IMO

BorgnineTeeth

Glad you found it helpful and good on you for putting in the work & research. IMO coinbase and Robinhood and similar apps are totally fine for *purchasing* BTC (and are often people’s only options without having to get too technical or jump through a million hoops). What you don’t want to do is store all of your BTC on them for the long term. I think everyone should self-custody their BTC, but NOT BEFORE you have learned enough to know why it’s important and how to do it properly. To my mind there is just as much risk in rushing into self custody without knowing what you’re doing as there is in leaving your BTC on centralized exchanges forever. I’d say it’s fine to keep your early purchases on an exchange until you get comfortable enough with a hardware wallet and properly storing keys. Once you’re set up with a hardware wallet and you have your keys properly backed up (read up from multiple sources on how to do this the right way) then I’d say just make your regular buys on centralized exchanges and every time you have a certain amount of BTC (whether that’s $250 worth or $1k worth or .005btc or whatever) then just move it over to your hardware wallet. The total you wait to accumulate before each move to your own custody will vary based on your circumstances, but you don’t want to be sending a million little $5 or $20 buys of BTC to cold storage (read up on “utxo management” if you don’t understand why, but in short: the fees will kill you long term). Hope that helps!

Fairtale5

Are you looking at the old chart, or at the new one below which has been adjusted to newer values? The new one is only one color shallower and shows a better picture IMO and matches what you are saying.

BreakfastMountain149

IMO #KASPA could be one … since it’s the only one which fullfills Satoshis vision and ticks all boxes

Longjumping_Ad3447

Im sorry for offending you folks. IMO spending quality time with kids is indeed valuable but going usual everyday life with them is not quality time usually. I'd rather travel the world with them for half a year than spend 2 years waiting for them to return from school or doing household things all day.

Karambamamba

Nah, „alt season“ was fueled by covid. IMO it’s a big myth to extract more money from the people that are exit liquidity. The trench kids don’t move the market. They made their money in SOL and in SOL it will stay. Trenches can make you insane money but you need decent money or a huge paper trading resolve to practice.

Fun_Initial_7012

I don’t think we will see it this cycle. Likely 2028 IMO

SozB

What I would add to that is that the value of hedera must increase when there is an increased demand for transactions per second. When this occurs, those purchasing hbar can rest assured that the price increase means they require less hbar per transaction due to tx fees being tied to usd, leaving the rest of the market unaffected, which is unique and highly desirable to someone using hbar for its utility. Its genius IMO

NastyStreetRat

IMO rising until 3Q26 (140k max), 6 months of decline or adjustment (90k), and rising again until the next halving (>150k). But ultimately, no one knows anything; I'm just applying the historical behavior of previous halvings. The only thing I'm sure of is that the increases and decreases will be less aggressive each time.

Grelkator

To the point. Thanks. For years, it was pitched for international transfers, now as digital gold - lol. Another point is that the legal owner is the one who has the keys. Think of all the compute power governments or secret services have at their hands - including quantum computing. It literally uses SHA by the NSA. I'm not a fan of the legacy banking system, but most crypto is likely a Trojan horse or straight scam. Where does its value come from other than scarcity and hope. My shit is also unique and scarce, only can make a fixed amount of it per day. It's high price because certain institutions or governments want it high for whatever reasons, certainly not in the interest of common people. IMO, take it or leave it.

red67firebird

Any Crypto like this that does NOT show the people behind it is a scam IMO. It's follows the template of so many other scams. I could be wrong, but I'm not.

ChromeandChickpeas

Might be controversial, but I’ve owned and tried almost every key storage device out there and Coldcard is the best available on the market IMO. Coinkite has been around forever and they make such good hardware. Airgapped solutions, open source software, good quality materials, dual secure elements from separate vendors, awesome security features, and all the dope security features it has. Plus NVK is running the show over there and he’s friggin’ based. Just my two cents :) PS. Making a seedsigner from scratch is super cool and really fun as well

bimm3r36

Honestly that’s probably a pretty common (and reasonable) misconception since it’s the most visible aspect of their job. I’m not entirely sure that my answer above is correct, but it’s logical IMO

kilo6ronen

I’ve noticed your comments and takes, and to some degree I can agree on them. Where I disagree is the absolute-ness in which they’re framed. IMO alt season will happen, imo it will be monumental once momentum builds. That said I still believe we’ll see 50k btc in bear market low. IMO tradfi that bought into etf will panick sell once crypto slides entering into its next bear, and it won’t prop the market as some narratives have suggested. IMO although there’s institutional interest and nation states, it’s early.

