FAR

BicycleOfLife

I used to hold a lot of CRO because they were a good off and on ramp. Their card was really really good. Now Venmo is the best on and off ramp BY FAR. Never need to use CRO ever again. And neither should any of us.

FarBad1864

It’s about $126,360, so he is technically right SO FAR

Sad_Jackfruit4636

Look at it this way, conservatively you should have 2.27M in the bank within 10 years, and maybe even less. That is FAR more than most people in their mid-late 30s have in their retirement accounts at that age - or even any age. Lol If you aren't looking to retire on it anytime soon and plan to continue working, investing elsewhere, and smartly hold it for a while, you will be fine.

Luuigi

So funny to me that people are so excited about eth ath - going by inflation we are FAR from it

allthatyouare

Someone said in another thread, this is the biggest mistake of your life SO FAR. And that gave me so much peace. We mess up or don’t know better — and once we do, we learn.

Knicks-in-7

I made a terrible mistake in keeping my bitcoin on BlockFi, and I don’t even want to get into what happened with them, but they sold my bitcoin at this price then gave me a fraction of what I had on there. That’s my worst mistake, and as someone else in the comments said… SO FAR.

seraph321

If rent is about the same as the mortgage payment, then actually owning the house is FAR more expensive. The mortgage payment is only a part of it, there’s insurance, maintenance, taxes, etc. I would honestly suggest renting a simple modest place, continue to keep your eye on the housing market, but let your investments work for you. Keep your options more open. Personally, I think there’s more freedom and less worry when renting. You can more easily move, your capital can be more diversified, you don’t have debt hanging over you, you don’t have the concern of sudden maintenance issues. I’m 45 and have happily been renting my whole adult life, only recently thinking about buying. If I had bought when I first technically could have in my 20s, I would likely never have moved across the country when I did (it was super easy to do), and I probably never would have moved to Australia either. Everything good about my life in the past 20 years would have been much less likely to happen.

decadearray

Pretty shitty, but in 20 years, the pain of not buying now will be far, FAR worse.

twinchell

Worst mistake in your life SO FAR

BABABOYE5000

What signs? Practically all the signs of wellbeing, healthcare, life expectancy is at all time high, stuff like violent crime, infant mortality, is at all time low. If you consume main stream media they paint a picture that the world is on fire, but historically it's been FAR worse than we have it now, yet the world didn't end.

sportingpool

memecoins, shitcoins. got just about as much or little utility as any other coin. but this potential is neatly hidden behind those monikers there are a number of names/prices that wont fly. all the zero dot zero zero zero nonsense is out: pepe, bonk, penguin, floki. fartcoin and trump are BY FAR the best bets there. name, price and marketcap-upside (1bn/2bn) all check out. and most important thing: they are being dismisssed, laughed at, called out

DMVhelpdesk

You guys act like good debt can’t be used as an instrument to grow wealth. Naturally my gains (FAR!) outweigh my outstanding balance. I maintain plenty in cash to sustain downturns. Been at this for six years. Iron stomach. Welcome the volatility. My encouragement for others is to consider it, but calculatedly and in a manner that is measured for their repayment obligation.

Disastrous_Week3046

Lol, what a shockingly dumb take. Conservative states are BY FAR the poorest and least educated in the entire country. By a very wide margin. Hence why the northeast and California have the wealthiest states.

cudakid210

Are you seriously arguing that all of these posters are all curating their feeds, *except* the pudgy stuff?! It is FAR more likely that the multimillion dollar franchise is engaging in immoral marketing practices, than it is that the 40+ pudgy-boosting accounts all exhibit the same totally random curation behavior.

AlternativeWonder471

It's all a game of shifting money. Debt it issued so that the masses can have instant gratification, and purchase investments, but in return, are bound to work to pay it off. If they get too depressed or struggle too much, governments can give free money away to get people back to work, or increase money supply. Without debt, FAR more people would choose not to work, or not work as much. Not sure if bitcoin is any better because while this sucks for us working 9-5's, the system does work. It's almost a miracle that first world countries are the way they are. You look at what it takes to build a city and keep it functioning smoothly, it's nuts that we pull that off. Having a currency that can't be printed sounds great, but it could actually be a disaster if/when things go south and we don't have tools to fix it.

ApexMM

bitcoin maxis big mad made FAR more off of my eth investments than bitcoin

BallSmashingForever

HAHAHAHAHAHAHAH your assessment is SO FAR off I can't even bring a reply.

Due-Candy-8929

Percentage matters FAR more than price : If you invest $1000 in BTC at $116,584.40 and BTC goes to $150K your profit is $287 or If you invest $1000 In XRP at $3.30 and XRP goes to $5 Your profit is $515 For BTC to match that $515 profit it would have to hit $176.67k

Lazzz3T

Don’t listen to the party poopers. You’re not going to get rich this year or next year with that but putting it to use TODAY gets you ahead of the general population by FAR. That’s all I know. I put money into XRP and a few bucks into meme coins for sh*ts and g*ggles

__Ken_Adams__

Biometric data is treated differently than memorized data, from a legal standpoint. A court can issue a warrant for your voice, fingerprints, etc. They can force you to use your biometric data to unlock your phone and any other protected space locked behind biometric data. They *cannot* issue a warrant for the contents of your mind, like passwords. They *cannot* force you to use your pin, pattern or password to unlock your phone or any other space locked behind a pin, pattern or password. For this reason, from a privacy & protection from governments perspective, passwords are *FAR* superior. And for this reason, people should not be using biometric data to lock/unlock their phones.

