ye ye

Today's Binance alpha interaction has been completed
Trading target: KOGE
Number of trades: 9 buys and 9 sells
Transaction amount: 1024u tier
Transaction price: System recommended
Transaction wear: 1.82u and 1.81u
Trading mode: Binance app—Assets—Trading platform—alpha—Limit order

Yesterday someone asked me about recent alpha earnings;

First, let’s talk about last month, my account had 8 with 266u, my girlfriend's account had 5 with 154u, this is pure profit, already excluding daily interaction costs;

This month based on 2+15 points per day, a total of 255 points in one cycle, two dining modes;

First mode: Participate in each 200 points purchase, a cycle of 4 purchases, each time 50u, monthly income 400u, minus costs of 54u, expected profit 346u;
Second mode: Participate in high-score segment, 2 times per cycle, each time 100u, monthly income 400u, minus costs of 54u, expected profit 346u;

Does Binance help us calculate everything? The price of individual projects in both modes will fluctuate, whether to hold or sell at the opening also affects earnings, everyone should make their own decisions!

Today's inspirational quote:

What does your ideal bookstore look like?

I still have a wish to paint a bookstore, its outer wall is yellow and pink in the twilight… just like a lamp in the dark.

Lewis Buzbee, "The Light of the Bookstore"
Shanghai Sanlian Bookstore · New Classics

Alright, the new currency cannot be used, take it as a warning

Don't be so unfair to me, I've already gone through facial recognition for pre-check, and after that for the airdrop, I couldn't grab it after 5 or 6 tries, how am I supposed to play like this?

Absolutely bandit-like behavior.

Friends around me have been receiving overseas stock trading tax notification one after another. Initially, it was the large investors trading US stocks with over 5 million dollars who received tax notifications, then those with 1 million, and now even those with less than 500,000 dollars are being notified to pay tax.

What's even more absurd is that they only tax the profitable trades at 20%, while the losses are ignored. For example, if you enter with 2 million dollars and first lose 500,000, then lose another 350,000, and then lose 200,000, you would only have 950,000 left. Later, if you manage to make a profit of 600,000, your assets would return to 1.55 million dollars. As a result, that 600,000 profit is taxed at 20%, which is 120,000 dollars, leaving you with only 1.43 million dollars.

Calculating from start to finish, from 2 million to 1.43 million, you overall lost 570,000, but just because there was a profit in between, you had to be deducted 120,000. It means you have to endure the losses yourself, and as soon as you see a bit of recovery, you have to pay tax.

In other words, even if you are overall losing in stock trading, as long as you have profitable trades, you will be taxed 20%! It's simply shameless.

It would be ridiculous if they start taxing cryptocurrency trading like this in the future.

Keep increasing😭