The world has turned on its arse during the last 12 - 14 months and while many think it's about to roll over on its back and let us rub its belly I think it's going to be far from a rosy as the insolvency event plays out. Regardless of the amount of stimulus and money printing, you cannot make debts go away and you cannot turn a zombie company into a solvent one.
Having such a difficult investing landscape with the US stock markets at all-time highs, European stock markets pretty much flat since the early 2000s and the Japanse stock market mostly owned by the BOJ, we as investors need to be savvy and move further out the risk curve to find opportunities.
I've personally not pulled the trigger on plays yet as I continue to do my research and watch how the market unfolds, in fact, I've been increasing my cash position substantially so I have enough dry powder to pull the trigger as markets hopefully correct, deflation occurs in other markets and new opportunities show up.
Forex
As a South African, I don't have the luxury of time when it comes to holding cash as our currency devalues pretty rapidly so what I have done, is started to purchase some USD and EUR to offset my cash position this is in traditional fiat and stable coins.
Alt Coin Consolidation
I've purchased a bunch of altcoins, some for staking and some due to their market sentiment and which I feel have enough behind them to pump during the altcoin season. Once we have that run, I am to consolidate, by selling my altcoin positions and parking those returns in 50% BTC and 50% Stable coins.
I'll then park those returns in a staking platform to allow it to compound as I wait for altcoin correction to play out.
The shift from growth to value
I've been looking at certain value plays while the market mostly focuses on growth stocks like FANGS. The market for tech plays are seriously overbought and it takes a tonne of research to find good companies. I was looking at gold mining stocks but there's a fair bit of fraud going on in that market at the moment which is putting me off.
I am looking at Brazilain lumber stocks, the companies have some solid balance sheets, and dividents but I am unsure about their currency so that's a position ill need to size up.
I'm also debating on getting into investing in India, there are some strong tech companies coming out of the region, they have excellent demographics, a skilled labour market, affordable labour and I think they are going to take over from where China left off.
I am still not to keen on Modi and the unrest he brings to the country but I still think its worth the risk, so I'm looking at tech plays in the region that can scale with a population all to ready to support it.
In terms of index's, I am looking at the Nikkei which is heavily valued biased and looks like a good hedge to be in once the move to value picks up.
Diversifying into metals
I will need to rebalance my portfolio soon as I dilute my positions in crypto.
I do want to take a position in metals both bullion and kruggarands just to have an additional hedge as I build out my portfolio. Cash is great for liquidity but I also would feel more comfortable having at least a 10% allocation to metals.
Overall, I've been pretty aggressive so for the year I am aiming for a 9-15% increase in my net worth in 2021.
My Prediction for HIVE and LEO
When I look at the capital flowing into Bitcoin it's far more than we had in 2017 and once sentiment kicks in that BTC are overbought and that good old unit bias kicks in the cheap hot altcoin narrative will take over and we'll see the "unloved" tokens start to absorb demand.
Since many of these tokens are pretty illiquid and people are pretty price insensitive during these times, I am targetting an ATH for having at $4 USD and LEO at around $2.50.
Of course, I am pulling this figure right out my arse, but I think its pretty reasonable considering STEEM was able to peak at $8 in the 2017 run.
Have your say
What do you good people of HIVE think?
So have at it my Jessies! If you don't have something to comment, comment "I am a Jessie."
Let's connect
If you liked this post, sprinkle it with an upvote or esteem and if you don't already, consider following me @chekohler and subscribe to my fanbase
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Posted Using LeoFinance Beta
Many similarities with my own investment strategy, I love the way you talk haha.
But let’s talk about differences it’s funnier ;)
Being a European citizen I have a strong bias against EUR and I see it collapse in a not so far future, I would feel more comfortable with CHF than EUR.
Regarding gold and miners, not arguing there is some manipulation but hey there is everywhere :)
With that level of gold price and an AISC below 1000 for such a long period of time, cash-flow is exploding, they won’t know what to do with it soon :D
Gold miners PE is going to be divided by 2 to 5 depending on the miner/streamer.
