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/biz/ - Business & Finance


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2766191 No.2766191 [Reply] [Original]

How often do you cash out your crypto gains and in what amounts

>> No.2766226
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2766226

>>2766191
>thinks he will ever be cashing out

Gif related <- me cashing out

>> No.2766233

>>2766191
Nice try IRS

>> No.2766256

>>2766226
I did cash out every week when i was mining, i leveled up to newcoiner and was wandering if /biz/ cashes out.

>> No.2766308

>>2766256
Maybe I'll cash out half once it means I don't have to work anymore

>> No.2766325

>>2766191
Would penetrate her while the kids watch us, and a few little girls participate.

>> No.2766334

>>2766325
please stop saying dirty things about my wife

>> No.2766352
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2766352

Cashing out meana assuming bitcoin will never be popular enough that the feds look up what you did.
protip: every transaction (unless the coin you pay for is 1 year owned by you) is a texable event, whether you buy milk, ether, or dollar

>> No.2766383

enough to pay my rent/groceries.

anything i can pay with in bitcoin i will because the irs can get fucked.

>> No.2766401

>>2766325
please don't do this

>> No.2766417

>>2766352
You only pay taxes once, when you cash out (and you should hold 1+ year so you get less taxed)

If your country wants to tax every transaction, go to another country that isn't a scam.

>> No.2766516

>>2766191
I'll cash out when I get 100k

>> No.2766534

>>2766417
been wondering: does "cash out" mean withdrawing fiat to you bank account, or can just selling Crypto -> USD on the exchange count as cashing out?

>> No.2766578

Cashing out when I'm setting aside over 300k just to pay the IRS