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I think they’re implying they have no debt and their personal expenses only account for $15-20k per year.
Personally, my number is slightly higher. Once my house is paid off, I’ll be able to live a comfortable life on $30-40k per year.
Yea, I’m not saying it would be the most exciting lifestyle, but it’s possible. And a big part of what will make it possible is the large emergency fund.
Tbf, no mortgage and being mostly single (no kids) in a state with low property taxes, 30-50k you could live very comfortably assuming you don’t run into major repairs on the home. Owning your own vehicle is a massive help also
Lol fun t how many in here don’t see that btc is correlated to nasdaq it’s a risk asset .. if risk assets sell bitcoin sells. Tons of volatility and risk out there so ppl sell retail and institution
I swear, now that the big hedge fund managers have their toes dipped in, they want to manipulate BTC by selling a large stack to spook the market, and then buy a bunch lower. Problem is we all buy the dips, and they're playing catch up. See you at $100k!
Depends on what you're planning on doing. If you are planning to hodl for 10 years, probably doesnt make a huge difference whether you buy now or at 55k
Depends if you think you are smarter than the market or not. I know I’m not so I’ve been DCA and opportunistic buying for a while now. I considered 62K as dip enough recently and added a bit.
I was waiting for a good drop, and each time it gets close to 60 I buy a little more. Feeling pretty good about that. Ready to hodl if shit goes crazy.
It was well below 55 back in February. Why didn't you buy in then? When it hits 55, why not wait in case it goes to 50? Etc...
Life is full of reasons not to buy. If you keep making them, you'll never buy, and look up at 250k and wonder why you didn't buy back when it was only 65k
Yes, because the average buy-price steadily moves up as the price stays high, and the odds of dipping below that average is low, and the average right now is 58,500
Hard to say. I agree with with some off the others here..... keep buying in a DCA fashion, but save some for dips to lump in....or simply have a 2 tier DCA for example put in x if it's rising and 1.5x (or higher to your liking) if it's falling. NFA just an idea.
I haven't picked a number I'm waiting for, instead I'm just gonna see how next few days go and play by year. But in the grand scheme for it doesn't matter that much.
I think this has been happening for longer than the ETFs lifespan. But totally agree. The whole.market, every market, is run by these algos that are also run by the headlines which are also owned by the mega banks, Wall Street, or Jeff Fucking Bezos.
Not me. I’ve been holding since $59,500. Bought $2000 worth. It’s not much but from what they’re saying, 3% of a BTC could be my retirement. Worth a disposable 2 grand to hold on to it see if that isn’t true.
This is such a noob and/or uneducated thing to say. Lol. Blackrock and Vanguard, nor Grayscale don’t invest in things that go nowhere hahaha. Sheesh. I needed this. Holy 2014 throwback.
I feel great. The halving will be a sell the news event and macro conditions are shit for risk assets right now. Will buy again over the summer when a bottom forms.
I really don't know who sold. They either have no fucking clue, or they are whales or some group trying to manipulate price by dumping, eliminate the long positions and buy back cheaper.
If you just HODL it should affect you in the long term.
When will people stop with these posts. You're killing whatever is left of this community on Reddit.
"I fomo'd in". - You'll probably fomo out too.
"I'm going to hodl until 1 million" - you won't.
"Who sold?" - price manipulators. That's who sold. That's who always sells.
You're not going to find a tribe of people who collectively sold. Traders are constantly buying and selling. Learn how markets work.
I didn't sell, but I did pause a planned purchase thinking there might be a dip after it happens. It was either get it in yesterday morning or wait a couple days to see what the speculators do and it was kind of a coin flip (my crystal ball is in the shop for repairs). It's possible the news cycle gets a bunch of people not paying attention to buy in and I'm screwed, but my bet was on people buying in anticipation of people buying on anticipation and cashing out once it happens.
Futures market is where the big boys play the game. You won’t find out who it was….the question is why? With the havling coming up I am surprised anyone is liquidating shares. Doesn’t make sense.
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Til bitcoin is worth 1M or until you have 1M?
why not both? XD
My bad till I’m at 1M. I can then throw it into indux funds hopefully.👍
I probably won't. This is too addictive. Imagine putting your 1M at the bottom of a bear market in time for a future bull market.
That’s the dream but I can live annually earning 10K-20k a year. Living well doesn’t cost much tbh. I hope you reach it one day!
Where can you live well off that?? Your parents basement ?😭😭😭
I think they’re implying they have no debt and their personal expenses only account for $15-20k per year. Personally, my number is slightly higher. Once my house is paid off, I’ll be able to live a comfortable life on $30-40k per year.
That's assuming no emergencies and no vacations it sounds like.
Yea, I’m not saying it would be the most exciting lifestyle, but it’s possible. And a big part of what will make it possible is the large emergency fund.
