BTCUSDT20240402P66250
Bitcoin / Tether USD Apr 2 2024 66250.00 Put
crypto

that's true, but I think BTC is at all time lows and I took at 50% LTV, so its safe until BTC just crashes to 25k to 30k

Start with something simple: put **$200** on **Kraken** and watch it for 12 months.
A beginner‑friendly allocation might look like:
* **50% BTC**
* **20% ETH**
* **15% SOL**
* **10% XRP**
* **5% KAS**
All crypto lives on blockchains and requires **private keys** to move.
On an exchange, the platform holds the keys.
With **self‑custody**, you hold the keys yourself, usually stored as a **24‑word seed phrase**.
Anyone who gets your seed phrase can take your crypto, so beginners are often safer starting on a top‑tier exchange like Kraken or Kraken Pro.
Learn the basics early:
* Blockchain fees
* Exchange fees
* Spreads
* Stop loss orders
* Self custody wallets
* Seed phrases
* Passphrases
* Hardware wallets, Ledger and Trezor are well known hardware wallet brands.
Avoid **hot, web and extension wallets**.
Assume most people online want to scam you, hack you, or trick you into giving up your seed phrase.
**NEVER** enter a seed phrase online or record electronically as text or image.... **NEVER**!
Always use official websites, double check URLs, and be extremely careful with anything you download.
Good internet security software is strongly recommended.
Be ready for **50 percent or more price swings**.
And be aware that simply HODLing right now has a higher chance of losing money, although nobody knows what the market will look like in a year.
**DO NOT INVEST MORE THAT YOU CAN AFFORD TO LOSE!!!!**

Best cross chain DEX for USDC to BTC?

Another day, another mining pool collapse. I've been tracking crypto trades and the pattern is clear: mining stocks are way more volatile than just holding BTC.
Poolin was huge during the last bull run. Now they're filing for bankruptcy. This is why I don't touch mining stocks anymore - too many variables (energy costs, regulations, competition).
Just buy and hold BTC if you believe in crypto. The miners will keep rug pulling retail. 📉

The problem is that ETH's 2025 ATH was only about $75 higher than its 2021 ATH. That's essentially a flat cycle.
If ETH had rallied to $8k or $10k, then a 60% correction would still have left us around $4k. Instead, ETH barely made a new high, yet still collapsed roughly 68%, from about $4,950 to $1,550.
That has shaken my confidence in ETH investors. I still believe the asset itself is fundamentally undervalued, but that view clearly isn't shared by enough market participants. Either that, or there are simply too many leveraged traders who become forced sellers whenever the market turns.
Ironically, I'm more bearish on ETH's price than I am on Ethereum itself because I no longer trust the behavior of many ETH holders. It feels like too many people are just waiting to dump everything around $4k after getting burned before.
If ETH is ever going to flip BTC, that cycle of panic selling and repeated round trips has to end.

Bitcoin is at $63K. Here's why I borrowed cash instead of selling BTC & missing the run to $100K.

You don’t understand marco to say this…. XOM has a nice trend since Ukraine, post Covid recovery and share buy backs. People are interested in oil. This is the same time as macro has been TERRIBLE for BTC.
Let’s go a cycle back when people wanted BTC (like XOM), the macro was good for BTC (like it is currently for XOM) compare previous BTC bull run 2020 to this currency XOM bull run then tell me the numbers again

Who’s interested in investing in Bitcoin (BTC) or cryptocurrency? Let's connect, learn, and grow together. Send me a message if you're ready to get started.

I think they didn't really reduce the risk, just changed where it comes from. Instead of BTC, now they're kinda dependent on hyperscaler capex. Not sure that's a huge improvement.

Bitcoin has become a vehicle of the right - so many BTC bros voted for Trump, it's completely disillusioned me from the community. Thoreau would not have been into the vibes today - a bunch of bootlickers.

Bruh, those are completely legitimate concerns.
Self custody is the scariest part of owning real BTC, but it’s a pristine asset! Think of it this way: I don’t leave my car unlocked, or my wallet on a park bench, or my bank account password on a post-it note next to my computer. There are rules, just practice them every. single. time.
A combination of hot and cold wallets are completely manageable by someone who has managed to survive 40-some trips around the sun.
Have you read the White Paper? The Bitcoin Standard? Broken Money? or Softwar? This is what I meant with my glib redditor ‘by knowing what I have…’ I learned deeply about it. That knowledge helps with the normal anxiety of investing and risk. It’s not a lock that it will succeed (a whole other conversation) but my intuition, my research, my tally of investing wins-and-losses has me convinced.
At the end of the week in the fiat mines, I pay my bills and then exchange as much of that fiat trash as I can for a pristine asset I can believe in. And when it dips, I buy more… a weighted DCA.
I won’t pretend to know what else you’re going through, but good luck OP.

Yeah but a ton of events happened since then. And so no, BTC is not a solid investment nymore. the HYPE IS OVER GUYS!

Say I sell you a pizza. You pay me with BTC. I see your address and that you sent me $10. I can go back to this address and check all the transactions you've ever done or will ever do in the future.
Of course you can have multiple wallets etc, but there are Blockchain analytics tools to easily clean this info up. It's stalkers paradise. I can find where you work (what address sends you large sums of money every month) and also 10 years from now if an address of a criminal is discovered I can go back and see if you ever transacted with him.
Of course there are ways to bypass this but this is on top of the "basic" BTC layer

It's an interesting trade-off: miners may have swapped BTC price risk for AI spending risk.
The next cycle might be decided as much by Big Tech earnings calls as by Bitcoin itself.

