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or just capital gains increases. If I’m gonna get taxed I just hold instead. The good stuff like speculation and trading take a hit.
we will see but I think you know
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im seeing a lot of signs that elon is stemming the flow of blood out of btc and that things will unfuck themselves in reasonably short order but its hard to find any precedent for this sort of collapse in like, the last year?
but its just so hard to imagine that all the algs and all the whales are going to just cash out now.
that will have to wait until president kamala invokes sweeping reform acts to regulate exchanges, of course.
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It would appear that I chose the nut-low time to go full retard on DeFi. Almost at the very top, right before an epic crash.
But we're going to be patient and ride this thing out!
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Originally posted by Wiganer View Post
Surely it just flies away as soon as it’s dug up?
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This morning I checked coinmarketcap and saw that everything is still falling in price, including the DeFi tokens that I stake. But when checking my portfolio I was a little surprised to see that it's up $300. High APR compensated for it.
-$1.6k
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I am starting to go down rabbit holes I’m not sure I want to go down. Has anyone looked into helium miners?
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Full disclosure, I am -$1.9k on this endeavor. BTC is -20% ever since Elon disavowed Bitcoin, and the rest of the market has tanked with it.
While crypto in general seems to correlate fairly well with what BTC is doing, there is a much stronger correlation between BNB and CAKE. The charts look nearly identical. That's interesting.
Anyway I'm continuing to accumulate CAKE and other DeFi tokens passively. These gains are not affected by price movement. I'll just wait it out from here. In the meantime I'll be hammering stablecoin pools
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Originally posted by sonatine View Post
theres a funny line in an article posted earlier where someone warned anyone getting into crypto that the market never closes and this is going to cause extreme psychological stress, waiting to see what china does in 5 hours every night as you get ready for bed.
its funny because its mother fuckin true.
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