DAILY REMINDER - YOU ONLY HAVE ONE ONE TASK, BUY AND HOLD BTC

[Anonymous No.29215801]

>don't try to time the market, i just bought my weekly dose of sats
>don't sell your btc to billionaires for cheap
>50% crashes are normal, get used to them
>DO NOT SELL WHEN THE MARKET IS TRYING TO SHAKE YOUR POCKETS, BUY MORE
>don't think it's too late, it's never late, FIATs will always keep bleeding purchasing power
>don't short (or you will lose it all)
>don't long with leverage (or you will lose it all)
>don't swing (or you will lose sats)
>JUST BUY BTC, HOLD FOR A DECADE, AND KEEP YOUR PRIVATE KEYS SAFE, OFFLINE
>don't keep your btc in an exchange, buy them and transfer/store them offline immediately, safely, do 100 backups of the wallet.dat or the seed key, again offline
>CBDC (central bank digital currencies) are a scam, a digital equivalent of fake FIATs money
>every project shilling FIAT CBDC or bad traditional finance derivatives is a scam, DERIVATIVES ARE PURE GAMBLING, STAY AWAY
>sats is all that matters, all shitcoins bleed to zero in the long term, if you don't trust me, check 2017-era shitcoin mothly charts
>don't get scammed by easy money advertisements
>don't trust services like paypal, or other "you cannot withdraw your btc offline" services
>don't wrap your btc (wbtc/sbtc/tbtc/renbtc and similar are scams, and they will run away with your private keys, while you will be bagholding a worthless erc20 shit-token)
>don't buy btc with funds like grayscale, you have to pay a premium and you are not even sure if they are 100% backed by btc, high risk of fractional reserve and no key ownership, same with us equities / stocks with BTC in the balance sheet like MSTR, you get only partial exposure and you are basically buying with fractional reserve, JUST BUY BTC
>i was buying below 1000$ and i still keep buying above 50000$
>YOU NEED 56 MILLION SATOSHIS (0.56 BTC) TO BE IN THE TOP 20%
>BTC is not a get-rich-quick scheme, it's a don't-get-poor-slowly scheme
YOU ONLY HAVE ONE TASK, BUY AND HOLD BTC
DON'T FUCK IT UP ANON

[Anonymous No.29215866]

>>29215801
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

[Anonymous No.29216092]

>>29215801
Blessed thread is blessed.
Reminder that if you bought 1 bitcoin at 6k now you would have 57k

[Anonymous No.29216240]

>>29216092
>>29215866
Orange and Green IDs we will make it bros. Every single other coin is just noise, remember that Bitcoin will eventually kill the legacy central bank tokens, which have a current "value" of over 300trillion.
We are SO fucking early still.

[Anonymous No.29216532]

what gets me is if i listened to the version of this thread from october then i'd still have a 5x but with a lot less of the stress and time it took to juggle all those alts.

[Anonymous No.29216676]

I've got 4000 USD. Do I just DCA weekly for 200 USD in BTC?

[Anonymous No.29216696]

>>29216532
why are you trying to outsmart the market and the whole of corporate america and possibly the world? i don't get shitcoiners

[Anonymous No.29216765]

>>29216676
Fren, can you see line go up? We are literally 3x+ since December...decide for yourself if its worth it to wait another 4 months of gains until youre fully invested.

[Anonymous No.29216783]

How can one thread do the needful so well?

[Anonymous No.29216810]

>>29215801
I have made much more money trading alts than I would have buying btc.. buying btc is good if you have maybe over 500k but anyone else stands to make far more trading alts and learning the market.

Remember there's no reason to play the game like you're a whale. OP is the equivalent of wall street telling you to buy and hold AAA blue-chip stocks and hold for 15 years to make it.

[Anonymous No.29216824]

>>29216765
but what IF bro...

[Anonymous No.29216872]

It's really that simple. Remember there will always be clueless wagecucks making this possible.

[Anonymous No.29216889]

>>29216810
stay mad, shitcoiner.

[Anonymous No.29216911]

>>29216810
>pink ID
>nocoiner cope
>shitcoin shilling
Yep, it checks out.

[Anonymous No.29216957]

>>29216810
No a good comparison cause you are not considering the debasement of fiat currency and shift of capital from old finance to new finance. All of that money is going into Bitcoin.
You are also ignoring the huge risk of trading shitcoins, I wonder why.

