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re: Official CryptoTalk Thread

Posted on 6/27/17 at 2:16 pm to
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
40968 posts
Posted on 6/27/17 at 2:16 pm to
Highly recommend you guys using cointracking.info by the way.
Posted by bpfergu
Member since Jun 2011
3485 posts
Posted on 6/27/17 at 2:27 pm to
Never even noticed that there was a thread for crypto on here.

I'm currently holding large quantities of:

Dashcoin
Dogecoin
Blackcoin
Synereo
Invested in Dcorp ICO

and have some smaller quantities of a variety of other coins.

I feel like there are still some winners in upcoming ICOs but it is becoming overwhelming trying to keep up with all of them.


Posted by Jones
Member since Oct 2005
90459 posts
Posted on 6/27/17 at 2:28 pm to
Import your data and have it go right to uncle Sam?
Posted by ithad2bme
Houston transplant from B.R.
Member since Sep 2008
3468 posts
Posted on 6/27/17 at 2:31 pm to
I taking a little more than 1% on this rally, gradually moving my stop up as it continues to run, currently would stop out at 248 and entered at 238, and I already had my 1% gain for the day before that.

edit stop at 250 now
This post was edited on 6/27/17 at 2:34 pm
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
40968 posts
Posted on 6/27/17 at 2:41 pm to
Nice.

I just invested with a couple of computer nerds to build a massive mining rig.

What a time to be alive.
Posted by TJG210
New Orleans
Member since Aug 2006
28336 posts
Posted on 6/27/17 at 3:00 pm to
Will coinbase provide a year end tax document for trading activities?
Posted by MoarKilometers
Member since Apr 2015
17891 posts
Posted on 6/27/17 at 3:03 pm to
quote:

but it is becoming overwhelming trying to keep up with all of them.

Digital currency widget at the app store... I track 16 at a time, takes up only 1 page on my phone. Different altcoins at all the larger exchanges.
Posted by bpfergu
Member since Jun 2011
3485 posts
Posted on 6/27/17 at 3:27 pm to
I was more referring to all of the new coins with upcoming ICOs. It can be hard sorted through all the bullshite to find promising coins and not just developers looking to flip a quick profit.
Posted by Carson123987
Middle Court at the Rec
Member since Jul 2011
66383 posts
Posted on 6/27/17 at 3:33 pm to
It's not gonna be worth it bc of electricity cost. Good luck finding a quality graphics card right now
Posted by dkreller
Laffy
Member since Jan 2009
30270 posts
Posted on 6/27/17 at 3:46 pm to
quote:

Highly recommend you guys using cointracking.info by the way.

I've been using that. Mr Smiths spreadsheet was getting too hard to keep up with.
This post was edited on 6/27/17 at 3:47 pm
Posted by TigeRoots
Member since Oct 2008
8505 posts
Posted on 6/27/17 at 3:49 pm to
quote:

it's not gonna be worth it bc of electricity cost. Good luck finding a quality graphics card right now


Yep. Me and my brother met today and ran numbers and didn't find it to be worth it for us to get into
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
40968 posts
Posted on 6/27/17 at 3:49 pm to
Not sure that's why I moved into cointracking

They do.
Posted by Tigerfan56
Member since May 2010
10520 posts
Posted on 6/27/17 at 3:57 pm to
Can someone explain to me how to execute (correctly) limits and stops. I'm new to this and I fricked it up earlier.

For example, if I want to sell my ETH if the price drops below $260, what would I need?
Posted by PillPusher
Gulf Coast
Member since Oct 2009
5707 posts
Posted on 6/27/17 at 4:15 pm to
So I just signed up for cointracking. Entered in all my trade CSV's from coinbase, polo, and gdax which are the three sites I've used. At the end it said I had around 72 bitcoin which is nowhere close to correct as I've never even had bitcoin. Obviously I did something wrong. Anyone have any problems like this? Should I try it again?
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
40968 posts
Posted on 6/27/17 at 4:30 pm to
Everything was to T for mine including manually entered Golem from Exodus.
Posted by slackster
Houston
Member since Mar 2009
84755 posts
Posted on 6/27/17 at 4:30 pm to
quote:

Can someone explain to me how to execute (correctly) limits and stops. I'm new to this and I fricked it up earlier


Sorry for your loss, presumably, but this cracks me up.

quote:

For example, if I want to sell my ETH if the price drops below $260, what would I need?


Not sure what options are available on which exchange, but you'd enter a stop order, or a stop-limit order. The stop price is the price when the order becomes actionable, so a $260 stop order becomes a market sell order if the price gets to $260. A stop limit order has a stop price, $260, and a limit price, usually $260 as well. If the price gets to $260, you're going to try to sell your ETH for at least l $260, but you won't accept any less than that. It is possible the price could continue to fall and you're not going to be able to sell at $260, but the order will be there trying to be filled.

A regular stop order becomes a market order once the stop is reached, so if ETH falls to $240 and never really trades at $260, you could end up selling much lower than $260.

An experienced crypto guy can add what options are feasible specific to crypto. A stop limit order probably didn't execute during the flash crash the other day, which would have been a problem is the price stayed so low, but it also kept you from liquidating for $100 by accident as well.
This post was edited on 6/27/17 at 4:35 pm
Posted by dkreller
Laffy
Member since Jan 2009
30270 posts
Posted on 6/27/17 at 4:33 pm to
That happened to me too. Make sure your currencies are correct when your CSV loads up. Check it all before submitting.
Posted by tigersnipen
Member since Dec 2006
2085 posts
Posted on 6/27/17 at 5:14 pm to
Blockfolio app is great for tracking too.
Posted by tigrbabe08
Member since Apr 2017
219 posts
Posted on 6/27/17 at 5:25 pm to

Posted by MrSmith
Member since Sep 2009
8311 posts
Posted on 6/27/17 at 5:37 pm to
Market gaining some traction right now
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