Did you have a look at gold streamers ? Personally I’m heavier on streamers than miners now.
I wish you the best for 2021 and hope you reach and go beyond your goals !
Posted Using LeoFinance Beta
Lol it’s all the best of a bad bunch the EUR has had a 10% increase against USD this year but it’s simply because their printing is somewhat restrained due to how the EU is set up
I don’t mind the Franky I owned some back In 2011 but it’s become a shit show and backed by FANG stocks I don’t know what’s gotten into the Swiss central bank they used to be such gold bugs sound money types and now they taking so much risk
I don’t know much about gold I’m still learning never heard about streamers will have to research it and see what the PE is like, thanks for the tip
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For streamers you can start having a look at Franco-Nevada which is considered to be one of the best. From there it will be easy to find more information to comprehend the model.
I bet you’ll fall in love with steaming model :D
Posted Using LeoFinance Beta
"I am a Jessie."
Too knackered after trying to get my head around UK crypto taxes for any intelligent reponse but, none the less, I enjoyed reading your post as always.
Happy New Year to you!!!!
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Yeah those crypto taxes are a nightmare - basically, any time you dispose one crypto for another or fiat for crypto or crypto for fiat, it's a taxable event. Any gains you make above the threshold for one cryptoasset to another will be taxed.
Having said that, unless you've made gains of over £12,300 or whatever the threshold is, you won't need to pay any tax, it's just a question if it needs to be declared and what form you need to fill in to send off to HMRC!
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That's the easy bit I reckon. The regular cryptocurrency I mean.
More tricky is handling my Steem income from blogging without any historical records, or working out how to handle income from Splinterlands where there's DEC earned for every win plus reward cards and cards I've purchased etc. etc. Then there are the cards I've rented and the income and cards received from others who've played my accounts. (insert screaming emoji) 😂
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Haha unfortunately, crypto was just considered gambling a couple of years ago so any gains you made weren't taxable as it was considered "prize money". Then any gains were taxed only when you cashed out to GBP. Now it's everything lol! They really changed their tune this last 3 years the HMRC! I had to trawl through 10 exchanges, put all the transactions together and have over 750 lines of various transactions.
Well, that's where the difference is between classing crypto as income and as an asset. If you're living off your steem earnings now through blogging then you will be subject to income tax. If not then it will be subject to capital gains and so any time you change out a Hive/Steem engine token to another, it's a taxable event unfortunately.
I posted this article a month ago about it and it links to the HMRC site which they also change as and when:
https://leofinance.io/@nickyhavey/capital-gains-tax-and-crypto-in-the-uk
I'm not an accountant by the way haha! If you have a crypto accountant then even better as they can tell you. I'm still unsure as to the exact form to fill in and when and if you need to declare it if below the tax threshold
Posted Using LeoFinance Beta
I'm not living off Steem earnings. I wish. 😁
But I was blogging 4 times a day and earning curation rewards which, from how I understand it is counted as income. My first 1000 Steem was earned that way. Even though I never declared it (as, as you say, it was considered gambling at the time) there will be no tax payable on it because, as a sole trader I had losses that year.
However, it still counts for capital gains although it's unlikely I was anywhere near the threshold. The issue is more the record keeping one for the time when I actually do want to sell it. Or if and when I reach 4x the CG threshold, at which point the gain needs to be reported, if no tax is due.
Anyway, I'm just taking it one step at a time. Right now I'm adding as much data as I can find to Koinly and I'll focus on Steemit and gaming after that. Mmaybe, by the time I get that far HMRC will have changed the rules and made it simpler again. 😂
Posted Using LeoFinance Beta
Judging by what's written on the CryptoAssets for Individuals page - this is a run down of which taxes apply:
So you won't be subject to income tax from blogging on HIVE/STEEM unless you are employed by someone here to do so and they pay you in STEEM/HIVE. It might be considered an airdrop but you'd only have to pay CGT when you dispose of the crypto or use it to pay for something, which you'd need the £ value of at time of disposal:
Another thing to think about is "pooling" where you'd just add each individual crypto in its own separate pool so you don't need to track every transaction and just bundle everything together (although they do say to keep track of every transaction, network fee and exchange fee as this is important in calculating your "allowable costs").
