HOW TO TAKE PROFITS WITH BITCOIN AND ALTCOINS



In this video, I discuss the best way to take profits with your Bitcoin and Altcoin gains. Should you exit and when?

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🔴Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by CryptosRUs. CryptosRus may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.

0:00 Intro
1:26 Bitcoin Update
3:51 Profit Taking Explained
5:50 Take out Initial Investment
10:00 Sell to USD or Stablecoin
11:11 Taxes
14:32 Bigger Picture
20:21 Sponsor Zignaly
22:55 Q&A

#bitcoin #crypto #altcoins

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35 thoughts on “HOW TO TAKE PROFITS WITH BITCOIN AND ALTCOINS

  • January 14, 2022 at 9:48 am
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    Reply
  • January 14, 2022 at 9:48 am
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    How do u take profits when you DCA into positions

    Reply
  • January 14, 2022 at 9:48 am
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    The usual double taxed paid to the slave owners

    Reply
  • January 14, 2022 at 9:48 am
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    $400k-$500k by the end of the year? bro its December 14th! It is the end of the year!!!!!!!!!!!!!!!!

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  • January 14, 2022 at 9:48 am
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    Only way your getting profits right now is sell buy lower sell but lower. This cycle is a joke

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  • January 14, 2022 at 9:48 am
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    អរគុណ

    Reply
  • January 14, 2022 at 9:48 am
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    there is no irs bro u are spreading bullshit , there is only fear that they push to try to get people to pay the tax , tax is voluntary … and illegal due to US Constitution . Crypto is still decentralized

    Reply
  • January 14, 2022 at 9:48 am
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    Tax? They don't even know what's going on on decentralized exchanges

    Reply
  • January 14, 2022 at 9:48 am
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    Dont agree, crypto isnt going to 0. Why take out money when you can compound interest it.

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  • January 14, 2022 at 9:48 am
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    Don't forget to pay tax on that 100d

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  • January 14, 2022 at 9:48 am
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    what was the 3-letter-code ,??

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  • January 14, 2022 at 9:48 am
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    That presume you profit taking into something you believe in more than the asset you invested in. In this case I don't

    Reply
  • January 14, 2022 at 9:48 am
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    Breathing is also taxable. True story 🤡
    I have no idea how the taxman can identify how to keep up with taking profits as we take out money invested straigh5 into another coin, ie BTC into an Alt coin.

    Reply
  • January 14, 2022 at 9:48 am
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    Fk the govt and their illegal tax bs

    Reply
  • January 14, 2022 at 9:48 am
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    This is very informative but my real question is, is the only way to take out profits is to sell shares?

    Reply
  • January 14, 2022 at 9:48 am
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    Loved the ending! Just had a converstaion about the whales games and the market manipulation played by the whales with a co-worker! Never get rattled people, HODL!

    Reply
  • January 14, 2022 at 9:48 am
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    Soooo….umm…if i swap my tokens on pancake swap who is goin to tax me? Lol

    Reply
  • January 14, 2022 at 9:48 am
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    Lesson learned Since 2012 …
    NEVER take profit .
    ~ by Michael Saylor

    Reply
  • January 14, 2022 at 9:48 am
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    catch me if you can

    Reply
  • January 14, 2022 at 9:48 am
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    Defo not easy for the low end 😕

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  • January 14, 2022 at 9:48 am
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    That was awesome ! Thanks Big G

    Reply
  • January 14, 2022 at 9:48 am
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    The dollar is going to zero. Zero

    Reply
  • January 14, 2022 at 9:48 am
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    So, even if you convert your crypto, to another crypto, that’s a taxable event?
    Anybody know?

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  • January 14, 2022 at 9:48 am
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    Solana at $28. Nice.

    Reply
  • January 14, 2022 at 9:48 am
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    I don’t care if it drops 99% I’m gonna hold on to it

    Reply
  • January 14, 2022 at 9:48 am
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    Nice try, I know whales recommended this video from a long time ago because they’re wanting me to sell my crypto for profit but I’m telling you whales right now that I’m not going to sell my crypto portfolio!

    Reply
  • January 14, 2022 at 9:48 am
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    A constant reminder that taxation is theft.

    Reply
  • January 14, 2022 at 9:48 am
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    What do you think of AMP and COTI

    Reply
  • January 14, 2022 at 9:48 am
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    Damn.. i like this guy so MUCH!!

    Reply
  • January 14, 2022 at 9:48 am
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    I AND MY ENTIRE FAMILY ☝️LIVING A PERFECT AND COMFORTABLE LIVES EVER SINCE I MET MORE KUDOS TO YOU SIR

    Reply
  • January 14, 2022 at 9:48 am
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    I AND MY ENTIRE FAMILY ☝️LIVING A PERFECT AND COMFORTABLE LIVES EVER SINCE I MET MORE KUDOS TO YOU SIR

    Reply
  • January 14, 2022 at 9:48 am
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    ALL MY LIFE I CANT STOP 🖕TO DAMIRE I LOVE THE WAY YOU PUT A SMILE NO PEOPLE’’S FACES😮😄

    Reply
  • January 14, 2022 at 9:48 am
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    ALL MY LIFE I CANT STOP 🖕TO DAMIRE I LOVE THE WAY YOU PUT A SMILE NO PEOPLE’’S FACES😮😄

    Reply

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