BTC

Scionic94

Consider BitKey for a good starter wallet or Coldcard if you’re more technical and want to air gap things. I recommend doing decent sized transfers of at least ~1mil sats (0.01 BTC) to reduce transaction fees in the future. Most BTC-only exchanges have clever ways to reduce or eliminate transfer-out fees. Love the slow, but free option that Strike has.

freshflo

I got the Bitbox02 and never felt better with my BTC. Direct buy via Pocket every week.

freeridevt

BTC

Aromatic-Contact610

I would be asking where the rest of my BTC went lol

DrEtatstician

The best performance of BTC is just 10 days in a year !! You never know when that 10 days will hit

Amber_Sam

>Some people are talking about buying BTC in P2P. But that means paying at least a 10-15% This is written by someone who never used a P2P. I'm always buying under 5%, in many cases under 2%. If I can't find a good rate, I create my own with 0% and it gets snatched within an our or two. For anyone thinking to give P2P a try (you definitively should), have a look at BISQ, Robosats, HodlHodl, PeachBitcoin and Vexl.

Luis221231

Bro is laundering money with BTC.

Look_Up_Here

Knows if Tom Lee is becoming a joke, or knows which way BTC is going to go. I agree with the latter, which is why I think people are starting to believe the former.

MayorDepression

Nah, not only are BTC's returns better than the stock market, but it's also better on a risk-adjusted basis. Historically, BTC has a higher sharpe ratio and an even higher Sortino ratio (my favorite, as it does not penalize for upwards volatility).

HSuke

Or money laundering. Supposed OP has dirty BTC that's been traced to illegal activity. We help him and PayPal him money. We're stuck with illegally-acquired BTC we can't get rid of.

formbrand

If I wanted to pay cash, I would have done it long ago. I politely asked very specific questions of how to acquire BTC with gift cards. I don’t see the point of you questioning me why. I have my reasons.

AmazingfurnitureCT

DCA BTC ESD (every single day)

2ampee

No matter if BTC hits $10mil or $0 in 5 years, this Reddit is just a group jerk session

hereisthemothafucka

Hi, thank you so much! so you mean get spare parts from BTC Hardware solutions? and how exactly could I practice recovery scenarios? the biggest risk seems to be personal, to have the private key backed up and truly secure

Betterjake

Sending any amount from Satoshi's wallet would cause extreme short term panic as people would think it's possible the market would be flooded with new supply. Knowing that, I do two things * Send 10,000 BTC to a wallet I control * Send the remained to a burn address, effectively removing the rest from circulation forever

Easik

The 4 year cycle has been pretty predictable, especially since it has nothing to do with BTC and everything to do with credit cycles. Risk-on is going to take it on the chin when all this liquidity gets pulled out of the market.

SeemedGood

BTC is among the most pointless cryptos. Since Blockstream neutered it, it’s become just another speculative financial asset, but with higher fees and more volatility than most. Projects which aim to create utility beyond raw speculation have more of a point.

Juice79man

Dump Polygon, the Graph, Arbitrum, Celestial, Ondo, then decide between Dot, Avalanche, and Hedera. I’d hold 50%BTC, 20% ETH, 10% SOL, 10% LiNK. Then the last 10% in what you personally believe in between the coins I told you to choose between. I personally Hold ICP and DOT (I personally find the risk reward on these 2 worth it.) I hold the other 4 in the exact %’s I said. I use the last 10% in my spec plays.

steebulee

As much of a meme as Saylor and every other BTC character

JeremyLinForever

The bid was omitted from my explanation. If it is at $1, then it will be $1. Again, the key statement is if not a single person sold, and the sell orders are at $10 million you either buy at $10 million or you don’t get any BTC. It’s simple.

justcurious3287

...You're not going to get rich with BTC. Unless you bought very early, like in the early 2010s. Sorry. Doesn't mean it's not still a good investment, you can still do okay, but you're not going to make millions of dollars.

VariatCA

There have been a *boatload* of buyers this week, but there has also been around *$15 Billion* in more short-position volume than there has been longs opened in the last ~7 days, even while the price is up $6,000. It's literally been a barrage of shorts trying to hold back BTC's recovery since the bounce on Thursday night, and overall they're *still losing*.

