Big Barry Bitcoin on Nostr: First thing first, don't rush into anything. Nothing good comes of doing things in a ...
First thing first, don't rush into anything. Nothing good comes of doing things in a rush.
Not sure what country you're from, but all trades from any crypto to another is considered a taxable event in most countries. That means in the government's eyes, you sold your old crypto for cash and then bought the new crypto with that cash.
This shouldn't stop you from doing the trade, but you should keep records of your actions and research into the tax implications to be safe.
Bitcoin is the innovation. The media, the banks, and other bitcoin deniers think that "blockchain" is the innovation but as a technical person myself, I'll tell you that isn't true.
Oh and Coinbase has a shitcoin called sats because why the f not. Don't get confused and end up buying that.
Be safe, sticking to bitcoin will keep you far from so many scams and grifts.
Welcome.
Not sure what country you're from, but all trades from any crypto to another is considered a taxable event in most countries. That means in the government's eyes, you sold your old crypto for cash and then bought the new crypto with that cash.
This shouldn't stop you from doing the trade, but you should keep records of your actions and research into the tax implications to be safe.
Bitcoin is the innovation. The media, the banks, and other bitcoin deniers think that "blockchain" is the innovation but as a technical person myself, I'll tell you that isn't true.
Oh and Coinbase has a shitcoin called sats because why the f not. Don't get confused and end up buying that.
Be safe, sticking to bitcoin will keep you far from so many scams and grifts.
Welcome.