Essentially, any time you dispose of your crypto for ANY reason, make sure you have the following:
Some nice bed time reading for you on that link at the beginning of the comment haha!
Posted Using LeoFinance Beta
😂 I've read the stuff in that link a few times already!
Not sure about the employer bit anymore. I thought the same as you when I first read the documents - "ah. It won't apply to me as I'm not an employee". However, I've since been reading some stuff written by a UK tax advisor/accountant and he talks about receiving crypto income as a freelancer.
His response to a question from a self-employed artist for example was "you sell some art for 1 BTC. That is converted to sterling at that date and goes on your tax return as income and charged as appropriate. When you exchange into fiat a capital gain or loss is calculated as the proceeds less the cost when received as income."
So I think that blogging for crypto might well be counted as income. 😊
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Lol thanks I appreciate you tAking the time and joining the J squad! I think. @nickyhavey is pretty well schooled crypto tax in the UK I have no cooking clue how BJ wants to snatch your Sats!
But if it were me I’d just move it into TGBP and then put it into an interest account should you want to take profits off the table
Well, funny you should say that. I was just reading a discussion of that very thing and I'm not sure it will work. From the mouth of an accountant . . .
"Selling a pegged coin is still a disposal there, (so taxable) just likely no gain".
It's all so complicated and records are so lacking, especially from Steemit, that I've started to find it more amusing than stressful. 😂
Posted Using LeoFinance Beta
LOL I don't think the tax peeps that came up with these laws understand how crypto works, it's not like stocks its constantly moving around and changing, it seems pretty silly to me. thats why I don't even bother to cash out I just put my profits in DAI and BTC and leave it there, and I keep buying BTC so it offsets any gains I get so if I do have to sell I already have a massive amount to offset
Yeah it's BS here mate ever since they changed their approach from "crypto is gambling so anything you get is winnings and non-taxable" to "tax EVERYTHING", it's been a minefield!
Even just moving from one crypto to another (even if it's a stable coin) is a taxable event and you need to work everything out in £.
Posted Using LeoFinance Beta
So is there like a special software they can provide you with because fuck me I am not going to do that, that's way too much work. For me it's easy as long as I don't take out more Rands than I put in, I don't have to worry because I've cashed out a loss for that financial year.
There probably is a program you can use but I haven't stumbled across one yet and it's not on the HMRC site. Pulling data off of 10 exchanges and condensing in to one spreadsheet was a pain in the balls! I don't know how they will monitor all the change addresses that Ledger throws up when you send stuff out from exchanges to the Ledger but I'm operating at a loss in almost all my alts anyway.
It used to be like that in the UK in the in-between gambling and tax-to-death stages - you only got taxed on what you took out to GBP from what you put in.
Posted Using LeoFinance Beta
The alt to bitcoin flip is a good strategy but the timing is difficult. I started dollar cost averaging out of bitcoin at 27k but I’m doing it slowly for now because I think near 40k is still on the table before a big correction. Don’t ask me why. It’s just intuition. I’m buying into hive cause it’s just so unbelievably low. With this level of excitement and a user base which I believe will start to grow now, I think this low price is unsustainable and it will be back to .20 in no time.
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I am still doing a small dollar cost averaging I think that we should hit 100k by the end of the year or sometime this year, it just keeps pumping its buts, I do think the alt coin rally comes at around 40k -50k mark too
0.20 cents would be great thats what id like after this rally is done and we back to bear markets
I get the feeling that some of the US/ UK stocks are quite overvalued ATM, I'm glad I had to sell mine recently to buy my land, kind of forced me into it, but it made my decision for me.
