Reddit Posts
Mentions
They're in Canada so it's 55k CAD. But yeah, new car prices have gotten crazy. Average new in the US is at 50k now, from 38k in 2019.
If you keep the bet terms a bit nebulous you can price BTC in CAD and it is well over 100k. Otherwise, not worth the risk.
I propose that BTC is backed by energy, and would go a far as to say indirectly a store of energy. If you can see that it takes energy to make the BTC, and that you basically digitized that value (the cost to make that energy) then you should be able to see that having that ability to spend/borrow against exist. I hold multiple currencies, let's say USD, CAD, EURO .... is holding BTC in some amount not prudent? What backs the USD short of the Petro Dollar and the military might (which by the way needs dollars to exist)? Supply and demand is true for all asset categories. Maybe the demand for BTC is low at the moment, To each their own, and as someone mentioned everyone gets BTC at the price they deserve. When BTC was 30$ CAD, so lets say about $20 USD a coin, I only convince 5 people to buy one.
On crypto.com? I DID NOT! Thank Godddd, I’ve deposited a $20 only OFC to test “the waters”. Lost 20$CAD in about a month or whatever!
I started doing this January 1st (because of this guy as he or someone reposts it frequently) so I'm at \~0.0918 BTC bought for about $10k CAD. Even though I've been in this space since 2017, I now finally understand why people "*feign"* happiness when it dips -- they're not lying but rather actually legitimately excited at the chance of getting sats for cheaper. I'm buying every day no matter what, so it's nice to see when those orders return 25k (recently) sats instead of 17k sats (October 6th). As long as the longterm thesis doesn't change, it's literally just getting them on sale. When BTC is $1M in 2035-2040, I'll likely have a full BTC from this alone. The best part is I used to eat out for breakfast and/or lunch and now I just make it myself. Healthier and cheaper -- plus I might be a millionaire in 10-15 years because of it. Take that avocado toast!
The value meal of week used to be $3.99 CAD in Canada not too long ago
That’s CAD. For USD that’s about 84k
There's a reason they're called "EXCHANGES" not "BROKERAGES"... You're exchanging currencies.. bitcoin is no more an investment that the YEN or GPB or CAD
[Per ClearlyPayments (Canada) data: in 2024](https://www.clearlypayments.com/blog/credit-card-fraud-in-canada-latest-2024-statistics-trends-prevention-tips), reported fraud losses across card-fraud, identity fraud, scams etc. reached CAD $638 million in Canada alone. And that is just card fraud. Not just a crypto issue. And MUCH worse in tradfi. Just no one wants to talk about it.
True, bought for ~$9k and sold for $6.8m CAD 😎
Held since 2011, loaded up in 2015 and held till this summer where I sold several million to build a house. Never sold till now, due to various reasons like my salary was very good (now retired) and didn’t need money (saw the CAD/USD collapse) and saw the bigger picture a decade ago (knowing full well we would hit 100k one day).
Man, this is so me. I actually learned about Bitcoin in 2009/10 as a University class project to learn about digital currency. Forgot about it, then bought some in 2015 - cashed it out 2017 - made about I dunno 5-6k. As a broke student that was A LOT of money for me. Was over the moon, then when it crashed in 2018 I bought 3 at like 7-8k CAD - I put ALL my extra money in. 1 in Coinbase 2 in Quadriga (I KNOW) Because of the lower fees, I had all clients pay me in Bitcoin to Quadriga (I was a videographer and filmed a lot of crypto-related stuff for rich crypto owners) I racked up like I dunno 8ish Bitcoins in Quadriga that year. Was super excited to hold. I did freelance videographer work and used the salary from my job to pay for life expenses. As you know, come 2019 I was about to have a baby and figured - let's check how much it's worth now, and well lo and behold the whole Quadriga scam, I lost EVERYTHING except my one Bitcoin in Coinbase. Held a bit, pulled it out when it reached about 20k - I needed the money because COVID wiped out my entire industry and I had to take on debt to pay rent and buy food. That one coin cleared out my debt, and well, I just didn't buy in again. When Bitcoin hit 100k I cried lol legit cried. I'd have been a millionaire. I didn't buy in April 2025 - chickened out. I just bought in for the first time since, and I really hope this time my crypto journey has a happier ending. LOL
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"
I’m currently baiting the universe. I bought $50k Canadian worth when 110,000USD BTC price. Then immediately it started dropping. Good thing I have $10K CAD in my account to DCA. So I’m looking forward to a huge crash. Go ahead fucker, crash I beg you crash all the way down to $40k like people are saying. Then I can by 0.25 BTC. I’m fucking waiting.
