this post was submitted on 14 Jun 2023
3 points (80.0% liked)

Bitcoin

1071 readers
1 users here now

founded 4 years ago
MODERATORS
[email protected]
3
cashing out (feddit.it)
submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]
12 comments fedilink hide all child comments
 

Questions: have you ever cashed out a quite substantial (meaning life changing after paid taxes) amount of money to fiat ? Or do you spend it monthly from your savings using tools like prepaid cards ?

The only time I really spent some crypto was with a bitsa card as an experiment but it was just a couple of flight tickets worth.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 1 year ago

Nope, even not If I do not have to pay any taxes for Bitcoin kept longer that 356 days. I am still accumulating every month a bit, no matter where the price is.