Cmbarce
@cmbarce
If you go from investor to degen trader, consider the tax consequences. In Canada, this means that any type of gain will be treated as income not ‘capital gains’ - tax bill could be higher. Anything you buy with ETH or BTC is a taxable event. Consider borrowing against them instead.
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Louis Dazy
@louisdazy
I thought Canada had a flat tax on crypto!
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Cmbarce
@cmbarce
Not if it’s income
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