 Now what we'll do is I don't want to talk to you. We'll do a little Q&A And then also just as a reminder yesterday. We did did this the live show We did 10 minutes of Q&A and we did a twitter space is it was great There is a link in the description. You can check out the recording And it was good just to talk to people who are in the comments all the time but actually like talk to you talk to you and We answered some pretty That's a pretty good questions a lot of things that were going on that you can't really do here on youtube So you can check that out of the recording. It's like 20 25 minutes of that But that is it what we're going to probably be moving forward is that once a week We'll do twitter spaces. So instead of you typing to me and asking questions You can go to twitter spaces and actually talk to me and it'll be a longer format We can do whatever you want over there. So that'll be I'll start this week. So we just did on sunday We'll probably do it again Yeah, let's pick a day Thursday every thursday. We'll do it. We'll just do a long session over there Nah, no, no, maybe thursday or friday. You know what? I'll do a vote and you tell me which what days are better for you Thursday or friday, but that's it for today. So look like today's video give it a thumbs up consider subscribing A lot of things we talk about are very time sensitive, but that is it if you want to take off take off You've been here 12 minutes Not too bad of a day Now let's get into the little q&a and I'll answer all your burning questions the best of my abilities And we'll go from there. So It's out of here interesting day dig swimming Dave Hello vicki, please like the video. That'd be nice jt's here gary's here We can do a twitter space about when to do a twitter spaces des is here charles concanon Charles any updates on tax strategies for the end of the year. Yeah, we did a video Let me show you And And it was it was all over about uh tax loss harvesting wash trading A bunch of other stuff Let's see Where did it And just so you know youtube changed up some things so now there's different tabs videos live posts and stories When you look for for some things just know that the q&a we split the q&a that'll be in videos But Ah, here it is But for uh the live streams you have to click on the live stream tab. Ah, here we go. So charl answer your question charles. It looks like this so There's a video just called do this now if you have crypto losses in 2022 hint everybody does I mean if you realized or unrealized Do this before December 31st. It was about a week ago and we had on uh david Kimmer from uh coin ledger And he talked about uh things to do is for his tax loss harvesting It's it's a pretty easy process you sign up with coin ledger Which is free You don't have to pay for anything unless you want to run a report for your cpa or your accountant And you can see all your tax loss uh harvesting opportunities And when you take those then you can Offset some of your losses just so you know that as far as like income you can only offset up to $3,000 per year If uh you take a lot of tax if a lot of losses this year you can roll them over to next year in the year of that The year after that also, it's also a good strategy to take off uh losses Or to offset your gains if you have any From uh capital gains which are unlimited. So we talked about that check that video out and uh, what am I doing? Yeah, let's do this I'll copy it Let's see Tax Loss harvesting video Be right there. I'll drop it in the comments That makes things super simple for everybody trying to save you all time You're welcome. Okay. Yeah, please like the video I have buy into in a us in indiana. That's good Vicki's driving Driving and listening nothing wrong with that Wow 30,000 a month for a steal. It's pretty good Shrimps shrimp sound full force Hello We're not all george Happy monday I think I need bitcoin to 30x to cover my zillica spend Benny's here. Thank you. Benny for all things you do on twitter. I appreciate it. Let's see. Let me go up here Uh, let's see and nick is first shout out to nick for being a first Yeah, wow. It's amazing. I mean hopefully youtube notifies you Let's see Yes, like I tell you it's an early christmas present my my opinion Why is from pimping sats? It's because I want everybody to know you don't have to buy a full bitcoin You know, everybody gets gets hung up on the fact that damn I got to pay You know $17,000 for a bitcoin. No, you can just buy satoshis And it'll be interesting as time goes on and we get to the price of bitcoin at some point being You know back to its all-time high of 70 or 69,000 then maybe it was 100,000 People will always thank themselves. I need a hundred thousand dollars to buy a bitcoin. That's not true You can buy as much as you want As much as you can get into that's why they have satoshis It's just interesting that in the future you're going to be able to see like wow a dollar only buys 2,000 satoshis man. I remember this video from 2022. It was almost 7,000 satoshis amazing or less Lemak says if finance does buy a voyager, what would be our haircut about 