@@miroslawzalewski4715 Find ppl, communities and businesses that accept BTC and use it just like you would use fiats. Edit: Convert some to fiats when or if necessary.
🤣 Michael Saylor is an intelligent businessman, would he have sold his bitcoin at 69K last bull top and purchase almost 4X the amount of bitcoin at 15 K? Only a fool would say no to that. Would he retain some of his bitcoin on his balance sheet And utilize a portion to exercise this strategy? Of course.
@@KotoriOnWheels Saylor and many of these Talking Heads, say Hottle forever… Don’t think for a minute they do not sell at the top and reinvest in the bear market and multiply their bitcoin holding! People should be thankful. Toby and Heidi are straight with them. Saylor need someone to continue buying at the top of a bowl so he can sell I suppose! 😂 so he has all these diehard Hodler’s doing just that for him
I agree central exchanges are risky BUT dex are risky to ! High gas fee plus crashes. Last night I was blocked and frozen out of all trades on phantom wallet .
I’m not selling my crypto to many indicators that this time is different and selling would be a bad idea even if we have another bear market the price would be higher then it is now
Hey Heidi, do you still offer the discount on the yearly subscription? I remember you had one awhile back but I wasn't ready to join but now I'm ready!
Exactly. Imagine telling your viewers to sell BTC... These channel is about freedom and they renounced US citizenship, while at the same time pushing for ETH which is OSHA compliant, lol !!!
It is, but more bitcoin is good, so you can look at swing trades and temporarily "exiting" the crypto space, to re-enter during the last phases of the bear in order to secure more bitcoin profit from our rubbish fiat currency. Given the market top to bottom is about a year and then recovery to the new top is about 3 years (apart from this current rally), then done right, the true exit is to bitcoin.
Amazing how many people miss this strategy that has worked since Bitcoin began. Heidi has been through four market swings now and yet you have these arrogant people. Insisting she HODL all the way to the bottom of the next bear market. It Simply amazes me!
@@rhk3482 when Bitcoin goes to the moon and the value in these ETF funds goes from 5% of a portfolio to 20%, I hope you are ready for these hedge funds to rebalance the portfolios! 😂 If you think Bitcoin is going to the Moon on a straight shot, you must be new to Bitcoin. A lot has changed even over the last four years in regard to who is buying and who is selling and when and why. You better come up to speed or you will be left behind.
Cashout on my altcoins position. Convert 90% to stable, then convert 70% stable to BTC (bear market) and 30% stable to ADA (bear market) and cashout the remaining 10% to fiat.
@@Greencollarguy I outlined it above. ...though if I was going to add anything to it, I'd recommend taking physical possession of your Bitcoin, and don't leave it on the exchange. "Not your keys, not your cheese" after all.
I'm still looking to buy more alts for about 6 months. I'm still expecting something major bad macro this year crashing everything. I'll always keep some bitcoin but I'm selling everything else this bull run.
If you are planning on pulling profits but want to reinvest during a dip, it seems like it would be better to cash out into fiat rather than a stable coin and then back into whatever coin you want to buy. More taxable events, no?
How about being more specific about fees & tax, explain how they are calculated, set & at what point they are implemented. If I move off the trading exchange with crypto to a wallet be it theirs or my own do I pay a transaction fee to the exchange and become liable for tax simultaneously. Also if the crypto comes down and I want to buy more using my wallet can it be done using my wallet or do I have to change to Fiat first ?
You want me to cover fees and tax and how they are calculated for every country? in one video? You'd be better off contacting a tax pro in your area to get professional advice and strategies that are specific to what you need. Sending coins to an exchange is not a taxable event, you aren't selling anything, just moving where you store the keys for the coins. The transaction you pay is to the blockchain network. Most governments are clueless as to how they are taxing crypto trades, I highly doubt they've even considered transaction fees as a taxable event as well. Again, a question for a tax pro in your area, but I wouldn't expect any clarity there. If you want to buy more crypto, you'll need to purchase it using something, either fiat or other crypto.
I've made thousands of trades the last few years, even before tax implications was a thing. It would cost me thousands for someone to sift through it and make sense of it all (never mind crypto lost on exchanges that went belly up) I'll take my chances cashing out. At the end of the day I'm a small fish compared to some
I'm not a CT member ....yet. But I have some newbie, random questions. We all know that the value of the fiat US dollar is going down i.e. (printing, inflation, US debt, etc) And I see BTC and all my coins valued in USD. How and why is this??? Aside from all the reasons why BTC itself is appreciating in value, measured by the USD, Doesn't the fact that the USD is losing value play any role in the BTC price rising??? And if this is the case, is the BTC value that big of a deal? I mean in my fantasy world, I'd rather trade my BTC back to fiat when the buying power of the USD was about 11 times more than it is today. That was 1951 BTW. I mean, it seems kind of stupid that anyone would want to go back to fiat to do anything. Help me understand.
