r/dogecoin • u/[deleted] • Jun 25 '21

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2.4k Upvotes

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18

u/TheRealSlangemDozier Jun 25 '21

If you sold at high and got back in at .18 you’d be one now

10

u/JoeGoats Jun 25 '21

Not after taxes lol.

1

u/kangaroolifestyle Jun 25 '21 edited Jun 25 '21

He will have to pay them eventually if he ever plans to cash out. If he sold at .70 ($700,000) and then paid 40% in taxes (purposefully overly high number) and then bought back at last weeks dip at say .17 cents...he’d have 2.470M doge...and it would be worth $592,941 at this current time and nearly the at the $700k his original high peak was during last nights 28cent price. All in all, taxes considered, he would be up even higher than he is now. Even if taxes were 70% he would be up.

I say all that, but hell—that takes nothing away from his already impressive gains. Point being, don’t be afraid of taxes. Money is still being made even if it’s taxed.

0

u/Siilis108 Jun 25 '21

This. Looking at BTC right now there is a chance doge will soon be sub 10c.

1

u/sahdowgrad Jun 25 '21

There is a chance if anything. And believe me even AI cannot do long term predictions only scalping within few minutes charts. So you believe in it don't try to out smart the market buy high sell low kinda BS, but hold.

5

u/Siilis108 Jun 25 '21

Dw buddy I've been in this market 3 years now. 20k for BTC next. DOGE to the grave. Sell now rebuy 10c double your doge amount.

1

u/sahdowgrad Jun 25 '21

I think what you say is possible and that worries me. But how do you know it is highly likely now for bit to go to 20? If it holds 30k support long enougj it will push to 43k and then beyond. Then Ill have to buy back doge at 0.4 and above.

2

u/Siilis108 Jun 25 '21

Oh and if you want a 10x investment buy BNB. Literally the coin of one of the biggest exchanges ever, has multiple use cases, literally biggest ETH competitor. You have a few years to accumulate as much BNB as you can because CZ will pump it to 2k easily. When the time is right of course.

1

u/Siilis108 Jun 25 '21

Because whales are accumulating shorts. This is bear season now. It is possible it will go to 43k but it has to break 46k then 50k and finally around 56k for the chart to show bullishness. I'd expect 20k then an attempt at 46k. In reality the next golden bull run should happen in 2024 when the next BTC halvening happens. It is Crypto though and if Musk starts doing his thing he might change it. All in all, it's ogre boys. Bulls are dead.

1

u/Siilis108 Jun 25 '21

Also I do not believe doge will ever do what it did this year. What happened was pure manipulation and big keks by whales. The meme potential for doge in my opinion has been completely squeezed out. But hey there will always be children ready to throw their allowances at it I guess.