10 Crypto Loopholes The Rich Use To Get Richer

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  • Опубліковано 19 гру 2024

КОМЕНТАРІ • 569

  • @WillieNickell
    @WillieNickell 8 місяців тому +155

    Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!

    • @mikey43221
      @mikey43221 8 місяців тому +1

      Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life beause I invested early ahead this time .

    • @PASCALDAB
      @PASCALDAB 8 місяців тому +1

      Exactly ! That's my major concern and what lucrative investment can one venture into with the current rise in economic downturn

    • @lawrencedyke
      @lawrencedyke 8 місяців тому +1

      How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?

    • @lawrencedyke
      @lawrencedyke 8 місяців тому +1

      I find this informative, curiously explored Vivian on the web, spotted her consulting page, and was able to schedule a call session with her, she shows quite a great deal of expertise from her resume.. very much appreciated

    • @rick9068
      @rick9068 8 місяців тому

      ​@tmer831scammer alert ⚠️ ⚠️

  • @corleone1106
    @corleone1106 8 місяців тому +475

    Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.

    • @ianvishnevsky8030
      @ianvishnevsky8030 8 місяців тому +3

      Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival.

    • @lauraroberts3154
      @lauraroberts3154 8 місяців тому

      It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

    • @wellingtonmichael1397
      @wellingtonmichael1397 8 місяців тому

      Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.

    • @ianvishnevsky8030
      @ianvishnevsky8030 8 місяців тому

      The advisor that guides me is Erik Heinz Lembcke, most likely the internet is where to find his basic info, just search his name. He's established.

    • @ianvishnevsky8030
      @ianvishnevsky8030 8 місяців тому

      @ERIK HEINZ LEMBCKE 💯 ..that's it

  • @Highway18
    @Highway18 8 місяців тому +39

    Great content but losing your hardware wallet does not lose your crypto. Take your ledger and throw it in the ocean. Buy a new ledger, restore your private key, and your back in business.

    • @zamp549
      @zamp549 8 місяців тому +4

      Exactly! It’s all about your seed phrase.

    • @heartstrings110
      @heartstrings110 8 місяців тому +5

      Yes, lose your private key and you’re cooked.

    • @RogelioSoto-i9d
      @RogelioSoto-i9d 8 місяців тому +1

      Which shows you how pointless ledgers are and how they are a waste of money.

    • @johnpittman7095
      @johnpittman7095 8 місяців тому

      @@RogelioSoto-i9d lol you clearly have never taken self custody of bitcoin with a dumb comment like this. Thats the point goofball. No worries if the device dies after 10 or 50 years. Or if the software is no longer available aka LEDGER LIVE. You can then go acquire ANY bitcoin cold storage device. type in the 12 or 24 word sha 256 seed phrase and have access to all the wealth sent to those private keys..& theyll even be in their specific folders that you put them in.

    • @dawn1163
      @dawn1163 8 місяців тому

      OP, pin this please

  • @mel20993
    @mel20993 8 місяців тому +27

    Your crypto is on the blockchain not the hard wallet or computer. You can lose the wallet and as long as you have your seed phrase, you can purchase a new wallet to access to your crypto.

    • @Klinkov_Mark
      @Klinkov_Mark 2 місяці тому

      I was going to write this, but decided to read the comments first. Kind of scary to work with these guys if they don't even know that crypto is NOT stored on the physical device, It is decentralized.

  • @Danielsusaeta
    @Danielsusaeta 8 місяців тому +4

    Minute 09:00. If you lose your hard wallet you haven't lost your crypto, just the device. You can buy a new cold wallet device and use your seed. The seed is the crypto.

    • @Klinkov_Mark
      @Klinkov_Mark 2 місяці тому +2

      yep. These guys dont even know that, and yet they want to charge money to give us crypto tax advice.

  • @nickycolgantl9310
    @nickycolgantl9310 8 місяців тому +698

    Thank You for this update ! I read that Nvidia provides tech for crypto mining services/blockchain transactions. Could the current crypto pump be attributed to Nvidia’s great earnings and should I hold some crypto as well, cos tbh I’m having FOMO with the current crypto price at 70k.

    • @patrickjones1392
      @patrickjones1392 8 місяців тому +5

      Microstrategy CEO bought $155million worth of bitcoin, so yes BUY!

    • @richarddamien4654
      @richarddamien4654 8 місяців тому +2

      It’s going to be a wild yr for these sectors, so you should def. invest in crypto.

    • @richarddamien4654
      @richarddamien4654 8 місяців тому +4

      60% ofmy prtfolio is spread acrss tech stcks, crypto nd Crypto/Gold ETFs.

    • @clementdan9417
      @clementdan9417 8 місяців тому +5

      well the crypto market is expected to do way better than any other equity sectors this 2024 especially with the SEC crypto ETF approval but it’s a volatile market nevertheless and if you’re new to it, it’s best to reach out to an experienced adviser for proper guidance.

