Mother Of All Whore Threads Non-VIP Edition v.1

no one knows what will happen with crypto, but just be aware that 10k new dogecoins are released every MINUTE. The market is constantly being flooded with new coins every minute/hour/day/year.
 
webby said:
no one knows what will happen with crypto, but just be aware that 10k new dogecoins are released every MINUTE. The market is constantly being flooded with new coins every minute/hour/day/year.
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Oh, I’m aware. I bought my bulk under $0.10 and my current average is $0.13 so I’m pretty relaxed. I’m considering selling off my Dogecoin and moving up to Ethereum.
bootyluvr said:
F crypto! F mining!
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Agreed. I need me a damn 3080/90.
Janz3n said:
that stuff is way too confusing to me. i'll just go to work instead.
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It really is. I panicked and sold a thousand dollar investment back in February and if I would’ve held onto it it would’ve been worth ~$10k today.
 
I did a bit of trading during the last boom in 2017 I think it was. Barely got out before the following dip. And now I'm too apprehensive to jump back in.
 
Another BEAUTIFUL Morning. Dogecoin surged and I sold half of my stash. Just paid for my Injectors and Tuning. It’s all free money from here on.
 
stilletto said:
Another BEAUTIFUL Morning. Dogecoin surged and I sold half of my stash. Just paid for my Injectors and Tuning. It’s all free money from here on.
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Nice! :thumbsup:

It's a rainy morning here. It was coming down pretty hard a bit ago.
 
stilletto said:
Another BEAUTIFUL Morning. Dogecoin surged and I sold half of my stash. Just paid for my Injectors and Tuning. It’s all free money from here on.
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how do you buy dogecoin. better question, how do you pronounce dogecoin?
also how does this stuff work. say i bought $100 worth of dogecoin at .62cents how much would i get if i sold at $1? math stuff.
 
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Janz3n said:
how do you buy dogecoin. better question, how do you pronounce dogecoin?
also how does this stuff work. say i bought $100 worth of dogecoin at .62cents how much would i get if i sold at $1? math stuff.
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I use Robin Hood for it’s simplicity. It’s pronounced “Doje”? If you bought $100 worth at $0.62 you’d have 161.29 Coins. Once the value reached $1 you’d have a stash worth $161.29. These cheap coins are usually just used for pumping and dumping. It’s the ones who invested thousands back when one coin was worth less than a nickel that are seeing six figure returns. Some folks became millionaires within six months. I’ve got a little over 2,000 Coins left so I’m hoping, along with everyone else, this weekend brings the dollar and I can cash out again. Not in this for the long haul.
 

Digital assets | Internal Revenue Service

You may have to report transactions involving digital assets such as cryptocurrency and NFTs on your tax return.
www.irs.gov www.irs.gov
just note crypto gains and taxes. This is the first year I had to fill out forms regarding buying & selling crypto for capital gains tax.
 
Seems like a huge risk but the possibility of making money makes it seem awesome. I've looked in to it just now and it does seem easy enough. I'm not sure I want to risk the chance of losing my money a second after I buy though.

robinhood is not offered to canadians. i signed up for a canada only crypto trading site but they dont deal with dogecoin.
 
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So I obviously had no idea how crypto or stocks work. For some reason I thought that if the price dropped below what you paid you lose all your money but its only if it goes to 0. So I talked to a friend that has made money on ethereum using an app so I went ahead and gave it a try and put some money in it.
 
Yea you only lose if you’d sell it if the price drops below what you paid. If you pay $100 and it goes to $90 and you decide to sell, you’d lose $10.
 
Janz3n said:
So I obviously had no idea how crypto or stocks work. For some reason I thought that if the price dropped below what you paid you lose all your money but its only if it goes to 0. So I talked to a friend that has made money on ethereum using an app so I went ahead and gave it a try and put some money in it.
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Ethereum Classic is probably a good place to throw some spare cash. It’s dipping right now too.
 
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