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Recent content by pma995

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    Cash withdrawal on crypto in the UK

    I expect to have a lot because I invested my money during the bear market all the way until now. What goes up must come down but what goes down will always go back up and we are at the start of a bull run the likes of which we have never seen before. As other users have mentioned there are ways...
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    Cash withdrawal on crypto in the UK

    Hi, have you done this before? Would like to know more on how and steps on how to do this.
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    Cash withdrawal on crypto in the UK

    OK yes would need more advice from you and want to discuss this further via DM
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    Cash withdrawal on crypto in the UK

    Hi, yes thank you, happy to go through this in dm's.
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    Cash withdrawal on crypto in the UK

    My problem is that I am a beginner have read a few things on otc so I have an idea but I don't know the steps to do that.
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    Cash withdrawal on crypto in the UK

    Yes I am starting to see why, do you think what I want to do is possible?
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    Cash withdrawal on crypto in the UK

    Investing no trading - I have been investing for the past 2 years but I would just take a portion of my wages every month and put these funds into crypto but because I have been doing it for a while it has added up. I have not cashed out yet though.
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    Cash withdrawal on crypto in the UK

    No no no please help me with this. I do not plan on leaving the country in any way I want to stay in the UK. You can't get rugged on a shitcoin if you know what you are doing so that would've never happened to me. Crypto is the easiest way to make money you just need to be able to handle the...
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    Cash withdrawal on crypto in the UK

    Imagine you invested say £50k into cryptocurrency in one year and you made profit of £20m. You would have to pay 24% CGT on £19,950,000 for that year which is £4,788,000. You are still left with £15.2m so even after tax your profit is insane and you can do a lot with that money so I would have...
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    Cash withdrawal on crypto in the UK

    Normal way to cash out crypto, send crypto from hardware wallet to exchange > swap to fiat > send to bank account. I live in the UK and only have UK citizenship/tax residency in the UK so obvs will have to pay 24% CGT on any of the gains. Is there a process for me cash out my crypto in a...