That opul KuCoin fiasco you mentioned the other day was crazy. Some people mad cause they couldn’t move their tokens and others mad cause they bought at $3.
1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:
- Thread starter JordanWearinThe45
- Start date
That opul KuCoin fiasco you mentioned the other day was crazy. Some people mad cause they couldn’t move their tokens and others mad cause they bought at $3.
Yeah, I peeped that too.
I know that price will drop on KuCoin because of that, but this is another way to get some through staking. I already accumulating YLDY from staking ALGO, so it's not costing me anything to get in on this project that I still think has potential.
But you are right, them the people who bought it on KuCoin got rekt
Not sure if this was posted here. Was gonna buy tether but now I’m out.
Please do not use Tether brehs... Use another stablecoin if you absolutely must, but do NOT use Tether. USD is the safest; but you aren't going to get any interest on it. You trade interest for security. But if you have to have that % then at least use another stablecoin that's not Tether.
Got a question for you crypto experts, as I genuinely don’t know the answer to this.
When does a crypto trade become a taxable event? Is it as soon as you sell, even if you put it into a stablecoin? Or is it when you withdraw to USD/fiat currency?
When does a crypto trade become a taxable event? Is it as soon as you sell, even if you put it into a stablecoin? Or is it when you withdraw to USD/fiat currency?
funkee
All Star
every single trade/sell is a taxable event
If you're in it for the long run or aren't a trader (I'm not a trader), then staking is not a bad option. I'm very confident in the project that I stake in (although anything can happen), and I've earned about $52,480 at current price levels since January. So, over the course of a year, that's about $70,000, even after the coin I'm in being about 40-50% of it's peak in May.
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I have a good chunk of change in the market, so those numbers might not be typical returns, but earning a couple thousand in a year is very doable.
.I have a good chunk of change in the market, so those numbers might not be typical returns, but earning a couple thousand in a year is very doable.
funkee
All Star
If you're in it for the long run or aren't a trader (I'm not a trader), then staking is not a bad option. I'm very confident in the project that I stake in (although anything can happen), and I've earned about $52,480 at current price levels since January. So, over the course of a year, that's about $70,000, even after the coin I'm in being about 40-50% of it's peak in May.
I have a good chunk of change in the market, so those numbers might not be typical returns, but earning a couple thousand in a year is very doable.
you not gonna say what project this is? lol
He's mentioned ZEN before so could be that one.
Horizen (ZEN).
ReasonableMatic
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Ever since this Meek been on social media I can’t listen to son the same.
Only dudes cornier than him on there are Game and 6*xNine, that says A LOT
