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According to Korea Economic TV, the Bank of Korea (BOK) stated that it has never considered including Bitcoin in its foreign exchange reserves and believes a cautious approach is necessary. BOK pointed out that Bitcoin’s price is highly volatile, and in times of market…

When you lose 50% on trade, you now need to make 100% to break even When you make 100% on a trade and take a 50% loss, you are back to break even This is why whales can't afford to lose the game, and why they will NEVER allow themselves to

A recent Reddit discussion in r/bitcoin delved into the hypothetical scenario of bitcoin (BTC) reaching $1 million, sparking debates about selling strategies, inflation, and the cryptocurrency’s future role. While responses varied, a clear consensus emerged: most users prioritize long-term holding over cashing out, though tactical sales for specific needs or retirement were common themes. Source: r/bitcoin post on March 16, 2025. Timing and inflation were critical factors. One user noted, “If [Bitcoin] reaches $1 million tomorrow, I would surely sell some. If it reaches that in 15 years … I probably would not,” emphasizing the declining purchasing power of fiat over time. Others warned against converting bitcoin to dollars, calling it a “melting ice cube” compared to bitcoin’s hard money status. “Why would you trade $2 [million] of sound money for $2 [million] of fiat sh** money?” another asked. Source: r/bitcoin post on March 16, 2025. Retirement planning drove pragmatic approaches. Several users vowed to sell portions to secure financial independence, with one stating, “I’ll sell when I need to … not a moment before.” Others advocated borrowing against bitcoin instead of selling, citing future yield opportunities: “It’s forever capital, not a trade.” Speculation about bitcoin’s adoption by mainstream institutions and governments also influenced opinions. Many predicted that by $1 million, bitcoin would be a global reserve currency, enabling direct purchases of homes or services without the need to convert to fiat. “No Neo, when you’re ready, you won’t have to,” one user remarked leveraging the Matrix movie analogy in anticipation of broader utility. Strategies like dollar-cost averaging and partial sales were popular. “I sell 50% of my stack every time it’s worth $100k,” shared a trader, while others vowed never to sell entirely: “NEVER selling my bitcoin … my grandchildren can sell if they want.” The r/bitcoin thread highlighted a community balancing realism with idealism, alongside some wild speculation. While some admitted selling for immediate needs, the majority of more than 75 responses leaned toward holding, driven by distrust in fiat and belief in bitcoin’s transformative potential. As one user succinctly put it: “You don’t sell. You wait until it’s the primary currency.” 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。

Never let a winning trade go to your head, or a losing trade to your heart.

An arrest warrant has been issued for Kevin Segal, a self-proclaimed “Bitcoin billionaire” who allegedly failed to appear for a court hearing after a friend posted his $50,000 bond. Prosecutors accuse Segal of swindling Wyoming businesses out of more than $212,000. The 30-year-old California resident faces up to 141 years in prison if convicted. According to a report by The Daily Mail , Segal posed as a wealthy businessman attempting to purchase millions in real estate in the Jackson Hole area while leaving a trail of unpaid bills at luxury resorts and businesses. Judge Bill Simpson issued a bench warrant across all 50 states after Segal skipped his Wednesday court appearance and allegedly failed to surrender his passport as ordered. Jason Irvine, who posted Segal’s bond, told Cowboy State Daily he maxed out three credit cards to help what he believed was a friend in need. Irvine claims Segal had promised him “a large Bitcoin payout that equated to half a million dollars” in exchange for posting the bond but disappeared after being released from jail on Feb. 14. “He explained the situation and was basically denying all the charges written in the newspaper,” Irvine said. “[He] said it was libel and slander; and he didn’t intend to defraud anybody. He was locked up in jail, and [said] that’s why he couldn’t pay anybody off.” After feeling betrayed, Irvine sent Segal a text message: “You screwed me over, and now I really don’t believe anything you say anymore. Irvine is now considering bankruptcy due to the financial damage. Investigators discovered a pattern of fraudulent activities throughout Wyoming. Segal reportedly stayed at the luxurious Amangani resort with his mother and a friend, allegedly leaving a $2,725.76 bill unpaid. At Spring Creek Ranch, three cards he used for bills totaling over $22,000 were reported to be fraudulent. It was also reported that he left the Mangy Moose Saloon with an unpaid $3,055.28 tab. The alleged scams extended to individuals as well. Prosecutors say Segal hired a man to purchase a DJI drone in Colorado with a promise of reimbursement, then wrote a check for $3,281.46 that failed to clear. In another instance, he sent a delivery man to drive a Dodge back to Los Angeles, promising to pay for return flights that were allegedly never purchased. The men were stranded and forced to buy their own tickets home, with Segal later sending a fake wire transfer screenshot to cover their $3,101 in expenses. This isn’t Segal’s first legal trouble. Court documents obtained by the Daily Mail show he previously faced a civil lawsuit claiming he falsely claimed to have stocks exceeding $340 million and a successful company to lease a Los Angeles property. If caught, Segal will face a substantially increased bond of $750,000 cash-only.