Reddit Posts
Loan for investment in mining - short history
My life/investment story - Opinions and Comments
As Seen on CoinMarketCap | Official Mollars Initial Coin Offering | Live Presale | ~21K Tokens Sold | US$0.30 Currently | Bitcoin for Ethereum Blockchain
LIVE PRESALE | Mollars ($MOLLARS) ICO | Double Your Money or HODL | Store of Value Coin | ERC-20 | Tokens Sold Now Over 20,200
ICO Presale | $MOLLARS | Decentralization on Ethereum Blockchain | Store of value Tokens Sold: 19,657 | Crypto.news Featured Today
Mollars ($MOLLARS) Token | Mollars.com | US$0.30 cents per token in Initial Coin Offering | 2000+ Tokens Sold Yesterday | $2MM Hardcap
Mollars ($MOLLARS) Token | Mollars.com | US$0.30 cents per token in Initial Coin Offering | 2000+ Tokens Sold Yesterday | $2MM Hardcap
Any course or certification for crypto analysis?
Mollars ($MOLLARS) Token ICO Has Launched | Hybrid Memecoin x Altcoin | WilL Launch With 1 Web3 Product as Catalyst | $2MM Hard Cap
New ICO Now Open | Mollars ($MOLLARS) Token | Hybrid Memecoin x Altcoin | Store of Value With 1 Web3 Product as Catalyst | $2MM Hard Cap
New ICO Now Open | Mollars ($MOLLARS) Token | Hybrid Memecoin x Altcoin | Store of Value With 1 Web3 Product as Catalyst | $2MM Hard Cap
Satoshi Revealed: A Crackpot's Deep Dive into Dates, Language and Bad Word-Play
look at Bitcoin status update as of 27/10/2023 (DD/MM/YYYY)
A gaming studios with ultimate utlities for its token $WELT | Gaming is fun with Fabwelt | Arsenal, H2O, Fanwelt and many more games | Founded 2020
Arsenal 2.0 | WalletConnect 2.0 | Clan System | Play now: Arsenal Website and Download
Arsenal 2.0: Rise of the NFT Warriors - From the makers of Fabwelt Studios
Fabwelt Studios 2nd Anniversary is coming up in November | Arsenal 2.0 is coming in November | Fanwelt is coming in November | GameFi will have a new story to tell
Arsenal 2.0 | 70 Launchpads involved | Organized by Fabwelt Studios | Daily Missions!
Arsenal 2.0 is gearing up for a new tournament | Thousands of Gamers | Thousands in Prizes
Fabwelt Studios - The Gaming Gaints, to be front runner in developing a multi gaming ecosystem on blockchain with 4 game!
Arsenal 2.0 | Top trending game - H2O | A Strong roadmap | Since 3 years climbing up.
Arsenal 2.0: Rise of the NFT Warriors - From the makers of Fabwelt Studios
What does Fabwelt Studios have as a gaming giant? | Top rated blockchain games - Arsenal and Fanwelt (playtoearn 2022) |
Fabwelt Studios - The Gaming Gaints, to be front runner in developing a multi gaming ecosystem on blockchain with 4 game releases by 2023 end.
Arsenal 2.0: Rise of the NFT Warriors - From the makers of Fabwelt Studios
Fabwelt Studios is launching Arsenal 2.0. Awarded best game on Polygon | Top 10 Blockchain game in 2022
The Revolutionary Arsenal 2.0: Elevating Your Gaming Experience | Founded 2020
Arsenal 2.0: Rise of the NFT Warriors - From the makers of Fabwelt Studios
What are the risks in staking through my MM address ?
If you are 90% sure Bitcoin will go to ZERO, your target is still $1M/btc
Branding/Marketing Strategy for a Crypto Market Maker
Dingdang. io | $Bubble | Bubble Futures Trading Bot | P&E Game | Multi Chain Staking | 0/0 Gas Fee | Mobile App | Ethereum Chain | Uniswap | Lauching Soon | 100x Gem
Distribution day is coming! A quick tutorial for MM.