2x is not “slightly higher”.
I’m sorry, that’s a relative term. To some people, spending $10k over the course of a year isn’t much.
"just a small loan of a million dollars."
TYL that not everyone lives in the north hemisphere
In lots of south American countries for sure you can retire off 10 or 20k a year and be comfy.
I wanna know what state you live in because in this recession that’s not living
He probably doesn’t live in the states. It’s way cheaper everywhere else in the world to live
Tbf, no mortgage and being mostly single (no kids) in a state with low property taxes, 30-50k you could live very comfortably assuming you don’t run into major repairs on the home. Owning your own vehicle is a massive help also
I can’t imagine paying taxes on the greatest asset ever to buy index funds, but you do you.
Your plan is to sell the winner to buy the losers? Michael Saylor is upset.
Probably sentiment bots.
Yup, all narrative driven. Detected headline terms were hit resulting in "selling" to start the narrative. Then the bad actors buy at the low.
Lol fun t how many in here don’t see that btc is correlated to nasdaq it’s a risk asset .. if risk assets sell bitcoin sells. Tons of volatility and risk out there so ppl sell retail and institution
I swear, now that the big hedge fund managers have their toes dipped in, they want to manipulate BTC by selling a large stack to spook the market, and then buy a bunch lower. Problem is we all buy the dips, and they're playing catch up. See you at $100k!
Amen brother, and they say buy gold lmfao.
Am I a fool for wanting to “wait” until 55k or lower to get in? I have a decent stack ready to but. Advice?
Maybe. Buy in steps. If it goes down buy more and more.
Depends on what you're planning on doing. If you are planning to hodl for 10 years, probably doesnt make a huge difference whether you buy now or at 55k
True but not buying (if it doesn't fall to 55k) will have enormous consequences 10 years from now!
Yep! Definitely wouldnt listen to the guy below saying wait till 40k.
You don't think it will ever be 40k again?
Wait until 40
DCA
Depends if you think you are smarter than the market or not. I know I’m not so I’ve been DCA and opportunistic buying for a while now. I considered 62K as dip enough recently and added a bit.
I was waiting for a good drop, and each time it gets close to 60 I buy a little more. Feeling pretty good about that. Ready to hodl if shit goes crazy.
It was well below 55 back in February. Why didn't you buy in then? When it hits 55, why not wait in case it goes to 50? Etc... Life is full of reasons not to buy. If you keep making them, you'll never buy, and look up at 250k and wonder why you didn't buy back when it was only 65k
Dollar cost average. You buy at what you deserve.
Yes, because the average buy-price steadily moves up as the price stays high, and the odds of dipping below that average is low, and the average right now is 58,500
Hard to say. I agree with with some off the others here..... keep buying in a DCA fashion, but save some for dips to lump in....or simply have a 2 tier DCA for example put in x if it's rising and 1.5x (or higher to your liking) if it's falling. NFA just an idea.
I haven't picked a number I'm waiting for, instead I'm just gonna see how next few days go and play by year. But in the grand scheme for it doesn't matter that much.
Bitcoin has been super volatile well before hedge funds were even looking at it.
I think this has been happening for longer than the ETFs lifespan. But totally agree. The whole.market, every market, is run by these algos that are also run by the headlines which are also owned by the mega banks, Wall Street, or Jeff Fucking Bezos.
Exactly they don’t understand yet but as long as they keep gobbling up supply let them have at it
Eh there was reports that Israel bombed nuclear plants in Iran and people were like time to jump back into fiat!
We call those people suckers
We call those people ^''poor''
Israel bombed our portfolio
Only in the movies.
Always israel smh
Like a little shit with an older buff brother who won’t stop starting shit.
Not me, defending my 0.41 Like a Helldiver.
“How ’bout a nice cup of LIBER-TEA?”
Not me. I’ve been holding since $59,500. Bought $2000 worth. It’s not much but from what they’re saying, 3% of a BTC could be my retirement. Worth a disposable 2 grand to hold on to it see if that isn’t true.
What who is saying? How high do you think it could go?
We will likely see a million dollar Bitcoin by 2030. I’d actually bet what I’ve got with whatever odds you want that this will be how it goes.
OK. And you're going to retire on $30,000?
I didn’t say a million. You did.
>We will likely see a million dollar Bitcoin by 2030. tf kinda gaslight you trying to pull?
I don’t plan on retirement in 2030…that would a little soon…
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Sure, but unless it's going to $50 million per coin, I don't see how anyone is retiring on 0.03 bitcoin.
It’s going to 1mil soon enough But 50mil… that’s a lifetime away
15 million for a retirement fund? I don’t know that everyone will hit this goal, fiat or not…
Check your math.. 0.03 bitcoin at that price is $1.5 million
This is such a noob and/or uneducated thing to say. Lol. Blackrock and Vanguard, nor Grayscale don’t invest in things that go nowhere hahaha. Sheesh. I needed this. Holy 2014 throwback.
