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21521758 No.21521758 [Reply] [Original]

Is there a scenario where cashing out is actually retarded because the dollar isn't as valuable as cryptos you think?

No schizo shit.

>> No.21521797

Yes, its only a matter of when.

>> No.21521816

>>21521758
What do I even buy once I make it? Everything is in a bubble.

>> No.21521817

>>21521758
Yes. Wise consideration ... The us is treating the dollar like monopoly money.

>> No.21521837

>>21521797
About the only thing stopping it in my eyes is the fact that I can't buy a car, home, food, or anything else really with crypto yet.

>> No.21521845

>>21521758
If it’s real money it won’t stay in cash, it will go into real estate, stocks with less volatility than crypto, and so on.

>> No.21521875

>>21521758
you dont cash out to hold cash, you cash out to buy other assets like property and stocks or even possibly precious metals if you are a fat old retarded boomer

>> No.21521905

>>21521758
The dollar is crashing as we speak. Everything is mooning, from stocks to cryptos to fucking groceries. USD is a shit hold on any timescale

>> No.21521922

>>21521845
>>21521875
That's a good point.

>> No.21521925

>>21521758
you are starting to get it.

>> No.21521944

>>21521758
anyone that cashes out and leaves their cash sitting around is retarded. put it into an index fund and enjoy your safe 10% yearly gains.

>> No.21522008

>>21521944
Warren buffett is a retard?

>> No.21522461
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21522461

>>21521837
of course you can

>> No.21522502

>>21521758
>Is there a scenario where cashing out is actually retarded because the dollar isn't as valuable as cryptos you think?
Yesterday

>> No.21522560

>>21521758
I suppose if you have no plans to utilise the money in any way. If you already have loans against property or land it makes sense because you can pay them off and therefore secure the funds through the value of the assets. Or you could buy land outright with your gains as no-one is creating any new arable farmland anytime soon.
Not really worth it to pay off debt that is un-attached such as student loans in my opinion, because inflation will help you pay that off faster anyway.
Just dont leave it in the bank. That is what they want. Make sure you are doing something with it that will ensure that it maintains its value over time.

>> No.21522585

>>21521875
I like to buy silver so that I can larp as a pirate...

>> No.21522770
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21522770

>>21522008
No. He’s worse- a boomer.

>> No.21522789

>>21522008
Yes. His head has been out of the game for the last decade.

>> No.21522799
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21522799

>>21522585

>> No.21522808

>>21521816
You buy a really nice trailer to live in and work from

>> No.21523227

>>21521875
Fucking this. I cashed out all my ETH to just sit on the cash. Meanwhile ETH pumped 2x and I missed out on big bank. Don’t cash out unless you are putting the money towards something.

>> No.21523362

like right now? there is a difference between holding cash and cashing out to spend it. only idiots sit on cash, long term. however, you will be cashing out, in the short term, to spend it. the value of your crypto doesnt instantly go down when you switch to cash. even if the dollar is fucked, you will still get the equivalent value for your crypto obviously.