Bitcoin

How far down shall she go…

1e7e557d914a2c4e7d7542cd01e4e5dd.jpg



Sent from my iPhone using Tapatalk
Support at $74k if that fails $68k ish
If not now sometime this summer/early fall
 
When BTC goes south this thread goes quite. What's people thinking? My investment going down 29.33% in 8 months while boring stuff like QQQ and VOO are up +20% is getting harder to swallow
 
When BTC goes south this thread goes quite. What's people thinking? My investment going down 29.33% in 8 months while boring stuff like QQQ and VOO are up +20% is getting harder to swallow
Keep buying and stay diversified has been my approach. Im only putting 5-10% of any investments into bitcoin. It’s the same with precious metals. Some exposure is good but dont over do it.
 
As far as I know, wash sale rules do not currently apply to crypto. So you can at least harvest those losses and immediately buy back in. Helps offset gains at tax time.
 
Keep buying and stay diversified has been my approach. Im only putting 5-10% of any investments into bitcoin. It’s the same with precious metals. Some exposure is good but dont over do it.
A little more time and it will be self adjusted to that percentage. 🤣🤣
 
As far as I know, wash sale rules do not currently apply to crypto. So you can at least harvest those losses and immediately buy back in. Helps offset gains at tax time.
Its in my IRA. I transferred it from Edward Jones in May of last year to a Schwab IRA. And I put some in BTC trackers. I hate to admit it. But I would have been WAY ahead to have kept it in the garbage that EJ had me in.
 
Back
Top