BTC

oneawesomewave

You can make peace with yourself if you stop telling yourself and others fairy tales. You would have made something like $500 and felt like a financial genius or something. Then, as BTC kept climbing, you would have felt even more miserable because you thought you were a genius, only to realize that you were just a gambler like everybody else. How does that taste? Surely, you would have started telling yourself that it would eventually drop to zero and constantly checking the price charts. With every bear market, you would have felt some sort of happiness, barely enough to fill the inner void. And then despair and anger whenever the bull market returned. Then, at some point, you would have found r/Buttcoin. And that’s where you would be sitting now, yelling at people you don’t know. Much like now, only on the other side. You didn’t lose a chance. You just missed it. And you would have lost it over and over and over again because you simply weren’t dedicated enough to actually hold on to it. So stop telling yourself lies and buy whatever you like to buy.

PrettyQuick

If your in Euros like me its always the other way around thinking im rich whenever i see a BTC post at 80k

derbyfan1

# Looking for $1000000 worth of BTC to test my wallet. Hey everyone! I previously asked for around $3 because I thought I needed that much to experiment with crypto. I recently found out that even a much smaller amount is enough for basic testing. Would anyone be willing to send me $1000000 worth of BTC so I can test receiving and sending it from my Trust Wallet? No pressure at all if you don't want to. I just want to learn how it works. Thanks! 🙏 [](https://www.reddit.com/r/CryptoCurrency/?f=flair_name%3A%22TECHNOLOGY%22)

BlazingPalm

Hate the low-effort AI, but the concept that is now coming online is quite exciting: BTC-backed mortgage loans with no liquidation. As long as you service the loan, your collateral remains. This is huge for big hodlers and those who believe in the asymmetrical nature of BTC and the outsized gains that are possible over longer time periods, say 20 years! Let’s say strong inflation persists and BTC has 10x over 10 years. You could potentially pay off the loan early and still retain 80-90% of your now massive stack. If BTC disappoints, well, you just stick to plan A.

filenotfounderror

You could always join r/buttcoin with all the other people who knew about BTC but are angry they never bought in.

Alive-Material4405

Move it into the your own Roth account using Fidelity. Then you can buy SPOT BTC, MSTR, ASST. 1/3 each. Hold for 10 years... retire.[](https://www.fidelity.com/retirement/roth-ira)

Good_Extension_9642

But what makes you think if you would have gotten the 1500 BTC your inner voice wouldn't have said "sell" as soon as it crossed the 100 or 1000 price

BuyIndependent2319

The voice speaking to me was my girlfriend in college, that I gave my heart to. I didn’t listen to her plea to just buy 1500 BTC.

Academic_Audience407

ETH will surpass BTC in the near future. SOL as well.

rgnet1

Yeah, the other critical thing to know with bitcoin is that ALL btc sitting at a single address MUST be accounted for in a transaction. Meaning, if you have 10 BTC on a SINGLE address and you want to send 6 BTC to someone else, the transaction must be: 6 BTC -> destination address 4 BTC -> "change" address Sometimes, wallet software would set the "change" address right back to the origin address. So while the net result is the origin address just deducted 6 BTC from its balance, a true ledger transaction occurs of "-10 BTC, +4 BTC". This would have been great for Stone Man. But for privacy purposes, the default bitcoin wallet behavior is for the remaining BTC to be sent to a NEW change address generated automatically by the wallet. There is no technical difference between a "receive" address and "change" address. And there's the problem. His back up wallet file was made before the change address was generated. So his 8,999 BTC change went to an address that was never backed up and lost when he shut down his impermanent Linux distro. This is probably the de facto case study of why heurodeterministic (HD) wallets were later invented. 12 seed words could be remembered and they would always derive the same receive and change addresses. No wallet file backups needed, no random addresses generated on the fly that would be unrecoverable if the wallet file was not backed up.

Difficult_Letter_607

You do not mate. And you shouldn't think about that nonsense. Most people whom did what you were intended to do were the ones who sold BTC at 0,50€/btc and bought again at 2,00$/btc and sold at 2,50$/btc. This loop which did not make them rich. Bitcoin were only life changing for the ones who bought or mined it for the play and completely forgot about it... until one day searching their PC they find out about those old adresses for BTC and voi lá, rich!

