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i have alot of bitcoins

920 128 October 28, 2017 at 10:44 AM
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but every time I go to sell them they go up,i don't want to lose out if they go to $10,000 each,i also don't want the irs taxing them,and if you sell them they put the money in your bank account.

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Joined Nov 2014
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#2
Maybe sell off a few and throw that money into a promising altcoin? I hear FunFair has a promising future. Perhaps do a conversion of one bitcoin into 29k funfair coins. then HODL.

Alternatively if you are uncomfortable with a volatile market, take all the profits from your initial investment and leave your original amount alone for more time.

*I am not a financial consultant, however I did stay at a Holiday Inn once.
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Joined Jul 2004
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#3
No one sells bitcoins, thats why they are going up quickly. They are worth about $1M each.

Its like owning real estate in 1800. If you hold on to it, there will be cities and cities built on your land (coins) and smaller pieces of your bitcoins will be worth a lot.

I am not a financial advisor!
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#4
who cares...then dont sell them. they may go up another couple thousand...its your call.

just remember: pigs get fat...hogs get slaughtered
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#5
No you don't.
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Quote from charles052
:
You have blind faith whereas I do not.

Quote from skiman
:
I can't escape the mental picture. theblaze.com is very clearly some sort of information anus yet some posters seem eager to attach their lips and deliver the product here.
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#6
Go ahead and sell or use them. I bought something on overstock with btc. Then just bought more btc to replace the ones I used. If you have a lot maybe diversify into some altcoins.
If you hold for over a year and make less than $37,750.00 per year wages you'll pay no taxes in btc capital gains. If you gotta pay taxes, pay up.
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Joined Jun 2014
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#7
Cool story, OP.
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