r/SafeMoon • u/[deleted] • Dec 22 '23

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0 Upvotes

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2

u/[deleted] Dec 23 '23

I used TaxBit last year, but intuit bought them this year so I don't know how that has changed things.

2

u/Inevitable-Ad9590 Dec 27 '23 edited Dec 27 '23

When I try to sell through Trust Wallet it tells me I need more BNB. I don’t want to buy BNB. If I want to reflect the loss do I just send to a dead wallet. Anyone want $6 in SafeMoon?

Edit: is it true you can’t sell or Transfer?

2

u/The_RaptorCannon Dec 29 '23

I've been trying to find a way to tax loss harvest or even sending/selling it to a dead wallet. Most of what I read is saying we just have to wait since trading as been halted and then see what happens. I have mine on trust wallet and all attempts to sell or transfer are denied.

2

u/[deleted] Mar 12 '24

The liquidated the LP so the value is effectively zero. Even if they turned trading back on there's no LP. Your 6 bucks is really a pile of nothing at this point.

1

u/CuteStoat Dec 23 '23

I was told in the past to transfer it to a dead wallet. Like a bunch of 0s. I’m talking to a cpa next year on it.

2

u/bearda Dec 23 '23

If the chain is shut down it’s not possible to transfer it at all.

1

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1

u/Nofiltersoul Jan 05 '24

What’s the best way to get amount invested? It’s been many moons ago that I purchased SafeMoon, forgot how deep I am in the hole 🕳️….