this post was submitted on 14 Jun 2023
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Bitcoin

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cashing out (feddit.it)
submitted 2 years ago* (last edited 2 years ago) by [email protected] to c/[email protected]
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Questions: have you ever cashed out a quite substantial (meaning life changing after paid taxes) amount of money to fiat ? Or do you spend it monthly from your savings using tools like prepaid cards ?

The only time I really spent some crypto was with a bitsa card as an experiment but it was just a couple of flight tickets worth.

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[–] [email protected] 1 points 2 years ago

Nope, even not If I do not have to pay any taxes for Bitcoin kept longer that 356 days. I am still accumulating every month a bit, no matter where the price is.