Convert alts to BTC?

[Anonymous No.55240981]

So i live in totalitarian USA burgerland, i have a question and please serious answers/advice only. I have about 45k in alts, mix of QNT, RLC, LINK, few others like TRAC and LRC. When i started to invest it was the cycle top so just poor timing, im negative about 30k. Ive been holding to see if i can eventually break even (positive on my QNT and RLC). My question is, with all this crap from shit SEC fag Gensler, do i say fuck it and convert all alts to BTC, realize that 30k in losses and just take the tax write off for the next 10 years? Or do i continue to hodl with the hope that crypto in USA can weather the storm and I eventually break even or go back green? Thanks for the advice fellas

[Anonymous No.55240996]

I dont really care about how long it can take me to become positive again, this is long term plan for me. Its part of my overall investment portfolio im not into swinging. So even if it takes time for me to hit homer runs on the alts im fine with that

[Anonymous No.55241035]

>>55240981
It's almost 2 BTC anon, how many bitcoins do you expect to buy in future once 11 millions persons has 2 btc ?

[Anonymous No.55241059]

>>55240981
200'000'000 millions satoshi now
or
2'000'000 millions satoshi later
> ???????????

[Anonymous No.55241069]

Yes. Asap. Off exchanges onto a NATIVE open source wallet, and then through a mixer

[Anonymous No.55241222]

yes, sell the shitcoins for BTC, literally the only coins worth "HODLing" are BTC and ETH only fuck with altcoins in a bull market, do not marry altcoin bags, do not fall for the altcoin meme.

[Anonymous No.55241243]

>>55240981
this chick sucked a dick at a conference after party for btc back in 2011 now she's got more money than your entire family

yes. the schelling point is btc. even eth is riskier than btc so everyone retreats to btc

[Anonymous No.55241248]

>>55241222
You need to get the fuck out with your meth dealing. That chain was raped to dead by grifters and there is no redemption after pos

[Anonymous No.55241326]

>>55241243
True except that’s actually a man

[Anonymous No.55241558]

Crypto won't make you rich. Sell it and put the money jn a 401k if you actually want to build wealth long term. You zoomers need to learn to delay gratification.

[Anonymous No.55241590]

>>55241558
You jews are getting desperate. Are money market funds not pulling anymore
Trying to rug boomers and Young people with (((401k)))

[Anonymous No.55241601]

>>55240981
holy shit, imagine holding shitcoins during an entire bear market

[Anonymous No.55241631]

>>55241558
>implying the 401k itself is an investment
>implying you can't buy crypto in a 401k
>implying OP is a zoomer
>implying he's not alraedy delaying gratification by having 10s of thousands of dollars invested in something, not spent on bullshit

[Anonymous No.55241754]

In my 2 years of shitcoining, I've come to realize there are only 3 coins worth putting your money into.
Bitcoin: strongest store of value
Litecoin: great for spending
Monero: best for privacy

That's it.
I have a sizeable stash of ATOM but I'm fully aware it's a shitcoin and I'm only in it for the staking rewards and it seemed to have strong fundamentals that helped build some of the biggest chains (bnb, luna, dydx, fet).

In short, yes

[Anonymous No.55241769]

>>55241558
Nice try, Blackrock and Vanguard. I'm not funding your house hoarding + ESG projects you stupid twats.

[Anonymous No.55241819]

>>55240981
hold qnt and link, sell the rest for btc

[Anonymous No.55241840]

>>55241069
The recent SEC situation has got everyone on edge, leading to a frenzy of people wanting to move their assets away from CEXs. However, amidst all this chaos, there are some decent wallet alternatives emerging that offer more control and security. Nabox, Brillion, and Gurdia are among my top contenders.

[Anonymous No.55241857]

>>55241819
Fuck off advertising jew bot. Time you shut this shit down

[Anonymous No.55241932]

>>55240981
Get rid of LINK it's a globohomo shitcoin of the highest order, only shills hold that garbage. Drop that shit and buy literally anything else.

[Anonymous No.55242134]

Things will get bad later, get out while you can. Convert everything to BTC and withdraw it to your own hardware wallet.

>Or do i continue to hodl with the hope that crypto in USA can weather the storm and I eventually break even or go back green?
This is just wishful thinking, it's not gonna happen, you have to face reality.

[Anonymous No.55242161]

>>55241932
all of crypto are globohomo shitcoins, nothing wrong with gambling on things like ETH/LINK since they'll probably outperform BTC in the next bull run

[Anonymous No.55242180]

>>55241243
Nah she sold when it broke $1000 and is back to sucking dick, nice try though JIDF

[Anonymous No.55242314]

>>55241243
lol nice. sauce?

[Anonymous No.55242324]

>>55242161
>Eth ..
Drop it. You do more harm than good

[Anonymous No.55242392]

>>55242324
oh yeah, all this other shitcoins are fine but the shitcoin that forms the basis for the entire defi hype wave and functionality is somehow extra bad lol

[Anonymous No.55242538]

>>55240981
oh god, I want to milk bitcoin so badly

[Anonymous No.55242895]

Why is there so much fud about link?

[Anonymous No.55243538]

>>55241558
>Sell it and put the money jn a 401k if you actually want to build wealth long term

[Anonymous No.55243754]

>>55240981
BTC is NOT SAFE in the US anon.
No crypto is safe in the US. This is divide and conquer. ETH and BTC brainlets are celebrating that they are not in the crosshairs right now. Why do you think that is anon? Because SEC is not stupid and does not want to unite the entire cryptosphere into a single united anti-SEC front. Next target is Ethereum... last Bitcoin. Endgame is CBDC only. Takeaway, grandpa shitcoin BTC is not safe.

