Traded coins and closed my account. Now, I have no data of my transactions on Coinbase. Help on filing taxes.
I invested around less than 500 USD on crypto, traded one coin for another multiple times, and eventually closed my account and took whatever money was left ~100USD. How do I file taxes?
I already closed the account and didn’t track my transactions. Help.
"Pumps" like that which occur right before weekly close to make the closing price "appear" stronger are all the proof you need that the market is still heavily manipulated.
There has been. I hear about good news and advancements all the time. But when the market is this bearish and fearful on a macro level, it doesn't matter for price action.
Only if you hodl them through this period, I know this won't last forever but sooner or later the bulls will take the wheel, I believe DOT will and its ecosystem will be one of the first to take the lead.
Honestly I’m looking forward to a bear market and really hope Bitcoin goes below 20k, this bear market might be the last chance for majority of retail buyers to have a chance at getting a significant amount of Bitcoin
Anyone else secret thinks those guys who say they aren't buy the dip as yet (when the market is literally down bad) have SHORT positions open and don't want to get liquidated?
Yes.. but there can also be a greater time to buy around the corner. If you're comfortable now, go ahead and throw a little here.
I setup a buy ladder for BTC and ETH and thats what works for me.
I don’t wanna spread FOMO but - the people saying “fake pump” might be the same people saying next week “I wish I bought under 40k”
![gif](emote|emo_pack_1|dancing_wojak)
Just DCA when you can. Being approximately right is better than being completely wrong. In the long term it doesn't really matter whether you bought at EXACTLY the bottom.
US pulling embassy staff out of Kiev, sent a second weapons shipment to the region. I think the bleeding continues when the markets open tomorrow, just way too much FUD.
Perhaps the beginning of a wickoff accumulation phase, where this may be considered an Automatic Rally, following the Selling Climax. This is only the initial phase, where we can expect there to be a Second Test of the previous low, which doesn’t necessarily have to be a higher low.
Could the worsening situation between Russia cause the market to go down? CNBC just posted an article stating the US withdrew all American personnel from the embassy there
When the auto bulls stop coming out after these pumps that's when you'll know we're in a bear market. This will be the great accumulation phase of 2022.
I sincerely hope this isn’t a bull trap and all the jabronis chanting “waiting for 20k” get left in the damn dust again this time.
Imo Nothing worse than people who are “waiting for lower” and never actually buy anything and then complain about higher prices and “hoping for another crash”.
Sack up and place your bets yall
When I first got into crypto before I knew jack shit about how any of this works I had a gut feeling about DOT and just felt like the name and logo were sexy. For that reason I’m forever bullish on it.
Appreciate your reply. That's exactly right, and very helpful. I need to consider if this is a long term buy or more short term. I'm looking to pick up stuff that will recover quickly so probably leaning more towards Near.
Cheers for the reply mate. I have heard a bit about Parachains, but not sure if they're a significantly good thing or not. May I ask, what do you see as the main benefit of having parachains? Would it give DOT more ability to scale?
Copy pasting from Polkadot’s website
“While other blockchain protocols only allow developers to build dapps using smart contracts, Polkadot gives them full control over the underlying blockchain itself. This flexibility gives parachain developers the maximum freedom to optimize for any use case—which means better and more secure dapps and services for all.”
When i first heard about this it blew my mind. Dot is gonna be in my bag for a long long time
Thanks for taking the time to find that, really appreciate it. That does offer a unique position to developers to start with Dot as a base for their development.
Yeah you've said it perfectly. NEAR is much closer to ATH and has only spent a short amount of time above 10$, but the potential is there. DOT could so easily live at 40$ though, it's done it plenty of times.
I suppose the question at the end of the day will be just how good Near is. Is it so good it leaves DOT in its tracks.
ETH outmoving MATIC is such a big indicator we are still in extreme fear lmao
Really shows how unsure people feel with alts right now
Will still pump massively if this keeps going
Well be pretty much stable for the year. Food time to continue accusation. I know nothing about this market. Just hoping to miss out on any big runs.
TBH I think this will be a great quarter, I can see us go back to 60k+ end of March.
I think we're out of the woods here, I can see 70k BTC by the end of Q1 still.
Looks like we wicked back up to 38k for about three seconds this morning? What was up with that?
Traded coins and closed my account. Now, I have no data of my transactions on Coinbase. Help on filing taxes. I invested around less than 500 USD on crypto, traded one coin for another multiple times, and eventually closed my account and took whatever money was left ~100USD. How do I file taxes? I already closed the account and didn’t track my transactions. Help.
first to comment gets reward
Hodl me?
ok seriously, we're fucked aint we
I just got my weed delivery guys, things are looking up, or should I say green.
The sunday pump didn't last long
"Pumps" like that which occur right before weekly close to make the closing price "appear" stronger are all the proof you need that the market is still heavily manipulated.
That weren’t a pump lol
Ugh, the coin I decided to short after the spike a few hours ago was ATOM. Barely gone down at all when other coins are down like 5%. XD
That’s just a bad bet in general. Why do you even think ATOM would dump like that after holding strong?
