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Nik-

So if we buy let’s say 1,000 Hbar , then

stake it into HbarX, how many HbarX we now receive? At this point is it even worth it? Will lose Hbar coins! 🤔

#cryptocurrency #english #hbar
0

11 ответов

23 просмотра
Chris-Munro

Staking is worth it the more you stake. That’s always how it goes, and if you’re afraid of a taxable event then just leave it staked for a year

0
07.05.2022
Nik- Автор вопроса
Chris Munro
Staking is worth it the more you stake. That’s alw...

Still taxed, still need required (legal) financial information. It’s just taxed at a lower rate.

0
07.05.2022
Chris-Munro
Nik
Still taxed, still need required (legal) financial...

yeah but you get taxed literally nothing for it. Maybe $100 unless the price skyrockets at the time of selling

0
07.05.2022
Jeeptopdown-
Chris Munro
Canada

Different tax laws down here.

0
07.05.2022
Chris-Munro
Jeeptopdown
Different tax laws down here.

what would be different about it though? You stake 5000 HBAR and make 5500 HBARX and the price is only maybe 20 cents per HBAR. so your capital gain would only be $100

0
07.05.2022
Jeeptopdown-
Chris Munro
what would be different about it though? You stake...

Sorry - yes, correct…if HBAR is still at 0.20 when I eventually sell. We’re sort of hoping the price will go up eventually. For me (hopefully!) staking gains will be a tiny little piece of value gain compared to price appreciation.

0
07.05.2022
Chris-Munro
Jeeptopdown
Sorry - yes, correct…if HBAR is still at 0.20 when...

Yeah but staking in my scenario would be well worth it if the price remains low and you unstake before the price skyrockets

0
07.05.2022
Nik- Автор вопроса
Chris Munro
Yeah but staking in my scenario would be well wort...

You will unstake before price skyrockets… why? To sell asap?

0
07.05.2022
Chris-Munro
Nik
You will unstake before price skyrockets… why? To ...

To not get double taxed, i could be wrong but I don’t want to risk it

0
07.05.2022

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