Crypto taxes have driven many people crazy. Let me explain to you what's really going on and why these crypto influencers are losing it. 👇

1) These crypto influencers share a common pie, and the state will have a stake in this pie, which is why they're lashing out left and right like a cornered dog.
2) No one will tax you on money you haven't made a profit on. These influencers' concern is their own pockets; nobody cares about you.
3) When you transfer from cold storage to an exchange, you only pay tax on this if you made a profit. Otherwise, you show the data of where and at what price you bought those coins before transferring them to cold storage, declare it, and no one taxes you on losses.
4) Many countries around the world, including the USA, apply taxes on crypto. When this issue comes to our country, suddenly those who think about their own pockets become so-called patriots.
5) The most correct step that could be taken on behalf of the state here is to maintain this tax at a reasonable rate. If a standard tax rate like 10% is applied, everyone could be satisfied with this situation and Turkey would take a step forward in crypto matters.