IA Live Weekly Q&A Quick-Fire Round
https://www.patreon.com/InvestAnswers
#Bitcoin #Litecoin #HUT8 #Microstrategy #Doge #BullMarket
Not Investment Advice - this is EDUTAINMENT :D
1 "Mark DeT
Short term vs long term capital gains tax.
What if timing your exits of this bull cycle doesnt align with your token/coin (purchase dates less than 1year). Is it better to hold for a lesser tax rate or sell/or other."
2 "Julie S
Hey James. I’d love to hear your thoughts of bitcoin being in a supercycle and the possibility that from this point forward a low probability of future bear markets (lower prices) given the transformative adoption/awakening that is happening globally. "
3 "Courtney M
What % of ur crypto would you feel comfortable with Celsius holding for you? "
4 "Terris D
Hello from the Bernese Oberland, James!
What is your take on George Soros wading into the BTC crypto game - especially given his dodgy history with currency trading? Is this a net positive, negative or non-event?
This, after all, is a man among several others who wants us all to ""have nothing and be happy"".
Thoughts?"
5 "Amy McV
Hello James! My question is one I have not yet heard asked or answered in my research. What happens to the US and other countries when their fiat currencies fail and BTC and other crypto takes over? How does this impact sovereignty, trade, stability of culture and government? Thank you!"
6 "HODLnaut
Hi James, can you comment on the risk and selling pressure associated with the Grayscale unlocking in mid July please? Much appreciated. "
7 "OJ
Hi James. Another one: why is there btc still available? There seem to be enough multi millionaires bullish about it, so why is it not really hard to come by? Thanks."
8 "Sue
Hi James, While I’m waiting for your class to learn options , where should I park my IRA? Keep it cash and wait, GBTC, HUT, MSTR, or TSLA? Because I’m not sure how fast I can learn. Thanks. "
9 " Zachary M.
Hi James! My question is really a big picture question. Concerning the 1M BTC that Satoshi Nakamoto has custody of. I realize that nobody knows who this is and the idea is that these coins will never be touched. I don't know if I completely believe this idea. I want to think that this is the truth, but I also wonder what would happen if he/she/they is ever to reveal themselves? What would happen to the idea of BTC, the price of BTC, the decentralized nature of BTC, etc??? I've been investing in Crypto for just over 4 years and this is still my biggest question. ZAK'"
10 "Anibal T
As a salvadorean, What business opportunities should I be looking in to? Would love to be able to be a connection for people or companies wanting to get in the country "
11 "George H
@InvestAnswers if you had 500 shares each of MSTR & TSLA would you sell it and buy LEAPS? If yes which LEAP strike? And how do you determine strike? "
12 "Jim S
Crystal ball - confluence of events including ETFs entering the market, institutional investment...likely to boost BTC price. However, is it likely that there may be action to drive the price down, and they move in to buy at a lower cost, then driving the price up?"
13 "Team UK - 2030
Hi James thank you in advance that you’ll be dedicating some of Q&A to the UK problem with some banks stopping crypto investments.
What’s your thoughts on ‘worst case scenario’ for people like me that have already invested for long term ?
Could the UK Government tell me to remove my investments or risk losing it all?
If the UK keep going down this road will other European countries follow?
How would this worst case scenario effect Crypto in general at losing all these investors?"
14 "Arley G
What kind of indication/indicators from the bitcoin chart would convince you we are in a bear market?"
15 "Sandy R
Hi there James. Can you explain the purpose of buying stable coins? I don’t understand why I would buy them rather than just leaving cash in my account to buy BTC, ETH, etc "
16 "Peter S
What's the best hedge against a crypto winter within the crypto space?
Stablecoins with a yield"
17 "Ron Hi James, your opinion about the current stock market situation would be interesting. Wait or Buy? What’s on your watchlist? Thx"
18 "ryan
Hi James, out of interest do you think instead of litecoin being the silver to Bitcoin, it will instead be doge. Doge is already hugely popular and supported by big names. Also since it functions the same as bitcoin people understand it. All the best, amazing content and a pleasant weekend. "
19 "donymo
How exactly do we extract income from our Bitcoin? Let's say it's 2030, we want to retire and we own $3M worth of Bitcoin...should we sell off enough to live on and hope it lasts? Borrow against it? A combination of both?"
20 "Jack Black
Hi James, my question: I know that you are Cathie Wood fan and agree (most of the time) with her logic, decisions and funds’ management. Do you invest outright in ARK ETF’s? If not, what is the reasoning behind? advice to europeans