/biz/ - Business & Finance

>>21147117

If not larp, fucking congrats anon. I'm only at $200,000 but I hope i'll be there soon. Not bad for a 6k investment though.

Based

good enough to screenshot good enough to sell. But seriously take 1/10 off the table and maybe every $10 after that take another 1/10

its strange having theoretically 13 Million dollar, but strangely not as irritating as the first 2

Anon, cash out and put it in an index fund. I was a millionaire in 2017 in paper and I never cashed out and bottomed out at less than 6 figures. Its literally biggest regret in my life. You made it, make sure to reap your rewards

>>21147117
another post to my collection of things that didn't happen.

>>21147336
How the fuck do you even cash out? If a million dollars just shows up into my bank account I'd expect to get v& within the hour

>>21147571
the IRS will be fine with it as long as they get their cut

>>21147571
>How the fuck do you even cash out?
you cant

>>21147117
Crypto millionaire. Paper millionaires will soon all be poor thanks to the fed.

>>21147336
This. I advised my family that I had cashed out 200% my original investment and would be letting the rest sit untouched, and most did the same. They're mad that they "lost out" on that extra 20% gain from letting it sit, but the fact is that retraces happen and it's best to periodically take profits to solidify your gains rather than losing to a hopium overdose. Iron hands, not diamond hands. Don't shatter yourself with your own grip.

okay, realistically, what's after this? Will it drop back and crab around 10/11 dollars or keep mooning? Got $500 and I'm debating whether to throw it all in link or not.

>>21147571
Seriously I'm asking the same thing. I'm poor, my family is poor. I can't just get like $500,000 deposited to my account. Wouldn't I be investigated for drug dealing or stealing or something?

>>21147571
>>21147631
You hire an accountant to help you legally offset the gains and maybe a tax attorney but you most certainly CAN cash out.

>>21147878
>investigated
So what? The paper trail exists, you've done nothing wrong.

>>21147821
This much money pumped into link in just one day has to be institutional... i just has to be. its not wages doing this. i would guess we drop back down, then pump after whatever the insider news is thats pumping it right now.

>>21147878
No you retard. If you have a paper trail going back to your initial investment then it's obvious you just made a good play. Just sell the max amount your broker lets you every day.

>>21147937
Hopefully we'll get to the point where people can just keep their shit in crypto, or at least stablecoins, and pay for almost everything on the blockchain. Only taking small bits out here and there for bills

>>21147981
Jews are cashing out of the stock market and buying into LINK.

This is your final warning.

>>21147981
This is nothing. Wagies just had money from payday to market buy link.

>>21147117
we're out of the shadows

>>21147981
back down to ~12.90 on trading view

>>21147981

It was a liquidation of 1.5 million Link.
despite the wash trading, crypto is quite thinly traded. that much real link being liquidated is enough to cause a very big spike.

>>21148141
this

>>21147571
Go to any decent bank and make a new account with the intention of cashing out a decent amount of crypto into it (tell them). Just dont put the money in your everyday poorfag account

>>21147942
>>21147999
that's the problem, I have no trail, I used to trade everything on my old wallets on my iPhone that I no longer have and a lot of my trades were on cryptopia which no longer exists

>>21148275
As long as you pay the correct amount of taxes on your capital gains I don't think the IRS is going to give a shit if you can't account for every trade.

>>21148275
then you're fucked good job anon, I would advise you, if you were clever, to sell it all into either USDC or PAXG (gold-backed) and get a crypto credit card and live off of it. NEXO and crypto dot com has cards like these.

>>21148875
He is not. ALWAYS pay your taxes. The IRS will find out eventually, and they'll charge you asshole levels of interest for all the years you delayed paying. They don't care if you made it from working a 9-5 or from selling coke. Pay your taxes.

>>21149021
Pretty much. It's like gang protection money, they dont give a single fuck where it's from, as long as they get to wet the beak.

>>21147821
Probably $15-$20 by the end of the month conference and then a retrace.

>>21147117
>and i don't know how to be rich.
I feel that anon.

>>21149021
Interest on inflated dollars that have lost half their value. Sounds like they can really wreck you.

PLEASE GUYS GIVE ME SOME LINK I'M DESPERATE
WILL POO ON JANNIE FOR THE LULZ

0xcae4ca0bdc6d8f020b52c55b11dc19c5bf92dd4b

>>21148141

>>21149404
Just sent 1 Chainlink, might take a while cuz of gas fees and clogged network

>>21149021
I got a ahead of myself. If you're funding a credit card with USDC/PAXG then you're forced to pay taxes on that trade. Anon could fund a crypto credit card with LINK but he risks the volatility, unless he opens a hedge on LINK on a DeFi platform.

Sell now and partially cash out keep rest for shorting markets when economy collapses in next 6 months from consequences of fake virus lockdowns.

>>21149471
THX u man rly appreciated, will poo on jannie and make a thread for them to clean up, if someone give me more appreciate thx