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RE: Blockchain bible and crypto church | A compendium for the friendly crypto investor from next door
You shouldn't do this because of the opinion of somebody else :D
I won't cash out because of taxation... I need to hold it for a year and then it's tax free.
Furthermore I don't mind loosing my investment, but if you would have problems with this, then you really should twink twice.
I'm so excited about august, like a D-day for Bitcoin :D
Well, when I said cash out, I meant hold it in USDT until the storm settles and then maybe rebuy :/ haha
Even this would be taxable in my country and I have to pay 42% of my profits, so no thanks :D I prefer letting the the market crash 42% more...
Oh damn, that sucks man. I wonder if I have to pay any taxes in the United States :/ i mean i won some money but i also lost alot and i think i should be even... but i haven't been keeping track , lol
Use this tool to find out:
tax tool
It's free for the first 200 trades and it is doing a amazing job in calculating everything (:
thanks man
You're welcome (:
August is the month where we find out what will happen with bitcoin, right? Dooms day for bitcoin, haha? I don't think they will do a hard fork but what do i know. What's your favorite crypto? And, what do you think about litecoin?
Actually before that... We can see possible solutions startig mid to end of july, but in August it can get really ugly, yeah :D
Or maybe, it could turn out the be amazing :/... Btw, what do you think about investing in Steem? I am willing to risk and buy some more steem power, in your opinion is that a good idea?
Sure it could... (:
Well what do you want to achieve with this steem power? Do you want to be some kind of whale and attract readers etc. or do you just want to invest?
Since hardfork 19 steemit is pretty amazing and it will get you a 2% rate on your investment every 5 days... You just need to write a comment and upvote yourself ten times daily...
But I don't know if this will get changed and I have no control about this change either...
That's why I personally won't invest and see how this all develops. I like Lisk by the way. Really high returns, safe because of delegated proof of stake and there will be a rebranding in augst.
But if you just want to support steemit by buying more steem, then go4it (:
I mainly wanted to get it for investment purposes , i am not really relying on posting stuff. I don't really have a lot of money to play around with. My choices are bitcoin, ethereum, and steem and or what ever else is good (maybe Lisk like you said) :) ty for all the info though. % every 5 days is not bad. I am worried about the inflation on of steemit though. All this money that is given will back fire. I mean, I know they have a promote option where all the money gets sent to null and the money disappears which fights vs inflation but still worries me :/
I wouldn't be worried about the inflation here. It's way lower than it was before (:
Look up Metcalfe's law and you will understand why it's important to spread this amount of steem (:
There are a lot of good investment opportunities, but if you don't have the money for it then maybe you should safe the money first?
I also love Dash and there upcoming Evolution wallet. It's a 8,5% annual return and has a good chance of mass adoption (:
In your opinion Dash is better than bitcoin? What do you think about Litecoin? Is litecoin just a copy cat and is obsolete? I like Dash as well. They are proof of stake, correct?
Nothing is better than Bitcoin... Differenz coins have different strenghts and you can't compare it that simple... (:
I'm not a fan of Litecoin, but it has a reason to exist and I wish it good luck!
Dash is a mix of proof of work and proof of stake (: so you can also mine it.