Aethrrr

And MSTR alone is aiming to buy the equivalent of the next 3yrs of mined btc. Huge supply shock coming once exchanges run out of OTC supply and institutions have to buy on the open market like the rest of us. IMO they’re purposefully keeping it hush hush and not propping up btc in the media to the masses yet. Why would they let others have what they still want haha. Once it gets too expensive buying on open markets, and macro factors are aligned, they’ll let it rip

CosmicTraveller_369

Yeah I've given this some thought too, they definitely do repel them to an extent. This is great for Solana's ecosystem IMO

Friendly-Mountain535

Anyone not seeing that bitcoin/crypto lending is the future is IMO narrow minded. “Not your keys not your coins” is still true, but is also outdated. We aren’t going to be paying with bitcoin at stores any time soon.

SophonParticle

TBH I’m so confused about ethereum and I think the only reason it is where it is on market cap is because of first mover advantage (Not counting bitcoin). Admittedly, I own Cardano so I am biased. However the reason I chose Cardano over ethereum 8 years ago is because it was a technically superior technology. And yet it still hasn’t caught ethereum in market cap despite several major technical innovations. IMO ethereum is riding on pure momentum.

Romanizer

Maybe, unless they agree to keep the coins on the private wallet until a buyer is found. As you said, there is no clear signal of a sell intention. The big question here is why anyone should sell of a stack of >$1bn in Bitcoin right before the US government is buying and corporations start/continue to accumulate. Does not make sense IMO as there is no better store of value on this planet.

alex00hell

If you talk about investing, I would not give a lot of thoughts about patterns and stuff. What everybody can see - does mot make money. You make money with taking risk and the unknown. Go with the Big Coins IMO... If you're actively trading - don't trade krypto in the first place. Just don't do it.

SpeakerClassic4418

$kendu community is growing, even in these tough market conditions. Join our TG and see how we are an actual community, talking, sharing, having fun all while building and supporting kendu members initiatives. IMO, Kendu will explode one day, don't look back and wish you'd bought at these prices.

biophysicsguy

“Price manipulation” IMO is a positive. If you feel like price is being manipulated down below fair value you have opportunity to buy on sale. If you feel price is being manipulated above fair value you can take some of the table. Also, don’t over-leverage and put yourself at liquidation risk.

word-dragon

Well, that means DCA beats it 14% of the time. One person is not a statistical distribution. They are either in the 86% or the 14%. Point is, I wouldn’t bet the shirt on my back for an 86% chance of a positive return. Invest what you can afford, and don’t assume history will repeat itself. Bitcoin is a good bet, IMO, but it is just a bet.

Able_Magazine_8150

Own your chain, own you future! One of the very few layer one memecoins. So undervalued IMO

ForeTriesNoBirdies

I just did this exact thing about 3 weeks ago. It makes me nervous, but I just don’t see how BTC doesn’t explode before my term is up and I can also make the payments. It’s a no brainer IMO

avance70

the most important thing is you've already put some money in; you're already ahead! keep buying when you can: while bitcoin is not that old, there's already a bit of history and historically this is the "safest" period to buy -- we will probably see the highest price of this cycle in the next 6-12 months of course, there are no guaranees, but IMO bitcoin is currently the safest place to keep your wealth, and as michael saylor says: there is no second best

foxy-agent

Knots is like being allowed to turn on an existing spam filter against nodes having to store non-monetary information on the blockchain. Since the spam is technically allowed in the Bitcoin rule set (like spam is allowed through email), it isn't going to block all spam, but it's voting against spam. Core is actively saying they are going to remove the spam filter since it doesn't block the spam. IMO the spam has been enabled by Core. Some members of Core have ulterior motives and outside financial interests vested in deprecating and centralizing Bitcoin. Not all Core devs have altruistic intentions.  At the end of the day it's about voting whether Bitcoin is strictly a monetary network, or Bitcoin is just another blockchain for storing monkey pics and other data on the nodes.

foxy-agent

Knots is like being allowed to turn on an existing spam filter against nodes having to store non-monetary information on the blockchain. Since the spam is technically allowed in the Bitcoin rule set (like spam is allowed through email), it isn't going to block all spam, but it's voting against spam. Core is actively saying they are going to remove the spam filter since it doesn't block the spam. IMO the spam has been enabled by Core. Some members of Core have ulterior motives and outside financial interests vested in deprecating and centralizing Bitcoin. Not all Core devs have altruistic intentions. At the end of the day it's about voting whether Bitcoin is strictly a monetary network, or Bitcoin is just another blockchain for storing monkey pics and other data on the nodes.

Crypto__Sapien

Over the years, I’ve tried countless platforms, most of which either vanished or became too shady to trust (iykyk). One I’ve come back to is Nexo. I’ve been using it for around three years. I started with earning interest on stablecoins, but I ended up using their crypto loans and exchange, too. IMO, reliability is really important in todays crypto world and it’s hard to find something that works, I think I found mine.

doubler82

55k is not that far behind. This is still crypto. We've had way worse drops than 50%, multiple times and not that long ago either. When people start talking about loans, credit cards etc.. thats when the shit usually hits the fan. IMO best time to take risks like that is when Bitcoin is declared dead... again.

