If someone tell you don't sell your coin because fiat is inflationary, don't listen to them or you'll end up bag holding, price goes up and down, bull market won't last forever so its better to sell and buy back during bear market, but to hold some forever does not sound to bad with kaspa.
Your thoughtful approach to explaining the topic made it so easy to understand. I really appreciate the effort you put into making such high-quality content-thank you for sharing it !
Positive video 😊. Just a little constructive criticism, check your spreadsheet. If you continue to grow your bag your avg. cost increases. Also your debt never goes away. You learn to manage debt, by living within one’s means. A house isn’t passive income. Rental property is passive income. Finance is abroad subject. We all need much to learn. DYOR and get professional help when needed.
Yes the spreadsheet I forgot to change the average cost when I made changes but my personal spreadsheet does this for me. I was just trying to get the idea across. Yes of course clearing debt doesn’t create passive income it increases your active income you can use. But you could turn your house into a rental. The point is clearing debt increases your income.
I plan to hold majority of my Kaspa well into the 2030s, and I have a very large bag. There is no point in selling it unless you need the money, it will only go up in value with time and fiat inflation. I would disagree a bit about getting rid of debt though, it depends on the debt and interest rate. I have a mortgage on my house with under 3% interest, there is absolutely no reason for me to rush to get rid of it when I can borrow tax free against the equity and roll it into other income/value producing assets.
Mine is going to be 6%. That’s the only thing I could see myself using the profits for which will then free up a good chunk of money for me a month to invest more.
Can you make a video on how to "actually" take profits? And by that I mean, if the Kas is on a cold storage wallet, and let's say Kas price goes to $5 and you want to sell 100% (hypothetically), so now what? How and where do you move that Kas to, what exchanges do you use, do you swap to stable coins or just sell directly for fiat, how to avoid freezes, etc. Thank you!
More exchanges would be available if Kaspa ever got to those heights. Right now there aren’t much good ones and would involve a good bit of fees. You have swaps or uphold pretty much for the US.
@@KaspaSilver I heard that moving or swapping anything more than $10k, or sometimes lower, triggers freezes and security issues with CEX's. So wondering how to get around that. Thanks!
I don't have any debt. I don't have any specific price targets for selling Kaspa at the current moment. My plan is to start selling portions of my bag only after Kaspa is listed on one of the major exchanges. No one knows yet at this current moment what the price of Kaspa will be when it finally gets listed on a major exchange. I will gauge the price of Kaspa when the announcement for a major exchange listing is made. Then I can calibrate price targets in relationship to the timing of the actual listing on a major exchange. I can't imagine selling 150K Kaspa at .25 without even an announcement of a major listing. I mean, I understand not missing out on taking profits, but I would rather end up holding more Kaspa in the end than lowballing myself by selling too soon at a lower price just to pay off a manageable debt that I can pay off even without using Kaspa. Everyone's financial situation is different, I know
@@KaspaSilver Yeah, I understand the point of your video, to show your plan and give a basic guideline to help others think about their own plans. Thank You 👍
Another potentially better way of doing this is to borrow against your kaspa instead of selling it. As long as the value of kaspa appreciates faster than inflation + the % your living expenses is of your kaspa bag you can borrow and never sell and never pay taxes. Eg. If you have $1m of kaspa and can live off of $100k per year. You can borrow $100k secured by your kaspa and not pay taxes on the loan. The next year as long as kaspa appreciates by more than inflation (eg 10% plus $10% living expenses), you can borrow enough to pay off the previous years loan and live off the balance of the laon. Eg Kaspa grows by 30%; year 2 borrow 16% of kaspa $1.3m value or $210k. You pay off the previous years $100k and live off the inflation adjusted $110k left of the loan. Year 3: 30% growth = $1.69m x 19% loan = 331k. Pay previous year loan of $210k and live off of the $121k.. and so on.. eventually the value of kaspa via compounded gains outpaces the Cost of living and the % borrowed stableizes, and you dont have to borrow an increasing % of the value of your kaspa. Loans are not taxable so while you're spending the value of your kaspa, you never sell it and the higher bag value continues to grow compounded. Why better than selling plus $0 taxes!! At the very end, your estate may have to finally liquidate the 10% or so of your kaspa to pay the final loan and pay taxes on it but that could be mitigated with life insurance and proper estate planning. Follow me for more! Lol. I dont have a channel, i'm just a CPA with 35 years of financial analysis experience and know this shit.
It depends on a lot of factors because everyone financial situation is different. I’m just sharing my plan to maybe inspire some people to formulate some kind of plan.
