He Sold at $17

warosu.org/biz/thread/S21557620

Friendly reminder this sonafobitch sold 60K LINK at $17.00 and you didn't. He hasn't lost $400,000 in gains, and you have. He isn't considering suicide right now, and you probably are.

Just thought that was worth pointing out.

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Pain and misery to all the linkers. Fuck them all to hell.

Dunno anything about that. I'm all in xrp

He won't be a millionaire once he pays his taxes. 1 million isn't making it all. I'm in NYC can't do much with 1 million lol..

Based

Boomers and normies win again

you know more countries exist besides america right

>earth does not exist outside of my shithole state!

..hack it.

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Hah imagine holding link for 3 years and getting rekt I on the other hand have held xrp for 3 years get rekt linkies

my point still stands lol. anyways buy link! lol !

soo basically he traded it for eth and btc which is ALSO down? sooo nothing is different you're telling me he still lost all those unrealized gains? fuck off op babby's first selloff detected

kek if he really did sell into btc then he has borderline lost all the money he would have paid in taxes (which he still owes despite losing 15%+)

I remember him getting a lot of flack for that post. He did good.

t. Sold at 19.30

>LOL! TAXES! HE ACTUALLY IS DUMB FOR SELLING AT $17 BECAUSE OF TAXES LOL!

>my point still stands lol. anyways buy link! lol !

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lose cope

I'm actually the user in question. At the moment, after estimated tax liability, my net worth stands now at $900K. I moved my $1.2MM LINK profits into BTC at $12300 and into ETH at $430.

I feel a little bad buying the BTC/ETH tops, and I now need to pay long term gains tax on my profit, but I am still up about $150k versus if I had continued holding LINK. Disregarding the tax, I am up $350K vs if I had held. The tax has to happen eventually whether I cash out now or in 5 years so I don't really consider myself 'down' for having to pay it now.

I am fairly neutral on the idea of whether it was a good/smart idea or not. It was simply what my risk reduction strategy required of me at the time.

ok jesse

godspeed and high IQ

I live in a zero income tax state so my liability is simply the 20% federal long term gains rate.

Don't you understand? The more you swing the less likley you will hold for a longe one. It's like a drug, you will feel good about this swing and your ego will grow. But with every swing, the chance of a fuck up will increase. Unless you have a high enough iq and really good trading discipline, your better off holding.

Depends if he's getting the long-term capital gains rate. Furthermore, why the fuck would you want to live in a left-wing shithole if you made it?

wanna see something cool?

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r u going to rebuy link if it dips ?

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I didn't buy until 12 on the downsweep, so I'm still just hanging out.

t. Newfag.

Sell enough into a Stablecoin so you can pay taxes if there is a crypto bear market for a year.

how low it can dip ?
even below $1 or like $4 tops ?

sub $1

It wasn't a swing, it was an exit. I retain 10K and will hold onto it until at least $100 or $0. If LINK dips further than I think it will, to the $6-$8 range, then I will double up back to 20K LINK, but I don't actually expect that to occur.

Yes, see above.

>tfw bought in at $8 thinking I was smrt

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This is an attack on all the LINK being held as collateral on AAVE.

Fucking idiot

Set your buy orders for $6. It won't dip below $7 for long.

Even if he did stay in BTC, BTC is down 20%, LINK is down over 40%.

well if this is a larp its honestly a pretty good one.
God speed.

fair enough.

If BTC and ETH are still fucked near end of year, I will probably sell temporarily to realize capital losses.