Service offering automatic conversion from anyone sending fiat to someone receiving crypto?

Categories
Crypto

Is there any service where you can send a bank transfer or pay by debit/credit card and it gets converted to crypto, but without checking for the sender account? e.g. what I had in mind was that ANYONE can send some money to that service with a reference number and then that service sends (say) […]

Remember, there’s still no tax loss harvesting rule in crypto (US). Here’s a chance to put money back into your pocket.

Categories
Crypto

If for instance you bought 1 Bitcoin at $60k, you can still sell at $55k for example, then buy it right back at about $55k. You’ll still have 1 Bitcoin, and seemingly no real changes to your position. But you’ll now have a -$5k capital loss on your taxes. If Bitcoin were to bounce back […]

Finally gave up.

Categories
Crypto

Back in 2017/2018 I turned $4000 into 65k AUD with XRB nano, what was then called raiblocks and a little bit on ripple when it went past bitcoins market cap. This rapidly dropped to 10k at which point I pulled everything out and swore I’d stay away from crypto. I had 3btc at the peak… […]

Over $850 million in realized losses, with short-term holders bearing the brunt

Categories
Crypto

submitted by /u/Dapper-Horror3112 [link] [comments] Join The SmashBotAI Telegram Community Now! Get trade alerts, smashable token trade ideas, and more! https://t.me/smashbotcommunity Start Trading Now: SmashBotAI Telegram Bot Claim Your $SMASH Airdrop Now!

Should I sell?

Categories
Crypto

Yesterday, I sold some personal items for cryptocurrency and received $2600 in a transfer. Note: I didn’t choose cryptocurrency for speculation but simply for the ease of transfer (it was Litecoin). Since it was already night, I decided to convert it to Fiat this morning. Now, in the morning, I wake up, and my $2600 […]

Assessing Average Market Risk: Weighing in on the Crash

Categories
Crypto

The Market is seeing a strong correction with Bitcoin down over 25% over the past week. Looking at my portfolio hurts and it’s clear this sub is in distress. What usually helps is putting price into perspective using long-term risk models. I’ve posted this compilation of my private and public indicators before and people have […]

Ethereum nosedives: 32% weekly drop, largest YTD loss

Categories
Crypto

Ethereum collapses 32% in a week, with an 18% drop in the last 24 hours alone, as the crypto market as a whole records its largest dip this year. submitted by /u/hiorea [link] [comments] Join The SmashBotAI Telegram Community Now! Get trade alerts, smashable token trade ideas, and more! https://t.me/smashbotcommunity Start Trading Now: SmashBotAI Telegram […]