Poorfag/newfag here. At what point do you have to pay taxes on

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>>2838952
If you're in the US, then IRS treats crypto as a commodity.

Thus, you have to pay capital gains tax on whatever you sell. The precise amount is affected by your income bracket I believe.

I just don't sell.

>>2838961
I am in the US, forgot to mention.

So even if I only make $500 for the whole year, I have to pay taxes on it?

>>2838977
If you make under $10k/year, you don't have to pay any taxes.

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>>2838952
who the fuck?

that's my question every time

how stupid would you have to be to actually do this

>>2838999
to do what? nice trips btw

I want to get into margin trading. Can someone tell me how much funds I need in Kraken?

e.g. if I have $100 in my account as collateral and I want to short with 3x leverage, how many BTC can I borrow?

>>2839866
This question is not even basic about finance.
It tells us that you cannot grasp the fundamentals of math.

No, honestly - dont do margin trading. You will lose the $100.

>>2839885
I can understand the math very easily. The problem is I don't understand the financial terminology.

This is like if I told you that you can bucket your meatjockeys according to the ladders you have, and if you don't understand it then you don't understand math. You would obviously want these terms explaining to you