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  • kentaddick
    kentaddick Posts: 18,729
    CAFCsayer said:
    kentaddick said:
    Zil seems to follow Bitcoin... but is outperforming it. Gonna be longing zil instead of Bitcoin for this rally
    I'm pretty much all in ZIL now, seems to be outperforming everything. Wouldn't be surprised to see 10 cents EoY
    Probably why I’ve constantly lost money on zil - only time I traded something other than Bitcoin is when Bitcoin is a bit meh. Already made a decent % on longing zil instead of Bitcoin 
  • kentaddick
    kentaddick Posts: 18,729
    CAFCsayer said:
    On the move again, about to break 8 cents🤑 
    Wouldn’t be surprised to see 10 cents in January 
  • CAFCsayer
    CAFCsayer Posts: 10,222
    kentaddick said:
    CAFCsayer said:
    On the move again, about to break 8 cents🤑 
    Wouldn’t be surprised to see 10 cents in January 

    I meant end of this year! 
  • cafcpolo
    cafcpolo Posts: 3,811
    400% up this month on ZIL. Nuts.
  • kentaddick
    kentaddick Posts: 18,729
    Bitcoin smashes through 25k and now at 26k. Remember it’s a smaller percentage growth to 100k than 2k was to 20k - which is what it’s done this year 
  • CAFCsayer
    CAFCsayer Posts: 10,222
    cafcpolo said:
    400% up this month on ZIL. Nuts.
    You taking any profit at all? 
  • cafcpolo
    cafcpolo Posts: 3,811
    edited December 2020
    CAFCsayer said:
    cafcpolo said:
    400% up this month on ZIL. Nuts.
    You taking any profit at all? 
    I've got a sell order in place for when it hits 8.5c. That'll give me back 100% profit on what I've put in.

    Then just taking that ride up to $1.
  • kentaddick
    kentaddick Posts: 18,729
    cafcpolo said:
    CAFCsayer said:
    cafcpolo said:
    400% up this month on ZIL. Nuts.
    You taking any profit at all? 
    I've got a sell order in place for when it hits 8.5c. That'll give me back 100% profit on what I've put in.

    Then just taking that ride up to $1.
    Well done mate. 
  • kentaddick
    kentaddick Posts: 18,729
    cafcpolo said: 
    CAFCsayer said:
    cafcpolo said:
    400% up this month on ZIL. Nuts.
    You taking any profit at all? 
    I've got a sell order in place for when it hits 8.5c. That'll give me back 100% profit on what I've put in.

    Then just taking that ride up to $1.
    By the looks of it that’s gonna be in about 10 mins!
  • kentaddick
    kentaddick Posts: 18,729
    Btw if it dumps after 8.5 cents I’m gonna blame you 
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  • cafcpolo
    cafcpolo Posts: 3,811
    kentaddick said:
    cafcpolo said: 
    CAFCsayer said:
    cafcpolo said:
    400% up this month on ZIL. Nuts.
    You taking any profit at all? 
    I've got a sell order in place for when it hits 8.5c. That'll give me back 100% profit on what I've put in.

    Then just taking that ride up to $1.
    By the looks of it that’s gonna be in about 10 mins!
    There must be a big correction incoming.
  • kentaddick
    kentaddick Posts: 18,729
    Lmao hit 8.5 cents exactly on Binance and a big red candle appeared on the 1 minute. Guess I know who that was!
  • CAFCsayer
    CAFCsayer Posts: 10,222
    What the fuck is going on!? It's just broken 9 cents
  • cafcpolo
    cafcpolo Posts: 3,811
    CAFCsayer said:
    What the fuck is going on!? It's just broken 9 cents
    Broken the $1bn marketcap barrier.
  • kentaddick
    kentaddick Posts: 18,729
    CAFCsayer said:
    kentaddick said:
    CAFCsayer said:
    On the move again, about to break 8 cents🤑 
    Wouldn’t be surprised to see 10 cents in January 

    I meant end of this year! 
    Tonight by the looks of it! 
  • CAFCsayer
    CAFCsayer Posts: 10,222
    kentaddick said:
    CAFCsayer said:
    kentaddick said:
    CAFCsayer said:
    On the move again, about to break 8 cents🤑 
    Wouldn’t be surprised to see 10 cents in January 

