Do you really see 30k as an opportunity, being the long term holder that you are?
I still have coins that I bought for sub 1k USD and for me 30k doesn't look like an opportunity to buy. The price is pretty high if you look at it from my perspective.
Don't get me wrong, I'm not planning to sell here, but when you look at the history and see that it touched 4k in 2020, 30k looks more like a high level than a low one.

IMO the fair value of bitcoin is around 30k, so selling here is a bad idea, but historically bitcoin often fell below the fair value when people sold in panic. 2020 is a good example of that, so there can be a better opportunity for those who don't have any BTC yet. 30k looks like a solid stable level that we are going to come back to again, not like a one time opportunity that you don't want to miss out on.

Don't have enough helicopters and jets to show at the air parade because half of the air force is being dismantled for scrap by Ukrainians and the other half is busy bombing cities. How are we going to hide it?
Say that it's too cloudy today! Nobody's going to ask any questions. They know where questions lead.

I agree with you, that was my experience with random people in the Internet that you can find in the comments under articles and youtube videos, on reddit and other platforms.
Those are always people who never had any real experience with cryptocurrencies, just stay in the sidelines and spew hate on everything and everyone.

The only thing that amazes me is that young people, usually in their 20s and 30s still support the current financial system and hate instruments that look to undermine it.
I'd expect young people to have more libertarian views.

I've tried betting like that and rarely managed to get 3 results in a row right, so this is insane. If the story is true, congratulations to the winner.


It is. You can't get everything right like that with knowledge or skill. He went with his gut I guess and the gut was telling him the right thing. Don't think that you can now do the same and repeat his success. This is like winning the lottery.

This is more or less what captured Russian soldiers were reporting. They all have 1 experienced soldier in a group per 5-10 rookies. Many of these rookies had only basic training. One group of POWs consisted of teachers whose principal told them they have to enlist for military training or get fired, so they went for 2 week training course and ended up in Ukraine.
You can see how they are running like headless chickens under fire. Artillery hits so they run towards a bunker, the artillery hits near the bunker, they all run out towards nearby bushes. Nobody knows what to do, they leave the wounded behind, get drunk. There's even a video showing them try to run in a civilian Lada car and a drone drops a grenade on their heads.
https://mobile.twitter.com/visegrad24/status/1520080492992897024
Congratulations to whoever piloted this. You sir have a superb aim.

No wonder they can't defend themselves if they're drunk or high most of the time, and when they are not they're hungry and cold.
Eating military rations and drinking vodka for a month can burn a hole in your stomach.

This is such a relative statement. For someone who bought sub 20k it's a good price, for people who bought in the last 12 months it sucks.
I sold some coins at 30k when we broke past the last ATH of 20k because I've been holding for so long and wanted to celebrate the bull run. IMO this is a fair value for bitcoin. Not too overbought like it was at 60k+ and not too oversold like it was in 2020 at sub 20k.


Really? Many line drawers say that the real bear market begun in March and we are in elongated cycles so it's going to be bear season for another 6 months
I don't agree with them, but what makes you think that the bear market is going to end soon?

I had a similar experience with it, with the difference that I've tried everything else before hodling.
I went through phases of mining, cloud mining, altcoin trading, altcoin holding, bitcoin trading and finally holding bitcoin. Out of all the activities and years of experience I can honestly tell you that if you have time and energy you can try trading bitcoin, if not hold bitcoin. The rest is going to wear you out and it's going to be like walking through a dungeon full of traps. If you manage to avoid them all, things like trading or mining may be good for you. If you want to be safe and just make money with minimum risk buy and hold bitcoin. Don't wait to buy the dip, just buy because trying to buy the dip makes you hold money on exchanges, lose time and energy trying to find the right moment. It's not worth it if you ask me.

There's no best time to buy Bitcoin. Somebody who entered the market in 2020 will tell you that 2019 was a better time to buy and someone who came in 2021 will regret not being here during the covid crash.

I saw this discussed a number of times. Every now and then someone comes in and asks exactly the same question as you, OP. If I can generate a random key, what's there to stop the generator from generating an existing private key and then I'll have access to somebody else's wallet.
There was even a guy who was doing it, generating new keys in hope that one of them would happen to be full and posting the results here on the forum. You can find the thread if you spend a while.
As far as I remember he spent a lot of time doing it and never even got a few bucks out of it. I think he got some spent addresses but all of them were empty already.

