comment by Ji Sung Park's Cousin - A Beekers Dozen (U2958)
posted 31 seconds ago
comment by Mi Pelea (U18355)
posted 7 minutes ago
Back when BTC spent a lot of time in the $8.6k-$10k region, a lot of altcoins started pumping but people expected BTC to dump heavily. It never happened. Like the price may drop but I certainly wouldn’t be selling here.
Tbh I won’t sell until BTC is at $250k and even so I’ll only sell 75% of my BTC and use most of those finds to start re-accumulating over the next 3 years in the following bear market.
----------------------------------------------------------------------
Yea, when bitcoin crashed in the last bull run, the alts went nuts for a couple of weeks before bleeding out. That's the one pattern I am looking out for (and why i have btc price set as default). Then trade in the alts for btc.
If btc hits $250k, i hope that we are no longer talking about converting to fiat and that we could use btc as a currency
----------------------------------------------------------------------
Wouldn’t convert to Fiat anyway as would just get raaaped on taxes. Will most likely convert to USDT
I'm trading in an out of USDT.
HMRC site says you should pay tax each time you trade even if it's crypto to crypto though, are they counting stable-coins? I assume so.
comment by Mi Pelea (U18355)
posted 40 minutes ago
Wouldn’t convert to Fiat anyway as would just get raaaped on taxes. Will most likely convert to USDT
----------------------------------------------------------------------
Just move to Portugal, tax free!
On a side note, my shares in Beyond Meat just did 50% in an hour on news of a partnership with PepsiCo
comment by You Can't Buy Class - IDHT2EU (U12019)
posted 49 minutes ago
I'm trading in an out of USDT.
HMRC site says you should pay tax each time you trade even if it's crypto to crypto though, are they counting stable-coins? I assume so.
----------------------------------------------------------------------
Surely it would be so difficult for them to find out if you didn't though?
comment by Edbo (U17933)
posted 4 minutes ago
comment by You Can't Buy Class - IDHT2EU (U12019)
posted 49 minutes ago
I'm trading in an out of USDT.
HMRC site says you should pay tax each time you trade even if it's crypto to crypto though, are they counting stable-coins? I assume so.
----------------------------------------------------------------------
Surely it would be so difficult for them to find out if you didn't though?
----------------------------------------------------------------------
I really don't know, need to get my head around all of it.
If it's just sat on an exchange and you are trading it between crypto and stablecoin or crypto to crypto and you are not cashing any of that out then I would have thought you don't pay the 20% until you actual take profits in FIAT but...
🤷♂️
Some of it is based on gut feeling but I don't think we're going to see a significant crash from where we are now.
Any reason why you think your gut is telling you that?
My gut is saying another dip down to $29,500 area and at worst $27,500
TBH gut is the wrong word, it's hope more than anything, lol. It's showing strong resistance at $30k - $31k.
I'm hoping this continued resistance will give potential investors confidence that we won't see lows like the 2017 bear market again.
I hear you mate, it keeps bobbing and threatening to dip but then doesn't, then it bobs up and threatens to break through then doesn't. My feeling from watching the markets quite extensively recently is that with the daily highs getting lower and the daily lows getting lower the last few days that the price correction Bats has been predicting will be down - but I hope/feel it won't be too far down and a good recovery is possible if/when it happens.
BTC broke that supporting trend line on the 4h and dumped $1500. Nothing to write home about yet. Expecting it either move back up and retest it as support (around $31,700) or else it will just keep moving down certainly to the previous low of $28,800, but I’m not sure how much of any support is gonna be around that level.
BTC never confirmed $20k as support after initially breaking it so wouldn’t be surprised if this downtrend goes down that low (although that is still a long way away from happening).
Expecting it either move back up and retest it as support (around $31,700
Retest it as resistance*
Around $29,800 right now.
Any advice on what to look for in terms of buying the right (or lowest) dip. Feel like if it drops to $27 ish I will want to buy but concerned it could fall further like you said.
No idea. I always tell people to dollar cost average. Just buy a certain amount every month regardless of price. No idea where it will bottom out
this gamestop stuff is hilarious
comment by Taki Minamino (U20650)
posted 3 hours, 54 minutes ago
this gamestop stuff is hilarious
----------------------------------------------------------------------
Just been reading about out it
The New World Order is on the march.
I love /wallstreetbets , funny as hell
It’s brilliant though, the whole shorting against a company is so unethical
going to need a new one of these
https://www.youtube.com/watch?v=jg85H26wyLk
comment by Mi Pelea (U18355)
posted 9 hours, 17 minutes ago
BTC broke that supporting trend line on the 4h and dumped $1500. Nothing to write home about yet. Expecting it either move back up and retest it as support (around $31,700) or else it will just keep moving down certainly to the previous low of $28,800, but I’m not sure how much of any support is gonna be around that level.
BTC never confirmed $20k as support after initially breaking it so wouldn’t be surprised if this downtrend goes down that low (although that is still a long way away from happening).
----------------------------------------------------------------------
BTC retested that previous support at $31700 as resistance and got strongly rejected. Think we are gonna start seeing new lows tomorrow
Two of my three main alts are in the green more sats for me.
Sorry to keep bashing the TA stuff... But this week's events are so much more to do with the US government appointment and the GME stocks.
You can't TA for the randomness of the retaards on /wsb!
Sign in if you want to comment
Crypto Thread-Bitcoin/ethereum/litecoin
Page 110 of 222
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posted on 26/1/21
comment by Ji Sung Park's Cousin - A Beekers Dozen (U2958)
posted 31 seconds ago
comment by Mi Pelea (U18355)
posted 7 minutes ago
Back when BTC spent a lot of time in the $8.6k-$10k region, a lot of altcoins started pumping but people expected BTC to dump heavily. It never happened. Like the price may drop but I certainly wouldn’t be selling here.
