Ehh depends on the country, personally in Spain I reported my gains in crypto last year and they were quite ''generous'' to overlook a lot of transactions and other evidence that I didn't have. In fact I almost only needed to provide the exchanges trades and a few screenshots here and there since bitcoin is still not fully regulated here. Problem is that if you keep evading taxes they will bite you in the ass one day, specially if you are planning to make a substantial amount of money through cryptos, you will eventually want to buy a house a car, etc, how are you going to do it?
Does Spain have a clear tax system for cryptos? 
Topic: What the future HODL? - page 5. (Read 1291 times)
I think people who earn bitcoin would never doubt about it and its future. Some of them have the mentality of buying more as long as they can since it's good for a long term investment. We are all aiming for the continuous adoption of bitcoin since that will bring a massive development and has a positive outcome for holders as well. Everyone wants financial freedom and that's the main reason why a lot of believers are holding more bitcoin.
Same here, I don’t consider bitcoin to be an ordinary or daily currency to buy and pay something with, I regard it as an asset which give me a better return in the right time, than could give me financial freedom if I know how to use it properly. I will hold for as long as possible until I reach my goal. 
As for me, holding is very profitable. Especially if it is a strong and progressive coin. Which is growing steadily. I think those who often hold it up very well.
Hodl is a good strategy in the long run, from 3 years. I believe that it is necessary to look at how projects develop and buy those tokens that in the long term will give a good profit
Ig you are a trader then you already know that Bitcoin is good for long-term investment and that is why Bitcoin holders still adopt Bitcoin for the future.
A trader doesnt care about the price. He trades bitcoin at 20k and he trades bitcoin at 1k. All that matters to you as a trader is how many percent of your stack did you win or lose with your trade!
Why everyone is too specific about the Hodl, think of HODL as a investment oppurtunity. Will you ever question on your investment?? No never...so why you keep questioning and doubting the Hodl gang?
The whole "altcoin" thing is just a big clusterfuck. I wish I NEVER touched any altcoins. It just makes your taxes basically IMPOSSIBLE to fill after you get involved. The damn coins die so you cannot access your wallet.dat anymore as the blockchains don't sync, the exchanges die and you lose trading history (in case that you didn't save it which is most likely the case). It's just a big fuck up. Im getting rid of any alts I still have, or maybe not even that, I will just let them rot, they have only given me headaches. If you try to convert any BTC to fiat, you are going to see a nightmare of impossible-to-fill taxes.
Or just don't report any taxes in this specific case. Seriously, if you try to do the good thing but don't have any documents, screenshots, spreadsheets, etc, you're basically fucked.
The government doesn't care about how much of a brave citizen you try to be by reporting your taxes in all honesty, they are out to extort you till they have what they (very wrongly) think you owe them. My motto is; what the government doesn't know can't hurt you, financially or physically. We are a bunch of criminals and tax evaders from their perspective, so we can only do wrong.
As for the altcoins you still have, wait for the next bull run and convert them to BTC, that's the smartest thing to do. I do that too with the wide variety of shit forks that I still haven't claimed. Even the worst possible shit coins pump hard against their BTC pair, so there isn't much to lose here.
Ehh depends on the country, personally in Spain I reported my gains in crypto last year and they were quite ''generous'' to overlook a lot of transactions and other evidence that I didn't have. In fact I almost only needed to provide the exchanges trades and a few screenshots here and there since bitcoin is still not fully regulated here. Problem is that if you keep evading taxes they will bite you in the ass one day, specially if you are planning to make a substantial amount of money through cryptos, you will eventually want to buy a house a car, etc, how are you going to do it?
There are only two things unavoidable in life... death and taxes. xD
The whole "altcoin" thing is just a big clusterfuck. I wish I NEVER touched any altcoins. It just makes your taxes basically IMPOSSIBLE to fill after you get involved. The damn coins die so you cannot access your wallet.dat anymore as the blockchains don't sync, the exchanges die and you lose trading history (in case that you didn't save it which is most likely the case). It's just a big fuck up. Im getting rid of any alts I still have, or maybe not even that, I will just let them rot, they have only given me headaches. If you try to convert any BTC to fiat, you are going to see a nightmare of impossible-to-fill taxes.
Or just don't report any taxes in this specific case. Seriously, if you try to do the good thing but don't have any documents, screenshots, spreadsheets, etc, you're basically fucked.
