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qazplm135

(7,447 posts)

2. that's why I keep it simple

Reply to lettucebe (Original post)

Mon Feb 8, 2021, 02:43 PM

Feb 2021

I just put in about 300 bucks in various cryptos for fun. I don't plan on selling for like 10-15 years. I won't buy anything with it.

Worst case, I lose part of the 300. Best case, it blows up into something relatively substantial in 10 years or so. In reality, it's something fun and cool to follow with little risk.

And if it blows up to like 100K from where it is now, and I've made a little money, I'm cool with paying taxes on that.

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Bitcoin is taxable. Trouble is no one mentions that [View all] lettucebe Feb 2021 OP

I think some people mention the tax aspect. lol BSdetect Feb 2021 #1

that's why I keep it simple qazplm135 Feb 2021 #2

That's the point: Bitcoin isn't currency. It's a bartered good. DetlefK Feb 2021 #3

Message auto-removed Name removed Apr 2021 #4