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Sellcucking right now
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Date: January 20th, 2018 1:32 PM Author: slate garrison Taking profit and lining up like 10k to throw at magical asian approved ZIL. (http://www.autoadmit.com/thread.php?thread_id=3865544&forum_id=7#35197069) |
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Date: January 20th, 2018 1:42 PM Author: Henna Deranged Home You're selling your PFR? (http://www.autoadmit.com/thread.php?thread_id=3865544&forum_id=7#35197130) |
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Date: January 20th, 2018 1:45 PM Author: slate garrison I will never sell my PFR. I am ride or dying that shit. these other shitcoins that you guys told me to buy, I am sellcucking because none of them have the upside I am looking for yet all have the same risk of going to 0. I am talking ICX/VEN/ZRX/XMR/NAV/NEO. I already played this strategy with XRP and ADA in order to purchase PFR, the greatest coin of all time. |
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Date: January 20th, 2018 2:38 PM Author: galvanic deep tanning salon XMR is not a shitcoin. It’s also magical Asian approved. (http://www.autoadmit.com/thread.php?thread_id=3865544&forum_id=7#35197464) |
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Date: January 20th, 2018 2:54 PM Author: slate garrison Yeah I'm sure magical asian loved that shit when it was $50, now he's like, "haha lol @ cumskin bag holders" (http://www.autoadmit.com/thread.php?thread_id=3865544&forum_id=7#35197547) |
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Date: February 7th, 2018 11:20 PM Author: hyperventilating pozpig update pls (http://www.autoadmit.com/thread.php?thread_id=3865544&forum_id=7#35352439) |
Date: January 20th, 2018 1:33 PM Author: exhilarant station masturbator ZIL is a piece of shit (http://www.autoadmit.com/thread.php?thread_id=3865544&forum_id=7#35197080) |
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Date: January 20th, 2018 1:39 PM Author: slate garrison No it's awesome. I'd rather take a shot at some 50x action than be like, "oh, look, ICX is $22 now! hooray! Oh, what a fortuitous Unrealised Holding Gain!" and still have no idea whether or when I should sellcuck. |
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Date: January 20th, 2018 1:42 PM Author: exhilarant station masturbator fair (http://www.autoadmit.com/thread.php?thread_id=3865544&forum_id=7#35197126) |
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Date: January 20th, 2018 1:43 PM Author: Electric indian lodge Based on? (http://www.autoadmit.com/thread.php?thread_id=3865544&forum_id=7#35197136) |
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Date: January 20th, 2018 3:36 PM Author: Henna Deranged Home I'm curious too. I guess he knows something LORD EXEUNT doesn't. (http://www.autoadmit.com/thread.php?thread_id=3865544&forum_id=7#35197907) |
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Date: January 20th, 2018 4:35 PM Author: Electric indian lodge (He doesn't.) (http://www.autoadmit.com/thread.php?thread_id=3865544&forum_id=7#35198285) |
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Date: January 20th, 2018 1:45 PM Author: Electric indian lodge So youre selling during the start of a run up to buy a coin that wont be available for another week? (http://www.autoadmit.com/thread.php?thread_id=3865544&forum_id=7#35197150) |
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Date: January 20th, 2018 1:48 PM Author: slate garrison Everything could go to 0 tomorrow with zero warning. Honestly which seems more likely, peterman staying poor for forever or peterman being a rich secretary.
I don't care about making 30% on ICX, and if on December 31 the balance is $50 I won't gaf because PFR will probably be $7 and I'll be on my yacht which is also a battleship. |
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Date: January 20th, 2018 2:10 PM Author: french wild private investor Hard to argue with a yacht battleship (http://www.autoadmit.com/thread.php?thread_id=3865544&forum_id=7#35197299) |
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Date: January 20th, 2018 2:15 PM Author: slate garrison You guys are treating this like the stock market where you just pull it up on your browser and are like, "yay, Paper Gains! I shall demonstrate my virility by HODLING, and procure even greater unrealised gains!" thinking you can just chill and watch it go up. Sure, a $50 or $150k gain looks like diddly shit right now compared to where it could go, but when it drops to 0 you will feel like FOOL. The chance of crypto dropping to 0 has to be considered, and the longer your position the greater the chance that that event will occur during the period in which you are hodling. It's not like where exeunt can put $100k on ETH when it's $.05 and realise like 10% of his gain 12 months later and be rich af. It's not like XRP where it goes from $.02 to $4 in a month. These long positions are fuckin' tenuous, brah. It's not a quick, binary win/lose thing like a roulette table, it's something far more sinister. (http://www.autoadmit.com/thread.php?thread_id=3865544&forum_id=7#35197322) |
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Date: January 20th, 2018 2:32 PM Author: french wild private investor I agree there is no glory in hodling until you have nothing. I've repeatedly said everyone should have a definitive plan for exiting this giant fraud bubble. I think it is awesome to walk away with actual cash and have something to show for it. And I also think it is smart to do it on an upswing like we are currently experiencing, as opposed to sellcucking on a downtrend. Of course there is risk in trying to time that.
