I’ll use myself as an example. I’m nowhere near rich, CGT is...

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