Tbh I won’t sell until BTC is at $250k and even so I’ll only sell 75% of my BTC and use most of those finds to start re-accumulating over the next 3 years in the following bear market.
----------------------------------------------------------------------
Yea, when bitcoin crashed in the last bull run, the alts went nuts for a couple of weeks before bleeding out. That's the one pattern I am looking out for (and why i have btc price set as default). Then trade in the alts for btc.
If btc hits $250k, i hope that we are no longer talking about converting to fiat and that we could use btc as a currency
----------------------------------------------------------------------
Wouldn’t convert to Fiat anyway as would just get raaaped on taxes. Will most likely convert to USDT
posted on 26/1/21
I'm trading in an out of USDT.
HMRC site says you should pay tax each time you trade even if it's crypto to crypto though, are they counting stable-coins? I assume so.
posted on 26/1/21
comment by Mi Pelea (U18355)
posted 40 minutes ago
Wouldn’t convert to Fiat anyway as would just get raaaped on taxes. Will most likely convert to USDT
----------------------------------------------------------------------
Just move to Portugal, tax free!
On a side note, my shares in Beyond Meat just did 50% in an hour on news of a partnership with PepsiCo
posted on 26/1/21
Congrats <champagne>
posted on 26/1/21
*
posted on 26/1/21
comment by You Can't Buy Class - IDHT2EU (U12019)
posted 49 minutes ago
I'm trading in an out of USDT.
HMRC site says you should pay tax each time you trade even if it's crypto to crypto though, are they counting stable-coins? I assume so.
----------------------------------------------------------------------
Surely it would be so difficult for them to find out if you didn't though?
posted on 26/1/21
comment by Edbo (U17933)
posted 4 minutes ago
comment by You Can't Buy Class - IDHT2EU (U12019)
posted 49 minutes ago
I'm trading in an out of USDT.
HMRC site says you should pay tax each time you trade even if it's crypto to crypto though, are they counting stable-coins? I assume so.
----------------------------------------------------------------------
Surely it would be so difficult for them to find out if you didn't though?
----------------------------------------------------------------------
I really don't know, need to get my head around all of it.
If it's just sat on an exchange and you are trading it between crypto and stablecoin or crypto to crypto and you are not cashing any of that out then I would have thought you don't pay the 20% until you actual take profits in FIAT but...
🤷♂️
posted on 26/1/21
Some of it is based on gut feeling but I don't think we're going to see a significant crash from where we are now.
posted on 26/1/21
Any reason why you think your gut is telling you that?
My gut is saying another dip down to $29,500 area and at worst $27,500
posted on 27/1/21
TBH gut is the wrong word, it's hope more than anything, lol. It's showing strong resistance at $30k - $31k.
I'm hoping this continued resistance will give potential investors confidence that we won't see lows like the 2017 bear market again.
posted on 27/1/21
2019 rather*
posted on 27/1/21
I hear you mate, it keeps bobbing and threatening to dip but then doesn't, then it bobs up and threatens to break through then doesn't. My feeling from watching the markets quite extensively recently is that with the daily highs getting lower and the daily lows getting lower the last few days that the price correction Bats has been predicting will be down - but I hope/feel it won't be too far down and a good recovery is possible if/when it happens.
posted on 27/1/21
BTC broke that supporting trend line on the 4h and dumped $1500. Nothing to write home about yet. Expecting it either move back up and retest it as support (around $31,700) or else it will just keep moving down certainly to the previous low of $28,800, but I’m not sure how much of any support is gonna be around that level.
BTC never confirmed $20k as support after initially breaking it so wouldn’t be surprised if this downtrend goes down that low (although that is still a long way away from happening).
posted on 27/1/21
Expecting it either move back up and retest it as support (around $31,700
Retest it as resistance*
posted on 27/1/21
Around $29,800 right now.
posted on 27/1/21
Any advice on what to look for in terms of buying the right (or lowest) dip. Feel like if it drops to $27 ish I will want to buy but concerned it could fall further like you said.
posted on 27/1/21
No idea. I always tell people to dollar cost average. Just buy a certain amount every month regardless of price. No idea where it will bottom out
posted on 27/1/21
this gamestop stuff is hilarious
posted on 27/1/21
comment by Taki Minamino (U20650)
posted 3 hours, 54 minutes ago
this gamestop stuff is hilarious
----------------------------------------------------------------------
Just been reading about out it
The New World Order is on the march.
posted on 27/1/21
I love /wallstreetbets , funny as hell
posted on 27/1/21
It’s brilliant though, the whole shorting against a company is so unethical
posted on 27/1/21
going to need a new one of these
https://www.youtube.com/watch?v=jg85H26wyLk
posted on 27/1/21
comment by Mi Pelea (U18355)
posted 9 hours, 17 minutes ago
BTC broke that supporting trend line on the 4h and dumped $1500. Nothing to write home about yet. Expecting it either move back up and retest it as support (around $31,700) or else it will just keep moving down certainly to the previous low of $28,800, but I’m not sure how much of any support is gonna be around that level.
BTC never confirmed $20k as support after initially breaking it so wouldn’t be surprised if this downtrend goes down that low (although that is still a long way away from happening).
----------------------------------------------------------------------
BTC retested that previous support at $31700 as resistance and got strongly rejected. Think we are gonna start seeing new lows tomorrow
posted on 28/1/21
Two of my three main alts are in the green more sats for me.
posted on 28/1/21
Sorry to keep bashing the TA stuff... But this week's events are so much more to do with the US government appointment and the GME stocks.
You can't TA for the randomness of the retaards on /wsb!
Page 110 of 222
111 | 112 | 113 | 114 | 115