NYRaider Posted May 11, 2021 Share Posted May 11, 2021 25 minutes ago, Outpost31 said: So is Doge and I’m at like 30,000 dollars in profit in it right now and it’s gone down 30 cents. Poop coins can get you a poop ton of money. That 60% tax rate you made 12k congratulatons. Quote Link to comment Share on other sites More sharing options...
opeth0500 Posted May 11, 2021 Share Posted May 11, 2021 2 hours ago, NYRaider said: That 60% tax rate you made 12k congratulatons. 60%? is this the crypto tax? Quote Link to comment Share on other sites More sharing options...
kingseanjohn Posted May 11, 2021 Share Posted May 11, 2021 (edited) 1 hour ago, opeth0500 said: 60%? is this the crypto tax? It's taxed the same as capital gains tax. So it varies depending on what state you live in. For me personally, the highest I've seen is 46% combined for short term and 29% long term. Edited May 11, 2021 by kingseanjohn Quote Link to comment Share on other sites More sharing options...
opeth0500 Posted May 11, 2021 Share Posted May 11, 2021 15 minutes ago, kingseanjohn said: It's taxed the same as capital gains tax. So it varies depending on what state you live in. For me personally, the highest I've seen is 46% combined for short term and 29% long term. Thank you. I looked up mine and the most would be 13%. Doesn’t sound right lol Quote Link to comment Share on other sites More sharing options...
TOUCAN Posted May 11, 2021 Share Posted May 11, 2021 Can someone give me the low down on how to get Bonfire? Is the only way to do a trade of something? I wanted to buy outright but idk if its actually listed anywhere. Quote Link to comment Share on other sites More sharing options...
TOUCAN Posted May 11, 2021 Share Posted May 11, 2021 6 hours ago, NYRaider said: That 60% tax rate you made 12k congratulatons. Never in my life would I think I saw this comment as sarcasm. Quote Link to comment Share on other sites More sharing options...
BobbyPhil1781 Posted May 11, 2021 Share Posted May 11, 2021 14 minutes ago, JoshstraDaymus said: Can someone give me the low down on how to get Bonfire? Is the only way to do a trade of something? I wanted to buy outright but idk if its actually listed anywhere. Have to trade. I haven't been able to get verified either way I've tried. I'm just going to get SHIB instead and hope another meme coin catches fire Quote Link to comment Share on other sites More sharing options...
BobbyPhil1781 Posted May 11, 2021 Share Posted May 11, 2021 Just bought 7,000,000 SHIB. How about we just hit a penny lol 2 Quote Link to comment Share on other sites More sharing options...
1ForTheThumb Posted May 11, 2021 Share Posted May 11, 2021 13 hours ago, NYRaider said: Do you listen to podcasts? If so I'd highly recommend: https://shows.acast.com/wharton-behind-the-markets/episodes/behind-the-markets-podcast-special-ethereum-the-triple-halvi If anyone who's interested in crypto and potential future use cases of blockchain technology (aside from the typical bitcoin is just digital gold) I'd highly recommend listening to Chris Dixon's interview on on "Invest Like the Best" podcast. It actually blew my mind and I've listened to it multiple times already. So much to absorb. This blog is always worth your time as well. I found this specific post extremely interesting: https://www.notboring.co/p/who-disrupts-the-disrupters My knowledge of crypto and blockchain is still minimal, so if anyone has some good podcasts or articles to read to learn more, feel free to share. Quote Link to comment Share on other sites More sharing options...
1ForTheThumb Posted May 11, 2021 Share Posted May 11, 2021 8 minutes ago, BobbyPhil1781 said: Just bought 7,000,000 SHIB. How about we just hit a penny lol Where does everyone buy these ALT coins? I bought Poodl before V2 launched using my metamask and swap, and it was extremely confusing- still not even sure I got my V2 "air dropped" correctly. Quote Link to comment Share on other sites More sharing options...
MacReady Posted May 11, 2021 Share Posted May 11, 2021 Just now, BobbyPhil1781 said: Just bought 7,000,000 SHIB. How about we just hit a penny lol I'm down. I actually think I want to get a billion of them, but I hate the process I had to go through to get the ones I got. Is there an easier way to get in on these alt coins that aren't on Coinbase? If not, I'd rather miss out on millions of dollars than go through the loops involved in getting those coins. Quote Link to comment Share on other sites More sharing options...
BobbyPhil1781 Posted May 11, 2021 Share Posted May 11, 2021 (edited) 22 minutes ago, 1ForTheThumb said: Where does everyone buy these ALT coins? I bought Poodl before V2 launched using my metamask and swap, and it was extremely confusing- still not even sure I got my V2 "air dropped" correctly. Crypto.com app. Seems legit from what I've seen but their exchange rates are a little inflated. Whatever. Only $450 so I'm not broke if it doesn't go where I want it to. Honestly, if I get 5 times that amount, I'll be happy bc it will pay for the cruise next fall that we just booked lol If you sign up, I have a referral code for you lol Edited May 11, 2021 by BobbyPhil1781 Quote Link to comment Share on other sites More sharing options...
BobbyPhil1781 Posted May 11, 2021 Share Posted May 11, 2021 (edited) 14 minutes ago, Outpost31 said: I'm down. I actually think I want to get a billion of them, but I hate the process I had to go through to get the ones I got. Is there an easier way to get in on these alt coins that aren't on Coinbase? If not, I'd rather miss out on millions of dollars than go through the loops involved in getting those coins. Crypto.com app. Took 12 hours to get verified. If I had your expendable income from DOGE, I'd have gotten more lol. Playing with house money is easy to go I just bumped it up to 14 mill lol If you sign up and want to be an all-star, I have a referral code for you lol Edited May 11, 2021 by BobbyPhil1781 Quote Link to comment Share on other sites More sharing options...
Mox Posted May 11, 2021 Share Posted May 11, 2021 Luna Doge (LOGE) is another one my friend is pumping right now. Another complex to get into but ground floor coin. Quote Link to comment Share on other sites More sharing options...
MacReady Posted May 11, 2021 Share Posted May 11, 2021 13 hours ago, NYRaider said: That 60% tax rate you made 12k congratulatons. Lol. 60%. Lol. Even if it was 60% tax rate where I live, and it’s not, you’re going to turn your nose at a 10,000 dollar profit? Quote Link to comment Share on other sites More sharing options...
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