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/biz/ - Business & Finance


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File: 9 KB, 245x206, greeny.jpg [View same] [iqdb] [saucenao] [google]
7719357 No.7719357 [Reply] [Original]

>using macd + stochRSI on 1hr
>buying when rsi drops below 20 and macd lines converge
>sell at 5-10% profit
>repeat endlessly

who else has some cheat codes to share?

>> No.7719377

>>7719357
have fun paying ur taxes! AHHAHAHA

>> No.7719410

>>7719357
How often do your indicators turn against you? How long have you been doing this for? In absolute $ terms how much are you playing with here?

>> No.7719422

Wouldn't the tax amount be the same since the gains are fundamentally the same, just more transactions?

>> No.7719504

>>7719377
something something monero, there's going to be ways around this in the future.
>>7719410
my RSI only fails me when a bad event happens to the coin im trying, ie nano bitgrail event, I bought when it was underbought and got dumped on.
I've been daytrading since binance came out so since last summer, started with a couple hundred but now I trade 5k on a minimum swing trade.

>> No.7719529
File: 12 KB, 430x320, IMG-20180215-WA0006.jpg [View same] [iqdb] [saucenao] [google]
7719529

>>7719504
Really? Fuck i have to try this. Is that profitable? Like scalping?

>> No.7719543

>>7719422
Each transaction is taxed separtely, with no regard to each other transaction, only calculating the CG on each trade. Even if you are in the negative overall for the year (reporting a loss), you are taxed for CG just trying to break even.

>> No.7719555

>>7719377

Not everyone is an Amerifat. And taxes are based on a percentage of profits - you have no reason to ever lose money.

>> No.7719582

>>7719357

This is literally my bot. Coupled with good position sizing, it's fuck cheat mode.

>> No.7719615

>>7719582
wow, you have a bot that does this for you? This is literally my job hahah, I might have to look around for a good quality bot like that.

>> No.7719621

>>7719582
what bot do you use

>> No.7719625
File: 23 KB, 319x398, macdbinance.jpg [View same] [iqdb] [saucenao] [google]
7719625

OP WHAT INPUTS ARE YOU USING???!?!?!??!!?!?!?!?!?

>> No.7719640

>>7719377
>be me, not a brainlet like you sub 10 IQ retarded ass
>spend 10 minutes writing a script that calculates my tax on over 50K+ trade in 2017

>>7719543
False. Amount of retarded faggots who think they know how taxes work is incredible

>> No.7719647
File: 24 KB, 946x121, macd.jpg [View same] [iqdb] [saucenao] [google]
7719647

>>7719625
THAT'S MA NOT MACD

THIS IS MACD

>> No.7719661

>>7719543
But you write of your losses? And pay on your gains, doesnt make sense that yoi could lose money and pay taxes, tou meed a better accountant friend. Or, hold, make big boy money, and pay 15% long term capital gains.

>> No.7719670

>>7719357
>>7719625
>>7719647
>>7719647

>> No.7719672

>>7719625
That's moving average homie, use StochRSI and MACD combined.
>>7719555
checked

>> No.7719673

>>7719543
No

>> No.7719691
File: 22 KB, 284x361, macdbinance2.jpg [View same] [iqdb] [saucenao] [google]
7719691

>>7719672
this is what I meant to upload. What inputs do you use for macd?

>> No.7719706

>>7719357
I've spent some time building my own bot for trading in Binance that just takes the inputs and variables that would go with how I do TA.

End of November, I added functionality to do trades when a team makes an announcement on telegram, which brings quick and large gains.

I only trade with my choice of personal comfy coins that I hold long term, no shit coin that most brainlets on this board hold.

>> No.7719708

>>7719647
>doesnt see that there are 2 moving averages
get your minimum wage paws off the board

>> No.7719736

>>7719543
Right. If I make $100 on one transaction, I pay capital gains on that, but if I lose $100 on another transaction I end up paying $0 capital gains. Whether or not they are tax separately, they net each other out. Is this not how it works because this is exactly how I understand that it works.

