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  1. johnarb

    Is the crypto winter over?

    You had the perfect spot to cover @ $36k, not sure what happened why you changed it Btc vibe has been providing a very good trading vehicle, a nice range of volatility, I don't understand why you don't like it
  2. johnarb

    DOJ to announce crypto action at 3pm

    CZ statement Today, I stepped down as CEO of Binance. Admittedly, it was not easy to let go emotionally. But I know it is the right thing to do. I made mistakes, and I must take responsibility. This is best for our community, for Binance, and for myself. Binance is no longer a baby. It is...
  3. johnarb

    DOJ to announce crypto action at 3pm

    Zhao Plea Agreement: Zhao will plead guilty to violations of the Bank Secrecy Act (BSA) and other related laws. He has agreed to a fine of $50 million, which will be credited against payments made to the Commodity Futures Trading Commission (CFTC) if paid by the sentencing date. Zhao is...
  4. johnarb

    Is the crypto winter over?

    No news on ETF, but we've had some major negative news on Kraken being sued and DOJ/Criminal stuff on Binance You did not cover @ $36 PT? where did you double your short? btc below $36k rn
  5. johnarb

    Baron's Crypto Trading Journal

    Why would you do 5 years when MSTR was not involved with bitcoin, then? Stop being dishonest and do 3 years when MSTR started with bitcoin It's good you promise not to discuss this again in the future... because I'd hate to point it out to you in the next 1-2 years how MSTR will destroy TSLA...
  6. johnarb

    Is the crypto winter over?

    This Bitcoiner just got elected in Argentina... will he follow through on his promises or get Epsteined or converted by fiat lords?
  7. johnarb

    Is the crypto winter over?

    CME futures open for business
  8. johnarb

    Is the crypto winter over?

    NFA $Rune is down about 15%, a good signal to lower the cost-basis (lower the capital at risk on the trade) Cut the position by 3600 $Rune coins
  9. johnarb

    Is the crypto winter over?

    I do have a thread for a dedicated Linux setup to handle and store crypto assets :D If you're only trading, it's much simpler setup, purchase a Google Pixel Chromebook and sign up for ExpressVPN After that, you only have to worry about $200 worth of Eth, and $1k to $10k (or $100k if you want...
  10. johnarb

    Is the crypto winter over?

    Something in the charts? I thought btc was going to sell off when the ETF announcement didn't happen yesterday, almost closed my $Rune position, but decided to go to sleep and stay a degen That's too much risk-exposure for CME participants. I read somewhere that CME may go 24/7 in the...
  11. johnarb

    Bitcoin ETF?

    Latest move from the SEC re: Bitcoin ETF being "Cash Creates" Good explanation below Twitter thread detailed breakdown
  12. johnarb

    Is the crypto winter over?

    Just a reminder that bitcoin trades worldwide 24/7 Does your trading platform stop trading? I think CME does, but don't really know for certain
  13. johnarb

    Is the crypto winter over?

    NFA, just an update on this altcoin position. $Rune was my only altcoin position but got forced into going long $Cake (tl;dr) which is not doing bad $23k risk capital investment when I posted $Rune a month and half ago is now worth over $71k m2m No plans to sell at this time, all profits and...
  14. johnarb

    Is the crypto winter over?

    Your downside profit target price hit? Good call. Are you flipped to the long side on btc now? I'm down $1k on my last btc add
  15. johnarb

    Is the crypto winter over?

    Btc RSI overbought indicator has been reset to oversold due to the recent price downward correction I won't decrease my long btc perps futures position until $34.2k
  16. johnarb

    What’s the need for alt coins?

    I'm not an expert, but from what I understand, there is no capital controls in the US unlike China If an American multi-millionaire has millions of $ in the bank, and decides to buy $1M worth of bitcoins, that $1M has already been taxed however the person made it i.e. from a business venture or...
  17. johnarb

    What’s the need for alt coins?

    This ^ No worries and I'm sorry too if I reacted harshly I am not a tax expert, I consult with a professional for my taxes Bitcoin is considered (digital) property in the US tax code The important thing is cost-basis and what price at the time of sale, i.e. capital gains or loss. If you look...
  18. johnarb

    What’s the need for alt coins?

    Are you a TAX CPA? You should really put a disclaimer if you are not one before spewing out shits like that on a public forum I have a TAX CPA who does our taxes who is constantly being updated on crypto laws that are still changing You're conflating a few things (on purpose maliciously?)...
  19. johnarb

    What’s the need for alt coins?

    Bitcoin is on the blockchain, it has no location Don't avoid paying taxes. I recommend to consult a CPA Yes, there's a few crypto banks on the blockchain via smart contract. You can deposit crypto asset and earn interest in-kind, and you can also borrow any crypto asset against a collateral...
  20. johnarb

    What’s the need for alt coins?

    The altcoins are not for you, they are for the users of crypto digital asset ecosystem, which is why you are having difficulties in trying to understand them ----------------- You already have a good understanding of Bitcoin as hard money - unit of account, medium of exchange, store of value...
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