Neptune Digital Assets Corp V.NDA

quiet day

[Bedaine]

Where are the chatters today....i miss reading your informative posts.

[Kensin1954]

Zero posts today.  Where did everyone go? Don't tell me they were all pumpers and took off when BTC fropped 22% to $51k All that indicates is a mega bounce back in price. Notice ETH broke $2600.00 USD for the first time today. Sign of things are about to break upward. JMHO

[Godfather]

I sold some NDA this morning to buy some ESE. The price of bitcoin is at a danger point, and a break below 50k could signal a wide range selloff in this sector.

[CriticalMind55]

I am still here Kensin1954, diamond hands, I see a pattern in the BTC price action, armed with a great repertoire of many good and bad news, powers may be release them at will for purpose, this way, they are not blind sided by sudden selling before the next destination is reached.  They don't want to let BTC rise without correction.  I agree with your observation of a mega bounce

[Stocks2Go]

I;m still here. Sold everything this morning at $1.14 that I bought recently at $1.02. Big drop happening now in Bitcoin. Great trading opportunities ahead.

[Godfather]

Agreed, with the break below Saturday's low, 40k now comes into play. Things are about to get very ugly in the crypto space for a while.

[forrest6748]

It is hard to understand that everybody are reacting this way because of a possible income tax increase.  What is the choice you have? Get a bank deposit at 1% and be fully tax on it plus inflation which is going at least at 2%+ or still in the market? Ubless I am mistaken, If you still in market you have achance of  making more money, isn't it?

[CriticalMind55]

You hit the nail on its head foorest6748, people are realizing their capital gains now to be taxed at a lower rate then Biden's increase in capital taxes.  After the deadline is passed, investors will return to Crypto world.  IMO

[forrest6748]

CriticalMind55 - it could be worst than this as the startegy could be:  Short term sell off and re-jig potfolio's to protect capital from taxes to be Grandfathered in to current rates saves a lot of cash in tax by doing that.... going forward people will keep buying as posted by Urbani. But what happen if: Ready for Big Changes: 2021 Tax Planning Some fear that these tax

[CriticalMind55]

Another strategy would be, just don't realize capital gains and wait till BTC reaches 200K and over and after that, just take out small portions, pay less taxes or sell them in bits during retirement when you will be in a lower taxes bracket, I think eventually people will strategize the new tax laws or Biden is replaced by somebody with more favorable policies for the rich, maybe some of the