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49630337 No.49630337 [Reply] [Original]

>can't cash out because I would be fucked over by taxes for the rest of my life

Who else rather see their net worth go to zero before stopping?

>> No.49630367

>>49630337
How would you be fucked for the rest of your life anon anon?

>> No.49630406

Whatever floats your boat, OP. You know what they always say: if the shoe fits, keep a stiff upper lip. If holding has brought you to hell and you think it's going to get worse just keep hodling on. Whatever you do, don't open https://preev.com and enter some dollar amount of profit and watch how much Bitcoin you could have if you had just shorted

>> No.49630675

Sign up here. Credit backed by crypto = spend crypto without paying taxes.
https://cl-cards.com/waiting-list

>> No.49630699

>>49630337
Same. Never taking a cent profit until I make it (100mill plus). Only going to pay the government once for this.

>> No.49631836

>>49630367
Curious about this too, you only pay tax when cashing out. You haven't cashed out, therefore no taxes until you do

>> No.49631890

>>49630367
its possible that anon bought peak nigger luna so is liable to pax dem taxes fo dem programs cept he done got none of dat luna money dawg

>> No.49632141

>>49630337
Bro, just stake something like NEAR or CNDL and wait for the market recover. By the time we are in a bull run you will have 20% more crypto.

>> No.49632256

Taxes are the biggest brainlet filter. OP doesn't have a clue what he is talking about.

>>49631890
Doesn't work like that.

>> No.49633206
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49633206

>>49630337
Yeah I didn't cash out either. I lost all my coins in a tragic boating accident.

>> No.49633330

>>49630337

Seriously you people pay taxes on crypto?

How cucks are you?

It's so easy to live tax free if you aren't broke.

Plenty of countries selling nationality and passports and you can get a new name.

Open accounts abroad with the new nationality and that's all.

>> No.49633345

>>49630337
i dont understand how taxes work in this context
>>49632256
my understanding is that u pay taxes on your realized profits
so in my small brain i envision you paying one time a percentage of your profits which is a percentage of the entire amount u get from selling

how is this any kind of problem

>> No.49633360

>>49631836
crypto to crypto is a taxable event

>> No.49633387

>>49633330
americans are still taxed regardless someone has to pay for israels defense