Ruzhyo04

Solana is centralized in comparison to Ethereum. Solana is FAR more decentralized than your average company, but that’s not the same thing as being actually decentralized, IE capable of resisting nation-state level coordinated attacks. Solana also has gone down like 10 times in the last 4 years, while Ethereum has 100% uptime for its entire 10 year life span. And Solana while very fast for an L1, is not built to scale as far as Ethereum can with its purpose built L2 infrastructure. If you imagine just 10 million daily users, Solana as-is cannot provide for them. And only a handful of datacenters on earth are built to accommodate that level of bandwidth, so only a select few could run a validator. While Ethereum with L2s and L3s could scale to billions of users in a relatively short time frame, while still being able to be validated from home.

PatMu5tard

People will jump on me for this, but you asked for a suggestion! Keeta $KTA is the best play BY FAR this cycle. L1 backed by ex-Google CEO Eric Schmidt (Who invested $20m into the company). The network has been in production since 2022, but the coin was only released a few months ago. It has been in testnet for the last 2-3 months. Kraken listing goes live on 5th August, Mainnet coming in the next few weeks. OKX listing seems to be coming soon too as they used Keeta as an example to showcase their trading app in a recent video on X, but this is not confirmed yet. Stress test was validated by Chainspect and confirmed 11 million TPS. I was sceptical at first as everyone is of new coins, but it has the potential to be a top 10 coin very quickly after Mainnet release. Only $400m mcap right now. I full ported to Keeta when I researched it. Do a bit a research on it and see what you think.

PatMu5tard

Keeta $KTA is the best play BY FAR this cycle. L1 backed by ex-Google CEO Eric Schmidt (Who invested $20m into the company, not the coin). Kraken listing goes live on 5th August, Mainnet coming in the next few weeks, 11m TPS. Look into it, I was sceptical at first as everyone is of new coins, but it has the potential to be a top 10 coin very quickly after Mainnet release. Only $400m mcap right now

CorOsb33

With all due respect, you gotta take your blinders off. Let me explain. I love BTC. Love it. It has helped do exactly what I mentioned above. So what if I pay taxes forever? I'm with you. I don't think people should have to pay taxes on paid off homes. However, I save a ton of money not having a mortgage. My taxes on my house are $7500/year which comes to $625/month. My mortgage before was $3500/month. I now have a monthly surplus of almost $2900/month. Guess what I do with it? I pour a lot of it into BTC and other investments. So the money now have FAR outweighs what I spend on taxes. BY FAR. On top of that, because I own my property outright, I am able to buy more rentals by leveraging the equity I own on my home. I'm playing with house money. Literally. Think about that. I can purchase property with zero cash because I own my home outright and I can leverage the equity to do it. Did you know you can legally pay $0 taxes on rental properties if you do your taxes right? $0. Say that again. No other assets can do that. Real Estate is a gangster game if you learn how to do it right.

mrjune2040

A boom and bust (deep) recession is FAR more likely to happen if they lower rates too fast. The only guys calling for sharp rate cuts are the simplistic section of crypto bros that want their bags pumped asap.

GoldmezAddams

Yes, for advanced users. A normie who is asking this question is FAR more likely to burn themselves generating their own entropy than they are to get rugged by their wallet manufacturer.

Available_Win5204

You can always tell it's some desperate bitcoin maxi bullshit when they try to slip "bitcoin" into the title that has nothing to do with it specifically. This report doesn't mention Bitcoin once as far as I can tell, and from a quick read it seems FAR more bullish for Ethereum than BTC. Bitcoin is being left behind because DeFi, whether you care about it or not, is where all of the high finance activity will be focused.

Colours-Numbers

i think little of YNH the dissolution of fiat is FAR more impactful than the adoption of CCs, CBDCs, stablecoins whatever

Odd_Science5770

How is this even a question... Anyone with half a brain would stay FAR away from XRP, and other alts, really.

mrjune2040

‘We both know why’- I genuinely don’t dude, and you are BY FAR the weirdest poster I’ve ever experienced in this sub. Whoever hurt you in life, whatever gap you’re trying to fill, this ain’t it. You’re literally so far up your own asshole Roger Ver would be proud.

Fun-Sundae4060

I’m not saying it won’t break, I’m saying it hasn’t broken because everything is lining FAR too well with the cycle lines I’ve already plotted and the data is also lining up way too well. If things aren’t lining up, then I’d be second guessing the cycle this time around. But I have no reason to at this moment.

yellowdart654

Worst financial decision of your life -- SO FAR.

SonOfObed89

Worst financial decision of my life **SO FAR!** FTFY

radiocrime

I used Coinbase for years (been buying since 2018) and never had any problems with them. However, a year ago I switched to Strike because the owner (Jack Mallers) is amazing, smart, fair, and a true advocate for Bitcoin. It’s a Bitcoin only platform (stay away from shitcoins anyway!) and it has far better fees, free transfers )to cold storage for instance) and the spread is FAR better than Coinbase. In a nutshell, congrats on your buy, keep buying and keep learning about Bitcoin. That knowledge will serve you well in a tumultuous market. And check out Strike as an exchange. They are fantastic!