If it was that easy some of those people would've got a hit on Satoshi's coins already. Imagine getting a Binance wallet or something. Sorry, but your chances of winning a lottery are higher.

So I went to a doctor with my kid and out of pure boredom, while she was inside, started browsing 9gag. They were having a laugh talking how the idea of NFT failed with the market crashing and all that "going to 0" shit and of course the discussion was sidetracked into bitcoin with the general theme being that it's also worthless like NFT and also going to 0.
I read it for a second just to see how random people who spend time browsing memes see things that happen in our crypto space and I'd like to spare you all the crap and make it into some kind of a list, so here it is:

Bitcoin is worthless because there's no backing, unlike with fiat that is backed by states.
It just uses electricity and doesn't give anything back, it wastes energy.
Most of it is owned by just a few addresses so they decide if you win or lose.
It's going to 0 because it's a bubble like tulips and it's even smaller in size than tulips were.
It failed in El Salvador because nobody uses it, people just wanted free coins and stopped using Chivo when they got their coins out.
Only poor countries that don't know how to handle inflation will adopt bitcoin because they're out of ideas.
It lost so much value in the last year so it's not a hedge against anything. Gold lost less so it's a better hedge.

I used to think that people who hate technology and progress will be those who are too old to switch, like Warren Buffett or Peter Schiff, but young people who sometimes are working in tech jobs seem to rather be in fiat or gold, like the old generation. Personally, I would never be against something that gives people the freedom of choice and I'm not that young. I'd think people who are in their 20s should be backing freedom 100%, but guess not. On the other side, following the old meme, in the Internet nobody knows you're a dog. That could be a central bank employee trolling you on reddit

This is where this well known statistic comes to play, which states that (depending on a source) 80-95% of traders lose money on the market. If retail was always right we'd simply have too many millionaires, yet most people struggle to make ends meet. It takes time for people to get smart. I know a guy who borrowed money to invest in bitcoin in 2013 and lost it all by selling at the bottom. Then he got out and missed 2017 completely, working his ass off to repay the debt, but once he saved up some money he bought again and is a hodler now. The market is down But I don't think he's going to sell until he's at least 5x on his investment. You grow into this state of mind and that's why smart money is buying now and retail is out, because retail is 99% like my friend in 2013 - waiting for youtubers and line drawers to tell them what to do.

X-rays do not damage or destroy electrical equipment or data, so your ledger is safe at the airport. I've traveled with computers many times and never had any problems after going through security checks. If you're afraid they may find a ledger suspicious, just get a normal thumb drive. You can attach one to your keys and the security won't even care because they see hundreds of these every day.
I'm 99% sure they won't take away your ledger or any other bitcoin wallet. It's completely legal to have these with you, just like you are allowed to have your phone, car key, or a camera.



If it happens that they won't allow you onboard with the hardware wallet (which I haven't heard of), you can always choose to add it to your baggage. It's risky because bags sometimes get stolen or lost, but in that case you'll only lose the wallet, not its contents, because the wallet is encrypted.
Your other choice is not to board and leave with your wallet. Nobody will take it from you if you decide to miss the flight. Sometimes, for people who are carrying over 1BTC in there, missing a flight would be a better choice than having the wallet taken away.

It doesn't really matter. Those who claim to be experts also don't have a clue. All they can do is make shots in the dark and hope they hit something, so when the light comes up they can say "I told you so"... and then sell their "trading courses" to idiots who think they really predicted that last move.

I'm only sure of one thing. Another bull run with another ATH is going to happen within the next 3 years and It would be a crime to miss it. Whether it goes to 32 or 25 along the way will not matter in the long run, just like most people don't even remember the covid crash today.

That's exactly it. Those of us who survived more than one cycle came to the conclusion that when all the dust settles, it's the selling at lows that we regret, not holding at highs.
When the price crashed I sold some of my coins and I know a guy who sold everything at a loss in 2014. Its those things that hurt you in the long run. When price hits a new high and it eventually will, you won't think that you did not sell at 60k. It won't matter because in your head you'll already be past that.

