/biz/ - Business & Finance

[Anonymous No.13595191]

Who got rekt worse than me?

>Initial $15k
>High $80k
>Didn't sell and ended up with $14k
>Had to pay $17k in taxes based on my country's capital gains tax rules
>All in all gained nothing, lost $3k

[Anonymous No.13595225]

>>13595191
>Initial 40k
>High 250k
>Now 25k

Just fuck my shit up

[Anonymous No.13595243]

>>13595191
>didnt sell
>had to pay capital gains taxes
wat?

[Anonymous No.13595249]

How did u get dinged for taxes?

[Anonymous No.13595251]

>>13595243
Here you have to pay cgt on coin trades, not just cashouts

[Anonymous No.13595257]

>>13595243
>>13595249


He was taxed on all his trades. Each trade is a taxable event.

[Anonymous No.13595258]

>>13595191
$3K initial
$80K ATH
currently at $60K after so much stress and wanting to KMS.

not worth it.

[Anonymous No.13595266]

>initial: 2k
>ATH: 130k
>now: 12k

>tfw still holding req and wan bags

J U S T
U
S
T

[Anonymous No.13595271]

>>13595258
how the fuck is this a JUST?

[Anonymous No.13595311]

Oh as for me

>Initial 16K
>High 10K
>Now 62K

Sadly lost some of my coins on wex. Damn tokens..shoulda took the loss and ran. Missed the exit before they cut it off...lol. Oh well. Everyone needs their gox moments.

[Anonymous No.13595318]

>>13595311
lol..

>High 410K

[Anonymous No.13595356]

>>13595257
Lies.

[Anonymous No.13595362]

>Started with $2000 in 2017
>ATH $64k January 2018
>Current $450

[Anonymous No.13595366]

>>13595191
cant you get that money back next tax year?

[Anonymous No.13595370]

>>13595362
I didn't pay taxes either so i owe at least $12k + a few thousand in interests and penalties.

[Anonymous No.13595371]

>initial 3k
>ath 124k
>cashed nothing out
>17k rn
>bought even more.

I'm ready.

[Anonymous No.13595381]

>>13595370
+ $13k in student loans..So basically i'm fucked unless my parents die and i collect on inheritance

[Anonymous No.13595384]

2k
180k
60k

[Anonymous No.13595413]

also my JUSTing:

ATH was 10mil, currently on 1.2m, started with 50k

[Anonymous No.13595917]

>initial (and only investment): 400
>ath: 25k
>now: 0

i fud crypto now

[Anonymous No.13595927]

Started 8k
ATH 350k
Current 8k

2 years staring at charts, shitposting here, all for nothing

[Anonymous No.13595937]

>>13595927
finally a true fellow JUST like me

initial: 70k
ATH: 930k
today: 53k

JUST

[Anonymous No.13595954]

>>13595937
How do you cope JUST bro? Knowing that you won’t feel happy until you have what you once had? Money is a curse that distorts our minds and our sense of purpose. It’s fucked up.

[Anonymous No.13595961]

>>13595191
That doesn't make sense are you fucking retarded?

[Anonymous No.13595963]

>>13595191
>Had to pay $17k in taxes

But doesn't it fills you with joy knowing you helped all these poor men?

[Anonymous No.13595973]

>Initial: Bought crypto years before most people even heard of it
>High hopes 'Crypto is going to change the world!'
>Tether, pumps, large scale money laundering, every single exchange is a Ponzi scheme
>Now: >>13512381 I make posts like these

I got rekt philosophically, not financially. Crypto turned out to be just another bullshit thing.

[Anonymous No.13595978]

Most of us got fucking rekt bitch, get over it already and BUY THE FUCK NOW AND DONT HODL FOREVER LIKE A FUCKING KEK!

[Anonymous No.13596010]

initial 5k
ath 750k
today 40k

tfw paid 40k for taxes already, at least if this goes to 0 ill have some tax writeoffs

[Anonymous No.13596093]

>>13595413
Why wouldn't you just liquidate like five mil? Is that not enough for you?

