What do you guys think of OXT?
1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:
- Thread starter JordanWearinThe45
- Start date
So how do you profit?
by buying dips and selling highs of BTC
or just continually investing in BTC
heisenburrr
Have Fun Staying Poor
I keep seeing "its too late for xyz coin"
Its not too late for anything.
The space is super young.
Were spoiled with seeing these crazy gains...
...in normal times people are happy with a 5% growth in their portfolio.
Folks are now unhappy with seeing 100% gain over a year
I know right.. What a world..
Ezekiel 25:17
Veteran
Most definitely, just like I gotta be cool with losing $500.
That said, if BTC reaches 100k, I'm not gonna profit much. If BTC reaches 1 million though
For me personally, I've held for the most part. And, I would invest along the way, but mostly just holding. Don't want to play the game where I get burned. The project I'm most heavily invested in has been up significantly over the past month, and I believe will be in the top 20 in the near future. Grayscale believes that as well, no matter what Grayscale detractors say.
jilla82
Superstar
before you get into the more risky stuff you have to learn whats going on.
ETH is like $1.7K right now...
...most people in the space think by years end it will be somewhere between $5K (on the low end) - $20K (on the high end)...
...thats not good to you?
Most definitely, just like I gotta be cool with losing $500.
That said, if BTC reaches 100k, I'm not gonna profit much. If BTC reaches 1 million though
the thing is people are just using BTC as a way to store cash as a back up option; similar to Gold
ETH is programmable and and applications can use its interface to build interesting things, but I haven’t really seen any crypto apps take off in the real world yet
Also ETH doesn’t have the cap of 21 million coins like BTC, so it stands to reason that it will never reach the heights of Bitcoin
These are just my thoughts....trying to figure out if I should Dollar cost average bitcoin or Ethereum
like you said the maximum return for bitcoin this year will probably be 100%; and it probably will be. Lot less than that
Ezekiel 25:17
Veteran
I'm a long holder type, so I'd say it's good, I'd have to keep dropping money into it.
Right now I'm about to sign up for Binance to get into Cardano.
Long term I'll be BTC, ETH, and ADA
jilla82
Superstar
this is the way
Last year I did the same thing as breh in this Tweet.
Once I saw the opportunity in BTC and the rest...I did nothing but work and save my money
I obsessed to the point I had a friend sit me down and ask if I was depressed because I wasnt out chasing p*ssy.
heisenburrr
Have Fun Staying Poor
Damn breh... Grayscale funds are littered with garbage assets... don't tell me you're betting the farm on Zcash or worse... Horizen :/
itsyoung!!
Veteran
What do you think it is?
Do people not read on here? The post I quoted said he just bought in and is ready to sell already - do you not qualify that as less than a year
They have some that I believe are garbage, but Horizen is actually a great project with a great team and solid backing.
I'm not a fan of ZEC, MANA, and ETC, but I do believe ZEN is a great project with great use. They have the backing of Celsius as well.
However, that's all I'll say about it in here as I'm not going to shill projects I'm in. If you do not like Horizon, then we'll just have to agree to disagree.
.
itsyoung!!
Veteran
If you bought through a brokerage like coin base or robinhood then yes you will have to pay taxes on bitcoinWe don’t pay tax on bitcoin
why are people mad at me for bringing up taxes
do posters here not know you have to pay taxes on crypto currency’s now 
So far it's ok kucoin, kraken, maybe binance us idk, and voyager. Voyager so far the simplest way to buy it to me cause of ach, although I like trading it on kucoin when I make some gains.What exchanges are you using to purchase Cardano? Logged into my Gemini account back from 2017I'm trying keep shyt as simple as possible , not tryna use 3-4 websites.
Y'all ever try that Gemini credit card that gives 3% back in bitcoin?
That's if you cash out tho, there going to have to come up with some major regulations for people who purchase shyt without cashing their shyt out. I know for me I only cash out small amounts that really don't mean shyt. But I wouldn't directly cash out more than 20k and because I've had it so long it's long-term capital gains tax, but I'll put that money into trading cards and write that shyt off anyway. fukk american taxes, they take all that money and can't be bothered to even fukking fix our roads n shytIf you bought through a brokerage like coin base or robinhood then yes you will have to pay taxes on bitcoin
why are people mad at me for bringing up taxes