Reddit Posts
Poor Canadian Retiree - I would like your thoughts.
How has your Bitcoin investment strategy changed over the years? #DISCUSSION
Why You’ll Get Bitcoin At The Price You Deserve (American HODL)
I've been rebuilding Bitcoin's cycles as something you can trade through — help me decide what goes in it
Fury is the correct response to what they've done to the money (Bitcoin art)
BTC Macro Analysis (1M): Why the current correction is just a healthy retest before the programmatic run to $190K 🚀
🇬🇧 $5,400 in Bitcoin turned into $5 million after 12 years
Chat_178 - Our Burden To Carry with American HODL, Erik Cason, and Brandon Quittem
HODL - Started on the BTC-E squawk box in 2013
How do you manage taxes with DCA, or other transactions? Seems like a PITA
Bitcoin Adoption - The Story of AI Centers, the Trojan Horse
Just a reminder, when bitcoin pumps, this is the best song ever created. HODL on 🚀
Lets remember where the dollar is heading... US Federal Debt 2050 !!!
$NOCLEAR: We don't need no stinking badges
Michael Saylor says MicroStrategy (Strategy) must be able to Sell Bitcoin
Do you treat Bitcoin as an investment or as a currency?
Made a free tool that reads your actual Uniswap V3 wallet to calculate real IL + fees (no manual inputs, no wallet connect)
Launching a BTC position-management system - looking for feedback from long-term holders
I built a free browser game where you HODL through every Bitcoin crash in history — one mistake and you lose everything
I built a free browser game where you HODL through every Bitcoin crash in history — one mistake and you lose everything
The patronizing attitude of most bitcoin maxis regarding "roll your dice bro" is so annoying post the coldcard fiasco.
I’ve never had this many connections before with my node!
How do you stop yourself from selling during drawdowns?
How are you people ok with the fees and expect the world to adopt this ??
Trading bitcoin always ends badly. DCA & HODL is the name of the game.
Do you believe BTC will be used as a viable medium of exchange or will it be forever be doomed to a speculative asset?
The Trojan Horse? Why Michael Saylor's MicroStrategy Protocol is Splitting the Bitcoin Community
How do you deal with the regret of not selling at the top last year?
My BTC is not even nearly close to an alarming number.
The $1.3 Billion Rounding Error: What SpaceX's Historic IPO Means for the Future of Corporate Bitcoin. How the largest public listing in history is quietly transforming cryptocurrency from a speculative business model into a definitive, mega-cap treasury asset.
HODL started as a drunk typo in 2013. Here's the full story
Why is Polkadot dying a slow death? [Survey]
What’s the Best Long-Term Strategy for Investing in Bitcoin: Pure DCA, HODL, or Taking Partial Profits?
If you could go back to 2016 but could only buy 1 BTC, would you have held it until today?
The difference between june 2025 and now is crazy
The continued drop has ETF written all over it.
Did anyone see the HODL guy is back after 13 years?
How trash is my Crypto portfolio?
HODL $RETIREMINT Memecoin on Moonshot
US Strategic Bitcoin Reserve Bill Reintroduced In Congress As ARMA With 20-Year HODL Requirement
Which cryptocurrency are you holding for the rest of 2026?
HODL DANCE — BSC Memecoin Launchpad Now Live with Auto-LP & Rewards
HODL .DANCE is LIVE on BNB Chain
HODL has paid 20,603 BNB to holders since May 2021
Is long-term holding (HODL) still the best strategy for Bitcoin?
How do you HODL: Cold Storage / Hot Wallet / Exchange/ ETF
If you could delete one piece of crypto advice that beginners keep hearing, what would it be?
Is it time to dump altcoins that are practically dead?
Hodl Dance — Memecoin BSC Launchpad - Bonding Curve - Auto-LP to PS V3 & HODL4 Rewards - Launching Soon
While newbies worry about geopolitics, Strategy acquired additional 34,164 BTC because of geopolitics, and now HODL 815,061 bitcoin
Update on my ETH system: new signal after a -5% flush. I'm buying small. Here's the full read, including the break-speed rules I added from the last thread.
