Trump has proposed getting rid of capital gains tax on crypto. Are you ready for the Trump bullrun to kick off and to start making money gambling on shitcoins?>As reported by Good Morning Crypto in an X post, during a recent interview, Trump discussed a conversation with a friend regarding the U.S. tax structure, which led to him proposing to remove capital gains taxes on cryptocurrency transactions.>“They have them paying tax on crypto, and I don't think that's right,” Trump said. “Bitcoin is money, and you have to pay capital gains tax if you use it to buy a coffee? I was talking with a friend. He said, 'It really shouldn't be taxed,’ and I agree. Maybe we get rid of taxes on crypto and replace it with tariffs.”https://www.kitco.com/news/article/2024-10-30/trump-doubles-down-crypto-proposes-no-capital-gains-tax-bitcoin-and-us-made
>>487637126>just use my electronic gold goy
>>487638723The electronic gold will make you much more money than real gold
>>487637126>pretend internet money lol oh you crazy kids.
>>487639318whatever you say rabbi. not selling till im the pirate king.
>>487637126Ah yes, Bitcoin, trackable money. The ultimate goal of the new world currency, currency that is forever trackable.
lots of patterns in crypto don't break until they do and then nobody talks about them and then it's on to the next cope pattern.still all in, just saying. don't bet the farm, could always go up or down. dollar cost average in and out in broader market cycles don't try to call the exact top and bottom you can't
>>487639854Pretend internet money has turned people into millionaires
>jew tokens
>>487640910I feel that this is true for those that got in ages ago and either sold or kept and slurped.
Crypto is jewry, the false prophet that distracts from tangible wealth. Tokens are merely claims for digital fiat, which itself is a claim for paper legal tender cash. There zero scarcity with crypto due to forks and crypto is not a viable store of value due to cold wallet deletions or seed phrase expiration. There are too many ways to lose your wealth with crypto without even getting into the fact that the price is backed by the federal reserve jews'digital currency minting that gets laundered through kikes like larry fink or sam bankman.
>>487641696>I feel that this is true for those that got in ages ago
Have they Unfucked /Biz/ ? Haven't been there for a while, tbqh I miss the place.
>>487641696Theres people currently going from $1000 to 6 figures in a day off of pump fun shitcoins
>>487637126my crypto portfolio is already up 5k
>>487640256you know you can sell bitcoin for cash, right? then use that cash however you want?
my favorite thing about bitcoin is that most people are literally too stupid to understand it. this keeps them on the sidelines while those of us who do get it stack. I'm coming up on five years of not working a corporate job thanks to bitcoin. kiss my ass, retards.
>>487642625>most people are literally too stupid to understand it.I didn't understand it for years. I could have bought back in 2013 and be rich nowim such an idiot
>>487642298yes and no. the trannie jannies have been handing out 2-day bans like candy for daring to mention any connection between the most pro-bitcoin coalition getting elected and price changes
>>487642776i also ignored it for years in the early days. the thing is that like everyone else you would have cashed out most or all of it at relatively cheap prices back then.
>>487642943if you cashed out in 2017 or 2021, you could buy a houseid at least have a house now
>>487637126All capital gains taxation must be weighed against inflation. This way, most investments are actually losses and would be properly accounted for as such.
>>487643162if you had enough coins in 2017 to buy a house you'd have enough to buy three houses now.
>>487643207Trump coalition has already floated getting rid of capgains entirely for Bitcoin. This is a very good idea and they should do it and probably will.
>>487640910>soldYeah, I call bullshit.
>>487642448fuck off scamjeet
>>487640910this is sort of like telling everyone you one a couple million in the lottery. if you have crypto holdings you should actually tell people close to you since you'll want and need to be able to talk about sometimes. what you should do is tell them you have far less of it than you do. have a bitcoin? tell people you have .1 bitcoin.