Good time to get into companies in a country like India I think - although I thought that about 5 years ago when I diversified into 'emerging markets' - the return has been positive but unspectacular! Much worse than US and UK stocks.
Difficult to call it!
Posted Using LeoFinance Beta
Well you got what you really wanted, I mean at the end of the day all investments we want to turn it into something tangible we can enjoy
Yeah I agree, its not seen as spectacular returns, but thats because we live in a fantasy land where trading 400x earnings is normal lol. I'll stick with the boring old tortious trading with my unexceptional consistent returns lol
TBH I don't like the chaos of the crypto markets - my preferred growth patter is what Hive's been doing since May - just the inverse - i.e. a steady increase rather than peaking and troughing.
I just see the later as of no benefit to anyone who does anything useful.
Posted Using LeoFinance Beta
I'm with you on that, I think price movements cause too much noise and distraction, but it has its benefits in terms of interest and allowing projects to build extra run way for development and marketing,
I do like the slow and steady but since i beleive in where BTC is going the vol doesn't bother me, up or down I am happy to accumulate, it also keeps things interesting and shakes people out of positions that I can take up
But yeah HIVE's actually been hella stable its kept this 10 - 12 cent range for ages now and I like that, I don't see why EVERY project must have a high price to be successful
I would say that LEO at $2.5 is a 'high average' price, but functional and visible to me.
Posted Using LeoFinance Beta
There’s so little liquidity in LEO if only a few big time Charlie’s find this place and try to acquire a stake even with the help of the LP pool it’s going to be like rocket fuel to the price! 10 mil market cap I think it’s di able, how much resistance at the 2.5 dollar range will be interesting to see though
Posted Using LeoFinance Beta
then we have to call them.
Posted Using LeoFinance Beta
Ambitious targets. 9-15% on whole net worth is strong (in case you have something above average). On the stock, research and knowledge is they key. I stay away from the Asian market as I don't own it in terms of knowledge.
Do you plan to buy from the bank the metals and pay the markup? Aren't you afraid of state legislation that in case of crisis it is forbidden to hold precious metals?
On crypto, I would say the other way around, LEO will be double for a token than Hive. Why? Faster development tighter community that knows the value and does not dump it.
Posted Using LeoFinance Beta
Absolutely it’s pretty ambitious I don’t know if I’ll hit it but rather aim high and fall short and be happy with that lol!
The Asian markets are super tricky like South Korea has some great companies but consumer debt is sky high so I’m worried about demand
Then there’s Taiwan that dominates the semiconductor market but China wants to pull it under their control, so gosh they don’t make it easy for investors
South Africa is a gold producing country so I feel there is a bit less of a chance of it being banned not that it’s impossible! Our banks offer gold accounts attached to standard account, we also have a larger second hand and informal gold market that pushes fees down to allow it to remain competitive
Normally with gold bans it’s on bullion but coins still have the collectors angle and market! Also I’m not too tied to my country the moment they do something like that I’ll across the boarder no questions asked
That would be epic, I think if LEO can get another exchange listing along with all the dev then sure the sky is the limit at the moment I still think the funnels into LEO are too small and obscure
Asia is super tricky and you summed it well up.
I have in portfolio two Asian stocks, Samsung and Daikin. Taiwan Semiconductor is appealing, where I'm still afraid to jump in and I did pretty good money with NIO this year.
Agree Krugerand Country will not shoot itself in the foot. :)
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I still think there are other Asians counties let’s say Thailand who have more been rekt that relief heavy on tourism if the pandemic is over buying some travel stocks would be a good deal too
I do like Samsung I think they’ll do well kings of hardware I’ll have to read up aboht Daikin thanks for the tip
I am still afraid to pull the trigger and I have allocated in my mind already I just am waiting for this all to clear up I am happt not to catch the absolute bottom and pick up as it moves up and consistent again
If they do ban precipus metals I’ll have my bars and coins added to bracelets and chains I will look a bit odd walking around with a mass of gold but it’s decorative lol it’s not and investment and then leave the country
Daikin is world leader in AC units and from my knowledge we are not getting cooler.
