Official Bitcoin Thread

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If your positions are up 10-20x , sell asap

Don't hate this take tbh.

This point in the market shines a light on how important it is to accumulate / have conviction when everything is in the hole.

If you were loading up between 2022 & 2023 by this stage you've already up massively.

But if you were late to the dance and you're chasing multiples in peak euphoria / high volatility conditions it's way more likely you get cooked.
 
Either way you could get cooked. Can you live with something you cashed out on a 5-10x that eventually goes 50-70x after? Just take out in stages and keep a moon bag.

Profit is profit though.
 
Here is my take bittersweet take.
We will hit 90k maybe even 100k this year.
People selling in Nov and Dec will have to pay taxes in a few months for these gains so many will not sell at this point.
If you cash out in January you have more than 12 months to pay.
People may wait longer since Trump will likely cut taxes for gains next year since he owes his wall street and billionaire buddies a favor. The House and Senate will agree to pass another tax reform bill that benefits investors.
I see more people investing in BTC now that Trump is in charge since he will deregulate the financial industry.

We can enjoy these gains now but eventually society and our economy will pay for the mishandling of our economy and financial industry.
 
Here is my take bittersweet take.
We will hit 90k maybe even 100k this year.
People selling in Nov and Dec will have to pay taxes in a few months for these gains so many will not sell at this point.
If you cash out in January you have more than 12 months to pay.
People may wait longer since Trump will likely cut taxes for gains next year since he owes his wall street and billionaire buddies a favor. The House and Senate will agree to pass another tax reform bill that benefits investors.
I see more people investing in BTC now that Trump is in charge since he will deregulate the financial industry.

We can enjoy these gains now but eventually society and our economy will pay for the mishandling of our economy and financial industry.
Pretty much my thought with delaying P’s too. Bull likely won’t start peak raging until Q1 anyways, so might as well hang on to delay capital gains…(NFA)
 
Either way you could get cooked. Can you live with something you cashed out on a 5-10x that eventually goes 50-70x after? Just take out in stages and keep a moon bag.

Profit is profit though.
I made 7k off of 180 bucks on doge coin a few years back... if I held for 24 more hours it would've been 25k.. I was sick but I owed 7k on my auto loan so I paid it off and cried about it thinking about the extra 18k ... lolololololol
 
I tried to go in the trenches with Pump.fun using Bullx and lost nearly everything. Put the last bit of SOL I had in PNUT few days ago and I've now made everything back :lol:
Thank you CZ.

80K seems to have triggerred retail. Something has flipped this week and I'm all for it.

Also for Solana phone holders, you should've got a HAPPY CAT airdrop. That ting is pumping.
It's giving me POPCAT vibes.
 
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