Crypto----thoughts going forward

[marshal]

I made 70% on DOGE yesterday.  Should have kept it and I'd be up over 100%.  Bought back in a bit ago and up up 10% in the last 15 minutes.

[marshal]

if you would have put $100 into doge in January, it'd be worth $40,000 today.

[mattq]

easiest 450% I have ever made  It was only 30 bucks initially though

[Dan_AKA_ROY23]

Can't buy and sell Dogecoin on Coinbase. Gotta go to other exchanges. Binance and Kraken are two reputable exchanges that off Dogecoin.

Yeah, missed the boat on that one. My CB account at $1,500. Initial investment $500 3 years ago. The account low was $97. lol  :huh:  

[Dan_AKA_ROY23]

*offer

[Dan_AKA_ROY23]

Pretty big drops. Bitcoin -15%. Litecoin -25%, etc.

[JParis]

Bought the dip  

[Jim at Gentex]

Smaller coins exploded.
DOGE is off the charts good.

I bought mine @ $0.05
Currently at $0.41
Yes, that's around 800% profit if I cashed out today.

[Dan_AKA_ROY23]

[quote="Jim at Gentex" post_id=9776 time=1618831169 user_id=83]
Smaller coins exploded.
DOGE is off the charts good.

I bought mine @ $0.05
Currently at $0.41
Yes, that's around 800% profit if I cashed out today.
[/quote]

Nice.

Now, to calculate profit you divide profit by initial cost basis... so that would be 720% profit (0.36/0.05).

(congrats)

[Dan_AKA_ROY23]

And if/when you do sell your crypto... gotta report profits to IRS. (sooner or later they'll find out)

[Jim at Gentex]

And if/when you do sell your crypto... gotta report profits to IRS. (sooner or later they'll find out)

Yeah, I know...DON'T REMIND ME!!    

I'm just letting it ride for now.
If the dollar really does collapse as many people think it will, we may all end up using some form of crypto as our primary currency.

[Jim at Gentex]

btw...
Rumor has it that today (April 20th) is DOGE Day.
The objective is to get Doge to break the $1 mark.

Bring it on!!  

[JParis]

Welp, Doge never made it's big spike and has dropped a ton....

[Jim at Gentex]

Meh...I'm still ok with it.
I bought @ $0.05, and it is still hovering around $0.31, so it would have to really plummet before I could lose.

[Ron]

I discovered DOGE back in November of last year. The price was around .0027somthing. Bought 1500 bucks worth. 537,000-ish coins. Sold it after a week or so when it wasn't moving very much.  20 to 50 dollar swings each day. Made a couple hundred bucks and moved on...

That was a day that I regret!!!