BTCUSDT20240118C44000
Bitcoin / Tether USD Jan 18 2024 44000.00 Call
crypto

If you could only hold 3 to 5 altcoins (excluding BTC and ETH) for the next bull run which would you choose ? And why? (optional)

Probalby gonna stick to BTC, i need a reliable one

The worst part of this post is that alts might outperform BTC by a tremendous margin from here for the next couple years. I know this will get downvoted but this is my 4th cycle and I’m starting to rotate out of BTC into other stuff right now.

Every whole Bitcoiner started with less than 1 BTC. 😄
Congrats on taking the first step. The hardest part isn't buying your first sats—it's staying consistent over the years.

Quite honestly, it was just boring. No interest from anywhere, no hype, everyone forgot about BTC. It was like it never existed to the normal crowd.

When uninformed it’s terrifying.
I got in early enough, but only after educating myself. So, while I didn’t like the feeling of “I could have bought X amount more if I had waited” while I surveying months of red candles, I read and listened to everything I could get my hands on related to BTC in the meantime.
Nearly two full cycles later, I am unmoved by the “It’s going to zero” posts and I instead find lower fees for my DCA and accumulate as much as I can.
In short, I feel hope

Because it is. Do you really believe that after over a decade of going nowhere, LTC will just magically reach "1/3rd of BTC" for no reason?

Congrats! :)
Def take a very long and clear minded look at your ultimate plan. Can you afford it lose this money? Can you afford to DCA and if so in what increments. Set up automation.
Do you have a cold storage wallet? Vital to proper storage for Bitcoin. Especially if you’re HODL’ing because this is a very high conviction, long game.
I have some building that goes to cold storage, but am considering doing all I do contribute to my BTC ETF holding. But that’s a personal matter, as well as some tax advantages and needed CSW upgrade.
Do your best to do automation things you can afford, don’t check everyday/follow specific news about BTC etc. you’ll drive yourself crazy!
Wishing you and everyone the best of luck!

The one which makes me money. I don't know why memecoins are frowned upon. BTC the biggest meme coin in the space is praised heavily..

We all know BTC will hit 100k again, so why worry?

💯...ETHs tokenomics are already solid. Nothing to fix...
if supply grew over 5% a year I would agree but its currently growing under 2% a year while adoption is growing rapidly.
There is also a % of Eth lost per year. May be small but every year there will be people that pass away without a plan or just lose access.
If people think under 2% supply increase is causing too much sell pressure they need to
compare BTC...supply growth may be similar to ETH but on top of that there is a BTC energy/miner upgrade sell pressure from mining. That cost paid in BTC is much higher than the 2% supply growth.
Eth should focus on big picture...there is a lot of adoption coming, under 2% supply growth is healthy, DATs and stakers making 2.5 to 3% rewards incentivises holding ETH.
Lets continue to incentivise holders and focus on adoption!!

About 4.54 million Bitcoin addresses currently hold at least 0.1 BTC. So we just narrowed down your number from 210 to less than 4.5M

Got my first 0.005 BTC today!

>I wanted something that allowed me to see the true value in BTC in my spending habits
If so, why are the US dollar values in big black numbers, but the Bitcoin values are in little tiny pale gold numbers, under the US dollar values. Seems like it should be the other way around if you want people to start thinking in sats instead of dollars.

So your own net worth may or may not exceed $7k (depending on how much BTC you have, and regardless of your intent to HODL). But the question was why you claim that more than 99% of the population has a net worth below $7k.

