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How to Report Crypto Losses on Your Taxes? This is How You Report Losses on Cryptocurrencies
Intro If you’re like most people, you probably trade crypto because it’s fun, exciting, and most importantly, potentially life-changing. But what happens if you lose money on your trades? Can you deduct those losses against your taxable income? If you answered “yes,” congratulations – you’ve just learned something about crypto taxes. дальше »
2022-11-5 17:19 | |
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Top cryptos that could easily double your money in August
The cryptocurrency market is currently consolidating after more than 7-months of persistent losses. However,… The post Top cryptos that could easily double your money in August appeared first on CoinJournal. дальше »
2022-8-19 18:41 | |
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Holding ADA in your portfolio but don't want to cut losses? Read this
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Cardano's [ADA] recent reversal from the $0.546 ceiling saw a The post Holding ADA in your portfolio but don't want to cut losses? Read this appeared first on AMBCrypto. дальше »
2022-8-5 16:30 | |
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CryptoHero Review – Pricing, Supported Exchanges, Trading Strategies
What is CryptoHero If you want to make a profit that will change your life in the crypto world, you have to be involved in the trading business. Manual trading is not an easy task and quite often it can give you headaches and cause monetary losses. дальше »
2022-6-28 19:09 | |
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Tips to claim tax losses with the US Internal Revenue Service
With the market falling off a cliff, there will be big losses to claim on your taxes, right? Well, let’s break it down in detail. дальше »
2022-5-31 18:08 | |
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BIC’s Video News Show: How to Survive a Bear Market?
In this episode of BeInCrypto’s Video News Show, host Jessica Walker will explain how you can avoid losses and take a look at two of the simplest strategies you can adopt during a bear market to protect your money. дальше »
2021-9-23 19:16 | |
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Earn in any market conditions with CoinRabbit
Recently the market has undergone major changes and experienced very high volatility - with many traders suffering significant losses. But the fact is that even in such conditions it is still possible to earn and easily minimize your cryptocurrency risks. дальше »
2021-7-14 15:00 | |
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KarenCoin is up 46%: here’s what it is and where to buy it
If you are a cryptocurrency investor, it is more than likely that your portfolio has been bleeding for the last few days. However, one crypto that has consistently managed its peers is KarenCoin (KAREN), rising by 44% in the last 24 hours despite widespread losses for most major cryptocurrencies and altcoins. дальше »
2021-6-22 13:35 | |
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Bitcoin News Roundup for Aug. 28, 2020
With bitcoin and gold reversing losses, CoinDesk's Markets Daily is back for your latest crypto news roundup! дальше »
2020-8-28 19:00 | |
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3 Ways to Protect Your 401(k) From Coronavirus Shock
Coronavirus fear is fever-pitched, sending stocks plummeting and 401(k) investors running for the hills. Here are three ways that investors can mitigate losses if we are indeed in the midst of a recession. дальше »
2020-3-1 00:30 | |
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3 Ways to Protect Your Crypto Portfolio in a Bitcoin Downtrend
Although many cryptocurrencies have experienced tremendous gains in the last several years, this meteoric growth hasn’t been without frequent periods of decline. During these times, long-term holders can either assume these losses will be transient or negligible in the long run or take measures to protect their portfolios and maximize their overall profitability. дальше »
2020-2-27 22:27 | |
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If This Is You, You May Not Need to Report Crypto Tax Gains to the IRS
It’s a new year, and this means that last year’s calendar and tax year have come to a close, and it’s time once again to start tallying up your crypto holdings, gains, and losses, to figure out exactly what you need to report to the IRS in order to comply legally with your obligation as... The post appeared first on NewsBTC. дальше »
2020-1-21 19:00 | |
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The Taxman Is After Your Bitcoin: Harvest Your Losses Before It’s Too Late
The year is coming to an end, and a lot of people have started thinking about minimizing their tax burden. If you’re a bitcoin investor, things get even more complex. The IRS recently sent out 10,000 letters to cryptocurrency investors, and this is an indication of how serious they are when it comes to cryptocurrency […] The post The Taxman Is After Your Bitcoin: Harvest Your Losses Before It’s Too Late appeared first on Bitcoin Magazine. дальше »
2020-1-2 21:20 | |
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Trezor One vs. Ledger Nano S vs. KeepKey – The Battle of Hardware Wallets
As the estimation of Bitcoin and other cryptocurrencies goes up, so does the interest for hackers to hack your wallets, so securing your cryptocurrency wallets has never been more critical. This is by no means a new problem. дальше »
2019-11-18 21:21 | |
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Bitcoin Outperforming 2016’s Recovery, Price Crash to $7,700 Not Bearish
If you haven’t checked *insert your favorite Bitcoin (BTC) price tracker here* over the past few hours, you’re in for a fresh surprise. The cryptocurrency market has incurred its second large trading session of losses this week, with the aggregate market capitalization of all digital assets tumbling to $209 billion. дальше »
