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Dont know when to cash out of crypto bros

...
frum drab boltzmann elastic band
  01/14/18
dont know but probably best to take a little bit of profit h...
Curious keepsake machete
  01/14/18
yeah dude
frum drab boltzmann elastic band
  01/14/18
How much have you made... what is at risk?
Provocative Plum Bawdyhouse Yarmulke
  01/14/18
98% of net worth is in crypto
frum drab boltzmann elastic band
  01/14/18
How much... any big gains?
Provocative Plum Bawdyhouse Yarmulke
  01/14/18
Yikes
razzmatazz institution
  01/14/18
Don't. Eventually take out your initial investment and just ...
jet-lagged floppy dingle berry pisswyrm
  01/14/18
may pull out more than that for a down payment on a house. h...
Curious keepsake machete
  01/14/18
Just do "invest in" a wife and a home in mexicalis...
Dashing at-the-ready office
  01/14/18
lmao. only thing keeping me here is my family (parents and b...
Curious keepsake machete
  01/14/18
Maybe time for a reverse Beverly Hillbillies?
Dashing at-the-ready office
  01/14/18
180
jet-lagged floppy dingle berry pisswyrm
  01/14/18
This is what I'm planning on doing. Live in an area with co...
bateful kitty
  01/14/18
have the same thought process, so i know where you're coming...
Curious keepsake machete
  01/14/18
I will seriously start considering it when I could get the h...
bateful kitty
  01/14/18
BOOM https://www.nytimes.com/2018/01/13/style/bitcoin-mi...
frum drab boltzmann elastic band
  01/14/18
Lol, I saw this. Good for the short term.
bateful kitty
  01/14/18
yeah, but taking out down payment money will fuel a never en...
frum drab boltzmann elastic band
  01/14/18
...
Hairraiser white gas station
  01/14/18
eh, not too concerned about that brother. gotta pay taxes e...
Curious keepsake machete
  01/14/18
can't u limit your taxes a bit by also doing a mortgage and ...
Embarrassed to the bone arrogant shrine organic girlfriend
  01/14/18
eventually i’m going to look up at my portfolio, realize i’v...
canary lodge cuck
  01/14/18
yeah i dont want to cash it all out because i think at least...
frum drab boltzmann elastic band
  01/14/18
Before the crash, preferably
razzmatazz institution
  01/14/18
thank
frum drab boltzmann elastic band
  01/14/18


Poast new message in this thread



Reply Favorite

Date: January 14th, 2018 1:17 PM
Author: frum drab boltzmann elastic band



(http://www.autoadmit.com/thread.php?thread_id=3859234&forum_id=7#35153545)



Reply Favorite

Date: January 14th, 2018 1:25 PM
Author: Curious keepsake machete

dont know but probably best to take a little bit of profit here and there instead of just cashing out all at once

(http://www.autoadmit.com/thread.php?thread_id=3859234&forum_id=7#35153610)



Reply Favorite

Date: January 14th, 2018 1:34 PM
Author: frum drab boltzmann elastic band

yeah dude



(http://www.autoadmit.com/thread.php?thread_id=3859234&forum_id=7#35153689)



Reply Favorite

Date: January 14th, 2018 1:42 PM
Author: Provocative Plum Bawdyhouse Yarmulke

How much have you made... what is at risk?

(http://www.autoadmit.com/thread.php?thread_id=3859234&forum_id=7#35153749)



Reply Favorite

Date: January 14th, 2018 2:10 PM
Author: frum drab boltzmann elastic band

98% of net worth is in crypto

(http://www.autoadmit.com/thread.php?thread_id=3859234&forum_id=7#35153957)



Reply Favorite

Date: January 14th, 2018 2:11 PM
Author: Provocative Plum Bawdyhouse Yarmulke

How much... any big gains?

(http://www.autoadmit.com/thread.php?thread_id=3859234&forum_id=7#35153962)



Reply Favorite

Date: January 14th, 2018 2:26 PM
Author: razzmatazz institution

Yikes

(http://www.autoadmit.com/thread.php?thread_id=3859234&forum_id=7#35154091)



Reply Favorite

Date: January 14th, 2018 2:11 PM
Author: jet-lagged floppy dingle berry pisswyrm

Don't. Eventually take out your initial investment and just yolo the rest

(http://www.autoadmit.com/thread.php?thread_id=3859234&forum_id=7#35153966)



Reply Favorite

Date: January 14th, 2018 2:20 PM
Author: Curious keepsake machete

may pull out more than that for a down payment on a house. hesitating because the bay area is so expensive though

(http://www.autoadmit.com/thread.php?thread_id=3859234&forum_id=7#35154026)



Reply Favorite

Date: January 14th, 2018 2:33 PM
Author: Dashing at-the-ready office

Just do "invest in" a wife and a home in mexicalishitlibkikeico

(http://www.autoadmit.com/thread.php?thread_id=3859234&forum_id=7#35154154)



Reply Favorite

Date: January 14th, 2018 2:34 PM
Author: Curious keepsake machete

lmao. only thing keeping me here is my family (parents and brother are here).

