Bitcoin

[Johan Schoeman]

Are you invested in Bitcoin and did you get a decent return?

 

[Sagenut]

I think that who invested in the early stage many years ago now is more than rich.
Nowadays they looks untouchable.
But I have no experience in such things.

 

[Alexander Stolte]

Unfortunately, I only bought in July, but this investment has currently made 74% profit and at peak times in the last few weeks up to 90%. I just can't sell because otherwise I would have to pay taxes, so I have to wait until next July.

 

[LucaMs]

I bought 2 bitcoins 10 years ago. I paid 2€ for them. Today they are worth 2 million, tomorrow I will sell them.

 

[Johan Schoeman]

Unfortunately, I only bought in July, but this investment has currently made 74% profit and at peak times in the last few weeks up to 90%. I just can't sell because otherwise I would have to pay taxes, so I have to wait until next July.

There are 2 things in life we are certain about:
1. We will have to pay tax one way or another
2. We will die

But it is still better to sit and cry on the back seat of a Rolls Royce than on the seat of a bicycle

 

[LucaMs]

We will die

"We", but in the future people will never die.

 

[Alexander Stolte]

1. We will have to pay tax one way or another

They are also constantly coming up with new taxes... Soon I'll have to pay taxes when I breathe, because co2 (yoke, but i live in germany, so i'm not so sure...)

 

[LucaMs]

They are also constantly coming up with new taxes... Soon I'll have to pay taxes when I breathe, because co2 (yoke, but i live in germany, so i'm not so sure...)

Come and live in Italy; once you pay your taxes, you have 2% of what you earned left

 

[LucaMs]

Come and live in Italy; once you pay your taxes, you have 2% of what you earned left

...on the other hand the services are terrible.

 

[Johan Schoeman]

Come and live in Italy; once you pay your taxes, you have 2% of what you earned left

Our tax base in SA consists of about 5 million people out of a population of 60 million people. We (tax payers) are being abused to the n'th degree. We know about being taxed. And probably not too much different from the rest of the world.

 

[AnandGupta]

Our tax base in SA consists of about 5 million people out of a population of 60 million people. We (tax payers) are being abused to the n'th degree. We know about being taxed. And probably not too much different from the rest of the world.

Agree from India.
You either have to be rich or poor to survive in India now.
Rest (us) are just wheat in between tax grind stones.

 

[rabbitBUSH]

Are you invested in Bitcoin and did you get a decent return?

I'm never sure which one to call Bitcoin/cryptocurrency.

"The essential difference between the two frauds is that a Ponzi scheme generally only requires investment in something from its victims, with promised returns at a later pay date. Pyramid schemes, unlike Ponzi schemes, usually offer a victim the opportunity to “make” money by recruiting more people into the scam."

But, then, like you I live here in South Africa - so I would have to say that the most profitable investment is tenderentrepreneurship - or, just become a member of the parliament: Nothing to do plenty to earn (in both cases) - I reckon that would be cryptic enough for us both.....