2019-9-26 21:30 | |
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The IRS Is Blindly Coming After Cryptocurrency Traders — Here’s Why
The information that the IRS is receiving from cryptocurrency exchanges does not reflect your capital gains and losses whatsoever. This is problematic because these capital gains and losses are what you actually pay taxes on, not gross transaction amounts дальше »
2019-9-16 19:38 | |
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The Dawn of Hybrid Layer 2 Protocols
Special thanks to the Plasma Group team for review and feedback Current approaches to layer 2 scaling - basically, Plasma and state channels - are increasingly moving from theory to practice, but at the same time it is becoming easier to see the inherent challenges in treating these techniques as a fully fledged scaling solution for Ethereum. дальше »
2019-9-2 04:03 | |
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Poloniex to repay $18M worth of Bitcoin lost in margin trade flash crash with trading fees
Cryptocurrency exchange Poloniex has announced a new scheme to reimburse users affected by an unexpected “flash crash” that saw 1,800 BTC ($20 million) wiped from its margin trading lending pool in May. дальше »
2019-8-13 13:40 | |
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Bybit VS BitMEX: A No-Frills Comparison for Crypto Derivatives Traders
Trading cryptocurrencies is more interesting than trading equities or other forms of traditional assets. The volatility of cryptocurrencies drives massive price movements that would probably give Wall Street stocks traders a collective heart attack. дальше »
2019-8-13 23:41 | |
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Capitual ICO
With a ready state-of-the-art produced working live platform, Capitual is already bringing crypto-currencies to people in different sectors. With your help, we can popularize crypto-currencies' usage across the whole world! Capitual brings the evolution of crypto-currencies for the rest of us by allowing instant exchange between fiat and crypto-currencies. дальше »
2019-6-13 21:03 | |
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3commas Helps You Balance Your Crypto Portfolio
Hodling or liquidating your crypto assets are two extremes that are not the best investment strategies in most cases. 3commas is a platform that allows you to constantly rebalance your portfolio in order to limit losses and maximize profit. дальше »
2019-5-24 13:10 | |
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Tether Partly Backed by Bitcoin, Court Transcription Reveals
Tether, a stablecoin tied to the dollar that is meant to mediate the volatility of other cryptocurrencies, is partly backed by bitcoin. As detailed in court documents obtained by The Block, Tether admitted to using some of the cash reserves meant to back its stablecoin to purchase bitcoin, among other assets. дальше »
2019-5-22 23:02 | |
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Get Crypto Tax Offers a Faster, Hassle-Free Solution to Filing Your Crypto Taxes
District of Columbia, USA. 1 April 2019. – Get Crypto Tax is offering its expertise to anyone that wants to report capital gains on cryptocurrencies. Everyone understands the complicated paths around filing taxes. дальше »
2019-4-1 20:00 | |
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Cryptonaut Is an Easy to Use Portfolio Management App
Closely following market movements and price fluctuations is something every trader and investor in the crypto space must do in order to take advantage of opportunities and avoid losses. Cryptonaut is a portfolio management app that allows you to track your holdings in multiple cryptocurrencies. дальше »
2019-3-31 13:51 | |
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Op Ed: Answering 10 Common Questions About Cryptocurrency and Taxes
Depending on what country you live in, your cryptocurrency will be subject to different tax rules. The questions below address implications within the United States, specifically, but similar issues arise around the world. дальше »
2019-3-29 18:20 | |
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5 Essential Tips for Preparing Your Cryptocurrency Taxes
Paying taxes on Bitcoin and other cryptocurrencies is becoming a priority for individuals in the US after the IRS announced on July 2nd, 2018 that one of their core campaigns and focuses for the year is the taxation of virtual currencies. дальше »
2019-3-4 20:57 | |
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Crypto Tax Calculator CoinTracking.info Rolls Out Ease-of-use Upgrades
If you trade cryptocurrency, reporting your gains or losses at tax time is not only a smart thing to do– it’s a must. If you earned a profit, failing to disclose it will come back. . . The post Crypto Tax Calculator CoinTracking. дальше »
2019-2-19 15:29 | |
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Op Ed: Why It’s Unsafe to Store Private Crypto Keys in the Cloud
There are two primary reasons why storing your private crypto keys in the cloud is a bad idea. First, your cloud provider represents a centralized honeypot that could experience a security breach, allowing cyber criminals to access your data. дальше »
2019-2-19 00:19 | |
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Love trading? 5 BTC Up for Grabs
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. дальше »
2019-2-15 18:28 | |
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How to Store Cryptocurrency on a Ledger Nano S [Step-by-Step Guide]
DISCLAIMER: This article is written to guide you through the process of storing your crypto securely. However, you should thoroughly research the areas outlined in this post and perform your own due diligence. дальше »
2019-1-31 23:27 | |