Mentions
Same thing happened to me. Bought 1BTC for 5k. Panic sold during the pandemic. Had to buy it back at 10k. HODL ever since!
People think we are delusional, but the day bitcoin reaches 1 million Everyone will Join us HODL 💪💪💪💪
bond market sell off continues risk assets sell off to cover losses. this is short term as the high bond market sell off increases the bond prices and then the fed has to step in with QE or some alternative aka printing money. HODL, and HODL hard because this is going to be a boon for the the larger BTC community.
It may sound complicated at first, but before worrying too much about charts, prices, or finding the perfect entry, or Holding....I think the first thing you should do is structure yourself financially. **1. Get your regular finances in order first.** Separate the money you actually need from the money you're willing to invest. Have money for your normal monthly expenses, some savings, and IDEALLY an emergency fund. Bitcoin is volatile, so you don't want to be forced to sell BTC during a bad market just because your car broke down or you suddenly need cash. The money going into BTC should be money you can realistically leave alone for years if necessary. **2. Decide how much risk you're actually comfortable with.** Don't invest an amount that will have you checking the price every 10 minutes or panicking when BTC drops 20–30%. Bitcoin has had much larger drawdowns historically. Decide beforehand what percentage of your savings/investments you're comfortable exposing to BTC. **3. Don't put all your eggs in one basket.** That applies both to your investments and to how you store your Bitcoin. You don't necessarily need everything you own concentrated in BTC, and as your BTC position becomes significant, think about whether you really want 100% of it sitting in one place. You might eventually have traditional investments, cash, BTC, etc. And within your BTC holdings, you might keep a small amount accessible while putting your long-term holdings into proper cold storage. **4. Learn storage BEFORE you accumulate a large amount.** At the beginning, keeping a small amount on a reputable exchange while you're learning isn't the end of the world. But if you're planning to accumulate BTC long term, learn what self-custody actually means. Learn about hardware wallets, seed phrases, backups, passphrases, and recovery procedures. Most importantly, understand that self-custody gives you control, but it also gives you responsibility. If you lose your keys or expose your seed phrase, there may be nobody who can reverse the mistake. Don't rush into complicated wallet setups you don't fully understand either. Simple and secure is better than sophisticated and confusing. **5. Take security seriously from day one.** Use a unique password, 2FA, secure email, and be extremely suspicious of links, DMs, "support agents," giveaways, and people offering to help you with your wallet. Never give anyone your seed phrase. Never type it into a random website. And don't advertise publicly how much BTC you own. As your holdings grow, your security should grow with them. **6. Keep records of where your BTC came from.** This is something beginners don't think about enough. Keep records of your purchases, dates, amounts, prices/cost basis, exchange statements, wallet transfers, and transaction IDs. Moving BTC from an exchange to your own wallet isn't the same thing as selling it, but years later you may need to demonstrate where those coins came from and what you originally paid. Good records can save you a massive headache later. BIGT TIME! **7. Learn taxes, AML/KYC BEFORE you need it.** People spend years learning how to buy BTC and almost no time learning how they're eventually going to turn some of it back into dollars. If BTC becomes worth substantially more someday and you want to cash out, understand capital-gains taxes, exchange KYC requirements, AML/source-of-funds checks, withdrawal limits, and how your bank handles large transfers. A legitimate large withdrawal can still generate questions from an exchange or financial institution. That's another reason to preserve a clean history showing how you acquired the BTC. Don't wait until you're trying to cash out a large amount to figure all of this out. **8. Have an investment plan instead of reacting emotionally.** Decide whether you're DCAing, buying larger corrections, or using some combination of both. Decide roughly how much you're willing to invest per month/year and what would cause you to stop buying. You don't need to predict every top and bottom. Having rules helps prevent FOMO when BTC is pumping and panic when it's falling. **9. Think about your exit plan even if you're a long-term holder.** "HODL" doesn't mean you can't have a plan. Maybe your goal is to hold for 10+ years. Maybe someday you'll sell 10–20%, recover your original investment, buy a house, or gradually take profits. You don't have to know the exact price today, but you should understand what you're actually investing *for*. Basically: **Finances → risk → buying strategy → storage → security → records → taxes/AML → exit strategy.** Once you build that foundation, Bitcoin becomes much less overwhelming.
should not have done lumpsum to start, but thank God I HODL instead of selling. I'm now seeing green, and I hope this pattern continues while I DCA.
