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Crypto-trading thread

764,405 Views | 8519 Replies | Last: 7 hrs ago by GarlandAg2012
Definitely Not A Cop
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AG
Happy Halving Day
ac04
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buying bitcoin on the day of the halving and holding until the next one has never yielded less than 5x. just FYI if you have any fiat you don't need for 4 years.
Bag
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AG
ac04 said:

buying bitcoin on the day of the halving and holding until the next one has never yielded less than 5x. just FYI if you have any fiat you don't need for 4 years.
LihaiAg06
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AG
While this is easy, the harder times to buy are more profitable. Everyone wants to buy when price has gone up 400% since the bear market lows. Not as many buy when price is depressed 75% from previous highs.

Buy into extreme fear and HODL. You'll outperform 98%.
Algorithmic Epiphany
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That's awesome
Yukon Cornelius
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AG
nortex97
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AG
Has robinhood been up to more shenanigans with traders, this time on the crypto side?

https://finance.yahoo.com/news/robinhood-markets-gets-sec-warning-125109985.html
Bag
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AG
curious what percentage of crypto holders actually download to cold storage.

quick poll I suppose

I do.
Drawkcab
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How much of your portfolio is crypto anyway?

I'm seriously considering converting 5% of my entire portfolio into bitcoin. How stupid is this?
Pepper Brooks
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AG
It's not stupid at all.

https://glxy.galaxy.com/hubfs/Asset%20Management%20Reports/GLXY_Whitepaper_Bitcoin%20in%20a%20Portfolio_2023.pdf
Yukon Cornelius
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AG
What's stupid is paying taxes to an entity that is going into debt to generate more cash to expand itself to collect more taxes.

You buying more bitcoin isn't stupid.
CC09LawAg
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Isn't that around the percentage people traditionally recommend you put into precious metals?

I think, even if you are someone who is hesitant to adopt Bitcoin or aren't a "true believer", it is at the very least worth it as a hedge to become a similar "inflation proof" asset against the way things are currently going.

So no, I don't think it's crazy.
carl spacklers hat
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I do
People think I'm an idiot or something, because all I do is cut lawns for a living.
Orlando Ayala Cant Read
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AG
https://www.instagram.com/reel/C6gqeohrZn8/?igsh=bWFkOXlqb2c1YXE4

Thoughts on this? If what he's saying comes to fruition does it render ETH towards a collapse?

I've been in ETH and BTC since 2017 so my gains are significant. If I trade ETH for BTC I'll have taxable gains I'm guessing?
GarlandAg2012
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AG
Who is that guy and why should anyone believe him?
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