Bitcoin to skyrocket in 2024
- Thread starter stinkynuts
- Start date
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Documents required to verify your identity
1) Photo of Government Issued ID
2) Selfie with your ID
- Passport or driver's license
- No health cards
- The entire ID must be visible, with no modifications or obstructions
- To see a full list of acceptable IDs, please click here and refer to table 4
- Your face clearly visible
- Holding the same ID you submitted
- Holding a piece of paper with "For Bitbuy Use Only" and today's date written on it
- Your ID must be clearly visible with nothing being blocked/obstructed
I don't really want to do that
I thought it was suppose to be anonymous
eventually all exchanges in Canada need to comply with kyc or they'll be forced out
sin and bank account ?
you need to provide govt Id ...I've never given out my sin nor bank info
You use it to buy, but you can transfer it to a secure wallet like Exodus. From there transfer to your hearts content(small fees apply) .
Documents required to verify your identity
1) Photo of Government Issued ID
2) Selfie with your ID
- Passport or driver's license
- No health cards
- The entire ID must be visible, with no modifications or obstructions
- To see a full list of acceptable IDs, please click here and refer to table 4
- Your face clearly visible
- Holding the same ID you submitted
- Holding a piece of paper with "For Bitbuy Use Only" and today's date written on it
- Your ID must be clearly visible with nothing being blocked/obstructed
I don't really want to do that
I thought it was suppose to be anonymous
Its anonymous in the sense of overseas transfers etc.
I''m on your side for making money, but be careful with the TFSA stuff, the last thing you want is CRA knocking on your door or calling you.
Do your research if you haven't to be sure you don't get screwed over.
But isn't trading stocks or anything within the TFSA a no-no? I know for stocks it was, you couldn't buy and sell and use it as a daily trader type thing.
Understanding Day Trading as a popular way to invest.
Day trading has become increasingly popular as online trading and stock-trading apps have made it easier for the average person to trade.
moneysmartmanitoba.ca
Should you buy bitcoin in your TFSA and RRSP?
We've got answers to all your burning questions about TFSAs, RRSPs, Canadian taxes and bitcoin.
money.ca
Bitcoin and other cryptocurrencies are still not fully recognized by traditional banks and brokerages as legitimate currencies. As a result, you cannot buy Bitcoin directly in registered accounts like the TFSA or RRSP. But you can buy an ETF that invests in Bitcoin in these accounts!
You can but the ETF, no problem But you can buy an ETF that invests in Bitcoin in these accounts!I''m on your side for making money, but be careful with the TFSA stuff, the last thing you want is CRA knocking on your door or calling you.
Do your research if you haven't to be sure you don't get screwed over.
But isn't trading stocks or anything within the TFSA a no-no? I know for stocks it was, you couldn't buy and sell and use it as a daily trader type thing.
" While you can buy, sell, and hold stocks within a TFSA, day trading or overly frequent trading through a TFSA may be considered a business activity by the CRA and flagged for audit. As such, you may then have to pay income tax on your trading activity, defeating the purpose of a TFSA. "Understanding Day Trading as a popular way to invest.
Day trading has become increasingly popular as online trading and stock-trading apps have made it easier for the average person to trade.
How to buy bitcoin in your TFSA & RRSPShould you buy bitcoin in your TFSA and RRSP?
We've got answers to all your burning questions about TFSAs, RRSPs, Canadian taxes and bitcoin.
Bitcoin and other cryptocurrencies are still not fully recognized by traditional banks and brokerages as legitimate currencies. As a result, you cannot buy Bitcoin directly in registered accounts like the TFSA or RRSP. But you can buy an ETF that invests in Bitcoin in these accounts!
BTCC is 100% legitimate with a long history and stellar record of authenticity and trust. Each bitcoin purchased by you in the ETF is actually bought by them and stored securely offline in cold storage.
You will have no problems buying BTCC and adding as much as you want. Daytrading only refers to buying and selling several Different stocks frequently, so there should be no issue.
This is a once in a lifetime opportunity to double, triple or quadruple your money based on a well-known and predictable cyle, tax free.
Fore more info:
Should you buy bitcoin in your TFSA and RRSP?
We've got answers to all your burning questions about TFSAs, RRSPs, Canadian taxes and bitcoin.
money.ca
Anyone who put money in when I first posted this thread would have 3 X their money now, as BTC has approached 60k. And possibly could have 7X their money soon. It's still not too late to 2-4 X your money.
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Start adding more and more, what you can afford, instead of seeing sps!
I'm excited to come back to this thread post ETF approval in Jan-March as well as post halvening.
The Bears are gone & sleeping now. This shit is too easy man 🥱🥱🥱.
the markets (stocks and esp crypto) best days occur in a short period of time ...miss those days and your return suffers greatly
Imagine betting on the right altcoin in this bullmarket, easily 100-500X. Maybe there is anohter Shiba among the 23,000 cryptos out there. Problem is that you won't be able to liquidate it in a timely fashion, if at all. If you made a billion dollars on some obscure coin, trying to pull cash it out before the crash would be impossible. There would be no buyers for that amount, and liqudiating it, even if you sold it, would be very hard.
The only other realistic alternative is Ethereum, and I believe you can also buy an ETF for it. It will probably do just as well as BTC, maybe better, but I'm sticking to what's safest.
The only other realistic alternative is Ethereum, and I believe you can also buy an ETF for it. It will probably do just as well as BTC, maybe better, but I'm sticking to what's safest.
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ETH looks attractive but is actually quite risky compared to BTC. Among many reasons, the jury is still out as to whether it will be deemed a security which will impact whether it'll be spot approved or not. By definition, given the Ethereum foundations role, it is a security in my view. That said, we'll have to wait and see. Performance wise it'll outrun BTC during the bull run but that is solely tied to BTC moving the market & not on its own accord.
Finding the small alts that will pop off & explode is basically a lottery. I might buy a very small amount of ETH but for the most part I'm going to simply enjoy the upside of BTC after all this waiting.
The only thing to be concerned about his all these hedge funds and investment companies like Black Rock now have a lot of control of the price of Bitcoin. They can manipulate the price affect the bitcoin cycle. They will be the first to pull out and take profits, so beating to them is key. It's best not be greedy, or you'lll be left holding the bag. The sudden crash is going to happen way before any retail investor thinks.
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There are no etfs in Asia now, but Hong Kong seems to be in the approval process, and all indications that it will follow the US and approve them very soon. If so, this could be huge. Massive amounts of money from China and Asia could send the price of bitcoin up. Interest rates are projected to be slashed in late 2024 and early 2025, and the halving, along with fomo, media and social media frenzy could send bitcoin to well over the $150,000 price target. If it's at $60,000 at this early of the stage, even before halving, I can see Bitcoin going well over $200,000.
www.forbes.com
news.bitcoin.com
Hong Kong Regulator Accepts First Application For A Spot Bitcoin ETF
A local financial firm is reportedly in the advanced stages of planning to launch funds in the first quarter of 2024.
www.forbes.com
Peter Brandt Raises Bitcoin Price Target to $200,000 for the Current Bull Market Cycle
Peter Brandt explained that the target for "the current bull market cycle" for bitcoin has been raised from $120,000 to $200,000.
news.bitcoin.com
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The pace at such an early stage is breathaking. This is BEFORE the halving. Can't imagine what's going to happen AFTER.
