Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Retirement Topics
Bitcoin/Ethereum/cryptocurrencies
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="johnnyunion" data-source="post: 4868833" data-attributes="member: 27167"><p>True , I would have made money but not almost double . The simple reason is that once sold , approx 38 percent of the profit goes towards taxes , so when you buy back in you are not doubling your amount of bitcoin in this scenario but you are increasing your bitcoin stash, true.</p><p></p><p>Besides, your scenario implies you know the tops and the bottoms of a trading period. If you are capable of doing that on a consistent basis, then why don’t you set up a self directed (self managed) 401k( I know you like those) and swing trade your way to easy money ?</p></blockquote><p></p>
[QUOTE="johnnyunion, post: 4868833, member: 27167"] True , I would have made money but not almost double . The simple reason is that once sold , approx 38 percent of the profit goes towards taxes , so when you buy back in you are not doubling your amount of bitcoin in this scenario but you are increasing your bitcoin stash, true. Besides, your scenario implies you know the tops and the bottoms of a trading period. If you are capable of doing that on a consistent basis, then why don’t you set up a self directed (self managed) 401k( I know you like those) and swing trade your way to easy money ? [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Retirement Topics
Bitcoin/Ethereum/cryptocurrencies
Top