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14315387 No.14315387 [Reply] [Original]

I’m currently unemployed and here’s my 401k. Should I put it all into crypto?

>> No.14315404

>>14315387
dude, Im heavily invested in crypto but thats dumb. Its high risk high reward, dont invest money you cant lose.

>> No.14315406

>>14315387
all into link

>> No.14315410

>>14315387
yes. all in btc. get in while you still can

>> No.14315416

>>14315406
Came here to say this.

>> No.14315448

>>14315387
you're going to lose half that in the stock market anyway but you should have done it last year

>> No.14315456

>>14315387
buy gbtc you don't need to cashout and pay taxes on your IRA. just buy and HODL GBTC.

>> No.14315474

>>14315387
Take out 11k n buy one Bitcoin
Leave the rest there, one BTC is all you need

>> No.14315500

>>14315387
I keep thinking of doing the same, but the sad thing is, by the time you withdraw your 401k, transfer it to coinbase, then purchase btc, then try to tranfsr it to an exchange, the whole process will take about two weeks. By that time, this whole rally will probably be over with.

>> No.14315503

>>14315387
Yes

>> No.14315511

>>14315387
put every last penny into ETH because its going to hit at least $12k this bullrun peak.

>> No.14315516

>>14315387

There will be an initial exchange offering for Orion Protocol soon, you should look into that. Think of it as getting into BNB before it went to market. Fairly low risk since it's so cheap initially, but massive upward potential. Tell them GV referred you and you can probably even get into the private presale.

>> No.14315540
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14315540

>>14315387
>not having all your savings in bitcoin since 2017

just but the dip anon

>> No.14315566

>>14315500
quit fomoing like that anon, itll go sub 11k again just have some patience

>> No.14315567

>>14315474
I currently have 0.2 bitcoin, so should I just buy 0.8 bitcoin for now?

>> No.14315568
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14315568

>>14315540
> dip

>> No.14315586

>>14315456
Gbtc? Sounds like a stock instead of a coin. I should look into that

>> No.14315601

yes, buy bitcoin 100x long no stop loss

>> No.14315650

>>14315387
never fomo

>> No.14315659
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14315659

>>14315448
I’ve invested in crypto, just not as much as I wanted to. Here’s my portfolio

>> No.14315795

>>14315387
Zcash. Do it.

>> No.14315840

What wallet can I trust if I’m a brainlet?

>> No.14315890

>>14315500
Wtf i forgot how fucked coinbase was.
I simple transfer from my bank account to fidor account which takes about one day, login to bitcoin.de and buy/sell INSTANTLY.
Plus fees are lower than on goybase.

>> No.14315956

>>14315387
Wait until the first 30%+ decline and buy 1 btc

Hold until 2022ish


You'll stop worrying and you will have played it smart.

You'll probably make $30k+

>> No.14316001

someone tell me :
when do you take PROFIT ??
if value falls , the income goes down , right , so you need to take profit sometimes or doesnt work like that.

>> No.14316065

>>14315659
Anon those are really bad alt picks

>> No.14317004

>>14315659
how much time spent on reddit?

>> No.14317052
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14317052

>>14315387
ALL IN QUANT THANK ME LATER

>> No.14317061

>>14315387
This thread is a sell signal

>> No.14317079

>>14315387
Honestly I’m about to do the same thing. Stock market is teetering over the edge at the moment. Just gonna hodl some really strong projects.

>> No.14317093

>>14315387
Put it all in vidt

>> No.14317095

>>14315659
needs more link

>> No.14317105

>>14315567
Wtf u waiting for?

>> No.14317139

>>14315406
This. I only had $3k in all my savings to put into crypto last year. I listened to a friendly anon and put it all in link. Now I have more than your 401k. You will never make it without taking risks and link is that risk. Do the right thing. Go all in link.

>> No.14317155

>>14315511
>1.3 trillion dollar ethereum
Doubtful, the only coin hitting 1 trillion this bullrun is btc

>> No.14317162

>>14315659
Oh I just saw this. Nevermind. You're not going to make it. 100% normie tier portfolio.

>> No.14317246

>>14315659
>Vechain
>Cardano

>> No.14317379

>>14315387
Get 12k link. Hold 10k of it until 1k eoy, 2k to sell off at 50/100 bucks... Do whatever with the rest.

>> No.14317560
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14317560

>>14315387
>unemployed
>401k
>no one in the thread saying anything about rolling it over to another retirement account

Enjoy getting fucked on the taxes and penalty withdraw retard

>> No.14317626
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14317626

Yes. Better late than never.
Dollar will collapse and your 401k gonna be worth nothing. And 1 Bitcoin will have purchasing power of $1million in ~ 5 years.
Buy 1,5 BTC and 32 Ethereum.

>> No.14317633
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14317633

How fucked am I with this portfolio?

>> No.14317665

>>14317633
DCA into ETH before the 2.0 pump

>> No.14317837

>>14315387
Invest in Chainlink (LINK), you'll quickly make double if not triple that in just over a month

>> No.14318201

>>14315659

>0 eth

Won't make it imo

>> No.14318222

>>14317560

>not taking a loan out, going all in, then repaying with profits as the stock market drops so you get more shares than you had when you started with no fees or taxable events

It's like you want to be poor

>> No.14318380

>>14317633
Wtf do you think your going to do with that portfolio?
Enjoy staying poor anything 10k or less is a (all in or nothing)

>> No.14318624

>>14318222
You can't borrow against your 401k if you're unemployed dumbo. His work will automatically withdraw his balance and send him a check (minus the taxes and penalty)

>> No.14318695

>>14315404
Listen to this. Also, taxes.

>> No.14319596

>>14315586
it is a stock

>> No.14320671

>>14315404
Agreed. I'm an accountant. The tax penalties alone are suicide.

>> No.14320722

>>14315659
>ADA
>VET
>XRP

You aren't very smart.

>> No.14320850

>>14315387
why the fuck haven't you already?

>> No.14320916

>>14320722
Screw Chainlink, did you see it’s ATH last bull run? Disappointing!

>> No.14320943

>>14315387
Roll it into an IRA, put half into GBTC and half into an SP Index fund

>> No.14320982

>>14320943
This way you avoid tax penalties

>> No.14321055
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14321055

>>14315406

I can't wait for the next few years you faggots finally go broke.

I'm so tired of hearing you link spamming. you literally made barely any gains. your coin is worthless and will never be adopted. deal with it.