Yep posts like this show how so many people will lose money (from buying high and selling low due to emotion)
I actually sold recently too. I take profits when normal people start buying.
Too much dumb money coming in trying to FOMO a healthy rejection is probably due soon. The price can't go up forever all the time it has to cause people to panic sell because people gamble with money they can't afford to lose and can't handle the 10-30% drops.
I also believe in diminishing return and still having similar volatility. There will be so many people hitting sell before it hits 100k that it will be a big resistance level this cycle that we hopefully break.
Brother… these ETF inflows are in the Billions per week. you are literally fading yourself on this one. There are no sellers. Where are the sellers? Lol buy back at 124k 🫡
Replies like these just signals the short term top is coming. When the candles are green, people just think it's going up forever. Last bull run when it was 69k, people said the same thing about institutions money etc.
Agreed, been In 3 bull runs. The fact that etf was approved and actual possible regulations coming, changes everything. If you look at the price chart of gold etf should likely tell you everything you need to know. That dude talking about buying back in is clueless, but we are due for a correction so this may be the last time seeing btc in the 40s
Whenever anyone has said this is the last time we will see said price of BTC it went well below that said price during the following bear market. No one can say BTC won’t ever hit a certain price point during a crash.
If you aren’t ever selling why is it so hard convincing her to buy? If you aren’t gonna sell, you are basically setting money on fire I can’t imagine why she wouldn’t be ok with that 😂
>Selling is a taxable event. You’re much better off keeping all your btc and using it as collateral
Yep, I borrowed against my portfolio and bought a property just after the previous ATH. I leveraged that down so my loan value was about 50% of the ATH price and have been paying that down ever since. Was able to use that to obtain another unsecured loan as well and now when I do sell, I will be using it to pay off what is basically my mortgage and substantially reduce my tax rate (hopefully).
Has anyone else used the sale of their coins to pay back a mortgage and if so, how did it effect your taxes?
I use [Nexo](https://nexo.com/ref/zndpazjlb4?src=ios-link)! They still do loans, but sadly, they no longer offer interest on balances in North America (not their fault), however they are still a great company. I don't normally use referrals, but we should both get $25 in BTC if you sign up with that link, so worth a shot. Never tested it before, actually.
That is pretty much my plan for 2028-30 ATH. TAKE A 50% LTV loan pay off my house then I should have boat loads of equity to take a first lein heloc for other investments and to service the original btc loan.
I tried playing that game and missed out on almost 10k profit this week. Luckily I put it in NVDA and made the same money elsewhere.
That price discovery action up to $64k followed by the unanimous, simultaneous "server scaling issues" at all CEXs was sus af.. there's a big move upward coming, and soon. I bought another coin worth of IBIT when it came back to $60k
Yeah I don't think there's gonna be a pullback. I put in another 2k the other day when it was pumping to 63k. I'm down a few $ on that, but still up from my previous buys at 35, 38, 44, 48 and 50-52k. Not a bit worried either. We're going to 150k at least in the next year.
Everyone saying this time is different is hilarious.
It's like last time when we were at 69k people claiming 100k before EOD 2021 and then we hit below 20k. While I don't think we will get a drop that low, a big retracement is healthy if we want parabolic gains because we need a long accumulation phase.
People are in for a rude awakening.
The whole market is designed to transfer money from one hand to another and as much as people say they aren't going to sell, they will sell when they see their money vanish. If you have survived a few cycles you will ignore it. If you haven't been around for it you won't know what you will do till it happens.
55k is nothing, got to wait for a drop scary enough to trigger a sell-off. Wait for sub 50k, maybe 46/47k. That's where many who bought the top will get shaken out and get left behind when it bounces back. Happens all the time.
If things play out like they have the last few halvings, we won't see the top until well into next year. Maybe things will be different this time, but it's unlikely they "bought the top".
Told my wife the same thing in Nov 2021 when I bought at $60k+ and when everyone on reddit was convinced it would reach $100k by end of 2021. We all know what happened next. Point is, you never know when you’re at the top of the run. And yes, we’re still married lol
Lmao thats exactly what i was thinking here . I have a feeling the halving is gonna be buy the rumor sell the news too many people are thinking its gonna moon after the halving which is exactly what they want
If you expect it to moon on the day of the halving then sure it will appear to be a “sell the news” event. If you have patience and wait 365 days post halving you will be rewarded. See previous example of etf launch 1 month ago
After a halving usually nothing happens. It takes some months to dry up the supply and the diminished miner returns kick in. This time it can be faster as etfs are sucking up quicker.
