Yea CB seems hit or miss.  Some days they're smooth as butter, other times it's a real nightmare.  I have Gemini as well, they've been good so far.

Wish I could go back in time and mine.  How little I knew back in 2009

ATH test will happen after the fud dies down, 4-6 weeks.

I think you have a perfect accumulation of negative forces at play this week.

1.) South Korea non stop FUD
2.) China FUD again
3.) Bitconnect in the news, adds extra fear in the market on top of everything else
4.) I think this could be a very valid point but, the Futures Market has contracts expiring today.  There's a theory that Wall St ran up BTC prices in dec, shorted a ton of futures contracts, sold the BTC and now they can collect more today on the cheap when the contracts expire.
5.) Taxes, Chinese New Year, etc etc

All of these together creates quite a situation for a 30% drop.  What happens next is really important.

Research and pay attention.  Don't make snap decisions based off of the crazy market sentiment you immediately feel.  You'll know what's important news and game-changing versus what's sensationalist and can be used as a good buy opportunity, or give you the confidence to hold.  

This is a new trading market so you can see how emotional so many first time investors are.  Anyone that has learned and participated in equity investing will have a calmer rationale.

It's a good correction, it's allowing new traders to get in at a lower buy point.  There's tons of money on the sides right now locked up in the long delays all the exchanges have been involved with.

Lots of people couldn't get into the market in 2018.  This will be a perfect opportunity for days to come.

Here's the dip you were waiting for!

I'M FREAKING OUT.

But, still calm.

Keep calm and crypto on.

I wish they would release why Bittrex dropped them.  But they have two other exchanges they're trying to get on so hopefully that's released soon.

There's still some hype left in this baby.  Depending on your time frame, good short-term hold.

Yay for more capital when they get going, boo for unnecessary FUD from headlines that might happen in the next few months.

Once a lot of this FUD clears up, I believe we'll start seeing the uptrend again.

Unnecessary FUD, people taking early profits, and very sensualized articles scaring everyone.

They can try, but their banning efforts will be in vain in a few years. 

Let's clear up coinbase's policy a little.

"Will Coinbase send me a 1099 or similar form?

For U.S. users only, Coinbase provides Forms 1099-K to certain business users and GDAX users that have received at least $20,000 cash for sales of cryptocurrency related to at least 200 transactions in a calendar year."

Certain business users and GDAX users that have received at least $20,000 cash for sales related to at least 200 transactions.  

So that settles that, most people will NOT be receiving a 1099 from Coinbase.

"Does Coinbase provide other tax reporting information?

You should refer to your account transaction history for records to compute your gains and losses over a given period. As a convenience to our customers, Coinbase also provides a Cost Basis for Taxes report (in beta) which will help with filing your taxes."

This is not the same as a 1099, this will help you self-report, but they will NOT be sending the IRS anything.


Edit:

I would like to add, that doesn't mean in 3 years the IRS won't come after CB again and subpoena all their records and then start chasing down everyone that didn't file taxes in 2017/2018/2019.  The IRS can audit you for 3 years, or up to 6 if they believe there's criminal activity, which tax evasion would fall under.

Just some residuals from the unnecessary South Korean FUD

NEO, OMG, ZEC, WAVES, SUB

I would consider decreasing your TRX position.  They are a very hype centered project right now and if you can trim a few % off with any pumps that come out in the next month, it would be ideal.  When the hype slows down, which it will, that coin will become stagnant.