A quick tutorial to add moons to MM.
Got scammed and have some questions about my wallet’s security going forward.
How I almost got scammed..? (Coutionary tale)
World coin cofounder admits to market manipulation of WLD. They take advantage of high FDV, low float with the help of market makers to manipulate price.
Memecoin "Bald on BASE" Rockets to $85MM Market Cap in 48 Hours, Then Plummets 85% in Rug Pull
Garbage Pail Kids Token, 60k MC, VERY HYPE!!!
World coin is a complete and utter clown show. They allocated 25% of supply to insiders and are now claiming world coin is better than btc because "Bitcoin is in the hands of only a few rich people"
TIL that you can have multiple wallet addresses on one seed phrase!
Create your own hardware wallet tutorial.
I lost about $4.4MM due to something out of my control, and I'm struggling with coping
I lost about $4.4MM due to something out of my control, and I'm struggling with coping
PSA Chrome Metamask reset completely - backup your seed and imported accounts BEFORE UPDATING chrome
Absolutely Nothing AN Token [Potential Scam]
Friendly reminder on wallets: open source is king!
Is Ethereum's network traffic fully centralized, or am I wrong?
Global Accessibility Awareness Day 2023 is May 18!
How do I on ramp my fiat from WISE?
How I used AI to make a $20M memecoin
Had a revelation the other day... I don't ever see a scenario in which I liquidate all my BTC to 'retire'
Reminder: You crypto is NOT "IN" your wallet. Your keys are. Your crypto is on the blockchain.
Don't Rely on MetaMask to See Your Tokens - Use Blockchain Explorer!
Mechaverse - Meta-Dimensional Game-Fi in The Era of Web3
Why you should be using Linux while moving coins on MM etc, and why it isn't as hard as it seems
Providing Liquidity for Moons Made Easy (Explained for N00bs)
Dumb for trusting someone on the internet to teach me crypto.
Any security experts that can provide guidance on questions about wallet security?
Fallen for a crypto phishing site. Advice needed.
And crypto is the problem!? SVB may finish what FTX started …
Bitcoiners of today will be seen as the anti vaxxers of tomorrow.
Matic faucet… where do you find it in your Reddit account? Not linked to MM or any other wallet, shouldn’t it show up in the vault?
Algorand Governance voting session 6
Algorand Governance Period 6 (G6) now online
Today I became aware of and solved a tiny, personal, crypto mystery and it was fun
TRUE or FALSE: US Banks Support CBDC Development?
Moon Mondays. Let's normalize tipping moons starting tomorrow.
Algorand: Governance Period 6 Draft Measures - Community Check In
Where can I sell a 700k Instagram account?
Where can I sell a 700k Instagram account?
Where can I sell a 700k Instagram account using bitcoin?
Mentions
Bro, funny how MM try to lure morons to buy now when Powell is speaking in 20 minutes. This will drop sharply.
The initial money was never turned into 1MM. They used the crypto narrative to lure him into believing he was rich so he wouldn't mind paying smaller fees in comparison. And they will continue to milk him until he stops. The whole website and platform is fake. Its called Pig Butchering Scam. Another user shared a link to Wikipedia. Read up on it and try to find a way to deliver the news
MM can see where longs/shorts are mostly positioning themselves, so they control the market by taking advantage of these positions by forcing them to close/get liquidated. As the price drives down, and long positions get liquidated. And visa versa. Basically MM’s control the price to a point, in order to get in at better prices themselves. Someone else might be able to explain better.
Does that mean the MM will boost ETH up to wipe out all the recent short bets put in? Sorry as im new to crypto and this is my first cycle this year
Record shorts open. We all know retail gets liquidated by MM. I don’t see a scenario where we continue down before a small relief rally. It just is too easy to short from here.
