BTC

usedmattress85

This is identical to all previous cycles before BTC was institutional. It’s just what it does. I think the interesting thing is how despite the instability players entering, BTC seems to have the exact 4 year cycles playing out.

phteve_phtevens

It's not actually solve the main issue with quantum resistance. Introducing a new output type is the "easy" part. Your BTC is only "SECURE" once it has been moved using P2MR. How do you get everyone to migrate? You can't. What about all the coins where the key was lost and can't be migrated. Do you just allow those to be "stolen" once it's feasible. Do you blacklist addresses that don't migrate by a certain time?

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so-many-user-names

I own some BTC

dubble22

Buy and quality assets. Boring investments like JnJ , shell, chevron ect. Reinvest dividends . Or set and forget with a low expense ETF like VOO. Investing is not rocket science . I love BTC, but I also think of BTC in terms of terms of ten years +

Objective-Choice6518

Not that long lol. But in 30 or 40 years? I wouldnt be all in. The same way we mock people for not believing in BTC but believing in FIAT, we have to be cautious to not be those guys defending BTC when the next big currency appears

Snoo_891

Don't stress man. Eat well, meditate and do the right things, you'll be great. BTC is volatile so there is going to be some risk, so I suggest diversification .

bought_high_sold_low

Adding on: the real game changer here is when the merchant you're paying also accepts BTC. Now you've just removed the tax concern and the volatility concern.

bought_high_sold_low

I believe the taxes are on a LIFO basis. So when the billpay payment happens (taxable event as Strike is selling your BTC to give the merchant USD) the cost basis is what you most recently acquired BTC at. Outside of major, quick moves upward/downward in price this should hopefully makes the tax liability roughly breakeven. Major, quick drawdown in price: oh no my billpay executed for more BTC than what it would have been when I received my last paycheck. BUT this is now somewhat offset by the tax savings that I just incurred by selling BTC lower than what I just acquired it for. Major, quick jump in price: opposite of above. Yay my BTC is worth more than if I just had USD from my paycheck to billpay! Partially offset though by the tax liability from the short term gain. Hedge: too scared about the risk (upward/downward)? Have half the paycheck go in BTC and keep half in USD. You just cut that volatility in half. You're now halfway to the BTC Standard.

KCConnor

Starting this lifestyle at the end of a bull market and start of a bear market is a great way to wind up broke. It becomes a 10-25% monthly tax on your income by means of BTC depreciation. Starting it at the end of a bear cycle and start of a bull cycle isn't a bad idea. But if you're living paycheck to paycheck, or anything close to that (i.e. 2/3 or 3/4 of your check is accounted for by bills before you spend any discretionary income) then it's really dangerous. You can buffer your capital losses during bear cycles by deferring debts onto loans, then pay them off with the gains made during bull cycles. For example, your AC unit craps out on your house and all you have is BTC savings, but it's late 2026 and BTC is worth $40K. You'd lose a quarter BTC buying a new AC unit. So you finance the replacement of the unit (credit card, personal loan, even a BTC backed loan, whatever best rate you can get) and hold onto your BTC, paying the loan off monthly until BTC re-appreciates to where you're willing to pay the remainder. You've got to have enough headroom to weather the volatility of BTC though. Even during a bull run it can slump 20-40% in a month, as Trump's tariff tantrums can show us. It's a lot similar to the "lifechanger loan" mortgage situations, I guess. Bank out of an asset rather than out of fiat. Put all your income into that asset. Borrow/liquidate fractions of that asset to pay routine bills.

reemar1234

Lmao I bought bitcoin when it was 20k or smthg like that. I sold at 116k. Thanks for letting me buy a house $BTC.

Satearn830

Bitcoin shouldn't need input from the government to keep moving. BTC if anything is a government policy hedge

AliceInWonderville

I do understand not your keys not your crypto, and acknowledge the risk accepted, but isn't keeping .5ish of a BTC on a major exchange worth it for the staking rewards?

Mean-Preparation122

Does anyone think that banks in the future might allow customers to convert their USD to BTC? For example, might Chase bank start allowing customers to buy bitcoin within their bank account? Essentially what I’m asking is will Strike Bitcoin Billpay become a common feature at normal banks?

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watch-nerd

That's my guess, too, if BTC fails to break 70.5k-ish.

Ge_Yo

Trying to time a “below 50k” re entry can backfire. If you sell now and it never tags your number, you just lowered your BTC exposure. A cleaner approach is keep DCA weekly, and if you want to lower your average faster, add extra on deeper red days. If you want more than just holding while you DCA, look into native BTC staking or self custody vault style options that keep BTC on Bitcoin so you can get some utility while you wait.

b1mm3rl1f3

Gravedancing headlines on BTC, SCHIFF predicting $10k BTC, Financial Times claiming BTC is "about $70,000 too high" implying it's overvalued by 100%. It makes me hesitant to be bearish. Will we only realize in hindsight that this was the bottom? The consensus is lower, but when the whole market waits for a drop? it rarely comes

Coretron

If we bake a basic random assumption of 20% average increase in BTC then in 25 years you'll have spent £9,125 and in the end you'll have £190,000. If you buy all 9k today you'd have around 900k.

