overview for UniversalMonk

Speculators have decided that it's an investment, which changed all the dynamics. I still use it for it's original purpose, but I think Nano is far superior (and faster) alternative for it when using it for transactions. I love Nano, but not as an investment.

I mostly just speculate with BTC now, and I profit from it. But like you said, it's very much gambling now. So I never invest more than I can afford to lose. It's def more fun watching the market swings this way.

I actually use BTC profits to fly to Vegas with my gf. But I don't gamble there, I just like hanging out there and acting like a big roller for a few weeks here and there, and seeing the vibe. We have friends there, so we don't have to rent a hotel or anything.

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Bitcoin and Dogecoin Dive, Solana Hits 13-Month Low as Trump Tariffs Shake Markets (decrypt.co)

submitted 21 hours ago by [email protected] to c/[email protected]

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Bitcoin and Dogecoin Dive, Solana Hits 13-Month Low as Trump Tariffs Shake Markets (decrypt.co)

submitted 21 hours ago by [email protected] to c/[email protected]

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Alleged Tech Spy Says He Was Paid in Ethereum to Snoop for Rival Firm (decrypt.co)

submitted 22 hours ago by [email protected] to c/[email protected]

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Alleged Tech Spy Says He Was Paid in Ethereum to Snoop for Rival Firm (decrypt.co)

submitted 22 hours ago by [email protected] to c/[email protected]

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Europol Seizes $26 Million in Crypto From 9 Drug Traffickers (decrypt.co)

submitted 22 hours ago by [email protected] to c/[email protected]

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‘Flood The Market’—‘Major’ Fed Flip Predicted To Blow Up The Bitcoin Price (www.forbes.com)

submitted 22 hours ago by [email protected] to c/[email protected]

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‘Flood The Market’—‘Major’ Fed Flip Predicted To Blow Up The Bitcoin Price (www.forbes.com)

submitted 22 hours ago by [email protected] to c/[email protected]

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I still like Bitcoin, even tho Lemmy calls it a scam. (sh.itjust.works)

submitted 22 hours ago* (last edited 22 hours ago) by [email protected] to c/[email protected]

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For the record, I retired early at 55 years old, and part of the reason I could, is because of my past luck with bitcoin. I was also smart with my money, stayed debt-free, etc, but bitcoin helped a LOT. So I'm very biased, and this is just my personal opinion. Do not take anything I say as advice! YMMV

Also, crypto IS gambling, so only buy as much as you can afford to lose.

With everything going on in the world right now like bank drama, inflation running wild, global uncertainty, it’s honestly kind of wild that bitcoin is holding up as well as it is. A lot of assets would've dropped off a cliff by now. But bitcoin’s just... sitting there. Doing its thing. That says something.

One of the biggest reasons is that bitcoin isn’t like everything else. It’s got a hard supply cap. There’ll never be more than 21 million of them. That’s a huge deal in a time when governments can print money like it’s nothing. Bitcoin doesn’t play by those rules. It’s simple supply and demand, and when demand spikes, there’s no printing press to bail anybody out.

People like to argue that it’s too volatile, but honestly, that’s just part of how this asset works. It’s newer. It’s still growing. And yet even with all the fear and chaos out there, it hasn’t tanked the way you'd expect a “risky” asset to. If anything, it’s been weirdly steady. You’ve got big institutions quietly buying in now; the same ones that used to trash talk it.

Sure, it might still swing up and down. That’s part of the ride. But every time bitcoin’s written off, it comes back stronger. And lately, it’s been doing a better job holding its value than some so-called “safe” assets. That’s not luck, that’s evolution. It’s maturing in real time.

Nobody’s saying go all-in or bet your retirement on it. But at this point, pretending it doesn’t matter? That’s getting harder to justify. If the last few years have shown anything, it’s that bitcoin was built for moments like this. And so far, it’s proving itself.

Liberation Day wipes $140 billion from crypto market within hours in c/[email protected]

[–] [email protected] 3 points 22 hours ago

Sure, but that logic applies to literally every market. Stocks, real estate, collectibles—none of it has 'real' value until someone buys or sells. Price is just the number buyers and sellers agree on at any given moment. So yeah, if Bitcoin’s value is 'fantasy,' then so is your 401(k) until you cash out.

Welcome to how markets work, friend.

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Dojima and Linera Power Web3 With Seamless Cross-Chain Apps (www.cryptotimes.io)

submitted 23 hours ago by [email protected] to c/[email protected]

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Liberation Day wipes $140 billion from crypto market within hours in c/[email protected]

[–] [email protected] 1 points 23 hours ago (2 children)

tldr; On April 2, the cryptocurrency market experienced a sharp decline following President Trump's Liberation Day reciprocal tariff announcement. Bitcoin briefly surged above $87,000 before dropping to $83,662, while the total crypto market capitalization fell from $2.77 trillion to $2.61 trillion within hours, erasing $160 billion. A slight recovery brought the loss to $140 billion by April 3. The event highlights the market's vulnerability to external shocks and its increasing correlation with stocks, contrasting with gold's performance as a safe haven.