LONG

Silver_Blackberry828

I would say buy it. Just keep in mind you won’t see profits overnight, think LONG term.

PresentAdvertising29

Meaning, if it crashes to like a $1000, use your dry powder and buy as much as possible? The biggest problem with that approach is that all of us here would use it up LONG before it got to $1000!!! And with that kind of crash, bitcoin might never recover anyway. All trust would be lost in any "store of value" that violently loses it all.

lllAgelll

I get that and I see a point, but I also see a lot of "unanswereds" is my issue. like if bitcoin (I'm using it as an example since its clearly the most profitable) becomes the future what exactly is the gain? currently most people claim its instantaneous fund transferals, but that seems like a very small QoL change, for such a drastic upheaval of our current system and the decentralization seems only legitimately useful if it becomes the universal global standard. without global adoption. the decentralization seems hardly of any value because all that's gonna happen is each nation is gonna make their own national crypto and we are back at square 1. I'm fine with moving towards world unification, but our modern politics kinda proves that isn't gonna happen for a LONG time.

JeopardyQBot

wow that almost a 2k 1min candle on btc IT'S BEEN TOO LONG

AnoAnoSaPwet

I understand PoW makes sense if you mine it. Even at loss. That is where BTC succeeds. Because you are getting it essentially for free, you have to pay after you acquire it, vs. everyone else who has to pay first before acquiring it? Other than that, I've never understood buying and holding a PoW cryptocurrency? It's meant to be sold, used, traded, not held.  PoS is meant to be staked to support the network.  But BTC lost its base function a LONG time ago. 

Hot_Establishment216

It's possible, but not always. Where you're in control- only you can sell at a loss, it's a voluntary act. Pick a crypto you trust will grow, even if there is a dip. Eth would not be my choice. I don't like risk and would only say trade with BTC Where you're not in control- a day or days might be a consistent dip, meaning nearly zero opportunity for profit. My honest suggestion, if you want to do this: - only do this with BTC. If you want risk and to consider alt coins, take a look at the current price and take a look at its history. You'll see the floor of that coin has been WAY lower than the current price. Consider that floor is possible again and could lock you out of selling that entry for a LONG time. - define mimunim price differences to ensure profit, factoring in your fees. - accept that your entry may be lost to a dip. Don't sell at a loss. Psychologically, you can just compartmentalize that's your long-term DCA. This is your biggest risk to loss, as long as you don't choose a coin that never recovers from your entry. - keep track of every entry and it's price point. That way you can always track the sell you need to make a profit from that exact transaction. Just know, this takes a lot of attention and effort. A lot. Taking advantage of regular BTC volatility over the weekend I made over $400 and I was constantly monitoring. Depending on your day job you might want to consider a couple/few trades a week.

PangolinIcy3868

Bed snacks...convenient toilet at the end of the bed....any grizzlies come near...just shove em in the toilet? It would be a LONG week...but 1BTC per night? Yeah...I'd be tempted by that!

JerryLeeDog

2 years is a timeline for ants These are LONG term holds. You will actually be better off than people with access to their accounts. Most people who dont fully grasp Bitcoin cannot take the volatility Anyone asking about a 2 years hold falls into that category

DankMaster91

Gold is at an ATH id appologise for getting her to jump in on a very volatile market thinking it would make her millions!! and talking her out of one of the most stable investment u can physically peruse. The fact your asking the question on what she should do shows that tbh you have little understanding of the crypto markets so to even recommend this to her without a detailed explanation of the fluctuating markets. Potential loss and HOW LONG SHE WILL BE EXPECTED TO HODL BEFORE ANY FINANCIAL GAINS (1 day - 5 years+) was a bad decision on your part. I’d advise she holds this until a time she can pull it out with as little loss as possible. Or make gains explain it’s a long long term investment and over the last 1-2-5-10 years it has gone up XYZ amount. But learn from this. You are not a financial advisor, financial advisors advise and take the risk of their information on their reputation and business. Some1 with little undertanfing that seen some tick ticks about millionaires and some people who have got ‘lucky’ isn’t ideal You’ve basically talked her out of fixed secure investment and sent her to the roulette table 🤣

Stunning_Garage_9012

And this is what you call a LONG CON!

debtfreegoal

I remember encrypting .dat files in an encrypted folder or such. (It was a LONG time ago in my brain.)

Antbatz97

I dca on cash app and impulse buys on strike when its dips HOLD LONG TERM

ALth0r

man, i tried to do the same. But got called a fud'ster. Sometimes u can't help those people, they just WANT to believe and refuse to see logic. the truth: EVERY SINGLE PUMP this president cause is gonna be followed by a dump. Not only he is manipulating the market for his own gains, but everytime it's barely anything of consequences. This pause in tariffs is proof. There is STILL 10% tariffs on the world & 100% on china. AS LONG AS he keeps interfering with the markets, they will tank. Once he stops, they will, MAYBE, start healing for real. now believe what u want ...

ArcticSnowMonkey

my plan is to cash out in about 15 years. I do not care much at all what happens to the price between now and then. It’s not my main investment. I’m hoping it will go up of course, I will look at it again when Trump leaves office. I occasionally buy some, i dont even wait for a dip. Im in for the LONG game.

Tasigur1

Jim Cramer said tomorrow we will have a "1987 Black Monday". LONG 10x my sons 😏

BreadNugget

it's wild I listen to the radio on Saturday driving sometimes and they trashed BTC ALL DAY LONG. It was so pathetic to listen to these investors have no clue about any of it giving financial advice. I wanted to call in so badly but I just tuned out.

