Bitcoin

[JPCain86]

Just beware of the Hard Fork taking place on the 16th of Nov


Sent from my iPhone using Tapatalk

No hard fork on the 16th Nov. It has been cancelled. At least for now.

[Kingstepper]

Can trading be considered self-employment so that profits are taxed as income not capital gains?

[amnesia]

BTC is nearing $11k...

wish I'd bought some more when they were at £100

[bambam]

BTC is nearing $11k...

wish I'd bought some more when they were at £100

Can only dream of £100 price! Still, you live and learn...

[bambam]

Hi

Now that I have my Ledger Nano S, can anyone who has set one up before help me with some advice?

I'm comfortable setting it with the pass phrases etc.

My question is - once I've done all that, how do I get my coins onto it (or the wallets it supports) from somewhere like Coinbase?

Presume that once I've loaded the wallet up, I will no longer be able to see them in the Coinbase accounts?

If I then want to sell, do I send them to myself at my Coinbase account and go from there?

Thanks. Just want to make sure I get it right!

[Hewjardon]

Hi

Now that I have my Ledger Nano S, can anyone who has set one up before help me with some advice?

I'm comfortable setting it with the pass phrases etc.

My question is - once I've done all that, how do I get my coins onto it (or the wallets it supports) from somewhere like Coinbase?

Presume that once I've loaded the wallet up, I will no longer be able to see them in the Coinbase accounts?

If I then want to sell, do I send them to myself at my Coinbase account and go from there?

Thanks. Just want to make sure I get it right!

Open ledger the wallet

Click on 'receive' (top left of screen)

Copy the alpha numeric sequence (your wallet receiving address)

Paste the 'receive' address into the 'send' or 'deposit' window on your exchange.

Double check the 'receive' address is 100% accurate.

You can now send the funds to your ledger wallet.

Send a nominal amount first, get the hang of the process, then move larger sum/s.

[bambam]

Open ledger the wallet

Click on 'receive' (top left of screen)

Copy the alpha numeric sequence (your wallet receiving address)

Paste the 'receive' address into the 'send' or 'deposit' window on your exchange.

Double check the 'receive' address is 100% accurate.

You can now send the funds to your ledger wallet.

Send a nominal amount first, get the hang of the process, then move larger sum/s.

Thank You!!

Once coins are held in the wallet, is there a good way to keep track of the value (without having to actually calculate it)?

[Hewjardon]

Can trading be considered self-employment so that profits are taxed as income not capital gains?

Possibly, assuming HMRC treat crypto trading as they do currency trading (no CGT liability but profits treated as income if you are considered to be trading).
I suspect HMRC would treat crypto as an.asset, like gold, rather than a currency.