[Anonymous No.13596107]

> Initial $600
> High $3,000,000
> Now broke $1,000,000

I want to be rich again

[Anonymous No.13596113]

>>13595191
initial 30k
ath 210k
now 30k
fucking waste of my goddamn time

[Anonymous No.13596123]

>Initial 400 dollars
>High 35k
>cashed out 2500
>now 5500

Am I the only one that is stuck in chainlink rn missing the mini bullrun?

[Anonymous No.13596130]

>>13596107
cool larp bro

[Anonymous No.13596137]

Initial: 5k at absolute bottom
Now : 100$

I think I'm going to kill myself

[Anonymous No.13596147]

>>13595191
Right now, I'm unironically back at my Jan 2018 ATH of 65k.
Started with 6k in June of 2017.
It got scary and went back down to 25k at times, but I never sold into tether or anything.

[Anonymous No.13596167]

Initial: 4k

That was in December 2017 before it went down to $600.

I put another 4k in this year, now I currently have a portfolio worth $4500.

JUST

[Anonymous No.13596184]

>>13595954
knowing that BTC is going to $200k+ which will take us all back over our ATHs if you're holding anything remotely decent

[Anonymous No.13596190]

>initial 4k
>high 1.1 MM
>current 260k
eh could be worse

[Anonymous No.13596202]

>>13595191
>Initial $5k
>ATH $350k
>sold $20k
>current portfolio: $18k

[Anonymous No.13596238]

>>13596130
I've posted signed messages with my keys before. It got old. The person you respond to never acts amazed or anything, if they even respond.

Anyway, I already cashed out like 700K to stocks and bonds, I only have like half a million in crypto. I didn't check exact amount, and it changed a lot in the last like hour

[Anonymous No.13596253]

>>13595257
Losses are a deductible event, if you pay you are a retard, cause you don’t need to

[Anonymous No.13596278]

Huh? All you had to do was sell and buy back in. You would get some money back from the government.

[Anonymous No.13596404]

>>13596253
Do you just take your documentation to H&R block and let them do the rest or what?

[Anonymous No.13596454]

5k
60k
45k

[Anonymous No.13596552]

300
5200
150

[Anonymous No.13596631]

3k$
60k$
8$k$

Cashed out approx. 4k$ for a fucking MacBook Pro...fuck apple

[Anonymous No.13596668]

>>13595251
which country is this?

[Anonymous No.13596693]

>>13595954
wtf? are you some kind of gambling addict? stop being greedy

[Anonymous No.13596724]

>>13596668
Australia. Our tax authority clearly states in multiple places that crypto-crypto trades are taxable despite every other Australian on biz swearing that cgt only applies to btc cashouts. May they all eventually get screwed by AUS-US data sharing agreements that lets the ATO look at their trades on American websites like bittrex.

[Anonymous No.13596750]

11k
85k
6k

[Anonymous No.13596759]

>>13595257
imagine being a cuck

[Anonymous No.13596770]

>>13596107
>>13596238
>>13596190
>>13596147
>>13596202
>>13596454
>>13596631
how the fuck are any of these a JUST? fuck outta here faggots

[Anonymous No.13596779]

>>13596631
Then why did you buy it?

[Anonymous No.13596784]

>>13596093
im independently wealthy so no

[Anonymous No.13596796]

>>13596724
they *might* get fucked (pfft unlikely) but you voluntarily ensured you did get fucked.

lol

[Anonymous No.13596798]

>>13596779
Because crypto...every cuck was retarded when moon. Ah well...never would have bought it with real money....

[Anonymous No.13596816]

>>13595257
Again with this bullshit

[Anonymous No.13596955]

>Init 800 (overall I pumped about 16k in)
>ATH 44k
>Now 0
Lost everything but 1 BTC. Had to sell that 1BTC so I could afford the deposit and first month on my apartment near the low in January (3.6k). Wish I finished school a year earlier, because I would have been selling at the top and paid everything off.

[Anonymous No.13596980]

>>13596955
I'm pretty down right now because it would have been worth almost 7k now, which would cover my deposit and first month and left me with almost 3k extra.
>I had really poor timing with life events. In b4 I could have sold at the top at set the money aside. I had to do that to cover taxes.