If for any reason the above Odysee Video doesn’t play smoothly for you, the back up YouTube version is here.
I hear a lot about high Bitcoin fees and much of it to be frank is nonsense. People saying things like it takes 100 dollars to send 5, etc. I don’t know where people get this bullshit from, but I want to talk to you about real fees and how to avoid having them eat away at alt coin buys.
Honestly this is super simple, you just swap on exchange A to a crypto that is fast and cheap to send. Send to exchange B, then trade (sometimes twice) to get into your alt coin of choice. I will walk through that in this video today and cover some other gotchas to watch out for. I will also caution against taking really small positions in a lot of things vs. a few larger positions in a few true high quality things. Along with some other gotchas to watch out for, how to use all this to actually create small “tax losses” and more today. And even when to take a strategic loss, that really is not a loss.
Lastly today’s topic was put to a vote on MeWe, if you followed me there, you’d have had a chance to influence it. Just sayin.
Note – If you want to ask a question for a future Episode of Miyagi Mornings the best thing to do is follow me on MeWe here and then see the sticky post at the top of my profile, post your question in the comments and it is pretty likely I will at some point cover it. http://mewe.com/i/jackspirko