me. Would love to hear how others handle it. *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.*

AlexWasTakenWasTaken

That's not too bad. But basically, you're not investing into BTC for most of the time then. Are you buying right now? As in, sticking to your strategy? Because it's a gutting feeling to do so.

hugeasspunk

One night, I needed to send some BTC to someone really quickly. My main exchange was down and asking for verification, and I started getting stressed. I tried a few smaller exchanges, but they all wanted my ID too. Then I remembered Changeum from something I read online. I tried it, and it worked! I felt so relieved. It’s not completely private, but it saved me from a big headache that night.

Efficient_Bluebird_2

Yeah well i just listed my house for 699 BTC. Your move carbone 

Patrick_Atsushi

I consider to buy when RSI goes lower than 30 for BTC. Still figuring a way to sell though.

Successful_Pin_2641

If BTC goes to 45k alts will like -50% from here

dragonballsteve85

So BTC and ETH only? Entry point?

trader2O

BTC is on its way to retest 60k. Be patient.

Mighty-Minion8865

I wouldn’t necessarily call it a bad investment. For example, if you’re getting around $0.21 per day, that’s roughly an 8–9% ROI currently if you pay maintenance with BTC. The way I do it, I leave GMT in my wallet to pay maintenance, and when I get my daily BTC reward from mining, I use part of that to replenish the GMT I used, that way I always keep the same amount of GMT in my wallet, which I can withdraw at any time. Doing this effectively increases ROI to around 20–22%. Right now, Bitcoin is at a low price, so mining rewards aren’t as juicy as they would be if BTC were higher. This isn’t just GoMining, it’s the nature of mining with volatility and changing difficulty. If Bitcoin were to go back to $100,000, the same operation would look much more profitable. At this stage, I’d consider doing both, buying some BTC through DCA and also accumulating TH on GoMining while rates are relatively low.

dragonballsteve85

Predictions for the bottom? I hold literally nothing. Looking for a good entry point for BTC and a handful of ALTS (ETH, HBAR, ADA, maybe XRP)

RiceMofo

No risk no reward. It’s not like he’s selling a kidney and the last 16 years have shown that BTC will rise from 40-50k to new ATH

qwertydcf

BTC / ATH 126.000 : 2 = BTC 63000 : 2 Bitcoin 31.500 so lets say 30-35k thats the bottom this cycle. thank me later. NFA.

vnzinki

I'm Satoshi, my hard drive is broken and I'm at a computer repair shop trying to fix it, but I forgot my wallet. Please send me 1 BTC. My friend, a Nigerian prince, will repay you asap.

beja3

I don't really see it as a risk. BTC in my mind is just a symbol for protecting big money at the cost of everything else, including the environment or utility. So betting on altcoins I see as betting that crypto has any future at all. I can't imagine bitcoin has much of a place in the future of crypto. So I wonder as long see BTC as the standard for crypto I don't see crypto having a good time. People want BTC to be a "store of value" although it doesn't have anything to back up that value. So don't be surprised if it doesn't actually function as a store of value.

phylovevirtue

😊 I don't see it as a scam, but it's just a bad investment. You would be better off just buying BTC directly. I only keep investing in GoMining because it's fun.

MikaelAbou

I love this perspective and its probably what I needed to hear! I don’t see why I would have to pay 8000 to 9000 in interest on a 30k loan though. Thanks to my current situation, I can pay off 30k in a year if need be. Im also happy to see BTC going down a lot lower even if I use leverage. So why even take a loan you ask? Because I really don’t believe that purchasing a full coin will be on the table for very long (for me anyways) and this potential loan could help me do it… aaaaand now Im hoping for a double length bear market lol

Zealousideal-Trash15

If you think I'm bailing after the shit kicking BTC has taken lately 

deadmonk964

Take a loan for 2BTC

Pixels_Or_Thoughts

I get why this sounds outrageous, but I think the way you’ve translated the proposal into examples is mixing a few things together and making it look worse than it actually is. From 2028 the idea is you’re taxed each year on the actual return on your assets (interest, dividends, rent, plus unrealised and realised value changes), not 36% of your total wealth. So in your BTC example, you’re paying roughly 36% of the gain in that year (after a small tax‑free allowance and any box‑3 losses). If the asset then drops again the next year, that negative return can be used to offset positive returns in box 3, so you don’t just get taxed forever on a gain that later disappears. That doesn’t solve the cash‑flow problem for volatile stuff like crypto, but it does mean the “you pay tax on nothing and never get it back” picture isn’t fully accurate. Finally, you shouldn’t glass over the fact that the law is still a proposal and has been heavily criticised (including by the Raad van State and many political parties), so it may still change before 2028. For anyone who wants to look at the details (in Dutch and English): • NL government explanation of the plan: https://www.rijksoverheid.nl/onderwerpen/inkomstenbelasting/plannen-werkelijk-rendement-box-3 • Deloitte summary (English): https://www.deloitte.com/nl/en/services/tax/perspectives/wetsvoorstel-wet-werkelijk-rendement-box-3-ingediend-tweede-kamer.html • Forvis Mazars overview (English): https://www.forvismazars.com/nl/en/who-we-are/news-events-and-publications/news/from-2028-taxation-in-box-3

