I’ll use myself as an example. I’m nowhere near rich, CGT is nothing , it’s just based on normal tax brackets and as if I was working. I’m nowhere near the top bracket. Also I had losses previous so I would be paying minimal tax.
Most people invested into IOU only has $1-2k in and probably in the middle of low income bracket so I dare say a bit of tax does not matter.
Also I have thrown away large profits in the past (>$10k). I developed a new strategy that looks at the positive things now. It’s too much for someone like me to gamble with and every dollar helps me for my future.
If I was earning $200k + like some here i can say it’s nothing but it’s all relative to everyone position.
Someone quote me on this 10 years from now. I would probably be doing $20k + trades then maybe
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Last
1.7¢ |
Change
0.002(13.3%) |
Mkt cap ! $20.44M |
Open | High | Low | Value | Volume |
1.6¢ | 1.8¢ | 1.6¢ | $44.25K | 2.618M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 403261 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.8¢ | 451083 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 403261 | 0.017 |
4 | 382500 | 0.016 |
10 | 2834235 | 0.015 |
5 | 2569851 | 0.014 |
3 | 1243596 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 451083 | 4 |
0.019 | 296863 | 4 |
0.020 | 287101 | 6 |
0.021 | 720589 | 4 |
0.022 | 153118 | 6 |
Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
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