Just remember that you haven't made any money until you actually sold it and the money is in your bank account or in cash. It's extremely easy to get greedy and think that Bitcoin will rise more and more, and then you will miss out on selling at ATH, and when it crashes, you will wait for it to bounce back at least to that level, which it will probably won't do.

It's possible of course, Bitcoin demonstrate excpectation-defying growth in the past, but it's more likely that at $55-56k there will be a correction, because after every price jump a correction will come. And getting close to ATH before even the halvening would be a bit worrying, it means that everyone recognizes the halvening pattern and thus the pattern no longer works. It could mean the accelerated bull market with the new ATH being reached in this year, and a new bear market after that.

Lots of coins have already been sitting on centralized platforms, mostly exchanges - did it cause any problems for the network? No it didn't. It's a good thing that Bitcoin didn't took the course of that PoS nonsense, because then we'd indeed have to worry about coins being concentrated in one hands, because each coins would also represent a vote on the network.

And we'll never see a scenario when all coins are on centralized platforms, there will always be supply of coins for p2p trading because there will always be demand too.

With Bitcoin you always have to tripple-check every single step that you make, because there's lots of ways you can make a mistake that will cost you your investment.

If I were to sell 1.7 BTC, I would split it into like 4-5 batches and sell them over a few days or even weeks. The absolute worst case scenario if something goes wrong is losing 1/5 of the stash instead of all of it.

They attack BTC and want to still its brand because they are a cult that blindly follows their leaders (Ver/CSW) and because they are holding their shitcoin bags and hope that they will pump if their shitcoins "becomes Bitcoin". Some of them probably invested in those scams when they were at their peak or even just a lot higher than currently, and are now desperate to at least break even, which will never happen. There's also a good dose of conspiracy theories that attack Bitcoin devs, and everyone knows how toxic and irrational conspiracy theorists tend to be.

It's one thing for Bitcoin to reach the marketcap of gold, or really any other milestone, and a different thing to actually hold it. In the past there was a huge difference between the ATH and an average price of a period before or after that. We could witness Bitcoin temporarily reaching marketcap of gold in the next 10 years, but seeing it holding that level is something that's not likely to happen soon.

It's easy to say that Bitcoin can easily double, tripple and quadruple in price because it did so in the past, but this growth rate will sooner or later end, nothing can go only up and up at a fast rate infinitely.

Tiny amounts of sats are sometimes sent to addresses that are linked to your identity in a hope that it would help them link more of your addresses. I and many other members of this forum have received such dust amounts to addresses that we staked here for a proof of identity. If we don't practice coin control and accidentally use these sats in our transaction, this would link our forum identity to more of our addresses, which is what the attackers want.

You shouldn't tell other people that you own any Bitcoin at all, and that means never bringing up this topic ever. But if you already made such mistake, the second best thing you can do is to lie to them and significantly downplay your Bitcoin holdings to the point it won't attract much attention. Because if you try to be evasive and not give any concrete number, people will naturally start suspecting that you're very rich, and I think I don't need to point out all the negative implications of that.

People only could predict that there will be a bull run after the halvening, I never saw anyone precisely call tops and bottoms, it's always wildly off.

It doesn't take much skill to extrapolate the past performance with mathematical formulas or even drawing charts by hand, but it always fails because people don't understand the fundamental reasons why those cycle happened. And without such knowledge we actually can't tell if these cycles will keep repeating or not.

I could easily build a case that after halvenings stop impacting the available supply, not only there will be no bull runs after the halvenings, but the price could majorly correct from all the overinvestment that happened during the early emission phase.

There is no asset that is completely risk free, but risks of Bitcoin are many times higher than those of safer assets like real estate or stocks of big companies.

The key word is "so far" - no one can reliably predict where will Bitcoin be in the future, and there's no guarantee that a major bear market won't come. Maybe all these recent bull runs are a bubble and there will be a huge correction - that's a real possibility too. Those "boomer investments" are yielding less profits than BTC for a good reason - they are less risky and far better understood.

If I were planning to retire off BTC gains (and I might actually do that), I would focus on exit strategy to actually take BTC profits and move them into safe and predictable assets, instead of holding all my wealth in BTC for the rest of my life.

Would the price be at $50k if the halvening was 1 year away from now? Or 2 years?

