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Posted on 4/29/21 at 9:02 am to ronricks
I held VGX a couple of months ago and dumped it because I didn't like the experience of the app. The long deposit & withdrawal times, no integration with accounting applications like Accointing (not even a simple open API for the application to call), no way to export transactions to CSV. I asked for an export of my transactions, which was supposed to take 5 days, and never received it. Once I got onto KuCoin and other exchanges I wasn't a big fan of Voyager. I was wrong, people seem to love it and I could have made some money 
In other words - don't look @ me for advice, I'm an idiot. But there are smart people to listen to.
In other words - don't look @ me for advice, I'm an idiot. But there are smart people to listen to.
This post was edited on 4/29/21 at 9:13 am
Posted on 4/29/21 at 9:15 am to lsu777
quote:
oh and Trias is running again, green dildos everywhere
Trias green bars be like
Posted on 4/29/21 at 9:17 am to burgeman
quote:
We used to be efriends too, add me on facepage hulk
i dont remember your irl name.. shoot me an email
Posted on 4/29/21 at 12:02 pm to Hulkklogan
So around what percentage of you guy's portfolio is in crypto? I have the feeling that crypto will only get bigger in the future, but the volatility has me hesitant to throw too much in to it. I feel like I should focus on something more stable like ETF's and bluechips, but that will take some time to accumulate. I currently have some money into BTC, ETH, ADA and ANKR and will probably invest more into BTC and ETH going forward. The others I just put a little money in to see if I get lucky.
Posted on 4/29/21 at 12:07 pm to Mikes My Tiger
100%, just it’s not all in stuff that’s volatile.
Good portion of it sitting in stable coins generating interest
Good portion of it sitting in stable coins generating interest
This post was edited on 4/29/21 at 12:18 pm
Posted on 4/29/21 at 12:19 pm to Mikes My Tiger
That depends on if you are staking and earning interest or not.
But in general I would say keep you 401k or Ira in traditional. Pretty much everything else go to crypto. For most that's gonna put then at a nice 75% traditional, 25% crypto.
Now if you are buying btc or something similar, staking/lending to generate a good apy.....well then throw more into crypto.
Now if you are willing to buy crypto and hold atleast 8 years to allow two more bull runs....well can throw alot more than 25% than.
But in general I would say keep you 401k or Ira in traditional. Pretty much everything else go to crypto. For most that's gonna put then at a nice 75% traditional, 25% crypto.
Now if you are buying btc or something similar, staking/lending to generate a good apy.....well then throw more into crypto.
Now if you are willing to buy crypto and hold atleast 8 years to allow two more bull runs....well can throw alot more than 25% than.
This post was edited on 4/29/21 at 12:21 pm
Posted on 4/29/21 at 12:39 pm to lsu777
What would you guys do. Need to buy the wife a new car. Car is about $45k.
Options:
1. Finance at 1.9% putting down about $15k to keep note not ridiculous
2. Sell a chunk of Link and pay taxes on it to cover it
3. Take out a loan on Celsius putting up said Link chunk as collateral at 1%
4. Take out money from Roth
At 1.9% I think it’s just easy to use trade in value + some cash on hand and ignore Crypto holdings. The Celsius loan is intriguing but I stop gaining my 3% on the Link put up as collateral so the question is do I think Link payments would outperform the .9% saving by not financing and my obvious answer is yes....
Crypto wealth is weird...
Options:
1. Finance at 1.9% putting down about $15k to keep note not ridiculous
2. Sell a chunk of Link and pay taxes on it to cover it
3. Take out a loan on Celsius putting up said Link chunk as collateral at 1%
4. Take out money from Roth
At 1.9% I think it’s just easy to use trade in value + some cash on hand and ignore Crypto holdings. The Celsius loan is intriguing but I stop gaining my 3% on the Link put up as collateral so the question is do I think Link payments would outperform the .9% saving by not financing and my obvious answer is yes....
Crypto wealth is weird...
Posted on 4/29/21 at 12:42 pm to CE Tiger
quote:Not a question, I go this route. Borrow dirty fiat at lower than inflation APR
1. Finance at 1.9% putting down about $15k to keep note not ridiculous
This post was edited on 4/29/21 at 12:43 pm
Posted on 4/29/21 at 12:43 pm to CE Tiger
They wouldn’t let me do a Celsius loan in Louisiana FYI. Don’t know if you already have a way around that.
Posted on 4/29/21 at 12:47 pm to TigerTatorTots
quote:
Borrow dirty fiat at lower than inflation APR
This
Posted on 4/29/21 at 12:55 pm to Mikes My Tiger
quote:
So around what percentage of you guy's portfolio is in crypto
Around 5% now. Mostly DCAing in over the last couple of months. I'd like to be closer to 20% or even more, but my wife is the money keeper (CPA) and very risk averse so I am building my case.
Posted on 4/29/21 at 12:56 pm to Hulkklogan
Yea the borrow at 1.9 seems the easy choice . Just seems like Crypto wealth is no fun because it’s all tied up
This post was edited on 4/29/21 at 12:57 pm
Posted on 4/29/21 at 12:59 pm to CE Tiger
quote:
Crypto wealth is weird...
not really, i think you are overthinking it a little too much due to not wanting the note. I get it though, i hate notes, especially car notes.
with that being said, finanaciall
quote:
Finance at 1.9% putting down about $15k to keep note not ridiculous
this is the best option. actually the best option is just finanace the 1.9% and do it for as long as possible and put the 15k either in the market or some place like celsius where you could make more than 1.9%. but i get why you may not want to.
honestly if you step back and do the math, its a simple move but we have been taught that debt is bad. While true, the math says for guys that are smart its best to use these crazy low rates to your advantage and prolong the note as long as they will let you.
good luck and selling your link would be the worse choice. Automatically are taking a minimum 20 something % hit right off the bat.
Posted on 4/29/21 at 12:59 pm to Mikes My Tiger
67/33 crypto/stocks and that's only because I can't get the rest out of my 401k
Posted on 4/29/21 at 1:09 pm to 21JumpStreet
Any of y'all interested in the programatic side of crypto? I've started studying Solidity. Honestly considering a career change, but obviously have a lot to learn and need to contribute to open projects to get my feet wet.
ETA
I realized that's a question better suited for the tech board after I posted it
ETA
I realized that's a question better suited for the tech board after I posted it
This post was edited on 4/29/21 at 1:11 pm
Posted on 4/29/21 at 1:13 pm to Hulkklogan
quote:
like to be closer to 20% or even more, but my wife is the money keeper (CPA) and very risk averse so I am building my case.
start by asking what she considers not risky and then you should be able to deconstruct her argument down from there
cpa's have been trained a very specific way but most have no idea that they're doing
This post was edited on 4/29/21 at 1:13 pm
Posted on 4/29/21 at 1:14 pm to Hulkklogan
Thought about it but have no time, a guy who wrote a few smart contracts now in use by yearn and hegic recommended the crypto zombies tutorials
One contract is like 100 lines of code, and 1000 lines of notes.
One contract is like 100 lines of code, and 1000 lines of notes.
Posted on 4/29/21 at 1:14 pm to Hulkklogan
I've been looking into this as well. Been only doing audibles on blockchains right now and looking into online blockchain courses.
Posted on 4/29/21 at 1:16 pm to 21JumpStreet
I keep trying to convince my buddy who is a software engineer to start moving towards blockchain but he won’t listen
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