1. Check out the team here!!!: www.patreon.com/eddiemoon 2. Get $25 when you sign up with this link!: crypto.com/app/529p7bqas2 Referral code: 529p7bqas2 3. Crypto.com playlist: bit.ly/3vJpfJU
I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I'm confused about the current market volatility, I'm a newbie and I'm open to ideas.
*You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires..*
I've been making a lot of losses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do?.
Wow. I'm a bit perplexed seeing her being mentioned here also. I didn't know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been amazing.
This was a breath of fresh air lol I searched through countless videos trying to find someone to explain this step by step as easy as possible. I think you are pretty good at teaching... smooth and clear.....thank you
You re motivating me so much, no one of my friends are interested in my goals. I just turned 18 and i havent truely spoken my parents in years. Then we have you, a true good guy. We need more people like you!
You can also stake smaller lumps sums each week, for 13 weeks as your interest is paid out, this creates a 3 month loop to compound the gained interest 😉
I'm late to the party here Eddie Moon , As far as fees? I didn't see you show if there are any deposit or withdraw fees. Lets say I deposit 10K, i go through the process and get my interest, when I withdraw back to my bank account is there a fee? I assume if you buy certain coins there are transaction fees but if I just want to pull the interest out, are there fees for that as well?
The wisest thing that should be on everyone mind currently should be to invest in different stream of income that doesn't depend on the govt especially with the current economic crisis around the world.
I realized that the secret to making a million is making better investment. I always tell myself you don't need that new Car or that vacation just yet and that mindset helps me make more money invest:ng. For example last year I invested 70k in blue chip stocks and crypt0 s (with the help of my advisor of course) and made about 380k, but guess what? I put it back and traded with her again and now I'm rounding up close to a million. Delayed gratification always pays off
I have a question it might sound stupid but I am new to all of this.. If you're paid in USDC every week with the interest, can you re invest this newly acquired USDC into a new 3months term ?
I want the 12 percent but I don’t have 5k to lock with cro for 6 months. What solutions you have for people with only 500 to spend. Should I invest in a bunch of med tier coin. Or go with the main coins everyone knows
If I understood correctly, we have to change our usdt to busd? so we receive dollars in our bank account? I am in switzerland is on binance we can not withdraw in euro nor in chf suddenly it is necessary to do by swift in usd? I await your response thank you verymuch man ❤ please help me
IF YOU FEEL LIKE YOU ARE LOOSING EVERYTHING REMEMBER THAT TREES LOOSE THEIR LEAVES EVERY YEAR AND THEY STILL STAND TALL WAITING FOR BETTER DAYS TO COME BIGGER THANKS.
Great video! I think the way to go for long term holds and stablecoins is to stake your large bag every 3 months. Then you stake medium bags such as if you DCA into something for 1 month at a time while you're waiting on your large bag to unlock again. Then you can take interest from both (especially when you get close to your 3 month unlock date) and throw it in a small flexible bag, ready to reinvest and repeat the cycle again for the next 3 months.
"I'm broke. I need to make money." "NO problem, just buy a hundred thousand dollars worth of blue chip stocks, sit back and watch the dividends roll in." "Um. Im broke, remember?"
This is just like locking money into a CD earning interest for a specific time. If you are worried about locking up all your money, but still want to maximize your passive interest income, you could use a CD ladder strategy. Say you have 12K available, first month you lock up 4K for 3 months, second month you lock up another 4K for 3 months, third month you lock up the last 4K for 3 months. Starting the 4th month, you will always have full access to 1/3 of your 12K in case of emergency. But if you keep the rolling 4K lock up going each month for a year, you will still earn the full 12% interest on the entire 12K.
@@thelegacyofgaming2928 In fact no, since the benfits are paid weekly, i reinvest it every week so with the compounded interest, it becomes exponantial and it increases the apy fastly than every 3 months.
If I decide to lock the USDC for 3 months (12% APY) what happens at the end of this period? Can I repeat the process and lock them 4 times so I get 12% for the annum?
FUTURE IS HIDDEN IN YOUR DAILY ROUTINE. SUCCESSFUL PEOPLE DO DAILY WHAT THE UNSUCCESSFUL DO ONLY ON OCCASIONALLY.. which is investing persistently a little to get more WHOEVER THAT'S READING THIS , I PRAY THAT ONE DAY YOU WILL REACH YOUR DREAMS.