Bitcoin miners sold 15,000+ BTC from treasuries to fund AI data center buildouts. Mining stocks are up 56% while BTC is down 17%. Bitcoin's hashrate is now underwritten by hyperscaler AI capex, and the AI trade just had its worst day since 2025.

Take a look at the 🤴 king! BTC bitcoin!!

No value to *you,* clearly. To the average person holding USD and desiring BTC, it’s currently worth $63389.29. That’s value. I’ll gladly accept any BTC you want to get rid of for the $0 you think they’re worth, though!

Regarding yesterday's discussion on John Oliver:
He's previously done two long form videos discussing crypto.
I compared the BTC/USD closing price on the official US release date of each John Oliver cryptocurrency segment with the closing price exactly seven calendar days later.
John Oliver segment| Release date| BTC at release| BTC 7 days later| 7-day return
Cryptocurrencies| 11 Mar 2018| $9,578.63| $8,223.68| -14.15%
Cryptocurrencies II| 23 Apr 2023| $27,591.38| $29,268.81| +6.08%
Trump & Crypto| 26 Jul 2026| $65,389.20| Pending| Pending
Obviously, two completed observations are nowhere near enough to demonstrate a meaningful “John Oliver effect”, particularly because the episodes were released during very different market conditions.

> there are over 10,000 nodes
Around 85k full nodes globally. You need to count listening and non listening nodes and TOR nodes.
With regards to fees no one knows the future, but here are some important points to consider :
1) Difficulty dynamically adjusts dynamically up and down to insure efficient miners always remain profitable longterm
2) "Moores Cliff" , means that miners are becoming more decentralized as the hardware is no longer becoming obsolete as quickly and much more Used and new ASICs are fighting for amateur miners
3) Total hashrate is just one of many security mechanisms in Bitcoin and not the most important one either. You can have a more secure Bitcoin if their are more node runners or decentralized hashrate than simply larger hashrate overall.
4) We can't assume if Block reward falls that mining will become more centralized. The opposite could occur because Amateur mining does not have the overhead of employees , security, regulatory compliance, building costs, tax liabilities ...
5) Historically we have already seen examples where transaction fees collected per block exceeded inflation and even with far fewer users so I would not worry.
6) The Security budget dynamically changes to fit the value being secured. If Bitcoin is less popular and thus less valuable it needs a smaller security budget. It all self balances.
7) Also keep in mind that if hashrate drops too low we can simply wait for more confirmations onchain to increase the level of security and this doesn't effect the end user much because if they use a lightning wallet once its setup they still get instant confirmations.
8) When you do the math its not so dire either
Current average block with fees is 3.154 BTC or 199,395 USD of security. Lets be very conservative and assume we will no longer see 10-20x bull markets anymore and Bitcoin on average is growing at only ~30% a year(when you average everything out) for the next 14 years and lets be pessimistic and assume fees stay low (unlikely with more adoption) and are only 2% per block and discuss the next 4 halvings :
1.59375 BTC per block including fees x $106,470.00 = 169,686 usd in security per block.
0.796875 BTC per block including fees x $304,088 = 242,320 usd in security per block
0.3984375 BTC per block including fees x $868,508 = 346,046 usd in security per block
0.19921875 BTC per block including fees x $2,480,547 = 494,171 usd in security per block
You can see a very small dip 2 years from now but after that the security per block keeps improving.
This is being conservative IMHO because Bitcoin is in the early stages of adoption with only ~5% people globally so could easily grow this quickly and I am assuming fees remain very low which is also unlikely.

> there are over 10,000 nodes
Around 85k full nodes globally. You need to count listening and non listening nodes and TOR nodes.
With regards to fees no one knows the future, but here are some important points to consider :
1) Difficulkty dynamically adjusts dynamically up and down to unisure efficient miners always remain profitable longterm
2) "Moores Cliff" , means that miners are becoming more decentralized as the hardware is no longer becoming obsolete as quickly and much more Used and new ASICs are fighting for amateur miners
3) Total hashrate is just one of many security mechanisms in Bitcoin and not the most important one either. You can have a more secure Bitcoin if their are more node runners or decentralized hashrate than simply larger hashrate overall.
4) We can't assume if Block reward falls that mining will become more centralized. The opposite could occur because Amateur mining does not have the overhead of employees , security, regulatory compliance, building costs, tax liabilities ...
5) Historically we have already seen examples where transaction fees collected per block exceeded inflation and even with far fewer users so I would not worry.
6) The Security budget dynamically changes to fit the value being secured. If Bitcoin is less popular and thus less valuable it needs a smaller security budget. It all self balances.
7) Also keep in mind that if hashrate drops too low we can simply wait for more confirmations onchain to increase the level of security and this doesn't effect the end user much because if they use a lightning wallet once its setup they still get instant confirmations.
8) When you do the math its not so dire either
Current average block with fees is 3.154 BTC or 199,395 USD of security. Lets be very conservative and assume we will no longer see 10-20x bull markets anymore and Bitcoin on average is growing at only ~30% a year(when you average everything out) for the next 14 years and lets be pessimistic and assume fees stay low (unlikely with more adoption) and are only 2% per block and discuss the next 4 halvings :
1.59375 BTC per block including fees x $106,470.00 = 169,686 usd in security per block.
0.796875 BTC per block including fees x $304,088 = 242,320 usd in security per block
0.3984375 BTC per block including fees x $868,508 = 346,046 usd in security per block
0.19921875 BTC per block including fees x $2,480,547 = 494,171 usd in security per block
You can see a very small dip 2 years from now but after that the security per block keeps improving.
This is being conservative IMHO because Bitcoin is in the early stages of adoption with only ~5% people globally so could easily grow this quickly and I am assuming fees remain very low which is also unlikely.