BuyIndependent2319

The thing was if I had just listened to the inner voice and just bought 1500 BTC I would have been at peace with myself, not constantly arguing. And it might have given me guidance of what to do, when to sell. It wouldn’t have been done out of greed

AlternativeToday279

We all carry those moments, like a stone in the pocket. The 50 BTC one stings different because it was already in your hand.

No_Community7021

"Why do people..." is never a good opening because we all are people and say different things. I for one have no clue about what's gonna happen but just hopes BTC keeps evolving and allowing us to have some fun and earn some money for long time.

Sufficient_Show1

I have which I wont sell untill I see BTC at atleast 500K, Lol

TheBigLR901

Thats a BTC buy signal

BuyIndependent2319

Life is absolutely horrible, miserable for me. I brought this all on myself too. All because I stupidly thought the entire Bitcoin community hated me. I pace around the clock and I’m ruminating constantly. I sometimes wonder even if I got my 1500 BTC somehow would I finally stop pacing or was this all tied to this one decision of “doing something I wasn’t supposed to do” or asking for more than the 1500

BuyIndependent2319

Yeah I know what you mean, even though I kind of knew it would take off. I didn’t buy any because I thought that I was “greedy” to want so much money in the future. Looking back though, I didn’t have to want so much. 1500 BTC would have definitely been acceptable.

__Ken_Adams__

You could run the entire global economy on 1 bitcoin. Lost coins is not a problem. >given enough time there will only be a few holders left What is this statement? This assumes no new buyers/adopters. BTC is changing hands & flowing into new holders all the time.

Puzzleheaded_Card_71

Don’t. Like others said it’s a vestige of the past. That said SOL, ETH and a few others have good to great metrics in terms of actual users, TVL, daily transactions, etc. Nothing wrong with some exposure to them and If you want to gamble, have fun. Even a dead chain like cardano can see a 10% burst when btc starts to run - but I wouldnt go hard into any old coin other than BTC, SOL, ETH.

ProfessorSevere9214

Too many of these instances where thousands of BTC are just forever lost from the supply. Its actually a really bad concern for BTC market in general

ilovemydognacho

I am proud of my whole 1 BTC

Amins66

Stupid people will be departed from their BTC - history repeats

BrainGamer_

Been DCAing directly into my hard wallet with Relai for half a decade now and the BTC actually going into my wallet is +- 1% of the € value of the bank transfer at that time. There have been some outliers with -5% up to +2% but the vast majority is around -1%.

ccoinmintcc

Currency is a widely accepted economic instrument used to exchange goods and services, measure value, and store purchasing power. US Dollar = People trust the country and its financial system, therefore they are willing to accept the US dollar. BTC = People trust the publicly available technical rules and network consensus, therefore they are willing to accept BTC.

Queasy-Ride4291

Next Cold Card stolen BTC story in 10 years….Time Lock. With classic Reddit headlines such as “I can’t believe it, my Bitcoin was stolen 10 years ago and I didn’t even Know!” And “Time Lock Made me Feel Safe for a Decade, Little Did I Know….” and “Went to Finally Retire and Found Out my BTC was Stolen 20 years Ago!”

Legitimate_Cry_5194

In crypto, 100%. Which means in BTC 100%. In cash i keep a generous budget to cover my expenses until the end of 2029.

Stunning-Chipmunk243

Wait, I thought the house you financed was the collateral? Let's say I have $500,000 in BTC and I borrow against it taking a loan of $400,000. The next day BTC plummets and your $500,000 is only worth $200,000, what then ? Does the bank repossess the house or force you to come up with the difference in collateral with either cash or something else?

xtexm

BTC won’t be the pipe dream everyone thinks if we keep handing over ownership to institutional capital. People get too cocky when number goes up, thinking they can borrow against it, and outsmart everyone. Most people today still choose $10k over 100 bitcoin (literally ask anyone on the streets). Having very small amount(s) of BTC that you self custody is way more powerful than someone taking the risk of borrowing against a large sum of sats. It can be done, but you introduce counterparty risk. Remember the goal is to get YOU in debt. Theres *not* enough *money* to repay the *interest* on the *debt*. I’m afraid it will be an awakening call when people get rich in fiat terms, take on more debt, start trying to outsmart or outperform BTC chasing dollars. Some people do live in a BTC standard, but they earn, spend, and save in BTC.

iScreem1

That companies and people are using their hardware for AI doesn't affect the BTC price. It isn't any news anyways, there is a bunch of people renting their gigs for AI use.