Everyone knows cryptocurrency is not a gamble majorly for the extremely rich.. It's an invest'ment to compete with the rich and the government. Everyone can do it no restrictions.
A question that I have not been able to find the answer to is can you lose the money you put into the earn account? So if you put in the $500 is there a chance that if the USDC crashes for some reason that you could lose the money you put into it or do you only lose out on the interest part? I think you sort of answered it in this video, but I would like a clear answer before I put too much money into an earn account. Thank you!
If you transfer it back to your bank THAT BECOMES A TAXABLE EVENT! If your bank reports (and they are now REQUIRED to) it; you must report a match on your tax return. Never go back to fiat and you can NEVER be taxed! So long as the IRS doesn't agree to accept BTC as payment. Stay out of their lane and you can't be 'hit' with a tax.
Strongnode can actually have a major impact on the development of the IOT industry, and the more IOT industry gets developed, the more we can anticipate a futuristic world on our way! Maybe you can even make a video on it.
That's what I wonder, before I get into this, I want to know how liquid it is. I heard mixed stories about service charges for getting your money out. The fees seem to be high and now your 12% is down to 8%. I think I will stick to covered calls for passive income
Eddie, I have around 20k I would like to deposit to earn money. My question is if there is a chance to lose my capital or is secure? Im looking long term investing and reinvest the earning. Like compound investment. Thanks for info and advice. Sal
The numbers on that high interest online savings account is wrong. 14% is written as 0.14%....correct, but they have a half of a percent written as 0.50%....incorrect, that's 50%
If we stake Eth for example, do we get the rewards in Eth and able to add that to our visa card? If so, how are we able to use the visa card that has Eth at the stores or restaurants?
First, The smart question is : is this earning or income taxable or not? Secondly, I found trading or buying coin on this platform is consider expensive comparing with other platform.
Yes. That was the same question I have asked. This is the only platform I use but it's expensive. Every transaction I pay an expensive fee. What are platform would you recommend?
Question, once you purchase USDC and then after your 3 mth staking you "cashout" with your initial investment plus what you earned doesn't that then count as a capital gains event?? That's been my #1 concern. If I use this feature as a "savings account" but then have to take money out will I then owe capital gains on any profit??
yup its a taxable event. staking rewards = taxed as ordinary income; if you staked a coin not backed by fiat and the price increased from when you first staked it = taxed as capital gains
is there a limit on how much you can put in a term, lets say if you wanted to put 250k, 500k or a million in the account? is there any websites that dont require stake in cro or other coins?
Hey Eddie got a question. After the contract term is finished, do we continue to earn interest for the rest of the year or do the earnings stop when the lockup term is completed? I can't tell if that P.A. interest persists for the whole year not. Thanks.
If you take your money out after 3 months then you will receive 3 months interest Example You stake $100 at a 12% per annum interest rate, so after a full year you would have $112 If you take your USDC out after 3 months, then you would get a quarter of $12 since 3 months is a quarter of 12 months, so you would receive $3
Think of it like a lease. Once the lease is up you have to reup/renew. So if you bought a 3 month term, after the 3 months is up the term expires and all contractual obligations are fulfilled. The funds are released (including interest generated). You will have to reup to keep getting the per annum for the full effect of the 12%. Like if you had $10K in the bank at 12% per annum but you withdrew at 3 months. You're not getting that 12%. You're getting 1/4 of that 12% as you withdrew at 3 months. In order to get the benefit of the full 12% you'd have to keep it in there for the full term (12 months (per annum)).
Matthew, i’ve asked Eddie several questions. Unfortunately he’s one of those RUclipsrs who create content & answers none of his followers. There are others who do show respect though.
It's only taxed when you withdraw to bank. I'd recommend waiting until Jan 1st of a new year to start withdrawing, and in the meantime keep restaking. :)
Thanks Eddie, USDC is on the ERC20 blockchain as you said. How much Eth do you need for transactions? I try to avoid the Eth ERC20 protocol because of high gas fees. Your thoughts.