[Anonymous No.29216966]

>>29216889
Reminder that some anon made it by getting in on fucking RUBIC within a month, doing far more than btc has in a year. Cope, and seethe. I know that upsets you people making tons of money off something even dumber than btc.

[Anonymous No.29217009]

yes buy bitcoins pumped with scam tethers.

[Anonymous No.29217022]

>>29216966
You're the one that is coping, my friend. Funny that you mention an anon instead of yourself, despite saying you made "so much more money" on alts.

[Anonymous No.29217104]

>>29216966
>*hehe* just put 100% of your networth in some obscure sub 1 bil market cap shitcoin that will bleed all of its value away into BTC in the 1 in 6500 chance that you strike gold

[Anonymous No.29217136]

>>29216957
There's a risk in trading any cryptocurrency including BTC, you mongrel. There will always be risks. You guys are just goldbugs 2.0. If btc gets anywhere near overthrowing fiat the government will come in and lay the law down fairly easily. That's always a risk too, funny how you seem to ignore and leave that out.

[Anonymous No.29217191]

>>29216696
was retarded and new, bought into the "it's not too late" too many times after having luck with it at first. took months to realize it's always too late once you average out the opportunities.

[Anonymous No.29217211]

>>29217022
I've made plenty of gains the last couple months off alts, there have been moonshots everywhere, opportunity everywhere. Far more than I would have with your terrible advice. Anyone in the 5 digit range shouldn't take OP advice.

[Anonymous No.29217303]

>>29217136
So your argument is that we are investing in something that is so strong that it will literally have the capacity to overthrow governments and that we should not do that because we can also be cowarda and gamble on some pussy ass shit token that runs on outdated network in the hopes that someone pumps it up in a month...wow Anon, you're convincing.

[Anonymous No.29217358]

>>29217136
Yes risk exists everywhere but is not the same for all stock/crypto and between Bitcoin and the weekly shitcoin shilled on /biz/ there is a abyss of difference in potential risk, so what exactly is your point?
Oh oh oh here it comes guy the classic "the government will ban it" fud, took you long enough(2 posts).
Well corporations and billionares are openly calling for switching to Bitcoin and the government isn't doing shit. The gov is fully lobbied and just follows the money retard.
Watch https://www.microstrategy.com/en/resources/events/world-2021/bitcoin-summit this is what is going on in half of the corpos board rooms.

[Anonymous No.29217367]

>>29217303
>so your argument is that [inane babble]

[Anonymous No.29217422]

>>29217367
>cant argue at all
I get the feeling that you also browse /pol/ religiously.

[Anonymous No.29217426]

>>29217211
you could throw a dart blindfolded and hit a profitable alt over the last couple months. OP's advice was solid for a lot longer than that and will stay solid no matter what happens to the alt market from now on

[Anonymous No.29217514]

7+ years ago. This fag is probably rich as fuck today. Hold BTC anons.

[Anonymous No.29217598]

>>29215801
Based thread is based.

[Anonymous No.29217664]

>>29217358
I'm not telling you that the government will ban it outright. I have no idea what they'll do in the end, but it is possible. But the point is I can fud just as easily, if you're going to sit here and act as if putting money in an altcoin is the same as flushing money down the toilet because you have low intelligence don't get all upset when someone dares suggest the government can do something.

Do you even understand what fiat does? It let's the government wage war freely, build weapons freely, do just about whatever the fuck they want. You think they're going to give that up so maxis can play king libertarian? Hah! Delusional. Corporation X can throw 1 billion at whatever they want it doesn't mean shit in the grand scheme of it. Golfags have been peddling the same shit for years, much longer than crypto has been around.

[Anonymous No.29217789]

Ordered my ledger when this thread was posted for the first time. I had 0.5 btc at that time, bought a little more, at 0.65 now. I hope you are right frens. I also have ~80k in some ETFs, too much of a pussy to buy more bitcoin. Am i gonna make it with 0.65?

[Anonymous No.29217841]

https://www.youtube.com/watch?v=bZb2qBrVHVY

[Anonymous No.29218146]

>>29217664
I am not even saying it will replace fiat, just that a lot of money from corporations and billionares is gonna move to BTC(many, many, trillions not billions btw), will this replace fiat? No. Cause these people will treat it like a store of value not a currency.
Fiat will die on its own cause of debasement by central banks and eventually it will be replaced by CBDC, whoever kept their money in fiat during the transition will be absolutely owned with Weimar-tier inflation though.
The government has no reason to ban Bitcoin just as it has no reason to ban gold.
Defi trying to replace finance and Monero have more probabilities at getting banned, although probably that will also not happen.
I am not fudding, there are decent altcoins I like but I am not putting my net worth in them and/or risking money on shitcoins either.

