Replying to Avatar Noerms

Thanks mate, really great advice 🙏💜

Yes, that is exactly what i am expecting. Having to watch 10 charts is extremely stressful.

The altcoins are aboit 15% of my portfolio. 85% is btc.

There is a good portion ETH in that 15% of which i think i will almost certainly be able to ride back to positive but the remainder is spread thin along mid and small caps.

It’s just this bad feeling of selling at a loss that holds me back atm 😅
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Curious BTC 2y ago

Just understand that most of the alt coins will never recover to their highs. Many are pump and dump hype coins. Not sure where you live but if you sell at a loss you might be able to claim those losses on your taxes as well. I sleep better not having to watch the price of Alts and figure out when to sell them for BTC. All up to you though

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El Tio 2y ago

I wouldn’t mix, ever, taxes and crypto.

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Noerms 2y ago

I don’t understand 😅

You mean all your crypto is non kyc and you don’t have to worry bout taxes?

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El Tio 2y ago

Yes.

I buy p2p in what we call “caves” (Cuevas) and go through multiples non-kyc wallets.

Argentina 🇦🇷

I do not pay taxes for my little holdings (if I’d declare it I wouldn’t pay neither, I do not reach the minimum taxable).

I take security pretty serious but I’m not a pro in hiding. If some day I have to pay taxes, I’ll fly out of here. I’m a Bitcoiner more than I am an Argentinian

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Noerms 2y ago

😅 well said bro

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Noerms 2y ago

Thanks mate 🙏

And followed btw 🤙

Yeah, it could realize some losses for tax but as i don’t plan to realize gains with btc, there would be nothing to face it against 😅