haven't read details about the convertible notes deal but your answers sound plausible.

another way of look at this is he is collecting people's paper fiat trash to give them paper shares that entitle buyers to half as much pristine global apex asset vs buying the asset directly. not a knock on him, i'd do the same, i'm just confused by the phenomenon

There are tons of debt funds that can’t invest in equities or BTC directly but want exposure to BTC, and Saylor has found a way to tap into that. Ahead of the curve, again.

Fair point.

How newb are you to be thinking about a "sell wall" at $100k. SMH

not breaking through that until late December

Polymarket 70% in November https://polymarket.com/event/will-bi...=1732426328915

no nut November, its a thing. I predict December 18th.

And then chaos crypto theory in January.

NOPE. want some bitcoin maxi analsuss. first rule of being an emperor. Never admit you're too dastardly fast for your own good.

Ok back to something sensible. When will btw hit 100k?

This is only my opinion, but you did ask.

Firstly, I'd drop the other global index fund and just stick with S&P 500. The global fund is going to have a bunch of extra exposure that is not necessary and won't perform as well. The S&P 500 has enough exposure globally as it is.

I'd drop ASTS completely. Company is losing money and piling on lots of debt. I don't really know that much about that specific company, but I don't think that you do either. I could be wrong, but I'm probably not. I think you are going to save yourself money in the long run by not individually picking stocks.

I would also forgo microstrategy and just get bitcoin yourself. Your reasoning for getting microstrategy over bitcoin is because it feels scary to own is not a good one. I'd rather learn the proper way to hold bitcoin or even spend some money really making sure my bitcoin is safe rather than fork it over to some company that isn't necessarily tied to the value of bitcoin itself. The risk of spending a bit of money or time to properly safeguard your bitcoin is better than the risk of microstrategy doing some weird bureaucratic thing that you don't know about. The thing about investing in individual stocks is that you don't know what you don't know. I do understand the fears/risks of owning Bitcoin yourself, but if that risk gets too high, then you can just pile some of that money into other investments instead, such as the S&P 500.

What I personally have, is money mostly invested in S&P 500, BTC, and my gambling bankroll is in a money market account. I used to own individual stocks, especially when initially getting into investing, but I eventually learned that I sucked at it and just stuck with S&P 500. Individual stocks you somewhat have to babysit a bit whereas S&P 500 you really don't.


I think the SOL hype is just hype. It is not gonna usurp ETH. Both will probably fade over time, but I'd put my money on ETH over SOL. The better option is to just get BTC and ignore the other alts. Alts can be fun though, but it is pretty much gambling. I do happen to own both ETH and DOGE. I have an exit strategy on ETH, because I don't think it is a long term thing. The DOGE is a small amount that I consider a fun gamble.

I was able to successfully sell a portion of BTC at $93,000. Not a lot, but it was pleasant for me. I know yall like to HODL and what not. I do too, but you also can't take your bitcoins with you when you die. There is also the chance that I can grab more if it drops, but if it goes to $186,000 and I can sell a bit more, that's fine as well. I think it is good to have a plan ahead of time so you don't accidently make an emotional decision that can be costly.

Why would you sell? Need cash? Just borrow.
So much tailwind. MSTR strat is being copied. Printers are turning on etc…..

Mind sharing your ETH exit strategy think starting to scale out round .07 vs BTC isn't a bad idea?

Chain activity is the marker of a protocols health and profitability...

SOL has > activity of nearly all layer 1 protocols, combined... including Etherum.

Sol had its run from 1.50 up (I got in at 1.50 btw with near).

Sui looks like this seasons Sol, I think Sui will flip Sol in market cap. But your right, follow the activity.

Stop discussing ****coins in the Bitcoin thread.

SUI may outperform but SOL has a better chance to flip ETH than SUI flipping SOL.

Solana ecosystem over 38% of the global traffic.


https://beincrypto.com/wp-content/up...%AFAM.png.webp

bitcoin; 100k when?

Dec 17

1/9 would be poetic. But that’s too far away.

when we break 100K, what we rocketing up to in a 7 day period? 130K? 120K? 110k?

Then back to 70k in January, and eth to 10K? talk to me goose.

How do y'all feel about a 4year investment cycle in bitcoin? Presidential inauguration, 9 months of sell networth and put it into BTC. Then 3 years of balling out of control. sell net worth and possessions, rinse repeat.

Maybe travel every 9 months after America inauguration???? It doesn't make sense to own property right now unless there's a blackswan. but you can't predict those so f it. I'm putting property up for sale I think

Cool. Good luck.

Nov. 30. After a post-Thanksgiving bump. And because Dec. 1 is my birthday and official retirement day.

I am calling first week of Dec... second week at the latest.

I am calling sats stacked sub-100k.

Thanks for your response.

I think I am about ready to buy my first amount of bitcoin, What I have done so far:

Ordered a block steam jade.

Ordered metal plates for seed phrase.

Opened kraken account and made first deposit of £50.

My plan is to buy the bitcoin on kraken and then send a small initial amount to the jade, to make sure I am doing it correctly, before buying and sending the 20k. I will then split my seed phrase into two parts and store safely at two different locations, on metal plates.

I wanted to check what I am doing is correct and that I am not going to make any stupid blunders.

Am I correct in thinking that I can send directly from kraken pro to the jade?

Is buying on kraken pro and sending to the jade quite reasonable in terms of the fees involved for my 20k?

I believe on kraken pro I will be paying a 0.2% taker and 0.35% taker fee on my transaction?

Am I correct in thinking my jade will create an address for me for receiving the bitcoin?

The jade will then hold my private keys and be able to use them in future transactions?

My coins will be safe unless someone gained access to my seed phrase or my jade and the pin for the jade?

I will create a pin for my jade at random offline using a drawing of lots system (picking random numbers out of a hat) and my jade will reset if the incorrect pin is entered 3 times?

Apologies for all of the questions. I am sure I know the answers the most of the questions already, but really wanted to triple check, as 20K is a lot of money to me. So I just want to triple check everything and be as careful as possible.

I really appreciate any help, thanks in advance!

Hype and community make a coin or token successful. SOL has a 38% share of all traffic. SOL is fast and cheap. Over 50,000 SOL MEME coins are created each day on pump.fun. There may be SOL ETFs. The Phantom APP (SOL) is the second most popular utilities APP behind Google. https://cointelegraph.com/news/phant...pp-store-apple