What happens when we sell our crypto in profit

[Gg233 1061]

As of now in some country there is no tax and you only need to fee is the transaction fee but also I think in some country they will going to deduct some tax on crypto.

[Robot 93]

Actually most of the people try to sell their coin in a good profit. I think this is the right time for sell bitcoin. 

[Lubruselu 2803]

When we are selling our cryptocurrencies in profit that's is the situation that's we be appreciated, and also is the best way of getting prepared to buy again 

[kare 105]

On 12/22/2019 at 9:35 PM, Maxtron73 said:

Wondering what will happen after we decide to sell our crypto assets after a strong rally and we put back our money on bank account ? Who knows what taxes we will pay or if we will pay. Obviously this depends on each state that has their own laws and regulations. I live in europe and so my earnings could be taxed in a different way from another state .

You need to know this one things is that when we all sells your bit coin there will be a major crash in the Price which will still enable some persons to still buy them back so there is no cause to fear in this settings.

[Luciferludz 1442]

I'm feeling very happy and be appreciated when I'm selling my cryptocurrencies with the profit, and that's makes me to continue to be loving cryptocurrencies

[Brushless4500KV 4214]

5 hours ago, Sumon023 said:

Wondering what will happen after we decide to sell our crypto ... the feeling will be crazy I think when we sell the crypto profit and will.

When you sell for profit, someone else will buy your coin at high price and will probably lose. Then he waits like you and sells it to another person to make profit. When we sell our coins, the price will go down a little because candlesticks show red bodies and others will see sell orders and refuse to buy but suddenly some buyers will appear and set buy orders and resists against prices to go down. This is the way resistance level will come into play to stabilize prices. When this level breaks, we will see rises and falls again and this is the cycle that repeats continually in a normal trade.

[Abo3laa 813]

Each state's requirements and taxes different from the other but always talking about the big dividends of a strong rise may not change much because of the fees 
For us in my country, we can only draw profits by middlemen, and the commission rate is low.5%

[Ms.o 3322]

Well,obviously when we sell our crypto during profits we can gain money which we can invest again or keep it,

So it depends on you what will you do after you gain profits 

[nicolas1234789 2566]

On 12/23/2019 at 3:35 AM, Maxtron73 said:

my earnings could be taxed

Crypto is free product and taxes is how your government protect your transaction, meaning regulation already release. When we sell all crypto asset and switch it into currency that is your big day and taxes is relative. Don't panic with taxes because spend money for taxes is good to help government with their development program in your country.

[dinabolt 514]

Taxes will not kill you and if your country release about crypto taxes, you should be happy because crypto is " legal ". Many people afraid about taxes but I believe taxes is the right way to get legality. If success we can use crypto for all economy activity with government protection, great moment for crypto users.

[mskhatri24 299]

In may opinion, the things happen to you after selling your crypto  in profit is totally depend on you country of region where you are belonging. Because there are many countries where they start  imposing tax on crypto transaction and still there are countries where crypto is ban from last 3 to 4 year.

[Sumayya 493]

20 hours ago, 👮ASHIK⚓ said:

Its popularity is increasing day by day, and in many cases of the present era, what is being done for cryptocurrency investment in the world and this is why Young Generation is leaning towards the presentIf you want to profit through this.

If we sell.for profit the profit is ours and we did the right thing actually by doing so.

[diya865 1]

you will be able to earn better with these assets if you get your original assets, thus you may have to continue.So you can be questioned all information your earnings. In mu country i am not earning as well to compete requirements of taxable income. 

[MohammadMohsin 569]

The thing that happens is that we get a good profit out of our sold coins. Cause when we buy the coins we buy it in a cheap price but when we sell our coins we sell them at a high price. 

[Ra6402877 8]

This is a good payment, because we can pay a lot of money if we sell coins at a profit. But this depends not only on the investors of the highest price, but also on the market price of what kind of profit you can get if you can wait for this price.

 

[Muskan7816 175]

The truth is that just reduce your profits and let your invested assets continue to work for income. The market will still drop. After it is reduced you can buy again and make more profit

[loaspokun 22]

On 17.02.2020 at 11:33, Ndokobo1987 said:

There is tax if it is a change in cryptocurrecy usage in our country. And if their is no tax at all the profit is for us.

Greetings, my friend For records, as of overdue the German parliament affirmed the plausibility of storing superior assets with banks and forcing costs on all exchanges or withdrawals As for the occasion, once we chosen to provide our scrambled assets, the cost will proceed to witness little adjustments

[Merytis 21]

Of course it the complete depends on all country regulates. if taxed okay we comprise to pay. but the discussion at crypto is subject to transaction fees that are commonly for miners. yes, if the interaction of the panel depend on our particular country.
Its okay to sell as far as you are making profit

[Rickso 768]

On 12/22/2019 at 9:35 PM, Maxtron73 said:

Wondering what will happen after we decide to sell our crypto assets after a strong rally and we put back our money on bank account ? Who knows what taxes we will pay or if we will pay. Obviously this depends on each state that has their own laws and regulations. I live in europe and so my earnings could be taxed in a different way from another state .

what do you mean with how many taxes you will pay? this is up to you, you need to ask to your business manager how many taxes you have to pay in your country when you change your crypto to fiat currencies, we can't say that for you

[Rstunirk 151]

This is a virtuous payment, as we tin disburse a delivery of change if we sell coins at a profit. But this depends not merely on the investors of the peak price, but besides on the sell consequences of I beg your pardon? thoughtful of profit you canister get a hold if you tin stop for this price.

 

[Well Played 77]

If i get profit iwill sell this in stable coins Like USDT, DAI and other crypto currencies.  And i will wait again the dump to buy more cheap coins. 

[Epic 289]

As far as i know the transactions are not tracked or cannot be tracked, specially if you do not provide kyc, so if you do not declare it, you wont be taxed.

[kare 105]

On 2/13/2020 at 7:24 PM, Nasir khan babu said:

The German parliament permitted the opportunity of depositing digital assets with banks and implementing prices on all transfers or withdrawals
As for the occasion, after we decided to promote our encrypted belongings, the charge will retain to witness small adjustments

Yeah this is really Nice I believe that the time will come when you be able to deposits bitcoin as money in our banks and that the will usher a new era for Crypto currency and mass adoption.

[MrGeany 297]

don't worry guys about that day. becouse there will be countries who want tax you and when taxing will start we all ve notice it and will withdraw all of our coins before we get taxed.

[rekter 8129]

On 12/22/2019 at 10:35 PM, Maxtron73 said:

Wondering what will happen after we decide to sell our crypto assets after a strong rally and we put back our money on bank account ? Who knows what taxes we will pay or if we will pay. Obviously this depends on each state that has their own laws and regulations. I live in europe and so my earnings could be taxed in a different way from another state .

Good question. I am pretty sure that i am on the investigation list for not paying taxes. And yet i have used wirex visa card for cryptos. It's just a matter of time before i am getting audited.