In the market, stress and blood - algorithms generate profit.
How many times have systems proven this in practice during market chaos, and yet most people want to work (dump) manually, unwilling to understand how our trading systems work and show damn patience to be in profit.
It took 21 days from the time of this post to reach a new ATH!
Congratulations, we are in history!
And do you remember/do you know the story of when a Florida resident on May 22, 2010 - Laszlo Hanyecz paid 10,000 Bitcoins for two Papa John's pizzas. This is considered the first official purchase ever made using experimental digital currency.
At the current exchange rate, the payment for those two pizzas is now valued at:
🔥1.42 billion $🔥
Over time he spent 50,000 BTC, gave away part of the currency, and sold the remaining part for a dollar to buy parts for his computer. Now one hundred thousand bitcoins would be worth 10.4 billion $ He also recalls a moment when he didn't have enough coins to buy the whole pizza and bought one slice for 6,000 BTC, at the current rate 625.7 million $
😁 Isaac Miller repeated the legendary video after 11 years ↑
• In 2013, when Bitcoin first reached $100, Isaac launched a live stream to capture this historical event — over time, this video became a meme. The re-upload of this stream can be found on his channel.
• Nine years later, in 2022, Miller confirmed that he continued to hold his Bitcoins and regularly acquired new ones.
• 9 hours ago he recreated that very video from 11 years ago, but now at the mark of $100,000 😂
So, we have broken through the $100,000 mark. What will happen next? Many are asking this question.
Every possible public, even one far removed from the topic of cryptocurrencies, will immediately start publishing posts about $BTC . The headlines will scream that the next goal is $1,000,000. The excitement will begin to heat up with renewed vigor, attracting more and more newcomers to the market.
Some will actually be able to make money on the subsequent growth of altcoins, but then the majority - about 90% - will lose their money at the moment of the inevitable fall.
And what about those 10% who will come out on top?
9% of them will lose their earnings, having invested in dubious projects and become victims of a scam.
And only 1% of people will actually be able to save and increase their capital.
Of course, all this is a bit exaggerated and hyperbolic, but it is said not without reason. The main thing is not to give in to euphoria, approach transactions with a cool head and not to believe every crypto expert, of which there will be an incredible number now.
💰 $WIF reached the first target, but later closed in the red. I will not re-enter the position, waiting for a price drop to the 1h fvg and then I will consider the setup.
💧 $SUI the price showed a great reaction from the block, but the position was not executed. So for now, I will skip the trading idea.
💰 $SNX the price came into the area of interest and I expect to see a repeated sweep of the lows. I think they will draw the setup overnight and tomorrow we will take the profit.
📢 The State Duma has adopted a law on the taxation of digital currency
Now mining and operations with digital currency in Russia are regulated in a new way:
🔑 Key changes: -Recognition of property: digital currency is considered property under the Tax Code of the Russian Federation. -VAT is not charged: operations related to mining and the sale of digital currency are exempt from VAT. -Reporting for mining operators: the operator is required to inform tax authorities about miners using their infrastructure. A fine of 40,000 rubles is imposed for late submission of information. -Tax base: income from mining and operations with digital currency is included in the overall base for personal income tax (PIT) and is taxed at a rate of 13-15%. Mining by organizations is subject to corporate income tax.
⚠️ Restrictions: -Mining cannot be carried out under the self-employment or simplified taxation regime. -Income from participation in mining pools is also subject to taxation.
This is an important step in regulating digital assets in Russia! 💡
📝If you follow cryptocurrency news and the overall financial market, you have definitely noticed that many studies and macro perspectives revolve around the Federal Reserve System. This impacts the entire investment climate, including cryptocurrency. In simple terms, the 'Federal Reserve System' (FRS) is a depository (custodian) of federal government funds. The Federal Board of Governors and the Federal Open Market Committee (FOMC) take actions that directly affect the US economy, and thus the entire world.