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RE: A Simple Method to Trade Bitcoin Against Gold

in #bitcoin7 years ago

Ha, neat! After I followed you I checked your profile to see if I had read other articles you wrote. There was only one other -- and it's what motivated me to join Steemit a week ago! I believe someone on ZeroHedge copied a link to it in a comment there. (Or maybe Trollbox? Somewhere other than here, anyway... :) )

I haven't yet copied your strategy, but I do remember reading it and thinking it might nicely apply to a trading pair, like BTC/LTC, or BTC/ETH. I had made a note to consider writing a bot for it, but then forgot about it. So -- thanks also for the reminder! :)

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Had a similar thought about this with BTC/ETH. I guess you could easily go back and run a simulation. Of course once thing to consider is all the taxes to declare What a nightmare. I just hope one day we can get BTC and ETH in our 401Ks and IRA accounts...

Hey I was on vacation and missed responding to a few posts. Check out http://losthorizons.com, and Pete Hendrickson's book "Cracking the Code" which he sells there.

Long story short: you only owe taxes if you got money from the federal government. If an individual, or a corporation, paid you, then you don't owe taxes.

Form 4852 is the key, but it's worth the $25 to get the book. Hope this helps!

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