Massive_D-dog

certainly FAR more than you

jetter23

It took them awhile to get correct - but they are the cleanest trading instrument I've ever seen. They respect my model to a T - its insane. FUCK a whole lotta trading the cracked out NQ - the fact BTC is outside the traditional financial system and FAR AWAY from options (which is what drives markets now) - its been life fucking changing.

reddituserxxxxxxx7

Man idk, personally I feel like (PERSONALLY) if you can just hold as long as possible, I mean, until retirement age, for me, 30 years, I think it’s just gonna keep crashing and growing crashing and growing while getting more and more stable. My mindset is put a small amount every week, if in 30 years it’s at 0, big whoop. So every week I skipped Chipotle or eating out once or twice and put it into bitcoin, a fun gamble and I enjoyed the culture and watching things unfold, a crazy time in history. No big deal. Best case scenario, BTC is at $1,000,000 or FAR more. Either way. I’m holding for 30 years idc if it goes to NOTHING. It’s a risk. Yes. If I lose hey it was a fun fucking ride, missed out on a few overpriced eating out moments (don’t care) i.e 50-200$ week. (Yes I know that money can grow in stocks again idc, it’s fun money). If I win, i’m sitting on a lot of dough and proud I didn’t let crashes and waves psyche me out. That’s how I see it.

AbjectFee5982

You do know it can buy FAR OVER 21 MILLION for "liquidity" Using bullet swaps, ETFs and "bulletshares" .. a type of ETF

CasualRedditObserver

Let me put it this way. Air molecules are "randomly" distributed throughout the room you are in. Those air molecules also move "randomly" as they bounce around. There are many, many, many distributions of those molecules that result in there being enough oxygen molecules next to your breathing holes that you can survive. There are FAR less distributions of the exact same quantities of each molecule type that result in all the oxygen molecules being together in one corner of the room such that you suddenly asphyxiate and die. The ONLY reason you can breath is because you haven't randomly encountered one of those highly unlikely "possibilities". In my understanding of the word "possible", it really isn't possible (in human terms) for a person to asphyxiate simply due to an unfortunate random distribution of oxygen molecules in a room that has adequate overall oxygen. Sure, if you use enough zeros in your decimal, you could calculate a non-zero mathematical probability of that asphyxiation, but a reasonable person isn't realistically going to consider that to be a "possibility". As humans, when we say something is "impossible", we rarely (if ever) distinguish between a probability of exactly ZERO and a very, very, very small mathematical probability.

DSCN__034

Have you ever considered selling MSTR call spreads against IBIT? I've owned IBIT since conception and have added more with the dips. It is still a small percentage of my net worth. I've been selling MSTR call spreads for income, making my Bitcoin allocation an income holding (albeit small). The call spreads are FAR OTM and have never been close to being assigned. It turns out the call skew in MSTR is healthy enough to be profitable.

MichaelAischmann

Two thirds of the market are BTC. That alone limits use among the crypto people. Sure my 99% is exaggerated to make the point but I still think there is FAR to much speculation in the market. Utility is secondary at best.

Lazzz3T

Bro where the fuck do u live 6-12 months for a job??! Let me guess, you get Starbucks every morning too!? In all seriousness 100k goes FAR especially if you’re not in north America where expenses are bloated. OP should go to Taiwan or Vietnam or Thailand and live like a king for years on 100k usd

DoontGiveHimTheStick

Lol you think the federal reserve is stealing from citizens? Are you a teenager? We operate an inflation based economy purposely and transparently. Inflation twists the balance sheet, got the world out of debt after ww2 reconstruction, and benefits asset holders, including homeowners and stockholders to a huge degree. Inflation is just another economic tool. Again, the automated limit on bitcoin creation is why its price has surged to over $100k, and if goods were priced in bitcoin then prices would perpetually deflate. This is FAR more complicated than whatever conspiracy you are creating in your mind, and the currency could still easily be controlled, just by the handful of individuals and companies (many foreign) who hold a majority of bitcoin, instead of a democratically elected government and related institutions.

SpontaneousDream

Uhh you do realize Trump admin has been FAR more receptive and open to pretty much all crypto right? Especially BTC. So what if they rug pulled.

PheelGoodInc

This is FAR more scary than bitcoin treasury companies.

TheMoonMoth

> Provable scare just like gold. What a load of shit. Proving the scarcity of gold is nearly impossible. Proving the gold bar you hold in your hand is actually gold is difficult. Verifying your Bitcoin takes 30 seconds. Proving the scarcity takes a bit more (set up node, verify with the consensus) but not much. Bitcoin's utility FAR exceeds golds.

crakked21

I think in general you should buy lumpsum. as it's been [proven](https://nakamotoportfolio.com/static/docs/DCA_Lumpsum.pdf) that it's FAR better than DCA'ing. To explain why, if bitcoin only goes up, and exponentially (as it has been for the past... ever), it's better to put your money early as to not miss any rise. DCA'ing means that you flatten the rise but you might miss it. Now this might mean if bitcoin crashes tomorrow and we enter a multi year bear market, which should happen either early next year or late this year, your money might be down but overall once it's back up and you're in the green, you're good. BUT if you feel like bitcoin might crash and you're nearing a top, it might make sense to DCA, so to "buy the dip" so to speak, and once starts going sideways for a while you can lump sum again before the next bull market. it depends on what you want, you can lump sum, or dca, or both. Why not 25k now and1k a week for the next 25 weeks as the top comment suggests? you can get exposure early, and still have enough to buy dips.

