Post
Topic
Board Legal
Re: Has anyone sold BTC won here in sig campaigns? how does tax work?
by
Koadharber
on 01/01/2018, 14:03:27 UTC
In the future I would like to buy some property with my BTC once it's worth a lot. Even small amounts made on signature campaigns in here could be worth a lot and may I want to diversify into real state in say 5 years or so.

I was wondering how would this be done? Im scared because we get daily news of any bank account that has to do with Bitcoin being frozen. I wouldn't like to be treated a criminal when I obtained my Bitcoin posting here... any help?
That would really a big hindrance regarding on accumulating large amounts of money but i think it should be fine as long you are just gradually cashouting it not tend to make it on bulks because it would really turn out to be suspicious if you do such act.For now this is what im doing now which i indirectly cashouting my converted btc to local fiat into other payment options and saving it.