>> No.7719742
File: 20 KB, 284x365, rsi.jpg [View same] [iqdb] [saucenao] [google]
7719742

>>7719672
and what values for rsi

>> No.7719747

>>7719615
I'm a programmer, I can build something for both of us, you tell me what the bot should do and I implement it and provide access for both of us. Hit me up: vapouria@protonmail.com.

>> No.7719758

>>7719661
Dude definitely isn't an accountant (I'm a CPA - but working in tech now). Dumbass is just trying to figure out taxes with his uneducated brain even though IRS (or CRA) have been very clear to taxpayers.

IMO not worth correcting these retards, they're the ones we dump bags on

>> No.7719774

>>7719377
Yeah, because paying 35% tax on 100K profits is so much worse than paying 20% tax on 30K profits. Traders BTFO!

>> No.7719779
File: 7 KB, 252x200, images?q=tbn:ANd9GcTDkTQwV16aaalX1RBwoyLkeb6p2FudKDDpLJVDRc68cEbyIuf1.png [View same] [iqdb] [saucenao] [google]
7719779

>>7719377
t.

>> No.7719782 [DELETED] 
File: 219 KB, 1981x1077, 483E6060-1471-4E74-B9B0-1870763E2867.jpg [View same] [iqdb] [saucenao] [google]
7719782

>>7719621
This.
https://satoshibox.com/z8hggvejve7eppf8ymjzy4ik

>> No.7719789

What values are you using for rsi and macd

t.brainlet

>> No.7719791

>>7719357
>Buy actual good coins (preferably during a "dip").
>Wait 6 months.

>> No.7719810

>>7719621
Wrote my own. None of the ones I saw did what I wanted (I also track sentiment data from a few platforms, have algos to figure out long term holds).

I used Python and Backtrader. Took a couple months of fiddling with it part time, then chucked it on AWS. Good times anon.

>> No.7719811

Where can I buy COSS?

>> No.7719813

>>7719782
DELET THIS

can’t let the normies have this

>> No.7719826

OP PLEASE HELP US. WHAT VALUES ARE YOU USING

>> No.7719831

>>7719615
Made my own anon!

>> No.7719842

>>7719672
>>7719789

>> No.7719853
File: 203 KB, 349x491, 1517958108744.png [View same] [iqdb] [saucenao] [google]
7719853

Lol @ no one wanting to upload any bot for us /biz/bros

>> No.7719863

>>7719706
Same. As in....that's pretty much identical to mine. Kek

>> No.7719866

>>7719782
well worth it IMO. I made my own but it was too buggy

>> No.7719871

>>7719810
How much?

>> No.7719886

>>7719853
if you use any bot that doesnt have thousands of public reviews/scrutiny you're just asking to have your entire computer and financials compromised

>> No.7719891

>>7719853
Nope. A bot is each coders secret weapon. A magic spell to bring endless gains. Build it yourself.

>> No.7719892

TELL ME YOUR VALUES REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

>> No.7719936

>>7719377
>He thinks exchanges like binance are currently reporting 1099s to the IRS

Get a load of this brainlet

>> No.7719937

>>7719871

Kek, I don't need your money anon. I have a machine that prints it for me - why share?

No, learn to code. Make it yourself. That's how this works - it's the rite of passage you need to pass. There's enough suggestions in this thread alone to nail it.

>> No.7719945

>>7719782
>https://satoshibox.com/z8hggvejve7eppf8ymjzy4ik

cheaper:
https://satoshibox.com/grgajakwetqkjzr4pajftfsp

>> No.7719946
File: 9 KB, 225x225, download.jpg [View same] [iqdb] [saucenao] [google]
7719946

>>7719357
>I'm using rsi and macd at values I wont tell you cause I'm a faggot

FUCK YOU OP

>> No.7719995

>>7719891
Well, I dont know how to code. If you dont want to share fine but you could at least give us hints on how to win without bot

>> No.7720008

This is a huge scam guys, biz is full of this bullshit

>> No.7720024

OP IS A LARPING RETARD WHO WONT POST VALUES

FUCK YOU OP I'M DEDICATING MY COSMIC ENERGY FOR YOU TO LOSE ALL OF YOUR GAINS. THIS CAN ONLY BE UNDONE IF YOU POST CORRECT VALUES WITHIN 10 MINUTES

P.S I CAUSED THE BITGRAIL NANO DEATH DUMP

>> No.7720056

Why do I come here when it’s full of fuckhead scammers and shills? Oh yeah the wojaks and memes...