AnxiousSeason

You still think the old DOGE has life in her? Man, ETH... ETH ETH ETH. I want to like ETH. I've just lost so much money on it. But it bounced back, so you might be right. I wouldn't count ETH out, I'm just not playing with ETH for now. And LTC, interesting. Don't know much about it -- isn't it a fork of BTC? Frankly I've yet to see a real use case for crypto that is wide spread or retail. So I think crypto mostly (FOR NOW) rides on sentiment and greed, and I think name branding and technicals are strongest for sentiment and greed. BTC is a house hold name, so people know what it is and when they think of crypto bitcoin is the first they think about, even my mom knows about btc. And SOL is an amazing network and has lots of projects going on. We'll see. The market is really crazy right now. Generally. But BTC seems to be following the 4 year cycle pattern, which is hopeful, but we'll see. It's all a gamble in the end huh? lol. GL

Ill_Turn6934

Thanks for everyone’s insight. He does talk about the taxes part - again, all good if BTC is going up but….when it has a big drawdown then I worry about how it all works for normal person trying this method.

Brightyellowdoor

Really? It's making you uncomfortable? Try just looking at any bitcoin chart, click "all time" and just sit back and take it in. This is EXACTLY what BTC does. I get that it was terrifying 10 years ago but now?

FromThePits

If you own 0.3125 BTC - you have 1 minute worth of all BTC mining rewards released since the last halving in april of 2024. Whatever the value against other currencies has been - this has been a constant value in time. 0.3125 BTC = 1 minute proff of work ..and by 2048 it will become more than one hours work in the mines. This is the main difference to other mining operations like silver or gold. Their time doesn't change. Got a minute?

b1mm3rl1f3

\-The U.S. stands as the Crypto Capital of the World with transparency & innovation leading the way.  "As Congress works to pass the CLARITY Act, I will provide a bridge toward this landmark legislation, ensuring clarity & certainty for innovators & investors." - PAUL ATKINS, U.S SEC chairman \-**BITCOIN’S $60K LEVEL SEEN AS LIQUIDATION TRIGGER** Bitcoin faces a key test at $60,000, with options and loans suggesting a breach could spark forced selling and sharp volatility. Deribit data shows the largest cluster of put options pays off below $60K, near the 200-week moving average at $58K — a crucial technical support. Loans tied to Bitcoin would automatically liquidate collateral if prices dip, potentially triggering a cascade of deleveraging. @ Walter Bloomberg \-A decline to “only” $60k would be relatively shallow for a Bitcoin winter, but as the commodity currency matures, its ups and downs should become less dramatic. It’s anyone’s guess whether $60k is the low, but my guess is that it is, and that after a few months of backing and filling the next cyclical bull market will get underway. @ Timmer Fidelity Gravedancing headlines on BTC, SCHIFF predicting $10k BTC, Financial Times claiming BTC is "about $70,000 too high" implying it's overvalued by 100%. It makes me hesitant to be bearish. Will we only realize in hindsight that this was the bottom? The consensus is lower, but when the whole market waits for a drop? it rarely comes. What do you think?

AnxiousSeason

but it's not right? Because if Saylor keeps buying and holding, and other entities keep doing the same, and eventually the amount of traded BTC becomes a small handful, that value per satoshi is going to go thru the roof. However if you know something different, please let me know.

b1mm3rl1f3

\-Bitcoin Advances Toward Quantum Resistance With Proposed Update \-Brazil reintroduces bill to create a Strategic Bitcoin Reserve, allowing the country to acquire up to 1M $BTC" \- BESSENT ON CRYPTO: SOME CLARITY ON THE BILL WOULD GIVE MARKET COMFORT; IMPORTANT TO GET BILL DONE AS SOON AS POSSIBLE, ON DJT's DESK THIS SPRING \-TRUTH SOCIAL FILES FOR TWO CRYPTO ETFs \-The U.S. stands as the Crypto Capital of the World with transparency & innovation leading the way.  "As Congress works to pass the CLARITY Act, I will provide a bridge toward this landmark legislation, ensuring clarity & certainty for innovators & investors." - PAUL ATKINS, U.S SEC chairman \-**BITCOIN’S $60K LEVEL SEEN AS LIQUIDATION TRIGGER** Bitcoin faces a key test at $60,000, with options and loans suggesting a breach could spark forced selling and sharp volatility. Deribit data shows the largest cluster of put options pays off below $60K, near the 200-week moving average at $58K — a crucial technical support. Loans tied to Bitcoin would automatically liquidate collateral if prices dip, potentially triggering a cascade of deleveraging. @ Walter Bloomberg \-A decline to “only” $60k would be relatively shallow for a Bitcoin winter, but as the commodity currency matures, its ups and downs should become less dramatic. It’s anyone’s guess whether $60k is the low, but my guess is that it is, and that after a few months of backing and filling the next cyclical bull market will get underway. @ Timmer Fidelity Gravedancing headlines on BTC, SCHIFF predicting $10k BTC, Financial Times claiming BTC is "about $70,000 too high" implying it's overvalued by 100%. It makes me hesitant to be bearish. Will we only realize in hindsight that this was the bottom? The consensus is lower, but when the whole market waits for a drop? it rarely comes. What do you think?