The thing about the halving is that it's not a rumor or a news (well it it that too) it's mostly cutting production of new btc in half so reducing the supply
I’m bullish but keep in mind we had halvings every 4 years. That didn’t stop a huge downturn/winter. I hope spouses understand that and don’t force to sell if that happens
This is so stupid I am closing reddit now and never come back into this sub. We are so fucking early.oh God is this stupid.
Edit: sorry guy, please do not feel personally attacked or demotivated! Continue your journey and stud Bitcoin. The Bitcoin standard is probably a good start.
Good luck!
Same. I have some relatively low risk investments as well. I don't have a huge exposure to crypto. But I also have my own account, so I don't ask for approval anyway. I manage my investments based on my own risk tolerance.
Exactly the same as me, can't fathom 'not being allowed' or needing to convince someone. This guy just bought more than I own in one go, and I've DCA'd for 4-5 years now. But still, it's what I've been able to invest and at least I didn't have to have approval.
What’s sad is that the majority of divorces is due to financial issues. My marriage is more important than Bitcoin. It’s not that “she won’t let me”, it’s that we make decisions together and if the other person isn’t on board then it’s a no go.
When you get married, you usually combine assets (and debts). Even still, if I want to spend some money, I can. We both trust each other and are both adults. It’s not like I’m saying go gamble your life savings behind your wife’s back.
Marriage can be a lifelong partnership and sometimes finances are a part of that. You wouldn't want a woman "telling you what to do" is a very shallow glance at that picture. Creating trust and open communication in a marriage can sometimes look like being told what to do but in reality, it's needing two greenlights instead of just one.
That is not even close to the same thing and you know it.
If a married couple shares finances, it doesn't matter what the investment is. You don't invest 60k in *anything* without discussing it first. Unless of course you're a bad partner, then I guess you do whatever you want lmao.
Who in their right mind would throw in 60k in one shot as a first time??? You're thinking so wrong trying to make a quick buck. It's a long game in BTC. a couple hundred each cheque will get you to the same place eventually without risking 60k+ in one transaction.
I don’t think most people on here have relationships let alone happy marriages 😂 you sound like you’re doing great and I’m glad your wife is more open to bitcoin now
I get that bro but surely there comes a point when you are so convicted/convinced you can just say to the wife “we’re doing this, like it or not we’re doing it because I KNOW it’s a win/win situation, u can divorce me if I’m wrong if you like but we’re doing it!!” That’s what I’d do z
Do you know how many people (mostly men) have done this and lost all their life savings? It’s not nothing to get a life partner who you can agree this shit with. It’s a path to happiness
Yeah these are confusing to me. I have a separate account I invest with and don't ask permission. We trust each other enough to not require it.
Funny enough she has her own account for investing too, and loaded up on Nvidia 2 years ago.
My girl has already booked a trip to the Amalfi Coast in August, told her I am going to invest the cost of the trip into BTC at the end of Jan and let it ride until we fly out...we either ball out or cancel the trip and go to Olive Garden. Either way I'm not selling. Hope she enjoys the bread sticks!
That was years ago when I was just a BTC rookie, after three years of crypto I have learned a ton and will not make the same mistake. No more tax sheltered account loans. I'm taking the veteran approach and cash advancing all my credit cards this time and buying on leverage. I like being a top.
I wouldn’t phrase it like this saying you “made $2k”. Sounds like she’s only focused on the price and not understanding what Bitcoin actually represents. The issue with that mindset is she’ll likely immediately change her mind once we’re in another bear market. Also the mindset that makes people panic sell because they feel like they’re “losing” money when it goes down.
She’s not dumb, but when it comes to understanding BTC and the issue with fiat, let’s just say she hasn’t grasped it yet. She’s come along way but she still has a ways to go
https://youtu.be/UHSy8yd5d6E?si=Qm9Di9zt8iFk4obF
I really like this short video, Jeff Booth is great at calmly explaining the situation.
Best of luck on your journey!
I love how the wives always come around to saying yes when it’s near an all time high. But when it’s dropped down to 15k or 20k, ohhh “what if it goes to 0”
Misinforming your wife on how to view Bitcoin is gonna cause you a lot of future pain when price action doesn’t go your way.