THE WAY YOU WANT TO HELP THE STUDENTS IS SHOWING BY THE WAY YOU’RE SPEAKING....WHICH ALSO BOOSTS US TO DO MORE... THANK YOU FOR IT #Eyeonsight YOU’RE THE BEST EVER
1. Check out the team here!!!: www.patreon.com/eddiemoon
2. Get $25 when you sign up with this link!: crypto.com/app/529p7bqas2
Referral code: 529p7bqas2
3. Crypto.com playlist: bit.ly/3vJpfJU
whats cro stake about ?
I'm in Malaysia...is it ok to register?
Ok cool with 12% apy but we pay 30% tax on that 12%? Is it 30% for all or depends on your income bracket, right?
@@lj4001 here in the UK you also have to declare staking as income and it is taxed the same, but you don't have to declare the first £1000
your referal code is not working
I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I'm confused about the current market volatility, I'm a newbie and I'm open to ideas.
Investing in stocks is a good idea, a good trading system would puts you through many days of success
*You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires..*
@marktaylor8839Can you recommend a guide for me?
Check out Victoria k Walter
@aprilaustin4103I have been seeing so many recommendations about VICTORIA K
WALTER she must be really good
@@natina1957That's correct, I met her at a conference in Singapore... she's incredibly smart.
who is this Victoria K Walter
I've been making a lot of losses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do?.
I will advice you should stop trading on your own if you keep losing.
If you can, then get a professional to trade for you I think that way your assets are more secure.
I'd recommend Scarlett Hansley, her profit is great even when there's a dip
Wow. I'm a bit perplexed seeing her being mentioned here also. I didn't know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been amazing.
You don't need to be shocked haha because I'm also a huge beneficiary of her
This was a breath of fresh air lol I searched through countless videos trying to find someone to explain this step by step as easy as possible. I think you are pretty good at teaching... smooth and clear.....thank you
You re motivating me so much, no one of my friends are interested in my goals. I just turned 18 and i havent truely spoken my parents in years. Then we have you, a true good guy. We need more people like you!
Congratulations. You are investing in your future. I look forward to your success. Best advice, love the haters. More fuel for success 🙌 💪
a give you a tip: watch Mark Tilbury!
Get yr advice from Gary V.
Call your mom
I'm done sitting tight for the award advance since i
Invest now when you still have the chance. Bitcoins is the future
You can also stake smaller lumps sums each week, for 13 weeks as your interest is paid out, this creates a 3 month loop to compound the gained interest 😉
can you explain this a bit more?
@@cmichole basically add money to it each week so the interest starts basically stacking up but does this actually work?
I'm late to the party here Eddie Moon , As far as fees? I didn't see you show if there are any deposit or withdraw fees. Lets say I deposit 10K, i go through the process and get my interest, when I withdraw back to my bank account is there a fee? I assume if you buy certain coins there are transaction fees but if I just want to pull the interest out, are there fees for that as well?
Now she is happy with what I'm earning from binary options
Hello
Thanks for this opportunity
great recommendation God bless
Pls how can i contact your trader
I have seen different recommendations about Dylan J Mason services, He must be very expectional for people to talk this good about them
Thank you for all this. I’m a Gen X and this stuff is confusing AF but I’m determined to get up in the game along side y’all
Hmu☝️☝️☝️for mentoring
All of this is exactly what I'm doing. I feel the masses don't know how to do this properly yet. When it's known CRO's value will go up
T̰h̰a̰n̰k̰s̰ f̰o̰r̰ w̰a̰t̰c̰h̰ḭn̰g̰
̰
̰
̰S̰ḛn̰d̰ a̰ d̰ḭr̰ḛc̰t̰ m̰s̰g̰ r̰ḭg̰h̰t̰ a̰w̰a̰y̰ o̰n̰ w̰h̰a̰t̰'̰s̰ a̰p̰p̰ ±̰¹̰7̰³̰⁴̰²̰³̰7̰9̰²̰9̰...... 📊....
Great video as usual. Is there a fee for transfering back to bank?
what is the best way to make money from digital currencies,invèsting or trâding?
Run a search with his name, He will tell you everything you need to know his service from his telegam user...
If I put in 1m, I get 120k a year. That’s pretty good.
don't forget to pay your taxes :)...if you cash out
what are the risks leaving lots of money in the app
What's a weekly payout? Is that on what you have on hold?