SameWeekend13

I see people calling for a new ATH for BTC now. Looks like 50K BTC is cancelled.

OpticallyMosache

Probably not But it's a good point that all long term accumulator will be buying $65-70k BTC at some point. If not on the way down, then on the way up. Healthy for long term holders to remember $65-70k BTC is cheap.

angelwolf71885

The best part is theres more down to come we haven’t even hit the 80% average dip from the ATH yet hold on to your socks and be ready to get BTC at a steep discount

__redruM

BTC ramps up for October and November and then goes dry in January/February with a recover by summer. At least that’s my experience.

VoDoka

Huh, that is the one part of his plan that is sane, focusing on pumping BTC instead of mixing in whatever garbage alt is trending...

JimmyDneutron

To anybody new to crypto this is normal the people that bought btc at .60 been through it all and held tight. Imagine BTC hitting an all time high where you could walk away with 1 billion and you still hodl. I truly believe with such a small amount of BTC in the end. A lot of big corporations wanna shake out the week because they more they have the more ETFs they can write, which is pretty much just IOUs creating an infinite amount of BTC. that’s why we need to hold. It’s gonna go down but it’s gonna come back up. BTC isn’t going anywhere. Blockchain is like the Internet no people believed in it at first either.

azblazer007

90% or more BTC

uncle_romulusX

Been trading BTC for 12 years. Made 414% return last cycle and 238% the previous cycle… I see the same posts every 4 years whether it’s during the bull or the bear market. Just trying to encourage the people freaking out. See you in a couple of years.

RetiredAvocado

The time delay in getting the "correct" blocks is what I'm talking about. It could be hours, or days. And if you received some BTC, and the corp nodes told you that you did, but the network later "catches" up and reorgs last few blocks and orphans the one you got paid in - you didn't get paid.

b1mm3rl1f3

\-Bitcoin Advances Toward Quantum Resistance With Proposed Update \-Brazil reintroduces bill to create a Strategic Bitcoin Reserve, allowing the country to acquire up to 1M $BTC" \- BESSENT ON CRYPTO: SOME CLARITY ON THE BILL WOULD GIVE MARKET COMFORT \-U.S. TREASURY SECRETARY BESSENT ON CRYPTO: IMPORTANT TO GET BILL DONE AS SOON AS POSSIBLE, ON TRUMP'S DESK THIS SPRING \-TRUTH SOCIAL FILES FOR TWO CRYPTO ETFs \-The U.S. stands as the Crypto Capital of the World with transparency & innovation leading the way.  "As Congress works to pass the CLARITY Act, I will provide a bridge toward this landmark legislation, ensuring clarity & certainty for innovators & investors." - PAUL ATKINS, U.S SEC chairman \-**BITCOIN’S $60K LEVEL SEEN AS LIQUIDATION TRIGGER** Bitcoin faces a key test at $60,000, with options and loans suggesting a breach could spark forced selling and sharp volatility. Deribit data shows the largest cluster of put options pays off below $60K, near the 200-week moving average at $58K — a crucial technical support. Loans tied to Bitcoin would automatically liquidate collateral if prices dip, potentially triggering a cascade of deleveraging. @ Walter Bloomberg \-A decline to “only” $60k would be relatively shallow for a Bitcoin winter, but as the commodity currency matures, its ups and downs should become less dramatic. It’s anyone’s guess whether $60k is the low, but my guess is that it is, and that after a few months of backing and filling the next cyclical bull market will get underway. @ Timmer Fidelity Gravedancing headlines on BTC, SCHIFF predicting $10k BTC, Financial Times claiming BTC is "about $70,000 too high" implying it's overvalued by 100%. It makes me hesitant to be bearish. Will we only realize in hindsight that this was the bottom? The consensus is lower, but when the whole market waits for a drop? it rarely comes. What do you think?