THIS IS APPROACH IS BEAUTIFUL!! I’ve been watching a lot of Dave Ramsey lately and am so grateful you view the use of Kaspa in this way to pay off debt or to reinvest! I literally only see my Kaspa bag as a possibility to buy a house or live off of it as a missionary. I paid off my debt this year so that Kaspa is only getting reinvested till the time is right 😎
1) set sell targets below round numbers like 0.248 instead 0.25 2) DCA selling is OK but dont do it with same amount .. there is high probabilty that KAS reach more than $0.5 so get your investment back sooner + taxes + some small profit. And sell more after $0.5. If you think the max KAS price could be around $1.5 then sell more KAS around this number 3) never sell everything :) if you keep last 100k then sell continously by less and less amounts
Debating if I wait for $30 (years down the line) or double my "initial" for a wait on $15, time is no issue for me however my fear is will it EVER get that high in the first place?
@KaspaSilver if interest rates decrease and money supply inevitably ends up increasing which will lead to raise in your wages it's probably better to hold your $KAS bag than use it to pay off debt. My reasoning is the the loan repayments will get cheaper in a low interest rate environment but $KAS following the power law should appreciate against fiat.
They will only get cheaper if I refinance which requires a good bit of cash up front. It will also take a few years before they get to a level I would want to refinance into a lower interest % I’m not gonna rely on the power law I just wanna focus on bettering myself financially to give me more income to use for investing and saving. I’m going to continue buying Kaspa every week even after a profit is taken for the foreseeable future.
@@KaspaSilver ok cool. Thank you. I got in Kaspa at 15 cent . I want to trade futures on Kaspa . At what price would you say it’s a good entry point to do a 50X leverage?
Depending on how the interest rate is on your house...if its around 3 to 4 %...you should not pay off the house...you can make more $$$ investing that $ in something else...
Yes, and no. Simply because it's easier said than done. What is that something else that would be worth it for sure? I think also it depends on your financial situation. For me personally, I am young so I have a lot of time if the Lord allows it. Therefore if I get rid of my mortgage I will have even more money to invest now and have it compound over time. The goal should be though that you are always investing something for the long run.
I agree, my rate is 3%. If we have good run, I plan on investing in multi unit real estate. So I would rather use cash for that to avoid today’s much higher rates, than pay off my 3% mortgage.
Every person has a different situation let’s be honest, some invested in crypto to buy a house and some did it to retire their parents. Whatever the case is, some will sell 100% of their bag to fulfill that goal. I’m not saying they should do that it’s up to that person of course. My strategy is 60% selling and 40% hodling.
100% it'll hit 1$ and still at 1$ is a good investment but smart thing would be to wait till it hits 10$ , 1000$ at 1$ per coin if sold at 10$ profit 10,000$ , actually 9000$. I'm not selling till it hits 10$. I believe in long run. 15$ max it will hit in 7 years. I only have 1000 kaspa coins. I'm looking into part time job to invest into Kaspa. I want to buy 100 to 500 kaspa each month like a phone bill.
I'm new to exit liquidity ! so bruh, will you reaccumulate kaspa again in bear market ? also every crypto is co related to bitcoin, is it true that when bitcoin tops the market is it the sign to sell all your altcoins immediately ? Let me know, how it works. thanks in advance awaiting your response !
@@RZD7whitesoul It’s a smart move to think about reaccumulating during a bear market if you believe in the long-term potential of Kaspa. Markets can be volatile, but bear markets often present opportunities to buy at lower prices. You're right-many altcoins are correlated with Bitcoin because Bitcoin often leads the market. When Bitcoin reaches a peak, it can influence the performance of altcoins.
@@RZD7whitesoulNobody knows the alt, so set a profit target, yes absolutely every crypto follows bitcoin, but who will know how much a bitcoin can reach it's all time high, so take it when necessary. Maybe, just maybe, bitcoin will go up to 120-150k,
I'm new to exit liquidity ! so bruh, will you reaccumulate kaspa again in bear market ? also every crypto is co related to bitcoin, is it true that when bitcoin tops the market is it the sign to sell all your altcoins immediately ? Let me know, how it works. thanks in advance awaiting your response !
Nice vid. Little confused however with the last few minutes. You said, you could keep accumulating from 250k to 350k yet your average price remained as is, thus throwing out every other calculation.
Yes that is correct I missed to adjust those calculations. You at least get the idea of my strategy. On my personal spread sheet it has every buy and all the numbers adjust on its own once I enter in a new buy including that average cost.
@@KaspaSilver Roger. I understand now. Was looking at doing something similar so it slides as I continue to buy as sadly those 0.03 buys are long gone. I miss them. Haha.
