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Topic: Do I really have to pay taxes on crypto investments? (Read 2461 times)

brand new
Activity: 0
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Imagine investing in bitcoin 10 years ago...Even 100 dollars invested at that time, would make you a multi millionaire today. Unfortunately, there is no time machine to go back in 2010. I believe that some day cryptocurrencies and electronic money will fully replace cash, this is something which we cannot avoid. I hope at that point taxes will be easy, because nowadays it's a pain. I use the service of https://taxfyle.com/ to do the taxes for me. The price is too low for this quality I would say, saving a lot of money and time using their service.
My friend was just looking for this information. Thanks
brand new
Activity: 0
Merit: 0
Imagine investing in bitcoin 10 years ago...Even 100 dollars invested at that time, would make you a multi millionaire today. Unfortunately, there is no time machine to go back in 2010. I believe that some day cryptocurrencies and electronic money will fully replace cash, this is something which we cannot avoid. I hope at that point taxes will be easy, because nowadays it's a pain. I use the service of https://taxfyle.com/ to do the taxes for me. The price is too low for this quality I would say, saving a lot of money and time using their service.
newbie
Activity: 28
Merit: 0
cryptocurrencies are finding their niche because using cash is becoming increasingly difficult. However, this does not mean that digital money will ever be able to replace traditional ones and become a full-fledged means of payment.
newbie
Activity: 14
Merit: 0
Im not a supporter or opponent of digital money, but the white paper of bitcoin seems extremely thoughtful. the only thing that holds it down is that crypto often used for illegal purposes. most often laundering.

Typically, traditional money is also used in such transactions.
but it takes a lot of effort to ensure that this money can then be used for legitimate purposes. cryptocurrencies like came to the rescue here.
newbie
Activity: 56
Merit: 0
Im not a supporter or opponent of digital money, but the white paper of bitcoin seems extremely thoughtful. the only thing that holds it down is that crypto often used for illegal purposes. most often laundering.

Typically, traditional money is also used in such transactions.
newbie
Activity: 21
Merit: 0
Im not a supporter or opponent of digital money, but the white paper of bitcoin seems extremely thoughtful. the only thing that holds it down is that crypto often used for illegal purposes. most often laundering.
newbie
Activity: 27
Merit: 0
at the moment the Bitcoin rally is under the question. But such a scenario is possible if the price of a coin can gain a foothold above $20 k with high volumes on the part of the buyer
newbie
Activity: 14
Merit: 0
2020 will be a good year for Bitcoin. In addition to halving, there’s the upcoming presidential election and political instability in the Middle East. when US launched an airstrike on Iran Bitcoin began to rise in price and went up from $ 6,900 to $ 9,000 in two weeks.
I get it. millennials should invest in cryptocurrencies as they are on the verge of a new financial revolution.
newbie
Activity: 28
Merit: 0
2020 will be a good year for Bitcoin. In addition to halving, there’s the upcoming presidential election and political instability in the Middle East. when US launched an airstrike on Iran Bitcoin began to rise in price and went up from $ 6,900 to $ 9,000 in two weeks.
wow, noone has ever put it like that before. never knew that airstrikes could actually bring to something good. though I still think you shouldn’t have brought it up.
newbie
Activity: 56
Merit: 0
2020 will be a good year for Bitcoin. In addition to halving, there’s the upcoming presidential election and political instability in the Middle East. when US launched an airstrike on Iran Bitcoin began to rise in price and went up from $ 6,900 to $ 9,000 in two weeks.
newbie
Activity: 27
Merit: 0
Many talk about the beneficial effect of coronavirus on Bitcoin. For example, Tom Lee, the co-founder of Fundstrat Global Advisors, said that the coin will rise in price by the end of this year to $40,000 due to halving, epidemic and geopolitical instability in the Middle East.
all those billionaires have different opinions and we shouldn’t listen to them because they are rich.
we shouldn’t listen to them because they are rich, we should listen to them because of the reason why they are rich: they know how to make money.
well listen to this - Warren Buffett thinks that the value of cryptocurrencies is zero. still think we should listen to those people?