Stop entering new 100x longs you degens.this is all MM manipulation
Do they really get rekt, those MM probably have opposite positions to ride those swings
Whatever happens MM’s have a good excuse to dump. Deal? ‘But its sell the news!’ No deal? ‘Thats terrible! Sell everything you have!!’
Retail is not determining price, the liquidations of traders are. Don't forget to hug your MM's today!
lol. A Bitcoin lizard downvoted you, I rectified that. Litecoin is an easy pick for sure, criminally undervalued still, proven tech…active development, and only 84MM will ever exist… If you don’t own at least 4 LTC for the long haul…you’re cheating your future self. That’s like $500 right now, but will be huge money someday when it finally gains its rightful place under Bitcoin. Me personally I’m probably going to be holding at least 40 long term, honestly maybe 84, so I can keep a 1 in 1MM. ETH is a great bet too…with stablecoins, tokenized stock, and other real world applications using their proven smart tech
At this point, everyone is aware of the “cycles” and is anticipating a big end of the year. I don’t think the MM are going to make it that easy. I expect a lot of volatility in the next few months, some projects pump, others dump, and the money will keep moving around as people FOMO and FUD chasing profits and trying to avoid losses. I’m keeping my eye on the macro stuff like rate cuts, the stock market, and where the big money is going.
And if you had about 22k to put in back then *AND* had the wherewithal to keep it safe and secure, you’d have over 10MM now.
Two questions: 1) Is there a problem this Bitcoin solves? There are several big problems that it solves, but not everyone is experiencing them right now. If/when they have one of the problems and investigate bitcoin, they will potentially see it as a solution. The timeline to discover bitcoin as a solution is different for everyone. 2) Are there any technical reasons that this implementation will fail? Has the hashing algorithm been compromised? Has quantum cryptography invalidated some aspect of bitcoin's secure implementation? As long as the answer is no, then it's likely that people will continue to move towards bitcoin over time as they identify a solution to a problem (see question 1). These two questions seem to indicate that over time, people will continue to move towards bitcoin while it remains technically sound. Increasing demand with a gradually reducing capped supply would indicate a trend towards ever increasing value, eventually surpassing $1MM. Thanks for listening to my TED talk.
nasdaq and s&p500 are both green, seems like this is just crypto volatility and MM hunting liqudity/those that FOMO-ed?
$1MM by 2028 isn’t happening. More like $300k to $500k. We are in reduced volatility phase ETFs got approved and institutions came in. This means 80% drawdowns won’t happen. Most will be 30-40% drawdowns and this means 10x in next 5 years won’t happen as well. BTC will give 20-30% CAGR.
The novelty gains have been made in BTC. The problem with it now is that it must be useful for something. It takes too much energy and doesn't really do anything. You're better off and can make more money investing in companies like NFLX, NVDIA, MO, GOOGL, etc. those companies actually make money and the gains in value and dividends will pay you more. Even if BTC goes to $1MM a coin. That's only 10x. Look at what NFLX did in its first 10 or 15 years. Or any other strong earnings companies.
My house went from $800K to $1.6M. And yes I feel fortunate. But the biggest dumbass move was using my 2012 bonus of $75K to pay off graduate student loan and credit card debt. Or even to pay off my Mastercard of $10,000. That same $10,000 of BTC at $13.50 at that time is $84MM now!!!! And it had gone up 193% in one year already…
“Demand for Chainlink has already created hundreds of millions of dollars in revenue, substantially from large enterprises that have paid offchain for access to the Chainlink Platform. With increasing demand from a number of the world’s largest banking and capital markets institutions, this form of paying for the Chainlink standard is expected to grow into the future as the industry grows. The Reserve has already accumulated over $1MM worth of LINK from this early stage launch phase, which is expected to gradually grow in the coming months as more revenue is converted into LINK and placed into the Reserve.” Do you think they’re lying?