The government doesn't care about how much of a brave citizen you try to be by reporting your taxes in all honesty, they are out to extort you till they have what they (very wrongly) think you owe them. My motto is; what the government doesn't know can't hurt you, financially or physically. We are a bunch of criminals and tax evaders from their perspective, so we can only do wrong.
As for the altcoins you still have, wait for the next bull run and convert them to BTC, that's the smartest thing to do. I do that too with the wide variety of shit forks that I still haven't claimed. Even the worst possible shit coins pump hard against their BTC pair, so there isn't much to lose here.
Ehh depends on the country, personally in Spain I reported my gains in crypto last year and they were quite ''generous'' to overlook a lot of transactions and other evidence that I didn't have. In fact I almost only needed to provide the exchanges trades and a few screenshots here and there since bitcoin is still not fully regulated here. Problem is that if you keep evading taxes they will bite you in the ass one day, specially if you are planning to make a substantial amount of money through cryptos, you will eventually want to buy a house a car, etc, how are you going to do it?
Even if you manage to withdraw the money without them knowing, how are you going to hide your house/car? Are you going to buy them illegally somehow? I think it's just too much trouble. If you are making really small gains then sure, don't pay taxes but if you are making a living with cryptos or more, you should pay them.
Ig you are a trader then you already know that Bitcoin is good for long-term investment and that is why Bitcoin holders still adopt Bitcoin for the future.
A trader doesnt care about the price. He trades bitcoin at 20k and he trades bitcoin at 1k. All that matters to you as a trader is how many percent of your stack did you win or lose with your trade!The future of hold will be bright because all cryptocurrency has potential to increase in the future. But that is only for the coin that really has the power to survive for a long time, and not many of them can do that.
The hold itself will become another way for traders to sell only when the price increase higher and still hold and wait for the time to comes.
Ig you are a trader then you already know that Bitcoin is good for long-term investment and that is why Bitcoin holders still adopt Bitcoin for the future.
A trader doesnt care about the price. He trades bitcoin at 20k and he trades bitcoin at 1k. All that matters to you as a trader is how many percent of your stack did you win or lose with your trade!The future of hold will be bright because all cryptocurrency has potential to increase in the future. But that is only for the coin that really has the power to survive for a long time, and not many of them can do that.
The hold itself will become another way for traders to sell only when the price increase higher and still hold and wait for the time to comes.
When someone is not brave in making decisions and jumping into free trade they will never get anything. it takes courage to make decisions because when someone is not brave and just tends to dwell they will never get anything. taking risks to seize the opportunity to profit from investment is a way to practice the skills and knowledge we have. the more we are often in a situation like this, the better the abilities and experience we have.
Yeah of course, at first I only hodled for a while, then I decided to "play" a little to see how trading was: I made some money, I lost some, at the end I was even but I understood more about the way it works. If someone tries to trade for the first time with small quantities I don't see the problem. 
Free trading is not a good choice for beginners. Trading has a lot of risks. Altcoin always dances and makes the trader intoxicated and thinking about fixed profits every day. Please stop because if you don't want the money, you have reduced every day, thank you for his advice. Free trading is your choice, but HODL helps you earn safe profits.
I know that free trading is not a good choice for those who are new but hey, it's their money we're talking about, if they wanna risk to lose it no problem with that. Maybe some of them just wanna see how it works, you have to start somewhere.Free trading is not a good choice for beginners. Trading has a lot of risks. Altcoin always dances and makes the trader intoxicated and thinking about fixed profits every day. Please stop because if you don't want the money, you have reduced every day, thank you for his advice. Free trading is your choice, but HODL helps you earn safe profits.
I know that free trading is not a good choice for those who are new but hey, it's their money we're talking about, if they wanna risk to lose it no problem with that. Maybe some of them just wanna see how it works, you have to start somewhere. hero member
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i don't see any of these centralized, corporate owned, bank owned, government created,... coins to be a threat to bitcoin! they aren't even capable of putting a dent in bitcoin's popularity that was gained already and will continue to be gained.
the only thing these things do is what they have always been doing, they offer a centralized solution that is no different that what we have seen before in paypal, banks, visa,...
in the end when people want decentralization, censorship resistance and all the other things that bitcoin offers, they always come back to bitcoin because that is their only option that truly offers these things.