There was a communist joke with a jew emigrating to Israel. He had a Lenin head made of 1kg gold. In Soviet Russia owning gold was not allowed. At the customs, soviet board control, why do you take 1 kg out of Soviet Russia? Answer:it is not gold, it is our bellowed Lenin and I take it with me in my trip to that capitalist country to preach about our ideology! Arriving in Israel at the custom: Why do you bring communist symbols to our country? Answer: I bring 1kg gold, no communism.
Posted Using LeoFinance Beta
Nice goals.
I hope you can achieve all of them.
Posted Using LeoFinance Beta
Thanks I hope so too, but who knows who the year will turn out I’ll need to stay on top of it and keep watching it to make sure I get the maximum without taking too much risk
It can be nerve wrecking at times but I kinda like it
Posted Using LeoFinance Beta
Your financial strategies seem very interesting to me, I am going to study them to see how I can put them to the test in my own plan for this 2021, greetings
Posted Using LeoFinance Beta
Thanks, glad you found it valuable, all the best with creating your portfolio, there's tonnes of great guys to follow online that can help like Mike Green, Grant Willians, Chris Cole, Raoul Paul, with a wealth of info on investing
I Will check in it, thanks You so much for the info
Thanks for being one of very few people even on Leo actually speaking up and posting real thoughts and insights.
Best of luck for the new year, this is bloody hard to predict, and right now I'm fully invested and aiming to play this forthcoming chaos cool while sweating on the inside...
Lol it’s a pleasure I tend to do a fair bit of research so always happy to share what I learn and have a place to jot down my ideas
Oh I am with you on that, I am so conflicted like every trade has this downside potential and I think about it more than the upside and then I get all panicky lol
But I think you have to take losses and learn how to stem bleeding and be open to rebalancing and accepting when you are wrong
Posted Using LeoFinance Beta
Yeah, I feel like I might as well be tossing a coin this month!
Lol for real at this point I’m like we all have to take a knock and it’s all jusy about who gets knocked down the least
Since I last looked I've made a bunch on bitcoin and lost some on monero, but timing is everything when the markets are like this.
This year has going to bring us,new opportunities about the way we could handle finances,those areas are great and I hope everything goes well this new year.
Posted Using LeoFinance Beta
Even if it doesn't you still have to prepare for that too, thats part of having a balanced portfolio, that it works and gains returns in ANY market conditions, its just that in favourable ones, it does a bit better
Beautiful! I never invested in stocks and I don't think I will, at least until I have a BTC in my wallet.
Wishing you all the best in achieving these goals!
Posted Using LeoFinance Beta
I think now is not really the time for stocks until BTCs gains are arbitraged away as its market cap increases there’s no better game in town ones it a a multi trillion dollar asset movements will be smaller and stocks will start to offer more attractive returns
Yeah, I think you're right! Thanks for encouraging!
Posted Using LeoFinance Beta
wow, you are putting your money on international stock markets.
Taxes and printing money that keeps the government running.
Posted Using LeoFinance Beta
Lol anywhere I can find a solid return for my money I am going to entertain, I don't see why I should limit myself to what is popular or what is available in my country, opportunities that suit your risk are there, it's just become harder to find with all this money printing in the mix
Happy New 2021 !
More info why you see this.
Posted Using LeoFinance Beta
Why thank you kindly for dropping by and blessing my post
I think that your predictions for both tokens make sense. The altseason will be massive for the lucky tokens. Thanks for sharing your thoughts.
Posted Using LeoFinance Beta
A pleasure lol if it does get up to those level I’ll be cashing out and picking up a well deserved holiday paid for by crypto yes please
Hahaha I bet you're not alone. Let's hope it happens.