On River, you can set up an automatic withdrawal to execute when you have your [free withdrawal available!](https://support.river.com/kb/guide/en/can-i-choose-my-btc-withdrawal-fees-V11hnl25MM/Steps/3503302)
yea i knew for health price action, we NEEDED a pullback. otherwise everyone goes long, makes a ton of money and the price becomes wildly unstable. MM's licking their lips as well, its such easy money when prices jump a lot and ppl start piling up the longs. I predicted a retracement to previous ATH resistance would be a good spot to enter into btc after taking profits at 120-122k. It really easy when you understand how a healthy market should move.
So you think it’s normal that someone investing $1,000 or so wouldn’t cash out a single cent until it was worth over $100 million? Double your money, no cash out. 10x, nothing. 100x, nothing. 1,000x to $1MM…nothing. 10,000x to $10MM and not a damn cent cashed out. But now, 100,000x to $125MM and magically they’ll cash it all out. Nothing about that is suspicious to you? Seriously?
Yes but he's also ETH's biggest bull and he's accumulating as fast as possible/Saylor style, aiming to own 5% of the entire supply. He thinks ETH has 100x upside and recently called $16k a fair valuation. Then we have VanEck with comments like "ETH may yet prove to be a better asset than BTC" or some entity who created 4 wallets and bought $361MM just recently or BlackRock buying $88.8MM and other institutions literally racing to accumulate as much as possible before we break $5k. They can't all be wrong. You're underestimating the bullish potential that ETH has and the violent V reversal its about to do
same, i wouldnt mind a few free bucks in MM USD.
Ok what we are seeing now is called churn Its designed (manufactured actually) to make you feel like you do MM from large firms can sell borrowed crypto into bids to force prices temporarily lower. They often have also sold perps and are aiming for liquidations, but normally its to get you to sell low and then run it back in a few days or a week and you will buy higher. Its a classic strategy as old as time. Don't use leverage and if you do maybe limit to max 5% of your portfolio. Also try holding through this as you only lose when you sell. Bull has a long way to go yet. The way I think about it is everything is driven higher once BTC moves higher, and I am almost certain that this is not the highest BTC will ever be. So if the odds are that this is not the highest BTC will ever be then why would I sell now.
ETH. Blackrock is accumulating at record pace, someone else has accumulated $300MM from Galaxy Digital OTC in the past 3 days and sharp link increased their position to $1.65B
We'll see what information trickles out through the weekend. I guarantee the stock market MM's are pressuring Trump for some sign of relief after the last two days. The weekend will give the stock market plenty of time to assess the situation + any new positive outlook details, though it will probably remain choppy for Bitcoin & Friends.
> You trust your bank that much? Yes, no one is getting $1MM hacked from their bank account.
He didn't say you have $5MM, he said that the price of bitcoin hits $5MM. So you have $5MM * x, where x is your bitcoin balance, and you have to spend half of it. Now go again.
I did some reading on them as well just now. They work with KuCoin and ByBit so it's not some unknown MM, I'm just uninformed lol
My 751 should be visible somewhere but importing vault address in MM doesn’t show any
The bars correspond to the left axis. The lines correspond with the right axis. The lines are a running total of the bars. That "spike" you see at 120,000 is actually about 600MM (left).
I have done some research on this and you're absolutely right. Institutions are buying OTC, and the supply is rapidly depleting. Here's one article: [https://cointelegraph.com/news/less-than-15-bitcoin-left-on-crypto-exchanges-signals-supply-problem](https://cointelegraph.com/news/less-than-15-bitcoin-left-on-crypto-exchanges-signals-supply-problem) I also suspect that the big players are manipulating the price on the exchanges. Let's say I'm a big institution who wants to buy $500 million worth of bitcoin OTC. Why can't I sell $5MM at market price to bring down the price, while I buy the big amount OTC? The OTC balance has now fallen less than 150,000 bitcoin. I used AI deep research to find a timeline when there will be a "supply shock" and institutions will HAVE to buy from the exchanges. It says 6-12 months at current depletion levels. I think we're going to see some wild price action in the next couple of years!!
