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1  Bitcoin / Bitcoin Discussion / Re: Why do ordinary people feel afraid of Bitcoin? on: February 27, 2021, 01:16:30 PM
You have already called them names: "ordinary people", how would they not feel afraid in a new market that need cautions, even the old guys are still much afraid of the downs and ups in the market. We shouldn't pretend to say we don't really understand what happened to the last sect that invested into Bitcoin 2018-2019, even the sect before this ones, these season has created more fears in the heart of many concerning this technology called Bitcoin.

The more similarities we find with those ones that, for many reasons, don't believe in BTC yet, the healthier the BTC ecosystem becomes. Unless we´re trying to create a religion, we should leave the derogative adjectives aside.
"Ordinary people" are born, develop themselves in different aspects (including Crypto and no crypto fields) and die.

From that perspective, I'm still an "ordinary person" and I got some Bitcoin too  😁
2  Bitcoin / Bitcoin Discussion / Re: Why do ordinary people feel afraid of Bitcoin? on: February 27, 2021, 12:47:02 PM
Are you saying those of us who have the courage to be part of this space are extraordinary people  Grin
The thing is many people are often scared of what they don't know or have no knowledge about, they just assume btc or crypto is bad because of what they have heard and read, if only they can spare some time to acquaint themselves with btc they will love it and be glad they are part of it.

Ignorance does affect the ignorants and the ones that are with them. It seems, so far, we are sharing this piece of land called Earth with awakened and ignorants (depending on the contexts). We better educate each other, or we all will get affected. No matter how rich a person becomes, how much priviledge you got, we will always rely on each other.
3  Economy / Trading Discussion / Re: Do you have a Bitcoin exit strategy? on: February 23, 2021, 05:09:56 AM
The big thing for me is tax.

In the UK we have to pay Capital Gains Tax on disposing of assets such as crypto. Our tax year starts in April.

I was going to take my first little bit of profit this month, but I think I'll wait till next April because I can't be bothered calculating the tax this year.

However, I know there are tools like Koinly for doing this. I don't think my accountant would be very happy to do it, well not cheaply Smiley

I've just set up an ISA and lumped into Argo Blockchain and KR1. Argo should go up along with Bitcoin (hopefully faster) and KR1 pick my alts for me and stake them.

Can open an ISA from Canada? Is it worth it?
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