ChiefsPlanet
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ChiefsPlanet (https://www.chiefsplanet.com/BB/index.php)
-   Nzoner's Game Room (https://www.chiefsplanet.com/BB/forumdisplay.php?f=1)
-   -   Money Bitcoin Take? (https://www.chiefsplanet.com/BB/showthread.php?t=270065)

Trivers 05-20-2021 10:57 AM
hey, how do you keep track of your basis?

Without updating my excel spreadsheet, it's getting harder and harder to determine my average acquisition price.

Bought a lot of ADA during the past 48 at different prices as it kept dropping and now need to compute average purchase price combining with prior holding.

ChiefRocka 05-20-2021 10:58 AM
Quote:
Originally Posted by scho63 (Post 15680535)
Did you acquire what you have mostly through mining? :hmmm:
Never mined, got in too late to be profitable.

Molitoth 05-20-2021 11:19 AM
Watch this shit... vid will start at the fun part.


fixed:
<iframe width="560" height="315" src="https://www.youtube.com/embed/0uB1SCjaMhc" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>

wazu 05-20-2021 11:32 AM
Quote:
Originally Posted by Molitoth (Post 15680710)
Watch this shit... vid will start at the fun part.

<iframe width="560" height="315" src="https://www.youtube.com/embed/0uB1SCjaMhc" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>
If this started at the fun part I shudder at the thought of what the unfun part must include.

SAGA45 05-20-2021 02:20 PM
Got in heavy on SHIBA during the dip. That will be my last buy for quite some time.

Molitoth 05-20-2021 05:18 PM
Quote:
Originally Posted by wazu (Post 15680745)
If this started at the fun part I shudder at the thought of what the unfun part must include.
I mean... it's really nerdy stuff, not not as "fun" as riding the Orient Express at WOF... but it's very interesting. =)


EDIT: Wow, I just realized I didn't link the video at the correct timestamp.


Anyway, I fixed it.

Basically an email went out from Anonymous on 05-18-21 that stated:

Quote:
hey guys, insider here. For those of you that are not busy mumu/bobo larping, and paying attention, there will be another announcement from China soon. Picture is semi related. Can't tell you guys what firm I work for, but it's MASSIVE and it's working with the PRC. The purpose of today's press release alongside all the FUD posting is to get BTC as low as it can get before 7am UCT.

First, there will be a coordinated sell-off to drop the prices below a certain threshold and liquidate one certain stakeholder (can't outright say who he is but he bought a lot at the dip that he was partly responsible for).

Once liquidated, the plan is then to buy up all the reserves and essentially leave him bankrupted.

If you guys want to get rich, grab some coffee and watch for the big dip. Once it happens, things are going to get green really fast (we project 70k).

Anyway, So far it's happening... we will see about 70k...

Michelangelo 05-20-2021 05:19 PM
Every Portfolio Should Have 6% Bitcoin: Yale Study

Even those who are strong bitcoin skeptics should maintain at least 4% BTC allocation, said the study. The study indicates that even the staunchest opponents of the cryptocurrency world are best off investing 1% of their assets in this space, if only for diversification purposes.

https://www.investopedia.com/news/ev...in-yale-study/

wazu 05-20-2021 05:35 PM
Quote:
Originally Posted by Molitoth (Post 15681365)
I mean... it's really nerdy stuff, not not as "fun" as riding the Orient Express at WOF... but it's very interesting. =)

EDIT: Wow, I just realized I didn't link the video at the correct timestamp.

Anyway, I fixed it.

Basically an email went out from Anonymous on 05-18-21 that stated:

Anyway, So far it's happening... we will see about 70k...
Okay those details are actually kinda fun. I'm not demanding amusement park rides. :)

eDave 05-20-2021 05:42 PM
70 was always going to happen. s2f demands it.

Michelangelo 05-20-2021 05:49 PM
Quote:
Originally Posted by Molitoth (Post 15681365)
I mean... it's really nerdy stuff, not not as "fun" as riding the Orient Express at WOF... but it's very interesting. =)


EDIT: Wow, I just realized I didn't link the video at the correct timestamp.


Anyway, I fixed it.

Basically an email went out from Anonymous on 05-18-21 that stated:




Anyway, So far it's happening... we will see about 70k...
I wonder who the individual is they are trying to liquidate?

rydogg58 05-20-2021 06:04 PM
Quote:
Originally Posted by Michelangelo (Post 15681394)
I wonder who the individual is they are trying to liquidate?
Well, it's damn sure not me and my .00000154 of BTC that they are salivating over. Anyone who has paid attention to anything related to BTC over the last couple months can safely assume it's Musk.

MTG#10 05-20-2021 07:12 PM
Does anyone know of a crypto calculator that figures up your average buy-in or break even price? Say I made 5 different purchases, all different amounts and all when Bitcoin was at different prices. For example:

1000 when it was at 52k
500 when it was at 48k
1000 when it was at 45k
3500 when it was at 38k

My brain is starting to hurt trying to figure out the best formula to calculate this and for some reason I cant find a calculator that will do it for me.

eDave 05-20-2021 07:16 PM
https://coinguides.org/average-cost-...tocks-trading/

Fat Elvis 05-20-2021 07:18 PM
Quote:
Originally Posted by MTG#10 (Post 15681503)
Does anyone know of a crypto calculator that figures up your average buy-in or break even price? Say I made 5 different purchases, all different amounts and all when Bitcoin was at different prices. For example:

1000 when it was at 52k
500 when it was at 48k
1000 when it was at 45k
3500 when it was at 38k

My brain is starting to hurt trying to figure out the best formula to calculate this and for some reason I cant find a calculator that will do it for me.
You dollar cost average is $42,333/bitcoin.

If you can't figure this shit out, you should let someone else manage your money.

eDave 05-20-2021 07:19 PM
Quote:
Originally Posted by Fat Elvis (Post 15681514)
You dollar cost average is $42,333/bitcoin.

If you can't figure this shit out, you should let someone else manage your money.
**** off.


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