Bitcoins - about to hit $5,000 per coin today!

[unwieldy]

Losing tons of money in alts drove me nearly to suicide

[Flexacon]

I don't have a sell price target. Only a buy price target. I will start my buys at 75k

My 75k buys hit. Send it back to ATH 

[gib]

Losing tons of money in alts drove me nearly to suicide

Damn, that is sad to hear. I had a friend who had 10m in alts last cycle peak, which fell to around 630K at its low point. He was also, super depressed and considered suicide - even went to counselling. (He made it all back, and then some, doing some crazy and lucky trades). I sympathize as I saw what he went through. It impacted him seriously for around 2 years until be bounced back.

Look, if you truly have conviction, like Obsidian with ETH etc, then you hold, and be prepared to go down with the ship. But if you don't really know what you bought in the first place, Fartcoin, doggie coin, kitty coin, trump coin, or whatever bullshit scam coin - I think you either entirely mentally write it all off, and mentally move on. Or, you be done with it, rip the bandaid off, put all into BTC, and then just DCA into BTC every month from now onwards...

Suicide is never the solution. Reach out to a friend and talk this through. The is more to life than alt tokens, and you can always re-start the wealth accumulation journey (and of course you can't do that if you are no longer here with us).

[unwieldy]

Damn, that is sad to hear. I had a friend who had 10m in alts last cycle peak, which fell to around 630K at its low point. He was also, super depressed and considered suicide - even went to counselling. (He made it all back, and then some, doing some crazy and lucky trades). I sympathize as I saw what he went through. It impacted him seriously for around 2 years until be bounced back.

Look, if you truly have conviction, like Obsidian with ETH etc, then you hold, and be prepared to go down with the ship. But if you don't really know what you bought in the first place, Fartcoin, doggie coin, kitty coin, trump coin, or whatever bullshit scam coin - I think you either entirely mentally write it all off, and mentally move on. Or, you be done with it, rip the bandaid off, put all into BTC, and then just DCA into BTC every month from now onwards...

Suicide is never the solution. Reach out to a friend and talk this through. The is more to life than alt tokens, and you can always re-start the wealth accumulation journey (and of course you can't do that if you are no longer here with us).

They are too far gone (the alts). Hoping for a miracle pump on one of them for which an order is open long term, the rest of them are fucked and long gone. Just holding my 1 BTC and praying it will one day cancel out my huge losses. That's my plan.

I appreciate your concern, but don't worry those deep valleys are far behind me, I did manage to stay above water and not lose my home. And everything is well now cashflow wise to survive further (assuming ai layoffs dont wipe me out within 10 years). Just very huge regrets I try not to think about everyday.

[gib]

Just holding my 1 BTC and praying it will one day cancel out my huge losses. That's my plan.

Hodl for life. You are in a unique position with being a wholecoiner. That will, over time, put you in a very unique and powerful position. Will take time, and will be ups and downs along the way. But if you could look 10 years into the future, you will be thanking your past self from back in 2026...

[loco]

[loco]

While precious metals have seen wild swings, bitcoin — once pitched as a form of “digital gold” and considered an alternative store of value — has languished this year amid heightened geopolitical uncertainty. The world’s largest cryptocurrency by market value is down roughly 10% this year, struggling to gain traction after closing slightly in the red for 2025.

https://www.yahoo.com/finance/news/precious-metals-swing-bitcoin-tumbles-153119945.html

[Flexacon]

While precious metals have seen wild swings, bitcoin — once pitched as a form of “digital gold” and considered an alternative store of value — has languished this year amid heightened geopolitical uncertainty. The world’s largest cryptocurrency by market value is down roughly 10% this year, struggling to gain traction after closing slightly in the red for 2025.

https://www.yahoo.com/finance/news/precious-metals-swing-bitcoin-tumbles-153119945.html

Bitcoin narratives are just, narratives. Bitcoin has been moving in 4 year cycles, so looking at how it performed in just 2025 is pointless.

Also bitcoin under performing other asset classes during certain periods is a feature not a bug. The bitcoin bear market is what leads to huge over performance when things turn more bullish (after leverage is wiped out and liquidity enters the system) Being able to take advantage of that and buy during bitcoin bear markets is the easiest free money glitch out there.

[Brenda Steunbeer]

Some publicly traded companies companies have bought billions of such fantasy "coins". When the decline continues, it can spiral out of hand.
Often there also is borrowed money involved, lots of it. Banks can get very nervous when values keep dropping and they demand more collateral.
If that's not possible digital "coins" will have to be sold, increasing the losses.
Which can result in more sell orders, etc etc

Only bitcoin might imo be worth the gamble, but only after a severe crash.
And never use borrowed money to buy crypto.

(Forget about all altcoins, they are even more crap and 99% will go down the toilet)

 

[Griffith]

Fidelity officially launches US Dollar stablecoin on Ethereum.



https://www.fidelitydigitalassets.com/stablecoin?ccsource=owned_social_fidd_x

[Mayday]

70k

This is what happens when the masses all have exactly the same targets and start piling on leveraged longs.