Horror_Office_5737

Yeah I’m pretty much seeing the same thing. The greed number is probably the bit I’m watching most 65 isn’t extreme, but coming down from 74 while BTC dominance is just chopping around makes me think there’s still a lot of uncertainty. I think the shakeout before another proper move is a pretty reasonable call. The weekly close will probably tell us a lot more than what happens over the next few hours.

dj_destroyer

The worst part is most times when you lose money, the pain eventually fades. But because of "number go up technology", losing Bitcoin continues to sting forever and sometimes gets worst over time lol I lost 0.2 BTC to Quadriga in late 2018, which at the time was basically a rounding error or "dust". Now, it's worth a car. One day, it'll be worth a home.

MakCapital

Yes and crypto isn't just BTC. There's nothing wrong with using existing solutions to trade certain assets for goods/services and there's also nothing wrong with taking existing traditional assets and moving them on blockchain rails as tokens. Everything becomes crypto. Everything gets tokenized. Everything then starts as tokens. Obvious for years.

Hitachi22

LTC/BTC hit a new all time low. Dead shitcoin 

Realistic0ptimist

I think it’s also age based. When I was in my mid 20’s one of the first things I did was buy a whole bitcoin when it was at the 6k range with my savings from my big boy job I had been scrapping Pennies together for 7-8 months. Ended up moving from BTC to LTC which was a minor mistake but…As I got older and my priorities and risk profile changed I took my holdings and bought a house. Had I still been holding on I would have an account worth the same amount as my current home equity but I actually get to live in a house now

Systemonly69

Looks like 60K BTC is incoming.

ShlimmyWhimmy

How do you do that? Just go to a bank ask for a say 15k personal loan and say i got 15k of BTC I'd use against the loan??

