crypto currency

[QuarterMillionMan]

My scenario is different but I know what you're talking about when TD Ameritrade took over Scottrade my equities seemlessly transferred over. Then when Schwab took over TD Ameritrade my equities also transferred over without having to liquidate. But with Trade Station they decided to stop cryptos. They still have equities so I'll have to liquidate my cryptos and get equities. Or I'd have to liquidate my cryptos then with the settled funds roll it over into another crypto custodian such as Bitcoin IRA but their fees last time I checked were outrageous. Trade Station's fee of $100 annually was sort of high as well but I think Bitcoin IRA charges about $30 a month. Other crypto IRAs' are available but I'll have to do some homework and research their fees.

[QuarterMillionMan]

[QuarterMillionMan]

Cryptos heating up again.

[QuarterMillionMan]

Bitcoin $63,158 today.

[QuarterMillionMan]

Ledger $26,451
Robinhood $6391
Trade Station $5500
Coinbase $4264
Coinbase Wallet $2000

Mostly all BTC, but also ETH, LTC, Solana, Shiba, etc.

Today my Ledger balance is $43,000 (in Dec 2023 it was $26,451). I didn't buy or sell in my Ledger since that time. I did however have to liquidate my Trade Station cryptos but cannot cry over split milk at this point.

[QuarterMillionMan]

These were all free cryptos from Coinbase's "learn & earn."

[disneysteve]

QMM, can you actually cash out all of that free stuff? Is there a fee if you do? There must be some catch as they never truly give you anything for free.

[QuarterMillionMan]

I haven't tried cashing out the free cryptos but I think you a right that they'll be adding in their fees.

[QuarterMillionMan]

You got me thinking and I was debating cashing out the lowest .10 cents worth of onyxcoin but I don't want to have to pay let's say a $3 processing fee on the back end for cashing out. I'm sick of fees after paying the $310 rollover Roth IRA fee.

[QuarterMillionMan]

BTC today jumped from $66,000 to $70,000 but seemed to have stalled.

[QuarterMillionMan]

1) opt in to win cryptos
2) buy any amount
3) chance to win (I'll play)

[QuarterMillionMan]

Bitcoin this week went from $60,000 to $65,000 today. Gold is $2385, silver is $29.50.

[QuarterMillionMan]

1 year made $30,900 (212%)

[LivingAlmostLarge]

From crypto?

[QuarterMillionMan]

Yes cryptos. I haven't kept track as to the exact unrealized gains of all my accounts so I decided to tally it just now. These numbers are the 1 year gains, not the balances.
Ledger +$30,000
Coinbase +$4000
Robin Hood +6000
Coinbase Wallet +2000
So, I'm sitting on +$42,000 in unrealized gains today. Debating to take the profits and buy a new 2023 Chevy Trailblazer for $21,999.