    • @waldenharvey1278
      @waldenharvey1278 8 місяців тому +4

      Yes, my asset manager advised I spread further into mutual funds and crypto Etf and boy am I glad I did. The whole idea is: Don’t get too greedy and also to exit at the right time, so generally I do find having an adviser very helpful, because what Avg. Joe really has time to watch and comprehensively analyse the market.

  • @ReginaOye-gw6um
    @ReginaOye-gw6um 8 місяців тому +77

    Nice video. Can you offer advice on how to make profits in Bitcoin or Forex investments? I've been dealing with continuous losses in my account.

    • @DorisMelodys
      @DorisMelodys 8 місяців тому

      Investing without a solid understanding of the market is ill-advised. I suggest seeking advice from Expert Rosie for guidance.

    • @RollandSteve
      @RollandSteve 8 місяців тому

      It's quite a coincidence. Rosie has also been overseeing my trades, and her strategies are truly remarkable.

    • @RechealDoris
      @RechealDoris 8 місяців тому

      When someone is direct and proficient in their work, others will always advocate for them. In my opinion, I would recommend giving expert Rosie Harley a chance, and you'll be glad you did.

    • @LeaMorrison
      @LeaMorrison 8 місяців тому

      Rosie has certainly established a strong reputation. Thanks to her strategies, I managed to purchase a comfortable apartment in the USA.

    • @GibbsNathaniel
      @GibbsNathaniel 8 місяців тому

      I'm not here to converse for her but to testify just for what I'm sure of, she's trust worthy and best option ever seen

  • @WisdomPrecious
    @WisdomPrecious 8 місяців тому +38

    Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in last month 2024
    ^^^^

    • @Christianbayloncruz
      @Christianbayloncruz 8 місяців тому

      Wow that's huge, how do you make that much monthly?

    • @WisdomPrecious
      @WisdomPrecious 8 місяців тому

      Devion Jane expertise is truly commendable.
      She has this skill of making complex crypto concepts easy to understand.

    • @Cynthia9291
      @Cynthia9291 8 місяців тому

      Woah for real? I'm so excited. Devion Jane strategy has normalised winning trades for me also. and it's a huge milestone for me looking back to how it all started

    • @Henrygeorge67
      @Henrygeorge67 8 місяців тому

      I'm new at this, please how can I reach her?"

    • @WisdomPrecious
      @WisdomPrecious 8 місяців тому

      she often interacts on Telegrams

  • @christopheroleary9455
    @christopheroleary9455 8 місяців тому +7

    This feels like a 30 min infomercial for their tax services. They talk a lot, but the only thing they really say is “hire us” 😂

  • @stevenreid_youtube
    @stevenreid_youtube 8 місяців тому +3

    Loved "Crypto Grandma" 😃 I particularly enjoyed the importance of educating future generations about financial opportunities like Roth IRAs and crypto investments. Thankyou for offering a clear roadmap for long-term success in the crypto space while also highlighting the importance of staying informed, compliant, and strategic.

  • @AbangTrinitas
    @AbangTrinitas 7 місяців тому +40

    My wife and I net-worth was 62k April 2020.
    Just hit 550k this week

    • @LilyBekonhemswort
      @LilyBekonhemswort 7 місяців тому +5

      Where did you invest? I'm just trying to learn where or how do I begin so I can start the journey of compound interest. I am 24 and have saved some money, I just do not know clearly where everyone seems to know to put their money. It just says S&P 500 but I don't understand what that
      means

    • @Maguirehook
      @Maguirehook 7 місяців тому +4

      I'm 33 just got out of debt I might be behind compared to my peers I'm not happy but satisfied that I’m debt free only want to focus on investing I would appreciate if you recommend your advisor for the right knowledge

    • @AbangTrinitas
      @AbangTrinitas 7 місяців тому +4

      Have you not heard of Amelia Jason !

    • @DayTradingAddictss
      @DayTradingAddictss 7 місяців тому +3

      You know her too ? I'm also a proud beneficiary of her superb platform. There are the biggest custodians. After this I also would not be asking investing advice in the UA-cam comments. 80% are scammers.

    • @Starkham
      @Starkham 7 місяців тому +3

      In reality, Bitcoin crashes and rises with the tech Market. Crypto has opened doors for global financial inclusion. It's time for more equitable world!❤

  • @FredMeyer-no3ji
    @FredMeyer-no3ji 8 місяців тому +120

    I always wanted to trade crypto for a long time but the volatility in the price has been very confusing to me although I have watched many UA-cam videos about it but still find it difficult to understand.

  • @breezybandztv
    @breezybandztv 8 місяців тому +11

    How would they seize your crypto if it’s in a decentralized wallet with no social or id connected?

