DOES ANYONE ELSE BUY BITCOIN EVERY HOUR ON THE HOUR 🤔
#ASKNOSTR #BUY #STRIKE #DCA #GM
Discussion
Not any longer. It's difficult to do it #KYC3
Explain..... KYC is difficult in your area ?
Of course not! KYC is an evil control mechanism that we should all refuse. My point is that DCAing non KYC (#KYC3 KYC free) is difficult enough daily, jet alone hourly
More of a daily/weekly buyer.
WHATS YOUR TAKE ON PEOPLE SAYING BUYING EVEY HOUR ON THE HOUR IS AN ACCOUNTING NIGHTMARE FIR TAXES ?
I ASKED THIS QUESTION FOR REASONS LIKE THIS .... THOUGHTS 💭 I'M LOVING THE ENGAGEMENT IN THIS QUESTION ⁉️
OR TAXES ON BITCOIN IN GENERAL...
My take... i buy regularly in the same denomination. I buy from Strike and download the monthly CVS file . Im able to quickly sort the purchases (dollars spent, sats acquired and sats per dollar).
I regularly move sats to cold storage once I get to a reasonable utxo size.
Ive not sold sats since I started this journey, over 5 years ago.
The excel file i keep will help me sort out the taxes when/if I get to that. Hopefully we get meaningful btc tax treatment on spending/selling.
My plan would be to to use the data and calculate the sats spent/sold and if required.... pay taxes (lol).
I figure so long as the exchange offers a download of purchase activity... the buys by the minute hour, day, week or month would not be an issue.
ive been buying hourly for years. i have 0 clue what my average price it and i dont care. if i run out of fiat ill turn it off.. (never happened, fiat is extremely easy to get because its worthless). if anyone has anything to say about taxes they can fuck off
Yes Fren and #God 🙏 is #Great #GM Fren 🌞 have an amazing day today https://youtu.be/wqCz3-v3PHA
Have you ever asked yourself these questions?
"What is the meaning of life?"
"My life?" "Your life?"
#ASKNOSTR #BUY #STRIKE #DCA #GM
☦️ thank you for sharing your faith now allow me to share mine.
🔴 What Is Islam?
🔴 Islam is not just another religion.
🔵 It is the same message preached by Moses, Jesus and Abraham.
🔴 Islam literally means ‘submission to God’ and it teaches us to have a direct relationship with God.
🔵 It reminds us that since God created us, no one should be worshipped except God alone.
🔴 It also teaches that God is nothing like a human being or like anything that we can imagine.
🌍 The concept of God is summarized in the Quran as:
📖 { “Say, He is God, the One. God, the Absolute. He does not give birth, nor was He born, and there is nothing like Him.”} (Quran 112:1-4) 📚
🔴 Becoming a Muslim is not turning your back to Jesus.
🔵 Rather it’s going back to the original teachings of Jesus and obeying him.
More .....👇
🔴 THE RETURN OF JESUS
