Initial: $75k High: $1.1m Current: $75k (but took some out for rent and living)
18 months of daily trades and slaving away in front of charts, all for fucking nothing. What a fucking joke, I'm selling the rest of what I have and putting it in stocks and real estate.
So glad that I've read that one post describing a long term investing strategy I applied. Cash out half, enough to buy a house, and stop actively trading the other half. Wait indefinitely for your investment to raid into success with no stress due to your comfy money cushion.
Could've cash out more at the start of the year, but have enough to don't care about violent Chainlink swings. $1000 ... eventually ...
i got into bitcoin when it was 220$ early 2015 invested in shitcoin since, got big bags of XP and PAC, sold in january at ATH got BNB and TRON when their ICOS and never sold, still holding, holding about 180 BTC Holding about 450 SV just in case CW is satoshi and SV flips BTC i havent work since 2015 and i got fat as fuck. thinking on losing weight and liposuction. i will consider suicide only if BTC goes to 1000$ and BNB and TRON loss lots of its value. Im still happy, at home, order online food and dont go outside much. thats me /biz Love you guys
Cameron Clark
>18 months of daily trades and slaving away in front of charts, all for fucking nothing. What a fucking joke, I'm selling the rest of what I have and putting it in stocks and real estate.
So you made a million dollars and instead of blaming yourself for not selling the top and taking profit you blame the market for falling? You expected it to go up forever? Pathetic. Utterly pathetic. Volatility is what makes these markets so great. You only have yourself to blame.
unless you are a boomer and own property you shouldnt pay taxes if you don't have stuff the jews can seize
Evan Barnes
>i got fat as fuck CMON /FitBiz/ Master race TWO SCOOPS Hit the gym user, get those non-financial gains
Nicholas Brown
>larp
Ian Cruz
You are thinking in the right direction goy
Camden Morris
What is your tax liability this year?
Benjamin Anderson
jews can just say you owe $X in backtaxes + $Y for late penalities + $Z fine for not reporting it have fun liquidating all your savings/investments and going on a payment plan to afford it
No larp motherfuckers. And as for tax, I did something that may be either smart or stupid. After buying BTC with my initial 75k, I shifted it through Monero then back to BTC anonymously, and have been trading with fake accounts ever since. Don't think its illegal and definitely absolves me of any liability. Fuck the government, tax is theft.
Tyler Perry
hahah, what a fucking dumb faggot you are. t. cashed out at ~16k
Luke Bell
how could you disappoint your waifu like that?
you think the marines that stormed hill 362 didn't doubt themselves on the way??
are you really going to be such a pussy after everything you've sacrificed??
you think that the best traders haven't had rock bottoms?
Are you even keeping a trading journal so you can find out what you are doing wrong?? You realize if you are losing consistently then YOU ARE doing something above average.. it's just you're doing the opposite and getting hypnotized by the matrix.
1. If you moved all of your money from a named account to an anonymous account, in the eyes of the IRS you have liquidated your entire account. So instead of owing taxes on just on (capital gain - new cost basis), you owe tax on all of your capital gains without taking the later deduction.
2. By moving it into an anonymous account, you display what is known as "cognizance of guilt"; which means if they ever do catch up with you, they will be able to prove you did it in order to cheat taxes, which means a lot more problems.
Cameron Hill
god fuck the IRS jesus christ
imagine if they taxed you just for moving your bank.. imagine if they wanted records of every fiat transaction
Josiah Young
But when you move money from bank to bank, they have a record on both ends, so they know it's not taxable.
What this person is describing is intentional tax evasion, which is something they take seriously.
I'm not saying they are GOING to catch him, but if they do they will fuck him over seriously as a warning to others.
Easton Harris
k but if you move money from your piggy bank to under your mattress there is no record adn those funds could easily have been used to fund illegal activity
i know the IRS has a long dick but the point is they are gay af
Thomas Fisher
>Initial 5k >ath 1.05M >cashed out 178k >current 50k
Feels.... bad
Michael Robinson
This is exactly the type post I needed to see for confirmation. Been hearing from normies how Bitcoin and Ethereum are going to zero lately. Literal 3 normies in the past 3 days have brought this up that I know. Bottom could be in.
Leo Collins
yeah but the fact you feel that way means you haven't capitulated yet
i thikn we know that things could get a lot darker and the darkness of 2015 might not even compare (government) and only when crypto overcomes that could it shoot to the moon
Jose Cox
It doesn't matter if I feel like I've capitulated or not.
Zachary Ross
no i mean if you haven't then there's a good chance other people haven't as well
like the theory is that when the bottom is in people wont even be talking about a potential bottom
just a theory and trust me i don't want the worst case scenario
Wyatt Stewart
Are you saying that moving bitcoin from an exchange to a personal wallet is a taxable event? I never heard about that rule before
Oliver Gutierrez
>daily trades and slaving away in front of charts,
what the fuck are you doing??? The way to win this shit is riding waves for weeks or months at a time, then cashing out on a market-wide bull peak.
Chart-watching will send you insane, literally.
Sebastian James
We headed to mars frens
Lincoln Collins
I'm prepared for the worst, but I think we're in for a small rally.
Ethan Jones
Inital: 5k ATH: 1,8m Current: 1,5m
Cocain addicted now. I need 3gramm Cocain a day. I'm all day horny as fuck. I Spent 1000 Dollar a day on hookers, but my dick dont get hard anymore.
I want to die.
Nicholas Taylor
>Chart-watching will send you insane, literally. i just scalped 5 percent come at me bro
that's good.. im not.. yet.. hopefully if it happens ill be ready by then.. the super statist bootlicker lawyer guy says he thinks a crackdown will happen in 2020 so maybe that even gives time for new innovations to be ready by then
Henry Bennett
This is a hilarious yet adequate comparison.
Alexander Carter
it's the truf dawgy
you could have bought drugs in between breaking the piggy bank and hiding your cash underneath your tempurpedic
should we meme this on twitter somehow?
Jack Miller
>18 months of daily trades I sure hope you paid your taxes.
Luke Evans
one thing left, pay ur taxes and then you're in the red faggot
Alexander Miller
>americans >not deducting losses >worshipping trump even though he did this to you
whenever someone smugly points out that "you better pay your taxes" they are actually sycophantic bootlicking muts that are closet leftists