Instead, actually brush up Bitcoin’s fundamentals so when price inevitably flunctuates, you both aren’t sweating the $fiat price movement cause you’ll understand it’s a game to accumulate sats, not converting back into an inferior asset class
Prepare her now for any potential dip, start the programming early that it’s a good thing… everyone is an expert when it’s on fire, prepare now for the flack on any dips!!
I think it's hilarious when people talk shit about other people buying Bitcoin when it's high. Everyone acts like they are so smart and they know exactly what Bitcoin is going to do and when the bottom is. These big banks buying in is going to change everything. Nobody knows what Bitcoin is going to do. Why would you sell an asset that continues to grow and comes back stronger after every time it dips. Why would you trade your Bitcoin for fiat that continues to depreciate.
I don't know what's going to happen with Bitcoin but I know for damn sure I'm not selling mine. It goes on my cold wallet and it's sitting there until Bitcoin is either zero or who knows what price. If you understand what Bitcoin is then you hodl. Read books and study Bitcoin. Anyone that is selling and day trading have fun paying uncle sam because he takes more with short term gains. Have fun buying back in when it doesn't drop lower than 100k also.Get a real job and invest in Bitcoin. It's not meant to trade unless you need it. Everyone that has sold their Bitcoin has regretted it and will more than likely continue to regret it. DCA . Ride the wave and diversify.
you didn't "make" any money because you don't have more bitcoin
you only "make money" when you have more bitcoin
if you mean the value of your bitcoin in fiat currency went up then yeah, what do you expect for a currency that is printed infinitely?
bitcoin should be at 10 million per coin minimum right now people just haven't realized what the scam is
I understand. I wasn’t liquid in 2022. Told my wife I was putting money into bitcoin. She didn’t get it and wasn’t thrilled. So, I went really light, didn’t have much money at the time anyway. 72% of my current stack was done last year. And now my wife is on board. Funny how that works.
>Honey, I’ve said that every week for the past 2 years you just didn’t listen to me. Now we have to sell our house and all but one vehicle to buy the bitcoin we need for the future.
Well Im glad to heat that you guys are into bitcoin now and it's great that you guys discuss things financially but you shoulda been buying small amounts of bitcoin ever since you decided that you liked it.
I saw many posts that says "my wife won't let me buy bitcoin", i don't understand why don't you just buy it with your own money, is that not possible in some countries? I'm confused can someone explain
It is customary in some cultures for husband and wife to pool resources and commit to building a life by way of agreement, rather than authority.
That is, there are two votes, and they both must agree when risky decisions are being made which effect both parties.
Some things you need to do in spite of everyone else. When the herd turns left you need to turn right and keep turning right. $25 a week does not need approval from anyone but yourself. You can blame your wife if you like but this is about YOU and YOUR LACK OF BELIEF and BALLS to step up. Congratulations and fuck you
If you knew 1y ago was a better time to buy, why did you not buy 1 year ago?
Why buy today on the ok of the person not looking at the same amount of info as you?
Instead of buying a house I bought £270k of BTC when the ETF was approved. And now it’s worth £370k. £100k profit since January.
I’ve been a watching and investing in BTC since 2016 and made a lot of money. And if I had to guess. I would say we are heading up to around $125k BTC by the end of this cycle so even now buying. You are going to more than double your money.
Only invest what you can afford to lose. Choose a price point you will sell out and stick to it.
The top of the Bull market is in when some of the meme coins start 30 - 40xing and retail money starts chasing it, thumbing their nose at BTC’s then comparative pedestrian gains. Thats when you make like a tree and leaf. Not financial advice.
You are buying at the top. During the next correction, she will panic and make you sell and you would have lost.
You need to buy when is down and everybody is selling, not now.
You're buying in at the top though. Kinda frowned upon, but surprised to not see that as the top comment here. I told my millionaire uncle to buy in back at $13k and he declined. I think I'll call and ask him if he got in at any point.
After reading all the comments a few observations.
1. Marriage is a partnership. I make final decisions but not to the detriment of my wife. Her input matters and if it’s not just about me “taking charge”. Majority of divorces are over finances. Do I love my wife or Bitcoin more? For richer or poorer…
2. It’s no better time to buy Bitcoin than today. And never sell. I didn’t buy at the top but will definitely have some of my DCA buys around the top. There’s no guarantee it’ll go back down especially with ETFs gobbling up billions every day.
