Purchasing crypto under 18?

[BudgetBarrett]

How?

 

[sarmatian]

I think as long as you have your own card you can buy any crypto and stock.

 

[icemanleonard]

How?

use parents id and buy on robinhood/coinbase then transfer to phantom

 

[King Solomon]

Id you are doing just small amounts under 1k and want to keep it off the books so there are no taxes then I recommend using gift cards. I used this method from 13 to 2019. However by 2020 I needed to buy one large amount during the crash so I went on the exchange.

I don't know if this still works but I used payout.io to buy crypto so I never registered and never provided my name, email, etc. There's no age requirement you just have to purchase a $100 gift card or up to $400 I believe. They come from various stores. You trade those cards for crypto. Now you pay a premium like 15 to 20 percent up front. But this means anonymous and tax free. Taxes on 100k plus of crypto is outrageous.

Then take the crypto and put it on your nano ledger x. There you can trade for almost any coin you want.

 

[BudgetBarrett]

Id you are doing just small amounts under 1k and want to keep it off the books so there are no taxes then I recommend using gift cards. I used this method from 13 to 2019. However by 2020 I needed to buy one large amount during the crash so I went on the exchange.

I don't know if this still works but I used payout.io to buy crypto so I never registered and never provided my name, email, etc. There's no age requirement you just have to purchase a $100 gift card or up to $400 I believe. They come from various stores. You trade those cards for crypto. Now you pay a premium like 15 to 20 percent up front. But this means anonymous and tax free. Taxes on 100k plus of crypto is outrageous.

Then take the crypto and put it on your nano ledger x. There you can trade for almost any coin you want.

Thanks. I’ll pm you once I try to get crypto again.

 

[Whatever]

I don't wanna say you're too young for crypto, it's not that, but doing it without a full time job and income means you won't have much room for mistakes, which you might need to learn. With the Solana shitcoins, I could only do it because I get paychecks every two weeks, so even though I lost it was no big deal, I'll get another chance. The money needs to be thought of like you're gambling with it so it should be a very small portion of your own money.

 

[BudgetBarrett]

I don't wanna say you're too young for crypto, it's not that, but doing it without a full time job and income means you won't have much room for mistakes, which you might need to learn. With the Solana shitcoins, I could only do it because I get paychecks every two weeks, so even though I lost it was no big deal, I'll get another chance. The money needs to be thought of like you're gambling with it so it should be a very small portion of your own money.

I just want btc so I can buy hg lol

 

[King Solomon]

I just want btc so I can buy hg lol

Yeah btc took a good dip so it's a solid buying option. It's a good safe hold but not much in return potential.

Cardano is a top 10 to 20 coin with more upward potential in the short term.

Option you could purchase btc through the method I told you about, transfer onto nano ledger x. Trade btc for cardano. Hold until October before the crash then slowly transfer into staple coins or precious metals backed coins before the crash. Then once the new bottom hits at the end of 2026 buy back into btc for long term holdings. All free and tax free. However a nano is about $150 and initial investment of $200 bare minimum. But no taxes no account or registration and unlimited free or low fee trades .

 

[Deleted member 71093]

I just want btc so I can buy hg lol

What’s HG?

 

[King Solomon]

What’s HG?

Hudl?

 

[King Solomon]

Hold

 

[BudgetBarrett]

What’s HG?

Hudl?

*gh (growth hormone). my bad