After using most of my Netflix options on a down payment, I have $150K left in options I can exercise. So far in the crypto market I’ve made about $50K in profit during alt season with very little seed investment ($10K) Should I sell all my Netflix options and throw $150K into a low cap coin and ride to Valhalla? EDIT: which coin, regardless of whether they have good fundamentals or not, would you ride the wave if I did this? #crypto #Netflix #bitcoin #altseason
What platform do you use to invest in crypto?
KuCoin, Uniswap, Binance US
What coins are you thinking?
Who knows. Still doing research
What do you consider low cap? I’ve had quite a few coins 15x; and one 100x
I’m thinking of doing the same. Where are you getting your intel from?
HOLOCHAIN all the way baby. At 2 cents right now, with 150k you will be a multi millionaire when it hits 1 dollar. The have solved all of the pain points of distributed ledgers and will compete with Amazon in the future for app hosting, but they will offer decentralized apps, so Amazon won't own your nuts. Look into it. Ticker is HOT.
Do Everest ID coin. It's a meme that has been going up because people think it'll be used to implement global social credit scores. Like on some 1984 shit. I'm hoping people who are afraid of vaccines and 5G start to talk about it more so it can pump some more.
This is how so many people got fucked out of their money, by investing in some random gamble.
Yep which is why I’m hesitant to do it 😇
If you do it go with a top 5 coin
Are you just planning to buy and hold or do you plan to do any discretionary trading? How much in the way of taxes will you pay to sell your Netflix options? If its being taxed via short term capital gains, then that throws a wrench in the plan.
10-yr CAGR 200%. If bitcoin performs half as well for the next 5 years, a $160k investment will land you at $5 million Bitcoin has 100 million wallets and is a $1 trillion asset with a TAM of $100 trillion. If a stock runs up quickly, it’s considered overvalued. If bitcoin runs up quickly, it gets stronger - check out metcalfe’s law If we get hyperinflation not only would it go up but it would protect you versus other assets Dm me for directions
What's your nw? You going all in?
$3M net worth. Nah I have about $750K in cash and own two homes worth $2M total This is a ton of money (my Netflix options) but I’m thinking this bull run, if played right, would net me way more than sitting on Netflix options
So you're gambling 20%? 10 percent is a safer thing, put the other 10 on some other crapshoot