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/biz/ - Business & Finance

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15098550 No.15098550 [Reply] [Original]

AAAHHHHHHGGGGG we're dumping again, swingers win again, why do we always end up holding the bags with this scam

>> No.15098559

>>15098550
> thinking it's the swingers
It's the devs desu.

>> No.15098572
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15098572

>>15098559
I know but the swingers win when the devs dump aAAAAAHHHHHHHHOGGGGGGAAAAAABOOOOOOGGGAAAAAA

>> No.15098576
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15098576

>>15098550
ALRIGHT HANDS UP FAGGOTS, WHICH ONE OF YOU ARE SELLING AGAIN

>> No.15098641

>>15098576
Sold at 2.61 hahahhahaah thanks for holding my bag I appreciate it

>> No.15098661
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15098661

>>15098641
GIMME PROOF U SOLD OR U ARE LARPING LIKE ALL THE OTHER PEOPLE WHO SAY THEY SOLD, I'VE ONLY EVER SEEN 2 PPL WHO DIDNT LARP THAT THEY SOLD WILL YOU BE THE THIRD?

>> No.15098753
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15098753

>>15098661
I traded my whole 30 linkies at $2.57 for BTC at $10,738

I'm fucking rich now, later nerds

>> No.15098795

Remember to always uphold /biz/ mantra
Buy high sell low

>> No.15098814

I was gonna fucking swing but was convinced not to fuck this stupid shit

>> No.15098831

have the swingers ever lost? honest question. seems so fucking easy with this coin

>> No.15098855
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15098855

>tfw bought at 0.28

>> No.15098867

>>15098831
It's pretty easy.
Swinging link is what motivated me to learn to code an API bot.
Literally free money it's so predictable.

>> No.15098890

>>15098831
I've only seen 2 people post proof of successful swing, usually when people get called out they just leave the thread.

>> No.15098898

>>15098831
a lot of swingers got burnt on the way to $4.5, selling the first/second pump and feeling priced out when it kept going higher. They wont speak about it though.

>> No.15098917
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15098917

>>15098890
Make it three.

>> No.15098942
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15098942

>>15098917
nice gj, I wish I could swing but the taxes would wreck me

>> No.15098948

>>15098898
if they were patient they could have swung successfully

>> No.15098982

>>15098942
you're the second person I've seen say this today, are people really this retarded?

you pay taxes on the capital gains you make when trading. You aren't taxed on the amount you're trading

>buy bitcoin for $10k
>block chain is hacked by quantum computers
>sell bitcoin for $0
>YOU OWE TAXES NOW ON THE $10K YOU TRADEDED!!

>> No.15099001

>>15098942
That's what i dont get about swingers as well, there's no way they're paying CGT on the profit made between swings because no retard here cashes out. I'd like to know how they plan on cashing out because from my perspective they're all in for a butt fuck from tax authorities when they see the transaction history.

>> No.15099010

>>15098982
yes but I don't want to pay taxes, when im gonna cash out i will move to portugal or another 0% tax place

>> No.15099024

>>15098550
Say what you wants out swing linkers but I'm using bots to predict price moves and it works.
I'm even going to share them with you for free, they run on telegram for notifications
@cryptopredictorgroup

>> No.15099036

>>15099001
If I were them I would just cash out enough to pay the taxes

>> No.15099071

>>15099036
That doesn't make any sense to me.

If you cash out 1000 dollars, let's say you invested 500, you have to pay taxes as a percent of the 500 you invested. So you have to gib up either way, don't you?

>> No.15099097

>>15099036
But it gets complicated because technically you made more than you should've in the first place since you didn't pay the first set of tax initially. The stinky swinger would be trading with a stack he's not legally entitled to and making additional profit from it.

>> No.15099111

>>15099097
I'm not sure what you mean, I'm pretty sure not even stock traders pay capital gains tax the instant they make a gain. Everyone pays it at tax time

>> No.15099155

>>15099071
>If you cash out 1000 dollars, let's say you invested 500, you have to pay taxes as a percent of the 500 you invested. So you have to gib up either way, don't you?

I'm not sure what you're saying either. You pay CGT on the $500 you gained. And you only pay it once, so if you bought $500 of BTC, and traded it for $1k of ETH, then you cash out the ETH for USD, you'd only owe CGT on the BTC>ETH trade

>> No.15099165

>>15099111
im saying if i invested $20,000 in a shitcoin and it reached $40,000 and i traded it for USDT. Am i then legally obligated to pay tax on that $20,000?, however if i ignored that and bought back in with the $40,000 at a lower price and turned it into $80,000 i'd have made more than i should've since not all of the 40k is mine. Am i misunderstanding the tax system or not? I was under the presumption you pay CGT on all crypto to crypto trades and not just at a tax period

>> No.15099181

>>15099165
>I was under the presumption you pay CGT on all crypto to crypto trades and not just at a tax period

You do but it's not like you have to cut a check to the IRS every time you make a trade. You just report everything at the end of the year

>> No.15099189

>>15098550
everytime, stupid fucking hodlers lmfao

>> No.15099190

>>15099097
You're an absolute brainlet

>> No.15099222

>>15099181
ah ok, that's my bad then. That's not all too bad desu.