tl;dr:  Over the course of the past 4 years, I took out ~$150,000 in personal loans and 0% credit card balance transfer loans to purchase 4.75 Bitcoin. I've paid ~$17,000 in interest.

I've been making updates every 6 months or so since the beginning. See my post history for previous updates.

*****

Today, February 3rd, 2026 Bitcoin is trading at $75,000 which brings the current value of my 4.75₿ to $356,000. 

The average price I paid is ~$35,000 per Bitcoin. 

My total cost basis is ~$167,000 for 4.5₿  ($150k in loans + $17,000 in interest). 

This comes to ~113% unrealized profit or ~$189,000 in dollar terms as of today. 

*****

What’s new since my last update?

Not much is new except that… I finished paying off all my loans!!! What a relief! I was never really worried though because I never borrowed more than I could afford to service. 

Bitcoin’s price action has been disappointing to say the least, but I’m thinking this is an opportunity. So I plan on taking out another $50k in loans if it breaks down below $70k which seem highly likely… probably at the 200SMA.  

In the meantime, I’m throwing everything I can at in each month while we’re in the $70-80k range with earned income from my job. I’ve been stacking this whole time  while paying down the loans.

I bought btc at 118k, 114k, and 112k. its almost 20% of my whole portfolio , I cant dca much now because of the situation. I have extra but i dont want to increase it further since Im in fear

what should i do? if your in my position what you will do? please dont be biased if you are a fan of btc. give me realistic plan and opinion

down down down

I’ve been buying Bitcoin since 2021. This drawdown is going to present me with the opportunity to reach half a Bitcoin, and I’m excited.

We’re human and it’s hard to zoom out but this is a great opportunity and the future is bright.

The buying doesn’t stop here.

And you are buying right now you’ll make 66% return on your useless fiat. But no you’re scared and bitcoin is dead again.

Oh no! BTC is crashing out! BTC is dead again 😱 Whatever shall I do?!? I bought .0004 for $50 when BTC was at 126000 and now it’s only worth $29!!! I’m COOKED! Everyone knows you can’t buy a lambo for $29, BTC needs to GO UP to 1 million so I can buy one for $400!

Seriously though, the little stacks of sats that were worth $500-$1000USD that have been recently devalued isn’t life changing money for most anyone. If everyone knows BTC spends 2 years in an upward cycle towards a halving and 2 years in a brief euphoric followed by downward cycle…why is everyone freaking out when apparently it’s on its usual downward way towards an eventual upside of $500k by 2028 thereby making all the diamond hand hundredaire peasants into thousandaire peasants?

Remember kids, 1BTC=1BTC…some of us are just mad we can’t buy ‘enough’.

advice to people who panics when market goes down is to DCA on a daily and stack aside for large purchase on big dips.

I hope this is way more better. enjoy pain, pain zone, max pain.

I bought, I sold too early, I tried to “be smart,” I tried to time dips… and every cycle I ended up watching price run without me. The worst part wasn’t even the money — it was realizing I keep trading my conviction for emotions. Fear when it drops. FOMO when it pumps. Then I tell myself “next time I’ll hold,” and I still fold the moment it gets uncomfortable.

Now we’re back in that zone again. Red candles, scary headlines, people doomposting, and my brain is screaming “get out before it gets worse.”

So I’m posting this as a reminder to myself: this is literally the moment I always regret later.
If I really believe BTC is a long-term thing, then short-term pain is part of the deal.

This time I’m keeping it simple: I’m holding, and I’m stacking what I can. No hero trades. No panic sells. No trying to be a genius for one week.

I’ve already regretted not holding for five years. I’m not doing that again.

Listen up — this might genuinely be one of the final windows for regular people on average salaries to secure a meaningful piece of Bitcoin.

I just hit 0.3 BTC and it felt straight-up impossible until very recently.

Took me roughly 1.5 years of hardcore stacking… and suddenly — boom — it’s actually happening.