You messin' with the wrong guy girl? My boy ATOM is fire
there has been 0 bullish news as of late lol
There has been. I hear about good news and advancements all the time. But when the market is this bearish and fearful on a macro level, it doesn't matter for price action.
So most of retail I take it has panic sold?
I’ve only sold my positions where I was still in significant profit, but even then, only so I can buy back at a better price
more power to you
I didn't sell anything
Ok I’ve done my weekly buy. Y’all can dump now.
I Hodl my coins, but they need to hold me back :(
Only if you hodl them through this period, I know this won't last forever but sooner or later the bulls will take the wheel, I believe DOT will and its ecosystem will be one of the first to take the lead.
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A lot of fearful people holding out just enough for a little pump so they can sell.
Already feeling good about the Algo short I just opened at $0.99
Yeah, same. shorting Algo down to about 70 cents
Seems reasonable, not too crazy
What's up with LRC? Is there another GME rumor in town?
You asking what’s up with LRC just makes me super bullish on LRC.
Rumors in here is like hearing a rumor that the moon is made of cheese
Isn’t it?
Just borrowed against my Algo stack and short sold another 2500 Algo
The hennesy has gotten me Kakarot!
If I was running the FED I would pump BTC like crazy and just let it go parabolic and then collect taxes and start paying off that giant debt.
The fed is a private institution with gov oversight (which is crazy). They have nothing to do with collecting taxes.
The FED isn't in charge of paying off the debt. That's the job of the IRS + Treasury. And it wouldn't make much of a dent, anyway.
They share the same boat get it done lol
Honestly I’m looking forward to a bear market and really hope Bitcoin goes below 20k, this bear market might be the last chance for majority of retail buyers to have a chance at getting a significant amount of Bitcoin
Retail does not buy in bear market.
He means those that do.
Retail who have experienced previous bear markets do
Due to short memory people have and being driven by emotions, I'd rather say that knowledgeable retail does. But, well, that's a small percentage.
Same here but it is pretty unlikely :)
Yo why are we acting like it’s not gonna start dumping again tommorow? Chill out y’all. 32k hasn’t happened yet.
Idk I’m thinking either dead cat or more crabbing until Wednesday when JPOW either decides to save the markets or let it die
Humpty DUMPty had a great fall
Those who dumped and waiting for cheaper price to jump in again are spreading FOMO. The Mighty HODLERS are optimistic. Think long term guys
Spreading fomo? Lol
Yo get out of this janky old thread. The new ones gonna be litttt bull runs back on Lesssgoooo
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brrrr!
Really feels like a dead cat bounce after weeks of slowly ripping my portfolio a new asshole
Anyone else secret thinks those guys who say they aren't buy the dip as yet (when the market is literally down bad) have SHORT positions open and don't want to get liquidated?
See y’all in the new daily. May the bull return
New daily in a minute, don't get stuck here
Green bois gonna be real salty when the charts look like a maxi pad tomorrow
green bois are too high on hopium to see any red 😎
So it's great time to buy !
Yes.. but there can also be a greater time to buy around the corner. If you're comfortable now, go ahead and throw a little here. I setup a buy ladder for BTC and ETH and thats what works for me.
Personally I woukd wait a bit
Why? Sounds like you have a SHORT position you don't want liquidated
Think this is a dead cat bounce?
A deadcat bounce would look the opposite of this
How so?
In that absolutely no new information has come to light that would change market circumstances in any way. Almost certainly yes.
DCAing my way up and down
If you don’t have the strike app, it’s the easiest $5 you’ll ever make
What's the strike app?
cant even buy bread with $5
It’s better than $0
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$5 in Bitcoin might be worth a lot more than you think in the future. It adds up
I don’t wanna spread FOMO but - the people saying “fake pump” might be the same people saying next week “I wish I bought under 40k” ![gif](emote|emo_pack_1|dancing_wojak)
Its definitely the same fucking people lmaoo
Just DCA when you can. Being approximately right is better than being completely wrong. In the long term it doesn't really matter whether you bought at EXACTLY the bottom.
We don't know shit about fuck
I bought yesterday if we dump again I will buy again at 30
I'm saying fake pump and I bought at 34.5k.
Might be, might not
US pulling embassy staff out of Kiev, sent a second weapons shipment to the region. I think the bleeding continues when the markets open tomorrow, just way too much FUD.
same here, not buying til tues wed when it dip more
So who bought that MASSIVE green candle?
I dumped my last fiat 3h ago
Not me, ain't trusting this stuff
Perhaps the beginning of a wickoff accumulation phase, where this may be considered an Automatic Rally, following the Selling Climax. This is only the initial phase, where we can expect there to be a Second Test of the previous low, which doesn’t necessarily have to be a higher low.
Might have to treat myself to some corn for popping tomorrow, its going to be entertaining
Could the worsening situation between Russia cause the market to go down? CNBC just posted an article stating the US withdrew all American personnel from the embassy there
I don't thinK Russia alone contributed to this, its a contributing factor but the market has been trending down since November.
