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re: Official CryptoTalk Thread

Posted on 12/16/20 at 8:50 am to
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26018 posts
Posted on 12/16/20 at 8:50 am to
Pulling out of what coin
Posted by gatorsimz
cafe risque
Member since Feb 2009
8406 posts
Posted on 12/16/20 at 9:30 am to
there's a lot of momentum right now i think it'll run up another 10-15% in total market cap (close to $700b) before the next correction.


Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82105 posts
Posted on 12/16/20 at 9:49 am to
quote:

You have to use that cointracking thing though right? I like to be able to just plug my trades straight into turbo tax through my broker.

The big exchanges provide you with a form to do the exact same thing.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82105 posts
Posted on 12/16/20 at 9:50 am to
quote:

Historically, every time we've seen that kind of confidence, we were moments away from the floor caving in

Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82105 posts
Posted on 12/16/20 at 9:51 am to
quote:

Trying to determine if I should dump some back in.

I sold at mid 19 few weeks back. Any advice.
Dont fricking sell
Posted by METAL
Member since Nov 2020
1618 posts
Posted on 12/16/20 at 9:52 am to
when do I buy? lol
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82105 posts
Posted on 12/16/20 at 9:52 am to
quote:

I’m the opposite. I’m thinking of pulling 25% out today. Moving to another coin. What though?

Do you dumbs realize that you are having to pay ~22%-28% on every single positive trade you make? Just hodl
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82105 posts
Posted on 12/16/20 at 9:53 am to
quote:

when do I buy? lol

Yesterday

Posted by METAL
Member since Nov 2020
1618 posts
Posted on 12/16/20 at 10:09 am to
March*
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26018 posts
Posted on 12/16/20 at 10:12 am to
Guys.
I have to come clean.
I bought XRP this morning


I’m sorry.
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 12/16/20 at 10:19 am to
Let’s check in on PDiddy and Zap

quote:

$0.143819 USD (-5.18%) 0.00000695 BTC (-11.26%) 0.00023050 ETH (-11.16%)




Posted by jmcwhrter
Member since Nov 2012
7780 posts
Posted on 12/16/20 at 10:30 am to
quote:

Do you dumbs realize that you are having to pay ~22%-28% on every single positive trade you make? Just hodl



This was my exact thought process 3 years ago when my balance was higher than it is now.. and I didn't want to pay the IRS so I sat there like a dope and held
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 12/16/20 at 10:34 am to
I keep getting recommended this video on YouTube of a guy saying 7 years ago or something to “buy bitcoin for $1”





F


M


L

Posted by jmcwhrter
Member since Nov 2012
7780 posts
Posted on 12/16/20 at 10:35 am to
quote:

I keep getting recommended this video on YouTube of a guy saying 7 years ago or something to “buy bitcoin for $1”


You would have sold it at $10
Posted by AMS
Member since Apr 2016
6535 posts
Posted on 12/16/20 at 10:39 am to
quote:

This was my exact thought process 3 years ago when my balance was higher than it is now.. and I didn't want to pay the IRS so I sat there like a dope and held



ive held the exact same position and im way up from my ATH. advice shouldnt be considered universal.
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26018 posts
Posted on 12/16/20 at 10:41 am to
Dude was just a troll

Pretty good one too tbh
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82105 posts
Posted on 12/16/20 at 10:59 am to
quote:

This was my exact thought process 3 years ago when my balance was higher than it is now.. and I didn't want to pay the IRS so I sat there like a dope and held

Completely different than someone wanting to jump from one coin to another, like the poster I responding to is considering.
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 12/16/20 at 11:05 am to
I don’t know what the frick to do with crypto taxes this year. I took out a big chunk from Coinbase so I need to report but I don’t think the irs is gonna want to take a deep dive of the transactions that got the amount there through a shut down Cryptopia, coinsmarket, and the other aids exchanges I used.
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26018 posts
Posted on 12/16/20 at 11:42 am to
...yea guess I’ll get audited
Posted by jmcwhrter
Member since Nov 2012
7780 posts
Posted on 12/16/20 at 11:49 am to
BTC pulls back 1% - alts pull back 5%

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