june-july marks the start of the BIGGEST altseason to date

[KeepCopingLads]

What’s even your starting capital?

Not much, I've invested £170 so far
Gonna try get a loan for £200

 

[KeepCopingLads]

robbed and stabbed,

I don't like the idea of my character getting robbed or stabbed
A bit too violent

 

[Foreverbrad]

Not much, I've invested £170 so far
Gonna try get a loan for £200

I would be very surprised if you can make £3000 by April with that starting capital so I wouldn’t worry about it at all tbh. I trade with £10,000 to try and get a 30% yearly return tax free on crypto and I just keep adding money in bear markets. So far this has been reliable.

As long as you don’t sell reds because of them not being deductible as I mentioned earlier.

 

[KeepCopingLads]

I would be very surprised if you can make £3000 by April with that starting capital

Wanna bet on it
(Jk I don't gamble)

 

[Foreverbrad]

Wanna bet on it
(Jk I don't gamble)

What’s your strategy? Just trying to time pump and dump of new scamcoins?

 

[KeepCopingLads]

What’s your strategy? Just trying to time pump and dump of new scamcoins?

I don't know shit at the moment, so I'm just trying to learn and hopefully in a few months I'll be fully well versed about the market and shit and strategies and technical analysis
While I'm doing that tho, I'm just investing in a few alt coins that psychodsk recommended to me

 

[Foreverbrad]

I don't know shit at the moment, so I'm just trying to learn and hopefully in a few months I'll be fully well versed about the market and shit and strategies and technical analysis
While I'm doing that tho, I'm just investing in a few alt coins that psychodsk recommended to me

Good luck, I never bothered with this kind of thing. Too good to be true.

 

[KeepCopingLads]

Good luck, I never bothered with this kind of thing. Too good to be true.

Why
What strat do you do

 

[Foreverbrad]

Why
What strat do you do

I just sell when it’s about to hit the £3k tax free limit cause I’m lazy to do a tax return. The limit used to be £12k so I was making good money back then. And of course don’t buy ATH and tbh at this point I’m probably going to be ETH/BTC only.

 

[KeepCopingLads]

I just sell when it’s about to hit the £3k tax free limit cause I’m lazy to do a tax return. The limit used to be £12k so I was making good money back then. And of course don’t buy ATH and tbh at this point I’m probably going to be ETH/BTC only.

What is your main job of earning money then
Cus 3k a year is not livable

 

[Foreverbrad]

What is your main job of earning money then
Cus 3k a year is not livable

Wageslaving, the crypto gains are just a bonus. I don’t think there is a lot of money to be made in crypto compared to say, tech stocks these days. Not saying it won’t go up, just unlikely to have insane outperformance.

 

[KeepCopingLads]

Wageslaving, the crypto gains are just a bonus. I don’t think there is a lot of money to be made in crypto compared to say, tech stocks these days. Not saying it won’t go up, just unlikely to have insane outperformance.

Bricklayer? Construction? You seem the type

 

[Foreverbrad]

Bricklayer? Construction? You seem the type

Mechanical engineer

 

[KeepCopingLads]

Mechanical engineer

Did you do a levels? Uni? Apprenticeship?

 

[Foreverbrad]

Did you do a levels? Uni? Apprenticeship?

University, I deeply regret it because I only make 50% more than minimum wage for this job. Literally any semi skilled labour would have paid more.

 

[lilxder2]

So each overall trade will have three taxable events:
1. Buy USDT with GBP
2. Sell USDT for Crypto (taxable event)
3. Sell Crypto for USDT (taxable event)
4. Sell USDT for GBP (taxable event)

And you need to work out the GBP gain/loss for each event.

there is software for this

 

[Foreverbrad]

there is software for this

Yeah you can use koinly.io but you have to pay for it