It's the New updated version of HODL.
Misspelling is the lore behind the original HODL though
Take care dude, come back stronger after sorted things out. HODL
DCAing all the way through, too. And haven't sold. HODL on, bro.
It's how these entities get rich. They buy everything up cheap then resell it at inflated prices to the regular guys. HODL.
Up and to the right forever if you zoom out. DCA HODL
The volatility is the gift silly boy, and its ona schedule. If you know when the Bear and Bull markets are coming, you make bank by buying low and selling high. If you have zero instincton timing, you just hold through 4 year cycles and you still outperform Wall Street. There is zero complexity to this... If you can't see how the volatility is a repeat opportunity to stack and hoard you are either: A. Too young to appreciate the long time horizon if a 4 year cycle B. Too broke to HODL through a 4 yeaar cycle C. Too dumb to manage your own money
Even if it comes through, it won't be like you describe it. It will be possible to average with the year before, and: there will be a sum which is tax free. Yes, the old HODL approach will be obsolete, you have to switch to more active management.
This is my 12th year in BTC so I got in a few years after you. Ive held strong for all these years without selling ( only sold about 0.1 during that time). This next bull run is going to be insane and it’s where I’ll begin to diversify and make the lives of my family better. I know people say HODL forever, but you gotta take reward for your patience as well. Saying that, never sell it all.
If he has to borrow 10k that probably means he doesn’t have much liquidity. Putting money you don’t even have into one of the most volatile investments isn’t a good idea. You sound like a typical HODL lunatic.
It's not the same. You have to \*effectively\* realize your gain/loss every year instead of only when you sell. You pay the taxes as if you sold, regardless of whether you actually do. A system which nominally treats every dollar the same at the end of the day will leave you with less wealth if it collects those taxes earlier, simply due to the time value of money and who possesses how much and when. Imagine a scenario where Bitcoin does 100x, which it absolutely did between the lows of 2014-2015 and the highs of 2017. Say, you bought 100 BTC at $200 each at the bottom in 2015, and paid $20,000 total for all 100 BTC. Consider that by 2016, it's $2,000 -- up 10x. (Yes, this didn't happen until early 2017, but hey.) Congrats, your holdings are now worth $200,000! Under this new law, you'll have to pay 36% of the unrealized gain. The gain is 90% of the $200,000, or $180,000, and 36% of that is $64,800. You owe $64,800 in taxes. You started with only $20k! You don't HAVE $64,800! So, you have to part with some of your investment in order to come up with it: you sell 32.4 BTC for $2,000 each to come up with $64,800 to pay the tax. There is no \*additional\* tax on this sale, because realizing this gain has the same tax burden that the government was going to charge you on the unrealized gain anyway. Great! You now have 100-32.4 = 67.6 BTC left over, worth a total of $135,200. You have \*clearly\* enjoyed an increase in the value of your holdings, so you should feel good. Now it's the end of 2017, and BTC has gone up another 10x, landing at a unit price of $20,000. Congrats! You have 67.6 BTC now worth $1,352,000. You haven't made any money yet, but you \*totally\* could if you \*just\* sold. You remember, though, that everybody is forecasting BTC to be $30,000 by mid-2018.... oh yeah, and one more thing, too... it \*is\* that time of the year again, and you owe 36% taxes on your unrealized gains, which are 90% of $1,352,000. This new tax burden is $438,048. Remember, though, you don't HAVE $438,048. You only started with $20,000 a couple years ago, and as a true Bitcoin maximalist, you haven't been selling along the way (except when the government forces your hand, of course) and have no other investments or large sources of money from which you can draw to pay this tax. So, you do what you must, and you sell exactly 21.9024 BTC for $20,000 each to get the $438,048 you then send onward to your tax authority. At the end of the day, you have 67.6-21.9024 = 45.6976 BTC to your name, worth $20,000 each, for a total of $913,952. For your initial 20,000 investment, having a BTC stack worth this much truly is incredible, and you should feel \*good\* for having HODL'd your way to accomplishing that. So, let's compare your $913,952 result to the result you'd have