BTCUSDMOVED20200422
Bitcoin April 22 2020 Daily MOVE Contracts
crypto

Wait this is a dumb question, but wouldn’t BTC miners stopping mining, cause the price of BTC to go up since it will make the BTC’s out there even more scarce? I’m sure I don’t understand correctly so would someone mind helping my brain and explaining lol

BTC is dead again?
<Clarkson 'Oh no! Anyways.' meme here>

The idea of BTC is to be able to buy and sell at anytime anywhere.

1 BTC = 1 BTC. We all know this. Kiyosaki also knows that 1 billboard is 1 billboard.

I would like to see BTC test Microstrategy's average buy price!

Yes, the price of BTC has been rising over the past few years. In 2023, BTC was around 50k.

Those who freak out due to a 30% or so dip, BTC may not be for them.

Yes, they don’t own any BTC. In case you are really that thick

Correct. In my opinion I estimate that 30 years from now, Bitcoin will become overtake gold and become the largest asset in the world. It's not a matter of if it's a matter of when.

Bitcoin has many of the key principals of gold but has wayyyyy more advantages to it. Please do future you a favour and invest at least 10% of your net worth in BTC.

BTC maxis won’t like this but it’s Dino-tech propagating by first mover advantage.
Much too slow and inflexible to actually be worthwhile outside of speculative investment. ERC-20 or a similar setup will be the future and BTC will go the way of Multics. BTC is simultaneously too expensive & too slow to see proper adoption whereas there are alts already being utilized as currency in a fairly seamless interface.
I couldn’t say for certain which alt will stand the test of time but I promise you that BTC is over the halfway point of its lifecycle.

What wallet do people recommend. I have a very very small amount on robinhood but want to start getting more BTC over the next few months/ years

I bet i can buy a BTC for 1000 dollars in about 1-2 years.

Yea just hold and don’t even watch the price going down or up. Can just think about how many BTC you have, just like how many grams of gold you have. It’s all good

Big picture is to follow the fundamentals. Once we get a Market Infrastructure Bill signed into law then crypto becomes legalized in the largest economy in history. This will lead to many other countries adopting similar laws for a globalized blockchain economy. .. I hold a basket of 20 different digital assets (no BTC or ETH because they have utility issues).

BTC and ETH are the ones everybody knows about. I prefer LTC though because it’s just silver (but digital) and even better than BTC (except for the price) but I’m a genius or a retard (only the future will tell). Maybe BNB is good too if you trust Binance because it has a lot of use (as long as Binance doesn’t collapse of course).

I won’t add anymore until I see retest if that $80 Hold. I think 1 more Wash-Out is coming for BTC and The Nazzy. Still Long Enough to Hope I’m Wrong but 2x as Much Cash on Sidelines Hoping I’m Right. Been a Long Term BTC Bull Since ‘21 1st BTC was $47k Lowest $16k and Everything Inbetween up to $70k. Was Eager to sell some Around $115k but didn’t I Listened to All the Chatter $140k - $200k by EOY and All The Chatter the 4/yr Cycle Doesn’t Exist anymore. I Gotta Say Pretty Spot On ATH with the Cycle that Allegedly Does Not Exist Anymore. I Changed my Tune since than I Do Not Believe and 80% Pullback from ATH is Coming I Do Believe we can See $60k - $70k If we have another Drawdown in Overall Everything. Game has Changed A Lot Since the Previous Cycles However whatever Comes I’ll Be Ready. I Have Never DCAed But I Finally Realize It Is the Correct Approach. All My Opinions and GL2ALL

Unless another type of BTC becomes more popular.

blockchain backer called the top for BTC and says we are in a bear market - others say markets still go higher 🤷🏻‍♀️

BTC just corrected 25% in 12 days and everybody’s panicking like it’s their first cycle.
The way I see it, the bull run is either cooling off or it’s done… doesn’t matter. The chart doesn’t care about your feelings. The most reasonable downside is still around $74K.
If we break under that? Different game. With the surge in leveraged longs, the market might decide the only way forward is to liquidate the side that’s been printing the most profit: the bulls.
This entire structure feels like the market is flattening the ground for a proper bear fight. That fight decides whether we get a monster bull run up to $220K, or the classic “lesson learned” dip back to $60K.
Either outcome is fine if you’re positioned like someone who’s not gambling their rent money.
Here’s the playbook:
1. Spot DCA is king
Use 70% of your capital for spot DCA. Add every 5% drop.
Volatility is a discount mechanism, not a threat. Real traders scale in. Degenerates get wrecked.
2. Leverage is just a tool
Use the remaining 30% for leverage only if you have discipline.
If you’re shorting, short toward $75K with max 5x and only 3% of your margin allocation if you want to be safe, but that has less reward. This determines everything.
3. Sideways isn’t “boring”
Sideways on Bitcoin means 10–15% swings. That’s literally a playground for people who know what they’re doing.
It exposes who’s a real trader and who’s a degenerate pressing random buttons.
4. Two types of winners survive this stage:
• Spot DCA enjoyers
• Disciplined shorts with risk management
Everyone else? They’re volunteering for liquidation.
Longs will keep getting shredded until we touch that $75K liquidity pocket.
Bitcoin isn’t your friend. It’s a feral animal with no remorse.
The “get-rich-this-cycle” crowd is about to be sacrificed for liquidity.
If you want to stop trading vibes and start trading data, use tools that don’t lie to you.

Not at all I don’t leverage myself by taking out loans or gambling on trading. I just focus on buying and holding, none of those weird moves that end up making you lose everything in the end. That’s why I feel a bit anxious that I can’t do anything without liquidity to buy more BTC.