hueskye

I’m not based in is so idk about all the robinhood drama that US folk have, but given then just blocked my account for no reason at all - move your BTC away from robinhood asap. If you wonder if i did anything shady - i bought monthly btc on robinhood as their spread was good. One day out of the blue i got this mail: „After careful consideration, Robinhood Crypto has decided to no longer support your account. We apologize for any inconvenience this may cause. Please note that this is a final decision” Luckily all my btc was already out- but they sure did take their time. No more robinhood. Seemed solid until it wasnt

OpticallyMosache

There is a scenario where BTC's price slaps the 4-year cycle in the face and soars to a new all time high this year. The likelihood is high because it's contrarian to what the largest group of people believe. There are so many people holding back and waiting to buy lower. Expecting Bitcoin to bottom in Q4. But remember! Bitcoin loves to do the opposite of what the masses expect. Also, people shouldn't be scared to buy on the way down and experience it going lower. Chances are the price you're paying now would be the price you'd pay when the reversal to the upside is confirmed. Really just ask yourself "Would/will I ever pay $65-70k for Bitcoin?" To everybody accumulating for the long term, this is obviously a yes. Just buy bro/sis!

Vipu2

Where is this list from? I havent heard some of those countries governments mining BTC, maybe some private companies.

Django_McFly

The numbers don't look good. ETH was up 300%+ when you compare the 2021 peak to the 2018 one. The 2025 one wasn't even up 5% vs 2021. From 300% to 5% to x%. That trend would suggest we don't get back to ATH next time. Combine that with all the fee reduction, which is great for users, but don't ever mention something about the burn driving prices or people needing to stockpile ETH to do transaction. They got the costs down 90%. Whatever they did need, they need 90% less per user. They need a 9X in activity just to get back to where they were: sub 5% gains over four years. I'm bullish on defi but 9X in activity on the biggest chain (especially if we're saying by next cycle) seems like wishful thinking. I'd rather take that bet on BTC. While it has diminishing returns, they aren't forecasting to negatives. I never thought of myself as a maxi but crypto is no longer a *buy anything good. wait four years and you'll be happy you bought*. Everyone that top ticked ETH and SOL in 2021 had like a 10 hour window in 2024/2025 where they had 5%-15% gains then it went back to losses. They could have bought USDC, put it into Aave and after a (one, singular) year they'd have gotten the same results. And they had years to withdraw and take advantage, not 10 hours or it's back to losses. You have to pick winners and losers now.

elitesense

Welcome to BTC! I realize it sucks at first but if you end up sticking around then riding these cycle waves becomes a lot more fun (and profitable).

HSuke

I am so confused. Why would slower inflation cause BTC price to go up? It's usually the opposite.

wgcole01

I once bought a bass guitar with BTC on Overstock.com.

Ohvicanne

The historical BTC price on this date is very useful imo to take a step back and not panic.

ApprehensiveSorbet76

The problem is that their trading activity is in the markets their customers are in. Their exchange exists to allow crypto trading. Acquiring their massive stockpile of bitcoin has boosted the price of bitcoin which has boosted the returns of their customers which has made investing in crypto more attractive which has attracted customers to coinbase. So it makes sense on the way up. But on the way down the process can flow in reverse. Plus their stake in BTC means they can easily manipulate the order book. Traders using their platform give pending order information to Coinbase. When coinbase buys and sells the same investments, they can use this relationship to force liquidations, choose which swing traders are profitable, etc. How do they time their trades in a way that is neutral to their customers? They can’t.

DocInABox33

Ok you are getting lost bc there has been so many comments. The sequence was 1. OP said one person selling about 1BTC caused a large drop 2. My response was that one seller can’t move a market like that. Referenced voting studies as an analogy that basically a single seller is a necessary but NOT SUFFICIENT condition to cause major price swing. 3. OP tried to sound smart and quote a corporate finance 101 definition that highlighted pricing based on the last sale (which is what you referenced in your response) 4. My response was that would be the singular and only valid condition IF there was a market of 1 buyer and 1 seller and all transactions stopped after the seller sold. 5. Somehow I sense you are getting offended when focusing on a specific component rather than the overall point.

MusicalBonsai

Not with BTC. That’s for storing wealth. I would pa with something that’s meant for instant low/no fee transactions.

Obvious_Interview298

Yeah, same here. Thankfully, I've made every effort since to correct that mistake by aggressively buying every dip, but it's still painful knowing how much BTC I could've had if I simply paid attention sooner.

GreenStretch

The thing that shocks me is that anyone in the last cycle would have turned BTC into alts. There are plenty of fiat onramps at this point.

