Official CryptoCurrency Thread (Bitcoin, Litecoin, Ethereum & More)

the cool

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Yeah. I have pump faked a few times. Thinking about trying to hide it, but I listen to my girl and pay the tax each year. The problem with trying to hide it is that if we do manage to make that big money, cashing out millions would become an issue if we wanted to do it cleanly. We haven't been audited yet despite paying the taxes, but Im betting if we cash out millions and retire the IRS gonna come for us. And we just don't want to risk not having prior years be squeaky clean. It would be terrible to make that money, then lose it to them in a tax case.
The only way to cash out is on coinbase or gdax right
 

Xyrax

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The only way to cash out is on coinbase or gdax right

I have used Coinbase and Gemini once or twice. But mainly coinbase because they make it easy to print out your entire years transactions via GDAX. You can just print that and give it to your CPA.
 

Eternally Jaded

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Reppin
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I've been in crypto for close to 3 years now. My spreadsheet says my total fiat in is a little over 8300. My outbound is over 113,000 and my portfolio is still six digits. Im at the point where it doesn't matter if crypto crashed to 0 forever I would still be over 100k up. But once you reach that point, you are also 2 or 3 bullruns from deep 7 figures which could turn into retirement money, so Im still as addicted to this shyt as I was day 1.

The best thing about it is that its quiet money. We have paid off one car and replaced another and have started to chunk away at the mortgage; and we are able to do this without family begging our asses off to hold a stack here or there :beli:

Nobody knows when you sell your crypto to fiat except you and the IRS man; I can't begin to explain how much easier it is to spend extra money without nikkas begging.

You doing what everybody in the chat is working towards. But i gotta say, 3 years ago the market was vastly different. The monsters of today were tadpoles largely.
You probably got all that WTC for less than 1k in huh?

You in the chat, or nah? Curious to see what hitters you got aside from WTC
 

Xyrax

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Yup a lot of it is just from time. Im not going to lie, I have fukked up more trades than I have won. But when the market rises so hard over 3 years, you cant help but win. I was in and out of Ethereum and DASH like 4 times. If I had have just held them shyts and accumulated I would be caked :mjcry:

But when the gains get so big I have a tendency to freeze up and sell and buy something else with the profit. I didnt know there was a chat for coli. Is it discord? Im in like 4 crypto discord channels :deadmanny:
 

Xyrax

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EOS and Aeternity have officially surpassed their previous all time highs set prior to the market retraction.

Probably means market recovery is in effect and will slowly creep back to those ATH for the good projects at least over the next 4 months. Hope everyone bought as much as they could during the bear market, because the big discounts might just be over.
 

Liquid

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ZIL has been performing great the past few months. I have some pretty strict rules when it comes to this crypto shyt. Once something doubles I just take out my initial dump and move on to the next.

Lamden has done very well for me as well by dipping in slowly.
 

paperbag

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EOS has been sohh good to a brehette:blessed: thinking of selling right before the mainnet and picking it back up when it dumps, but I'm not sure:lupe:
 

paperbag

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Why do you think it will dump after the main net?
Things tend to dump after news/ events/launches, "buy the rumor, sell the news"

I think its a great project and will eventually go much higher but I would just buy in at a lower price and increase my holdings if possible. They'll be frozen at the launch of mainnet but it hasn'ts been confirmed if it will be 3 days or 30 days or more
 
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