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10220519 No.10220519 [Reply] [Original]

Guys I have 10k in crypto atm. When I were doing my taxes in april I still had 31k so I reported my 3700usd tax(I mostly hodl)

>mfw didn't cash out
>mfw 40% of my folio is tax

I make about 30k a year but have no savings except crypto. My CCs are in 1200usd debt.

Should I take out maybe 2-3k from crypto, apply for 4k loan. Buy back crypto after and pay tax from loan. I think it's gonna go good.

>> No.10220531 [DELETED] 

>>10220519
Buying BCH is the only way to make it in life

BCH is literally the new paradigm in crypto

I’m going to spread this on twitter, facebook, youtube everything everywhere

Everywhere and everyone will be buying and using BCH

BCH will go over 9000! Everyone will be using it and transactions will be so fast and cheap.

Did you not hear that everyone is buying and using BCH now?

Omg like BCH is brilliant!

Lets buy BCH and HODL forever

You didn’t think BCH could be stopped did (((you)))?

Didn’t you hear?

We will have 10 trillion market cap within the next year!

Buying BCH is the best way to success!!

I’m writing a book on BCH

BCH long foreverrrrrr and everrrre!!!!!
<3 xoxoxoxoxoxoxo

Hey do you like BCH and making money?

Because I like LOVE bch!

Omg I love BCH so much!

I like talking about BCH and how fast and cheap transactions are. It is the real bitcoin. Roger Ver is brilliant and Craig Wright is Satoshi.

I love how BCH is backed by Satoshi too as it is his true vision as per the white paper!

BCH is the new paradigm!!

I’ll buy BCH and go long forever and everrr ;)

I’ve been buying BCH this whole time

I’ve been teaching others and I’ve gotten my neighbors and coworkers into buying BCH and we are all making a lot of money together.

I’m really popular now among my friends because I’m making so much money with BCH since the airdrop. A lot of my friends are making tons of money off of BCH and we’re going to make a lot more!

I can’t wait to get my own miner from vitamin so I can help mine BCH but until then I’ll just invite people to my house to buy BCH and I’ll also buy BCH in my car.

Buying BCH is the best guaranteed way to make money!

>> No.10221035

Sounds like quite the pickle, fellow hodler

>> No.10221075
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10221075

>>10220519
You don't pay tax until you realize gains/losses (cash out).

Brainlet.

>> No.10221090
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10221090

>>10221075

>> No.10221105
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10221105

>paying taxes on gains you never cashed out

Good goy

>> No.10221111

>>10221075

>Unironically this

OP is a brainlet

>> No.10221134

>taking out loans to pay taxes
nice troll
8/10

>> No.10221140

>>10220519
Why are you reporting gains you don't have to the IRS? Holy fuck you are dumb OP.

>> No.10221152

Sell your crypto and pay off your debt. Start buying back in later next month slowly at way cheaper prices. BTC will be in the 4k range by then.