>>487642853I meant, the email validation
I will never sell any of my shitcoins
>>487637126>bitcoin go upevery asset is going to go up except like amc. put your money into anything. gold, silver, vintage video games, anything. dollar bills are not going to hold their value when the rates get lowered, everyone is taking out loans, and everyone's job is doing really well. youre going to see a lot of people with a lot more money than they once had. "woo hoo yay more money" but everyone else has more money too. uh oh now youre paying $10 for bread because people still buy it at that price. this is what hyperinflation will start looking like
>>487643162
>>487644125you will. shitcoins are good for selling at taxtime to cover some of your gains
giving china the middle finger in terms of tarrifs is going to exacerbate it as well. instead of deporting dollars by paying for chink goods its all going to stay in the usa
>>487640256Monero is not trackable
>>487640975>>487641806take your meds schizo
>>487642448>liquidity pools, how do they work?
>>487643162>you could buy a houseNobody can predict the future.You simply sell when you think it's worth it. Simply holding assets isn't the solution, there's always potential for growth as well as risk of loss and you time is limited. If it was that simple, everybody would be a billionaire by now.Fastfoward 10 years and if BTC skyrockets again you'll just say he could've bought, not just a house but a yatch as well. But the opposite could also happen, BTC collapses and he won't even even be able to afford a small pizza. Or the guy could be dead and never even get to enjoy all that money he may have made.
>>487648154the saying is that "you buy BTC at the price you deserve"
>>487637126he will most likely set $ limit. no capital gain tax on like-kind-exchange up to $500 or something.
>>487637126He has some sort of obsession with tariffs, i suppose their application will be Trump's main policy in his first presidential year.
>>487648956all you need is a mechanism to prevent swing trades. the long-term capgains rate is probably toast.
>>487648956*not like kind exchange. im talking about paying coffee, dinner, etc with crypto.
>>487647480The coin in the pic had like 2 million in the LP. Cashing out 6 figs would've been no problem
>>487649356there have been waaaay too many of these scams, everyone knows the play. buy an ad ranjeet.
>>487649529So what's the play then faggot? You still haven't explained how it's a scam
>>487638723>Check it out guys! Bitcoin is digital gold!>Bitcoin is a store of value guys>Bitcoin is a commodity maybe lol>JEW HAS JOINED THE SERVER>Bitcoin is digital gold you say? *hand rubbing escalates*>Bitcoin ETF created>Gold to paper ratio>Silver to paper ratio>BITCOIN TO PAPER RATIOBased on a true story
>>487637126BTC doesn't trade like gold, PM's, Oil, or even the broad market or a leveraged tech stock.It trades like the rate of change on JUNK BOND ETFS.
>>487648968>He has some sort of obsession with tariffsIt's not an obsession when tariffs were literally how the government was funded for the majority of this country's existence. the jews used their world wars to ram through income tax jewry saying it'd only be the rich paying it and it'd only be temporary, both of which were lies.
>>487640256Trackable, in some cases, but anonymous if you know what you're doing. You could, say, buy monero and sell it back to buy bitcoin in a different wallet and nobody would be any the wiser.
>>487637126Bitcoin isn't digital gold. Digital gold is digital gold.https://coinmarketcap.com/view/tokenized-gold/
>>487653204BTC is where highly speculative excess liquidity goes to gamble. I've created a chart to show you it's correlation to shit, JNK Bond ETF's. Literally garbarge tier shit, it just reflects how horny institutional money is for going risk on.Chart 1 is VIXChart 2 is JNKChart 3 is BTC.
>>487643840Never tell anybody how much money you have. Not friends, not family, and especially not women
>>487653702no its not, its where people who bought in 2021-2022 near ATH are trying to slowly off-sell their bags. Volume is less than 1/10 of that time.
>>487637126I fucking love tariffs now.
HOW DO I INVEST IN CRYPTO. IS IT WORTH IT. WILL I ACTUALLY MAKE MONEY.i want to ask google, but i trust you guys more
>>487648968Tariffs literally helped make the economy better during his first term. Media and twitter trannies still bitched about it because he's Trump and they don't like that.
