• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.

Can you put Bitcoin in an ISA?

Collapse
X
Collapse
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

  • LucidDementia
    replied
    Why put it in an ISA when you can wrap it and get 15% staking on Beefy?

    Leave a comment:


  • LucidDementia
    replied
    Originally posted by d000hg View Post
    Yeah if you only put a grand in something ultra speculative, you have to do REALLY well to have CGT problems
    A grand put in the day Trump took office would be £50,000 today.
    Slightly higher in fact.

    Leave a comment:


  • LucidDementia
    replied
    Originally posted by Lance View Post
    If you have sufficient BTC such that you are committing tax evasion DON'T PUT IT IN YOUR OWN ACCOUNT

    like I said. The platform is a dream for money laundering. So why go and ruin that.
    If you have less than £10k to realise then that's under the CGT limit so fine crack on.
    Or take £10k a year.
    Or put it somewhere invisible.
    How in the name of all that is holy is an immutable distributed ledger a dream for money laundering?

    It's awful for money laundering.

    You'd know that if you tried to find out what it is.

    Leave a comment:


  • LucidDementia
    replied
    Originally posted by DealorNoDeal View Post
    Bitcoin fell over 20% in the past 6 days from a high of $40k to under $32k.

    For something with a market cap of over $0.5T, it's ridiculously volatile.
    Only in the short term. Bitcoin moves in 4 year, pre-programmed, very predictable cycles.

    Leave a comment:


  • LucidDementia
    replied
    Originally posted by _V_ View Post
    https://twitter.com/breakingmkts/sta...90794763894785

    TREASURY NOMINEE YELLEN SAYS CRYPTO CURRENCIES ARE OF A PARTICULAR CONCERN FOR TERRORIST FINANCING, MONEY LAUNDERING


    What does that mean? UK, USA, EU will treat hodlers as terrorist funding criminals at some point soon...
    It means buy more.

    Leave a comment:


  • AtW
    replied
    Originally posted by psychocandy View Post
    can't buy any more with H-L.
    I wonder why is that

    Leave a comment:


  • psychocandy
    replied
    Used to be able to but not any longer....

    I bought a load of bitcoin and eth pension funds and also opened an ISA.
    Did very very well out of them. Made about £20K pensions funds and about £1k on the ISA.

    Can keep it but can't buy any more with H-L.

    Leave a comment:


  • Lance
    replied
    Originally posted by d000hg View Post
    Yeah if you only put a grand in something ultra speculative, you have to do REALLY well to have CGT problems
    exactly my point.
    So why do you need an ISA? ISAs are for safe long term savings not speculative gambling on a bubble.

    I did OK. I put £600 in in 2013 and cashed out £10k when it got to around $16k per BTC.
    Yes I wish I'd hodled. But hindsight is always a good gambler.

    Leave a comment:


  • d000hg
    replied
    Yeah if you only put a grand in something ultra speculative, you have to do REALLY well to have CGT problems

    Leave a comment:


  • Lance
    replied
    Originally posted by d000hg View Post
    "Why is this money in your account" seems a reasonable query to me.
    If you have sufficient BTC such that you are committing tax evasion DON'T PUT IT IN YOUR OWN ACCOUNT

    like I said. The platform is a dream for money laundering. So why go and ruin that.
    If you have less than £10k to realise then that's under the CGT limit so fine crack on.
    Or take £10k a year.
    Or put it somewhere invisible.

    Leave a comment:

Working...
X