Depends on the amount. If it’s over a R100k sure else I’d just stick to VALR or Luno.
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Bitcoin Thread 2 Satoshi
- Thread starter backstreetboy
- Start date
would likely echo this wouldnt waste my time for sub 100k amounts
NarrowBandFtw
Honorary Master
oh good, we're back to the usual "make up any old BS to explain crypto prices" game ...
believe it or not today's dip has nothing to do with ByBit's mega-loss, but rather Trump's potential tariffs on Europe
because as we all know: a liquid, permissionless, tradable 24/7 asset that answers to no government cares so much about country X threatening country Y ...
www.coindesk.com
believe it or not today's dip has nothing to do with ByBit's mega-loss, but rather Trump's potential tariffs on Europe
because as we all know: a liquid, permissionless, tradable 24/7 asset that answers to no government cares so much about country X threatening country Y ...
Bitcoin (BTC), Broader Market Dips After Trump Plans to Put 25% Tariff on E.U.
Bitcoin and S&P 500 both fell to their session low after Trump talked about tariffs at his first cabinet meeting on Wednesday.
NarrowBandFtw
Honorary Master
noice, we've reached a point in time where the difference between a bull market and a bear market is just 5 hours 
cointelegraph.com
‘National emergency’ as Trump’s tariffs dent crypto prices
US President Donald Trump's declaration of a national emergency and sweeping tariffs sent the crypto and stock markets downward as traders reacted to the news.
cointelegraph.com
NarrowBandFtw
Honorary Master
so ... who's buying this tariff dip and when are you doing it? 
NarrowBandFtw
Honorary Master
selfish bastids not helping us spot the bottom I see! ... in any event, Grok3 did a thing, what do you think?so ... who's buying this tariff dip and when are you doing it?
PS: this is not financial advice and I'm no "finfluencer"!
basically asked it to help construct something similar to https://www.coinglass.com/bull-market-peak-signals but with the intent to spot the bottom of a correction, of course assuming it is a correction in what remains a bull market
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Fulcrum29
Honorary Master
I am only curious whether there will be an altcoin season this time around. The last one didn't really come with the BTC pump.
#notAPumpnDump...
just fyi every purchase like this triggers a taxable event dont let buying stuff like this mess up CGT vs income tax long term holds
SARS is not going to care about the can of coke you purchased with a few satoshi.
https://www.bitrefill.com/ works great.
its the argument of "HODL" that falls flat if you start using it to buy a few cans of coke. Dont let a few cokes shift it from CGT to income tax...
L-Dog
Executive Member
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Thanks yeah have differnt accounts, the one I use for Hodl i never touch so its easy to proce GCT. Happy yo pay income tax on rest as there was a lot of trading and want to take some profit and buy a few items of amazon us
um... sars might take a different view to yours. Just cause they different accounts doesnt mean you will have CGT on one and income tax on the other.
For example if you bought BTC 2012 and held 5 for 13 years but you also trade frequently over this period its very unlikely that the 5 you held would be seen as CGT.
if this is anything of real value would be best to check
L-Dog
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Yeah might be true but it always comes down to intension. I am holding BTC and ETH in a sepperate account but buying and trading with many other coins on a different account. I guess it would be up to me to prove my intensions with sars but who does one check with Sars or your tax expert ?
spot on intention is the key word here. you would check ahead of time with your tax person