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  1. Gazwag

    [Finance] The cryptocurrency (Bitcoin etc) thread

    In UK if you look at crypto in a wallet that is no different from shares with a stockbroker - everytime a share is disposed of a capital event occurs so a capital profit or loss is made, it matters no iota if the cash is used to purchase a new share or retained by the stockbroker and never...
  2. Gazwag

    [Finance] The cryptocurrency (Bitcoin etc) thread

    I think HMRC will find it almost impossible to work out if you have done it right or wrong so as long as you actually declare something and you are happy it looks right that's probably more than most will be doing, and its those who will be the ones that will be in trouble when they get found...
  3. Gazwag

    [Finance] The cryptocurrency (Bitcoin etc) thread

    You have to sell to get a gain
  4. Gazwag

    [Finance] The cryptocurrency (Bitcoin etc) thread

    I started using Binance but when the UK banks went all grumpy earlier in the year and stopped people putting any cash in or out I gave up with them, I might re-visit Binance again in the new year as you quite rightly say Coinbase is a bit limited.
  5. Gazwag

    [Finance] The cryptocurrency (Bitcoin etc) thread

    Sorry yes you are right, its done as a bank transfer so free, I haven't put any cash in for a few months so forgot it was free.
  6. Gazwag

    [Finance] The cryptocurrency (Bitcoin etc) thread

    you just install pro and access using the same log in and password as coinbase and its free to transfer crypto between Coinbase and Coinbase pro which is instant. You have to register your bank account on pro to put cash into your account and it costs very little to transfer cash in compared to...
  7. Gazwag

    [Finance] The cryptocurrency (Bitcoin etc) thread

    Just to suggest an add "move onto Coinbase Pro as soon as you can as you will save a massive amount in fees" As you say Coinbase on its own is good for free crypto though with its learn and earn its not much but it really helps with the learning curve.
  8. Gazwag

    [Finance] The cryptocurrency (Bitcoin etc) thread

    Hopefully you mean Coinbase pro as that has far far cheaper charges than standard Coinbase
  9. Gazwag

    [Finance] The cryptocurrency (Bitcoin etc) thread

    NFT's it mainly money laundering at the moment isn't it so yes seems right the PL getting involved
  10. Gazwag

    [Finance] The cryptocurrency (Bitcoin etc) thread

    Did you get stung for fees, use coinbase pro very cheap fees and free transfers in and out of your bank. You can transfer between Coinbase and Coinbase Pro for free
  11. Gazwag

    [Finance] The cryptocurrency (Bitcoin etc) thread

    Yes, do a goggle search and you will see how to do it. Also see how much it will cost you to transfer as it might be cheaper to convert to something else first then back again on coinbase.
  12. Gazwag

    [Finance] The cryptocurrency (Bitcoin etc) thread

    The only real difference in buying/selling on the stock market is you can only do it 8-5 M-F for UK companies you can buy and sell crypto 24/7 which I think makes buying share far less impulsive. In a lot of ways buying crypto at 2am once you have had a few drinks is no different from an acca on...
  13. Gazwag

    [Finance] The cryptocurrency (Bitcoin etc) thread

    Apparently Elon **** tweeted something - the man who has concerns over crypos energy usage yet fly tips a car into space
  14. Gazwag

    [Finance] The cryptocurrency (Bitcoin etc) thread

    You can change currency in options so its all in GBP
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