everyone thinks japan easing up on crypto taxes and greenlighting $BTC etfs is an instant green candle, but actually, frontrunning this macro shift is a trap that will wipe out impatient leverage traders.
most of us see these headlines and immediately market buy at the local top, only to get liquidated on the inevitable sell-the-news correction before the actual capital flows in. we have seen this play out with almost every major regulatory milestone this cycle.
looking at the actual proposal, the world's fourth-largest economy is planning to slash crypto gains tax from a brutal 55% down to a flat 20% while opening the gates for institutional $BTC and $ETH etfs. that is massive for long-term liquidity, but these policy changes take months to actually implement.
if you look at how the us etf launch went, we had weeks of choppy downside and washouts before the real run started. japan's transition will likely follow the same blueprint, meaning the smart play is patience rather than apeing into high leverage the second the bill passes.
are you guys accumulating now or waiting for the official policy launch?
#bitcoin #cryptotax #macro
most of us see these headlines and immediately market buy at the local top, only to get liquidated on the inevitable sell-the-news correction before the actual capital flows in. we have seen this play out with almost every major regulatory milestone this cycle.
looking at the actual proposal, the world's fourth-largest economy is planning to slash crypto gains tax from a brutal 55% down to a flat 20% while opening the gates for institutional $BTC and $ETH etfs. that is massive for long-term liquidity, but these policy changes take months to actually implement.
if you look at how the us etf launch went, we had weeks of choppy downside and washouts before the real run started. japan's transition will likely follow the same blueprint, meaning the smart play is patience rather than apeing into high leverage the second the bill passes.
are you guys accumulating now or waiting for the official policy launch?
#bitcoin #cryptotax #macro