>>487642456How much did you invest. What did you invest in
>>487642776You’re not too late for meme coins. They are going to go parabolic in the next year.
this is a portfolio thread now
>>487653770This
>>487655381Get on my level.
>>487654026Heres a basic guide and a resource for finding good coins. You'll make money as long as you keep at it and dont give up when you lose money like everyone does at some point.-Set up an account on a crypto exchange like Crypto.com, Kraken, Bybit, Coinbase, Gemini, Binance, etc -Download a private wallet from the app store like Phantom for Solana (https://x.com/phantom) or Rabby for Ethereum (https://x.com/Rabby_io). Write down your seed phrase or private key on a piece of paper, never keep it on your devices in case they get hacked somehow because then people can take your seed phrase or private key and steal everything in your wallet. Also never connect your wallet to any app/website unless you're sure it's legit and not a scam, because if it's a scam all the crypto in your wallet is gonna get stolen. People constantly create fake apps and websites that are copies of legitimate apps and websites in order to trick you into connecting your wallet so they can drain it, and they show up in google search results all the time. Twitter accounts for legitimate apps and cryptocurrencies also get hacked and the hackers will post links to wallet drainers. -If you want to trade Solana memecoins since those are where the money is then buy Solana on your exchange of choice and send it to your private wallet, send a small amount first as a test transaction to make sure you're sending it to the correct wallet, check in on your private wallet and dont send the rest of your funds until the money from the test transaction shows up
>>487655934-Install Telegram if you dont have it and join the Trojan bot channel so you can easily trade coins on Solana from Telegram. I'd recommend turning on a stop loss and setting it to sell 100% of the coin you bought when it drops -25% from your buy in price and your take profit to sell 100% of the coins you bought when they rise 300% from the price you bought at. Copy your private key (write it down on paper as well) from Trojan within Telegram and import it into your Phantom wallet so you can access your trading bot wallet from your Phantom app. Also after you've imported your trading bot wallet into your Phantom app, copy down the seed phrase onto paper (reminder to never keep your seed phrase or private key on your devices otherwise they can be stolen and your wallet will be drained of everything)https://x.com/TrojanOnSolana -Send the Solana you moved from an exchange to your private wallet into your Trojan bot wallet so you have Solana to buy coins with through Trojan -Buy coins through Trojan on Telegram that you think will make gains. These call bot channels below are going to get better results than picking coins off of Dexscreener or Raydium Here's a telegram bot channel which posts pump fun listings that the algorithm thinks will make gainsThis is unironically one of the best call channels I've been in, pic related t (.) me/pumpfunlistingsRemove the parenthesis and spaces This one is made by the same devs as the pump fun channel and is for all of Solanat (.) me/solcallbotRemove the parenthesis and spaces I'm not associated with the creators of the channel in any way if it sounds like I'm shilling to try to get you to buy the VIP channelAlso dont buy anything I post these are just examples of some of the good coins the bot has called, they've already all pumped and dumped
>>487656068Here's a link to a crypto telegram group chat of people from /biz/, they also post good stuff usually at least once a week, pic related t (.) me/+Qc0VcEoUWhs5MjgxRemove parenthesis and spaces
>>487656068
>>487656221
>>487655934>>487656068>>487656153>>487656221>>487656352terrible advice.. 100% pajeet shill/scammer...
>>487656352
>>487637126Yeah but stocks are 0% comission and I’m getting money anyway. I do miss crypto 24/7 trading tho but stocks are far more interesting to me
>>487656494What part of what I posted is terrible advice and why?
>>487656554>just pay hundreds of dollars in gas bro and use some shitty swapNo thanks
>>487656729Solana gas fees are under a dollar. What shitty swap? Do you even know what you're talking about?
>>487657081What exchange? Crypto shitcoins are no different than small cap stocks
What are some make it crypto's? I know people shill xrp and link, but I've been in sui and 2x already in a few months.