15? I don't know like these numbers some if you've got If you're buying it for a billion, let's just do some quick quick math here If you're buying everything for a billion And the total crypto held the time of the snapshot was one point Let's just say 1.3 So the total recover assets is 1.3 roughly right and then they also loaned out. I want to say 640 million roughly to three arrows capital and that was a loan That I like to give back so I don't know if they have to take that one back if they take a hit I guarantee I'm not going to guarantee anything actually But usually what it is is people would loan things to throw this capital thinking that they get all this great yield Because these guys were geniuses and actually what they were doing was Well, I don't know It remains to be seen exactly what they were doing because they're going to blame everything on san bakeman freed and ftx So let's just say 1.8. So you got 1.8 minus 1 billion You're looking at a you know 40 percent haircut roughly Correct me correct me in the math department but uh I mean I had zero percent or I had I had a hundred percent haircut yesterday. So not too bad How long you think spf will be locked out for I don't know if he's gonna chase It might be some minimal jail time I'm not sure Not sure how bad it gets I mean Look, uh, bernie madoff spent his entire life in jail after he got caught but it was I think he's he was going for I mean decades in jail So who knows Yeah Yeah, exactly. I'm happy with the voyage about now. Give me what's left of my crypto. I'll take it off the exchange What's wrong with that? I can see that totally Stephen says have to sell and buy back to harvard losses right now You don't have as far as like tax loss harvesting you just sell And that's it you take a that's tax loss harvesting when you buy back That's called wash trading and that is illegal in equities and securities thankfully to date um Gary genzler who watches the show all the time he There's no enforcement that says that things are our securities. He believes they are securities But until con which really gives him concrete evidence that he's just Regulation through enforcement Looks like someone got a case of the monday's office space classic Man, yeah, that sounds good R I Read joker. I think I'm starting a two channel advice. Yeah, it's super simple Uh, make sure that you have a schedule and stick to that Make sure you just show up and just keep uh keep going You're not gonna sound like yourself in the beginning It's gonna take you a while to find your particular voice You'll probably watch other people and just kind of you know Lump that all together But at some point you'll find the way that you do things And the way that you do thumbnails and all those stuff So the thing I can just tell you is that if you're gonna start it start it This is probably the best time to start it because no one's watching nobody's watching So you can afford to screw up like whatever. I'll just be here Some dude is in your pool. Okay Maybe I don't know how that's pot. It's a green screen Let's see That voice in the pool again Hey tesla Yeah, I'm still waiting for my eat. I'm still waiting for my eat and my Five bitcoin that are setting on celsius right now Roughly Maybe it's four and a half. I don't remember Jeff's got a good point so far the only winners in celsius are the attorneys. Are you writing that off as a zero? you can And uh, we're gonna have coin ledger in and talked about that and their cpas But just so everybody knows how much celsius is making the lawyers themselves. There was a great tweet. Let me pull it up Which shows you how much the lawyers are billing per hour? now this is from friend of the show simon dixon and uh The partners are billing per hour 1195 to 2245 Council a 20 a 20 21 25 Associates 685 and pair professionals. Wow 295 to 585. So that's just happening. That's our money As they fight this legal process because for some reason they just can't get it together to come up with a plan Which is amazing to me because block five did it within my 24 hours of them pushing out their Vancrepsy but uh, yeah, we'll give them till february so they can say oh, we couldn't do it. Sorry I'm not angry. I'm just a little perturbed Yeah So if I'm under any wrath ira me at $7,000. So yeah, I need to get my uh My iTrust ira and max out Which is a this is a pretty good time. I should buy things I need a coffee had a rough had a rough morning had a rough morning Went to go play a little volleyball on the beach here in portorico and nisla verde nice place And uh messed up my knee trying to do is do a little bit too much, but i'm okay That's why god created beer and sofa So you can if you have an injury easy just sit on there and do nothing I failed some mining. What's up? I know your channel a long time. So that's good A lot of people are actually stopping stopping. Uh, subscribe me to the channel and you know, the views go down the bear market. It's okay Like, uh, I show you I have lost But this is what it's this is just the natural cycle, you know so people People come and go and that's okay. Like it's kind of