BTC

MemeyOreos

ngl shorting BTC/ETH with fees that high you're already fighting uphill. Kraken futures is probably your best bet in Canada without going full offshore. Interactive Brokers also has crypto ETFs with way tighter spreads if you wanna stay regulated

FIRE_Enthusiast_7

Ok look. This "unreliable source" appears to have been bang on. BTC is back hovering in the $65k-$75k level, exactly as he predicted.

ACo-RN

If youre not doing self custody, then the bitcoin balance shown on the account/exchange such as on binance, cash app, cdc are not 1:1 BTC backed.

ODD_Old_Dirty_Degen

You really think nobody thought of tracing his Vistomail Or when he registered bitcoin.org? LMAO, think again! People way smarter than you and me had 17 years to try to find out who satoshi is and nobody did it by now. Feels like you just take wild guesses and assuming things. Why wouldnt Satoshi use tor? When democrats were in office they fought hard against BTC and crypto, dont you think if FBI, CIA and NSA knew something they wouldnt have used it against BTC.

82_AK

1. 45% BTC is a bit much then I personally would do. 2. If I hold 58% crypto it would be 58% BTC.

TryOk6157

I sold my land and bought 0.21 BTC.

DankShibe

Car loses value overtime while bitcoin gains value overtime . Of course BTC is the better play

letsdrinktothat

There were lots of predictions that all the bitcoin treasury companies would start imploding as soon as the BTC price dropped. Doesn't seem to have happened *so far*. Although the bear market has a way to run yet.

xantium97

BTC wil eevntually go into millions

skeetm0n

Dumb question - how are proof of reserves relevant when speaking of buying BTC directly, as in, not an ETF?

infernal_celery

I agree, can’t find a source that isn’t them just saying 15-18% sales growth since BTC payments accepted. That could just be the marketing hype effect. Then again, I would deliberately use BTC to buy a burger on Lightning Network. It’s easy to convert fiat to replace it basically as soon as I sit down to eat, and I’d do it partly as a flex, partly to prove it could work and partly to promote the change I want to see in the world. That extra fraction of an exchange fee wouldn’t bother me.  Not that everyone has the luxury of doing that, but I don’t think I’m alone. Every BTC payments is a big “Fuck You” to the banks and I quite like that.

Godrayoae123

See what kind of risk profile you have, usually the younger we are the more risk we are able to take. This said, I would not buy all at once, DCA into it like every week and if we go lower you can increase to lower your average, any BTC below $70K is cheap on the long run. Also if you want to have only crypto maybe have like 15% of that in Solana. Either way do what makes you comfortable and able to sleep at night without any anxiety.

loupiote2

Exchange company can only recover BTC sent to an account that is controlled by the Exchange, i.e. for which the Exchange has the private key.

MakeItMine2024

You guys are lucky that offer wasn’t made to me and I took it .. if I did BTC would be zero 😂

xcommon

"What's the difference between a gay bear and a BTC bear? A gay bear knows when the bottom comes." Just DCA.

RiceMofo

That’s called conviction. I salute you and yes, been putting my last dollar into BTC

Ancient_Tip2862

Just learn the BTC trend, 4 year cycle helps

Opposite-Moose-3495

BTC XEQT and Charizards You’re welcome

andreas_europe

Look at cuvex.io for a BTC only hardware wallet. Love it.

One_Talk_3410

BTC & VT is the strategy 

Bred_Slippy

If it was due to an active decision for them to increase BTC exposure, it would be more bullish forward looking. 