(http://www.autoadmit.com/thread.php?thread_id=3859234&forum_id=7#35154164)



Reply Favorite

Date: January 14th, 2018 2:41 PM
Author: Dashing at-the-ready office

Maybe time for a reverse Beverly Hillbillies?

(http://www.autoadmit.com/thread.php?thread_id=3859234&forum_id=7#35154220)



Reply Favorite

Date: January 14th, 2018 2:34 PM
Author: jet-lagged floppy dingle berry pisswyrm

180

(http://www.autoadmit.com/thread.php?thread_id=3859234&forum_id=7#35154162)



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Date: January 14th, 2018 3:28 PM
Author: bateful kitty

This is what I'm planning on doing. Live in an area with comparable COL. I'm probably more conservative than a lot of people though. This is how sometimes map out tough decisions. Do the best case and worst case for each path. This assumes you'd still have a a big chunk if you took out down-payment.

1) Take out down-payment money

-Best case: you have a house, and crypto continues to blast to the moon and you still make a ton of money in next couple years.

-Worst case: you have a house.

2) Don't take out down-payment money

-Best case: you become objectively rich and easily get a house outright (or with like 50% down or something).

-Worst case: you end up with nothing.

(http://www.autoadmit.com/thread.php?thread_id=3859234&forum_id=7#35154479)



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Date: January 14th, 2018 3:30 PM
Author: Curious keepsake machete

have the same thought process, so i know where you're coming from. when do you plan on pulling out ?

(http://www.autoadmit.com/thread.php?thread_id=3859234&forum_id=7#35154493)



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Date: January 14th, 2018 3:41 PM
Author: bateful kitty

I will seriously start considering it when I could get the house, and have 50% remaining, taking into account the taxes I need to pay on what is pulled out. But that is me, and I'm again more conservative than most it seems.

I'd also take the risk of trying to time it to a degree on the overall market. It'd be hard for me to sell right now in the midst of a correction (not that I'm there anyways). To help gauge this, my GF is on strict instructions to tell me anytime she sees a reference to crypto in the mainstream media or pop culture, from a random friend, etc. It sounds like a joke, but I've been studying bubbles and crashes, and think it is important to keep tabs on the overall pulse of things, outside of the crypto-insider mania.

(http://www.autoadmit.com/thread.php?thread_id=3859234&forum_id=7#35154605)



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Date: January 14th, 2018 3:42 PM
Author: frum drab boltzmann elastic band

BOOM

https://www.nytimes.com/2018/01/13/style/bitcoin-millionaires.html

(http://www.autoadmit.com/thread.php?thread_id=3859234&forum_id=7#35154625)



Reply Favorite

Date: January 14th, 2018 3:53 PM
Author: bateful kitty

Lol, I saw this. Good for the short term.

(http://www.autoadmit.com/thread.php?thread_id=3859234&forum_id=7#35154747)



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Date: January 14th, 2018 3:31 PM
Author: frum drab boltzmann elastic band

yeah, but taking out down payment money will fuel a never ending cycle of me having to sell crypto to pay tax on crypto. bleh

(http://www.autoadmit.com/thread.php?thread_id=3859234&forum_id=7#35154500)



Reply Favorite

Date: January 14th, 2018 3:35 PM
Author: Hairraiser white gas station



(http://www.autoadmit.com/thread.php?thread_id=3859234&forum_id=7#35154537)



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Date: January 14th, 2018 3:37 PM
Author: Curious keepsake machete

eh, not too concerned about that brother. gotta pay taxes eventually

(http://www.autoadmit.com/thread.php?thread_id=3859234&forum_id=7#35154563)



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Date: January 14th, 2018 3:38 PM
Author: Embarrassed to the bone arrogant shrine organic girlfriend

can't u limit your taxes a bit by also doing a mortgage and getting a tax deduction?

(http://www.autoadmit.com/thread.php?thread_id=3859234&forum_id=7#35154572)



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Date: January 14th, 2018 2:19 PM
Author: canary lodge cuck

eventually i’m going to look up at my portfolio, realize i’ve accumulated an insane amount, panic about potentially losing it, and decide to cash out over time. hopefully this happens when spirits are high. maybe i’ll hold a few ethereum as a lottery ticket. otherwise i’ll never look back

(http://www.autoadmit.com/thread.php?thread_id=3859234&forum_id=7#35154022)



Reply Favorite

Date: January 14th, 2018 2:26 PM
Author: frum drab boltzmann elastic band

yeah i dont want to cash it all out because i think at least eth will probably continue to rise in the next 2-3 years. but who knows, it could also crash too. im considering selling like 15% of my stack. it would be 3x more than my original investment. i dont really need the money for anything, but it would be nice to park in some vanguard retirement funds. that way if it all crashes 90% i wont killself etc

(http://www.autoadmit.com/thread.php?thread_id=3859234&forum_id=7#35154094)



Reply Favorite

Date: January 14th, 2018 2:33 PM
Author: razzmatazz institution

Before the crash, preferably

(http://www.autoadmit.com/thread.php?thread_id=3859234&forum_id=7#35154158)



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Date: January 14th, 2018 3:02 PM
Author: frum drab boltzmann elastic band

thank

(http://www.autoadmit.com/thread.php?thread_id=3859234&forum_id=7#35154361)