BTC CAD is at 128. So not sure where 95 came from
Tell her to just switch the currency setting to CAD to fix it.
Depends. If you’re from Venezuela they’ll be buying it with many different currencies. Vitalik famously “bought” bitcoins with his time early in his career. I personally use CAD and USD.
The secret is setting yourself up to succeed before you pull the pin. 1. Even though I live in Canada, I learned the habits of folks who live in high inflation economies like Venezuela or Turkey. I engineered a weekly income flow from staked yield-bearing USD-backed stablecoins, keep a $5000 liquidity buffer also in yield-earning stablecoins and the rest in BTC. 2. I engineered a lifestyle where I rarely have to convert BTC to CAD. That means a fully paid-off condo, no debt and expenses well within my income 3. I DCA and don’t swing trade. I never panic sell 4. I don’t borrow on my Bitcoin. Those loans usually need to be over-collateralized and I stay away from them 5. I hold my dry powder for real blood in the streets stuff. No sniping at minor 10% price pullbacks. They’re a waste of powder
Depends. In 2020, i had 0 bitcoin, so i bought the chair with CAD. If had both bitcoin and CAD in 2020, i would certainly not use my bitcoin to buy the chair, if i knew what i know today. If instead if all my money was in bitcoin and 0 CAD in 2020, well i have no choice but to buy that chair "with" bitcoin unless i borrowed against my bitcoin to buy the chair somehow. so the answer depends on my allocation.
I offered a choice of tip to a young server at a café in Québec City - CAD or BTC - thinking that maybe he’s into crypto. He went for the CAD. I haven’t had many takers.
Everyone freaking out, but it's still not low. It was 20k CAD at some point just last year iirc....or was that earlier this year? Either way, it is dropping, but I have a feeling this is a dip.
does it feel better in CAD? LOL
Excuse me talking in CAD but, I bought at under 1,000, I felt alot of unease when it tanked from 25,000 to 3,000, and all i did was say fuck it, this is a rando investment for me, keep on buying and see what happens. That is what I will continue to do. Huge tanks is part of owning BTC. You don't get to enjoy otherworldly highs if you don't expect the volatility and risk that comes with it.
BITI, on the TSE exchange ($CAD) [https://www.google.com/finance/quote/BITI:TSE?window=MAX](https://www.google.com/finance/quote/BITI:TSE?window=MAX) See my other comment in this thread regarding dangers. This is even more the case for 2x or 3x levered ones. DYOR first.
I bought in at 45k CAD, so I’m still green by a mile 👍
Capital gains tax is a tax on profits. Profits are GOOD. Have you ever made a profit on your CAD?
I began my journey near the all time highs which sucks. But I've brought my average cost down $6k (CAD) because I've continued to buy, which is cool
I don't see kraken delisting MOONS. It may be a loss leader but it's worth keeping encase it ever GME's. Also 24h volume is 11.2k CAD at the 1% fee rate that's 112 CAD. While not game changing, it's some money
What’s holding you back? Thorwallet for one has a debit card available to Canadians that you can fund with BTC. At worst you can put your spending money in Bitcoin on Shakepay, convert back to CAD when you want to spend and use their debit card. Who cares what the other guy wants to get paid in as long as you don’t have to hold anything other than BTC?
God damn it. I should have had an order in at 500 CAD
Can't we just do it all in CAD for a bit(coin)?
