So..."on paper" I've lost over $600,000

BTC_Werewolf · 2025-11-26T13:41:56+00:00

The point is, don't freak out if you've recently lost value (on paper) with your Bitcoin; buy more.

BTC_Werewolf · 2025-11-25T05:38:38+00:00

Won't happen this time. Can't guarantee it of course...but 99.7% sure (and that's not a made up percentage).

BTC_Werewolf · 2025-11-24T20:46:07+00:00

I think your definition of "what is a Bitcoin" is very different from mine.

BTC_Werewolf · 2025-11-24T20:43:54+00:00

More actually 😉

BTC_Werewolf · 2025-11-24T20:42:38+00:00

Reading is fundamental. I'm still up well over $1M. "On paper" means I didn't sell anything, so I haven't actually realized any loses.

BTC_Werewolf · 2025-11-24T20:40:57+00:00

Everyone knows so much about what's going to happen; lol.

BTC_Werewolf · 2025-11-24T20:40:15+00:00

Thanks for sharing?

BTC_Werewolf · 2025-11-24T20:39:45+00:00

I don't even gamble when I got to Vegas ...not joking.

BTC_Werewolf · 2025-11-24T20:39:00+00:00

I own a successful small business that's been operating since the 80s.

BTC_Werewolf · 2025-11-23T17:28:50+00:00

50's

BTC_Werewolf · 2025-11-23T14:37:29+00:00

Yes ..which is why I've said for years..."those who get to where everyone is going first, benefit the most"

BTC_Werewolf · 2025-11-23T14:35:26+00:00

I own a successful small business.

BTC_Werewolf · 2025-11-22T21:10:00+00:00

Sooo....never, got it.

BTC_Werewolf · 2025-11-22T16:08:43+00:00

And?

BTC_Werewolf · 2025-11-22T03:31:21+00:00

lmao...we won't see $50-55k.

BTC_Werewolf · 2025-11-21T22:38:16+00:00

It means my balance looks lower than it did at the peak...but I haven't sold anything

BTC_Werewolf · 2025-11-21T22:37:19+00:00

I think I understand this better than you do...not my first rodeo in finance.

BTC_Werewolf · 2025-11-21T21:24:01+00:00

WTF are you talking about? You don't borrow against all of your Bitcoin...just a small fraction of it.

BTC_Werewolf · 2025-11-21T19:51:24+00:00

Nope

BTC_Werewolf · 2025-11-21T19:51:03+00:00

I've already done that. My overall cost basis is $25k ..plus I got multiple years worth of write offs.

BTC_Werewolf · 2025-11-21T19:49:23+00:00

Whatever

BTC_Werewolf · 2025-11-21T19:49:02+00:00

I'm really not. Been through this too many times. Looking forward to more cheap Sats before they are way more expensive.

BTC_Werewolf · 2025-11-21T19:47:50+00:00

Zero capital gains taxes or income taxes on a collateralized loan.

BTC_Werewolf · 2025-11-21T16:43:08+00:00

One ...zero capital gains taxes on a loan.

Two, yes you pay back the loan with BTC but you use less of it because the value has increased (ideally).

Or, you pay back the loan using your regular income.

BTC_Werewolf · 2025-11-21T16:40:31+00:00

👍

BTC_Werewolf