/biz/ - Business & Finance

>>20961463
OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

Useless shitcoin with outdated tech.

Sell now.

I'll say it again, this coin is worthless so please sell right now and stop accumulating.

>>20961463
>WTF WAS THAT?!?!!

alrighty, time to sell!

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>>20961539
>near instant settlement
>can already scale to VISA levels (60,000 tps) and higher
>No fees
>outdated tech

>>20961463
what to do with my new found wealth

>>20961539
it's literally pumping as we speak retard.

>>20961539

why not just let ppl lose out? why go into every thread and call it a shitcoin. it's because it has real potential. I don't go into tendie threads, do you?

>>20961572
I think its best right now just to sit and let it grow. Seems like housing will get cheap soon then get a bunch of land and a good fortress. Don't forget a secret underground escape tunnel. Cheers anon

LETS FUCKING GO 35 CENT HERE WE COME OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>>20961572
I've been thinking the same, never though I could make any profit, and now I have several thousand dollars (3rd World poorfag, so that's like a life changing amount) but I don't know how to use it without cash it cause the commie goverment where I live will request their 63% share once it hits my bank acct.

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>>20961463

>>20961734
I've thought about opening bank accounts in other countries, withdrawing, spending from those accounts and then never using them again. If you have an EU passport you can open accounts all over europe, just take out about 50k euro per country, put it into cash or invest in other crypto

>>20962192
thats not how it works lol u will get caught instantly

>>20961734
look up DIGITALNOMAD.com

>>20962242
oh
well there goes that plan then
got any better ideas?

>>20961734
sorry i meant to write

nomadcapitalist.com

>>20961734
>63%
Holy shit and I thought Sweden with 30% was bad

>>20962314
yes sir, check out link in here >>20962315

as long as you do not touch your crypto, you can move out of your country and legally not pay taxes in your country if u dont plan on living there for 12 months

so u move to a low tax country
???
profit

>>20962192
that seems to be the correct process to do, but I will need more digging on it.

You don't know how frustrating is to see your money grow, but not being able to cash it out.

Holy shit I just gained 2$ on my 50$ stack!!!!! I'm financially secured!!!!

>>20962277
>some faggy site with pictures of some douche everywhere who escaped the 9-5
how is this supposed to help?

>>20962380
I meant nomadcapitalist.com

my bad bro, i always mix them up lmao

>>20962353
This sounds like a good plan. What if I touch the crypto a bit just to get enough funds to live out that year?

Whats a realistic EOY price for this?

>>20962353
though about it, but it is not that much, 20k is a lot over here, but not enough to make it outside
and not gambling 20k to make it 100k, greed is the destroyer.

>>20962457
$10

>>20962443
whatever you touch you have to pay taxes on, you should not have to pay taxes on unrealized gains, unless you live in denmark or some shithole like that

check with an accountant, or google online for your country specifically

but the basic plan is:

1. Legally move out of your country
2. Become a tax resident in another country with low capital gains tax
3. Cash out and pay little to no tax
4. Enjoy life

>>20962409
>nomadcapitalist.com
all good, thanks for the link man. Easy mistake, i was just confused by the initial landing page xD

>>20962502
Sweet. I have canadian and german citizenship, canada is out of the question but hopefully I can find some eu country with low capital gains tax. Also I know how to live on basically nothing so I could probably cash out about 20k, pay tax on that and live out the year on it.

>>20962461
Ah okay yeah, to even hire andrew it will cost you 20k

You will need another strategy, do you pay taxes on loans in your country? I doubt it. You can always get a loan on your crypto, this way you pay no tax, invest the money into something solid like real estate, collect rent each month and bam

it takes a lot longer sure but you'll be one of the richer people in your country

always check with an accountant / lawyer first tho

>>20962551
Germany would be perfect yeah, I believe crypto is 0% tax in germany after holding for 1 year

>>20962551
https://nomadcapitalist.com/2017/07/26/low-tax-countries-living-europe/

he also has a youtube channel by the same name, a wealth of knowledge all for free :)

>>20961539
Fudshilling

>>20962621
interesting, i know Germany has high capital gains tax but I'm not sure how that applies to crypto. I saw that slovakia has 0% capital gains and it looks like a cool, cheap place to live.

>>20962777
>777
all right Slovakia it is. Once xrp hits 1k I'm selling 20 and moving there.

>>20962883
Wait for 2k bro, eoy. ;) november should be especially interesting

>>20962969
I love you bro. Keep pumping the positivity

What's all this 2K EOY nonsense? Remember 589 EOY? Whatever happened to that? Y'all stupid

>>20962996
Good luck brother, I hope you hold until 2k

>>20963198
Lurk more. 589 was never a dollar price.

2k is however.

eoy = HOW CAN THIS BE?!

>>20963247
I'm going to hold far beyond 2k. I will exchange my crypto for fiat in as small quantities as possible. Barely scratching my bag.
I wish you happiness and peace in life, riches are one thing but contentment is another.

>>20963277
Good man, I will do exactly the same thing. 2k is just the beginning. How much do you hold? 55k here

>>20961463


spent 4 years accumulating 13k on shit wages.
Hoping to high hell that this was a smart investment.

Ok. Shill me on why this is pumping besides "Ripple knows something we don't". Why is this old shitcoin with no partnerships worth anything?

>>20963398

>no partnerships
wrong

>>20963320
Only 5k because poorfag right now. Waiting for a paycheck to enter my bank to buy another 1000 so I will only have about 6k. So I'm praying it moons. 55k is a lot. Glad to hear how invested you are. Makes me comfy.

>>20963422
I wonder if he's wearing the samurai undies too

>>20963633
Good bro, I'm happy for you. Once you make it, make sure you invest in real estate and never use the principal to buy liabilities. Good luck bro!

>>20963370
We're all going to make it bruh, I plan on building my minecraft base irl.

>>20962567
Thank you very much for the advice, real state in my country its a big business (tropical paradise) and already found real state websites that sell properties over here and accept crypto as payment.

I will invest some capital in professional advice too.

>>20964046

thanks bruv

>>20963706
>>20964046
>>20964067
>>20964068
We're all going to make it, I love you frens