boring. Honestly It's my last Month or so I've lost about a thousand people subscribers and of course views are down too, but I mean It's it's like I tell you I tell people again. It's it's not It's not that It's not that the price action is killing people. It's the boredom that is killing people That's the big thing chopping sideways and going down one or two percent every couple of weeks is just boring as hell That's it Yeah, that's it. That's okay. I'll see him in the in the bull market hmm This is a good question Do you think the irs will be allowed to analyze ftx groups trading history for tax collection purposes from us citizens and us registered entities I think they do it already if it's ftx us um I'm pretty sure the reason why you do kyc and aml Know your customer and some money laundering putting your social security your date of birth or something like that There's because they're going to report that to the irs. You know, they already know So if you're an american citizen, that's just how it is sorry and Yeah, so they'll probably look at it, but there's a difference between ftx international and ftx us so trust me The department of justice is is greedily looking at all ftx definitely because if they want to look at and build a case They're going to have to look through the financials and when they look at the financials Guess who else is going to want to look to that probably the irs That's it Would you ever have the developers for ocular swallow? Sure. I just I've reached out to them a couple of times. No answer I've asked them if they could deliver here to portorico. Nope and uh Yeah, so I guess It wasn't like I was I mean, I would have paid for the damn thing and just couldn't get it here I put I put my thumb down on the thumb up hilarious Yeah beach fire all for me come to Panama I'm already I already played here. I'm good to go Now is the best time to watch crypto youtube potentially it could be I hope rob you will run Until our next bull run. Yeah, I mean, I'm going to be here till the next one I think I'll probably be doing dailies all the way until the next bull run and then the time when I sell and get out probably take I don't know like I thought I was gonna actually pull out A little bit earlier and start to do like once a week videos after this bull run But it's fun. It's fun to do these videos and again like what else am I gonna do, you know So I don't really need to work work And this is pretty interesting to do so I get to hang out with you guys all day or at least an hour a day Give me something to do Uh Let's not actually in the practice bot trading I just come for the view. It's a nice view Johnny says my wife unsubscribed for me this year. Thank god That's right And beardy says it correctly The military shot just taught me to show up Hmm should be a race team owner. I have no Inkling or no inclination to get into that And random says rob aren't you too deeply invested just let go of the best period coming to crypto So Yeah, but I mean like we're talking about videos or we're talking about doing videos Stuff like that like right now and we talked about it yesterday if you haven't had a chance to watch yesterday's video Which I personally thought was was pretty decent And it looks like this let me share It's this one It was the 2023 ROI outlook and for me. I just did a did a comparison between all the All the months for the four cycles and we took a look at the halving months the all-time high months the dip which is the The months after the all-time highs and then the resets and I was just showing people that you know in all honesty like This next year coming up will probably be the Probably one of the better years to invest because things are going to go down so low Just like it has almost every single time in the four year cycles and I just showed you that in reality in the past You could have had Like if if you would invest it in in 20 started in January 1st 2018 To the top of bitcoin 2021. It was like a it was like a seven and a half X But if you just would have waited until 2019 and invested janitor first went 19 to the top of 2021 it's like It's like a six and a half almost seven X is almost the same damn thing So it's like the year we just got out of was pretty crappy This next one we're gonna go into we're gonna see some I think some steeper discounts And this might be the one to get into again. This is just what I'm gonna do But yeah, just take a look at the data. That's that's all I can show you Okay That's it Well, he definitely got a deal on that 400 million cheap and the fdx was going to going to pay Yeah, we definitely got a deal dev sees you got a deal because yeah, that's right. It's 1.4 billion Let's hope this one goes through because if this one goes through then the next one and be like, hey, I'll buy you for 500 billion Or 500 million. That's it. Take it or leave it suckers That's it for today. All right, everybody. So thanks so much for stopping by. I'm gonna go head in and ice this knee And that's it. So I appreciate you guys. Thanks for coming by and I'll see you on the next one Obvious. Have a good day