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8911306 No.8911306 [Reply] [Original]

FUCK YEAH
I KEPT BYING THE DIP AND IT FINALLY PAID OFF
NOW I'M ONLY DOWN 115% SINCE DECEMBER!!!!!

>> No.8911415
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8911415

>>8911306
>I'M ONLY DOWN 115%

HOW THE FUCK IS THAT EVEN POSSIBLE!!??

>> No.8911421

>>8911415
he had to pay more taxes than he had net worth

>> No.8911435
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8911435

>>8911421

>Paying Taxes on Crypto

>> No.8911974

>>8911415
>>8911421
because I kept increasing my stack from the initial investment retards

>> No.8912010

>>8911421
current law states unless you bought something with crypto you pay no taxes

>> No.8912012

Your math doesn't check out friendo. How much fiat did you invest in total? And how much is your portfolio worth now?
100% - (Portfolio Value/Fiat Investment) = Percent Loss

>> No.8912065

>>8911974
Thats not how you calculate ROI, frien

>> No.8912081
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8912081

>>8911306
>down 115%

>> No.8912168

>>8912012
>>8912081
>>8912065
>literally failing high school math
lmaoing @ ur retards. You're the kind of retard who thinks betting on black and doubling up every time you lose is a viable strategy.

>> No.8912257
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8912257

>>8911421
>>8911435
>>8912010
https://www.investopedia.com/news/irs-says-fewer-100-people-have-reported-bitcoin-holdings-so-far/

>> No.8912421

>>8911306

Fuck you're a loser. Just kys dumbshit.

>> No.8912448

>>8912168
You're the one who has failed math retard. lmao. You can't be down 115%. Lmao. If you invested say $50,000 into crypto, you're fucking telling me that the value of your portfolio is -$7,500? Get the fuck outta here.

Betting on black and doubling every time is what's called the Martingale Method and it is not recommended because you need a significantly large bankroll to avoid capitulation. The more rounds of roulette/baccarat you play, the higher the likelihood that you will lose more than half your bankroll. I would only use this strategy if you are playing at a land-based casino for fun and have enough bankroll. If you are playing online, where you will be able to play lots of rounds within a short period of time compared to a land-based casino, you will capitulate.

>> No.8912541

>>8912448
>You can't be down 115%. Lmao
of course you can you lose your first lot of funds, then on the second fail you only lose 15% that is 115%. and i am a 10000000% better at number thingies than my mum, so yea i know things