BTC

Friendly-Direction42

Yes I figured converting eth is way to late now and it does have a higher low pattern so the chart is not that bad. I will keep BTC, ETH and SOL as the risk asset for faster recovery and LINK/BONK will be split in BTC ETH

SimpleMoonFarmer

Out of BTC, any crypto may never reach ATH again. ETH is the most likely IMHO, but it may go to zero (it's possible), and so it may any other crypto, with a greater likelihood. TBH, as an investment, a Blockchain-related ETF looks better than any shitcoin, and it is a matter of opinion if Solana or Polygon are shitcoins. Paradoxically, I see more potential resilience in CEX coins (BNB, CRO,…) than in most shitcoins, just like I see more upside in Coinbase than in Solana, Polygon, Dogecoin,… The tech will stay. Incumbent companies will probably stay. Specific implementations (blockchains) and coins,… time will tell.

Friendly-Direction42

Yeah wasnt a wise play and a gamble touching that stuff even BTC is a bit of a gamble let alone that other shit

sendmeetherplease

These are the same morons who complain about volatility, I love it. Easy to swing trade ETH and BTC. Volatility is a bonus in crypto.

Muted-Pause-1348

I bought the top in January after trump got in. First time investing. I tried to "lower my average". I had multiple opportunities to get out with a small profit. I kept holding for something. I've come full circle. The cycle is obviously a thing, DCA, were likely on the way down further, I haven't even bought any for a while because the wounds still burn and I am sure anytime I feel like "buying a sale" it's likely going to continue down. Hell I was heavy alts and even tried to convince myself BTC wasn't that important, I have since purchased BTC. I'm just getting prepped for some crazy discount, if this AI bubble pops and there's a major liquidity event I will likely purchase more between now and fall. If not just DCA. Then, when the eventual cycle goes on, I'll have bought before the top, and not during. Or I'll lose 20k and flip burgers 🤷🏻‍♂️

Friendly-Direction42

Maybe BTC ETH SOL for now, And LINK and BONK to BTC already. Will definitely go BTC max and stocks from now on

sendmeetherplease

BTC is actually worth 60K usd, you’ll have to try again

BridgeGuy540

All these "buy the dip" people ignore that, if you had bought BTC to hold anytime and the last two years, you either lost money or your investment was flat. That's a pretty poor investment considering the alternatives. The next argument is that BTC is a hedge, but it sure didn't act that way in 2022, and the out performance in 2023 and 2024 were due to factors other than inflation, which will not be repeated.

Illustrious-Art-7748

The dip keeps dipping. BTC is useless 

QuietPsychological72

The real question is where ETH bottoms relative to BTC. If it’s a lower low then ETH is finished. Even if wall street does adopt it like Tom Lee says it won’t ever make you reach. If ETH makes a higher low against BTC then it’s worth buying some.

JohnnyStrides

It also really simplifies things. I've got BTC ETFs in my various investment accounts on top of some in cold storage but mentally it's all just 1. Less things to follow and less clutter keeps things more focussed.

Kitchen_Net_GME

I’m making a post about this. BTC is becoming far less volatile. From 2019 to 2022 BTC went up 1,866%. Then went down 74% from 2022 to 2023. In our most recent run up, BTC ‘only’ went up 638%. It is a mistake thinking we will see the same percent decline has last time, as went didn’t swing nearly as much going up.

PassionGlobal

I'm buying more. Both BTC and stakeable tokens.

ubermensch1001

I think it's a decent alt to continue to hold but I think there is a case to be made where you could also convert that into BTC. At best, I think ETH could outperform BTC by maybe a 2.5x from here, which really isn't all that substantial in my opinion. Considering you have positions in LINK and SOL, if you wanted to do this I think it would be a good idea. Those have substantially lower market caps and could potentially make huge returns from here, compared to both ETH and BTC. However, considering you have a smaller portfolio I could see just continuing to hold the ETH. I would also say just increase your income and invest that into your BTC stack, based on what you've mentioned this would be super easy. Go pick up a couple shifts delivering pizza on the weekend, super easy money.