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Veganarchyst

Mark Moss has spoken out about it being exactly the time to do just this - a loan for a bitcoin Before this era virtually everyone, and I mean everyone, looked at borrowing to buy BTC was the biggest danger you could ever do Ironically you would've been better off taking out a $2,000 loan to buy 2 BTC back in 2016 than you would now taking out a $130,000 loan against your house for two BTC It's kinda funny that many of the BTC biggies are now comfortable with doing this But Bitcoin has shown in every single part of Bitcoin life, it's always come back and shown that the naysayers were wrong So yeah, I'd say it's a safe bet, as long as you can always make your payments without needing BTC to go up until it's been fully paid off

MariachiArchery

Bro lol, I was literally getting an accounting degree while this was unraveling. I know exactly what happened. But, I did just watch Frontline's new documentary, "The Warning". Fantastic doc. Here: [https://youtu.be/ZZ25uZtey34](https://youtu.be/ZZ25uZtey34) This is worth a watch if this kind of stuff interest you. TLDR: Black box derivative trading, completely unregulated, *insane* amounts of leverage, trades on trades on trades on trades, all insured with swaps... when the underlying assets of the mortgage backed securities started to decline, it triggered a domino effect that had been set up from the 90's. It wasn't subprime lending that lead to the financial collapse, it was the unregulated derivative market that emerged in the 90's, and the massive leveraging that went into that market. The economy could have dealt with the subprime crisis, but the reason it spread to the rest of the market, and the world, was these unregulated derivatives. Anyways, this is in no way like CB's paper loss on BTC holdings here.

bollocksgrenade

BCT does not need any president's help. Everything that comes out of this guys mouth is complete BS. Never forget where Trump stood on BTC during his first term. His stance was clear: "Based on thin air" (2018), "A scam" against the dollar (2021), "Disaster waiting to happen" (2021). BCT under Biden was not an "extinction event". BTC increased its value to a new ATH's and broke 100k.

RTBDouglas

Saylor's post on X this morning (to go buy BTC) .. has over 330,000 views already- and over 1,000 repost. Could be enough to start the rebound squeeze back up. The drop from the October All Time High was has simply been a multi-month, Highly leveraged short attack... not actual BTC being sold (considering over 150,000 Net bitcoin has been bought during this period. Take a look at "BTC Total Supply on Exchanges"). Supply is near All Time Lows- and the current Supply/Demand driven value (inverse supply slope) is above 140K. Since BTC Supply began falling at the start of 2024... BTC always squeezes back up to the inverse supply line following multi month short attacks.

Yukon_Wally

Buy and hold BTC. Alt coins are dead IMO. 

andraip

Since when is Germany managing a BTC portfolio/reserve? Aren't they just selling confiscated crypto? In which case they wouldn't have control over when to sell.

futurama08

Yes but the difference is enormous - 10 years ago Bitcoin was a fringe instrument used by few. Today it is available on ETFs to freely trade. The biggest difference is that 10 years ago all the things that could propel BTC higher were pipe dreams. Today all those things are realities. What markets are left to be able to inject more capital into them? There's no barrier to entry anymore. I think this is often overlooked.

mister_mayhem_m

All I see here is "I have no idea how to chart my investments." There is nothing abnormal going on with BTC.

ahhhaccountname

95% of net worth in BTC. Holding emergency funds. I understand people putting ~ 5-10% in BTC, but I dont believe 1 GBP a day is even 1% for you. 10 GBP a day probably wouldn't be a problem and will let you have that goal of getting 1 BTC some day

b1mm3rl1f3

$30-40k by Q4 if BTC doesn't recover soon imo. Crypto sentiment is at an ATL, good news doesn't move it, what's left? bear market

Larry_l3ird

I’ve been saying this for a while now. I’m not sure why bitcoin is still being propped up as if it’s got any real world value outside of being the first mover in the cryptocurrency space. Those bullish on it have never really acknowledged it’s failure as a currency, they simply blindly pivoted to the story that it’s a store of value, similar to “digital gold”, whatever the fuck that is. I won’t call it a Ponzi scheme at this point, but it’s clearly got no real long term value or impact in society. There are newer cryptocurrencies that have way more utility and the ability to actually function as a currency, there’s others that function within the current system to help facilitate banking transactions, Ethereum has the smart contract feature that’s only scratched the surface of it’s potential. Others have the anonymity that bitcoin promised, but as we know failed again on that claim as well. Bitcoin has none of this going for it. It’s going to zero, or what’s effectively zero - a few zealots may keep BTC alive with a couple dollars valuation, but that’s still an abject failure regardless, and that’s what I’m ultimately talking about when I say it’s going to zero.