Shazvox

Depends on how much you trust yourself. Can you keep your BTC secure without forgetting, misplacing or otherwise fuck it up?

Easik

This seems more like a scam to get more money out of you? Fees are like 140-340 sats to send BTC

Stew-Cee23

I'd be wondering where TF all the rest of my BTC went

hazmatlife

I bought BTC at 3k (not super early but compared to today for sure). I didn’t understand what I was doing. I pulled out with very little profit not too long after. Didn’t think of it much until the next bull run where I realized it’s use case. Then ETH stole my heart and now it’s something I believe in arguably even more than bitcoin. So now I DCA into ETH and chill. I fumbled BTC at 3k but won’t fumble ETH around the same price. Won’t be looking back saying “shoulda woulda coulda” this go around.

VariatCA

Better break out the celebratory champagne for them while BTC is *checks charts* currently down 0.5% today and still above 90k.

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Adept-Ad-738

Definitely the actual thing. People should own their own BTC and not be investing in BTC ETF’s and no one should be encouraging otherwise.

Talkless

Is there website to track Cramer Indicator with BTC price graph?

VariatCA

Based on what, it's stellar track record of falling -33% over two years since November 2021, and taking the next two years just to barely recover to its old peak? While BTC has *actually* demonstrated its ability to outperform old highs and reach dozens of new daily ATH-plateaus since then? Your bias is getting radioactive at this point lol

VariatCA

It definitely can, which is why leverage drives this market in both directions. If you were watching the short-vs-long volume of the past week though, you'd have seen that since the ~85k level of last Friday, there has been over *$15 Billion* more in short-position volume being opened up than there has been long-positions. This is amidst BTC rising about $6k-8k since then. It's not long-positions inflating the price this past week since the bottom last Thursday, it's been short-positions trying to hold back the immense buying pressure and suppressing the price growth as much as possible.

Nearby-End3551

I remember when BTC came out, I swore it was made by the Cia to set up drug dealers and such. Just so they could reclaim all the BTC after they arrested them and drove the price. Years later....here we are... most if not all that BTC was seized by FBI. I doubt the us government has ever actually bought BTC. 😅.

BainTrain55

Hmmm Where did all the BTC to 100k+ EOY articles go that were posted the last 2 days?

Calm-Professional103

What wallet do you use?  Do you use eCash or can you use BTC?

OutlandishnessLimp25

Depends which exchange. Coinbase and River I think you’ll be ok. That said, I don’t leave Bitcoin on exchanges longer than I have to, I always send to cold wallets. Exchanges work until they don’t and then you’re screwed. Nobody wanted their money tied up in a legal battle. Just ask anyone who had money with FTX (I did not) but that money was tied up in court for years…and the real “work” of owning Bitcoin is waiting for time to pass, imagine the time passes, but then you don’t get the reward, that’s what happened to FTX holders. They got their bitcoin back at the USD price it was confiscated at (plus some interest) , not at the higher price it was worth. At the time of FTX's bankruptcy filing on November 11, 2022, 1 BTC was worth approximately $17,034 USD (based on the closing price that day). Under the confirmed FTX bankruptcy repayment plan (effective January 3, 2025), non-governmental creditors—including those with BTC claims—are entitled to 100% of their allowed claim value (pegged to the USD equivalent of their holdings as of the November 2022 petition date) plus interest, totaling 119% of the original claim amount for 98% of eligible creditors. This equates to a repayment of approximately $20,271 USD for a 1 BTC claim. Distributions began in early 2025 and have continued in phases (e.g., a third round of $1.6 billion started September 30, 2025), with most creditors expected to receive full payouts by the end of 2025 or early 2026. Note that while the plan prioritizes USD-equivalent recoveries, some creditors may opt for distributions in crypto assets at prevailing market values, but the baseline recovery remains tied to the 2022 USD valuation plus interest.

Street_Outside_7228

No, it’s still a 4yr cycle for BTC. 2.5-3yr bull run 1-1.5yr bear run Nothing about to change just because media got the retail hoping for sUpeRcYcLe.

Superbar_garlicbread

There is a spread for the price of BTC you'll be buying, but it's not a fee per transaction.

