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04-08-2022, 09:51 PM | #3691 | |
In Search of a Life
Join Date: Aug 2005
Casino cash: $7327995
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Quote:
You commented to be a ****ing dick like you always are- so just **** off. |
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04-08-2022, 10:02 PM | #3692 | |
El Gato Gordo Loco
Join Date: Apr 2006
Location: Earth
Casino cash: $1861241
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Quote:
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04-08-2022, 11:48 PM | #3693 |
For The Glory Of The City
Join Date: Sep 2002
Location: Kansas City
Casino cash: $5086768
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Posts: 53,523
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04-08-2022, 11:49 PM | #3694 | |
For The Glory Of The City
Join Date: Sep 2002
Location: Kansas City
Casino cash: $5086768
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Quote:
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Posts: 53,523
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05-09-2022, 12:44 PM | #3695 |
Hey Loochy, I'm hooome!
Join Date: Oct 2008
Location: PooPooKaKaPeePeeShire
Casino cash: $1560752
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Alright guys, when should I start buying? How low will this go?
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Hey Loochy, I'm hoooome! |
Posts: 40,743
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05-09-2022, 07:39 PM | #3696 |
Life is changing..
Join Date: Jul 2012
Location: NW Missouri
Casino cash: $1334900
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Posts: 39,308
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05-09-2022, 08:09 PM | #3697 | |
El Gato Gordo Loco
Join Date: Apr 2006
Location: Earth
Casino cash: $1861241
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Quote:
Calm down paper hands. But if ur a trader and not a hodler then i guess i get it
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05-09-2022, 08:22 PM | #3698 |
Mahomes or GTFO
Join Date: Feb 2012
Location: KC
Casino cash: $5624282
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Here’s a tip: anyone who says they know what’s going to happen here is full of shit. BC and crypto in general are both still so new that these are absolutely uncharted waters. And people saying it’s cyclical: crypto has largely, if not entirely existed during the biggest bull run in history alongside the major indices. A post-2007 era when everyone and their brother with a college degree has some sort of chump change to play with. So **** it, I’ll buy some crypto. But what happens when the indices go bust and the money printing stops? What happens when the USD is teetering on no longer being the world’s standard exchange currency? What happens when an extremely overvalued real estate market gets hit with an extremely hawkish fed raising interest rates like it’s the 80’s? What happens when Johnny ****stick who has all his money wrapped up in crypto is suddenly having trouble keeping up with inflation?
Maybe nothing. But maybe something. I’ve swung this shit for years but stayed away from any serious coin because the volatility and lack of regulation was too much for me to stomach. Reminds me too much of the dot com bubble. Hope I’m wrong but I think this bitch is a 400lb man with cement strapped to his legs who hasn’t found the bottom of the ocean yet.
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05-09-2022, 10:00 PM | #3699 |
SuperBowl or bust
Join Date: Dec 2008
Location: BF Iowa
Casino cash: $1354088
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Bitcoin has a long history of huge peaks and valleys and the valleys are usually this time of the year.
In April of last year, it went over 60k and by mid July, it was at 30 before rocketing up to 63-65k in October. It’s going to be interesting to see where it goes this time because it’s currently back to 30k. Lots of data suggests it’s building for another big run trying to break 65k. |
Posts: 47,195
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05-10-2022, 06:24 AM | #3700 | |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $2191110
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Quote:
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
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05-10-2022, 07:30 AM | #3701 |
MVP
Join Date: Oct 2011
Location: Chandler AZ
Casino cash: $2171254
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05-10-2022, 08:07 AM | #3702 |
El Gato Gordo Loco
Join Date: Apr 2006
Location: Earth
Casino cash: $1861241
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I don't understand how people can even beat the short term capital gains tax rate when they trade crypto vs holding it but 99% of ppl are smarter than me. That tax is nasty.
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05-10-2022, 08:20 AM | #3703 |
MVP
Join Date: Oct 2011
Location: Chandler AZ
Casino cash: $2171254
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Cap gains on BITO are just like any other stock. It's not crypto. It's a stock tied to crypto(BTC), but it's still just a stock.
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05-10-2022, 08:21 AM | #3704 |
El Gato Gordo Loco
Join Date: Apr 2006
Location: Earth
Casino cash: $1861241
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My comment would also apply to day trading or short term stock flipping.
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05-10-2022, 08:39 AM | #3705 | |
Starter
Join Date: Jan 2004
Location: Lawrence
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Posts: 960
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