Questions tagged [made money]

Lucia Thu Oct 10 2024 | 7 answers 1790

I'm curious if anyone has really profited from investing in Bitcoin. I've heard a lot about people making money in cryptocurrency, but I want to know if there are actual success stories from Bitcoin investments.

Alessandra Fri Oct 04 2024 | 0 answers 0

Certainly, let's delve into the query with a simulated questioner's tone: "I'm curious to know, has anyone actually profited from copy trading in the world of cryptocurrency and finance? It's a strategy that allows traders to mirror the trades of more experienced or successful investors, so the potential for gains seems intriguing. But have there been real-life examples of individuals or investors who have seen their portfolios grow through this method? I'm eager to learn more about the successes, if any, that have been achieved through copy trading.

Caterina Tue Aug 27 2024 | 6 answers 1020

I'm curious, who exactly has made the most money out of cryptocurrency? Are we talking about individual investors who caught the wave early on and saw their holdings skyrocket in value? Or are we looking at the founders and early adopters of some of the biggest and most successful crypto projects? And how does one even quantify such a thing, considering the volatility and constantly evolving nature of the crypto market? It would be fascinating to get a deeper understanding of who the biggest winners in this space are and how they managed to achieve such success.

Nicola Sat Mar 30 2024 | 6 answers 1220

I'm a bit curious about the tax implications of my Bitcoin investments. I've heard that the IRS is keeping tabs on crypto transactions, but I'm not sure how they actually do it. Do they monitor every transaction made on the blockchain? Or do they receive reports from exchanges or wallets? Also, if I make a profit from trading Bitcoin, how does the IRS find out about it? Do I need to declare it myself, or is there some sort of automatic reporting system? And just to clarify, if I don't report my crypto earnings, will the IRS eventually find out? What are the consequences of not disclosing my crypto income? I'm trying to be responsible and comply with tax regulations, but I also want to make sure I'm not sharing more information than necessary. Can you give me some insight into how the IRS operates in this area?