r/CryptoCurrency • u/AutoModerator • 16d ago

OFFICIAL Daily Crypto Discussion - August 11, 2025 (GMT+0)

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5

u/StraightStackin 🟩 123 / 122 🦀 16d ago

Guys...what are the odds when the rest of America wakes up they don't take profits? ETH is up 8% and BTC is up 4%, to whales with millions in ETFs they can cash out big time tomorrow...

4

u/Mr_Stimmers 🟦 669 / 661 🦑 16d ago

I just hit 3x on my BTC, so I’m thinking about taking out my initial investment. But… me scared boss.

2

u/StraightStackin 🟩 123 / 122 🦀 16d ago

Imagine you have $20,000,000 in ETH ETFs and you're looking at $1,600,000 in profit just from the weekend...you could cash out then buy the dip, I know I would!

Market open will tell the tale, we either fly or fall.

1

u/ricosuave79 🟩 0 / 0 🦠 16d ago

Tax man would love you. Uncle Sam would take 37% right off that profit. Wealthy wouldn’t be that stupid.

0

u/StraightStackin 🟩 123 / 122 🦀 16d ago

Are you joking? They do it all the time. Their gains from buying low and selling high more than offset short term capital gains. Why do you think BTC dips so much the rockets back up, you think that's retail doing that? You are retail, you think like a dad at home with no clue what he's doing "oh I gotta hold for two years to get long term capital gains" meanwhile whales are buying and selling millions upon millions when it dips then selling when it's up, rinse and repeat. You would be a terrible rich person.

0

u/BrowsingCoins 🟩 17 / 12K 🦐 16d ago

Never a bad idea

3

u/ElPeroTonteria 🟩 0 / 0 🦠 16d ago

Im East Coast, it's 2300. it's only 8pm in LA. we're all up still

2

u/rsicher1 🟦 16K / 16K 🐬 16d ago

Don't care. Will continue to buy more.

1

u/Putrid-Material5197 🟨 0 / 0 🦠 16d ago

early market is 4am EST ..... the eth ETFs will surely profit take (again) to some degree, and that'll likely cause a market open pull back - just like happened for 2 weeks straight in July.