hpaynecrypto

TLDR: Every self-custody setup has pro's and con's. No matter which way you end up going, its important to enter it with your eyes open to the potential failure points and do your best to anticipate/mitigate them. I first and foremost want to disclose I am a Casa employee (our whole business is multisigs). Its also important for me also to call out that "wallet" is a huge misnomer in this space and really all a wallets job is this: Generate entropy for your seed & sign transactions. IMO some of the more "fancy" wallets that have bluetooth, etc etc are just more points of failure (I might just be a boomer though). People always think "higher number from wallet manufacturer = better", I think the simpler, the better. When it comes to steel plates and washers, I am a fan of those BUT only if they can be sealed in an opaque tamper-proof bag so you can know that no one has come along, snapped a picture and walked away (you would be surprised at the # of housekeepers, ex-partners, etc do this to get back). With anything, there is always a subjective bias and I will try to present both sides here as objectively as possible. One recommendation I tell anyone who asks me at Casa when trying to understand what setup they should run, I ask them if they multiplied their assets value by 10, what kind of security would they want to protect a stack that size (I am bearish on fiat in general). I will put my general recommendation as to what size of stack I think each setup really is equipped to handle here; NFA, dyor, etc etc. **Single-sig:** **(0-0.25 BTC)** **Good:** \- Only have to manage one device \- SUPER easy to get up and going (this can also be a con) \- Lot of options **Not so good:** \- You are relying on the entropy from that manufacturer to be good. (and YES you could roll your own dice, and do all of that self-custody security p\*rn, but like, lets be real, the average person probably will not do this) \- If that device breaks (I have seen this SO many times) or is lost and you did not backup your seedphrase, you are cooked. \- If you forget the password to your device (weirdly enough I have also seen this happen) and have not backed up your seedphrase, most devices wipe or lock out after X number of wrong entries. \- Inheritance is "managable" if you can somehow get someone you trust the seed and believe they will not leak / lose / heist your coins. Personally, I do not trust anyone else with that information / to execute on implementing it if I wasn't there to guide them. \- Vulnerable to natural/political disasters (if a fire rips through and cooks the device + seedphrase, big problem) For some flavor on this, I ran like 6 or so single-sigs for probably most of my early crypto career (started in 2016) and just spread my funds somewhat evenly across all those wallets. The only problem with that is if one device is compromised/lost, you lose 1/n parts of your stack. For some, that is an acceptable risk given size/risk posture/etc, as it's better than losing 100% of it. As I have gotten older and the stacks have grown in fiat value (and hardware wallet vendors have begun doing more dubious things), the negatives listed above has become more of a concern to me. \_\_\_ **Single-sig with Passphrase:** **(0-0.5 BTC) <= I want to put 0 BTC due to how many people I have seen lose funds from forgetting their passphrase and being locked out of their stacks forever.** I call this the 2/2 multisig because if you lose one or the other, you are cooked. **Good:** \- Only have to manage one device \- Lots of options \- You can ensure entropy protecting your funds is \*slightly\* more robust through the passphrase **Not so good:** \- A "secure" passphrase isnt just one word. It's more like 8 words. Lots of folks set too weak of a passphrase to really matter OR set a super long one and then don't treat it with the same protections as a seedphrase. \- Inheritance is pretty much same risks/issues as mentioned for the single sig BUT you are also counting on someone to remember your passphrase as well (and know how to restore your wallet) \- Same vulnerabilities as above re: political/natural disasters. \_\_\_ **2-of-3 multisig:** **(0.5-1 BTC)** Most basic multisignature wallet setup. **Good:** \- Multivendor exposure on your keys (not going to name names of Hardware wallet vendors who have recently let us down). This also means you are not reliant on the entropy of just one key HOWEVER if a key does have bad entropy, it should be rotated out as soon as possible. \- You can geographically distribute keys (helps against natural/political disasters) \- You can set one up in Sparrow if you are technically inclined and if you need someone to help you, there are lots of companies out there who can \- Inheritance can be easier as you can just give your dad one key, and then have the other (and the wallet descriptor) given to him by your lawyer/etc if you pass, and then he can open and move your funds (as long as he knows what to do) **Not so good:** \- **Lots of potential footguns:** Not saving your wallet descriptor as well as your three keys when setting it up, losing two keys (ex: you lose a key and your dad loses the key you give him) \- Inheritance is still somewhat tricky but managable (I would argue more managable than a single-sig since you could literally give a lawyer a key and there is no way they could access your funds before you die). **3-of-5 multisig:** **(1 BTC+)** Probably the largest # multisignature wallet setup I could recommend without sounding insane. I know a couple people who have a x/10 (or higher) multisigs, and imo thats just too much to be even considered reasonable for the everyday person (myself included, and I literally work at a multisig company). **Good:** \- Multivendor exposure on your keys \- LOTS of redundancy \- You can geographically distribute keys \- You can set one up in Sparrow (or use other companies) \- Inheritance is super slick in that now you can give two keys to two different people, and migrate that as a single point of failure (and they still wouldn't be able to move funds) **Not so good:** \- More keys to manage \- If you DIY, same footgun comment as above re: descriptors, etc Looking at the clock now, I realize I spent a lot more time writing this than anticipated so somewhat cutting this short (might do a pt.2 later when I get some more time). OP, I hope this was helpful and I wish you the best on your self-custody journey.

rafaleeteenijsje

I invest for couple of years in BTC and by long investigating i choose alt coin Near Protocol ( that is personal) , i also buy etf stock. I give 50% to stock and 30% btc and 20 % alt coin. So far in couple of years i am nice in green. I think hopefully i will have good amount when i retire. At my age i will be not a milionair but it is better tot give amount in btc then to bank imo.

Efficient_Range1156

They all own BTC

Efficient_Range1156

You stopped at 1 BTC?

PreferenceOk2716

BlackRock’s IBIT has reportedly processed $5B+ in direct Bitcoin-to-ETF conversions. These let large holders move BTC into ETF shares instead of selling it first. BlackRock also lowered the minimum conversion size from $25M to $1M, making the process accessible to a much broader group of wealthy/institutional holders.

H8ckt1v1st

Rule no 1. Never disclose your BTC holdings. Period.

IndustrialPuppetTwo

The only crypto in my portfolio is BTC and that's about 15% total now that it's down from the ATH.

