Minuteman Posted December 1, 2021 Share Posted December 1, 2021 I've invested in some crypto trusts (GBTC, ETHE, LTCN, HZEN) but that's about it. I think cryptos have a future but it's only a matter of time before the government starts regulating them. Right now the IRS, as far as I understand, treats cryptos as property for tax purposes. Quote Link to comment Share on other sites More sharing options...
Hood Luv Me Posted December 1, 2021 Share Posted December 1, 2021 hell yea, i’ve already been fucking with crypto. i’m trying get into some NFTS just don’t know how they work Quote Link to comment Share on other sites More sharing options...
Cheech Posted December 1, 2021 Share Posted December 1, 2021 Crazy to see how people see crypto as a one time thing, yes it's volatile I'll agree there but there's a far bigger scope. I'm not too interested into talking about just assets, coins and tokens but the technology ahead. Cryptocurrencies engaged us with peer-2-peer interactions over the internet again, without knowing people have been introduced to Web 3.0 and this post-computing age will definitely be something to look forward too. Quote Link to comment Share on other sites More sharing options...
Zachh Posted December 1, 2021 Share Posted December 1, 2021 Yup, it's volatile in the way that it can drop hard, but that means it's equally volatile when it skyrockets hard. And it always does rebound with a hard skyrocket. Even in college they teach about crypto, it's not something made up, it's likely the future of currency, I mean even governments are recognizing it. I wouldn't mind if government starts regulating, all the idiots who just use it to make money and keep crashing the value will be done. But I have to admit, it's nice being able to sell something and not having to worry about them charging back and scamming you. But for the buyer, that means you have to make sure you have a good product before you give them the money. Quote Link to comment Share on other sites More sharing options...
EYECE Posted December 4, 2021 Share Posted December 4, 2021 (edited) i got a couple racks on ETH, bought in around 2200. im just out here tryna make some extra bread im not too bright i dont understand the specifics behind the whole crypto operation. all i know is green candles good, red candles bad. sittin at 150% profits since buying in. holding till it surpasses $10,000. Edited December 4, 2021 by EYECE Quote Link to comment Share on other sites More sharing options...
Swank. Posted December 5, 2021 Author Share Posted December 5, 2021 23 hours ago, EYECE said: i got a couple racks on ETH, bought in around 2200. im just out here tryna make some extra bread im not too bright i dont understand the specifics behind the whole crypto operation. all i know is green candles good, red candles bad. sittin at 150% profits since buying in. holding till it surpasses $10,000. green and red candles are enough for this type of investment, pretty safe imo. i can see it's price only going up once eth 2.0 is released Quote 𝙎𝙬𝙖𝙣𝙠𝙖𝙫𝙚𝙡𝙞 Link to comment Share on other sites More sharing options...
kojotot Posted December 6, 2021 Share Posted December 6, 2021 last call for the bull run train, buy the dip cryptos been down ~20% for the past couple of days Quote Link to comment Share on other sites More sharing options...
Rino1k Posted December 11, 2021 Share Posted December 11, 2021 Man I shoulda bought the bored ape when it was 3k Quote Spoiler Link to comment Share on other sites More sharing options...
Swank. Posted December 11, 2021 Author Share Posted December 11, 2021 18 minutes ago, Rino1k said: Man I shoulda bought the bored ape when it was 3k but you didnt Quote 𝙎𝙬𝙖𝙣𝙠𝙖𝙫𝙚𝙡𝙞 Link to comment Share on other sites More sharing options...
Hezzy Posted December 12, 2021 Share Posted December 12, 2021 I've been thinking of taking time to learn about the whole NFT space. It seems lucrative. Quote Link to comment Share on other sites More sharing options...
Swank. Posted December 13, 2021 Author Share Posted December 13, 2021 16 hours ago, Hezzy said: I've been thinking of taking time to learn about the whole NFT space. It seems lucrative. do that, still pretty early tbh there's alot to digest but it all comes down to the understanding of how it works and why only advice i'd give you is dyor Quote 𝙎𝙬𝙖𝙣𝙠𝙖𝙫𝙚𝙡𝙞 Link to comment Share on other sites More sharing options...
EYECE Posted December 13, 2021 Share Posted December 13, 2021 ive tried to buy a couple of NFTs through Enjin but im a dumb knuckle dragger and I cant seem to figure it the fuck out lol. Quote Link to comment Share on other sites More sharing options...
Swank. Posted December 17, 2021 Author Share Posted December 17, 2021 On 12/13/2021 at 1:36 AM, EYECE said: ive tried to buy a couple of NFTs through Enjin but im a dumb knuckle dragger and I cant seem to figure it the fuck out lol. what projects? link ur opensea if u want 1 Quote 𝙎𝙬𝙖𝙣𝙠𝙖𝙫𝙚𝙡𝙞 Link to comment Share on other sites More sharing options...
melt city Posted January 26, 2022 Share Posted January 26, 2022 https://www.irs.gov/forms-instructions Quote Link to comment Share on other sites More sharing options...
