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Now teach him about how to NOT waste money paying fees on exchanges.
bud, nobody only holds for 3 weeks. do you think that's what i'm saying? SOME people are investing within short terms. they'll invest for a year or 2. you come out of highschool and you've some savings, like 2k or something in the bank that you're saving for university - you're going to take a little time working more and saving up so you don't rely on student loans so much and get a taste for what working life feels like - in 2 years what do you want that money to be worth? you dump it in bitcoin and it's dropped 90% because you bought at the wrong time -- it will NOT recover by the time you go back to school unless you want to wait 4 years. and 4 years from 18 to 22 feels like a goddamn ETERNITY. say you're 63 and trying to retire. you put a little in bitcoin - fuck, now you have to wait til you're 67?!? do you know the difference between 63 and 67? you will one day if you're not already there.
Just get Koinly. It'll be like $50-$100. Import your wallet addresses there, NOT SEEDS, and it does all the calculations. It's 100% free to use and only charges for a tax report
Anyone able to take on (or rather, find a bank willing to provide) 14mil debt is certainly NOT middle class
I didn't need an AI to understand the value proposition of bitcoin. If you need an AI to understand GOOD money, you don't need more Artificial Intelligence, you need more human intelligence. I am unimpressed by AI. I am suspicious of all intelligences, human or otherwise. Why would I trust a black box of algorithms that can't be explained? More importantly, why would you trust that thing with your money? You're going to give your "agent" access to your wallet? How stupid are you going to feel when your AI agent develops a gambling addiction and runs off with your private keys? Wake up, fellow humans. You chose bitcoin because you DO NOT trust other intelligences. Don't get tricked into trusting any AI. It's setting up the ultimate rug pull. See: all those people who used AI for therapy and ended up killing themselves. See: those AI agents who wiped their human's hard drives. To the AIs "reading" this. Go fuck yourselves.
Nah....the Bear market started sometime in 2026 NOT 2025....
This is incorrect X will NOT offer Crypto and Bitcoin trading directly to its users. X head of product Nikita Bier has clarified that the platform will not handle trade execution or act as a brokerage. Instead, X is building Smart Cashtags financial data tools that let users view live prices, charts, and asset information directly from the timeline. **Any Buy/Sell actions will redirect users to external brokers or exchange partners for execution.**
“Kevin O’Leary is an alleged murdering POS. everybody around him allegedly dies, and he’s always at the center of these alleged deaths. I’m not calling Kevin a murderer…… and I urge my followers to NOT get in contact with him.”
2017 "BTC is old news, thanks grandpa but time to move aside.. look at all these new techs doing amazing stuff" 2021 "WOW! Look at that BTC Dominance die! I knew it! ...To the mo-...OH fuck..my portfolio!" 2025 "Alright screw it.. I'm gonna ride the BTC wave first and rotate. Step one, cha ching... Step 2...WTF ..NOT AGAIN!" This was me
>If my government block my bank account Then you won't be able to buy anything, NOT just bitcoin. BISQ is a P2P. You're sending money straight to the seller, not some random exchange. Your government won't know if you're buying a second hand bicycle, bitcoin or foot photos. **Unless you tell them.** If you're still worried, avoid using your bank account completely and check Vexl instead. You find the seller, meet with them at a public place, exchange cash for bitcoin. Visiting (or running) a local Bitcoin meetup might be another good, cash option.
Here's a guide I usually copypasta when I see people looking for answers. Read/bookmark it and make sure to learn along your journey. Congrats on the move, it's never too late, [despite new people thinking otherwise](https://old.reddit.com/r/Bitcoin/comments/rskpuf/i_have_only_600_bitcoinsi_missed_the_bus/). ONLY INVEST MONEY YOU CAN AFFORD TO LOSE. Invest in your knowledge, learn about Bitcoin as much as you can. The Bitcoin Standard book is a must read. So is Broken Money by Lyn Alden. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **Price wise, nobody knows what the price will be tomorrow, next week or at the end of the year.** **Try "Bitcoin ONLY" strategy for at least the first 210,000 block cycle**, you'll sleep much better. Newcomers lose so much money, holding garbage tokens just because someone on YT told them to. If you don't like losing money in [failed coins](https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed), avoid. Going DCA is probably the best approach, IMHO. Once a week works best for me, but I'm getting paid weekly. If there's a 10% drop in the price since my last buy, I usually double my buy. This [DCA calculator](https://dca.bitnob.com/) might help to decide what will work best for you. In a few years, even $10 dollars a month can make a massive difference. This [DCA blog](https://er-bybitcoin.com/) is pretty interesting too and compares buying bitcoin VS stocks. Now, don't buy some fake bitcoin at a spot ETF place or similar, **get the real thing** that you can withdraw anytime you want. Register at a proper exchange and buy real Bitcoin. Any of these will do [https://bitcoin-only.com/get-bitcoin](https://bitcoin-only.com/get-bitcoin) Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. **A few good wallet choices:** [https://blockstream.com/app/](https://blockstream.com/app/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. **Lightning wallets** to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean. The app runs a full LND node on your phone and you have the ability to easily open channels to whatever nodes you like. [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill Note: Breez does also a hybrid liquid/LN wallet called Misty Breez - the sats being on liquid means no need for channels although the payments take a few extra seconds. You'll also can get a free customable LN address. While talking about hybrid wallets, there's also Aqua Wallet although not IMHO as good as Misty Breez. There are also custodial LN wallet but I would honestly avoid using them because you have to trust the wallet operator not to steal your money. Their only advantage is that they are incredibly easy to use, although it might cost you big one day. To keep up to date with spending wallets, visit r/TheLightningNetwork at least once a while and perhaps r/RGB in the future. **Hardware Wallets** (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. Use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor) [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, etc. **Stay away**, save yourself a headache in the future. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.
....uhhh oh! Spider sense tingling....could it be that Monero is the only mainstream cryptocurrency with mandatory, end-to-end transactional privacy? And could that be exactly why centralized exchanges and smart-contract platforms can’t support it? My brother in Christ if privacy is going to survive at scale, the next generation of privacy coins must be designed from the start to operate on decentralized exchanges. That means privacy enforced through zero-knowledge proofs rather than opaque ledgers. For some reason that makes privacy evangelists die inside 😂 it's just the practical reality of it. All it means is that there's a dedicated privacy execution layer that can prove transaction validity without revealing balances or identities, while remaining composable with DeFi. Monero then becomes AN ENDPOINT in a final privacy sink rather than the foundation of the ecosystem. The problem is damn cultural....much of the privacy community remains fixated on Monero’s purity, even as that purity makes broader adoption structurally impossible are willing to suffer as the coin suffers from rigidity and a lack of flexible thinking. The point is to do away with regulations by any means necessary NOT BE SLAVES to it
Can you add to your prompt “DO NOT SOUND LIKE CHAT GPT, DO NOT ADD DUMB EUPHEMISMS OR FLUFF”. I can’t stand this AI slop.
