Row 32083

Row ID: 32083 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 32083 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

Hi there. Super new to crypto. Super new to personal investing. Frankly I use Robinhood. So please go easy on me.

I made quite a bit of profit with Doge back whenever the whole GameStop fiasco was happening and doge exploded. Hoping to see it again, but we'll see

My question though is a lot of the advice I read is that prices dip because people sell, but theyre just making profit by selling once the coin is worth more than it was bought for, even if the gain is not huge. People say that they do this often. They'll buy a dip and then immediately sell when it goes green.

How is this profitable? When I sold my first round I had a hefty tax removed because of short term gains. I'm not understanding how buying and selling so frequently can end up being profitable if every sell has this tax added onto it. Those meager profits must be eaten by the tax, right?

I just don't understand how the process can function beyond holding for an extended period or selling after a huge jump.

FieldValue
text Hi there. Super new to crypto. Super new to personal investing. Frankly I use Robinhood. So please go easy on me. I made quite a bit of profit with Doge back whenever the whole GameStop fiasco was happening and doge exploded. Hoping to see it again, but we'll see My question though is a lot of the advice I read is that prices dip because people sell, but theyre just making profit by selling once the coin is worth more than it was bought for, even if the gain is not huge. People say that they …
label r/cryptocurrency
dataType post
communityName r/CryptoCurrency
datetime 2024-05-21
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url_encoded Z0FBQUFBQm5Lak9XTnNKbmdfeDA0dW9lZzlJMDhzNHdsVWNUY0ExUERnUjNhN2ZRS215SGF2M1lJcjNBLUphVzRWbXlMUnFMOXkzLU9WM25zSDdmaF9hNzFtZ0EtUjIwV3ZRSm1QbFp6WE9HdUtSZkVZYXVXQ1dLczZMcjNHb29rWHp2a1NOd191dF84TTNrZ25PWThUZHJVMXI3VHBCODY4WDc3NzNPbXBUVHlHSUhxRXFGT1hwMlhDOEk4NUhLc3RFckxGZ3N3N192NGtvSUs0cm4xRTZhOGtyckhXY1pvdz09

Raw Record

{
  "text": "Hi there. Super new to crypto. Super new to personal investing. Frankly I use Robinhood. So please go easy on me. \n\nI made quite a bit of profit with Doge back whenever the whole GameStop fiasco was happening and doge exploded. Hoping to see it again, but we'll see\n\nMy question though is a lot of the advice I read is that prices dip because people sell, but theyre just making profit by selling once the coin is worth more than it was bought for, even if the gain is not huge. People say that they do this often. They'll buy a dip and then immediately sell when it goes green. \n\nHow is this profitable? When I sold my first round I had a hefty tax removed because of short term gains.  I'm not understanding how buying and selling so frequently can end up being profitable if every sell has this tax added onto it. Those meager profits must be eaten by the tax, right?\n\nI just don't understand how the process can function beyond holding for an extended period or selling after a huge jump. \n\n",
  "label": "r/cryptocurrency",
  "dataType": "post",
  "communityName": "r/CryptoCurrency",
  "datetime": "2024-05-21",
  "username_encoded": "Z0FBQUFBQm5Lak1HT0g5SFdRVms2TzlJX3l2YzZOQ2s4WDFReTFNdHpoVER4d2p1LVl1Y0VJZkpTclpfN05zMHZTVEZ1dDh0a1VkZGNMX3k4Yy1uakY2eDRqd09QaUhZOXc9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak9XTnNKbmdfeDA0dW9lZzlJMDhzNHdsVWNUY0ExUERnUjNhN2ZRS215SGF2M1lJcjNBLUphVzRWbXlMUnFMOXkzLU9WM25zSDdmaF9hNzFtZ0EtUjIwV3ZRSm1QbFp6WE9HdUtSZkVZYXVXQ1dLczZMcjNHb29rWHp2a1NOd191dF84TTNrZ25PWThUZHJVMXI3VHBCODY4WDc3NzNPbXBUVHlHSUhxRXFGT1hwMlhDOEk4NUhLc3RFckxGZ3N3N192NGtvSUs0cm4xRTZhOGtyckhXY1pvdz09"
}
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