Zil seems to follow Bitcoin... but is outperforming it. Gonna be longing zil instead of Bitcoin for this rally
I'm pretty much all in ZIL now, seems to be outperforming everything. Wouldn't be surprised to see 10 cents EoY
Probably why I’ve constantly lost money on zil - only time I traded something other than Bitcoin is when Bitcoin is a bit meh. Already made a decent % on longing zil instead of Bitcoin
Anyone looked far into capital gains tax for long term holders? I was wondering if there is any way to utilize the capital gains allowance throughout the years inbetween purchase and sale?
I looked on the HMRC website but it appears they have a bed and breakfast rule to stop you selling and buying straight back in to take advantage of capital gains allowances like that, although it seems more like it was set up to target false losses.
I certainly dont want my money in fiat for 30 days!
Bitcoin dominance going through the roof... Very tempted to trade out of ZIL and into bitcoin temporarily and see where it settles but just know if I do I'll miss another 40% ZIL pump
Anyone looked far into capital gains tax for long term holders? I was wondering if there is any way to utilize the capital gains allowance throughout the years inbetween purchase and sale?
I looked on the HMRC website but it appears they have a bed and breakfast rule to stop you selling and buying straight back in to take advantage of capital gains allowances like that, although it seems more like it was set up to target false losses.
I certainly dont want my money in fiat for 30 days!
If you trade it regularly they see that as self employment and comes under your self assessment income tax - for long term holding it’s capital gains tax once you convert back to GBP iirc
Bitcoin dominance going through the roof... Very tempted to trade out of ZIL and into bitcoin temporarily and see where it settles but just know if I do I'll miss another 40% ZIL pump
Bitcoin dominance going through the roof... Very tempted to trade out of ZIL and into bitcoin temporarily and see where it settles but just know if I do I'll miss another 40% ZIL pump
Just opened a long on it and came here and saw your comment! Looking very tasty right now, classic all time high, dip and then accumulation to re test to moon going on.
Bitcoin dominance going through the roof... Very tempted to trade out of ZIL and into bitcoin temporarily and see where it settles but just know if I do I'll miss another 40% ZIL pump
Decision made for me, just hit my stop at 0.08
I purchased some ZIL yesterday after reading your optimism on this thread. Watch it crash now!
Comments
I meant end of this year!
Then just taking that ride up to $1.
I was wondering if there is any way to utilize the capital gains allowance throughout the years inbetween purchase and sale?
I looked on the HMRC website but it appears they have a bed and breakfast rule to stop you selling and buying straight back in to take advantage of capital gains allowances like that, although it seems more like it was set up to target false losses.
I certainly dont want my money in fiat for 30 days!
Would love a collab with these two! Even Vitalik of ETH fame has been talking up ZIL. This project is going places.