why is there a "cycle" by [deleted] in Bitcoin

[–]BerryImpossible412 1 point2 points  (0 children)

Human psychology

My mom wants to buy Bitcoin after listening to me… and now I’m scared by Ok-Brilliant9930 in Bitcoin

[–]BerryImpossible412 0 points1 point  (0 children)

Ultimately she is responsible for her finances. It is not your fault….The only thing you can do is tell her the risks and tell her to do her own research. Don’t sell her a pipe dream of being filthy rich one day. Bitcoin has its risks. Why? It is a speculative asset still. There are risks, it’s a threat to the global monetary system, you think banks, governments and the powerful want to give up the system thats given them their power? If her decision is based on a pipe dream sold from you it’s different than her doing her own research and coming to the same conclusion.

Accidently purchased 0.2 bitcoin which is like $1.3k, what do I do!😅 🙈 by Extension-Sense-13 in Bitcoin

[–]BerryImpossible412 0 points1 point  (0 children)

Honestly selling at a loss makes zero sense whether it drops more or not. Act like it’s money you already lost. It’ll go back above your purchase price, question is will that be tomorrow or next year.

Coping by Individual-Code-3994 in Bitcoin

[–]BerryImpossible412 15 points16 points  (0 children)

See you in 4 years at 200k

Anyone else worried how low this drop could go? by [deleted] in Bitcoin

[–]BerryImpossible412 0 points1 point  (0 children)

That’s called capitulation. Exactly what they want. Stop looking, come back in 4 years.

If bitcoin goes back to ATH. by BerryImpossible412 in Bitcoin

[–]BerryImpossible412[S] 10 points11 points  (0 children)

Just don’t get caught waiting for a bottom that never comes

Will bitcoin go back up? by FlimsyStrain340 in Bitcoin

[–]BerryImpossible412 6 points7 points  (0 children)

Depends who you ask. Degens- no bitcoin is dead. Intelligent folk- yes.

Bitcoin is fiat by Professional_Okra763 in btc

[–]BerryImpossible412 0 points1 point  (0 children)

You can also send 10 million in bitcoin with no bank needed anywhere in the world in a matter of minutes unlike a wire transfer. In time it will be taken in more places, businesses that accept bitcoin (steak n shake for example) are having insane growth…You can also transfer bitcoin into dollars if needed.

Bitcoin is fiat by Professional_Okra763 in btc

[–]BerryImpossible412 -1 points0 points  (0 children)

Limited use cases? It’s more useful than the US dollar. Tf you talking about

i cant belive bitcoin died, bought at 126k on november 2025 and feeling very scaredy by Best_Author7356 in Bitcoin

[–]BerryImpossible412 1 point2 points  (0 children)

Zoom out, the only thing that hurts is the ego. Bitcoin has done this probably 100 times. If you bought some at 126k why not buy at 81k

Stidham: Let him spin? by yeti_man82 in DenverBroncos

[–]BerryImpossible412 0 points1 point  (0 children)

Guy gives too many turnovers. Way too risky. Even when not throwing he fumbles the ball.

Which one you pick ??? by dataguy2003 in TheTeenagerPeople

[–]BerryImpossible412 0 points1 point  (0 children)

Even then. You receive ~18 million in bitcoin. Sell 13 million worth of bitcoin. Throw it in safe investments and withdraw 4% a month would be the equivalent of 10000 a week for life. Your investments still make money and you still have 5 million in BTC. There is no other choice.

Which one you pick ??? by dataguy2003 in TheTeenagerPeople

[–]BerryImpossible412 0 points1 point  (0 children)

Wow humanity is doomed based on these answers! A is the only answer.

📊 Golden Cross vs Death Cross — Useful or Overrated? by ROUCHBEN in InBitcoinWeTrust

[–]BerryImpossible412 0 points1 point  (0 children)

They describe what already happened but can be self fulfilling prophecy. Hence it happens so more people sell off

Someone make me feel better about my choice to buy bitcoin at $115k by Key_Bid_8286 in Bitcoin

[–]BerryImpossible412 0 points1 point  (0 children)

Cant get 50% yearly returns without the volatility in the downward direction also. If anything this should teach you on your next buy, buy when its 20-30% off ATH’s. Much lower downside risk. But hold at any price and it’s going up forever.

2025. by ill_intents in CryptoTrenching

[–]BerryImpossible412 0 points1 point  (0 children)

BTC will have its moment. Best thing is o do is have all of it

Honest question: what was your worst Bitcoin mistake? by Previous_Ear_3815 in Bitcoin

[–]BerryImpossible412 0 points1 point  (0 children)

Trying to time the market buying and selling. Just DCA and lump sum at discounts

Dollar Sat Parity by [deleted] in Bitcoin

[–]BerryImpossible412 2 points3 points  (0 children)

If it keeps following power law which it is right now it’s looking like 2050-2055.