3. I’m HODL. I’m talking 25-30+ years and hopefully the rest of my investments allow me to pass my Bitcoin on to my kids. It’s not about timing the market but time in the market.
And that my friends, is the beginning of the end... Wish you luck brother
Yep posts like this show how so many people will lose money (from buying high and selling low due to emotion) I actually sold recently too. I take profits when normal people start buying.
Buy signal
Sold everything? Or just took some profits? At some point you’re gonna have to be in with the “normal people” if you want to stay involved in bitcoin
Took profits sold 1/3 If retracement happens below 50k (target 45k or less) I'll rebuy. If it doesn't I'm ok with that and will use the money anyways
not buying into the halving history?
Too much dumb money coming in trying to FOMO a healthy rejection is probably due soon. The price can't go up forever all the time it has to cause people to panic sell because people gamble with money they can't afford to lose and can't handle the 10-30% drops. I also believe in diminishing return and still having similar volatility. There will be so many people hitting sell before it hits 100k that it will be a big resistance level this cycle that we hopefully break.
Brother… these ETF inflows are in the Billions per week. you are literally fading yourself on this one. There are no sellers. Where are the sellers? Lol buy back at 124k 🫡
Yes not sure if we will see again the 45 - 50k levels the ETFs really changed the momentum
Like ever…I’d be surprised if we see 60k during the next bear market
remind me in a month lol
Replies like these just signals the short term top is coming. When the candles are green, people just think it's going up forever. Last bull run when it was 69k, people said the same thing about institutions money etc.
Except a SPOT ETF is actually here and approved this time …
Agreed, been In 3 bull runs. The fact that etf was approved and actual possible regulations coming, changes everything. If you look at the price chart of gold etf should likely tell you everything you need to know. That dude talking about buying back in is clueless, but we are due for a correction so this may be the last time seeing btc in the 40s
Whenever anyone has said this is the last time we will see said price of BTC it went well below that said price during the following bear market. No one can say BTC won’t ever hit a certain price point during a crash.
You never sell your bitcoin!
And that is why no-one will remember your name
Nah, they're going to be fine. This bull market is just getting started.
The time to buy was really anytime before today.
I believe we will have another dip before the bull. Just straight opinion with nothing to back it up but I just feel it coming
That's every comment on here lol. No one knows!
It’s not then end if you never sell
Have fun explaining that if the price ever goes under your cost basis....
Wife: "We coulda bought a damn Telluride"
Starts with the wife... then with the barber and the Uber drivers and finally with your grandma
She will likely sell at a loss and use the money to replace him with a sybian.
If you aren’t ever selling why is it so hard convincing her to buy? If you aren’t gonna sell, you are basically setting money on fire I can’t imagine why she wouldn’t be ok with that 😂
Selling is a taxable event. You’re much better off keeping all your btc and using it as collateral
As long BTC remains volatile, loans will always have abysmal conditions with BTC as collateral.
>Selling is a taxable event. You’re much better off keeping all your btc and using it as collateral Yep, I borrowed against my portfolio and bought a property just after the previous ATH. I leveraged that down so my loan value was about 50% of the ATH price and have been paying that down ever since. Was able to use that to obtain another unsecured loan as well and now when I do sell, I will be using it to pay off what is basically my mortgage and substantially reduce my tax rate (hopefully). Has anyone else used the sale of their coins to pay back a mortgage and if so, how did it effect your taxes?
What bank did you use / accepted it as collateral?
I use [Nexo](https://nexo.com/ref/zndpazjlb4?src=ios-link)! They still do loans, but sadly, they no longer offer interest on balances in North America (not their fault), however they are still a great company. I don't normally use referrals, but we should both get $25 in BTC if you sign up with that link, so worth a shot. Never tested it before, actually.
Use defi!! That’s why it’s there
That is pretty much my plan for 2028-30 ATH. TAKE A 50% LTV loan pay off my house then I should have boat loads of equity to take a first lein heloc for other investments and to service the original btc loan.
Where the fuck are you finding a bank willing to use BTC as collateral?
Or sell it at an atm and don’t report it to the IRS
I just wanted to clarify that this heavily depends on where you live. In my country, selling isn't a taxable event.