SGS0108

Thanks bro as I already lost 3500 in a scam in a totally unrelated matter but a bitcoin company scammed me by not paying out right away, and then two weeks later responding after I threatened legal action but sadly lost 1 of 3 receipts I needed. It’s my fault the receipt was lost but money should have been paid out that day yet they accepted my money knowing the machine only had 500 to pay out on a 4k transaction. I took a huge fit on the support guy and so he didn’t want to help… Now I risk losing another 2k if a dispute doesn’t go my way when I did everything 100% by the book right. However the admins won’t fing respond in the chat to my dispute claim, as it’s been over 14 hours now. THEREFORE, I WANT, NEED, TO KNOW HOW LONG IT SHOULD TAKE FOR THE DISPUTE MANAGER TO RESPOND TO MY DISPUTE CLAIM AND HOW LONG DO I WAIT BEFORE SENDING AN EMAIL TO SUPPORT ASKING WHAT IS GOING ON. I feel I would be justified in sending it now, but really don’t want to annoy the admins as I cannot afford to not have this dispute be settled fairly in my favour as I did nothing wrong by selling btc and asking for my payment but payment was sent to the wrong email/bank account (which is why I asked for support to see if I’m as justified in others eyes as I am in my own eyes).

Tasigur1

I called him. His answer was "go LONG you little worm" 🫠

separabis

I love when random people make blanket statements that aren't based on any facts at all. Here ya go ya big ole mo, let me break it down for ya. OWNERSHIP HAS BEEN ABOUT 50/50 FOR A LONG TIME. YOU LITTLE REPUBLICAN CHILDREN JUST CRY SO LOUD IN THIS SUB YOU THINO YOURE THE MAJORITY. "They want people to grovel to the government for crumbs" And what, yall just wanna crash the stock market and start a trade war against our allies? You're a fucking clown.

Weary_Two_254

No problem! I went in after selling a house so I purchased big coming to the dance late. I’m invested in both real estate and bitcoin… I was gonna get into precious metals like gold, which are always a good bet but you have to really be in the long LONG run for precious metals to hedge against inflation. so I’m going with what I think are the two best bets… Real estate and bitcoin. I’ll tell you this when I first purchased, I was anxious as a mother!

I_argue_for_funsies

Is he? The word existed LONG before North America was even discovered. https://en.m.wikipedia.org/wiki/Doge_of_Venice

Altruistic-Loan-2271

Why does everyone start screaming “crypto is a scam, the market is a scam, stocks are a scam” every time we see a correction and the market turns red? I’ve been trading for 6-7 years, and every time we get a pullback, the same reaction happens. But guess what? The overall trend is still up. Open a Bitcoin chart, draw a trendline, and you’ll see—we haven’t even broken it. We’re still holding above key trend levels. This is a normal correction—without corrections, the market cannot grow. That’s basic technical analysis. Apply at least a minimum level of TA, and you’ll see there’s no reason to panic. Or maybe… you’re a secret agent of the bear market trying to spread FUD? 😏 But listen, even though I’m Grizzly, I always trade LONG—I’m always on the side of the bulls. Open the charts, do your own fundamental analysis, and stop panicking. These are the best opportunities to average into your positions on spot or take advantage of futures trades. Just use this chance instead of selling in fear. Never panic. Believe in Bitcoin. The power is on our side. 🚀

Mysterious_Try_7676

Gimme the cash Been waiting long? LONG ENOUGH CM ON GIMME THE CASSSHHHHHHHHHH

AdeptnessLow3401

$Catbat is my fav, though I'm sure all others are nice projects too. Catbat's tool ClaimMyCatbat allows you to recover some money from rugged coins and converts it into valuable $Catbat. Check it out here: [https://claimmycatbat.com/r/msbaggins](https://claimmycatbat.com/r/msbaggins) Rug Pull Therapy Sessions each Sunday at 19 UTC on X provide valuable education on how to deal with loss, avoid scams and improve investment choices. ScamScout will be the most advanced scam detector. LONG LIVE CATBAT! 😁 

Veganarchyst

It's called Bitcoin It's done this same kind of thing since forever An almost 40% drop is totally normal You watch Bitcoin from afar It's a LONG play, not a daily, weekly, monthly play, not even yearly, it's decades, just like your 401k If you are ready to sell and freaking out because it's dipping then you don't understand Bitcoin

itsmyfakeone

Anyone remember the “CRO to $2” guy? He posted everyday for SO LONG in the daily. Wonder what that poor bastard is up to lmao

CocaBam

You're reading it wrong, they arent questions, they are facts about weaknesses. You're also just putting aside the problems with your points rather than addressing them. I've been in this circle since 2014, I've had all of my questions answered for a LONG time. \-Giving access to your wallet to services that give bitcoins to loved ones is **obviously** problematic for security reasons. \-Blockchain is heavily flawed. Requiring electricity for existence is problematic, as is requiring processors for the blockchain to run on. These are barriers that nearly every other currency does not face. \-Anonymity is a benefit of other currencies over bitcoin, such a fiat and gold. I highly suggest you thoroughly research why its essential long term. \-Having fees is a money and energy sink with no returns. Gold has fees/energy requirements to process and refine, but yields a physical material versus bitcoins inputs only yielding a factually valueless transaction on the blockchain. Having a return on energy is essential for long term sustainability. \- Under 2000 wallets currently hold half of the possible bitcoin (\~11m), before accounting for lost/unobtainable bitcoin. Those 2000 wallets could very well be held by under 100 people. This will only get worse, and just like meme coins, too much holdings by 1 person will devalue the coin completely. AND Yes, I compared BTC to memecoins, as they are built on the exact same system.

