Post
Topic
Board Speculation
Merits 3 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
goldkingcoiner
on 09/03/2024, 16:52:44 UTC
⭐ Merited by El duderino_ (3)
Yeah I am in Germany. Holding for 10+ years. After 1 year of holding its tax free (they wanna change this). But I don’t know how it is when I convert bitcoin into USDT and then later in euro if I wanna cash out fiat. Or buy back.

So I set a sell order at 69k. Doesn’t feel right. But at some point you have to let your kids go.

Why not just sell and buy again? That way no tax on that sum later, if the law changes.

If you convert to USDT, it still counts the same as if you cashed out. The 1 year law only allows back and forth transactions between wallets that you provably own.