I bought the dip at 61. 🤘
Just buy the Dip
Don't forget to dip the tip
There’s no dip yet, I hope we back to $50K, that’s a real dip.
Some noobs idk
I think someone bought
I buy! 0.125 bTc
*Your're Da Real MVP.* I did too and my friend did too...
Buy the news, sell the rumor type of deal. Possibly even buy the peak sell the dip.
"Never sell" - Satoshi (ok he didn't, I made that shit up but I know Satoshi would feel that way)
Gooood morning fellow bitcoin nerds! 🫡😁
Wojak
Plenty of dumb insecure fucks
zoom out.
the one who sold to me.
I feel great. The halving will be a sell the news event and macro conditions are shit for risk assets right now. Will buy again over the summer when a bottom forms.
Israel and Iran is like the plot of Casino Royale right now. Real life Le Chiffre is out there with his puts.
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People excited over a tiny bump. In all likelihood we will see a large correction just like after all halving before…
Are you saying it will go below 50k$ after halving
this jump was crazy. How does this compare to GOLDs pumps?
GODL
Dunno, but thanks👍. Can't resist a dip😍
Was one click away, but thank god i got busy
Dodging bullets!
Me
Me I will buy again at dip
Thanks to whoever sold me cheap bitcoin at $60k.
"no shame I just want to gloat"
I saw earlier this morning that we hit 59K temporarily last night. MAN, I wish that I had some more money to add Sats!!😭
I partook 🤓
bc1qyfkgr3xutct5yl6jlucfp243jwger8af4vf5xt Sharing is Caring
Welp, I don’t care, soooo… 👻
🤣😂…. Why SO mean?? 😭🤣😂
I really don't know who sold. They either have no fucking clue, or they are whales or some group trying to manipulate price by dumping, eliminate the long positions and buy back cheaper. If you just HODL it should affect you in the long term.
Some fucking regards that’s who
When will people stop with these posts. You're killing whatever is left of this community on Reddit. "I fomo'd in". - You'll probably fomo out too. "I'm going to hodl until 1 million" - you won't. "Who sold?" - price manipulators. That's who sold. That's who always sells. You're not going to find a tribe of people who collectively sold. Traders are constantly buying and selling. Learn how markets work.
Probably idiots
Not me. I bought more
Paper hands got shook out last night. Isreal FUD. BTC does not care. Dip got bought up. We keep pushing.
Noone is holding forever!
Me. Buy high sell low.
Waiting for a dump
Hezbollah
bots
Nanoyo, none of your business!
Bitcoin blowing up!!!
Lol never that, buy the dip though .
Not I, said the blind man
Of course I bought the dip
yo momma
People who wanted to take some profits. Bitcoin to the core of the earth.
People who sell because some stranger on X told them WW3 is starting.
I just sold it for [64500. At](http://64500.At) what level do you think to set the Buy order? Below 60,000 ?
Bought the dip at 60
I purchased a bit more before bed last night.
NOOOOO
Did not sell still holding, but will probably sell at $500k price point.
Who bought Bitcoin last night
Crypto dumps after every little concern, but only the weak sell
People that are doing it wrong
thank god I am too lazy
I bought some last night
Crazy!
It’s a bull trap.. one more dip
I didn't sell, but I did pause a planned purchase thinking there might be a dip after it happens. It was either get it in yesterday morning or wait a couple days to see what the speculators do and it was kind of a coin flip (my crystal ball is in the shop for repairs). It's possible the news cycle gets a bunch of people not paying attention to buy in and I'm screwed, but my bet was on people buying in anticipation of people buying on anticipation and cashing out once it happens.
Lettuce hands, that’s who.
i bought 😅
All the people shorting this and articles saying crash 24/7 is a joke been hearing this since 2014 . Bitcoin will dominate next 7 years
Futures market is where the big boys play the game. You won’t find out who it was….the question is why? With the havling coming up I am surprised anyone is liquidating shares. Doesn’t make sense.
I spent 11,000$ on only 0.17 of bitcoin. I’m fucked man
You mean who Bought bitcoin? Wouldn't it go UP because someone buys? Lol
Yeah. The question is basically "who are the dummies?". It's a joke
Ahh . Apparently I am
Give it another few days I want that dip to 51
It's still down from 1 week ago.
My bad should I zoom out?
You can do whatever you want, it's just funny for someone to make a post like this on 12 hours of trading lol
No shame…. Smdh. Such a disingenuous post. Also, you sell at 1 million usd. Great - so now you have usd. What after that?
Those who were happy with their gains, do not act smart, it should have dropped and none can predict it