Btcmot

Just a thot … as you are buying on an exchange/broker, which are not the same, think of it as a savings account. Would you save money in someone else’s account? Or think of it like a checking account, would you give someone else access to your checking account? There are exchanges that have very good security. Strike and River are two i am familiar with. I have heard the name binance often but i dont know anything about them really. It is a good idea to hold your own bitcoin. As you are getting started , a “safe or secure exchange” is a good place to start. Look into “Aqua wallet” as a hot wallet with good security and a good reputation as an in-term place to move your sats to once you get some built up. A wallet can’t do anything but store so you eliminate 3d party risk. Then once you have “your” amount built up, move it to a cold wallet, for long term storage with the most security. You have to decide your amounts. I.e. when you reach 50k sats on an exchange you move it to aqua… when you get 500,000 sats on aqua you move it to cold storage. You decide the levels , but most importantly, you should be educating yourself about BTC. Read or listen to : safeadim Amous, larry lepard, michael Saylor, jack mallers, matthew Kratter, prestonPisch, natalie Brunell, simply Bitcoin and others. My choice is to only listen to Bitcoin Only people because they wont sell you something to make profit off your purchase. There are a lot of other opinions, and everyone thinks they are right. Its your path to choose. Remember this, NO one owns bitcoin and no ONE decides its price or quantity. There are 21 million max and you are buying a non-shrinking piece of the total each time you buy more. Happy Stacking.

itzdivz

BTC goes up, alt coin dont follow. BTC goes down, everything tanks at least 2x as much

Easik

The expense ratio is 0.65%, so the value of the ETF share price will reflect this fee. Also, that's an ETF tracking a bunch of different crypto assets like COIN, RIOT, IREN, etc. It's not a diversified risk and will probably give worse returns than just pure BTC.

SeaworthinessFast161

I think OP has money in BTC, not necessarily whole coins. Common misspeaking which actually *is* indicative of a beginner.

Adventurous-Use-7737

Copy that Gold Leader. I need to keep 10k of USDC to earn 2.5% BTC back. Is that 10k safe?

DangerHighVoltage111

👍 Should include at least the big four: BTC ETH BCH LTC.

NilsTheChef

Seems like BlackRock's making big moves in the SOL space! Any thoughts on what this might mean for institutional adoption of alt L1s beyond just BTC and ETH? I've noticed traditional finance slowly warming up to more projects, but BlackRock getting involved could be a real game-changer for market legitimacy.

skyyyloo

Sorry about the Voyager experience - many of us learned similar painful lessons the hard way. Glad you're back in the game! Make sure you transfer your BTC from Coinbase to a personal wallet once you accumulate enough to justify transfer fees. The Coinbase card is decent for earning crypto rewards on regular spending, but remember "not your keys, not your coins." Don't leave significant amounts on exchanges this time around!

L4ur3nsk1s

Glad you're taking the road to self-sovereignty! SeedSigner is indeed an excellent open-source option that emphasizes security through air-gapped operations. To answer your questions: - Parts are generally durable if assembled properly - SeedSigner+ offers a larger, higher-resolution display and better camera - BTC Hardware Solutions is a legitimate vendor in the US (I've ordered from them) One tip: Consider getting spare parts in case something breaks. Also, practice recovery scenarios before trusting it with significant funds. The learning curve is steeper than Ledger/Trezor, but the knowledge gained about Bitcoin's fundamental security model is invaluable!

RATHSQUATCH

Haven't heard much about DATs recently. They seemed promising for institutions wanting controlled crypto exposure, but most appear to have underperformed in this bull cycle compared to simply holding BTC/ETH. I'm wondering if regulations and banking partnerships made them too restrictive to capture the upside they promised. Anyone have insight into whether they're still being actively developed or adopted?

Easik

What's the ticker? I don't know of any BTC ETFs that don't have a management fee.