Most people price btc in terms of USD because it's the world reserve currency. We know that $1=$1 and 1BTC=1BTC. We only notice differences in their tradable value when we try to purchase goods/services with it. Also, most people sell their crypto for fiat because they have to in order to purchase what they want to purchase. Times are changing drastically now with businesses accepting BTC as payment and countries like El Salvador and potentially Argentina now declaring BTC as legal tender. This means you can pay for things there with BTC, effectively removing yourself from the fiat world altogether.
Web3 is basically blockchain internet. A web3 wallet is a digital wallet hosted by decentralised apps (or rather it IS a decentralised app) that allows you to interact with the web3/blockchain economy. So for example, if you want to use a defi exchange, which is web 3, then you need a web3 wallet such as Metamask to connect to it.
another tip when cashing out is to transfer from hardware wallet to CEX one piece at a time and wait until you are actually holding the physical currency because you never know when the CEX or the gov't is going to accuse you of money laundering and hold/seize your money for "security" reasons. Better they only steal a fraction of your money than all
thought someone was gonna fially have an actual technique or suggestion to know when to take any profit not how to go back and forth which has shocking fees
You buy crypto because fiat is worthless currency but go back to fiat if you can get a larger amount of worthless currency,it doesn't really make sense
Only if you want to pay you could point blank refuse to comply and use lawful Rebellion as the government don't have any ownership or intrest rights to your property under common law witch is the highest law of the land people have rights you just need to learn how to use them correctly and stand as a natural man/woman not a person that has to pay tax A taxpayer is an entity that is organised and incorporated under the statutes of the legislater A resident is a person domiciled inside of the political subdivision and performing services in that political subdivision is That you because it sure isn't me this is why you don't need to pay them anything as it a scam
for the countries that tax actual crypto to crypto transactions.... why wouldnt I create a token contract, mint myself 1 trillion of them, take a single token, pair to 1$ of USDC , then burn them all for a 1 trillion tax writeoff? something needs to change. we should ALL do this. subsequently you can give yourself a tax obligation thats more than the country's GDP this way. i bet that would make the news and get things changed.
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She is like BTC, a keeper. 😊
and a good primer for crypto, BTC, stable coin and fiat strategies!
Great advice Heidi. Don't keep all your eggs in one basket when it comes to CEX or DEX usage. Have a DCA in and out plan on different platforms. 🎉
In Argentina, you just go into an office and send your coins to them, and they give you cash or deposit the money where you need. Viva la libertad.
Never sell your BITCOIN.
Then what?
agree
@@miroslawzalewski4715 Find ppl, communities and businesses that accept BTC and use it just like you would use fiats. Edit: Convert some to fiats when or if necessary.
So what was the advice? Don’t sell all at once? Sure.
And then you die. What is the point od having $22 million worth Bitcoin then.
I'll be going to stables and sending my funds to central exchanges as needed.
DO NOT SELL YOUR BITCOIN! LOL!
Michael Saylor wasn't kidding around buster 🧐
🤣 Michael Saylor is an intelligent businessman, would he have sold his bitcoin at 69K last bull top and purchase almost 4X the amount of bitcoin at 15 K? Only a fool would say no to that. Would he retain some of his bitcoin on his balance sheet And utilize a portion to exercise this strategy? Of course.
@@mokeyandabandit There isn't enough bitcoin left to assume you'll be able to buy any of it back at any price.
Saylor says to borrow against it. But how does one pay the loan back if they don't sell some?
@@KotoriOnWheels Saylor and many of these Talking Heads, say Hottle forever… Don’t think for a minute they do not sell at the top and reinvest in the bear market and multiply their bitcoin holding! People should be thankful. Toby and Heidi are straight with them. Saylor need someone to continue buying at the top of a bowl so he can sell I suppose! 😂 so he has all these diehard Hodler’s doing just that for him
Thank you Heidi! What specific exchanges will you use to covert to stables, and where will you hold your stables to redeploy in the next bear?
DEXs and my hardware wallets.
Have you tried OTC trading? If so, how is the experience during the dump period?
