>>14933084The poorfag doesn't lose money though. The poorfag dumps all of their money on whatever is "hot" right away. Then they get off once everyone has stopped buying. Before taxes, and as a poorfag, I min-maxed my trades to the extent that I never kept >10% liquid. It was all in coins, didn't matter which coin. Buy red, sell green, sure, but also, and I can't stress this enough, "buy reddest. sell greenest. *****Start selling red with decreasing positive slope, move money into coin that is still increasing with more volatility.***** It's why Ina and Towa made me so much God damn money even though I never held more than 8 Inacoin long term and I never bought Towa. Coin goes red at adjustment, buy some all morning, sell it all in the evening because it's still going up, even if they didn't stream or had bad numbers.
I do slightly agree in that it needs to be capped somewhat, and still taxed somewhat FWIW. You're not arguing against "NO TAXES, NO LIMITS" - you're arguing against "the current multi-coin system is stiflingly overtaxed">>14934920Kind of. It would also instantly increase starting liquid by an order of magnitude. You might be onto something.