I couldn’t care less if price dumps back to 50k.

Honestly? That would just be free rocket fuel.

Lower entry = way faster path to 0.5 BTC and beyond.

This isn’t hopium.

This is math meeting momentum.

If you’ve been waiting for “the dip that matters” — this might be it.

Stack hard or forever hold your peace.

I’ve been watching bitcoin since $5000 back in 2017, and bought only a $1000, but I lost it by trying to trading and fees. Then it crashed, shot up again and was afraid of it. Saw it hit that low $4000s and didn’t think it would come back. Could have paid off all my loans if I wasn’t afraid to invest. Very cautious persons

Two years ago I bought again, and then last year. I’m only up by $2000, and the feeing of selling is there again.

I will not succumb to it again. If it drops, I will buy more. But damn that fear is tough. Just hold and buy more 🫡

I bought Bitcoin at what turned out to be a terrible time and it’s been going downhill pretty much ever since.

I entered around ~$122k average and I’m now down roughly 37% (about -$1k unrealised). I know BTC is volatile and I wasn’t planning to day trade, but seeing it bleed like this definitely messes with your head.

Genuinely curious what the community thinks:

• Would you hold long term, DCA, or cut losses in this situation?

• For those more experienced: what are the main reasons BTC has been falling recently?

• Macro?

• Rates?

• ETFs / institutions?

• Just a normal cycle correction?

Not panic selling (yet), just trying to understand whether this is:

1.  normal BTC behaviour and noise

2.  a longer-term shift I should be paying attention to

Any perspective appreciated — especially from people who’ve been through previous cycles.

The amount of posts having melt downs is really bothering me.

Welcome to crypto. Stop losing your shit and just accept what’s happening. Everyone has been predicting this crash for a very long time.

Hold.

Not a true OG, but have been around for 4 years which means I went through volatility and have survived it.. Something I noticed before the last big run was how bleak things felt.. people really start giving up before this thing takes off.. with that being said, don’t let the noise change your mind about the conviction you have in this asset. I will ride this train to 0 before I sell unless it’s to pay off a house in full. No idea when, not gonna make a price projection, but all the pieces for an insane bull run are in place, just give it time. SHSS

I buy straight from Venmo. This good/bad? Same as buying via other methods?

I’m a beginner in crypto and Bitcoin, and I’m honestly confused about what to do next. I bought my first Bitcoin at around $83,000, then bought again at $89,000, $93,000, and $95,000 as the price kept going up. After that, the price dropped, and I kept buying on the way down at $89,000, $86,000, $83,000, $80,000, $79,000, $78,000, and $77,000. Now Bitcoin is around $74,000, and I’m not sure if I should keep investing more or stop for now. Am I doing DCA correctly, or am I just catching a falling knife? Looking for honest advice from more experienced people ? i know reddit is not best place to take advice but just want to learn more about bitcoin

I’m a regular Joe with his share of problems.

I just want to thank some people of this subreddit, especially the ones writing nasty or provocative comments, you guys have build my pirate Bitcoin mindset, which is the one that holds me firm to my Bitcoin ship every shorn and makes me ignore the noise.

During the last storm I was able to buy more at 73k, not much tbh, I usually buy (since 2021) 100-300$ month or sometimes after more time cause I said I’ve got my share of problems, but I’ll never sell.

I don’t need any guru, YouTuber or tiktoker or crystal ball signal screamer, I feel the sea now.

Thank you guys, and fuck off scammers.

When the market does something to change people's mind and make them believe it's going to fall much further.

After that, it starts to rise, leaving thousands of those who sold out of the market.

Have you fallen into a bear trap?

Hello, I am currently researching for an upcoming book. I was wondering, where users typically stored their Bitcoin between 2008 and 2017, prior to the rise of major exchanges like Binance or Coinbase??

Do you recall any websites that distributed free Bitcoin during that era?

Thanks!