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In Bitcoin We Trust
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In Bitcoin We Trust

  #61 (permalink)
Trading Experience: Master
Platform: MT4/Ninja/TT/MultiCharts
Favorite Futures: FX / Indices
Posts: 88 since Oct 2010
Thanks: 32 given, 92 received

PrymeTyme View Post
BTC the only Buy and Hold option out there...

either zero or hero.....


still hodling...

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  #62 (permalink)
Market Chamois
Chicago, IL
Trading Experience: None
Platform: NT8,NT7,TWS,FOREX.COM app
Broker/Data: InteractiveBrokers, NinjaTrader Brokerage FOREX.COM, IQFeed
Favorite Futures: The one I'm creating in the present....ES, ZF, ZN, ZB, FX pairs
Blash's Avatar
Posts: 1,963 since Nov 2011
Thanks: 6,135 given, 3,542 received

Thought I would post this from my news feed......

10:46 (US) SEC Chairman Powell: if you lose money with cryptocurrency, there is a substantial risk that our efforts will not result in a recovery of your investment - We commend the North American Securities Administrators Association (NASAA) on their release highlighting important issues and concerns related to cryptocurrencies, initial coin offerings (ICOs) and other cryptocurrency-related investment products. - The release recognizes that cryptocurrencies, while touted as replacements for traditional currencies, lack many important characteristics of traditional currencies, including sovereign backing and responsibility, and now are being promoted more as investment opportunities than efficient mediums for exchange. Link: Related ( POLITIX BTC/USD GBTC ) - Source


It is an axiomatic fact that while you meditate you are speaking with your own spirit. In that state of mind you put certain questions to your spirit and the spirit answers: the light breaks forth and the reality is revealed.
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to
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  #63 (permalink)
Dallas, Texas
Trading Experience: Intermediate
Platform: TOS
Favorite Futures: AAPL, /ES, IWM, SPY Options
Posts: 330 since Oct 2012
Thanks: 552 given, 176 received

PrymeTyme View Post

still hodling...

Let me tell you about a poker player I know. He plays low stakes 1/2 and 1/4. Drives a 1970 Chevy luv never made an actual investment in his life but Bought 10 bitcoin back in 2013 and still holding it lol.

Volatility is good for the market and trading.

Preservation of capital is the most important concept for those who want to stay in the trading game for the long haul. - Van Tharp
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  #64 (permalink)
Pflugerville, texas
Posts: 7 since Jun 2013
Thanks: 0 given, 6 received

bitcoin trading

if you swing it, how do you keep records and report taxes on bitcoin? or do you? I am in some coins...LTC, TRX, ADA and EOS and OMG.... but scared to swing trade them and get bogged down in records of in and out and how it effects taxes....

any help?

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  #65 (permalink)
Market Wizard
Tampa FL
Trading Experience: Advanced
Platform: Sierra Charts/TOS
Broker/Data: Future Path/TDA/S5
Favorite Futures: Futures/Cryptos
CenFlo's Avatar
Posts: 625 since Apr 2016
Thanks: 789 given, 910 received

bottakemoney View Post
if you swing it, how do you keep records and report taxes on bitcoin? or do you? I am in some coins...LTC, TRX, ADA and EOS and OMG.... but scared to swing trade them and get bogged down in records of in and out and how it effects taxes....

any help?

There are several sites out there ( comes to mind) that can assist you in the year end tax process.

As a suggestion, if you've had any appreciable gains, claim them and pay the taxes. I have every year and it sucks to pay capital gains, but trust me the last thing you want to F--- with the IRS / .Gov on this.

You miss 100% of the shots you don't take. - Wayne Gretsky

Last edited by CenFlo; January 8th, 2018 at 07:59 PM. Reason: Corrected URL.
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