60% off the ATH would be 50K. 80% off ATH would be 25K. If we hit those levels, the house is on fire from a macro perspective. Money printer gonna go brrrr soon. Just stack and chill.
Do you say this same thing to people who own gold, real estate, stocks, etc? Do you discount their value gains as meaningless until they exchange that value for fiat? Yes, we all realize that most of the world transacts in fiat. It doesn't stop bitcoin from being the best asset. As I said, I didn't even have to sell my bitcoin last year when I needed to pay for several large expenses. I took out a loan against it, same as people against other assets like stocks, real estate, etc. That option wasn't available to me in 2021 when I bought my home, but I knew one day it would be because the smart people in finance know bitcoin is the best asset and perfect for collateralization.
October 14, 2025: ~$114k Today, November 21, 2025: ~$84k $114,000 - $84,000 = $30,000 loss. -$30k/$114k x 100 = 26.3% decrease. My 'thesis' was to wait for the inevitable, predictable drop to happen. I knew I should do X and I did X.
Congrats, but if you're just gonna sell it later (as I suspect you will), you're just running on the gamblers treadmill.
Your attitude that you're smarter than the market betrays that assertion. For your sake I hope you hold onto it forever.
I truly don't understand this HODL only mentality. Why can't people swing trade? Will a lot of people get greedy or time their entry/exit wrong and screw it up? sure. I mean that can be said of any asset.
There's really no one answer. Everyone has their own appetite for volatility and willingness to learn. You can't time the market. That is a fool's game. My advice is just study as much as possible and then make sure the amount of wealth you put into it matches your level of knowledge and conviction. The most common way to avoid getting burned by the volatility is to just make sure you do not put any money into the asset that you will need within the next 4-5 years. If you want to be a trader, be my guest. Just know you are fighting a losing battle, and if you play that game long enough you will get your ass handed to you. Don't think you're going to be the <1% of people who beat the house. I personally don't see any reason to spend my time, money or precious energy running on that treadmill to nowhere when I can buy, hold, and win with absolute certainty.
Yup, failed at just that. I got lucky with some alts but I probably would have done better with BTC Long term outlook these paper scraps are being printed left and right, this is the only currency outside of gold that will hold its value and grow.
These idiots are swing trading a few thousand dollars and declaring victory with their 3x during peak. What idiot would swing trade 10 btc?
A bounce is possible, but a failure to reclaim resistance at $102,000 could confirm further downside, with the 200-week moving average around $55,000 acting as a worst-case support. https://www.coindesk.com/markets/20...performing-equities-despite-bullish-catalysts I am in the "200 week MA being in play by end of next year" camp. Since 2015, one pattern has remained consistent: Bitcoin tends to treat the 200-week MA as a major cycle support area.
Sure but that's like buying a new iphone on Sept 1st even if you plan to keep it 5 years. Wait 2 more weeks for the apple event. the inevitable bear market is coming. i am not loading the boat right now. if it doesn't my weekly buys are enough. if it does, add more. i mean it's already 30% lower than the previous time you said to buy.