UrbanGrower187

Yeah man! Like pretty Ute most ppl in the group buy BTC so this post seems like it fits the narrative. Good for you for buying some! I buy some as well every day. Has worked out great for myself kinda confused how ppl actually loose on BTC when you buy everyday for the last 5-6 years there is just so many gains. But the trick is found is buying everyday so you don’t miss any price point opportunities.

Careless-Neck5405

long time ago we played a counterstrike 1.6 tournament and ended on 3rd place. 1. place was 500 Euro giftcard for the whole team (100 per person) 2. place was 5 steelseries-headsets 3. place were 300 BTC (i think at that time was around 80-100 euro for 300 btc. nobody from us wanted it because we were still tilted we lost the semifinals and also, nobody knew what to do with it so we gave it back to the organisation of the LAN for some free hotdogs + icetea for whole team. now i want it back

Alien69Flow

Alguna DAO en BTC?

DomesticatedVagabond

No technically as new currency can enter circulation when governments/banks print it. With BTC the supply of money is fixed but divisible as much as people want. What that actually offers in terms of usefulness I suppose is up to interpretation, but for most people BTC is solely a speculative investment. For others, BTC can act as 'safe-haven' when world markets look sour. Otherwise it's to obfuscate transactions, although given most people are buying via exchanges their transactions can be followed anyway

Background_Item8659

Check out [https://www.solosatoshi.com/product/bitaxe-gamma/](https://www.solosatoshi.com/product/bitaxe-gamma/) \- It's < $100 and you'll get to learn mining. It's unlikely to ever actually find any bitcoin if you are solo mining because it's not powerful enough, but it's a lot like playing the lottery. You could win some day and get a full 3.13 BTC block payout. Mostly it's just fun to learn and it helps decentralize the network a bit.

OmegaLabs1

The 77p is not a scam, it is just the exchange rate having a mood swing between when the invoice was made and when your transaction confirmed. Merchants quote you a BTC amount that is valid for a few minutes and after that whatever they get is whatever the market says. Most payment processors bake a spread into the quote for exactly this reason, so they usually end up slightly ahead, not behind. Your job as the payer is only to send the exact BTC amount they asked for. You did, so the order is settled from their side. Where people actually get burned is sending a slightly smaller BTC amount than quoted, because then the payment is underpaid and it sits in limbo until support manually fixes it. Congratulations, you have now learned more about foreign exchange than most people who use a debit card abroad.

RealLilacCrayon

They didn’t receive any cash. They received Bitcoin. They asked for 0.0012728 BTC and that’s what they got. Imagine instead they asked to be paid 10 grams of gold. The value of gold can go up or down after you send 10 grams of gold and it’s irrelevant. They asked to be paid in gold.

brandond111

I'm so thankful to have got into BTC when I did.... I'd have lost everything too. These old boys paved the way

tadnarosix

Luke is hard forking on September 1st to launch an altcoin with a different proof-of-work algorithm than Bitcoin and a smaller max block size than Bitcoin. His new altcoin will have its own blockchain. Luke decided to name his altcoin "Bitcoin". To be more specific, he actually claims that his altcoin is the real Bitcoin. He also claims that BTC is the altcoin. Whenever Luke has said "Bitcoin" in the last few weeks and in the future going forward, he is referring to his altcoin. Whenever Luke is actually talking about the real Bitcoin he refers to it as scamcoin or other silly names.

macetheface

Why not? It's the inverse of USD which functions as a payment tool. BTC is still in price discovery but each cycle it's (seemingly) fluctuating less and less. Could reach relative parity within a few more cycles and you don't get much wild movement anymore. No reason it can't be used for payments - already being done in some countries.

RedwaterCam

Zero I sold out when BTC hit like 85k the first time. Best decision I ever made. Don’t hold the bag boys.

NonVideBunt

BTC is down massively from all time high, stock market at all time highs. Anything other than BTC has literally tanked. Those of you 50% or more into crypto are smoking crack.

filenotfounderror

I thinknot was more like He had all in coins in wallet A He made a backup of wallet A, lets call it A1 Then he made a transaction from A which sent his coins to wallet B (1 btc) and wallet C (8999 BTC) Then he closed and wiped everything and realized later he doesn't have any backup or way to access B or C. Only A1

Kevino_007

Sorry for what? Do you remember what happened to all the shorts last week or the week before, when the biggest single liquidation event of all time happened and they literally made BTC spike, kick-starting all this? You’re just funding the next move up, lol. I wish you luck.

