Questions: have you ever cashed out a quite substantial (meaning life changing after paid taxes) amount of money to fiat ? Or do you spend it monthly from your savings using tools like prepaid cards ?

The only time I really spent some crypto was with a bitsa card as an experiment but it was just a couple of flight tickets worth.

  • lovesickoyster
    link
    fedilink
    arrow-up
    2
    ·
    edit-2
    1 year ago

    I have cashed out several times during the last years - you gotta live your life a little.

    • Luca Sironi@feddit.itOP
      link
      fedilink
      arrow-up
      1
      ·
      1 year ago

      i guess when my savings will reach a life-changing money i will have to go to process of selling those to an exchange, have them credit on a bank account and ringing all the fiscal police alerts and checking with a tax consultant. Just curious if someone already did that. Don’t think it’s worth enough for now, to go multiple time through that hassle.