RE: Half Way Into The Bull Run, The Unit Bias Trades Are Running

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Hey, what's your plan then?

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Taking out my principle, plus whatever I can get tax free, spinning off the rest into Bitcoin and consolidating. Then dropping a percentage of my BTC into an interest account while the stable coins I used to take profits will also be placed in various interest accounts.

Then take that interest payments and stack them up to go and pick up staking coins once they're good and cheap again or take some positions in de-fi

Should take me around 6-8 months to unroll everything so plenty of work ahead

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Woohoo 6-8 months... Okay, illustration be patient. Hehe... I already diversified my investments and the other one is earning pretty good, more than what I would earn as general Doctor in the Philippines so maybe it should just start chillin? Lol

Am even thinking of a good business that would give job opportunities for the in my hometown, plus the labor pay in the Philippines is so cheap especially in the province. There are so many ideas in my head but I hate the double taxes rule unless it's a sole proprietorship.

Any suggestions?

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Well if you want to start a business I think what you can do is once you have 3 months of cash flow approach the bank for a loan and then keep the loan on your books for that financial year so you can use it as a right off against your tax. You can also do things like acquiring assets, be it stock, machinery, property, even Bitcoin for your business as part of operating expenses, to reduce your income.

I don;t know what the rules are in the Phillippines are so you may have to consult a tax professional. I think its admirable that you want to start a business and create jobs, that's awesome.

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