So if I make under a certain amount of money annually and I made let’s say over 1 million this bull run and held for over one year. I would pay 0 taxes on it? Am I hearing this right? 3:55
No I worded it wrong actually. Capital gains don’t push your ordinary income tax bracket but would push your long term capital gain tax. So if you made 0 working income and earned 1 million dollars in long term capital gains you will be in the 20% bracket still actually. If you sold less than a year then you will be taxed at 37% since it counts as ordinary income when you don’t sell after the year.
No. If you sell your kaspa and realize gains over the $45k ish limit, you will pay taxes of 15% on that gain (plus state taxes where applicable). See my comment today for an explanation on how not to pay taxes..
The % you pay is dependent on the amount you make of income plus how long you held the investment. You hold for 1 year now your profits are no longer included with your income so it doesn’t move your % you pay anymore like it would with short term capital gains. The working income you made determines if it’s 0 15 or 20%. But let me double check again. Most people fall in 15% though. (I checked and I see what you saying. Long term doesn’t affect ordinary income tax bracket but is added to your total gross income which will move your long term tax bracket higher.)
I think it’s better to just stack digital gold and silver (kas and btc) instead. Land is always good to have yet it’s something that can be forcefully taken away from you sadly.
At the moment I will be buying the top forever. I dollar cost averaging always. The only reason to change this is if something fundamentally goes wrong with Kaspa.
@@KaspaSilver you miss my point entirely. The retic of not selling, delayed gratification, dont sell your future was very prevalent in that community. Hex did thousands of X's and people refused to take profits or couldn't because they were locked up. Now HEX is down 99% and in the garbage. People NEED to take profits and not listen to FURUs on the Internet or they will be holding the bag for others to profit. Hex and kaspa are not the same, but this story of the next Bitcoin is a story as old as time.
Well no one is saying to never sell the whole purpose of this video is creating a strategy to sell. Hex’s incentives to never sell were horrible with lock ups and fake APY promises. That is not how Kaspa is built and the incentives to keep holding are much better. Kaspa is more than “the next bitcoin” it’s entirely new technology that has never been developed before.
I have heard it too but it’s not just the technology behind it there are other fundamentals that allow it to remain unique. If Kaspa wasn’t fair launched or trying to fix money I wouldn’t be here making videos.
The key is to do what you think is best for your financial situation. This was also an example not something someone should exactly do or what I’m doing.
That one is the biggest trap. It goes to $5-7, so what. With $2 you have enormous profits. You can do your 2-3x in next cycle easily. But you can really mess it up waiting for $5-7. The risk to profit ratio is too high in this case. Absolutely not worth it.
Im holding Kaspa and never selling it, but I will continuously buy and sell every other coin/token, especially memes. Then I will re-invest or take the profits for myself.
I would argue the risks are not worth buying other tokens or memes. Just focus on kas but that is just my thoughts on it. I only focus on Kaspa and bitcoin.
If you look at the DXY during bear market years, it's pumping and it's the best hold during that one year. Please let me know if there's something better
@@KaspaSilver because it was a tiny coin. Small coins pump and dump regardless of what btc does. Now we can see how kas is tied to btc. Of course kas is not any other shitcoin, that's why it didn't collapse and keeps pumping. Every market maker knows that the market will tank sooner or later and they have to take profits. Of course I'm keeping some kaspa, but majority I'm selling in 2025 and buying back in November 2026, trying to trade my way up to more
nice. I have as similar sheet but set up so i can see my dca targets for various coins. then i figure out how much percent of my bag i want to take out at each mc level. Hoping to do well enough in my other plays to pay off my debts and leave my kas bag intact as a 5-10 years saving plan.
According to the Kaspa power law, Kas fair price will be $1 September 2025. If this is roughly true, then we won’t need to worry about price levels so much. Unless you have 5M Kaspa. Simply waiting for 2027 or so lol
personally am holding for the long term and i will keep mining and buying as much KASPA as i can for one long term bag and have another bag for profits when i need emergency cash. There is an analyst named Miko Genno out there who predicted the following: 18 years after the genesis block, by November 2039, the fair value of KAS could reach $1000. Which means a simple 50,000KAS could reach up to $50 million in profit if this prediction comes true by any chance. What are your toughs on this? unrealistic? could it happen? Am i smart for having a long term holding bag?
Those prices are based on a power law which I won’t be following at all. I believe Kaspa will be valued higher the longer it exists but I don’t know prices. No one truly does.