[FitnessFrenzy]

$ 69.208

[loco]

No, but seriously: What’s going on with bitcoin?

Bitcoin is acting weird.

The world’s most famous cryptocurrency has tumbled 44% from its October peak, falling below $70,000 Thursday for the first time in 15 months.

That decline is actually not unusual at all. Crypto is notoriously volatile, and it’s gone through numerous crashes that are bigger than this one.

What’s strange is this: Bitcoin’s four-month slump has come at a time when, in theory, it had everything going for it.

Crypto bulls have long advocated that investors treat bitcoin as “digital gold,” a new safe haven investment where traders can store funds when times are tough.

So now would be a logical time for a safe haven to surge.

https://www.yahoo.com/finance/news/no-seriously-going-bitcoin-134329948.html

[FitnessFrenzy]

[unwieldy]

No, but seriously: What’s going on with bitcoin?

Bitcoin is acting weird.

The world’s most famous cryptocurrency has tumbled 44% from its October peak, falling below $70,000 Thursday for the first time in 15 months.

That decline is actually not unusual at all. Crypto is notoriously volatile, and it’s gone through numerous crashes that are bigger than this one.

What’s strange is this: Bitcoin’s four-month slump has come at a time when, in theory, it had everything going for it.

Crypto bulls have long advocated that investors treat bitcoin as “digital gold,” a new safe haven investment where traders can store funds when times are tough.

So now would be a logical time for a safe haven to surge.

https://www.yahoo.com/finance/news/no-seriously-going-bitcoin-134329948.html

Why are you copy pasting all these normie reflections on here? This shit is beneath us.

[FitnessFrenzy]

$ 65.882

[loco]

$ 65.882

Bitcoin about to hit $5,000 per coin today?   

[Griffith]

Time to go shopping 

[Mayday]

Why are you copy pasting all these normie reflections on here? This shit is beneath us.

63k.....

That was why I mentioned the pump from 80-97 and wanting a 2nd bite at the cherry might be asking too much given Thelma Bitcoin already flew the coup before the cliff.

The masses are crazy bullish Q4 2026 just like they were for a huge pump right now. One could use ETH as a sentiment checker. The fact is has held up is telling you something 😉

[unwieldy]

63k.....

That was why I mentioned the pump from 80-97 and wanting a 2nd bite at the cherry might be asking too much given Thelma Bitcoin already flew the coup before the cliff.

The masses are crazy bullish Q4 2026 just like they were for a huge pump right now. One could use ETH as a sentiment checker. The fact is has held up is telling you something 😉

Yes I misunderstood your earlier posts so set a sell order at 149k or something. But I think it peaked around 120,-125, now it may go back to 25k or something before it goes up again. Not sure. Need to sell earlier next time so I can buy more when it goes to shit again.

[Raymondo]

They are too far gone (the alts). Hoping for a miracle pump on one of them for which an order is open long term, the rest of them are fucked and long gone. Just holding my 1 BTC and praying it will one day cancel out my huge losses. That's my plan.

I appreciate your concern, but don't worry those deep valleys are far behind me, I did manage to stay above water and not lose my home. And everything is well now cashflow wise to survive further (assuming ai layoffs dont wipe me out within 10 years). Just very huge regrets I try not to think about everyday.

The last two weeks must have been hard 

[Mayday]

Yes I misunderstood your earlier posts so set a sell order at 149k or something. But I think it peaked around 120,-125, now it may go back to 25k or something before it goes up again. Not sure. Need to sell earlier next time so I can buy more when it goes to shit again.

Yeah, I had 126k as a top in the charts I posted. I provided the future ATH stops already up to 201k. As always, just whether you believe media and the masses of if things continue up and so forth.

This is the 1st cycle with ETFs on board. My low target is way higher than your and the masses.

However, ETH will get obliterated into dust. Kicked in the balls over and over and over and over.

[Mayday]

60k...... Fkn nuked.

Last 2yrs buyers of MSTR wiped out.  That's not even the worst for it as it's still leveraged on BTC...... All those Bitcoin gurus persuading everyone to buy MSTR on leverage because it was leveraged itself got every single one of them nuked yet again.

This is pretty ruthless stuff here.

Now ponder....  what damage was truly done to the ETF psychology.

[Flexacon]

Yeah, I had 126k as a top in the charts I posted. I provided the future ATH stops already up to 201k. As always, just whether you believe media and the masses of if things continue up and so forth.

This is the 1st cycle with ETFs on board. My low target is way higher than your and the masses.

However, ETH will get obliterated into dust. Kicked in the balls over and over and over and over.

Vitalik finally called out L2s. If he follows through on hyper scaling directly on the network then ETH maxis still have a chance.

Had more buys hit at my levels, got there far sooner than expected but not gonna complain. You are doing classic Mayday again. Too bullish with price targets when close to tops and too bearish when close to bottoms. Things look good going into March (excluding any potential US bombings in Iran)

[unwieldy]

The last two weeks must have been hard 

Not at all. I don't feel anything anymore.