Crypto

4Drago

Member
I'm absolutely crypto illiterate. Anyone have an app or something that makes a single crypto purchase easy?
 
Cash app. Buy bitcoin with your linked debit card then send the bitcoin from cash app to a wallet of your choice depending on if you use android or iPhone.

Just google open source crypto wallet
 
I'm absolutely crypto illiterate. Anyone have an app or something that makes a single crypto purchase easy?
Anyways... I would go toward cash app.

Most of the time it is KYC know your client. Not completely anonymous but they aren't really after small steroid purchasers imo.

There is a crypto section that can offer some help too. Good luck brother.
 
What’s the trick to using crypto for transactions in a way that doesn’t make a taxable event? Like can I buy and sell simultaneously so there is a no loss and no gain?
 
What’s the trick to using crypto for transactions in a way that doesn’t make a taxable event? Like can I buy and sell simultaneously so there is a no loss and no gain
Are you gaining anything from crypto? Think of it like gambling. If it doesn't go up, then it cant be taxed
 
I think it is more like stocks than gambling, where you report gains and losses and factor them into your net income, right?

To me stocks are gambling.

Idk if you ever gone to a casino.

It does the same thing lol if you have a players card.
 
Cashapp for bitcoin purchase, then send to exodus wallet. Exodus to your source. Both have an app on android and apple.
 
Anyways... I would go toward cash app.

Most of the time it is KYC know your client. Not completely anonymous but they aren't really after small steroid purchasers imo.

There is a crypto section that can offer some help too. Good luck brother.
Cashapp has always been the most reliable in my experience. After that maybe coinbase or one of the other crypto exchanges. Little bit of advice. If you invest in crypto or hold your finances in any type of coin I would highly suggest keeping a separate account to use for “illicit purchases” can’t think of anything worse than an IRS audit that turned into a fed drug case, just saying. Stay safe.
 
Cashapp has always been the most reliable in my experience. After that maybe coinbase or one of the other crypto exchanges. Little bit of advice. If you invest in crypto or hold your finances in any type of coin I would highly suggest keeping a separate account to use for “illicit purchases” can’t think of anything worse than an IRS audit that turned into a fed drug case, just saying. Stay safe.
Pay your taxes, even drug dealers. You will be g2g
 
Back
Top