/biz/ - Business & Finance

>>7763706
that's exactly right
OP thinks he will be "safe" in the future because he is a cuck willing to overpay everything now, fucking KEK.
If the IRS decides to bust his ass they will find thousands of reason to do it years later, becaue there is no 1 benchmark/exchange to track every price historically, the tax agency can look at different rates from different sources and your entire cucked tax reports will go out of the window.
That's why I advise everyone to not be a KEK. Trade your way to the riches without worrying and ONCE YOU MAKE IT then consult lawyers/accountants on your situation and act accordingly. If that means going to fucking Puerto RIco or somewhere else, so be it.

But I'm sure every sane country will be more than happy to take their cut without scaring his freshly made crypto millionaire citizens away to other countries

>>7763714
then pay the 20/30% or whatever and be done with it. Simple

>>7646447
KYS you disgusting wagecuck
picrel is for you

>>6847673
well, if you live in a normal country yes
if you live in the land of the free here is how it works:

>You have to report every single fucking trade
every time you sell a coin that gained in value for another coin/fiat it's taxed
>you have to pay after every year even if you don't cash out to fiat. Mr IRS doesn't care about your long term strategy and will shake your poor pocketc like there is no tomorrow, thus compromising your trading BIGLY!
>oh I forgot, every fucking airdrop/fork/ico/pooling/donation has to be explained otherwise enjoy being accused of money laundering and saying bye to your sweet gains
>"B-but what if I sell one of my coin that grew over the year in december for a different coin and then it crashes in the beginning of the year?"
You guessed right, you're in debt now, Mr IRS doesn't care about your retirement dream, you better take overtime in McD's now to pay that debt tax so that Shaniqua can have her nails done

But, all that hassle could be dodged if you lived in a civlized country

>>6782950
you're not "buying and holding" if you buy alts with btc/eth
once you sell btc for an alt you're already realizing gain/loss thus creating a tax obligation

Burgers prepare your asses, mr Taxman needs your money for picrel
Land of the free, MAXIMUS KEK

>>6764076
like every obedient citizen absolutely should ;)

>>6699354
this

stop playing this risky game you evil goys.
Just go back to work like every proper citizen, that way we make sure everyone stays safety and comfortable. Why do you need to get so rich with this evil crypto ? arrrrghhhhh, just get back to work you fucking naz... ekhem I mean, why won't you just focus on working for mr noseberg, he will provide you with stability