[Anonymous No.29218340]

>>29217789
How does 0.65x1Million sound?
If I were you I would probably take out like 10k from Boomer ETFs. Bitcoin will eat their gains for breakfast.

[Anonymous No.29218405]

>>29216676
Don't DCA. The price will go up. Do you really want to buy bitcoin at 100k instead of 57k now? Just put it in now and if it dips, just hold it out faggot.

[Anonymous No.29218441]

>>29215801
I took a loan in March 2020 to purchase BTC at 5k. However I didn't go for the maximum amount I could loan. I'm glad I did it, but I regret not going balls deep. I'll keep holding, never selling.

[Anonymous No.29218454]

I have 1.2 BTC and if this shit doesnt go to a million per coin Im gonna kms myself
(I had 4 but literally sold the bottom and gambled it away on shitcoins yes Im a retard)

[Anonymous No.29218543]

https://www.youtube.com/watch?v=KTf5j9LDObk

[Anonymous No.29218637]

>>29218405
This is actually good advice on biz for once. BTC reaching 100k is a formality at this point. Go ahead and put a lump sum in and dca when it starts to crab or even drop a little. My guess is we will crab between 90-105k for a good 6 months after hitting 100k, and then a few years to dca as we climb to 500k. By then you should have enough to quit working for a few years and invest in smaller coins as blockchain begins integrating more into society

[Anonymous No.29218773]

>>29216676
Don't even bother with btc. You won't make anything with only a $4k investment it's a waste of time.

[Anonymous No.29218858]

>>29218441
Hey man, you're already massively more based than most of us for realising that the crash was not just the perfect buying opportunity but also that you took out a fucking loan to buy more with that shit fiat. Godspeed Anon, you're going to make it. Risk aversion is smart, but Bitcoin is the inverse to fiat which is literally pure risk.

[Anonymous No.29218929]

>>29217422
>I get the feeling that you also browse /pol/ religiously.

He has to do what his rabbi tells him.

[Anonymous No.29218987]

Based OP. (again)

[Anonymous No.29219002]

pompe it

[Anonymous No.29219072]

Does anyone check the BAEX system (#baex)? I found a post about this defi binary platform, looks like it is a new gem. A lot of instruments, bonus system and profit range from 180 to 220%. It will be good with the modern algorithm. As I get, they have Yahoo Finance quotes source.

What do you think about this system?

[Anonymous No.29219495]

>>29216240
Grant me colours and grant me gains

[Anonymous No.29219591]

>>29218858
Thanks anon. I realize I got late into the game, but I'm glad I managed to get in nonetheless. Best of luck with your investments, we are all going to make it.

[Anonymous No.29220497]

bump

[Anonymous No.29220897]

>>29215801
should i sell my ETH and DOGE back into BTC ?
t. bought eth for $600 and doge at .4c

[Anonymous No.29221294]

does anyone have an idea how much btc the average normie holds? btc going to one million seems impossible because I feel like a lot of people woud suddenly become wealthy

[Anonymous No.29221484]

>>29221294
>does anyone have an idea how much btc the average normie holds? btc going to one million seems impossible because I feel like a lot of people woud suddenly become wealthy
Avg normie can afford fractions of a BTC, anon. There will be definitely be new tiers of wealth elite being created for those with 5+, but the percent of ppl with even just 1 whole BTC will remain minuscule.

[Anonymous No.29221515]

>>29221294
Most people dont even own a whole bitcoin.
People have been saying for years that this shit is going to die an di used to believe it too.
I've stopped trying to understand it and just buy.

[Anonymous No.29221569]

>>29221294
There are statistics on this and I think the average wallet holds less than 0,3 BTC now.
>>29220897
Make your own decisions fren. You are in the BTC thread, I can guarantee you that not a single cent of mine is invested in Doge or ETH.