NorthernStar108

Damn bro! I’m sorry to hear/know. Guaranteed other people with similar stories. Wonder how much BTC is lost, out of circulation.

Wildwildworld123

If he had $123k to buy a full BTC im not so worried about him. With money like that im sure he could buy another 2 at 61k, 7 months later

Wildwildworld123

dude come on. Just buy. I highly highly doubt we see 38k. Could we? yeah i guess. The loud peanut gallery say we should bottom out in October. I think the chances of that is slightly above 50%, but who really knows and know one on the planet knows the actual number. Buy a good chunk right now and DCA weekly til the end of the year. I just recently bought $5500 worth at an average price of 68k. Should i have waited literally 36 more hours and got it at $62K? I mean that would have been nice but hindsight is 20/20. I'll never be upset for buying BTC under 70K this year.

ubermensch1001

We are currently sitting around the 200 week moving average. This would be the equivalent of BTC at 20k back in 2022 and thinking if you should hold off because it could drop to 10k.

ShittingOutPosts

Same for me, man. I held about 10 alts before eventually converting them all to BTC. It was the best financial decision I’ve ever made.

Ill_Cable4907

Because I know what I own, So there's nothing to worry about.and while I will sell BTC, I definitely won't sell it at a low price

lechiffre-wells

meh there's no guarantee's in life. you do your due diligence and see if it makes sense. if it doesnt, no trade. I made a nice chunk of money with crypto but I don.t mess with it anymore, biut I understand why people buy and hold BTC.

Known-Application106

You're thinking about this backwards. Bitcoin isn't trying to compete with fiat as a daily medium of exchange right now — it's a savings technology first. The whole point is that your purchasing power goes UP over time instead of getting inflated away. People don't hold dollars because they want to spend them less, they hold them because they have no better option. With BTC, the incentive to hold IS the feature, not a bug. Lightning handles the spending side when you need it.

Local_Math_5512

Seriously. At 40k per BTC. Sell the home. Your car. Your kidney's. Rob a bank and load up the truck.

Local_Math_5512

The average production cost for BTC is $70K though some larger miners are able to avg around $45K. Just saying that there is a supply side component to all of this. Below $50k and it becomes unprofitable for most miners to continue unlocking new BTC. I'm not saying that it won't happen because no one knows, but a drop below 50K seems unlikely.

blaziken8x

I think those alts will probably move with BTC. So if you keep holding them or if you move them into BTC, in my opinion, when BTC recovers, in both situations the fiat value of your coins will be about the same. You've made a decision that you were probably confident in at the time, but now, with the prices dropping you're getting scared. It's usually not the most rational decision to change your mind at this point. I hold a similar assortment of alts, with a similar percentage of BTC, except I sold everything a few times, like 2 weeks into bullruns and bought back later during dips, so I'm still in a decent profit. Pretty much any time within like last year, had I sold all my alts for BTC, it would have always gotten me about the same amount of BTC, no matter the price of the alts and BTC. (I just now checked again, and my alts can actually buy me slightly more BTC, than they could have 1 year ago, but that's probably only thanks to the last stellar lumen price jump)

JusttAnAverageGuyy

If BTC goes to zero I work for another year, if BTC hits 1M I save myself 9 years of work plus my year back so yeah kinda a no brainer tbh

OpinionsRdumb

You are basing your entire theory on “vibes”. AI has been around for multiple years. Please show me the actual evidence of this happening. Is it BTC going from $110k to $60k over the course of many months and likely due to many complicated factors beyond just “crypto is dying because AI”..? If that is the case your hunch is just a hunch and completely baseless. The current crypto market cap is above $2T fucking dollars today. $2T. You cannot and should not say crypto is dead without some very serious forms of evidence that can prove why this massive market cap is actually not what it seems to be.

scam____likely

100% BTC holder here—not gonna lie—I kinda like the whole “surrounded by sluts” idea.😎👍

