Originally posted by MrMarkyMark
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Cryptocurrency
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Watching it appreciate is the easy bit. Keeping it is the 'hard bit'.Originally posted by The_Equalizer View PostWhat's your exit point with all of these? Buying is the easy bit.
If my portfolio continues to increase 10% week on week for the remainder of this year we'll clear €2million easy.
Here's what the last 8 weeks have looked like from €6k going in! Was happy reaching €40k in 3-5 weeks. Last week came out of nowhere though.
https://www.dropbox.com/s/lszgog29d1...rypto.jpg?dl=0Last edited by scooterscot; 11 May 2017, 15:20."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Why stop there. why not 10% a day ? Bitcoin for 20k ? why not 100k?Originally posted by scooterscot View PostWatching it appreciate is the easy bit. Keeping it is the 'hard bit'.
If my portfolio continues to increase 10% week on week for the remainder of this year we'll clear €2million easy.
Here's what the last 8 weeks have looked like!
https://www.dropbox.com/s/lszgog29d1...rypto.jpg?dl=0Comment
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Day trading is not for me. I'd be popping stress pills in no time. Slow and gentle wins the race.Originally posted by diseasex View PostWhy stop there. why not 10% a day ? Bitcoin for 20k ? why not 100k?"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostWatching it appreciate is the easy bit. Keeping it is the 'hard bit'.
If my portfolio continues to increase 10% week on week for the remainder of this year we'll clear €2million easy.
Here's what the last 8 weeks have looked like from €6k going in! Was happy reaching €40k in 3-5 weeks. Last week came out of nowhere though.
https://www.dropbox.com/s/lszgog29d1...rypto.jpg?dl=0
Same question as before, how will you clear the founds? Let's say you hit 2 mill will you keep going or cash out?
I would love to make at least £200k so I can move to a new place. London is bloody expensive, even surrounding areas are expensive. Can't get tulip for under £500k.Comment
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Don't really know what you are asking?Originally posted by Drei View PostSame question as before, how will you clear the founds? Let's say you hit 2 mill will you keep going or cash out?
I would love to make at least £200k so I can move to a new place. London is bloody expensive, even surrounding areas are expensive. Can't get tulip for under £500k.
Tax?
https://www.taxation.co.uk/Articles/...yptic-currencyThe Chunt of Chunts.Comment
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Clearing via the exchange it's easy.Originally posted by Drei View PostSame question as before, how will you clear the founds? Let's say you hit 2 mill will you keep going or cash out?
I would love to make at least £200k so I can move to a new place. London is bloody expensive, even surrounding areas are expensive. Can't get tulip for under £500k.
Some investors I understand cash out a 1/3 at a time with each pump. Kind of like dividends I suppose. Don't really need the money right now, hence the playing around with crypto. It's just a game.
Don't stake money you cannot afford to loose.
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Wash and rinse through litecoin it's untraceable. You could even clear it through a Swiss bank if you're that concerned. There's been a few stories in the press about UK account holders I think HSBC having there accounts closed without warning because they were seen to be paying for bitcoins. Somewhat ironic HSBC since they were assisting laundering money on behalf of drug dealers was it?Originally posted by MrMarkyMark View Post"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Tell you what - paste your Stellar address below and I'll send you some. Offer valid until midnight GMT!"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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So based on this:Originally posted by MrMarkyMark View Post
Then it is worth using your LTD money to invest, if you lose it at least you can deduct it, if you make it big you get taxed at %19. If you use your own money you paid tax for it and lost it, if you cash out you get slapped with %50 tax on that.For corporation tax, companies’ exchange gains will be taxable and losses deductible, following the general rules on currencies and loan relationships.Comment
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