We need 80% or more of the waste cut from the budget, our grandchildrens tax dollars are being spent before they are even born !!! Every man woman and child in the U.S.A. owes over 100,000 dollars right now. That is how deep in debt we are. Our interest payments exceed the GDP of this country.
Okay is it true that so long as one does not withdraw crypto coin and just lets it ride that taxes do not have to be paid at the end of the year ?
A couple years ago i made 101.00 profit from crypto didnt even realize I did ⌠well I also lost money so I just pulled out what I had let. Received a 1099-K for which I had to file with taxes on that measely 101.00 I made.
Scenerio I am asking had I not pulled the remaining 400.00 out and converted back to USD. Would I have still had to pay taxes ?
Seeking tax advice on an internet forum?
Well hell you should be the one giving the advice
With Bitcoin doing as it is and the US holding 20 billion in it, 212,847 BTC x 91k, maybe things arenât as bad as they appear
BTW what coin did you make 100 in?
Bitcoin
I just dont know much about it. Lol mostly the reason I bought BTC was because of reading on the internet⌠I just figured you might know that answer⌠I will go to the internet and see what I find
Your cracking me up @Robert ⌠I now wished I hadnt pulled it out. So I definantly aint the person to give advice despite my meager profit
No BTC records set today, just a warm up on a continuing bull run?
Up 100% in 7 days
Lots of people believe 100k by Thanksgiving and it looks doable
Looks like it will be today
Going to be hell of a crash at some pointâŚ
Probably soon too.
That the reason to get in, the crash is going to be the dollar.
If youâve not been watching whose adopting BITCOIN you need to
So yeah, hell of a crash looming, it starts with the dollar and yes
The starting gun has fired but thereâs still
And then one day you find
Ten years have got behind you
No one told you when to run
You missed the starting gun
Funny thing is I reject a lot of tech, havenât had a phone since my flip phone was booted from the 3g networks, and Iâm the one preaching BTC
I personally wonât ever buy into any of it, but itâs a choice that may work out well for some people. Time will tell.
I have a new found addiction to Can-am Side by sides and between firearms and them I canât afford to invest in anything else anywayâŚlolâŚ
It already has, thirteen years from $0.00099 to todayâs high
including twice in 2024, and it doubled this year
âGlobal Currencyâ , from Forbes
A flush in progress
Six hour candles show what occurs every six hours
one hour candles
Not much resistance until 96,200
Looking at the history who has a guess of the next bull high?
I call it a flush as it flushes out those with no hold tolerance, and a quick turn around will burn those who sell short
Now, that can be wise if you can pull out and get back in at a lower price before it goes back up, but whoever really knows?
Someone somewhere surely, but who and where, likely have to pay to be in that club, everyone else has to watch and guess or wait and see
Still much more buy pressure vs sell
Then why not just buy and keep
Its difficult to watch unrealized gains be lost, or worse, to watch key investment to drop, to buy and to keep during those declines is known as
I bought 25.00 worth and I have made 2 bucks so far.