For me the hardest part was holding at really low prices when I knew I had very little value stored in my coins. When it became a lot of money it stopped bothering me. I knew that whatever happens I'll never have less than I had when I bought my first coin.

When you buy at 10k USD and it goes back to 3k that's where you feel bad and it begins to wear you down, making you want to end this and just sell and be done with it. When you buy at 10k and it goes to 60 and then back down to 20, it's just another day.

I love how people draw lines trying to predict what comes next and they always fail. Like, how can you draw a line a d call it bullish when we supposedly are in a bear market since January? Unless you thought that we were in a correction in a bull market, just like in Summer of 2021, but then it still doesn't make sense because you claim that we broke a bullish trend line, but we are still at a higher low compared to 30k in July, so we should still be in a bull market

Somehow when we went to 30k last year, everybody said that the bubble has popped and we're in a bear market now and it's going to continue for a year. Then we went to 70k and line drawers were obviously shocked. Then we went to 32k in January and line drawers said that it's officially over now and we're going into a bear market, but then we went to 48k and line drawers on Coindesk and such were euphoric - lines broken! 100k incoming! And now we're back at 35k...

Is dog fighting allowed in the PH? The answer is no. Why is cock fighting allowed then? Let's be consistent here! According to these people some animals can fight and some are banned because it's too unethical when the animal is bigger? I'm usually against any bans by government, but in this case some rules should be established. Animal cruelty should always be outlawed.
Makes me wonder why they'd ban online gambling, blaming addiction, but allow on site gambling. Again no consistency. It's like the government is afraid to displease people, but at the same time trying to protect them. You can't have a cake and eat it.

It's still interesting, especially the charts posted later, like the one with the greatest number of casinos. I bet if somebody asked you to name a country with a lot of casinos, you wouldn't say Romania or Czech Republic
I knew China has a lot of it, they have one of the biggest revenues and the highest losses recorded, but aren't even in the top 20 when it comes to the number of casinos. Does it mean that Chinese people gamble online and online casinos aren't on the list? That's probably the best explanation.  It also makes you think that a country with huge online gambling industry, not the one with the most physical casinos, produces the most revenue.

I can feel the inflation skyrocket here in the EU. I'll give you a few things as examples and all that compared to the last Bitcoin bull market of 2017/18. Since then my rent has doubled and so did my water and energy bills. Inflation went up by about 100%, it's hard to say where it really is now because different sources produce different numbers. I know a guy whose mortgage went 2x in the last 2 years. At the same time our salaries increased maybe by 20% and minimum wage did the same. It was hard with the pandemic but it's even harder now thanks to Putin and his stupid war.

My standard of living did not change. The only difference is that I had plans to buy a few things, change some stuff around the house, but now it will have to wait. I'm not going to have enough cash for all that with current prices.

If they can make it safe from hackers, which always was the biggest hurdle in these types of games, they'll do fine. I'd play such game out of curiosity if I knew it has observers who watch for people cheating and everything is 100% fair. Many online games tried to make anti cheat systems and failed. Ultimately the best way to spot cheaters is to have judges present during matches and to allow players to analyze replays and see what places players were looking at, where they were aiming, if they were affected by the environment like smoke, flash, suppression, fog of war, and so on. Eventually all anti cheats can be defeated, you need another human to spot cheaters.

Most people are not trading at the moment because of this. Many indicators prove it, like low daily volumes and outflows of coins from exchanges. For instance on Bitfinex, daily trading volumes between November 2020 and  March 2021 were mostly between 10k and 25k BTC. Since April of this year they're between 3k and 6k. People are choosing to wait this out, either by holding fiat/stable coins, or taking their BTC out and deciding not to participate in this market. I feel like only 2 types of people are left now: leveraged speculators desperate to make some money and big manipulators who try to squeeze them.

Looks like somebody is trying to manipulate leverage traders. After that small pump yesterday people started feeling bullish and somebody with a lot of money decided to take advantage of that. You can see that a lot of coins were dumped all at once on centralized exchanges. Nobody does that unless they want to start a liquidation cascade.
Whenever you see large amount of coins sold within 1 minute, you can be sure it's being done on purpose to shake people out.