It's interesting to see how tax laws differ across countries, especially for crypto investors. With such variations, it's crucial to know where you can legally minimize taxes without facing unexpected losses. Has anyone here explored moving or optimizing their crypto strategy based on these favorable tax laws?
Not entirely clear on the market you mean, but remember that patience can be your ally. Hold onto your assets until you're in the green, using a stop-loss of about 10% for swing trading. It took me a long time to understand that chart predictions aren't always accurate. Nowadays, I simplify my approach, consistently averaging $47k weekly with minimal trades. Plus, the insights from Garrett Eaton's one-on-one sessions have helped me deepen my understanding and conquer my trading anxieties.
Just hold an buy more … leave penny stocks alone .. I was down 53k Aug 4… I recover alll my lost and I have the pic to prove it …. Some days I would just go to work and not look at it and tell myself this is a long term investment it will grow back
This video misses main points for judging wether a country is crypto friendly or not. All EU countries in this video are subject to EU MiCa regulations. Starting at 30.06.2024 with regulation about stable coins. EU Citizens are no longer allowed to trade unregulated stable coins. Which stable coins are allready regulated? Non! That means we are loosing nearly all trading pairs with small and midcap crypto currencies. Binance and Kraken are allready reacting to this. If that is cryotp friendly I do not understand your your definition of crypto friendly!!!!!
You're right, the US has stronger rules but on a tax perspective, there are still interesting locations there. What is your favourite country for crypto taxes?
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It's interesting to see how tax laws differ across countries, especially for crypto investors. With such variations, it's crucial to know where you can legally minimize taxes without facing unexpected losses. Has anyone here explored moving or optimizing their crypto strategy based on these favorable tax laws?
Not entirely clear on the market you mean, but remember that patience can be your ally. Hold onto your assets until you're in the green, using a stop-loss of about 10% for swing trading. It took me a long time to understand that chart predictions aren't always accurate. Nowadays, I simplify my approach, consistently averaging $47k weekly with minimal trades. Plus, the insights from Garrett Eaton's one-on-one sessions have helped me deepen my understanding and conquer my trading anxieties.
@Garrett Eaton ..that's it
He's mostly on Telegrams, using the user name
I am happy with this recommendation and hope that Garrett will give me insights into the direction of the economy and strategies to combat inflation
Just hold an buy more … leave penny stocks alone .. I was down 53k Aug 4… I recover alll my lost and I have the pic to prove it …. Some days I would just go to work and not look at it and tell myself this is a long term investment it will grow back
This video misses main points for judging wether a country is crypto friendly or not. All EU countries in this video are subject to EU MiCa regulations. Starting at 30.06.2024 with regulation about stable coins. EU Citizens are no longer allowed to trade unregulated stable coins. Which stable coins are allready regulated? Non! That means we are loosing nearly all trading pairs with small and midcap crypto currencies. Binance and Kraken are allready reacting to this. If that is cryotp friendly I do not understand your your definition of crypto friendly!!!!!
Which destinations would you suggest instead?
You're right, the US has stronger rules but on a tax perspective, there are still interesting locations there. What is your favourite country for crypto taxes?
Sell to fiat.
You forgot Gibraltar
Thanks for the suggestion ;)