@Jkylebass Bitcoin is the currency of freedom , a hedge against inflation for middle class Americans,a remedy against the dollar’s downgrade from the world’s reserve currency, and the offramp from a ruinous national debt. Bitcoin will have no stronger advocate than Howard Lutnik.
I've swapped assets to buy $ONDO in my altcoin portfolio.
One of my key strengths was to be buying strength in the cycle of '21.
I thought: why wouldn't that be the right strategy again in this cycle?
The cycle seems to be a lot more complex, and is soon going to be easier as the markets are likely kickstarting a bull cycle (why wouldn't it, altcoins are already firing off left and right (some!)).
Those first ones are likely going to be the runners of the coming period.
No need to overcomplicate things.
That's why I've done the following:
Sold:
- 21621 EIGEN --> essentially the buy of earlier today --> made a wopping 4% profit on it.
- 100K SEI --> wrong decision, allocation too large, need to rotate.
That gave me: $9,562.
I've added the remainder $338 into it to make it $9,900.
Bought:
- 26400 ONDO at $0.375.
The chart looks phenomenal and it's clear that liquidity will move back towards the assets that are showing strength.
NEAR, HYPE, ZEC have seen a strong run and they'll continue to see strong runs, so it's quite easy to be buying the dip on those assets.
However, WLD and ONDO are following them and one of them has already tripled, while the other one is making itself ready for the next leg up.
No need to overcomplicate things, and that's why I've build a position of around $10K into ONDO.
@michaelsnape In early 1990's the 'recession we had to have', it was very common that people had 'negative equity' and literally walked away from the house and handed to keys to the bank... signs on houses everywhere saying 'mortgagee sale'... it can happen again.
@_mumbling_me@PatMabuns as others have mentioned... the new rule has a MINIMUM new tax rate of 30% on any gains even with ZERO income, the tax free threshold of $18,200 no longer applies. So yes Gran pays 30% when selling small amounts of shares to pay living costs and medical bills.
@GOLDBABYO Set up Siri and teach your mom how to use it.. if she could yell out ‘hey siri call gold baby’ or alternatively buy her an Apple Watch same deal and even easier if it has auto emergency call when it senses a fall motion