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/biz/ - Business & Finance

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20730615 No.20730615 [Reply] [Original]

So I have $150K in shitcoins but still living with mummy and daddy. Is there any reason for me to not cash out ~$10k and get an apartment for a year? Or should I cash out a bigger amount, pay for capital gains tax, and get a mortgage? The only problem with that is i only work part-time and I don't want the bank to know how much crypto i have. It just seems somewhat of a waste of 10k to spend it just on rent knowing i won't get to keep/reinvest anything out of it after a year.

>> No.20730644

>>20730615
How old are you

>> No.20730908

>>20730644
late 20s

>> No.20730930

>>20730615
I love my country, we only pay 19€ per BTC we cashout, fukkin kek

>> No.20730987

I don't understand why the bank would know your total portfolio amount, and not just the amount you are cashing out.

>> No.20731008

>>20730615
sell half. by fall, you'll wish you would have.

also, buy VRA, duh.

but yes. sell half.

>> No.20731080

>>20730615
its none of the banks business how much crypto you have. The feds already know about anything you're doing. A private or public bank is just there to handle the funds you allow them to.

>> No.20731205

>>20730930
which country?
>>20731008
why? predicting an october crash?>>20731080
but to get a mortgage do you not need to at least show you have some income? im UK btw