Top is here: Wife bought Dogecoin Saturday.

godawgst

$500 thru Robinhood.

Let's just say her stock experience is limited (as in essentially none), but saw it on a facebook link and had a friend buy in.

So with that, what can people tell me about it? Top 5 crypto, top 10, etc. Saw it was .007 back in January and high as .45 last month or so.

Also see it trades 24/7.

I can see why people can trade and make good money on it. As the old saying goes you don't have to outrun the bear, just be able to outrun one person also being chased by the bear. I understand versus the pros I am the mark, but time/experience would allow me to be profitable playing those penny/2 changes through out the day.

For those who have bought/sell it, do you get a statement at the end of the month/year showing you the profit/losses on your buys and sells, and is that also reported to the IRS?

dirtysouwfdawg

I got a statement from Robinhood but I don’t recall looking at it to see about the crypto.

When you click on the specific stock or crypto scroll towards the bottom and you’ll see your equity, growth $’s, and growth %.

Here, yea, I’m pour.

godawgst

I saw all that at the bottom of robinhood when she made the buy.

My question was if you sell it at a gain or loss at the end of year is it treated like a stock where the irs gets a copy and you are to report them just like you do traditional securities?

greenblood

I’ve been day trading crypto the last 2 days. It’s gone pretty well.

Baseman

Will hit $19,682 by labor day.

Sources

godawgst said:

$500 thru Robinhood.

Let's just say her stock experience is limited (as in essentially none), but saw it on a facebook link and had a friend buy in.

So with that, what can people tell me about it? Top 5 crypto, top 10, etc. Saw it was .007 back in January and high as .45 last month or so.

Also see it trades 24/7.

I can see why people can trade and make good money on it. As the old saying goes you don't have to outrun the bear, just be able to outrun one person also being chased by the bear. I understand versus the pros I am the mark, but time/experience would allow me to be profitable playing those penny/2 changes through out the day.

For those who have bought/sell it, do you get a statement at the end of the month/year showing you the profit/losses on your buys and sells, and is that also reported to the IRS?

You'll get two separate tax statements from RH - one for non-crypto and one for crypto

creepycoug

Baseman said:

Will hit $19,682 by labor day.

We need to start talking about a Finance Club member pre-IPO pricing discount, what with the fact that it was chinspired in the Club, and all the free marketing and whatnot.

I like to say "whatnot"; IWILTD.

Sources

creepycoug said:

Baseman said:

Will hit $19,682 by labor day.

We need to start talking about a Finance Club member pre-IPO ICO pricing discount, what with the fact that it was chinspired in the Club, and all the free marketing and whatnot.

I like to say "whatnot"; IWILTD.

EsophagealFeces

I bought me some doogcoin yesterday. Couldn’t resist. I really wish I’d known about it a month ago. I need access to Nancy Pelosi’s investment tip guy.

creepycoug

EsophagealFeces said:

I bought me some doogcoin yesterday. Couldn’t resist. I really wish I’d known about it a month ago. I need access to Nancy Pelosi’s investment tip guy.

Just the tip.

Lolz.

Sources

$DOGE update

1 hr chart looks pretty bullish. For those technical folks out there, good volume levels and C&H pattern for a push up

backthepack

EsophagealFeces said:

I bought me some doogcoin yesterday. Couldn’t resist. I really wish I’d known about it a month ago. I need access to Nancy Pelosi’s investment tip guy.

Old BTP told you fools about this months ago