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REMINDER: Never sell crypto. Take out loans against it. Not taxed.
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Date: January 8th, 2021 9:30 PM Author: fishy range police squad Same reason heavy-hitting Jew real estate moguls never sell. Just HODL and take out loans against it. Never pay taxes. (http://www.autoadmit.com/thread.php?thread_id=4733968&forum_id=2#41713944) |
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Date: January 8th, 2021 9:31 PM Author: Grizzly faggot firefighter Best site to take out loans? (http://www.autoadmit.com/thread.php?thread_id=4733968&forum_id=2#41713954) |
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Date: January 8th, 2021 9:37 PM Author: fishy range police squad Not a MFE on crypto loans. Never taken one out.
I just know that poasters here need to consider this option if they're thinking about being sellcucks. |
Date: January 8th, 2021 9:30 PM Author: Primrose Home Main People take out loans against crypto? what? (http://www.autoadmit.com/thread.php?thread_id=4733968&forum_id=2#41713951) |
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Date: January 8th, 2021 9:31 PM Author: fishy range police squad JFC, please tell me people are aware of this. (http://www.autoadmit.com/thread.php?thread_id=4733968&forum_id=2#41713953) |
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Date: January 8th, 2021 9:31 PM Author: fishy range police squad https://blockfi.com/crypto-loans/ (http://www.autoadmit.com/thread.php?thread_id=4733968&forum_id=2#41713956) |
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Date: January 8th, 2021 9:32 PM Author: Primrose Home Main People wow, had no idea, thsnaks (http://www.autoadmit.com/thread.php?thread_id=4733968&forum_id=2#41713960) |
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Date: January 8th, 2021 9:39 PM Author: Carmine center This is 180 ty (http://www.autoadmit.com/thread.php?thread_id=4733968&forum_id=2#41714022) |
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Date: January 8th, 2021 9:48 PM Author: fishy range police squad HOpefully I save at least one person from the evil that is sellcucking. (http://www.autoadmit.com/thread.php?thread_id=4733968&forum_id=2#41714107) |
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Date: January 8th, 2021 9:57 PM Author: Mint frum jewess I signed up but it says it might take 2 days because I used a different last name when I signed up than the one on my bank account, goddammit I really wanted to start loading up on this. (http://www.autoadmit.com/thread.php?thread_id=4733968&forum_id=2#41714168) |
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Date: January 8th, 2021 9:59 PM Author: impertinent hilarious toilet seat Fleshlight is underrated af provides a lot of 180 advice here (http://www.autoadmit.com/thread.php?thread_id=4733968&forum_id=2#41714176) |
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Date: January 8th, 2021 9:50 PM Author: Floppy headpube 👀 👀 (http://www.autoadmit.com/thread.php?thread_id=4733968&forum_id=2#41714125) |
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Date: January 8th, 2021 9:58 PM Author: Mint frum jewess 👀 (http://www.autoadmit.com/thread.php?thread_id=4733968&forum_id=2#41714169) |
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Date: January 8th, 2021 10:05 PM Author: Sooty Telephone Ok time to sell (http://www.autoadmit.com/thread.php?thread_id=4733968&forum_id=2#41714222) |
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Date: January 8th, 2021 10:37 PM Author: fishy range police squad This has been around for years. (http://www.autoadmit.com/thread.php?thread_id=4733968&forum_id=2#41714406) |
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Date: January 8th, 2021 9:32 PM Author: Razzle-dazzle hall enroll in college and use the student loans (http://www.autoadmit.com/thread.php?thread_id=4733968&forum_id=2#41713968) |
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Date: January 8th, 2021 9:36 PM Author: fishy range police squad Get out of here with that 105 IQ reddit shit. (http://www.autoadmit.com/thread.php?thread_id=4733968&forum_id=2#41714004) |
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Date: January 8th, 2021 9:37 PM Author: Razzle-dazzle hall ?? (http://www.autoadmit.com/thread.php?thread_id=4733968&forum_id=2#41714007) |
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Date: January 8th, 2021 9:58 PM Author: hairraiser pocket flask this is the kind of crazy stuff people say near peaks just fyi (http://www.autoadmit.com/thread.php?thread_id=4733968&forum_id=2#41714172) |
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Date: January 8th, 2021 10:28 PM Author: Lemon razzle shitlib institution (http://www.autoadmit.com/thread.php?thread_id=4733968&forum_id=2#41714368) |
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Date: January 8th, 2021 10:30 PM Author: Grizzly faggot firefighter :( (http://www.autoadmit.com/thread.php?thread_id=4733968&forum_id=2#41714376) |
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Date: January 8th, 2021 10:02 PM Author: Fragrant red theater Can you get non-recourse loans against Crypto?
Like if you don't pay back, all they can do is take the "collateral" |
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Date: January 8th, 2021 10:18 PM Author: blue marvelous legal warrant If you do a margin loan on stock, lender usually has the right to sell collateral if it drops below a specified threshold. That makes margin loan kind of risky if you have volatile stock serving as collateral.
Is it the same situation for crypto-collateralized loan? If so, seems like a risky move for something as volatile as crypto. |
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Date: January 8th, 2021 10:24 PM Author: rough-skinned menage incel JFC I feel bad for any idiot who actually follows this advice (http://www.autoadmit.com/thread.php?thread_id=4733968&forum_id=2#41714349) |
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Date: January 8th, 2021 10:29 PM Author: Grizzly faggot firefighter ? (http://www.autoadmit.com/thread.php?thread_id=4733968&forum_id=2#41714372) |
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Date: January 8th, 2021 10:38 PM Author: hairraiser pocket flask ? (http://www.autoadmit.com/thread.php?thread_id=4733968&forum_id=2#41714412) |
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Date: January 8th, 2021 10:38 PM Author: fishy range police squad (Guy who thinks every person who owns real estate is an idiot) (http://www.autoadmit.com/thread.php?thread_id=4733968&forum_id=2#41714415) |
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Date: January 8th, 2021 10:34 PM Author: fishy range police squad To be clear, I am NOT recommending using this in an irresponsible way.
Do not borrow to buy more crypto.
Consider it if you need the cash for something now, you have a relatively low tax basis and so would owe a lot in taxis if you sold, and you can easily afford whatever they monthly payments are.
EXAMPLE: you need to show more liquid assets to get better rates on a home mortgage and your bank won't count crypto, but you don't want to sell and pay the tax.
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