Been struggling with this. Do I sell all and buy back in the bear? Is there going to be an 80% drop in kas in the bear? Do I keep 25% for the long haul. Good insight as always. Thanks brotha!
no one knows. If kaspa performs like eth did, it started $1 and went up to $1,000 the first bull run. when the prices fell, it fell to $100 ish range. and stayed around that range until the next bull run. so if kaspa dips, it might still be a price that’s a lot higher than it is now.
Crypto do not have any intrinsic value like stocks or even gold. As so it is like buying GME like stuff, high risk, high reward. Never put in any crypto more than in a speculative small cap with little to no profit
In my opinion holding fiat and focusing on getting more fiat to hold is high risk. If you would have just held btc the last 15 years you would be much wealthier.
@@KaspaSilver Holding NVDA is even better, but we don't know how is will be in the next 10-20 years. Stocks will probably outperform all other investments over the long run
For sure there are other assets that exist that may perform similar or slightly better but it doesn’t match the security in being able to control and manage your own wealth. NVDA can be easily manipulated and seized from you at any given moment since you are trusting a third party to secure it for you.
You're using $0.03 as you average cost. This is a bad example because anyone coming in now will not get KAS at $0.03 and your hypothetical scenario is unrealistic. Instead you should give example if someone came in at $0.20 even thought price right now is around $0.17 so people can see the vision that coming in now is a great opportunity.
This video was giving my personal strategy to allow others to implement their own strategy based on their numbers. I cannot predict the future and everyone has different situations. The google sheet is available through my patreon so that you can put in your own numbers.
If you are interested in getting the google sheet. You can find it in my private discord by supporting me via my Patreon 👉www.patreon.com/KaspaSilver
If someone tell you don't sell your coin because fiat is inflationary, don't listen to them or you'll end up bag holding, price goes up and down, bull market won't last forever so its better to sell and buy back during bear market, but to hold some forever does not sound to bad with kaspa.
Any other crypto I wouldn’t even suggest investing in. Kaspa is a long term play for me in my opinion and unique to all other coins.
I agree 100% something could go wrong & things change every cycle, I might hold a bit but I'm taking most in profits
I'm holding 10000 k kaspa until Bull peak 2028
@@rasbighigh5146 a day?
Estou segurando 7000 mil Kaspa
While scandals abound amongst the influencers...KS remains true and pristine. Great information. Thanks and congrats!
this was a brilliant pov from you. thanks a lot fam. much love from SEAsia
loved this! still my favorite kaspa creator
Your thoughtful approach to explaining the topic made it so easy to understand. I really appreciate the effort you put into making such high-quality content-thank you for sharing it !
I appreciate the support! 🫡
Thanks for making that chart. I’ll make one similar fit myself now. Great content as always
Think $2-3 could be a fair bullrun prediction
Good stuff, bro.
Positive video 😊. Just a little constructive criticism, check your spreadsheet. If you continue to grow your bag your avg. cost increases. Also your debt never goes away. You learn to manage debt, by living within one’s means. A house isn’t passive income. Rental property is passive income. Finance is abroad subject. We all need much to learn. DYOR and get professional help when needed.
Yes the spreadsheet I forgot to change the average cost when I made changes but my personal spreadsheet does this for me. I was just trying to get the idea across. Yes of course clearing debt doesn’t create passive income it increases your active income you can use. But you could turn your house into a rental. The point is clearing debt increases your income.
Interesting video!
I plan to hold majority of my Kaspa well into the 2030s, and I have a very large bag. There is no point in selling it unless you need the money, it will only go up in value with time and fiat inflation.
I would disagree a bit about getting rid of debt though, it depends on the debt and interest rate. I have a mortgage on my house with under 3% interest, there is absolutely no reason for me to rush to get rid of it when I can borrow tax free against the equity and roll it into other income/value producing assets.
Mine is going to be 6%. That’s the only thing I could see myself using the profits for which will then free up a good chunk of money for me a month to invest more.
Can you make a video on how to "actually" take profits? And by that I mean, if the Kas is on a cold storage wallet, and let's say Kas price goes to $5 and you want to sell 100% (hypothetically), so now what? How and where do you move that Kas to, what exchanges do you use, do you swap to stable coins or just sell directly for fiat, how to avoid freezes, etc.
Thank you!
More exchanges would be available if Kaspa ever got to those heights. Right now there aren’t much good ones and would involve a good bit of fees. You have swaps or uphold pretty much for the US.
@@KaspaSilver I heard that moving or swapping anything more than $10k, or sometimes lower, triggers freezes and security issues with CEX's. So wondering how to get around that. Thanks!