    • @anwiii55
      @anwiii55 8 місяців тому +1

      you are talking about illegal activity and committing purgery in court to try and hide your assets. how is that protecting yourself?

    • @breezybandztv
      @breezybandztv 8 місяців тому +1

      I’m just asking how they would be able to find it

    • @anwiii55
      @anwiii55 8 місяців тому +2

      and i told you how they would seize it. that was your actual question.t here are also other ways. how are you gonna transfer it to a bank account so you can actually spend it? also, it depends on the crypto. bitcoin is on a public ledger that anyone can access. the transfers can be traced. what about exchanges that are being reglulated now. any decent exchange is going to be tracked by a government and any exchange that wont comply to release those private records isn't worth doing business on and is shady as fuck and more capable of going out of business like ftx. there are many ways. your keys your crypto...yea until the law is involved and wants it. then, technically you can still hide it....but most people aren't smart enough. you know how many dumb criminals there are in jail right now? ALL OF THEM.

    • @GG-ug9hd
      @GG-ug9hd 8 місяців тому +1

      @@breezybandztvI think using your IP address unless you use vpn which can also be detected depending

    • @craigt2003
      @craigt2003 8 місяців тому

      @@anwiii55
      True but what he's asking is how can they seize it? (all the stuff you mentioned are just ways they can track your crypto but unless you keep all of your crypto on a centralized exchange "like coinbase" there is no way they can seize your crypto) yeah sure , the cops can take your hard wallet or your phone or lap top but once you buy a new one and set up your wallets again with your seed words, BOOM, all your crypto is back in your new wallet.

  • @DorianHubert-uw1eo
    @DorianHubert-uw1eo 8 місяців тому +35

    I usually look up your videos for updates! Our government has no idea how people are suffering these days. I feel for people with disabilities not getting the help they deserve.
    Thank you mrs Lauren Hopkins, imagine investing $12,000 and received $305,500.

    • @Chloe_emm
      @Chloe_emm 8 місяців тому

      Crypto Bull run is making waves everywhere and I have no idea on how it works. What is the best step to get started please?

    • @DorianHubert-uw1eo
      @DorianHubert-uw1eo 8 місяців тому

      Have you not heard of Mrs. Lauren Hopkins?

    • @DorianHubert-uw1eo
      @DorianHubert-uw1eo 8 місяців тому

      She has this skill of making complex crypto concepts easy to understand and is truly commendable

    • @RosaMariadelosSantos-
      @RosaMariadelosSantos- 8 місяців тому

      You know her too? I'm also a proud beneficiary of her superb platform.

    • @Chloe_emm
      @Chloe_emm 8 місяців тому

      I'm new at this, please how can I reach her
      ??

  • @miltonbrayboy1881
    @miltonbrayboy1881 8 місяців тому +4

    Correction.... You don't need your wallet when you have your 25 word phrase.😂 Great vid tho.

  • @RyanKassel
    @RyanKassel 8 місяців тому +1

    9:30 wrong advice. If you lose your hard wallet, you cam recover to a new one using your seed phrase.

  • @marynkuah8511
    @marynkuah8511 8 місяців тому +35

    This seems like the worst period.
    Even the market are now very unpredictable. Started investing recently when the market prices were a bit high,today I am more than 60% down!

    • @Dominic-wp4rn
      @Dominic-wp4rn 8 місяців тому

      I agree just reached my goal of $500k monthly trade earnings. Setting realistic goals is an essential part of trading

    • @marynkuah8511
      @marynkuah8511 8 місяців тому

      Please educate me, i'm willing to make consultations to improve my situation,

    • @AlexJason-gu7ss
      @AlexJason-gu7ss 8 місяців тому

      Yeah, 123k from catherine adriana. , looking up to acquire a new House, blessings
      ...

    • @marynkuah8511
      @marynkuah8511 8 місяців тому

      Please how do I find this financial counselor?

    • @marynkuah8511
      @marynkuah8511 8 місяців тому

      I'd love to know this mentor of yours

  • @melquioliveira-f2g
    @melquioliveira-f2g 2 місяці тому

    Your storytelling makes learning about crypto so enjoyable.

  • @OtisAlvarez
    @OtisAlvarez 8 місяців тому +41

    Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in last month this 2024 investing with Rebecca Hickman.

    • @Lizparzen
      @Lizparzen 8 місяців тому

      She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.

    • @Marthacellen
      @Marthacellen 8 місяців тому

      You trade with Rebecca Hickman too? Wow that woman has been a blessing to me and my family.

