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Michael Saylor Expressed: In an inflationary environment, the best investment strategy is overweight digital property, while the best business strategy incorporates digital energy. Bitcoin.
Random Community Response: Hello Michael! I have invested in bitcoin for a little over a year and other than never selling, what is the best tax strategy when selling any bitcoin.
Don’t sell = no taxes.
Or hold $ETH, convert USDT for mining, and see how profit is generated in your wallet.
No one is going to try to teach you how to avoid taxes in your comment section.
Not looking to avoid. Just be educated.
Depending on the situation, learn to seize the opportunity.
I feel like I got into crypto too late, but still early for some reason. It really is getting crazy.
You’re not too late and you’re not going to see any major price action in bitcoin until next year.
I just signed a 3.25% fixed rate mortgage for 30 years. No plans to ever pay back early. I will sit back and watch happily as my “large” payment today becomes less and less FIAT value despite being the same total USD amount, which measures what consumers pay for goods and services—rose 6.8% in November from the same month a year ago. That was the fastest pace since 1982 and the sixth straight month in which inflation topped 5%.
The increase in prices for new vehicles, which came in at 11.1% in November, was the largest on record, as were those for men’s apparel and living room, kitchen and dining room furniture. A 7.9% surge in fast-food restaurant prices last month marked the sharpest on record too.
Any thoughts about crypto social platforms? Does it make any sense?
Man, that’s the place, where you can get all the info about crypto world. Think about it.
Nope. You need to hold physical assets that generate cash flow! Like farm land or RE. Digital Ponzi asset is that last thing you want to be holding.
I want to detach myself from stories with inflation and close myself in my vacuum on Bitfinex.
In an inflationary economy the best savings strategy is Bitcoin. There is no savings strategy that will protect you in an inflationary fiat economy.
The Euro dollar curve inverted and is screaming consumer prices are high because of supply problems.
Love the analysis but half goes over my intellect. Well, Bitcoin isn’t doing much better right now, I hope that changes soon.
It will be fine. Don’t worry. Now, is a good time to increase your holdings.
There is an unlimited supply of digital property. You are a real person of crypto.
Bitcoin is the lifeboat for a system that requires continuous monetary debasement.
What I was selling 26 ft structural steel flat beds for last year is what it cost me now to make now. Plus the steel suppliers are hiking steel surcharges every quarter on us here in Texas.
You are right about the high inflation. That is why there is a high probability that the FED starts hiking rates very soon and a faster pace (even a potential risk of a policy mistake down the road). Unfortunately, this is actually bad for risky assets (including crypto).
There is an attack on Bitcoin, via bought and paid for articles written to create negative public sentiment and it’s obvious. They are appearing on mainstream media and are ridiculous, but people are not educated enough to know the difference. Bitcoin must win this!
I started to try to send crypto money transfer abroad via WhatsApp. This signaled the end of intermediary institutions such as Western Union in the future. International money transfer will now be much easier and cheaper.
I would actually argue the worst thing to hold in an inflationary environment is digital assets, this is when you want physical assets.
