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/biz/ - Business & Finance

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19441610 No.19441610 [Reply] [Original]

Bit of a newfag. How do I actually turn crypto into cold hard cash ? Are you guys just larping wealth when you can't actually liquidate or use it ?

>> No.19441660

>>19441610
you faggot
it IS cash already
you just don't understand what money is

>> No.19441694

>>19441610

1) Tether up
2) Use a site like Kikebase to sell your coins
3) Transfer the funds to your bank account

Go be a fucking retard on another board.

>> No.19441728

>>19441694
Of I get 10x gains on a shit coin and convert it to ether but live in NY is that an issue?

>> No.19441740

>>19441728

I don't know you fucking moron, I'm not Google.

>> No.19441763

>>19441660
Not really mate let's see you try go on holiday with 'LINK' hahahahah

>> No.19441779

>ywn have sex again
It's been two years, I can't compete with chads anymore

>> No.19441784

>>19441728
Yeah probably. You're going to have lots of issues with Crypto in New York.

>>19441610
>How do I actually turn crypto into cold hard cash

you cash out by selling your crypto on an exchange. There are lots of ways to use/spend crypto without trading it for USD.

>> No.19441790

>>19441694
Yeah and then get taxed 50% of it by the gov /nice

>> No.19441823

>>19441790
>Yeah and then get taxed 50% of it by the gov /nice

sounds like a government problem, not a crypto problem. You're going to pay taxes on anything you invest in. If you've got an issue with that go establish residency in Somalia or something.

>> No.19441830

>>19441790
Yes you stupid mong, if you want to cash out you'll pay taxes. Do you expect this board to have a magic wand for you to turn your coins into USD?

You are the fucking stupidest poster on this board I've seen in a long time. Stay poor.

>> No.19441840

>>19441610
how does expert/master feel compared to the first two?
also there's definitely enough liquidity to convert btc / eth to six figures easy. even alts have enough these days (LINK for one). any fiat exchange will do.
the problem is when hundreds and thousands of people have the same idea as you then there's major slippage.

>> No.19441865
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19441865

crypto cards? (MCO, Wirex, Change, Spend etc)

I think my Eastern Europoor goberment is crypto dumb so i will wait until they message me first and do calcualtorigns how much of whatever they think i owe.

>> No.19441910

>>19441840
>how does expert/master feel compared to the first two?

in my experience, sex like that is great if it's a one night stand/tinder hook-up

if you end up dating a girl that fucks like that, it's cringeworthy and obnoxious, and should set off the "this girl is a whore" alarm in your mind

>> No.19441921

>>19441728
>are capital gains a thing?

oh boy

first, don't come to /biz/ for legal or financial advice, second, in MOST jurisdictions you don't realize a capital gain for tax purposes until you cash it out, ie sell it for dollars. NY, thanks to the presence of Wall St, almost certainly doesn't have any additional blue-state retarded taxes on capital gains, so you should only be on the hook for the federal amount, when you cash out. So you should be fine until you sell the coins, and then you'll need to report any gains/losses.

>> No.19441947

>>19441610
Id fuck this whore but Ill be going home to a bitch that can cook and iron a shirt

women are useless

>> No.19442798

>>19441921
I meant legally for trading shit coins. Because a lot of sites don’t allow it like Uniswap does for NYkers.

>> No.19442959

>>19442798

oh, it does figure that NY would have retarded laws designed to keep people from escaping the middle class, but I bet what you're talking about has more to do with how "exchanges" actually operate and less with trading shitcoins

>> No.19442974

>>19441779
>It's been two years
get out

>> No.19443052
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19443052

>>19441779
>again
Normalfags get the fucking rope

>> No.19443238

A friend of mine in NY uses Blockcard. Apparently it works. You do have to do KYC though, but when I asked they said they delete all materials after passing. Can't confirm that's fact, but that's what customer service said. dyor i guess.

>> No.19443808

>>19441610
that's a man's daughter

>> No.19443823

>>19443808
so are you

>> No.19444252

>>19443808
Hits pipe
>>19443823
Roastie or libcuck, which one are you?

>> No.19445326

>>19441610
All women are ______.

>> No.19445661

>>19445326
Human

>> No.19445683
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19445683

>>19441610
Imagine giving women a vote equivalent to that of a man.

>> No.19445725

>>19441728
Learn English, retard. Your sentences are illegible.

>> No.19446406

>>19445326
Whores

>> No.19446624

>>19445683
ring ring. Is this the mother fucking based department?