    • @OtisAlvarez
      @OtisAlvarez 8 місяців тому

      Hickman109 💯 ..that's it

    • @Austin1Reed
      @Austin1Reed 8 місяців тому

      when someone is straight forward and good at what she does best. People will always speak for them. For me I can would say give Rebecca Hickman of finance education a try and you be happy you did

    • @Brayan.769
      @Brayan.769 8 місяців тому

      I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

  • @nancydtt290
    @nancydtt290 8 місяців тому +8

    Great Video! "Trading is the hardest way to make easy money! But once you learn the skill you can and will change your life!"

    • @nancydtt290
      @nancydtt290 8 місяців тому

      I'm favoured, $60k every week! With the help of TRAVIS SAMANTHAI channel, so now I can give back to the less privilege in my state and also support God's work and the church. God bless America.🇺🇸

    • @Lindaj351
      @Lindaj351 8 місяців тому

      TRAVISSAMANTHA1 goes deeper than just looking at surface-level trends. She explores technical, fundamental, and sentiment analysis, offering a comprehensive perspective on the market..

    • @Georgina650
      @Georgina650 8 місяців тому

      TRAVISSAMANTHA1 strategy has normalized winning trades for me and it's a huge milestone for me looking back to how it all started.

    • @user-dk1mi6wm7w
      @user-dk1mi6wm7w 8 місяців тому

      TRAVISSAMANTHA1 understanding of market indicators is impressive. She knows exactly when to enter and exit trades for maximum profit. her signals are top notch..

    • @benj435
      @benj435 8 місяців тому

      That's interesting, any way to connect with her? I have to get started🙏🙏🙏

  • @andrewstrever8013
    @andrewstrever8013 8 місяців тому +1

    Just a comment @ 9:23"If you don't have your hard wallet, you don't have your crypto"
    That is inaccurate as you can setup another hard wallet with your recovery phrase, making the lost or stolen hard wallet inactive. (Although there is a risk of someone guessing the pin if it is stolen - 8 digit pin, not the seed phrase)
    Also... "it's in there, it's in the computer"
    This statement is somewhat misleading if taken literally. Cryptocurrency funds are not stored "inside the computer" OR on the hardware wallet. Instead, they exist as entries on the blockchain.
    It's not so much "the little thumb drive thing" that is important as it is the seed phrase which needs to be stored securely and can be used to setup another device to manage your funds.
    Somewhat disappointing coming from said professionals.

  • @oliviaralston1
    @oliviaralston1 6 місяців тому +13

    Wealth is built in both bull or bear market and also wealth transfers from the impatient to the patient. One of the best ways to succeed in crypto is by trading your assets with a good strategy.

    • @EudoraChristanne
      @EudoraChristanne 6 місяців тому

      I want to compliment you, you have said it all. I am a little business owner and I really want to expand my business to the next level by making myself an investor but I really don't know how to go about it..

    • @Bireshprema
      @Bireshprema 6 місяців тому

      imagine investing in Btcoin earlier.... You could have been a multi millionaire precently

    • @zoeyswaniawski7306
      @zoeyswaniawski7306 6 місяців тому

      Assets that can make you rich
      *FX
      *Btcoin
      *Stocks
      *Gold
      *Real estate

    • @TuncayErol-jy1il
      @TuncayErol-jy1il 6 місяців тому

      Not because of ignorance, it’s because of the high rate of unprofessionalism in the cypto market

    • @aprilclaudette2057
      @aprilclaudette2057 6 місяців тому

      I’m new to cypto trading, feels overwhelming but I won’t give up on learning this. Thanks for your clear explanation from the very beginning!

  • @Barthuffman
    @Barthuffman 8 місяців тому +51

    I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Kimberly Smith

    • @Muhammad47686
      @Muhammad47686 8 місяців тому

      Wow. I'm a bit perplexed seeing her been mentioned here also 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 super.

    • @VeronicaUnderwood-g7f
      @VeronicaUnderwood-g7f 8 місяців тому

      She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.

    • @Max-Wesley
      @Max-Wesley 8 місяців тому

      You trade with Kimberly Smith too? Wow that woman has been a blessing to me and my family.

    • @RomanAtwood79
      @RomanAtwood79 8 місяців тому

      I'm new at this, please how can I reach her?

    • @Barthuffman
      @Barthuffman 8 місяців тому

      she's mostly on Telegrams, with the user name.

  • @Laurenhurst3
    @Laurenhurst3 8 місяців тому +218

    Bitcoin is on its way to breaking records, getting closer to hitting new high prices, showing that it's gaining more value and could go even higher than we've seen before. This could mean great things for people looking to invest, suggesting now might be a good time to get involved before it jumps even higher. It's an exciting moment that could change the game in general...managed to grow a nest egg of around 2.3B'tc to a decent 27B'tc....At the heart of this evolution is Francine Duguay, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment.

    • @PhilipCarr3
      @PhilipCarr3 8 місяців тому

      She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing....

