Short-term #Bitcoin holders are exiting the market; could we see more stable markets as long-term holders take control?
They're moving to safer assets, but what's their time horizon for safety?
Is it days or decades?
I hold #BTC because I care about the latter.
#Bitcoin miners investing in new hardware signals bullish market sentiment.
BlackRock's warning of a 50% price drop could also be bullish, I think it’s FUD meant to rattle new holders.
It appears they strategically use both FOMO and FUD to their advantage. Who’da thunk it.
Short liquidations are part of the bigger picture, but I do find satisfaction in seeing people lose money betting against #Bitcoin.
#BTC drives me to be more productive.
I’ve grown indifferent to both dumps and pumps.
The overall market still seems cautious… not my style.
Is #Bitcoin rebounding and defying historical trends, or is the worst still ahead this month?
I’m in it for the long haul, not short-term gains, and I plan to increase my exposure whenever possible.
The hashrate ATH suggests miners share my confidence.
That’s some serious conviction, I’m right there with ya, my weekly stack got me very close to the local bottom.
Never been good at timing the market, but sticking to my routine has served me well.
Has bearish sentiment peaked? Are we at a local bottom, or on the brink of another plunge?
While the future is uncertain, it's clear that coming generations are inclined to invest in #Bitcoin over bonds.
#BTC isn't just a glimmer of hope for future generations; it's a beacon.
We will come full circle.
#Bitcoin #Sats
I've come to appreciate #Bitcoin's resilience.
Its increasing entanglement with geopolitics seems poised to strengthen its position.
While I hope the current lack of demand persists, I can't shake the feeling that #BTC is gearing up for an even more powerful resurgence.
I had an incredible week!
The weather and scenery were perfect.
Opportunities abounded, ones you just can't pass up.
To cap it off, I snagged #Bitcoin at a steep discount thanks to some careless sellers!
I'm feeling the good vibes, and I hope you have an amazing week ahead.
Perfectly timing #Bitcoin's bottom:
1. Buy at peak.
2. Get frustrated, keep buying.
3. Think it can't drop more; buy.
4. Every buy triggers a drop; keep buying.
5. Savings shrink to peanuts; grin (toothless) and buy.
6. Realize the bottom is in; wish you bought more.
I only care about the sats in my cold storage.
I pretend they are tiny Eskimo people who are very happy despite living in the tundra.
I have a preparation camp/utxo builder; it acclimates the sats to the cold as they are probably used to the tropical climate of the weak hands from which they came.
They will learn to love the bitter cold and they will never have seen anything as warm as the welcome their brother sats give upon their arrival.
Happy times in satlantis, everyone knows the price of 1 #BTC = 1 #BTC
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Struggling to decide on the current bearish sentiment.
I dislike seeing people underestimate #Bitcoin, but it does foster a more-for-me mindset.
If they aren't stacking now, I'll just front-run their future stacks when #BTC is trendy again.
It appears major insiders aim to unsettle smaller investors.
This extends beyond #Bitcoin, sparking curiosity about their broader strategy.
Don’t fall for the FUD. Evaluate and make minor tweaks if needed, but often, the best move in turbulent times is no move at all.
I think CryptoQuant has the best free graph.
Other graphs say similar things.
Not sure where the sub 2M btc on exchanges, I’ve seen it floating around my feed from time to time, from what I can tell the last time we had that was the end of December, 2017.
Peaked ~3.4M in June of ‘22, and have been on a steady downtrend since that has rapidly increased pace since the start of the ‘24.
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Exchange reserves have been plummeting since early 2024.
I doubt #Bitcoin’s price action truly mirrors the immense demand we've witnessed.
How long can this trend sustain?
I'm not dismayed; it's let me stack cheaper sats, and I’ll keep stacking.
FEW
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If an AI were to choose a currency, it would likely opt for Bitcoin.
I believe it would make this choice for humans and large firms too.
Needless to say, I remain optimistic. Regardless of market conditions, I continue to stack.
I'm ready to make a significant impact.
Are your sats secure? Are you certain?
Nothing stings more than lost/stolen/fake #Bitcoin.
Everyone values #BTC differently, but secure storage is crucial.
I hodl and I hodl tight.
September is tricky for #Bitcoin, but could interest rate cuts change that?
OR…hear me out…likes were the pre-zap button. We needed likes to think of zaps, but getting a zap is 1000000x cooler than getting a like.
I try to do both on all the posts I see but the zaps feel more important.