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re: Official CryptoTalk Thread

Posted on 1/23/21 at 7:08 pm to
Posted by James11111
Walnut Creek, Ca
Member since Jul 2020
5492 posts
Posted on 1/23/21 at 7:08 pm to
quote:

I pulled 75% of my investments and put into crypto


Well, that's definitely too much, but I think it will work out for you in the end.
Posted by tduecen
Member since Nov 2006
161245 posts
Posted on 1/23/21 at 7:11 pm to
I just wasn't sure how things would be headed so anything that wasn't in the red got pulled

I'm up currently and will consider how things go
Posted by lsu777
Lake Charles
Member since Jan 2004
36508 posts
Posted on 1/23/21 at 7:16 pm to
shite, you already up. You prolly gonna go down a little here next day or so, but gonna moon to 45k+ prolly on this next bull run imo, prolly closer to 50.
Posted by tduecen
Member since Nov 2006
161245 posts
Posted on 1/23/21 at 8:30 pm to
I'm planning on BTC being more profitable over the next 6 months than normal investments I was in
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 1/23/21 at 8:31 pm to
Bigger balls than I.

If I yolo’d 75% of my portfolio and it 5x’d, I’d cut my time to retirement by 2/3
This post was edited on 1/23/21 at 8:33 pm
Posted by tduecen
Member since Nov 2006
161245 posts
Posted on 1/23/21 at 8:35 pm to
I think BTC will be 50k by the end of the summer which would be fantastic
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82019 posts
Posted on 1/23/21 at 8:53 pm to
quote:

I'm planning on BTC being more profitable over the next 6 months than normal investments I was in

This is my thought when it comes to investing right now. A great year in the S&P is ~20% gains. It is damn near impossible to pick individual stocks to beat the market, but even if you hit a miracle and do, lets say your stock bucket overall gains 25% for the year - incredible numbers and so much higher than an average year. What would it mean for Bitcoin to hit those levels - $40,000. Ask yourself if you think Bitcoin will be above $40,000 by end of year. Let's give it the benefit of the doubt and say lets calculate from the Bitcoin highs of $42,000 - 25% gain would be $52,500.

I think its a slam dunk Bitcoin will be above $40,000 end up year and an almost certainty it will be above $52,500. Because of that, I'm not putting a single dollar into stocks outside of my company match 401k.
Posted by tduecen
Member since Nov 2006
161245 posts
Posted on 1/23/21 at 9:13 pm to
I did 234% on Webull in 2020 and that is with not starting till April. I believe BTC will double that
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 1/23/21 at 9:22 pm to
You buying MSTR in IRA and HSA?
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82019 posts
Posted on 1/23/21 at 9:46 pm to
quote:

You buying MSTR in IRA and HSA?

Yes, if I'm self directing IRA and HSA, my funds are going into MSTR or GBTC. Although the latter has a very high premium right now. I got in it heavy back when it was $9.50 and the premium was only 7%. Another option is throwing it all into MSTR and waiting for the eventual Bitcoin ETF to come out.
Posted by DallasTiger11
Los Angeles
Member since Mar 2004
13316 posts
Posted on 1/23/21 at 10:16 pm to
ETHBTC looks like it’s about to double
Posted by bluebarracuda
Member since Oct 2011
19121 posts
Posted on 1/24/21 at 9:52 am to
Got the mining server up and running. Getting ~$12/day from this and $5/day from my gaming PC when it runs 24/7

Posted by tigermed
Member since Nov 2007
438 posts
Posted on 1/24/21 at 10:04 am to
Is that before or after cost of power?
Posted by bluebarracuda
Member since Oct 2011
19121 posts
Posted on 1/24/21 at 10:11 am to
after
Posted by CrystalPreserves
Member since May 2019
3955 posts
Posted on 1/24/21 at 10:20 am to
ETHUSD looks like it’s about to cut down to half
Posted by boomtown143
Member since May 2019
9407 posts
Posted on 1/24/21 at 11:18 am to
Nice little pump for ETH this morning
Posted by rocket31
Member since Jan 2008
41880 posts
Posted on 1/24/21 at 12:38 pm to
anyone holding aave? truly seems to be the winning play the last few months
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 1/24/21 at 1:04 pm to
I missed out a few months ago. Knew about it, went into ETH and BTC more instead
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82019 posts
Posted on 1/24/21 at 1:18 pm to
Keep stacking, you will be rewarded for it
Posted by Htown Tiger
Houston
Member since Sep 2005
2325 posts
Posted on 1/24/21 at 2:53 pm to
quote:

anyone holding aave? truly seems to be the winning play the last few months

Any insight into the future of this one? I finally got back into an old Binance account of mine that hasnt been logged into in about 2 years and apparently I own about $9k of this.
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