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We all know how it ended up last time... well here he goes again. This could be a sign of some potential frothiness.... not saying alarm... but saying elements of bubbles.

Chamath Palihapitiya just filed paperwork for a new SPAC called American Exceptionalism. The idea is to invest in the industries that will keep the U.S. ahead globally: energy, artificial intelligence, decentralized finance (DeFi)!

Chamath and his old investing firm once held a bag of 100K BTC but they sold FAR TOO SOON.... but the good news is once again everyone is talking about AI + Crypto - they have been my only two narratives all along... NOW THEY ARE NO longer fringe—they’re converging into the core of finance and national strategy and everyone is talking about it eg Diamandis

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oliverswayze

'Get the fucking money', in Chamath's own words

J - man

I know this is the wrong place gor this!! I don’t know how to get a question answered other than just throwing them in here and occasionally kind people read my gibberish will answer.❤️✌️ And this may be in completely insane probably because you know School‘s never taught me how to pay my taxes , or invest or anything important really I guess now that I think about it! . I’ve just gotten into this in the last few years the taxes part confuses the hell out of me, but I’ve been so focused on you like my buying price! I was so excited when Solana I had it at like 140 and I bought like a madman when it bottomed and James told me too! And basically when it hit 30 my buying price hit 30 and I went into profit and I had been red for like a long time so I stupidly stopped buying immediately and watched my profits grow. Instead of continuing buying cheap sol which I regret but my question is my bitcoin I did similar things recently. My price was still at like 34,000 for my buying price But I sold .1 of what I had which was stupid at 100 K the first time we hit it The point being as I’ve been trying to get back at least to where I was, which is wow is it hard compared to before and I can see how bad I’ve screwed up I could’ve stacked the whole coin now that I see how much I’m putting in just to get back point one, I remember clearly buying at 16 17,000 and what I would get for $100 compared to now horrifying but I digress ! I’ve done written a book already and I haven’t asked my question🙄 I thought basically to simplify it like they tax me on my profit and they figured out how much I owed them so they’re like oh you have a $30 but in price so you’re up just whatever I’m gonna make up number is 200% so you have to pay profit on that profit?because you’re up 200% But buying just a little dabs of bitcoin I pushed my price from like 33,000 to 44,000 going on 45 and I still haven’t even got back the .1 of a bitcoin and then the thought occurred to me if that’s how the taxes work don’t I want to just Buy sol until the price is not in profit same with bitcoin just make more Buys until I’m like even so that in essence, wouldn’t that make my taxes be like no gains? Am I completely off or it is this kind of how it works ? God bless anybody you can take the time to read that understand and respond to someone with my brain level, I guess If anybody knows and could tell me because it’s occurring to me like all this time of trying to hold it down I might as well push it up as far as I can before I take profit so I’m not in that much profit…?so I pay less taxes or does my profit stay the same no matter what I push my my buy in price too is that profit already on the books waiting to be taxed I’m just confusing myself. I’ll stop here if anybody knows or can tell me how far off base I am I’d appreciate it.❤️✌️ (i’m assuming I’m way off base because it’s so simple that people that were rich would obviously do just that right I mean if you made 10 million in profit and you had to pay taxes on it but you already had like 100 million why not add another 10 to 0 out your profit and then withdraw it so you wouldn’t pay taxes so I’m assuming I must be off or people like James would understand this and be doing it??

J - man

Once again, I made a mistake and I’ve been watching other YouTube videos😳 I’m wondering what anybody thinks about the timing it seems like from the having to the top each cycle has grown a little bit but even if we use the last one it’s like four weeks until that date if we add a little bit, maybe six weeks or two months I feel like I can’t bet on the extended cycle even though it makes no sense to me of the price going down with ETFs coming and a rate cut, but I can’t risk losing everything for another year. I’m in the midst of trying to fix up my house and get insurance and I’m in line with every hurricane basically that comes Here… south on the east side of Florida. No good need a new roof and an insurance company. They drop me now. I feel like Russian roulette here. (last week all the talk about the strongest hurricane ever kind of got me thinking about risk and reward and I’m on the wrong side ) Problem 1 I don’t think I can get insurance during hurricane season and I need to get the roof first and honestly, I don’t wanna jump on a dip after four years but I also can’t afford to be trapped and find out the bear market started. I don’t know how everybody got trapped last time. I’m not smart enough to know we’re the tops are it seems like everybody’s so prepared that we should know people are supposed to be euphoric and excited and not bear market?? saying it’s over cause then everybody would be calling the top. Basically I don’t know. I’m rambling ….If anyone has an opinion on this🙏🤷‍♂️ won’t the right cut pump crypto no matter what or is that not even definite ? I could’ve sworn I had heard the first rate cut markets dump??🤕

rombsix

Just got an email with subject line of "How to Retire on ETHEREUM by 2030 or sooner" from investanswerswithjames@gmail.com that read "Hey IA Family, Just a quick note today. Markets will always move up and down — that’s the game. But remember: wealth is built by staying disciplined, not by chasing noise. Stick to the plan, think long-term, and trust the math. The road isn’t always smooth, but it leads to the right destination if you keep walking it. Stay strong, stay rational. We’re in this together. Much love, James" Is this really James or some sort of scam?

Angus MaCleod

its gonna go to 111k, then 99k, then back up if you want a roof take the money now then buy back higher later unless you want a leaky roof. or buy a boat and go fishing because if we learned anything from captain Dan, its that the safest place to ride out a hurricane is on the open sea. But make sure to wear a g string so that when you get to the eye of the hurricane you get the most powerful tan. Insurance is a scam no one even needs it.

J9

It makes me wonder what the reason is for that?? Right now??

Levi

This is a lot of words TLDR. Maybe just try to sum it up and ask the question?

SmelltheMOONS

That Moonshots Pod w Diamandis is my second favorite after James. Super high level of KPM.

Dweezy

Well at least this time he has a following of all-in plebs to buy his bags

Bob

What are you talking about. He had them last time too.