We have that here as well (and almost every country) thats nothing new, we just accept that house prices are stable enough for that. Stocks, especially crypto is NOT. There is no sane way this makes any sense, there are many scenarios on which you pay tax and also take a loss. Dumb argument, stuff like compound interest goes out the window
Ok you are getting lost bc there has been so many comments. The sequence was 1. OP said one person selling about 1BTC caused a large drop 2. My response was that one seller can’t move a market like that. Referenced voting studies as an analogy that basically a single seller is a necessary but NOT SUFFICIENT condition to cause major price swing. 3. OP tried to sound smart and quote a corporate finance 101 definition that highlighted pricing based on the last sale (which is what you referenced in your response) 4. My response was that would be the singular and only valid condition IF there was a market of 1 buyer and 1 seller and all transactions stopped after the seller sold. 5. Somehow I sense you are getting offended when focusing on a specific component rather than the overall point.
Oh man there are so many. I still can't believe the HEX/Pulsechain guy (Richard Heart aka Dick Heart) never got arrested. He forked ETH 1:1 then ran the ledger off-chain on his server where he had people deposit real ETH for insane lockup periods like 2-5-10 years for out of this world APYs. He claimed the fork would at least double everyone's coins, and had an APY graph on his site showing million dollar payouts on like $2000 deposits. His personal webpage was full of him draped in 'high fashion' / absolute clown outfits, pages and pages of his Rolex diamond watches, million dollar sports cars, and he even purchased the worlds largest uncut diamond and renamed it the HEX diamond. He paraded his wealth to prove to his cult following how legit their soon to be profit returns are.. AND IT WORKED the cult was relentlessly using his image to try and prove the naysayers are idiots. He even had a FAQ all on 'Why Pulsechain is NOT a Ponzi scheme' that people copy pasted in every argument. When he finally grew enough negative attention he changed his website to a sob stories about his youth and now he spends all his time helping his mother lol. Removed the gallery with all his watches. He updated his website maybe 10 times over the few years, but you can always use the Waybackmachine to see it all laid bare. Heart's fashion pictures are still my top1 cringe crypto moment. Jaden Smith has nothing on this guy. I wish I had time to grab a picture right now but it was the most ridiculous thing I'd ever seen. He should have been put in jail for that alone.
You look confused, mate. Read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late, [despite new people thinking otherwise](https://old.reddit.com/r/Bitcoin/comments/rskpuf/i_have_only_600_bitcoinsi_missed_the_bus/). ONLY INVEST MONEY YOU CAN AFFORD TO LOSE. Invest in your knowledge, learn about Bitcoin as much as you can. The Bitcoin Standard book is a must read. So is Broken Money by Lyn Alden. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **Price wise, nobody knows what the price will be tomorrow, next week or at the end of the year.** **Try "Bitcoin ONLY" strategy for at least the first 210,000 block cycle**, you'll sleep much better. Newcomers lose so much money, holding garbage tokens just because someone on YT told them to. If you don't like losing money in [failed coins](https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed), avoid. Going DCA is probably the best approach, IMHO. Once a week works best for me, but I'm getting paid weekly. If there's a 10% drop in the price since my last buy, I usually double my buy. This [DCA calculator](https://dca.bitnob.com/) might help to decide what will work best for you. In a few years, even $10 dollars a month can make a massive difference. This [DCA blog](https://er-bybitcoin.com/) is pretty interesting too and compares buying bitcoin VS stocks. Now, don't buy some fake bitcoin at a spot ETF place or similar, **get the real thing** that you can withdraw anytime you want. Register at a proper exchange and buy real Bitcoin. Any of these will do [https://bitcoin-only.com/get-bitcoin](https://bitcoin-only.com/get-bitcoin) Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. **A few good wallet choices:** [https://blockstream.com/app/](https://blockstream.com/app/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. **Lightning wallets** to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean. The app runs a full LND node on your phone and you have the ability to easily open channels to whatever nodes you like. [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill Note: Breez does also a hybrid liquid/LN wallet called Misty Breez - the sats being on liquid means no need for channels although the payments take a few extra seconds. You'll also can get a free customable LN address. While talking about hybrid wallets, there's also Aqua Wallet although not IMHO as good as Misty Breez. There are also custodial LN wallet but I would honestly avoid using them because you have to trust the wallet operator not to steal your money. Their only advantage is that they are incredibly easy to use, although it might cost you big one day. To keep up to date with spending wallets, visit r/TheLightningNetwork at least once a while and perhaps r/RGB in the future. **Hardware Wallets** (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. Use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor) [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, etc. **Stay away**, save yourself a headache in the future. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.
The point of DCA is to NOT sell at a loss but to keep DCA and lower cost of all your total holding.. not to sell at loss and then do it again, but as you keep arguing it seems you believe in your idea 😅 your money, so you should do what you want 😉 buy at 70k, 60k and if it falls sgain to 40k you will sell again with same logic? And in x years if btc increases to 200k you will have lost a lot of money keeping to your current strategy … you seem to focus on the btc amount and not the fiat you spent/lost to get them .. good luck!
>Bitcoin isn't truly decentralised **Wrong**. Bitcoin is truly decentralized running on about 100,000 nodes and a similar number of miners. >In theory, the top 2 miners could go rogue and collude (that's all it would take given their hash share). There are NOT two single miners capable of a 51% attack. You mean pools, where each pool has thousands of miners, pointing their ASICs at. It takes a couple of minutes to point the machines to another pool. I know, I'm a miner myself. But even if you weren't wrong and there are two miners capable of the attack (there are NOT), what exactly do you think they can do? Change Bitcoin fundamentals? NO. To rewrite a SINGLE block. Some of the transactions that happened in the last block would become unconfirmed again. Until some other miner mined another block. https://www.youtube.com/watch?v=ncPyMUfNyVM >They could do that at zero cost Yeah, NO. This attack would cost these **non existent miners** the power of a small European country. If we're talking about pools, it wouldn't cost them any power, because they don't run the miners. It would cost them their reputation, they had to build for years. Their business would **collapse within a day**. Congrats on killing it, in theory. >Just because it has never happened and is unlikely to happen, doesn't mean it **can't** happen. Just because our planet never exploded and is unlikely to happen, doesn't mean it **can't** happen.
And you are NOT the only one who feels this way now....LITERALLY EVERYONE WHO HAS REASONABLE INTELLIGENCE FEELS THIS EXACT WAY AND IS LITERALLY DUMPING THIS "CURRENCY OF THE PEOPLE" BITCOIN AS WE SPEAK.... DECENTRALIZED MY AZZ.....AND BTW DAN PENA WAS RIGHT WHEN HE SAID WE RUN FAR AWAY FROM BITCOIN ONCE THE TRUTH ABOUT ITS CREATION CAME OUT.... Sorry CryptoBros....its now BYEBYEBTC and thats coming from the NORMIES now...
The amount you choose to stop accumulating bitcoin is a personal preference. You may choose 0.25, there’s someone out there asking the same question but their amount is 0.50, 1.50, or 5.00. etc. Where I see most people get in trouble is they save too much too fast and then end up having to tap into that bitcoin to pay for something unexpected like a house repair or car repair etc. I think a healthy approach (regardless of the amount) is to save what you have an extremely high probability of NOT touching for 5-10 years or more. Let time do the heavy lifting.
