All Things Crypto

ATC quote · Aug 21, 2025 · 0:58:38

“Alex, do you think... I'm just curious. And, Sandeep, I got you. I'm coming right now. I just wanna ask Alex this question. I can almost... Like, I will make this claim. I would say that 90% of…”

Dave @DCBK2LA

From All Things Crypto BTC 10k? Yeezy down 70%, Aug 21, 2025 · Episode page

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0:55:18 ALEX DAMSKER @AlexDamsker: Okay. So a nontrader perspective because these are trader perspectives, which are cool. They're... I mean, they're really good trader perspectives. I'm I'm I'm just not a trader. I'm a long term investor, so just as a different perspective. So from, like, more of a macroeconomic view, this is a sell market. It's a classic sell market. It's been overpriced for a long time. And, and this is what I've talked about for…

0:58:38 Dave @DCBK2LA: Alex, do you think... I'm just curious. And, Sandeep, I got you. I'm coming right now. I just wanna ask Alex this question. I can almost... Like, I will make this claim. I would say that 90% of crypto Twitter, when they put money into something, they have zero idea what their actual cost basis is for that specific... Because this... The whole swapping of currency thing is, like, it... It's a foreign concept to a…

0:59:20 ALEX DAMSKER @AlexDamsker: I mean, first of all, they're all liable for it for taxes. So I hope they know. Second, if they bought it on an exchange, they can find out because the exchange will tell them. Right? The exchange has to keep records of what you bought and the price that you bought it at. So the third thing is you might have bought things at different prices. Here's the big question. When you sell something, how do you know if…

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