SuziM
Moderator
1 6 4632

This sweepstake has ended

 

Thank you so much to everyone who participated! We appreciate you sharing your experiences with our community. A winner will be randomly selected and contacted to claim their prize.

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A friendly welcome to our new and returning community members! 

 

We’re excited to share another sweepstakes and another chance to win a $100 gift card with you. This month, we’re discussing cryptocurrency.  

 

For some, crypto may be confusing, for others, it may be used as commonly as cash. While there are many advantages to using crypto, there are some disadvantages as well. That’s why this month we're asking, has crypto made your financial transactions easier or more complicated? Or if you have decided not to use crypto at all, please share why. Anyone who shares their opinion or experience below will be entered into a sweepstakes for a $100 gift card. A winner will be randomly selected on November 15, 2023. 

 

If you have questions about how cryptocurrency can affect your taxes, please check out this blog post and join us for a LIVE Q&A on  Wednesday, November 15th any time between 9:00am and 5:00pm Pacific Time to ask Tax and Financial Experts your questions and get advice about taxes and personal finance, for free! Learn more and RSVP here.                                                                                                                                                                                                                                                                                                                               

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We will be hosting the Crypocurrency sweepstakes to give you, and others, the opportunity to share your experiences. One lucky winner will be chosen randomly to receive a $100 gift card.

 

  • WHAT: Sweepstakes for a $100 gift card
  • WHEN: Entries will be accepted from November 8, 2023  at 9:00 AM through November 15, 2023  at 5:00 pm Pacific Time

HOW: Enter by adding a comment to this post sharing your opinion or experience with crypto. If you are the winner, we will send you a private message. The winner will be selected at random on Nov 15, 2023

Comments
Returning Member

I've heard but can't wrap my head around what crypto is! Sigh...

Level 4

Did some small scale crypto trading. OMG most crypto exchanges charge a lot more fees than traditional brokerage eg Morgan-Stanley, Fidelity, etc. And there are so many cryto available and this list is still expanding. Definitely on another spectrum of trading!

Level 1

I really appreciate the seamless nature of importing my cryptocurrency transactions, by way of coinledger.io (.csv), in-order to adhere to my crypto taxation!

New Member

It’s been very complicated for tax purposes also has been very hard to make calculations since there were many transactions in one year

Level 1

Are the fees from crypto exchanges like Coinbase deductible? A fee is charged every time that I DCA in and buy more.

Level 1

I've  traded crypto consistently for the past 2 years. From my perspective, crypto has the potential to simplify financial transactions with its speed and global accessibility. However, its volatility, security issues, and regulatory uncertainties can also introduce complications.