Doing The Doge & Discovering Malaysia Doesn't Have CapGains On Crypto

First trade ever get up, wild wild west vibes 🔫 get outta Doge kid ! Or get init???

https://www.ccn.com/crypto/malaysia-orders-unregistered-crypto-exchanges-shutter-refund-users/2019/07/05/

Happy to see this Malaysia is one of the most attractive countries in the world to hold and transact in cryptocurrencies. This is because owners of crypto assets are not required to pay a capital gains tax when their holdings appreciate in value. Other cryptocurrency transactions in Malaysia are also tax-free.

Hopefully, my first trade on binance will reap me some rewards I won't be taxed on 😉 although I'm still a US citizen 🤔 I'll look into this stuff when I'm not talking about pizza money. 🍕

Oddly enough yesterday I looked to buy Doge coin but to my surprise it wasn't listed. Fast forward a half day and I saw that at 8am NY time doge was set to be listed and the price was surging. Most likely I got swept up in some hype and made a silly trade.

I'm a fan of doge though and if it's good enough for Elon Musk it's good enough for me amirite?!? 🤔 Anyway, it's just some wishing well money and it's not like keeping steem on a dax was doing anything for me. Basically, this was a Friday night entertainment trade to pop my cherry 🍒

But, discovering I live in a crypto tax haven was an eye opener and I'll get back to researching my future moves. My plan is to focus on hodling steem layered tokens and playing with my small steem rewards. I'm not seeing much value in increasing my SP as it would take 10x what I have to see any decent curation rewards.

Anyone else pounce on this doge? Feel free to tell me I'm an idiot for bothering with a btc clone, I'm not taking these tiny trades very seriously but am interested to know what the intelligent players think..

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