SpontaneousDream

Institutions hold for the very long term. If you're an instution and you believe BTC will eventually be worth $250k, $500k, $1 mil, etc....are you really going to care if your entry is at $100k versus $80k? Probably not. Hell, let's say they had an entry at $50k but decided against it. Now they buy at $100k. If they believe in a $500k BTC by...let's say 2030, that's a 5x gain versus a 10x gain. A big difference, sure, but a 5x in a mere 5 years is still *phenomenal* performance compared to any other asset class or index. Further, hindsight is 20/20. Months ago, no one really knew if BTC was actually going to have the strength to break what is essentially the largest price/psychological resistance in its history ($100K). You could argue that buying BTC here at $100k signifies that BTC is absolutely here to stay, and you could even argue that the risk/reward of buying at $100k is better than the risk/reward of buying back when it first hit $10k (it was FAR riskier back then). Hope this makes sense and refreshing to have a respectful conversation with someone for once on here.

TrickyStickySwirl

This is the dumbest take we hear all the time. So cool you looking for a nice 100x but guess what? You and every other degenerate gambler trying to hit that is FAR more likely to -95% than you are to 100x your money. Go try and report back. I’ll be here slowly getting rich.

SpontaneousDream

Lol no dude. The charts don't indicate otherwise, at all. What charts are you looking at? And I've been around since 2014. This is the weakest cycle for altcoins BY FAR.

kjccarp

It’s not magically easier to use in Asia. In fact - it’s more difficult to use in Thailand for example than the US. There are FAR more bitcoin ATMs in the US than in Bangkok. I can only think of a few.

Classic_Flower_735

There could be a theoretical law that totally works so long as what we believe is true is actually true. Its funny when I learned "electrical theory" it was all about things like "ohms LAW" so which is it? Theory or Law? Here is a "law" that some think should apply to Bitcoin its Metcalfe's LAW and in simple terms, it states that the value of a telecommunications network increases with the square of the number of connected users. This means that adding more users to a network leads to a non-linear increase in its overall value, significantly impacting the network's economic viability and growth. " Is Bitcoin "like" a telecommunications network? It absolutely IS information and IS a "network" and DOES have an adoption rate where as more "users" are "added" it DOES quite apparently lead to a "non linear increase in overall value" ....well IF this truly applies to Bitcoins adoption/value realationship (and my guess is so far so good) then according to fidelity using this "law"? It puts Bitcoin at a staggering ONE BILLION DOLLARS per by 2042 or earlier (if memory serves me) Now this may sound laughable given what the market cap would then be but a market cap is a WAY different thing than the literal amount of wealth ....all it is is a theoretical VALUE of an asset if the current trading VALUE of each unit is all added together....it NEVER means in the case of crypto that the unit value would remain static if a huge sell off takes place DUHH....that would only be the case for whatever fiat "value" is based at which ITSELF means nothing concrete unless that "value" is somehow tied to something else again! Who even can know what the "value" of a US dollar will be by 2042? For example Bitcoin is already at I think 33 million "dollars" each if priced in Zimbwe dollars meaning it only need go 30x to be worth 1 billion "dollars" for a single Bitcoin....its all relative never say never. But one thing seems certain....although more and more of us 8 billion human beings have adopted Bitcoin to become a "user" ? It is still a teensy tiny percentage overall but a percentage that HAS and still IS growing like CRAZY! And there is ONLY 23 million of the buggers? My guess is at some point people will stop buying and thinking of whole Bitcoin units and begin instead to buy and speak of SATOSHIs and THIS I think WILL happen when BTC makes it to one million dollars per btc which could happen very soon! People would love buying Satoshis at one penny each.....Even someone on a real budget might be able to buy 1000 Satoshi every payday! I mean THAT has a lovely ring to it! With a goal of a MILLION Satoshi! That would be $10k assuming btc is 1 million dollars each and THAT has a really nice ring to it and you can see how our minds could start thinking of Bitcoin SATOSHIs as a very cheap asset to buy and then if it went to 2 pennies each? still sounds entirely cheap but anyone with a whole bitcoin would suddenly own something worth TWO million dollars...and then? off to the races AGAIN like Bitcoin originally....yes FAR more "market cap" but perhaps thousand of times more "users"??

cannedshrimp

Centralized/decentralized are terms typically used in reference to consensus (e.g. hashing power in the case of Bitcoin). You are sharing statistics about the distribution of the asset, which is FAR less consequential.