Ancient_Tip2862

Why did you wait for a price that is not possible from the BTC trend..

ubermensch012

Sure, and now you have to consider maintenance, loan repayment, and costs related to owning a house. I said reinvest it not keep it in BTC. If he sold at $100k and put it on gold he could've potentially 3x it. Geez

ccModBot

Thank you for submitting to /r/CryptoCurrency, Your post has been removed because the topic you posted about (BTC) is already at the limit of posts allowed in the top 50. You may post it again when the topic is no longer at the limit. ---[**Click here for a link to view the current limits**](https://www.reddit.com/r/CryptoCurrency/wiki/topic_limits)--- *I am a bot, and this action was performed automatically. Please contact the [moderators of this subreddit](https://www.reddit.com/message/compose?to=%2Fr%2Fcryptocurrency) if you have any questions or concerns.*

Unusual-Piece-93

I genuinely thought BTC was going to rip in June last year when I went all in. Wish I had listened to the peeps that said DCA. Good luck.

theincognito66

Buy on an exchange. Understand you need to initiate self-custody at some point to a wallet, preferably cold wallet since hot wallets are less secure. Not your keys, not your crypto. Once you have a wallet, do a test transfer of a little bit of BTC to make sure everything works. Then, you should feel comfortable. That's how you secure your investment.

defeater33

Technicals was the increase risk of SOL, which was based on monthly candle stick chart. Sui has excellent technicals on the monthly candle stick chart. Potential profits excellent in two or or less years. Basic workings of the token are good. Description is boring not very exciting. Only Major risk is about 40% of coins have been produced. So long term inflation risk Overall rating Excellent Buy right now. Minority buy only 20% or less of what your ETH and or BTC investment is.

petragta

Sofa for 0.1 BTC, car for 0.12 BTC, two pieces in my furniture collection that I didn’t pay for 0.75 BTC. When I can buy BTC or trade, I do it while we are below 100k.

DelapidatedNoodle

Interestingly on the monthly chart BTC has never in history made such a straight line down. There's just no relief months this time around. It's literally straight line down.

NaziZombiez

BTC looking thicc

jwz9904

Bloomberg Intelligence strategist Mike McGlone warns that collapsing crypto prices and a potential bitcoin slide toward $10,000 could signal mounting financial stress and foreshadow a U.S. recession. BTC foreshadowing a u.s recession, payback time for trump

ConstantExisting424

Like another commenter mentioned, it could be scammers, but also, I wonder about tax implications since BTC is looked at as a security rather than a currency. Is it a way for bag-holders to cash-out without having to report? (I know it's still traceable on the ledger, but for such small amounts...)

Weak_Capital_8622

Wow, it’s interesting to see Harvard pivoting like this! A 4:1 BTC to ETH ratio is a pretty bold move - wonder what’s driving their crypto strategy. Anyone else feel like we’re in the middle of a wild financial experiment?

NextGenGamezz

Anything below 2 BTC won't be life changing in the near future to be honest yeah you can get 2x 3x from your investment but it won't be life changing

Able-Upstairs-9875

I bought a car in 2022 for about 25k, at the time Bitcoin was worth about the same. The car has cost me nothing but more money, I wish I bought another BTC instead 😑

SurroundAccording535

yeah monthly RSI, should have specified that. you're right it's low res but that's kinda the point for me. I'm not using it as a precise entry signal, more just context for where we are historically. the bot doesn't actually trade off RSI, it just runs DCA on a schedule with safety orders. the RSI 5 was more to frame the post than the strategy if that makes sense. and yeah the dead project risk is real for alts, that's why i only run this setup on ETH and BTC. what bot are you backtesting with?

Sleepycoiner

Last time btc was at 30k was May 22, you would be up roughly 2x on apple and a little over 2x currently on BTC. So yes, 4 years of dividends probably makes apple the winner here. I dont see how you can be "way up" on btc

R4ID

> And about 40% is still not in circulation its a 100% premine, every single coin has been and is in circulation since june 2nd 2012. CMC and others do not pull data directly from a node on the blockchain, instead they use an out of date API posted by Ripple a long time ago. >So not exactly deflationary in short term, not like BTC. Every 3-5 seconds there are less total XRP left in the world. it is deflationary. BTC is not deflationary, it is disinflationary. Please learn the difference.

Bocifer1

Didn’t trump and baron just dump their BTC?   Yall are getting played if you’re hoping this guy helps anything. 