When there's a halvening-induced bull cycle, people tend to attribute the price to everything but the halvening to make it feel more natural. Institutuional investemtns, billionaires buying, legal tender status, huge predictions from influential people, baseless rumours - everything is proposed as an explanation for the price growth, and yet when the same events happen in a bear market, they don't move the price even by 1%.

People like to theorize how crypto can do that and point out that it's borderless and has less restrictions and regulations, but it all remains just a theory for one big reason - crypto is not used much in real world. It's great to be able to send money to anyone in the world, but still all the attempts to create something like a freelance job market that pays in crypto have failed and they list like a dozen jobs per month, while the fiat competitors post dozens of jobs every minute. Same thing with businesses and such - it's incredibly rare to find someone who accepts crypto because there's not much practical benefits to it. And even investing in crypto has no global effects, because poor people just don't have any money to invest.

Patterns hold until they don't. Recognizing patterns is nice, but without understanding why those patterns are there in the first place, you can't make accurate predictions. So far I haven't seen any decent explanation of why there's a cyclic pattern tied to halvenings and why it plays out similarly every time. It could very well be the case in this cycle that because something changed, things will be different this time. It could be because there's more institutional investors this tie, it could be that halvenings are not longer impactful because over 93% of the total supply has been mined already, it could even be that the pattern breaks because too many people recognized it.

When there's a bull market, the price doesn't exactly fall to where it was before the jump, but somewhat higher than that, and this process repeats over and over so on average the price is rising. And it's actually quite hard to time all these ups and downs well to profit from every movement, so you shouldn't see just because there's a large vertical candle and there's a lot of hype. The best strategy is to make a few purchases during the bear market and a few sells during the bull market at certain key price levels.

Bitcoin is generally tolerated by the government and financial institutions so long as its mostly used only as an investment. But if Bitcoin starts becoming a competitor to fiat currency, money transmitting services; if it will start actually disrupting the current financial world instead of becoming a part of it, then you would see the system reacting to it. It's not about whether Bitcoin is regulated or not, it's about how Bitcoin is being used by society.

Now ask yourself how many coins will these people sell during the bull run. They are professional investors, unlike Bitcoin hodlers who set unrealistic price goals, these people will not miss out on an opportunity to take good profits. So don't listen to Cathie Wood or Michael Saylor when they predict where the next ATH will be, because they will sell way below that and crash the market.

We could speculate a lot about the inflow of money through ETF, but let's not forget that the price is formed by both supply and demand. ETFs increase demand for Bitcoin because it's a new way of buying BTC, but we can't predict the available supply of Bitcoin, despite knowing the total supply of Bitcoin. That's because we don't know how many coins will be up for sale during the next bull run, or how would the insitutional investors trade. I personally believe that those big investors are not "long-term holders" like retail investors on this forum - they won't wait for 10 years to take profits and would rather make a few big trades in every bull and bear market to take the full advantage of Bitcoin's volatility.

Don't expect anything, because by doing so you will most likely make yourself miss out on good opportunities. Think about it, how many people predicted in the last cycle that $69k will be the top or that this top will get revisited later? Pretty much nobody predicted that and everyone was hyping $100k and $200k. Same thing happens again - people repeat predictions from Plan B, Michael Saylor and other gurus, even though they were never accurate in the past.

If you want to actually make money, you should forget about timing the market perfectly and just buy during bear market and sell during bull market. This is easier said than done for newbie investors, because they are too fearful to buy during bear market and too greedy to sell during bull market and end up with no realized profits in the end.

Scammers aren't only active during the bull runs, they are attracted to crypto because of its properties like censorship resistance and privacy, which makes scamming a lot easier. And knowing about the examples of scams is good, but it will never be enough, because scammers will never tire of inventing newer and more sophisticated schemes. What's important it to learn one fundamental rule - if you're sending money to someone and have no realistic plan how to get your money back, you have a high chance of getting scammed.

It's not possible, you already outlined why. Solving scalability is one major challenge, I don't think it's guaranteed to be ever truly solved and allow Bitcoin to process all transactions in the world, which is billions of transactions per day. And this major challenge is overshadowed by the resistance that banks, governments and payment companies would pose if Bitcoin starts to become a real competitor. There's a popular belief in Bitcoin community that they are already trying to kill Bitcoin and failing, but it couldn't be further from the truth - they actually ignore Bitcoin or even help Bitcoin by making investing more accessible. That's because Bitcoin-as-digital-gold is not a threat to them but an opportunity for making money through fees and taxes.