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14 April 2021, 11:17 PM | #1 |
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Real Name: JG
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Anyone considering selling a watch to put into Crypto?
Title says it. Considering selling my 118206 to toss into BTC and ETH
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228235 Day-Date Olive Dial 5164R Aquanaut |
14 April 2021, 11:19 PM | #2 |
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I personally would not liquidate material things I already own and like to make a speculative investment
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14 April 2021, 11:19 PM | #3 |
Banned
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Location: New Mexico
Posts: 898
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How many watches do you have?
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14 April 2021, 11:24 PM | #4 |
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Real Name: Trey
Location: Texas
Watch: those three’s roll
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Personally, I would just use other cash to make the purchase (as opposed to selling the watch).
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15 April 2021, 12:06 AM | #5 |
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Real Name: Paul
Location: Tucson, Az
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Don't really view my watches as assets.
I see them more in the personal item category.
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Ain't much of a crime, whacking a surly bartender |
15 April 2021, 12:16 AM | #6 |
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Watch: Pepsi
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15 April 2021, 12:25 AM | #7 |
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Real Name: Alyx
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I did it the other way around. I bought my watches with crypto.
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2022 126720VTNR Sprite - 2020 126719BLRO Meteorite dial - 2018 126333 DJ41 Wimbledon Dial - 2017 114060 SubC No Date - 2017 116613LN SubC Date Two Tone - 2017 116508 Daytona 18K YG Green Dial |
15 April 2021, 12:54 AM | #8 |
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Not a chance in hell of ever doing that
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Vacheron Constantin Traditionnelle Complete Calendar, Glashutte PanoInverse, Glashutte SeaQ Panorama Date, Omega Aqua Terra 150, Omega CK 859, Omega Speedmaster 3861 Moonwatch, Glashutte Senator Exellence, Rolex 116710 GMT Master II BLNR, Breitling Superocean Steelfish, JLC Atmos Transparent |
15 April 2021, 01:08 AM | #9 |
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Real Name: Danny
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No way other way around
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15 April 2021, 02:24 AM | #10 |
Banned
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Who's buying the coinbase IPO today?
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15 April 2021, 06:57 AM | #11 |
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Not I.
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15 April 2021, 08:43 AM | #12 |
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Real Name: PaulG
Location: Georgia
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Anyone considering selling a watch to put into Crypto?
If you don’t have the cash set aside to burn in blockchain, I wouldn’t liquidate good assets to speculate.
Once you’re into the wallet, the fees begin to set-in and you only have digital gains until you exchange the balance back into tangible assets. If you’re cash strapped then: Sell a depreciating asset like a Porsche or MB before an appreciating asset. Sent from my iPhone using Tapatalk Pro
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Does anyone really know what time it is? |
15 April 2021, 09:25 AM | #13 |
Server Advisor
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Man there are so many promising coins that are under $1 that I would suggest investing in rather than BTC or ETH but to each his own. I've done fairly well over the past 5 years or so playing with crypto.
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15 April 2021, 09:33 AM | #14 |
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Where were you in November?
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If you wind it, they will run. 25 or 6 to 4. |
15 April 2021, 09:34 AM | #15 |
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While I agree you should look at the top 10 altcoins in 2017 vs bow compared to bitcoin. They've all dropped 90 percent relative to bitcoin.
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If you wind it, they will run. 25 or 6 to 4. |
15 April 2021, 09:39 AM | #16 |
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Define "fairly well". I don't have any coins, but bitcoin over the last 5 years is up about 14,000%. If you beat that, you have done better than "fairly well". If not, then I question your advice to buy other coins :)
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Once you aquire your "grail"... then what?! |
15 April 2021, 11:26 AM | #17 |
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I’m not believer. Yes I could of been extremely rich if I had gotten into the Bitcoin in time. I could of been broke too; is just a gamble.
Bitcoin is NOT an investment, money is supposed to be owed to finance other activities, currently people is holding Bitcoin to generate revenue. I’m perfectly happy with most of my hard assets in real state generating monthly positive cash flow. And the rest in the stock market. |
15 April 2021, 12:03 PM | #18 |
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I don’t invest in either.
When I buy a watch it’s with the intention to keep. |
15 April 2021, 12:35 PM | #19 |
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Watch: 16610LV
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Well, I first bought bitcoin when it was at $400. I guess my statement needs a lot more context. What I mean is, I think smaller coins have a lot more upside potential at this point than Bitcoin. Of course, it's all just speculation.
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15 April 2021, 04:29 PM | #20 |
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Congrats on being in early my comment was half tongue in cheek as I am not involved in any capacity. :/
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Once you aquire your "grail"... then what?! |
15 April 2021, 07:14 PM | #21 |
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Real Name: Henry
Location: USA
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15 April 2021, 09:57 PM | #22 |
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I don’t think so.
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16 April 2021, 12:36 AM | #23 |
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16 April 2021, 12:38 AM | #24 |
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No.
Sell crypto to buy house lol
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Style may change but taste remains ! |
16 April 2021, 01:31 AM | #25 |
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I bought my watches to wear and enjoy. I already have funds set aside for actual investments.
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16 April 2021, 05:39 AM | #26 |
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Real Name: Duncan
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No, but I’m strongly considering selling a house to buy some watches.
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16 April 2021, 06:11 AM | #27 |
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16 April 2021, 06:14 AM | #28 |
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Anyone considering selling a watch to put into Crypto?
Think it’s other way around, one of the reasons the Daytona is nearing $40k...
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16 April 2021, 06:28 AM | #29 |
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No, crypto returns are not that good. Even if crypto goes from $50k -> $1M the returns are no that good relative to asset classes with similar risk profiles.
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16 April 2021, 06:39 AM | #30 |
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Playing with fire
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