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/biz/ - Business & Finance

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28665355 No.28665355 [Reply] [Original]

Started 3 weeks ago with $800. Never had more than that to my name save 1 or 2 brief instances. Going to hit 6 figures by the end of the month with a few smart plays I lucked into by lurking and learning here. Feels surreal, too good to be true. Came up on asko after getting in early lurking here, Rubic mid-moon, and now DFT and $TRDL. Thank you lads, WAGFMI

>> No.28665570
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28665570

>>28665355
damn nice work anon
you've already made it in my eyes, that's some beautiful profits & i'm happy for you

Also got some TRDL myself so I'm excited for that to play out

>> No.28665725

>>28665355
>6 figs
You're expecting 100X on those holds by eom?

>> No.28665937

>>28665355
What the fuck. Congrats anon but how the fuck? I swear I pick all the shitty coins

>> No.28665995

>>28665355
how the fuck did you get there so quick? Thats insane.

>> No.28666029

>>28665725
He just need 2.5x buddy

>> No.28666044

That’s awesome man. One thing I gotta say is try to not sell dft to early, should make that into multiple 6 figs even 7 by end of the month. Congrats G. Much continued success.

>> No.28666053

>>28665725
Thats a lil more than a 2x. Really not that hard if he play his cards right

>> No.28666123

>>28665725
Yup, each have at least a 4-6x left in em, and I only need a 2x. Also got a few small bags of shitcoins, but my strat has been to go all in on low mcap gems

>> No.28666190
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28666190

>>28666029
>>28666053
I thought 6 was a million for a sec due to severe retardation.

>> No.28666213

Look at the volume on these shitcoins lmfao, how do you plan on selling? You’ll crash the price if you try and sell these fucking shitcoins

>> No.28666217

>>28665937
Same here. And keep trading them when i see one going up started with a couple thousand and I don’t see any gains

>> No.28666261

>>28666213
you will never be a woman

>> No.28666292

>>28666213
TRDL has a 6mil volume and good liquidity retard..

>> No.28666363

>>28665995
he literally said by lurking here and doing a little research

>> No.28666375
File: 77 KB, 400x560, DBD58F37-132F-4CE0-AD8C-9AB13E76D8C8.jpg [View same] [iqdb] [saucenao] [google]
28666375

That TRDL is going to put you at 250-500k this week, holy fuck good job fren

>> No.28666404

>>28665355
Lol get a load of this guy. You're gonna an hero soon when all your coins dump hard and you still have to pay for like tens of thousands in taxes while holding onto worthless coins

>> No.28666417

>>28665355
Congrats OP I hope t o be there soon

>> No.28666470

>>28666363
Thats fucking crazy, I thought $trdl was a scam but I might throw in because of this.

>> No.28666503

>>28666292
It had some like 400k trading volume just this week, this retard needs to dump these massive shitcoins ASAP

>> No.28666519

>>28666404
why would he still have to pay taxes retard

>> No.28666530

>>28665355
Nice job. I remember a lot of people making gains like this in 2017. I dunno why people are so amazed. Burgers maybe got too used to being cucked and stuck on shitty exchanges.

>> No.28666567

>1 post by this ID
come on
Why are you falling for this

>> No.28666591

>>28666503
>this retard needs to dump these massive shitcoins ASAP

Makes you wonder why he made this thread! Perhaps he's not a newb who started with $800 at all, but a long time shitcoin trader looking to unload his bags on /biz/.

>> No.28666600
File: 259 KB, 566x414, Unnieshenlo.png [View same] [iqdb] [saucenao] [google]
28666600

>>28665355
Good job. now SELL and realize all those profits and get into something that hasn't pulled more than a 2x.

UNN is on a dip now. Final re-test before parabola.

https://www.dextools.io/app/uniswap/pair-explorer/0x7f1da3697236d4a5e0efd2a99de5d9c076937856

>> No.28666608

>>28666519
Newfag detected

>> No.28666624

>>28665937
Yeah I feel the same way. This guy picked all the winners of the past few days. I seethe

>> No.28666661

>>28665355
I started with 50 cents three days ago. Hit 7 figures yesterday

>> No.28666691

>>28665355
god damn fren, teach me your ways, you're a fucking hero

>> No.28666701

>>28666661
congrats anon

>> No.28666752

I probably won’t get an honest answer but I’m a poorfag right now diversified into a few different altcoins and shitcoins. Have some of you really gotten to 5 digit hell from 3 here on anything but an amazing BTC or ETH run? I can’t help but feel like that time has passed. But I am also going to educate myself, hope and live frugally until I make it.

>> No.28666878
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28666878

>>28666530
>>28666591
Regardless, if you’re a newfag reading this or you’re the OP and you aren’t lying, please remember there were many anons euphoric about their Bounty0x gains just three short years ago, here’s what happened to anyone that “hodl’d” these worthless shitcoins. I don’t know when this stuff is going to come down, but these worthless low market cap shitcoins will not have liquid markets for very long and the vast majority will go to something approximating zero. At least realize some profits if you think 800 dollars is a lot of money.

