Leaffags get in here

So when LINK Moons, what’s the best way to cash out in Canada?

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Lmfao cash out

Lmfao cash out

>when link moons

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>when link moons
>cash out

its already been over a year. i think its time to accept the fact that nobody cares about chainlink, and that it's pump came right after the markets for it opened, and now its sliding to zero volume and zero value

Ya know, 99.9% of people who see these threads (who haven't used filters) are FUCKING IRON HANDED LINKIES and your SHITTY FUCKING FUD won't work on them. Or maybe you're literally retarded and don't understand why you even fud this glorious project

>leaf

It's funny albeit sometimes annoying to watch them try though.

Maybe quadriga?

I’m honestly just scared of paying a fuck ton of capital gains.

Doesn’t the amount you pay scale in terms of your actual income? Should I just work a shit job barely above min wage before it moons so my income stays low?

>quadriga
lol have you tried cashing out on quadriga recently?

> actually paying tax to our treasonous government
Top Kek

why would you exchange your shine new golden hen chad tokens for bits of paper belonging to the old legacy system?? I don't understand the reason?

Don't worry, Leaffag. LINK will never moon.

move to puerto rico, where capital gains tax is nonexistent

Hi fellow Leaf. You cash out through an OTC trusted and insured broker. There’s numerous. Eventually though crypto will in some way be tied to your traditional bank account, I imagine SWIFT (and LINK?) will have something to say about it.

I'm thinking the better option will be staking LINK and selling the earned LINK and claim it as income rather than forego capital gains tax on the lot.

Kek whenever you cash out your investment money would be treated as personal income

This

I'm thinking the best way would be to establish a corporation based in a tax-haven country. Set your coins as part of the founding assets of the corporation, then sell them and put the money into the corporate bank account.

I imagine you can use the corp to buy real estate, for example, and allow yourself to live in your corporate owned house for free. Your corporation also pays for your business trips, business diners, etc.

Im going to do this but might just incorporate in Canada and pay 15% tax to be a good guy

Depends though. If I’m paying like over a million in tax that’s gonna be hard as fuck to justify

I’ve heard terrible things about trying to cash out with quadriga. I wouldnt

45% *

How easy is it to set up a company and do this? I want to do this but make it a legitimate business at the same time.

It’s difficult. In the US you can easily set up an LLC for like $5k. In Canada you need to formally incorporate which costs many times that. Leafs make the best tax donkeys in the whole of the dominion.

Fuck our government. I don't mind paying taxes, but I don't want to get ass raped. and I wanted to give a little something back to my community,

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unironically this
i used to be the definition of a model citizen in the government's eyes, and they fucked me around and punished me because i was exactly the slave that they aim to create
just find people to sell your bitcoin to at market rate; you both win
no taxes, and a very brief waiting period
you using the term "cashing out" like you're gambling, when you should realize that crypto—memes aside—IS the future

*good goy
paying taxes to the federal government is literally the most harmful thing that you could do to our country

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I am quite literally immune to link FUD at this stage.
Sergey would have to die in a car crash for me to even consider selling right now.

Same, I'm literally all in with everything I own. If link doesn't moon in the next year innocent people will die unfortunately.

>when
>cash out

lmao thanks for the laughs OP

what's so glorious about a json parser that could have been coded in a month and doesn't even work as intended?

same here

>cash out
>link moons
Nice bait faggot

coinsquare. all their banking is done within Canada, so you can cash out like 5mil+ in like 24 hours no problem.

This.
They just partnered with BMO apparently

i am sharing this board with people who dont know how capital gains taxes work.

With the cult that's formed around chainlink if Sergey doesn't pull it off, I believe /biz will kill him then proceed to make a decentralized oracle ourselves that uses the LINK token, we have the whitepaper and the autism and the conviction.

>tfw you just want to make some pnd shitcoin, but some autistic cultists from a somali goat trading forum find out so now you actually have to solve the oracle problem so you don't get assassinated

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You suck a native man and then a chink dick which is connected to an api to activate your dumb contract which lets you cash out but then you automatically donate it all to muslim immigrants. Fucking cuck leafs

facts can't be fud, by definition.

Fudders only seem to come up with feelings and easily debunked disinfo though. Their other arguments are "muh current price" and "muh volume" in a bear market because they're too stupid to understand that linkies basically hold for mainnet / real use and not trend lines or hype. You aren't one of those retards, are you user?