>> No.7720072
File: 1.04 MB, 1265x685, 85284F21-8141-482E-8A61-8A27C05C38A1.png [View same] [iqdb] [saucenao] [google]
7720072

>>7719782
Legit, picked up XMR just in time

>> No.7720107

>anons calling cheatcode indicators scams
some of the bots might be scams but scalping with indicators is hilariously easy, and it makes people jealous when you do it cause it's so obvious.

& values dont matter, thats why they're preset indicators brainlet, they set everything for you. just stick to the 1 hr chart and you shouldnt get too fucked.

>> No.7720108

>>7719936
>>He thinks exchanges like binance are currently reporting 1099s to the IRS

>Get a load of this brainlet

Seems like there is a downside to being a citizen of the world police. My stupid country got ass raped in 1945 and hasn't recovered since. Weak state best state. I issued invoices when back then when I was still a student but never reported a single dime and tax office found out jackshit. None of these twats will ever know what happened in Hongkong.

>> No.7720115

>>7719946
>when rsi drops below 20 and macd lines converge
>not specific values

fucking retards i swear

>> No.7720118

>>7719758
You mention CRA, Canadian? Any difference for us?

>> No.7720132

>>7719853
>Running software from an anonymous imageboard when you are too brainlet to write one yourself
This is how you get a coinhive monero miner or ransomware running on your system

>> No.7720149
File: 54 KB, 439x439, 010.jpg [View same] [iqdb] [saucenao] [google]
7720149

>>7720072
>>7719945
>>7719866
>>7719782
Literally pajeet samefagging behind a proxy. This is not your oriental bazaar, street shitter.

Also, another evidence that all these bots are only good for reselling rather than using them directly.

>> No.7720165

>>7719945
>>7719782
Where can I find discussion on this from non-anonymous people so that I can know it's not a keylogger

>> No.7720212

>>7720165
first link is legit, second one probably has a keylogger. run it in a VM if you’re concerned, passed my scans though

>> No.7720220

>>7720165
>keylogger
LOL nope just enter your private keys

>> No.7720221

>>7720165
I'll codereview the source code for you for an unknown amount of XMR

>> No.7720233

>>7720107
post your values you stupid faggot

>> No.7720262
File: 67 KB, 616x602, 1517957080737.jpg [View same] [iqdb] [saucenao] [google]
7720262

Any real bro can give us how to do it without bots.

Ima brainlet who needs to do it manually.

I do it with indicators or what? explain and I'll send you 5$ LTC

>> No.7720272
File: 116 KB, 645x729, 1518475290001.png [View same] [iqdb] [saucenao] [google]
7720272

>>7720107
>values dont matter

>> No.7720347

>>7720262
Go check youtube

>> No.7720395
File: 126 KB, 644x408, 1517630825869.jpg [View same] [iqdb] [saucenao] [google]
7720395

>>7720347
give a link you dumb dmub

>> No.7720410

>>7719782
How do I run this?

>> No.7720413

>>7720395
search "5 minute scalping strategy"

>> No.7720421
File: 8 KB, 225x224, 1517956927923.jpg [View same] [iqdb] [saucenao] [google]
7720421

>>7720413
>5 minute scalping strategy
thanks bro.

>> No.7720466

>>7719995
I'll set you up with a bot I created if you send me 5 ETH faggot. Literally not worth sharing what I spent weeks on coding that makes me money 24/7

>> No.7720502

This can be done with autoview which costs 40 a year and using tradingview alerts. Should be straightforward.