I don't have any debt. I don't have any specific price targets for selling Kaspa at the current moment. My plan is to start selling portions of my bag only after Kaspa is listed on one of the major exchanges. No one knows yet at this current moment what the price of Kaspa will be when it finally gets listed on a major exchange. I will gauge the price of Kaspa when the announcement for a major exchange listing is made. Then I can calibrate price targets in relationship to the timing of the actual listing on a major exchange. I can't imagine selling 150K Kaspa at .25 without even an announcement of a major listing. I mean, I understand not missing out on taking profits, but I would rather end up holding more Kaspa in the end than lowballing myself by selling too soon at a lower price just to pay off a manageable debt that I can pay off even without using Kaspa. Everyone's financial situation is different, I know
Yeah, a lot of factors go into it. I just gave a very basic example to showcase how I’m approaching it.
@@KaspaSilver Yeah, I understand the point of your video, to show your plan and give a basic guideline to help others think about their own plans. Thank You 👍
Another potentially better way of doing this is to borrow against your kaspa instead of selling it. As long as the value of kaspa appreciates faster than inflation + the % your living expenses is of your kaspa bag you can borrow and never sell and never pay taxes. Eg. If you have $1m of kaspa and can live off of $100k per year. You can borrow $100k secured by your kaspa and not pay taxes on the loan. The next year as long as kaspa appreciates by more than inflation (eg 10% plus $10% living expenses), you can borrow enough to pay off the previous years loan and live off the balance of the laon. Eg Kaspa grows by 30%; year 2 borrow 16% of kaspa $1.3m value or $210k. You pay off the previous years $100k and live off the inflation adjusted $110k left of the loan. Year 3: 30% growth = $1.69m x 19% loan = 331k. Pay previous year loan of $210k and live off of the $121k.. and so on.. eventually the value of kaspa via compounded gains outpaces the Cost of living and the % borrowed stableizes, and you dont have to borrow an increasing % of the value of your kaspa. Loans are not taxable so while you're spending the value of your kaspa, you never sell it and the higher bag value continues to grow compounded. Why better than selling plus $0 taxes!! At the very end, your estate may have to finally liquidate the 10% or so of your kaspa to pay the final loan and pay taxes on it but that could be mitigated with life insurance and proper estate planning. Follow me for more! Lol. I dont have a channel, i'm just a CPA with 35 years of financial analysis experience and know this shit.
Thanks for the insights! Really helpful.
where should i store coins in safe place for long time , a way from hachers
Ranking Kaspa Wallets You Should Use
ua-cam.com/video/QfwAyw0v4RE/v-deo.html
Strong advice 🙏
it depends what's your avg buy price...
It depends on a lot of factors because everyone financial situation is different. I’m just sharing my plan to maybe inspire some people to formulate some kind of plan.
All T1 exchanges & KRC20 + BTC price
Many factors to take into place when selling not just a price target or average 🎯
What's the best cold storage?
Look into Tangem or Ledger
THIS IS APPROACH IS BEAUTIFUL!! I’ve been watching a lot of Dave Ramsey lately and am so grateful you view the use of Kaspa in this way to pay off debt or to reinvest! I literally only see my Kaspa bag as a possibility to buy a house or live off of it as a missionary. I paid off my debt this year so that Kaspa is only getting reinvested till the time is right 😎
1) set sell targets below round numbers like 0.248 instead 0.25
2) DCA selling is OK but dont do it with same amount .. there is high probabilty that KAS reach more than $0.5 so get your investment back sooner + taxes + some small profit. And sell more after $0.5. If you think the max KAS price could be around $1.5 then sell more KAS around this number
3) never sell everything :) if you keep last 100k then sell continously by less and less amounts
Is it possible to get a copy of your excel spreadsheet to use for my own exit strategy? 🙏🏽
Debating if I wait for $30 (years down the line) or double my "initial" for a wait on $15, time is no issue for me however my fear is will it EVER get that high in the first place?
GOOD VIDEO
@KaspaSilver if interest rates decrease and money supply inevitably ends up increasing which will lead to raise in your wages it's probably better to hold your $KAS bag than use it to pay off debt.
My reasoning is the the loan repayments will get cheaper in a low interest rate environment but $KAS following the power law should appreciate against fiat.
They will only get cheaper if I refinance which requires a good bit of cash up front. It will also take a few years before they get to a level I would want to refinance into a lower interest %
I’m not gonna rely on the power law I just wanna focus on bettering myself financially to give me more income to use for investing and saving. I’m going to continue buying Kaspa every week even after a profit is taken for the foreseeable future.
