Are you taking profits Chad?

[Anonymous No.56592662]

Pump is all good but are you taking profit and getting ready for the retrace?

It will happen soon you know that. Don’t make the same mistakes as before Chads, protect your gains!

[Anonymous No.56592751]

>>56592662
What the fuck are you talking about?

It’s only UP from here

[Anonymous No.56592893]

>>56592662
No profit until a new ATH, so we keep buying and we keep pamping

[Anonymous No.56592894]

>>56592662
I will keep fuckin holding. No sell until the end of 2024

[Anonymous No.56593039]

>>56592893
Playing the long game is also an option of course but why not TP now and then buy low again?

[Anonymous No.56593073]

>>56592894
Welcome to be my exit liquidity in the coming ways

[Anonymous No.56593088]

>>56593039
I selled, i think there will be 1 more dump before the next bull run

[Anonymous No.56593164]

>>56592894
Take profits along the way, farms those stables until another retracement, buy the dip and repeat

[Anonymous No.56593353]

>>56593164
Most of the stable staking options' APYs are shit. Better than nothing though

[Anonymous No.56593371]

please don't sell marines! wagmi, but only if you don't sell

[Anonymous No.56593391]

I continue to DCA and hold until what I believe is the peak of the next run.
I will not incur taxable events along the way that will fuck me up the ass.
Simple as.

[Anonymous No.56593430]

Question:
If I had put $1000 in something at (to simplify) 0.00001 a few weeks ago and it's now at 0.001, would that 1K have been 100K now?
Or does Crypto come with a bunch of fees and taxes to watch out for? Smarter to just use the crypto to buy stuff directly where possible?

[Anonymous No.56593528]

>>56593353
Depends. Generally, if you stake stablecoins and only get the APY they are too little. If you get additional rewards, incentives, native token emissions, etc they become interesting

[Anonymous No.56593678]

>>56593353
You call 10-15% APR shit, I guess you want to get rugged

[Anonymous No.56593781]

>>56592662
i've been selling some ETH because i needed the money

[Anonymous No.56593784]

>>56592751
You will be surprised to see us dump soon, so it's best you take partial profit on the way up

[Anonymous No.56593890]

>>56593391
Converting your profit to stables which you can stake for passive income won't incur any tax on you, so it's just about acting smart

[Anonymous No.56593991]

>>56593781
too bad. You could have made a bunch of money through LSD protocols such as Curve or Pendle. Or a middleware that integrates them both like Spool

[Anonymous No.56594134]

>>56592662
what exactly are you taking profits off?

[Anonymous No.56594187]

>>56593890
for how long have you been playing the system?

> ROI on stables are usually low.

[Anonymous No.56594190]

>>56593073
if hes not selling then how is he 'le exit liquidity', retard?

[Anonymous No.56594236]

>>56594187

> ROI on stables are usually low.

Unless you get additional rewards or tokens other than stables

>>56593991
We need more of those integrations

[Anonymous No.56594404]

>>56593781
be sure to buy back before we get to 20k

[Anonymous No.56594579]

>>56594236
auto-compounding profits to capital would also make earnings on stables a little more reasonable..

[Anonymous No.56594660]

>>56593073
kek...

[Anonymous No.56594662]

>>56593890
Yes it will retard, at least in the US, any trade is a taxable event

[Anonymous No.56594692]

>>56593430
Yes
The only fees for crypto are the transaction fees, gas and fees taken by coinbase for example. And of course taxes due to the government for incurring a taxable event
But there are no fees for holding, so that 1000 would be worth 100k, just like a stock.

[Anonymous No.56594866]

>>56594692
I appreciate the insight, thanks.

[Anonymous No.56594960]

>>56592662
I'm taking profits alot, first on INJ, then Cake and Bake, now ETH.
Looking more into upcoming IDOs launch of KIMBERLITE which has an ongoing Zealy task with a last rewards pool which you can partake in as well.

[Anonymous No.56595013]

>>56592662
Takes a disciplined mind to TP in the midst of the euphoria though. A good move is to have a plan on how to deploy the profits after exiting positions.

[Anonymous No.56595030]

>>56593991
I'm still staking some of my stables there

[Anonymous No.56595061]

>>56592751
Rekt degen spotted. Keep it up cos we need the exit liquidity at the end of the day.

>>56593164
Sounds like a plan! You're better off farming those stables on yield aggregations rather than single yield generators though. Don't ask me why!!!

[Anonymous No.56595071]

>>56593164
This isn't as easy as it looks with gas fees, balancing the pf and many other things

[Anonymous No.56595094]

>>56595061
The same goes for the assets you're holding. We need to milk the shit out of this bull run aaaaaahhhhhh!!!
Once you buy, stake multiple assets at once until you decide to take profit. Don't lock'em though

[Anonymous No.56595116]

>>56593353
>Most of the stable staking options' APYs are shit.
You probably haven't looked at the APRs of Defi farms in recent times. It has improved so much that some protocols now allow you to create your own smart vault and decide your own APR based on your preferred risk appetite. Wake up fag!