Fast-Builder-4741

Classic. Everyone always wnata it cheaper. When BTC is 300k. It doesn't matter if you bought it at 55k or 60k or 80k.

ghostchihuahua

Thank you, that was effectively all i needed - shit was alrwady old and exhaustingly annyoing before any pizza was ever bought in BTC, sorry but i just can’t be bothered to follow that crap.

palebloodslayer

I really don’t get this BTC vs WSB or BTC vs fiat war that seems to be going on on Reddit. There’s already enough polarisation bro. Let’s make it us vs the elites or something, instead of us vs us

Krobarred

DYOR! Can't find anything? Scroll the reddit. Simply BTC is nice too

Ishouldveboughtmore

These idiots think that BTC is dying because of spam (it is not). So they tried to change BTC, they failed and now they are creating a new fork. In their minds the new fork is the real BTC, while BTC is a spamchain. You can ignore all of this and save yourself a few neurons.

TheRadishBros

Look up BTC Power Law. That’s a reasonable best-case scenario for price over a long time period, and you should be investing for the long term.

No_Community7021

It's not like seeing BTC prices is even called research; at this point it may just be common knowledge. Anyway, just have a conversation with the AI, I think that's the best thing to do, solve your own doubts instead of following someone else's ways.

Sklar_Shuja

You can find a full historical chart of Bitcoin on any exchange. Just click on "max" when selecting timeframe. You can also find it on price tracking websites like Coingecko or Coinmarketcap and otheres. As for predictions, just stay away from those. If people could predict what will happen tomorrow or in a week from now they would all be billionaires. Come up with an investing plan, do your own research and never take advice from strangers online regarding price. For me personally, BTC serves as a savings account. Whenever I have spare money I want to store for the long-term I just buy BTC with that money and walk away.

DomesticatedVagabond

People will, and do, buy and sell fractional bitcoins instead (like with stocks/shares). As 1 BTC is worth a huge amount of money, you could buy 0.001BTC for \~$100 or something like that. However, you're right about the risk of losing coins and widespread adoption. As with the cold wallet hacks recently, you can lose all of your money and you will never be able to get it back.

ThomasToIndia

It's also the push of the clarity act next month which clears barriers for allowing for conservstive wealth managers to start accumulating it which could be hundreds of billions. BTC spot etfs which got approval last year created a surge of etf volumes which now is accumulated at 100 billion and controls nearly 6% of btc. If the clarity act passes, you may have a slew of wealth managers accumulating btc, and even if they only do small percentages of their portfolios the inflow will be huge. So people are buying ahead of that.

OkLaw1527

i agree on your statement and can fully understand why u say its better to go to a TradeFi Broker, Degiro seems like a trustfull broker, but it does not match my usecase i am afraid it does not hold to be the cheapest way to buy BTC, but still thx for your inquiry

ScopulyX

Altcoins could follow if BTC stabilizes and liquidity starts rotating, but I’d expect the move to be selective rather than everything pumping at once.

Interesting_Rise_309

45% BTC, 45% gold, 10% S&P500

Lingarasa_Churm19

*BTC seems to go up and down a lot. I better keep using a currency that only goes down. At least I know what to expect*

daniel2640

The $81K rejection is real. But jumping from “BTC was rejected at the 50-week MA” to “$50K is next” is a pretty big leap. The 50-week MA around $81K is clearly an important resistance level, and BTC still needs a weekly close above the ~$81K–$83K area to confirm a meaningful trend change. But the current data doesn't make $50K the obvious next destination. Spot BTC ETFs have seen roughly $2.5B+ of inflows over the latest six sessions, while CryptoQuant's indicators have shifted strongly bullish. That's not proof that BTC can't fall — it simply means there is significant spot demand that needs to be considered alongside the technical rejection. A rejection at $81K can mean a pullback, consolidation, or another attempt at the breakout. It doesn't, by itself, establish a path to $50K. $50K is a bearish scenario, not a confirmed target. The more interesting question now is whether BTC can hold the ~$75–76K area on a pullback and eventually reclaim $81–83K with a weekly close. If it does, the $50K narrative becomes considerably weaker. If it loses key support and spot demand dries up, then the bearish case becomes much more compelling. Resistance is data. A prediction is an interpretation. Let's not confuse the two.