I agree central exchanges are risky BUT dex are risky to ! High gas fee plus crashes. Last night I was blocked and frozen out of all trades on phantom wallet .
i've been sending USDC on polygon instead of eth lately, sooo muchhh less feesss !!
Interesting are you limited in any coins or actions?
I’m not selling my crypto to many indicators that this time is different and selling would be a bad idea even if we have another bear market the price would be higher then it is now
Agree 💯
I think your on to something! 😉
Hey Heidi, do you still offer the discount on the yearly subscription? I remember you had one awhile back but I wasn't ready to join but now I'm ready!
Awesome advice, TY!! I'm definitely looking at taking some profits from 2.5 years DCA . To the moon!! 🚀
Exit stretegy? Bitcoin is the exit strategy
it usually drops 80% so maybe you want some cash at some point just in case.
Exactly. Imagine telling your viewers to sell BTC... These channel is about freedom and they renounced US citizenship, while at the same time pushing for ETH which is OSHA compliant, lol !!!
Have a plan, use a rake plan. Plan forward, be sure everything works in advance, update wallet, exchange accounts, etc..
Cheers Heidi 💪✨🙏
Thank you Heidi, as always, good advice
What asset do you suggest selling BTC into, to lock in profits.. ? or would you just keep Bitcoin as the best asset to have?
Great info and insight Heidi! 🙂
You made a video on how to buy fiat? Did pigs fly?
Exit strategy? Exit from fhere to where? Only secure profit is get more bitcoin. Exit from fiat to bitcoin is the way.
It is, but more bitcoin is good, so you can look at swing trades and temporarily "exiting" the crypto space, to re-enter during the last phases of the bear in order to secure more bitcoin profit from our rubbish fiat currency. Given the market top to bottom is about a year and then recovery to the new top is about 3 years (apart from this current rally), then done right, the true exit is to bitcoin.
Amazing how many people miss this strategy that has worked since Bitcoin began. Heidi has been through four market swings now and yet you have these arrogant people. Insisting she HODL all the way to the bottom of the next bear market. It Simply amazes me!
@@mokeyandabandit Good luck playing this strategy with an armada of ETF's hoovering everything available.
you then going to pay your power bill or phone bill with Bitcoin ?
@@rhk3482 when Bitcoin goes to the moon and the value in these ETF funds goes from 5% of a portfolio to 20%, I hope you are ready for these hedge funds to rebalance the portfolios! 😂 If you think Bitcoin is going to the Moon on a straight shot, you must be new to Bitcoin. A lot has changed even over the last four years in regard to who is buying and who is selling and when and why. You better come up to speed or you will be left behind.
National Milady Meme Coin Day tomorrow is gooiiin downnn
Thank You Heidi and Tobi... this is a very relevant topic and hope to see more info on taking profits along the way 🤟
Cashout on my altcoins position. Convert 90% to stable, then convert 70% stable to BTC (bear market) and 30% stable to ADA (bear market) and cashout the remaining 10% to fiat.
Why ADA?
@@mmuekk Their tech fundamentals is solid. They are doing things the right way. They don't rush things and no ponzinomics.
You lost me at Ada ..... their ecosystem is basically nothing.
My "crypto exit strategy" is don't buy crypto, buy Bitcoin. Don't sell the Bitcoin. I have a fiat exit strategy.
What's your Fiat exit plan? I just need some cash to eat with! Worried about kraken a bit
@@Greencollarguy I outlined it above. ...though if I was going to add anything to it, I'd recommend taking physical possession of your Bitcoin, and don't leave it on the exchange. "Not your keys, not your cheese" after all.
I'll be using Caleb & Brown when the time comes to cashout or hold 🤑
I'm still looking to buy more alts for about 6 months. I'm still expecting something major bad macro this year crashing everything. I'll always keep some bitcoin but I'm selling everything else this bull run.
Did you sell yet??
If you are planning on pulling profits but want to reinvest during a dip, it seems like it would be better to cash out into fiat rather than a stable coin and then back into whatever coin you want to buy. More taxable events, no?
Very exciting times! 🙌😁
Pulsechain will probably see crazy trading when ETH fees get ridiculous. Many wrapped ETH tokens with liquidity there.
I thought fiat was exiting to crypto
Does anyone know of Binance in U.K.- are you taxed also if you’re only swapping btc to alts or back
Great question did you figure it out?
whats your opinion this thin air - Injective ?
They hold it and their portfolio shows a high percentage of it
It's our biggest alt coin holding at just under 5% of our portfolio. It's performed quite well since we first bought in the summer of 2023.
