1984 on Nostr: If I buy crypto noncustodial, I have to pay >50 % tax on gains, when i ...
If I buy crypto noncustodial, I have to pay >50 % tax on gains, when i off-ramp/change wallet/swap/buy anything with these cryptos if they've appreciated in value since I bought them. If I have another wallet, where the coin has depreciated I can not deduct the loss from my above gain.
So, where I live multiple people have been bankrupted by buying and selling crypto, unaware of the tax laws in their country.
If I bought an crypto ETF I would only pay ≈ 25% and my loss would be deductible.
Just consider that sentiment structure for brief moment...
Published at
2026-07-14 09:02:23 UTCEvent JSON
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"content": "If I buy crypto noncustodial, I have to pay \u003e50 % tax on gains, when i off-ramp/change wallet/swap/buy anything with these cryptos if they've appreciated in value since I bought them. If I have another wallet, where the coin has depreciated I can not deduct the loss from my above gain.\n\nSo, where I live multiple people have been bankrupted by buying and selling crypto, unaware of the tax laws in their country.\n\nIf I bought an crypto ETF I would only pay ≈ 25% and my loss would be deductible. \n\nJust consider that sentiment structure for brief moment... \n\n",
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