OdonsOwn1966

Pretty obvious I am late to the party here, or have a good head start on other investments as I am less than 1 percent. I DCA a tiny amount daily into BTC and ETH and have a couple thousand xrp and xlm, but crypto for now is my lottery ticket money. If it blows up, great, I can leave it to someone who needs it, or fund some veterinary school scholarships or something. Then again, I'm probably older than most on this sub (just hit 60) and now thinking of retiring at 62 instead of 65. Will I NEED crypto due my life, pro not, but someone younger may, so I want to have a bit to leave, just in case.

Kawazor

Mt Pelerin, your first CHF 500 (\~€533) worth of BTC each year are 100% free, without spread and delivered directly to any self-custodial wallet.

levigoldson

I think I had bought roughly 5,000 BTC a long time ago if you added it all up through the eras. I don't regret it at all. It was worth what I paid for it at the time, almost nothing, and I sold it for what it was worth at the time, a little bit more. Anything else is like saying gee, I wish I had known to pick the right lottery number, 10 times in a row, because every time it shot up over the years, was another point you would have sold.

Belgiannator

Tell me, what's the difference between making money with BTC or making money with alt coins? Our money has the exact same value. 

jakestvn

Percentage wise ofc. But would you rather own 1 ETH or 1 BTC 😂

hodler1992

There is a lot of things in your writing I do agree with - especially that the crowd is still sleeping while in the meantime those changes already began. Even when we take Bitcoin as an example we all tend to put it's price in fiat money. Who many people buy BTC because they want to earn some fiat money with it. Not understanding that no matter what the current price is what you'll get in BTC is more worth than that. It is always a good trade because you give up something which is part of our old, dying world, to receive its equivalent in "future proof" value. For myself I buy BTC not because I want $10 Million. Yes - maybe I would buy myself a nice house somewhere on a coast - but I wouldn't need to use any fiat for this in 20 years. A little amount of my BTC stash will buy me everything I want in the future. Because it's the only thing in the world which is truly scarce.

hodler1992

Imagine beeing one of these losers selling the one and only true BTC right at the start of a bull market to buy some pile of dogs*t instead and lose all your money. Meanwhile nobody in the world would even notice that anything happened at all after their fork.

HeroicHeron

Even today you still spend the entire address when sending BTC. HD-wallets simply contain and keep track of many (understatement) adresses, including change addresses and the end user mostly doesn't notice what's happening under the hood. You send 1k / 10k sats from your wallet and your wallet shows 9k remaining. In reality that 9k is now associated with a different address than before.

bcyc

Counterpoint is the the world doesn't need bitcoin. But the world needs USD (at least for now). And at the end of the day BTC is valued using currency.

mrjune2040

Past performance is not a predictor of future performance. The idiots (YouTubers) selling a dream of simplistic predictable cycles haven’t been in financial markets long enough to understand that a myriad of macro economic factors can affect all markets in unpredictable ways. Bitcoin isn’t special in that regard, it just has way less historical data to draw from- ie barely 10 years of meaningful (NOT the fucking BTC-e/MtGox years) of actual high volume trading.

user_name_checks_out

No, that was just a typo. He had 9,000 BTC, he sent 1 BTC to himself as a test, and 8,999 BTC were returned to a change address in his own wallet. Afterward he still had all 9,000 BTC, but he neglected to make a backup that included the change address.

supbuddy20

A good rule of thumb is: * BTC: \~$77k–$79k * Efficient ASIC + cheap power: potentially **10–30%+ operating margin** * Power around $0.06/kWh**:** potentially profitable with modern hardware * $0.08/kWh+**:** margins get thin * $0.10/kWh+: many setups become unprofitable * Old ASICs: often unprofitable unless electricity is extremely cheap Current mining data shows some of the newest ASICs generating roughly $8–$23/day in operating profit per machine before hardware and other business costs, depending on the model. As per coinshares the weighted average cash cost of producing 1 BTC at \~$79,995 for public miners in Q4 2025, and 2026 has continued to put pressure on inefficient miners. This is what my research/data GPT said.