>> No.28666931

>>28666752
I started with 700 about 10 days ago and am now at 2k, even after making several objectively shitty trades. Not amazing but I don't see 5 digits as very difficult from here, most of my buys are long term holds

>> No.28666945

>>28666752
>Have some of you really gotten to 5 digit hell from 3 here on anything but an amazing BTC or ETH run?

LINK would have turned a $100 investment into 5 figures if you bought in mid-2018

>> No.28667050

>>28666404
This. People always forget about taxes and fuck themselves over by being greedy.

>> No.28667168

>>28666945
I got here more recently, took a break from 4chan and wasn’t on biz before a couple months ago. Didnt start investing anything until this January. I think so far my best investment had been GRT, turned somewhere like 40 bucks into a few hundred. Nothing else has given me that kind of a return. Not that I’m complaining, even BaoMan running off with my money and buying at the top has taught me lessons so I think I’ll only continue to get better from here.

>> No.28667172
File: 30 KB, 512x512, photo_2021-02-12_15-07-19.jpg [View same] [iqdb] [saucenao] [google]
28667172

>>28666945
Indeed.

>> No.28667294

>>28666931
Honestly that seems amazing to me. I’m just getting into this stuff 3 days ago and I am starting with $400. Any tips? Thinking of putting a little in XLM when it dips next, XLP when it dips next, and HBAR, then hold. Might get some good gains long term. But I would like to start making some quicker money as well.

>> No.28667310

>>28665355
what DFT is that? there are 2 on marketcap

>> No.28667351
File: 44 KB, 400x394, 1608706178315.jpg [View same] [iqdb] [saucenao] [google]
28667351

>>28665355
>people actually believing this queer
Just look at the ASKO and Rubic charts you fucking retards. His story and timeline doesn't even make sense even if you're generous and assume he pulled out perfectly (never happens).
/biz/ has become so fucking stupid I stg. this is a strudle shill

>> No.28667401

>>28666519
you have to pay capital gains tax even if your coins reach 0 if you keep holding them, dumbass

>> No.28667450

>>28666404
Capital losses balance out capitals gains fucko

>> No.28667504

>>28666404
>>28667050
it's %gains per trade retards. it works out as long as you report what you earned, you'll be fine.

>> No.28667506

>>28665355
never heard of any of his garbage. its really like the ICO craze all over again

>> No.28667560

>>28667450
>These are the retards you guys are taking advice from
I said that he'll still be holding onto the shitcoins so where are the capital losses coming from?

>> No.28667671

>>28667401
No you don't retard
You think there's some law where tax is automatically calculated at the top of the market?
Trading a coin for a coin is a taxable event but just trade the coin again at the bottom and boom realized capital losses

>> No.28667717

>>28667294
I'm obv not a master trader or anything I think you'd be better getting some oldfag to give you advice

Of the ones you mentioned HBAR is the only one I hold. I also hold 1Inch and Fantom, then I swing trade random shitcoins like doge

Gotta be honest though bro, 1200 in 10 days is not very good returns, it's hard to make money with such little capital. I'm just slogging through the dirt until I can reach 5 fig hell and actually put some real cash into my investments

>> No.28667803

>>28667671
the brainlets are confusing it with if you sell at the top, rebuy at the top, then sell once it's dropped to zero.
in this scenario you're likely fucked because capital losses is only like 3k a year max, but you can roll it over on successive years (but 3k per year is nothing)

>> No.28667809

>>28667560
Yeah and if he's still holding the coin where do the capital gains come from retard? Where is the taxable event?

>> No.28667817

>>28667671
>selling coins near the bottom
NGMI, retard

>> No.28667921

>>28667817
>Trading a coin to another coin and then back to realize capital losses, thus eliminating taxes for the cost of trading fees
Suck my balls

>> No.28667929

>>28665355
I hope the market crashes one day before the end of the month kek.

>> No.28667951

>>28665937
This. For fucks sake.

>> No.28667957

>>28667809
Holy shit you're one retarded person. I would personally take out all my coins right now if I were you. Do you truly believe OP got all his money from just holding? Kill yourself retard because you'll just be speeding up the inevitable

>> No.28668096

>>28667957
OP got all his money from buying at the dip and selling at the top. he cant lose the tax game at his current rate

>> No.28668108

>>28665355
>>28666470
>>28666363

So pretty much find a shitcoin at the beginning of a pump and make sure it's not a pajeet scam?

Like how do you genuinely tell the profitable coins from the lousy ones?

There was a thread saying to lurk on telegram channels to find ICOs... Might try that

>> No.28668143

>>28667294
DFT and TRDL, both just starting their moon missions. Official biz make it coins for Feb

>> No.28668182

>>28668108
>There was a thread saying to lurk on telegram channels to find ICOs... Might try that
How

>> No.28668207

>>28667310
DeFiat

>> No.28668427

just make sure you dump after you hit your closure target

then convert half of that into fiat and use the other half to reinvest

>> No.28668441

>>28668182

altcoin alerts, crypto moonshots, uniswap research, unilock moonshot hunters.