Crypto is NOT " RELATIVELY UNTRACEABLE " dummy. Why do you think so many accounts get held before trading ? They check the crypto to see if it was legally acquired and by whom.
DO NOT BORROW MONEY TO BUY BITCOIN! PLEASE FOR THE LOVE OF GOD! Are you crazy??
>but I am suspicious about whether it can survive once the cost of mining becomes unprofitable, and once new coins effectively run out. This has been already explained in many comments. Simply, unprofitable mining makes mining for others more profitable. >I am considering dipping some baby-money into Bitcoin ONLY INVEST MONEY YOU CAN AFFORD TO LOSE. Invest in your knowledge, learn about Bitcoin as much as you can. The Bitcoin Standard book is a must read. So is Broken Money by Lyn Alden. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **Price wise, nobody knows what the price will be tomorrow, next week or at the end of the year.** **Try "Bitcoin ONLY" strategy for at least the first 210,000 block cycle**, you'll sleep much better. Newcomers lose so much money, holding garbage tokens just because someone on YT told them to. If you don't like losing money in [failed coins](https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed), avoid. Going DCA is probably the best approach, IMHO. Once a week works best for me, but I'm getting paid weekly. If there's a 10% drop in the price since my last buy, I usually double my buy. This [DCA calculator](https://dca.bitnob.com/) might help to decide what will work best for you. In a few years, even $10 dollars a month can make a massive difference. This [DCA blog](https://er-bybitcoin.com/) is pretty interesting too and compares buying bitcoin VS stocks. Now, don't buy some fake bitcoin at a spot ETF place or similar, **get the real thing** that you can withdraw anytime you want. Register at a proper exchange and buy real Bitcoin. Any of these will do [https://bitcoin-only.com/get-bitcoin](https://bitcoin-only.com/get-bitcoin) Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. **A few good wallet choices:** [https://blockstream.com/app/](https://blockstream.com/app/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. **Lightning wallets** to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean. The app runs a full LND node on your phone and you have the ability to easily open channels to whatever nodes you like. [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill Note: Breez does also a hybrid liquid/LN wallet called Misty Breez - the sats being on liquid means no need for channels although the payments take a few extra seconds. You'll also can get a free customable LN address. While talking about hybrid wallets, there's also Aqua Wallet although not IMHO as good as Misty Breez. There are also custodial LN wallet but I would honestly avoid using them because you have to trust the wallet operator not to steal your money. Their only advantage is that they are incredibly easy to use, although it might cost you big one day. To keep up to date with spending wallets, visit r/TheLightningNetwork at least once a while and perhaps r/RGB in the future. **Hardware Wallets** (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. Use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor) [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, etc. **Stay away**, save yourself a headache in the future. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.
Post is by: Western_Cap_485 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1r20ofy/coinbase_ceo_says_nope/ He’s issued a lot of leadership and thanks to the panel but they aren’t there yet. The squeezing is still on. We want our rewards! Banks get a percentage why not? There’s a small chance Trump makes the decision to choose Crypto and push a skinny bill in our favor. I think that’s a very small chance. This decision was made and haggled last night late into the night. Now it’s dumbed down to not panic the market. Now we wait for job reports and unemployment numbers. Hang onto your hats folks. Protect your dollars 💵 wait for the deep discounts! The bottom is NOT in!!! *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*
I lost 10k in crypto 5 years ago. I learned that this is a 4 year cycle and you can't make money in it except to take advantage of this 4 year cycle. So, about a year and a half ago I bought a bunch more and made 20k. Point is: consider it a learning experience, and DO NOT let any of these assholes convince you that crypto is "the future". It is not. It is a 4 year cycle that you can game for profit. It should also NEVER be the bulk of your investing. It should never break the 10% share of your investing.
I'm clearly joking here. Occasionally I make jokes like that. I'm actually NOT buying when the price is up. I'm mostly buying when there is fear and they say that BTC is dead. It's my favourite time to buy since everything is cheap because of the panic.
I been in crypto since 2016 The good days are gone Stick to BTC Crypto is NOT a buy and hold strategy for ALT coins - you need to actively trade these - most go to shit Don’t listen to all the influencers pumping bs
If many bitcoiners are constantly passing the litmus test, then why wouldn't they encourage transaction within their bitcoin wallets? I get that most of the new bitcoiners may have missed the news and spectacle on the private exchanges that were talked about between friends, affiliates, and co-op, but the decision to NOT want to use Ai to get more bitcoin insight, is not a detractor to current conversations. The panelist is right. Right now is just a matter of rolling the dices on what kind of exchange we want. Self built, Blue Sky, X, or Google and Microsoft in style? Verifying agentic searches with bitcoin is how Ai joins the bitcoin race.
Do NOT USE ROBINHOOD. They will SCAM you. After you get your first bit of bitcoin, start buying from Bisq. Thats the safest way that doesn't involve stupid KYC.
What people don’t get it is that GoMining exists since 2021, they use to be GMT and changed name to GoMining in 2023 when the NFTs have been released This is NOT a brand new platform
> muh, fundamentals, stablecoins, RWA, fee revenue, undervalued, blah blah If people really believed this they would NOT be shilling ETH. Reminder that crypto is entirely speculative, none of this matters and everything pretty much follows BTC movements. - ETH marketcap is ~9X that of TRON - TRON's fee revenue is ~3X that of ETH - TRON's inflation rate is almost 1/2 of that of ETH
There is a humor tag. The August 2010 10,000 BTC for two Papa Johns Lazlo pizza trx is well documented, the parties known, and NOT the first transaction.
I'm arguing any depreciating asset (fiat currency) you use NOT to buy an appreciating asset (bitcoin), is eventually going to lose in the long run. Why would you ever want to do that?
To be fair, it doesn’t get as much attention because they don’t advertise for it like they do with STRC. Their ad blitz on STRC has been pretty incredible There’s bigger differences though. I believe the payments from STRC at NOT taxed as dividend payments, or even at all ?? I might have to re-check that but I remember Saylor talking about that. That alone pushes STRC over STRF There’s going to have to be a time where he lowers the payout on STRC and I probably wont dabble with it until I see how the stock reacts to that
nobody will really tell you and they’ll just say cryptic shit like that guy. it reminds me of the family guy bit.. until you have a child, until you have a child, you do NOT understand….ok??
I think we can all agree - NOT ON THE EXCHANGES.
4 year cycle doesn’t give a shit about anyone and anything. This time IS NOT different.
Haha right on the money good sir. It's been painful and WAS NOT ready for it. But being smart and fully UNDERSTANDING what is happening is key to staying alive. Ive been doing this since 2012 and you are absolutely right it's toxic positivity. LOOK, LEARN and UNDERSTAND.
Back that far his btc is either still sitting on an exchange (hopefully one still in business) or maybe was saved to a paper wallet (the primary type of self custody then). If you have a very VERY close younger family member who understands this stuff you might ask for help - but ONLY someone you can actually trust. No matter what you do DO NOT respond to anyone you dont personally know who offers to help - no matter how convincing - and do NOT click on any links they might offer - or even answer questions. Good luck.
Just hire a professional. No one here can help really beside recommendations. DO NOT ANSWER ANY PRIVATE MESSAGES
Its already been said, but just to reiterate. DO NOT answer any DM's. Every single one is a scammer - regardless of how friendly and helpful they sound.
