Bitcoins/Litecoins/Virtual Currencies

Arden · Oct 2, 2025

Dalren said:
I'm going to start scaling out some once we hit 145k+. Will HODL most bitcoin, but need to start capturing some gains.

I've had the same thought sometimes but always end up dismissing it.

Imo taking profit makes sense if:

1. You have a specific purpose for the profit you take- like a house down-payment .

2. If you think BTC is going to crash near term.

Neither apply to me, so I always just hold onto my BTC.

I mean, as far as investments go, where are you going to put any profit you take that's a better place than BTC?

Tmac · Oct 2, 2025

Arden said:
I've had the same thought sometimes but always end up dismissing it.

Imo taking profit makes sense if:

1. You have a specific purpose for the profit you take- like a house down-payment .

2. If you think BTC is going to crash near term.

Neither apply to me, so I always just hold onto my BTC.

I mean, as far as investments go, where are you going to put any profit you take that's a better place than BTC?

He probably means taking profits to reinvest in the next dip or something else that has a lot of room to run.

For example, I knew MSTR was at the top ~420 back in July. I even told some friends I should probably take my profits, but I didn't and have eaten a huge bag of opportunity cost. While MSTR has continued to drop, the indexes have mooned. My profits would have been better utilized elsewhere.

Now that MSTR is on an upswing (potentially) I would consider selling those indexes and putting it back into MSTR, had I taken profits.

Dalren · Oct 2, 2025

Tmac said:
He probably means taking profits to reinvest in the next dip or something else that has a lot of room to run.

For example, I knew MSTR was at the top ~420 back in July. I even told some friends I should probably take my profits, but I didn't and have eaten a huge bag of opportunity cost. While MSTR has continued to drop, the indexes have mooned. My profits would have been better utilized elsewhere.

Now that MSTR is on an upswing (potentially) I would consider selling those indexes and putting it back into MSTR, had I taken profits.

Yeah - I treat Crypto/Bitcoin no different than Stocks. Will build up my cash reserves with the proceeds and exercise some of my older Tesla LEAPS for one that are way up and turn those into shares.

Tuco · Oct 2, 2025

Arden · Friday at 2:43 AM

Dalren said:
Yeah - I treat Crypto/Bitcoin no different than Stocks. Will build up my cash reserves with the proceeds and exercise some of my older Tesla LEAPS for one that are way up and turn those into shares.

Fair enough. I guess I probably treat btc a little differently than I treat pretty much any other investment.

I have other crypto holdings im

going to take profit from, just not btc.

Haus · Saturday at 9:20 AM

Lambourne said:
Euro stablecoin incoming.

I'm going to admit I still sometimes chuckle and shake my head over the fact that we call something that's pegged to fiat currency a "stable"coin.

Now this one will be a Euro pegged stable coin run by.... the people who can mint more Euro at will.

Tmac · Saturday at 2:55 PM

Flobee · Saturday at 3:13 PM

Tmac said:

Have a modest chunk of my cash position sitting in STRC right now. Will report back here if I get rekt. Feels similar to the ICO or BlockFi stuff if I'm being honest but with wrapped with enough legitimacy that I'm willing to risk a bit of capital... At least during the bull. 10% IS very inticing

Sanrith Descartes · Saturday at 3:27 PM

Part of me is probably gonna regret taking a pass on crypto in any serious amounts. But then there is another part of me that is old enough to remember previous novel financial instruments like VIX ETNs. And that part of me is just waiting for the inevitable spectacular implosion.

Not wishing ill on any of y'all, I hope everyone does great. Wonder if I live long enough to see which part of me was right.

Tmac · Saturday at 3:35 PM

Sanrith Descartes said:
Part of me is probably gonna regret taking a pass on crypto in any serious amounts. But then there is another part of me that is old enough to remember previous novel financial instruments like VIX ETNs. And that part of me is just waiting for the inevitable spectacular implosion.

Not wishing ill on any of y'all, I hope everyone does great. Wonder if I live long enough to see which part of me was right.

You’re not betting on crypto on its own merits. You’re betting that the financial system finds a way to reinvent itself like it has twice before already.

Fiat is dying in real time and that’s the horse you want to bet on?

Sanrith Descartes · Saturday at 3:40 PM

Tmac said:
You’re not betting on crypto on its own merits. You’re betting that the financial system finds a way to reinvent itself like it has twice before already.

Fiat is dying in real time and that’s the horse you want to bet on?

Being old gives you a different perspective on things. The death of fiat has been trumpted for probably longer than you have been alive

Yet it still seems to be alive and kicking.

Tmac · Saturday at 3:59 PM

Sanrith Descartes said:
Being old gives you a different perspective on things. The death of fiat has been trumpted for probably longer than you have been alive Yet it still seems to be alive and kicking.

View attachment 604503

I’m not a doomer. Fundamentally, since getting off the gold standard, inflation has continued to eat away at the world’s (our) buying power. We’re now hitting hyper inflation status where even

Blazin has stated we’ll all be richer than we ever imagined, but can’t afford anything. So, the predictions were accurate on impact, but sorely off on how long it’d take.

How does a country pay off trillions of dollars of debt it obviously isn’t trying to pay off? They don’t. They do what they’ve done in the past and completely change the game. There’s just no gold standard to nuke this time.

There’s also the reality that financial instruments like Bitcoin are getting government support, which is what it’s taken in the past.

