Cryptocurrency

[scooterscot]

Don't forget to pay CGT...

Capital gains on what? There's no property here. Even still I'm not UK resident. It's a grey area, perhaps Queenie and the PM's better half can lend me some advice.

[saptastic]

Will hit 10k today.

I know this has been asked before.......

Coinbase have had troubles - was gonna use Kraken as recommended
But then I also read negative reviews.

Scoot or anyone - Can you recommend the best platform?

Or are they all suffering with too much demand at the moment?

[scooterscot]

is it investing or gambling?

I prefer

[scooterscot]

Will hit 10k today.

I know this has been asked before.......

Coinbase have had troubles - was gonna use Kraken as recommended
But then I also read negative reviews.

Scoot or anyone - Can you recommend the best platform?

Or are they all suffering with too much demand at the moment?

Stay away from those - seriously. Like https://poloniex.com, their sites always crash or are subject to DOS attacks.

https://bittrex.com for larger sums

I like https://www.cryptopia.co.nz for the smaller sums - less well known but does the job.

Crypto to Crypto trading is fast and near without fees using https://bisq.network

[FrontEnder]

Above 10k on some exchanges:

https://coinmarketcap.com/currencies/bitcoin/#markets

[mattfx]

Apologies on if this has been covered elsewhere...

But I am assuming that everyone is investing their own money into this, and not funds directly from their business? I am guessing if one were to do the latter, there would be corp tax to pay, divident tax etc.

Ta!

[FrontEnder]

Apologies on if this has been covered elsewhere...

But I am assuming that everyone is investing their own money into this, and not funds directly from their business? I am guessing if one were to do the latter, there would be corp tax to pay, divident tax etc.

Ta!

I've kept it totally separate from the business. I don't want anything that would risk ER on CGT too.

[FrontEnder]

In the last two bitcoin corrections every alt lost $ value. However some alts are as low as low things with low bits in terms of Satoshi's, if you're going to stay in crypto during the correction then stay in those. That includes Stellar. It's actually still low compared to it's all time high. Think Stellar might reach 0.07 before correcting.

As a hedge I put a 1/3 of my portfolio in $ last night.

I was thinking of exchanging a good chunk for USDT when it hits 10k, then hopefully BTFD.

[scooterscot]

Apologies on if this has been covered elsewhere...

But I am assuming that everyone is investing their own money into this, and not funds directly from their business?

Only what you can afford to loose. If you're new I'd wait until bitcoin correction.

Or buy some alt-coins, but you'll need bitcoin to do so and the price could collapse during the trades. Now is not the time to be without caution.

[mattfx]

Hi Scoots - not jumping into the market whilst BC is at an all time high that would be insane. Although I'll kick myself if it continues to go up.

Was hoping to get in and get on Zen before the secure nodes got pushed out but I think i'm going to be too late.