Flamboiant_Canadian

I'm still waiting for ETP approvals in tax-free savings accounts and retirement funds. That's the go-signal for me to start buying BTC. That's when I can start buying BTC tax-free, or use my investments into BTC (while keeping the BTC) to reduce my overall income tax burden.  Why use already taxed money to buy crypto, THEN pay capital gains tax on profits, when you can buy it before income tax deductions? 

watch-nerd

Are you buying an ETF or actual BTC?

CryptBeau

Don't do it homie. Very early stages of the bear market. You can use that car for the next 6 months and come back and get the same or better value BTC. Cavaet: we're due for some sort of dead cat bounce. Point still stands.

ccModBot

Thank you for submitting to /r/CryptoCurrency, Your post has been removed because the topic you posted about (BTC) is already at the limit of posts allowed in the top 50. You may post it again when the topic is no longer at the limit. ---[**Click here for a link to view the current limits**](https://www.reddit.com/r/CryptoCurrency/wiki/topic_limits)--- *I am a bot, and this action was performed automatically. Please contact the [moderators of this subreddit](https://www.reddit.com/message/compose?to=%2Fr%2Fcryptocurrency) if you have any questions or concerns.*

Arkooffiziell

I only wish you the best my friend, BTC is the only one where I would go all in.If I had the money, my motto --> don't trust any CEO of a company

Satearn830

BTC = the digital gold ring

Flamboiant_Canadian

Tbf, it didn't really take off this cycle. Nothing nearly as crazy as previous years. It was mostly just BTC/memecoins. On the bright side, everything is dirt cheap now. 

MasterChipss

This really shows how awesome BTC is. I'm off to buy the dip!

DreamingTooLong

Crypto dot coin? Way too many characters to be worth over $100 there are no dot com worth 50 BTC Everything is a QR code now

DaveDel

I just took out 100k HELOC on my home and bought a full BTC worth of IBIT. Selling 6% OTM weekly calls for 1k. Looking to DCA on any dips. Considering running a strangle strategy with CSPs but want to make sure not to over do it this early into a turndown.

myherois_me

Lol I'd never actually use BTC to buy a burger, but I did think it was cool that they had the option

alienresponse

What's the point? BTC and ETH are the two most correlated cryptos on the market, ETH matches BTC at least 90% of the time.

thebuders

I wouldn't blame BTC price being down on Trump since it's just part of the 4 year cycle but it would be foolish to pretend that Trump and his families crypto scams haven't cast a negative light on crypto in general.

Tandittor

You think BTC can't touch $8000 ever again? Institutional ownership of BTC began around 2020, so it's unrealistic to compare to price action before that. But in 2021 to 2022, it dropped 77% and there was no recession that year (a broad downturn due to the Fed fighting the too much inflation they helped create). In a deflationary recession year, BTC can drop 90%.

Yieldling

Don’t sell your car. You would feel double bad if BTC price drops and you don’t even have a car!!

Special_Classic_3231

This talk is funny. Have you paid attention to the market as a whole? It’s not just BTC. Late summer 2017 I sold 14 coins for approx $5k a pop and purchased them less than a year before for $252…now that is an example of a time where I was preaching about selling off and getting student loans to buy in but bro, double up your flow on march madness or something. Chances are probably about the same about 50-50 and no matter what anybody tells you nobody knows what the hell is going to happen.

Silasurf

Then why are you looking at price with upside down perspective? If you truly live by your words, then the price going down should be a blessing. Not sure how long you been here but 4 year cycle is still holding up as expected. Business cycle rules fiat devaluation, which reflects on USD/BTC scale. But that means little in terms of success of bitcoin. Success of btc is much more related to the latest developments and BIPs on bitcoin core

potificate

Imagine the losses if measured in BTC.

opentablerezzies

I hear ya. But what about the ETFs now that weren't around back then? Doesn't that change things fundamentally with the biggest financial institutions in the world now offering BTC to their clients? Combine that with a pro crypto govt admin and sovereign funds buying more now vs back then. Is it more or less likely to repeat same pattern as historical cycles?