Not discrediting that you can and have made money on it. But to "believe" in it or think it has a real future because of utility is silly. It was made with no other purpose than to be funny. Stoked on you making MM though! Props!
$1.8B in ETH ETF inflows this week vs $73MM for BTC. You had one job, buy ETH🤭
You think Kraken can get his $5MM back from Bitstamp?
Cold wallet. Hardware wallet. Like trezor. Hot wallet. Like phantom, MM, etc.. Depends what coins you want
$20,000 invested in btc now will be worth roughly $172,000 when btc is $1MM
I remember when they actually bothered to construct a narrative as to why we are going down. Not just that the MM’s need to flush the leverage… OKX and Binance US are doing most of the work.
I'm still not sure I get your point, my point is this, if the market capital of some instrument changes, then a public liquidity pool or public order book HAD to have changed to cause it. Sure a single exchange could just make up a price but then an MM or AMM would just come along and settle / arb it. Either way this is recordable, sure we might not know what price the seller paid if it was an obscured OTC but at the moment any buyer or seller affects the price of an instrument we can see and record it BY NATURE there is no way of getting around that and because we have a ledger ( the beauty of Blockchain ) it's there for you to see.
>For crypto natives, connecting a non-custodial wallet like Metamask with different chains may seem like a seamless task, but this ‘simple process’ can be very confusing for newbies. This hits home. I had a few friends compeltely quit crypto because they were annoyed with MM and all the wallets they needed to use.
With the increasing BTC price, I am genuinely thinking that it would make sense from a game theory perspective for the US to just outright ban it at some point. Like if 1 BTC hits $10MM and inflation is going nuts with people fleeing to BTC, I would think the only way to save the dollar would be to outlaw BTC. Curious if it will happen.
Yeah…annoying. MM should be scared that their business model fades out
Completely fucked by MM finance and anything to do with Defi on their platform
I don’t think this is backward looking except for the return rate. I think it’s saying if you have 0.25 btc now, invest 500/mo for the next 4 years and btc keeps appreciating at 79% per year then you’d have $1MM in four years.
MM wintermute holds most of this coin so i expect them to pump it to 1B mc i consider it a lottery ticket for fun
ETH surpasses the combined market cap of Goldman Sachs and Bank of China. Lots of shorts are about to cry @ $4K ETH when we slingshot to $5K faster than you can say daddy. Then we slump -25%, because did you really think MM would make it that easy for you? 😉
People don't even deposit 6(MM) into a single bank account.
just my hunch, not fighting the market, this is fighting MM
To clarify, Bitcoin will 10x from here but not in this cycle. Bitcoin ultimately will reach $10MM + per. But this cycle, this 5th macro wave only projects $150-299k. Considering other alts that are still sitting well below ATH, they have lots of expansion left. So my plan is to have lots of alt exposure and eventually buy more bitcoin with the profits.
Sure, but for someone who held btc for a long time, I guess it's hard to sell and settle for less, knowing that you could go from ~3MM to, who knows, 10MM? 20? 200? If I was in that situation, I would be kicking myself if I sold at a price that could sustain my retirement but barely (assuming HCOL).
MM referring to Money market, so basically cash that gives you a "yield", does that protect your purchasing power over time?
MM funds in low risk. VT in med. VOO/BTC/VGT in high. Not a perfect science, but that's how I view it.
just remind him that Rule No. 2 must be his number uno unless he wants to end up like. [https://youtu.be/ZYb\_8MM1tGQ?si=oRVxavX9wK3X9TlZ](https://youtu.be/ZYb_8MM1tGQ?si=oRVxavX9wK3X9TlZ)
Yup, that shows how stupid OP's question is. If bitcoin is a better bet today, it's still a better bet at $1MM.
MM use fake liquidity so better not rely on heatmap
>So how do I get it from Nova to Arb One from my MM? By using a bridge but you don't need that as long as there are markets for both. >MEXC runs on Arb Nova? Yes >Do you know what Kraken runs on? Arbitrum Nova \--- Do you see your Moons in MM now?
