BTCUSDT20240316P66250
Bitcoin / Tether USD Mar 16 2024 66250.00 Put
crypto

We all get there at our own time. My advice, study it and gain conviction. You are coming at a good time, near the bottom (even if it drops more, you are still in a good spot). DCA, and continue learning about BTC. Look for ways to earn BTC (Fold, maybe Lolli) for free.
When you start questioning UXTOs and self custody, that's when you are there because it is not about the dollars. 💪
Good luck and welcome aboard.

I think uncollateralized debt will go away and in the future, you will need something like BTC to open a credit card. Otherwise, all this whole thing was about it to give payment processors bigger margins when charging 3% to transfer money.\[ a

I'd just invest what you can afford to, live with the rest (by live I mean enjoy yourself). Obviously you're still young but the most powerful way to compound growth with your investments is to maximize your income and live well below your means, contributing the rest.
Kudos to you though, you're investing much much earlier than most. Don't worry too much about cost averaging - contributing is more important assuming BTC has a long term investment horizon for you. If it's a trade, whole different story.

Me with BTC

The "catch" the title hints at is almost certainly the tax problem, which is the same catch that applies to all crypto payments in most jurisdictions and doesn't get discussed enough.
In the US, UK, Germany, Australia, and most other major markets, spending cryptocurrency is a taxable disposal event. When you pay for a flight with BTC, you've technically sold your BTC at the current market price and realized a gain (or loss) versus your cost basis. You owe capital gains tax on that gain — even if you're just buying a ticket to Dubai.
This makes crypto payments practically unusable for anyone in these countries who has unrealized gains. You'd need to track: what price you paid for the BTC you're spending, what the current price is at time of payment, the resulting gain or loss, and report it on your taxes. For a $1,200 flight that alone could generate $300-500 in tax liability if your BTC appreciated significantly.
The countries where this actually works well for everyday payments are places like UAE (no capital gains tax at all), Portugal (which had favorable treatment for crypto-to-goods transactions), and El Salvador. Unsurprisingly, Emirates is based in Dubai.
So the headline "Emirates accepts crypto" is a real milestone for the ecosystem, but the practical user experience for most international travelers is: convert to fiat first, then buy the ticket. The underlying payment rails are still the same — only the brand is crypto.
The fix isn't adoption by more merchants. It's de minimis exemptions for crypto spending under a threshold, which some legislators have proposed but not passed.

Depends how you define value.
Don’t forget the value you’re adding to the BTC network by also spending in it. Encouraging more and more people/companies to move over to the better currency.
By participating in BTC your adding value to your stack

I found out with a vol band strategy that outperformed all other alternative strategy failed once for BTC and hasn't recovered well since 2024.
If you don't mind I'd be curious to look more into your strategy or class of strategy for an asset to see what is going on.

At a younger age I don't think I would've held onto BTC until this point in time. Maybe if I was my current age getting in on BTC back then...then yeah, I'd be building Kaiba Corp right now 😂

of course, it's even better than others asset,
because of the volatility, and the fact thats it run 24/7,
Tbh i would never trade crypto discreationnary, only with algo,
you can never be in front the screen 24/7/365.
and volatility create movement, and you can just harness mouvement, and it's still a kinda a young market,
I found it personnaly way easier the create edge,
and if run the same idea on lets say SPX as BTC, it this profitable, but BTC is more profitable
if i run the same idea on sp500 or nasdaq 100 components, and top 100 crypto by market cap, it's always crypto top 100, that have better return,
i have never tried forex, and probably never will, so i can't talk about this one, i simply don't believe in forex overall,

Data tells me BTC does best on liquidity sweep setups and ETH does best with trend continuation setups. Everything else the spreads eats up too much of any potential edge to be made, not liquid enough.

This is rookie mistake. Holders don't have much say on Bitcoin (BTC). **MINERS** do

Is it even possible to create a profitable and consistent algo trading bot for crypto coins like BTC, ETH, BNB, etc., because of how volatile they are?

If you can add a framework to integrate not only BTC but also Ethereum, Solana, XRP, and Doge into the signal set? These assets exhibit persistent short‑horizon co‑movement, and in the final 1–2 minutes their returns typically converge toward Bitcoin’s micro‑regime. Incorporating them as correlated factors could improve robustness in any short‑interval predictive model, especially where cross‑asset beta compression becomes a leading indicator. It’s know its not often, however mostly trading hours

And you have no idea what is in my portfolio. The operative term is "for me". Go right ahead and talk about your experience whilst I repeat for people in the back: " Nothing has outpaced real.estate and crypto in general for me...BTC being one." In short my advice stands ... OP can follow or not. In what alternate universe is 'choose wisely' bad advice or misinformation?

BTC does not typically reach close to double the previous ATH.

Bitcoin hate is at all time high and I don’t see that changing anytime soon.
Unfortunately 90% of the population have heard of bitcoin at this point and they can’t tell the difference between clown coin and BTC and don’t know they are being robbed by the fiat standard.
Unfortunately I don’t see this changing anytime soon 

It's difficult to say. With so much geopolitical uncertainty, it's anyone's guess when full adoption will be. That being said, some countries and businesses are beginning to satisfy orders using Bitcoin. That's a good sign and a very entertaining time for those of us who continue to DCA BTC.

Buying fake ids and eventually weed off the Silk Road is what got me into Bitcoin and sold me on the vision. By junior year of HS I was buying good, but fairly low priced, weed in bulk on the SR, selling it to the two dealers in my town at 2x what I paid for it and then funneling some of that back into BTC and mostly into other shit a high schooler and recent high school grad buys.
Had I been a bit wiser then, I’d be a lot wealthier now. Oh well, still in with no intention of selling anytime soon.

Haveno-reto swap is probably one of the better options available right now if your goal is privacy, but don't think of it as a magic anonymity button. It's decentralized, non-custodial, and routes traffic over Tor by default, which removes a lot of the trust you have to place in centralized exchanges.
That said, your privacy still depends on your overall OPSEC. Things like how you buy your BTC, your payment method, your network setup, and whether you reuse wallets all matter. No single tool can make you anonymous on its own.
I'd recommend reading through Haveno's documentation and Monero's documentation so you understand both its strengths and its limitations before relying on it.
https://haveno.exchange/
https://arxiv.org/abs/2505.02392
https://web.getmonero.org/get-started/what-is-monero/

The 4-year cycle has a mechanical component and a psychological component, and I think the mechanical part is weakening while the psychological part persists.
**The mechanical argument**: Each halving cuts new BTC issuance by 50%. In 2012, that was a big deal — miners were selling a lot of BTC daily and cutting that supply in half had real price impact. By 2024, daily issuance was already tiny relative to circulating supply (~0.08% annualized post-halving). At some point the halving becomes a rounding error in actual supply dynamics, and that point may be approaching.
**What actually drove 2024**: The spot ETF approvals hit in January 2024, months before the halving. BlackRock alone was absorbing more BTC per day than miners were producing. BTC hitting ATH *before* the halving broke the historical pattern for the first time. That's a structural shift — institutional demand is now a bigger price driver than the halving mechanism itself.
**The psychological part holds**: Halvings are still a Schelling point that pulls retail attention back to crypto on a roughly 4-year cadence. Media coverage, new entrants, meme cycles — these still roughly align with the halving calendar even when the fundamental supply math matters less. Markets run on narratives as much as mechanics.
My read: the cycle isn't dead, it's becoming noisier and more front-run. Institutional players anticipate it earlier, so price moves happen sooner and the post-halving peak gets harder to time precisely. "Bad at timing" is probably the more accurate framing.