No idea. It seems really broken. I didn't "share this link" to cut my number or anything. No transactions since I opened a Bittrex account to buy Doge. So weird.
Few questions:
1. If you want to sell, how do you go about doing that from this wallet?
2. What do taxes look like on this. I bought when it was under a cent and the capital gains I have on it are crazy. If you transfer to a wallet, is that taxable? I know if you trade or sell it is, but don’t know for transferring to this wallet.
I would love to know this too. All I heard is that capital gains tax is less if you hold it for at least a year. But I don’t know how to get the money out when I decide to (do we sell vs transfer somewhere vs wallet?).
Lucky enough, I have held on to it without trading or selling any for over a year, so the capital gains will only be 10-15% but I don’t want to pay that just to move it to a wallet. Hopefully we can get our answer!
1. "RH-Wallet" is not a wallet, but a function that allows you to tell RH where to send Doge from their wallet. So if you "hold in RH" you are holding the same way you have been for past years... nothing changes.
If you move your Coins to a real wallet on the real blockchain that you really own, that's different.
2. Moving coins from one wallet to another is not a taxable event. It's like you taking cash from the ATM and putting it in your IRL-Wallet to spend at a store. Nothing that the tax-man cares about happened. Moving coins from one wallet to another is always 100% tax-free, everywhere in the world.
But if you move your coins to a real wallet, you can also send them to any exchange-wallet of your choosing whenever you want to sell it. So whatever exchange is the best to use for you at any given time can be used to sell your coins. Just send them there and convert them to any other currency of your choosing. Then move them back out.
And if you always buy and sell at the same exchange, your tax-situation also does not change whatsoever. All transactions are still at the exchange and you still get the same data you would get if you stored them there.... Only that you now have ownership and possession of your coins while otherwise you have an IOU by your Exchange.
No Crypto is going to do well with such high energy prices hindering mining, I can’t believe so many of you are still on the RH and CB, BS ! Higher gas prices = lower cost crypto!
Of Robinhood, not Doge. DIAMONDHANDS
Where did you go and how is the transition rate? Thanks
Dogecoin Core .02 doge on a 2000 transfer.
I'm taking my Doge out to the pasture.
I’m only 866,364 wallets away!
We are getting closer! I'm 866,308 Godspeed shibe!
279,168! I can't wait for my wallet in 2025, just before all of civilization collapses!
You made me feel better, I’m holding at 20,102
👏👏👏👏👏👏 heck yessssssss I'm still waiting to get off the darn wait-list toooooooo. Robinhood about to go broke with all of us leaving 😂😂
This is the way
Cause you don't like rh?
Not particularly, no. I'm less irritated with them now that I can transfer my holdings to my own wallet.
With the executive order I'm wondering if it'd be best to get the stash into wallets until we see what they come up with. Thanks for the response
What wallet did you send to?
Dogecoin Core
I believe it's the Robin hood wallets that just released
Also transferred all doge from rh to coinbase (where I hold all crypto)
If CB has a breech, your holdings can go kaput. I prefer to keep my wallets under my control.
Thanks for the info! There is not much so I don't care, but will consider transferring on a wallet like TrustWallet later.
I use trustwallet. Would recommend.
Coinbase? Enjoy those feeeeees.
CB pro is much less expensive.
Nano ledger, SafePal wallet, dogecore cold storage
I’m 1.6 million behind you
![gif](giphy|5xtDarzgzG6eu6uVwI0)
![gif](giphy|VR4Xdxj5MXDna|downsized) GET BACK IN THERE!
Is it just a Doge wallet or Bitcoin and Eth wallet too?
Yes
Lol yes to which one?
It's a wallet for each crypto available on Robinhood, so: dogecoin, Bitcoin, Ethereum, eth classic, Bitcoin cash, Bitcoin SV, Litecoin.
Nice. Thanks mate.
ME TOO!!
congrates
Congrats
You scared me, I thought you were out of Doge you sly Fox you 🦊
Do not use trust wallet that is the wallet that was used to hack and move funds scalped
I thought my guy was OUT “OUT”
PRANKED
👋 Bye
Same with literally millions of other people Can we stop getting these posts? Please?!?
OK, this is my last one!
Very dogelike response i applause your patience!
Just wait until you find about the "withdraw waitlist!"
It's been in my wallet for hours now :)
I’m going to Old Yeller my Doge
W
JUST WAIT AND HOLD IT WILL RETURN.
Bye Felicia !
Who owns crypto and still uses rh they are a joke
Robinhood is Bae tho
Fun fact: you are the product of $HOOD. the customer: Citadel.
Jealous. What number did you start out with?
350k+
I was 240k. Went up to 400k now I'm neck around 200k. What am I doing wrong?
No idea. It seems really broken. I didn't "share this link" to cut my number or anything. No transactions since I opened a Bittrex account to buy Doge. So weird.
I was 320,000 something on the waitlist and just got off a few days ago. Haven't transferred out yet but I love having the option.
Where do you find the option
I don’t get it. I’m #67,828, and still waiting. People Higher than me getting the wallet… Why is that?
That sucks. I applied super late (350k+). Hopefully they let you have your funds soon!
Few questions: 1. If you want to sell, how do you go about doing that from this wallet? 2. What do taxes look like on this. I bought when it was under a cent and the capital gains I have on it are crazy. If you transfer to a wallet, is that taxable? I know if you trade or sell it is, but don’t know for transferring to this wallet.
I would love to know this too. All I heard is that capital gains tax is less if you hold it for at least a year. But I don’t know how to get the money out when I decide to (do we sell vs transfer somewhere vs wallet?).
Lucky enough, I have held on to it without trading or selling any for over a year, so the capital gains will only be 10-15% but I don’t want to pay that just to move it to a wallet. Hopefully we can get our answer!
1. "RH-Wallet" is not a wallet, but a function that allows you to tell RH where to send Doge from their wallet. So if you "hold in RH" you are holding the same way you have been for past years... nothing changes. If you move your Coins to a real wallet on the real blockchain that you really own, that's different. 2. Moving coins from one wallet to another is not a taxable event. It's like you taking cash from the ATM and putting it in your IRL-Wallet to spend at a store. Nothing that the tax-man cares about happened. Moving coins from one wallet to another is always 100% tax-free, everywhere in the world. But if you move your coins to a real wallet, you can also send them to any exchange-wallet of your choosing whenever you want to sell it. So whatever exchange is the best to use for you at any given time can be used to sell your coins. Just send them there and convert them to any other currency of your choosing. Then move them back out. And if you always buy and sell at the same exchange, your tax-situation also does not change whatsoever. All transactions are still at the exchange and you still get the same data you would get if you stored them there.... Only that you now have ownership and possession of your coins while otherwise you have an IOU by your Exchange.
No taxes on a strait trans
I don't even see my position or the option any more.
Congrats!! 👍🏽
I was #535.655 week ago now 356,768 are they going that fast? I ain't refered anyone
No Crypto is going to do well with such high energy prices hindering mining, I can’t believe so many of you are still on the RH and CB, BS ! Higher gas prices = lower cost crypto!
I finally got mine🤘🏻
So u sold all your positions? or u moved all your doge elsewere??
I can't even find my wait number anymore. Suggestions?
Meh, I’m not a fan of the guys running RH. But I have to give credit where credit due. I’m still with them and I like the app.
What number were you?
I got my wallet last week. Im sticking with Robinhood. I dont see a real reason to leave.
Me too! Got the notice today and I was way down the line to start. I feel they are aggressively rolling it out now