Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Walrus1 on January 18, 2018, 02:20:30 AM



Title: I like to buy during dips but I'm waiting to see regulatin
Post by: Walrus1 on January 18, 2018, 02:20:30 AM
Alright crypto to different crypto trades are taxable actions. They got rid of that loop hole. Munuchin is looking at crypto hard. I'll still by and hold but I want to see what's coming down the pike


Title: Re: I like to buy during dips but I'm waiting to see regulatin
Post by: squatz1 on January 18, 2018, 03:45:50 AM
I mean, this was going to happen at some point. And for me, someone who didn't make a ton last year but did end up probably making 500ish for Crypto last year the difference in tax when checking out the amount of tax I'd pay with like kind exchanges and without was about $40? I mean it's something, but you're going to lose out on making a good amount of money if you're NOT buying the dip.

There was a lot to be paid today, bitcoin went from 9000 back to almost 12000 in the day. It's CRAZY.