>> No.7720615
File: 88 KB, 1280x720, coin profit.jpg [View same] [iqdb] [saucenao] [google]
7720615

>>7720466
5 ETH. Hahahaha.

Either you send it as a real biz bro and only me and you have it as a goodwill gesture ( webizbros@protonmail.com ) or get loss and never come back.

I prefer option 1.

>> No.7720653

>>7720502
whats autoview?

>> No.7720663

>>7720466
>5000$ for a bot pajeet can make with pyhton in 2 days
lmao

>> No.7720680 [DELETED] 

this bot goes pretty well aswell, https://satoshibox.com/qaawvhp3irrjgetbiyg4orey i use it sometimes, but you should be fine just using trading view with macd and rsi stoch like other anons said

>> No.7720685

>>7720615
Enjoy being a poorfag then. Suits you given that you're too dumb to figure out how to make maximize profits in the easiest and most unregulated market in the world.

>> No.7720689

>>7720615
wow wot a deal u should b president

>> No.7720717

>>7719357
Same but I just use RSI on 15 min. Works the same

>> No.7720723

>>7720410
Run it and it will automatically give alerts, or you can add coins to watch

>> No.7720748
File: 179 KB, 1200x675, 1518833047410.jpg [View same] [iqdb] [saucenao] [google]
7720748

>>7719640
>Amount of retarded faggots who think they know how taxes work is incredible
Because none of them make any gains and never have to pay taxes in the first place.

>> No.7720749
File: 39 KB, 449x441, 1518788738694.png [View same] [iqdb] [saucenao] [google]
7720749

can u draw a pic of some macd buying signals

>> No.7720770

>>7719640
you dont even need to write a script, just use turbotax. or pay a cpa because you actually make money trading.

>> No.7720781

How do you guys integrate bots you write yourself into exchanges like binance etc? Does it have bot support?

>> No.7720790

>>7720781
api

>> No.7720794

Can't you just pay taxes when you cash out?

>> No.7720855

>>7720794
Most online brokers will have a tax form that they send you every year for when you do your taxes. But no, I've never heard of anyone paying taxes upon cashout.

>> No.7720858

>>7719782
Someone please upload im poor as shit

>> No.7720868

i sure hope nobody is buying these satoshibox gay porn zip folders.

>> No.7720877

World youcollect is basically money cheat code if you're smart

>> No.7720884
File: 896 KB, 1207x588, 5369759F-C61E-4505-987A-3D1CD976B2E3.png [View same] [iqdb] [saucenao] [google]
7720884

>>7719782
WINNER WINNER CHICKEN DINNER!

>> No.7720916

>>7720884
pls upload im poor as fuck

>> No.7720923

>>7720884
That shit is pretty cool, it's nice to see someone actually able to prove they make money and not just larp all day like most coinfags. You are the few people who make real substantial money in crypto.

>> No.7720942

>>7720916
it's a scam
think to yourself why someone that makes a money printing robot would

a) need to sell it
b) want more competition using his program

USE YOUR BRAIN

>> No.7720943

>>7720916
It's a samefag, fool. Look at the filenames. He's pumping out fake posts to push his pajeet scam.

Mods need to start banning satoshibox links.

>> No.7720968

if you want a bot, just use profit trailer. It's just 0.03 btc and it's actually a bot.

>> No.7720981
File: 97 KB, 645x729, E5A4BBA9-1E8B-496C-B777-F3B439BF9FF5.png [View same] [iqdb] [saucenao] [google]
7720981

>>7720942
>being this ignorant
The more bots in play = more volume which means higher parameters are hit. In other words, a higher percentage ROI

>> No.7721018

>>7720981
do you poo in the loo, Rakesh?

>> No.7721021

>>7720272
>12 posts by this ID

figure it out retard he just told you what to do stop asking for a spoonfeeding you fucking vegetable

>> No.7721022

>>7720981
wow you're right. getting 20 new people on biz to use the bot will really drive up the volume.

get the fuck out of here you shill nigger poor faggot.

>> No.7721059

>>7721022
Maybe you’re poor, but 20+ btc does a lot for trading volume when a coin has <200 btc daily volume. Pretty common to see those coins pumped 50%+ in a day. If you only have like .01 then I see you’re point, move along.

