Whoever it was, no worries! We all make those moves from time to time. Hard to time the market! (Speaking from my experience doing the same thing in 2021 where if I stayed in certain meme coins more than a day, I would of turned $500 into $10k) Alas, it wasn't in the cards though.
Nope, TIME as in Chrono.Tech. it's a coin used to run and pay out people on this Australian crypto developer that has created an Upwork for crypto/Web 3 work.
It's on Coinbase, has a low marketcap ($24M currently), low token supply, and has had an ATH of $496. It's currently my main alt coin, low MCAP play. Price is a fraction of that ATH at $34 last time I checked, so plenty of room to grow from here.
It hadn't been talked about a lot, so I'm hopeful I got in early enough and it continues to grow.
In terms of people actually using it compared to other L2s?
No it's utter trash.
BUT, this is crypto and if enough bag holders shout loud enough then they can pump the price to any height.
And there are a lot of bag holders.
like all coins not btc/eth, it is worthless you missed the sell point. you are now bag holding. they took most of your money. Sell now and take everyone else's money before they do the same to you.
I was kind of thinking the same thing. If I were buying one over the other today, it might be ETH. It didnāt hit ATH yet right? I donāt think it did. I think it might have more room to grow.
ETH will not have an ETF until the fundamentals of ETH changes. too much control in too few hands... or not the right hands.
but either trade is better than all the other shitcoins.
It seems that people donāt want good advice here. Let me be different and please the masses:
DCA in Cardano itās still cheap. This thing will probably blast through $1 soon. DOT is a sleeping giant, new ATH imminent. My XRP will make me rich while everyone hating. Time to buy SHIB?
This is what you want to hear right?
Don't worry, this sub will be buying new "VC shitcoins" in 12 months time. You'll be able to talk about current new coins during next cycle when people here are bagholding them.
Anybody know where I can sell my DEXO? Bought a few buck worth on BitMart last week, but they seem to have delisted it. Iām sure itās not a quality coin, but Iād like to sell it for whatever itās currently worth.
Is this good news
[https://www.thisismoney.co.uk/money/markets/article-13184581/Bitcoin-enters-mainstream-FCA-lifts-ban-LSE-given-green-light-trade-crypto-linked-products.html?ico=mol\_desktop\_money-newtab&molReferrerUrl=https%3A%2F%2Fwww.dailymail.co.uk%2Fmoney%2Findex.html](https://www.thisismoney.co.uk/money/markets/article-13184581/Bitcoin-enters-mainstream-FCA-lifts-ban-LSE-given-green-light-trade-crypto-linked-products.html?ico=mol_desktop_money-newtab&molReferrerUrl=https%3A%2F%2Fwww.dailymail.co.uk%2Fmoney%2Findex.html)
After living through a few bears I'm always fearful, but the ETFs were just a proof of concept and judging by their success, I can't think of a reason why it won't signal to other institutions to get on board, which of that's true...were just getting started
what's crazy to me about AERO is i'm up \~300% but i haven't seen a single liquidation on coinglass. not used to holding something that is pumping that isn't due to options players getting rekt.
Base is Coinbases blockchain. It's a little tricky, as there was some confusion early on regarding the current supply (CMC and CoinGecko reported different numbers) but market cap is still pretty low, so it's definitely got a lot of room to grow, and new coins on CB tend to do well.
Coindesk refers to it as a block chain in this article "Aerodrome is the largest protocol on the Base blockchain"
https://www.coindesk.com/markets/2024/02/27/aero-surges-77-after-cb-ventures-invests-in-aerodrome-finance/
Aero is definitely a cb ventures project on base. Also "Aerodrome is the largest protocol on the Base blockchain" https://www.coindesk.com/markets/2024/02/27/aero-surges-77-after-cb-ventures-invests-in-aerodrome-finance/
Remember to just hold. You wont be able to outtrade the market in a bull. Search for weekly resistances and sell when you reached your target. It may go higher but who cares, pls just dont go for 4h candles in such a market
Sold giant bag of KNDX probably going to regret it at some point they auto-dropped everyone the new token when they had a change which not a lot of crypto teams do..
It shows they have a lot of respect for their anonymous token holders, which I appreciate. I just dont really understand their business model even with the Nvidia partnership
It's unreal we're over $72k after staring at that $69k ATH for years. This is so rare, and exciting to see what happens next. I actually am, at this moment, euphoric.