    • @Oberg32
      @Oberg32 8 місяців тому

      What I appreciate about Francine is her ability to tailor strategies to individual needs. She recognizes that each investor has unique goals and risk tolerances, and she adapts her advice accordingly.

    • @supersayen12
      @supersayen12 8 місяців тому

      In a field as rapidly evolving as cryptocurrency, staying updated is crucial. Francine continual research and adaptation to the latest market changes have been instrumental in helping me make informed decisions.

    • @JasonLowe-xq8lx
      @JasonLowe-xq8lx 8 місяців тому

      Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary…

    • @dreameram
      @dreameram 8 місяців тому

      Reason i invest in the crypto market; to make my money work for me, to prevent inflation from eroding my savings.

  • @FenwaySausageWorks
    @FenwaySausageWorks 8 місяців тому +2

    If I use a collateralized loan on my crypto will that shield me from taxes?

  • @joshranowsky8083
    @joshranowsky8083 8 місяців тому +2

    Mark Kohler aka the Robert Downey Jr. of tax advice.

  • @cycologist8615
    @cycologist8615 8 місяців тому

    Love the legal advice but the tech explanations are flat wrong. See 09:30, you don’t need the actual hardware wallet to retrieve your crypto as long as you still have your seed phrase. You can literally download any wallet, put in that seed phrase, and instantly have full access to the crypto in that old wallet. Protect your seed phrases at all costs!

  • @SpencerKelvin172
    @SpencerKelvin172 8 місяців тому +45

    As always, a great analysis. Newcomers often wonder if it's too late to navigate the financial market, but the market is always unpredictable. Trading has more advantages than simply holding, so it's important to learn before diving in. Active trades are necessary to ride the market's waves. Thanks to Michelle Stewart insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings, managed to grow a nest egg of around 127k to a decent 632k. Kudos to the journey ahead!

    • @RebeccaLynn788
      @RebeccaLynn788 8 місяців тому

      I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...

    • @Harold560
      @Harold560 8 місяців тому

      Michelle Stewart strategy has normalised winning trades for me also. and it's a huge milestone for me looking back to how it all started

    • @Troymatthew525
      @Troymatthew525 8 місяців тому

      YES!!! That's exactly her name (Michelle Stewart) so many people have recommended highly about her and am just starting with her 😊 from Brisbane Australia🇦🇺

    • @NicholasClones527
      @NicholasClones527 8 місяців тому

      I'm new at this, please how can I reach her?

    • @SpencerKelvin172
      @SpencerKelvin172 8 місяців тому

      she's mostly on Telegrams, using the user name

  • @PGF-TRAILS
    @PGF-TRAILS 8 місяців тому +1

    Ok, I'm 60 years old and only have social security to retire on and I have 1/2 of a bitcoin I bought in December of 2023.
    I am praying this bull run will be a God send to help in the next couple of years.
    Do I need to convert to a Roth IRA to avoid capital gains if I need to withdraw in the next couple of years?
    Also do you have a crypto tax advisor in orange county California?

    • @YM-ay24S
      @YM-ay24S 8 місяців тому

      You'll pay the taxes upfront if converted to a roth. I would highly advise you do it before the price runs up in the comming weeks to months. Itrust is a reuputable online one but they charge about a 1.2% fee for each buy/sell. Fidelity crypto has a bit better rate and especially spread.

    • @PGF-TRAILS
      @PGF-TRAILS 8 місяців тому +1

      @@YM-ay24S thank-you for replying. Truly appreciate it

  • @bolero5824
    @bolero5824 8 місяців тому +1

    Do you have representatives in the UK?

  • @Coreyrob.
    @Coreyrob. 8 місяців тому +19

    I'll always be grateful to you because you completely transformed my life. I also preach about you to everyone I know, telling them that you prevented me from incurring enormous debt with a mere little expenditure. Regards, Mrs Ann Elizabeth Messer

    • @WelfareDepartment-xy2db
      @WelfareDepartment-xy2db 8 місяців тому

      Please let me know how to contact her as I'm new to this.

    • @caitlynpotter
      @caitlynpotter 8 місяців тому

      I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

    • @Coreyrob.
      @Coreyrob. 8 місяців тому

      she's mostly on Telegrams, with the user name.

    • @Coreyrob.
      @Coreyrob. 8 місяців тому +1

      @Annmesser15⭐

    • @WelfareDepartment-xy2db
      @WelfareDepartment-xy2db 8 місяців тому

      Thank you

  • @chamokc
    @chamokc 8 місяців тому +2

    Would you all recommend opening a business account to trade crypto short or long term ?

  • @TRT-FoodnLove
    @TRT-FoodnLove 8 місяців тому +1

    How can I open a Roth IRA if I don't live in the United States?

  • @negotiatewithleverage4763
    @negotiatewithleverage4763 8 місяців тому

    I love this. Both of you seem incredibly knowledgable in this space and I appreciate the advice and may use this service.

