Recent content by recessmonitor

Thanks! I reach out to him if things doesn't work out in January.

No way I'm going to send them my tax info so they can send me a 1099. So the limit reset each year-end? I might wait until January and try to see if I can withdraw all my money and money to something else.

I'm assuming he wasn't able to recover any of this money?

Maybe look into Venmo. Starting to have issue with PP and looking into switching to Venmo. I know Venmo is owned by PP but for some reason they're less strict.

With those 2 options I would think #2 is better seeing how many alt coin there is and new ones keep coming out. With an exchange you make money off commission so regardless of what coin will succeed you can still make money

Isn't btc is meant to be unregulated currency? Regardless, even with the fed it'll could takes years for btc to be mainstream.

Account has been verified. I've been receiving payment as F&F to avoid paying the PP fees. They're noticed the payment and now want my tax info to send me a 1099. My account is froze until I submit the requested information.

Anyone have had their Paypal account froze until you provide ID verification for tax purposes? What did you do to withdraw your balance?

Totally agrees with you. Cyrpto is an investment for the future of currency so buying today at $1,000 or $10,000 should have little affect if you think it'll be at $100,000 in the next 10-20 years.

Do you set a price where you cover your short? In a case they rally?

A good strategy I learned was to buy and sell increments when btc prices goes up and down to limit your exposure and realize some of your gains

Thanks!

I think crypto as an investment for the future. Where do you think it will be in the next 1,3,5,10 years. I would invest money you can afford to lose and buy and hold.

Hi, thanks for adding and looking forward to learning from everyone