BTCUSDT20240412P56000
Bitcoin / Tether USD Apr 12 2024 56000.00 Put
crypto

I have been doing some research into $LTC and from what I can tell it is a reliable network (been around since 2011), used a lot for transactions and just seems solid overall. I understand it doesn't get the lift that a lot of other coins will because of its utility factor but I don't understand the hate that it receives on X etc.. Curious what opinions are as it seems to me like a safety play as it tends to follow the price movements of $BTC.

Hello u/GenghisKhanSpermShot
[You have](/message/messages/6yc91lt) **Longed ₿7.83581522** ($500,000.00 worth of BTC at the execution price of $63,809.57)
You have chosen 100X leverage: You have borrowed $495,000.00 from the Bitty Bot Bank and spent $5,000.00 from your cash balance.
**Liquidation Price: $63,171.47**
You have not set a stop loss or a take profit price for this trade.
After opening this trade, your remaining cash balance is -$52,636.31
Good luck!

That doesn't exist anymore. Because a thing like Bitcoin evolves and changes overtime. There is a reason Satoshi stepped away. He was not the owner and sole owner of BTC.
He was not a sage either and was wrong about things too.
Hope you can accept it! :)

BTC's volatility teaches you humility super fast - keep your HODL stack separate from anything you'd risk at a casino.

Continue to DCA what you can afford, self custody, and educate yourself on what you’re holding. But also focus on increasing real life skills, put your best foot forward improve at work or look for ways to increase income. Life is a marathon not a sprint, continue to work hard to create a better future, enjoy each day for the gift it is, save in BTC and have patience to ride out the cycle waves.

zero. I bought BTC at 59.3k a month ago and was looking to swap to ETH if this bounce has legs.Sold my BTC for 66k and looking for a reentry around 60k, again hoping to swap it for ETH if we see strength (eg $2000+ ETH on volume).

For many people, BTC is gambling.

Has anyone here used simple swap for BTC exchange ?

Follow the teams behind the coins youre holding & use public sentiment when we're in bear.
Keep an eye on regular news for any crypto news report - when the average person gets a news story on crypto then we're in for a rise or drop.. so keep watching that stuff.
DO NOT follow any influencer, any crypto article, any YouTube/reddit/Twitter ---- it's all member contributed, never reported by actual journalist or team members.
That's it... I been using the same sources since my journey with crypto n BTC began.

🎥 **Full Video Breakdown:** [https://youtu.be/Solk5r1zVlo](https://youtu.be/Solk5r1zVlo)
**Bitcoin ($BTC) Macro Update & Quantitative Risk Breakdown 📊**
Here is a summary of where Bitcoin stands based on our terminal risk metrics and machine learning models:
* **Market Phase & Status:** Spot trading near **$63,000**, holding **Golden Breakout** status on our matrix due to suppressed volatility and strong trend quality.
* **TWAP Cost Basis:** Lifetime 12-year Time-Weighted Average Price (TWAP) sits near **$29,000** (120% premium, Gravity Risk Level 2). A historical Gravity Level 1 bottom maps between **$48,000 and $52,000**.
* **Regression Channels:** Primary Bear Accumulation Zone sits at **$58,000–$59,000**, with deep capitulation support modeling down to **$45,000–$58,000**.
* **Machine Learning Forecasts (10-Week Horizon):** Seasonal ARMA & LSTM models project a panic floor at **$52,000** (-16% drawdown) versus a counter-trend relief ceiling at **$70,000–$73,000**.
* **Capitulation Clock:** The standard 400-day bear market clock is **72% complete**, with June-to-November seasonality pointing toward low-volatility rangebound sideways consolidation.
* **2028–2030 Cycle Peak Projections:** With the halving cycle clock **56% complete**, rolling curves forward outlines a **$150,000** Base Peak, **$200,000** Euphoria Peak, and **$270,000** Stretch Target.
📲 *Check out all live interactive charts, TWAP rubber-band models, and risk scores for free at* [***cryptoweeklies.com***](https://cryptoweeklies.com/)*(no signups or ads).*

Order book data for BTC

So les sey u have all your monis in BTC and to secure it you only remember 12 secret words of wallet. Well you are a moron

One of the few people I know personally that i recommended to get into BTC, around 2017, that ended up actually losing money somehow was a boomer(I believe he’s 61). Dude bought like 20k worth of BTC and sold for a massive loss in 2020.
He’s very jaded towards it all because of his own actions.

I mean this is bullish, BTC market share will go up as boomers go

Millennials are the largest home owning generation right now, but will be surpassed by Gen Z at this rate, so that probably isn't a critical factor.
They likely just don't understand BTC, and they are probably conflating stablecoins with all crypto, where there is a ton of gambling. Plus many will see an asset that went from pennies to $120k back to $60k, and if they are in retirement they want stability and not volatile assets.

The prospect of $200k BTC in the next cycle. People are greedy, the 4-year-cycle is an easy enough narrative to ignite a new bull run. Many won’t want to miss out on this opportunity, even if they make just a few bucks, they are going to pour their money in eventually.

>I know one guy, 76yo, teaches Finance & Econ at a respected university. He's also a partner in a wealth management firm. He thinks BTC is "gambling"
Ever thought he might be right, and you might be wrong?

No, it is a Bitcoin sub that doesn't censor discussion. The bCash sub is r/bitcoincash.
That said. BTC is in a sad state and bCash is lightyears ahead in all technical aspects.

I've noticed a generational gap in BTC acceptance. I'm 65yo and it seems people my age & older are at best BTC ignorant & at worst totally against it.
I know one guy, 76yo, teaches Finance & Econ at a respected university. He's also a partner in a wealth management firm. He thinks BTC is "gambling". I get this all the time w/ the older crowd ("boomers") so often that I don't discuss it anymore w/ them.
It makes me wonder how much the $price of BTC is generationally related?

I didn't experience much BTC hate with bcash holders. More core and maxi disgust than anything which is pretty reasonable.
Why hate?