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17189983 No.17189983 [Reply] [Original]

Should I just buy the dips with fiat injections and go for that sweet 15% capital gains tax? Or try to swing my link vs. USD and plan to pay 30%? 6K stacklet here.

>> No.17190004

>>17189983
ask all the swingies from the last few days how they're doing

>> No.17190053

>>17189983
Just keep it to under 200 trades per year and coinbase won't report you to the IRS.

>> No.17190122

>>17190053
That sounds like a lie.

>> No.17190148

>>17190122
>https://help.coinbase.com/en/pro/taxes-reports-and-financial-services/taxes/1099-k-tax-forms-faq-for-coinbase-pro-prime-merchant.html

It's true unless you live in one of those 6 cucked states.

>> No.17190182
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17190182

>>17190053
>>17190148
what about binance.us?
My identity has been banned from coinbase for like four years now because of using btc to buy/sell drugs lul

>> No.17190197

>>17190148
Eh, okay. I won't argue about tax minimization. But can you address >>17190004 's point?

>> No.17190199

>>17189983
DCA because unless you really know what you're doing with trading, you're at a loss. 95% of traders never win and the 5% that do have been doing it for years

>> No.17190214

>>17190182
I was shadowbanned from cuckbase for a chargeback like 5 years ago. Fuck them. I buy linkies on Kraken. Should I switch to Binance?

>> No.17190239

It doesn’t have to be all or nothing, manage risk the way you’re willing to.

For me, it’s always been all DCA, because I jealously hoard my linkies and it is just too hard to part with them.

>> No.17190246

>>17190199
I just sold my other coins for ~6K USD realized swingtrading profits. I have a chunk of fiat to inject into the stinky one.

>> No.17190254

>>17190214
what's a chargeback? telling coinbase to refund your BTC?

>> No.17190263

>>17190254
Yeah . I was weary of their kikery

>> No.17190270

>>17190214
Kraken doesn't report anything.

>https://support.kraken.com/hc/en-us/articles/360001184966-Kraken-does-not-provide-tax-forms-or-statements

>> No.17190273

>>17190246
it sounds like you know how to trade, so why are you asking us?

>> No.17190304

>>17189983
Who's the girl?

>> No.17190314

>>17190239
>it is just too hard to part with them.
Never release the stinky one from your clutches , eh? I will say I was pleasantly shocked by the meme magic when the price shot up by a buck days after I finally bought a stack. Jesus Christ

>> No.17190370

>>17190273
I need confirmation signals.

>>17190239
Correct. That is a nuance I am learning lately. I have been laddering my buys and sells to mitigate risk. I would hate to be swindled of my stinky ones though.

>> No.17190371

cant wait til LINK is 1k, i am gonna hire this whore to brapp on my face for two hours straight

>> No.17190519
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17190519

>>17190371
Lmao. Based. What's your link accumulation strategy, good sir?

>>17190304
Belle Delphine.

>> No.17191050

>>17190519
fully allocated since Dec 2018 sirs

>> No.17191181

>>17189983
You're like 1.5 years late with that strategy.

>> No.17191189

>>17191181
So swinging is the only way now you're saying

>> No.17191257

NEVER SWING A LINK. SERIOUSLY.

>> No.17191317

>>17191189
I DCAd my stack at 0.30$ levels and I will never swing a link but I've seen obvious sell and buy opportunities, trading in germany is tax suicide tho while simply holding means you can cash out tax free. So there's that, I can see why trading some long term movements can be correct. I've called many tops and bottoms in my head but never acted on it, unironically lurk a lot and you'll get a feel for it. You'll have a kind of subconscious price picture in your head, where it should be, if it's too high or too low, I'm serious. Right now is not too high btw, it's not at google announcement euphoria.

>> No.17191388

>>17191317
Thanks for your reply. I will hodl and just keep DCAing as much as it hurts at these levels, until I can get to a 10K stack at least. What do you think is a logical top for this current wave? Do you measure in link/usd or eth/USD? I think Bitcoin has just about topped out for now and will plunge back to 8500-8800 in the coming weeks. Surely LINK would dump in response?

>> No.17191405

>>17191388
I meant link/eth

>> No.17191414

belle delphine’s british asshole is of the highest quality

>> No.17191489

>>17191388
I'm bearish on LINK/ETH or at most neutral, I don't see LINK making a lot more on the ETH pair, they will probably rise and fall approximately congruently. Against BTC LINK will retrace but BTC is in a very bullish momentum right now, so on LINK/USD we still have room to grow. I'm not a trader, I just lurk way too much so take everything with a grain of salt. But I feel like LINK only dumps hard after serious, serious strides upwards. And then the dump doesn't last long and you have to act fast, most of the time we crab afterwards and the gains are made in a couple of days every few months. Give this pump some time to get into the 3.90s and probably get rejected at 4$ to crab around this level. But I doubt we will dump a lot here. There's also always the surprise factor, a google or swift tweet is always around the corner as we saw in 2019.