Silasurf

Low? It’s still super high. Surprisingly not 50k yet. Consider this year a retail flush. If you look at price. They will eventually steal your BTC once you weaken and fud out. Never forget the mos important notion of BTC. 1 BTC = 1 BTC We are here building the future of payments infrastructure. If you are here taking advantage of that to make a couple bucks, well GET THE FUCK OUTTA HERE YOU FUCKEN CHIMP BRAINED POLYMARKET AHH LOOKING MF

defeater33

Prices did not fall far enough for me. Based on monthly candle chart. ETH or even BTC are a better discount using the monthly candle stick chart. All three are a good buy but Sol has increase risk that doesn't seem worth it.

asselfoley

It's like those *"BTC is going to die because miners can't afford to operate!"*

asselfoley

The decentralization level of BTC isn't about who holds it

Silent-Hornet-8606

Because I've done that for the past three cycles. It's worked unbelievably well twice and disastrously once. And what I learned is the times it benefited me were pure luck, I didnt really know what was actually going to happen. I've been in BTC over a decade and all I can tell you is whatever you think it's going to do, it very well may do the complete opposite.

miamiair92

I have sold it all for BTC

Deathb3rry

> I like this approach. It’s a little risky, but it sounds like you watch it closely enough to not let yourself completely miss out before the start. all he's doing like many is just following the 4 year cycle. Tons of vids on it on youtube. I am just an average investor as well. But instead of exposing my money to volatility by putting it in BTC, im just betting on the 4YC coming true again. Zero downside risk while i park my money waiting for it to happen. Even if I do miss the boat, my money being in other assets accumulate gains.

so-many-user-names

The BTC CEO is going deBTC your DCA

Corbiusk_

I own BTC, SOL, XRP and SUI, yes now is a good time in my opinion. Could it go lower, I think so but to start accumulating now at this price is a good move in my opinion. It’s your money, you need to have conviction in your investments.

BlazeDemBeatz

In 2020 we were praying for 68k BTC

AmanCMN

Smart if it’s part of a long-term plan — risky if it’s just FOMO. Selling a depreciating asset for scarce asset exposure like Bitcoin can make sense — just don’t overextend. Most regret going all-in, not buying BTC.

jett1964

For most of that 15 years, regular people buying and selling is what made BTC. Now that governments and banks are involved, my fear is watching the price continue to rise is never gonna be what it was. I hope I’m wrong.

Prestigious-Ad-7927

I sold my left kidney and bought BTC at 126k

MobilePenguins

You could use the car to get to a job that earns income that could acquire more BTC over time than the one off sale of the vehicle. Not a smart move in my opinion. It has more value and utility to you as a car.

DivineRemembrance

Wait till BTC gets back into an established uptrend. If you throw everything in right now you stand a good chance of being very disappointed. At least for a while, or perhaps even a long while.

async9

I'm in crypto and BTC since 2017. Over the years I've used BTC to pay for services, which was in my early crypto days of 2017-2018-2019. Since then I'm stacking. 20k in 2021, bought at 61k in 2024, bought at 79k in 2025.. I'm holding cash to buy a full coin if it drops through the floor just in case. If not - hookers. it doesn't answer your question directly but sheds some light

Alarming-Jello-5846

So was every other market. BTC shit a brick like everything else in March 2020 tho. Macro does matter.