Romanizer

True, it does not necessarily have to start from Zero and surely needs to define what we see. Especially with the ETFs coming up, it would make sense to separate by Retail and ETF holdings on exchange. It makes out the change of a total of 3.5 pp over years appear to huge when in fact it may be a simple fluctuation, IMO. In the end, we do not know what this is trying to say as there is no obvious correlation with price.

IceWizard9000

IMO it will take people a while to actually understand Bitcoin.

Neat-Finger197

More than yesterday 0.1 BTC will be worth a lot someday IMO, it’s easy to look back at people who were “early” but newsflash, we are still WAY early It’s literally programmed to go up over time Increasing demand with fixed supply hmmm what happens to value of a commodity. Finally, don’t let Larry Fink have your coins

motivated_user21

IMO, NFA, I don’t understand why anyone under 40 would buy the S&P. If you’re in your 20s you should be seeking rapid growth with bigger risk. I personally think BTC is the best Risk/Reward asset of all time. If it went to zero, I’d obviously be upset, but I’m so convicted that I’d have to shrug it off and keep slaving away at the rat race like everyone else. But I’d at least have the ease that I gave it my all. No regrets. If (when) it goes to a million you’ll wish you went all in.

Tough_Ad_9770

Have you read the blueprint ? I know its an ever changing world but I don't think the use case that you mentioned will be taken kindly by the others lying down. IMO

Quick_Sorbet6038

Unchained is a solid choice for self-custody IRA, that does not require a complicated trust or LLC setup. They are currently the only custodian that accepts in-kind BTC transfers in - if you wanted to transfer from a custodial bitcoin IRA like iTrust or Bitcoin IRA, both pluses. That said, I like AdvantaIRA - when partnered with River and The Bitcoin Adviser, as an alternative. IMO there is more control over each aspect of the IRA - custodian (direct relationship), exchange (direct, and allows to time bitcoin buy transactions), and self-custody (TBA multi-sig, collaborative security). You can also set up self-directed HSA, Solo 401K with them. Each is also very high-touch in terms of customer service. Here's a good video overview. Happy to answer any questions here or send me a message. [https://www.advantaira.com/blog/the-advantages-of-bitcoin-in-self-directed-iras/](https://www.advantaira.com/blog/the-advantages-of-bitcoin-in-self-directed-iras/)

Gen-Z-Hero

>Systematic corruption can occur with or without fiat currency IMO.  There is your answer. It is not about the nature of money, it is about the nature of people.

prayerrwow

Supply will,inevitably decrease because of zombie coins. A lot of BTC holders will probably die before sharing the keys with family simply because.no one expect his own death. It might be accident to 33 y/o btc millionaire and the probability of BTC dying with him is hudge... thats just 1 example. So IMO as time moves forward there will be only less and less BTC... never more

zjovicic

Systematic corruption can occur with or without fiat currency IMO. For example, Bosnia you have very high level of corruption, even though we can't print our own money AT ALL. Our currency is tied to Euro, and foreigners control money supply. But there are still plenty of opportunities for corruption everywhere, which politicians can use in any way they want. On the other hand Sweden has its own central bank and currency and can print it, and it's one of the least corrupt countries. The same goes for Switzerland.

semanticweb

Both options should be available IMO. Lot of people hold their tokens in CEXs. For algo most of the tokens are staked via personal nodes, valar p2p staking, reti pooling and other defi liquid staking protocols.

Adrianrippens88

I'm not sure why people think the cycle is over. Institutional investors and ETF fund managers can exit BTC as quickly as they can enter. They will likely exit positions in the 4th qtr this year to lock in profits and repurchase like the rest of us. Why wouldn't they? Sure not all of the big institutional investors will sell all their holdings so we will likely see a higher low. But IMO the cycle ain't over.

TheModernJedi

Laughing at this because I was banned from RH because I self custodied by Bitcoin. This is exactly what happened: 1. I DCA’d for 6 months 2. I went to move my Bitcoin to cold storage, using their maximum withdrawal at the time (~0.2 BTC/day or week I forget the time frame) 3. I was banned. All funds were settled. I think they got upset they had to actually go an buy the bitcoin at the higher prices, which they didn’t have because they were selling me paper bitcoin. So they banned me. Super funny IMO but the lesson is auto custody your bitcoin when the UTXO is large enough.

