Jan 14: ~$97,000

Jan 28: ~$89,000

Feb 2: ~$79,000

Feb 4: ~$71,000

(http://www.autoadmit.com/thread.php?thread_id=5831141&forum_id=2"#49647677)

CR we've never seen a BTC price retracement like this before in the history of crypto, this is truly unique -- it's over.

*blank stare*

(http://www.autoadmit.com/thread.php?thread_id=5831141&forum_id=2"#49647811)

https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/

(http://www.autoadmit.com/thread.php?thread_id=5831141&forum_id=2"#49647767)

Holy shit are you actually watching a crypto crash happen in real time and smugly claiming victory 12 hours later because "it's gone down even further" within that 12 hours span?

This is crypto, retard. Those of us who have been in this game for 10+ years have watched BTC fall ~80%+ on multiple occasions and stay down for months (sometimes even years) at a time. None of this is even mildly surprising... "OMG BTC is crashing" yes no shit, it does that on a regular basis and always has for its entire existence. The sun is also probably going to rise again tomorrow, IMO. Wow, that's amazing! I am truly stunned and surprised!

Here's the only point that matters to a long term speculative crypto investor: Can you identify a *single* time so far when BTC has suffered a major crash like this and didn't go on to eventually rise up again and hit a brand new ATH?

No? That's literally never happened even once before in the entire history of BTC? So far, longterm BTC HODLers have always been rewarded every single cycle for holding BTC through big crashes rather than panic selling when it goes down?

Then shut the fuck up and stop acting like you've somehow "won" an internet debate about the longterm speculative investment value of BTC just because it currently happens to be in the process of crashing yet again, you stupid faggot.

JFC you people are truly idiots. "Uh it's been 12 hours and BTC has gone down even further since we last spoke, please respond -- not looking good now, huh cointards?! I bet you're shocked and appalled by this turn of events... will you now finally admit this was all a scam and it's heading to zero?!"

(http://www.autoadmit.com/thread.php?thread_id=5831141&forum_id=2"#49650271)

I’d wait for it to get back up to $100k before it’s safe to buy again

(http://www.autoadmit.com/thread.php?thread_id=5831141&forum_id=2"#49647772)

Counterpoint: If I just continue to hold for now and sell in the future when BTC hits $250k or whatever, then I'll have ~$190k more per coin at that point. That seems like a much better deal, IMO.

(In b4 "Except BTC will never hit $250k in the future, trust me, I know these things, and my track record for predicting crypto prices is excellent [no receipts provided] -- that's why I've made generational wealth investing in this asset class over the last decade just like you have" LJL)

(http://www.autoadmit.com/thread.php?thread_id=5831141&forum_id=2"#49650269)

"The fact that coinmos are so chill in these threads as their net worth crashes 10% a day is odd."

Yeah fair point, it's not like crashes which are proportionally far worse than this one have happened in crypto literally like a dozen different times in the last decade alone, and each and every time so far BTC has recovered and gone on to hit new ATHs again... what's happening right now is totally unprecedented and we should all be freaking out and assuming that this is it, BTC is probably going to go down and stay down forever now. Makes sense IMO.

"Even if you thought there was real value in crypto (LOL) you should just sell and rebuy in a few weeks."

Really? Is that "true" even if my cost basis on my BTC stack is still far below the current price and I already have a long term tax rate locked in on all of it? You sure about that? Wanna ask ChatGPT what it thinks of your brilliant advice?

Really excellent points here though -- thanks for these brilliant contributions, I love it when self-impressed midwit retards who actually have no skin in the game either way (and thus haven't made generational wealth like I have through my investment strategy in this very asset class) step up and start smugly lecture me about what I "should" do if I was "smart." Hey, you know what I think you "should" do if you were "smart"? I think you should choose to ignore what loud retards say on the internet and instead make generational wealth by shrewdly investing in crypto. But that's just my opinion. ;)

(http://www.autoadmit.com/thread.php?thread_id=5831141&forum_id=2"#49650265)

edit, maybe we will hear about a bunch of whales that got margined the fuck out and liquidated. even trump had to sell today.

(http://www.autoadmit.com/thread.php?thread_id=5831141&forum_id=2"#49650270)

Literally none of this is "interesting" or (on a long term timescale) "matters" in any meaningful way. I'm barely even paying attention to any of this and I'm certainly not losing any sleep over it, because this crash is just more of the same and frankly in terms of proportionate losses so far it's still far from being the "worst" crypto has ever experienced. I wasn't tempted to sell any of my BTC at $125k, so who the fuck cares what price trajectory it takes between now and when it inevitably hits $1,000,000 at some point in the future and I finally start considering selling some of it? The only mildly interesting part would be if it crashed low enough that I was actually tempted to load up on more (which is possible but very unlikely) -- and we're still far away from retracing to my current cost basis in BTC, so I'm not particularly tempted to do that either right now, either.

