/biz/ - Business & Finance

>>2230458
Bitcoin is a ponzi scheme.. That doesn't mean there aren't droves of retards that will buy it now and make you money.

I actually get excited about threads saying it'll crash. I get that there could be a change in sentiment but I'd still take the chance and take a significant position in Eth.

>>2230458

Crypto is literally a dead end. Not one of these Bitcoin millionaires has been able to cash out more than $10k without the IRS and FBI chasing them down. Entire lost bank accounts over all the sketchy shit crypto is associated with.

I'll still laugh while ignorant NEETs pile money into pump and dumps and get all excited over gains on paper. Can't wait for the horror stories all over the internet to roll in if they ever try cashing out.

>tfw only 3k in crypto right now
>tfw when got into trading alts just after all the really big moon missions like ETH and XRP
At least I made a little money on XVG and RDD.

>>2230486
This is some high quality cope.

>>2230468
I'm a nocoiner like yourself, but do you even know what a Ponzi scheme is?

>>2230486

implying you ever have to cash out

>>2230458
Anyone else identify as a 'nearly' man? Never quite got what it takes. I was on the verge of buying eth last year at $5 when everyone on biz was shilling it. I also wimped out of buying bitcoin when it was at 200.

>mfw all I want is to turn my $2k into around $6k so I can buy a decent campervan to live in

>>2231005
Why don't you just buy it now then since it can only go up up up!

>>2230486
>mfw the shit nucoiners say

the IRS taxes it as capital gains, they wont investigate you for buying an asset

>>2230486

Either troll or just ignorant hate filled envy.

It's really easy to cash out and you just have to report your gains in your taxes and pay it.

>>2230458
I was too young to understand how much money goes into managing money, and too poor to throw money away.

Now that I can recognize the potential of an infinite and perfect memory? I put in a couple k and will probably continue to until I've acquired a few more BTC. No lamboland for me, but despite the market manipulation, it's doing nothing but trending upward as adoption increases. I'd be a fool not to try.

>>2231119
>i don't have any coins goys

>>2231122
but I do goy

OP said <10k, I'm in it for 2.5 right now.

>>2230458
Weak hands here, sold for small gains, lesson learned i guess

Give me just . 01 btc someone

>>2230486
It's really not hard to cash out with coin base. Just send your BTC into your wallet and convert to USD, then send to your bank account. You can convert up to 15k a week....

Why does everyone keep saying you can't cash out? It's easy as hell. Also what's wrong with paying taxes? I literally made 80k in 8 days with DGB, so what if I have to pay income tax on that? It's called INCOME tax, it's kind of bullshit, but it's a tax we have to pay on INCOME.

>>2230486