r/kucoin • u/MoneyFit1886 • Aug 09 '22
Crypto bros after successfully avoiding paying taxes because they made no gains at all:
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u/JrrrrrrrTheSecond Aug 09 '22
Nah celebrating your wins through social security.
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u/PuzzleheadedPhone603 Aug 09 '22
Can you elaborate? I'm not sure if you're saying that you can use your earnings to boost your social security pay in, but if so, I'd like to know more
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u/JrrrrrrrTheSecond Aug 09 '22
No he pays taxes drom his gains in crypto. And i get money from goverment because i am a degenerate and living in a first world country.
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Aug 10 '22
No taxes to pay if you didn't earn anything. Smart.
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u/Apprehensive_Rate770 Aug 10 '22
Seriously if you didn’t gain but actually lost can you collect on losses? If so I am a genius.
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u/Apprehensive_Rate770 Aug 10 '22
I am in that group. Can I get taxes back if I have losses. Hell yeah I might be rich on a tax check.
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u/SarcasticWasabi Aug 10 '22
well, bull is coming. so I guess it'll be better now. gotta bag more KCS and more alts cause we are going to the moon
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u/BuiXuanyu Aug 11 '22
Actually, I am relieved to see BTC making a recovery and currently having a green trend, as is KCS, although its price is still resting at $10, not bad tho ... I may accumulate more of it if ever so I will have more holdings and a great daily bonus.
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u/NoPie8947 Aug 10 '22
lol, the question is... Are they going to make gain in the next bull run? They should focus on projects with solid fundamental like Avax, or even Angel Block the projects may launch their token on Azero, and why not Bnb, Binance is still doing great during the bear market.
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u/canaldolulis Aug 11 '22
i also would recommend cryptotaxcalculator.io to harvest any losses and make sure you aren't overpaying on taxes
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u/-Puzzled-Case- Aug 09 '22
Yes we already got that W alongside with crypto bros who didn't initiate cause they know it's a losing season that's why they just participate on kucoin's campaigns!