  • @3pdad
    @3pdad 8 місяців тому +1

    Can you attach a link for a copy of the Top 10 list?

  • @JmmTechnologyInc
    @JmmTechnologyInc 8 місяців тому +1

    CRUT question :
    Let's say we put 1mil in to this trust . charity gets 10% you have 900000 to pay yourself in 20 years but you are paying ordanary income tax on this 900000k distribution which could be up to %37 tax. WHY NOT pay long capital gains instead ??? I'm also assuming nothing grows in that 20 years

    • @anwiii55
      @anwiii55 8 місяців тому +2

      you are forgetting the tax write off you will be getting which will be reducing your tax liabilities. also you aren't getting paid in one lump sum. this is over many years if that's the only ordinary income you have, you are going to be in one of the lower income tax brackets. i don't understand it fully myself but that's the jist i get...

  • @AsAboveSoBelow111
    @AsAboveSoBelow111 8 місяців тому +1

    You guys are freakin’ amazing!!! Many thanks for this invaluable content! Love the self directed ROTH IRA LLCs- incredibly vehicle!!!!

  • @proptrader
    @proptrader 8 місяців тому +2

    Crazy good luck today. I accidentally touched the thumbnail of this video while scrolling through my feed and am very happy I did.

  • @dwdwone
    @dwdwone 8 місяців тому

    Where can I find your book?

  • @Chanel15477
    @Chanel15477 8 місяців тому +1

    Mark, the SEC is going after coinbase, I heard they're in a law suit, what are your thoughts?

  • @waeladel
    @waeladel 8 місяців тому

    If i sent USDC to my brother how is an American citizen and lives in USA, will he have to pay tax when he off ramp to US dollar?
    Also if my brother sends me USDC does he has to pay tax the moment he sends?

  • @latincrypto7093
    @latincrypto7093 8 місяців тому +1

    I have a better idea if 50m people don't pay their crypto taxes because they sweat their asses to get some profits after losses and losses, is the IRS going to put this 50 million in jail? Lol 😂

  • @williamclarke2246
    @williamclarke2246 8 місяців тому

    Do you guys cover Uk

  • @lwrightsr2286
    @lwrightsr2286 8 місяців тому +1

    Thank You for this update ! 😎😎😎

  • @kaushikganesh6216
    @kaushikganesh6216 8 місяців тому +1

    Im holding around 90k usd in crypto and in india unfortunately the government doesnt let you offset your losses against your gains like in stocks 😢 so just hodling instead of trading.

  • @cryptotiger7780
    @cryptotiger7780 8 місяців тому

    Great video. So much information to learn

  • @johnaltentaler2544
    @johnaltentaler2544 8 місяців тому

    Why doesn't the 1031 exchange apply when trading one crypto for another....... Why does it trigger a "Sale"

  • @Moboo3667
    @Moboo3667 8 місяців тому

    What about a compensation funded like if you are investing with funds coming from disability? Is there something to protect for that?

  • @nathanlee6011
    @nathanlee6011 8 місяців тому

    Do you guys have offices in either Jacksonville, FL, or Savannah, GA?

  • @Fav.234
    @Fav.234 8 місяців тому +1

    You’re great attorneys

  • @jimsamples7069
    @jimsamples7069 8 місяців тому

    Question about Itrust capital.. At 59 1/2 when I can cash out, is it all tax free or is it just no capital gains but I have to pay Income tax on what is pulled that year?

  • @tropicalbreeze-hh3sh
    @tropicalbreeze-hh3sh 8 місяців тому

    Thank you very much gentlemen.

  • @user-no2ei6dp2q
    @user-no2ei6dp2q 3 місяці тому

    Watching this makes me feel like I’m at the car dealership in a room with the salesman and his manger

  • @bimini99
    @bimini99 7 місяців тому

    From 2:25 thru 2:48 is a scare tactic and not true when he says. "Gone"... sorry to say but that is not true. depositions, interrogatories and other discovery items doesn't force anyone to hand over their crypto private keys or other crypto assets. This guy sounds like a threatening irs agent. Anyone can have a judgement applied. Yes they can find public keys on public ledger but they cannot just take your crypto assets even if a court grants a judgement as long as you hold onto your private keys.

  • @daleferguson1233
    @daleferguson1233 8 місяців тому

    Great information and Great Video..😮 thank you

  • @RainCheck8007
    @RainCheck8007 2 місяці тому

    what's the on going fees? regarding to which package from your firm?

  • @drizzydrewww
    @drizzydrewww 8 місяців тому

    for the nano ledger you can lose your thumb drive and still have access to your crypto… ask long as you have your keys written down u can access from a different ledger.