if you were in a more normal jurisdiction, which charges 36% on only \*realized\* capital gains. You'd have been able to keep more BTC for longer: you'd have been able to keep your BTC all the way through the date you sold, owing taxes only on the gains realized in the sale. You'd still have 100 BTC at $20,000 each by the end of 2017, or $2M, which is a bit more than double what you have after paying the taxes on unrealized gains. Granted, these BTC would be highly appreciated, and you'd owe 36% on the realized gain (which is 99% of the total at this point due to the 100x growth) if you were to sell them, so, liquidated, they're only worth 2e6\\\*(1-.36\\\*.99) = $1,287,200 to you, but this is still dramatically more ($373,248 or 40.8% more than the $913,952) than if you were to realize gains every year. That said, you only held through this much growth by being a true believer. 2017 had several 30+% drops, each of which looked like the end of the bubble, before ultimately achieving the 100x rise from the 2014-2015 goblin town days at the bottom. You \*know\* Bitcoin is going to continue to rise, so you hold. You hold through the first 50% crash to $10k and through all the bounces thereafter, through the crash below $6k and all the way through the $3,122 crash floor. You never sold except for when the government made you. You don't get your money back which you paid in taxes. You just get a tax credit against future gains. It's a \*very\* good thing you were forced to sell along the way to pay the taxes instead of drawing from money you may have stored elsewhere, because you have kept your BTC activities siloed within that initial $20,000 outlay you scraped together in 2015 to buy your initial 100 BTC. Just remember that you have only 45.6976 BTC after all the volatility, out of the 100 you initially paid for. By keeping your activities confined to the $20,000 you initially brought (aka, selling BTC to pay taxes), you have prevented yourself from going bankrupt by effectively giving 54.3% of all of your initial BTC to the government. This is the best case scenario. Now, let's consider a worse scenario -- let's consider what it might be like if you paid all the taxes along the way from \*other sources of funding\* you had available to you. You buy 100 BTC for $20k in 2015. You owe 36% of 90% its total value of $200k in 2016 to pay the tax on unrealized gains, so you sell $64,800 worth of other investments you have (say, your index funds or whatever. Maybe you take out a big HELOC against your house if you have one, etc) to pay the tax. You pay the tax. Then in 2017, the value rises 10x again. You now owe 36% of 90% of the total value of $2M. This tax burden is $648,000. So, you sell your entire house to be able to keep all your bitcoin. Now, in 2018 and 2019, your 100 BTC loses value, dropping to $312,200 in total value at the bottom. This $312,200 position is one which you paid $712,800 total over two years to be able to satisfy the tax burdens of simply continuing to hold it. What do you have to show for it? You have an after-tax loss of $400,600. Sure, you can EVENTUALLY get that back if you make enough gains to cancel the loss, but it's not like bitcoin (or any other investment you can be lucky enough to predict ahead of time) does 100x returns every other year. It will take you a LONG, LONG TIME to get $400k in gains to be able to claw that money back from the government, and in the meantime, you have $400k less wealth working for you, growing to generate those gains. Dollar-days in the market are what produce your returns, and if you could even weather that $400k loss, not having that $400k for such a long time is a huge impediment toward gaining it back. This is literally a scenario in which you could have sold your house and given all the money to your government in taxes, only to end up in a position where you have exactly none of the profit you ostensibly paid taxes to keep access to. Unless you have a lot more millions than you were ever using to dabble in BTC, this would be positively catastrophic.
If you’re going down this path, add one more step; buy again when it dips (whatever that is) . . Or simply HODL
Something something money laundering….with tax free conversion then money laundering gets worse…and it’s already bad…also holders are gonna HODL till the price is life changing generational wealth…or until BTC is the main trading medium
Use strike. Also, movement right now don't matter because what you want to do is HODL. set a dca and forget about it. Worry about cold wallets when you reach about 0.2 BTC.