I'm curious if we will see another altcoin boom here soon. I have a feeling we will within the next few months but it will be centralized around Ethereum's new system.
Posted Using LeoFinance Beta
Well BTC just broke above 35k so it looks like its coming sooner or later, yes ETH will most likely gobble up most of the demand when BTC is overbought but the other alts just take a few million bucks here and there and they shoot up, they microcaps, I'm already using this time to buy into a number of alts I think wil be overbought soon
hmm i see a diversified portfolio! good for you man!
Also regarding the price of Hive/Leo, if we see an ATH like that a lot of lives will change and massive numbers will arrive. I predicted 1$ :P
Also a quick question: what is your opinion about forex cause I've seen you mentioning and you sure have delved into it. A friend of my just asking me today and saying you can make a lot of money etc etc But my crypto exp and feeling says that it's not that easy and you need to read a lot!
So what are your thoughts? and how do you compare it to crypto trading?
Posted Using LeoFinance Beta
Yeah it would help a lot of early investors but what a bout the investors that get hurt buying at the top? Some will get rekt that’s the nature of the game
I would say the forex market is something I’m not comfortable with the liquidity doing through it is trillions daily so you’re trades have a very short time frame and you really need to watch your portfolio constantly and adjust your bids
Sure you can make money there are plenty of people arbitraging markets but it’s just not a trade I am comfortable with if your a quick money trader there’s enough swings there to scalp off
I am not into leverage or taking big risk so I avoid forex
i am glad reading this cause that's what i thought from random posts i've read in here or in discord, but i was quite sure if i remembered correctly!
Especially for my friend that has 0-time forex is definitely not for him :P
Posted Using LeoFinance Beta
Some more metals should be a thing I think.
Can’t go wrong with a barbarous relic and it works well as a paperweight!
I should get some chains too so if it goes get banned I’ll just use the coins and bullion like jewellery that just looks excessive LOL imagine a few bars around your neck your back would be so sore
Posted Using LeoFinance Beta
Lol🤣
I like your strategies but I think you are a long way off with hive. Back in 2017 they were one of the big names in crypto as most people had an account there and an affinity to the chain in some form. The community was much larger and there were a lot of promises in the table.
While hive is much better and more developed, the community is smaller and no brand recognition yet. I think that we would be lucky to hit 1 dollar during this bull and wouod take a stable 50c.
I would love if you were right though. 😁
I did factor that into my valuation, HIVE reached close a $0.90 since it's been around but what I am also looking at is the fact that STEEM survived and its brand remains, if capital flows into STEEM it will surely trickle into HIVE
But let's see, I don't really count on anything I own here, just a fun speculation for me
True enough. It did pump to 90c when the market got behind the token. I'd love to see that again and even if we could settle higher for a while and not keep dropping back.
I do think we should try to spread the hive brand out a bit more as that is how I join steemit back in the day. Just looking at tokens with real use and also trying to earn for free.
Capture the latest interest from new people taking a look.
Oh mate, if we could figure out the formula on what is the right messaging to get people here we'd be rocking, I guess we're just so far down the rabbit hole we can't understand why others can't understand why this is better lol hopefully since we know its a problem, this next alt run we better make the most of pumping the project
I looked for a giphy with figures from an arse but nope doesn’t excist I doubted to make one myself but had to comment on your blog so without wasting some precious moments : I am Jessie and I wish you happy new year
And hive to 4 dollar 💵 well
I hope so , I am at 23k now so where do I sign
LOL you’ll need to make that gif we clearly need it because all of us are just grasping at straws and pulling assumptions out of our arses
Happy new year to you too and I hope it’s a better one than last year for you! And that hopefully we can go to the cinema for James Bond lol
Lol you still have a few more months to stack before HIVE starts it’s run so I think a few 1000 more tokens in your wallet is possible before then
Even then at $4 you’re a millionaire JB my country it would be ZAR1 300 000 to be exact lol
May be wise to keep a couple tokens liquid this year so you can catch the wave and buy yourself something nice
Not sure how the Dutch tax crypto though
Posted Using LeoFinance Beta
The crypto tax will be the problem i hate taxes, its been a great and difficult year but still going strong, i have some hurdles coming next two weeks but i can doo this , and i had fun this year on the a new Jessie year full of memes and gifs, stay safe
Do you have to hire like an accountant to do it or can you do it yourself? Here it’s not really enforced you have to come forth and be “honest” about it but I’m sure it will get stricter with time but for now you can still get away without it for the most part and many do
Its the same here, but when it’s done via bank withdrawal all is documented so you better be honest to avoid fines. It’s best to screenshot your wallet on the first of January
Damn, that sounds like you're a criminal Britt, I don't think we should be talking. You're a bad influence lol, I heard in Portugal there's no tax on crypto, is it not possible to have a bank account there was an EU citizen? oh is there no workaround yet?
