• Congratulations to the Class of 2024 on your results!
    Let us know how you went here
    Got a question about your uni preferences? Ask us here

Official Cryptocurrency Thread (1 Viewer)

SylviaB

Just Bee Yourself 🐝
Joined
Nov 26, 2008
Messages
6,911
Location
Lidcombe
Gender
Female
HSC
2021
LEL

SEC Charges Ripple and Two Executives with Conducting $1.3 Billion Unregistered Securities Offering

Washington D.C., Dec. 22, 2020 —

The Securities and Exchange Commission announced today that it has filed an action against Ripple Labs Inc. and two of its executives, who are also significant security holders, alleging that they raised over $1.3 billion through an unregistered, ongoing digital asset securities offering

 

dighead

Member
Joined
Nov 24, 2020
Messages
44
Gender
Undisclosed
HSC
2000
unrealised still
U waiting for a year to reduce CGT? Or just holding on due to the good ol' crypto greed? Lol. AAVE hasn't been tradable long enough to whether the price increase is sustainable, but man, I would def cash out if I saw those gains.
 

Squar3root

realest nigga
Joined
Jun 10, 2012
Messages
4,927
Location
ya mum gay
Gender
Male
HSC
2025
Uni Grad
2024
U waiting for a year to reduce CGT? Or just holding on due to the good ol' crypto greed? Lol. AAVE hasn't been tradable long enough to whether the price increase is sustainable, but man, I would def cash out if I saw those gains.
i think it should be lower gct0? have to sort it with an accountant but ye close to set 4 lyf
 

dighead

Member
Joined
Nov 24, 2020
Messages
44
Gender
Undisclosed
HSC
2000
i think it should be lower gct0? have to sort it with an accountant but ye close to set 4 lyf
Yeh you can save a ton if u can hold out for one year, but as I'm sure you know, one year in crypto is a LONG time.
 

Squar3root

realest nigga
Joined
Jun 10, 2012
Messages
4,927
Location
ya mum gay
Gender
Male
HSC
2025
Uni Grad
2024
fuckin hell cunt

why did you pick that coin
I saw that it was doing alright so I just was like fuck it all in

I only wish i put more into this one. There's another one that's doing alright (expecting a similar return)
 

Squar3root

realest nigga
Joined
Jun 10, 2012
Messages
4,927
Location
ya mum gay
Gender
Male
HSC
2025
Uni Grad
2024
putting 90 grand into some random altcoin is fucking bonkers
It wasn't random, very familiar with this defi.

Look into other defi coins like synx uniswap etc. My money is on them in the next bull run
 

dighead

Member
Joined
Nov 24, 2020
Messages
44
Gender
Undisclosed
HSC
2000
It wasn't random, very familiar with this defi.

Look into other defi coins like synx uniswap etc. My money is on them in the next bull run
Yeh but the crypto market is generally all speculative, and the price isn't really correlated with the tech or use case, so a ton of money in any crypto is super high risk since it could've just as easily gone the other way. You got lucky I guess, so it definitely paid off. Now do 10x leverage to turn that 1M into 10M.
 

Users Who Are Viewing This Thread (Users: 0, Guests: 1)

Top