Risto234
põrandaalune pokkerimängija
Loyaler
I'd imagine crypto currency is as weird (for me) as horce racing since i havent't dived into that kind of world (yet) - therefore answer to the poll (which sucks for not having OT options) is no ...
Claudiunm
Legend
Platinum Level
I have cryptocurrencies and I usually trade them on Binance. I don't have the financial conditions to take this kind of risk, but with the pandemic, I started playing Poker and I came across CardsChat that gave me the opportunity to improve my game a lot until I started to make money. As it was extra money, I invested my first 300 dollars earned from Poker in cryptocurrencies. In about 5 months this money jumped to approximately 700 dollars. However, I took this money to assemble a team in another game: Axie Infinity. And since then I've been playing this new game which is also linked to crypto to recoup the investment.
As a poker player, I think cryptocurrency is a great option, given the ease of transfer in withdrawals and deposits, in addition to the low cost of doing so. However, the player needs to understand the market if he wants to invest. If you just want to withdraw, just use a broker to convert the amounts back to dollars or another currency in your country and request the transfer. I have experience in withdrawing cryptocurrencies at ACR and I can say that it is very fast and cheap to withdraw your poker winnings this way.
As a poker player, I think cryptocurrency is a great option, given the ease of transfer in withdrawals and deposits, in addition to the low cost of doing so. However, the player needs to understand the market if he wants to invest. If you just want to withdraw, just use a broker to convert the amounts back to dollars or another currency in your country and request the transfer. I have experience in withdrawing cryptocurrencies at ACR and I can say that it is very fast and cheap to withdraw your poker winnings this way.
Claudiunm
Legend
Platinum Level
You see, this market is different from the others because it is about new technologies and still in development. Think of it this way: Technology in general is always moving forward. Therefore, as blockchain and cryptocurrencies develop, they will be increasingly essential in everyday life. In my country there is a saying: ox that arrives first, drink clean water. There's no way we can go back to paper money. Our children won't know what a bank check is. The credit card the way we use it will one day go into disuse. I think encryption is the next step. So if you have the opportunity to get acquainted with it now, all the better for you. Another saying in my country is: Better late than later! Anyone who bought bitcoin 10 years ago and didn't sell it can retire today. Who knows if those who invest in crypto today will be able to do the same in 2030. However, it is a complex market. I do not recommend investing without a good dose of study or support from those who already know the subject.
smallfrie
Lucky Ducky
Loyaler
I have just used it for poker site transactions.
fletchdad
Jammin................
Loyaler
I am partaking in the surveys, but only because I have a bit of time. I am not interested in crypto and have never been. The reason for this is, that I have no money I can "play" with. Poker is as risky as I will get.
But I guess since the questions all have an answer for people like me (not crypto buyers) that I can also partake in the survey.
But I guess since the questions all have an answer for people like me (not crypto buyers) that I can also partake in the survey.
thetaxman1
Visionary
Bronze Level
Word to the wise. Keep good Crypto records.
If you are trading Crypto these are systems of accounting. Everytransaction has a trail and the US tax law is treating each exchange of crypto as a trade. So you have to keep detailed records to calculate the tax consequence of each trade.
Creepy uncle Joe is building up the IRS for a reason, and that reason is you.
If you are trading Crypto these are systems of accounting. Everytransaction has a trail and the US tax law is treating each exchange of crypto as a trade. So you have to keep detailed records to calculate the tax consequence of each trade.
Creepy uncle Joe is building up the IRS for a reason, and that reason is you.
nba2009
Legend
Platinum Level
Natta777
Legend
Platinum Level
I collect free bitcoin, then I buy tokens at a lower price, I sell them at a higher price. Thus, I increase the accumulation of bitcoin. But until I cashed out bitcoin, free accumulation is long. And it doesn't take time at all so I use it.
C
cheeeer
Visionary
Bronze Level
That's all what you need to know.
Probably Cardschat thinks about paying in crypto.
MattRyder
🍏 Tech That Works!
Platinum Level
I was wondering if that was the reason.
Argonaut
Visionary
Platinum Level
Creepy uncle Joe is building up the IRS for a reason, and that reason is you.
This is only a concern for criminals who cheat on their taxes. For all law-abiding Americans, this is a good thing.
(Of course this would require the consent of Congress, so the notion that Biden has the power to increase agency budgets without Congressional approval is complete nonsense. The President submits a budget request to Congress, Congress then creates and approves the actual budget, then it is sent to the President who may sign it or veto it.)
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Dobbler1
Rock Star
Bronze Level
I remember my brother in law bringing up bitcoin in the early days. I think it was $650 for a bitcoin. I thought about putting a few buck into it then, but didn't. At this point I wouldn't even consider it as an investment.
