/r/CryptoCurrencyTrading
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/r/CryptoCurrencyTrading
I currently use robinhood, and it works fine, i'm just worried about the long term capital gains taxes once I do sell my profits. I am currently HODLINg tho I did sell $200 worth for profit....so far. my question is say I get up to $100,000 or $200,000 profit eventually and want to pay off my $10,000 credit card debt and some dental bills say $20,000. say I take the $40,000 out I need to pay my bills eventually and then take another $50,000 out to put in the checking account, and then keep $110,000 in to HODL. how much would I end up owing in capital gains? I am worried about not having enough to pay the IRS once i pay my bills off. Or say I have only $20,000 and pay part of my bills off. say I pay $7.000 of my $10,000 I owe to get my bills down and then pay $7.000 of my dental bills. $6.000 into the checking account. How much will I have to pay come tax time for the long term capital gains?
I’m looking for an exchange that allows completely separate positions in the same direction on the same crypto, like multiple long or short positions on the same crypto?
Example: Solana (SOL), without combining them into a single position.
On platforms like MEXC, all positions on the same crypto (e.g., SOL) are combined into one, making it impossible to manage them separately. This doesn’t work for my strategy since I trade using varying leverage and margin for different timeframes and risk levels.
Does any exchange allow you to use collateral like Solana (SOL), Toncoin (TON), or other cryptos to trade futures, instead of just USDT? I’d like the flexibility to use different cryptos as collateral.
Hi all,
Can anyone tell me what particular narrative XRP falls under?
Can't seem to find it on the varous narrative sites that track them.
Cheers,
I’m just looking for something basic to use for day trading crypto, it’s the only thing I would be using it for so I don’t need crazy specs. Is this good enough?
I've got XRP on GateHub that has been on there since around 2018. I tried logging in for the first time since then to send to my ledger nano s plus and I've had issues. I was able to login, but it asked me right away to re-encrypt my account, which provided me with a new 32 character recovery code that I also wrote down. I have the old recovery code and now the "new one." I contacted support and they are saying that there was some issue with the "re-encryption process" due to the error "error_secret_decrypt"
(automod doesnt like URLs so I replaced them)
I went to (support gatehub net) and used the form on the page to submit a support ticket explaining the issue. they responded with this suggestion:
"Dear Sir or Madam,
We have a possible solution to your issue.
We kindly ask you to access your account via the [wallet2] page, which will access the older version. After accessing your account copy-paste the following link to your URL bar [gatrhub url /security /rekeyfix], enter your current password and old password, or current password and old recovery key (received during the signup process) in the fields.
After completion of the mentioned "Rekeyfix" process, we kindly ask you to try re-encrypting your wallet once again (the step where you previously encountered the error). After a successful re-encryption log out of the account and access the updated version of our platform"
The wallet2 url and the "rekeyfix" url just points back to gatehub and does nothing. I responded that it did not work, then they responded with:
"Dear Sir or Madam,
Due to the error message you received, which resulted in you being unable to access your account, we will refund the funds in your GateHub wallet(s).
In order to proceed with recovering the funds in your GateHub account registered to email [redacted], we kindly ask you to register a new GateHub account using a different email address than you used to register your current account.
We will refund it with the same amount of XRP that you are currently holding in your wallet.
Please respond once your profile information is filled in and documents uploaded, so we can review your verification request ahead of the queue.
In addition, we would kindly ask you for additional information.
Due to the error you are experiencing you cannot use the wallet, therefore, we kindly ask you to provide the old recovery key you received during the signup process or the old password you used prior to re-encrypting your account. Our development team is still working on identifying the cause of the issue that you have experienced and it would help us tremendously if you could share with us the original credentials from your old account.
The recovery key is a 32-character key, generated during the GateHub signup process. It is generated only once. We suggest that you look through your computer files for a txt document titled ''gatehub_recovery_key'' you may have downloaded on [2017], the day you registered your account.
Please note that we are asking for obsolete data. The old recovery key received during the signup process is no longer valid since you received a new one during re-encryption, also the old password cannot be used to sign in to your GateHub account.
Kind regards,"
Any concerns about this? I emailed security at gatehub net 2 days ago but I have not received a response. Support is saying they will refund me the XRP in my account, however they need my old recovery key? This all seems strange and I'm very skeptical. My concern is that when I logged in, it prompted me to create a new recovery code which could be fake, and my first recovery code is still valid. Then when I send my "old" recovery code, they will gain access to my assets. Any thoughts on this would be appreciated. Thanks.
Hey, is anyone mining coins in the Human App? It's built on Solana, but I don't understand how it works or if it's worth it
I’m trying to short inverted EOSUSD perpetual on Bybit, 1x.
I have 3 EOS spot but Bybit let me open a short position of max 1.5 EOS.
Any idea??
Thanks
Please don't hate but I just recently turned 30 Dollars to 50 because I wanted to start trading, but now I can't swap my coin(Elon xmas) back to eth because the network fee is somehow 60 Dollars. I use coinbase wallet and uniswap
I mainly use Robinhood as my primary investment account. Which works well for live candles but I want to look further back(maybe there is a way I haven’t figured it out). What are some good apps for analytic research?