@@CryptoTips Thanks
I really like you guys. We need more specifics though.
How about being more specific about fees & tax, explain how they are calculated, set & at what point they are implemented. If I move off the trading exchange with crypto to a wallet be it theirs or my own do I pay a transaction fee to the exchange and become liable for tax simultaneously. Also if the crypto comes down and I want to buy more using my wallet can it be done using my wallet or do I have to change to Fiat first ?
You want me to cover fees and tax and how they are calculated for every country? in one video? You'd be better off contacting a tax pro in your area to get professional advice and strategies that are specific to what you need.
Sending coins to an exchange is not a taxable event, you aren't selling anything, just moving where you store the keys for the coins.
The transaction you pay is to the blockchain network. Most governments are clueless as to how they are taxing crypto trades, I highly doubt they've even considered transaction fees as a taxable event as well. Again, a question for a tax pro in your area, but I wouldn't expect any clarity there.
If you want to buy more crypto, you'll need to purchase it using something, either fiat or other crypto.
I just paid off 2 credit cards. FYI(especially in the land of free dome): cash out for gift cards might be a good option.
Nice thru what platform?
I've made thousands of trades the last few years, even before tax implications was a thing. It would cost me thousands for someone to sift through it and make sense of it all (never mind crypto lost on exchanges that went belly up) I'll take my chances cashing out. At the end of the day I'm a small fish compared to some
Thank you so much. I´ve been waiting for more details on exciting wisely.
Try cashing out your crypto through your bank if you live in the Uk
Good bloody luck !!
Thank you so much for the information!!
How about swap your altcoin gains in mid 2025 for Bitcoin.
Thanks Heidi
6 months from now ethereum transaction fees are going to be greatly reduced due to the upgrade
Hopefully
My strategy is to take profit in stablecoins (USDC or Tether) and just keep them in my wallet so I can that proft to dca in btc
Great Idea. I love DCA out!
Sell your shitcoins for another shitcoin like USD, or swap shitcoins for BTC. Other than that, never sell BTC.
I'm not a CT member ....yet. But I have some newbie, random questions. We all know that the value of the fiat US dollar is going down i.e. (printing, inflation, US debt, etc) And I see BTC and all my coins valued in USD. How and why is this??? Aside from all the reasons why BTC itself is appreciating in value, measured by the USD, Doesn't the fact that the USD is losing value play any role in the BTC price rising??? And if this is the case, is the BTC value that big of a deal? I mean in my fantasy world, I'd rather trade my BTC back to fiat when the buying power of the USD was about 11 times more than it is today. That was 1951 BTW. I mean, it seems kind of stupid that anyone would want to go back to fiat to do anything. Help me understand.
Most people price btc in terms of USD because it's the world reserve currency. We know that $1=$1 and 1BTC=1BTC. We only notice differences in their tradable value when we try to purchase goods/services with it.
Also, most people sell their crypto for fiat because they have to in order to purchase what they want to purchase. Times are changing drastically now with businesses accepting BTC as payment and countries like El Salvador and potentially Argentina now declaring BTC as legal tender. This means you can pay for things there with BTC, effectively removing yourself from the fiat world altogether.
Great advice - thanks H 🌻👍👏
Can't wait to see you guys buying back higher.
I've sold about $4k worth of BTC and ETH, so I'll probably be doing this too! ☺ Regret it, but can't help it; I've seen too many dips after rallies.
Can you also do a video
and explain- what’s a Web3 wallet? Thanks again 🙏
Web3 is basically blockchain internet. A web3 wallet is a digital wallet hosted by decentralised apps (or rather it IS a decentralised app) that allows you to interact with the web3/blockchain economy. So for example, if you want to use a defi exchange, which is web 3, then you need a web3 wallet such as Metamask to connect to it.
I’ll sell when I retire In 10 years 😊
This is my issue in aus. so i sell once, pay tax. move on. i never swap
Is this Ai Heidi? Nice glow
If you buy as a German in Germany, but on f.ex Binance exchange. But exit in fiat trough a Bitcoin ATM in Asia... How to pay taxes, and to who ?
another tip when cashing out is to transfer from hardware wallet to CEX one piece at a time and wait until you are actually holding the physical currency because you never know when the CEX or the gov't is going to accuse you of money laundering and hold/seize your money for "security" reasons. Better they only steal a fraction of your money than all
What if they freeze it. Will you sell the rest on other exchanges?