    I meant end of this year! 
    Tonight by the looks of it! 
    Absolutely mental! Surely it can't keep this up
  • kentaddick
    kentaddick Posts: 18,729
    Looks like there might be a pullback, big wick on the 1 hr chart 
  • cabbles
    cabbles Posts: 15,254
    kentaddick said:
    Looks like there might be a pullback, big wick on the 1 hr chart 
    ZIL or bitcoin?
  • kentaddick
    kentaddick Posts: 18,729
    cabbles said:
    kentaddick said:
    Looks like there might be a pullback, big wick on the 1 hr chart 
    ZIL or bitcoin?
    Zil, but as I mentioned earlier, it seems to be following Bitcoin but a lot more. Bitcoin pulling back too
  • MattDee
    MattDee Posts: 37
    edited December 2020
    Anyone looked far into capital gains tax for long term holders?
    I was wondering if there is any way to utilize the capital gains allowance throughout the years inbetween purchase and sale?

    I looked on the HMRC website but it appears they have a bed and breakfast rule to stop you selling and buying straight back in to take advantage of capital gains allowances like that, although it seems more like it was set up to target false losses.

    I certainly dont want my money in fiat for 30 days!
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  • oohaahmortimer
    oohaahmortimer Posts: 34,141
    Printed nearly 28k this morning , crazy market , moonbound 
  • CAFCsayer
    CAFCsayer Posts: 10,222
    Bitcoin dominance going through the roof... Very tempted to trade out of ZIL and into bitcoin temporarily and see where it settles but just know if I do I'll miss another 40% ZIL pump
  • kentaddick
    kentaddick Posts: 18,729
    MattDee said:
    Anyone looked far into capital gains tax for long term holders?
    I was wondering if there is any way to utilize the capital gains allowance throughout the years inbetween purchase and sale?

    I looked on the HMRC website but it appears they have a bed and breakfast rule to stop you selling and buying straight back in to take advantage of capital gains allowances like that, although it seems more like it was set up to target false losses.

    I certainly dont want my money in fiat for 30 days!
    If you trade it regularly they see that as self employment and comes under your self assessment income tax - for long term holding it’s capital gains tax once you convert back to GBP iirc 
  • CAFCsayer
    CAFCsayer Posts: 10,222
    CAFCsayer said:
    Bitcoin dominance going through the roof... Very tempted to trade out of ZIL and into bitcoin temporarily and see where it settles but just know if I do I'll miss another 40% ZIL pump
    Decision made for me, just hit my stop at 0.08
  • kentaddick
    kentaddick Posts: 18,729
    CAFCsayer said:
    CAFCsayer said:
    Bitcoin dominance going through the roof... Very tempted to trade out of ZIL and into bitcoin temporarily and see where it settles but just know if I do I'll miss another 40% ZIL pump
    Decision made for me, just hit my stop at 0.08
    ETH looks like its finally making movement.
  • shine166
    shine166 Posts: 13,914
    Zil did well overnight, dropped back slightly now 
  • CAFCsayer
    CAFCsayer Posts: 10,222
    shine166 said:
    Zil did well overnight, dropped back slightly now 
    Testing resistance again
  • kentaddick
    kentaddick Posts: 18,729
    edited December 2020
    CAFCsayer said:
    shine166 said:
    Zil did well overnight, dropped back slightly now 
    Testing resistance again
    Just opened a long on it and came here and saw your comment! Looking very tasty right now, classic all time high, dip and then accumulation to re test to moon going on. 
  • cafcpolo
    cafcpolo Posts: 3,811
    https://twitter.com/thorchain_org/status/1343526767500218370?s=19

    Would love a collab with these two! Even Vitalik of ETH fame has been talking up ZIL. This project is going places.
  • BigRedEvil
    BigRedEvil Posts: 11,068
    CAFCsayer said:
    CAFCsayer said:
    Bitcoin dominance going through the roof... Very tempted to trade out of ZIL and into bitcoin temporarily and see where it settles but just know if I do I'll miss another 40% ZIL pump
    Decision made for me, just hit my stop at 0.08
    I purchased some ZIL yesterday after reading your optimism on this thread. Watch it crash now!

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