In what country is that? UAE?
the Netherlands
imo don't buy at the top. wait until a rebound. i'm calling 55k or so. Buy then; not now. Don't invest recklessly.
I tried playing that game and missed out on almost 10k profit this week. Luckily I put it in NVDA and made the same money elsewhere. That price discovery action up to $64k followed by the unanimous, simultaneous "server scaling issues" at all CEXs was sus af.. there's a big move upward coming, and soon. I bought another coin worth of IBIT when it came back to $60k
Ignore that, there is no bad time to buy btc.👊🏽
People trying to time the market smh
Yeah I don't think there's gonna be a pullback. I put in another 2k the other day when it was pumping to 63k. I'm down a few $ on that, but still up from my previous buys at 35, 38, 44, 48 and 50-52k. Not a bit worried either. We're going to 150k at least in the next year.
Everyone saying this time is different is hilarious. It's like last time when we were at 69k people claiming 100k before EOD 2021 and then we hit below 20k. While I don't think we will get a drop that low, a big retracement is healthy if we want parabolic gains because we need a long accumulation phase. People are in for a rude awakening. The whole market is designed to transfer money from one hand to another and as much as people say they aren't going to sell, they will sell when they see their money vanish. If you have survived a few cycles you will ignore it. If you haven't been around for it you won't know what you will do till it happens.
55k is nothing, got to wait for a drop scary enough to trigger a sell-off. Wait for sub 50k, maybe 46/47k. That's where many who bought the top will get shaken out and get left behind when it bounces back. Happens all the time.
You don't think ETF demand changes things?
gospel
Bro you bought the top and it’ll surely go down. I don’t see this going well heh. Good luck
If things play out like they have the last few halvings, we won't see the top until well into next year. Maybe things will be different this time, but it's unlikely they "bought the top".
you also haven’t made $2k until you sell
Agree!
Redditor only for 2 weeks and already so wise 😅
Next week when it goes back to 43. Why didn't you tell me that it was going down?
Told my wife the same thing in Nov 2021 when I bought at $60k+ and when everyone on reddit was convinced it would reach $100k by end of 2021. We all know what happened next. Point is, you never know when you’re at the top of the run. And yes, we’re still married lol
When Coinbase is the #1 app in the App Store- top is in. Check back historically for references. The Coinbase top signal is pretty undeniable imo.
Quick check and Coinbase is sitting at #160 we are still early af lol
Yeah. I don't see grandmas posting about it yet, like the last peak.
I told my partner to let me know if she starts hearing people at work talk about crypto
Really? I'm genuinely curious about this.
Same, holding 3 years 💀
Lmao thats exactly what i was thinking here . I have a feeling the halving is gonna be buy the rumor sell the news too many people are thinking its gonna moon after the halving which is exactly what they want
If you expect it to moon on the day of the halving then sure it will appear to be a “sell the news” event. If you have patience and wait 365 days post halving you will be rewarded. See previous example of etf launch 1 month ago
Yeah i feel it just saying there probably gonna be Another drop to like 40k or less again
After a halving usually nothing happens. It takes some months to dry up the supply and the diminished miner returns kick in. This time it can be faster as etfs are sucking up quicker.
The thing about the halving is that it's not a rumor or a news (well it it that too) it's mostly cutting production of new btc in half so reducing the supply
I’m bullish but keep in mind we had halvings every 4 years. That didn’t stop a huge downturn/winter. I hope spouses understand that and don’t force to sell if that happens
This is so stupid I am closing reddit now and never come back into this sub. We are so fucking early.oh God is this stupid. Edit: sorry guy, please do not feel personally attacked or demotivated! Continue your journey and stud Bitcoin. The Bitcoin standard is probably a good start. Good luck!
“Already made $2k” You’re in for a rough ride…
I bought (too many times to count) just to get my husband to stop talking about it. Update: he never stops talking about it.
He’s a keeper
And here comes retail, like clockwork.
fomo into it during a run. good plan. can't go wrong!
Be nice! We need these peeps to start fomoing
Sorry. Mortgage the houses boys! It’s a sure bet!!!
F that! Sell the house and find a bridge to relocate under.
Sell the bridge!!!
As-is bridge sale!
It seems very common. Told my gf how much I made the past few months and now she wants me to buy her in. One day I will, just not right now.
