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/biz/ - Business & Finance

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2107007 No.2107007 [Reply] [Original]

I live in Canada, I've made some nice gains (in my poorfag perspective) and I'm getting a bit worried about cashing out, taxes etc.
Any advice on how to do this? Is it worth it to find a way around tax bullshit?

I heard australia deregulated cryptos, so I could go over there and take out increments through coinjar.com.au.

Advice please!

>> No.2107036

>>2107007
Cash out in person - problem solved

>> No.2107045

>>2107036
In person.. Do you mean through BTC atms and such?

>> No.2107061

>>2107045
I mean find a person to whom you can send your coins and who can hand you the cash.

>> No.2107076
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2107076

>>2107007
CASH OUT IN UK

UK DOES NOT TAX CRYPTO

HER MAJESTY'S GLORIOUS COMMONWEALTH

>> No.2107078

>>2107007
Hi fuggin leaf here, just be sure you transfer everything to canadian dollars and deposit it straight to your bank account in amounts of at least $10,000 or more. They may ask you what the deposit was from and you may have to fill a form, but it's like 3 boxes on the page you have to fill, just write down crypto-currency exchange ROI and it should all go down without a hitch.

Also, stop asking for advice on here you stupid fucking bottom feeding piece of shit, do your own work or you will get fucking burnt. No one here wants to go out of their way to make you money, nigger.

>XD Aussies deregulated crypto so can I just like cash them out at an australin crypto site lel???
Are you fucking 10?

>> No.2107117

>>2107078
Well hi.
I actually did receive a nice piece of advice here, which is to exchange it in real life through localbitcoins.
How cool is that?
Bye.

>> No.2107135

>>2107078

Why would you make it $10,000 or more?

Seems like you're just asking for someone to ask you where it's from. I'd assume the lesser the better.

I can only think you meant less than $10,000.

>> No.2107163

>>2107135
He was attempting to troll. Probably lost a bunch on RDD and needs an outlet for the rage.

>> No.2107187

>>2107007
>Canada
>cashing out

CAD is going to dip to $0.30 USD

>> No.2107195

>>2107187
Interesting, why do you think that would happen?

>> No.2107294
File: 76 KB, 630x1200, d53dcab7d243ba8e2b6ab4f8d38bbd4b.jpg [View same] [iqdb] [saucenao] [google]
2107294

>>2107195
Queen's University alum here. Working in the States now. Can confirm, Canada's only valuable exports are hockey players, maple syrup, sensible healthcare policy, the cutie from Letterkenny, and me.

Pic related.

>> No.2107430

>>2107195
housing market is due to collapse this year. If you have any significant savings put it in stable cryptos and laugh at everyone as they get their loans and 40 year mortgages called in