[Anonymous No.29221961]

>>29215801
based

[Anonymous No.29222012]

>>29221294
0

[Anonymous No.29222017]

>>29221294
remember there are only 21 million theoretical bitcoin (in actuality like 18 million) in the world and there are 7 billion people. it's impossible for normies to widespread hold large amounts of btc, there just isn't enough of it. if you have .1 btc you are in the top 10% of btc holders right now, if btc goes to global reserve scale you'll be higher than top 10% globally

[Anonymous No.29222044]

>>29222012
Oh yes, I forgot lol. Everyone that owns bitcoin now is still less than 0,1% of mankind.

[Anonymous No.29222249]

>>29221294
depends how many people were gambling 1000's on a 'shady gamble', an 'internet fad', or worthless 'internet meme money with no use' no later than early 2017; I'm lucky to have been one
because after that it was quite expensive for any average person to buy multiple Bitcoins [if they had the balls too, crypto was still kinda unproven then]
even 20k to 3k all my dumbshit normie friends still didn't understand Bitcoin, or care too now that '"it's all over and everyone already made their money", I bought at 3k again, and they didn't
normies were hardly if at all accumulating any BTC this past 3 year bear market because in their short sighted minds, it was a dead fad and it was basically all over.
seriously, did you talk to any normies this past 3 year bear market? literally every one was highly suspicious of crypto thinking it's dead, from chumps to an ex-financial analyst with a finance degree

[Anonymous No.29222270]

Its not letting me buy any currency, did my fucking bank block binance?

[Anonymous No.29222496]

>>29222249
The total amount of BTC wallets is just 64 million and I assume at least 10 Million have lost access or dont hold any BTC. 77 million would be roughly 0,1% of Mankind, this means that crypto adoption in relation to sheer numbers is not even 0,1%. Most people will never get it or when they do, they will only be able to buy 0,000001BTC.

[Anonymous No.29222577]

>>29217664
bitcoin is an asset like gold, not a money

[Anonymous No.29222811]

>>29217664
Value will skyrocket if they do

[Anonymous No.29222851]

>>29222017
the worry i have about bitcoin is the opposite direction, that it's too concentrated in the top wallets. the 100 btc to 10,000 btc range has only 13,000 wallets in it and owns 40% of all btc. maybe some of that is lost, but i doubt it's a larger chunk of it than any other section. some of it's probably institutional as well, which means it's not single people, but reality is there are some massive whales in the bitcoin world and those people could crash bitcoin if they decide to profit take in mass

[Anonymous No.29223189]

>>29222851
I dont really see the point man.
Who do you think owns 50% of the wealth globally speaking? Its not in the millions bro, its literally less than a thousand people who own 50% of everything that can be owned.
>What if they rugpull themselves.
Not going to happen for obvious reasons. Billionaires are to millionaires what millionaires are to middle class people. We are millionaires in comparison to the bitcoin whales.

[Anonymous No.29223330]

>>29216240
rolling

[Anonymous No.29223370]

I keep waiting for BTC to go down to $35k - $40k price range forever but fuck it, I just bought at $52k and see, it's at $57k now.

Just fucking buy it now. I have to agree that timing the market is almost impossible. Remember that $52k is fucking cheap when you see the price range at $60k tomorrow.

[Anonymous No.29223501]

Buy the dip, anons.

[Anonymous No.29223524]

>>29221294
You only become wealthy if you cash out.

A lot of people will be JUSTed once the music stops. We can't all be winners.

[Anonymous No.29223599]

>>29223370
you cant rugpull yourself
if you pull the rug, then you win and everyone else loses

[Anonymous No.29223647]

>>29223370
I CANT BUY ON BINANCE IT KEEPS DECLINING MY CARD WHAT THE FUCK

[Anonymous No.29223690]

I've mostly consolidated my alts into BTC. I don't even have ETH or LTC. But it's because I'm scared of a crash and hoping BTC loses less than the others.

[Anonymous No.29223695]

>>29215801
naming my first child satoshi if btc hits 250k this cyc

[Anonymous No.29223718]

>>29223647
should have went with based kraken.com

[Anonymous No.29223958]

>>29223718
what fees do they have? maker/taker deposit/withdraw?

[Anonymous No.29224131]

>>29223958
I paid like 5 bucks for sending 7000USD worth of bitcoin to my wallet a few days ago. Buying bitcoin is like 0,25% if I recall correctly, I dont care, I just love their UI, the support is great, simple to use and quick deposits.

[Anonymous No.29224161]

>>29217009
Load ze Tether fud...

[Anonymous No.29224973]

>>29215801
Bump