Bitcoins is the future
Bitcoins changed my life
You can never go wrong with the right trader
I did loose a lot of funds while trading on my own but all thanks to God I found the right plug
The wisest thing that should be on everyone mind currently should be to invest in different stream of income that doesn't depend on the govt especially with the current economic crisis around the world.
I realized that the secret to making a million is making better investment. I always tell myself you don't need that new Car or that vacation just yet and that mindset helps me make more money invest:ng. For example last year I invested 70k in blue chip stocks and crypt0 s (with the help of my advisor of course) and made about 380k, but guess what? I put it back and traded with her again and now I'm rounding up close to a million. Delayed gratification always pays off
I have a question it might sound stupid but I am new to all of this.. If you're paid in USDC every week with the interest, can you re invest this newly acquired USDC into a new 3months term ?
Your ☝☝ act of kindness and your service shows how big of a heart you have for other thanks for the 6btc you're really amazing to me
I want the 12 percent but I don’t have 5k to lock with cro for 6 months. What solutions you have for people with only 500 to spend. Should I invest in a bunch of med tier coin. Or go with the main coins everyone knows
☝️☝️☝️☝️
Message me now for coaching
How safe is USDC? I'm worried about it not being FDIC insured.
staking usdc is better because it doesn't really move correct? so its less risky
The banks dont want people to see this video. Everyone should pull out there savings from the banks and do this.
Bru that’s for sure!!! I haven’t seen a video like this, this is mind blowing 🤯
No, never put all your savings anywhere, not even in banks. C'mon people...
Curious what other think about Teneo Finance. Looks like a good idea but see no one ever talking about it...
We love❤️❤️your☝️☝️ service ❤️❤️
If I understood correctly, we have to change our usdt to busd? so we receive dollars in our bank account? I am in switzerland is on binance we can not withdraw in euro nor in chf suddenly it is necessary to do by swift in usd? I await your response thank you verymuch man ❤ please help me
How can I start earning if I start with 100usd ..?
👉Jeffwilsofx
To learn more on how to earn better.
Contact me.
Number in Roman numerals
Plus
I
Open bracket
Vii
I
Ix
Close bracket
Iv
Ii
Iii
Iv
Iii
Vii
Viii
I did invest with her and I made huge profits of about $12,000 from my initial $2400
Don't trust any of these scammers who say someone is good and they invest with her all bs .they are all crooks
Great info. Just a small detail left out on why you were getting 12% interest. You must definitely have $4k staked
T̰h̰a̰n̰k̰s̰ f̰o̰r̰ w̰a̰t̰c̰h̰ḭn̰g̰
̰
̰
̰S̰ḛn̰d̰ a̰ d̰ḭr̰ḛc̰t̰ m̰s̰g̰ r̰ḭg̰h̰t̰ a̰w̰a̰y̰ o̰n̰ w̰h̰a̰t̰'̰s̰ a̰p̰p̰ ±̰¹̰7̰³̰⁴̰²̰³̰7̰9̰²̰9̰...... 📊...
IF YOU FEEL LIKE YOU ARE LOOSING EVERYTHING REMEMBER THAT TREES LOOSE THEIR LEAVES EVERY YEAR AND THEY STILL STAND TALL WAITING FOR BETTER DAYS TO COME BIGGER THANKS.
lose*
WHY IN THE FUCK IS EVERYONE SPELLING LOSE, LOOSE. YOUR LOOSE!
I live in canada, can I do this ?
I have no regrets investing on bitcoins. I am humbled and grateful
Wow , 12% interest whereas banks give only like 0.5% at max is crazy
I am glad I bought bitcoins
How much you can invest to that
Hi Eddie, What can you tell us about SHIB?
sometimes you better hold tether than other coins
Great video! I think the way to go for long term holds and stablecoins is to stake your large bag every 3 months. Then you stake medium bags such as if you DCA into something for 1 month at a time while you're waiting on your large bag to unlock again. Then you can take interest from both (especially when you get close to your 3 month unlock date) and throw it in a small flexible bag, ready to reinvest and repeat the cycle again for the next 3 months.
Isnt it better to lock up for example 100$ for a month and 3 times than locking up 100$ for 3 months once ???
"I'm broke. I need to make money."
"NO problem, just buy a hundred thousand
dollars worth of blue chip stocks, sit back
and watch the dividends roll in."