Excuse me, it’s not all furs. Some are grimy and tough. Only premium polar bear and beaver furs get traded up here. Didn’t you know CAD stands for “Colonial Appraised Drapper”?
CAD? i thought y’all barter with furs and syrup 1btc is about 2700 gallons of syrup as i understand
Having been through the drop from around 70k CAD to like 32k...I feel immune to what others might be crying about. If you're reading this, just hold...believe me. And buy if you can.
Literally nothing imo, I don't measure Bitcoin in USD, I measure it in CAD and when I don't do that, I measure it in property/housing. Housing gets cheaper every year with Bitcoin and that was the final straw that has me pull the trigger on investing
This is the one where I made over $960 CAD. My blog talks about it: My Bitcoin Life: https://mkjbitcoin.blogspot.com/
Year to date (Jan 1st vs now) Slightly down vs CAD YTD (1.44 then vs 1.40 now) Clearly down vs EUR YTD (0.96 then vs 0.86 now) Clearly down vs Swiss Franc YTD (0.91 then vs 0.79 now) Slightly down vs Japanese Yuan YTD (157 then vs 154 now) Slightly down vs Chinese Yuan (730 then vs 714 now)
This reminds of 4 years ago. We got up to $70k CAD and dropped to $30k CAD followed by the huge bull run to $120k a couple years later.
Fair point actually. OP is wrong about the date for both USD and CAD. 😂
Weekly mini heart attack looking at (whatever) price in CAD
I have one, it's hope. I know that there's a miraculously tiny chance I'll open Ledger Live one day and have $500,000 CAD sitting there.
I was waiting for 2 weeks for it to get under 150k CAD, finally gave up and got some at 152. Count yourself lucky!
At the minimum, you aren't losing CAD value by keeping that 10k in the bank
Who cares. My money at a bank is also just a token. All I know is when I tranfer money from my Canadian bank to my european bank it takes a couple of days and I easily lose 2%. To my filipino bank it's even worse, a wire transfer eats like 20 CAD on both sides. Send a 100 cad, receive 40. Apple pay, revolute, rupay, it does not work withy my filipino bank. Only gcash and pay maya but they are not supported in Canada. So instead I spend 15 minutes making an e-tranfer to a Canadian crypto exchange, buy some USDC, send it to Binance and exchange it on their P2P market for php, which means filipino people are buying my USDC and then sending their php from their filipino bank account straight to mine. This process takes 15 minutes and the rates are so competitive I sometimes get a CAD/PHP exchange rate ABOVE market. I once gained a 150 CAD on a 4000 CAD transfer. I don't care about the rest. This is the fastest and the cheapest for ME.
In Canadian, but I loaded my wallet up with $30 CAD of BTC in lightning and headed off to the US for a vacation. I stopped at 4 steak and shakes looking for one that accepted Bitcoin but they all told me no. I do appreciate that it’s a global currency
You should research or ask questions before you throw attacks at things you don't understand. A simple Chatgpt question got me this in 5 seconds !! >That post captures a very common mistake: using the retail, consumer-facing crypto rails (Coinbase, Binance, etc.) instead of professional payment or off-ramp infrastructure built for freelancers, startups, or companies handling crypto payments. >They’re doing everything right except the part that actually matters: how they convert. >When you use exchanges like Coinbase/Kraken as an individual: >You pay retail spreads (1–2% hidden in the conversion). >Withdrawal and network fees add another 1–2%. >Bank transfers are slow because of legacy rails (ACH, SWIFT). >You lose optionality, you can’t hold stablecoins and spend them directly. >So yeah, 3–4% friction for moving “digital dollars” is nuts, but avoidable. >Here’s how pros, freelancers, and crypto-native companies actually do it: >1. Use a crypto-native payment processor >Platforms like: >BitPay, Request Finance, BitWage, Onramper, Transak Business, Uphold, Kraken Institutional, or USDC’s Circle Account Let you: >Receive USDC directly (no middleman wallet) >Auto-convert to fiat (USD, EUR, CAD) at interbank rates >Withdraw via Fedwire or SEPA (1 business day, minimal fees) >Typical cost: 0.1–0.3% total, not 4%. >2. Use a regulated fintech with crypto-friendly banking >If you’re in Canada, EU, or the US, look into: >Wert, Monerium, Kraken Bank (coming), Revolut Business, or Mercury + Circle integration These let you hold and send stablecoins like USDC as if they were cash — no conversion until you choose to off-ramp. >3. Peer-to-peer but automated (non-sketchy) >There are now P2P aggregators that automate the matching without meeting strangers: >Paxful (for stablecoins), Ramp Network, PayTrie (Canada), or Binance P2P Fees are <1%, instant settlement, and you stay in control of the wallet. > >4. For recurring freelance work >Use BitWage or Request Finance: >Create invoices in USDC or BTC >They handle FX conversion and deposits to your local bank >Transparent fee structure (\~0.5–1%) >Many Web3 companies use Request Finance for exactly this reason. >The Ideal Setup (for freelancers or small businesses) >Wallet: self-custody (e.g., Ledger or Metamask with a safe multi-chain wallet) Payment: Request Finance or BitWage (receive in USDC) Off-ramp: Circle Account or Kraken Pro (convert only when needed, at interbank rates) Bank: fintech that supports crypto cashouts (Mercury, Revolut, PayTrie, etc.) >That combo makes conversion: >Instant (same day) >Cheap (0.2–0.5%) >Non-custodial (you control funds until the last step)
You realize your posting in the bitcoin sub right? I remember buying at 70K CAD thinking even though the price is high I believe in bitcoin. The price eventually dropped into the 30s Now I wish I would have bought more at those prices. It was the long term holding that did this.
Maybe I got lucky but I got it around 16 dollars (CAD) in June and it went as high as 37 dollars (CAD) 2 months later. Plus if you believe the bull market hasnt really peaked yet it could go a lot higher still this cycle
similar to me, I've been telling everyone friends, family, even work collegues (even did a lunchtime slideshow/presentation) on the fundamentals and made sure I was selling anything but the idea and then for them to go do their homework. My mother-in-law invested in Jan'15 and bought 20 coins ($220 CAD a piece) and still has them today. My wife's friends hold 1-2 bitcoin each. Still have work collegues reach out and say "if only I listened" to you in 2013-2017 A lot of my close male friends are all finance bros (Goldmans/Barclays and Fidelity) they all laughed but I am the one retired at 40 with tens of millions to my name.
hoose an image to share Images（choose one） Save all images  Share Content Canadian investors, this is your chance to make the most of moomoo’s updated welcome offer! Our tiered deposit rewards are straightforward, stackable, and designed to give you a head start: Key Benefits (All in CAD): 🟢 Sign-Up Reward: Get a $2,000 commission-free card (covering commission fees). 🟢 Tiered Deposit Bonus: • Deposit $100 → Earn $50 in rewards • Deposit $2,000 → Earn $150 in rewards • Deposit $5,000 → Earn $300 in rewards (All rewards are stackable and issued after your first qualified trade.) 🟢 Additional Perk: Earn a 6% yield on cash balances for new deposits (up to $10,000 CAD). How to Claim: Step 1: Register with an invitation: Option A: Use this sign-up link (DM me for details). Option B: Enter the invitation code SDEMB8LM in the app during registration. Step 2: Complete your identity verification. Step 3: Deposit a qualifying amount — your rewards will be auto-credited.
I mean, you could say Canada defaultism or Europe defaultism too from the original comment. OP's post seems to be in USD and not CAD or EUR.
So very low chance. Thanks. I was looking at Bisq. Is it possible to use my current wallet in conjunction with Bisq? My current wallet has about $13 CAD in Bitcoin
Post is by: SimplyTulum and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1odeob1/crypto_investment_10k/ New-ish to crypto… I have $10,000 CAD to invest. I’m wondering what would be the best way to divide it- I’m ok with medium-high risk. Any help or suggestions on who to follow etc- would be much appreciated! *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*
I’m small fry, I buy like $100 CAD per month, but it still feels so great to invest in my future. Doing whatever you can is better than doing nothing. Buying $500USD worth would be a big deal for me, if that helps put it into perspective for you.
