Alt Wizard X

@HustleBitch_ That a little beard coloring and some cheezy glasses and you too can look like a French pimp?

🚨 JOHN TRAVOLTA REAPPEARS — SOMETHING ISN’T RIGHT Eight years apart. Look at his face. What do you see?

I was thinking Europe. Flat 19% or less - Fair. NZ has a host of it's own tax burdens that offset any claimed 0% CGT. Also if you bring capital to NZ, to start a business you get a tax concessional similar to what we have here in AU until 2027. That only lasts for 4 years, after that people bail. Once again proving, higher taxes deter people from wealth creation in any country once people feel they are starting to get grifted for more of their tax money.

@altwizardx @matt_barrie New Zealand? Why are they leaving in record numbers with 0 CGT??

The CGT changes are Albo's WorkChoices moment, politically untenable. If anything we should move the other way with a flat 20% CGT to encourage investment, encourage entrepreneurs from around the world to build businesses here, and encourage capital to flow into Australia. theaustralian.com.au/business/tech-…

@AlboMP Why is it that everything you say is proven wrong? It's time for Australians to "change their position" on Albo.

Changing the tax system to help more young Australians into their first home.

Where’s the compensation for taking the risk though? Every Australian and politician should be grateful that there are people that are willing to take on the risk and contribute with a bit of tax. A discounted tax rate is fair. This shitshow is discouraging and will hurt everyone.

@Bradfield1975 And you don't pay tax on the money you spent on the asset You pay tax on the PROFIT Fuck me, you cunts are dense

Tanya Plibersek, ducking and weaving on Sunrise this morning, said Australians should pay tax on their assets including the family home! As Barnaby Joyce correctly pointed out, we’ve already paid tax on the money we earned in order to buy the assets!! Labor just don’t get it!!!

@strangerous10 @peaceitw It's not a handout. CG risk should be compensated by lower tax rates. Especially that there are countries that charge 0 CGT. Labor is a joke. I didn't work all my life being taxed as a worker to then be taxed again on trying to get ahead in life by investing.

@peaceitw If you’re so keen on giving wealthy investors a handout you can always donate directly.

For Sunrise viewers who couldn’t hear Tanya Plibersek over Nat Barr & Barnaby Joyce’s constant interruptions, what she said was “Those who work for a living should not get taxed more on their wages than ppl who are living on their assets”✅ Hard to argue with that. #auspol

@RealMattyCrypto @dr_pegger Yes, I was just saying that most people probably don't really have much to revoke but its worth a check for a peace of mind. To be ultra careful, you can also move your most valuable tokens out to another wallet temporarily.. unless its a Hex stake of course .

@altwizardx @dr_pegger True but to actually revoke you have to connect your wallet. Personally I think the risk is worth it. Technically it's just a signature and they shouldn't have the ability to drain your wallet, unless you click on a fake site.

⚡️ Crypto Security Reminder ⚡️ to all to: 🔗 Always verify URLs before connecting. Bookmark official sites.. never Google or AI and click. Verify with multiple sources. ✅ Revoke approvals after EVERY bridge/DeFi interaction. Disconnecting is NOT enough. Use (revoke.cash) 👛 Multiple wallets. Always. Never one. Hardware is a must. Use Hot wallets for interaction, Cold for holdings. Never mix. 🐢 Slow is the fastest way. Crypto can be a nasty place. Stay safe out there. 🙏

@RealMattyCrypto @dr_pegger You can actually just check your wallet at Revoke using your address without connecting. Most people don't actually have a lot to "revoke" anyway. But you can check without connecting.

@dr_pegger But do you ever wonder about connecting to revoke?

@CryptoMichNL It's because youre holding Shit altcoins mate. Seriously, your alt bag is garbage. My Alts are up.

I made a mistake in my Altcoin portfolio this week. This week we've clearly seen that there's just no conviction in the altcoin markets. They run up alongside Bitcoin, but the moment Bitcoin calms down, you'll start to see that there's a lot of downwards momentum in those altcoins. If Bitcoin corrects by 3-4%, altcoins come back down by 15-25% or even more. Earlier in the week, I've decided to sell a portion of my positions to be swapping those. I've rotated $1,000 from Renzo into Wormhole and I've added another $1,000 from the cash position into Wormhole at $0.0160. The good part of this is that I defined clearly where to be taking chips of the table. That was a good decision. However, rotating into another asset wasn't the right strategy. Rather: - The correlation is substantially high between assets. I could have added into $HYPE in order to lower my correlation of my portfolio. - If the correlations are this high + #Bitcoin has seen a strong run = more conservative approach on entries = longer in cash until 4H/1D provide a clear overstretched sigma variation in favor of buying the dip (including a low RSI level). In that scenario, before I made the decision to be selling $1,000 in REZ, this asset has already ran upwards by 150%+ from the lows. The total position size at this point: $6,400. In hindsight, I'd rather be looking at the following strategy after a multi-week upwards run on the markets: - Closing between 20-40% of the Renzo position. - Closing between 10-25% of the Optimism position after the recent run. That would have increased my cash position from $4,000 to $8,000-10,000. If I'd remain patient on the entry points, I'd be using $1,000-3,000 in the past 48 hours during those dips and improved the entire positioning of my altcoin entries. Ultimately, you might be down a lot on your portfolio, that doesn't mean that you can't trade it back towards profits through compounding the returns. For instance, improving your entry positions on $3,000 in cash, generating an additional 30-40% return on that improves the entire portfolio by 2-3% in a few weeks. At this point, given the recent correction and the CME gap, I don't think we'll see much more downwards momentum, and I'd rather conclude that we're more likely at the end of its correction (or perhaps a red Monday to start with before we go back up), so I'm not willing to sell at this point. As stated earlier, I'm sharing everything that I do on my portfolio and I'm happy to do that. I do believe that these few years are the final years where you can achieve a great return on a portfolio through trading #Altcoins, so I'd like to take that opportunity with both of my hands. What trades did you make during the week?