IAmSomewhatDamaged

I get it. I guess I didn’t think about the fact that it’s literally retirement money you’re talking about, so it’s not like it would be easy to cash a bunch out, then move it to an exchange to buy BTC without incurring penalties. You’ll be alright. I would suggest buying ACTUAL Bitcoin on the side as well, but to each his own.. 🤷‍♂️

iownreddit0690

Bought 400 BTC back late 2010 or 2011 don't really remember exactly. Was sitting at my desk reading random articles and came across one about bitcoin, so I done a little research and bought some, was stored then on hard drive or whatever (not a computer person). Computer crashed and took it to the geek squad to salvage and transfer what they could to new computer. Brought the new and old computer back to the store (I owned a furniture store) set the new one up, put the old one in the warehouse. After a couple years finally threw out the old computer and sold business, moved 3 states away and one day I heard a lot of talk about btc going way up and started looking into it again and remembered that I probably through out millions or left it on the new computer. Either way I don't have the key phrase or the computer

ubermensch1001

LOL I technically didn't round trip 2018, as I didn't get in until late spring/early summer of that year. BTC is the only thing I'm still holding from before the 2021 bull market.

Active-Rope9301

Obviously if you compare it to the traditional definition, that’s more for companies like Apple, Microsoft, etc. I don’t mean any crypto stock is an actual equivalent to traditional blue chips. I mean they’re blue chips by crypto standards. The asset class is insanely risky and frequently fraudulent. BTC/ETH/SOL/HYPE are risky, but not fraudulent and they have real world uses.

IAmSomewhatDamaged

Damn bro. I invest a little into IBIT and FBTC, but if you’re going to buy THAT much, why not put most of that money directly into buying BTC?!

Immediate_Effect_895

Surprisingly BTC is the only thing I don’t panic about. Unless I don’t have enough fiat to purchase AT THIS PRICE GOD DAMN IT

Vergilkilla

Imo dont go into any crypto it’s all a scam. One thing with stocks is there are leaders of these companies who are vested in the success of the company. Their ass is on the line if the company fails. In crypto somebody starts a new technology, gets rich, sits on their ass doing absolutely nothing with their wealth, it tanks, they go “whoops” and enjoy their pile of money. Even BTC isn’t deviating from this pattern - only reason it holds value like it does is because it was the first. They are all rug pulls, it’s just about the velocity that they pull the rug. There’s no motive to actually succeed like for a company 

Vetrol_

I'm a trader that wants to gain value, not neccessarily money/fiat. Btc is simply an easy way to do this if you understand demand/supply and charts (downvote me idc) I simply measure it in fiat to determine value of product/assets. Of course a part of my BTC holdings will be long term. Right now I'm selling old pokemon boxes from 10 years ago to buy more btc because pokemon peaked and btc is in a bear market

eyeoft

What? What does mining have to do with anything? BTC is work-elastic and energy-elastic, it doesn't care what the mining rate is. Saylor could dump a bunch, causing the market to.... buy it. Tick tock next block. Selling will not lower your cost average. Buying will.

OfferLazy9141

I'm not saying you're wrong. I'm saying you're trying to make sense of the world in your own head, and current trending topics are influencing your beliefs. Everything you said is speculation, and it's heavily influenced by whatever the media is focused on today, All I'm saying is that you claim "it's different this time," but your opinion will likely change when the narrative changes. Trump signs a Bitcoin executive order, Meta starts holding BTC on its balance sheet, or any one of hundreds of other things could happen, and suddenly the arguments will shift. A year from now, you may be taking the exact opposite position based on a completely different set of headlines.

interstellar_nips

No because I am trying to sell to the 1 BTC believers for 200k

Objective-Choice6518

It's rather think that 1 BTC = $120k in october 2026, then I sell It and can buy 2 BTC now

GreenBullOne87

Just DCA whenever you can. The first time I bought BTC it was at $600. I used it to buy drugs off the dark web (that was in 2015 and I’ve grown up and got away from that life), ended up going to prison with 6 BTC and I now have no clue where they are or how to find them. (Im not interested in some person claiming they can find it for me so don’t even try that crap) A real kick in the dick. But I bought again at $107k and have managed to get my average cost down to $69k with nearly .5 BTC. If we keep going down I will have a full coin by the time the bear market is over. I don’t care what it takes.

jc3737

I think the hype is over and that BTC is just going to tail off forever. Never re hit the highs. Investors have moved in to AI. BTC was also driven by meme coins and meme stocks which are also done.

interstellar_nips

Cool. I saw some people saying 1 BTC = 1 BTC though, so I would love to trade my BTC for 200k of their irrelevant fiat.

