RE: LeoThread 2025-10-01 18:20
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A reminder to have more than enough buffer in your finances for unforseen things. When multiple financial shocks hit you bank account, you better be prepared.
For me it is a tax payment I missed and the fact that I needed to pay my book keeper too, which I counted on to have to do in January next year. I paid all of that with the winnings from poker tournaments. I have payments monthly that took the rest. (mortgage and rent for our office, Insurance, my subscriptions etc)
But since I don't work a lot these days I am now standing with my bank account in debt. It will resolve in the next few days since I have a payment coming in from bitpanda. I had to sell a chunk of $LEO to resolve this issue. And now I will fight to get it back ASAP.
I fear tax like Cancer. Our government is about to introduce income tax which means anyone with a bank account will have to pay tax as from January next year. This will be too much for many people considering that the economy is very bad.
Taxation is theft. Only the top 2% could pay all the taxes still be 50-100x richer than the middle class.
This is very true. Liquidity is king.
!vote
Nevertheless I am happy I could resolve the issue with selling about 30% of my LEO. I wish it could have been something else. Now back to picking every $LEO I can.