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Recent content by mistaphi

  1. mistaphi

    Does Metamask report user trades to the Tax Agency?

    Unlikely that Metamask will report anything to tax agencies because no KYC is required to use their wallets. That means, they don't know who you are and can't report that you (JSA) received or sent anything. If the tax agencies were to knock on metamask's door and request certain transactions...
  2. mistaphi

    When there's blood in the streets, who's buying Bitcoin?

    How easy is it to sell your gold for fiat? Where I am, it's much easier to sell Bitcoin for cash. But I've gotta ask you this... If the candlesticks over the past 6 days were green, would you really have sold your Bitcoin? I think it would a fair assessment to say that wouldn't have...
  3. mistaphi

    When there's blood in the streets, who's buying Bitcoin?

    Blood in the streets = a stream of red candlesticks lol If you leverage Bitcoin and can't afford to all positions, it's a gamble.
  4. mistaphi

    When there's blood in the streets, who's buying Bitcoin?

    That would be me... But I'm curious to know if anyone panic sold or got liquidated. If so, refer back to this thread in the future and chop it up as a lesson learned.
  5. mistaphi

    Any Bitcoin Maxis use the Lightning network?

    Great perspectives guys... Appreciate the feedback.
  6. mistaphi

    WTF is now wrong, all cryptos down?

    https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
  7. mistaphi

    Any Bitcoin Maxis use the Lightning network?

    What's the deal with the Lightning Network and is it heavily adopted? For those that do use the Lightning network, explain why and for those that don't, why not?
  8. mistaphi

    WTF is now wrong, all cryptos down?

    That's good enough to put your wallet in the top million or so wallets that hold 1 BTC or more. 53+ million wallets own less than that so you're doing great. Keep stacking those sats.
  9. mistaphi

    Anyone tried CoinsPaid business wallet?

    Check out my reply to spagge123 above. Those wallets may help you as well.
  10. mistaphi

    Purchasing Crypto With Mercury

    Probably something similar to PP*GOOGLE COINBASE or APPLEPAY KRAKEN The transaction detail is provided for you to identify the payments and help with your accounting. As long as you're using a credit card that is not from Mercury, what's displayed will not affect your banking relationship...
  11. mistaphi

    It finally happened, BITCOIN broke past $100K!

    Definitely a possibility and great food for thought... But they can dump as well, taking massive profits from management fees and passing on the losses to investors. Beats me why anyone would invest in ETFs when they can just as easily acquire the real asset themselves, but everyone has their...
  12. mistaphi

    How to setup a Stop loss order in Kraken ?

    Here's a vid on setting up a stop loss using Kraken pro. I see that you're using the classic Kraken order screen to trade. You'll save in fees by using Kraken Pro so it's worth getting used to. And this vid will give you step-by-step instructions on setting up your stop losses - But like...
  13. mistaphi

    Purchasing Crypto With Mercury

    Just saw that you need to pay some of your sellers in crypto and if that's the case, you may want to consider crypto.com. I normally wouldn't recommend them b/c they charge ridiculous fees to send bitcoin. But they do accept fiat payments through Apple/Google Pay. This means that you can pay...
  14. mistaphi

    It finally happened, BITCOIN broke past $100K!

    Yep yep... I'm with you 100%. I've been in since 2017 and have seen a couple long and drawn out bear markets. And while I was making some great returns from trading, that came to an end around Nov 2021 when the high volatility ceased. So I get it and based on your response, I hit me that I...
  15. mistaphi

    It finally happened, BITCOIN broke past $100K!

    Wow... All of you are presenting great perspectives to consider about Bitcoin, and none are without merit. I personally believe that Bitcoin offers the absolute best opportunity for long-term wealth preservation and growth. Its history of resilience, adoption, and overall price appreciation...