BTCUSDT20240227P53500
Bitcoin / Tether USD Feb 27 2024 53500.00 Put
crypto

I'm assuming you were leveraged to get 4x on BTC? If there are rate cuts in September I'm expecting another boost but otherwise nothing crazy (crazy meaning a full altseason not random coins going off for a few days). BTC I can see hitting a consistent range of $120-130k by EOD but not worth holding out for if you're already up 4x.

BTC 5 AMD-8/29-160P @ .10 held overnight for net $362.15 gain.

Haters will say this somehow centralizes BTC.

It's funny how XRP is the scam when they did all the heavy lifting for legal clarity regarding crypto. Bitcoin and Ethereum just got a free pass from prosecution from corrupt people in government, the very people who sprung the lawsuit on Ripple. Bitcoin maxis have some gull now that its above $100k, what happened to being the anti government coin? XRP at least never pretended or was never marketed as anything but a centralize banking coin.
The hypocrisy is crazy and the tribalism for maxis is such a joke (or completely funded propaganda). Largest owner of Bitcoin now is Blackrock... second to that is Microstrategy.. Bitcoin is already in the hands of centralized power, is up to them what the price of bitcoin will be moving forward. We don't care about the fundamentals really as long as the price is up right?
XRP is exit liquidity lol just Sunday an ancient wallet sold $2.5 Billion dollars worth of Bitcoin on the open market, pure market manipulation, no coin is safe from 'jeets' - BTC maxis happy they have Big Banks and Hedge Funds buying up that dump now?
We all just here for profits, anyone who says otherwise is just a shameless shill. If you couldn't profit off Bitcoin, Ethereum, or XRP so far and now you hate one or the other that's a you problem.

Never understand why people short BTC

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**Reply in post first! Chat preferred...** **Will not reply if no comment.** 
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I sold all my btc yesterday so que an insane rally :)
Possibly im selling early, but im up 4x on my BTC this cycle, that's good enough for me
But I'm just about breaking even on most alts, some are up a 2 or 3x but others (Dot) are waaayyyy down

Chaumian E-cash allows BTC (or any other currency) to be sent privately. The most current system to deliver this is called 'cashu'. It's very easy to use now

Do not go for risky. You definitely will lose.
I think you want to go for risky because of the possible upside?
Go look into SPX6900!!
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Who is we? Ethereum and BTC is definitely not lower.
Just saw your history. Every post is you bitching.

Yep, sold some after last run up. And then bought the BTC/ETH dip last spring.

Seems like all you're doing is betting that the ETH/BTC pair will revert back downwards. I had your trade backwards. Godspeed

BTC, ETF, SOL.
Everything else is somewhat risky unless you’re looking for a rollercoaster. 🎢

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As part of this historic effort, Kraken has onboarded the Department of Commerce as a client and helped the department procure cryptocurrencies — including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Avalanche (AVAX), Stellar (XLM), Polygon (POL) and Tron (TRX) — to pay for the transaction fees required for publishing cryptographic proofs of GDP data.
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There are 1 million ETH in the exit queue: [https://www.validatorqueue.com/](https://www.validatorqueue.com/)
I don't know why everyone is so eager to sell. Sure, they probably have made a 2x over the last years (or much more if they held for 7+ years), but it would be way smarter to sell only when accumulation starts to decrease.
I'm not really into BTC, but I have the feeling that the HODL thinking is much more apparent there (almost cult-like) than with ETH. And that does drive the price up.

Looks like a Model S, the expensive one. People like to show off their fancy cars. I'd like to see some data backing up your claim about BTC license plates only being on Teslas. I've seen more on Porsche locally tbh, so you are kinda off.

I bought BTC at nearly 20k. It went down to under 5k. I bought BTC at over 50k. It went down to 15k. Buying at 120k isn't a big deal if you used long-term funds, have diversified investments, and plan to DCA more into BTC over many years. Buying at 120k could be a terrible (or perhaps not) decision if your goal is to sell BTC in a month, a year, or possibly even 3.
If you think, like I do, that BTC will outperform other investments in the long-term, then DCAing into BTC regularly is a good strategy. I have not DCA'd recently, but that is largely as I am overexposed to BTC and crypto (though 75% or so of my crypto is BTC). So for me, I am just taking profits for now, but when my exposure to crypto is within my risk tolerance, I will DCA and buy again.
Importantly, I have to balance my expectation that BTC will outperform with my tolerance for risk. As a financially independent guy in his early 40s, I can't afford to massive losses as that will threaten my financial independence. If I was say 25, my risk tolerance would be higher and I would be fine with even higher exposure to BTC/crypto. But if I were just entering the crypto space, I would buy today and keep DCAing in until my exposure to crypto was in line with my expectations for crypto and my tolerance for risk.

I'm in crypto since early 2021 and people here talked about Altcoins all day and something like 20% BTC and the rest shitcoins... mostly. I think the narrative changed

Got it.
Just realize that no matter what you do, your parents will see the transactions. It’s best to respect their wishes. I don’t agree with their approach here cause it’s basically teaching you not to save and just blow your money to get more. Honestly, they might not have the $20/week to give you and this is their was of still giving you money while limiting the amount and saving their pride.
If you buy BTC with your account, the withdraws from the exchange will show up and they will see it.
If you have a want/need for a laptop… maybe put together a business plan and present your plan to them. Talk about the savings schedule of $20/week and how many weeks to get it… talk about the uses for the laptop… things like that.
I’m sorry you are in a tough situation. I wish you the best.

We can look at the early BTC ETF volumes and treasury buys from $MSTR to get an idea on how price moves. It's a slow rise up with massive bull days that see 5-10%.
We can look at the charts right now to see how well ETH has performed. Remember daily moves mean nothing when you zoom out.
1 week chart: BTC +0.5%, ETH +5.61%
1 month chart: BTC -4.81%, ETH +18.12%
Time will surely reward us because the data right now is too bullish to just doubt. Patience wins the race here.