@@KaspaSilver More power to you sir 🍻
What do you think about staking your money in a crypto? Which one would your stake your money in
I would avoid it. The performance of quality crypto usually outperforms staking APY. It’s not worth the risk for me.
@@KaspaSilver ok cool. Thank you. I got in Kaspa at 15 cent . I want to trade futures on Kaspa . At what price would you say it’s a good entry point to do a 50X leverage?
I don’t mess with trading either. You are most likely better off dollar cost averaging and holding long term. That’s my strategy.
What would be price prediction for bitcoin, kaspa for this bull run ? I will be glad if someone can answer !
Depending on how the interest rate is on your house...if its around 3 to 4 %...you should not pay off the house...you can make more $$$ investing that $ in something else...
Yes, and no. Simply because it's easier said than done. What is that something else that would be worth it for sure? I think also it depends on your financial situation. For me personally, I am young so I have a lot of time if the Lord allows it. Therefore if I get rid of my mortgage I will have even more money to invest now and have it compound over time. The goal should be though that you are always investing something for the long run.
reduce personal debt is #1 goal.
Owing nothing to anyone and owning your house free and clear sets you free and allows you to maximize the benefit of your income
I agree, my rate is 3%. If we have good run, I plan on investing in multi unit real estate. So I would rather use cash for that to avoid today’s much higher rates, than pay off my 3% mortgage.
I've given up trying to get a Kasper tangem wallet. They are ALWAYS sold out. And preorder button NEVER works😢
Awesome awesome video
Thank you I’m glad you enjoyed it 🫡
Every person has a different situation let’s be honest, some invested in crypto to buy a house and some did it to retire their parents. Whatever the case is, some will sell 100% of their bag to fulfill that goal. I’m not saying they should do that it’s up to that person of course. My strategy is 60% selling and 40% hodling.
Another reason is to completely leave the fiat system. I rather keep more in Kaspa than fiat.
Imagine selling that much at 1-2$ then watching it go to 5-7$
Many will get wrecked like people who sold BTC at 100$
100% it'll hit 1$ and still at 1$ is a good investment but smart thing would be to wait till it hits 10$ , 1000$ at 1$ per coin if sold at 10$ profit 10,000$ , actually 9000$. I'm not selling till it hits 10$. I believe in long run. 15$ max it will hit in 7 years. I only have 1000 kaspa coins. I'm looking into part time job to invest into Kaspa. I want to buy 100 to 500 kaspa each month like a phone bill.
I will take 10% at $1.25, another 30% at $1.60, another 50% at 1.95 and keep remaining 10% for next bullrun
I'm new to exit liquidity ! so bruh, will you reaccumulate kaspa again in bear market ? also every crypto is co related to bitcoin, is it true that when bitcoin tops the market is it the sign to sell all your altcoins immediately ? Let me know, how it works. thanks in advance awaiting your response !
@@RZD7whitesoul It’s a smart move to think about reaccumulating during a bear market if you believe in the long-term potential of Kaspa. Markets can be volatile, but bear markets often present opportunities to buy at lower prices.
You're right-many altcoins are correlated with Bitcoin because Bitcoin often leads the market. When Bitcoin reaches a peak, it can influence the performance of altcoins.
And what if it never goes beyond 1 dollar? You fukked.
@@RZD7whitesoulNobody knows the alt, so set a profit target, yes absolutely every crypto follows bitcoin, but who will know how much a bitcoin can reach it's all time high, so take it when necessary. Maybe, just maybe, bitcoin will go up to 120-150k,
What if it never reaches 1.25$?
My plan is to sell 25% at $1 and then 10% at ever $1 point after that...
Then buy a house for cash...
I'm new to exit liquidity ! so bruh, will you reaccumulate kaspa again in bear market ? also every crypto is co related to bitcoin, is it true that when bitcoin tops the market is it the sign to sell all your altcoins immediately ? Let me know, how it works. thanks in advance awaiting your response !
Yes sell at the peak or somewhere at the top the about 8 to 10 months time rebuying at the bottom
@@rasbighigh5146 thanks for the reply bro, what's will be the bitcoin top any price prediction?
@@rasbighigh5146 thanx !
Can you drop this spreadsheet?!?!?
Spreadsheet is within my private discord which you can get access to via supporting me on patreon.
I think a realistic price prediction is$0.50-$1.
Nice vid. Little confused however with the last few minutes. You said, you could keep accumulating from 250k to 350k yet your average price remained as is, thus throwing out every other calculation.
Yes that is correct I missed to adjust those calculations. You at least get the idea of my strategy. On my personal spread sheet it has every buy and all the numbers adjust on its own once I enter in a new buy including that average cost.
