Hi guys, I'm curious. What happens in spot if the currency falls below the purchase price and goes above the invested value? Example I invest €50, the value goes to 0 and above. Do you go into debt? Thanks
Title: Exiting My Crypto Portfolio Ahead of January 20
I've just sold my entire crypto portfolio. Here's why:
Everyone believes the market will turn bullish on January 20 with Trump's return, but I've learned one crucial lesson in trading — what retail investors expect is rarely what actually happens. Markets often react in ways that catch the majority off guard.
Rather than following the crowd, I’m choosing to stay ahead by acting contrary to the popular narrative. Timing and sentiment analysis are key in volatile markets like crypto.
I’ll be watching closely from the sidelines, waiting for the unexpected to unfold. Sometimes, stepping back is the smartest move you can make.
Remember: Trade wisely, avoid FOMO, and always question the herd mentality.
the budget law approved at the end of the year is valid (as always) for the following year
MarmottAtomica
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Big question, but if in 2024 I made €1000 of capital gains, is there still a tolerance threshold or do I have to pay taxes on it? big rip-off if they make laws after the sales and I have to pay, when I sold there was a limit of 2k not taxed, I would have acted differently if now I have to pay a few hundred euros in taxes 🤦
hi, on 1000 euros of capital gain realized in 2024 you do NOT have to pay taxes, the threshold of 2 thousand euros remains. if the 1000 euros of capital gain are made in 2025 you pay 26%
MarmottAtomica
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Big question, but if in 2024 I made €1000 of capital gains, is there still a tolerance threshold or do I have to pay taxes on it? big rip-off if they make laws after the sales and I have to pay, when I sold there was a limit of 2k not taxed, I would have acted differently if now I have to pay a few hundred euros in taxes 🤦
trying to lighten the mood a bit these fiery red days..but couldn't the descent be done before December 31st? at least I would have saved a bit on the stamp duty 😅 #CryptoMarkets
the minimum you can get to is zero, if Solana gets to zero
Axel-crypto
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Hello, can we be in debt on Binance? For example, I bought €1000 of solana, if solana falls a lot can I be in debt or will it stop at €0? Thank you for your help.
Hi, can someone explain to me why my cryptos, Dodge Shiba and Pepe are no longer convertible? I see them in the wallet but I can't make any transactions
the 3% rule is Maastricht 1992, wanted by the French (who years later declared it to be a random number... that destroyed the European economy)
vikingotrader
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the public debt of the United States and Japan is much higher than the Italian one. the difference is that we have imposed a spending cap of 3%, with the Berlusconi government
start from the assumption that capital gains are only when you have closed a transaction in profit, if you earn but do not close you do not pay any capital gains
davda
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*declarations*taxes* Hi everyone, but in Italy…I know that crypto accounts should be declared if you exceed 2k in earnings, but if you don't transfer them to your current account and keep them in crypto, what the hell do they calculate that maybe after two months everything goes down and you go into the negative..I don't understand 😡..thanks already for the answers from those more expert than me🙏🏽
I saw that the taxation topic is of interest. I propose a question: for 2025 there will be the possibility of paying 26% on capital gains or 18% on the entire amount of the portfolio.
Who is the first case convenient for and who is the second?
It is convenient to pay 26% to those who have load prices relatively close to current values. For example, I bought Bitcoin at 80k. Why? Because prices could potentially return to those levels and therefore it is convenient for me to be certain that I have collected the capital gains (therefore closed the operation).
It is convenient to pay 18% to those who have a very low load price (1 dollar, 10 dollars, 100 dollars, 1000 dollars, 10000 dollars), i.e. values that presumably will never be touched again.
Why?
because at current prices the value of BTC is almost all capital gain (except in the case of 10k, of course) and this allows me to bring the load price higher and optimize the tax component. the advantage can be calculated in 26-18.. or 8%.
example.. I bought btc at 100 dollars, it is at 100k. with a 26% taxation I would pay 25974 of capital gain. if I use 18% I would pay 17982.
equally evident that if I bought at 100 and I have a significant share of #btc it is better for me to move my residence to another country, in countries where no taxes are paid on crypto or the taxes are very low. the assets in this sense would facilitate the move.