How do you think the government responds to the debt and inflation? In the past they’ve done it by changing the way money works. So, what’s your guess on how they do it this time? Sounds like you’re saying they’ll do nothing, which doesn’t seem like a reasonable position.

Flobee · Saturday at 4:08 PM

Small note to add. Every fiat currency in history has failed. 100% failure rate. USD is the most successful at keeping the charade going but no reason to believe this time is different. As for whether 'crypto' succeeds it or what is the timing? Well, I've made my bets but we can only wait and see

Arden · Sunday at 1:36 AM

Tmac said:
How do you think the government responds to the debt and inflation? In the past they’ve done it by changing the way money works. So, what’s your guess on how they do it this time? Sounds like you’re saying they’ll do nothing, which doesn’t seem like a reasonable position.

I actually agree with you, but tbf, "nothing" is exactly what they have been doing to this point.

But I agree, it isn't sustainable, and all the signs of a sea change are there.

Lambourne · Sunday at 2:57 AM

Haus said:
I'm going to admit I still sometimes chuckle and shake my head over the fact that we call something that's pegged to fiat currency a "stable"coin.

Now this one will be a Euro pegged stable coin run by.... the people who can mint more Euro at will.

Feature, not a bug. For governments trying to export their debt all over the world least. US pretty much forced their hand by supporting USDC/Tether.

Sanrith Descartes said:
Part of me is probably gonna regret taking a pass on crypto in any serious amounts. But then there is another part of me that is old enough to remember previous novel financial instruments like VIX ETNs. And that part of me is just waiting for the inevitable spectacular implosion.

Not wishing ill on any of y'all, I hope everyone does great. Wonder if I live long enough to see which part of me was right.

I get it, there's too many "unknown unknowns". I know a few converts that are all in on it, one actually retired at 40 off it. Still, I can't make myself do it. No investment advice manual ever says to put everything in one asset class. No outsized risk also means no outsized reward.

Kharzette · Sunday at 11:42 AM

Apecoin!?

Flobee · 2025-10-08T12:30:57-0400

If you've been paying attention you'll notice that even MSM is now talking about Gold/Bitcoin as the "debasement trade". Debasement is a mathematical certainty and US Stocks are not a safe haven in real terms, your hard asset folks have memed this into the public narrative. I would not suggest fading this as it seems to me there is a -real- possibility that we're going to experience further significant weakening of the dollar, as it is required, and only a handful of assets are going to truly benefit from that.

Possibly a handful of equities, but mostly Gold, Bitcoin, and I suspect foreign FX or equities but thats a massive crapshoot imo. Purely my opinion and speculation, but I don't think your "safe" SP500 position is going to do well in this environment. Bondholders will obviously be decimated.

Arden · 2025-10-08T12:44:52-0400

Flobee said:
If you've been paying attention you'll notice that even MSM is now talking about Gold/Bitcoin as the "debasement trade". Debasement is a mathematical certainty and US Stocks are not a safe haven in real terms, your hard asset folks have memed this into the public narrative. I would not suggest fading this as it seems to me there is a -real- possibility that we're going to experience further significant weakening of the dollar, as it is required, and only a handful of assets are going to truly benefit from that.

Possibly a handful of equities, but mostly Gold, Bitcoin, and I suspect foreign FX or equities but thats a massive crapshoot imo. Purely my opinion and speculation, but I don't think your "safe" SP500 position is going to do well in this environment. Bondholders will obviously be decimated.

I keep hearing rumors about things like "a US Gold backed 50y treasury bond."

Would also be curious as to why you think Mag 7 isn't a safe haven? Not saying I disagree- just curious about your logic.

Dalren · 2025-10-08T13:06:28-0400

Arden said:
I keep hearing rumors about things like "a US Gold backed 50y treasury bond."

Would also be curious as to why you think Mag 7 isn't a safe haven? Not saying I disagree- just curious about your logic.

I think the Mag 7 will be a safe place as well if the AI play pans out. Some newcomers may take a spot from someone as well or for something like a Mag8-10. The debasement trade is all well and good, but if the dollar is debased so much and we print our way out via inflation, gold and bitcoin skyrocketing, some of the equities will move up with it (Mag 7ish). If the AI play doesn't pan out, well we are all in for some painful times ahead when the bubble bursts.

In the scenario above I'd rather be positioned directly in the winning equities and not the broader S&P though for sure.

Just my thoughts.

Flobee · 2025-10-08T14:08:48-0400

Arden said:
I keep hearing rumors about things like "a US Gold backed 50y treasury bond."

Would also be curious as to why you think Mag 7 isn't a safe haven? Not saying I disagree- just curious about your logic.

Mag 7 probably the safest bet in US equities. If anything is likely to outpace debasement its them and as mentioned perhaps a few outliers. The SP500 though? I doubt it. Now don't get my wrong, whole market is going to RIP in USD terms, but in real terms I suspect it won't fare so well. In other words everyone holding it will think they're getting rich but they're definitely not

Bitcoins/Litecoins/Virtual Currencies

Blackwing Lair Raider

Adventurer

Trakanon Raider

I got Tuco'd!

Blackwing Lair Raider

I am Big Balls!

Adventurer

Vyemm Raider

Its all the Joos' fault. Am I doing this right?

Adventurer

Its all the Joos' fault. Am I doing this right?

Adventurer

Vyemm Raider

Blackwing Lair Raider

Bronze Baronet of the Realm

Watcher of Overs

Vyemm Raider

Blackwing Lair Raider

Trakanon Raider

Vyemm Raider