- Joined
- Feb 27, 2016
- Messages
- 228
- Reaction score
- 113
10 days no update? To the top!
ETH tumbling last night filled a bunch of my alt sell orders. After a little lull, this spike brings me to something past x3 my starting ETH value. Bought @550 all the ETH with my tax return (minus some happy money). Now sitting on enough that if ETH gets to BTC all-time-high I could retire (read: work 1-2 days a week and enjoy a larger income).
Current strategy:
End of acquisition phase.
Continue playing ratios, but more conservatively and with more stable coins.
OMG entry target @0.0185
Consolidate coins.
Plan for exit scenarios.
At a cursory glance, taxes don't seem to be a big issue at this point, since I've only gone up in dollar value by not-so-much. I'll still be filing them, of course, but if they were taken right now they'd be a lot less than they would have been had the price remained stable.
ETH tumbling last night filled a bunch of my alt sell orders. After a little lull, this spike brings me to something past x3 my starting ETH value. Bought @550 all the ETH with my tax return (minus some happy money). Now sitting on enough that if ETH gets to BTC all-time-high I could retire (read: work 1-2 days a week and enjoy a larger income).
Current strategy:
End of acquisition phase.
Continue playing ratios, but more conservatively and with more stable coins.
OMG entry target @0.0185
Consolidate coins.
Plan for exit scenarios.
At a cursory glance, taxes don't seem to be a big issue at this point, since I've only gone up in dollar value by not-so-much. I'll still be filing them, of course, but if they were taken right now they'd be a lot less than they would have been had the price remained stable.