ConsistentRegion6184

This is a realistic topic better studied in real time, IMO. Companies like Fidelity and Vanguard regularly make macro projections that are wildly wrong regularly both optimistic and pessimistic. Economists are watching Japan closely. They are the largest post growth economy in the world. No one knows what is going to happen (finance is much more uniquely run there however). I absolutely keep some BTC and foreign equities for the reason you say. Exchange rates matter. Unknowns: technology, policy, and population patterns. Any one of these can easily keep equities very strong. The future is fickle... but you're not going to find good answers from experts even. Knowledge is power, equities have their place.

fllthdcrb

You're missing the point of what I said. The point is, if you're confused about which word a given number refers to, that's going to make things more difficult than necessary. And in the end, it's actually the string of words, not their numbers, that is used to generate all the keys. IMO, reversing the mapping for the purpose of back-up is an unnecessary, and error-prone, complication, potentially made more error-prone by this confusion.

NumerousSinger3843

I said years ago this would happen once the big money came to the game. Crypto winters are over now. Big institutions are not going to endure 60-80% drops. It's also not really in their interests for it to double and triple in a cycle. It's going to be real slow. Real boring. But real steady now. IMO.

punchycoffee-3576

IMO I believe you're thinking about it now you are going to do it anyway so stop kidding yourself and stop looking for a co-signer.

jawni

Nothing worth fomoing into right now except maybe HYPE. I'd say SOL if I wasn't already a long term holder, with the ETFs being so close, major substantial partnerships being announced pretty much every day, and the most active and one of the highest revenue generating blockchains in the world. But the hype isn't there right now, IMO people will start FOMOing after the ETFs are approved and will wrongly think it's a sell the news event.

6biz

Check market sentiment with a question not to scrape it?) According to your other post I see you’re waiting for it… Got much invested? IMO crypto markets are evolving exactly like FX did, the history is just slowly but surely repeating itself as in FX, same tools, same moves, same volatility which eventually evens out and becomes more solid. Of course with assets that have no RW utilisation or value it is all about being “tied” to some other asset, but I’d expect some reduction in correlation between certain ALTs and the Mammoths. I don’t know what will happen, but I’m getting ready for less volatile markets, so we will be seeing less and less range of movement on all the assets unless of course they are small enough to be affected by masses and whales or banal pump and dump barbarian tribes. From own trading, which is range trading, I’ve been seeing ranges narrowing down, we probably have time of the year in play as well as Summer is a bit more chill for many people around the world, so they won’t engage in SO much trading, but we just have to wait and see.

backwrds

\> Approximately 82% of adults in the U.S. have at least one credit card, [according to Experian](https://www.experian.com/blogs/ask-experian/average-number-of-credit-cards-a-person-has/). You think that \~20% of people are gonna start using crypto? IMO y'all are getting a little high on you're own supply in this here bubble. Edit 1: Is this sarcasm? I guess it could be sarcasm Edit 2: After looking through some previous comments, I am fairly confident this isn't sarcasm.

TopKekistan76

I like blending both strategies. Have a set DCA amount that is relatively low. On noticeable dips w/ what is IMO over reacting news/negativity (FTX, tariffs, war) I put larger sum amounts in. I’ve never bothered to go back and see if my strategy is out performing pure DCA. My hunch is scoring that larger amount in April around 75k was better than spreading that over the last several months at average prices in the 90’s. Certainly feels cooler LoL

EyesFor1

IMO BTC will surpass Golds market cap...whatever that means.

hiddenintheleavess

Everyone will say more BTC. IMO, Eth is worth holding as it’s essentially the second best behind BTC. Sol I would probably sell but it has potential for growth. IMO, I’d sell the RMNBY and VOO- if you want SP exposure I’d go SPY over VOO unless you’re holding for like 15 plus years. NVDA is probably a keeper, short or long term. GPUs are not going away anytime soon. TLDR: Sell the SOL, RMNBY and VOO. Consider SPY and buy BTC for the rest.

Full-Sound-6269

IMO alts go 30% down more and go up, or they go sideways for some time and go up, it's a good time to load up.

TopKekistan76

IMO there will always be a place for gold but BTC position appears to be growing. More functional, transparent, & seamless.

Ill_Evidence5789

IMO there’s a difference between growing a network and growing a consumer product

longjumpsignal

Any real estate appreciation is likely to be undone by gbp falling. There's very little scope for house prices to appreciate in real terms IMO. Mortgages are shorting GBP so I guess if everything is debt it might not be a disaster but certainly don't pay them off. Tenants have more rights now though and airbnb is getting banned everywhere. Council tax going up etc

No-Journalist4381

I understand your POV, but looking at BTCs performance vs. the S&P 500 makes it hard to justify 80% investment IMO. Also, ~3% of the stocks carry the S&P 500, the rest basically lose money. I think it would be better for OP to do research on which stocks those are and consider investing in those for bigger gains.

