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Forum ยป Anyone selling some crypto now?
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Thread: Anyone selling some crypto now?

post 1638832943 05-18-2021, 07:49 AM
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  1. redmelly
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Anyone selling some crypto now?

Not ready to let go of any BTC but decided to sell some ETH.

Bought $500 worth of ETH a year ago.
Sold for $7694 today.

Not a bad return.
post 1638833343 05-18-2021, 07:55 AM
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  1. FinBra
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Ran up 2K to 30K, been scaling out past few months - only 5K left in. Feels real toppy - and this is a market you wont be able to sell in when you need to so best to take profits on the way up
post 1638833443 05-18-2021, 07:57 AM
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#3
  1. redmelly
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Originally Posted By FinBra⏩
Ran up 2K to 30K, been scaling out past few months - only 5K left in. Feels real toppy - and this is a market you wont be able to sell in when you need to so best to take profits on the way up
Still debating whether to sell some of my 1 BTC. I can see it dropping to 30k and not sure I want to wait it out several years to get back up to the 60k range. Tempted to sell about .25 of a BTC today.

Waited until I held for a year to avoid short term cap gains.
post 1638833493 05-18-2021, 07:57 AM
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  1. wickedman
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My silver collecting the last few months about to make me one of the new era elites. Think a lot of the money exiting Crypto will head there. In addition to the stock market inevitable collapse.
#FreeCryptoBandit
post 1638833583 05-18-2021, 08:00 AM
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  1. redmelly
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Originally Posted By wickedman⏩
My silver collecting the last few months about to make me one of the new era elites. Think a lot of the money exiting Crypto will head there. In addition to the stock market inevitable collapse.
Would you sell all that has been held for 1 yr? I refuse to give the government long term cap gains tax which would be almost half, so I'll hold the rest until then at least.
post 1638833983 05-18-2021, 08:06 AM
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#6
  1. Jax05
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no just bought some more yesterday
Don't hit at all if it is honorably possible to avoid hitting; but never hit softly.
post 1638834143 05-18-2021, 08:08 AM
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  1. redmelly
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Originally Posted By ispy⏩
don't forget to pay your taxes
Yep prepared for the shake down.
post 1638835413 05-18-2021, 08:27 AM
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#8
  1. wickedman
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Originally Posted By redmelly⏩
Would you sell all that has been held for 1 yr? I refuse to give the government long term cap gains tax which would be almost half, so I'll hold the rest until then at least.
I waited until any of my Crypto was clear of the 1 year mark as well, I'm of the same mindset as you, I'd rather lose more money than I'd get by selling it prior to 1 year if it means the government not leeching off of me with outrageous taxes.

Edit: Unless I misread, your reps went up 2000+ wtf.
#FreeCryptoBandit
post 1638835963 05-18-2021, 08:35 AM
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  1. OnlyMiscNotFit
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Buying more. Thanks for the discount
post 1638836683 05-18-2021, 08:45 AM
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  1. FinBra
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Originally Posted By ispy⏩
don't forget to pay your taxes
Cost me a G this year, next year will skewer me as I did most my selling in 2021.
post 1638837543 05-18-2021, 08:57 AM
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  1. redmelly
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Originally Posted By OnlyMiscNotFit⏩
Buying more. Thanks for the discount
I've bought many a dip.
post 1638839313 05-18-2021, 09:22 AM
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#12
  1. PenorBrahNoHomo
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I think this is a terrible time to sell. The dip is only based on Elon Musk, a few targeted bad news stories and people losing their nerve. Should have sold a week ago, but you were probably getting greedy then.
post 1638839603 05-18-2021, 09:26 AM
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  1. jlick
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Originally Posted By PenorBrahNoHomo⏩
I think this is a terrible time to sell. The dip is only based on Elon Musk, a few targeted bad news stories and people losing their nerve. Should have sold a week ago, but you were probably getting greedy then.
lot of fear in the market right now. more than ever actually. I'm buying on the dip. Going to lol when my buddy who sold his at 48k is crying about btc being 100k in a couple months.
-You are only as strong as your weakest link-
post 1638839923 05-18-2021, 09:31 AM
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Yep no clue why you would sell now, now is the time to buy
post 1638840093 05-18-2021, 09:33 AM
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Selling now is retarded, you should've done that like a week or two ago.

