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re: Official CryptoTalk Thread
Posted on 12/20/20 at 6:28 pm to jmh5724
Posted on 12/20/20 at 6:28 pm to jmh5724
quote:Pay tax on any gain you made in USD based upon the value of the coin you trade and the one you trade into. Pretty easy to track if you don't trade a lot. Otherwise, Bitcoin.tax $30/year makes it super easy.
How do you guys handle reporting Crypto for taxes? Is it even reportable?
0
Posted on 12/20/20 at 6:34 pm to Stagliano
Im the wrong guy to ask. Im no trader. In fact, I haven't ever sold any crypto.
Posted on 12/20/20 at 6:40 pm to James11111
Just a crap shoot for me. I had some play money from a pretty solid football season. Bought 1k grt and 1k xrp just to see what itd do. The graph has been fun already obviously
Posted on 12/20/20 at 7:01 pm to Stagliano
Y’all buyin bitcoin with y’all stimulus monies? 
Posted on 12/20/20 at 8:11 pm to Stagliano
quote:
bought 500 coins of Graph because it seems like something unique.
I picked up 1k at around .50
Should I be happy with a double if I'm able to get it. Im pretty new to the riverboat crypto casino
No. The Graph network is live and getting over 300 Million queries a day. That # will continue to rise. The GRT token will likely cool down some and shake out the weak hands, Then back up to the $1.
IMO hold (and buy dips).
Posted on 12/20/20 at 11:36 pm to jimbeam
I'm looking for 10,000% gains
Posted on 12/21/20 at 5:41 am to tigermike2004
It’s December 21 today
Posted on 12/21/20 at 7:42 am to Stagliano
quote:
Just a crap shoot for me. I had some play money from a pretty solid football season. Bought 1k grt and 1k xrp just to see what itd do. The graph has been fun already obviously
That’s me, I had $380 so rolled into Bitcoin when Covid hit. It’s now $1107 and spread out amongst 4 coins pretty eventually. I have no f’n clue what I’m doing with it, just follow this board and every now and then move $50-$80 here or there.
I can’t find Graph on Coinbase or I’d sell some link for it. It’s not an available ‘coin to purchase.
This post was edited on 12/21/20 at 7:45 am
Posted on 12/21/20 at 7:46 am to supadave3
quote:
I can’t find Graph on Coinbase or I’d sell some link for it. It’s not an available ‘coin to purchase.
Its there. GRT
Tryst me. Bought some yesterday at .57, went to .74, now at .52. Lmao
This post was edited on 12/21/20 at 7:48 am
Posted on 12/21/20 at 8:16 am to Ron Cheramie
Remember to take profits at 50% rise so quick.
I forget too....
I forget too....
Posted on 12/21/20 at 9:39 am to Ron Cheramie
It’s on Coinbase but not Coinbase pro
Posted on 12/21/20 at 10:53 am to lighter345
Graph is dead, invest in Algo and earn 6%
Posted on 12/21/20 at 11:01 am to tduecen
Reddddd
Posted on 12/21/20 at 11:03 am to tduecen
Got a good many ALGO also
What’s this 6% you speaketh?
What’s this 6% you speaketh?
Posted on 12/21/20 at 11:20 am to Ron Cheramie
Coinbase gives you 6% APR on the algo you hold with them. I only know this because I did the watch a video and get like $15 in free algo on Coinbase.
Posted on 12/21/20 at 12:35 pm to tduecen
quote:
Graph is dead
Because of a down day?
This post was edited on 12/21/20 at 12:37 pm
Posted on 12/21/20 at 12:59 pm to tigermike2004
quote:
tigermike2004
Serious question. Do you get all your info from cryptobull2020 on twitter?
Posted on 12/21/20 at 1:32 pm to James11111
Just browsing r/ people either worship at the alter of xrp or LOATHE it
Was texting a good friend this morning that i never knew had bought $2k worth 2yrs ago and is down 80%. guess what camp he's in
Was texting a good friend this morning that i never knew had bought $2k worth 2yrs ago and is down 80%. guess what camp he's in
Posted on 12/21/20 at 1:38 pm to James11111
quote:
Serious question. Do you get all your info from cryptobull2020 on twitter?
I’ve asked this same question except I think he is actually cryptobull
Posted on 12/21/20 at 2:24 pm to SohCahToa
I have no idea what is going on with/in the crypto market. Every day I check my Coinbase it’s like a scratch off that I have no idea what to expect.
I’m so close to just pulling out my money and moving it into Robinhood where at least I have a rat hair of a clue what factors even play into the price. I’m way up from my original deposit which was all gambling winnings anyway.
I just feel like the second I do that, something is going to explode causing one of the going I’m in to quintuple in price.
It’s nice at least having a skin in the game.
I’m so close to just pulling out my money and moving it into Robinhood where at least I have a rat hair of a clue what factors even play into the price. I’m way up from my original deposit which was all gambling winnings anyway.
I just feel like the second I do that, something is going to explode causing one of the going I’m in to quintuple in price.
It’s nice at least having a skin in the game.
This post was edited on 12/21/20 at 2:26 pm
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