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Scraped on 14/07/2025, 18:55:21 UTC

Always with the running away from taxation lol… a 33% or 50% on profit is a little steep you know. Almost feel as though you shared everything all because of a policy! I understand why you would prefer a 15% and quite frankly, everyone would but, after having to make this withdrawal in your wife’s Latin American account and it gets taxed there, wouldn’t you have need of it in Europe? Wouldn’t it be taxed there with whatever rate that applies to income tax, or course they wouldn’t classify it to be of crypto origin then or you really want to leave it be in your wife’s account till 2030.

[/quote]


I have invested 20% of my entire savings account in december of 2023.
BTC since 25k (expecting to cash out at 150-155k in september), XRP since 50 cents (expecting to cash out at $7 in september/oktober), and HBAR since 6 cents (expected to cash out at $0.80 in september/oktober). A few other, less significant investments.

I'm currently up 3x and if my targets are met, I can hit 5x and my crypto wallet would be larger than my entire savings account that I worked 10 years for.
We don't need this money. It just serves to reinvest in the next bearmarket, which I expect to start before the end of 2025.

For 2025 there are many regulatory changes coming to my country. If I can show that I have invested a relatively small % of my savings into these assets (XRP was 3%) and I have used a buy and hold strategy (I have done this for like 18 months) profits are tax free before 2026. It is unclear if this also applies to gains over 10x.

I'm just hoping to cash out as much as I can at low tax or no tax, and invest the entire sum again at the bottom of the next bearmarket.

Imagine 20k --> 100k (2025), 100k --> 500k next cycle, and new 5x'es from there.
If I ever get to 500k by legally avoiding mass taxation on my profits, I will probably move my tax residency before 2030.
It's a dream, but I believe in it.
Original archived Re: 2 countries. Which tax man would be alerted by exchanges?
Scraped on 14/07/2025, 18:50:28 UTC

Always with the running away from taxation lol… a 33% or 50% on profit is a little steep you know. Almost feel as though you shared everything all because of a policy! I understand why you would prefer a 15% and quite frankly, everyone would but, after having to make this withdrawal in your wife’s Latin American account and it gets taxed there, wouldn’t you have need of it in Europe? Wouldn’t it be taxed there with whatever rate that applies to income tax, or course they wouldn’t classify it to be of crypto origin then or you really want to leave it be in your wife’s account till 2030.

[/quote]

I have invested 20% of my entire savings account in december of 2023.
BTC since 25k (expecting to cash out at 150-155k in september), XRP since 50 cents (expecting to cash out at $7 in september/oktober), and HBAR since 6 cents (expected to cash out at $0.80 in september/oktober). A few other, less significant investments.

I'm currently up 3x and if my targets are met, I can hit 5x and my crypto wallet would be larger than my entire savings account that I worked 10 years for.
We don't need this money. It just serves to reinvest in the next bearmarket, which I expect to start before the end of 2025.

For 2025 there are many regulatory changes coming to my country. If I can show that I have invested a relatively small % of my savings into these assets (XRP was 3%) and I have used a buy and hold strategy (I have done this for like 18 months) profits are tax free before 2026. It is unclear if this also applies to gains over 10x.

I'm just hoping to cash out as much as I can at low tax or no tax, and invest the entire sum again at the bottom of the next bearmarket.

Imagine 20k --> 100k (2025), 100k --> 500k next cycle, and new 5x'es from there.
If I ever get to 500k by legally avoiding mass taxation on my profits, I will probably move my tax residency before 2030.
It's a dream, but I believe in it.