BTCUSDT20240426P30000
Bitcoin / Tether USD Apr 26 2024 30000.00 Put
crypto

I wish I had $10 million to throw into BTC. :( I invest in BTC so that I have a shot at having even a fraction of that amount in the first place!

Thanks for the recommendations, didn't know about link sharing tradingview charts. Here's the link: [BTC USD chart ](https://www.tradingview.com/chart/uiVvZlwv/) there's a few extra lines I was playing around with, but the red line is "the" downward line, the green the upward, horizontal lines are levels I considered causing friction, and the yellow is one I just added but seems to be relevant.

I’m confused why this community thinks there is something wrong with shorting a company that holds bitcoin. If there’s an opportunity to make money in the market, who wouldn’t use it? You can believe in BTC and hold it but still short it if you think the price is going to drop.

Gold is also used in practical applications unlike BTC. So it probably won’t be replaced.

📈 MSTR just flashed its strongest technical signal in 3 months - and the timing couldn't be more critical.
For traders tracking the microstrategy/BTC correlation, our V3 quant model identified something most retail investors are missing:
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https://preview.redd.it/8t4gjh3prm3g1.png?width=1080&format=png&auto=webp&s=90edceae083ae9676735e535985831fc8f86f563

The only way it "reached bitcoin prices" is if you're comparing it to the debased fiat.
Then, sure, when inflation is going up 500% a day in post-Nazi Germany, yeah, gold is worth BTC prices by comparison, though its purchasing power didn't go up.
Relative to a stable currency like the dollar, though, that didn't happen. Prices were often depressed. See Venezuela, Germany, Argentina, Zimbabwe....

**DO NOT trust this person!!**
u/Thecasasciusdealer account was made just after u/showstopper1111 was called out for attempting to scam others, pushing 3 - 1 BTC Casascius coins that he had no possession of.
OP advertised price as a 1 BTC, doesn’t even know pic was for a 5 BTC Casascius coin. Picture clearly has digital inserted text in it, he is recycling pictures of coins to pass off as if he has them.
NEVER SEND BTC PRIOR TO ITEM IN HAND!!! Especially from some random new account.
Always ask questions, post on r/CryptoCollectibles or ask on Bitcoin talk. Crypto deals with enough scams, last thing we need is anyone falling for a poor attempt like this.

Where was BTC initially traded? Perhaps that will happen again

No, even if BTC hits $1M thats only $10K. That isn't life-changing money, that saidif .01BTC gets you started and you keep stacking little by little as you can it can be a life-changing habit and if that .01 put you on the path I guess in that sense it can be life-changing.

Fixed supply (only 21 million BTC ever), growing global adoption by institutions and nations, and halvings that cut new supply in half every 4 years. Demand outpaces supply = moon. Simple as that, Einstein would approve. 🚀

Using leverage 15-25x was a great way to LOSE ALL MY CAPITAL hardly accumulated in 5 years of hodling, just because I kind of missed the train this ending cycle, all in alts, while only BTC performed.
Like you, I was trying to skip some steps to accumulate quicker.
Now I have 0 capital nu invest/trade/recover.
Be smarter than me! Stay spot with the king, and if we happen to get a recovery rally at least to $112-120k, I bet some carefully picked up alts with fly, like ZEC managed to put a 20x in just a few months

They survived the FTX pukening and BTC drop to $15k. What *will* kill them?

It is Business Impotence. That is why they are buying their Viagra aka BTC.

Over a decade ago, 0.01 BTC wouldn't change your life. No one thought it would. 0.01BTC was given away freely if you entered your wallet address on a faucet website. (I unfortunately got into the game too late for BTC faucets)
I don't know if 0.01 BTC will ever become life changing, but I'm sure many thought the same of 1 BTC.
So I hodl.

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I’d rather mine BTC, or hold ETH and get paid to be apart of their governance system. Than being a bag holder watching a foundation dump pre mined coins onto people.
The business model makes no sense. This is how they enter new coins into the market. It’s absurd. I did not tell one lie in my post
Ripple releases pre mined coins onto people, lock up what nobody else will buy, and resells them at a later date. They squish the price of the token. For no reason other than to take profits for themselves. How do you not see that. The ledger is just the scam they gave the name too.
What would the price of XRP be if they didn’t release tokens every month? Ask yourself that. Why should they release any tokens period?
The ecosystem exists so they release coins to sell for a profit? And bag holders get rewarded how? By buying more tokens every month they release lol?

I think I remember seeing comments on more than one occasion referring to the figure of 0.1 BTC, but not 0.01.

Bitcoin price risks decline below $80K as fears of ‘MSTR hit job’ escalate. Bitcoin faces downside risks as a bear flag breakdown targets $77,400, while tensions between Strategy and MSCI can add new pressure on the BTC price.

the value of BTC doesn't change, but the value of fiat is decreasing, so...

Ok I may give you BTC.. but SOL?? XD