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So biz, how much have you made/lost and when did you start.

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Thread replies: 13
Thread images: 3

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So biz, how much have you made/lost and when did you start.

>Started last week before the crash
>down £400 ($522usd)
>Ended before I began...
>>
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>Started with 500
>Made 1500 $ by investing
>Started daytrading
>lost 1000$
>cahsed out 1000
>>
>>2782032
Schmucks don't understand that you can't simply start daytrading. You need to do your math first and gain the skills.
>>
>>2781972
>Started in March with about $2500
>Lost $400 my first week being an idiot and falling for pump and dump coins
>Realized ETH was a godsend from the heavens and dumped more money into it, still trading shitcoins on the side
>Turned $2500 into about $8,000 by end of May
>Kept fucking chickening out realizing that ETH was always going higher so I shouldn't keep selling as soon as it goes up because I always end up buying higher
>Decide on its final run that I'm just gonna fucking hold no matter what
>ETH dips
>My $8000 has turned back into $5000
All in all I've doubled my money but I feel like shit because I've lost like $3,000.

I'm still holding because I know my coins will go back up.
>>
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>start with $500 on yobit a couple months ago
>buy xvg at 17sat
>buy rdd at 20sat
>buy xby at 600sat (before the spike to 2k)
>buy eth at $261
>buy btc at $1900

All in all made really awesome profits for a while, but then I made the greediest move of my life and went all in on NMR at ~.475sat. I will baghold forever.
>>
$2500
Down to $1500

Every decision i've made is wrong ;_;
>>
>>2782083
good god. did you not look at the price before hand?
>>
>>2782221
Tell me what you did so I know what not to do
>>
$5000 into eth in March, turned into $50000 but I didn't cash out because I'm afraid of taxes. Down to $22000 and starting to diversify into ARK and ICN. Still plenty of free money though, no complaints here
>>
>>2782236
I hodl too long when things go up and I buy too high because I got fomo.
>>
Started 80$ in mid june then went up to 280 dropped to 180 last week-end and now at 240 making my way back.
I mostly buy dips and sell higher, trying to get a feel for the market and how it all works. I fully realize this strategy wouldn't work when approaching 1BTC bids/sells but right now my goal is to get a BTC which I should be able to in a few months.
>>
>>2782242
whats wrong with taxes ?
>>
>>2782264
If I sell and "make" $50k and then reinvest it into another crypto then I won't have the $18k liquid asset to pay when tax season comes. The Fed may not know I earned it until it hits my bank but if an exchange reports and I don't claim in going to get fucked. That's my concern anyway.
Thread posts: 13
Thread images: 3


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