When i bought $100 worth on Coinbase in 2018 and totally forgot about it until i checked last year and saw what it was worth. Went all in near the top last year. The was my aha moment that BTC was a valuable asset and to treat it like any other. HODL. Stay calm. DCA. Don't follow hype. I excitedly DCA'd all the way down to the 60s and am still doing so.
I think the message is to buy vinyl records. Hey…in just the past few years I’ve seen the values of some of my purchases go up 100%. Many more than that. But I’m HODL for life man. I'll never sell!
buying some and leaving it sitting there is a feature not a bug, HODL & keep stacking - day trading is for gamblers
My Magic 8 Ball says the future is unclear. Personally, I have high hopes. Keep stacking and HODL.
This post DOES NOT APPLY if you have only been in BTC for 1-3 years. A LESSON for you newbs learning - BTC was at $10K during COVID and went up to $65K in that one year alone (crazy gain$), and by the summer of 2022, it leveled back down at $20K (crazy Lo$$) a BTC - so $60-65K was the sweet spot, and has been so for a while. But that level was a key moment. (Do your homework). Now, $100K, the moon!🌙, yes, a lot of us made it. Wow!!….but then, it went back to $65K (felt like a crazy Lo$$ mentally) and guess what!…now it’s poppin back up to $100K. Enjoy the ride. Don’t be a fart and sell your stash, stick to the plan (HODL), and DCA (what you can) and wait. The rest of you, just sell, take your screenshot of your sale, save it for 3-5 years from now for a “HAD I” segment and start again. Whales 🐳…ummm 🫡 thanks for the lessons over the MANY life cycles. Man….Had I just….🤣 🧡
Send it to a cold wallet. HODL. 🚀
I personally do a combination of using the Larsson Line and just paying attention to the BTC cycles. The Larsson Line subscription is very expensive now but I was an early adopter so I have it for life. I believe there are free alternatives on TradingView you might look into. I believe it’s just a combo of a couple of moving averages or something with a little secret sauce added in…I really don’t know. Then I watch a lot of Ben Cowan to understand the charts, macro situation etc. now Ben was predicting a bear market low on Q4 this year and that may not play out exactly but we may still get another dip down at least. My strategy is to sell everything when the Larsson Line flips blue then buy back at some price that will come close to doubling my bag. So far it works. The best part is that it’s stress free. Worst case scenario I buy back at my sale price and I lose nothing . Yet I have so much to gain through this strategy. Everyone says HODL but that really never made sense to me, especially when BTC cycles are so predictable Best of luck
Why? Because you cannot project the market. Just invest and HODL. In a couple of years, today's numbers won't matter.
Looks like you couldn't HODL through this posts comments.
You're clearly new. You learned to HODL and thats great, but never taking profit when opportunity presents itself, is the mark of an idiot or a fool.
HODL. There's no guarantee this 4 yr cycle will continue to be predictable.
US has 40tn in debt. HODL
I’m gonna HODL that. But it’s kinda cheap now. Wondering if i should move from Gold to BTC. I also am stuck with my silver investment. Cannot sell it at a loss. Gold is where im in a significant profit and can cash it towards BTC
Wat een herkenbaar verhaal. Hier precies dit. Wilde er ook uit bij 150 en weer dca instappen op 75-55. Mislukt dus, nu HODL en kijken of de 200-250K komt
You basically nailed it. Buying every time you have $100 and just holding is classic DCA + HODL. Consistency beats trying to time the market for most people. What you got right: You’re stacking without overthinking, using money you can afford, and planning to hold through the noise. What a lot of people miss: • The 70-85% crashes hurt for years. Can you keep buying (and not sell) when it feels broken? • No guarantees. Past gains ≠ future. • Going all-in on one asset is spicy. • Small buys can get fee-heavy. • Custody and taxes matter more than people think. Automate it if you can, size it so you sleep at night, and ignore the noise. You’re already ahead of most. Stack on.
These guys act like they can't pull up the past decade worth or info/charts on BTC... if they did their view would change,.. and no I don't know the future... but hell, what more do they want? BTC is like free money ..IF YOU HODL.
