Trading Pub – 01 Aug 24

00:56: Upcoming CUDL, don’t forget your tickets.
01:01: Analysing the stock market and major tech earnings, as well as the current state of Bitcoin and Ethereum.
15:29: The performance of Bitcoin and Ethereum ETFs, as well as the relationship between Bitcoin and Tether.
16:59: A new cryptocurrency documentary and the need for better crypto education, especially among non-crypto-savvy individuals.
30:16: A short position on Kaspa, with details on entry, stop loss, and profit target.
32:43: The price relationship between Tron and Avalanche, noting divergences and potential market manipulation.
33:31: Understanding the Rowan Coin project better and arranging a discussion with David Duckworth.
41:51: The mechanics of funding fees and their impact on the profitability of the trade.
46:16: The misleading nature of crypto trading screenshots and the need for transparency in sharing trade details.
53:00: How to use leverage to set stop losses and manage liquidation risk.
01:01:26: Appropriate max risk levels for leveraged trades, suggesting up to 0.5% during a bull market.
01:02:30: The potential profit from selling 5-10% of Kaspa holdings to tether and leveraging the remaining position.
01:06:32: The different components of a trading system, including the entry, stop loss, and exit (Otters Earmit).
01:13:54: How Tether and USDC can have a ‘wobble’ and de-peg, including factors like excessive minting and ecosystem issues.
01:19:12: Detailed overview of Tether’s business model and how it manages its reserves to maintain the peg, including borrowing and investing in US bonds.
01:22:12: Why Tao and Sol may display similar price action, often due to the hype around new smart contract platforms.
01:24:15: UK Labour aligning CGT rates with income tax rates, and the implications for crypto investors.
01:26:30: The merits of paying higher CGT rates versus exploring legal tax optimization strategies, including the risks involved.
01:34:28: How to defer capital gains tax by reinvesting business proceeds into new ventures.
01:35:39: Potential tax relief options and strategies to manage capital gains on crypto and business sales.
01:38:49: The risks and rewards of leveraged trading, including adjusting leverage on an open position.
01:48:13: Potential for a leveraged long position on Tao, with a focus on identifying the right entry point.