Commercial-Ad-2448

This is the evolution of crypto imo. Realize that unless you’re a developer for an alt it’s a huge gamble, but if you just buy BTC you’ll be right at some point.

tadeup

Quick guide to alt coins: Is it BTC? > If no: it's an alt

Objective-Choice6518

If you didn't study the cycles and didn't sold at 120k, then 1 BTC = 0.5 BTC for you

Daisyjones01

I've owned BTC for about 10 years. I sold a small portion when it was around 60K, and a large portion when it was 120K. Now I only have a few left and I don't really care anymore

Temporary_Lie_7164

It’s very likely that BTC just goes cold and stays at like 20k for a long time. But typically when people post negative sentiment news it’s when u should buy.

kenkendenzel

Bitcoin is capped and the minting is issuance which technically is the best stable for store of value. However, when priced against a moving ruler like USD, it is volatile. It's volatile because majority of the buyer of BTC doesn't understand the "store of value" benefit of BTC, so as long as they are pricing BTC in fiat they will always be in fear of losing their fiat, thus they will repeatedly buy/sell speculating BTC. If one understand what BTC is suppose to be, then regardless of whatever BTC's fiat value you'll realize its always best to hold/buy BTC no matter what. Yes, one could argue buy at a lower price, but that's if you measure it in USD, in my eyes I just want to store whatever I have in BTC. If I get my pay check this instance, I pay my bills and the rest gets converted into BTC. Because in the long run the fiat ruler will always expand. Some people are willing to save for something they want. Some people want to buy what they want immediately, and those who has the urge to spend immediately would you usually justify by saying "I'll buy my house now because later it might get expensive". It's only expensive because they are more fiat being printed.

Outside-in-2211

Strategy will not fail unless BTC craters completely and Saylor has always stated this. “This thing is going to a million or zero”. There it is. He said this. He can sell a few holdings to service debt that he used to buy it. This can go on for a long time, unless BTC goes to zero. Then we are all screwed. Not sure why the hating on him seems to be at an all time high. I can argue that he has single handedly done more to help all BTC holders than anyone other than Satoshi. He buys high and that helps sustain the buying. He has bought at mid range and this has softened the fall. He has bought low and this is just smart. He’s applying his energy to the narrative the entire cycle. Not just fleecing retail the way the class of whales above him do. In that sense he is the people’s money. The class above him wants him to fail. This way they get attractive position prices. This is the game. How can the ruling class control this thing. That answer is to create attractive buying opportunities and buy as much as possible. That’s also the reason for the cycles. Just buy now in the 50’s and everything will work out…again.

Gurnika

You buy within ranges that you set beforehand and can adjust according to how rapid and big a correction is. DCAIng is not complicated. Fine wait, maybe you’ll get BTC at 40k; (so will I by the way, just not my whole stack at that price) but what if it drops further again? Your logic falls apart. If you can pick the top and bottom of this market and are just waiting while the rest of us flounder about let the rest of us know your secret mate. You’d be the first human being in financial history rather than just a fellow donkey. This is why they say that both bulls and bears make money but that pigs get slaughtered. It has nothing to do with either rocket science nor the theological BS you characterise it as. It’s about removing emotion from your buying and selling to build wealth over time. Eeeaww

shadowlid

If anyone thinks BTC is going anywhere you are crazy as hell these are just BoT posts to spread fear and try to get the regular joe to sell while all the fat cats sold, will buy the Space X IPO dump and and return into BTC at a discount win win win for them. Anyone having any trust in the USD or the stock market is a fool.

