You are viewing a single comment's thread from:

RE: [Vlog] Lets talk about the elephant in the cryptocurrency room.... Taxes

in #cryptocurrency7 years ago

I totally agree with you. There are a lot of people who got into cryptos as some sort of tax haven and its not that (with the exception of monero from what I hear?). If they sell what they have they definitely need to pay taxes. I suppose that the only alternative is to hold what you have as unrealized gains and prolong having to pay but at some point they're going to be waiting.