Percentage of portfolio in crypto?

You are hung up on the currency part.

Forget about that part of the name, (a rookie mistake) and look at the potential utility of the crypto, what use has it now and what is it trying to do in the future, that’s where the money will be made.

Link is everywhere and that should be simple to DYOR on and Rose requires a little bit more work to understand, but it’s all there for you to see with a little bit of research, think Chinas WeChat app and that’s a potential use of Rose in the west with Meta, plenty more as well.

The starting point for all research should be who are the early investors in the project, these hedge funds are in the business of making money, so just follow them and you won’t go to far wrong.

Crypto is a one in a life time opportunity to turn €1000 in €1 million if you get in early on the right project , that’s not happening with the traditional stock market.

Making something subject to CGT does not acknowledge that it is currency; just that it is an asset - i.e. something which can be bought and sold. Most CGT applies to transactions in assets that are not currencies.

Start here, global standards... look at the people and who they are associated with

Then check out here, the people and who they are and what they are invested in.

https://en.idgcapital.com/

You are clueless.

Here is a starting point for you to get stuck into.

When internet was created someone had to then come along and standardised certain aspects of it, HTML I’m sure you know, well we are at the start of blockchain and the standards are being created right now.

So if you hand any sense you would be looking at who are setting regulations and who then is working to meet these requirements to operate in the US/EU/China, these will then become the global standards, it’s not difficult to understand or is it?

I will try make it as simple as possible so yourself and jim2007 and anyone else who is struggling can understand. Its not cryptocurrency, it blockchain, get your head wrapped around that and you will have a easier time understanding.

Traditional finance is moving lock, stock and barrel into blockchain and have been for several years, dont mind what they say mind what they are doing, James Dimon CEO JPM has said anyone buying BTC is a idiot and he would fire them, he could be true to his word, but JPM are putting money into blockchain and have been since before ETH was launched.

So two things we all know about in finance are Money transfer and Attestation/Auditing, who would be considered the gold standard for both? So we are on the look out for the coming blockchain gold standard

Money transfer =Swift

Attestation and Auditing = PWC, Deloitte, EY and KPMG

We know a blockchain solution for money transfer is coming, Swift has told us so, it will be ISO 20022 compatible, that info narrows the field down, so you look for ISO20022 compliant blockchain projects one of them will become the blockchain standard.

Ripple is ISO20022 and rumours are Russia could use it to bypass the ban from Swift, could be why the SEC is cracking down on Ripple? (dont forget XRP token not needed to use Ripple).

PWC, Deloitte, EY and KPMG, $167b in revenue, so when traditional finance moves to blockchain it will need these services, so lets say 10% of this business moves to blockchain, that would be $16.7b per year in revenue, now lets say there is only one show in town for this service on blockchain, it has 1billion tokens, at $1 each today, once up and running it will generate the $16.7b in revenue , this will be shared with the staked token holders, so each token will earn its holder $16.70 per year, so a investment of $1,000 today will generate $16,700 for the holder. Now do you think a token that generates $16.70 per year in earning will stay at $1? At a unheard of in traditional investment, return of 20% would value the token at $83.50 each, 10% return at $167, a more realistic return on your traditional investment of 5%, that is a stunning $334 per token.

How will we be making money i hear you ask, well these blockchain services will run on POS and by holding and staking these tokens you will get a share of the revenue equal to your holdings. Venture capital funds usually have a website with their investments listed and they are mad for POS tokens.

Currently ETH is POW and all the transfer fees (GAS) all go to ETH miners, once ETH moves to POS all of these fees go to ETH holder who stake their ETH, you need to stake 32ETH to get a full share, now ETH is expensive today but it launched at 31c

Today ETH $15 avg transaction fee, it fluctuates, today its 46.81gwei, 1st Feb it was 155gwei

1.1mil transactions

$16.5m transaction fees today would shared among the stakers when POS is up and running.

90%+ of blockchain projects are worthless, So you want to be looking for projects that are setting themselves up to become the standard in blockchain, look for project that are aiming to do one thing and do it well, one thing to look out for is who is investing in these projects, these wall street banks and Venture capital funds are out to make money and if they can will gobble up the lions share of these tokens, lucky for us to avoid monopoly and anti-trust lawsuits the projects are available for the public to buy, but they hide in plain site what they are doing, it requires a bit of digging.

Five years from now in front of regulators the banks and Venture capital funds will be saying "Honestly it not a monopoly, anyone could have bough it if they DYOR and seen the potential like we did". and they will be correct, and those here who fail to understand this golden opportunity will be sick to the pit of their stomach.

I assumed nothing!

I tried to dumb it down as much as I could so everyone could follow, it seems I did not dumb it down enough, anyway if you do ever buy crypto I hope you make a good profit.

For those still up to speed, it all about global standards, what will be used in US/EU/China, remember the gate keepers are the SEC, GDPR and BSN, get approved by all three and you have a winner.

Russia kicked out of SWIFT, oh no! What will we do says Putin, we will use the Chinese service CIPS.

Lets take a look at CIPS and see what it all about.

ISO20022 is here again

So we dig a little deeper into Chinas BSN and what do we find?

""BSN has an ambitious plan to provide a standardized, nationwide public infrastructure network supporting most efficient blockchain development and deployment. Chainlink is the industry-leading oracle solution provider. ............"

In the works for years with SWIFT and China

Do what you will with this info, but I don't ever want to see any posters moaning that they missed out because they did not know.

If you are going to quote me, use what i actually posted, don't make it up, that is bad form.

I believe i would have to start sniffing glue to get to the level of dumb you require, anyway best of luck with your investing, its at $15.30 now, down from a ATH of $52 so don't worry about me I'll be Ok, only looking at 3,000% profit today and climbing😂🤣😂🤣😂🤣

The average annual earnings for employees in Ireland is €40,283 per year 

Limit it to 1% of your worth, lets break that down, probably age 30 and renting, have at most €20k in bank, so that would be big investment of €200, better of going down to paddy power FFS.

Ok maybe a little older, 40 a wife and two children, a house worth €350k(we wont count the 25 years to go on payments) and would be lucky to have €20k in bank, this 1% nonsense is not worth the effort. Don't include the mortgaged house in your net worth and your in the same boat as the single 30 year old.

Big changes are coming to the world and they are coming fast, either study hard and find what you want to invest in and pull the trigger soon or forget about it, the future monetary system of the world is already in the oven cooking as of now and the probabilities of it using some current crypto currency that you can buy now is high.

14th March

In two weeks, China, Russia, Armenia, Belarus, Kazakhstan, and Kyrgyzstan will reveal a new, independent, international monetary and financial system.

It will be based on a new international currency, calculated from an index of national currencies of the participating countries and international commodity prices.

We’re in a bear market. The standard advise now is stay in Bitcoin until the market picks up and set up monthly buys. Just be prepared to see the price fall further.

You also need to be prepared for this to go on for up to two years.