i just bought 100 dollars in bit coin stuff, now what?

[Chrizum]

sethnintendo said:

Chrizum said:

About 8k initially. A little more after I invested a part of my profits. Definitely not more than 10k in total though.

When I started investing in Ethereum, 1 ETH was worth about €10. Now it's worth €260 (after falling from over €350 in June).

Looks like it would be a good time to cash out before the next bubble pops.  Do you report your profits on your taxes?  I assume one could keep it a secret but if you use major trading sites like Coinbase I believe they might report your activities to the IRS (not sure).

In the Netherlands you don't have to report profits, just your holdings. And yes, of course I report them. I am pro taxes plus I don't want to be a criminal.

I've been slowly cashing out and will do that for the coming months. Crypto may just have changed my life in a financial sense. Could retire early if I play my cards right, travel the world, etc. I realize I am a lucky son of a bitch.