Retards are selling theirs alts to buy bitcoin right now

Retards are selling theirs alts to buy bitcoin right now.

Attached: images (74).jpg (401x367, 15.53K)

Other urls found in this thread:

Zig
twitter.com/NSFWRedditVideo

>Link is guaranteed 20x in next year or two, could possibly start the run up at any time
>people risk missing out on this to get 30% gains in btc

Attached: brainlet.png (645x396, 71.1K)

crypto rookie mistake.

eventually xrp and/or other industrial-grade cryptos will attract some investors who can write big checks and aren't lunatics or manipulators. bitcoin could very well lose its status as #1 marketcap, and when this happen it will drop. at that point btc may be cheaper than it is now and it could be a good time to buy a bit.

the flare snapshot could precipitate this, so it might happen as early as december

Yeah if youre in the US it's a low iq move.

>create taxable event selling your already 20x up alt to ride a pump.
>owe at least 20% in taxes on your gains but this is of course ignored.
>sell back to alt at the end of the pump for alt season. Again creating taxable event.
>price inevitably corrects and you don't time your exit before the bull run ends.
>2021 starts
>cuckbase and others report your gains to the irs.

Now you owe more in taxes than you have because in 2020 you are hugely profitable on paper and owe tax

Too bad you are now broke in 2021 due to bad trading decisions. If you want in just buy btc with new money from your income. Don't swap needlessly if you are in a shitty tax country like the US.

what if you don't sell but "convert" to different coin, does cuckbase snitch? i thought you only had to pay taxes if you withdraw fiat to a bank

>buy bitcoin right now.
If you newfags have any brains, you'll do this (or buy when BTC reaches $30,000)

>Like 20x
Can a linkmarine explain the tism behind such claims? Or is this post just actual shit?

If you're using a dex coinbase probably doesn't know, but they would know what address you withdrew funds to and the IRS could easily audit the chain to see where the funds went from there.

It seems like the IRS is stepping up their game this year with forensics tools so it's best to be prepared that they may know unless you are really careful about your privacy.

Also crypto to crypto is still taxable in the US. If you are a high roller I would be concerned. If you're just trading small stacks they probably don't care.

How long should I hold on to it?
I was planning to exchange my bitcoin for shitcoin, but it looks like BTC is peaking itself atm.

I mean, if people are dumping alts, this might be a good moment to sell and pick up their shit from the floor.

Attached: 1599873678337.png (480x417, 224.36K)

that's literally the only reason why btc is pumping.
Next to zero money influx.

yes, retail selling alts is what destroyed the 1000 BTC sell wall on binance in 10 seconds... surely thats what happened.

imagine thinking 1000btc is an unimaginable fortune

Look at the chart and make up your own mind.

>has no rebuttal
>y-yeah, well you're a poorfag

Attached: 1601358102001.jpg (1024x576, 49.58K)

>tfw only swung 100 of my pathetic 500 linklet stack
Whew

but you are
I don't have enough for 1000 but I could buy hundreds of btc if I sold all my eth. So the idea that you think just few clones of me is proof something is ridiculous

>s-shut up poorfag
>I'm super rich, really, b-believe me

Attached: 160129120968642.jpg (640x640, 41.33K)

I don't even have $10M so no I'm not rich

and then hits 50k

>replys in 20 seconds
seething

Attached: 2323245252.jpg (409x393, 18.6K)

That's perfectly fine to me.

I just click the reply notification? not really doing anything atm

I honestly pity you user. You can still buy some BTC, it's not too late

>checks reply time
who's the one to be pitied, user?

Wtf is a reply notification you faggot

If you own btc while not even having $1M you're dumb. You're never going to get rich of it. It would need to be worth trillions just to 10x.
Btc had low returns this year, look up btc and eth prices from Jan 1 yourself. On top of that almost everyone in eth here made at least 2x yield farming, even 3-4x, while btc losers aren't even aware they missed so much.
Zig Forums-x.net/
it shows in the right bottom corner of the browser for me

Bitcoin is less about the short term ROI but rather having the strength of the proof of stake blockchain.

It’s a good investment for sure, and it’s more of a sure thing than other coins.

>Bitcoin is
>proof of stake blockchain.
what?

Sorry proof of work. I’m stoned as hell and thinking about buying discount Algorand or Cardano.