For the first time, I listed a bunch of slow rugged NFTs on @YawwwNFT with 0% royalty.
It may or may not sell but I'm glad I'm not contributing anymore to the team's pockets for doing nothing for the past few months.
Influencer @BryceHall made multiple posts promoting a sketchy Solana presale for a meme coin called URF helping them raise ~2400 SOL ($450k).
The team disappeared less than 24 hrs after launch and social media accounts have had zero activity since March 26.
The URF team instead has been using the remaining presale funds to trade meme coins.
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Everyone on CT now shilling you some bull market alpha and claim this is life changing.
But here's the real life changing alpha from me: move to Dubai before you hit bull market gains.
Dubai will literally change your tax life for the better.
You might change your life during this bull run hitting the right investments.
But those life change gains are much less life changing when you need to fork out 20%-50% in taxes.
The real kick to the stomach though is more than just the financial costs of paying taxes on crypto gains.
It’s the mental effort you expend dealing with those taxes. That constant worry, that low key drain on your metal space.
Often you are forced into unoptimized market trades just to optimize your taxes.
Then there is actually figuring out how to file said taxes properly. You pretty much need a Phd in accounting to actually figure out how to properly categorize and declare your degening in a way that is actually understandable to your local friendly tax agency.
And if you get it wrong, you’ll be handed a pleasant asswhopping by the tax man in the form of hefty penalties.
Want to avoid this hell and simplify your life so you don’t waste mental energy on things like taxes when you could instead be wasting it on better things, such as buying memecoins and NFT pictures of crypto dick butts instead.
Then just figure out how to make the move to Dubai.
Personal taxes won’t ever be a thing any more. And all that wasted energy you spend worrying about taxes can be spent on better things.
Like...
Losing your eth on all those many @Blast_L2 rugging apps that all your friendly, totally non-finally motivated CT influencers who relently shill their BLAST affiliate codes tell you are totally safe to invest into.
At least in Dubai, you can degen your capital into nothingness without also having to pay taxes on your LOSSES as well.
So Grail, how to move?
The process of moving to Dubai is easy because the government in Dubai makes it easy: just form a company and use the company to apply for residency.
It’s ~9k to 12k USD and takes < 30 days.
Or apply for a freelancer visa which costs even less (~6k). Also very easy.
There are plenty of local agencies that will do the entire process for you.
At the end of the 2 week process, you just drop into Dubai and finalize the visa.
Once you get the residency permit (called an Emirate ID), you are a bona fida UAE resident.
You can live here, work here, lose all your money here, and probably end up getting divorced here. But the point is, you can do all of this completely tax free.
Now some of you will insist you should pay your fair share to you government and all. Be that good citizen powering the engine of the economy.
Well, if you are happy paying 20%-50% taxes to western governments that engage in profligate spending, funding wars that have nothing to do with you, and feeding and housing refugees in hotels on your time, then go right ahead and your country will thank you.
I’m sure your local fatcat politician will greatly thank you for that sweet charter flight jet and drunken bender in mikanose on YOUR dime.
For me though, and an ever growing number, there is an alternative to this.
Just move to a country (dubai or elsewhere) where you don’t have to pay.
@kaisisokay I'm surprised by the decision to pre-announced the snapshot in order to get on the WL. What's the point of being a long term holder if I can just buy one just before a snapshot?
During my first bull run, I went from $1k to $130k.
Then I fell to $8k.
After that, I made a set of rules that I use daily.
From $8k, I grew to $300k+ in the bear market.
Knowing these 15 rules meant 1000X earlier 🧵👇
How I’ve made over 200sol profit using BonkBot in less than 1 week - and how you can too! 🧵
No, you’re not seeing things, I’ve actually made this much using the best telegram bot around this week.
I want to help you do the same: