MultiversX Tracker is Live!

My current car is craping out, decided to get newish one. Already regretting being in debt. Do I cash out the cryptos I’m losing on, or the ones I’m ahead on, or does it not make a difference?

All Cryptocurrencies

by COINS NEWS 120 Views

Been driving a really old crappy car. It’s starting to crap out. Decided to get a newish car. Already regretting it. Selling my crypto to pay for the car. What is everything I need to know? I’m guessing I should first sell the ones I’m losing on for tax purposes? I need to take 23k out of crypto. I’m sort of confused on how the taxes work. If I take out money, I’m going to have to pay tax on it. So if I take out more to cover the tax, then I have to pay tax on the crypto I took out to cover the tax of the first amount?

submitted by /u/DontHateNate
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments