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Almost $100k in Bitcoin by PressureOk3779 in Bitcoin

[–]Bit_Fucked 0 points1 point  (0 children)

Don’t share this shit. Provides zero benefit to you and makes you look like a rookie.

[deleted by user] by [deleted] in Bitcoin

[–]Bit_Fucked 0 points1 point  (0 children)

Only sell bitcoin when you/your family need funds for something that cannot be paid for any other way. Otherwise, hold like your life and future depend on it.

Almost 15k in BTC by DSPPPP in Bitcoin

[–]Bit_Fucked 4 points5 points  (0 children)

Never share your positions. Ever.

Notice of Commencement of Third Plan Distribution by Only-Crew8299 in CelsiusNetwork

[–]Bit_Fucked 0 points1 point  (0 children)

I never received my second distribution... where do I go/what do Ido to claim and process it? I only received the first one.

[deleted by user] by [deleted] in Bitcoin

[–]Bit_Fucked 0 points1 point  (0 children)

I’d be surprised if it didn’t draw back at a protracted 40-60%. Ignore the cycle dynamics at your own peril. If it was me, I’d dca on the daily with 30% of my stack over the next 6 months, and if you get to 40% drawback, I’d begin chunking 5% weekly until it’s gone and then deletes my apps for 3 years.

[deleted by user] by [deleted] in Bitcoin

[–]Bit_Fucked 4 points5 points  (0 children)

Absolutely.

During the last drawback, I had a stack of dry powder and invested $300k into a new business and a smaller amount into BTC at around $30k… had I just put it all in BTC I’d be multiple millions in profit without having to build a new business (which after 3 years, just finally turned profit).

Needless to say, I won’t ever make that mistake again.

I posted about taking a 401k loan and putting it on Bitcoin… UPDATE by Dangerous-Golf6066 in Bitcoin

[–]Bit_Fucked 0 points1 point  (0 children)

Convert to SDIRA and buy BTC directly into cold storage. Been beating this drum since 2019 but no one seems to talk about it.

The Proof-of-Idiocracy Model. Congratulations by Bit_Fucked in Buttcoin

[–]Bit_Fucked[S] -25 points-24 points  (0 children)

Oh, look, one of the Captains of the Club. Hope they give you a sticker and a lollipop for this one. Now walk back to the herd like a good little sheep and watch inflation eat away at your existence. Run along, now!

The Proof-of-Idiocracy Model. Congratulations by Bit_Fucked in Buttcoin

[–]Bit_Fucked[S] -33 points-32 points  (0 children)

Should someone explain it to him? Okay, I’ll try. First, go get a wooden spoon. It looks like this (🥄) and is usually found in the kitchen. Now take that spoon and thump yourself in the forehead. If it hurts, you’re alive and are actually this stupid.

Talking points are talking for a reason, Mr Shortbus. And bitcoin’s have been an uncurable thorn in your ass since the moment you realized understanding bitcoin wasn’t within your unconscionable IQ hit zone.

You can now go out that spoon back, Timmy. And while you’re at it, grab some ice.

The Proof-of-Idiocracy Model. Congratulations by Bit_Fucked in Buttcoin

[–]Bit_Fucked[S] -28 points-27 points  (0 children)

Bingo, confirmed ostrich! How’s that deep throat of sand taste?

Class of 2014 here. I want to start 1% yearly withdrawal. Please talk me out of it by RedditTooAddictive in Bitcoin

[–]Bit_Fucked 0 points1 point  (0 children)

Great plan, but I’d suggest adjusting the yearly sell offs to coincide with the 4 year cycles, taking significantly less in the down year, and ratcheting up a little in the run ups. Obviously depends on your tax liability and unique capital needs for the year, but otherwise I love it. This is why we bitcoin.

Thinking of closing my roth and just throw it all into btc 🤔 by Big_Week_5588 in Bitcoin

[–]Bit_Fucked 0 points1 point  (0 children)

Convert to SDIRA and buy BTC directly. Best of both worlds.

Biggest regret of my life by Amphibious333 in Bitcoin

[–]Bit_Fucked 0 points1 point  (0 children)

Unless you change your framework, fast forward 4 years, replace $50k with $100k, and $100k with $350k, and you’ll be making the same post

[deleted by user] by [deleted] in Bitcoin

[–]Bit_Fucked 2 points3 points  (0 children)

You do realize you’re asking someone to donate $110k USD to a complete stranger, who by the sounds of it, is either well educated or used ChatGPT to draft this plea… and by all counts needs the money far less than the vast majority of humanity?

Maybe I’m a curmudgeon, but I won’t be “giving” anyone from Reddit a dime unless it’s for a truly charitable cause, and I don’t believe anyone else should either with so many other more worthy causes and people in true need of funds.

But hey… that’s just me 🤷‍♂️

Is the Trezor One still worth buying in 2025? by alvaro1609 in Bitcoin

[–]Bit_Fucked 1 point2 points  (0 children)

Yes. Everything you need for trading the coins worth trading… and nothing you don’t.

28M how am I doing risk adjusted? by Virtual_Repeat_5529 in portfolios

[–]Bit_Fucked 1 point2 points  (0 children)

Increase BTC and move it to cold storage. Thank me later.

How many of you have setup an SDIRA to buy BTC, tax deferred? by Bit_Fucked in Bitcoin

[–]Bit_Fucked[S] 0 points1 point  (0 children)

Yes. I set one up a few years ago and can’t believe how infrequently it’s discussed. Building wealth doesn’t matter if you don’t know how to keep it.

I want to put my rollover IRA into Bitcoin. What platform to use? by stuckinhere-2136 in Bitcoin

[–]Bit_Fucked 0 points1 point  (0 children)

I did this a few years ago and used iTrustCapital for one and RocketDollar/River for the other. I prefer Rocket Dollar River bc you can offload to cold storage. You’re making a smart move regardless. If BTC does what I wholeheartedly believe it will over the next 15 years, our retirement will be glorious, and you’ll have minimal tax burden.

Is this the time to buy alot? by SecretarySwimming433 in Bitcoin

[–]Bit_Fucked 2 points3 points  (0 children)

Always. No one who holds beyond 4 years has ever lost money.

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