So how do I get it from Nova to Arb One from my MM? MEXC runs on Arb Nova? Do you know what Kraken runs on? I remember you were able to sell on Sushiswap but that doesnt seem to work for me now
If you want to sell on Camelot then yes, you have to connect your wallet. MM should appear as one of the options. However it seems Camelot is only for Moons on Arbitrum One (I forgot that previously). Kraken supports Moon on Arbitrum Nova. >I want to be able to sent/sell them when the time comes and not have this whole hassle Absolutely understandable. Before I did it the first time I was still wondering "is it even possible to turn this into fiat?" but once I did it the first time, back then with MEXC, I felt a lot more confident. It gets easier with time. Let me know if there's anything else.
That this post remained unanswered & even downvoted says a lot about this community. They either hate moons so much that they disrespect people who participate or they own Moons & don't want to help you sell. I assume your Moons are on Arbitrum Nova. Add the network & then add the token by searching it via the contract address. `0x0057ac2d777797d31cd3f8f13bf5e927571d6ad0` If the Moons are on Arbitrum One you need a different contract address. You can connect MM with Camelot DEX - good option to do Moon swaps. I recently helped a user who also no longer saw his Moons in MM. We couldn't figure out why MM would not display them. In the end he imported his vault into Rabby Wallet & they instantly appeared. Here's the thread if you want to read through it. [https://www.reddit.com/r/CryptoCurrencyMoons/comments/1lz5byd/comment/n347d1m/](https://www.reddit.com/r/CryptoCurrencyMoons/comments/1lz5byd/comment/n347d1m/)
MM's taking 1st Movers BTC. This is where we hold.
OP that will already be enough even if you stopped buying. Based on the conservative bitcoin law model projection, 1 btc will be worth 17MM, and double that in a bullish scenario.
I feel like the answer to this really depends on age and net worth. Are you 21 and have 100% of your $5k net worth in BTC? Go for it my dude! Are you 65 and have 90% of your $5MM net worth in BTC? I mean, I believe but damn - really what are you looking to get out of this? You already "won the game", you don't need that level of risk. That said, my number is high, \~65-75% depending on the day and mid-30's.
Kendi is an UFO in the Kendu world! Please don't always understand. We are all real. No fakes! No KOLs, no insiders, no MM, no bots. Only a community who works hard to create strong and healthy foundations 💪
Probably just low volume on weekends making it easy for MM's to push price down and trigger stops. Price goes where there is liquidity.
If you Never interacted with a DApp and it still drains than it’s probably some kind of virus, key logger etc. You’re using MM so maybe you have the version that was injected with that virus that was in the news couple months back. Idk
My opinion… I am a legit business, file taxes correctly. I am more than willing to pay for income tax on mining proceeds. My BTC mining proceeds were earned today, so tax me today at a nominal tax rate % due to my income. No different than a W2 employee (majority of folks). The capital gains are stupid, double dipping, It has to go. Reasoning… If you worked at Wendy’s, got a paycheck, you get taxed. You take post tax dollars and invest in a Roth IRA. Post tax money in, untaxed out when withdrawn. Taxed once. Buy a chunk of silver/gold, or crack cocaine. Taxed once. BTC mined = payment for work. Tax me like normal income. BTC is “digital gold” an asset, not a security per the SEC, cannot pass the Howey test per the SEC, therefore is an asset. But SEC supplies info to the IRS stating it should be taxed similar to investments/securities. BTC purchased with post tax dollars, untaxed going in/out of BTC. Post tax dollars purchase physical gold or crack and are only taxed once? Why is BTC taxed a second time if purchased with fiat and later sold for fiat? The key issue is ROTH Ira has limits because the tax benefits are easily abused if no limits apply. We need to have some sense of reality here. Either we pay tax going into BTC or coming out. We can’t have it both ways. Fuck it, let’s say a $1MM USD BTC to USD conversions pays a 12-30% income tax at the time of conversion/sale. I’m even cool with that. But going after miner who earns the $1MM USD of BTC and sells in the first year owes like 60-70% tax as it stands today. That is stupid.