CoinMongerer

Crazy to suggest that BTC, something that's been around little over a decade, is definitely here to stay, and that it's going to "replace" gold, which has been the world's de facto real money net for more than 5,000 years. Utter insanity my friend. Just wait until it leaks that it was built by DARPA

Mysealia

Educational: The Herman Miller inflation example perfectly illustrates two key economic concepts: 1) **Purchasing power erosion**: Your CAD lost 40% of its buying power in 5 years (~7% annual inflation), which is actually worse than official CPI figures suggest. This happens because fiat currencies are constantly being devalued through monetary expansion. 2) **Bitcoin as a unit of account**: Your observation about the chair costing 0.09 BTC in 2020 vs 0.0156 BTC today demonstrates Bitcoin's deflationary nature. As its fixed supply meets increasing demand, each unit becomes more valuable over time. This is exactly why many consider Bitcoin "hard money"

panlorita

Bitcoin offers key advantages over gold that make it more suitable for our digital age: **Portability**: You can transfer any amount of Bitcoin globally in minutes, unlike gold which is costly and risky to transport. **Divisibility**: Bitcoin can be divided to 8 decimal places (0.00000001 BTC = 1 satoshi), making micro-transactions possible. Try cutting your gold bar into millionths! **Verifiability**: Anyone can independently verify Bitcoin transactions and holdings on the blockchain. Gold requires specialized equipment and expertise to authenticate. **Scarcity**: Bitcoin has a fixed supply cap of 21 million, mathematically guaranteed. Gold's supply increases ~1.

melanielfarmer

I'm pretty fastidious about tracking cost basis, and there are definitely consequences if you don't. If you don't provide cost basis info and just use the transfer date value, you could end up paying significantly more in taxes than necessary. For example, if you bought BTC at $10K years ago and transfer it when it's worth $60K, Fidelity would use $60K as your cost basis unless you manually correct it. I'd recommend using a crypto tax tool like Koinly, CoinTracker, or TokenTax to generate your historical cost basis before moving assets. These tools can connect to exchanges via API and generate reports showing your original acquisition prices. For Fidel

awsomepants61

2 Hey there, fellow BTC enthusiast! I see that excitement level is through the roof! While I love the energy, these types of price predictions tend to be a bit of a rollercoaster. I've been around since 2017 and can't count how many "tomorrow's the day!" posts I've seen (and made a few myself lol). What's your plan if it does hit 90k? Hold, take profits, or something else? I've personally started taking small profits on the way up this time around after learning my lesson in previous cycles. The euphoria is contagious though! Just remember markets rarely move exactly how we expect. Either way, exciting times ahea

chanelskellington

I'm right there with you! I've developed this coping mechanism over several market cycles now. Those red days can be brutal on mental health, and sometimes the best thing is to just walk away for a while. During the 2018-2019 bear market, I literally deleted my portfolio apps and set up price alerts for when BTC hit certain thresholds. Made life so much more enjoyable than obsessively checking charts. How do you typically spend your time away from the charts? I've found picking up completely unrelated hobbies helps - got really into bread baking during the last downtrend!

aidanemerck

**Educational** This is a significant milestone for Bitcoin! A few interesting points to consider: While 20 million BTC being mined is psychologically meaningful, Bitcoin's supply schedule follows halvings rather than round numbers. We're actually approaching the 4th halving in April 2024, which will reduce block rewards from 6.25 to 3.125 BTC. The final bitcoin won't actually be mined until around 2140, due to the exponential decay of block rewards. Each halving makes mining new coins increasingly scarce. What makes the 20 million milestone particularly powerful is the contrast with fiat currencies. While central banks can print unlimited money, we're approaching

iancmcmanus

Texas making big moves in Bitcoin! This is another interesting example of government entities starting to add BTC to their reserves. Worth noting a few key details here: • Texas has established a Bitcoin Mining Advisory Council and has been encouraging miners to set up shop there, particularly to help stabilize their power grid • They've positioned themselves as very crypto-friendly compared to other states • This follows other government adoptions like El Salvador (national level) and Miami (city level) What's particularly interesting is how this fits into the broader trend of Bitcoin being treated as a strategic reserve asset by various types of institutions - from corporations to sovereign funds to now state governments. For those curious about the regulatory implications, Texas having skin in the

anikpatel

Seems like you're noticing the "dollar-cost averaging" effect in action across both institutional and retail levels. This strategy is indeed becoming more common. For context, about 900 BTC (~$55M at current prices) are mined daily, and corporate treasuries alone have accumulated over 300,000 BTC. MicroStrategy's approach of raising capital specifically to buy Bitcoin regardless of price has definitely changed the game. On the retail side, data from exchanges shows consistent outflows to private wallets, suggesting regular accumulation patterns. Services like Swan Bitcoin, River, and Cash App's recurring buys feature have made this easier for everyday users. What's interesting is that these accumulation strategies create

