I can’t see why financial lenders wouldn’t view crypto investments as equity. Therefore you wouldn’t really need to cash it in for it to be valuable to you.rb85 wrote: ↑Fri Jun 04, 2021 9:19 pmInteresting Im not knowledgable enough about crypto but unless you can use it to put a deposit on a house then you need to cash it in for your holding to actually be of any value.happyfriggincamper wrote: ↑Fri Jun 04, 2021 9:04 pmInvested a balance between what we were comfortable in losing, but also enough to have a potential profit pull that would make putting down something like a house deposit very easy. 600% up we were on our way to comfortably having a house deposit.rb85 wrote: ↑Fri Jun 04, 2021 8:08 pm600% on how much invested? Have you cashed out?
I haven't cashed out any profit into AUD, but I've taken profits from some low cap alts I had good gains on and reinvested them into BTC and some other coins/projects that look to have solid fundamentals and use cases (which is more part of my long term strategy).
Karen Coin at Freddy's tackle
- Kimtown
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Re: Karen Coin at Freddy's tackle
- 4liters
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Re: Karen Coin at Freddy's tackle
They probably wouldn’t view it as equity because of its volatility and the fact that there is nothing of any value behind it.
2015/16 Fisting Victoria Species comp total: 289cm
Brown Trout: 37cm
Flathead: 51cm; Squid: 36cm; Australian Salmon: 51cm; Snapper 46cm; Silver Trevally 23cm; KGW: 45cm
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Brown Trout: 37cm
Flathead: 51cm; Squid: 36cm; Australian Salmon: 51cm; Snapper 46cm; Silver Trevally 23cm; KGW: 45cm
Major Sponsor: Rim Master Tackle
- 4liters
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Re: Karen Coin at Freddy's tackle
It’s what happens when you forget to stuff cash into the wall cavity or bury it in the tomato patch
2015/16 Fisting Victoria Species comp total: 289cm
Brown Trout: 37cm
Flathead: 51cm; Squid: 36cm; Australian Salmon: 51cm; Snapper 46cm; Silver Trevally 23cm; KGW: 45cm
Major Sponsor: Rim Master Tackle
Brown Trout: 37cm
Flathead: 51cm; Squid: 36cm; Australian Salmon: 51cm; Snapper 46cm; Silver Trevally 23cm; KGW: 45cm
Major Sponsor: Rim Master Tackle
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Re: Karen Coin at Freddy's tackle
Probably because its highly speculative or as 4L said its volatility.Kimtown wrote: ↑Sat Jun 05, 2021 8:07 amI can’t see why financial lenders wouldn’t view crypto investments as equity. Therefore you wouldn’t really need to cash it in for it to be valuable to you.rb85 wrote: ↑Fri Jun 04, 2021 9:19 pmInteresting Im not knowledgable enough about crypto but unless you can use it to put a deposit on a house then you need to cash it in for your holding to actually be of any value.happyfriggincamper wrote: ↑Fri Jun 04, 2021 9:04 pmInvested a balance between what we were comfortable in losing, but also enough to have a potential profit pull that would make putting down something like a house deposit very easy. 600% up we were on our way to comfortably having a house deposit.
I haven't cashed out any profit into AUD, but I've taken profits from some low cap alts I had good gains on and reinvested them into BTC and some other coins/projects that look to have solid fundamentals and use cases (which is more part of my long term strategy).
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