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Recent content by luckycriminal

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    "The way to become rich is to put all your eggs in one basket and then watch that basket." - Andrew Carnegie

    That's it. I believe it varies depending industry, context, etc.: You can diversify with stocks or crypto, if you have enough money, or you can buy only BTC since it is the ''safest''. But with business or other goals trying to achive many things will burn mental capital and conecntration...
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    MBA Student & 'Entrepreneur', Happy to Discover this Forum

    Agencia Tributaria is watching. Not really, although laundromats are famous for laundering money, (event he term laundering money comes from laundromats) there's no problem with IRS if everythings on point and there's no weird numbers or transactions.
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    I need a crypto-exit plan.

    Wouldnt bother unless the Taxes are very high (40-50%) and you have a very big chunk of money. I'll rather sleep well and not bother; do it well once and if the big earnings keep happening move to another country and keep doing the activity there.
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    I need a crypto-exit plan.

    Totally. Forgot to mention, I'll writte it properly: If you've bought crypto with a KYC and send it to a wallet. They can link that wallet to you, example: bought crypto within Binance and send it to the Ledger Wallet adress. Since it is directly linked they can link both, if you tell them...
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    Question How to make it work

    I would worry more about getting clients first. If you indulge yourself on forming an LLC and getting so much paperwork and costs, without getting clients, you’ll lose money. Own 2 small businesses and after trying different things one thing that I learned was to keep costs as low as posible...
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    MBA Student & 'Entrepreneur', Happy to Discover this Forum

    Hi, I'm an MBA Student who bought a laundromat on his early 20s. Spanish. Currently saving all the money this business makes, working other jobs on spare time and putting big part of the money on Crypto Bullrun, selling before the Bearmarket. My interest with this forum has began due to...
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    I need a crypto-exit plan.

    Trade the Crypto's you own for UST, USDT crypto. Not an expert, but you are not really selling you are trading, I guess the Capital Gains are taxed when selling the cryptos for Fiat so you can hold the Stablecoins until you leave the country for tax purposes or reinvest when the market drops.