Pacun Posted February 24 Report Share Posted February 24 Save your laugh for April 15, 2025. I am planning to transfer all (EVERYTHING) to 20 crypto coins or tokens. I must sell next year and profits will be taxed as capital gains personal level. A lot of it will be short term gains. Is there a way to save some in taxes if you have stock (similar to crypto) and you must sell everything in one tax year? Current prices for potential coins or tokens: Solana 102 QNT 103 ABT 1.8 Beam .031 Tia 16.64 Jup .50 AVT 1.82 PNG .3 Quote Link to comment Share on other sites More sharing options...
JohnH Posted February 25 Report Share Posted February 25 I hear it’s really easy to make a small fortune trading crypto by using a simple 3-step plan 1) Stat with a large fortune. 2) Begin trading crypto. 3) When you notice you’re down to a small fortune, stop trading. Sounds foolproof when you do it that way. 2 3 Quote Link to comment Share on other sites More sharing options...
Pacun Posted February 25 Author Report Share Posted February 25 From another post: " On 4/24/2023 at 6:07 PM, Pacun said: Her timing was bad. I have been there and the lesson has been learned but this time is different. With lesson in my favor and $50K to invest, I would buy right now the following: 100 QNT coins at $110 each = $11,000 10,000 RNDR coins at $1.75 each = $17,500 1,000 AVAX coins at $17 each = $17,000 112,500 GALA coins at .04 = $4,500 In a year and then in two years, I will check how much each coin costs and multiply by the coins "I would have bought but I didn't because I was a polo or I didn't have the money". Expand I am a bit early than a year but here we go: Based on current prices: 100 QNT at $104 = $10,400 for a loss of $600 10,000 RNDR at $7.38 = $73,800 for a profit of $56,300 1,000 AVAX at $36.89 =$36,890 for a profit of $19,890 112,500 GALA at $0.03 =$3,375 for a loss of $1,125 So: -600 56,300 19,890 -1,125 Profit equal to: $74,465. As someone suggested, invest BIG, so let's say you had half of million to invest: Profit $740,465. Another point, soon after I posted the above last year, the two founders of GALA sued each other, so at that point, I would have sold GALA and purchase another coin that might not be in huge loss. The parabolic bull run has not started but I will post in March or April next year. " John, I like that idea of starting big, especially this year. What do you do when then bartender says "last call, this bar will be closed for ever"? Quote Link to comment Share on other sites More sharing options...
Lee B Posted February 25 Report Share Posted February 25 I think I will invest my money in my mental health and spend it on a nice vacation 3 Quote Link to comment Share on other sites More sharing options...
JohnH Posted March 1 Report Share Posted March 1 On 2/25/2024 at 9:34 AM, Pacun said: John, I like that idea of starting big, especially this year. What do you do when then bartender says "last call, this bar will be closed for ever"? I'd be concerned that the whiskey is watered down and that all the top-shelf bottles had been refilled with rotgut. Next morning, while I'm still sick from the adulterated product and examining the overcharges & inflated tips on my tab, I'd come to realize that neither the bartender nor the owner will be around as I discover the fraud and have no means of restitution. 1 Quote Link to comment Share on other sites More sharing options...
Lion EA Posted March 1 Report Share Posted March 1 On 2/25/2024 at 9:34 AM, Pacun said: "I would have bought but I didn't because I was a polo or I didn't have the money" What's a polo? Quote Link to comment Share on other sites More sharing options...
Pacun Posted March 3 Author Report Share Posted March 3 chicken phonetics for pollo is polo. 1 1 Quote Link to comment Share on other sites More sharing options...
Pacun Posted March 3 Author Report Share Posted March 3 On 3/1/2024 at 10:19 AM, JohnH said: I'd be concerned that the whiskey is watered down and that all the top-shelf bottles had been refilled with rotgut. Next morning, while I'm still sick from the adulterated product and examining the overcharges & inflated tips on my tab, I'd come to realize that neither the bartender nor the owner will be around as I discover the fraud and have no means of restitution. This bar, with the bartender and all people involved will be open for good drinks again in a couple of years after you respond to the "last call". This is the common reaction. Next year, when I will be enjoying my drink, people will see me enjoying and they will want a drink. They will give extra money to the bartender in order to join me but at that point, the bartender will nicely take their money and serve them exactly what you are describing. TIMING is everything!!!!! The bartender has started softly saying "last call" it is up to you to order a drink now and join me and other enjoy the party. Why did I say for ever: because this time will be remembered as the best run ever. More runs will come, but not like this one. By the way, QNT and Gala above are now in profits. Gala GALA $0.04471 QNT $125.42 I think I will post again on April 24th ish to follow my original plan. Quote Link to comment Share on other sites More sharing options...
Lee B Posted March 3 Report Share Posted March 3 FOMO Quote Link to comment Share on other sites More sharing options...
Pacun Posted March 3 Author Report Share Posted March 3 FOMO will be next year when my glass is almost empty and bribes for the bartender will be flying left and right. 1 Quote Link to comment Share on other sites More sharing options...
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