@@KaspaSilver Roger. I understand now. Was looking at doing something similar so it slides as I continue to buy as sadly those 0.03 buys are long gone. I miss them. Haha.
For real those were nice days. My average is about 4c now
So if I make under a certain amount of money annually and I made let’s say over 1 million this bull run and held for over one year. I would pay 0 taxes on it? Am I hearing this right? 3:55
No I worded it wrong actually. Capital gains don’t push your ordinary income tax bracket but would push your long term capital gain tax. So if you made 0 working income and earned 1 million dollars in long term capital gains you will be in the 20% bracket still actually. If you sold less than a year then you will be taxed at 37% since it counts as ordinary income when you don’t sell after the year.
No. If you sell your kaspa and realize gains over the $45k ish limit, you will pay taxes of 15% on that gain (plus state taxes where applicable). See my comment today for an explanation on how not to pay taxes..
The % you pay is dependent on the amount you make of income plus how long you held the investment. You hold for 1 year now your profits are no longer included with your income so it doesn’t move your % you pay anymore like it would with short term capital gains. The working income you made determines if it’s 0 15 or 20%. But let me double check again. Most people fall in 15% though. (I checked and I see what you saying. Long term doesn’t affect ordinary income tax bracket but is added to your total gross income which will move your long term tax bracket higher.)
Good morning,God is good 🙏
Nice🔥
a year from now I am going to start trading my coins for silver and gold bullion. then land
I think it’s better to just stack digital gold and silver (kas and btc) instead. Land is always good to have yet it’s something that can be forcefully taken away from you sadly.
🎉🎉
At which price will you stop buying KAS?
At the moment I will be buying the top forever. I dollar cost averaging always. The only reason to change this is if something fundamentally goes wrong with Kaspa.
Great video. Can you please drop the spreadsheet in the chat? Thanks
Spreadsheet is available in my private discord via a patreon support.
@@KaspaSilver ok, cool. I guess I will have to join. Thanks, for your reply.
Nothing wrong with debt.
You are right there is good debt and bad debt but getting rid of existing debt 100% of the time gives you more money in your pocket every month.
Good thing about crypto debt is the buck stops at the seed phrase after you have passed into the digital afterlife😂
H O D L 🍀🌪️
What is your end of 2024 price prediction for Kaspa?
$10 in the peak
Take profits.. look what happened to the Hex community
😂 you can’t compare Kaspa to Hex come on now.
@@KaspaSilver you miss my point entirely. The retic of not selling, delayed gratification, dont sell your future was very prevalent in that community. Hex did thousands of X's and people refused to take profits or couldn't because they were locked up. Now HEX is down 99% and in the garbage. People NEED to take profits and not listen to FURUs on the Internet or they will be holding the bag for others to profit. Hex and kaspa are not the same, but this story of the next Bitcoin is a story as old as time.
Well no one is saying to never sell the whole purpose of this video is creating a strategy to sell. Hex’s incentives to never sell were horrible with lock ups and fake APY promises. That is not how Kaspa is built and the incentives to keep holding are much better. Kaspa is more than “the next bitcoin” it’s entirely new technology that has never been developed before.
@@KaspaSilver I'm a big kaspa holder and believe it will do numbers but this new technology talk is something I've heard way too often in crypto.
I have heard it too but it’s not just the technology behind it there are other fundamentals that allow it to remain unique. If Kaspa wasn’t fair launched or trying to fix money I wouldn’t be here making videos.
Imagine selling that much at 1-2$ then watching it go to 5-7$
Many will get wrecked like people who sold BTC at 100$
The key is to do what you think is best for your financial situation. This was also an example not something someone should exactly do or what I’m doing.
That one is the biggest trap. It goes to $5-7, so what. With $2 you have enormous profits. You can do your 2-3x in next cycle easily. But you can really mess it up waiting for $5-7. The risk to profit ratio is too high in this case. Absolutely not worth it.
Im holding Kaspa and never selling it, but I will continuously buy and sell every other coin/token, especially memes. Then I will re-invest or take the profits for myself.
I would argue the risks are not worth buying other tokens or memes. Just focus on kas but that is just my thoughts on it. I only focus on Kaspa and bitcoin.
@@KaspaSilver True. I have a promising bag in Kas, so at this point im not worried. I just gamble with the other sh!tcoins to put it back in Kas.
@@OutttaPocketttdo not trade memes. or else you will learn the hard way
Minimum Price for Kaspa in Peak of Bull Run?
2.10 dollar
@@mehrdaddavani3532 is that possible that Kaspa hit $2.10 ?
