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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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23485080 No.23485080 [Reply] [Original]

An anon posted about QBTC.U - The Bitcoin Fund last month.

I sold most of my stonks in my TSFA and RRSP and bought QBTC before the price ran up.

FELLING COMFY AF

I'm going to dca more. Tax free bitcoin in your retirement account.

Good bless Canada.

>> No.23485381

>>23485080
congrats, you just lost your tsfa privileges. This is an adventure trade.

>> No.23485557

I'm thinking about doing the same. I don't wanna get hit with capital gains

>> No.23485569
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23485569

>>23485080
>>23485381
>this guys is about to pay tax in his tax free account

>> No.23485864

>>23485080
U can’t buy QBTC in your TFSA

>> No.23486540
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23486540

>>23485864
>U can’t buy QBTC in your TFSA

You're really fucking stupid. Stay poor, you stunned prick

>> No.23486578

>>23485080
I missed the announcement of this, somehow. Thanks for making a post though anon. I'm pulling out of most of my boomer stonks on Monday before the election and waiting for a divvy to pay on the 28th before pulling out of that. Will be eyeing this after the inevitable market dip after election results. God bless

>> No.23486699
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23486699

>>23486540
he means you CAN buy it but you'll get taxed on it since it doesn't qualify for the TFSA privileges. But go ahead and buy it just to take Trudeau's tax cock in your shitty ass come tax time.

>> No.23487009

>>23485569
the CRA is very particular about what is allowed to be tax free. Trading, adventuring, or anything of the sort is taxed as business income, even in your TFSA. They leave the laws ambiguous as well so they can hit with this as they please.
https://www.google.com/amp/s/financialpost.com/personal-finance/taxes/woman-who-used-swaps-to-run-tfsa-up-to-200k-from-5k-in-one-year-suffers-triple-loss-in-court-appeal/wcm/57bbc982-31b4-451b-bb2f-1a5ac55ecda4/amp/

>> No.23487502

>>23485080
>crypto
>tax

>> No.23487752
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23487752

>>23485080
Todays call is an absolute low cap gem project.
It has a really really smart UI and well below 100k market cap.
Less than 500 people have it in their wallets and the team has locked liquidity for a year and commited to the long term future of the project.
You guys are going to absolutely love this one.

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