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Anonymous Wed Dec 16 11:54:47 2020 No.24857702 [Reply] [Original]

>sell BTC at 18k
>buy back at 17k
>sell at 19k
>buy back at 18k
>sell at 20k
>buy back at 19k

What is this strategy called?

>>	Anonymous Wed Dec 16 11:55:43 2020 No.24857729 >>24857702 the poorfag shuffle

>>	Anonymous Wed Dec 16 11:57:13 2020 No.24857788 >>24857702 the fomo shuffle

>>	Anonymous Wed Dec 16 11:57:25 2020 No.24857794 >>24857702 the 'Giving The IRS A Raging Boner' strategy

>>	Anonymous Wed Dec 16 12:01:15 2020 No.24857935 >>24857794 What does this have to do with the IRA? Don’t you pay taxes when you cash out?

>>	Anonymous Wed Dec 16 12:02:09 2020 No.24857974 >>24857702 Elevated risk with taxable events.

>>	Anonymous Wed Dec 16 12:10:22 2020 No.24858250 >>24857974 >>24857794 But if trade with tether I don't have to pay taxes?

>>	Anonymous Wed Dec 16 12:12:04 2020 No.24858307 File: 20 KB, 500x470, c9f.png [View same] [iqdb] [saucenao] [google] >>24857974 >>24857794 >Paying taxes Dios mio

>>	Anonymous Wed Dec 16 12:12:38 2020 No.24858323 picking up pennies in front of a steamroller

>>	Anonymous Wed Dec 16 12:13:43 2020 No.24858358 >>24857935 In a lot of jurisdictions crypto-to-crypto is a taxable event. So if you do this make sure you dont lose your stack or the taxman will rape you.

>>	Anonymous Wed Dec 16 12:15:38 2020 No.24858438 >>24858307 yeah it sucks

>>	Anonymous Wed Dec 16 12:17:35 2020 No.24858517 File: 715 KB, 800x871, kang2.png [View same] [iqdb] [saucenao] [google] >>24857794 >paying taxes to niggerworshippers dead set on white-genocide Uhhhh...no.

>>	Anonymous Wed Dec 16 12:21:31 2020 No.24858664 >>24858323 great analogy

>>	Anonymous Wed Dec 16 12:21:32 2020 No.24858665 >>24858323 lmao

>>	Anonymous Wed Dec 16 12:24:17 2020 No.24858774 File: 669 KB, 737x727, 1607142791321.png [View same] [iqdb] [saucenao] [google] >>24858250 Nope, at time of transfer between any crypto, it's a taxable event. Pucker up for the IRS unless this is all within an IRA account.

>>	Anonymous Wed Dec 16 12:26:46 2020 No.24858867 File: 31 KB, 680x365, 1578341258317.jpg [View same] [iqdb] [saucenao] [google] >>24857794 >>24858250 >>24858358 >>24858774 >amerilards get cucktaxed even for crypto-to-crypto transactions hold me bros

>>	Anonymous Wed Dec 16 12:28:58 2020 No.24858941 >>24857702 The anti-hodler Practiced by folks erryday in equities too!

>>	Anonymous Wed Dec 16 12:28:59 2020 No.24858943 How are you guys not paying taxes on buying BTC? Isn't it considered an asset like stocks/savings? I'm American btw.

>>	Anonymous Wed Dec 16 12:32:52 2020 No.24859084 >>24858943 Pay your taxes fuckface, IRS. Crypto, stocks, and savings.

>>	Anonymous Wed Dec 16 12:48:19 2020 No.24859595 >>24857702 The FOMO back at 25K

>>	Anonymous Wed Dec 16 12:54:16 2020 No.24859782 >>24858517 Lol

>>	Anonymous Wed Dec 16 12:55:55 2020 No.24859825 >>24857702 Swingtrading and eventually you all get the rope

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