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I think we're talking about different things You're talking about what to do with your fiat income stream I'm talking about being self-sustaining in crypto when you don't have a fiat income stream

Nobody can ever be 100% sure about anything obviously but since the crash of 2008, there is unmistakable central bank coordination to manage global debt. Raoul Pal documented this very persuasively. Since 2009, global liquidity has been cyclic in about 4 year time frames. BTC is almost perfectly...

Apologies - I never learned how to do it.

Out of 100 random sellers, how many do you think are plugged into crypto enough that they would accept payment in crypto for a house? You obviously know more about this, so I'd like to hear how common a practice it is. I was thinking you knew of a mechanism to convert large sums of crypto into...

I have crypto credit cards But how does one do big purchases like houses with crypto directly? This can be done in all countries?

How do you make investing from a Jersey holding company work? Weather in Jersey seems like windy, miserable UK-like weather. But if your management and control is not in Jersey, it won't be resident there, and you might have to pay the corp tax rate of wherever you run the company from. E.g as...

Jeez, I almost wonder if I needed to leave my home country at all. I originally left bc there were better places to be during the pandemic. Then I decided I found the right combination of cryptos and now the goal became pay as little capital gains tax as possible. But with the buy, borrow, die...

Missed this comment the first time. I've been reading a bit about this strategy. You avoid capital gains tax You can write off the interest? It only works if your investments can produce cash flow so you can pay the interest, or if you are willig to sell some to cover it? The banks accept...

You can't know for sure of course I use various metrics to narrow down the date range that I'm happy with Doesn't have to be the perfect top or bottom. Last edited: Oct 5, 2024

I've done my share of wading in the poo¤%&& But no other asset class can give you the upside crypto can. Maximum downside is just the cost. :cool:

Actually i think there's a 3rd case - if you know your annual expenses, and you have no other source of income, sell enough BTC to cover 2-3 years since you don't know exactly when it will make a new ATH Last edited: Oct 5, 2024

Yes It's clear that fiat is only being debased, and BTC is only going up. However, BTC still crashes 50-75% in bear markets even if the longterm potential is better than anything else SO I think there are 2 cases where it's justified to sell some of your BTC at the top and keep it in stablecoins...

Stablecoins (and fiat as needed for convenience of buying certain things. I know you have told me before that I can buy most of what I need with stablecoins/crypto and I am still looking into it)

Hi guys. I signed up again for mentor group gold premium bc I really want someone to look at my reasoning in this thread. I left my high-tax Western country in Jan, 2024 and moved to Cyprus. I stopped working in 2020. I survive from investment income and savings. I thought I would keep a few...

People who just want to do passive investing and profit...yes. People who know what they are doing can make 1000x or more Everything else is only rubbish if you don't study the space like it counts

There is actually no legal physical presence requirement in the legislation for the HNWI program. In my case, the economics of living there for a few months and renting an apartment for 2,000 GBP/mo for a year make sense

-Assuming the crypto cycle continues as it has for the last decade, I plan to cash out most or all of my crypto in Q3, Q4 of 2025 (I hold most of the assets personally, with a small amount in a company - ignore the company assets for the purposes of this thread) -I would like to apply for Cat 2...

No idea what you're talking about. I'm talking about lawfully declaring assets but keeping the effective tax rate <5-10% for the next year. We can't all get into a tax haven right away. Yes my goal is to eventually move to a tax haven so I have no tax and no paperwork. In this thread you've been...

You are absolutely correct, Sir although your response with your "my dear"s is a bit patronizing. I should have phrased it "better for me" Some of us are just cautious because we will do well even if we stay on the straight and narrow. It is not a 'belief'or a refusal to do things in a slicker...