You're right with what you said because people usually come back to bitcoin whenever they need genuine decentralized coin with the right capacity to survive and this has always been the strategy used by most arbitrage crypto traders. Besides, I believe the OP seems to be ignorant of bitcoin potentials when he predicted bitcoin maybe delist by some exchanges site in the future.the only thing these things do is what they have always been doing, they offer a centralized solution that is no different that what we have seen before in paypal, banks, visa,...
in the end when people want decentralization, censorship resistance and all the other things that bitcoin offers, they always come back to bitcoin because that is their only option that truly offers these things.
who cares? let the centralized shitcoins be around and be used for pump and dumps to give investors the profit they so crave. even if coins like BNB shoot up to the moon and be worth $1 million over bitcoin's price, they still remain useless tokens that will get dumped right after their pumping period was over and eventually in the long term they will die. we have seen thousands of them in the past 10 years, they come and get pumped for a while and then vanish since that "profit" was the only thing people cared about and they had no other usages and the "profit" comes from pumps that can not keep happening forever.
I agree with you mate. That is why these pump and dump tokens and coins won't last due to the "profit" thing. We accumulate the shitcoins for gains unlike having Bitcoins that could be a back.up funds , long term investment and will be used as a payment method. To be honest I have Altcoins that is waiting for a good timing and if that happens all the gains will automatically be converted into Bitcoin. 
People hold the coins for the future purpose. People before invest and hold the coins. First people will be check the price information and then choose the best coin and invest hold the coin long time. If price is high that time release the coin. If price down hold the coins. Time to sell and buy.
Well majority of bitcoin holders and users are not concerned about privacy, they are not concerned about the motto or vision of Satoshi. They dont care how bitcoin is made and what it is for. The only thing that is driving the majority is the so called profit.
No, you're wrong buddy. There's no reason for every bitcoin holder/users not to be concern about their privacy and if people are not concern about their privacy there wont have the implementation of bitcoin mixing company like Bestmixer. However, the profit thing was mentioned when Satoshi stated that bitcoin will make people financial freedom.And so if BNB or the so called bank coin can promise them big profit they would likely invest and support it so they can earn.
In summary people will hold coins that they think has the potential to bring them a fortune.
No genuine cryptoneir will ever trust a centralized or coin created by banks which we both know that the price of the coin will always be manipulated.In summary people will hold coins that they think has the potential to bring them a fortune.
Isnt it all that Satoshi was against to? Censorship, centralisation, absolute power in the hands of the big players (the banks from the ancient time).. I hate the shitforks, I can`t tolerate the faketoshi behavior, however the much bigger problem for me is the possibility acts of CENSORSHIP to play role in the cryptoworld. I dont think we should accept that.
Same time the same big player entered with its own coin and predictable it gained a huge power as well entered the possibility to reward its "followers" as recently Mithril.
Where we going? I dont see any significant diffenece between JPMorgan coin, any hypotetical governance coin and BNB. If we continue that way we can see how exchanes delist BITCOIN by reasons as "untrusted", non KYC or whatever. Dont they tend to devaluate it in order to get higher their own exchange-coins (aka BANK-COINS!), to CONTROL the market AND the CUSTOMERS as far as it can.
No one know where we're going but we all hope for a better future for crypto currency and every coin hodler have the purpose the choose their coin. Besides, there's different between the concept behind JP Morgan Coin and BNB. But, I dont see any reason why exchange site we delist bitcoin in the future due to trusted issue.
ı prefer to hold platform coins , like waves ether vet, and also some undervalued currencıes like nav,
at next bull run these coıns wıll have attentıon and high values,
but people shouldnt forget all crypto ıs very rısky, %90 of crypto coıns mostlu scam or overrated
at next bull run these coıns wıll have attentıon and high values,
but people shouldnt forget all crypto ıs very rısky, %90 of crypto coıns mostlu scam or overrated
Platforms based coins are for short term profits, it has the tendency to fluctuate to peak and dump to low value. If you not ideally handle these coins on exchanges you may face the lose for sure.
Fortunately BNB, which has exchange platform as their back support, seriously bumping like anything from the past few months. Then for your information only 40 percentage cryptos only are scam not all cryptos.
The people who like financial freedom are hodling crypto for long term insipte of the price dips and are interested to buy more in the hope of getting rich.But this crypto market is full of risk and you can loose everything but you can make good profits.The technology behind it will soon more developed and prices may get stable at some position reducing the volatility.So people need to hodl it for long.
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