Veganarchyst

If you don't Bitcoin you will regret it Bitcoin is a LONG play, not a dabble thing To think it was less than $1 in 2009 and has now hit over $100k is crazy But if you don't invest, in 4 yrs you'll look back and be upset because your whole retirement will have been covered (& more!)

AnoAnoSaPwet

It's inevitable with very poor decision-making. When the current strategy is to pair cryptocurrencies with our current stock market and our current stock market is in a downturn, it's inevitable for crypto to have downward pressure.  BTC Dominance is still remarkably high, which is good news for BTC, but not much good news for the market overall.  We're still a LONG way from adoption.

Possible-Local-9357

I got in during December and I don’t regret it even though I’m down, the only thing that will keep you sane is research - don’t rely on Reddit discourse for this or predictions. People don’t know, I enjoy the discourse around crypto and it’s interesting learning about others strategies. The number one thing to remember is accumulation of coins, yes buy more when it dips but you’re like me (playing catch up) - we’re not alone The fact is you’re here now - DCA what you can afford and remember the bigger Macro picture - the world is going more digital and the current financial system holding enterprise back so the transition is going to happen no question Luckily - the car crash that’s going on with Trump just goes to show there is a LONG way before anyone takes crypto seriously and regulation is going to take time - also crypto just looks like dogshit to the average person which boils down to this being the single biggest buying opportunity you’ll ever get - be smart keep the blinkers on

Adorable_Exchange223

You're betting that your assets will appreciate in value at a higher rate than the interest rate on your debt. E.g., you own $100,000 of bitcoin and use it to borrow $20,000 (since you have to overcollateralise your loan) at 8% interest. Over five years, you pay roughly $1,600 in interest per year, and $20,000 back at the end. So you have to pay back $29,386 in total. Over that time, bitcoin has quadrupled to $400,000. If you'd sold $20,000 of bitcoin at the start, you'd have missed out on $60,000 of gains ($80,000-$20,000), AND you'd have had to pay capital gains tax when you sold. So borrowing works out much cheaper AS LONG as you believe that bitcoin will ourperform your interest rate over your time horizon.

soliton-gaydar

That's... That's TWICE AS MUCH, ##FOR HALF AS LONG!!!##

Massive-Current-7370

FAKE NEWS! Government sources say that currently cryptocurrency reserves are an unfair solution to maximize the federal budget. Apart from BTC and ETH, certainly XRP, Solana and Cardano will not be part of this strategic reserve due to the massive investments of Chinese miners in these cryptocurrencies. My predictions (LONG TERM!): according to the most plausible rumors, the strategic reserve would rather include the cryptocurrencies DOGE, TRUMP, AAVE, MOVE and STETH (Trump's portfolio of cryptocurrencies), besides BTC and ETH. Trump and his circle of partners are trying to maximize their gains, being his last term as president, and the polls show a fabulous return of the Democrats to the leadership of the state.

choicehunter

I like to buy when it's going up.... And when it's going down... And when it's holding steady....and when it sneezes....and every time I get paid... And on days of the Honestly, if you have any amount of disposable income and you're just going to hodl for the LONG term, then there is no such thing as a bad time to buy more.

Dewnami

How could you vote for such an incompetent idiot who has a LONG track record of being a con man? I mean he has the spelling acumen of a 3rd grader. Is that not an obvious indicator of what an idiot he is?

Tasigur1

Most likely Trump insider going 50x leverage LONG? Ok buddy, thanks for being Jim Cramer 🤣 It was a nice bull run folks.

AllCapNoBrake

It's LONG been dead. When was the last time they hit ATH?

svenskpaj

First and last short term goals will get you wrecked, Trying to fgure out the markt will get you wrecked. The only people without inside traiding wizars traders that makes a profit in the market are drum roll LONG TERM HOLDERS. So who cares !!!

RamboMamboJambo

Trump doesn’t understand crypto. Whether you’re MAGA or not, he sees this as another opportunity to make money. Nothing more. He has LONG history of sticking his name on anything that will turn a quick buck. Steaks, trainers, bibles, planes, casinos, NFTs, Coins. He leaves destruction in his wake with everything he touches.

aside24

Long overdue. LONG overdue Can see it going to 4-5 USD this year for sure

Marcg611

I think this is another stupid post that should be removed by mods.. ZOOM THE F*CK OUT. WE ARE LONG TERM, THIS IS A DISCOUNT SALE!

CoolCatforCrypto

Fuck you Trump bullying anyone. the US is the one being bullied by everyone. Massive Trade deficits with china, uk and canada. They won't drop their tariffs on US imports? Fine. The US will match those tariffs. THIS NEEDED TO BE DONE FOR A LONG TIME. We're getting crushed in international markets and Mr T says enough! The US is the biggest, richest market in the world. EVERYONE wants to do business here. This will work itself out. The whole world sets its hair on fire because of a few tariffs. Whiney little bitches.

DUZZIARROI_THE_BLACK

I don't give a crap about high fees. Choose whatever platform that's trustworthy,have high liquidity,low transaction fees. Use the best you have. Do research on different exchanges. For me I don't have much options except Luno. Anyway it's a platform to buy Bitcoin,then will move to self custody. Next,you need to read more about how Bitcoin works mate, no need to be too technical but know the basics. Hardware wallet will generate the 12/24 seed phrase. Must remember this seed phrase otherwise you will lose your Bitcoin if you forget. Seed phrase will be like a master key that can give access to your wallets. It's known as recovery phrase/mnemonic phrase. Your Bitcoin is stores on the Blockchain,a public ledger. Not on a hardware wallet. Hardware wallet is to store your private key only. If you lose your hardware wallet you can still recover your Bitcoin AS LONG AS you remember your seed phrase. People likes to buy steel plate and carve their seed phrase in it and store it in somewhere safe.