"Um. Im broke, remember?"
Stay broke
Keep making excuses, I'm sure that will take you far in life
I’m literally going to start doing this with my amc and Cro gains. Thanks so much!
This is just like locking money into a CD earning interest for a specific time. If you are worried about locking up all your money, but still want to maximize your passive interest income, you could use a CD ladder strategy. Say you have 12K available, first month you lock up 4K for 3 months, second month you lock up another 4K for 3 months, third month you lock up the last 4K for 3 months. Starting the 4th month, you will always have full access to 1/3 of your 12K in case of emergency. But if you keep the rolling 4K lock up going each month for a year, you will still earn the full 12% interest on the entire 12K.
I do it weekly :-) 13 different stakes
T̰h̰a̰n̰k̰s̰ f̰o̰r̰ w̰a̰t̰c̰h̰ḭn̰g̰
̰
̰
̰S̰ḛn̰d̰ a̰ d̰ḭr̰ḛc̰t̰ m̰s̰g̰ r̰ḭg̰h̰t̰ a̰w̰a̰y̰ o̰n̰ w̰h̰a̰t̰'̰s̰ a̰p̰p̰ ±̰¹̰7̰³̰⁴̰²̰³̰7̰9̰²̰9̰...... 📊
If you stake your 12k each 3 months, you earn more than 3x the amount :)
@@thelegacyofgaming2928 In fact no, since the benfits are paid weekly, i reinvest it every week so with the compounded interest, it becomes exponantial and it increases the apy fastly than every 3 months.
the real question is how do you tax it or do you need to tax it?
Hmu☝️☝️☝️
Earn big by taking risks. Living is a risk anyway. More bitcoins
love the chill music in the bg
If I decide to lock the USDC for 3 months (12% APY) what happens at the end of this period? Can I repeat the process and lock them 4 times so I get 12% for the annum?
Correct
Can I do this outside of the U.S. with a U.S. account ?
Is the interest earned treated as income tax (like a savings account) or capital gains tax?
☝️☝️☝️☝️
Message me now
I have always not understood how people in 2021 still choose usdc, not usdt!
FUTURE IS HIDDEN IN YOUR DAILY ROUTINE. SUCCESSFUL PEOPLE DO DAILY WHAT THE UNSUCCESSFUL DO ONLY ON OCCASIONALLY.. which is investing persistently a little to get more
WHOEVER THAT'S READING THIS , I PRAY THAT ONE DAY YOU WILL REACH YOUR DREAMS.
That's true.
Cryptocurrency is a gamble. But everyone should be investing on.
Everyone knows cryptocurrency is not a gamble majorly for the extremely rich.. It's an invest'ment to compete with the rich and the government. Everyone can do it no restrictions.
But anyone who is not investlng now is missing a tremendous opportunity.
Yes. It's better to take risk and make sacrifices than to remain poor or settle for less.
Been doing this for 2yrs
The fact that this was three months ago …. Spot on
so you jus tset money in there and you get interest on it ? you dont lose the money right? btw do this also work if you live in other country in eu
☝️
Run a search with his name, He will tell you everything you need to know from his telegam user...
Hazimarshad..,,
A question that I have not been able to find the answer to is can you lose the money you put into the earn account? So if you put in the $500 is there a chance that if the USDC crashes for some reason that you could lose the money you put into it or do you only lose out on the interest part? I think you sort of answered it in this video, but I would like a clear answer before I put too much money into an earn account. Thank you!
You're showing with a $4000 CRO stake rate... Very Dishonest
After a successful stake. If you pick option #4
Transfer to Fiat, then transfer to your bank.
Is it for full value? No fee? No commission? Gas Fee?
If you transfer it back to your bank THAT BECOMES A TAXABLE EVENT! If your bank reports (and they are now REQUIRED to) it; you must report a match on your tax return. Never go back to fiat and you can NEVER be taxed! So long as the IRS doesn't agree to accept BTC as payment. Stay out of their lane and you can't be 'hit' with a tax.
Not “never” literally until the IRS comes around and decides otherwise, which can happy at ANY time
So it does if you have a high yield savings account
@@ThePavin IRS works for me, not the other way around.
@@Uvvibes High yield savings in a bank account. How exactly do they intend to 'SEIZE' a blockchain account?! It isn't possible without DURESS.
