I may buy some more Bitcoin Cash at the bottom of the market. The bear market may go on for another six months. I am paying a massive amount of capital gains to HMRC in the next week or two. I am probably one of the very few in the country paying tax on their bitcoin gains. I stuck out like a sore thumb with well over a million quid suddenly appearing in my bank current account, HMRC would probably have got wind of that anyway so I proactively submitted it for tax.
It should be taxed as gambling, at 0%
