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SVTPerformance's Chain of Restaurants
Road Side Pub
BITCOIN
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<blockquote data-quote="quad" data-source="post: 16616205" data-attributes="member: 17952"><p>I sat through the dump in 2018-2019. Saw Ethereum go from $1,350 down to $80. Yes I could have sold and bought more at the dump - I just did not have a clue which way things were heading just like everyone else. But I am still here and have a very decent portfolio.</p><p></p><p>It's going to correct along the way. The hodlers are the ones that have been winning longterm. There are many guys that sold thousands of Bitcoin when it hit $100. Every time they did that and bought back in as the price went up they ended up with less and less Bitcoin. I am sure there are some lucky dudes that sold at the top and bought at the bottom. But there are very few I think.</p><p></p><p>Michael Saylor has admitted that he's terrible with trading and would rather just hold and ride the ups and downs. I am sure he will have to cash out some though.</p><p></p><p>Two months ago Alex Becker sold Ethereum at $1,800 and bought another digital token that went up 3x-4x. Then he held it too long and now his gains are about 2x. And meanwhile Ethereum has gone up almost 2x since then. So now all he has to show for it is more capital gains taxes. Unless he does not plan on paying taxes until the IRS comes knocking.</p></blockquote><p></p>
[QUOTE="quad, post: 16616205, member: 17952"] I sat through the dump in 2018-2019. Saw Ethereum go from $1,350 down to $80. Yes I could have sold and bought more at the dump - I just did not have a clue which way things were heading just like everyone else. But I am still here and have a very decent portfolio. It's going to correct along the way. The hodlers are the ones that have been winning longterm. There are many guys that sold thousands of Bitcoin when it hit $100. Every time they did that and bought back in as the price went up they ended up with less and less Bitcoin. I am sure there are some lucky dudes that sold at the top and bought at the bottom. But there are very few I think. Michael Saylor has admitted that he's terrible with trading and would rather just hold and ride the ups and downs. I am sure he will have to cash out some though. Two months ago Alex Becker sold Ethereum at $1,800 and bought another digital token that went up 3x-4x. Then he held it too long and now his gains are about 2x. And meanwhile Ethereum has gone up almost 2x since then. So now all he has to show for it is more capital gains taxes. Unless he does not plan on paying taxes until the IRS comes knocking. [/QUOTE]
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