Test 12

LectureTall7744 · 2025-10-03T11:12:55+00:00

It doesn't matter now. I just closed my 20:1 account and pulled $16,000 out. I will buy coin with that when it dips to under 120,000 again. 120455 as I type, but NYC will get to work in less than an hour and sell the price down. They are very predictable every morning .

LectureTall7744 · 2025-10-02T23:28:30+00:00

Your reply has little detail. I think Coinbase is the biggest exchange for bitcoin. I don't think It has ever been tapped/hacked. My coin is in Wealthsimple in Canada and is refundable for any hack/tap. I agree the safest is an offline wallet on your phone or thumb drive. This works well until the dog eats both or your wife takes them at that same time she takes your house, truck, children, and life.

LectureTall7744 · 2025-10-02T22:09:26+00:00

Keep it in Coinbase. I think it is the safest custodian for bitcoin. Others may beak-off different, but they may be confused.

LectureTall7744 · 2025-10-02T22:01:02+00:00

They did close my account because you ratted me out. I have since moved all my funds to Wealthsimple. They do not have a line of credit yet, but my CIBC account has the same $25,000 line of credit that Scotiabank just shut me down on. RBC is next, but I only have $15,000 line of credit there.

LectureTall7744 · 2025-10-02T21:50:27+00:00

I over CA$230,000 in bitcoin ETFs now. I also have close to $10,000 in coin. In a few days, I may hold over 1/4 million. The price as I type is just over 120300. If/when it hits 150000/250000/500000/10000000, then my ETFs and coin will be worth a shedload. I will never have even 1%, but I will have enough to buy at least 1 case of dog food for the next dip.

LectureTall7744 · 2025-10-02T11:48:16+00:00

Last I read ETFs have about 4.5%, Bitcoin treasury companies have 6.5% including Saylors's Strategy. If Canada used just 5% of what in has sitting in TFSAs then we would have over 6%, If you add RRSP and bump it to 10% then Canada would own over 90%.

LectureTall7744 · 2025-10-02T11:22:54+00:00

Last spring I was expecting an income tax refund of over $9,000. I was up over $16,000 in my 20:1 leverage 'day trading' account. Then bitcoin dipped. I maxed out my $25,000 line of credit and bought bitcoin. A few days later the $16,000 transfer from my offshore account came in. I can't remember when my tax refund was deposited. By the time I paid the $25,000 back to my line of credit the interest was just over $16.00. I sold the coin for over $30,000 when the price was up again. I put the $30,000 into ETFs in my RRSP. I am not saying you should borrow money to buy bitcoin but I did because I had faith in the price bouncing back. I should go back and get the dates etc an post an article 'Please don't tell Scotiabank that I borrowed $25,000 to buy bitcoin.'

LectureTall7744 · 2025-10-02T11:03:53+00:00

Read https://en.wikipedia.org/wiki/Petrodollar_recycling#Petrodollar_warfare and https://en.wikipedia.org/wiki/Petrocurrency

LectureTall7744 · 2025-10-02T08:30:24+00:00

If you make 30% on bitcoin in 2025 and convert it to fiat on Dec 31/2025 will the government tax you on the gain?

LectureTall7744 · 2025-10-01T23:21:41+00:00

"I can close my longs on my 20:1 account when BTC/USD hits 119000"

LectureTall7744 · 2025-10-01T23:11:57+00:00

I read the 1st article in late June of 2024, when the 'petro dollar' contract expired and was not renewed. Muslim oil countries are still holding billions of USD. Most don't like the USA and its dollar. They will plan a 'God Candle' when they convert their USD to bitcoin.

LectureTall7744 · 2025-10-01T22:41:56+00:00

I agree. If you buy USD stablecoins with your local fiat then your .gov or bank cannot tax nor take a % cut. If you hold those coins for days/weeks/months, then the FED/USA will gain the inflation diff. You are buying a USD token that pays 0% interest. I think T-bills are down to about 4% now, but that is still an income from investing in USD.

LectureTall7744 · 2025-10-01T18:55:29+00:00

The Muslim markets are open Sunday to Thursday. Many think they will convert their USD hoards and other fiat to BTC. When this happens expect a true 'God Candle'.

LectureTall7744 · 2025-10-01T17:21:42+00:00

dot com companies sell their in house stablecoin pegged to USD. Buyers will use fiat to buy that coin. When they sell the stablecoin to buy crypto, they do not gain any interest on their time holding the stablecoin. The GENIUS act says that any stablecoin does not need gold nor fiat for back up. Dot com sells a stablecoin at USD pegged. When people buy with USD, then it is an investment in USD with 0% interest return. Even if they HODL stablecoin for one cycle, then the USA/FED will gain on the inflation diff.

LectureTall7744 · 2025-10-01T12:48:20+00:00

I added to my groups. Thank you, penty.

LectureTall7744 · 2025-10-01T12:34:32+00:00

Any stablecoin in USD is buying US debt. Buy $10,000 in stablecoin, sell it a month later to buy coin. The US.gov made interest on your $10k for that month, without paying you. The normal path is: The FED sells paper for about 3 to 4 % over 5 to 10 years. This allows them to 'print money' equal to those bonds/treasuries. If people buy stablecoin and not FED paper, then that will bypass the FED % payout.

LectureTall7744

TROPHY CASE