>> No.7721077

>>7721059
pajeet, you're not gonna cheat anyone behind your several proxies

Everybody can see the filenames
>>7720884
>>7720072
>>7719782

>> No.7721102

>>7720968
This, its also verified by people who dont shit post on a mongolian goat milk ing imageboard

>> No.7721107

>>7721059
you're a faggot. you provide nothing of value. you're a leech. a parasite. your family thinks you're disgusting and so does everyone with a brain ITT.

absolutely pathetic.

>> No.7721132

2% daily compound for 365 days on an initial investment of $10k will give you $13,504,002.86 after only 1 year. Unless I don't how to use a compound interest calculator like a fucking brainlet.

OP are you a billionaire yet or not? Fucking faggot spill the beans!

>> No.7721135 [DELETED] 
File: 994 KB, 1277x713, AC56F893-F343-4034-AA02-645F407A095F.png [View same] [iqdb] [saucenao] [google]
7721135

>>7719504
I’ve spent way too much time writing code to give this trading bot away for free. You will make minimum 10% daily, or you can have your money back. Only 10 downloads available on here before my website goes live next week and prices increase 10x. Email for your review is in the box

https://satoshibox.com/g4ykxpeifkr7zu3ebfmryxpj

>> No.7721159

>>7721135
>filename still not changed
Pajeet, you're not even trying

>> No.7721175

>>7721135
I believe there is bots out there, but you're more than likely a fucking scammer.

Initial investment of only $1k with 10% compound daily will give you: $1,166,641,436,648,504,600.00 after 365 days. Fuck off pajeet

>> No.7721176

>>7721132

That's only if you reinvest your entire stack every single time. Good luck with that.

>> No.7721186

>>7721135
>my website goes live next week
JAJAJA!
Nice ad pajeet. GTFO with your poo-in-the-loo code.

>> No.7721189

>>7721135
> ~/Development/CSharp/BitBot/BitBot/BitBot/bin/Debug
> ~/Development/CSharp/BitBot/BitBot/BitBot/bin/Debug
> CSharp/BitBot/BitBot/BitBot/
> BitBot/BitBot/BitBot/

>> No.7721207

>>7720149
>>7719782
This pajeet gave me an idea.
I'll write a mediocre trading bot, and program it to exfiltrate wallet files/identify people online.

>> No.7721209

>>7721135
>>7721186
>>7721175
>>7721159

this is pasta

>> No.7721210

>>7721175
I may be exaggerating at 10% but still mine is a lot better than most on the market.

>> No.7721229

>>7721176
Why wouldn't you? The only reason I could see is trading fees which are 0.1%. I only began with programming on Black Friday so I am still a brainlet

>> No.7721233

>>7720968
I was thinking about it, does it make good returns?

>> No.7721258

>>7721059 >>7721135
you fucking pajeet faggot, literally kill yourself. do you think we are that stupid with your proxies, you saw the post on 4chan a few days ago about how to scam retards and u really think it will work on us?? a keylogger waiting to scam retards who would buy shit thats shilled so hard ???

>> No.7721275

>>7719357
Saw someone say to sell when RSI is + 80%, basically the same thing?

I was about to try but saw the tradingview pine backtesting stuff and though I migh just test strategies theres before. But it seems a lot of trouble to learn their framework.

>> No.7721291

>>7721258
Nobody is forcing you to buy faggot I just write code . Let a nigga sell his shit

>> No.7721325

>>7721291
ill give you a tip, get something that actually functions, have proof and shill it on instagram or reddit using your proxies to upvote it to front page, far more profitable than shillling a scam on 4chan lmao

>> No.7721340

>>7719357
>buying when rsi drops below 20 and macd lines converge
So basically ADA right now

>> No.7721341

>>7721291
>Jamal trying to sell his keylogger

My sides

>> No.7721394
File: 154 KB, 1892x502, was worried.jpg [View same] [iqdb] [saucenao] [google]
7721394

>>7719357
>Not following short/long positions
RSI is decent enough on the daily chart but stop being a pleb.

