Never work a day in your life with AMPL

Imagine if you put a huge stack into AMPL, and sold the rebased # until you broke even (that's like 10 days). After that, you make passive income everyday from doing nothing. If AMPL crashes to $1, you cash out the rest and sleep easy.

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are you aware that every rebase is a taxable event?

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what are taxes fren? :)

Low IQ thread. Just buy and hold you pathetic trash.

Sell at a dollar. Wait, buy in at .5 dollars. Double your ampl stack. Watch it go back up to a dollar. Big profits on both sides.

>he is ever cashing out crypto. LOL
>not living in germany and just holding for 1 year.
ngmi.

U sure? I think its just counted as gains

Only taxable when you trade or sell

based

nope, its taxable, thats my problem with staking too.

How is a negative rebase handled, tax-wise?