Message from @IAmHiding

Discord ID: 442311295048613889


2018-05-05 13:02:20 UTC  

>not funnelling the money <:smug:402400327313391616>

2018-05-05 13:02:24 UTC  

The economy is always going to go up but the question is if there is a better move for your money

2018-05-05 13:02:56 UTC  

You can invest in an index fund like the SP 500 and just leave your money in there and make more

2018-05-05 13:03:26 UTC  

But something more risky like crypto is where you make 200% or even 20000% gains

2018-05-05 13:03:46 UTC  

Fuck you 217k I'm jealous af

2018-05-05 13:03:51 UTC  

It's far less risky if you just buy in really low and be patient.

2018-05-05 13:04:02 UTC  

EOS was under $4 during the crash

2018-05-05 13:04:07 UTC  

Guess how much ive made personally in crypto

2018-05-05 13:04:09 UTC  

Anyone could've bought that and held.

2018-05-05 13:04:29 UTC  

143 dollars

2018-05-05 13:04:39 UTC  

Ive probably made other people make thousands though

2018-05-05 13:05:06 UTC  

Yeah all of the "I could've made!!.." stories tend to haunt me lol

2018-05-05 13:05:22 UTC  

I used to mine Monero when it was $1. And BTC when it was 300$

2018-05-05 13:05:22 UTC  

I know for a fact from what i did with my aunt she ended up making 70k in a year though

2018-05-05 13:05:27 UTC  

She pulled out of most by now

2018-05-05 13:05:57 UTC  

I think we could go really big this time. 50k+ BTC or more.

2018-05-05 13:06:02 UTC  

I remember i came over when the crash was happening and all i said was to not sell anything

2018-05-05 13:06:29 UTC  

Imagine sperg selling all ur shit when it dips <:GWfroggerHyperXD:399972553524903938>

2018-05-05 13:06:45 UTC  

Yeah it's funny but tons of people do it.

2018-05-05 13:06:59 UTC  

Thats literally why the big dips happen

2018-05-05 13:07:10 UTC  

Literal reddit tier coiners

2018-05-05 13:07:31 UTC  

And the chinks have algorithms to just sell all their shit and buy back

2018-05-05 13:07:32 UTC  

The problem for me is, I was going to sell at 860$ while it was crashing but I didn't.
And the reason is that it would no longer be considered a longterm capital gain if I did.

2018-05-05 13:07:56 UTC  

I could've sold all of that, then bought back in at 360$

2018-05-05 13:08:05 UTC  

But then the gov would take 50% in taxes.

2018-05-05 13:08:17 UTC  

It's ridiculous

2018-05-05 13:08:29 UTC  

50% <:lmaoJUST:402622080719519744>

2018-05-05 13:08:33 UTC  

WHAT

2018-05-05 13:08:44 UTC  

Would you recommend phone mining?

2018-05-05 13:08:48 UTC  

Nope

2018-05-05 13:09:06 UTC  

I haven't tried it, but there are some people that do well with Electroneum

2018-05-05 13:09:10 UTC  

Unless you have a spare phone but at that point its just for laffs

2018-05-05 13:09:23 UTC  

Well, I did try it. But not for long because I got a shitty hashrate.

2018-05-05 13:09:32 UTC  

Drains the fuck outta ur battery too

2018-05-05 13:09:53 UTC  

I got a spare phone with an Asian band

2018-05-05 13:10:03 UTC  

It doesn't work on lte or 4 g

2018-05-05 13:10:09 UTC  

You can run several Android emulators on your desktop and mine with a graphics card too.

2018-05-05 13:10:12 UTC  

What phone

2018-05-05 13:10:29 UTC  

Forgot what it was called tbh I got it for free

2018-05-05 13:10:42 UTC  

Hey give it a shot. It's pretty easy to set up.

2018-05-05 13:10:50 UTC  

Yeah try it