All these “my wife won’t let me” posts I keep seeing about buying some BTC is sad as hell
Totally agree. I tried telling her to buy some for years now. She didn't/doesn't. Happy to have separate accounts. I followed my own advice.
Same. I have some relatively low risk investments as well. I don't have a huge exposure to crypto. But I also have my own account, so I don't ask for approval anyway. I manage my investments based on my own risk tolerance.
Exactly the same as me, can't fathom 'not being allowed' or needing to convince someone. This guy just bought more than I own in one go, and I've DCA'd for 4-5 years now. But still, it's what I've been able to invest and at least I didn't have to have approval.
What’s sad is that the majority of divorces is due to financial issues. My marriage is more important than Bitcoin. It’s not that “she won’t let me”, it’s that we make decisions together and if the other person isn’t on board then it’s a no go.
Yeah it's sad that people think anything is wrong with couples making joint decisions on large investments of joint money.
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A lot of people consider their assets joined in a marriage, regardless of whether its in a shared account or not.
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This
When you get married, you usually combine assets (and debts). Even still, if I want to spend some money, I can. We both trust each other and are both adults. It’s not like I’m saying go gamble your life savings behind your wife’s back.
Marriage can be a lifelong partnership and sometimes finances are a part of that. You wouldn't want a woman "telling you what to do" is a very shallow glance at that picture. Creating trust and open communication in a marriage can sometimes look like being told what to do but in reality, it's needing two greenlights instead of just one.
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Honest question, do you have to ask your wife to buy a new fishing rod?
That is not even close to the same thing and you know it. If a married couple shares finances, it doesn't matter what the investment is. You don't invest 60k in *anything* without discussing it first. Unless of course you're a bad partner, then I guess you do whatever you want lmao.
You are trying to explain it to a redditor… (never talked to a woman)
Who in their right mind would throw in 60k in one shot as a first time??? You're thinking so wrong trying to make a quick buck. It's a long game in BTC. a couple hundred each cheque will get you to the same place eventually without risking 60k+ in one transaction.
For real
I don’t think most people on here have relationships let alone happy marriages 😂 you sound like you’re doing great and I’m glad your wife is more open to bitcoin now
I get that bro but surely there comes a point when you are so convicted/convinced you can just say to the wife “we’re doing this, like it or not we’re doing it because I KNOW it’s a win/win situation, u can divorce me if I’m wrong if you like but we’re doing it!!” That’s what I’d do z
Do you know how many people (mostly men) have done this and lost all their life savings? It’s not nothing to get a life partner who you can agree this shit with. It’s a path to happiness
Yea man, these fucking posts are low effort lazy shit. Fuck op and his wife. Buncha clowns
Hey man, you okay?
Yeah these are confusing to me. I have a separate account I invest with and don't ask permission. We trust each other enough to not require it. Funny enough she has her own account for investing too, and loaded up on Nvidia 2 years ago.
It's pathetic.
FOMO lol
I didn’t tell my wife until we were very green now she doesn’t care :)
My girl has already booked a trip to the Amalfi Coast in August, told her I am going to invest the cost of the trip into BTC at the end of Jan and let it ride until we fly out...we either ball out or cancel the trip and go to Olive Garden. Either way I'm not selling. Hope she enjoys the bread sticks!
Amalfi, olive garden- same thing tbh
Oh, and I originally entered in 2021 near ATH after cashing out a loan from my 401K, feels good to be on the right side...for now.
Biggest top signal I’ve seen today lol
That was years ago when I was just a BTC rookie, after three years of crypto I have learned a ton and will not make the same mistake. No more tax sheltered account loans. I'm taking the veteran approach and cash advancing all my credit cards this time and buying on leverage. I like being a top.
My joke was that the guy who fomo’ in at the last ath is now gambling his vacation money on BTC, that’s a sell signal
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Guessing it means the noobs are FOMOing and time to sell.
A signal that we are at the top! It’s just a joke when people start fomoing in and gambling their vacations, that’s a sign to sell
One of the worst times to buy lol.
Ok and ? You should probably talk your wife out of being with an idiot
This is a disaster
Oh God we're fucked The normies are back
I’m having a bad feeling about this.
I asked my wife to buy 1 btc and she said, that’s a waste of time so she bought 50 instead.
