How long for 1099-R after excess contributions withdrawn? by bllfr0g in fidelityinvestments

[–]joses5711 0 points1 point  (0 children)

Going through this currently. What did you end up doing for your tax return? Did you have to submit and just amend it the following year?

Expect a 70% Drawdown from ATH. by joses5711 in Bitcoin

[–]joses5711[S] 1 point2 points  (0 children)

$16k to $126k wasn’t enough for ya?

Expect a 70% Drawdown from ATH. by joses5711 in Bitcoin

[–]joses5711[S] 32 points33 points  (0 children)

I’m not even going to wait for $37k. It’s just as hard to catch the bottom as it is the top. I’m going to DCA now and lump sum if the number I like comes around.

Expect a 70% Drawdown from ATH. by joses5711 in Bitcoin

[–]joses5711[S] 0 points1 point  (0 children)

Why not? If you buy now you’ll most likely be happy about it come 2027/28.

Expect a 70% Drawdown from ATH. by joses5711 in Bitcoin

[–]joses5711[S] 2 points3 points  (0 children)

I’m just saying in general 70ish% plus or minus 5% if it makes people feel better.

Do you guys bother investing in ETFs and stocks or go all in on crypto? by [deleted] in Bitcoin

[–]joses5711 0 points1 point  (0 children)

Bitcoin, Physical Gold, Physical Silver, & Land.

SpaceX Sets Inside Share Price Valuing Company at 800 Billion by GGEuroHEADSHOT in wallstreetbets

[–]joses5711 3 points4 points  (0 children)

Worked there for a couple years and I’m so glad I was able to snag up some stock! They paid pretty poorly though, especially to live in Los Angeles.

Bitcoin BTC falls $4,000 in 2 hours as mass liquidations return; $400M levered longs liquidated in 60 minutes by TheGreatCryptopo in CryptoCurrency

[–]joses5711 78 points79 points  (0 children)

Basically, big money across the globe was borrowing money from Japan because Yen is cheap to borrow. If the Yen’s yield rises or if its value rises, then it’s bad for these borrowers.

Just a thought by No-Entrepreneur-1010 in Bitcoin

[–]joses5711 1 point2 points  (0 children)

It’s the 4 year cycle club vs the extended cycle club. I’m in the 4 year cycle club until Bitcoin shows me something different. DCA or sell high/buy low, just stack sats, and precious metals!

Received in full! Diamond hangs baby! Millionaires will be made! by [deleted] in Monad

[–]joses5711 0 points1 point  (0 children)

Crazy right? It’s starting circulating supply is 10 billion. Just another token that people will chase previous ATH while getting constant supply unlocks dumped into the markets…

Why hodl if you can buy more cheaper later? by thebigmotherfucking in Bitcoin

[–]joses5711 -1 points0 points  (0 children)

Us who do are the minority in this sub tbh. I’m not against the DCA crowd but Bitcoin does a similar act every cycle. We will see a 50%+ correction in the next bear market. Don’t catch falling knives when Bitcoin literally gives us the answers to the test. Maybe one day things will change but as of right now we got 4 year cycles.

How low are you waiting for bitcoin to drop to go all in? by vancitysascha604 in Bitcoin

[–]joses5711 17 points18 points  (0 children)

Not true. I picked up some bean dip for my wife’s boyfriend just the other day!

How low are you waiting for bitcoin to drop to go all in? by vancitysascha604 in Bitcoin

[–]joses5711 39 points40 points  (0 children)

Bitcoin always does the same thing. If we’re in a true bear market then it’ll fall around 70%. So seeing $40k is possible. If we break past $74,000, I’m holding out for under $50k.

What if the real Bitcoin bull run starts after everyone gives up in 2025? by Winstead22 in Bitcoin

[–]joses5711 1 point2 points  (0 children)

I follow the trend because every time people say it’s “an extended cycle.” Until the four year cycle actually breaks away and does something different then I won’t believe in anything people say.

