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SVTPerformance's Chain of Restaurants
Road Side Pub
BITCOIN
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<blockquote data-quote="Rb0891" data-source="post: 16821703" data-attributes="member: 197417"><p>This did not convince me of anything. In fact I did something similar to your example. Put around 15K in crypto around this timeframe, but averaged in a little later. Investment went to a bit over 70K at peak. Prior to peak, I pulled around $15K (to pay cash on my GT500) with some left over to pay the taxes (on basically $1 basis). Now I have low 20's. Should have pulled it all out, but whatever - it is a high risk gamble (similar to amc, gamestop, actual gambling). I guess I could have bought baseball cards with all of their usefulness...</p><p></p><p>Regardles, our combined 401K/IRA's is down more than several hundreds of thousands of dollars. I am not sweating my playing around with crypto...</p><p></p><p>Are there many losing their ass trying to live of this stuff... sure.</p></blockquote><p></p>
[QUOTE="Rb0891, post: 16821703, member: 197417"] This did not convince me of anything. In fact I did something similar to your example. Put around 15K in crypto around this timeframe, but averaged in a little later. Investment went to a bit over 70K at peak. Prior to peak, I pulled around $15K (to pay cash on my GT500) with some left over to pay the taxes (on basically $1 basis). Now I have low 20's. Should have pulled it all out, but whatever - it is a high risk gamble (similar to amc, gamestop, actual gambling). I guess I could have bought baseball cards with all of their usefulness... Regardles, our combined 401K/IRA's is down more than several hundreds of thousands of dollars. I am not sweating my playing around with crypto... Are there many losing their ass trying to live of this stuff... sure. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
BITCOIN
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