Do we really have control in our own bitcoins?

[Noobguy]

I always think -

Bitcoin's price is so high now compared to its cheap early days— people are buying bitcoin thousands of dollars worth today, actually profit long-term, or is a big crash coming that wipes it out?" It's basically fear of buying at a peak and regretting it if the value collapses.


Back when BTC started (early days, like 2009–2013), each coin was worth very little (pennies or dollars), so early buyers could get tons cheaply. Now the price is super high (around $68,000–$70,000 per coin as of mid-February 2026), so spending thousands of dollars buys only a tiny fraction (like 0.1 BTC or less). If those who invest thousands today will see their money grow and become "worth it" in the future, or if the whole market will crash hard and they'll lose everything.


I want to know about this topic.
Thanks.

[Rashlyowl]

There is no relationship between title & content of the thread. In the title you question about control of BTC ownership, while in the content of the thread you discuss about BTC monetary. I will just answer based on your title, you will have control over your BTC as long as you keep it yourself (self-custody), when you keep your BTC on centralized exchange, you don't own your BTC, they (centralized exchange) owns it.

[SilverCryptoBullet]

Back when BTC started (early days, like 2009–2013), each coin was worth very little (pennies or dollars), so early buyers could get tons cheaply.

Bitcoin in past years especially in very earliest years like 2009 to 2013, was not actually cheap.

Do you know why?
It's because in years like 2009 - 2013 especially in 2009 and 2010, Bitcoin was a very young project and blockchain with little adoption as well as super high risk to be failed, died. It's never cheap when spending your money to something that has high risk of failure, death days or months later. It was exactly Bitcoin in 2009 and 2010 years, or if you want it's similar til 2013.

Now the price is super high (around $68,000–$70,000 per coin as of mid-February 2026), so spending thousands of dollars buys only a tiny fraction (like 0.1 BTC or less). If those who invest thousands today will see their money grow and become "worth it" in the future, or if the whole market will crash hard and they'll lose everything.

Bitcoin price is always high and even very expensive with people who only look at today price, have short term mindset while don't understand about Bitcoin, don't know about its potential and don't believe in Bitcoin bullish future.

With price about $70,000, compares to price around all time high $126,000, it's a very great discount price, it's cheap for intelligent Bitcoin investors.

Anyone see this chart and says Bitcoin is going to crash?
https://www.coinglass.com/de/pro/i/yearly-candlestick-chart

[Ronsbit]

As far as I am concerned, and based on the topic of your thread, we have sole control over our Bitcoin because we have the keys in our very own possession, except otherwise in the case of a hack or scam. However, just like what Rashlyowl has said, you have full custody of your bitcoin when you put it in a self-custodial wallet where only you can access it, but when you put it in a centralised exchange, that is when you are not fully in control of your assets because you do not have access to the private keys and anything can happen at anytime.
 It is in this situation that you can say that you do not have control over your bitcoin.

Your topic and the content of the discussion are not in line. Maybe you should look into it and do the needful because it could be tagged as misleading.

[bitmover]

I always think -

Bitcoin's price is so high now compared to its cheap early days— people are buying bitcoin thousands of dollars worth today, actually profit long-term, or is a big crash coming that wipes it out?" It's basically fear of buying at a peak and regretting it if the value collapses.

This has nothing to do with control.

You control your bitcoin, but you cant control its price.

Actually, you cant control the price of anything you own. If you buy a house  you cant control its price when  selling or buying.

If you own stocks, the same.

[Gozie51]

Although your content doesn't support your title but talking about the title of your post, you can't control the price of bitcoin but you can control the amount of bitcoin you have in your wallet either by making use of it or adding to it. Even during the beginning when the price was still cheaper, the supply remains at 21m and it still remains that way today. It is the demand for its use and supply that keeps changing and causing the price to increase.

[lizarder]

Bitcoin's price is so high now compared to its cheap early days— people are buying bitcoin thousands of dollars worth today, actually profit long-term, or is a big crash coming that wipes it out?" It's basically fear of buying at a peak and regretting it if the value collapses.

We need to understand one rule before taking any investment approach, so that our confidence is based on our knowledge of assets like Bitcoin. If we believe Bitcoin will crash, I think you need to understand the asset in more detail so that your investment is truly informed by its performance. Assuming people buy Bitcoin at the peak, if the investment scenario is long-term, they shouldn't experience losses even if Bitcoin experiences a sharp decline like the one we're currently pursuing.

The reason I say this is because Bitcoin always achieves a gradual recovery after gaining strong support, or what we often call a cycle, where Bitcoin will return to its highest peak, even if there's a decline like the one we're experiencing now. Calmness and unfazed by downturns is a mental preparation for every investor, as they realize Bitcoin will recover when the time comes.

[Hatchy]

I always think -

Just doesn't add up what you are saying.. your title is far different from the content of your write up.. is you wish to ask a question that needs good replies then try to make sense out of your question..

The bitcoin market has grown long enough to crash. I always tell people that such phenomenon is not possible anymore for BTC. The chances of bitcoin going from a round number to completely zero is just not adding up.. we have to look past these few dump as bitcoin has long past these kind of situations. Those who bought at a very cheap price barly have nothing to lose at this point in time. Bitcoin still remains profitable for every single sat they own..

[Marvelockg]

If those who invest thousands today will see their money grow and become "worth it" in the future, or if the whole market will crash hard and they'll lose everything.

You don't need to buy a whole bitcoin and even if bitcoin reduces to $20k, not everyone will be able to buy it as a whole because individual's financial strength differs. No matter how little or much that your financial strength is, you're only to buy a particular amount of bitcoin per time.

The control we have over our bitcoin is that we can buy the quantity we want to buy at whatever time we want to do so as long as the financial well without is Available. You can't do so much about bitcoin price other than taking advantage of the prices and buying as much as you can as long as the resources is available.

[AprilioMP]

With Bitcoin, it means we are the bosses of our Bitcoin holdings. That complete control has not changed to date and will continue to be so.
However, regarding the potential profit from the price difference between buying Bitcoin at a few dollars and having to spend thousands of dollars to own Bitcoin, I cannot guarantee the answer to your question, but I believe I would not be disappointed even if I had to spend thousands of dollars to obtain Bitcoin.

[Bryan jessy]

From the topic; of course we have full charge of our Bitcoin, remember Bitcoin is a decentralized currency, and so far your seed phrases are safely stored without any third parties concept then you are in control of it.
I think the best topic for this thread would have been something relating to "A surge in Bitcoin price today or the investment approach and strategies to Bitcoin"
Because there is quite difference between the topic and the thread.
A person's gain or lose in Bitcoin investment is not guaranteed, invest and get ready for whatever that awaits, but in all Bitcoin still wins.

[abaeze]

As long as you keep your wallet password safe, your Bitcoins are yours. As long as you keep holding them, you can keep control of them. But your Bitcoins must be kept in a self-custodial wallet where only you can access them, so you have full custody. But even after doing all this, if for some reason you forget or lose your password, your Bitcoins are not yours.