>> No.7721422

>>7721394
>grafana
this guy fucks

>> No.7721433

>>7721394
so you sold the bottom when longs hit ATH?

>> No.7721473

>>7721422
How so?
>>7721433
How did you arrive at that conclusion? I'm genuinely curious

>> No.7721493

>>7721275
You're supposed to sell just as RSI is crossing back down under 80%. You need to use a bigger time scale, and other indicators as well though, to get a clear signal.

Trading view does a nice job summarizing the basic signals at any given moment: https://www.tradingview.com/symbols/BTCUSD/technicals/

>> No.7721525

>>7721473
https://youtu.be/_uMEE7eaaUA?t=20s just after 20s

>> No.7721570
File: 967 KB, 250x200, doggo.gif [View same] [iqdb] [saucenao] [google]
7721570

>>7721525
>tfw still don't get it
Was funny though

>> No.7721595

>>7721570
it was a compliment :^)

>> No.7721625
File: 185 KB, 1985x895, 1E4C6983-0B12-443A-B7DC-8F53D32DB09D.jpg [View same] [iqdb] [saucenao] [google]
7721625

>>7719782
Epic call on XMR

>> No.7721630

>>7719357

Buying the 20week MA was the cheat code for buying dips for most of the last 2 years but with the recent downturn taking it out I have no real 100% hit rate indicators anymore

>> No.7721644

>>7721625
Sell target?

>> No.7721673

>>7721625
I fucking missed it

>> No.7721710
File: 69 KB, 710x712, fagrep.jpg [View same] [iqdb] [saucenao] [google]
7721710

>>7721595
Don't tell anyone

>> No.7721711

>>7719782
>>7721625
up 5% on XMR

>> No.7721831

I found that VEN was at very low StochRSI and MACD were converging at 58000sat/$5.80. And now it's 15c above that, so yeah, seems to work?

>> No.7721834

>>7720968
>Profit Trailer

I was gonna try this until I saw it being shilled by Crypto Crow. Seems like a red flag that every youtuber shilling this is the type to pay extra for a Windows VPS

>> No.7721878

>>7721834
Profittrailer is shit
>>7721625
Made me 5% already

>> No.7721915
File: 183 KB, 1919x1079, TradingView Fisher Transform.png [View same] [iqdb] [saucenao] [google]
7721915

>>7719357
>who else has some cheat codes to share?
Fisher Transform, thank me later

>> No.7721926

>>7721834
i'm on the fence as well, but there are various guides to set it up to your liking and you can kinda backtest it (only gives potential buys but does not actually make the purchase)

>> No.7721955

>>7719357
my advice, be careful, it goes against you one time, and you panic and shit the bed and lose 30% in a few bad trades. just keep your head cool and when it does dont over react. you can literally tilt while trading if you're new

>> No.7721973

>>7719782
This contains a keylogger. Beware.

>> No.7721979

>>7721625
what’s the next call?

>> No.7722001

>>7719377
> thinks everyone is a burger

>> No.7722063
File: 989 KB, 1261x645, F8855B7F-E1F6-40D8-AC84-A73D6CA5E7A0.png [View same] [iqdb] [saucenao] [google]
7722063

>>7721979
just screenshotted this

>> No.7722089

>>7721625
How do I read this?>>7722063

>> No.7722105

>>7722063
Thanks for the buy tips bro

>> No.7722151

>>7719774
Just don't cash out into fiat for at least a year and consider it a "long term hold." There's no way for the IRS to check on that, and it's less % than short term gains.

>> No.7722223

>>7719736
Yes this is how it works within a calendar year. Where people mess up is being up on Dec 31st and having their folio tank on/past Jan 1st with no way to pay short term CG tax for the past year, unless they dip into personal savings. If you’re actively trading within a year don’t forget to take profit to avoid that scenario

>> No.7722254

>>7720723
no, like how do i run the program? i have the files and stuff but i can't figure out how to actually get to the program. sorry im not too technologically advanced lol

>> No.7722276

>>7722254
linux?
open terminal
./executable
or
./script
maybe +x perms

>> No.7722287

>>7722151
IRS doesn't need to check anything. If you want to pay taxes on a long term hold YOU have to prove that you've been holding for a year.