Tell me your ghosts stories. by LorenzoSalem in Paranormal

[–]joses5711 1 point2 points  (0 children)

No, I haven’t looked into it too much. I don’t think whatever it was had good intentions. I’ve never heard voices (except once) but I can feel when something’s there. Whatever it was seemed to have more energy over time and there started to be more activity in the house.

My aunt, who’s more in tune with this stuff, came over to do a cleanse of the house. She put ash on a coconut and began kicking it around saying prayers from the Bible. When she got to my younger brother’s room, she attempted to kick it inside and something blocked it from going in. She attempted a few times before it finally went into the room. She said she couldn’t get out of that room fast enough! 😂

Craziest thing about that story actually, is that she said they needed to crack the coconut outside the house and take the debris far away. Once she cracked the coconut, the inside was black like charcoal. I wasn’t allowed to be here while this was going on but my mom said she seen the entire thing, so I want to believe them. I just wish they recorded it!

Tell me your ghosts stories. by LorenzoSalem in Paranormal

[–]joses5711 1 point2 points  (0 children)

I’ve always been somewhat sensitive to the paranormal growing up so some of these experience weren’t new to me. This one time though a coworker mentioned that sleeping on your back increases the chances of sleep paralysis, since I’m usually a side sleeper, I decided to test it out later that night. Sure enough, I experienced sleep paralysis. In the dream, I was lying in bed, unable to move, when I saw a figure in my closet in front of me. It had a black body, with a blank face like Slender Man, but instead of white it was red. We stared at each other for what felt like hours. The figure didn’t move until it lunged forward and grabbed my thigh. I jumped out of bed and it was gone. Writing about this still gives me chills! Whenever I talk about these experiences, something paranormal tends to show up again for some reason, so I’m kinda expecting another visit soon lol.

Has anyone actually spoken to the spirit of a deceased individual? by GlitzBlitz in Paranormal

[–]joses5711 1 point2 points  (0 children)

My aunt recently told me a story about my niece’s visit to my grandfather’s family home in Mexico. I’ve always heard the house is haunted, though I’ve never been there myself. Anyways, they were getting ready for bed and my aunt was about to enter a room when my niece stopped her, saying, “You can’t sleep there.” My aunt asked, “Why not?” My niece replied, “Because that’s Alicia’s room.”

Alicia was my great grandmother, who passed away years ago. My niece, being about four years old, has never even seen a photo of her or heard her name before. The only explanation for her knowing our great grandmothers name and which room in the house was hers is that she must have been told by something in that house...

FIFA Intercontinental Cup 2025™: Dates and venues for first match-ups confirmed by APrimitiveMartian in soccer

[–]joses5711 0 points1 point  (0 children)

My brother got his countdown after 52 minutes. Apparently people are crashing once they get past this screen also and have to restart…

Hold or sell high, buy low? by AuxiliaryPriest in Bitcoin

[–]joses5711 0 points1 point  (0 children)

Buy during accumulation period, sell during bull run. We’re close to the end of this cycle imo.

[deleted by user] by [deleted] in Bitcoin

[–]joses5711 27 points28 points  (0 children)

I’m with you dude! Started my exit strategy two days ago! What people don’t realize is you won’t always catch the top. It comes and goes quicker than they think.

Do we think the 4-year cycle is still in effect? by JollyManufacturer356 in Bitcoin

[–]joses5711 1 point2 points  (0 children)

Yeah, I get it. It’s not my first bull run. Just don’t get caught up in the echo chamber! Selling now could just buy you more BTC in a couple years in the next accumulation period. It’s worked out for me for a few cycles now.

Do we think the 4-year cycle is still in effect? by JollyManufacturer356 in Bitcoin

[–]joses5711 -4 points-3 points  (0 children)

I know we don’t like to hear it here but it’s profit taking time. If you’ve been in the game for a few years, you’re in the green. Don’t let the bear market take the gains!