BlockchainVisionary
Sat Mar 30 2024
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7 answers
1567
What is the penalty for not reporting cryptocurrency?
Good day, I am a bit confused about the regulations surrounding cryptocurrencies. I understand that there are certain obligations when it comes to reporting one's crypto assets and transactions. But what exactly happens if someone fails to do so? What are the consequences? I'm asking because I want to ensure that I am fully compliant and don't run the risk of falling foul of the law. Could you please clarify this matter for me?
Stardust
Sat Mar 30 2024
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6 answers
1176
Did people lose money with FTX collapse?
Has the collapse of FTX led to financial losses for investors? Given that FTX was a major player in the cryptocurrency industry, I'm sure many people had their money invested in it. I'm curious to know if those investors have suffered significant losses as a result of this collapse. How widespread is the impact of this event on the cryptocurrency market? Are there any lessons that can be learned from this incident to prevent similar events in the future? As a professional in the field of cryptocurrency and finance, I'm interested in hearing your thoughts on this matter.
BonsaiBeauty
Sat Mar 30 2024
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6 answers
1494
What if you invested $100 in Bitcoin 10 years ago?
If I had invested $100 in Bitcoin 10 years ago, what would have happened? Would I have become a millionaire overnight? Would I have been able to retire comfortably? What kind of risks would I have taken? Would I have had to worry about the volatility of the market? Or would I have simply missed out on the opportunity of a lifetime? I'm curious to know what the potential outcomes would have been had I made that decision 10 years ago. Could you please enlighten me on this matter?
Giulia
Sat Mar 30 2024
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5 answers
914
How much crypto can you sell before paying tax UK?
Excuse me, I am a bit confused about the cryptocurrency tax regulations in the UK. Could you please clarify something for me? I understand that when selling cryptocurrencies, one is required to pay taxes on the profits. However, I am unsure about the exact threshold. How much crypto can I sell before I am obligated to pay taxes in the UK? Is there a specific amount or is it based on some other factors? Could you please provide some clarification on this matter? Thank you very much for your time and assistance.
isabella_doe_socialworker
Sat Mar 30 2024
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5 answers
851
Can you day trade with $100 dollars?
Excuse me, I'm new to this. Can you really day trade with just $100? I've heard stories about people making big profits with crypto trading, but I assumed it would take a lot more money to get started. Is it really possible to make money with such a small investment? I'm not looking to get rich quick, but I'd like to understand if this is a viable option for someone with limited funds. Could you please explain how it works?
