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re: Official CryptoTalk Thread

Posted on 1/24/19 at 9:42 am to
Posted by DreauxB2015
Member since Nov 2015
7726 posts
Posted on 1/24/19 at 9:42 am to
I really should of went ape shite at .19 but held back. FML. Bought more at .47. I originally got in lINK at .34. So , not doing to bad .
This post was edited on 1/24/19 at 9:43 am
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
25948 posts
Posted on 1/24/19 at 9:46 am to
Our resident TA master says more falling coming. Going to try to be patient like he said and get a bit more bang for the buck. Not a bad accumulation zone regardless.


ETA
quote:

I really should of went ape shite at .19 but held back. FML.


Yea, hindsight is a bitch
This post was edited on 1/24/19 at 9:47 am
Posted by gobuxgo5
Member since Nov 2012
10029 posts
Posted on 1/24/19 at 10:06 am to
So regarding taxes, every time I swapped a coin for another coin, I technically sold property as a short term gain? So do I report the hundreds of transactions as such?

Also the way this works (since short term losses are capped) could be:

You made $10,000 then lost $20,000

But you’d report you made $7,000 to be taxed because the cap for losses is only $3,000?

Wtf is this right?
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
25948 posts
Posted on 1/24/19 at 10:20 am to
quote:

So regarding taxes, every time I swapped a coin for another coin, I technically sold property as a short term gain? So do I report the hundreds of transactions as such?

Also the way this works (since short term losses are capped) could be:

You made $10,000 then lost $20,000

But you’d report you made $7,000 to be taxed because the cap for losses is only $3,000?

Wtf is this right?


I'm not reporting shite, I never withdrew a dime that I put in.

^^^^ This is not financial advice.
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26580 posts
Posted on 1/24/19 at 10:30 am to
No that is not right. You basically take a net of your short term gains and losses. Depending on some things you could probably declare a net $3,000 loss
Posted by DreauxB2015
Member since Nov 2015
7726 posts
Posted on 1/24/19 at 10:39 am to
quote:

I'm not reporting shite, I never withdrew a dime that I put in.




^^^^^^ Im with that guy .
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
25948 posts
Posted on 1/25/19 at 7:31 am to
now hopefully that was the link bottom
Posted by DreauxB2015
Member since Nov 2015
7726 posts
Posted on 1/25/19 at 11:02 am to
What bottom ? .47?
This post was edited on 1/25/19 at 11:03 am
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
25948 posts
Posted on 1/25/19 at 11:03 am to
.47??00ish?

I dunno. Having a hard time with the USDTvBTC pairing
Posted by DreauxB2015
Member since Nov 2015
7726 posts
Posted on 1/25/19 at 11:09 am to
its where I bought last time , hopefully you're right . Have some USDT waiting , thought Id see lower though . Boo
This post was edited on 1/25/19 at 11:10 am
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
25948 posts
Posted on 1/25/19 at 11:42 am to
quote:

Have some USDT waiting , thought Id see lower


TA guy says you will
Posted by DreauxB2015
Member since Nov 2015
7726 posts
Posted on 1/26/19 at 8:31 pm to
Looks like TA was right . How low will it go?
Posted by CE Tiger
Metairie
Member since Jan 2008
41584 posts
Posted on 1/27/19 at 12:16 pm to
Guess we retest 10000 sats. Oh well time to buy more
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
25948 posts
Posted on 1/28/19 at 7:42 am to
10850ish is the next support, I don't want to know what happens if that fails
Posted by CE Tiger
Metairie
Member since Jan 2008
41584 posts
Posted on 1/28/19 at 8:07 am to
Probably go back to 28 cent range
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
25948 posts
Posted on 1/28/19 at 8:32 am to
I mean, selfishly I would be ok with that, considering I'm in cash waiting
Posted by DreauxB2015
Member since Nov 2015
7726 posts
Posted on 1/28/19 at 8:43 am to
buy order waiting at .30 . Been moving it down all night . WTF is up with TRON ? That shite will dump sooo hard after BTT airdrop.
This post was edited on 1/28/19 at 8:48 am
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
25948 posts
Posted on 1/28/19 at 10:03 am to
quote:

WTF is up with TRON


quote:

That shite will dump sooo hard after BTT airdrop.
Find a way to short it
Posted by DreauxB2015
Member since Nov 2015
7726 posts
Posted on 1/28/19 at 10:21 am to
Fuc Tron I want it to die .
Posted by CE Tiger
Metairie
Member since Jan 2008
41584 posts
Posted on 1/28/19 at 10:57 am to
Time to buy cheap Ethereum again
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