Post
Topic
Board Economics
Re: bitcoin
by
Edraket31
on 27/03/2018, 18:04:17 UTC
Investing in Bitcoin is also very profitable deed has it gives its uses tremendous amount of profits in a short period of time.Since it is decentralized taxes cannot be implied on it and the people get full amount of returns.

Don't tell anyone that Bitcoin is going to give you profit without any risk. There are many people who were told so, later they panic when Bitcoin price starts to decline a bit. In the end, they sell their BTC because they are afraid of loss. It's been almost 4 months since correction started and it looks like we are far from recovering. Even though Bitcoin is decentralized, tax still can be applied. It all depends on where you sell your bitcoins. If you use an exchange and cash out to your bank account then you won't have any other choice, they will eventually come after you.
Exactly! Because they need to inform with the truth, don't take advantage for those beginners, even in my family if they want to invest here I cannot guarantee that after a month they will become rich, am always saying that there is no guarantee here. Taking risk is so much needed.