A friend of mine has made about 200 million or so from crypto but he started wayyyy before it was fashionable and got out when it sky rocketed. He now owns a stately home/estate in Kent. I have a good friend who worked in crypto for years and has been made redundant. It’s fallen out of its ass now
Wish I was clever enough to understand it. Seems smoke and mirrors to me. Gave my son a few hundred for shits and giggles. Funnily enough he sent me screenshots this morning and our investment is on the up! But I’m not talking stately homes here- more like a six pack of Heineken and some crisps…
My spidey senses are tingling. Both the account which revived this long-dead thread and the one which posted the message above mine seem a bit sketchy, so tread carefully.
Yep, thought that the new member George the Third might actualy be his Cockney namesake, so there is no way I'd be clicking his links.
If you are high enough up in government inner circles, then probably. If you are Joe Public, then no, but they will feel your pain.
Provided those losses have been realised and are not just ‘paper’ losses then yes you should be able to off-set them against any gains or carry the CGT relief forward afaik.
I have avoided all taxes on my Crypto gains, cut out the middle man marketing fees and found the perfect exchange. This strategy has worked perfectly as so far no one has managed to hack my account and steal my Crypto… I just set fire to my money and flush it down the toilet, this saves me so much stress.
Lady Nasher says I have a similar way of dealing with our money. "It's a hole in the water surrounded by Fibreglass that we throw our money in to burn"