SpontaneousDream

Long time Bitcoiner and shitcoin-shorter here. I have made good money shorting altcoin ratios against BTC. These days I *only* look for coins with proven revenue and baked in buybacks/burns into the protocol. I'm talking buybacks/burns that can *actually* cause HEAVY upwards price pressure. I mean like **actually powerful** bur/buyback mechanics, not the "omg we are on pace to burn 0.5% of supply per year if transactions 10x!!" that many ETH maxis spout. You need FAR stronger burn/buyback mechanics coupled with something that has actual PMF in order to outperform the hardest asset in human history. If a coin can't outperform BTC, I don't give a F. That said, take a look at HYPE/BTC. Look at the chart. HYPE is the **only** coin making ATHs against USD and BTC. Hyperliquid made the first on chain CLOB, ever. Essentially Binance on-chain, but better in every way. For those who don't know, no one has done this before, no one even attempted to do it, and imo, it is a "0 to 1" moment for trading infrastructure. Oh yea, and 54% (!!!!) of all fee revenue buys $HYPE on spot markets. Since early 2025 alone, the protocol has bought 5% (!!!!) of the total supply. Even if the amount of trading stayed at these levels, it would burn something like 14-18% of supply per year. You can do the math yourself.

Chambana_Raptor

It literally did you fucking dolt 😂 he listened to the courts and worked on bipartisan legislation with Congress. That's the government working as intended by the founders and the Constitution. Biden signed 162 EOs during his term (a lot). Trump signed 220 during his first and 143 SO FAR in his second (holy fuck).

procabiak

The 1 Bitcoin thing being 100m sats (before it was labelled sats) was Satoshi's idea, and he dressed it up with these decimals in such an unusual way, it was basically very scammy to people who could look under the hood. Many people have been calling out the falsity of Bitcoin decimal points (including me, once I learned more and thought more thoroughly about it). Especially with the milliBitcoin (mBtc) and microBitcoin (uBtc) bullshit. I was done with it and much preferred the bits proposal. In ordinary (fiat) accounting, you might have databases store currency data in cents and 100 makes a dollar. Hence a label like bits was formed, the functional equivalent of uBtc, but via a language measure that counted UPWARD from sats. 100 sats = 1 bit, 1 million bits = 1 Bitcoin. Perfectly acceptable proposal, even if rejected by the community over time. 1 Bitcoin = 100 million Bitcoins is NOT fine. It's like if those databases relabeling cents = dollar. 100 dollars = 1 dollar is fucking dumb. The language is broken. The dumb fucks who think redefining 1 Bitcoin = 100 million Bitcoins is FAR from its goal of clarity. It's insanity. This is not a mere stock split where one company controls how many units of their stocks they want. That is centralised, they can do whatever they want. Bitcoin is decentralised, we need to work with people who make different language choices and have that legacy language compatibility, just like no-one can relabel cents = dollars because the entire world using dollars is (somewhat effectively) decentralised. Bitcoin doesn't have a United States Federal Reserve, a central body, who can make that redefinition. Counting upwards from sats and labeling a Bitcoin = 100 million sats is the correct unit of account for legacy language compatibility reasons with people who want to stick with 1 Bitcoin = 8 decimal place units. Why do you think lukedashjr loves his tonal Bitcoin idea in his Bitcoin Knots, he loves counting in base 16, well let him because it doesn't conflict with the language of sats, bits, mBtc, uBtc, btc. Redefine sats to any other unit phrase you want, but don't choose Bitcoin or any of the existing units. It should be not only be rejected by the entire community, it should be condemned further than bits ever was. They're not attempting to work with anyone with this proposal and are pushing ahead. They just want this redefinition to create pure chaos. Pure chaos creates confusion. Confusion creates scams. Fuck this proposal. I reject chaos. Dorsey may as well redefine all rectangles a square while he's at it.

Onebadosteopathswag

that's so false. the money made off bitcoin is FAR MORE than that.

Shot-Many3672

I have .002. I'm not wealthy by any means, I mine about 50 cents worth of sats a day, and occasionally earn them through gaming offers. What I'm trying to say is this; any amount puts you far, FAR ahead of many others. I can't afford to spend what I have on crypto, but I can definitely earn what I can, while I can. Your efforts will pay off, as well. :)

Greenbacked

No, please don’t see it that way. I’m not saying real estate will outperform the broad market or BTC, but owning property is FAR from a “pure loss”. The local real estate market, how much you put down, interest rates, etc. will obviously all be impactful. And there’s the opportunity cost of the down payment you allocate. That said the only way you suffer a “pure loss” is if you get foreclosed on because you can’t make payments. I ran the numbers for the place I own (it’s been about 42 months). I’ve spent $152K all in including property taxes and maintenance/upgrades. Rent for my wife and I in a similar home would have run about $126K MINIMUM. The property value is up about 20% since I bought it. If I sold it today and deduct selling expenses, I’d still pocket $203K with a conservative sell price estimate. +51K profit is not a total loss. Even if it didn’t appreciate during that span, I’d have retained the value of the equity and lost only on the property taxes. Renting would have given me $0 back and only been cheaper by $26K over 42 months. You also pay $0 capital gains tax on the first $500K (married, $250K if single) on primary residence sales. My mortgage and property taxes are 16% cheaper monthly than rent would be. I can DCA with that capital each month. My initial down payment if thrown into S&P500 would be up about $44K (given time of purchase). I’m up more than that and also have been able to invest more monthly every month into BTC into a S&P500 ETF. TL;dr no investing in property is not a “total loss” and its absurd to view your financial picture in such an inaccurate that way

Defiant_disco_4062

I spent my initial stack of sats on gambling (after all, I said to myself, it's not really money 😂). To be fair, if someone had explained what it actually was to me back then, it probably would have sailed FAR above my head - I just wasn't equipped with the right bits of knowledge to have fully appreciated its significance back then. But now? All I do is stack 🫵🏾 Point is, I think ignorance up to a certain point is excusable. Past that point, whatever that point is, is just self sabotage.

