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Re: gfp927z post# 255

Wednesday, 12/13/2017 6:54:16 PM

Wednesday, December 13, 2017 6:54:16 PM

Post# of 449
Hey gfp927z (can I call you buddy? Lol)

I FINALLY covered my ass (and then quite a bit more) today with LTC -- sold 30% of my holdings at 348 each. Calculated average entry price was $31 :)

Now, I still hold the other 70%. I will just let it ride and see what happens. With ether at around 700 -- shoulda bought more :) -- and the news coverage I abticipate it will go up further. My next price target would be 800-1000 depending on the momentum and chart.

I am hoping this is consolidation which will steady out then gain more.

Ripple had a huge bump today, which surprised me. I don't see it as a short term play at all (5+ year exit IMO) but mania changes everything.

I still hold Litecoin, some Ether, some Bitcoin, and a whole bunch of XEM (which also had a big bump with Litecoin and Ether). IMO XEM would take off to multi dollars with more publicity. Good platform, fast transactions.

Litecoin is still the winner in my book. I think of all the cryptos it deserves to be the king. Charlie Lee is a great guy, too. He truly wants LTC to be a stable and legitimate currency, not in it for the P&D.

A lot of talk recently about REQ coin (Request Network) dunno anything about it but could be a good trade.

The effing IRS proposes doing away with pseudo-1031 exchanges for cryptos which would be a disaster. So you'd have to register gains or losses when you trade from Bitcoin to Litecoin (or any other crypto). IMO that would make "trading" such a hassle it wouldn't even be worth it. It would essentially just be buy and hold then for me. They also are looking at forcing you to sell coins in the order you purchased them. Just a few more terrible pieces to the poece of dog sh## tax plan (sorry I had to, it's hurting me in real estate investing too).

https://www.coindesk.com/uncle-sams-surprise-tax-reform-impact-crypto-investors/

Either way I am waiting for the pullback to buy more Ether.


Not had many good penny plays recently for me. Made 8x on ASAB and now riding freebies. Also riding freebies for OCSY, just bought in to MRNJ and XCLK but they will be patience plays if they ever go anywhere at all.

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