Pretty simple really... Just buy the f*cking dip and HODL ☮️❤️😎🚀
Take advice from me: DCA and HODL 4 years. Literally impossible to lose. This is financial advice.
Do not trade BTC - the Vol makes the temptation great, but the best strategy is simply HODL and DCA. Does your BF have any holdings or position in BTC that offset his debt? Or real estate equity? Some poeple have an allocation of play money that they can affort to lose - and its still a gamble, but at least its capped and controlled. This sounds like a gambling addiction and yes the highs and lows a person goes through can be devastating and gut wrenching. He needs to stop that. Good luck.
Trading is for gambling addicts. DCA and HODL is for normies.
What kind of question is this, mate? **We HODL around here**.
Bro skipped the entire happiness tutorial and went straight to HODL 💀😂
Only one question matters. Did you HODL? This meme looks like it was created by someone who didn't.
My apologies. I misread and thought you were butfcoiner saying it’s going to die. And I agree. HODL crew
I don't blame you. I buy and HODL BTC and BTCI; its the winning combo👍
I assure you that guy knows how to HODL
Bitcoin had a nice run. But it's over now. FOMO ATH is the new HODL.
Bitcoin is a revolution against the broken financial system. Do the wealthy global elites ever think "Oh, when is it a good time to sell my real estate/stocks/valuable assets for fiat currency"? Maybe only for arbitrage and short term knowledge of capital flows. An easier question to ask yourself - in the traditional financial system, people save primarily for retirement accounts by investing in the S&P500. When do you sell the S&P500? Never. Bitcoin will become the new, better S&P500. No companies to dilute you to raise money. HODL
Bro HODL and borrow against it. Don’t cut your winners early. “Money loves speed, Wealth loves time”. Bitcoin just had its first weekly close about the 50 Week SMA since November 2025. Big. Last time BTC had a weekly close above the 50W SMA in a bear market, that signaled the start of a new bull trend (for the most part) and then rallied 350%.
Continue to DCA and HODL. Don’t worry about when to sell.
You mean you bought now? I'd say it's a bad idea, but now HODL it
still down third from ATH. Alts are all mostly way worse. not a time to celebrate unless you plan to get off the HODL boat.
You got to HODL dude! Have you made a post asking what the price will do in the next few hours? Have you made a thread asking how to convince your brother-in-law to buy? Have to started a thread asking what will happen in 2140 when the block reward runs out? Until you do all that you can't sell. Hopefully you get that done by the weekend and then once there is a $1000 pull back you can sell it all.
Bro I feel the exact same way I literally stopped checking the price for a few months got out of the space and just trusted the HODL mindset now this cycle I’m thinking of selling up and watching it, obviously no one can time the market but we can set hard sale and buy points
I suspect that's just a few attention-bait youtube accounts and reddit accounts. Most people are more chill, and just de-risking by either DCA or HODL. Don't let the internet rage machine convince you to mock this weird idea that bitcoin is split into us and them. Bitcoin is about autonomy, and being able to make any decision you want to.
Not to worry, buying all the way down from the top throughout a bear market STILL sees you way in the green before the next cycle top. HODL through a couple cycles and you’ll look back with ‘no ragrets’.
There's very little long leverage in queue. What you are witnessing in the posts is just a bunch of hodlers laughing at the people trying to time an inevitable situation. DCA/HODL crowd has virtually no risk of being wrong...we just have to wait and let nature take it's course. Waiters, debaters and shorts are the only ones gambling and losing sleep.
Wow. And I thought I overthink. #HODL
I’ve never made this much in any type of crypto and third coin ever bought. 3 years DCA majors. Bought in last last year early this year, HODL. Yay!
for all of those individuals who are still trying to bridge the mental gap between USD and BTC: 100K sats just got $5 more expensive. and 1M sats just got $50 more expensive. buying at 80K BTC vs 75K BTC won’t matter in the long term if your goal is to HODL for the next 10+ years. stop wasting time, keep stacking sats, and don’t pay too much attention to the price in dollars. what really matters is how you’re expending your time and energy, and how much of it you’re putting it into satoshis.