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How to Store Cryptocurrency on a Ledger Nano S [Review + Step-by-Step Guide]
DISCLAIMER: This article is written to guide you through the process of storing your crypto securely. However, you should thoroughly research the areas outlined in this post and perform your own due diligence. дальше »
2019-2-1 23:27 | |
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Bitcoin Taxes: 61% of Holders Won’t Report Losses to IRS
The US tax season has begun, and this might finally be the year to declare your bitcoin and crypto-assets. Sure, bitcoin taxes can be complicated, but research suggests that 61% of holders don’t realize they can write off last years losses as a tax deduction. дальше »
2019-1-30 09:00 | |
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Cryptopia Exchange Hacked: ‘Significant’ Losses Reported
Cryptocurrency exchange Cryptopia has been hacked. The team confirmed the security breach, outlining that the losses are ‘significant. ’ ‘Significant Losses’ New Zealand-based cryptocurrency exchange Cryptopia has suffered a security breach and is going through unscheduled maintenance. дальше »
2019-1-15 12:00 | |
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There May Be (Some) Tax Relief Options if You Sold Your Bitcoin at a Loss
For investors whose first time investing in bitcoin was in 2018 or after late 2017, there is a high likelihood that they have incurred substantial losses for the fiscal year of 2018 if they haven’t sold yet. дальше »
2018-12-29 02:01 | |
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Cryptocurrency and Taxes: How to Use 2018’s Losses to Your Advantage
Taxes have been a hot topic in the cryptocurrency world this year. Many countries have been trying to figure out how to tax crypto assets, while traders have been figuring out how to lever them to write off losses. дальше »
2018-12-23 03:00 | |
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Trade Crypto as a Business via Trader Status
Tired of being unable to deduct your trading losses right away? Want to write-off all your trading expenses? Learn more about trader status right now. The post Trade Crypto as a Business via Trader Status appeared first on CoinCentral. дальше »
2018-12-22 04:06 | |
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Lost Money Trading Crypto This Year? Here’s How to Recoup Your Losses at Tax Time
Last Thanksgiving, Bitcoin was in the middle of a bull run that would result in a record high of $19,511 just before Christmas. Now, Bitcoin is worth just $3,752. If you bought Bitcoin and other cryptos when their prices were high, there’s a silver lining around the gray state of crypto markets now: any losses […] The post Lost Money Trading Crypto This Year? Here’s How to Recoup Your Losses at Tax Time appeared first on Ethereum World News. дальше »
2018-12-20 20:31 | |
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Turning your 2018 Bitcoin and Crypto Losses into Tax Savings
The cryptocurrency market saw a dramatic fallout throughout 2018. With Bitcoin falling from a value of $17,000 per coin in January of 2018 to around $3,500, many traders incurred losses since the start of the year. дальше »
2018-12-19 16:30 | |
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Is This the End of Crypto?
Bitcoin’s tumbled to a 15-month low. Ethereum is circling the drain. Despite announcements of a Swiss ETP, more regulated bitcoin futures in Q1, a German stock exchange launching a crypto platform, and institutional investors getting in, the market keeps on hemorrhaging. дальше »
2018-12-16 01:56 | |
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Turkish Investor loses $170,000 worth of BTC due to lack of Backup
For those who have cryptocurrency wallets without proper backup, a huge loss may be lurking in the corner if something is not done to safely backup your wallet and recovery seeds. An investor in Turkey is counting his losses right now after losing $170,000 because he lost his password and wallet recovery information. дальше »
2018-12-10 22:50 | |
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Lost Money Trading Crypto This Year? Here’s How to Recoup Your Losses at Tax Time
Around this time last year, Bitcoin prices were hovering around $20,000. However, much has changed since then. A confusing fork that spawned two new Bitcoin spin-offs and accusations that the price of Bitcoin may have been manipulated last year were two of the contributing factors that led to massive price drops. дальше »
2018-12-7 12:00 | |
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Tax Time! How to Calculate Your Bitcoin and Cryptocurrency Losses
Do you have big Bitcoin trading losses for 2018? Do you need expert guidance in assembling the forms and documents needed for tax prep? Learn more now! The post Tax Time! How to Calculate Your Bitcoin and Cryptocurrency Losses appeared first on CoinCentral. дальше »
2018-12-5 22:32 | |
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Cats Fight To The Death On The Blockchain: Awwwww
Markets making you howl? It’s not too late to recoup some of your losses. SuperDAO has announced a new game that will allow hodlers to monetize their CryptoKitties in the most humane way possible: by pitting their pets against one another in virtual cat-fights, on the blockchain. дальше »
2018-11-24 19:09 | |
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Encrybit ICO
- ENCRYBIT THE RESEARCH BASED CRYPTOCURRENCY EXCHANGE Encrybit made history moments creating massive surveys in cryptocurrency market with 12k+ responses from traders among 167 countries. Encrybit exchange is thought of traders where we are merging their demands in reality developing the secured and featured enriched trading platform that does not want to compromise the emotions of traders. дальше »
2018-11-14 19:41 | |
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