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Martin1234

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  1. It's good to have a plan I see BTC is dipping again which is what was always predicted in the run up to halving. Usual trend is for new highs and levels post halving. Let's see that happens in a month or so.
  2. I don't think this is the exact one I was reading, but says similar.. https://cointelegraph.com/news/bitcoin-halving-how-impact-btc-mining-costs The mining reward will be halved, so the cost of production will double as they have to mine twice as much. This says post halving the cost of mining one BTC will be 'above 80k'. The halving event should be a no brainer really I think I said before, this must be why the likes of BlackRock are all over it.. By rights this world push the BTC price well into the 100k numbers.
  3. I was reading earlier that post halving, the price will need to be $100k for the miners to turn a profit. It feels like a no brainer!
  4. I don't think BTC has even begun yet. After halving event it should soar, taking everything else up with it. Then alts after. Traditionally it's after each halving that BTC really hammers up. Yeah I'm UK sorry.. think I've grasped what I need to do. I work with pensions so am more comfortable with that side tbh!
  5. I don't think BTC has even begun yet. After halving event it should soar, taking everything else up with it. Then alts after. Traditionally it's after each halving that BTC really hammers up. Yeah I'm UK sorry.. think I've grasped what I need to do. I work with pensions so am more comfortable with that side tbh!
  6. But it's only gain when you withdraw it? I've gained a lot more than that currently but don't believe I am due to pay cgt until I trigger an event by withdrawing, and this would be tested on what I take out in that tax year. If I withdraw 3k per tax year, I went be gaining any more than the limit, if you see my logic? If you buy something (let's say a house), you pay cgt on your profits, ie income. You would only pay cgt on the whole house if you sell it again ( that's assuming it was a second property as a rental income investment ). Another example, if I have a huge pension pot and take a part withdrawal, I only pay tax on the bit I withdraw and but the whole fund. Not totally crystal on the accuracy re rental rules etc, but you get the gist.
  7. Let's see. I'm going to ride it out for another 6 months after halving, then accumulate more BTC in the dips. As I say, I've already doubled my stake, it's just the cgt bit that I don't understand and don't want to get stung on.
  8. After the halving event. It's coming up end of April. The miners rewards halve, but the work to decode the Blockchain stays the same. On effect it costs the same to produce but the miners earn less. Happens roughly every 4 years. My logic tells me it'll double at least in value. Probably why BlackRock were buying up billions in value of it...
  9. I'm not selling before the halving, no way Think I can withdraw 3k a year with no cgt though? Let's see what happens in a few weeks.
  10. The halving event is coming. Hopefully this means some more decent gains. I've been buying mainly BTC, ETH and SOL during the crash and have a good profit at the minute. Basically as it sits now I've doubled what I've paid in. I bought via ramp swaps and use cold storage, so it's not on and exchange. They did ask for kyc from me, so they know who I am I'm now a bit concerned about taxation, as it comes under cgt rules, and has a 3k annual threshold which my profits are way way over. Any thoughts on how to avoid the tax man?!
  11. That video is definitely CGI or AI generated.
  12. You can get every vitamin except c from an egg. You don't need vitamin tablets. I eat 3-4 eggs every day and never felt better. The vitamins in eggs are natural and highly bio available to the body.
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