RE: Living From Cryptocurrency In Germany? A Reality Check
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What about if you keep your crypto on the Nexo platform, earn interest, and take out the loan to cover the expenses?
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Interesting question, that might actually be viable. Taking a loan is not a taxable event, neither is repaying it. Need to read into that more, but you just might have found a way around the whole issue!
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Nexo must be something as I hear quite often about it lately. Will have to read more about it.
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You definitely should.
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