Hold on for the crash and average down by buying back in when BTC is around 20k.
@kadoobiedo
post 1638840233 05-18-2021, 09:34 AM
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Definitely not selling. But I don't have any bitcoin. Only other coins.
Always Neg Back Crew.
post 1638847203 05-18-2021, 11:09 AM
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  1. redmelly
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Originally Posted By Kadoobiedo⏩
Selling now is retarded, you should've done that like a week or two ago.

Hold on for the crash and average down by buying back in when BTC is around 20k.
This right here. Can always get back in when it gets back down to 20k.
post 1638847443 05-18-2021, 11:12 AM
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  1. redmelly
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Originally Posted By Kadoobiedo⏩
Selling now is retarded, you should've done that like a week or two ago.

Hold on for the crash and average down by buying back in when BTC is around 20k.
A week or two ago someone would have said selling is retarded. At 200k someone will say selling is retarded, wait for it to go to a million a BTC.
post 1638849783 05-18-2021, 11:40 AM
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I'm buying right now. Added more to my XRP and HBAR bags. LEZZGO!
post 1638853063 05-18-2021, 12:25 PM
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  1. FinBra
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As someone whos made a chunk and is scaling out - I gotta ask those who are buying now: where does the rest of the money come from. IE whos going to hold your bags? Less and less stimulus on the horizon. Market caps of rando coins already look inflated. Someone sell me the idea that crypto market (and all markets right now) aren't toppy.

EDIT: and I don't mean just BTC (because you may cite its recent crash) - alot of money moved from DODGE to Cardano on the Mustk tweest about POS, so some money is swinging rather than a net sell off of crypto.
post 1638853333 05-18-2021, 12:28 PM
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#21
  1. DrugsToGetBig
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imagine selling any crypto right now


buy more and hold
*Forever Alone Crew*
*Neg FireofAss Crew on SIGHT Crew*
post 1638853553 05-18-2021, 12:31 PM
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Originally Posted By FinBra⏩
As someone whos made a chunk and is scaling out - I gotta ask those who are buying now: where does the rest of the money come from. IE whos going to hold your bags? Less and less stimulus on the horizon. Market caps of rando coins already look inflated. Someone sell me the idea that crypto market (and all markets right now) aren't toppy.

EDIT: and I don't mean just BTC (because you may cite its recent crash) - alot of money moved from DODGE to Cardano on the Mustk tweest about POS, so some money is swinging rather than a net sell off of crypto.
well for me, it's the simple fact that the vast majority of people don't have any crypto yet.
-You are only as strong as your weakest link-
post 1638853633 05-18-2021, 12:31 PM
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Lmfao thanks for giving me cheap buying opportunities OP

ETH is going to $8k EOY
Misc photography crew
Chicago crew
Polski crew
Throw keys on bench to claim it crew
6'2" 193lbs crew
#MMGA
post 1638853873 05-18-2021, 12:34 PM
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Originally Posted By DrugsToGetBig⏩
imagine selling any crypto right now


buy more and hold
I've been getting a little uneasy with all this phuckery that the Government is going to start rolling out regulations and shyt.

Kind of unsure I right now if I want to continue making sizable purchases.
post 1638854163 05-18-2021, 12:37 PM
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#25
  1. CulturalDecay
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Yes - sell so I can buy cheaper please.


This is the best part of the crypto market - the majority of investors are total financial idiots and have no experience with investing. This is the most fascinating part of the "social media-fication" of investing, morons who know nothing, buying whatever "cool" thing everyone else is buying, thinking its a get rich quick scheme....with their little $500 investment accounts.

Sell it *******s. Give it to me.
post 1638854213 05-18-2021, 12:38 PM
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Nah. I think we keep going up later this year.
post 1638854733 05-18-2021, 12:45 PM
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Originally Posted By jlick⏩
well for me, it's the simple fact that the vast majority of people don't have any crypto yet.
This. Including large institutions.
post 1638855223 05-18-2021, 12:51 PM
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I will sell when ETH goes to 10k
n4l
Rayaarito
fappin
r32gojirra
post 1638855683 05-18-2021, 12:57 PM
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#29
  1. digital022
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Nah, just making sure I'm not overleveraged and going to continue to buy.
Your schtick sucks and it screams insecurity.
post 1638859893 05-18-2021, 01:45 PM
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#30
  1. FinBra
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Originally Posted By jlick⏩
well for me, it's the simple fact that the vast majority of people don't have any crypto yet.
So your answer is you still think we're early on the ponzi, amirite?

I'm thinkng we're later

EDIT: My best anecdoate is boomer neighbors talking about dodge within the past week, reminds me of shoe shine boy. Makes me think the easy mines been made.
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