u/OggdoBogdos

▲ 2 r/btc+1 crossposts

question about crypto taxes

Hello all

In short, I'm bipolar, and during an episode last month I got really fixated on crypto, and I spent all my savings on Bitcoin even though I know jack shit about it. Is there a way out, or am I one of you now?

I have it all in a cold wallet, so it is mine, but would I be able to sell approximately the original USD amount I purchased without paying taxes even if BTC as a whole has increased in value since then? Example: If I buy 50k, which turns to 55k, would I then be able to sell a portion of BTC to regain the 50k back in USD without paying capital gains while still having the "gained" 5k in my wallet? I know this is a pro BTC sub, so you'll probably say keep it there, but I'd still like to see my options.

reddit.com
u/OggdoBogdos — 1 day ago
▲ 1 r/canon

upgrade or just get better lens?

So, I've been rocking the R10 + RF100-400 for a good while and have been thinking of upgrading to the R7 and RF100-500. My primary use is wildlife photography, specifically birds. My first question is, is it even worth switching to the R7, or should I just focus on getting the RF100-500? How does the R7/100-500 combo fare compared to the R10/100-500?

reddit.com
u/OggdoBogdos — 7 days ago