Ok_General5141

I’m so glad I’m reading this because I can hopefully pass on some useful. When I was 21 I took a loan to invest in crude oil and gold, this was just after Covid, so it was all going up. My average unit price was very lower, giving me at the peak 60% returns in just over a year, so we bought more. However, as your buy more and ‘double down’ the average unit price increases very quickly, and best lesson of all. Prices DONT stay high all the time. We bought and held for over 2 years but our investment went from a combined 22k USD down to 9k USD … for a person in your specific situation of living at home and wanting to invest as much as they can at an early point in their lives, and just take the hit if it all goes tits up … you are taking away so many years of actual reliable a fruitful investment. Bitcoin is volatile for a reason, you shouldn’t invest more than 10% of your assets in it, because 10% means you’re happy to see it go to 0. If you starting taking out loans, and increasing your exposure, you will cause yourself FAR TOO MUCH STRESS, sleepless nights etc etc …. It’s not worth it. If you make that much per week my honest investing advice is just put it in the S&P or diversified global markets using Vanguard ETF’s or similar index fund, they return a much reliable rate of return and don’t rely on the hype that bitcoin offers. If you’re investing long term like you said you, you don’t need a loan. Just invest 75%, I.e. $450/ week (which is a very healthy amount) and you in 3 years, at approximate market ROI, you will $70k USD ….. that’s by far the best idea.

naminghell

so FAR

naminghell

So FAR

BitcoinBaller420

There is no second best store of value. It's not supposed to be "accurate", obv there is a second best. It's pointing out that the gap is so wide, it doesn't matter who it is. I'm using it here to say that investing in Nvidia, whose business is at risk of a chip breakthrough from a competitor, is FAR more risky than investing in bitcoin, a digital box that's already feature complete, with no serious competition, still looking at 100x returns in the next couple decades.

DefiantAbalone1

That platform doesn't enable herds of like minded to rwge-downvote people with unpopular opinions into oblivion so that few people will see it. With that being said, Peter is a smart guy. He does what he does cos he enjoys being the heel and loves the exposure. His bag of btc is FAR bigger than most of us will ever own.

jam-is-on2080

Let me interpret findings for you all, regardless of sampling issues: A SHIT TON OF AMERICANS ARE FAR TOO IMPRESSIONABLE

ApexMM

Yeah, I do and it's not close. Saying we have no facts on the case is a symptom of your non functioning brain. The guy had a capture warrant in Yemen and was linked to two terror attacks in the USA.  The president of the United States is using the power of the highest office in the United States to scam one of the most vulnerable groups in the United States. Let me just repeat that this is FAR worse than anything you brought up.  We are different, and that difference is that I have an IQ above 75.

Remarkable-Ride8820

On what basis? You can't just have a gut feeling about a given number. The math has to make sense. Even MSTR is only trading at a 2x premium, which is far, FAR below what xxi is at right now.

SenorElPresidente

It doesn't increase hardware requirements very much at all. State expiry keeps storage small Data sampling reduces required bandwidth And a bunch other I can't remember right now (4am here)  Also this 100X gas in 4 YEARS. Dankrad himself said yesterday I think "in 2 years most validators will not be executing blocks. They will be verifying proofs". Requiring FAR less power. Ethereum is a massive project building for the coming generations and executing incredible amount of cutting edge tech that sometimes is difficult to comprehend or put together. Many EIPs are there to allow other EIPs to work etc...

SpontaneousDream

Fair take. Once the economic numbers come out from these tariffs then the market will see just how much damage has been done. That'll take equities FAR lower, though tbh I think BTC will just continue ranging or slowly grind up. Big money is clearly seeing BTC as a safe haven.

SodanReddit

Hahaha yes exactly, the irony of exchangning their money to bitcoin is already difficult. My guess is it will be far FAR worse in ten years.

Hbrich3

BTC does not have a rational upper limit of value. Stocks do. In the future all excess fiat will eventually flow into BTC, and no longer stocks. (Already having companies worth over a trillion dollars doesn’t make rational sense). The years of 4x yearly are FAR from over

JerryLeeDog

No you can't because understanding Bitcoin is FAR more complex than any other asset on the market. You have to understand so much before you can even understand bitcoin. many people will never actually understand it, the will just end up using it like email, having no idea how it works. it just does and it'll be the norm so that will be that.

RonPaulWasR1ght

Don't waste your $ on ANY stupid books! Get it for free watching these people on YouTube. Trust me, if what they're babbling about could be condensed down and given to you in 30 minutes in a YouTube video, that is FAR BETTER than getting the long written version. Trust me on that. Watch the videos and you'll have gotten the gist.

