Even though it is not a 100% certain yet, the Netherlands is likely gonna tax unrealized gains for crypto, not stocks though.
I have all my btc on a cold wallet, and i will be forced to sell as it can turn ugly real quick, i just bought a house and a sudden rise to new highs followed by a quick drop, would turn my financial situation in a nightmare, lets say i have 1 btc, and it goes from 100k to 200k, i would have to pay 36 k in taxes even though i didn't sell, now lets say btc goes from 200k back to 80 k, i still need to pay those 36 k in taxes.
Right now with my mortgage i can't risk it, i want to know what you guys think, i just want to hodl and forget, so this situation just removed all the fun from crypto for me, it was basically dca and forget.
Maby i wanna buy btc on the stock market, that isn't taxed on paper gains weirdly enough, same idea but taxed differently.
I have btc on my cold wallet because i liked the idea of it being mine, buying a stock that follows btc price doesn't feel right.
Any ideas?
submitted by /u/Primary-Promotion588[link] [comments]