/biz/ - Business & Finance

>>58449953
Taxes

>>58449956
roth ira/tfsa

for crypto use etfs

>>58449953
>Miss extra gains after the 1-2% pump
>Buy just before a drop and this process takes years to complete
>Randomly guessing entrance time for the next iteration
Even ignoring taxes you're likely be end up worse off than buying and holding something that you're bullish on.

>>58449953
>sell after 1-2% gain
that's pajeet tier
a study was made and found out that jeets can't stomach any volatility and sell at the slight changes in price
which makes them lose money 90% of the time

>>58449953
Volatility and inflation, I'd rather hold my truf till I made it or kms

>buy
>goes down
>goes down
>goes down
>goes down
>goes down
>...

>>58449953
the trading fees will erase all of that.
>fees when selling
>fees when buying back

>>58449956
tax free

>>58450115
fee free too

>>58450152
nothing on this planet is fee free

>>58450158
some things are free if you're VIP enough

>>58450163
>anti-zionism is anti-semitism
and both are a good thing

>>58450115
>0.01%
>0.01%
>net -0.02%
>of 2%.
still works? average traderbro cannot take a calculation?

>tell me how this doesn't work?
IT DOES WORK.
>Taxes
lucky me not being from "umericah" and having to pay zero taxes to my "guverment" suits alone cant understand the potential and power of $super games. that's sauron level power you got there.

>>58450238
>sauron mentioned
literally me

>>58450104
>goes down
>hodl.
>goes down
>hodl
>sell
>goes inmediatly up x500 of what you originally bought

>>58449953
rugs, indians, jews, isreal niggers.
many such cases.

>>58450163
>you have the power to start movements out of just a single meme
and they don't want you to know.

>>58450275
Too expensive to be fucking around trying to make it to a viral tweet that won't even be yours. Rather spend it on some kfc and 3 musketeers.

>>58449956
taxes are for faggots just make a south korean friend.

>>58449953
that's one heckin cute pupperino

>>58449961
>tfsa
>https://www.theglobeandmail.com/business/article-day-trading-tfsa-income-taxable/
>Justice David Spiro of the Tax Court of Canada ruled that the investor was carrying on a business inside his TFSA, which had swelled from $15,000 to more than $617,000 over a three-year period. The amount of tax owed and whether interest will be added were not disclosed. The investor is appealing the decision.

>>58449953
It doesn't work like that little fella; you might buy it, then it dumps 30%. Kekk, just buy and hold for the long term like I did with QAN. Now I am over 6x up.

>>58449953
it does
>MUH TAXES
only applies to gains. you figured out how hedge funds work.

>>58449953
this could work if you had all the time in the world and bought only BTC. But if you buy something like SUPER and earn 1% every day, in a year you would barely make $300 and that's a bit pathetic if you ask me.

>>58450817
hes a fucking swing trader, he doesnt understand that stuff