Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
by
Walter_S
on 11/03/2017, 18:41:08 UTC
Quote from: HR on March 11, 2017, 05:50:00 PM
Quote from: Walter_S on March 11, 2017, 02:08:21 PM
Quote from: Walter_S on March 11, 2017, 02:05:53 PM
Quote from: HR on March 11, 2017, 01:25:18 PM
Quote from: Walter_S on March 11, 2017, 12:54:17 PM
Quote from: HR on March 11, 2017, 12:46:43 PM
Quote from: dranster on March 11, 2017, 10:20:32 AM
Who are the noobs that keep buying DASH at these levels?

People like Walter.


Hahaha - keep dreaming.... I bought many masternodes at < $2 a dash. My posting history is there for all to see.

Nice try ignorant troller Wink

Walter

Wasn't referring to WHEN you or anyone else bought (or is buying).

Was referring to your common sense and basic logical reasoning. For example, you still haven't figured out that you could realize 40 years worth of masternode revenue buy selling now. Most would agree that the decision not to take windfall profits like that is an emotional one that sooner or later ends up bad.

Again, I would say most are like you: emotional investors speculators gamblers who like the thrill of gambling and have no idea what they're getting into. If that weren't true, you'd have sold at 60 (or you'd be glued to your screen right now watching closely for the coming reversal . . . but that takes expertise . . . don't get cute and just take your 40 years' profits now while you can).



You clearly have no idea what you're talking about. It's ok though.

Walter

P.S. If I sold now I'd be 'realising' approx. 7.2 years of masternode revenue, based on an approx. 10% yield. Why not just hold and have twice as many masternodes in 7.2 years?


Yo, Walter, $1,000 componded at 10% per annum turns into $60,240.07 in exactly 43 years.

You don't even need a special calculator. Just google it. http://lmgtfy.com/?q=compound+interest+calculator

(Since you bought at 2, it will only take you 36 years to get to $61,825.36.)

Now that was tough.

... what was I saying about your kind of "investing"?


Again, you've just demonstrated your complete incomprehension on the subject of investment and the miracle of compounding returns.

If I sell my holdings right now I forego a 10% coupon (yield) plus the benefit of future capital growth/gains. I will also realise a huge capital gain tax liability if i sell today, which would be taxed at around 30%. I also happen to believe that the future capital growth prospects are still very good with Dash.

So, on that basis, please tell me why I would sell Dash right now?

Where can I redeploy my capital (minus 30% tax) and earn a 10% coupon plus further capital returns? Also bear in mind that it will have to make up for the loss of 30% of my capital investment I've just had to pay to the tax man, capital that I can't earn a return on anymore? (but that would continue to earn returns for me if I didn't realise the gain through sale)...


In fact, don't bother trying to answer... Save your breath! If you knew the answer you wouldn't be making such dumb assertions in the first place.

Walter