there's the dip i was looking for
still higher than if you you’ve bought when you were thinking about buying :|
Wouldn't mind my portfolio dropping by 25-30% if it meant another (likely last) buying opp
Seems like a normal correction
yup
Do the crypto brokers generate a Tax doc for you or you have to do it yourself?
Do the crypto brokers generate a Tax doc for you or you have to do it yourself?
They should give you a 1099
I know Robinhood did
Do the crypto brokers generate a Tax doc for you or you have to do it yourself?
You usually have to do it yourself but each exchange makes it pretty easy, you just have to look for it
What’s good to invest in right now?
Besides Bitcoin
ETH & BAL
So guys in here that use Binance Kraken and Coinbase, the broker DOES NOT generate a TAX form for you??
yeah everything dropped 2 hours ago
it’s good for them if ETH/BTC only drop a few % like where it is rn if they start to drop a lot or rise a lot they’ll stop rising tho
Because of the market cap?
They should give you a 1099
I know Robinhood did
Yeah I know Robinhood does it’s a stock broker so it prevents us access to certain coins, 4 people in here that use CRYPTO BROKERS, do any of them generate a end of year tax form 4 you???
Because of the market cap?
yeah that's one of the factors alts can rise faster with less market cap
but if ether and btc drop or rise a lot people will panic sell their alts
Long liquidations and consolidations are healthy for a bull market
We refuel.
What’s good to invest in right now?
Besides Bitcoin
Defi coins that haven’t pumped yet
Popular Coinbase coins that haven’t reached their BTC ATHs yet
Defi coins that haven’t pumped yet
Popular Coinbase coins that haven’t reached their BTC ATHs yet
Easy now easy, I’m just now starting to get into this stuff
Easy now easy, I’m just now starting to get into this stuff
Buy Ethereum and hold it
Long liquidations and consolidations are healthy for a bull market
We refuel.
Got liquidated this morning, it’s not much but it’s honest work
Long liquidations and consolidations are healthy for a bull market
We refuel.
yup we need fuel to get to mars
Yeah I know Robinhood does it’s a stock broker so it prevents us access to certain coins, 4 people in here that use CRYPTO BROKERS, do any of them generate a end of year tax form 4 you???
No
Yeah I know Robinhood does it’s a stock broker so it prevents us access to certain coins, 4 people in here that use CRYPTO BROKERS, do any of them generate a end of year tax form 4 you???
Use Koinly
Use Koinly
@Lil_Neon_Baebows how’d koinly go
@Lil_Neon_Baebows how’d koinly go
works pretty well
it messed up some of the farming stuff and I had to manually re-enter it, took a while still have 300 more transactions to review lol
it has all the options you could want tho for doing crypto taxes without having to do any math lol
all the trades were done perfectly