wkndatbernardus

Yes, I sold my house and put most of the proceeds in BTC at $109k😩

pass341

I mean… why? 😅 Look Bitcoin has ALREADY basically had the single fastest large-scale asset appreciation in history. From here on in, how much higher can it go? Bitcoin hit 60k for the first time in 2021, it then took NEARLY FOUR AND A HALF MORE YEARS to hit the current max of around 120k… If you really believe in it, by all means invest in it but do so responsibly as part of a cohesive, diversified portfolio. Investing isn’t about going all in on one asset, even if it seems like the best bet! Seriously, especially nowadays with AI, people need to become more fluent in basic financial literacy, both investing and saving. If you want to sell your car to invest, that’s great! If you have no other resources just talk to chatGPT even and develop a simple investment strategy. If your risk-tolerance is high (I’m assuming it is since you’re willing to throw it all into BTC 😅) then develop an investment plan for a high risk tolerance, it will still be light years ahead of investing everything into a single asset… Give it a try man! This isn’t that effort intensive either, I guarantee you that you can develop a viable high-risk strategy in less than a day with AI. Then over time you can come back and see which of your investments (probably a mix of crypto and aggressive ETFs) did worse and which did better.

asselfoley

As stated, gold mostly sits in vaults or is jewelry as it has for thousands of years. Its price doesn't correlate with its "value". The fact that the vast majority isn't used for its relatively new "industrial uses" such as wires, etc is a good indicator that "intrinsic value" isn't that important. If it was, far less gold would just sit there forever. The properties you mentioned are part of why gold has had value, but that value is entirely a human creation. As for Apple, as far as I'm concerned, it's still people chasing future value that doesn't actually exist in reality My bottom line is that the argument BTC has no "intrinsic value" has no value. It's all about what people will pay and the expectation the next guy will pay more (dividends not withstanding, understood that's income, but its price still doesn't reflect actual value In my estimation, anyone who has had all of their financial accounts arbitrarily frozen with no explanation (FinCEN) could easily see the value in BTC. It's understandable that those people who have no idea wtf I'm talking about wouldn't see that value It's always a human construct

themrgq

His average price is lower and it would be much lower but for the dynamics of how he raises capital to buy BTC

Ok_Juggernaut_1184

Fair point , changing habits isn’t easy—especially when people are used to convenience. But even small awareness matters. If a few more holders start thinking about self-custody, it adds up over time. Curious if anyone here has already tried moving a portion of their BTC off exchanges?

Own_Condition_4686

Eh I’ve gone in a few times to buy with bitcoin and whenever I do I’ve overheard other people using it. I think small-medium business that incorporates BTC will attract a loyal customer base.

Jesus__Skywalker

> The halving will still have its effect why would it though? I mean there are less than 1.3 million btc to be mined, around 5%, so 95% is done. Prior to the ETF's there was only retail to move the market, which is pretty small. So there was NOTHING larger than BTC itself guiding it, so it made sense that the mining rate would be impactful. But now btc is guided for the first time by not only something larger than itself, but MUCH LARGER than itself. Large enough that a new ATH was formed months before the halving, which not only never happened. But it was never even close to happening before. Wall street's control of btc is so strong that I truly can't imagine that the halving means shit now. Doesn't make sense for it to be impactful other than the psychological novelty of it

CyberCrud

Everything follows BTC in some fashion or another.  A rising ride raises all ships. 

jungandjung

And about 40% is still not in circulation. So not exactly deflationary in short term, not like BTC.

Creative_Visit122

When " We the people" collectively say...hold up they did what, oh hell naw... That's not fear that's sticking it to the system that feeds on us. Why do you think there's forks of BTC, btcsv, bch, Litecoin...

HSuke

These beliefs are not mutually exclusive. Here, Let me explain: **Long term holders not selling even after 70 - 80% drawdowns?** Because of the Great Fool Theory. They think they can sell to others later on. **Institutions allocating treasury reserves?** Because of the Great Fool Theory. They think they can sell to others later on. **Global liquidity cycles lining up almost perfectly with BTC cycles?** Because of the Great Fool Theory. They spot cycles and think they can sell to others later on. **The fact that every prior 70 - 80% drawdown eventually made new highs?** Because of the Great Fool Theory. They spot cycles and think they can sell to others later on.

