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/biz/ - Business & Finance

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4930948 No.4930948 [Reply] [Original]

For the first time in my life, I bought 20 whole bitcoins on Feb 10th this year.
>@ $993

Sold everything on Dec 7th
>$17, 192

$343,840 - $19,860 = $323,980
It's going to be a very good Christmas this year.

>> No.4930975

>>4930948
I wanted to do that, but alas I'm a broke college student. The problem with this shit is that unless you got in super early, you had to have had money to make money.

>> No.4930978

>>4930948
taxes are gonna rape you

>> No.4930980

are you in usa? taxes?
i thought if you waited till after feb 10th in your situation, no tax?

>> No.4930986

CAUSE I'M THE TAX MANNNNNNNNN
YEAAAAAAAAAAAA
I'M THE TAXMAN

BE THANKFUL I DON'T TAKE IT ALL

>> No.4931021

>>4930980
No, but it would be 15% rather than an effective ~29%

>> No.4931024

>>4930948
>buy low sell high
Sounds too good to be true what's the catch?

>> No.4931044

>>4931021
jesus fuck. so the only way to make is to have like 50 to 70 btc
fuck meee

>> No.4931045

>>4931024
Op here.

Dumb luck. I have no fucking clue what I'm doing.

>> No.4931048

>>4930978
only 33% in the US assuming he has less than 92k in other taxable income. not bad at all and completely worth it.

>> No.4932004

>>4930975
It's not too late my friend