I did not say beg, force, sales pitch, etc. I just said convince the masses that 1 to 5% of existing savings can help all of us. I also fixed the scribd link.

https://www.scribd.com/document/923855261/A-Realistic-Estimate-of-Canadian-TFSA-Capital-Entering-the-Bitcoin-Market

https://en.wikipedia.org/wiki/Tax-free_savings_account

TFSAs are not tax deferred retirement accounts. They are tax free income accounts. Original funds in are taxable, but income while in the accounts are not. Each Canadian has a total TFSA limit of over $100,000 that increases by $7,000 each year. My TFSAs total over $100,000 right now, all in yield crypto ETFs. My RRSPs, which are 'tax deferred' retirement funds total another $100,000+ in 'Purpose Bitcoin Yield ETF - CAD ETF Non-cur Hedged'. Both ETFs use 'covered call' orders on the futures market to produce over 11% yield/dividend each year. It pays monthly and I total close to $2,000 each month in payouts to both accounts , tax free.

At the end of 2025, I will move about $40,000 from my TFSA to RRSP. This will lower my net taxable income by $40,000. On Jan 01/2026 it will had that $40,000 back to my eligible limit in TFSAs plus the $7,000 top up for 2026. "If an account-holder withdraws funds from a TFSA, his or her contribution room is increased by that amount on January 1 after the withdrawal."

I also had the same AI create a white paper on using TFSA, RRSP, etc for regular fiat transactions. If/when adopted, it would cause an input/output flow of ETF coin on paydays and month end rent/mortgage/car payments. People would learn to adjust their payments to the monthly flows.

https://www.scribd.com/document/875528422/New-bitcoin-transaction-system

I asked an AI to do the math on moving only 1 to 5% of Canadian tax free accounts to bitcoin.

It is very conservative, but would still shake up the market. See if you can get AI conservative estimates from your own countries. Share the outputs in this thread and come up with ideas to convince the masses to trust bitcoin with 1 to 5% of their savings.

AI output:
https://www.scribd.com/document/923855261/A-Realistic-Estimate-of-Canadian-TFSA-Capital-Entering-the-Bitcoin-Market

Thank you for clarifying about the perps long. I may throw $4,000 at bitcoin perps long, as soon as the XRP that I bought gets back to the $4k I paid.

As an update to my leveraged accounts:

The 20:1 has 43 x 0.01 longs from 122557 down to 114373. AI can read my .htm account statement, and calculates that at ~350% margin, $3,490 margin with $12,000 equity; bitcoin would need to drop to $92,445.22 before I get margin calls. The new 200:1 account has over 3000% margin, $535.75 margin with over $16,000 equity.

$3490 x 20:1 = $69,800 in longs.

$535.75 x 200:1 = $107,150 in longs.

Thank you for clarifying. I may throw $4,000 at bitcoin perps long, as soon as the XRP that I bought gets back to the $4k I paid.

As an update to my leveraged accounts:

The 20:1 has 43 x 0.01 longs from 122557 down to 114373. AI can read my .htm account statement, and calculates that at ~350% margin, $3,490 margin with $12,000 equity; bitcoin would need to drop to $92,445.22 before I get margin calls. The new 200:1 account has over 3000% margin, $535.75 margin with over $16,000 equity.

$3490 x 20:1 = $69,800 in longs.

$535.75 x 200:1 = $107,150 in longs.

Thank you for clarifying. I may throw $4,000 at bitcoin perps long, as soon as the XRP that I bought gets back to the $4k I paid.

As an update to my leveraged accounts:

The 20:1 has 43 x 0.01 longs from 122557 down to 114373. AI can read my .htm account statement, and calculates that at ~350% margin, $3,490 margin with $12,000 equity; bitcoin would need to drop to $92,445.22 before I get margin calls. The new 200:1 account has over 3000% margin, $535.75 margin with over $16,000 equity.

$3490 x 20:1 = $69,800 in longs.

$535.75 x 200:1 = $107,150 in longs.

Thank you for clarifying. I may throw $4,000 at bitcoin perps long, as soon as the XRP that I bought gets back to the $4k I paid.

As an update to my leveraged accounts:

The 20:1 has 43 x 0.01 longs from 122557 down to 114373. AI can read my .htm account statement, and calculates that at ~350% margin, $3,490 margin with $12,000 equity; bitcoin would need to drop to $92,445.22 before I get margin calls. The new 200:1 account has over 3000% margin, $535.75 margin with over $16,000 equity.

$3490 x 20:1 = $69,800 in longs.

$535.75 x 200:1 = $107,150 in longs.

If I hold for 3 years the 'swap fees' would be huge on a long. Can you link his post?

I am using the 200:1 leverage limit with crypto. 500:1 is only for Forex and metals, etc. Solana is only 1:100 because it is so volatile

Since I started trading Sep. 16, here is  my my report generated by MT4:

Gross Profit: 165.98,    Gross Loss: 0.32, Total Net Profit: 165.66
Total Trades: 124, Short Positions (won %): 18 (100.00%), Long Positions (won %): 106 (99.06%)
Profit Trades (% of total): 123 (99.19%), Loss trades (% of total): 1 (0.81%)

The only loss of $0.32 was a typo on a take profit setting. I got a long mixed up with a short.