1 year and BTC is getting raped by inflation whereas gold and silver aren't. This was my arguement. They're truly hedge against inflation because during geopolitical instability people flocked to precious metals

"He probably meant $7,000 in savings"
I spent maybe 10K on my car. It's worth 2K now
I live in an apartment. I'm on retirement
The only 'savings' I have is in BTC, My retirement fund
I'm HODLing

the coinbase custody piece is the real finding here, not the fork mechanics. \~80% of US ETF assets in one custodian. when their operating procedure decides which chain is "bitcoin," that's a meaningful centralization dependency regardless of whether any specific fork succeeds.
near-term: BTC dropped \~3% this week from $66k. hard to pin that on fork anxiety when miner support is near zero. macro positioning explains more of the move.
longer-term worth watching: ETFs defaulting to "incumbent chain, no contest" will probably always land right. but "the network decided" and "coinbase and blackrock agreed it was obvious" are different things, even when they reach the same answer.

Hey everyone,
I'm a solo developer and Bitcoin Maxi, and I built Compass after being frustrated with two things: my own spending habits and how other personal finance don't factor it in net worth/spending.
I've always seen USD as kinda worthless and I tend to spend it almost with ease versus when I see Bitcoin. Also, apps like Rocket Money didn't make it easy for me to truly track my Bitcoin holdings since you have to enter the value manually and with Bitcoin that number of course changes. I wanted something that allowed me to see the true value in BTC in my spending habits to help me slow down and something that Bitcoiners were complaining about in other finance apps where you have to babysit the balance of your Bitcoin wallet.
So I built the thing they and myself actually wanted.
**Better**
Compass just knows. Your net worth, your spending, and your goals are all priced in Bitcoin by default, and the Bitcoin part updates itself. You never type a balance again. Expenses from years ago use the price that Bitcoin was then and it's always up to date with current day prices for today when it comes to measuring.
**A few things I tried hard to get right:**
Your Bitcoin balance updates on its own. **YOU NEVER HAVE TO ENTER ANY PRIVATE KEY** and I knew that **security was a huge thing when working on the app.** You can either just enter the manual balance or the public read only address and it just watches and auto updates the balance. This gives me more accuracy when checking my balance.
Every purchase shows up in sats. For example, A $47 dinner lands as 73,194 sats or $2500 in rent is 3,893,293 sats / 0.4 BTC. Four categories: Bitcoin, Necessary, Discretionary, and Wasteful to easily categorize your spending. You have to spend money. Rent, groceries, kids. The point of holding Bitcoin was never to die with it. So instead of guilt, every purchase just shows you what it did to your goal's completion date. So like if your goal is to get to 1 BTC and you're spending a lot in wasteful, it will show you how many days you are behind to your goal.
**Technical:**
I made the app available on mobile, web, and desktop. **The desktop app has no account and no server. Nothing to sign up for, everything encrypted on your own machine.** This is what most people have liked but you have the option to look at it on all devices with sync which is still encrypted in DB. I've also opened source the compass-core that runs the app for the encryption, xpub, and conversions. Linked it in this post
**Cost:**
I'm doing a current deal right now for just $60 one time purchase for LIFETIME. You can pay in Bitcoin or USD. I think if we want to drive adoption of Bitcoin, I think it's important we start actually using it and this is your chance to as well.
I'd genuinely love your feedback, especially if you've been stacking for a while and have quietly given up on your finance app ever understanding it: long-time holders, self-custody people, anyone who already converts prices to sats in their head. Tell me what's missing or what feels clunky. I read every comment.
Thanks for reading, and I really appreciate any thoughts.
iOS App: [https://apps.apple.com/my/app/compass-bitcoin-finance-app/id6776933441](https://apps.apple.com/my/app/compass-bitcoin-finance-app/id6776933441)
Website: [https://compassbtc.app/overview](https://compassbtc.app/overview)
Source (the Bitcoin core): [https://github.com/HRZN-BTC/compass-core](https://github.com/HRZN-BTC/compass-core)
Demo: [https://www.youtube.com/watch?v=BuRxwfyRaTE&t=10s](https://www.youtube.com/watch?v=BuRxwfyRaTE&t=10s)
This is the best app for Bitcoiners

I’ve played around with other stuff, but it all ended up back to BTC.