BTCUSDT20240418P68000
Bitcoin / Tether USD Apr 18 2024 68000.00 Put
crypto

I bought BTC at average basis of $8, pretty strapped yep.

What does that have to do with BTC?

Best way to find alts that hold up when BTC dumps and outperform when BTC bounces?

Michael Saylor's led Strategy acquires 1,587 BTC for $100 million

Altcoins are offtopic here and day trading has its own sets of risks
Most people will lose money day trading due to these reasons
https://www.reddit.com/r/BitcoinBeginners/comments/c4zpw9/what_are_the_steps_to_trading_bitcoin/erzkfmm/
https://www.youtube.com/watch?v=rMJI1_TfJnU
https://NeverTrade.org
This study shows that 97% of traders lose money
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3423101
Wiser to invest long term , stack those BTC , and use bitcoin to save money

That’s not how this works. You clearly don’t understand what you are talking about. A BIP-110 fork would affect network rules. BIP-110 is a soft fork, so ordinary BTC holders do not need to take any action to keep their coins.

You can literally do this fully decentralized within seconds.
Go to [Flips.fi](https://flips.fi) select BTC > cbBTC and swap, way cheaper than anything else, faster too

Ill start by saying.. I like BTC.. So there is that. But I would like to buy gold as well. I am starting to buy digital gold on the blockchain, and accumulate without having to buy fractional plus fees.. Then when I have acquired enough to purchase a physical ounce, I will cash out my digital gold and covert it to one I can hold. Its a way of buying at a spot price instantly in whatever size I want.

Doge is the closest thing to BTC. I hold some and never plan to sell ( 2018 buyer and didn’t touch them on 2021 ATH either )

BTC dive to 35 lol

for crypto alone an exchange wins on raw fees, no argument. but tbh if your trading actively the CFD route gets underrated. the good regulated ones do crypto too (BTC, ETH and the majors), so you get your crypto AND fx, indices, gold, metals all in one account, rotate when crypto goes dead instead of being stuck. no wallets, no custody risk, no exchange freezing your withdrawals overnight. broker holds it, not some offshore platform. and shorting is clean, none of the perp funding games.
fees look higher on paper but with a tight spread regulated broker you skip all the custody headaches, and one account beats juggling 3 exchanges imo.
whats your size and are you only ever doing crypto? if pure crypto scalping, exchange. if you want crypto plus the wider markets, a regulated CFD broker covers all of it in one place.

You can literally do this fully decentralized within seconds.
Go to [Flips.fi](https://flips.fi) select BTC > cbBTC and swap, way cheaper than anything else, faster too

65% AI stocks. 25% BTC. 7% SOL 3% crap coins.

I would not borrow just because October looks like a cycle low. That is still a fixed debt payment attached to an asset that can move 30-50% against you before the long-term thesis has time to play out.

I would separate this from a BTC-backed loan too. Borrowing against BTC you already own has liquidation risk. Borrowing cash to buy BTC adds leverage before you even have the asset. Both can work on paper, but the bad scenario is ugly: price drops, income changes, and you are forced to sell at the worst time.

If it were me, I would buy slower with cash flow and keep the sleep-at-night part intact.

BTC going up 🤷‍♂️

Plan for today today is to BTC several tranches of SNDK and MU puts, will keep that freed up capital on the side so I have a lot of dry powder to see how this all shakes out.
Have some calls that I'll roll up and out, hopefully for monster net-credit.

BTC update 15.06.26 - 24h Market Forecast (Wavelet Spectral Decomposition)

yeah, or all stocks will go to zero
or an asteroid will hit an earth, or nukes will fo flying
either of those very unlikely to happen
so you can either worry and watch Bitcoin go parabolic for fifth time and pinch yourself (I knew it!) but didnt have the balls when it matter
the only way I sew BTC fail is if quantum computing is a thing and they dont have solution for it

Muy buena la web he visto el proceso claro de como a partir de la clave privada se genera la dirección BTC

This has many layers
1 - Maybe they got lucky. 98% of professionals lose to the market after fees and taxes (SPIVA 20 yr after tax). Fama French found no skill unexplainable by luck in the entire market. Retail traders do even worse (Chague has 99.5% making less than a bank teller, after costs and frictions)
2 - Maybe they lied a little bit. Most people don't track their investments closely enough. It is hell (different return methodologies show different results). Most people remember the wins really well (dude who invested really early on BTC) and don't talk too much about their losses (dude who tried to ride Melania coin or invested it all in that car wash that went broke)
3 - Maybe their conditions are different. Maybe some of them save way more than you do. Maybe they need less financial security to retire. Or maybe they just dislike their work more. There are too many variables to account for
4 - And, of course, maybe they truly did better than you. And then we got back to your question. What I can say is that finance is not a game. People who run higher risks become the highest winners and the lowest losers. Maybe it's mostly luck. Maybe it's mostly skill. That's a whole other debate. Elon Musk or the lottery winner didn't work thousands of times harder than you. Things just happen. What you likely did was make robust decisions that would give you financial freedom through many different scenarios, probabilistically. That's better than betting it all on some wild horse idea, IMO. You took care of the process. If your goal was "beat everyone else" it would make sense to run huge risks and hope you got a good roll of the dice in life. If your goal was "build a good future for you and your family", you did it, while erasing many horrible scenarios that could have happened