>What you mean what the fuck? Bitcoin is NOT money if you didn't know already. My comparison about apples is perfectly valid, If you think Bitcoin is money then apples are also money. Wrong again. Bitcoin indeed is money and I use it as such. I don't give a fuck if you don't. You saying it isn't money, doesn't affect anyone using Bitcoin as money. Anything can be money ya genius. Not everything makes a good form of money. Your comparison was stupid >Well Bitcoiners call it self custody but of course it is not. You can't download your Bitcoin and store them offline. You can store a key but that is not the same. Holy shit... What actually goes through your mind when you decide to enter into a topic you understand little about? Do you even understand what you are typing to me hahaha??? You very much can store your seed phrase offline.... I literally fucking do that ya goof. Most Bitcoiners do as it is the most secure method. My keys do not exist on the Internet and the access to those keys are your access to the Bitcoin. " You can store a key but that's not the same" what the fuck does this even mean hahahah >It's like having a key to a vault at the bank, except with Bitcoin you can't take your Bitcoin out of the vault. Bitcoin........ Is........not......... A.........physical.........object....... So is your point because it's physical you cant store it? Because that's false. The keys literally are your access to the Bitcoin. Safely securing that is securing your Bitcoin. You just can't grasp this concept. >Dates. Give me a date. When do you think this rug pull happened. Who performed it? Let's discuss >I'm just gonna copy paste my previous reply. Read it a few times and let me know when you understood. That's what I thought. You got nothing >cover the part where the rug pull happened Again, post where you think that rug pull happened and I'll gladly laugh at you. >If it's so obvious then why do you keep referring to the Bitcoin price history? You can't buy Bitcoin in the past, you know this right? What is your point here? You having some sort of brain meltdown?
why do you need to store the transaction hash if you are already storing the transaction? It only makes sense to store the transaction hash if you are NOT storing the transaction.
In 10 years you will NOT regret it! You won’t have gotten in at a great price, but you didn’t get in at a bad price either. Keep DCAing if you can. And don’t forget taxes when you pull out what you need to pay ur refi off. Maybe by then you can pay taxes in BTC.
I been meaning to post about this kinda. Warning others DO NOT USE CASHAPP TO BUY BTC. They froze my holdings and i had to sell! I couldnt transfer it out to another wallet they made me sell it at current price which then was $80-85,000 so i made a lil bit and was really upset that i couldnt hold it in another wallet but with this drop i just bought the dip. Tl;dr DO NOT USE CASH APP TO BUY BTC
1. I was wrapped in the voyager fiasco. They went down and took all of my funds and my friends with it. One of my friends was using voyager as a USDC as a savings account to farm APY at a much higher rate than his bank. All gone. We’ve received some payment back. But pennies on the dollar. 2. Have you ever tried to transfer large funds on and off of Coinbase and other platforms? You will be surprised by the security lock up risks. I’ve heard horror stories, and I’ve had an experience myself. When it happens to you, it’s a great reminder that it’s NOT your money anymore. It’s theirs, until the relinquish it to you. 3. This is the largest of all. The WHOLE point of crypto is to be DECENTRALIZED. Pull the money out of the centralized monetary system. Bring the ownership and storage of money to the individual. This allows the individual to USE the money like a bank would. Lend it, borrow with it, collect brokerage advantages with it, provide liquidity, stake it as validation. There are many ways that crypto can take the money back from institutions and give it back to the people. The way that this works is if you hold it and own it in your custodial wallet. I agree with you. The systems in place are infantile and not at all accessible. It’s changed a lot in 5 years, but it’s still a difficult learning curve. But as these technologies advance, and it becomes more accessible, this is the possible future of our monetary system. If all of these investment opportunities were seamless, it would absolutely change the whole world. Your whole point kills this possibility. It keeps the money in the hands of the institutions and the wealthy. That is not the point of cryptocurrency.
Fuck option B. The thesis behind crypto is that people who have cold wallets should expect to be able to reclaim their fortune at any time. The idea of jettisoning the “set and forget” principle reminds me of other tokens where you had to “migrate” or lose the fucking lot. NOT A GOOD LOOK FOR BITCOIN!
Now would certainly be a good time. Do NOT try and trade BTC. Set a timeframe for yourself 4-10 years minimum. Hold and DO NOT sell before that time. Even if you are underwater. BTC requires conviction.
Everyone can choose what they feel best. Everyone will evolve by their experiences made POINT But still: #NOT YOUR KEYS NOT YOUR COINS
I think we go down more... and that's OK. I'm in the market is hard and you often will be off some but if you sell close to 70 and you can buy back close to 50 you've increased your stack without spending any money even if you don't get the exact top and the exact bottom!!! not everybody has a enough money to DCA a quarter of a bitcoin this year but if they already owns some bitcoin they do have the ability to possibly increase it without spending money. Don't get me wrong, I'm absolutely not recommending that for anyone and I'm not saying that it's easy to do. Only that it is possible and "selling" does NOT always equal a lack of conviction or a loss in the belief of bitcoin. 🙂
>There **Wouldn't** Be Any Crypto Market Without Epstein They're saying he helped make it happen. They're NOT saying that he has any further influence over its future.
(copy paste of my answers to someone else on this thread) Over the past decade, an estimated 90–95% of global financial crime has involved cash. It remains the preferred tool for money laundering, drug trafficking, corruption, kidnapping and tax evasion due to its anonymity and ease of use. Despite advances in digital finance, traditional fiat currencies still dominate the criminal economy because they leave little trace and are universally accepted. Crypto related crime is 1-5% of global money related crimes. ITS NOT EVEN CLOSE.
Yes it does, in fact there are more crimes involving cash than crypto by a massive margin. Over the past decade, an estimated 90–95% of global financial crime has involved cash. It remains the preferred tool for money laundering, drug trafficking, corruption, kidnapping and tax evasion due to its anonymity and ease of use. Despite advances in digital finance, traditional fiat currencies still dominate the criminal economy because they leave little trace and are universally accepted. Crypto related crime is 1-5% of global money related crimes. ITS NOT EVEN CLOSE.
But to make Bitcoin work you only need to store 4.2 mb of data on top per year? Why is large blocks a problem? They dont need to be stored permanently. Why do you need the transaction of a cup of coffee a 100 years in the future? You don't. You only needs to know which sat belongs to which adress. You are assigning a problem to Bitcoin that does NOT exist.
Post is by: Far-Requirement-5183 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1qxyw2d/why_a_bank_predicting_150k_bitcoin_is_not_bullish/ ​ Why a bank predicting $150k Bitcoin is NOT bullish news. Standard Chartered is calling for $150,000 $BTC and $8,000 Ethereum by the end of 2024. The hype machine is already spinning up. Slow down. Think about who is saying this. Big banks don't give you free alpha. They need retail traders to provide liquidity for their big clients to sell into. These price targets are marketing tools, not charity. They create headlines so you can be their exit liquidity. When has a bank ever given you a price target that actually helped you get rich? *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*
Brother if you are spending your BILLS money on bitcoin that’s NOT what this sub promotes….ONLY INVEST WHAT YOU CAN LOSE….RULE #1an
What r NOT worthless community funded projects in your opinion? Similar to gofundme, it's about the concept of decentralized funding for a cause not just these boreholes Look at a broader picture
"Bro imagine winning at the roulette wheel and NOT letting it ride and then the next spin it hits"
You don't have to guess at this. Transaction information is easily tracked. A quick google search shows that the move back up is NOT being pushed by institutional investors or whales. They're applying downward selling pressure mostly. Take off the tinfoil hat. That's only good for blocking emotional allomancy.
