The US Tax System


Is a slow but extremely ruthless machine
It won't remind you to exit at the high
Nor urge you to enter at the low
It only, when the time comes,
Demands people to cash out

I've seen this situation too many times:
Prices are pushed to a seemingly safe level at the beginning of the year
People talk about prospects
Talk about trends
Talk about how this time is different
Yet deliberately ignore a fact

Tax
Never accepts faith
Only accepts dollars

Under this structure,
The market often presents an enticing move
It may go up first,
Create a short squeeze,
Make the last shorts give up their chips,
Encourage the hesitant to chase high

This is not the start of a trend,
But a courtesy before liquidation

The true price
Usually returns to where it should be
Before the bill starts to take effect

In my view, this time is no exception

If the price chooses to fall back,
It won't stop at the first discussed level,
Nor respect any emotional support,
It will keep stepping down,
Until most people start to doubt:
Is it not supposed to rise anymore?

2450
Is the place I am willing to wait for seriously

Not because this number is mysterious,
But because it’s enough to make people uncomfortable

2510-2490-2470-2450-2430,
Waiting for that one needle,
These are not predictions,
But steps I am willing to hand over my chips to time

I won't bet on faith at any specific point,
I only allow the market to gradually hand over chips to me at these levels

If it really steps down,
This needle,
Maybe enough for me to not worry about long positions for the next half year

And if it doesn't come,
I have nothing to lose

Because the truly expensive thing
Is never missing an opportunity,
But prematurely expressing myself in the wrong place

The market doesn't owe me a dip,
And I don't owe the market a chase high

I only do one thing:
When others are eager to prove themselves,
Stay quiet,
Let the tax form do the cleaning for me

—— Big Shark - Trading Notes $BTC $ETH
BTC2,23%
ETH4,52%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)