DrEtatstician

BTC can easily go to 40 k and stay there for 4-5 years and then in 1 year it might hit 300 k

rocket_beer

If you were convinced at 110k, then 55k is perfect to buy more! What if it were reversed and you were convinced at 55k, and you bought 1 BTC. Would you again buy another at 110k?

Embarrassed_Union514

Will BTC drop to $50k?

liviughg

This time it may not work. Strategy has a huge position on BTC and is sitting on billions of losses. When they dump and they must, Bitcoin is going to fall extremely hard, more than some altcoins. I would go for the AI crypto projects

Otherwise-4PM

I don’t use Binance Lite, so I can’t tell, but be careful about commission fees. You’ll see the BTC price displayed in small text in the form of 1 USD or 1 EUR = 0.000000xyz BTC. Tap on it to switch to the format 1 BTC = x so that you can see the actual price. Don’t buy on the first offer. Let it expire a few times, close the process, and come back until you get the best offer. It’s hard to say what the best offer is right now, but on $10k, a fee of around $20 would be a good deal. Especially now, when most people are selling, you can expect better offers. But if or when you try to join the FOMO, you can forget about getting a good deal.

Dilokilo

"Cheap". Lol you bought 10 BTC right mr exit liquidity.

VivaLaRevolucion46

Can someone explain why it’s better to have a “cold wallet” instead of keeping your BTC parked on an exchange? Is there a guide on here somewhere to how to set up the wallet securely and properly? My big fear with doing that is my lack of understanding of the tech and its associated security risks

xrv01

I remembered when I was deep into crypto in the 2021 bull run I made a bunch of lines and markers on my BTC Trading View and extended them for years on out.. somehow it’s exactly right on the price today lol i’m a total layman but I had put a marker for 58-60k as a major threshold. it’ll break that and drop to 50. I can finally buy back in after 5 years on the sidelines

Doritos707

Most of you all have never looked at a chart other than crypto to USD. Start viewing charts such as BTC-Gold or BTC-certain stocks or other cryptos just to grasp how superior BTC has been overall. And with BTC your goal is to accumulate as much as possible since an upswing of 0.5% can literally mean THOUSANDS of dollars a day

buttonMashr99

Bold move. I like BTC, but I probably would've kept at least a little gold as a hedge.

kallaloostx

I was the same! Except didn't buy a whole BTC, but made a sizeable purchase (for my pockets). I've been DCA since November so my average purchase price is now down to $69k. 110k will be a bargain in the future!

devCheckingIn

The diminishing returns are definitely a real thing, unless somehow BTC can escape its 4-year cycle narrative and find some real foundation. But there's no reason to believe the bear market losses will be diminishing. There are still 1.5m BTC in ETFs right now that people are going to see as "dead weight" if other markets are still ripping. Ironically it would be better for crypto if the other markets cooled off and pulled back for awhile.

GlockenspielVentura

Just being a little bit facetious, but 58k would suggest support at 60k broke down and increase the chances of even more downside. A low typically forms in June, followed by a rally and then an eventual bottom. So if BTC doesn't break down below like 55k by the end of June, the actual bottom will most likely then form in October or November unless there is a major recession or economic meltdown at the end of this year or into early 2027, which would then be the opposite of a super cycle

ctzn2000

Unfortunately the price is dropping largely because the previously promoted use cases for Bitcoin are dwindling and not panning out as expected. It’s not akin to digital gold - actual gold is up 28% from a year ago and performed like it normally does when inflation is high and the dollar devalues, but Bitcoin dropped 43% in the same environment. Currency use is also not panning out. Transaction speed takes 10 mins to an hour, and there are currently only about 2,300 stores that accept Bitcoin in the US compared to 11 - 14 million stores that accept credit cards. Also the volatility prevents it from being a currency. Maybe there is a chance these factors will improve in favor of BTC long term, or maybe I just “don’t understand Bitcoin” but for the time being the asset seems to have lost its mojo.

