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re: Official CryptoTalk Thread
Posted on 2/28/24 at 9:06 am to Hateradedrink
Posted on 2/28/24 at 9:06 am to Hateradedrink
I have a list of things that I need to pay off or buy that are peace of mind type purchases, like some debt and my years of active service to add to my retirement, things like that.
If I hit that number, I am out regardless of where we are in the bull market. If its tomorrow and I think there is another year left, enjoy the run guys
ETA
and to cover the taxes for selling that shite
If I hit that number, I am out regardless of where we are in the bull market. If its tomorrow and I think there is another year left, enjoy the run guys
ETA
and to cover the taxes for selling that shite
This post was edited on 2/28/24 at 9:16 am
2
Posted on 2/28/24 at 9:49 am to RATeamWannabe
You and I basically have the same mindset.
As an aside, I think something else being lost in the discussion here is the level of inflation that has occurred between now and 2021. I don’t think there’s ever been as much inflation inbetween cycles.
65k in 2021 is 74k in 2024. That complicates certain concepts and targets.
As an aside, I think something else being lost in the discussion here is the level of inflation that has occurred between now and 2021. I don’t think there’s ever been as much inflation inbetween cycles.
65k in 2021 is 74k in 2024. That complicates certain concepts and targets.
Posted on 2/28/24 at 10:43 am to RATeamWannabe
quote:
If I hit that number, I am out regardless of where we are in the bull market.
Everyone in this thread should have a plan like this. Set targets and stick to them. My first Solana target was hit a few months back, and that paid for a new bathroom. Sure, I missed out on some more money, but I had my target set and cashed some out.
Amen, frick taxes. At least I'm in long-term gains territory and not short term gains.
quote:
65k in 2021 is 74k in 2024. That complicates certain concepts and targets.
I think the unadjusted number is important for headlines and psychology, but yeah, the adjusted number is the one smart people should keep in mind.
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