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/biz/ - Business & Finance

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7156370 No.7156370 [Reply] [Original]

Americans, explain why you're even investing in crypto despite the tax implications.

>you can't actually make it.

>> No.7156616

Idk, going through all of my trades makes me want to kill myself. just gonna hold ven this year and say fuck it

>> No.7156652

>>7156370
>have to pay about half of what i make in taxes
>still have the other half left
when you get scammed but it doesn't matter because you have a million partyhats in the bank

>> No.7157167

I didn't expect many Americans to enter this thread.

Ignorance is bliss, am I right Americans?

>> No.7157224

>>7156370
because I don't know of any other reasonably easy way to potentially get enough money to retire within 10 years

>> No.7157237

>>7156370
>it's the hourly "jews lie about how taxes work" thread

>> No.7157255

Jokes on you, I'm a neet who makes less than 10,000 a year!

>> No.7157266

>>7157224
/thread

>> No.7157888
File: 176 KB, 1366x768, 9720AA4E-D0BF-4C4B-8C15-2681DBF3B4C7.jpg [View same] [iqdb] [saucenao] [google]
7157888

>make a little money
>pay taxes easily
>make a lot of money
>pay taxes but somebody preps them for you

I guess I’ll have to make a LOT of money then

>> No.7157953

>>7157888
The whales run the show.

You can't actually make a decent amount of money in crypto.

>> No.7157955

>>7157224

>> No.7158040

>IRS collects IPs of people who visit crypto related sites/forums
>uses a computer to cross reference that with taxes paid
>'randomly' audit super active people on crypto sites
screenshot this

>> No.7158071

>>7158040
>What is a VPN?

>> No.7158077

>>7157953
define decent? ive turned a 10k investment into 200k over 3 years.

>> No.7158094

>>7156370

Because poor people make poor financial decisions.

A few will get rich, but they aren't the ones buying these coins, they're the ones selling.

>> No.7158123

>>7158077

200k in dollars, or held in some sort of coin.

Because one of these is good, the other is not.

>> No.7158155

>>7156370

those tax implications were put into place because America can never make their people rich easy.

If too much money is made without regulation, bad things happen

>> No.7158244
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7158244

>>7156370
The way the taxes are calculated is insane. Every trade being taxable, the fifo thing, etc. Anyway I just paid the $3,100 that I "owe" so my ass is covered. Don't spend it all in one place Uncle Sam.

>> No.7158281

youre literally retarded if you care that burgers are losing money. We need them in the market to dump ICO bags on so stop being a shithead and get something better to do with your time than scare them

>> No.7158362
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7158362

>>7158244
Don't worry goy. You can rest happy knowing that Mohammed got his welfare check, he said fuck you.

>> No.7158367

>>7158155
Like what?

>> No.7158575
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7158575

>>7158362
>>7158362
Is there some sort of "adopt a Somali rapist" program? I feel like I should get a post card every month that updates me on what shenanigans the savage I paid for is up to.