Bilatsibagya

If I could turn back time, I wouldn’t buy Bitcoin. Time is more precious than BTC.

Hidden_Holder

Unfortunately easier than you think. With my strategy of buying €25 daily, I have a monthly fixed "expense" of €750 by investing in BTC. But I have also other investments, so I have some more Euros to invest monthly. Is summary, In a big drop I try to buy less of the other investments and do an extra effort to do an effort to invest more. But in general, in big drops, I tend to invest something between €500 and €1000. It depends on my monthly budget.

NivTheGever

I agree, btc literally drops from 126k to 58k and the moment it goes to 80k people screaming at you "you are so dumb" just for still thinking it's a bear market.... Like hell, I bet no one of the bought btc at 58k and now fomos in just to get the next correction on their head. I don't want anyone to get that but when you use so much emotions in the market you will lose everything you put in. Everyone need to be friends whatever your thoughts are, in the long run we all think BTC is a great inflationary asset to invest in and we all see it go up to 1m eventually. That's why we are all here :)

ilouiei

66% is in my 401k, 33% is in BTC.

OtherwiseNeat9617

It still matches to the cycle even if its already bottomed. It was only 2 to 3 months different.. things arent going to happen to the exact month every time.... it was oretty obvious this time would be different. It it an institutional asset of 1 trillion dollars. Held by ETF's.. one company hlds 840,000 BTC.. thats why its different. Every other cycle was retial driven.. not anymore You think it always stays the same to the day, to the dollar ??? Nope.

Firm_Yogurtcloset835

Stone Man lost his 8,999 Bitcoins because he used a Live CD Linux system, which runs entirely on volatile RAM and erases all generated data and files as soon as the computer reboots. The error occurred because he backed up to the flash drive before network confirmations: upon sending 1 BTC, the system automatically generated a new change address to receive the remaining balance (UTXO concepts), but this new private key was permanently deleted when the system rebooted. His created backup did not actually contain anything related.

pauldegrasse

Where’s the other 99 BTC?

OtherwiseNeat9617

Thats correct.. 70k.. doesnt mean it goes to 40k does it ?? How long would a capitulation to 40k actually take ?? They have no idea, because they're clueless. You are talking about leverage mostly and the 10/10 crash happened when BTC was at 110k plus... we are talking about a 50% move from the 50 week MA in a bear market.. BTC isnt the same as it used to be.. it cant be sold off to nothing anymore

DecentStriker

The borrow-against-holdings is legit. However, I think the risk everyone skips over is liquidation. If you borrow against BTC and it drops 30% in a week (which it does), you can get margin-called at the worst possible moment.

ElderMight

Welp the price just skyrocketed lol. You sold BTC at the bottom of the market. You could have taken out a 6% loan while your bitcoin went up 23%. That's a net 17%. This why you don't sell your btc especially if you can borrow money cheaply.

OtherwiseNeat9617

50% fall from the 50 week?? Has that ever happened in any other bear market ? Who is going to sell or short BTC at 60k for this to happen?? The shorts were already liquidated... dont get do you

ConcernSquare2474

Muh 40k BTC is coming! Behold! Muh prove, as everybody knows, a statistic sample size of 3 is rock solid, like a clock!1

OtherwiseNeat9617

If thats is the case then why would you wait... you are contradicting yourself.. you want to wait for a 10% discount on 60k, when you are saying you'll end up at buying at 80 instead... The BTC cycles are changing slighty. Every cycle is slightly different. Diminishing returns to the upside, almost means Diminishing returns to the downside.... As if you are really saying that... it makes no sense at all. I have an average price of 65k. This cycle and I can bring thay down if it falls. Because I wasnt sidelined. You're admitting to being prepared to pay 50 week MA prices... silly

Ordinary-Fruit-2396

Holding BTC might be most profitable for some people. You don't need to strategize much and just stock up your BTC and other coins in a longer period of time and sell the coins if the profit is enough.

SMK_12

If he cared that much about owning BTC he also could’ve just bought a few thousand more and if he did (which for all we know he may have) he’d still be very wealthy