That $750k that OBJ took in all Bitcoin has netted him $35,703 after taxes as of rn

M

MasterOfAllHeSurveyz

All Star
Joined
Dec 27, 2017
Messages
3,861
Reputation
1,642
Daps
12,185
YaThreadTrashB! said:
1 btc is worth 37k right now , so this story is bullshyt
Click to expand...

When it hits a new all-time high, they'll be nowhere to be found . . . until the next crash/correction like last time. More millionaires are made in downturns, crashes, corrections and bear markets. It's boring and not exciting like when the bull is let out the gate.

Most importantly, they don't know the power of averaging down. That's how my bots make money. OBJ is being paid weekly as BTC is falling. He's averaging down without trying. When it goes back up, the value of his total is going to be more valuable because he'll have more individual BTCs than if he bought at the top of the market.

Date - Monday Salary - BTC Price - # of BTC
Nov 22 - $93750 - $55664 - 1.68421242
Nov 29 - $93750 - $55717 - 1.68261033
Dec 6 - $93750 - $47117 - 1.9897277
Dec 13 - $93750 - $45744 - 2.04944911
Dec 20 - $93750 - $45556 - 2.05790675
Dec 27 - $93750 - $50409 - 1.85978694
Jan 3 - $93750 - $45700 - 2.05132232
Jan 10 - $93750 - $39648 - 2.36455811

His total amount of 15.7395737 BTC at today's low is $574,824.97. BTC only needs to reach $47,650.5917 to reach his contract value of $750,000. If it reaches BTC's all-time high of $69025.25, his BTC will be worth $1,086,428.01.

If it reaches $85K, his BTC bag is now worth $1,337,863.7645.
If it reaches $100K, his BTC bag is now worth double than what he was paid.

He can pay the taxes on his salary with fiat, never sell the BTC, borrow margin against his BTC at 1%, over and over again, forever, and never pay taxes on the loan.
 
Last edited:
M

MasterOfAllHeSurveyz

All Star
Joined
Dec 27, 2017
Messages
3,861
Reputation
1,642
Daps
12,185
MasterOfAllHeSurveyz said:
When it hits a new all-time high, they'll be nowhere to be found . . . until the next crash/correction like last time. More millionaires are made in downturns, crashes, corrections and bear markets. It's boring and not exciting like when the bull is let out the gate.

Most importantly, they don't know the power of averaging down. That's how my bots make money. OBJ is being paid weekly as BTC is falling. He's averaging down without trying. When it goes back up, the value of his total is going to be more valuable because he'll have more individual BTCs than if he bought at the top of the market.

Date - Monday Salary - BTC Price - # of BTC
Nov 22 - $93750 - $55664 - 1.68421242
Nov 29 - $93750 - $55717 - 1.68261033
Dec 6 - $93750 - $47117 - 1.9897277
Dec 13 - $93750 - $45744 - 2.04944911
Dec 20 - $93750 - $45556 - 2.05790675
Dec 27 - $93750 - $50409 - 1.85978694
Jan 3 - $93750 - $45700 - 2.05132232
Jan 10 - $93750 - $39648 - 2.36455811

His total amount of 15.7395737 BTC at today's low is $574,824.97. BTC only needs to reach $47,650.5917 to reach his contract value of $750,000. If it reaches BTC's all-time high of $69025.25, his BTC will be worth $1,086,428.01.

If it reaches $85K, his BTC bag is now worth $1,337,863.7645.
If it reaches $100K, his BTC bag is now worth double than what he was paid.

He can pay the taxes on his salary with fiat, never sell the BTC, borrow margin against his BTC at 1%, over and over again, forever, and never pay taxes on the loan.
Click to expand...

It's restored like I said it would be.
 
who_better_than_me

who_better_than_me

Time to go!!
Joined
May 3, 2012
Messages
26,346
Reputation
1,126
Daps
39,868
Reppin
NULL
Lol as long as he doesn’t sell them it’ll bounce back. I tried to get my old job to do something similar for my pension buyout. Made it pass 3 ppl and the final boss came back and laughed in my face and said , “you think you fukkin with a rookie?:umad::heh:”



I was :sadcam:
 
M

MasterOfAllHeSurveyz

All Star
Joined
Dec 27, 2017
Messages
3,861
Reputation
1,642
Daps
12,185
mastermind said:
So he should borrow against his own money instead of having his own money and not owing?
Click to expand...

You can take out a 25% LTV loan @ 1% for 3 years for BTC. Zero percent interest if you're in Cali. That's around a third of regular inflation. The underlying asset's increase in value covers the cost of the loan+interest.
 
the bossman

the bossman

Superstar
Joined
Sep 4, 2012
Messages
10,971
Reputation
2,407
Daps
51,125
Reppin
Norfeast D.C.
MasterOfAllHeSurveyz said:
He doesn't have to sell it. He could take margin out against it on day 1. It's what I do.
Click to expand...
You wasting your breath. A lot of these nikkas ain't really gonna get it until later on. They think all crypto and NFTs is just scam.

shyt will hit 100k+ and they'll be right back here talking bout waiting for a dip or how it's a bubble that's gonna pop:mjlol:
 
lamont614

lamont614

Superstar
Joined
May 2, 2012
Messages
15,744
Reputation
1,482
Daps
31,235
who_better_than_me said:
Lol as long as he doesn’t sell them it’ll bounce back. I tried to get my old job to do something similar for my pension buyout. Made it pass 3 ppl and the final boss came back and laughed in my face and said , “you think you fukkin with a rookie?:umad::heh:”



I was :sadcam:
Click to expand...





:laff:
 
mastermind

mastermind

Rest In Power Kobe
Joined
May 1, 2012
Messages
63,045
Reputation
6,106
Daps
166,693
Dray5K said:
Can you break that down for me in English, big homie:pachaha:?
Click to expand...
Thats what the dude thinks OBJ should do with his bitcoin.

the bossman said:
They think all crypto and NFTs is just scam.
Click to expand...
because it is :dead:

Good luck tho. I really hope you all make it, but everything about this smells like a scam.

MasterOfAllHeSurveyz said:
You can take out a 25% LTV loan @ 1% for 3 years for BTC. Zero percent interest if you're in Cali. That's around a third of regular inflation. The underlying asset's increase in value covers the cost of the loan+interest.
Click to expand...
Cash>that, but good luck.
 
You must log in or register to reply here.
Top