in theory this is the time to sell, but who knows when MM will squeeze short, so just hold BTC and ETH https://i.redd.it/stgnxo00qbcf1.gif
Mahomes gets signed to a $450MM contract, and you think the world’s scarcest asset being just over $100k is something? Not even that exciting yet
10MM of the 31MM never existed, as 21MM is the hard cap I am guessing around 10-15% are permanently out of circulation never to be transacted ever again. James Howells can tell you how many HE lost himself.
If I have multiple stashes worth $10MM USD, I can pay some taxes. It's okay. 100 BTC isn't notable to the market.
2.5MM is financial freedom in my book, even if you are a lying sos
Unlikely people sold Bitcoin to fund MM account. This is a lot of leftover stimulus money and assets people sold off earlier in the pandemic expecting a recession.
I’m feeling confident because I’ve been a MM since Feb2024 my brother
Bot buy and sell as a cheap MM so candles are flat. Occasionally owner will pump it so the big green. Typical for low liquidity shit coin.
Dude, I took 50k against my HELOC, flipped it to 1MM on GME, bought land, PMs and BTC and now have almost 15 BTC equivalent in IBIT bought with excess cash plus loans against my 3 houses and 401k loan (since all i could invest in was index funds). Sell options for 5k incpme a month easy. And when BTC hits 150k ill have enough fuck you money to seriously consider retirement if needed. Fucking do it. Ladder in over the next month or three. Save some gains for taxes. Max the tax deferred deposits, 401k, Roth IRA, etc.
And just like that the pump has given back everything. Back to the crab. Thanks MM!
I think it was a moment of humility, passing it forward, and an opportunity to spread awareness. I was around this sub during that time and thought it was great. I didn't bother pitching any ideas on where money should be donated to. I'm not sure what I'd do with half a billion dollars. I'd like to think I'd set up scholarships or funds for something to establish a legacy as I really only want $2MM to sustain my current lifestyle in perpetuity.
I'm older than dirt and still DCA Bitcoin daily. My challenge is to live long enough to see $500k and 1MM BTC.
How much will google be worth if bitcoin hits $1MM? What do you think the S&P index would be at in that case? Or global equities?
Amen to that, I am fully onboard the DCA train. Just thought I'd try to give it some time for once, in case we may dip down to mid 90s again. But I agree, what does it really matter, the day we're well above 1MM 👌🏼
Personally I would sell 1/3. I would also place a sell order just under the CME gap at 105000. In case the MM wants to grap the liquidity there before going back down. Place buy orders laddering down from 98200 to 83500. That just a thought but you have to decide what is best for you. It is going higher in the long term I believe it’s just taking a rest right now.
Retail has been consistently robbed for the last 5 weeks Retail has MM fatigue and macro fatigue This cycle's liquidity hunts have been abnormally aggressive
No... the people that say "I remember ₿itcoin under $1000" will still be saying that when its $1MM.