@AlboMP Why are you so proud of such an underwhelming, pathetic performance?

Nine months ago, these homes were still under construction. Now, 45 new social and affordable homes in Melbourne are ready for people to move into. We’re throwing everything we can at housing. 5% deposits for first home buyers. Fairer housing taxes. And more homes being built right across the country. Because everyone deserves a place to call home.

@a_nnyer @SimonCotter62 Yep, that's pretty much it

@altwizardx @SimonCotter62 Squeeze in some dog boxes!

So, the negative gearing only applies to 2nd hand houses not new builds So those budget new homes in the outer suburbs ie where first homeowner buy will now have investors competing with them 🙄🤦‍♂️ You cant make this shit up

@a_nnyer @SimonCotter62 Nope this wont count. Only if you knock the old one and build two in that spot adding to supply.

@SimonCotter62 So if I buy a crappy house that might be a starter home and knock it over and build is that a new build?

@cryptorover No one cares about this crap. Stop being a doomer

🩸WARNING: INSIDERS AGGRESSIVELY DUMPING RISK ASSETS. 0 BUYS. 917 SELLS. You already know what's next.

@cryptojack Nothing wreaks of desperation more than a side-lined pleb

🚨 $BTC funding rates are turning negative again...

@cryptorover Crash? Come on dude. Its down like 1%. Stop drinking soy.

🩸CRASH: $BTC DROPS BELOW $80,000.

@Washigorira It’s also never topped without touching the upper band, until it has. No blowoff top, no prolonged deep bear.

#Bitcoin BTC has never bottomed below the lower boundary of the Bitcoin Power Law V2.0. Even in a deeper flush below the February low, the model would suggest $42,800 as the lower bound. Not saying we get there. Current bottoming structure looks eerily similar to 2018–2019.

@ausvstheagenda We have advantages 🤡 too bad none of these advantages come even close to making up for the massive tax burden your shitty party just unleashed on these entrepreneurs.

Prime Minister Anthony Albanese wants aspiring entrepreneurs and business owners to stop making Ai memes of him taking 47% of their capital gains.

@PaulineHansonOz #1 Vote in Australia.. Lets Go!

I’m glad the coalition’s getting some better policies. I just wish they’d cite their source: One Nation!

@AlboMP Be like Trump. Keep your pre-election promises. Fight for your country, don't sell it. Your $4.80/week relief doesn't even buy a coffee these days.

We're rolling out more tax cuts for working Australians now. Plus an extra $250 off working Australians’ tax bills permanently. And our new $1,000 instant tax deduction, no receipts needed. Because we know every bit of help matters.

@amandajanewd @reignitedem Nobody is denying the people in need the care they deserve. This post is about the scammers costing the taxpayers. The usual suspects are easy to spot. This is Melbourne, Let's not even begin to talk about what is happening in Lakemba, Sydney.

@altwizardx @reignitedem I’m a disability support worker. It’s not the participants it’s the middle men scammers. You should see the cost of everything including services for NDIS participants, everything gets tripled. At least go after the right people.

Aussies: “We need to minimise immigration.” Gov: “No, we aren’t doing that.” Aussies: “Rent is too expensive.” Gov: “Good point. We’ll increase costs for landlords so they have to charge you more.” Aussies..."Electricity is too expensive" Gov..."We're committed to net zero...regardless of the cost to you!" Aussies: “I can’t keep up with the cost of living.” Gov: “Too bad. We can’t stop spending more than we’re making, so inflation will keep rising.” Aussies: “The NDIS is scamming taxpayers out of millions every year.” Gov: “Yeah, but we don’t want to offend the NDIS scammers — they might call us racist.” Aussies: “Okay fine, we gave you a chance. We’re voting @OneNationAus.” Gov: “You filthy, uneducated racist.”