In this episode of the Ben and Bergs podcast, Ben and Bergs discuss investment strategies for a hypothetical $100,000 in crypto. They explore various approaches to investing, including the importance of Bitcoin, Ethereum, and altcoins, as well as profit-taking strategies and long-term financial goals.

Takeaways

1. Investing strategies should align with personal financial goals.

2. Bitcoin remains a cornerstone of any crypto portfolio and whilst diversification is key, Bitcoin should be a priority

3. Understanding your risk tolerance is crucial in crypto investing.

   
   

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   💻 If you are a busy professional and want to take the uncertainty out of your crypto investment journey with expert insights powered by world-class research from a team with a track record, you can book a complimentary 1:1 strategy call with Collective Shift: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://collectiveshift.io/strategy/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

   📺 YouTube: https://www.youtube.com/@benandbergs

   🎙 Podcast Links:

   Apple Podcasts: https://podcasts.apple.com/us/podcast/ben-bergs-|-crypto-business-sports/id1629581403

   Spotify: https://open.spotify.com/show/5xir3V8fvtmHTAQy2D9dQd

   👉 Connect with us:

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   Ben: https://twitter.com/bensimpsonau

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   Ben: https://www.linkedin.com/in/bensimpsonau/

   Bergs: https://www.linkedin.com/in/aberghuber/

   
   

   Disclaimer: We are not Financial Advisors. All opinions expressed by Collective Shift representatives and/or guest/s in this video are intended for informational purposes only and should not be treated as investment or financial advice of any kind. Any information provided during the video is general in nature and does not take into account the viewers' specific circumstances. Collective Shift and its individual team members are not liable to the viewer or any other party for the viewer’s use of, or reliance on, any information received, directly or indirectly, from the video in any circumstances.

In this episode of the Ben & Bergs podcast, Ben and Bergs welcome Adrian Forza, Crypto Tax Australia, a leading expert in crypto taxation, to discuss the complexities of tax compliance for crypto investors. They explore the journey of Crypto Tax Australia, common pitfalls in tax reporting, the importance of declaring taxes, and strategies for structuring investments for tax efficiency.

Takeaways

1. Every transaction in crypto is a taxable event, contrary to popular belief.

2. Declaring taxes is crucial; the ATO has access to extensive data on crypto transactions and they are becoming more sophisticated in tracking them

3. Investors should not let tax considerations prevent them from making profitable trades.

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📧 Join the Collective Shift newsletter for weekly crypto insights: https://collectiveshift.io/newsletter/

💻 If you are a busy professional and want to take the uncertainty out of your crypto investment journey with expert insights powered by world-class research from a team with a track record, you can book a complimentary 1:1 strategy call with Collective Shift: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://collectiveshift.io/strategy/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

📺 YouTube: https://www.youtube.com/@benandbergs

🎙 Podcast Links:

Apple Podcasts: https://podcasts.apple.com/us/podcast/ben-bergs-|-crypto-business-sports/id1629581403

Spotify: https://open.spotify.com/show/5xir3V8fvtmHTAQy2D9dQd

👉 Connect with us:

Twitter

Ben & Bergs: https://twitter.com/benandbergs

Ben: https://twitter.com/bensimpsonau

Bergs: https://twitter.com/BabyBackBerg

LinkedIn

Ben: https://www.linkedin.com/in/bensimpsonau/

Bergs: https://www.linkedin.com/in/aberghuber/

Disclaimer: We are not Financial Advisors. All opinions expressed by Collective Shift representatives and/or guest/s in this video are intended for informational purposes only and should not be treated as investment or financial advice of any kind. Any information provided during the video is general in nature and does not take into account the viewers' specific circumstances. Collective Shift and its individual team members are not liable to the viewer or any other party for the viewer’s use of, or reliance on, any information received, directly or indirectly, from the video in any circumstances.

Is it time to sell? Ben & Bergs tackle the tricky question of selling at the top of the crypto market in this episode.

They also explore the unrealistic expectations many investors have about timing the market perfectly and emphasize the importance of understanding market dynamics and the emotional challenges faced during bull markets.

Takeaways

• Markets create their price based on the last buyer and seller.
• Nailing the top is very unlikely; aim for within 15%.
• Dollar cost averaging is recommended for selling.

🔔 Enjoyed the episode? Hit SUBSCRIBE and turn on notifications for more!

📧 Join the Collective Shift newsletter for weekly crypto insights: https://collectiveshift.io/newsletter/

💻 If you are a busy professional and want to take the uncertainty out of your crypto investment journey with expert insights powered by world-class research from a team with a track record, you can book a complimentary 1:1 strategy call with Collective Shift: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://collectiveshift.io/strategy/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

📺 YouTube: https://www.youtube.com/@benandbergs

🎙 Podcast Links:

Apple Podcasts: https://podcasts.apple.com/us/podcast/ben-bergs-%7C-crypto-business-sports/id1629581403

Spotify: https://open.spotify.com/show/5xir3V8fvtmHTAQy2D9dQd

👉 Connect with us:

Twitter

Ben & Bergs: https://twitter.com/benandbergs

Ben: https://twitter.com/bensimpsonau

Bergs: https://twitter.com/BabyBackBerg

LinkedIn

Ben: https://www.linkedin.com/in/bensimpsonau/

Bergs: https://www.linkedin.com/in/aberghuber/

Disclaimer: We are not Financial Advisors. All opinions expressed by Collective Shift representatives and/or guest/s in this video are intended for informational purposes only and should not be treated as investment or financial advice of any kind. Any information provided during the video is general in nature and does not take into account the viewers' specific circumstances. Collective Shift and its individual team members are not liable to the viewer or any other party for the viewer’s use of, or reliance on, any information received, directly or indirectly, from the video in any circumstances.