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Topic: Do I really have to pay taxes on crypto investments? - page 16. (Read 2483 times)

newbie
Activity: 112
Merit: 0
there is a risk that the collapse in the digital asset market may recur. This is likely to happen if the S&P 500 index does not overcome the indicated resistance and returns to a fall, as experts predict.
If you do not take into account the stock market, what else affects bitcoin price?
newbie
Activity: 98
Merit: 0
there is a risk that the collapse in the digital asset market may recur. This is likely to happen if the S&P 500 index does not overcome the indicated resistance and returns to a fall, as experts predict.
newbie
Activity: 27
Merit: 0
This causes the USD to strengthen, respectively, the cryptocurrency is cheaper relative to it.
newbie
Activity: 98
Merit: 0
during previous crises the S&P 500 bounced by 15-25% and then returned to a downtrend. If the index now demonstrates the same trend, it will go into a phase of falling from a mark of 2960 points.
but why Bitcoin Depends on the S&P 500?
In recent months, the digital money industry has been highly dependent on the stock market. The price of digital assets fell and grew along with stock quotes, which was especially evident in early March. One of the reasons is that investors in bitcoin and other coins fixed their positions in order to compensate for losses from investments in traditional assets.
Another possible reason is the fluctuation of the dollar. The US currency is considered one of the safest assets, which is why investors transfer capital to it during market uncertainties.
newbie
Activity: 140
Merit: 0
during previous crises the S&P 500 bounced by 15-25% and then returned to a downtrend. If the index now demonstrates the same trend, it will go into a phase of falling from a mark of 2960 points.
but why Bitcoin Depends on the S&P 500?
In recent months, the digital money industry has been highly dependent on the stock market. The price of digital assets fell and grew along with stock quotes, which was especially evident in early March. One of the reasons is that investors in bitcoin and other coins fixed their positions in order to compensate for losses from investments in traditional assets.
newbie
Activity: 112
Merit: 0
during previous crises the S&P 500 bounced by 15-25% and then returned to a downtrend. If the index now demonstrates the same trend, it will go into a phase of falling from a mark of 2960 points.
but why Bitcoin Depends on the S&P 500?
newbie
Activity: 140
Merit: 0
during previous crises the S&P 500 bounced by 15-25% and then returned to a downtrend. If the index now demonstrates the same trend, it will go into a phase of falling from a mark of 2960 points.
newbie
Activity: 98
Merit: 0
Powell urged lawmakers to approve new fiscal stimulus measures at a press conference. They are necessary in order to protect the US economy from the consequences of the crisis caused by the coronavirus and accelerate the process of its recovery after the pandemic. (as the head of the Fed explained)
there may be another reason for this. Tether released 160 million USDTl and we know thAT THIS company was already manipulating the rate of bitcoin with its stablecoin.
The current growth in the bear market is reminiscent of what happened in 2008. Presumably, the stock market will grow to a reversal, which, if it happens, will drag the S&P 500 index to new lows
newbie
Activity: 140
Merit: 0
Member
Powell urged lawmakers to approve new fiscal stimulus measures at a press conference. They are necessary in order to protect the US economy from the consequences of the crisis caused by the coronavirus and accelerate the process of its recovery after the pandemic. (as the head of the Fed explained)
there may be another reason for this. Tether released 160 million USDTl and we know thAT THIS company was already manipulating the rate of bitcoin with its stablecoin.
newbie
Activity: 98
Merit: 0
Powell urged lawmakers to approve new fiscal stimulus measures at a press conference. They are necessary in order to protect the US economy from the consequences of the crisis caused by the coronavirus and accelerate the process of its recovery after the pandemic. (as the head of the Fed explained)
newbie
Activity: 27
Merit: 0
Anybody knows why Bitcoin has risen in price to $ 9468???
over the past three days Binance and Coinbase have shown record volumes of deals. This suggests that the current rise in the price of bitcoin was caused by real demand from retail investors, and not as a result of manipulation.
some say its all because of Jerome Powell’s speech. Can you believe how one man’s words can impact a billion dollar industry?
newbie
Activity: 98
Merit: 0
Anybody knows why Bitcoin has risen in price to $ 9468???
over the past three days Binance and Coinbase have shown record volumes of deals. This suggests that the current rise in the price of bitcoin was caused by real demand from retail investors, and not as a result of manipulation.
newbie
Activity: 140
Merit: 0
Anybody knows why Bitcoin has risen in price to $ 9468???
who cares? they are just doing anything they want with its price.
newbie
Activity: 112
Merit: 0
Anybody knows why Bitcoin has risen in price to $ 9468???
newbie
Activity: 140
Merit: 0
newbie
Activity: 140
Merit: 0
Member
I think you can find the most accurate tax solution on the market that provides a complete tax reporting services without the need for additional CPAs. They cost a lot. and if you have a good tool to help then why hire CPA?
I got like hundreds of transactions on dozens of exchanges. and I really dont want to waste my time on taxes.
should’ve thought about it before trading that much Smiley
newbie
Activity: 98
Merit: 0
I think you can find the most accurate tax solution on the market that provides a complete tax reporting services without the need for additional CPAs. They cost a lot. and if you have a good tool to help then why hire CPA?
I got like hundreds of transactions on dozens of exchanges. and I really dont want to waste my time on taxes.

newbie
Activity: 112
Merit: 0
I think you can find the most accurate tax solution on the market that provides a complete tax reporting services without the need for additional CPAs. They cost a lot. and if you have a good tool to help then why hire CPA?
newbie
Activity: 98
Merit: 0
The cryptocurrency tax reporting tool ZenLedger is supported by a team of CPAs, tax attorneys and software developers. really impressive!
what does this CPA feature include? they provide the service as CPAs provide?
you can invite your CPA to your account, download all you transactions and have the CPA help you with them.
so ZenLedger has CPAs on board. for instance if i don’t have one they can provide me one?
if this I’m not sure. you should check their site for this. https://zenledger.io/
actually it looks like they do have fully supported plans where a CPA or a tax preparer will do everything for you. You can buy it as an additional service on top of your regular plan. The nice thing that this CPA service will include not only your crypto reconciliation but your full tax return.
newbie
Activity: 112
Merit: 0
The cryptocurrency tax reporting tool ZenLedger is supported by a team of CPAs, tax attorneys and software developers. really impressive!
what does this CPA feature include? they provide the service as CPAs provide?
you can invite your CPA to your account, download all you transactions and have the CPA help you with them.
so ZenLedger has CPAs on board. for instance if i don’t have one they can provide me one?
if this I’m not sure. you should check their site for this. https://zenledger.io/
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