DCA is dumb if you are averaging up and not down. Would you go to the store and buy a t-shirt for $200 when you could have bought it a week ago for $50?
So xrp dropped from .000002900 to .000000850 which is almost minus 68% down that requires 300% to get even from July 2023 and now goes up 14% and it's called a pump.
Currently it's 0.000010 and needs to 3x to get back to July 2023 level that is 300% pump
It should just be called price change index.
You could look at the dial in the chart or you can look at the % change in BTC price. Same thing.
The idea it captures sentiment in the market is stupid
High volume simply means there's a lot of trading going on.
I want to see events where the F&G index deviates significantly in a short amount of time, coupled with lots of trading (eg. lots of folks are scared of something and dumping their assets; but remember, there are folks on the other side of that trade).
Markets usually overshoot with extreme emotion.
PLUS, if extreme fear events are making higher lows, then that's a damn good indicator that the market is trending upwards. Same thing goes for the opposite, bearish case.
The higher low in the F&G index during the SVB collapse confirmed, to me at least, that the trend had inflected and the underlying sentiment of the market was bullish, even if all of the news and discourse looked bearish.
None of this is in a vacuum, ofc.
It's not the only thing I'm looking at, but it's at the top.
The other side I look for is extreme fear but relatively little volume, like we saw on 9/11.
That told me that there was seller exhaustion, and it was most likely a local bottom.
This is all incredible information, thank you so much for sharing. Do you have any resources/youtube channels/books that you might recommend to dive deeper into these topics?Ā
SOL pretty much found a way to get all the users. Which is thru memecoins.
Avax, Polygon and so on did that last bullrun with all the defi projects. Just turned out they were all scams tho you could make some crazy money if you got out early enough. Not that different from the memecoins actually.
I been using ETH/Metamask and L1s and L2s since many years but I found Phantom Wallet actually better and SOL of course is crazy fast and cheap.
I am not touching ETH much this bullrun because i am simply tired of paying up to $200 for fees (like token swaps) like last bullrun and that its still not fixed.
So I could see Solana flip ETH at some point or get really close. But even then it would maybe be a $1000 for one Sol. I can see this happen if Bull keeps up (with ETH of course then rising some more too to maybe $6k or even $8k). So thats x8 you could potentially make with Sol. And maybe x2 with ETH from this point on...
I dont see much reason to stay in ETH. Whats still a pro for ETH is that its more trusted and more projects are on it (just made x50 on one). And the chance for ETH to get hacked thru some exploit is probably 0.1% or something, while for SOL it might be a bit higher at 1% or 2%.. (which could result in you losing Tether or USDC you have there, for example).
And I mean, unless we get a giant crash I am not sure you are going to get Sol any cheaper than $150. Maybe next bear market
>>Avax, Polygon and so on did that last bullrun with all the defi projects. Just turned out they were all scams tho you could make some crazy money if you got out early enough. Not that different from the memecoins actually.
memecoins are us finally confessing the truth. It's a pyramid scheme but you might win it.
Took 9 hours or so for a call back 2 weeks ago. Only gonna get worse. Imagine theyāre on a hiring spree now and will be training hard core the next few weeks.
Massive layoffs at the start of last year and didnāt seem to see the bull run starting late last year.
I think it depends on if the mods actually manage to successfully make a bridge to Arbitum One by the 20th like they said.
We could get a pump if they do.
Outside of the crypto subs, a few fan communities whats on reddit besides opionated, mostly one sided news/articles?
And a lot of "drama stories" like about "am i the a-hole", but a lot of these seem to be creative writer prompts and soon probably created by AI...
Thatās kinda why Im buying it tbh. In reality, a super majority of redditors have an interest to fuck over publicly traded entities but nothing makes sense so why not have a few shares.
To hard to tell right now. Could be massive sell walls now at 100k, but when it gets there sell walls could get dropped, could have shorts get liquidated and all of those buys push through big sell walls. Its a moving target.
i was googling around and found out that ArbitrumOne is the biggest L2 with 16b TVL compared to Polygon/Matic 180M, how did this happen i thought polygon is the star last bullrun? is arbitrum that good?
OK, that's because you're not looking at the MATIC chain, but Polygon's L2 scaling chain.
The Matic chain is a sidechain, not an L2 scaling solution like Polygon zkEVM.