Jay Posted January 29, 2022 Share Posted January 29, 2022 Mate, crypto was the reason of 2 grey hairs poppin up on my head which always had beautiful dark brown hair. But looking at it from start to beginning, they did change my life around. Made profits that are otherwise unheard of. However, since the start of this year everytime I look at my crypto account it makes me cry. Plus I started doing some futures trading and oh my god, the profits while I 'thought' I knew what I was doing were great. Then BOOM, one day logged in and was down £800 because I never noticed the alerts from my app cos I was playin TW. 800 might not sound like a lot, but when that 800 includes some of your initial investment you'll feel it lol. I want to get involved into NFTs but tbh I don't have a clue as to where I can read up on the NFT market to determine which ones to buy and go from there. So far in my experience it seems like certain NFTs just become really popular due to 1 person spending a ridiculous amount on one and the crowd just follows suit, lol. My mate bought a NFT which imo didn't really stand out or otherwise convey a certain aspect of art by the way it was designed. But he bought the 33rd one released for 300 dollars and sold it for 9k. Like...why or..how..I can understand profit and loss when trading crypto currencies and the driving factors that might influence the price. But NFTs...how or what causes certain ones to sell for ridiculous amounts? Quote Link to comment Share on other sites More sharing options...
Jay Posted January 29, 2022 Share Posted January 29, 2022 On 12/17/2021 at 6:59 AM, Swank. said: what projects? link ur opensea if u want Seems like you're clued up about NFTs. WTF are gas fees? And WHY are they so ridiculously high lol Quote Link to comment Share on other sites More sharing options...
Norkuri Posted March 13, 2023 Share Posted March 13, 2023 (edited) Regarding your question, I think you should check out FBS. They've got some dope tools for tracking historical exchange rates, and I'm pretty sure you can set it up to use an accurate currency converter for your sales and payments in dollars and argentine pesos. The exchange rate can change like crazy, so it's definitely important to keep track of that. I hope this helps! Edited March 13, 2023 by Norkuri Quote Link to comment Share on other sites More sharing options...
EddyDorz Posted March 23, 2023 Share Posted March 23, 2023 Hey there! It's great to hear that you've invested in some crypto trusts like GBTC, ETHE, LTCN, and HZEN. Quote Link to comment Share on other sites More sharing options...
NeonY2J Posted March 23, 2023 Share Posted March 23, 2023 (edited) It's definitely an exciting space to be in, and I totally agree with you that cryptos have a future. However, I also agree that government regulations are inevitable, especially as cryptos become more mainstream. It's interesting to note that the IRS currently treats cryptos as property for tax purposes, but who knows how that might change in the future. On another note, have you ever considered investing in forex? I recently came across a forex prop firm and it seems like an interesting opportunity. Just thought I'd mention it in case it's something you might be interested in exploring. Edited March 28, 2023 by NeonY2J Quote Link to comment Share on other sites More sharing options...
Nightmare. Posted July 9, 2023 Share Posted July 9, 2023 Investing in XRP and some AI related crypto. Also, the main NFT project I invest in is Primates on Solana. Quote S/O EHC & Oldschool OG's Link to comment Share on other sites More sharing options...
Nightmare. Posted July 17, 2023 Share Posted July 17, 2023 On 7/9/2023 at 11:58 PM, Nightmare. said: Investing in XRP and some AI related crypto. Also, the main NFT project I invest in is Primates on Solana. XRP Quote S/O EHC & Oldschool OG's Link to comment Share on other sites More sharing options...
tut Posted July 21, 2023 Share Posted July 21, 2023 On 3/23/2023 at 6:26 AM, NeonY2J said: It's definitely an exciting space to be in, and I totally agree with you that cryptos have a future. However, I also agree that government regulations are inevitable, especially as cryptos become more mainstream. It's interesting to note that the IRS currently treats cryptos as property for tax purposes, but who knows how that might change in the future. On another note, have you ever considered investing in forex? I recently came across a forex prop firm and it seems like an interesting opportunity. Just thought I'd mention it in case it's something you might be interested in exploring. Everyone knew for a while regulation was going to come. The main thing is just not having them dubbed as securities. BTC is mainly safe from this given there's no company controlling it as say a stock. I'm pretty sure with the announcement of Fednow payment system and the move to go more digital. They'll be take a even more serious look. It'll be interesting to see. As for forex, never really cared for it as Crypto is the riskiest I'm willing to go. I split my investment by 4, crypto risky play, stock less risk, 401k, and 457. I'm only even in crypto because I was lucky enough to get in the space in early 2017 or else I probably wouldn't even care for it. Quote Link to comment Share on other sites More sharing options...
Jerome Posted July 21, 2023 Share Posted July 21, 2023 1 hour ago, tut said: Everyone knew for a while regulation was going to come. The main thing is just not having them dubbed as securities. BTC is mainly safe from this given there's no company controlling it as say a stock. I'm pretty sure with the announcement of Fednow payment system and the move to go more digital. They'll be take a even more serious look. It'll be interesting to see. As for forex, never really cared for it as Crypto is the riskiest I'm willing to go. I split my investment by 4, crypto risky play, stock less risk, 401k, and 457. I'm only even in crypto because I was lucky enough to get in the space in early 2017 or else I probably wouldn't even care for it. @Christian was just talking about buying one of those lmao Quote Link to comment Share on other sites More sharing options...
Cheech Posted July 30, 2023 Share Posted July 30, 2023 Looking at RNDM, specifically anything that rewards staking GPU power. Something that offers another way to use a GPU without purchasing cloud/Api. Quote Link to comment Share on other sites More sharing options...
khandarzehn Posted August 1, 2023 Share Posted August 1, 2023 For me, crypto has begun a new market to invest in, and I see potential in it. But I can't say the same about NFTs. Quote Link to comment Share on other sites More sharing options...
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