79918101

You’d be more impressed if I went all in to BTC without any other investments, but being new to it this is the amount I’m comfortable with without unnecessarily throttling other kinds of investment. Gains will be small but hey ho I’m not loaded 🤷🏻‍♂️

Larry_l3ird

I’ve been saying this for a while now. I’m not sure why bitcoin is still being propped up as if it’s got any real world value outside of being the first mover in the cryptocurrency space. Those bullish on it have never really acknowledged it’s failure as a currency, they simply blindly pivoted to the story that it’s a store of value, similar to “digital gold”, whatever the fuck that is. I won’t call it a Ponzi scheme at this point, but it’s clearly got no real long term value or impact in society. There are actual cryptocurrencies that have way more utility and ability to function as a currency, there’s others that function within the current system to help facilitate banking transactions, Ethereum has the smart contract feature that’s only scratched the surface of it’s potential. Bitcoin has none of this going for it. It’s going to zero, or what’s effectively zero - a few zealots may keep BTC alive with a couple dollars valuation, but that’s still an abject failure regardless, and that’s what I’m ultimately talking about when I say it’s going to zero.

Darryl_444

Not sure I fully understand the question, but typically the low bottoms out roughly 1 year after the high. So, since it seems that Oct 2025 was the latest peak, one would expect this (Q4 2026) October-December will be close to the cyclic low for the next cycle. As I said, it's typically quite flat (by BTC standards) at that point, so timing is less critical. Then another three years of rising until the next peak in late 2029. None of this is guaranteed. Can be several months off target, or maybe even the cycle breaks this time. But as of now, it has basically held for the past 4 peaks in late 2013, 2017, 2021, and 2025 (so far). Look [here](https://bitinfocharts.com/comparison/bitcoin-price.html#alltime) for a good history chart. Click LOG/LINEAR to be able to see older/newer price movements better. There will still be local volatility, so averaging in and out helps to avoid picking a bad moment (especially near the peak). Shotgun vs sniper. Potential gains tend to be much lower each cycle, as volatility diminishes. This could eventually kill the cycle completely. YMMV, DYOR

billionaireboysclubs

They like every other holder didn’t know when the top was and now they’re seeing it drop hard and want to get out. The entire Wall Street has these “BTC treasuries” on their balance sheet. They went out and raised billions just to buy BTC and they’re all underwater tanking into the abyss.

Anonymous_Lurker_1

Personally, I plan to HODL long term. I'm thinking another 10 years. I'll see where we are then. You might want to check your ISA rules. I believe if you're holding actual BTC, ISA's aren't eligible after April, and you won't get the same benefits as you do currently. I held IB1T on T212 too and sold around Christmas time. I think T212 will just automatically cash in the value and you have to open an IFISA instead. I am still considering IB1T again though. Keep what I have in cold storage, and let T212 manage my keys. Against the BTC ethos, I know, but I want to cover all bases. I do think MSTR is worth having too - though I haven't got any currently. When I did have some MSTR, I held a few others too that performed well whilst BTC was around ATH - check out GLXY, HIVE, RIOT and MARA. I simplified my stocks into an All World ETF and a few individuals with small allocations, but I am thinking of lump buying some of the above again. When BTC rips, BTC-related stocks rip more (though they drop more than BTC drops too).

TheShed1905

I’ve used phantom to buy and hold BTC in the past year.

positronius

All I need at this point is a bot that scrapes reddit and when posts and comments like these start to pop up, it starts accumulating. And when it's all sunshine and rainbows and BTC to 10M, it starts offloading.

DTodd850

Worse thing you could do now is sell. DON’T SELL. Short term noise. BTC is fine. It’s on sell, so buy more. When it goes lower, buy more. You will be proud of yourself in years to come.

DiamondHandsDarrell

Hmmm That's our problem, bitcoiners. People are too busy chasing money instead of learning about it. They blind themselves and can't see the forest for the trees: fiat is fake and not worth anything while BTC is finite and infinitely useful.

nonHypnotic-dev

BTC is the biggest shit coin ever, please sell all and don't buy again. This is an investment advice.

Jacmac_

It is a negative sum game because Crypto will only be lost forever, it can't be recreated when it is destroyed. So when a man with the password to a hard wallet dies, the BTC in it is lost forever. Eventually all crytocurrency will be lost in some manner, and once it is lost it can't be reprinted like fiat can.

isaacvictory

If you want to earn real Bitcoin without gimmicks, instead of chasing micro-tasks, a smarter move is growing what you already have platforms like CoinDepo let you earn BTC through structured saving plans, so you’re building steady Bitcoin income rather than grinding for a few dollars a day.

DisorientedPanda

Not talking about months just because it's always October. More so because it will have been around 365 days since the top. My hypothesis is based on the halving and the top and time in between. Don't really listen to all the noise. I think I'd rather throw my hat at data based on the code/function of BTC than if, buts and maybes of various institutions or people. Also 'bitcoin cycles are no longer the same as they used to be' is the same old phrase that is mentioned every cycle, and yet the timescales are within a marginal amount bar the first few cycles. If anything, more institutions and people getting involved means more pattern and data analysis, which means more people buying into the pattern/data and it becomes a self fulfilling prophecy. What institution wouldn't love an asset that they just need to buy 365 days after the last top, sell 545 days after the halving and repeat.

amgoblue

Umm no shitcoin casinos are not probably fine. BTC-only exchanges with proof of reserves like River are probably fine.

