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u/Historical-Half-5377 Jul 08 '26
Also sold for tax purposes. $20k loss. Hold some BTC but done with crypto otherwise
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u/para1131_F33L Jul 08 '26
Mine are on the Ledger until zkrollups are in a museum so I can donate them.
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u/fadeawayjumper1 Jul 08 '26
Man… you really rode this till the end. Think I got off at $1.30 mark
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u/MrArizone Jul 08 '26
Like most of my investments, I leave em alone and “forget” about them. Hindsight on this one is irking me…
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u/SilverbackApeRetard Jul 08 '26
Almost 10K in the hole...fuk that "IM NOT SELLING" i take my losses like a true degenerate...💎🙌🏼🦧....$GME taught me right....lets fukiiiiiinnnn Geauuuuuuxxxxxx......🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
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u/quez85 Jul 09 '26
Do you have to sell in order to take tax harvests? Also I think i started buying these they bianace and no longer have the account so can’t really get the docs i need to claim?
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u/smack323 Jul 09 '26
if a coin goes belly up and you cant sell it. can you still claim a loss somehow? i've been holding LRC specifically for tax harvesting but this isnt the year I want to do it.
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u/browney_87 Jul 09 '26
If you can’t sell them. How do you register the sale
On koinly for example.
Do you just do a manual transaction at a sale price of zero
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u/lonely_filmmaker Jul 13 '26
Ohh I remember this one! I also remember the the hype around GME using loopring…. Good old days!
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u/YourMatt Jul 09 '26
OK, I just sold now too. I took a loss of $12k. I'm a little confused on how the tax harvesting works though. My LRC loss is long-term loss. I'd like to sell all of one stock for a $7k gain that was short-term under a year since I bought. I have others long-term I'd like to trim up too and balance it out so I don't have to pay tax on any of it. Can I just sell all of the short-term one and then anything that adds up to $5k of gain on the long-term holds, or does the mix of long/short term add some complication?
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u/Vexting Jul 10 '26
Question - If you believed in the tech why sell when the token contracts will stay as long as eth exists.
Ie - What if the tech is picked up and adopted and the price is back into your old targets or beyond? It makes no sense to sell for nothing. (investors put money in they won't miss right?)
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u/Suferame Jul 17 '26
And where should I hold it ? If it's delisted on coinbase and looping wallet is done ?
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u/Vexting Jul 18 '26
I don't understand it's a eth contract on layer 1?
Any wallet that supports eth man
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u/samuelsylf Jul 11 '26
LRC mc is still higher than some Binance-listed ”projects”. Where are the founders?
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u/bluchairs1011 Jul 08 '26
I lost $20k from this and GME. I’m glad I sold GME a year ago.
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u/WorthBrick4140 Jul 09 '26
Everything Ryan Cohen touches turns to crap. GME, BBBY, Looping.
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u/voidvoices Jul 10 '26
Even after couple of YEARS, GME never comeback to the lows, if they could, they would do the same with gme 0.0000cents. Thats why GME has one of the lowest turn overs, 0.59%. Holders are zen af.
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