“Passive” income thread~~

Hey bot trading bros, fellow bot trading bro here.

Currently making between $100-700 day.

My business isn't even in crypto but it is with bots. Working on a crypto bot right now but I'm really worried the crypto-crypto trade taxes are going to ruin the potential profit, what do you guys thing?

Do you see this remaining at profitable in the future with exchanges caving in to IRS rules?

Yeah it definitely is a worry. Although I'm not in the US and my Taxation laws are pretty vague so I'm pretty safe for a year or two I think. Planning on heading to Germany/New Zealand/Singapore to cash out if I make it big.

>passive income

To be honest I've only got a very limited window for my strategy. I don't see it working for more than 3-6 months so I'm just making the most of it now.

I wouldn't say scammer, my apps are legit. Theyre just simple like calculators, compasses, memo pads, AI chess/checkers/go games, etc. Nothing mind blowing.

I have some friends in the youtube route. With youtube, Ive found everything hinges on consistent content creation and the connection with other youtubers you have.
Since thailand is a popular tourist destination, maybe you can create content based on the more 'unknown' spots, say ike once a week. Theres a bazillion thailand channels out there and youre competing against high HD quality videos, so you will need some help from other already established youtubers for the PR. Once you establish a niche, you can actually pull in deals from local restaurants to advertise their food and what not, then youre golden. Good luck, sounds fun.

IRS will only tax PROFITS, so yes.... shit if you lose money you can even deduct up to $3000

im a gook, so i benefit a largely from the gook premium + no crypto taxes (yet). Ive been looking into setting up a cash for coin site where I pay slightly more than the market price, then profit off the gook premium.
But yeah, those taxes are definitely gonna put a dent in fast high freq. trading bots. Bots will always beat standard slow normie click to buy/sell methods though

If you can tell me how to get started with bots, I can tell you my tax-free cash out method.