Wildwildworld123

Honestly? As long as youre fine with not cashing out anything before 2028 i would personally drop about half right now into BTC and then DCA $250 weekly over the next 6 months. Thats just me though. 30 months is a long time and a lot can change in that window. You can always raise or lower the DCA amount depending on how were looking week to week. I dropped a lot into BTC since January and when I hit .25 it cost me around 19k so youre already starting off with a good advantage.

OsChMoScH

>The average BTC bear market is 50% at a loss... 2018: -80% 2021: -75% That would mean below 30k for this time

brkinard

For those doomers that think we are going to 30K....that would put nearly 75-80% of all BTC coins at a loss. Who would continue to invest at that point, espescially given the dinminishing returns. The average BTC bear market is 50% at a loss...which is where we are now. Seems more like a reasonable place to bottom.

Calm_Situation_1131

The rise of BTC to $120k was a fluke due to Strategy buying massive amounts of BTC by abusing index inclusion rules to print shares and force passive index funds to buy them. Now that the rules have changed, this isn't possible anymore. In fact, MSTR might get bumped out of the MSCI global index by EOY, which would cause forced selling of MSTR. Every run up in the past was overvalued based on memes and hype. Considering useful crypto (ETH) has run up from ~$0.50 to $1500 in about a decade, I'd say that's more than appropriately priced.

Louis_Gara

lol why would anyone sell BTC at a loss? You know whether it takes a month or two years, this shit is making a new ATH in the future. Yeah it sucks seeing your port drop 55%, but that’s part of this game. Gotta be patient, and zoom out.

fspodcast

Now is the time guys.... sell everything and put everything you have into BTC right now. All your savings, all your stocks, all your 401k...do it...and reap the rewards of a lifetime. -Saylor

Theverybestestintown

I already own a lot of AI stocks. Just buying more as it dips. Will sell in the near future and reinvest in BTC.

NerdsOfSteel74

I sold. I just got into Bitcoin a few weeks ago, and bought in at $125K (Canadian). Now that it’s around $86K (Canadian again), and dropping, I don’t see why I should let it drag me down with it. I have two options: I can either hold and watch my asset drop in value, or sell now, absorb the loss but have my cash keep its value, and then buy it again when the drop ends. Unless I’m doing the math wrong, the second option is definitely the better one. Either way, I’m taking a loss, but with the second choice, at the end of the drop, I’ll be able to buy a lot more BTC for the same amount of cash. It’s not panic selling, it’s more like hopping off the bus at the top of the hill, and getting back on at the bottom.

bigbowl_of_KIX

I’m an ADA $0.03-0.12 boy… the thought of “should’ve sold at $3” hits me occasionally but I don’t give a shit. Meaning I don’t give a shit about the price being shit for so damn long. I only invest in what I believe in and that should be the case for everyone. “[insert TICKER symbol here] but but but price is blah blah blah I haven’t made money blah blah blah…. “ I’m 95% BTC and 5% NIGHT every paycheck. No one should comment on my post because this is ME/MY SHIT. I don’t care about your Solana positions…forever a Cardano guy

teh_herper

What happened to BTC 100k by EOY? lol

Dr_Jecky1l

Because we have seen massive price fluctuations before… and every time it dips, even like this (for those who haven’t been in previous cycles), it always is looked back in hindsight as a great buying opportunity. “Oh, I wish I was I came into crypto/bought more when BTC was at that price”

MulderXfil

Yo tuve que reducir el portafolio para evitar la destrucción........ Cambie a bitcoin... Pero tuve que asumir algunos cambios... Vendí mis TRon y hace un tiempo me deshice de solana..... También Vendí unos pocos XRP para recomprar más abajo..... O cambiar casi todo a BTC...... Decidire en los próximos meses.. Pero quizá busque menos volatilidad en los metales .... Se mueven en un rango más pequeño y evitas grandes pérdidas.. ..

Pixels_Or_Thoughts

You can tell BTC is at the 200w SMA by these posts. Time to dca!

