YoboCopter
Player Valuation: £50m
Im addicted to loosing money on crypto and my whole life depends on a moon shot
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Crypto currency (IF banned from CA)
- Thread starter YoboCopter
- Start date
nikom court
Player Valuation: £20m
you might have to wait until the next dip,
it goes quiet when the bitcoin price trends upwards!
PulseChain is a Failure says HEX Community: Is Richard Heart a Scammer? - CaptainAltcoin
Not all projects in crypto manage to live up to the hype. HEX and PulseChain, two projects spearheaded by Richard Heart, have recently come under fire for a series of issues that have left investors and users disillusioned. This article critically examines the reasons behind the apparent...
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Micky_T
Player Valuation: £2.5m
I hold a little bit of crypto after dabbling in it a couple of years ago but I've been holding it on Binance where I bought it. I've been told its safer to hold it in a wallet. How do I do that? Is there an idiots guide for dummies?
Also, let's say the best case scenario plays out and some of my crypto skyrockets in value. Are there any ways of legally limiting my tax liability?
Also, let's say the best case scenario plays out and some of my crypto skyrockets in value. Are there any ways of legally limiting my tax liability?
mmhmm....
First point, correct you shouldn’t hold your coins on an exchange. @DuuuncanHadaPigeon can advise how to put it in a cold storage wallet.
The second point, if it ever skyrockets speak to a tax advisor/accountant as the tax you have to pay depends on many different things. If you are a UK taxpayer capital gains applies but it is complicated. Given none of us know your situation it would be silly to take advice from any of us.
YoboCopter
Player Valuation: £50m
Im worried about this aswell when i hit the moon with my current holdings
nikom court
Player Valuation: £20m
what do you mean by crypto?
bitcoin or the shitcoins what binance mostly sell.
How much have you lost buddy?
nikom court
Player Valuation: £20m
iv been buying bitcoin every month since 2016,
been talking about it here when it was $3000
its now $30,000.
you do the math
How much did you lose in big crash buddy? Hopefully no more than 14p.iv been buying bitcoin every month since 2016,
been talking about it here when it was $3000
its now $30,000.
you do the math
iv been buying bitcoin every month since 2016,
been talking about it here when it was $3000
its now $30,000.
you do the math
How is HEX doing these days?
DuuuncanHadaPigeon
Player Valuation: £10m
It is fairly straightforward to move your coins to your own wallet, plenty of videos on YouTube. If you need any help you can DM me.
In terms of tax, the UK has quite a friendly view on taxing crypto compared to most other countries. It is treated as CGT so roughly 20%, asides from moving to another country with 0% crypto taxes you are better off just paying it, but I'm no professional, speak to a tax specialist in the case it does skyrocket
nikom court
Player Valuation: £20m
Haven't a clue, bitcoin only
YoboCopter
Player Valuation: £50m
100 % being your actual money and your bitcoinHaven't a clue, bitcoin only
What % of each do you have right now roughly