2peg2city

If they are holding more than the BTC deposited by their users it is a bet, especially if it isn't hedged. My assumption would be all BTC held for users is offset by a drop in BTC owed to those users so is completely neutral for their financial position, this is excess reserves and therefore technically a bet. Just like holding USD is a bet, everything is if it isn't hedged.

DiamondHandsDarrell

BTC is more liquid than any other financial instrument, so you better believe companies react quickly and it shows.

turd_ferguson_816

It was already at 120 and he wasn’t even close to the richest alive. He owns 17000 BTC personally. The rest is owned by the shareholders.

L00PYLL0YD

Hopefully when we sell, even if we are in theory taxed on all the holdings, if the gains are that good over a long period, I won't care! Also holding MSTR, all being well and ISA rules don't change too much, I may never have to sell raw BTC!

isaacvictory

Staking BTC and ETH is worth staking coz with its stabilty value in the market and look for good platform like coindepo with high interest rates without any hassle in withdrawal.

qp0n

Not sure how many here watch the markets broadly as a whole, but today is a strange day. Been a long time since we've seen BTC dramatically outperforming every other asset. The demand has re-entered the chat.

cfp-throw

Yeah you’re not wrong overall I just don’t see why anyone creates a coinbase account when they can do it through their existing bank or trading app. Be careful with thinking that CB one means free trades it doesn’t. They simply overcharge you for whatever you’re buying so if BTC is $66k you get to buy it for free at $67k which is very disingenuous of them. For me to do 5 or 6 figure trades on coinbase would cost hundreds or thousands in fees. Or I can use inchain options like hyperliquid or lighter for under $50. I personally like lighter the best at the moment. I keep funds on coinbase to get the good credit card rewards but I’m rethinking that as well. I really like agents on Base but I’m not sure if it’s enough for them to notably love their stock

ApexMM

I don't see why he's so focused only on BTC, seems like he's trying to prove a point almost. it seems eth is very oversold versus BTC in this cycle, I've been focusing on that moreso than the market as a whole.

LongLonMan

No one will refinance him if BTC is in the dumps

ImmediateShape4204

Last time ETH dropped under 2k was in March post tarifs on a dip at a bottom around 76k... ETH/BTC is holding quite a bit better than last time post tariffs so far... (0.03ish 0.02ish), almost 50% better. Same can't be said of many alts vs BTC. I am loading on ETH around 2k, I think it is a smart move.

Rattekop69

> When was the last time someone said that he would rather buy something with bitcoin or pay someone with bitcoin than real money? Literally the reason why BTC is superior. Of course people want to spend the useless currency first. Why would you want to hoard USD when they print new bills indefinitely? I'm not going to waste my BTC on useless Chinese crap, because I know there will only be 21 million of them. Digital gold, baby. Nobody buys their groceries with gold either, yet they're all hoarding it. You think you're smart, but you're not. The umpteenth braindead hater. Good luck.

Competitive_Deal1003

Go LONG in BTC. Do not go in MSTR. They have prettied up their words, and says STRC are mechanics that going to offer more and more stock offerings. There is a reason why Strategy Inc is able to pay wages including a 8M salary and 800k salary with no sales. I wont be suprised that thry will share the same fate as PGI just yesterday, if they are following the same schematics but with the stock market. Own the assest not the ads to the papers ststing thry can create Matter out of thin air by calling itself an Amplier. If stock acted like sound waves ( i know a different amplifier) eveeyone is always in the green or grey.

Hitchie_Rawtin

Centralisation risks wouldn't worry me too much, not everything needs to be as massively decentralised as ETH or BTC, they're the foundational backbones. Having said that, Zero is currently overhyped marketing centred around possible future advancements & Google being involved rather than what's currently feasible right now. People do tend to buy hype so it might pop, but the last 5 years were so severe I can only see people buying in after it's already been scampumped to get retail to buy tops & VCs get to offload their very generous allocations for the next few years.

QuickChronic

Rookie numbers.  Most of us are/have been much worse off in more uncertain times for BTC. 

Legal-Net-4909

I get the sector rotation idea. You can definitely see capital moving from BTC to large caps to smaller caps as risk appetite expands. That part makes sense. Where I get cautious is stretching that into multi decade “focus cycles.” Crypto is still heavily driven by liquidity, regulation, and macro. A lot can change structurally before any 12 or 16 year theory plays out. Also, narratives tend to look clean in hindsight. In real time, rotations are messy and often overlap. It’s hard to trade cleanly off a fixed sequence without overfitting. As for Zcash replacing Bitcoin, that’s a bold call. Privacy could become more important over time, but network effects and liquidity are powerful forces. Replacing BTC entirely would require more than just better tech.

