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DCA and get ready for the bull market - msg from Magneon

🕑 Added 2021-02-12 21:45:57 +0000 UTC

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@SL 🤣🤣🤣🙏🏼🙏🏼

MUST HAVE COIN LIST room 😋

Exit plan room 🤣

Does anyone know the discord room that discusses cash out and exit strategies? Than you 🙏🏼

@SL369crypto under what tab is the “must have@ coins? Thank you graciously 🙏🏼

Will share all of that when I get more intel :-)

Hi SL369, I would like to echo Amilcar's comment. My curiosity is whether or not he is talking about your longer range forecasts or shorter. For example, ADA at $10 vs. $150 -- it makes a big difference :-) Personally, I was hoping to be able to cash out towards the end of the year for Long-Term Cap Gains. Any clarification he and you may be able to provide is of course greatly appreciated! Thanks for this update!!!

I'm asking him for clarification on Discord. I'll post it on here when he gets back to me. :-)

Can we share on here or discord, what is meant by magneone saying...“The first price point is likely. The last one is too far.” This is so confusing, considering you have posted so many prices. Only looking for advice not an exact number or exit number. Thanks for all you do!

One of the rooms in Discord is all about long term holding and cashing out strategies, incl. tax consequences. Lots of thoughts shared there. You can send a DM to SL if you don't have Discord access yet.

What do you mean by cannot withdraw? I can post strategies on cashing out but I'm not a tax expert, so, I cannot adequately provide you the tax consequences of cashing out. I understand the basic of it. However, I can provide a link to the IRS crypto regulations site or other resources for you to look into it further.

It would be great to have a Patreon post on exit strategies and tax consequences on gains.

Would you wait on buying some since we can’t withdraw?

You can sell into DGB or Theta as these are coins will continue to rise. These are two big blue chips coins if you don't want to sell into USDT

Whitch coins are stable.. On the Eth nerwork then. Most except USDT?

Growth or stable alt coin - DGB THETA ZIL ADA

Wow. So is it safe to cash out i to USDT or will it fail under its own success? Alternatives?

I wasn't able to withdraw my ZIL on Binance for 3 weeks in December. Then after 3 weeks, I was able to withdraw it. I have 200 ZIL left over on my Binance acct and now they disabled the withdrawal option again. Then this is across exchanges issue. I feel they will enable it later on. Give it a few weeks.

traveller

Also another question...just learned from a friend that she wasn’t able to withdraw her ZIL, she was using a highly technical person in Europe to help her, he said none of the exchanges are allowing withdrawal because they’re having smart contract problems...do you know what’s happening?

I have heard of that too. Don't be nervous. The best way to prepare is buy your fave coins while it is still affordable.

traveller

Wow non stop info here...thank you. I keep hearing that stocks will have a major pullback starting April and this can seriously spill into crypto. And this time around stocks won’t bounce back like in March 2020. Since there’s a wall of money coming into crypto I doubt if the pullback would last long...but am nervous. Thoughts ?


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