Happy_Menu_6239

SELL NOW!! BUY BACK AT THE BOTTOM! BIT COIN IS CYCLICAL. SELL AT 80 BUY AT 30. THEN SELL AT 100. LONG LOVE BTC not financial advice dyor

GermantownTiger

Investing in BTC and ETH (maybe HBAR & ICP, too) is like investing in biotech stocks in terms of volatility. You have to allocate capital in these carefully FOR THE LONG TERM (think 5 years or longer)...cryptos are impossible to trade. I own all of the above and have made some crazy good profits on some, but they all only total a small portion of my entire investment portfolio. This pullback in the grand scheme of things is meaningless if you're investing money for the right reasons.

LAGameStudio

LONG on BTC = Wins SHORT on BTC = Losses

johnEd33

Buy btc with your savings. It’s cheap today and you can rest easy. Bitcoin is a LONG term wealth preserving savings device. Forget the circus coins. If you want to invest put your money in startups and or stocks

Icy_Acanthisitta_345

STAY THE COURSE!!! Remember this is a volatile asset and a LONG TERM INVESTMENT!!

CollapseKitty

You bought the top, friend. There's a LONG way to go down still.

inasense2

Bro im being genuine when I say this, dont tell anyone and if you have keep an eye out. Whether its your closest friends or relatives. Ive known people that have gotten kidnapped by their CLOSEST folks for their wallet. So again, KEEP IT TO YOURSELF AS LONG AS YOU CAN.

parsennik

Let it rise. For a LONG time

jaeldi

That won't happen until the uninformed, say like your grandma, are spending bitcoin more often than US Dollar without any thought or any effort; when dollars are measured in bitcoin, not the other way around. We're a LONG way from that.

muskelongated

No reason to believe ADA or KAS will. The institutions that would be most likely to file the S-1 don't even have indirect exposure to these in their current ETF's or trusts. Have never expressed interest either. And neither has retail on SRO exchanges. Canary, CoinShares and Grayscale loaded up on an amount of extra LTC, XRP, HBAR, and SOL sufficient enough to supply the underlying asset detailed in their S-1 spot ETF filings because those are the coins they want a spot ETF for. Same with NASDAQ, NYSE Arca and Cboe. Hence their 19b-4's on behalf of the ETF applicants. Hoarding an off-chain supply of KAS and ADA sufficient enough to fill ETF orders is something they're NOT doing. Nor are they filing any S-1s for them. The initial existing S-1s were filed last year in succession. They'd have filed the S-1 for ADA or KAS by now if they gave a flying fuck. Anyway, the underlying supply is secured LONG before SEC rule-change approvals for new financial instruments on SRO exchanges. The increased exposure to retail on NYSE, NASDAQ, etc doesn't have any direct affect on the coin's volume what so ever. None. Zero. Full stop. Any extra momentum would be CEX and DEX traders responding to news and FOMO.

Ronlo2120

Realize this LONG TERM. It can be difficult to watch daily. I watch prices bi- monthly, write them down, if they are down, I buy. Cannot buy ALL THE DIPS.

The1WhoDares

Yeah I bought from 2.6-3.3ish. I have quite a bit of my portfolio in ETH & SOL. I’m not touching it for a LONG time. Let’s see what BTC does first

waston_

Firstly just to cover my ass this is not financial advice (clearly you shouldn’t take my advice on crypto)🤣no I don’t believe this. Firstly it will take a while for btc to reach the same MC as gold and secondly, it massively depends on how it’s adopted, who owns it etc. currently, basically every functioning government in the world has a huge gold stockpile and will likely never really sell it, or they only will in small Amounts. Because of this, that’s why gold is such a stable investment and is not inherently volatile. I think btc although it’s undergoing increasing institutional adoption has a LONG way to go before it reaches this level. We’re seeing promise, but it would take a lot more government adoption of btc as an actual reserve before we start seeing it move like gold. Another consideration is that gold is not only a valuable material as an investment, but it has real world utility in regards to luxury items/many more products. Btc is strictly an asset, and doesn’t translate to any physical value. I do think long term we will see btc move like “digital gold” but there’s a long way to go before this!

Aggravating_Reach751

Listen you sound young, if you're going to go long go LONG and DCA as often as you can. Keep putting extra cash in, do your research, get into the stock market and also buy gold. Keep stacking. You're $40 isn't going to do anything remarkable.

EcstaticTreacle2482

More than 25% of Mexicos exports are purchased outside of the US. China is already Canadas second largest export market. Both countries have retaliatory tariffs planned and are ready to enact them. Both countries will turn to China as a new trade partner. If Trump keeps threatening tariffs, they will be prepared for them in the future. The cutting off of trade with our largest export markets will negatively affect US manufacturers LONG before any supposed benefit of bringing offshore manufacturing into the states takes effect.

trdpanda101410

Well you see... im that bracket that makes up to $47,000 /year. Long term capital tax rate for my bracket is 0%. I don't see my income increasing dramatically for a LONG time. So from my perspective, it's like this. Bitcoins a long term investment if you want to make some real fucking money. Just HODL. Sure it'll dip in price but as it's shown, with enough time, it comes back 2-4x as much. Wait out 4 or 5 cycles and the money really starts to "come in"... i put in parenthesis because it's still, and always will be, the same amount of sats... Want a tax break? Be poor. For once, being poor literally pays off... let's all take a moment for this small win to help pull people out of poverty that learn that anyone can join the stock market.......... that's enough. Start stacking sats. Start holding. Forget what's invested and for how long. Just wait. Eventually the gains outweigh the taxes to a point you don't care about the taxes involved. I'm talking my 4k to 40k run that was profitable as fuck. 10x return with 0 tax penalty? Hell... i would have paid the 15% and still made money. I'm not greedy. I just want a future

ValakDaOG

Wintermute ???? THE LONG DARK MENTIONED 🗣️🗣️🗣️🗣️🗣️🗣️🗣️

DontJimmyMeJules_

Just grow a sack & buy ffs. With these questions. LONG TERM, it's going up. This is programmed.