Legal-Net-4909

If you’ve never been in crypto before, holding through volatility can be emotionally rough. BTC can easily swing 20–30% without warning. If that would stress you out, there’s nothing wrong with taking some off the table.

Legal-Net-4909

This is peak crypto experience honestly. It’s all rockets and screenshots at 100k, then suddenly you’re staring at the ceiling at 2am questioning your life choices over a red candle. The “healthy correction” guy only shows up when it’s not his portfolio getting punched. But real talk, this is kind of how BTC always resets sentiment. When it feels chaotic and personal, it’s usually just volatility doing its thing. Doesn’t make it less annoying though. Respect for not panic selling. Now go get some sleep. The candles will still be bleeding in the morning.

Natural_Berry_8007

Sorry to hear you have this experience. You may want to consider if selling ADA and LINK and reinvesting in ETH could be a good idea. There’s a good chance they won’t recover even when ETH and BTC recover. I also wouldn’t add more to loosing positions, but I just never DCA, I would wait for trend reversal if I want to add more. And I’d also rather diversify to some other asset class. Looking forward, you need to learn using Stop Loss and basics of technical analysis to become better at managing your investments.

phaattiee

This is the point where you need to decide if you're either ALL IN or just get out because you can't handle the smoke. I remember cradling through the black swan event in 2020 after building up a HEAVY DCA throughout 18/19. I held out of spite even though a part of me charged it to the game and chalked it up as a failure I decided I would commit on the principles of what BTC stands for. What I learned about finance, budgeting, saving, investing, economics that stemmed from a hyper fixation on magic internet beans has been more valuable to me in terms of personal finance than anything in my entire life. I would pay my entire portfolio for that information and knowledge 100x over. I've diversified now and protected myself a little more but I would still let my BTC bags go to zero on principle and that will never change.

AlberGro

The minute the world learn that a takeover might happen that will end up selling Strategy stack, BTC will dump 75% overnight. Then the takeover might not even be profitable.

cfp-throw

It's not a buy. Coinbase charges way too high of fees and they will get bites taken out of them by everyone post clarity act. Anyone with some knowledge trades on chain and bypasses CEX but it's going to become a race to the bottom with Robinhood and others trying to attract everyday people. Coinbase is also not positioned well on the stablecoin side of things and is on the outside looking in at the current whitehouse meetings for market structure. They were early, somehow got regulatory approval and were the only game in town but the doors are opening for others. At the same time, everyone is realizing that you don't need BTC or ETH to go up in value for tokenization to happen at a massive scale. Tokenized metals are doing ridiculous volume now on chain but it's not helping ETH or any other major nor should it. You could make the argument that the cheaper ETH is the better because it will cost less to transact. I personally hold crypto to do on chain trades and actions and I keep a short for the same amount so I'm price neutral. It costs me some liquidity but at least I'm not down 50% from the top.

anbnzb

These articles are truly hilarious. Everybody should know that bitcoin is a high volatility macro asset. Everyone knows, by looking at the chart, that there has been a massive drawdown after a new ATH, then a slow return to a new high. Everyone knows that as an asset goes from $1 to $125000 that the upside percentage wise gets smaller. Everyone knows that it was never a slam dunk guaranteed retirement plan or that it would replace the $ Dollar. Everyone should have known that bitcoin will not be crushed by regulation, that capital flow and mining will continue because the network is worth the energy costs and that bitcoin isn't useless as money. If I live in the US, Bitcoin is mostly useless for me. But if I live in another country where capital controls exist and my currency fluctuates dramatically that changes. Simply, if I live in country X, for example, and I sell a widget online and ask for payment in BTC, I receive this in my wallet directly and bypass the middleman completely. I don't care about capital controls or currency fluctuation. And lastly, does being digital gold matter? I would take the return on bitcoin any day to golds return for the last 5000 years. Sometimes these articles almost, I say almost lightly, like someone is upset they didn't get into Bitcoin before 2017.

novak-sl

Oh I would set up autobuy at 50k, if it goes bellow that I dont really care, since its what I consider a good price. When it fell from 120k to 90k I started buying so my avg is like 84k, I'd like to get it closer to 60k and I think by selling now and waiting for 10-20% drop before starting to buy again is a pretty solid move - since everyone and every graph is saying we're at the start of a bear market. (BTC 4 year chart)

EarningsPal

Someone bought the BTC after Bhutan spent money mining it. 2 payments from 2 entities for that BTC.

watch-nerd

MSTR is now trading at a discount to NAV. If the gap widens enough, aren't they a hostile takeover target? Why would anyone loan Saylor money instead of just raising funds to takeover the company, instead? New owners declare bankruptcy, stockholders get crushed, dividends cut, bondholders are offered pennies on the dollar, new owner keeps some fraction of the BTC.