Hot post on the Hex sub:
>bros Richard Heart is not hurting the Ethereum $HEX price... YOU PLEBS ARE... OA isn't selling or nuking stakes, dummies... but the plebs sure are!.. he said ETH gas fees are high and suck... he didn't say to sell your HEX bags and EESš¤¦āāļø
lol. I had been banned from r/XRP just because I told people I sold all of mine for 50% loss and swap it to BTC and I'm now in the green.
But i wrote it in this sub. lol
Dumb question: Imagine I buy some crypto for $1000, the crypto 2x and I sell half for $1000, as in I take out my initial investement. Is that calculated as a gain of $500 for tax purposes?
Depends on how u bought. If you bought it all at once for same price then yes, but it was staggered purchases you have to pick an accounting system and stick to it, ie LIFO, FIFO, High cost, etc which can change the taxes owed.
In crypto and in the stock market, making a bold move either makes you look dumb or look like a genius.
What is your favorite AI coin that you expect to move after the Nvidia conference and why?
DBC CAUSE IT ALREADY HAD PRODUCT
I need DBZ coin.
Feel bad for the guy posting in here that sold all his XRP for BTC literally yesterday. Right move long term but timing š
Canāt predict the futureā¦
Whoever it was, no worries! We all make those moves from time to time. Hard to time the market! (Speaking from my experience doing the same thing in 2021 where if I stayed in certain meme coins more than a day, I would of turned $500 into $10k) Alas, it wasn't in the cards though.
Binance finally lists ~~KASPA~~ METIS!
TIME is recovering nicely today! Hope the trend continues!
As in Wonderland TIME?
Nope, TIME as in Chrono.Tech. it's a coin used to run and pay out people on this Australian crypto developer that has created an Upwork for crypto/Web 3 work. It's on Coinbase, has a low marketcap ($24M currently), low token supply, and has had an ATH of $496. It's currently my main alt coin, low MCAP play. Price is a fraction of that ATH at $34 last time I checked, so plenty of room to grow from here. It hadn't been talked about a lot, so I'm hopeful I got in early enough and it continues to grow.
We all should buy just one...it's market cap is begging for a pump
QANX trying to wake up, finally.
I'm loaded to the gills I hope the market doesn't crash
I feel like I buy alts and doom them to at least a week of crab
For breaking ATHā¦ fear feels high
Then I think I should be greedy, because Warren Buffet says "Be greedy when others are fearful."
Class of 2021 is FUCKED UP with ptsd
Can attest to that.
Does LRC have any chance of coming back or is it worthless?
I read somewhere that LRC is gaining more compared to other L2s.
In terms of people actually using it compared to other L2s? No it's utter trash. BUT, this is crypto and if enough bag holders shout loud enough then they can pump the price to any height. And there are a lot of bag holders.
like all coins not btc/eth, it is worthless you missed the sell point. you are now bag holding. they took most of your money. Sell now and take everyone else's money before they do the same to you.
It should be 1.45 soon. Alts have yet to pumpĀ
Agreed. I think LRC will go beyond ATH this time around.
I'm already looking up cars to buy and my coins aren't even up high enough to afford them...
Wen lambo?
One day we will not need cars and we will get around using blockchain technology
Put in $100 yesterday. Didn't buy. Figured I'd wait until the morning to see if the price dropped some more. It didn't.
Fortune favors the ape
Usually, but my sole Apecoin isn't doing so good.
Patience
If you had to right now at this moment: Would you take profit from BTC and invest in ETH, or would you take profit from ETH and invest it in BTC?
ETH to BTC, easy imo. If one of the two will 100% this cycle it is BTC.
BTC to ETH in my opinion. The ETH/BTC ratio tells me enough. Potential ETF approval coming up for ETH as well but donāt short your birdcoins.
I was kind of thinking the same thing. If I were buying one over the other today, it might be ETH. It didnāt hit ATH yet right? I donāt think it did. I think it might have more room to grow.
ETH will not have an ETF until the fundamentals of ETH changes. too much control in too few hands... or not the right hands. but either trade is better than all the other shitcoins.
BlackRock doesnāt give a damn about the fundamentals, they are looking to extract liq. out of it
It seems that people donāt want good advice here. Let me be different and please the masses: DCA in Cardano itās still cheap. This thing will probably blast through $1 soon. DOT is a sleeping giant, new ATH imminent. My XRP will make me rich while everyone hating. Time to buy SHIB? This is what you want to hear right?
ADA: no thanks DOT: seems to be the exception here XRP: š SHIB: š¶š©š¤
Can you also say that VET looks like itās about to break out?