The only remarkable thing is that somehow we're still having this discussion in 2026. "No, trust me, this time [10th time or whatever] is TRULY different [let's pretend I didn't say the exact same thing the previous 9 times and then end up getting blown the fuck out]... trust me, I know these things [even though I've literally been proven definitively wrong on every other prior occasion when this happened and my only excuse now is 'well that was different for reasons so that doesn't count' even though that has literally been my only excuse every other time, as well]."

Many people are truly fucking retarded and incapable of experiencing even a tiny amount of self-reflection.

(http://www.autoadmit.com/thread.php?thread_id=5831141&forum_id=2"#49650272)

- BTC is either going to continue to rise on a long time scale and eventually hit $1,000,000+ at some point in the future (by which I mean while we're likely to be alive and able to benefit from holding it as an asset), or that won't happen. That's ultimately a binary "yes" or "no" proposition, and we will live to definitively find out who was objectively correct and who was objectively incorrect in making that prediction.

- If you think it will probably happen and you don't already hold lots of BTC, now is a great time to buy. So is $40k, if it drops that low. So is $80k, if you wait and it recovers to some degree before you pull the trigger. You bag a longterm 10x+ return at all of those price levels, which is objectively a fantastic outcome for any speculative asset. The only real "lose" scenario in that timeline is not buying BTC at any of those prices because you kept vacillating on the margins. (If I had a dime for everyone I know who vacillated themselves into not buying BTC in 2015 because "what if it goes back down to $80..." or in 2018 because "well it might crash back down to $8k..." or whatever, and ended up never buying any BTC at any price as a result of being unable to just shut the fuck up and pull the trigger, I would be even richer from that pile than I am from the BTC I pulled the trigger on back in the day.)

- If you think it probably won't happen, then IMO you shouldn't buy BTC period at any of those prices. Just stay out of this game entirely and invest your cash in other assets that you have more confidence in. That's totally fine and I don't judge anyone for making that call, even if I think they're very wrong and shortsighted in their underlying assessment of the ultimate speculative investment value of BTC.

- I'm obviously in the first camp, and the only reason I'm not currently "buying the dip" is because I got in so early that I would send by cost basis skyrocketing if I bought right now, plus my stack is already big enough that adding more incremental BTC at the current price doesn't make sense from either an expected marginal return rate perspective or an overall risk spreading / diversification perspective vis-a-vis what I'm already holding. Which is why watching the 10th version of this exact same conversation that is now playing out yet again is incredibly boring to me and many other long term HODLers. "Oh wow, wait crypto is crashing? I was sure that would never happen again... and it's *still* down after a full *two weeks*? Holy shit, that's like an eternity! Cointards, will you finally admit your defeat?!" Yawn.

XOXO, HTH.

(http://www.autoadmit.com/thread.php?thread_id=5831141&forum_id=2"#49650278)

Literally zero percent of serious longterm knowledgeable BTC investors are holding BTC in 2026 because they think: "Gee, I believe that this 'Bitcoin' blockchain compares favorably with the various competitor blockchains that are out there on a purely technical level (i.e. transaction speeds, costs, user fees, etc.), and as a result, I think this 'Bitcoin' blockchain will probably represent the future highway infrastructure upon which world finance will eventually run for day-to-day business purposes."

(http://www.autoadmit.com/thread.php?thread_id=5831141&forum_id=2"#49650297)

Sure, and someday "houses" as we understand them today might be rendered irrelevant because we will simply exist and live in a totally different fashion. We might also do away with "the stonk market" as we currently understand it at some point. Those are both legitimate possibilities in the future.

Notwithstanding those possibilities, I would say that IMO continuing to invest in real estate and stonks remains a pretty solid bet for the foreseeable future.

(http://www.autoadmit.com/thread.php?thread_id=5831141&forum_id=2"#49650300)

New prediction, first day. Crypto is going to zero -- trust me, I know these things, and this time the current crash it totally different from all of the many previous crashes which ultimately led to new ATHs (seriously). New prediction. First day.

(http://www.autoadmit.com/thread.php?thread_id=5831141&forum_id=2"#49654801)

"Uh, just checked -- it's been almost a whole week and BTC is still going down. Pretty sure you predicted nothing like this would ever happen again, and we all remember that... are you finally ready to concede defeat, loser?"

Lmao Ari

(http://www.autoadmit.com/thread.php?thread_id=5831141&forum_id=2"#49667138)

Depends -- is there a chance you'll need to liquidate that BTC in the next few years? There's a chance you might be fucked.

Are you absolutely committed to holding it for 5-10 years? You're going to be just fine.

(http://www.autoadmit.com/thread.php?thread_id=5831141&forum_id=2"#49667279)