HesitantInvestor0

It hasn't been exponential growth, it's been diminishing. 100,000,000 in 10 years or even 50 years would be quite something. I think it's pretty unrealistic barring a lot of things going right, and even more going wrong. It's funny to me that a 10x over the next ten years has become a bearish prediction. People are setting themselves up for failure and disappointment IMO.

kironet996

ETH ETF Staking is the only thing that can shoot ETH above 3k IMO

MichaelAischmann

What risk do big holder pose to the protocol? You can still transact with your Bitcoin exactly the way they can. Bitcoin ALWAYS had big holders, starting with Satoshi wo had nearly 5% of it all by just a few years into the project. If big institutions sell, the price will drop - and recover. Like it did with the China mining exodus. IMO we must get used to a Bitcoin rich list. It will always exist & it isn't a systemic risk to the protocol.

KindredGamer

I know I will get a ton of flack, but yesterday ETH had its largest daily inflow since 2018, supply shock inevitable and "record high" short positions. May not be the largest potential return but safe bet is at least 2x IMO. [https://coinmarketcap.com/community/articles/685e5eb8d64a3f46b33ec0aa/](https://coinmarketcap.com/community/articles/685e5eb8d64a3f46b33ec0aa/) https://i.redd.it/dixbua2c2i9f1.gif

tomsmac

Billions? It’s market is presently over $1 trillion but most importantly, in this latest bull run there’s been an obscene amount of froth that has led to new investors taking on just stupid amount of debt to buy BTC. I’ve read countless stories about people maxing out their credit cards, taking personal loans and even taking mortgages on their homes! And IMO, yes, that will lead to a depression.

IcyDragonFire

>when it rises again It's never going to surpass its recent ATH IMO. >BTC is too big to fail now BTC is completely and utterly irrelevant to anything happening in crypto (or tradfi), except for sentiment. If it goes to zero, nothing will happen technically to other projects, though a price dump is to be expected. Essentially all assets, both traditional and crypto are overvalued, but BTC has no substance backing it up, which is why it'll eventually dump hard.

Use_case_

Turns out it may have had nothing to do with it, as Sessions linked the YouTube explanation and it referenced teaching material concerning "hacking". On the demonetized bit, here is the link for the curious: https://youtu.be/N6Gl4yRqMPA?t=1237 In the same video they discussed splitting Canada apart and acceleration. I personally don't have a problem with free speech, but YouTube does which is the point. He has too much valuable content on that channel to livesteam on YouTube IMO, but it is his call. Either way, it looks like he got his channel back which is good news.

coinluv

IMO Bitcoin has evolved from its original intent. It not being used as currency but as store of value. It is not the people’s peer to peer money to bypass the bankers and gov control but now being hoarded by billionaires, centralized exchanges and now banks and governments are going to stockpile and “custody” BTC. I don’t think fiat is going away although it will be worth less and less. I sincerely hope more average income people buy and HODL before the oligarchs own all the Bitcoin.

Previous-Passage-320

Depending on how much you have in your 401k, you could do a SEPP. Just use chat GPT and it will give you details. Basically you can withdraw early without the penalties. So if you have 20g for example. You could take out $50 am month. But it would have to last you until you turn 59 1/2. But point being unless you want to loose basically half of your 401k I would do this and buy BTC over time. I’m in the same boat. I was originally gonna just take all my money out the 410k, but half is so much. But if it crashes that’s gonna be worst. But at the end of they day, if that happens we will have bigger issues worldwide. So I’m just gonna diversify and keep it. But yes, it is better IMO to stop putting in your 401k unless your company matches. I made more off of BTC in one year, than I did almost 15 years in 401k. But I dint regret it. My 410k is nice, so don’t let people talk you out. Especially if your bad with money. I would say do half and half. Good luck

Previous-Passage-320

Depending on how much you have in your 401k, you could do a SEPP. Just use chat GPT and it will give you details. Basically you can withdraw early without the penalties. So if you have 20g for example. You could take out $50 am month. But it would have to last you until you turn 491/2. But point being unless you want to loose basically half of your 401k I would do this and buy BTC over time. I’m in the same boat. I was originally gonna just take all my money out the 410k, but half is so much. But if it crashes that’s gonna be worst. But at the end of they day, if that happens we will have bigger issues worldwide. So I’m just gonna diversify and keep it. But yes, it is better IMO to stop putting in your 401k unless your company matches. I made more off of BTC in one year, than I did almost 15 years in 401k. But I dint regret it. My 410k is nice, so don’t let people talk you out. Especially if your bad with money. I would say do half and half. Good luck

