so has anyone successfully cashed out...?
So has anyone successfully cashed out...?
My portfolio is in shambles, what am I supposed to cash out?
If you ever cash out more than $10k total in your life, they send a van to take you to the camps.
Everyone who tells you they cashed out are CIA
I cashed out some crypto through some electronics on fasttech (they accept crypto directly with no middleman) and some games on g2a
yo
Yes, back in early December 2017.
I notified my bank that Coinbase will transfer a certail sum to my account, then I declared it to my local IRS and everything went smooth. Had o do a couple of calls and one meeting with someone from my bank, but considering the amount, it was all cool and relaxed.
At least from the side of the bank and the IRS - coinbase was a bit of a bitch and delayed the transfer a bit...
yeah, both in late Q4 2017 and in early Q1 2018
the bubble was obvious to anyone who took part in past bubbles - crypto or otherwise
I'm sorry to hear that user
If you just have small fry amounts, say 20k, then you'' have no problems.
If you are cashing out large amounts but youve always had a lot of money in your accounts prior to crypto then youll have no problem.
If you are cashing out large amounts and youve always had a piddly bank balance and have a shit job or no job then good fucking luck.
Im assuming that you had a decent paying job and/or had a decent amount of money in your bank account(s) prior to this correct?
btw, pay your correct taxes.
Why would it be a problem? The bank statement shows Coinbase, you can make a list of every transaction.