🚨🚨The Harsh Reality of Altseason

Altseason isn’t a magical event. It depends on market conditions, regulations, and global trends.

BTC’s Influence:

As the king of crypto, Bitcoin’s price and dominance often dictate the market’s moves. Altcoins might only pump when BTC takes a breather.

Timing is Impossible:

Predicting altcoin booms is like guessing the weather months in advance. Even seasoned traders can get it wrong.

What You Can Do Instead

Don’t sit around for altseason. Find opportunities in any market condition. Adapt and thrive.

Bet on Strong Projects:

Focus on altcoins with real-world use cases and solid fundamentals, not just hype coins.

Ignore the Noise:

Avoid relying on predictions and rumors. DYOR (Do Your Own Research) and stay grounded in facts.

Hodl since early.

I bought a Bitcoin on local bitcoins back in the day. It was a standard bank transfer into the sellers bank account.

Since then I transferred it into a paper wallet and then eventually into a ledger.

So technically the bitcoin has never been verified on any of the exchanges.

Now I'm looking to use some off it to potentially get a car.

If I am gonna try to buy a car privately from a seller and he will accept a bitcoin. So let's say I just send it to his kraken account. I get the car he cashes it out.

Would I be in the clear for capital gains or am I living in the dream land?

Is there things I should consider before doing this?

I understand that purchasing with cryptocurenncy is a taxable event. Although I believe my bitcoin is kind of in the ether as it hasn't been on any of the exchanges and is in no way shape or form trackable back to me. (I believe)

Any tips would be appreciated on how to best approach this. Thanks.

Storage question

I have 327 bait coins and storage issues. I would love to have that extra 200 slots, but that would bring me down to a measly 27. Should I bite the bullet spinner and go for it, or wait until the St. Pat's event which is always good for a bunch of bitcoin? (I'm level 53 and have plenty of $$, but need more storage).