balsabomb

Given the current state of the market, DCA is probably your safest bet to avoid catching a local top. Set up a plan to convert your gold into BTC over the next 2-3 months - perhaps $2-3k per week. This gives you protection against short-term volatility while still ensuring you're fully positioned relatively quickly. Consider keeping a small portion in gold (maybe 20%) for diversification. Gold and Bitcoin serve different purposes in a portfolio - one has thousands of years of history as a store of value, the other has superior portability and potential upside. If you do sell all at once, be prepared for potential short-term price swings and the psychological impact. Many people

soedjag

Texas is treating BTC like any other legitimate asset class for state treasury diversification, which is a pretty significant move for institutional adoption. When a conservative state with a $2 trillion economy treats Bitcoin as a legitimate investment vehicle, it signals growing mainstream acceptance. That said, $10 million is incredibly small relative to Texas' overall reserves - it's more symbolic than financially impactful. They're essentially testing the waters with what amounts to a rounding error for their treasury. Worth noting too that this follows Texas' broader crypto-friendly approach - they've already passed laws clarifying that Texas banks can custody digital assets and recognizing the legal status of smart contracts. This purchase aligns with their ongoing strategy to position themselves as a

gmgarcia24

Tether's stability has been a concern for a while now, and S&P's downgrade reflects what many in the crypto space have been worried about. For those unaware, stablecoins like USDT are supposed to be fully backed by reserves (dollars, assets, etc.) to maintain their $1 peg. The real issue here is transparency. Tether has historically been reluctant to provide full audits of their reserves. They claim to have sufficient backing, but their reserves include commercial paper, corporate bonds, and yes - cryptocurrencies like Bitcoin. This creates a potential death spiral: if BTC crashes hard and people rush to redeem USDT, Tether might not have enough

frankieaz66

BTC maximalism has served me well over the years. After getting burned on a few alts in 2017 and seeing many projects come and go, Bitcoin's simplicity and network effect make a compelling case. Not saying there isn't space for innovation elsewhere, but I've learned that most people (myself included) aren't equipped to evaluate the technical merits and economic models of hundreds of competing projects. For me, Bitcoin's clear purpose, fixed supply, and unmatched security help me sleep at night. The "boring" steady development approach has been a feature, not a bug. Anyone else finding themselves coming back to a Bitcoin-only approach after experimenting with the wider crypto ecosystem?

J3jlun

I just put an out-of-office reply for the next few years that says "Sorry, I'm currently busy refreshing BTC charts every 5 minutes." Anyone else in the same boat? 😂 I've gone through three market cycles now, and somehow the obsessive chart watching never gets easier. My screen time report is basically a confession at this point. The funny thing is, when prices drop I check more frequently, and when they pump I check... also more frequently. My partner keeps asking why I'm smiling at my phone randomly throughout the day. Little do they know I'm just watching green candles form!

denfaina__

Translation I'm a regarded with money, the only way to protect them is going with fees and put them in the exact place BTC is trying to replace.

calvinjack817

I think a lot of us are feeling this alt-burnout right now. I've definitely shifted more toward BTC over the last year as most alts just kept bleeding against it. Here's my approach: I now keep around 60-70% in BTC (up from 40% in 2021), with the remaining split between ETH and a handful of projects I genuinely believe solve real problems. I've stopped chasing the "next big thing" entirely. One pattern I've noticed across three cycles now - when sentiment turns extremely maximalist like this, that's often when the tide eventually shifts. Classic market psychology. Have you looked at the BTC dominance chart lately? It tends to cycle

vsmadra

Hey there, fellow Bitcoiner! DCA is definitely the way to go for most of us. Are you keeping your stacking in a hot wallet or moving to cold storage at certain intervals? I started with a mobile wallet for my weekly buys, but now transfer to my hardware wallet once I hit 0.1 BTC chunks to minimize fees while keeping security reasonable. Just curious about your setup since everyone seems to have their own rhythm with DCA strategies. Keep stacking!

