Bitcoin has gone through multiple cycles, crashes, and endless criticism, yet many continue to hold. What keeps your conviction strong after all these years?
>>62371718>What keeps your conviction strong after all these years?
The only reason to ever sell bitcoin is to buy more at a lower price.
>>62371807correct>waiting for a good entry
If you look at the last 5 years, half of the time BTC was higher than it is now.The Nasdaq only goes up and is 2x since 5 years.BTC won't explode 10x from here, if you're in crypto you want huge gains. We're gambling. BTC is boring and you don't even have a good reason for why it will outperform an NFT. It certainly has 30x the risk.
>>62372043I wanted to say an ETF, but yeah I also don't know if it will outperform bored apes desu.If you buy crypto, gamble properly. If you don't want to gamble, buy an ETF.
>>62371718Are they going to stop printing money?
>>62372043My boomer father, who invested a big chunk of his portfolio in btc a couple years ago near its low, is now exiting. I think that's as good a sign as any that it's over for bitcope
>>62371733Neither is the internet, yet here we are.
>>62371718Unwavering belief that BTC is how WAGMI.
It's like a runescape party hat without the duplication glitch.
>>62371718BTC was created by kraken, coinbase and binance in 2017. Upon launch they confused their users into thinking this new asset was Bitcoin. They did this to convince miners to chase profit on a minority fork. Miners are understood to be the adopters, voters and stewards of the technology. Getting the majority hashrate onto the new fork was imperative. It worked flawlessly with miners abandoning Bitcoin to mine this new handicapped network called BTC. My conviction remains with Bitcoin, the only tech that can elevate humanity. BTC is not Bitcoin.
Its not, I bought and sold like 10 times
>>62371718I'm a bagholder since 2018. I got some returns but I'm obviously not happy. Still much better than my Link bag which is a disaster. I always notice trends too late, being hyperliquid the latest one i missed. Still bought at 62 and will try to sell at 70+.Unironically, hype seems the only crypto i have more faith atm even though I got like 4k riding.My BTC bag is worth 200k atm. Sucks.Also, i started diversifying into Nasdaq and sp500 i lost faith on BTC being he fastest vehicle and i think next bull run we'll be very lucky if we even reach 180k top. We probably get front runned at 140-150k. Still I'll be dropping heavily my bags then
>>62371718Truly decentralised money
>>62372051The problem with NFTs is how they have such a small market cap while being extremely illiquid on top of that. Any shitcoin ranked #320 on CoinGecko has a higher market cap than Pudgy Penguins, and 50x to 100x its trading volume. That’s an automatic turn-off for any whale that would want to invest millions in the top NFTs. These bags would be hard to sell at the right moment.
>>62372380>mfw the real Bitcoin is only $226 today
>>62372501>>mfw the real Bitcoin is only $226 todaylol!bcash cucks BTFO>we don't need POW, we will have 10-block "finalisation rule!!!"wow, just as Satoshi intended! lamao.
>>62371807Everyone has that plan until Bitcoin decides to never give them their entry back.
>>62372056no, they're going to print more for the US and going to bail out the cash strapped holders of US bonds with swap lines
>>62371917What's your entry price?
>>62372043Depends what you're optimizing for. Some people want the next 100x. Others are happy finding ways to make their BTC a bit more productive without giving up exposure entirely.
>>62372051Maybe, but doesn't the ETF route introduce a different trade-off?
Nice triple post faglord
>>62372056No reason to stop printing
>>62376610
>>62372468Nft lol
>>62372915What do you mean?
>>62374451How do you do that?
Ethereum
>>62372419Link is fine. Wait till $1000
>>62371718Not a BTC investor myself, but I imagine it's hard to ignore something that has repeatedly survived the kinds of events many thought would kill it.
Nothing about bitcoin has fundamentally changed.
>>62377444C-checked
>>62377444>Nothing about bitcoin has fundamentally changed.checked and confirmed
>>62377217You can natively stake it through a protocol while still maintaining self-custody. That way, you can earn more instead of just holding your BTC.
>>62372059Maybe he's wrong. Maybe he's right. Either way, locking in gains after buying near the lows is hard to criticize.
>>62378619If you're doing on centralised services you're cooked
>>62377691Genius nerd. pretentious
>>62377225go see a doctor
>>62377221Long or short?
>>62373685inflation is real
>>62378868I didn't say that. Check my comment again. And if you look into TBVs, you'll probably get a better sense of what I mean.
>>62372189You bullish or not?
>>62378868This bot talks about bitcoin staking in every conversation on the subject, I concluded that it was a scam and should be avoided like the plague.
>>62372915>Attack Bitcoin with 51% and try to break the chain>Devs implement a temporary reversible limit to increase attacker costs"Boohoo now we can't afford to attack it" kiss Bitcoin's ass ya bitch.
>>62380727>>>>fuck off to other sha function, or mergemine, retards>>>NO!>>ok fine>>*gets 99% of sha256 hashrete*>omg they got 99% of sha256 hashrate!!!! quick, lets give up on PoW!!! we are the real BTC btckek
>>62381254>Nigger can't even into PoWWhy would Bitcoin need to change it's PoW? Tell me where in the whitepaper this is suggested as a means to defend the original chain from a malicious scam fork.>The real BTCBTC doesn't even have a whitepaper and certainly cannot claim relation to the software described by Satoshi.
>>62379055Your choice lol
>>62381254You mean Bitcoin doesn't have any usecases?
>>62381740Are you serious nigger?
buying when boomers capitulate and then riding it all the way to the top must be one of the best feelings ever, but somehow i always end up not buying because I always get lured by bears into waiting for "bettery entry prices".
>>62382799Not really. Being a store of value is already a use case. Some people are just interested in whether BTC can be used for more than buying, holding, and eventually selling.
>>62383146Where do you do that?
>>62382895Just buy today and you will thank in 10 years
>>62377444it has
>>62383366DYOR on Babylon and you'll see.
>>62371718I will still hold it
>>62382895How many btc do you hold?
>>62371718Sunk cost fallacy. I think I'm retarded. If bitcoin does moon I'm still retarded, but a lucky retard.
>>62383619We gonna be rich
>>62383588Low apr and kinda not worthy
>>62375554Etf is even better
>>62383734Sure, it's not life-changing yield, but for some people it's better than letting their BTC sit idle.
>>62383743If all you want is price exposure, sure. A lot of people still prefer owning the actual asset.
Where is satoshi?
>>62377200It's all about hype and doesnt have any value
>>62372468You better trade memecoins for that
>>62384235Go for it. Nobody's stopping you, anon
