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It’s just your redemption rights like all SPACs have. This is why people say SPACs have a de facto floor of NAV. Supposing those two stocks were UNDER $10 a share, you would still have the right to redeem them for $10 a share plus interest.

Looks like I picked the right time to invest in Ethereum and VET. Thank you all for pushing them so hard, I wouldn’t have otherwise. Now the question is paying attention to the valleys and peaks and knowing how to play them to sell / out buy back in. How do you guys measure this against both...

Holy fucking Binance coin. I thought it was too late to get in at $400.

Yeah. It seems like a lot of the pundits are describing a big run up then a massive sell off, but later in the year. I’d love to be able to run up some big numbers then buy back in lower.

Interesting. Maybe for some other countries it doesn’t work that way perhaps. Or why else would some people mention when they want to get out exchanging to stablecoin vs just cash? Is there any advantage to that?

That’s good to know!

So the idea being the stablecoin is $1. Since you exchange, say, $45,000 in ETH for $45,000 in a $1 stablecoin, the rise in ETH from when you bought the ETH originally at that moment gets taxed?

Regarding capital gains, newbie question. Obviously if you buy coin X for ten dollars a coin, then sell it for 20 dollars a coin, you pay taxes. However I’ve seen people mentioning if you want to go into cash to, say, sell at the peak of a cycle, you instead exchange for a stablecoin like DAI...

Fuck, I knew I should have bought way more vet last week.

Funny enough I thought of that when I took the CZ out yesterday. The light is still bright but that’s definitely a year plus old battery.

ETH tonight! $$$ Also traded some rando shit coins for a grand total in vet.

Binance does. That's where I bought mine.

Wah wah. https://www.bloomberg.com/news/articles/2021-04-09/hedge-fund-melvin-capital-posts-first-quarter-decline-of-49

Dayum! Nice RICE. I sold all my CPUH which means of course it went up this week.

Ha. I bought $500 of VET at 10 odd cents, wondering if I should have bought more.

Yep, use ACH. It’s free.

You're not entirely wrong, it's something to consider, but I'm not that worried. Personally, if someone can actually make it into my gated neighborhood (through walls and two separate guarded gates at that,) Paul Kruger and myself will be waiting. I'm that guy with a gun inside the couch in...

No big secret really! I have a base salary of $140k a year. Not married, never had kids. I’ve owned a couple of BMWs, a Corvette for example, but now I drive a Civic. I could get a much more expensive car but I choose to avoid payments, expensive tires, etc. At some point I started to view money...

Alright, I’ve got some coin now. Maybe I’ll buy another $20k worth in the coming month or something, we’ll see how it goes. If ETH does what a lot of people here and elsewhere says it will this year this is a healthy start I guess. Would have been nice I had I got a cost average at 1800 or less...

They’ve let you buy crypto for some time. Problem is it’s not exactly the best way to buy it. You don’t actually have a wallet for it so you have no real control over it. Robinhood owns the coins, you just have a representation of it. Also, fuck Robinhood in general. That said if you want to...

Well sure, I get it’s a real thing, but it’s these people calling any downturn everywhere on every stock manipulation.

Mine showed up for what it’s worth but it’s just silly. All it does is show what you have in Coinbase.

Nope. Only thing you can do is link your Coinbase account and view what you have in Coinbase. I’m not even sure why it’s a thing, other than perhaps some day there will be more interaction between the two.

“Teh manipulation!” Even social media for crypto is full of this now. Bitcoin goes down, “this is being manipulated!” The good thing is people are calling out the idiots on it and piling on with comments or downvotes. Fucking GME / AMC cult is to blame for all of these retards.

Oh THAT explains why the guy I know doesn’t like him. He’s a bit of a lib.

I got in at like $18 and sold for $28 back in December or whenever it ran up a ton. Never bought it again after that, but yeah, it’ll definitely go places over time.

Also, ETH back to $2000, some dip that was. My money just cleared my bank so I’m ready to push the button at any moment and buy more, but I’m gonna monitor it these coming few days and see if it doesn’t dip again any more significantly.

No idea about those people, but I have a very wealthy friend in finance who hates him too. To the point I wouldn’t even tell him I ever invested in Palantir, ha. I haven’t much heard him explain why other than he infers he’s morally corrupt or doesn’t like his practices in some way.

Yeah, it looks like she’s holding steady in the $1900s. Which is a good thing, even if I’m trying to buy in.

Oh man. I’m glad this is dipping just as I’m looking to buy in. Let’s see if it touches 1700-1800s again. Guess I should have waited on the $1990 ones but eh, doesn’t amount to that much over time.

It begins! Just bought 3 at $1990. Will get more later this week.

Thanks for the info. Now to see if ETH actually stays down a bit for a day or two...

SPACs are so January 2021. I'm moving to the fast paced e-world of crypto currency. That's right, bits and bytes, futuristic moon money. Note: I couldn't explain what blockchain is if you held a gun to my head.

Wot kinda gainz you lookin' at for 2023?

I just sold a 1965 Mustang project car for $7400 cash that wasn't doing anything worthwhile, guy drove 3 hours to come get it. This shit is going straight into crypto tomorrow, with more buying coming later this week. I already bought $500 of VET today. All Eth? Some Cardano? Some Polkadot...

I’m done with SPACs for the moment. Too much opportunity cost lost. Call me when these turds are hyped again. 😜 We’re done! I don’t want to date you anymore!

Guess I’ll sign up for a Binance account also. Aren’t they the ones you guys mentioned lost money a few years back, but gave everyone their money back? That sounds hopeful, at least. 😜 Edit: Took less than 10 minutes to become fully verified. All the way through advanced verification and USD...

Thanks, interesting stuff. Even a thousand dollar investment in some of these could pay off big in a few years. It seems like they’ve all got their unique place / niche.

Yeah. I just have some money locked up from selling some stocks for a few days so I'm kinda dead in the water until it comes out of the settlement period. Hopefully it doesn't skyrocket to $3k or something by Friday. What do you think of Polkadot, Cardano, and Vechain to throw a few thousand...