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Recent content by Patrick R

  1. Patrick R

    The Cryptocurrency Investing Discussion

    CRYPTO INVESTING 
    To be honest, now with the new tax laws, unless you've created an LLC to write off tons of stuff that will equal your capital gains losses it seems like a better strategy to buy and hold. Even if you only mid-hold for 365 days, as soon as you cross the one year mark the tax % drops...
  2. Patrick R

    Web 3.0 (Ethereum) is happening, and most people have no idea what it even is.

    GOLD! IDEA 
    And then you go on to insult the creator of this amazing forum? What is wrong with you? Just go away already Sent from my SM-G930V using Tapatalk
  3. Patrick R

    Web 3.0 (Ethereum) is happening, and most people have no idea what it even is.

    GOLD! IDEA 
    Ok and right there is where we stop. An education debate is one thing. When you degrade to name calling it's obvious that you have zero knowledge about what you're saying and that conversation is not going to continue here at all. What are your guys thoughts on APPC? Sent from my SM-G930V...
  4. Patrick R

    The Cryptocurrency Investing Discussion

    CRYPTO INVESTING 
    How are you guys dealing with getting into ICOs that are KYC or non-US citizens. I feel like I've missed quite a few due to that Sent from my SM-G930V using Tapatalk
  5. Patrick R

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO 
    I own all three as part of my long holds. Especially with the new capital gains tax laws, holding over a year is beneficial. Also I see them continuing to make great gains throughout the year so holding isn't a bad thing. I will probably keep my XLM and TRX for a least 24-36 months and my XRP...
  6. Patrick R

    The Cryptocurrency Investing Discussion

    CRYPTO INVESTING 
    I highly doubt it. They thought that with BTC originally and we see how that worked. Each coin has such different uses than the others that they will continue to exist and be valuable. Sent from my SM-G930V using Tapatalk
  7. Patrick R

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO 
    Great video! I was looking at Ledger and love it but I'm trying to avoid buying multiple wallets for all my altcoins. Looking like it may be unavoidable, but still holding out hope!
  8. Patrick R

    The Cryptocurrency Investing Discussion

    CRYPTO INVESTING 
    I love TRX. It's my largest holding since I got in early. I think it's going to be a long term hold for me Sent from my SM-G930V using Tapatalk
  9. Patrick R

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO 
    What are your thoughts on wallets to store multiple types of altcoins? For all the different types I would need to store I would need 3 or 4 different wallets such as Ledger, etc. This doesn't seem too cost effective. I don't like software wallets as I think they are too dependant on your...
  10. Patrick R

    The Cryptocurrency Investing Discussion

    CRYPTO INVESTING 
    Oh definitely true! And good information if that's what you're planning to use the coin for. But as a completely investment standpoint, looking at their new marketing team and knowing how hive-mind public opinion is I can see a mass rush of people buying it up thinking it's a tax shelter and a...
  11. Patrick R

    The Cryptocurrency Investing Discussion

    CRYPTO INVESTING 
    @JScott Awesome to see you doing so well here man! Glad to see some other people really getting into the research behind their coins instead of just jumping on the wagon (although I don't mind the jumpers since they rocket my portfolio!) My biggest holding is in Tron (TRX) that I got into at...
  12. Patrick R

    Web 3.0 (Ethereum) is happening, and most people have no idea what it even is.

    GOLD! IDEA 
    @arcola Without trying to sound rude or anything, but that's actually completely incorrect. That's like saying "what's the point of diversifying, there aren't thousands of real companies, Apple is the only stock that there will be." The term cryptocurrency is actually very misleading. While...
  13. Patrick R

    Web 3.0 (Ethereum) is happening, and most people have no idea what it even is.

    GOLD! IDEA 
    My holdings currently are: XRP IOTA TRX XVG XLM BTS LTC PPT BTC MANA I bought $200 worth of BTC a few years back and it turned into just over $2000 this year. That's what I've been using to buy my other currencies with. Took forever to get verified on CoinBase, but it finally happened and...
  14. Patrick R

    Web 3.0 (Ethereum) is happening, and most people have no idea what it even is.

    GOLD! IDEA 
    The exchanges is definitely the place to go for the ability to cash out. As well as for trading (such as forex/options (kinda)). I use Binance for standard crypto trading and Bitshares for more market trading. I love the Bitshares platform and the potential it has as a decentralized market. It...
  15. Patrick R

    Cryptocurrency Experience

    CRYPTO INVESTING HOT! 
    Hey @CryptO that is awesome to hear! I randomly bought about $200 of BTC just over 2 years ago and forgot about it (unfortunately) until this whole craze started up recently. Looking at my account now and it's worth nearly $2000 which is unbelievable for a forgotten investment! Wish I had dumped...
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