  • @positivetrends1
    @positivetrends1 8 місяців тому

    Recognizing that you’re trying to simplify the situation but seems like most of your target market would understand that you can loose your hardware usb and still recover your keys/crypto fr a hardware wallet. so long as you retain the seed phrases-you imply that if you lose the usb your out of luck - less true than an encouragement to make sure you don’t lose your recovery phrase that comes w the ledger -obvi yuu guys know this but just putting it out there for newer folks to the space

  • @richhill573
    @richhill573 8 місяців тому

    Great info guys

  • @aramiscabrera6227
    @aramiscabrera6227 8 місяців тому

    I definitely want a consult when am ready .. but I swear I was thinking about this today and your video popped up..

  • @ScalpingSATs21
    @ScalpingSATs21 8 місяців тому

    Hey Mark, I want to set up a trust to hold my house and crypto.. can you help me?

  • @JillianGuinta
    @JillianGuinta 2 місяці тому

    When you talk about peeling off some profits to acquire other assets, do you mean borrowing against your Bitcoin holdings, for example?

  • @Cryptovoyeur
    @Cryptovoyeur 8 місяців тому +2

    If crypto has not been regulated yet then who’s making these rules??

    • @tonynoel2292
      @tonynoel2292 8 місяців тому

      seriously sounds like they want to create bullsht

  • @KatherineSmith-pe5gf
    @KatherineSmith-pe5gf 8 місяців тому +1

    Slothana is the future of DeFi, mark my words!🌟🎇🎆

  • @loreniavan
    @loreniavan 8 місяців тому

    Thank you for making this video , please make more videos like this !!

  • @DConstructiveCritic
    @DConstructiveCritic 8 місяців тому

    Great advice, thanks!! I need to start a crypto IRA ASAP!!

  • @kennwoods5118
    @kennwoods5118 8 місяців тому

    Will this work in Australia

  • @totalfreedom45
    @totalfreedom45 8 місяців тому +1

    Dear Attorneys Sørensen & Kohler, may I hire either of you to be my crypto tax lawyer? Just kidding, all my crypto earnings would go to pay your fees! 🤣 Great professional advice! All crypto lovers should use *_all possible means_* to pay Uncle Sam as little as is *_legally_* possible. 💕☮🌎🌌

  • @clarabartha1737
    @clarabartha1737 8 місяців тому

    Would love to hear a Canadian version of this advice

  • @KylaPyles
    @KylaPyles 8 місяців тому +1

    Solana, XRP, AMC200F$, ETH, and more would be great.

  • @Lucia76846
    @Lucia76846 8 місяців тому

    "Slothana is my steady winner! 🐌📈 Invested and seeing the benefits!"

  • @js35409
    @js35409 8 місяців тому

    I see conflicting information about wash sales on crypto which would not allow for the loss to be taken if immediately repurchased.
    Is there a change anticipated for 2024 that make crypto wash sales the same as stocks?

  • @shorak9679
    @shorak9679 8 місяців тому

    What if someone lost their bitcoin Ethereum in BlockFi interest account can the gain from bitcoin be use for tax write off purpose on this year

  • @tazluvsbit590
    @tazluvsbit590 8 місяців тому +4

    If I already have personal crypto acct open. I can move to a LLC ?

    • @Bitcoinistheshit
      @Bitcoinistheshit 8 місяців тому +1

      Good question 🙋🏽‍♂️

    • @amerchiro11
      @amerchiro11 8 місяців тому +1

      I don’t think so, but I believe you can transfer to a CRT

  • @markstone6263
    @markstone6263 8 місяців тому

    just to correct what you said about someone who lost their hardware wallet, that doesnt actually hold any crypto in it. it merely holds the keys. your seed is the more important part, bc you can reload the wallet as long as you dont lose that. your crypto never leaves the blockchain, so it never actually goes into a hardware wallet. minor misunderstanding

  • @saidkhalid526
    @saidkhalid526 8 місяців тому

    If I move to Ohio as a green card holder in July, will my crypto investments be taxed?

  • @DarthDread
    @DarthDread 8 місяців тому

    What about Liqudity Farming? Is that treated like staking? basically earing fees for providing liquidity.

  • @jegri024
    @jegri024 8 місяців тому

    BIG QUESTION HERE: WHAT CRYPTO are we purchasing with a Roth IRA??

  • @kevinbrown2779
    @kevinbrown2779 8 місяців тому

    Can you do this with Kraken or Coinbase?

  • @tarheels5028
    @tarheels5028 8 місяців тому

    What IRS regulation governs crypto??? Give me a law and number that can be researched.

  • @annddyyy-6920
    @annddyyy-6920 8 місяців тому +46

    My advice to everyone is this : if you want to grow big this year especially in your finances. Be willing to take risks. Saving is great but taking risks puts you on a pedestal where you wouldnt have to worry about savings as you do now. Thanks to larysa Caba, my portolio is doing really great and im proud of the decisions i made last year.

