Cryptotradez
Long

BULL FLAG LTC You know what's coming !

COINBASE:LTCUSD   Litecoin / U.S. Dollar
Bull Flag on LTC
Do I need to say more??

Okay.. Target : $245 !!!!
Once again, very nice analysis. All your targets where pretty accurate, even though the last one wasn't quite met. I got in for this 3rd target and sold when the momentum decreased. Worked out perfectly (14%). Thank you!
Reply
Cryptotradez henrik.niehaus
@henrik.niehaus, Hey !! I am happy you enjoyed it !! I can't participate to trades like that anymore as a US citizen, I need to pick BIG BIG games... Because of my twisted tax system... I am basically waiting for ATH on LTC and other big coins...
Reply
henrik.niehaus Cryptotradez
@Cryptotradez, I see. Here in Germany you have to hold stocks etc. for at least a year, so that you don't have to pay taxes on your earnings. For cryptos that's currently not determined, but it's probably gonna be accounted as normal income. It's currently a legal gray area. Is it similar in the US?
Reply
Cryptotradez henrik.niehaus
@henrik.niehaus, In the USA it's been clarified begining of 2018... Now, every single transaction is a taxable event. Every single time we make a profit, that profit is taxable even if we go to another coin that crashes with the previous profit.. So it makes it like we have now even more risks to sell...

What was the grey area was the transactions between pairs... they are still taxed individually even though you didn't technically sell as you didn't get back into FiAT when you sell in BTC...
And it is going to be a giant nightmarre to know all the transactions and what was the price of BTC (or neo / ETH / ... depending on the pair you decided to sell in ) at that moment ??

Now even better ! The regulations they put in place in 2018 are retro active... so will be applicable for all previous years as well...
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out