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AspiringOne

u/derousse

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Can't comment on the spread or how it compares to other exchanges, but a $300 spread on $63k BTC doesn't seem too bad to me. 0.5%, is that too much?


River for zero fee DCAing (after the first purchase) and zero fee transfers out, once a month. Seedsigner for completely air-gapped cold storage.


Yeah, I'll have to do the same.



Thanks for the responses so far. More comments welcome. I'll definitely be looking into RoboSats. I wish I'd known about it before I started stacking sats. I'll also be looking into Bitcoin IRAs. So much to learn. . .


Lightning wallet and taxes
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r/BitcoinBeginners
Lightning wallet and taxes

If I create a lightning wallet and use it to send small amounts of BTC or send/receive zaps in a nostr app, how are taxes to be handled?

For example, in the Primal app, I've received some zaps into my primal wallet. If I send some of these to someone else at a later date, let's say after BTC jumps to 500K :-), am I responsible for taxes on the increased value? If so, do I need to keep track of each and every transaction?

I'm in the U.S.



First of all, I'm very happy to hear that the Holy Spirit is working through the Word and the preaching you have been hearing to bring you to faith. Praise God!

You mentioned ELCA, but I would encourage you to explore the other synodical options that are locally available to you, particularly the LCMS (yes, I am biased), as there are some very important differences.

I'd also encourage you to move forward with baptism as soon as you are ready. And once you've chosen a church congregation, meet with the Pastor about learning more about the Lutheran confessions so that you can be confirmed and start to receive Holy Communion.

I know enough that bread symbolizes the body of Christ, but that is about it.

One of the things you learn, is that in the context of Holy Communion, the bread doesn't just symbolize, it IS the body of Christ.