>> No.28668461

>>28665937
what we do is basically gambling and OP is the guy who guessed the right color for roulette 5 times in a row.

>> No.28668501

>>28666190
You thought 6 zeroes instead of six figures. Retardation, but not severe.

>> No.28668717
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28668717

>>28666600
Holy fuck digits

>> No.28668859
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28668859

>>28667351
>>28666567
>It's real
https://etherscan.io/address/0xcd89d099f4c5d41aabb76b5edfc1c3eb9bcf2e46

>> No.28668995

>>28666600
you fucker stole the quads!

>> No.28669148

Are we going to tell him that his pajeet tokens are intrinsically worthless?

>> No.28669165

>>28668859

retard here, what am i looking at and why does this matter

>> No.28669235

>>28669165
It's OP's wallet. He really started with 800 bucks last month

>> No.28669386

>>28666404
> taxes
just dont pay

>> No.28669428

>>28667450
If he lives here in the States, they don’t. Whereas you’ll be fully taxes on all your realized gains, you can only claim $3k in capital losses per year. If you have more than that, you can roll them over annually at $3k until all are claimed. But if you make make $100k, swap tokens then lose the entire stack, you’ll be liable for takes on the full 100k and able to deduct only $3k in losses annually.
Yep, our tax system is fucked/

>> No.28669525

>>28665355
wait until he finds out it's like a 98% gas fee

>> No.28669537
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28669537

>>28669428
>you’ll be liable for takes on the full 100k
kek. did metamask or Uni ask for you KYC?

>> No.28669921

>>28667717
Thanks for the response. Im a poorfag unfortunately and I’m still trying to wrap my mind around this stuff. I guess that’s why $1200 in 10 days sounds good to me. Any resources or tips on swing trading shitcouns? I feel like I missed out by not getting into crypto back in Feb 7th before everything blew up

>> No.28670173

>>28668859
>https://etherscan.io/address/0xcd89d099f4c5d41aabb76b5edfc1c3eb9bcf2e46
How'd you find my wallet? Dumb question but like I said I'm new lol

>> No.28670404

>>28665937

I haven't made any actual profit I just literally broke even this month with my initial investment from two years ago. I have $13,000 and that's just about what I put into it all. I don't understand how I keep fucking this up.

>> No.28670408

>>28669428
Do you submit every transaction you do to the IRS nigger? No? Then theres no way they could know. Fuck em.

>> No.28670637

Fuck taxes when you make a milli on $DFT wtf yall even talking about. Stay poor. Make a fuck ton and who cares.

>> No.28670785

>>28670173
you're fucked lol

>> No.28670786

>>28666567
>>28666591

https://etherscan.io/address/0xcd89d099f4c5d41aabb76b5edfc1c3eb9bcf2e46 How do you respond to this?

>> No.28670807
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28670807

How do I fix my distro? Started with 8k a few weeks ago but it seems like all I do is pick scams

>> No.28671700
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28671700

>>28670173
I am going to drain all of your funds too :)

>> No.28671846

Newfag here. Also got into ASKO and RBC, but decided to hold. Oh well, i'll either make it if they get traction or go home poor.

>> No.28671881

>>28665355
How do you guys withdraw money?
Do you have to worry about the tax man?

t. 3 figures

>> No.28672495
File: 133 KB, 1180x1280, Defi moon.jpg [View same] [iqdb] [saucenao] [google]
28672495

>>28670637
Scary bullish trend here anon. We may hit $16 by end of tonight

>> No.28672575

>>28665355
Buy RLC if you wanna be early again

>> No.28672627

>>28672575
I'll check it out, been seeing it shilled a lot lately.

>> No.28673371

TLDR sounds like a complete shitcoin. DFT is anything but

>> No.28673678

>>28672575
Why RLC?

>> No.28674128

>>28669148
Just like bitcoin right?

>> No.28674185

>>28668859
Jesus Christ. Take note new fags

>> No.28674250

>>28673371
ITT faggot with no credentials tells someone who did a 50x in one month what is and isn’t profitable. Have you traded your way to a 50x this month anon? And more importantly do you have any proof?

>> No.28674614

>>28665355
Don't fool yourself into thinking you're a genius
big mistake

>> No.28674959

>>28668108
Research the fuck out of them. Go in the telegram and talk to the devs. Dont be a fucking retard and figure it out. Trust nobody, but take suggestions from everybody. if you do these things you will make it.

>> No.28675158

>>28665355
Anon.... I don’t want to disappoint you but you don’t count the commas, points and decimals.

>> No.28675232

How do I turn $1500 into >$1500 over a few days?

Just need to build up some capital to get started. After that I'm on my own

>> No.28676239

>>28675232
Buy the coins in OPs pic