well, I agree with him. cryptocurrency produces nothing and has no fundamental value. this is just an entry in a distributed registry, and we can only hope that someone will buy it in the future. Bitcoin is in most cases used for the illegal movement of capital.
I must say there is true in those words. Bitcoin fell in price, while the price of gold rose during the las months of this economic hell.
newbie
Activity: 21
Merit: 0
Many talk about the beneficial effect of coronavirus on Bitcoin. For example, Tom Lee, the co-founder of Fundstrat Global Advisors, said that the coin will rise in price by the end of this year to $40,000 due to halving, epidemic and geopolitical instability in the Middle East.
all those billionaires have different opinions and we shouldn’t listen to them because they are rich.
we shouldn’t listen to them because they are rich, we should listen to them because of the reason why they are rich: they know how to make money.
well listen to this - Warren Buffett thinks that the value of cryptocurrencies is zero. still think we should listen to those people?

well, I agree with him. cryptocurrency produces nothing and has no fundamental value. this is just an entry in a distributed registry, and we can only hope that someone will buy it in the future. Bitcoin is in most cases used for the illegal movement of capital.
newbie
Activity: 14
Merit: 0
Many talk about the beneficial effect of coronavirus on Bitcoin. For example, Tom Lee, the co-founder of Fundstrat Global Advisors, said that the coin will rise in price by the end of this year to $40,000 due to halving, epidemic and geopolitical instability in the Middle East.
all those billionaires have different opinions and we shouldn’t listen to them because they are rich.
we shouldn’t listen to them because they are rich, we should listen to them because of the reason why they are rich: they know how to make money.
well listen to this - Warren Buffett thinks that the value of cryptocurrencies is zero. still think we should listen to those people?
newbie
Activity: 28
Merit: 0
Many talk about the beneficial effect of coronavirus on Bitcoin. For example, Tom Lee, the co-founder of Fundstrat Global Advisors, said that the coin will rise in price by the end of this year to $40,000 due to halving, epidemic and geopolitical instability in the Middle East.
all those billionaires have different opinions and we shouldn’t listen to them because they are rich.
we shouldn’t listen to them because they are rich, we should listen to them because of the reason why they are rich: they know how to make money.
newbie
Activity: 14
Merit: 0
Many talk about the beneficial effect of coronavirus on Bitcoin. For example, Tom Lee, the co-founder of Fundstrat Global Advisors, said that the coin will rise in price by the end of this year to $40,000 due to halving, epidemic and geopolitical instability in the Middle East.
all those billionaires have different opinions and we shouldn’t listen to them because they are rich.
newbie
Activity: 21
Merit: 0
Many talk about the beneficial effect of coronavirus on Bitcoin. For example, Tom Lee, the co-founder of Fundstrat Global Advisors, said that the coin will rise in price by the end of this year to $40,000 due to halving, epidemic and geopolitical instability in the Middle East.
newbie
Activity: 28
Merit: 0
instability in the world market discarded the recognition of digital money a year and a half ago. At the same time, the crisis due to coronavirus, economic shock and inflation will help Bitcoin prove itself.
oh come onnnn! Vitalik Buterin says 95% of cryptocurrency cost forecasts are nonsense! and I would much rather believe him than anyone else.

you just ruined someone’s hopes for Bitcoin to go up to $100,000 ^)))
newbie
Activity: 14
Merit: 0
instability in the world market discarded the recognition of digital money a year and a half ago. At the same time, the crisis due to coronavirus, economic shock and inflation will help Bitcoin prove itself.
oh come onnnn! Vitalik Buterin says 95% of cryptocurrency cost forecasts are nonsense! and I would much rather believe him than anyone else.
newbie
Activity: 28
Merit: 0
instability in the world market discarded the recognition of digital money a year and a half ago. At the same time, the crisis due to coronavirus, economic shock and inflation will help Bitcoin prove itself.
newbie
Activity: 56
Merit: 0
the Bitcoin exchange rate IS and WILL be extremely volatile. it has no macroeconomic instability. thanks to this, the current year will be excellent for cryptocurrency.
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