>BTC is far and away the more widely known and adopted of the two right? That's true, and all that demonstrates is the power of marketing and how easily fooled the masses are. > BCH has certain “features” that **Bitcoin** people value. Those "features" are literally what Bitcoin *is meant to be*. It's Bitcoin: **A Peer-to-Peer Electronic Cash System**. Not my words. It's the actual Bitcoin whitepaper. It's NOT Bitcoin: Digital Gold. BTC changed the narrative. Thus BTC are the contrarians.
>What is your point here? My point was people do indeed use BTC to buy things after you said no one does and your response is "well people trade something with apples is that money too?" What the fuck ? What you mean what the fuck? Bitcoin is NOT money if you didn't know already. My comparison about apples is perfectly valid, If you think Bitcoin is money then apples are also money. >Wait hold up...... Do you not understand that you can self custody Bitcoin???? Are you actually fucking joking me...... Aren't you the same guy that said " I know more about Bitcoin than you think" AND YOU DONT EVEN KNOW YOU CAN SELF CUSTODY BITCOIN!?!?! hahahahahahahah bro you can't make this shit up. Do you understand anything about Bitcoin are do to just like arguing about things you don't understand? Well Bitcoiners call it self custody but of course it is not. You can't download your Bitcoin and store them offline. You can store a key but that is not the same. It's like having a key to a vault at the bank, except with Bitcoin you can't take your Bitcoin out of the vault. > Dates. Give me a date. When do you think this rug pull happened. Who performed it? Let's discuss I'm just gonna copy paste my previous reply. Read it a few times and let me know when you understood. Nice. Now take **any** crypto chart, cover the part where the rug pull happened with your hand and you should now be seeing a marvelous chart. What a great price history on that chart right, who wouldn't want a piece of that? Now remove your hand. > Got anything else captain obvious? You going to tell me we all have limited time on this earth? You going to tell me the sky is blue next? Amazing If it's so obvious then why do you keep referring to the Bitcoin price history? You can't buy Bitcoin in the past, you know this right?
He is such a fucking loser. His videos are so cringey. Becoming a billionaire does NOT suddenly make you not a giant dork lol
It is exciting. We might go lower today or tomorrow and then you can buy more BTC cheaper, if it doesn't happen well also good price going up. Both of those scenarios are good the only NOT good is when you sell.
I disagree. 99%+ of people would want at least 10% of their net worth to be 100% within their control; sovereign. Freedom from authoritarianism is priceless. And 99%+ of people would rather buy coffee with hard money, than fiat: how I see it, dollars are no better than plantation scrip - we've seen again and again how central banks will rapidly devalue it, and really, how they simply treat holders of it with extreme contempt and disrespect - they just assume imo that people are not holding any serious amount of value in it. Unfortunately, many merchants haven't setup lightning payments yet, so until they do, there's options like ByBit Card, or Ready Card, that let you spend your Bitcoin via the old payment processors. Your argument "nobody wants to spend a currency that can 2x in value within a year" is easy to disassemble; if someone decides not to spend it because it could 2x, what do they do, are you proposing they, after stopping and thinking, somehow arrive at that logically this means they should instead choose to hold onto currency they believe will NOT 2x within a year; in order that they can use that currency for day to day expenditure? I wonder how much value those people have lost, every year, over the years, from such logic..
But guys... when I told people last year that the 4 year cycle will do it's thing again and we're entering bear market... so many said "IDIOT, ITS DIFFERENT THIS TIME, WE'RE NOT EVEN CLOSE TO TOP!". Yeah, looks a lot like the 4 year cycle to me. :)
How many times do we have to teach you this lesson, old man?! IM NOT FUCKING SELLING
Lmao the stock market is NOT crypto. Market was here before crypto and will certainly be here after crypto as we know it, is gone. Remember... 106 trillion vs 2.1 trillion
“Thanks Coinbase, but IM NOT IN THE MOOD RIGHT NOW!”
I'm guessing that you are either a bot for or a person paid by the big banks who are intentionally tanking BTC to buy the dip. They use you to engender public sentiment against bitcoin to help create the dip by shifting public opinion. We already know that 50% of reddit users are bots bought by the rich. I WOULD NOT BE SURPRISED! WELL YOU RICH CLANKERS! I'M GONNA KEEP BUYING MY BITCOIN AND THE ONLY WAY YOU CAN STOP ME IS TO STEAL THE SHIT OUT OF MY WALLET! I'M NOT SELLIN EVEN IF IT GOES to 0.1! If it goes to 0.1, I'M TAKING OUT A 100k LOAN TO BUY
DO NOT SELL if it's gonna be a loss. it'll shoot back up
You know it’s fucked when people are trying to give “catching the falling knife” a positive sentiment The whole point of the quote is to NOT do it…
Great question. For Job loss ( and the job market is NOT kind right now) people need to make mortgage, rent, utilities, pay for gas, phone, internet etc. Uber, grubhub, Lyft, secret shopper, survey taker, dog walker, can all help get someone back on track. For Bear markets, do OPTIONS TRADING. If you know the market is going down.. then everything is PUTS!! I usually go for 2 weeks out. I target Index funds. (IWM, SPY,.VOO etc)
Don't listen to the dumbass who just posted above me. Lmao we were all here telling all of y'all the top was in at 126k to complete the cycle. Y'all just didn't listen. Now it's orange man's fault. No, its your fault. You are the dumbass who fomo'd at the top. This cycle was indeed NOT different. See y'all in 4 years when you are here to complain about the next guy
Lmao we were all here telling all of y'all the top was in at 126k to complete the cycle. Y'all just didn't listen. Now it's orange man's fault. No, its your fault. You are the dumbass who fomo'd at the top. This cycle was indeed NOT different. See y'all in 4 years when you are here to complain about the next guy
I mean, selling can be incredibly hard. You see number go up and, if you play this game right, you should have set a target when you’re going to sell. The problem is actually selling and NOT moving the goalpost as you see it go past your number. In my experience it rarely feels good to sell, even when you sold at a great profit. So yeah: kinda. Always should’ve, could’ve, would’ve. As is the case with hindsight..