Bitcoin price has been very unpredictable and flat this week because of the FED print on the 17th. The expected  'pump and dump' was already factored in by most traders. I was going short on the ups and long on the downs, 'hedging'. NYC dumped more than usual on Friday, so I bought like a demon. Next week I should make more money as the the price goes back to its normal daily volatility. NYC at 8am local and Asia at 9am local. Asia closes while Europe is still open and NYC opens while Europe is still open. Asia is the 1st to open each day and week, and NYC is the last. Europe is stuck with the price Asia gave it and has to think of what price to give to NYC. Asia looks at what NYC left it and decides what to do. I could start keeping track of the closing price in each time zone and see if that helps. Mostly I just watch the price moves in the 1st few minutes of each market open. Europe is the one I am usually sleeping through. I am on the west coast of Canada. 5am = NYC 8am , and 5pm = Asia 9am the next day.

Here is my daily statement at Friday close:

Floating P/L: -1 039.96
Equity: 20 464.95
Margin Requirement:   578.08
Available Margin: 19 886.87
Margin Level: 3529.80%

$578.08CA @ 200:1 = $83,000US in coin. I have about 72 positions open @ 0.01 coin each. This is high for me because of my Friday frenzy buys. I normally try to keep the count at ~20-30.  MetaTrader 4 starts to slow down at 100 open orders so my actual limit will not be my $20,000 but ~ $800 which is about 100 x 0.01 @ 16500 price. If I go to 0.02 then that would be $1600 limit. I think bitcoin would need to drop to about $90,000 before I get a margin call. I doubt it would drop that fast. I could set all my 'stop loss' limits to $112,000 and that would save most of my balance. I can't see it going that low. When the price of bitcoin hits $150,000 then I may limit to only 75 open orders. That may be a reason why margin traders can't raise the price much right now.
The last ATH had a huge dip afterwards. I made almost $1,600 that week and over $4,200 for the month of August.


Since NYC sold it down more than usual for a Friday, all my positions are long from 117743 down to 115354. As I write this the price is ~115900 and climbing. My 200:1 trading server is down for scheduled maintenance, but when it is back up it should have sold about 1/2 my orders for profit. I don't want to trade my original 20:1 account because I want to close it. To fund the new account I sold $20,000 in coin from my wallet. When I close the old account I will buy coin with that $20,000. I still have too many high open trades there that may not close until the next ATH. Only 24 open trades at ~$2,000 loss. 119000 will clear most at profit.

Here is a link to a margin calculator.

https://ba928eab26d449cf9a75642ae5b9940d.elf.site/

Set the price to 116000 and the margin to 500:1. I buy what I call 'weeny packs'. Groups of 0.01 volume, usually in 3-6. If you set the volume to 1.0 then a whole coin will cost $230, at 0.01 then 1/100 coin costs $2. With 0.01 for every $100 the coin goes up, I make CA$1.37. To make $100/day I just need 100/1.37 = ~73. 73x 0.01 to move up $100 each. If it goes up $1000 then I only need 7.3 x 0.01. $14.60 out of my $20,000 balance.

I should simplify.

 If you want to 'day trade' BTC/USD with $1,000 then you should look for a max leverage broker. $1,000 x 500:1 means you can buy $250,000 of bitcoin orders at normal 50% margin calls: 1000 x 500 / 50 = $250,000.

No more risk if I keep the order count low. At 20:1 with $20,000 and only $6,000 in open orders I can easily net $100 a day. At 25x that with 500:1 it would be $2,500 a day net. Offshore accounts, so no taxes until I bring it back to Canada. In the last week of Feb/2025 I had $31,000 in my trading account and kept buying dips. I went as high as $15,000 in orders thinking the price would climb soon. Margin calls started at 50%. If I have more than 50% of $31,000 in orders then the broker automatically starts selling them to get me under 50%. Then the 'cascading margin calls' happened. A very foolish rookie mistake that I should never repeat. In order to have the same buying power of $20,000, I would only need $800 at 500:1. 20,000/25. I can afford a full $20,000 but I will still keep my limit to $6,000. I also have a $50,000 line of credit with my banks now to pump cap in if I need to.

I was liquidated in the last week of Feb/2025 when I kept trying to buy my way out of every dip. I lost over CA$31,000 in 3 days. Since Oct/2023 I have made over $80,000 which would have been $100,000+ without the rookie mistake I made last Feb. I agree it is easy to get 'wiped out' with margin trading in BTC/USD. The trick is to keep your order total low. With $20,000 I try to keep less than $6,000 of open orders now. Then if BTC takes a big dip I can ride it out until the NYC cavalry buys it back up. At 500:1 and $6,000 max orders, that will still have $3,000,000 in buying power. Yes, $3 million for only $6k risked. If anyone wants a link to the broker for a new account bonus, please PM me.