The best stacking times are the long crabs. Boring sideways action for long stretches where the tourists get bored, sell, and move on to the next shiny thing (AI e.g). Do not FOMO. Do not panic sell. Live below your means. DCA, HODL, be humble, grind on your craft, get fit, stay healthy. Slow time preference. Run a node. Attach your wallet to it. Look at the hash rate. Not the price chart. Fiat is an unreliable squishy measuring stick that can be printed out of thin air. You cannot fake energy.
unless you urgently need the money to save a life, you better HODL it
I am actually on the same boat. Been doing this for 2 years and I no longer care about the price :) just DCA and HODL
If you say so. We’ve been seeing the same FUD and hearing about the Clarity act passing since 2024. It’s a matter of time before something breaks in the economy and money starts moving from assets again. Best thing to be doing is stacking and HODL
BTC is a very inefficient algorithm; it wastes too much energy. It is better to own fiat currency; at least it is backed by the state. BTC is bullshit; I prefer to HODL XRP. BTC is not physical like my money. At this point I really doubt mainstream is going to understad BTC. I prefer not ti discuss in public.
Crypto has two distinct subcultures: degenerate gambling (95% of crypto) and strong HODL culture community. You just have to find the right community.
>BTC is first and foremost a store of value. It's held by Governments, Corporations, and individuals, as a store of value. The only way node runners (*as the system currently stands*) would have any real sway over miner (mining corporations) choices, is if BTC's primary function was transfer of value (currency). Since it is not, and since currently it is treated as digital gold (which I'm not trying to argue is a bad thing, just stating the reality), there's no reason for miners to listen to anyone. Honestly, it doesn't matter how people use bitcoin. I'm using it as an insurance in case my current government ducks things up again, I'm using it as a currency to pay for goods and services, I'm using it as a savings account. Yes, the majority of people use it as a store of value but to do that, they still had to the "transfer of value" to their own wallet. Yes, HODL is using too. Anyway, store of value doesn't remove node power. Nodes enforce the rules that make BTC scarce and valid in the first place (21M cap, signature rules, etc.). If miners tried to change those, nodes reject the blocks regardless of what BTC "is used for." **The store-of-value property depends on node-enforced rules.** The miners node relationship is a mutual hostage situation, not one sided as you think. Miners need nodes to propagate and validate their blocks. And nodes need miners to produce blocks. If miners diverge from what users and nodes accept, their blocks are worthless. That mistake costs a lot of electricity. This is why the Blocksize War I have mentioned above, resolved the way it did: the majority of miners backed bigger blocks, but economic nodes and users rejected them. >Let's do some game theory: let's say a bunch of node runners want to make a change. Let's even say 60% agree, and run a different implementation of BTC. Why would the miners make a change? If this 60% is just Luke and friends spinning cheap Sybil nodes like it happened recently, miners will ignore it. If the 60% are nodes with a 60% crowd of users behind, like we had in 2016, miners will start paying attention. >ESPECIALLY if that change had some kind of threat to miner incentives (profitability & future profitability)? Bip110 was forcing the spammers to use more block space to achieve the same result (surprise, it didn't stop the spam at all), which incentvied the miners "profitability & future profitability" and yet, they ignored it. **ESPECIALLY, because the majority of nodes and users ignored it**. In 2017, miners didn't ignore segwit, despite losing "profitability & future profitability" due to [ASICboost](https://bitcoinmagazine.com/business/mining-manufacturer-blocking-segwit-benefit-asicboost). **ESPECIALLY, because the majority of nodes and users wanted it.** >In this hypothetical Instead of hypothetical, I gave you REAL examples that happened. Try to read them, and research everything, instead of listening to the scammers. >The reality is, the node runners could fork, and because they have no mining power (in comparison) they will forever be the shorter chain. Less mining power doesn't necessary means shorter chain, even if the fork stays at the same algo. Since 2017, Bitcoin is "the shorter chain". Bcash is currently at block number 968,580 while Bitcoin is at 967,088. I'm honestly too lazy to check on other forks but I'm sure, at least one of them will have even longer chain. The longest chain isn't everything. >Do Do you forget that part of BTC's value proposition is it's network effect? It's length of uptime? Just BTC existing for a longer amount of time than any of it's competitors is a factor in why its more valuable today. This is your only correct assumption, mate. And that's the reason, why if you're proposing a BIP, you need to convince as much of people as possible. 