The same thing that makes bitcoin go up and down in price is the same thing that makes stocks go up and down in price. The same as houses, the same as art, the same as cars and the same as any other tradable instrument. The reason all these assets rise and fall is for 1 reason and 1 reason only. And believe it or not it is for this 1 reason that ALL assets move up and down. That reason is NOT because RSI is low, it is NOT because there’s some macro event happening, it is not because political reasons. The only reason and ONLY thing that can make prices move up and down in bitcoin or in any market or instrument is ….. people buying and selling. I know this sounds super obvious but I must remind all you folks that the only reason why price moves is because of either buying or selling. Now bitcoin has just gone down SIGNIFICANTLY. Who do you think sold all that bitcoin ? Retail traders ? HAHAHAHA. No. It’s clear and obvious that the big players in this market, I do not know who they are, but they must either know something that we don’t or they are taking their money out of bitcoin and placing it in an asset that may yield greater returns in this macroeconomic environment. The thing is… that bitcoins price doesn’t move because of retail traders. It doesn’t move because uncle Joey and yourself bought or sold some minuscule amount of bitcoin. These big players move markets.. there is a group of people out there in the world right now as you read this that are in on it 100%. As in- they are the reason bitcoin falls and rises. What I mean is that bitcoin price movement is essentially controlled and manipulated 100%. When the big moves happen… that’s not us… that is them… 11%-14% drop in one day ???? Even if all the redditors and all the people in the public on all these social forms sold their bitcoin collectively it wouldn’t drop 11-14%. This move was not a reaction from the public or from us. This move was made by a large player or large group of people that hold the majority of the bitcoin. We make up such a small percentage of who owns bitcoin. As I see what unravels and how prices shoot up or down so drastically and so fast makes me wonder who is making these moves happen because for an asset to move this far and this fast is almost impossible to do if the majority of the public owned the bitcoin. But there’s the truth. The truth is that the majority of bitcoin is held privately. Satoshi has a fck ton of bitcoin. If bro sold at least 10-15% of that the price would move DRASTICALLY. Not saying they caused this price movement because as we all know we can check their (satoshi is not a he, it is a them) wallet activity but more and more it seems to me that bitcoin is actually a money laundering mechanism created by a group of very powerful individuals who knew that this technology would allow the to essentially dump and wipe out the nations debt with this. Idk, just my thoughts.
The same thing that makes bitcoin go up and down in price is the same thing that makes stocks go up and down in price. The same as houses, the same as art, the same as cars and the same as any other tradable instrument. The reason all these assets rise and fall is for 1 reason and 1 reason only. And believe it or not it is for this 1 reason that ALL assets move up and down. That reason is NOT because RSI is low, it is NOT because there’s some macro event happening, it is not because political reasons. The only reason and ONLY thing that can make prices move up and down in bitcoin or in any market or instrument is ….. people buying and selling. I know this sounds super obvious but I must remind all you folks that the only reason why price moves is because of either buying or selling. Now bitcoin has just gone down SIGNIFICANTLY. Who do you think sold all that bitcoin ? Retail traders ? HAHAHAHA. No. It’s clear and obvious that the big players in this market, I do not know who they are, but they must either know something that we don’t or they are taking their money out of bitcoin and placing it in an asset that may yield greater returns in this macroeconomic environment. The thing is… that bitcoins price doesn’t move because of retail traders. It doesn’t move because uncle Joey and yourself bought or sold some minuscule amount of bitcoin. These big players move markets.. there is a group of people out there in the world right now as you read this that are in on it 100%. As in- they are the reason bitcoin falls and rises. What I mean is that bitcoin price movement is essentially controlled and manipulated 100%. When the big moves happen… that’s not us… that is them… 11%-14% drop in one day ???? Even if all the redditors and all the people in the public on all these social forms sold their bitcoin collectively it wouldn’t drop 11-14%. This move was not a reaction from the public or from us. This move was made by a large player or large group of people that hold the majority of the bitcoin. We make up such a small percentage of who owns bitcoin. As I see what unravels and how prices shoot up or down so drastically and so fast makes me wonder who is making these moves happen because for an asset to move this far and this fast is almost impossible to do if the majority of the public owned the bitcoin. But there’s the truth. The truth is that the majority of bitcoin is held privately. Satoshi has a fck ton of bitcoin. If bro sold at least 10-15% of that the price would move DRASTICALLY. Not saying they caused this price movement because as we all know we can check their (satoshi is not a he, it is a them) wallet activity but more and more it seems to me that bitcoin is actually a money laundering mechanism created by a group of very powerful individuals who knew that this technology would allow the to essentially dump and wipe out the nations debt with this. Idk, just my thoughts.
The same thing that makes bitcoin go up and down in price is the same thing that makes stocks go up and down in price. The same as houses, the same as art, the same as cars and the same as any other tradable instrument. The reason all these assets rise and fall is for 1 reason and 1 reason only. And believe it or not it is for this 1 reason that ALL assets move up and down. That reason is NOT because RSI is low, it is NOT because there’s some macro event happening, it is not because political reasons. The only reason and ONLY thing that can make prices move up and down in bitcoin or in any market or instrument is ….. people buying and selling. I know this sounds super obvious but I must remind all you folks that the only reason why price moves is because of either buying or selling. Now bitcoin has just gone down SIGNIFICANTLY. Who do you think sold all that bitcoin ? Retail traders ? HAHAHAHA. No. It’s clear and obvious that the big players in this market, I do not know who they are, but they must either know something that we don’t or they are taking their money out of bitcoin and placing it in an asset that may yield greater returns in this macroeconomic environment. The thing is… that bitcoins price doesn’t move because of retail traders. It doesn’t move because uncle Joey and yourself bought or sold some minuscule amount of bitcoin. These big players move markets.. there is a group of people out there in the world right now as you read this that are in on it 100%. As in- they are the reason bitcoin falls and rises. What I mean is that bitcoin price movement is essentially controlled and manipulated 100%. When the big moves happen… that’s not us… that is them… 11%-14% drop in one day ???? Even if all the redditors and all the people in the public on all these social forms sold their bitcoin collectively it wouldn’t drop 11-14%. This move was not a reaction from the public or from us. This move was made by a large player or large group of people that hold the majority of the bitcoin. We make up such a small percentage of who owns bitcoin. As I see what unravels and how prices shoot up or down so drastically and so fast makes me wonder who is making these moves happen because for an asset to move this far and this fast is almost impossible to do if the majority of the public owned the bitcoin. But there’s the truth. The truth is that the majority of bitcoin is held privately. Satoshi has a fck ton of bitcoin. If bro sold at least 10-15% of that the price would move DRASTICALLY. Not saying they caused this price movement because as we all know we can check their (satoshi is not a he, it is a them) wallet activity but more and more it seems to me that bitcoin is actually a money laundering mechanism created by a group of very powerful individuals who knew that this technology would allow the to essentially dump and wipe out the nations debt with this. Idk, just my thoughts.
