What's your investment portfolio look like?

[Cred]

sheesh, looks like some of these guys cud use less nc and more hustle lol.

@Ghost1 alt coin season is upon us, find u some good alt coins and a couple 1k investments, bet u hit.

I'm up 50k jus off just alt coins this year alone. Shiba got me damn near 10k and 30k jus off dogecoin

[Blue Bayou]

Theres so much evidence that time in the market > timing the market ... the large majority of the time anyway..


Crypto wise I own BTC, ETH, XRP, ADA and REN... but prob only about 5% of my portfolio is crypto

My primary focus first was maxing out my TFSA and RRSP (your 401ks and Roth IRAs) so that I have tax free growth forever . Those are the only accounts we really have for tax free growth in Canada

Both are a 90/10 equity vs bonds/gold/fixed income split as I'm still in my 30s and we can't buy Target Date Index Funds here... I'll reduce that ratio as I get older .... VTI being the primary ETF as it's more weighted to the US market , but some international exposure as well

Now that those are maxed I have a few non registered brokerage accounts that are a mixture of probably 30 to 35 ETFs and individual stocks... and a 4% Canadian Dividend ETF with a monthly dividend distribution I put money into everymonth ... next goal is to get that ETF to 6 figures and reinvest the dividends to accelerate the compounding


Ohh and emergency fund.... about 4 to 6 months of bills, mortgage etc etc just in case ... all cash obv

[Ghost1]

Blues plan is essentially what I'm working towards

Creds plan is why he's the gun bar king and I just emptied all my savings and out it into shiba TO DA MOOOOOOOOON

[Ghost1]

I would love to hit big on some alt coins tho I ain't even slightly mad....just seems wildly hard to determine

[Blue Bayou]

Surely the tax man takes a nice chunk of capital gains on crypto when they're sold?

I've never personally sold any of my crypto yet.... are your crypro gains taxed at your current income tax level in the US (assuming you have a job and declare earned income on your taxes)?

[big baby]

Originally Posted by Diode

various growth sectors, an etf here and there, some btc, some eth. my 3090 also generates about $250/mo in ETH. very small amount in 401ks from prior companies, none in my current job (they don't match and despite the tax advantages i prefer to be liquid when we're on the verge of collapse). 20k or so in an ira, though it's sitting in cash right now.

and about 300k in regular cash waiting for the recession so i can buy up cheap equities. hope i'm betting right on deflation and not runaway inflation.

diodixhio coukdnt wait 2 share

[kungfugrip]

Bro im doing the macarena while my whole life savings gets sucked into the internet like FOLLOW THA LEADA LEADA FOLLOW THE LEADA, HERE WE GO

[Blue Bayou]

BAILAMOSSSSSSSS

[Answer]

Originally Posted by Blue Bayou

Surely the tax man takes a nice chunk of capital gains on crypto when they're sold?

I've never personally sold any of my crypto yet.... are your crypro gains taxed at your current income tax level in the US (assuming you have a job and declare earned income on your taxes)?

Last I checked they recently passed a law or they were working to pass a law stating that you can be taxed on your crypto gains even if you haven’t sold, which is bullshit.

[kungfugrip]

Originally Posted by Blue Bayou

BAILAMOSSSSSSSS

LET THE CRYPTO TAKE YOU OVER BUY THE MOOOOSSSSTTTTTT

YOUR TAQUIERO, NO MORE PEOPLE

[kungfugrip]

Originally Posted by Blue Bayou

Surely the tax man takes a nice chunk of capital gains on crypto when they're sold?

I've never personally sold any of my crypto yet.... are your crypro gains taxed at your current income tax level in the US (assuming you have a job and declare earned income on your taxes)?

You need a better accountant

May i suggest a crooked jew

Ill give you my guys number, hus yarmukle is encrusted with the finest jewels

[Ghost1]

Whaddya guys think about algos staking and governance program they're rolling out? I don't have any algo....bit I like the sound of 7% yields

[dead man]

ADA LOL

Cult of Hoskinsin is everywhere. Enjoy those 2x gains over the next 6 years. “In it for the tech” face ass mfs. Unless you bought it a year ago.

I’m sniping low cap ETH chain plays for the rest of Q4.

I’m looking at some BSC / FTM chain tokens too. Anywhere from 500k-5m market cap.

Might get rugged on a few but that’s the game

[Ghost1]

So basically since eth is gonna blow an shift to proof of stake u looking for alt coins that build on its blockchain that are low cap so u can get in early before they explode?

Legit just still trynna learn crypto...

I bought an eth coin for like 2500 tho a while back an I'm not too mad at it

[dead man]

Who knows when ETH will transition from POW, the timeline has been pushed back for years as far as I know, and I personally don’t care, gas fees are just a cost of doing business. People don’t like it but it’s a stress tested chain (UNLIKE ADA which is essentially theory math and vaporware) so it’s the best we have.

I look for new projects with reputable devs and solid teams that have good ideas. Find them before CMC listings or pre-launch of whatever their product is. Some are shitcoins that feed off hype like anything in the INU dog coin category. KUMA / LEASH / BABYDOGE whatever. Or something with utility like DBUY that will drop a fantastic audio NFT platform later this year. Or GLCH or HEX or PulseChain which will be dropping in December. Some I hold some I trade. Gaming tokens are huge right now. So are ETH and SOL chain NFTs but minting is a gas war so you pay to play no matter what. Pixel art NFT market is already over-saturated anyway.

I personally think you can still make major gains in crypto the next few months. January/feb is probably when BTC blows off top and dumps back to 30-40k from 80-99k or whatever it reaches. Get in now while money is flowing

BTC -> ETH -> mid-cap -> small-cap

This is the flow of money. When Bitcoin cools off after a rally watch how people move their $$$ around.

Even in a bear market there is always money in the banana stand

Stay safe out there

[Ghost1]

my dude.

[Ghost1]

where u guys getting your crypto info from too btw I should have asked

any reliable sources youd recommend?

[Ghost1]

where u guys getting your crypto info from too btw I should have asked

any reliable sources youd recommend?

[dead man]

White Earl primarily

[Ghost1]

lol gone

touché