LovelyDayHere

> The Bitcoin Cash fools At least provided a working scaling solution for Bitcoin, unlike the Lightning Network on BTC.

stupiddodid

Everyone is going to have a different risk tolerance. Assuming the top is in this was a pretty muted bull run. What if we have a double length bear market just to wreck the hopes and dreams of everyone else? Do you want to be underwater and paying interest for the next 5 years? What if it goes down to sub $20k again? Are you ok making interest payments in the interim ($8000-$9000 or more)? If so then go ahead. As long as you are aware that every interest dollar could be going to BTC. Probalistically it is a good buy at 30 or 40k on small leverage. But if it goes the other way can you stomache it? Only you can decide. Anyone telling you otherwise is guessing. You are always better off spending money that is already yours and that you are ok to see fluctuate

Low_Midnight1523

Bought bitcoin recently too, but I prefer trading through OpenSea now. It’s all wallet-based, which means your coins stay in your control. Plus, the multi-chain swapping options help spread risk a bit instead of just holding BTC on one exchange.

aaj094

Is that what you see when you look at the BCH/BTC chart since 2017? 0.4 to 0.007. Sure, you may be looking at the period of last one year that saw 0.004 to 0.007.

BadBadGrades

It’s fine, all alts will be sold first. And that money will be put into BTC. Might be bearish first. What’s the alternative? Dollar that’s falling or gold that is pumped? Or buying stocks, what is making records to.

OldHamburger7923

He should just tell us the compounding rate for BTC. I've been in this since 2010 and this is the first time I've heard we get yields. I'd love to learn more.

MikaelAbou

Why do you think so? Are you long term bearish on BTC?

EduPepper

holding PAXG and USDC in a self-custody wallet is a solid move for your situation, since you control the keys and no third party can freeze your assets. for long-term storage, consider using a hardware wallet for the seed phrase and maybe diversify a bit with a small allocation to BTC as a hedge. i used a similar set up to preserve value before moving countries, keeping most in stablecoins and a portion in PAXG, managed everything through alicebob wallet for the convenience and security.

hawkeling

Sergey Nazarov. (SN) Russian proxy shown in the original btc hex shows hotel reviews under the name Sergey, 6 days after white paper for BTC, Sergey purchase smartcontract.com there’s no way it’s not him

Successful_Pin_2641

Nice. We will see if there even is a BTC bullrun after our matureness 😂

ZannyNanny23

Link, hbar, tao, xlm, xrp, BTC, eth, sol, and zbcn. Quant

Simke11

100%. This time I had ETH as 30% of my portfolio, next time it's BTC only. I did make money on it, but would have been much better off with just BTC.

Simke11

I wasn't in alts this time, with the exception of ETH (was 30% of portfolio), next time it's going to be BTC only.

Famous-Ebb3041

I'm still about $1,400 in the green (profit) on my 10% of 1 BTC. I'm waiting (none too patiently, either) for it to fall negative and plan to buy up every little bit on the way down. Sure wish it would hurry and fall... but that's the nature of crypto... it goes up and it goes down and it goes up and it goes down... a very tiring rollercoaster! :-D

JLC587

Sell low and buy later when it’s back up? Thats the exact opposite of what anybody should do with BTC.

Successful_Pin_2641

If i would have bought BTC i would have been golden

ReliantToker

THE 1FLAMEN6 PUZZLE ​While many view the current market slide as an "impossible" puzzle to solve, a real-world Bitcoin masterpiece once stumped the world's best codebreakers for three years. ​In 2015, a crypto-artist named Marguerite deCourcelle (known as @coin_artist) released an oil painting titled "TORCHED H34R7S." It was a complex, beautiful work based on Shakespeare’s The Phoenix and the Turtle, but hidden within its brushstrokes was a private key to a wallet containing 5 BTC. At the time of its creation, those coins were worth roughly $1,200. By the time someone finally solved it in 2018, they were worth over $50,000. ​The solution was staggering: a series of 1s and 0s were encoded into the width and color of the flames bordering the canvas. To decrypt the final key, the solver had to realize that the literal "key" in the painting's corner was tied with ribbons of varying lengths that functioned as a binary cipher. It stands as a testament to the "Cypherpunk" spirit—that value isn't just something you trade on an exchange, but something earned through logic, persistence, and seeing patterns where others only see chaos.

Ancient_Command687

Hi Satoshi here Glad you bought BTC 🫡