Post
Topic
Board Legal
Re: Selling BTC vs Borrowing with BTC collateral in US
by
cryptoishot
on 13/05/2018, 05:16:35 UTC
Is it better to borrow cash using BTC as collateral, or just to sell BTC?
In terms of the taxes in the US.
Selling makes income, income have to be declared and paid taxes of it.
Borrowing means no income = no taxes.
Is it right?
Thanks for answering.

Hey weirdo why did you copy my message letter-by-letter? Is it a spam attempt?