Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Good Morning WOvians...
I thought we go up to a new ATH this night, but we go down a little... But today ist the day, where we went from ATH to ATH
Btw. Yesterday I found out, that here in germany they made future trading basically impossible for private citizens.
Since this year, you can only remove max 20k Loss from your gains. All above doesn't count for tax calculation. You can take the rest to the next year, but you can only remove it from gains in future trading, not other income.
One example:
Loss: 30.000 €
Win: 40.000 €
Before 2021 easy: 40k - 30k = 10k and 25% taxes on it.
Now: 40k - 20k (max) = 20k and 25% taxes on it.
Now imagine future trading with leverage has sometime many more the these numbers.
This is highly unlawful (constitutional). Hope they win before court, but this takes time.
So the only way to gain more coins is to stake or to buy the fucking dip.
I thought we go up to a new ATH this night, but we go down a little... But today ist the day, where we went from ATH to ATH
Btw. Yesterday I found out, that here in germany they made future trading basically impossible for private citizens.
Since this year, you can only remove max 20k Loss from your gains. All above doesn't count for tax calculation. You can take the rest to the next year, but you can only remove it from gains in future trading, not other income.
One example:
Loss: 30.000 €
Win: 40.000 €
Before 2021 easy: 40k - 30k = 10k and 25% taxes on it.
Now: 40k - 20k (max) = 20k and 25% taxes on it.
Now imagine future trading with leverage has sometime many more the these numbers.
This is highly unlawful (constitutional). Hope they win before court, but this takes time.
So the only way to gain more coins is to stake or to buy the fucking dip.
I am amazed. Germany outlawed losses [yes, I get it, more than 20K].
That's insane, sorry.
In US you could have 10bil gains and 10bil 3K losses, and you can subtract 3K, but ONLY 3K max a year, a ridiculously low number that did not change for decades (or maybe ever).
Around here, they compound something very fast when it is in their favor and never update something that goes in the opposite direction.
Well, bitcoin fixes this.
Yep, we are govered by idiots ... -.-