MicroneedlingAlone2

Quite simply, if it were that cheap, someone would have already done it. You can establish a major short position and profit FAR more than $5b-$10b from demolishing Bitcoin. That means the people with $5b-$10b either know something more than you, or they are all altruistic angels (as billionaires have a reputation for being, am I right?)

zxsmart

Hey clownass, can you kindly return to whatever shit circus you crawled away from? Bukele has done FAR more to improve the lives of El Salvadorian people than you ever will for your country from working at your job at the Wendy's. So kindly stop posting nonsense on reddit and get back to making fries so you can make your rent payment this month.

7101334

Don't forget enabling Israel to continue enacting the modern-day holocaust. That is, by FAR, the worst thing he has done. (Biden also did it. Almost like both corporate-owned parties are fundamentally evil.)

BookLuvr7

I'm non partisan and ever since moving to a red state, I've seen FAR more hateful attitudes from the right than the left. The left care about taking care of the poor etc. The right only do that on Sundays if they claim to be Christian. Every other time it's "own the libs" while they celebrate cruelty.

FalconCrust

Not only should he be added to Mount Rushmore immediately, but it should be completely replaced by all Trump heads. Greatest American President EVER, and by FAR!

Mairon12

The US is (was) their largest customer BY FAR

Slayerofgrundles

Sure, but one side is FAR more corrupt than the other (as evidenced by how many of their politicians have been convicted of financial crimes (and lots of other crimes, too)).

Thawayshegoes

This could be the crash SO FAR…

pigeonwiggle

there's no way Vance wins. people voted out Trump after a first term because they figured we couldn't stomach the dude any longer - but then the last few years had been mediocre so people didn't bother coming out to vote and trump slides in by a hair. for Vance to win next election, the next 3 years have to go FAR FAR better than the last 3 months have - because if the past 3 months have been any indication -- FUCK.

1infinite_half

Bro, cmon. Ain’t like I’m saying it like that, but if you are a profitable trader, you can respect the significance of a 20-month-old line on the weekly. Especially in the face of the March low (lower and also on trend), the March low for the S&P (higher than current price), the current global economic uncertainty, and the economic issues that Bitcoin specifically addresses; and that’s not even taking into account the actual numbers on ETF inflows, institutional buying, supply on exchange or any real math. If you’re a profitable trader, you understand what I’m talking about right now with the convergence of such factors creating a clear picture. Now interesting you bring up difficulty. Trading is a mental game, a psychological one; would you say it’s easier or more difficult for me to stand in the face of a sea of people like yourself and tell you confidently you are wrong, and not only say it, but put my money where my mouth is? Because my money is there, my friend, $1000 on 20x long at $80800 and we been chilling like that for a week sooooo… come with it brother, ain’t gonna shake me, I know what im taking about and it was FAR from easy getting here lmao

FTFOatl

If he did that long enough time ago, the gains FAR outweigh the penalty. Takes some faith... Saylor Jr over here.

ImNotFromTheInternet

No, but if you think it’s that bad why are you holding?  If you think we are so close to a WW why hold crypto?   Regardless of profit / loss there are other things FAR more value than internet money. 

Lexsteel11

It’s up 1% SO FAR

JerryLeeDog

Printing an equivalent to the production would keep prices exactly the same, true. That could work if the trust existed and the actual outcome if equal. But we know that is a pipedream. We print FAR more than we produce, so we lose price signal function too which basically distorts the entire language of money. There are other ideological reasons why having people spend/debase other people's money without a feedback loop that effects the ones making the moves will never work long term. This gets into the 4 quadrants of how money is spend. 1. You spend our own = total feedback loop and the understanding of value is met 2. Someone spends their own = Same as above 3. You spend someone else's = You care less because it does not affect you Someone else spends yours = Same as above only on the biggest scale imaginable. A failure waiting to happen/

thisf001

Got out of the coin with a small amount of returns after the recent pump a few days ago. After holding for over 4 years with little to no consistent price action and all the news coming out, it was a good time to walk away. PLEASE STAY FAR AWAY FROM CRYPTO.COM

breakboyzz

What’s the difference between that and a dog meme coin? Or your coin of choice? The creators/devs can easily say that anyone with a brain should’ve known that their coin was just a project that may never amount to anything. For example, do you remember EOS? They took 4 billion and RAN FAR AWAY. Now look where EOS is now… it was an outright scam. A cash grab. What makes your coin any different? I guarantee you would feel some type of way if you got rugged.

caploves1019

I typically agree with your comments but not in this case. In areas where natural gas is prevalent, heating is a non-issue financially. However, EVERY apartment that uses space heaters or baseboard heating is FAR less efficient than even a handful of customized s9s at this point let alone something even more efficient like an s19, s21, or smaller sizes like the heat it or a diy hobby implementation. It's night and day between electric heating (1500watts of electricity being constricted in a coil to generate enough heat to keep your legs warm in an office setting) vs nat gas heating. For sure! But if nat gas isn't an option, Bitcoin is absolutely the solution in the vast majority of cases to heat your office at LESS of a loss than simply plugging in space heaters or baseboard heating elements. Also less of a fire hazard AND with modifications can be just as quiet with the bonus if kyc-free Bitcoin into your wallet. TLDR: More home mining is good. Kyc-free sats are delicious. Securing the Bitcoin network instead of wasting electricity heating to heat a small room is objectively superior.