Suspicious-Skill1934

If you think bying billions of worth BTC is not leveraged what is it? also we know that he will sell because it's not only up to him

HorsedickGoldstein

I’ll send you my BTC address I’m only asking for 69 coins

Suspicious-Skill1934

Strategy model rely on BTC rising but if BTC starts to stay below his profit price, he will sell BTC at loss, then the model could collapse quickly

MadSL1m

the AI-eating-liquidity thing is more vibe than receipt. the real drivers this week are mechanical: spot BTC ETFs just had their biggest outflow week since launch (\~$3.4B), Strategy made its first BTC sale since 2022 to cover preferred dividends, and Treasury yields backed up. add the long liquidations after BTC lost $73K and you get the slide to \~$60K. tech pumping while BTC drops isn't decoupling, it's just where the marginal flow went.

shadowlid

I keep buying this dip won't last for long, I'll be averaging down the entire time. A lot of hedge funds etc. have probably dumped to get ready for the Space X IPO. After it's out BTC will pop back up.

jb_in_jpn

Oh look folks - I quite literally found one of those scammers I was talking about. BTC was never meant to be a speculative asset - it was a digital currency to avoid being tethered to the financial system and all its corruptive mechanics.

aeklund68

AI is taking all the liquidity. Stocks, even inflated ones, are easier for the vast majority of the world to understand. Even when BTC was at $126K, the numbers of people actually playing along was quite small. Which should make you bullish.

Far-Tension2696

well, reaching a new Ethereum ATH is going to be a painful birth, if you're willing to hodl that long go for it. i was holding Eth from 500 to 4000 and went through 2 bear markets. went out with a big plus, but looking back, when i just hodled BTC instead  i would now sitting at a beach with cocktails and sluts.

MasterDefibrillator

Have you looked at the stock market recently? BTC just dipped first, then the rest followed. Its largely in response to the kick off again of hostilities with Iran, IMO. 

Real-Technician831

The thing that it hasn’t so far. Numbers wise BTC has very little to show since 2020, investors would be fools not to notice that.

positronius

The buttcoiner posting their "I told you so" take in the Bictoin and BTC subs, is the natures equivalent of swallow migrations signaling spring. The frequency of these posts are the best indicators that the price is reaching an absolute bottom, better than any rainbow chart.

skeptic246

As with any investment hold and don’t sell at the bottom, don’t enter when it’s ranging, wait for the upwards momentum to resume. I sold a lot of my BTC when it was a lot higher and ranging because there were other assets with better return potential.

JohnnyStrides

I’d agree if they were selling BTC, but alts are a different story. We never got a real alt-season after the last BTC ATH, and at this point I think the whole concept is mostly dead. Sure, alts will bounce with BTC, but even ETH and XRP have spent a lot of time looking more like legacy baggage than "blue chips".

JohnnyStrides

I went from 20+ shitcoins 10 years ago with some BTC to BTC/ETH/XRP to somehow BTC/ETH/SOL and now it's BTC/ETH and I've been waiting for the right ratio to swap ETH into BTC but given what a dog ETH is over long periods that ship has probably sailed.

RegeXdE

Your friend is a driver and speed up then start talking to you... "So, I bought BTC at $120k as you suggested..."

interstellar_nips

The same logic that has you avoiding alts should also have you avoiding BTC. Not sure why you’re not seeing this.

JohnnyStrides

Bonds aren’t risk-free, they’re just excitement-free. After inflation and taxes, that ‘double’ return can disappear pretty fast. I'd rather put $ into equities (or BTC/ETH) any day... unless the money is guaranteed to be needed within a few years bonds = giant yawn.

interstellar_nips

You forgot BTC. BTC is also degenerate gambling.

Valuable_Tennis6847

The number of morons "investing" in BTC baffles me every time. We have to, and probably will, go lower. People were recommending going all in at $100K, saying it would reach $250K in 6–12 months.

Good-Book-6912

Because people are selling. The real question should be why does BTC have any value at all? Because it is just a shitty meme token.

SensitiveAd6131

I wouldn’t sell all the BTC in one shot, do 50%, 20% and a moonbag or something like that.