BTCUSDT20240516P66000
Bitcoin / Tether USD May 16 2024 66000.00 Put
crypto

Who knows... however he did not make the right decision either way...
He put 1700 × 0.08 = 136$ in and sold at 0.3 receiving 510$. That is a profit of 374$, not nothing but also not great in any way...
So when he wrote that he could have at least afforded to buy for 136 again, which would have been ~17 BTC worth about 1.5 Million today... or maybe she would have sold it again at 80$ being 10x profit...
The though error is here that his mistake was to sell at .3$, while it actually was to sell and then leave the game... could have kept 250 of the 510 and reinvested 260 of it and again and again along the way...

No. This is wrong. I know many people with substantial assets and retirement accounts that do not touch BTC (today being Thanksgiving, I will see several that fit in that category). BTC is a risk asset and it is not right for people with less of a risk tolerance. And, as it has gained more main stream recognition, it has not performed as well (down 5% in the last year) as it is a harder sell. I know it is logical to say “zoom out”, but people considering new investment classes will look at recent performance - it’s just natural. I like BTC, but am also less risk adverse. BTC only makes up about 4%of my retirement funds.

Only if you sell... And selling my BTC? Lol

You think BTC will 100x in 15 years?

As a long term holder 5+ years it's by far my best returning asset. One of our 401ks is only grayscale eventually converted to BTC and it is up something like 600% since day 1. Another one of my sep 401k's I started with a account I run and bount ibit pretty low )I think around $40k). Last I looked it was about to round 300% gains. It's probably at high 200% right now in this dip. Once you get that conviction you just stop looking, toss it on some MFA cold storage and keep working and generating revenue and making DCA or big dip buys (the 2 I participate in)

Since he drips that income, only his drip is affected. If he was using it as income and only needs 4k\month to live on, even if the market crashed like the 2008 gfc, his income might drop in half, but that's still more than he needs, would just be unable to reinvest as much until the market recovers. Hypothetical example of course.
Personally I wouldn't be comfy with that much in a Bitcoin fund, but then again, I swore I'd never touch BTC, until I did. 😜

The odds of Fed rate cuts are rising because the job market is clearly weakening. That’s good for a short-term bump in BTC, but it’s not exactly great news for long-term economic growth.

Ich kenne BTC seit man damit für 10 BTC eine Pizza bestellen konnte. Jedes Mal, wenn ich den Kurs sehe, denke ich mir "was für eine kranke Scheiße". Damals war es einfach nur eine nerdige Spielerei. Heute ist man mit 10 BTC Millionär.

ne, BTC

Can someone explain this to me: why isn't MS Valuation just the NAV of the BTC they hold? Do they add any value to the BTC they buy? With this price drop in their stock price, is it still trading at a premium over there NAV?

first time I heard about the BTC was around 2015 when the sarkweb / Tor got kinda trendy that year I was confused what's BTC and who's controlling it etc.. which got me serious

You are the one that responded to a 5 month old post with cherry picked numbers, I just expanded the time frame to something more representative of relative behavior.
But the general suggested HODL time for BTC is four years, so lets expand it more.
On November 26, 2021, Dogecoin closed at about $0.2210 and Bitcoin closed at about $53,569.77.
Today, November 27, 2025, DOGE is around $0.153 and BTC is about $91,430.
That means over the last 4 years, DOGE is down roughly 31%, while BTC is up around 71%.
Make all the silly arguments you like; BTC is the king, deal with it.

13 year old kid told me to buy BTC in 2013. I laughed at him. Now I wish I didn't.

That's awesome! I started way more randomly, but I totally get why you didn't stick with the bot/VPS route; it's not for everyone. What made me stay was seeing how much capital efficiency you could get with the right tools. I mainly day trade now, and I stick with BYDFi because they balance security with utility. They back their platform with an 800 BTC Protection Fund, which helps me manage risk when actively trading. The BYDFi Card is great for utility, and I can easily find new opportunities because they offer over 1000 spot assets.

BTC CAD is at 128. So not sure where 95 came from

Mono[censored] Bitcoin Edition board game - Maxis BTC Games

Ich wurde für meine BTC und das Mining in den 2010er belächelt. Vor allem das Mining hat Spaß gemacht. Habe natürlich zu früh verkauft, aber bereue es keinesfalls.

BTC is the new home ownership. Those of us that have been stacking vigilantly are going to be heavily rewarded regardless of what the market does. We will have the same options and leverage that home owners used to have, and in spades with more flexibility and liquidity.

Not only Bitcoin I only have 5% net worth and I want about 10% net worth in BTC, most of my assets are in msci world and some single stocks.

I agree that BTC can go to 1.5M, but it may take a little while.