DiamondHandsDarrell

Biggest players are hoarding, moving most of their money into other assets that generate more returns instead of the choppy sideways action of BTC.

asselfoley

The same could be said for most assets/investments. While they may have "intrinsic value", that value is rarely correlated with price. Apple - market cap $3.75T @ $255/share It's not as if a liquidation of apple would yield $3.75T Gold is really the best example though. For almost its entire history as something "valuable", it had zero "intrinsic value". It was useless for anything beyond being shiny. There were no "industrial uses". Even now, the "industrial uses" aren't what drives the price. Most of the shit either sits and does zero other than accrue storage costs or is something shiny With that said, I'd argue BTC does have "intrinsic value" because, as we know, one can possess it and transact with it without anyone's permission. That may not be valuable to some just like gold's shininess or catalytic properties, for example, aren't really worth shit to me personally

ccModBot

Thank you for submitting to /r/CryptoCurrency, Your post has been removed because the topic you posted about (BTC) is already at the limit of posts allowed in the top 50. You may post it again when the topic is no longer at the limit. ---[**Click here for a link to view the current limits**](https://www.reddit.com/r/CryptoCurrency/wiki/topic_limits)--- *I am a bot, and this action was performed automatically. Please contact the [moderators of this subreddit](https://www.reddit.com/message/compose?to=%2Fr%2Fcryptocurrency) if you have any questions or concerns.*

TechnologyMinute2714

First of all sir this is a Wendy's, why the fuck are we talking about this in BTC subreddit, secondly even if it doesnt take 5 years and take 7 years it seems inevitable at this trajectory that such job losses will incur, instead of trying to pacify people or comfort people we should even put more fuel into the fire so that when that inevitable time comes those people aren't left to rot but instead with correct policies taken care of like UBI etc.

Letsmovethemarket

Zero BTC! You're lost.

MoreAcadia443

I’m looking to buy more BTC near $60k. Do you think $50k is realistic?

VegasWorldwide

raise your hand if this drop has allowed you to FINALLY accumulate one full BTC

Revolutionary-Cup78

The fool has reached critical mass. BTC is likely not going to continue being a fortune maker, but it is also near impossible for it to go that low. There would have to be a clear alternative to take its place as digital store of value, and currently all alternatives (including BCH) aren't the clear substitute

Puzzleheaded_Ad_4478

I Bet BTC itself can't answer this.

Powerful-Mortgage128

Oh wow, 2 cycles. It just shows how stupid people who put their money into BTC are. It's not investing, it's not a store of value. So slow to catch on and just follow a trend like sheep. I think your will find the cycle is pretty much broken at this point. Enjoy the good times while you can.

Global_Blacksmith_81

OP here. Read everything, some thoughts. Most of you either move the goalpost or just say “diversify” which is fine but neither is actually a plan. Moving the goalpost is just conviction cosplaying as strategy. Own it if that’s your thing, no judgment. What I was getting at with “beta zero”: once your stack is big enough that your DCA adds like 2% a year to your position, you’re basically adding rounding errors. At that point your marginal dollar has better things to do. The real frame isn’t “how many BTC” it’s “what % of my net worth should be BTC.” One person nailed this. A BTC denominated goal is arbitrary. An allocation target actually tells you when to redirect. Buy/borrow/die sounds great until you’re getting margin called at 4.5% retail rates during a 30% drawdown. That’s a Saylor strategy on a normie budget. Still stacking. But with an exit ramp sketched out.

epic_trader

lol bro BTC is trash and Blockstream went to pedo island fucking yikes

21Bullish

We educate people about why and how to buy and hold spot BTC vs any other bitcoin product that promises a better return, because every cycle there's a new class of these tempting things which end up costing the investor dearly.

Powerful-Mortgage128

I realise that, but the buying and selling pattern around that can't continue predictably. The price is influenced by buying and selling, if it's as simple as picking a day, putting money in BTC, then taking it out on another certain time, people will predict that and jump in early and get out before others sell, that will destroy your magic date and the cycle is broken.