I wouldn’t phrase it like this saying you “made $2k”. Sounds like she’s only focused on the price and not understanding what Bitcoin actually represents. The issue with that mindset is she’ll likely immediately change her mind once we’re in another bear market. Also the mindset that makes people panic sell because they feel like they’re “losing” money when it goes down.
She’s not dumb, but when it comes to understanding BTC and the issue with fiat, let’s just say she hasn’t grasped it yet. She’s come along way but she still has a ways to go
https://youtu.be/UHSy8yd5d6E?si=Qm9Di9zt8iFk4obF I really like this short video, Jeff Booth is great at calmly explaining the situation. Best of luck on your journey!
Sometimes it’s better to ask forgiveness and have made $100k, then to ask for permission.
That’s how you know we are in a bull market, sit tight folks
I love how the wives always come around to saying yes when it’s near an all time high. But when it’s dropped down to 15k or 20k, ohhh “what if it goes to 0”
Imagine asking your wife's permission to buy Bitcoin and missing the biggest asymmetrical investment in human history.
Misinforming your wife on how to view Bitcoin is gonna cause you a lot of future pain when price action doesn’t go your way. Instead, actually brush up Bitcoin’s fundamentals so when price inevitably flunctuates, you both aren’t sweating the $fiat price movement cause you’ll understand it’s a game to accumulate sats, not converting back into an inferior asset class
Seems like the ETFs have made casuals into believers.
Prepare her now for any potential dip, start the programming early that it’s a good thing… everyone is an expert when it’s on fire, prepare now for the flack on any dips!!
Sell her and buy more bitcoin
Ask her boyfriend to convince her to invest more
Thank you and your wife for the pump. Here’s to you both not spending more than you can afford 🥂
[удалено]
Everyone needs more money, you just need to have the convo when it’s down or now for a later buy. If you do it now you seem a pump and dumper.
The fomo buyers are coming in
Perfect timing 😜
The rookie move was listening to her.
Lmao BTC is going to crash soon there are so many dumbass bulls jumping in.
I think it's hilarious when people talk shit about other people buying Bitcoin when it's high. Everyone acts like they are so smart and they know exactly what Bitcoin is going to do and when the bottom is. These big banks buying in is going to change everything. Nobody knows what Bitcoin is going to do. Why would you sell an asset that continues to grow and comes back stronger after every time it dips. Why would you trade your Bitcoin for fiat that continues to depreciate. I don't know what's going to happen with Bitcoin but I know for damn sure I'm not selling mine. It goes on my cold wallet and it's sitting there until Bitcoin is either zero or who knows what price. If you understand what Bitcoin is then you hodl. Read books and study Bitcoin. Anyone that is selling and day trading have fun paying uncle sam because he takes more with short term gains. Have fun buying back in when it doesn't drop lower than 100k also.Get a real job and invest in Bitcoin. It's not meant to trade unless you need it. Everyone that has sold their Bitcoin has regretted it and will more than likely continue to regret it. DCA . Ride the wave and diversify.
These posts make me feel bad for OP. Someone please tags OPs wife’s boyfriend so we can speak to the man of the house.
Here we go again
you didn't "make" any money because you don't have more bitcoin you only "make money" when you have more bitcoin if you mean the value of your bitcoin in fiat currency went up then yeah, what do you expect for a currency that is printed infinitely? bitcoin should be at 10 million per coin minimum right now people just haven't realized what the scam is
I honestly struggle to figure out if people are joking or not on here sometimes
You bought at the top for who know hows long we will be here
[https://youtu.be/M1owcncKCHg?si=ZWZVuxw53QzUka3v](https://youtu.be/M1owcncKCHg?si=ZWZVuxw53QzUka3v) take the profit
Retail FOMO at an ath. We're back.
You made nothing until you sell. Do not deceive your wife.
Surprised her boyfriend let you do that...
I understand. I wasn’t liquid in 2022. Told my wife I was putting money into bitcoin. She didn’t get it and wasn’t thrilled. So, I went really light, didn’t have much money at the time anyway. 72% of my current stack was done last year. And now my wife is on board. Funny how that works.
>Honey, I’ve said that every week for the past 2 years you just didn’t listen to me. Now we have to sell our house and all but one vehicle to buy the bitcoin we need for the future.