20% Sybil nodes won't cut it. Even trying to force the change with only 60% of nodes as in your scenario would be bloody difficult. You don't want to force or break anything, you want to **make Bitcoin better**. You won't make Bitcoin better by forcing people to use your idea, like Roger, Faketoshi and Jihan tried in 2017, nor Luke, Mechanic and Krater in 2026. You make Bitcoin better when you convince people how it helps them. >Don't forget that two mining pools already currently make up 43% of hash.. so "Secure" is surface level of course. You're wrong again, mate. Lukecoin for example had currently one pool that made over 60% of hash alone. I bet they forgot to tell you about that. Anyway, pools =/= miners. I'm a small miner myself. I'm also a part of one pool. Should this pool start acting strange or forcing a change I don't like, it'll take me about one minute to point my machines to another pool. Pools are here to make money too. Not to ruin their reputation and kill their income within an hour. If you think Bitcoin is not secure, you should probably sell your coins and use a "more secure" shitcoin. >From first principles, there's no incentive for miners to listen to node runners. Wrong. I just showed you examples from the past. Not scenarios, made in your head. >They don't work for anyone but themselves. Wrong. They work for the network. They earn from the network bitcoin for themselves. >They are corporations, regulated by governments, Not all. Thousands of miners like myself out there too. There's more small unregulated miners out there than corporations. >with one driving force: profitability. Correct for the corporations. Not for everyone. We, small miners care about more than that. I value the non-KYC'd coins more than coins bought at some shitcoin casino, for example. >To say otherwise would be going against basic economic incentive structure. Nothing's absolute, mate. I just gave you my reason. Do you think Satoshi mined just for profit too? How about the thousands of people between Satoshi and now?
Indeed. Ignore the noise, just HODL, my brother of a different mother
that’s my plan. i’m building my HODL bag that’ll be untouched till 2065. then i’ve got my spending bag that i DCA in and DCA out with the cycles. that way a portion of my sats will always stay in my possession as fiat devalues itself over time. it’s nothing but a waiting game of conviction and dedication. the secret to success with anything is perseverance.
Buy some BTC, go online and declare HODL and To the Moon. Profit. Or not.
That may be a good strategy to turn some coins into a house, car, boat, plane or whatever after holding for a decade. Go for it. Let someone else hold them for a decade. Anything less than a decade is for weaklings who can’t HODL.
If you bought in 2013, and you sold everything this year, you will be doing quite well. The purpose of HODL doesn’t mean you never sell, it just means you don’t jump ship when everyone else is jumping ship. Even if you bought at the peak of the year, which was $1132, that is still a massive win with today’s price $76,800. Even with the tax and transfer fees- you would hugely successful.
Just wanted to note for readers, that this isn't a good strategy. Buy early, and HODL has certainly worked out great for many. But, the 'forget about it' part could be quite dangerous. For example, I bet there are lots of ColdCard users who created a wallet a few years back, who will some day go to check their balance, and find it (to their surprise) at zero! Or, as recent events have illuminated, maybe the protocol changes away out from under us. Bitcoin is something where we need to be paying attention and even participating, not 'set it and forget it.'
No playbook, just HODL. I had to stop my DCA due to saving for a house deposit. Will pick it back up next cycle.
Since 2017 my playbook has been the same: BUY. STACK. HODL.
*yawn* Call me back when it crosses 99k again, ‘kay? *goes back to HODL* Actually, don’t bother calling… continues to sleep on it.
It's not one group. It's three separate groups that do not move hand in hand. Institutions (Harvard, pensions etc) and corporations (Tesla, Strategy etc) and governments (UAE, US, China, El Salvador etc) do not have a common focus that would cause them to buy, sell or HODL in the same way, for the same reason or with the same time preference. There is no danger to Bitcoin based on the sum of their holdings.
Work hard to buy Bitcoin, then lazy hard to stay rich. Buy and HODL is the ultimate cheat code.