BuyandHODL2030

Stick with BTC, ETH and DCA. Focus on long term growth. Only hold 5-10 percent in alts that you believe have LONG TERM potential after doing actual due diligence...NO MEMECOINS!

1infinite_half

Exactly. Long-term investment is LONG-term investment. The ATH this year is a number people wish they could buy for in five years.

Sletts

SPU is the cure-all for rug-itis. Love the community, love the art. Definite LONG term hold on this one.

3D-Dreams

You have to understand that about 50-70% of everything you hear about crypto is hype from people and BOTS trying to profit off it. They will lie, tell you to buy the dip, hodl etc whatever it takes to get people to put more money in. The only way people will make alot of money off it is by cashing out alot of it at a high price which makes it crash and someone HAS to lose. Period. People will learn that soon enough,if Trump coin hasn't taught them yet. Bitcoin is the only one I see as a viable LONG TERM investment, but even that could fade because, after all, you can't make money off of fake money without someone losing on it as well. Balance. And for any of them to be usable as real money it has to stabilize. Because who wants to take 50 in crypto for payment just to have it become 25 before you even cash out.

BROnesimus

This is a great idea AS LONG AS YOU DONT SELL IF THE VALUE DROPS. IF BTC enters a bear cycle and drops to $60k, you need to be okay with that money being stuck for a few years. If you are likely to panic sell, then you’re better off in a money market account. 🤣

jrodshoots

Don't listen to these people on a crypto sub telling you not to buy crypto... like wtf lol! We're just about to hit the point where BTC every 4 years has gone nuts. It's happened everytime. Might not happen again but if you're pattern person this is a great time. It's also very clear institutional and government sentiment has gone in favour of crypto so I think it's definitely the right time to be entering or building a position in something LONG TERM if you're willing to ride out potential -20% or more crashes. BTC is OG will probably always do well. Basically there's BTC and... everything else vying for 2nd place. ETH is slow like a dinosaur but has heaps built on it already and probably won't go away. No one new in their right mind would pick to build a brand new thing on ETH over several other chains. SOL is going nuts thanks to gambling and plenty of new projects building on it over the last couple of years. SUI is probably going to be the most 'stable' alt coin IMO but I don't think you should be buying anything but the 3 above if you're brand new. We could crash any moment so you need to be prepared to lose that $40k. But long term I think it's the best possible risk vs reward you can get in the markets right now. So... really... it depends on your risk tolerance. If you're happy to lose it all then jump in with it all. If you wanna get a feel for crypto put maybe a few k in and sit on it for a month or 2 and see if you can handle the massive down days that will inevitably come.

radiocrime

Yeah, we’re still early enough that most people don’t know the difference between “crypto” and “bitcoin”… When people talk about BTC the same way they talk about Trump coin, I just die a little inside. The willful ignorance is astounding. We just have to remember that the fiat scam has been the system we all have lived under for SO LONG, that waking up from that brainwashing is a difficult process for a lot of people out there. But once you “get it”, it’s hard to understand why other people can’t see what we see since it seems so obvious!

T-Shurts

By buying it… I’m still A LONG way off.

Yabutsk

That's pretty much the answer every time....whenever I see these I just know that most everyone would've cashed out LONG before the current price, esp considering how volatile price action has been in the past

Prestigious_Long777

1. You’ll be LONG like extremely LONG death by the time the last BTC is mined. (~2140 should be the year we mine the last one). 2. Generally after it is accepted that the network/transaction fee’s would be enough incentive for a miner to keep the rigs running. 3. What if EVERYONE hodls EVERY SINGLE SAT ? Well, Bitcoin would keep existing, so would the network, there would just be no data or transactions to process, generating no fee’s, so we probably wouldn’t mine the next block until we have an incentive to ? The security of the bitcoin network is validated every block, if we mine no more blocks, there isn’t anything to be secured / validated. The only reason we need bitcoin’s protective measures and thorough validation is when it is being used for transactions. If there are zero transactions globally, and all BTC are mined and hodl’d, what the fuck are you going to validate / secure ? There’s 21M BTC out there, doesn’t exactly need to be validated.. so your entire question kind of collapses on itself. For your 2nd question - If BTC crashes extremely hard a lot of miners will be turned off, reducing the total hashrate, at which point it would be interesting for someone else to turn on their miner. It will always be worth it to mine bitcoin in some place, country, region.

hivibes777

How long would it take someone taking YOUR money away from YOU before you stood up for YOURSELF? ONE WEEK IS PLENTY LONG ENOUGH SMD

SouthSeaCo1012

"One day" will be when you look back and realise your BTC account has yield in excess of 50% pa over a couple of years. Then you start selling small pieces to make ends meet. The dollar will still be around so do not fear! Few other investments today will eventually give you that satisfaction. Bottom line: BTC is a long term (repeat LONG TERM) investment in storing wealth. Same as gold by the way.