@@mehrdaddavani3532I think a safe bet is to say $1.05 to $1.65, but bull $2.10-$3.85
If you look at the DXY during bear market years, it's pumping and it's the best hold during that one year. Please let me know if there's something better
Kaspa was outperforming everything pretty much during the past bear market
@@KaspaSilver because it was a tiny coin. Small coins pump and dump regardless of what btc does. Now we can see how kas is tied to btc. Of course kas is not any other shitcoin, that's why it didn't collapse and keeps pumping. Every market maker knows that the market will tank sooner or later and they have to take profits. Of course I'm keeping some kaspa, but majority I'm selling in 2025 and buying back in November 2026, trying to trade my way up to more
Deflationary???
Yes, there are less new coins being created every month and there are coins being lost forever every year.
@@KaspaSilver Lost as in locked to an account/wallet that is no longer accessible or lost as in being burnt?
Lost by locked in wallets etc, kaspa is non inflationary not deflationary
The supply is deflationary because of this. Meaning over time the available supply decreases.
nice. I have as similar sheet but set up so i can see my dca targets for various coins. then i figure out how much percent of my bag i want to take out at each mc level. Hoping to do well enough in my other plays to pay off my debts and leave my kas bag intact as a 5-10 years saving plan.
According to the Kaspa power law, Kas fair price will be $1 September 2025. If this is roughly true, then we won’t need to worry about price levels so much. Unless you have 5M Kaspa.
Simply waiting for 2027 or so lol
I’m not going to rely on the power law at all. The range allows the price to be drastically different than the fair price.
I think Kraken, Binance listings, Krc20, can do until the end of 2024 or beginning of 2025 atleast 1$
@@KaspaSilver yes its a good point
personally am holding for the long term and i will keep mining and buying as much KASPA as i can for one long term bag and have another bag for profits when i need emergency cash. There is an analyst named Miko Genno out there who predicted the following: 18 years after the genesis block, by November 2039, the fair value of KAS could reach $1000. Which means a simple 50,000KAS could reach up to $50 million in profit if this prediction comes true by any chance. What are your toughs on this? unrealistic? could it happen? Am i smart for having a long term holding bag?
Those prices are based on a power law which I won’t be following at all. I believe Kaspa will be valued higher the longer it exists but I don’t know prices. No one truly does.
Been struggling with this. Do I sell all and buy back in the bear? Is there going to be an 80% drop in kas in the bear? Do I keep 25% for the long haul.
Good insight as always. Thanks brotha!
no one knows. If kaspa performs like eth did, it started $1 and went up to $1,000 the first bull run. when the prices fell, it fell to $100 ish range. and stayed around that range until the next bull run. so if kaspa dips, it might still be a price that’s a lot higher than it is now.
@@koohryI dream the long term kaspa chart looks like eths, buy low sell high and repeat and we’re set for life
Hi
All T1 exchanges & KRC20 + BTC price
Many factors to take into place when selling not just a price target 🎯
Yup I agree.
Crypto do not have any intrinsic value like stocks or even gold. As so it is like buying GME like stuff, high risk, high reward. Never put in any crypto more than in a speculative small cap with little to no profit
You are right but things like Kaspa or Btc are not crypto.
@@KaspaSilver digital currency, digital gold, crypto - doesn't matter how you name it
In my opinion holding fiat and focusing on getting more fiat to hold is high risk. If you would have just held btc the last 15 years you would be much wealthier.
@@KaspaSilver Holding NVDA is even better, but we don't know how is will be in the next 10-20 years. Stocks will probably outperform all other investments over the long run
For sure there are other assets that exist that may perform similar or slightly better but it doesn’t match the security in being able to control and manage your own wealth. NVDA can be easily manipulated and seized from you at any given moment since you are trusting a third party to secure it for you.
i will sell at 5 dollars
Same
2$ is FUD
Lol have fun being exit liquidity
@@AS-qj5eh goodluck on your 2 dollar sell. 😂
Algo
You're using $0.03 as you average cost.
This is a bad example because anyone coming in now will not get KAS at $0.03 and your hypothetical scenario is unrealistic.
Instead you should give example if someone came in at $0.20 even thought price right now is around $0.17 so people can see the vision that coming in now is a great opportunity.
This video was giving my personal strategy to allow others to implement their own strategy based on their numbers. I cannot predict the future and everyone has different situations. The google sheet is available through my patreon so that you can put in your own numbers.
you should not have videos like this. you give crypto a scamming bad name.
Elaborate cause this doesn’t really make sense what you saying here.