Spork3245 Posted April 14, 2021 Share Posted April 14, 2021 16 minutes ago, Uaarkson said: LOL GAMESTOP Quote Link to comment Share on other sites More sharing options...
Brian Posted April 14, 2021 Share Posted April 14, 2021 LTNC ride is over. It was fun while it lasted Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted April 14, 2021 Share Posted April 14, 2021 Stock Drop Cry GIF - StockDrop Cry Angry - Discover & Share GIFs TENOR.COM Click to view the GIF Quote Link to comment Share on other sites More sharing options...
Uaarkson Posted April 14, 2021 Share Posted April 14, 2021 35 minutes ago, Spork3245 said: Stock Drop Cry GIF - StockDrop Cry Angry - Discover & Share GIFs TENOR.COM Click to view the GIF ART Quote Link to comment Share on other sites More sharing options...
osxmatt Posted April 14, 2021 Share Posted April 14, 2021 2 hours ago, Spork3245 said: Stock Drop Cry GIF - StockDrop Cry Angry - Discover & Share GIFs TENOR.COM Click to view the GIF Every time. Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted April 14, 2021 Share Posted April 14, 2021 I really wish I shorted COIN today, holy fuck. Quote Link to comment Share on other sites More sharing options...
Brian Posted April 15, 2021 Share Posted April 15, 2021 I might nibble if COIN drops below $300 Quote Link to comment Share on other sites More sharing options...
Jason Posted April 15, 2021 Share Posted April 15, 2021 I think my boner has lasted long enough to warrant calling a doctor. Quote Link to comment Share on other sites More sharing options...
Jason Posted April 15, 2021 Share Posted April 15, 2021 17 cents Quote Link to comment Share on other sites More sharing options...
Jason Posted April 15, 2021 Share Posted April 15, 2021 18 cents Quote Link to comment Share on other sites More sharing options...
Jason Posted April 15, 2021 Share Posted April 15, 2021 It's back at 18 but was at 19. 🚀 Quote Link to comment Share on other sites More sharing options...
mclumber1 Posted April 15, 2021 Share Posted April 15, 2021 1 minute ago, Jason said: It's back at 18 but was at 19. 🚀 Shame it wasn't 17. Quote Link to comment Share on other sites More sharing options...
Jason Posted April 15, 2021 Share Posted April 15, 2021 1 minute ago, mclumber1 said: Shame it wasn't 17. It was 17 earlier, they grow up so fast these days. 1 Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted April 15, 2021 Share Posted April 15, 2021 There’s a single New Jersey deli doing $35,000 in sales valued at $100 million in the stock market WWW.CNBC.COM Hometown International reported $35,748 in sales in 2019 and 2020, combined, but is worth millions in the over-the-counter market. 1 Quote Link to comment Share on other sites More sharing options...
Air_Delivery Posted April 15, 2021 Share Posted April 15, 2021 16 minutes ago, Spork3245 said: There’s a single New Jersey deli doing $35,000 in sales valued at $100 million in the stock market WWW.CNBC.COM Hometown International reported $35,748 in sales in 2019 and 2020, combined, but is worth millions in the over-the-counter market. Shit like this, Dogecoin and crypto in general make me very nervous about the state of things. Like none of it makes any sense and when things don't make sense they tend to blow up spectacularly. It feels like FOMO on a scale we have never seen before. Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted April 15, 2021 Share Posted April 15, 2021 Just now, Air_Delivery said: Shit like this, Dogecoin and crypto in general make me very nervous about the state of things. Like none of it makes any sense and when things don't make sense they tend to blow up spectacularly. It feels like FOMO on a scale we have never seen before. OTC market is basically the wild west. The only OTC stock I’d ever consider is probably Nintendo or one that’s attempting Nasdaq compliance. Quote Link to comment Share on other sites More sharing options...
Air_Delivery Posted April 15, 2021 Share Posted April 15, 2021 2 minutes ago, Spork3245 said: OTC market is basically the wild west. The only OTC stock I’d ever consider is probably Nintendo or one that’s attempting Nasdaq compliance. It feels all connected. Everyone is FOMOing trying to strike it rich. And everyone can't be rich. Quote Link to comment Share on other sites More sharing options...
Brian Posted April 15, 2021 Share Posted April 15, 2021 OTC is full of pump and dumpers. You can definitely make money but you can also lose quite a bit. Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted April 15, 2021 Share Posted April 15, 2021 11 minutes ago, Air_Delivery said: It feels all connected. Everyone is FOMOing trying to strike it rich. And everyone can't be rich. Consistent small gains > lottos Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted April 15, 2021 Share Posted April 15, 2021 BTW, I seriously need to remember to buy WWE the week before WrestleMania and sell the Friday before next year. Seems to jump and dump like clockwork almost every year. Quote Link to comment Share on other sites More sharing options...
