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RE: Bitcoin (BTC) Mid-Day Update: Weekly Degree of Trend Perspective
Well, concerning all our great alts,
- one aspect is to eye on alts that are more independent from btc market movements (consider Matrix AI Network, e.g.)
- and another is to embrace tax regulations (at least here in Germany), that create the incentive for long HODLing anyways.
Here, only one year after any crypto buying action the full return can be cashed in legally without having to pay any taxes whatsoever. Everything before that timeframe underlies a stricter legislation, which is why the short to middle term market (facing the C wave correction @haejin is taking into consideration) is not too frightening in the end.
In other words: The final C wave ending would be the time to get into new positions and altcoins be HODLed for even later. Concerning altcoins:
Here's my latest article on TRON's testnet launch and some more details. Thanks for reading and upvoting!
WARNING - WARNING - WARNING - WARNING - WARNING
This person known on Steemit as @Haejin is WANTED by the SOUTH KOREAN GOVERNMENT for TAX ENVASION!!! They are coming after him. He has been reported to them & they know where he is. If you upvote this person & contribute money to him you could be charged in the matter of the court case. It is best to UNFOLLOW this person now. Do not UPVOTE or TRANSFER any FUNDS to his account. Any money you send to this criminal can be traced back to you.
WARNING - WARNING - WARNING - WARNING - WARNING