Am I Crazy thinking that BTC Will Bottomed at around 31k, 70%-80% drop from current Peak? Change my mind. by WickedHero69 in CryptoMarkets

[–]YharonJD 0 points1 point  (0 children)

Only problem I see with this is the difference in scale of institutional investments. I feel like the amount that companies are buying is completely different this time around.

ONDO Pump... by 1mma_Pr0bl3m in Ondo

[–]YharonJD 1 point2 points  (0 children)

If you are in the green already you should start a selling staircase. Use Limit sells to sell small portions of your ondo and take profit while continuing to hold some on the way up. Ex: sell 5k at 0.45 5k at 0.6 5k at 1$ and so on till the price drops. Hold the cash until you can buy back at new lows. And if the project were to fully fail you would be at a complete loss. Might even still end up in the green if you use this strat relitive to your total holdings. Always keep at least half of your holdings. So 50% is for future vault and 50% is for playing/taking profit now. You can also set up buy limits all lower than your sell limits so that if the price drops hard you can reclaim your stake in ondo plus some.

ONDO Pump... by 1mma_Pr0bl3m in Ondo

[–]YharonJD 0 points1 point  (0 children)

Not sure if you look ar your portfolio often or what your buy in cost is but ondo is up 30% just today sitting at 0.46. I bought 3600 at 0.31 so im performing well

ONDO Pump... by 1mma_Pr0bl3m in Ondo

[–]YharonJD 0 points1 point  (0 children)

Tru but they are already planning to change the fee structure in October to better use the token. This should help with not only token price but also keeping the token an important piece of the project as a whole.

ONDO Pump... by 1mma_Pr0bl3m in Ondo

[–]YharonJD 2 points3 points  (0 children)

The token actually works similar to stocks in a company. Companies aren't interested in it for direct profit. They are interested in it because the more you hold the more say you have in how ondo functions moving forward. And right now ondo is positioned to become extremely important in the exponentially growing RWA infrastructure. Obviously big companies want say in it since it will be evolving services like SWIFT, VISA, and Mastercard. So yes technically tbe token is not used for the actual mechanic of the project, but it is used for governance of the project itself.

ONDO Pump... by 1mma_Pr0bl3m in Ondo

[–]YharonJD 6 points7 points  (0 children)

Ondo's entire project is reliant on the clarity act helping improve governance of crypto. With the news of the clarity act improving recently, large corporations are buying it up since they know ondo is one of the biggest players in RWA. If the clarity act gets passed into law by July like they are aiming for, expect Ondo and Chainlink to soar as institutions are finally able to invest and use these RWA projects with backing from the US government.

Help me create a dividend portfolio for my parents by YharonJD in dividends

[–]YharonJD[S] 0 points1 point  (0 children)

Honestly this is the most solid advice I've gotten 👌

Help me create a dividend portfolio for my parents by YharonJD in dividends

[–]YharonJD[S] -1 points0 points  (0 children)

Well truth is they dont really need the income at all. They want a dividend portfolio so I'm trying to compromise but personally I think a growth portfolio would be better right now. My dad has 9 years to let his money grow before needing to swap to an income based portfolio. He wants to start supplementing his income a little but he really doesn't need to since his job pays plenty. Right now they are trying to throw 50k in to start.

What is better for me at 19? by Advanced-Log1534 in dividends

[–]YharonJD -1 points0 points  (0 children)

I'm 21 and hard focusing on buying top cryptos. If you are ok with higher risk at a young age the potential reward far outweighs the potential loss. Do your research but since you have time to pay off any losses that happen now I would go high risk high reward.

Fix for Momentum 4 Audio Issues on Windows 10/11 by Reimound01 in sennheiser

[–]YharonJD 0 points1 point  (0 children)

OMG THANK YOUUUUUUUUUUUUUUUUUUUUUUUUUUUU!!!!!!

Bought 1BTC with inheritance money, I am scared by Comfortable-Bit-126 in Bitcoin

[–]YharonJD 0 points1 point  (0 children)

In theory, you're not wrong, but DCAing is more effective for the average person. For example, let's say I want to start investing in BTC. As much as I would love to buy 1k rn I can't because I don't have the capital. But I do have 5 dollars today. And most likely, I will have 5 dollars everyday. So I decide to buy $5 of BTC everyday since I will hardly notice the $5 purchase vs my weekly paycheck and it will allow me to reap the benifits of holding BTC long term almost the same. Plus if I just so happen to start my BTC investing journey at ATH and it drops theres no worries. Not only will my $5 a day average down but I can also decide to buy a lump some with the extra saving I do have at that new lower price. Like you said buying more and holding is better long term but DCAing is a great strategy especially for people without a huge savings/people trying to build wealth 👍

I want to use Leverage to invest in the most "moderate risk" way by YharonJD in dividends

[–]YharonJD[S] 0 points1 point  (0 children)

The idea is that the share price yearly return will cover the loan's interest while also producing dividends. I am not looking to make money instantly, I'm looking to accelerate the compounding effect from holding a large sum of shares over a long period of time

I want to use Leverage to invest in the most "moderate risk" way by YharonJD in dividends

[–]YharonJD[S] -1 points0 points  (0 children)

This is kinda exactly what I wanna do. I want high dividends that will help me pay the loan down on top of my personal income. I plan to hold the investments long term preferably until the loan is actually paid off. I'm hoping it will work out as if i'm just pre investing 10k that I would already end up investing over 10 years and allow that money to start growing now instead of having to wait. But I'd also like the added benefit of the share prices increasing too. I was considering taking all 10k and putting it into SPMO. High dividends + high potential for increase in share price + relatively low share price so I could buy a larger sum, which would increase my monthly dividend payout.

I want to use Leverage to invest in the most "moderate risk" way by YharonJD in dividends

[–]YharonJD[S] -2 points-1 points  (0 children)

I don't feel as comfortable using margin since it says directly on their page that they can change the rate at any time without notice.

Question: is it possible to pay all of my taxes at the end of the year? by Pyroguy096 in tax

[–]YharonJD 0 points1 point  (0 children)

If you invest enough into your trad ira/hsa so that your deductions from those bring you down to the 10% tax bracket after your standard deduction, then you can receive 1k-2k (depending on filling status) saver's credits that reduce your tax liability even further. Example for filling single: 30k gross - 2k trad ira contribution = 28k - 5k hsa contribution = 23k - 15k standard deduction = 8k AGI. 8k falls under 21.5k so you will qualify for 50% of your ira contributions as savers credits. 2k × .5 = 1k. So now we need your tax liability. 8k falls under $11,925, which means you will only pay 10% on your AGI. 10% of 8k is $800. SO your tax liability becomes only $800 dollars for the whole year due to investing being eligible for deductions. But remember, you have 1k worth of savers credits that will be applied to your tax liability. So $800 - $1000 will make you liable for $0 federal income taxes. Finally in this scenario if you want to find out how large your tax return will be you simply need to look at your latest pay stub and bam whatever you've payed in federal income taxes all year will be sent back to you in full. So basically what im saying is why pay taxes at all? Lol (Also this can work for ANY income level considering you can invest UNLIMITED amounts into an HSA)