QotD: How has the bitcoin dip affected your collecting?

Welcome to the next Question of the Day!

The Question of the Day is a way to facilitate community discussion to help members ponder the unanswered questions of the world that are somehow relating to the hobby. Questions are many times open ended and up to interpretation. Feel free to post your thoughts in as much or as little detail as you’d like.

Helpful Considerations may or may not help some people focus their answer, these are blurred to not bother those who have their own ideas.

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Today’s Question:
QotD: How has the bitcoin dip affected your collecting

Helpful Considerations: Diamond hands arent scared by dips? Whats a bytcoin? Shifted your risk at a good time and have even more pokemon? Can only afford metazoo now?

It hasn’t.

20 Likes

None. Try to avoid fomo driven with cards and that translates to crypto.

2 Likes

Oh the bitcoin dip, the one with onions and paprika? I had some of that on Friday with my chips, it affected me moderately I’d say.

18 Likes

It’s made it harder to buy cards.

Pokemon is one of the few speculative assets which is up right now. Normally when I need more funds to buy cards I would liquidate my other speculative assets like btc. I don’t want to sell those assets when they are significantly down though.

As a result I’m stuck in this waiting period where I’m hoping those assets will go up and card prices will come down so I can sell them to purchase more cards.

6 Likes

It’s made me more bullish actually. Around Nov 2024 into 2025 I was always under the assumption that the pokemon market was being carried by crypto. I kind of saw it all in the same speculative bubble.

Now that crypto is down, Pokemon’s continued increase shows that it is dependent from crypto, which makes me feel more comfortable as a collector leaving so much money in cardboard.

4 Likes

I feel for all the bitcoin holders and the event has left deep marks in me and my habits with collecting

15 Likes

This is me.

2 Likes

This a truly dark QOTD for all the poor Bitcoin holders.

4 Likes

The what?

3 Likes

thankfully it hasn’t really - but I do wonder if it will have knock on effects to Pokemon. The crypto rise seemed to correlate with pokemon rising a few years ago, and whilst they aren’t completely joined at the hip, I wouldn’t be shocked to see 1 speculative asset affect the other

3 Likes

Not at all…

The fact that my semiconductor and defence stocks are only going up is just good for the retirement funds.

2 Likes

wats a bitcoin

2 Likes

N/A
Still not actively buying for collection, still stacking Sats.
Hoping for a more severe capitulation phase this year during which I can go even harder buying fakemoneydownthedrainnotangiblevaluewaaacheaperbeeteecee.

2 Likes

This is what prompted the question. So many people, myself included, assumed that when bitcoin went up, so did pokemon and that they were tied together by the same people. Now we are seeing that that isnt the case so how are people justifying pokemons continuous value surge now?

3 Likes

I have two theories:

  1. Btc and Pokemon aren’t perfectly tied together. Crypto should be considered more like correlated assets than a direct cause of price surges in Pokemon: a bunch of geopolitical and economic factors have been interpreted as a green light for speculative assets in general

  2. Option 2, they were part of the boom cause among other factors, but the market behaves like a snowball. Once you get it rolling it’s hard to stop, since there are now new forces pushing and a general sense of self fulfilling prophecy. That’s why the narrative around these assets is so important.

2 Likes

Bitcoin? To which I have a profound response …. pffft.

1 Like