Air_Delivery Posted April 15, 2021 Share Posted April 15, 2021 The gains made by my "safe" investments like VIGAX/VUG would have been considered ridiculous at any other time in history. It just makes me a bit nervous like asymmetric inflation is happening or the gap between asset holder "haves" and everyone else is accelerating at a breakneck pace. The whole thing feels very combustible. Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted April 15, 2021 Share Posted April 15, 2021 1 hour ago, Spork3245 said: There’s a single New Jersey deli doing $35,000 in sales valued at $100 million in the stock market WWW.CNBC.COM Hometown International reported $35,748 in sales in 2019 and 2020, combined, but is worth millions in the over-the-counter market. Okay, I’m legitimately considering taking the 40 min drive to go here now. I have questions and the reviews claim they have good cheesesteaks Your Hometown Deli (856) 687-5339 Google Maps GOO.GL ★★★★★ · Deli Quote Link to comment Share on other sites More sharing options...
Jason Posted April 16, 2021 Share Posted April 16, 2021 19 cents for dogecoin again It's now at the point where I'm getting torn on what to do. If I sold everything right this second I'd have about $12k after taxes (all long term capital gains, I've been holding these for years now), but it's so fucking tempting to hold out for dogecoin hitting $1...if it were $1 right now I'd sell a quarter of my dogecoin and then ride the rest out. Quote Link to comment Share on other sites More sharing options...
Air_Delivery Posted April 16, 2021 Share Posted April 16, 2021 3 minutes ago, Jason said: 19 cents for dogecoin again It's now at the point where I'm getting torn on what to do. If I sold everything right this second I'd have about $12k after taxes (all long term capital gains, I've been holding these for years now), but it's so fucking tempting to hold out for dogecoin hitting $1...if it were $1 right now I'd sell a quarter of my dogecoin and then ride the rest out. If it were me I'd lock in some gains and then average out it. Quote Link to comment Share on other sites More sharing options...
Jason Posted April 16, 2021 Share Posted April 16, 2021 20 cents Quote Link to comment Share on other sites More sharing options...
Jason Posted April 16, 2021 Share Posted April 16, 2021 1 minute ago, Air_Delivery said: If it were me I'd lock in some gains and then average out it. The hard part for me is let's say I sold a quarter of my coins right now at 20 cents, I'd net about $3k after taxes. That's nothing to sneeze at obviously and I'd be a little sad if I wake up tomorrow to dogecoin having cratered back down but I don't need the $3k, $3k isn't nearly as tempting as it would have been before all the money I've saved the past year. Which makes circles back to fueling the temptation to just go for broke on holding out for a huge gain. Quote Link to comment Share on other sites More sharing options...
Air_Delivery Posted April 16, 2021 Share Posted April 16, 2021 Its gonna crater its just a matter of when. But YOLO Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted April 16, 2021 Author Share Posted April 16, 2021 Jason just become a musk reply guy and push for him to pump doge 2 Quote Link to comment Share on other sites More sharing options...
Air_Delivery Posted April 16, 2021 Share Posted April 16, 2021 Its up to .24 now lol. Holy fomo. Quote Link to comment Share on other sites More sharing options...
Brian Posted April 16, 2021 Share Posted April 16, 2021 Yolo it. $12k ain’t much. You might as well hold on to it and let it ride. Quote Link to comment Share on other sites More sharing options...
mclumber1 Posted April 16, 2021 Share Posted April 16, 2021 How do capital gainz work with trading cryptocurrency? Quote Link to comment Share on other sites More sharing options...
Jason Posted April 16, 2021 Share Posted April 16, 2021 10 minutes ago, mclumber1 said: How do capital gainz work with trading cryptocurrency? It's the same as stocks, but establishing the cost basis can become a nightmare if you've got a bunch of crypto-to-crypto swaps to keep track of. Each time you do a swap you're technically supposed to treat it as a taxable event and declare the gain/loss you took as a result of the swap...even if you're keeping track of the actual prices at the times you do the swap it's a headache trying to figure what's valued at what out once you sell. When I eventually sell I plan to just say the cost basis is $0 because the actual cost basis is at most $100, not worth trying to figure out the actual cost basis at that point if I'm making at least 5 figures on the sale, it's at most an extra $85 in my pocket. I was technically supposed to declare each deposit from the mining pool as a taxable gain but it was so little money at the time that I never bothered. Quote Link to comment Share on other sites More sharing options...
Jason Posted April 16, 2021 Share Posted April 16, 2021 It hit a quarter a little bit ago according to Coinbase. Quote Link to comment Share on other sites More sharing options...
Jason Posted April 16, 2021 Share Posted April 16, 2021 27 cents, was at 29 cents before. 1 hour ago, Jason said: Quote Link to comment Share on other sites More sharing options...
Jason Posted April 16, 2021 Share Posted April 16, 2021 Apparently it was at 30 cents briefly. Quote Link to comment Share on other sites More sharing options...
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