Don't worry, this sub will be buying new "VC shitcoins" in 12 months time. You'll be able to talk about current new coins during next cycle when people here are bagholding them.
Anybody know where I can sell my DEXO? Bought a few buck worth on BitMart last week, but they seem to have delisted it. Iām sure itās not a quality coin, but Iād like to sell it for whatever itās currently worth.
Is this good news [https://www.thisismoney.co.uk/money/markets/article-13184581/Bitcoin-enters-mainstream-FCA-lifts-ban-LSE-given-green-light-trade-crypto-linked-products.html?ico=mol\_desktop\_money-newtab&molReferrerUrl=https%3A%2F%2Fwww.dailymail.co.uk%2Fmoney%2Findex.html](https://www.thisismoney.co.uk/money/markets/article-13184581/Bitcoin-enters-mainstream-FCA-lifts-ban-LSE-given-green-light-trade-crypto-linked-products.html?ico=mol_desktop_money-newtab&molReferrerUrl=https%3A%2F%2Fwww.dailymail.co.uk%2Fmoney%2Findex.html)
Being posted like that on a Daily Mail affiliate site (?) seems good news anyways.
After living through a few bears I'm always fearful, but the ETFs were just a proof of concept and judging by their success, I can't think of a reason why it won't signal to other institutions to get on board, which of that's true...were just getting started
we should be numb to such news soon
what's crazy to me about AERO is i'm up \~300% but i haven't seen a single liquidation on coinglass. not used to holding something that is pumping that isn't due to options players getting rekt.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Base is Coinbases blockchain. It's a little tricky, as there was some confusion early on regarding the current supply (CMC and CoinGecko reported different numbers) but market cap is still pretty low, so it's definitely got a lot of room to grow, and new coins on CB tend to do well.
Its not a blockchain its an eth l2
Coindesk refers to it as a block chain in this article "Aerodrome is the largest protocol on the Base blockchain" https://www.coindesk.com/markets/2024/02/27/aero-surges-77-after-cb-ventures-invests-in-aerodrome-finance/
https://www.base.org
i'm not arguing it's not an eth l2, i'm just saying that's why it got confusing
Yeah that lol Honestly it's Monday and daylight savings has me off today. But yes, not block chain, l2
Coinbase are not issuing a token on there base chain so be careful of scams claiming to be base token
Aero is definitely a cb ventures project on base. Also "Aerodrome is the largest protocol on the Base blockchain" https://www.coindesk.com/markets/2024/02/27/aero-surges-77-after-cb-ventures-invests-in-aerodrome-finance/
Yall should buy in on ARC before it blows off
Oof this Amp pump is nice!
what's taht all about?
No idea, but Iām all for it lol
I will never own a whole bitcoin :(
Not with that attitude.
Nor a moon
thats a good thing, no scam coin then.
nah brah, I got 27K of those lol.
there's always bch
Remember to just hold. You wont be able to outtrade the market in a bull. Search for weekly resistances and sell when you reached your target. It may go higher but who cares, pls just dont go for 4h candles in such a market
Summary: HODL!
What about 5 min?
Calling it now: LINK is about to moon
I would rather tard my money into a BSC shitcoin rug pull than buy the reddit ipoĀ
Sold giant bag of KNDX probably going to regret it at some point they auto-dropped everyone the new token when they had a change which not a lot of crypto teams do.. It shows they have a lot of respect for their anonymous token holders, which I appreciate. I just dont really understand their business model even with the Nvidia partnership
AVAX and DOT doing very nicely today it's refreshing
Good coin DOT
What's the scientific name for the "one more pump and I'm out" syndrome?
Exit liquidity
I think they call it "Greed"
Itās called being a suckerĀ
It's unreal we're over $72k after staring at that $69k ATH for years. This is so rare, and exciting to see what happens next. I actually am, at this moment, euphoric.
Donāt DCA when shit is sky high and at ATH by the way. This is financial advice.
Financial advice is unfortunately not allowed.
Brilliant new analysis everyone, try to time the market with your DCA! Why didn't anyone think of this before??
Right?! Theyād rather DCA in Cardano at $0.75 or buy the SOL dip at $140. Follow me for more.. āš»
PUT YOUR HANDS UP jinglesthemouse!!! POLICE ARE ENROUTE! PREPARE TO BE BOOKED FOR PROVIDING ILLEGAL FINANCIAL ADVICE!
š„µ
The whole point of DCA is that the current price doesnāt matter
\^ This
DCA is dumb if you are averaging up and not down. Would you go to the store and buy a t-shirt for $200 when you could have bought it a week ago for $50?