>99% of people will do better by just starting as early as they can and simply not touching it. If you NEED more cash, then so be it.... But "time in the Bitcoin market beats timing any market Citation needed. I welcome hard data proving my anecdotal hunch wrong; any good trader is always working to optimize their strategy, after all. >Feel free to show your $5k to $100k trades, tho. Would LOVE to see those. I've done better than that. I used a really basic trading strategy for that point. But yeah, I can elaborate on the easy play: 1) Believe in BTC after the 2016 halving and subsequent run up from <$1K to $20K. Pick a little up in FOMO. 2) When the price dropped like a stone, you recognize it as a potentially good buying opportunity. Remember, BTC was less proven then so this is quite risky...you probably only want to put in a little at a time. Maybe 5% of your total investment portfolio. 3) Accumulate $5K in BTC at an average cost basis of $10K. I highly doubt it would be that high, but I overestimated on purpose. Now you have 0.5 BTC. 4) Wait for the 2020 halving on the reasonable hunch that it will trigger another quality run up. 5) Begin taking profits at ~$30K, which was a few months into the explosion in price ~Jan 2021. Remember, you don't know how high it will go. You believe in BTC so DCA out conservatively at first...5% of your stack at a time. 6) BTC cracks $50K and what's left of your 0.5 BTC @$5K is now worth nearly five times as much. You understand the halving cycle and human psychology...you would be an idiot to not take that deal. But you save a little just in case it goes higher. Maybe 0.2 BTC. 7) BTC crack $60K. You take more profit. Maybe you have 0.1 BTC left. 8) The market rebounds because of Covid stimulus effects and you see your last chance because you are not dumb or greedy. Drop half of your remaining so that you still have 0.05 BTC. You sold the rest of your 0.45 BTC by now at an average price of $50K. You have $45K in USDC in Coinbase that you can collect APR on while you wait for the next run up. 9) You accumulate once it falls below your initial profit taking point at $30K. And again, back load it as it falls further, as low as $15K. Your average cost basis was $20K but the bull run timing caught you offguard and you only managed to get 1.5 BTC before the run up in April 2024. You save your remaining USDC (remember this is an ultra-conservative play). 10) As was before, you take profits starting at ATH. You hold at the pullback, unsure of the market's reaction going into a tumultuous election in the U.S. But BTC rises again, and you take profits a little at a time until we crack $100K. Holy shit. You're rich! 11) DCA out at an increased pace. By now, you've sold 1 BTC and still have extra USDC and even 0.5 of your BTC. 12) Wait for a potential pop off to $150K. Hell, you've earned a little risk. Always keep at least 0.25 BTC in case we get $1MM someday. 13) Get ready to buy back in sub-$100K. Satisfied?
Look into stinkdex very strong MM holding it where they want it. It's the only token the creator of fartcoin dcas and holds. The lore is tied together.
Decentralized… retail holds 8-9% while large investors hedges and other MM own the rest. Like it or not it’s already part of the system, it’s just another form of the stock exchange.
Hopefully degen leverage gamblers will keep building walls of leverage lower and lower and lower for MM's to go grab up. Cheaper sats are always a good thing.
? where else would you store $7M in crypto? ... coinbase? MM?
Why? What would the token even do or be for? 75% to the "dao/metamask fund, 20% to insiders, 5% for "community"? Meanwhile the token is used for nothing since MM functioned fine for years without it, and the only people making money from the airdrop are the people who knew you had to do one million of volume or more on Scroll or Canto.
It's a phenomenon that *occurred*, it's not a guarantee. Pumps don't just happen magically, there needs to be interest for MM's to push price around and interest is dying
Thank you for the anecdotes. If I ever risk a big sale of bitcoin, I hope that, if it goes wrong, I can at least get my funds back (in whatever currency) eventually. I bookmarked a post on here a while back from somebody who had upward of £1MM frozen by HSBC, I'll try and dig it up. I wonder if they're still waiting.
The more BTC goes up, the lower the overall return is likely to be. I'm not envisioning a quick run to 200k, 500k, or 1MM here any time soon. How many quarters actually was it to 100k Q4 2021, anyway, like,... 11? 12? Meanwhile, some alts very will could double by Q4. This is a risk vs reward thing. As long as BTC outpaces the stock market, everyone invested wins. But some people want a little more risk exposure. Others want a lot of more risk exposure.
You should reply to your post and say you were 2 years early. 7.39BTC should be at around $2MM-$3MM by Dec 8 2027.
No it’s like 0.00011MM (let’s go bigger / smaller)
What's even funnier is that now they are saying its worth $10,000 when thy used to say it was "pupil mania" when it was at $10,000 We ar making progress. I cant wait for "₿itcoin is going to drop below $1MM and probably go to $200K" posts