Ethwh4le

That the bitcoin community can change its supply has been known a LONG time….. But thats why u have LTC etc BITCOIN will stay BITCOIN but hey do u bro sell ur shit and move on why u even here mr im out lol if u here just cause blackrock has bought crypto pls yes goo pls

DreamingTooLong

It’s leverage traders getting liquidated, just chill out. Too many people LONG w/ leverage at the same time and the price gets pushed down to flush them out.

the-freight

Don't have to worry about timing if all you do is buy and let it cook. I just read an article that said forensic analysis of all crypto says it doesn't matter at all WHERE you buy in at. The sole determinant in major profits is how LONG you are in. It's all duration dollars. So Hold, MFers!!

_TheWolfOfWalmart_

Wrong. Almost anyone in here who made huge money bought during the bear. Either that or bought BTC/ETH a LONG time ago.

skins_team

It would appear that your prior assumptions are being challenged. Let that happen, and don't try to make reality fit the things you thought you knew about Trump and Republicans. Reality needs to win out or you're in for a LONG four years.

krume300

A LONG TIME AGO... I paid like 5 BTC to get some weed seeds, the most expensive weed ever.

Suitable-Living1264

right… A cross-border cryptocurrency solution for settlement makes literally zero sense if it’s volatile. That’s not to mention XRP has been out for a LONG time with effectively zero banks actually using it like that. It has not adoption. Case in point, they just launched RLUSD (a stable coin), which funny enough, is the solution that is best for exactly what XRP claims to want to do.

merchie

My best friends brother back in 2010 had his miner at said best friends rural apt for cheaper electricity. Ended up selling his miner and “getting out even because his girlfriend thought it was stupid.” Didn’t love talking about it when coins were 12k. I’m sure he would’ve cashed out LONG ago but it would probably be a pretty tough thing to get over…

BeachbumfromBrick

Facts. I was gonna buy and hold but I had drug problems and I’ll NEVER forget my boy was using and abusing Silk Road. I went to prison and stayed clean since. YEARS NOW. IF ONLY* I bought one then. Which was like $30 bucks maybe? If I’m not mistaken. Maybe $300. Low! Still, drugs! I KNEW that coin THEN was going somewhere it was UNIQUE (to me). I followed and cried daily (inside) over choosing frogs over a single Bitcoin. 😢 but, in the end I’m clean and sober. Trusted. Loved and counted on. Bless Ming I never had kids during this time. I’m proud of my fellow LONG TIME holder OG’s that believe no matter what. Some accidentally from Silk Road and realized THEN. Sh*t! This is SPECIAL*. I’ll hold a few! 🤯 here we are Mr. Diamondhands

Big_Storage_3708

10x over the next couple of decades? Haha! You mind is going to get blown. We’ve had nearly a 7x in the last two year and haven’t even topped this cycle. BTC has a LONG way to go…

Dettol-tasting-menu

This. Bitcoin isn’t a lucky draw lottery anymore. It’s a savings technology. So far the wildest price prediction I’ve seen came from Saylor who threw in figure like 13million. That’s 130x from today’s price. Now if you had $500 today 130x is $65k. That’s the wildest LONG TERM target many cycles down the road, when Bitcoin eats into real estate and bonds and all sorts of asset classes. This cycle I’d be extremely happy if it 5x from today’s price to half a mil. It most likely won’t make it. Now 5x of $2k invested is just $10k. Nothing life changing. TL;DR you need to put in serious money to get significant returns these days. Throwing in weekend beer money probably won’t cut it any more.

Individual-Stuff-842

Invest what you are able to lose. BTC is still volatile. There are going to be months/years when it’s in the red. Maybe a lot. But don’t panic sell. Im in it for a LONG time hold. I started by DCA’ing $15 every week. Is that a lot? No. But I did a little bit at a time until I researched more about it and was comfortable knowing what I was buying into. After spending ~5 months learning I spent enough to buy .1 BTC and I continue to DCA every week. There’s no ‘right’ answer as to how much you should buy, and never buy something you don’t understand. I suggest you do your research, read the Bitcoin standard, and learn about the functionality of BTC and how it works. Then put in what you want from there.

Low-Fun5393

Hi everyone . I m here to announce that I have launched an indicator or trading view - V TREND IT GIVES LONG AND SHORT SIGNAL also spot call signal for spot trading in crypto and forex . U may let me know in comments if intrested to use my indicator for free trial . The indicator is paid for full version - 150$ for lifetime access but free trial is given

Low-Fun5393

Hi everyone . I m here to announce that I have launched an indicator or trading view - V TREND IT GIVES LONG AND SHORT SIGNAL also spot call signal for spot trading in crypto and forex . U may let me know in comments if intrested to use my indicator for free trial . The indicator is paid for full version - 150$ for lifetime access but free trial is given

PhextERT

LONG LONG WAY TO GO. So I'm going to go LONG

na3than

Too late *for what*? Too late to turn $100 into $1,000,000 in a few short years? Yeah, that ship sailed LONG ago. Too late to secure some of your wealth -- however small it may be -- in the hardest form of money that has ever existed? No, it'll never be too late for that.