I don't think you did the math. I have been 'day trading' BTC/USD since Oct/2023 at 20:1 margin. I now will move to 500:1 margin. Whether I have $20k or $1k, do the math on buying power.

I am going to close my 20:1 account and go to a new broker that has 500:1 on BTC/USD. That is a 25x advantage. Does anyone else here do leverage trades on BTC/USD?

My broker at my 20:1 USD/BTC trading account quit and joined a 500:1 brokerage. I have $20,000 in my 20:1 account. If I close and transfer to 500:1, I will have 25x the buying power = $5,000,000. Yes, $5 million buying power for $20k balance.

I traded in ~ CA$80,000 worth of BTC yield ETFs for ETH ETFs starting Aug 5 because the yield payout was 13% higher. I started before ether went up so my gain has been 8.68% in 5 days which is ~$6,400. I started buying the BTC ETFs on May 30 so they have gone up as well. My 3 month gain since May 14 is 13.64% or ~$29,400. If ETH keeps going up then I may convert more.

Satoshi is definitely dead. He knew he was not going to live long after his final post about 'moving on'. I cannot prove this here, but do know his wallet accesses did not die with him. ~~~~

There was talk on the internet last spring about a few rich Islamic countries converting there hoards of gold and the US dollar into hoards of bitcoin. In June of 2024 Saudi Arabia didn't not renew contracts created in 1974 that created the 'petrodollar system'. This required Saudi Arabia to sell its oil exclusively in US dollars.

I think their first move just started when the Dubai stock market opened 40 minutes ago. One voice said that when they do convert, that they wanted to make a 'God Candle' on the candle charts so everyone would know, and remember, who bought the coin. A very nice tribute to Allah.

I try to HODL as much as I can on three fronts.

My TFSA is maxed out for 2025 with CA$100,000 in a bitcoin ETF that yields/dividends 11% average per year and pays it out in the 1st week of every month.

My RRSP has CA$110,000 of the same ETF.

Since I started buying it in early June, they are both up 5% or about CA$10,000. This figure is off because Friday's close was low for most bitcoin ETFs caused by the Galaxy FUD. In mid July, I also converted CA$62,000 in IBIT ETF to the yield ETF, this also sways the 5% profit figure.

I also have 0.076478 coin that I bought at average US$115,660.34. I had a lot more coin but sold it at a profit and put it in TFSA for tax purposes. That was approx CA$100,000 worth.

I 'day trade' bitcoin with a 20:1 margin account that has just over CA$20,000 in it. This means with a 50% margin limit, I can trade CA$200,000 in coin. I usually keep my margin below CA$60,000 in case of huge dips. I tried to buy my way out of several cascading dips in the last week of Feb/2025 and lost CA$31,000 in margin calls. A foolish, rookie mistake that I won't repeat. With CA$60,000 then I only need a 1.66% increase in bitcoin each day to make CA$100 each day. My best month this year was
January with $6780.85 in net trading profit. Since the trading account is offshore, I only need to pay taxes when I bring the money back to Canada. The $26,000 net loss for February will be a tax write off at the end of the year.

I have a CA$25,000 line of credit with one bank and hope to get CA$50,000 with another bank soon. When bitcoin dipped  in early April/2025, I tapped the full $25,000 to buy coin and then converted it back in a few days. $23.72 interest that netted me about $3,000 after I sold the coin again.

My HODL plan is to keep my chequing account just over $4,000 which is the low limit to get all the free services. My day trade account, I keep between $20,000 and $40,000. All income from pensions etc goes into actual coin. At the end of 2025, I will calculate how much coin I need to sell to put into the RRSP ETF for tax relief. I can also add another $7,000 to my TFSA ETF on Jan 1/2026.

If I need money in a hurry I have access to the $25,000 line of credit, $10,000 in paid off credit cards, and $12,000 in bitcoin as of July 26. If the markets are open and the price is up, I can also sell my $100,000 TFSA ETF shares. The $110,000 RRSP shares I would have to pay 10-20% tax on as soon as I withdraw the cash.

"On Thursday, July 24,2025, Bitcoin experienced a dip after news emerged of a dormant Satoshi-era wallet (inactive
since 2011) transferring a massive 80,000 BTC to Galaxy Digital."

I bought the dip and asked an AI if whales would recover the price by NYC open on Monday. The response was TDLR, but one line from her conclusion sums it up: "...the price is more likely to stabilize or see a modest recovery by Monday..." I have already made over CA$500 on this dip. My best dip this year was after the inauguration in January where I made over CA$4700 by the end of the week.

Another possibility is someone had lost their password or hard wallet and finally had the technology to recover it. It could have also been after a death in the family and a younger member found a way to access it. A 14 year old family feud of heirs could finally been settled with the death of one of them. It could have been  a skilled hacker using brute force software that somehow clicked after years. Hopefully we will hear in the next while. It is hard to spend that many billions of USD without getting noticed. Has anyone seen the 1983 Superman III movie with Richard Pryor in it? Hacker gets rich, buys a Porsche, and the hacked company notices the Porsche.