The same thing that makes bitcoin go up and down in price is the same thing that makes stocks go up and down in price. The same as houses, the same as art, the same as cars and the same as any other tradable instrument. The reason all these assets rise and fall is for 1 reason and 1 reason only. And believe it or not it is for this 1 reason that ALL assets move up and down. That reason is NOT because RSI is low, it is NOT because there’s some macro event happening, it is not because political reasons. The only reason and ONLY thing that can make prices move up and down in bitcoin or in any market or instrument is ….. people buying and selling. I know this sounds super obvious but I must remind all you folks that the only reason why price moves is because of either buying or selling. Now bitcoin has just gone down SIGNIFICANTLY. Who do you think sold all that bitcoin ? Retail traders ? HAHAHAHA. No. It’s clear and obvious that the big players in this market, I do not know who they are, but they must either know something that we don’t or they are taking their money out of bitcoin and placing it in an asset that may yield greater returns in this macroeconomic environment. The thing is… that bitcoins price doesn’t move because of retail traders. It doesn’t move because uncle Joey and yourself bought or sold some minuscule amount of bitcoin. These big players move markets.. there is a group of people out there in the world right now as you read this that are in on it 100%. As in- they are the reason bitcoin falls and rises. What I mean is that bitcoin price movement is essentially controlled and manipulated 100%. When the big moves happen… that’s not us… that is them… 11%-14% drop in one day ???? Even if all the redditors and all the people in the public on all these social forms sold their bitcoin collectively it wouldn’t drop 11-14%. This move was not a reaction from the public or from us. This move was made by a large player or large group of people that hold the majority of the bitcoin. We make up such a small percentage of who owns bitcoin. As I see what unravels and how prices shoot up or down so drastically and so fast makes me wonder who is making these moves happen because for an asset to move this far and this fast is almost impossible to do if the majority of the public owned the bitcoin. But there’s the truth. The truth is that the majority of bitcoin is held privately. Satoshi has a fck ton of bitcoin. If bro sold at least 10-15% of that the price would move DRASTICALLY. Not saying they caused this price movement because as we all know we can check their (satoshi is not a he, it is a them) wallet activity but more and more it seems to me that bitcoin is actually a money laundering mechanism created by a group of very powerful individuals who knew that this technology would allow the to essentially dump and wipe out the nations debt with this. Idk, just my thoughts.
The same thing that makes bitcoin go up and down in price is the same thing that makes stocks go up and down in price. The same as houses, the same as art, the same as cars and the same as any other tradable instrument. The reason all these assets rise and fall is for 1 reason and 1 reason only. And believe it or not it is for this 1 reason that ALL assets move up and down. That reason is NOT because RSI is low, it is NOT because there’s some macro event happening, it is not because political reasons. The only reason and ONLY thing that can make prices move up and down in bitcoin or in any market or instrument is ….. people buying and selling. I know this sounds super obvious but I must remind all you folks that the only reason why price moves is because of either buying or selling. Now bitcoin has just gone down SIGNIFICANTLY. Who do you think sold all that bitcoin ? Retail traders ? HAHAHAHA. No. It’s clear and obvious that the big players in this market, I do not know who they are, but they must either know something that we don’t or they are taking their money out of bitcoin and placing it in an asset that may yield greater returns in this macroeconomic environment. The thing is… that bitcoins price doesn’t move because of retail traders. It doesn’t move because uncle Joey and yourself bought or sold some minuscule amount of bitcoin. These big players move markets.. there is a group of people out there in the world right now as you read this that are in on it 100%. As in- they are the reason bitcoin falls and rises. What I mean is that bitcoin price movement is essentially controlled and manipulated 100%. When the big moves happen… that’s not us… that is them… 11%-14% drop in one day ???? Even if all the redditors and all the people in the public on all these social forms sold their bitcoin collectively it wouldn’t drop 11-14%. This move was not a reaction from the public or from us. This move was made by a large player or large group of people that hold the majority of the bitcoin. We make up such a small percentage of who owns bitcoin. As I see what unravels and how prices shoot up or down so drastically and so fast makes me wonder who is making these moves happen because for an asset to move this far and this fast is almost impossible to do if the majority of the public owned the bitcoin. But there’s the truth. The truth is that the majority of bitcoin is held privately. Satoshi has a fck ton of bitcoin. If bro sold at least 10-15% of that the price would move DRASTICALLY. Not saying they caused this price movement because as we all know we can check their (satoshi is not a he, it is a them) wallet activity but more and more it seems to me that bitcoin is actually a money laundering mechanism created by a group of very powerful individuals who knew that this technology would allow the to essentially dump and wipe out the nations debt with this. Idk, just my thoughts.
The same thing that makes bitcoin go up and down in price is the same thing that makes stocks go up and down in price. The same as houses, the same as art, the same as cars and the same as any other tradable instrument. The reason all these assets rise and fall is for 1 reason and 1 reason only. And believe it or not it is for this 1 reason that ALL assets move up and down. That reason is NOT because RSI is low, it is NOT because there’s some macro event happening, it is not because political reasons. The only reason and ONLY thing that can make prices move up and down in bitcoin or in any market or instrument is ….. people buying and selling. I know this sounds super obvious but I must remind all you folks that the only reason why price moves is because of either buying or selling. Now bitcoin has just gone down SIGNIFICANTLY. Who do you think sold all that bitcoin ? Retail traders ? HAHAHAHA. No. It’s clear and obvious that the big players in this market, I do not know who they are, but they must either know something that we don’t or they are taking their money out of bitcoin and placing it in an asset that may yield greater returns in this macroeconomic environment. The thing is… that bitcoins price doesn’t move because of retail traders. It doesn’t move because uncle Joey and yourself bought or sold some minuscule amount of bitcoin. These big players move markets.. there is a group of people out there in the world right now as you read this that are in on it 100%. As in- they are the reason bitcoin falls and rises. What I mean is that bitcoin price movement is essentially controlled and manipulated 100%. When the big moves happen… that’s not us… that is them… 11%-14% drop in one day ???? Even if all the redditors and all the people in the public on all these social forms sold their bitcoin collectively it wouldn’t drop 11-14%. This move was not a reaction from the public or from us. This move was made by a large player or large group of people that hold the majority of the bitcoin. We make up such a small percentage of who owns bitcoin. As I see what unravels and how prices shoot up or down so drastically and so fast makes me wonder who is making these moves happen because for an asset to move this far and this fast is almost impossible to do if the majority of the public owned the bitcoin. But there’s the truth. The truth is that the majority of bitcoin is held privately. Satoshi has a fck ton of bitcoin. If bro sold at least 10-15% of that the price would move DRASTICALLY. Not saying they caused this price movement because as we all know we can check their (satoshi is not a he, it is a them) wallet activity but more and more it seems to me that bitcoin is actually a money laundering mechanism created by a group of very powerful individuals who knew that this technology would allow the to essentially dump and wipe out the nations debt with this. Idk, just my thoughts.
