In like 3 years i went from 20k to 70k by simply buying sol/btc at bottom, and selling at ath
great you must say, but now let's say i want to cash out
there is 30-40% taxe in my country (France), plus they often ask the source of funds & many questions, they have the right to block the money
not to mention the taxe can even be higher because in France, if you cashout a somehow "big amount" you are recognized as a profesionnal, and the taxe can go up to 70%
yes i can go live in dubai or whatever, but i will have to pay a $4k rent, and everything else is expensive
crypto is overrated 😞
Went from 20k to 70k, but i will lose most of my gains if i cashout
byu/johanewesome inbtc
Posted by johanewesome
4 Comments
Taxé
So easy to just buy crypto from a casino and then do anything on a DEX then cash it out from a CEX (even kyc here in Québec they dont bother tracking tx’s under 5k$) or casino with small tx’s overtime. Why would you declare crypto ? You played yourself. Gambling is never taxed , at least here, perfect excuse 🙂
La crypto c’est le best, faut juste avoir un plan 😅
My friend, there is other ways to sell your crypto with out getting taxed. Just dig a little…
move country