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Date: January 20th, 2018 2:38 PM Author: lake talented address rigor (http://www.autoadmit.com/thread.php?thread_id=3865544&forum_id=7#35197460) |
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Date: January 20th, 2018 2:53 PM Author: slate garrison About to sellcuck $17k of ICX/VEN, realising that it probably will go up and I'll lose out on like $5k in short-term gains, but idfc. My actuarial crystal ball says that ICX could hit $0 or $4 or $30 like it's nothing, but 3x doesn't seem like it's worth it to me when xo PFR could just as easily 3x or 10x. (http://www.autoadmit.com/thread.php?thread_id=3865544&forum_id=7#35197537) |
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Date: January 20th, 2018 3:13 PM Author: lake talented address rigor CR. I'll probably only put five more ETH into PFR, with the rest going to ZIL if/when I get out of ICX. (http://www.autoadmit.com/thread.php?thread_id=3865544&forum_id=7#35197714) |
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Date: January 21st, 2018 12:07 AM Author: Cordovan motley range Best post of this week. Not that I completely agree with it. (http://www.autoadmit.com/thread.php?thread_id=3865544&forum_id=7#35200862) |
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Date: January 20th, 2018 3:04 PM Author: boyish khaki shrine Yuge difference between taking 10k profit and sellcucking all your holdings for a flyer like ZIL.. I think it’s smart to do both. Take some profits from long term holds and put them into flyers. But no need to trash the pure hodl style, which has for 4 years been undoubtedly the best strat. And there’s a good chance t will be the best strategy 4 years from now. If some shady shit comes out on ZIL, you will never live down sellcucking Icx ven etc. (http://www.autoadmit.com/thread.php?thread_id=3865544&forum_id=7#35197647) |
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Date: January 20th, 2018 3:05 PM Author: Supple gaping heaven Payfair is much closer to vaporware than some of those coins you listed are to actual viable businesses. (http://www.autoadmit.com/thread.php?thread_id=3865544&forum_id=7#35197656) |
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Date: January 20th, 2018 3:09 PM Author: boyish khaki shrine Aka it’s kind of a shitcoin. If anything - OP should be takin profits on that to put into ZIL. But whatever idc it’s worked for him (http://www.autoadmit.com/thread.php?thread_id=3865544&forum_id=7#35197680) |
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Date: January 20th, 2018 3:17 PM Author: Razzle Hospital Partner CR, I have PFR but only as a short term, flip coin
I think VEN, etc. are much longer term holds
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Date: January 20th, 2018 3:18 PM Author: slate garrison Sure enjoy your $25 ICX after an incredibly tumultuous 6 months if you're lucky. I will bear the same systemic risk but with a random shot at 10x. All coins have the same downside risk, but some just have more upside imho. I don't think the market cares if something is vaporware. Holding a bunch of ETH while I'm at it btw |
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Date: January 20th, 2018 3:26 PM Author: lilac site affirmative action Vaporware how (http://www.autoadmit.com/thread.php?thread_id=3865544&forum_id=7#35197821) |
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Date: January 20th, 2018 4:38 PM Author: Henna Deranged Home Right? It's a p2p exchange with escrow not the next ethereum (http://www.autoadmit.com/thread.php?thread_id=3865544&forum_id=7#35198299) |
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Date: January 20th, 2018 3:31 PM Author: 180 corner CR. I'm selling this vaporware when it hits .5 probably (http://www.autoadmit.com/thread.php?thread_id=3865544&forum_id=7#35197873) |
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Date: January 20th, 2018 4:39 PM Author: lilac site affirmative action Skepticism is good but why are you all just screaming "vaporware" without anything to back it up? Jfc (http://www.autoadmit.com/thread.php?thread_id=3865544&forum_id=7#35198304) |
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Date: January 20th, 2018 11:16 PM Author: slate garrison Why HODL for a year, you guys? Why not 200 days? What is the big deal about hodling for a specific period of time? (http://www.autoadmit.com/thread.php?thread_id=3865544&forum_id=7#35200577) |
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Date: January 20th, 2018 11:22 PM Author: french wild private investor Capital gains tax. 15-20% verses 30-40%. (http://www.autoadmit.com/thread.php?thread_id=3865544&forum_id=7#35200605) |
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Date: January 20th, 2018 11:23 PM Author: embarrassed to the bone fragrant codepig circlehead But coin to coin is taxable now so you have to hold a shitcoin for a whole year? (http://www.autoadmit.com/thread.php?thread_id=3865544&forum_id=7#35200615) |
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Date: January 21st, 2018 12:12 AM Author: magenta violent step-uncle's house cr. no way im holding most shitcoins all year (http://www.autoadmit.com/thread.php?thread_id=3865544&forum_id=7#35200889) |
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Date: January 20th, 2018 11:25 PM Author: slate garrison Peterman's top 2018 fed marginal tax rate is like 12% on his salary. 22% on his crypto winnings versus 15%. That's one example. Are we all rich besides him? (http://www.autoadmit.com/thread.php?thread_id=3865544&forum_id=7#35200625) |
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Date: January 21st, 2018 2:12 AM Author: Razzle Hospital Partner ?
if he cashed out all of it before 1 year he'd be taxed at like 37% or whatever it is now
the difference between STCG and LTCG is massive at that level. STCG is taxed as ordinary income. |
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Date: January 21st, 2018 10:42 AM Author: slate garrison Yeah his tax rate on his ordinary income is like 12%. He's a secretary. Why not just take $50k in profit. Are you under the impression that everyone here makes $200k.
I am an Engineer and I don't pay this 37% bullshit on anything. Fuckin' coastal elites. |
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Date: January 21st, 2018 10:44 AM Author: aphrodisiac forum bro you keep flashing ur smart guy engineer flag but asking some dumb questions (http://www.autoadmit.com/thread.php?thread_id=3865544&forum_id=7#35202145) |
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Date: January 21st, 2018 10:48 AM Author: slate garrison I haven't asked any dumb questions that anyone has answered. What are you referring to? I am right about the tax rates. They don't matter. For that matter, just don't pay taxes. (http://www.autoadmit.com/thread.php?thread_id=3865544&forum_id=7#35202165) |