Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
eddie13
on 02/10/2021, 16:32:25 UTC
⭐ Merited by JayJuanGee (1)
I hate it but I DID sell some Bitcoin recently..
I made some Bitcoin recently that I will have to pay taxes on..
It was keeping me up at night that if by the off chance Bitcoin dumps then I would be stuck paying taxes on its price when I acquired it, no matter it’s current price..
So basically by the off chance Bitcoin really took a fall, I could be stuck paying more taxes than what the coin was worth at all, and that could REALLY hurt me..
So, I played it safe and sold just enough to cover what taxes I’ll have to pay, which is making me sleep much more comfy..