>>487637126https://www.youtube.com/watch?v=0kbkysPTnHche's also proposed eliminating the income tax. it'll never happen. he says this shit to get voted.
>>487655753you can tell wsb is a cult because of the apple obsession when they haven't released an innovative product since the iphone.
>>487657515Raydium
>>487657620Memecoins/shitcoins will give you much quicker and larger returns than altcoins. It goes both ways though
>>487658406Last I traded crypto was an ETH swap like cake swap or pancake swap. I didn’t realize SOL had better gas fees, that changes the game completely. Although I’m a day trader on stocks and I do well. I do miss the 24/7 crypto trading. I have a fully verified kucoin account under a foreign girlfriend’s name. Why would it be better to trade out of a wallet rather than a CEX like kucoin tho? Seems kinda meh
>>487657620Xrp is going to be the NWO singularity mark of the beast coin alongside cbdcs when shit finally goes downWritings on the wall with that one, and former ripple staff fill key us government positionsJust go see wef, imf, bis, and un publications on cbdcs and crypto in general, everyrhing theyre asking for is provided by ripple; and theyre a business wirh luciferian connectionsI wish i was wrong, but there are greater riches in heaven than whats coming, most people have no fuciing idea whats actually comingYou can for the interim enjoy the shitcoin casino, but thats all itll ever be before its regulated out of existence and digital id takes the precedence for internet access and finance etc.Our world is one of a railroad with many distractions, and yes for those wondering, gold and silver are going to rip alongside the switching of the system when the current debt liquidity crisis is ready to rugpull an entire planets inhabitabts of their life savings and wealthTruly, the best investment you can make for yourself against all these calamities will be to study the Word of God and prepare for the great tribulation, God is no respector of personshttps://m.youtube.com/watch?v=1RoIC4NAcaM&pp=ygUaR3JlYXRlciBleG9kdXMgbW9udGUganVkYWg%3D^tldr lecture for how to survive
>>487637126>has proposed getting rid of cap gains tax on cryptono he hasn't.give me a source i doubt you can.
>>487658775Because all the coins that are pulling x100s arent listed on CEXs
>>487637126I have underwear older than bitcoin.
>>487659590Yeah but there’s fucking thousands. What do you intend to do? Put all your money in 100 different shitcoins and pray for 1 to hit before your 100 years old? That’s not viable, it seems
>>487660474Bear kn mind most of these kids shilling these markets have no idea how liquidity and orderbooks work, they get lucky a few times swapping or else get raped by illiquid shitcoinsThere is a reqson most top tier traders are trading liquid charts on CEXs, thats where the big money actually talks and pays taxesMost these noobs dont realize that the average whales comission fees for a single trade is their entire portfolio and net worthA single tradeYes i know from first hand experience in talking with other traders in my social circleGods more important, focus on Him
>>487637126At this point no one has significant bitcoinage but Trump's (((billionaire))) buddies.
>>487660940Exactly most of the shitcoins on radium have like $1200 market caps kek. You would truly have to risk everything on some retarded project and hope the dev didn’t start turbo minting coins at some point and dilute the coin to absolute shit
>>487653770Everyone in my family knows how much we have in savings and how much we make per year and it has never caused trouble.
>>487644290then why are buffett and bezos in cash
>>487660474Use the telegram pump fun call bot in the screenshots I posted since it's called a bunch of decent coins
>>487661942These are pump fun tokens that have completed the bonding curve and moved to Raydium which means they're gonna have a minimum marketcap of like 69k. Also coins launched on pump fun cant have a mint function I believe
>>487652626Fun thing to remember too: billions are spent on the bureaucracy to manage and catalog income tax, by switching it to a tariff much of this bureaucracy can be axedEasier to keep track of ships coming in and slapping a tax depending on the category of good than manage hundreds of millions of individual citizens' income
>>487663978>>487663636Fuck off rancid jeet. No real trader like me would ever give you money for call outs. I choose my own destiny
>>487656681Shilling
>>487664515How are you given me money faggot?