Hi all, sorry for rejoining this thread after I promised I finished my arguments on risks of crypto/bitcoins but I have one more query that puzzles me... When people buy fractions of bitcoins/cryptos either through exchange or directly and then they buy and sell or switch what is the EU doing in order to make sure CGT is paid like in the example of currency-transactions? In other words, while I am really worried on the psychological impact bitcoin and co is having especially on youngsters or savers with big percentage on bitcoins/crypto (all eggs into one basket) checking portfolio every few hours I also heard of people "playing deaf" to the rules of Bed and Breakfast for losses or to calculating CGT for switches of cryptos, etc... If that's the case then I feel too many people avoid paying that CGT that should be due because of a lowly regulated sector... Any reassurance is welcome...
I really hope competition between people investing in stocks (all my brokers have my PPS number and keep periodically checking it!) and people with bitcoins/crypto (do all suppliers request PPS number for example?) is relatively fair...
Thank you for reading my new post...
I really hope competition between people investing in stocks (all my brokers have my PPS number and keep periodically checking it!) and people with bitcoins/crypto (do all suppliers request PPS number for example?) is relatively fair...
Thank you for reading my new post...