Bitcoin/Ethereum/cryptocurrencies
- Thread starter 35years
- Start date
I moved my 401K into a Flex IRA and have been studying and buying tech stocks. Cypto technology is being developed in a lot of things right now.
oldngray
nowhere special
One of the first things you should do after you retire is roll over your UPS 401k into an IRA. Much more flexibility and the 401k loses its appeal after you stop actively contributing to it.
Brownslave688
You want a toe? I can get you a toe.
I admit there is more stupid in the world than I thought lol
Still think $1 is a pipe dream though.
That's exactly what I did. I work directly with my financial advisor and should easily earn more than 20% a year. She said up to 26%.
Over70irregs
Well-Known Member
So....... if someone is new they would ask how do I make $ with this info? Or is it info only to look/feel smart?
Brownslave688
You want a toe? I can get you a toe.
You would buy the token. Then if you wanted you could run a node or nodes on the network that stores this data for companies and you get paid to do that.
El Correcto
god is dead
Hit the 20% losses range, going to be interesting to see what happens next with bitcoin. Will it enter free fall?
Faceplanted
Well-Known Member
It’s obviously going to 0
What's the play here brother? Should I be selling or buying?
El Correcto
god is dead
You a grown man, so whatcha want.
I’m merely speculating. I did manage to sell my doge at around the all time high and stay out of the volatility when it plummeted back to the low .23. In rebuying some today with my profit and holding till it hits .35-40 again. If I lose it all I’m not worried.
El Correcto
god is dead
That’s the way I’m personally comfortable with investing in something I see as risky like bitcoin.
I already pulled my initial investment out and got some crypto profits to play with and reinvest as the market drops and rises.
im curious to see how much I can make with the little bit of free money I got out of this. It’s mostly for fun.
I already pulled my initial investment out and got some crypto profits to play with and reinvest as the market drops and rises.
im curious to see how much I can make with the little bit of free money I got out of this. It’s mostly for fun.
Faceplanted
Well-Known Member
Sure you did. I managed to look at my delta app this morning and realize I lost a years worth of salary in 24hr. I feel nothing anymore unironically
While newfags are sperging out....just another day.
El Correcto
god is dead
Not interested in lying to you people.
I made a little bit of profit after buying doge when it was clearly rising and it was catching on. It wasn’t risky to me at all.
Sold doge when I felt like the easy money was gone and withdrew actually a bit more than my initial investment.
I might be talking
and being funny about it, but I actually am just curious to see how much I can turn a little bit of free money into. I’m not a crypto investor at all. It’s basically a little bit of side gambling for me during my down time.Faceplanted
Well-Known Member
Good job. Keep it going.
don’t forget to report all profits to uncle joe and the irs so they can get their short term capital gains out of your profits.
El Correcto
god is dead
Robinhood takes care of that for me with the forums they send, coinbase won’t.
Faceplanted
Well-Known Member
You can use bitcoin.tax and it will use api to pull your trade data from every major exchange
I don’t know if your aware, but with Robinhood you don’t actually own your crypto. You are trusting them to not screw your over. They have done it in the past with GameStop/amc.
El Correcto
god is dead
I only used Robinhood for this one thing. I got out of there once they screwed those people over.
I’m mainly just a 401k investor. I’m not interested in being super filthy I just crave stability in my life.
I’m definitely scared money.
That's really all most people need to be happy. If you've got the bills paid, roof over your head, and 3 meals/day but you're still not happy more money is probably not gonna fix it, you've got something else going on.