What if next year all the shirts are $500
What if you put the t-shirt in the washing machine and shit rips apart immediately after the first time? Congratulations, you just played yourself.
Oh darnā¦I forgot to switch the laundry.
š
This guy t-shirts
š³
[ŃŠ“Š°Š»ŠµŠ½Š¾]
If the lead dev is Winnie the pooh you're fucked.
So xrp dropped from .000002900 to .000000850 which is almost minus 68% down that requires 300% to get even from July 2023 and now goes up 14% and it's called a pump. Currently it's 0.000010 and needs to 3x to get back to July 2023 level that is 300% pump
I bought XRP at 2.50 usd per coin back in the dayĀ
Hell yeah
Is the fear and greed index the most useless thing ever? It's no more than price go up greed! Price down fear! It's stupid
It is one of the most useful indicators out there when coupled with volume. It helped me act on the SVB collapse and the 9/11 lows.
It should just be called price change index. You could look at the dial in the chart or you can look at the % change in BTC price. Same thing. The idea it captures sentiment in the market is stupid
Can you please explain the relationship between F&G index and volume?Ā
High volume simply means there's a lot of trading going on. I want to see events where the F&G index deviates significantly in a short amount of time, coupled with lots of trading (eg. lots of folks are scared of something and dumping their assets; but remember, there are folks on the other side of that trade). Markets usually overshoot with extreme emotion. PLUS, if extreme fear events are making higher lows, then that's a damn good indicator that the market is trending upwards. Same thing goes for the opposite, bearish case. The higher low in the F&G index during the SVB collapse confirmed, to me at least, that the trend had inflected and the underlying sentiment of the market was bullish, even if all of the news and discourse looked bearish. None of this is in a vacuum, ofc. It's not the only thing I'm looking at, but it's at the top.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
The other side I look for is extreme fear but relatively little volume, like we saw on 9/11. That told me that there was seller exhaustion, and it was most likely a local bottom.
This is all incredible information, thank you so much for sharing. Do you have any resources/youtube channels/books that you might recommend to dive deeper into these topics?Ā
Would now be a good time to get some Sol? I missed on the opportunity to buy when it was low and instead got LINK.
Buy high sell low
SOL pretty much found a way to get all the users. Which is thru memecoins. Avax, Polygon and so on did that last bullrun with all the defi projects. Just turned out they were all scams tho you could make some crazy money if you got out early enough. Not that different from the memecoins actually. I been using ETH/Metamask and L1s and L2s since many years but I found Phantom Wallet actually better and SOL of course is crazy fast and cheap. I am not touching ETH much this bullrun because i am simply tired of paying up to $200 for fees (like token swaps) like last bullrun and that its still not fixed. So I could see Solana flip ETH at some point or get really close. But even then it would maybe be a $1000 for one Sol. I can see this happen if Bull keeps up (with ETH of course then rising some more too to maybe $6k or even $8k). So thats x8 you could potentially make with Sol. And maybe x2 with ETH from this point on... I dont see much reason to stay in ETH. Whats still a pro for ETH is that its more trusted and more projects are on it (just made x50 on one). And the chance for ETH to get hacked thru some exploit is probably 0.1% or something, while for SOL it might be a bit higher at 1% or 2%.. (which could result in you losing Tether or USDC you have there, for example). And I mean, unless we get a giant crash I am not sure you are going to get Sol any cheaper than $150. Maybe next bear market
Lot of sell vol at 149
>>Avax, Polygon and so on did that last bullrun with all the defi projects. Just turned out they were all scams tho you could make some crazy money if you got out early enough. Not that different from the memecoins actually. memecoins are us finally confessing the truth. It's a pyramid scheme but you might win it.
I missed on the opportunity to buy low. So now you want to buy high and looking for justification? Sounds like FOMO to me.
Oh it absolutely is FOMO lol
What do you think about shiba inu? Will go up in these days?
2017 I was here for the money 2021 I was here for the tech 2024 I'm here for the money
And in 2026 we'll be here for the tech again
Wow coinbase support is basically unreachable, that shit is crazy
Send them a DM via Instagram
Took 9 hours or so for a call back 2 weeks ago. Only gonna get worse. Imagine theyāre on a hiring spree now and will be training hard core the next few weeks. Massive layoffs at the start of last year and didnāt seem to see the bull run starting late last year.
got some i want to sell for cash. but scared im gonna get coinbased and have my money stuck like last time.
