What kind of fee do you have to pay coinbase that would require you to liquidate part of your savings?
Crypto Macro Trends for 2022
- Thread starter johnarb
- Start date
Coinbase does not charge a fee, only trading fees when buying or selling
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
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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
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
Whats it like to hold 17 of something cut 70% ?
And the tax on that ape bought for $5 must be epic
And the tax on that ape bought for $5 must be epic
Billy thinks that owning a Bored Racist Ape , makes you some kind of idiot, win , lose or draw.
I have to agree.
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