/biz/ - Business & Finance

>>6094058
we still got a long way to go bby

Happy for you bro.

We're all gonna make it bros.

I'm going to be able to cure my chronic autoimmune issues.

>>6094058

gj bb me luv u long time
fucky sucky

>>6094058
we're gonna make it, anon. just hold tight.

>>6094058
wish you best crypto gainz for this year!

>>6094058
Literally me 4 months ago.
Now I can't sleep because I've got 2 years of wage on shitcoins that move 30% in a few minutes.
I get mad at every bad trade.
My gf complains I spend too much time on the computer.

Enjoy your gains while it's comfy, you'll become a greedy kike just like all of us soon.

I need to go back to buy and hold or I'll lose my health and sanity soon.
The money is good though, started with 1.5k now 40k.

>>6094058
Screw that, dont cash everything out to move them, that's wasting your gainz. Wait till you have lambo money... then move them. No point in moving them and then being poor again right away. Plus poor people tend to keep poor people mentality. They don't understand how to keep money, they will waste your gainz on dumb shit. So don't just give it away, that's irresponsible

Intending to pay for my family's house with potential gains, how fucked will I be by the IRS when I try to do that?

Save up my goal and cash out all at once or cash out periodically?

>>6094230
Pay your capital gains and you won't be fucked at all.

>>6094362
How best to calculate that? I've been led to believe I need to keep track of every trade I do. Is it not as simple as just paying whatever percentage of what I withdraw? Burger, btw.

>>6094058
No problem
Now
Sned bobs n vagene

Done ever fully quit crypto. BTC alone might reach the market cap of gold one day. It's a tiny chance but all bets are off in crypto. We are all going to make it my friends.

>>6094216
I'm definitely in it for the long run. I won't let my old man work his labor job till he's in his late 60's. I get what you're saying though. My mom still thinks it's a scam.

>>6094451
Bitcoin.tax cointracking.info. I used cointracking and it is a lifesaver. You can import exchange apis, or upload their csvs.

Don't diversify OP. Link is literally just finding its legs. Hell it's gone up 12x and the TESTNET hasn't even been released yet. Imagine what will happen when the MAINNET is released later this year. If you can get control of your emotions and hold on for another six months you'll be in an even more incredible place.

This thread legit made me cry. I hope you're not fucking lying OP.

>>6094577
Thanks, friend.

>>6094549

i will be rooting for you, stay in link, amazing things are going to happen this year.

Hit 300k today and I just wan't more. Fml Im greedy jew now.

>>6094451
It’s been said hundreds of times by now. Any trade you make a profit on is counted as a taxable event. The irs doesn’t give two shits you are reinvesting the coins profit. They still want their taxes on that $500 profit you made between trading in and trading out.

For 2017 you can try to fight for like exchange, but you’ll be fighting the irs to accept it as such. And they love their money.

we are all LINKed in this together. lets keep it going.

>>6094756
I haven't started yet

>>6094816
When everything is dipping is a good time to start, as long as you get in close to the end of the dip or are in it to hodl.

>>6094741
cash out 100k
restart portfolio with 100k
invest 100k in long term investment, like house

go go go go go

>>6094941
Why cash out in the first place just to reinvest into crypto then? You will just create more taxable events.

>>6094896
I'm neewb and an economic brainlet. I'm going to hodl on Doge and play with Litecoin. Nothing too crazy. Only gonna throw in about $100. Good plan?

you did well anon, bought at the bottom and you didnt fall for the FUD.

proud of you, we're gonna make it.

>>6094058
Every time I come to /biz/ I lose money. You're welcome /biz/.

>>6094987
>Doge

Yeah, if a fucking Bazinga coin can make it than Doge will be a save bet too. This market doesn’t make any sense anyway.

>>6094981
See
>>6094756

Also because you can invest 100k instead of investing whatever lesser amount it was initially.

>>6094987
It could be or maybe not, you’re on your own to do your research or however you decide. only throw in what you can gamble, lose, and not worrry about.

>>6094058
Why the fuck would you "research coins to diversify"? Just keep it all in LINK the train hasn't even left the station yet.

>>6094756
I'm from Canada and I don't think it works like that here.
Pretty sure it's simplified.

>>6094941
>invest 100k in long term investment, like house
>100k
>house
hahaha

>>6095277
I think he meant a downpayment

>>6095266
I can only speak for burgerland. No idea how it works for our hat.

>>6095229
only throw in what you can gamble, lose, and not worrry about.
Already in that mindset, feiendo. What's $100? I spend more on that getting my dick sucked. Might as well toss some into this. Not like I can lose more than what I put in, right?

>>6094110
heck ya thats the spirit
youre gonna make it

>>6095244
I'm not going to diversify by selling my LINK. That would be stupid. I know Chainlink's potential. It would be cool to have two coins that are both popping off though. What I meant by that was buying into another coin with my own money from my job.

Been eyeing REQ. Thoughts? Looking for long term gains.

>being diversified lol

>>6095813
>youre gonna make it
thanks bro you too

>>6095990
this is perfect exept for the fact bateman says paul allen's card instead of portfolio