AJ

🚨BREAKING: BOB VYLAN WILL BE ATTENDING COUNTER PROTEST AGAINST TOMMY ROBINSON What a mug.

@Jack_Raines 9) This offset rule specifically applies to “earned” income though right? Casual traders who claim a salary separately could offset an unlimited amount of capital gains/losses against each other if all realized?

9) Taxes on gains for any year have no limit, but loss write offs cap at $3k a year (though further losses carry forward). You owe $400k in 2021 taxes. You sell your whole portfolio to pay the bill. You record a $600k loss for 2022. You get a $3k write off for 200 years.

1) 🚨WHAT'S GOING TO HAPPEN WHEN NO ONE CAN PAY THEIR CAPITAL GAINS TAXES 🚨 As tax season quickly approaches, countless "traders" are going to have their first run in with the tax man. The problem: many of them reinvested everything and are down bad. Let's dive in.

@Social_Crypto @Jack_Raines @BarrySilbert Unless your country specifically does not tax crypto->crypto trades, then converting to stables is a taxable event and no different to converting to fiat

@Jack_Raines @BarrySilbert I’m not in the US so these particular rules don’t apply… but if you sell into stables and then reinvest do you pay tax on those trades? My plan was to calculate tax when I actually take profit into my fiat currency…

@blockware Done 👌🏻

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@wclemente @ZeroHedge_ @willywoo These discussions are akin to any institutional weekly/quarterly internals. Great job Will on encouraging productive discourse.

@ZeroHedge_ @willywoo Thanks for the insight John. The discussions were all able to have here on Twitter are great.

At some point, this open interest is going to get flushed out one direction or the other

@ZeroHedge_ Noticed that if trading the trend bars (color flips) esp on Daily, SLs can be placed at the low of the bar prior. Even on lower liquidity coins

I think it’s about time I did a streamed lesson in our Discord on stop losses and how to use/structure types of progressive stop losses efficiently. Gonna start putting it together 🤝

@CRoulettista @SBF_FTX This. Burnout + lack family/personal time (esp on Holidays) can make this a huge double edged sword that goes under the radar until it’s too late

@SBF_FTX How do you avoid teams feeling burnout with an endless to-do list and the hyper velocity of this industry?

1) Building a team

@cryptomarr @CryptoSavy1 The volume has shifted into derivative exchanges such as Bitfinex/FTX over long time frames as the futures markets have matured. Additionally volume has gone into etfs and trusts

C of B could stil go as high as 70.8 but doesn't have to

@ZeroHedge_ My man 👍🏻 Huge fan of the Alpha bundle too, it pays for itself in no time

#BTC That’s a wrap folks. We’re playing out 2017 just as I thought and have been tweeting about. And now we’re at ATH with zero overhead resistance. It does not get more bullish than this. #AllSystemsGo #BullMarket #StayTheCourse

@RonnayoPA @ThinkingBitmex Same man, we start stalling out under 70k or putting up inside bars on this daily I’m going to be sidelining myself big time

@JL20109 @ThinkingBitmex Fake out and destroy normies longing shitcoins lol. I hope up only but I’d rather be cautious here. I can wait a couple days.

There's no doubt I haven't been on my A game the past month Time to pray

@RonnayoPA @ThinkingBitmex Felt like max pain was BTC ripping up during this consolidation because so many were bidding low 50’s.. But a head fake here would be brutal

@ThinkingBitmex Could be a simple head fake on a BB squeeze to draw leverage liquidity / late longs / a deviation before the real move in the opposite direction. I agree not good R:R till that’s ruled out. Only takes a two to three days or so to confirm it is/isn’t.

@CryptoCX1 @nebraskangooner BTC showed relative strength against equities during October, albeit not in Sep. Risking being sidelined here if you’re part of the “ill buy at 53k” crowd surely

Does holding #Crypto ever make you feel overexposed and underexposed at the same time?

@InspoCrypto This could also mean: less chance of long liquidation cascade + more upcoming buy side ammo. Neutral imo

Please go on, there is nothing to see here. 😂 The market is ultra bearish it seems 🤭🤣 #BTC #ETH #XRP

@permabearXBT -DXY unable to break 94.7 -SPY at support _ bullish divergence on the day -BTC funding rates negative Why..?!

Strongly convinced this is going to dump hard between here and 50500

@GladiatorNick @CryptoKaleo True, but until funding is positive, going to be hard to markdown This move is getting faded and that could generate another big upthrust

If you don't look at the chart and see that #Bitcoin is going to rip to new all time highs sometime soon, you're blind.

@GladiatorNick @CryptoKaleo Schematic needs to be applied to >1D. Plus we just invalidated through breaking through your UTAD.

@DiedaExploring @InspoCrypto @notAgres I don’t think even 90% of us traders are prepared for a winter where our short stops get wicked out by low vol, praying this doesn’t happen ha

@InspoCrypto @JL20109 @notAgres The term "crypto winter" is a joke compared to what is coming and not many are prepared very well.

🚨Almost 6000 #BTC ($250mil) deposited in the last hour on Binance. Whales love to dump on #Binance because it has the best liquidity. I'm guessing that "cold storage" is starting to thaw out. Worth keeping an eye on with Thursday's vote on #crypto #regulations not far away 👀🚨

@notAgres @InspoCrypto 👍🏻 going to need a hell of a spring if 37k is lost to have any bullish hope. Let’s see

@InspoCrypto @JL20109 Almost 7000 BTC deposited on binance in last 1.5H from huobi. Looks like the chinese want to dump. Let's see what happens.