What kind of fee do you have to pay coinbase that would require you to liquidate part of your savings?
Ah. I got it. You sold a little over 25K so that you could cover the fee and still have 25K in your account. I miss read your post.
*** Post is for entertainment purposes only *** Sold the Bored Ape and acquired 3 btc's and put the rest in cash Listed the Bored Ape a few days ago above floor price but someone bought it anyway (it has some rare traits) Took a 20% loss on Eth price, but the real loss is on the Eth $ price decline of over 60% The Bored Ape was a diversification crypto allocation to NFT, ETH, Crypto gaming and Metaverse I'm still holding the Otherside Metaverse land NFT so technically still have diversification exposure to above but at a much smaller scale --------- This crypto winter may last for a while and I have a difficult time calculating risk exposure on an illiquid NFT asset, and certainly not with as much locked value on a Bored Ape Crypto portfolio is 17 btc total (2 at Coinbase) and a couple of NFT's with value
BTC holding pretty nicely, as I said months ago I expected $10k, not that if effects my operation because who sells BTC anyway?
Billy thinks that owning a Bored Racist Ape , makes you some kind of idiot, win , lose or draw. I have to agree.
I should say... didn't post this to celebrate or take entertainment from anyone's loses. Just knew it was coming... its what Bitcoin does. It was an expression of a child on a rollercoaster and I LOVE Bill Paxton. Soon the weak and diseased antelope will drop away and the rest of us will feed on their bones.
Thanks for the info!! Yea, Bill Paxton was a great actor and died too soon, RIP... If BTC was to go down to $10K, that would be in line with previous bear market peak to trough price crash of over 85% I would prefer to wait until $5K/btc but I don't think btc may go that low. I'll start to add at $10K/btc So far, we have not broken the previous cycle's high of $20K, I stayed up late last night but finally gave up and went to sleep. I just wanted to see it break, was not planning to buy or sell anything The sitting out and waiting is the difficult part of being a hodler Other people involved in cryptos are quietly building their projects, and in the past I had a job I could focus on... I should learn how to code so I can understand some of these smart contracts for the next bull market