Altcoins About to Mint Millionaires - Don't Let Taxes Steal Your Gains!
ฝัง
- เผยแพร่เมื่อ 4 ต.ค. 2024
- Altcoins are on the rise, and new millionaires will be minted every day. But how do you keep your gains without losing a huge chunk to taxes? In this video, we explore two powerful strategies to help you preserve your wealth. Watch now to learn more and stay ahead in the crypto game!
Disclaimer: This video is for informational purposes only and is not tax or financial advice.
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Hi there,
My name is Matthew. I am an investor, developer, and entrepreneur: addicted to analysis, data, transparency and freedom.
Crypto changed my life and I believe it can change your life, too.
On the DeFi Divvy channel you get data driven content that can help you compare cryptocurrencies and other assets so you can reach your goals faster.
On this channel you also get crypto news, along with education and ideas that you can use for simple crypto passive income.
One goal of this channel is to expand our financial education in relation to blockchain metrics, adoption, and decentralized applications, so we can implement our own personal strategies with confidence. Why are we here? So we can reach our ultimate goal: Financial Freedom Faster.
Disclaimer:
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I am not an investment advisor and this is not investment advice.
The information is provided for information purposes only and on the basis that it will not be relied upon. No information contained herein constitutes a personal recommendation or investment advice.
The information (including any expressions of opinion or forecast) have been obtained from, or is based on, sources believed by DeFi Divvy to be reliable, but are not guaranteed as to their accuracy or completeness and should not be relied upon. The information is provided without obligation on the part of the content creator and on the understanding that any person who acts upon it or changes his investment position in reliance on it does so entirely at his own risk. The information does not constitute an offer to buy or sell or an invitation to make an offer to buy or sell any financial instruments.
Thank you for Reading and Watching ❤
#cryptobullrun #cryptomillionaires #crypto
Morning Matthew !!! Beach walk n talk. Nice !!! I become my own BANK.
Morning ETech! I like the sound of that. So over banks.
Great information my dude and your comment section isn't flooded with bots yet. Appreciate some insights on tax burdens.
Appreciate that. Thanks for stopping in!
Morning Matthew 😊😊😊 Hey that’s not Jomtien Beach…😮😮😮
I wish it was. Soon!
Are you already looking for algae, crabs, swordfish and whales??😁🍻
All the above incoming!
Walking along the ocean, seriously.... Lucky!!
100%. Thanks for dropping in for a walk and talk!
What type of loan would you use to borrow against your assets if you can't use a securities backed loan since they're not securities?
Great question. Some banks let you pledge your gold (commodity). I imagine BTC will be the same soon as it continues to get wall street adoption and legal clarity. That and DeFi loans will evolve.
Is that San Diego? Carlsbad?
Little bit north. Good guess. Love it down there.
@@raynaldomartine you're welcome. I'll look you up and stop in for some music next time I am down there. I seem to connect with musicians often from this channel.
I will allocate my profits (if any^^) to different (hard) asset classes that will (partly) generate income for me and partly preserve value to get back into crypto in a bear market...
What's going on with the Flare price? Do you still feel bullish on flare even though songbird is going to see FAssets soon?
I think the $FLR price will have some fun this bull run. And if FAssets ends up having product market fit, look out above. TBD on PMF...
DeFi Divvy 😎👌💪🏽🔥💯
Let's go Johnny!
It's a tough game!!!
100 David!
Nexo was a good thing until the SEC screwed that up for the USA
It was on my rader!
If you contract with a wealth management company, you can leverage their wealth to gain access to their products that can make living on loans realistic.
I'd love to learn more about this.
@@DeFiDivvy where can I send you a private message?
RIP Jeo Boden. Hellooooo SGB!
Yessir!
Don't sell. Just live on fees and pay your expenses with a debit card or credit card that uses your crypto. Do not buy big cars and big houses. You don't need it and it will only bring burden into your life.
I love that strategy and some of my bags are slated for it. But unfortunately at this time, in the USA, a debit card that uses crypto is still viewed as a crypto-to-fiat conversion under the hood by the IRS, which is a taxable event. In addition to that, in the next bear market some altcoins could see 90% crashes, just like they have in every previous crypto bear.
@@DeFiDivvy I see. Hard to escape.