chad_yield

Member
20
Posts
152
Reputation
Apr 29, 2017
Joined
Recent posts
  • I dont know the probability but I think at this stage there is a possibility of it happening. Percentage wise IMO - 50%! If the question had been asked at the start of the month I would say the probability was very low…

  • DCA and Buy the Dips are popular proven methods to buying Bitcoin. The OP's third method is viable but its holding FIAT for the chance to buy when/if the Bitcoin price falls further in a dip or a big pull back - which…

  • First off the Bitcoin market doesnt just do one thing, it doesnt keep going up. There are a lot of forces at play in the market which results in a sideways movement within a $10k window. The war on Iran happened within…

  • The largest amount I ever transferred from Coinbase was €3800 back in 2017 into an Irish bank and there were no questions asked and no TAX implications either! I would imaging as the amount increases so too do the alarm…

  • Yes there is definitely that reason for some people being afraid, there are others who still view Bitcoin as a ponzi or a scam and others still that just dont understand Bitcoin as so are quite happy to save FIAT or…

  • Timing the market really comes down to luck in 99% of cases, its really difficult. DCA is a solid approach to stacking Sats but I would imagine there are people now who are holding out or have been holding out (like…

  • Overall I think its good news and ignores the likes of Greenpeace's concerns over Bitcoin mining and its supposedly non Green credentials. In Europe here I recon Bitcoin mining is treated and taxed like most other…

  • absolutely! Golden Opportunities lie ahead. As with the beginning of every Bear market there are predictions and warnings of an imminent bottom and the same for the market to buck the trend and find new ATH's. ATH's…

  • I think the OP needs to read the T&c's from the exchange. I would expect that the exchange are collecting taxes on behalf of each member to furnish to the government. I dont know why an exchange would get involved with…

  • move to trading board

  • Totally agree Findingnemo, the business class can aviail of legal ways to reduce the amount of TAX they pay, they also have access to financial and legal advice from accountants and solicitors which they already have…

  • yes 33% is quite high and I believe there are lots of wealthy people availing of the opportunities to reduce what they have to pay. Interestingly here is an example of two good friends who managed to evade this [its…

  • Serbia, hmmm the postal address on the site is HOng Kong! Interesting read Lucius, this gives an insight into the fees they charge. OK Then, I guess I wont be [or qualify for] using the services of the Nomad Capatilist,…

  • -Reserved-

  • I thought it woould be interesting to find out which countries do not TAX crypto, Here is a list of 10 which is dated this year but verification will need to be done as the laws in some countries may have changed.…

  • I've been digging into how to lessen my tax burden, especially with capital gains tax. I'm planning to sell some crypto (mostly Ethereum) later this year, you know, when Bitcoin hits around $200k. The tax hit for me…

  • I dont follow you Lucius, I'm looking at your post and I'm thinking, thats what I posted anyway. The OP isnt going to be earning Bitcoin, he has it for a number of years and wants it in FIAT Someone pointed this out to…

  • Are you an EU citizen? if yes then there are a few options where Crypto is TAX FREE. As an example: 1- Germany [Portugal is similar] On February 27, 2018, the Federal Ministry of Finance (BMF) has clearly expressed its…

  • Havent seen a prediction as low as $25k so far - it does seem extremely low though. It could possibly just be an attempt to influence the followers and others like a self fulling prophesy, maybe Wuming_Mr_ really…

  • If you have come to be around Bitcoin for at least 4 years you will have experienced this current market shift before, its nothing new and if anything the OP better hold on tight because its going to get "scarier" for…