Hello dear friend @chekohler good day
For those of us who live outside the countries that use the Dollar, or the Euro as a transaction currency, it is a good way to support our savings, saving in our local currency, the devaluation decapitalizes us day by day.
You have a good vision of what to invest in, I had not thought about company stocks, I would like to be able to invest like you in metals, but in Argentina it is impossible to import, the cost is very high.
Excellent your predictions for this year, you will undoubtedly meet your goals
I take this opportunity to wish you a happy and prosperous year
Posted Using LeoFinance Beta
I’ve read up a bit about Argentina’s constant devaluation of the Peso and the defaulting on sovereign debt and wow they’ve really mismanaged the economy
Is holding dollars still outlawed? I guess you could still get USDT or USDC stable coins I’d you want to own dollars or Euros
My country was always badly managed, since I was eight years old I have suffered this type of situation, always for some reason we have the highest inflation in the world, our weight is always devalued.
It is not forbidden to buy dollars, the official price of the dollar is something of 96 Argentine pesos, but if you want to buy you have to pay some internal taxes that raise the value to 150 pesos, it is the reason why you cannot buy dollars, as if it were little, now they want to include a tax on virtual currencies, they don't know how to continue stealing, our governments are very corrupt.
Posted Using LeoFinance Beta
That is horrible, I heard there is quite a black market for US dollars in Argentina too, it's sad to see them trying to take on something like digital currencies that could seriously help unlock a lot of the potential in the country. From what I've seen its a beautiful place and has amazing resources that could be put to better use if not corrupted like this, same in our country, but probably not yet as bad
If what you say is true, there is a black market for the purchase of dollars, but it is much more expensive, you should talk about 1 dollar is equal to 164 Argentine pesos.
My country is a large territory, there is a lot of wasted land, we put it to produce as it should, we can sell food to the whole world, we could be the largest suppliers in the world, however here work is not motivated, here it is induced people not to work and live on social plans. No one works here anymore, they all live off the state, and that allows the rulers to be more corrupt, you don't imagine how the presidents he assumes become millionaires with Argentina, and we are getting worse and worse.
I wish you a prosperous week
Posted Using LeoFinance Beta
I was also considering buying some metals these years but never did it! Gotta investigate more before I finally invest!
Let's hope you are right and both Hive and Leo can moon to $4 and $2.5. It's gonna be epic!
A 9-15% net growth is a solid target dude! Good luck with that and with your trading strategy!
Posted Using LeoFinance Beta
Even if it’s 1-5% of your savings I think having a bit of metal is a good option to have jusy as a back up! You can’t really lose on the trade either
Perhaps if HIVE and LEO shoot up we can diversify into some metals and take profits off the table
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$wine
!BEER
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View or trade
BEER.Hey @brittandjosie, here is a little bit of
BEERfrom @chekohler for you. Enjoy it!Learn how to earn FREE BEER each day by staking your
BEER.Looks like mine worked and yours is shrunk and didnt find it’s way home
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I think i am allowed only 3 or so
LOL clearly you've had 1 too many, time to go sleep it off