You are viewing a single comment's thread from:

RE: Is Transfering Funds From Coin To Coin A "Taxable Event".....???

in #bitcoin7 years ago

yea im barely scratching the surface myself and as most people are looking how to invest and gain, I feel a large percentage of those people are failing to look at this end of the crypto world.. interesting stuff going on daily. 2018 will be a groundbreaking law making year for the exchanges, alt coins, wallets like coinbase ect

Sort:  

Just wait when most of the people speculating and trying to trade in and out take big losses. It goes both ways. If you have a gain, taxes. If you have a loss, it offsets your other regular income to reduce your taxes.