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. image
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. image
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 View quoted note β†’
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. image
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. image
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 β€˜22, and have been on a steady downtrend since that has rapidly increased pace since the start of the β€˜24. View quoted note β†’ image
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. image
FEW View quoted note β†’
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. image
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? image