BaadMike

I am not trying to shill any tokens, coins, or companies, so when I say this, it is in response to your question. IMO, we are still in the early adoption phase, much like in the early 90s when this weird thing called the Internet was being adopted. There are a lot of companies working on crypto payments, like https://flexa.co/. They have been silently working on a payment network that allows businesses to accept almost any digital asset and exchange it fiat or any other type of cryptocurrency (e.g., BTC, ETH, etc.) without tge business needing to buy any new equipment. With the passing of the Genius Act, I think you'll find more and more people start using these new payment rails so you can use your BTC at Regal Cinemas to watch a movie, your USDC as Baskin-Robins to buy an ice cream after, your ETH at Sheetz to fill up your car's gas tank, and your XRP at Chipotle for a satisfying dinner. This is all happening right now. The network is built and ready for mass adoption. It happens slowly, then all at once, and before you know it, credit cards will be a thing of the past, much like 8-track, cassettes, and CDs. A lot of people associate "crypto" with scams, and while there are many scams out there, a lot of it is the lack of understanding about what crypto really is and how it works. I think adoption is going to happen, but right now, it's like watching a pot of water go from tap room temperature to boiling. It takes time, and the longer we sit here and "wait" for it to happen, the longer it's gonna seem. When cassettes first came out, there was a point in time where only 5% or the population was listening to them, and 95% were using 8-tracks. Some years later, no one was using 8-tracks, CDs were the next big thing, but only 5% of the population was using CDs, and 95% were using cassettes. Some years later, no one uses CDs anymore, and digital music has gained the most traction. This will eventually happen with currency. Bitcoin IS the protocol for digital value transfer, so while only 5% of the population currently holds Bitcoin, I think in 10+ years, Bitcoin will be held by more and more people, and used by more and more. In 50+ years, I'm willing to bet that Bitcoin has become the world's reserve currency and be accepted globally.

reddituser1222222222

I would also add that I don’t buy 1 stock with another stock… I sell 1 stock to USD and realize a gain or loss, then buy another stock with that liquidated asset. So little different IMO, but I understand where you’re coming from, similar concept with subtle differences

Broad_Championship86

Crypto ETFs are pure marketing tools, become familiar with the crypto universe and invest directly in assets that you can hold 100%. A BTC and ETH allocation with cold-wallet storage is the watchword (IMO)

Lephturn

USD is the global currency specifically because of the petro-dollar. Pricing commodity futures contracts in USD is why the world needs USD. As the USD is devalued BTC will become what things are priced in. But basically the value of any monetary asset is down to how much of that currency is required to buy goods and commodities. IMO you are thinking of this backwards. The question is, as the USD is devalued, where do you store your wealth? Any wealthy person will tell you how much of their overall wealth is stored in USD cash and equivalents and it’s not much in % terms. The wealthy store their wealth in assets that are solid stores of value (a limited or fixed supply) or in revenue generating assets. Real estate is a fixed supply - they aren’t making any more land. You could call it limited supply as undeveloped land is developed. Gold is a limited supply as it is (so far) limited in supply growth due to the cost and time required to mine it. Any fiat currency has no limits to its supply and governments can create an unlimited amount of currency with a keystroke. Look at COVID. Governments created trillions with a keystroke and you can see the effects. Price inflation for food, housing, healthcare, etc. Massive price increases in stocks and real estate at the same time as large parts of the world’s economy was “shut down”. There was less production and less value created yet stock prices shot up. Real estate prices shot up. That’s is nothing to do with the value of those assets. The assets did not suddenly become massively more valuable. The currency became massively LESS valuable.

ConfusionFar9116

Absolutely not IMO. The 1M valuation for a BTC isn’t because you buy groceries with it, it would be because it’s being used as a reserve currency/settlement layer between nations. Why would being able to buy a snickers with it drive the value to 1M? You already can with a single extra step

CaptainK718

I lost my sh*t when BTC hit $10K. Thought it’d be impossible. Now IMO, 1M will be a lay-up.

oprahfinallykickedit

This is the crux of it all IMO. It’s the safest, soundest, most trusted way to transfer value that has ever been created. People also seem hesitant to the idea that operating at a fractional unit of a bitcoin is possible. I think it’s inevitable, but that’s me. Bitcoin is a network of 21 million coins, but those coins are divisible down 8 decimals. We still think in full coins and that won’t be in conversation much longer.

tomsmac

“Who said the goal of BTC was ever to be sustainable?” IMO this answer hits target. And if it’s not sustainable, by definition, it will collapse.

absurdcriminality

I wouldn't call it a trick because you can get a bounce at a certain level thinking you bought the bottom, but the chart could then drop even lower. IMO fibs only make sense on the daily, weekly or monthly timeframe

GIGAbtcHodl

Yep, IMO that's the only way of thinking these days. Because money will be actually saved, nurtured, taken care of, instead of lost at the next massive $$ print out

sgrinavi

With the ALL-CAPS title I was expecting a revelation. IMO it's going to be the usual, a couple of weeks after BTC makes a final push, I think this time is going to be less drastic as we don't have the retail participation that we've had in the past and the liquidity is diluted.