>> No.7722339

>>7721394
where do i find this info anon

>> No.7722392

>>7719782

I don't see how this isn't biz lore at this point.

Never seen something samefag shilled so hard

>> No.7722407

>>7722276
thats it? just /executable?

>> No.7722412

>>7722287
Ok, and if you bought Bitcoin with cash last year and some anon transferred it to your binance account? How do you prove that to the IRS? In reality you just fill in the boxes with purchase and sell dates. They're not going to bust down your door unless you made a fuck ton of money, like over $250,000.

>> No.7722431

I've increased my eth stack from .75 to .85 in one week of part time day trading. I don't rely on indicators though, that shit will burn you if you aren't careful. Wish I had a bot though even with less gains this can be stressful.

>> No.7722470

>>7722339
https://datamish.com/dashboard/db/btcusd?refresh=10s&orgId=1

Just make sure you listen to
https://www.youtube.com/watch?v=ES9vRfs2rbA
Otherwise it doesn't work.
God speed anon!

>> No.7722483

>>7722407
no
./
everything has meaning

>> No.7722492

>>7722412
That is correct, they probably won't. But do you plan on never making any substantial amount of money? If they do decide to audit you, they expect you to have a complete history of your trades. Otherwise one of twothings will happen:
> They assume you got that money illegally
> They assume a cost basis of 0, meaning that you're taxed on the entire money you have at that point without deducting losses

And since you said you want to write everything off as long term holds, better pray to god you'll never get audited. Because stuff like that will be found out in minutes.

>> No.7722504

>>7722412
this

Or just look at some way that you could have made the same with some shitcoin 10x moon and they won't give a fuck, they can't be bothered to actually prove what looks reasonable.

>> No.7722549

>>7719706
How do people learn this shit what the fuck

>> No.7722564

>>7722483
okay yea, sorry im installing linux rn so i cant test it yet, but just had a hard time believing it could be done with just 1 command

>> No.7722609

>>7719377
>i will stay poor because of some paperwork

stay poor then

>> No.7722637

>>7722431
That's my goal per night negro

>> No.7722696

>>7719543
Self directed IRA. No taxes until you withdraw. Want your money before you are 59.5? Take 72t distributions. I am tired of telling you retards.

DYOR.

>> No.7722751

Fuck you OP for giving the game away. Since the cats already out of the bag here you go:

https://www.tradingview.com/chart/k4V1ifos/

>> No.7722769

>>7722431

how do you trade? price action?

>> No.7722833

Steem power isn't a cryptocurrency and allows you to hide from tax laws. Just make a steemit account and put a chunk into steem power and you will be able to tell the IRS that its not crypto so its exempt from tax laws.

>> No.7722856

>>7719357
Fuck off faggot. You realize you're posting this to get your ego stroked? If you tell everyone how to make money, guess what? Those indicators stop working so well. Fucking kys you stupid cuck.

>> No.7722862

>>7722833

isn't it a "security" or taxable commodity in some way?

>> No.7722876

>>7722856

should work same if not better, more ppl that use it the more ppl will buy/sell on it making it more self fulfilling, to a point. Either way you eventually get burned and there's no magic indicators

>> No.7722885

>>7722862
That would make pretty much any point system on other websites taxable then. Minds.com points are the exact same thing. Those are not taxed.

>> No.7722936

>>7722885

I think technically they are but its total bullshit. Not saying it wouldn't work but not sure if it would totally hold up in court. I think trading cards was considered a taxable event too at some point which is complete garbage.

I just say "I put in $X,XXX got $XX,XXX+" taxman never got mad, just say you put it all in some coin that did a 10x.

>> No.7722955

>>7722862
The main difference is that the steem tokens are destroyed when creating steem power. Steem power is not tradable, its not a currency, it has no actual value outside of what the devs of the blockchain specify.