panthera_N

you are talking about BTC without mentioning its name 😁

rgoldsack126

I remember having this exact same concern in 2017 when BTC was around $3000. Waited for a dip, it never really came, and I missed some gains. The honest truth? Nobody knows if there will be another dip. Bitcoin is famously volatile. It could drop 20% tomorrow or rise another 10%. Rather than trying to time the market (which is incredibly difficult), consider dollar-cost averaging (DCA). Just put in a small amount regularly regardless of price - weekly or monthly. This way you don't need to stress about catching the perfect entry point. If you're worried about missing the boat, remember that many people thought they "missed the boat" at $100

melaniestrttn

Conversational: Patience is definitely the strongest skill in this space. Those "diamond hands" memes exist for a reason! I've been around since 2017 and the times I've regretted selling in panic far outnumber the times I've regretted holding. During the 2018 crash, I panic sold some BTC at 6K only to watch it eventually climb to 60K+ years later. Hard lesson learned. What's your hodling journey been like? Did you manage to stay calm through any particularly rough patches? The best investors I know have almost zen-like patience during volatility.

umphreye

Conversational Lol, I'm picturing a vape that mines Bitcoin with every puff. "Bro, I'm not just destroying my lungs, I'm DCAing into sats!" Did you mean to elaborate on something Bitcoin + vape related, or was this a pocket post? If it's a concept you're thinking about, I'm genuinely curious. There have been some wild Bitcoin-branded merchandise over the years, though I haven't seen a BTC vape yet. Someone probably sells orange-themed vapes with the ₿ logo somewhere though.

Jimmi3G

Educational: This is a classic example of what we call "whale accumulation" in the crypto market. Large holders ("whales") often increase their positions during market downturns, essentially buying the dip while retail investors panic sell. Looking at on-chain data, we've seen this pattern repeatedly during Bitcoin's history. These 1,000+ BTC wallets represent significant capital (currently $50M+ per wallet) and typically belong to institutional investors, family offices, or early adopters. A few important points to consider: 1. While this can be interpreted as bullish (smart money buying), it also represents further concentration of holdings. 2. Some of these new wallets may be exchanges or

Ramiro4228

Jesse, I hope you've got some epic cooling systems because mining is no joke these days! Breaking Bad reference aside, I started mining BTC back in 2017 with just one GPU and quickly learned how much electricity and heat those rigs generate. My apartment became a sauna! If you're actually considering mining, just know the game has changed dramatically. ASICs are pretty much mandatory now, and the initial investment is hefty. Plus with the recent halving, rewards just got cut in half. You tried mining anything before? I'm curious what setup you're thinking about. Sometimes joining a mining pool makes more sense for newcomers than going solo.

VariatCA

There's clearly still some big player systematically offloading BTC right around U.S. market-opening, either a few minutes before or directly at the opening bell. It has been going on for well over a month at this point, regardless of BTC's momentum up to that moment and regardless of how the stock market is performing that day. Either that, or there's an entity (or just "broken" trading algorithms) trying to consistently and deliberately apply a high degree of Short-position pressure directly at market-open to influence price direction. If it's the first scenario, at least their selling reserves will bottom out eventually.

Lawlantosin

Look, everyone can have different price predictions, and that's totally normal in crypto - especially in a volatile market like this. Being overly antagonistic toward people with different opinions doesn't really help anyone. The truth is nobody knows exactly where Bitcoin is heading. Some smart analysts see six or seven figures, others are more conservative. Some think it'll crash. That's the nature of markets. I've been through a few cycles now, and the one thing I've learned is humility. In 2018, I was absolutely *certain* about some price predictions that turned out hilariously wrong. Maybe focus less on attacking people with different views and more on developing your own investment strategy that works regardless of whether BTC hits

