+1 on all the above posts. Good job Johnny. There's been a lot of posters here that have come after you, but you have always maintained a high degree of class and you have always willingly and unselfishly shared all your knowlege. Hats off to ya bro.... Class act imo. Give a little back.... to whatever you chose as worthwhile. Not for karma or any other damn thing; just do what you think is best. I don't want a response lol... I just wanted to say congrats. Congrats!
It is going up exponentially. now it is @34000 Please change your Y axis from a linear scale to log scale. it might reach 50 000, 100 000 .... soon. Then it will be followed by Tulip Mania #2
Thank you very much for the kind words, Vanz. I have some plans to help some family members, coz we're kind of below the middle class level. No one knows how much we have, but they just know we invested in bitcoin
Its went from 29 to 47 Don't sell Johnny. This thing will be 70 in a blink. Don't sell one penny. Ride this thing to $86k. When it gets there you'll see some churn. Since New Year's you've made $600K... And here comes the caveot to the above... Don't sell the $1MM. But take the new $600K additional off the table. Don't be greedy. Its easy I know.... and it seems like such a sure thing... but take the $600K off, pay the taxes, do some reading or call a pro,... and roll the rest into a long term conservative plan for your kids' college tuition. I know that sounds like heresy from where you sit, but you just never know. You still have a million on the table. Take the $600K bird and buy granny bonds. (you get the point) Just do it. One month and 12 days has paid for 2 Ivy League educations. Almost. At least one using DCF. Take it off the table Johnny. Let the rest ride I guess.
Thank you, Vanz! You're a great guy and very much appreciate you looking out for me and wanting for others to do well. Just a correction, it's about $500K additional since Jan 1 as crypto pfolio is not all BTC's This is difficult for me to explain, but I will try. I have sold a little over $70K, my cost basis on it is less than $600. I will sell another $80K, so total will be $150K cost basis of less than $1K So, here's the kicker, after talking with TAX CPA, the profits will be added to my yearly salary. I have not sold the last $80K, no hurries... Why not, you ask? The $70K+ is sitting in the bank as it is, not doing anything, no yield, adding another $80K would be the same. I should buy the Tesla, probably in the next 2-3 months. I am planning to sell everything, maybe hold 5 btc's, if the bear market is confirmed. right now, there's no bear market in sight and I believe the bull market cycle is still in the beginning stages Best wishes to you, Vanzandt! I still have a nice job, so no risks of anything that would hurt us very badly just like the last bear market, it didn't hurt our lifestyle