I’m in the US and have a question. When you remove your Kaspa from an exchange to cold storage how is that reported to the IRS for tax purposes? How is that tracked and reported? I’m currently using uphold.
Hey Chrys. I'd like to ask you about your process of taking profits. I also have my crypto on Tangem wallet. There is almost not possible to sell token directly, only swap them, using third party.. Swapping takes some time and there is not possible to know the exact price we will get after click to swap, it depends on the third party. Can you share your tips how to sell tokens from Tangem wallet fast and reliably? Thank you.
KAS network is very fast. Send to XT or whatever major exchange you like (there will be more by the time we take profits) and sell. It takes 2 minutes longer to do it manually but you will know your exact price and the swap will not get stuck. I have heard of a swap getting stuck on the Tangem app when they first released the feature. Not sure what happened or if they resolved the issue but I don’t plan to take that risk when I sell. I will take my time and do it right since a lot of money will be on the line. Never rush! Cheers 🤝🏼
@@jbojcev personally when it’s time to sell I will be more confident doing so on reliable, major exchanges. ChangeNOW should be okay to use but they only account for 0.3% of the daily volume and might not have the infrastructure in place to handle swarms of large exchanges when we reach the top of the bull run. Regardless if my coin sends to a major exchange instantly or takes 10 minutes, or an hour, I will feel safer taking the extra time to go through a reliable, vetted exchange. To each their own though.
Rate cuts generally free up capital for investing. Lower rates usually equals more economic activity as lending increases, so we can expect, in general, a pump coinciding with rate cuts.
@@Worldview9958 it may, it may not. No point in trying to predict short term movements in my opinion as those predictions are usually mostly a gamble. The wise investor finds projects he or she knows are undervalued and thus will increase in value over the mid to long term, buys that project, and holds regardless of short term volatility. DCA in and DCA out when you are happy with your profits, no need to over analyze. Cheers
Kaspa to 5$ believe it or cry later 💪🏻🚀🤑
KAS
When is the Kraken Listing ?
Always appreciated Chrys! Ordered my Tangem wallet using your code.
Thank you very much my brother! Appreciate it!
just started my own node to mine kaspa to
150k Kaspa coins today🎉🎉🎉🎉
So as we can see there is no buy the rumours event. 🤔
I’m in the US and have a question. When you remove your Kaspa from an exchange to cold storage how is that reported to the IRS for tax purposes? How is that tracked and reported? I’m currently using uphold.
My tax specialist just needs transactions showing the buy and sell price with amounts. It was a pretty easy process
Hey Chrys. I'd like to ask you about your process of taking profits. I also have my crypto on Tangem wallet. There is almost not possible to sell token directly, only swap them, using third party.. Swapping takes some time and there is not possible to know the exact price we will get after click to swap, it depends on the third party.
Can you share your tips how to sell tokens from Tangem wallet fast and reliably? Thank you.
KAS network is very fast. Send to XT or whatever major exchange you like (there will be more by the time we take profits) and sell. It takes 2 minutes longer to do it manually but you will know your exact price and the swap will not get stuck. I have heard of a swap getting stuck on the Tangem app when they first released the feature. Not sure what happened or if they resolved the issue but I don’t plan to take that risk when I sell. I will take my time and do it right since a lot of money will be on the line. Never rush! Cheers 🤝🏼
@cizneerob In case of KAS yes, makes sense and I thought about that too. But what about all other token? Considering fees , time etc..
@@jbojcev personally when it’s time to sell I will be more confident doing so on reliable, major exchanges. ChangeNOW should be okay to use but they only account for 0.3% of the daily volume and might not have the infrastructure in place to handle swarms of large exchanges when we reach the top of the bull run. Regardless if my coin sends to a major exchange instantly or takes 10 minutes, or an hour, I will feel safer taking the extra time to go through a reliable, vetted exchange. To each their own though.
💯🚀💯🚀💯🚀
H O D L☘️🌪️
Best coin we can HODL
Release the kraken
✈️✈️✈️
Do you think it will be a correction after fed cut’s the rate?
Rate cuts generally free up capital for investing. Lower rates usually equals more economic activity as lending increases, so we can expect, in general, a pump coinciding with rate cuts.
@@cizneerob iknow but just overheard some say it May correct first. Curiuse what you guys think..
@@Worldview9958 it may, it may not. No point in trying to predict short term movements in my opinion as those predictions are usually mostly a gamble. The wise investor finds projects he or she knows are undervalued and thus will increase in value over the mid to long term, buys that project, and holds regardless of short term volatility. DCA in and DCA out when you are happy with your profits, no need to over analyze. Cheers
Always is. But it will be shortlived. Keep dry powder ready.