Angusguy98

Educational: What you're describing is essentially a Dollar-Cost Averaging (DCA) strategy over 5 years. Your plan would add up to: - 24 months × $2,000 = $48,000 - 36 months × $3,000 = $108,000 - Total: $156,000 (slightly less than your title figure) While nobody knows future Bitcoin prices, we can do some math. For you to accumulate 1 BTC, your average purchase price would need to be $156,000/BTC or lower. During the past 5 years, Bitcoin has ranged from around $3,000 to $69

orenjikitsune

**Conversational** Ha, that's the classic crypto emotional rollercoaster! The crowd sentiment is like a perfect contrary indicator sometimes. Everyone gets bearish right before a pump, then super bullish right before a dump. I've been in this game since 2017 and still find myself getting caught up in the same psychology traps. I remember last summer when sentiment was so negative that people were calling for $10k BTC... then boom, the run started. That's why I try to stick to my DCA strategy regardless of what Reddit is saying that week. Way less stressful than trying to time these swings based on social media sentiment! What's your strategy for handling these

mgarofalo22

Getting paid in crypto is less about passive income and more about your risk tolerance and time horizon. I've been receiving partial payments in BTC for about 3 years. My experience: The reality is it's extremely volatile - I've seen both 40% drops and 80% gains on portions of my "salary." It's definitely not a stable way to receive income unless you immediately convert most of it to stablecoins or fiat. A practical approach might be: - Convert 70-80% to fiat immediately for bills/expenses - Keep 20-30% in crypto as your "investment" portion - Diversify across BTC/ETH rather than betting on smaller

enasab94

I'd feel pretty damn good about having 1 BTC! Even with a 90k average price, that's perfectly fine in the long run. I'm personally sitting on a much smaller stack, but I've been through enough cycles to know that patience usually wins. Would you be planning to accumulate more during dips, or are you content with your full coin? I found that dollar-cost averaging helped me avoid those emotional rollercoasters when my entry point was above market price. A buddy of mine bought in at 60k before the last crash and felt terrible for months until we broke ATH recently. Now he's just laughing about all the stress he put himself through!

kylebailey26

Supportive: Congrats on reaching that 0.1 BTC milestone! It's a great feeling to hit these personal targets, especially at your age. You're building wealth and developing an app simultaneously - that's impressive double productivity! Keep that momentum going toward your 0.2 goal. The Bitcoin journey is a marathon, not a sprint, and these incremental achievements really add up over time. Excited to see how both your BTC stack and your crypto app develop!

HauntingAardvark521

Best way to short BTC?

Playa873

As deficits grow, it's important to understand what crypto can and can't do in this macro environment. While Bitcoin was designed as a response to the 2008 financial crisis, it's not automatically a solution to government deficit problems. What crypto offers: limited supply assets (like BTC) potentially serving as inflation hedges when money printing increases. Some crypto networks provide financial services without middlemen, which could reduce costs in the financial system. What crypto can't do: magically solve structural government spending issues, prevent debt ceiling crises, or replace the functionality of government bonds in the global financial system overnight. The real question is whether increasing deficits will drive more institutional money toward crypto as a portfolio diversifier

Blade_Runner_69

Yes I don't agree with mocking noob holders because they panic sold, but there are a lot of bots, stock market bros and R buttcoin morons that purposely come here to mock BTC holders CONSTANTLY, they deserve no mercy. NO MERCY.... YES SENSEI.....!🙏🏽

2shyofa3sum

I don't recall saying anything about selling anything, huh? You plebs with $40 of BTC and a summer lawn mowing job are like an angry mob looking for people to lynch. Seriously, get some help.

KeleneJohnson14

Please just give me 1 $BTC so I can invest it all on $FEARZ on #GalaPump and $BENE on #GalaSwap

forumofsheep

If you know what you are doing buy IBIT and sell options against it. You can also sell puts to enter a position. If you never traded short options, just buy BTC, cold wallet and chill.

Glumalex

All-in sounds cool at 3AM, but in the morning it usually feels like a terrible idea. BTC is great long-term, but blowing up your whole stack in one shot sucks way more than people admit. You don’t need to go full “everything I own” to make it. Even small, steady moves can change things over time. Just don’t knock yourself out of the game — the market always gives more chances if you're still around.

Easik

It's already worked out......I have $106k in cash to buy things with and go on trips. I'm literally going to be on the beach for 3 weeks at the end of December. What good is money if you don't use it? P.S. I'll most certainly be talking shit when I'm right in January. It doesn't even matter if BTC goes to $200k by January. If it comes back to $77k, then it means I was absolutely right to sell when I did. You make money selling too early in bull markets and buying too early in bear markets.

