RE: Update On LEO & HIVE Power Needed Per "Rank" - Feb 17th 2021

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I used to buy my BTC there but not done that for a few months and I'm really small fry so not even getting anywhere near those thresholds and I've completely stopped my trading activity on all the exchanges. Still milling around on H-E but as none of those tokens are recognised other than WLEO, it's only when you withdraw from H-E that you need to consider anything. Reducing taxable events is something we have to adapt to in the UK!

What are you going to do regarding your HP stake? I guess if you keep it powered up then there's no need to worry!

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My stake not sure, im not interested in cashing out until it hits 5 dollars but once we break 2 or 3 dollars ill start powering it down. Im going into XMR after that. Ill pay what i owe but i'm trying to just keep everything simple as possible for now and keep below any thresholds. My Hive curation is income as far as im concerned.

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Yeah I'm probably going to be in the same boat but I'm not going to be on a mad man mission like I was in 2018. Good plan on keeping things simple, I've been reducing my KYC exchange activity to an absolute minimum - it's just the miscellaneous income that I'll be reporting once it's all powered down.

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@jphamer1 that Is a good decision and an intelligent idea from you....

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