BTC BROUGHT MOST ALTS DIOWN, THIS ONE IS PRIMED FOR 47% MOVE TO THE UPOSIDE. FUNDAMENTALS SOLID TOO. SOLVES A PROBLEMS FOR HODLERS THAT DO'N'T WANT TO SELL THEIR CRYPTO WHICH CAN CREATE A TAXIBLE EVENT(YET BORROW AGAINST THEIR CRYPTO EQUITY) AND WITH BIDEN'S HIGH-BALL CAPITAL GAINS TAX SCARE (EVERYONE KNOWS HE DOES NOT HAVE FULL SUPPORT FORN IN THE SENATE) WE WILL ONLY SEE A WATERED DOWN VERSION LIKE OBAMA'S INCREASE.
PEOPLE WHO EARN ONE MILLION DOLLARS A YEAR DON'T OWN PERSONALLY OWN CRYPTO, THEIR NON-PROFIT OR LLC ENTITIES DO ANYWAYS.
THIS IS A POLIOTICAL POSTURING BY THE BIDEN ADMINISTRATION TO SEEM LIKE THAY ARE TAXING THE RICH, WHICH WILL GAIN SUPPORT FROM THE 99% WHO ARE NOT.
LATER, ONCE THEY HAVE THE NEW TAX LAWS THOUGH, THEY WILL GRADUALLY MOVE THE 1 MIL THRESHOLD DOWN TO CAPTURE TRADERS.
NOT ONE MILLIONARIE WILL PAY MORE TAX AS RESULTS.
WHAT IS THE SOLUTION YOU MAY ASK?
1. WORK HARDER, EARN MORE MONEY SO THE COSTS ARE WORTH SETTING UP A TRUST OR ENTITY TO LEGALLY TO OWN YOUR CRYPTO (NO DIFFERENT TO REAL ESTATE INVESTORS)
2. NEVER SELL YOUR CRYPTO AND/OR USE COLLATERAL PAY:-)
PEOPLE WHO EARN ONE MILLION DOLLARS A YEAR DON'T OWN PERSONALLY OWN CRYPTO, THEIR NON-PROFIT OR LLC ENTITIES DO ANYWAYS.
THIS IS A POLIOTICAL POSTURING BY THE BIDEN ADMINISTRATION TO SEEM LIKE THAY ARE TAXING THE RICH, WHICH WILL GAIN SUPPORT FROM THE 99% WHO ARE NOT.
LATER, ONCE THEY HAVE THE NEW TAX LAWS THOUGH, THEY WILL GRADUALLY MOVE THE 1 MIL THRESHOLD DOWN TO CAPTURE TRADERS.
NOT ONE MILLIONARIE WILL PAY MORE TAX AS RESULTS.
WHAT IS THE SOLUTION YOU MAY ASK?
1. WORK HARDER, EARN MORE MONEY SO THE COSTS ARE WORTH SETTING UP A TRUST OR ENTITY TO LEGALLY TO OWN YOUR CRYPTO (NO DIFFERENT TO REAL ESTATE INVESTORS)
2. NEVER SELL YOUR CRYPTO AND/OR USE COLLATERAL PAY:-)