Case-Beautiful

To be honest it seems like your plan is a little too complicated. IMO the best security that you can have is discretion and keeping your bitcoin stash a secret. Your seed phrase split up into 2 parts and hidden in your house and one in a safe deposit box. Unless you are protecting millions of dollar of BTC it's not worth trusting it to a complicated and convoluted multi sig setup. If you had millions or hundreds of thousands then store it with lawyers or something. I'm no way an expert and don't know exactly how corporations or Microstrategy store bitcoin but I feel that lawyers are the best only if it cost effective for you. I'm curious to hear how other bitcoiners would approach this problem.

solomoncobb

And how the fuck do you think you are "more than a carpenter"? If you're a teacher, who will you teach if people don't have homes? And on what if you don't have desks? And in what if you don't have schools? You're ignorant. I wouldn't allow you to speak to my child. Let alone pretend to teach anything. You're too opinionted, closed minded, and prejudiced to be a teacher IMO. I don't believe for a second that you're a good teacher or ever were. And I doubt that you have or ever will make more money than I do. I can't afford insurance, because I'm not willing to pay the price for it. I also can't afford to buy a corvette. It would be a waste of money. I'm buying a home, cash. Because I save my money. I bet you have a mortgage. I bet you have a few credit cards too. I have a good score, but I don't borrow money. If you haven't paid off your home, you're worse off than I am. If you still owe any debt, I'm doing better than you. I don't owe a dime anywhere. You're a stereotypical suburbanite. Living in a borrowed home, on borrowed time, driving a borrowed car. The bank owns you. And they own the insurance companies too. And when you need them to actually give a fuck about your life, you're gonna realize you've been ripped off. Maybe you won't. Of course I haggle over prices. I haggle over any price that's exorbitant. And I tend to win. You don't have that option. I'm a free man. You're a slave and a coward. That's the reality of this situation. And if you're a teacher, you're raising generations of cowards like cattle herded toward the chopping block. And you're proud of it. That's just insane. Insane. I really am baffled by how twisted the human ego can make a mind after years of life, spent defending mistake after mistake after mistake, until you recommend the same mistakes to others, teach them to children, and advocate for businesses using peer pressure as if they paid you for marketing consultancy. Just literally insane. And sick. To me, all I hear is sickness and ignorance. You'll have to simpky accept that is my opinion. And I'm not alone. Many younger people in this world are waking up to reality, and they won't do what you did any more. People like me end up traveling the world working odd jobs and doing all the things you waited your entire life to do, right now. Which is how a human is supposed to live. Real freedom. Simply because we no longer fear poverty, or uncertainty. What we fear is living like you. And I suspect at some point in your life, you knew better.

NaplesBeach_4Evah

I’m 53 yrs old. I bought inside my Roth to avoid taxes. (I bought Van Eck spot BTC). I have 4.6 worth ($500k)(bought at peak, of course). Yes, I know, not your keys, not your crypto. But I’m not a newbie at crypto. Crushed the mad rush in 2017 and again in the early 2020’s with altcoins but now I’m only BTC. The days of the Wild West of crypto are over, IMO, and BTC will be the best long term investment ever. I’m comfortable having exposure through a third party

Logvin

I don’t understand why people get excited about states investing in Bitcoin reserves. But this? This is the Gov saying that Bitcoin is a legitimate asset that may be used as loan collateral. It’s a big deal IMO. I don’t see it as tampering with crypto as much as stepping aside and allowing it.

BlackDog990

You're too late to turn an insignificant amount of wealth into a large amount of wealth in a short period of time, if that's what youre asking. Is it too late to put what wealth you do have into a high performing asset that will (IMO) perform better than just about anything else you could think of? Never.

Solid-Fudge3329

IMO you should be at least slightly above average to appreciate BTC and what it represents... It's not obvious.

UncleZad

Yeah you're absolutely spot on, and they're constantly doing new updates to the website with token distributions and launch options. The main thing is its a natural growth, they aren't employing KOLs and influencers to fake pump the token. Build a stable floor and keep moving. This a hundreds of millions token IMO, just gotta hold for the long term! I highly recommend downloading TG and joining up, I dont have the official link on hand but if you check their X page it has all the socials there

UncleZad

Yeah you're absolutely spot on, and they're constantly doing new updates to the website with token distributions and launch options. The main thing is its a natural growth, they aren't employing KOLs and influencers to fake pump the token. Build a stable floor and keep moving. This a hundreds of millions token IMO, juat gotta hold for the long term!

