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Author Topic: 2018 Tax Strategy For Cryptocurrency Investing For USA Investors  (Read 99 times)
CryptoCharlie (OP)
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December 23, 2017, 11:47:30 PM
 #1

I'd like to hear from anyone who has experience running running a crypto business.
What is the best strategy for 2018 to run a cryptocurrency trading business?
Is it possible to transfer coins you personally own into some type of business venture in order to take advantage of the lower taxes for businesses?
It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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paramind22
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December 31, 2017, 01:49:14 AM
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I just heard some YouTube videos discuss we have to keep a record of every trade.  That sounds a little hard to believe.

Here's something I found:

https://www.forbes.com/sites/robertwood/2017/12/28/loophole-allows-tax-free-bitcoin-exchanges-into-2018/#34c954ae12fa

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