    • @leticiaenraz8514
      @leticiaenraz8514 8 місяців тому

      I feel one Of the greatest challenges that we first timers face in the ma rket is that we end up losing all we have,making it difficult to find ourselves back to our feet. My biggest advice is to always seek the services of a professional just like I did when I ventured into it for the first time. Big thanks to Larysa Caba. I now make huge profits by weekly through her services while still learning to stand on my own.

    • @jasperflontes4289
      @jasperflontes4289 8 місяців тому

      I think she trades for everyone I meet. I met her twice at a meeting in Germany and after her lectures from Ella I had to personally ask her to be my financial advisor. she is definitely good.

    • @ivarlast2966
      @ivarlast2966 8 місяців тому

      I just looked up her name online. she is licensed with credible certificates and has an amazing track record. Thank you for the message.

    • @dominicleong4385
      @dominicleong4385 8 місяців тому

      I definitely will like to know more.

    • @peter.huemer
      @peter.huemer 8 місяців тому +1

      ‼️SCAMMERS ‼️

  • @kingpeasant_og
    @kingpeasant_og 8 місяців тому

    Great alpha. Thank you gentlemen.

  • @HigginsLawLLCWinterHaven
    @HigginsLawLLCWinterHaven 8 місяців тому

    coordinate with exit tax?

  • @MikeMinervini
    @MikeMinervini 8 місяців тому +2

    Wow you know the term "node operator". I officially trust you sir.

  • @dfabove9108
    @dfabove9108 8 місяців тому

    Thank You !

  • @Derek-bg6rg
    @Derek-bg6rg 8 місяців тому

    It would be great if you had a deep dive on the AMX98K

  • @borngreat8962
    @borngreat8962 8 місяців тому

    Yea you were not exactly right on #8 hardware wallet. You don’t need your hardware wallet to access the crypto there. As long as you have the seed phrase you can restore the content of a hardware wallet to a new one without needing physical possession of that hardware wallet - the key is the 12, 14, 20 or 24 word seed phrase.

  • @johnpittman7095
    @johnpittman7095 8 місяців тому +1

    NOT YO KEYS....AINT YO CHEESE! you do not own bitcoin until you take self custody & have a UTXO on the blockchain.

  • @GoAwayFO
    @GoAwayFO 8 місяців тому

    Think not. When I did my taxes a question is do you have money in a crypto account

  • @profitpunks5865
    @profitpunks5865 8 місяців тому +2

    Chat gpt is about to make their pricing a lot more competitive 😂
    I’d just hold and sell at a long term capital gain, buy some real estate in the same year and take all the deductions you can. IMO

    • @tonynoel2292
      @tonynoel2292 8 місяців тому

      someday if you hold bitcoin i guess you can use it slowly to eat somewere

  • @carlosbrown4644
    @carlosbrown4644 8 місяців тому

    I’m new in crypto..How often do you pay crypto taxes after selling any assets over $10,000?

  • @gandolfgrey5385
    @gandolfgrey5385 8 місяців тому

    What? Lost a hardware device and can't get crypto? Did they lose their seed phrase?

  • @JillianGuinta
    @JillianGuinta 2 місяці тому

    This is such great info!!! Hypothetically speaking, would there be a limit on how many times you can use the wash sale rule for crypto in a year? Also, let’s say you sold on a decline and it fell more before you reinvested. Would that nullify it? Thanks :)

  • @cblackmail
    @cblackmail 8 місяців тому

    How can you invest with someone who hasn't seen all the John Wick franchise movies. Wow mind blown! LOL

  • @JedediahOkonski
    @JedediahOkonski 8 місяців тому +1

    ADA is the safest 30x from now to 2025. AMC200F$ is the 1000x gem ready to shock the market

  • @davidmercer5561
    @davidmercer5561 8 місяців тому +1

    If you lose or damage your hardware wallet. You can still recover your crypto on a new device using your seed phrase.

  • @robertbrady3783
    @robertbrady3783 6 місяців тому

    Bitcoin, when someone held bitcoin for 4 or more years has never lost their wealth. No matter what price you paid, when held for 4 or more years you will not lose. Bitcoin runs in 4 year cycles beginning with each halving. All other crypto is gambling.

  • @quartamile
    @quartamile 6 місяців тому

    What about buying American Eagle gold coins with crypto, then selling those coins for fiat? I'm told this is a tax free off ramp.

  • @ChristianATemple
    @ChristianATemple 8 місяців тому

    The John Wick bit earned my 'Like'

  • @CRpatriot
    @CRpatriot 7 місяців тому

    Why are your videos so choppy? 🤦🏻‍♀️ sorry I’m trying to listen, and learn but then I get ADD. 🤷🏻‍♀️