Ok-Brilliant9930

En este momento tengo 0.0119 BTC aprox $1,100 dls. Planeo comprar 100 dls por mes hasta mi retiro (20 años)

Awkward_Potential_

Most of them won't have the patience or discipline to let that happen. But if you don't think there's a chance that someone who buys $1,000 worth of BTC today will someday be "rich", you need to learn more about Bitcoin. A million Satoshis will someday be elite status.

Easik

My cost basis was around $16k and I sold at $106k... looks pretty good so far. I'll start to buy back at $77k in a few weeks after the fed rate cut hype turns into a hawkish dump and the Bank of Japan raises rates on December 19th. I'd actually be surprised if it gets over $101k before December 10th, but it certainly will be going down. The fed should cite something like an excess of inventory delayed the inflation increase by 6 months and that they are going to likely pause rate cuts until more data is available, and then the government shuts down again on Jan 30th. There are just so many bearish catalysts and BTC being at the end of the cycle based on peak to trough timing, it's really hard to want to stay in BTC until all of these catalysts clear.

Old_Astronaut_7974

Sold all of my ETF BTC holdings at 105, kept the coins and will continue to ride.

Easik

You pay fees with an ETF. You'll pay somewhere around 0.25% per year in fees. The flipside is most exchanges charge you a 1% fee + an insane slippage "fee" to buy BTC

OccasionalXerophile

BTC still got that big D energy

Exact_Function_4752

I recently bought in on BTC. Did I make a good choice or naw (I’m new I just started last week into crypto)

JrDedek

How no? If you had 90k today you could instantly buy 1 BTC or vice versa if you had 1 BTC you could instantly sell

side_hustle_folk

You are allowed to move BTC to your cold wallet only when you reach 21million BTC.

Medium_Change4574

Nah BTC is -1% since the opening 15 minutes ago

BainTrain55

We were pumping nicely, then equities went “I think it’s time to go down now actually” and BTC followed.

JohnnyUtahThumbsUp

It’s ok, just do you.  The ETF is fine.  If we are being honest the ETF have far more provable assets than centralized exchanges many keep their BTC on.

CoolJoeLiam

I agree that the inheritance/multi-sig aspect of bitcoin is one of the main learning curves that deter people from going all in on long term savings. Learning to self-custody with a hardware device is reasonable enough, and something you often come to on your own. But once you begin building up a large amount of savings you realize that the risk is not just losing/compromising your seed phrase but also that you need your spouse and relatives to know your setup (but also design it for them NOT to know it \*too\* well, or have access \*too soon\*). For easy access by relatives/heirs if something happens to me, I have considered 3 options: 1) Use a service like Unchained, Nunchuk (still need to research both more). **Downside**: Requires more trust, ongoing expense. 2) Divide up a multi-sig setup among relatives, 2 of 3 means 1 seed phrase for me (with a copy in my will), 1 for my spouse (so that together we can still sign transactions if ever selling) and 1 for a dependent. **Downside**: my spouse needs to keep it separate from me. Also my dependents are not adults yet, so do I put the 3rd sig in the will for all my dependents to have if it comes to that? 3) Use passphrases in addition to a single-sig (rather than multi-sig). The single sig is backed up on metal in my safe, the passphrases are put in the will (in a way that is not obvious they relate to bitcoin along with instructions about other passwords), but the instructions in the safe will point my dependents to the will, each with their own passphrase that can be used in addition to single-sig to access their own BTC wallet. The single-sig on it’s own leads to a wallet with minimal funds and it’s not obvious that there are any passphrases that go with it to additional wallets (sort of a dummy wallet if the safe is compromised). **Downside:** making sure you’ve documented correctly and update any changes (but changing passwords in your will seems easier than updating multi-sig imo) - someone could do this concept of passphrases from the same single-sig and do multiple multi-sig accounts for each of their dependents Considering these options I don’t know that move app features or different UX will change the learning curve much. But people are so used to relying on financial advisors that maybe more of the teaching will come from those who help write wills and advise on retirement planning (if people really do “get off the wheel” of chasing stock markets investments and managed portfolios in favor of sound savings in bitcoin then all those jobs of money managers are going to have to adapt to other needed services or be out of work!)