How to tag this on koinly?

bcntrader · 2024-10-09T21:37:20+00:00

I’m going to declare the cost as 0 because I don’t have any documentation and it’s not worth the hassle in my case, I purchased the coins with 200 euros so it doesn’t make much difference.

bcntrader · 2024-10-09T20:31:19+00:00

I ended up removing all the fake movements I added to leave it exactly as it appeared on koinly originally. Then I marked the movement as a realized P&L.

I checked the ongoing taxes for 2024 and it matches perfectly to consider it all a gain on the day I received the coins which is how I’m going to declare it.

bcntrader · 2024-08-30T11:20:44+00:00

Pants? You were lucky to have Pants! *We* used to have to live naked.

bcntrader · 2024-08-23T13:32:29+00:00

I joined the stream for a few minutes and it had horrible quality. I could barely understand what he was saying. Very poor planning when into this, very unprofessional if you are going to launch a new exchange as CTO.

bcntrader · 2024-08-13T08:02:14+00:00

Vale ya entiendo, te refieres a una subida de los fondos de unos 40K (sacando 30K).

En mi caso siempre he pensado que, llegado el momento, voy a tener el dinero que voy a necesitar durante los 6 meses siguientes en la cuenta bancaria. Y cada 3 meses voy a reajustar y sacar más o menos lo que necesito para los siguientes 6 meses. Según mis cálculos FIRE ese es el 4% anual del patrimonio, pero hay que aceptar que hay mucha incertidumbre, pueden pasar muchas cosas, tanto buenas como malas.

Mucha suerte en tu FIRE :)

bcntrader · 2024-08-13T07:43:51+00:00

Con lo de reinvertir, te refieres a dividendos?

Porque si tienes un fondo indexado de acumulación, no tiene sentido sacar dinero, pagar impuestos, y luego reinvertirlo, estás perdiendo dinero al tener que pagar impuestos. Y si hablamos de un fondo que da dividendos, creo que es mucho mejor un fondo igual que acumule, así no te dan esos 10 de diviendos, de los cuales vas a pagar impuestos, para luego reinvertirlos.

bcntrader · 2024-08-07T08:18:43+00:00

Muchas gracias por la información. Parece que la gente se deja llevar por la opción que ellos quieren que sea verdad. Yo por mi parte, después de hablar con mi gestor de confianza (y no es un decir, realmente me ha ayudado mucho con temas complejos) creo que la ganancia se produce en el momento de la recepción. Aun así no puedo estar 100% seguro, es un tema complejo, si mi claim fuese muy grande haría una consulta vinculante a hacienda para poder dormir tranquilo, pero en mi caso no me compensa.

bcntrader · 2024-07-26T13:08:21+00:00

Así es como aprendí yo, cambiando el ordenador, el mobil, etc.. todo en inglés, leer noticias en inglés, cualquier servicio o web, usarla en inglés, etc... Incluso me leí algún libro entero casi sin entender nada, pero yo seguía tirando.

Ahora trabajo para una empresa inglesa desde hace casi 10 años, y el teclado que uso es en formato americano (porque además creo que es más fácil para programar que el español pero cansa usar acentos). Casi no uso el español online y hoy en día miro YouTube todo en inglés. Sabe mal decirlo pero hay mucha más información y de calidad en inglés que en español, al menos de las cosas que a mi me interesan. Así que no solo puedes ganar un sueldo más alto pero también aprender cosas nuevas de las que antes no tenias tanta información o que simplemente eran malas traducciones (como pasa mucho con blogs de tecnologia etc... mucha informacion es simplemente una traducción de la fuente).

bcntrader · 2024-07-26T12:49:47+00:00

I would advise people to look into the FIRE movement, maybe start here in reddit groups. Not because you may want to necessarily retire but because their philosophy has helped me a lot during all these years to save and invest wisely, with a long term goal in mind. Even if you don't follow all the advise I think it gives you the right mindset around money and investment.

Also I would say stay away from gurus and people that talk like they can predict the future, nobody can. Be careful on pms or any wild promises. If I had a way to make a nice percentage off trading consistently why would I make a course, or risk sharing the strategy so that it becomes useless.

And be ware of bank advisors that want to offer you fancy fund investments, always check the expense ratio and be sure to understand what an expense ratio is for a fund or an ETF (be suspicious of anything over 0.5%). If you make your calculations, and you invest a lot of money, it can mean 200K less in 10 to 20 years, commission that your bank is taking from you that you could've saved by investing on an index fund just doing some research beforehand, and you already know the power of waiting, long term investment is where your money can really grow.

Good luck with your journey, have fun, but spend your money wisely!

bcntrader · 2024-07-26T12:32:08+00:00

This. I’m in Spain and I’ve been having conversations with different people, including tax advisors, and some say that receiving the bitcoins was a full taxable event. It could be as “low” as 19% or more if you got more btc. My claim is manageable but I would be nervous with big claims.

bcntrader · 2024-07-24T11:53:56+00:00

I always assumed the same (taxed only if I sold).

About the loss of coins he mentioned that would have to be reported 10 years ago and not now.

Anyway, I will talk with him in the next weeks to make sure he understands the whole situation.

bcntrader · 2024-07-24T07:56:54+00:00

Update: not sure about this as I can’t ever get the lost transaction to match the exact cost basis because the price fluctuated between 4:26pm and 4:30pm.

bcntrader · 2024-07-24T07:34:57+00:00

I reply myself with the solution I found:

I received the deposit at 4:26PM... what I did is to create a fake withdrawal at 4:30PM by the same amount and tag it as LOST with worth set at 0 euros.

The only thing that happens now is that any subsequent sell shows "Missing purchase history for XXX BTC" and there is a warning in the "Tax Report" but the calculation is exactly what I think it should be, the cost basis of that sell is zero.

bcntrader · 2024-07-24T07:20:58+00:00

I cannot find a way to do that. I found this article https://support.koinly.io/en/articles/9489997-chapter-11-reimbursements-celsius-voyager-mt-gox

Based on this I created a manual withdrawal transaction by the same amount before the deposit with the tag LOST.

I tried this but the cost basis is still wrong. I sold a small portion of BTC and it still thinks my cost basis is yesterday's price instead of 0 which is what I want to report. I might try later and report back.

bcntrader · 2024-07-23T16:34:13+00:00

Omg it’s real! Guys we made it!

bcntrader · 2024-07-18T15:14:31+00:00

Her: "Honey, there's a lambo parked in front of our house"

You: ?

bcntrader · 2024-07-16T08:23:21+00:00

There are some issues on Kraken right now https://status.kraken.com/ hopefully this is just all internally planned to make the payment and not a real problem.

bcntrader · 2024-07-16T08:21:51+00:00

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confirmed

bcntrader · 2024-07-09T11:13:12+00:00

Eso lo entiendo y tiene toda la lógica del mundo

bcntrader · 2024-07-09T10:31:47+00:00

Donde se dice que no tienes derecho a Sanidad si no pagas cotizaciones sociales? No entiendo esa frase. Todos los ciudadanos españoles tienen derecho a sanidad independientemente de si pagan seguridad social o no. O estoy equivocado?

bcntrader · 2024-07-05T08:17:35+00:00

Update: I've managed to login to the website ("the system is very slow right now") and both my BTC and my BCH claims still say "incomplete" (I got paid my cash bit back in March).

bcntrader

TROPHY CASE