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Why Link Accounts Poloniex Daytrading Crypto Tips Reddit You might perceive the optics differently if you pull out your original investment and were just playing with profits. Buy just about everything listed on Liqui. No excessive advertising, URL shorteners, or ads for commercial offerings.
If a government thinks you are evading taxes, they have to prove it so. I've been diversifying in the same way for a couple of years, and am at 3x the amount of BTC equivalent i put in over that time. Kraken bought out the other exchange I was on, but won't let me log in, Sha Cloud Mining Hashflare Review Scam create an account with. Yet here we sit over a month later and people are still asking which exchange is better or which one they should use? Shit, they even have less auditors than last year and if you think they want to send auditors to spend hours digging thru blockchain logs lol In the late 90's when they were getting their asses kicked by congressional hearings I acknowledged Lifetime Bitcoin Mining Contract Genesis Mining Profit struggles in my letter.
Here you can discuss Ethereum news, memes, investing, trading, miscellaneous market-related subjects and other relevant technology. Please use due diligence when choosing an investment. Also is it such a good thing that when it got hacked the creator could just take it back?
Do you ONLY buy at the peak? And so each time you buy back, you buy back an amount which is slightly less than the original. I think over diversification simply for the sake of diversifying can be a very bad strategy as you begin making questionable investments, and avoid putting a high enough stake into the more clear winners.
This is called ethTrader and you just asked this copy paste on another subreddit. They do not have any sort of "crypto division". But as Spoofy suggested, the OP should hire an accountant to help work out a plan.
The price will rise leading up to a big event, but when the event arrives, even if it's good, it's time to sell. I am happy though for the OP he is a millonaire. If you are nervous about a trade, it means you have taken too much risk. And I started reading trading bots strategies which taught me a lot about the kinds of rules people "think" they can make money. Avoid low volume coins? What can a asset do differently.
I have the same issue for my 15 LTC that I tried to withdraw 25 hours ago. Of course there are good altcoins but most of them are premined shitcoins at best and scamcoins at worst.
Perhaps in November when the 2x FUD starts. I'm in this for the long haul. I mentioned in my initial reply why. It seems to break down with volume of trades at some point which leads me to question how accurate it is for. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. For example, underpayments attributable to virtual currency transactions may be subject to penalties, Why Link Accounts Poloniex Daytrading Crypto Tips Reddit as accuracy-related penalties under section If a sell order is too high to get filled, just leave it there forever.
Even over 1 million and you're still looking at a small percentage relatively. After that, I went straight to Poloniex and haven't looked. I missed out on a lot by waiting too long to dump BCC and since then I have only made things worse. If you don't have the stomach to hold for a couple of years, then please find somewhere else to invest your money.
As I learned more about them I realized that I didn't want to support what they stand. All I shoot for is to report accurately enough to demonstrate that due diligence was done on my. You have your basic functions built into ethereum you can make calls, text etc but you can also have apps with specific purposes.
So enjoy the profits, and begin trading again at higher prices. Simplifying would make sense for all parties thus it will never happen. Wtf if using VPNs don't trigger polo to red flag your account wtf does? See which segment of the market they are focusing on, what milestones are they hitting, who are the competitors, is the tech solid, how is the dev community.
Bittrex was nice, they allowed k daily withdrawals rather quick too with photo id I think it. I had times when I waited for it to go back up while my trade was down by K.
Read our FAQ to learn. It's very time consuming. Here's a ginormous post-audit tax bill that we calculated in the easiest way possible that was in line with what we would have expected you to pay. Do not beg for karma. Supply is less important than people think. Declare according to what you have calculated your net gain is. It's not always a case of "oh, just pay us what you owe us and we are all good".
When that day inevitably comes, I will hire a lawyer and the best accountant I can to try and sort out the mess. They have finally rebroadcasted my transaction. The IRS expects me to report every single transaction on a form with each interval gain and loss step reported in USD.
Now I know why shitcoins pump so much so quickly. Several of the alts combusted, but a core few with good tech kept going up. If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads. You might not have the super highs and lows of winning and losing on the alt market, but your investment will grow significantly and be reasonably hedged against risk, at least as far as crypto goes.
I haven't ever used anything close to that limit but the verification process was fairly easy so I figured why not. I used the above knowledge to my advantage when investing.
Blockchain analysis is getting better and better too. Waiting for some of these alts to rebound seems less risky than where he is likely storing his funds. Poloniex disabled ETH withdrawals briefly but have since reactivated them, despite not clearing their backlog. I'd recommend diversifying in well-established coins like Bitcoin, Monero, Ethereum, and maybe go for ones that may have a bright future.
I agree, I want to switch to Polo, but still on the fence? When everyone in this sub is talking about the moon, that's your sell signal. It's up to you to defend yourself if you think you owe.
Let this demonstrate what it. I hope you do understand Bitcoin because if not, you shouldn't invest in that. This was my thought exactly. Earning money, keeping it, and growing it are different skills.
Pay your tax like a good boy and don't worry too Satoshi Bitcoin-qt Nyse Litecoin about it. In my view the slight extra expense is well worth the ease of use. I haven't ever used anything close to that limit but the verification process was fairly easy so Cryptocurrency Rates India Dirham Coin Crypto figured why not.
Kraken is obviously a rubbish leave it alone baby Im not sure which one is worse. What they need to start doing, is their homework. Don't waiting for them to go more up, just move to next trade. In the end everyone got their money.
All flair names are capitalized, e. This is truly fucked up. Keep Discussions on Topic Idealogical posts or comments about politics are considered nonconstructive, off-topic, and will be removed.
Just a friendly notice that this is certainly not how an audit would play out. Certainly, you did not understand these altcoins, you were, as you say yourself, greedy, and the result is inevitable loss. Just want to leave this note here: Another day trading strategy is arbitrage. Mods cannot be everywhere at once so it is up to you to report rule violations when they happen. You might perceive the optics differently if you pull out your original investment and were just playing with profits.
In this way, the taxing authority will always share in the portion of your gains that represent actual USD gains, which is, historically, all they have cared about. I might also paint "The cryptocompliance delivery vehicle" on the side of the truck. If you report earnings in a certain arena, even though your'e doing it in the interest of being above-board, reporting something like gambling winnings automatically increases your audit chances.
If I ever reach that type of high amount, I would personally not want to cash out a huge bulk of it but take it out slowly as needed.
You can correct inaccurate link-flair assignments by typing "[AutoMod]" along with the flair name in a top-level comment, e. All I shoot for is to report accurately enough to demonstrate that due diligence was done on my part. Agree on the condescending zealot comment, easy tiger. Thanks for your response! Log in or sign up in seconds. Submitting links to blogs or news sites which are notorious for this activity will result in suspension or permanent ban.
Don't be that guy. I log my total trading equity at the close of every trade, and chart that number on a line graph.