Steem power can be used to generate or mine new steem coins. Thats all it does. Its not a savings account because you destroy the actual coins to generate the steem power.

>> No.7723020

>>7719543
if you lose money then you don't cash out/no one is going to look into you if you pay 10k out of your account and 3k back in are they?

>> No.7723044

>>7722936
>Not saying it wouldn't work but not sure if it would totally hold up in court.

It better hold up in court or technically everything on the internet is taxed. Microsft points to platinum in Warframe. All video games with a currency would be subject to taxes.

>> No.7723073

>>7719357
>>7719782
>>7719945

yes guys. if these people are making fortunes with their bots, the first they they'd do is start selling their bot on an anonymous image board for 0.01 BTC.
if you're smart enough to realize this fact, you should def. buy that bot.

>> No.7723139

>>7723044

its a really good point, that's why I feel like its definitely a safe bet. Who knows how far the IRS will go to try to mass squeeze taxpayers though.

Its probably the best strategy for sure, I only pointed it out cause some jew proved that technically you do have to write that shit on your taxes. I doubt it would ever hold up though, it would be a shitstorm like you said

>> No.7723148

>>7722936
>I think trading cards was considered a taxable event too at some point which is complete garbage.

Oh one more detail, you cannot trade steem power. You can trade pokemon cards. But steem power is locked up as basically an untradable value that sits on your steemit account. Its not an asset.

>> No.7723174
File: 35 KB, 640x616, 1515219163026.jpg [View same] [iqdb] [saucenao] [google]
7723174

>>7719357
I guess using a bot is cheating lol fucking gonna make it!

>> No.7723468

>>7723148
good point, I'll definitely look into it. No problems yet but knock on wood lmao

>> No.7723959

>>7720942

Agreed. I have a working bot. Plenty of people do. Never met anyone that would sell - well, apparently Gunbot is ok. They deliberately cap entrants, change up trading algos etc.

People in this thread are gullible. Wait...wtf am I doing? Opportunity knocking - I sell a weaker version of my personal bot. Fuck I'm a brainlet for not thinking of this before.

Ok people. I'm busy for a few weeks sadly, then I'll be back with a bot to shill. Then all you pajeet can have have free money.

>> No.7723988

>>7723959
Sir thank you please sell sir

>> No.7724004

>>7723073
Why not though? I'm actually gonna do it. Be a weaker version that can't break my personal bot, but why not? Free money is free money.

And where else would bot authors be? Been shitposting 4chan since 2007. I'm here forever now.

>> No.7724043

>>7723988

I'll be back soon my street shitting friend! Will need some time to package it all for release, and then you can have all the free rupees your heart could desire.

>> No.7724083

How do I get stochrsi on binance app.. right now I'm chasing dips then watching candles like a fucking 3 hours horse race

>> No.7724089

>>7724004
if it's really a "cheat code" that 10x 0.01BTC they might get from here doesn't seem like a lot. i just srsly doubt it's legit

>> No.7724241

>>7721973
It's not even a trading bot
>python script
>66mb

>> No.7724254

>>7724089
Oh I agree - that's why I haven't bothered before. The shit posted ITT is the usual scammy crap.

>> No.7724283
File: 211 KB, 646x700, ellen meme.jpg [View same] [iqdb] [saucenao] [google]
7724283

>>7719357
>See Bitcoin took a massive dump
>Accumulate as much as possible with my riches without massively influencing the price
>Shill it on my TV show
>Wait for it to reach a new ATH
>Dump it
Too easy desu

>> No.7724571
File: 454 KB, 720x518, smile.png [View same] [iqdb] [saucenao] [google]
7724571

>>7724283
50% of the market isn't buying our bags.
This is the best news I've seen in months.
Bitcoin is baby goats.
You like goats, right?
Buy baby goats.

Holy shit is this good news.

>> No.7724657

>>7719691
whats that app?

>> No.7725175

And how do you cash out from Steem to dollars?

>> No.7725216

>>7720024
extra retarded