Question with ssi in terms of bitcoin.
I am trying to get ssi for my disability. But I have some storage of various coins, bitcoin, ethereum, litecoin, etc.
I am wondering, do I sell all my coins, in order to be poor enough to get ssi? Or its not needed to sell? Because even though I am not making money on coins now (and only losing money on the coin) I'd hate to miss being a millionaire, 2 years in the future, but I lost out because I sold all my coins. But right now, my coins are giving literally no income, thus I need ssi.
You don't get any poorer if you just sell your cryptocurrencies in its current market value as your net worth will still be the same, the only difference is now your owning a more stable asset which will reflect in your list of assets. But in your case, I don't think you need to sell at all or give up any real property because if you are a REAL disabled person who has limited income/resources (which you are based on your post) you can still apply for an SSI and might be eligible to it. But if you want to make increase your chances you can speak to a Public Attorney about the application of your benefits.
I have lost most of my money due to cryptocurrency, due to 1. CoinsMarkets theives, 2. Negative news 3. South Korea and China 4. Ignorant and negative news 5. Trolls on chatrooms giving bad investment advice 6. Laziness, not checking my funds daily. 7. Ignorant people negging and giving negative news about solid coin makers 8. Greedy coin makers screwing me over. 9. Warren Buffet. 10. Trump wanting to tax bitcoin holders.
2018 has been a relentless assault against crypto and a terrible year, it will be forever remembered as the year of the crypto crash.
So if I withdraw now, I will be poorer than last year. But if I hold I may be a millionaire in some years.
If I speak to a Public Attorney will they keep my information confidential or tell the world I have a couple of cryptocoins?