The best way to do BTC.
| Don’t time the market embrace it. [link] [comments] |
from Bitcoin - The Currency of the Internet https://ift.tt/kCoHesx
Don’t time the market embrace it. submitted by /u/mrmarketinguy [link] [comments] from Bitcoin - The Currency of the In...
| Don’t time the market embrace it. [link] [comments] |
| submitted by /u/rrsafety [link] [comments] |
Bitcoin already has a massive market, strong network security, and millions of holders.
But there's always talk about giving BTC more utility.
Does Bitcoin actually need more use cases, or is being a scarce, decentralized asset already enough?
ONE MONTH ago $7,000 was sent from Coinbase to Crypto.com. A "satoshi test" was required to prove ownership of the bitcoin address it came from (which neither Crypto nor EU regulation requires for exchanges). By one stupid click the "non-custodial" option was accidentally picked instead of "exchange". This has resulted in the impossibility of performing the "satishi test" and releasing the $7,000. We have been trying to get Crypto support to help for exactly ONE MONTH and they are utterly useless. They cannot reset the option to choose "exchange" again instead of "non-custodial" nor will they just manually approve it (their simple chain analysis can see it came from Coinbase).
Support has been completely utterly useless and for the first week would only respond with irrelevant copy and paste generic replies. It has been escalated countless times and they never fix or address the problem. We are now having to contact Crypto.com's regulatory bodies in various countries and god knows how long that will take. All they have to do is allow us to choose the correct transfer option again the coin came from (from Coinbase) which seems to be technically impossible for them. Or they could just manually approve the transfer by verifying with their simple chain analysis that the transfer came from Coinbase. They refuse to do either.
I started buying BTC in 2023. I DCAed every other week as much money as i could.
I know officially have 2.1 BTC. I am 1 in a million. Thank you all for your posts and inspiration.
We are going to make it.
i used AI to track this
Approximately 985,000 active on-chain Bitcoin addresses hold at least 2 BTC.
With all this BIP-110 b.s. lingering around, is it safe to transact on the network right now? Or are most of you hunkering down?
If it isn't safe, how will we know when it will be?
Every Bitcoin cycle has done the exact same three things, in the exact same order, since 2017
New all time high. Brutal drawdown, 80%+ historically. Then a slow reclaim that eventually breaks the old high completely. 2017 did it. 2021 did it. 2025 just did it again, peaking above $126k before correcting hard into this year.
What gets lost in the panic every single cycle is that the drawdown itself has gotten shallower each time, not deeper. 2013 lost roughly 85%. 2017 lost roughly 84%. 2021 lost roughly 77%. Same pattern, same fear, less damage each round as the asset matures and more capital treats corrections as entries instead of exits.
The part almost nobody believes while its happening, every previous "this time it's different, it's finally over" moment preceded a full recovery and a new high. Every one. Doesnt mean this cycle guarantees the same outcome, nothing's guaranteed, but four cycles of identical rhythm is a pattern worth knowing exists before assuming this one breaks it.
History doesnt repeat perfectly. It just rhymes enough to be worth paying attention to.