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re: Official CryptoTalk Thread
Posted on 4/23/21 at 6:18 am to jimbeam
Posted on 4/23/21 at 6:18 am to jimbeam
The frick am I suppose to do with this vtho I got for free on kucoin? Anybody actually use vet for swaps and need it for gas? Lmk
Speaking of vet, anybody worried of ibm blockchain taking over this industry? Stumbled upon it and if companies don't care about decentralization they would probably use them instead.
Nvm not even enough to withdraw because of a 200 vtho fee
Speaking of vet, anybody worried of ibm blockchain taking over this industry? Stumbled upon it and if companies don't care about decentralization they would probably use them instead.
Nvm not even enough to withdraw because of a 200 vtho fee
This post was edited on 4/23/21 at 8:45 am
0
Posted on 4/23/21 at 6:31 am to TigerTatorTots
I had to stop. Coinbase makes it too easy. "Just click this button for more btc!"
Posted on 4/23/21 at 7:06 am to Tiguar
What spooked me was what appeared to be a double top formation on BNB. It hasn’t completely Been confirmed yet but a double top on BNB would be a bad sign
Posted on 4/23/21 at 7:07 am to DownshiftAndFloorIt
Do I have to pay capital gains if I trade 10k worth of VET I’ve been holding for years to BTC?
Posted on 4/23/21 at 7:11 am to tween the hedges
Yes
Posted on 4/23/21 at 7:29 am to tween the hedges
define
quote:
have to
Posted on 4/23/21 at 7:33 am to finchmeister08
quote:
Anyone sold anything yet?
Grabbed some more ADA and Link on the dip
Posted on 4/23/21 at 7:39 am to BaddestAndvari
Grabbed some ada as well.
My new top 3 longs
BTC
BNB
ADA
My new top 3 longs
BTC
BNB
ADA
Posted on 4/23/21 at 7:39 am to BaddestAndvari
I emailed humbl about the tax implications of their block ETXs. It appears that each trade will be a taxable event. Here is their response: Hello,
Thank you for reaching out to HUMBL.
All trading is done in the exchange. No funds are held on HUMBL and no trading is done on HUMBL. All taxable events happen on their exchange. You can download your trading history on the exchange and either consult a tax professional or third-party trading software. All tax reporting is the responsibility of the individual who owns the crypto account on the exchange.
Best Regards,
HUMBL Support Team
Thank you for reaching out to HUMBL.
All trading is done in the exchange. No funds are held on HUMBL and no trading is done on HUMBL. All taxable events happen on their exchange. You can download your trading history on the exchange and either consult a tax professional or third-party trading software. All tax reporting is the responsibility of the individual who owns the crypto account on the exchange.
Best Regards,
HUMBL Support Team
Posted on 4/23/21 at 7:51 am to BaddestAndvari
Grabbed more btc eth and grabbed some vet
Posted on 4/23/21 at 7:52 am to Hulkklogan
Signed in to my CB pro account for the first time since 2018. Found $30 in eth in there :stonks: (now it's probably much lower )
Also went ahead and transferred all my BTC to blockfi for long term holding
) Also went ahead and transferred all my BTC to blockfi for long term holding
This post was edited on 4/23/21 at 7:53 am
Posted on 4/23/21 at 8:35 am to Tiguar
bnb hit my stops yesterday. I'm trying to figure out a good re entry.
Ive seen some algorithms showing a btc 40k floor. Will be an interesting week.
Ive seen some algorithms showing a btc 40k floor. Will be an interesting week.