HSpider8

Terrible way? 13 died? Do you have any, and i mean ANY, understanding on how fucking hard it is to pull back from battle in good order? I venture to bet my whole fucking savings any other country would have had more chaos and casualties. Far, FAR more. Imagine 20 million people pressing on all sides on your 500-1000 last soldiers and no one can be left back. No nation but USA has that kind of expertise

PittFanIAm

Pot meet kettle! You’re trying to argue that Canada and Mexico don’t rely on The US far, Far, FAR more than the US relies on them. Yeah, I’m the one with no understanding! 🙄

Frost134

Do you understand how much more expensive it is to transport things overseas vs countries you share a land border with? There is a reason most companies do business with MX and CA for these things. And at least for things like potash, no we cannot just trade with other countries. Canada supplies BY FAR the most potash on the planet. And this is just scratching the surface. You’re talking very confidently about things you don’t even have a ground level understanding of.

pigeonwiggle

as always: 1. do not buy what you can't afford to lose. the economy is likely to be in the toilet for the short future - how short, we don't know. but the guy's in office for 4 years, and he doesn't seem to want it to be a peaceful 4; he's rattling Everyone's cages and getting everyone pissed off right away. we can hope things settle by next winter, but this spring/summer will see FAR more protesting once people can tolerate the weather. further, earnings reports for Q1 and Q2 are likely to be abysmal, and it's difficult not to expect the market to tank. 2025 is kind of a write-off. liquify what you can and be prepared to buy back in (again only what you can afford to lose, because there are no promises in this game) 2. with recession on the horizon to rescue us from the past few years of "stagflation" there's not a lot of optimism right now. again, be prepared to buy, or if you have a secure source of income (what's That even mean these days?) you can buy in with steady monthly contributions and hope. 3. 2026 may be better. 2028 better still -- with a new election on the horizon that year, coupled with another bitcoin halving, we should be seeing some exciting action in crypto provided the events of the next few years don't scare away "the big dogs"

officeDrone87

But don't other block chains do that FAR more energy efficiently?

HODL_monk

I assure you FAR more 'gold atm machines' (pawn shops) have been broken into than Bitcoin machines...

gonzaloetjo

>In what universe does that have anything to do with this topic? In the universe where **Anatoly**, Solana founder, and many others mentioned. If a State can buy a big majority of your tokens, it can become an issue. > Cardano has on-chain governance Did you read my comment at all? I gave Polakdot as an example, which has the most advanced on-chain governance (Cardano people participate there too, and have taken some things about it, as they think it was cool). And polkadot themselves says why this is an issue. This is even more an issue, as like I said, a single state, meaning, their president, can decide what is done. Polkadot people have said that until personhood is available and running, it's dangerous. >  Ethereum is basically ruled buy a group of (hopefully belevolent) Dev emperors. A powerful state knows exactly who to influence. And yet the foundation has MULTIPLE teams developing. I follow many ecosystems I like, and many don't have this. Ethereum development is FAR from optimal, but they do have many teams developing the protocol. This is NOT the case with Cardano, or most other chains. Cardano is trying to tackle it, but it's not the case as of right now. > Right, I never said it did, again what would that have to do with this topic? You haven't really provided an argument so I assumed it was that.

Willoni_23

November? 😬 I'm so sorry but have you moved to stable or cash? If not it ain't over! I'll keep it short but I'm a.chroic round tripper. Was not going to do it this cycle, and in Dec/January I more than a few times almost moved to stable but didn't. I've been sick over it but not defeated.... You only really lose if you sell. Maybe consider swapping into different coins with more upside potential. Good luck to you and don't give up. It can always be FAR WORSE.🙏🙏

Jacmac_

I asked Claude about the CFTC classification and it doesn't really change anything. Under existing laws, the U.S. government faces significant constraints on investing in cryptocurrencies as speculative investments. There's no blanket prohibition, but several legal and procedural barriers exist: 1. **Appropriations Law**: Federal agencies can only spend funds as authorized by Congress. Current appropriations typically don't include authority to purchase speculative cryptocurrency investments. 2. **Federal Investment Authority**: The Treasury Department has strict guidelines about federal investments, generally limiting them to Treasury securities and other highly conservative instruments. Speculative investments fall outside these parameters. 3. **Agency-Specific Statutes**: Each federal agency operates under specific statutory authority that defines its permissible activities. Most agencies lack explicit authority to make speculative investments in cryptocurrency markets. 4. **Federal Acquisition Regulation (FAR)**: Government purchases must comply with the FAR, which requires competitive procedures and justifications that would be difficult to satisfy for cryptocurrency speculation. For the government to engage in cryptocurrency speculation, Congress would likely need to: * Pass specific legislation authorizing such investments * Appropriate funds for this purpose * Establish oversight mechanisms and risk management procedures * Potentially amend existing Treasury regulations Some limited exceptions might exist where agencies could acquire cryptocurrencies for operational purposes (like law enforcement operations) or through asset forfeitures, but these are different from market speculation. Also, certain independent government entities with greater financial autonomy (like some sovereign wealth funds) might have more flexibility, though they would still require specific authorization. The government does already hold some Bitcoin and other cryptocurrencies that were seized through law enforcement actions, but these are typically liquidated rather than held as investments.