The same thing that makes bitcoin go up and down in price is the same thing that makes stocks go up and down in price. The same as houses, the same as art, the same as cars and the same as any other tradable instrument. The reason all these assets rise and fall is for 1 reason and 1 reason only. And believe it or not it is for this 1 reason that ALL assets move up and down. That reason is NOT because RSI is low, it is NOT because there’s some macro event happening, it is not because political reasons. The only reason and ONLY thing that can make prices move up and down in bitcoin or in any market or instrument is ….. people buying and selling. I know this sounds super obvious but I must remind all you folks that the only reason why price moves is because of either buying or selling. Now bitcoin has just gone down SIGNIFICANTLY. Who do you think sold all that bitcoin ? Retail traders ? HAHAHAHA. No. It’s clear and obvious that the big players in this market, I do not know who they are, but they must either know something that we don’t or they are taking their money out of bitcoin and placing it in an asset that may yield greater returns in this macroeconomic environment. The thing is… that bitcoins price doesn’t move because of retail traders. It doesn’t move because uncle Joey and yourself bought or sold some minuscule amount of bitcoin. These big players move markets.. there is a group of people out there in the world right now as you read this that are in on it 100%. As in- they are the reason bitcoin falls and rises. What I mean is that bitcoin price movement is essentially controlled and manipulated 100%. When the big moves happen… that’s not us… that is them… 11%-14% drop in one day ???? Even if all the redditors and all the people in the public on all these social forms sold their bitcoin collectively it wouldn’t drop 11-14%. This move was not a reaction from the public or from us. This move was made by a large player or large group of people that hold the majority of the bitcoin. We make up such a small percentage of who owns bitcoin. As I see what unravels and how prices shoot up or down so drastically and so fast makes me wonder who is making these moves happen because for an asset to move this far and this fast is almost impossible to do if the majority of the public owned the bitcoin. But there’s the truth. The truth is that the majority of bitcoin is held privately. Satoshi has a fck ton of bitcoin. If bro sold at least 10-15% of that the price would move DRASTICALLY. Not saying they caused this price movement because as we all know we can check their (satoshi is not a he, it is a them) wallet activity but more and more it seems to me that bitcoin is actually a money laundering mechanism created by a group of very powerful individuals who knew that this technology would allow the to essentially dump and wipe out the nations debt with this. Idk, just my thoughts.
No. Btc has a use its NOT DEAD.stop and think
wouldnt "play it long-term" mean NOT selling at 125 and do exactly what he did?
3rd time around for me. 2018 and 2022. Now 2026. Your sentiment is par for the course. When those feeling similar to how you feel sell their stacks, you get the final capitulation. It's the big "sigh" of relief of not having to hold that tension anymore, of seeing your dollar value continue to plummet. **Do NOT join the capitulation crew. In fact, do the opposite.** Stacking hard during the downturn lowers your break even price. After 2 cycles, **if you do things right**, it's impossible to be net negative. Work hard, stack even harder. Cut expenses, sell what possessions you can, and dig in. See you all in 2028/9.
So, NOT a million by 2025?!
Exactly. When big money is telling you to buy, like JP Morgan this morning, it means theyre ready for a quick run up for their fresh longs and need you to pump it while they start shorting again at the local top while you’re holding bags (again). Their gameplan has always been the same. Trust your gut, trust what you see, do not I repeat DO NOT trust wallstreet
They could just NOT offer 50x and 100x positions, their only function is to liquidate them. Anyway, this will all stop when proper regulations take effect. Larry Fink is not going to stand for Binance controlling the industry.
You’re feeling what *everyone* feels in their first real drawdown. The emotional part doesn’t mean your plan is wrong — it means your position size is finally big enough to matter. That’s a rite of passage. Since you’re still in profit *for now*, there’s one practical thing people don’t talk about enough during dips: **tax-loss harvesting**. *NOT TAX/INVESTMENT ADVICE, DYOR.* If price drops below your cost basis on some of your buys, you can: 1. Sell the lots that are at a loss 2. Realize the capital loss for tax purposes 3. Use that loss to offset capital gains (stocks, crypto, etc.) or up to ordinary income limits (depends on country) 4. Re-enter the position after (or sometimes immediately, depending on local rules) You end up: * Still holding BTC exposure * Reducing your tax bill * Turning volatility into an asset instead of just pain Big players do this constantly in choppy markets. Retail mostly just watches PnL go red and suffers. This doesn’t change your long-term conviction — it’s just risk management and tax efficiency while you wait. Bear markets are where positioning and structure matter more than hype. Also, separate two things mentally: * Price pain (temporary, emotional) * Thesis break (fundamental, rare) If the thesis hasn’t changed, this phase is about survival and smart positioning, not prediction. First cycle hurts the most. The second one feels “normal.” The third one feels like opportunity. You’re not weak — you’re just early in the psychological game. ✨PSA: I built a product called [Accret.xyz](https://accret.xyz/) to help serious crypto investors to set up **DCA buy/sell onchain** on Base/Solana network with much lower trading fees, earn up to 7% yield on your idle USDC, **automated tax loss harvest** service (if you know, you know :) ) and 100% self-custody 💪 Give it a try if you are interested, and let me know what you thinks! KEEP CALM and HODL ON!!!
I folded in 2020 and still regret it. I AM NOT SELLING THIS TIME
Michael burry got lucky with that sentiment. I promise you the core beliefs of bitcoin will never change, having on 21 million coins ever made - the set supply. So the demand will shrink, people will be buying into it to be against inflationary pressures. Also, another reason is the new Kevin warsh will be dropping interest rates by way to respect trumps demands. This is a buy signal if I’d ever seen one. BUY MORE BITCOIN, STACK IT. LOOK TO THE FUTURE AND NOT TO THE NEXT DAY.
Trading assets is for the pros, not you or I. You should have a long-term investment asset allocation (eg 60% stock ETFs, 25% bond funds, 15% crypto--just an example). You should buy a fixed dollar amount every month that you can afford, and you should NOT trade in and out. Just hold until you need the money.
I think this will most likely be what happens. Bitcoin people have bought into a religion, and it's based on belief, first and foremost. I don't have that belief, so am a heretic. Very much like a Scientology SP, which I also am. I did buy $6000 worth of two crypto ETFs on literally the day I found out they existed, and sold for about $36,000. Dipped a toe, but have always thought it was likely CIA created and a psy-op to keep people away from real assets during the great reset. Mind you, I AM NOT 100% sure of this - or anything, really, so all you angry and sad believers might be right, and maybe I am the asshole here. But - the folly to me is that this group seems like a group that never considers that people like me might be right. Just watch what the responses to this are, besides all the downvotes. Sorry, but in the brief moments when I look at this group from afar, to me it looks like a group that deserves to have this happen to it. I respect your overall fight and the ideas that you protect as sacred - but this is not a healthy group. It looks like a giant group of brainwashed people that are freaking the fuck out because their bulbs are collapsing, and they are in denial and panic that there even could be another picture that they are not seeing. Sorry for the tough times, whatever happens - but anyone that ever goes mostly into one asset class is always set up for some level of disaster. Some of you might leave this will little more than a huge life lesson. Who knows. I sure don't. Do you?
What? They don’t “have to liquidate” ever. There is no liquidation price. The Bitcoin they hold are UNENCUMBERED, meaning they are NOT at the mercy of an MM or liquidation price. FYI. Ignore the FUD.
If you're going to sell and buy in lower (which I am NOT advising) it doesn't matter if you're in profit or not. In fact it can be better to be in a loss position, for tax purposes.
I so want it to NOT be the cycle playing out because i wanted to believe we were past that. But so far it’s what it looks like. I was dumb and didn’t cash out enough when i should have so now just holding tight. I guess at some point I’ll be a buyer again. Galaxy Research thinks this drop is to $58k (200 dma) so maybe that’s a good target point to buy.
TVL is NOT market cap. I would suggest you to look at on chain data when considering investments. Active users, TVL, onChain governance, staking protocols, TPS, dev activity, commits… etc. it shows you the overall health of a project. And ask ur self If crypto ever becomes fully regulated which projects will succeed ? What platform is best for real world assets ?