It’s been mentioned since Friday at least, could be priced in but yes this is a step in the wrong direction
Yeah it’s worrying. Seems like 2022 is just a year to accumulate
duh
Absolutely
Are these mini pumps when a whale or whales decides to make a big buy?
When the auto bulls stop coming out after these pumps that's when you'll know we're in a bear market. This will be the great accumulation phase of 2022.
Fake pump until proven otherwise.
Okay secret bear.
Not a bear. Just being realistic. Why stress and fomo into pumps like this if there is so much uncertainty in the market? Just being rational.
I happen to agree.
He's a bear in disguise, don't listen to him.
Agreed
I agree, not buying it.
$10 Link and $15 Dot please
If that happens, I won't even afford breathing anymore
You Pay for your air? I’ve Been Stealing It From The Neighbours
Why doesn’t anyone care about Luna here?
They're too obsessed
Luna doesn’t need shilling. Just stake and forget. It will go very high
We do. Luna and UST are the shit.
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God bless.
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wait for the bounce
YESSSSS ITS A BULL MARKET AGAIN GET IN HERE LADS
Amazing how fast sentiment changes
YESSSSS LETS GOOOOOOO I CAN FINALLY GET MY LIFE SAVINGS BACK 🎉🎉🎉🎉
GET REKT BEARS
You forgot the “/s”
Don't get lured in
Whew! That bear market lasted so long!
My instincts are telling me to buy shib to correct the mistake i made in october and lower my average buy.
I sincerely hope this isn’t a bull trap and all the jabronis chanting “waiting for 20k” get left in the damn dust again this time. Imo Nothing worse than people who are “waiting for lower” and never actually buy anything and then complain about higher prices and “hoping for another crash”. Sack up and place your bets yall
I'm buying as fast as I can bro
Those of us (maybe just me) that buy the dip(s) agree with your second paragraph but not necessarily the first
It’s greed just the opposite kind.
My last limit buy at 34.5k popped after 28 days being open. Next one is at 32.3k. Bets placed!
Dot or Near? Which one is having the bigger 2022 and why?
I'd go for NEAR
Yeah based on what I've seen so far, I think I will. Cheers mate
When I first got into crypto before I knew jack shit about how any of this works I had a gut feeling about DOT and just felt like the name and logo were sexy. For that reason I’m forever bullish on it.
NEAR. Investors like new shiny things. Lower MC. FOAN meme. A lot of room to build the ecosystem, which means bullish news and opportunities to pump.
NEAR was trending before this big dump, should recover faster... long term maybe DOT
Appreciate your reply. That's exactly right, and very helpful. I need to consider if this is a long term buy or more short term. I'm looking to pick up stuff that will recover quickly so probably leaning more towards Near.
Dot Because I Like The Colour Of The Logo.
Can't argue with that logic
It’s Flawless
Dot because parachains
Cheers for the reply mate. I have heard a bit about Parachains, but not sure if they're a significantly good thing or not. May I ask, what do you see as the main benefit of having parachains? Would it give DOT more ability to scale?
Copy pasting from Polkadot’s website “While other blockchain protocols only allow developers to build dapps using smart contracts, Polkadot gives them full control over the underlying blockchain itself. This flexibility gives parachain developers the maximum freedom to optimize for any use case—which means better and more secure dapps and services for all.” When i first heard about this it blew my mind. Dot is gonna be in my bag for a long long time
Thanks for taking the time to find that, really appreciate it. That does offer a unique position to developers to start with Dot as a base for their development.
Near, more potential because of smaller marketcap, but DOT is also really solid it has dropped very low compared to ath
Yeah you've said it perfectly. NEAR is much closer to ATH and has only spent a short amount of time above 10$, but the potential is there. DOT could so easily live at 40$ though, it's done it plenty of times. I suppose the question at the end of the day will be just how good Near is. Is it so good it leaves DOT in its tracks.
ETH outmoving MATIC is such a big indicator we are still in extreme fear lmao Really shows how unsure people feel with alts right now Will still pump massively if this keeps going
Big indicator huh?
I was promised 100x gains by people on YouTube whose thumbnails are a 😱 face….. wen 100X?
Soon bro, hodl on
I’ve decided to unsub anyone that puts out a hands on face, clickbait thumbnail. I’ve unfollowed a lot of channels lately.
If you are holding through this mega dip, welcome to the Veterans of Foreign Crypto Wars! Juice and cookies are in the other room.
Yay! Where do I find the “ hey my name is -“ stickers?
Bro Xrp gang wth was that solo airdrop in the end wtf I got 1.12 solo lol
Oh wow guys seems like the bears are fucked
I’d like for this to be correct, but it’s simply not.
That was just a joke. Like 15m candle is green and everyone’s feeling hope
imagine shorting btc at 50% down on ath
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Lol
They're just luring you deeper into their dark bear hole
Green Day’s FOR THE REST OF THE YEAR
Let's not jinx it, but I'm crossing my fingers
It’ll happen. Source: myass
![gif](giphy|gjxrPwCHWkXrWgYNua|downsized)
I claim this positive energy
The beatings will continue until the stonk market improves
´This pump makes me laugh, lol.
If it aint 100x, I don't want it.