BTC not even worth Hodling to 20k+

What's the point of holding BTC to 20k+ for measly gains. This is crypto. It can realistically go down to 10~15k in a matter of minutes. 20k to 10k is a 50% loss; 10k to 20k needs a 100% gain. Really not worth the risk so I have a sell order at 19.5k. Good luck frens I'm gonna wait till the next Alt season come early-January.

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Godspeed you weakhanded bitch.

I bought 5 BTC for around $1500 in 2017 and sold for $17000. It definitely wasn't an easy hold. I bought back this year for around 10.5k

what if it goes higher you fuckin dumbass?

>he thinks it can go higher

even if it goes to 25k tomorrow, are you really in crypto for a measly 25% gain? Best weight-out the risk-reward ratio.

its better than a fucking job

5x leverage and its over 100

Trading crypto may be profitable at times, but it doesn't give you the career social circle and social validation a job will grant you. We're social animals user. It is ingrained in our DNA and we thrive off it whether you'd like to admit it or not.

5x leverage and you're liquidated at 16.3k. Good luck bud.

Not everyone here buys btc in pursuit of get rich quick trades.
For a lot of holders they realize the current state of the modern finance system and btc is a hedge against it.

I won't be touching my btc until it gets to 100k+, not worth the risk.

>Arguing against Bitcoin and for alts because volatility
Ngmi

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Basically this
Get rich quick trades are for shitcoins and memestocks. BTC is a valuable asset

I'm talking about holding. I'm in the real estate business so I utilize and deal with bitcoin a lot. The utility of BTC is unquestionable.

I'm talking about the risk and reward of holding bitcoin vs other assets at this point. You can't deny that most of the money in crypto at this point is made mostly through bullish alt "seasons".

i used to be a chad who drowned in and fucked tight college hs girls and college qts for like 8 years from age 17-25. i got a worthless polisci degree and never once thought about my future, a career, or anything like that. all i did was sleepwalk through my faggot coursework and think about who i wanted to fuck. society is gay, jobs are jails, and the amount of effort and enegy you have to invest into being a npc-passing faggot that won't unsettle people around the office is soul-crushing. im not even a trader, i just hate the idea of working, but i guess my hand will be forced soon

he thinks he’s gonna get rich trading swings with 5btc, newfag the only way you’ll make it is with a long horizon(6 figure btc), making these nickel and dime trades every few years ain’t gonna cut it

do you personally believe we'll see six figure bitcoins at some point?

Isn't that the beauty of what we do user? We can now afford to do "work" that actually interests us rather than chasing the pay check. What I'm saying is that if you feel like you made a good amount it is not stupid at all to sell at this point. a couple thousand gains in BTC will do nothing to change my lifestyle and happiness. Making 5x gains in alt season is another story though. I make my guilt-free first-class vacation money there.

It's a x5 from where we are now, not unreasonable.

my sell order at 19.5k is around 28 BTC.

>most of the money in crypto at this point is made mostly through bullish alt "seasons"
That's how it works since 2015, this is nothing new.

Buttcoin’s roi is 2 trillion percent

Nice LARP but if not cya FOMOing at $50k retard

x5 will put the market cap of bitcoin at around 1.8 trillion USD. Greater than the GDP of South Korea.

Market Cap is an arbitrary and meaningless metric. >$350 billion
This amount does not even exist.

in the long term, yes, for the majority it’s impossible to imagine 4 years of time passing they wanna see a 100k bitcoin tomorrow, it won’t be quick obviously but bitcoin is setting higher lows since it’s inception.
if you were a make it chad you’d get your initial fiat back, clear taxes if you must l so your emotions are clear, keep the rest which is a free investment then throw the rest into another market.

Because $20k is the only barrier we have to hit $30k, once we breach $20k we'll hit $30k in no time

I would never in a million years short bitcoin. That said, holding is simply not worth the risk/reward/stress at this point. You have to acknowledge that the hurdle between 10k to 100k is incomparable to the hurdle that lies between 10k to 100k. Too much black/white;bear/bull contrast in crypto. I'm neither. Just cashing-out at a point I feel is right for me.

>the hurdle between 1k to 20k is incomparable to the hurdle that lies between 10k to 100k
I think this is what you meant lol. Why do you think that? Is it because of the market cap?

Same reason why Apple recently decided to do a 4-to-1 split. And yes, it is a bit different (lot sizes vs sats), but the mental barrier is there. Just like you don’t necessary have to buy a full lot/stock.

Glitch is tho
glitch.finance/Glitch-whitepaper-2020.pdf