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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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57780371 No.57780371 [Reply] [Original]

Just dropped 5k into BTC and 5k into ETH.

First time buying crypto, now what happens?

>> No.57780399

>>57780371
you hold, and wait for the price to appreciate. Then you sell (early next year) and try to use jurisdictional arbitrage to pay as little tax as legally possible.

>> No.57780406
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57780406

Congratulations, even if BTC doubles you'll only make 5k. Invest it on yourself instead

>> No.57780430

>>57780371
You're now faced with the choice of either cutting your losses early or hoddeling with le epic diamond hands all the way to the bottom.

>> No.57780488

>>57780371
Now you develop alcoholism and a serious gambling addiction
Welcome to biz