Gensler leaving!!! So many bullish signs! https://x.com/garygensler/status/1859658192298574096?s=46&t=6qxkjCfHExwuVd5u_289OA

@Crypto Sloth 🙏 thank you, I learn from the best! That is very true, you have to have a lot of utility up front to entice someone to want to buy, either price or community. There is also the potential to merge the two using an ERC 404, and use LP and NFT positives to further provide utility. As well as the idea I have been working on :)

LFG!

My ideal portfolio is one that builds generational wealth, enabling my family and future generations to thrive because of the actions I take today. It focuses on creating a substantial store of value while incorporating assets that generate passive income. Ultimately, I aim to establish a trust to ensure these resources are managed responsibly, economically, and used for good.

@Skhool Account def check this video out. Before the end of the year if you take a snapshot of your account and all assets you can establish that as your baseline cost basis. https://youtu.be/AlX37iJdyy8

@Skhool Account from what I have researched the loan of usdl has no tax on that amount of money, and a taxable event requires a purchase then a sell and the difference from your cost basis (what you bought it for). Because the PLS is being liquidated or sold it would be considered a loss. Also airdrops are taxable as well :( that would be amazing if the rumors that Trump will remove capital gains taxes on Crypto is true!

I think it largely depends on your starting position, the size of your investment, and your confidence in the fundamentals. If you’re starting with a smaller position, allocating a large percentage to a liquidity pool (LP) can be risky compared to holding for long-term gains, so initially, the focus might be more on accumulation. Once you’ve built a position and feel comfortable setting aside a small portion for LP—understanding there’s a risk of loss—you can determine the percentage based on your risk tolerance. Running scenarios with different percentages can help you gauge if your long-term position remains comfortable for you. My goal along the way would be to eventually withdraw my initial investment, so I’m operating solely on profits and yield. At that point, I can adjust percentages based on my needs, using the yield to increase both my long-term holdings and LP position. Since market conditions are always changing, there’s no single perfect percentage, and adjustments will likely be necessary over time.