.@alexfacelesslbs shares his insights on how you can farm your tax losses against capital gains. *cough* looking at you @MultiversX holders... "You can additionally declare up to $3,000 per tax year against your regular income from a capital loss. And you can carry that forward for years into the future." "I have losses that I made years ago that are still working as tax deductions today"
While many people on CT are familiar with how to spot a crypto scam, the vast majority of retail audiences aren't, and this prevents them from ever becoming serious crypto users. At Rise Up, we help educate THOUSANDS of people every day on scam awareness, onboarding the next million users in the space. And while everyone claims they want to "onboard the masses", we are actually doing it.
Kudos to @XRP for getting their own X handle, maybe they can get some real utility for their token next! "Why would I use XRP as the transference between one fiat into another fiat? It's a volatile asset. You're going to want to be something that's stable." -@CoinGuideWW on the relationship between the $XRP token and @Ripple as a company. "So the only real use case for the XRP portion of the Ripple solution is one that continuously shrinks as time's gone by. And as time has gone by, it has seriously shrunk"
This Friday @MSCI_Inc will be accouncing the results of their "non-operating company” consultation, which decides whether DATs like @Strategy stay in its global equity indexes. @jpmorgan estimated an exclusion could drive about $2.8 billion in passive selling of MSTR shares. Our crew discuss their opinions on the decision.
And now its official. The question that still remains is what's next for this supposed "pro crypto" administration?
Alex discusses one of his favorite altcoins for this cycle: @aeroxyz Currently making more revenue than Uniswap while only covering one chain, Aerodrome has been positioning itself to continue to dominate the DEX space "In a world where like a token that is fundamentally undervalued compared to its competing counterparts in the market, Aerodrome is at the top of that list for me."
Are we close to the bull market being back? @CoinGuideWW discusses how a retest and hold of around $82.5k could mark the end of the consolidation market. "The most bullish thing possible is that now that we broke past this with conviction is to come back down and maintain it as support."
Has @alexfacelesslbs found his new favorite venue to pull Pokémon cards on? @Packly_gg seems to be *pulling ahead of the pack* "It's so much easier to maintain a streak over here. Rip one pack a day or whatever for a few bucks." "You hit a big card, you can immediately trade it in for more packs. You can build the binders. It's more fun to build sets."
News flash: people outside of the CT bubble don't care about crypto at all. @alexfacelesslbs went to the RNC earlier this month and found that most people either don't know or don't care about our industry. "And that extends to people on the hill, too. A lot of them are just like, 'Okay, I'm so sick of this. Like, why are we still doing this?'" "The general prevailing sentiment was, 'Oh yeah, I've kind of heard of some of this crypto stuff. I don't really care.'"