@@sylvester1337 why do you want to know my crypto cash out plans..... are or have you ever been an agent of the state or paid informant?
Lol seriously "one piece at a time"!? 😆That take a long time, more chances things can go wrong too. Has to be a better way?
Im definitely securing my profits.
Im buying mire bitcoin before usd crashes even further.
Ok maybe thats more cutting my losses.
Which Countries have FIAT-ONLY Tax events?
Great video! Thank you pretty Heidi 😍
People want to know how to cash out decentralized ways. Those ways are available
Love your work
Thank you!
To get Fiat is difficult, I have some btc but for sure bank 🏦 will make problems
US government is totally ok with taxing your crypto gains, but they can't give clear regulations to Coinbase and other exchanges 😂😂😂
That’s why y’all should stick with the Bitcoin ETFs.
People, sell your Bitcoin at ATH. And buyback when the bear is here.
don't sell your BTC....
Only if peer to peer was a payment was common
One minor disagreement is that I think you do want to be selling when fees are the highest, not before.
Never sell. Goto Pulsechain swap you coin for PLS and borrow against it via Liquid Loans. NO INTEREST, NOT TIME LIMIT TO PAY BACK.
My strategy is not to exit until BTC is legal tender.
Cheers Heidi:)
Great video thank you 👍🏻
Glad you enjoyed it
Such great info thank you as always!
What exit? My shitcoins are still down 80% 🤣
Hold on. Very good chance they will rise.
Especially in the immediate weeks after BTC peaks.
Just dca out 1 or 2% a week.
Pay yourself!
thought someone was gonna fially have an actual technique or suggestion to know when to take any profit not how to go back and forth which has shocking fees
You buy crypto because fiat is worthless currency but go back to fiat if you can get a larger amount of worthless currency,it doesn't really make sense
Is it weird that Heidi's shirt is just green candles?
Thanks for the video
It was pretty useful 🎉🎉❤❤
Skyrocketing tX fees? LOL what's that?!
Cardano will be like Noahs ark.
Your bitcoin is for your descendants and not for sale.
@@FuAzzi beanie baby coin moons soon!!!
I just learned that I have to pay capital gains tax for cashing out my crypto 😔
Only if you want to pay you could point blank refuse to comply and use lawful Rebellion as the government don't have any ownership or intrest rights to your property under common law witch is the highest law of the land people have rights you just need to learn how to use them correctly and stand as a natural man/woman not a person that has to pay tax
A taxpayer is an entity that is organised and incorporated under the statutes of the legislater
A resident is a person domiciled inside of the political subdivision and performing services in that political subdivision is That you because it sure isn't me this is why you don't need to pay them anything as it a scam
@@neilbevan6480 but jail sucks tho.
dollar euro??? we have swiss francs, best of the best
Strategy? HODL
Agreed never take profits and then you never have to pay taxes
@@GarysGuzzler Then borrow against it and you don't pay taxes either!!
@@bobsmithers 💯 been doing that for a few years now
for the countries that tax actual crypto to crypto transactions.... why wouldnt I create a token contract, mint myself 1 trillion of them, take a single token, pair to 1$ of USDC , then burn them all for a 1 trillion tax writeoff? something needs to change. we should ALL do this. subsequently you can give yourself a tax obligation thats more than the country's GDP this way. i bet that would make the news and get things changed.
?!?
Great idea!!!
What are your thoughts about XRP? Do you guys ever talk about it? Thanks!
Not much happening with XRP, it seems.
@@FuAzzionly talk. Nothing happens in development and the team has been dumping on the community for years. Not a coin for the future.
Chakos flow
In transferring everything into Dogecoin and buy some Ferraris Lock the Ferraris away for ten years and sell for double. $$$ 😂
Doubling in 10 years is only about an average 7% average yearly return. There are much better investments
Who cares.... I HODL....
fees fees fees
@1:50 F that, I don't get how that can be legal or acceptable anywhere.
Yep: Welcome to the CommonUnWealth of Australia, NZ, Canada, UK, Fiji etc.
You are a beautiful woman Heidi.
Bitcoin can top $150,000 in the next 12-18 months, says Fundstrat's Tom Lee
500k
250 to 450k likely
Sell your Bitcoin. But $detf or any other good low cap token and thanks me later
That’s why y’all should stick with the Bitcoin ETFs.
your shirt is unbuttoned
Intelligently, $DETF is building & innovating. now coming up with a blast MVP platform to brighten the future of the new generational traders. Launching this month