Cult of Money

Posts from Cult of Money - ritualistic ways to save more, make more, and create an easier financial life for yourself. www.cultofmoney.com

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Cult Of Money

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Pick a struggle Mr. Dimon! Do you hate Bitcoin or not? 🙄 As much as Jamie Dimon claimed that Bitcoin is for criminals, his bank backed it up by supporting the approval of BlackRock's Bitcoin ETF (which happened on Jan. 10, 2024). According to CoinDesk & BlackRock, respectively, when the ETF is approved, JP Morgan is set to be one of its "authorized participants" who ensure "ETF prices are accurate and that trading is smooth..." Do you think Jamie Dimon is lying about his Bitcoin stance?

This may contain: the best tax software for filing your crypt - this year

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Cult Of Money

JUST IN 📣 Crypto counts as your money, too! So you'll need to treat it like you do your dollars when you file your taxes this year. And the best part is, we've put together the best software to make filing your crypto much easier. Learn more about them and report for tax season ASAP ⬇️ https://cultof.money/pin-best-tax-software-for-crypto-2024

This may contain: a man sitting on the floor with a microphone in his hand and text reading crypt cupid parody

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Jason Chen

Go Off

We're calling this the DEGEN ANTHEM. 🔥 Jason Chen didn't have to go off like this! Rate how good this cover is from 1-10 ⬇️

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We know that y'all are way smarter than this guy. Guess the right answer in the comments! 😅 🎥 redhead452312 on IG

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Cult Of Money

Gamers, if you recently bought an NFT with crypto in gameplay, you'll NEED to add that to your taxes. 🎮 According to the IRS, your crypto activities will either count as income or property taxes, and it helps to account for them when filing your taxes. Learn more about how to put your crypto gains in the right order with the IRS 👇 https://cultof.money/pin-crypto-games-taxed

This may contain: a man and woman sitting on top of a boat next to each other with the caption pov you accidentallyly invested in a rug - pull scam

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Rug

Friends, rug pull scams are a real problem that you can 100% avoid! What would you like to know about them this year? Share in the comments 👇

NEW NFT ALERT 📣 Donald Trump's "Mugshot" The former president of the United States, currently facing about 91 state and federal felony charges, launched the NFT collection on December 12. Apparently, each card costs $99 and if someone buys 47 or more, they also get sent a piece of the suit that Trump's wearing in the mugshot. Would you be willing to spend about $5000 in NFTs for a piece of Donald Trump's mugshot suit? 😏

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NEW NFT ALERT 📣 Donald Trump's "Mugshot"

NEW NFT ALERT 📣 Donald Trump's "Mugshot" The former president of the United States, currently facing about 91 state and federal felony charges, launched the NFT collection on December 12. Apparently, each card costs $99 and if someone buys 47 or more, they also get sent a piece of the suit that Trump's wearing in the mugshot. Would you be willing to spend about $5000 in NFTs for a piece of Donald Trump's mugshot suit? 😏

This may contain: a man with glasses on his face and the words icym whoops you have to pay taxes on your crypt gains

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Crypto And NFT Tax Rates | How Taxes On Cryptocurrency Work

Friendly reminder that tax season is already in full effect and NO, your crypto isn't tax-exempt! You never want to be in a position where you owe Uncle Sam. So, it helps to always keep all your transactions recorded and accounted for. If you want to include your crypto in your tax filing this year, here's a breakdown of what you need to do ➡️ https://cultof.money/pin-crypto-and-nft-tax-rates