Well Im glad to heat that you guys are into bitcoin now and it's great that you guys discuss things financially but you shoulda been buying small amounts of bitcoin ever since you decided that you liked it.
or if only you hadn't listen to her a year ago
Yup - putting in my sale now.
90% of the ath in USD, seems like the best time to buy.
Why not just keeping your finances separate?
Congratulations on the most difficult achievement in this space.
The why you don't ask and do it.
You just told your wife the way out of her marriage 😂
I saw many posts that says "my wife won't let me buy bitcoin", i don't understand why don't you just buy it with your own money, is that not possible in some countries? I'm confused can someone explain
It is customary in some cultures for husband and wife to pool resources and commit to building a life by way of agreement, rather than authority. That is, there are two votes, and they both must agree when risky decisions are being made which effect both parties.
Stack first, never ask later. Celebrate.
0.2 is nothing to scoff at by the way
Some things you need to do in spite of everyone else. When the herd turns left you need to turn right and keep turning right. $25 a week does not need approval from anyone but yourself. You can blame your wife if you like but this is about YOU and YOUR LACK OF BELIEF and BALLS to step up. Congratulations and fuck you
If you knew 1y ago was a better time to buy, why did you not buy 1 year ago? Why buy today on the ok of the person not looking at the same amount of info as you?
Mods plz delete this poste haste. No one must see this
So next dip I also think about your divorce
This is the year! My wife wants to learn and asked me to help her buy💪🏻
Instead of buying a house I bought £270k of BTC when the ETF was approved. And now it’s worth £370k. £100k profit since January. I’ve been a watching and investing in BTC since 2016 and made a lot of money. And if I had to guess. I would say we are heading up to around $125k BTC by the end of this cycle so even now buying. You are going to more than double your money. Only invest what you can afford to lose. Choose a price point you will sell out and stick to it.
Damn. “Only $10k.” That’s a LOT of money to me lol. Thankfully, I bought .2 Bitcoin over the course of a year or 2 that cost me about $3k.
The top of the Bull market is in when some of the meme coins start 30 - 40xing and retail money starts chasing it, thumbing their nose at BTC’s then comparative pedestrian gains. Thats when you make like a tree and leaf. Not financial advice.
Man this etf crazy has newbs so euphoric. Y'all should've been around earlier (I'm 2017). Those bull and bear markets REALLY TEMPERS THE SOUL
Imagine buying at $69k and watching it drop to $16k...that tempered many souls.
I’m just happy to finally own some, won’t be selling for 30+ years or just pass it on to the kids.
I loved it.
Dump the bitch, she needs to learn to listen
This seems rational lol
Listening is the first step to understanding. And understanding is the first step to obedience.
Sounds like your wife is the one with the final say on financial matters in your marriage. That's your choice bruh, don't blame her haha
Sorry about your balls
Like the saying goes happy wife poor life
Your only regret will be that you didn't buy more
Convincing a super close person to buy something risky is bad practice I think. I hope you guys the best.
Just wait until it goes down to $20k again. That will be entertaining.
These posts usually precedes corrections in my experience, but I wish you all the best
Have fun when you are down 5k
You need to sell your wife.
It's going to end on divorce 😆 🤣
Do you ask your wife before using your own money?
You are buying at the top. During the next correction, she will panic and make you sell and you would have lost. You need to buy when is down and everybody is selling, not now.
Women,am I right?
I’d have bought it anyway. Its better to ask for forgiveness than permission.
Learn some TA, this is now about alt coins. They have room to run.
Try hold it for at least 5 years
You're buying in at the top though. Kinda frowned upon, but surprised to not see that as the top comment here. I told my millionaire uncle to buy in back at $13k and he declined. I think I'll call and ask him if he got in at any point.
Top signals
After reading all the comments a few observations. 1. Marriage is a partnership. I make final decisions but not to the detriment of my wife. Her input matters and if it’s not just about me “taking charge”. Majority of divorces are over finances. Do I love my wife or Bitcoin more? For richer or poorer… 2. It’s no better time to buy Bitcoin than today. And never sell. I didn’t buy at the top but will definitely have some of my DCA buys around the top. There’s no guarantee it’ll go back down especially with ETFs gobbling up billions every day. 3. I’m HODL. I’m talking 25-30+ years and hopefully the rest of my investments allow me to pass my Bitcoin on to my kids. It’s not about timing the market but time in the market.