YOU ABSOLUTE FAGGOTS If you had cashed out to fiat 3 days ago,

>>2457341
>scenario 1: $2000 profits dip to $1500 profits, sell, government taxes and leaves you with $1050
>scenario 2: $2000 profits, sell, government taxes and leaves you with $1400
wtf i love taxes now

>>2457358
does the government even track/care about 2k gains?
Asking for a friend

>>2457373
Technically anything above $1000 should be reported (unless your annual income is sub-minimum wage). Realistically, maybe not, but not worth the risk.

it's a good thing they don't tax usd tether?

>>2457411
>they don't tax usd tether
Nice fantasy

File: 2356567467.jpg (27KB, 504x415px) Image search: [Google]

27KB, 504x415px

>cant tax me if I only take losses

>paying taxes
>not cashing out via alphabay for one last round of sweet gains

>>2457341
Ah, totally forgot about capital gains.

Glad I'm holding for the long term, as this dip has made me a little anxious.

>>2457529
I turn my bitcoins into sheets of acid over time. Buy several sheets at $350 each and flip them at $600 each.