eindbaas (OP)
Member
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Activity: 70
Merit: 10
umad?
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November 18, 2013, 07:12:14 AM |
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I wish I could hold my money longer but I had to cash out. I invested when the coins where 120 dollars . Now I can start my dream job finally. I'm opening few webshops wich I will accept bitcoins! Thanks to bitcoin I can buy allot of stock to open my shops. This really made my dream come true. Hope to buy allot of coins again when I earn from the shops  . good luck to ya all , may the coin rise to infinity. I had no choice .  |
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AlgoSwan
Sr. Member
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Activity: 308
Merit: 250
ancap
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November 18, 2013, 07:14:16 AM |
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It would be better to hedge instead of cashed out. Now you're on the paper train again.
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Looking to buy a verified betfair account with escrow.
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Jonton
Newbie
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Activity: 42
Merit: 0
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November 18, 2013, 07:15:01 AM |
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Good luck!
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eindbaas (OP)
Member
Offline
Activity: 70
Merit: 10
umad?
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November 18, 2013, 07:26:28 AM |
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fuck this shit i'm buying all again. It cant crash to 0. If it crashes to 250 I still can open stores. YOLO
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vandeam
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November 18, 2013, 07:29:46 AM |
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fuck this shit i'm buying all again. It cant crash to 0. If it crashes to 250 I still can open stores. YOLO
LOL that was quick |
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thetopham
Newbie
Offline
Activity: 56
Merit: 0
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November 18, 2013, 08:32:37 AM |
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lol I'm the same. I keep buying and selling buying and selling.
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SuperHakka
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November 18, 2013, 08:41:07 AM |
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eindbass, I saw your OP and I was about to write a reply to salute you and wish you good luck.Now two posts later you say you buy back in again. That was a mistake brother, you had something concrete to start your dream with.
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'First they ignore you. Then they laugh at you. Then they attack you. Then you win.' - Mohandas Gandhi
"Whenever I'm about to do something, I think, 'Would an idiot do this?' and if he would, I do not do that thing." - Dwight Schrute
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eindbaas (OP)
Member
Offline
Activity: 70
Merit: 10
umad?
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November 18, 2013, 08:49:26 AM |
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I stil can do it if it crashes to 200. I'm starting in +-2-3 mounths with those jobs. So more bubbles to come  |
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goxed
Legendary
Offline
Activity: 1946
Merit: 1006
Bitcoin / Crypto mining Hardware.
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November 18, 2013, 09:25:06 AM |
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fuck this shit i'm buying all again. It cant crash to 0. If it crashes to 250 I still can open stores. YOLO
LOL that was quick This is bitcoin |
Revewing Bitcoin / Crypto mining Hardware.
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safeminer
Member
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Activity: 110
Merit: 10
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November 18, 2013, 09:58:37 AM |
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Im riding the bitcoin train for at least 5 more years before i cash anything out
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Nemesis
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November 18, 2013, 10:02:36 AM |
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only noobs use the term "cashing out"
LOL its not about cash, its about wealth.
Cashing out is a mistake.
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zedicus
Legendary
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Activity: 966
Merit: 1004
CryptoTalk.Org - Get Paid for every Post!
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November 18, 2013, 10:21:18 AM |
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I associate selling with capital gains taxes so i dont sell |
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wobber
Legendary
Offline
Activity: 1064
Merit: 1001
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November 18, 2013, 10:21:24 AM |
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only noobs use the term "cashing out"
LOL its not about cash, its about wealth.
Cashing out is a mistake.
I just cashed out for capital repairs of my home. |
If you hate me, you can spam me here: 19wdQNKjnATkgXvpzmSrkSYhJtuJWb8mKs
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proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
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November 18, 2013, 10:32:47 AM |
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I associate selling with capital gains taxes so i dont sell Yeah, no kidding. Especially in the US, keep in mind that if you cash out a significant sum, remember that you really have 1/3 less. If you don't want any trouble, roughly 1/3 needs to go to the government. |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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bitcon
Legendary
Offline
Activity: 2212
Merit: 1008
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November 18, 2013, 11:21:09 AM |
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yes, remember to pay your taxes! we need to pay for all those friendly cops that keep us safe by fining us for not wearing seatbelts, and unmanned drones, bombs and corrupt politicians!
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Kaliecious
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November 18, 2013, 11:26:54 AM |
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I ended up pulling a dba and writing off all my equipment as a business expense. but when I decide to cash out ill be able to write off all my equipment.
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notung
Member
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Activity: 67
Merit: 10
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November 18, 2013, 12:00:37 PM |
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If you sell your bitcoins and buy them afterward, do you need to declare it for some kind of taxes? Or just when you sell and transfer it to your bank account?
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crazy_rabbit
Legendary
Offline
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
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November 18, 2013, 12:07:20 PM |
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If you sell your bitcoins and buy them afterward, do you need to declare it for some kind of taxes? Or just when you sell and transfer it to your bank account?
Clarifications like this are coming. Who knows at this point. But in Germany if you hold for at least 1 year it's tax free. So that is a MAJOR incentive to a) be taxed in germany and b)hold for at least 1 year. |
more or less retired.
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bumpk1nK
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November 18, 2013, 12:25:38 PM |
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I associate selling with capital gains taxes so i dont sell Yeah, no kidding. Especially in the US, keep in mind that if you cash out a significant sum, remember that you really have 1/3 less. If you don't want any trouble, roughly 1/3 needs to go to the government. True, no reason to cashing out more dollars than you sent to exchange. Keep other coins and spend them slowly online |
dc98wdHhcjkwleHUnBce8gd87teibN9ys38y3uTgsHG02e9-ok my keyboard works!
Insurance is a ripoff.
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