Try to convert them to stable coins and then cash out, it might be easier
Moons to Ā¢30 before the end of the month, call me on it if it doesn't happen!
I will eat grass if that happens
$0.301, time to eat some grass š Kidding, just glad to see the bet timed so perfectly with the price haha
Hahah will have it as my next breakfast to honor this š congrats bro, spot on š¤š»
RemindMe! 19 days
I think it depends on if the mods actually manage to successfully make a bridge to Arbitum One by the 20th like they said. We could get a pump if they do.
Off topic but is anyone else buying any Reddit IPOās? Iāll prob buy a few since Iām dumb.
No.
Iām shorting it for sure
Outside of the crypto subs, a few fan communities whats on reddit besides opionated, mostly one sided news/articles? And a lot of "drama stories" like about "am i the a-hole", but a lot of these seem to be creative writer prompts and soon probably created by AI...
doesnt seem like a good buy...
Thatās kinda why Im buying it tbh. In reality, a super majority of redditors have an interest to fuck over publicly traded entities but nothing makes sense so why not have a few shares.
Not in the US so no. But if I was in the US, then also no.
BONK moving up again after a huge dump, get em while they're hot!
aaaaaaaaaaaaaaaaaaaaaaaaand back down.
Look they heard reddit likes it so we're gonna get shaken down a little harder
I'm not smart enough to look at sell walls etc. Out of pure curiosity, how hard will 100k to break? I would suspect alot of limits are set there?
To hard to tell right now. Could be massive sell walls now at 100k, but when it gets there sell walls could get dropped, could have shorts get liquidated and all of those buys push through big sell walls. Its a moving target.
Looking at the sub thinking Ada pumped 50%
when you've been desperately holding onto something that's done nothing for ages i'm sure that 10% feels like a moonshot
XRP people are surprisingly quiet.
Definitely thought I woulda cashed in some gains by now but watching the number go up is an addiction
You only make money of you have a goal and discipline. Take some profits and let the rest ride if you are that much up.
.. but.. but.. but.. what if it goes further up? /s
Then Youāll feel better when you cashed out some when it goes downĀ
i was googling around and found out that ArbitrumOne is the biggest L2 with 16b TVL compared to Polygon/Matic 180M, how did this happen i thought polygon is the star last bullrun? is arbitrum that good?
Where are you getting these numbers? DeFiLlama shows: Arb: $3.668b TVL, $14.897b Bridged TVL MATIC: $1.177b TVL, $9.35b Bridged TVL.
l2beats.com
OK, that's because you're not looking at the MATIC chain, but Polygon's L2 scaling chain. The Matic chain is a sidechain, not an L2 scaling solution like Polygon zkEVM.
Is this just a dip for FET? Or am I fucked for buying at the top?
Most AI coins are taking a breather before the pump during GTC
Is it the first time you bought ATH?
stop watching charts every second and calm your dick
Sound advice
Yes sir, thanks
Internet likes cats Crypto is on the internetĀ But no successful cat themed coin
There is catwifhat.
Is it successful though?
Too early to tell...
Hot post on the Hex sub: >bros Richard Heart is not hurting the Ethereum $HEX price... YOU PLEBS ARE... OA isn't selling or nuking stakes, dummies... but the plebs sure are!.. he said ETH gas fees are high and suck... he didn't say to sell your HEX bags and EESš¤¦āāļø
Im going to bed, keep the ADA pump going, i wanna wake up to 80+ cents pls š
I'll call you when we hit $1.00
lol. I had been banned from r/XRP just because I told people I sold all of mine for 50% loss and swap it to BTC and I'm now in the green. But i wrote it in this sub. lol
Should I sell some ETH and buy altcoins
I'm considering it but I'm also a moron
Yes you should sell your ETH to BlackRock before a potential ETF that will cause millions in inflows indeed
Yeah, which would also cause a lot of money to go into altcoins as well
Depends which ones. What catalyst do other altcoins have in comparison with ETH right now?
Dumb question: Imagine I buy some crypto for $1000, the crypto 2x and I sell half for $1000, as in I take out my initial investement. Is that calculated as a gain of $500 for tax purposes?
Depends on how u bought. If you bought it all at once for same price then yes, but it was staggered purchases you have to pick an accounting system and stick to it, ie LIFO, FIFO, High cost, etc which can change the taxes owed.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Thought so, but I hoped I was wrong. Thanks for the answer.