Posted on 4/23/21 at 8:41 am to down time
I guess it really depends on your goal. I’m not really a swing trader, so I will probably wait until absolute bottom in 12 months or so and then all in on stuff
Posted on 4/23/21 at 8:53 am to Tiguar
BTC
Pivot Point 3rd Level Resistance 58,294.32
Pivot Point 2nd Level Resistance 56,861.59
Pivot Point 1st Resistance Point 54,034.15
Pivot Point 1st Support Point 49,773.98
Pivot Point 2nd Support Point 48,341.24
Pivot Point 3rd Support Point 45,513.80
Pivot Point 3rd Level Resistance 58,294.32
Pivot Point 2nd Level Resistance 56,861.59
Pivot Point 1st Resistance Point 54,034.15
Pivot Point 1st Support Point 49,773.98
Pivot Point 2nd Support Point 48,341.24
Pivot Point 3rd Support Point 45,513.80
Posted on 4/23/21 at 8:56 am to Tiguar
I’m fairly new and I’ve been holding. Thinking long term
I’ve debated on selling during the highs. Moving money to USD and then buying during the lows but I get nervous and continue to hold. I just feel like I don’t have time to get that involved or even if that’s the right thing.
I’ll just continue to hold and buy when I can
I’ll be buying more Monday.
I’ve debated on selling during the highs. Moving money to USD and then buying during the lows but I get nervous and continue to hold. I just feel like I don’t have time to get that involved or even if that’s the right thing.
I’ll just continue to hold and buy when I can
I’ll be buying more Monday.
Posted on 4/23/21 at 8:57 am to Iowa Golfer
If those are the numbers, btc already fell through the first support point this morning
Posted on 4/23/21 at 8:58 am to Crawdaddy
There’s nothing wrong with that. I just have ptsd from 2018 where I had thousands of dollars of fiat in bags if crypto worth only $1k after the crash. It took until this last bull run to get that back and finally make a profit.
I don’t like having that much fiat sitting around waiting for a bullrun, so I’m just gonna chill until stuff gets to a point I’m comfortable with reinvesting.
I don’t like having that much fiat sitting around waiting for a bullrun, so I’m just gonna chill until stuff gets to a point I’m comfortable with reinvesting.
Posted on 4/23/21 at 8:58 am to Tiguar
quote:
so I will probably wait until absolute bottom in 12 months or so and then all in on stuff
Can you explain why you think the absolute bottom will be in after 12 months?
Posted on 4/23/21 at 9:02 am to RATeamWannabe
No, I’m just guessing based off the pattern this thing has had over the years. 12 months +\- 6 months or so.
I’m open to arguments as to why this one will be different. There is way more institutional money this go around so the floor may not be as low (%from ATH-wise) and the coins may not sit at the floor for quite as long as last time.
I think btc around 40-45k seems like a reasonable re-entry point to start cost averaging at least in the short term, but I honestly don’t know. A lot more variables this time around
eta: here is a fun little chart
time to peak (TTP) was about 3.5 years 2011-2014
TTP ~3years 2014-2017
TTP end of 2017 - middle 2021? this would be 3.5 years
Time to floor in all cycles was about 1-1.5 years.
if you believe in cycles, we're pretty close to the peak for this cycle. Worth mentioning this model predicts 100k BTC before 2022 and a floor of 8k.
I’m open to arguments as to why this one will be different. There is way more institutional money this go around so the floor may not be as low (%from ATH-wise) and the coins may not sit at the floor for quite as long as last time.
I think btc around 40-45k seems like a reasonable re-entry point to start cost averaging at least in the short term, but I honestly don’t know. A lot more variables this time around
eta: here is a fun little chart
time to peak (TTP) was about 3.5 years 2011-2014
TTP ~3years 2014-2017
TTP end of 2017 - middle 2021? this would be 3.5 years
Time to floor in all cycles was about 1-1.5 years.
if you believe in cycles, we're pretty close to the peak for this cycle. Worth mentioning this model predicts 100k BTC before 2022 and a floor of 8k.
This post was edited on 4/23/21 at 9:22 am
Posted on 4/23/21 at 9:42 am to Tiguar
quote:
I’m open to arguments as to why this one will be different.
the market is still very dumb and fragile. not only from this CG tax rumor sell off but with the doge phenomena etc
so i think youre right on being patient, there would need to be a bullish catalyst to change my view (etf, fortune 500 or nation-state adoption) .
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