MrBlowjangles

🎄Why did Santa 🎅 not deliver any presents? 🎁 "GOING THROUGH SOME STUFF RN". That's what he texted me little while back. He actually bought FTX crash bottom and rotated into alts right at the dominance top. Perfect trades. Even played with a little leverage and won. But then he lost everything. He crashed his sleigh out on a test run while checking his portfolio. Reindeer were okay but his phone flew into a mile deep frozen chasm. While an immaculate trader, he was bad at proper custody and stored his seed phrases on christmas napkins he kept in the reindeer barn. When he got back from the wreck, he saw that the reindeer had eaten his seed phrase napkins. Mrs. Claus left him. Most of his elves left him, but a few loyal ones stayed. Basically hoping they can keep the toy shop above water so they can restart presents next year. With alt season coming, he said there might be possibility for presents this year. Asked him what he's buying but hasn't got back with me. Update: He just texted me back: "LONG ON MOONS"

Queasy-Control-1261

My guess is OP LONG BTC, COIN, MSTR or all the above… no conflict of interest … most folks don’t view something with a 60 vol as a reasonable store of value… but pure speculation. There are more reasonable ways store value against fiat currencies (try hard assets / real estate ) that actually have yield …

Acrobatic_Middle3296

Mass adoption and real world use is a LONG time away. Niche real world use exists today and overtime that will grow. The biggest challenge to real world use of crypto is the complexity and the ease of losing your money, Crypto in its current form is too complicated for the masses to navigate and not get scammed. That will eventually change, but it isn't going to happen now. Also, keep in mind that crypto is tiny compared to investment categories like real estate or stocks. Smaller entities are more likely to have bigger swings. Crypto has a long way to go to mature. I invest in crypto as I think it has the potential (i.e. not a guarantee) to be big in the future. That future is likely a decade or more away. And if it does realize its potential in that future, the crypto markets will be exponentially larger then than they are now.

tsbsa

I reentered on the way up this time around, but I've been in on and off pre 2017 ATH. Sold the ATH, bought the next bottom, then sold the 2021 high. If say worth loading bags when it was below a dollar still, but we already pumped near 400%. Really all depends on the SEC case, and the rate of adoption of Ripple services. Most of their private services won't be using XRP directly, though because they utilize the XRPL, XRP is needed to operate any other tokens and systems. I'm very very far from one of the XRP conspiracy theory weirdos that believe in the whole "great reset" crap and the fabled "switch flipping" completely replacing SWIFT overnight. That shits some insane copium. The XRPL is a really awesome protocol though, and is so much more than just the price of XRP. We COULD still see a big rally again, but if you're friends are falling victim to all the XRP conspiracy shit, I'd warn them against joining the cult... I'm actually banned from r/XRP and r/Ripple for questioning the conspiracy crap and talking shit about the XRP conspiracy youtubers, as many other have been too. Have talked with quite a few folks that strongly believe that those two subs are run by the folks making the XRP conspiracy content on YouTube. Talk out against them, and it's an instant ban. Some fall deep into the rabbit hole too...like joining XRP conspiracies into qAnon crap. There's some nutters for sure in XRP. I see it as a long LONG term hold for most folks, though with really large bags, it swings so much that you can easily make good money day/swing trading XRP.

na3than

Too late *for what*? Too late to turn $100 into $1,000,000 in a few short years? Yeah, that ship sailed LONG ago. Too late to secure some of your wealth -- however small it may be -- in the hardest form of money that has ever existed? No, it'll never be too late for that.

SoftWalkerBigStik

Show her some Michael Saylor YouTube videos. MIGHT change her mind since BTC is a LONG TERM hold. Tell her you will cash it when you two retire early 😜

f0o1g11

if you only LONG in the bull run, a rule like that might be a good idea in order to prevent yourself from selling too much too early and gives a certain amount of healthy risk menagement also if doing this, i would always look a way to reinvest a portion of these "cashouts" back in the market by weightening a more favorable timing

na3than

Too late *for what*? Too late to turn $100 into $1,000,000 in a few short years? Yeah, that ship sailed LONG ago. Too late to secure some of your wealth -- however small it may be -- in the hardest form of money that has ever existed? No, it'll never be too late for that.

HerboClevelando

Any worthy investment builds value over the LONG term, and is not measured by performance in four-minute time increments.

timreg7

I see you're catching a lot of hate, but this is not a new or a bad idea. The term is "demurrage", or storage rent more colloquially. It comes from traditional physical storage, like gold... where you need to upkeep the facility and secure it to properly store the gold. People like to say this doesn't matter with digital assets, but it really does. For example, BTC's ledger is enormous. It takes a LONG time to download and you need a decent amount of memory to store it. This will continue to grow in perpetuity. Can you imagine if btc is really adopted by the world... how much storage would you need to run a node in the year 2100? Another example is of Kaspa, pumping out blocks every second. All that data has to go somewhere, and the more requirements there are to running a node, the more exclusive the P2P network becomes. You have to actually be a peer and run your own node! Another issue is emission reduction. At some point, there will be no more emissions and miners will have to be supported by txn fees alone. Demurrage is another way to collect dust and encourage users to consolidate their wallets from time to time, which will either create more txn fees or allow them to collect the lost coins. All this is already in place and active on Ergo. Miners can charge a fraction of a coin (a little more than the standard txn fee) every 4 years on utxo's that have not moved in that period. The effect is that there is some limit on how long the chain can reasonably be, allowing more people to run nodes. Hit us up if you want to hear more.

