Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

I have been hoping this administration would cut or even eliminate capgains taxes.

I should be careful what I wish for. 😵‍💫

Funny, but I'm sure most of the people in this thread are still sitting on massive capital gains. For me personally, the difference between paying capital gains taxes on $100K Bitcoin or selling tax free at $80K isn't all that much of a difference... Just putting things in perspective.

With such huge gains this year I think it was obvious we'd see a correction as people liquidate to pay their tax obligations. Trump seemed to magnify that by using this time to implement his tariffs. Almost like they wanted the price to fall... Like they were planning a buy in the near future or something...

To avoid the taxes I would need to move to a non capital gain country and hold for a while not a few months.

Maybe at least 3 to 5 years.

Are there any specific rules or laws, as a U.S. citizen, requiring you to maintain your new residency for at least 3–5 years after changing it, specifically regarding capital gains?

If not, most countries without capital gains tax or with a territorial tax system do not require such a period. You can generally take your profits the following year after relocating.