Strongnode can actually have a major impact on the development of the IOT industry, and the more IOT industry gets developed, the more we can anticipate a futuristic world on our way! Maybe you can even make a video on it.
T̰h̰a̰n̰k̰s̰ f̰o̰r̰ w̰a̰t̰c̰h̰ḭn̰g̰
̰
̰
̰S̰ḛn̰d̰ a̰ d̰ḭr̰ḛc̰t̰ m̰s̰g̰ r̰ḭg̰h̰t̰ a̰w̰a̰y̰ o̰n̰ w̰h̰a̰t̰'̰s̰ a̰p̰p̰ ±̰¹̰7̰³̰⁴̰²̰³̰7̰9̰²̰9̰
Dude, this video is awesome. Thanks man.
T̰h̰a̰n̰k̰s̰ f̰o̰r̰ w̰a̰t̰c̰h̰ḭn̰g̰
̰
̰
̰S̰ḛn̰d̰ a̰ d̰ḭr̰ḛc̰t̰ m̰s̰g̰ r̰ḭg̰h̰t̰ a̰w̰a̰y̰ o̰n̰ w̰h̰a̰t̰'̰s̰ a̰p̰p̰ ±̰¹̰7̰³̰⁴̰²̰³̰7̰9̰²̰9̰...... 📊
Can you make a video of the same topic … this time explaining how to use their De-Fi wallet… and earning in the app
Thanks
If you cash out USDC back to fiat, do you pay a fee?
That's what I wonder, before I get into this, I want to know how liquid it is. I heard mixed stories about service charges for getting your money out. The fees seem to be high and now your 12% is down to 8%. I think I will stick to covered calls for passive income
Eddie,
I have around 20k I would like to deposit to earn money. My question is if there is a chance to lose my capital or is secure? Im looking long term investing and reinvest the earning. Like compound investment. Thanks for info and advice. Sal
The numbers on that high interest online savings account is wrong. 14% is written as 0.14%....correct, but they have a half of a percent written as 0.50%....incorrect, that's 50%
I have about 5% of my portfolio in uranium stock any advice on any other stock that I can grow my $300k capital to a million dollars?
Yea what about taxes, how much of that 12% is getting eaten up by taxable gains
Great video
Hmu☝️☝️☝️for mentoring
Thanks for the video
Sometimes i wonder how people get rich at these days.
if you want to be successful have the mindset of the rich,spend less and invest more. don't give up your dreams.
But people don't believe it's true anyone can make money from home online because of the high rates of scams in the business.
You can never go wrong when trading with the best
If we stake Eth for example, do we get the rewards in Eth and able to add that to our visa card? If so, how are we able to use the visa card that has Eth at the stores or restaurants?
First, The smart question is : is this earning or income taxable or not? Secondly, I found trading or buying coin on this platform is consider expensive comparing with other platform.
@• Pinned by Eddie Moon scammer
Yes. That was the same question I have asked. This is the only platform I use but it's expensive. Every transaction I pay an expensive fee. What are platform would you recommend?
I was looking for something like this VERY COOL thank you hopefully they are still doing this going to check
It is important to remember that the greater the risk, the more profit it can bring you
And the more loss also .
"You Gotta Pump Those Numbers Up, Those Are Rookie Numbers"
I’m wondering if it’s worth taking out a 6% personal interest loan and staking the money for 12% lol
probably not considering its 6% monthly and you're getting back 12% yearly lol
Major error!!!!!!
You need to add the unique number supplied by them in the "memo" section or all your funds could be lost.
Question, once you purchase USDC and then after your 3 mth staking you "cashout" with your initial investment plus what you earned doesn't that then count as a capital gains event?? That's been my #1 concern. If I use this feature as a "savings account" but then have to take money out will I then owe capital gains on any profit??
I may be wrong but I think only what you withdraw to money , will count as “income”
yup its a taxable event. staking rewards = taxed as ordinary income; if you staked a coin not backed by fiat and the price increased from when you first staked it = taxed as capital gains
Still beats a savings account
is there a limit on how much you can put in a term, lets say if you wanted to put 250k, 500k or a million in the account? is there any websites that dont require stake in cro or other coins?