[Anonymous No.55243761]

>>55241601
by Shitcoin you mean outdated pointless meme-gold BTC?

[Anonymous No.55243766]

>>55242314
my cock [in his mouth]

[Anonymous No.55243775]

>>55240981
Most likely your shitcoins will never recover their previous highs

Better to sell now for BTC, you can always trade for the hot new shitcoins next cycle which will do better than your 2021 shitcoins anyway

[Anonymous No.55244273]

>>55241558
Im still maximg out my 401k also, i just do want some sort of crypto position in my broader portfolio

[Anonymous No.55244528]

>>55241558
>p-please prop up muh stock market
not buying ur bags, boomer

[Anonymous No.55244561]

>>55240981
>>55240996
Nigger jew big nosed rat face Gensler can only touch the u.s.
Even if the nigger faggot 1984 jew banned everything, other countries are keeping alts. Kike jew gensler can't stop alts worldwide

[Anonymous No.55244571]

>>55241222
You're a mentally ill maxi
>>55241243
Holy shit, you mentally ill pussies just can't handle alt coin volatility
>>55241558
HOLY FUCK
What's with all the normies? Get the fuck out of biz, redditor

[Anonymous No.55244577]

>>55241558
fuck off boomer

[Anonymous No.55244586]

>>55240981
I would put my bit in her coin, if you know what I mean..

[Anonymous No.55244587]

>>55243775
most likely you're poor and never experienced a bull or bear market (besides this one) before

[Anonymous No.55244596]

>>55243754
This guy gets it

[Anonymous No.55244612]

>>55243754
I mean u wouldnt consider it “safest” since its already been labeled a commodity?

[Anonymous No.55244625]

>>55244612
It's safe for now. Government is not your friend. CBDCs is the end goal. It's also not where the majority of the gains will be made

[Anonymous No.55244649]

>>55243754
Jew here, this anon is right. I'm sorry anons.

[Anonymous No.55244660]

>>55244625
Yea i mean im maxing out my 401k and HSA (more to reduce my taxable income) buying gold and silver, also will buy a investment property once rates start to fall. I make good money (physician), so of course still paying my student loans as well, but i dont want to just stack worthless dollars. Im trying to build a well balanced diversified portfolio of multiple different assets and asset classes

[Anonymous No.55244695]

>>55244660
Eventually ill also explore purchasing business as well but thats more a long term down the road idea

[Anonymous No.55244716]

>>55242538
WAGMI AVAX bro

[Anonymous No.55244788]

>>55240981
I do not recommend it at all. Bitcoin has already proven to be the riskiest and least profitable option in the whole game. Hold and stake in (good) alts is what will really save you in this fucked up bear.

[Anonymous No.55245315]

>>55242538
Did you say bitcoin and avax?

[Anonymous No.55245445]

>>55243754
i bet they will let btc be but with mandatory kyc, which makes btc basically a cbdc
maybe even ethereum

[Anonymous No.55245617]

>>55243754
The truth. Ideally crypto should price in every regulation news already and start the bullrun against all the fud. That's how you do a proper whale game shake off tactics. But i've no expectation from Crypto post 2017 desu, Too low IQ and PTSD induced.

[Anonymous No.55245643]

>>55242895
Swifts big selling point was settlement of energy trades between Russia and the eu. With Russia being sanctioned out of swift , it is now a walled garden banking cooperation of good goys. Link getting ccip for them going after 2022, a year too late because Russia is likely not coming back short of a regime change, that isn't going to happen while they are working on their own swift like cooperation with the Brics and neutrals. And link as American foundation is not allowed to partner with bad goys

[Anonymous No.55246535]

>>55241558
Nice try retard, come back in 5 years when I flip my Egld and Ride stash for a fortune that dwarfs your life savings.

[Anonymous No.55247522]

>>55241069
Who even messes with mixers anymore, dude? Privacy wallets give you full control and keep you under the radar.

[Anonymous No.55247799]

>>55241840
>However, amidst all this chaos, there are some decent wallet alternatives emerging that offer more control and security.
ZenGo, Sylo wallet, Bitpay should be great for the same purpose cos they're designed to he secured and accessible from anywhere in the world

[Anonymous No.55247849]

>>55244716
Both avax and Tomo were doing well in my portfolio
i'm confident in my choosing path cos i got the signal on my Al indicator before the SEC situation caught everyone unaware

[Anonymous No.55247850]

>>55240981
i'd wait until the dust settles and bury my head in the sand somewhere :)
the sec also sued the bejeesus of ripple yet xrp price is resilient albeit still far from ath
i heard cexs are listing gensler's securities in hong kong
but if you're yanquis, you're options might be limited. good luck

[Anonymous No.55247913]

>>55245617
Nice one

[Anonymous No.55247926]

>>55245315
Are you blind

[Anonymous No.55247944]

>>55240981
Should've done this last year. I honestly don't give a shit about altcoins, they are all scams. Altcoins are just lottery tickets, and other than that, they offer nothing but promises. Including Ethereum. Bitcoin is the only one that does what it's supposed to do and does it well.

[Anonymous No.55247975]

>>55243775
>Better to sell now for BTC,
You're right, its a nice one, and it's still bullish on my AI ratings page
>even if one needs to buy alts, it should be the ones that has values

[Anonymous No.55248213]

>>55247944
Idiot

[Anonymous No.55248631]

>>55244716
wagmi avax!