Anonymous
ID: f9jQmEIN
6/30/2025, 11:55:35 PM No.60566218
>he thinks his investments made a profit but he didn't account for inflation + taxes
Replies:
Thread 60566218 - /biz/ [Archived: 778 hours ago]
Anonymous
ID: yfm9xIA0
6/30/2025, 11:57:29 PM No.60566226
>he forgot about the fees
Anonymous
ID: bT+IiyHl
7/1/2025, 12:02:33 AM No.60566236
Anonymous
ID: +3G9Ptga
7/1/2025, 1:57:57 AM No.60566636
>>60566218 (OP)
Also time spent. Honestly I'm down when you consider that.
Also time spent. Honestly I'm down when you consider that.
Anonymous
ID: qhYepcdr
7/1/2025, 2:03:54 AM No.60566665
What happens if u trade on DEX's for many years and build up to $10,000,000+ but you have 10000's of taxable trades
Are you just simply fucked at that point? In that you'll be forced to remain in crypto forever, EG: if you ever tried to cash that out you'd have to prove how you got it, and you'd have no way to do that because you've changed wallets a dozen times and made so many transactions on random wallets you wouldn't even be able to collect all the information even if you wanted to, and thus the Government would claim that your funds aren't legit or something and seize the funds until you can prove 100% its legit which you will never be able to do because of how you built up the portfolio.
It seems gov tax systems only really work if you barely trade, only use CEX's, and don't really actively participate in crypto.....so basically if you're a crypto degen who builds up a huge portfolio, you aren't getting that out.
Are you just simply fucked at that point? In that you'll be forced to remain in crypto forever, EG: if you ever tried to cash that out you'd have to prove how you got it, and you'd have no way to do that because you've changed wallets a dozen times and made so many transactions on random wallets you wouldn't even be able to collect all the information even if you wanted to, and thus the Government would claim that your funds aren't legit or something and seize the funds until you can prove 100% its legit which you will never be able to do because of how you built up the portfolio.
It seems gov tax systems only really work if you barely trade, only use CEX's, and don't really actively participate in crypto.....so basically if you're a crypto degen who builds up a huge portfolio, you aren't getting that out.