You can live a decent life in a LCOL area in the US or Canada with £14K (19K USD or 26K CAD), especially as a couple (both making that much). Enough to pay for rent or even a mortgage on a $200K house/appartment, as well as food and public transport and/or an ebike. No lavish lifestyle or kids of course, but you'll have a peaceful life.
Love the vision, those were just my thoughts since you asked for them! Btw the link in your post is broken, but I found the product page on your site. Price is extremely reasonable. 30 CAD for the entire set is crazy cheap. Wish you tons of sales.
When I saw BTC hit its recent ATH of almost $175,000 CAD I couldn’t believe my eyes.
Because switching fiat currency has conversion fees, just like at the bank. Why didn't you just keep it as $CAD in your Kraken?
Those look like CAD drawing not a real photo of a product. It's probably a scam. Buy a bitaxe instead.
>I bought 3 BTC for $1000 CAD back in 2015. I wish alts never existed lol If you would have exchanged 5 BTC for Ethereum at its ICO you would now have 10k eth worth 41M vs the 550k of BTC you would have had you held. Alts are not the problem. Making stupid gambling decisions on poopy fart coins are.
So i still can’t send or use my money that was deposited into your app. Your reply was “ Thanks for waiting. Upon reviewing, the difference on the balance seems to be due to the conversion fees. Our system automatically converts your assets to the desired currency (cad to usd or vice versa) and a conversion fee will apply, you have CAD balance but chose to send USD. “ But i wasn’t made aware of the fees, and why does it cost $32 usd to convert $1500 CAD into $1000 USD just to use/send it?
Blew that much FIAT CAD on 0.006296 BTC the other day, crazy.
I bought 3 BTC for $1000 CAD back in 2015. I wish alts never existed lol
Post is by: bbrian017 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1o3zwbf/roi_breakdown_active_bitcoin_production_vs_direct/ Over the past year and a half, I’ve been tracking two parallel crypto strategies: • A Bitcoin-focused yield model generating daily BTC rewards • Direct BTC holding during the same time period My total investment sits around $13,000 CAD, with ~0.0688 BTC earned to date — about $7,715 USD in current value. Factoring in governance token growth, my total portfolio sits near $10,400 USD, representing roughly a +59% ROI since March 2024. During the same window, Bitcoin itself has climbed from $70,000 → $112,000 USD — roughly +60% growth. What’s fascinating is how closely the yield-based model has mirrored Bitcoin’s appreciation while maintaining daily payout liquidity. Curious to hear others’ experiences — have any of you compared BTC-generating models (yield/mining nodes, staking-based) against simple spot holding? Did the consistent compounding outperform the volatility of holding BTC outright? Purely an ROI analysis — not financial advice. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*
The important part of an Emergency fund is to make it self sustaining so that it can rebuild itself when its used. Try this: Over-contribute 20% to your emergency fund and put the overage into BTC. For example: $5000 in CAD, $1000 in BTC. The purpose of the BTC is to replenish the cash if and when you use it Remember a real emergency fund is used rarely (emergencies only) so your BTC component should have time to grow before you need to access it.
NEWTON CANADA CLAIMS ITS OPERATIONAL BUT ITS A LIE. They stole $3000 CAD on a "failed withdrawal to external wallet" support unresponsive for 3 hours. WHERE FUNDS?
Fair enough. I bought after ATH at around 170k CAD. Figured it'll average out with future purchases if we get a bear market
Yes, but look at they're actual reported revenue from LN fees. They were a tiny 5.5k CAD for the full year ending Feb 2025. I wish them well (I'm a shareholder), but the LN is going to have to get far far larger, with orders of magnitude increases in transactions before they'll generate substantial fees from it.
If I do decide to stake $62CAD with 0.001 ETH how would that look like statistically? Sorry dont mind the question.
You need 0.01 ETH to stake on wealthsimple about $62 CAD maybe Vethereum is different. I would contact their support and see if they can make an exemption for you. Tell them you know Jim and would like to stake via their flux capacitor.
