I'm a millionaire from crypto. I withdrew $250k into fiat already, and put $300k into LINK when it went onto etherdelta...

Good luck bizraeli in your million journey 8-)

During May, June, July I literally traded daily for 5-7 hours. I'm a freelance artist so my mentality was like "fuck paid gigs, I'm going to see how far I can take this" so I had a lot of free time.

I think it's REALLY important to diversify your earnings. I made 800k off DGB, and I split a huge part of the gains into NEO and some other coins that didn't rise as well, but neo really launched me into orbit. I was a millionaire after that, even when DGB corrected massively.

I don't try to really "day trade" because it's too stressful and I always make the wrong move. I like to step back and watch all the crypto forums and see what people are thinking. If you can catch breaking news you can make 2-3x your money easily, so watch for that. I'd say my general strategy has been to observe the crowd, and capitalize on key information fast. Both are time consuming but the memes are hilarious so I don't mind. I took a bit of a break from crypto to enjoy my gains and travel, etc, but I think we're entering a new bull market despite all this FUD (which is dumb by the way, don't get scared).

Thanks

can i have some money?

this

Will you let me be your sissyboi for only 20btc a year?

you put anything on WTC?

How did you withdraw your money?
Are you paying taxes?
Did banks ask you where did you suddenly get 250k?

>I like to step back and watch all the crypto forums
can you suggest the best ones to look at?
there are so many places to look at, that i could be in the wrong places.
which ones do you like the most?

This this this! Please answer this.

I've only made $42k so far and I'm hoping Ark can blast off so I can live off it's staking or supplement my income.

This

Thanks user this is great advice. Gonna add more to my NEO and LINK positions now. When I see blockfolio threads on here I am always shocked by how underdiversified some of them are. Godspeed

I've spent 20k on high end escorts. I'm over that phase but TOTALLY worth it.

I think I missed this one, not sure if it's worth buying now. Could be, but I try to get in very early on coins, like what I did with Link. I wasn't really researching this past month, just recently got back into it.

Mostly coinbase, I know there are high fees but it's just easy for me and I don't care. I've done local bitcoin before but the risk isn't worth it. At this point pull out 15k a week is fine for me.
Yes I'm paying taxes, I'm going to use this money for real estate and stock market investing, so I need to explain where I got it.
No banks did not ask me. The more money you have, the less they ask.

mostly on here, reddit, and bitcoin talk

did you get any bullshit from coinbase, your bank, irs, etc. about the money? if so what did they need to know to sort it out?

No, it's gone very smoothly.

Here's the thing about the IRS. When they audit people they treat it like a business, as in they want to make the most money possible with their limited resources. Chances are if you're withdrawing 20-30k over a year you won't *really* need to pay taxes on it. But it all depends on your zip code. I live in one of the wealthiest zip codes in the US so I probably would not get audited even if I didn't pay on the 350k I plan to withdrawn, but like I said I'm paying it to prevent problems later on.

For the average guy who has made 20-40k and who doesn't live in an ultra poor town, you could get away with not paying because it's not worth it for the IRS to audit you.

do you do ICOs?

if so, which ones are you interested in?

I did a TON of Bancor, which turned out to be a massive fail... but I might buy back in at some point, it's actually a decent coin that has been ruined by retarded shilling (like DGB was).

Not really a fan of ICOs, it's too annoying. I think it's easier to make money looking for established coins that are currently low.

How about ECC, seems pretty low...

mmm not sure, I don't know too much about that coin but a quick chart reading makes it seem potentially like a great buy. I follow Attilfx on twitter, I put 70k into 1st blood.

Will you be buying any ark? I've set my first buy level at 60k sats.

Good luck with firstblood it looks oversold to me.

I have $400k in OMG. WTC and some BTC

Will I make it?

funnily enough I feel the same way about Bancor (ICO bagholder). I actually doubled up my stack last week.

turned 20k-300k in the last 2 months, so sort of following in your footsteps haha.

I might if it goes that low, want to look at coins that will go boom, x5 or higher. Its hard though because lots of coins boomed when BTC did so have to factor out loads of coins for now

>I have $400k
>Will I make it?

You already did

lol 400k will hardly last you 5 years. thats the kind of mentality you stay poor with.

Most people can only dream of that much money.

If you are in the US, how do you get around recent ICO's not allowing you to participate?

Whats your thoughts on Tenx

How were you able to bank roll 65k as a freelance anything much less an artist?

>I like to step back and watch all the crypto forums and see what people are thinking.

What are the best crypto forums, apart from Veeky Forums?

>7 replies by this ID

Dedicated to the larp boys

Why no XMR?

>I follow Attilfx on twitter

Ah there it is, the plug of the thread. If its not pajeet pnd discord groups its this faggot

You say you're not in the US and participate anyway

I'm a multi-millionaire and I too have made 180k from Link so far - not even a core holding.

This guy a scrub. AMA.

what do you look at for info?

Biz. Easy to spot the retards and do the opposite.

They use words like 'larping' when jealous. Still don't know what it means and I refuse to look it up.

surely you have sites you look at outside of biz to get info before it appears on biz?

what is your main strategy? day trading, ICOs?

do you have a % return you look for and then exit, or do you hold until it downturns and then exit?

what was your starting bankroll, what have you made so far?

400k is making it because if you have that much right now and you know about crypto you'll be a Millionaire in a few months if you're not a complete fucking retard.

Almost 3m. Do good ICOs, buy undervalued stuff like BAT (bought it at 10 cents) when everyone crying.

Do some margin trading of ETH/BTC (don't be a pussy), had days I made 25-100BTC.

Stay away from shitcoins. Got fucked with DNT and lost 20k, small for me, but still hurts.

>Do some margin trading of ETH/BTC (don't be a pussy), had days I made 25-100BTC.
sweet. i'll take that as inspiration.

OP, how will you change your strategy in the future as money money flows in, coins rise, and there will be less exponential gains to be made?

Do you think the climate of being able to mae the kind of money you do will continue for at least another half year? I know you said you think there will be fortunes to be made (I agree) in the next few years, but I am curious how you see this changing / how to adapt if things do change.

Do you have any thoughts on safe exchange coin?

why is local bitcoin risky?

underrated post

do you go outside? people outside will do violent things for money, you money. they will take it and leave you with a bloody asshole underneath a bridge. you want that? good. go meet them at 2am.

if you can distinguish the good ICOs then you will be fine

even the shitty ico's for a quick flip. you have to get out asap

I'm at ~300k and aiming for 10M within 2 years.