termn8or3000

You might want to rethink that a bit. 1st: Everything I'm about to say is based on only my opinions and personal experiences. Always DYOR Now, when I initially got into crypto I had that same exact thought process. As a result, I missed out on making a LOT of money. I watched as my investments grew and, in some cases, 2/3/4 even 5X my investment. But because I foolishly had a certain number in my head, I refused to cash out those profits and then watched as they began to drop and thinking "They'll go back up" and also believing they'd go back up to even higher numbers. Except they didn't. By the time I DID finally think "Maybe I SHOULD take some profit now" there wasn't much, if any, profits to be made. (To be totally honest here, I also lost a LOT of money, more than once, on FOMO, as well. THAT too a lot of patience and perseverance on my part to learn how to get that under control and goes a LONG way in helping to make you money) By the time my 2nd Bull run came around I was a little better informed, experienced and prepared, but that doesn't mean I was yet any kind of "expert" in crypto by ANY means or definition. It just meant I'd now gone from diapers to now wearing training pants. However, I DID learn how I could take some profits from my crypto, even SMALL profits of perhaps under, to right around, a mere $1,000 and then take that and use IT to make even MORE, and bigger gains, in a completely different market. I had heard about tax auctions where you could go and bid on properties that the government had seized for non payment of taxes. So, out of sheer curiosity, I went to one (this was approx 5-6 yrs ago, or so) and ended up buying 2 properties for less than $2,000.. in TOTAL... and then turned right around and was able to sell them both less than 6 months later for approx $70,000 in total. So, now I do both and, along the way, have also become much more experienced in both. As a result, I've also learned how I can now take profits from my real estate portfolio to put into crypto's that I think are going to "pop" at some point and, when/where necessary, vice versa. It's allowed me to go from only being able to invest a few TENS of dollars into crypto, to now being able to invest TENS of THOUSANDS. And crypto allowed me to go from only being able to invest MAYBE a couple thousand dollars into these real estate auctions, to now being able to invest up to $100,000, or more, at a time. It's all about what we, in the Marine Corps (I'm a 100% total and permanent, disabled Marine vet) used to call "The 6 P's" which is: Proper Planning Prevents Piss Poor Performance. Now, you don't necessarily have to go into real estate, or even the same TYPE of real estate deals that I did (I just had an idea, tried it, found out it worked well for ME and have stuck to it), just find something that YOU think you might like, that you could make money at in order to improve your lot in life and better your lifestyle. Then, make a plan and go for it. Remember the ancient Chinese proverb of, "The trip of a thousand miles begins with the 1st step". If you never take that 1st step, and the next and so on, then all you'll ever have are unfulfilled dreams and never to be realized gains and profits. And if, and when, you trip and fall here and there (and you likely will, more than likely and also more than once) remember that this is often like learning to walk. You start out learning to crawl, then you try standing on your feet and taking those first few steps. You usually fall (and often) in those early days but, before you realize it, your not falling any more (you might bump into things and get "bruised" here and there but, no REAL damage done, right?... At least usually. After all accidents CAN still happen even to the best of us. But THATS WHY it's good to diversify. Not only in say, crypto, but also in HOW you make your money) and next thing you know, your not only walking, but now you're off and RUNNING to the races!! It's the same thing with making money. Patience, perseverance, experience/educating yourself.. and a bit of luck never hurts.. are the keys. Another suggestion, if I may. NEVER go "all in" on ANYTHING .. UNLESS it's with money that you , quite LITERALLY, don't give a DAMN if you lose or not. When my wife and I go to the casino's that's what we do. We take ONLY money that we INTEND to lose (in one way or the other) but do so while having an enjoyable time. If we DO end up losing it all? Then so what, it's what we intended on doing all along BUT we had the good time LOSING it that we had PLANNED on (Remember "The 6 P's"?). If we end up breaking even, coming home with some, or even MORE, money than we left with, well THAT just makes our time out even BETTER, as it should, right? Currently, I live in a $1.3 Million dollar, 5,400 sqft home, own 3 nice vehicles, including a 2021 Corvette (my "Baby") am getting ready to buy my wife, for cash, a 2025 Lexus that she wants, cars for both of my daughters who still live at home (I'm also known to occasionally buy cars for complete strangers in need where I live. I've done this 6 X's in the past 8 yrs) approx $300,000 in upgrades and improvements to my home and I donate generously every yr to the various shelters in my area. I also buy, and then donate, homes and properties to Habitats for Humanities as well as, from time to time (usually around the holiday seasons) stuff envelopes with various amounts of cash (usually $50-$500 dollars but a few usually have substantially more than this) and then walk around, usually with my daughters, and we simply walk up to folks, wish them a "Happy Holidays", hand them the envelope with cash and then walk away. I'm also known for quietly picking up the tab for entire restaurants that my family and I might be eating at and I always ask that the people NOT be told you just paid for all their meals. You can't imagine the joy I get watching as people are told their meals have just ALL been anonymously paid for, in full, and then watching the looks on their collective faces as they go from surprised to shocked and then looking around trying to figure out just "WHO" could have done this? By this time my family and I are exiting the restaurant just IN CASE someone manages to figure it out😁🤣 Please understand, I'm NOT trying to brag here. Rather, I'm trying to show and demonstrate just how GOOD crypto has been to me and my family. Without crypto I likely wouldn't have been able to get started in trying out my idea regarding real estate. And without BOTH, I know I wouldn't be able to have the things I now do not be able to DO all the things I now do, including helping others perhaps less fortunate than I now am. And, believe it or not, I'm not yet DONE making money. There's a LOT more to be made and I'm going to make as much as I can, as long as I'm having fun doing it. I wish nothing but the best for ALL of you and I hope that all of your financial dreams and aspirations become reality for y'all in the very near future. Happy Holidays, everyone and... If a disabled vet an electric wheelchair, perhaps with 2 pretty young ladies, approaches you and hands you and envelope... Well, you'll now know who it's likely from, take it and enjoy. 😁👍🤗❤️🚀🚀🚀🌙