☝️☝️☝️☝️message now
Hey Eddie got a question. After the contract term is finished, do we continue to earn interest for the rest of the year or do the earnings stop when the lockup term is completed? I can't tell if that P.A. interest persists for the whole year not. Thanks.
If you take your money out after 3 months then you will receive 3 months interest
Example
You stake $100 at a 12% per annum interest rate, so after a full year you would have $112
If you take your USDC out after 3 months, then you would get a quarter of $12 since 3 months is a quarter of 12 months, so you would receive $3
Think of it like a lease. Once the lease is up you have to reup/renew. So if you bought a 3 month term, after the 3 months is up the term expires and all contractual obligations are fulfilled. The funds are released (including interest generated). You will have to reup to keep getting the per annum for the full effect of the 12%. Like if you had $10K in the bank at 12% per annum but you withdrew at 3 months. You're not getting that 12%. You're getting 1/4 of that 12% as you withdrew at 3 months. In order to get the benefit of the full 12% you'd have to keep it in there for the full term (12 months (per annum)).
Did you even watch the video?
7:38
Matthew, i’ve asked Eddie several questions. Unfortunately he’s one of those RUclipsrs who create content & answers none of his followers. There are others who do show respect though.
Tuned to the Moon. His thinking like i'm thinking.
As usual sir thank you very much, I appreciate all you do.
where does the money/value come from?
🙏🙏🗽
When will this exchange be available in New York?
Could you take the interest you accumulate and use it to stake more USDC to effectively gain compound interest?
I don't know if you can set up drip but probably after 3 months, take that $60 and buy more tokens to earn again.
Hi Eddie great tutorial just a quick question could the model work for the Caribbean or what would you recommend
@Eddie moon if we keep staking do we get compounding interest?
Hello Eddie, please advise for a non-US person, will be able to invest here
Everyday am winning
How possible?
can I send money back to my bank while the 3months is going?
☝️☝️☝️ for mentoring
So if the earnings are transferred to your bank, that is taxable income right?
Also, if you choose to load up your card, what currency does it use?
It's only taxed when you withdraw to bank. I'd recommend waiting until Jan 1st of a new year to start withdrawing, and in the meantime keep restaking. :)
money
What if you send it to your card then spend on your card? You get to bypass capital gains tax all together?
INVESTING MAKE UP THE TOP-NOTCH HEMISPHERE OF WEALTH, THAT IS MORE REASON ONE SHOULD SAVE AND INVEST TO SECURE MORE PROFIT AND ENSURE SUCCESS
I started with 7000usd then increased to 13000usd after receiving my profit.
Bro wtfffff I’m fucking mind blown rn 😭😭😭😭 thank god for the internet
Right this shit is crazy...
Does the interest compound weekly since paid weekly? No right? But subsequent balances after 3 months would compound?
Would be nice to see actual fees for accounts with $5k or less.
i think its 3.5% for every transac after 30 days
Thanks Eddie, USDC is on the ERC20 blockchain as you said. How much Eth do you need for transactions? I try to avoid the Eth ERC20 protocol because of high gas fees. Your thoughts.
THE WAY YOU WANT TO HELP THE STUDENTS IS SHOWING BY THE WAY YOU’RE SPEAKING....WHICH ALSO BOOSTS US TO DO MORE... THANK YOU FOR IT #Eyeonsight YOU’RE THE BEST EVER
When I try to hold my funds it’s only 6% any help? How come he was able to get 12%
Bro are you able to stake, while having your coins/tokens in a Ledger nano s/x? Or do they have to be in the app?
They have to be on the CDC app
It's not staking, it's lending
T̰h̰a̰n̰k̰s̰ f̰o̰r̰ w̰a̰t̰c̰h̰ḭn̰g̰
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̰S̰ḛn̰d̰ a̰ d̰ḭr̰ḛc̰t̰ m̰s̰g̰ r̰ḭg̰h̰t̰ a̰w̰a̰y̰ o̰n̰ w̰h̰a̰t̰'̰s̰ a̰p̰p̰ ±̰¹̰7̰³̰⁴̰²̰³̰7̰9̰²̰9̰
how don't u have a fee
Can you make a video on your vetting process of research and due diligence on any given platform?
⬆️⬆️ TeXtMe DiReCtLy
Its called being offered a paid sponsorship without saying your paid