Posted on 10/18/2021 12:41:55 PM PDT by aMorePerfectUnion
Go to Coinbase.com and look at the tax information. They have detailed reporting and investing options. I used them for my taxes last year and will do so going forward. Tax harvesting is something Coinbase says I can recoup 17K by doing but I haven’t tried to do it yet.
You sound informed on mining!
I have 8.5 million, shoulda got more.
I have many, many million of Safemoon that I bought at .0000000something.
That's the one I am counting on.
Where do you buy it??
I bought it on Pancake Swap though. You have to buy Binance Smart Chain first. Then purchase and hold in your wallet.
I think there is a Safemoon wallet now, or maybe it is still in beta, not sure.
Sounds like we are both using the same tax program?
I do not mine, and do not know much about it. Just been an investor. Thanks for the link to Bobcatminer.
How are the States regarding mining?
Holding about 20 coins including BTC and ETH. I will not get any more coins becasue I do now want to spread myself too thin.
Many of my big bags are winners, but I do have some loser coins. Overall I am up though.
Just a shout out to the crypto list to ask if anyone else is buying/has bought SafeMoon or any other upcoming coin, where you bought it and why you decided to get it??
Something like...
32% of all Doge held by whales
44% of Shiba held by whales
12% of Safemoon held by whales.
The whales sold out of Safemoon already.
I am telling ya, lads, get yourself some and hodl.
Bump
Sorry, late to the party, but I’ve been trading OMG with some success. It’s an Asian derived crypto, which naturally follows developments in that area of the world. It’s good to diversify...
Never late! The crypto party will advance for years to come!
Saw this regarding OMG…
“ Layer-2 Ethereum scaling solution OMG Network has been acquired by Genesis Block Ventures (GBV).”
I knew OMG had possibilities. Owned 6,000 at one time and was wondering what the current driver was. I'm all in cash now (except for certain crypto in the hold)...but have a bunch of buy orders for OMG, BTC, and ETH.
I just checked my initial $20 ETH buy @ Paypay, and it's now worth $208.94 US. And that wasn't that long ago I did that - when they first got into crypto.
I'm doing about 10% per month return in trading this year. Not too bad - but not sure how long I can keep that rate going either, Lol.
We're coming up on year-end. The last thing one wants is to be stuck with a lot of paper profits and no cash with which to pay the tax collector. So, planning for year-end is a must.
youre more sophisticated about trading than i am!
im just a crypto hodler :-)
I'm still a holder of crypto I mined in the past. Even then, if I had just bought and held back then, I'd be further ahead today.
It's psychological. The biggest stumbling block is oneself. Trading allows me the freedom to spend those profits more precariously, but actually for material goods, necessities, and etc., which are actually more important to have in hand, these days, than financial assets, IMHO.
I also send a set percentage of every profit to charity and to those who need the money more than me.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.