Ibit or fbtc. They are both in CAD. If anyone wants referral codes. Shakepay. Bitcoin Well. Wealthsimple. Message me.
I use Wealthsimple. I think I’m getting r worded on the fees though. I bought 1000 dollars CAD and the fees costed me like 18 dollars.
Thank you brodie i actually checked i was getting robbed fr almost buying 1.5-2k above market price everytime, never noticed it for some reason because my currency is set at CAD and i look at the market price in USD on price trackers not on the exchange.
Is bitcoin up, or is the debasement of the US and CAD just that extreme?
I’m in the same boat as you! 500-600K CAD. I plan to go all in with 400k or so on bitcoin. I’m informed and pretty confident personally that I’m making a positive choice.
Here in Canada BTC briefly visited $174.5 K CAD before returning to $171.3 K CAD. Today is DCA day for me. I hate DCAing near ATHs because you know when the price corrects that that money will be underwater for awhile but I did it anyways. That’s when you have to fall back on your investment thesis. Do you believe in BTC’s future ability to outperform in the long run? If yes, then put your money where your mouth is and plough through the discomfort.
I was joking. CAD is unfairly priced relative to USD.
$1.38USD = $1.90 or $1USD =$1.40CAD so $50KCAD = $35kUSD
Thanks for your input, with the Feds making cuts I feel I’m not too late to purchase bitcoin and transfer it. Thinking of purchasing some after the weekend (incase some cash out and the price drops) but here for the long haul (10+years). Total investment in BTC would be 100K CAD before end of 2026 and hold till 2036. Just analysing if I should buy now or wait for it to dip a bit. Time in the market over timing the market.
all the boats are sinking. CAD is just sinking 5%-10% faster.
Oh, CAD, for a moment I thought you were reporting from the future. #NICE
That fact is what tipped my decision to take the plunge and buy a couple of years ago. Writing has been on the wall about CAD deflation imo.
This is so obviously posted in CAD to fuck with bot trading accounts that may not be coded to sniff out headlines in different denominations….
All time high in £ also, CAD, not sure about euro
who the hell values btc in CAD lmfao
Another option you should consider is setting up a secure Bitcoin wallet, establishing your private keys, and saving your luckily forgotten stack for the future. Selling Bitcoin for CAD will be a regretful move in 10 years.
…and on-line mini-courses. Excellent choice. Also: 1. Bitcoin Well (Lightning and on-chain, save directly to your wallet) 2. Shakepay: Easy gamified intro to BTC. Buy, sell, swap to CAD/USD on the fly. Virtual VISA card you can hold in an Apple or Google wallet. Shake your phone for free sats!
If you’re a Canadian try Shakepay. Send the BTC to Shakepay then sell it for CAD. Either send the CAD to your bank or spend it using Shakepay’s virtual VISA card
Currently it’s around $158,883 CAD.
You should look for a bitcoin yield ETF that generates monthly dividends for you. In Dec/2024 I converted my $85,000 of Larry Berman RRSP ETFs to IBIT and GBTC. In the spring of 2025, when our dollar was down, I converted all of it to the Canadian dollar IBIT because the bank was charging 1.5% to go from CAD to USD. In the summer of 2025 my total was over $200,000 in tax protected bitcoin ETFs. Then I converted them to yield ETFs that pay almost $2,000 a month in dividends into the tax accounts. As I write this they are down over 5%/$10,000+ since I bought, but when the market opens they will start climbing again. The $8.000 that didn't fit in my TFSA I bought bitcoin with. In December I will move about $20,000 from my TFSA to RRSP. This will take $20,000 off my gross income and free up the same $20,000 in my TFSA cap for 2026. In Jan/2026 I can sell my coin and put it in the TFSA as ETFs. My points are to shop around for a good tax free ETF that makes you the most money in your country. Expect your ETFs to be volatile with bitcoin price, but try to HODL them. You may wish to buy coin as well but ETFs are better tax wise.