[Anonymous No.56595117]

>>56595071
Automate it with a protocol that optimizes the gas for you. Not as hard as it sounds you illiterate fuck

[Anonymous No.56595154]

>>56593430
Depends on where you made the purchase; on chain is always cheaper.

>>56593678
Where are you getting 10-15% for stables?

[Anonymous No.56595167]

>>56595117
>>want to automate it
>> don't want to code everything yourself
>> find a software to do it
>> it steals your coins.

[Anonymous No.56595183]

>>56593781
I bought what you sold. Sell more biztard!

>>56593991
>Or a middleware that integrates them both like Spool
I thought they only had partnerships with RocketPool and StakingRewards which will allow their users leverage on rETH and srETH? Are you sure of what you're saying?

[Anonymous No.56595185]

>>56595154
I'm using Beafyfinance and SpoolFi, and they both offer APRs within that range

[Anonymous No.56595246]

>>56594579
If it doesn't give me a "set it and leave it" feature, I don't want it. I haven't hit the compound button on my defi vault in almost a year because I don't need to, already programmed to ease my stress

[Anonymous No.56595282]

>>56595094
>Don't lock'em though
If you still stake on protocols that require you to lock your assets, then there must be something wrong with your brain. Having no lock period gives you the leverage of unstaking at any point(for stables especially) when you get a good buy opportunity. "My funds were locked" sounds quite alien to me now.

[Anonymous No.56595291]

>>56595154
Noting that down, thanks.

[Anonymous No.56595310]

>>56595246
Which protocol has all that features?

[Anonymous No.56595385]

>>56595071
Get a project with a buffer system that can also automate all the process

[Anonymous No.56595484]

>>56595310
I've been enjoying these on SpoolFi(I also had similar experience on Yearn before I made the switch). Pretty much most innovative Defi protocols can do these now.

[Anonymous No.56595502]

>>56595185
The latter even offers far more higher APRs. It all depends on your risk appetite/tolerance desu

[Anonymous No.56596243]

>-75%

[Anonymous No.56596560]

>>56595185
I checked now and the highest that I see is 4.5%, so where did you get the 15% APR?

[Anonymous No.56596697]

>>56594236
I wish we can go back to DeFi season where we had 100% APY and more

[Anonymous No.56596878]

>>56596697
We should get that in the bull market, so prepare ahead for it or lose out

[Anonymous No.56597106]

>>56594187
ROIs are not low if you are on DeFi platforms.
CEXes offer around 2-4% but we can get as high as 10% on DeFi platforms

[Anonymous No.56597224]

>>56595185
i also use both spool and beafy. they both have unique characteristics

[Anonymous No.56597507]

>>56592662
which part of never selling don't you understand?

[Anonymous No.56597565]

>>56595061
Everyone knows that yield aggregators offer more yield and better risk management

[Anonymous No.56597620]

>>56597106
i get around 14% on spoolFi. that's way better than most CEXs around

[Anonymous No.56597654]

>>56594134
If you bought the dip, you will be in profit by now, so get your strategy right before the bull market

[Anonymous No.56597798]

>>56597565
and that's exactly why it's gaining more traction.

[Anonymous No.56597816]

>>56596560
You can create your own vault where you will use strategies with high yield instead of using the already existing ones

[Anonymous No.56597857]

>>56592662
Everyone keeps talking about "take profits" but I still haven't made any money wtf are you guys holding that's going up? My shit is still flat ;-;

[Anonymous No.56598801]

throwing my profits into blackswan because i have braincells

[Anonymous No.56598924]

>>56592662

I made 2K today in profits and quit my job. Fuck working for the man! It's all crypto from now on.

[Anonymous No.56598978]

>>56594662
This

[Anonymous No.56598999]

>>56597857
once you get high enough, get your initial investment out. Then worst case scenario everything dumps hard you walk away no worse for wear.

[Anonymous No.56599289]

>>56598924
kek... who is gonna tell this retard that you can lose your life savings in one go..

[Anonymous No.56599363]

>>56595385
SpoolFi is one of the few platforms with this feature. gas fees on eth can get outrageous

[Anonymous No.56599396]

>>56597565
Sadly not everyone; some people are still stuck in the Web of CEXs and single yield generators. Sadly, only unfortunate events can make them see the better options that exist elsewhere. Remember the recent Curve exploit, it tipped more users into using aggregators but some remained there.

[Anonymous No.56599409]

>>56593039
TAX

[Anonymous No.56599686]

>>56599363
The devs were smart to come up with a feature that pools transactions into batches. Don't think I've seen such on any other platforms until I came across it on here.

[Anonymous No.56599735]

>>56599289
It depends on what you're doing with these your life savings. If you're foolish to give it all to memes, then you're gonna lose it all in a blink; the smarter ones will opt for safer means of earning like leveraging these life savings across Defi vaults(preferably on aggregators for better risk diversification)

[Anonymous No.56599798]

>>56599409
>>56593391
>>56593430

>>56594662
>>56594692
and how the fuck does the tax man know you swapped $400 of fucking pepe to TRX on a wallet with no KYC?