GIGAbtcHodl

IMO it must grow, huge corporational inflow trend is noticed and it should continue. I don't think it is going to be exponential tho, BTC is not a hype game anymore. Would suggest doing your own research and then deciding if you want to stay in the game.

oprahfinallykickedit

It's only stupid IMO if you're keeping those 'profits' in a fiat currency. If you turn your profits into a new phone, the down payment on a car or a house, then it's *very* cool.

tontot

Yup I treated BTC like a savings and lent it to Celsius for % interest plus the price will going up Asking me how I feel now Selling regularly to meet your need IMO is a good way to DCA out if you have more than enough BTC. That way you don’t have anxiety to sell at the top

Redhaired103

I'm very pro-individual budgets in a relationship. Like a couple CAN and SHOULD have a joint account. But they should also have individual accounts and make whatever they like with their money. I consider that information private too. Not a secret, just something private. This is financially wise and IMO responsible way to go on about this. You are a couple, but you are also individuals. I get the impression the main problem here is that you didn't have a conversation like this with your wife? I think that you should. Bitcoin could be considered your own individual account/budget/investment. And note that in ANY different scenario, people ALWAYS lie. I have seen it again and again. They lie about the price of that perfume, or hide that lunch they had with their friends, or something. People should allow each other (financial) space in a marriage too.

Particular_Pop_7553

So what about Alephium? It actually is solving issues like reentrancy and MEV attacks that plague Ethereum. I don't think any other chain has touched on this. It also makes tokens themselves a native asset so you have full control over them. Uses sUTXO as well, essentially just UTXO like bitcoin but also account logic for SCs. Also custom language called Ralph which does things like explict asset approvals,built in annotations, and its syntaxs makes ralph more simple than say solidity. Did I mention it uses proof of work? So full network security of bitcoin. It also uses something called BlockFlow, which is pure atomic single step sharding which has also been abstracted away. Something to keep your eye on IMO. Fundamentally it does something different that no other chain does. Actually fix shit.

BQbaobao

Buckle up. USA done in iran for now. Iran havent closed the strait of Hormuz yet. If they were going to they would have already. But with the symbolic attack todays, its clear to me that they likely won’t at this point since they’re afraid of pissing off trump. Meanwhile tens of billions in shorts lined up for a squeezing. IMO if you arent long right now, you are going to find yourself severely offsides.

abjones97

fees and spread on normal Kraken are bad IMO, sorry Kraken Intern, Kraken Pro has better numbers in your favor.

BonjoBonfyer

Oooph…hard lesson for the OP. IMO that is a huge amount of money to put into only three cryptos . Bitcoin would have been the better one to invest in for a long term investing type Grandma. It has the history of having a long term advantage. I’m new to crypto too but I have a spouse who has invested previously. I’ve doubled my money on Bitcoin in a year. Bitcoin volatility/stability is much more easy to follow than most other cryptos.

reddituser1222222222

Agree not yet, but in the near future? I think so. As regulatory approval comes and more players shift to the blockchain/web3 space, the rest will follow. Hard to say exactly when that will happen but inevitable IMO

solomoncobb

Who's refusing to use modern medicine? We refuse to pay unaffordable prices. And what will happen? Prices will eventually go down. It is a supply and demand issue. We ate taking the route of activism, IMO. You are willingly overpaying within a broken system, and think that makes you better. You sound like a rich southern baptist who believes poor people are evil.

JustinPooDough

Depends entirely on how they acquire the bitcoin. There's no reason many cannot exist if they acquire BTC in a sustainable manor. **The other possibility:** Enough of them emerge prior to the next bear market that supply becomes the predominant driving force of price - essentially enriching all of the BTC treasury companies that already bought in. This is also possible. IMO the latter situation will eventually play out, will likely result in a massive squeeze, followed by a sell-off, and then a gradual but constant ascent back up.

respectandmanners

"the war in Iran is practically over now" Oh my, that's the hot take for the day, IMO. YMMV.

McDrains22

If you have conviction in the project/s you picked it’s only about the amount you have and the market cap. The price isn’t too important yet. IMO. Grab $1400 worth of something and watch it drop 50% with the market. Have the fundamentals of the projects changed? Usually no Especially those that built in the bear and still building. Hold and wait. I don’t know what will happen with the economy and crypto but I would rather risk what I’ve got in crypto and go for a 100X (mine will I know that’s fact iykyk and no i won’t shill it) vs having cash you might blow on a vaca or something. I say hold and pray. Many in past cycles wished they had help

m0r0_on

Fair question, as u/Boogyin1979 pointed out, core as a big development team, which reduces chances of vulnerabilities, increases output of features. Whereas Knots ia a fork of core, that has effectively one Owner and Maintainer, you can imagine what that means for security and maintenance of the software... It's a bad choice IMO

searchingtruth1

Ask yourself why, if this "tech" and the projects behind it, hasn't Amazon, Apple, Google or Microsoft been scooping up these for big$?? Those guys don't let gems slip through their fingers, ever. Also, why is there almost no independence in price action? When its green damn near every ALT project is up about the same, Red same thing but down. Too many scams n scum still, retail is broke and not coming back IMO. Not worth the risk without legit shots at 10x+ returns anymore...